Some month ago so many people would think Bitcoin will crash , many felt as if the price will even fall more than it use to be. People were even scared to trade because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning
You are right, BTC was able to show once again right now that it can surprise its holders. Of course, it is very difficult to be a holder of BTC and see its price go down very sharply, this is what makes many BTC holders sell. But as we've already seen, only real BTC holders can wait and win in the end. I believe that if you decide to invest in BTC, then you need to go all the way and wait until the BTC price reaches its peak, and only in this way you can get the maximum profit.
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How long do I know large companies that buy BTC report to the SEC, in any case there was such information. I think they are doing this for a reason, but most likely the regulation is already taking place. But in this case, it is for large companies that can be one with the system. But this law can lure ordinary BTC holders out of the shadows and, as it were, push them to sell their coins. In this case, it may look like a way to take Bitcoin away from ordinary investors in favor of large companies or even the system itself.
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Reporting Week Number #16 : Monday, 26th July, 2021 to Sunday, 01st August, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Twitter Username: @VEN7NET Twitter Profile Link: https://twitter.com/VEN7NETTwitter Followers: 3329 Tweet Links: 1- https://twitter.com/VEN7NET/status/14197156646846627862- https://twitter.com/VEN7NET/status/14200963946401669153- https://twitter.com/VEN7NET/status/14204512286691696644- https://twitter.com/VEN7NET/status/14208210676569907225- https://twitter.com/VEN7NET/status/1421174053050662913Retweet Links: 1- https://twitter.com/VEN7NET/status/14196517012844216332- https://twitter.com/VEN7NET/status/14199290382824980583- https://twitter.com/VEN7NET/status/14203789040160645164- https://twitter.com/VEN7NET/status/14207179969438146565- https://twitter.com/VEN7NET/status/1421095901460840451Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #16 : Monday, 26th July, 2021 to Sunday, 01st August, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Facebook Username: VladimirPechyoniy Facebook Profile Link: https://www.facebook.com/VladimirPechyoniyFacebook Friends: 5000 Post Links: 1- https://www.facebook.com/VladimirPechyoniy/posts/41747195526057982- https://www.facebook.com/VladimirPechyoniy/posts/41777657823011753- https://www.facebook.com/VladimirPechyoniy/posts/41805947353516134- https://www.facebook.com/VladimirPechyoniy/posts/41835687517208785- https://www.facebook.com/VladimirPechyoniy/posts/4186407541436999Shared Post Links: 1- https://www.facebook.com/VladimirPechyoniy/posts/41740939726683562- https://www.facebook.com/VladimirPechyoniy/posts/41763208357790033- https://www.facebook.com/VladimirPechyoniy/posts/41799354854175384- https://www.facebook.com/VladimirPechyoniy/posts/41826131284831075- https://www.facebook.com/VladimirPechyoniy/posts/4185668094844277Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #16 : Monday, 26th July, 2021 to Sunday, 01st August, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Reddit Profile Link: https://www.reddit.com/user/venbusinessNumber of Karma: 6463 5 Reddit Post Links: 1- https://www.reddit.com/r/ico/comments/os40gl/mocktailswap_finance_has_its_own_mok_token_which/2- https://www.reddit.com/r/CryptocurrencyICO/comments/osszvl/another_important_factor_in_the_success_of_the/3- https://www.reddit.com/r/blockchainio/comments/otfxw8/as_for_the_functionality_of_the_mocktailswap/4- https://www.reddit.com/r/BountyICO/comments/ou3vui/one_of_the_important_differences_between_the_nft/5- https://www.reddit.com/r/CryptoKami/comments/ouq5vb/the_mocktail_finance_platform_was_designed_to/Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53
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I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.
I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.
I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.
What's your plan?
Yes, I also heard that at the end of 2021 there is a high probability of seeing a new stronger rise in cryptocurrency prices. As for my plans, I am also now accumulating cryptocurrencies in order to fix profits at the end of the year. But putting all your eggs in one basket is a risk, but if this basket is with BTC, then it is probably worth it, because if there really is a crazy price increase at the end of 2021, then everyone who holds BTC will be able to get super big profits.
