It seems to bear market. Should I hold BTC now?
bitcoin prices did go down quite steep due to the effects of BAKKT. but, I don't think the price will touch $ 3k. however, the increase in the price of bitcoin is quite high to date, and even the price increase that occurred since the beginning of the year is more than 130%. At the moment the price of bitcoin is starting to recover. I suggest holding bitcoin in your wallet, I'm pretty sure the rise in bitcoin prices will be really very high by the end of this year. even the german bank predicts a pretty high price after this year. You can check the link below https://beincrypto.com/german-bank-calls-for-90000-btc-as-halving-hardens-bitcoin/ |
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I think there are some real estate projects that link that to crypto. Well, this is certainly proof that real estate can help the development of the crypto world. it's just that, I think the results are not optimal.
little by little, this thing began to develop, and it was synchronized between the crypto world, and also real estate. I believe that this development will be very popular in the future.
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I would divide your thousand dollars into 10 parts and invest each part in the top 10 cryptocurrencies according to Coinmarketcap. In this way, you diversify risks and, with a high degree of probability, you will save and possibly even increase your capital if the bull run begins on the market.
I would do the same, that's a long term investment because it's one year and I think that's enough time for this market to recover, including altcoins of course. 40% for BTC and then the rest will be spread in altcoins at your choice, if you do some research, you'll surely find coins with huge potential. in this case, my strategy might be a little different. I might only hold 2 coins. bitcoin, and ETH. I will buy 1 ETH to hold, and the rest for bitcoin. the two coins have the highest potential compared to other altcoins. when the price of bitcoin rises to $ 15,000, and ETH rises around $ 500, it is already very good for making profits. Well, that's just a suggestion. You can take it, but of course, the risk remains. |
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I think the price decrease was due to the existing FUD. Well, this might have something to do with $ 500 million in bitcoin transfer at just one address. but I don't really know for sure what caused the price of bitcoin to fall at current prices. I also got some information that the price of bitcoin is predicted to drop to $ 8k, and the lowest is $ 7k. it's just that I'm not so sure about that prediction maybe you can find the answer here for the next step you can choose. https://cointelegraph.com/news/bitcoin-price-update-where-do-we-go-from-here |
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It would be, to put it mildly, not very. After all, people need something to pay for goods and services, and if the state does not support the national currency,
it will quickly depreciate and foreign currency will go into the country, which will have to be borrowed from outside, which, in turn, is very harmful the economy of the country taking the debt.
The current state of monetary system in every country is valued based on the economy of the country, if we use bitcoin, we won't be able to recognize the status of the economy of a certain country which now we can easily tell based on the value of it's currency and how popularity it is. Bitcoin cannot be a national currency because every country has different interest, they create their own that they can control, they can't control bitcoin, they can't manipulate it because the big portion was already acquired by private people, for me, there's no chance it's gonna happen. it is indeed quite a difficult thing to happen, when the government supports bitcoin as a substitute for existing currencies. in addition, the country concerned is likely to experience economic instability due to the influence of fiat, and bitcoin which exists as a legal payment tool. so far, I only support bitcoin as an alternative payment, and technological development. although this is very difficult to happen, but I think replacing the current currency with bitcoin will only cause some problems from some parties. |
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Hmm, it didn't even go below 9500.
until now, the price of bitcoin has slowly declined. the last time I tried to look at the price of bitcoin, it was in the range of $ 9500. I hope the price of bitcoin does not go down below the price of $ 9,000. yesterday the price reached $ 10200 and is currently under $ 10,000 in less than 30 minutes. well, of course, many people are surprised to see this. even in coindesk too, this became a popular news https://www.coindesk.com/crypto-market-sees-red-as-bitcoin-price-drops-600-in-30-minutes |
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looking at the facts, the current price of bitcoin stands at $ 10,000, and it's easy enough to fall to $ 9,000. however, based on available data, the price of bitcoin has so far recovered, but nevertheless, we need to predict this development until the end of the year.
as we have seen, until now the price has not recovered since the price dropped to $ 10k. see information about daily speculation, it is rumored that bitcoin will also fall deeper. Yeah, but I'm pretty sure that bitcoin will reach a high price at the end of the year.
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In fact, these are statistics, as far as I know, in the middle-end of 2018. But then there was hype, and scam projects were much easier to deceive people.
Now the situation has changed quite a lot and theft of funds has become much less.
