disappointing, Bitcoin's latest downfall, making the digital money down more than 40 percent from a record high around $ 20,000 that occurred in mid-December. This caused its market capitalization to fall to US $ 130 billion.
I think you don't have disappointing because as long as you can see your chance to buy bitcoin at a lower price and you can sell it once the price increase, you will make a good profit. this situations happen over and over and we can use this to make more money and I think many people can used this too. although the price is down but I am sure that in the end, the price will increase higher and perhaps it will reach more than $20,000. People can't realize what is crypto market, majority enters with plan to make fast profit and they expect price to go up all the time. Downfall is nothing more then pumping the money out from crypto, its the time when newcomers buy at high prices while old timers are selling and making profit. Look at the market cap and watch how much money is pumped in and out from crypto by that you can understand where is market going, in which direction its heading. From January we have downfall cause more people take money out from then getting in bitcoin. What is important that market capitalization is higher this April then any April before, only when December come we will see will it price make new December record or bitcoin will need more time for passing last December high. Downfall is normal in any market so don't be surprised with this one, its not first one and for sure its not last one. I hope that we don't have to wait until December to see the price increase like in December last year. many people still waiting for the price to increase again although this time is really difficult to increase more than $10k, I still believe that we can see the price increase higher. like you said, the downfall is normal and we don't need to be disappointed or sad because the price will be up again and once the price is back to increase, we can make a lot of money. and the downfall will always happen over and over and it depends on us, what we want to do. It takes positivity and courage to face this kind of situation. But I think instead of taking a look at its impediment, let's see how it can be of great help to us. It can give you the chance to buy coin at low price, hold it for months and wait for the increase in price, then sell it high to gain huge returns. Stop worrying because the more it distracts you, and hinder you from thinking of better ways to recover from this fall. |
|
|
|
it's hard to see ethereum is dead because there are many project launch base in ethereum network and if ethereum die, then there are no projects will launch. there are many people still give their support to the ethereum and the dev and the team still working on the projects. but yes, I realize that the ethereum price is not higher significantly but soon I think the price will increase back to high. and for now, I think it is better to prepare for the waiting for the price.
Ethereum as the second leading crypto next to bitcoin has so much potential to survive and last longer. It has a great roadmap and is backed up by corporate clients, it's secured and well protected by hacking attacks and fraudulent activities. So it's impossible that it's gonna die, it still has its mission and we have a big role for its welfare. |
|
|
|
These mistakes are the main reasons why we lose some investments. They mistakes must be learned from now on, thus if you continue for this mistakes, it could lead you to downfall of your profit. We should not let this happen, we should learn from our own mistakes and dont let this happen again from now on.
Obviously and not just in trading. If you start an investment and you do not get the full grasp of it or are able to know all the things necessary to play your cards well, most especially when it is a highly risky one, then such an individual will always find it very hard to be able to get the best from their investment which rather than making profit, they would be busy making huge losses as the case may be. Most of the things that have made a lot of newbies to foolishly make huge mistakes in trading till date is because they never prepared themselves for the task ahead. As long as you are trying to do something and you do not have the knowledge or the know-how of using the tools to make you thread safely, there is no way such a person will not always end up in the negative side of things which usually subject them to emotional behaviors while trying to trade the market. Mistakes and failures are part of success but if done repeatedly it's no longer good. However, this can be corrected if you educate yourself and have a full understanding of what are the do's and don'ts in trading. Never put your whole emotion in trading and expect the unexpected. Being good traders recognize their mistakes, and more importantly analyze and learn, thus improving their skills for awareness and understanding the market. |
|
|
|
I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?
Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.
For you guys this is true? and why?
If they are new to Bitcoin then there are more chances that they will react to every news that they can read about Cryptocurrency regardless if its negative or positive news. Worst move they can do is to sell their coins in fear of price to go down further. If only they research further on the history of Bitcoin, it has always been a roller coaster ride so there's no need for panic. It is just the normal way people react to things easily when things are not working out as they would have expected. A lot of people could have the mindset that the market is volatile and they still held, but it is normal for them to see things going awry and then trying to find answers everywhere as to what may be going on so they are not kept in the dark, and sometimes, the news may not even be helping due to the level of FUD, which may make them to react. Except for the experienced investors or those who may really just have been able to understand the market very well, they are the ones who usually do not care and only focus on the future. New investors and the ones who bought on top are panicking, its always like that. They are the ones who post so many threads with questions when will price recover, when will rise, are we at bottom, etc. You don't hear such things from early adopters and investors, we already have huge profit from bitcoin price rise and we don't worry like new investors do. They didn't invest in bitcoin as technology that will conquer the world one day in the future, they invested with one agenda and that is fast profit and if possible big profit. That didn't happen, instead up price stared to to down and panic started, its how things are working. Panicking is part of human nature, but I think sometimes we have to learn how to control our emotion and stay strong. The ups and downs in price is a normal trend due to some factors and I believe it is something that we have to know before joining crypto and condition our mind that being hopeful is a good thing to always remember. Don't lose hope, keep the faith alive. |
|
|
|
There's a lot of things you need to consider that if you don't give importance your investment may be at risk so here are some of the things ou need to consider or to study.
