From my perspective i see most of altcoins are in red right now, even the most popular altcoins. There all in red, the reason why they're all going down as well. Is that bitcoin is falling and all altcoins depends on the price of bitcoin as they're source or back up. When it comes to FUD most people convert they're altcoin to btc.
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Dont invest money you can't afford to lose every investment is risky especially if all of what you have is on the line. Crypto currency investment is very volatile so you might panic when things goes red then decides to sell due to your emotions and ending up losing than gaining. So i suggest to do some research first to avoid this kind of scenario's.
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That could be possibly cause ive read some articles that's discussing a large amount of spoof(fake) trading volumes are being transact in exchange/trading sites in order to manipulate the market to make a bullish or bearish run. That's why the US government is regulating exchanges and investigating it's past transactions.
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Before trading make sure you do some proper research how to trade, how and what to buy and when to sell. Also try to learn some indicators, fundemental or technical analysis, candle pattern. If you get overwhelmed and dont know what to click in a trading site try to watch some vids or read FAQ on how does the site work.
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I think that is prohibited from this forum actually many moderator are monitoring users who is doing such activities some even got banned. Not only the mods but also the DT members who will potentially give red trust if you get caught doing it. So i suggest to dont use the merit system cause it's either you'll get ban or red trust.
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Recently there was a 120 billion worth of bitcoins that's been stolen this was way to much carelessness that's to big of a loss. And of course it affected the price big time all went red when the price was still on it's way to recovery this hackers should be traced and be put in jail as an example to others that there are consequences in life.
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Traders should learn a thing or two from this user. Why would you panic sell and lose profit when you've put all your money to bitcoin which we know that will eventually recover over time. And if your updated with the news you wouldn't panic sell, instead you will do the reverse that is panic buying. Cause of whales purposely bringing down the price to reinvest.
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The human mind is ever changing there's no algorithm or pattern about that. That's why we can't rely on past statistics cause it might become obsolete. All we can do is observe the whales new pattern, read and be updated to news. Price analysis is meaningless in crypto currency because it's very volatile.
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Nope i think bitcoin is fine the way it is, that's the whole point of being a virtual currency so we can transact money digitally and not physically. And i think it's more convenient this way cause some countries has some limit on how much amount you can carry from your country to another country, and physical currency is hard to transfer especially if it's a lot.
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This is what people failed to do the most. They get greedy and spend everything on things that they dont actually need or a necessity and when the time comes that they need money like for emergencies or important matters, they got nothing. Spend wisely dont spend what you can't afford to lose. Instead invest it to make passive income or put it in the bank.
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The reason why bitcoin keeps crashing is because of whales conspiring to make it happen they want to reinvest into a much cheaper price. Plus there are ton of bad news that's currently happening into bitcoin one of the biggest negative news that is affecting btc is google and facebook banning ICO's advertisements.
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There's no need for a price analysis for Ethereum token the reason why the ETH price went bearish this past months because it's main source bitcoin has been crashing so no matter how much other say ETH is better than bitcoin. When btc falls all will go down.
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An online shop is a good idea but also quite risky because you can't make a fix price of the products due to volatility your customers may see a chance to exploit it and buy cheap items that's why bitcoin is not yet suited for e-commerce. Unless you have script that automatically updates the price when btc price fluctuate's.
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That depends if that country decides to put regulations into it. If they wont even tax it then that alternative currency might destroy their economy if the citizens decides to use it more than their own monetary currency. Fiat and virtual currency could coexist if it has proper regulations and balanced so it wont contradict each other, virtual currency could be an asset instead of a threat.
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If your a bitcoin enthusiast you can't really define how much time you've spent researching bitcoin and i keep learning on it cause i like spending time in bitcoin forums like this. I even joined some crypto groups in social media cause i like to be updated on the current events of bitcoin.
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It's easy to do if you buy something with a higher price then sell with a lower price then you've successfully achieve the trading without capital method. But if you really want to become a trader you should not do this because obviously you will lose money. Even if you have to become a swing trader for profit's sake. You will wait until the price recovers then sell.
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I heard the price fluctuation is not by accident or bad news but it is intentionally being brought down by the conspiring whales that plan's to buy lot more with cheaper price. It could trigger another bullish trend there are even more rumors that they're planning on bringing it all the way down to 5000 dollars. And im waiting for that moment.
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Bitcoin has been recently pumping right now but it quickly went back from 7700 to 7400 dollars looks like someone is buying lots of it then others have sold when the it hit the price of 7700. The price fluctuation may be cause by whales or other matters like hacking, regulations and advertising bans by facebook and google.
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I think it's a win for btc if government's accept it and regulate it with fair amount of tax and rules. And it would start a new development and progress and merchants from that country will start to know and use bitcoin as their alternative way of payment. Bitcoin being regulated is needed for bitcoin to reach even further heights.
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Technically being greedy without research, analysis and having no strategy at all is dangerous and will possibly lose your money. Like what i did i made a wrong trade because i got greedy because i thought the price will be bullish after that but the price crash even further now im unable to sell and have become a swing trader.
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