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Trading becomes one of the most prominent professions nowadays. And considering pandemic more users are trying it blindly. But it is not as easy way to gain success in trading in cryptos.
Signals and indicators are just supportive materials for making trading better and even more sophisticated, but it needs more attention with vast experience and determination with the right actions. Major indicators are used for trading are lagging, even few are useful for forecasting, but most of the time traders can't depend on them even can fail to comply with them.
So my honest opinion never depends on signals, rather make an in-depth analysis of the market with trends, volume, and conditions. This will definitely help to sustain in the market in any condition.
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Really admirable step towards the upcoming future of the Crypto world. These are not only admirable but also appreciable steps and every country must have to follow them.
Nowadays banks are taking it for granted as digital assets in many countries, but soon it will become mainstream for payment or mode of exchange for goods and services in many countries as more and more users are getting into the digital economy.
Adoption of such an innovative and revolutionary concept is a bit harder for many countries, but as we all know Bitcoin is completely decentralized, no one control it. It is an open-source, transparent, and peer-to-peer network that keeps a record on the ledger for every transaction made within the network. Along with no one control Bitcoins price.
So in such specific conditions, no country or government has control over Bitcoins production, No control over Bitcoins distribution, even no control over its price volatility so, how can any government make law for it.
Better to adopt it and make the legal framework for taxation is the only way for many countries to regulate it.
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To date, since Bitcoins were introduced to the globe, it has already proved its own existence. So future exchange value of Bitcoin against fiat will be definitely much higher than the current price.
Basically many factors affect the price of Bitcoin in the global crypto market. But major factors are its own supply and demand. Already Bitcoin has a 954.49B+ and it is increased exponentially since from last few years. Considering this growth in the price including its userbase is increasing timely.
Nowadays many new users are also getting involved lately in the crypto world. This will definitely sky rocket Bitcoin's price in the coming future.
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Lesser supply, higher price.
Yes But still need to calculate the dominance of Bitcoins in the total market with a single currency BTC. Because Bitcoin(BTC) is the prime/master currency among the crypto market, hence investments in other altcoins excluding independent Bitcoin market cap is already huge. And remaining is an independent asset is available for trading along with holding. And while most of us are holding it, there's now actual lesser supply in the economy. There goes the institutions that are saving for themselves and buying as many as they can.
This could take bitcoins price to unexpected heights. To date, no governments have a clear vision towards bitcoin implementation in day-to-day use. But in the future, it will definitely be necessary. Get to hold and accumulate while we still can. There goes the halving within the next 3 years and the harder the mining difficulty and lesser in reward, the greater price would be in valuation.
Reducing supply according to time is a great protocol integrated by Satoshi Nakamoto considering future supply, and demand. |
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#Proof of Registration Bitcointalk name: Digitalbitcoin Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=449709Telegram user name:@cry_pto Camping: Article, Facebook, Linkedin, Twitter, Instagram & Telegram Bep20 wallet address: 0xaB33C0559B02A9DCd8115D2230F7141d9c5728d6 |
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While imaging the future of the crypto world, many things must have to be considered for certain or specific coins or tokens. First of independent chain tokens.
BNB is a great example of it. So for upcoming trends, focus majorly on Individual Blockchain tokens. Investing in such tokens, for example Polygon(MATIC), Fantom(FTM), Heco(HT), Thunder Token(TT), etc.
Along with Chain, kindly keep the focus on DEX Tokens, such as CAKE for Pancakeswap, BSW for Biswap, 1INCH for 1Inch DEX, etc.
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In the current cryptocurrency world, there are many ways to receive higher returns on your hard-earned money by investing.
In the early years of crypto adoption, there were very few ways to get returns such as mining, staking with PoS, and trading.
But as time is changing, the crypto world is also creating innovative and revolutionary ways to get higher APY and APR for your investment. AMM, Minting, Swapping, Staking, Liquidity pool Mining, and Yield Farming are the latest trend in crypto. NFT and Defi is a new level of investment for the upcoming future.
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Dear All, I m new to Bitcointalk forum as a member but I was referring it since more than a year for many topics   . Finally I thought It is a good time to connect with here as a member  . I want to know how do we earn merits  ? What should I do? What are the limitations of Bitcointalk forum ? Highly appreciate your replies here.  Merits are basically rewarded numbers offer to independent forum users for their contribution towards the forum to enhance the value, information, and knowledge of other users. Merits can be received by contributing to the forum by own experience and knowledge. It completely depends on the community, how they take it for granted and offers Merit for information published on the forum. Knowledge of any specific stream, including years of experience, can be easily identified by content published on the forum. Great understanding and great explanatory content are always great. It gives higher values to other users of the forum. Collected merits always show the user's credibility towards forum contribution. |
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#PROOF OF REGISTRATION Forum Username: Digitalbitcoin Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=449709Telegram Username: @cry_pto Participated in: Blog, Twitter, Facebook, Telegram Binance Smart Chain Wallet Address: 0xaB33C0559B02A9DCd8115D2230F7141d9c5728d6 |
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I have been reading up on some interest accounts out there for BTC and Altcoins and the yields are really good especially when benchmarked against fdic insured fiat.
What’s your take on this? Is this a good or bad idea?
Bitcoin is the prime/master currency of the crypto market. So always stay safe while dealing with Bitcoin transactions. But if looking for yield or interest on Bitcoin, then it is not that convenient or profitable solution to date. Rather than swapping Bitcoin to other chain tokens, majorly Ethereum chain tokens can give some sort of boost on earning. Currently, Yield farming, LP Mining, Staking, Minting are majorly supported Ethereum Chain including forks and Layered Solutions such as Binance Smart Chain, Polygon, Fantom etc. Investing in new projects including ICO, and IDO can also give profit in a short duration, but require patience. |
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