~
That's unfortunate and I felt really bad, that is why it is never recommended to use your money in investment if you cannot afford to lose it because it is still not certain if you will get it back or make a profit from it, especially that you have just recently entered this field. But if you will insist on going to invest make sure to invest in Bitcoin or top high volume coins in the market as they are less risky than those altcoins. And if you are going to invest in altcoins make sure that you did some proper research first due to the fact that it is risky. |
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From what we all see, even a coin that we thought a garbage coin, pumps and generates billions of volume, and not only that, it made people profitable. What I'm referring to is the DOGE coin, I thought Bitcoin would be the most profitable but it seems like people are making money from the craze of DOGE.
So the question is, do you still believe in experts now or just ride with the FOMO and enjoy cashing out on short-term trades profit?
I love to hear your thoughts, I feel like it's becoming like a bubble already.
Well, not all the time though garbage coin will stay garbage unless there will be someone who will hype that coin as Elon does on the DOGE coin. Altcoins can be more profitable than Bitcoin the fact that they are more volatile compare to BTC but of course, it has a higher risk. Regarding your question, I think it is still much better to believe in an expert because they have fundamental analysis but right now the market is more likely run by FOMO or something so I think there's no problem with riding them because as they say follow the trend but do make sure that you should know your limitation and know when to make an exit. |
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Not all the cheap things are worth it and so does the dips.
There are things that are meant to be cheap so don't buy it all.
Remember that not all the sales on supermarket are really on sale sometimes they are just disposing some of their products because it isn't selling well.
Yeah, I'm partly agreed with it, not all cheap was worth buying or investing in because the will be times that even if you buy at a cheap price it won't go up anymore. That is why before doing anything make sure you do some analysis or proper research to reduce the risks. In the case of Dollar, I don't see any reason why you should skip this opportunity because pretty sure it will go back to normal if everything gets fixed up. Anyway, it still your call but make sure you plan this well. |
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Do you think there's a possibility this will happen in the future? If not, why? What do you think will happen once mixers (both custodial and non-custodial) are banned by the government? Will this force people to use privacy coins more thoroughly? Or will everything remain the same? Any input will be greatly appreciated. Thanks in advance  Well, if Bitcoin keeps having such allegations then there's a possibility that its mixers could become illegal in the future. It's been hard for the government to monitor illegal in this network so certainly, it will be imposed as illegal, it just a matter of time unless the government can pull something to halt illegal operations. I was not so sure what will happen if mixers will get banned but perhaps it will reduce the number of users I guess. Using privacy coins would be an alternative though but the pretty sure government will still do something about it. |
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It's a good time to take some risk with exchange tokens, remember that exchanges tokens are more capable too when bull is alive, last month WazirX, a crypto exchange project that no one is talking about was at 0.08$ and now it's 4$, some are already underestimating ToKOcrypto, another exchange token from binance again, though this isn't a financial advice but how can we change our lives for good if we don't take some risks?
Well, there's nothing wrong with taking risks after all because just like they say "the greater the risk the more profit" however, you don't want to just take all the risk without learning everything. I mean it is still better if you will take a look and do some proper research first on that particular token before taking the risk of investing it so you could mitigate your risk exposure. Personally, TokOcrypto has a future coz I've been on their airdrop, and not gonna lie it is pretty rewarding besides, it got back up by Binance so there's no doubt ToKOcrypto was worth investing with. |
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Not all traders follow the same strategy. Every experienced trader uses their own trading strategy. The direction of the market movement in the coming days depends on many things. You will not always be able to predict the correct movement of the market just by looking at the candlestick, it may require fundamental analysis.
So not all traders look at the market in the same way, there are many traders who look at the market differently and have different systems to analyze the market.
Indeed, there are a lot of factors that could affect the market that is why there will be times that even if we predict the movement of the market through candlestick there's a chance it might not happen. That's also the reason why some traders not sticking up to their strategy. Predicting the market through candlestick might able to give you the exact movement but this would be better than have nothing and guessing a random prediction like gambling. |
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When some people miss the opportunity to buy at a cheap price they just spread fuds on the internet like an idiot. When it is at that price range many people ignore to buy, now that the price is already high they wish for it to go low. It is like they wish for a time machine that only exists in movies. Regret always comes last, if you will keep getting stuck in the past then nothing will happen. Bitcoin has still a lot to grow so buying it at its current price is not a bad choice. If you still hesitate, then just wait for it until it hits 6 digit mark.
