One way to find out is to really dig your hands on trading. I also started reading all about it here. But I just realized that no amount of reading will give me what I wanted until I truly do trading myself. So I started with few hundred USD as capital and started my journey. Its really difficult and a lot of challenges in the beginning for me, and of course losses at the side. But this kept me very positive because I know its just part of the game and lessons learned. So as I matured I learn a few tricks and tips for myself so that keeps me going as well.

Good to read about it in the beginning, but if you really want to apply what you have read I advise you to go into trading right away with small capital and play around with it and see how it goes for you.

We already seen price correction already, its down from $5000-$4600. Its just beginning of the month and I still the price can still grow in the coming days. Its just normal to see price going down after a massive bull run. Of course everyone gets the chance to buy more in this dip, although the price is still high, I think some investors will buy in dip. I can only speak for myself, I think we are going to see the price go up more than $5000 at the end of month or maybe more.


We can't be sure that the price will continue to rise otherwise it will be a bubble. Some correction along the way has also benefit as well. Because others will be given the chance to get bitcoin and accumulate more. Yeah, I'm with you with the price going to increase to $5000 but it won't be a continuous rise rather short correction must happen so that new investors can enter the market.

Well last season series with San Antonio clearly shows how he's a choker. He can't even close out games no defense whatsoever and even got blocked by Manu which should have sealed the game for them. I think its more of the attitude and patience that's why he is not performing to his full potential. Yeah, probably in for the money because Houston has paid him bigtime but he is not responding to it and I think they have overpaid him to be honest. Let see this season, If Harden has changed, he should be inspired as what Russ Westbrook has done to Oklahoma since Durant left.

Yes, its kinda freaky and nervous moment because upon reaching as high as $5000, we are not seeing like panic sells that pull the price to $4600 and could probably go even lower. For the newbies out there, you don't need to panic and just would simply sell. Of course its gonna be nervous and thinking that you should have sell a while ago when the price is still at $5000, but I'm pretty sure that it will recover soon. We all know that bitcoin has this ability to recover and even go even higher as previous price. I must admit I'm a little bit worried, but no, I won't sell. I'm seeing the price to go along the line of $6000-$7000 so I'm just wait have patience and not to be affected by the sudden price going down.

LOL Did you just checked the price? It is currently going down to $4600-$4700 after momentarily touching $5000. Its now the mental barrier that we need to break-$5000. You can't really put the fault for the traders to sell some of their stash once we get to $5000 because the profit is there for taking. I know that Asian markets has recently been buying bitcoin that's why the price has push to this level, but I'm not really sure if there are big entities behind trying to manipulate the price to get to this level this suddenly dumping it. Well its weekends so I'm assuming they are just cashing it out, the usual we see during weekends dumps.

But I still positive that we can get to $5000 and be able to sustain it maybe at the end of the month or 3rd week. Assuming that the minor price correction would stop this week.

Exactly, it usually happens in Japan China and South Koreans time zones where there is a huge amount of trading volumes happening. I'm lucky I'm in that time zone . So I was able to monitor the surge is price and its truly amazing that bitcoin can reach another milestone in its young history.

Well a minor correction had happened now and its down to $4600-$4700. So I'm assuming that the new mental barrier is $5000. Similar to what we experienced at $3000. It briefly touches that price, then traders began to sell. No doubt that you can't blame them for taking the profits, but I still optimistic that we can touch and break the $5000 wall anytime soon.

If I were you I wouldn't consider a third party that will managed your bitcoin. I haven't used Xapo though, but the reviews I have read is not good about them. Some claim that they are charging fees a high as $7 which is reall quite high. if you really want to used cold storage for your bitcoin, then why not get a secured one like Trezor or Nano? Not that expensive plus you get your funds very secure for long time if you are thinking of holding your bitcoin long term. Or go to Electrum or Bitcoin Core as alternatives? There are a lot of better wallets out there that will let you have full control of your funds because you hold the private keys. Its better safe than sorry mate. So I advise you not to used Xapo as cold storage.

This is the very same reason that's why I quit coinbase and moved somewhere else. There is no improvement after the CEO said that he will address this issue, on the contrary it gotten worst already. I surmised that in a average, they are at least receiving 1 complaints a day and nothing has been done about it that's why the queue has clog and a lot of backlogs aren't even answered. We understand that it is a difficult task to operate an exchange especially now since the user based is growing exponentially, but at least they should have upgrade their support and infrastructure to be able to deal effectively with the difficult situation. I guess they have earn millions and millions and it should be easy for them to improved and raised their standards. Sadly this is not the case, they let their customers down by falling on deaf ears.

I don't think you need to buy 1 full BTC. I buy bitcoin int portion whatever I can. I agree that the current price is too steep for casual investors like us, so its better to buy when there is a dip. The only problem is we do not know when the dip gonna happen, or are you willing to wait and miss the opportunity of getting profits now? Its up to you I guess whether you are willing to buy bitcoin today or not.


I'm sorry but there are no such thing as stability of bitcoin. Maybe you mean to say bearish market? If not, then stability does not apply to bitcoin because the price usually fluctuates as you have mentioned.

What a day, usually during weekends the price of bitcoin and other altcoin usually tank or go down. But with the current trend, it looks like that this is quite a first time for me to see that bitcoin and all other altcoins are hitting records high. The article says it came from Japan and Korea, do those 2 countries are really putting in cash because of the imminent war with North Korea and getting their money in crypto's is a safe bet for them? I'm still trying to comprehend things now because we are nearing $5000 and I'm considering that we may hit a correction in the following days because the price is going up too fast for me. I'm not saying its a bubble, I just wondering where all the money is coming from and why now?

