Most of them probably don't understand yet about crypto, so they become panic and want to sell everything once the price fall down. Or maybe that's because they don't plan to use bitcoin as a long term investment, but a short one so they decided to cut loss when the price already drops.
Of course, the lack of experience with how to understand cryptocurrency works, makes most people immediately cut ties when they panic about losing even more money. They don't remember that there is still a lot of time in the future for cryptocurrency to be used by many people and start to go up and get expensive. BNB will continue to be needed and the supply will continue to decrease because it is burned for a certain period of time on a regular basis, so that the BNB coin will become a favorite coin in the future. Stay confident and don't panic We can't resist new people keep coming because of hype and then buy bitcoin or other crypto without any knowledge about it and only follow what famous people say. And it keep happened since past until now and you who already in crypto for longer time must be know circulation about it. If me for now i will focus on my investment, or maybe warn people that near me who want to make investment in crypto at least risk behind it. So they not only join because of hype but understand what good or bad point about crypto investment. |
|
|
|
My strategy is don't too much look at market. About price there are a lot of sites that can help us to see our coin's price. At least without too much opening market, we wouldn't see the orders and small possibility we attracted to sell our assets early or in lose. Like this dump market for now, i not really much see market even site that can allow us to see crypto's price so i am not suffer more than this.  |
|
|
|
|
Maybe not new ETH but alternative beside ETH that can be used by projects which is want to use less fee. My amateur sight maybe only see BSC use less fees than ETH for now. But maybe there are a lot of things that i not discovered yet. There is no need to replace one to another and why not just make it alternative which we still support both and people free to use which one that they want to use.
|
|
|
|
A lot of people talk about "mass adoption" and "mainstream adoption" as a milestone for Bitcoin and crypto. How do you personally define these? Have they occurred yet?
My personal opinion, mass adoption means people know it. Whatever it will be used, as investment only is already ok for me. At least people know what purpose they have bitcoin especially if can give them profit. Don't need to be used as payment option is ok because as payment will be hard because of fees and some other reasons. |
|
|
|
|
If me, save BTC coinbase wallet with 2fa but honestly i don't know we can back up private key or not. But since use Blockchain wallet or Coinbase wallet, i only save username, password and 2fa. But for ERC20 Tokens usually i use Metamask or maybe Myetherwallet. I think both have their purpose to save different coin.
|
|
|
|
|
Although i never see chart or anything else in market before buy coin (usually only look on buy orders) but i agree with buy more when correction. Because in trading we must prepare back up capital, i mean not use all capital at once to buy a coin so when price dumped we can get again in cheaper price. Maybe only need a little pump or maybe back to price that we bought earlier to made profit.
|
|
|
|
Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin will recover from that tesla did.
For now only investment, because fees that needed to do payment is really big. Maybe worth if price of thing that we want to buy is expensive, but maybe not all people will do it. I think it is ok although bitcoin not really valuable to be used as payment, because as investment, it already have a lot of supporters. |
|
|
|
|
I never objected if people said that i work for money of my boss is money. I think life of a people is develops step by step and if they really serious with that, at the end money will work for him. So when we still can, as long it doesn't harm other people, just do it. Trading, bounties, airdrops for people in crypto, then maybe made investment in real life, then money will work for us.
|
|
|
|
Think of this, these days cryptocurrency price movement (btc & other altcoins) is highly affected and dependent on the media. People now follow up closely with information around the world to know when to buy and dump a coin, as a result a simple occurrence because of the media might just cause a cryptocurrency value to go up or to come down.
Do you think the collapse of the media (Say a media blackout) can trigger the collapse of the value of cryptocurrencies?
If media means news company, i don't think it can cause crypto collapse. Information can be found anywhere even in a little forum. For me, with media or not, as long people stay with bitcoin and other crypto, it will be not a problem then. Internet is still vert wide if we want to look about something. |
|
|
|
I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge
If Tesla really support DOGE, maybe people can save around 10%-20% of their investment for surprise in future. But in case they leave Dogecoin, 80% Dogecoin that we hold, at least we still feel high price before it is dumped. Both things that happen in future, we can minimize what can cause we regret because not missed any moments of Dogecoin. |
|
|
|
Which crypto should I invest? I have 20k.
