Every year we witness the price of bitcoin hit ATH , so expect that there will be another ATH this year. If we get the lowest price this year we also get the highest price and the bull run will start Q4.
The monetary values have 0fcourse started rising and the trend goes on. The market values are also stable and have been in a stable position for some time now. As a result, we can say that we have started moving towards a bright period again. Yes the market often takes turns and shifts but ultimately recovers as well. So there will be a high value for Bitcoin and some other crypto currencies as well in the current year. The expected time is December.
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Roger Ver is not convinced that Bitcoin will remain the "pinnacle" for a long time to come. In a recent interview, he mentioned how Ethereum would overtake Bitcoin in the near future. With the recent increase in the price of Ether, the original token of Ethereum, it is clear that things will be better.
ETH can never suppress Bitcoin. If we do the comparative analysis, we are able to understand why. First we look at the market value of ETH and Bitcoin and Bitcoin has a market value more than that of ETH. The market profitability for Bitcoin is also more. Popularity in the market counts and Bitcoin is more popular. General acceptability of Bitcoin is far more than that of ETH. Having said these all, I do not think ETH can suppress Bitcoin.
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I think if the price has risen and the market is green and you have also got a profit then of course it is the most appropriate time if you want to sell, but if the price drops and the market becomes red then you should keep to hold
It does not look the right time to sell Bitcoin but to invest in Bitcoin. It is actually the time to hold Bitcoin and wait for the green market. The long term investors have this strategy of holding their coins until the market recovers and then they sell earning good money in the end. The right decision in the right time is more than a blessing based on perfect knowledge and information.
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This is what others predicted but the opposite way is happening. We still have half year to go and I think that's enough time for btc to recover. If not maybe next year or a little longer, year of halving. As always prediction during halving is we are having a rise.
We know that Bitcoin with the passage if time improves and same is happening as the Bitcoin will improve its value from value which was in 2017. The 2018 start was a little down for the Bitcoin but we are now observing constant increase trend which indicates a better market in the upcoming days. The increase in demand will encourage the people and hence the market will be better.
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Economy is one the country. So if need for the other country growth and information. First check the economy this information help start the business. It change the country growth. It good opportunity for the people growth. Bitcoin is help to people growth. So people will be growth country also growth.
The economy of a country runs better with a valuable currency and this makes the economy better if country performs all the export and imports using a valuable currency. We have observed that countries use USD as fiat currency as it is valuable and making their economy better. Now Bitcoin is the most profitable and valuable one, if countries upgrade to this valuable currency then it will be better for boosting economies.
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i don't think bitcoin have risk i am trader of bitcoin since 4 year and bitcoin never give me loss. i think you are new in crypto market and you afraid from volitaly of market then so sell your coins o loss bitcoin price and increase from 1$ to 20000$ but bitcoin have high volatility if you sell your bitcoin in loss you will face loss if you hold then you will get high profit. i always hold bitcoin for long term and then i get highest profit.
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Yup that's true, But i still believe in bitcoins, Bitcoins is much popular and much well respected type of coin, Better hold your coins because someday it will bounces back and another opportunity to earn profit, Just hold on, Bull run is coming very soon. We are still good to survive and do not worry, because the coin seems stable below a minimum value in the mean time. This stability is of great importance for investors who invest in the technology for future expectations keeping the low prices aside. As a result, the monetary values of Bitcoin will rise in the near future and those who will hold now will reap good money during the boom.
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Forecasting anything on the crypto-currency market is meaningless, the price for bitcoins and crypto currency is too variable.
You always calculate your profit by subtracting he cost of your portfolio from the total current revenue. This is because when you sell some coins at a price more than the initial prices, you are better off with a profit equal to the percentage rise. If the initial cost was $1000 and now the rise is by $100 that us $1100, there is a 1% rise in the total cost and your profit also rise by 1%.
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Just set your own goal in terms of price when you want to buy and start trading Bitcoin. It is always best to buy low and sell your Bitcoin when the price rise and become high enough and set another goal to hit for you to have a changes in terms of earning and development on your scale in profit in the future.
It is a general market decision and this first decision as you will enter into the market by buying something or investing with something. You have to buy a product in a low market that will charge you less for large quantity products. Similarly, if you want to invest in crypto market and in the most valuable coin you need to enter by buying the coins in a low market and the current market is favorable for investment or trading.
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For beginners like you it's better to start with user-friendly exchanges and with a good reputation. Try poloniex or cex. They are both quite simple in use - the only difference that polo doesn't offer much fiat options. I am more in eur market so prefer using cex - https://cex.io/btc-eur for these purposes. So it depends on what is preferable for you. Search on various forums and look what people say. Read articles from different sources, or simply google. There are a lot of exchanges that are working same and different both and their rates are different for different processes. You need to go through the Blockchain technology that will make you able to exchange your coins or selling of coins smoothly. In order to survive in the market you would need to follow the most recommended tools and places from where you can get success.
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In order to increase any skill as they say Practice makes perfect. I would strongly advise you practice with small amounts on some up and coming alt coins. Just remember to become a pro trader you can’t be too greedy which is the hardest part (In my opinion) of trading. You need to make plans about when you will cash out and at what price.
