bitcoin is indeed more effective than fiat, we can transact at any time like a private bank, but there are many challenges that bitcoin goes through to get its existence, where pros and cons always come and go and government policies that still prohibit citizens from using bitcoin, hopefully it doesn't continue in the future, and give bitcoin the freedom to grow like fiat money
Bitcoin's current problem is trust and regulation. but when more and more adoption worldwide, bitcoin should be more consideration for the world's governments to enact wise regulations for the use of bitcoin and crypto. those who treat bitcoin as a legal asset and even use it as a legal transaction tool in their country are seen as opposing and authoritarian countries to their people. I'm sure, bitcoin will get recognition from all countries in the future. |
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Have no need to fear; if the price is rising, it means it's time to sell. Anyone who bought for less than 40k USD should aim to sell at this price, in my opinion. However, the subsequent gain is lower, but it is beneficial for traders to cycled this money.
And even if the value begins to rise, one will benefit, particularly if some of it is sold and the rest is kept for another hefty premium.
I sold Bitcoin at $49.9k. Now its price is about $43.7k. It would seem that we can buy it again and thereby increase the total number of coins in the deposit. However, it seems to me that the general decline may continue, we will be able to get a more attractive purchase price. if you have such an analysis, you can wait for the market in a deeper correction. you will get a good price for your re-entry in bitcoin. I have entered since yesterday. and now waiting for the moment for the rally to come again. either in the correction again or going straight to the pump. I believe bitcoin will be in a very good recovery. |
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With a few months left in 2021, I think it's hard to hit the $5K price for Ethereum. If the current market conditions can recover quickly, maybe with a few more months remaining in 2021 it could happen because possibility after possibility could happen in the market. So far there are no signs of Ethereum heading near $5K in my opinion.
especially with the update still running and not finished. it will add to the difficulty because of the high transaction costs into consideration for the adoption of ETH not getting more attention. although in the viewer I believe it will be difficult for ETH to achieve this for this year. but maybe in the upcoming bull season. I just hope that by the end of the year at least the market is not corrected too deeply and can be more stable. and the start of the year could be the start of the next warm-up bull rally. |
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In my opinion, there are many cryptocurrencies that are very worth investing in in the long term, but the most obvious are BTC ETH BNB Cardano polkadot litecoin and Solana, this crypto is very good to be a long-term investment priority, because this coin has very good potential and prospects , of course provide greater profit opportunities in the future.
Yes, for Bitcoin I think there is no doubt about investing by implementing a long-term investment pattern, but apart from Bitcoin, Ethereum and Cardano will invite doubts if you invest in it if you apply it long-term. But it all depends on the choice and willingness of a trader in doing so, of course everything that is done is research and analysis has been done by a trader first. That's right, everyone has their research and planning in managing the investments they make. included in selecting the asset to be purchased. Cardano is probably the one I don't really like in the long run. the products developed have also not received much enthusiasm from the market. I prefer MATIC and BNB in the long run. maybe 2-3 years in the future I will still hold it. |
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How is Polygons potential in the future, can it rival with BSC?
why not ? I quite like and use Matic because of the cost as well as the fast transaction speed and that is also on BSC. Of course the diversity of the market gives us great options and the potential that Matic is showing is really impressive given that it is also one of the leading platforms of the crypto market. Polygon and BSC I think are both good. but maybe its adoption in some bigger projects and exchanges BSC. looks like the development of Polygon and BSC will be better than the planning of the Cardano blockchain. |
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There is some seemingly hidden gem I found called EverETH. It looks quite legit and promising and rewards are very decent.
maybe you can give a bit of your opinion why you can think they are promising? just because using the last name ETH I don't think is the reason a project will be successful. Maybe for fork coins it's still okay to use ETH name . but for only smart tokens its quite weird. name EverETH and running on BSC chain. I like seeing a joke again. new token with the use of big-name ETH, trying to find profit. Success or not the project, I'm sure it will only be a shitcoin in the market. we've seen hundreds of tokens like this, and they wouldn't deserve to be on the market. |
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Various data show that bitcoin is the most profitable investment since 2010, although there is a lot of negative news about bitcoin but this actually makes young people curious and try bitcoin investment, when it proves to be profitable then they share it on social media so that it makes friends interested in investing in bitcoin .
those who have proven to benefit from the bitcoin market I think they will realize the potential of investing in bitcoin. but some people still find it very difficult to accept bitcoin because of the very fast-moving nature of the market. for those who are not comfortable with it, think bitcoin is a manipulation and a scam. |
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Greed is human nature. When the price rises, no one wants to sell their coins. When the price of the coin drops, you can set a stop-loss price. When the price drops to the price in your mind, you can choose to sell the coin in your hand to reduce your loss.
that's what greedy people usually do. selling at a loss due to late selling when the pump arrived. but sometimes some are late but still hold their assets for the long term. remain optimistic for higher prices in the future. it's humane because everyone has their plan for the investment assets they own. greedy or not, I think it's everyone's right. we can't blame him. |
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First, Bitcoin continues to appreciate to $100k and domain BTC.D doesn't go above 50.
