Well nope it was not like the altcoin season before that almost all the altcoins in the market were pumping even the shitcoins. Only few DeFi tokens were increasing so I can not tell the same as alt season in 2017 - 2018. Sometimes I doubt of the DeFi tokens because of low supply it can easily to manipulate it, they can pump and dump.
Pump now ill only depends on the project quality. Investors were smarter now to choose where to invest unlike before that many thinks that once it's a crypto it have a potential, now we already learned that only few really can keep their project and have real goal. DeFi can still pump provided it's development or developers still gives update or provide unique ideas on it.
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If you look back at 2017 pump it was average users like us who got the benefit of bull run as Bitcoin was easily affordable before the bullrun hence a good portion of users had bitcoin in their portfolio as there were not that much altcoins available in the market. But this year who has gained more ? Is it average users or else institutions and traders who made most of it? I think it's trader's who bought at cheap and sold at high because institutions are yet to cashoutm what do you all think?
Everyone who is able to hold this long when BTC reach $40k is a winner, actually we can all consider ourselves winner for having BTC while others are still doubting about it's usefulness as well possibility to gain profit in trading or simply just waiting and holding till the time like this happen. We are winner in terms that the risk we faced is paid off and that we're able to hold this long, those who cashout from 2017 and still Continuous to use crypto or have BTC can consider themselves 2x winner especially if they were able to enjoy the 2017 pump and still have left some as their investment.
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It will take some time.
There are a lot of people that are so amazed by how the price of Bitcoin rose to $40K. It is more than $40K and since it is still hanging at $36K right now, it still has that potential of increasing to $50K or maybe $60K. That price level is possible but I don't think it will be reaching $100K this year or the next since I know there will be a lot of people that would take advantage of the next ATHs.
Many already sell their holdings when the price reach it's ATH recently but now that the companies were engaging in crypto and many known or institutional companies is into it reaching more ATH these year is really possible since more companies might explore BTC too, as the economy struggle, bitcoin is pumping since many finds other ways to shift their investment in a much active platform.
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Having broker when in fact you can do it on our own is simply a waste of money or a charity given to give money to others. It's understandable if we're too busy from other things like our job and still see potential in trading or investing but when it comes in gambling, It's not necessary since it's base in luck and not skill based, we should not depend on others luck,play only if we can and risk amount we know we can afford.
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if bitcoin has reached $100k then it is very unlikely that it will return to zero, at that time price decline may only be $50k and the decline is just a correction, after which it will be more stable or higher. this is just my speculation and I am not an expert
Correction is always possible in these market but it's still hard to determine upto how much BTC can rise in a certain year. I know it will be able to create more all time high but the question will be always when. We don't need to expect too much as long as we're able to study and monitor it's progress by keeping updated in news even the market is too volatile we can still have a chance to earn. Once it reached a certain amount the possibility of exceeding it sooner can always happen like &$100k to more than that but definitely with a corresponding corrections in between.
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in my mind, will it be safe? and will it be effective? at first glance like mobile banking, this application I personally it's better to use the internet than this application, it's too dangerous if crypto transactions rely on SMS, the worst thing is hacking data from the cellphone number that we registered
It's quite questionable also if transaction is offline, I know it's irritating also when we need to have a transaction but there's no Internet, but if it will be made offline it is much more riskier and prone to hacking as others might access the account without us noticing it. While it's good since we don't need to spend money to do transaction there are many Side effects that can cause us more lost than profit in using the method.
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In my experience, there is only little advantage for me if I have large capital. That is, as already mentioned, staying longer on the table. Because most of the time, I only stop gambling, if I have no more money. Because once I go inside or log in in a gambling site, I know the money that I will be spending is really considered spent already. The risk is still the same but the advantage of being able to recover loses from betting all over again can help having a huge capital to use in gambling. Though it's much regretful if it will all be at lost. But if we think we're too good in gambling and have high hopes that will be able to win then setting up budget for gambling can be fine.
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I was like a horny teenager who cant wait to blow his btc payment in the advertised casino.
If you do that, you will not save bitcoin from your payment because you use all of the payment amounts to gamble and want to make more money. That is not good for you because I think you should allocate some money to gamble, and save the other amount from being sold at the highest price, so you can be able to make a profit from your payment. Sooner he will realise it too, for now let him enjoy the payment. I once was like that but in the end realise that if I save or invested the reward I will be able to get a lot of profit when BTC pump during 2017 peak. After that I really make sure to only use minimal amount in gambling since I prepered to save no matter how big or small the reward is.
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In addition to that, we were able to discover skills that we didn't know we are capable of, one of which is our capability to run a business. Or to write a blog that is included in OP. Investing in ourselves and making ourselves our own boss would give us a lot more worth and satisfaction.
The Pandemic opens a possibility for many to be a business minded and not rely only on their jobs. There are plenty of my colleagues who already stop working and focus on their business created during Pandemic. Online Selling is really popular now as well trading in crypto than in stocks. Discovering that we are able to sell and trade can bring us deeper in something that we are really interested to do.
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Reinvest if you plan to do trading or plans to be updated in monitoring the market so you'll know when you gained profit. It's always good to buyback especially if your last withdrawal is already in profit. The recent pump teach me to sell some but to still keep more since there are many companies that might join the hype sooner.
