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it's a new week, and it will also create new monthly candles on a weekly basis, of course it will be very interesting how Bitcoin and Ethereum move this week,
Bitcoin sentiment is still bad, many people want under $15k, of course this can certainly create panic in the market ,
if Bitcoin dumps then Ethereum will also follow it, right now make sure we have to monitor the movement of bitcoin, and don't miss it
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It may be true or even not, it may be able to reach the rate in the year, but also vice versa. It will depend on the project development and community. For, Shiba Inu is a meme coin, under Doge value I think. But, should we wait for almost 30 years to get that rate? Will this project still last longer? I am also not sure. If that is Shiba Inu, I will prefer to choose only for the short term, not for the long term
I will prefer to choose other altcoins that exactly have higher value and volume including a higher market cap. The chance to develop is much bigger.
we can't put our big money in Shiba inu. if you just want to bet whether the Shib will hit $5 or not in the long run. we can try it with the little money we have. but it's true what you said, it would be better to enter the SHIB for the short term. We can't say it's impossible, because Shib also gave us a surprise after listing in several big markets. meme coin that never crossed my mind is going to pump pretty high. It would be too risky too if we put big money on Shiba inu considering it's a meme coin which we don't know whether to promise or not, try it by putting a little money it's much better and at least to minimize the risk, for me it's better not to have high expectations of Shiba inu |
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They will be the first pump you see will not be it. This first pump will be more like the dead cat bounce. Alt season will not be in full effect until Bitcoin truly moons again, which seems to not be anytime too soon. Patience will be key.
It seems so and we can't help but have to be patient to see the Bitcoin price skyrocket again, altcoins are highly dependent on the price of Bitcoin although not all of them, we never know for sure when Bitcoin will return to its highest price and just keep following it |
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4 more days and June is coming to an end, and at the moment Ethereum sentiment is of course with the news of PoW to PoS,
I still don't have any information on when Ethereum will switch PoS algorithm, and I don't know, if this will be a disaster for Ethereum or not,
I really don't know. I'm really still worried, because for sure $2000 has to be touched and Ethereum has to be able to stay at $1000 if it wants to survive the next storm again
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Good for you to invest right now because the price of the coins are low so you can gain money if you invested to the coins now, but I thank you need to search best project to you because once you failed choosing a good coins you lose your money because they have many many coins now are sh*tcoins or not worth it to your money or to purchase because the developer sometimes leave the coin and there is no improvement happens.
The current state of the crypto market may go down further. The crypto market is completely dependent on Bitcoin. When the price of Bitcoin goes down, the price of other coins goes down automatically. The value of Bitcoin coins may go down further so wait a few more days without investing now, at what stage the price of Bitcoin is fixed then understand the situation and in May all the coin teams work well and invest in those coins will definitely be profitable . But if you can use the opportunity of the crash and buy it in dip, then it would be a great idea to buy Bitcoin once that happens. You could probably have gotten big profit if you do it properly, but yes the time to do it is still yet unknown. Maybe we can also buy gradually and with the current conditions I think this is the right time, when we see Bitcoin crash we feel it is a bad thing but on the other hand we can actually use it to buy Bitcoin, Bitcoin is an unquestionable coin so when it drops drastically I'm sure sooner or later it will return to its highest price |
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It's time for cryptocurrencies to have strict and clear rules, it's been more than 10 years but cryptocurrencies don't have clear regulations yet, this certainly makes us worry about the future, as happened with LUNA which was previously ranked 10 with a price of more than $100 but only take a week to be under 1 cent.
Luna was a horrible mistake - Two of my friends made the same mistake and they have lost trust on crypto. They are not ready to invest in crypto ever again - they say they had no idea that they will end up in such disaster. But that is how gambling works. I think it's normal and when we see it from your friend's point of view maybe we will also do the same thing, no one thought something like that would happen to Luna because previously Luna's reputation could be said to be good and became the top coin, but maybe your friend needs time to believe in crypto again |
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The $100 estimate for the cake is now tentatively certain to no longer come true. Until then, until the next bitcoin halving. If the Cake team realizes good solutions, I think it can reach this target level. It is one of the best amm platforms in the market. It has too many users. They are constantly voting for the problem of inflation and I think it is a good job that they put their investors to vote in this way.
