This realy seems like users are looking for excuse to panic. First China and now Korea thing that in reality wouldn't make such impact on Bitcoin price if users didn't make the panic and started to sell. Don't give such attention and importance to everything that you hear or read, try to think critical.
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Now the price is recovering again but everyone who wanted had the chance to buy some Bitcoins at lower price and make profit in the upcoming period. So when the price falls it's not time to panic but to buy just that many users haven't figured that out and they are doing just the opposite.
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Now the price has gone up compared to a few days ago, and it looks like september 30, will reach $5000. I got tempted to sell bitcoin but I'm still waiting until the beginning of October.
The price looks like going up again but this could be temporary. In this period the price will stay rather volatile and I don't believe we will reach 5000$ by the end of the month. Probably the price will vary somwhere around 4000$ till the market gets more stable and users less caucious again then the rise can begin.
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At the moment I prefer cryptocurrencies but stocks are also good investment option. Maybe the best would be the combination of these two so to diversify the portfolio if you have enough funds. On that way you will minimize the risk and incrase the profit possibilities.
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For me Bitcoin is still the first and most profitable to buy and no other coins can compete. But if you are looking for some altcoins then I would suggest Ethereum, to my opinion the second best choice and definetely the coin worth investing.
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No, this is not going to happen, no one is going to criminalise blockchain technology or Bitcoin because of no reason. This sounds more like the conspiracy theory to me. I think that too many users here are too many occupied with government-Bitcoin relations and they develope too many theories that have no ground.
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What do you mean by wiped out? That Bitcoin will disappear? I don't beleive this is going to happen. The value can drop down but it will not be wiped out. It's very established by now and can't be gone over night, not without some terribly good reason or even disaster. Bitcoin and cryptocurrencies are the future and in the few years time they will be inevitable.
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To my opinion active and proactive approach is always better than passive so trading would be the choice. But still the best option would be combination of these, so trading but both, Bitcoin and altcoin, and holding Bitcoin for a longer period of time. It's important to define your own strategy and stick to it, that is how you will achieve the result.
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Depends what sum exactly do you mean by monthly income. It's about average monthly income from the regular job or something else? But no matter that some here have said to m opinion that is more difficult that it seems. Trading is risky business and no one can't guarantee you profit. With invested 0.1BTC you can make nice profit but you can los everything as well, it depends on your experience and skills.
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I'm not so sure about buying but I can tell that I will never stop trying to find the ways to earn Bitcoins. This is always a better solution and I believe everyone can find something for himslef where he can earn some Bitcoins because it offers so many possibilities. Nevertheless Bitcoin is good investment especialy on long term so even if you decide to buy it you will not go wrong.
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Happenings that we recently had, like that one in China, affect users in negative way and create panic. Masna te very careful now and afraid to buy coins because they think the price might fall again. But everyone with some longer experience will remember that we had similar situations before and will not react so impulsive. The soulution is not to panic and to sell but to educate people more how Bitcoin is functioning and what is behind all this.
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I can't agree with such statement because it's simply not true. Bitcoin has developed a lot and passed a very long way from the begining until this role it has now. It's getting more and more accepted, it has practical use in real life, more and more governments are taking into consideration the decision for regulation and it's becoming the normal part of peoples' finances.
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whales are kind of a myth. not that they do not exist, but them selling or buying wont move the market if there is noone following. who move the markets are the sharks they join together and do pumps'n'dumps But like you have said, they can't do anything alone, users have to follow. But I still think their influence on.market is a bit exaggerated and I think there are not so many whales people believe and they don't have so much Bitcoins people think they do. Nevertheless I would like to know just for curiosity how much Bitcoins does the bigest whale has.
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I think before the china ban bitcoin had a resistance value at 4000$. Now after that is it dropping and pumping so frequently around the 3600$ value. 3600$ looks like new resistance value. so I am expecting it just below the next resistance , around 3900$. Let's seee.
Yeah, I could say the same. The price will not go over 4000$ if reaches that value by the end of September but at this point of view probably would stay under. I expect to recover in October. But people should not fear so much and not consider happenings in China as only relevant. We need to abandon panic, it can only make harm.
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This trading signals and advice from different "experts" sometimes could be false and lead you to wrong decision. Often there are also oposite to each other so to my opinion it's the best to follow your own strategy based on experience and knowledge you gained in trading. In trading it's not good to copy someone.
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Is this pokemon thing still alive? I thought it isn't popular anymore and people have forgotten about it. But if Bitcoin was infiltrated in this pokemon game that would for sure increase the popoularity again and attract more users that would see new possibilities for profit. It would be a good move so organizers should think about it.
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I'm not so early adopeter like some here, I'm with Bitcoin since 2012 but I can say that back then it was quite different than it is today. It seems to me that it was easier to get Bitcoins than today and that users were appreciating Bitcoin more and accepted it for different reasons not just pure profit. But for anymore who wants to join the Bitcoin it's not too late, there is still time, I think it's still young cryptocurrency with a lot of space for development.
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I believe Bitcoin has to move and circulate, it's not made for people to hold it. What would be tehn use of it? So it should be spent and invested. Of course if you have a lot of Bitcoins you will not spend them all but save some amount as a back up for the future.
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To my opinion Bitcoin already is worlds currency because it's used everywhere where people have Internet connection so in theory it could be used in every country in the world without limits. But Bitcoin will never be official currency in any country in the world because it can't replace the fiat currencies and change the basics of worlds economies.
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Don't think this is going to happen. The price is still very volatile these days, goes ups and down all the time and I think this scenario will continue for a while. But the price will remain somwherevbetween 3000$ and 4000$, not lower than this. Maybe close to the end of the year we could see Bitcoin close to 5000$ again.
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