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Actually, it is pretty hard in order to analyze the market well. Now the current price of Bitcoin is under $ 9500, and I did not expect that to be honest, I thought it went to $ 10K but unfortunately the opposite happened . So Bitcoin is unpredictable especially in this period. We can't give you an accurate information and expectations. But in my opinion, Bitcoin will rise to $ 11K or 12K in next month, but possibly, my predection is wrong. We are all different and have our own views .
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Now, the whole market is red, Is the correction still continued?
Possibly yes, it is really difficult to give a precise prediction. Everyone has his own view so in my opinion, this dump will continue in the near future, it may last for few days or 1 week. There is nothing expected in this field, the surprises are always occur and the unstablity too. In addition to that, I don't really know why too many traders are obsessed with predictions.
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I completely disagree with you OP. Firstly, you need to know that the volatility is widespread and existed in most of altcoins, the market is pretty unstable in all the time. In fact, it depends on the coins you are holding, except the ones on TOP 20 or 30 , the other altcoins are really garbage and unprofitable, it is essential to pick the best of them like, Tezos, Monero, Tether.. ect. In addition to that, the whole market is pretty linked to Bitcoin and Ethereum.
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I don't know why most of people are still believing these businessmen or capitalists, they are spreading the fake predictions in all the time just to achieve their goals or future endeavors, that's definitely a way for manipulating the community of crypto especially the beginners. In my opinion, if you want to success in this domain then you need to ignore these fake whales like, John McAfee and others like him, and just focus on yourself, you don't need any advise for the media news, they are all posting the fake information.
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There is a huge difference between centralized and decentralized exchanges, that's incomparable in my opinion, also it is too safe in order to use the centralized ones , also everything is easy to undertstand and unfortunately the opposite is true for the decentralized, the newbie who does not have a good knowledge for crytpo field will certainly face a lot of problems when he uses these exchanges, every trader is searching for the best easy way to earn money , centralized exchanges are always the best option for that.
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Maybe investors are not yet interested in it. The platform still released their services newly in cryptocurrency community, it might take time before they start getting investors that are interested in making use of their services. And right from time I wasn’t expecting the Bakkt to start a bull run, after deep research I realized that there is going to be a Halving and halving is mainly what causes a bull run, if you check the last halving and what happened after, you will get to know what I’m talking about. And also the CEO of Coinbase made mention of this in 2018 when he said that the price of Bitcoin will not go for a bull run, that it might even fall below $3000. We should look forward to the Halving and see what would happen.
That's absolutely true, the majority of investors are waiting for the halving, because they know that after that event Bitcoin will rise. Being impatient will badly affect on any investor traders in general, everything will come to you in the right time especially when you take a right opportunity through a special move or decision, you don't need to trade or invest everyday or every week. try to take always the chance in the appropriate time, that is the most essential thing. |
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As you see now, Cardano coin is existed on TOP 11 in the market and despite its price is pretty low ( less than $ 0.06 ) but actually, it has a huge value of market cap, that's the most important thing, I guess this is good chance for buying a big amount of this currency ( between $50 and 100 is okay ) , but don't take the risk through wasting all your money on Cardano because except Bitcoin and Ethereum, there is no guaranteed profit and safe, that is my own view.
Furthermore, I predict that after the halving of Bitcoin, Cardano will rise to $ 0.1 or 0.2, due to this coin is certainly centralized and linked to BTC.
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The whole social media ( such as, Facebook, Google, Twitter ..ect ) is controlled by the governments like, US. So this crypto ads banning is not created by Facebook in my opinion, and remember that the coin of Facebook ( Libra ) will launch in the near future, but despite all of these obstacles and issues against crypto, the market is still going up due to the king Bitcoin is on the TOP , as a beginning of this year, there is a good progress or development over time.
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Actually, Bitcoin ATM is everywhere especially in Europe, I have seen it in Paris lately and that is really good. Plus, there is a good progress in Bitcoin's users or community even in Africa. They are noticing the important of cryptocurrencies in our lives, every user now can easily gets a financial income through Bitcoin and even other cryptocurrencies especially in trading domain, there are a lot of facilities for achieving that, especially when you have an acceptable knowledge.
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In my view, Russian government does want to exploit their investors through this crypto platform, the indirectly recognition has certainly a future endeavors. For me, I don't really believe all the governments, their main goal is to control everyone and " steal " their money through the high value of taxes ..ect. In addition to that, they cannot recognize Bitcoin in this period because the world economy is based on FIAT despite that era of crypto is more better than that, and it has a lot of characterstics.
