Litecoin doing good this year during the bullish months we had and saw some youtube videos that litecoin will be big this year if bitcoin can recover the massive dip we have right now. I like blockchain of litecoin because of its efficiency especially with less fees in every transactions that's why bought some few in this dip market.
Lesser fees as its backing up Bitcoin, and it surely go further once bitcoin recover from this market fall, Litecoin always moving when there's a good bullish move from Bitcoin, one of those oldest coin that still god for investing, expect another strong move best time to go deeper for this asset. |
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Bitcoin may have been used in bad things, such as illegal trading, illegal selling of goods, illicit transactions. But it's different now. Maybe some of it still exists. but we have to be wise to use it, we as people who invest from bitcoin are more interested in the technology that bitcoin has than thinking about the negative side of bitcoin because bitcoin gave birth to technology that never existed before.
It's a different story now, bitcoin is no longer for those who only use it as a tool or channel to illegal things, there are institutions now who work and adopt this system as a good channel for payment transactions though it's still not wise to use it as main currency as it had decentralized nature, using it without any control simply allows people not to pay taxes. |
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If Visa has started the use of bitcoin, this is the outcome to PayPal adoption earlier. We are going to have bigger adoption that will surprise the hodlers. There are many more awaiting and 2021 will give more opening to bull when other payment system join the adoption.
The use of crypto to accept PayPal crypto has increased a lot and its transaction system is becoming easier, so if Visa is added the demand for crypto will increase even more. Not just for bull run but many new companies will adopt crypto which will increase the use of bitcoin a few times. It will increase the popularity of Bitcoin once Visa also start adopting this system, after Paypal the usages of crypto creates more interest withing the business sectors. More adoptions means more investors to start moving to this venue of investment, it will simply bring the value up if there are more holders to venture to this business. |
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in fact if we start from the basics it is very difficult because we do not yet understand exactly what bitcoin is. but for those who are used to it and have been in bitcoin for a long time, everything will be normal.
what is really needed is to learn first in understanding about bitcoin as well as how bitcoin works. but this important point is sometimes forgotten by everyone so that they immediately jump into bitcoin following those who are already senior but do not understand the policy.
This is what makes bitcoin difficult for some people
I totally agree with your opinion, if we want to learn about bitcoin, we have to learn from the basics, don't invest right away, follow as our seniors do, everything will be easy if we believe, but it will be difficult if we are not serious about learning bitcoin .. the more we ask the seniors, the easier it will be for us to get to know bitcoin.. It's a must to learn the basic first before you place your money inside any industry, Bitcoin is here for us to learn and for us to enjoy the usages, not just for investment but also for good alternative for our payment process, take time to research and review future will good enough for your investment journey. |
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I wanted to sell some of my BTC when it was 60000$+ and I did half of what I had thought to sell. I needed the money for real converted most of it to cash but it was not an exit plan or anything. I don't think much about the price if I need the money. My alts got rekt and most of them are at 50% level of what they were.
good for you if you managed to sell your Bitcoin when the price still at that point, though you mentioned that you didn't plan it that way, but in terms of value it's good for you to enjoy the value, with your alts if you don't need the money better to keep it for now, bounce will happen anyway. |
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Despite that Bitcoin is still just more than a decade old, it’s still young and has long ways to go before we could finally see massive adoption around the world. If I were to have kids, I would hold and accumulate some BTCs for the future. Holding for long-term is way better than day trading. It’s all about leaving a great inheritance to our family’s generation when our time is up one day, and let our future kids enjoy what we have prepared for them.
