I strongly doubt that bitcoin can reach $ 10,000 within 5-7 days because bitcoin is still no sign of bitcoin going up. and I think by the end of January the price of bitcoin will remain at the level of $ 7k. but these are all predictions that can be right or wrong. it is very difficult to predict the current price of bitcoin because the market is very volatile can go up and down at any time.
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yes now is the right time to buy bitcoin because the current price of bitcoin is quite low. if we buy and sell bitcoin at the right time then surely we will benefit. and in my opinion if you are a newcomer to the cryptocurrency market. you should make a long-term investment. because the risk is lower, short-term investment has a big risk and requires full attention. and before investing you should do research and make a profit target that you want to achieve.
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I will continue to survive in the cryptocurrency market. there is no surrender to invest in cryptocurrency. because I already feel the benefits and advantages of the crypto market. and for 2020 there will probably be big changes to bitcoin and altcoin because in May bitcoin will be reduced by half. hopefully this will have a positive impact on the crypto market. and although for example after bitcoin has been reduced by half but bitcoin is still not experiencing an increase I will still decide to hold on and wait for bitcoin to pump high.
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I think the crypto market is currently on a downward trend because many predict that bitcoin will dump again before it halves in May. and in my opinion we will enter the bull market after bitcoin is reduced by half. and in 2020 there will be a lot of big things happening like the launch of ethereum version 2.0 and the launch of facebook libra coins. hopefully this can have a good impact on the development of the cryptocurrency market.
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I don't think there are any good signs about bitcoin yet. because today the value of bitcoin actually dropped to the level of $ 6k. and I think at the beginning of this year the value of bitcoin will continue to decline. and maybe this situation will continue until March. bitcoin will be reduced after half in May. means maybe bitcoin will pump high by the end of this year. this is just a prediction that can be right and wrong. it is very difficult to predict bitcoin price movements.
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in my opinion, even if we change the economic system to be cryptocurrency based, it will not make crime disappear. crime will always be in the fiat economy or cryptocurrency because scammers always have a way to be able to take advantage and deceive others. and in cryptocurrency there are big traders and also small traders so rich and poor will also remain in cryptocurrency. cryptocurrency is not the solution to all economic or social problems
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I agree with you op before bitcoin halving day arrives there will be a big dump. and maybe bitcoin will go down to $ 5k. and I also think this is the work of the popes who want to make the price of bitcoin go down and they can buy more at a cheap price. the big bitcoin traders will definitely try to collect more bitcoin so that in the future they get a big profit. we as small peddlers do not need to panic stay and hold until bitcoin bull run again.
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investing in the cryptocurrency market requires patience when we are in the bear market as it is today. and as a result of this bear market almost altcoin altogether has lost its value. if I don't have patience then maybe I have sold all my altcoins. until now I still hold my altcoin and hope that this year the altcoin market returns to green and the coins I hold can pump. and I think altcoin will pump after a bitcoin bull run. and we don't know when that will happen? therefore we must be patient and wait.
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yes I agree with you I also think it's quite difficult for bitcoin to reach $ 20,000 this year even though bitcoin has been reduced by half in May. My expectations for the price of bitcoin this year are not too high. I hope bitcoin can reach the price of $ 14,000. I am already happy. if now we buy bitcoin at a price of $ 7k then it goes up to $ 14k i think is quite profitable. hopefully by the end of this year bitcoin can reach $ 14k - $ 16k this is the target that I want to achieve.
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actually in my opinion in 2019 there is nothing special that happens in the cryptocurrency market. the crypto market moves as usual up and down. and I think it tends to decrease. bitcoin had increased in the middle of the year but then continued to decline until yesterday yesterday the price of bitcoin was stable at the level of $ 7k. the good thing I got in 2019 was that I could increase the amount of bitcoin I had by working on the airdrops project.
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yes I also think that bitcoin and cryptocurrrency will not threaten the global financial system. because cryptocurrency is decentralized, nobody controls and is not influenced by world political and economic news. so that if something happens with cryptocurrency it will not have an impact on the global economy. so that if a country adopts or legalizes bitcoin it will not threaten the sovereignty of the national currency.
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my experience in 2019 was quite good because I bought bitcoin in March when the price fell at $ 4000 then I held it for several months and when in July I decided to sell it at $ 11000 which was quite profitable. but my income from the ICO project dropped dramatically because some of the ICO projects that I participated in did not make money or scam. but I am grateful for everything that happened in 2019. hopefully in 2020 bicoin can pump even higher and make the altcoin market green again.
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happy new year 2020 for all users of a bitcointalk account. 2020 is a special year and awaited by all cryptocurrency holders. because this year bitcoin will be reduced by half all waiting whether after half the bitcoin will pump like the previous year or not? all bitcoin holders certainly hope that bitcoin will pump this year. but the market will determine whether bitcoin is pumping or not. and to welcome this bitcoin halving day we really should not sell bitcoin and keep holding it until bitcoin is pump.
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YouTube a few days ago removed a video related to cryptocurrency and Google a few months ago also banned cryptocurrency ads. I think Google is not interested in making cryptocurrency. and for Facebook, Facebook has announced in June that Facebook will make a cryptocurrency named after the Libra project and the Libra Coin plan will be released in 2020. But at this time Libra still has not received permission from the United States government. so we just wait whether libra will be released or not?
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yes you are right op for the time being we really should not sell bitcoin. we have to hold on to it until bitcoin is reduced by half and the price is pumping. and usually this long-term investment strategy is carried out by people who don't have much time to focus on cryptocurrency. but for people who have a lot of time and rely on crypto as the main income. then I think short-term investment or daily trading will be more profitable.
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analyzing the graph and seeing the state of the bitcoin market really needs to be done before investing in bitcoin. but the existence of technical analysis does not mean we can predict the price of bitcoin correctly. bitcoin prices are very volatile, not easy to predict, it can change drastically at any time. and in my opinion bitcoin will start to increase in March 2020.
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in my opinion there are some hot topics 2019 that are often discussed in this forum are: 1. discuss and predict bitcoin halving day in 2020 2. about blockchain technology today more and more countries, companies and banks will adopt blockchain technology. the president of china also gave a statement that he supported the blockchain. 3. altcoin which continues to decline. 4. And finally about Craig Wight who claims to be Satoshi.
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not only for days over the past two years we know that the altcoin market continues to decline. the top coins also lose their value. and I think this is the result of a bitcoin major coin decline and the number of altcoin scams is making the altcoin market worse and making investors afraid to invest in altcoin. so for now it is indeed better to invest in the top 30 altcoins because even though this time the value is also declining. but there is still a chance to rise in the future. because the top coins already have a large community that won't crash easily.
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during the month of December some bitcoin holders always predict that the price of bitcoin will go down. because many people will sell their bitcoins for Christmas and New Year celebrations. I think this statement is not entirely true. because even though there really are people who sell bitcoin for Christmas. but it will not have a big impact on the price of bitcoin because the amount of bitcoin sold is not large. and I think the decline that occurred in December is something that is common in bitcoin fluctuations.
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I think bitcoin will never replace fiat money. although bitcoin has been proven to provide great benefits but it will not make the government legalize and support bitcoin. because bitcoin is decentralized and the government doesn't like something that can't be controlled. and in my opinion if in the future the government wants to replace fiat money with crypto then surely they will make their own crypto which they can control.
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