for me it is only a prediction that is not necessarily true so do not believe too fully in the article because that makes not necessarily know everything, if you want to get a profit in investment watch the market movements at any time so that you are not left behind important information that affects the price of tokens or coins you
I always say that reading articles is first step and deciding whether to trust it or not is second step. Not ever knowledge that is presented to us has reality and benefits in it. It is up to the reader to believe it or not. It is also necessary to keep oneself with the changes. In case of holding bitcoin, this becomes the most essential trait for earning money through bitcoin trading. Learn the patterns by doing your own analysis. |
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One more thing, always care with the news because crypto price is always move when the coin have a bad or good news. Always be up to date and be the first person to know the news about crypro will make us safe in crypto currency trading. Beside that, we also have to know the technical analysis to do a day trading or if we want to pay our living from trading we have to really understand technical analysis
You're right . All coins are easily affected by the news so there is a need to be extra careful in investing. Any news can affect the coin you are holding and it's easy to change the value in the short term. We are just ordinary investors so we usually do not do much research, but now it is certain that the research should always be the top priority because the current market is more risky and more unpredictable this year. I usually have a backup plan if the coin drops suddenly because if the market goes down it will be very difficult to invest and it can completely cost you huge losses. The best advice to focus on monitoring this market every day and only trust in yourself. Sometimes having too much focus on the market made us so stressed in the long run. Much better if we seldom check on the market trend movement in order to avoid being emotional, and learn how to be specific on your decisions in order to be strong enough to face such challenges in trading your crypto assets. This is the major reason why I am involved in long term trading and that too only with bitcoin because in that way I am able to avoid majority of the stress giving news, predictions and trends. Cool minds are always able to make right decisions and I, along with majority of the day traders, am unable to have good control over my emotions when my crypto asset is having bearish market. Instead of feeling bad and down during bearish market, don't you think buying more bitcoin would be more beneficial. We all know that this bearish market is not destined to stay forever. Though we cannot predict the exact time for the pump but the fact that it will come remains same. Above all, even during the bearish market, bitcoin shows good changes in amount making trading possible. |
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I think using altcoin is more favourable as even if you lose out it will be that altcoin and not bitcoin which can grow quickly whenever some news come in as this is the king of all coins . Bought everyone has different reason to play with particular coin.
Obviously, it’s easier to accept a loss if you bet in altcoins, but I want to keep my balance in BTC. But for the withdrawal, it is better to use transactions in altcoins, because their cost is lower. Gambling with altcoins has its own pros and cons as compare to the one with bitcoin. The loss of altcoin is not as big as that of bitcoin. It is not that with a smaller bet of bitcoin, the loss can be decreased. The lost bitcoin was actually the source of future profits. Keeping balance in bitcoin will benefit you ultimately. Bitcoin transactions are not too expensive, they are according to the asset rate. |
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Pretty hard to overcome specially if you're really devastated of what had happened. The only thing I can think of possiby to somehow control your emotion is that take a little break, go away from what you're currently doing, look outside, eat something. Emotions are pretty tough to control but you can somehow aid it with a little break, so that, it won't have a huge effect in your trading.
Usually day traders face this problem of staying under the strong influence of emotions. In my opinion, both extremes of emotions that are ecstasy and stress are bad for traders because under both situations they are unable to make decision by staying neutral. I often suggest pausing trading when you experiencing any situation by involving yourself into activity that uses your energy physically. |
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Learning by experience is a very effective way to learn but it is also incredibly painful, it is better to try to learn all what you can before you try to become a trader, if people did this I am sure we will not see as many traders making the same mistakes all the time, another factor against trading at this moment is that many choose to invest in altcoins because they want to multiply their bitcoin in a fast way but with altcoins in such a bad shape it is better to wait until things change.
Thats the thing about trading though, you can't really learn it from reading books (except for some TA basics), you have to learn from experience. One way to get experience without suffering losses is just trading without any money, write down every trade you would make but don't actually do them, then after a while you can see and evaluate what your result would have been. Or you can also just start with a small amount, that'll feel more realistic and you won't have to worry about losses. And then when you feel you're experienced enough you can start trading real money  Trading is something practical not theoretical so this is why traders are unable to understand the concept fully simply by going through books. These books definitely can help you when you are executing discussed trading techniques with real money. So the best way to learn as you discussed is by performing trading techniques with small amount of money rather than going for risky trading amount. |
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Not that much profitable by now.
