Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?
That's pretty normal, no? They were at their ATH before and it takes quite some time to go back to that price range, if the price is lower than ATH that doesn't mean it's in trouble and you are pretty sure just overpanicking over normal stuff in cryptocurrency. Stuff like Doge was raising because the influence of Elon Musk but now once the hype is declining then you will see the "real" price there. Just wait till halving to see what happens next. These kind of words or sentiments are common from those people who dont have that much experience towards the market. They didnt make out some realization that if you do tend to look at on the current prices then everything is really that declining on a bear market and there's no exemption to that specially into those old top altcoins which they had dropped down their price in compared into their ATH on which it is really that a normal thing. Its true that this market does have its cycle and we might be seeing that correction is on negative but once the market would really be having that shift then we would really be seeing new all time highs. Top coins are in trouble? No one really knows and this what makes it even more harder to make up decisions. This is why you would really be needing these kind of considerations on the time that making up some investment. It would really be your choice which on what are the decisions you would really be making as of this moment. |
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Indeed, all gamblers definitely want to win more even though they have already won. This has become a common case, I am sure that when you or I win, there will definitely be a feeling of wanting to win more, it's just that we have to be able to get rid of that ego, cashing in winnings is a smart way of gambling. It's just lucky if we can win again after getting the victory we already got, because most cases that happen with things like that will only end in defeat, or losing the winnings we've already got.
In my opinion, this happens a lot to beginners who are new to gambling. but not only that, I also think this happens to gamblers who have been gambling for a long time, because every once in a while they might lose control of themselves with the gambling they do, perhaps because they can't accept losing more often than winning. Gambling done with emotions is not recommended because it will only make us lose more money.
Everyone who has won their bet from gambling of course still wants a bigger win on the bet they played and it will be difficult for some people to resist this desire by withdrawing the winnings they have obtained. Of course they will continue to bet in the hope of getting that win. even bigger, but it is very unlikely that they will win again and some will even experience defeat again after returning to play in the hope of winning. It's not easy to resist continuing betting in the hope of winning, especially if they have experienced many losses before, of course they will continue betting in the hope of getting a bigger win, so it's important for us to keep control of our emotions and greed when betting. so that we can enjoy the winnings that we have obtained, because often those who are greedy when gambling find it difficult to win the bets they play. On the time that you are winning up on gambling then it would really be that so hard for you to quit up right away or you would really be making yourself that quit up completely or call it a day. One of the main reasons on why gambling industry is really that profitable just because gamblers are highly impulsive when it comes into their emotions on which they would really be always having that kind of approach towards gambling. If you are someone whose really that treating gambling as some sort of income making or could make you rich then you would really be finding yourself that desperate and this is something that should really be avoided in the first place.Dont make yourself that delusional because on the time that you would really be having this kind of approach then 100% you would really be messing up your life with it. Gambling should really be just that for fun and not something that you could really make it as a source of income or making a living with it. There's no way that you could really be able to make yourself that to happen. It is really just that for leisure and dont expect something else from it. |
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Money and education which one of these is advisable to achieve?
They constantly say education is the key to success but in my country today many graduates don't have a job, and most of them are still fed by their parents, and that's not the way it's supposed to be.
And again they also said money is potency and fondness. Yes, money is power even if you are not a graduate or you haven't been to college before and you have the money you can even employ a graduate to work for you.
Presently now in my wonderful fatherland NIGERIA 🇳🇬 I can see the power of money.
Please any advice?
