Bitcoin plummeted again on September 7 2021.BTC dropped by 54.7% on March 12 last year, by 12.54% on September 3 last year, and by 29.99% on May 19 this year. And 18.65% on September 7.
There were four reasons for the fall on September 7th:
1,The fall in US stocks caused Bitcoin to fall at the same time.
2,Singapore regulation.
3, SEC wants to sue coinbase.
4,It is related to El Salvador
Are you scared？Is there any hope for the future?
Being scared will not help us and it will surely push us down and loss,because our decisions may become affected by our fears. There is no need to scared or we can't be scared look at btc price from 2018 and compair the present price today, by only looking at the price we can surely say that the person who does not get affected by their fears and have a strong hand to hold are now millionaire. |
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Bitcoin price is still below 200 Daily MA/moving average which means very weak. Is this the time that we can see bitcoin below 40k$ or back below 30k$ is there something wrong or negative feedbacks that cause this dropping of the price? Do you have an idea about this dropping guys?
i heared a news an hour ago that this particular drop was caused by a combination of factors that may have made this drop more severe, Noble theorizes, from excitement about low-quality coins, to negative remarks from Elon Musk, to China's latest crack down on crypto services. I hope this will help you guys understand why btc price drop down to 42k$. |
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Good season for all altcoin I have noticed this year has been so Good for all altcoin since from 2018/19 after the 2017 bloody season many project has been struggling to survive from the pains, 2020 would have been another favorable year but Covid-19 bounce each an everyone's door causing another great challenges, some of project that would have launched early 2020 folded and waiting for the air to clear so while many plans were delayed but this year every project seems to bounced back, what a great year! i called this year a year of Doge  And how do you see this year? For me this year is the year of crypto. If we are going to put basis on the market situation and compair it from the fast bullish market last 2017 we can see that the movement and the price has really a big difference specially the btc and the ethereum price they both having a big rise this year and if we are going to think about it maybe we can see that we are too late in buying it for now because price is very big and risky. But I also noticed that there are still a lot of altcoins that start rising with a very low starting price which is good for short term investment, example are Solana and Avax. We only need to pick the best altcoin today to earn. |
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Hello everyone.
Where do you see the bitcoin price in the next few months, especially at the starting of 2022?
It's around $45K right now. Experts' opinions are needed.
I am not an expert but I believe that the bitcoin will soon rise and reach another ATH, because bitcoin is now very well known and many more institutional investors have invested on it this year. Bitcoin is also being legalized by some countries. So what ever is the speculation made by some fuders I still believe that Bitcoin has a high capability of rising next year because it is not only about the legalization bit it is also about mass adoption. |
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Can Ethereum really reach 10k?
And if yes, when can it reach 10k?
Ethereum is at 4k currently.
It will reach 10000$ I knew ethereum will reach 10000$ in the near future, It will takes time and we need to be patience 10000$ is high price but ethereum is a promising coin and I believe that in the next few years from now ethereum and any other crypto coin will become more popular and many more users will use it by then price will surely rise. |
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Will BNB be worth $1,000?
The value of BTC and ETH is determined by consensus.
The value of BNB is determined by the credit of CZ, but it is threatened by regulatory policies. If Binance goes public, the value of BNB will rise or fall, I think the value will fall because the value of BNB will be decoupled from Binance’s profit .what do you think?
Binance is a very big exchange no other exchange can surpass binance at this point of time and it's present price is 503$ so there is a very big possibility that it will reach 1000$ soon. We can put basis on the top coin btc and eth only few person believe that the price of the two top coin will reach eth and btc will rise up high. |
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It is hard to believe now that the bitcoin price will reach 100k$ by the end of December, because there are only few months away to December and the Bitcoin price is still at 50k$, I saw that the market is good and still bullish but the time is really short I think we will see another ATH but not 100k$ it will be 70k$ to 80k$.
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OP needs to think carefully before deciding with meme coin, you need to understand it's simply a joke created thanks to a big fomo from the community and when people have received big profits then projects like waving will no longer be worth much. There are not many coin memes that make a mark in this field, so don't be too dreamy or put your faith in it, we are in a field of technology that needs more meaningful and useful solutions.
I agree on that mate we need to make a proper understanding about meme coin. There are people that is lucky on investing on meme coin but there are also people that loss investing into it, sometimes investing on meme coin depends on our luck and we need to think twice before deciding on buying this type of coins. |
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I agree with you especially nowadays a lot of ETH has been burned and when ETH 2.0 is launched, then it will have a positive impact on the price of ETH and of course it will make it easier for the price of ETH to reach $10k or more, therefore now is the right time for us to invest in ETH and hold for the long term, because I believe the price of ETH will continue to increase very high in the future and I don't think you need to have at least 1 ETH to invest and hold ETH, because even if you invest under 1 ETH, then of course you will still get a big profit too when the price of ETH increases very high.
But it would be even better if you can hold some ETH, meaning more than 1 ETH is a very good thing, but if the ability can't reach 1 ETH, it is also very good because holding back anything as a result of being forced is not a good choice, even if being held back it is an already excellent coin in the cryptocurrency space. I agree on that holding ethereum can give you a huge profit, it is a little bit risky to buy right now because of the price is so high but of we don't take the risk we cannot earn, CZ says if we can't hold we can't be a millionaire, so holding is important we need to hold if ethereum reach almost 4k$ it has a chances that it will reach 10k$ in the near future. |
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I will use about 80%(About $2000 per day.) of my funds every day to invest in cryptocurrencies.
