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From the beginning of the bitcoin-only, a few people support this kind of coin but some of them are going against to the use of the bitcoin because it is just new and they cannot see the possibility and the possible outcome of the bitcoin to make more profit and by the time goes by the government forget about the use of it until the market price of the bitcoin reaches its highest market peak season and now they getting curious what is all about bitcoin.
By the people getting millionaire and rich because of the bitcoin many people follow their steps and dreams to be one of them the bitcoin proves all the things it can do just to make huge popularity,respect, and trust of their users. There are a lot of times that the market fall and rise because it is volatile but even it is quite risky many people still support this coin but the government sees the potential of this kind of transaction getting abused so they make rules and regulation on some of the highest crypto exchange and wallet to get a KYC or Know your customer to avoid getting Anonymous.
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Many people get encouraged to make an investment to bitcoin because they know the possibility of making more money regarding the bitcoin some of the people are just going to make an investment only because they don't want to risk all of their funds because this kind of pump but still there are some people want to make trading and go with the flow with the use of the market volatile.
If you are a risk-taker this kind of market volatile it is just quite normal because you are going to go with the flow and wait for the outcome of your profit. Sometimes having talent on reading graph take some advantage like the OP did use a line to see an indication of having market changes of the coin and it is already beat the resistant there is a chance for another bull run market which is good because there is a chance for having a comeback from the bitcoin and beat the previous 13k market price still it depends to the supporters of the bitcoin if they will still support the coin.
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As usual, the market price of the bitcoin is volatile from the previous weeks there are a lot of times that the bitcoin want to reach out the market price over 10k which is I think it is already the third time to attempt and maintain the market price on it but not all the time the price of the coin will now reach into the highest peak. The price of the bitcoin drops immediately after it is reached its highest peak of 10.2k dollars which is enough profit for an investor and traders. Welcome back... It's so difficult to fight against the virus and you have won it's a good thing.
As others have already told bitcoin reached 10k and bummed back to $9400. In this critical Corona days it's been difficult to predict what happens next whether bitcoin pumps or dumps...
Still, there is some problem because of the pandemic outbreak because it is not still finished and some of the people cannot make an investment even they know the bitcoin is one of the safe heaven into the world right now but still they need to have enough money as the capability to survive on this outbreak. |
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For sure most of the people who trust already the bitcoin will still trust the bitcoin because we know from the previous years even the market price of the bitcoin does not have too much market value but the time goes by they are now supporting the use of the bitcoin by using this as their transaction payment or payment method because they know the potential and the benefits of this coin. If you are an investor you will grab the opportunity to make an investment when the market price of the coin falls down.
If you want to earn basically without doing anything just make an investment when the market price falls down this is the basic thing we could do in bitcoin and wait for the market price to reaches its highest peak price and sell your coin. Sometimes FOMO can bring us a huge chance to grab the opportunity to earn more money and one of the best things we should do is trust the bitcoin to go up but do the bitcoin fails us to rise? I think it's no because it has many supporters.
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Really hope they can fix post halving fees and congestion after future halvings.Honestly it's been ridiculous since this latest halving!
Obviously it will not go up immediately, a few months will pass. if you look at the other halving it was just like that! In reality what changes in halving is a long-term thing. So now don't worry and hodl  On the day of halving, we make a lot of expectation that the market price of the coin will rise up immediately but it fails and many people bought a lot of coins because they know the what are the possible outcomes of the bitcoin which increases the price rapidly because of the halving but as did we expect there is nothing changes it is just quite normal. After a few days and weeks the market price of the coin rises up unexpectedly and it is already coming out into over 10k dollars which is a huge market value right now but this is just beating the resistance and coming back to its a stable state. The coronavirus does not have affect to the market price of the bitcoin instead the people use this and become a safe haven because it is safer than the use of the paper wallet. As now we are expecting the bitcoin will now beat the previous year market price of 13k dollars and as we did except it will now back again into the lowest market price over 3k dollars. |
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I think and I consider bitcoin as the safe haven because I already started on the topic I recently created on that which is the bitcoin uses to save their money because it is more efficient and safe than the use of the savings. Some of the people don't want to use the physical money or the paper money because they know it is dirt and came from the different people that already have a virus and as a person do you make any sanitation in that? Of course, no so why not use the digital currency and there is no aspect of having a physical interaction on the money and the came from the receiver and sender of the money. Many people today are already adopting the use of digital currency most of the stores today are using this to make easier and transparent transactions also it is more secured than the use of the traditional way or banks. Also using the bitcoin is good too because the market is volatile there is a chance that you will get a huge market income when you bought when the market price reaches the dip of the coin. But still, the market volatility can become your friend and sometimes an enemy so take care of it.
