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Author Topic: Recent situation of Cryptocurrency...  (Read 518 times)
tycsols
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November 11, 2020, 10:37:49 PM
 #41

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
As many news outlets have turned bullish now so i assume market is entering the big bull cycle which means big moves up coming with small corrections and if this can be confirmed somehow i see market going crazy in next 4 to 5 months.

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November 11, 2020, 11:16:36 PM
 #42

The cryptoqurrency market is currently starting to recover slowly or show its value again, especially with the price of BTC you can see for yourself that the increase in BTC has been very significant in the last few days even according to my personal analysis BTC still has the opportunity to reach its highest price again. this is only limited to my perception.
The next correction will not last more than 2 months but Bitcoin is going ahead for the next bullrun. In my analysis, Bitcoin could dump again (last time). Altcoins price is equal to the first and second quarter. I think the best opportunity is holding our top altcoins. New altcoins profits are more, but we can't trust all of them.

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November 12, 2020, 03:22:07 AM
 #43

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
Yes, the market lately is attracting because a lot of new projects appear, but careful not that the project is good and gives you peace of mind. After what has been done some new projects will appear and I see those projects as such projects all focusing on DeFi, beware DeFi is out of the hottest phase and but projects emerge. recent projects could be scams.
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November 12, 2020, 05:31:42 AM
 #44

It is more likely that in the future all these "going up" coins and tokens will fall as quickly as they rose if (when) BTC will drop again. And do not tell me that the cryptocurrency market is decentralized and does not depend on anything - our market is just as dependent on the main player as the regular market is dependent on the US.
If BTC falls, the entire market will fall and you will not be able to do anything about it.
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November 12, 2020, 06:15:24 AM
 #45

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
Yes, the market lately is attracting because a lot of new projects appear, but careful not that the project is good and gives you peace of mind. After what has been done some new projects will appear and I see those projects as such projects all focusing on DeFi, beware DeFi is out of the hottest phase and but projects emerge. recent projects could be scams.
It is right. We need to be careful to select the project that we will use as the investment.
If we think that the project can not grow in the future, maybe we can sell our assets when the price increase and moves to the other project.
It will be no problem if that project will get a pump and dump because we can use that moment to buy and sell the token to make a profit.
But if we doubt that the token can have a bright future, we don't need to risk our money to invest in their project.
Many other projects can give you a profit, and all you have to do is search for the right project.
But that will not be easy as we know that many projects are trying to invite the investor to join with them.

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November 12, 2020, 06:37:40 AM
 #46

Most altcoins depend on the price of Bitcoin. However, we shouldn't focus on projects that can't boom alone. You indeed have to do your own research before investing in a certain coin. If I were you, I would prefer to invest with top coins where I would have an assurance of its strong foundation.
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November 12, 2020, 07:09:54 AM
 #47

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
At this point i think people will be focusing on bitcoin more, so new projects emerging at this point need to be considered, whether new projects can survive in the stage of looking at btc. But no one is interested in altcoins in the future price increase. Perhaps the hype of DeFi in the past time has also left us many lessons about this market, if these new projects do not work about DeFi, they do not know what to do.

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November 12, 2020, 07:30:14 AM
 #48

The current situation is very good even in all Crypto currency exchanges it is very stable and has recovered, it's just that there has been no new breakthrough regarding its development for Crypto currencies, maybe only a few large companies have entered to boost the growth of Cryptocurrency to make it better in the future , I hope there will be a lot of big companies coming to make Cryptocurrency currencies for growth to be better in the future ...
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November 13, 2020, 12:56:27 AM
 #49

Situation of Cryptocurrency is really bright for future because its bringing some really amazing ways of good and better life for millions of peoples and this technology is going to be more amazing and we will able to have many new digital ways of life just because of this many new cryptocurrency projects also have good future mean good profit for investors and good impact on crypto market but still before investment we have to check few things like team and project is very important otherwise scammers have their own ideas.
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November 13, 2020, 01:01:31 AM
 #50

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more

Depends on the project.

Sometimes, even in an active project with active developments, they are struggling to cope up with the crypto volatility.

But I admire those projects who are doing their best despite of that. So it's a good reference that always looked at how devs are handling their projects before deciding to be involved in that project.

