There has been very big changes in Bitcoin price in 2 years. In fact, this year could be one of the best years for Bitcoin price I think. It has been over 10k dollars for a very long time. Bitcoin use is also increasing year by year. So yes, Bitcoin is in a nice shape. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin started from scratch and usually has been ignored. They think nothing and it was surprising how it gets hypes and reaches $20k. Even though we couldn't see it back again, we are still far from where we started, and it was enough to say that we are making good almost every day. Seeing the dumps and followed with the pumps has come to normal in the market and that is no reason we should have to complain. The year 2018 and 2019 might be a bad year for crypto but I was only to think that we are just tested by our faith. It somehow the pandemic comes this year but opposite it happens to Bitcoin and sees people are adopting it than before which has a huge impact on the price.
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You'll not only promoting Bitcoin but also your channel and you would like people to follow your YouTube channel so they can see the way to financial freedom. But anyway, it is not important to see what's inside coz for sure it is all about drama.
Back then, The long-term investment could be something great to offer but living this volatile market, not sure if we have the guts to make it. The risk that involves here is terrific and that could be the reason why most of the crypto holders never do a long-term investment but rather to choose the short-term one. I admit myself with this because even though Bitcoin is the most trusted coin in the market but it can't really give us assurance.
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My strategy is to watch online/local news about the movement of stocks. also wait for any big/high impact news that may move the price of the currency. It's best as well if you're gonna use some indicators that will help you to predict the movements of the trend.
Then, how about the result? Are you making good with that? There is a reason why I'd never rely on the news because most of them aren't reliable. Some got interviewed and talk about the future of Bitcoin, that their own opinion or might some of them are just paid already. I usually observe the current market chart versus last year's performance and as well as in the past days. The market won't make such instant changes and it is possible that what it happens last week will be of the same as what it happens by tomorrow. Our instinct could be in use sometimes and not be more speculative nor to be optimistic.
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That is why they call newbie, they are no/less knowledge about crypto. What they have heard online coming from the news, YouTube, newspaper, or any sources, it does not enough to make them fully understand about crypto. Bitcoin price keeps changing, it is because it is never been controlled by someone or any group of people. Whales might it influence the market but it does not mean that they are the one who's entirely behind these changes. The price changes oftentimes for many reasons and we are not new about this. I think,supply and demand set the bitcoin price.
Not it's not, it only affects the price. Once the demand is high, the price is also high, and when the demand is low, probably the price is also low.
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I have seen person with disability at the same time a bread winner. Shame on those who scam and did not make their own living as like what these disabled person do. People who are scam are worst than disabled person.
There's a lot but having Bitcoin is totally different, not even those people who have no disability can perform well and understand it, how much more to a blind person? What is the sense of having Bitcoin if they can't even use it for their own? I'd never think about reality when it comes to this situation. It is sorry but they are less fortunate and not have time for this than enjoying their life what they feel. We don't need to give them stress thinking about investment or anything, this is not at their comfort. And this Bitcoin is only for ordinary people who can clearly understand this, not for them.
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Hi All I've been trading with btc for a while now with 4x leverage and without setting stop loss. But so far, I've been making profit. Although, I still have plan to reduce to leverage to 2x with time. Due to current market, I've not been selling but buy. I wait for btc to reach a specific resistance price and then when the price come down, I buy and set take profit to almost the current resistance price.
It was an easy thing for you if you feel comfortable with it. You already find it good, making a good profit without a stop-loss setting, the fact that it works great for you then there is nothing you'll need to change. I know curiosity makes such ideas and a new thing to discover. Yeah, a big adjustment to take but might be worth trying and possibly more effective. Anyway, you can still set it back to the normal things you've done if you never find it good. You can't assess how effective it was if we never had tried it, twice, trice...will good enough maybe. NOTE: We don't need to push ourselves if we are not ready for it, otherwise.
