Trading financial instrument , derivatives have high risk , and having full knowledge of risk management of position size is a key to make a quality decision. The fundamental impacts news can make you rich or rekt you especially when the hype in social media get built up. Many people lost their portfolio because of lack of market structure. Not every dip or rally you jump into. These is my view why many lost during this Bitcoin decline.
You can't move on easily when there's a sudden loss, that's why panic usually the cause of every struggles during Bitcoin's decline. We should be able to withstand once price starts to go down, because if we're dumping our asset totally without having proper analysis I guess you won't be able to gain another profit after correction. Facing the risk would actually benefit us, but be careful in every steps you make. Dealing with this market would be likely a gamble where you do really need to risk for you to able to earn, this isnt mean that treat it as a gambling though because this one really needs off some serious and good analysis in regards into your possible next actions to make. Bitcoin price could really decline from time to time because this wont really be called a market if we would able to see continuous price increase. There would be always a consolidation or accumulation phase where there is a time that it is really needed to be corrected to make it balance. Traders/investors do need to profit which means theres a selling point.Somehow with due experience you would able to grasp on with this situation. |
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If the celebrities advertise and support bitcoin it is good for the community because it will spread the bitcoin to their supporters who is possible to become future investors of the bitcoin.
The more celebrity will expose bitcoin to the public the more chances to grow the value and it is what really want to happen. Hoping that not only the celebrities endorse the bitcoin but also the government will advertise this coin and Im sure that many people will invest and the price will grow more.
It's certainly right. Celebrities that posts about giveaways via cryptocurrency is a huge promotion/advertisement that will help to spread bitcoin's influence. Any publicity would really be counted as a good advertisement which would really add up the adoption or awareness of bitcoins existence. The thing here is that those celebs should at least give out some positive insights towards bitcoin rather than negative because it can really affect if it would really be just pertaining about its cons rather. As year passed by then we can really see these kind of events where celebs or any other popular person in the community would able to recognize this tech. |
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This market wont really be similar just like forex/stocks due to volatility.There might be some similarities but wont really be on the
behavior itself when it comes to price movement.It is moving on unpredictable manner.On asking if it would increase or not then
this is a never ending and a common question that we would able to read into this market.If someone knows that on where its going
then he would make out money or profits guaranteed which we know that it is impossible.
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Why would they fight? It would be useless because no matter how hard they would try they cant beat up BTC, they cant beat up fully decentralized thing.
They do create their own coin, then what for? this isnt different with digital fiat that we had been using up for years already.
The thing here is that they might really be redirecting citizens perceptions towards crypto and do tell that real digital currencies are to those
who had been made of by them.
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^^
There are many users that invested in XRP in the past expecting the market to rally when the altcoin season starts and it is true that there were many speculation and paid advertisement from the XRP to pump the price and many institutional investment firms had a huge quantity of coins in their holdings but once the lawsuit news came out they will try to bail out without taking much damage.
Paid advertisement? I haven't seen one that XRP did to advertise themselves in any media. Even in the forum, I haven't seen one. If they did and probably I'm absent and didn't paying attention to them. Do you remember what kind of ad that they did? Advertising to pump the price? I think that's more applicable to another coin that did it many times in the past. I havent noticed as well about thag XRP adverts or shill out for some next possible move for the project and just like other projects those top alts are bit quite when it comes to development or progress and when it comes to speculation it isnt necessary to have some events because each one of us can make one which might really lead into domino effect and will giving same sentiment and will continue further. |
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The Bitcoin Cherry Burst at $41,515 Jan 8,2021. Are you ready to wait 4-5 years before the next one? That will be 4-5 years of lowering and stagnating bitcoin prices, as history has repeated since bitcoin began. Or Do you believe history will finally quit repeating itself and your Lambo is on order.  We are just humans and theres no way for us to predict on whats ahead but at least we do already have the glimpse on what things happened in the past. History repeat itself? Depends because if we do compare to those years where adoption isnt really the same on what we had reached as of this moment then we can really tell the difference. Bubble burst on that time and now i dont really be seeing the same scenario.Well, its not a sure thing though yet chances will always happen. So it will vary on the demand. |
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It won't ever replace FIAT.
Fiat can scale infinitely because it is centralized. There are zero bottlenecks with FIAT.
If some magic happens and Bitcoin replaces FIAT however, it would be same as FIAT without any physical bank notes...
Bitcoin supply is limited and it is cornered by a few people. It would be total chaos and the governments would fall and the next world war would begin.