That is why it is better for us to take all the opportunities as much as we can. Bitcoin has a lot more room to grow in fact it is just starting, if you think it is too late to buy then imagine if became 6 digits soon. Though it doesn't matter when you will buy but do it early as possible for you to maximize your profit. And if you think you bought it at a higher price, you don't need actually panic and sell it when the bull cycle ends because it will once get it back on its feet and grow even further. You could also purchase when some corrections occurs though. Just do it now so you wouldn't regret it later. |
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We can't compare the E-payments such as the Paypal to cryptocurrency they have to understand first what is Bitcoin and other Cryptos they might be surprised of the price change of the Bitcoin and cryptocurrency compared to Paypal and other E-payments. Cryptocurrency is volatile.
Well, you have a point that e-payment like Paypal cannot be comparable to cryptocurrencies because of volatility but we can say that cryptocurrency can be an e-payment. Cryptocurrency especially Bitcoin is believed to be a currency in the first place but due to the versatility of Bitcoin, it became an asset to store value. However, personal, it is better to use Bitcoin most of the cryptocurrencies as a store value due to the fact that it is volatile and possible to grow your funds over time. Anyway, it still depends on us on how we will use our crypto whether as a currency or as a store value. |
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Dan Pena said in an interview which was being uploaded on tiktok that he knows who is behind or the founder of bitcoin. He then said that if people know who is behind bitcoin then bitcoin will going down to zero. He also state that a bitcoin user could not literally sleep well at night due to market instability and security. I posted the link below guys. What do you think? https://vt.tiktok.com/ZSJBP8faQ/ Honestly, who would believe in that kind of statement by just a random guy especially on tiktok? Besides even if Satoshi decided to reveal himself I doubt everyone will believe that he is the real deal unless he shows up his bags of Bitcoin by that then it would create a panic. However, I don't think Bitcoin would go down to zero, it might drop at a very large scale though. Besides, I don't think he will let his creation get destroyed in exchange for his fame or whatsoever. What I've been thinking is that when he decided to sell his Bitcoin that would really make Bitcoin devastated which I don't think gonna happen. |
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Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
I don't think so. Even though ETH is now showing a good run I don't think it will be enough to dethrone Bitcoin on its position. Perhaps those altcoins can outperform Bitcoin through transaction fees, speed, and more but in terms of market cap, I don't think so. Besides, the decrease of Bitcoin dominance doesn't necessarily mean it will be replaced by any altcoins, but not gonna lie this might be the start of altcoin season that most of everyone waiting for so you might want to fill your bags with some altcoins. |
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If I lose in trading, I will not run from the loss. I will keep trying to trade. But I will take a break for a while to calm myself down and rest to analyze better than before in the next few days. That is important for us to learn from the mistake that we made before to know what we need to fix and have a better chance to make a profit. It is normal to lose from trading, but how we can deal with that is a matter that every trader can not do because that will be hard to accept the loss.
That is a good approach in dealing with your loss, knowing your mistake, find out what have you done working, and making a better analysis. Taking a break from having a consecutive loss is necessary for you to calm your mind and get out of the pressure because emotions have a big impact upon dealing with your trades. Loss is just part of our trades this became our lesson to not repeat the same mistake. Well, I can't blame that person who OP mentioned on his thread but I can't blame him, you should know your limitation, don't trade if you can't able to handle your loss. |
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At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?
