That's what matters when you're holding bitcoin. You shouldn't depend on it as if it's going to give you daily income. The profit that you'll get from it will be coming from how long you hold it as the market gets into fruition and takes time in doing so. Most of the holders that are successful understood this matter and they have just left their Bitcoin on hold and does their things while waiting for its value to pump. Unlike the newbies that think that it's different the way you've described it, they don't realize that they need to have other source still.
Exactly and that shouldn't have been the thing that someone should be doing with bitcoin anyway, the mere fact that the growth of bitcoin isn't going to happen overnight and the daily movement of it's price is so volatile that we're all warned to take precautions when trading and only trade what we can afford to lose means that we all should've been not relying on bitcoin as a means to make money for our daily needs and at the end as you've said, bitcoin's better when you're hodling it the longer. My take on this people that are still doing this reliance on bitcoin for daily money is that they're admirable because they don't mind the risk and that they're crazy enough to do this not just once or in a day. I also do admire those people that have been completely reliant to Bitcoin in all means of their survival. Like how? through trading or any other tasks that they're paid to do so. But if it's with trading, I'd say that it's kind of hard to survive with it and be wholly reliant on it having no other source of living. But I know the fact that there are traders, full time, that can make as much as they can but with the perspective of not a trader or just do it casually, it's truly hard. |
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No doubt because every bull run starts out from Bitcoin then next, money flows to the alts following ETH.
Yes. It must start from Bitcoin first. Bitcoin hits a new ATH at $73,750 in March 14. ETH still doesn't reach its ATH, the ATH of ETH is about $4,891. I think it can be reached if there is another pump in the next few days. It's possible that it will be reached, we've got this thing called altcoins season and we're also starting to see that because it has started with the meme coins. But I have no idea if it's going to be next with ETH but we've seen that it has reached to $4k but then have some retracement and went back under $4k. The market is so volatile that this altcoin has already started for some and made some decent gains following that they've been holding these meme coins that have pumped first. |
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So are we still expecting the altcoins season or the gains some of the altcoins made following Bitcoin is already classified as the altcoin season?
Maybe that's already the start of the altcoin season when many of the meme coins have pumped already. That's how it goes and you have to check your own portfolio if you've made some gains with it or not. Right now, the market is experiencing a correction and this is a good thing to be honest. Those that have missed buying when it's quite low have the opportunity to buy right now, so if you're not yet convinced about the altcoin season has started then you can have your own accumulation period again. Not like that altcoin season is already started because only some meme coins are significant pumped and other some top altcoins like Solana,Ethereum,Bnb,Ton, it's approximately 2x. Still good moment to buy altcoins because altcoins season will started after halving but it's just expectation. Well, you decide what you should buy but make sure that you're only investing with the altcoins that you know. Because if it's with volatility, they're the most volatile thing right now. As you can see, the market plunged, Bitcoin corrected and everything has followed. So if you're into investing of altcoins then you have to choose what's right for you. It's like that Bitcoin and Ethereum bull run because those are going crazy up.
No doubt because every bull run starts out from Bitcoin then next, money flows to the alts following ETH. |
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what you guys think is it safe to use the telegram bot or not also investing in the bubble bot and holding their token for revenue sharing is worth it or not?
Both are a big NO for me. I wouldn't use a trading bot in telegram because it doesn't look good for me and if I want to use any of them, I'll choose the ones that are reputable and have been trusted by the community for so long like gunbot or cat. But with anything that's inside telegram, a no for me. And with that bot you've mentioned, I guess that I always see you guys make threads for discussion so that you'll give the kind of exposure you need to let people know its existence. |
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I am hoping that with this Dencun upgrade will have its purpose play on the ecosystem to make all of the fees on ETH's blockchain to be lesser and cheaper soon. I've seen some progress a bit after its upgrade but that's not the kind of effect I am expecting, I like more of it to have it seen like it was cents long time ago and I don't know if it's possible to see that happen back then when everything was so cheap but then the demand has increased and made even the gas fees quite expensively.
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We will see more of these threads soon after Bitcoin reaches another ATH. And the opinion of many will be divided because they'd tell that it's too late and Bitcoin is expensive by that time. But those who have the idea of what they're trying to do will just say that they should buy before it's too late because it's still early and there's likely no ending for this market. As you understand all of these stuff, people will always ask for it even if you've told them to do it several times before.
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They said so and the chart doesn't have that look that it should be dropping anytime soon. But those that are wanting to invest in it just like OP. Keep on researching more and you shouldn't just rely on asking the community if it's a good token to buy or not. Also don't get it wrong as there's the mantadao and maybe some newbies might be confused with that so please check before you buy and make sure that you have done your research before purchasing it.
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How many times did this to pump dogecoin? He should just put his money where his mouth is because he's a known dogecoin pumper. It's not that serious at all whenever he's giving this hint. It's not a real thing when it's just a hint of accepting it because he should have done this when dogecoin has reached its highs. But he's not serious with it and that's why this is like accepting something he doesn't really like for his business and won't actually do it. |
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I have seen people that are also influencers that does endorsed these crypto phones. I'm not sure if they're paid and sponsored but mostly they're talking about it with potential airdrops. It's like a hit or miss if they're for real but if I am going to buy any phone, I wouldn't buy those ones that are labeled with crypto. People are too furious nowadays and when they know that you're holding a crypto or web 3 phone, you'll never know what they can do to you.
