Knowledge is the capital to start everything. Doing something without knowledge it's something fool because you just get some risk.
Knowledge must really be the foundation of all because without this you are nothing but a real loser. Newbies should learn to focus more on their learnings than to their profit because if you are knowledgeable enough about the market for sure more profit will come to you.
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Because most of the people trade with very little amounts od bitcoin, only way for them to buy more bitcoins is price to crash down a lot, but that will not happen. There are some people who wish to see bitcoin crash for other reasons, they support bcash or some other alt, this people or groups would like their coin to be on first place, not bitcoin. In this group belong people who like fiat currencies, they would sure like to see entire crypto market crash. Real crypto followers and supporters don't wish bitcoin to crash, they are good with current situation. Drops and rises should be natural, driven by supply and demand.
They wish for the price to drop because they want to buy more bitcoin but of course it will still depend on the emotion of every traders and investors. Your wish will be nothing if someone is not willing to dump the market. Also even if you didn't wish the market will still dump because its normal in every market.
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Crypto is still not mainstream. Who really use crypto except for trading? It is only on experimental use by some companies.
That's true cryptocurrency is not yet the mainstream and mostly trading is the reason why the price is moving. Of course companies will have to test first before they fully adopt the system but there are many companies now who are using cryptocurrency and make it as one of their primary asset.
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Bitcoin may not take the same way this year but I think $20k is still possible to reach. Yes bitcoin is quiet unstable right not when it pump twice it will drop thrice, but if you believe in long term holding for sure bitcoin are still worth it. We have different story now, lets deal with it and be more patient.
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I always had an interest in new technologies, how p2p works. Later I learned about the blockchain and bitcoin. Crypto currency is our future.
Because of its technology many people are interested to understand how cryptocurrency works, and this is why I'm choosing to stay in this market. A lot of reason why cryptocurrency is the best thing right now, and I know many good news will come and many people will still loved to own cryptocurrency.
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There are kind of people that thinks cryptocurrency is an easy way to earn money and sadly a lot of them are my friends. I try to discuss on how this market works in a room with my friends, a lot of questions are being raised and yet at the end of the day they still think investing with cryptocurrency can make money within the week, so I have nothing to do but let them experience the market.
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you are correct. it is a very good time to buy ethereum because it is the major altcoin and whenever bull run starts ethereum will be one of those fist ones that are going to jump up. but i dont like to go all in for a ny kind of investment it is very risky.
Even if ETH is a good coin I will also not go all in because I know how much of risk is that and I don't want to missed other opportunities with other great coin. The price are quiet high right now compare in the last months but I think its better to have some eth now and but some btc so you can have multiple source of income.
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The cool thing about cryptocurrencies is that they don't obey to the physical market. It won't be effected at all, obviously if we don't have anything to invest that's quite useless, the most anticipated idea is to build a backup now, for those dark times that I hope will come really past in the future
Of course there’s an impact whether its negative or positive, we cannot say it unless things happen. If there is a global crisis again I think many investors will come because they think crypto is safe from that crisis or people will convert their cryptos to fiat money so they can secure personally their money. So basically there is effect of global crisis in everywhere and it will depend on how people react on that situation.
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As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
Newbie should do both Invest your money on great coins and learn everyday and never stop from learning. People are easily focus on earning money without realizing the importance of having the right knowledge so if you really want to succeed better to keep on learning.
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As a beginner, I suggest you spend more time to research about the platform and how trading is done. I will recommend you buy coins and hold them for a period of time before selling them. Take your time to study the market very well.
Knowledge is way morw important than your money simply because you cannot protect your capital if you are not knowledgeable enough about your investment. Keep on learning on how to tradw, don't folloe your emotion and focus on the research that you have done.
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everyone has a different opinion. people who are still precious on bitcoin will always think positively about bitcoin. although at the beginning of the year bitcoin greatly fell but as we see bitcoin still able to survive and start to stabilize again. I am sure at the end of 2018 bitcoin prices up to the moon.
