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3961  Economy / Speculation / Re: $80k within 6 weeks, new ATH October 2021 on: January 18, 2021, 09:14:31 PM
I think we've lost the momentum for this moment.   It is still positive just today rising on volume above short term measures but Im not sure the pressure is still there, maybe it can regain it later for this kind of target.   Im thinking multiple years for the duration of the move not all at once in these months or in perfect sequence and just one direction.


Actually we are already sold on where the price had able to hit up because we didnt even expect that it would reach 30k or even 40k.
If we moved sideways for some time then it would be better rather than seeing a market where it would be crashing into those prices
that we had seen in the past. Im not rushing on seeing 80k for this year which i do saw that it is way too high to consider.
Nothing can be predicted on where it would go.
3962  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are people still buying XRP? on: January 18, 2021, 06:37:10 PM
I can't understand why people still buying xrp because most of top exchange already delisting xrp coin. If you want buy xrp then i can recommend you it has been huge risk. There are many top altcoins so better you can got them and avoid xrp at this time.

Its price still recovers as bitcoin price grows. You can still earn few percents on this ups and down. Or you can arbitrage ripple on several exchanges.
There are still people who thinks that ripple can get away from sec claims (lol) and buy “cheap” ripple now.

Any altcoin in the market does really correlate with bitcoins price its never been dependent or reliable thing for you to depend when making up investment decisions.
In the question on why people do still buy inspite of the situation where XRP is facing then there are people which can really play with fire and taking up
some risk to buy even though they are full aware on whats happening around with XRP. If we have observed after the dip of its price, it did really eventually
have some recovery which means that was an easy money for those who do took risk on buying it while its still on deep red.
3963  Economy / Trading Discussion / Re: There is no certainty in trading on: January 15, 2021, 09:39:08 PM
Of course, the crypto market is like that and we have to accept this because Bitcoin rises and falls we can hardly foresee. therefore when trading there are many opinions about the currency that the trader decides to sell or buy, and one of them has some profit and some also lose money.
Yes well said to the point.
Trading is no less than Gambling, after all we are risking our money right?
Moreover by seeing the price of the Bitcoin in the past 24-36 hours, it also now hard to predict the market.
So yes there is no certainty in trading.
If your luck is good then surely you gonna make good money and if you lose then curse your misfortune.
No, the main difference in trading and gambling is how you can manage your risk, in gambling you have no way to reduce the risk you are facing as the casino controls every single aspect of the game but in trading you can decide what risks are acceptable to you and which risks are not, now I will admit that there are many people that call themselves traders and are in fact gamblers in disguise, that is true, however if you actually trade using a system and make heavy use of money management skills your risk can be reduced massively making you a trader in the process.
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.
3964  Economy / Economics / Re: The sale of the COVID-19 vaccine on the dark web continues. on: January 15, 2021, 09:26:56 PM
Some people are pretty desperate, and would go through ‘shortcuts’ in order to get their hands on something that isn’t officially available until X amount time has passed. The million dollar question here is: if those vaccines are indeed the true concoctions, who the hell is releasing them in the public? I know that most production facilities for the approved vaccines are already functional, but their orders are already booked even before they are created. This should be investigated if there’s a sliver of truth on the dark web ads IMO because those vaccines may harm people if improperly administered.

This just further proves that some people are really over-the-top opportunists and overly-greedy, making money of the public’s necessity.
Desperation for them to get healed is one of the reason on why there are really people who do really end up on buying despite the fact that you dont even know on where these vaccine originated or do came from.

