Definitely not shitcoins because people that invest in all those shitcoins do so because sometimes you can make some profits from them quickly too but for the real cryptocurrency investors, Bitcoin will always be the go-to crypto investment along with other Altcoins though. Bitcoin has been seen over the years why investing in it is not a waste and that will continue into the future. The first reference to investing in cryptocurrency is bitcoin. it is rare for all of us to directly invest in shitcoin, unless they are really ignorant or newbies. by choosing bitcoin, of course, they have to be patient to wait for bitcoin to raise its price again, so that the profits are obtained. This is when everyone's psychology is different, so the end result will be different too |
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people only know what bitcoin is.but they don't fully understand the nature of bitcoin itself.which is.always negative.towards.bitcoin with some pressures.that.cause bitcoin to go down.t seems.like everyone knows.that bitcoin is.not good in.their opinion.even though we don't explore what the benefits.are from bitcoin.itself
the word bitcoin is not good because many of the beginner bitcoiners lose when investing in bitcoin, during the bullrun they invest without learning what bitcoin is, so the price goes back down and they sell it for fear of losing their money, so they talk negatively about bitcoin without the learning process first |
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There are 200+ countries and territories in the world and all we need is just one country where cryptocurrency is legal. The reason is that cryptocurrency is a digital asset and it doesn't exist in physical form. So even if cryptocurrency is legal only in one country, all the exchanges, miners and other businesses can move to that country, and operate from there. Furthermore, they can serve the users in other countries from there. And even if cryptocurrency is banned in all the countries, there are certain loopholes where exchanges can operate (for example, using Dex sites based on TOR).
I totally agree with your opinion, I really believe in Cryptocurrencies and in the future maybe as you said there will be 1 country which legalize it so we can move to that country to regulate everything, and for now from 200++ countries there are many They Those who are still optimistic about Crypto include big countries in America and Europe, which I hope there will be no participating countries like China and Mexico. although china and mexico forbid it, but the evidence is that until now cryptocurrencies are growing, and I see that those who use crypto and those who leave crypto, more numbers are coming to crypto, therefore I personally don't need to worry about the future, but of course we have to choose safe coins |
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I don't think any altcoin has the possibilities of replacing bitcoin. Don't get me wrong, there are several altcoins that are improvement on the deficiencies of bitcoin and have other innovative functions. But they are no where close to bitcoin, because bitcoin is the first crypto coin and it is the major player in the crypto market.
don't think too much dear. Today, it is clear that bitcoin controls almost all the movements of altcoins. in fact, we know that bitcoin's drop from its ATH a few months ago really made a lot of altcoin dump hard. right now, even ETH, or even BNB, can't replace bitcoin. I think this will continue to happen in the very long term. bitcoin is the parent of cryptocurrencies, even bitcoin as a parameter to analyze other altcoins. therefore I don't think bitcoin can be replaced by any altcoin. from its inception until now, most altcoins have moved as if following bitcoin, when the price fell, most altcoins also followed suit. |
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In my opinion TRON still has the opportunity to compete with other altcoins, the proof is that TRON is still very stable at this time even though the correction is still ongoing, I am sure that after the correction is complete, this altcoin price will skyrocket again, because TRON is an altcoin that has the potential for long-term investment,
The market is doing very well as TRON is new and traders are opting for TRON for the exchange as the amount of fee for the transaction is less here. Although tron competes with other altcoins ETH will be on top it is easy to make a profit by investing without being stable. right, it seems that tron will always be used because it has a low fee in transactions. especially for small traders, this facility is very helpful for them so that their transactions are not reduced much for fees. if this facility is maintained then it is not impossible that tron will remain in the top ranking of coinmarketcap |
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This year we can already see the crypto world again record a new history because the value of bitcoin and ethreum has reached a new ATH so many investors have already made a big profit because in the previous year they kept a lot of bitcoin and ethreum, although for now the price is back down but this is our chance to buy potential coins.
right, this time many people are increasingly believing in buying eth and bitcoin, because bitcoin can rise from the $3500 price range, even reaching a fantastic new ath. with so many people already talking about the bitcoin bubble, what exists is the volatile nature of cryptocurrencies, a lot of people don't want to be left behind this time, and we can see their prices bounce back today |
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I believe the top three we have right now are in it for the long haul and they will probably stay that way for a long time as well. I am not saying that it will be guaranteed thing, but they do look like they are not going to end up losing anything that easily neither. Just think of it like fastest cars in a race, doesn't mean that they will win the race, but it means they have the biggest chance to win it unless there is a crash somewhere along the way.
At the end of the day we are talking about crypto here and volatility is all around so we could definitely have something that would shock us all and it could be very interesting. I am not putting some other coin going above bitcoin idea aside, even that could happen and in a world where that happens things will be very crazy. However if face nothing shocking like that, the top three will definitely be the best investments.
I think ethereum will remain viable as an altcoin second only to bitcoin. but I prefer to sell it when the bullrun occurs, and buy it back at a time like this, I trade here only for the short term, and I choose ethereum because it is safe in my opinion, it has a large community. but most of my capital I use to invest in it and also bnb |
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Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.
