I'm glad to have that trading opening in your minds. You are not new to the market and I believe you already know the market behavior but never underestimate trading coz it actually different in the actual scenario. I know you could easily make adjustments as the market makes a challenge for you. That is why we need a friendly user market exchange, Binance and Kucoin could really satisfy you. But I have to suggest that to control also your emotions, though you are thinking of a short-selling. And I'm afraid you can't make it all the time as the market never goes high every day and so holding will also be needed in quite sometimes.
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Hi. I am somehow new in crypto world and I am wondering if anyone has any suggestions on where could I upgrade my trading skills? Any good website with this kind of info? Thank you.
You've found it already. Just like the other says...this forum serves you a guide to becoming a trader and a successful trader. Well, it depends on you on how you approach the market and how you bring yourself to it. Learning in trading isn't just by talks, a lot of resources but it absolutely more in the application in order to evaluate your learnings and to find mistakes so it can be corrected earlier. More experience gives you more knowledge and that is what we need to do.
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I'm thinking about a pump early this year as the market shows a positive look at the start but something it is impossible to happen as we are facing the crisis today. 26 days (left) isn't enough to see a bullish if the market trend goes like this. Maybe we have to accept and might this halving isn't really creating a bullish unlike the previous halving did.
But anyway, I'm so glad to see Bitcoin's prices seem in a good position. Though altcoins suffer a huge dump but I'm not thinking that it worsens as halving has to finally at its launch. Instead, it could some way to uplift their current market situation.
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I think this is a simple situation, whenever a bounty group is dead. It literally means that the bounty management team cannot attract projects to promote and also cannot attract bounty hunters.
It happens most time, when there is greed.
It was that ruin when scams started to grow and it badly affects the reputation that was been good before. If we could recall somehow in the past year when the crypto is just started to spread, it was really a good way to promote projects in the community. But suddenly it was change and you are right, GREED is the reason to start ruining it. It is no wonder why investors never look for new projects because of this and the assurance has nothing to see.
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I think it's quite difficult to find fraudulent projects, because most projects look convincing or look real. as you say that the project is well organized, but there are still ways to avoid it by doing detailed research about the project and leaving if you see suspicions about the project.
They are not perfect, there's always a hole in a team that would give us a hint to figure out their true identity and market intentions. Of course, we can't easily figure it out and they are making things to sort it out but this kind of trick will never succeed in the ends. But the sad note is that they already have their victims before it was noticed by many. It can be an unlucky day for them who are caught this scamming activity but the good thing is that we save a lot and also the market reputation.
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Unfortunately, but the coming economic crisis in the world can as well help Bitcoin's price, as well as seriously harm it. At the moment of the first signs of panic on the stock exchanges, the price of Bitcoin also dropped significantly, and with subsequent bad news from the classic exchanges, a large drop in the BTC price may repeat. ~
Because people don't know what to believe.. whether BTC is a good investment in hard times or not. We're living BTC's first real, live test and this is when its fate is decided imo. For now, it looks like people are starting to believe more in it as the COVID-19 crisis goes on. I think the last big decline was caused by panic on classic stock exchanges, and the people who sold BTC are investors who don't know much about the cryptocurrency market. Those who know how inflation caused by the crisis can affect the price of Bitcoin will soon see great potential in it. This is a big opportunity for the cryptocurrency market and I think it will be well used this time. However, we have to wait a month or maybe a few more. Probably a month or a year. However, this will give no change to the insights that most people have seen in the market. We having this sideways, we've been up and down several times. The situation isn't new to us and so we don't have to show worries because we don't know what will happen tomorrow, next week and soon. Bitcoin believes to have its market potentiality remain strong and this will helps/encourage traders and investors to keep calm even the others are in panic selling.
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This situation is not good for us too, sorry
That was sad but actually, this a thing we've been experienced for 11 years. We saw the market dumps before and much worse than we have today but we still even escaped by then. The situation may harsh but this is not a reason why we should keep ourselves worrying. This is not the end of crypto right? And so we still have our chance. We can feel this negativity sometimes but we don't just let this nega influence our decision making and badly make it wrong. Keeping our faith and trust strong will help us out from these worries and see the bright side coming to crypto in the coming days.
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Those who have btc or are trading with btc be trade very carefully btc will arrive at 4500-5000 very soon The chart is well noted that there is no positive sign.[/size]
Special Note : It's just an estimate from my analysis not any financial advice 😊
Then, I have to presume also that the market won't fall instead to see it rising. I have also to think about the coming halving and may this event could have something to change the trend we have today. Though we don't have strong market resistance but this won't be a reason to see Bitcoin dropping. We are currently at $6.8k and we've been stabilized at this range ($6.8k - %7.2k) for how many days, this may be quite enough to think that we can make more pumps rather than seeing it falls into $5k.
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Can we stop this volatility in order to make our trades safe? Not really for sure. We have this risk because of volatility but something it gives more benefits than to have a stable market. We can make buy low and sell high, it is because we have this kind of market feature and we live this since before. Volatility is not a factor why traders (especially noobs) are losing but it is all because they don't have enough knowledge in crypto trading. That is why we have a lot of strategies and it seems to be effective depending on your capability and as well as the market trend.
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ATH is not out from my sight but the problem is we got nothing to expect to come out this time of crisis, of course, we can't disclose its possibility but the chances is low. That is why I shouldn't have to think about it, in fact, I'm satisfied already with what the market has shown to us. Even though we are still low, I believe that traders are still making gains at this time.
