Actually this is a hard situation for gamblers whom do really make use of bitcoin because they would really be needing to deal with the fees.
But there are options to choose but that gambler must have other altcoins to save the fees. And the other condition is that the casino must be accepting different alts. The fees really are quite of a pain theae days but there is a way and alternative. This should not be a big issue now because almost all of the casino offers more altcoins to gamble with along with bitcoin. If anyone cant afford the high fee of bitcoin or ethereum, they can use dogecoin or litecoin to deposit and gamble. Also after bitcoin have reached all time high, people prefer to gamble with cheap altcoins more often than with bitcoin. Indeed. Most of the casinos now are offer different altcoins to gamble with and that would be pretty convenient for those gamblers who don't want to deal with expensive fees. It is hard to gamble with Bitcoin because of the expensive fees especially if you are not a big-time gambler hence having different coin options to gamble with can really be helpful. Personally, I've been using litecoin when I gambling because it has cheaper fees compared to Bitcoin. |
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If you looking for a long term investment, there is nothing too late if invest in Bitcoin, but if you looking for short or mid term investment, Altcoin is better than Bitcoin, Out there a lot of altcoins still sleep and if the time comes it will be pumped, so find it and invest your money there, and remember diversification your investment
Better if you focus on bitcoin first before branching towards other altcoins because there is a big sea.of altcoin out there and it is difficult to find the right in the pile of trash so you better have a strong foundation before finding other means to make money. You have a point but if you are capable of determining which coins are good to invest in and which are not then I'd say you'll be fine. Bitcoin is kinda increasing right now so I can't say if it will be the right time to buy or not but if you are no weak hands then why not, we're still in the bull cycle anyway so there's a chance for it to grow even more. Nevertheless, pretty sure there are still some altcoins that are not pumping yet perhaps it is worth entering on that one but make sure to do some proper research first before investing. |
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If the governments want to increase the price of bitcoin, they can do it in just one single day. What they have to do, get the president of that nation, it would be better if it is a big nation like USA or UK or anything like that, let them say "bitcoin and blockchain are a wonderful technology, we as a government will try to implement that as much as possible into government branches" or anything else that is as positive as that, start with allowing people to pay taxes in crypto. That's it, you need nothing else, if you do this, if Biden for example or Boris comes out and says this, that's it, that's done, we are talking about basically bitcoin doubling in a week if that happened. If they say they are planning on putting some bitcoin into national reserves? That's like dream come true for all of us, we will go over 200k+ very easily if that was done. I don't think we will see that kind of approach very soon. Most governments want full control of their financial aspect of things. With bitcoin or other cryptocurrency, it would be hard for them to have full control. This is the reason why many governments are banning or not legalizing the use of bitcoin, because they don't have the full control of it. Some will just make a reason that it may be used for fraudulent activities, but so with fiat currency. But the difference with fiat, is that they have the full control of its circulation. Whereas, with bitcoin, they will not have the full control of it, but they can regulate the use of it. In fact, since the beginning the government has always opposed the presence of Bitcoin, even the government is trying to kill Bitcoin, so as not to endanger fiat. The government does it all because they are frustrated that they cannot control Bitcoin, therefore some countries choose to reject Bitcoin, by deeming Bitcoin illegal. But there have been many attempts by the government to make Bitcoin look bad and hope Bitcoin dies, but unfortunately Bitcoin has survived until now. Even the price of Bitcoin is getting more expensive and the demand is getting higher. So finally some countries started realizing that it was impossible to beat Bitcoin, eventually some countries started accepting Bitcoin with certain limits, for example only accepting Bitcoin as a digital asset. But this has been very good progress, I even believe that in the future all countries will accept Bitcoin. Yeah, Bitcoin will be fully accepted across the world, some countries might not ready to accept Bitcoin but eventually, their mind will change as every country accept it, to put it simply it is just a matter of time they could impose some regulations, of course, like imposing a tax or something. They hate crypto because they cannot able to control but I do believe that some of them even use it for their personal gains cause we know how much really it can provide. Besides even if they impose a ban on it there will be still some ways to access it that is why crypto adaptation is inevitable. |
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I think they were instead trying to build their own coin, but I doubt they will release it. They are probably watching closely what Facebook is doing and how their coin may or may not be adopted. Huge companies by now realized that there is nothing that can seriously compete with Bitcoin. Not from a technical standpoint, but the ideology behind it: freedom of choice, neutrality, etc. All the characteristics that decentralization offers and people value.
