Speculation is root of all evil In old communism years speculators hide the bread for selling when war gonna hit hard whole country. Price drop is conclusion not cause. Regulators should apply some rules to legalize the trades and limit the money washing tactics.
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Facebook wanna to create their own blockchain but they started to ban other ones. Why they just ignore the power of blockchain specially in this space. Banning ads was affected to markets bad but they reversed their decision. Let's see who will be right at the end of this "ban" game
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I remember this quote from my early days of trading: "Markets can stay longer irrational than you solvent" Uptrend will continue while we moan about how stressfull markets are. I dont care about small term movements if i gonna to trade on long timeframes
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The only logical way is keep posting meaningful topics on forum. Noone is going to discover new America but it doesnt mean same thing that to make shit posting on forum. Let's face with straight facts and always debate on knowledge required threads
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Emotions are enemy of traders and i dont care about my own feelings when i enter to trade. My positions are reflection of my ideas and i only stick to plan in case of big movement on markets.
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Maybe the government of other countries want put tax on cryptocurrencies.
Taxing is theft and decentralized space will not be able to get traced by governments. In centralized systems there is audit groups which consistently checks the balance sheet of companies. Governments will not be able to locate and trace transactions because of its nature.
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Now a days bitcoin price is dumping continuously.Based on recent bitcoin market price data how much bitcoin price growth we can expect in mid 2019??
My expected price in mid 2019 1 BTC=30000 USD
What's your opinion??
Since bitcoins price today is dumping so hard then we can expect for the price to grow above the normal price as well because bitcoins last year has managed to grow from $3k dollar to $19k dollar market value before the year ends. The more lower it goes the chance of jumping upward is growing. Prices are subject to speculation which root of all evil. Let's dont compare the latest drops to current dump because this is the first time in the history mainstream are talking about cryptocurrencies.
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Everyone is responsible for their own decisions.I cant blame you for this kind of risky decision but my advice is to keep faith in this crypto space. Maybe one day you will find good job but i am not sure about this low prices for early birds..
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It seems nobody has the answer when price stop falling I bough a week ago and though this is the bottom line but that is really hard to know where is that level where it will get stable and than start recovering.
I am really disappointed with this team due to broken promises by team members. They agreed to make minexbank rates lower but they didnt care about crashed prices. They cant control the situation but team always sell hype with talking about low volatility coin.
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Many traders wanna to take profit even markets gonna to crash but they dont want to short with their margin accounts. 5k$ level is support level on charts and breaking this level will cause more panic selling. Let's trade markets no matter it goes up or down.
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Big guys always say something in order to buy cheap from market Bill Gates will agree with cryptocurrency community if cryptocurrencies gonna to rule the whole system of cash transactions. Even Buffet calls bitcoin as rat poison but he doesnt need to mention that banks are rat
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What digital money brings to society and how people can use this for their own advantages? Digital money is form of money revolution. I always believe that cashless communities can solve the problems which created by cash money. Inflation is real problem and unfortunately cryptocurrencies cant solve this problem even wth new technology..
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I normally expect big attention from market participants if 3rd wave of elliott wave gonna to cross the below of 2nd wave. Third wave always give impulse to market and market participants agree to trade that wave. I dont expect big moves during this month due to low volume on market.
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We have seen such dips on historical charts but people always refuse to take responsibilty of their portfolio. In case of bitcoin price go to below than 5k usd level everything will change eventually and flash crash will cause more panic selling. Let's hope for best in future and please never invest money than you cant afford to lose.
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The best option is to buy low levels of charts instead of selling panicly on every dip and buying back on higher levels. There is no such thing called minimum or dip on charts because every dip has more "dip" than previous ones. Markets always create opportunities but everyone cant do same things like professional traders.
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ALTcoin is 100% correlated into BTC value. When Bitcoin is bullish then people will dump their ALTcoin in order to sell into Bitcoin/fiat. When bitcoin market is bearish then people still dump their altcoin to lock in fiat value and preserve their trading account. in both ways, altcoin market will be ruined.
the only ideal phase for altcoin to bloom is when the BTC value is stable.
You absolutely nailed it and there is no such thing called trend on cryptocurrency market. Noone can catch falling knife without any special ability on financial markets. Altcoins are pegged to main cryptos and whole market will follow the main pairs.
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Bubbles are ok in financial markets and history repeats itself over the time.Bubbles burst and everyone loses big amounts no matter how much they invested in that financial tool. I always learn from my mistakes and advice others to do same.
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Ethereum will grow and develop and at least for a couple of years it will remain a leader.
It is common sense by traders that every coin will get its value over the few years. Noone can exactly predict the future but we just speculate the future prices. I hope after few years ETH will find its deserved price and it will surpass the other value of alternative coins.
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Trading is proftable if you know what you are doing. Let you own voice to accept best decision for you and dont listen to others. Technical analyse can help to correctly enter to position or exit from position. Joining to pump/dump signals is not good way to make money unless you get information first hand.
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Psychology is worst and best tool for traders to make speculations on market. Controlling emotions can help traders to accept good trading decisions and make profitable trades. Believing to FUD can destroy my ROI over long term timeframe. Emotions cant let traders to cut losses or take profit from position.
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