the all time low in 2022 was $17000, and today Bitcoin is trading at a price below $20000 again, to be precise in the $18000-$19000 range, of course there will still be another dump if negative sentiment comes again, we have to be careful, my advice if want to buy Bitcoin and Altcoin, just wait for confirmation, maybe early October
This is the best time to buy any cryptocurrency that you want to buy because bitcoin itself have the tendency of corrections anytime, so we don't have to wait until the time comes concerning Bitcoin, i believe that bitcoin is something that i believe that can be easily be invest on and have very big return or profit, if we experience a bullish market, so the price of bitcoins in 2022 never increase to our expectation, which i believe that. So since the price is in state of downstream, it's the time to purchase more and invest.
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Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?
What i will encourage you is that to get your Bitcoin and hold since the price is stable in the market. And since the market of Bitcoin is fluctuating, i believe that Bitcoin have its own of propaganda, investing on it doesn't require much thing or deal, because i believe that Bitcoin have its way of increment. Just think of the future of Bitcoin and invest on it. That's my advice for you.
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I just want to respond according to the subject sentence. Actually bitcoin does not have any ending and also infinity point of values. Bitcoin is continuous currency that it's value does not have end. Because from my understanding over bitcoin it has fallen so many times and rose again. So it's evidence to show that despite the state of Bitcoin level of degradation in value, it's will still rise again.
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And this is what makes things even more harder to predict and making out such decisions since you wont really know on what would happen next.If you do stick out on that casual observation and fundamentals then you could say that LUNA is shit considering its past then it is really that safe to presume that you shouldnt touch it but after some time you would boggle up your mind on why the heck it is really increasing its value? As long there's a community whom do really tend to buy and support LUNA then there's always a chance for those kind of increases. Actually it's very obvious that so many products have supporter, and it's quite understood, but in this scenario we are emphasising on the prediction aspect of them. Sometimes some people up with framed information concerning any project, and after they hype in that particular project via prediction and after invested in such projects you began to experience negative reactions of the coin in the market. So i know vividly that every have the chance of increasing at any point in time depending on their supporters
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[<...>] I agree about what you said and especially bitcoin price, the tools and websites i mentioned are just for helping you choose and give you a small idea in short or long term direction of many tokens and altcoins, some of the new token for example when they are just announced and many people liked the project which you will know from the website i mentioned, there is a high chance that the price will go up and you may make a good profit, but also not all the time. You need a good money management before going into any investment
From your perspective you might be right, but what I'm trying to impact on you, is that some of those site are not reliable, they are been established to get view and being paid with the views, that's while so many of them do refer people to their sites, when you check very well you notice that some of their prediction always base on new developed token. You can't see them prediction the future of a good coin that have a very good potential. Yes of course, we know that profit and Lose is necessary in any investment, but let us choose to be careful in some predictions.
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Again, no predictions were RIGHT. So, yeah you gotta believe on your own prediction and market analysis rather than the others. There were a lot of so called financial experts who's sharing their sentiments and predictions, some have believed them, but no they are always wrong eventually. After all of the shared bearish and bullish predictions on the internet, they are all after profits and they are sharing these thoughts for their all personal gains.
Actually nobody do accept general prediction, because it's very hard before can release information that will make another person to be profitable. What i do expect people to do is that they supposed to know that prediction of bitcoin price has failed us in different times, so we should believe on personal understanding of the chart we do use to observe when the price of bitcoin is increasing or falling because depending on numerous fake prediction will mislead many of us. In this market with full of uncertainties, no one is expected to hit the target or to end up with 100% certainty when it comes to price prediction. All we have are just pure guesses and speculations from our own insights or points of view. And with this very challenging bitcoin, all I can say is that whatever it’s price these days will never be the same after tomorrow. Just stay optimistic as we don’t even know what bitcoin has store for us in the next months and years. Cryptocurrency and especially bitcoin price is not constant, and some people never believe on that, what they actually know is that bitcoin is a something that when you can regulate. From my basic understanding of Bitcoin and cryptocurrency generally, the predictions of them, none of them are reliable because nobody have control over crypto, no matter how cryptocurrency is been in state of low value. We all know that the price is base on the determination of the demand and the supply.
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Predictions can be wrong, always. But what makes this prediction is to help people understand what might probably happen to the project/s. Many experts just pop up and give their opinions on a certain project. Well, it was in our discretion to believe that was close to reality or just making hype as in many cases it was used to manipulate the minds of the investors. Whether it was right or wrong but I see Solana will move high in the future due to its market potential, not because of someone who does the manipulation.
Wrong prediction do lure people who is not ready to invest a coin to invest. And again it's not good give someone a false information over something you are not sure of. So some people who predict the future of cryptocurrency even though they are an expert in trading and their prediction still backfires, sometimes they hype a bad project to influence people purchase with their fake prediction in order to make to purchase that particular project. All this are things that made to work on my chart. And if everyone is making effort to examine the chart of cryptocurrency nobody will be fooled with fake prediction.
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if you want to invest in the long term you can take it gradually and then staking for the long term year of course on the best and famous altcoins, I think XRP and BNB are also quite good choices, it never hurts to take the moment now when the market is bear
Staking of a coin, it's good to know the coin potentiality before some venture into staking, as you portray it's quite right, should Incase a newbie want to venture into long term investment via bitcoin, i believe that long term investment needs a coins that have value so that it won't varnish on the process of investment. We have so many altcoins that are made of good values.
