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i think bitcoin market is very large than we can know because we only know the bigger market and we don't have a time to make a list from all of the market. I am sure that in out there, still many small market which trading bitcoin pair fiat or altcoin or there are any local exchanges in out there. but once bitcoin is become larger than now, I am sure that there will be more market available especially in every country that want to create their own market to serve their people.
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if there is any chaos happen, bitcoin price will be increase too high because the economy and the financial for every country will be disturbed and the one currency which is only used in internet will be applying in real life. i think if its happen, then bitcoin will gets stable because every country is using bitcoin and people don't want to see the bitcoin is too volatile because in that time, bitcoin become one single currency that is using by all country. and in that time, I think bitcoin is the only currency that will work for the economy and maybe bitcoin will change the economy and financial for every country to be one united currency.
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which economy is collapse? is it in one country or globally? because if its only for one country then that channels might be say true but for globally, I don't think so. there are more than just chaos that will be happen in every country that can make the economy is collapse and there are more reason to know that the economy for one country is getting collapse. maybe the channels is only want to make people become panic and start to make a little chaos so people will thinking that the global economy is getting collapse. |
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actually if we do trading in daily, we already know when the time is right to buying and selling but sometimes we are not sure how much the profit we want to take and how much price we want to buy. I think its about how we can control our emotions so we can know the moment for buying or selling and we don't have to confuse to determine. but I think for the new people, they are sometimes confuse when they should buy or sell and my suggestion is when you see the price is at high price, don't worry to sell that time even if the price is still increase because in other time, the price will go lower than the price you bought so you can buy it again.
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I do not think that it will really reach a stable currency. Because being as the number one digital currencty or cryptocurrency, it has the characteristics of a fiat currenct making it volatile as it is being traded worldwide.
In forex, the prices of each currency very often even by minute by minute. This is because of the price and demand, economy, country relationship, and many more external factors. And it is comparable with Bitcoin as it is traded also in different countries.
I think it will not happen in one or two years later because bitcoin is not yet reach all of the people from all the country and beside that, bitcoin itself is in a grey side. so we can see bitcoin price still volatile until next year and probably we can see it again until two year later. from day by day, there is many people which is trade bitcoin pair fiat and this is why the price is volatile and we can see if there is bad and good news is out, the price is suddenly increase and decrease too much. |
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i think he is now feeling the pressure from bitcoin because he know bitcoin in the past with the benefit and how it works so he might be afraid like other people said. I think soon paypal will integrate their system with the blockchain after they learned bitcoin and they are capable to use bitcoin with their system. with bitcoin inside them, I think paypal will become more bigger than yesterday and they can gives their support for bitcoin community too.
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The best option is to invest in ethereum because you can still convert it to bitcoin and as such you still get a profit from both double altcoin.
invest in ethereum and bitcoin is the best investment right now and if we have for example $1000 then we can split half for bitcoin and the other for ethereum. but it is difficult if finally you decide to use the bitcoin and ethereum to daily trading because you might get reduce the amount if you get loss. but at least you have a chance to increase the amount of both so if you have profit then surely the amount will become bigger than before. |
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actually if we can analyze the coins movement, its easy to do trading bitcoin/altcoin and earn monthly but we can not always know what coin will be down and up. the market can not moves like what we want and we should determine by watching the market itself so we know what coins has to be good coins to get profit. but I realize that its too difficult to know which coin, we need to always search and sometimes what we calculate is not right and we are only get stuck in one price.
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of course to make money for a long term but if I can sell it in short time and I can make big profit then I will sell it. but the most reason is because I want to trying to be bagholder from the tokens. I know its difficult and tempting especially if the price is suddenly gets increase in the market but I am trying so hard. at least if I want to sell, I am selling in small amount to take profit and I still keep the rest of the tokens. its good to be investor in the ICO but we need to know the details of each ico so we don't get trap in the market.
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I just do nothing.
