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Messages - elbans89

Pages: [1] 2 3 ... 106
1
Bitcoin Forum / Re: What do you think will be the future of Bitcoin?
« on: March 24, 2024, 05:24:46 PM »
The bitcoin ETF was very influential in increasing the price of bitcoin until it reached $73K, and that's a fact. The problem is now there is a correction and the price of bitcoin has fallen to $68K. But this is only the correlation before the halving, because we will see a correction after the bitcoin halving.
Hopefully what you say is true because if you look at yesterday there were a lot of people trapped in bitcoin when the price touched a new ATH, and  the price of bitcoin can return to $73k after that traders who are stuck at high prices can immediately sell their assets and prepare some the correction will happen again and buy bitcoin when the price is cheap during the bearish season.

We should buy bitcoin in 2022 or early 2023 where the price is still low, if we buy when it has touched the new ATH, it will feel too bold. It's best to buy potential altcoins and don't add bitcoin if you don't want to be trapped at high prices and cause panic.

2
Cryptocurrency Trading / Re: The impact of stablecoins on the market
« on: March 24, 2024, 05:18:23 PM »
I see stablecoins as the means to hold your asse at hand when you're yet to conclude on what you wanted to make with it, you can covert to stablecoin and hold because the value will not diminish and you're also not going to earn from it because it is pegged with the standard rate of USD, till we made a conclusion on what to invest and then we find a suitable pair of the coin we want with the stable coin we are holding.

I only use stablecoins when the market is in a dump to enter my short-term crypto assets. because in the short term I invest in new coins or not top coins. This is very risky, that's why I need stable coins when dumping.

You are brave enough to make decisions on meme coins, risks will definitely be in front of your eyes if we make the wrong move, but I'm sure you are a careful person so you can neutralize everything,

Meme coins are very risky coins but also very profitable if we can buy at the right time before the hype. but many investors advise not to invest in this coin, because just waiting for the hype the price can rise. I agree that if you buy top coins, it's better.

3
Ethereum Forum / Re: How will ETH fare throughout the year 2024?
« on: March 24, 2024, 05:09:38 PM »
More precisely, the price of Ethereum depends on the price of bitcoin, because the price of bitcoin will influence the crypto market. If the price of bitcoin rises as it is now, then demand for Ethereum will rise, and the price of Ethereum will also rise.that's the reality.
I agree with what you say, but when an ETF occurs, is what you say still in accordance with the conditions of the exchange or not because when an ETF is approved, demand in the market will increase and the price will become expensive and of course this will have an influence on price movements Ethereum may not depend on Bitcoin anymore.
The ETF did provide a surprise for the cryptocurrency market, including when the ETF first accepted Bitcoin, which made the price of Bitcoin soar. If the ETF accepts Ethereum to enter its trading, the price of Ethereum has the potential to reach $10k.

But the problem is, will the SRC approve it or not? because until today we have not heard the good news that the ethereum ETF has been approved. If the ethereum ETF is approved, an ethereum price increase of up to $8K-$10K is still reasonable.

4
Ethereum Forum / Re: ETH predictions of next week.
« on: March 24, 2024, 04:59:33 PM »
I think we shouldn't wait for that news only. There is no guarantee that ETH can join ETF market. If it is not approved, what we should do? I think we must learn another factors, for example the development on Ethereum projects. We also must be aware that the price of Ethereum also follows the price of Bitcoin. So, it is no problem as long as Bitcoin can keep raising its price.

I think it's quite difficult for ETH ETFs to be approved now. Especially with this lawsuit against the Ethereum Foundation
ETH is different from Bitcoin and from the movements we're seeing, this ETF will be rejected for the time being.
It seems that the market is already pricing in the rejection of ETFs, but when the news comes out, the price should drop a little more

If the ethereum ETF is rejected or pending for a while, the price of etherum may fall and unlike bitcoin which rises significantly after the bitcoin ETF is approved. For ethereum lovers, be patient, everything requires a process, because the SEC definitely has many considerations to approve or reject an ETF.

