It will still take months to a year like last two bear market I've seen in the past. Seem nothing had changed, the supercycle is a lie kinda like giving a newbie false hope.
Since the price fell down to 20k, the market will keep retracing this support line for weeks and if unsucessful for probably a month or 2, this could mean a gradual bounce. Not an investment advice though.
from your perception What and when do you think the market will be in equilibrium state. Because i believe that cryptocurrency can get itself accelerated as i portrayed from the first comment after this yea. Because looking from the previous analysis of people early this year, it tells that market can can get elevated like 2024 and 2025, nothing like experiencing of bullish market because of the volatility of cryptocurrency this season. But for the scenario of it value been dropped to 20k. I consciously believe that the falling will not exceed below 20k. |
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I guess since you are a newbie, I would suggest to stick first with Binance so you dont have to worry about the gas fee. You can even fund Binance using your creditcard. Then later on you can start investing using your metamask or buy a Trezor wallet for added security.
Really newbies are meant to use a specific platforms as you portray to trade because i believe that with binance you will understand the rudiments of trading first before venturing into any platforms. Because i know that some newbies is inquisitive to trade for place whereby it's recognized. If i should recommend any platform it should be binance. |
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In my opinion it is better to stay away from the market for now. Let is calm a little bit and then we can start using the stop loss. At the moment I feel their is a panic situation out there and the market will hit a new low this year and then might bounce back.
Those who still want to trade they do need to use the stop loss feature otherwise this market condition will eat up their assets.
your statement and advice is cogent for cryptocurrency trading. Because it's has became obvious that cryptocurrency market is getting downstrend everytime. The best option as you said is to leave the market and when the market restructured you can come back for trading, i embraced such ideas. |
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what happens the next is that we can only watch this bear market,
if we already hold it and don't sell it at a high price, then of course we can't do anything, and if we force it,
it will also be detrimental, so hold and hold until the market back bullish, and don't make the mistake again
Everybody holding bitcoin is skeptical, including other cryptocurrencies. But it's not bad to hold cryptocurrency for long time irrespective the negative impact of market occurrence. I think whenever it's bullish season it's same cryptocurrency you have in wallet will accelerate to to meet up same value you bought irrespective the value of the coin it will still fall back to the initial. |
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Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.
The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?
What will happen next?
How long do you think the market will take to recover?
Asking of the duration of bitcoin will take before recovering. From my observation currently it's something that will happen next year not expecting this year. Because for the market to come up it's through the demands and supply of crypto investors. And the nature of market is very scary that nobody wants to enter's the market to purchase or traders. What we are suggesting now for recovery of market is procrastination and assumptions because nobody regulate crypto market. But due to the red flag of market everyone is afraid of cryptocurrency. |
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Hello everyone. I am new to the forum and also a cryptocurency novice. I havc in the past falled in to scams, and that dinted my Interest into cryptocurency. But recently a friend introduced me to this forum and I have been reading some rules here and I also see how the forum provides solutions and answers to questions from every one. The most fascinating thing is how the forum frowns at scams and cheats. I am here to learn from you experts and hope the forum reignite my interest and fate in bitcoin again. I promise to abide by all the rules of the forum and also play part in contributing to the forum.
I hope you all won't get tired of my questions. Thank you all
i welcomed you in bitcointalk community. And you suppose to know the objectives of this community that one of the major functions is to contribute positively for the welfare of bitcoin technology. In the aspect of been newbies or novice in cryptocurrency generally i will say that here is the bus stop of cryptocurrency.all the knowledge concerning cryptocurrencies and mostly bitcoin shall be grab by you only if you observe the environment and follow up the community through reading of the suggestion of the community users and also make your own impact. |
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Hi dear I want to ask to you about crypto trading, what do you recommend if I have 1000 USD and want to grow it by crypto. How can I do it safely and low risk?
i will advice you directly. It's good to have the mindset of investment, but before you learn or invest your funds try to understand the basic aspect of cryptocurrency investment first. Yes you had $1000 worth of usd and you want to invest in cryptocurrency. Have you invested before? Or do you know the implications behind lost of funds for trading. Before you raise such ideas, at you have gathered information of trading.so in conclusion, first acquire the knowledge before investment |
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The real purpose of backwards glancing eye is to educate yourself constantly - looking at the past helps to learn from those who came before you,since they are personal experience,this is the most vital school one can learn from.
Examining from the mistakes made in the past, the ones that have grievously held you back, share your experience,a newbie or anyone an analyze and extract a lesson.
What has been your greatest challenge on Bitcointalk? And how did you go about it ?
I think everyday in bitcointalk will always be a challenge for me to learn and share what i have learned, a challenge that i already enjoy in the past couple of years. And thanks to those legends here in the forum because i have learned so much from them that makes me who i am today. Hopefully, newbies should always see that bitcointalk forum is not a threat or that creates fear on them, but rather a cool place where they can learned and even find new colleagues that will help them grow and become more productive on their own. from my assumption and perspective.i know that provided that this forum is concerned bitcointalk users might have faced two or three challenges before becoming perfect for the system. Because you can not make research of the forum and join it with asking of questions. for the moment you aske a question that's cogent is the beginning of the challenge you had for the forum.nobody that doesn't experienced the weakness here. |
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Learning is a gradual process especially when you are determine to learn cryptocurrency, you will have a specific directions or part you want to understand fully. I believe that bitcoin is something education you can achieve when you are conscious to learn. The technical aspects of bitcoin or cryptocurrency will say it's the hardened part of it, and if you are a good observer you will notice that even majority of users who create topic and thread here doesn't respond or create topic in technically board of bitcoin. But i believe that with attention you learn and understand the rudiments.
