It's funny we see guys who always talk about the same shit .. Altcoins of 2016/2017 may be up but overall I prefer to go on new altcoins / lowcap / shitcoin, rather than old stuff that have already pump very very high and who crashed!
Good luck for the next bullrun but you have to think about working during the bearmarket, not just holder without asking questions and without analyzing the new hypes to come! People are hooked to their altcoins like a monkey at his branch!
It is always the same story, people attracted by the promises of the great profits that you can make in this market try to invest in it and they invest in all kind of coins that really do not have any future and that only exists to allow people to speculate with them. Most likely people like that are going to lose their money very rapidly since it is impossible for each person to be lucky and earn 100 times their investments, after all that money needs to come from somewhere and it comes from the pockets of other investors. |
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It not possible to control BTC it's truly internet currency( virtual currency ) it can't be controlled by any particular country, they can only do one thing SELL if they sell their BTC, it will be price dump 😂 Other then this they are not able to do anything
And in order to do that they need to buy bitcoin first, so they will have to become participants in that which they are trying to destroy, so governments are facing a big problem which is not easy to solve, in fact the easiest way to solve this problem will be to back their fiat currencies with gold and to stop printing it to the point that it could disappear so they could gain the confidence of people again. But they are never going to do this because they feel too comfortable with their fiat currencies and the power that allows them to wield. |
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Mining would actually have been a better deal for one to make consistent inflow of income, but the issue is that mining posses its own risk and demerits which could be complicated and requires technical knowledge. Having to deal with the issues of computing power, energy and obsolescence of ones equipment is not an easy task and that explains why there are very few people who are into mining as against those into investment in cryptocurrency.
Each activity has its own set of problems, for people like us mining may seem to be a very complex operation of which we do not have an idea of how to manage it, but trading and investing are not easy at all, if anything it could be argued that trading and investing are even harder. Since there are many studies that show that the majority of traders and investors lose money instead of earning it despite all the efforts and time they put into trying to make money out of that activity. |
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Alt season is sure to happen but no one knows when it's time. like most people predict a BTC price of $ 50,000 but no one knows when that will happen. but my personal view of the Alt season will occur if the BTC is bullish and reaches a new ATH. because I also looked at the 1 week timeframe for Alt that was already at the bottom and was just waiting for a big pump.
However it is also important to discern that even if we know the altcoin season will at some point happen in the future at the same time I think we are going to see a different kind of altcoin season. In my opinion the next time this happens we are not going to see all the altcoin market going up, what we are going to see is that the growth will be concentrated in the top coins with a few promising altcoins gaining a huge value as well, but the rest of the altcoins will even lose value as the altcoin season gains strength. |
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Let me ask you a question OP: what do you think about those that invested in Bitcoin and became millionaires after some years, do you think they are fools as well? Because my life changed for the better when I started investing my money in Bitcoin. So, does that mean that we are all fools? Lol. Well, I'd rather be than be someone who is broke.
Nobody is forcing you to be part of this, no one is forcing you to invest in Bitcoin, it's your choice. And no one forced you to be part of this community, but you still came here. I know for sure that you invest in Bitcoin, but here you are calling people that does the same fools, lol, which you know for sure that you're one. It's not a good idea man, you shouldn't say such about people when you know for sure that we all are not the same.
There are many newbies out there that are making the mistake of investing in something that they do not really understand, so even if they invest in bitcoin and they have definitely selected one of the best investments that a person could make since they do not know anything about it, it can still be considered to be a bad investment. But for the people that have been in this market for several years and know very well what they're doing bitcoin is by far the best investment that they could have made. |
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If you want to become full time trader you should have other sources of income because if you do not have any other sources of income then you will be pressured to make money by becoming full time trader. What if you lose your investment? How you will pay your daily expenses? Consider the risks before you make a decisions.
