I still see this as a correction. We have seen around 8-10 completely green weeks now around 20-25% dump from the All-time high looks pretty much like a correction. But yes if you see the 2017 scenario at that time too people said that this is merely a correction but went on to a big dump for a long time. But at this point market is too choppy with huge volumes and it doesn't make sense to enter and exit the market in this scenario. What an intelligent person would do is either keep on holding if he does not need money any time soon. Otherwise, sell everything at this point and buy if you see some bull trend coming again. You might lose somewhat on BTC but will gain in dollars.
I do believe also that this was only a price correction which i hope that it wouldn't be same way as like wayback year 2017 which after the ATH and after the two much awaiting seasons of the year ends and so the price dump also. Some of us here are waiting for the dump which of course they would take it as a chance to buy bitcoin and also some of us here will sell their bitcoin because of price correction. But if i were you, if you'd still didn't need money as soon as possible or in near future, better to hodl it. |
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I still think this is just a coincidence.
I am happy that someone that as popular as Elon Musk supports Bitcoin and how influential he is not just in the public but in the market. Despite all of that though, I think it is not right that we will be letting him control the market and just make a spike that. I am not saying that the spike happened because of him, it is just kind of troubling that someone could dictate a spike or not.
I would look at it positively knowing a worlds richest man using #Bitcoin to his twitter. These might bring a good indication in the cryptocurrency market which some peole think that these bitcoin or cryptocurrency really existed because such an Elon Musk believe and trusted it. However we can never be so sure that Elon Musk does a bitcoin user, trader or investor too but the mere fact that he was a famously known man today using #bitcoin was a great indication already. |
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it cannot be, eth is the top coins in the market it js number 2and has a value of thousand dollar, we can say that eth is still pumping and eth 2.0 is coming we can see the less congested and lower fess chain in the market now. But I can a little news can make it fall so we need to get ready in case of something. But avalanche cannot surpass eth, not possible for the trend now. Maybe if their volume might decrease and will make the price into hundred dollar maybe possible.
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People who bought at 27,000 BTC have made good profits to date.
It remains to be seen whether the problems with the USDT will affect the BTC.
Ms. Lagarde's announcement that she wants to take action against cryptocurrencies can also have negative consequences.
In any case, it will continue to be highly volatile.
Indeed, we thought that bitcoin will not surpass the 27000usd ATH but as what we can see it touches the 40kusd ATH Last time so they are now having a profit, there's no wrong in buying coin at the top even when it is bull run as long as we read the charts and we technically know that it is not jus a fakeout or a fake breakout, so that we will not be left when the price goes lower than we expected. |
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All of the crypto are important for their own reason. Its just that there are some cryptos that are just created to either help the people or to scam the people.
I don't hate DeFi in general since I think that it will be a good thing in the future its just that it is already swarmed by these stupid scammers but I just don't support all of the DeFi tokens. DeFi will be one of the important industry in the crypto space in the next years so DeFi coins like ChainLink, Uniswap, Compound and so on.. are the ones that in my opinion will be important.
Next to DeFi coins are the Blockchain coins like ETH, ADA, DOT etc. followed by the staking coins which gives us passive income by just holding it.
Which is totally true, each cryptocurrencies has its own market value that define its importance. Yeah, the market value of a crypto was a sole measurement of how useful and importantly that cryptocurrency was. But for me i am still a huge fan of bitcoin and i bet some here too which also preferring to have their own kind of bitcoin even a single bitcoin but i can't also deny that ethereum, DeFi, ADA and DOT was also a good crypto too. |
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Why wont you hold both instead? If you have bought these coins a year ago then for sure you are already in profits if we do try to compare the past price and the present time price of bitcoin and etherium and for sure you are on the profiting side unless if you do decide to convert those ETH then switching up to btc then its your choice but hey diversifying is always recommend so its still your choice though. We shouldnt try to compare both different markets because bitcoin can move without relying alts or entire market condition and same goes with ETH. If you do want to max out possible profitability then going for both is the best bet. Exactly, to be honest i am only dreaming of having both ethereum and bitcoin in my own hard wallet and i will choose to keep both as my long term investment. I am so amazed with these two cryptocurrencies and in fact thinking that you have already purchased your own ethereum and bitcoin a year ago before bullish market were amazing and if you able to make it grow or even you just kept it in your wallet then your 20 ethereum and 1 bitcoin have already a great value. |
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Also, as a simple answer to the insufficient basic salary.
It's just not enough whatever side you look at it.
You will need something more to make money from.
I have that kind of view with things before but once I got the profit I needed, I stopped.