This is a very effective way for us casual and ordinary investors on how to gradually put money into bitcoin. I also used this method to buy and accumulate it over the course of months or even years. Because with the current price which is too high for us, it would really make sense to just buy in dips in small portion and just save it for the long term. You would not have noticed, but it will grew overtime.


Altcoin as well is a good hedge against bitcoin. Just careful on what altcoins you gonna invest in the beginning. I'm not saying that all altcoins are scam, but choose wisely so the chances of you losing profit will be less. I can't recommend you what coin to invest to, but used your better judgement. IHMO.

Yes, the topic was created a long time ago but it is still relevant today because there are a lot of newbies everyday trying to get in the crypto trading specially right now that the price is going strong. So its really nice to give them some points regarding our experience in panic selling.

I must admit that I usually do panic before selling and would just sell all-in. But as I mature, I stay away from the sell button and I just think that bitcoin will recover soon and I don't need to panic sell. Actually you should buy when there is a time, its a perfect time to accumulate more bitcoin. Its really up to the individual, but I suggest that don't be emotional like me before, key stay cool and think of your future profits if you are going to sell because others are doing so.

LOL. Why are you thinking of corrections now, why not enjoy the massive bull run that we are currently seeing? Well if you are thinking that the price could go to $2500 then you are wrong. You have the perfect opportunity before to get it while the price is "low" and once it hit $5000 then your investment should have been doubled by then.

To answer you question, of course correction is necessary so that like you, new investors can get it and buy back bitcoin. However, its really hard to predict when its gonna happen because the price is purely speculative. You just have to monitor how the price goes, and see if there are external factors (negative) that will highly impact the price to go down.

I owned a second hand Honda Civic in our country and I must say that indeed 1 BTC is more than to get it and you can get a much latest model with the current price of bitcoin. So I guess its really possible now to get a car with the current price specially in Asia. I'm very optimistic that this month will really bring good profit and do hope that the massive bull run will continue.


Yes, Kabayan. That's why I'm planning already to sell my second hand Honda Civic then add some cash my from bitcoin earning to make a down payment for a brand new car. I already had a buyer and hopeful we can close the deal this month.

Just stay optimistic about it, but if there are bumps along the way, I'm sure bitcoin can recover as proven from the past. It can rebound and the price can go even higher as expected.

As per the date of their posting, the timestamp is Aug 10, So we can safely assume that by Sept 10 Philippine Time, we should have been getting updates from them on how we can claim BCH. Sadly, I think I don't have big funds in coins.ph and I moved it somewhere. Because initially says that they are not supporting BCH in the beginning but suddenly made a U-turn after seeing that other Exchanges that also initially said that they are not supporting it change their stance. I think I only have like dust amounts in there. LOL. But free is free so I might as well get it. Yes, fellow Pinoys, let stay positive and I'm sure that they will honor everything they have said in their blog.

Thank you for letting us know your experienced about jetcoin but I have to say that this is a old style to scam people of their bitcoin. I must admit I have been a victim of such Ponzi and HYIP at the beginning of my bitcoin journey and its really a hard lesson to learned. That's why we have been posting warning here in the forum not to invest in such scam. Of course they will pay you initially to think that they are legit but after a few weeks they will just ran off with your hard earn bitcoin. For sure another site will be opening soon to attract so again people who are unaware but I'm sure you wouldn't invest on such website again because of this. I hope you learned your lessons just like me before not to invest on such Ponzi or HYIP scam.

I would also sell in small portions to test how the market is and then get it during dips. In the beginning of my I usually go all in and as I go looking back, its not a good strategy to begin with. And before I would just sell even though I don't needed fiat that time so it very wrong move that I'm making. But as I matured, I only sell in portions and observe if I make the correct decision, sometimes I hedge it against dollar as well. You will definitely regret if you did sell all in as what I have experience early on.

Hmm I don't know if he is onto investing or something. But this is still publicity to bitcoin because as the article has mentioned he has a lot of followers and it bitcoin will instantaneous reach a lot of people. And being him one of the famous wrestlers around, I think its really a welcoming news for us. I think bitcoin has really reach a lot of personalities now, like Hollywood, Bollyhood and now sports personalities.

Did Floyd really posted something similar though? I don't follow him but if he actually did so its another plus for the ecosystem system. I guess those really have a lot of money has a lot of advantage for us ordinary investors but its all good. As long as the cash in flowing in the ecosystem, we will be good then.

LOL. I'm guessing that you are still young and that you can see yourself down 10-15 still alive and kicking. It really hard to predict when the price of bitcoin will reach 50K. Maybe in just 5 years we are already there.

Actually I don't know if the price could really go that far. Its gonna be too expensive for normal people to buy bitcoin then. But if you are going to hold bitcoin for long term then you will be very satisfied that you have invested early on it.

Yes, a lot of surprises especially in FIBA. I haven't bet though, but I will be putting money on Finland because they have a backing of the home crowd which is really help a lot of teams especially if they are the underdog.

Really nice game, it went to overtime, but my concern is that despite the strong performance of Evan Fournier, they still lost. Fournier often was caught forcing things too much. That was his downfall with the Magic last year. He would drive in too deep or drive sort of wildly into the paint without having many outlets to score. Fournier also struggled defensively. There was a series of plays in the third quarter where Finland went to forward Shawn Huff in the post. Huff abused Fournier on the block for several baskets in a row, helping keep Finland in the game when it looked like France was going to pull away.