Its not the first and last dip on the market. The main question is - is it the end of bull market or not?
don't panic, some countries are already using Bitcoin as a legal tender, of course if other developed countries follow el salvador's steps then bitcoin will break out and fly to the moon, I'm sure many whales want low prices, because they know the future of bitcoin is very bright!, and the price can reach more than $100k, dont sell in this price, because this price is a cheap price! That's still facts, there are whales who are still working behind, making sure that they'll still have that control over this market, The idea that the popularity of this asset will continue to move forward and new investors will be there to start their venture inside this market will bring the value to rise up. |
|
|
|
Be always updated on the news so you can react timely, just like the DOGE, if people bought tons of it when Elon starts to shill, they could have made a lot of money from DOGE.
Well I agree with you on this part, staying updated with the news is really helps us spot the next shitcoin that is about to explode, funny enough I heard about Shiba inu before it went viral, i was in a whatsapp and one guy was like "buy this coin Shiba inu, its going to change your life in a short time", honestly I doubted it and I was like here we go again another shitcoin, but after 3 weeks it got listed on kucoin , Binance etc,till date I still regret not taking that advice from that guy. That's really regretful but come to think of it, if shiba didn't make it to Kucoin, Binance etc.. what will happen to your investment? most of the time, it's always best to invest with something that you really understand. Move on and try to explore for more, who knows you'll be able to catch up with new project that will change your life.. |
|
|
|
investing in crypto is very volatile and that's nothing new. but many people see this as an opportunity. and now the choice is how to choose the right coin for long term hold. all decide for yourself. if i prefer coin with top 5 in cmc . with daily trading. even though I am in a position have to hold because the asset is in a loss position im not afraid for hold it for a long time. Holding sounds easy if you believe in what you are holding.
Holding assets that you have faith on it is a good decision to make, as long as you understand the full potential of those projects, it's worth to wait, beside, there are many cases where holders really maximize the full benefits of their investment, believing that it will bring them huge profits, good example of this is Bitcoin itself. |
|
|
|
Being a legal tender means that they are recognized as a way to pay transactions so I fully support this move by the government of El Salvador, although I am waiting on what's going to be the catch though.
Anyway what the government of El Salvador is doing by legalizing bitcoin as a means of payment is a good thing, I hope that with something like this, other countries will also make that decision. because if that happens it is certainly good for the development of cryptocurrencies For the development and acceptance of bitcoin it's indeed help, it shows more and more people will adopt and business will soon realize the help of this system, with this news, interest coming from those who are not aware yet will increase, especially from those people who resides from El Salvador and neighboring countries. |
|
|
|
I think I am addicted to buying Bitcoin. I buy only little by little but this is too addictive. I still have some cash but that money is being spent on buying Bitcoin every day. Do you think this is wise or should I stop for few days? VidMate MobdroYou are actually walking on the unknown way .I think you always need to have a mind set where you wanna buy and where you wanna sell that .Without having this knowledge you can loose huge amount when market starting to get down .So i think you should need to stop buying daily and set a rate where you wanna buy and where you wanna sell .Hope you can get a huge return. Correct, you need to work with your targets, setting your plans and make sure to understand how the market works, buying without any target will lead you to lose your money, not unless you are into long-term and you don't have any emergency, if the money is all spare and nothing to use in immediate time. |
|
|
|
The most important thing here is not to panic and not to make hasty decisions. Altcoins sometimes push investors hard and we don't know what to do. The best decisions are always made calmly. I currently do not own any altcoins and i am waiting for the right time to invest  Making a rushly decision making will only lead you to lose your money, investment needs to have a deeper knowledge within the venue that you are investing your mone. Be patience and earn the amount that you are aiming out from this market, it's always possible if you really believe from the project that you are investing. |
|
|
|
In fact, I think the price of Bitcoin has been hovering around $30,000. In fact, I think it is a good time for beginners to buy, but you must hold it for a long time and do not be influenced by the market. I believe that Bitcoin will break through a higher new position.
Bitcoin price today is around $37k, one can still buy now and definitely sell at a higher price. However, selling at a higher price require patience. Bitcoin price climbed $65k in April 2021, I believe it will bounce back, and probably hit $100k before the end of 2021. Buying now is really a nice idea. Yeah right, the chance seeing that bitcoin will pump to that level is always possible, but you really needed to have a huge patience in order to achieved such goals, buy low and sell high at this moment needs to take some time, we don't know when the market will bounce just need to work with every information that you can gathered while waiting for the bull to pump back. |
|
|
|
There is no need to hesitate for sure when talking about BNB because it is a potential coin, moreover BNB is one of many people's choice for investment, but if you look at the current market conditions it seems quite difficult the price can go up 10 times If we are talking about potential then there's no doubt that this coin will continue to provide great benefits to all the holders who will keep this asset inside their wallet and wait for more pump, BNB have that capabilities to hype out when another bull show up and bring the market to another high. |
|
|
|
Is Binance Smart Chain the "New Ethereum"?
