means because of this that makes Bitcoin prices yesterday down?, I just know if there is news about a scammer, but if viewed now the price goes back more than $10000, it is possible that in will continue the bull trend
It is because even they sell their scammed Bitcoins in bulk still couldn't affect the market price and trigger for its dump. That was a coincidence that during that time the market dumps a little bit and you are right, it turns back high again. It sometimes we think negatively and interacted with what we've heard, and this is also a reason why we are easily get caught into FOMO.
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Bitcoin could give us something really amazing and make my life amazing as well. It was full doubt when I started to be a part of this community but later on, it'll find how it works in my life and truly an explosive market where many of us can benefit from this. I know risk could be a hindrance for us why we are undecided to invest Bitcoin but if you'll never think of it and just enjoy the market, you'll find it not regrettable and really profiting, and that is what I've experienced in here.
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Reading books could also be of big help and we can still be getting ideas from it but the problem is, some of them are outdated means that, it is good to go for online tutorials that are updated. Because when you are in trading, you can't rely upon into one thing but rather to gather ideas from different sources in order to evaluate what it more effective or less effective.
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Nothing special bull time is coming , lot speculation and manipulation, few people will get tons of millions dollars while other will make good money out and of the majority will loose all!
I was not thinking that this current market trend or we call it for Bullrun will be a trap and put us into a losing ends. The reason why people come into Bitcoin investment is just because they'll saw a growing market and its profitability. May gaining assurance isn't at 100% due to its volatility but if have a record on it, it for sure the majority have to make money rather than of those who lose.
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I place a bet with a colleague i want to be sure if anyone has useful information about ETH please share here thank you.
Know one can so sure to speculate Eth reaching its ATH. This is currently an impossibility that can not be achieved. Although on the crypto space anything is bound to happen. Eth may or may not quickly see its ATH soon This would take a great time Anything could be possible but also we don't have to expect a lot as the market is not really that strong and the movement is quite slow compared to the last Bullrun. We know that ETH would follow Bitcoin but I'm not convinced that it will soars high and reach to $1k this year, it is actually high. https://www.newsbtc.com/2020/02/09/ethereum-trend-bullish-bulls-aim-250/
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A close competition happens in the basketball in which everyone's on the list is trying to prove that they worthy of praises. Lebron James is not new to this and even awarded for many times but yet, he is old enough and be sometimes outperformed by new aspiring players just like Giannis, Doncic and the last year MVP finals Leonard. But the possibility for LBJ to win again is till at a high percentage knowing that many LBJ fanatics are still supporting him.
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Well, I am pretty agree with you OP. In addition to that, being yourself is one of the important ways to succeed in this domain, many people will try to give you some advices and regrettably most of them are useless. Just focus on yourself and try to improve your knowledge in different ways, and believe me, there is a great possibility that you will lose a lot of money in beginning and that's necessary in my opinion, failed experieces will teach you correctly and even more than the successful ones.
There is no harm to listen to other's opinion and may these are also helping to develop our mindset but of course, we also have to think and act wisely in accordance with our beliefs. In this kind of investment, we shouldn't have to rely on others all the time but instead, we have to stand our own. But much better also if we are open-minded person accepting some new ideas and for us to develop also, and this is very important in any investment and business.
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Hey. Can you tell the beginner if there are any professional advisers who can teach you how to trade in practice? Crypto courses and general informative articles are great, but I'm having in mind something with more practice included. Does it make sense to look for them and how much scam there might be?
No one can scam you if you do not pay them. There are many telegram and WhatsApp group where you can get free knowledge and signals and almost all of them have premium groups where they charge you monthly payment to give premium signals. I will advise you to join free groups and learn how and what signals they give. But do not join any premium group. Just get knowledge from them and try to analyze the signals. Soon you will be able to understand trading yourself. It can be of free but what if you are acquiring other people to manage your funds in trading is a different story and surely you'll have to pay him/her for services. Yes, it might lead to a scam and so it agreed that we better not to deal with this kind of service rather having our own and so we also have nothing to blame in time there is lapses happen.
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I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
Take it easy. It doesn't mean that the value of price today is high, it will be like that forever. That is a very high risk you are taking, and before anything else, you should read and read more about bitcoin and cryptocurremcy before doing anything else. You'll end up regretting your decisions. It is better now for you to be familiarized in the concept, and deeply think about it, if you ate going to be ready for investing your money on bitcoin. It all be at risk, even outside crypto investment but above all, we should have to think positive as will and may this risk will give us passive results. However, if we are in doubt for crypto and afraid of its risk, we better not to try. That is why, if we are thinking about this, we should have to plan first and be preferred for any circumstances that might happen to our investment. Yes, $15k is quite big to start as a newbie and much better not use it all until such time that we are knowledgeable enough in this field.
