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I wouldn't call for bitcoin's bottom out because right now in traders/investors want to take their profits, they will just selling and take their profits and then back to our 33.3K again. This is how they a]keep doing us so I don't trust the market and its price movement beause some people can choose to destroy the market.
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Hello.
do you think it's a good time to invest in Ethereum?
ETH is good to invest in even now that it has successfully completed its upgrade without any issues. I personally like ether due to its fast and lower gas fees compared to when sending some top value coins. |
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There’s a great pump with ETH this week, but I think its not a strong pump that it will go dump again after having a short pump so don’t be too excited. The price of $200 will hit again by ETH but it will go through dumps also before that. So what’s your thoughts about the recent pump?
The market these days isn't that strong to support any little pumps unless there is indeed a massive and the attitudes of traders changed. If not, we will continue to be in this kind of trap where some people set the trap and anyone who buys becomes the victim. |
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This is why I keep saying that this crypto world is for those who have money already because with the little promotion and payment of money to some major influencers, your project would be on top. Just because BTT was launched on binance launchpad(that wasn't free), look at how it got choked.
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BTC is the root of all cryptocurrency and for that matter, without BTC, the cryptoworld will not be in good shape. Any slight changes in the price of BTC also affects that of alts which tells me that it is a clear indicator of how all other crypto will be. Moreover, it is the most trusted coin in crypto so it will ever remain the number one crypto to look for when getting into crypto for the first time.
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There is more to go below the current price but I don't think it will be below the recorded 2019 low. The activties of the day traders was over done and for that matter, a lot of people got panic and sold as well that caused the sharp drop but I do not think this will continue for long. I am hopeful that we shall soon test the $4.1K again.
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It seems to be going up and not coming back down again.
that is how the bull run will be but I think it is not time yet so let's get some few coins from different projects and expect that at least 3/5 of the projects will boom in the bull run time. Those waiting for a typical bottom before they get in will surely cry later so it is good to do things right now that everything seems okay and not rising or falling, look for some few promising coins and invest in. |
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Yes, and this trend will not stop today or tomorrow. It will continue for some time until the bears fully go away and leave our o=market for us. It is pathetic to see greens and the next day, one long dildo downward to destroy our hopes. Whatever be the case, the bear period will end as the bull period ended.
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We all expect bitcoin price to move higher but I personally, do not expect this type of insane increase in bitcoin price. At least, a 50K usd per bitcoin is cool for the digital currency. I like everything about bitcoin but it should be expected to surge to that high. There are a lot of fiats that are very good but have not increase to maintain economic stability.
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We all started from the bottom to somewhere here and saw when some coins were from 0.1 to 3 dollars and also saw when some coins dropped from 3 to 0.01$. In either case, you have to remain a holder and do what you want because no one is an expert.
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2019 seems to be a very good year compared to 2018 when in every blessed day, there is a new bad news that further destroyed crypto prices in the coin markets. So far, this year has recorded many positive news that is good to let us see crypto to the moon in few months to come.
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Crypto is indeed here to stay. I like crypto and the blockchain technology for its transparency. Every person on this earth is is transparent in their doings will also appreciate this because it will help to reduce some activities that have no meanings. Crypto in general, has made the online wolr dvery friendly as we do not need to have fiat currencies before doing trades there.
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I know it is basically impossible but what if, while you slept the bull run commenced and the price of Bitcoin climbs to $50k and then goes back to $3k just as you wake up. Then you see the charts for confirmation of what went down while you slumbered. What will you do by then? I want to hear your thoughts on this.  Every bull run is a bull run so it will just be an ended bull run and nothing more. and the rate at which it would have dropped would have been more than a gory accident because it would have provoked a lot of people to opt out of crypto and the blockchain development |
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Looks like it all ended in one trade.
It did that because we are hungry for a long time so investors decided to take the little profits they have made to start the whole cycle back again. Bull run will surely come and it will be like a thief, the time no one expects it to come. |
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We just have to wait for the bull run to be in and we are set to head towards this few bucks of 20K usd we are hoping for. I expect more than the ATH because this time round, there are more good news which can send BTC to more than 100K usd in a bull period.
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The crypto we are dealing in is very profitable but if you dont know what to do, it will cost you much. Let's take trading for instance, if you are not a good trader, it can render you broke. The best thing to do is to be patient and not rush into what many people are doing because in crypto, when ever something is over hyped, it gets burst in no time because peoplebegin taking their profit.
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In every trading activity, there is a 50% chance of losing so do not see it a profit making machine. If it were so, we would have all been billionaires. Even the experts make some losses.
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Altcoins price move with how bitcoin price is moving in the crypto market. It is clear that altcoins will have very low value now because it is not a good time for many to invest because they want bitcoin to bottom out before they get in.
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Some investors and traders are complaining of not making profits like they used to, when the market was better. Instead or profits, it has been loses.
If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
The bear market is making it very difficult even for experienced traders who change their plans to match current situations. There is no way you can make profit always so we have to accept the losses we make and also be happy if we make profits. |
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