That is the ideal level for all altcoins to rally, not just Cardano. Cardano's smart contract launched and nothing changed too much in price. So only the above option is reasonable.
it will surely await the moment when the adoption of the Cardano blockchain explodes. and that situation might be like SOL and BSC. if the adoption doesn't happen, then ADA might have a hard time even getting to $5. developers seem to have to work harder to make a major update. |
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I don't think Bitcoin can destroy the economy. All back to the person or community who use it. Like fiat, Bitcoin can be used for good or bad depending on the user. Even all things if misused are also not good, not just Bitcoin. Don't look at things only from one side, but try to look at things from the other side. What looks bad is not necessarily as bad as you think and vice versa. Therefore I do not agree if Bitcoin is considered an economic destroyer because there is a positive side that I see from it.
all things that are utilized of course have an impact. including bitcoins. maybe indirectly people think bitcoin adopted by a country for transaction tools could destroy the economy of its people when the value of bitcoin is in a bad correction. but on the other hand, I think there will be more people involved in bitcoin adoption when the market is down. and it will create an economic pattern of the community that is oriented towards long-term strengthening. but all still have to get support from the users themselves. including fiat which is still not completely avoidable. |
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I think the reason the market doesn't go down is a huge dump because the market will go up again this is a new sign of correction. If the market goes down it's a good time to invest because if the price goes up later it will double there is nothing to panic about as the crypto market rises and falls the bull run will come up very soon so investing in the present is the right time to hold on.
I agree with the opinion that this isn't a huge dump rather just a correction. I'm in the position when you have extra money to invest this is the right time to get some altcoins you want especially from the top 10 list in the market. I have seen this coming when everyone talking about this correction on social media a few days ago. Now it's our turn whether we want to take some risk or not but as I said there will be no more huge dump after the bull run we had a few months ago looks like we gonna reach as low as $30,000 if ever the price of BTC will go down further. although there is a decline there is a fairly strong adoption when this correction occurs. This allows the market to recover in a short time. we have seen several corrections occur in the market after ATH is reached. and there is always a good market fix. it is a moment for traders to make a profit. as long as they don't get caught up in the correction that's happening. |
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I think you can trade if you are satisfied with a little. The most appropriate technique is to give up your asset if the trade profit is up to 6-10%. If you trade in this way, I hope you will not lose. You can also use Bollinger Candle for your betterment. If you want more then hold your assets for long time.
I also use Bollinger Candles to help me in doing daily trading analysis. as you said 6-10% profit is enough for short trades. Don't go overboard with planning in day trading. because it can trap us in correction. if you want to invest then all do the right time planning. If you want short trades then really learn when to enter and exit, even at a loss. |
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for me this called Stupidity , why joining investment that you don't totally understand?
it was a stupid move. I'm sure it only happens to some people. because at least everyone is new to the crypto market. they come with an interest or an offer from someone else. at least new people will look for information in advance about what they are going to buy. no fool would want to waste their money on something unknown. |
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OP is talking about the ethereum blockchain so it is not a new one and also undergoing lot of developments, even now the roll out of ETH2.0 is under progress so after the complete roll out we can expect the fee to be decreased drastically. But if the number of transaction coming into the network keeps increasing then there is no way to stop the increase of fee, probably you have to move to another coin which has higher TPS.
will the launch of ethereum 2.0 be a solution to the problem of very high transaction fees? we know ethereum has been developing for a long time, the use of blockchain technology from ethereum has also been developed by other projects that offer higher TPS. Ethereum transactions are also very crowded which makes these fees difficult to bring down. I think ethereum 2.0 probably won't have a big impact on these expensive transaction fees. |
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Because the Mempool is receiving more number of transactions so the people who are initiating the transactions are increasing their fee for faster confirmation so it ends up in a chain reaction and high fee.
You can wait or join the chain reaction there is no other way.
installing a lower cost would also be meaningless. it will simply eliminate transaction fees with a failed transaction ending. more and more transactions that occur using high fees trigger changes in fees that continue to increase. why can't this problem be solved quickly by the developer? |
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It could be Bitcoin as a coin that we can call a coin that has a good future. But no one can determine that the coin has a good future in cryptocurrency. Investors only think about how they make a profit and what coins can make a profit, whether it is short term or long term.
to be honest you are too narrow-minded. in the crypto market, it is not only people who hope for a profit. This is related to the development of bitcoin for the future. trust to create the digital finance of the future. most believe that bitcoin will be the solution for better world finance. at this time there may still be many who only have bitcoin as their valuable asset. but in the future, a payment transaction with bitcoin in the real world will be very fun. |
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However, if Ripple WINS the case vs SEC, it will jump to #2 in a day
the market cap gap is too big for XRP to jump to #2. in this market it is possible to increase 2x-10x-100x. but looking at the current market conditions, there is a belief that if there is a win for XRP, there will be no jump as high as that. |
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Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?
I had no doubt about in Solana, in fact, I hold this coin to hold in the long term. Because I saw it has a great future here in crypto space. And I know that I know a lot of the community here as well are holding solana for the better future holdings that can give a nice savings. Have you check Matic, Busd, Dot, and link? these are also good for long term dude. the pump that SOL shows is good indeed. and adoption for new projects is always there. and the success of the IDO made the community grow very fast. there is a high chance that SOL will be very expensive in the future. just look at how BNB and ETH got started in the crypto market. everything from the ground up and shows a good long term project. I think SOL will be like that too. |
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#PROOF OF REGISTRATION Forum Username: GatotKaca Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=952279Telegram Username: @gatotkacaui Participated Campaigns: signature Polygon Wallet Address (Exchange wallets are not allowed): 0x4902c807eFb8DCDF0Ac482E7C27C4C3aA4Ea5BeB |
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nothing is impossible. many say the end of the year all coins will increase rapidly and there are also those who say Cardano will not reach such a high price due to market cap and more. now the cardano's price is $2.41 down from $3.09 which was its highest price. but I'm sure Cardano could hit a price above $10 by the end of the year.
everything is possible in the crypto market as long as the update from Cardano is really market-accepted and has great attention from the developers of the new project. as happened to SOL which is getting a tremendous increase from the popularity of its current ecosystem. and when Cardano can reach its popularity with the newly developed ecosystem it should be $20 is not an impossible number for the ADA. |
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