Price rise: adoption! Price drop: manipulation!
Ah, classic. If you're a long term holder, why are you so affected by a price drop? It's not like price drops are anything new with bitcoin in the first place. If anything, price drops like this are great opportunities to stack up some more.
Many people are reacting so badly lately, they just want a full pump and don’t want to experience any drop at all a common reactions from those who don’t have enough knowledge on the market. Bitcoin is volatile so don’t expect a more stable price because it wont happen for now. As we are aiming for a new peak, expect that we are taking the ladders and not the elevator to easy going up, buy and sell base on your plan and don’t panic if you see corrections.
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just don’t buy the coins which have small trading volumes. it's too dangerous. if you can't sell your coins to anyone, then you can just stay with these coins forever
I will never buy those coins/tokens because I know it useless and its hard to take profit on no volume listed coins. Well, technically there's a volume but that's not enough for you to trade actively. Good exchanges will de-list all the inactive tokens/coins because they are not making money with them so that's the best solution for the exchanges. Buying no volume coins or no demand at all is like losing all your money into shit things, always but the best and top coins to make profit.
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Now is a good time to invest, so everyone says, but is it true? The fact is that investors take a lot of risks, unlike traders. I choose trading, it's less risky. The fact investor is taking a lot of risks?? What a reference behind your statement?? The investor is less risky even for newbie if the choose the right coin like Bitcoin and Ethereum. Don't equalize true investors and ICO investor, it's different. And traders less risky? Really, I trading too but it's so risky sometimes my decision is wrong and my asset down sharply They both risky especially if you have no idea or strategy on trading and investing so stop comparing these two because the market is so risky. The ETH and BTC moves up trend right now, and if you are just starting to buy you have to monitor the market because it can drop again. Choose to invest on the coins/tokens that you really know, it can make the risk lesser and make you profitable.
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Do you think the crypto market is saturated? If not, why? Your input will be greatly appreciated. Most of the shitcoins are dying now, and not all cryptocurrency can last longer so I think we are still on a healthy market and not yet saturated. Though, there's a lot of new cryptocurrency sooner or later they will fade away easily and those who made a good service and technology will remain standing and keep pushing until they reach many people through their services. If we'ere saturated, the the market should go lower than expected because of many supply in the market, fortunately not yet.
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Cock Fighting is very traditional way of gambling in our place , no surprise on this since they are doing this even before the pandemic but since the risk of getting infected is high, they should not do this and they should follow the protocol of the government or else they will suffer for that. I don't mind telling them not to do this because I'm sure they wont listen to me so If I see some group of people doing this, I'll tell the authority right away to stop this illegal gambling and to prevent them from infecting other people especially their families.
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I dont think bitcoin can reach 20k in the current future it will remain stuck in the 11/10k range
It can't be stuck in that amount. It is either it falls back below 10k or move up. Actually the recovery of the bitcoin has been great and for the past couple of weeks the recovery is incredible. I have no doubt about what the op said. We might see another bitcoin rally very soon. I don't know maybe it will reach 20k but it is very likely the next rally might take the price to something very close to that. We will keep on monitoring closely Bitcoin is very volatile so I also don't believe that bitcoin will stuck on the level of $10k - $11k because the price will move no matter what. Well, the OP says its possible to happen in the next 12 months so I believe it will happen since 2021 will be the year of recovery for everyone that let them buy more bitcoin. We should keep on monitoring bitcoin, don't just hold better to set strategies on selling and buying.
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The last bailouts I think was on the financial crisis in 2008 and that move helps a lot of businesses who suffer a lot because of crisis and of course there's a criteria for that and not all dying companies can avail that services from the government.
They legally file for bankruptcy to protect their assets and to ask for the help of the government, and I think the government should really help them. The Airline industries are dying, if there's no tourism and a banned travel will affect them that much, this could be the end for them. I wonder how the airlines companies prepared for the crisis because I believe they should have a reserve fund for the uncertainties like this.
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My opinion is that from the first point to the fifth point, these five points affect the price of bitcoin which can go up or down. but to get to 100k in the next 2 years I don't think it's possible.
There's a lot of indicators to be consider and even if there's a good news when there's no demand, the effect of it is low and its hard to push the price up to $100k in the next two years considering the people is just recovering from the big fall this year. More pump is coming, but I think we will just see the price of $30k in the next two year. Well, DeFi project already made a pump up to $30k in just a short period of time (YFI Token), Let's see if the price will hold on that level and go for more peak. I hope Bitcoin is next and made a good run again, just like this aside from the hype.
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but I don't think that the Defi sector can last long in this industry, I think it's just a Hype. and after this maybe some of you will be stuck FOMO in this hype defi. I hope you are prepared before that happens.
This is a big question and as far as I can see of those defi who have been getting very big pump didn't have very strong usability. People were getting fomo caused by the whales have been started to pumping it and once the whales will be trying to od a flash dump and the price can go back again to the bottom price. As long as they make profit that's still good and I also believe that the hype will end but not this year simply because a lot of good projects with DeFi is working good just like the Chainlink who started from the bottom and now on its peak. I'm missing some of the pump with DeFi but I'm happy to hold DIA token and I know more profit will come to me soon. FOMO is not good at all, so know when to buy and sell at the right time so you wont get trap and regret later on. The bottom market of DeFi is still far from reality, don't be scared to buy and join the trend.
