OK, let's just say not many of us really believed bitcoin will hit $20,000 this year or this soon.
Personally, my eyes was on ETH and Link to do some unbelievable run that could have seen them rise some 1000% this year. I'd expected bitcoin to, at most oscillate between $7K and $13K this year, but amazingly it was bitcoin that stole the show to lead the bullrun charge.
So, now is perfect time to reflect and hear some confessions from some of our Bitcoin OGs who'd been here since the early days (I won't be surprised to see Satoshi himself resurrect on this thread, in commemoration of his 10th year AWOL anniversary, so, be on the look out. Yea, I remember "We're All Satoshi", but still.....)
Let's hear you, how or where did you first discover Bitcoin? Did you mine on your laptops? Did you buy from MTGox or one of those early days trade platform's? And, most importantly, did you sell too soon? Or luckily, did you hodl till now?
And, no matter what, be proud of your contributions to the development and adoption of the Bitcoin phenomenon, because, we won't be here today without you. If you mined you helped stabilized its decentrality. If you sold you helped in its fare distribution. If you held you helped others to believe in Bitcoin.
Well, I think your expectation didn't happen in terms of decreasing the price of Bitcoin in between 7k$ to 13k$. And as you can see in the market it was spike the price value around 27k$ something in all exchange platform in the crypto space. So, my best friend was right that in the future Bitcoin will really become one of the popular currency online in the entire world in which was happened now already.
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So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.
As an individual investors you should prepare yourself for any consequences you may face in it. Particularly, if it is altcoins here in crypto space. That's why having enough knowledge about in this type of online business in cryptocurrency trading We supposed to have a good skills here so that our capital wont turn into waste.
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An hour ago only Bitcoin price went down to 26, 700 plus something like that and went up again into 27k$ plus now less than 1 hour down again at 26, 638$. Meaning, selling at this point of time is very hard to determine if it is the right decision to make. So, bitcoin really good for the long term I guess.
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This hacker was really a headache in this type of business in crypto technology. This is not a joke anyway, the amount that has been stolen was definitely huge in usd$ price. The exchange must do something about this big issue problem, or if not for sure those holders in the platform will sell all their assets and find a safest better exchange than this one in the end.
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The current crypto market is exciting as everyone is happy that new funds are being pumped into the space, investors are making profits and people are aiming for new ATH for bigger profits. I remind us all not to forget to take profits, cut your greed and find new opportunities. Never be emotional about any project, buy when it's right, sell when it's right.
I think being emotional can be or it can't be control in some other way. But having a characteristic of greediness, perhaps, this will not be gone instead, greediness will always be a part for those traders who always in a hurry to earn a lot in a fastest period of time in the end. Therefore, we really need to have a self-discipline and self-control as well.
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No one knows dude, just as long as there is a manipulators controlling the price value of Bitcoin I am pretty sure that the price will continue to rise, aside from this was unpredictable the better thing we can do as an individual traders is we should know how to use TIMING in terms of buying and Selling.
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I am often skeptical of the cryptocurrency market because cryptocurrency has neither a worldwide community nor a rule to make coins, so my faith is not more than just 10%. This is because 2 3 Coins of the same name can also be made. Ho and no one sends you any legal notice or banner and if 10 projects come in 1 month, then 8 of them are fake, if this problem is not solved then trust in this market will not increase...
Altcoin projects are mostly scammers, without legality a project can be created whenever they want, and that makes a lot of scammers in altcoin, of course it's a big problem for altcoins if this continues. True and correct, but We can also get a lot of profit in altcoins where We can't deny that. Although, even there is risk in investing in cryptocurrency via ICO, IEO, Trading still there is also truth where there is risk there is also a good profit waiting for us in the end for sure.
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Even We don't like losing in the gambling but Lose always chasing us, and that happened because of the greediness We felt every time We played in the game platform. I've experienced this many times in gambling online here in cryptocurrency. So, for us to avoid this thing let us not become greed as a gamblers in any of the games whether in casinos, slots or in-house games.
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I think here in my country there is a land based casinos accepting Bitcoin already, but of course the majority of the gamblers here are not quite familiar with Bitcoin that's why most of the Bitcoin fanatic they've used to play in online in cryptocurrency Just like we saw here in crypto space.
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Bitcoin will be hitting to $35000 soon - Buy it today!!
There is a strong buying signal. Buy it today now!
This is just your thought, but you don't have any illustration chart graph that it will happen. In short, your just using the prediction where you are thinking that it will reach 35000$ each Bitcoin, though everything in Bitcoin is possible to be happen. And you cannot say surely there is a strong signal in buying due to that is already given dude.