I am not aware of Amazon building their own coin, if the big companies are trying to replicate Bitcoin then it wont be successful as a project, they need to evolve and coming up with something unique will help in having the project covered while many companies right now is looking at this market as an opportunity to make money and the free publicity they can get if they invest in Bitcoin and hence the numbers will be huge. There were tons of rumors about Amazon Coin or some similar digital currency. They are not interested in replicating Bitcoin. They want a coin that is sufficiently centralized such that they can reap either profits from transaction cost margins or they want to be perfectly able to collect tons and tons of data about their customers. Well if that is the case then I don't think that coins would be popular on crypto investors because they choose crypto because of decentralization and keep their identity hidden online. That Amazon coin would be the complete opposite of crypto coin I'd say. Anyway, we can't be so sure but that's my opinion perhaps it could be interesting in its own way. But I think instead of creating their own why not just invest on crypto coin or something like Elon Musk did that would be better for me atleast. |
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In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.
I think the BNB price will continue to rise again, maybe it will hit $300. Don't hesitate, if you've made a profit from it then go on. Observe the market and stay calm If you sell it now, and in the future it will rise further, then the question will continue to be asked. Is BNB investment safe? We're in the bullish season so keep them. BNB was a good coin so there's no doubt it is good to invest however, the price is quite high right now but if can afford to take the risk, and if it goes into your favor then that would be a good profit or you could wait till the correction before to buy. BNB is quite popular with investors due to cheaper fees unlike does ETH network has that is why it is preferable to use by most of us. This coin has a lot more room to grow yet the bull cycle was not yet over so there possibility that it will grow even more. |
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the bullrun isn't over just as we had expected and since it had already crossed several times to $60k i guess it will once again try that resistance which i guess many of us will still be selling by the time it crossed that price again.
Yeah, the bull run is not yet over which could be the enough reason for anyone to buy more bitcoins right away but it seems most of the people are ignoring the current cheaper bitcoins as market is witnessing sideways for last 3 to 5 days. Bitcoin is trading between $56k to $52k as its both resistance and support levels are firming holding respectively. I guess this will not continue from tomorrow onward. We are going to enter a new month which will be definitely a complete different one from the current market scenario. I am speculating about reaching $100k levels within this May month; let's wait and watch how accurate my technicals are. during some side ways these days, and forming a defense area, we have to be careful, because usually after that there will be a big movement, either a downward correction or even a bounce up after breaking through the defense area. I think if we are still able to hold it for a long time, buying now is not a problem Indeed. Besides bull run was not yet over so I haven't seen any problem buying right now though it may go under correction once again after reaching $60k as long as you can hold it up then there will be no problem. I also believe that Bitcoin will be pushed through breaking its current ATH, and I don't think large institutions are done accumulating so why not go along with them pretty sure it will be pushed into 6 digit who knows. Anyway, the thing is no matter what price mark you buy it won't be a problem as long as you can hold it for a long time. |
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My estimate is ...
$120,000K.
I've been pretty accurate in prior years. Lets see!
You could have provided some evidence at least so we could tell if you are telling the truth. Anyway, we can't exactly tell if it will reach a digit this time I would say it possible since everything can happen in the crypto market. Besides, a lot of speculations made that it will reach 6 digits soon and I can partly believe that since Bitcoin is currently making a good run right now after a deep correction moreover, I believe that large institutions will push it through so they can maximize their profit. |
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People have often compared crypto to stocks since owning a coin, represents your "share" of the decentralized blockchain network. Exchanges act as brokers in a similar fashion to traditional stocks. While stocks are fiercely regulated, crypto is the "wild west". Cryptocurrencies are extremely volatile, while stocks are much more stable. Despite crypto/Blockchain tech's popularity, stocks are still preferred by mainstream investors and traders alike. Which asset types do you think are better: crypto or stocks? Is crypto getting closer to becoming regulated just like stocks? What do you think will happen if institutional investors come into play? Will stocks transition themselves to the Blockchain? Or is it still too early to tell? Your input will be greatly appreciated. Thank you.  I don't think these two can be comparable because it will depend on individual preferences like if you are a person who is more challenging and risky then crypto would suit your taste but if you prefer the less risky and stable one then the stock would be better for you. I don't think crypto would be completely regulated due to the fact that most of the coins here are decentralized and it can be only regulated through centralizing exchanges. If you would ask me I prefer crypto of course since it is more volatile meaning more profitable in a single amount of time but could also dangerous if it the market dumps, so basically investing in crypto market is like a double-edged sword. |
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What is the worst piece of advice you've received since you first began dealing with crypto? Mine was to take pictures of my wallet seeds with my phone so I don’t lose them.
The bad I received when I just started in this crypto space is to invest in some Ponzi scheme to double my Bitcoins. Not gonna lie it was really effective at first but when you get comfortable with it and you put your trust into them that is the time you wouldn't get your payout. After a time I learned to never invest in Ponzi because it is not effective to earn profit but instead effective from losing your funds. However, I am grateful I did that because of that I gained experience and I learned from my mistake. |
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With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever? Look at binance coin and many of those other coins that are literally doubling in a week. Now the btc dominance is going so low. And even when btc goes up... you don't ever see it going up that much percent in a week. I mean... its rare to see bitcoin say go up 50% in a week yet tons of altcoins do it.
