if that value mean rich, so, no poor people in the world. the problem if how to make money if we have same amount, who will produce, sell a thing if we are equal? world need balance, for rich and poor. if both need money, just make a big work. money just for worker, not for everyone.
If there are no poor people on the world then there are also no rich people. I think that wealth is relative, giving everybody the same amount of money wouldn't really change anything either. Since that money would be free all goods would increase in price overnight. The only way would be to take money from the rich and give it to the poor. But this is very dangerous because rich people could just immigrate to another country to protect their wealth. It won't happened at all, rich people will choose to leave instead of sharing their wealth to poor people, and like you i see the same thing, if everything is free then the market will adjust and increase the value of their goods it's always balance and there's always differences between. |
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If you are a believer in the "High Risk, High Reward" strategy, then you might try investing 1-2% of your portfolio into meme coins. I would not suggest to anyone to invest more into any of these meme coins. Also, you cant use Doge's journey from other meme coins, Doge is completely different.
Completely different but can be repeated by certain individuals who have a larger funds to invest and attract investors, but likewise, it's not good placing huge amount of money in this kind of project the risk is too high, better to take a closer look with quality projects that are available inside this market. |
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Why are you very interested in Elon Musk tweets? Forget about Elon Musk and his tweets. Elon Musk is doing his best to buy low and sell high. I don't want to be a part of the Elon Musk path. We must accept that he can slightly move the marketcap. He can do it until the rest of people lose trust in him. And his influence on the market will be zero in near months.
you are absolutely right, what you said has been proven now, Elon has lost the trust of his followers, and now his tweets won't have much effect, his actions so far only aim to make him buy when prices are low and sell when prices are high, he only thinks about personal gain. More likely his words are now becoming like what we have seen from Mcafee in the past, whereafter he failed and didn't fulfill his promise, everything he said about the cryptocurrency has no effect on the investors. even though Elon Musk is a different person and a multi Billionaire, he will likely fall into that due to his changing position regarding his statement about cryptocurrencies. Investors who already been into this kind of scenario has already know what he is up to and now his statement will be nothing like ordinary tweets. It's far better to see natural growth inside this market than leaning with Musk billions , it's good to see that more of his followers are no longer interested following him from any statements that he's bringing to this industry, let crypto be adopt for it's used not becuase of influencial people who keeps playing inside. |
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I am not suggesting anyone to invest in DOGECOIN as compared to TRX. Do not believe in fake news, just use your research to invest since the market is quite abnormal and crashed now-a-days. TRX will go and pump very soon , not DOGE.
I agree with you and I personally do not believe in dogecoin even I prefer trx, I don't understand why there are still many people who have high hopes on Dogecoin, what is clear is that dogecoin is not the right choice for us to invest, but again it's up to each one of us It's up to everyone, it's not an investment advise but if you are aiming for long term investment, choosing between this two, I also prefer to have TRX than holding Doge, though both coins for short time trade have chance to bring you decent but the risk is more if you hold Doge. Do your research before dealing with any coins inside this market. |
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What do you expect from shitcoins? if you are able to earn hundreds or even thousands of times, then you can also vice versa, losing up to thousands of times. Shitcoin is not an investment strategy and calculation, because almost all investments are based only on signals and luck, and such things are definitely high risk
High risk and the chance is very slim not unless you have someone who are part of the developing team who can provide information, you can make a good call before everything went bad to this shit asset, you can sell everything before the huge dump happen, better to think more wiser. |
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When the real bear market strikes many meme coin will die miserably because they solve no single problem in crypto space, the last man standing will be doge coin and very few others
That's right, Dogecoin is a meme coin with community support so it's really hard to die when there's a bear market, as opposed to the new meme coin which was created just to trap everyone through dumping. Meme coin that gathered supports from some crypto community, enough to established the momentum, unlike those new memes where it's more on the developers who made the artificial pumped, without the community it dies much quickly. |
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For me it is BNB, but to be honest before BNB, I really like ethereum, because ethereum has become an important part in the crypto world, there have been so many altcoins that have integrated with ethereum, but with the emergence of BNB which has gas fees much cheaper than ethereum and BNB utility which is better than ethereum, made me switch to BNB
BNB really adds up to competitions as there are many developers who see the value of this chain, though ETH already adjusted the transaction fees there are already big support for binance chain it's really tough to call now as both are moving forwardly and they are adding the value for their respective supporters. |
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Bitcoin is difficult to understand for most folks because they do not appreciate what fiat money is.
Majority of people tend to think money = notes and coins. And when their bank says they have $20,000 in the account, it means that the bank physically stores notes to that effect. In addition, a large minority actually think money is convertible to gold.
Witness how people refer to bitcoin as "virtual money", not realising that dollars and euros are equally virtual i.e. just database entries. Further, the concept that dollars in a bank account are fractional claims on database entries tracked by a central bank is as esoteric as quantum mechanics to most folks.
