I'd expect stagnation and occasional dumps to happen over the next 6 month period or so, before any real chance of recovery can be seen. That said, it is a great time to accumulate due to the low prices and the fact that the bottom should be very close, and that many institutions have shown interest in bitcoin which should cause speculative interest, regardless of whether there are any actual benefits that brings.
There's a bunch of progress in the crypto world nowadays but then people are so focus in the price that remain stagnant that's why those good news are barely reaching the masses. When there is a major movement then that would be the time that people would be looking at the cause of that movement but it may be just the decision of those who hold a large amount of fund to pump the market because they have accumulated enough. If you have still funds now then it would be better if you would be accumulating as well because sooner or later, that pump may happen. |
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[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
There would be an increase usage of virtual payments but still physical money would exist because there are still parts in the world wherein only pure virtual money would not be possible because they do not have access to internet connection. We know that it is needed for the transaction and if they don't have it then physical money would be their resort to have a smooth flow of the transactions. For those countries that are enjoying the high technology then there would be no problem for them to easily shift to virtual payments because they have the ability to do it. There are even countries nowadays especially those developed ones that are rarely using physical money because it is more convenient for them to use the digital money. |
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make no mistake, the news story can affect the rise or down the price of Bitcoin, see when there is news that China or another country banned Bitcoin, then the news directly caused the price of Bitcoin to crash. so, trade based on news is important too...
There are different strategies when it comes to trading and if someone is trading by the news then there is no problem with that as long as he understand what he is doing and have done some analysis about news base trading. When someone is just blindly following the news or whatever rumors he read and then he would immediately buy or sell then it is not a strategy anymore but he is getting FOMO'd and that would be the where the mistake would be. There is no holy grail when it comes to trading and one of the ways for someone to profit is by using his strategy and sticking to it. Revising it from time to time according to market conditions would be a profitable way. |
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A few people thought that Bitcoin investment is intended for just the rich to make the additional reach. That isn't true. Bitcoin can be utilized by either the rich or poor to make benefit. It requires smartness, patience, and less greediness both make a good profit from Bitcoin.
This is the beauty of bitcoin because one can take advantage of earning profit from bitcoin whatever your financial state is. Whether you have money to invest on it or you have the time then it would be your choice if you want to earn bitcoin. Other investment vehicle requires a large amount of money before you can invest on it whereas when it comes to bitcoin, even if you only have a small capital, there is still an opportunity for you to earn from it. If you don't have the money then you can just participate in campaigns and earn bitcoin still. The difference is that time is what you invested and energy and not money. |
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The Block Chain use cases have been increasing day by day ranging from remittance services to voting system Block Chain is now getting wider range of acceptance.The crypto enthusiasts are also increasing day by day .Blockchain's claim to fame is its ability to fully encrypt personal data on the internet, allowing for the digital translation of assets and the elimination of need for a protective middle man,With Block chain, everyone is able to clearly see who the owner of the asset is, but only the person with the right key can unlock the door of that asset.I think more and more use cases should emerge in the near future and one day we must be proud to be crypto enthusiasts
Yes, there is an increasing use of blockchain technology but we should remember that blockchain can exist without cryptocurrency and we should be able to find ways to make people be aware that cryptocurrencies can still be a big help for their transactions so that there would be efficiency in their transactions. We should be proud that we are already here ahead of others and part of the revolution and innovation. Sooner or late, may it be a big company or an individual, blockchain technology would just be a common word because it would be the normal technology that would be used. |
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Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.
