All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
It is best to hold when the market is red, no need to panic because it is normal and later the price also goes up. Don't sell when the market is red, but if you have money then you can buy a cheaper price, and in the future you will benefit from an increased price.
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Hold the bitcoin you have, and desperately need the patience to wait for bitcoin at $ 20,000. The market today is falling, the market is bound to rise, but it will take a long time to reach $ 20,000. Possible in the year 2020 - 2021 new bitcoin can reach $ 20,000 back.
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I think the main point is trust, because having a good strategy but having low trust then it will be difficult to do. For your investment you can keep it in the long run, don't hesitate with unstable prices, because in the future crypto will be more popular.
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The reason why people are afraid to invest in bitcoin. The country where they live doesn't legalize bitcoin and can make them doubt, they fear if bitcoin is lost, then no one is held accountable.
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True, crypto spreads around the world gradually because crypto is a technology for the future. Crypto is very easy to spread because it has a value that can continue to grow and very good in made as an investment and trade.
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As the first and the strongest coins in the crypto certainly bitcoin will have a future. Bitcoin is the top choice in crypto and so many companies accept bitcoin and demand and supply will always spin in the market. As the strongest coin of course bitcoin is more likely to be able to increase in value, survive in the long run and a bright future.
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Bitcoin is the main coin in crypto and is still the most popular coin, and not in doubt the bitcoin can surely increase in value. In this year bitcoin is falling but bitcoin is still the most popular, and it can make bitcoin a better price. I think it's just a matter of time, so be patient.
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At this time the market is starting to move up slowly, what action? Will sell or hold until the price goes to the moon, please give me feedback and suggestions so no missteps and losses .
Keep holding and wait until bitcoin prices are completely stable. You can sell if the price is higher than when you buy, but for a larger profit, hold it until the price jumps high. Do not rush to make a sale decision, choose the right price to get a profit.
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As you can see that BTC is the largest crypto among all in the market, I just really do not understand why people like to claim that BTC is about to die, do not easily fall for these kinds of topics and think that Bitcoin is dying, put some research on it, its just another person's opinion but again it is misleading. One last thing before you reply, this is extremely important and might be a big help for you (especially for newbies) avoid agreeing with such wrong info given to you, be sure to take extra care in replying, and the most important part of all is that you should make some research and do not forget to read the thread (if necessary) it is also important as you can gain new information from other people, though just make sure that what you are reading is very much legitimate.
Thank you and feel free to respond, I wanna see your insights about this.
Yes, bitcoin will not die easily, bitcoin will survive because it becomes the strongest. Bitcoin will remain the king of crypto and no altcoin can replace bitcoin. Keep hold of bitcoin, because bitcoin will be able to change the future.
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With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is: 1. Not Backup Key 2. Electricity Billing Mining More 3. Lunes In Phishing Sites 4. Buy Coin With Rumors 5. Create a weak password 6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
Losses and advantages are always in crypto and can not be eliminated, the advantages and disadvantages of it all depends on our own, and from that determine the decision of crypto must be careful, and if wrong then the loss will be obtained.
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By the most logical thinking: • There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether. • IF that is so, then that entire episode actually means nothing, and... • Bitcoin etc values will decay back to their historical levels prior to pump & dump. • This will be slow because interim buyers won't want to take the losses. Look at BC charts for the past 6 months. It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months. And that's what makes sense - at least, more sense than anything else. A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic. The only "charting" you need is the big picture here: https://imgur.com/a/QTYOQyLUnfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would. Yes it's logical thinking, but not necessarily that will happen to bitcoin, because bitcoin prices are always changing every time depending on market movements. The market is currently down and that does not mean the market will go down and bitcoin will decline in the future. I further believe that bitcoin may increase in the future, because bitcoin is reliable.
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I think the next economic crisis will affect the digital money market. what's your point of view?
The price of crypto is unstable and in this decline there is nothing to worry about from the market, if you think positive then you will see this as the right time to buy, and that's better than buying at a high price. The market will always give the opportunity and use the opportunity to make a profit.
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I think this time in mid-July is the right time to buy altocoin that has been popular .. to hold up its price rise .. because I observed already about 6 months bitcoin prices declined after the new year yesterday .. and now in the middle of the year when it will back up the bitcoin price.
What do you think? is this a great time to buy altocoin?
To make a profit then you can buy cheaply and be patient in holding and waiting for price increases, and you can sell for profit. Not all altcoins are good and potentially will survive and increase in value, you should also examine the coins you buy, choose the best ones to give you the benefits.
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Bitcoin prices have been in a free fall and dropped to a low of $5,860 a week ago.
It meant it dipped below $6k for the very first time since October 2017. Cumulatively, BTC has lost 70% of its value in 2018 and the peak of $20k on December 17 is just but a stat now.
Bitcoin is not dead anytime soon, indeed if you compare this year's bitcoin price to a very distant year ago, and today the bitcoin prices are falling low. Current price falls but that does not mean bitcoin will die, bitcoin can still survive and will come back with a high price. Be patient then you will get better bitcoin benefits.
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Should we hold on to altcoins which we have invested and see the price dropping every moment or it will be better to sell them or hold.
If the price falls better you hold and wait for the recovery of the price of the coin you hold, as there is always the possibility of the price will increase again.
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What will be the best option to do now looking upon the current BTC price???
All you have to do is be patient and hold the bitcoin you have, the market can definitely be stable again. Think positive so you do not panic, and if you panic then you would prefer to sell at a low price and when later bitcoin prices increase then you will regret. Think positive and choose the best for you.
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I will be wondering that why the price of BTC don't be constant , it keeps changing Cryptocurrency will never be consistent and will change at any time. Unstable markets can be an advantage where you can buy when prices are low and when prices increase you can sell to make a profit. Unstable prices can also be a risk, so you have to be careful about your choices, because your choices can be profitable or a loss.
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https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/ I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction. Most people are more concerned with profit and therefore more of those who hold bitcoin and use bitcoin as an asset than as a currency for payment. And I think because usability as a bitcoin asset is in want.
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when bitcoin prices are drops, I think we better talk more about the positive value of bitcoin. do not think about the value of bitcoin today, because thinking about it will only make us panic and confused. enough G20 make us calm.
So, now. we are talking about the benefits of bitcoin if bitcoin managed well.
what do you think if bitcoin is managed well by a country?
To manage bitcoin to make a profit then you should be able to read market conditions, buy at a low price and then sell it for a high price, but you must have the patience to do that. And why you should panic, because you can buy cheap now.
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Selling bitcoin is not a stupid decision, if they sell when the price is higher than the time of purchase, it's not a stupid decision, because it can be a strategy to make a profit, and when the price goes down they will buy back. Holding in the long run can be a good option, but to get better profits, then you should be able to choose the right time to enter the market. The crypto market is very unstable and you should be more sensitive in your choices.
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