Dogecoin is currently undervalued and since most of the coins in it class get pump last year, dogecoin was left behind. I think the developers need to do a lot in other to build investors confidence on the market. This year 2018 is almost over and I doubt if dogecoin can make any significant progress in the area of price before end of this year. Many traders will put in money if the developer is ready to do some marketing and development. |
|
|
|
I am about to reach a milestone is my trading/investing and am going to reevaluate my trading strategy moving forward.
I want to set myself a goal of increasing my BTC by 10% a week (compounded) and wondering what is the best way to do this
Should I invest in small cap coins, coins with high volume. Invest in one coin a week or to different trades each day.
What would you recommend and is it achievable long term
It is achievable but very risky. Remember that professional traders are not making that much. Some of the professionals set their projection around 10 to 12% profits margin par annual. If you are setting 10% per weeks it means you will be putting huge capital at risk. I try to get 10% per week before in cryptocurrencies arbitrage trading but I lose at the end of the day and I have to reduce my risk before start making profit again. I wish you luck. |
|
|
|
What do you think? Bitcoin will grow like last year until it reaches about $ 20,000? Or fall below $ 10,000?
I think bitcoin is going to go up like last year as the bakkt is introducing another future trade again. I think future trade is one of the reasons why bitcoin get pump in December last year and bakkt on 12 of December is going to louch another one again. It therefore means, we should expect another bull run from next month as the doors is seeing wide open for new investors to come into cryptocurrencies market. |
|
|
|
Cryptocurrency transactions has been on the rise in the philippines.
They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.
With the current government administration they are starting to adopt and build even in the technological infrastructure.
In more years to come the country will be more open to blockchain technology like japan and other countries.
Nice to hear this and one by one all the countries will start to used bitcoin and other cryptocoins as a mode of payment for goods and services. Blockchain technology has help Japan to expand their financial markets and if other countries that are in one financial crisis now will adopt blockchain technology in resolving it they is no way they will not come out of it. We are at the time when technology is ruling and blockchain technology is one of the most transparent systems that any financial institutions can used. Phillipines has taking right step here and we should be happy they do. |
|
|
|
This is good news and this is going to triger another bull market. If you take your mind back you will agree with me that future trade was the reason for the bull run last year and the samething might happen again. I think we should buy now and do the samething that happens last year . Many of us that buy bitcoin this time last year makes profits from it in December because of this same future trade. |
|
|
|
A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible. Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest. If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash. Anyone any toughs? Also where are you going to put your BTC/cash into?  I mean just look at the house market here in the Netherlands. It skyrocketed so fast. I think the crisis has commenced as stock market is going down day by day. We should be able to recover maybe in 2 years time. This bearish market is seriously affecting cryptocurrencies market and even forex. Trading is becoming less profitable for quite some time now and many people getting discouraging. Our leaders especially the political one should reduce the cost of governments and reinvest the proceed to the economic in other to revive it. |
|
|
|
$100k by 2019 for 1 BTC Hey!  Now I will write for someone a shocking thought. Back in December 2017, I wrote that by 2019 the price of the first coin would be about 100,000 dollars. However, at that time there was a "bullish" December. However, and now I confirm my previous forecast - $ 100,000 (+/- 20,000) in 2019 for 1 BTC Now, let me remind you, the price of a Bitcoin equals "only" 65070Let this message "stay" here. Only 4 months left.And what do you think about it? Thank you! #Bitcoinprice2019 It is very possible we can still have a bull run that can push bitcoin to $100,000 and at the same time bitcoin can still go down more. We can only speculate and forecast but we can not really say when this will be but time will tell. Bitcoin will be better next years than this year. We should not expect too much from the remaining time we have this year but I seriously believe that next year will be better, however, I doubt if next year bitcoin will hit $100,000. |
|
|
|
Bitcoin Price Heading into ‘Classic Breakout Pattern’: Analyst
The bitcoin price has been remarkably stagnant in recent weeks, with the flagship cryptocurrency’s volatility declining to a 17-month low on Oct. 8. Analysts including Bloomberg Intelligence commodity strategist Mike McGlone have said that this could be an indication the cryptocurrency market is beginning to establish itself into a maturing asset class. But while declining volatility may make the case that bitcoin is a store of value a bit more plausible, cryptocurrency investors, particularly those who placed their bets when the market was near an all-time high, would prefer that BTC plateau while trading near a peak — not languishing in a valley. Bitcoin Price Heading into ‘Classic Breakout Pattern’ EToro senior market analyst Mati Greenspan says that the market may soon return to its volatile roots, as bitcoin looks poised to awake from its slumber. Writing in market commentary made available to CCN, Greenspan said that bitcoin’s range has steadily been getting narrower, so much so that it has now reached a tip. This, he said, is a “classic breakout pattern.” https://www.ccn.com/bitcoin-price-heading-into-classic-breakout-pattern-analyst/ We hope this happened and happen very soon because of the ways we see the market now. Almost every body are saying that a break out is about to happen and that means at the back end, trading decision are been made. Bitcoin is actually going to resume it volatile very soon. The ranging market is getting smaller and a breakout of the channels is going to create another bull run that we have been talking about. |
|
|
|
Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!
