you can get it even on every site or telegram group you visit, usually they offer free or paid depending on your wishes, I have never tried a paid site but have entered the free signal group, and not too sure of their predictions, I mean do some research before buying a coin.
Do deeper research before investing your money, even you find some free tips coming from any social media groups, it's still better to have your own knowledge, many times it happened that signal group only gaining profits from blind followers, those traders who relying their fate to the tipsters, you should learn how to take actions in every market situation to prevent losing your money. |
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Stop loss is primarily needed when you trade futures on the spot market, it is also needed, but you can also close deals on the market if you constantly monitor the chart.
Also, a stop loss is needed, for those who do not often analyze rafic and in order not to drain their deposit, it is better to set a stop at least at 0.
Better to have this feature if you are not always checking the market, it helps a lot in terms of avoiding huge losses whenever collapse happened with your asset, stop loss will allow you to top up your profits even you are not monitoring the market, trigger point when you place your target automatically allow you to gain from your investment. |
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Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.
Who's right? Let's discuss.
I think they are all right, because every moment each person's judgment is correct at that moment. At any stage, the market will have different problems, and we cannot judge it as you think. They are not the main product so whatever they say might affect or may not, still depends from the people who will follow this market and make their investment. We do need to learn from how the market been affected since those people provides opinions in regards to crypto industry, make sure to analyze and always find every opportunities out from news that being provided.. |
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One way to stop being trapped by the scam is to stop being greedy. Most of the times its the greed due to which we take interest in the offers which are not realistic ones. If an project is offering you a lot of free money/token and in return asking for your keys, then beware that it would be a scam.
This is already a mentality. People with small incomes are most likely to burn out. Since they want to get everything without investing anything, such people are usually left with nothing. They are trying their luck hoping that by chance the work will gain compensation, but since they are not careful and just participating without taking efforts to investigate, most of them will just ends up nothing, waste time and effort recieving few to nothing in returned. There's no other way but to deal with your DYOR and wish for luck to accompany you. |
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Maybe people need to read more about Bitcoin and what its real purpose is. The way I see it, it seems like you are worried it’ll drop off at a certain amount and that it’ll take a few years for you to gain interest from the amount you’ve invested in Bitcoin. Trading is not for the weak of heart, and you’ll never know Bitcoin might slowly recover just like what happened in 2017. You just need to hodl your coins or you can sell them if you feel like you’re not getting a lot of interest from it.
You have to set your priorities and not just investing without any knowledge about the platform, Bitcoin is for those who have a strong nerve and willing to hold and add more when the market is falling, they are the best benefactors from this venue of investment. Anticipate and try to work for your deeper knowledge, you ca change your view point after learning the process. |
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Check Sovryn, the starting price if I'm not mistaken was around 9000 satoshis, and currently, the price has reached 120000 satoshi, and it's still growing today. for coins reaching up to 100x, I think it is very difficult to find at this time. however, if the coin has a very high potential, you can see what I am mentioning, or BNB.
that's huge and for those early buyers who manage to buy @ 2500 sat they are now enjoying that huge amount of profits. plus Sovryn offer this kind of stake "SOV Offering 300-500% APY", with how the value rises that much and you still staking your coins. There are still gems out there try to go deeper and follow each developments of your chosen project to support. taking up to X100 folds is for real. |
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They are both the best coins and why choose one if both have the potential to reach for the new ATH, there's no need to compare from both sides but just look at the rates of these two coins. I have long been adding to the portfolio for these top two coins and the profit is growing, so it's a disadvantage for people not to invest in those two coins or any of the ETH and BNB coins.
It's an advantage to those who consider taking this venue for long term investment, like what you have said this two top projects are generating more value, though we can expect some downfall once correction take place but the very potential that it will bounce and reached more higher value is always possible for this two assets. |
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Bitcoin price movements can fall if there is bad news and various negative issues that attack bitcoin so that it can influence the whales to dump and make small capital players panic, so that new bitcoin traders will definitely panic too and will sell their assets at a price cheap. but you have to realize that the price of bitcoin from year to year will always go up, if the price collapses then leave it alone because doing traditional trading is more fun and you can use it for long-term investments.
Use it for long term investment is one of the best practice, by using spare money you'll never be affected in whatever market movements are on the process, you'll always aim to maximize your profits by setting your target goal. From here the chance of losing money is lesser, as long as you understand what you are doin and you beleive that the market will continue to grow, you always have the high chance to earn decent. |
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boost in some country, not all country. some of them just take money from like tax for crypto user. they admit how strong bitcoin, but no action for future. and im not sure if they can make bigger it price from that 'policy'.
some party will try to erase this stuff because they can make them shake. but, as time go by, this party will follow this flow, not for increasing the quality, but just for personal gain.
