As much as I want I can’t say and expect on this one, but I hope that bitcoin will stay until my last breath because I’m so much thankful to bitcoin and I also want my future family to experience bitcoin, I will teach to my Children the importance and function of bitcoin soon, so hopefully it will last.
Bitcoin will last as long as possible and will never die !, There are already countries that accept bitcoin, so it's not possible if bitcoin will die, bitcoin age is still young, 10 years is still bitcoin, the future is still long, let alone Bitcoin is the money of the future , believe it. Maybe I have to believe it but I'm not really confident that Bitcoin will be accepted worldwide and it is possible to see that some people may know nothing about crypto. We love bitcoin because we know better about it and it looks promising but wondering why many establishments not accepting this one as a currency. I know we are looking to that way but something we have to think that Bitcoin is not forever because of its feature and not all of us are in favor of this, in fact, some countries are not supporting crypto.
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News is an important part of this crypto industry. More news are bringing more users to this space.
It can bring more users and investors if that news will the truth. I know we want to have a huge number of user and crypto investors but we have to tell them or warn them what it actually it happens to them and risk inside. The news must be cleared enough for them to understand the situation and not covering those negative ones in the order that it looks promising and really encouraging. Because we know that news is so influential and people around are also relying upon what they heard or what they saw.
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I can't admit that this about crypto in general. I want to specify with bitcoin.
Something huge would surely happen. However, the pandemic is maybe spreading faster than we may think. I can't tell what would really happen til time of halving. As the world is actually focusing on something bigger than bitcoin, maybe all the important stuffs can't have the real impact if the community is busy counting dead bodies .
Yeah, people are focusing on Bitcoin at this time and less considerate into altcoins. It is maybe because people are much hopeful that Bitcoin will rally as halving comes near but it seems possible that altcoins will follow by then just like what it happens to ETH by now which showing an impressive pump. We are much favorable if the entire market to pump and it all be possible if we all giving our support.
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I think Bitcoin is recovering it self and now it's latest price is 7K. This is how bitcoin coma back in market.
The price recovering started since the weekend but the altcoin market follow the bitcoin trend yesterday and the reason behind this current surge is the minimum supply level of bitcoin while the demand is increasing. I guess people are making plans for the upcoming halving but the market will still experience some dump in price before halving totally lock in. It is all been unpredictable and to that case, people much willing to see the market to dump and in the way that those people who sold their Bitcoin at the start of the outbreak will have a chance to buy again at a low price. Halving is fast approaching and people are excited to see how it affects the market trend while facing the global market crisis. And for me, I don't want to feel excited because I feel that there is no big change from the position we have now. The global market crisis, as well as the outbreak which makes keep people not to buy Bitcoin instead of keeping their money for a while until the outbreak is over.
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KYC is not a big deal for when someone asking it provide that it is a good intention and I know who is asking that. But something it turns out that giving our KYC to another person especially in crypto isn't a good idea. Having some instances that scammers are using other personal identities just to continue their bad intention will make people not to submit KYC anymore. And I hope that newcomers will be aware of this and they will not become a victim.
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This deadly virus is extending the dates of lockdowns across the globe, so I think this will surely Impact the crypto prices. After COVID-19 most of the people are scared as the prices go down and u am really worried now as the price slump down big whales target those who sell in a hurry so just will and chill for somedays the price will go up hopefully...
It feels that the pandemic and virus containment will be a long battle for all of us. We know how deadly it was in a very short period of time. May we say that there are a lot of people who died because of cancer or other diseases more than we have the record today but the continuous spread of it and a huge increase of infected individuals will carry some worries and I believe that whales may feel the same. Anyway, it won't give help to us of we always think about coronavirus, this will only start for chaos and more crypto holders to think badly. I know that this may over soon and the market will recover but expecting the price won't rally much high, 20-30% incline will seem too good for me.
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I don't think that is really in need to track our gambling experience and have a list of it coz I don't make it nor I'd tried to have even before. If I have a record of my losses since from the very beginning, maybe I can't imagine how much I spend in gambling without having any of it as a return. Maybe I have to regret seeing it which only gives us disappointment than rather enjoy our life in playing. Maybe it was a good idea for some reason but I'd rather than to do that because it doesn't make sense for me by then.
