I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged. I have great hope that bitcoin is going to increase in price and volume in some years to come.
Why should we be upset my friend! I think we have nothing to be upset about. Every day and month the situation on the cryptocurrency market can change both for the better and for the worse. I believe that we should just do our favorite thing and wait! Right.We should stay positive and keep holding our coins even if the market price continue to drop.Bitcoin is very volatile so we can expect that after this dropdown of price,the price will surely rise up again. We have experienced conditions and price changes more worse than this, and in the end the price of bitcoin can be recovered right? we don't need to panic let alone despair, all you have to do is hold and continue to be patient, the price will definitely improve, calm down dude! Well it did happen before yeah but not a lot of people lost money as much as this current correction. Bitcoin was all over the news when it was making a run last december so a lot also jumped in without really undrstanding what it's about. Your attitude indicates you made your studies before investing and yeah, it may seem gloomy right now but your patience in holding will eventually pay off. |
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Every successful trader knows that crucial part of crypto currencies and trading is simply your patience. It is everything. You can ruin your chance of getting a money that you need and want if you are not being patient. You can practice it ....
Not only trader mate, if you are just invested on any cryptocurrencies also you need to have be patience that time too. If you are looking to make money crypto currency investment as a trader or investors just wait for sometime till the value grow in the market. It will be grow in the marketplace as I saying now. Well a lot of good things come from being a patient trader but it's not the sole most importsnt aspect. Being too passive Can sometimes make you lose favorable entry or exit points. You have to also be smart and sound in making real time decisions since the market fluctuates a lot. |
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Maybe it goes into the short-term bull market because I don't see a lot of positive things, it's not the time for us to rise higher, in front of us, the SEC is ready to always prevent it with news, we have to wait to see how far we get good attention from the SEC , this is not the Banteng market but this is a very normal increase with a very small wave played by many people, just wait for the news later this year.
Well an sec approval may not even be good news since there are still a lot of people in the community who would prefer us to steer clear of any government connection. Though if we are indeed running towards being bullish, it doesn't seem to be like that for the moment. |
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I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn
You just need to be patient everytime the market drops. It's not easy to be a professional trader and you cannot learn it overnight. Also you should be careful in monitoring the price of each coins to avoid fatal loss. Well patience should already be high in the list of attributes for a decent trader though you can only really learn that through experience a lot of good practices stem from it like emotional control. And i don't think reading charts guarantee a favorable result all the time, but knowing how to will help in your analysis. There's a lot you can learn just browsing through the past subjects in the forums. |
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Day trading is good and was a good source of income for many in times past, technical analysis these day fail often because of those who manipulate the market, it is made worse by exchanges putting up incorrect data to traders.
If you get it right and can make some money then it is a good thing as you can keep earning some money which can help you to atleast pay some sort of bills and this will also act as a part time income and you can support your family as well. Not a god idea. As stated before, the market is quite often subject to manipulation, so if you're a regular trader with just enough funds, then it's not a reliable source of steady income. |
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after all the drops I think this is not going to happen soon and obviously not this year we just have to get patience and wait
After all these drop in Bitcoin price, should be bull market, because that how it works, after every drop in price , every time price goes up again. So i think the price will reach the $20k in the end of this year. Lol. That's funny. You seem to be not paying much attention to the market movement this year dude. A lot of experts have given up on another ath this year and rightly so. We've been under the bear market for most of 2018 and even a strong run by the end of the year would probably be enough only to get us past 10k |
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even today, bitcoin continues to show a sharp decline. well, whatever affects this. but, worse than that, even the price of ETH also became worse. the decrease in btc in cmc was 12%, while for ETH it was 20%.
Eth has been in a worse condition that btc obviously and i think that btc is faring quite well even with these sharp declines because it's been slowly inching it's way positively, not breaking that 6.5k mark. Can't say the same for eth though but eventially these two will make a comeback |
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I don't think this a reason that can cause bitcoin to rise to such astronomical price. Bitcoin at 50k will be hard to achieve in any moment from now to the next 3 years. The market is not favorable to bitcoins and besides there are new coins competing with bitcoin in the market share.
Yes that is right that it is difficult to happen but not impossible. I think that 3 years is a very big time for bitcoin price. I think that it can even happen in a single year. In previous year bitcoin price increased for more than 16000$ in few months, so that can even happen again and bitcoin price in next few years can easily reach to 50k. Well things are a lot different then when btc made that bull run. We're not coming from a 60% decline and a lot of people got in because of hype and curiosity. I don't think that's going to be a factor in a bull run right now since the decline didn't quite paint a good picture for new investors. |
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this is good news because today bitcoin has declined again. everyone wants to get good news but I hope this isn't hoax news, maybe you can provide a real source
Well i don't think you should take anything like this too seriously because they're all based on people's speculation. I mean, yeah we're probably headed to that point but there won't be any shortcut and it may even take a while before we even get to half that figure. |
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I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin! In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion.  1 Million dollar is a huge price and it is not possible as you are predicting right now, also share from where and how you get about something related to the price of Bitcoin. It will go higher or will cross the 30 k US dollar price by the end of this year which is a better achievement for the Bitcoin and those who have investments in this market will enjoy that time more than anything in their life 30k by the end of year? That's as farfetched as the end price being 1 million. Bitcoin still has a long way too go and who knows, it seems that nothing is impossible with btc even though a lot of people arr pessimistic about it. I'd be a little conservative about it and place my bet at 150 to 200k in probably 5 to 8 years. |
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I think that this time we will linger at around 6000 and below will not go. The market is talking about growth and bullish trend at the moment. The global correction is about to come to an end !
