Traditionally it will sink to 1/6th of the ATH. Take 200k ATH and the bear will end just below 35k.
I also have a formula like this. Maybe 1/5 or 1/6th depend on ATH. So we must focus on ATH first, the peak price of Bitcoin after that we can use it as a reference, but I doubt it will be the same because today Crypto is stronger more than 4 years ago. So maybe 1/4th from ATH, I will start to buyback if reach this one Always dependable from how you assess the market, if there's a trace of good bounce then buying from that position is very likely good to go. It's tough though as there are no accuracy just pure speculations and more on how the investors and traders reacts from each run and how your strong will guides you up buying or selling your assets.
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I'm doing a research on a new project right now and I see that the team decide to go anonymous, is staying anonymous a red flag for newbies? If they are not asking for money to fund their project, then there is no risk involved I have seen projects evolving without crowdfunding where the developers are anonymous and they are developing fund, if they are asking for funds then we can consider that high risk because we never know what's going to happen after they received the funds, there are crowdfunding projects where the developers fake their identity so they can run away with their identity safe. There's a high risk when the team's asking for money, moving to anonymous means you need to entrust your money to someone wo don't have any idetities. A group or a solo developers which the true intensions are unclear, knowing the team behind the project gives you insight what are the potentials, if the team have good backgrounds.
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At this point Binance Smart Chain has gained a significant amount of market share that it will remain relevant for a long time. It still has a long way to overtake ethereum, but they are still continue to develop it and build projects on this blockchain. Ethereum will always be one of the most popular blockchains and if fees go down it will regain some of that market share.
But it is not impossible for Binance Smart Chain to surpassing the Ethereum position few years later. Just look at the price history of BNB coin, Binance Smart Chain made the coin even more valuable because many BSC validators bought the coin. Not mention that Binance will burn the coin overtime, so the price will growing too. Do you think it is still a long way to overtake Ethereum ? That's for the future to answer, BSC is doing great and it's really bringing more investors to invest to BNB coin, while ETH is still standing strong even with a lots of issues due to it's very huge transaction fees.We don't know what will happened along the way, as both have good performance in terms of investment assets.
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I have been thinking... Would it be totally crazy, if I gave 10-15 bitcoins to a woman, who helped me in a really really big way when I was younger.
I mean, would she think I was crazy if I do it? Would it be a positive thing? Or just weird?
The coins were not worth much when I got them, so from that perspective, it's not THAT big a deal, right?
I would gladly give them to her, but I fear it could have a negative effect to what little friendship we have
And she is married with kids, so while I will always like her, there is no hidden agenda on my part here.
It is okay to give bitcoin to her but she would appreciate it if you gave her material thinks, car a gadget or something that she can touch. I thibk she would appreciate that rather than bitcoin. 10 bitcoin is too much but it also depends on you at the end of the day she would thank you a lot if you gave her a friendly present. Depends on how she understands this system, if she got the idea about it For sure she'll enjoy the gift, that numbers of bitcoin in its value now is really nice As a gift, though if she don't have any knowledge about it then it might not appreciated. If you want to look luxurious buying her a car or something precious that worth the same With your bitcoin will surely appreciated.
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As a trader, lost is a something you are not expecting in your trade but you found it in your investment sometimes which you don't need to give up on that particular trade than to strategize in your trade. Any day you lack personal research before carry out your trade,be rest assure that you will definitely experience negative week in your investment.
It's unavoidable as the market is volatile, even you think thing will happened according to how you plan everythingm there's still possibilities that it will turned against you. You just need to focus and stay positive, that along the way you'll see growth from your investment. Just continue to enhance your knowledge and never to lose hope.
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At the moment the situation on the market is such that it doesn't matter what kind of project it's if it comes out on binance it gives good growth. The main thing is to sell on time and the profit is yours!
Indeed, last two projects , SFP & TKO already gained more than 30x from its intitial price. So, it doesn't matter what type of project it's as everyone is so much hyped up and want to get easy profit by participating in those IEO. BTW, it's helped a lot for BNB hodlers, just look into the price of it and next IEO project might help BNB to take another bullish rally. Participating in this kind of initial sales needs to have good amount of BNB, with more investors to participate the more coins will be sold to the participants, the hypes will continue and more benefits for those who loves collecting this coin, BNB still lots to give to people who are willing to invest and hold.
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I personally would prefer to hold more of Bitcoin and probably distribute around 60% of my investment to other altcoins that have great possibilities in the crypto world that’ll be of good use in the near future too. And would most probably do short term trading with altcoins and long term trading for bitcoin.
