If I knew it with certainty, obviously I would not say it! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Let's say it's a moment of stand by, and people are waiting for the big institutions to give some indication about the future of the crypto. Well that is if anyone at all know when this'll end lol. People are getting their hopes way up when the price of btc seem to recover for 1k usd and expectations rise about a bull run, only to pull back hard when we hit resistance.
|
|
|
So I have been reading tweets and other media outlets which are predicting that the BTC will have a huge surge by December. Have anyone come across this and I don't know if I should be excited or that's another bubble waiting to be needle pricked.
It is not a bubble but it seem the growth is going to be gradual this time with occasional pullbacks and then recovery and then higher heightd Actually the reality is that the price is not following forever and we unfortunately think that it is going to collapse but we have forgotten that how it recovered in the past many times after downfalls. So do not feel fear and learn how those investors made profits which is an example for us and we have to just wait for the market price to go high which is the only solution because selling at this stage is a clear loss. Actually, with all the expectations for december, i can't help but wonder what if it doesn't make the run we all are hoping for? Lol. I mean it's not impossible that what'll happen is contrary to most of our expectations
|
|
|
Be patient is the best way to resolve bitcoin price when down
Yes right, with patience we can get profit, the most important thing and the best strategy for profit in crypto investment is to always be patient, rest assured that crypto's future will improve so that it is worthy of being a future investment. In most cases that's right though that in itself is already taking a risk. It probably won't be bad to go for profit when you see the chance right? I mean it's safer to simply wait things out but there will be opportunities where taking risks would get real good returns.
|
|
|
Of course i make sure to keep my coins secure . Im the one who only know my pin to open my wallet . But dont be comfortable , you must need more knowledge on how to protect coins to make our coins very secure and safe .
Well there may be cases where online wallets are compromised. Phishing has been rampant especially with the value of btc being way higher than a couple of years ago. Spend for security and get a hard wallet.
|
|
|
Authorities in Shandong province have arrested 20 individuals for hijacking 3.89 million personal computers as part of a rogue cryptocurrency mining operation since 2015 that netted more than 15 million yuan (US$2.26 million).
It's not possible for such a low amount to move the price that much. As bitcoin and crypto gaining more adoption and the price increasing, holders should expect more sophisticated malware to steal coins. So, anyone having anything with a value > 1000$ should invest in a hardware wallet, you'll sleep better knowing your coins are safe. that could be true. Viruses can be their way of hacking and stealing bitcoin. having an advanced technology, it is possible that it is their way of stealing our hard earned coins Well rhat's a fact. Anything you have online can be compromised with hacker becoming more and more sophisticated with the times. I agree in investing in an offline wallet since that's basically your best option to secure your coins. Spending for an offline wallet that's a lot more secure than an online wallet is logical if you keep a lot of btcs.
|
|
|
bitcoin price is gradually becoming worse nowadays after many correction, and on this situation most btc holders are really frightened to keep holding because it seems have no chance to recover again.
Ps:. But guys we are already on it so be strong and don't easily give up in such things 'cause this is not the first time the growth rate perform like this. Please don't sell to avoid further losses! We must keep holding!
Frightened? I don't think so. People who understood crypto and bitcoin from the start would know too well that these corrections are necessary and that good things are still waiting in the long run. We've been in worse situation earlier this year.
|
|
|
technically it is not natural to have a fall like this when everything is going fine and there is a lot of positive news around signalling rise but then the market moves in the opposite direction. there must be something unnatural happening that causes this kind of drop out of nowhere!
but of course the panic is not justifiable either.
I think it's the G20 conference, could it be a huge p&d group Huh? What are you talking about? The dump started when the winklvoss twins' etf was rejected and that did't sit well with probably a lot of people in the community. So there's actually a reason aside from the expected correction from hitting 8.4k.
|
|
|
Probably, and I want the Lakers to win. Well, whichever team goes on top will determine how things changed with different team composition. I hope the season would be really interesting and planning to bet on the stronger teams now.
We've been liking James though he's also receiving a lot of hate comments in the cyber space. I'll just take off with the discussion but this is related to James on how good he is. LeBron James launches new 'I Promise' SchoolHonestly i am not a fan of Lebron James on the court but off the court i like this guy since he has done a lot to help the community where he belong once. Come on, you can like his play as well, he's not playing for my team yet i enjoy him along side steve Curry, and all the other superstars on the GSW Squad so you can enjoy him on and off the court, don't let bitterness steal th fun and joy dude. Lebron is named as the best player in the planet for a reason. The reason why the warriors dominated his team because it has a squad of a superstar players, Lebron take the cavaliers to the finals, that is a better achievement for me. Well love him or hate him, we can't deny the fact that james is a one of a kind type of player, talent and physique wise. And he lost to a better team who was better coached. I think one thing that went for the warriors is the mindset of other teams that they're invincible. Houston showed that they can be beaten.
|
|
|
where is the never option?
panic is the worst thing you can do.
