Bitcoin Forum

Bitcoin price hit 1002.59 on 2-2-2017. As a traders what is in this for us? The margin traders will always make their gain either the bitcoin is trading up or down. But the buy and hold traders, the best opportunity is now, if you bought bitcoin on Monday the 31 January 2017 you could have makes $80 profits as at today the 2 February 2017. I keep on saying traders should focus on events that changes people views on bitcoin instead of follow panic traders.

To make that in a day of trading would be considered a good day because by the time you notice the change and spend the time doing anything about it that time window will be gone in a flash.
Those that saw this uptick in price a day before were the ones that made the most profit from this big increase in so little time.

We still have a chance, the charts have told us if the price will get another increase tomorrow.

A lot of the people just follow the chart and not for the panic traders, As far as I know the important factor can make traders were feeling panic have caused by the chart movement.

No one follows panic traders, or FUD starters. If  you really are a trader, you will follow technical analysis and reliable news. You make your own analysis and make your trades accordingly. If you keep on following others and let them make trades for you, you are bound to lose your money. You do not want that. You have to make your own trades so that you will not blame others if things went wrong.

As a true trader you will really stick on your trading plan and methods and you are right it does really need technical analysis and theres no really room for FUD starters or any news on panic selling.We should really always stick on our plans to gain profits on price movement of bitcoin.

Right now the bitcoin price is $1011.Awesome  :)
 Too sad for me because i have only 0.044 btc and i can`t buy.
I hope that all the other small holders and traders like me will get some nice profits.

I myself set goals when it comes bitcoin trading because we are seeing it's potential from 2012 onward. If you follow strict rules that not to sell more than 1100$ definitely the price of bitcoin will surely increase. Like me many people hold the bitcoin may be even it touches the figure of 1500$ also.

That is possible to happen just wait and be patient until the time has come.Trading is one of my priority to get some profit but the best one for me to make profit for now is sports betting.Now Bitcoin is on $1000 point.

when you wanna go long then you have to also buy at the dips, specially where there is a big dip like the recent $750 dip after the rally. the stable $918 was good only for day traders who wanted to accumulate for the next phase.
but most people panicked on $750 and sold and then again panicked on $990 and bought. right now they have lost $150 from their sells and gained $10 from their buys.

so how much you can get profit 2 day in bitcoin trading
you can share youre prediction, bitcoin price can max incraese until reach over 1100 dollar/bitcoin or not in february

technical analysis, market behavior, keeping eye on price increase and decrease, good patient with good amount of money are too much important in trading. trading need a lot of experience and skill if you have the skill the to recognize the right time to invest and the right time to sell i think that is one of the most valuable skill in trading. but you can get that skill after spending a lot of time in trading and getting good experience.

I'm really surprised with this price movement because I sold 1BTC on the 30/01/2017 an increase of $100 in two days interesting. I think we have now broken the $1000 psychological barrier.

It is so good to see the vaule of bitcoin reached again a thousand yesterday, it is surprising yet we do not need to panic on trading and selling our coins. Things will be better in the future.

It is great to see bitcoin passed 1000$ and if the china's government don't initiate the investigation I think the price will be higher, 2017 is going to be a great year, if you have spare money, investing bitcoin will be the greatest way to earn profit, hopefully the price will stable over 1000$

we hope to see bitcoin create a strong support at $1000 as the price easily fluctuates. People bank of china investigation may not create higher impact on the price in the long run. Many countries all over the world are keeping bitcoin on waits and see investment policies and because of this the market will keep increase in value. Though bitcoin has never stay over $1000 for a long time, but this time will expect it not to go down again.

This is great to see that we reach again thousand, and yet more to come, so no need to be panic on trading. And if you are really no need to follow those things that are not reliable source and even the speculations around.

Yes unfortunately every traders has strategy for making profit,
your strategy can not work for the trader that looking for profit daily.
Long time Investment (buy right now and hold)
will be work for investors not for the trader.

Be wary, gentlemen. This pump is weird, price goes up despite markets showing hint of mixed technical indicators.
It seems that bullish front formed purely because of enthusiasm of traders and so far continues like that.
We can't say for sure if $1000 will be our new ground and support level or if we will go down once again, as soon as happy attitude will shift.

What event changed the price of bitcoin all of a sudden,i am not sure there was a specific news for the price jump since the rumors still surrounding the price increase may be because of the Trump phenomenon or the Venezuela's economic crisis ,other than that i am not sure why the price jumped over 1000 dollars .

Only time will tell whether the psychological barrier is breached or not, let the price be stable above $1000 for some time and then we can make sure that it crossed the barrier.

Yes that's right.
And now the prices will drop soon.
Moreover people will sell a lot of bitcoin now.
By selling I mean convert them into their currency.
And so now you might see the number of trades to increase

Quite the opposite, now is the right time for us to make a good profit since we have seen the price drop from $1150 to $760 that is a drop of nearly a half, so the ones that were smart enough to sell got the chance to get double the amount of bitcoin they have, I personally have set the $10k my target point and I am going to keep on hold.

Means you will wait until the price reach 10k is it possible? And how much time you are ready to wait? I think it will take years to reach 10k and there is no hope that it will reach that price. As per now, this is best price don't expect more. If you become greedy, i think you will not get any profit. For me, this is the best price, and this is the best time to trade.