The pandemic took us back to normal and now we are living it uncomfortably.
It's the lesson for us to be prepared for things ahead. Things have changed and we need to adjust.
That's true it's a hard lesson learnt in a harder way but the bigger disaster will be awaiting us once things get normal and we have to deal with possible recession which might have more negative impact on our daily lives. I just hope we adapt to a new way of living with limited resources which are required rather than lavishly wasting our resource which we had been doing until the arrival of COVID19. |
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We need to ignore this guy he lost his respect amongst Bitcoin community and please don't take me wrong I know everyone has their own rights to share their opinion but when he is someone who's followed by millions then he need to understand the chaos his statement could cause as there might be thousands of users who would have invested by going through his staemebt last time and now they will be vulnerable.
I think it's high time he should be more responsible and refrain making such statements.
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A crypto investment scheme named BTC revolutionary has recently gained people's attention after announcing Investors can now earn over $1000 everyday. Also they said to invest in crypto if someone is interested to make investment where they can make million dollars they said, however the government came to know that the project is scam and it was recently ran into trouble with security and exchange commission in Philippines... https://news.bitcoin.com/bitcoin-revolution/ |
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Can't say about Gold as it's completely getting out of my mind how the hell is this asset growing in price amidst global market falldown. But I believe that BTC may surely fall below $3k to make a new low and will start showing big green candles immediately afterwards. I'm not sure about the time because the candles are still showing some positive signs but this is looking like a trap to get shorters out, and when they become longs, the exchanges will short and liquidate almost all their positions till they give us a fresh new low. I'd warn you to wait and watch till it gets even lower if you're planning on getting a leveraged position.
Gold is spiking like a rocket, and crypto is not so good as expected because the two asset are scarce... Currently most of the Investors are moving their capitals only in these two assets BTC and gold. Also I am sure BTC will not go down across to the recent market situation, it looks like from now it will slowly go up as halving is about to happen in a month. But all this will depend on the overall health of the global economy.. |
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One of the major question we face in this digital age is how longer we will continue to rely upon fiat currency. However if we compare fiat vs BTCs richest I will go with BTC because it's a precious gem where you cannot able to elaborate how profittable it is. Also there are big whales who are holding thousands of BTCs and waiting patiently. They are not expecting any popularity like Jeff Bezos  One day fiat currency will be over ruled by BTC because of its dominance is more faster... |
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The reason behind the downfall of Bitcoin is the majority of the people who invested for short-term have already sold their BTC to buy things, I think corona is also a valid reason for this downfall. You are not allowed to work, not allowed to buy food stuff and not supposed to cash out money due to government restrictions, then howcome people will survive???
They want to sell their savings and want to make use of it in this tough situation also we cannot blame them as everyone are running out of money... It's a global crisis where everyone need to understand and move on according to that.
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This chart doesn't evaluate the price of Bitcoin, it only depends on the buyers and sellers. We are almost closer to halving which will happen in May, so be confident and have self belief. Even if it goes to $3800 we have to face the challenges and move on for the next turn, well this is how the market works... from now hopefully the price will not go down, day by day it will be increasing unless there's not a descent pump...
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Its better to go with top 5 or 10, why would you like have a thought till 21??? That's something crazy mate...
There are so many coins listed on CMC but, just give importance to the top coins which are performing. It's waste to time to research on undervalued coins... Keep mind that you have plan for long-term only then you will be able to make some margin in crypto. Cryptos unpredictable nature cannot be guaranteed so research several times and invest based on that.
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Crypto started 2020 with a BANG the prices were slowly going up, after things didn't went in favor of crypto currency. Starting from Australian fire then comes political tensions between US and IRAN followed by corona now.
At this moment you cannot expect credibility in crypto currency, Especially this corona has ruined everything across the globe and definitely it will take some time to recover. Also every alt will be dependent only on BTC price and Indeed short term investment is a very risky move right now.
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The future of Tezos coin looks good when compared to other alts as the predictions are adorable. Tezos has great opportunity to become the dominant chain in the crypto ecosystem, however before we expect Tezos to see large adoption it still need to Improve it's development and make familiar to investors.
