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Current market movements are inversely proportional to the market movements in last year's rise. true you feel. in the last year when bitcoin pumps all altcoins followed it. with a short time lag. but on this day everything fell apart. when altcoin tries to rise, Bitcoin makes a small increase and again destroys altcoin bull run. and when Bitcoin makes a fast break for falling prices, altcoin follows it.
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yeah, look at the old altcoin chart that broke the falling price pattern, and made a new price pattern. that is an ascending pattern. I think the same as you. bear market is over. and altcoin is preparing for a bull run. so this time is right to buy altcoin and hold it to make big profits in the coming weeks. choose the best altcoin to make big profits.
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if bitcoin rises now, all altcoins will fall. because until now I see when bitcoin pumps, altcoin falls, when bitcoin falls, altcoin also falls. and when Bitcoin is stable, that's when altcoin gets up and rises high. that's what I analyzed after the increase from 2016 to the present. and very different in 2014-2015.
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As the market becomes more saturated more users are turning towards the top two crypto coins and those who had already invested into other altcoins have starting shifting their funds towards Bitcoin and Ethereum as other altcoins have failed to capitalize the market. If this continues then how will altcoin survive? is it just the matter of time or something which altcoins need to work on by working on the missing link.
when altcoin has lost trading volume and has no updates in the short term. then I say it is a failure and become a scam. because every day a new altcoin is born. while the old altcoin is very difficult to survive. it's not like a few years ago. when altcoin is able to last for a long time. the only option to stay in trade is to move on coins that have the top 10 trading volume. so that it can continue trading when the market is saturated. altcoin is currently no longer a good investment. most are pumping, dumping, and leaving. |
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if you have received honest and basic answers, will you invest in bitcoin? most have said that Bitcoin will continue to work in the next ten years. learn about bitcoin then you will understand how long bitcoin will continue to work. because the development of the blockchain is still in its initial stages. and Bitcoin is still the single best decentralized coin. and in my opinion will still be the best.
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the only best option to increase your bitcoin safely and without risk is to buy and hold it. because if you want to increase your bitcoin through trading, the risk of loss (bitcoin decreases) is with it. through the faucet. risk is a very long time. look for airdrop. risk is a scam. through a 90% investment is HYIP but the second best option from me is through airdrop, it doesn't matter if it's a scam. because there is no capital money to get it.
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actually there is nothing wrong with your explanation. because you have seen the concept of building the coin. but back to the first introduction. Bitcoin is generally introduced as a currency. and Money is mostly to make a quantity of an item or to the currency itself. from some project developers, some who succeed only in the financial circle (currency, wallet, currency market, etc.) while those who want to develop on real projects, such as cargo, real estate, automotive, etc. it is very difficult to get support. so the essence of blockchain is about money. and I use crypto as a currency (trading and purchasing items.)
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well in my opinion is also very strange. they make ethereum, but it's not designed for scalability. maybe at first they only made coin variants for the blockchain. but the longer it was developed, ethereum has a large support in the crypto industry. especially on the smart contract. it is proven that there are several coins that follow the concept. so ethereum becomes one part of the blockchain that has a big role.
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that assumption is from individuals. Until now there are still many governments that do not know Bitcoin. or they know bitcoin, but it's not legal. Personally, I consider bitcoin to be digital gold. because the concepts and properties are mostly the same as gold. bitcoin gold mined in mines, gold has a limited stock. bitcoin is also the same. rather than currency, I prefer Gold. I just think when the USD is replaced by gold / digital gold, then the equality of each country I think will be the same.
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I just saw from the chart pattern. and Bitcoin has broken the pattern of falling prices. and has made a new pattern of ascension. I think the rise in the price of bitcoin is from various good news about bitcoin. and many companies have started to adopt bitcoin for transactions. ahead of halving bitcoin, all price movements showed a good increase. This will be like halving before, but the price increase becomes earlier.
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I'm just thinking about it guys. but I haven't given my family an understanding of bitcoin, how to generate and access withdrawals. You are very right, that is important. because sharing bitcoin access with family is good. to be useful for us and our family. maybe I will immediately teach it to my wife, so that one day if something happens to me (hope it does not happen) my wife can access and use it. thanks for reminding me guys.
