This is something normal in the world of cryptocurrency, the red and green market requires good analysis to make a profit,
You are right about analysis but is it enough to solve the problem alone? I do not think so. The reason is the falling values of the crypto and many crypto experts are of the view that soon a large number of impotent coins would run out of business. This means we might witness a great depression in the crypto world. Or may be the exit of these impotent crypto will make the market more secure and will shift the demand towards the genuine crypto which might make the market green. |
|
|
|
Hi guys ,
Do you think the whales are manipulating the markets ?? Has any one noticed that the current bull run that has been on for the last few weeks comes to a halt every time it reaches the 10 k mark and slides down . My theory is that whales sell at 10k and then create fud so market slides down only to buy back and pump . What do you think ?
Maybe sometimes whales manipulating the crypto market because some people are panicking they sell it there holding so whales grab the opportunity to buy it. That's why we don't need to be panic because you give a profit to whales when you sell your funds in low price. Yeah, big investments will contribute in the activation of market value because all we need at this stage is the increase in demand rate which will increase the value and will lead us into a better market. The value has dropped further around 5.8 k dollars and this will recover after big investments. So invest more in the market because this is a better opportunity for us as well because the low price is in our circle. |
|
|
|
OP asked during $7,400 so it's now a good answer to see the price of bitcoin now I guess.
That can be the assumed bottom for this month but still we can't celebrate too early. The price now marks at $7,600 and it's still fluctuating down to $7,500.
Yeah, we really do not have much to celebrate yet and I will only celebrate even a little if we break out from the upper line formed by the wedge pattern around $8600 - $8800 as that would show we still have the chance to go test the $10k mark and possibly we may break it or not. Nothing is guaranteed yet, the market is still filled up with fear and uncertainty when taking a look at the charts, and all we have now is to wait and see how things will be playing out pretty soon. Bitcoin is a currency of great potential and it may go more down but there are fewer possibilities. The value may surprise us in the upcoming days because the value has dropped more the price equivalent to 6.1k dollar which is the lowest price recorded this year. We have seen and gone through situations like this many times in the past and have been watching it recovered after fall. |
|
|
|
I think it can make a better contribution to the world economy because people like me really help everything I need to buy and pay to make my days complete and I think it can really help me.
Bitcoin is all time great invention in the field of technology and I don’t think so there is anyone who is going to deny this fact. It has produced many new businessmen, many new rich people and so many financially stable families. I am sure we are going to see everyone shifting to bitcoin in the coming decade for making all kinds of major and minor payments. Bitcoin is something really revolutionary. |
|
|
|
So what do you think would happen if another Cryptocurrency (Example Monero / Ethereum etc) were to take Bitcoins spot as first in market cap?
I believe that any cryptocurrency that takes the number one position in the coinmarketcap list begins to control the market just as Bitcoin is doing now. I have noticed that most cryptocurrencies on the list usually moves accordingly with Bitcoin; whenever its price goes up, others follows and whenever the price starts to go down, others will follow too. But that doesn’t that Bitcoin will come to an end, it will still be there competing for a better position just like the others are doing now. |
|
|
|
You can split this amount and invest it in the top 5 Crypto-currency on coinmarketcap. Do not buy more than 5 CZK, first you will need to understand more thoroughly the crypto-currency market.
Diversifying should not even all about cryptocurrency alone, except if that is his main target, but when you are diversifying, which of course investing in cryptocurrency should come with that, but I believe it should be other areas outside crypto so as to help with any risk that comes. Investing in different cryptocurrency can only help when you are not sure of what happens to one, but in terms of policy that affects the whole space, everything gets affected and you would not want to be caught up in that. |
|
|
|
have no exactly time when to trade, you have to follow news, events daily and study technical tools RSI, Bollinger bands...to sell and buy to get profit, and one more impotant note you need to know NOW market are uptrend, downtrend or sideway to target profit ( 1%, 5% ...)
You need to follow the basic market rules which will help you in making profit in trading. Trading with the Bitcoin will result in huge profit for long term while with the less valuable coins like Altcoin and Litecoin will result in small profits which will make huge profit after many attempts. Now buy the Bitcoin in this low market and wait for the time to come so that you may sell it on high price for profit. |
|
|
|
It will use too as a laundering tools because some of all people use it for illegal those hackers earn much more because of digital money they cannot steal in the banks so bitcoin or digital money can use as illegal tools too.
Unfortunately some people of self interest use the crypto market for money laundering and this is a bad activity they perform. However the traditional sources are not hiding from the sight of these money launderers and they perform the same through those traditional sources. So this impression is everywhere and should not only consider in the crypto market but should keep in mind that the bitcoin and other crypto markets are doing well than the traditional markets. |
|
|
|
No fall is possible anymore, we are picking up .Things are getting very stabilized now and everything is getting fine.Green days are here and the market is set to speed up.ETH and btc are already speeding at a powerful speed.All coins will rise up shortly.