More om personal gais and not for boosing the entire ecosystem. If only they really care about the system and not just for the taxes that they'll get after some implementations of any rules that they'll think that benefits them. But logically right, once government shows interest then there are many factors that may affects the value of Bitcoin, wait and hope for the betterment. |
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People be like Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  today, isn't this laughable?? I be like It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now That depends on the coins You/We hold actually, if we know the coins really has a full potentials to increase in the future, then your statement is true and correct. And one of this example are ADA, VET, MATIC, and more something like that. But if the coin you hold is not is not on top in the market I could say 50/50 chances. Those who hold those said coins since the beginning are now gainers with huge amounts of profits, those coins already pumped up with many folds, you can still ride but needs to be furios as the market can bounce down and corrections may takeover, timing is yur friend with those long term assets. |
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Elon Musk just announced that you can now buy a Tesla with Bitcoin. He also says that they will not convert the BTC to fiat.
It was already late when I heard the news about Elon Musk. I just read it here in the forum few days after. I believe this whale gives a great help for the publicity of Bitcoin. Of course, this can be also a good reason for the price of Bitcoin to rise. I want to keep holding my bitcoin. I am also thinking that any other big business may follow this mode of payment if Tesla earn positive result through this strategy. In that case, Bitcoin will keep on becoming more expensive than today. Expect that to happened once there are more supporters and more adoptions that may take palce, Tesla is well-known behind Musk and with him very vocal supporting crypto there are many followers of him that may divert their attentions and investment to this system, the value may pumped more as you said due to many users and holders. |
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It doesn't have to be soon. The important thing is that sooner or later Elon will start pumping the DOGE price again, whether it will be in half a year, in a year or even in a few years, it is certain that sooner or later the DOGE will reach the $1 level. HODLers will win again!
The Dogecoin hype has spread at this time, but I don't believe it easily, we never know how many Doge coins Elon is currently holding, and for sure a big investor can't possibly only hold one coin, because Elon could make Dogecoin pump just a fad. and only for entertainment. He can do what he desires to do, he's money and it's right whatever direction he pointed. The fact here is Musk holding huge amount maybe, and if he push this coin much harder the better value it can proceed, though if he do the otherside then expect that the value might fall, can go back to the current state or it can go and up and reached $1 or more. |
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I do not see any harm in this. But someone who will learn about this market should definitely start with bitcoin. bitcoin is the pioneer of this market. at least if he knows what bitcoin is and try to understand it. Frankly, it didn't seem wise to me to study other things without knowing the source of the market.To know what bitcoin is is to understand this market.
You've got your point there's no harm if your kid is willing to learn deeper regarding to this market, Though the value between this two crypto might the changing factor, if you are just throwing 10 doge for practicing it won't hurt that much, but if you'll going to throw portions of your bitcoin just to waste that might be affecting your investment. |
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~
Very good advice, if we have never invested in cryptocurrency, we should start holding with Bitcoin. Because Bitcoin is indeed the safest to buy, don't be confused about choosing other coins that are not necessarily safe to buy. I also believe that if someone manages to make a profit by investing in Bitcoin, he will also find it easier to get profit on other coins. We have to be patient investing in cryptocurrency, don't rush into investing in lots of coins and hoping to get a big profit. Because no investment success in the crypto world is obtained instantly, it is necessary to go through a long process. Even though you think that it is a good advice, you still have to take it with a grain of salt, what worked for me might not work for you and I would really feel shitty if someone followed my advice to the heart and they failed miserably because I feel like I owe a part of them from failing so take everything on the Internet with a grain of salt no matter how good it is. Really depends which crypto you are hodling because some might take years before being profitable. That's reality, what's good for you might not the same with others. But it can happen like that if he just not follow you blindly but he also deal with his own research. Following with responsibilities makes the trader in much better position, he'll be able to adjust as knowledge is on him. It's important to have this type attitude the market is wild and you are the driver of your success. |
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Nothing will replace bitcoin. If there is an altcoin that can replace it we can be sure we will see a crash in the cryptocurrency market. The blockchain that exists today is also because it was originally from bitcoin and if it is replaced, of course there will be new technology that in the future will make people interested. for now nothing can replace. the marketcap itself is also quite large at this time bitcoin
