Watching Los Angeles Lakers vs Golden State Warriors is like watching a preview of the western conference finals. Golden State Warriors is still ahead in the standings before Los Angeles Lakers, but its still too early to say that either of this two teams will be in the conference finals but I hope this 2 will again meet.
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One amazing hit before Christmas.
~snip~
Congratulations!
Wow! Just in time for Christmas. I wonder how many rolls he made before hitting that prize. I am not as lucky as they are in terms of hitting big winnings like this one, I sure am enjoying every bet I make in Bitsler and the on-going contests and promotions. I wonder if Bitsler is cooking a surprise contest to kickoff the New Year.
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So the fight between Cris Cyborg and Amanda Nunes took almost a year in the making with Amanda Nunes taking a lot of time and giving an alibi about his supposed injury. Cris Cyborg also made an announcement that this might be her final with with UFC. Take note "final with with UFC" so does this means she might sign up with another promotions?
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To those with a lot of question about this "glorified sparring match", here's a nice article written a few hours ago https://www.thesun.co.uk/sport/boxing/8050614/mayweather-vs-nasukawa-time-tv-channel-rules-undercard/I thought this fight is called off according to Floyds Instagram account, but I guess the power of money is so irresistible to Floyd to let this one pass. If there's a media black out on this sparring fight and it's not going to be counted on each fighters record then this simply is nothing but for the money and not for the sport.
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Some are just trying hard to be a speculator and some are speculators who backs their forecast with technical analysis. If they just throw out a number like Bitcoin will reach $10,000 by 1st quarter of 2019 without saying something why it would reach that amount then its garbage. Its just something to increase their post count and get paid. However, everyone is entitled to their own opinion.
Just look at sports, when someone watch a boxing match like Mayweather vs Pacquaio, after the match everyone suddenly became a sports analyst and give their opinion on who should have won the fight. Same with Cryptocurrency, someone was able to register at Binance, made a couple of trades, then suddenly he started to predict the direction of where the price of Bitcoin will go.
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price of Ethereum is slowly going back to its previous price. If you look at price of ETH today, its back to its previous price 36 days ago. If price continus to go up and maintain its momentum, we might see ETH back at $200 by February or March 2019. Compare the number of ICO's being launched last year to this years number of ICO's there's a big difference.
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If price of BTC dropped to $2,300 in the next 48-72 hours I would buy some more if I have extra funds. Most likely someone just want's to dump BTC to scare people and sell their coins and whales will have a chance to buy at lower price, its manipulation. Just hodl what ever you have there and let those panic sellers sell their coins.
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John McAfee is just like other speculators out there who predicts the price of Bitcoin just like others. The only difference is John McAfee already have a name and this makes his prediction somewhat sounds credible to those who are new in crypto currencies. For John, if we hold on our coins and don't use it, don't expect Bitcoin to go mainstream.
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I read somewhere that Ethereum will fork by January 2019. If this continues and proceed as planned, most likely price of Ethereum will go up as holders anticipates born of another new version of Ethereum. hard fork will happen once Block 7,080,000 is reached. estimated date is between January 14 to 18 2019.
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Regardless of the markets condition, weather its bear or bull, always prepare for the worst. You always have to have a back up plan. There's a saying "if you fail to plan, you plan to fail". If Bitcoin goes down below $2,500 you need to have plan, do you sell all, or sell partial or just hold till market recovers. For me if Bitcoin goes below $2,500 I would buy some more and hodl.
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I don't know if you call it a gambling movie but one of the best that I watched is Bugsy by Warren Beatty and Annette Bening. It was released in 1991. Movie is about Bugsy Siegel and how the Flamingo Casino resort started. It also shows gangsters like Lucky Luciano and Mayer Lansky. Movie portrays how casinos in Las Vegas started.
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Think about this, last December 9 price of BTC is $3,543 if you bought at that price and you Sell because you think price will continue to go down when BTC hits $3,222.67 last December 15, you lost 9% of your capital, but since you hodl and till now you are not selling any of your coins, you gained 14% from profits from your initial of $3,543.
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Learn from those who adapted Bitcoins early, if they don't hodl on their Bitcoins and they panicked and sold when price was still below $100, they could be among those who are kicking themselves why they sold or didnt buy when Bitcoin was still below $100. Those who holdl learned, those who panic and sold cry later.
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10) If your finger is stuck somewhere, in real life you must think to get your finger out of there , but in trading if your finger(trade) is stuck then you must cut it and get out of that trade, because in trading finger(capital) grows back ( this i learnt by watching psychology videos )
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There are times you get stuck on a trade and you feel hopeless that the coin that you bought will go nowhere and you'r option is just to cut loss and move on. However, there are times that all coins are on a down trend including the coin that you bought, so moving to another investment is not a good idea too, so you hold on to your coins or cut loss and look for another opportunity. But remember, never put your eggs in one basket, this way even if one of your investments is on a down trend, you can still recover the loss from another investment.
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Price of Ethereum also has grown from December 15 to December 20 by 32%. I always think that the price of Ethereum goes with the price of Bitcoin. The price growth of BTC and ETH is almost the same. It's still good to buy ETH at this time, remember that it reached almost $1,000 USD last year.
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last week Bitcoin was down at 3275$ and this past few days it range from 3400$ plus and now according to the coinmarketcap it was now 4030$ which is as you can see it is little by little increasing its value. So the decision is still in your hands, due to whether bullish or bearish we can stop trade anytime we like.
That's right, timing is important nowadays that we are in a bearish market. You could have gained 23% profits if you bought at 3275$ and sell at 4030$. But if you just sit there and wait for the bull to run, you won't get any piece of that profits. You have to take a risk sometimes to earn, you can't always play safe.
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Certainly you still can get wealthy through Bitcoin. You just need to know when is the right time to buy and right time to sell. Imagine if you invested $10,000 USD last December 15, that money could have grown by 32% by now because of the price of Bitcoin climbed from $3,100 to $4,100.
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Hodling they say is a sure and safe way to increase Bitcoin, but it comes wit a risk, if you bought Bitcoin last December 2017 and hodl, you are at negative 77% loss by now. But if you trade from January to November and made profits every month, you could have recovered and gained profits by now.
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This week alone, price of Bitcoin climbed from $3,125 USD to $4,100 USD, thats around 32% profit if you bought at $3,125 USD. However, the price of Bitcoin slowed a little and stay at $4,050 USD.is the bull going to run this month? I'm Ok if it won't as long as the price of Bitcoin continue to climb even at slow phase.
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