I have been in bitcoin and altcoin investment during 2015 and I feel many experience about how bitcoin and altcoin price growing up and down, many time I faced bad moment when have keep holding my asset and bitcoin was lower price.
but i am sure your investment being worthed in 2017.maybe if you already collect bitcoin no 2015 ,now you already have much money.and most of people ever facing bad experienced. That's the reason why supposedly we used to hold our coins right and gain profits in the coming years, cause we all know that prices will move every year. But the big challenge for us it how to manage our self and our emotions when the market fall down unexpectedly. Our feeling will be our enemy and we should have to controlled it. |
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I partly do not agree with what Tim Draper said. If the price of bitcoin for example reached the top like $25,000-35,000. I will not enter cryptocurrency for sure. All times are not good times. In fact, if you are smart enough you will enter the market not in the peak buy in the bottom of the market.
I would consider it like this that during the bear market anytime is a good time to buy the coins as it a available at the cheap rates and once the btc bounces back you will not get that price back and will have to spend huge more to buy it . Bear season is the best time to stored potential coins knowing that it have a huge growth percentage when pumps started but somehow many losing this chances as they think negative of its future. And now the market uplift in few dollars but it is big enough to gain profits we have bought it during bear season. |
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It does look like a "start" to say the least but it surely can't be a bull run if it stops here for too long.
If it continues to go up then we can definitely call it a bull run but if it just sits at 3900 then whats the point of calling 3900 a bull since we had this price before and its nothing too high, what at most 10-20% ? that is not a bull run. Last bull run was like 900 to 20000 or something so we really can't care about a minor 20% increase at all.
Don't get me wrong, all bulls start from somewhere so 10-20% is great, I remember the time when were crazy happy about reaching 9 thousand dollars for the first time and made "its over 9000" jokes all day but then we went to 20 thousand dollars, so 4 thousand dollars is great but just not enough to be called a bull.
I think its still too early for us to tell whether its a bull run. It's a gradual climb, but not yet a bull run. Some predict it to reach $4k soon enough but I feel like a small dip or correction will happen first before we can hit that marker. There has been some resistance to it although many have been eager for the market to get bullish soon enough for them to earn huge profits again. I think everyone's just excited for the price to go up again just as it was before, so there has been some hype over this recent price increase, even calling it a bull run already, Looking forward to have a better year than of 2018. We started with small pumps that would means that there is a huge possibility for the bull runs happen before the year end. These pumps we currently experience isn't that much to say that it will be the start for big changes, may we consider this just a simple fluctuations. We never should be excited too much cause we aren't sure for these trend if it will goes up directly. |
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If we continue upwards it will quickly turn into a bull market. For now it's still a correction in the downtrend. Things like this happen periodically. There's a big leg down followed by a small recovery and another big leg down. We would have to go back to the levels we were at in August and September for it to be a bull market again.
Everything happens around still in the market fluctuation and I never think that we are now heading for a bull market. Yet, the price is still good enough and it is a little bit higher that of previous weeks. We never knew if it will back into $3.5k again or more. And if we trace back its bull runs history, it probably happens at the start of the 3rd quarter and we far from it. |
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Forex trading is profitable only to those who has a full knowledge in it. But if if not of course it wouldn't be profitable for us, we are just going to risk our capital in it. But if you are well verse and full of idea and knowledge about it, for sure it is impossible for you not to earn in Forex trading instead at the end of the day you can able to earn there 100%.
Knowledge is the vital tool in all forms of trading. Forex trading isn't just strong enough to have more traders than of crypto. This means that crypto trading is more profitable than of Forex trading, both of them are still in high risk but we have a lot of choices in crypto rather than in here. |
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From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?
I don't think there's any who benefited in cryptocurrency after all bearish happening on the market. And those big whales seemed they already dump their asset before the bearish occur where we could say they're the only who has get on timing and earned more profits on that time. Even it happens that we are in crisis but many were still doing great, in fact they'll buy more coins as it is in low prices. It actually, crypto currencies isn't always for investment but the main reason for its creation is to used for payments just like of fiat. Still we are benefiting on these despite of the losses it made to us. |
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If you are big investor then best thing for you is hardware wallet ,other than that do not store private key or seed on computer.and if you are small trader then you can store your fund in exchange that has no security breach in the past and provide additional security to your fund.
We know how prone to hacking if we are doing mostly in online transactions but it could be easy for us to access our wallets if stored it in our laptops. But we should think that, securities of our wallets and keys it really matters of how we handled it, either we manage them carefully or letting somebody used it. If we are too careless of this things, there is a huge possibility that we lost them all in the near future. |
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If the hackers will be the task to crack some particular exchange or get private keys of a certain person, they will perform it, so do not overestimate and underestimate anything in this world.
That's their job also and they'll working it hard but the illegal ways. We condemn that activities cause it ruins crypto image and many were affected. To have a high percentage of keeping safe from exchanges, better to look for old ones as they have a good reputations and already trusted for mang years unlike for new created cause we don't even know if it will give us service satisfaction. |
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Naniniwala ako na tataas pa ang bitcoin, yun lang at walang nakakaalam kung kailan. Pero malaki talaga tiwala ko sa Bitcoin.
Kailangan Lang nating maging positibo sa hinaharap at sa mga nakakita nating galaw sa market parang may pag Asa na. Pero Hindi dapat maging kampante kasi we are still in the volatile market at Baka may kakaibang fluctuations nanaman. |
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Now many kababayan`s know that crypto is very useful not only in online but some in some business , and i see that many bank in the philippines are accepting crypto as a mode of payments and that is the really big news to us.