One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.
How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?
That is truth Creeps! We should look at trading as a profession that we can develop and not buying and selling. Trading, need times, intelligence and understand. You also needs to develop skills about how to trade professionally. Remember that it is your capital we are talking about and that means you should guide it as you guide your jobs. We are at the time that we have a lot of distraction and that is what trading hate. You need focus and perseverance in other to become a successful trader. You need to work day and night gathering information about your trade and once you do that there is no way you will not become successful. |
|
|
|
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis.
Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
Many of us are victims of this. Fundamentals analysis alone cannot make you a successful traders. Bird cannot fly with one wing, therefore, you need both the knowledge of fundamental and technical indicators in other to become a skillful traders. Trading is a game that about 95% of traders lose money and only 5% really make money from it. You are therefore advice to trade with good knowledge of price action and that is how to interpret candlesticks pattern and formations in combination with news and developmental issues. |
|
|
|
What's your plan for holding, selling, trading, spending for the next few years now that we will likely be starting a new bull-bear cycle in the next few months?
I think the next peak will be between $100k and $200k and likely occur in 2020, so my plan is to probably sell most of my Bitcoin hopefully averaging just over $100k. Will probably start selling around $80k just to make sure I get some good profits in case the run doesn't go as high as I think. Probably will just keeping 1 Bitcoin for like the long long term (with a plan to spend it on the LN over many years in the 2020s and 2030s). The next bull run should get to my own "moon" prices in which it makes sense to take substantial profits.
Most of what I sell in the coming bull run will go to set myself up financially in the less volatile stock market for the future (hopefully the coming stock market crash & recession will be timed perfectly so the market is still pretty low as Bitcoin is booming so I can take profits and then move into a stock market that is significantly down - in fact the stock market crash could bolster the bitcoin boom as they will likely line up pretty well the next two years). But I will keep some of those profits around to try to buy back at least one Bitcoin in the following crash to sell again during the following bull cycle.
So for me its basically sell most of my Bitcoin, keep a little for years to come to eventually spend when Bitcoin is in use as a currency, and use some profits to play the long term trade game and buy back some on the following crash in a few years.
very nice plan, just pray it works out in that way. I have a plan of holding about 10% of my total holding both bitcoin and altcoins for a very long time and I think I could be able to hold them till 2027. We really need a long term view in other to be among the rich in future. Your financial future beginning from the amount of money you put in cryptocurrencies market now and forget about it for the next 10 year. . Days are coming and that days are going to show who are the wealthiest in the land. Many of us that can hold some units of any altcoins now and holds them for long-term will be among the millionaire in future. |
|
|
|
I am excited to hear this and I hope recovery will commence immediately. We are really at a good time when bitcoin should pump, just as it happens last year. We are having many forecasts these days but this seem to speak the heart of many people and expectations of traders. I believe that the bottom is hear: just below $6500 and professionals traders has discovered this some weeks ago. If you desire to be part of the next flight then you should invest now that bitcoin is below $6500 and when it get above $20,000, you will be among the testified. |
|
|
|
if your statement is true and absolute then all we have to do is guess the direction the whale is moving, when we are behind them all will win even if you don't have any skills. Is that true?
If you can accurately guess the directions the whales are taking there is no way you will not make profits from the market. Some times you have analyzed the market and the next thing you see is that the market is going against that analysis that you have made. I think we just need to predict the whales's action and make profits instead of follow technical and fundamentals analysis that the whales can turn with just a click of mouse. The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins.
