A sudden price drop in the crypto markets along with the deepening points loss in the dow jones point to a a slow and steady downward trend as of late. Is the bull run of 2021 over? Are these the marks of the beginning of something much worse to come? A major recession, a new crypto winter? What could possibly be next? Any comments and thoughts are more than welcome.
The price drop that occured is definitely correlated to Elon Musk's removing of bitcoin as a mode of payment in Tesla. He has a huge influence to investors considering that he is a billionaire that's why the price of bitcoin was hardly affected by his decision. He is currently supporting dogecoin and no one knows yet what is his plan with it. So far, bitcoin's price has finally recovered and at almost $50k once again. Bitcoin is a strong currency that's why we should never give up on whenever it experiences a struggle, just like what it always does, it will soon recover and exceed more ATH in the future. Sure, Elon Musk can't shirk responsibility when this is basically a deliberate act, he wants people to adopt a new product in payment and that could be dogecoin and very quickly, we will realize that Elon Musk's absence is sometimes a good thing, someone who causes too much trouble should disappear. Dogecoin should also go down the same path when Elon Musk has put his hand in, this cake won't taste as good as many people think, bitcoin is still better according to the community's opinion. Crypto investors are already wiser than before, it's been an experienced that whatever happened there are always a newcomers that will provide, bounce is already happening now and we are again seeing good market movemets, after that dip another green are showing to the whole market. It's not Musk alone but there are many investors around this market they'll not going to let this manipulations to continue, but they are good riding with it. Be very careful and observant. |
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Do not forget that, crypto market itself is always associated with some potential risk. Nowadays we may see a large number of coins, real or scams, generated on daily basis. No matter on which asset you want to invest, we have to check the contract addresses and reading the whitepapers will give you an idea on the feasibility of the project. By doing so, sometimes you may find gems within the new tokens.
Sometimes and that is too small but possible if you are really keen in finding one, though the risk is much wider especially getting scammed by those people who are good in hiding their intentions for creating projects, there are so many factors that you needed to take care before dealing with anything inside this business. |
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I think they are similar but different
what I mean is elon musk just mean use his name on doge (not too greedy) whereas McAfee is a very greedy person and uses his name in many scam projects
Use his name to split from those many shitcoins and accept payments for chilling about new project (McAfee) While just like what you have said about Musk which he's playing with Doge and he's really hitting on it and making huge market movements. |
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yes of course but for me seems not good at all when it comes longterm because there's a high possibility it will turn down again such what happened recently with dogecoin because of some sort of issue around the internet from elon's . Right now there are some FOMO but soon when it shows a negative result for sure panic selling will happen again.. Too good to be true.. This doge is good only for short term. The only thing there is knowing the timing and understand the sentiments, Elon Musk is really moving this coin and all those who are working behind him are really aiming to earn from each post that he's writing, thinking that money will be easy flowing once he make his statement. be wise and play wisely, shorting really appropriate with with this asset. |
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BTC is moving around 50000$ at this moment and it looks like it's going to jump back to its previous ranges. Also why everyone is jumping around like Elon is gonna sell his Bitcoins..!! He's not gonna, I bet he bought more in the dip and increased his Bitcoin portfolio.
We don't know what inside his mind but following his influence from the business side, the possiblities that he's buying for more is very possible, he knows how the sentiments of most investors and shaken them by creating some damage to the market will simply make this fall, opportunities for him to buy and hold and make more money out from this market. |
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-snip-
Always look at project partners before you choose to join an IDO or IEO, during 2021 I am following launchpad on top exchanges running token sales like TKO ( this is not investment advice) but when you have a coin or altcoin backed by a good partner it will attract many investors and traders who want to trade there, so that you can take advantage of the trade or become an investor who holds coins for a long period of time. That's the very advantage of each project who do have partnerships with real business, from that offer they'll gathered investors interest, there's a high chance that this project will grow, with progressive developments along the way, more and more traders will see the potential and also start investing to the project. |
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We have seen a dramatic loss of dominance of Bitcoin in last few weeks. That suggests that the people tend to invest more on high-yield alt-cons as the investors started to believe on the arrival of alt-season in the near future. As a result, more money will flow out of BTC into altcoins.
The opposite might happening right now, not the alt season that favors the investors but the season where bear are now taking the market away from the bull, it's a huge fall now from those top alts that acquired good run after bitcoin hypes up and bring the market to a much better position, still in the hands of strong investors to keep things up accordingly. |
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If you look at ELON AKITA, they suffered the most, but SHIBA INU not so much and as you can see, they are gradually renewing their positions. I know there are many other projects, but I was the least affected by FEG, they actually burned 50% of the tokens. It's funny that they were attacked because of fake information. I'm just shocked how people are being manipulated.
