Finally the wait is over as Bitcoin has got a new ATH before the begining of December, what's next? Now we will so too many speculations with title like "Bitcoin to moon" Bitcoin will reach $1,00,000 within few months and all. But we really need to set right expectations in order to make sure we don't get carried away with the market chaos, I feel we need to wait for atleast a week and do various factors which might affect the value of Bitcoin for atleast one month before making any decision about buying or selling in order to stay safe.
Sorry but did bitcoin really reached the new ATH?i guess i'm missing something because upon checking still Bitcoin did not reach a $20,000 value and just $19,800 so far. though i have read in other post that because the value of dollar now is too low thats why the value did not break the last ATH. Finally seeing new ATH. Almost $20k touched from the past few days and then it has a correction again down to $18k. Others speculated bitcoin is just started and can go high up to $360k. And that $1m predicted by John McAfee by the end of 2020. And because bitcoin is so powerful thus the massive growth has been taken place. It's possible to see more than $20k as it touched $19,800 last time. Good thing I still have half of my holdings and I can see another fruit of labor profits coming soon. So, yeah cheers beloved long term hodlers! and touch $19,700 last night so Yeah the sooner we may take that $20,000 again. There were different ATH for different exchanges but we all believe that $20k will break the ATH for all the exchanges. Announcement had gone out for the breaking of ATH by different exchange, however, the coin chart does not usually give the price for exchanges but the average price for all the registered exchanges on the chart. Even by yesterday morning that coinbase ATH was broken the price on coinmarketcap and coingecko were lesser. Yeah, I just recently check the Bitcoin price in Coingecko and it seems the price was much lesser compare to the price we have at ATH but still this is just a little bit and this will not remove the fact that after more days we will see the Bitcoin setting its new ATH in every chart in the market. After several years of waiting, now we saw again Bitcoin in this state. Its been an adventure and never miss the opportunity. Those who have patiently wait got all they deserve. |
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hey , Im a newbie here and i would like to ask what will you chose betwen Holding and scalping wich one is the best if holding , Long or med term thank you   I'd say that they are all the best for the reason that they have their own advantages, both of them can be profitable as well. But personally, I choose to hold for a long term rather than scalping because scalping could be quite risky compared to HODL. In holding as long as you are venturing in goods coins like Bitcoin and Ethereum it would be kinda safe because no matter what happens their own season will come just like Bitcoin right now. I choose long-term simply because I am the type of person who has a lot of things to work on not only trading and I must focus only on one thing thus hold would be perfectly fit on me. |
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bitcoin is techically more superior then ETH ,yes but the use cases are bigger for etheruem now!
real utility for ETH ARE BIGGER.
ETH: defi, icos, dapps, stable coins.
also the very good liquitity !!
BITCOIN ?
yes you can buy thigns with btc but so you can do with ETH.
I don't think that these 2 coins are should be compared because first of all, they are different. Both of them are capable of giving profits. ETH was indeed had DeFIs, ICOs, dapps, and more. While Bitcoin has big investors, the largest volume, and have the largest community. It is also the first to be recognized by the public and getting more attention from investors. The things are they both have their own advantages and disadvantages. Eth 2.0 is now getting closer and I think this will be a big deal and will bring more success for ETH giving us a clue to venture on it. |
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The saying is very true to me that you will only learn from your own experience and not from the others advice.
I think it is not bad to get advice from others yeah they maybe fraud or something but not all peoples are like that. The tip here is that when you got advice don't just follow or believe through with it but rather verify and make a few research if it is legitimate or not. Remember no man is an island, your common knowledge is not sufficient enough so don't be afraid to ask for a bit of advice. |
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After hitting 19.5k $, Bitcoin suddenly dumped below 17k instead of targeting for 20k $. Do you think guys will Bitcoin reach 20k $ in 2021? Or will it stay below 17k $ like as always?
Share your own thoughts and let us know friends.
Well, now as you can tell it goes back at the $19k USD mark again. Honestly, when the time I saw it drops back at the $17k USD mark I thought the run was over. A thought sprung to my mind that this might be the correction but I was totally wrong. Now that Bitcoin recovers that quickly thereby I conclude that there's a high chance that we could pass the $20k USD and set a new ATH before the year ends. Nevertheless, it hovers around on the price then it would pretty much happen in 2021. |
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Hey guys, what presents will you buy for Christmas from your bitcoin profit?
Probably I won't use any of Bitcoins right now. Knowing that Bitcoin is still moving and currently racing up to set its new ATH. Is the profit I will earn this month coming from my holdings could be considered as a present? because if that is the case then I would really love to have that present more than materialistic presents. Perhaps, I might consider using my Bitcoin to buy a present for next Christmas when the growth settles down a little. |
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That's a good question, In my humble opinion, multiple bets are more risky than single bets.
The possibilities are combined and the gains / wins are more serious.
Single bets, on the other hand, may yield more wins due to the odds.
