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Ahhh, I can only say anything can happen because no one in the globe can predict the nature of crypto currency. Predictions are a kind of satisfaction and Ray of hope to me, as far as I know BTC pumps once in three years like it is happening now also the price of BTC goes down after January had become common so I am not sure about next year.
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When you talk about Bitcoin first thing which most of us thinks either it's a get rich quick scheme or an investment scheme. Did Satoshi Nakamoto created Bitcoin as an investment scheme? No, it was supposed to be a peer to peer payment transaction across borders without involvement expensive money exchangers or regulators but it has been turned into an investment scheme, where are we heading ? Do you think Bitcoin is losing its original purpose of its invention?
To be honest it was created for p2p transaction but fortunately people made it as an investment channel, it's good to see the later one is profiting people more than the primary purpose and I would not blame people for using it for a different purpose since we have numerous altcoins for peer to peer transactions with lightening speed and very less transaction fee compared to Bitcoin. |
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This is a good question because I was very tempted to sell some my satoshis when price reached point of $19,000 usd.
But I did not sell and now I am regretting it big time. But I feel spending during Covid 19 is not a good idea either unless you do not have enough fiat money.
I do not think spending Bitcoin in general is good idea so especially not during Covid 19.
Do not feel sad and don't be greedy too, it's all fate we can't change the destiny forget about the past and wait for some time don't panic sell your asset as the price has went down. This is a temporary correct let's hope for a it will bounce back stronger than ever, if opportunities are missed it's pretty hard to digest but that's how the nature of crypto is built up. And yes I appreciate you for holding your asset during tough times like COVID-19 and now you deserve it. |
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For me, it's impossible for Bitcoin to create a new all-time-high this year after its rejection at around $19,000+ few days ago.
I am not negative on Bitcoin, I am just telling on what I can see on the chart.
I hope this correction will not go deep and will not last long.
I can only see this as a correction is happening and yes have a look on the chart where you can see the resistance level probably it looks like BTC will bounce back again, the momentum was very strong last week and now it's in correction period let's wait and see for few more days have patience and hope for the best. |
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XRP is a strong competitor in crypto market and once again it has proved the capability of this coin, as far as I know it will reach $2 by the end of this December this is purely based on current market trend. Some magical pump was really impressive and that's what users expect from powerful coin in the market. I believe it will boom again in upcoming days as well.
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BTC rise Sparks many debate amid pandemic the demand is increasing day by day and we are experiencing it's effect in price itself, it has gone way far away than expected and BTC already gave a shock in 2017 itself.
When it comes to growth you can have a look on daily articles like top corporate companies across the world ate all set to enter BTC that's the rhythm of this coin.
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There are peoples to blame for every innovation like the way they call BTC is used for criminal activities because the transactions can be anonymous and it can go anywhere from top to the bottom.
People want to see safe zone in crypto like banks and even they do lot of scams which people need to understand, wallet hacking, fake BTC exchanges, Ponzi scheme these are core reasons that people calling it as a scam.
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Anthony Apompliano co-founder at Morgan creek digital. Predicted bitcoin to hit 100k per one by the end of 2021 on a video with CNBC https://twitter.com/SquawkCNBC/status/1331560442188210176?s=19. This prediction is beyond my imagination but he made a significant point on buying bitcoin. If more people get their hands on bitcoin, this prediction doesn't look impossible to be sincere. If I'm asked: I think bitcoin reaching 100k should be by the end of 2024. What do you think? The fact is no one knows, human minds can calculate anything but to see the actuals we need to wait patiently. Hold on is my answer for everything dont blindly believe on what celebrity states we have a genuine example on the board 'John McAfee' As of now enjoy the current price and move on rather than believing celebrities it's better to make decisions on our own and even if we fail we can take it as a lesson think about it. |
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This is a great news for the small investment firm as well because the next step would be how to implement this for small Investment firm, BTC has entered the mainstream and grabbing attention from public.
Many thanks to the Australian government as they are very friendly to this digital payment system, well this will surely drive productivity in Australia and we can experience a rapid growth in BTC too.
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Many of the government are still ignoring BTC even now they think it as a Ponzi scheme because the price is phenomenal only the super power countries are accepting and accumulating this technology for people's interest. Banks are their first priority because they are benefitting from it by the way you can't expect the same in crypto that's the big difference I think in my point of view, let them have regulations but they should not BTC or another crypto.
