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The president said blockchain and people are interpret the president's intention to bitcoin.
even though blockchain is not only bitcoin and blockchain is a system not a currency, the crypto media make it big and make people buy bitcoin that made the price pumped.
But this is a great news for crypto world and also for blockchain developers. Hope the crypto world will be brighter in the future
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When it comes to money people like trying out things the way they see fit, try first learn later is the rules of newbies and thats why they always get scammed easily, HYIP, Pyramid Scheme, as dangerous and alarming these two are people still join them till date, both crypto and internet is not the evil here, people are to be blame for what happened to them
Some people are greedy and wanting a big and quick profits, if they think rationally no investment that will give an exactly ROI in really short time. But because of HYIP, many people spread out the project and everyone joined and when many people joined the project ended scam. People are blaming each other and blaming the project also, no one held responsible after all. So, be wise in investing especially in cryptocurrency because no one will held responsibility when our investment is gone |
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I still optimistic when i see the BTC price chart. Because it looks stable on 9,4k resistance and it's preparing to the next pump.
I'm sure it will break 10k resistance on the next pump before the correction. So, i'm holding some BTC right now because i'm affraid that i didn't ride the boat when it pumps
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At the moment I also feel that altcoin is very difficult to grow up slowly though, it seems that for this year altcoin has not been able to rise like last year where many traders and investors made profits from altcoin. So that with this incident altcoin traders are very quiet, sometimes taking even a little profit from altcoin becomes so difficult
\you are certainly wrong because in 2018 we almost have no good growth compared to what we have this april until august of 2019,and also altcoins now are more stable than 2018.though many alts are not even growing high yet they don't fall big as well.and if i am to choose?i prefer adding altcoins now than bitcoin specially ripple ,ethereum and litecoins Yes i think 2018 is the worst year for crypto trading in last 3 years. This year i really comfort doing daytrading with alts because the price is quite agile and often make little profits. also in terms of marketcap , this year has bigger volume than last year because last year is the year where most of crypto investors running away from crypto due to many scams. I think this is a recovery year and market looks positive for next year. |
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I think it's impossible to make own trading automation or trading bots if we're a beginner, and also beginner trader is not recommended to use any trading bots becase they have to know what they're investing and know the basic of the trading itself.
Using the bots made by someone can be tricky also and we're not always get profits from it.
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
You can do both, long term trade is for your investment and also daytrading to practice your trading skills and technical analysis. Furthermore the technical analysis is usually works on daytrading, but for long term trade fundamental analysis work more. So, as a beginner is recommended to use 50% or less to practice a daytrading |
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Many people invest on something that they didn't know because they be given by people a lot of profits in a short time.
Sometimes maybe really got the profits, but they always greedy to invest more and hoping for multiple profits.
But in the end their assets is gone. So for everyone we really need to find out the bussiness process about what we will invest and becoming a not greedy person to reach success
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well, ICO is not completely dead, because what we know is that there are a lot of scammers who are in ICO from 2017-2018 to 2019, but there is an important point when we want to follow the ICO to see the project how the project works for the future and a good team and moreover again with the regulations that's what ICO needs for now
ICO's pamour is surpass by IEO lately this year, and also because of many scams from ICO making ICO project is not interesting for most investors anymore. But yeah i'm aggree with you there are still few ICO project with a great idea and great management but not supported by the investors. |
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If you're looking for wallet that can store BTC with mobile phone i recommend a samourai wallet.
It has a easy to use user interface and also not heavy for a low specs mobile phone. And it could running on very low connection or even offline because it saved locally and automatic continue when we have a good connection.
In terms of security i think it's quite good and it's open source software.
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You should make a team, Find a friends or partner that you can trust from another country, and make a contract with them that you're not become the CEO but the result of the crowdfunding and the selling profits, you will get the biggest part. So you will just their name as a team project but with your idea
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Speculation thread like this shouldn't be something that we use as a benchmark for our investment. I mean will agree with you, usually if people said bitcoin dump, i will more aware or maybe set an alarm in case people's speculation really happen. And if people say that will pump, maybe i set a target where i want to sell my coin.
I'm more like to set a trade for the current bitcoin price and set a stop loss for 100$ below. Trying my luck in bitcoin because there are already many experts said bitcoin has break it's resistance and on the way to 10k |
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I know ETH would be on the list of the potential alt-coin that would increase in the next bull run,
However I don't think that it would be that high maybe around $500-800 would do but I don't really think that it would go all the way up to $1,000.