Yes, normally, multiple bet are riskier than single bets, but there is fun in multiple bets. Bettors play single bet with high amount of money while reducing the amount if staking for multiple bets because they know the chance not to win the games is higher. The best is for someone not to be an addict, he can go for multiple or single bet, but reducing the betting amount while going for multiple. You have a point it is better to take a single bet if you are going to spend a high amount while if you are going to play with multiple bets reduce it as much as possible. In my opinion single bet is more profitable compared to the other one but also riskier because you have less winning odds while multiple bets, it does have a higher odds of winning but the rewards will not be as much as a single bet can provide. |
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I think that there are enough free resources to get information about trading, including I can call this forum one of the best sources of information, here you can find current news and learn information about trading, as well as talk to experienced traders in person.
It is indeed tons of manuals and resources about trading online but the problem is several of them are misleading that is why before getting into those articles and such make sure that the author was credible enough. This forum could suffice your learning about trading but it would be better if you will expand and reach more learning material like youtube especially what OPs recommended. It is a good source, to be honest. With help your peers like a friend would be a big factor in your learning because you could ask them to teach you in a way you can understand much better. |
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currently the bounty reward is enough to make money, you can see a lot of good bounty programs,
before I entered HEX I joined YouEngine, and both of them have good value,
grateful that at the end of the year the bounty got better.
Good for you I'd say but I think not all the bounty are the same and not all the time we choose those better ones. I think both parties have a problem, so we can't blame each other. As a bounty hunter, there are some cases that I sell the coins right after been listed in exchanges because I am fed up with being a loser, just like I remember one time I take to hold my reward coin believing that it will give me a decent profit but it turns out the coin eventually become have no value. And that serves as my lesson that I shouldn't befall on sweet talks but rather think smarter. |
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What do you think guys?
I am a little bit afraid for those who bought btc just recently where market recorded 19K$ per btc. Now, the current market drops and if they get emotional and sell it then it is already a loss for them. If it happen that they can hold it then I guess there is still a chance that they could earn especially if ATH will going to break more than 20K. But btc market is very unpredictable so good luck to all!
Anyway, I had a question will ATH happening this year? or in the year 2021?
What do you think?
Recently, after Bitcoin hit the $19k USD mark it suddenly goes back around $17k USD, At that time I had a slight thought that this might be the end of the run. But I was wrong, Bitcoin recovers quickly and now currently hovering around the $18k USD mark which is a good sign. Perhaps whales are just playing the price at that time. Now that it goes back, there's a chance that ATH will happen before this year ends but there's also a chance that it might occur in the 1st Quarter of the year 2021. Honestly, with bitcoin showing now it is hard to predict what will be the next move but for me, I will just keep holding. |
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Myself got interested into bitcoin because of the earning opportunity. Later I started to realise being cashless, I personally stopped carrying wallets filled with cash. When I don't have cash in the wallet my spending got minimised. I started to use the cards and now waiting for the access to use bitcoin on retail stores same as using card at present.
Well honestly, that was also the main reason why I choose Bitcoin that time, it can generate profit in just a matter of time. What I like about using Bitcoin over fiat is that this digital coin can be used as an asset which is perfect for investment and trading, unlike fiat. Using cashless was indeed very handy to use in fact, I mostly used it for daily transactions. What is good about Bitcoin right now is that wherever the place you are you can use it in some retail store whether online or physical without converting it in local currency because it is now widely used across the world. |
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These two are sure good altcoins to invest, and I also believe that both will be successful in the future, but I would like to ask the community here if which coin they believe will be more successful in the future. I also added a poll so you can vote, this would help people reading this thread to easily determine which coin is better.
Please share your opinion too on why you choose a certain coin.
Both ETH and BNB are certainly promising coins, in fact, they are may biased coins excluding Bitcoin. Both of these coins are worthy of investment, both can give a decent profit. Honestly, it would be a hard decision for me to choose between them but I think I would go ETH in terms of trust because ETH had been running a lot longer than BNB. I mean I spent a long time in ETH so I know its capabilities compared to BNB whom I just met recently. Besides, knowing that there will be an ETH 2.0 giving me more vibes of providing more profit. |
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What is the biggest issue facing you as a beginner in crypto ?
Well, when I was a newbie I encountered a lot of issue in dealing in crypto starting from trading like what how am I gonna start knowing that I don't have any idea with it. The second issue was trust, I honestly don't know what platform to be used because I am not a member of this forum at that time. None of my peers know how it works so I received no help way back then. Fortunately, I made it to sort out. I also being easily swayed by FOMOs and FUD, since we know that time there's a lot of things like that happened. New means no experience and being ignorant is really tough. |
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what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
uhmm being discipline, not being ignorant, and having a lot of patience. These things really help me a lot in handling my trades. Besides creating your own strategies and TA would be much important among them all. Honestly, I am not a day trader, I am a person more kind of into long trade so the tip is to "buy low, sell high" and as much as possible HOLD. If you are kinda like me then I think that would work to you as well. If happens you are into a short-term trade maybe monitoring the chart, making a TA out of it would be probably enough. |
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For the following reasons it won't go to zero again.