For me whichever one that comes first is good, education is an excellent way to prepare yourself to adapt with other people and be versatile in all ramifications, education does not guarantee success or money, there are many people that are not educated in school which everyone refers to education but today most of this people are among the richest in the society, I can only advise everyone to acquire knowledge through mba or any other aspect of education but it shouldn't be seen as a criteria to make money. I agree with you that money is power, when you are rich you will be respected in the society, even though those money was not made through a legitimate means people don't care, humans recognise riches and set high standards for rich and influential citizens. In the country you mentioned which happens to be my country, the politicians and dubious business has made money to look like is a do or die a fair and once you don't have money you can be disrespected and sent to run an errand since it is the only thing you can offer. We might be able to see someone who do lack of education but ended up on successful compared to those who do have but doesnt mean that it would be just right that you would really be making it as some sort of inspiration because not everyone would really be taking up this path would really be ending up to be successful. This is why it would really be better that you should really be having that education at the same time you would really be thinking up some side activities which might cause up for you to have that potential income while you are still schooling or having that finishing up your course. Nothing beats out if you are someone who do have that educational attainment because when it comes to learning and awareness then you do have the advantage. It is really just that because on what we do live in a world today where there's really that lack of sufficient job vacancies then tons of those graduates ended up jobless. This is why you would really be trying out to find for other things on which it could be giving out that kind of opportunity to make profits and this is why others would really be going into those options on which we didnt expect for them to do so. Its a matter of risks taking and a little bit mix of luck for you to succeed out on particular careers that you are trying to go into. |
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Doing forex trading as a hobby will result in big losses. Because most likely it will end in loss. So, how can a hobby be called a hobby if it takes the money he has. However, forex trading can be used as a hobby if one has skills in it. He definitely has a reason why he likes doing it, and the most reasonable reason is that he always makes a profit there. Which means, he has skills in that matter.
Many people get stressed just trying to trade forex, so I don't think it's a hobby that can be done for fun without having any skills in it.
Its not a hobby but rather its a some sort of side job even possible to make it as a source of income if you do really know on how to make yourself that be able to sustain on predicting market. We do know forex/stocks/crypto is really that giving out that opportunity for you to make profits if you do really know on how to play with the movement of prices. It do really just that differ on the assets or currencies that you are really that tending to trade on but pretty much sure that this one isnt really that can be considered as hobby. You cant really just that make yourself that dealing up with moving market as if it was a game or something that do talks about for entertainment. This is why its not really something that you could really be having that kind of approach. So it would really be just that better on having that kind of treatment and not really just that something for fun. Trading is never been fun in the first place, guessing on where prices would go is never been that enjoyable. |
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Is this the wrong advice? A friend of mine took over his father's company because he is so old already and he told me about the money thats available doing nothing in the bank.
I told him to think about investing that money if he wants to keep the company growing, I told him about how MicroStrategy is doing so well using Bitcoin as a strong backbone of the company, I believe that even a small company can turn big if they use Bitcoin as their main investment.
Or am I wrong? I need to know if this advice is a good one or a bad one, I gave him this advice because we are very close and also because I will do the same thing if I am in his shoe, this is the best thing i can think of right now.
Just tell him if ever he would decide on making some investment in Bitcoin then it would be always that recommended on investing on the amount that he can only afford to lose and never ever make himself that too optimistic or way too positive towards its investment because we dont know on when Bitcoins price would really be shooting up into the moon and we do know that market does really have that market shifts whether in a bull run or bearish run period on which its really that something hard to handle up your emotions on the time that you are really that too positive but the price had gone down southward. I do agree into those words above that the only thing that you shouldnt really be doing is that you wont really be giving any guarantees or having that sure words about making profits so that your friend wont really be ending up on suing or blaming you once they've seen that their portfolio is on deep reds. Invest on what he can afford to lose as always as this one would really be the main thing that you should really be expecting when someone do make out some suggestion but in a very exaggerated way. |
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-snip-
It's not gambling that is addictive but the Internet and all the information it floods our brains with.
IMO online gambling is a deadly mix of addictive online entertainment and gambling, which can be addictive all by itself. What can you do about it? It's a modern drug we have to live with.