Sale would continue as long there would be a demand of this vaccines.It would completely stop when someone doesnt buy these vaccines but hey people do end up on this decisions
when they are trying out something that might work specially covid vaccines which is highly demanded.
3965  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I am not investing in Bitcoin, I am staying with Altcoins on: January 15, 2021, 09:12:01 PM
It's okay to stay in altcoins, but don't get caught up in the many circulating altcoin scams. the best choice remains the altcoins that are in the top 10 coinmarketcap, it has been proven and it is not a promise like a scam coin. so altcoin but give profit as long as it is right on the right choice

This is true, it isnt bad to put up some money on altcoins but be sure that you do know on what you've been doing.Alts doesnt really give out
some guarantees when it comes to future or potential but with those top rank ones then you can at least have some alternative when
it comes to investment decisions but when you do see some opportunity then why wont engage? People will just normally be
looking up for chances for them to benefit out.
3966  Economy / Trading Discussion / Re: How did YOU start trading in bitcoin? on: January 14, 2021, 11:52:40 PM
Hello everyone!  Grin
I am a starting player at the BTCitcoin trading world- haven't bought any yet.
 Just a young man looking for investing his money from high school, and I don't know where to start! Smiley

How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
 
 Huh


Happy 2021 -Tzutzik

Complete newbie?

Start of with the very basics : Babypips.com will be sufficient for the basics of the basics.

Start with small amounts and dont go haste with bigger bankroll or capital.

Lots of trial and error much needed for you to learn. Beginner tips? Dont be greedy. Dont easily fall to fuds and fomos.

Strict capital handling and risk management.
3967  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If bitcoin surpasses the $60K level then it will hit higher than $100K on: January 14, 2021, 10:59:34 PM
Always mind of the probability on having correction or price decline or some sort of trend change before we would able to reach those numbers and also there are main factors needed before the market could reach up that high. 100k usd isnt something that can be attained without sufficient reason.If adoption is already on the global scale then we can really talk to this but dont rush on minding these numbers
because this will really be just stressing you out because this will really be still a long talk.Lots of speculations and presumptions will be on this price and its better to
stick into low digits first before jumping on to that high.
3968  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Could ether hit 100k? on: January 14, 2021, 09:18:30 PM
Is it possible for ethereum to be worth 11 trillion in the future?
Nothing is impossible here on crypto because prices can shoot up into those unimaginable prices but there are numbers that cant really be reached out or isnt realistic anymore.

Ether could hit 100k? if you do base up its total supply then its really hard to attained considering of lots of factors and imagine on how it would able to overtake fiat currencies that we do had.

Become mainstream? I dont believe that much thats why im not really thinking up on the possibilities. Come to think that even reaching or breaking 2k is already taking some time
how much more in 100k?
3969  Economy / Speculation / Re: to sell or buy BTC? on: January 14, 2021, 08:08:00 PM
Check yourself first and ask some questions...

Am I in need of money this time?
Or, I am already profiting a lot, is this enough?

It for sure you can answer these questions and I believe that you know already your position. If you have that kind of contentment in your self, you probably make a decision to sell it. But of course, it was your decision and that be sure you have already been thinking it for several times and say no regrets after.

Am i need of money this time? Yes, i do need but i do still have some money to sustain or for living and of course, money for investment is an another thing.

When buying out btc then you do particularly talks about long term investment and dont ever risk out into your life money savings because this doesnt give out guarantees.

Profit is enough? as long you do seem to be worth to pull it off or just wait for some time.
3970  Bitcoin / Bitcoin Discussion / Re: Bitcoins bad publicity? on: January 14, 2021, 06:50:31 PM
This week The Bank Of America warned that Bitcoin is going to be a giant 'bubble' -  I dont think Banks are reliable 'barometers' when making Bitcoin predictions as I have seen so much negativity from them since 2017 - Now the Banks and Governments are talking about launching their own Crypto to complete with Bitcoin but surely this wont be decentralised so its not really going to be 'The internet of money' is it?

What would you expect?

Banks are institutions which is fully contrary on bitcoin existence thats why it is really just common for them to have those criticism towards bitcoin.