What is the growth trend that you are talking about? The market still has no significant adjustments, bitcoin is like being invisible control. This cycle is not over yet. I really do not know the market talking about growth and bullish trend that he is referring to. This is still the bear's market and people are failing to realize that. It is not about creating FUD, it is just something that is simple and plain. The demand so far sucks, and this is because of the mindset people have over just getting rich overnight, and with less concern of the major benefit they stand to gain in making use of it for transactions, and hence, has increased the speculative nature of the market. As far as I can see, this market is not done with the downtrend, and there could still be lower lows to come. Hopefully you're wrong. Though it seems that going close to the 5k level is also quite farfetched right now since btc is showing resiliency amidst this bear market. I personally think we've already bottomed at 5.8k this year |
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I do not think bitcoin can go any lower than that. The fact that the price has been falling would make people buy more. As to up-to-date, the price is increasing significantly. And I hope it will continue to rise. However, the problem is that bitcoin is unpredictable. If the price rises, then we have to expect the unexpected. I am not saying that people should sell their bitcoins right now. But all I am saying that people need to be patient because the price will grow.
So are people buying more? when price is higher every say how they would buy more if have chance to travel in time. But when price falls they just gets scared to buy anything more and think to sell. People are probably waiting for what will happen next. Not.buying nor selling until we see a significant movement that may indicate another run. Weak hands are shaken off so i also think 5.8k is where we've bottomed out |
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Many people are linking this sudden fall in the price of Bitcoin as a speculating news which states that CFO of Goldman Sachs was planning to drop a plan to build a Bitcoin trading platform, causing the price of the cryptocurrency to crash. I mean, I guess some investors might have held in to Bitcoin because of this plan. Now Goldman Sachs has clarify this as a false news, hopefully the price will recover back.
Well the good thing is that it held at 6.7 none the less considering that a news like that before would've plunged the price steeper. And it's slowly getting back to 6.8k. |
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We will stay in the bear market as long as we stay below 10k.
Only above 10k we can talk about bull runs.
not necessarily. we may see a bull run after ETF is rejected by SEC this month and see price start shooting up after $7.1k. or we may see a very slow rise up to something like $15k which can take until mid 2019 and then see the big bull run with the fast price rise to the moon. All these are possibilities that may happen or may not. We've all been caught in bull traps before though i tend to agree that we may be moving slowly upwards but not to the extent of considering a legitimate bull run. |
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Is Bitcoin ready to pump?
After a long wait, everyone wonders when Bitcoin will make a big pump. Many altcoins depend on Bitcoin and so it has some effect on them. So my question is: do you think Bitcoin is about to go up or should we expect a big drop?
You know what? Don't expect anything. Who knows whether it'll pump or dump? We've already been receiving beatings from this bear market and having our expectations crushed again and again would only result in more frustration and regret. |
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Do you really trust chart analyst?lot of people predict bitcoin price with chart analyst.but i don't trust them.i think bitcoin price and other crypto price depend on supply,demand and NEWS.
I only trust chart analysis depending on the site i am looking because there are some market with inaccurate data so i prefer using coinmarketcap because it was highly trusted by everyone. Well trust would be a broad term but i do sometimes if it seems to have been made with sense. But it's different to depend on them. Still a lot better to keep yourself informed and educated with what's going on in the market. |
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I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?
Continue holding and avoid selling at this moment. Profit will be lost if you would sell at this moment knowing that the market value of not only Bitcoin but most of the cryptos are on downtrend. Once recovery start, that would be the right time to sell depending on your satisfaction regarding with the price of your holdings. Dumps are not permanent so we may expect for positive marks soon. For now wait and hold. Well if you bought last march, then you'd still be in profit even if you sell now. But it's probably better and would be more profitable if you can wait for the price to move upto another ath. That is if you can afford to wait a lot longer |
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This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?
the worst case scenario for bitcoins is when the government is banning cryptocurrency on its country, in this way people will not be able to invest and bitcoins might die in the future. Yeah that's even worse than whales dumping to 1k, since we can still expect a good comeback. Illegalization of crypto may very well put an end to this market and to all our crypto dreams. |
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We all have seen how bitcoin crossed $20,000 in December . When do you think this will happen again?
Yes it will actually happen it again due to availability of cryptocurrency in other countries as well so we should invest a huge amount today while the market price is still low in order to earn more profit in the future. It's a bit careless to ask people to invest a huge amount today since, even if we're confident that another ath will be at work, it may take time and not all of us can afford to hold that long. That's a mistake a lot of people made when bitcoin was pumping crazily last year. |
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I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.
Since it's ok to say Bitcoin is an investment and the majority here doesn't see a problem, we can call them investors so. Seeing the numbers of negative topics with the generic "Bitcoin is dead" "Bitcoin lost 1% in 24h I am afraid...". We can say YES they are in doubt. And seeing how many times per week they do it's fair to say it's paranoia too As per observation, the pump experience that is happening in the current situation are just very slight corrections and as you can see the price adjustment going for an uptrend movement is just slow compared to what had happened last year. Bitcoin price will always depress anyone who invest a huge amount because the market today is dumping but since the market is volatile so we can still expect for the price to increase in the future. But the most factor that influence bitcoin is the demand of people.People demand of bitcoin through the years is increasing steadily because the popularity of crypto.So we just have to make crypto more popular so that it will keep increasing. Peoole who get depressed are either those who invested without knowing anything or those that lost a lot already in this bear market. There are still a lot of us who are looking well beyond this bear market. |
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