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Messages - EthereumDev_
1
« on: Today at 10:29:18 AM »
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Profit and loss is a common thing in trading business it is very natural that there will be profit as well as loss. But I am particularly concerned about fear and greed, and I will talk about greed because I think it is one of the most dangerous things in the trading world. However, if a trader can control his greed then he will be able to progress in trading. As far as I know a trader is the one who suffers the most due to greed.
Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunity
Sometimes we really have to control the desire for profit that we get, when we get more profit than the capital we use then we should be able to sell and withdraw the profit, but if we look at bitcoin at the moment I'm sure there are still many who have kept their bitcoin from 2010 until now it's 2024 with the price of bitcoin already very expensive as it is today.
2
« on: Today at 10:17:20 AM »
for beginners they need experience, dude. so let them gain that experience by studying the market and determining when to buy. because there must be doubts when buying for beginners when they see a dump market. because they don't have a good analysis of the market
Agree with what you suggest, beginners do need a lot of experience to directly trade on the exchange so that they will know the right time to enter and exit the exchange. So far, there are still many traders who sometimes make wrong decisions and end up losing money because they are forced to sell their assets at low prices.
3
« on: Today at 10:14:41 AM »
So the best is to restrict users from US to avoid their problems.
That's what those wallet's owners have thought and that's the reason why they stopped allowing US users to use their wallets. I know they had to take such action to protect themselves from the sanctions of the US government, but such aggressively disallowing users of a country to protect themselves wasn't the best move I guess.
When the US government has given a statement like that, it is best for those who have assets in Phoenix wallets to immediately move their assets to other wallets. As we know there are still many wallets that could be used as a solution to this problem, the Electrum Wallet might be worth considering.
4
« on: Today at 10:08:58 AM »
The weekend is always low on transactions, it has been that for years, the lowest point is usually right before the working day on Monday begins for Central Europe, that's when Asia is fully awake and back and activity starts picking up in the western part also, you can see that we dropped to 16sat/vb during that time.
Nothing new, it started to look just as road traffic, pretty predictable!
I never come to know about this but sometimes I do noticed something like this, I don't know is real because when I do carry out transaction on weekend, like Saturday or Sunday I usually observed that network fee is always low, but from Monday to Friday I often see it very higher even without the Runes compromising the network that cause the surge of gas fee to that level it was last week.
Usually I make transactions at certain times and not using the daily method like you do. We know that humans need time to sleep and stop all their activities, so I take advantage of opportunities like that to make transactions and so far it is quite efficient because I always get transaction fees. which is quite low.
5
« on: Today at 10:06:40 AM »
We all know how potential Ethereum. We all know it is the rank #2 in cryptocurrency market place.
Maybe you are eying for higher price and aiming for much bigger profit. Also possible that some of us here have a different point of view why they hold Ethereum.
You can share your opinion/reason why hold Ethereum?
Bitcoin is currently the number one cryptocurrency followed by Ethereum coin. And this Ethereum platform has the most investors, one of the trusted coins among the Altcoins. It is definitely possible to get more benefits if it is held for a long period of time, because of the huge ups and downs in price and the investors have a lot of faith in it. The most trusted altcoin platform is the Ethereum platform, its current price is up to $3433, and it touched up to $4000 before the halving took place. I think holding Ethereum coins will definitely reap the most benefits.
Exactly, so far the price of Ethereum has indeed touched $4000 again but Ethereum was unable to do that. Based on data on coinmarketcap the highest Ethereum price was at $4632 and that happened in 2021. Bitcoin has touched a new ATH but Ethereum is the second king of all cryptocurrency coins in circulation have not been able to touch the new aTH.
6
« on: Today at 10:01:58 AM »
Along with ETH, BNB and SOL have become two very potential coins. They won't overtake ETH in terms of marketcap or price but their price will increase a lot so these 3 coins are very good to invest in.
ETH may even break $10k in the future but we don't have the patience to hold until that takes a long time. We can predict many things but cannot patiently take advantage of them. Only those who have patience and enough money to invest are able to take advantage of these and they are gainers
For now, BNB and Solana may not be able to beat Ethereu's trading volume, but one day when the project developed between BNB and Solana is better than Ethereum, there is the potential to beat Ethereum. I believe nothing is impossible with cryptocurrency price movements.
7
« on: Today at 09:58:00 AM »
Will Eth get to 3k this month?
an old question but worth answering , but isnt better to ask now that if we will be reaching 5k in the next month?
from almost 5k 4,891$ is the ATH of ethereum and now stays at 3k , its best if we will look into that level and not just that old post question .
If there is good news from the SEC stating that it accepts the Ethereum ETF then there is a possibility that the price of Ethereum will rise to $5k, but if there is no then the price of Ethereum will stabilize at the current price and will tend to fall depending on market conditions.
8
« on: Today at 09:56:37 AM »
There are always certain criteria and Binance must have reasons and can prevent it from being able to carry out transactions in its place. It is clear that those who trade there are, of course, with good intentions, although there are quite a few who misuse it, but it is certain that many more are for good purposes. Of course, there will be mechanisms that can be implemented by Binance for abuse that deviates from the rules made by Binance.