1. At any cost the the usage of bitcoin won't go to zero.
2. It is considered as an investment asset/digital gold and
legalizedd on different countries.
3. Large companies have invested big on bitcoin.
4. Continued development of mining equipments for cost
effective mining output
5. People believe it to be a safe haven against the
inflationary fiat currencies.
Yeah, I think was enough reason to know that Bitcoin won't go to zero. Big companies and institutions are now venturing up into crypto specifically Bitcoin, even several governments are now already been adopting like making course regard it and such. Besides, as bitcoin grows so as its community, as long as the community is alive the Crypto will live. Furthermore, we are just at the beginning the industry will progress more. It's likely OP is trying to make a FUD but unfortunately, none of us has been giving a credence to it. We all know that it's not gonna happen. |
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Lately i see many new crypto exchanges / shitcoin exchanges.
I find that creating new exchanges these days isnt profitable anymore, why would someone switch from a long known exchange like binance/coinbase/etc. to some brand new exchange? Even with a marketing campaign, theres not much you can innovate. All exchanges that promise "no KYC fiat trading" is either a scam or will be shut down due to AML policies.
Exchanges which allow anyone to list their own coin ( exists ) are very vulnerable to Dip and Ditch schemes.
Overall i find working on a new Crypto Exchange a waste of time, money and effort unless you have some truly insane idea.
Am i wrong? Correct me if im wrong, willing to hear all your opinions.
I think the reason why they create new crypto exchanges is to compete with other exchanges or worse use it to trick people. They create new exchanges because of sole reason and that is profit. If you notice there's no shitcoin lying on reputable exchanges like Binance, Coinbase, and more because they won't accept it and that will be the purpose of several newly created exchanges to be the dump station of these shitcoins. My claim is that not all newly created exchanges are like that, there are still few who are good to use. |
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Therefore, there is a huge chance that COVID-19 would drastically decrease the physical gambling and do somehow can change gamblers' physical gambling onto digital one. And with that, it can somehow increase the community of overall cryptocurrency.
It is certain that Covid-19 really hit the gambling industry, in fact, even other businesses. Everyone tends to shut down for a time being while others trying to adapt to the current situation we have, that is why online business and such became a thing especially the gambling industry. Since physical interaction is prohibited, people are trying to find a way to gamble and the digital one is perfect for this one. However, now that there are few vaccines are now being announced everything is slowly getting back to normal, and eventually, physical gambling will be now available. |
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In crypto currency, i suppose that there are two P's, Profit and process.
Oone core words i have for newbies and enthusiasts in the space today is that they should follow the process. Result might not come early or sooner as you expect it to do, but it will yield in profits; if you stick to your process rather than chasing profits.
NB: This is a wake up call to all traders to develop a trading skill or perhaps strategy; and ensure to stick to the process until perfection, and you can watch the profits follow.
Well, process indeed is the first thing you need to work on because the outcome will always depend on the quality of your process, of course, good process yields to a better outcome and vise versa. This does not only work on trading but also in every aspect of life. Unfortunately, admit it that several of us become greedy, once we saw the amount of profit we could get, we disregard the process. Patience could also matter in this trading industry, I don't know if it will be classified on process but all I can say is that Patience is everything in trading. |
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The word "bounty" means getting paid for capturing or retrieving something right? There is no much difference with bounty hunting on this forum too, the meaning of bounty shows that you can't always catch things right, there will be times when failure will occur but some people wants reward for every single projects they promote, even if you are a pro bounty hunter who's very smart at choosing projects you won't always make the right choice.
start acting like a real bounty hunter, if projects don't work out then move on because it's bounty hunting
Yeah, I think it's fair. Even if you were a well-experienced bounty hunter you can still end up in a worse campaign but it is a bad habit. As a bounty hunter you don't participate in random campaigns lying in the forum, of course, you need to scrutinize them in order to lessen the odds of falling into a wrong campaign. Ignorance is not an excuse they say. But there are some cases that even if you scrutinized them and you saw it good but in the end, they made an exit scam you can't do anything about it but to move on. Hunting is not always working on our side. |
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If it was true that there are more bitcoin correction to come, then I think, it is a good time to buy more again before the another bitcoin ATH will come.
Of course that wasn't true it's just his speculation and opinion to say the least, who knows what will be the price actions next week but I guess the bulls are still in control and remember this is a bull market and probably this is just a bear trap. I'm still long and there's no way it wouldn't break that resistance from 2017 when we are already at this range, HODL. Having the same thought. I think this is just a correction played by the whales and I don't think that the bull run is now over, could this be a bear trap. But anyway, take this opportunity to procure more Bitcoins and hold. I think we are just at the beginning of the run so expect for more growth. If this really the correction we've been expecting I think this wouldn't be like we had in 2018 because today's run is more firm and mature compared to before. Adoption of big corporations and institutional investors are the big factors so I am pretty sure that it would be different. |
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