I think majority here doesn't want to execute tradings with high fees. And also, i always consideing the platforms of an exchangr aside from the fees. Some exchanges doesn't contain charts and some supported it and that is always important when trading. And I stayed loyal to an exchange if it was a trusted and provided a stop loss features.
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I have a positive outlook for the cryptocurrency after 10years. Cash will be less priority and digital payments are most prioritize that time. But this is just my own opinion, we can still can not say what will happen in the future since there are so many critics of cryptocurrency. They said that it cannot replace fiats because it lack of characteristics. But i have a strong grip that cryptocurrency will have a better future.
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That is how we had to react on a bearish market situation. Buying and invest more bitcoins and other altcoins. Being a smart investor while the their corresponding prices were too low are significant to gain huge profits when the pump comes. But we have to understand the feelings of most of the investors who bought btc at high price and then being deficient because of the bear market. They were too emotional and scared that it might not returned their invested money.
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JP Morgan seems to be convinced that cryptocurrency will be a good investments. That is why it was easy to change his mind and create his own coin. He has a positive outlook throughout of his studies about crypto. Therefore, he has a critical expressions about bitcoin before, here he is now. Already a part of this kind of technology promoting his own crypto coin and supporting bitcoin.
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It is possible that whales entered the market not that obviously. I mean I was used to see whales like this before and the green candlee and the unexpected green bull also indicates that the whales already entered the market. Whether the high volumes refer as it is or not, the thing is we can see how they control the pump.
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Thank you for sharing your experiences to inspire every newbies here or even not the newbie but the members who are having struggles in trading. One thing I learned to achieve success like you is the DETERMINATION. If we are able to input such determination in every trades, learning and reading some useful articles like what you have shared will be a great help for a trader to reach the goal.
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I couldn't see any damages result to our economy. Bitcoin has nothing to do with the broken economy of a country. And unlike their comment about btc, it is very much useful nowadays. People are not yet familiar with the changes given by this advanced technology. But time will come that they will realized that bitcoin will be a great help to the economy and
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There are a lot of predictions by a lot of enthusiasts that it will go down below $3000 which I think is impossible right now. As you can see, the price of bitcoin right now is $5300, meaning that the market is opposite from what you have said. But let us assume that it will go down that price, then many investors will go and buy bitcoin if that happens.
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There's nothing wrong if we believe the anonymous's predictions. But if the first prediction already happened, that doesn't mean it will happen all his price speculations. Remember to rely to your own TA and make it as a guide only. Since we are at $5200-5300 now so, it is possible for the next $9000. Looking for that price!
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Most of the traders easily react to the fud that is why they are panic selling and panic buying. If a trader lose everything he/she has, then it would stop him to trade crypto coins. Definintely, a wise trader shouldn't trade coins without a basis and that is the key to win the trade.
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It doesn't actually totally btc miners banned. It was just a proposal but no yet implemented. But whether the China and their government decided to banned btc mining, if it is for the country's sake then it's fine. It will gonna affect btc's price for sure since the demand will go higher then the price will also go up.
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Well, whatever China's decision in compliance with their governments rule, one thing am I am sure of, is that it will have a great impact if that will be implemented. As expected, China will just only doing what they think was right. If shutting down btc mining will benefit both China country and the crypto industry, then let it be.
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You were right all along. TRADERS are either tend to lose or win. And you aren't overthinking. Hence, whenever we trade their are some circumstances that you won and take some profits before you are more knowledgeable and made some technical analysis while the other traders who lose were had also a reason why they lose. That is a real reason why.
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I am not surprise with the acceptance of BTC to such events like this. But with the BNB at all? It was quite amazing. Another good step for BNB to achieve another sign of adoption in terms of auction payments. It just means, that the positive progress of cryptocurrencies like this are really fantastic and quite good for mass adoption.
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Seems unrealistic to me. But hey, this is a cryptocurrency world and any price is possible with bitcoin. He speculate bitcoin too much and I would like to address that it may come true for the upcoming years but not for now. Just in case it does happen, I will invest whatever spare money I have to buy Bitcoin starting from now on. I just need to be hodler and nothing more. If you think it wisely, we can still avail a full 1 Bitcoin, it is possible for most aver age person. We might regret this time if we don't act now. I will be getting goosebumps more often, hope it does goes to 1 million as they say.
We can even buy and invest now. Remember that we were at the bottom when the price was at $3k and it is a good time to buy now. Hence, if that speculation of Wences will gonna happen in the future, then we will get the jackpot and feels like we won the lottery.
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If you are hesitant to buy bitcoin because of what happened to you last year, why don't you try buying some coins? There are some coins that have a dump price. Anyhow, you have to gain some confidence or some courage to invest btc now. I am sensing that you have some regrets and afraid of losing your fund which you don't have to feel, anyway.
If you want to become successful trader, learn technical analysis. That's what i always advice for some newbies here. It may be a big help because you'll know when to buy btc especially when the market is really volatile.
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It is really hard to find a right investors for your business especially bitcoin investors. But let me tell you my experience before. Someone send me a personal message on social media encouraging me to become bitcoin investor which makes me think that we are capable of finding investors by inviting some people in social media. You have to think of unique and different approach to find investors.
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Not familiar with VIX indicator and I had a quick browsed from the google about it. Looks like there is really something especial about it. Accdg here, VIX indicator is a real-time market index representing the market's expectations for volatility over the coming 30 days. If this is the case, then Warren Buffet can be true to his statements. Hence, I am using different indicators and luckily I still got some profits. Though, not that huge like Buffet does but at least, I am gaining.
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Here's how would you explain bitcoin in an easiest way to others.
>Bitcoin can become an investment to everyone because of it's price volatility. > It can be used as an online transactions/payments and without in need of the third party.
If you will explain something like blockchain technology to them, they will just get confused and will easily get lost. Try to say some useful things first before the deeper part of the bitcoin.
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I was expecting government blockchain technology in the future. I mean when the time comes that they would accept bitcoin in their system, it will improve the technical aspects of their system. I can also see things like the business corporations would use this kind of technology for the convinience of their works.
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