I'd rather do the panic buying when there is a dump rather than panic selling. Panic selling will only give you regrets and tears of pain and anger because of losing your capital, funds and assets. Always equip yourself with enough trading skills, knowledge, reference, basis and resources.
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BoardAltcoin Discussion
Re: Elon Musk caused BTC crashed today. Buy the dip
I think it is easy and convenient to blame the BTC price dump on Elon musk but i see no reason why anyone should be investing their hard earned money into these animal meme coins that are flooding the markets. They offer no utility and are created solely for the purpose of becoming the next dogecoin. I will rather invest in BTC that wouldn't give me huge gains than a meme coin that can dump tomorrow and loose all the profits it has gained
Well if you are doing crypto trading for a long time and committed, you will not gonna appreciate the dogecoin and I feel the same way too. In my perspective, doge is only for those people who just entered crypto space recently and thinking that crypto is as simple as buying what coin is popular on social media and just by doing that you'll gonna earn profits. Many of them think that it can apply with other coins too that is why most of them lose their money because of that kind of mindset.
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BoardAltcoin Discussion
Re: Avoid been carried away, it's never going to be bullish forever
Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart
Yes, I am also considering crypto as a gamble but a knowledge-based gamble. Meaning, your full knowledge and understanding are pretty much required to survive in crypto market. Every time the market is bullish, only those people who are prepared for that run will have huge benefits in terms of income. Like what you've said that it is "time-based", which means that bull market will come and it will only depend if you are prepared or not. I've noticed for some people here in crypto space that when the bull run in on-going, that is only the time they will do something like reading what are the potential coins, asking some signals and predictions in social media, buying coins while it is on pump etc. Those kinds of people are tend to lose their assets and investments because that is not how crypto trading works. The market is always giving us enough time like 3-4 years (range before the bull run happens again) to gather, collect, buy, research and hold the coins so that when the bull market comes, we are prepared and will take a huge profit from it. A lot of people don't know it that's why whales and experts are making them a tool to earn more.
I've seen you guys talk about A LOT of diffrent altcoins here on this forum but im not sure which ones would be worth looking into.
So I though I'd ask in this post. Ty for any suggestions and ofc I will do my own reaserch about the mentioned altcoins
To answer this in a simple way. Make some readings and deep research on the top 10 coins in the market right now. For me, those top 10 coins are worth looking into and really give you potential in the future. But of course, if you have a lot of time, explore also the other coins. I'm just saying that the top 10 coins are good to start with.
It feels really bad going through my portfolio on blockfolio to see massive downward movement in the value of my holdings. I really don't know if this is the usual market correction we have periodically or the end of the bull run. Is it wise to keep holding or take what's left?
That is really bad for some people who don't TP when the market is on the pump but this market dip is good news for those traders/investors that already take their profit a few weeks ago. Because they already maximized the market on being bullish and they have enough funds to go shopping while the market is currently on sale. In other words, they sell on green and buy the red. The question is, on what side are you on right now?
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BoardSpeculation (Altcoins)
Re: Will dogecoin drop to $0.2 again?
by
NorvsGanda
on 18/05/2021, 23:41:13 UTC
Based on my technical analysis, doge will not fall in $0.2 again. I am seeing that its price will just stay in the range of $0.5 - $0.45. It can go higher depends if doge will have some big announcements to make and some listing or project development but it will not go lower than $0.45. Not a financial advice.
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Re: A common enemy in the crypto world--Elon Musk!
by
NorvsGanda
on 18/05/2021, 23:26:47 UTC
Think about this guys. What if Elon Musk just want to lessen the power of whales and add it to the normal crypto traders. I mean to those small scale holders, investors and traders? Because as we all know, a big part of the market price movement comes to the whales market manipulation. The one who controls the supply, controls the price also. I'm just thinking that Elon Musk want to eliminate the idea of having "whales" in market so that common people will always have some capability and access to the market, not just a specific group of rich and powerful people. Just wondering.
Bear market, dips and corrections can't be eradicated because honestly the market needs them to progress too, no matter how powerful a bull market is there will always be a almighty push back why? People who are smart and rich (whales) knows the appropriate time to stop and take profits before the audience
Well said. Market should experience dump in order to pump. Whats comes down will come up too, that is one of the characteristics of a stock market. If you will compare the market way back 2017 and the market we have right now, there is a huge improvement when it comes to volume and price. Take note that late 2017 is also a bull market so meaning, in the next bull market we can assume that the market will have a huge progress also compare to the current.
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Re: Where do you get your news about Crypto?
by
NorvsGanda
on 18/05/2021, 20:35:27 UTC
Cointelegraph, coindesk, investopedia, yahoo, bnb social medias, CZ social medias. If you want to know the upcoming and potential coin in presale, community sale and other sales, join in coinlist and their social media as well.
Yes. With all of the project related announcements about doge and its progress in the market, we can say that it will have some big movement in the future. Not to mention the support that Elon Musk is giving to that coin
Don't rely too much on Elon Musk, and it can be another rejection like he did in bitcoin. We already know that Dogecoin was meme coins. It's because of Elon tweets that's why it has grown so much this year. It's still impressive that meme coins were growing like any other popular coins. I'll like to see the future of Dogecoin if it can still hold like this.
