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Messages - DAMKAR

Pages: 1 ... 3 4 [5] 6 7 ... 151
61
Ethereum Forum / Re: Reason why you hold Ethereum
« on: May 16, 2024, 11:04:35 AM »

I think having these two coins would be better, Ethereum and Arbitrum have the same potential, both have high demand in the market and there is a possibility that the price of both will rise. If we talk about usage in society then Ethereum is indeed higher. But it all depends on your choice.
We should be able to have lots of potential coins in our wallet, personally I would prefer ethereum as a priority and invest in larger funds than arbitrum. Because I will not buy kpin coins other than the top 20 coins using large amounts of money, this is very dangerous if I do it now, I will be trapped in high prices,

62

For those who say Ethereum gas fees are high, maybe you should often look here https://etherscan.io/gastracker. Take a moment to look at it so you don't say Ethereum gas fees are too high. Currently the transaction fee is only 4 Gwei or $0.18 for every transaction and in my opinion this is very cheap.

I attached a screenshot so it wouldn't be said to be just bullshit.

Gas fees rise and fall depending on traffic and market conditions. Currently gas fees have decreased, which is very good for us if we want to make transactions on the ERC20 network. Because some time ago there was a high ethereum gas fee.

63
Even though crypto is banned, crypto technology will still work and be used by countries that accept it well. because crypto is one of the technologies of the future, so no one can stop it. That's why several governments have started to accept crypto as an investment, even though not yet as a means of payment.

In most of the countries where crypto was banned is permitted now because they have understood the value of crypto now and they know that it is useful for mankind.

If crypto is banned in Some countries then they will surely understand the value of crypto at a certain stage because it is going to be more valuable day by day so no one can ignore the importance of crypto. In many countries crypto has been accepted and in the remaining where there is no use of crypto still people have knowledge about it and are familiar with it so very soon there will be an initiation taking place.
I think it's just a matter of time, countries that haven't yet accepted crypto are just waiting for them to learn the advantages and disadvantages of cry[p[to. Crypto is becoming increasingly popular, if they take too long to learn I think they will be left behind by countries that first accepted crypto.

64
Cryptocurrency Trading / Re: Just HODL
« on: May 12, 2024, 03:30:52 AM »
We really have to use free money to invest in crypto, whether trading or holding. because we know, crypto is unpredictable and very volatile. If prices suddenly drop, we don't need to panic about that money because we don't need it in the near future

Free money is important for trading because we cannot identify the value of our hold coin so anything can happen with its price therefore if we use an extra amount other than the amount used for daily uses or emergency then we can sustain our investment or trading without any worries.

Trading and Investment both are suitable but if we use money other than our expenses because trading makes us distressed and due to this stress if we decide wrongly then our money will be lost as a result of which our whole financial system will be affected.
That's the reason why we have to have jobs in the real world and not just have one source of income from crypto. Apart from using free money, we must have other income to meet our living needs

65
Ethereum Forum / Re: When etherium Hit $5k
« on: May 12, 2024, 03:27:18 AM »

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.
This reason made me choose another atcoin and not ethereum because I saw that there were several coins that had more potential than ethereum, Solana and BNB. This is my alternative coin that I will buy again if the price drops.
When the price of coins on exchanges drops a lot then your choice of what to buy is very good, these three altcoins have the potential to provide a lot of profit. They have a platform that is widely used so that when the price drops it will bounce back quickly.
Ethereum, BNb and Solana are the top 5 coins, of course potential to buy when market prices fall. The network of these three coins is widely used, so the demand for these coins is quite high, and as you said, these coins will rise quickly if the price declines.

66
Ethereum Forum / Re: Reason why you hold Ethereum
« on: May 12, 2024, 03:24:40 AM »
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.,
In accordance with what you said, however, altcoins can also provide many benefits when you can utilize altcoins well, being brave enough to face the risks that exist will provide an opportunity to gain a lot of profit. Bitcoin may be used as a long-term investment, but for daily trading we can try altcoins.
For daily trading, I also choose altcoins, because we can get higher profits. This is in my opinion. I only hold bitcoin for the long term, and choose the top 20 coins for daily trading. I will analyze the coins that I will use for daily trading, before I decide to buy.

67
You are right, bitcoin also needs altcoins to be more popular like they are now. Because if it wasn't as popular as it is now, the price of bitcoin wouldn't be this expensive. Have we forgotten when bitcoin was first launched and at that time there were no altcoins, the price of bitcoin was very low

Both Bitcoin and altcoins are related with each other and of course Bitcoin price is regularly changing the price of altcoins but it does not mean that the highest price of Bitcoin is due to the rise in altcoins price. It can be said that those who cannot buy Bitcoin due to the highest worth have the opportunity to buy some altcoins to increase the worth of their money.

If there was just a single currency like Bitcoin then people will not be involved in investment of crypto as much as they are now because everyone cannot afford the buying of Bitcoin due to its expensive nature.
We can buy Bitcoin according to the money we have, so we don't have to buy at least 1 BTC. Bitcoin will always be king, where bitcoin price movements will influence the prices of other altcoins. that is the reality of what is happening in the crypto world

68
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: May 12, 2024, 03:20:27 AM »
If you want to be safe in investing, choose old coins, but there are also new coins that have great potential, but we have to do research first so we don't experience losses. but if you lack knowledge and experience, you should choose old coins.

Neither all old nor all new coins are profitable but the top coins can minimise your loss because of its already obtained trust from its holders. There are also some new coins which can give you huge success so sometimes trending coins are better to buy but the selling price should be based on the value which you have selected as a target.

