Bitcoin is far away from meeting these objectives, and in my view is a ‘tulip’, a speculative, trading asset. It also seems to me that many people are increasingly happy with bitcoin being assigned this role, and much of the interest and eco-system that is developing around it underpins the role of bitcoin as a speculative asset rather than as a bona fide currency.
Well this is the first on the list buying bitcoin when price declined. Also to have bag in your wallet it is best to do your own research before we buy. No doubt about that bitcoin is growing the adoption is rising so best buy to the price that we can afford. Market is volatile let's also consider altcoins iin the top market for a better opportunity to earn profit. |
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Lack of knowledge and also not wanting to learn makes so many people who want to become traders have to lose money. it takes time to be able to trade optimally. this is not an easy job because here we are risking money. if without analysis we are only gambling on the market without having definite knowledge. Especially with the current price increase, I think many people are starting to buy for investment.
This is why others loss their money because of lack of knowledge. When we want to achieve something in crypto or we want to be successful we have to learn the process in order for us to earn. Yes trading is not an easy job because of the risks that price are volatile so above steps is imporant to apply a stop loss to avoid loss. |
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You're not the only one who have nothing when this bull run season happening. Other wishes to have more bag of btc and eth in their wallet seeing the current price reach all time high. Don't be sad make ways to earn some satoshi in your wallet. Even price of btc and eth will declined it will not that drop so hard. It is not too late to stacks some btc.
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There's a difference from previous year bull run and today. The market is bullish and many users surprised that price reach all time high up to date. It's been said that there are large instutions invest in bitcoin or adopt bitcoin that also cause of the price increase. We can say a long term since currently it is sky rocket in the market.
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Good for those who Hold bitcoin since 2013 that until now are strong hands able to stored bitcoin in their wallet. I have some bitcoin but not that huge so I'm still holding it also. Many assumptions that price of bitcoin may possibly reach to $100k this year. Looking at the current price it is over $50k in just few months so indeed btc to $100k is inevitable.
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It depends on the situation, if you have the enough time to spend on trading then go for it. In this way, you can monitor your trading activity. But if you want to have slow passive income, then it is better to hodl your coins. It is still better to hodl those top altcoins in the market.
Indeed it is depend on the situation of what coin you are holding. If the price of a certain coin is good then why not trade. Also how can you earn if you are just holding, take profit when you are earning. Just hold to the point that a project is good for long term. Choosing on the top altcoin is also a good move when entering the marker during this season. |
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The way its price is increasing at the present time, many people think that its price will go above $ 300. Do you think so?
that's not it anymore, BNB has even passed $ 300 which you doubt. waiting for a drastic and fantastic increase. the number of coins that want to work with BNB to make this coin to the moon Many users surprise that BNB price soar high in the market and already reached $300. If you are updated on this binance chain network there are many project adopts this platform. So no doubt this project is competing with other platform because some users prefer small fees when doing a transaction. |
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Anyone can trade without experience and knowledge but for you to become successful in your trading journey you have to learn how trading works. This is not only about to earn profit but also learning technical analysis which can guide you when to enter and exit the market. Experience is the best teacher and knowledge is for a lifetime without this it's like having a suicidal attempt of your money that will be a loss.
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There are so much complains about spending gas fees on ethereum that cost higher than the amount that you are going to sell. Checking in your screenshot I don't think it costs more than 1 eth, might as well to review the transactions since it happens in the network failed or error. This is also the problem I'm facing that I can't transfer my wallet because of this expensive fee.
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Many users surprise of how bitcoin price go. Also some people regrets of being weak hands selling bitcoin when it was cheap before. Looking at the current price they will feel regret for sure. This is the momentum that in crypto we can't predict the price. We experience this before the excitement when Bitcoin reached an all time high, so hope Op, still has the diamond hands holding bitcoin until now.
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Mostly people these days are into cashless because of the ease of use especially these days it's a big help to avoid spreading of virus. The convenience bring to people makes it easier to track records on how much you spend. The cons, cash can be easily lost. If we search the change there is an increase of usage of cashless. There is always an advantage and disadvantage of having cashless and not. As what others been saying it is how you adopt the situation.