With market being unpredictable, Tezos price will be still depend on how BTC reacts. After two years there are possiblities that the price of Tezos might go till $5...
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BTC took a massive hit as the crypto currency market struggling due to corona virus epidemic. Bitcoin failure to gain bullish momentum, BTCs dominance rate has reached a significant resistance level. The thing is it is trading under a bearish trend which makes a break down in the price, Even the stock market is not coping well as COVID-19 scare. It might take couple of days for crypto forum to see a solid spike.
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I doubt this was a whale manipulation all together, sure there must be a lot of whales and it could be a part of it but we can't say it was 100% purely manipulation. However looking at bitcoin right now, can anyone say that it is not a perfect time to buy bitcoin right now?
Look at it, it has dropped insanely low for now, it is definitely undervalued like hell, the price will go up again just for recovery, it will also go up after halving, it will also continue go up after that, and with inflation of dollar we will see bitcoin going super high, when stock markets get a fresh money out of government that will make bitcoin even higher. So, as you can see there are tons of reasons how bitcoin could go up. All in all I think this is the greatest time in 2020 to buy bitcoin.
No, I think big whales are not a part of this downfall. The major drop was caused by the corona scare as the lockdowns are still in progress people's can't go out of home and they are selling their asset as they are running out of money, and yes this is obviously the best time to buy bitcoin as the price looks cheap. Hopefully Halving might turn as a turning point for your investment. |
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2020 looks very scary for me starting from bush fire in Australia then political tensions between US and IRAN and now the corona deadliest disease has been a hot topic right now, stock market, crude oil everything has been crashed very badly. So people will found a new origin to make some money, recent stock market sell off will be an added advantage for BTC. however anything can happen as crypto currency is a speculative asset.
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Justify how did you predicted that? In future anything can happen as cryptos nature is unpredictable. I will be really excited to see that price but according to your speculation it's impossible. So far from 12 years the historical pump was only 20k which happened at 2017, No one is expecting 100k by 2021 because it's quite Impossible and cryptos unpredictable nature cannot be elaborated as it may go anywhere.
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Right now the only language people understand is "Corona virus" the whole world is literally shocked after this deadliest disease is spreading like a fire Similarly this will hugely impact the financial section too.
The global market has already collapsed due to this and it might extend who knows, people need not to panic at this moment future of crypto cannot be circulated we can just speculate that. Cryptos future will be realised only by those who have patience.
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BTC is going through some tough days well I cant say it is recovering but it is okay when compared to last months performance, BTC is steadily going down for the past month. Most of them believed crypto price is correlated with stock market price but now it has proved the guess are wrong, Not only BTC the whole crypto market is down at the moment and I certainly believe that COVID-19 could be a real issue for this crap. Hopes are healthier and let's believe things will turn around and BTC will come back with great enthusiasm.
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Honestly, I no longer believe that the idea of bitcoin or other altcoins will "to the moon" after bitcoin halving. I bought BTC at $ 9k with the idea that it was only a few dozen days for the bitcoin halving, after that it was a shock, I had to cut losses and lose nearly 40% of the value of the assets.
That's why crypto is called unpredictable. Just imagine about those who bought for 1$ and 20k mate , you will be really surprised for sure. crypto is purely a long-term asset you cannot expect a big return in a real quick time. Records are made to break just wait for your day, BTCs price reaction will be observed only when most of them start to buy. Right now it is going in opposite direction which means people are selling that's the biggest drawback of the downfall and obviously the corona virus is a major concern right now. |
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Obviously, it depends only on the Bitcoins price. Bitcoins dominance has risen to all time high this year and I guess decentralisation is the main concept as far as crypto currency is concerned, many altcoins project still haven't gained any traction.
Altcoins used to be the ultimate play in 2017 but now the majority of altcoins fail because they have not done anything as they give false promises and disappoint the Investors this created a bad reputation to the altcoins and till now I feel that's the only reason they are dependent on BTCs price.
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The entire globe is already going through a so called panic named "corona". See no one can judge the price movements of crypto, It is a common knowledge that prices change everyday for crypto currency and it could take time to understand wheather it is going up or down.
To me the prices of crypto currencies are so far so good, panic & FUDs are not going to Improve the market it will only affect others.
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