Learn about the basics first such as:
Bitcoin wallets
How Bitcoin works
What is Blockchain
Types of wallet
And different kinds of investments
Second Learn what kind of investments you need to do, here are:
Trading
Holding
When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:
LocalBitcoins
Binance
Coinbase
Just search on the internet.
NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.
Investing in Bitcoin is not too complicated and I think it is not involved, I think you are thinking and making it more complicated. Many investors are not interested in technology development and how they operate because they know that the best way to make a profit is to take risks. These are very informative and such a great help for those who want to invest. Investment is a no easy thing. The risk and uncertainties are present. However, I guess learning proper investment analysis, filling your mind with the knowledge of how does it work, being strategic and logical, increasing the level of consciousness about your investments, knowing what youre doing and why and replacing negative thoughts with positive ones can have a big impact in engaging with investment. These would give us the peace of mind, and don't forget to be guided accordingly. |
|
|
|
A hard hit may not be a bad thing, stopping the irrational game in time to really save bitcoin. It would be a real disaster if bitcoin were allowed to become a highly speculative target.
I think the price reduction is a good thing. What do you think?
Yes i totally agreed in this because there are so many people that are believing in the value of bitcoin that it is not that easy to decrease and increase but there is one that for sure if you HOLD bitcoin today you will benefit more later. Life is full of trials that may hinder us from achieving our goals in life. Same thing goes with crypto, it has its ups and downs, and I don't think it's something that needs to be worried about. Falling is part of success and instead of taking a look at its disadvantage, let it be our source of strength and motivation to stand up again with pride and continue our journey to success. |
|
|
|
it is difficult for bitcoin to get stable because the price will always volatile for a long time and if we want to use bitcoin as a new currency, then the price should get stable in one range of the price so the government can think that bitcoin is safe to be used as the next generation of the fiat. I think it is good if the price always changes like this because we can buy when the price is down and sell when the price is up so we can increase the money that we invest in bitcoin.
We all need security not only in our personal lives, but also in terms of transactions, investment, savings, trading, and almost in all forms and walks of life. Its stability is significant to determining the level of security and transparency. When it becomes stable, it will convince and open doors for more people to participate and it will give us the peace of mind and lessen panic and tension. |
|
|
|
if you ask me, what is the best social media for promoting ico, and the answer is facebook,
but of course why not promoting on all social media ?
why should pick one if u can use all of that
Any form of social media can be the best source for promoting ICO. Some of the best sources of information are facebook, Twitter, youtube, and this forum (BitcoinTalk). But let's be careful where we get these information from, because reality says that fake news is very rampant nowadays. The true source of information is ourselves, let's be accountable and use our resources in delivering truth and authentic news so others will not be misled. |
|
|
|
I'm someone who loves to share. When I discovered blockchain technology a while ago, I wanted to tell everyone. I didn't stop with my friends and family. I told colleagues at work, my doctor, and just about anyone who would listen. Some who got in early made money and were very happy. But others waited until after seeing the massive bull run to invest, and bought at the top. Now I keep my mouth shut because I can't control how people invest. Even though blockchain will change the world, there are still good and bad investments. How about you? Do you encourage others to invest in crypto?