There is a chance for some of the cryptocurrency projects to look at a bigger picture. For the future.
All they need is support.
Wayback at the first bullish of bitcoin year 2017 to be exact i have decided to myself to try my luck in trading and i was crediting it all to the friend of mine who introduce cryptocurrency to me. At first i was hesitant if it is worth it, do i can generate a profit from it. Well to be honest i am afraid to take the risks of putting even such any amount of principal in cryptocurrencies at that time because i'm still not convinced how does it work. But luckily i'd listen to my friend and here i am now. |
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when will Bitcoin be bearish is still a mystery...
when a bear market occurs it is likely that Bitcoin price will only be between $ 20k and will not drop past $ 20k. the HODLers have grown in number and they are not worried about bad news so the price is unlikely to drop dramatically.
I think bitcoin become bearish is not a mystery at all. bitcoin crashes because of market correction and because of the whales that sells their holding in smaller value but in large quantity. Bitcoin I think will reach again 25k but it will not go lower than that so let us save some money and make a double effort so that when bitcoin dump again we can buy the dip and hold it until it reaches our desired value. in trading patience is the key. |
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I am not expecting the price to go that high or maybe I don't have any plans when it happens. That is a massive price change and seeing the price that we have right now seems impossible, still, a lot of users will rejoice. The world is using bitcoin but I don't know at what level but I know that would be amazing and I will just enjoy that time as long as I can.
Who knows right? but then when that time comes I hope I have my own 1bitcoin so that I could enjoy all the things that I can now afford with my money, I will use that to buy coins and stocks first, I need to ensure my family's finances together with my future, and next thing will be my dreams, maybe I will start studying again, round trip around the world, donating to some people and foundations and lastly I will create my own company, that is the dream since I was a child. |
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Yes, Because according to some researchers, the signs which ATH always develop before it increase in the market, are showing gradually in the market. ATH price will definitely improve in this year 2021 as never before because many customers are waiting to make a good profit from their Investment.
These might only according to research of skme researchers but honestly speaking no one knows exactly what will going to happen next in bitcoin. Either it will hit another ATH or it will crush no one knows. And even the bitcoin analysts or crypto analysts couldn't predict a correct guess because of the characteristics of bitcoin of being such a volatile currency. However, i am still looking forward for a good market of bitcoin ahead. |
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It should be conceded that the impact of the Bitcoin price which figured out how to transcend $40,000 has pulled in numerous individuals to invest in crypto. I too get a few messages inquiring as to whether presently is the ideal chance to invest in crypto. Obviously, the genuine recipients are early adopters, but I tell beginners who are getting intrigued by crypto to begin investing right away. I disclosed to them preferred late over being an onlooker.
It is the sole reason why all of a sudden they wanted to join cryptocurrency, the unexpected soaring high of bitcoin market value that breaks the 2017 ATH and setting new ATH and up until now the market value of bitcoin was still in its pump state. Seeingh that there many involvement from those people who are not familiar in the world of cryptocurrencies is a good sign that sooner they will adopt the usage of cryptocurrencies It is a large boost to the market and crypto community.
Those new names with profession in the real business was a good member to catch in because it will boost the market and in fact we are still wanting to entertain more new members because we are all only wanted that bitcoin or cryptocurrency adoption in the real world. |
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This is hard but possible to get a lot of money by trading, but for achieve a good wealth one have to learn all trading situations and learn the market mood.
You also need to get a bigger capital if you want to get rich quick but always know that you should be a good trader before putting in a lot of capital. I do agree it is hard but if you are determined to do something, you can achieve it, sure there are some that have the natural talent for it but you do not have to compare yourself to them because life is not a race does not matter when you start, what matters is that you start and finish. It is true, your capital was your main concern when it comes to trading but of course before you make a precise decisionnof entering trading make sure that you have already equipped with such knowledge that may guide you through your journey in trading. It is a total kind of risk that every trader are enduring and surpassing to be able to get a profit. But despite of the risks we can't deny that the possibilities of getting rich via trading were possible. |
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Bitcoin is not approved yet, because countries has their own local currency and there is no clear understanding in tax system in connection with cryptocurrency.
Bitcoin is not yet as popular as fiat currency. Lets skip USD, EUR, RUR, CHF, JPY, GBP and look at something less popular. Imagine if they are Bitcoin. They are not approved in counties as well. Even though they can be freely exchanged to local currency.
Good example is Turkey and Turkish Lira. TRY is used everywhere, but EUR and USD are good for payment in tourist area. Of course these fiat can be used in small shop somewhere deep in country, but Turks would prefer TRY more. First Turkish Lira appeared in ~1920 and it took decades for EUR and USD to be freely accepted. That is why 12 years for Bitcoin is a very short period to speak about adoption or approvement.