I am sure all people won't agree if you state BSC is the new Ethereum. The is no correlation between Ethereum and BSC. Even if BSC is trying to solve the problem of Ethereum transaction gas and it is also using MetaMask, but those are different things. BSC is fully controlled by the Binance exchange, while Ethereum is owned by Vitalik. Those won't have the same ways and must have their own networks. Still far away price BSC and ethereum, how ever I disagree with both coins which one is prefer and potential for the future because both coin never against with bitcoin price, every time when bitcoin down both coin BSC and ETH down never can stay with their self how to be strong when bitcoin down they keep have higher price. It's the momentum insied the market and once Bitcoin suffer everything around are also suffering the bloodshed, still far to have an independent run as the entire community still checking for bitcoin before moving to another alts to invest their money, not even this two giant project can sustain theur value when bitcoin start to dump,. |
|
|
|
Search some moon tokens on reddit who are at early stage for now and have legit devs much better if its currently on presale its too hard since its too risky but if your lucky you can definitely find a 100x choosing in top cmc coins cannot guarantee you now of 100x unless you wait for some years and hodl it.
If you have that nerve taking the risk then it's possible for you to catch up the right train to ride, Buying pre-sale coin might bring good revenue though make sure that you are willing to take part of this big risk, the chance for the team to ruanaway even you already perform your research still possible to happen. |
|
|
|
What if Elon Must produced this video and spread it on the public to regain his lost fame with the sympathy and emotional of public so he can regain his manipulation power and for that he may wait for another cycle's peak.
I won't blame you if you think the anonymous video is a fabrication of Elon Musk, because someone like Elon Musk is very likely to do anything for his personal gain. Elon Musk is indeed money-oriented, so it is possible to do something like that to gain public sympathy. It's a victimization strategy that is often used by influential people, but regardless of whether the video is genuine or fake, I'm still disappointed with everything Elon Musk has done to the crypto market. You said it right! it's very possible that he can easily do such things to get sympathy from other people, but for those who understand the game that he might cooking right now, they are no longer interested with what he's doing they just don't want him to continue moving the market by things that he's doing. just let the market move naturally. |
|
|
|
IIRC Bittrex was the biggest exchange players between 2016 - 2017 before they got replaced by binance months later. Bittrex was the market leader then since they had not just top cryptos listed but they also listed the best ICO tokens at that time. It was the first exchange I started trading with using ztrader app (now obsolete) before moving to tabtrader app because the user experience was much more better including the UI too. But I later stopped trading on Bittrex altogether due to the fact that they started locking accounts while forcing users to do KYC with them. It's still a good exchange (considering they've not exit scammed for years now) just that they've fallen below the pecking order very much behind Binance, Huobi, KuCoin and even OKEx.
I think they are still quite big judging from the orderbook sizes there and how quick they arrange for me. I mean I do not trade anymore practically now just selling weird coins I can sometimes get here and there for BTC and then withdrawing it all. Very quick,,, not like slow exchanges that tell you all sorts of things. They did also try IEOs before but those failed badly and gave them a bad reputation. They still have the volumes and there's still traders who use this exchange, though no longer the same with how hot they are way back, Binance and other competitors are now more popular than Bittrex, sad part is when they implement and force every users to complete thier KYC. |
|
|
|
Not so surprising to me because many of the names of the coins are almost like doge or how it works almost like doge. But we should also research about coins that almost resemble doge are increasing. Made a very interesting surprise until now.
Yes, but that increase is also only temporary because the coins that are almost similar to Dogecoin are just pump and dump coins and there is no guarantee to last long in the crypto space, because the same name will not convey the same quality. Wise words of wisdom, this only became famous for a moment to people. you see movement in the following year. maybe all of this will start to fade and again not be used as a favorite for people. Should not focus on one virtual currency that is only enjoyed from time to time. You should learn how to ride with this types of project, time and time it will change up and momentum will fade, as long as you understand what you are doing the chance is still possible to ride with it's fame, just clear things up and make sure to pick the one that have some support from the communities. |
|
|
|
I seem @CZ_Binance CEO of Binance was tweet about High gas fees. After that post Eth gas fee goes down. Now fees very low. $0.5-1.5 for ETH Transfer and $1-$5 for ERC-20 Transfer. It's Seems normal
its good for us now if eth gas fee drop alot, now we can send or trade token in uniswap which is usually need high fee transaction. no more limitation in trades or sending token , so it will attract higher trading volume in decentralized exchanges.hopefully it will running and not due this ethereum price fall. Should be that way, ETH needs to adjust in order for end users to continue using the service and not to continue migrating to BSC, there are good competitions now and they should build the trust back, that this adjustment will be there and the high fees are now part of the past process.. |
|
|
|
the only way to get it back is to wait for the bitcoin price to return to the $55k range or higher. well, actually, I'm sure the price will recover this year. however, it depends on your skill. After all, no one knows the future. the price could be worse than it is now. If you are afraid of the risk of another dump that could happen, I suggest selling all the assets you own. but, if you're sure, you better hold on until the price recovers.
