whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.
If he thinks that is a good way of making a profit, then he can do that way so he can wait for another buy price which will be lower than before. That is the function of analyzing the coins so he can find the right time to buy and sell, and even he can decide to sell the coin in what price. But yes, I agree that he needs to stay calm if the price is increases or decreases because sometimes that is only a shock therapy for traders to be panic.
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I hope the OP will not confuse to check one by one of the coins that we suggested to him because there are so many potential coins that he can buy. Maybe he needs to write down all of the suggest coins and then check it on the market with each of their projects to see their moves, and after that, he can try to decide which coins he can buy. That will need time to get the right price to buy because he needs to make sure the right coins that he wants to buy.
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I think investing in bitcoin is more than enough because bitcoin will increase to the high price. But if you want to invest in the altcoin, then you should analyze one by one from the top 10 coins list. It's not easy to find the right coins, especially if you want to invest in more than 3 coins because sometimes, the other coins can offer a nice chart to go to the higher price.
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I don't try to use them again since a long ago because I don't see a chance for the market to make a good volume trade. Do you have balance in that exchange? If yes, then you should withdraw and move to the other exchange. I hope you can solve the problem so they can reply to your message. I think they have a problem inside their site, so they decide to shut down the exchange.
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Guys, i have shortlisted 4 coins out of which i want to invest in 3 coins with 50%,25%,25% portfolio share....the coins are ADA,ZILIQA, ELASTOS, BAT......so which 3 coins you guys feel that will be huge by dec 2020 ......Thanks
From your list, I think the chance to increase higher will come to ada, ziliqa, and bat. I don't know with elastos even if many of us say that elastos is a good project, but we don't know how they can survive and compete with the existing coins, so they need to prove in the market. And if the project is really good, then I am sure that the price will follow and will increase higher.
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I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
If you look at the real volumes of good exchanges, and not into the kitchen, you will see that they are very small relative to such growth. This means that someone is winding up volumes and trying to raise the price of Bitcoin. But the correction is inevitable and maybe it will be very deep. I guess that he is a bit too late to sell his bitcoin because if he sells right now, his profit will not bigger than before. We know that the bitcoin price has already touched more than $8k, and that is the best price for him to sell bitcoin. But if he is late to sell at that price, he could still sell it right now while the price is at $7k. Or he can wait for a while until the price can increase again at $8k.
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I think I miss so many opportunities since my first time to join in the cryptocurrency world, but I do not regret because I know that is happening in the past and I have another opportunity to make my future become better. What I need to do is searching the opportunity from trading because I am trying to make a profit from trading and I am sure that I can get one or two or more opportunities so I can get the profit.
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Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?
Buy low sell high, a common way to trade and the most easiest way to earn money. Trading can be more complicated if you use many indicators, but of course professional traders prefer to use that. I don't know the effective rate because my trade will depend on the move of the market and no one can be sure on their trading analysis because its volatile. That is the basics lesson in any trading and not just in cryptocurrency trading. As long as you can get a low price, then you should not worry, and you only need to wait for the price to reach the price you want so you can sell it right away. Trading will be a good way to earn money especially trading cryptocurrency because we have so many options to buy the coin and from that coin, we can earn money, and if we can repeat the process, then we will make a big profit later.
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I always believe that bitcoin is good for long term investment especially if you were able to acquire bitcoin in a lower price just like sometime last quarter of 2018. But, long term investment would make your investment stagnant for longer time. So, I suggest to divide your capital, part of it for long term and the rest for short term or day trading.
Yes, we have the same opinion. I also believe that bitcoin does not just work as a long-term investment, but bitcoin can also work as a source of income to make money. We could have bitcoin for the long-term investment, and we also have the altcoin that could be our second option as the investment. We see that in the early people who adopt bitcoin was made a lot of money in 2017 and it will repeat in this year and the next years.
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Talk about a pullback. Woke up to 7200 thinking wow 10% only to find out it had sunk as far as 6.3k in Asian trading.
I sold my regular bill paying portion at 7k so was hoping it would stay a little longer at 8k but gains are gains and we were expecting this weren't we?
Bulls should be pleased even massive sell offs is only making this dent.
