I think bitcoin is also good for inflation protection. Provides benefits that exceed other investments. It's just that not everyone likes risk because the risk that bitcoin provides is too big so it's not suitable for people who just want to be in the safe zone. However, for myself, I prefer bitcoin because I can get profits.
When you hear bitcoin, what most people think of is a big risk, it is undeniable that it is true but when we understand it I think we can minimize the risk, after all it comes back to each person's preference |
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The burn is as a result of the price increase, since the start of the burn ETH has taken a new wave of price changes. so there is every reason for the price to get $5k before the months of September runs out. let watch and see!
Don't just watch and see the current rise in ETH, but take advantage of these opportunities and opportunities that still exist to find a good profit on ETH, because if it really breaks through to $5K within this year, I'm sure there will be a lot of people who benefit greatly from ETH. If you see that point better to take your call and bring something inside your wallet, take your chance to benefits from this asset. Hitting $5K is very possible as there are many investors who love pushing this coin and love to hold and invest in, go and take position yourself and setup your goal for the best outcome. When there is an opportunity to get profit we need to make the most of it so as not to regret it later, but back again before deciding on this at least we need to consider it first, what is certain is that it all comes back to each person's decision |
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I'm very interested in the topic you created to remind us to continue investing in the future. What is clear for myself before I invest I settle all my bills. After all is done I will invest 20% every result of my hard work.
Yes, everyone has management in spending money, therefore when investing we must consider it, if we think long term I think investment is quite important for the future |
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Cake and Sol are good coins and I don't think they are suitable long-term investments. For me, the coin is suitable as a short-term investment.
Ethereum, Binance Coin which is more suitable as long term investment advice. It would be even better if Bitcoin.
Actually Cake and Sol seem to be with us for many years. It may not be right to see it only as a short-term investment, I don't think they will lose their popularity for many years. Of course, they are not as reliable as bitcoin, but having it in your wallet after a few years can earn you good money. All coins in this message can be used as long-term investments  Thank you. Means Cake and Sol are good to include in the long-term investment list. Wouldn't it matter if they were classified as new coins in the market? When compared to Bitcoin, they are indeed very different, but the fear of not lasting their level of popularity makes me who is new to crypto feel hesitant. Yes I think it is a natural thing for someone new to cryptocurrency to have doubts, you better keep learning and improving your knowledge, because after all knowledge is very important and don't take it lightly |
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Bitcoin is different from the traditional financial model, which brings more benefits and freedom to users. More investors will choose to invest or hold bitcoin for a long time. Bitcoin's price volatility provides holders with opportunities to obtain more profits, and its quantity supply is limited, and it will not cause currency depreciation due to excessive printing like traditional legal currencies.
Bitcoin's development is still in its early stages and its value will continue to rise over time and people's needs, it will have a lot of room for development in the future.
Exactly, developments will continue to improve as more and more large international companies adopt bitcoin, this will make the demand for bitcoins increase and the global community will also continue to grow so that the future will be bright, let's be part of the community that will change the world of transactions. Yes indeed with the development of the times many large companies began to be interested in Bitcoin, of course this is a good thing for the development of Bitcoin itself, Talking about cryptocurrencies, especially Bitcoin, I never doubt and from year to year will continue to grow |
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The three pillars that must exist in trading, one of the three pillars you mention does not exist, so it is not perfect. That's roughly what I think.
Technical skills come first in trading because we really have to know what coin or token is a good opportunity for us to trade.
Analyzing and doing research is very important in trading, I think every trader should be able to do this because after all when choosing coins to trade, of course, there is a high possibility that later they will lose money, what is certain is that trading is not something that is easy to do and the risks are also big |
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I just want to share this. When I first learned about bitcoin and other cryptocurrency, I also shared it to my friends and told to my family members about it but they didn't believe me and they thought that it was just a scam.