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This is my opinion, from my own experience and knowledge of the subject from executing many operations.
investigate and have knowledge of the company that we are going to buy, its stock or currency that you are going to trade be analysis of graphs and know how to read trends. trust yourself and do not copy others, because the other can be wrong. be patient not everything is now, sometimes you have to endure so that you can reward it. have continuous monitoring of price values. have a strategy, not everything is crazy, the best things is to take things slowly and think before acting. not having emotion and having a cold and calculating mind, everything is going to happen only is to be a calculating person. always be aware of everything new, news, technology and more. the more updated the better. have variety, not commercial with only one I recommend having a portfolio of investment variety. the most important thing to have a fixed-paying job to invest, do not put all your money because you can risk losing everything.
This is what I learned from my experience, I hope these things will help you because it has helped me to know what to do in each situation.
Thank you for the kindness of tips and advise you gave here in the forum mate. Almost all of your experienced are true and correct where most of the traders in crytpocurrency are facing the same yours. Therefore, I think for us to become successful have passion and strong determination and patience as well.
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Can someone point me to where I should begin? And one more question: What is the minimum amount of money needed to start?
We have so many options or guidelines for us to learn about in trading. Since you are in cryptocurrency business learning is very important here, where we supposed to have a bit knowledge or idea about the basic things in trading. Besides, there are a lot of tutorial in Youtube video where We can learn about crypto trading.
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When the threshold will be reached and that will be a good thing to see the launch of ethereum 2.0 It's not yet even launch but im very interesting to see what will be getting from the zero phase that will have started after the threshold have already reached. I hope that a big update will be implemented soon after the hardcap reached. It looks like a big surprise for everyone here. people will start to bet on it.
I've been hearing this ETH 2 but not familiar with it so far. By the way, what do you mean threshold? then second, is how many threshold to be needed to make this ETH 2 will launch? But in fairness, a lot of community are support this new projects I became curious about this one now and got an interest to invest in it too.
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The reality is that 9 of 10 campaigns won't worth your time. But the 10th one will pay all of these campaign where you spend your time. Everyone is comppaining here about the very low bounty rewards, but there isn't any more profitable job online for people that don't have skills to do any high skill jobs. I guess that if we are going to compare the bounty campaign from 2018-2019 where this year was really doomed to me. I mean its really good and really worse, and this 2020 it maybe small rewards but at least you are compensated with your worked unlike during 2018-2019 is not up to the present no payment that has been send to any of the participants, poor bounty hunters isn't?
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Nowadays, there is one of the new gambling site now here in cryptocurrency so far that are definitely at the moment. And this is Betfury if I ma not mistaken, where you they have faucets every 20 mins free in Bitcoin, aside from that once you buy their token you are automatically qualify for staking program and dividend that you will receive it daily from Bitcoin, Usd, TRX, and BTT where I think it is good compared to other crypto gambling site platform.
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I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.
Share some tips to win or to minimize losing? ______
This thread is open for the winners and losers.
Perhaps, losing most of the time in any gambling site online was already a nature of this business type. Maybe also a gambler loss their money in the gambling it's because of addiction, greediness, habit, these are the things that I most often see every time I played in the gambling platform.
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I believe that most of us are losing money in sports betting, but I'd like to know based on what you read and your experience (if you have) the reasons why we are losing. Personally, I've been gambling for years, I'm just an ordinary gambler who can't be too serious with gambling, but I can't deny that I have been losing money more than I win.
Share some tips to win or to minimize losing? ______
This thread is open for the winners and losers.
We loss, because the players always think that He will win the bet on the next round. Then, sometimes there are other gamblers lose their money because of greediness, that's why I think this bad habit will always be part of the game in the gambling site.
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I'm not quite familiar with the defi coins, and never try to trade them too ever since. So, it doesn't matter to me if Defi is over or not. I am much preferred to trade cryptocurrency rather than Defi, But anyway, as long as somebody getting profit into Defi I respect their decision.
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Recently an Indian young boy committed suicide as he lost enough money by betting in IPL. He lost all of his money then borrowed money from his friends and bet with it in a hope of win back something. But he lost everything and took the step finally. He had taken this extreme step as he was involved in the cricket (IPL) betting due to which he faced financial loss and could not bear the pressure. When the other roommates went for work, Sonu had committed suicide in the morning. SourceThis is nothing new, we know a lot of gambler committed suicide earlier after losing large amount in gambling. I have found another news reletaed to this IPL's Dark Side: A Rise in Suicide Cases Has Greeted the Return of Live Cricket on TVPeople shouldn't bet with the money what they can't afford to loss. Borrowing money for betting is worst decision ever. Every gambler know these things but many of them still do it. Does this kind of news make you worried? Share your thought about this. Well, so sad to hear that news. I think that boy before He committed suicide that person experienced to won a big amount. Then, after that moment losses came up to him until He didn't noticed that his loss is getting bigger and bigger where until He found out there's nothing left for Him, it's pity actually for this person. Let us not become greedy just We aim to become rich instantly thru gambling due to luck.
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