Even 50% price increase from the current price is quite hard for ETH. Bitcoin's price is still struggling to reach 10k, maybe after bitcoin break the 10k resistance other top altcoins like ETH will follow the bull run |
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but if we have a situations where the governments declare Bitcoin legal then the miracle you said will happen.
Legal in what way? And how are you so sure that it will help get the price to increase? It doesn't work like that.... good news during a bear market has next to no effect. Bad news during a bull market has no effect either. People need to stop hoping for miracles to happen and get better at understanding how this market actually works on a technical level, and from there focus on the charts, because there is a lot of valuable information to find there. If big country like china make bitcoin legal and they adopt it and make many payments in china could be pay with bitcoin, i'm sure it will be a really big news for crypto people and the price must be pumped hard. I'm not agree with you that news on crypto not affect much, i think news in crypto is very influental even it overcome the technical analysis. |
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I don't know where such conclusions come from.
The price goes down a bit and everybody talking about 3500$, then the price goes up a bit a suddenly we have predictions of 22000$ or more.
None of this is realistic and it's hard to tell where the Bitcoin price next moment will be.
Just the very next day price might go under 8000$ again and to achieve 22000$ or more at this moment sound a bit exaggerated.
These kind of prediction exist since 2017 when bitcoin reach all time high and people predict for next year bitcoin's price will hit 50K at the end of 2018. I hate the prediction without analysis, but in term of the spirit of the people i would like it because it can attract new investors to buy bitcoin because of those people prediction |
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In my opinion, many crypto experts and investors in the crypto world do not need a crypto bank to secure their assets, because they prefer to keep on their respective wallets, let alone storage in wallets is very secure and more Easy to access. If there is a crypto bank and many investors keep their assets there it will be very difficult to process a fast transaction.
Hardware wallets is quite enough for securing crypto assets. after all the "anonymous" wallet is more secure than we have to register our identity to the banks. Maybe our identity will leak out and many bad guys will targeting us and it might be more dangerous. |
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Your list of coins is not totally bad but if i were you i will concentrate more on well establish coins like BTC and ETH maybe Litecoin also instead of having some coin which may like fail you. All the best.
Holding 50% of the assets to altcoins is recommended based on crypto experts portofolio but it's not recommended to hold altcoins for a long time, taking little profits from them is good and move to other alts, because alts have different time to rise |
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it is true that bitcoin can have an effect on the price conditions of all existing cryptocurrency and circulate at the exchange place but if the price of bitcoin can again become very expensive then altcoin can also be very expensive and make price increases, so to be able to make altcoin rise then the price of bitcoin must be able to recover soon.
Actually the price of alts increased in USD because of the btc pair. some of them actually are not increase in BTC pair but it looks like increase in USD pair. But it's true that Altcoin won't up if bitcoin is still struggling in price. |
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Lol why so bitter?havent you check the market graphs?try to go around and you will find some good alts that is going with the growth of bitcoin so don’t generalized the none growing altcoins
And besides even BTc is slowly growing and mostly falling so what’s the difference between others?lol when bull comes you will eat that words of your
Yeah many altcoins grow this year, maybe most of them growing is not in terms of price, but from side of the functionality and usability. I'm sure the price will follow soon. Yes i think every alts is depends on what condition of btc is. And it's start recovering now |
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With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?
Good altcoins around doesn't affect bitcoin price i think. I would say it's hard to reach 50k but it's not imposibble, but we have to attract so much investors to buy and hold bitcoins to reach that price. I think good news from china yesterday can make investors from china back to crypto again just like 2017 and make a new all time high. |
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Dramatic, amazing and unbelievable are some nice words that described the latest rise in the price of Bitcoin and especially so when it was hovering for days at mo than $7000 and people were wondering if Bitcoin will be going down further to $6000 or will it break through the boring situation.
Then all of a sudden it made some burst even reaching more than $10,000 and people scrambled to find what can be the reasons behind the amazing surge. While there are those who linked the statement of China's president on the blockchain, there are also who are looking at the possibility that this movement is actually just manipulated.
Right now, Bitcoin is back at $9100 per CMC and seems to me like is taking some rest for a probable another big dip. Do you believe that this is just a manipulation and because of that it could not hold on to the $9000 price?
I don't think so, because the fundamental effects from the good news to the price is often happened. Currently bitcoin has breaked it's resistance and stand still on $9500 which is new support. A little drop after it reached 10K USD is a usual thing happened in crypto because people are selling after they get a decent profits. But i think the price is currently stable and just wait for another bull run |
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