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Few years back, I could remember Cryptocurrency wasn't really known by most people and the idea was joked with, even I myself didn't have a thought on it, but the growth of crypto is now alarming that almost all my friends are into one or two of it. Looking into the future I suggest Cryptocurrency will suspend other past used currencies and take over, what do you think?
It is just simple...people believe crypto and trust it because they saw it and many could justify how it works and how people benefited from this. But we can't assure anything that in the coming years that the market is still good as it was today. That is why early crypto adopters say differently than latecomers because of different market experience. The market is getting risky since scamming and hacking incidents increases, quite worrying as it will surely give a negative impact on the crypto community. If we keep trusting Bitcoin and have a plan to invest, we better do it now as a great opportunity still there.
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There are a lot of videos in regards to investing crypto and teaching you how to invest, choosing the best coins, and many others but you don't be surprised that it leads you into one exchanger. Could be just misleading, that is why I'd never watch videos especially when it looks like they promoting something.
As a newbie, we better not to interact easily with those videos that we usually see online or anything we read about crypto. Because most of them are not true and not worthy of trust. This also not a thing that helps you, they are only catching your attention and might bring you there to suffer. It could be nice if we spend time to observe and so we have time to assess their legitimacy.
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Only a few people got an interest in mining because of huge expenses and we know that not all don't have such capability to fund it. And besides, it is not only about huge expenses but the risk lying on it in the mining industry.
Of course, why I should have to struggle that much since I know my self that it can't and I don't feel that it work for me. That makes us decide into the thing that we see a low risk and we know that we can make a profit without risking a huge amount of money. If that only buy and sell strategy gets your comfort, then you shouldn't have to push yourself to step up.
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I used not to take advantage of the hypes that Defi have caused. I can forget about the 2018 drops that most of us have suffered big losses after buying during the bullish season. Not a thing to simply trust project/s as they are listed at the Defi system because not only a few of them but many are shilling that system to scam people.
Thus, we if simply put our money into them without doing some research, it means also that we are feeding them and let them scam us. There is something we can't just ignore the current situation and the risk keeps stronger as many people taking that advantage over.
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Scamming everywhere, people get lost their money...a lot of these things to be heard and read online. This is no wonder why once we approach someone and told about Bitcoin investment, they are directly saying it was a scam. How these things can be changes and should make people to fully trust Bitcoin if the situation will have no change.
Doubling your money for just a few hours doing nothing is obviously a scam tactic but I felt amazed because someone still becomes a victim to this. How desperate they are when talking about easy money and instant returns, they make themselves to be fooled to a thing that is really impossible to happen.
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You're perfectly said it and it gives a hint to the community that this is just a scam thing. Have to expect that someone will be greedy enough to make such stupid action in order to make easy money? Well, I don't think so and I believe that people are also aware of the scheme like this and so much for them to have the ideas.
Because in the first place, I'd never think that someone will tell you that they are making money from this. It is somewhat a clever thing or a foolish one but that is what exactly to happen. It is enough to hear that you encouraging people to lose their money once they join your group. It was only a No-Brainer person will accept that offer.
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I'm also wondering how it goes like this but I think that Bitcoin deserves to be one of those, not actually it is fully adopted by most as a currency but because this was intended for a currency that means it belongs to the category. Bitcoin is getting known globally, not only because of the price but for now people are started to enjoy it as a form of digital currency that they'll use in buying stuff. Though only a few had started to enjoy it sooner or later, we can be of that realizations once it fully adopted and merchants are open for it.
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Just like to ask you also what you would like to do in your life in crypto?
Many people come in here for different reasons, *trading *pure investment *Some sort of gambling
It could be best not to hurry towards crypto, it takes time to fully make yourself ready to it. These things will help you to guide what you need to acquire first before getting involved in one of those. Because I'd choose to become a trader, then I spend more time into the trading discussion, the same we'll do to the rest. We should have one thing to focus on first before we jump into another one.
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I respect the opinion that OP has, the same thing I respect others.
