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Messages - nicecrypto

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151
Incentivised Posting / Shill / Re: 5 Reasons Why You Should Start Using Cryptocurrency
« on: March 09, 2021, 09:37:21 AM »
Quote from: Hometown on March 08, 2021, 11:28:51 PM
I am a cryptocurrencies supporter because I already supported my family with cryptocurrencies passive income. I support my educational expenses with cryptocurrencies income. It's already changed my life styles.
I am totally in agreement with you on this one. I am firstly in crypto before any other thing because I can and have been able to make money from it. I have supported my needs and other family needs through my investment in cryptocurrency and this is the bottom line. Every other thing or feature that is attached to crypto is secondary ;D

152
Cryptocurrency discussions / Re: The Bears Are Waking Up?
« on: March 09, 2021, 09:28:37 AM »
Quote from: labonikhatun on March 09, 2021, 09:13:43 AM
I don’t think the market has the bear’s position yet the market is already in a good position and the prices of currencies are rising the price of bitcoin has gone up a lot and the price of ethereum. The price is going to increase further We have to wait patiently for profit not despair.
Even since some people have been screening the Bears are here, i just know that this might not be the case because if you have been in the crypto space for some time, you would know that there is always the correction period which obviously we have been going through and like you said, it is clear now that the bulls are not here yet and the market is still going in an upward trend and we might see $60k BTC soonest  :D

153
Cryptocurrency discussions / Re: How does the government of your country view cryptocurrencies?
« on: March 09, 2021, 09:19:55 AM »
Quote from: Johndoe on March 08, 2021, 08:12:05 PM
In my country I can have bitcoin, but I have no right to sell or buy. And if I have a wallet with coins I have to report it to the tax authorities. And the bank can also block my account if they suspect I am trading in cryptocurrency. Which happened this morning.
Does this mean your bank account was block just due to suspect on crypto trading? Is there not suppose to be a proof that your account was actually used for crypto trading before it can be block? Any ways, the government of my country has ordered that all banks close Bank accounts that have been CONFIRM to be trading in crypto currencies that's why most traders have resolved to P2P now with no indication or mentioning of any thing relating to crypto while transacting.

154
Cryptocurrency Trading / Re: Wrong signal
« on: March 08, 2021, 09:49:36 AM »
Quote from: hair on March 07, 2021, 08:17:02 PM
I don't think you have to rely on trading signals. try to analyze and understand the situation of the market before investing. knowledge and experience are indispensable
Every thing you said is correct but I do also believe that the trading signal or maybe also Technical Analysis should or is part of that understanding or knowledge an investor needs to excel when investing in crypto. An investor have to be able to see some signal to understand what could possible happen next apart from once in a while NEWS put out by celebs or Developers that moves the market, the knowledge they really need is how to read the chats that gives you an insight to the possible next market move.   

155
Cryptocurrency discussions / Re: Will alt coins take over Bitcoin and control the market?
« on: March 07, 2021, 10:13:27 AM »
Since most altcoins are still tied or paired in trading to bitcoin as most of their base trading coin, Bitcoin will continue to dominate the altcoins and that will kinda make it difficult for altcoins to ever overtake Bitcoin and control the market, until altcions can be traded as separately and not tied to bitcoin, then they might have that chance but not before.

156
Cryptocurrency discussions / Re: Why more News updated the more the price Fall ?
« on: March 07, 2021, 10:01:47 AM »
Quote from: mohdelayo on March 06, 2021, 09:55:43 PM
lol this sounds hilarious mate, i wonder how you expect anyone to be able to answer this your question directly especially when you did not mention which coin or token you're referring to in particular and we cannot say that can be generalized for the entire crypto projects.
If you are referring to the poster I believe he mentioned Cardano's Mary hardfork on Mar 01 and of cause this might not be the case for many other crypto projects. We have indeed seen instances were news release have had big impacts on price movement even recently but I believe as we all know, You cannot predict the reaction of investors with whatever information developers are putting out.

157
Cryptocurrency discussions / Re: Why more News updated the more the price Fall ?
« on: March 06, 2021, 10:16:02 AM »
Quote from: MrSpasybo on March 06, 2021, 06:49:20 AM
I see this not only with regard to the new partnership announcements, but all the information regarding the cornerstone milestones: updates, press events, development announcements, new cooperation...
The reason for this price drop comes from the preceding bull run when the community's expectation on value & the impact of that positive information is too great. As soon as the event took place, the token price peaked and satisfied the investors, they sold sold sold and caused the price to fall.

Example: Cardano's Mary hardfork on Mar 01:
+Before the hard fork, news of it appeared in various news sources and caused community expectations of the project to rise, pushing buying pressure and ADA prices higher. The ADA made ATH $1.48 on Feb 27th.
+Just before the hard fork, investors sold ADA to take profits and dump the price of ADA down to $1.15 as it is now :)

Crypto is about making profits and once most investors realize that, that aim has been achieve regardless of whether that particular event has happened or not guess we will definitely see a price reversal. I believ most investors still believe that all this news about some crypto projects will continue to pump the price but to some, its all about hitting your profit and moving o on to the next. 

158
Cryptocurrency discussions / Re: don't wait so much on the market.
« on: March 06, 2021, 10:08:14 AM »
Quote from: tonymillions84 on December 07, 2020, 11:16:17 PM
A lot of traders has claimed that they have made huge returns in this current market and alot keep displaying there rewards on social media platforms. Alot been said about fakers that believed in Fake it till you make it. it is neccessary for newbies to understand that not everything been displaced on the social media is true. be mindful of what you see to avoid loosing your funds.

Summary: take it easy and take your profit whenever you see it. don;t be too greedy.