Better to just HODL first.
There are a lot of rumors for December, that could be the moment to take profit back.
You could sell if the price pumps suddenly. But now, I dont think there is a space for another large price dump.
Just looking at how slow it moves, this could be the bottom of bitcoin.
Right now the market is supporting buyers not those who want to cash out some profit. But as far December is concerned, there are maximum chances for bitcoin to set on the track of great pump. The end of December would be probably good time for sellers who are in hurry of making some profit from bitcoin and related crypto currencies. I will suggest holding in December as well because real profit will be available in 2019 as per experts. |
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at 1000ehs, 1 BTC = $100k Cool idea and why shouldnt the world be this neat but the fly in the soup here is the inclusion of the $ sign. We cant rely on a constant $ value, I guess perhaps we can refer to 2019 $ and account for its variability afterwards. If we do that we might as well go back to 1971 and take the last fixed price for dollar as the measure, in fact we'd take the grams or troy ounces of gold equal at that time as it would translate in a non changing measure physically. The free market will always set the price with some error up or down and it generally does eventually do a good job of accounting for various inflation and excess supply available. If we could fix BTC to another commodity, it might be energy as that is used to create the price and gold can also be said to have a relationship to the oil price again with energy a large part of the costs to mine gold. So that is the way I'd go to find a constant relationship in the price. The security of the blockchain scales directly with the hash rate and so should
the price. I do think there is some good comparable measure here between blockchains thats fair reflection of approximate worth. BTC is a currency, the price of it depends to its demand and supply just as fiat currencies which fluctuation can be seen in foreign exchange. If BTC is a currency then price will dip and bounce. Security is one reason why BTC price could go up, hashrate makes it more secure and zooming out the chart we'll see that from the beginning BTC is actually rising since 2009. Zooming in to particular time frame in the charts will make it difficult to see where the price can go. Since 2009, we have overall seen increase in the value of bitcoin and also a significant increase has been observed in the number of bitcoin users i.e. both investors and holders. Though the journey of bitcoin is full of pumps and dumps but on the whole, people have observed progress in bitcoin along with altcoins. Even in present situation, we shall simply increase investment in bitcoin and it will pump harder than we are expecting. |
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Now, the question: why it takes THAT long the smaller banks to go the same way and start using the blockchain?
For any company or banks to implement a new technology you need to have a thorough understanding of the system and you cannot implement all of a sudden and majority of the technology companies are learning about the opportunities of blockchain for a long time and if the banking sector find it useful for their business then they will implement it. There are many big companies or brands that understand crypto currencies of blockchain technology in detail and even are investing into digital money. As far as banks are concerned, I am pretty sure all banks are aware of blockchain technology because they are already dealing in stuff that is related to economy or in short money. I am sure there will be banks in future offering their services to crypto users. |
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Trading is really hard and I cannot say not to panic or be afraid and just keep going, to just trade and trade and ignore your feelings, because that will worsen everything, so the least thing we can do if we are not feeling well, worried too much is to relax and stop trading for a while, have some rest, go out with your family and eat your favorite food. Make sure to clear your mind before doing trading.
We cannot deny this fact that we all are humans not robots so we cannot ignore feelings such as anxiety and frustration. We are for sure often relying on our feelings in order to get some intuitions type things. In order to avoid stress caused by trading, I would also strongly recommend going for outing or doing stuff that makes you happy. Never try trading with bad mood because it will make you take wrong decisions. |
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I don't believe in predictions or anything, but my feeling is that if one day bitcoin will really fly and far exceed the previous highest price. What I thought might be self-speculation, but I really believe it wasn't because of someone else
The old buyers of bitcoin know this fact that bitcoin is the most powerful coin of the market. Bitcoin has never disappointed its true supporters. We all know that dumps of bitcoin do not stay forever and those are basically opportunities of buying bitcoin at low rates. This is the best way to live tension free in the world of crypto currencies if you are not paying attention to every other news spread by haters of bitcoin. |
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Bitcoin just made a sudden or abrupt rise hours ago and it reached more than $10,000 before settling at around $9000 as of the moment. Now, I am actually so excited and happy for this development as I also have some Bitcoin hidden somewhere. However, i am a little worried that this very volatile move can be bringing some damage to its overall reputation as a store of value and a future global currency.
Is my concern really valid in the face of this ongoing development?