Yeah, but we were hoping to see it lasting a little longer, not much, a week or so. I'm like @1Referee, always the same story, you wake up and discover you're late, the mountains collapsed ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . I wanted to wait for $8,5k but decided to not, I could feel the correction coming and I sold a few bitcoins for $8k this week. But you can set the alarm, so you are not late but nevermind, it already happens ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) People who can buy bitcoin at $6k will be happy because now the price is back to $7k and soon, the price will be back to $8k and fly away to the higher price. But for many people who cannot buy at that lowest price, you could still buy right now or in anytime because you are not too late at all.
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We don't know if the next days will be the new bull run that will start because right now, we are down again. But that can happen if tomorrow, there is a good sign that appears in the market, and that will attract the price to increase. It doesn't matter if the price cannot increase fast because that will make suspicious and it's better to increase slowly, and in the next week, the price will touch the new higher price.
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A big correction for cryptocurrencies is happening right now. We maybe are going to see a big rebound after or it was a trap. For some coins, it seems to be the first option. But anything can happen.
I hope so, and we need to be patient from now on because the downtrend is deeper than before, and we hope that there are no other bad things that were going to happen later. We still need to prepare for the next rebound so we can sell at a higher price and I don't think that this time is a trap for us. The other coin is just following bitcoin to go to the lower price, and many of them were down deeper again. But I believe that it will increase higher later.
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I guess some people think that Cryptopia hacked themselves in order to justify the proposed closure now, people lost their money without no hope of refunding anything.
very unfortunate if that is the right thing to do. they make dramas to bring money from their customers. and of course this will not be done by professional exchange who maintain the trust of its members Everything can happen on the internet. If they are really doing that, I think people won't forgive them, and the law should chase them until they can get arrested. I hope that soon, there is good news from them to the members so the member at least can get a refund of their money and that is a form of their responsibilities to their member.
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Then we are going to see the price will get down like what we see right now. But don't panic because it is a correction of the price so the price can stay survive and become stronger and it will increase again. Usually, bitcoin price will make a new price in the next week, and the downtrend usually happens at the end of the week, so we have a chance to see bitcoin price will increase in the next week.
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It just went down to around 7,500$. Still, it is an improvement than the past months. Hoping that it won't hit rock bottom in the following days and months. It would br beneficial to those who invested prior to the increase of value and for the patient people who waited for it.
Yes, I see that on binance, poloniex, and bittrex. We are reaching the bottom price again, but I still believe that bitcoin will increase the price to a higher price. I think we have the best time to buy right now and we could buy more bitcoin if we want. But always make analyze before you buy at any price and don't make a buy in a rush because that will be too risky for you.
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I heard about earning dividends by holding some amount of tokens, and I think I remember that minex coin has already done this before and I think the program still running until now. I think it's a good strategy for a long time for the investors or traders or people who want just to hold the tokens for a long time. But I think it depends on the project itself if the project is very good like the other project which applied this, maybe people will interest, and they will hold for some time to earn more token.
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When you want to become rich in cryptocurrency, you don't have to get that from bitcoin because you can get it from altcoin. I am sure that not only bitcoin that will give us a chance to become rich but altcoin can make us rich too. That will happen if the altcoin is in the bull market conditions and it gives an impact to all of the altcoin prices like what we saw in 2017 ago, and that means we are making a lot of bitcoin and we can convert it into fiat.
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We are waiting so much long for this movement then why we need to stop now.Anyone who is thinking about selling just reconsider about it,this is just the beginning we are so much to reach in the coming months.
You only need stop if you think you are tired in trading and you need to take a deep breath because the price does not move to the better way. I already try to stop when the situations are out from what I want because if I still push myself to continue, I cannot get a good result, and it could make me lose the money. If you want to sell the coin, you need to pick the right time and place in the right place too and this could only found by doing analysis.
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Poloniex could try to rise again after it's on the behind of bittrex and binance. Poloniex can be a competitor for bittrex and binance, but poloniex needs to solve their problem first so they can get a stable exchange. But now, I see that poloniex has already fixed many problems in their site and I hope that they can maintain this so they will get more traders to come back to them.
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$300 will be the next target of ethereum to reach, but maybe we need to wait for a while because ethereum price has down for a moment, but now the price seems to want to start to increase again. We still have time in this month, and we could hope ethereum can reach $300 in this month so, in the next month, ethereum will have a new higher target price to reach. But that will depend on the market movements, and if there are so many good news, it will give a good impact too for the price.
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