I have no problems seeing a bright future for BTC, but after a major retracement it might again take many years to recover. Look at the last sell off down to $3700. It took almost 4 years to make new ATH.
So should this be the major, expected drop, it could again take many years for BTC to reach 100k.
Many people will be dead before BTC will reach 1 mio.
What situation makes you think like this? is Bitcoin breaks its support area? isn't Bitcoin bounced from here anytime? Even when Bitcoin was dumped in 2017, many said that Bitcoin would never be able to cross the previous ATH. Proving everyone's idea wrong, that bitcoin has now reached the quota of 60,000. Nothing is impossible for Bitcoin. Epidemics like COVID-19 has not been able to stop this growth of Bitcoin. So don't spread rumors, work for Bitcoin adoption and validation. It is hoped that Bitcoin will be officially accepted by Govt and Bank soon. Maybe the OP gets too emotional of this btc dropdown of price. But don't forget that bitcoin has always its roller coaster price changes because of its high volatility so we cannot expect that bitcoin will always stay on top. The price will definitely drop down like we have witnessed now. For old traders, this is not something new to worry about but for beginners, this will be a big threat for them to come up with panic selling. |
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I agree. There is no need to be feared when there is a dump happening because it is just a short term dump. Overall, when you look at the charts, they show a remarkable sign of a stable uptrend. Therefore, a big correction like this is necessary for not just bitcoin but also the altcoins to grow and become stronger
That is why I always tell my friends that money management is very important. If you have a reserve fund for an emergency situation like this, you would have chances to buy cheap coins and tokens. But if you are not able to do so because you do not have enough money, just hold.
Holding when others are panic selling is really hard and challenging because you'll never know what will be the next dump price. Otherwise you may also sell your coins because of fear of losing. But i've learned my lesson and that is never be fool on your own emotions. Dump season will never last long and after that, the price will recover eventually. |
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I'd never see it fast if that we only witness the pump and dumps scheme. I believe we are heading in that direction but we can't go for that straight and easy. And I think, it is quite impossible to reach it this year. Ain't hopeless but to understand what happens to the market now, some Bitcoin holders aren't really strong to hold their Bitcoin instead, they sell and take their jump into altcoins while some are converting it to fiat.
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Btw, this whole VisMin cup has been temporarily suspended as the investigation was still going on. Some says the other team (the low scoring team) has been banned, while the other team had several of their players suspended and fined.
This is what happen if the rigging is rampant, it become obivous and as a consequences, not only the team are put at risk but the whole league, imagine how much money they loss because of this suspension. I guess there should be a bigger punishment for those who are found guilty, a ban in any league for life would be suited for them. @Kelvinid... Thanks for posting it here, it's already relevant to the topic. |
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You can read a lot of numbers out there. Some experts say it can easily go to a million, but you also have those who say it will go to zero. I am 100% confident it will never go to zero.   It can go to a million but no one will really have to know when, they're all speculations. Me too, not going to zero, it's just another myth. People are exaggerating, going to millions and going to zero, that's not likely to come anytime soon, but comparing the two probabilities, bitcoin will go to millions is likely, however not instant or in a bull run like this, it will take time and with good foundation, it could happen since demand will continue while supply will continue to be lesser as well knowing how people are holding bitcoin. |
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why I call it a ponzi because late comers pay for the early adapters with their cost of bitcoin is almost nothing
in early days of bitcoin people just mine it for fun........
why I call it a bubble have you ever seen any investment can start with almost nothing and went up all the way to over 60,000 dollar per coin in a decade time?
even if you count it from $1 per coin to over $60,000 that is over 6,000,000% return in investment
what do you think?
may be it is just my silly thought....
please comment. thank you.
