Upon checking in some chart reader bitcoin dominance is now at less than 50% which I think for every altcoiners its a good indication that we are near the alt season. Also we have seeing bitcoin price goes sideways.
Good news for people who are also engaged with alts investment, the dominating factors of Bitcoin is now much lesser meaning that Alts are also gaining attentions from investors, the sideways though are just another test and seeing the current movement the chance that it may bounce back to $60K level is very possible. As of the moment the bitcoin dominance is already below 50% and I guess that it can go down until 45%. With the bitcoin dominance dropping is a good sign for us to shift to altcoins because I can feel that we are now near to the alt season.
Like what we are talking above, the dominance is much lesser and for crypto investors who also eyeing for good and solid alt project, diverting some of your money to your chosen asset is also profitable. |
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With all of those unexpected dumps, there is always a choice of holding still. Trading isnt that easy, sideways are always happening. If you are too emotional it will just messed up your trades and your original plan will gonna destroy your trading plan.
There are also times that you are panicking because your money is at risk when market fails to follow your way, but with some patience and with having a back up plan like stop loss to minimize your loss, it is always better to have a plan B.
Most experienced traders always have good adjustment each time that the market unfavored their position. Stop loss if you understand this feature will help you to minimize your loss and have a better chance of recovering in a much quicker way, though it's not as easy as it is but bringing your full interest to this business allows you to understand every specific factors that affects this market. |
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hmm, both of them have been the richest humans in the world or close to number 1, so I think they both have similarities but are somewhat different in making decisions, both of them have an important role in the world of billgates with Microsoft and Musk with Tesla and Spacex so I won't blame and justify that , but if you have to choose, then Elon Musk's opinion makes more sense.
Elon Musk is already inside this business he's opinion make a good statement with he's followers, but getting your point about their own decision making, both have seen something that they are the only one who can explain it much further. Whatever the reason behind Gates position it's him who thinks about this industry, and whatever Musk see from this market, surely he already enjoying it. |
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Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.
I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.
However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.
I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.
If Bitcoin dips a lot, I will also buy some more Bitcoin though.
-*-
It does take a long time to do this, of course not everything is as lucky as you get, by only selling 5% you have got the initial investment capital that you have kept for 3 years. actually what you say about the risk of bitcoin is inversely proportional to your story of being satisfied that you have recovered your original assets, this clearly provides an indirect explanation that investing in bitcoin is very profitable. although it is a big risk if you do wrong and are impatient like you. of course the right thing if bitcoin goes down to buy it and save to wait for the increase again. You have done the positive thing. If some of the proceeds you have got to transfer to stocks or gold, there is nothing wrong in doing that, because it is just as good. of course all the decisions are yours who have the capital. but I made it clear that bitcoin is the best no one can deny that. The point still remain that OP is happy with his decision, it's take a long ride of holding and not to lose hope that time will come and his investment will recover, that long 3 years of skipping your eyes from looking with your negative assets. That's really amazing and even it's just 5% of profits, the fact still the same, profits is profits. Beside we don't know the amount of his actual investment. |
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I came across this video( https://www.youtube.com/watch?v=q2NE1OebVNw) the other day which refreshed my understanding of NFT！ Digora aims to bring Native Blockchain Gaming and Asset-Arewarding NFTs into the mainstream. I don't know if it will be a success, but I'm looking forward to the performance of this project. Looking for the next Doge... It can only become the next Dogecoin if Elon Musk stumble it and make a series of tweet on it, and it does not have to be a good project with a good roadmap, it just has to catch Elon Musk attention, Dogecoin success has to do it with Elon Musk series of tweets not because it has good features and potential like all the other top coins in the market, tweet your favorite coin to Elon and who knows it might become his next favorite coin. More on Elon Musk influence, Doge manage to become interesting as Musk followers do their moves each time Musk tweets about this asset, without the interfering of Musk this coin is just a simple meme project. Now in order to find another project who can managed to do the same, you'll need to catch Musk attention or another super billionaires that will claim the same interest with the project. |
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 I don't know much, but when the project can penetrate the market and last at least 5 years, I'm sure it will be recommended for the best investment. whether or not a coin depends on market interests and the benefits of the coin on social. The more benefits, the more skyrocketing the price of the coin. Misal BTC, ETH, LTC, NEM, BAT, BNB, etc. Taking that long and continue to survive, the chance of seeing more pumped incoming years is really possible. Got to engaged yourself more and make sure to study on your own, knowledge inside the market will lead you to make a good investment, It's all about how will you managed to understand the market value and what are those good factors that investors will also follow your chosen assets. |
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Hey,
Just wondering what people think about the current price of Ethereum and Bitcoin? I wanted to buy some more of each but obviously the price is quite high - record highs in fact! Are we expecting for another dip i.e a better time to invest or will it keep rising?
