Those who manipulate the market count on such panic of traders. Thus, they increase their financial condition. Whales will be able to increase capitalization themselves, they have enough money for this.
Unfortunately we have people around who always try to maximize their own interest and keep the benefits of the rest of the people on line. We say that Bitcoin is decentralized but I beg to differ for the market has always been manipulated and Whales every now and them make considerable addition or reduction into the market thereby disturbing the equilibrium which is something that do not recover so quick afterwards. Same is the current situation. |
|
|
|
As technology improves, we can save a great deal of time and money, in addition to human labor. Improving the technology helps us to be more creative and speed up our work.
Well a typical production function is written as Y is a function of A(K,L) which means that technology plays a big role in the production of the country. This shows the more the technology improves, the more the capital is efficient and the marginal productivity of an additional or extra unit employed increases. Moreover, a labor having more innovative tools can perform good than before and this way, the production time and the cost declines which is a convenience in life due to technology. |
|
|
|
I am waiting when Ethereum price will fall to 30-50 dollars, and then i will buy them for a large amount.I think this will happen in the next month.
Regardless of what the price in the market is, one should have a big investment for the small investment is always prone to loss and there is always a risk to loose. A loss of $10 should not weaken your intentions to make a name in crypto. Besides, this is a good time to invest of course but there are certain conditions to that and one among those conditions is the size of the capital you put in the investment. The more you invest in bulk, the more you have chances to earn per coin in long term. Keep on ignoring the momentary loss. |
|
|
|
It is normal for the market to decline or go down. There is no such thing as uptrend forever. Also one of the biggest factor why it is declining is because of fear , uncertainty and doubt. Many investor are newbie and not that confident to hold their coins but instead they sell whenever they hear negative news.
Decline in the price is due to the over selling of Bitcoins in which people made losses as they had no ability to hold the coins till high market now better they think to go for short term investment only. On the other hand, if people want to go for long term then Bitcoin is available on low price right now and one can get huge benefit of it. In the future upcoming months, the price may start increasing so the best strategy is to get as much as you can. |
|
|
|
After reading your post it makes sense that you know it already. Well, it is what it is, you just place your orders and set the settings at desired loss and in some cases you can even put on call function where you set how much profits to be taken. In that case same goes for profits as you set up the loss and once the value reach that amount then your order automatically gets executed for it. Its pretty kind of limit order but only one way functionality. As in the limit order you would specify the price on your own per coin/tokens at which the order must be executed.
The thing about a market is that it is unpredictable, and surely all we do as traders is to take advantage of the market with the use of our strategy, but at the same time not discarding the importance of using a stop loss as the inevitable where the market could want to go lower from where it bounced from could still be there. A lot of people who trade the market usually do not have strategy and knowing where to put a stop loss will always be a lot of problem for them and in that case, it is always going to be hard to even know how to be stopping a loss to minimize the market risks. |
|
|
|
how often do you check BTC price and how to cope with stress associated with this? I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?
PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.
Thanks,
Mike
Me, I check BTC price 3 times a day. I am hoping that one day soon the price soar high again. And I am not stressed because I always believe that the market will recover soon. In my opinion, if you have invested in Bitcoin, there is literally no need to keep on checking the market value and see if there is any addition to the price. This is foolish to tire yourself by doing that for ultimately the market decides when to do that. Moreover, you can easily stay secure in crypto market and make handsome money if you are a long term investor for a long term investment adds value to your portfolio overtime even if you do not check the values every now and then. |
|
|
|
I think cryptocurrency threatens government because People tend to use bitcoin than banks. But the government control banks and tax, if no one uses banks, it will truely threaten govenrment.