Not really. Every now and then, I am hearing about fake projects. The scammers have just turned to their attention to the IEOs from the ICOs. Even now there is no dearth of investors who are ready to invest in such shady projects without any proper research or study. In terms of absolute value, I would even say that the theft of funds have increased. Fake project will always exist. The fact is that now are eliminated very much compared to previous years. There are many mechanisms that ensure the validity of a project. If someone get scammed after all, then he totally deserves that. we can be sure that one of the strongest crimes in the crypto world is a scam project. This has become popular since 2017 and is quite increasing for now. even for now quite a lot of investors are hesitant to invest in the new ICO / IEO. however, this makes many people cautious and do a lot of research before investing. this can be avoided by deeper research on a project. Well, maybe right now there are enough people who can anticipate this. the most important thing is to experience research on all parties involved to avoid fraud in the form of projects. Well, there are many other crimes, but with caution I think we can avoid that. |
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well not me... I'm not losing confidence with ethereum, I still believe the potential of this king of the altcoins it will moon for sure, just keep hold for long term and yes just don't listen to FUD you can not make money of it.
I also still believe in ETH, and I still hold it. Well, many people may be hesitant to hold ETH now, because the development is quite slow. however ETH is still very worth having. but, I know why many people are disappointed with ETH, maybe because until now, the prediction of high ETH prices has not been achieved. Well, I also feel that, but I still believe in the potential of ETH that can reach high prices. |
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It makes no surprise at all, cause in the first place and everyone knows that ETH won't go that far until such time that Bitcoin will price at $100k. Well, I'm not that nega but seems to be impossible at this time and even for the years coming.
We'd love to see ETH making steps to go higher but the market demand still at low which makes prices remains at the dump.
I also think that it's quite difficult to reach the price of $ 4000 for ETH, even if the development is very much. if the price reaches the price of $ 4000 in 2020, the price should have started to recover from now. It's been quite a long time the price of ETH on the bear market, so when there is a pump going on, maybe a lot of people will be shocked at the price, and if the price is above $ 1000 it might be good enough. I am optimistic about the development of ETH prices, but I am not so sure if the ETH prices can reach the price of $ 4000. |
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BTC at 68% dominant rate, that's bigger compared to the biggest last year.
Exactly, and if that will continue, it will only make altcoins suffered more. The changes that we like to see will not happen if BTC will remain moving sideways, like this month, it has rise but now stable at $10,000, that's the price where the support is big but we like to break those high resistance for BTC to have a chance to finally break its ATH and altcoins will rally. Until that happens, the future of altcoins is dim this year. I think the anxiety of the person who made this thread paid off. seeing the development of bitcoin prices since the beginning of the year is true quite a relief. it's just that, as humans, we will never be satisfied, and want more increase. for now, I'm quite happy to see that the price of bitcoin can return to prices above $ 10k, and I hope the price will continue to recover until the end of the year or even next year. to date, the only altcoin has not made a major recovery. according to wontontrader, on his Twitter account posted about the prediction that the price of bitcoin will go down, and altcoin will go up. I read this on the newsbtc site. it could be right, and bring changes to the price of altcoin, and hopefully, the predictions are wrong about bitcoin. |
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You should not consider investing if you will allow yourself to get affected by your personal problem.
In business team, business are separate from the owner, hence as a owner, you should have a job or business so you can use your income for your daily expenses, but if that BTC was not mean for long term investment, there's nothing wrong with that, you should your problem and you benefited on it.
What you could do best is not to sell it right away, maybe you sell 1 BTC then hold the other 1 BTC, that might have give you good value now, but you things happen already, you can't change that.
but he does have a heroic story. sometimes, we really cannot be friends with the situation. there are times when we can't do anything but sell the assets we have because of the circumstances. having a job, or monthly income will indeed be very helpful if such problems occur. right now, you really can't regret it, even I feel that it doesn't just happen to you but that happens to other people too. henceforth, try to follow this advice, sell the assets you have in accordance with what you need. if you feel that crypto is still very valuable, that is a very good thing to do. |
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Well, I don't see the potential here, crypto technology is probably a trend with many features and utilities but somewhere in this world, we can realize this technology is really only suitable for some groups of people, the rest is very difficult to contact and adapt to this technology. Besides, crypto is still a very hot item and the government is afraid of collisions, many consequences that the government cannot predict from this technology, so the way to crypto can replace the position of the fiat and get acceptance from the world community, it's too small
I know that enough problems will be predicted when crypto replaces Fiat. in terms of potential, I think crypto does have the potential for it. we know that quite a lot of electronic payment instruments are replacing fiat at the moment, I think that crypto can be like that. In addition, although many reject the use of crypto as a transaction tool, many governments support the development of crypto as technological development. however, people nowadays sometimes use crypto as a transaction tool. Well, I only see the potential, whether it will succeed or not in the future, and I also realize the various contradictions about this. |
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from June until now, the price of XRP has decreased quite badly. the price dropped from $ 0.4 to $ 0.27.
for now, the development of XRP is indeed stunned, and I haven't heard any developments for this. but, I read some news that if the price of XRP rises, it is very likely that it can reach the price of $ 0.35, but when the decline continues, XRP has the potential to decline to the price of $ 0.22. that's pretty good speculation, but I hope the price of XRP also goes up this year.
