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Messages - legend45
16
« on: May 11, 2024, 04:13:49 PM »
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.
Meme coins don't work like normal cryptocurrencies, so neither fundamental nor technical analysis works if you are applying them on a meme coin because their movements aren't regular or they don't move based on the market but they depend on community hype and they gain or lose value when they are being hyped or being abandoned by their investors.
So when someone decides to invest in a meme coin, they need to understand that they can't know its future or see whether it has potential or not by doing an analysis but they can just make a bet on it with a small amount and see whether they win or lose after some time.
It's difficult to do analysis on meme coins because most meme coins only rely on hype and support from famous people such as Doge which is supported by Elon Musk. I only buy popular meme coins, because I don't have the knowledge to analyze new meme coins
17
« on: May 11, 2024, 04:06:09 PM »
When discussing CZ and RT, I think Binance has thought about this decision, because Binance seems to keep the exchange and its coins safe and that has been proven. When I heard that CZ had a case, I thought Binance would definitely have a good solution, and it turned out to be true by making RT the new CEO.
Even though the new CEO at Binance is currently held by RT, he still has to use CZ's mistake as an important lesson so that it doesn't happen again when RT becomes CEO. Again, hopefully RT can make strict regulations for the circulation of money on the Binance market.
It seems that Binance has started monitoring suspicious transactions and blocking their accounts. RT must learn from CZ's mistakes in the past, it's true that it has to be like that. Because Binance is a reputable exchange, don't let Binance's reputation be damaged.
What Binance has done has been done some time ago, but not very actively and only partially, but when CZ got this case, Binance became more aggressive in paying close attention to the movement of money entering the Binance exchange. They don't want their exchange to be used as a as money laundering again.
Yes, Binance is currently stricter in viewing user transactions because of CZ's past experience of getting involved in the law, Binance must be more careful as the largest exchange. This is a reputation issue, so the Binance team must protect it
18
« on: May 11, 2024, 04:02:59 PM »
Exactly, as you said, a new project will have a lot of interest depending on the product they have. Even though it has entered the exchange with high daily trading volume, if the product they are developing is not very useful and has a very large supply, it will make This project does not have a good price.
Agree with what you say, so far we can see many projects whose prices are very cheap because the projects they are developing are not really in demand and the supply is too much like what happened with Dogecoin, imagine if the supply of Dogecoin was limited it would make the price rise.
Almost everyone is currently speculating about new projects that will lead to meme coins because they are cheap and easy, but as you said, their supply is so large that the price cannot be increased to reach the highest value. Likewise, with doge, with a large supply, there will be difficulties that will be experienced even though it is the best. When and is able to reach the highest value. When the bullish season comes, there could be another surprise.
If you want to invest in meme coins, you should reset first, because I have experienced losses in the past due to meme coins. Currently I only hold doge and shi, and plan to buy PEPE. I will collect meme coins that are popular and have a large market
19
« on: May 11, 2024, 04:00:24 PM »
In fact, everyone in cryptocurrency is very curious people. I don’t even know anyone who is involved or are they just cryptans in essence, all these people are very curious and they just studied it all, they like it. And when a person likes something, he starts talking about it tell others and teach others those who cannot understand just because he doesn’t want to do it but wants to make money from it.
That curiosity is what makes us start learning about crypto, by investing there. This is something that is very fun because by studying we gain knowledge and experience, so we can become professionals in both trading and holding.
And if we return to the title of this topic, it is precisely because people without the character trait (curiosity) very often find themselves deceived by falling into the tricks of scammers of which there are now a lot, and especially on the BSC network.
curiosity is very important in crypo, because we are not easily deceived by scammers. We have to do research and study the project before investing, there are many scammers on every network SOlana, BSC etc.
20
« on: May 11, 2024, 03:58:06 PM »
What's scary about whales is that they can manipulate, but they will be done simultaneously and cannot stand alone, so as long as they don't have an agreement, then nothing will happen to what the whales do.
Large trades by institutions can also influence trading and that is a normal thing to happen, but again, it will not be continuous and there will be limits because trade will move due to demand.