Short trades for alts is very possible it can bring good earnings if the timing is right, while with Bitcoin is very advisable to keep it for long term, a good future investment that you'll see the best benefits after some months or years, depending to how you really appreciate the market and how deep you are willing to take for the best interest.
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not only right now, I am sure of BTT, even when the price of BTT is still 10 cents I have invested in it. I have always believed in BTT. but now I see that most people want to take over and want to invest in BTT, I think it's a little too late.
Even though it's a bit late, but I personally have benefited from BTT tokens three times in a period of three days, so it won't be too late for those who want to try and be able to take advantage of every moment in the market at this time. Good for you, timing is very important if you are working now with this coin, you'll be happy as it is moving up again and bringing compensation to those who knows how to scalp, important to remember that before you take your investment make sure that you have the knowledge about this project, long term, possible to maximize you profits.
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Yes. There has been some good news about it lately. SEC lost some ground in the lawsuit against Ripple Labs and have gotten some injunction to redefine some crypto
If I get it right XRP team wins over SEC in keeping it's private email to go into public, not sure if that's a good sign as even reports are saying that there's no clear indication that it was the reason of this positive movements from this coin, lucky to those who bought in a much earlier time as the week really bring good trade for Ripple.
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As per the all the researches. Now commenced the Alt Season. Lot of giant youtubers , Websites indicates that alt season started.
I also personally believe that April for ALT. What is your experiences and view about this ?
I think that starting this month until may will be the span of the altseason if the pattern of the previous altseason will be the same as todays happening. I am so excited to see how my hodling burst up and pump massively especially BNB and XRP. Both mentioned coins are firing up even some correction are ongoing now this two coin still giving some good bounce, aside from BNB and XRP, you can also check all those project that inside top 20 projects, they also performing and giving nice incentives to early holders who support them till now.
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There have been big sell-offs both in February and March. These were timed to coincide to trigger the short sellers on the futures trades markets. I dont know about market movement indicators because I dont trade but if we simply follow PlanB's STF chart we will be breaking up in the next week or two. https://digitalik.net/btc/#Still speculation but it's indeed a good mindset to continue holding your assets, there's always a good chance that the market will continue to move forward, for sure big hloders are here to attract more new investors, playing once in a while will give them enough time to make a good entry, bringing more strong holders difinitely impacts the whole market.
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But I think the altcoin season is not ending because many coins still increase, making the other altcoin also increase. Bitcoin itself will have the time to lift the price more than the price now, so maybe we will see the price will reach $65k or more. People are still trying to accumulate more profit from the altcoin that already increases and are waiting for the other coins to increase.
It's still getting warmed up, most of the alts are moving up and investors and traders are enjoying this, once they'll already achieved their target money will be bring back to main asset (Bitcoin) the surge will continue and we will see more upward movements. Assess and observe each market trend and never to fall right away but find the perfect timing for you to compensate your investment.
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Not unless you are willing to take the risk and accept once the timing won't work to your money,
otherwise, better not to fall and look for solid porject that have better opportunities, those who
play with such kind of project are willing to lose or they already accept their fate, it's just too
dangerous for someone who's new to this kind of scalping, losing your money is very possible
in a short period of time.
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nice insights, If I may add probably these things could help too : a. The developers, you can do some check and re-check regarding team members and developers or any information about them. If it's reliable and makes sense it can be a good sign
Developers are very important if they are reliable then the project is in good hand, you can take them as a little assurance the future of their creation is very possible to succeed. b. How precise the roadmap and reality or may I say the achievement. A good developer usually will try so hard to make sure the road map is fulfilled. Even though it's not 100% precise, at least it's not that far from the road map that has been planned. Good developers always attract people to invest.
Roadmap is your main basis if the team is true to thier set plans, if they keep progressing and from time to time they are providing updates, it's also a good sign that the project will manifest.
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I had attempted to trade back then with BTC with various altcoins and it did not go well for me. As long as I saw those losses, I pulled back my funds and did stop loss. Never did it again, although I could be learning a lot more from that experience, it isn't just worth my time.
Mostly happened to everyone, trying to work with your trade but don't have the patience to hold and wait after seeing some losses. You have to realize that the market is very volatile without sincere patience you'll lose eventually. If you choose to move forward better to learn from those past mistake.
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Are there any signs of solving the XRP and SEC issues? In a good direction?