Well, fiat currency i guess will never become out of the picture even the world adopt bitcoin or cryptocurrency as one of the currency it is because the fiat currency didn't just used as a means of exchanging from currency to goods but it is also the identification of each nation. However, i bet that the worlds adoptation of cryptocurrency especially bitcoin will not yet far it is due to bitcoin had already a record breaking ATH that made it famous these past year 2020. |
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if i say that i can buy btc but my money is only 1 dollar , do you think i am rich ? no . not all who buy btc are rich and also not those that who own a nokia phones are poor .
bitcoin is not a government , btc dont have a people behind it so how can btc distribute the help . the only way i think btc can help is when people also join btc , they can get help by earning profits .
Yes, what I am thinking is, people believe that their luck or their future depends on bitcoin, maybe yes it can help many people if they know how to manage finances correctly but then if you will invest small amount do you expect to receive same amount or higher amount than that? The answer is no, people need to be hardworking enough for them to not to be poor again and to learn new is what will help them to not be poor again. |
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Even though I don't take part in bounty projects but I don't want to spend my time on fraudulent projects, at least I'm more interested in spending my time trading or discussing about new projects or about Cryptocurrency growth, and it becomes a science for me to be able to analyze projects that are really big ..
That's good you know how to differentiate those scam projects to the legitimate. We need to analyze and research everything first before considering to spend our time on that matter, most of the time people are fall for this things because we want to earn so easily and we did not think before we join. Unfortunately many people did not do this the right thing that's why still many people wasting their times. but I think even though it is promising and have a good documents, if they want to scam people they will do it. |
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There are numerous websites which claims to double your Bitcoin within 24 hours and I have heard from some of the victims that they just don't allow you to withdraw by asking you to deposit more bitcoin's in order to withdraw this end up cheating you without even returning your capital investment. Just to make their telegram look more genuine there are imposter accounts with names from multiple nationalities. Be aware guys as no one would be able to give you 100% profit within 24 hours so it's a scams and stay away from it. I will share futher details shortly.
There would be numerous testimonials in the telegram group which you guys will be added it's all fake.
Those people who are victims of this scheme are those who doesn't know what cryptocurrency is, and they want to have money and earn money in an instant or in the fastest way that they could. I experience that thing too in my younger years, hyip is my hobby wayback 2017, I will invest 1usd and wait for it to double within a day or less but then most of time, website is gone after hrs of running and we will left without nothing, we should teach them if they are willing to learn and to correct their bitcoin understanding. |
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Supply and demand of ppl buying and selling. Plus speculation on prices. Corporates are starting to put Bitcoin on their balance sheets though and taking supply out of the market which is positive for prices.
Yes this is the reason why bitcoin and other coin in the market crashes it is normal due to the law of supply and the demand we cannot change the fact that some people hoard to much quantity and it makes the bitcoin price go higher and then when these people dump it instantly those who are affected are those who only have a limited and small buying power. Sometimes we can understand that maybe it is only a price correction. |
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I personally want staking, because I don't have a good device for mining, it will also consume time for me and electricity, I think if you only have one unit or device it is not economically friendly, the amount you will get from mining could be enough for your electric bill, well it depends actually because in here electricity is expensive, so I rather choose staking. It will not consume so much time, I will only choose weeks or several months depending on the current price and chart.
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So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.
I think the right words are, don't buy coins if you don't afford to lose money, in trading there's no assurance that you will not be rekt nor you will be having a little loss, yes don't buy because of fomo, the best thing to do is to research everything first before investing, read what is the purpose of the coin or its use case, what are the plans in the future and so on, and for those coins who are already in the market better to see some news update in the web so you will know what is their status. |
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Came to a bank to repay monthly premium for the loan taken providing gold as collateral. I reached the support executive to know the total amount to be paid to get the collateral submitted. The internet connection has got some issue, and I wasn't able to get the required details. By the time it remembered me of the bitcoin into banking where everything is interconnected.
Right now each and everything is connected with internet and technology. The future of banking might happen through blockchain technology and bitcoin in mass adoption. By that time what will happen with the banking process if there happens a termination of internet connectivity for few days time.
I think it will lead to a larger problem, but as of now I don't think that internet connectivity will be terminated nor stopped, we already have it for a long period of time, most of the people in the world already used and know that in their daily lives, it became one of the things that are must needed this time since we are in the digital Era so it would not be terminated, it cannot happen and people will do some backup everytime they will got a problem on it. |
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