I almost lost my mind yesterday-when I heard the news of a Bitcoin revival- risked all my assets, hoping to break through to a certain point-turns out I was wrong today was worse than I thought-but that's okay, I'll be patient and wait for the next game, whale vs whale.
Most people had same mindset as like you.Because here we are facing huge loss by the dump.We should keep in mind,dump are not permanent.Keep on investing in the dump.Then,pump will rise you to the moon.Whale playing the game,most of the whales are the people who had get into bitcoin before the 2000 dollar price in bitcoin.But we should use wise and earn from it. |
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The cryptocurrency industry started with the launch of Bitcoin in 2009 and then flourished in the following years with various assets and blockchain-based solutions. According to Stephen Stonberg, CEO of Bittrex Global, this is no longer in its infancy. “I think we’re already past the stage of crypto early adoption,” Stonberg told Cointelegraph adding: “Crypto has now gone mainstream. We have double-digit percentage adoption in both developed and developing countries. We even have Bitcoin adopted as legal tender in a country and many other countries are considering adopting Bitcoin as legal tender.” Bitcoin has also become a very common investment, as a number of large companies such as Microstrategy have invested in these assets. Source: https://cointelegraph.com/news/crypto-is-no-longer-in-the-early-adoption-stage-bittrex-global-ceo-saysSome people had forgotten and searching for the bitcoin below 10k dollars. With my experience, it's hardly impossible to the price of bitcoin into 10k dollars. In a sake of luck, you had seen a market at 10k. Kindly buy 5 bitcoin, even by selling your house. In a couple of months, you will buy 5 house in a row. |
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Not only the Nigerian government. Most of the developing country government had start a primitive steps.Because the people involved us not going to do pay of taxes.We know developing country need of some taxes to run smoothly. This is cause of the statement made by the Nigerian government.
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The attempts had been so intense lately, and what I've observed yesterday many times that it's been closer to $50k as everyone said it's going to be tough challenge before surpassing this price.
We've been so fascinated these days, let's have some time to relax and wait for good progress that's awaiting for our asset.
To release those anxieties, let's not take it so serious and just have a chilling inspirations to make your holdings as a strong foundations for our success.
The resistance will occur all the time of huge pump in bitcoin. Same happened in the 60k pump and now in 46k pump. The price is doesn't matter. The traders do this, the sell huge at high. More selling encounter the price reduction. This reflected on the price of altcoin too. Same approach applied on altcoin by traders. |
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 In the image above, that pump took place in futures markets on Binance's BTC-USDT perpetual pair on 26 Jul, 2021. You can check the spot charts that there was no $12k pump during when it pumped in futures. The volume at spot was also not so good, but that $12k futures candle had a 182k btc traded volume for that hour only. This cannot be any institution or a normal person's work, I smell something fishy here to attack the traders and decide the trend, change it and liquidate them to make quick money. Honestly no.Many of altcoin had crossed up his old values in this pump. By considering such fact, we need to see the value of 600 dollars in BNB. But it still floating at the 400 dollars. Huge people blindly buy some BNB at 200$ and earned huge in the BNB. Now it was not shinning up. |
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My experience from the past which consolidates with Bitcoin's source of income due to profit was great during those times that I didn't realize how expensive it will be in this time of pandemic. I used to spend all the fiat money which converted from btc.
Shopping was the convenient ways to enjoy the benefits of bitcoin in the fist place.
Everything went out amazing and most times I've been getting used to it then suddenly my funds begun to shrink unfortunately.
Most people will get excited after shopping or buying something using cryto currency. As we all know for now, we only use fiat to buy or sell certain goods. After huge acceptance in the crowd of the world, the crypto currency was accepted as a payment by some individuals. |
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I basically replied some other topic regarding the increase in acceptance level of cryptocurrency. It seems like many people are not understanding the fact that everyday, people get to know what Bitcoin is and understand that it functions beyond being a speculative asset; that it can serve as a payment method too. This is really an inspiring post. Not just to Bitcoin but to every crypto that strives to be used as a payment method.
No, that is not what they observe these days mostly. Imagine you find out about Bitcoin today and there is a restaurant accepting Bitcoin, have fun trying to pay for your 10 USD pepperoni pizza with Bitcoin...  20 USD in fees, 10 USD the Pizza, 2 USD the tip, seems to me like a pretty expensive pizza that you also had to wait for 30 minutes because the one block confirmation took a little bit longer. You are seeing in a wrong perspective.The people can directly converted the cryto currency in many exchanges.The transaction to auto driver can be made with the usdt using of trc20 address.So the fee will be 0$ and the minimum wage using auto rickshaw will be 1 dollar or above. |
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This week started with much anticipation for Bitcoin price analysts such as myself with high hopes that we are going to see a 50k Bitcoin price at the end of the week, we saw how Bitcoin price reached above $46k during this week before correcting down to $44k at the moment and the weekend is almost here.
What are your Bitcoin price predictions are we going to enter the weekend in green and what is your price prediction this weekend.
