Bitcoin price is increasing so fast such that some people wish they borrowed and bought bitcoin at 29k some weeks ago
I want to know if it's much risk to borrow and purchase bitcoin like it is to trade bitcoin. However, the market is pumping, and it may seem like a good move if the loan is not for lunch, rent, and family bills which account for our daily needs (That is, my daily needs have been taken care of). Thus, timing is another criterion to discuss. How can someone know the perfect time to pick such a desperate gamble? We win or lose in trading or holding bitcoin but, I presume with the help of experts in this forum who have gone through thick and thins in this market, good guides or rules can be shared for users and newbies in the forum to have a grip on the market and know if borrowing is appropriate. It does sound thoughtless but, borrowing is part of the business. And we must prepare for the best as well.
Thanks, I'm ready to learn.
Bitcoin is high on volatility its price always moved and changing, you must know how hard to hit a moving object because Bitcoin is something like that it always moved and you need to hit it with you're limit price to win it, I believe in Bitcoin and holding it is really profitable if you have patience, but if you are greedy and lack of patience just find another ways to earn. |
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Well, we all know how technical crypto trading is and how hard it has been for newbies traders. That made me want to know what are your best trading skills and techniques that can aid a newbie in trading?
if you are in a learning stage you must do basic and more research about trading. And always remember that you need to be more moderatien in the capital that you used on it, use only a small capital to avoid disappointment, I believe that most of the newbies will experience loss, so the solution is use a small capital or an amount that you can afford to loss. |
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If we have noticed this generation of children are way wiser than their age and the rate at which the get information is way so amazing. Many of this kids start making money early either through gambling or through other means and lots of them do this because the don't get enough money from their parents.
For me at age 10 my children should understand the market and how it works, interpreting chats and deciding the next move of each coin from studying the price action of different coins. At age 13 the should start trading with a demo account and at age 15 they should have funded their first account. This would help them become financially independent, also help then limit future gambling prowess and also make them prepared for their careers
Funds has been one of the limiting factors many people encountered while pursuing their dreams and ambitions. For me I see it as means where the could comfortably fund their ambitions without much stress and still have enough for fun and recreation.
What do you think?
I think that was so Early age of 10 is to young but that was you're decision and I respect it. For me age of 18 is the best time to teach my child about trading, age of 18 is the best time to teach them because on that age they are on the stage of changing their their self from childhood to adult and they maybe catch up easily the trading lesson that you will teach to them. |
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Hello guys I saw a massive rise of cifi token it is now 52k$ at price, I think this coin will continue to rise in the next few days, what is your price prediction about this token in the next few days? please give me some preferences or share you're knowledge about this project because I want to buy a few cifi token for good.
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76% of finance professionals believe that digital assets “will serve as a strong alternative to, or outright replacement for, fiat currencies in the next 5-10 years,” according to Deloitte’s annual global blockchain survey.
Is there any possibility that this could happen or this was just another speculation that is impossible to believe, but if we are going to look at the percentage of finance professionals that believe on the possible replacement of fiat with digital assets I think we are in 90% basis in favor of rival or replacement of fiat. Show me your comments about this news guys if you believe or not with this possible replacement?
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The BabelFish a Revolutionary Stablecoin Protocol which was sold in 0.11 $ in public sale and Investors were so keenly interested in this project that sale finished within 31 minutes and company raised capital of 45.781 BTC which comes about more than 2 Million US Dollars. Today it got listed on SOVRYN Platform at 0.15 $ and quickly rose to 0.36$. The price of token jumped 225% within no time. it has much more room to grow further becuase the Project has good inherent value and is backed by professional and forward looking team.
I am not surprised by this price rise because I already expected it, I know the team behind it is very professional and transparent, so the best thing to do now is to hold and wait for the next rising of it's price because I know that this project will soar up in the near future. |
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Well it is now really the time to buy some low cap coin because we are now back into bullish season and Bitcoin price may push the other types of low cap coin to rise up high. I always prefer to buy a low price coin with a high trading volume because I believe that the bullish season will affect the price of the particular coin to rise up high soon.
