Not all alts are useless, but Wall street, normal people, merchant integrations etc, only care about BTC, not any of the various centralized pre-mined, founder-fees schemes.
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About forecasts, anyone who knows won't tell you, anyone who don't know will give you lots of advice.
Just put in a stop loss so when things turn negative you are covered and a trailing stoploss to take profit in case price does a reversal. This is my advice to you ( I do not know so I am giving advice :p)
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"Nobody knows if a stock is gonna go up, down, sideways or in f**king circles" Replace the word stock with bitcoin and it all makes a perfect sense.
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The pump will not end anytime soon, as next year will be the Btc halving, and Btc will improve the prife for other good coins, too.
However, corrections during bull markets are just nornal, as people need to take some profits, too.
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Best crypto exchange remains Binance, even after the recebt hack.
It proved that it can survive when facing difficult situations and it has a huge liquidity.
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A very important thing that is that, as the world's main financial markets are falling - Bitcoin is showing an inverse relationship as it is going up.
This situation will continue to unfold far into next year - but, more important, the effects of the tariffs will have an effect that will be felt (worldwide) several years into the future.
In short, the price of Bitcoin is going to reach new all time highs.
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I’m still holding BTC, LTC and ETH and will be doing this until indicators change, which means I will be in these three assets at least for the rest of the year.
I’m 99% confident about this trade.
Since 2013 I have been invested in Bitcoin, and it has genuinely changed not only my own life – but, the life of my ‘ENTIRE’ family.
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Btc reached 8000$ last week, than decreased to 7k, not it's back to 8k.
It seems that 8k is a very important resistance. If this will hold for at least one week, then we have good chances to see Btc up to 10k in the near future.
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BTC is more stable than most of alts. Usually when BTC decrease in price you will see alts following the downtrend.
To invest in a coin, always check the last achievements as milestones, future plans, social media activity etc, and never invest more than you can afford to lose.
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Due to market' volatility, it's impossible to avoid the mistakes in crypto.
However, some rules work, no matter what. BTC leads, alts follow. If you want relative stability, then BTC is the best bet, but whenever BTC takes a breather then the alts rise, which we saw last week.
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Follow the patterns and then buy alt coins when they are low, and when BTC is high or vice versa.
And very important: do not invest more than you can afford to lose.
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After the bull rally from last days, the sudden crash was normal and expected.
We are currently during a market trend change, from bearish to bullish. However, bullish does not mean that we'll see only green candles all over, price will mainly grow, but we'll face corrections, too.
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Can't tell you what to do, especially in a high risk investment like crypto.
But I am filling the bags with BAT. It think it has the potential to reach top 10 in the months ahead.
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Day trading is an art form. There is no magic formula. If there was, everyone would be rich.
Start at trading view dot com, load a chart, and look at all the tools. For every single tool you see such as Elliot Waves, Fibonacci Levels, Head and Shoulders, you should google or youtube all of them. Also, for every indicator you see on the chart, you need to youtube those as well. There are 1000's. You also need to learn to read bar charts. You should also learn what fundamental analysis is.
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I'm all in with BAT token. BAT is great. New users usually get a BAT donation of around 20-30 BAT into their wallets to try it out. You cannot withdraw this BAT, you must use it to tip publishers.
Don't forget to increase the frequency of the ads, if you can handle it. I believe it goes up to 5 per hour. They are simple desktop push notifications, so not too intrusive.
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You can have a look to Mycro Jobs platform. They have a real product behind and added value for our daily lifes. It's not an ordinary pump and dump coin as most of altcoins become nowadays. If you're interested, you can find more information in my signature.
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Binance got hacked and 7,000 BTC were stolen.
Binance temporarily closes withdrawals and deposits and announces they will buy back their 7,000 BTC (worth $42m at time of hack) using an emergency fund they have set up. Essentially pumping a new $42m into the game.
And then BTC pumps to the sky.
Coincidence?
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Right now is probably the best moment to invest if you haven't done it before. After that check carefully every 30 minutes how it goes. I wouldn't hodl too long on this one. Get your 25% when its on 10k and then move on.
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Nobody knows. There were people saying BTC will never ever reach $5k again. There were people saying it will go down to $100.
Now the price is rising. How much and how long? Nobody knows. Maybe it could go up to 10k until Wednesday. Maybe it will decrease back to 5k in a few hours.
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On short term it is possible to see some retraction after the bull race we saw the last days.
However on middle-long term the price will continue to raise as bear market seems to arrive at the end.
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