Seeing the chart, yes, bitcoin is. But I just think that bitcoin isn't a company or any kind of organization to begin with. Can you post here your source as well? [Edit] Found it hereThanks for this. I'm surprised that there is a website like this. I am surprised at what Bitcoin did, surpassing Visa and Paypal which is one of the companies or financial service companies that are comparing with Bitcoin a long time ago. I can say these companies are totally different from Bitcoin. There are some parts with Visa/Paypal that can't compare with Bitcoin, I think there are some people who don't own some Bitcoin but know what Bitcoin is that can say, Bitcoin should not be in the list.
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From what I see here, I am looking forward to an area of $19,000 - $20,000 is strong support here, significant support especially from last 2017 peak. People may start buying again or waiting for $20,000 to buy again, it is also psychological support for some. If you check the price of Bitcoin last month, we got a lot of time that Bitcoin stays around $19,000 and after it broke the $20,000 it easily reach the $22,000 - $23,000 level. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FeNvqtKL.png&t=663&c=4rxBRwu_Av9vRw)
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The news at the moment doesn’t seem to have much of an adverse effect on bitcoin and crypto. The new variant of Covid-19 forced London and the rest of the UK to impose strict social restrictions, but I don’t see any drop in the price of bitcoin, (....)
From what I see these days, these dumps are for correction only. I don't see any major dumps because of some news or FUD. Talking about the Covid issue, what I really observed was the first major hit of Covid around the month of March this year, it was a sick dump. But I believe this time, it will be different, people already know what happened last time. Especially, there are some vaccines now. But if Bitcoin will dump hard again, I am willing to buy the dip again ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Other than that I had also a question which is: would any of you recommend trading through an automated trading software? (....)
Speaking of automated trading software like trading bots, I am no hater for it, a lot of people already making profits by using this kind of software. But my advice are; you should first master how the market works, you may try to use the manual way first before using such automated, you should first know how the automated done. You should first know the foundation of trading if you are still a newbie. There is a lot of automated trading software that are already built-in trading strategy which only requires few clicks and you are ready to go, and some are can ask some strategy of yours and they will just follow what your inputs are.
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to manage bitcoin price risk? of course by using a support and resistance strategy, without this strategy I was very blind, and I succeeded, even though not 100%, it's just that it makes it easier to handle risks in bitcoin volatility.
Not only in support and resistance thing but also in other technicals a well which you can really use on making up your analysis.There's no such thing about 100% (....) Telling buy low, sell high, support, and resistance strategy is really simple and easy to say, but if you will dive deeper, things are complicated. We are talking about risk here, I believe every trader or investor may practice risk management, it is one of MUST strategy that trader needs. Managing the Bitcoin price risk is difficult, that's why a lot of my family and friends already asking about Bitcoin to me and they are always telling me about "easy money", I always educating them that they should first know the risk, especially in crypto market.
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Agree with mk4. You should first identify the risks of holding your cryptocurrencies within exchanges. There are a lot of ways to invest in cryptocurrency, after you bought your cryptocurrencies, you can already store them in your personal wallet, which you hold the private keys, you can guarantee that you are the only one who has access to your cryptocurrencies. There are a lot of crypto wallets, try here or you can also buy some hardware wallet if you want.
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Have you tried to use other browsers? I think if you are using the web version of Binance, then your browser may the problem here. Binance got already desktop applications already available on macOS, Windows, and Linux, you can check it here: Download | BinanceIf it still not working, you can easily contact their customer support, I believe Binance's customer support is active, I already tried before, I solved my problem in just a short period of time.
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It seems what happened last 2017 when Bitcoin topped around $19,000 is happening again this time. Peaked in the month of December is starting to decline again. But this time is different, no abrupt dumps or pumps compare before. I can say this time is more healthy price action. The total market cap still not showing any bearish sign. Observing the total crypto market cap may also a good idea and way to identify the bull/bear market. So far, so good for me. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fobr5dQ3.png&t=663&c=FTlS99iB4N1_Cw)
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I'm really disappointed with Ripple. Last week, I used Ripple for gambling, I converted my USDT to Ripple and deposit it to a gambling site, I did use Ripple so I can save a transaction fee or withdrawal fee from the exchange. I already made 10x from my starting capital of Ripple, but when I will calculate it and convert it to USDT, I lost a lot from the price I bought. For me, Ripple is still profitable, a lot of buyers may try to buy this dip. Upon checking the chart of Ripple, a significant move, touching multiple horizontal support. But it's still risky if we may see a small pullback and Ripple will continue to dump again. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fo6GnXqQ.png&t=663&c=6b0bvdKlUr1WnQ)
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Thanks everyone for the ideas. It seems difficult and complicated formula. What I am planning is to create my own simple app or calculator just to calculate few numbers, my input are just the amount of initial bet and my total balance.
