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I think Bitcoin will be affected by the news, while altcoins will be more seriously affected. The thing to pay attention to is that when Bitcoin experiences problems, altcoins will experience more problems.
So our eyes must always pay attention to the market.
of course the news of Bitcoin ETF's rejection was the main cause.
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In my opinion it will have an immediate impact, because in crypto news related to something will directly affect the market.
so I don't agree if it doesn't have an effect on the market.
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I think ordinal and sat are tokens that are on the BRC20 network, that is another version of the Bitcoin network, or something similar, that's why if the coins are traded then transaction fees will increase because the network is congested. I was following an NFT project that was released on the BRC20 network, and Of course the fee used is BTC, and Sat will increase if transactions on the network are busy, usually it will increase if there is a new project that will mint or inscribe.
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What is meant by a weak trader and a wise trader, can you be said to be a weak trader by taking a small profit, or is a wise trader a trader who never loses?
I think everyone has done both. and traders learn that from their mistakes.
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I think some middle class people can also do it but, the risk is greater because their amount of money is smaller, trading is about managing the mind and mentality, because the mind and mind can be affected if someone trades in a hurry or they have to earn money every month.
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you are good enough to have half a bitcoin, I don't think that's a funny thing, you can save and invest while thinking about your family, I think some people will also be amazed by you, some people who already have family responsibilities will find it more difficult to invest. but you can still do it.
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for now in my opinion, I don't see anything interesting right now about meme coin, it seems like the memecoin hype is going down.
you can look at some ai projects as i think they are more promising.
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i believe in ai, because there are so many ai projects nowadays, it seems they are competing to be the best, i doubt if ai won't be the hype this year or next.
then you can look at defi, because there is so much money stored there it seems that investors dare to put money because they believe in defi.
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I think bitcoin and eth will be approved because they are the most trusted assets in crypto, then the process is to introduce other altcoins to people who have just joined.
Every year crypto is always visited by new people, making the crypto market bigger every year.
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The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called).
As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.
you can choose altcoins that develop AI, currently technology is the main sector being highlighted, but that doesn't mean other sectors aren't developing/interested, it's just that I think the fomo will be focused on AI. |
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In 10 years' time, are you still sure that memecoin will still survive, because what I see in Crypto Meta every time the season changes, for example, currently my predictions are for AI and GameFi, but I might be wrong.
but if you are so sure about your choice why not.
here people only share their opinions.
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I saw a very high rise of several altcoins especially Solana, after the bad news last year Solana slowly rose and regained investors' trust.
I also agree that altcoins can provide huge profits.
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(...)What do you think? Are we heading towards a new altcoin season?
IMO, we are aiming for a general growth cycle, so we don't put too much emphasis on altcoins. However, if we look at the situation in 2023, we currently seem to be quite excited about the upcoming news related to the market. Regarding BTC, although the flow of money into altcoins is also very large, the dependence on bitcoin will also be challenges that people will consider. However, the longterm accumulation process does not need to be too careful because my speculation is that at the present time and in the future (at least 1 year from now), the market will have a more positive and vibrant face. It also depends on each person's investment strategy to make appropriate decisions. FOMO is also an option but also pay attention to shortterm risks. I am also sure that this year until January next year we will experience good and good news. even though there is some bad news, I am sure the market will still have a good influence and impact, after 2 years of fud and decline. |
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Bitcointalk username: cryptoknightt
Bsc address: 0x2c0073f559e37542c77711Ce60649A9F8094419b
nice work with you before sir, i hope we can work together again.
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Bitcoin username: cryptoknightt
BSC Wallet Address: 0x2c0073f559e37542c77711Ce60649A9F8094419b
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Well the confidence of bitcoin investor is top notch  because bitcoin gives surety to the bitcoin lovers and the investors. We all are aware with the price trendency of bitcoin and the market analysis gives us confidence to invest without thinking extra. Because it's give proves a lot if time. That proves gives high level confidence to the investor of bitcoin. The confidence come from the price analysis of the bitcoin. Being the prime mover and then showing how good the price will be in the future, making huge profits, it's easy to say that investors are going to be happy with it and so their confidence is very high. I mean in the last 5 years, the growth of bitcoin is tremendous. And we hear stories that there are investors who become so rich because they have stash a lot and then sell at the right time. With that, some of us trying to replicate that. The formula is very easy, buy low, during the bear market, and be a long term holder and then sell during the bull run to maximize your profit and then rinse and repeat that formula. but it's not that easy, it doesn't take long. I think everyone knows that they have to save money and invest it if they want to become rich. but does everyone want to? not everyone because they sometimes want to buy something and can't resist the urge to buy it. |
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if bitcoin goes up, altcoins should also go up, and that happens altcoins also go up, but not all altcoins go up, only a few, ideally this is not a bull run market, actually only a few coins go up, I think there are several parties who deliberately make this go up .
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so according to your predictions we will not see btc 50k at this time, it's a shame even though it will be very close to ath, currently we are at 44k -36% of bitcoin's ath which is 69k, will we see a new increase early next year.
or do we have to wait for it after the halving.
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In anticipation that the FED will pivot? No rate hike they say. Or it could be retracing back to $31k to try a breakout. Yuletide season is coming though and it usually goes up every holiday.
There are just so many fundamental factors now like Gas going up to $150 per gallon. The last time the gas price went berserk was the time when Russia-Ukraine started and the price of BTC also rocketed so it could be possible.
but I think the bad impact of war is greater than the good impact, let's say the market and oil go up, but human lives are lost just because of the interests of a few parties who want to monopolize or whatever. I would rather have other news cause Bitcoin to rise than war. |
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