They would say its a bubble or any whatsoever which isnt surprising but to rely on what theyve said then you would typically panic and might really change of minds.
Bad publicity? well this one really give out those bad impressions to those who doesnt know on what bitcoin is all about.
3971  Economy / Economics / Re: Is Bitcoin's price drop to 30K healthy? on: January 13, 2021, 04:14:14 PM
https://www.fr24news.com/a/2021/01/analysts-say-bitcoin-price-drop-to-30k-was-healthy-and-necessary.html

Analysts say Bitcoin price drop to $ 30K was ‘healthy and necessary’

A market wont be called to be a market if it wont really be having correction or pullbacks. We cant just see a market that would continue to rise up
and reaching out points which are already unrealistic and thats purely a manipulation thing.When it comes to decrease then i can  say that it is just normal.
People do normally react into these kind of events.

Sayingg that bitcoin is dead?
We gonna crash back to 3k or lower?
Time to switch to altcoin?
2018 crash is coming?

Those are normal lines of words that we do hear off.
3972  Alternate cryptocurrencies / Altcoin Discussion / Re: I have never seen this in crypto space before on: January 13, 2021, 04:04:57 PM
Since the day ive been into crypto I haven't seen such before

He who have ears let him hear

Emirex exchange is a scam and cheat exchange, do not make any deposit on the exchange, if you do be ready to share your asset 50/50 with the exchange to withdraw, yes you heard me right, I had 20$ worth of LTC and I have to use 10$ for withdrawal, you can't adjust withdrawal fee it's fixed, after checking all listed assets eg, USDT, BTC and others I noticed they are all the same, if you deposit 100$ be ready to split it with Emirex team, check out the screenshots below
These people are ripping people off, the moment I made mention of this on their telegram group they deleted the post, it's like auto delete with bots, you've been warned

Why do end up on using up this exchange in the first place if you do justt plan to deal with LTC? Try to check and look on how many exchangers that are on top tiers or reputable are having ltc.?

People cant really just do make up some search first before making any deposits and they do rather learn up when they had already experienced some problems.

This isnt something rare because this had been a common thing when it comes to shady exchange.
3973  Economy / Speculation / Re: Play smart, set exit points, take profit, re-enter on: January 13, 2021, 02:19:18 PM
Been here since 2013 and I already saw this happening at least twice (2014, 2018). The price skyrockets, predictions are crazy, companies get in, adoption seems to get boosted, and many other things we are experiencing now. Then, one day the price goes down. From 1200 to 200 (2014), from 20000 to 3900 (2018). I know we all want this time to be different, but I truly think it's going to be the same.

Be Smart. Define points to sell and transform the numbers on your wallet on FIAT. Chances are you will see it crash and go much lower than your exits. If you are a holder, then this will allow you to buy cheaper.

Those are my two cents ...



Basing off with those previous years and experience that we had in the past then it cant really be avoided not to think that it might really happen again.

When it comes to possibilities then it can happen again but for those who do really go for long  term then this wont really be an issue.
Exit  points is a must for those who do go for short  term trades to ensure out profitability.
Re-entering the market is much more difficult because we wont able to now on when and what price it can possibly fall.
3974  Economy / Trading Discussion / Re: How do you deal with 'Selling early' regrets? on: January 13, 2021, 12:04:39 PM
Selling early regrets is common because people cant really just able to ignore that they shouldnt have sell that early to make more money.

On thinking that they should consider themselves lucky because they do able to gain rather than on losing their investment.
Dealing with it? Just moved on.

Dont look back into the past or what had been done already as long you do make money then that what matter most.
3975  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The price of Bitcoin broke $40,000 for the first time. on: January 12, 2021, 11:27:20 PM
The price of Bitcoin broke $40,000 for the first time.

I estimate that the price of bitcoin this year will move in the range of $100,000 per btc to $200,000 per btc
Wont really be that simple mate because this would really be just like a roller coaster ride.So you shouldnt expect that we would really be heading up there too fast.

Look at the price now? We are tanking on 30k+ above price which i do consider good and might be preparing for another run but it isnt an assurance.

