wajik-tempe
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August 18, 2021, 08:10:51 AM |
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Right, when the market is down choose wisely which coin will recover if the market will bounce back. Yes, not all coins will recover because some of the coins were turn to scam or just having a problem to the project so you should DYOR the project before to invest not just investing without doing research or you will regret soon. Top coins were likely to recover so I recommend to invest in the top coins and also good for long term investment.
Top coins is not having a guarantee to recover after the price drops, Just like XRP and NXT drops 3 years ago. Those coins were on the top of marketcap those days but when it crashed, it never touch it's all time high before even when the BTC bullish this year. So i think we have to set stop loss in every trade we made and every asset we hold because sometimes we cannot predict the market going too wild and could eat away our assets in portofolio.
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efxtrader
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Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
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August 18, 2021, 09:54:51 AM |
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Usually the coins that do not return to the highest price or even the transaction value continues to decrease are coins that have no clear project or may be abandoned by the developer. I think there are a lot of coins like this and just in case, we should choose coins that are in the top 100 coinmarketcap
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akar87
Sr. Member
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Activity: 980
Merit: 250
$CYBERCASH METAVERSE
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August 18, 2021, 10:47:06 AM |
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Few coins like BTC, Ethereum, BnB and others will recover on the long term, what many investors should be worried about is the survival of new altcoins probably those that are trending right now, I'd only invest in new alts to make some short term gains, most if them are going to be bad for long term holding, DYOR
Not worried when you buy and invest with BTC, ETH and BNB, although you bought on higher price keep optimist back to recovery and most faster coin pump if bitcoin success touch higher price, I think if you bought BNB on higher price better keep hold and staking it until BNB price back on the track again, you never worry because BNB is most profitable coin and keep touch and make new all time high again.
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lienfaye
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August 18, 2021, 12:24:40 PM |
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Few coins like BTC, Ethereum, BnB and others will recover on the long term, what many investors should be worried about is the survival of new altcoins probably those that are trending right now, I'd only invest in new alts to make some short term gains, most if them are going to be bad for long term holding, DYOR
Thats right. For long term its best to only choose the well-established coins because these coins are unlikely to become worthless and be delisted in exchanges since they have a use case that can solve real problem which make these coins to be a worth it investment. On the other side new coins has a risk that might turn to be a shitcoins thus digging deeper is a must to not ending up in a shit projects.
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Nekonoid
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August 18, 2021, 05:08:45 PM |
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Now gaming NFT is very popular, as they allow you to earn money by playing, but for each gaming platform, large reports are needed for the price of NFT to grow
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akar87
Sr. Member
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Activity: 980
Merit: 250
$CYBERCASH METAVERSE
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August 19, 2021, 01:02:25 PM |
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With so many new projects, there will also be many projects that are not able to attract many investors so that these projects cannot develop properly when they enter the market, it is better if accurate research can provide us with information when investing, such as an active community, a system that is good and a team that works well of course it can be a reference so that we avoid projects that are not good.
How many exchange listing for new project its worth than invest with new project only listed on dex exchange, I see new project only listed with pancakeswap exchange because some time they can removed liquidity and we can't sell coin again. I need new project brave for listing on Binance or kucoin, not only with pancakeswap or other dex exchange market.
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nemey
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Catena X
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August 19, 2021, 02:12:27 PM |
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I agree with you, the coins should be on one blockchain, the wallet is clear that's for sure. Then it has several real functions. Not only that, I also remind investors not to choose coins that are not in accordance with regulations. The reason is, the product can be said to be a wild coin. the point is more that these coins are issued and known according to the regulations in the market rules, so that their existence is not said to be wild and clearer. In addition, all crypto players must also be able to see market trends and opportunities.
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purka5
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August 19, 2021, 03:02:23 PM |
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Now gaming NFT is very popular, as they allow you to earn money by playing, but for each gaming platform, large reports are needed for the price of NFT to grow NET offers excellent opportunities for earning money not only for gamers, but also for the creators of various works, allowing you to earn money on your creativity.
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Woodie
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August 19, 2021, 03:14:07 PM |
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Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.