5
If we see bull market this year which token will be the best profit to hold. Although risk is higher of newer altcoins but older altcoins are now more dependent. Thinking that buying before the bull market will be more profitable!
You have to think very deeply about which coin you are currently holding in front of the bull market. Currently in this pumping season there are many new coins which have improved their prices a lot since they hit the market and gave people a lot of profit. However, there are a handful of altcoins that have recovered some of their value, while the rest have failed to recover their value. But I would say ahead of the upcoming bull market among old coins I would say go ahead with Ethereum BNB and Solana Coin because all these coin are dependable but I can't believe in new projects I consider new projects too risky because at any moment they Price may fluctuate.

New projects are always riskier compared to old projects. If the new project is successful, it will provide greater profits than the old project. Everyone has their own considerations. but if you want to safely invest in altcoins, you can choose ethereum, BNB and Solana, I agree with your choice.

6

Not everyone can do what you do, although I really believe that some people in this space have income only from crypto, but it can be done by people who understand crypto.

For some other people they don't do the same thing, especially beginners. if they don't have income then they won't be able to invest. There is indeed income from airdrops, bounties or signature campaigns, but for those who don't understand it definitely takes time.

Good job guys when you use income from crypto for business, that is a very good thing.

It's a good thing if we can use the income from crypto for real-world businesses, because I do that myself. We can also earn daily income from daily trading if we have the ability and experience in trading. Some people also use the profits to increase their crypto assets, this is also good for long-term investment.

7
Bitcoin Forum / Re: Is Bitcoin legal?
« on: March 24, 2024, 04:41:56 PM »
What is the importance of legal Bitcoin?
Should Bitcoin be legalized?
So what's in it for us bitcoin holders?
Didn't Sathosi create Bitcoin for anonymity and doesn't need legality?
What is the importance of Bitcoin being legal?
For me, whether it is legal or not is the same because in this country it does not yet support Bitcoin withdrawal to the Bank, it still requires a financial services authority.
The benefits of Bitcoin holders are just money and money.
All crypto is anonymous it is not recommended to share personal information in the crypto world.

In fact, if the government legalizes bitcoin for transactions, it will have a positive impact on bitcoin, the price will be more stable. Despite the volatile character of bitcoin. We can use the USD standard to assess it. The legality of bitcoin is not required if bitcoin is only used for investment.

8
Ethereum Forum / Re: Reason why you hold Ethereum
« on: March 24, 2024, 04:37:29 PM »
Ethereum remains the leading altcoin, I still hold ethereum in my wallet and wait for the bitcoin halving. Even though there are those who are pessimistic about ethereum, that won't change my belief that ethereum will always rise following bitcoin.
Currently, Ethereum may indeed be number one, but as technology develops, there will be other projects that will be created and have the potential to beat Ethereum. There are already Binance Smart Chain and Solana which are currently still developing to be the best and trying to catch up with Ethereum.

The two coins you mentioned are a threat to ethereum. BNB with binance smart chain, is very popular because of the binance exchange behind it. And Solana is gaining popularity and seems poised to compete with ethereum and BSC in the future. We also don't know that in the future there will be many good projects that will become their competitors.

9

It is normal for any coin to see a large increase in price during a bull market. In particular, as long as the price of Bitcoin continues to rise, the price of Altcoins will also continue to rise. But if the Bitcoin price is slightly lower, the condition of the altcoins reaches extremes. All meme coins are risky. However, Shib or Pepe coins sometimes give big rewards to investors, but there are also high risks. In the case of doge coins, there is relatively less risk as the volatility is low. Moreover, since the coin is among the top ten coin in the market cap, there is a positive perception of investors. I think in the long run Doge Coin will definitely reached in a reliable stage.

If you compare Dogecoin and PEPE, of course Doge is better because it is one of the top coins with a bigger community than PEPE. You can choose doge for investment, but it is not recommended to choose meme coin for long-term investment. because it is very risky. If you have money, you should buy bitcoin and ethereum for long-term investment.

10
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: March 24, 2024, 04:23:04 PM »

Agree with your suggestion, as long as economic conditions are still like this, the right way to survive is to have long-term investments and be able to manage finances well to prepare for a better future. No one knows what someone's fate in the future will be like. what, but I am sure that if you have prepared investment early on, the future will give good results.