Its good to see that we do broke up resistances way too fast but always be careful towards your investment decisions.
3976  Bitcoin / Bitcoin Discussion / Re: If you’re extremely nervous about this drop, then you’re overexposed on: January 12, 2021, 09:59:05 PM
Seriously if you can’t sleep at night because Bitcoin fell 20% then you have too much of your assets allocated to it. Bitcoin is volatile. It will swing a lot in both directions. You need to be able to handle the volatility. If you can’t handle the volatility then don’t put so much of your money into it. If you only put 20% of your money in Bitcoin and the price falls 20%, then that’s only a 4% drop in your net worth. If Bitcoin is 50%, then that’s a 10% drop. If you cannot handle these swings then to need to lower your exposure. You should not be up at night wondering how much money you may gain or lose the next day and how it will affect your financial situation. This mostly goes for losing money though as no one seems to think they’re over overexposed when they’re making money.



20% on your overall asset? I doubt that this would really be an easy case.No matter how badly i do like to make investment then i cant just reach out that certain point due to expense
and real life priorities but for those who are financially capabled then that would really be an advantage.

20% isnt something for you to bother on and i agree that if you do make out those calculations then those arent making those big losses when volatility goes
to the opposite side.

Getting nervous about the drop? It cant be avoided but somewhat can be handled.
3977  Economy / Economics / Re: The recent rise in prices, temporary or more long term? on: January 12, 2021, 09:05:25 PM
I am surprised from those holders who give up the idea of taking profit.
Obviously, the market has a cyclical nature, the price never stands for a long time in one place. Today bitcoin is 40k in a year it can cost 20k.
If your goal is to make money - take profit, if not, then you are a true holder.

Investors are composed of'

-Holder
-Active traders

Taking profit or making some action will vary on which one you do belong but doesnt mean that holder wouldnt really become a active one
yet switching up would really be just easy as 1,2,3.It depends on someones decision towards their investment neither
they decided to hold or would trade for shorter possible gains.
3978  Economy / Speculation / Re: Can BTC go down to <$5k again now? on: January 11, 2021, 10:34:55 PM
When the value of Bitcoin surges to over $19k in 2017 we thought Bitcoin would never go back to $5k but it eventually did and now this year bitcoin reached nre ATH which was 100% more than the previous ATH and this clearly indicates anything is possible in cryptos and thus I don't have any doubts about Bitcoin dropping to new low and bouncing back to new ATH. It's unpredictable unless bitcoin can find strong resistance levels.
This is true, even some do say that it is impossible to go back into those levels but looking back on what happened in the past then we cant just ignore about the possibilities that could happen.
For those who dont expect nor believe that it can possibly happen then better to change up those kind of mentality because anything could really happen on this market.
We might be seeing 30k plus now and tomorrow we might be seeing 20k and goes lower day by day but of course that will correlate with some very bad or news into the market.
Dumping price without any viable reason is somewhat be tied up with pure manipulation which will really give out bad impressions to the entire community.
3979  Economy / Speculation / Re: Wait for the dump on: January 11, 2021, 10:12:26 PM
Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?

You have to relax. We saw a big dump but still ended on around $30,000 which is just a dream price before.

And you also have to expect that a big dump might happen soon especially when the BTC price is skyrocketing.

Don't focus on thinking of a $100,000 price this year. The price will go there soon.
People are way too impatient on things thats why when they do saw some small dumps then they do already tell up to their minds that we are already on a crash
but the current price had proved out that we are holding strong into 30k+ levels which is really great.

I do also have some thoughts and feelings that  we might be seeing 20k price point once again basing of on the level or intensity of price decrease.

For those who do able to enter the lowest price point then they are making money as of this moment.
3980  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Worthy to invest in Grin on: January 11, 2021, 09:05:34 PM
I can't see any good potential if we choose to invest in GRIN because prices continue to fall and in some large markets Grin does not have a volume that can be called extraordinary better look for other coins like top coins more stable and avoid the big risk if it decreases

Why not try to compare this actual usage or relevance? I do see that this GRIN is much better compared to those high valued but do lack out of real usage compared to this one.

I do see for this to be an undervalued project.It might not really be taking too much attention even up to this years but lets see on how long they would be existing around.
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