That's a risky move though as there are other venues that are available already like health and life insurance or something of similar nature that are much more stable than cryptocurrency, my game plan would probably be a 50/50, 50% in life insurance and 50% for cryptocurrency and other modes of investment. You have a good overview if talking about investing for your kids future, you can split it up same with the way you foreseen the future, investing with thier education, health and financial insurance then adds up crypto this way they've got all the available options in case one experienced failure then the other sides are there to shoulder it up. |
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for now that's not possible. but for the future it will definitely be achieved. Currently the market is under pressure, and bitcoin cannot maintain its value. it has an impact on the market as a whole including Cardano. and maybe in the future the market will crash and make Cardano go down. so the opportunity to go up depends on bitcoin. if bitcoin can return to the price of ATH, other altcoins will rally again.
Most of the time that happened but there's also opportunities that certain coin pump even without the help of good market from bitcoin, when there's updates or something that affects the development of the project ,chances that it will pump and create a good run take place. |
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BNB dump back to 300$ and i think there is still a chance for BNB hit 1000$ this year. The long bull run still waiting for us, and soon when it's happen BNB price will move fast so if you dont want to miss this chance, start to buy now and hold it until the end of year. Cheer!
It's agood opportunities to those who are aiming to invest to this coin, this current fall gives them the chance to start placing their investment, if you do believe that this project will able to provide something decent, the kind of movements will allow you to place your entry. |
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I don't think that can ever be possible even in future.
Ethereum blockchain is very good and wonderful and nothing can happen to ETH20 absolutely nothing.
If you're scared of the price downfall its the same with other crypto currencies. And the ETH can grow up to 10 thousand dollars by the end of this year so don't ever look down on ethereum.
Nothing can happen to ethereum
If you have that kind of trut for sure you'lll never think of any bad things that may happened with your investment, you always need to do your research though in order to have that trust, ETH continue to progress and more investors and old timers continue to believe that this project will bring more with thier invested money. |
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If you study the market and cryptocurrency, it is normal for it to undergo a bearish market.
You just need to understand that market is volatile and there are other cryptocurrencies which are profitable than bitcoin.
Some people are just holding until they see the market go bullish again but we don't know when that will happen.
Even if people do understand that the market enters the bear market, they will still do the same thing because not everyone has a strong hands when it comes to hodling and waiting for the bear market to end. There are different perspectives in terms of keeping your assets and wait for the situation to go back, people thinks differently, and the most usually failed and make ahuge mistakes of selling out with huge losses as they are losing faith with their decisions in taking their money to this investment venue. |
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This period may seem like the best time to fill up your bags, but be mindful of the fact that the dip may get dipper. So carry out your own research before investing in cryptocurrency.
Seems like that, the red market attracts investors to choose among those available coins that have potential to pump back, this correction gave everyone a chance to gain decently. The bull run has been ongoing for a while now and most cryptocurrency are over valued this explains why a market correction is understandable.
You need to consider this and sort it out, find valuable project that will continue to move forward, coin that won't be affected of this current dip, developers that will continue to provide development and not just aiming for quick incentives. |
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Many had to say that selling is not the best option, but to ask how you could generate income if you don't sell? Do we have to buy Bitcoin and hold it until we die? It finds to be funny...
and there is a reason why people sell their Bitcoin and there is also a reason why they HOLD. We got REkt because we overly expecting that Bitcoin will pumps even it was clear to see that it was declining and not able to sell. Maybe, if you can afford to wait another 3-5 years then go for it but we know that not all people have that kind of mindset and we can't blame them.
There are people who are willing to take that step, waiting and continue to hold believing that it will bounce back. Though you are right, there are many reasons and each of those traders and investors have their own expectations in looking for the best possible ways to earn from this market situations, needs to have a good setup plans in order work with your investment. |
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There is no guarantee that the recent rally of ETH will reach $6k but ETH is a very good long-term investment option, along with the impressive reforms and additions in ETH 2.0 it can reach 6 thousand dollars or more in bitcoin support zone. Just hold, I believe ETH's growth is very open. We are still in a bullish period.