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I also observe Tron didn't reach yet the all time high these days. Some project are already on the move in the market but Tron is still missing this bull run season. But I think it is not yet late, we will see a massive pump on from the soonest time, but hopefully, they will make some updates to the users to make it more adoption on this project.
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I mean what are you waiting for?? I don't know that you already invest or not. But if you do not invest yet, you will so regret your action.
That's why you must learn it by yourself and makes your heart strong to start invest. Never try to find a very dip price, because no people can do it. You just need to start to buy and keep Hold it
The market is volatile but if Op decides to invest before he makes gains these days. It is not late to invest because seeing the current condition of Bitcoin is on fire. The price is continuously increasing so just invest on the amount that you are willing to risks on crypto. |
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I think the biggest factor that caused this is the growing number of bitcoin users. In the past most of bitcoin users are traders who can make extreme price volatility but now more people and business who use bitcoin as medium of payment. Many new people come to buy bitcoin when there is panic selling. When more people come to get involved in bitcoin market it can reduce the price fluctuations. I think this condition is very good for early adopters because the demand keep increase while they already have a lot of amount of bitcoin.
This is called the adoption is growing that’s why more number of users are adopting bitcoin. If we also observe some institutions are investing in bitcoin which creates demand in this industry. Also the most question now until when we can see this bull run. So the volatility is just normal as we see the market is good because many users are enjoying the current status of bitcoin. |
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XRP = $ 1 indicates that its value will be doubled. I think there are many altcoins that can achieve this. XRP never gives confidence and I think it's still too dangerous to invest in it. Do your research, but I think you can find better altcoins to invest in.
Waiting for $1 just to sell Xrp could take a lot of time. The issues is still not resolve so the price could declined further in the market. Yes there are other coins to invest in and have a lot of potential so we should also not focus on one coin to invest in. Invest with potential coins and diversify our funds would be better this will bring profit more in our wallet |
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What I am interested about in your top cryptocurrency in your article are Dash and ChainLink. Link is I have in my portfolio, which I believe this project will grow this year. How about polkadot it is also in the top market. So good to invest during this bull run cycle which could bring profit in our portfolio so let's enjoy the train this year.
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Bad decision if we have to borrow to buy bitcoin, I remember being in that position very well. doubling valuables to buy bitcoin in trading on Futures. but there I suffered no loss 3 days after borrowing. It becomes the point where I have to be really careful about making a loan for investment. Moreover, the risk in trading or investing in bitcoin is quite high. it is something that must be considered beforehand
Some people trying taking loan to buy bitcoin just to earn profit or to cover loss of money. The more you borrow the more you can lose money. Also the interest costs of the loan makes it harder to pay once a person cannot afford to return the money. So there is a huge risks by doing this just to invest so before taking loans think twice. |
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Starting out with cash..? Does journaling truly help ?
Just don't get swept up by the hype and don't be swayed by FUD, that's the two of the most important things to avoid when trading Bitcoin or any crypto and most importantly, aside from those two, don't sell based on your emotion. Once you've entered a position, you should exit that position based on whichever strategy you have in place. If you hold a crypto (ex. BTC, ETH or LTC) and these crypto falls in value, you must evaluate the situation first before selling your holdings and yes, journaling really helps. This is true as a newbie never listen by hearsays and avoid such fuds when planning to invest. The most mistakes also by many is being rule by emotions. As a beginner when trading Bitcoin to always dyor before investing and journaling is a big help in trading. Plan when to buy and when to sell and always take on profit when happy. |
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Many users didn't expect that price of Ethereum will hovering over $1k this past month. And looking at the current price there is a huge chance that it will continue to increase. Lucky those who bag more eth since they are already gaining huge profit.
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The date is near so many assumes that Xrp will won its lawsuit by then there is speculation that price will urge to high. Well a lot of things could happen and still many who believe in ripple stacks some while it is low. So once the issues will be cleared for sure xrp army will celebrate that price could possibly may rise in the market.
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