Topic: BitTorrent (BTT) coin! - page 2. (Read 3557 times)

When talking popular, BTT is still below BNB, ADA and other potential coins,
but does this BTT have a promising future like any other potential altcoin?
it's better if you really want to trade with BTT we have to research and analyze it

Actually BTT is not unclear, it's just not as popular as the others, and it could be that BTT is also less competitive with some of the other top Altcoins, so for some people who have never tried trading with BTT, they will be a little afraid to start, even though BTT traders at this point there are so many.

It is a good thing that you have at least the know how on how this coin works and trading operates that is why you got good profits for three times in your trades. It is really admirable to see that you are able to work it out even in such an obscure coin such as BTT. Always, as always we need to be sure that we are armed with the right information about the project, who are the backers or management and also the community so that you will be able to work on this further long term, and maximize the profits.

I am eyeballing BTT, and getting into crypto.  I looked at Cardano, and ORAO.  I feel like swinging for something and might put it in BTT and put it on a ledger nano for a couple years.  IDK if it is worth it.  The has a high amount of active users that could use the coins to speed up downloads, but are the coins really being used and is the app doing what it is supposed too.  How committed are the developers to making sure the coin gets use?  Well I imagine they want the coin to be used actively as they hold 20% when the coin was created, but maybe the coin can't be incorporated into the ecosystem as planned.

BitTorrent has been around since 2001, but under new ownership Justin Sun.  Idk how this effects the development and use of this coin.  It seems like app updates have the coin in the app to be used to speed up the downloads but the downloads dont matter if you pay for the coin or not.   I imagine like any other project that is out there that things are in development which goes back to looking at coins.

Most projects I read about on different coins are in development they don't have any actual use for there coin currently everything is based on expectations.  There website looks great, but there business model isn't proven but there valuation in the millions or billions.  It's all hype on alot of these altcoins with more money piling in to find the next big thing (take myself getting interested).  Now take bittorrent - 100M active users - 1B downloads across the world.  If regulation comes in it wouldn't matter because so many users of the app.  Torrenting is illegal and the coin has value to illegal activities (historically).   I just think this coin has no where to go but up in value, but if the developers dont commit to making the coin having a live ecosystem for use then they aren't doing themselves any favors consider they hold 20% of the coins.

Not saying my view is right, but how I am interpreting things.  Don't know what you guys are thinking...

Yes, that is true, because I myself also thought that the cryptocurrency space was over even though there was a little bit of belief that what I thought was wrong, and it turned out to be wrong because after 2018 the cryptocurrency space began to show very good improvements and had bought some Bitcoin and other tokens at that time were able to reap very sizable yields in the following years to date.

You need to add more patience if you bought your coin at it's current peak.

Expect that correction may take place as there are early buyers who are now cashing out their money and enjoying the profits
that they've gained from this project. Just the same with every project it's unavoidable to experienced downside, you should always
have knowledge and patience to continue your chase to earn.

You know some days ago one scam announcement that btt burn but officialy btt announced that btt no burning announcement and then dumped btt.

Btt looking good coin but It's already up. But you can add it in your portfolio. Don't invest all money in one coin. 

what happens with 2018 is a coincidence if someone buys bitcoin, because at that time most people think maybe that's when the digital currency ends, those who buy at that time are only people who understand its future movements and people who have capital in their wallets. .

It's easy, you don't need a lot of capital to get a big profit, let's look at three examples of coins that are popular now, first Bitcoin, do you remember when Bitcoin crashed in 2018? who bought just one unit of Bitcoin at that time, now his assets are almost 20 times the capital he spent at that time, as well as BTT, Ethereum and Binance, all of which have increased a lot and have even exceeded 20 times with multiple ATH.

If you are familiar with the crypto space, then you must understand that not all news that spread in the media is true before you can verify its validity. I am not sure that this is an April joke as you mean it. Altcoins are in a good trend right now, many small traders want cheaper crypto asset and that may be another reason why BTT's price is on the rise. Based on the data I have encountered, currently BTT has experienced a correction of up to -35% after successfully touching ATH at a price of $ 0.01356626. Even though the initial investor had a fairly high ROI, whoever bought $ 0.01356626 to hold it should be willing to wait for the resistance to break.

a few days ago BTT experienced a fairly high price increase and one of the reasons was the large amount of news saying that BTT would burn a small portion of the circulating coin supply but after I checked on BTT's official twitter it turned out to be fake news, but even so It seems that the burn issue was able to push up the BTT price and of course it was just an April mob joke that was quite successful 
https://twitter.com/BitTorrent/status/1379998369620238337?s=20

for people who already understand and can read market charts, of course, it is very easy to get big profits, but it must be with a large amount of capital too !! without large capital, how can you achieve large profits?

now there are certainly many people who think that BTT is very good as an asset.
In my opinion, BTT is a good token, but for now, BTT is no longer reliable for long-term investment, BTT can now be used as a short-term investment to profit every price movement in the market.

I just notice this token in my Betfury staking rewards I use it to increase my level then I realized that it's a good coin making a pump in the market recently, so I started string it who knows like Doge with a huge supply it will start making a pump, I started storing it when it was 4 sats look at the price now it's on 16 sats now.

That's right, and I always make sure the best before I invest in any project, for the matter of my knowledge of the project, I myself have started to feel enough, although not as optimal as others know, thank you for the advice.

What projects are those....

The market cap of BTT is very high so that I do not thing it will have a certain pump. I cant believe there is a coin with cheap price and high marketcap like this. Invest in this coin is a good idea because it is hard to go lower. Thus, safety is unquestionable.

If I had a choice, I would not invest in this coin because I have recently found many greater projects which higher percentage of return.

Everyone who is experienced can always see whatever token chart he likes, only for this accuracy it usually depends on the level of someone's negligence in trading, because determining the result is easy, but getting big results, it will not always be easy for anyone.

Good for you, timing is very important if you are working now with this coin, you'll be happy as

it is moving up again and bringing compensation to those who knows how to scalp, important

to remember that before you take your investment make sure that you have the knowledge about

this project, long term, possible to maximize you profits.

it all depends on your shrewdness in reading BTT charts on the market. the most important thing in trading both in Btt and other altcoins try not to make the wrong conclusions.