Yes its the same with me too . they even thought I was gambling with the lure of trading. Yes indeed everyone has a different vision and view of everything. they need evidence and mainstream stuff to recognize something. while in the past crypto was only for a part of the internet user community and more for the "geek" person. now crypto has been recognized as a trading asset globally. As we are more exposed to the internet, in gadgets during this pandemic period, the more we heard about Bitcoin. It has become hot and many send their interest in the trade as many people are saying it was profitable stuff. But I could just say maybe as it for sure it never works for others. But we can't deny also that this thinks helps for many individuals who have the capabilities and some just consider this as a pure investment. From year to year we can see for ourselves that more and more people are interested in Bitcoin, even more so in this pandemic condition other than that what is a factor that more and more people are interested in is the price of Bitcoin which continues to rise, Trading or investing in cryptocurrencies can indeed be profitable but it is not easy and the risks are also big |
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Seems ADA and Cosmos for me these two are the trend for August and it might be still a trend this coming September. Historically September isn't good for Bitcoin but the decline of Bitcoin doesn't mean the rise of these altcoins because they tend to have much further decline than Bitcoin.
Of course it will be interesting if both are still trending for next month, indeed, when Bitcoin fell, most of the altcoins also went down, so there is a possibility that ADA and Cosmos in September could go down, but it does not rule out the possibility that both of them will actually increase |
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There are so many chatting groups available out there on telegram I know one group that is CRYPTO ENTHUSIAST DISCUSSION more than 150k member available and most of the people are active so if you are finding such group then this will be good for you.
It's great to have a telegram group that discusses anything about cryptocurrencies, because that way when we have problems or difficulties we can ask there, but indeed we have to find the right group that has active members so that it will be easier when sharing experiences |
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Ada will hit $3, then $5 and after that $10.
Of course it will hit $3 and $10, and even $50. The question is when? Everyone wait for smart contracts to be launched and that stimulates the growth. But what will happeb when this is achieved. What else is gonna stimulate the growth. And dont forget that we need to find out the reactuon of the community. What if bsc and eth smart contract are still better? Then there is no much need from cardano. Of course everyone is waiting for confirmation regarding smart contracts, and when it comes to smart contracts between binance smart chain and ethereum both are still the best at this time, the most important thing for now, it's better to keep abreast of existing developments |
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I think the point depends on the government, if indeed more governments from various countries could legalize the use of Bitcoin, news, or advertisements on social media, yt or blogs, even in the game's world, it would more appear again and could increase the popularity of crypto of course. Basically Bitcoin over time... will become famous on its own and its popularity will naturally increase I guess, it will propagate from one source... to another.
We can see that from year to year the popularity of cryptocurrencies continues to grow, the proof is that there are many famous people there who support or participate in the cryptocurrency campaign, so when it comes to popularity I don't have to doubt it anymore |
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I would only consider quitting when I am constantly losing money rather than making money when I do trades but I think that it won't happen anytime soon since it's a decent win for me, probably I will stop trading when there's a much better way to make money than trading and I haven't seen any opportunity yet so I will be here for a long time.
Of course it's very sad if we trade instead of making a profit but instead losing money continuously, if this happens to you I think there is something wrong with your way of trading, when we lose money we need to evaluate it so we don't repeat the same thing |
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The possibility is still high since most BTC is out of the exchanges while demand still continues to rise. Since the crisis still continues and institutions are buying up Bitcoin, there will be lesser in the market. $100k could be achieved. The history of BTC exceeding the ATH every time there is a bull run happens every time and ETH is even following its footsteps towards up.
It is quiet difficult to happen this year but yes bitcoin has surprised us again and again so it can surely happen. It has happen even in a matter of one month because in past we have seen how fast bitcoin grows within few days, but i would say 100K USD is still a bit far. Talking about $100k for Bitcoin I don't think that's going to happen anytime soon, indeed Bitcoin has grown drastically we can't argue with that, but we also have to know that to reach the current price it will take many years |
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there are many investment choices that we can do but it cannot be denied that investing in bitcoin is the most popular investment today. The limited supply of bitcoins and the ever-increasing demand for bitcoin make the bitcoin price continue to rise. for that reason why bitcoin becomes a very promising investment in the future.
