Factors that influence the value of the bitcoin:
1) government bitcoin policies and laws
2) political situation
3) social trends
4) appearance of new competitors
5) artificial influence on the value by trading at the crypto market
6) news (not always true one)
and many more. Could be something new will appear in the future. Did I miss anything?
I think the biggest factor bitcoin price fluctuation is government regulation and negatives news. Bitcoin still unregulated and many investors just speculate on bitcoin, its make bitcoin like pump and dump. If government regulation issued, I am believe investor will invest for long term because its good investment Yes I am agree with you, people are buying some coin and getting high value, but some are selling and the demand is getting lower because of high selling in the market so it is the factor which will affect the value of bitcoin, sometime people use to spread some news related to the price of bitcoin like price dropping and buying bitcoin illegal so I think we should not listen to them that is all just FUD. |
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So how you made it just investing in good project ? daily trading or which way you could make 20$ to 1500 monthly would be great you talk about that too.
There is no steady earning in the crypto field but it is kore successful if we good at it.But still I suggest the people to have some other profession as their primary earnings and keep investing on crypto because we never know how long the market will survive. It is the beauty of the bitcoin that it gives us mutiny opportunities of earning we can invest we can use bounty and signature campaigns and investing trading way of getting profit, we can buy some coin for long term and hold with patience, so carry it as side earning using your regular job as well, we really know bitcoin is the best investment because it has more opportunities than anything else. So it can help you make a good financial life. |
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As i am into a long term hold of my cryptocurrencies (for a year or two) and one of those is bitcoin, i don't exactly really know what will be the price of bitcoin during that time. If only i can resist not to check bitcoin's market price almost everyday until the time when i like to sell it, them that will be much better because i might be tempted to sell it at higher price now but will be much higher in the future.
I have already sold all of my Bitcoins when the price of this cryptocurrency was at peak. Later, I invested in BTC again, and Now I am waiting for the profits. You are a master mind investor, because you know the time of investing and selling, you better know it is best time to buy some coin and it is best time to sell, if you have bought some bitcoin at cheap price then, hold your breath it is time to have some more patience and wait a little more soon the price of bitcoin will be normal infect it will be good so then you will get a chance to sell your bitcoin on high profit. |
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
For me my savings l used it to invest in a business so that l have a stable job for the future of my kids. I have to secure the future of my kids because l don't know what will happen in the future. I'm really thankful for bitcoin because in many things it helps me provide the needs of my family. Yes I agree with you and for me also I will use my saving for emergency porpuses it is 50% of it. Then, I will also spend it for my wants it is 10% of it and the 30% is that I will save it again and planning to buy a property. I think it will be good to spend all your money in crypto currency instead of starting any other business right now, we are here only for the sake of profit so invest your money in bitcoin and focus on your aim of being rich, your saving will get more than double if you will spend then in crypto currency, nothing is more beneficial than investing in crypto specially the bitcoin because it is most promising currency to invest your money. |
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As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.
actually being volatile is beneficial to us, those ups and downs are needed to generate profit, but being highly volatile can still be fine with us if we hodl for a longer period, since the price is rapidly changing, we should be careful, rushing and panic selling does not help, well planning ang lots of patience is needed, so invest only funds that does not require quick returns. and use money that was intended to sleep on your investments. Right bitcoin volatility is the most advantageous feature of bitcoin, it gives us chance to have better profit at the time of dip buying low and holding to sell high, so it is very normal I am not even surprise to see the currency fallen price, because even if the price is low you can still get profit by holding your coin for long term, so use the bitcoin volatility and anonymity as an advantage and earn profit from it. |
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Their reason may be their chance to buy it, because bitcoin prices are low and they buy as much as they can afford to invest.
Bitcoin can still be trusted because they believe bitcoin will definitely rise from adversity and believe in the coming months bitcoin will rise again
many people are still optimistic about the future of bitcoin. although it is still experiencing a very large decline, but many people consider this cheap price is a good opportunity to buy and sell it in some later. I am also one of them, because I know how beneficial bitcoin is even in this dip, I consider bitcoin as the best source of earning, as we are getting better future only because of bitcoin so we are lucky to have bitcoin now, it has all guts to change our life, we need to trust bitcoin even in the fallen situation b3cause only positive thinkers will know that bitcoin fallen price is a positive sign for those who have patience and are willing to buy some bitcoin at the cheap price. |
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Depending on yourself, bitcoin can give you the advantage if you have a good strategy and can be patient when the situation is difficult, but if you panic easily you will get a loss. Yeah bitcoin is full of advantages for those who have patience and who know how to deal with the situation, it is good to wait for the price of bitcoin to be normal, bitcoin has a lot of advantages for all kind of people, it is good to buy some bitcoin at the lower price and hold it to become high once again, don’t lose patience, being impatience will turn your profit making advantage into disadvantage of lose, so better keep on holding, even at the lower price. |
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Whenever the price goes down that's the right time to buy bitcoin. Now the price is low so this is the best time to buy bitcoin. We can expect great profit this year end. But hold that bitcoin with patience till the price reaches high. The price is gradually increasing and not too high but increasing. Same time it fluctuates this is common in the crypto world.