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For now, the bear market is still haunting the crypto market and seems to have not recovered, because in the cryptocurrency world no one knows which crypto will be the choice and good in the future because it is an unknown mystery. So do your best for your own choice, if you make a choice from someone else you will definitely regret it if you have a loss.
That's a good advice, because cryptocurrency have branches and sub branches, so investing in any of them, you most ensure that crypto project you are about to venture at, have a good record and potential before you can as well purchase any cryptocurrency both for long term investment and short term investment. I believe that because i know that no investment of cryptocurrency can be regrettable when you make your research very well before venturing into it.
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I don't believe in so many predictions concerning cryptocurrency, because I know that the genesis of cryptocurrency rising up and going down it's determine by the bitcoin, if the price of any altcoins should skyrocket it's for the detriment of the people who invest on it. I believe that it's the people who is projecting the project are respond of it's acceleration. Solana is a good project, and it's can be possible for it to easily have a good support.
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Actually I will applaud you for your research and the understanding toward the platforms you introduce to bring people up via prediction of cryptocurrency. But I stand to let you know that prediction of Bitcoin or the prediction of cryptocurrency cannot be accurate through all those site you mention because I know that before now many people has made a research and also some of the such information which I will assume that it should be some places where some people get the option of their prediction, and that's the point all their prediction falls so no of the site is authentic in cryptocurrency predictions.
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Am I missing something in the market news? I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now. Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$. Were is the pump actually heading to, should I take profit now or hold? Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.
Based on the relative of cryptocurrency in the market right now nobody can't stand a chance to correct all predict the next movement or the market, because I believe that the market is rotational so they are for I will advise you to take off your property and remain your capital, because no one most the next move of it if there will be a fall or not, as a beginner you don't have to take much risk.
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From my perspective I don't really know the altcoins that will not survive the bearish market, from my experience it depends on the the potentiality all the coin that will determine it's survival in the bearish market, because when we make a direct guess of the altcoins that can survive the bearish market I believe that it is exaggeration or assumptions.
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Any price can be the bottom. It does not need much to cause mass panic or make some announcements to move Bitcoin price to any direction. Recently we have touched $18.4k and bounced back. Some might think that $18k is the bottom, as Bitcoin has already bounced twice from that level. But the same ideas were used when the price was $40k, $30k, $30k. People just like round and beautiful numbers, but the price lives its own life.
some people misquote the bottom of Bitcoin value because they don't know exactly what bottom of Bitcoin is all about, expecting when the bottom will come before investing, in think theirs no cogent reason behind that, because at any stage of bitcoin it's the bottom, but some taught that bottom is all about when bitcoin to the extent of below twenty thousand (20k) and also reach to the value of ten thousand (10k)
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I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.
The thing in trading is that you most know the foundation before adventuring into it, in exception of that you will end up directly in losing your funds. Before you can make a profit in trading you most have understand the pathways of trading first, because without knowing the basic concept. So whoever that doesn't secure the knowledge of trading will not in any means make Profit or Gain in trading.
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So I saw some people discussing ETH/BTC ratio and I don't understand why this is important. (Or any other ratio where two coins are compared. ) So what does it tell you? Why some people look at it.
Every one is making analysis base on what they understand or experience in Ethereum during this Bear market that's while some people is emphasizing directly or indirectly to this particular comparison between bitcoin and ethereum, it's very obvious that Bitcoin have a higher potential than Ethereum and the volatility of Bitcoin in the market is higher than Ethereum.
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I need some thoughts about this group I've joined a week a go. They are giving free signals for trading and I actually start earning since day 1. Are there really group like this? or Am I on the right trading group. We trade in Batex anf U-koala.
If you are earning from the signals giving to you in a group, that is a good one but do not rely on it because sometimes nothing goes free. Try to find out how real it is. Maybe this group which you belong to they are using this strategy to capture people into their group. Do not rely on what you get from them try as much to get more strategist on your own. It's not a group someone will depend on via signal, actually some of the group do try on their own to give a nice signal and helped some traders, but the issue is that to get a credible signal group because it's not the group that called theirs self a signal giving organisation a group. Because i know vividly that some of them are scam group which they not givenyou as investor a proper information or signal rather give you a signal of newly launched token to invest on, let us be extremely careful with some of the group
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I think that it will be barely for someone to understand exactly what you are saying because their is no backups in the exact statement or what you agitating. Any accusation been present do cover with a prove some that when discussing you will no exactly your a point to portray. Only thing i will advice op is to put link to back it's accusation up.
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So tagging someone's account with neutral seems like a good compliment to you right? It's a defamation of account and that's a bad reputation to the affected users. No one will care if they really produce low quality posts as he claimed.
It's not seems like good but the thing is that since you have being a negative tag and it confirmed that the negative have to be changed to neutral, he will do so by turning it neutral. Given someone neutral stand as a warning by telling the user that is about to do or what is doing is absolutely wrong, so that's the essence of neutral tags as a reminder.
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not sure if ethereum can cover the shortcomings of bitcoin because the merge is only completed in a few days. we will know the results after a few months or years maybe, if this goes well, bitcoin as a POW mining will lose competitiveness with ethereum POS. I think the purpose of ethereum is to compete with bitcoin by merging them.
The purpose of any coin is to compete with bitcoin, let us not be emphasising on one side and base directly to all the coins, Bitcoin are the first to be projected but what I'm seeing is that other coins is trying to rise against bitcoin productivity, but whatever Ethereum productivity, it can't make well than bitcoin.
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