Yesterday the price of Bitcoin was $9700 and today the price is $8500. Yesterday the price of Ethereum is $200 and today the price is $170. So which coin is prefer to buy?
Well there is no doubt that both ethereum and bitcoin are really worth it to buy but right now i dont have a huge amount of money that's why i will prefer to buy ethereum and hold it until bull run comes again and i am hoping that before this year will end i can see ethereum hitting $300. Well, I think a coin that was the reason behind the birth of other coins and that is the whole reason why digital market gets out of downfalls should not be doubted just because some team is not working. If bitcoin disappears today, no one will support ethereum or any other digital currency. Bitcoin has the largest community of supporters and it is already being used at few places for daily financial matters. |
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No way, 22 k isn't next goal. I think we are on a road to 6 k. Even in bullish scenario I predict 17 k maximum in next half a year.
So I think your prediction is wrong. Let's see after a period of time
come on, try to be more excited. Don't you seeing some of the charts in this thread make you excited too? some articles that I read reveal that the next bull market will show the full potential of the price of bitcoin, I can only hope that the price is quite high. some analysis articles also say that it is possible that in the near future bitcoin prices may recover and approach the price of $ 9,000. yeah, that's a pretty good development for this month. little by little, but certainly better than a sudden pump. it's probably the beginning to go to the price of $ 22k and be stable at that price. With experience of few years now, I am now able to understand one thing for sure and that is no one really understands the true power of bitcoin. Only those who put there trust in it were able to make good money from it. Like you, I also never ever keep my expectations limited. Bitcoin can return huge but when is the big thing to figure out. MY suggestion is to hold it for as long as you can. Doubting bitcoin power would be a mistake and it is just the beginning of bitcoin era. We are still at the start of that time when this world will deal all financial matters in crypto currencies and this is not impossible. Just imagine how precious and expensive bitcoin would be at that time. Bitcoin is not here to defeat any commodity. It is a digital currency build to simply bring revolution in money world. It is already above all assets. |
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Last month, i'm thinking on learning how margin trading works but it will be hard since you need to always check the market every minute since the cryptocurrency is very volatile and unpredictable but i know you can set a stop-loss incase the price goes down.
I know that margin trading is very profitable as long as you know what you're doing and keeping up with the markets flow.
That is true. It takes a lot of work and as the saying goes, big things require big efforts. The more you will put in to a work, the more you are going to get out of it. However, I think for a beginner, it is best to learn more than trading and make himself aware with the behavior of his coin. Once he achieves this milestone, margin trading will not remain a difficult task. The most significant skill after knowledge is patience. That cannot be ignored either. |
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Yes, if bitcoin will become part of the issue it will make a bad image for bitcoin. It will only provoke china to ban bitcoin on its country, if bitcoin will be introduce to china in a good manner and it will be legalize to that country, it wi be a benefit for all of us, more and more people will gonna notice bitcoin. I hope bitcoin will be go mainstream in a good image.
LOL, where is this based on? No, it will not make a bad image to Bitcoin at all. And even if they band Bitcoin in China(?), Chinese who have/invested-in Bitcoin will just go to another country and access it there. If I'm not wrong China already did ban cryptocurrency. No, it will not benefit us just because something like this happened. It's already mainstream, FYI. So best option would be cryptocurrencies. But problem here is that this could lead to a bad image of bitcoin among the General Public as it could be regarded as a money laundering asset which governments might not really like.
I think this would only be good for people who already have Bitcoin. And for those who don't, they will likely choose the traditional method such as investing in gold, silver. Actually there are already cases that the public considers Bitcoin as money laundering. Because of Anonymity, politicians tend to transfer "illegal" money to their accounts. And since blockchain is untraceable investigators can't find evidence of it, but only theories. Makes pretty much sense to me. The whole reason being bitcoin getting banned or restricted from a country is just that the governments are afraid of losing control over masses economy and this is true. Bitcoin comes under no one’s control. If someone wants to enjoy total freedom over his money, he should start dealing in bitcoin. Moreover, not China nor Hong Kong or any other country can hurt bitcoin. |
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Bitcoin was not made to spend. Not for now. There is a misinterpretation of what Satoshi wrote in the Whitepaper: "A peer-to-peer eletronic cash system". He created bitcoin to be an electronic money system. This is a fact.
