With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy, (it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
Gold always safe haven assets and its more safe to keep our funds in gold. When economic crisis happen, most investor prefer convert their investment to gold. I think gold is good investment in uncertain market and anybody can accept gold when we need money for emergency. The main reason why gold will always have value is that everyone in the world has agreed that gold is a valuable object. So everyone won't be worried when he has gold as a place to save money even if there is a price decline. In contrast to cryptocurrency, there are only a few people who have agreed that cryptocurrency is a place that has value, they are still questioning things that are technical in nature, so that when the price drops like what has happened will make everyone worried.
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I really believe Bitcoin will be great again, the big pump will happen in the future, Bitcoin will be used as payment throughout the world, and the government will recognize the existence of Bitcoin. we just have to wait until the Bitcoin is great again...
That's true, a few days ago I had felt a weakness in the payment system for sending money in two different countries. My friend wanted to send money to me at that time, so they sent money through western union and what happened? it took me a week to wait for the money to arrive at my bank account, honestly that was the thing I was very sorry about. It will be different if my friend sends money through bitcoin, maybe it only takes a few minutes the money can get to my bank account.
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I realize that the current conditions are not favorable for bounty hunters. I am sure that the market will recover soon. I also keep coins from the bounty. I believe it will be gold in the future.
Someone who already has more insight into the function of cryptocurrency so they will not discuss or worry about the ongoing price decline. Their focus is only long term because the future still leaves things that can be utilized by cryptocurrency, payment systems and places of investment is a function that will no doubt.
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Internet is almost everywhere now and therefore crypto currencies have no obstacle to become available worldwide. Its just that many people do not know the true strength and usage of bitcoins and few people fear because of bitcoin volatile nature.
This is not a volatile problem or a bad image that some people are against Bitcoin, but this is only a matter of time. One time bitcoin and altcoin will be used by everyone in the world when the use of the internet is evenly distributed throughout the world and surely the most important thing is the government. I must admit the government can make cryptocurrency used by everyone or even vice versa. Everyone will accept something new when their government approves and legalizes something to use. Therefore, every user will not worry about the assets they have in cryptocurrency.
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In 2018 everyone will get used to the decline in the price of bitcoin or altcoin. I am sure they have prepared a number of ways to continue to profit even in the red market conditions. Chances are they don't just throw away their assets, I mean they do panic selling but will still return when prices are truly stable at low prices.
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The decline in prices at this time is not just ETH but almost every coin has experienced a drastic decline including bitcoin. So as can be concluded when there is a reflection, the price will recover. I saw on coinmarketcap ETH fell to $ 87, a price not expected by most ETH holders, but we should wait for what will happen after this. I hope there will be a big reflection and make a high price and exceed the price of ATH last year.
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There is no one who will really give a good way for you, in this position only you will decide between selling or staying hold. So everyone is required to know about cryptocurrency as a whole when he is about to start an investment, so when prices continue to decline he will be forced to decide between selling and holding, and usually for those who already know about investing in cryptocurrency when they lose will never make a decision to sell, they will continue to hold until the price recovers.
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We have just seen some failure of all the support levels, I don't think we are stabilizing at the moment. If there is no good news coming we will still soon experience this kind of dump again and again. The market will stabilize after a couple of weeks after the bull run and that's how i see it works.
Good news and bad news indeed as the main benchmark that makes the price of bitcoin rise and the price of bitcoin falls, however, in the past few days the price of bitcoin fell from $ 6400 to $ 3700 and what made me weird was that there were no bad news drastically in just one day. Surely, this can be made a consideration in the future, that the price of bitcoin is not always caused by bad news or good news.
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Every bitcoin investor will have a good view of the future of bitcoin prices. Even though at the moment the price of bitcoin is declining, down to the three digits, I'm still sure some investors out there will not consider going and giving up. There will always be investors who say this is a good time to buy, you can see ATH 2017 and every investor gets a lot of profit from his investment, maybe that is a consideration for them to stay.
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At least he was given a suggestion by someone who really knew about bitcoin. Saving all assets and buying them against bitcoin is indeed a contradictory way, on the other hand every bitcoin fan believes bitcoin will have high prices in the next few years, but some of them still question the function of bitcoin so they are not interested in investing in it.