If the price of bitcoin had reached the value of 50k, we can able to look into the 60k dollar in a short period. Now the market get into red by the passive traders. They just cut out the green by selling their hold stocking bitcoin. So dump after a continuous pump is common in trading. |
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I have been in trading for some time now and as I become more experienced in trading; I discover some terms in trading that have captured my interest, as these terms help me gain knowledge to maximize profits and minimize loss.
One among them is the (stop loss feature) some exchanges have developed this feature to help traders set limits on their trading to help put a hold on trading once a certain price is reached, but again most traders still run into losses because they inability to use this tool effectively.
That brings me down to my question, what is the best way to apply the stop loss features that will guarantee zero loss, and which exchange has the best and easy-to-use live trading features.
Holding is only option to avoid of loss.Because most people losing daily by fake analysis and expected x2 of the investment. If you get 20$ as a profit from the investment of 230 dollars. You should be very happy with that.Because it's just 10 percentage of profit. You should agree of 5-10 percentage profit. |
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hello community members, am new in trading and run into problems recently with trading where i almost lost all my funds. i started trading with a single token i have made x2 profits within a week when i decided to trade another coin which from my analysis the coin have great potential because of it price at that time and that was the beginning of my lost.
what went wrong and what strategy will you advice i adopt that will help me in my future trading that will give good profits and minimize lost.
your views are appreciated.
Maybe at first, if you tell us you almost lost all your funds it means in every trading you put all your money. Maybe that thing need to be changed first. If you get x2 profit, i think you can use only your profit to do trading again so you have back up when your prediction missed. Maybe that is first that you can do in future. Trading some times work and get you huge profit.But for that,you need to hold for the longer period as much possible.Sometimes you may lose 70 percentage of investment.Time define the profit.Holding people get huge profit all the time.Some people loss by doing panic selling. |
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first we have to know what kind of crypto that country will legalize. I am sure that even though they will legalize cryptocurrency, the people there will not be free to use digital currency to be used as a transaction tool because it can threaten their fiat currency. there have been many discourses of this kind before but the implementation is not in accordance with what we imagine. so we have to wait until the discourse is actually realized in order to really know how it will be implemented.
Many legalize country was their for now.When the bitcoin was at the bottom,most people had not invested their money.When the price had raised to some good value.Many people had accepted bitcoin is like a stock market and they don't lose when they invested money in bitcoin.Then it was spread all over the world and shining the market. |
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Am both altcoins and bitcoin enthsiast, I don't usually support the launch of new tokens for the fun of it. Sometimes fund are raised and spent for trading but when there no fundamentals, they will die and that will be total waste or fraud for some,because it make profit at launch does not mean it will survive the bear market. I will rather propose more adoption process in Miami for bitcoin and existing altcoin before launching new one.
It was just an experiment, may it fails or maybe will not. But for me, it wasn't needed for Miami to make their own digital currency just for the sake of this new market innovation. Because if they are into the after of crypto adoption, they are supposed to support the old coins rather than creating their own. I could see this not a successful platform, maybe I was wrong but can't deny that the majority are prepared for Bitcoin. Bitcoin was also an experiment that even satoshi wants it refreshed like start over but the community didn't do it. Miamicoin looks serious actually, they even have a rewards system incentivicing holders of BTC. I think this is the way for the Miami government to make the city center for cryptocurrency but it might be a battle when more cities will join. There was a news about Wyoming as well. The trading of bitcoin associate with the pair of Miami.If the miami had huge potential,many people will inverse their money in miami.Miamicoin will had huge potential over a year.Miami coin will be trade with the pair of bitcoin.The city may be the cryptocurrency city,this lead to the add of more city to the row.By adding of many country,the investment into this coin will increase to high. |
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I'm sure I heard someone talk about bollinger bands or something for doing this. If the price is outside of the band, the asset is volatile.
Bollinger band don't look perfect for this because it is not an indicator to rely on for proper direction. Some times working with it you can be correct and other time it will fall. Also you can hardly predict when the volatility of the market has ended but you keep being in the market, this is risky to use but if it can be combined with others, then you can manage on it , Bollinger is a lagging type of indicator. Volatile was based on the coin which you had invested.Most of potential coin will have good volatile.So check the volatile before investing ,or else you can't exchange later.Some people without seeing all this invest their money and cry in the future after the loss.Don't risk in the future,just inverse your money and hold .When the market get into the pump,you can sell your valuable coin. |
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I'm struggling at support and resistance and drawing the lines at the right places. YouTube videos isn't cutting it. A proper course with tests or evaluation points would be great. Any point in the right direction?
Their won't be such course available in internet.Only thing is,you need to try on your own.It may be harder to do at the begining.But it will be easier in future.You need to do it with some consistency.It's important one to get some profit.You can follow some youtube channel which teaching of the trading charts and pattern.Actually,it may happen will the accuracy of 50 percentage. |
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With the mainstream and institutional adoption of Bitcoin, the coast is becoming clearer to analyze bitcoin becoming the global reserve currency if the current trends continue till 2025 I see bitcoin rendering the present reserve system useless because Bitcoin will outperform another global reserve asset in terms of price and market cap and circulation reason being that.