Can go back to the price of $ 20 Cake is already very good, instead of thinking about $100 for the price of Cake, it's better to focus on recovery, we know Bitcoin can still experience another dump, because many experts say we are in the capitulation phase, which means it's not safe, and Cake can also be to $1, so we have to think carefully and correctly |
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I don't think it's right for newbies to invest in new projects. Because if you invest in new projects, it is often scammed or can not continue. We have seen the condition of Luna coin. If this is the case with old projects like Luna Coin, what will happen to other new projects? We have also seen that newbies is admitting to most scams.
Especially with the current conditions, I think for anyone investing in a new project is not the right choice and is very risky, many people also suggest as much as possible to minimize the risk and that is important indeed, investing in top coins is the right choice and much safer |
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Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.
The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?
What will happen next?
How long do you think the market will take to recover?
Market confusing us a lot. It is not clear when the market will recover. But Sometimes it makes me think. The market Beehive like 2018 now. And it will happen like before. Market can recover again in 2024 maybe we have to wait a long time for see a good market and a new ATH. That's how crypto we can't know when the market will recover and it's better to follow market movements at any time, it's not impossible that it will happen but need to see what the trend will be, apart from that, we all hope that the market will recover in the near future and we'll see |
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Holders Matic will definitely know Matic's journey from 2019 to 2022,
and for sure Holders is a winner even though Matic has dropped from its ATH which is $3 and now only has a price of $0.4 of course Holders still won,
we know the early 2019 Matic was launched only at a price $0.01 - $0.02 just imagine and is it now like a dream?
yes it's true, like a dream, and $20 of course might come true in the future
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In the last year, there were indeed many airdrop projects that gave great benefits to investors, and currently with the Meta Mask Airdrop rumors, this will be a special attraction for users, if later this rumor is true then the airdrop project will be more interested of course, but with the current market situation, of course, it will take time to do it all because they will definitely consider not to experience losses just like that.
Yes, the market right now isn't ready for a new project even if was from the renowned Metal Mask. I'm thinking this is more like nothing-burger. Metal Mask no doubt didn't want to waste their potential chance, to hold an airdrop at this time. Yes, that seems to be the case and regardless of whether the project is potential or not, if the moment is like the current one, I think the project is difficult to develop, airdrop is no exception so hopefully the team can determine the right time |
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But this is certainly not the end.Over time, the value of bitcoin will increase again. So long-term investors need not panic.
Every time bitcoin falls too much, there will always be those expectations that it's going to be the end of it. Let's just stop thinking that when the bear comes or when a correction gets in, it's the end of bitcoin. It won't end and have been told to be dead so many times and it ain't dead and it won't be. It's here to stay and no matter how low it can be, there will always be takers that would want to have those cheap bitcoins that have been sold in the market. That's the reason why remove it on your minds about bitcoin being dead. This kind of condition is actually still in the normal stage and when compared to 2018 of course at that time it was much worse, so as you said its better not to worry too much and think this is the end of Bitcoin, I'm sure it's only a matter of time and stay patient waiting for the bull market |
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You are right, given the state of the market Bearish buying the top coins to invest in is a good idea without doing the research as you said, from the state of the market I also see that by buying top coins without doing any consideration, strong analysis and without doing research it seems this will be a regret, so his advice if you want to make an investment you need to underline that doing consideration and research is very important.
The top coins are coins that are already very well known in the market so everyone only does a little research because top coins like Bitcoin are coins that can still recover in the market even though they are currently experiencing a decline in price, but owning Bitcoin and holding it until the market is bullish is which is a very good thing, because everyone just needs the patience to wait for it. The top coins are indeed the right choice and there is no need to doubt it especially during this bear market condition, be it Bitcoin, Ethereum, and BNB for long-term investments it is very suitable, but it depends on each person's decision because everyone also has their own coin choice |
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Well said, I have seen many amateur trader falling for this, when a friend calls them about a coin they don't even try to make research on the specific coin, all they do is invest in the coin and when the market starts going bad they feel crypto is scam or not worth investing in, you have to make research on coin you are willing to invest in especially when it alt coin.