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You will face more risks if you are going to choose cryptocurrency investment than opening a real business but there are more opportunities that you can get from making investment in cryptocurrencies. You should create a plan very well for you to not lose your money.
Real businesses will also find many risks, especially the risks faced in real form. You have to compete with your competitors, and every day you have to find a shortcoming that exists in your business, if you don't find your business will lead to destruction.
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what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
Anything could happen with bitcoin price. It could be drop to $1000 but it also could be increasing to $50k in next 5 months. Its hard to predict bitcoin price these days because market volatile very high. Better hold it for long term and never sell it at cheap price I think for people who are worried about the changing prices of bitcoins that are continuing to decline are those who are just starting an investment in bitcoin. At first they did not know bitcoin and the character of bitcoin, which they yearn the price of bitcoin will continue to rise. However, this problem is undeniable, bitcoin competitors are not a company or an ordinary person, but many countries are still loyal to reject the use of bitcoin and this is a major influence on price decline. Unlike someone who chooses long term investment, they already know the previous bitcoin and characteristic previous bitcoin price.
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What is your best plan, if you look at the uncertain crypto market situation, do you have plans to invest in several altcoins? what coins do you think will be good in 2019. Thanks. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The cryptocurrency market this year is plagued with turmoil, each price has changed dramatically and is still looking for the lowest prices. However, there are some interesting altcoins to be reviewed further and are worthy of being used as an investment place, first is Bitcoin Sathosi Vision (BSV) after hardfork is finished and various dramas appear then I see BSV has a great potential to be used as material to gain profit . You can see in the last few days BSV has entered the position of the top 10 market based on coinmarketcap cryptocurrency, this is only a signal going forward BSV will have a high price even exceeding BCH.
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No one will give you exact instructions that will protect you from scam projects. All this comes with experience.
At least you can give an idea of how you are when you decide to take part with bounty campaign. After that he can thrive what you have explained, I guess everyone has the same concept when choosing a project but there will be found a different way to decide which project they deserve. You can see in the bounty campaign that is running now, if everyone has the same concept and the same way everyone will choose the same bounty campaign.
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If i should choosing between bitcoin and network marketing, i am prefer choosing bitcoin. Network marketing is good option but i am believe bitcoin is good investment in the future.
What if you choose both? investing in bitcoin is very risky, I have to understand that. So as I can't make bitcoin one of the tools to get money, besides bitcoin I have to find another place to get money unless you have a job that you can be sure to get money every month. You can divide your capital to invest in bitcoin and network marketing or can divide 70% for bitcoin and 30% for network marketing, I think that's a good idea.
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So what will you do? sell bitcoin today and then come back when the price is around $3000? this is up to you, but keep in mind don't push a desire that has not really happened especially when you have suffered a loss. If you experience a loss today then deciding to sell is the wrong way you better be patient until this crash ends. Indeed, within a year, the price of bitcoin continues to decline but we never know what will happen afterwards.
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i purchased btc in december 2013, guess how i felt during the next 2 years
Bitcoin prices in December 2013 was in the price range of $100, if you never sell it I mean you hold it up to now, then you still get a big profit. Every newbie that feel sorry for having suffered a loss so he should come and invest in Bitcoin in 2013.
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First I did gambling to get money, but as time went by I did not find satisfaction when getting money and then used as a tool to gamble again. Finally, I thought gambling could not be used as a place to get money passively, sometimes I could get a lot of money but too much I had to spend a lot of money because I was hooked to continue making bets. Because it was considered unnatural, I had paused to gamble and lead a normal life. But the habits that have occurred some time ago I cannot forget, I finally gambled again on the grounds that I wanted to satisfy my passions to make me happy.
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There are a lot of ICO with promising products. In fact, many projects launch ICO because they want to reach the next level and make a company more successful.
Do you use or plan using these products?
Yes I do, particularly if I am invested in it. I usually choose ICOs where token has some use case within the platform, and for that I care about the product. This will always be a contradiction, at the moment we need support for the ICO project which will make cryptocurrency continue to grow and be used by everyone. But in the othet side, every ICO especially this year shows a big failure when there are many projects that are scam, or detrimental to each project promoter, this is what we regret.
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The main factor that makes the price of bitcoin continues to decline is the number of users who sell their bitcoin, but at this time there is no important factor or cause for every user selling their bitcoin. This is only a market condition that is caused by a bearish market, a price decline that will continually make other users do the same.
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