What you are saying is typically off context. If you are looking for cheaper coins with respect to quantity, what if it ends up blowing down as well, or do you think you are totally safe buying cheaper coins? Have you considered the way the market always reacts when bitcoin is in a huge correction or in a bull run? I guess not! It is important to always be very careful in your investment and not be blinded by quantity you derive from alts as most alts are there just for the short term gains anyway. It is the best time for bitcoin investment because the price is below $7000 and now it will increase again, although many people say that it will drop more but I think it is the lowest price of bitcoin and the previous pump was corrected. Now the price is according to the market cap and will increase gradually. There are no more pumps and dumps in the price. Yeah now is the best time to buy some bitcoin because price of bitcoin is not good and it will rise high as we know that the price of bitcoin never stop at any point infect it always keep on rising, now a day price of bitcoin is getting better so market is at improvement so we can buy a cheap price and it will be high soon, because of more speculation every year, buy now and hold can make you remarkably rich but try to have patience don’t be hurry to get rich after you buy right now as price is under correction soon it will be high. |
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Heard a rumor that facebook was thinking about launching their own crypto. What do you guys think about this?
Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?
If this is true this might b3 the reason why they are looking into reversing their ban into cryptocurrency, because if this is true these is because they have alterior motives for their personal interest..Nevertheless if this is true this will have a positive effect on the price of bitcoin i believe. I think it is not true because yet we do not have any solid prove about it, so there is no strong possibility to happen, I have am bitcoin user and I really have fait on it since I enter croton currency, I found facebook only as source of promotion of bitcoin but I think making new currency needs a lot of time and a lot of supporters while in market bitcoin is on demand and people are agree to invest only in bitcoin as crypto currency so according to me it is not possible till few year right now. |
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While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.
Yes never be greedy because it might bring you to a huge lose of your life. Be content on what you have as long as you are earning that's enough for me. During this period that its so difficult to recover and most bounties now are lose because of very low value of coins so l can't have payments because it's useless for having no value. True that it is good to have good patience and skills on what we are earning actually, being greedy does not world tour to make profit, it will only get you sell panic and will convert all your profit to the lost so it is good to have patience in any problem, but never think about selling at panic, we are living in digital age so don’t worry about the market situation and condition, it will be overcome soon just try both have patience and hold because greedy is surely curse. |
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It is to no doubt that bitcoin has had a decrease in price in recent times (which is being represented in the chart). It almost broke the 6k support range, which was immediately regained. With this, i believe the market is heading in its upward direction.
We had many ways to have our own decisions on how to handle our btc in terms of down fall time. It so happen that price may go down or up so we may see a down trend again and let's observe the market to expect what we expect to do. But this year I also believe their is good thing may happen for btc price can increase again. May it be based in technical analysis or common sense, it is a possibility that btc will go upward. As of when, we don't know. It may go even downhill for the coming days but it will surely regain its upward trend. Much possibility and expectation it would happen within this year. Yeah same as you I think we should have positive mind because no one knows what will happen to the price of bitcoin coming year, but as according to the market position and situation price of bitcoin will be high this year, more and more involvement in bitcoin is a positive sign for us, that soon we will see huge pump so gradually but constantly I think market is going forward to the higher price. |
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Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a category of traders does not accept these losses. Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses. In fact, the first and most essential thing to surpass the loss is " The acceptance of the truth" and then you have to " deal with it " in a good way. Trust me, if you learn from your mistakes, then you will earn what you want.
I learned something very useful and I want to share it with all. These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan) : Step 1 : What do I want to achieve? (Vision)
For example: I want to earn 2 BTC within a year. Step 2 : What is their importance to me? ( Value )For example: It is important to me because I am poor and I want to help my family in many things. Step 3: How will I achieve it? ( Methods )For example: I must have many strategies in each event ( crisis, pump ) .. .. Step 4 : What prevents me from achieving it? (Obstacles)For example: time, unexpected event, the fear , weak of self confidence... Step 5 : How do I know that I have achieved the success? (Measurement)For example: .. .. When I see 2 BTC in my wallet before one year.
