What I understand from your post is you already earn a good profit from your btc and you want to sell it but you are worried in case the price will continue to grow.
Here is my little advise for you, if your investment is for long time then it's better that you will set a target price when you are going to sell your holdings in order to have a clearer goal. But make sure that your target price is within the range of possible price before hitting the peak of price. For ex. you can set it to sell in 16k$.
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The dominance is kinda bad to other crypto currencies but it only shows also how powerful the king of crypto currencies is. Bitcoin is showing a positive output by dominating the other currencies while continuing to skyrocket it's price.
Holder of bitcoin will surely love this great news especially in the following months as it will surely continue to move upward.
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Then it's best that you will only remain silent about your holdings especially if you are holding a huge amount of bitcoins so you will not be targeted easily by hackers or you will not be their main attraction for their future attacks.
Money is very attractive therefore it's best that you will hide your holding as much as you want in order to preserve your privacy and also it's best that you will create an extra layer of security so the hackers will have difficulties in stealing your hard earned money.
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Of course in crypto world, freelancers have plenty of opportunities that they can obtain as they can easily render their service and being paid easily via crypto currencies. Unlike before that there are very few options that you can use in order to receive your payment from your work especially if your client is from other countries.
But today even if your client is from around the world, you can just ask the payment via crypto currencies and it will arrive in just a minutes.
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Anonymity is a double edge sword, most of us who really loves bitcoin or crypto currencies really likes anonymity as we can do almost all the things that we like without being monitored by someone or by the government.
In this case, we can enjoy the use of crypto currencies to it's fullest without worrying. But in the other hand, anonymity is also an advantage to all shady transactions especially those illegal doings which is not good also.
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The idea is great but not all the governments are in favor of bitcoin or crypto currencies so other people might find it difficult especially if they are in strict country that prohibit the use of crypto currencies.
But for those country that freely accepts crypto currencies especially bitcoin then this might be the greatest idea that will bring the digital payment into another level.
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Your experience is normal and what you need to do in order to avoid those kinds of projects is to stay away from them by digging useful information's about the project before joining it.
But I wonder if you are posting this thread out of your idea to quit in joining any bounty campaign or you are only promoting SONDER project. But whatever your reason is, just make sure that you are doing it correctly without misleading newbies in the forum.
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We have freedom on what we would like to do with our investments or money, so if satoshi will decide to sell all his/her coins right now then it's up to him/her.
I wouldn't mind at all, but if in case it can change the movement of the price like the price will drop to it's lowest because of this reason then there is a big chance that many will blame satoshi of his/her actions.
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I am not sure how the Indian government will be able to trace that you or any individual are still holding coins. Many will stay away for sure and sell their coins or crypto currency especially if they like to avoid any problems in the future and worse being jailed.
But the question here, is whether the Indian government have jailed already some individuals because of this reason? If not, I guess they will have difficulties in tracing those individuals who are still holding coins.
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Hitting 15k$ will be the obstacle of bitcoin this time before it's price will start to decrease again. But it's very difficult to say when we can hit the 15k$ bitcoin price.
September is a good month to hit this price and it's price will decrease a little then it will continue to rise again. And by the end of this year, hitting 25k$ is my prediction of bitcoin price.
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There are many obstacles that bitcoin will face first before having it's true value like government acceptance. If 50% of the governments will banned it then it's value will only remain to 50% out of it's 100% value as the demand is only 50%.
If there are many buyers then it's price will increase and the same with it's opposite, so in my case only the government has the power to dictate the price of bitcoin.
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The chance is very high that the bitcoin price will keep on increasing in this month, a little decrease will be there also as it is how the market works.
It's pretty difficult in predicting the bitcoin price because of it's volatility so it's safe that you are going to hold your investment for a long term and you can buy some additional right now as the price is not that high. There is a big possibility that we can hit 25k$ by the end of this year.
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Nice source of information, we can really grab some information from them and use it to our advantage but we should not rely from them only. In my case, I also use my instinct and decide the best action after grabbing some useful information.
As the information from them are not 100% accurate and there are some of them are bias also like they are paid in order to published that information, so it's better to become wise to avoid any problem later.
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Determining the peak price of bitcoin is very difficult and only few investors can really predict it's peak price and not everyone. I am also interested in determining how we can say that it is the peak price of bitcoin so we can start to dump our investment and gain a good amount of profit.
In my case, what I am basing is the dump instead of pump. If the market is starting to dump their investment consecutively then I can say that the peak is this price but it's still very complicated in order to determine correctly the peak price of bitcoin and other crypto currencies.
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Yes, a little misunderstanding will surely give a different meaning. Though you cannot blame someone that are spreading the fud as they have also an objectives, either they were being paid by someone to spread the fud in order to collapse the price of bitcoin so they can buy it in very low prices.
That is one of the disadvantages of bitcoin because illegal transactions can be done easily, so this is what US government are afraid of that is why they are declaring war against it.
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The crypto market is very volatile and it is very difficult to predict the price increase and also the price decrease in every currencies especially in bitcoin.
Though 800$ crash in just a minutes is only normal on how the crypto market works, so it's better that we can adapt it's volatility and make it our advantage in order to gain some profit instead of worrying too much.
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If even 75% of the governments will accept bitcoin then we can really say that bitcoin is the future but it will surely take a while to obtain this stage as there are still advantages and disadvantages of bitcoin that every government will be going to consider before accepting it.
So let's just hope that in 20 years from now, at least 50% of the governments will start legalizing bitcoin.
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In every action there is always a motive, so we cannot really blame anyone even if they are doing some things that can hurt the side of crypto currency especially bitcoin.
As what I saw, it is somehow a strategic moves in order to decrease the price of bitcoin and for the Morgan's to buy more in a cheaper prices. This how the market moves, if you have bought your investment in lower price and you can sell it in high prices then you win.
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First is it's benefits, second is it's legitimacy, third is that I can make sure that I can gain a good amount of profit upon investing to any coin.
Profit is the top reason why most of the investors wants to invest in any legitimate project out there but the main problem of most of us is the good source of information that we can really trust. Because there are plenty of news out there but most them are being bought or bias, it's like 90% of the news are like this and only 10% of the news out there are authentic.
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I haven't use any bot trading platform so far as I don't like the idea of using it even if there are good benefits that it can bring to all the traders.
Bots are created by human who are expert and professional in trading but the disadvantage of using it is that you will not be able to learn how to trade manually and you will not be able to learn something from it which is not a good idea for me. Learning from your mistake is what makes us more stronger and a good decision maker in the future.
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