Before becoming a monetary system, Bitcoin must be able to preserve value over time. After that, he becomes able to earn society's trust and become a genuine cash.
People accept dollars because they believe that money is still backed by gold (as it was until the end of Bretton Woods), or because (unfortunately) they believe the government will guarantee the value of the currency.
That is, people believe in Dollar because they are sure that money will be at the same value tomorrow. Although this is not true.
99% of the world's population still does not understand, do not know and do not trust Bitcoin. And everything is fine. Bitcoin adoption is a lengthy process that may take decades or centuries to happen.
Bitcoin has never been about just being a simple means of payment. It is not like VISA or Mastercard. He is a legitimate Digital Asset and as such needs to earn trust until it is adopted as money.
Do not spend your Bitcoins. Not now.
It was a nice statement actually and I do agree. Bitcoin was not made to be spent not as soon as it gets its key role on the global monetary system. It is also not the same as dollars though, even though dollars price is also volatile, the decrease and increase is really small unlike in bitcoin, its volatility can be massive. So better think about it first if you are going to spend your bitcoin now, imagine what you could have in the future if you will hold it first. I am not against spending bitcoins but spending them and then not buying more is harmful with respect to profits. We all know that bitcoin will be gaining value in coming days and to be very honest, it will be somewhere around 30k within next half decade or even less. So the best is to get as much of this asset as possible and hold it for as long as you can. Nothing can make you rich this quickly. |
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Investor faced big risk for big result and common man only focus with small profit about his investment, you need to know which one better investing for your self become investor or become common man with many chance to get profit, you be investor have ready your self for faced with big risk.
Only those who pay attention towards investing in bitcoin and some promising altcoins get good profits out of it. Even in investors, we have different types, mainly long term and short term investors. Then it is also essential to keep oneself patient during dips and have courage to invest in downfalls, which mostly people don’t. A common man would not pay this much attention into digital currencies. |
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If you're already going to use Bitcoin, why bother going to a physical casino? Anonymous (somehow), at the comfort of your own home and you don't have to suffer through a haze of cigarette smoke.
I do understand that some might miss the sensory experience of the venue, the placing of chips on the table, the sound of cards shuffling etc... But I think it can get complicated with regulations if they are to allow purchases of chips using bitcoins.
If I want to go to a physical casino, I might just as well use cash. No trail leading to my wallet.
Google also giving me the results of crypto casino sites not the physical casinos so I guess more people with crypto bets going online alone rather than the physical place but having option to play with bitcoin in physical places also will be more fun and we can find these places in malta I guess. If people prefer to playing gambling by secret, they will choose crypto casino sites because they don't have to go to a physical casino. They can play gambling at their house, and they don't need to tell anyone or their member family. They will stay in their rooms while they can do anything they want. But with the internet connection everywhere, I think people will try to play online gambling if they feel it can give them a fun thing. Besides that, it will depend on how their government allowing gambling or not. But perhaps, we can try to play bitcoin in the real casino if, in our country, that casino is available for people to play and bet using bitcoin. But should not one stay away from gambling at the first place and if that is not possible, then playing such a risky rather destructive game with crypto currencies like bitcoin or promising altcoins does not make a whole lot sense. Gambling can be fun but honestly only when you win some money. I am afraid that business owners are not this stupid that they keep on giving money to a big percent of customers regularly. |
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I don't like using Bitcoin in gambling platforms, but other altcoins are great for me
and better than regular fiat money. Ethereum is one I use most of the times.
I also saw some tokens used for this but they loose value fast.
I use doge coin in many gambling games which i play. Even i can gamble with 1 Doge and it is real cheap. Even if i lose few of my doge they will not be a big amount when converted to bitcoins or fiat. I know few coins were made to be used only on gambling but none of the projects went well as people refused to adapt those coins / tokens. That is a relief to hear that you care about not losing too much of your asset and you do not intent to get some bitcoin and waste them in gambling. A risky game like gambling should be played now and then and that too with a very little amount of asset. No matter how fun gambling could be, losing money is never something that a person can celebrate. Crypto currencies have better purpose to serve. |
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Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.
1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.
2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.
i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.