I have no doubts bitcoin is going to recover, what I do not know is if the altcoin season is going to continue, the ones that lost the most money were on altcoins, how are they going to buy back into that market when they do not have any money to do so? The ones that remain in the markets are strong hands and the majority of them are not interested in altcoins at all, with that in mind it may not be as bad idea for the OP to sell their coins and buy bitcoin instead. A matter of proper understanding before you make any decision, it's hard since the market really fall deeper you have to analyze everything as you have to decide whether to keep your patience and wait again for another opportunities or let go and find another entry point and learned from those mistakes that you commit from your early trading outcomes. |
|
|
|
I think the impacts of having many new altcoins won't be significant to Bitcoin. If there are many new altcoins, it will make the crypto industry be stronger. That's because there are supports from more parties in crypto industry. I don't see possible bad impacts if there will be more new altcoins, it is a good sign for Bitcoin's existence. More new altcoins mean more new crypto projects, and this is the indicator of better adoption of crypto in the world.
That's if those new project have additional support from newcomers and not also just relying with same people around, it will help the industry from bringing new investors who will learn bitcoin and other available project around the market, domino effects and it's healthier to every investors. |
|
|
|
Just think about this?! Why should companies like McDonald and Sturbucks use DOGE? After all, the most stable cryptocurrency is Bitcoin. If ever someone chooses cryptocurrency as payment, it will definitely be Bitcoin. There is no doubt! The most stable and the most popular - it is enough.
Doge to be abele to flip btc is not even on the cards for me. Because before btc there are so many other coins like LTC, ETH etc which needs to be overtaken and then can somewhere I could relate to it, though that is also very far off. In terms of fees if that is the issue then LTC, BCH etc holds better chance than doge. So far it's because of Musk participation that's why Doge gained attentions but likewise it's still bitcoin that have the dominance and if in case other companies like Starbucks and McDonalds they have team that will review and research the worth in that case there are many other alternative coins to also have the potentials. |
|
|
|
some of my friends have done that and proven to be able to get a lot of profit with 5 years of results, but he applies day trading and long-term investment so that he can get additional income from his daily trading to survive and long-term investment in bitcoin has proven to be profitable. a lot of profit and is now a rich man.
A combination of strategy also needs a good knowledge within the venue of investment that you'll going to take, your friend really made it as he combine long and short trading, it's about the strategy and the way you see and percepts the possibilities, not a risk free but have a good chance to earn decently. |
|
|
|
u can change the subject to happy now... we recovered quite abit so far im smiling ear to ear looking at my portfolio today
Some of the major coins suddenly bleeds in the last 24 hours, I thought that bitcoin will go up to $40k at least, but there seems to be some manipulation behind as the price suddenly goes down and the market -6%. So we are still far from recovering, we need to break that $40k first, and If I'm not mistaken, this is the 4th attempt and it failed again. Some mysterious hands have been pulling the price down. Nevertheless, we should still hodl and buy some if you have some extra cash for investments. And the bleeds continue, strong hands needs to add more patients and if spare money still available it's also a good time to buy for more and wait till the price rise back. Currently he market still in red and all of the assets are less in value, try not to rush in taking any plan if you are in your losing side, investment always have up and down and the cycle will continue, do your best to stay positiviely and work on in every opprotunities. |
|
|
|
for the top 5 altcoins in CMC it is certainly not a problem to keep them for 5 years, because it is clear that the quality and skills they are in the market will continue to improve from time to time to always be the best.
Well, it all depends on what we hold. however, holding shitcoin for 5 years would be a waste of time of course. is different from holding popular coins. if holding Bitcoin, BNB, ETH, or any other popular coin 5 years ago, I think it's been very profitable. Correct, holding good assets for such long time have different outcome, if the project are progressive expect to see more growth in terms of value, instead of of thinking on buying shit coins that don't have anything to provide as good addition or contribution to this industry, it's wise to buy top 5 coins and hold for more longer years. |
|
|
|
|
Show Posts