Good luck to everyone .  You should identify first the reason why you lose ypur money, you can easily regain all of your losses if you know what you should improve. You can use your past mistakes for you to grow your investment. Do agree with you, we should learn more and more with our mistakes because those mistakes and hurdles came to make us strong and experienced, I know having lose sometime discourages people but at that time having patience can help you lose all your fear and get good hope for future, we should hold our bitcoin as much as possible even if the price is high, losing money is not a big deal if it is small amount because it will give you experience for coming future. |
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Btctalk name ; doomloop
Rank ; Hero Member
Current post count ; 1099
BTC address(No BCH) ; 12ujzcXjmKTiXBSpkhXXRq7sWKx5aiodn5
Wear appropriate signature ; yes
Wear avatar ; yes
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Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
I would suggest you only this thing: Always be very careful with your investments, sometimes it appears to be the best time for investment, but a few days later you would regret it. So always be careful. Yes it happens but I think no time is bad to buy bitcoin, according to me bitcoin has fluctuating nature, it never remain the same, if today the price of bitcoin is high and you bought mistakenly then don’t do another mistake of selling early, after buying just hold it and make yourself prepared for next dip so you will buy low price. |
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well, that's a risk I have to accept, so the only thing to do is be patient. it is a risk in trading. so, before you do, you have to know all the consequences, even about it. well, many people have lost the money they have in trading.
Gain and loss are parts of the market and this has occurred with so many people who initially started the business. What we need to do is to point out the reason of the loss and work on that area and never repeat the mistake. I know so many people who have incurred big losses in trading but they expand their study and knowledge about the technology and re enter to claim their part of the money. |
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Buy and hold? Cryptodabbler? Day-to-day trading? Big bets enough to play the market? Other? specify. Please provide a quick explanation of the choicie of your strategy. To participate in an on going research and get the final report, follow this link : https://mourad1bm.typeform.com/to/wvQQyZParticipants will be rewarded by free 200$ credits to test the beta version of our upcoming product. I keep buying bitcoins and altcoins while the price is still cheap. This time is one of the best time to make investment with cryptocurrency because the cryptocurrency market is still crashed. I am sure that it will recover very soon so what I need is to only hold my coins in a long time. That is a great strategy which enables you to own on low prices. I do the same and have been collecting a diverse portfolio and that too on low prices. This will pay off when it is boom in the market and will be the time to sell. Until then, I am better of holding my portfolio and rather look for new interesting things in the crypto world. There have been some very nice predictions about the appreciation in the market values of crypto and lets hope for the best output. |
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Your country and any countries that outrightly ban bitcoin and others cryptocurrencies are going to regret it in future! The same way bank and other financial institutions spoke evil of internet and there are the chiefs users of it now will replicate itself again as cryptocurrencies system is the best system that can transform our money and capital market's.
This is what I think some times. The under developed countries do not accept a new technology that go well and easy in countries across Europe and America. It has been more than a decade and Bitcoin has still not been accepted by my country’s government. This is a pathetic situation because people and government have so many other things to worry about. May do not even know Bitcoin let alone its usage. |
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For me the only benefits of gambling is when I play, I was able to release my stress, I got focus to gambling and somehow forgot my worries. I know it's kinda more stressful if I lost big amount of money so I only play using fixed capital then after it exhaust, I stopped and do other stuff.
Stress busting is also can be a benefits from gambling but most important thing we have chance to earn some big money if we are just lucky.But don't do over olay when we are keep losing then it will leads to serious problems financially. Yes, benefits of gambling still exists, the fact that a gambler enjoys the game it can be a good entertainment, relaxation and a stress reliever after a long day of work. The most good thing if a gambler won the game and bring the big profit to his/her family. It can never be a source of entertainment. People have heard a lot of people and their stories that have shown us best of the moments enjoying their lives. So we need to think over it. All those people who feel entertainment or fun in gambling and they focus on it more than any other entertainment source, they must review their decision. Best of luck to all those who are currently getting ruined. |
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Bitcoin as the main currency and doge as the alternative currency. Doge is the best coin for gambling because the fee is low and the confirmation speed is fast.
If gambling is being considered as source of money and someone is interned to choose bitcoin or any other crypto currency, then you are making biggest mistake of the life. Actually this gambling must be ignored. It isn’t any source of money. So if the coin is doge or some other coin in gambling, you have to leave it as soon as possible. Live your life for better experience and job crypto. |
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I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law. Are you saying yes and no?  Yes,it is. Gambling is now become more anonymous and convenient for everyone with the crypto currencies ad even the non gamblers are started to gamble because of crypto currencies and online crypto gambling saves much time and even we can gamble if we are from gambling banned countries.So crypto is a boon to the gambling industry. in this way, people who can't gamble because in the neighborhood are not allowed to gamble, can gamble online and use crypto as a bet is the most effective way. I do agree because most of the people who are addictive to it cannot control their feeling but in offline we cannot gamble because of the family but through online we can gamble with the small betting. Every one who are addicted will always look for higher bettings. like what if when we try to trade bitcoin when we can not wait at the time of sale that we should sell when the high price instead and in the end is not a profit that we can even big loss because gambling equal to luck and at that time we are not lucky. There are some other aspects to be taken in account for selling a bitcoin. That isn’t just dependable on luck. Although there is an impact of luck out there but mostly this is off the scene. So your skill and experience will be helping you to draw a best line for best characteristics as a trader. Don’t rely on gambling for moony earning and don’t just let it control you. |
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