This is definitely right! Even on my wildest dreams i never think off that bitcoin would able to replace fiat.Do we really think that government would just allow for those things to happen? Decentralized things cant able to placed on whats had been used for thousand of years which is money, maybe in different forms but government do still handle it out. What if question? I cant think off because there would be lots of situations will happen along the way.They cant just simply allow for this thing to happen. |
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Hi, I was browsing about 50 pages here https://www.blockchain.com/prices?page=50 then I gave up and googled it...there are more than 2000 cryptocurrencies! Why? The fiat tends to reduce thanks to EUR, what's the purpose of so many cryptos? thanks The CoinMarketCap table shows that there are currently 8304 types of cryptocurrencies. Whether we like it or not, however, the number of cryptocurrencies will continue to grow as long as the conditions for this exist on the market. Since everyone can create their own cryptocurrency, some create it to embody innovative ideas, while others just to make money from it. We cannot influence this process. We can only support a certain cryptocurrency or not. If there is no demand for cryptocurrency, it will eventually disappear from the market. We cannot even say yet when and how this process of creating cryptocurrencies will end, but this is a good way to improve and develop it. The market had flooded out with lots of shitty coins in the market which we dont actually need or not really relevant anymore.We do only need few but people didnt stop on making one and most of the reason will be likely on they are hoping to make money when the community do able to support it thats why they are taking some shot. We dont actually need or lots of coins in the market. Only one would already be enough but people are wanting to create something much better and cooler. Expect that it would continue no matter what because lots of ideas that do pop out in mind. |
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Trading financial instrument , derivatives have high risk , and having full knowledge of risk management of position size is a key to make a quality decision. The fundamental impacts news can make you rich or rekt you especially when the hype in social media get built up. Many people lost their portfolio because of lack of market structure. Not every dip or rally you jump into. These is my view why many lost during this Bitcoin decline.
Pretty basic but the hardest thing that can be done into this market.Lets say you do have all the knowledge towards things when it comes to decision making neither you should enter or not on a specific situation because you have seen the indications for you to get in or not but doesnt mean that would really be giving out precise results basing just only with fundamentals but well having this kind of analysis is much more better rather than having nothing at all. This market is feirce and you should really be careful and be smart on every action you would make or else you would really be fucked up. |
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~
When it comes to bounty campaigns you can't always get what your heart desires, if you want bounties that can pay in ETH you have to be on the look out for such bounties, they still exists till date but they get filled up pretty fast than others that pay hunters with their native tokens and also I recommend to start following reputable bounty managers like bubbalex, fatemablabla and small rabbit, they are more active this days than many others Ive been following bubbalex which i can say it is worth to wait for the projects that he might possibly handle out rather than on risking on joining into some bounties which had been handled by new or unknown managers. Im not saying those are shit but most of them are, the difference when you do stick out with known ones is that you can really at least assure that the manager had done his best on searching up first before you do before selecting the project that he would tend to handle. |
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What does it matter even if the dump is as a result of the article, btc has face worst fud than this and worst dump than this and still recover with full force, I believe this dump presents an opportunity to accumulate those who understand that buying the dip is not a idea.
True, when it comes to fuds and other scenario then this isnt really that too serious nor a thing to be bothered. Why people do really connect out situations without even thinking back that this had been a typical situation that do happen in the market? Small percentage price correction or dip doesnt signify that there are things that do happen. Double spend? This isnt something to be shocked on. Also the price hadnt able to break its strong support. We are still playing around 32k as of this writing. Dead cat bounce? I dont think so. |
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Are new projects supposed to be well successful today to pay bounty hunters their promised payment? If they raise huge amount of money paying bounty hunters won't be a big problem, am I right ?
The question is - would they able to get sufficient funding or investment? The question is - would they able to pay even if they had succeeded and wont scam out those bounty hunters? Everything would be still questionable because there is no such guarantee that those arent scammers since from the beginning. |
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It was 9 years ago when a TV show, The Good Wife has dedicated an entire episode, aptly titled: Bitcoin for dummies. I think its one of the best exposure of bitcoin to people around the US and the globe. I think the price is around $5.00 when they aired this show.
Looking back, bitcoin really took off in the last 9 years and if someone have seen this show back then and was 'inspired' to invest, then obviously, they are now self made millionaires.
Still depends because even those people who had seen this one but still havent made any actions then they do still miss out that golden opportunity and now might still be regretting that they should have at least bought bitcoin on that time. For those who risked up then they are the ones who do make out significant money until this very moment or even on earlier years where bitcoins price do able to reach up on early peaks. We cant predict the future and we can just tell that theyre lucky because bitcoin had able to climb up this high. |
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Risk level is the difference between gambling and trading and also with the set-up on how things should be dealt of and we know that trading is something that do need proper analysis and knowledge for you to benefit on.