This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis. The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time. Do you call a person a whale based on what they call themselves? Then you are wrong. A whale is a big investor or a big buyer of coins. Can be your neighborhood "richboi of richdad" who bought crypto thinking its going up to moon while its a shitcoin going down. Thats also a whale. It can be a venture capitalist who take TA into account and has been watching the market like everyday and thought that this was a time to buy in. You are a fool if you think TA is bullshit. This is a selective biased opinion of some people who have lost money and an expression of the hidden frustration of days of hodling and seeing red markets. If you cant handle it then you should not venture into crypto. It is good you express your opinion without results to abusing word. However, technical analysis can only predicts the market not the mind of traders. Those that has huge money, moves this market to they favour. It exists in every market and not because you analyzed an asset and you lose money at the end mean your analysis is wrong but you were not luck, and that is why the whales takes the other way. |
|
|
|
|
The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins. This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis. The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time.
|
|
|
|
Viewed from several sides of the market, it seems that it is trying to keep rising, and towards the end of the year (as everyone expected) I have not seen a major change in the market. So I don't expect too much by the end of this year because it seems that the big increase will not be repeated at this time, so we have to keep turning our brains and continue to be optimistic to be able to adjust to current market conditions and try to get maximum profit. Give me another suggestion and thank you very much for your response.  i'm sorry if my English is bad. Towards the end of the year "I don't expect too much" too as nothing serious is really happening except limitations and ranging market. I believe that the bull run may be in 2019 . Are we not going to see market appreciating this year again? That is not what I am saying but what I am trying to said is that we are at a time that we can easily foreseen what might happen in the future and if you are waiting for December before you trade you may be disappointed. |
|
|
|
All investors nowadays are still waiting for the market recovery and since the BER months started. which is still hoping to become profitable again , but unfortunately the market is so stagnant and didn't shows a sign for a progress until now which is unlike before year 2017 , during ber moths market growth rate gradually increasing.
*What your new predictions guys on this circumstances?
*Are you still assuming as well the market will bullish before year end?
Edit : 'cause in my opinion probably it will stay stagant until this year end base of this results nowadays . Correct me please.
The bearish market will continue till the end of this year as no major news is coming into the market. If ETF was approved we could have see bitcoin making another high but since it was not approved the market has to remain stagnant until another issues come up again. I believe that now provide us with another opportunity to invest and if you refused to buy now you might be left out of the next bull run. |
|
|
|
As of this moment when I tried to look at the performance of bitcoin in the market I found out that almost every crypto is on green. Does this manifest the start of a bullrun for bitcoin's value? Will this greens remain strong in the coming weeks or until the end of the year? Share me your thoughts on this!
It was in recovery faces and not really green. You should not invest because at the coinmarketcap bitcoin is showing green but you should invest because a breakout has happen. Many of us here lack knowledge on how the assets market work and that is why we lose money in investments. I believe that bullish trend will commence very soon but what is happening in the market currently is not a sign of bullish trend but ranging market. |
|
|
|
What do you think? Bitcoin will grow like last year until it reaches about $ 20,000? Or fall below $ 10,000?
We can not really say as this market has its own mind and we just need to follow the directions it go to in other to be able to make profits from it. Bitcoin, from January 2017 show signs of bull run and I think that is what makes it to be able to make such moves it makes last year but this year was a different boil game. From January till now bitcoin has not make any significant upwards movement reither we keep seeing dumping and strong bearish market. I believe that we are at the time when bitcoin is about to make little bullish run and we are going to have another bullish trend but to go as high as $10,000 or $20,000 is what I think might not happen. |
|
|
|
I feel trading at this moment is not right and waiting is better
You can trade bitcoin at any time and I think now is even the best time to invest. The price is at the accumulated cycle of the trading circle and during this time what a wise traders and professionals do is to buy bitcoin and hold for another two to three years before selling as by that time they are very sure of making good profits. Remember in trading you must take risks and during this time that you think that it is very risky to invest or trade are time that wise investors makes money. I agree. It's not the best time for trading BTC. But at the same time it seems to be nice for long-term investments. BTC doesn't seem to reach the bottom yet, it will go down a bit next month, but it will recover and go up after that, on my opinion. Anyway, it's hard to predict.
Yes, this is the right time for long-term investors to invest into cryptocurrencies as the price is extremely cheap now compared to were it was in December last year. We cannot not really said if bitcoin has not reach the bottom as we are not certain were the bottom is. Speculators do come up with different speculations and many different figure are coming out every days to said this is the bottom. The bottom is the point that the next bull will start from. |
|
|
|
We hope to be realized in 2019. It's very difficult to happen sooner. We'll keep waiting.
We would keep waiting and the longer we wait the more etf issue keep bring price down. I think we should forget about this ETF and focus on adoptions because blockchain technology can survive without sec. We don't need now to subject cryptocurrencies and blockchain technology under governments. The have seeing etf issues as a tools against bitcoin and altcoins market and that is why the keep using it to influence cryptocurrencies market prices. If we forget about it and put what needed to be put in place sec will approve without delay. |
|
|
|
|
Show Posts