Knowledge is necessary for both old coins investment or new coins investment but the time of holding should be understood clearly as some people lack the ability to target a value of selling so that is why they miss to get a big reward.
If you want to achieve success with big profits, whether new coins or old coins, buy at the right time and sell at the highest time. This is very difficult, because we cannot predict when it will happen? We can only buy when it is bearish and sell it during the bullish season.

69
Bitcoin Forum / Re: ATH of bitcoin 2025 ??
« on: May 12, 2024, 03:17:48 AM »

Bitcoin price has previously made very large ATHs that were several times higher than its previous ATH. But now it looks like that may not happen because according to the current price of BTC, its market cap is $1.2T. I expect Bitcoin's next ATH to be between $85-$90k and I don't think the peak will exceed $100k.  However, it may take until 2025 for Bitcoin price to cross $100k.  So I can say that according to my prediction bitcoin price can be $100k in 2025
Many hope that the price of botcoin will reach more than $100K, because they saw that the price of bitcoin before the halving had reached ATH $73K. It is possible that the price of $100K will be reached by the end of this year, if you look at Bitcoin's movement which seems to be slowing down due to frequent corrections

70
The price does not play any role at all, it just so happens that Bitcoins are simply the most expensive and most likely there will never be a cryptocurrency with the same price as Bitcoin and plus the fact that you have Bitcoin simply because it is more reliable than other cryptocurrencies, that’s why they called it the topic is exactly that.
Bitcoin has an expensive price is not a coincidence, Bitcoin can have an expensive price because of the high demand and supply of Bitcoin also has an important influence on the price of bitcoin. Basically when something has limited supply and has a very high demand then it will make the price high, this is the exact reason why bitcoin has a high price.
You are right, bitcoin has limited supply and high demand, this is what makes the price of bitcoin very expensive. Especially after the bitcoin halving, the price of bitcoin should have risen high because miner rewards were cut in half, but why is the price of bitcoin currently struggling and experiencing frequent corrections? That's how unpredictable Bitcoin is

71
Ethereum Forum / Re: Eth hold or Trade?
« on: May 11, 2024, 03:03:33 PM »
Maybe not a bearish season but just a correction, I also don't think about a bearish season this year, but we will see several corrections and maybe it's a good time to buy. Q1 and Q2 are likely where we will see bullishness, and perhaps Q4 is the top bullish.
Yes, hopefully it will only be a small correction and not trigger a bearish season, because if a bearish season occurs then the price of bitcoin will fall to its base price again, this will cause the market to cause extraordinary chaos, panic will occur like last year's bearish season.
You should prepare USD if there is a bearish season, we can buy Bitcoin again. because we hope that there will be no bearish situation, but crypto market conditions are unpredictable. We must be able to anticipate that if bearish comes, we buy.

72
Ethereum Forum / Re: Why is Ether (ETH) price up today?
« on: May 11, 2024, 03:01:39 PM »
When the market price starts to fall again, this is a pretty good opportunity to buy as many coins as you can, taking advantage of the rise and fall in coin prices. The bearish season will be around for a while, only time will tell.

Yes, bro, I agree with you, most likely we have already sunk to the bottom where the market may now be, if it goes lower, it will be fatal, most likely it will stay at this level for some time, then it should still go up.
Bitcoin will experience a correction and the price of bitcoin will turn but will not touch the price of $50K, so we should stay calm and hold bitcoin and wait for the price of bitcoin to improve. Bitcoin will touch a new ATH in early 2025.

73
Bitcoin Forum / Re: ATH of bitcoin 2025 ??
« on: May 11, 2024, 02:59:57 PM »
I know this for sure that before the completion of the Q1 of 2025, bitcoin would have attained it all time high for this 2024 halving and by then we would have been seeing $150,000 market worth or even more, for those that have invested already, this is going to be what they will pass through and experience as long as they were being able to hold for that long till we arrived at the new all time high around that range.
I also hope so, the price of bitcoin can reach $150K in early 2025. although there are still many who doubt this. Because looking at the current bitcoin price movement, corrections often occur.

74
Ethereum Forum / Re: Why Ethereum is The Best?
« on: May 11, 2024, 02:57:47 PM »
Even though Vitalik,the creator of Ethereum got hacked and stolen Ethereum get even more popularity because.Easy to see and get to know how network platform work, set new altcoins and both profits from main coin Ethereum and the rest.The size of Ethereum is really remarkable and giant ,for handle to get really nice profits.Expected is some red movement by bear market and more green by bullish market soon.
Currently, the price of Ethereum which can become this expensive has shown that Ethereum is an altcoin with a pretty good product, many smart contracts have been created on the Ethereum network and are based on ERC20. Some time ago, the SEC also stated that it would support Ethereum ETFs, but there has still been no official announcement when Ethereum ETF will be accepted.
Just wait, dude. Maybe the SEC is still reviewing the ethereum proposal, until now the ethereum ETF has not been approved. In fact, ethereum is the second safest coin after bitcoin for long-term holding, so the SEC doesn't need to doubt that

75
Binance Smart Chain + Ecosystem / Re: BNB prices will go up
« on: May 11, 2024, 02:52:18 PM »
The government can actually control bitcoin but that requires quite a lot of money because so far it requires a lot of money to control bitcoin. Apart from that, the government also doesn't want its citizens to suffer losses because of the very unstable and very dangerous movement of bitcoin prices.
How government control Bitcoin?
Although the government has huge money, it doesn't mean that the government can control Bitcoin. Why do you think having a lot money enables the government to control Bitcoin? Bitcoin system is decentralized, there is no way to control Bitcoin. The price of Bitcoin is depending on the demand, the government also can't determine the price. If the government wants to secure the citizens, the government can give education about Bitcoin to them.
The government will never be able to control bitcoin. as you said bitcoin is decentralized, so no one can control bitcoin. Even though whales can manipulate it, it won't last long. because demand determines the rise and fall of the price of bitcoin.

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