This is something that many never consider when they decide to become day traders, the psychological pressure that you are going to feel when you are losing money in the markets is going to be many times greater than the pressure that a day trader with another job feels. Because now you have no other way to make money but to beat the markets, something that is very unlikely because as we know the majority of traders never make any money, so anyone day trading as their main profession is taking a huge risk. |
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Things are even worse at the moment, ETH has lost a lot during the last week and it does not seem like it would come back so easily. The whole market needs a huge push, but I do not even know what is going to provide it.
Markets are extremely complex and at the same time extremely simple, the only thing that is needed for this market to recover is money and those that have the money to make that recovery a reality are only going to invest in this market once they are absolutely sure that they are going to get profits with that investment. And there are only two options for that to happen, the first one is that the price crashes to levels similar to what we saw in 2018 and the second option is that we begin to see important developments in the most important coins in the market. |
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How to take advantage BTC Pump and Dump in short period?
We should not do so because it is a risky action for ordinary speculators. we should only deal with the trend. but a trend reversal will have a low probability of accuracy and we will be more likely to lose. I have tried many times to catch the top or bottom of the BTCUSD pair to execute Short or Long orders, but I have many times failed even though the indicator is very clear. so don't try to be greedy, it just makes us lose more. You only rely on the trend? what happen if there's no trend for that day? Meaning you will not earn right? So better know how to work with it so that we can earn on the fundamentals if we want to spot the correct dump and pump scheme with bitcoins although the market is unpredictable but still we can earn with it and gain a huge chances since we know how to do a counter action when sudden changes appears. There are several ways to trade the markets but no matter what style you use you are always going to depend that the price trends in the direction that you predicted and if that doesn't happen then you do not make money and this is true for all traders. That is why it is so important to spend all the time possible that you can to try to increase the accuracy of your predictions that way you will get a lot of confidence when you make your trades since you know that you have a very high chance of winning that particular trade. |
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As you known,the price of Bitcoin have been reached up 12K$ in June. And with your experience, could you share the opinion about the price of Bitcoin in November or 2019Y? I think it is 9K in this month and reach 10K in last month of this year  were leaving the month of november and btc price went down to 7000$, i think bitcoin might go down a little bit more maybe 6500$ before it fully takes off to 20000$.just a wild guess but who knows. You correctly predicted the bottom since we reached 6500 before the price rebounded let's see if your prediction about bitcoin reaching 20000 holds true even if I doubt it and you think the same, it seems to me that will finish this year between 8000 and 9000 which is not really that bad if you think about it. Especially when during the next year we're going to get the halving that has the potential to push the price up during the next year. |
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I think this is the right time for us to invest in the cryptocurrency market. The market has begun to show signs of growth, but now the price of Bitcoin and most altcoins is still very low. This is a good opportunity for us to buy Bitcoin and Altcoin and cheap. Many sources indicate that in the near future the market will grow and prices will rise. I believe long-term investment in the market will bring us a lot of money.
You need to always be very skeptical about what you read, I say this because most of the time those that are making the news are not impartial about it, they have a goal and in many cases their goals run contrary to your own goals. So it is important that instead of relying on the news that you read on the Internet you use technical analysis to try to tell what the price is going to do during the next days or weeks that way you don't have to rely on anyone to be able to tell what the market will do. |
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During many ICO have been scam with lower price after listing, many people think crypto are global issues scam and look ahead with bitcoin and altcoin most terrible scam investing, how ever fault mistake by investing on ICO or IEO have contributed giving opinion to many people with scam crypto, although bitcoin and altcoin is never scam but after ICO have lower price people claim bitcoin become scam.
Users need to understand that ICOs have no relation with Bitcoin or other established cryptocurrencies. It is true that some of the well known and most popular altcoins came in to existence through ICOs (Ethereum and TRX for example), but the recent ICOs have diverged a lot from what we had during the 2015/2016 period. A boundary must be drawn between the earlier ICOs and the recent ones. Things have changed dramatically, when icos were first created it was nothing but an attempt by good developers to get some funding for their project. Basically you had some of the most brilliant minds in this market with great ideas but that were unable to make them a reality because they lacked money but since 2017 we are seeing something completely different most of those that are organizing icos do not really have any experience and do not have any idea what they're doing they just want the money and don't want to do anything for the community |
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Nothing is happening at all. Altcoins are silent and if there are some news, they are likely falling even deeper. BTC dominance is now the most important factor, and I am attending to sell alts and buy more Bitcoins, because it is not even funny anymore.
