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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [Public Sale at Sovryn] Babel Fish | Money Protocol on: July 09, 2021, 01:51:12 AM
Is there any new update on the token sale..? Some teams are starting their process as the market is relatively stable and we might see a good turnout here as the hype for Babel Fish is good.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: another bullrun before 2021 ends on: June 22, 2021, 05:09:30 PM
Even in the harsh dumping, we are seeing so many investments and buyers for BTC. It has pumped more than $4k in 2-3 hours and currently at a $32500 price range. We are also seeing the news that the miners have moved from China to Kazakhstan overnight and hopefully, they will get the necessary support there.
3  Economy / Trading Discussion / Re: Who is selling? on: June 22, 2021, 03:07:21 PM
Looking at the market fluctuations, it clearly shows that this is panic selling and nothing else. There are too many investors and newbie investors who have bought when the price was high and I don't think they are able to withhold the pressure and selling their holdings wherever possible. We are also seeing that the diamond hands like Michel Saylor, etc are buying this dip heavily, I mean buying 13k Bitcoins is not a small thing.
4  Bitcoin / Bitcoin Discussion / Re: Hodl is not the best option as it seems on: June 22, 2021, 11:33:36 AM
If you are talking about Bitcoin then Hodling is the best option, if you are talking about other altcoins then Trading will be the best option. You cant hold alts for long blindly and hope that you will have profit. On the other hand, Bitcoin is to be held for long, doesn't matter at what price you have bought. It will go up eventually and hopefully made legal tender in many countries.
5  Bitcoin / Bitcoin Discussion / Re: Can we get another golden oppurtunity to buy? on: June 21, 2021, 05:25:50 PM
There are many FUDs going on right now and even after we see so many institutional investors buying crypto, the market sentiment is still bearish. This implies that there will be another golden opportunity for people to get into Bitcoin before we go beyond the previous all-time high. 100k$ is still possible because holding bitcoin below certain supports is highly unlikely now.
6  Economy / Trading Discussion / Re: How do you know when to sell? on: June 21, 2021, 03:04:03 PM
The time now became so bad for alts that I have sold many of my alts at break even. I had bought many alts with BTC and even though the price of alts has increased in USDT, they have performed poorly with respect to BTC. I sold many of my coins at break-even just to regain my positions in BTC. So you never know when to sell. There are some coins which I sold at 25% profit and I would say that's a comfortable price.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin To Buy Now? on: June 21, 2021, 01:58:40 PM
I have bought OKB 2-3 days ago, thinking that usually, it bounces back from the 12.8$ price. But this time it dropped below that support and it looks like there is no stronger support below. I guess am stuck with it now until it gets back above 13$. I have made some profits previously by trading it on that support and 15$ resistance but this time I got stuck. Am looking at XPRT now, although the market is fluctuating, scalping will be an option to make some money.
8  Bitcoin / Bitcoin Discussion / Re: Bitcoin Dumps to $32K as China’s Bank Announced a Ban on Crypto Usage on: June 21, 2021, 01:23:03 PM
Currently, the price is hovering just above 32500$. The FUDs are getting too much these days and especially China is trying to put its miners below their feet. The has rates are going back to mid-2020 levels. In my opinion, this is actually a good thing for the BTC's future. The mining % will be less under the Chinese communist and this will also create more mining plants outside China. So this news might be a blessing in disguise for the crypto community.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Prices are low, time to buy some good coin!! on: June 21, 2021, 01:53:18 AM
I am not a fan of alts other than some top ones. So I would suggest only IOTA from your list but the prices have fallen a lot after your first post so you can buy many other top altcoins now for the mid or long term. In my opinion, ETH has the most potential right now as the update is near, we might see a sudden pump sooner or later. I would also suggest you to do some research as many of the coins have fallen more than 50% from their recent ATH, buy them if you can.
10  Economy / Speculation / Re: Abolute bottom of Bitcoin? on: June 20, 2021, 03:02:41 PM
In any case, if the BTC price falls below 30k$ then it will probably go below 20k$ for sure. There is no strong support below 30k$ but that itself is great support right now. Bulls are not able to clear the 40k$ resistance so we are just going sideways in between. I will definitely wait for BTC to break the support and will invest when we can see stronger support otherwise I am happy with my positions.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Exiting altcoins at the correct time is the best thing you can do do with them. on: June 20, 2021, 02:12:08 PM
Most of the alts from the previous Bull run are actually ZERO now. They haven't worked for months/years and now their coin won't be having any value unless they do something. Investing in altcoins is a risky business, especially those who are below the top 100 on coinmarketcap or don't have a proper community. I would suggest that if you are in a profit then exit and keep your principle mainly in USDT or BTC.