Timely advise! And the other thing is holding on to a dying coin because you made a bad investment and still believe it will recover should be looked into. If the project handlers(the devs, advisers etc) aren't promising anything positive like a bigger better exchange ,it's a sign that this coin might not grow and you need to step out of that market. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable. This is the way to go but unfortunately Cryptocurrencies sometimes are strange, coins with the best profiles don't always get the attention and investment they need from the community which makes it difficult to pick the best coins.
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labenea
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The Standard Protocol - Solving Inflation
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August 19, 2021, 03:43:46 PM |
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As crypto becomes hot on the internet the more people getting interested to know about it, they are mostly rushing to the market and invested right away without any ideas about it. Because what I observe for them, for the newcomers are only focusing on the profit and neglected to see the negative of the market. That is why, when the market started to decline, they are Panic - Sell.
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alan228
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August 20, 2021, 05:45:42 PM |
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NET offers excellent opportunities for earning money not only for gamers, but also for the creators of various works, allowing you to earn money on your creativity. The price of NFT continues to grow as well as the sales volumes of NFT, so the market decline does not affect the NFT market.
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Bazlur
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August 20, 2021, 06:18:46 PM |
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As crypto becomes hot on the internet the more people getting interested to know about it, they are mostly rushing to the market and invested right away without any ideas about it. Because what I observe for them, for the newcomers are only focusing on the profit and neglected to see the negative of the market. That is why, when the market started to decline, they are Panic - Sell.
Everyone just wants to make a profit from crypto investment. That's why they invests without thinking. But they do not know that there may be a loss from this investment. No one can guarantee the profit all the time. Again when the market dumps they quickly sell their coins. Novice traders are always influenced by others. They must choose the right coin to invest.
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husencoe
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August 20, 2021, 06:30:40 PM |
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It is indeed very unfortunate when we do not analyze further the coin that we want to invest, and unfortunately I also feel that way when I am new to the world of cryptocurrencies, and until now the coin has not recovered, it is better now to invest in the top coins when this, because the top coin is easy to go down it is also easy to get back up
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SDKmaster
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August 21, 2021, 07:13:18 PM |
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The price of NFT continues to grow as well as the sales volumes of NFT, so the market decline does not affect the NFT market. NFTs provide huge opportunities for making money. NFTs are especially popular in games. Players can collect collections of rare NFTs and earn money on it.
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tiffcrz
Newbie
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August 21, 2021, 11:19:19 PM |
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The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.
The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.
Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
Hey, Stakenet XSN is one altcoin worthy of an investment I must say. - Undervalued but has high potential to rise with the upcoming launch of their beta Stakenet DEX. - A project with real utility. - Not a buy-product of hype or meme. - Continuous development since 2018. - Built by a wonderful team of professionals. - Active discord/twitter community. Please check it out.
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ogundowotoby01
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August 21, 2021, 11:56:50 PM |
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The cryptocurrency market is more like the wild Wes in the digital technology space due to the type of projects that source for investments from investors in this market, a lot of prohects do not really have good value and the gained market capitalization due to the hype around the type of project 5hat they were like NFT Defi, etc. So when the bear market comes around and the prices reset moat of this ow value projects will not recover
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Mohsin420
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August 22, 2021, 02:46:54 PM |
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It's right time to invest in altcoin because altcoin session not started yet but if we buy now in dip and used parts statergy then we will get a great benefit from altcoin . Now also market looking good .
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altixz
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August 23, 2021, 09:03:11 AM |
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I agree that only those projects that have large communities and that people really need are being restored. Therefore, it is very important to support the community and increase it. It is important for any cryptocurrency to have a large community, but in order to develop and maintain a community, a cryptocurrency must be useful and interesting to people. After all, people will visit the community only if it is useful and interesting to them.
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Nekonoid
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August 23, 2021, 09:13:20 AM |
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NET offers excellent opportunities for earning money not only for gamers, but also for the creators of various works, allowing you to earn money on your creativity. The fact that even despite the fall of the market, the price of NFT continues to grow and the price of NFT does not depend on the state of the cryptocurrency market shows how useful NFT is.
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Lantind
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August 23, 2021, 10:56:41 AM |
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It's right time to invest in altcoin because altcoin session not started yet but if we buy now in dip and used parts statergy then we will get a great benefit from altcoin . Now also market looking good .
And have you done what you said now? because some people just talk in this forum pleasantly, but he himself never does the things he's ever said to anyone else, so it's not all about how many strategies we already know, but how much we have implemented now.
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