Therefore, Bitcoin as a distributed database tracking a new kind of money is bound to be hard to understand.
I guess yes it will be hard to understand by explaining bitcoin such that thing, i especially explain to my friend that Bitcoin is digital currency with such a cryptograhic thing and all the participant of the community will be the bank to record the transaction. With someone without any knowledge, explaining it that way would be very hard to understand, since they are all using fiat and they fully understand how things works with the system that they've used to, Bitcoin is not hard to understand for people who have time to study the fundamentals. |
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To make this process is we need to apply the rules of "buy low and sell high " once you perfect this strategy you can never be caught in a trade.
I think we should hold if markets don't go in our direction as we waiting for price to go higher but should market be in the direction we anticipated then we simply take profits. Simple and easy strategy to follow.
Practicing that prticular strategy will give you decent profits, it's not easy as we should check more deeper with the project we desire to invest our money, checking the history of the market and see what particular information that impacted the market run for certain assets that we will place our money. DYOR and it will save you time and money. |
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As long as you are in trading, you can never see safety assurance here and there is no such thing to find in the crypto world. I think nobody has ever suffered losses but all of us but if we take this seriously, we only got wrecked.
Please don't ever think that if we lose this time, we never have to lose again. No, we can still be losing again especially when we are too careless and we don't work properly on our trades. Have it focus and enhance our knowledge and skills as they are the helping tools to help it out.
This attitude is precisely what causes so many issues, people trade in a way that assumes they are never going to lose a single trade and this is simply not possible, even the best traders with the highest winning ratio possible are still going to lose many trades in a row and if you cannot take a few losses in a row then you are going to make mistakes that are going to cost you so much that any chance to recover your money will be gone by the time you understand what actually happened. It can be avoided if you already experienced the same exact thing, trading is something that you can adopt and enhance your chances, if you keep failing yourself then it's not for you and it's better to find other venue of investment, but ifyou really think that you can excel from this business, best to see all the potential and be positive to how you deliver your decision making. |
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You are not going to succeed without accepting failures and almost everyone needs to cross this in their life no matter what kind of profession their are doing and what kind of financial stage they are living in, failure is inevitable. Learn from your mistakes which will make you better person in crypto trading and also learn from others mistakes which saves you from losing more of your money while learning a lesson. Be smart and work hard.
Learn from your own mistake to enhance your chances of success, while also learn with other's failures / mistakes that will help you to avoid doing the same, yeah right, it's very important to accept the fact that there's no easy and perfect way you are not exempted to encounter failures, you just need to work on it and see the positive side out from it, once you deal with those experienced in the right way, you'll see the best outcome to comes up to you. |
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no one knows for sure what will happen next. for traders every moment is an opportunity. an opportunity to buy or sell. but for investors who trade long term, maybe the current situation is the right time to buy and hope prices will return high. confidence and patience are the main capital for long-term investors.
Different approach from different people, but for most traders they'll keep finding ways to see the market in a positive perspectives, knowing that whatever it is inside there's always opportunities to earn, either for long term or short term process, as long as you know what you're doing it's still best to continue investing from this market. |
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We can't vouch that a trading strategy would produce a 100% profit but a good strategy should give you more profits than losses. For Btc which could be considered as a range market for now I feel trading the most support and resistance setup would possible make a trader smile at his or her wallet daily. For me strategies that has good price action setup has the potential to make you successful as a trader.
Its a double edge sword strategy actually. If you are pertaining on trading coins with high ATR. Your can suffer great loss if your position is in opposite direction of the trend especially if the support/resistance break while you have position setup against it. But still it's the best strategy to benefit the most on this volatile market. High risk High reward move to be exact. Indeed, with high risk if your position succeed then you'll be compensated with much decent amount, while if the market turned against you, the outcome is much faster than you'll imagine, what's best is you fully understand what you are doing and you are more willing to handle all the risk that it takes. |
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under $30k again? I don't think it will happen again, because when the Bitcoin price dumps below $30k it's just a wick,
and that is a sign that the support in the $30k area is very strong, of course if you think that bitcoin will fall more than $30k you will miss the train ,
buy when the price is $35k to $37k because thats a good price for enter
Any position that you take if you back it up with good research will give you benefits in the long run, We can't say that it won't happened again since there are fuds that may happened and bring the entire market to shake down and those weak holders will add the pressure breaking the strong ground. |
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After the news of doge listed on coinbase pro, the price is increasing. Well dogecoin deserve to be list on coinbase pro because many people supports dogecoin and still believe that it can hit $1 soon.
