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Maybe yes or maybe not, nobody could predict what's will be the outcome is in the coming days. What I am sure before 2021 ends, there's a possibility bitcoin price will saturate and main stream media with several negative news about bubble will come out stating bitcoin crash or whatsoever fuds news would start to deceive more people.
Always be prepared of any possible crash, because bitcoin nowadays was at the highest peak of its price.
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I think what we are seeing right now is a rocket that is launching. I want to get on this rocket and I think any minute it could be too late as there is already all kind of heat shooting out of the rocket. It is hard to get on at this time. So I am considering to take out a loan of say 20.000 Euros. It wouldn't kill me if it fails but I don't think it will fail. Even if it crashes it will come back 2 or 3 years later. And yes we might eventually end up seeing prices of $100M per Bitcoin or maybe $1B. I am saying this not so much because I think Bitcoin is a great invention. I am saying it because I think the Euro and the USD are currently collapsing. Now since Elon has gotten on others will get on. And eventually the government can not make Bitcoin illegal anymore because too many people are heavily invested.
Do you think taking out a loan makes any sense? The problem is that right now I can not do it because due to the lockdown my income is too low. I would have to wait for the lockdown to end. Then I can work night and day for a month so that I end up making like $7000 within a single month. With that I will easily get a loan of 20K maybe even 50K who knows?
Do you think it is worth it? This might be a once in a lifetime chance.
For now I don't this is a brighter idea, Bitcoin was at the top value if we're going to analyze and taking that loans might be a failure. The risk behind was really big to what we think out of potential profit expected, so much better to wait for further instead of rushing out to earn something better. Though our aim is for gain, but it should be done by process and not by instant results. |
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For new trader i want to share my experience. Follow and hope you will enjoy it.
- Don't trade more than you can afford to loose (Specially Bitmex).
- Do not FOMO buy. (Fear of Missing Opportunity)
- Do not FUD Sell. (Fear Uncertainty Doubt)
- Take Profits Out Often, Don't be Greedy. (Put Stop loss in Profits to book it with steps.)
- Accept Stop Losses. (-7% is better then -30%)
- Never Trade against the Trend.
Not Loosing Money is more Important than Making Profits.
Profits in trading is more important to me, but its painful to lose in reality because we only desire to take gains and we aren't prepare to lose. Trading while in the trend is good when you're at long term holdings, but if not? I always recommend not to do it. Buy and sell is risky when there's no skill involved due to volatility. |
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Hello there,
I'm considering cashing some BTC to fiat to buy more BTC after the bull (I'm targeting to buy again at USD 15~16k).
What it is the best way in your opinion to cash Bitcoins in 2021?
Thank you!
Do you believe that the price can dump until 15-16K? I think bitcoin is strong now, and after a big correction like in 2017, I think 15K is too dip and hard going into this price. I don't have good experience to analyze the price, so I will buy gradually after a big correction I am looking forward to see bigger corrections sooner, but the situation of the btc market hasn't saturated. Upcoming pumps is possible to happen, as I've seen the trend lately. Many speculations came now and as they said resistance has been broken which could cause rapid increase and people might ride in this another waves as well. |
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Well, it seems the price is going on the opposite side right now, yet the week is almost over so I think the prediction might be wrong. Unless there will be a big sell-off gonna happen which seems impossible. Bitcoin is now currently playing around $37k and still growing. There might be some correction gonna happen but I don't think this will be the major one. Besides, even if Bitcoin makes a dip it will be just for a while as we have strong backups which are the large institution is on our side. Truly that the market doesn't always work on our side even with the help of TA, anyway are still few days left, let's see what's gonna happen.
The correction happening was just a slight behavior, we could expect more frequency to occur in the next few weeks. Recovery is too fast compared to the declining situations, because many folks also waited for a good opportunity because btc value would rise after sudden dump. |
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1) Do they let your trade without KYC? What's the requirement like for their .com? I heard you can trade €5,000 worth of BTC a day without the need to KYC? Is this still the case?
2) If so, then is it something that they say but later freeze your account with KYC demands even though you kept it under 5k and you didn't break their rules? I mean, sure it "could" happen, but is it common with them?
3) What are the requirements to do so - name, phone number, email only?
4) Can you trade as soon as you sign up (no KYC level)? How long is the signing up process? Does it require approval? Can you sell directly to them?
5) Do they need KYC to withdraw?
6) Is it safe to get referral codes from strangers and use it to sign up?
Thanks all!
Don't trust any strangers whom you didn't even know personally, because they're certainly scammer in the first place. Binance didn't need kyc for withdrawal, all you need is to transact with them independently and be sure you had enough funds to shoulder the transaction fee. Phone number isn't that mandatory, and you only needed an email for confirmation along with the registration. |
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There is another one called stop market order, it is not common on exchanges like stop loss, but it can be helpful in case the price dropped below the limit order price for the stop loss order. In this case the price if dropped below the limit order, the order will not be initiated by stop loss but initiated if stop market is used. But it will be very good to know how stop loss can help and in a way you will place it to initiate the order if price dropped, this has to be learned on its own also with little amount of money for practice.
Be careful with using little amount of money, because there could be a possibility that you'll be tempted to top up for huge amount if you see bigger potential. Learning is a process, so in doing stop limit quick decision could be very stressful if not managed very well. Emotion control should definitely follow before anything else. |
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#PROOF OF REGISTRATION
Bitcointalk Username: Cherylstar86
Telegram Username: @lyrech086
Participated Campaigns: signature
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Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?
$4000? $5000? Higher?