There are more good projects that have strong fundamentals than those meme coins who are now hyping the market, those who bought at the peak are now regretting as the value of their investment is much lesser from their initials, though those who made it in the right timing they are the gainers before this current downfall happened. |
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Another dip on it's way !!
I think we will be hitting $42k - $43k in the upcoming dip. I wonder how long will this correction last.
Alts are bleeding in USDT pair which is obvious since bitcoin itself is getting dumped so bad.
Wow close to that level now, Bitcoin @ $47K if this trends continue we might see that value in next few days the whole market is bleeding and those who bought at the peak are now suffering from this huge fall, 12% down inside the whole crypto market, it's unpredictable what might happened next. |
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Based on the cryptocurrency projects that have seen good and sustainable success over the past few years, the recipes for success isn't just about having a good concept or a good team. To be successful in the blockchain cryptocurrency space you have to create a project that actually satisfies a pressing need either on-chain or in the real life.
A project is likely to be more successful If it solves a pressing on-chain problem.
This is even better because blockchain technology still has some way to go before it fully impacts the everyday lives or people like the internet does today, so there is still a need for projects that makes these blockchain integrations faster.
Such projects will always be a key part for the blockchain infrastructure in the long run and is almost guaranteed to be successful.
The cryptocurrency space needs projects that think outside the box and not just different versions of existing projects
This combined with other important components like; A good team, important/strategic partnerships, good marketing and actually delivering on the project's promises is almost guaranteed to make such projects a big success
Don't forget a good financial backer. Without good funding, you cannot continue your activities. The project team also needs a good financial adviser, the one that can analyze and design a good strategy with minimum spending. Financing is the fuel to any developing project, so having good funding plus a good financial strategist will greatly help the project to sustain and maintain its effectiveness for a longer time. it's important to have this kind of people behind the project, they are the one who will budget the development and they will manage the finances, good handler of finances really help the developing team organized each part of the developments, from advertising to developing there's always money involve so you are right that this part of the team is also important to succeed. |
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With ETH 2.0 and the EIP-1559 proposal forthcoming, we predict that there still be a long way for ETH Bullish and ETH is possible to reach $10,000 this year.  Its a clear uptrend on the chart. It is still keep moving to the up. We have seen that the price has moved rapidly on 4k$ and up avobe. I think if its not touch 10k$ but more chance to reach 6k$ within this year. So that i am filling my wallet with eth hope this trend will keep continue. If you have that idea and you do believe that it will reached that this year, best to keep buying and hold your ETH, Though it's possible to reach that value but for this week might be tough since there are daytraders who can interfere with the current run, also some whales who knows how to play and shake the market will show some dives, but within this year I agree that it will hit that amount. |
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Bitcoin and ethereum is now increasing the price day by day. How how to choose and invest the coin. Bitcoin or ethereum which is the best future investment and how to invest the coins. Kindly explain me the Bitcoin and ethereum coins deats. Kindly share the link also. Which is best opportunity for invitations coins. Kendriya give me your advice to invest the best coins
Bitcoin is still the best for long term investment bitcoin is like a king for other altcoins if the price of bitcoin goes down it will affect the price of other altcoins including the price of ethereum coin but if ethereum coin goes down then there is no effect on the price of BTC. The hypes among crypto begins with Bitcoin, afterwards those alts that have good fundamentals recieved investment from those investors and traders who already earned from their Bitcoin investment, we see lots of movements from ETH currently and if you do invest with this asset you already gained decently,. |
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People who don't want to be involved in too high a risk, of course, prefer stock investing as the first choice and for people who want to get rich quick and are ready to accept all risks, of course cryptocurrency investment is the main choice, but for me, stock investing is the main choice over crypto investing, because the legality is clear even though it is more stable
- Agree that stocks have a high degree of legality in countries but the stock market also has very high risk games, they are a game system with a global reach, the number of people is not small, so if we evaluate the risk, I feel the stock market is probably a lot more complicated, too many components could increase our loss. The crypto market is still relatively little known, almost all of us just need a relative knowledge of this market, narrowing down the scope of options and achieving profits is too much, the risk switch only turns on when we put more ambition That's the advantage, if you think of the risk oth have it, but like what you mentioned, inside stocks there are so many influence that you needed to consider, with so many factors to understand it take much longer time to have a much safer venture, while with crypto which still small compared to stock market, enhancing your skills is more possible in a much shorter period. |
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I'm a regular user of myetherwallet, they suggest me an average gwei before making withdrawals request my ERC-20 standard tokens. https://etherscan.io/gastracker nice site to take idea the present network fees but I always use custom option and set my gwei between low and average number of gwei. It require only couple of moments to affirm my transaction. But, I suggest choose the gwei number on your priority. You can use this tracker to check the amount of gwei to use, though you can customized according to how you need your transaction being process, if you are in need and you want to have a quicker transactions paying for priority is the best option for you, surely it have much higher fees. It's the only option if you are in such a hurry. |
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ETH prices are down very low. Is this the right time to all in ETH?