And have you ever seen a bubble that lasted a decade? If you think btc is a bubble that will soon burst then tell me how many bubble or ponzi have you seen that lasted a decade? If you can find out and while you are at it take some time to ponder if btc is ponzi why institutional investors and companies like PayPal, Greyscale, Tesla, and others are part of it, I don't think this reputable companies will have anything to do with ponzi. Right. Big companies won't suicide having to interfere with only ponzi or bubbles because it's only a big waste of time. They must have seen the high potentials of bitcoin because they trusted in it and now, bitcoin is still leading the crypto market. There's no ponzi like bitcoin who's still up in the market after 10 years of existence. |
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If you feel confident about the future growth of bitcoin you should invest in it and hold it for a long time until the market price increases sharply and is able to create new history again like it is today.
but if you are looking for profits in a short time, you should do research on each coin that will be traded and buy top volume coins, of course it is very appropriate to be used as a short-term trade
If you want to make good profits in the future, then focus on investing in bitcoin. The price is quite expensive but the returns is really worth the wait. Don't bother investing or trading other coins as they won't give guaranteed profits, otherwise you'll only lose what you have in your portfolio. |
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Expect the unexpected coz we have nothing to be sure about it. Dogecoin never has an impressive market pump even though Elon Musk tries to save it.
I'm not sure for XDN as well and I'm not going to expect that what happens last 2018 will happen again. Maybe we have to closely check on it as altcoin season just started.
Anyway, there is nothing special with these two coins, so it doesn't matter for me who will be the next Doge or the next XDN.
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 Break of a trend, are you happy now Its now trading below this diagonal line shown here which in theory gives us some significance to observe. Its only 1hr bars, I havent looked seriously but in any case I have been thinking a return to weekly average would be reasonable for a few days and thats the 60k price Weekends are coming so I expecting that the price will turn back high again. That will be another break again, and we often experience that from now on. We are staying for long at $50k-$60k price range and never have a chance to drop below the line for a few weeks (if I don't miss it). There is so much demand helping Bitcoin price to stay the line, we experience some corrections but that easy to recover. |
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Some of my friends still don't know what crypto is, only one friend is asking about a new exchange he recently stumbled upon. It's really weird since he doesn't really know crypto yet but he is already researching about exchanges. I honestly don't know how to teach someone about crypto so I just told him to watch YT videos They don't have interest and even we are talking about how great it was, they will keep ignoring it. But when they can see it on you that it has positive results, they will be rushing towards you and ask for help. That actually happens to me, they'll now in asking how to do that as they saw my achievement. Really that a funny thing to see but they are my friends, we are spreading crypto, and that they have now the interest this might be the time to tell them either. |
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At the moment its' hot, but in the long run, I guess it will drop because it's overvalued due to hype.
This belongs to the so called "manipulation" in the crypto space and it only happen because there are still lots of investors who lack of knowledge who join the space, a typical example of FOMO but after the FOMO, you know what would happen already.
Right now we have a lot of DOGE lover, but sooner they'll turn into hater.
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Now from the MPBL. DOJ to file criminal raps against 17 in MPBL game-fixing caseFittingly, news of the breakthrough comes just a day after a new regional league, the Pilipinas VisMin Super Cup, banned one team for life and suspended and fined members of another ballclub after a dubious game.
Curiously, among those charged were Joshua Alcober aka Desmond Alcober, who was one of the members of the Siquijor Mystics ballclub that was hit with a lifetime ban on Thursday following their controversial match against Lapu-Lapu. This is the right thing to do, charge them criminally so everyone will see this as a warning not do game fixing which ruined our reputation. |
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Too bad LaMarcus Aldridge retired early but health come first. I wish him good luck on his journey after his successful NBA career.
It's time to spend time with family now. He probably already has enough money for his next 5 generation grandchildren.
Financially wise, he already had it if he is not a heavy spender. He had some good contract with the Portland and Spurs. Here's the list of his salaries in a yearly basis _ https://hoopshype.com/player/lamarcus-aldridge/salary/You'll be amaze how big it is, and I think living a simple life would already make a person financially free with that kind of money. Yeah but this kind of people who dedicated his career in sports will not gonna be contented by just sitting and watching other players playing the game he once enjoying. It's sad to see an early retirement for him. I hope that he can find another opportunity for his career to be use. If he will just be positive despite of his problem, he can find a good life after basketball. We never know what lies ahead but if we trust God and trust ourselves, anything we like to achieve could happen, his basketball career is over but not his life. |
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Therefore my pick is Celtics -6.
Looks good, I'm tailing this pick, Celtics on a hot run, they'll probably continue the win streak here. It's the Lakers first home game after a road trip, so they could be a little off or tired, who knows, I'm confident Celtics will win but 60/40 on covering the handicap, still a go for me. |
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So top 10 of my portfolio consist of the following based on my blockfolio.
