I dont know did you watch or not, Cliff High published a video on Youtube where he said that Bitcoin will reach 64k price till mid April 2018. I am not sure if it is possible or not but in my opinion price makers wont let the Chinese investors to buy bitcoin such a cheap price like 7k-8k USD. I am really curious what people on here think about that ?
Up to this point, it's clearly a precursor too. Nearly the end of 2018, exactly three months away. But its price is now down to $ 3,000. And if the situation is optimistic, it can only shrink to $ 30000. Not any more . I believe in Bitcoin's future, but I do not believe in speculation about such a move. It's not down to 3k though i doubt any of these blown up speculations would come true by the end of the year. It's indicating that we're going to touch another ath which is hardly possible unless the whales pump the value that much. |
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Vice versa, in my opinion it is easier to trade in such bear market. Am I wrong? How you gonna trade in a bull market? In a bull market you need to hold. But in general, if you do not know how to trade better don't do it. It's very risky.
Just sit and see the chart research when will market will go up and focus on your trade.You're not alone who is facing this panic. Well they're pretty similar, the dilemma for trading in a bull or bear market. Since the market is fluctuating none the less, anyone can still make profit. Experienced day traders do that regularly. |
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they should see and realize that the price cannot go down again. because the lowest price in the past few months was $ 5800, and now the price has stabilized at $ 6000- $ 7000. so what are they waiting for. it's still a good time to buy and collect bitcoin. if they are still waiting, they will lose the big moment to come, tell them don't wait longer just for the price of 1% lower than now, because they can lose 100% profit in the future.
I still find it kind of strange as I have seen a lot of investors who said that they will purchase bitcoin if its values drop below $6200 USD per bitcoin, and when the price of bitcoin did truly dropped below $6200 USD per bitcoin in the past few months, I did not see a lot of trading movement in the trading market as compared to last year bull market, I guess this might be some sort of human psychology that most investors are only willing to invest their money in a trading market that is showing bullish signs, and that is one of the reason why some investors are highly likely to lose their money in trading due to the fear of missing out effect. Some people tend to break their promises, for example is that they are going to buy once bitcoin reached the price that you have mentioned, but they didn't because they are expecting that it will decrease more, and that is the greediness that kicked in. By that, we will lose the opportunity to make profits by buying on the dip because what we thought was wrong, or we could make profits because what we thought was correct. Traders mind is complicated, they wanted to maximize the chances of making profits, that is why sometimes the result is not always as what they are expecting. Yeah. Peoplre say things they don't intend to do. Perhaps they just want to influence other people's decision, who knows. This is how whales do it. If you don't take time to understand how things work, you'll drown. |
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Their is no ammount required for starting in trading.Because you must follow the minimum fund to start in trading and get into it.
Well there are transaction fees to consider as well of course depending on what exchange you're going to use and you have to have sufficient balance to meet the minimum requirements. And i think you'd want to save first a decent amount since it'll probably be like a waste of money if you start out at the very minimum. |
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It needs practice, discipline and of course information, yoh cannot stop any people's greediness unless they are all bankrupt, we have different strategy on how to control our portfolio and we need to integrate, check everyday and supplement all the lackings we have, start daving and that's where your motivation become the foundation.
Well we have to understand as well what makes a coin move the way it does when it's going up. If there are no known news upcoming, probably it's being pumped by whales and it's quite dangerous to jump on an artificial uptrend. It won't hurt to do a little research. |
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before you enter into any kind of coin you need to understand for yourself, not is the growth with the usual hype? if so, it is better to skip it
Yeah you should consider more the technology behind a coin and it's actual use instead of the current value. The value of a coin will change but the technology that runs it for what it's for will determine if it'll be worth keeping. And ethereum for has that. |
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any trader should have a trading strategy, methods of entering and exiting the market and the ability to learn from their mistakes
Yes, trader should have strategy and keep following his strategy no matter at what conditions. Emotions may arise as a response to the market condition, but it is better to keep calm and steady with our first plan. That's a little suggestion to avoid us to become a gambler in trading platform. Well i agree. It's all about sticking to your gamr plan. Sometimes we either get to scared or too greedy when the market makes a big fluctuation. Learning to stick to what's planned will keep your emotions in check. |
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As a new kid in the cryptocurrency world, we often have our share of first mistakes in trading which helps us to be able to become better and wiser in the next transactions. What are these usual or common mistakes that newbies commit?