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Can't say surely about bitcoin cause it's quite difficult to predict the right price of it. But haven't found any possible reason that could makes bitcoin down. Even at this moment price is fine for now. Besides i know that ETH 2.0 realease would be delayed but effect could be shown. So i guess eth would pump from $400 to $500-550 even more, at the end of this year
This is just a prediction so don’t expect it to happen because there’s no such an accurate price prediction. If there’s a pump then there’s a correction after that and this is more accurate than any prediction. Bitcoin can still go up we just need to stay above $12k and we will end the year 2020 on good prices including the altcoins market.
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I feel this year we can see ethereum back at $1200 because more and more people join DeFi projects and that's why I think it will be a bullrun . But as we know every investment has their own risks
but, in my analyze ethereum price will not surpass $1000 in this year my friend i know a lot of great things coming to eth, and supported by the demands coming from defi type project but the target price from eth is still below 1K usd My prediction is just $600 at the end of the year and right now the price is quiet far from my prediction but since the market is unpredictable, we can say that the anything can happen and the $1k price can still be rich. If there’s a good effect of DeFi projects to ETH, then expect the price of ETH will become expensive once the market continues the trend.
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Good traders should not ne based to anyone and should be more flexible on using resources around the market. It can be a news, fundamental and technical so if you want to be good then you must keep on learning. I have a simple principle in trading, as long as you hit your target and you make more profit than your losses then you are a good trader and can handle the stress of the market.
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So if we change the system that money will be not Born from the debt? What will be other way then? And how it will be controlled how much money is given away to people to use it.
This Question is specially for those who is against this debt based economy?
Every country has its own debt history and it will never fade away because it will continue to grow over time. If there’s no debt then that country must able to support their needs on their own and its really hard to fund your projects. The barter can be a good alternative just like the old days but i think it will not work on this era, cash debt is everything now.
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There’s a lot of deceptive marketing strategy especially on a scam projects and i think this can be consider like that. Well, its good that you have an opportunity to share bitcoin on your class and I hope that you will not mislead them and hopefully they’ll understand bitcoin.
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Often half-dead projects are pumped to attract attention, and then sold to new users, much less often they find something interesting in the project and it starts flying to the moon.
Most of the time its just a hype that will burst later on so be careful on investing on those projects because you might miss the selling opportunity. 1000% up is quiet too impossible to happen, but it you are holding those tokens before it pumped then you must sell before its too late.
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1. Best exchange to join 2. Best altcoin to invest in
1. Binance 2. Long term or short term investment? - Long term, I recommend already big name altcoins like the top 10 coinmarketcap - In the short term, I would prefer to recommend coins that are newly listed on Binance, because they usually experience pumping. There’s a lot of good tokens in many exchanges so technically if you see that as a potential token you have no choice but to create an account in other good exchange and trade that token. If you are just using one exchange then you might miss a lot of opportunity out there, remember that Binance is not the ony good exchange. Don’t ask on what token or coins to buy, see that on your own and learn when to buy or sell that token.
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Does anybody know a place where i can buy bitcoin with credit card. I have tried so many websites but it always declines. Who knows a good place where i can buy. NB: I have tried Binance also
Mostly this depend on country of residence many countries not eligible to go through credit/debitcard but still you have this option can check hopefully someone will accept your card. https://www.bestchange.com/visa-mastercard-usd-to-bitcoin.htmlCountry of residence is so important. Thanks for the link ill check it out You have to check the restrictions before you transact online and make sure that you are using your own credit card so you wont get decline on your next attempt. Buying using are bank accounts or credit card with bitcoin is so easy nowadays, and most of the new investor are using this including me. Binance works wel, I don’t know other exchange that can offer you a good service like this, find the best that fits for you.
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Every time I invest I always look for their purpose in the market and what kind of services that can offer to us that can make them more valuable in the future and help us make money as well so this advice is indeed a must thing to do before investing. If you don’t have much experience with cryptomarket, well I’m telling you that many of the project here are just pure hype and just a copy paste of the old system same as DeFi right now. The list of DeFi on OP is great, I know DIA can make it more profitable soon so watch this project.
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We are far from this but if someone can invent a phone like this, then I will switch on that right away.
The phone makers are so busy focusing on their CAMERAS and other useless things aside from the hype, and they don't even care if they are just depending into some 3rd party apps because the users will suffer on that anyway but its good to know that Huawei successfully made their own App store and continues to develop and improve their phones. Independent mobile devices can help us to be more secured and become more anonymous, but then again the giant companies will not let this thing to happen as easy as we think.
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The hype might too much but that token will never go back to zero because Chainlink reaches the peak not just because of the hype but because they work for that and after years of working, investors sees a good opportunity on DeFi projects so I don't think this one will fall again or die. Why the hate on DeFi projects? We all want to see something new in the market and I think DeFi came here to offer that, as long as its a good project then stop the hate.
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