In the first place, We are not here just only because of ATH but we are here because we also want to know more about crypto, making trades, and make money from it. We can't deny that more people come to crypto during the bullish but they'll go once bullish is over.
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This is a common practice of ICO before but I'm not sure if these new projects did the same.
Well, burning tokens initiative is also having a price effect but it never feels especially if that certain project did nothing to contribute to the market. The price will remain at low even though they are cutting the total supply in order to uplift the price but it seems to be useless. In general, burning token means nothing if that project is just a dead one or scam.
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Will you start buying after the release of the vaccine or are you go going to wait or are you now buying because you know the market will eventually get better.
I have to start buying right now and why? Because the market will get into skyrocketing once the pandemic has stopped. Maybe we have to take advantage as the market prices are still low, accumulating it by now will seem to be hopeful and profitable in the end. We are not seeing exactly when this crisis puts its end, a year or more? Its all been in the possibility... The market still strong and I have no worries that we suffer a huge dump because of this pandemic. That is why I have to take the risk of buying now and hold until we get back to normal again.
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It is most likely they are getting bored by now or they are probably having room to Gamble online and feel comfortable with. May others will think that they are stopping( I hope they will) but probably they won't. Gambling addicts won't find their comfort zone if they can't gamble and I believe that they have to find a way in order to please themselves as the crisis continue.
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In the other thread, there is asking of XRP could reach $5 ( https://bitcointalk.org/index.php?topic=2866208.0) it was 2018 and now? We are just targeting $1 ( a deep low as I think) and yes, it is to believe more achievable than that. But we should have to expect for Ripple to rose high when the market remains of what we have today? The chances are really small. Though we know that it has market potential but it seems to look that XRP price won't go higher if Bitcoin does nothing as devs might not commit to making move either.
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I believe most of the online gambling sites would have the function to allow players to see their overall profits and losses on their account. But I still see some players who have lost more than 100 Bitcoins to keep on gambling almost everyday, I guess gamblers who are seriously addicted to gambling does not really look at their stats on their gambling records.
Some gambling addicts see that it hurts them and considers the value of loss in the record is the value that must be taken back no matter how much capital must be spent. The greater the value of their losses in the record will make it more difficult for them to stop chasing their losses. Lol, that means the loss statistics increasingly encourage them to play gambling. Chasing those losses is no way to find and get it back again. It is to remember that the more we gamble, the more it possible to lose and this could never help. If we are doing this just to cope with the day we lose and applying martingale strategy, this will only worsen the situation. I supposed to think it before but something it won't help and it only hurts us seeing a countless time in losing with only a few we got to win. Maybe it never makes sense at all, it might better to forgot the past and just enjoy gambling without thinking about the losses you've made.
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recently I saw the best prize projects in 2020 (INSURE) and tokens (SURE) already registered on the CoinmarketCap website. - https://coinmarketcap.com/currencies/insure/- 1 SURE = $0.015725 ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) but suddenly the project stopped for a reason?? How do you feel? especially for prize hunters who have participated in the Insure Project from the start? why does a good project always end like this? It is not about the price so we can call or measure that a certain project is good or a scam. For that, it stops for no statement coming from the devs, then it is clear what this project trying to tell us and it is obviously an exit scam project. I hope it won't and they are telling the truth because of the outbreak and we can give our trust back again. But it is oftentimes to happen and having tricked by presenting a high reward, high price value but all just a trick. And they should come back otherwise, we can't blame the people to say something not acceptable.
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People who choose government-controlled investments because they feel safe, and they think the government will protect it.
That is there is the first concern and truly we can't deny that could help for it minimizing the risk involved. But somehow people are looking for more profit gains even they will face the high risk but still, they have to make it. High risk = more gain This is the main reason why people are getting interested in investing in crypto. And when the time has come that the government will be giving their string support in here, it surely a lot of people will rush to crypto.
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Yes,maybe now is the good time to use bitcoin because of covid19 but nowadays has no assurance that it will boast the value of bitcoin because many people at this time is much concern with their daily needs to survive and to fight corona virus. Many people would not think about investment nowadays although it is good to use bitcoin now to send money because many remittance center are closed.
Use for what? You said that it is a good time to use it but you also said that people are more concerned about the things they needed and also these money remittances being closed so you are also countering what you are saying. For me, not the best time to use it, but as you also said about investment, I think it is the best time to invest because of the incoming halving. Maybe he is trying to say about a good time to use as a currency. But it seems to be out of chance because not all stores/establishments are open for this type of transaction, in fact, they are converting it into fiat money for the sake that they can make use of it. And you are right, a good time to start crypto-investment not only in the anticipating for the upcoming halving but the price is much acceptable and affordable to the people. Yet, halving has come near but we can't expect how it can push the market at high since we are still in low market support.
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Yes, we could say that crypto isn't healthy yet with the current market situation but I have to disagree when saying the people stop accumulating crypto because of the pandemic. To the extent that crypto runs through online, we can still do trading, mining, and some other crypto investment. If we are also basing the price, I think we are good and healthy enough than what it happens last year.
I may think it was market adoption which is not yet ready and strong but talking about the status of the market, we are still in the average level.
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Bitcoin is just losing its value but not its numbers. May the others sell their 100 Bitcoins but many are also buying it. This might be the reason why we can't see Bitcoin fall into zero value but rather to keep seeing it up and down. A roller-coaster trend will signify that not all of us are riding all the way in one direction, there's always having in the different and opposite directions.
And to the fact that Bitcoin existed for more than a decade already is just because many people are supporting this and we don't easily give up even crisis arose in the market.
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