I certainly agree with that, panic is the worst thing that you can do and I think you should not panic simply because it may affect your income. You should have trust on bitcoin and never do panic selling and even the price goes down I think I will not sell my bitcoin and I will hold until the price goes up. Well it seems clear that the price follows a process of just going up and down with the challenge being the timeframes. Like this year, when the bear market is a lot more prominent than a positive market. You can't really pinpoint the perfect time to sell.
|
|
|
I have seen many threads talking about should I sell now or wait till BTC moons. When I see these threads I marvel and move on to check on different topics or threads because I know the person doesn't know what he is talking about. Diving more into cryptocurrencies, when you sell now it means you are a coward and don't even know the kind of cryptocurrency you are dealing with. One thing is that, its really kinda pity to see those topics raised. I have set a goal and until that goal is not, I will never sell BTC and that's me.I want ask that is it because those selling the coin are newbies and are afraid of loosing some small $s or they haven't read much about bitcoin or the cryptocurrencies or they have low knowledge about the blockchain technology?
Selling btc is not a good thing to today. Bitcoin is now on its peak of increasing and therefore selling is not a good idea. Bitcoin will to prove itself at the same time bitcoin will provide people what they needed. Bitcoin really is the future for everyone. We should believe in bitcoin in order for us to be successful in the near future. It's quite confusing about what you said about peak of increasing, since everyone knows what'll happen next and the happenings the past few weeks clearly shows that. Gauge yourself. Ifnyou can hold gor a long time then do so. If you want to get your profits out then do so as well.
|
|
|
It has been said since 2011, those who ignored it are now millionaires. I am not financial advisor - if you believe in it ,do it. Either you will get success or you will learn.
Yup exactly. In the end, your money your call. You don't really lose if you learn from your mistakes and those that took reasonable risks end up with great rewards. Being all too pessimist will only make you lose opportunities
|
|
|
very good news! South Korea is constantly in front of all countries! Now a lot of countries are watching Korea develop in the whole crypto market! I think very many countries will follow South Korea and will legalize crypto currency in their countries!
Well this is after releasing regulations in icos and i think other countries banning cryto should look into regulating rather than an actual ban. The positive effects of crypto in the long run would definitely benefit any nation given the proper rules and regulations.
|
|
|
The investors of course, they are the one who will reap the fruits of they've contributed here. Its not an easy earning just like what everyone had thought of it, but its very life changing once you got succesful in it.
Well i agree here since investors are the ones that mostly put in money in bitcoin and crypto. Majority of the population would probably feel the benefits of convenience in time but investors will have already made fortunes by then
|
|
|
In my opinion, because bitcoin is like your asset, and because of the volatility, the day before, its value is pretty high, but it can go up or go down the day after, so the value is not defined which make businessman don't want to use it in trading.
Well i don't think they all think the same since some businesses see bitcoin as something to make money from and in time i think more businesses will do the same. Confidence in btc will come once majority adopts it.
|
|
|
This is so true bruh...if you really can take this huge risk of investing into cryptocurrency and having the patience to observe the market trends even if it seems like you are losing. Crypto investments are full of ups and downs but no matter what you have to stay on your feet.
Well you have to be a thinking risk taker as well since plain risk taking without something to back it up is just gambling. Those that have been successful in crypto aren't afraid to take risks but aren't foolish as well to make useless decisions.
|
|
|
I agree the awareness will be the biggest influence. This will help Bitcoin to move forward towards progress. So far there are fewer people who support Bitcoin. It is expected that in a short time the world will become popular.
To make a success will experience a difficult journey and it will be felt Bitcoin until Bitcoin experienced a better change in the future. this time is very necessary change, because the change could have given the development of the next bitcoin, especially now that bitcoin state is very down. to ride it is also quite difficult This isn't something that is feared because it's time to buy large amounts of Bitcoin because Bitcoin will experience a price increase later on. Well it's a fact that over the past year or two, crypto awareness has boomed though it comes with both negatve and positive effects. It's either they get interested hence, they invest, or the're more influenced by the negative news land steer clear. Eitherway, btc has reached people's awareness.
|
|
|
Sad part is that there's virtually no way to retrieve lost btcs both in your wallet and especially in an exchange. That's why you have to be really careful in holding your bitcoins or other alts because by nature, bitcoin's anonymity will not allow you to track who stole your coins.
|
|
|
Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??
Bitcoin doesn't work like that. It's peer to peer crypto payment system, so no one can stop it as there isn't any centralized server of bitcoin so it is impossible for the government to stop bitcoin. The only way a government can stop bitcoin is by stopping the internet access of the people and that's the basic right of people so they can't restrict the people to use internet. Well you do realize that people will be hesitant to use something that has been illegalized right? Yeah there are ways to have access even if ip addresses are banned but not all users would want to risk being reprimanded so there will be a serious decline in usage if that happens
|
|
|
As in all best practices it is advisable to diversify with any type of investment. So even with bitcoins and alt.
Well that’s too much. Selling your house to invest in bitcoin? Even when you’re risk taker, this is too much risk. Even when you’re well aware how unstable bitcoin value is, why would you sell your house for this when you can just save your extra currency and invest it into bitcoin. Investing is not a bad idea but the idea of selling your house and investing all what you have is too much. Lol. It would take an insanely huge amount of guts to do that and it's also illogical. That's more of gambling than making a sensible investment and i think we're all aware about the difference between gambling and investments regarding risks.
|
|
|
when Hollywood celebrities say they brought bitcoin in public obviously cryptocurrencies will have good publicity this kind of publicity will make more youth to invest
Well any publicity will bring awareness to bitcoin and crypto and when big names like kim kardashian talks about bitcoin, it definitely would be a big boost. Notice how more and more celebrities are talking about bitcoin now.
|
|
|
|