1) Atlant
2) Edgeless
3) Centra
4) Humaniq
5) Matchpool
6) Lunyr
7) KIN
8.) FUEL
9) SONM
10)NPXS
Please tell me if I should still expect I will be profitable or just give up now already.
KIN and NPXS, these are the coins has pumped in then bull run, I hope you already enjoy the profit and you don't miss the updates especially the token swap of Pundix (old) to Pundix (new). The rest, maybe they will not pump anymore due to lack of liquidity in an exchange. |
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I am more and more confident with bitcoin even now there is good news about bitcoin such as buying a car with bitcoin in the country of Indonesia applying using a bitcoin dowry. This is extraordinary, maybe in the future bitcoin is increasingly in demand and the price is getting more expensive.
As time goes by, the development of bitcoin continues to develop well and it cannot be denied that there is a lot of good news about the adoption and innovation of bitcoin in various ways and can increase the price of bitcoin which makes bitcoin users continue to grow. If bitcoin is used as a dowry, that's a good idea and on the condition that the woman should be able to use it and understand how it works. because if bitcoin is used as a dowry then it is a woman's right and must have a wallet and other conditions for storing it. Bitcoins as a salary, a dowry, could use to buy stocks, real estate...It definitely will be going that far as people would like to use it and establishment are also accepting this. Such development and adoption take time but we are not in hurry may be, and this will going to happen in the coming years.
I was also excited to use Bitcoin in our place but that seems too far from now, I know it won't be possible but I think, not only a decade to wait, it probably more or maybe I can't enjoy it anymore. |
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We think that hypes are made by whales, so keep the lookout on the market trend as that only be our basis. You can't hear them telling that, and I really sure that they don't want other people to know their plans. So, your only option OP is to monitor the market activities. But I believe you won't able to catch them. What you gonna do now and might others are also practicing this thing to choose coins that are potentially profitable and have a huge trading volume. Not just following the whales as that might catch you then, somehow.
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Reading alone will not be enough, starts to apply them in real life and don't forget you can get the knowledge by reading but you can make successful trades by applying those strategies only when you are practicing it. Application is very important to know if that strategy is really working and to test ourselves if we learn something from what we read. Because that all be useless if we just keep it and never do the execution. I really appreciate such a compilation and I hope those people who are searching for books like this will catch this thread and could also read these books. But, the learning doesn't just stop there unless if you feel enough about it. We can be more successful if we never get tired of learning. |
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Honestly, I prefer the Mickey Garcia fight, Crawford is just too big and dangerous for Manny.
Bradley said that Crawford is in danger if he'll fight Manny. That's correct, while some people says Manny is in danger with Crawford but that's the same sentiment when Manny fight Thurman which is actually bigger than Crawford IMO, let's not overreact here, expert knows better and Manny himself knows he can beat Crawford that's why he challenge him. There's only two impression that people could make neither they would go for Crawford or would be going with Pacquiao because each fighter does have its own set of fans where criticisms and those assumptions would really be there so lets respect their own views but we know that majority will really be sticking with Pacquiao in terms of experience and technicality but im not saying that Crawford wont really be giving out some good fight.We know on how good Crawford is but i would say that it wont really be that enough to beat Pacquiao. Let's hope this fight will be realize, that's the first step then we will start with our speculation. As a fan in boxing, we have our differnet opinion on this fight, some are bias because they are a fan of either Crawcord or Pacquiao, but that's what makes this particular match more exciting as people think both fighters have equal chance of winning. |
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I'll take a risk for tomorrow.
Charlotte Hornets versus Cleveland Cavaliers.
Cavs +4.5
Good news: Larry Nance Jr. and Jarrett Allen is back.
Bad news: Garland out, Sexton questionable with groin injury.
I am still positive Sexton will play since he already had his rest. They need someone who could answer the offensive power of Hornets.
Their defense below the rim is packed with shot blockers again but the outside defensive line could be left open.
I like the under in this one alot. Also I like the nets +7 and over 227.5. I know nets are beat up and on a second night of a back to back. (This is all if kd is playing if not I dont like this game) Looks like KD will not play in this game. Kevin Durant, Blake Griffin, and Others to Miss Nets vs. Sixers MatchupThis could be so easy for the Sixers as the big 3 is out for this game, they'll beat the a shorthanded Nets here. |
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