There's no assurance when it comes to profitability but somehow it can give out that opportunity for you to make money with less risk compared on doing actual gambling.
Just do your work and research with some little bit mix of luck when you do trade. Gambling is for pure entertainment and we know on whats the difference clearly.
The biggest difference between trading and gambling is that there is no way anyone can win long term with gambling, you will always lose, whereas trading could be profitable in the long term. If you gamble against the house edge, you are going to end up losing your money because mathematically speaking the odds are in the casinos favor and you are not doing a profitable deal there, you will end up losing it. Whereas in trading, you could do two things, either you can get out with a loss and that is your choice if you do not want to wait, but you can always just end up waiting and eventually it may turn out to be a profit as well. Nobody forces anyone to make a loss and you will be capable of profiting. Obviously these things are a bit hard to handle, but at least they are possible things in trading but it is impossible in the gambling world for sure. True but you are not seeing the reasons of why this happens, and as I said above the key to all of this is risk, when you gamble you are taking a risk and in fact if you know anything about probabilities you can calculate your risk very precisely and anyone with a decent background on that field can tell that over the long term you have no chance of winning, but when it comes to trading you can win but why? That is because you control your risk, you can avoid to invest in bad projects or when the market is going down significantly and if you use money management skills then most likely you will become profitable. Both are different things thats why you can really tell on how you would deal with it and gambling and trading is really different. Yes, you can really make out analysis on the other side and the other one you cant really make one because it is purely relying on luck alone. Trading doesnt give out certainty but with due experience you can able to handle out those risk even though not completely but having this will really give out some advantages. |
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How long until this happens?
Well, nothing is impossible here on crypto world but talking about this possibility then it would really be on near-impossible chance to happen. Lets say bitcoin can really be replaced anytime soon into its peak spot but it would really be taking or need to get those whom support it mainly since this is the father of all cryptos and altcoins would really be just an alternative no matter what. OVertaking bitcoin marketcap is nearly an impossible thing unless if people will switch up to ETH in full scale specially on other alts supporters then it might be but we know that this would be impossible. |
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Our hopes are high up again with expectations from the new government, will campaign promises be fulfilled? Or are we about to get something again that we didn't bargain for?
With the inauguration of Joseph Robinette Biden Jr. as the 46th president of the United States, what is to be expected in the economic world?
What we had heard of when we are still in pre-election phase? Lets see if he would really be following it out or would see a typical promised-based words which wont really happen into his term.We dont know on whats up to his mind and decisions will really be varying on several factors that might really be changing up on what they had been promised on. Good for business? lets see on future months or years ahead. |
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I’ve seen this twice before... If you’re really thinking of selling, wait for a couple of days when it’s bouncing back. It could bounce back to 36k - 38k and give you a chance to sell at a better price. If it doesn’t... We’re f*cked anyway. Lawl.
This is the ebbs and flows of bitcoin. Dont worry about prices just keep stacking along the way. In the end you will be in a good position, dont piss it away gambling, err trading. Price fluctuations won't end of some time so just ignore them easiest way to deal with the market in my eyes When you do tend to deal or engage into this market then you should prepare yourself when it comes to volatility or price fluctuations yet this is one of the reasons on why people do jump into this market due to those kind of movements which can possibly make out some serious profits. Panic is a normal reaction because when you do see that the price is dropping out so fast in a short span of time then its hard to ignore on not to make any reactions. Some say that it do looks easy but it is not but with due experience you would able to handle it out. |
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If you know about crypto market and much knowledge about it, then you invest this market. Without much knowledge about crypto market, you should not invest in crypto market. That's wat, a few people are profit from trading, because they have a huge knowledge about crypto.
Honestly speaking and on what I see, There are some bitcoin holders that I see that don't have too much knowledge about the cryptocurrency market and chances are they are only told to buy some for profit, For example, family relatives. In these past few months when bitcoin started to get attention, There are many new investors in bitcoin and I'm sure they got some profit from it and on the process, this can make people want to learn more about cryptocurrency and most likely they will learn to trade it and know more about the crypto market. Buying crypto without knowledge about it is risky but having a person who knows about it could possibly reduce the risk. But with that lack of knowledge which do end up on holding coins do usually result into positive ones which i do called some newcomers luck but eventually that would really result into some mistakes later on. Neither they would miss out on selling out for profits or would typically sell out early when they do see small gains but well it doesnt matter as long you profit and that what matter most. Getting rich is possible but it would depending on how well you do make out your trades which not all are capable of. |
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