We are moving headed for a new system and it is quite good that crypto adoption will be very entertaining to the Filipino's. Banks are into it and they should keep working as it may happens that crypto will be a threat for their business. And with that, there is no reason to adopt the system and follow the wants of the people. |
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Yes, there are still opportunities in ICOs project, but to get benefit from it, you will have to be patient. Because for a long term down crypto market, and many scam ICOs, the real ICO market facing many obstacles. But if you choose the best one to invest and keep supporting their project for a future result then you may go for it. Listing on exchanges are not the best decision for many projects. Because after getting listed in exchanges price would be dumped.
You can't be sure if your are profiting in investing ICO even you know how legit it is cause the market decide its future and so the participation of the investors as well as the team behind. Without their support, it only ended for nothing and could give losses to us. It is better to check if it have a working product already or not, and to make assurance. |
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This may be a pump token that have big bull run and big pump and buy orders and price grow but when dump the price goes back down and that maybe is how i can explain.
ETH have pumping it now and we could think that ethereum base tokens will surely have it increase also but not that satisfying for now and may should wait for few more days as it will continue to pumps. Maybe it happen that investors have working it now and may they help to make the market to be back in action again. |
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the business of running crypto in my opinion is not easy and I have experienced it if it has not been resolved to affect all of these businesses and it would be good for me to become a long time bankrupt
Maybe in the other type of business but how about for crypto loans? I'm not really positive for these kind of business cause we can hardly to find persons who can be trusted of getting loans to us, its because we are all in anonymous identity and we can simply escaped from it. So at this time, crypto lending institutions will never be profitable and possibly many will quit. |
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the trend is always changing, it can even be said to be very fast changing, along with the price of the crypto currency itself, including bitcoin, sometimes these coins are not always a trend in the market, therefore doing our trading must be more updated in information related to bitcoin
It is quite to understand how the market behave any time and so we can't speculate the right trend it have in few minutes. So everything must be prepared and to be prepared for any losses might happen along the way. But we shouldn't be discourage and even thinking of quitting cause we eventually get it somehow. |
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litecoin is a coin that is great for investment and trading because litecoin grows every day even though the increase is not much but one day it will be expensive this coin
We know how potential it is and really a good investment to start and gaining coins among the altcoins. Not possible to surpass others as the competition continues but I've never think it could be better more by Eth as well as for btc. Everyone will surely rise up when market get have a stable demand and many investors will put back their money. |
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Cryptocurrency is not and cannot be compared to a Ponzi scheme. Yes, there are Ponzi schemes using cryptocurrency but cryptocurrency itself is not a Ponzi. The concept of cryptocurrency has a wide appeal that is why people are rushing to invest in it. Unfortunately, smart programmers have caught in on the freedom of the blockchain to create shitcoins, extorting money from people who have put their trust in cryptocurrency.
but nowadays there are many who say bitcoin is a ponzi scheme that happens and there are lots of price games that occur at the price of cryptocurrency so many people give bad statements about the price of bitcoin. And do we need to give them the attention they wanted? Do they have that proof that Bitcoin is a Ponzi scheme? If Bitcoin is a Ponzi Scheme I can say that the mastermind of all of this is so patient waiting for 10 years to do it. Also, if Bitcoin is one, then I guess it should be done when the time the price is at $20K. They are all talk but they did not know what Bitcoin really is. As people thinking of it but they can't prove cause they are totally wrong and away from the reality. Those people who are thinking crypto as a Ponzi scheme, definitely they never want change and less fortunate. Bitcoin won't surely survive for this long if it is all just fake and can anyone say something against crypto. |
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The fraud at ICO is striking in its massive nature and diversity, but the bear market has reduced the number of projects to such a minimum that the fraudsters have become cramped, and investors have become more discriminating and do not believe empty promises, and conduct detailed research
It feels how frustrated they are and fraudster still looking for some ways just to scam others. Maybe that's because of the greediness of individuals who wanting to have an easy money and they'll do scamming. From time to time, they will be minimize if we all committed to stop them and to give awareness to the community. Lets have a work together to have sustainable market. |
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You can also read reviews from advanced investors and analyze the campaign from the team to social networks and decide for yourself how profitable it will be for you, since you are responsible for all actions.
Decision making is very hard for anyone of us specially when you are in the hard times and in a short period of time. Mostly we fails because of our wrong decisions and we just realize it after. Many factors will affect our decision making just like emotions, environmental factors and as well as our understanding. That is why we should need advice or even more time into it before giving the last word. |
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IMO you are relying too much on tech analysis. Bitcoin is not a Forex and the market is driven by many other factors than pure tech-fundamental analysis. Every whale could break lines in any point and you will be in panic what happens.
The "whale" factor is mainly just a function of low liquidity. There are many volatile, low liquidity markets out there. Bitcoin isn't the only market that trades that way. When support lines get broken, panic occurs and downtrends are triggered. You make a good case for using TA (so one can identify those times when price will continue falling).  On the cryptocurrency market, technical analysis can be useful only in short periods of time (hours, days). Unfortunately, it does not work if we apply it in longer periods. As we prepared for that changes and basically we do strategies to follow what is happening in the market. Yes, we do agree TA is very important and many of us were still not relying on it. I know we have different understanding with the market flows and its volatile being, and the way we adopt the system. |
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Remember that crypto is high risk but you can get significant amount of profit from trading crypto because of it's volatile.
If you want to keep trade on crypto, make sure that you have learn about analysis technical or TA because you can set your trading plan so you can manage your portofolio in better way !
Just an addition, We need to focus of what we do and make a way not to stop in learning even if you already have some strategies. More time is trading will give us more knowledgeable compared to the others. It is just a matter of dedication and working it hard will give us assurance of being profitable. Setting a plans will be great ideas cause it will guide us of what we should do for the incoming but we just not stick for a single plan if we feel it is not effective in a certain situation. |
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