I definitely not to argue with him coz in the first place I know already that Bitcoin is not going be dead but instead of seeing it places a vital role in the community. OP just missed the thing about Bitcoin, he only focuses on the price but not the way it serves to be of its purpose, the reason for its creation. If he probably welcoming crypto, he'll never say like that.
I need to push him to trust Bitcoin, he's one of those people who've been looking Bitcoin as a scam thing, unrealistic, and just a fool. We are all not like him that is why Bitcoin pertains to survival against the negative because a lot of people sees already the benefits from it.
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What it fuels this is that more people are getting into altcoin investment than of Bitcoin. A lot of altcoins surging high for just a moment and then it turns back down. It is quite to see that DIA isn't amongst them and having listed to any reputable exchanges is simply a ticket for them to have a reason that investors will look into that.
But even the situation turns like this, we can't still deny the fact that anytime soon, the current momentum will put on hold. That's still we need to be careful in choosing a project and could be better if it is already been back-up by a reputable and known exchanger.
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I don't know if I'm looking at a different chart but Bitcoin using tradingview right now is priced at 11,450$, yes Bitcoin had gone up at 12,000$ but it didn't stay at that level very long since it closed the day at 11,660$. Like I have been telling for several days now it doesn't matter how quickly we push the price and how big it is as long as we have weak volume our price surge will just be a surge and nothing all.
You've found it right coz OP posted it last Sept 1 and after that a very short span, the price drops again that is why you can no longer see it. And we can't also expect to keep that line for long. As of this writing, 2:45 Eastern, USA, she's at $12,000 again.
We are still not able to hold the $12,000 resistance to this time as altcoins keep soaring high with this Defi system. But we are looking forward to having a huge jump in the last quarter of this year. It is, for now, our chance to accumulate more Bitcoin, this will never drop hard, and back to $9,000. We're supposed to think for an inclining sentiment as BER months started but I was not expecting another ATH as it is quite impossible as it shown.
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DEX has come first but people never satisfied their performance and looking for better. CEX is the answer of our call, not that perfect but enough to prove that they are much better than using the old DEX one. Should we need to used DEX while we have CEX already that can give us a good trading experience? It doesn't matter if that is control, traders what to have fair play and we can't see it from DEX as most of their volume is manipulated or somewhat say its fake. https://hackernoon.com/cex-vs-dex-which-crypto-exchange-model-is-best-1dfcf80f4221Hope to read and understand the difference. And it is up to you where it favors to your side. No wonder why it is obvious that traders now are preferred for Centralize exchanges for some issues. Though it is stated that CEX exchanges are prone to hacking but it is very manageable and it never gives a reason for them to give up and get back to DEXes. yeah, I was using DEX before and it is noticed that the market volume is really far from the CEX a reason for me to stay there. We are moving forward to the continuous market development and much exciting to how CEX could improve their services and having a strong security platform that it helps to save from any hacking incidents.
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I understand what you feel and you've been disappointed. But the reality is that crypto investment will no longer be a newbie-friendly. Why old users emphasize only the best one because they don't want to lead newcomers to be in trouble and much disappointing to see. They already have a bad experience in the past and they don't want others to experience the same. Maybe it is wrong of not telling why because we also need to know the consequences.
if we need to secure our funds and saves us from becoming a victim to scamming and lose control of our funds, better to listen to old users.
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I have the same problem with my money. After depositing the ethereum network, my transaction is waiting to be confirmed. In the meantime, I sent another transaction with a higher but unconfirmed gas limit. This means that both transactions are pending. I don't know what other blockchain networks will look like? Right now Ethereum is in severe congestion.
You're right, the Ethereum network is really congested that it takes days to wait before it confirmed. The situation is also being hyped as a lot of people using it due to Defi projects. It might be worsened if the surge continues and fees relatively high as well. And in your case now, all you have to do is to wait. Even you are sending again with high fees still, it takes hours/days and I don't think it is necessary since the result is still the same and pending.
@OP, it is better to wait for the tx to confirmed...though making another transaction is allowed but still nothing to happen if the first tx not done yet.
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