That is great. I do not think we will fall anymore. We are rather rising. Look at ETH and Bitcoin that are going good in the market. They have been stable under the low price and are still demanded heavily in the market. This will lead to the boom eventually. Boom is normally for short time so a wise man will always make quick decisions to either cash or still hold. |
|
|
|
|
1Fox Username: barbara44
1Fox BTC deposit address : 32s4VNx7TYUKHu2FUvGyVFUvt725fW1XzB
|
|
|
|
The reason many peoples hold bitcoin even the price drop is becasue bitcoin is long term investment. I am believe that bitcoin or cryptocurrency need time years before the market more mature and bigger. I am believe when market more mature, bitcoin will rising the price and reach like many analysis predicted
Exactly! Every trader and other person who shows his interest in BTCs can easily earn huge profits from it because it gives a really warm and comfortable platform to the people so that they can easily earn money from it. Also, by its day by day increasing popularity no one can say that this thing is going to vanish away completely so it’s a little bit insecure to trade with these coins. |
|
|
|
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
You can only get profit if you sell the coins in a high market where your coins sell out with huge price and this will be your profit. You can get this opportunity if you keep in touch with the market to monitor it daily and to keep your eyes on other actors as well so that you make a decision in the light of the collected data. When the bull market starts then wait and sell your coins on high price as much you can wait for the maximum jump. |
|
|
|
Bitcoin is "going for collapse" every few months. Some people just don't see it. If Bitcoin falls it doesn't mean that it will fall forever.
We cannot say a collapse actually it so happen price fluctuation is strong on bitcoin. That is true, price drops but it is not forever in down trend. I don't see the future a collapse in bitcoin but I am positive it will going strong in increasing of value. Bitcoin market is not collapsing as observing and proving by the current market conditions, the current market conditions are not bad but normal. We are looking for the rise very soon and the current conditions are the signs for soon recovery. If the market had to collapse, it would collapse before in the beginning but it continued and is continuing its survival in the market which is showing its perfect strength. |
|
|
|
The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?
This does not affect bitcoin in anyway; neither do I see how they are correlated. The increase in oil prices is pretties much going to have an impact in the world economy and there is no doubt about that, nevertheless, bitcoin is a decentralized currency and really does not have anything to do. Oil is a market on its own with a lot of usefulness and the price is moved basically by the demand for it, and the same thing applies to bitcoin and the only thing I see that makes them the same, is that they are both markets but totally different in form and features. |
|
|
|
I prefer Binance. Although iam not used to Kukoin. Binance has been great for me especially on their security and the ease to use it.
Most people will prefer binance anyway since it has more volume than KuCOIN. KUCOIN on the other hand, I feel is trying hard to want to be like the alternate of binance and it is really not doing badly. I have traded some coins here sometimes, although not holding too much due to liquidity, but it is not a bad exchange at all, which is why I am holding some of the exchange coin, with the possibility of the exchange volume growing over time. |
|
|
|
Well a lot of people are inclined to make their own currency or coin. But if you make your own coin without a viable project to support it, noone will invest in your coin. If noone sees the use of your coin, its value will drop down to zero or maybe it will never be launched at all.
That’s right. It is not about just making your own currency. It is about the market status of your currency as well and that how many people are willing to invest in your currency and why would they? Besides, if you make a currency that has limited financial freedom and benefits, you are again doomed. In this world of competition, you would need to have an incredible project. The crypto market is like a monopoly with free entry and huge competition. |
|
|
|
I dont believe even if ethereum will be back to 400$. If iw will happen then i will buy ethereum as much as i can, but i dont believe. Ethereum is stable even at the current market situation
I do not agree with that. It does not look like ETH will drop so down. In fact its value in the market is getting stable and the more stability it gains, the more prices rise. Also the more stable the prices is, the more the demand increases, As a result, all those speculations about the values of ETH that it will rise again will come true. Besides, ETH in some ways looks like it follows the Bitcoin trend as well and as Bitcoin grows big, ETH will follow. |
|
|
|
Buy always when the market is red and sell when it’s green. Follow this rule of thumb.
I think that everyone should buy bitcoin if he wants to invest in cryptocurrency. There is nothing serious to think about because if we noticed the price of last few days it is growing and will grow more and till the end of this year I am sure that it will cross 15-20k. so it is the best time to invest your money in bitcoin and to make some money through it. Right? It may not be the last opportunity, but it is still a very great opportunity when compared to the chances it has to go up to go test the previous ATH in the long run, but people just tend not to look at the long term but just the short term and that is the reason why they always miss the best moment to always get into the market. Market is not easy to time and most especially if you are not even a trader but a long term holder, so the best thing is to buy what you can afford and watch it grow over time. It is the best time for investment in bitcoin because the price is still below $10k and after some time it will cross this level and even grow more. Don’t waste time and go ahead to buy some bitcoin today. Every day is important for new investors. Just asking is nothing. You must practical step if you serious about bitcoin. Crypto world is full of risks and you must prepare yourself for that. |
|
|
|
The coin good for the transaction is bitcoin. Bitcoin is used to pay for services and as a tool for trading or investing in the cryptocurrency market. In the future, the price of bitcoin will be higher, which can be used for long-term investment
No doubt bitcoin is good for trading, but the problem is this that many people now do not invest in bitcoin because of the high volatility in the price. People afraid of losing their money. Most people now invest in small coins. The up and down is low and people can bear any lose. Good thing is the increasing price in low price coins each day. |
|
|
|
|
Show Posts
