I'm saying for them they are newbie in trading platform. Don't be greedy. You see it that coin is going to pump and pump and you Think you should buy this coin.. Firstly Don't do it. And at this time all coin is pump so do not do it.
When i was newbie, i did the same mistake so I'm suggest it all newbies. If, you are want to take profit from trading.
Learn about trading. Learn about take profit, stop loss and
Learn about fundamental analyst.
Easier to be said than to be done but yeah you shouldn't be greedy and that is the most important you need to do aside from learning the fundamentals of trading. You shouldn't be greedy when the price is soaring high, you must set your goal or target price to sell and so if the price is dump as well. If you keep waiting for more there's a chance that you might lose the opportunity you once had. And of course, you must learn the basic fundamentals because entering in trade without any knowledge is more like suicide. Don't be afraid to lose coz you can learn from it. One thing, learn to control your emotions as well, that will helps a lot on most occasions. |
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Another milestone for the hardcore hodlers.
Question.. how long would you be hodling? Rather what specific price range would you prefer before selling?
So, it seems that the 3-year new ATH is really becoming a trend now, after 3 consecutive post halving bullish predictions really happened.
Well, I guess the $30k mark might be the next strong resistance level.
will only sell when it's necessary. we may experience dump as some users who bought it at about 10k level may be tempted to sell their stash, giving them good amt of profit. if more institutional investors will keep on buying BTC, we will really see a good jump in price before the year ends. for sure, there are wealthy individuals who are also secretly stashing their own BTCs.  some were already losing hope that they will not see the ATH price this year. but here we come, just middle of this month and we already achieved a new ATH. Regardless of what we have been through this year 2020, this Bitcoin rally is one of the best things that happened (for me at least). We can now see that a lot of institutions and a large individual who are already been venturing into Bitcoin which makes its price skyrocket and I hope this adoption continues. As a matter of fact, even the prestigious person Elon Musk is now getting captivated by Bitcoin and you can see his post on Twitter. The rally we have way back in 2017 is more likely because of the FOMO but now the growth was firm and strong enough thereby I don't think that correction will be that fatal as we had before. |
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Hi recently my family affected with covid19 and also huge inflation in my country also job losses . Worried about couple of days after i started looking into alternative income . As always crypto assets became saviour for hard time .
Thanks to bitcointalk and its communtiy . I earned some crypto in past thats helped alot for me .
It is the time i found the real potential of crypto and its communtiy .
I think it is the one of the blessing in my life to get out of my struggles .
I'm glad to hear your story and I'm glad that the Bitcointalk community could help with your problem. Everyone seems though crypto was a savior and so does for me. As a matter of fact, because of crypto specifically Bitcoin I can manage to solve my financial problem was back then it even allow me and my family to experience a good life that is why I am very thankful for it. This could practically the reason why I enter this crypto world, to suffice my family and my necessities. Upon the financial problem brought by Covid, I can somehow manage it through the help of Crypto and I hope this would be the same for everone. |
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Is the Electrum wallet really one of the best recommendation for bitcoin newbie ?
Tell me what is the reason. Currently I am still using an android phone for daily need and browsing this bitcoin forum.
I would say that Electrum is one of the best wallets I've ever used, through the UI seems kinda old to me but the performance is superb. What I like about this wallet is it is open source and it has no hidden program just like other wallets have. But if you are into safety and you also do have some spare funds you could probably be taking a hardware wallet for better security. Electrum is not limited to your computer but also can be used through your mobile phone giving convenience to the user. However, you should not only stick to a single wallet you could also try to use other trusted wallets maybe that could suit your taste. |
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Based on my experience bounties these days are mostly scam and doesn't meet any of their goals or failed as a project, I am not totally saying that all them are same because there are still some pretty decent campaigns but you gotta take a look of them, it is more likely you are mining gold or something. Anyway, bounties way back then were a hella profitable you can even earn a grand of dollars upon participating in them but now is a lot different. And that is why I've only often participated in the bounty because most of the time I just wasting my time on it. I guess you'll be fine if you made some research about the project, if they are worthy or not, the outcome will still be decided depending on how you will act.
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I am not investing in Bitcoin, I am staying with Altcoins
Why I am choosing altcoins is because bitcoin is now too much volatile and there is too much hype regarding Bitcoin, Altcoins will be recovered soon and will be hitting to new highs, but in case of Bitcoin, We are not sure that when this bubble explodes. Since we are not sure, investment in altcoin is only the safest option.