Well, simply because Altcoins has a lower market cap than Bitcoin making it more volatile hence, it is easier to be manipulated. Bitcoin could also give that rate of profit however, it will not be possible within a week not unlike some altcoins because it will take years for Bitcoin to have numbers. However, altcoins can be a double-edged sword in a way of it could give a huge profit multiplier within a single amount of time but they can dump at a huge rate as well. If you are into quick profits then I'd say Bitcoin was not the right option for you. |
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There is no doubt that ethereum is the next token to bitcoin But nevertheless now there are a many individuals who might contend that reality due to the development that we have seen with the eth coin recently however that to the side it still remainds the best coin close to bitcoin. It is the most put coin in after bitcoin and has one of the greatest number of clients on the lookout. And i also think That says alot about the coin if you were to ask me because im sure ethereum would soon break $2000 and its to the moon from there
I agree, we seeing that even the gas fee is so expensive and other crypto users switch to Smart Chain, they're many people support the ETH. It remain unbeatable at top 2 spot. ETH 2.0 brings hype to ETH even it delays, I think it's a good way to increase the price but they need to release it. ETH hits fresh all-time high at $2,700 and we'll see a lot of breaking all-time high this coming months. Many institutions already processing their partnership with ETH like the recent news that make ETH price surge like the digital bond with European Investment Bank (EIB). Indeed though ETH has overwhelming transactional fees it remains the 2nd spot of having the largest volume in the market. Imagine if ETH 2.0 got released, I hope that the fees should be fixed by then, that would bring more investors and it will push the price even further. Most of us prefer to use Smart Chain right now as it has a cheaper fee compared to ETH but once it gets fix there's a possibility that everyone will switch back to ETH. |
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Falling days are over and the chance to buy bitcoin at a 20% discount is too.
But they are trying to push some new FUD for the following week(s) to try and keep the price down and maybe even short it a little more. It is impossible to predict how the market is going to react to this new FUD though, so we may end up seeing yet another bear massacre where they lost a ton of money relying on their FUD strategy soon.
Hard to predict on what would be the market condition in next following days but its good to read the news since actually we can get the latest info on what are the big fuds that can possibly affect the market although we don't have an idea on what will happen on future still we should have back up funds to buy in the dip if we really want to earn on bitcoins. Also we need to focus on our positions so that we will not end up being massacred if the market fall. Yeah, I've also thought the same thing. The Crypto market was hard to predict because there's a lot of factors that could possibly affect the price in the market that is why it is highly recommended to look upon some big news or event that might be a factor. However, that not will always be the case because there are circumstances that these factors could happen in an unexpected way like the dropping rate of mining rates due to flood in China. The thing is anything can happen in the crypto market, it is possible to drop at any moment which is why we should always be ready. |
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Every country could create their own crypto but I think no centralized crypto currency could ever replace or defeat Bitcoin.
I for one would support our country's crypto if they choose to create one but I would still choose Bitcoin over it when it comes to Holding or investing.
Yeah and few Big countries already did like China but I don't think that would be enough to rival Bitcoin because first of all people like decentralization as a matter of fact this is one of the main reason why it is popular with investors because it cannot be manipulated by anyone, the price can only be determined with the demand and supply. Some countries try to defeat Bitcoin via banning and it really does affect Bitcoin but not entirely besides, people have their own way to pull of transactions even if it is banned through P2P. So I cannot see any reason or factors that could defeat Bitcoin |
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Hello Everyone,
I just curious, How way you choose to saving Bitcoin ?
Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.
No that would be an arduous thing to do because you will monitor and manage those 10 wallets at a time, which also could even cause confusion like mixing up your passphrase or something. However, I'd say that is very effective if you are extremely cautious with your funds. In my opinion, if you think that you are not holding a vast amount of Bitcoin perhaps you could place them in just one wallet by that way you could also save some fees upon getting them out but if you hold a vast amount of it then I would understand of creating multiple wallets for you to store. |
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Since Gates last appreciation regarding crypto back in 2018 when he said that he would short BTC if there was and easy way to do it, Bill Gates recently described Bitcoin as a mania/bubble so he is still pessimistic, while others like Elon Musk have revealed that they believe not only BTC could rise exponentially in value.
Who's right? Let's discuss.
