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Messages - MRY

Pages: [1] 2 3 ... 12
1
For me, I don't want to sell most of my Ethereum just to buy one Bitcoin. Instead, I pair Ethereum and Bitcoin together on Bitget's smart portfolio. This way, if one goes up in price, I make money on the other one. I think Bitcoin might go up first before Ethereum. If that happens, I'll get more Ethereum from having them paired. Then, I'll unpair them and wait for Ethereum's bigger price increase to make the most profit.
Keep holding onto the Ethereum that you own because there is a possibility that the price of ethereum will rise to become very expensive when the SEC starts accepting Ethereum ETFs. Indeed, there is no guarantee that it will happen, but at least we have to be prepared if it happens then we just need to wait for the right moment to sell it at a high price.

2
Bitcoin's direction remains uncertain, but I was fortunate to have paired some USDT with BTC on Bitget's smart portfolio, which allowed me to accumulate more BTC as it dropped. Now that BTC is pumping again, I've already increased my holdings and am hoping this upward momentum continues for further profits.
I think you are very smart about investing because when the bitcoin market is dumping a lot everyone should keep some usdt and with that saved usdt to buy bitcoins should make a good investment position. If Bitcoin is bought from such a position, it can be seen that a lot of success can be achieved by investing in a short period of time. I have the same mindset as you towards investing when there is a lot of dumping in the market I hold some USDT and it seems like there will be no more dumping from here and it will go up then I invest and it turns out that I got a lot of success in a short period of time.
The dumping market for bitcoin will still exist, there is still the next wave that has not yet been created, just wait, I don't want to create FUD for bitcoin but from the analysis I did of several price movements after the halving it looks like it has decreased. Prepare as much USDT as you can.
Yeah as this signals accumulation then if we do have USDT with us then we can fill in our bags right after we can pinpoint the best entry. You are absolutely right as I can also see down trend on 1 month time frame good sign for buyers but I don't know how deep it take this cycle until the next rally.
Only whales can determine what price Bitcoin will fall to, we as ordinary traders who don't have a lot of money to influence the price of Bitcoin can't do anything other than wait for the whale's movements. Stay patient and increase the USDT we have so that when the price of bitcoin falls to a cheap price we can buy quickly.

3
Bitcoin Forum / Re: ordinals and inscriptions
« on: Today at 06:29:58 PM »
this graph from mempool is not bad, I like it a lot
It's a good resource to see what's happening to the mempool
although my favorite graphics provider remains glassnode

except that it costs a lot, $40 a month... if anyone has it and wants to share the expenses and account
Maybe for those of you who often trade using Bitcoin, you will really need Glassnode to accurately know the trading volume and price movements that will occur in Bitcoin, whereas if we don't make too many Bitcoin transactions, I think the mempool is enough to monitor transaction costs every day.

4
Well, sometimes the effect is immediate because things with bitcoin usually take longer, it is entering a new market, an unexplored market and things can be better defined when they have to happen for operations to accept all this, the new technologies They are crucial and things have to happen when they have to happen, that is why when we seek to be more successful buying bitcoin, it is best, buy while you can, how will the price be affected? Yes, it is better to buy because when the price rises things will go much better, so given these things it can be intuited that later we can expect a good bullish rally, and if it happens it cannot happen.
Buying bitcoin does not make us successful, buying bitcoin will actually give us the opportunity to become rich, success will be achieved when we do something with the skills we have, I just think of buying bitcoin as saving money for the future.

5
Bitcoin Forum / Re: ATH of bitcoin 2025 ??
« on: Today at 06:18:42 PM »
Bitcoin will touch what price at ATH 2025.
By looking at Bitcoin's movement during the end of 2023 and the beginning of 2024, can we predict what price Bitcoin will touch ATH? 
By seeing at the chart on coingecko and CMC, it seems that bitcoin will touch more than 100K USD.
After the ETF was approved, bitcoin fell..
What happened ??
But for now, bitcoin increase again.



well I for one would like to know the highest number for all of 2025 and the exact day it happens.Then I could sell all my btc and buy it back cheaper.

So I will guess $123,456.78 on 03/03/2025 is the peak number for all of 2025 and the peak day
Everyone's hope is that the price of bitcoin rises to a high price, but the problem is who will buy bitcoin when the price is that expensive? The numbers you mentioned are very unique and hopefully the whales will read your comments and immediately increase the price to your desired target.

6
Ethereum Forum / Re: ETH is the king of crypto!
« on: Today at 05:29:42 PM »
I can only say ETH is the queen of crypto cos it deserves recognition as the preeminent cryptocurrency, having pioneered the creation of tokens and revolutionized the industry. Also, to capitalize on the growth within Ethereum's ecosystem, I strategically pair Ethereum with various Ethereum-based tokens on Bitget's smart portfolio. This approach enables me to accumulate more Ethereum automatically if those tokens outperform Ethereum's price movements.
You make good use of several features of Bitget and not many people use the method like you, when you use Bitget to minimize the time spent looking at coin prices on exchanges then it provides good value for you.