It would be best if $6k will happen in the near future, we will embrace that possibilities. Bitcoin will also spike more often, next year will become more exciting for entire cryptocurrency market. In contrast with btc, ethereum would also break from bondage of crashes. |
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XRP fall and litecoin took its place. LTC already has a big marketcap now money from XRP will follow it too. LTC price is still cheap and I was thinking about buying some but I didn't due to my funds stuck on some other project. If the BTC market stays stable then the alts market will go much higher slowly.
The fall of xrp has nothing to do with litecoin now, lets just focus on it. Who knows someday both these strong crypto will shine together with strong foundations. Bearish time is still here for altcoins and not yet showing good market as well. |
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Was that price the correction or are we expecting it to hit 20K?
Maybe at $21k price corrections upheld since many holders will going to sell their coins nowadays. Hopefully other traders would learn to acquire self control and avoid weak hands, because that's the reason why most fluctuations tends to initiate due to emotional stress. We can handle it though constant market monitoring and daily analysis. |
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Bitcoin is now over 21k+ now we can ATH and its touch 22k+ What you think about btc next move?
Next move will be $25k or better, let's wait until further highest price would initiate a good value. Right now it was just stabilizing and gaining a good momentum, because most traders are still accumulating their holdings. Traders did buy and sell simultaneously. |
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I can't find the sites I used to use back in the day; any good places to research new coins as they are launching / about to launch?
Particularly interested in anything you can get in on mining right from day 1 or at least very early on, before difficulty is through the roof.
Many thanks!
Even though you're trying to search from icobench, cryptonews website and many other sites you'll still feel so difficult to determine which new coins will launch successfully. It's been a long time since I got a successful project but nowadays, I've been so frustrated because most of it was a scam and not doing any good outcome. |
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Finally we have achieved the most awaited mark of $20,000 now what's next? Do you think Bitcoin will cross the next landmark of $25,000 by the end of the year or it might happen in 2021? As per my earlier prediction based on market analysis I thought the value of Bitcoin will cross $20,000 by second week of December which seems bit sceptical at the beginning of this month but now it has come true and of my prediction goes right then Bitcoin will reach $25,000 by the end of this month as next 14 days will be more bullish or chaotic.
Let's not expect that price will be meet so fast, but we only need to think that fluctuations will have to make it slowly. Most possible predictions will be on year 2021, and not certain that January will be the exact month of commence. However, start of the year will be more difficult because we don't know how people cope up on every expenses. |
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even though the most popular speculation right now is going up to $ 350k,
but still don't know when that will happen, yes experts say it will be at the end of 2021, for me it is still a dream.
That an impossible thing to see this year, we're just only about to see it up to $35k and yet many speculated until thousands? Even if the price struggles to beat $20k this year, the heart warming convictions were still there raging. Dreaming isn't bad, but we need to optimized our mindset in order to prevent frustrations. |
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Ripple XRP is one of the world’s major cryptocurrencies and one of the most intriguing.Ripple’s goals for XRP are quite different from what Bitcoin is aiming to achieve. Both provide users of the cryptocurrency a way to control their own assets, however, Ripple was designed for speed and to achieve some of the lowest fees of any crypto asset. These attributes make it extremely attractive for banks – Ripple’s main target customer – to move large amounts of money quickly, at a very low cost. Ripple (XRP) has a pretty eventful year. A lot of developments have been done by the company in terms of bringing the project into the limelight. As a result, Ripple price prediction may just hit bullish by 2021. Bullish time would be expected at maximum $6 per xrp and it's going to be a glorious day for altcoins. If not having any hindrance, we've going to experience more pumping season next year as pandemic ends and more people will be back to normal on their daily lives. Trading will soon have a strong momentum, so positive effect will happen on every marketplaces. |
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We're too early to celebrate, just think of a stabilized value between $20k to $24k. The price will just roam on that certain level before highest expectancy would come further. This progress is good only for btc holders, somehow other altcoins didn't show anything good for this month of December. Somehow lots of people hoping for brighter future on their holdings as well. |
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I am not investing in Bitcoin, I am staying with Altcoins
Why I am choosing altcoins is because bitcoin is now too much volatile and there is too much hype regarding Bitcoin, Altcoins will be recovered soon and will be hitting to new highs, but in case of Bitcoin, We are not sure that when this bubble explodes. Since we are not sure, investment in altcoin is only the safest option.
Perhaps this is safe when you do long term holds, but right now risking towards altcoins was too difficult because it wasn't yet gaining. Altcoins seasons isn't yet happening, only bitcoin soar higher and not with altcoins. We're still waiting to the perfect moments for alts until it would shakes the marketplace. |
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to be honest, Ethereum is hard to kill, Ethereum's main competitors like Tron and EOS still can't kill it,
especially when Polkadot as we know it is a new project, if it kills Ethereum,
DAPP or the existing ecosystem on Ethereum you have to move to DOT, but unfortunately it's still a dream .
That's it! then why these speculators been talking so impossible here, did they analyze briefly how come they'd able to come up on that certain idea? Well, of course many members of this project is now starting to roll over their mindset and basically a mindset build up has been established. As said killing eth, is hard to do because the community had a strong pillars already. |
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ADA is good project for long-term investment, personally I'm a investor & holder of ADA coin.
The investor are predicted ADA coin price reach $0.30 in this year's.
I don't know is this right or wrong, because my personal opinion is 0.17$. but if you hold or invest in ADA coin, so drop your experiences
In my experience, long term holding of cardano and other old coins isn't doing good right now. Only bitcoin soars higher and not with altcoins, so it's impossible for cardano to reach $1 this year. If there's a miracle maybe we'll able to come up to that certain point as well. |
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