You could say every year the price of Bitcoin continues to increase, Of course it's all inseparable from supply and demand so the price can still go up who knows how much, what is clear when talking about Bitcoin for me there is no need to doubt it |
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actually this is the right time to buy or add more crypto assets, because in my opinion the price of coins in the market now is still not too high and still has the potential to go higher
That's right, while there is still a good opportunity or time, I don't think it hurts to buy, even so we also need to do analysis and research on coins so that we can buy coins properly, obviously consider well before buying |
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That's right. Knowledge is the key to success. Even developed countries such as Singapore make knowledge, science, and technology the key to future success. Developed countries both Europe and America even provide large funds for education and technological developments in Singapore. Knowledge is indeed very important to support the success of both the community and the country.
The role of the state is needed to be able to provide good education, education is an important key to make the country better, countries that want to progress will of course make education a budget priority, the results of policies are certainly not instant, it will take at least 10 years to know whether the policy is effective or needs improvement. Indeed, if we talk about education, its role is very important. because that's where we learn everything and I think someone's thinking is also different when he does education with someone who doesn't, what is clear is that everything requires a process and for education itself the results can certainly be seen in the long term |
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that's why you have to use free money if you want to last long in crypto. because what we know now to do hold must take time and patience. if you only have one money and it is used for crypto you should be prepared to sell early if the need is pressed. think if you want long term holding
It is much better if before starting to invest or trade we have to prepare ourselves, because we have to know that in cryptocurrency it is very risky so we have to be really ready if one day we lose money |
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Bitcoin is still on its way bitcoin is not losing its purpose bitcoin is being used as a digital currency and traders are gaining by investing in bitcoin than trading every day it is better to keep it for a long time. If you don't understand the market properly for trading, you will lose everything if you make a mistake although bitcoin has not yet been introduced as a payment method in the whole world everyone is assuming that it will be accepted by everyone very soon.
What bitcoin is currently achieving in my opinion is amazing performance, the larger number of users makes the price continue to rise and this is according to the laws of the market so no one can manipulate. It's true that we can see for ourselves since the beginning of the appearance of Bitcoin the price is still very cheap, and now we can see the price is really going up and of course this achievement is not easy to get, I'm sure Bitcoin will still go up, the most important thing for now is just to wait |
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the entire market is gaining momentum in the last few days back and ethereum have been on the lead in the alt-coin market, many analyse have predicted a $3k ethereum price before the end of the week but just this morning the price of ethereum passed the $3k price which have forced many price analyse just like myself to have a rethink about the new all-time high and have adjusted my prediction of the next stop price to $4k ethereum price before the end of the week.
considering the high and lows in the cryptocurrency market, what are your next ethereum price predictions.
the price of ethereum is now according to coinmarketcap reaching $ 3.1k maybe your prediction is right, ethereum if you can consistently reach $ 4k in one week. but it depends on how the ethereum market is doing over the next 7 days. it's unpredictable We'll see later in the next week because after all anything can still happen, of course we also need to look at the ethereum market too, For now I think there is no other choice but to continue to follow developments |
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You assume that the bitcoins will stay in demand for many years to come and the demand is feeding a long-term price increase, but that is flawed. Gold might have been the go to option for people, because of scarcity ...but bitcoins are devalued by the massive amounts of Alt coins that are being added every day. You see, for every new Alt coin that are added... the demand for bitcoins decrease... because people are now buying shitcoins and not bitcoins anymore. So the Bitcoin killers are all the Shitcoins and forks and GovCoins that are going to be added in the future.  Maybe your opinion is right and it could happen in the future, but again anything can happen whether Bitcoin will still be the main choice or the demand will drop, despite all that I'm still sure that Bitcoin will still be in demand and we'll see later to make it clearer |
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