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Another advice from me is " dont use your daily money for the trade " only use part of you saving money. Trading; especially day trading is unpreditable no body can give 100% prediction. Market is cruel and wild. Beware !!!
1. Do the right thing
2. Money Management
3. Dont FOMO
I agree day trading is risky but you need to select some alts which are fluctuating several times in a day well this will give you opportunity to buy and sell many times that's how day trading works. All you need to do is focus each and every moment of the market this will definitely help you to make descent profit everyday. |
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Seems like it will take some time as the market is slightly down but comparing to ATH in 2017 the price may go more than 20k this time because the volatility is extreme this year there are more possibilities to break 20k.
There are only slight price pump in the chart and it went down after some, fluctuations are not big as it happened couple of days ago so let's wait for few more days.
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My prediction for this run is 22k - 24k because after many hurdles BTC is going to reach it's all time high by the way this will not end up with the same price, surely it may rally and break all time high. I am not saying this will happen for sure but there are possibilities that's it, so don't be greedy have patience and play accordingly.
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this was the moment everyone was waiting for. the market is bullish and a new ATH will be reached soon.
I only have a few bitcoins, not many and will hold them until the price peaks. If bitcoin is at a stable price, this will also be an opportunity for Altcoins to do a price recovery. This is a boom that should not be missed.
Ofcourse yes, people want to grab this opportunity and make use to it after 2017 rally hopefully we are going to see another big price the next resistance level of BTC is 20k if it breaks this I am pretty confident the price will go more than 23k. Those who bought BTC for 20k deserves this chance because they were waiting patiently for such a long time and hopefully this time they will deserve it. |
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Since BTC captured the imagination of people there has been growing interest in crypto currency, while some of the government have recognized the potential of this technology many are avoiding to announce it has a legal asset. However this has not impacted the reputation but it's been a serious thread to BTC as still many are scared to invest I believe this issue will be resolved in couple of years and it will be made legal across the globe.
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XRPs tremendous pump continues, that's unbelievable just have a look from the past one week you will be shocked. I had full faith on this coin and this one is one of favorite asset.
Ripple broke through the weeks major resistance level and it remains in the Green trend, so the next resistance level could 0.75 if this goes well I am sure the price will go upto 1$ more happy news are on the way enjoy each and every movements.
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we have to fight our emotions when trading and investing,
don't follow panic sell if you want the target to be reached,
if investors and traders hold then we will see more Demand than sell orders,
this will certainly make bitcoin go up and there is no another panic.
If you are trading just enjoy each and every moment at this point of time short term investors are taking the credibility than long term investors. Trust me you can earn even in day trading as the fluctuations are extremely good that's the thing you need in day trading buy/sell for small profits and make as money as much as you can, BTC is giving multiple options now the choice is yours. |
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Usually the price of BTC go up in the month of December because of the festival season many of the investors use to buy crypto currency and I believe it will do the same this year as well, the price is already over the moon and I hope it will continue the momentum also those who are planning to sell don't be greedy you deserve it for what you have. Just wait for your turn and have patience.
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For most businesses and stocks it is a bad year due to the pandemic. People had the same thinking for bitcoin when the covid-19 spread began. Further the market encountered good growth and the same is continuing. This has caused the price to reach new ath in the past three years of time.
Big investment from institutions were stated the reason for the market bounce. Hope this growth gets carried forward, and now the prime focus of the users were the price correction. Once after the correction we can get an clear view on the direction of move.
Exactly, when COVID-19 started I was thinking how about BTC when days were passing I was literally scared because the entire share, stock, oil prices affected very badly especially daily needs stuffs. At that moment I thought BTC will go to $1000 honestly, but the output was totally unexpected and many positive announcement came across as well. BTC has already gained the momentum and the price may go upto 20k + in my opinion. |
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The amount people are buying is more than they are selling for some days now. Though the price looks a bit sideways, it's actually increasing everyday and hitting new high everyday. I believe the whales are preparing for a grand push which would be followed by an equally rapid crash. If you want to be safe, you can turn your coins to USD but if you plan to move along, be sure to have a stop loss.
Who's buying? Just for fun mate, it's the demand which has increased again and it happens normally in the last quarter but this massive pump means a lot to me because the price of BTC to alts have increased gradually and more over many of them are holding their assets and waiting to see some big change in the market and yes I believe it has already happened. |
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