I am long for safe investment and long term. Should i put money on it?
I will answer for safe investment and long term, about safe i think there are no investment which safe even insurance can collapse and gone with your money. About long term maybe wait bitcoin to dumped a little again and buy it. I think best for long term investment still bitcoin for now because we can see in future bitcoin still have bright chance for people to take profit in it. |
|
|
|
The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.
What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
Do you think an altcoin created by Elon musk will do well in the market?
Well, at least Elon Musk will know what his coin will be used for. I mean, there are a lot of ICOs which success and they even don't have their real product yet. What is on my mind in past, why not all ICO create their product first then open crowdfunding. And the money can be to develop their product instead of create their product with people's money. |
|
|
|
immediately when Elon musk makes a tweet "I stop supporting Dogecoin", immediately the Dogecoin value will crash 90%, so don't buy Doge. if you have had a doge since last year, immediately sell it and buy Bitcoin.  Agree with you, people must be ready when that time come. Because at last dump i see a lot of people bought in peak and then they lose their investment. Hype on a coin without fundamental is like timed bomb, because we must know when to take profit or when to avoid it before it exploded. |
|
|
|
|
Newbies can start with airdrops or bounty, and then use their rewards to do trading and then join ICO. I think step by step is worth to do especially some airdrops or bounties still worth to join for now. With that, they don't need to worry about use money that be used in daily life and they can build their capital slowly but sure.
|
|
|
|
The most recent Bitcoin mining subsidy halving occurred officially one year ago today, on May 11, 2020. At the time of writing, bitcoin has gained 533% since the halving event, as the supply and demand dynamics of a surge in demand coupled with an inelastic (and 50% reduced) supply issuance caused the price of the asset to skyrocket above $1 trillion. What do you think the future holds? Next halving might be can trigger bitcoin price to be new ATH. Because 2 times halving already done it. Or maybe if this thing keep happen (bitcoin keep in news) it can be more adopted and price keep increasing until it can left another thing that usually people used as investment like Gold. |
|
|
|
sad reality . the 60k resistance becomes a Hard barricade now , after being broken twice now it seems that Bitcoin cannot even make close.
two attempts this week alone but did not make it there.
so for me the 2 days remaining is not enough, and the whole month of may is the possible chance of making this thread happening.
At least maybe price can keep stable although can't break $60k. Good news can be used for people to keep holding their assets. Although not much demands but no more selling is can already help bitcoin price to be stable. My prediction maybe 1-2 month bitcoin price start to get affected from that Alibaba news if really happen. |
|
|
|
From 50/50 (it could swing either way and you can have zero knowledge on which way it'll swing), to %1-100 being able to know before hand, how much can you know?
What causes prices to go up? What causes them to go down? Obviously, no one knows for certain when it would happened, but has there been a consistent "pattern" lately? When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?
At past my pattern only buy above buy wall, sometimes it is work. But if keep dump i set order again above another buy wall in less price. I think that is my trading way and although not much analysis honestly but i don't think that i gambling with it. |
|
|
|
I sell my ETH in past after get paid from signature campaign. If can sell this time i will be very rich . But i not really regret it because even myself don't know if bitcoin and altcoins will rally to this far and if know, of course i will hold my coins until now. A lot of people might be have same experience too. |
|
|
|
Worried about missing out on valuable moments to profit from short-term trades in easily-pumped altcoins.
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
You wouldn't know before you try it by yourself. I think people should do any kind of trading strategy and then find out what is best for them. Like me who do any kind of trading, day trading, follow pump site, and then end with holding way. I pick holding way because i don't really need to stay awake and see market although maybe holding less worth if use small capital. |
|
|
|
From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.
So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?
I love to hear your thoughts, I feel like it's becoming like a bubble already.
If must pick i will pick ride with fomo. Because mostly it is really happened, the pump. About how people lose or profit, i think it is all depends on what they aim in profit. If me, although it is very risky, maybe i prefer to buy coins that already pumped and aim for less than 10% profit and then sell my coins immediately. But in practice, it is really hard and i keep end with lose. But i don't have other choices because i can't analyze market. |
|
|
|
|
Show Posts
