If we will rely on the indicators, it will finally pump few more days from now. But when the whales play and once they entered the market unexpectedly, the game is already controlled by them. Many traders already liquidated and disappointed because it hit down to $5.7k last time.
I will still hope bitcoin would not go as below as $6k.
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A typical advice. Whether you say it or not, this is an obvious actions to be done by a crypto investor. Buy when the price is low as what the market tend to show now. Sell when the market is high probably wait for a few weeks. And HODL for the owned coins that are for long term investment whike stuck up with this bear market.
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As what other's said, just trust your own TA and do not listen to someone else's prediction. They tend to put you in a wrong predictions. Thus, without pointing anyone else when predictions did not happen but just stick to your own TA.
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In the year 2019 an so on, the ethereum cannot defeat bitcoin in term of value, bitcoin remain the first and most expensive of all coins on the market, for me not already done the coins to defeat the bitcoin.
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Let us see if it will hit your prediction to $20,000. As you see, bitcoin is kinda hard to predict. Their are tons of hindrances like fuds, whales, hacking things, etc. That will probably be the reasons for the bitcoin to prevent it to hit that price.
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Trx's price now is dump like hell. Buy some more of trx now while the market is on the red. This is the chance to buy trx as low and sell them right away when the market will recover to earn profits.
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I'll support this idea all the way. This is to encourage the starter who cam to just knew about bitcoin and also to boost the our confidence everytime we read success stories about bitcoin. Also, it is also good if they will also share their hidden strategies on their journey as why they becamr successful.
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Never lose hope for something we know that it will gonna bounce back but unsure when? Yes, RSI and other indicators said it was already oversold. But then, whales are there to control over it. And in different time frame, lowest time frame to highest time frame are not conniving though. Hope, it will recover soon.
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The market is gradually down at the moment and eth is one of those who are affected with the dump. But still has a hope it will sometime go back from it's high price and continue to be success together with bitcoin.
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Once you know about cryptocurrency, you already know the scenario it will give like pump and dump. So, why worry? Just hodl and wait for the market to recover. And take note, not all altcoins are connected with the price of bitcoin but "most" of the altcoins are. There are still few who are still continue to grow even if the hell come because of the fall.
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Indcators are very important for a trader, so first and foremost, spend time to learn about reading the indicators. Also, set aside any emotions when you are a trader, it couldn't help the situation to be better if you are emotionally in touch.
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Right. We have to be vigilant in all that are coming and all the things that are actually changing including how the market changes. Also, you're right that retail investors can study other strategies than the older one that have been introduced because the market is hardly predict and read than the previous years. But you see, we caanot forget about the past, thus use that past and integrate new learnings from it.
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If they will fo a group that ensure individual's safety, then I will agree on the taxes our government tend to add. If it is worth taxable then there is no problem on my side. Hope in reality, our government will implement that scenario like what you have think of to protect us in the future. Crypto transactions nowadays are not a joke so people needs more security from the government if in necessary.
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Easier said than done. Investors are already felt worried about these serious dump happening in the market. It is because they have invested no joke. I mean a huge amount of money and they are having a loss now. You can say that investors can still be hodl for a long term but you're predictions about bitcoin going up to $10k will be on the year 2019. And since it is only a prediction, it is unsure yet.
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Already read that root world hodl before and the second time i have read it, i still laugh about it. But anyway, some telegr group advises us to still trade some coins even if it is really in a bear mode. Buy in lowest price but sell in lower price. For example, it is quote disappointmemt that i bought $12 for eos amd it goes down $8. So why don't we buy eos for $8 and sel it for $8.5? Small profits but still gaining.
But for that more potentially coins, i still go for HODLING than taking a risk for trading. Whales are still manipulating the market though, i must say that trading in this red matket is really dangerous and quite risky.
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Even if the price now is so disappointed, i am still staying in cryptocurrency world. Most of my invested coins are actually affectes by bitcoin's full. But i am still not worried and will still stay and hodling it until the corrections will come.
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Your conclusions were actually true. As you can see it hit down $5,800 yesterday and it gives hope to some people like me to finally have atleast 1 bitcoin. This is what other people are waiting, to experience hodling btc and trade it with profits in high price if possible .
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It somehow good for some investors to atleast try other crypto investment aside from bitcoin. Altcoins are created for it's affordability. We all know how bitcoin cost, so producers and crypto lovers think of a way how cryptocurrency aside from bitcoin, with another blockchain but lower in value will fit the investors criteria and they found out the alternative way about it, which is the altcoins.
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Indeed a very useful information. Mostly, too much greed will not run a good profits. Hence it will just lead in too much losses. Even if i am not new in trading, there i always have problem when to enter amd exit the market. Also, i am not updated in the news and that is also one of my weakness. Thanks for this post. Now i am aware of it.
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Most of the time I don't want to hear what these celebrities say, because most of the time they say things that affect the whole market too much. So that's not a good thing.
Correct. And not all celebrities are trusted. They are just used by cryptocurrencies to increase the popularity of their coin. Thus also increased their value. But usually, their endorsements are full of scripted lines and didn't really understand cryptocurrency.
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