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I think it's quite troubling for people just entering the cryptocurrency world, it's a sign that they're starting to distrust Elon Musk, who's been manipulating the price of bitcoin, since the beginning of my tweet not following Elon Musk's doge hype, I know that Dogecoin is just an inappropriate joke coin for the long term, there's not a single system in it.
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If you are referring to market capitalization of course Defi projects have an edge since it is the new hype. However, old coins are still existent since they are already trusted and have a huge community and supporters. Unlike new Defi project which is just starting up and might be overvalued due to market hype. There is no point comparing them since they are uniquely created for different usage and functions.
The presence of DeFi is also because they hitchhike on the old coin chain, Ethereum, and the old coin remains an option as a long-term investment coin. And DeFi is very suitable For the short term, DeFi is quite interesting because it can invest and can be interesting whenever we want, DeFi is quite popular because the exchange is quite easy, I'm sure the developers of old coins also pay attention to the concept of defi. |
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They might not be in trend right now but we all know that crypto is really volatile and anything could happen anytime so we shouldn't underestimate old yet potential coins. There's always a spotlight for each coin and I'm sure that good old projects still have a chance to boom in the future.
The old projects that are currently in demand are those that survive at least in the coinmarketcap #30, it is good enough to be invested, If what is mentioned above I think is still worth investing in, Right now is a new defi trend, I prefer DeFi coins will grow faster for the medium term. And old coins for the long term. |
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Old coins are good enough to invest, However, they still have to have developments that follow the trend, For example if we are now on a defi trend, They either have to follow it or they will be abandoned, or they find a problem solver that is in cryptocurency they will be much in demand.
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Nowadays the market by entering a positive market position, trading becomes easier, many coins that have the same pattern make predictions quite easy, and make the layman easy to gain experience, I returned to trading a few months ago trying to buy coins arbitrarily and hit the target, after predictions enough you just have to be patient.
It's not easy
You said trading is easy because we're on bullish trend and you're lucky to take profit before dump. When someone made profit, there's always a people will loss since he buy on the peak or high price. Those people who bought Bitcoin on $60K before still loss right now if he don't sell it, but there's a high chance he will profit if he keep holding. And yeah it's not a trading anymore but a investment. That's why investment is better than trading since you don't need to panic and always watching the price, it will cause mental health for your body.
Well, I think the thing that makes it hard to trade is when you're afraid to try, so learn a lot of theories that you shouldn't. Because trading theory is so many, there are a wide variety of patterns, and more than a hundred indicators, whereas we only need a few and are confident in the predictions. [moderator's note: consecutive posts merged] |
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Is this coming from the experience? Maybe one of the forum members?
It's normal. But in case you did see how hard the life of the borrower is then do help.
I have some friends in the neighborhood that I saw being affected much by the pandemic and I really want to help them but just can't come over because I am too shy to tell so and also what if they didn't really need help and I am just assuming.
But, if they are the ones who will try to borrow money then I'd be willing to help. It depends on the case.
There's no need to petrify our friends, we're all affected by the pandemic. I am very grateful because I know cryptocurrency and produce here, I can help people around me, I also have a community that is quite active in helping in the pandemic period. They also come from the cryptocurrency community. |
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Well I wouldn't even loan someone in the first place nor I would loan from anyone regardless if it is related to crypto or not. Not sure where this "lending out money" in trading came from, but it should be avoided at all times especially when one deals with crypto.
Loaning would be like the really last resort for me, but if I can help to not do it, I won't do it.
Well, some greedy people make them lose money instead of making a profit, owed in my opinion is a pretty greedy way of being impatient in profit. there are many ways to earn free money. trading is not a good solution to make money out of debt money. Will cry, if lost after debt. |
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Being in debt and then being used to trade is an unhealthy way. It creates a lot of problems, we need free money in trading. Trading requires peace of mind to make decisions, if money is not healthy we use we will certainly easily get losses.
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Bitcoin is a digital asset, which we need to saved as gold, just that the difference between gold and bitcoin, is that bitcoin work online, while Gold is offline, base on bitcoin it has really helped to during pandemic period. For a transaction of buying and selling.
I am very surprised, whereas if the problem is the bitcoin corona virus is the safest. But why is the government still banning bitcoin? whereas if they want to think ahead, looking for a good solution with bitcoin, it may be safer at home and still be able to do activities and shopping. |
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Unfortunately some bad guys in government are exploiting this to get a dark result. I think this is the reason until now why bitcoin has not been fully accepted. Speaking of security about viruses. bitcoins. They just need to cool fiat with blockchain and combination with bitcoin to create money safe from corona virus.
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Now the price of bitcoin is above the peak from the previous year, so don't be careless and greedy to get more profit so you fall into a trap like most traders and investors in 2018 ago, be careful and monitor every information about cryptocurrency.
I don't think bitcoin is over until this trend. It would be better not to panic and keep believing in bitcoin. He now owns more than twice the assets, if he sells them all it at least affects a small exchange. I think it's her happy day to make the biggest profit of her life. Bitcoin I think can reach 100k if it can wait patiently and not panic. |
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Looks like it's your luck. The moment when you enter cryptocurrency and invest most of your money. is the right choice. and now you already have more than twice what you've invested. I'm sure it was a pleasant experience.
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no jokes, if you have been i the crypto space for 15 years then you should have gotten more than those of us who just got in a few years ago. Although, we are young in the space, we have seen a huge different in loads of comparism and we prefer it here than in the centralized world.
it seems that at that time he still did not fully believe in cryptocurrency and plus lost his job and his sick wife, creating depression that must now require selling all his assets. I'm sure he's not alone some people experience like you. I hope he gets some luck in the future. |
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I have feelings that i lost my biggest life chance to get really rich and i just want to forget about crypto and work in normal work but it is impossible.
It's hurt much more if you can see that your old crypto-friend's get cars and houses from crypto profit, i wonder if someone have some feeling's as me.
You have an amazing experience, never give up on it. There are still many opportunities for rich dicryptocurrency. I sometimes also regret that thinking about the past about bitcoin could make me rich enough to hold it for a few years, however, I'm selling it now. |
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Being hijacked? Really?  There is no way for billionaires or any group, company etc. to "hijack" Bitcoin. They can only manipulate the price in the way they want. But they can't prevent people from investing into Bitcoin and make a lot of profit. Bitcoin can't be anyone's property. Well, that's what I'm thinking right now. The word "hijack" as it is not exactly correct is price manipulation. In addition, Elon also needs other investors to buy bitcoins that he owns, I'm sure it can't be mastered by one person, just price manipulation. |
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It is obvious that world billionaires are indicating interest into bitcoin of late ,for instance Elon Musk twitted that you can now purchase his Tesla cars with bitcoin, is he trying to hod bitcoins so it will be scarce then he control and dictate the price of the market or is it for the good of bitcoin that we have been expecting ,what do you think
I'm sure they can control the price but can't fully control bitcoin, if all bitcoin is on Elon Musk then he is the most disadvantaged person, the Community in cryptocurrency is very important. That's why even if Elon can control the price, there are also those who benefit from Elon Musk, such as long-time restraint and miners. |
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I followed the development of this project, so far they are progressing very quickly, lately they are also working with Chainguardian with NFT-based films. The NFT concept has been very popular lately. Moguls are very good at making their progress. I'm sure they'll be very advanced in the next 5 years. |
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some of the mogul's partners are amazing, I am currently seeing there are over 42,000 users signing up on their websites. This is a great start for Mogul. Nowadays also the film-based cryptocurrency industry is very few, I believe it is very easy for moguls to get into the cryptocurrency industry's film base with few rivals.
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