I like your summary but not until my January's investment, I have not really made it big in crypto trading recently but i would say yes, 2021 started on a good note and hope it will continue but that said, not unless you are showing or telling me how to turn good profits from my trade which I particularly also like to verify, I wont be taking that trade. There is a new trading TA i just came across now for the past 2 days that I have been watching to confirm its correctness and not until I am 80% satisfy that I understand it I wouldn't use it for trading.  This is why i said I like your summary, just take your profits bits by bit and keep moving as ling as you are doing it right.

159
Cryptocurrency Trading / Re: Will the cycle repeat itself once again?
« on: March 05, 2021, 11:08:39 AM »
Quote from: aarif123 on January 30, 2021, 05:34:02 AM
I think it may be possible or it may be not because we have seen so many times that the same cycle not repeat but one thing is sure bear market take place after bull market so we should sell our coin when market is up.
I guess by now you most have see how the market has played out, there has been a bigger bull run since your post which i hope you have not sold off your coins during your post, however now, the market is now seeing a correction which you were talking about and profits have been taken and further waiting if there is going to actually be a correction upward to re-enter and ride it again.

160
Cryptocurrency Trading / Re: Wrong signal
« on: March 05, 2021, 10:48:05 AM »
Quote from: Pluto25 on March 03, 2021, 05:51:49 AM
I already lost more than 400 dollars following wrong signal. A got a signal from my the best friend but investing those signals, I already lost more than 400 dollars.
The question is, Is your best friend a good analyst? It doesn't mean cos S/he is your best friend you take signals from them and not confirm it that will work. I follow a couple of crypto analyst and at the Beginning, I mostly watch out for the signal they put out to confirm it the market would actually work out that way, now that I have confirmed most of their signal to be 80% correct cos we know you cannot get it right all the time. 

161
Cryptocurrency discussions / Re: All time BULLISH is possible in 2021, do you think so?
« on: March 05, 2021, 10:30:24 AM »
Quote from: LaZim on March 04, 2021, 07:28:20 PM
Quote from: vitek146 on February 19, 2021, 07:01:37 AM
With the constant entry of new investors into bitcoin, it is quite possible that bull run will continue throughout the year. Bitcoin is becoming more and more attractive for many, and not only for large investors, but also for the stars of the world and Hollywood. I wonder when there will be a correction and the price will decline by 20-30%, what will they say)
At the moment, I want to believe it. But imagine that the year 2022 will come and bitcoin is already worth $ 100,000. Do you think what will be the mood in the market? Everyone will say that bitcoin will grow throughout 2022. But look at the graph. We have already started to gradually roll back down. If the nerves of those people who bought it at 57,000 will not stand and they will sell at a loss, then we will go even lower.
True that but people might sell of and the market can still reverse if truly it is a correction as many believe it is.



We can see that for the past 2 weeks BTC is actually in a Negative trend although many analyst believe we are going to reverse and it is good to watch that mark price to actually see if it will and if not, I best take the lose and exit.

162
Cryptocurrency discussions / Re: What will you do after you get your bounty tokens?
« on: March 04, 2021, 10:14:16 AM »
Quote from: Domithra on May 07, 2018, 01:28:11 PM
Hello Good Day to Everyone, I just wanted to ask, what will you do after you get you tokens in bounty campaign. Because I am worried that there is a high possibility that you will sell your coins below ICO price even though its just a bounty. Given that the token is listed in one of the top 5 exchange. Will you hold or sell immediately.
;D If it is listed in one of the top exchange and I strongly believe that the project will do well, I don't mind hodling for a bit to continue to monitor how the coin is doing in the market but some times you might just have to sell off due to financial needs or because you don't really think the price will go up in the immediate future.

163
Cryptocurrency discussions / Re: Will alt coins take over Bitcoin and control the market?
« on: March 04, 2021, 10:09:34 AM »
Quote from: Domithra on July 02, 2018, 06:19:52 AM
In recent times, alt coins appears to perform incredibly well on the market as the projects has got good teams of late yet most of the coins seems to be affected by the price of Bitcoin. This is largely due to the fact that most exchange sites keep much of the price pairing with Bitcoin, hence, a fall in Bitcoin affecting the coins paired with it. Bitcoin will continue to control the market until perhaps most coins are paired with USD directly.
I agree and also believe this will be one of the reason  that will liberate the alts from this Bitcoin price control. All altcoins that are listed in any exchange once paired with USDT along BItcoin and Ehtereum will allow traders to use which ever pair and i know most investors would rather use USDT or any other stable other than BTC or ETH

164
Cryptocurrency Trading / Re: Crypto trading is better than holding a coin.
« on: March 04, 2021, 05:28:36 AM »
Quote from: AGM on December 18, 2020, 06:23:54 PM
Yes i corroborate with your opinion. crypto trading is better then holding a coin. Because crypto trading is more profitable where holding is long-term investment. Trading is unlimited and holding is limited.
People will always say Crypto trading is better than Crypto HODLing, well that depends on the crypto trader. Most investors jumps into trading just cos they hear that trading is better and you can make more from trading which is true but you have to know how else you will end up losing more think. 

165
Cryptocurrency Trading / Re: Crypto trading is better than holding a coin.
« on: March 03, 2021, 04:44:36 AM »
Quote from: Maynul96 on November 29, 2020, 06:17:02 PM
I have been holding some coins for the last Some month and now I start trading in those coins and now my amount is double.  I think crypto trading is the best option for earning better than keeping the currency for one-two  years.

When you have the knowledge to day trading, yes doing trading and taking all small profits that comes with it but when you don't understand how to day trade because this need  some level of market and TA understanding, then you stand a chance of also losing more than just hodling.

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