No I do not encourage my family to buy bitcoin, and that is because I'm not willing to be blamed if they lose money, I'm fine at risking my money in bitcoin because I know very well what I'm doing and why I am doing it but if they were to do the same without the same knowledge that I have then it is way more likely that they're going to make mistakes with the information that I share with them. I can encourage them to invest, but first I have to know their willingness and seriousness and attest their knowledge. If they are interested, then I can share my knowledge, to educate them about crypto, technical analysis, setting proper expectations of its possibilities and circumstances. Investment is quite risky, and it takes bravery to be part of it. After all, the decision is in their hands. |
|
|
|
You said in seven point that btc isn't store of value, but let me ask, how did you think dollar got its own value? How did other currencies got it also? Every time its the same way
Bitcoin is useless for some people who does not realize it essence and functions. Those who always focus to see its disadvantages, but for those who believe it, know what it truly is, how it works, how beneficial it is, and are positive enough to take a look at its advantages and the brighter side, it's never useless nor null, it's helpful and valuable. Instead of focusing negativity, let ourselves learn how to value and appreciate things around, because these little things matter and will bring us to bigger opportunities. |
|
|
|
We need to manage our time the same as we manage our money because how you manage your money is the same as how you manage your time. We need to be responsible in everything that we do so we can earn money. So we need to plan ahead what we want to do in a day
Yes, I believe the sayings that time is money because if we use our time by working to earn salary then that is because of the time we spent for work, and if we go in crypto world, time will matters most because for example we have participated in a bounty campaign then we all know that it is time bounded in complying the respective post per week and much more on trading that the more time we spent in exchanges and in crypto market then the more chance of having a good profit. Time is very important in the cryptocurrency world because when you have a lot of time then that means that you have a lot of chance to make a lot of profits through the cryptocurrency. Time is money and even it is not related to cryptocurrency you need to spend it wisely so you will be able to reach your dreams in a faster and not in a delay mode. It not only needs time, but also effort and willingness to gain productive outcome. Spending a quality time and proper management can be very helpful when you want to earn money. Know your priority, have a clear vision, have a to-do-list, and be committed to what you do. |
|
|
|
These are actually great tips and I am actually doing this currently too, but basically since I am for long term holding I really dont mind about the downfall of the market. So I just stay chill and hodl more each day and dont really look at my portfolio that much not unless I see some news about these cryptocurrencies slowly rising.
What a helpful tips! Don't stress yourself too much, always remember that every problem has a corresponding solution. Instead of focusing and worrying too much on difficulties, just be strong, you might miss some other important details in life that needs to be given more attention with if you're trapped with the said circumstances. If you could be that image og strength and hope for yourself and for others then we can be a stronger family as we could. We are family and we should be there ready to comfort and support each other. |
|
|
|
If btc's down no coin could grow strong
Bitcoin is not in general to be the decrease or inverse of other coins if it itself decreases but if we commonly look into the market the demand for Bitcoin is at the top and then gradually the other altcoins and ethereum and so on,. Bitcoin has its own demand and supply according to the market and other coins have their own so there is not connection among them but except demand. If Bitcoin demand is decreasing then definitely if people even are not taking interest in Bitcoin which is the top currency then there is no chance for others. Now days Bitcoin price is giving the signs that the market value is going upward which is a good sign for investors. Since the time this bitcoin has come into existence, the only thing which we have experienced is that the number of people who knows about bitcoin is increasing and that we never heard of any such news that bitcoin is going to have less demand in the international market. The decrease in the market value is something else but even at such times, bitcoin has managed to make a very good image in the society. It has been dominating in the global market since it has ever existed. Though there were times that it crashed and fell due to some factors, but still it was able to recover and continue to claim and maintain its supremacy. |
|
|
|
I actually think that teaching kids about bitcoin is not just a noble idea, it's an obligation as parents if you want your kids to make the best of their lives.
Teaching bitcoin to children is not a pre-requisite. It takes readiness and willingness for someone to learn it. It requires dicipline and patience to engage in cryptocurrency. However, if you want your children to learn, there's nothing wrong with it. Teach the basics first and have your children be guided accordingly and monitored properly. Don't forget to instill in their minds its advantages and disadvantages. It's not a mere discussion of its benefits and profit you gain from it. It needs proper education and responsibility for parents to teach children about bitcoin. It's a good idea to have children learned about cryptocurrency, but the way we lead them is a must and matters the most. Children need motivation and dedication from parents to be successful in cryptocurrency. I agree, that if the children is not interested and ready to learn then don't force them. Teaching them may not still give productive results if that's the case. I think it's an advantage if we let children learn bitcoin at a very young age. It's best if children have a financial knowledge little by little, it does not need to be complicated, so when they grow up they will already have an idea about how to properly handle money, to deal with trading, and investment. Teaching children like savings at an early age can be very helpful, same thing goes with bitcoin. Though it may be hard but what you can do is look for strategies and motivation to get their attention to learn and let it lives in their minds and becomes part of their system until the future. |
|
|
|
Each currency has its advantages. I am opposed to narrowing the range of possibilities. What for? Let there be Fiat, bitcoin and all altcoins. Each person will choose for themselves the most acceptable option. Bitcoin is not always convenient. But if you use it in conjunction with other currencies, you can always find a convenient option.