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You know right now the market is trying to recover. this can be seen from the price of bitcoin which rose to 38k, followed by ethereum, bnb and other large altcoins which experienced a significant increase today. once again bitcoin tries to break the resistance, after several failed attempts. here's another chance to break the 40k price tag. so does ethereum, last week ETH fell below 2k. but the situation did not last long and the price shot up to its current price. if the situation is favorable whether the market will start another rally.
There is information that the second stage of growth has probably already begun, but one should not think that prices for cryptocurrencies will recover very quickly. It is believed that by the end of 2021 we will see a new flight to the moon, which will allow cryptocurrency prices to show new ATHs. if you can wait then wait and I hope we all have great profits.
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Many now would like the price of BTC to fall below $ 20,000, but for this to happen, there must be appropriate grounds for this. As we could already see, the BTC price has already dropped and it amounted to $ 28,000 - $ 29,000 per 1 BTC. Along with this, I saw information that this was the fall that forced many BTC holders to sell their BTC, after the price increase reached $ 41,000 for 1 BTC. As we can see, there is now no relevant news for the BTC price to go down, but positive news continues to come, which probably indicates a further rise in the BTC price. From this it may follow that the price of BTC is unlikely to reach $ 20,000 now, since by the end of 2021 we will observe another phase of price growth.
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It's easy to enter with good entry point but the challanging thing is taking profit before a retracement and most of the times this retracement could be a beginning of a new trend changing a winning trade to loss. And in situations where the trader fails to apply stop loss there could be chances of blowing off ones account. A profit taken is better than a loss made no matter how small accumulation of smalls makes a mighty bulk.
Have you considered taking profits of $1-3$ repeatedly throughout a trading session it might sound small for professional traders but it would go along way in growing an account most especially for beginners. If a trader cultivate the habbit of taking profit during trading he would have an upper hand over the market and also get clearer pictures of better entry points and also be on alert on when to exit especially during retracement.
You know, I also learned to trade cryptocurrency, I tried to fix profits as often as possible in order to understand how the trading system works and to motivate myself for further trading. Yes, this is a small profit, but as for a beginner in trading, it is quite normal for itself, all the more it raises your mood and shows you that all your actions are correct and you have a profit. But after such a run-in, you can raise rates, but here you need to remember about the risks, since the more profit you expect, the greater the risk of losing it.
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The emergence of blockchain technology has changed the development of global digital payment system business. With the impact of new cryptocurrency projects on banks and other financial institutions, many companies are forced to start making changes to their systems. In the traditional financial system, the regulator will monitor your operations in order to maintain the integrity of the system, and the process will incur large costs and may be full of fraud. But the blockchain system gains integrity by incentivizing the best interests of the system and allowing anyone to verify it. Blockchain and cryptocurrency are integrated into all walks of life to solve traditional solutions with safer and more efficient technologies. Although it is well known that it cannot replace cash, it may have the opportunity to replace or cooperate with traditional banking systems. Blockchain as an important innovation field of financial technology, can it replace the traditional banking system in the future? https://www.ibtimes.com/can-these-blockchain-solutions-replace-traditional-banking-system-3259844Blockchain technology itself is the best system for storing and transmitting data at the moment, but you should understand that if, for example, a banking system wants to use a blockchain, then it will develop its own blockchain. This is important, since some people think that banks will use, for example, the blockchain bitcoin or ethereum, but this is not the case. It is possible that the existing algorithms of other blockchains will be used in the banking blockchain, but in the end it will be its own blockchain and it will also be controlled by the banking system. This will probably also apply to the launch of their cryptocurrencies.
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I believe that it is important for the public and the entire crypto community to know information about the companies that bought and continue to buy BTC. This information to some extent shows that BTC is becoming more and more attractive to large companies, which means that the process of adopting BTC continues and shows success. It is also very good that information platforms are emerging that share information about such companies with us.
