A newbie account posting a technical analysis  It's hard to trust on your analysis as it doesn't cover the reason behind your claims. You have to show why you think price will dip down or go up to certain level indicating resistance and support level. Looks like you are just being too emotional with Bitcoin trading.. The guy was simply sharing his thoughts with us, man. Don't you remember yourself when you were a newbie? You also had many doubts and even great fears. |
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At the moment, bitcoin's price is falling to $ 8,715, the market has been a little bit volatile in recent days. But in my opinion, bitcoin reduction on the market cryptocurrency is nothing to worry about. By now the cryptocurrency market is probably adjusting prices to be more stable. If this small volatility is overcome, the market will be more developed and at the same time the price of bitcoin will be on the rise.
As soon as the situation on the market has been changing all the time, I will better choose one thing now. I will hold Bitcoin and wait for stabilization. |
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Why alt coins are good for trade ? why not bitcoin ?
Trading can be the most effective with the use of new, just emerged cryptocurrencies. This is a great option if you are not afraid to take risks. So try it. Everything should be ok if you are quite experienced guy. |
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btc is a promising investment place. I think a lot of billionaires are investing their money into btc for profit. they always dare to take risks in investing and they do not want to miss this opportunity.
Yes, they do it very often. The richest people in the world invest in Bitcoin. Moreover, BTC makes even teens millionaires: https://www.youtube.com/watch?v=wuqyvvLKSyo |
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yes it is true time is money, but we must be able to distinguish when to get money and when to enjoy the money
Proper financial planning, such as saving, investing, preparing for retirement can help you live a more prosperous and happy life.
The more money work to you, the less time you spend working to earn money.
I just try not to spend the time on the things that seem to be useless or that kill my health. I am planning everything beforehand, which is also important. |
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If you tell your friends and family about Bitcoin without giving them any sort of in-depth financial advice and they go ahead and invest, how do you deal with it when the market dips very low and they silently blame you for losing them money.
I have philosophical attitude to the people who are interested in cryptocurrencies. This is a risky activity, but it really can be earned on it. I know many people who got rich on cryptocurrencies. |
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New trends are receiving support from many investors in the cryptocurrency market, ICO and Masternode. I think that there are many good ICO projects that you can invest in, but keep in mind that you will always study the project carefully before investing. Invest in your knowledge from the beginning, never invest just because others introduce you.
I suppose that the number of these projects will be sufficiently reduced now. Banning ICOs, some socials and mass media try to help people, but most of the investorts do not like it. |
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In my opinion some other option of coin that has good in fundamental is WAVES, NEO, DASH, OMG, AION. And all these coin good for long investment because the purpose of the project very interesting and given many benefits to the cryptocurrency community.
I would also pick EOS and Cardano, however, I will add to the wallet the following coins: NEO, NEM, Monero, VeChain and Qtum. I believe they have many chances to go up. |
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What I have read from CNBC, Bitcoin exchange is up by $11,433.3896 +403.40 (+3.66%) | 6:35:11 PM EST |
Some of the analysts say that by June, it can hit $20,000 and by the end of the year will be $30,000. Do think this will actually happen? Because based on what I am seeing from the Bitcoin Exchange, it is really going up already. Do you think it is the best time to buy Bitcoin now for investment?
It seems to me that now it is a good time to buy bitcoins. I think this coin will still grow in value. However it is necessary to be careful not to invest huge amounts of money in cryptocurrencies. |
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Not sure what others think but I am getting pretty sick of how the Bitcoin price just goes up and down 5 to 10 per cent with absolutely no external factors driving this. I know its been said before but this is just manipulation of the highest degree. So we all sit around and wait for few Whales to dump and all stupidly buy in so they get the money and lo and behold when it goes down 800 bucks they buy back in and we all follow like sheep to lose again. Seriously Bitcoin has to either start behaving like a store of value or have some practical application as a currency.
See it's not only about you or me, right now everybody is worried about the market conditions. But trust me, smart people know how to perfectly make use of this manipulative market conditions. It's the time to buy the coins now and hold the ones you already have. In such a situation, instead of getting anxious, act smart and make thoughtful moves. I know for sure that the smartest investors and traders use this time for doing good things. they simply go on buying cryptocurrency as they know about its soon rise. |
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I just wonder how those HODL people that are now losing so much money day after day after day, manage their positions? Are you guys just sitting there, watching your accounts evaporate, hoping for better days? Are you cutting losses? When is it enough?
Fixing my sit, bringing my popcorn, watching the chart and HODLing. What I see is big whales bouncing in the ocean, sometimes going deep other times trying to get some 02 so they chose the opposite direction. I am waiting until they make a huge jump then we will have another talk  LOL. This is the best position I have ever seen and met. I will sure remember these words and try to do the same things each time when crypto is down. |
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Undoubtedly! Do you remember the development of Internet technologies? It is possible to draw some parallels based on this experience... I also believe that Bitcoin has started the new era of currency, but I think that people start to realize it only now. I suppose they understood that BTC is cool only last year. |
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#JOIN
Bitcointalk username: p i e c e
Forum rank: Full Member
Posts count: 265
ETH address: 0x0bFC2B1Fb9cCBb93CDeC5a3319d2D35D6a5718c2
Waiting for adding, thanks!