Even though Dogecoin is currently listed on Coinbase Pro, I'm not sure it will hit $1 soon, because Dogecoin is basically a joke coin and of course everyone is aware that Dogecoin is not the right coin to invest in. Moreover, recently Dogecoin has become Elon Musk's main target to manipulate market prices, so that without us realizing it, many investors are currently losing some of their assets because of Elon Musk's actions. It could $1 very well quite soon. Allow Bitcoin to have another boost and things could escalate quickly for Dogecoin with a coordinated pump. It is not that it's unlikely or impossible, but it will depend on Bitcoin's performance I am sure about that. It's not impossible in the case of coordinated pump, once the market bounce back and the demand for crypto investment push for more, we will likely to see that Doge will gain another momentum, knowing that Musk still playing to this coin he would see another great opportunities to pump for more and bring more investors to this project. |
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It's people's choice in the end. If I bought some Dogecoin, I would set a goal and HODL it until I reach my goal. I wouldn't want to trade it for another coin in such situation. So I also think that HODLing could be better until a point.
That would be very funny to me, because not all coins can be suitable for HODLing within a certain period of time, because there are so many junk coins that have been forced to HODLing until now and do not provide anything for the holder, as well as Dogecoin if Dogecoin returns at its basic price, you will only get a breath of fresh air.  all coins can be held, no one can't, because if you trade on the spot you can hold it for the long term, yes you can in futures trading too, but it is very risky, because it has a liquidity price that can make you lose your capital, Hold Doge in your wallet and make sure it's safe If you do believe that there are good future ahead then why not but if you are into short term investment better to work with this coin in a short span, buy low sell high is still managable with this coin as it has a huge volume and the market keeps moving up and down. |
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I think this is a very good effort for etherem, because this is what crypto users who use the erc20 network expect, and this is a great opportunity to make pending transactions, with this reduction in gas costs, I believe etherem will become higher quality and more popular,
Low gas fees alone won't make Ethereum popular, if it was about low gas fees Avax, dag, near and a few hundreds of coins on the market offer low gas fees and yet Ethereum is still above them all, Ethereum is popular for it use case, example Ethereum is the first project to come about with "smart contract", binance smart chain is just a replica of Ethereum blockchain with some advanced features, Ethereum is almost as popular as Bitcoin. The stats shows it all, not just with the fees but the developments and the usages of this coin that makes it more popular than other available alts, ETH is a solid project where developers until now enjoyed the functionality of the system. Just good for now as fees really got lowered compared to the last high. |
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Second week is about to end on 27th, we are almost done with the weak hands. Now it's time to bounce back to above 50k. Obviously not in a day or two, it will take at least two weeks more. Cheers !!
A lot of people are still saying that the price will reach $100,000. I hope this is true. I saw a post yesterday, a guy that was talking about 4Chan’s post and saying that the recent fall in price was planned by the whales for a purpose which I can’t really explain. And according to him, he strongly believes that the market will back up again. I don’t know how true that is, if the market does go up a lot of people are going to be happy about that. Although the thought that Bitcoin is being manipulated doesn’t sit well with me. Nobody likes manipulation in any in form and in any market. Well, I would say it's matter of Fud and Fomo that changes the people's minds and we can't actually eradicate the market manipulation. No one wants and like that to happen I hope those who manipulate the market should get punished. They aren't helping the people or either the market, they were just making money from the small fish which is us. I am bullish with Bitcoin and I believe it would break the strong resistance and record a new ATH again. Looking forward to seeing the $100k but maybe not this year, maybe in the next 2-3 years. We can't punished them for now as we don't have any idea from how they are working behind, but if possible to track them down and find ways to really removed them from this market, it's much better to continue our journey without those artificial market movements, but we need to face it and we need to work on our own sake to protect our investment. |
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Best altcoin to buy is the coin you have properly research and come to the conclusion in your analysis. Buying random coin or suggested coin will not help you to hold when the price flunctuate and when challenges come! In Cryptocurrency, you must simply buy your conviction!
Well said. A lot of people, newbies and not are asking for the same question thinking that there will really be some good suggestions that will come to them. But little did they know that it's always the best idea to do their own research instead of taking those suggestions and rely on what they've researched because they'll know better if they use their own time researching what are the pros and cons of the coin that they're researching about. Nothing will beat doing your own research when it comes to investment, you can address all the situation in clear analysis before jumping into conclusions, most of the time those who forget about researching are the one who lose a lot of their invested capital, you'll be safer or the chance of losing is much lesser if you do your homework and not to be move by any suggestions. |
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I think theres no long term effect on Bitcoin at all,
Most of them couldn't be seen as competitors because most of them would just end up dead or worthless.
There are already tons of alt-coins I think the only effect it has is they bring new investors in crypto somehow.
We all know that no altcoin can compete with bitcoin, however I really think altcoins have the effect of slowing down bitcoin and if anything I think they have been the main culprit that bitcoin is not widely adopted yet, after all governments are going to try the same tactic by creating their own coins and claiming their coins are better than bitcoin because those coins are going to have the government behind, so while over the long term most coins will disappear the effect they have over bitcoin is real for me. I see your point and it's already been done by China, creating their own versions of crypto then banning crypto mining from their place to bring pressure to their people, alts as we know it, being created to support bitcoin and offer different approach where they've think bitcoin is missing. But for those true crypto followers bitcoin will continue to dominate this market. |
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