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Yep, it is an opportunity and most of us have been ignoring or missing it for some time now. So the world needs to brace this technology and accept it to benefit from it. Right now it is having great resistance from the governments, institutions and general public also
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As far as Elon musk is concerned, i think he tries to manipulate the market for his own good. He makes tweets accordingly and then buy or sell. So he has nothing to do with hype. His intentions are now kind of exposed to the crypto community and not much effect his tweets make compared to the initial impact.
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They have blocked their own token and you cant trade their token anymore. I think they try to find ways to avoid their token holders to swap their coin. Giving them to people and then stopping the people from trading it. Thats not a good strategy i believe. They shudn't had airdropped it in the first place. Or should had dropped a small amount.
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What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.
I don't think you can make big profits in staking now a days. The competition is getting higher and the profits are getting lower. Infact you can make bigger profits in trading but one needs to be good at that. A good trader can make more money in scalping then staking. |
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ADA gave me the most profits, but then my bad move in ADA and i lost most of tthe profits. After that i made my biggest profits in a bounty hunting task.. It was an altcoin AXIS and gave me good profits.
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It already has replaced a big share of fiat in alot of fields. I mean digitally there is more transaction of crypto then fiat. It is listed on stock markets and other financial institutions. What else you call replacement.
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I think its all luck. There is no proper calculation and predictable chart to follow for bitcoin and other cryptocurrency. So i believe it is somewhat research but a good share of good timing and good luck that makes you win big in crypto currency. I know someone who went all in around 60K usd in jan 2018 and after that the market dipped big and he lost most of his portfolio.
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I just can't regret enough my missed chances. The time bitcoin was starting to make people billionaires, i was busy in make ups and break ups and its now that i have seriously started taking part of the crypto world. Hopeful that i'll still be able to ride a "get rich" wave and make up for my lost time.
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Good for them. It was eventual as cryptos can't be resisted and when the people are with the crypto industry then they can't resist. They tried, all the institutions and govts tried, but they have to surrender. Bitcoin and crypto are here to stay.
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Crypto is not going to replace the government as of now. But it has opened up endless possibilities about the future and how the system is going to work. It actually is liberating the human beings from the slavery of these govt. Though the people think that the govt is for them.
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It is going to be the backbone of every business a few years into the future. The old banking system is already looking obsolete and not able to cope up with the latest digitized world.
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You can keep up with the price of bitcoin if you have good timing and are lucky. Other then that its pretty hard, close to impossible. Btw i think if you play it well and have some luck, you can become a billionaire, or atleast you are on a chance to become one, which other then bitcoin would never had been possible.
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One needs not to worry about cryptocurrencies. It the next stage of evolution in the financial world. So no matter what any country or person think and does to damage crypto industry, it won't make a big impact. Crypto will keep growing,.
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Well, if you haven't figured it out, Elon is and was never interested in Doge. He used it as a decoy. His main investment went into Bitcoin. Also i believe that he would have invested in doge before tweeting about doge and then cashed out. Made a fool of the rest of the crypto community and would had made good profits.
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If you can do proper research, then yes, Investing in cryptocurrencies is highly profitable. But beware, a few mistakes can cost you big, big enough to bankrupt you. So be very careful and do proper research before investing.
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hi guys
I am wondering where you guys ll invest 1000 usd, which has got a chance to get insane profit.
Please can you give reason as well
Thanks
Do scalping on bitcoin or Ethereum.. don't go for altcoins, unless you are very much sure about a coin. Going blindly in any altcoin might get your investment stuck. |
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I was waiting for a 2017 like dumb to jump in but the market has partially crashed and now stabalizing. I think those legendary dumps, that this market is used to, are part of history now and with so many big guns entering the market on daily basis, it might not be possible to get a big dump and the market might remain stable where it it or might just grow.
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Binance will be next Binance and not Ethereum. Ethereum with the new forks will lead the blockchain industry by some million miles. BNB is still very solid and would be among the top 3 but still, it won't get to Ethereum. my 2 cents.
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Now, this is "THE" question. You can't pinpoint the coins that can explode but yeah, you can shortlist good coins from scams. Some research about the team, their previous work, and the evaluation of the project the coin is based up on is very much important. If the coin has a backing of a strong project or company, like BNB, then yes, its a good investment and it would explode. so it all comes down to your knowledge and research.
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