the majority of experienced by novice traders is a lack of patience and greed in taking advantage and it's almost done by all beginners including when I just learned to trade Self-control in trading is very necessary and it's very important friends they should learn to control their psychology and emotion.they have to conscious no one could be rich just in a night.so greedy could make us suffering lot lose. Well majority of the mistakes newbies make are all connected to their emotions. Too much excitement, greed, impatience and anxiety are just a few that influence a newbie traders' attitude towards trading. |
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I am new to trading.Please suggest me some good marketplace for trading.
First, change the marketplace to exchange. That's what we are calling here in cryptocurrencies. And, there are a lot of exchanges such as Hitbtc, bitstamp, trex, binance and many more. Just pick on what coins you want to buy. For beginners, i'd stick to more established coins, probably those that are in the top 10 just to familiarize myself on crypto basics. And most exchanges support these coins anyway. Practice will small amounts. If you're just starting, it's all about gaining experience. |
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Lakers would have a great season this time due to the LBJ addition in the line-up but it seems hard for them to make it to the finals because GSW is packed with superstars hungry for a title.
Warriors are not hungry for the title. It's just that they are composed of good role players and their strong chemistry that started to build years ago are now still in action. It's difficult to destroy even they will matched with a championship caliber team. What we can expect is, Lakers surely will have a chance to finally end their absence in playoffs. People are not expecting that they will go into finals or even for a conference finals so not a big deal after all if they will not reached it. I agree with this. In addition, their coach is also a good coach even in his first year. When he handled GSW, the team became a playoff contender team. They have good chemistry since they are playing for along time. That is what I want in Warriors. They don't change their players too much and if they will, they will trade their bench players and not their star players. The Finals appearancr streak of LBJ will end now. I don't see Lakers playing in the NBA Finals now but they can clinch on the playoffs. Well even without lebron, the lakers have a very good chance of making the playoffs. I mean, their composotion of talented young guys, kuzma ingram and ball, who would likely all peak at the same time, is pretty potent. But of course throw in james and they're pretty much assured of a spot. |
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As we can see through all this months bitcoin cannot break 6800$ point. But the day it will happen I do not see any special reasons to affect on mining, because of even 20000 $ point didn't make anything special with that area of crypto business.
Well mining with thrive when btc is up since miners will be one if the firsts to make profit out of it. And we know that the price can break that 6.8k in an instant. It happened several times already in a span of a few hours. |
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I think you see the reactions of those people who are new. the technology itself does not disappear, so there is no panic among serious traders
There's no panic if you're prepared to go long. If you're expecting profit for a specific time then there may be a problem. Panic often happens when you see your money going out and you'll need to cash it soon. |
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I don't believe that bitcoin will rise again before 2017 in December. But bitcoin will rise yet not 2017. I hope bitcoin will rise under $10000.
Expected to cross easily 10k in coming months and hopefully we will see again some good movement happening in last quarter of the year and thus will make things more better for all the people who had being waiting for some rally to happen on upside. The bad thing about expectations is that it easily warrants frustration if what you expected didn't happen. Try to be a little more conservative when it comes to expecting a certain value because expectations were high for 2018 after btc made that 2017 run yet look what happened. |
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It depends on your strategy for me I don't wait until 20% for me to take profit, most times, some coins hardly make such gain, but taking profits like 5% or 10% many times could be a good idea, coins normally makes such gain many times before it could go as high as 20%, so I believe in taking profits as soon as you see them and re buy when it dips down again.