Well that is also a reason due to which cryptocurrency is viewed as a threat for the government that relies on the taxes from the people. The advent of cryptocurrency can potentially reduce the use of banks for the costumers who would initially use banks for making transaction would now make use of the cryptocurrency technology for it is more economic than paying charges on banks. This thing when reduces the government revenue is of course leading the government to financial crisis. |
|
|
|
Intereting point of view! I think this is a really good subject to abord on this page
Of course this needs to be discussed more often for people over here seek guidance to make their investment decisions and this forum helps them collect information about any subject in the spur of the moment for free which gives away bundles of ideas. About quitting ICO, I would support it for you can never be so sure about the progress of a technology and the output it will give away in future. So it is unwise to invest in such a thing. One should rather go for a well build asset. |
|
|
|
It's not the end of crypto but it'll be the end of you in crypto world if you're going to sell them all to cut your loss  . You should know that there are so many rich guys are still holding all their cryptocurrencies or keep investing in cryptocurrency although they lost a lot maybe much more than you . You should know that you can't earn all the time in this world  not fortunately it is not losses that's what I could have won I spent only 200 dollard to arrive at 700k Many people are unable to understand this concept of business cycle and that there are phases the market pass through that affect the market values of almost all the assets in the market. Same is the case here so it is not a very scary thing. This will keep on happening in future as well. Besides, claiming the end of the cryptocurrency is a foolish piece of act. Bitcoin is so widely spread and acquired by the users that there are chances it get the legal tender to be used as international currency in days to come. |
|
|
|
Now the price of Bitcoin has started to rebound, and it is very fast, and will soon break through $7000, I am looking for a reason!
And it bounced back again, people are starting to take cash again out of bitcoin. I think it will stay and support $6,600 so this is a better price than the past days. Currently, the Bitcoin is available on price equal to 6490 US dollar which is still a low price and is a better opportunity for us to get it on this price is benefit for us to save our money. About the price increase, no one knows nothing and those who are known as experts are just predicting roughly. They cannot predict the actual market price and even if it is uncertain but with huge gape and you cannot ignore that gap so just wait for it and it may increase in the upcoming months. |
|
|
|
This is the easest thing in crypro world, casually buy the top ten market value, even if the loss is just a little bit. Go ahead，my friend.
Yes even if there is loss initially, it will be replaced by profit in long term after the consistent rise in the value. I have been a lover of Bitcoin and ETH and few other altcoin like LTC etc. They are actually for profit in long term. Unfortunately due to the high price, many investors refrains to invest and go for the coins with low value which are at times not so advanced and hence cost them money. Despite a portion of Bitcoin or few ETH might do the job may what come. |
|
|
|
News is the biggest thing in crypto world which affects the prices mostly, if there is a bad news the price will dropped because people starts selling the coin, if there is a good news then price starts rising because people started buying it blindly. Thats how the prices go up and down.
Yes you have a point but for me. People or the users are the one who cause bitcoin price. Because I think if Bitcoin has a many users then it has a good price but if it has few users then it has a poor price. You are absolutely right, it is users who are demanding for it and is the strong support of any market they desire for. In case of Bitcoin if we see users left investing here will bring further decrease in price but it will not happen because people are demanding for it in order to enrich with the benefits it has for us we choose it. So, price will go up and down only if users or you can say demand rate increases or decreases. |
|
|
|
I will suggest now if you want to buy some crypto coins buy ethereum and ripple.This two altcoins will be the easy way to earn some profit for their price now and you can balance it if you trade it.
I have always been a lover of Bitcoin in that case. The people who made history in cryptocurrency were all associated to Bitcoin and this has been the magic of long term investment plan only that rendered them roll in millions eventually. Moreover, ETH and ripple are also good up to certain extent because they both have reduced values and high probability to give away reasonable profits. But ripple is desired for short term investment in majority cases. |
|
|
|
The main reason for prohibitions is very simple. Transfers in a currency different from the national one, lead to poor economic performance, including GDP (one of the main indicators). This way, it is easier to launder money or transfer funds outside the country. Neither banks nor payment processors will get their interest.
McCall Robinson a manager of Merchant Accounts, believes that most countries prohibit Bitcoin because it cannot be regulated and he said that. "Many governments do not like the very idea that there is another form of currency that they are not able to control. The supervision takes place on the Internet. Some countries consider it as danger to their society and government.