Only a small percentage of people do get a profit from this kind of market especially nowadays when there is a bear market and when we think that bitcoin is already recovering, it would suddenly dump that makes the people getting discouraged because of the state of the market. It is not for everyone because only those who will be able to handle their emotions would be able to take it and those who are very stressed just looking at the charts would prefer to just invest in it than trade actively. |
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Most people right now more interesting on how to make profits from crypto market. When bitcoin start traded, i think people more interesting on the price rather than the philosophy because most of people just want to speculate with their money and making profits from it
People just want to take advantage of the opportunity that the crypto market can offer. The exchanges that exist before are that of forex, commodities, precious metals, and stock market which already has a stable price and a lot of money has been poured in so if you are a newbie in there then you would just be eaten by the whales. If you start in the crypto market then there is still a possibility of earning a profit even if you have a small capital because it has huge movements. I don't think we're deviating from bitcoin's philosophy but instead, it would be called innovation for me because we are exploring ways of how we can make use of the coins and how it can help us in our lives. |
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Hello everyone,
I'm new to the crypto world and have been trading for 2 weeks. I have a job in Marketing and trading is a way for me to earn extra money. I often focus on trading after work because I am quite busy at my office.
I'm very curious about how's your day going? anyone here is a full-time trader? When do you start trading? Do you look at the screen and read all the time? And if it's not too private, can you estimate how many percentages of profit you earn a day? ...
If you are a trader and you earn a big amount from trading then I don't think they would just openly share it. Most likely, they wouldn't be here in the forum and if they are then they are most likely just reading some updates and wouldn't openly answer your question because they are also concern as well that they may be hack if someone would be able to trace their transactions and know them. I am not a day trader but I do trade from time to time but not a big amount. When it comes to trading, I am still a beginner and still in the process of being able to handle my emotions. I think a gain of 1% a day is not that hard to achieve. There is a possibility that you will be able to earn higher but always remember not to be greedy. |
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Lol most of these twitter participants are keep to spamming the twitter and that's why a lot of them being suspended by twitter.
Stop doing all of bounty and just choose 1, 2 or 3 bounties at the same time. If everyone keeps spamming twitter and then more twitter accounts will be suspended due to the violating the rules.
The reason why many twitter accounts are suspended are because of the spamming of their twitter accounts. If they participate in many bounty campaigns and they would tweet/retweet non-stop then twitter will detect it and may think that it is a robot that is doing it that's why there are times when their account are suspended. I agree with you that bounty hunters should just participate in a few campaigns so that they wouldn't totally loss their account. |
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Well for me i do not think that there would be a pump for the bitcoin like last year but still i am hoping that it will happen next year or maybe pump but not like last yeat as well. For you what do you think will happen
I think there would still be a pump that would happen this year but we wouldn't be able to have a new all-time high but then who knows? Maybe we would have a new all-time high after all since bitcoin always surprise us. If it would not happen then we would still be able to profit from this market by trading for short term. It is better to earn profit from time to time for me than have a one time big time gain because there is a tendency that it would not happen. |
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When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning
You need losses though so that you can learn. Although you stated that you should not put your hard-earned money before learning, I don't agree with this statement because you need to put it so that you can learn and then feel how you lose so that the next time you trade, you would be careful and think of why you lose. You will eventually notice that you are slowly gaining knowledge and then develop a trading strategy that would help you make a profit in your trades or in case it is a negative result then you can minimize your losses. |
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For bitcoin to be used as a store of value and a medium of exchanging for goods and services, It must be stable like others currencies. For the past 5 to 7 weeks now bitcoin has started to develop that characteristics and that is a big sign that both online and offline retails and wholesales business will started to used it very soon. I believe that in blockchain technology we are getting closer to what the founders has in mind.
It's been a decade now that Satoshi has envision bitcoin to be use as a currency without the need of third parties and I think we are slowly experiencing the adoption. If we look around, there are already many businesses that adopt cryptocurrency as one of their payment option and in due time, more businesses especially those giant ones in the e-commerce, would consider adopting it because they can still benefit from it as there are people who will prefer to use cryptocurrency instead of credit card or cash perhaps. |
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The market is falling down right now so i think to loan 5000 $ witch i don't have it.. i lo1n it when ether is 200 $ and i sell when ether will be 1000 $ or a little more to get 25000 $ waaw it's verry attractive .. please with experience help me with your oppinion ! (i know it's risky but ther's no great thing with no risk ) .. thnx
I would suggest not to do it. You would just be focusing more on earning money and you would end up getting greedy not selling when you have to so you will end up watching it go down and then regret not selling it when it has a higher price. You wouldn't be able to trade rationally if you borrow what you trade because you would be chasing trades and then eventually, you would just watch your capital continue to go down. Yes, there may be a possibility that you would be able to get back your investment in a short amount of time but then it is still too risky. |
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Still, bitcoin is the most preferable cryptocurrency where people love to hold their coins. In most time, altcoins are inconsistent and very dynamic in terms of its market value. That is the reason I think, why people say that altcoin is for day trading. They are flexible compared to the market value of bitcoin.
