What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
I can't remember on how much I did started with trading. If I can remember, it all started with a "try" since I'm still doubting before bitcoin and cryptocurrencies and I don't have enough knowledge about it. I started to invest with a minimal amount that I can afford to lose and that is rounding about $20. I did invest it and got it through my savings and all I can say that it's all worth it. |
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For the sake of those people that doesn't know what's happening, there's a correction that is occurring right now. And the lowest that I've seen is $9,800 and now it's back on $10,000. There are rumors out there that tells on December we'll see bitcoin getting it's price at $12,000. But still everything is uncertain and no one can predict on what price bitcoin will be good at.
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Do you think we could see sub $1k prices at some point next year? I mean, is that even a possibility?
Thanks
There is a possibility, so from 100% that can be 0.001%. Whenever bitcoin price falls a little, some people starts to talk about crash, die and similar things.
Haha so true, people are seeing bitcoin is dying when it is on correction and when it is pumping they are supporting it with their mouthful words. If it is not bitcoin is gonna die, bitcoin will be 3 digits, 2 digits or 1 digit. I don't understand why people are asking such questions like this if they know the answer.  |
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As I said before Bitcoin is due for a correction. The price history showed us that that bitcoin doesn't just go UP, instead it makes strong rallies then suffers a correction which is completely normal. Bulls needs to rest before taking the price to another level and also bears must be fed from time to time.  True, normally when the bitcoin is increasing like there's no tomorrow you had to be attentive to it's charts. What I do is sometimes even when I'm sleepy I don't want to miss any single peak on it, I learned from my past mistakes. And so the correction has happened for the quick increase of what made bitcoin did but after this correction expect that it will pass what peak we've seen, yes it will pass $11,000. |
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1 btc in a month was doable last year. With btc's price today its not that easy. Unless if you have lots of stored btc to trade with.
It's doable last year and for the rest of past years but now the hardship is real. I don't aim more to earn 1 bitcoin a month, I'm good even with 0.05 BTC monthly. I don't want to push myself working all day long, I had a life to live and that's why it all depends on your lifestyle or your goal to become rich. You can still earn 1 BTC-2 BTC if you wish of doing so but you need to exert more effort. |
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Economic is developing with fast speed, it make physical payment such as coin, money paper are losing its strength. I think it will be offline currency in next 10 years
If they can invent a solution on how we are going to use bitcoin like offline currency. I'm only thinking that it's possible when all coins are mined since transactions needed to be confirmed so there's a need for internet access for a transaction to get confirmed. And that's why bitcoin being an offline currency now is impossible to see, there's a need for dev cores to do something about it. |
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I took few seconds to have some look at coinmarketcap and with preev, comparing their prices aren't identical. What's next?
Operation Dragonslayer.
Bitcoin Core will be taken down by the superior real Bitcoin (cash).
Okay guys we're done kwukduck is on the house. Every time he's appearing don't sell your bitcoins, there will be another ATH very soon as there is something that's magically unexplainable resulting bitcoin's price into opposite reaction with his words. I guess it will be $12,000 or $15,000. 12,000 confirmed. $11,000 now confirmed. See guys when kwuckduck is appearing on speculations board the price is surging. And if he will keep on talking like that in no time we might see bitcoin $100,000. $12,000 is very close now so we just have to keep on holding our bitcoins. Many holders are happy on this upcoming Christmas and New year. |
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Are you worried with the current pace of the rise in pricing of Bitcoin? Is it too fast? Are we expecting a dormant Q1 of next year? Any speculation? Share your thoughts below.
Let's just accept it on what's going on with bitcoin now. Isn't it great that the price went up too quick? $11,000 is real and probably speculations on national television is helping to get more investors and this is why the price seems to keep on fluctuating in a positive way. I can say that it is really fast but what we can do is just ride on it and keep on holding what we've got, it's better to stick with long term plans. |
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One of the reasons for high bitcoin prices is the high demand of users. Bitcoin is developing, many people know it and use it. When bitcoins increase, people invest in it to make a profit.
This is the only reason why the price is so high, it will not be too high if there will be no demand. If the demand is low, there will be no reaction to the price of bitcoin. And the news are also affecting the price of it, when experts are being interviewed and give a positive feedback to bitcoin. Viewers are going to have a peace of mind that it's fine to buy bitcoin and that makes everyone to keep on buying. yes besides that, people now know that bitcoin is really worth and the price will increase in the future and the highest price now it is just beginning. in future, maybe we can see the other highest price again. while people realize that bitcoin is precious, they want to buy bitcoin whatever the price and they will hold it for a longer time. It is precious to everyone's eyes now and while it is still too early, they are chasing to buy early now that makes the price of bitcoin higher. Those high speculations from the experts are really helping to make the price of bitcoin higher. And this makes the people who are into bitcoin to have a very nice future, so if I were you don't panic, stay calm and relax while watching the price rise. |
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Don't trade if you don't have the guts of taking up the risk better stay at holding out your coins. Before I'm afraid of doing some trades but now I'm into holding my bitcoins and also at the same time I'm do day trading. It's enjoyable and fun in my side because I'm learning with new methods of reading the market and this is really an effective way of growing myself.