An entertainment and online gambling, this is indeed the reason why those who do both are very addictive. Even that does not look at the age limit, because many underage children already play online gambling very easily on their mobile phones and may only use free internal coins that can be claimed, but to get more coins you have to buy with their money. The main source is indeed the internet, but actually it is not the internet that is the problem, but the misuse of the internet for things that are out of control, and eventually they become too addicts. There should be control on the children or on oneself how to use all these conveniences as wisely as possible. Because the modern era with increasingly sophisticated technology can be profitable or can be a disaster with some things that are not controlled, such as online gambling. Yes, it do really be able to tick out those checkboxes when it comes to those kind of offering on which it is really that entertainment/thrill/leisure at the same time its been through the way of making those highly addictive game on which it isnt really that shocking that it would really be able to hook up tons of gamblers/people because of its nature and since that human beings are naturally greedy then on the time that they've seen that they could really be able to have that chance or probability on making money then they could really be having that kind of engagement on which we would really be definitely considering. Some could really be having the control but some do end up on getting addicted or having lost their control and this is why we can really be able to see that there are lots of addicted persons who are really that hovering themselves into gambling space and sharing up on the same mindset towards online gambling and even more pathetic having those beliefs that they could really be able to make a living with it on which its not really that something right. It is really just that sad that there are people who do lost their track. |
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I know some people in my circle who are publicly sharing their gains in social media. I couldn't fault them if this is the first time their investments are performing way above than what they expected. They can't help but feel excited, but also at the same time, I can't help but feel scared for their safety. They can easily be a target of criminals if they don't keep their mouth shut, and lose all their money just because they can't contain their excitement.
Having said that, if you have some coins during this bull run, better keep it tight and keep your mouth shut. You'll never know who's out there willing to do every nefarious thing possible to get that money from you.
If its your first time t hen you would be able to understand but as much as possible they should really be keeping it secret, not unless if the amount is really just that small or not really that big then he/she might be safe into those people around but if we do speak about hundred thousands of dollars or a million then its a suicide thing on telling on how much you earn or possess. Just like on what everyone is saying that staying low key is something that will really be that better rather than on making yourself that too overly excited on sharing up your success. For personal approach or someone whose really that close to us then it might be considered or someone whose family but talking it on public or something exaggerated then you are really putting yourself at risk. |
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snip
Maybe OP is just too desperate to gather earning from SHIB since he missed the opportunity year before he created this thread because Shiba Inu have its ATH in 2021 bull market All-time high Oct 28, 2021 (2 years ago) $0.00008845 that made this desperation comes and also if he is truly wanted to find promising coins then he must dig it himself and not to ask anyone of us for His positioning . Even if you do make yourself that desperate, no one would really be still be able to give out that best advise about on which coin you would really be needing to invest just like on what you could be able to achieve on what $SHIB did. No one really knows on which coin would really be getting that extreme multipliers and there's no way that you could really be able to make yourself to know on which one. This is why there are tons of people who are really that interested when it comes on investing into altcoins or meme coins out there on wishing up to hit the right coin that could give out x1000 or even more. Once you do able to hit up the right spot then you do have the chance on changing up yourself forever like getting rich, but the main question on which one? We are in search on a never ending selection into those coins. This is why people would really be that fond on investing into meme coins and hoping that they did purchase or bought the right one. |
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Look the best way to control your emotions is to make up your mind that trading is only a side income and you can't be completely dependent on it. I know some people will say that it's a full time opportunity blah blah. It can be true but it brings a lot of stress with It if we go with it as a solo option for earning.
You have to make sure that you only invest the amount that is spared and not needed for a long time. If that money is gone it shouldn't affect your life. Yet you'll be a little bit affected by the loss and that's natural to try to control your nerves. When you go through these types of situations spend time with your loved ones who will love you no matter what your financial conditions are you'll definitely feel better.