I think it doesn't matter who is right here because we all have different perspectives. If Bill Gates was still pessimistic with regards to crypto then we cannot do something about it because he had his own instinct, perhaps he saw Bitcoin was still not firm enough that is why he calls it a bubble while Elon Musk, on the other hand, saw something an opportunity on it that's why he takes the risk and try to venture in Bitcoin. The thing is we all have our own opinion towards a single matter so we cannot just say they are wrong for what they believe in and you were right, it doesn't work that way, why don't we just respect each other's opinion. |
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Most people just learn the basic of trading which is just executing trade, but this isn't enough to be a successful margin trader if not you keep loosing funds, you have to learn about chart patterns, know how to analyze trade, know how to read candles. With this knowledge of technical analysis you could actually know when to enter and leave the market, like it's said no one can actually know the direction of the market! I might be new but with my studies I can say technically analysis could help to predict the market to an extent. Trading futures without knowledge of technical analysis is just like gambling because you don't know the next movement your just trading based on luck
Yeah, pretty much a gambler I'd say if you will trade without having enough knowledge because even those people who have enough experience and knowledge and making their own analysis still lose, now imagine those who have can't read market charts. However, in another way of trading like a spot or something those persons who have no idea of reading the chart can still win and that is through following the current trend. That strategy is the most commonly used by newcomers in the crypto market. This could also somehow work on future trades but not all time of course. |
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this is not a fud and its not intended to scare anyone or make you dump if you cant hold especially the newbies and paper hands. just to get you prepared ahead of it. lets hope we dont go lower than that else we might take much longer in this dip.
Well, I'd like to see that one but it turns out to be $54k right now. I felt sad for those who panic and sell their coins believing it will gonna fall down drastically but it turns out not. Bitcoin moves in the opposite way and currently running up once again to break its current ATH those who buy at the current dip will certainly enjoy their rewards and those who sell will are now making regrets. The cycle was still not yet over large institutions are not yet taking profit I believed they will push it further so for now don't worry about the bear cycle. |
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They are called "investors " which means they are also driven by the desire to make profit, not a charity organisation, so yeah they are very capable of dumping their bags of btc anytime they see fit, just as they enter into the market without any approval so also they will exit without seeking approval, this somehow the disadvantage of having this institutions as investors because they have the financial means to control the market.
I wouldn't say that anytime because these institutional investors are calculating when it comes to when they are going to dump their coins, it's not something that an individual investor will do where you can just dump it anytime you want, they are going to find a way to maximize their profit when they dump their coins. Even if they have the means to control the market, the market can still recover as long as there are participants in the market. Anytime also means calculated time to dump, using the term 'Anytime ' don't mean they are going to sell when the market is down! You should be able to interpret that easily, institutions will sell whenever they feel it is beneficial to them and don't require any special procedure to do so hence my meaning of Anytime (it could be weeks, months, years) This is business for majority of this institutions so don't think they won't take profit whenever because that's the one reason they invented. Because since the beginning the institution buying Bitcoin was indeed the goal to get profit, so I agree with your opinion, that whenever an institution sells their Bitcoin, it is impossible for them to sell Bitcoin when the price is dumped. Because they definitely don't want to suffer a loss. So if Bitcoin dumps, I am sure that institutions will not panic sell, because institutions that buy Bitcoin will buy with the extra money they have. Therefore the institution will continue to hold Bitcoin, until the price goes up again. This is what ultimately makes Bitcoin fundamentals even stronger. Yeah, it is just a basic thought large investors enter the market to earn profit not to waste their money and time from it so if they saw the market dipped, either they will buy even more or will just hold. The one who will only sell at this dip is those individuals who have a weak hand, panicking over a little dump. That is why I am pretty sure that Bitcoin will push further reaching 6 digits sooner and then perhaps that would be the start for them to make a profit. This bull cycle will not go off that easily because they will make a way for it to not enter the bear cycle until they get their targeted profit. |
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Even such data have been given by the OP through the picture provided, still I am not convince we scenarios are not that always constantly be happening over time for there might be external factors that may affect the sudden changes for we have already know what to expect when time comes. It will still be good to assess first the situation before coming up into a direct action and respond on what we can see and observe if what will be the best resort to do with the situation we have on hand. With that, I cannot barely say what will I do on the month of May. Let us just wait and see.
You do have a point, that is why the market was still unpredictable because there's a lot of factors that might happen and affect that cycle within those months. That is why I choose to ready all the time, I will sell and buy whenever time I want. I will not consider using that data and I will freely trade whenever I want depending on the current market trend but I'd say that could be pretty useful for some cases like ff you don't any plan what to do with your coins probably you could use it as a reference. |
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Which coin would you buy right now?
I wouldn't say those coins you have mentioned are bad but perhaps rather than investing one of those you pick over the top listed coins in the market, those that have a larger volume, it would be much safer to invest with them compared to those coins you have mentioned. Besides, they got some dip this time perhaps taking that opportunity would be more rewarding don't you think? Personally, upon investing in altcoins I do stick up on top listed ones like ETH, BNB, and more because they are really promising and have a higher odds of taking a profit in the future. I didn't say sushiswap, IOTA, and AVAX wouldn't be profitable in the future but I just can't take the risk. |
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