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It is better to ignore most of altcoins because seriously most of them are worthless and unprofitable in all the time. In fact, the market was not dead lately OP, too many traders made a lot of profit before few months due to they took the right decisions in the best time. Try to focus on the Top 10 or 20, these cryptocurrencies are really profitable espeially in a long term because we barely see a big progress of any currency in a little time. Day trading is not a good option.
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From where you got this prediction OP? And you did not even explain anything. That's pretty weird to be honest. Anyways, Bitcoin is unpredictable, and we have no idea what is going to happen in the near future despite the current situation of Bitcoin is acceptable due to the price is close to 10K. In fact, we just need to HOLD or invest enough for Bitcoin halving because there is great possibility that after that event the price will rise significatly.
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To be honest, I liked the concept of this educational game, it is really important to teach people especially the children through some easy ways like, games..ect. In addition to that, I did notice lately that Bitcoin's community needs to know more about this domain specifically the newbies.
Plus, maybe you will get some negative thoughts or opinions from the other members and that's a normally fact, we are all different, you need to accept all the opinions even the worst ones and then try to improve your self and idea .
Good luck and keep going forward.
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just one word for this creativity: Awesome
i hope you will share more like these.
Oh thanks a lot for this one word. lol And yeah I will certainly add more graphics in the near future. Cheers, |
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You did not take the risk with these moves OP, and the opposite was true to be honest. In addition to that , it is really essential when you use the best exchanges for trading like, Binance, Poloniex..ect and unfortunately, the other platforms are really useless. For me, I prefer taking the risk but not in all the time, the timing is really important for achieving that. When you play always safe and it is really hard in order to make a big value of profit especially in long terl trading.
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Well, It is not easy to predict the best profitable cryptocurrencies for a day trading, the charts of market are always changing over time. In my opinion, I only focus on a long term for trading, it is really essential for being patient in this field. Possibly, you will make a profit in the day trading especially when you pick the right coins in the best time but not all the time, there is nothing expected well in this volatile market.
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Absolutely yes, this new era has a lot of characteristics especially when we use it in the right way. In fact, I guess the only disadvantage of this domain is the existence of scammers, they are unfortunately a lot especially in this period. Furthermore, I guess the world economy would benefit if they accept the cryptocurrencies especially the best of them ( Top 20 ), the other ones are pretty worthless and scam except few.
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Actually, the governments are afraid for recognising or accepting bitcoin as a legal currency due to Blockchain's technology is so secure so they can't even control the transactions, that is main reason in my opinion, remember that every government prefers using their power on all the people, and it ca. be through a high value of taxes and other multiple ways of expoilation. In addition to that, we feel uncomfortable for using FIAT.
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It looks like there's a dump happening already... or maybe it's just a weekend dump that we are seeing now.
After many days of holding over $10,000, btc now dump to $9900 and so the rest of the market was heavily affected, what next for this?
+/- 5% in a day it is not pump or dump. Bitcoin has always had great volatility, and such a change in price is absolutely normal. I think we should wait for a price change in the region of 20% minimum to talk about some kind of tendency/trend. Maybe there will be a fall ahead, or maybe now consolidation is taking place before growth. Hard to guess. This is what most people do say when they do saw those percentage drops which come to think that this had been like a typical day on crypto.They do panic out when they saw the price had pullback then they consider it as a dump.lol The hardest part here on crypto is that we dont even know if the price is indeed consolidating or on accumulating phase before the pump happens. Same goes for huge sell off signs. That's true, we don't know what is going to happen in the market and to be honest, everything is possible we may see a big pump in a short period or dump. the instability of the cryptocurrencies makes people afraid, that's a fact. it is completely true that whales are controlling the market, but it is not the main reason for the volatility of the market, maybe this little correction was not made by them. it is certain that holding bitcoin is always the best option for all the time. |
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Well, you should always invest in Bitcoin and even Ethereum more than the other altcoins. I don't really think the third best cryptocurrency in the market will have a brilland future, I mean Ripple (XRP) despite it has a huge value of circulating supply and market cap . So in my opinion, it is not a good choice when you invest in this Banks coin. To be honest, sometimes we need to take the risk but without madness, traders especially the beginners want to earn a lot of profit in a short period, but that does not going to happen even when you take the risk in a good way.
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