Trading only becomes stressful and frustrating when you trade using your own hard-earned funds that only end up with losses. That will really make you sick with trading, most especially if you made it as your main source of income, when in reality it shouldn’t be due to its high risk and highly unpredictable outcome. So the best solution is probably never trade if you think the market condition is not suitable to trade, and trade only as your side hustle, so that losses might still be bearable since you’re not trading for survival, but just for extra income. Dont make yourself that too rush when making up a trading position on which we know that this is something that cant really be done so easily because we are dealing with an unpredictable market on which there's no way that you could really be able to make positions that too easy. Come to think that everything is random and since we are just humans then emotions would really be normally be kicking, it would really be just that a matter of self control and handling on such condition. This is why it would really be better that you do really know on what you are doing and loses is really that very normal and this is something that needs up to have that kind of control and moderation because if you do miss it out or simply you do become that impulsive then it would really mess up your trading plans and analysis entirely. One of the best things that you should do is to be versatile and self acceptance because if you do find yourself that too highly reacting into various situations then you cant really be able to think up well. |
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Yes, that's fine. If the experience he's got was terrible then he is in all of his might to discourage people from gambling. From 10 bet to losing his life savings? Clearly, the problem is on him and he's just sharing his story to the other people that might end up being addicted as well and that's a good share that he can give to everybody. He even has got the guts to share it because not every failed gambler will tell their unique stories.
And this helps other gamblers when they're on the verge of being addicted as it will show how someone ended up if they are not going to stop. Nothing wrong with gambling as you do it with moderation. But the problem with many of us is that we forget to moderate and have some time to stop when it is necessary and even when we've been winning already, we're not stopping yet but we wait until we lose everything and that's the time we're realizing that there's a need for us to stop.
One of the main reasons on why gambling industry or business is really that profitable it is just because of this kind of such changes on where a certain individual would be able to achieve or obtain specially on the time that you would really be trying out to chase up your loses or on the time that you do already make yourself greedy. This is the most common or main behavior that you would really be able to encounter on the moment that you would really be stepping your foot into this space. IF we do see people around or specifically into those whom you do know or near or close to you and seen up that they are already that spending too much or excessively involved in gambling then it would be might that common sense that giving out advises isnt a bad thing to consider. This isnt really a meaning on getting involved into someones life but rather this is really a show of concern to other people. If they would be able to listen up your words then its good but if they wont listen then its up to their choice, at least you have told them about the risks. |
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Yet today, I saw the image above and it suddenly got the question into my head, Is Bitcoin still dead? We've all seen how Bitcoin has weathered through all the critics and FUD to breaking above USD 70,000 steadily since the beginning of 2024. There's all indication it's headed toward USD 100,000. What are you all thinking about these feet.
The topic "Is Bitcoin still dead?" Is one question that can never be totally eradicated in the world of crypto, inasmuch as the use of Bitcoin still exists, people still speculating it's future price, and expecting a potential price. Because most times, one thing I have come to noticed is that these kind of question are always been promoted by people who may have estimated Bitcoin to reach a certain price, and when it fails to hit such price within their estimated timeframe, then they go about asking "is Bitcoin dead?" Forgetting that Bitcoin as a decentralized digital currency has no exact pattern of movement, but yet rather fluctuate due to current demand and supply . "Is still dead?" kind of line or word does pertains about that as if this one is really that become dead but it never was. It is really just that dead words is really that been used on the time that it would really be making out those crashes or those kind of legal issues and there was link given about Bitcoin obituaries on which on how many times Bitcoin died but its not on that literal thing. It is really just that pertaining into those conditions as if it was really that dead but we do know that this isnt something that could be real considering that it is really that sitting on top ranks in the entire market. It is really just that people around do really loves on making that kind of sentiment that it was really that dead but not really that actually trying to realize that Bitcoins price could really be having those ups and downs on which it would really be just that normal that they will really be having that kind of behavior when it comes to price which been affected by several factors or having no reasons at all, and this what makes it too unpredictable. |
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IMO holding from ATH to ATH definitely is a great profit there. Although it requires alot of faith. This being that you trust that Bitcoin will hit a value with which you can have tangible profit regardless of the fact that you bought the coin at the highest price at a time. Still it's wisdom to still buy in-between, as the coin is cheaper then.