For now, Bitcoin will continue to on top and it will be tough for any alt projects to surpass its success, Future is not ours to dictate, the conclusion of what will happen on that day will still unknown and only time can reveal the fate of this industry. Bitcoin dominance from how we see it today is really still on its peak, alts are following but nothing is really taking that huge move to replace bitcoin from the top seed. |
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Dogecoin is getting more and more attractive to investors since Elon Musk made tweets about Dogecoin, it turns out that a lot of Musk's followers are affected. And buy Dogecoin even at peak prices, whereas previously Dogecoin was just meme coin like you said. But now we cannot underestimate Dogecoin, even Dogecoin is in the top 10 cryptocurrencies, even though the demand for Dogecoin is still quite high. But it doesn't guarantee Dogecoin won't crash anytime soon, so keep an eye out for Dogecoin holders, I suggest selling Dogecoin if it's already profitable. Then looking for the next Dogecoin is not easy, due to the fact that there is no other altcoins that Elon Musk is promoting besides Dogecoin. So we really have to be patient waiting for Elon Musk or other influential people to promote other projects. That's true, we don't know if how long Musk will keep pumping this coin. If you do have decent profits it's good to let go and wait if what will future brings to you, either you buyback if the value fall that hard or look for another project that Musk will promote. High chance that same thing will happen once Musk show up and support another project, keep yourself updated. |
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There is always a possibility. If the government think that stablecoins are fraudulent and that is is used to launder money then there is a huge chance the the government will se it as a problem and will file a criminal case against it and/or order for the ban of the stablecoins in their country.
That's facts which mostly considered as government till today still seeing that side of crypto industry, if they see that stable coin which is the version / representative of fiat inside this market are being use as a channel for transacting illegal activities, the chance that they'll chase this coin to the point that they'll abolish or destroy it's existence from their jurisdiction. |
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Everyone wants to gain profit but not everyone is capable of it because we all need capital and that's the edge of huge companies like Tesla. That's the reason why some people say that rich people become richer because they could grab this kind of opportunity easily. We aren't blind not to see this but we can't do anything about it. Elon is taking advantage of the opportunity but no one could ask him to stop because we all have the freedom to invest and take profits.
it's not that we can't, but we need to do it step by step. you don't need to be rich to start, many bounty hunters are now looking for capital and then use it for trading and storing their coins little by little will benefit, Improving your chances will helps you to grab this opportunities, but like what the post above said, rich people have a much higher chance to grab since they do have enough funds to invest, that advantages really seperate rich and ordinary investors. Musk is really taking everything he's enjoying while benefiting from his chosen venue of investment, must need to create our own system to get our share. |
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Yes I agree most bounty hunters ends up being scammed due to their greediness,
No question about it, greed makes them pay as they've forgot about dealing with deeper analysis. They ignore the fact that those campaign or project could be scam or they are too lazy to even check it.
Most of those victims just simply participate in hope to gain quick profits out from alluring offer of scam developers. They would just join any bounty that they could they and for me it is a big waste of time.
Big waste of time, even you didn' pay or invest your money but the time and effort that was wasted is also important. If only they would spend more time checking the campaign or project than just joining it they could have a higher chance of earning than getting scammed.
The first thing that they should do before starting their participation, the chance of joining the right project is in your hands. |
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Apart from Elon musk hyping dogecoin these past months that got price hanging at $0.05 now the price has gone skyrocket. The skyrocket price of doge I believe is becayof the high fees of bitcoin transaction.
Dogecoin is proving to be a more optional coin to bitcoin and that is undoubtedly pushing price high and for the first time dogecoin has made a return to faithful hodlers.
Honestly I am some sort of agreeing with you as we must need cheaper transaction based payment option to spend for our day to day life. Bitcoin is drastically moving toward a point of becoming a complete digital asset hence spending bitcoins for our daily life is becoming as non sensible one by considering about the future price levels of bitcoins. These days (before dogecoin's up surge) I am making use of Tron for paying some of my expenses but after dogecoins entered into 200 satoshi region for the first time, some of my spending places started accepting/demanded for dogecoins; compared to dogecoins, currently I am spending low fee with Tron still I am comfortable with dogecoins for payments. Bitcoin fees is really hurting our butts, finding alternatives is the best way to continue transacting using our crypto assets, if OP find Doge as good alternatives then he really made a good decision as fees and speed are both okay using Doge chain. With TRX, I also use it together with XRP whenver I transfer some fund between exchange, I find it better than using BTC or ETH. |
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