I know this is a question of speculation but if anyone has views/opinions/research I would love to hear your thoughts.
Many thanks
In my opinion you can go with bitcoin now, because the price of bitcoin is in downtrend now. I think in next month the price of bitcoin will rise again and you can gain profit from it. At the other hand, if we take a look at ethereum, the price is so expensive, but so sure it will increase more in the future. So the choice is yours, but for me you can go with bitcoin. Depends from how you percept the potential of your chosen investment, both coins are good in terms of long hold, There are possibilities that those coins will ocntinue to pump as acceptance and usages will flow around the business sectors, with that the value are also poentially grow and provide very decent profits to those who can invest and hold for the said period of time. |
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Hey frds what you think is this is a correction before altseason 2021 bcoz major coins are in support range .
In my opinion, 2021 is very different from the previous year, because 2021 is the year for cryptocurrency and of course that means the price of cryptocurrency will definitely continue to increase, even though there is a correction, but the correction that occurred in 2021 is not as deep as in 2018 and the price will definitely to increase again after a correction, because the price of Bitcoin continues to make a new ATH price and that will impact for the price of altcoin to increase as well (altseason), therefore I suggest you never panic sell when the price is down (correction), because I believe the price will definitely increase again, so what you need to do is HOLD and buy more. With more and more acceptance we will see more different from what those previous corrections. As long as there are supporters who are willing to take the chance, correction won't last long and bounce back will take pace and regain the last time ATH or maybe surpass the last time high.. |
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It's great if your parents also invest in the crypto world, but never force them, because we as young generations, of course, understand more easily about crypto than parents, if you want to invite your parents to invest, then you have to explain it in detail. so that they understand and do not carelessly invest in crypto
Your parent's trust is really easy to achieved if you'll provide detailed information about the investment that your are engage with, and yes, never to force someone to invest without any knowledge about the venue or market that they'll going to place thier money. Be sure to work with them in anyhow, they'll follow once they fully understand everything. |
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- Once btc stops at $70k and go sideways between $60-70k like it is doing now between $50-60k then will btc lose dominance and its alt season again for another month or longer right till btc takes the next leg up to $80k right?
Your prediction seems practical but I guess it needs another one month of time to happen. Right now, bitcoin markets got stuck within 50k leg and also losing dominance in total crypto marketcap. Probably $60k to $70k leg may happen in May month along with significant improvement in bitcoin dominance in total crypto marketcap. As of now, bitcoin remains stagnant and altcoins dominate. Honestly I'm not following bitcoin dominance metric as I'm not giving any importance for it in my technical analysis. I am comfortable without considering it to generate accurate signals for my trading. We never know what future will bring, but with how the market is moving I also see that the possibilities is really high, some break for Bitcoin then Alts will move then bounce for Bitcoin and we will see another try to hype for much higher value. It's all about trusting your assessment, your money your call.. |
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Hello Guys,
Coins on top for 2017 like EOS, VET, ZEC, DASH, NANO, XTZ...
Can they compete with existing coins like DOT, LINK, coins on DEfi.
Should I invest in old coins?
If the old coin has no price cracks on the market then you should just leave it and don't invest in that coin, you should choose coins that have great developers and there is movement in the market such as BNB, Eth, Ada, and Polkadot. Your proper knowledge with the market movement will guide you to choose between old and new projects. as we go forward, there are still old coins that still moving after Bitcoin pumped up, the value of those old projects became interesting, but like what you've said, if there's nothing from the developing team better to stay away and follow new projects that contiue to develop. |
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It has finally recovered again, that quick.  But if the dip continues a while ago, we should really be expecting it to drop up to $40k and even can go as low as the next prices such as $30k and $20k. Hopefully that this recovery will stay just as it has stayed for those levels that have made its support. The last time I check the coin market cap bitcoin price was below $50000 well it was $49,700 to be exact. At first it convinced me that bitcoin may now entering the bear market and probably it might goes lower than $45000 but now upon checking the coin market cap bitcoin was already back at $54,000+ so it convinced me too that bitcoin wasn't yet at the bear market. It might be a price correction but to be honest from the ATH of bitcoin this month of April which hits $65000 down to $54000 was a quite a large difference. That's how volatile the market was, it's hard to predict all we can do is to speculate and hope that our call might come true, there are many big players around this business some might wants to shake the market and collect those cheap coins that may sell out, while others are not comfortable and wanted to hype it up to bring more investors inside. |
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I've been waiting for this viola season for almost 4 years too! I'm glad I waited and I was especially pleased with the bnb token! The only pity is that I bought it a little when it cost $ 5, but the X's are crazy!