Just HODL it and wait for the drama to get over. This is the best way not to lose your money.
Sure there's a lot of trolling and fuds that will happen so don't get easily swayed.
Thats a sure thing brother. What happened last August will happen again this time like many are anticipating that. So better not to panic, stay calm and just hold your coins. There's also another airdrop that will happen, there will be a bitcoin gold thing that will came from the hardfork so if you want to receive some better not to sell your bitcoin now and accumulate more. yes I am still holding it until now but I am not sure about this because there is many new people which around in bitcoin and they buy bitcoin at the price now. I am afraid that new people will be panic when they see the fork is coming and preparing to sell their bitcoin and if its happen then bitcoin price will be down again. but still I have optimistic that for people which join before September and they are learn many things about bitcoin, they don't have to be panic. |
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I confirm receive the payment. thank you JAVVY and sir aTriz. |
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finally we can see that Chinese government itself said that it is impossible to ban bitcoin and I think they want to come back with bitcoin and its good for crypto currency in future. this will bring new hope for their people to still using crypto currency and they don't have afraid because of the banning from their government. I think Chinese government is trying to open their mind and accepting crypto currency that will bring new opportunity for their people economic.
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
its risk especially if you buy bitcoin at high price like today because you'll never know when the price is up and down and if the price is down too much than the price you bought then it means you lose some of your money. and if you turn all your money in bitcoin, how you can buy something without money? I think its better you still have your money just in case if you want to buy something in your real life or maybe you can buy bitcoin again when the price is down. |
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Do you think China issue has halted the pace of bitcoin reaching new record high?? How much time do you think required for bitcoin to forget China issue and pick-up the pace to touch new levels???
I think the negative news from China is contributing to the drop in Bitcoin price. But I think it was due for a correction anyway. Something usually triggers a correction and I think several things did this time including the quick rise over a short period of time and the issues in China. This price drop is just temporary and could last a few months or more before the price starts to rise to new highs. Some of the weaker investors are shaken out when the price drops like this and others take profits. Traders and more experienced investors will buy on the dip to get cheaper coins. Maybe it is a correction to the price, because the negative news that china had brought surely subsides now or it may be a resistance with the value that is why it does a dip again and I think it will still increase until the Hard Fork occur so be sure to buy bitcoin before that happens and hodl for that coins because it is really sure that we can get free Altcoins when the Hard Fork is over. yes I look this as correction the price and maybe we can see the price will often to up and down in next week because we are less than one month from November which is many of people say that in November, the fork will come again. and china has prevent the price to not going to increase more than $45xx because in September we are not reaching $45xx. but I have feeling that after the fork, the price will be increase. so if you want to buy bitcoin, I think you can do right now or you can wait for another down so you can get bitcoin with cheap price. |
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thanks for the advices.
In fact, I don't have only LTC and BT
I've also some ETH, LSK, XRP, OMG, ARK & ARDR
But, LTC represents 35% of my portfolio and BTC 19%
That's why I was wondering if I did not have too much LTC
in my opinion, if you invest in ltc, it means you are go with long term and should not worried about the price. if you know before ltc has increase, its only 0.003xxx btc equal $6.xxx and now the price reach 0.01xxx btc equal $50.xxx and it need long time before its reach $50. for short term litecoin doesn't give any good price but I think ltc is stable and its in top ten in the coinmarketcap.com. the other coins you have is good choice and you might thinking to add more eth and xrp for a long term investment too like ltc. for lsk, omg, ark and ardr, I think you can go for daily or weekly or monthly. |
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I read somewhere that someone suggested that Bitcoin should have less volatility if it wants to be part of the mainstream financial system or be adopted by a greater part of the global population. The logic is that if there is too much volatility, the would be less demand for Bitcoin.
Volatility has been identified as one of the most important barriers to its global adoption (though right now there is no question that Bitcoin is getting popular every day!) especially on the side of the merchants or business entities.