Factors that will put Bitcoin over the U.S dollars as global reserves.
1. The major reason that will pave the way for bitcoin to become the global reserve asset is the fact that Bitcoin has a fixed calculating supply of 21 million Bitcoin which can not be added and this makes the currency immune to inflation.
Unlike the U. S dollars, the government can print additional currency notes at will, which makes it prompt to inflation, and has no calculating supply.
With the current global economic meltdown, which gave birth to a high inflation rate, the world trade union will not hesitate to replace U.S dollars with a currency that has a fixed supply and market dominance like Bitcoin in the future when the enabling environment is created.
WHAT ARE YOUR VIEWS ON THIS?
We are able to see the topic like this over a huge period.The reason behind this was very simple.Over 70 percentage of world population is holding of crypto currency for now.If the bitcoin replaced the U.S Dollars,we can able to see many new millionaire in a couple of days.If you want to became a billionaire,you need to hold the coin for 6 months after the exxchange. |
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I realized a world that the wise said that, When people are sleeping transactions goes down mostly at night, grate people makes there money at night, no grate man sleep 6pm to 6 am, Bitcoin had a great value even during the COVID-19,If Covid19 happens to continue for 5 years, And the lockdown is still effective in all countries, bitcoin world have been the major currencies see as a medium of exchange, people will be afraid of going to banks of touching money from someone hands or holding physical cash, they will be really afraid of contacting Covid19,bitcoin will continue her transactions even when the countries are not in a good state.
The price of bitcoin had the answer for you.Because the price of bitcoin had reached a value of 19k$ again and after 2017.My personal opinion is because of the corona. May be the money take the hidden place as cryptocurrency. It may be cause of sudden increase in bitcoin price over and high maximum.My opinion is Covid influenced the bitcoin positively. |
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Bitcoin promotes renewable energy.
Bitcoin reduces consumption.
Many of renewable energy potential lies far away from consumers and electricity highways. But those potentials can still be realized thanks to bitcoin mining. Bitcoin mining is converting energy into digital data that can be easily transferred via satellite internet, from any part of the world. So, all that unreachable renewable energy can already be monetized without waiting till when electricity highways be built.
For example there was project of building huge solar facility on Sahara desert, where there are no electricity highways, nor consumers around. Bitcoin mining is the easiest way to join global energy market for many underdeveloped nations.
With the rise of human population and economic prosperity, there is an unsustainable rise in general consumption. We are unsustainably consuming resources on Earth, causing enormous pollution of environment, causing human inflicted climate change, which will lead to more and more catastrophic cataclysms. The future on Earth is worrisome. Our economic and particularly monetary system promotes consumption. It is good for economy, bad for environment. What if we don't need to consume that much, what if we can live a modest life and still be happy? What if we can save to consume later when issues with environment are resolved?
Deflationary Bitcoin gives you that, it encourages you to save, the longer you save the more value you get. Inflationary fiat encourages you to spend now, because later it will be worth less. Don't be selfish, it is not only about you, but your children, grandchildren, entire offspring. Bitcoin is about being responsible for future.
Bitcoin is good for the society development and for the jobless people all around the world.People can earn by mining,they need to spend some for the mining setup and for electricity.In trading,they can earn by a margin investment and holding without the panic sense make the people to earn more and more from it as a profit.So social and economical development occur by the bitcoin and it won"t clean up the Environment.It make use of more electricity and may some how spoil the environment.If you make use of some renewable source of energy,it will not spoil the environment. |
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Payment for this week paid, Next week starts - Refer to Week 2 on the spreadsheet.
Participants who had less than 20 posts had to be paid 0, but i have still paid them 50% of the payment. Many participants had less than 50 words post, that also have been forgiven this time but posts like that won't be tolerated next week.
Please note that week 2 is the last week of this signature campaign and also comes with some New rules.
- minimum posts to quality for receiving the weekly payment - 25 (up 5 posts)
- minimum 7 post needs to be made in the "Announcements (Altcoins)" section.
Reserved for future opening slot.Hope you give me a first preference I think they have open slots, you should contact the team on discord they are really active there and maybe you can get accepted into the campaign. Thanks for your response buddy. I had contact the team for the same, hope the good things will happen. |
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Payment for this week paid, Next week starts - Refer to Week 2 on the spreadsheet.
Participants who had less than 20 posts had to be paid 0, but i have still paid them 50% of the payment. Many participants had less than 50 words post, that also have been forgiven this time but posts like that won't be tolerated next week.
Please note that week 2 is the last week of this signature campaign and also comes with some New rules.
- minimum posts to quality for receiving the weekly payment - 25 (up 5 posts)
- minimum 7 post needs to be made in the "Announcements (Altcoins)" section.
Reserved for future opening slot.Hope you give me a first preference |
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