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November 13, 2020, 02:01:21 PM
 #51

Utility tokens and coins increased in number and that is the reason why we are seeing this huge pump. Reality is that during ICO period there were tons of coins that existed but used for nothing. They were just... there? Nobody had any "reason" to buy them because they were useless and they just said "we could be accepted around the world!" and that's it, bitcoin doesn't have that type of use case neither but it is actually accepted and loved around the world, these new ones didn't had that and claimed they could be like that with absolutely no proof.

However lately in the past 6 months with emerging DeFi market, people finally found tokens and coins that could be used for something, from staking to liquidity providing to many other stuff, and when there is a reason to buy a coin the price of it increases a lot more.
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November 13, 2020, 02:17:37 PM
 #52

The so called current sitiation of cryptocurrency, in my opinion, happened many times now in many instances since Bitcoin was invented and many coins were created after that. And it continues to this day, where many companies and projects compete for investors to invest. We just have to learn to know the trends and to know which projects to support. Everyday is always a challenge.


Yes this is really true. This also happened in the previous years, since there were so many crypto coins that were being created, so many projects that were also  started but sometimes it didn't lasts or they failed. As investing into cryptocurrency is very risky, I agree that we should really look for a project that we know it will become big and successful in the future to support with.
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November 13, 2020, 02:49:40 PM
 #53

For now the value of the cryptocurrency is rising especially the value of bitcoin which continues to increase, and we expect this will continue and can last a long time because many investors who are not yet sure the value of bitcoin can currently last long in the current high figure but some believe the price continues to rise until it reaches the highest lift of the year, and all this depends on the positive news that continues to spread to the project that can benefit investors and hunters bounty.

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November 13, 2020, 03:20:55 PM
 #54

There are many newly created project in this industry so it depends if the project will truly stand out and has a good performance. We all know the market is volatile so this situation of crypto currency is unpredictable. And this is very important prior investing is take time to search a good project to invest which can give a return of profit.
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November 13, 2020, 07:21:29 PM
 #55

What specific events you want to tell? they may affect the market but it doesn't make sense if the event is just coming from a nobody project. If it's a project that belongs to a group, a group that's very known in the crypto community it will really give a huge effect. And it will give greater effect if from that group, there's a personality that's very reputable and well-respected. Otherwise, events that you're saying won't give a lot of affection.

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November 13, 2020, 10:18:37 PM
 #56

Lately Crypto has been doing just great and we anticipateore growth from the market. Lots of awareness and big guys have joined Crypto. Digital currency is the only way forward and Crypto is that king. Let's watch it!
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November 13, 2020, 11:43:15 PM
 #57

There are many newly created project in this industry so it depends if the project will truly stand out and has a good performance. We all know the market is volatile so this situation of crypto currency is unpredictable. And this is very important prior investing is take time to search a good project to invest which can give a return of profit.

Only few of them will survive as not all of them have actual application in the market. Most actually are created for the benefit of the dev team. You will see if they are serious about their platform if they can deploy their use case. Otherwise, they will bank on fud and manipulation in the trading market up until they got the funds they wanted and finally disappear. So even if we have projects introduced everyday, the market is not yet saturated as we also see coins or tokens dying everyday.
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November 13, 2020, 11:50:56 PM
 #58

I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more

Even if this is happening we must be careful on what coin/token are we going to support, there are so many traps that is going on in the DeFi coins, in fact so many of them are reported in the scam section, they are like the ICO in the olden days, don't put all your trust on those tokens or you will be burn.
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November 14, 2020, 04:02:49 AM
 #59

We are having pump because Bitcoin is getting pump too. Those altcoins who got pump is just lucky to have a decent whale in their project. I don't know if those pumps last but I'm sure that those pumps are just temporary and will get dump again once new investors gets in.
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November 14, 2020, 04:16:57 AM
 #60

We are having pump because Bitcoin is getting pump too. Those altcoins who got pump is just lucky to have a decent whale in their project. I don't know if those pumps last but I'm sure that those pumps are just temporary and will get dump again once new investors gets in.

when new investors gets in that will not cause a dump but it will pump the market more not unless if old investors sold . bitcoin was pumping and some major altcoins are affected because they also show a nice increase but the rest of the minor alts and tokens only show a verry tiny increase if they are lucky while those that arent are dumping .

if a coin is controlled by a whale it dont need to wait for btc pumps because a whale can pump it anytime of the day but major alts dont need a whale , they just pump naturally  .
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