The closest mainstream adoption that's about to come is the Bakkt.
Lot of rumors came out and speculations that this will trigger the bull run. Not yet confident unless we see it face to face on how would the adoption be.
Adoption as already started, 10 years ago very soon. But the process was and is progressive. I think we still need a couple of years to see mainstream adoption. 10 years ago? isn't that bitcoin was launched year 2009? so there's still no adoption by that time because there is no bitcoin to adopt. Few more years for institutions to adopt bitcoin and accept that bitcoin isn't something that they can ignore. And that can be the start of it when Bakkt starts. Yeah, soon it 10 years ago, in January. Adoption since then. But not massive, we still need more time. That's agreeable mate, it really needs more time to go before we feel the effect of speculations positive results. I knew more people adopted cryptocurrency, but I think some of them were into hibernation due to bad market. These group of investors is not yet active for they know they won't achieve huge profit while market has recovered. |
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It seems that there is a wiggling on the market. But it is too early to see this as an indicator of bull market. In December, we may see stronger ups, but that doesn’t mean a bull market.
Hopefully we will see this coming year end month of December mate, because everything has gone frustrated right now due to bad market. But I am still thinking more positive scenario to happen and with that expected pumps which will bring consistent and fast changes of the price, we need to consider our emotions. Bull run only happens when more demand will take over the marketplace, so it will boost the price increase as well. |
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Purchasing and selling are not only a shock shopping and selling for the short period of time. We show extra time and opportunity. This is more profitable strategy. Even for a green male or female, they can play the right time during the time of buying and selling.
Deciding fast of buy and sell isn't just the reason why we're trading at our best, but you have to consider also the efforts that you've been allocating for. This was the reason why we're facing such problems right now in the market, more volatile price occurred despite of recovery period. We tend to be more panic instead of developing courage. |
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Fake news and so many of youtube channels generally makes a person confused about what's really going on leaving the actual scenario based on technical analysis.Recently we had seen a stagnant market and then a false flags formed,and people are really hoping for going to moon.
That no way sooner.So its always better to do your own research and follow the technical charts and analysis,history proves that after a long/big dip the bull run starts.News can be faked but not technical reasons.happy trading all.
This is one big problem of trading the news, people say all the time that it is important to watch the news about the coins in which we invested but the issue is what news to follow and from what website? In theory it seems like a very easy thing to do but it is not until you try to implement the strategy when you realize how difficult it is to be profitable with it. Yes its very true my friend.Its more safe to get your own charts ready with rsi,macd,convergence,divergence etc many other factors and then decide.Hurriedly making any decision will be very dangerous.Moreover so many scams/hacks and anonymous whales moving crypto adds to more panic making the crypto market more volatile.I generally never go for much profit and at present btc left right moving swift trading suits me best.I am not hoping to see the bull run for next few days.Normal trading theory won't be very much applicable here.So its always risky.And with risk comes profit.Good day all.Happy trading. The price actions will have a very exciting scenario which will bring fort an assurance for our holdings to grow faster. Trading through the news updates isn't a recommended type of reference. We should act independently so that we will be able to avoid that feeling of emptiness, because that would rather make your regret during the times of downfalls. |
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I think crypto currency is used widely now as an investment option, so i think the government should just tax it as an investment option. I myself think that the government should have a cutnon the piece of the crypto currency pie so that the government xan protect the interest of the hoders of crypto currency.
That's for security purposes why the authorities implemented it, but this wasn't general yet. Some countries has no regulations and taxes for cryptocurrency. I think some planned for regulations but not yet established due to some conflicts of crypto operators, who hasn't yet doing well on their business. |
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So it's been pretty clear for a month now that the bear market is over and we are in the accumulation phase between bear and bull markets. When do you think the next bull market will begin? I see two possible scenarios, either it starts in November with the release of BAKKT and because by the end of October the price will have clearly broken through the bear market downtrend line, or if the market isn't ready for a bull market yet it'll just continue trading sideways until perhaps January or February at which point we'll see a pop up to $7000s and $8000s to start the bull market.
My conservative guess is February, but my hopeful guess is November.
It seems everyone is expecting a November bull run to happen, but in current scenario I really don't see it happening unless suddenly there's mass adoption once again, or the hype kind scenario once again is repeated when futures were coming. I'm not really aware Bakkt but I'm reading mixed reviews regarding it, if it'll be good for bitcoins then it's more than welcome. I'm expecting 10k by Q2 of 2019. Indeed I expect that would be happening this November, and as the current dips of the value goes on more demands will be arising soon. Don't rush your holdings yet, because you will regret everything if you lose it will cheaper price in the market. Be strong and hold on your assets in order to gain a better profit soon. |
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Market is stagnant due to the extreme bureaucracy in the crypto exchanges, which became worse than banks for the purpose of trading.
Yes I observed that worse scenario of crypto and I also had bad days to that mate. I need to focus on holding my funds, because one day there will be a better and unexpected surprise to happen. I know this was just a part of our challenges in world of crypto, so face it and don't turn your heads on it. |
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for trading in altcoin you can enter the price when conditions are falling and it is better to buy when the bitcoin price falls because it is certain that the altcoin price will also fall when the price of bitcoin falls after that you can sell it when the price returns high, so far I only use the method it's for trading and can get profit every day because I buy not just one altcoin but buy some potential altcoins.
