Hello community, I have heard some reports that 'someone' has put $1 million on Bitcoin being $50,000 before the end of 2018 and other conflicting reports that Bitcoin is a bubble that is going to burst. I understand this is very much a time will tell kind of question and some may argue that the press has said bitcoin is going to burst/fail since it came out but look at it now... and I understand there may be at least a chance it could be worth $1 million in the future. What I am asking is what are the big Bitcoin holders thoughts on this are they bailing or are they holding for the long hall, if they are holding can 'The Bitcoin Bubble' really still burst? I have most of my eggs riding in this crazy but attractive world and would really appreciate inside feedback. Thanks for reading     Obviously, bitcoin is a bubble because it drops so hard after the price has raised so high and that is the reason you should always invest a huge amount every time the market prices are dumping. |
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I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
Selling all your coins today will just make you lose a huge amount of your investments because the market prices are dropping so keep on holding until it pumps up again. |
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Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?
In my own opinion, there are people who are expecting ETF and they though that bitcoins will continue to dump if etf will not be approved that is the reason why the prices are decreasing right now. |
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I'm not sure of the current increase in bitcoin prices, because I think many investors are still reluctant to hold the long-term. when the price of bitcoin falls, there will be mass sales.
Bitcoin prices today is starting to grow again and it was a very good sign to hold your coins in order to earn more profit when cryptocurrencies are going to the moon before the year ends. |
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I am also a panicked person, because all the cryptocurrencies in my wallet are bleeding, now I have sold them to USDT for saving!
If you always tend to panic in the market then you will keep on losing your investments, the best thing to do is just hold your coins and read different positive speculations to boost your self on holding your coins. |
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this is nonsense, bitcoin prices will not go down that far.
are you still going to stay in this forum when bitcoin price drops to $ 2k price?
Yes you are right, it will never decrease to $2k dollars because people are still going to invest even more in the future and cryptocurrency will have a bright future. |
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Will Bitcoin continue to fall this year? After the $18,000+ rise, bitcoin has not yet recovered from the great fall. Will it continue to go lower and lower? Or do we have hope that it will hit high this year?
What do you think fellas?
Bitcoin price is falling right now and it was down to $7k dollars, we can expect for the price to increase even more before the year ends due to its volatility so keep on holding your coins today. |
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I think buying bitcoin is stupid now. The price may fall lower especially if we take into account the deviation of bitcoin ETF today.
I totally disagree with you if you buy on long term. Even medium term. If you plan to hold your bitcoins for 5 years, bow and next year is best chance of your lifetime. What is left of your lifetime of course. You will never have better chance again. yes you are right, investing a huge amount right now will give you an opportunity to become wealthy in the future since the market price is volatile and bitcoins is very low for so long. |
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Bear market is expected to end in a year time so we already spend around 8 months so we should wait for more than one or two to see bull run again
The price of bitcoins is down for a very long time so we can expect for the price to pump up anytime soon in the market. |
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Bitcoin is in the mid-term trend (bullish or bearish), which is approximately 7 days from now on H12 chart.
In my opinion, I think you should buy BTC if it is reached more than $7100 and be careful with $6500 because if price down to less than $6500, downtrend will return.
Yes i agree on you, if the price of bitcoin reached $7k dollars then probably it will continuously increase to the moon again just like what happened last year. |
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Very bad news for BTC holders. BTC price is not moving upwards in August 2018. Looks like the rest of the days of August will be in downtrends for BTC price chart. The red is dominating green for all altcoins. Looks like another panic month for longtime holders.
It does not matter because bitcoins will still grow even more before the year ends so keep on holding your coins today. |
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Oh, well, I never lost my btc, except the fact that I bought it when the price was higher than now. Besides, I hope that it will increase again and since I didn't sold my btc nothing’s lost.  Obviously, the market prices will increase again because there are people each day that keeps on investing in cryptocurrency which will make the price even higher in the future. |
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To be rich you need to work hard for it. If the chance of being rich was given to you or comes to you, be thankful but you need to be wise and intelligent using your wealth somestimes you loose it because of your wroing doing. Chances come ones so grab it and you are the one who will make it to grow.
Yes you are right, you always need to study hard and work hard in order to become rich in the future and sometimes you also need to take risk in order to earn more profit. |
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Exactly, this is right. No matter how much we earn especially here in bitcoin, nothing good will ever happen if we do not know how to manage our finances.
If we want to be rich or maintain being rich it is necessary to be finally literate to become wise on how to handle our finances.
Yes you are right, the best thing to do is always keep your money if you earn profit and do not spend some money on unnecessary things , that's how you are going to stay rich in difficult times. |
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Because they turn their brains off, logic off, when they start to dream of good opportunity that pays off. Most people do this for all sorts of things.
People shows their intention to learn something if they prove or they witnessed evidence that bitcoin is true and give to us a good things, and intrested people will wait until they know everything about investing or either harvesting income from it. I do agree on you, people will only learn if they have a good experience from it and that is the reason why not every people invest a huge amount immediately. |
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here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.
any suggestion on how you save your money?
try to divide your needs in percentage for example 40% for monthly needs, 30% for installment, 20% for future savings, 10% for social needs, then divide it with your monthly income I prefer you have a day job and just keep on trading in cryptocurrency to earn more profit and from there you can have more income depending on the demand. |
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Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
but it is very difficult to stop these hackers or scamer, there is no such application to deal with such criminals. if there is a possibility it will at least reduce crime so investors will be safe. In my own opinion, people can always get hacked through different ways such as phishing sites and fake links coming from airdrop bounties but if the person is smart enough to determine if it was legitimate or not then he/she can avoid being scammed or hacked by an exchanger or a phishing site. |
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Yes. Because cryptos are new and have brought forward the revolutionary idea of digital, cashless society which is not bound by the rules and regulations of the government forward. Also, due to the coins highly volatile nature, they are great investment assets and can help earn good profits in a short period of time.
Also, the coin allows transactions to be made throughout the world without any hazzle and also the transactions are secure and identity of the sender and receiver are kept private.
In my own opinion, no matter how the market price drop today, people will still invest because they are going to expect higher price in the future which will bring them wealth. |
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I think that if you really do good research and are careful with your money and you really know what you are doing, with a sound plan, then bitcoin can be a good place to start to make some money and then get richer from there. Bitcoin is not like gambling where its purely by chance and the odds are against you, but if you plan well and have a good strategic plan and plan to hold on to your investment for as long as possible then bitcoin might work very well for you. It is no different then all the other investment products out there.
Bitcoins will be always a good place to make money because the market is always pumping depending on the demand and you only need to be patient to make profit. |
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Investing in crypto is more risky than investing in real estate. For me if there is a price decline, I will hold on longer and be patient. Selling at a low price will only make us lose, and it is very painful.
In my own opinion, yes it was risky in cryptocurrency more than real estate but it was more profitable since the market can pump depending on the demand. |
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