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Move your topic here mate Speculation it's more appropriate at that sub. But yeah probably.  If the price plays out in the same pattern as previous bear to bull market transitions plus the effects of each halving included then this is something that could be close to reality. if the support is indeed large, the price maybe can reach beclose to that. it's just that, for now, I haven't thought about up to the price of $ 100k because ATH price from bitcoin is also still quite far from the current price and has not been passed since 2017. so far, the prediction that I can think is that the price of bitcoin can reach $ 15k in the near future. Well, I'm very optimistic about this, but I might think that the price of bitcoin can reach $ 100k when the price of BTC exceeds the ATH. |
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For long term investment, I think this is a good time to buy a coin with potentials because the price is very down.
Talking about the strategy of being a good trader, first, you must be smart and following up the coin you wish to trade.
Also you need to set emotions aside,your emotions shouldn't control you, don't panic buy or panic sell.
The coins that I found most as having potentials are coins that were graded as some high rated top 10 coins, those are the coins that can be used as long-term project and can serve as store of value, we have some other ones that are great too, but I am still doubting their loyalty and their dedication to the project. I use to believe in some projects like Cardano, Ada, stellar and many more off them, but I dint know what is really happening to them and why they are not making much efforts to ensure that their project is being used often, only bitcoin, Ethereum and some few ones are always talked about in the cryptocurrency industry, but I think they are still worth giving a trial, maybe it is just the bear market of altcoins affecting them which will soon be over. we will only always guess about the development of prices on altcoin for now, especially for the 10 best altcoins. but, I also discovered the fact that the top 10 coins are very good coins to hold in the long run. However, speaking of the top 10 altcoins, I want to focus on BNB which is a coin that is good enough to hold for a long time. for now, altcoin prices are very unstable, but we can see that the price is still close to the price of $ 30 for now, where for almost a long time this coin is stable at that price. the current development of binance is quite good, so I think the price can increase in the near future, and this is very suitable to be held in a long time. however, to be a good trader, we need to see the potential of an altcoin and make a decision. in this matter, I see BNB like that. |
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It's hard to say whether bitcoin is becoming more available or not because there are both, positive and negative news. For example Indoa banned use of bitcoin and there is jail on that while USA allows you to pay taxes with bitcoin in Ohio state.
So in overall, one accepts while another one declines and finally we don't get important move around it. But still it's great step from USA.
we don't know what will happen in the future. however, various companies have begun to accept bitcoin as one of the technological developments in the world. it is evidenced by several news such as Facebook that received this development, and also Samsung who started using bitcoin on their blockchain keystore. sooner or later, those who refuse bitcoin will again accept that, moreover, I feel that India is also very suitable when utilizing blockchain technology. |
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when they get used to playing gambling, I think it will be difficult to get out of it, especially when they make it a place to make their money. I don't think that they will come out when they make it their profession. I think, they are used to it, and have a certain way to profit. Well, every day there will be new gambling players, whether it's to become a profession or just try it.
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$100k is only 10x from current price with the next halving a year away. Of course it will reach $100k. Then it will reach $1m for the same reason.
Will you be holding any bitcoin when it reaches $100k?
The possibility for bitcoin to reach $100k is realistic in comparison to the ath it has achieved in the past. Compared to the year 2017 now we've got increased level of adoption as well direct usage though there were countries that keep on stating some regulations and limitations on the usage. This way there is more chances for bitcoin to touch $100k in the future. When it comes to $1 million it is completely impossible for various reasons. However high the demand might be, a single coin reaching $1million seems to be a disaster to the governing bodies as well the economy, because lot of fiat gets hold in the form of bitcoin which were the black money. This will help corrupt politicians. if we think about it, of course there will be so many ways that bitcoin can reach $ 100k, it's just that, sometimes it doesn't work, and even that will be quite difficult. for example, we might assume that the price of $ 10k, and $ 20k is close together. however, until now, the price of bitcoin has never even approached that. if $ 100k is 10x than the current bitcoin price, it does feel so close, but the fact is not that easy the price of bitcoin will go up at that high price, especially when there are many pros and cons among the world's top brass regarding this. |
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