It happened several times last year, but now, I don't think it is possible anymore. Ethereum's 300 USD price is not that high, it is still very low price. So, 100 USD is not possible for sure.
I do not want to sound like a pessimist but it can happen anytime with any cryptocurrency. Crypto is volatile, and Ethereum is flexible also. However, in the nearest time, ETH is going to gain a lot. I am sure it can hit 500 USD.
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It is rather unfortunate some investors only see the negative side of any coin with high volatility. Coins with high volatility are good choice for crypto trading because they have the potentials to rise within the shortest possible time. Sell to make profit when it rises and buy more when it drops in price.
Volatility brings a good side in cryptocurrency and that is one of the good thing with volatility, trading has life and many people are benefited to it if there is a good side there is also a bad side when it comes to volatility like we cant make it as standard mode of payment because of the price movement. It is a personal decision. Hodlers goal is to get a profit holding cryptocurrency for a very long time. As a rule, they have their own business or a very good job and can wait for years. They invest in cryptocurrencies tens of thousands.
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I think buying bitcoin using a credit card is not very attractive to me because it incurs a large transaction fee between 3% -6% depending on the credit card and the exchange party. So I prefer to buy bitcoin by using a bank transfer because the cost is not too large so I can get more profits.
All operations with credit cards, even when you deal with fiat, need commissions. Thus, using exchanges is much better. Cool if you have a list of trusted exchanges and monitor their exchange rates to pick the better one.
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People will obviously recommend for Bitcoin but it will not just stop into that, we may look into some other potential coins in CMC and we could find a lot of them. I will not put my entire funds into Bitcoin alone but of course, I need to consider those known coins in the market cause that's the only way we can assure of profits in the future.
I started to think about investing more in BNB and waiting for a year or two. This is a very promising cryptocurrency, and Binance coin has got all the chances to gain pretty well. BTC is surely the crypto to hold long.
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I want to buy some BTC with cash locally, the seller i found says : "send BTC to your wallet. After 1 confirmation On blockchain, collector takes from the table cash." Is this enough to be sure i will receive the bitcoin sold me? Or its better to wait for 2 confirmations?
if you don't want to invest your time without the help of banks then you can definitely buy the Bitcoin for your currency using local traders or local seller of Bitcoin but I cannot completely say it will be a safe method Digital money should be better bought online, not with cash. First, it is extremely difficult to find someone who is ready to sell his Bitcoin to a stranger, secondly, the exchanges rates can be better.
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Goodnight all,, In May, which ended yesterday, I got a pretty good profit in trading ETH and BTC. About $ 600 in almost a month. Do you experience the same thing when market conditions continue to improve. Share your experience, to make more enthusiasm in trading. Thank you very much.
People, who managed to buy/sell Bitcoin this June made better profits. Certainly, I am talking about people, who used to operate with large amounts of crypto. I managed to make about 800 dollars which is not bad at all.
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If BTC dies all crypto market dies..I dont think that another coin can replace it, i mean, i dont speak abot technology and so, of course there is already existing projects which technology is more progressive. BTC is main currency, digital gold, there are no alternatives with such big credit of trust.
If it happens (hope, not) many people will lose huge amounts of money. Bitcoin is the number one choice for most investors now. Yes, sure, later, in 20-30 years, another cryptocurrency can become a leader but not now.
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I do not feel like spending 5 thousand for Ripple and 5K for Waves. First of all, the sum is too big. Secondly, other altcoins will bring more. My choice is Litecoins now and Ethereum. NEM and NEO alts can be good.
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I use the blockfolio app. Also I use coinmarketcap when working with the computer. And I follow in a telegram a couple of channels that publish the latest news about crypto. It helps me keep abreast of important events.
For me, CoinMarketCap interface is the best one: everything becomes clear when you open the site: the graphs, red and green marks, etc. I used other services as well, but no one of them seemed to be better than CMC.
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I also check the price on the exchanger I use the most, YoBit. But as it is known the price is always higher than the actual one, so I check it on Coinmarketcap from time to time as well.
I use Coinmarketcap when I am by the computer, and when I go somewhere I use the applications which are installed on my Android. The news about crypto prices there is always updated, and I get them every hour.
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Hello, I am an active crypto trader and recently I stumbled across TradingRoom. ( www.tradingroom.io) I would like to know if any one here has used this tool and how apt were the predictions based on the data it provided. I have never seen it. Now, when I followed the link, I understand that the resource is worth paying attention to. Actually, I use Coinmarket Cap to understand which of the financial operations can be profitable.