Now, we know that volatility can be minimized once more and more Bitcoin holders would be looking at Bitcoin more as a currency than a commodity but right now this is not yet happening because as the value of Bitcoin is rising we all become speculators.
Is volatility a thing we have to accept as a normal thing as far as Bitcoin is concerned?
yes, if bitcoin wants to be part of financial system, less volatility is needed. maybe someday if bitcoin is known by all country and almost all people is using bitcoin, the volatility will be too often and bitcoin can enter to the financial system as a new currency. right now, volatility is the main problem for bitcoin but I think it is good because as long as there is any different for buying price and selling price, we can take profit and right now, I think its no problem if bitcoin can not accepting as currency because we can use bitcoin to in online. |
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It will definitely increase but can't reach $10000...
I agree with you since it is too soon for bitcoin to ever reach that. Probably by the end of this year, bitcoin will only reach 5500$ at most and reach at least 4600$ but there is a chance that it wont and will stablize to it's current price. $10,000 price IMO will be seen after the next having that will happen in 2020 and the said price will be seen after some time maybe on 2021. I don't see it making $8000 this year, so I doubt $1000 would happened. Of course it would but I speculate that we can touch it next year. There is the Segwit though, but for sure it will somewhat pull the market price in the beginning before getting to $5000. Currently there is a pullback once more. And its tough getting to $5000 range. But we will see, I think the Segwit2x will bring another price increase, but we need to see first a price correction before consolidating and see a bullish market to really push the price to $5000. But I doubt $10000 is achievable for this year. i am afraid that the correction price is down too far because there is many people will be in panic situation when they see the price are fast going down. we can not know how much the price will be down but don't forget today many new comer which only buy bitcoin without reading more about bitcoin and once they see the price make correction, they just panic. I am sure that by segwit2x, it will bring some new level for bitcoin and of course, the price will be reach new high price and maybe we can touch down $5000. |
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I wanna try trading but I don't know what coin to buy so that I could start with my trading. Can anybody help me and give me information on which tokens to invest in. Thank you.
Check out the volume, bro... you won't want bagging a bunch of altcoins that soon nobody would buy. Anyway, here are my bets - Ethereum, Ethereum Classic, Ripple, Litecoin, and Bitcoin Cash (yeah, haters gonna hate) ha ha ha. Another advice - don't settle to just one exchange, explore all of those websites. I trade in Poloniex, Bitfinex, Bittrex (not the milk), and Cryptopia. Good luck to you. I have the same coins like you and I still holding till now. but I think he will have much option if he try to trade in bittrex because in bittrex, he can found many potential coins like dope, xwc, xst and else which is in low price at the moment. these coin can increase too like other coins and if I see in their history, I see they have a good point in their movement and its only waiting for increase again. but I hope he can analyze more to see if its a good chance to buy or not. |
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trading is the activity we are doing to buy and sell in the market, we buy some coins at low price and we sell it at high price.
investing is something we are buy and hold for some period like one month, three month or even a year.
but sometimes if we are get stuck in trading for example we are buy at low price but somehow the price is going down too far and if we sell the coin, we are only get loss then what we need to do is hold and its like investing for some period. we are selling again when the price is back increase.
but in investing bitcoin, no matter how much the price, we still holding for a long period maybe a year or two year.
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Just now... China has declared a halt to Bitcoins exchange and operations by October... The price of Bitcoins has partially drop due to the news... However, if we can equal the population of Bitcoins user in China and invite a lot of investors... I think Bitcoin will still survive.... Hope so....
I am sure that bitcoin will still survive no matter if there is any bad news is happen in out there. the last time that china wants to close all exchanges, it makes the price is down but not too long, the price is back normal and now it reach more than $4xxx. I think people become smart and become not to be panic when one or more bad news is out and this is good because people now is realize that bitcoin is getting stronger. I think china wants to make people panic once more but I hope that the news is not true and people is not affect because of that news and still calm and bitcoin price will reach more higher. |
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