Bitcoin buyers from the previous ATH to the current ATH have clearly made quite a profit, because they are waiting for the next ATH every four years. Everyone can also continue to buy Bitcoin, especially when they see the price decline that occurred after the previous halving (2021). So in terms of the level of profit, it is certain to double and is also very extraordinary, although this may not be able to be done by everyone because remember that you have to have patience and high trust in Bitcoin within that deadline. We have a list of historical ATH prices throughout the year and if someone buys at the last ATH price of $69k then they also have a profit even if they are lucky they bought at a lower price 2 years ago, all ATH prices have been broken after the halving so there is actually no doubt buy bitcoin for the long term, we have seen the history of bitcoin which is very convincing even though we have to be patient and wait for the right moment to get maximum profits If you are that someone whose that able to buy Bitcoin onto that peak price and you are somewhat knowing or aware on how this market works or simply having that kind of experience then it would really be that so dumb that you would really be having that kind of action that you would really be having that cutting loses but rather you would really be having that DCA method. If you do have that high entry but you have been able to buy at the bottom then entry point would really be that lesser. You wont really be thinking anymore that you have bought on the peak on which this is really just that a normal approach to have. When it comes to profit then you would definitely be having one on the time that the market would really be having that recovery. It all matters on how wise you would really be on the time that you would really be making out those kind of decisions. Profitable traders are the ones who do really know on what they would gonna do on times like these. There are ones who are really that skeptical on making such move when the market is dumping on which this is really that very normal. |
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I know there have been a lot of discussion about memecoins during their prime. Especially when Bonk and shiba 50-100x some people's few weeks ago but then again the rise of new memecoins like OMNI which I stumbled upon, the first memecoin distributed on multiple chains with liquidity pools, and powered by the groundbreaking protocol LayerZero. It offers something truly unique in the world of memecoins.
Isn't it too late for that? I know in crypto there's nothing like been late but what I mean is. Just like we have Altseason, meme season etc.. Is true they have good community and I realised they have been listed on Bitget, Mexc etc and I also read some places that they have plans of getting listed on Binance.
Now, do you really think this memecoin will do a thing especially when I believe the meme season is over
How long it would last you do say? This would really be a continuing trend and we do know that as long there's demand and recognition or someone who would really be pooling their funds into those meme coins then it would really be something that will continue. There are really those people or investors who would really be risking out their money to acquire these meme coins. We've seen that tons of people had made themselves rich towards meme coin because of those kind of chances that it could potentially give. If you do try to look into those decentralized exchange on how rampant or many coins been that launched every now and then which does proves out that there's really a demand. The thing that you do only watch into these things is that you should really be that careful on investing. This is some sort considered to be that a gamble knowing that newly launched coins could really be directly be ending up on being a rugpull on first minutes which this is something that needs to be checked out. |
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There's nothing much expected than when you're gambling moderately without doing above your capacity , any outcome will be taken and accepted by you because you already know that you're not beyond your limit, the more why we should always trade with the minimum amount in which you could afford to loose, i don't expect a newbie go into trading like that without having prior experience on how to trade or by starting with small amount of money.
It is rude to directly call trading gambling. I dont know so many persons do this. Trading is way typical from gambling. The difference is one depends on luck while the other depends on skill. You can see someone who claim or calls himself a professional trader but you there is no one who claims that he is a professional gambler and gambling cannot be a professional job or skill in general. Trading has steps which means failing to follow these steps one after the other when learning would keep the trader at a high risk. The emotions that comes when a trader loses is something that is being learned or praticsed. I know how it feels to lose big amount of money when trading but this is where the experience comes in. Trading could really be called gambling on the time that you would really be treating it as a gambling on which you would really be making positions without any basis on which this is something not that recommended if you are really that dealing with trading. Emotions would really be your primary enemy when dealing up with trading or dealing with unpredictable market on which you would really be needing that extreme research and making out those analysis on which it do give out somehow on where prices could actually go. Although it might not that be precise ex. Technical indicators but this kind of analysis is something that would really be helpful and relevant for you to deal up with the market. It is really just that there are individuals who are really not that serious on taking this trading path. They would really be neither be that pursuing on making themselves progress or would really be completely be that stopping or quitting because they cant just be able to bare up with the risks. |
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Talking about Group B Team Aurora, im just amazed with that stand-in player King on how he do play that pos 1 on which i could say that this kid is much better than savage but well this is just my opinion.
