~snip~
however, I want to see the price of bitcoin again touching $ 12k before halving arrives. it really is a signal that there will be a new ATH this year, or 2021. And now Bitcoin is heading below $8,000 level. I dont have definite idea what causes the gradual down fall of the price, pretty sure it has to do with the continues spread of the corona virus all over the world. This is something everyone wasn't expecting while closely approaching the block halving. Well, some of the investors considered it as an opportunity to accumulate more Bitcoin, since there are still high hopes for the price to skyrocket. same here . i cannot think of other reason of the current drop of the price of bitcoin . convid-19 is still on the main headline until today , on social media such as facebook convid is also the topic that is trending . there are also good news like countries legalizing bitcoin but are a few only and not enough to counter the negative impact cause by convid and besides legalization for other countries were only done lately . itll still need some time to see a major results . that can still bring us some hope . |
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Before you proceed in business,you need to learn the step by step process in trading procedure which is the fund should be good for a long term savings for fully trade support.because as a entrepreneurship you should have to tax a blood and perspiration, that's if you' re really want to grow with your target of making profit perfectly,upon this opportunity you should not be discouraged when your crypto trading is low which is probably proven as normal condition,never leave crypto trading until the last stage.
roight mate . you understand the movement of the coin and its risk , downtrend isnt enought for you to leave then . you must keep going until you finish your entire balance . if you keep doing the same mistake , that is the time that you must change strategy or else quit and find other profitable business if this does not work still . others leave because of the market condition but its not right ot leave this way , we should better leave because we have other reasons , let say if we are busy now something or others . |
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Cryptocurrency market is free and unregulated. The aim of every single crypto project is to get a maximal profit. Developers and groups of devs rival each other.
there are regulated and there are not , also not all crypto are aim to profit only but mostly those are ico/ieo/sto and simillar to this only which goal is to gain much profit . some groups and devs can also work from one coin to the other but we cant see it and we only think that those coins are rival . Working together for a commonweal is possible in anarchic-communistic society only. Crypto industry isn't a commune.
thats a deep explanation you have here . cant understand the other words aside from working together . working together is i think not possible because if you look at other local currencies , they are not also working together . |
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I read that in India, the Supreme court allowed the use of cryptocurrency. I have never seen such a thing before that the ban on using cryptocurrency in the country was challenged in court. I think this decision is important not only for India, but also for the whole world.
yeah that looks so serious and cool at the same time . by that , we can see how important cryptocurrency is . its important because its also a money anyway . cant we see that when there are frauds cases related to money , it was also being disscused on the court by higher authorities . so im thinking the same way was happening on crypto or in bitcoin in terms of legality . if this was great news happening on india then other countries should followed it too so that many people can get the benefits . |
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investing in what ? cryptos just because we are on the crypto forum or other assets are included on here ?
investing in crypto is unstable but more profitable , you can cash out your earning and save those earning but on other stable assets they can work out mostly long term . between the two , you can retire as early as posible if you grab cryptos but if you grab the much stable assets then you need to work to support your needs and also to save up as well .
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One thing is sure that there is no endgame for Bitcoin. And if there is, then we are The Avengers. Everyone thinks the Governments are inevitable, like Thanos but we have The Hulk..  Bitcoin's increasing usage and adoption through regulation has already led it to giving shape to a knowledge based economy in developed countries and amongst the more tech savvy users. I think this will continue as it is impossible to stop the idea of every person being his own bank. Bitcoin will surely survive and I think will definitely reach the future that we all want to happen on bitcoin. Witj many supporters of cryptocurrency, the traders, the investors, I don't really think that bitcoin will easily come to its end game. And bitcoin also, are slowly accepted in different countries that before it was banned. we are already in the future and bitcoin slowly achieved the things that we wanted to happen for it . if supporters are high , the number of bashers or haters also increase because btc is becoming famous but this is great because being famous means btc is active and the chance of btc going to an end is verry slim . i also agree on your last sentence , infact ive seen lots of topics like that lately on this forum . many countries are now joining the union . i can only think of goodies for now rather than thinking the negatives that could happen to btc . |
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so far i havent experienced this horible situation . i can still access my bitcoin wallet properly because i keep the private keys , seeds and other methods to access the wallet on a safe place ( on my laptop , usb flash drive , cell phone ) i also memorize my password and usernames because there are bitcoin wallet that i use that needs password and username .
to someone that lost access to thier wallet, we cant blame them because its normal that there are times you forgot or you missplaced your stuffs no matter how organized you are .