Many altcoins has low volume that's why those people who hold a large amount of that coin has the capability to increase or decrease the price in a major way that's why a 10% movement for the day is just normal for some coins and a double in price in just a day is not that shocking. This is the reason why altcoins are more favorable for day trading than bitcoin. Pump and dump groups also prefer low volume altcoins because it is easier for them to manipulate it. |
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Im tired of listening to speculations ,ive been hearing bull run hype since september
Although im still believing that it will happen i just tired of getting hyped
I guess the best that you can do now is just wait for it to happen. We know that there are market cycles and even if we know that there are many people who are taking advantage of controlling the market because of being unregulated, there may come a time when they would decide to just pump the market and if you are one of those retail traders who are waiting for those whales to act then it would be the best opportunity to act. You may try to think like a whale and study their movements so that you may know if there is an impending major move that would happen soon.In this kind of market, patience is the key to be profitable. |
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We've all seen this phrase before: that the government and/or banks will more likely to create their own cryptocurrency, but what are the odds that they really will? How can we be sure that these two sectors will create their own coins eventually and will it even change the game if they do? If they did, will it not threaten bitcoins and altcoins because the common people who haven't heard of bitcoin before might choose to use these bank/government-created coins instead? Do we really need more coins?
It already happened in Japan so it is highly likely that other countries would consider creating their own coin too if they think that they would be able to control the flow of money if they would consider creating their own coin. In that way, their fear of the coins being used for illegal activities would be controlled by creating their own platform and letting the people exchange the different cryptocurrencies to their own coin before they can use it to buy or pay something. |
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I think there is no risk-free profit in the crypto world. All the methods involve some level of risk even if you are very careful. But I think participating in bounty campaigns is still considered as the lowest risky way, because you aren't investing your money, and the unique risk is wasting your time and effort if the project turns into a scam.
It's funny how superficial the people regard time as being acceptable being wasted because when you think about it, time should equate or be worth more than the value you invested but then people would just consider time being wasted in campaigns which would turn out to be useless as being acceptable than spending money on it. You may not have spent money on it but then if you have spend your time in something that would let you earn money in exchange of your time spent on those campaigns then that would be better. As for the risk-free profit then I don't think there is no such thing as every investment has a risk involved as there is so called inherent risk. |
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when a chip is installed or implanted into your body, your movement will be monitored by the government and I think that will violate your privacy rights, the technology you mentioned is good but it's not good for people's privacy because it's too dangerous.
Having a foreign object planted in your body is far too dangerous for me because our body will react to it. It may have a good effect as to the tracking of a missing person or for the efficiency of transactions but still, it is not an ideal way for me. We are already experiencing now the advantage of using cryptocurrency as payment option because of the fast transaction and then more innovations would happen in which there would be no fiat needed anymore because it would be all digital then. |
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There should be an individual approach to each project and each coin, because many bounty tokens grow in price when entering the exchange.
Are you serious that tokens will grow when listed on the exchange? for now many projects that register their tokens on the stock exchange and the beginning of that will definitely be a big dump. selling it when it's registered is not a good idea. I think holding it back until the project really runs is a good choice, because the actual price of the token will be visible. It would depend on the strategy of the trader because there is a tendency that when a coin is listed in an exchange, there would be more sellers than buyers and it is a good opportunity to buy and sell for quick profits if you understand how the market works. When the coin is listed, most likely some investors would dump their coins and some bounty hunters would be dumping their coins too resulting to a quick dump but then when it is already consolidating and it seems like the buyers are ready to take over then it is a good opportunity to buy then. |
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