I think choose bigger coin like ethereum, bitcoin cash or litecoin become good way for daily trading, third coin have potential for growing up every day although just get several percent profit every day.
I couldn't agree more. In day trading, the potential of the coin is on top priority, you cannot just go wild with coins moving in a short price range, you need to see the full potential of the coin by seeing it on the market capitalization and trading volume not just because of its price. Common mistakes of day trader, they always base their instinct on the prices which might or might not totally help them to trading. Also day trading isn't that hard if you are hardly working on it much more than a casual trader does. |
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Whether you're invested in bitcoin, whatever altcoin, or even the stock markets, if you've been having suicidal thoughts, please think twice and try talking to a professional.
No, I never thought about due to market crash. I had lost approx 90% of my portfolio in back 2017 bull run when invested on some alt coins. I just wait for patience and recovered all of them by trading. But later on in bear market my total portfolio dump again and still not yet recovered. Fortunately suicidal thoughts still never came on my mind not it will come. Value of life more than money, if I alive I have confidence that I will recover my fund once again. So whoever's do not have enough patience they shouldn't enter on crypto market, otherwise they would broken. This basically means that the thoughts of suicide or in general mental issues about a certain matter really depends on the person not on what they are doing. This also basically implies the fundamentals and characteristics of a good trader. I, sometimes feel bad for the mistake I've committed but the thing is I can move on easily, to be a trader is to be a critical thinker, you don't need to put yourself in locked after the door closes. |
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Haters are saying the truth, the reason they hate bitcoin because they don't believe in bitcoin.
But being a hater already means that their opinion is biased ( for most ), The fact that they don't believe in bitcoin is already a lose lose and you will know the old shit they will talk about it. They are certainly laughing at us now because bitcoin had dump a lot and they will feel they are right, but we believers would feel the opposite way of course.
They could be laughing today but we'll see their faces in the future. lol. The recent dump is already an indication of a huge push up of the price that will cause a spurt hitting the medias. just let them do their thing, you can't please everyone, haters gonna hate.
HATERS GONNA HATE, we cannot do about it anymore. |
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Now the dirty Chinese are eating bamboo rats and anteaters - giving the world their filthy Coronavirus diseases. WTF?
This looks so racist and would possibly offend them but I have to say this also, China has an imbalance way of thinking they are trapped between culture and modernization. Sometimes they do things based on their culture and sometimes they do things to innovate something but what they have given the world today is the consequence of having such culture without any proper citation from their experts. Can't they just eat a damn hamburger like the rest of the planet?
Not a fan of burger lol. But can't they just eat atleast known to many? Not souped bats. Sorry. |
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It was a bit alarming since it just all happened in 24hours comparing it to the previous dump in the market their was a big difference in this dump and probably a big loss for a lot of the bitcoin investors especially from exchanges this market price dump could really have a big effects since their profit came from bitcoin they could easily loss a bit amount of money if the dump continue, for sure it would take a long time to recover, i also heard some exchanges stop their trade because of this dump.
Quite alarming yet exciting, if we see the price moves within 24 hours then we might see another positive price movement within 24 hours as well but let us not be this over react. It is surprising at all, especially for almost everyone that thinks that the crisis around the globe could help the price of cryptocurrencies soar to the moon. The lowest price I've seen is at $4200, would it be another great time to buy? like there is no reason to sell of the bitcoin with so much lost you've got. I think one of the main reason could be the Covid 19 cirus since it already affect a lot of countries and continue to spread until now surely it affects a lot of companies and business, also the community where people get quarantine because of the virus.
We cannot totally say tho, but the panic I see from people is a reflection of how people behave during the crisis so it might be the very reason of plummeted price. |
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Well you shouldn’t be so overly invested in anything that a bad turn of events can leave you REKT.
I completely agree. One of the main reasons why a certain could be heavily troubled by a price crash is over-allocation on one asset, for sure. Especially on a heavily volatile asset as bitcoin. But that's not the point of the topic. Not really that mistake to point with people who are very confident with their investment especially with bitcoin. Bitcoin has been very silent for so many years, until it slowly went to the mainstream conquering negative comments about it made possible by the decentralized network. It is just that the people are really greedy, after seeing the price soaring, they are panicking and seen by the sharks as an opportunity making new sailors confused. |
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It's like admitting bitcoin is a real currency. But yet, they are those who are still hard headed telling it is not. It is just something which is created for pyramid scamming or whatever they call it. I don't get it.  Bitcoin as means of donation, why not? It does not have that much difference with donating a fiat coz you can easily convert it into fiat. Bitcoin has become the most friendliest coin of all time, it gives a lot of help in financial terms and we came across to a point where it can be donated to charities and different institutions. But with times like this, we better be wise if we are going to donate bitcoins or fiat. Well, donation is a good chance for bitcoin to easily say it is money.
It can be used to buy something or anything else just like how fiat will do.
In the end though, it is merchants which we lack.
No, it is not the merchants that we lack off, we lack of confidence to donate or even use it as most people are just making it as an alternative investment. |
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Don't visit random site and always check the site that you log in.
