The value of Bitcoin is rising again, can we expect a significant jump in Bitcoin value by the end of the year?
It was normal for the value of bitcoins to rise again since there are a lot of people who are waiting for its value to pump up and most of them are daily traders and long time holders. |
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2019 is really good for cryptocurrency since we are at the $6k price so we can expect higher prices in the future and we can earn more profit in this way so keep on holding your coins as of now and have more patience. |
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A lot of people asking what happened after a steep move of btc price. Just like there must be a bad news for down and good news for up. There is no rule like this and probably a lot of people will not really understand. There are few thing affects btc price but news are less affective on price, dont like to give numbers but it is more %5 of btc price is related with developing news, infact there was no real relation but some people think there is a relation so it causes an affect on price. Likely a lot big drops happened without a proper reason. But still people was wandering around any news which may cause to this. Big company accept btc so it should rise? they dont microsoft accepted btc affected only %0.5 bump on price just long 10 hours and price continued to drop that days, some people says mtgox crysis is the cause of 2013 rise and fall i find it funny. There are a lot of price moves on btc and you cant find matching news with them. If you wonder what is real cause of that steep drop i can say it is manipulation, not even free market can react that fast it is manipulators. But it is another topics's subject. Just know bitcoin price is almost not related with any news.  In my own opinion, price is related to the news because most of the new traders today are trading based on their own emotions which makes the prices to dump or pump depending on the situation. |
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Such people invest in the crypto currency and do not understand the meaning of it. Most likely, the situation will change soon and such people will become less, as more experienced investors will come to the crypto currency industry.
Yes you are right, there are a lot of people who are just investing on cryptocurrency without a decent knowledge and when the market start to dump then they will complain a lot and its their fault not to study about the market system before investing a huge amount. |
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I think that 95% of crypto coins and tokens won't survive and the reason is that a crypto coin in order to survive and get value it has to be accepted as a way of payment for purchase goods or services.
Very few coins will manage to do it at the end of the day and of course these coins will get enormous value.
The only thing you have to do is to find out which coins will enter the market of real currencies.
In my own opinion, the survivability of an altocoin will be always depending on the developers since the price increase will be based on their marketing strategy to get more investors. |
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I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.
It was normal for the price of a token to drop so hard after it was been released in the market since there are a lot of people who wanted to earn profit from their bounty campaigns, therefore they will sell it immediately. |
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Anyone know the reason of it?
I did not know the reason why it drops but it was the best time today to invest a huge amount in order to earn more profit in the market when the price started to pump up again. |
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I did both, at first I had difficulty dividing time between two jobs.
but now I am used to it, and can manage time well. the most important thing is not to sacrifice time with your family just to work.
Yes, I did both too. I have a real offline job that gives a lot of benefits while at the same time doing cryptocurrency during my vacant times. I just can't give up my real job because it is very helpful to me and to my family specially my insurance benefits and same with hospitalization. I can do both without sacrificing any one of them. It is not easy but I can handle well. You did the right thing, in order for you not to depend on cryptocurrency then you should have your corporate job and earn cryptocurrency while working to have stable income. |
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For what I can see, bitcoin trend keep decrease and it's never higher than last week
So all we can do is wait a momentum for bitcoin rise again just like last Nov !
People are panicking because of this and that is why it continues to drop. Hopefully, we can still see the same situation last year, more months before the end of 2018 meaning we still have more time for this hope. No matter what the reason of this dump is, I believe we can still survive. yes they are panicking and they did not have a good knowledge about the market situation , most of them are new in this industry who just invest because of the hype in the market last december. |
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what do you think will happen on bitcoin after several years?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?
Bitcoins in several years will grow even more because there are a lot of people who are willing to invest a huge amount in order to obtain cryptocurrency and that is the reason why you should always take advantage of the situation every time the market is dropping. |
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stucked in holding.
There is no assurance on how long the market will recover because the market price is based on supply and demand so all you can do today is be more patient. |
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Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).
Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!
In my own opinion, you will be earning so much if you will focus on cryptocurrency but if you want to keep your job then focus on managing your time today. |
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It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.
You should be always expecting drastic changes because the market is volatile so the prices will be always depending on the supply and demand which reflects into the value of the bitcoins or altcoins. |
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Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
From your poll, Everything you mentioned is good but since you’re talking about making income on a daily basis then you should go for trading. With trading you will always make profit, but don’t rush into it if you haven’t gotten any knowledge on how to trade, cause if you do, then you will be going into it to throw your money cause you won’t get any profit at all. If you make always profit with trading then I would really like to know what you are doing different than the majority of retail day traders that seem to be unable to stay profitable in the long run. Trading is not good if you want to make a passive income, mining is a big advantage if your area has a small amount of electricity consumption, that is the reason why there are a lot of people who prefer mining on china and cryptocurrency is more profitable in that way. |
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Trading in essence, we must be able to read the situation and also be able to set the time. To increase trading hours to be able to train yourself and also be able to follow the signal as our first step to be able to start trading
You will never read the situation because the market is volatile, the best way you can do is just being patience in order to avoid making wrong decisions in the market like selling your coins at its lowest price. |
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yes you are right now the price of bitcoin seems to have begun to show a sign of rising prices so now is the right time to buy as much cryptocurrency as you can so you don't miss this movement when the price starts to rise again.
The market is still down to $7k and yes it was a decent price to invest a huge amount because in this way you can earn more profit when when the market started to pump up again. |
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Now the people are greedy and they are selling bitcoin because of the price rise while if we stop being greedy in these days then profit is high and through savings we can further invest in crypto market.
Being greedy to invest right now is very importang since the market prices are still low, this is the reason you should invest even more or hold your coins in order to earn more profit just like what happened last year. |
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Since participating in this market you must understand that it is a risky investment
How to you do not be fooled as there is sufficient knowledge and realize it
Risk is natural in this industry because the market prices are based on supply and demand so you cannot always expect a profit, patience is more important rather than your own strategy. |
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I like to use day trading it make good profit and it's very easy so I like it
But when I see market down I hold my coin
Day trading is profitable if the market is volatile and that is the reason why you most of the traders are getting rich by just focusing on the market everyday. |
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In today's trading I like some exchanges like mercatox hitbtc because it's a safe and convenient trading move. i hope you find your favorite trading platform.
Kucoin is my favorite exchanger at the moment because the traders and investors did not get any problems in the past years that they are trusting the current market. |
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