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It's hard to imagine that there will be boycotting of products from China, too many companies, tech and not are relying on their cheap labor and manufacturing there and not just that, their actual products are cheaper than the rest. It's going to take time until a strong nation will declare that they're wholly boycotting everything from China. Right now, they're showing that they're showing through bullying the others and as well as providing debt trap to smaller and developing countries and with their scattered devices and products that can locate people on each country, it's just so hard to stop them with that.
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Always remember this, "not your keys, not your coins".
If you don't have a hardware wallet yet then figure out the wallets that you hold your private keys and transfer it there if you have no plans of trading at all in kraken or any exchanges. That's the common mistake of many newbies in crypto that they're thinking exchanges are safe for keeping their funds but no.
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I have used it before and even Binance have acquired the ownership of the wallet, there are still a lot of users about it. I think what I am seeing with most of those people that are into alts are using various wallets like right now whichever is on the hype and has a lot of airdrops for its users like Jupiter which is also part of Trust wallet so I think that many are still trusting it. I don't know what's with the news for people to stop using and trusting it.
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Well, most that you've mentioned have been pumping lately and if it's about the performance then all of them can be said that be having a good day. Apart from that, the new ones that are coming are still given that moment by most meme coin investors as they looking out for early entry before the pump gets done. It just getting wider with the choice of most investors as for these meme coins but I still don't want to invest on them and if you're one of those that likes to invest to any of them, always make sure that get your profit whenever you can.
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So are we still expecting the altcoins season or the gains some of the altcoins made following Bitcoin is already classified as the altcoin season?
Maybe that's already the start of the altcoin season when many of the meme coins have pumped already. That's how it goes and you have to check your own portfolio if you've made some gains with it or not. Right now, the market is experiencing a correction and this is a good thing to be honest. Those that have missed buying when it's quite low have the opportunity to buy right now, so if you're not yet convinced about the altcoin season has started then you can have your own accumulation period again. |
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Holding bitcoin is very much possible only if people are will to do right thing. It is possible to hodl bitcoin if people have the understanding that bitcoin is not a means of having quick money. Depending in bitcoin too much as a source of income has always been the challenge why people see bitcoin very difficult to hodl. Get a source of income and invest in bitcoin with the amount you can't afford to lose and it will be very possible to hodl bitcoin without having any challenge.
That's what matters when you're holding bitcoin. You shouldn't depend on it as if it's going to give you daily income. The profit that you'll get from it will be coming from how long you hold it as the market gets into fruition and takes time in doing so. Most of the holders that are successful understood this matter and they have just left their Bitcoin on hold and does their things while waiting for its value to pump. Unlike the newbies that think that it's different the way you've described it, they don't realize that they need to have other source still. |
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Can crypto continue to thrive without the support of governments?
Yes, we have the perfect example through BTC.  Do you think governments can suppress and restrain the crypto market with their power?
They can for exchanges and their people but they can't cover the entire world to stop with their suppression of stop everything to get involved with crypto. If you were the head of government, would you accept or reject the crypto opportunity for your country?
I am for crypto so I'd accept it with a grateful heart.  |
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AFAIK, there's this Dencun upgrade that has happened for Ethereum lately. And that is about the decreasing of fees. I don't know why you've been asked for a $120 by that wallet of yours for a $10 worth of ETH to transfer. Gwei(gas fee) right now is around 47 and it's likely $1 but if this is a wallet that's from a dex then it's about the commission that they're getting. One thing that you can do is to always monitor the gas fees and check it out if the fees are acceptable to you to do the transfer.
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yes, signals can not be always helpful in trading, i followed some free signal and then paid groups but i faced worst experienced because of their wrong signals or strategies,
That's why they're useless. Some may claim that they've found real ones that helps their trade but don't get them right because it's likely a shill for you to join them. when some signals works then people's buying paid singals, but it's lose project, so yes we should not following it blindly, i am trying in my own technique.
Right, don't follow them blindly. You might think that you're paying for the premium but you don't get the actual premium that they've promised you thus, you get nothing in return but just given them the premium membership you paid for it. |
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Those that like to invest into the newer meme coins, you've got the potential to get scammed. I know that whoever gets in the game earlier, you'd definitely have the edge to make more because you're one of the early investors. But it's not all about that, if your risk is high for investing into those meme coins, are you sure that you're okay to just sit and watch around looking at that project? Because the tendency for you to get stuck with that coin and never get a profit is high.
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The majority of people are afraid of trading because they believe that trading is something that should be understood thoroughly and that not everyone wants to learn more about it before beginning. Trading also carries a high risk of losing all of your assets if you don't know enough about it or how to gain control over it. If not it is quite easy to afford to trade.
You're definitely going to lose everything if you have no idea of what you're doing. It's not easy to learn trading as it requires you time, money and experience and to tell the truth about experience, they are bad experiences of losses. You will not lose as much money trading if you are knowledgeable about cryptocurrencies and all the facets of technical analysis. But even though everyone has the highest risk, I will never advise beginners to start their journey with trading; instead, I will advise them to start with investing.
While it's good and proven effective to start investing. A newbie will have to grow up and upgrade their investing technique and soon may want to get into trading. I'd advise them when they go to that part of wanting to trade, only start with the amount that they're not going to feel bad of losing it as said, it's part of learning how to trade. |
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