I agree, that many people not only in crypto investment but in other investments same like that. When their friends introduce their success on other platforms many people who don't understand will blindly put their money by following their friends. Any instrument of investment will need research at least before investing so don't be lazy to do some research rather than get scammed later. Investing is not that easy and we can't imitate like their friends do and want instant success, basically everyone has their own process and indeed doing research is very important, at least that way we know what to do according to the results of the research we do |
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I think it's Simple and secure by describing the Password Lock technology. A passkey increases your security by eliminating the need to store and use passwords. That's a good thing because passwords are notoriously insecure. Many people use phrases that are easy to remember and can be guessed easily. So what Apple has done is an incremental act of upgrading, then hackers will be harder to break into
What Apple has done we need to appreciate and indeed there have been many cases of security using compromised passwords, sometimes when we use phrases that are difficult to guess, things like that still happen because hackers are also very skilled at doing that |
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I prefer to have 5 coins instead of 12 coins, because we know the volatility of the very volatile cryptocurrency market will certainly make it difficult for us to manage investments,
especially if all the coins go down and of course you have to put a stop loss if you don't want to lose big, that's why it's better to choose just a few coins than to have more coins.
of course everyone is free to choose, this is just an opinion, and maybe for you it is a trivial thing, but look at this crypto market at work
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of course there are many options for investing in altcoins, especially at this time the price of altcoins can also be said to be very low, and investing at this time is promising, I also choose to invest in altcoins, especially in BNB, for the long term I really believe to BNB, please if you want to follow, but you have to DYOR  |
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Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?
In my opinion, the main factor is community. The team must make a strong project with a good concept. For example, one NFT project "reptile chronicles" has so deep and unique lore. They are making really good content for their community. I read their novels and I was impressed. The project reminds me of a vibe of The Skyrim and Lord of the Rings. . Yes, a strong community will make the project successful, like most coin memes that continue to survive and appear, some die but there are still many who survive because of a strong community, they make social media like Twitter, Facebook, Group Telegram, Discord and so on To convince investors that the project is serious and promising. the community can indeed prove that the project can run well and have a long life, but we can't expect more from a project without a development team, because Meme Coin is a Meme Coin, you definitely understand the risks of investing in Meme Coin, unless they have a development team and that I mentioned is not a Meme Coin anymore |
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Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.
I think MATIC is really a good long-term investment, it might reach $20 but since we are on the verge of the bear market it would take time. One of the best to hold is MATIC which I also hold it and do locked staking which I get profited. Much better to do DCA when investing to avoid getting lost and this should lessen your loss in the future. we don't know the base price, but we prepare the position. bears tear down the matic but I believe it's a good time to buy by keeping it long term or staking for big bonuses. we see bitcoin to the bottom price will reach a point where it is with a minus decline _85% is already good from ATH. I also have a matic which is in minus -70% position just waiting patiently for the miracle of the coming year, a bad day for us yesterday. 2022 is bad years!, not only Matic is down more than -85%, but all altcoins are experiencing this, I myself have also left Matic when the price was still $1, and at this time I'm really still monitoring how the market reacts, because reportedly June is a good month 2022 is not only bad for Matic coin but also for whole crypto market which used to stand around 3 trillion dollar of market cap in November,22 and unfortunately it has come down to less than 1 trillion dollar. I think Ukraine war is the major cause of current financial crisis worldwide. It must come to an end now so that normalcy could return to Stock and crypto markets. As far as potential of Matic coin is concerned, I think its price should be above $5 given its strong use case & market acceptability. I don't think it has anything to do with the ukraine war, this is indeed bear season, meaning that all cryptocurrency markets have experienced a major correction, and indeed it has happened historically, yup, after the halving and bears started, and the facts are what you are seeing now , all of them, including the Matic, so the dream for the $ 20? just think about it |
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