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I have never been a fan of pump and dump type of coins that may peak and then burst instantly rather i like to invest in serious projects only with relatively decent market cap, for example Cardano is a great pick for me not only because it is a great new project but it is also trading on long term support price and i am very confident that if momentum continues it can easily provide 10x plus gains within an year what else you can ask for.
Those on the top list has already had a name and known to everyone, and obviously a coin/s to look first before seeing down. It sometimes we also have to look those coins that being push during 2017 Bullrun for it may have their chances also to bring back its trend just like Verge which I invested before. But I'd never expected that this coin will work that so easy and all been relying on (some) investors to put their money as well.
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Money talks and that is basically happening around in crypto. But have we ever think that this (shit) coins could survive even though they are already been listed in the market? It probably they'll not and there is no guaranteed assurance that investors will look into these coins. Of course, they are also looking for valuable coin/s that have a huge market volume and these (shit) coins had missed that one.
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It's likely we have to emphasize that it is better to trade our own than relying on someone else or even much better to make use if legit trading bots. People are not suggesting to have this idea because they'll able to see what might happen to you and I think that successful traders aren't go that way but rather to trade their own and accept the risk. And I hope you are able to get it.
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Well the year is starting and there's many days, week and months to see the price of ethereum in that kind of amount but of course no one can predict every situation especially the price of every coin in the market. Hopefully this year will be great and we see that eth will back in the highest price.
I'm not sure the price of Ethereum will return to the highest price, I saw at CMC that the ATH for Ethereum was $ 1,400 of course this is a very high price compared to now, requires 7x the current price. I only dare to say that the price of ETH can reach $500 at the end of this year. Hitting for another $500 is quite optimistic and quite far from reality. If you could see how ETH moves side by side, ups and downs, and being independent on bitcoin movements you can eventually think that ETH never reaches so high this year. Maybe you could think because of halving but it won't guarantee that it pushes altcoins to soars high, it might be for Bitcoin but not really it affects the entire crypto market IMO.
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One thing I consider most in trading is to know our own limitations. Some people push themselves in trading even though they don't have such capabilities. Yes, knowledge could be gain as we go into trading but the question is, are we preferred and accept losses? Maybe not.
If we know a word enough, we simply skip from losing too much. Changing our mindset to a positive one and being contented of what we might get during our trades( even it is just 1% gains), it surely we will go far.
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Bitcoin will crash or cease to operate if every miner stops the mining process. Thats the only way I think can stop bitcoin. But since its decentralized there is no way we can do that. In centralized things its possible to stop or manipulate since you have complete control over the process.
And to add for this, when all the supports coming from miners, investors, traders and users will no longer be inherent. It could be an odds to see like that but that is the only way I could think that it stops crypto. But, are we letting this thing to happen? Definitely, not, in fact, we even supportive to the market even we struggles so much difficulties cause we believe that this could help us to our life and our future.
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I supposed to think about but the market shows not so aggressive to push Ethereum moving up. But anyway, it was so early to think that it was impossible and may halving could give a twist that could help to uplift Ethereum for another peak again. However, even we can't able to see ETH soaring high again but still, people will always give trust to Ethereum and will keep supporting for its journey.
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This is nothing new to the market, anytime soon the prices will fluctuate over and over again. Thinking for a 20% drop is not a big deal for us who believes and trusted Bitcoin cause it will just eventually change in the following days and show more improvements more than of its loss.
The fall could be of some reason but not a thing we have to think of being in the negative all the way.
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We are still not getting far from any form of a pyramid scheme, cheating, and many questionable acts that will lead to losing. In fact, not only newbies could always be their victims but sometimes it happens also the old crypto investors. It is most likely that scammers are improving their strategies also so they could still catch their prey.
With all the awareness that spread in the forum and even in social media it still, we could about complaints about this. It may be we could ever stop this thing of its existence.
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I actually bought some Bitcoin in the 3rd quarter of that year (2017) and to tell you guys, I'm still in big regrets why I'd never sell it when the price reaches its peak. It was a big mistake but it never gives me losses by then since I sold it early 2018 and the price still in good but it actually most daring if I could sell it when the price is $19k ( it supposed to make it triple from my buying price). But anyway, it passed already and we'll have to move on and face what is the coming. I know it will be fine in the year and onwards.
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Bullish is what most people are thinking now, $15k is much reachable if halving will have a positive response from the community. However, the price still remains puzzled for everyone for we know the fact that it will moves somewhere else and nobody knows where.
if the market will pump a few weeks before halving, it was bright to see that bullish will not be going far from happening again (IMO).
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