The macroeconomic state in which asset value surpasses the real economy and easily loses the ability for sustainable development is the bubble economy. The bubble economy is often supported by a lot of speculation, and its essence is greed. To put it simply, in a loose monetary environment, asset prices deviated from the fundamentals, and then soared and plummeted. The bubble economy has repeatedly appeared in human history, such as the tulip mania in the Netherlands. Even now, many people think that the US stock market, Chinese real estate, and Bitcoin are the three major financial and economic bubbles. What do you think, do you think Bitcoin will become the biggest bubble economy in history?
I guess you claiming wrong info. After the creation of BTC, it has just increased in the time period. And the time is no far when BTC will be the one of the biggest crypto in the history. Comparing it to the bubble economy is seriously hurting the BTC holder’s sentiments . And regarding the asset price, no doubt BTC will be one of the best and rarest asset in the future. |
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BTC price drops and all the long term holders started buying the coins.
But the ones who really wanted to make the price high are sad now.
I myself feeling the pain of those who bought coins when price was around 50k USD.
Moreover when the price is down, it gives more chances that the price will break his ATH soon.
So let’s see what happens in the future.
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bitcoin holder should be proud with their investment, there are only 21 million coins and never printed again. this assets was be very rare when completely minted and no more left. in next several years bitcoin maybe will be most expensive assets ever, so selling it now to early. if we use this investment with free money ,our mental or psychology should be fine when we see its move with high volatility.
Yes whatever you said, is somehow correct upto a certain point. But my friend what if the OP needs some serious cash now? Then yes he is bound to sell the coin. I am unhappy to see the current price of BTC as it was capable of something else. Op can do one thing, you can lend some amount and pay it afterwards in the future if you need some hard cash right now(i am saying not to sell the BTC now) Else if you financially stable now, then wait for some months and you will be happy to be rich. |
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I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!
Everything is about risk. The word risk itself symbolises that if you want to bet the money then there are equal possibilities of lose or win. But if you listen to me, then yes just buy the 3 BTCs if possible. I have a strong assumption and have also seen many popular Bitcoin traders predictions regarding the growth of BTC. Not sure about 250k in 2022, but yes you won’t end up with losses. Wish you best of luck Op. |
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Investing in crypto is more beneficial IMO. Cryptocurrency gives you more opportunity to invest and earn. Though I haven’t heard what is COIN according to you specifically. But yes it won’t be a harm if you try and invest on cryptos. I can also suggest you to Buy BTC at the current price. This will be surely fruitful in the future. |
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Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?
I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
Buying or selling of a coin depends on the coin’s marketcap. If the coin is not so popular or new, then you will see slow movement in buying or selling. If the coin is popular and marketcap is high, then huge amount of trades will be going on. And yes these are made by people and traders only, no big wallets move the markets. Some wanted to buy at current price whereas some has bought it in a lesser price who sells now. |
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I am a newbie on this forum. My main focus is trading ( crypto) I have been trading for a couple years. Just curious to ask a question : what was your worst mistake ( in the very beginning, 1st year).
Would be happy to read about your experience !
The worst mistake many newbies including me makes while starting trading is investing a large sum of money. In beginning we lack knowledge and most importantly experience but still we invest a huge amount of money, so gradually we make losses. This mistake is done by almost 90% of the newbies. Rather at first we should understand the market first , gain some quick knowledge and increase our experience by investing small money. Still though i have traded many times, so i have quite a good experience in trading and recovered my earlier losses. |
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France - 1 Germany -1
Btc address:- bc1qa3cqqjjrmgty905f0d4cvcqp4zmdsrqjnn5xs6
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Now, Dogecoin is the price average .32$ and we know, its price was .73$(one month ago). The price is almost 2.5X. Hopefully, it will be reached 10X, but I think, it is impossible to reach 100X.
Yes highest we can expect is 1$ For doge, but not more than that. But yes that too if some other person like Musk again tingle the people with the coin. I am now regretting after buying thousands of Doge at 0.4$ price. I am currently in loss. So expecting some good price ups in the near future to recover loss and sell the coin. Wish us all the best. |
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I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
Listen dude, the evil between us in only the greed. If you can control it then you will win any war that you are thinking to fight. According to my personal knowledge and experience, i set a fix percentage when to cash out. I also do a lot of research like how much the coin will rise and what the great traders are expecting the coins results. After reviewing all the above info , i set a profit target and sell the coin when it reaches it. Hope this helps you OP, and clears some of your doubts on your mind. |
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BTC went up %13 in one day, as you guys might know. I know what caused it to decline (our troll friend Elon). What's causing it to rise back up?