What is even mostly important is to understand what you are doing as a trader and have the solid knowledge when it comes to making a trade. Without that, no matter what, you cannot thrive. It is a very volatile market, and altcoins are pretty volatile, but as long as you can identify long term support levels, look out for reversal signals, and then not forgetting that stop loss is important as you know that bitcoin giving a negative vibe can affect the whole market pretty fast, then you will be fine but if you have no strategy, it would be hard. This is very important many new traders have only some ideas about what to do when they begin to trade only to find out that things are very different, it is very easy to look at a graph and say I should have bought at this low point and sold at this other high point, but when you are live trading things are never that clear and if you have no knowledge about how to trade you are going to lose your money really fast. Whatever it takes losing money in trading will always have the same with others experience. The important thing about it was to trade while the market was not having problems in terms of demand. Don't expect any surprising rewards for it but rather think a brighter future once the holdings you had will gain successful pumps. |
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Many coins are still moving fast, try to check the value of the coin that has dropped so sharply, then you observe 2 days, there will be a big change from before.
Even this dropped drastically, the situation recovers so well after all and I hope that this will become progressive before December come. Many people tried to be patient enough but we can't prevent panic seller to dump their coins steadfastly upon looking at their day tradings badly. This won't happen if everybody act responsibly and won't expect a quick profit, since market behaves badly everyone should learn maturely than before. |
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Coinmarketcap website could help us find out or research for the most pumped coins. This will give us a good analysis, based on how the percentage of the changes really matched on our preferred monitoring. You can also user other apps like blockfolio, together with other type of android apps which will be also helpful in gathering better price update, so you could set a currency which in line to what country you reside with.
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Diversified investment could help you to minimize the risk involved in investment. let's take an example of crypto investment.
for example -- You are investing 1000$ in single coin is more risk than diversify that money into parts for investment like 40% in ETH, 20% in EOS and rest would be in Bitcoins.
Diversification gives an investor the chance to achieve positive returns in one market when another market is generating negative returns. It helps protect your capital from the wild swings of the market. It's also a best strategy to take only a small percentage of capital for a single trade and then splits that again in some parts for different entries and take-profit-levels. |
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This has been the most commonly applied strategy in order to reduce risks and huge losses. Holding makes earning more secured and safe as it helps to gain profit. However, it needs appropriate timing and thorough knowledge. Market keeps on moving highs and lows, and it's important that we stay up to date and be informed to determine what approach to take in times of crisis. Nothing comes easy, it's best that we know what we are dealing with and be committed to it.
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This year has been a bit challenging for bitcoins as well as Ether to survive. Bitcoins are facing a quite low price now and also i think that most of the investors have taken their money off bitcoins. Here is the graph showing us the price for bitcoins from 2009 to 2017  We all know that bitcoins really pumped a lot in 2017 but from the starting of 2018 bitcoins are low. A lot of FUD was been created and bitcoins really faced a lot of difficulties. Price for bitcoins at the starting of 2018 has been low similar to the year 2017. I really hope that the price for bitcoins can again show us immense growth as it showed in 2017. Because you are comparing to the Bubble price of 2017 lol Why not try to look years back and the made a comparison about the normal prices of cryptocurrencies? It will be quite obvious that 2017 achieves $20,000 whe the market are bubbling and now that were back tp business then it is unfair to expect another bubble There can be minor correction in price but let's face its real nature that it's a normal trend. There's no single factor that affects the price to fluctuate. Market has its ups and downs, it's very uncertain and uncontrollable. However, I'm still very hopeful that there's a big chance for market recovery. Let's stay positive, patient, and to never be scared of fear, because it teaches us how to think wisely and creatively. |
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It was not faire, because of ICO prmotion must be major part of all projects
The ban has been revoked actually. Although the ban on ICO remains and there's really no blaming facebook for their decision. It has been well known that many ICO out there turned out to be scams. Due to ICOs being an unregulated means of crowdfunding, a lot of people took great advantage of it and scammed people left and right. Some even resorted to identity theft, using other people's name and posing with their professional credentials. Perhaps until there comes a disruptive implementation of ICO standards, we won't see facebook allowing ICO promotions on their platform. Facebook is one of the most popular networking sites. It is valuable to create a brand, can be the best platform to create and promote projects or advertise business. It has a wide coverage all over the world, it connects people from different walks of lives. However, if it decides to ban ads for bitcoin, then there's nothing that we can do about it, that's how it works. Bitcoin can still work and grow, it is not dependent on Facebook alone. But let's not lose hope, we can still be the media to others and promote Bitcoin and ICOs. |
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Now that the whole market condition is highly disgusting and discouraging, what attitude do you think both investors and bounty hunters should have? In my own view, I think there is a need for optimistic attitude. Many are pessimistic as to whether crypto market will I ever recover. Many crypto lovers keep asking themselves will crypto market ever recover? . The way I look at it is that we need to be highly optimistic for a recovery for better profit making. I don't know if you agree with me.