Just have some patience mate, I believed a $100k mark within this year is possible it's just there are a lot of factors that cause delays. Besides, Bitcoin was not going to increase all the time, expect that there will be some correction will happen and that is good for the market to set a new ATH. Moreover, the bull cycle was not yet over as a matter of fact this cycle is expected to extend next year so there's no doubt $100k is possible it is just a matter of time. Just keep holding |
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Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people
To be sincere I think all of us also wants to get that profit, if we are given the chance we will still do the same. And of course I do know for sure that a lot of us are making use of it for transactions and purchasing things online, but even at that we also invest money and we expect profit from it. If you were these billionaires I don’t think you will like to throw off your money in Bitcoin and leave it there, you will still come to a point where you will decide that you should take profit after the price goes up. My advice will be that you take profit when you can. That’s what I do, because I have other works that I do, I take my profit and invest in other businesses and also invest in bitcoin when I can. It’s as simple as that. Very well said. Billionaires did not enter the market just for fun or anything, they were here because of profit as we do. There will be a point where they are going to take profit and with that amount of holding they have there's a possibility that we might enter the bear cycle that is why before then enjoy the moments where you can take a pretty decent amount of profit take as much as can because we don't know what they're thinking. Though there is no sign of selling out right now still we should be always prepared. |
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Spelled 4rd instead of 4th  Scammers were top-notch once, what happened? It seems you have a keen eye for noticing small details like that because though it is already suspicious there are still some people who fall in that kind of scheme and sadly they are the newbies. This kind of scamming technique is nothing new in the industry where phishing sites is all over the internet that is why we need to be aware and knowledgeable enough to avoid these scheme, as much as possible double-check the site you are going in. Fortunately, you can able to find flaws in this one but there are still a lot of ways to scam people, that is hard to determine whether it is legitimate or not that is why we should always be aware. |
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Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future? What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. BNB was undeniably a good coin and it is possible to reach $1k soon since it continues to grow day by day, however, I don't know if things will change if ETH 2.0 release will have an impact. Smart Chain has known to have cheaper transaction fees that's why investors choose this network over to another network. Besides, there will be coming an NFT this June, this will certainly have an impact on BNB's growth. Anyway, everything is possible in the crypto market besides BNB is showing a good run so there's a high chance for it to reach $1k |
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alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.
Well, I knew this feeling where you have difficulties holding your money because there will be a time that you need money but you've got nothing so you'd pull your investment and use it. However, you don't need to invest and hold all of your money, diversify your money would be a good solution for this one, the money you should only have to hold in crypto is your savings instead of sitting it in the bank. Besides, you don't need to hold your it for a long time just set your target profit, in that way you won't have a problem managing your funds. |
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Well if that is true then Bitcoin will definitely pump and if it is not then there will be no changes no dump or whatsoever, it will still increase but slowly. $20billion is no joke, that would shake the market, it will bring hype resulting in FOMO and we know how Bitcoin pumps after the TESLAs announcement. Personally, $20billion was too much to be true and if Alibaba has certainly bought that amount Bitcoin's price has already surging up but what I am seeing is a slow back and forth movement. Anyway, let's wait on the 13th of May. |
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It’s the best financial advice, covid is the marketing keyword to remind you, if you don’t spend every last penny in the wallet, you can never have a chance to spend that again. Spend until you drop you plebs!
Well, you do have a point cause we don't know when we can last long in this world so better to spend and enjoy our money as much as we can but you should also know that you are not alone. There is still someone who can benefit from your saving like your peers and family. Your saving will not be in vain just make sure to give someone in your family your seed phrase and such so they can still access your wallets. Others might find it stupid but I'm not because it does really makes sense but make sure to set a limit, don't waste your money on unnecessary things. |
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The whole point is that the person who invested in bitcoin in 2010 would not have been able to hold it to this day. The temptation to sell and take profit is too great. Therefore, it seems to me that there is not a single person who still holds bitcoin since 2010.
I kinda agree on this one because you have a point, for what I believed there's no can pull off that thing none other than satoshi himself. First of all, you never know that Bitcoin would grow this much because if you do then perhaps there's a high chance you could pull this off. Usually, if you saw your invested money grows 10x or more you will be tempted to sell because you don't even know if this will continue to increase or not so you will definitely sell. However, now is different because everyone knows the capabilities of Bitcoin and it becoming mainstream perhaps this will push for some individual to hold their BTC for long time. |
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I have joined like 100 of Airdrops in the past 3 - 4 months, that too from the telegram groups which post Legit Airdrops "As they claim", but I have only received tokens from 5 Airdrops only and most of the Airdrop channels have changed names and scamming people.
I was thinking about joining Bounties like we have some of them in here, anyone have any experience with them, is joining them worth the effort it requires, like weeks of work, posts and stuff.
Please tell about your experiences about Bounties.
Bounties sure did worth trying, however, first of all, you must work on your account first because I am afraid you can barely participate in a campaign with that rank and if you do perhaps that campaign was not good as you think of probably a scam or something. As much as possible grow your account on the full member at least so you could participate in those campaigns that are handled by reputable managers which I believed was already mentioned by the other member. Anyway, I do have experience in joining bounty campaigns, not gonna lie there are times I get unlucky upon choosing them but sometimes I'm getting it right. Just do some proper research first before participate that will increase of getting a good reward. |
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