Having in mind such a large amount of coins present on the market it's hard to keep track and decide which coin to choose. Also, the market is very dinamyc and the price is changing all the time so you realy need to have enough time and experience to handle it with success. Maybe this would look like I only play for safe but to my opinion is still the best to stick to Bitcoin, Ethereum and such "large" coins that are present on the market for a long time and that you can't go wrong with.
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I think that serious traders would not use social media tips for trading. Except for the fun maybe Social media is not reliable and professional source of information related to cryptocurrency trading and could often be misleading. Don't use them as your basis for making decision, this could end with bad choices and possible loss. There are other platforms that could be used much better.
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As we can see the price is again under correction, it's below 7000$ so it's the good moment for buying. It's not the time to spread panic, this is just a correction that will not go much lower so buy now to be ready for the future period. Even on a difference of few hundreds of dollars you can make mony so don't be afraid to invest.
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I don't think there is some real connection between altcoin and Bitcoin market. Yes, trends on both influence each other but on the other hand each of them is functioning independent and I don't think that solving some issues on the altcoin market would necessary influence Bitcoin market in positive way and prevent it from dumping. There are many other factors that cause dumps and corrections. That kind of connection between altcoin and Bitcoin market that would beat negative influence on both sides isn't achievable.
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Well, it looks like my prediction that the latest price rise will not last and that it's just temporary was correct. Unfortunately. ETF is only partialy to blame for that. Still, the correction isn't that bad and I don't believe it will go much lower. Also it's good opportunity to buy more coins so instead of being disappointed with price, again, use this to enlarge your portfolio.
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I think that the problem is that people expect too much of trading and market in general. Of course, if you are playing with big amounts than you want big profit too but there are many who are not big and professional traders so they are satisfied with smaller earnings too. Not everyone has the same profit apetite and smaller earnings don't have to be considered as a failure. Not everyone is aiming to the moon and stars, some traders have more realistic goals and are going slowly to them.
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I think that influence of news on Bitcoin, especialy those from media and social networks is exaggerated. Actualy, users give too much attention to them, no matter how true and accurate are they. Still, manipulation is possible. There usualy is some impact but because of users who in many cases act implusive but that is usual on a short term basis and effect is not that strong.
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Unless you have cristal ball you can't predict pumps and dumps, at least not precisely. You can make some analysis and based on that predict some trends but you can't know the exact behaviour of the market. If that was possible then no one would ever experience loss. But with time, if you have intense and constant presence on the market and you gain a lot of experience in trading you will get some kind of "feeling for the market" and you will be able to easier make decisions how to react.
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This is not proved yet. Bitcoin is still very young and present on the market for a relatively short period of time so the time will tell. Still I have the feeling that so far Bitcoin is adjusting well and going along the time. But for how long it will survive and stay on the top of all cryptocurrencies actualy depends on the users and how flexible it will be to adjust to the changes and needs.
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For me volatility should stop at least for a day. In this regard to allow people to use bitcoin and feel secured, I think it would be best to allow price change only once for a day and change will only be seen the next day. In this manner people can use bitcoin without the fear of losing so much because price are stable for a day.
You can't stop volatility, it's one of the key features of Bitcoin. Besides, volatility is something that traders make money on and exactly that attracts many users. To my opinion something that could contribute to greater value of Bitcoin is acceptance by prominent businesses and wide spread usage in everyday life. But one of preconditions for that is positive regulation.
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It's hard to tell. Few days ago it looked like Bitcoin is going ahead and has crossed 7000$ but currently it seams like price has stuck a bit. To my opinion we will not see some high jump shortly and we might expect for price to go back and forth for a while. I don't think Bitcoin will touch 8000$ this month. Some biger positive price corrections maybe could be seen at the end of the year.
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It's simply incredible how people would like to profit without any effort at all and think that bot could help them with that. But bots will not help you with that and they can't make work instead of you. Bots can't replace human mind, they can't make analysis, estimation and take decision instead of you. So, don't rely on bots.
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I think it's possible, but it doesn't make sense now. The prices in the stores are expressed in dollars and then this card will just convert bitcoins to dollars. This makes no sense until there are no shops with prices in bitcoin.
How come it doesn't make sense? There are not a lot of merchants who accept Bitcoin so Bitcoin debit cards make spending Bitcoin much more easier. Yes, Bitcoin is converted to fiat currency you desire but that it's inevitable and I don't see problem in that. People, like you have never heard of Bitcoin debit cards? There already exist Bitcoin Master cards, like Mistertango, but they are only debit not credit.
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When something new appears there are always some who are against it. That is natural, people are afraid of new things and have certain resistance. Also, Bitcoin is competition to traditional economy and finances and therefor financial institutions feel threatend in a way. But still I don't think they are real enemies of Bitcoin and with time Bitcoin will get accepted by them too. That is my vision of Bitcoin future.
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My choice would be trading and campaigns. Honestly, you can't rely on gambling as a source of income or profit, it depends on too much factors that you can't influence. And basicly you need a lot of luck. Mining is not profitable anymore if you are indivdual, investment and costs are too big compared to earning you can make. And cloud mining is basicly scam. So, trading and campaign are the best options, here you can count on some real money.
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From the current position to reach 10000$ looks not very likely but everything is possible when it comes to Bitcoin. We still have several months until the end of the year and currently we are in positive trend. There is also SEC decision that we are waiting and that in positive case could also contribute to price rise. Anyway, there is still time and hope.
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I don't understand what do you mean exactly by Bitcoin arrogance? But I'm convinced that you put it all wrong. Users are those who are defining Bitcoin and without them it wouldn't even exist. So status and price of Bitcoin are depending on their users. And those who would abandon Bitcoin every time when price goes down are not true users at all and know very little how it's functioning.
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This story with ETF is now going for too long. It looks like SEC is intented to prolonge their decision as much as possible, for some reason. Currently that is not doing much harm to Bitcoin but it's not helping it either. At the end they might not approve ETF but still I.don't think this will impact Bitcoin too much negative, except maybe on a short term. No matter to that I beleive the price will start recovering with the end of the year.
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So many are asking this same question all the time. It looks like 20000$ is some magic number. Still don't forget that the end of the last year and so big and fast Bitcoin price growth was some kind of exception. That doesn't mean that the price will not reach 20000$ again, I beleive it will, but this will not happen so soon again. At the moment price is around 7000$ and it's slowly growing but this still doesn't show the sign of continuous rise. I think if we reach 10000$ by the end of the year this will be good achievement.
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Maybe localbitcoins would be the best platform for buying Bitcoin with credit card, although many exchanges are accepting them too. But on localbitcoins you can find more different offers and probably also the seller from your own country which might make transaction much easier. Still I wouldn't recommend buying Bitcoin with credit cards because you will have to pay extra, it's much more expensive than buying with other payment methods.
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