Like what you've said it "was" meme before. Please stop looking at Elon Musk, just look at the progress and development of dogecoin itself. Yes, influence of Elon Musk has a big contribution on where the dogecoin right now but we cannot deny that doge is really became useful in a lot of people and businesses as well. In fact it is being used as payment on some business/establishments.
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Re: What if Elon musk launches his own coin?
by
NorvsGanda
on 17/05/2021, 23:43:51 UTC
That is another hype and will make crypto market crazy again. Elon Musk army will become alive again if this will happen. Maybe he can start his own coin in Mars when it has already a sustainable life and community there.
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BoardAltcoin Discussion
Re: A common enemy in the crypto world--Elon Musk!
by
NorvsGanda
on 17/05/2021, 23:34:07 UTC
What Elon Musk is doing right now is the true power of being wealthy. That is the ability of having so much resources, connections, influence and world class TA team. Elon Musk is the true visionary but we can't set aside the fact that it is quite scary of what he can do more in crypto space/world.
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BoardAltcoin Discussion
Re: Doge is to hold should not be trading
by
NorvsGanda
on 17/05/2021, 20:54:49 UTC
Yes. With all of the project related announcements about doge and its progress in the market, we can say that it will have some big movement in the future. Not to mention the support that Elon Musk is giving to that coin
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Re: Which coin i should choose now?
by
NorvsGanda
on 17/05/2021, 20:53:00 UTC
Do your DYOR especially this kind of scenario wherein the market is on sale because it is dump and best time to buy the dip. This is the best time to explore, browse, buy and long term hold until the next bull market. As they said, appreciate the dips because dips can make you a lot of money in the future.
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Re: Elon Musk caused BTC crashed today. Buy the dip
by
NorvsGanda
on 17/05/2021, 20:50:51 UTC
I already seen this will happen. Elon Musk can really control btc despite of its huge investors and whales holders. With Elon's power and influence, he can manipulate some part of crypto market and the way it is working.
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Re: Should I swap my BTC to altcoins and hold for better benefits?
by
NorvsGanda
on 13/05/2021, 22:45:32 UTC
Having btc as one of your asset is great but for me I'll go with alts rather than btc. Especially if you just a small scale investors/holders. Coins which has a high market price like btc requires also a high amount of capital. Because you will not appreciate the profits if you will put small amount. Unlike in alts, it is okay if you are small scale buyer because you will gain from scalping if you will do it in a right way.
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BoardAltcoins (Pilipinas)
Re: Kumusta naman ang mga lumang altcoins natin ngayon?
Lala world yung coin na yun. Na earn ko siya sa bounty campaigns last 2017. 1 year kasi ako ng stop, then pag balik ko sa crypto wala na siyang value sa market. Wala na din ako makuhang info sa coin na yan. Sabi sa bounty thread nakipag merge daw sa hindi kilalang project kaya hinayaan ko na lang.
Nadaanan ko rin yan noong 2018 pero hindi ko na tinuloy yung sa bounty nila. Wala na talaga yang LALA kasi nag move na sila sa COSS. Base sa mga nabasa ko, iniwan na rin ang proyektong iyan dahil sa napakabagal na progreso at hindi masagot ang mga reklamo dahil sa pagkasira ng kanilang exchange.
Ahh buti di ka tumuloy. Nung una maayos at smooth naman ang Lala, mabilis nga nilang nadistribute ang mga bounty allocated tokens kaso nag hodl ako dahil mababa ang market price. Ayun pala may problema na sa external part at mga devs.
Hodl as long as you can. If you do not really need some funds, then hodl it because eth is not yet done with its progress and market trend. Certain price dump is the result of market correction and consolidation. Altcoin season is not yet done so hodl your asset as long as you can.
I hope it keeps the momentum for a while. I'm not making myself being greedy but I was just riding on the market rise, I'll take this opportunity as well while it is still there. And besides, I wasn't in need of money for now. But if it shows some declines, I don't hesitate to sell my ETH, that was my goal now. That is why I'm closely watching the market chart, keep tracking its movement, and I did this in order not to miss the chance.
Indeed. If based on your TA that eth will fall down, then set some numbers and sell it on that amount then buy again when the market will turn to bearish. In that kind of scenario, all the knowledge that we have in crypto is very crucial. It is either will make us more richer or vice versa.
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Re: Ethereum on the rise: Sell or HODL?
by
NorvsGanda
on 12/05/2021, 23:26:05 UTC
Hodl as long as you can. If you do not really need some funds, then hodl it because eth is not yet done with its progress and market trend. Certain price dump is the result of market correction and consolidation. Altcoin season is not yet done so hodl your asset as long as you can.
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BoardAltcoin Discussion
Re: taking profit can be hard sometimes.
by
NorvsGanda
on 12/05/2021, 23:20:44 UTC
Well for me, it should be hard to take profit in any field or industry. Quick rich mindset is a big no no for me because nobody grows with that kind of thinking. If you are earning too easy and with no difficulties, maybe there is something wrong. You don't know ot for now, sooner or later you will.