It is once again over 10 thousand dollars right now, I know people are worried about this price because we have previously (like only 6 months ago or something) we moved above and below these prices and reached as low as 7 thousand dollars (even a bit lower) so people are worried what if the same thing happens again.

You have to realize that bitcoin is a scary investment for many people, when you invest into stocks you know that as long as the market stands and there is no bear run, the company you invested could very well be a good company that keeps on profiting, however bitcoin can do anything at any moment, it could be $15k tomorrow or it could be $7k and that is why these corrections happen. People see the price go up, they profit, they sell and take out their profit.

Extremes do not exist in bitcoin, what people call extreme is not really anything special for bitcoin at all. Think about a currency that started the year at 700 dollars, ended at 20 thousand, the next year reaches to 3 thousand and following year peaks at $14k, that is bitcoin.

No other investment in the world could go up and down that much constantly, its not only going up or down but it does that in a cylce constantly all the time. That is why I still think that bitcoin is not as stable as people think and the "extremes" of bitcoin is something quite normal for all of us, we are basically used to bitcoin doing these kinds of moves. Of course we wish that it was a bit more stable but $100k is literally what could happen in 2020 and nobody would question how it happened.

Everyone talks about how "safe" or not it is but nobody realizes this is a question more regarding how safe it is compared to other stuff. I mean sure hardware wallet could maybe cracked or hacked even, it could be lost, it could be forgotten somewhere else, stolen even and there are tons of ways your money could be taken from you even if you use a hardware wallet.

However reality is, putting it on your computer without decent back up means you could lose it when pc crashes, putting on exchange means you could lose it when exchange exit scams, putting on blockchain itself to an address online means you need all the keys and what not which you may lose. Basically no matter what you do, you may end up losing your money, so comparatively speaking hardware wallets are really good choices.

Of course, nowadays there will be more bull calls, bitcoin has made a huge leap and everyone thinks now is a great time to buy and everyone suggests a buy call, however reality is not that simple, sure bitcoin could still go up and that possibility is on the table right now, to be so much hyped about bitcoin could however turn out to be hurtful for some investors.

I understand that people like to look at the future and that is a good thing in finances most of the time, however when it comes to products that already increased in the price, you usually do not expect another increase, you expect it to stay the same or even go down to satisfied the markets needs and expectations. All I am trying to say is that, do not expect bitcoin to go up, be happy if it does, but do not be sad if it doesn't.

Are you sure of what you’re saying? The news I saw never said that any bank in Germany is buying and selling Bitcoin or any cryptocurrency, rather the news was that a new law was passed and according to the  federal banks may be allowed to buy and sell cryptocurrency. And of course I’m hoping to see them start doing that, but none of them have started doing because I checked if there was any bank that has already started selling and buying Bitcoin from their customers and there was none. I’m looking forward to other countries doing the same.

Someone once said it’s going to be China, but I don’t believe that. Any country with plans to release its own cryptocurrency wouldn’t tell banks to be buying and selling Bitcoin, because they would want their own cryptocurrency to be the one issued out by the banks.

I still can't believe that on his 17th season in the league and when people on his draft all retired or just playing lesser minutes for bench time, Lebron is still playing and leading the league in assists. Dude has over 25 points per game avarages and also has over 10 assists per game, that is seriously amazing considering his age and how well he has played for so long. He reached to conference finals and even finals during his fist stint at Clevland at 2007!!

We all know he went on to win multiple championships and had a record breaking finals at our era and now after all of that, after 13 seasons from his first finals, he is still playing so well that they may or may not see the finals again but he surely does everything in his power to go to finals yet again.

I don’t know what project is this but that’s very bad. They shouldn’t be asking for your private keys when they are just a new project and no one even knows about them. Private keys are meant to be kept by the user, unless it’s a platform that doesn’t give its private keys to the user, because there are lots of platforms like that, online wallets to be precise. And even when I try to make use of such online wallets I only go for the ones that are trusted and already with a good reputation.

I have used a few of them like Xapo and Coinbase and they are well known and really good and can do such thing without being questioned. But for this new project you’re talking about, I wouldn’t suggest you take such a risk.

I feel like ethereum classic is a good miners coin, it doesn't really bring in anything aside from that. Unfortunately in crypto world there are coins who are still alive and has a market cap all because day traders, miners and stuff like that keep buying/selling it and make it still relevant when in reality they do not have any proper investors to begin with.

It is not like bitcoin or even ethereum where there are investors who buy it for long term to make a profit, it is just a temporary thing for the people. I would prefer ethereum over the classic any day of the week, well basically everyone does because when you look at it classic is down the list whereas ethereum itself is the second ranked coin in the market cap which means people usually prefer that one over any other altcoin and not just the classic.

I prefer converting my coins to coins with lowest fees like XRP, etc in order to withdraw from the exchange because usually BTC and ETH have higher fees. The bitcoin halving process is about to minimize the fees for bitcoins which would also minimize the fees for some other coins too. That would be something which we need because we really have to pay a lot hectic fees if we only need to withdraw bitcoins or ether.