Please let me know your opinion.
I am a keeper and an optimistic attitude is suited for me, I truly believed that the dizzy condition of the crypto market will test my endurance to keep calm and be patient, I am not looking for what is happening now but rather loading stock in my bag for the preparation of the bull run. Positive thinking can help reduce stress. Considering that cryptocurrency is risky and very unpredictable it is best to stay positive inorder to be able to think and decide creatively. Positive thinking helps with stress management and can even improve ones health. Optimism is a key part of effective stress management. |
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I would urge everyone holding bitcoin at 14k to hold those coins tight. Check the history of how bitcoin prices react and you would have more patience and hold it. The market wants you to sell off but do not
I really feel bad for those young blood investors looking for moon in one day who entered the market at 14k USD/BTC. This is what happens when you dont do proper research before you invest. It was evident at that time that a dump would happen sooner or later and crypto prices would plummet. But what can you say to those who are hungry and greedy to make cash and not willing to understand the risks?  The current market situation is quite discouraging, and this bearish market has dragged on for quite a while.
But strong currencies like BTC, ETH would eventually bounce back, and rise in a more favorable market.
The top 10 altcoins except Bitcoin cash will eventually recover and start rising. The only thing bag holders should do it keep holding them and plan an exit strategy once the green wave starts. What you stated at first is one of the major issues why the market is the way it is and the main reason why it is more of a speculative asset than a currency with real life usage. Virtually, every new investor is greedy and looking for ways to get rich overnight, forgetting there is a process to everything. Because of this mindset, they obviously will not even consider getting to know the risk aspect like you said, and all they will ever care about is calling and expecting the moon like the market should just perform some magic. Failures are part of success, life is unpredictable, but let's be aware that volatility is part of market growth and in generating profit. In times of fluctuation, don't be discouraged, it's a normal trend and market can certainly recover. Don't lose hope, stay positive, be patient, continue to explore new ideas and in enriching knowledge and experience. |
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We need to understand all the risks and have enough patience before investing in cryptocurrency.
Impatience is only poems and you need to skillfully observe the market. You will lose money without it. Boy, see that he did not know what he was doing ... Exactly! We need to embrace the reality of cryptocurrency and be prepared to be part of its community. However, I don't think it's dangerous, it's all about mind-setting and displaying the right attitude in responding to life crisis. It can be risky, but our patience, positivity, determination, and passion can be of great help in order to succeed and survive. |
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Actually we can also spend more useful time than spending time on bitcoin. It's just that people prefer bitcoin because it's more profitable and easy to participate in it. It's worth spending time in Bitcoin because of its potential, it's valuable, and profitable. It can be the venue to start earning extra income even without having big capital. But it does not only about winning the game, we should also be aware that we need to work hard for it, be aware of its nature, and learn to manage finances and its risks factors. I believe and still very hopeful that it can potentially grow and continue to gain the interest and trust of the public. |
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Everywhere you can find cryptocurrency topic especially ICO projects are doing well on the marketing through social media like facebook, twitter, reddit, linked, youtube and etc. Celebrities, influential individuals and high ranking government officials are talking about cryptocurrency and that is why i think cryptocurrency is a trending topic all over the world. Do you agree with me? Even haters help cryptocurrency to be known all over the world so let just leave the haters then.
I do not think this is surprising. Considering cyrpto currencies have been going over trillion levels back in December that is a HUGE number. For that much money invested in something new with tech based backing and people giving it value, it has news value. With those news value more people get into it and we go into a cycle. However that can be bad too because with bad news of price going down more people go out as well and we get into another bad cycle. We go up with good news and go down with bad news. With each passing day, cryptocurrency has becoming more known and is getting the attention of the public. It may sound strange to others, with different opinions, but if they take a closer look and understanding into it, they will realize how valuable, helpful, and profitable this technology is. It has so much potential that can change the quality of living, and also the great opportunities it has offered that make it popular. I'm very hopeful that it can potentially continue its dominance, with its wide adoption in the global market in the long run. |
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Bitcoin in Indonesia is not legal yet, all buying and selling activities must use rupiah. In the past many sellers offered payment with bitcoin, now they can't. the government has given regulations so that all trading activities must use the rupiah. will this be a negative or a positive impact?
I think theres still no final decision from the Indonesian government regarding to te regulation of bitcoin. But, as long as i know, the governments only warn the Indonesian people about the risk to jumped in the crypto market. Well, maybe it can be a negative impact for some Indonesian people that already join the crypto market. Yeah there is no rule of thumb at the moment, the government only says to be careful in using cryptocurency, they just say that this investment is very risky and all risks are borne by everyone, there is no prohibition written in Indonesia Reality says that bitcoin is still not available yet in all parts of the world. Its legality depends on countries polices and regulation. However, this does not totally affect its potential and performance to deliver excellently since it's still functional even without other countries. It is not dependent in one country alone. Let's all be hopeful and positive that it will be widely accepted in the future and more will be educated to learn about the technology. |
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