That's right, whales can manipulate the market, but this is only temporary and the market will return according to high demand at that time. So there's no need to panic when Doge manipulates the market, we have to take advantage of that moment
21
« on: May 11, 2024, 03:56:18 PM »
Stay calm and wait until Elon Musk makes a good statement that can trigger the price of Dogecoin to rise like he did in 2021 which made the price of Doge increase very high.
Yeah, As long as Elon Musk hasn't tweeted about Dogecoin on his platform then we should take advantage of this to buy as much Dogecoin as we can.
Why are you too eager to wait for news from Elon to be able to boost Doge? Doge can also move, like when Bitcoin increases and is able to reach its best value, because of the role of the community, which can trade well. The most recent news from Elon about X being able to accept payments using Doge and not trying others, for example Starlink with the same payment, might be more sensational.
yeah, Doge fans are currently waiting for support from Elon Musk, even though Elon Musk has also provided support by accepting Doge as payment at Tesla. Maybe currently the doge movement has not increased optimally because the price of bitcoin is also experiencing a correction
22
« on: May 11, 2024, 03:47:55 PM »
So far there are still many who want to buy bitcoin, but the price is quite high, making those who want to buy bitcoin think again, there are still few who accept payments using bitcoin. imagine if many platforms started accepting payments using bitcoin then the price would trigger much higher demand.
Analysis of the price of bitcoin which can increase due to the influence of increased demand will of course have an influence on the price of bitcoin, but the problem here is that we don't know when bitcoin will be accepted in many countries as legal payment so it will increase the use of bitcoin.
If bitcoin can be accepted in many countries as a payment method, of course it will increase demand for bitcoin, this will make the price of bitcoin soar due to high demand. everyone also hopes that it will happen in the future.
23
« on: May 10, 2024, 06:27:33 PM »
The Crypto market is going in bad condition constantly it is going down side i don't know exactly crypto entered in the bear market ? Today the price of tron is $ 0.06 past 24 hours price down -5.25% stay safe with your investments because btc is still moving in critical stage.
The decline in bitcoin prices has occurred since the bitcoin halving which occurred last month. After the halving occurred, the price movement tended to fall and it seemed like there was no longer any support for the bitcoin market. In my opinion, this is a natural thing because before the halving Bitcoin had already increased its price due to FOMO from the Bitcoin ETF and it was approaching the halving so that the price of Bitcoin rose until it reached a new ATH and now is the moment for Bitcoin to return to its lower price.
The bullish season is expected to occur later this year and perhaps early next year. If you hope that the price of bitcoin will drop to a low price, many investors also hope for it because they want to buy bitcoin again and hold it for next year.
24
« on: May 10, 2024, 06:25:48 PM »
People are just making unrealistic prediction about altcoins. Ethereum has not even hit $5k and people are predicting $100k. Even $10k is not anytime soon but years to come. Before Ethereum will hit 10k dollar, it will reach 15 years to come. Even bitcoin too is not possible in this year to hit $100k because the movement is very slow and it is not rising like before again. But we are still hoping to see it reach that price.
In the crypto world anything can happen, dude. but we have to have a good plan and think realistically. Ethereum hits $10K, it seems unlikely to happen this year and next year, unless an ethereum ETF is approved. while bitcoin reaches a price of $100K, it still makes sense because we will see bullishness at the end of this year.
25
« on: May 10, 2024, 06:23:11 PM »
That's right, by using the Solana network or using the BSC network, we can carry out token trading transactions at lower costs than Ethereum. We just need to wait for Ethereum to get out of its comfort zone and start improving itself so that it still has fans.
I think we have waited too long, the problem of high gas fees of ethereum has been going on for a long time and the ethereum team does not have a solution for this problem. We can only switch to other networks like Solana, BSC, TRON etc.
26
« on: May 10, 2024, 06:21:16 PM »
Hopefully early next year we will hear good news, the SEC will approve the Ethereum ETF. And that happens when the price of bitcoin is above $100k, this is just hope, because the SEC will definitely study and carry out analysis in making considerations about the ethereum ETF
I also think it will happen next year, in 2025... more or less we are with the timing of the bitcoin ETF like this
among other things in 2025 we will be in full turmoil due to the bitcoin halving and consequently an unprecedented ATH in the history of cryptocurrencies
so I expect that year so that it pumps more
By 2025, hopefully many coins will increase their prices, including the rise of altcoins which have not had any price movement for a long time. Right now might be the right time to buy as many coins as we can because as you can see the market is in chaos, the prices of many altcoins have fallen very sharply.
