In my opinion, investing with Ethereum at a relatively high price like now is very risky, even though ETH has the opportunity to increase even higher, but if you want to invest in the long term then ETH is the right choice.
i agree with ur opinion, not good time to buy eth in high price for short term holder, because for coming days will face bearish market, even already we seeing red market at the moment. eth will increase for long term. solana is bright coin and profit will bigger to invest here then eth i think. But from it's price history ETH has been proven it's a good coin and always strong in the market, after the market bearish 2,7k Price seems so much potential to gain profits. going to 3k is easy way for ETH for everyone who want to quick profits. Solana has similiar system to ETH and it's growing too, but i don't think ETH is not making any strategy for solana growth, i'm sure ETH will hook back their investors by making something big in near future in their ETH 2.0 updates. |
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I have seen Bitcoin go down in the last few days. And it also affects the price of other coins. As a beginner, I would like to ask the seniors in this forum. Why does Bitcoin greatly affect the ups and downs in the price of other coins?
Thanks in advance.
People are speculating many factors that caused this dump. The most highlighted reason is from china's evergrande bad credit case. The largest property conglomerate in China admits it failed to pay its debts. China's bad news is always success to mke the market shiver. People also linked this dump to elsavador bitcoin buying but i don't think it's true. But in the end bitcoin's price dump is usually happen and don't sure what is the real reason, so just take it as a lesson and be careful of future dump. Investing in cryptocurrency is high risk but high return, that's where the fun lies. |
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Yeah it looks like a bear season and everyone talk about this big dumps everywhere. But as long as i'm working in this crypto space, everything that mainstream, the opposite will happen next.
So i'm not gonna lose hope with what people and media tell. I will still hold and buy more if i have more money to invest because when people already talk about dumps, usually the market will "revive".
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I think it is still depend on the upcoming news, if we are going to look at the price we are now still at the 42k$ and the end of the year is coming,we only have a few months before the end of the year 2021 so I think it is hard for Bitcoin to rise up to 85k$ when there is no bullish news that may come in the next few weeks from now.
There are already many good news this year but it's never happen before bitcoin price was touching 2 times all time high in a year, going to 85k means it will create a new all time high for bitcoin and it's hardly to happen because we can not rely on a good news, people already smart enough for does not make a news as a benchmark of investing. So it's okay if the price is not going that high this year, crypto investing is a long and exciting journey |
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there are many blockchains that are making headways with trials of providing solutions to the fees issues like the binance chain, matic, Avax , Solana and so on. they are trying their best but i still feel people are more confident with Ethereum. its too early to judge though thats why we need to give some more time so they can prove theirself.
Those coins are have their own fans but the community of ethereum still bigger than those. Also ethereum is still keep improving everyday. It's platform followed by many other coin's platform but i think people still use ETH because they know it first. Many network used by doing transaction, means more mistake that will happen because we have to change the network and should careful choosing coin network before sending a transaction. I hope in the future there are a unified network that could gather all the tokens into a network that could provide all coins. |
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As the global adoption of bitcoin/cryptocurrency keep expanding and more countries drafting a regulatory framework that allows crypto adoption as a legal tender some indices have been used to sort out the global crypto adoption rate, one of which is the number of Bitcoin ATM installations which the United 🇺🇸 happens to have the highest number of Bitcoin ATMs.
We already know bitcoin's total supply posession is dominated by united states which means this country has the larget cryptocurrency comunity and also the owner. Crypto growth in united states is really fast and this country has large populations make this country crypto space more and more dominant. In some case this is good because it promoting crypto around the world, US is the nest of top rich people in the world, if they promote people i'm sure the world will see and haaving a good impact for crypto but vice versa |
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Hello everyone,
I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing my money continuously with the same strategy i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.
Thank you.
3-4 years experience should be more than enough if you learn from your mistakes, we have similiar time experience but now i'm already could control my emotion when the market is not good enough. I think you should evaluate in every trade you made or every loss you made, read a lot of crypto news and learn the basic technical chart reading and don't get controlled by your own emotion but you are controlling your own emotion. Hope you get less losses a head |
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For now the price of BNB continues to increase even though it has not reached $ 1000 but most likely the value will certainly be achieved for the next few months, although there are problems in the implementation of deFi but this will not hinder the price increase in BNB, with the BSC network in the binance chain then a big push will occur in the price of BNB later, so I have great confidence in binance to continue to compete at the top.
After the BTC crashed week ago i think BNB price is not doing a good recovery yet not like ETH which already start it's growth after the crash. I don't htink this year will be the year of BNB because other coins are get more highlighted on the media compared to BNB, BNB should create something new or something better to exceed other coins that already in highlihted right now just like SOL or ADA. But i'm sure BNB is still worth investing for a long time |
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When they have the idea of money, I will teach them how to use cryptocurrency to pay and teach them the knowledge of cryptocurrency. Many children already know cryptocurrency. When they are very young, I will teach them to pay in cryptocurrency, and when they are adults, I will teach them how to invest in cryptocurrency.
We better should wait to teach our children cryptocurrency trading when they have enough age to control their emotion. Even we've heard famous story warren buffet start his investment from very young age but we cannot generalize all kids will have the same mentality, most kids are not mentally stable, they are stubborn and will do anything to get what they want, and it's' very dangerous in cryptocurrency trading because the market is too rude for kids. So it's better to introduce what is trading is, how it done, and give them a practice account before we give them the real money to trade or invest. |
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Some people refuse to take profits when their coins and tokens are surging so high.