When it comes to execution of skills and when it comes to farming and carry/core impact then you could really say that it is really have that kind of connections when it comes to skill executions and timing
but well its just a stand in but he did really well into this one. On the recent game against Liquid and BB then its an easy 2-0 game for Liquid. Boxi is really good with that techies pick
but well this is really just that still on roundrobin stage on which there's still so much things that could happen.
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Any updates on this one?
In regarding on the ban, is it possible that they could really be able to ban on accessing Binance through their app? Im still able to access Binance via app or this ban didnt push through.?
SEC does really love on trying out to stir things up specially on Philippines where government officials are really that corrupt. They do really always loving on stirring up in regarding
about cryptocurrency dealings just because they cant really be able to extract out taxes on which people do really skip out on doing so.
If they would really be tending to ban it completely then people would really be making use of VPN but of course it would really be something that
risky for the users side which we know that once banned then accessing would really be indeed a violation.
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Being a responsible debtor will somehow make a good impression on part of the creditor. If you think you can’t pay on time, then it would be better not to take a debt as much as you can. However, everyone has probably debt most especially because people find it hard to adjust and afford those high priced foods and necessities. As a result, people resort into taking loans, but should be responsible enough to clear off their debts on or before due date comes.
it always comes down to money management debt is definitely a double edged sword, if taken advantage properly being the lawful debtor will definitely increase credibility and credit score, if worse come to worst in the future where we might need some money and take up on a loan, then things will get significantly easier if compared with people that never have a debt therefore have their low credit score. definitely advantageous for entreprenur as well that often deals with situation where they need to expand but don't have capital so taking up on a loan is one of the alternative. but for those that only use it for consumptive purpose, well be prepared to get miserable life if we don't control our money spending habit or in other word, spending recklessly we'll have bad credit score due to unpaid debt and therefore the system will considers us untrustworthy so that the next loan gonna be hard not to mention we gonna pay more interest if our debt get prolonged. Double edge sword if you are someone whose really not that good when it comes on repaying loans but if you are someone whose really that responsible when it comes to debts then for sure you would really be able to make yourself that having no risks on putting up yourself on trouble because people would usually be putting up themselves on trouble on the time that they would really be neglecting out on repaying those loans in time. Also there are people who cant really be able to think up well when it comes to good decisions on which they are really that taking up those decisions on buying up something or simply wasting those loan amount into something which it isnt worth or doesnt really bring out some income or revenue. Its not bad to consider on taking up some loan on buying something but being responsible about paying it back would really be hard specially if its an amount that you cant easily pay up. This is why always be considerate on taking up such step whether it would really be worth or wouldnt really be something advisable because you cant really be able to pay up or not sure with it then better not to continue. |
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A lot of young generation may be into online gambling these days, but you can't take away the fact that land-based casinos will still have its own niche in this billion-dollar industry. Alot of old individuals will still prefer traditional casino that are physical but as the young gamblers in this present generation gets old they'll continue to be using online casinos and not shift to the traditional casino. I think why traditional casinos still have some users is as we still have some individual from the old days when there was no online casinos but only physical casinos still gambling. Online casino hasn't dominated everywhere as some places still have more of physical casino users. I believe soon land based casino will seize to exist, every individual will prefer to be gambling from online and not visiting a physical casino. Online casino has more advantage and experience than physical casinos as you have the option to play multiple games but the physical casino is limited to few games that they have. Online platforms can offer you casino and sport betting experience and it'll be entertaining. Yes, here in my country there are still 2-3 land based casinos which still that having tons of gamblers who do keep on going into these places on which most of them are really that rich people. You could really be able to see that there are tons of people who do play basing up into those vehicles that do park outside. You would really be having that kind of being ashamed when you do visit out into these places as if you are really that too poor in compared into those people who are inside. This is why i could really be still be able to say that it is really that still relevant even how far we've been able to reach out when it comes to technology and other similar aspects. There would really be indeed those people who are really that interested on going into physical places just because they do really have that a great time in going into these places on which they would really be that preferring into these platforms rather than going online. There's so much difference in between the two. |
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I laughed seeing you make this thread, then what am I doing with technical analysis if it can't be relied on.