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top coins are not cheap too . they are called top because they are the best and thier value is also expensive .
bitcoinchash , etherium and litecoin to name a few but who says you will be buying a 1 whole coin ? this is the advantage of crypto compare to other investment assets out there because you have the ability to buy in half or by 1/4 , 1/3 and so on . if you can buy alts on smaller parts why not bitcoin too ? but when it comes to favoritism , my favorite alt would be eth .
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you said they are doing it for the purpose of helping redcross or corona vicitims .
they are profiting with it but the profit does not totally goes in thier pockets . however i heard that some of thier coin processing are strange , like they are bassing on the deaths of the people . i already forgot the other details that i read before but if they really want to help they can still help in a clean and non controversial way or unless they are also doing it for thier fame just get notice and being talked about .
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I see many people still optimist in crypto but others deny the optimist and make me think. We know crypto is alternative and we need to grow and find what next after it because crypto is not safe, law nature also says everything has beginning always has ending. Many country try release their own coin and connect with global issue also become indicator crypto can fall deeper than before. See 2020 as good moment to find alternative out side crypto and forex is the closer and realistic answer. Now my positive thinking about crypto start collapse, do I need leave now or stay with crypto until replacement?
From the beginning people have always said that cryptocurrency is a ponzi or scam scheme but what happens is the transaction value and market cap value continue to increase even once reaching $ 800 billion. I still believe that cryptocurrency is a digital asset and can be used as an alternative investment they will more believe that its a scam if they see that value of cryptos are way too much more than a regular curreny . this is why we need to educate those people so that they will stop arguing with us or else you can just leave them alone if thats what they think because right now there are still many crypto supporters out there and the number of them is still growing . this is why there is no need for us to leave on this scene especialy if you are benefiting good with it . |
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Waves hasn't been very good lately, it used to be a good project, but over time it's less interesting, I hope the developers will come up with something and improve their project.
how can you say not good ? its not also less interesting but many people still use it and invest on it , its just waves are not on the lime light yet but this does not mean that waves becomes so bad . take example other good coins too that are not really that trending . they are good but they are only silent which is okay because they are not boastful enough . and those who are shining are actually the one that goes off so fast and never coming back again . |
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we dont know if btc is created only by one people ? ( satoshi ) or created by many other more , if yes then its safe to call it an organization because its compose of many other people .
that defines organization based on my own knowlege but your prof is also correct too that bitcoin can also be refered to as an industry ( industry in finance ) since its related to currency/monetary . what i only dont like with your prof is that he got easily angry for that matter and he take thing seriously . that only shows that he isnt a profesional teacher .
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I think the best price of BTC in 2020 will happen later near the year end, and it will probably be around $20K.  So don't expect anything extraordinary yet (not for 2020, although 20K itself isn't that ordinary). I might think that the price of bitcoin can reach $ 20k when in May the bitcoin price is above $ 14,000. so far, the price is quite far, and even the price of bitcoin is trying to stabilize at $ 9000. however, I quite believe that the price of bitcoin can reach tens of thousands of dollars by the end of the year. Well, I predict no more than $ 20,000 I am sure bitcoin will reach $20k again in the future, but that will need time to happen because we are still at $9k, so it could be more than 2 months to increase until that price. I am not sure if the price will be above $14k in May if the situations still like this because since January until this day, the price does not break $11k, so I think it might difficult to see $14k. But it could be possible if there is a massive buy from the investor before the halving time so that it can make the price start to increase. I am curious to wait and see how higher bitcoin can reach in the next 5 months later. more than 2 months only ? damn well i cant agree with that sorry because when i look at last year , btc didnt merely move at 10k usd for almost a whole year . what i mean is that it will also take more than a year just to see a noticeable increased on the price but im not saying that after that 20k usd will appear , still no because when we look at on the biggest pump last two years ago , the highest price on btc is only at 18k to 19k usd and if im not mistaken , there is no 20k usd that happen before . |
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I think Bitcoin's target is going to go back to $10k and get fixed at that price, and then we need to think about going up to $12k, but eventually Bitcoin will go up to $12k and even higher.