Bitcoin will stand again, and make a new all time high at the end of the year. Its good to see that a lot of people are still believe with bitcoin. The price would be great I think and bitcoin will still remain as number 1 cryptocurrency.
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for me this is the best time to be on bitcoin and have a bitcoin to hold if you see the price it is round 7500 dollar if you have faith on what bitcoin price can be this year you can earn as much as double from your investment today so let us not wait for the price to drop more because the price floor i think is todays price.
I really believe in bitcoin, so I set to buy monthly at no specific price because I know in long term my average will be low and my possible profit is really high. Keep on investing with bitcoin until it reach $20k level again. You must really believe on this technology as many countries are now showing a great interest with cryptocurrency.
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Basically from my analysis, the cryptocurrency market will experience a major increase in this month of June because it experienced a drastic downturn in the previous months and has started picking up back in this month. It will continue to increase this way until it reaches a certain level and then it will stand still for a while then drop a little but in essence, it will yield profit to investors this month.
Month of June maybe a new start of pumping days so I think this market will recover slowly but surely and make a bull market again. If bitcoin hits $8k this month expect the price to continue to pump until it backs to $10k level and hopefully people will not take profit easily.
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All news looks positive;) waiting for the new pump to increase crypto addicted quantity) Want to believe that soon will great price movement.
This is what we need to boost the price of bitcoin, I'm hoping for more good news around the world so we can see the price on top again. This june is a new start of a pumping market, more investors will come and bull market will happen again, patience is really the key for success.
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I think that Bitcoin will not soon return to the mark of 12 thousand dollars. There is also a possibility that Bitcoin will fall to the level of 6 thousand dollars, and thus provoke the fall of altcoins.
The market is unstable, and everything is possible but for me instead of focusing on the current trend better to focus on your long term goal. A lot of noise this year about cryptocurrency and everyone is on panic when they heard negative news about it which make them lose their money. I think $12k is reachable but there is no specific time for this one.
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We are talking about big amount so obviously, yes big investors will only invest on a well-established cryptos. They don't want to risk in a crypto that is still new and still starting to develop.
Big investors don’t think this way I think because their are the real risk taker, most of them still choose to invest on big ICO’s becase they see big potential on that and their possible profit is much higher compare to existing coin.
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Those who will banned it will regret it after some years ahead, they look back to see how the other two groups have make massive advancement through implementation of blockchain and cryptocurrency.
For sure they will change their decision because cryptocurrency is really good for one country. Government should adopt this kind of technology so they can still survive in the future even without a help of bigger countries. I hope that many countries will make their decision in favor with cryptocurrency, and make a good relationship with other countries.
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As a long term holder, i don't care if my investment goes down as long as i know the news and update regarding my investment to make my move. The sure thing i do is bought at lower price if some of my investment get low in price to accumulate more. Then i always stop seeing the price every hour now.
The only thing that matter is the decision that we will be made along the road. We must keep focus and not to be distracted, I don't trade much and I just want my money to grow over time. We are not trading to impress everyone here, we want to earn money base on our hard work and studies about coins.
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Wow, this is too much I think and this is not gonna happen in 2020. The prediction for bitcoin is too high, and let's not pressure bitcoin so people will still come confidently. I think $100k is much more realistic, let's not expect too much for bitcoin so we will not be broke if something bad happen along the road.
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As i already said a few days ago, this year was hard for crypto so far, as banks and governments are kicking cryptocurrencies out from the game. In my opinion, summer of 2018 will be without any certain signs of the bullish market and a last quarter of this year will bring us market going up.
The market seems so unpredictable right now but i know the bull market is soon to happen again. Yes, some government are trying to banned cryptocurrency but I think this will not last forever since a lot of countries are now adopting cryptocurrency and there is more way for other countries but to accept it so they can help their economy grow.
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