I've been studying technical and fundamental analysis for several years, but you said that it can't be relied on. It seems that you can't master it until you get frustrated and say that technical analysis is ridiculous and doesn't provide complete market details. Of course there are several combinations that are carried out because technical analysis will only predict the market based on existing data and seeing how the charts work.
Haha you got it right! People would really be making out those kind of sentiments basing up into the emotions and mindset that they do have specially on the time that they have failed on doing trading and this time via making use of technicals and with too much failure and loses then they do really came up with this kind of idea that it doesnt really work and its not something that you could really be able to rely on without even trying out to realize that these tools are the main ones being used by most traders. You cant really be able to read up a chart without having these indicators on which you cant really be able to make use of price actions anytime. This is why it would really be that normal that traders would really be making use of these indicators. Naked trading could be considered to those people who are already that professional but still we would really be needing up to make use of these tools so that it could make out that reading up possible entries and exits which we do know that it would really be relevant or something important. Also, not all the time this market would really be having news or major events on which you could really be able to watch for. |
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Watching the current market and the demise of ALL crypto ... is this the end for certain coins?
Maybe  This is a bearish era where all cryptocurrencies are struggling for survival. The best will survive, and the least will be dead because of this bearish market that will be still ongoing. This is not new. many new projects or coins with low cap or volume may be easy to die and cannot survive. But, for certain coins, this becomes the era to buy more and hold them for the long term until the bullish era is coming. Why? because some of those altcoins may be able to survive, struggle, and develop even during this bearish market. They will also follow the Bitcoin rate, which is actually very dropped, those altcoins will be also dropped. But, as long as they can survive, commonly worthy altcoins are able to rise up and reach their ATH again in the future. But, for what coins? I am not sure, because none can predict it exactly. We can see from the past bearish market where Ethereum also had very dramatic drops until this can go higher and higher again due to the bullish market The surviving period is challenging because it couple with the network congestion of the two main altcoins in the cryptocurrency. As for me even now I didn't see it as the bear market and if you look well it is still at the bull market because Ethereum has not hit $3,568.80 before and I believed this is the first time of it reaching this rate. So investors are still on the lucky side but the main problem from my end is the congestion which is affecting people to withdraw and make transaction with the networks. And No I can't tell anyone to buy Ethereum and Solana now because the transaction fee is high than the amount you will even buy so there is no need for that. I wasted $12 to get $30 dollar or their about. And as it is if the network congestion is over then one can acquire enough of them and wait for the Bull Market. We do really have that so called market cycle on which it would really be that something that shows up those shifts when it comes to value or prices with those coins/tokens that we do have in the market. It would really be survival of the fittest and to those who cant be able to make out then there's nothing we can do about it. It all matters with demand and recognition on which this would really be something that would really be driving the price up high and this is something inevitable. We cant really be just having a dumping market forever on which if theres a bearish market then we do have that bull in opposite. Altcoins dead? If we do see their dominance in correlated with Bitcoin then we can really say that there's really a demand. Market cant really just that circles around with bitcoin but well it would really be upto you whether you would really dealing up with those coins and having some diversification or would really be sticking completely to Bitcoin. |
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