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no guys, Ethereum is still good. You must know and remember. if bitcoin is a pioneer of blockchain. So ETHEREUM is a pioneer of the concept of smart contracts. Binance is just an imitation of Ethereum. but in a more perfect form ... basically I am still impressed with ethereum because it provides a unique and useful concept for other developers. and binance also does that. in my opinion most of the developers migrating to the binance chain are utilizing binary fame. because currently binance is becoming the number 1 facility in their market. rest assured, binance will still run under ethereum.
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now only need to wait for bitcoin to return bull, and ETH and other altcoins will follow behind it. $ 1,000 is very easy for Ethereum. I think it will be more, $ 2000- $ 2500, when bitcoin has made a bull run like in 2017. the surge is very high. XRP, LTC, STR, etc. will also follow and become more expensive than the price at the end of 2017 when the bull run occurred. and I have collected ethereum at this time.
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now ICO has begun to be forgotten. because it no longer provides a good future for investors and project developers. yes, one reason is that too many coin projects are born. thus damaging the blockchain ecosystem which has the aim of making a better economy and transaction. You are right the decentralized system is not centralized. so that all security is in ourselves. ICO has now replaced IEO to create new support through large exchanges. but that does not guarantee the project will become a scam. choose the best project to invest in blockchain. so as not to fall on the ICO scam and other traps.
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Back in the day, Vitalik once said that crypto will be going to zero. There has been many concerns about the longevity of cryptocurrency as a serious form of money, given that it's relatively unstable within the mainstream world. It's been 10 years since Bitcoin was created where crypto has had its ups and downs. However, many are afraid that crypto will be going to zero as the blockchain hype ends and governments start rolling their own digital currencies. When we take a look at most cryptocurrencies on the market, most of them aren't even useful at all. Perhaps, the only one is Bitcoin but it's terrible as a currency for daily transactions. Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts?  now one of the world's currencies has been replaced. i.e., USD has been replaced by USDT. and i saw this. but most of altcoin still works. maybe if one day every country has a currency of crypto. then the real currency will be zero. because all transactions have been done through the internet. the only altcoin that has no value right now is when the developer has stopped progressing. I personally still believe that crypto will still have value in the future. |
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like the title in your post. "nothing new" no tokens or coins have a unique and different concept. most are the same. and the rest is only a pump and dump concept.
so far I have only been impressed with Bitcoin, Ethereum, and several other altcoins. especially bitcoin which is a pioneer in the blockchain crypto world.
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crypto is self security. because the crypto system is not centralized. so what management does crypto owners have. when crypto is removed from your wallet, then 90% no responsibility. maybe you're right, crypto is a paradise for scammers. but self-control will kill all that. too many fake websites, so we have to be careful. when your crypto is released, it can't be returned. so you have to understand the concept of decentralization.
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A lot of discussions on forum are all about "what coin should I buy? Why?"
Here's the opposite - I want to ask what alts you would never buy and why so.
My example:
Never buy BTT, Tron, Stellar and other coins where the tokens are giving away with all kinds of airdrops. Why? Emission grows with no influx of investors.
Doubting about Peercoin. Hybrid emission system doesn't seem reliable too, though lately PPC began spreading itself via well-known exchanges (changheangel or changelly - don't remember).
+ Libra. Not sure if any explanation needed.
I analyze the CMC volume and the future progress of coins or tokens. but most of my reasons are because coins lose value. so i didn't buy that. like tokens today, I have no desire to buy and hold long-term. like BTT, STQ, etc. because I've suffered a lot of losses from coins that are pump and dump. no future progress and only making junk coins. but for old coins, I'm still 50:50 like Stellar, Xrp, Doge, Dgb, etc. |
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Yepp, I agree with you. because I also hold several altcoins whose prices are starting to rise. after a lot of falling prices. I think some altcoins have broken the falling price patterns. and start making new hike patterns. I really hope that altcoin returns to the initial price and makes more price increases.
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Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.
1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.
2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.
i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.
actually there are two analyzes in crypto trading (including forex), namely technical and fundamental analysis, but read your posts. that includes 70% is technical analysis. You are right, if someone asks about starting a trade. self control is the main. including making profit and loss targets. time to trade, patience, and without emotion. the limit in technical analysis is looking at price reversals. and must carefully analyze the graph. if you rely on it, beginners must really be patient without emotion. to make a profit. |
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