I'm pretty sure you know that Altcoins are just following Bitcoin right? so if Bitcoin's bubble explodes and so the Alts, unless they are stable which I think investing in the stable coin wouldn't get you anything. Besides, I don't think that investing in altcoins is the safest option, I mean yeah there are good alts to invest in like ETH but if you pertain to a random alts in the market then I don't think so. Moreover, to be truth altcoins are more volatile than Bitcoin which is why they are much riskier compared to it. |
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The market growth is promising and the same is being related with different things. This is so common, whenever there happens something positive with bitcoin people start to relate the growth with any of the incident happening around the market. Covid-19 vaccine will not make any impact upon the cryptospace, because the market isn't reactive to sentiments.
Exactly there's no direct connection between the two. Even if the vaccines have been out to the public still I don't think of any reason why it will have a big impact in crypto, is that because people will sell their holdings just to afford the vaccine? I don't even think that vaccines would be that expensive though. I'm not gonna lie that there's a chance that Covid-19 could probably help Bitcoin to surge because some folks in the stock market could probably move into crypto space to save their investment. But I don't think that it will also cause a plummet for Bitcoin when the vaccine is done because first of all, it's been a cycle that after a rally there will be a correction. Thereby I don't see any connection between them. |
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Bitcoin cannot be banned because of its very nature. It is an open source platform and is decentralized. It does not come under any governance and changing laws according to it will make no difference to the crypto itself. Considering how many countries had banned Bitcoin in the past, it still went higher.
Bitcoin can be banned and some countries are already done that what you probably mean is that Bitcoin cannot be stopped. The government can impose a prohibition upon using crypto and make punishment who should not abide that law however if people really love this technology, they cannot be stopped due to the fact that they can hide their addresses and identity or simply become anonymous. Besides, Bitcoin is decentralized so there's no way they can totally manipulate this one. |
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By seeing the increasing in price rapidly I invested in bitcoin. Was it the perfect time? What is the prediction of price for now with reason?!
That would depend on you. I mean if you are a Hodler then I don't think you can call it bad timing to buy Bitcoin at this price because it is still growing even more over time. However, if you are a trader then your entry was totally wrong because why would you buy at the rally phase when you could have just wait for a correction. Perhaps FOMO is the main reason why you purchase are you? Anyway, I hope more rally comes for Bitcoin so that it wouldn't be a total loss for you. Just make sure that if you saw an opportunity to buy or to sell, don't hesitate to grab it. |
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Bitcoin has surged past $21k. Newbies are rushing into the market to buy some.. FOMO...it's incredible that people are more willingly to buy a coin when the price is high than when it's low. Take for example when btc was less than $600 in 2016, people thought it was just plain stupid to buy a coin for that much. I had the experience with ethereum, I could have bought eth at $100 but I wasn't sure and was waiting for the "right time". I later bought ETH at $400. The psychology of regarding coins as shit coins until they blow up and become too expensive is common among newbies. Even myself I am guilty. Enjoy the bull run guys!! Remember to lock your btc or swap to a stable coin like usdt. Good luck
I guess we can't do anything with it, newbies are just bandwagon, if they saw something that is on a trend they'll go for it. Like in the case we are all in, upon seeing Bitcoin's current price right now, the fact that it is in a rally they tend to accumulate as well though it is very expensive to buy and once they got what they want they will just leave instantly. I bet they didn't even know truly how the market work, they only because of the trend and profit. And I think this also happened in 2016. Fortunately, today's rally was different because the growth was firm enough and more mature unlike we had before. |
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I am Not Understanding This high
17th December In Morning $22k When I Check in Noon Time $23K It Super High.
Well, there's a lot of possible reasons but we don't know what it is exactly like this could be a FOMO. After breaking the $20k resistance and Bitcoin is now increasing once again people tend to panic and purchasing Bitcoin for they not to miss the opportunity of the rally. Perhaps everyone thinks that Bitcoin will now plunge since Christmas is coming and they thought that a lot of persons will try to liquidate but they all got wrong and now they are procuring the coins that they have sold. |
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It is possible for Bitcoin to have $315k however, I am not sure that it will touch at the end of the month of 2021. Halving is done and based on the past, after the halving, the corrections enter but I do hope that this one would be different this time. Anyway, though the Bitcoin market is unpredictable I still don't think the price would grow to be that much in that amount of time frame, perhaps it will take roughly a decade. Unless Bitcoin will surge drastically over time starting in the 1st Quarter up to the 4th Quarter of the year 2021. |
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Quite tough indeed but I think the people who only in that situation could answer that because he knows better what could be the best for him. Like if you prioritize having a house then go for it however, if you think you can wait you could for more years then just rent out and try to invest that amount in crypto. Though it is a lot of risks to take because of the fact that Bitcoin is inflating over time thus no one really knows whether will it go up or down. Bitcoin could bring 2fold, 3fold, and even more of your invested money yet it can also cut into half or even more, so to put it simply it is more like a double-edged sword, thus they always say invest only the money you can afford to lose. That is why I conclude that the decision should be made by himself.
