Cryptocurrency market trends I

[Kant123]

You don't need to own a whole coin. You can own fractions.

Ethereum and Link are the lowest risk ''sure thing'' plays. Everything else is super risky at the moment.



The 20 week moving average. Go to tradingview. Open chart on INDEX:BTCUSD, time frame: W (weekly), add indicator (Fx symbol) moving average, go with your cursor over the MA symbol, settings, change to 20.

You will BTC retraces (goes back to) this area in a bull market (see what it did in 2013 and 2017).

@T1a call for a multiyear bear market already starting is premature.

Is this just for Bitcoin or other coins like XRP, doge etc. Bear

 

[Apollo]

Is this just for Bitcoin or other coins like XRP, doge etc. Bear

BTC is the market leader. The rest follows it. They don't trade independently on their own. BTC started this bull market and will also end it. So you will always have follow BTC no matter if you are an altcoiner.

 

[Kanan]

BTC is the market leader. The rest follows it. They don't trade independently on their own. BTC started this bull market and will also end it. So you will always have follow BTC no matter if you are an altcoiner.

Bear market till end of the year, when it will rebound?

 

[Apollo]

Bear market till eend of the year, when it will rebound?

Unlikely.

More likely sideways to slightly down in May through August, then slowly up September through October and then moon in either November or December.

 

[Apollo]

@Dawo

 

[المهندس]

@Dawo

Bullish

 

[Beyond Netero]

Bullish

Would XRP be a good investment option? I don't see it on Coinbase.

 

[المهندس]

Would XRP be a good investment option? I don't see it on Coinbase.

I see it as a good option others don't see it as a good option you need to do research on it.

Its not on most exchanges because its currently going through a lawsuit with the SEC

 

[المهندس]

Possible AWS killer in the future ?

 

[Apollo]

I have a conspiracy theory.. If Tether manages to show they really have that +50 billion in fiat or fiat equivalents then I am almost certain they work with the CIA/NSA/US gov and get this money directly from the Federal Reserve printer to fund various black budget projects. There is no other way to explain how this shady entity registered on a Caribbean island can have so many billions. It is currently the ~sixth largest corporate cash balance on planet earth.

 

[Galool]

Anyone here looked into crypto mining? I know most cryptos are moving to Proof of Stake over Proof of Work but still looking for potential passive income generation in crypto.

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From my research, currently GPUs are mostly sold out and the ones you can buy are way overpriced from MSRP. So if you want to go in, get the GPUs at a normal price aka MSRP.

"Mining" Helium caught my eye. You basically provide & validate wireless coverage with a hotspot. The more helium hotspots in your area, the more they can validate each other using proof of coverage. And you get rewarded with HNT.(you can sell HNT and get fiat$)

If you live in a small city with not so many validators/fellow Helium miners you get less reward and vice versa.
Anyone know anything about this?

 

[FabulousNYC]

 

[Ghengis Kaarhis]

I think this will be the next Binance Smart Chain (BSC) scam pump:


Checks all the dumb money boxes.

Haha, CZ (Binance CEO) deleted that tweet. He was pumping this:

WallStreetBets DApp

WSB DApp solves the FEES and MARKET MANIPULATION problem that have solely benefited centralized financial institutions for the past 100 Years.

www.wsbdapp.com

Screenshot that CZ tweeted about it before deleting:

What do you think of Harmony (One) ecosystem and mochiswap?

 

[Apollo]

What do you think of Harmony (One) ecosystem and mochiswap?

For now I think it is best to only trade the big caps & the larger mid caps.

Low caps (under the top 40) mostly all kind of look bearish and unpredictable now.

Market sentiment has changed compared to Q1 (Jan-March).

 

[Ghengis Kaarhis]

For now I think it is best to only trade the big caps & the larger mid caps.

Low caps (under the top 40) mostly all kind of look bearish and unpredictable now.

Market sentiment has changed compared to Q1 (Jan-March).

Been hesitant on it for a little bit, will f*ck around a little with it

 

[kickz]

Only a matter of time

 

[FabulousNYC]

What do you guys think of Ethereum

 

[Apollo]

Only a matter of time

Maybe in like 2025-2027. Next bull market. This one tops 6 figures.

What do you guys think of Ethereum

It's not too bad, but be aware that we are no longer in comfy hodl season.

 

[FabulousNYC]

 

[المهندس]

These shitcoins will make you a loss if you don't know what you're doing. Never hold them long term, watch the charts constantly ride a nice pump and get out before the whales dump on you and you lose your investment.