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Almost every career, discipline or profession has its own hazard, risk and disadvantage. I hear many people who feel like quiting or abandoning their kind of job because of the risk they go through.
Likewise trading is risky too. For you as a trader, have you considered abandoning trading because of the high risk of losing money in your trade?
If you are going to quit you cannot earn, I also experienced lossing on trading but I always charge it to experience, this isn't about the luck it's about how you work or fucos on it. It is normal that we incounter some mistakes and lose a huge amount of profit but how can we get our money back if we are going to quit on trading?. |
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Not all of us is lucky with the decisions they make sometimes things might not happen according to what we plan and we wanted. I also experienced this on my pyr tokens after I sold it at 1.8$ it rises up to 5$ how sad. But I am always thinking to secure profit than waiting for the unknown profit. It doesn't matter if I lost for not holding I still earn a small profit at least there still small profit and I am thankful for it.
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Emotions do play an important role in trading and investing. Fluctuating prices affect psychology and I think if we don't have a good trading and investment plan, we can panic and sell our tokens at low prices.
But if we have a good trading plan and invest for the long term, I think we will get profit as long as we hold the tokens.
Well it is easy to think about holding but if we are on it I don't think we can hold strong specially when we saw the price of the coin that we are holding fall into 90 percent from the price that we purchase it. I think it is better to fucos on controlling emotions and be more temperate and moderatien with regards to the market condition. |
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I think it is very difficult to predict crypto correctly, because in crypto anything can happen, even so we must always study market movements so that we achieve maximum results later, now the market has started to recover and this is the right time to buy some altcoin that has the potential and has the opportunity to be able to benefit later,
true, no one can predict it with certainty, but now the market price movement continues to improve and so many people predict that at the end of the year it will be the peak price for all altcoins and bitcoin even though it is not certain but I really believe it will happen. and as you said it is absolutely right now is the right time to pool some altcoins to take advantage of the bull market that is predicted to come in the near future. I agree on that no in can predict the exact time of rising and falling of the price, if we can predict it we can all become a millionaire but it's not that simple because even the people who are following crypto from year 2009 till today can not easily predict the price of bitcoin in the next months or year. |
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despite the draw back this week the entire crypto market is on a bullish mood with bitcoin taking the lead, in the past few days cryptocurrency has gained over the US dollars, and ethereum in the long run will get pumped alongside other defi and nft tokens.
I saw there are so many company's that is now entering on crypto and a good news is always posted on every social media channel, so there are a great possibility that the bullish season will last longer than what we expected since there is a lot of big investors or company's that is now using crypto. |
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Right now, if you have capital and can spare some for future investments, I recommend buying as it is a good price to buy during this downtrend. The drop may not be much lower than current levels, so even if you buy now, you're good to go.
Indeed. It is the right time to buy since the market price experiences downfall. You also have the chance to check in the market on what is good to do especially market prices is not stable and there will always changes in prices when they need to improve something or if there is issue about the coin. Buy when price is decreasing and sell when prices started to increase. I agree on that you need to make a balance on your investment because sometimes price is so risky to buy if the market is bullish however we can still earn if the price continues to rise from the point of buying. Crypto is about measuring our patience and I believe that if we don't take risk we cannot earn on crypto. |
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Bitcoin and cryptocurrency prices have jumped today with ethereum rival cardano making a huge leap higher—even after Coinbase revealed an ethereum surprise last week. The bitcoin price remains off the closely-watched $50,000 per bitcoin level but ethereum has climbed back over the $3,000 mark after dipping under it earlier today. Now, as cardano and solana make double-digit gains and outpace other cryptocurrencies, famed investment strategist Lyn Alden has predicted bitcoin will hit $100,000 and ethereum will reach $5,000 as soon as next year. ReferenceI think Lyn Alden prediction could come true or maybe his prediction could be wrong. For that, my advice if you want to invest in crypto, it is better to invest your funds according to your ability, so that if there is a severe weakening, you do not run the risk of a very large loss. Well the best strategy is always invest an amount that you can afford to lose. Because even if there is a lot of good news and it seems that the market in a huge bullish trend, there are still a big possibility that the price may drop and we will loss in short crypto investment is totally risky investment and we need to be careful on every decision that we make. |
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Bitcoin is now bullish but it is still the best time to buy bitcoin because I see that there are a lot of good news that is now published and it may pushes Bitcoin price to reach another ATH one of the good news is that MicroStrategy Buys Another $177 Million of Bitcoin it purchased 3,907 BTC for a total of $177 million, according to a Tuesday filing with the U.S. Securities and Exchange Commission. Big company may also come and purchased Bitcoin in the near future so there is a possibility that Bitcoin will soar very high and very soon.