I think that has led to many hindrances to the rapid development of Cryptocurrency. But now the capitalization of this market is huge and governments can do nothing but ban. Big criminals, big businesses are still laundering money to evade taxes a lot. the government can not do anything else!  In my country its banned the reason is people of my country are start using bitcoin and they're not paying tax to government.Poor government can't do anything they'll never able to develop country.That's the reason why its banned in my country but it never matters because bitcoin is everything for me and i will use it. Governments do nothing and yet they ask for a substantial amount of your income every month so they can steal it and keep it to themselves, and the banking system is very happy to allow them to do that because they are stealing from the population as well, but bitcoin does not allow them to do that, and they do not even know who is using bitcoin and they do not know how to get that money out of them, and until they figure out how to do that they are going to ban cryptocurrencies because they do not want to lose the monopoly they currently have when it comes to charging taxes and printing currencies. There are some reasons why cryptocurrency has been banned in various countries. The first and foremost is the weak economic system and the nature of the existing policies of a country that does not allow a country to work if a different system is introduced. Majority of the policies of the country have been formulated keeping the national currency in the view and the instruments of the monetary policy and the fiscal policies that could potentially help eradicate or reduce the poverty and help the country rise the scale of employment and keep a check on the inflation. This is the reason some of them ban the crypto to keep their own system running. |
|
|
|
When we compare two currencies then it is easily understand and i think that it is because of the Dollar which is the international currency people are using it for many ways and if it is rise in Indonesia and it is also in our country because our currency is devalue as compared to Dollar while in future many industries will realize that Dollar functions can perform by Crypto as well.
If you say that the dollar can work with Crypto, does Crypto have a relationship with the dollar? And why doesn't Crypto rise if the dollar rises? This question is strange, but research also needs to be done so that Crypto is exactly the same as the dollar. The only relationship crypto has with the dollar is if you only want to tag it with the dollar and being a decentralized space, it is going to be hard for any centralized currency to have a strong hold on the crypto space. Secondly, there is no amount of research that can be done which will make crypto the same as dollar. I guess you are really mixing a lot of things up here and you still have so much to learn about the cryptocurrency space. This is a decentralized space; Fiat is another space on its own which is centralized, so they are totally not in the same category of currencies. |
|
|
|
Because the market down now , our profit in trading is decreased because only most of the altcoins are dump only some of them are increased. Im nit earning daily I earning weekly. You can buy more altcoins now with cheap price and sell with high price but you need to wait to oump the value again.
Yes, this is a normal trading strategy and simple to all users who are currently learning about trading and those who are already trading from several months will understand your words easily. Besides all these thing you need to be very specific with the price, it is not like if you are trading weekly then it is the right timings but the price may increase on the next day and I can sell for profit without waiting for a week. |
|
|
|
bitcoin prices have not been experienced lately, there is the price that is most feared is the price reaches the lower level until 6k or more this is what many people fear, we hope that with prices like this is not achieved.
The lower area is most fearful for those who have already invested here in the Bitcoin will be more worried about it. On the other hand new investors will find it heaven to invest freely without any high cost rates as it is well available and affordable on low price. This cheap price availability made it favorable for new investors and I think that we should not get late because the price has started to increase from yesterday. |
|
|
|
Actually, I do not think bitcoin will have a big change this year, which means altcoin is going down, I think it's best to keep the bitcoin and wait for the altcoin to fall down.
Even if the change in the values of Bitcoin is not so obvious this year, it is not a big issue. One should always invest as long as there is a prospect of future profit. Besides, the market level of Bitcoin shows clearly that it will be the future of cryptocurrency and the spread in the scale of the technology is endorsing the investment decisions. So from the pint of view of an investor, whose only purpose is to earn, investment in Bitcoin is the lucrative opportunity right now. |
|
|
|
So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
If this scenario will occur again, I will buy more once i have more funds and hold it for a long time period. Like when you invest in bitcoin, this coin is obviously intended for long term Investment, so for the better profits we must be patient by holding it long. This is the strategy normally applies by the monetary economists but the current involvement of technology in the business is changing so many rules. IN my opinion, it is one heck of a chance to invest right now. Because a reduction in the market value of an asset does not results in the reduction of the potential in the technology. Besides, in the initial stages, when the marginal profitability by the asset is very high, investment is encouraged a lot. |
|
|
|
I think the best coin to buy at this time is bitcoin because bitcoin has a very expensive price and has a very limited total supply that makes the price of bitcoin can be very expensive and can provide benefits for you.
I also go in favor of Bitcoin. It is one of its kinds and has been quite reluctant towards sharp changes in the market values. The price is still around $6300 and it is a great opportunity for many people who want to invest. If you look at all the current projects and coins in the market, the only coins with good market status are Bitcoin. About ETH, i would say that it will recover and still has the same great project. The technology has however gone into a phase of recession as a result of which people think ETH is history. If we keep this concept of market recovery in the mind, the ambiguity regarding the market failure will get replaced by the concept of margin of profitability. |
|
|
|
|
Show Posts