When to trade is when the indeed the market heals from sudden drop. That is best time to buy or invest when the prices are still lower and wait until the prices start to rise up again. Waiting for the pump can be a long time or short, we have no guarantees. Slow trading is also a good start to practice your skills and you will learn from the experience. It entirely depends on the type of trader someone is. Individual skills also count but talking generally, the best time to trade is every time. When a person is dealing in digital currencies that are volatile and very beneficial, he must try to make as much money as he can by learning and working on daily basis. It is easy to say buying low and selling high but this is not a kid’s play to make right decision at right time. |
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Over the years cryptocurrency has evolved into a global currency but governments are trying to sweep it's relevancy under the carpet. We all know that the eyes of the community are now opened to the importance and blockchain technology.
What baffles me is why are the government making lives difficult by banning or limiting it's use? Is it because it threatens the political power or are they scared it will improve the global economy or force the traditional banks to reduce their ridiculous interests rate which we have been robbed of for decades now.
What is your take on this and what do you think will make governmental bodies to finally accept crypto?
I think some countries like Japan accept bitcoin? from what I know about financial freedom in the sense of technology, it takes a lot of courage for the government to accept it, there are still many weaknesses in digital currency, especially in anonymity and fluctuation, the government must consider whether there are many benefits to be gained. As far as I know bitcoin is still foreign to some circles, especially in terms of payment, digital currency has not penetrated in many circles. What I think, the reason behind crypto currencies not being accepted by governments or facing good resistance is not that digital currencies are not being used in daily financial routines but the fear to lose power and control over public money. When we say bitcoin and altcoins are freedom then it literally is. No one can take it away from you, not even a single person can discover the total amount of your asset. |
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Watching how to treat this fall !? Indeed, for long-term foreign investors it’s just a small step to the bottom, because a really strong drop was from 1400 to 80  That is the difference between the experienced and the inexperienced one. People who have seen ethereum rising and gaining strength from that fall will never ever doubt its ability to increase its worth. Only those coins that have passed such exams are ruling the market and no other coin has been able to take their place even after many years. Downfalls are just to make coins better in many ways. |
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Probably he is lying to all of us. He is Turkish community member and as you can see quoted post below, he claimed that he has no house, no car and even no job. But suddenly sold his house Don't take him so serious. Gerçekten doğru, bir deli kuyuya taş atar, kırk akıllı çıkartmaya çalışır! Eğer bu vatandaş yaklaşık 1.5 yılda (hem de ayı sezonu) kriptolar konusunda kemale erip "yürü ya kulum" takımına katılmadıysa durum şöyle:  https://i.postimg.cc/639QBnFP/hjf.jpgyahh .... it turns out it's just an OP scenario  but whatever the OP says, I recommend securing your money or investment with bitcoin and not altcoin. I think only bitcoin has high hopes for investment right now, on the other hand bitcoin prices are currently around $ 8,3k, so don't miss this opportunity to buy it. My sincere suggestion would be no different from yours. Bitcoin is the most promising coin in terms of financial benefits. People who invested in it at early stages or during downfall were able to bring a noticeable change in their financial status. We have examples with us that became millionaire with the help of this coin. As we all know that bitcoin is going through its dip at the moment, so now is the chance to get world’s most expensive asset. |
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Bear market = make money by shorting bitcoin
bull market = make money by longing bitcoin
It is as simple as that! Remember that we complicate trading because we think we need to know more about the market in order to make more. But that's not true. Technical analysis is giving you an edge over the market, risk management limits your losses and emotional control makes you stick to your edge and risk management principles.
It is simple but people fail to make the right decision at right time. This is the trick here., You cannot really judge or predict the behavior or future change of the market without having some sound knowledge and experience. Knowing a rule is one thing, able to implement it in a way beneficial to oneself is a whole different story. Dealing with the most volatile currencies is a bit challenging. The more you know, the better it is. |
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The crypto ecosystem for ten years has grown into a bigger community where people in it truly understand and know how relevant it is for the existence of cryptocurrency. The only possible way cryptocurrency will be worth zero is when blockchain technology is no longer in use. Blockchain technology is the main supporting foundation of cryptocurrency. If you break the foundation, the entire crypto space will collapse alongside...
And to be real, this is never ever going to happen that blockchain disappears forever so it won’t be wrong to say that digital currencies are going to stay with human race forever. NO power can really wipe them out from the face of earth. There were times during this short period of digital assets’ life when majority of the community believed that these wont exist anymore. Let us accept that digital currencies are the future of money. |
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You draw a very good suggestion for everyone. In this forum, a lot of people follow others opinion and some people always ask when to buy, when to sell in trade! This is normal for newbie because they always feel confusion! I always suggest people my point of view and later I suggest them to research yourself to know better! Because without a self strategy, you will not succeed in the crypto space. You may listen to the expert's opinion, but don't rely on them!