7
Ethereum and Bitcoin are both strong cryptocurrencies. Initially, Ethereum seemed superior until the emergence of Ordinals on Bitcoin and Bitcoin's Layer 2 solutions. Now it's difficult to definitively state that Ethereum is better than Bitcoin.
We know that more and more new technology is being created, such as the creation of Layer 2 Bitcoin called Ordinal. With a system like this, the cryptocurrency network will continue to develop. This creates a variety of networks that can be used and when you want to make a transaction you have to pay close attention to the destination address and make sure it is the same as the one in your digital wallet.

8
Ethereum Forum / Re: When etherium Hit $5k
« on: Today at 05:21:50 PM »
We have been waiting for a long time to touch a new milestone of Ethereum. The price of etherium has gone down a lot in the past. But then for a little while Ethereum can touch  $5k. But do you think Etherium could touch $5k?

Ethereum's price journey has been turbulent, with significant drawdowns. While a $5k milestone is promising, it may face challenges. But with it given  potential and the crypto market's volatility, a breakthrough to $5k is possible if favorable conditions Align. I m sure if this and that why I paired it with Bitcoin on Bitget smart portfolio. This way, if Bitcoin experiences a bull run before Ethereum, I'll accumulate more Ethereum from Bitcoin's gains. Then, I can unpair them and await Ethereum's typically larger bull market cycle.
Usually the movement of the price of Ethereum will follow the movement of the price of bitcoin, the movement of the price of Bitcoin and Ethereum does not have a long enough distance, unless one of these coins has good news such as an Ethereum ETF that agrees, then the price of Ethereum in the market can increase very high without having to follow bitcoin price movements.

9
Some coins on BSC Scan tracking suspend as scam coins or not and you can check there about which one in your wallet is coins indicated scam,
in other way you can check with smart contract are the same based on data in Coingecko website or not because many similar coins with BSC scan network receiving in our wallet for every one active make transaction with BSC scan network.
I don't know has way how to stop receiving many kinds of scam coins in our wallet with BSC Scan network, but be carefully currently has another way by sending us scam USDT stable coin, when approving its smart contract your assets gone.
Usually the perpetrators will send scam tokens to those who put certain assets into the wallet that we have, for example I have token assets with the BSC network in a wallet like BNB, then the fraudster will try to send tokens with almost the same name or even the same but have a different contract. different, the goal is to bring the wallet you have to immediately exchange the wallet to the site they have modified and when your wallet is connected it will give them full access to make transactions to the wallet you have.

10
I don't like this because it shows that the crypto market is also influenced by politics. Binance should limit sanctions to individuals directly involved in this war instead of impacting all Russian users. The Russian people also opposed this war.

You see, that would require too much work and investment. So what do these companies do? They just put a blanket ban over everybody, because justice is too expensive to be served.

Meanwhile the actual puppet-masters behind the Ukraine war get to move their funds freely, with fiat, and be relatively unharmed. In fact, it's really only North Korea who is rampantly abusing crypto privacy.
I wonder why many countries that have a lot of money, such as North Korea, America and other countries, really like war? Couldn't the money we spend on war be used for humanitarian action and would make the world live longer? If war continues, the worst impact will be to destroy the world so that the world will not have a long lifespan.

11
We don't need to predict the price of BNB, we just need to believe in the development of the BNB project. As long as they still have their own exchange, there is still an opportunity to develop the coins they own, perhaps by means of an IDO or IEO which is often done on the Binance platform and there is a reduction This BNB supply will also increase the BNB price.
Yes, as long as the BNB token continues to be supported by launchpool + launchpad programs on Binance, demand for trading within the BNB chain ecosystem, and token burning events from Binance's revenue, we can still be confident in its price appreciation potential in this cycle and in the future. My only concern is that with its already large market capitalization and fierce competition from newer ecosystems in the market, the BNB token may still be able to set a new ATH but it will be difficult to achieve the same impressive price performance as in the 2021 bullrun.
It seems that Binance will not stop and will continue to burn to reduce supply, which may continue to increase, which, of course, will prevent prices from increasing in the future. Apart from that, they have carried out many innovations because, without any updates, they can reduce the trust of investors who have continued to support them until now.
In my opinion, BNB will be like the event in 2021 which gave a surprise with its ATH, which can be done at the moment when the upcoming increase occurs.
In fact, this is something that is very good and should never be stopped, the burning program is very useful for BNB price movements, we can see that the price of BNB from the beginning of the year has been very cheap, but with various programs such as burning and launchpad, BNB has a price this expensive.