Don't share or send your account information to others specially for those airdrops that ask for your private key.
In line with this, we should also not deal with a person who just messages you in telegram especially when you don't know that person or you don't even expect that kind of transaction. Yeah, Expect a random person to chat or message you in telegram since most hackers use that application, not degrading the telegram app but that's the real scene for scams. I always receive a random chat from whoever trying to phish sending some suspicious websites. Don't fall for this anyone! Yeah, I agree people say that using a hardware wallet is the best way to keep our cryptocurrency but I know not all of us can afford to have it because of its price. And so they don't have a choice but to use an online wallet. Only we have to do is be careful and not use different PC or laptop or let the others use of it otherwise, it compromises your files inside.
Hardware wallet or software wallet is secured, it depends on who handles it. I am using softwallet for several years and I haven't encountered any hacks yet, anyone should be a keeper especially in this kind of space. But for some reason hardware wallet is much preferred of many since it is tangible and has a less risk of hacking but a high risk of being stolen. |
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I'm not watching that video, but I have a feeling that there's not much science behind your claim. Vitamin C has been shown to be able to reduce the severity of the symptoms of the common cold, but not the duration of the infection and it's my understanding that you'd need to have been taking it before you got sick and not just start when symptoms occur. Anyway. I agree. Vitamin C is not for the infection recovery but for getting a stronger immune system for a person not to catch the virus easily. This is a fact. So much discussion about this virus and its effect on bitcoin--it's interesting to me what's happening, but it's also disheartening. Is this going to end? Yes. Contagions don't go on forever, nor is this particular one extremely deadly. But as I've said before, the fear is real and so is the effect on the economy, the stock market, and bitcoin as well. I have confidence we'll get the virus under control and things will get back to normal--the problem is the uncertainty as to when that's going to happen. The longer people are frightened and the more they sell their investments for cash, the worse it's going to be for crypto.
So far, the bitcoin crash hasn't been horrible. Bad, yes, but it could have been (and could yet be) much worse. The price currently is twice what it was at the beginning of 2019, so that's something positive.
The recovery rate is much much higher than the death rate so there is no need to worry about on how the WHO and other healthcare institution is handling the situation, It is just that the deaths is inevitable especially now that this is just a month long problem so far. "The fear is real" I can feel it here, people are panicking and buying everything. In fact, the basic necessities like food and water are already sold pretty fast in the market. So I must conclude that this is similar from what is happening in digital world. |
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Let's forget about it and think for the near future, everyone are aware it's very normal in crypto like pump and dumps are it's natural phenomena, not only crypto the entire market has crashed very badly from crude oil, stock market etc...
This doesn't mean BTC will not go up again, people are really scared of this drop and started to sell in panic. I am totally against with it, just wait for someday to bounce back rather than selling it for nothing.
Yeah, It is all natural with the crypto market but what is bothering for most of the trader and investor is the awkward and backward movement of the price, Even me I didn't expect the price to go lower than $9K after it hit $10K last month. I guess this is where the people got their reason to panic sell out. I'd rather hold even after the halving, most probably the prices will go up in the late 2020. Something huge has rattled the market not only the crypto market. |
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The worry starts with people since people are the one responsible for everything in here then it reflects to the market. It is been a long talked, if the corona virus did take affect the crypto market, In my opinion, yes it does however the movement is going to the other way. I expected the price to go up after seeing the outbreak thinking people would use crypto for payment in many case but it seems like we are all wrong, the price is continously declining in what direct reason? we still don't know and we'll not know.
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When I started seeing news that somegovernments are planning on creating their own cryptocurrencies, I started having this same thought on whether the governments are going to allow Bitcoin to be around and used by people after they have all created their own cryptocurrencies? I know for sure that their cryptocurrencies are going to be centralized so that they would be able to regulate it.
Since, Bitcoin is decentralized they might declare it illegal and stop exchanges from selling and buying decentralized cryptocurrencies, and then exchanges would stop buying and selling of decentralized cryptocurrencies and then start to support only the cryptocurrencies that are issues by the government and they will be working handinhand with banks. Well, let’s not assume till then.
I'm very doubtful on government making their own cryptocurrency, why? simply because they are going to create a counterpart of bitcoin which is a centralized one. So most probably they will prohibit the use of bitcoin if ever they come up to create on their own cause they don't want anything that hurdles their creation especially their regulation. Banks by that time will surely be working with digital payments as well as digital investments. |
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I think some people will come out when they have lost. however, they sometimes want to try trading with a number of assets, and when they lose, they will come out.
however, some people are still dreamed of large profits and do not accept their losses. I think, they feel that profits are in front of their eyes, and when price increases occur according to their thoughts, they will be rich. These are some of the reasons why people don't want to quit even though they have lost money.