Is anyone here already tried this kind of calculator online? I tried to Google "martingale" calculator but the results are different to what I want to achieve.
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Ico startups can spam the hell out of these buyers now!
Yep, also some airdrop of some altcoins. These data is really important to these kind of projects. Most of those email addresses and some information are for sure interested in cryptocurrency or already involved with cryptocurrency. The less worst will happen is some people may advertise ICO or some airdrop to data, and worst is to phish those people. I hope this is the last incident for Ledger, for sure they may lost a ton of customers because of this breach.
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Thanks for this AakZaki. I recently got the same business just like this, but for me, it's kinda different, you got the platform Binance, while me is more on personally and local. here. I also want to try this, but please enlighten me for few things. - How can you make money here if you use Binance platform for P2P? Is you gonna make profits by the buy/sell spread price here?
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Just a quick help. Is there anyone here knows the formula for Martingale lose streak.
What I want to get is the how many lose streak before my x amount of money will lose.
Let's say I have 100USD on my account. My starting bet is: 5USD For every lose, bet will increase in 100% and if I won, bet will reset to 5 USD. Martingale style. So, what I want to get is how many lose streak before my 100USD will get rekt? Is there any simple formula for this?
Thanks!
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I have to respectfully disagree with anyone that said offer a cheaper price than other exchange platforms for this. I'm not in PH at the moment but based on where I am now, OTC trades cost more than normal trades in an exchange since you're eliminating the centralized exchange and replacing it with yourself [it's still under a centralized nature but with more flexibility] so you should charge more. - If they're after cheaper prices, they have to do the whole process by themselves on those platforms. (.....)
This is also on my mind, if I will only base on an some exchange rate which I can say that I may get small profits, but I should also consider the trading fee within exchange. I decided to ask some small amount for a fee, regardless the spread of my buy/sell price. BTW, I found another good exchange which don't charge withdrawal fee, and I really find it useful for my kind of business. It is FTX exchange, they don't charge withdrawal fee. Only BCH and XRP for now I already tried.
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As in all? even your alts have been sold too during that bearish market? that's not the ideal time to sell if the market's too bear. (....)
I already experienced this before, especially on previous peak around 2017. That year also I was introduced with Bitcoin or cryptocurrency, what mistake I made before was buying and buying without doing research on altcoins. I don't even price target or stop loss. As I remember around year 2018. I sold all of my altcoins in lost. I did it because I really feel bad and I don't want to think again those memories. That's why I started to accumulate Bitcoin instead of altcoins, or majority of my portfolio are in Bitcoin and some high market cap altcoins.
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Wow, what a complete turn of events, I should have put a bet when the odds is still @2.x for Gaballo, LOL. Nevertheless, it's awesome to see the Filipino getting the nod of boxing pundits. (....)
I started watching the fight from Round 5 until Round 12. What I observed on the last 2-3 rounds, Emmanuel Rodriguez really owning here, I thought Reymart Gaballo is about to knockout from there. I am also worried that I think Reymart Gaballo gonna lose the fight, but hell yeah, he is still undefeated. I think if Rodriguez manages to knock out Reymart Gaballo, for sure he won.
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Has there ever been a case where a user's bitcoin had been stolen by way of simply connecting the hardware wallet to the computer? (....)
Phishing websites or software / malwares installed on computer. There are few issue before on Ledger regarding of email on the user of ledger hardware wallet where the email consist of phishing site and asking user for the hardware wallet's seeds. Storing hardware wallet's seeds online may not be safe and good move. What I love using hardware wallet is there is no way to get your funds as long as nobody knows your seeds or keys.
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Major problem of being a newbie is being a greedy. I think majority of successful trader these days experienced of being greedy, I admit it. But we should take those losses or failures as lesson to become successful trader. We all know how volatile cryptocurrency is, so being more greedy in this market is extremely difficult, you may get rekt at any moment.
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Some billionaire or rich people also think the same. We have different minds, different opinion with Bitcoin. Mark Cuban is one of the example, it's just his own opinion, some billionaire too may disagree or agree to him. That's why what the majority telling, don't invest all to Bitcoin or don't all in, or diversify to some assets. They may be true. No one knows the future of Bitcoin. But the innovation or technology behind Bitcoin is really amazing and I believe it will stay forever and will help our daily lives.
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Some people may think that talking like those figures may funny or some people are just making fun of it. Some people are troll, and they are using it for trolling purposes. There is nothing wrong for thinking some impossible figures like what OP mentioned. But for me, it is possible. I am also hoping those figures in the future.
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