If you are one of those who invested last 2018 and went all in with ETH and you are still holding it, you will definitely gain lots of benefits right now. Even now, you can still go all in with ETH because many are expecting it to have a value that will keep on increasing. The only problem right now is the value is already high so it will surely trouble you if ever ETH fails to make a bull run. You can still diversify some of your investments to other altcoins that has a potential but if you are confident enough about Ethereum reaching a $5k value soon, invest mostly there. ETH was $80 way back 2 years ago and those who bought and believe up to now are really enjoying lots of profits, taking all in if you are followers and supporters of the project made you what you are gaining right now. It's a tough call as there are many corrections and struggles but if you hold it up and trust the project in you'll earn veery decently. |
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Justin sun will make something special for trx if Doge coin raise to higher price, I see many time Justin Sun not happy with TRX coin have lower and cheapest price than doge coin, but its true now more than 3x Doge have higher price than TRX. Justin Sun will looking thousand way how to make trx can touch all time high price and give profit for his investor.
Then everything will go according to what it does to the market, with the doge coin visible beyond the trust of famous people manipulating the price, I find it completely pointless. And TRX is much different, maybe over the pastime people have not been satisfied and judged it in many negative aspects, but in general, this is always one of the most preferred and used platforms in the crypto space. Familiar people who are capable of manipulating the value of their assets, it's difficult where to stand as you are prone of losing your money once you invest at the peak and correction hits you up, best to make sure that you are following the full development and not just because of the wave of pump. You'll have lesser risk if you truly support the project that you'll going to buy and hold. |
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Binance coin has grown tremendously over the paste few months with Ethereum gas fee rising, bnb stepped in as an alternative fro carry out all the necessary transactions, and no doubt it has become much popular right now, with bsc becoming a breeding ground for all new projects now, I think it has become the new Ethereum in town, the rate of projects growing on ETH blockchain has slowed down I believe its due to high gas fees and scalability issues, while bsc tends to solve this at the moment, I think bsc will remain valuable for a long time without any doubt.
A project recieved support when there's usages that gained interest from both investors and traders, BNB showcase it's usages and now gathering more trust from the community, taking step to another level of competitionsm not just an intrument for investment but also provides a good chain for developers to maximize the usagaes of BSC with a much lower fees. |
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In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone. Source: https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.htmlBased on this article, I could remember the old days while bitcoin still at 10k each. Many speculated about $1m per btc, but what happened was $20k surpassed until $60k. Because of unpredictability, bitcoin has reached that value unexpectedly. Not matter how crucial the price fluctuations is, don't even give up and stay strong with your decisions to hold until such time $1m will become reality. I am among those who believe Bitcoin in the next 10 years will reach a price of $ 1M, so I continue to collect as much Bitcoin as possible starting from now. Because who knows Bitcoin can reach the price of $ 1M sooner than many people predict, then I'm ready for that to happen. To reach a price of $ 60k this year is relatively fast in my opinion, because Bitcoin price movements are very difficult to predict. So I suggest we collect as much Bitcoin as possible, so don't be in a rush to sell the Bitcoin that we have. Because it will be regrettable if Bitcoin finally reaches the price of $ 1M but we don't have that much Bitcoin. Collecting every satoshi that you can while waiting for that huge value, a good strategy if you are doing it using your spare money and time, if you can keep it and you don't have any plans to use it for sure you'll see the results that's very profitable for you, law of supply and demand will make this things to happened, keep your asset as your personal savings along the way. |
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If it's only a matter of 100$ then hold ADA for now. Also, ADA has recovered significantly from the point when you posted this, so if you don't feel like holding it then better to sell it for BTC. Recently BTC is fluctuating too much and there is no proper speculation on which side BTC will move so hold USDT until it settles or if you believe in the long term then just buy BTC and forget it.
If you believe with it then it's really good advise to buy and keep it inside your safe wallet then forget it, either setting a target and make sure you have notification alarm once your target already been reached it's the best way to sell it out and take your profits, better than keep checking the market and be shake when you see the value dropped a lot. |
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I don't need too many reasons to invest in this coin and I have almost x100 return, and of course it doesn't affect the entire investment no matter where it goes, but I'm different. For everyone I don't expect it to surpass $1 or more because I sold all of them to protect my achievements and the greed won't be for it at the moment.
What's important when investing to this project is you already satisfied your needs, you don't need to chase such amount if you are afraid of losing your chances, take your profits and move forward. Unless you see more opportunities then taking another position in a much lower price is also possible. good anticipation that comes out from your good understanding. |
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