Yes right, in my opinion there is nothing wrong when we expect to get big profits, precisely the biggest factor that makes bitcoin prices difficult to rise is because they are too easily panicked so they sell when they get profit 5% or less . Well, a small profit is way better than ending up with a loss. Newbies would find this hard to put into practice until they get a little more experienced. It's a natural human reaction to be greedy while trying to make maximum profit. |
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So far the ethereum is now over and now It is also fearful that many people dont hold coins now so this may happen in ethereum too. The big price drops.
Many nervous people (newcomers and not only) after seeing the price drop also began to massively sell their ether. But this is not an indicator. Many experienced traders hold their ether. Since they understand its real prospects. Well people who are steady with holding their coins usually have targets they'd prefer to hit. Having a goal can help a lot to keep yourself compised and patient in difficult times, since you probably know that your coin would grow in time. |
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In trade I advise you to go in small amounts and smoothly increase your deposit to a certain extent both at the expense of profit and at the expense of additional personal deposits. At the very beginning of this business, I realized that this market is not for the faint of heart - volatility here is crazy. Without participation in thematic chats and subscriptions to news channels and signals for trade, there is nothing to catch newcomers.
Well you're right about that dude. Do it gradually so at the same time you gain precious experience while trading small amounts. That would considerably make your chances better while minimizing risk of big losses. |
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When viewed from the current situation I would prefer to invest in Altcoin in the long run. Maybe if one of the choices you give me choose for airdrop and bounty program because even if I lose I will only lose time and not money.
Well you're not really investing with bounties though wasting time for nothing can be pretty frustrating especially if you've put in a lot of time and energy into a bounty. Though it's the safest way, profit sometimes would be so minimal it's hardly worth your effort. |
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I think you are joking with bitcoin. bitcoin won't fall down to $ 200, you see the graph from time to time until now, or you see for the past few months, bitcoin stays at 6k and then tries to grow again even though the correction is happening again. because of this I believe that bitcoin can survive. I think bitcoin will never came up $200 as what its price declination, it will always dwelling up the price and will never go under this current prices. And I believe bitcoin will grow up immensely even the prices are fluctuant and it must be part of a high volatility of the market, Dude. He didn't actually say it'll go to 200. It's value went down 200 usd probably from 6.6k to 6.4k. You probably didn't understand what you just read lol. Anyways,a few hundred movement is quite normal for bitcoin. It went up more than 500 dollars in a few hours recently right? |
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but expect the unexpected
This 100%. Very important wisdom for anyone involved in crypto! Very good because we don't know how much the price of Bitcoin is going to stop next year. Everything we have to wait and see, how far the price of Bitcoin will reach, now Bitcoin market settled at the price of 6400$ which seems to be bearish but when the market starts recovering we can expect there is huge growth in term of Bitcoin price. Well we've seem spikes to 7 or 8k in a short time so who knows. Currently the price just dropped a couple of hundred dollars and people are saying that it may very well go to 5.5k. Honestly i have little care anymore lol. |
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seen from the history of btc prices per year, it always rises significantly. will 2019 btc prices rise like the year before? investors have been waiting for this moment for investment. From 2009 to 2013 the Bitcoin exchange rate reached 12,000 times the increase, which is up to the price of $ 1,200 / 1 BTC (around Rp. 15.8 million / 1 BTC). Then in the third quarter of 2017, the price of Bitcoin came to an all-time high of $ 6.194 / 1 BTC (Rp. 81.7 million / 1 BTC). If we look at the total increase from 2009 to 2017 (within 8 years), the price of Bitcoin has risen by 61,940 times / 6,194,000%, a truly fantastic growth
The market is based on demand and supply so you will not be able to determine when the market will pump the prices again, the best thing to do today is just hold your coins since the price is very low. I don not think so the price is depending upon time but it is not actually depending upon time. The major thing is the market demand rate which is our demand for Bitcoin so as long as we are demanding for it then the value will increase. After increase in demand the value can increase regardless of specific times. We have to differentiate only by low market or high market by price and not by specific times. Well a lot of people base it historically and they have pretty good reason to do so since btc has been a bit consistent with when it makes a run. Though that's not at the beginning of the year. |
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