While it is true that the market of altcoins is not showing any kind of positive movement at the same time if I was holding good altcoins I will probably not choose this moment to sell my altcoins in exchange for bitcoin. The bitcoin dominance is simply too high and at some point it will have to go down a little bit and if you sell now your coins it is likely that you are going to regret it when during the next months the price of altcoins begins to recover a little bit against bitcoin. |
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Stable coins are a great entry in crypto trading platforms as these stable coins always save you from a big loss and when you realize market going up then you can convert with crypto coins as per the platform trading altcoins.
Stable coins really shine when the market is going down, anyone that was able to sell when the market was going down during the previous days saved himself many headaches. And if that person had a good trading system and was able to buy at the bottom and bought when bitcoin was at 6500 then not only he was able to get more bitcoin for his fiat but now for each coin that he bought he has got a 1000 dollars in profits in a matter of days which is not too bad if you ask me. |
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its just news i dont believe news anymore but you can listen it for make some decision maybe.
since i always get fooled by news and never accurate i stop to believe them, it might be some trap to catch little fish by the whale.
who knows, its really news or already manipulated by somebody.
Don't trust the news, trust the product. For daily trading you need to be informed and to try to make good trades based on that, but for long run you don't need news, you can invest and hold for years, its best to forget about some coins, and to open that wallet in several years. Bull run will come eventually, there are no dates, it can happen anytime next year, or maybe the one after next year. If I would have to make some bets I would bet on 2021 and later, but its just my wild guessing. Investing based on the news is dangerous and the result can be a headache for the investor. If the trader wants to scalp in the daily market movements, having a separate screen for following the news, updates and another monitor for trading the day trades with various price indicators are required from my understanding. The bull market will come one day, that day can be next year or 1 week later too. At first sight it may seem like trading the news is an effective way of making money in the markets but when you begin to think about it a little bit more you realize that is not the case. By the time you hear a particular news it is likely that those that are the most powerful in this market, the whales, had access to that information way before you and by the time you try to make your trade it is already probably too late and it is impossible for you to make any kind of money from the news. |
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It is really unfortunate but you seem to have been hacked, while I understand your desperation those coins are gone and you will never be able to get them back. What you need to do now is to move all your wallets to a computer that you know is completely clean, generate a new set of wallets and send your coins there, we have seen many cases in the past in which hackers stole only a portion of your holdings and then after a few weeks they realized their mistake and stole everything they left behind. |
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I'm sure the next big rally will definitively be called Bitcoin. some people would say other blockchains have no value outside of what bitcoin can offer so people would sell altcoins for more bitcoin, but I believe like in 2016 and 2017, first we will see BTC jumping maybe to $50,000-$60,000 while the altcoins are watching sadly, then the altcoins will follow partly because of to those who made money out of BTC and maybe then will decide to diversify. although i think diversity does not apply much to BTC but some still believe even in crypto you have to diversify with other altcoins.
I think this is exactly what is happening, for a long time there was the belief that altcoins will be able to compete with bitcoin and that is why investors still put their money and faith in so many different projects. But I think we're coming to the point in which people are realizing that most likely bitcoin and only a handful of altcoins are going to exist in the future so no one is really wasting their time or their money with new coins which means that the next bull market that happens is probably going to be similar to what we saw during this year in which bitcoin gets the biggest growth of all the coins. |
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Imagine an electronic producer that pays $10,000 for 1 gram of gold, while in the same time a metal with better electrical properties costs less then a cent.
Imagine a trader who gives his 10,000 units of fiat currency X for the same amount of fiat currency Y, although the bank created X with his 5,000 square foot luxury mansion as a collateral, while the collateral for X was only Kia Pride vehicle.