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It's so funny to read some of the comments here. Dear people, there are no shortcuts in life and if you value something you should put all your best effort and work into it. You guys don't understand that those who benefited most from bitcoin are the ones who spent countless hours researching it. Feel free to leave bitcoin then, honey badger doesn't care
Those who are able to managed it properly and take advantage on it can really earn a lot. I can say I earn more in trading crypto as well just holding BTC than in my current job. But it's not just holding it there's a need to determine the right timing, the news and all in between about BTC to really gain profit. Those who invested early when BTC value is too low really did a good decision on holding on even the volatility is really high. It's good to leave especially if you're satisfied already with the profit and if really in need.
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Huge capital needed if you want to become a rich guy through trading. As you have said, it's not everyone that becomes successful from it. But being an investor and holding it for a longer time has a better chance of doing it. You can utilize the risk if the market crashes because your only move is to buy with those low prices if ever it happens. And if the price starts to increase, it's the only time you'll start selling. But not everyone is patient enough to wait for those prices to go up.
If he's too good in money and handling it there will be no need for a huge amount to really start, some where able to start with only limited amount, it's sometime through knowledge we can really earn, we should be smart to know when to sell and when to buyback. Before even there's is no huge capita to start being able to join in some campaign can help to start trading now we need to gain more knowledge and alot our own money to start.
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These are signs of Bullish market, people like these are the ones that are going to buy from you and buy the top thinking they also will make 100X buying at the top, Crypto is a cycle and those that timed it well will eat the reward, I am not saying we have reached the top but most of these people will end up holding our bags.
It's better to hold for new once and wit till the market boom more sinceany companies might be joking crypto more this year after setting up new all time high, others probably thinks that BTC price reaches high in every 3yrs. We can't tell them what they really can do but we should be mindful of not giving them too much high hopes, just let answer if they have questions in terms of transactions or explain if they don't know how it work.
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Bitcoin is currently experiencing an upward trend in price. the end of this year may exceed all expectations. We have all seen the rise in the price of bitcoin at the end of 2013 and the end of 2017 was fantastic. now it is the start of 2021 and we are already seeing more upside opportunities. It seems that we will be surprised by the price increase every 4 years at the end of the year. Even though this year the highest bitcoin price was $ 37k, at the end of the year the chances of a bullish market will be even greater.
We will just let the price be it's price, we can't predict it's price to price or down too much since the target now of institutional companies are BTC and if it will help them alot to gain more profit in crypto if they can attracts more big companies. The price may set new ATH faster if these setup of companies Continuous.
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Any figure may arrive because the market is very volatile, nothing is impossible, now the fact that it arrives so low right now I do not see it feasible, because there are many investors protecting their positions, in fact, I think it may be more reliable that it reaches the new ATH.
This institutional companies will not sell their investments this fast, they will sure wait for other investors to get in before they will do selling to take some profits even Pandemic or there is another variant btc been the new platform of investors since stocks were greatly affected by the economy. We will need to be patient with our investment now that many companies might join also.
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I am a short term holder. I don't target a very big percentage of profits. If I see my crypto coins already reach more than 50% improvement, I often sell the coins. Then, I buy again the coins when they are in a correction or move to other coins for new assets. This is my humble strategy for now and quite effective for me.
It's always good to take profit, it's better to sell in profit than because of stopping losses. I also sell some ETH when it pumps same with some altcoins when their in profit since it's not something that always happen. I just make sure to always left some of top alts or altcoins that are still improving in their product. Having BTC and ETH to hold is still my priority.
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many of those who still hold bitcoin their life has changed for the better I am one of them since I got to know bitcoin the economic changes in my family are getting better.
Sometimes it's really good to take risk, I doubt BTC before but still push on buying and investing some and hold it since many says that time it's the future currency and I just follow my instincts and bought as much as I can. Those who know how the budget surely still enjoy the benefit bitcoin gives. It will still depend on how we will use it wisely for the better.
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We cannot blame them because the market is on a great position right now, and I wonder where are those guys during the doomed season of cryptomarket. Anyway, its not too late for them to get into this market, they can have more good coins while learning the system of cryptocurrency and if you have a friends that needs your help, its fine to guide them but never to spoon feed them.
Many didn't not believe before or already told that BTC will not reach another heights after the 2017 pump. Whenever I suggest other to buy some BTC as investment they are really hesitant since they think it will not pump again until this year happen and others just keep buying by themselves and Plas to hold in long term until the price sky rocket again thinking maybe another 3yrs and the price will reached new ATH again.
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Welcome here the Ann thread looks nice as well the website itself. It's clear and indicates info needed but for fast and better transactions it will be better if you will put a FAQ tab and add some info like what currencies are accepted and other common questions found in casino. I will check often the website since it offers many games hopefully soon there will be a free play or option that can try to play without depositing or registering email just to check the game performance especially for new casinos.
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I think I have heard the news in a well-known casino in Asia, where they are cheating the casino together with the banker, they were betting without any money going out, instead, the banker is giving them chips, they were groups in the table, maybe they are doing it in a long time but the bad things is they were caught when an officer of the casino saw the banker giving the guest chips and bets it, they were also monitored in the CCTV for a while then approach by the management and with the guards.
People nowadays uses trick or uses people to do business, atleast they were caught now. Casinos should be more observant now especially that many countries still in lockdown due to Pandemic. They can easily see who is cheating or doing unnecessary moves in able to win. Now that casinos were more in online transactions they can tighten their security physically but also they need to adopt in new technologies to keep their business.
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