We are rising again above the $9k level this is a good bounce back after a short correction and we should aim for $10k again this time. Let’s take small pump at a time and we will see at the end of the quarter the price of bitcoin is on a good position again. Buy while its cheap, we still have a good chance to reach a new peak this year. The current market is still stay in a green so current positive response will make good hype on before end of the quarter. Yesterday south Korea also accepting the crypto trading so it is really good news for crypto traders. This is right time to invest in Bitcoin because I am also expect it will reach 12k USD on before end of this month. But we must actively monitor the market, then only we will alert all the situation. korean what ? exchange or korean country ? because i know there are already some korean based exchange before and its odd if they will ban koarean traders but allow other countries or maybe not all exchange are doing that . thats not important anymore but what important now is that the restriction was remove . this can contribute on the price and we will be possibly seeing upward movements from now . your idea of investing now is okay and who knows ? the price of 12k usd can come just before the halving started . |
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FOMO
This was the common mistake of traders in crypto market and that was inevitable unless you can able to control your emotions in which I think seems impossible because no matter what we try we will not manage it fully well. If we have seen the markets growth especially Bitcoin admit that we the urge to sell always come knocking on our emotion that is why I think FOMO is just normal mistake but shouldn't be tolerated.
i think this is not consider a mistake because i think every fomo is correct . like for example people do fomo when btc price pump , and who wouldnt want to sell thier bitcoins for profit ? this is our primary plan here anyways . its useless and will not make sense if you will only hodl and hodl and you will miss the bull run . whats worst can happen to you is that you will only sell on bad times or when the market in down because you accidentally need the money or you are afraid because you think the market will go down more . |
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why not ? if you dig digger and make more research im sure you can learn free lancing and you can earn good money on it and whats good it is that you dont need a capital money but you only need your time , effor and hardwork as a form of capital . however on trading you need a capital to get started . the only advantage on trading once you have a capital is that you can start imdetiately on any exchange you like . lastly i think trading is also a form of freelancing ? because what i understand free lancing means you are doing a business on your own , independently
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Almost every person feels the same. Inflation can't be defeated. Take it easy.
not really . not all people have the same wealth . some are richer and they do have lots of money to buy things without minding those prices because they can all afford it anyway but for the poorer people we are the ones that are suffering to this issue but i dont think this cant be defeated , but there are practices that we can follow in order to be wise to live even in a right budget . and i dont think that inflation is a premanent thing but there should also be times that it will be lowered |
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i think the op is right and this is also related to corona issues. people were now scared and they think thier physical assets like gold will go down so they sell it now and theyve been transfering some of that money on cryptos .
add in the adoption that is now more bigger that before . right now there are even more people that recognized cryprocurrency because thier governments are now allowing it and on some countries the bans are now being lifted . one of it recently was india
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Coronavirus has no effect on the cryptocurrency market, this is not an event that has an effect on digital money. But this disaster had a huge economic effect on the country affected by this virus and it was natural because they stopped all major activities and events to prevent the virus from spreading. But, until now no cryptocurrency has been affected by this incident
When incidents like this and viruses continue to spread everywhere it is true that there is no effect on the cryptocurrus market, the proof is that the market is growing again. Corona indeed has a big impact on the government economy because it has to be responsible for all or affected by this so this has nothing to do with the cryptocurrency market. In the future too bitcoin can reach $ 10,000. Corona virus will not create great impact on cryptocurrency market but it can totally reduced the production of an economy just like what happened to China. But apparently, with or without corona virus, the crypto market will still continue to progress once bull run is near to happen. so what basically happens when production is reduced ? people will have less money and less money means they cant buy more crypto and worst they will sell thier crypto investment just to have a pocket money because of the hard times that they currently experiencing right now . if corona virus never happened well the price could have been so much healthy right now because look at it right now , even if there is a corona we can see the price is fighting to move upwards . struggle is really real to btc but other coins seem to be fine |
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a real trader/investor wil consider few things before they pick up a coin and that will include volume .
by checking upon this thread i see someone says that volume cant be trusted or sometimes not real . i agree with that , there are exchange , coins , coin info site like cmc that also post fake volumes . we should be careful on what we pick . im not an expert on coin picking and id say that i cannot fully recognized all of them if they are legit or not , this is why i only stick on the coins that have a good feedback .
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