The rate of scammers have increased with the increased usage of technology and people prefer to snatch money from others instead of hard earning it. Therefore, one must take all his steps with care. If someone is looking to make good amounts of money, he should simply invest in a good coin like bitcoin during the downfall and then hold it till a rise arrives. During that, he must sell out some of his owning. |
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There are more reasons to buy bitcoin and how it will help people more. It is decentralized, Peer to peer, Price will go up by next year, and trusted cryptocurrency as of today even thou can control it.
That's why we need to accumulate more satoshi since the value of it could go up.
The most important thing is bitcoin can return good amounts, fairly big ones. IT all depends on the holder how he plays with his holdings. The longer someone keeps it, the more expensive it gets. Financial benefits has been the main reason why bitcoin got the biggest support from community. This was also the reason why people trusted other coins. People serious about their future must buy this digital asset. |
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My strategy of choice is Long term trading: Long term investing usually almost eliminates all the emotions involved in trading. Long term investing is a trading that just about anyone can be able to take part in. With long term investing I am able to correct some or all of my mistakes which is another great feature. Being a long trader, I usually pay way less taxes than I used to when I was an active trader. There are also low fees on brokers and trading fees as well as less risks since I don’t have to make rapid decisions.
For getting most out of one’s investment, my opinion is nothing different from yours. A person should always try to hold his assets as long as he can, especially when it is confirmed that they ripe with each passing day. Long term trading is the way to go. But as you know, this is not very easy. A person needs to be patient and also wise in his decisions. Making money has remained a challenging task since the times unknown certainly. |
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Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?
Tell me, how many services accepted cryptocurrency for payment at least 5 years ago? Very little. What time is it now? Not all but many, and the trend is inexorably moving towards the fact that everyone will accept cryptocurrency in the future. Large giants are now creating their own digital currencies, you are entering the era of digital money, which means that mass adaptation is already hanging in the air and knocking on our windows. I am also of the opinion that with the passage of time, crypto currencies will become the trend. Big changes require big time to get accepted. Those people who do not resist such revolutions also get benefit from their timely decision. NO one can deny the fact that these coins have got acceptance and now they are more recognizable compare o years ago. The future of money belongs to crypto currencies. |
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Between the two, only bitcoin although there are other alts I like and regularly buy.
To be honest, I never liked ethereum much. It's just too slow (as that kitty game showcased sometime back) and imo it's too complicated for everyday users to ever become mass adopted.
It is better to be slow and steady than all those other altcoins that have very high rate of volatility and cannot be reliable for receiving payment, what will you do to receive a coin that is equivalent to $1000 today and then you wake up tomorrow to see that it had turned to $50, or Ethereum that you could receive the $1000 and in the next few days, you could either still meet you money there exactly or meet it with little increase, and even if it will drop, you meet it with a little drop. We cannot continue to be using all the altcoins for digital asset alone, one of them must be very useful for the payment of goods and services and that is how we can achieve the purpose for which the cryptocurrency was created rather than just holding it for digital asset alone. The ratio is pretty fine, being honest. Bitcoin is the real game. For making huge profits in pretty small time and owning an asset that exists in small quantity, bitcoin is the go. As far as Ethereum goes, it is the next trustworthy digital asset in terms of survival and financial benefits. Though it does not produce as gigantic profits as bitcoin but its slow progress keeps new traders away from making wrong decisions. |
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Bitcoin is the king and this will likely remain this way for sometime because none of the Altcoins is solving the scaling problem in a Decentralize way, Ethereum also will remain in the second position for some time and I will give Tezos chance of claiming the number 3 position, we have not seen the full potential of the project because of the legal issue in court the recent EOS fine makes me to believe their chances of winning the case has increased significantly
Bitcoin has laid the foundation of crypto currencies’ world. It is the root. Altcoins highly depend on bitcoin for changes in their value. Suppose bitcoin vanishes from the digital market today(which is impossible) survival of other digital coins will become impossible. Even haters know that bitcoin is the most capable coin and essential for making profits out of any altcoin. Coming towards Ethereum, it is the most promising altcoin so far. |
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