Whooahhh! Lucky you even you are saying that you bought little but from $5 to $500+ huge enough to enjoy those long years of pumping, and the fact that there are very high chance that this coin will bring more folds. The developments and usages are the main factors why more and more crypto lovers add this coin inside their wallet. |
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They have an aggressive expansion in the South China Sea so I think that they are definitely going to get ahead of US in terms of economy, they also have the cooperation with a lot of African countries and they have a really good deal on this one because the money that they lend to these countries don't go out of China's hands because they employ Chinese companies to do the work in these countries.
The aggresiveness of reaching the tops spot, that's how china works they wanted it so much and with the fruits coming from those investment and lend money that they bring from each sides of the world it's near to its successions, China already gained attentions from every financial sectors all over the world, |
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I think bitcoin will fall again to 25K USD and then a bull race will start. That bull race will jump the price of Bitcoin to 100K USD. guessing time frame is not child play. May be with in 1 year or in last months of 2021.
Lol, this is so funny statement, what is your reason to say Bitcoin will fall to $25K. Even falling to $50K is difficult, and now you say will fall to half?? Educate yourself about Bitcoin before making any statement. $50K is strong support and Bitcoin will never go below $50K. The worst scenario will fall below $50K but for half is nonsense Even your analysis is not right. Bitcoin is below 50K right now.   Bitcoin can fall to 40K too. There is no hard and fast rule that bitcoin can't drop to a certain level. However, currently it seems that its impossible for bitcoin to touch 25K. well, people are too excited about this. However, the right thing is, the price of bitcoin can change at any time, even being below $ 40k within a few days can also happen. however, currently it is still too close to the stated prices. However, to reach a price below $ 25k, it looks like it will be quite difficult for now. however, the potential for bitcoin is still big enough to hit $ 100k this year, and I still believe it. however, bitcoin ATH at its current price is not that far off. So, I am still positive about the price developments that could occur and reach the $ 100k price tag. Whatever the value it have right now, the matter is how you project your investment. If you are into long term and you really believe that Bitcoin can go high up to your target value. Most of the time it's surprise every investors those who have the courage to take the long term maximized most of the profits. |
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If you want to long term investment, I will visit the CMC page and research in the top 100, and buy the altcoins now at the dipping price, but I will not buy the BTC or ETH, it too risky, who know it will drop again anytime soon.
But that 2 tops crypto can also bring very huge amount of profits once the hypes bounce back, there are many alternatives to choose but personally I'll go with this two for my long term assets. While those other investment would be on the top 20 projects and will play and ride from each bounce and fall of certain coin. |
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I'm still expecting the alt season at the end of this month. however, the current downturn in bitcoin's price has seen some altcoins decline after rising high at the start of the month. however, now it is almost the end of April, and almost entering the month of May. well, this might be a chance to own a few more altcoins before they really pump up again.
yes, that of course will be done by many traders when the market experiences a correction like it is today. because some investors think this situation is an opportunity to be able to buy lots of altcoins that have low prices and sell them back when the price increases. Good and experienced investors and traders always see this situation as opportunities, they can buy more and hold for a while, knowing that bounce back will take place it's a matter of how well you understand the project and how you trust the developers behind. There's no specific time for those kind of traders, they are monitoring and chasing every chances that they see around the market. |
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Anyone who cares what the price has done over a 1 week period has invested more than they should have. If it's so much of a concern, you're over exposed. Price movements over a daily, weekly, or even monthly period are meaningless over the long term.
It is a principle that has not changed at all for long-term holders, in fact most holders do not want to know about the current downturn, all they know is to observe the price when all the Bitcoin market has outgrown the price flow. be it next year or even a few years later. long-term holders will not be easily exposed to the current Bitcoin price. They are all prepared in this kind of situations, as they understand the value of holding. Not being affected due to knowledge and skills that they already developed while taking their position each time they choose any assets that they invest their money. It's all about how you entrust your money with your own assessments and observations. |
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what actually you need? I can not get it correctly. That means you are looking for channel or groups which will provide some trading signal and You will do trade by their suggestions? Or you are looking for something that will show you latest warning about good news, the data about the unusual volume/buying/selling activity bots?
Maybe he is looking for a person who can give him a trading signal in a social media, this is not really advisable because I don't think that there would be an expert who will just give you a trading signal for free, it would be possible if you pay them huge amount of money before they give you a sign, so if you don't have huge amount of money then it would be better if you now is to learn the technical analysis on your own. And it's beneficial to you as a trader if you'll learn things the right way. No need to ask someone but to study things on your own, if you put your focus it will enhance your knowledge. Distance yourself with easy and quick process but instead do things step by step till you find yourself much comfortable to execute your own patterns. |
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