That's right! Don't trade if you don't want to take the risk of losing your coins. For me, I like trading because I like the adrenaline rush when trading and it makes me not be bored by facing the computer all day. Even if I am losing at times, I know that I am learning which can help me in deciding for my future trades. Only those who take up the challenge to aim higher would be able to trade. I am holding some coins too because I don't want to worry when I am on the losing side because I still have some coins intact in case the trade would be a bad one. Too many people complaining about the risk. In real world, when it comes to investments like stock market, businesses and other profitable activities where you had to put money there is a risk. But if you keep on falling, you just have to quit. And what's good about crypto's or to be specific with bitcoin, when you aren't too good in trading of alt coins or by being a day trader, you can just simply stay as a holder. |
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Unless the Internet is disappeared or all countries in the world ban Bitcoin. There is no risk when hodling it.
This. Never stop hodling! There's no risk in holding bitcoin and true that we shouldn't stop holding bitcoin. This is the most effective way of making an investment in these days. There's no way to gain this quick but only by investing to bitcoin. Thinking that earlier this year the price is $1,000 and now hello ten thousands bucks!! That increase is a real deal and this is why risk in holding bitcoin is the best risk to take. |
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I have became a full member here and now i want to earn something as well...i wanted to join bounty campaigns but there are hundreds of them..i know some can make me earn close to 1000USD while in some i may earn only 3-5USD only in months totally wasting my time.
So how can i decide which bounty campaign should i join to get something worthy
You want to earn $1,000 per month? Get a job mate and you are wearing a signature already. I don't have time to check if you are already enrolled to that trade.io signature campaign. You are the one to decide on what campaign you can join, just like an investor you had to do your own research on the campaign that you'll join. Rates aren't the same, it all depends on the stakes if you'll join bounty campaigns. |
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This is so far the best wallet that I have tried for storing my ethers and erc20 tokens. It is safe but you still need to have caution because it is still vulnerable to hackers
It is the best wallet for ERC20 tokens. And if you want to be secured, just don't click random links that aren't familiar to you. That's the reason why the users are being hacked when they are fooled by MEW phishing links and the management of MEW are aware about that. They are warning users on the top of their website that we should follow it or just simply be careful on what you do. |
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One of the reasons for high bitcoin prices is the high demand of users. Bitcoin is developing, many people know it and use it. When bitcoins increase, people invest in it to make a profit.
This is the only reason why the price is so high, it will not be too high if there will be no demand. If the demand is low, there will be no reaction to the price of bitcoin. And the news are also affecting the price of it, when experts are being interviewed and give a positive feedback to bitcoin. Viewers are going to have a peace of mind that it's fine to buy bitcoin and that makes everyone to keep on buying. |
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I can't understand one thing: is it really good for cryptomarket or no? On one hand there will be a lot of info in media that btc price is 10k$. But when the correction will be? We can see only growing trend. So keep watching...
Don't be disturbed nor wondered if it is really good for crypto market. When bitcoin is increasing it's good for the crypto market, the alts will be down and it will be a good time to buy alts and the same thing will show when alts are going to be good again, bitcoin will be dropping for awhile during alts rise. No one knows when will be the next correction so just stay tune. |
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The price is so high, it just has to go down for a little bit to consolidate.
It simply cannot constantly grow
That's why there are corrections and that is making bitcoin to be stable because of those drops. Even you want to say that it has to go down if the demand is high and there are big names getting in to bitcoin, you can't do something about it. This is why the price is getting higher and higher it's because it's popularity is growing too and the reaction of community is very positive. |
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Now that Bitcoin has reached $10,000 and looks to go further, do you think there are any other coins that have the potential in the future to reach similar prices?
Only those coins that are on the top 10-20 are the ones that can potentially reach on the same value on bitcoin has now. Hate to say it that bitcoin cash is one of the contender. Since it's near to the top with ETH and with Ethereum it has smart contracts and if this will be continuous there is a chance that we might see ETH = $10,000 and bitcoin will be $100,000+. |
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that is why i never do trading because it is very risky you are not sure if you will get profit or all you get is nothing..that is why i just hold my coins as long as i can but maybe soon i will go trading but i will make it sure it is profitable
Don't trade if you don't have the guts of taking up the risk better stay at holding out your coins. Before I'm afraid of doing some trades but now I'm into holding my bitcoins and also at the same time I'm do day trading. It's enjoyable and fun in my side because I'm learning with new methods of reading the market and this is really an effective way of growing myself. |
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I feel bad for OP, he sold all of his bitcoins for altcoins, he is now messing up and blaming himself I guess for witnessing bitcoin at $10,000. This is what I'm telling that if you want to invest in alts you should secure yourself and still have some bitcoin on your portfolio. That is not a wise thing that you will sell all of it and now you are messed with a bad decision, think many times before doing like this.
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I just watched that interview and he seem to be determined on saying that. There's nothing to lose if I'm going to believe what he says, I'm even believing McAfee for saying that bitcoin will reach $500,000 so $40,000 isn't that much and not too far from the current price. I think it is still cheap.
Wow, you must be a rich guy. I find that price to be very expensive. |
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