Listen mate, as far common knowledge Bitcoin follow the rule of supply and Demand. If the demand will be more and supply less then gradually the price will increase. As Musk made the price of BTC down, so many people thought to buy the coin now in low price, so the demand increased and supply became less. This led to the rise of the price according to my knowledge. I have also seen some twitter posts from any government regarding positive thought towards Bitcoin, this might also helped to make the price rise high. |
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selling is a good move when bitcoin is on the rise, but I will sell a few percent of bitcoin and will stay in bitcoin. because the prediction is that the greater the value of bitcoin, the crypto market will soar and will present something new in crypto. so why stop if in the future we will have something new
That is a good decision according to me. If possible i will also do the same and will sell some parts of my Bitcoin. I bought some BTCs when the price was around 22k USD, so if it reaches around 1M USD in the future, then my whole crypto journey will be a success. I will sell some of the cryptos and will start a fresh business with the profit money. Will save the rest of the coins to sell at comparatively higher price(maybe around 2M). Nevertheless let’s see what happens next and when our dreams will be fulfilled. |
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Satoshi envisioned Bitcoin as a Peer-to-Peer Electronic Cash System. While it can and has been used for payments, its use as a medium of exchange has so far been very limited.
It has moved from being a collectible to a store of value. Will it ever move to being a widely adopted medium of exchange and global payment solution?
Now a days Bitcoin is only considered as a Digital Asset. People only invest in BTC to increase their source of income. There are many online stores that is accepting BTC widely but again there are some aspects which is restricting other stored to accept it. The first thing BTC can’t be accepted as a global payment method because of it’s volatile nature. I guess this is enough for OP to gain some enough knowledge. |
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i learned about
Japanese candles
classic analysis
EW theory
harmonic analysis
and about the Indications, i learned how to use
RSI
MACD
stoch rsi
and volume profile
should I add anything to this?
Learning is one of the most important things for trading, but it alone not sufficient to be honest. In order to trade and avoid loss, you need to predict and choose the coin correctly. Moreover there is also luck factor that affects your profit or loss. Though i am impressed that you have learned so many terms instead of being a newbie in trading, but still be cautious while trading. I can advise you to start with small amount at first in your first few trades. Understand the market and feel the market’s ups and downs. Hope you make huge profit in trading OP. |
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I guess you guys are forgetting that BTC is the father of all cryptos and it was the first crypto developed and traded among the people. So how can someone say that, there will be a coin which will overcome the BTC? BTC’s marketcap and volume is sufficient to tell who is the King of cryptos and who is not. And it was always Bitcoin’s time from beginning only. If BTC is dumping now, then soon it price will be rocket high. So buy as many BTCs as possible. Rest depends on our luck and future. |
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Currently I have $109,750 in Bitcoin and $60k in alts.
I'm thinking of getting a loan to buy more alts now and more as Bitcoin goes down. The loan would be from my family and interest free. If the value of my cryptos drop I'm willing and able to wait up to five years to break even.
However, I could use some opinions first. What do you guys think I should do?
Loan from the family is a good decision, but yes don’t break their trust. Don’t blindly invest their hard-worked money in non sense coins. It would be also great if you can tell us what coins are you investing on by taking the loan to give more clarity. Moreover i can suggest you that rather investing on alts, buy BTC at the moment. Soon BTC price will boom up and you will get huge profit. Rest following my advice is up to you. Do safe trading OP. |
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It's good that they did that because they aren't solving the problem with banning crypto advertisement, when what they really need is for a proactive search and destroy of scam advertisement that is flocking their platform.
Yes google at first misinterpreted many times regarding scams and crypto advertisements. Also the scammers using the advantage of the fact that crypto is decentralised, so using it to scam people. Lately google has understand the real value of cryptos and Bitcoin and now allowing to run ads. Sundar Pichai also shared some infos regarding Bitcoin and cryptos in his Twitter account. Maybe soon we can see some more info from Google in favor of BTC and cryptos. Let’s hope for the best. |
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You never know. We shouldn't just say like "It is an old coin. It won't make me a good amount of money.". Being the oldest or newest is not the most important criterion. The condition of the project is the most important.
Yes, i agree with you. Unless the project is not good, never invest in it. Seeing the question asked in OP, it depends that whether OP indicating all the old coins or all the old popular coins. I can easily say that if you invest in BTC, ETH, doge , LTC , then surely you will get profit. These are the coins that never gets old and always chance is there to give you profit. Now if you invest in a old coin whose marketcap is small, then almighty can only save you from losses. Hope you understand the depth OP. |
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Im not Einstein or genius....
I just buy When I see red color -5 its Good enough.
The Good asset like eth btc
That’s too risky to be very much honest. It won’t work most of the time, if you buy a coin which is down for atleast 5% in the last 24 hours. Who knows if it decreases more? You might get heavy loss if you invest your hard earned money like this. What you can do is follow some paid signals or some great traders in twitter and invest on their calls. I am sure this will help to get good profits or in worse scenario you won’t face heavy losses. |
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Millionaires are businessman , so they are always business minded people.
The only thing they think is how to make more and more money.
Hating Bitcoin is one of their strategy to make more money. I can cite the example of Elon Musk.
For his own profit, he became the Godfather of Dogecoin, and shared negative comments regarding BTC.
For this the price of DOGE increased(which he wanted) and BTC fell down.
Many other Businessmen, don’t understand how the crypto works, for which they don’t give damn care to the coin.
Hope this helps you better to understand OP.
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