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That was expecting to happen during this time. In fact, we all suffer the widespread of the virus. There is nothing to blame around and put others as a reason for the market decline instead, we are about to understand the situation and most of the people who sell their bitcoin it possibly similar to you OP. Yeah, this thing won't be last a very long time for sure and you still have a chance to buy back again if you already recovered.
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We can say that most of the time, people would choose trading especially for novice or amateurs here in crypto. In gambling, if it's not the scam that's the risk then it is the full loss you get in betting. You'll lose your bet in gambling, while in trading you could still recover slowly. The idea of high risk = high reward still applies, so it depends how financially stable you are.
Thus, it is pretty obvious what we can possibly get from trading. People will go for gambling because they have enough money to lose. Unlike if you are in trading because you probably have a chance to double your money or even more if you are skilled enough in trading and perfectly in time. Though we think that trading is high risk but we can't disregard how gambling could do for us. It might be worse than trading IMO.
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No, I would rather secure my money on groceries and as an emergency fund than to risk it on gambling. After the quarantine, I am sure that the backlash of the pandemic on the economy as a whole will occur. The economy will not recover right away, a lot of business had closed down and a lot of employees had lost their job. Factories and farms are yet to start producing products.
That is great. The most important thing we have to think by now is how to survive from the crisis. In fact, we don't know how long this war will end and we are not sure if there is something left in our wallet. Gambling couldn't help instead so there is no reason why we should have to think this and prioritize this wants over our needs. I may think that we are really stupid if we do this.
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It was good to see that the market in the way to full recovery but I'm not thinking that there are a lot of people who are now buying Bitcoin. Maybe we could say that they just keep their Bitcoin rather than selling this time. But as we are still fighting for the pandemic, we can't expect that the market will be in bullish nor halving will make a huge pump. We are looking for huge market support to help the market in the rallying back but have to miss this thing knowing that we are still in the outbreaks.
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Investing on the advice of others is a mistake that new people in the cryptocurrency market often make. The majority of people come to the cryptocurrency market for the purpose of speculating to make a profit and they usually have very little knowledge about this market. Everyone needs to remember that the most important lesson is to make investment decisions based on their own research.
That supposed to be. The mindset of the people is to earn but they forget about losing. Well, that is the part of our crypto life, losing and gaining. Before we have this investment, it is more likely we don't have enough knowledge about this thing that is why we keep learning and searching in order to fully understand the situation. If we are not ready for the consequences that might await us in the future, we better not to try this coz for sure you'll be disappointed.
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Seeing on what OP's chart, we can't deny how the market behaves during the crisis, it really dumps itself as people might be in panic selling but the good thing is that it peaks again after a month. Believing that this COVID-19 won't badly affect the crypto market nor the reason that people must have to be in panic selling as the outbreak continues. We have similar cases before and we even survive from it, so there is no reason why we have to give up as we can see that we started to move back at $7k and so on.
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Goodmorning, i’m not new in the world of crypto but I never did an investment for lack of money, but now I recived a good amount of money and i want to buy&diversify my portfolio. So I just bought a Ledger Nano X and want to know which are the best project to invest. I always look with interest at $GNT, for their great idea of decentralizing computing and $BAT , and other suggest?thanks ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You have already a good choice of coins but I'm just wondering why you don't consider Bitcoin and Ethereum or even in the top 10 altcoins? Because they are much profitable in the market and even more progressive market performer. Since you have already enough money for investment, it is better to accumulate those known coins, refrain from having a number of coins it was good enough to have 3-5 different coins. But anyway, you are already in the market for a long time and I believe you much for it and what is the market behavior. Only I could say is that, don't be fooled by those people who offered you big returns but have to focus of what you think is right and the best coin for you.