I don't think they are going to ban it, if they want a ban they should have done it when it was just starting out when it's very much easy to ban them, but now with huge adoption especially in their territory, I don't think they will spend time and money just to make Cryptocurrency to disappear, especially now that the US is facing a lot of issues, banning it is the least of their concern. The US is the largest bitcoin holder country, so with the capacity they have, they have benefits for its people, if they can develop it, of course the people will prosper, because they seem to have control for now so it becomes something that is hard to believe if they will turn off bitcoin |
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every development will certainly become a necessity later, just as money is transformed from the barter system. for now I think we don't have a problem if we don't have bitcoin, because it hasn't been legalized like money, but it's different if we don't have money then we can die, especially if we live in the city, all of which need money
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memecoin like doge from the start has been at the top of coinmarketcap. at that time the price was still relatively cheap, but had a large community, so I think Ellon chose doge because it would be easier to manipulate it, and finally the cryptocurrency world was shocked by the news of doge, and not a few new investors fell prey to it.
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If you look at the current market, I choose hold for long-term trading, because in my opinion the market has fallen above 50%, so there are still many opportunities to hold it. but this is indeed conditional, we have to look at market developments and of course observe the news that is happening. but again, we have nothing to lose, as long as we have patience
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I will try to think for a moment whether it is an old coin type or a new type of coin, if the new coin is not fully used by the community.So if it is an old coin, I will buy as much as possible because the old type of eth is not going down drastically and we are still able to control it. Therefore we must maintain price stability if it decreases in the future
in essence we have to research it first, it will be safer if the coin has a real product, so it will have more opportunities to develop because it is needed continuously by the community, although there are some coins that do not have products but still exist traded and have many interest. Of course we should always follow the news and study the fundamentals for the long term |
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We know how he's dragged many people into DOGE after he started supporting the meme cryptocurrency. I can't even imagine what can happen if Elon Musk launches his own cryptocurrency. I think people would have a big interest in it for sure. As long as he backs it, there will be tons of people who are ready to invest into it right away.
What I think is that Elon is still a force that can influence the world of crypto. We need to remind ourselves that however we hate the man as a crypto manipulator, many many people adored him for being an innovator. He would still have his thousands of followers that would still follow him and support him. I mean he is a still billionaire and still be capable of doing many things that an ordinary man might call a manipulative move. Love him or hate him you can try to listen to him or ignore him. right, currently Ellon still has money that can move the market. In fact, if we can afford it, we might be able to make money easily like what was done before, have the capital and community that can help push the strategy to launch. and we know that the basic nature of cryptocurrencies cannot be separated from the element of manipulation, therefore we as small fish can only follow what the whales do in order to get a little food |
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for short-term traders I think technical analysis is the main reference for determining action. we can see support and resistance on the left so we can determine the buy or sell area. although the cryptocurrency market is manipulated, I think trading psychology has a lot in common for every trader
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Trading or investing ..does Trading pay more than investing
For me, Trading is more profitable for short term, but investing for long term is also good and with higher return if your investment is good. Actually, it depends on what you want and depends on your knowledge and capital. Trading is more risky but if you are knowledgeable in trading then it will give you a good return. Well, if you have enough capital, you can invest for long term while doing trade. I agree, both sides have their advantages but if you do have enough money to invest splitting between or allocating funds for both long and short-term is the best action to take. You can split between day trading and long-term investing, it's a matter of how good your knowledge within this venue of investment. For those who have skills, they can see every opportunities. Buying low and hold it for long-term or it's also possible to rinse just the same, buy low then sell when the value rises up, collecting decent amount of profits to add for your initial investment. choosing to invest long term and trading short term can give us an advantage. Of course, short-term trading can give us short-term profits, but this is for those who already have experience in short-term trading. For beginners, of course, long-term investments will be better, while learning to trade short-term |
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technically we could identify the earlier signal for reversal. usually traders look on divergence in big time frame chart, recent dump on bitcoin could viewed from this technical indicator. Usually price will make structure lower high and lower low, when we see this structure be ready for quit from market. If we see it in big time frame , maybe in medium term trend will reverse. This is my way to analize when i have to quit from market and liquid my position.
but we also have to be careful, because not every time the indicator will always be correct. Indeed, in that way, we can win many trades, but if the indicators do not go according to plan, then we must look at resistance as our benchmark to exit the market. Actually, it's just a matter of which system is comfortable for us to use |
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Bnb is my top choice right now to buy dip.
By having support from the binance exchange which is one of the largest exchanges in existence, the price of bnb will reach ATH again even when a bear market occurs, because bnb has proven that bnb is not easy to go down during a bear market from 2018-2020.
Not just the exchange but the existence of BSC that bring this asset to the next level. Holding this coin for much longer time are possible to gives you very decent amount of profits, you have to assess though, as market is really volatile and even there are good momentum the chance that it will bounce down still possible. no one seems to have anything negative to say on bsc. but indeed BSC is well worth investing in, considering that the network has a real function in cryptocurrency, so that more and more people are using it. That way, of course, more people will save it, especially for now, where the price tends to be in the support area |
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Those listed coin is a good pick mate, but some of them seems not really reliable in my view especially if the market starts to make bump again and constantly increasing, because base on their performance during the bull run are not that good, I don't want to mention names, but yes i have doubts it will do the same way when market bullish again. Maybe it's good to focus in bitcoin and other trusted project instead of hoping to some projects that currently at dip but we don't have any idea if it has a potential on the next trend..
for me it would be better to focus on a few assets, so it doesn't break our concentration because we have to manage a lot of coins. from the list of coins I think I will only invest a maximum of 4 assets that I choose. Of course, bitcoin is the first choice |
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