Aiming for good investment asset, ETH will provide that it's one of those reliable project after Bitcoin, if you love collecting coin to hold for long term this project will never disspaoint you, hitting 6K always possible as the market continue to grow even there's corrections bounce will happen back. |
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We have so many of us here that are here for profit and they follow influencers blindly, unfortunately, the big influencers we have right now have created FUDS on Bitcoin, and it created damage to the market, the moment we stopped listening to influencers like Elon Musk the better we are and the market will improve, so far there's not much improvement in the market, it's still dipping.
I like that comment, the more we don't care about them the better this market will proceed, what happened to the market now showed that big names like Musk who created fuds really move the market, we should all liable with our action best to deal with your decision according to your understanding. |
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You did not lose, it's normal price fluctuate and all you have to do is just to relax, hold, and don't panic.
The time has come that the market is not bullish anymore, you should understand it, it's not new, we always see this kind of scenario even in the past, but what matters is to be patient and always trust the coin that you hold that will bounce back and will achieve a new all-time high again.
If you don't want to lose those possible profits better not to do anything with your current assets, the market will gain back the momentum, though it's not easy to predict when but the chances is always there just like what we witness way back, history keep repeating itself. |
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When compared to doge I am more interested in matic which is clearly trying to put themselves ready to compete with ETH, whereas doge is just a pump and dump pattern which all depends on Elon musk.
if investing is only based on hype if you are late it will be difficult to return your investment but if on something that tries to make the best out of what is already there it is the right choice in my opinion.
I see your point and it's for real and not just part of pump and dump manipulation of some well known influencers, Matic really playing and working for more better chances of success, offering investors project that have good future when time comes. |
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Cosidering the market movements buying from this current value gives you good opportunities to earned more when the bounce happen back, but before you take that call make sure to have a good research as chances that this fall will continue and bring the price more lower, best not to rush and chased the daily trade value but instead observe and decide whenever you are sure with your position. No need to do some research, I believe that bitcoin is going to go at higher peaks in the days to come, the market history as a proof is enough for me to put my faith that my capital will grow to give me a really big profit. Not sure about that, but yes if you are into long term investment then your assumptions still valid. Bitcoin will rise after this fall as long as you are willing to wait no matter what will happen along the way, keep your asset inside your safe wallet and let things passed on. Sell only after your target value already been reached. |
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for the week now the market has seen a downturn, but now it is starting to see a rise, and a big opportunity to buy during the downturn all depends on our return. and we have to check which coins we are going to buy.
You need to check and verify all the indicators that leads you to start buying the coin and wait till the price rise back again, if happened that you bought your coin when the market are down, if that coins are inside the top 10 project then you are now getting decent returned. The market is gain showing some good run and 15-20% increase is good enough for short term trade. |
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I'm also the typo who's never worried about the decline in bitcoin price? Why? because i've experienced this enough, and know that it will surely be up and down journey, nothing will go as smooth as we want. Bitcoin can stay strong if there are people who believe. That is the main point, if people started to go panic, worry, and losing trust and interest because of the price declining, then who will support bitcoin? It will only lead bitcoin into a falldown.
We need a strong trust to maintain, and even bring bitcoin price to a higher place. News shouldn't make us worried.
If only all people around here do have the same views that you have, but it isn't like that, there are people / investors who wanted to have a quick journey trying to short bitcoin and see if luck will permits them, once the market seems unfavorable they'll easily go and sell with losses from their investment. |
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Lol, how the hell do you make profit out of trading stable coins  I really don't want to give much thought but i think the OP is trying to suggest trading stable coins against volatile ones like Bitcoin or Ethereum. For instance, you convert your funds to stable coins once a dump starts and wait to buy so cheap later on. You can then later sell your profits when the volatile coin increases. If that's how OP seen this then it's very possible to earned doing this, though the chance of being stucked to any volatile coins is also needed to consider, not all the dip already at its end zone chances that more dip will happened and you'll trapped holding those coins, just like what happened last week, most coins falls almost 50% and now it's really hard to see if they'll be able to bounce back and bring good benefits. |
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