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Crypto will be the biggest thing to focus on from now on because Bitcoin is recovering an stock market is not, once many witnessed this they will finally understand what crypto is capable of, for all of you saying it's the end, well it's just the beginning
Honestly, it wasn't a bad thing for Bitcoin to depend on the stock market and react to the current stock trend. It shows Bitcoin could be integrated into the global economy. It looks different and I don't see alike integration will happen between crypto and the global market. It was just a coincidence that the crypto market dumps together with the global market fall. Should we consider that the global market is in the recovering this because cryptos are moving back high again? I don't think so. This market incline tells something that people are now changing their minds. They're be taking the risk and the opportunity here brings the market demand to rise. Maybe it gonna be unusual since we are in a crisis situation but couldn't be a hindrance for the people to acquire this thing and invest their money in anticipating the possible market surge after COVID-19.
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I could say that I wasn't in panic selling but I have to sell it now no matter how its cost because I need it. The market is in trouble and we are affected by this. Holding meant nothing for some of us and most probably they sell it already when the price drop at $4k. It is quite to say that people are now looking for a way to save their lives rather than dying of holding their coins. At these hard times, you can't either think about holding cause it won't save you especially when you have no salary expected to arrive instead, selling it could help.
needs are always an excuse. because it's a pandemic or not, I think people will still sell their assets when they need them. it's just that, the current conditions make people's needs increase, and almost all investors sell their assets to meet their needs. Well, this is not panic, it's just the urge to make people sell their assets. if this is caused by panic, I think the price of bitcoin can decrease to $ 3000. but, the reality is not. That is why we can't blame people to sell their coins because they are in big trouble. Even me, I have to sell some just to have reserved when the situation gets worsens. Though we could see that we are plunging up at $6.8k but it gives no assurance that the momentum will continue. It only gives us confidence if the pandemic is over. But as of this time, we have nothing to sure about what is the incoming...better to be prepared for it.
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okey, I saw the price of bitcoin had penetrated the price of $ 7k on preev. however, when that happens, the price suddenly drops again, and now it approaches $ 6500. I thought the pump was just about to arrive. it turns out we need to wait a while longer to see prices rise again above the price of $ 7k. keep holding guys, and buy if you see the chance
Ain't no wonder why it looks like that and the trend isn't of constant surging high nor it goes constantly be going down. We know how volatile we are and this thing (sudden change) seems to be part of the crypto journey. You can't either be profitable if the market trend will just having an upward market motion but with the help of being volatile, it all becomes possible. We shouldn't have to worry if the market goes on and off. It happens always and you are right, it gives a chance and a reason to believe that the crypto market is still in a decentralized form not being managed by whales or even controlled by them.
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....
Instead of inviting them in online gambling, I can invite him to play online games, that is greater than gambling. We dont need to be worried because we won't lose our money in playing and it is happier to do.
It can be greater addiction than gambling but the good thing is that you don't lose money from it. Actually, there is no harm if you'd try to go gambling online or offline casinos. Addiction will only happen when you are out of control or mismanage, out from your mind and you can't either think about the other stuff but rather to think about gambling only. And it was good that you are anticipating that thing before it caught you because I can feel that you can easily fall into that kind of virus (gambling addiction).
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I could say that I wasn't in panic selling but I have to sell it now no matter how its cost because I need it. The market is in trouble and we are affected by this. Holding meant nothing for some of us and most probably they sell it already when the price drop at $4k. It is quite to say that people are now looking for a way to save their lives rather than dying of holding their coins. At these hard times, you can't either think about holding cause it won't save you especially when you have no salary expected to arrive instead, selling it could help.
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I also believe there is no such thing as connection to the two. But when you see the whole world economy falling then there might be some. Bitcoin is not part of the world, there is no denying that since it also reacts to what is happening into it specially in the financial industry.
There will always be a time where it will pick up its broken pieces. What we need to worry by now is survive this pandemic. Somewhere in the future bitcoin will be back and maybe stronger.
Yeah, the continuous increase of virus infection means a lot and baldy affect the market health not only for crypto but also for the global market. We don't want the market to suffer like this but it can't and more crypto holders are now selling their coins for the sake that to save their lives. We can, therefore, expect a drop but not actually a case that we can't stand back and no way to recover. The market price still at strong from $6.2k to $6.8k, is working against the falling market. I believe there is a chance for the market to rise and the demand will increase because might people will think about its uses and use it either as the situation continues.
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