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Well price is very important in crypto market especially for a trader and investor who want to buy a coin and to double thier capital on it. Because without price is very unfair which is there's no way there will be more ppl will like it and try to adopt it IMO. And for sure massive declined will happen again.
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On this situation its very difficult to determine when it will regain value again because of the current situation of market. But good for you that you have still a green on your portfolio unlike mine which totally red and seems have no chance to recover in the future. I suggest keep it mate don't ever trade it because in the future you can gain profits on it especially if market show a huge wave again which moslty following and gradually rising as well.
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Nowadays yes bitcoin so easy to manipulate which is because of some ppl that always panicking when there's a correction on the price or small fluctuation. especially when there's only a Fud's that spreading false alarm just to intimidate holders ,because ppl always jumping nowadays and keep selling to prevent losses even though have no idea if it's true or not. .
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Good advice mate indeed that's the only way how to stop lossing money especially if we already late to sell off. Panicking is a big mistake and patience is always a virtue. So we should understand the situation because in fact it's just a temporary and so on market will stabilize again and again . No need worry actually!
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That's very difficult to predict if it will continue to rally because it seems still have no enough strength to make more pump IMO..because analyst says this new level is very critical which is bitcoin must defend or else significant losses could be imminent. So this is very unpredictable situation.
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I am new to trading process. I have heard from people coinbase is an exchange and wallet where I can start trading but I am still not clear how this works. Someone. Suggest me how to choose the exchange and advise me of the some exchange names.
dont rely on others opinion mate which is must search on youtube instead for basic step by step tutorial and to obtain specific information about the exchange you want to trade. It could be easy probably and a big help for you to easily determine the most provably fair exchange site that will fit on your plan. |
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Of course acceptance is the main reason why coin growth rate suddenly change and rising rapidly . It's just normal reaction actually like what happened on bitcoin year 2017 which suddenly jump to the ath because there's more ppl keep buying and holding.
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This should be expectation vs reality like what always happened which is opposite. Lol And mate your prediction is too much i think. Because it looks very high to reach especially on this kind of situation which market always experience drastic fluctuations after the sudden rise.
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What do you mean correction? Because when it says massive correction for sure there will be a huge dump or pump in the market because that's only how market works. Probably you need to provide a reference for this and kindly elaborate more to be specific.
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For me there's a high possibility but it depends only if ppl will stay to hold as well until year end which is no doubts for sure BTC will gradually rising on that value. But probably its impossible for now to happen because mostly preferred to gain quick profits which reason BTC always fluctuate after small progress IMO.
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Your statement above is just a facts when it comes ICO's, that's why there are some ppl complaining about it afterwards. As what i see mostly are about the distribution which sometimes zero because of some scammers behind it and even its legit still worthless due to the circumstances of market. I hope ppl will see this post and become aware so that they are already knows the facts in the first place before putting contribution on some ICO's .
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We should wait mate before making speculation because actually it's to early for that. And indeed market still so volatile which is has possibility it will change directions time on time. so making predictions about it as of now is very difficult. must wait instead to gain more specific information.
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Since December last year that bitcoin fall below $4000 it has make several move of crossing above $4000 and it always get dumped after few days. I think a strong resistance has been created a little above $4000 and that is why we have not see a good recovery after this bear market. As at this moment bitcoin is trading around $4,052 across most of the popular exchange and my question is will bitcoin get below $4000 again or it is on the part to break the resistance level that has been pushing it backward?
the current resistance of bitcoin is 3k above mate since market experience massive declined last year and this current price of market is a small progress only after the several attempts of bull . For me until year end probably there's a chance again it will gradually decreasing again but for sure on month of may it will show again another progress which is a good chance to gain profits. |
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I make money on both crypto because i'm currently working on campaign and also making investment and trading on some alt coin which despite of the situation of the market .it's very risky actually but this is the only strategy i know for now how to cover my losses . I don't rely on some faucets even in any mining sites that promise a profits because it seems not worth it.
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For beginners of course doing TA is a must which is to atleast you can obtain specific potential of the coin you want to invest. So educate your self first, and make a search so that you can build a strategy on your own as well. And also avoid being greedy because that's the most important . Just invest what amount you can afford to lose to prevent regrets at the end.
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There's always another chance mate so dont give easily which is try and try until you succeed. Actually here in crypto world you will become successful only if you are really interested on it. but must have more patience and lastly bear in mind to make always a back up in a safe place to assure no problem afterwards.
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Whether it happen or not, I personally think this is a great opportunity to purchase bitcoin and and others cryptocurrencies and keep holding. They have the ability to do what they need. Along these lines, it's most critical that don't dive blindly, but make own research.
yes of course be confident always and grab all the opportunities whille there's a chance which is even though there is no bull season always think positive for it. Indeed everything is temporary especially on this so volatile market. So be smart enough and accumulate for the future instead relying on others predictions before making a plan to make a move. |
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Definitely it will rising gradually now because there are some positive news all over the crypto about it. which is bull is back on ethereum and has a tends to reach new value on this year. I hope it will not end suddenly again like what happened on bitcoin and other alts. By the way go check Here for more information |
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If you really want gain big profits and if you don't want to switch into fiats then invest on coin that have big potential rather than staying on your previous or current investment .because on this situation you can gain massive profits only on some finished projects because moslty is very weak and have no stable progress.
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For me it's definitely because of being so volatile of crypto market which has a opportunity always that can make a good profits especially if market is fine. and with it you can buy a very cheap and affordable coin to invest . So probably that's the common reason why ppl jump to crypto.
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