Can you give your suggestions? For example, 20% btc futures, 20% altcoin, 60% btc spot.
And how are your funds allocated?
Well i think it is better is you give a big allocation to altcoins than bitcoins, because there are a lot of altcoins now a days that is profitable to invest or trade, because for me I prefer to choose some good altcoins or on altcoins that rank as the top ten altcoins and you can simply see them on CMC. |
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I never believe that ethereum will not reach almost 4k$ before but it happen it is now 3,913$ at price. So 10k$ is possible to reach but it takes a lot of year or a decade before this could happen. Price is still depend on bitcoin if Bitcoin fall it will surely fall but if Bitcoin rise eth will surely also rise.
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It's joyous to make gains in trading. The problem is how does one control his mind when there is a huge lose
Losing a huge amount on trading is so discouraging, I personally experience a big loss and I am really disappointed about it. But i still need to continue to get back the loss money because I believe trading is not that we always loss, sometimes we will also earn on it and quiting is not a solution, how can we get back the loss amount of capital if we are going to quit?. Always think of it, and then you will see how ok important to control emotions in crypto trading. |
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what do you think by the sudden move of the Ethereum price not even determining the gas price so high  all day high $3,836.87 and the low $3,540 Do we see 5k Eth price by end of the week or month? I think we will see 5k$ eth price at the end of the month. After a burning there is no other big news that being publish about eth, maybe the eth price is now almost 4k$ because the Bitcoin is also bullish it is maybe the affect of the rising of Bitcoin price because if Bitcoin rise altcoin always follow. |
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When Bitcoin goes down from 80 to 29, it goes up and down there for a while. But now it is going up and down again. But 50k the moment it is fluctuating again. I have learned from some news outlets that many people have exchanged views that Bitcoin will cross 100k by the end of this year. I would like to know the opinion of the members of the forum.
100k$ is possible but we still need to be careful on making a decision about investing we still need to have plan because even if there is a chance that the price will reach 100k$ there is also a possibility that it will not reach or maybe it will go down in short there is no hard prediction that we can surely see 100K$ price at the end of the year only time can tell we need to wait for it I agree we cannot predict the exact price of bitcoin, all we can do is to predict but sometimes prediction is not accurate, everything is always depends on the news or updates and development status of Bitcoin and of there is a good news soon it will maybe reach 100K$ but if there is a bad news it will also sure drop. All we can do in this bullish trend is to control our emotions. |
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No one can predict the exact prices and even the range of prices. But in this cycle, ETH prices are greatly influenced by the fact that about 6% of the offer is already blocked on the deposit contract, even more ETH is blocked in DeFi on all possible blockchains and part ETH is burned after the adoption of the EIP-1559. These are all bullish factors that have a long-term impact on the price.
I agree on that we need to still set a limit ethereum and Bitcoin is really looking good this time they are both in bullish stage and I believe that investing in a short time on both btc and ethereum will bring us a good profit soon. Because I see that both coin is on fire and it will sure teach a new ATH soon. |
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Well sometimes there is always a possibility that we can get loss and there is always a regretted but I think that was normal, because we are not perfect sometimes our decision wrong and we will loss, but it is a part of a traders life or investors life so the best thing to do is to continue and charge our mistakes to experience for good.
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The decrease in the quantity supplied was one of the factors that lead to the continuous rise in the price of Bitcoin and it is expressed in what is known as the Bitcoin four-year cycle chart. Do you think from this point forward price will not correlate with the halving? I mean that the effect of the "halving pump" is over and has not become as effective as it was in the past as the price will not be associated with a significant increase after a year from the last rise. There is still more than 100 years of mining to reach all the total coins and therefore it must be broken within a few years or become of little impact, especially with many coins in circulation and few of them to be mined. Based on the Bitcoin standing and in some good news that we always hear, I think the four years cycle will continue. However everything still depend on the upcoming news and in upcoming updated about the development of crypto in the near future, everything may change so we always need to invest an amount that we can afford to loss. |
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Bitcoin price is increasing so fast such that some people wish they borrowed and bought bitcoin at 29k some weeks ago
I want to know if it's much risk to borrow and purchase bitcoin like it is to trade bitcoin. However, the market is pumping, and it may seem like a good move if the loan is not for lunch, rent, and family bills which account for our daily needs (That is, my daily needs have been taken care of). Thus, timing is another criterion to discuss. How can someone know the perfect time to pick such a desperate gamble? We win or lose in trading or holding bitcoin but, I presume with the help of experts in this forum who have gone through thick and thins in this market, good guides or rules can be shared for users and newbies in the forum to have a grip on the market and know if borrowing is appropriate. It does sound thoughtless but, borrowing is part of the business. And we must prepare for the best as well.
Thanks, I'm ready to learn.
Bitcoin is high on volatility its price always moved and changing, you must know how hard to hit a moving object because Bitcoin is something like that it always moved and you need to hit it with you're limit price to win it, I believe in Bitcoin and holding it is really profitable if you have patience, but if you are greedy and lack of patience just find another ways to earn. |
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Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?
if you are in a learning stage you must do basic and more research about trading. And always remember that you need to be more moderatien in the capital that you used on it, use only a small capital to avoid disappointment, I believe that most of the newbies will experience loss, so the solution is use a small capital or an amount that you can afford to loss. |
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