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I don't understand. How is it possible for a pandemic, that has killed around 370,000 individuals so far, to bring any positive changes? Even if there was some positive outcome as a result of this pandemic, they were heavily overshadowed by the agony and suffering of billions of people. At least in the cryptocurrency sector, I can confidently say that it didn't brought around any positive change. The exchange rates are going down, despite the block reward halving.
Totally even the virus heal the world there is no good impact to the whole economy and the society right now because many people getting sick and got infected that close to death or going to die and this is not good because there is a lot of families sacrificing their lives just to make the job and the forum becomes spreading and killed our love ones that cannot do anything just to fight against on this virus. It is better to follow the rules to avoid the virus spreading also there are a lot of countries today having some problem and making protest because they want to have a test to make sure they don't have any virus but the sources and the test kits today are limited also the curve of a number of cases does not go to flat right now. |
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One of my biggest regret on making an investment is already happening previously when the market price of the bitcoin falls down because recently on the first month of the year of 2020 the market price of the coin falls down and by that, I made an investment before it happens which takes a lot of time to hold again and gain more profit on the previous falls down on the market I made another investment which is a good sign because I bought a lot of coins and makes a huge profit when the market price of the coin comes into the 10000 dollars which are right now. Before I do not have enough knowledge about the market movement and investment and made a mistake but by that, I learned a lot about my mistake and wait for the right time again to make a good investment.
Next is making an investment in the trading because on my first try on trading it gives me a winning game and next by that I loss all of my trades because of getting greedy and carried away because of my emotions to buy a lot of coins which is not a good timing and cause by that I lose on the liquidity of the market and this is not good feedback on me. For now, I make an analysis about to come back and win all of my trades again to gain profit.
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I'm not using a trading signal with the use of software because it is quite risky because they have access to your trading platform. But instead, you can use with the trading indicators because it is easier to use one of the most thing I recently use is the Bollinger bands and the because it is easier to tell if there is a movement about the market price of the coin like in MACD when the signal of the MACD line touches the signal line there are changes will come on the market trades like uptrend or downtrend. Next is the Bollinger band when there is changes on the line and does not touches the line there is chances coming and vise versa. It is better to use the trading sinals than using the trading software that notifies your account if there is a movement on the market because sometimes the developer has still access to your account and can manipulate your trades. Im still confused. You wanna mixed all the signals you are using to be profitable in your trading? What software bot are you using so we can guide you? If that software is really effective on your trades, stick into it. Or if you wanted to add some basis to confirm your signal, other technical analysis. And I do hope you know how you can use that time frames since there is a signal on each time frames.
Sometimes there are some trading signals that is the same result which is a not good effect on the trading signal because instead having the different perspective you can use different kind of signal to prevent have the same result. |
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I'm a trader too and one of the most problems I see on my self is getting greedy but I take to manage this kind of actions because we all know in trading there is a lot of opportunities to make more income with the use of it but it requires a lot of knowledge and skills needed to have this kind of possible high earning sometimes if we have a lot of market income to our trades we become a more greedy and except more than the market price of the coin will go up and the cause we need to wait more time and sometimes those times the market price of the coin is falling down right now and some of us getting panic and don't think what is happening and we need to do and immediately close the positions. Instead of having a good market income the result you lose half of the profit you have before because of getting greedy which is a not good profit. If you think you already gained profit take it out instead of holding this money that causes more trouble to you instead of having a good outcome. The human element is definitely the hardest thing to move past when trading. I'm a big fan of tools that help you stick to your strategy, whether it's a PineScript indicator on TradingView or your own custom spreadsheet or something else, a tool lets you write the rules once and remind you that you are or aren't following your own rules.
I agree mate. Because of emotion we tend to break our own trading strategies. I think if we trade like a robot (emotionless) using our proven backtested strategies and always stick to that rule. It will be profitable. It is better if we join into the world of trading we must need to set a aside the emotions because sometimes it may cause too much fear and getting scared and pull out the position we have. |
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We are using the bitcoin on our transactions because it is easier, faster and secured and even we already have a lot of benefits using the bitcoin still it has an impact to the environment first is the miners you already stated because miners use an electricity too because they are mining with the use of their computers and some of them are using those computers for 24/7 just to mine a lot of bitcoin it has a lot of consumption of the electricity and where do resources come from it is from our natural resources. If you are in a country which has a low electricity bill it is good for mining but if you aren't don't attempt to mine because the bills are higher than your earning but still it is on your decisions. Also, we have cloud mining today you can use this to mine too.