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We can see the Bitcoin rally is in a crazy mood. After braking 20K resistance Bitcoin growing up very smoothly.
What do you think? How long will Bitcoin continue this rally?
When will Alts start a bull run?
No one really knows how far Bitcoin goes, is the rally done? and when the alts will start a rally. However, one thing is for sure, Bitcoin is not forever increasing so expect that there will be correction and downtrends will come so we better prepare for that. You can create your own prediction if you want to and yes there's a chance it might happen but not a hundred percent certain. Upon dealing with this uncertainty, one strategy that could help you a lot, like making a target goal price or exit point. To put it simply, just do not be greedy. |
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Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.
We have approximately 1 and a half week remaining before this year ends thus it's been really tough to determine if Bitcoin will reach $25k. I tell you what, honestly, my prediction is that by the end of this year Bitcoin will only reach the $20k mark but look at it now it is $22k and it even reaches $23k so I was totally wrong, it seems I have no talent on prediction. Anyway, if Bitcoin reaches the $23k mark once again then I would say that there's a chance, we might see it on $25k before this year ends. |
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Due to the covid 19 pandemic, I lost my job and my bank account was closed because I withdrew all my remaining balance to buy our necessities, at that time I was looking for another alternative to lost job in order to support my family's needs . Until I start trading bitcoin with small capital and thanks God because with the help of cryptocurrency we can continue to survive from the difficult time of pandemic.
Now I have accumulated a small amount to be able to reopen a bank account but I think that instead of opening a new bank account, it is be better to just buy and invest in bitcoin so that I can expect more profit than the traditional bank.
I know that investing in bitcoin is risky but I also believe that bitcoin has a good future.
I just hope I made the right decision.
Bitcoin has indeed a bright future however, you don't need to rely upon it too much it is still better for you to have a job. Take Bitcoin investment as an alternative way of earning because Bitcoin does not always work on our side. I mean there are times that Bitcoin could be profitable like now but what if the bear trend takes over what will be your income now? I'm glad that Bitcoin helps you with your financial problems, in fact, it does also the same for me. In terms of holding your funds, I think bitcoin could be a great place due to the fact that it will grow over time drastically unlike what banks can provide however, bear in mind that the risk would be higher. |
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After a few attempts, Bitcoin now makes it to make a clear entry for $20k USD. I hope that the resistance was now over, and at the moment we break the barrier this will be a start that Bitcoin might surge even more targeting the $25k USD would be the next goal. To be honest, I thought that the resistance will be stronger as we getting closer to the end of the month because people tend to sell some of their holding for the Christmas season but luckily I was wrong. Thereby, keep holding, now that resistance is over, Bitcoin will certainly surge this time.
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Hi,
I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?
When I am trading I usually choose those coins that have a higher volume because they are more certain than the coins that have low volume. Bitcoin and Ethereum was my primary coin to trade with while on the other hand, I am using USDT to liquidate or preserve their value when the downtrend comes. For you who are only about to start trading, I highly recommend using Bitcoin as well before going into some volatile altcoins because this really contains higher risk exposure. Investing in high volatility coins requires a lot of experience and knowledge in dealing with them otherwise you will only be filled with remorse. |
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After a slippery week once again BTC is slowly gearing up is this the last resistance level of the year? Right now the market capitalization is healthy and that's why we are seeing some positive trends also i' ve been watching the price of BTC pumps most of the times only In the weekends, Is this means there is a surprise for crypto industry? Guys share your thoughts  I'd like to believe we have a big pump coming and we have a big surprise coming and whales are just positioning for a big surprise, the new all-time high is just $800 to $900 away it's manageable we just need a big 10% pump to set a new record and I hope the whales will deliver before the end of the year. We are in positive side right now which can give the possibilities that we can see some good figures this year or maybe In next year so let's hope for something best to come so that we can see the price surpass to $20k and maybe if that will be reached by this year we will might get a healthy market next year. Hopefully this will happen, because we haven't seen a healthy market until now, Pump and Dump are always happening in the market, it looks like whales want to manipulate the price of Bitcoin, we know there are still many whales who have large amounts of Bitcoin, and this makes the market unhealthy Now we see it the new record has been landed and bitcoin price is continuously pumping now, for sure many are celebrating since the one who hodl their coins and trust bitcoins are so lucky today. Hopefully we can see more pump and we can reach for even $25k until the end of this year. Despite the strong resistance we have been through at last we have seen Bitcoin reaching the $20k mark. After several attempts, Bitcoin manages to break the resistance. Honestly, I've been thinking that we will see the $20k mark through next year due to the fact that most of the people are now selling some of their holding for near Christmas but I was wrong. Now that we've been break the resistance I hope the next year we will seen Bitcoin reaching the $25k USD mark. |
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