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Since a few months ago, a lot of people have been having discussions about the price of Bitcoin whether it will reach the price of $50K. Precisely today, the Cryptocurrency market seems to answer the analysis of many people about the price of Bitcoin that today Bitcoin has reached $50K. Will the price last until the end of the year or will the price of Bitcoin go back down.
There is a possibility that Bitcoin will go down again up to 47k$ after it rise up to 60k$ to 70k$ before year end, it is because of so many bullish news that can trigger the price to rise up. I saw different news in social media about crypto adaption and many people and company become interested on it so it is expected to rise before year ends. |
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I think it will reach that price this year, because I see that Bitcoin is now bullish again and it will surely affect the price of the altcoins, there are a lot of news that makes the Bitcoin price back to bullish one of this news is that PayPal launches buying and selling crypto the in UK, I think this PayPal news is very bullish for btc and also with altcoins so this 5k$ ethereum price prediction is very reachable.
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Bitcoin now is 50k$ it means bitcoin surpasses the predicted price which is 45k$- to 49k$ so it is now possible that bitcoin will be moving up to 60k$ again or maybe above 60k$ before year end. Holding is the best strategy at this point of time and maybe buying is now risky because the price is so high.
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Unknown emails must be ignored and deleted. Do not use your seed phrase or private keys to any website that you're not using and not official. These scammers will try to trick your emotion, two types of emotion, happiness, and sadness. Happy in a manner that you'll receive an email from them like what OP has said. And sadness, through playing with it telling that you've been literally hacked by someone and does the same trick of putting another link to stop the hacking. That's why we should always be calm and verify the domain of the email that has sent the message.
It's just an email, come on it won't bite you and as long you have a proper understood of what kind of link you should click or not to click. Those puny scam emails should not make you shy away from reading unknown mails from unknown senders. I'm more worried about the breach of your email where some scammers know your email address and attempt to scam you. Anyone should has at least a number of emails from level 1-3: for work and personal contact, for entertainment purposes like gaming or forums site (bitcointalk), and last for sites that you don't trust but still have to register. I also experience this I recieve different email from unknown sources. But I egnore them all, because I understand that this email is maybe a scam. I only reply or open an email when I know the sources. Sometimes we need to be vigilant and extra careful because scammers are very smart they always looking for an open opportunity to scam people without any doubt or hesitation. |
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For the last two weeks every larger fall in value has been followed by an equivalent rise in value after it, only a bit slower (taking hours instead of minutes). I figured it was boomerang-like with a reasonable chance, and therefore safe to invest in.
Now the bitcoin has fallen from ~17 to about ~16.5 and it looks like it's slowly falling further instead of rising ? What do you figure is going on and why, and when will it be back to 17+ ? And should those who have BTC sell out in expectance of an even greater fall or wait for it to rise ?
Not the right time to sell bitcoin right now, considering the end of the year bitcoin will make a big surprise for people who invest here, today bitcoin is going up although yesterday it was down, I think bitcoin is currently experiencing a good trend. To answer what happened with bitcoin, we need to analyze a few things under these circumstances, there is one strong reason why bitcoin goes up and down. According to my analysis, investors start preparing for 2018 pattern, they want to weaken bitcoin, after that they buy it. In the end bitcoin must be controlled by them and at the end of the year this situation will be used to sell all the bitcoins they have at the amount they have planned, so today bitcoin has its ups and downs. Well I think bitcoin is now rising and it has a possibility that it will continue to rise before year end so it is the best time to hold if you buy btc at 29k$ then you have now earnings but if you want it big then just hold till the price become double to make double earnings, although it is a risky idea but sometimes we also need to do risky decision to earn big profit. |
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