just accumulate some of the newest coins like aptos and some L2 coins you're already set, the thing with bearish is that majority of coins are having too low of a value that your every investments in quite prospective project might turn great if you're patient enough until next bullruns finally comes in, for long term investment it's always full of opportunities. other than that, accumulating bitcoin and eth might be good idea eitherway.
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I think i will still put my trust in BUSD, after all binance has been disclosing their reserve for if things goes south, certainly BUSD should be their concern if anything happening, meanwhile people are free to make their decision, because if even BUSD with their disclosed reserve are considered untrusted, what's gonna be happening to the other stablecoin they certainly will also lose trust of many. but indeed, binance move is like fudding for their own coin, ridiculous.
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of course we don't know for sure but bitcoin is like trendsetter, after all it's the first cryptocurrency ever so it's only normal if the altcoins in general still considers it as the bane of cryptocurrency basically if it got any movements other coin will also follow, if it falls then the other falls, it's not going to happen the other way unless there's coin with dominance equally as big.
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It is important for yourself to understand that the risk in trading is justified. If this is not justified, is it worth continuing to work in this industry?
justified only if there's no manipulation going and you could still make profits, sometimes it's just individual vs whales, same in stock market. if you think trading is still quite good and you could still make profits that's totally fine, after all everyone have their own way of making money. but sometimes some people aren't really trading they are betting.
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Actually, borrowing money for Bitcoin investment and other businesses is the same. Both have risks and no guarantee for profits.
I wouldn't say it's quite the same, with bitcoin investments you could literally got your investments reduced because the trend is bearish, with business at least you'd have the flexibility of managing the structure and how you're doing business, sometimes investing for investments always depends on luck too, just imagine the interest is rising meanwhile your investments are down, moreover you'd have constrained with paying monthly meanwhile your investments might require you year long holding.
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I'd definitely learn about all the knowledge first before trying because honestly with trading most of the time newbies are wasting their money by doing some haste decision it's more like a bet. meanwhile, they could easily use demo accounts available in many exchange just for educational purposes, but honestly there's not so much you could do even if you were to start over because the results always depends on your decision making, it's not like if you given second chance you'd make some significant difference, the results will basically the same.
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I always considers renting waste of money, I mean even though it might be more economically efficient if calculated but you still never gonna own anything at the end of the day you're quite literally just become the workers of the landlord, meanwhile if you decided to buy a house you'd eventually get something in return and it could rise in value, with renting all the money you just spent just lost like that, moreover it just feels good when you eventually gonna reach the point where you could live in a place without paying, meanwhile the other people that rents still got to think about how to make their ends meet in next month you're just lifting off some serious burden when that time comes. also it could also motivates you to earn more.
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it actually depends highly at the income that you might get, being employee is fine if you're paid enough to have some money left for investments then you can slowly build your future there. being businessman isn't always easy as it might seem, there's always chance that at some point you will face the brink of bankruptcy and than really suck the health of your body. therefore both are fine as long as they are sufficient in fulfilling your basic needs and still gives you life that you wanted, even though being employee might be really boring.
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always allocate investment in new coins smaller than your investments in high ranked, reputed coins like btc and ethereum, it's simply basic risk management that despite the fact that your saying is true, still 90% of altcoins could be losing their value easily. even though it always comes back again with your capabilities of choosing best project out there. you just couldn't always accurate in your investment so it's better to be safe than sorry, after all even coins like bitcoin and ethereum isn't lacking ROI as long as you have the sufficient capitals to invest in them.
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AI was such trend nowadays but the thing is I've seen none of the AI that's in cryptocurrencies actually worthy enough for investments, it's never the groundbreaking AI like the one openAI has, even the use case is always confusing to understand, I'd say until there's AI that is actually useful just like the ones that openAI has then it will never brings in the price increase, moreover the fact that openAI will eventually charge for their AI should be great chances for AI based cryptocurrencies.
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don't you see how much shiba supply there is and just imagine if it's worth $1 how much money to push it to that price you better wake up from your sleep go to work and just buy more shiba
yes the total supply make it seems like some people that think it would reach $1 seems like they are delusional, honestly there's always chance of reaching that high of value but of course it's gonna takes up tremendous effort, even doge that has all the supports from one of the richest man in the world added with large communities couldn't even reach that market capitalization.
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it's the same case with low market capitalization stocks it's all fluctuation that makes majority interested and also the fact that new alts haven't yet reached its peak potential or even there's still many potential left is the thing that attracts many to invests. even if there's also bigger chance of just losing since alts that succeed will definitely amounts lesser to those that failed but regardless they still consider it chance of generating good returns.
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I'd only believe shiba could ever reach $1 only if they could somehow decrease their supplies and just left 20% of its current supply, honestly it doesn't matter how good the meme coins are if the supplies and price is rather unrealistic it would never ever reach that mark. moreover there's also chance that other meme coins might take over shiba inu in the future so I'd say the chance is slim that it could ever reach that mark.
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You can told shiba community to burn their shiba into the to the default address. that being said that you shall decrease the total supply of shiba inu until it will be only having 1 billions. You will be seeing shiba inu will able to worth $1. It's a bad project to invest right now. What you have been writing above was totally non sense prediction. Did you expect shiba to go to the $1? lol why don't you pump it with your money to make it happen? Even people with common sense can think about that easily. think about that use your sense.
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according to many statements it seemed that this platform wasn't good enough to held an IEO, even I do rarely heard IEO coming from this platform despite knowing that this platform exists for long, back then when the IEO trend was fire, I recalled some various exchanges offering IEO for the sake of trend ended up becoming some shit coins, so If you really want safe investments in IEO I guess Binance and similar famous platform still good choice.
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don't worry about investing in Ethereum, because Ethereum is a crypto currency project that is fundamentally very strong, moreover their CEO Vilatik is a very successful and genius person for developing Ethereum projects in the future, I'm sure in the future Ethereum will be more than $ 10000 , so don't be afraid to invest in Ethereum.
as much as I favour ethereum over the other alts in general for investments vitalik as the CEO doesn't have that much influence and relevancy towards ethereum, ethereum become such good investments because it was the first smart contract blockchain ever, so I guess vitalik has no relevancy in this regard but yes, investing in eth is good decision.
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I guess it's just way of diversifying investments all the while also increasing the potential rewards it could get after all altcoins always offer tremendous returns than the other coin in the same period of investing. the thing is, some people get carried away with the huge returns that they get from some random alts and even shitcoins that they starting betting on it instead of investing and that causes them to go bankrupt, never do such mistake.
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it just doesn't matter how much ethereum killer are made they'd never gain success. the ethereum killer in the past we know like EOS and etc are just temporarily gaining fame and then fades, meanwhile ethereum still standing strong, eventually I guess the newer ethereum killer will also have the same fate. these so called ethereum killer should just learn in becoming good blockchain instead, then fame will also comes along the way.
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if you one long term investment just pick ethereum it's no brainer. there has been history of smart contract alts changing its position quite frequently like eos and the likes in the former days, this could be well happened towards ada therefore if you want to be safe for long term holding then just pick ethereum. but if you're hoping of creating massive returns then I guess ada could be alternative even though there are many similar coins out there honestly.
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