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Well, it is very hard to monitor altcoins today especially when that altcoin is not popular or you haven't held any of it. If you are a hodler of altcoins for sure you will monitor it daily or weekly. Bitcoin has risen a large amount this month and of course, altcoins followed. But some of the altcoins right now increased by 200% to 300% after the rise of bitcoin so I believe alt coins had a bigger rise than BTC without checking the last year's chart. Bitcoin is the mother coin of almost all of the token in the market that's why they are following what is the status of the btc and also depending on it.
It is not so difficult to monitor altcoins if you do not have over a hundred of them in your portfolio. As for their growth this May, Bitcoin showed better activity, which was a bit unusual. I guess, in June, alts will be faster.
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what is intraday? HODLing has done me good so far.
Intraday is a day trading I think. Those, who ask these questions should not deal with day trading as they do not have experience for it. Holding is the best variant. It will be good to invest in several alts and hold them for 8-12 months.
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TRON has gained a significant amount today, Monacoin also followed the same. I wonder if thehe altcoin bull has started like as previous, alt bullrun after btc bullrun. Can TRON be really a good investment?
The hype around TRON is over, and now, there is a time to look realistic to this token. Some people say it will reach a dollar, but no, it is not possible. However, the best price of 0.1 USD can be reached in 3-6 months.
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According to a recent Twitter post from Josh Olszewicz, an analyst at Brave New Coin, Bitcoin’s one-day chart is starting to show signs that bears are starting to creep into the cryptocurrency scene. He explains that Bitcoin is currently trading in a rising wedge pattern, which if not broken past, often acts as a catalyst for a bearish trend reversal. What’s more, there have been bearish divergences between Bitcoin’s price, and the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD). In other words, as BTC has moved higher over the past two weeks, these indicators have trended lower. This is important, as bullish divergences seemingly preceded a number of crypto market rallies throughout recent trading sessions. Full Story Here.Your thoughts guys? There's nothing to worry about,even if the price goes back to 5K. Bulls and bears are usually the same people.Some bulls decided to sell btc and cashout the profits.That doesn't mean that they won't buy if the price start going down. Now, Bitcoin will not fall to 5 thousand again. The current fluctuations are a norm - we do not see that BTC is falling into the deep pit. In a couple of days, it will start growing again, even with a better speed than before.
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Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
The rate of technological advancement gets faster over time, so that 10 years is a very long time span for an innovation like bitcoin. Still, bitcoin has plenty to prove as a nascent technology, but the fact that today it's more expensive than an ounce of gold is an indicator of its potential if it is to gain mass adoption. Every day that it survives it gets stronger. In comparison to time period of existence and its growth period, bitcoin has experienced a massive growth in a much shorter time period. With gold the same took years and years and if bitcoin survive such a long number of years surely bitcoin will get served everywhere. Starting as a transaction token to an universal currency. As advancement is a continuous process years of survival surely makes the bitcoin along with other cryptocurrencies get stronger and stronger. Today, the world has been developing with the speeds that seem really fantastic! 10 years for Bitcoin is really much. This is proof that the cryptocurrency is useful, it is needed now and in the future. You can keep gold if you want, but work with crypto making profits.
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By all means no. Security is a big issue for me, that is why I try so much to look for non-kyc companies when it comes to my bounty hunting. I really do not want my identity to be used in various purposes worst, terrorism. Money will come at the time of need but i don't think selling my identity in exchange for money will be on the list. Of course there are millions of us, but man, protecting your identity should be your priority. Do not conform to what other people do. Let us all be enlightened, If you did not do anything wrong, you do not have to be afraid of giving fingerprints for these purposes. I am not sure that this data will help terrorist hurt you. If it is needed, I will agree with this procedure.
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Bitcoin Bitcoin Cash Maker Monero Dash EOS Binance Coin
this is a recommendation from me and in my opinion, is the best at this time, please select the cryptocurrency for your investment.
I would invest 70% in Bitcoin, and the rest will go to buy more Ethereum, Litecoin, Bitcoin Cash, and Monero. Oh, DASH can be also added to this list. Suppose, these cryptos will always stay profitable.
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That's really some good news. I think the BTC price will grow even more.
The fact that more countries can start supporting cryptocurrencies may not effect on the price of Bitcoin. Nevertheless, it can really make BTC volatility not so great. All will calm down and start taking crypto as the stuff to live and deal with.
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Stores or shops that accepts bitcoin are still limited in our country so most of the holders convert their bitcoin into fiat before buying any product. But buying an e-load by using bitcoin is possible through a local bitcoin exchange and I've been doing this for a couple of years now. A local air carrier is also planning to accept bitcoin as an airfare in the future and the company will make it. Others are mostly online shops where bitcoin is mostly accepted aside from fiats.
It is enough to open the search in your browser and find the information about the online stores that take Bitcoins (and other cryptos). You can buy a tour to another country with BTC even, or a hamburger - it depends.
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