Sudden pump and dump is usual thing in crypto because it's decentralized and the whales is in every exchanges. So if they make a move the market will shaking. The speciality of crypto is the volatility and i think it won't make something bad for crypto because that's the nature of crypto. and after reaching the resistance on recent pump, the price looks like stable on 9k+ and i think it will ready to the next pump. The old users of bitcoin and crypto market are fully aware of this quality of the market i.e it never stays stable. Prices fluctuate so rapid and that is why there is a complete separate market for day trading which totally rely on the volatile nature of crypto currencies. Recent pump is in the favor of bitcoin investors and I am sure the btc price is going to higher level by the end of this year. Since in last couple of weeks, bitcoin has shown some decent improvements in the values and it has stirred the era of purchases among investors of bitcoin. I am sure that if we keep purchasing bitcoin continuously, the market will not take much time in pumping. It is going to repeat 2017 in 2020 and I am going to stay confident in the tendency of bitcoin in generating huge profits. |
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World economy by now is under hard crisis. This has happened with more people going jobless. In this world everything happens on a cycle. The world economy too follows this, and we experienced similar bad economic situation during the year 2008. Now once again this is taking place. Based on this soon we'll experience the economy to move forward.
All countries are in one way or another depending on one another for strong and stable economies. Definitely if there is no buyer of your commodity, how are you going to make money out of it? To end or reduce unemployment, governments shall shift the focus of people towards crypto currencies because there are so many people who would be great at trading and their profits will stable economy overall. |
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This is not important to discuss, but it's for general curiosity. I hold over 100 coins and tokens but most of them found in airdrops so they have near zero value. I only have 11 including BTC that I invested and really care about. I don't want to name all of them but as of today, nearly 66% percent (based on BTC price, not fiat) of my portfolio fills with Bitcoin.
Can you share your percentage of BTC holding? Kindly, only count coins that have value.
Same with the other I have plenty of coins in my wallet but not all them have good value in the market that's why I keep on holding those coins. Actually, 50% of my holding is in bitcoin and the rest are the best altcoin for me just like ethereum , ripple and binance coin. The percentage of ethereum in my wallet is 20% and in ripple and binance coin are 15%. But, one of my plan for this coming year 2020 is to more percentage in bitcoin so I can make more profit once the price goes up. This is great that you are thinking about increasing the percentage of your bitcoin holding because in this way definitely you would be able to cash out huge profits in next year during the pump of bitcoin. I am not going to invest much into altcoins as they also increase only when bitcoin does. If we are supposed to hold all them then why not just hold the king of profits i.e. bitcoin. |
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Bitcoin have more the 20k USD potential on further years, But we don't predict it will reach on end of the years. Because still is not a cross the 10k USD so peoples are think it will reach 13k USD on this year. Already it was cross the 12k USD one month before so everyone believe the Bitcoin potential. Automatically Bitcoin will raise on further years so we can't predict the future value.
Bitcoin is not predictable how much will be achieved by the end of this year, for example a few days ago bitcoin rose significantly in 24 hours bitcoin can grow again, will this year be like that? quite good news I'm sure the pope will control prices again like yesterday. Agree with you no one has the ability to make a perfect prediction about the price of bitcoin as it’s really volatile by nature. It can rise and fall with daily based or monthly no one actually knows but as per now the market condition is getting good so the price will be high and 2019 will end up giving us such great surprise about price, so many people are expecting $20k this year. The market is so volatile that prices fluctuate drastically within hours and within minutes for Bitcoin. Though accurate predictions cannot be made but assumptions by experts and majority are often found accurate. Bitcoin is highly expected to reach 20k or above by the beginning of next year. In the coming months, there would be a decent increase in the buyers of bitcoin than holders. |
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The difference primarily is that investors know the difference between ASSETS and LIABILITIES. Those you mentioned the car, the condo, the house, investors see those as liabilities and instead of buying more of those they go for income generating ASSETS like real estate, businesses, etc.
That is the main difference between investors and everyone else, when investors take loans they don't do it to buy products and services that will not generate any income, they are taking a loan to try to create a productive activity that will allow them to pay that loan very fast, that way when they finally repay the loan they have a new source of income which is another thing that investors do that the common man doesn't, the common man only has one source of income while the investor has many. The major difference between investor and common man is of thinking. Investors are always hunting for ways through which they can create a constant source of income whereas the other one does not think about the long term effects; he or she is simply concerned with present enjoyment. Investors do not waste their loans rather they use it appropriately and are often able to return loan on time unlike common people. |
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I think these expert traders are hiding their losses just like you said. First of all because as "experts" they need to live up to a professional reputation wherein their trades are good and profitable, would you take trading advice from someone who is broke? No.