I also think the same as you, when prices go down I think this is the time to buy furniture. While the bullish possibility will occur in early 2025, I also hope like you that many altcoins that have not experienced an increase in the past will become more expensive next year.
27
« on: May 10, 2024, 06:19:30 PM »
Well, if we are talking about such a small number of people as 50,000 people, then I would say that there are at least 10 times more of them than those about whom you are writing panic sellers And the same buyers who don’t think what they are doing, they just buy, and in case of panic, that’s all sell.
It's not as easy as you imagine bro, when traders panic, many prefer to sell cheaply and protect their assets. But when you trade the future method, there is nothing you can do unless you use the stop loss feature.
Actually, we don't need to panic, seeing as the market is fluctuating and prices are dropping sharply. There are many things we can do when prices fall, by buying again and for those who panic, selling. This is just a matter of experience in the crypto world
28
« on: May 10, 2024, 06:17:08 PM »
The beauty of bitcoin is in the various opportunities found with it, people have realized some of these potentials and they found it being what they required with their finances to adopt bitcoin as an alternative to government controlled fiat currency, when you make bitcoin your investment currency, you're not going to lack or miss out on anything regarding it, because its all about being profitable.
The fact that you can own a Bitcoin without leaving the comfort of your home is what you can't get anywhere, not even with micro banks that offer virtual banking because you will have to provide KYC at some point which is invasion of privacy but Bitcoin gives you this and your seed phrase that nobody will ever know except your lord and personal savior. Bitcoin is also secure, you don't have to worry about network down turn, you don't have to worry about anything as long as you keep your private keys safe in a proper place.
It's true, Bitcoin has quite an expensive value so this forces us to use KYC if we want to purchase Bitcoin. So far I haven't found an exchange that can be used to buy Bitcoin without having to complete KYC.
I also haven't found an exchange that can buy bitcoin without KYC, maybe there are friends here who have that information, you can share it here. Because we also need information that we can use, where is there an exchange that allows us to buy bitcoin without KYC, of course I think the exchange is repurable and safe.
29
« on: May 10, 2024, 05:39:24 PM »
People who believe in the potential of Ethereum and invest in it, they must have felt the benefits of increasing Ethereum prices over time. So indeed Ethereum gives us decent profits.
The decision is in our own hands and it is best to make it based on our own analysis, not because of things like I said before. When we know a coin has potential, then we can make a deeper analysis to invest in it.
Ethereum is one of the favorite coins of many investors besides Bitcoin as the main priority. I also made a profit from ethereum this year, but I made more profit from bitcoin. Because I bought bitcoin when it was bearish and sold some when bitcoin touched ATH $73K.
Yes, I'm like that too. I invest more in bitcoin than altcoins, that's why I get more profit from bitcoin than other coins. Many people also do the same thing, where they invest more in bitcoin and only set aside a small portion of their money to invest in other coins, including Eth.
However, even though the profits we get are smaller, it is still good. Because we can exploit all the potential of existing altcoins.
If you invest more in bitcoin, that's good, because holding bitcoin is safer than altcoins. But if you want to get higher profits, you should diversify by collecting several potential altcoins. of course this produces bigger profits than just investing in bitcoin.,
30
« on: May 10, 2024, 05:37:03 PM »
Aqua, airdrop from stellar, many friend join it. Buy I personally didn't like to join airdrop.
Is it true that you don't like Airdrop?
What makes you dislike Airdrop?
Or maybe you have trauma from Airdrop, so you don't like Airdrop events?
Even though the airdrop task is very easy and simple to do, it takes less than 30 minutes to complete.
My experience in cryptocurrency is that there are many airdrops that end in disaster or produce a value of 0, but of the many airdrops there is definitely one that can produce a Jackpot, such as UNIswap, Arbirtum, Optimism.
The airdrop you mentioned is an elite airdrop that is beyond the reach of 100% free crypto seekers, it requires capital,
But to be honest, I also don't like airdrops because I never get JP 
I'm not an airdrop fan, that's why I don't really follow news about airdrops. because I don't have time to participate in the airdrop. Moreover, airdrops require capital, this is very risky.
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