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There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin also overtake binance.
I believe that each coin has its own advantages and purposes. If, for example, BNB is a coin that already has a developed ecosystem and it is involved in many processes, and the same Litecoin does not have such an ecosystem, which means it cannot compete with BNB. And in general, I think that it makes no sense to compare BNB with LTC, since these are different coins with different purposes and even more so with different capabilities and directions.
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It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.
I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.
I agree with you. Indeed, very often you can find clear hints of changes in the crypto market. Personally, although I am not an expert in cryptocurrency trading, I also very often see news, after which either a decline or an increase in the crypto market begins. Of course, sometimes you want to believe that all this is manipulation, and so it is, but the market still always reacts to this news and manipulation. So we need to learn to think in accordance with the changing market situation and we cannot get away from this.
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I have been flabbergasted, really, since I got that Binance is pressing and squeezing its users for what now seems a compulsory verification exercise by reducing its daily withdrawal limit from 2BTC to 0.06BTC for non verified accounts. I don't know what to make of this headlong as this is obviously killing the anonymous thing Bitcoin and cryptocurrency should stand for. Did anyone else who hasn't upgraded verification beyond basic one get that message?
Will Binance lose client base now. Will BNB take the hit and crash while this is on? There are many speculations going on in my mind right now.
What do you think?
You're right, it's really bad when crypto exchange platforms like Binance start requiring KYC to trade large amounts of money. That is why, although I am registered on Binance, I do not use this exchange. As for the negative impact on BNB, then Binance insured itself and created the DEX platform. So the outflow of clients can be expected, but I think not a fall in the price of BNB. But in any case, the more restrictions CEX exchanges put, the more people will look for alternatives.
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Bitwage is a platform that converts wages into cryptocurrency. Bitwage founder Jonathan Chester said: “A lot of people now want to earn part or all of their wages through Bitcoin.” The company has made contributions in the United States, Europe, Latin America and Asia this year. 20,000 employees. Some users processed $30 million in salaries, including employees from Google, Facebook, General Electric, Philips, the United Nations, and the U.S. Navy. Many of these employees have signed up for this service themselves.
Chester stated that he converts 15% of his monthly salary into virtual currency, which is "a way to not worry about whether to buy or accumulate bitcoin or cryptocurrency at the right time."
Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose? If the boss pays in Bitcoin, would you want it? Or you continue to prefer to pay in fiat currency to facilitate the purchase of tokens you like. Do you think cryptocurrency payment will be a new trend in the future? In my life, I use fiat currency to buy goods and services, and in my region it is unlikely that in the near future they will accept BTC for payment, for example, in stores. However, to earn money, I chose a job where they already pay with cryptocurrency. I think that this type of salary is pretty good, because if you receive a salary, for example, in BTC, that is, it is unlikely to just keep BTC and end up getting even more money. Personally, I choose to receive my salary in cryptocurrency.
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I believe that this is 100% manipulation and it is already happening openly. As for Amazon, I think they will not tell the truth, because if it really turns out that they will use cryptocurrencies until the end of 2021, then now everyone will run to buy BTC, and their plans include the task of buying BTC themselves, but then, when there will be another round of growth in prices for cryptocurrencies, then there will be another news that it turns out that Amazon has started to use cryptocurrencies. So all this news is all pure manipulation. All that remains is to be more attentive and try not to fall for the tricks of the big players.
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I personally believe that there will be another btc bull run and alt run before 2021 ends. what you guys think about it?
btc to 80000 or 120000 USD
Yes, I also think so, but I can't predict the price of BTC, since it's really difficult to predict. The only thing I think is that if there is growth in 2021, it should be very large and fast, and the main thing here is to understand that there is no point in waiting for a peak in prices, because the big players will try to deceive everyone, so now the main thing is to prepare well and draw up a clear plan of action. , and when the time comes, you will need to act quickly and according to your plan.
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