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You can survive of living in a country that do not accept Bitcoin or embraced it as a legal tender or for exchanges of goods and services. They are not going to deprived of internet access to operate via cryptocurrencies or set an organization who will be moving house hold to house hold search for people who dealing with cryptocurrency, the answer is No. So therefore we have peer to peer platforms which any country or continent can operate with via peers to peer transaction. For me even though my country restrict the adoption of bitcoin it won't affect me, because i exchange my cryptocurrency to their fiat currency and use in purchase of anything
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In social media, what we called scam it's not longer a new existing thing if i may say. Right now if people that has been scammed through all this social media platforms, you won't believe. It's obvious that communication are the attraction of getting easy access of scamming people. One thing we have to consider for people who are victims or victimized of scam. Is that they are desperate and curious to achieve all the wealth they need same time. So in conclusion it's greediness that lured them for all this social media for investment purpose.
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A brother introduced me to the bitcointalk forum earlier last month. He had minimal experience with the platform, which he taught me and which I fully comprehended. But I'm curious; is there a location where novices can learn more about the forum and how to avoid getting in trouble with my moderators?
i will say you brother educate you concerning bitcointalk is the preamble of bitcointalk beginning. Since you are curious to learn and understand the rudiments of the community and also acquire the knowledge of cryptocurrency which is free. I think you should learn by observation and also reading the elementary base's of bitcoin by following bitcoin discussion board discussion. I believe everyone started with a newbie and also curious to learn. |
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Op i acknowledged you from your question. Because i believe that many of us faced challenges when registering to bitcointalk and others also experienced challenge during posting quoting of three or five person's composition in the name of responding to them one after the other. I notice that it's a challenge especially newbies encounter without someone direct them appropriately.
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I wanted to create a new topic in Archival so that I can use it to practice some of the post formatting syntax I have been learning in the forum but it seems like newbies ain't allowed in there ( cause I don't see "new post" button).
Please is there any alternative?
Because each time I make a post I see so many buttons and I'm curious to find out what each of them does so please help me out.
I don't think that their is a restrictions of any account irrespective the ranking level not to create a thread in any section of this forum, except a situation whereby you are restricted from board you post because of a commitment that happened between you and the entire people who is posting there due to unreasonable post or thread created. For my long stays in the community i haven't noticed or experienced restrictions of creating topic before. |
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The trading system in Forex and Crypto is almost the same, the most obvious difference is the number of choices or pairs in Crypto is certainly very much compared to Forex, the other thing is a very large profit and loss opportunity compared to forex which looks very stable so it is difficult to get profit
actually i will like to concur on your contribution. Because when perusing into this two factors of trading, it's not noticable of the comparison. On your own you may think that forex trading is equivalent or is same thing to cryptocurrency trading. When you are emphasising or hitting at the risk level of losing. It's directly obvious that cryptocurrency trading get same amount of lost forex traders do get during lost of trade. |
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Are you saying Royse777 is a part owner of BitLucy? I thought he was only a campaign manager for them,
There's no clear announcement from him, but he do mentioned like he already become a part of Bitlucy since he using a word we in his post. Actually i seen Royse777 as a campaign manager not really part of them. And secondly, concerning the announcement. I feel like he wants to obtain a vital information before updating or dispensing information on his own way of understanding and what he scooped out from the organisers of Bitlucy, i believe from my perspective, it has not gotten to extent of raising much alarm, whatever that many happened to bitlucy, it's from their team. |
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I'm responding to this topic, because I know vividly that bitcoin price is rotational and many people speculate about the Bitcoin price. so on my own it is impossible that bitcoin price or value will you reach to 250k this year because starting from last year December and earlier this year 2023 bitcoin price has been fluctuating in price. And if I may say the price please speed up 250k it can't be 2025 but above 2025.
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I find some experts predict bitcoin what do you think on it?
What do you think are they right?
All the predictions can be found in Coinriders.
Explain what experts claim about 2025 that Bitcoin will reach $1 Million. It's just a picture and no explanation is attached. It should not give a statement that floats only through pictures. You believe that means there is understanding to be gained. so try to share those thoughts with us. I believe some people believe in assumption in cryptocurrency so it's not necessary, in the proof that Bitcoin price the rich 2 one million in 2025 from my own perspective I believe that the price of Bitcoin is rotational so it might get to such values and it may also might not to get to that value. Therefore nobody can predict the actual value of bitcoin in next year or next two years Bitcoin price get accelerated or elevated through determination of demands and market supply of cryptocurrency. |
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Op really like your tone concerning the regulations of cryptocurrencies. Bothering much or been inquisitive of cryptocurrency acceleration is like someone who import goods and praying for it to reach its country. On my own i don't need to have tension on bitcoin because i know quite well that it will resurrect. It's obvious that people who is desperate for it especially investors are curious to ensure about Bitcoin price increases in order to make profit.
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From my perspective, i will portray that the reason while some elements of people are victim of scam, it's because because of the gravity of what they need or want, and secondly how desperate they are during the period of looking for what they wanted. Actually it's very obvious that experienced person can't be victim of scam because it knows the function and criteria of investment and also can detect a project that is a scam project within the time it seems it. So it's obvious. People that always be victimized is newbies who don't know anything concerning investment and the risk involved into cryptocurrency investment.
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