12  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can the market build an immune system against meddling from influencer like Musk on: June 20, 2021, 07:10:18 AM
Of course, once the market is shaken, these statements will not be having much impact on the people but when everything is going right, the same statements from some big shot will make investors become bears. It's more about the timing of the statement rather than the person. Most of the time the market follows the sentiment but these big shots are bound to make foolish statements in order to make profits for themselves.
13  Bitcoin / Bitcoin Discussion / Re: El Salvador to revoke Bitcoin as legal tender? on: June 20, 2021, 06:38:26 AM
Don't you think El Salvador and its president already knew that..? Do you think that the president of El Salvador thought that, he will make Bitcoin legal tender and everyone else will agree to it.? They know that the world will not agree to decentralized money in a moment. The first steps in every technological evolution were hard and it took time for others to understand it and implement it but good things have always been implemented.
14  Economy / Speculation / Re: Bitcoin to 13k. FORECAST on: June 19, 2021, 05:59:33 PM
As many of the members have speculated here, the 30k$ support is crucial as well as psychologically important. If that breaks then it will be a Dejavu situation for some holders and they are probably going to sell in order to get back in when there is a bottom. In my opinion, I don't think that BTC will break that support. The feeling is strong with Bulls and we might see a run sooner or later.
15  Alternate cryptocurrencies / Speculation (Altcoins) / Re: TRX to $1? on: June 19, 2021, 05:04:47 PM
Personally, I feel bad for TRX, the coin has a genuine usage purpose, its blockchain is user-friendly and the transactions are so cheap and fast. Still, it is struggling in the market. Whereas so many meme coins are getting pumped for no reason at all. I feel there is a partial mistake of Justin Sun also because he is not so good at promotions. Hopefully, TRX will break its resistance in the future and we will see another ATH.
16  Bitcoin / Bitcoin Discussion / Re: Jack Dorsey is now speaking up on: June 15, 2021, 06:03:16 PM
Being the CEO of both Twitter and Square, we can gladly say that Dorsey has become an avid supporter of our community. He doesn't do spammy tweets like Musk but won't hesitate to stand up for the cause.
The recent spat between him and Warren might be a good example of it. Warren was not able to reply to his arguments, looks like the politicians don't want to understand the technology.
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB reached $100 on: June 15, 2021, 05:32:44 PM
With the NFT marketplace coming up next, BNB will be trending soon. I don't know how much the marketplace will be affecting the Binance ecosystem in the long term but it definitely needs something to cheer at this moment. With all the negativity going around the BSC chain and its misuses, Binance will gladly accept any positivity from anywhere.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: BabelFish x Sovryn on: June 15, 2021, 05:07:04 PM
It will be sold out. Even in a bear market like this, BabelFish will be sold out fast, Sovryn has created such a platform that investors are already praising the developments.
Also, BabelFish's purpose is strong and unique. We need something which will always keep a balance between stable coins. I couldn't get the opportunity in the Private sale but will be trying my best to buy some in the public sale..
19  Economy / Speculation / Re: 50K on the way and I am Still Alive on: June 15, 2021, 04:32:53 PM
The situation right now for BTC does not look good, It is getting harder to have good support above the 40000$ price and the bears are taking control over most of the zones. We need a stronger volume to break this resistance and move above 50000$ price. The FUDs regarding regulations and bans shake the weak hands but I would news like El Salvador will be a ray of sunshine for the community.
20  Bitcoin / Bitcoin Discussion / Re: British Man Duped out of $282,000 in Brutal Crypto Scam on: June 15, 2021, 01:56:33 PM
The scams using crypto are hard to catch and that is the main reason why thugs have learnt to use the crypto but I have also read in the article that the scamsters had come to the victim's house. I feel that they can be tracked and arrested for this naive mistake. Usually, in countries like the UK, they have cameras everywhere so I don't think it will be hard for the police to catch these thugs. Still, the bad publicity these events give to the crypto is unbearable.
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