If anything I wouldn't be surprised if in reality ALL experts have hidden losses that they never disclose to the public.
Just for the sake of their positive reputation, they are hiding their losses. There is no way they were born experts with amazing trading skills. Definitely they have learned all through experience and there is no concept of learning without losses. They are hiding their failures in order to gain trust of people. I would suggest them rather sharing their losses to motivate people regrading cryptos. |
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most of pridection price on your chart are right even it already fall 7300 usd per btc last week
these recent days price rise up 10000 usd per btc now it tradable level 9000 ----9600 per btc
i am sure that another big pump like the last will happend next days
prices can rise to 13000 usd per btc . this the best time for buying bitcoin
market is right now full of predictions related to huge increase in the value of bitcoin in coming few months. This is not just something baseless, experts are putting forward such predictions on the basis of recent market movements in prices of bitcoin. By the end of 2019, there will be seen immense increase in the buyers of bitcoin as it has started increasing in value and probably will be above 10k by then. |
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I think bitcoin will survive a long way, the best thing is for people who buy the bitcoin at a lower price or even on the first exchange list and also for people who mine it when can mine with a simple pc and hold for long. And most of people are here to make some profit.
Bitcoin will never end as long as there are still many who use it in different ways, bitcoin can benefit its users so that all bitcoin users will defend it well so that bitcoin becomes strong and lasts forever. The popularity and adoption of bitcoin continues to increase and more and more investors are coming to invest in it and there is a lot of good news about bitcoin that makes bitcoin never end. I agree with your opinion, bitcoin will not end even though there are some countries that prohibit it and despite a lot of negative news about bitcoin. everyone will realize that as time goes by, bitcoin will be increasingly known to the public. and surely the demand will increase when people realize that bitcoin is beneficial. when there are still more users and requests, I think it's impossible that bitcoin will end soon. The true value of Bitcoin will realize in the future, it will never end as it will be like gold that will treasure forever. Bitcoin still have a long way to go, it will still regulate and some countries will make it as legal tender, in the future we can see a lot of Bitcoin ATMs, and most of businesses will use this a more of payment.. Yeah, The future of bitcoin is so bright because all over the world, crypto currencies are recognized generally with bitcoin. It is so popular that even countries with shattering economies are taking help of it for stabilizing their economy. Venezuela has build up bitcoin ATM which means this is going to come in trend soon. Such steps will spread awareness among people and is going to increase worth of bitcoin. |
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It's not good to invest all of your money at once. What ever you have done you have to option left. One you should wait for the BTC to hit back 20k. Or you may trade the coins and try to increase it. But the second option is risky for you. you may try to trade with very volume.
Second option is the safest one and most beneficial for new investors. We all know that lately bitcoin has started increasing in value and China has also shown positive attitude towards crypto currencies. All these situations are building up trust of investors into bitcoin and crypto market on the whole. I don’t think so bitcoin will take more than 3,4 months to reach 20k. |
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We can get people to use bitcoin as a currency by simply influencing them on what they can do and what they may do in crypto and also on how they can regulates to bitcoin. Yes, we must also influence them to use bitcoin as their payments to some stores that are already accepting bitcoin to get paid their products or goods so when they saw the legitimacy of bitcoin as a currency maybe they can used it as their personal currency.
Show them things that will be the proof of the existence of bitcoin. It could be your latest transaction, your trades or what it could be anything that has an equivalent bitcoin in return. Everything with proof will let them believe and use bitcoin as currency. It is east to influence someone with valid proof of earning. Or you can show and explain them the whole meaning of bitcoin. From being an asset to being a currency that they can use to anonymously purchase something online. They can start to diversify their money to bitcoin and other cryptocurrencies in the market which will give them an edge to earn more and if they would like to, they can purchase some low volatility cryptocurrency for payments. The best way to attract people is to tell them about your success story in the world of crypto market because people demand practical examples. If we all crypto users start a campaign of convincing simply two people around us or in our circle for investing into bitcoin, I bet within no time the market will be on way to moon and the legalization of crypto currencies is going to happen around the world in no time. |
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