It's good to think that it's gonna happen in the nearer future. It really provides more convenient to people from different walks of life. However, I think it takes so much time to have it realized and be adapted around the world. Not only people have a full understanding on what it is and not all people are easy to convince and most of all there are only few countries accepted cryptocurrency. But we all can do our part and make it come into reality. |
|
|
|
Looking at the bitcoin price as at now may lead to losing focus. Stop looking at bitcoin price a better decision.
Looking at the current unstable and unpredictable bitcoin price movements, stop seeing bitcoin prices is the best decision, so we don't have to worry get carried away by emotions and end up made a mistakes that we will regret later like panic selling at low prices. I also do the same thing, stop seeing bitcoin prices because i decided to doing long term trade due to the down of bitcoin price. I choose not to check on it oftentimes because the more I get worried its unpredictable price, however at the same time it adds more challenge and excitement for us to be ready to take actions on its volatile value. Disadvantage can be, you'll miss some of its updates and important details that may be helpful in crytpo journey. |
|
|
|
I appreciate your research, but I believe that the crypto currency market is not very predictable and depends on many factors. There is no 100% certainty that the events will develop this way, so let's see what lies ahead.
That's the analysis and research of a trader and maybe it happens but because of the fluctuating bitcoin it's certainly possible that prediction is missed. can be a high price faster than your guess that takes 5 years. which definitely bitcoin prices will surely rise due to growing users. so do not make your faith damaged by leaving bitcoin The hardest thing to do in every single day of my life is to always stay positive. A lot of circumstances that may come unexpectedly and life is not always at its best. In the world of cryptocurrency where it's very volatile and unpredictable, I realize it's important to keep your faith firm and strong while doing things that can somehow alleviate your stress and worriness like setting aside negative thoughts and taking a look at the brighter side. Don't lose hope, let hardships be the reason for your hardwork, and let your determination rise, and never be afraid to fall if this only means success in the future. |
|
|
|
With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
If we look at the present marketing system globally, considering the flow of exchange and trading process internationally. Perhaps, it is to early for a global cryptocurrency manifestation. We need to calibrate the entire system to implement such innovation. However, the possibilities are still there since no one really knows what would happen in the future of global market. Mankind is always looking for periodical changes that can bring convenience to the people. Honestly, bitcoin has the greatest potential to be the leading future currency, but let's be real that nowadays paper money is still being used by many around the world and bitcoin has a young and developing economy. Not all people know about its efficacy, and does not know how internet world functions and its access, where crytpo is most reliant with internet. However, I still strongly believe that if we educate others, let them understand about crypto and if we continue to strengthen and stabilize it, then it's extremely possible that crypto will dominate over paper money in the future. |
|
|
|
Time management is the ability to plan and control how you spend hours in your day to effectively accomplish your goals. Most people do not know how to manage their time but if only these people knows how to manage time there is no problem in handling it in our daily living. Everyone of us needs to plan, plan and plan, jot down everything you want to do on that day in order for you not to miss anything you want to do especially in doing bitcoin forum.
Time management may be applied to different situation but its goal is to gain quality results, maximizing productivity and making life more comfortable. Make a to-do-list, create a time audit, and make a plan. Balance has a vital role. If you lack balance in your life, you will be stressed out. You need to have a priority. |
|
|
|
It's getting ridiculous here. People are now investing just because of the hype or just from watching the scores given by Icobench, ICOratings etc.
You're doing it wrong. You should look at the team and the experience they have, whether this project exists already (e.g we have Monaco, TenX, Centra, MoxyOne and many others) and none of them actually delivered 100% what they promised etc. so unless you really see the potentials on the project, you really shouldn't invest. Ignore the moon bullshit they are trying to feed you.
This is valid for both bounty hunters (because they are wasting their time) and ICO participants (wasting money).
Thank you for posting this because the blind investments that ive seen people make is really astonishing. people are just throwing their money behind anything with a catchy phrase or a cool title that incorporates technology they have no understanding of. This is honestly what a bubble looks like and its definitely a big factor behind the crash that were experiencing right now. Investment can be intimidating, confusing and a bit risky but if you will be guided and have a knowledge then you will be directed to the right path. When you invest, you have to know your goals and needs for what your investment really is, consider for how long you can invest, make investment plan, and be diversified, face your fears of the risk. |
|
|
|
|
Show Posts