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Hello!
If bitcoin died do you think people will lose intrest in other cryptos aswell? which altcoin would you invest in if there were no bitcoin?
Bitcoin will not disappear. And people will be interested in cryptocurencies further. Bitcoin and cryptocurrencies will stay forever in our society and economy. There is no question about their death. |
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Ive read an article about Bill Gates saying that cryptocurrencies kills people. He explained that crypto provokes people to hide thier financial transactions from the government, and revolutionizing terrorism, financial crime etc. Some people use crypto to buy drugs, bombs, guns that are use for drug dealing and terrorism that kills people 'in a fairly direct way' I think Gates is somehow right about this. But i think it depends on the people who are using cryptocurrency, if they will use it in a good way or in a bad way. What do you think? Link: https://www.google.com.ph/search?source=hp&ei=MJaWWv70CoH-8QXDvLO4Bg&q=cryptocurrency#scso=uid_PpaWWoLdHISa0gTusbDYDg_9:117I have heard another statement - hard work kills people. If we try to speculate, many things that can change our life for the better can also bring harm. Nothing will affect my point of view - I will deal with crypto. |
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I would like to inform you about the History of bitcoin price. I think this post can be a pleasure for the newbie bitcoin investor who has invested recently in bitcoin like me. I am going to give you a chart of bitcoin price from 2010.
Time price per BTC Importent information
July 2010 $0.08 The price grew 900% only In five days, rising from $0.008 to $0.08 for 1 bitcoin.
Feb – April 2011 $1.00 In that time Bitcoin took parity with US dollar.
8th July 2011 $31.00 At this time top of first "bubble", followed by the first price drop.
Dec 2011 $2.00 At this time goes minimum after few months (huge dump)
Jan 2012 $3.41
March 2012 $4.95 over 46,000 BTC stolen by Linode Hacked
July 2012 $13.31 Bitcoin Savings and trust halts payments.
Jan 2013 $13.31
Feb 2013 $20.22 Starts some pump.
July 2013 $100.15 great pump.
Jan 2014 $772 700% up within 6 months.
July 2014 $582 Some down again.
Jan 2015 $272 Huge down.
July 2015 $289.68
Jan 2016 $432.17 some up again.
July 2016 $688.50
Jan 2017 $1020.47 Starting golden age of bitcoin.
July 2017 $2592.41 proved a golden age.
18th Dec 2017 $19,498.63
Jan 2018 $10,685 Again huge down.
From this chart, we can guess the future of Bitcoin price. We should not worried about the present bitcoin price. I think 2018 or 2020 will become a diamond age of bitcoin. What is thinking? you can also post your opinion on this thread.
This information only proved that bitcoin price is inconsistent and very volatile. So in other word, panic selling has no place for bitcoin and would lead to failure. That is why, expert advised to hold and stop the the fake news and FUD which cause panic to bitcoin holders. Yes, it proves Bitcoin volatility. However, I will save this information to reread it later and probably to come to certain conclusions. I hope much that this statistics will be renewed very soon - BTC should go up. |
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any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
For newcomer is the best way to start from Bitcoin or Ethereum. These currencies are stable and understandable. It show good growing results. In addition it supported by many wallets and other services. |
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With the price starting to creep up again do you think it's a good time to start selling some of my investments or do you think it's worth holding on for a while longer?
We all know how temperamental the market can be but do you think this is just a short term spike?
I don’t think that it is good time to invest in Bitcoin. Such time has passed. But that doesn't mean that we must sell this coin. It will grow but the grow will be moderate with the risk to fall. This is my opinion. |
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The phrase that suits me might be "Bitcoin changes the way we live". Because when I get to know this forum, I can take advantage of my free time after a day's work. My free time can be more useful. Most of the new knowledge I get, especially about crypto technology and the existing blockchain technology is foreseen will be the technology of currency and the replacement of bank technology in the future.
Bitcoin is realizing blockchain technology in real world. We can see that brand Bitcoin on the streets yet. Some other currencies are making that great deal too but Bitcoin is the first. It sets the tendency. |
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Most people here and reddit will defend bitcoin no matter what instead of looking at the problems. Every time someone comments something about the speed or transaction fees they will just yell ''FUD'' or ''Another attack on bitcoin'' but it's not always that. I have been a strong supporter of bitcoin myself but we have to face it, it's not in a good position right now, sure the price is great but what else? Insane fees that are not getting solved any time soon? I know the demand is high but the ones that are buying are just buying to sell eventually not to support bitcoin, not to use it. The demand will eventually fade away and what do we have left? An outdated bitcoin that won't be able to compete with better coins.
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