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Many people told that the cryptocurrency trading is one of the easiest ways to make and earn more money so there are a lot of newbies making their own trade on this kind of platform having some of the problem today of the newbies are losing their funds which cause a lot of loses and getting more decreasing on their funds. If you are a newbie in trading and win your trade unexpectedly that was good news to you but you cannot escape the losing phase on trading.
In trading, knowledge is the most important thing you must have and it is better to keep updated about things happen into the world of crypto especially the coin you want to use to be more aware if there is a possible going uptrend or downtrend. Also, it is better to use the properly fit trading platform on you IMO I used the binance. Also having knowledge on the market graph makes you more help about the possible outcome of the coin next is the use of the margin trading this is the riskiest one if you lose your trade there is a chance to lose on your funds because of the margin trading set the leverage that you can afford to earn.
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As we can see the bitcoin becomes popular from the previous years and it is not anonymous let's say the creator it's self because he doesn't want to show himself right now because it is a huge responsibility to taken the coin which is not going good to get more attraction but the creation of it the bitcoin becomes public for over a year's which is a good thing we have. There are a lot of people using this kind of coin even the altcoins because they see the potential of this coin to make more profit on them also even this coin is going to the public the transaction on itself is in a private, all of the transactions are secured with a cipher and decoder also with the help of the blockchain technology this kind of innovation becomes safer because it is not prone to hackers all of the information are going to encrypt into a new block which is create a piece of new information and another cryptography even this is secured the transaction are still transparent which the users can see the outcome of this coin of there is some confirmation happening or now. And ten years after, Bitcoin is at the heel of government, they are now enforcing exchanges for KYC and anything that can identify us.
The network itself is still quite good for privacy to some extent. It is impossible to expect the government would allow any asset or any exchange to accept users without any KYC, they're doing some business and need to hold some responsibility. The AML thing and so on is almost guaranteed to be mandatory when you use a centralized service. So, the solution would be don't use them. It's your call. Becomes a decentralized use of the bitcoin the government restricts this kind of method of payment and transaction so they create a platform that the user can now securely using the KYC to identify and limit the transactions becomes now centralized. |
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I think not all the small investors because there are some people who made an investment when the altcoins have a good market price too in the previous years. Sometimes the altcoins are going up the same with the bitcoin-like happens previously to the market price of the bitcoin reaches over 13k dollars and the altcoin for example is the ripple each ripple reaches for over three dollars which is a huge improvement too. But today I think there is a lot of issues on the altcoins because some of the investors already made an investment on bitcoin because they know the halving is coming which is good because there is a chance that the bitcoin now beat the previous resistance of the price. But many investor get profit after investing from bitcoin to altcoin, I know altcoin can dump extremely but have bigger chance to pump on higher price more than 300% and profitable than bitcoin, just 10% until 20% for bitcoin back up to higher price and take more than two or three months, but for altcoin we can get short time about one or two weeks to get on higher price and exactly could dump more than 200% just few days.
Stil,l there are a lot of people supporting these altcoins because they see the potential of this coin to make an increase which is a good thing but it takes time before there is a market change but we cannot tell because the market is volatile like what if there is an investment comes upon for example in ripple it is a huge change there is a chance that the ripple may go up for over 1 ripple equals to 2 dollars. |
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If you want to become included and earn more a lot of profit with trading one of the basic things a trader must need is the knowledge that is good that you are taking time to read a lot of articles and news about the trading and the coin you want to use but again is careful because not all of the sources you get are quality or worthy because some of them are just not good content. In trading you cannot escape the phase of losing your money it is part of the trading and but still, there is a chance that you can avoid this kind of scenario. I'm a trader too in futures binance and it is easier for me to make the trade when I know what are the trends on the market graph also it is good if you know how to read the basic graphs in trading like the higher high, lower lows and etc. Next one of the most essential things you must need is the trading indicators it may help you a lot for the next movement of the coin if you are going to buy long or sell short. One of the riskiest things we can encounter in trading is the margin because it can be your friends sometimes it can be your enemy always know your limits if you think it is not good to make a trade make a skip if you know it is good to go a head, set the leverage that is you can afford. Again don't make a trade that you cannot afford else cause of liquidity and loss a lot of your income.
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Having multiple accounts is allowed on this forum but not allowed is getting used all of your accounts into a single campaign and enroll or apply those accounts and get those positions it is better to give chance to others and apply their account somehow they deserve this too and give them chance. Most of the campaigns already said on their rules they don't accept Alt accounts instead you will receive a report or a negative trust. Don't be greedy give chance to others who deserves it.