Trading masters do the processes or procedure without any hurdles or difficulty as they know better how to handle the processes and walk in a zigzag place and this is only possible if they have knowledge? Trading is simply based on few steps that are the major steps and need your full attention. Choose a valuable coin and hold it for a long term so that you find maximum profit from it.
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Why you didn't sell when you had $60,000 in total? you've got to be kidding me that you are expecting more and greed fed your mind.
You can counter your losses and start day trading otherwise, you have to hold further.
But how could he know whether was the end of the bull run mate? Nobody knew I know some people who bought BTC at $17k. That's outrageous. I think you had a good chance to cash the money you had earned in October but you did not and the time is gone now. What I feel right now is that you should have done the technical analysis which makes you know about the most profitable of coins in the crypto market. You can still go good as long as you feel comfortable with your portfolio and hold it. Good luck for the future.
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I am sure as soon as the market recovers and price of coin begin to rise, the price of ethereum will go up as many people will continue to invest and the block chain will be used by more companies for their transactions.
I have been hearing about the prices of ETH will hit back in the current year. There have been good speculations about ETH as well that say that ETH might cross $2000 in the current year. The price stability of ETH and its popularity in the market are some factors that helps keep the demand high in the market. Having a high demand, there is always an upward push in the prices of the demanded currency as a result of which the value rises.
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Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
I think I will investing my money on that coin. Coin issued by government must be back up by tax payer and government trust and thats must be a good investment. I think that will make cryptocurrency market more healthy and more bigger This is exactly like a bond issued by a company. You will only invest in a bond if the issuing company is in a good position and has been issuing bonds for long with good profitability history. Besides, sometimes you have to keep the concept of default risk in the mind as well. It things like these worked out, there is no bad in investing in the coins issued by a country.
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I think that most people need to understand that trading is not a job, and that you can not get super millionaire in just a few nights like many poeple think. Trading requires patience, and if you are not patient, you are gonna lose all your funds
Trading can be a job, full time trader is great. if you have a good skill and an analisys. It will be profitable. yes, trading is required patience and this is the key in trading to be successful Trading is among the most beneficial professions of the world. Traders are rich guys who not only earn money but respect too. A person with the required skillset can change his financial life dramatically by involving into this job. Big things also come with big sacrifices and challenges. It is easy to start but difficult to stay here. Basically, persistency and patience play the most significant role in success of any trader.
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It's depend on you how much you need for trade, trade is free you can use of small amount to started. and not recommended to using a lot of money if do not have a skill to do that.
You are absolutely correct. In order to start trading, one does not need to have a huge amount of money rather skills are all that really count. A person can start trading with even 30 dollars. Like you have already mentioned, it is preferred to not trade with ample amounts in the beginning. One more thing, trading with small amount will return small profits. It is going to take few years before he achieves his goal.
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Before I only stop when I do not have money left in my pocket but now I stop when I observed that it is not my lucky day ,I will stop as soon as possible I do not want to keep on trying to take back what I loss just like before because I already know the more I try the more money I will loss.
I think you need to stop when you still have money and don't spend all of your money in the gambling places. I know how it feels when losing all money in the games and it's good that you can now stop as soon as possible and don't ever think that you can recover the money you lost because you will spend more money and the result still makes you lose all the money. Ideally, a person should stop after one or two bets. There is no need to spend a lot of money and time, which is even more worthy asset than money, on a ridiculous activity like gambling. It is harmful plus addictive simultaneously. The best is to not get involved into this game or get out of it as early as possible. In reality, people don’t stop even after losing big amounts as they had developed its addition over time.
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I am sure that the best approach is an investing I mean that it is not a speculation. I explain my opinion briefly. When investing you believe in a chosen asset and you hold it as long as possible to get all potential but when speculating or trading you consider your trading position temporary and close it quite fast without getting all potential
That was a nice piece of information but bitcoin will always generate positive results regardless of the perspective it is dealt with. This is the most amazing investment tool that the mankind can know ever. It touched 20k dollars by the end of last year and yet people are of the opinion that it is an infant. Crypto experts predicted a target of 30k dollars as an end year value for 2018 but my guess is, it would be near 40k dollars.
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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?
I suggest that if you want to invest in cryptocurrency, a separate money will be used there. It will be too risky to invest in crypto and if ever you tou will use your savings, I hope not, instead, use that for your emergency purposes. Having a separate money will be better so that without noticing the change, you will gain from it. I really want to know why it is risky to spend money in crypto currencies. As far as someone has bought a potential coin that is cherished by majority of investors, his money is not at stake. For instance, bitcoin is something that cannot be doubted now. It has made people millionaire. The only risk is losing faith and giving up which happens most of the times but investor is supposed to be blamed here.
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Despite the fact that China and Russia are trying to resist this topic, there is still the logic of financial and monetary processes. The world is moving forward, this form is a civilizational leap and there is no point in opposing it
These states that are avoiding bitcoin and rest of the crypto currencies are sooner or later going to surrender to the powers of crypto currencies and will understand that we need them in order to sit in the game of being most powerful. They are probably going to launch their own currencies which could be regulated by them in order to take tax from people. But it is not possible to resist crypto totally.
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