Imagine an investor that pays $1,000 for a stock with a book value of $1 and earnings of $0.01, while in the same time he can buy a stock with a book value of $2,000 and earnings of $500 for the same amount of money.
Imagine a guy that pays $1,000 for the Cheeseburger while in the same time he can get the Big Mac for only $1.
The above scenarios would be crazy because no one would trade his thing for something that has thousands or millions time less utility. Nor would someone pay a thousand or a million times more money for the same or even worse thing. That is why the above scenarios are not possible in reality.
But... in the crypto world, they are possible. People are paying thousands or even million times more for bitcoin than for some altcoins, even though these coins have the same features as bitcoin. Functions and features of cryptos are pretty straightforward. Elimination of expensive brokers, lawyers, and other typical “middlemen”. Low transaction costs. Transactions are transparent, quick, permanent, and hard to fake. Cryptos that are priced below $0.001 have all these functions and features. But, people in the crypto world buy bitcoin that is priced above $7,000. They are paying millions time more for the same thing. Why they behave so irrationally?
Your problem is that you are assuming that bitcoin is just a technology and that it should be treated as you treat your smart phone in which as soon as you can find a better and cheaper deal you replace your current one. But bitcoin is as a currency and all currencies requires the trust of the people in order to function appropriately, what altcoins are missing is the trust that we have in bitcoin not only because it was the first cryptocurrency ever created but also because it has the highest hashing power, the best developers and the best community. |
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I still remember in the 2017 period, many businesses in my country were very flexible using bitcoin for bill-related payments, etc., Many service advertisements spread on social media convincingly, and also on hypermart.
But they were all surprised at last because regulations finally emerged. Many things about crypto are very limited by rules.
At present the implementation of bitcoin is only about how to use it as an asset that can be managed every day. As long as the bank has no problem with fiat/btc transactions, I don't feel any significant hassle.
This should be expected, when something is small governments do not really bother with it because they stand to get no profits out of it however once they begin to notice something is getting really popular that is when they begin to try to regulate it. And during many years governments thought that cryptocurrencies were only for a few computer enthusiasts but in 2017 they realized that was not the case and that is when we began to see a lot more regulations been passed in most countries. |
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I don't actually post about typical pairs but this one caught my attention.
I think it's the time to buy bulks of TRX after it reach the all time low resistance.
It surely make more or less 300% upward before it reach March of 2020.
You could be right about the possibility of TRX going up in the future but I think that your expectations are simply too high for a coin that we know has received too much hype and it has grown way above their fair price. Also you are assuming that the next year is going to be great for this market and while there is a high chance for that to be true is also completely possible the price will not recover at all during the next year, are you willing to hold your coins for more than a year in order to see any profits? |
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I see that today the price of bitcoin has fallen, according to CoinMarketCap, to 7642 dollars. The whole cryptocurrency blushed behind it. I can’t even say what a fall means when a little more than a month is left before the end of the year. Nowadays, cryptocurrency market prices are being manipulated very often. Therefore, it is possible that this fall will be followed by its rapid increase in price. Or maybe there will be no growth. In any case, it is not very pleasant to see the Bitcoin price drop by the end of the year. We still hope for its growth in the near future.
many people say that the current price decline is the usual decline at the end of the year. however, at the moment the price of bitcoin is at $ 7100, and there is a high possibility of a decline and reaching the level of $ 6k. although this is not the end of the year, but it seems we cannot see the increase we expect this year. but, I just hope the price really doesn't fall to $ 6k. For a time the price of bitcoin went below 7000 as you feared but there was enough buying pressure coming from the bulls to make the price to recover almost immediately. But I'm worried if investors begin to worry about the price going lower than its current levels it is quite possible that we'll begin to see them getting out of the market and this could generate panic which will in return make this a self-fulfilling prophecy and I'm sure we do not want the price of bitcoin to go even lower than what it is right now. |
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