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Many factors had affected bitcoin price to fall down recently, it can be trader's emotional aspect in managing his funds. Lack of patience will cause every person to distrust the current market. The bearish trend had also provide long term emotional changes for all of us, so that's expected to happen seeing price of bitcoin at certain level of dip. Many possible causes which I cannot enumerate them all here and maybe we should other people to give their personal opinions too.
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If the price going to dump again better to you and to us if we going to buy more bitcoin when price decreased to make more money. Don't panic when dumo is happening and no one can know what happen this week or next next few weeks.
This will bring more opportunities for other traders who fails to buy during the higher price breakthrough. I think this is not a bad thing for bitcoin to collapse when there's a huge potential that it will bounce back after price dumped situation. We should stay focus and calm right now, because we're all bounded to see better days is another hope for all of us with bitcoin. |
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To provide a legit and a certain crypto exchange, I could recommend binance as the best trading site ever because it can be installed to your mobile phone as android app. This is the easiest way to introduce crypto due to its capabilities and reviews. The trading site was having a strong security as per observations based on what I did from previous tradings I did with the exchange site.
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There's no plan to sell my coins for the moment and as the latest happenings prevented me to do that since price wasn't in good condition. That's merely a great dump ever and if I have to compare it with last year's scenario it has a huge difference in terms of volatility. Selling maybe was the last options when the cryptocurrency economy will become profitable enough to increase at a pumping price, but for now I prefer being calm and wait for that perfect time.
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Oh my, the market is looking all red so bad that can see nothing but the red all over the place. What is the reason behind this massive market crash in the middle of this month of November? Everybody is expecting another crypto boom by the end of this year like the last, why the crash now?  The crash was an unexpected situation that occurred lately, and it made me surprised when I woke after a deep sleep. I think the panic and bearish wasn't over yet and based on the lists of coins shown here most of them were at very dumped price. This is not good to see for now, so we needed to be within our control when we see this kind of trends of crypto, because if you won't do that you'll lose everything. |
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I can see fluctuations in the market I think this is not the time for investment... Is my opinion is right Or wrong
To begin with the markets are not fluctuating wildly, if that is what you think when you see the markets now then you have seen nothing, wait until the bull market and the bear market comes, also no one forces you to invest, if you do not like the volatility of this market you can always choose something less volatile in which to invest. Waiting time is not stressful for me right now, but I am worried with other people's emotions because they tend to give up due to current market chaos. Most of them weren't able to withstand with their goals and yet pulling out their assets free from crypto. That's the particular reason I am looking forward right now which barely caused this problems on fluctuations to wildly moved out in the current marketplaces. But if you're thinking of investing with cheaper and potentially increasing valued coins it's good to invest right now, since bull run wasn't happening yet. |
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I think we all know it by now. We are neither in a downward nor upward trend in the market but we are still in the bear market. The price changes we are seeng now is called a consolidation stage. And in this stage it could either make or break it when is near its end. Right now we are on a descending triangle pattern which is a bullish pattern based on technical analysis but what we need to confirm it is volume which BTC currently does not have. So I hope it clear things out for you as simply the bear market isn't over yet.
I can also barely see it mate, bearish market was really crucial nowadays and unlike last years breakthrough this is what I think so tough enough. We can't control it even though good news were coming, people seems to be more hesitant in moving forward. If you're buying while the situation isn't having pumps at higher value for your holdings you can do it, but be sure to hold thise promising coins. |
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Don't be discourage for whatever failures you experience with crypto recently, because eventually we will be recovering from that failures as well. Even if we're not lucky enough right now, but in the long run you'll be learning the entire techniques to conquer the problems faced everyday. This is more like a battle of our finances, so it's not a problem that cannot be solved; there's always a solution for everything.
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I think the main reason is to be afraid of losing money , fear of failure is a very strong feeling especially if you have failed sometimes in trading , my experience in trading in this bearish market is to trade weekly with large volume coins , Some of altcoins are dying because of the volume decreasing , and it becomes risky to go through less familiar altcoin in my view .
That's the reason why panic traders increase in numbers, but I'm pretty sure that those are newbies in trading because they didn't learn how to become a real holders. Becoming real holder should experience more difficult challenges specially these days of uncertainties, like the bad market and bearish trend. Panic traders should learn the deeper aspects of crypto and avoid those negative ideas to affect us. |
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I also believe that the market will go up in 2019. It seems to me that the period of decline should be replaced by growth at the end of 2018.
Everybody has this hope. Bitcoin seems to be a pretty stable cryptocurrency. It has proved that it is very powerful. Remaining the leader of the crypto market, it will continue growing in 2019. Indeed it is worth to invest with and the stabilized market could provide a definite and sustainable profit to all holder who need more opportunities for their asset to grow. Next year of even more years to come, I think bitcoin can randomly withstand on that expectations in the future years. |
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They just indicated that BTC is a highly volatile currency and they had estimated a risk coverage at 800% which is around 50,000$. well, we have to look at their side, bitcoin has increased from $ 1000 to $ 20,000 in a short time and then fell to $ 6000 in a short time, so it's a very risky investment and banks need to take precautions Yes they need to make precautions as they won't be entering in the cryptocurrency market knowing that the asset they are holding could fall anytime. What I am not seeing here is why OP thinks that the investment will go up to 50,000$ if FINMA just increase the credit risk to 800%. OP must be thinking that BTC will grow to 800% and he misunderstood what credit risk is and think of it as a expected gain of BTC in the future which isn't If that positive news could affect positive towards market growth, I think it depends on how every holders would decide in the long run. The future always unexpected, and we can't predict what may happen. When there's manipulations, we can't control that because we're just holders. |
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I believe blockchain will but I'm afraid with AI. Blockchain will help improve the customs in every government because that is where rampant smuggling and corruption happens. This will make it very strict for them to do when every details is listed on the blockchain. But AI, I see it very dangerous. They could be hacked and do things to ruin the system.
