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Hard to tell. We could be in the middle of the bear market right now. I think it is the best to learn something new rather than wait for the next bear market. There are a lot to learn and knowledge to obtain in the cryptocurrency world. Sooner or later, our world will shift from traditional to fully digital. Money can get in and get out. The easy you make it, the easy it will go away
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A few statement from banks do not brighten the situation because we have coincident FUDs happening in the same time, not just Elon Musk. Institutional investors start to take profit by selling thousands to hundred thousands of bitcoin in just a few days.
This news can be a good sign for the future in a next couple years.
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BUSD is a new coin with lots of potential. However, I believe gamblers prefer USDT among all because of the high volume and being familiar. Moreover, USDT has been built on various chain such as Omni, Erc20, Trc20 or Bep20. You can choose Trc20 for faster transaction with much lower fee
In conclusion, usdt is the best stable coin at the moment.
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There are ways to minimize the risks such as reading news and analyze trading volume. Just like in stocks, there are institutions investors holding a big number of stocks, derivatives, futures. Manipulations happen anywhere, whether it is cryptocurrency or other kinds of investment. Be a wise investor and you might know how to prevent big loss.
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It is familiar with many people here because they are all bitcoin veteran. In the past, there were many crashes making people lose their money and left them with pain and sorrow. Though, bitcoin does not cease to exist but becomes even stronger by making new ATH.
Do not worry my friend. Bitcoin will recover and back to $50000
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You can make investment based on his tweets. Following this man is a good strategy and I have made quite a good amount of money.
I do not like how he did with crypto. He keeps benefit himself with his self made tweets which damage the cryptocurrency price. Many people start to disbelieve bitcoin because they find it is easy to be controlled by billionaires' speech. This strongly reduce liquidity of cryptos, making it less attractive.
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Just stick with tron ass as long as you one. Look at gold. It has no utility compare to other assets but still the most valuable investment in the world. Why? Because they do not give a damn about how heavy and disadvantages it is, they care about the price, the reputation which makes the price of gold increase over and over.
Therefore, as bitcoin becomes famous, the transaction fee is just a small aspect of bitcoin. I also believe that people will soon add new features and upgrades on the bitcoin blockchain so that in the future, it will become stronger
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Not a big deal since they only ban crypto institutions. Those companies can register in other countries to continue operating. China is becoming tough when bitcoin and altcoins gain huge attention but apparently, they do not want to permanent ban digital currency. I guess Chinese investors may bring a lot of money to the economy so they do not want to shut it down |
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For long term, I can say it is never a mistake for buying bitcoin. The price of bitcoin has been proven to increase by years and because of being more famous, the number of bitcoin buyers never stop rising. Moreover, bitcoin is built to hedge the inflation when it is capped at 21 million coin
In short term, it is hard to know whether it will go up or down. The current price is too dangerous for ones to buy.
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There would really be some domino effect when it comes to price increase in several coins in the market which is been tagged along with this meme coin.
Ya, many new project follow dogecoin the king of memecoin. I honestly didn't expect that many people would like to buy them. Shiba inu freecoin safemoon Ect. You can call them one by one if you want it Still no product at all and the price is very overprice all because of meme and idea. Yeah, they gave them promises of roadmap and start comparing with dogecoin king of meme Then the price just pump as many people eat that s""". the market which is currently being hyped or shilled.This is why you should really be careful when someone do consider on buying up some meme coins.
I dont even consider on entering on Dogecoin right now.
Ya everyone are taking their own risk and we just need to be carefull if we want to buy them and hold them for long term. Especially with many new shitcoin out there, 99% i bet will go to zero. About dogecoin i think it's not the right time to buy It may take a long period of time before dogecoin has a good buy point for investors. The current price is too damn high and investing recklessly in doge coin at the moment can result in loss. Unless you are a trader, do not try to enter doge for a long time. Try to take profit because doge will soon be lower than $0.1 |
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Bitcoin and ethereum are the same when talking about investing. Therefore, I would go 100% my fund to bitcoin. I only diversify my portfolio to invest bitcoin and smaller coins, which might be around top 200 ~ 500
Bitcoin is for safe haven in a long time, other coins for extraordinary profit in a short time
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He can be both a bitcoin savior or destroyer, depend on your perspective. I have earned a good amount of money when bitcoin was around $10000 and he started to support bitcoin. RIght now, I still follow his movement and tweets to see whether I should sell or buy my bitcoin. It is a good strategy to me so far
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I agree. The only thing different is that Elon has more influence than McAfee because he is the top billionaire. And he also loves to tweet very often and drive the world crazy.
I still appreciate what he did to the cryptoworld. Even though some of his previous tweets harm bitcoin, it still has less effect than his positive tweets
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Wait for further update. I am interested in seeing the list even though pump and dump coins are not good for investment. But I have been in the crypto world long enough to find a way beneficial me by investing in those coins. I will make fast investment (less than 2 weeks) and get out immediately with profit
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I only use bitcoin as an investment. In my country, laws do not accept bitcoin to be used like a currency. If you are caught using bitcoin to buy anything, you will be fined or jailed.
Even if we canuse bitcoin to purchase goods, i will never use it because it is insane to spend bitcoin when its price always go up
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Hello everybody. I'm not very good at imagining a world without Bitcoin, but I think it's worth remembering the time when I didn't hear about cryptocurrency at all and everything will work out. It's just that now and so most people remain in the dark. The only thing I can admit is that my life would not be complete without Bitcoin, but we live, move on, acquire new skills, new knowledge, including knowledge about cryptocurrency, and I am glad that there is Bitcoin in my life.
For those who are not attached to this venue of investment, they are moving forward and not being bothered to how life may it be without bitcoin, but it's different from those who support this chain since they learn about it, they simply can't imagine how the world will rotate on them without this investment currency. Different people do have their own views regarding to this question, more on how you believe and trust this system. The world without Bitcoin would be a world where fiat systems would still be without any competition whatsoever. That is not too bothering for people in rich countries with stable economies, but we have seen what happens with Bitcoin volume in countries like Venezuela when inflation gets out of control. I do not know how bitcoin looks like in Venezula. I thought everything was banned and only the government has the right to maintain the monetary system, which is fiat. Though, I believe the world would be the same if bitcoin did not exist |
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Rules are necessary and those rules are enough to maintain the bitcoin network. Without any rule, there will only be chaos. Look at fiat, government keeps printing money making the inflation rate increase significantly over years. Being capped at 21mil makes bitcoin become stronger, invulnerable from the inflation (actually, there is only deflation in bitcoin)
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His words have weight. Many people rely on his tweets so whenever he makes a good news, bitcoin and doge soar, and vice versa. Investors also need to increase their self awareness by learning more about cryptocurrency rather than following any specific billionaire.
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bitcoin is being adopted by different parts in the world. We need more good news like this to push the price of bitcoin higher because right now, bitcoin is suffered a huge sell-off after being rejected by Tesla. Moneygram is not a big company anymore but I bet this news will contribute a lot to the bitcoin market
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We have bad news, price manipulation, whales taking profit. They are all reasons making people panic sell without think of the consequence that their coin will recover.
That is why people should hold their coin and only sell when it hit their targets. Do not look at the charts most of the time or you will be addicted.
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