I have heard some unofficial information that coinbase plans to list XRP. Even though so far, Ripple's actions against standards and regulations with the SEC have not been final. While heterogeneous, it seems Coinbase has always been a good launch pad for the attraction of all in this space. The majority of coins benefit from coinbase, specifically ADA has increased by more than 20% when listed on coinbase pro. If this is true, it is probably the problem with the SEC that has had better results. If it's true then it's possibly to expect more coming from XRP, if they've got a good positive results against the SEC issue, the market still moving and this long two days brings possitive benefits for early holders,, Some corrections though are now showing, it's your good assessment that will guide you to avoid losing from this current pumped.
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In fact we are free to predict the Bitcoin price will reach any price, but the $ 100k target is quite realistic for Bitcoin to be achieved by the end of this year. Therefore we have to be patient now to HODL our Bitcoin, don't be affected by the many scattered FUDs. Just focus on collecting as much Bitcoin as possible, because by holding a lot of Bitcoin the profit we can make should be very large. Although currently Bitcoin is quite difficult to get past the $ 60k price, I believe that in the near future Bitcoin will be able to pass it. We need to be patient a little bit, if Bitcoin returns to the ATH price. The next targets should be achieved immediately, until finally Bitcoin can hit the $ 100k target.
Patience is the key factor in order to maximize your possible profits, such target is attainable and if you trully believe that it will happened better to act now and wait, without taking the risk you'll just going to watch the market to move forward, once the target being reached you'll just ends up regretting for not taking your investment.
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Invest on the platforms of leading IDOs. If I were you, I would not trust IKO or IEO on weak exchanges, and it is quite difficult to get into IEO on large exchanges. Therefore, it makes sense to think about reducing risks by taking part in proven projects that are guaranteed to bring profit to everyone who happened to take part in sales. IDO is now showing wild results.
A common and well known rule in finance - anyone guaranteeing profits, is a scam. Nothing is certain under the sun, and that's the thing many new investors don't know about but fall under hype marketing tactics guaranteeing profits, dreaming that "this is the thing that will change my life, because it's the next Bitcoin". Just to find themselves in the end holding illiquid tokens or being investors of effectively a simple landing page + some smart contract purchased & modified for $100-200. So just a friendly advice - be very careful with such things. Well said, it's true if not 100% it's 99% that those who guarantee profits fall into scam project, those who managed to earned are being allure to recruit more people to invest too, only to realize that they are supporting scammers, along the way they will see that people behind such project are running away together with the fund.
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This is actually just a correction from Ethereum, so there's no need to worry. even close ranks to be able to increase the purchase of eth coins a lot so that when the ethereum price has increased this can be one of the best options to get profit
I guess the creator of this thread already lost his position when he already sold his ethereum. Ethereum already created a new ATH and i think that OP must have learned so many things to never try to feel panic anytime. He must be surprised to see the current rate of ethereum. Ethereum gets more and more adoption which leads this coin to gain more and more value. The problem is so many newbies are feeling panic and they didn't know how to control their emotions to sell their ethereum to the market. Correct having enough patience will save you up from losing a lot, ETH made another breakout and those who manage to continue holding are all gainers, with those adoptions that happened along the way, this project recieved a lots of credit, though some downside because of high fees but still end users prefer to use this coin for both investment and transaction process.
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Friend I met here on facebook.
Had a bunch of money in bitcoin last year. I told him not to do it, but he sold it ALL.....for EOS.....
He held EOS for like 6 months from july 2020 till roughly late February of 2021(EOS price has barely grown 100% in 6 months which is terrible for a shitcoin).
Bitcoin hit $57K, he thought it was the top. Sold ALL his shitcoin EOS when bitcoin hit 49K during a brief dump. He thought bitcoin was "old and slow". I told him it was still the undisputed,uncontested king.
Then he REALLY FUCKED UP and shorted bitcoin at $47K......
Don't be like him, sell shitcoins, HODL Bitcoin. Don't short bitcoin.
Bitcoin is always king and we have to realize that. Selling bitcoin for other shitcoins isn't a good idea at all. We can sell shitcoins and buy more bitcoin to gain more profit. It is time to hold bitcoin and more good news are coming. Unless you fully understand what you are doing then the chance of riding with the train is still possible, but if not, better not to short Bitcoin as it will burned you due to volatility, it should take a lesson learn from this OP's friend, trying to short without the patience to research first is to dangerous with your investment, always bringhuge amount of patience when investing to this market.
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