The very first thing that you should always put in your mind before engaging into crypto investment is the volatility of its market value which means bitcoin and the rest of cryptocurrencies are very risky. As an effect of plunging down its market value, it may be the reason too that will push you to sell your crypto holdings at a low price.
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I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
I don't think it will greatly affect the prices of cryptocurrencies if it is listed in multiple cryptoexchanges but i think its liquidity does. The more volume a cryptocurrency has, the better liquidity a crypto has, the faster for you to convert it into cash and trade it at a very reasonable price.
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If bitcoin can reach 10K midway through the final quarter, it will surely draw attention to others for them to invest and be part of the bull run. Good events will likely fall in place too following that surge by bitcoin and the more people get involved in bitcoin investment, the higher its market value also rises.
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As bitcoin reaches 5K USD making it the lowest price it had since it went on a surge to 20K USD last December 2017. It's the very good time to buy it in volume and that will result a bag full of very promising digital currencies that is really worth to hodl and can make you a wealthy man.
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That's probably what's on the mind of people who knows that there is money during crashes. The only thing that's important there is the money that you will use as capital for your investment because it will just be a waste of opportunity if you just let it pass without having bought bitcoin.
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That's because almost all cryptos depends on bitocin's market value. As a result of its pairing, altcoins' market value will eventually rise when bitcoin's market value also rises. So if you are in a diversified investment, you will really get a very huge profit if bitcoin will rise because chances are high that those alt coins you have will also rise.
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I really never thought that the bearish trend will continue until the end of 3rd quarter but surprisingly, bitcoin climb back to 8K USD in just about 4 weeks which is a good proof that the cryptoworld is welcoming the bearish trend already. Lucky are those who bought bitcoin during the dip for they will earn big if the bullish trend continues until Christmas season.
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Selling bitcoin now is the option of what everyone knows his needs. I anyway preffer to hold now until price will get way more, maybe to 30k$ i will sell
Earning from what you are selling is not stupid at all. In fact, that's the main reason why we do crypto investment - to earn profit. But if you are into long term investment, then it's really better to hold your bitcoin as long as you can to earn a bigger profit when the right time comes.
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It's been a while since bitcoin has stuck below 7K USD and it finally came the time that bitcoin breaks it and went on a surge that breaks 2 resistances as bitcoin has a market value of 8K USD already for the past couple of days until today. Once bitcoin hits 9K USD as expected this month, then it will be a good sign already for one of bitcoin's greatest comeback in history.
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That can be a factor of having a market price spike of a certain crypto especially bitcoin. Once you hold your cryptocurrency, it will give a stable market price in which new investors will buy it at its present price that will cause a spike when more investors are pouring in their money.
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As bitcoin breaks the 8,000$ resistance, i believe that the market has already recovered and this may be the start of the bull trend that everyone is talking about. For those who invested during the dip, i am sure this will be the start of their happy journey for whatever price bitcoin will be this year.
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Go crypto investment and choose only those cryptos that are listed already in the market. You can also participate in bounty campaigns found in this forum and make money by trading the bounty rewards that you get from them. There are actually many ways of making money but making sure that you're not into a scam is one of the challenges you will face when you are into crypto investment.
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It's already broke the 8K USD mark and i am not surprised with it already because i believe that we are already in the bullish market after more than 6 months fluctuation of bitcoin's market value. I believe others (those who panic sell their bitcoin) are really surprised thinking that bitcoin will never rise up again.
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History repeats itself every year and that's what i observed from bitcoin's histogram. It may look like bitcoin's market value is been manipulated for so many reasons over the years and here we are now again, bitcoin is showing signs that it will repeat its feat last year.
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There's nothing to panic if bitcoin is down because that's the basic attribute of bitcoin - volatile. If you are investing in bitcoin, you need to know first how volatile it is so you might be ready at all times when that time bitcoin goes down. Volatility is not only defined as the decline of bitocin's market value. It can also be defined as the rise of its market value like what happened today as bitcoin finally breaks the 7K USD resistance.
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Based on what i saw from the changes of cryptos from the last 24 hours, majority of cryptos are evidently having its market value increased drastically and almost all of the graphs are identical to each other. It may be the start of bull run as bitcoin has breached the 7K USD resistance.
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Cryptomarkets has declined its market cap in relation to bitcoin's struggles to keep its market value afloat as the presence of bearish trend is still felt throughout the cryptoworld. At least, bitcoin is showing us hopes as it battles its way up which give cryptomarkets a healthy look for now.
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No big deal at all because that's maybe for a short period of time and Bitcoin will reclaim its place again. As long as bitcoin is still in cryptoworld, it will surely remain as the most dominant and powerful cryptocurrencies of all time.
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Maybe there's a great effect to those people who like the things endorsed by their adored celebrities. It's actually a very good endorsement of crypto with the help of celebrities. But with regards to ICO, they only seldom use celebrities to endorse their ICO because they know how expensive to pay even in a single celebrity endorsement job.
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Countries that never have a second thought of embracing cryptocurrency and the blockchain believe that it can help their economy to grow. I have read an article too that one of these countries admits that their economic progress is improved because of the blockchain technology.
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