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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The rise of bitcoin is happening as a result of more people getting into the cryptocurrency usage. Today the price of ethereum too grown high, upon which there is more chances of gradual price increase. The market progress is happening in a much steady manner. Even if some form of price fluctuation happens, surely the price will grow further. This time the growth is not as the previous bull market of 2017.
I am pretty confident the price will break the all time high, just a temporary drop in price doesn't mean it will go down from now, have patience let's wait for a while. As far as I know the demand increases most of the times in the last quarter as many of them use to invest in BTC when Christmas Eve nears and gradually the demand will increase and there are more possibilities to break the 20k barrier this time, just wait and see.
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Institutional money is flowing, and we can see the effect on the price of the BTC, many wonders will still surface in the next few weeks as I am seeing BTC not to put a rest at the 20k resistance.
With institutional players, there's a high chance that it can double the last time High. Knowing how this people thinks about investment, they wll keep the opportunities to favor them and let things to flow as smooth as possible to attract more new investors. Their involvement now will be the changing factors to how bitcoin will go further. It's really good to see that holding now will be more profitable in the next following years. Not sure about the double time high but definitely after seeing some x-factor I believe it will break 20k barrier, Also I would wait for few more days to sell and yes this is not the right time to buy BTC as the price is already in peak. BTC deserves this place after everyone's effort it has steadily reached here and hopefully it will go in future as well.
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Let's keep it simple in terms of crypto currency BTC will always remain in the king no matter what ever happens, because the popularity is widening day by day moreover some big corporate companies have started BTC as a payment system. Is this not a good sign of development? Just asking. As far as I know we are going to see a modern era and BTC will rule it.
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I'm not sure bitcoin will hit the number 0, but when bitcoin will hit $ 100k, I will retire from the crypto world does not mean believing that bitcoin will collapse afterwards, I believe as long as people and community still exist for bitcoin, it will continue to live until our children and grandchildren are all here
Agree with you let's hope for the best and believe everything will be fine in upcoming days, who knows even the world can end. People are living only in faith and belief that's how everyone are moving. BTC is purely for next generation which means the root has already planted and we are slowly getting the fruit from it and let's believe it will be keep going till the world ends.
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Yes you can, right now market volatility is the key for trading and now it's time for it, you can make more money in day trading but you have to focus market movements carefully but it's very risky too.
Also investing your entire amount in a single asset is not recommended, you need to keep an eye on three or four fluctuating coins for sure you can earn more money.
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I only have BTC,ETH and TRX I am planning on adding other alt-coin as well. I am thinking of new project like Youcash I have seen them been dump when their bounty reward has been distributed and now they recovered a little maybe I would try them once they manage to reach their original price.
I would recommend you to have a look on litecoin and stellar because like coin also creates new blocks every 2.5 minutes which is four times faster than btc it's LTC has improved tremendously from couple of months, similarly stellar is unique for it's transaction cost. These are my favorite coins after BTC and ETH just go through it.
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A massive drop in January??? BTC is always considered as a extreme volatile coin so anything is possible due to it's uncertainty, also there are only two sides of crypto Market one is pump and dump. As of now just enjoy the price and plan accordingly, no one is judge here every one will just share their opinion nothing more and yes this is not the right time to buy that's for sure.
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BTC doesn't need any consideration it has already became popular people have been crazy on this digital currency because of its volatility hundreds of people became millionaires and more to come, I agree that if countries like American and China make their own coin it will surely affect BTC but that doesn't mean BTC will become zero.
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Ah well, it's good to be bad like the way it's better make profit rather than being greedy. You cannot expect always good move from the market also I agree there are possibilities for massive pump this year but it's pretty risk too and yes BTC is a long-term star without any doubt I would suggest to take as much as you can and buy when it go down again.
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Day trading crypto has boomed in recent months, and when it comes to eth trading the reality is never as bright and simple otherwise everyone would be rich and famous in trading.
The risk factor will be low if you do day trading also plan for short term profit even in day trading buy/sell again buy/sell do it multiple times trust me you will be benefited but fluctuations would be the key factor else it would be hard.
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China have become the gaints of BTC mining I don't have any idea on the article but trust me mining is not easy as many think, it's very complicated believe me you can't even afford the profit to pay your electricity bills.
Well in China the charges are low also I went through some articles where it says the hydropowers are available which may cost you low electricity bill, so they have lot of advantages and they are cracking not surprising to me.
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Let's wait do not be over speculative, this is not a lottery scheme everything works in algorithms and demand.
I know top corporate companies are giving priority to BTC but that doesn't mean the price of BTC will go 20 times from now, also don't rush for returns have patience and don't blindly believe celebrities like John McAfee. Think wisely and plan accordingly.
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No, not everyone can get rich of Bitcoin it is new to the world and has a value but you can't differentiate a common business man and BTC. The core system of BTC is transacting payment without third party involvement, it's not a investment scheme.
Who knows many might be holding BTC more than Satoshi, stuff happens in the modern world. But trust me it gives opportunity for sure.
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Definitely to me it's more than a gold, BTC is a precious gem gifted by Satoshi ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) . To me BTC is a better investment for short-term gain but also you have the potential to lose huge money where as in gold it is stable investment which is almost a guaranteed return on your investment in long-term. I know risk is equal to reward but it doesn't make sense to use it in routine basis and it may become greedy. Everyone have their own opinion on this when compared to this to asset the best is to select on their own.
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There are thousands of crypto currency and a lot of coins performed tremendously well it is segmented based on the market capitalization, the mass adoption is going on higher mode also the sign of yet another boom is nearing as BTC is inch closer to break it's all time high. Crypto faced many consequences like COVID-19 etc still it overperformed and rocked.
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These people are early adopters who want to take it as an opportunity to invest nothing more, The more you buy the dearer it comes in return. Also they just invest it for a Security purpose for their future, here they jump only if the price is extremely high and they will not be greedy. Since BTCs domination is booming on the internet surface and news more people will pour money in BTC just wait and watch.
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