I have these 3 types of trader in my mind 1. The Holder - This type of trader is always safe. He does not mind the decreasing value of his assets even it is getting too low than what he expected. Best of all is he does not panic. 2. The Exaggerated - He is always in monitor of his assets. He always predict too much optimistic outcomes and posting everything on social media. lol 3. The Bipolar - Simply becomes happy when he gain and turns sad when he lost. Common type of trader now. Can you guys add some? |
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If the only reason for buying Bitcoin is that the next halving will lead to some gains, I hope you will take some time to think again about your investing. Prices may not rise after halving, and you may lose your money, so it is better to develop a strategy before investing.
Precisely, if your only reason to buy now is the upcoming halving then might as well check the current situation since it might affect on what is going ahead. Last year, the speculation was a pure positive and exaggeratedly said by those who are in power but now it seems like they are very silent. Although the market will possibly to come up soon then best buying time is at now, but if bitcoin is not going be pumped after halving then it's done. |
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This could prove the idea of Bitcoin gradually becoming a cryptocurrency that is accepted and used by the world. Even though the price of Bitcoin in the present is down, this could serve as a hope for investors or holders that it would make a comeback in the later days this month. Mass adoption would sustain the demand for Bitcoin and could in fact make the price of Bitcoin make a comeback and increase again the future especially when the halving event comes closer everyday.
For me, we should trust Bitcoin to survive the resistance and fall in the present and anticipate a bright future for it.
In other words bitcoin will be the most effective after fiat because of some negative possibilities like for virus spreading. How perfect it is that the cryptocurrency is now legal in South Korea when they are trying to burn the paper money they are going to get in local banks for safety measures against the corona virus, I mean I'm not happy for what is the virus is causing them but just think of it. lol. |
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Hello, guys! What do you think? Can crypto and the oil industry be connected?
I think it's not just about crypto enthusiast that should be worried with the ongoing oil war. All should be worried about these things, not only the oil war but also the corona virus outbreak. Since a huge part of economy is relying on the oil we might face some difficulties with what's ongoing and will be going. I personally believed that everything is connected here, global stock market, crypto's and other form of investments such as gold and oil. One scary though, is that we might be closer to another global recession because of what is happening around the world.
Sure thing it is, crypto market is rattled by these market, oil and stock on which I conclude to be the effect of the price movement downwards now. Global recession is possible but seeing the global stock market in Asia is still looking good unlike with the western part, China's stock market is still healthy however India is looking bad. |
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Like what I have said previously in related posts Bitcoin and the crypto market has no direct correlation to what is happening in the stock market right now. While we both are being the demand for its supply the stock market is affected by external factors outside of its demand and those external factors are of the company itself and the economical performance of the country itself. (....)
This should be always in mind or every people especially those new in cryptocurrency. Maybe they have some thoughts about this because they tend to compare always the the prices or charts of stock markets or cryptocurrency, although sometime you can see some part that has similarity but overall for me, nothing. Most of the people thinks that crypto market and stock market is a seesaw lol. If the other is on top the other is at the bottom, vice versa. Well maybe because there are some sort of chart comparison whenever the other market is moving drastically and so people tend to predict. What really affects the price is the external factors and events like the corona virus, look at both markets they are both downed. |
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Always hodl, the spikes come fast a furious without warning, converting is just asking to lose out. Don't lose out.
Definitely, if you want to get out of the current situation because it isn't ideal then don't regret if it comes back and recover. It all depends on you, if you really need your money badly then you can just pull it out with the value lesser than what it is back then. Converting now with the prices at the ground might be a crazy decision, so I guess holding is better. But converting and pulling out is good when you don't want to lose more, and re-enter when the market is giving a good sign of increasing. |
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As for me, these are too drastic measures. To begin with, it would be necessary to treat them with ultraviolet and ozone, and check whether the coronavirus survives after such treatment. If survives, then only the burning of all infected banknotes.
It will be easier for them to burn the bank notes and create one than scanning it one by one with UV. They are considering to burn the bank notes from their local banks for pre-emptive measure securing the mass. Money is just a regulated paper with a value, it does not contain any value at all. It would be a lot harder if their are using commodity money. I guess we should start on not only wearing a face mask but also a hand gloves. better to be safe than sorry. |
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With the same day last year bear invading the market . And today, from 9100 down to 8100. Huge dump as of today. If this is a preparation for bitcoin, we can't really say. Bitcoin failed to strongly hold at 9200 so I was expecting this dump though.
As usual, opportunity to buy while red market is on is a good reason for this bloody market that is happening. But another long wait for long term holder
For me this is a very good time to invest again because I have been waiting for this discount for a long time. I think this would be the best to invest because the Bitcoin price is currently stable at $7800 and this is a very cheap price for you to make a profit. Indeed. I agree with you, this time is a very good to enter the market wisely, Looking at the chart made me more obtainable for what is going to be the next move. At exactly a year ago we have the same down price, not literally the value, so I am expecting for the price boost in the mid april up to may since we also have a big event happening on that month. In my opinion, the price of Bitcoin cannot decrease any further, so spend 40% of your assets to invest right now because the price of this coin will surely recover soon. However, it is still not sure what will happen next because every year the market has a big change.
hmm, quite skeptical though because of the current situation with the corona virus now, not that expecting that much for the price either way. |
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