Because greed let people keep on waiting for higher and higher value for there coins and end up selling at dip.
Since price can’t go up all the time.
Deciding for not selling it when the price is high and planning to hold it longer is not always agreedy mindset, there are a lot of rich people who got rich by holding their investment assets for a long time like 20 years so they will make a high return. So for long time investors it is usual as long as they don't buy a "trash" coins / tokens. I'm sure people who planned to hold a coin for a long time knows the coin that they hold are worth much in the future |
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Maybe it couldn't be said as safe assets or investment but cryptocurrency is. In terms of security the security of crypto wallet is really high as long as we use it well and don't do anything dangerous on the internet.
In terms of price, i think bitcoin or other cryptocurrency is not that safe but it's the most interesting and promising investment instrument if we saw the price history and i'm sure there many people investing in cryptocurrency just because seeing the growth of the price.
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We can't deny that many rich people are getting rich by controlling fiat money or dollars that they could produce anytime, bitcoin spreading all around the world and getting it's hype should be threaten for them, probably the people who burn the ATM is not their own will but people ask them to do it.
As a crypto supporter we should keep being positive about anything happen with cryptocurrency and keep fighting with them who don't agree with cryptocurrency because they can no more controlling money if crypto is used worldwide
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My guide to Hodl: Invest only that much money, which you are ready to lose. So you don't need to keep checking prices every hour nor will you make sudden rash decisions. One thing that's helped me is, if there are dips and it's stressing you out, just put down your phone or turn off that computer and go enjoy your life. Your coins will be there tomorrow.
And also with current market condition we also have to always secure our investment by placing stop loss because there are many coins dropped really dip and it will take years to recover to it's all time high price, if we don't place stop loss in our investment it will be a bad decision for us. Or make sure we already have buy a really good fundamental coins if we are planning to not looking at the market for a long time. |
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If the price of bitcoin increasing, doesn't it mean the price range of bitcoin will be wider and ofcourse the volatily is increasing also because there are many people could buy and sell and the amount of people who investing are gaining massive numbers.
So i think the volatility will increasing over time, more over in cryptocurrency there so much fake news that could make the market movement is so agile i'm sure the volatility in terms of price will be much higher in the future
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There many coins that has 100%+ growth in short time but he volume is not high as SOL so the hype is not big as SOL price growth.
Solana platform may people said it was just same like ETH and will be ETH killer, but i don't think so because ETH was having this concept years ago and solana is just made it recently. And we don't know what ETH will be making in the future with ETH 2.0, there must be something big behind that being developed by their team to make ETH much more valueable in the future.
So i think it won't replace ETH let alone bitcoin
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I am new to bitcoin and come from a third world country. One of my friend told me a company came telling all to invest 150 USD in an scheme and then they can earn daily about 6-7 USD regularly by watching ads for the rest of their life. My friend earned 6-7 USD everyday by watching an ad of 8 minutes. He got paid instantly and also told me about the Binance mobile app. This worked for almost 1.5 months. Then the company disappeared. Those who invested lately couldnt get their money. I want to know how this process works. How is this related to bitcoin and how can one earn just by watching ads ?
This kind of scam was hype back in 2017-2018 era, there are a lot of lending platform which give you around 1-5% a day without doing anything. Called ponzi scheme which your money will fund another people registered after you, and when they already have a lot customers and the money pool is already big, they disappear. I saw there are still many ponzi platform that giving a lot of return in short time nowdays this year, and it must be ponzi and could bring your money anytime, but for several lucky people if they join it at the right time, they could be get much profit also. |
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Google playstore have their own terms of services for uploading apps to their playstore. If the apps indicated to be stealing people data those apps will be taken down by them.
I have experienced that my developed apps been in playstore for 1 month and then get removed because in my apps there is an engine to track people device UUID in purpose of cheating preventing because that was an apps for employee's present.
So i think it's not about the crypto the google remove them, it's caused those apps break the rule of google playstore itself
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meh...rtx 3060 laptop is the best at this current price for hybrid mining and consume only 80w when mining, compared you buying card as same price
except you want build mining rigs, hardly to find gpu at decent price
Rtx 3060 laptop is the best budget VGA right now but it's for daily use or gaming use. Using laptop GPU for mining is very risky because the cooler of the laptop can't handle all time 100% performance from it's GPU. So it will break the GPU under 1 year use. Many people use AMD for mining purpose but the price is not decent till right now but already decreasing if we compared it to months ago |
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I just a video game thayt players can earn NFT tokens and somehow get a lot of interest in playing while earning. The NFT token was axie. I thougt it was some kind of joke literally players earn to it. Somehow if one try to join in the game then at least player must have bought NFT tokens and this is why they got a good market for their tokens because many are wanting to earn at the same time playing in a game. However, as the other user that says that the game will becoming boring as the time you played more.
I saw that axie is always changing the playstyle and changing the way how the people could earn money from it. This is quite bothering me and make me worried that one day the system will inflict a bad experience to the user more over from the earning system. So i started to try more NFT games right now to find out which fit the best for me |
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