Basically we use Binance to trade, but if we see other people using Binance as a place for crimes such as money laundering and others then that is their decision because I am sure Binance has provided policies for all its users who commit crimes will definitely take firm action.
9
« on: Today at 09:47:55 AM »
It had crossed 550$ a few days ago, it was increasing continuously but recently there has been a sudden decline in the market, whose effect is read even on the binance , at present the BNB price is at 430$. i believe it will shine again soon.
When the price collapses as happened some time ago due to a correction in the price of Bitcoin, it seems that many people sell Bitcoin when the price is still high like this, including miners who have obtained very large amounts of Bitcoin.
Unfortunately the price of Bitcoin has started to fall again to $65k, this has made many traders panic and it seems they are having difficulty increasing the price again, the Halving doesn't seem to really interest traders anymore, many prefer to sell Bitcoin as long as it still has a high price .
Price ups and downs are normal, don't you have to panic when you see BTC going down if it is in a correction period, today BTC has given a price increase, although not in a large amount, but it has shown that there will be a significant increase in BTC
Bitcoin price movements will always be like that, what we need to do is continue to follow bitcoin price movements made by whales who have lots of money to control the price of bitcoin in the market according to their wishes. When the price collapses, take it as an opportunity to buy more bitcoin.
10
« on: Today at 09:45:55 AM »
Binance can manipulate BNB prices but it's not that big, because we have to go back to the basic factors that influence prices, namely demand and supply. Unless BNB burns its coins in large quantities, it will have a huge impact on the price of BNB. Binance is just trying to keep BNB from falling, that's all
That's right, that's why the Binance exchange always provides several useful launchpad events to cover their ways a little when they want to manipulate the price of BNB. We just need to follow BNB price movements and we will automatically make a profit.
11
« on: April 28, 2024, 06:26:59 AM »
The good news is that many Chinese securities have approved ETF ethereum, hopefully the SEC will soon approve it because this will have an impact on the price of ethereum in the market. and I am also waiting for other altcoin ETFs to be approved in the future like BNB, Solana etc
It should be good news that many Chinese securities are starting to accept ETFs, but can you provide information on which securities have started accepting Ethereum ETFs? Please provide complete information so that users who read this comment get useful information.
12
« on: April 28, 2024, 06:22:48 AM »
Ethereum, in my opinion the fees are expensive. Even if it's cheap when traffic is low, many investors and traders wait for that time to make transactions. DEveryone hopes that Ethereum gas fees will be cheaper, and the team has a solution to this problem. Although whales don't care about gas fees
When you see Ethereum with quite expensive fees then you have to wait until the gas fees go down, transaction fees have now dropped to 6 gwei and this requires around $0.28 which is used for gas fees when you want to make a transaction using the Ethereum network.
13
« on: April 28, 2024, 06:15:48 AM »
Bitcoin is easier to get ETF approval, because bitcoin is the King of crypto currencies, more popular and safer than ethereum. The SEC needs time to review Ethereum's ETF proposal, so just wait. I am also waiting for good news from ETF
Not only as king but because of other factors such as the bitcoin supply factor, which is certain that it cannot be increased or decreased, only 21 million bitcoins. After that, many platforms accepted payments using Bitcoin. This is how Bitcoin finally received ETF approval.
14
« on: April 28, 2024, 04:02:58 AM »
To see new projects that are currently being hyped, we have to do research and really understand the opportunities of the project. Not only influenced by influencers. because many hype projects end up failing. Always be careful before investing. I think that's because of my bitter past experiences
That's right, doing research before deciding to go in and buy the coin you want is the right way. Not all projects reported by influencers have security guarantees and always provide profits. So, never be easily influenced by people like that and you must pay close attention.
15
« on: April 28, 2024, 03:59:59 AM »
You are right, if we have a lot of capital, we can buy a lot of coins to make a profit. Good investing is diversifying, this will give us a big opportunity to make a profit. Ripple is a pretty good coin to buy, as we will likely see high ripple prices during a bull run
Right now we have to keep trying to get a lot of money so that when the bearish season comes, we can have money to buy coins at cheap prices. The opportunity to become rich is that when the bearish season occurs, we can buy coins that have the potential to be expensive at a fairly cheap price. . I really hope Bitcoin collapses again to $20k like it did some time ago before Bitcoin pumped up and printed a new ATH.
Your expectations are too high, dude. Bitcoin will not fall to $20K this year. If you have prepared funds, you should buy altcoins if they experience a sharp decline. Bitcoin will likely bottom at $50K this year low. And maybe bearish next year, you can wait for bitcoin at $20K
It seems like he only said that he wanted to buy bitcoin when the price collapsed to $20k and didn't mention that the price of bitcoin collapsed this year. I know that the moment when the Bitcoin price drops to a cheap price is something that traders are really waiting for, but we don't know when that will happen.
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