I'm sure there's a place for AI to transform our world economy. It may not be directly, as Blockchain technology handles transaction management. AI could take part on the decision making of the world's economy, such as restricting or granting access to the digital economy by using facial recognition, voice recognition, and more. On the other hand, Blockchain will be responsible to make sure transactions are not double spent, and are as secure, transparent, and reliable as possible. Given how Bitcoin and Blockchain technology have grown over the past years, it's no doubt that the world's economy is shifting towards being digitally distributed across many computers and devices worldwide. As for AI, its growth rate is slower than the Blockchain. It will get there once it becomes mature enough for the mainstream world (which could take a couple of years from now). In the case of hacks, I doubt if it'll be possible to hack and game the system, as Blockchain technology has proven to be secure and resilient against attacks (like in the case of Bitcoin). AI could gain the strength of Blockchain's computing power, to protect itself from hackers. Nevertheless, either Blockchain or AI (or perhaps both) would greatly contribute to our world's economy one way or the other.  This will really help to improve the blockchain technology to much advanced system that will eliminate possible network traffic in the future. AI will always provide secured protection, particular on the biggest holders around the world who remained anonymous. Digital currency will be widely popular as this AI will renounce the importance of blockchain to the lives of everyone who been part of crypto |
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Hello traders!
I would like to know how you started trading? Any interesting articles,
videos or guides that you found helpful before you started?
Can you share your opinions and experiences please?
To start with trading you can look through trade blogs of some traders. Also, you need to find out more about ways to make a profit through the reading chart, chart analyzer, and some other tricks. But do not look and trust the telegrams. As my first start of trading I don't have those mentioned social media involvement. What I have was my bounty coins which I used to do as practice trading, and in the long run I do enjoyed what I am doing. I earned enough profit and it did help me with my debts which my current job couldn't provide me that money I am longing for. |
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I describe your personality as very bad for being a trader, a kind of unstable emotion and easily discouraged. sorry this is only a brief analysis. trading is very close to emotional control. I hope you don't give up and make a negative judgment.
We can't prevent these people to give negative judgement upon looking at this current situation of a volatile market, that has been shaken the entire cryptocurrency community. Avoiding trading while there's no certain knowledge about what is behind the actual scenario during crucial times. You need do trials before you start being involved with trading, so you may gain confidence when there's a possible circumstances which may happen. |
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Trading is very exciting and you never get bored. Trading gives you a certain state and loads you with adrenaline. By trading you can make some nice money, you can gain knowledge about the crypto market and you can gain experience. However, for beginners, it is advisable to invest small amounts until they feel mastered on their own knowledge. I do not trade big amounts. Typically, most of the profits make them bounty rewards. Unfortunately, until I woke up, I still kept the coins from the bounty campaigns and I had to lose. Usually, ICO currencies devalue quickly and will not recover.
It's also true that trading is not for everybody. You should spend all your time to trade successfully. I tried many times but only lost my money despite I've been trading for 1,5 years. I guess it happened with a purpose for us to learn, and it seemed that you're not excrutinizing all the details of those coins you traded for. Trading is for everybody as long you really absorbed the total learnings provided with this type of ways of earning money. It's not that easy to trade, because it needs a lot of patience and determinations. These days you need to hold your coins, specially if the price was too cheap to sell for profit gains. |
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Yeah it is past and we must not think it anymore.
It's a very simple word forget, but in reality doing it was too hard bedause we can't easily control emotions. That really needs motivations and inspirations in order to remain calm even though you're at the midst of challenges. Moving on with failures in crypto will make us stronger as long as you had gain control and dedication towards your goals. |
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At this very crucial and difficult moments of cryptocurrency, it's not time to give up what has been established for years. Our dedicated is required here in order for all of us to become successful. When we acquire success, of course it's not an easy road to travel or walk with. There it comes many challenges to test our integrity and capabilities, so as we move forward with it our courage, faith, patience and more that what we can give in order to survive is really a definite solutions in order to suppress the current bull trap. Just stay calm, the bull run is going to come soon. Always stay positive no matter what happens, just keep holding your asset and don't dump it just for nothing.
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We still don't have a specific timeline for ethereum bearish trend to end, but not just focus on eth but also for the entire cryptocurrency economy. The crucial moments kepts coming back and bull was still trapped and cannot move our with recent market changes. All we need to have now is patience and determinations so that we can survive the current struggles we're facing towards market recovery.
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Honestly i still feel its a bull trap and bitcoin will reach down below 5800$, before real bull market begins...How many of you guys agree with this ?
today market capitalizations was rising slowly,, hope this is a sign if the bull will coming,, then, my big hope is before the end of this year bitcoin price will reach 10K usd,, I also observed that kind of situation that happens right now, but it doesn't mean we're going to end this up. Everybody wants bitcoin to prosper and I think bear market was just a part of bull run development, as it grows more than what's expected beyond 10k usd. |
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If your invested amount of money decreased here in crypto, just be patient because one day you'll be surprised. When the market is going to recover we will see a greater market gains which we cannot expect further. However it might take several months to experience that, and all we need is to wait and hold our coins and make it grow at a certain point of price we aim for.
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