12
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: May 08, 2024, 10:53:20 AM »
Anonymity is good for the general people even though there is a risk of misuse, but it is bad for the governments. Generally, governments all over the world want to tax everything. They don't want anything is hidden from them because they get a good amount of tax from its peoples resources.
Exactly, the government sees cryptocurrency as a good place to make quite a large profit, therefore currently many governments in several countries are trying to regulate the circulation of cryptocurrency, especially bitcoin. They try to regulate the circulation of cryptocurrency by imposing quite large taxes on those who have cryptocurrency assets.

13
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.

Bitcoin cannot be purchased directly, so we use other methods, for example by purchasing a stablecoins such as USDT Tron, BUSD.

The purchase is through a broker, who receives a commission of 1-2%, then transfer USDT Tron, BUSD to any central exchange, and then buy Bitcoin at the market price.

The problem is when transfer Bitcoin from the DEX to the wallet, they take a high fees, in addition to of course the broker’s fee. But this is the only solution available here.

Is there another solution based on your experiences?
Well, what you already said, I would say is the only solution for anyone who lives in a place where they can not make online payments, for example, here in Nigeria when crypto currency was still very new, we used to be able to buy crypto directly from exchanges with our bank debit cards and so on, but after a while, international payments with our local atm cards was blocked by the central bank, and crypto trading was banned also, so we all shifted to p2p means of buying and selling our cash for crypto or crypto for cash.

Today and right now, the ban on crypto have not been lifted yet, but online payments have become very rampant and now, we can comfortably buy and sell crypto and make payments through online means without the government knowing exactly which is crypto payment and which is not.

In the nutshell though, if card payment works in your country for international transactions, then it's possible to buy crypto and pay directly with your bank card (if crypto is not banned in your country though), but in a situation where bank card isn't working, then the only effective solution remains p2p.
So far I have seen only 2 countries that give permission to purchase bitcoin directly using your bank card. In my country, if you want to buy bitcoin, you have to buy USD based on the Tether network and send the USD you have to an exchange until finally you can buy it. bitcoin, it is quite complicated because in my country there are still no rules or regulations regarding purchasing bitcoin legally.

14
Cryptocurrency Trading / Re: Do not neglect fundamental analysis.
« on: May 08, 2024, 10:47:19 AM »
To really get an accurate prediction in trading traders are often required and advised not to totally depend on technical analysis, forgetting fundamental analysis. With proper timely information from the news, you can make a lot of profit on a trade.

If you know that you will not be able to keep up with news updates as the come up, you can make a smart move on setting notifications on various crypto news handles on social media platforms like X, so that whenever there's a new development consigning cryptocurrency and a particular coin you'll be among the very first people to hear about it. Some traders make millions from just taking advantage of the news, and they are also able to avoid losses too due to fundamental analysis.

With Technical and Fundamental analysis, the chances of making profit from a trade increases massively.

         -   Actually, technical analysis and fundamental analysis are a good combination to use both of them; they should not be separated, mixed, or fought; it should not be like that; instead, they should be side by side, which will help our traders in the crypto space.

Maybe the others just don't know how to do fundamentals, and maybe they only do technical analysis most of the time, so just study it if you have the chance.
No matter how good the existing fundamental analysis techniques are, when you trade on Meme coin and applying analysis like this of course it won't have any effect, techniques like this can sometimes only be implemented in Bitcoin even though they are not completely in accordance with what we have learned.

15
Cryptocurrency Trading / Re: Bitcoin Hit $70k For First Time.
« on: May 08, 2024, 10:45:22 AM »
Traders is actually making more than those who hold longer because they can sell every time there is a bearish pattern and buy again when bullish meaning they are making more profit percentage than you are holding.
I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.
If we have excess capital, we will have the potential to make more money when trading, and when we lose money, we will lose more money.  The more capital you use in trading, the higher the chance of profit and loss, so every trader should have adequate knowledge about trading and then start trading. If we trade in the wrong way with too much capital, we will lose money instead of making money. Whenever we use extra capital and trade wrongly, our losses will be high and we may get frustrated many times because of these losses. So a trader can trade with a relatively small amount of money at the beginning of trading, then when he has enough knowledge about trading, he can use more capital and trade in the right way to make a profit.
It depends on how you trade even if you have small or big capital without knowledge about risk management then you will lose a lot than making a profit.
That is why you need set a trading rule for your self only risk 1% on every trade they called it 1% trading strategy or 1% risk rule meaning you shoundnt risk more than 1% of account capital on a single trade more than that you won't make any profit in trading that is why it needs proper risk management and make sure to analyze the market to place a trade on a good position where you know you can win the trade.
There is no perfect prediction in trading that is why you need to set this rule to be able to be profitable in trading.
Sometimes with this theory we can minimize losses, but you have to know that everyone's economic conditions will definitely be different, especially since many people can read strategies like this, the whales will try to be even more aggressive so that no one can withstand the risks that have been given by them. many people.

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