Everyone definitely has plans and strategies to prepare for the future, they invest in several things. For crypto lovers, they will invest in bitcoin and altcoins, for the long term it is recommended to choose bitcoin to buy and hold long term. because if we prepare now for the future, at least in the future we won't be confused if economic conditions change.

11
Waves Forum / Re: Waves VS. Ethereum
« on: March 20, 2024, 04:58:22 PM »
Ethereum is the primary currency for all altcoins. The ecosystem of this coin is huge. But both Waves and ethereum are good coins for investments because it has a good technology. This is a good opportunity for those who want to invest now because the price of these coins is very low.

To be honest, I don't invest in waves, if you feel waves are a potential coin, you can buy and hold for the long term. but in my opinion it is very risky, I will choose ethereum for long term holding, because it is more popular and is always number 2 in CMC

12
As we can see the price of ethereum always follows bitcoin, when bitcoin rises the price of ethereum also rises. All ethereum investors were happy when they saw the price of ethereum touched $4k, even though it experienced another decline to $3,580. but we will see bitcoin rise again. and of course ethereum will also rise.
It looks like it will go up again when the halving is over, maybe in the middle of the year or maybe at the end of this year, Bitcoin is already this expensive, it will be increasingly difficult to find people who want to buy Bitcoin. When the halving happens and the price manages to rise to $70k again then will be immediately hit by Bitcoin miners who have collected very large amounts of Bitcoin and are ready to make the price collapse when the halving is over.

Miners may sell their bitcoins during the halving, but that will only cause a correction of bitcoin and I don't think it will take long, bitcoin will go up again. It is possible that this week the price of bitcoin will return to $70K again and during the halving in April it is predicted that the price of bitcoin will reach $75K.

13
Cryptocurrency Trading / Re: Just HODL
« on: March 20, 2024, 04:53:19 PM »
If you are holding crypto coins for a long time, you need to use safe money. But if you are daily trader, you can use any money as long as it is not for daily needs. Trading will have a faster profit, while investing needs to hold for few months or few years. We can't expect to get profits any time if we are holing a long term.
Daily trading sometimes doesn't necessarily provide a lot of profit and you have to have a lot of capital used because you have to be smart in seeing opportunities in coins or tokens listed on the exchange. Courage and patience are important values when implementing daily trading because we don't know what will happen to coin price movements in the next few minutes.

Daily trading must be patient in managing our assets, because we will not always make profits, sometimes we will also experience losses. But I think day trading if you have the time to do it is a good way to make daily profits

14
Ethereum Forum / Re: Ethereum vs of BNB Platform
« on: March 20, 2024, 04:51:26 PM »
User satisfaction is the key to progress and development as well as the desirability of the project. because it will grow loyalty from its users. As we look at ethereum, Ethereum is the largest altcoin community because there are many investors there. while BNB is an alternative platform if you are looking for cheaper gas fees
Exactly, user satisfaction must be considered carefully because so far there have been many successful projects using the Ethereum network, Ethereum has a large community because it existed before BNB. For BNB it seems that it will no longer be calm because its opponent is Solana which is The project is new and still in the development process but could catch up with BNB and the Ethereum network.

Currently Solana is threatening BNB's position, because we saw Solana overtake BNB. Solana is very popular and is widely used by new projects because it is cheaper and faster than BNB. according to the comments of many people. Even though BNB is more popular with Binance Exchange behind it, if there is no development from the team, BNB will be overtaken by Solana.

15
Before investing in any new crypto coin/tokens, you should do your own research about it. Due to the rate at which different crypto scams are every where, for me I think it is risky to invest in New crypto coin.
Look for a reliable crypto coin to invest in, to avoid loss of your money.

Coin research is very necessary in investing in crypto, if something goes wrong the risk of losing is very big, in this case seeking other people's opinions is very necessary but it all comes back to each individual in making decisions, which coins are good and bad and we can't blame the people around us in this case if a loss occurs

Why should we blame other people, because in investing the risk is in our own hands. so do your own research before buying coins. If we are confident in the coins we buy, invest. Because the risk is in our own hands. DWYOR

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