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If you would like to make a trade and afraid to lose your money trading is not for you. Trading is full of risk having a mistake on your decisions can make towards to loss your money immediately I prefer if you don't want to lose your money make an investment on time to take study about the use of the trading, trading graphs or the market graphs or trading indicators because it may help you a lot how to make more money. One of the things you could do to make more income is the margin trading and this is I highly make riskier to your trades it may cause of liquidity.
If you want to earn and don't want to lose money it is better to make an investment when the market price of the coin drops by that you can only get a small percentage of income. Profit is still a profit even it is a lose small or large amount.
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There is a lot of my with the use of the bitcoin talk because it keeps me to be updated about the things happening which are a good thing here are some of the bitcointalk gives me and more improvement.
Analyzing most of the time we are making content or just giving feedback on the things they have a problem but sometimes we cannot solve it really. The bitcointalk helps me to think smart and analyze what are the problems how can we solve this what are the other way to organize and use that information and make a good conclusion to solve the problem.
Be productive not all the time we don't have a campaign or other kind of activity to do, but the bitcoin help me to show my skills like participating some events that help other people. Showing your skills and knowledge to other also gain more information.
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I think the topic you are opening is good for trading because it is you are the luckiest person and the riches one once you made an investment into the bitcoin in just 9k dollar market value and you make a profit when the price goes up into 9010 dollars it is quite impossible that you can get a lot of profit on just that movement even an investment you cannot earn double up your money like not but in trading, it is quite possible because we are using the market volatile to make more money.
On investment, there is a possible chance that you only earn ten (10) percent or less on your profit if the market moves up into 1k dollars. In trading, you can make a lot of earning because of the market margin this may help you to double your funds immediately which is a good and instant profit I think you got a misconception on the use of the bitcoin. Read more and learn more also learn from the comments and suggestions by the other people.
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There is a lot of benefits of using the blockchain and many people today are using this because it is trusted and encrypted which is the users favor also the transactions are transparent so both transactions of the users are good because it is easier to identify if the transaction is getting confirmation and process. Many people would like to innovated and adopt this kind of activity because it is more secure about their information also it avoids getting too many expenses like the storage because some of the business today is with the use of file cabinet system which is already old and we are aiming to have a good storage of all of the information we need. Ok so basically blockchain is used only for cryptocurrency and that’s it. For anything else it’s useless because everything else can be created with existing tech
You can create cryptocurrencies without using blockchain technology too. Same applies to everything else. What is blockchain? In simple words, a method of maintaining database where data is stored in blocks and hash of each block links to the next block, that's it! You can adopt this principle and apply blockchain for maintaining database for any project. It will neither make your website decentralized, nor tamper-proof unless you take care other stuffs as well. When I talk about other stuffs, it includes the methodology of creating new blocks, place of keeping database and difficulty of tampering database. Methodology of creating new blocks : If new blocks are added to blockchain on sole discretion of creator then your blockchain is not decentralized and adding no value. You can simply go forward and design your project with simpler database structure. If, there is some protocol of adding new blocks like in case of Bitcoin we have the protocol of adding new block when someone finds a hash whose value is less than the target difficulty, only then your blockchain is decentralized and adding value. Place of keeping database : Next important thing is that where are you keeping the records of all blocks. Are these kept on single device or spread across number of devices where each device is keeping the copy of blockchain. If the storage is centralized then your blockchain can't be said decentralized and adding no value. On the other hand, if anyone can maintain the copy of database on his system then it would be difficult to temper data across all devices making your blockchain valuable. Difficulty of tampering database : This is most important point. If you can manipulate the data that is stored in blockchain and re-write whole blockchain easily, then your blockchain is not decentralized and adding no value. The value of blockchain depends upon how difficult and costly is to manipulate the data in any block and re-hash the blocks above that. In case of Bitcoin, even manipulating one block less than the current height and mining two blocks above that to make that the longest valid chain is very very difficult which makes bitcoin decentralized up to great extent. So here is your answer. You can use blockchain technology in any stuff you want no matter if it's cryptocurrency or a social media site. But if your blockchain is not fulfilling these three points then it's better you adopt simpler structure of database maintenance. On the other side, if your blockchain fulfills these three points then you can surely create any project no matter if its social media site or any kind of other utility. Today we are using the blockchain into the world of cryptocurrency because it is easier to use because of a high level of security also on every information of the blocks it can create a new duplicate of information is the blocks with another private key which is a good thing because we can now freely safe on this kind of cases. Also one of the most popular kinds of databases today is the cloud because it is more on the internet even there is trouble happens there is a backup in the cloud internet server which we can recover immediately the file. |
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