I can notice few exchanges have lowered their withdrawal fees but yet there are few exchanges which have kept a fixed withdrawal rate and they do not change it no matter what the situations are. Huge amounts would not care for the withdrawal fees but for smaller amounts, fees could also eat up our profits.

It would be really weird for people here to say they do not plan on investing in crypto, sure there are people who said no but in general if people are here that kind of already means they are "interested" in crypto investments. I doubt even the ones who said "no" would disagree that if they can get bitcoin from lower and sell higher they would say no to such a deal, they are saying no because they are not interested on a situation where they have no clue if they will make money or not, and they do not want to risk their investments.

However, if you asked this in a financial district to people who work with money all day everyday as their business, you could actually get to see how bitcoin or crypto in general fares with the economics world of our nations and you could keep asking once every year to see the changes.

I doubt that we in our age could ever see something crazy to change or even maybe ever in history of mankind, but I really wish the general governmental system would change one day. I am talking about a whole world country with just speakers of "nations" or maybe people in different places picking representatives.

I do not mean like a general one nation rule, but I mean something like European union of which all of them have some sort of president of their own, yet they are acting like a one nation against others, we could have a European union system for all of the world where people everywhere could go anywhere and business everywhere could work with anywhere etc etc where it would be better for both economy and the people. It would also incentives other places to help lesser poor places as well.

The question shouldn't be whether the market is at a good position or not, the main question should be whether you're ready to risk that amount you have mentioned. You see, Some of the new investors I see in this market don't really ask about how much risk they are about to take, they only ask whether the time is right for them to invest or not, which everyone would probably say yes to.

Lol what were you even expecting, this is a cryptocurrency community/forum, and no one here is going to say anything bad about cryptocurrency, they will tell you to go ahead. I can't tell if now is the right time or not, so I would only ask if that amount is what you can afford to risk, stop thinking of profit and think of loss , just see the money as something you don't care about anymore and you want to risk it. That way, if you lose it you wouldn't mind and if you're lucky and the price goes up… then you can enjoy your profit.

There is no hurdle for bitcoins to reach $10,300 with the current average speed. Maybe in 1 or 2 days we might see bitcoins surpassing $10.3K which would than start the rally towards $12k. Bitcoins might have to struggle a lot at around $12k because it would not be possible to cross $12k without expecting a dump. Bitcoins are getting more volatile these days which is keeping a huge gap between the 24 hours low and 24 hours high price.

We could almost see the difference of $1000 at these two points which might be the most beneficial part for short term traders. These huge volatile graphs would get more volatile and maybe we could even see a price movement of $2000+ in the coming few months. This would accelerate the bull runs and would bring them closer.

Of course, it would be bitcoins to have the biggest payoff. People usually have huge expectations from bitcoins rather than any altcoins because altcoins possessing lower market caps can even be manipulated by big whales which would never be a good reason for the investors to invest into those altcoins. No doubt that there are some extremely profitable altcoins which might even have a significant growth but mostly, such altcoins move along with bitcoins with might first make bitcoins experience a pump which would then be followed by such altcoins.

Altcoins which I think would have a better price growth are XRP, ADA, EOS, BNB, TRX. I have my hands on these coins which made me dig for some TA but I would not personally like to diversify my investment in several other coins. I would like to keep my portfolio bad with minimum but potential coins.

Are you speaking in terms of this entire year? You might be expecting a way lot smaller price if you consider for long term. This year is going to bring some positive revolution after the bitcoin halving process ends. This would bring a huge price for bitcoins as even in the starting 2 months we have seen bitcoins crossing $10k so I guess bitcoins might cross $20k before the halving itself. After the halving, prices may continue to rise higher and higher. This year we could really expect the bull runs to arrive and in situation of bull runs the price quickly move higher and higher which would never take much time to reach $20k.

Demand for bitcoins will rise after the end of May 2020 which would make a lot of people invest into bitcoins. This would make the price cherish as it did last time in those bull runs. These bull runs are expected to be more huge than the ones we experienced in the year 2017.

Even you can have profits from day trading even if you do not set stop loss. You would surely need to improve your skills to closely speculate the graphs though. You can really make a decent amount each day if you concentrate on day trading because there really is huge price correction in the price of bitcoins each day which opens the doors to immense profits for you. You need some capital to start earning in day trading and if you could manage higher capital than you could even expect higher profits.

You have to properly manage the risk which would not make you lose excess amount and the profits would continue rising. If you really turn out to be a dedicated day trader than you could have great profits each day.

In mathematics things could have the same sort of % and the changes, however in finances the difference is bigger than you could imagine. Just to give an example if you own 100 million dollars and you have to spend 1 million dollars on something, it is not always equal to you having 100 dollars and spending 1 dollars of it. Mainly because your 100 million dollars would continue to make you money while you wait, whereas your 100 dollars will be finished by the end of the day/week/month depending on where you live.

So, rich people do get richer because even when they spend money, or lose money, or invest it, they are also making it back from somewhere else, warren buffet could have a %10 negative year and would still be up in total thanks to all his income. Poor people get poor because the money we lose, will never come back and could never be recovered.

It is important to remind people constantly that when they are investing according the current wave, they are leaving themselves vulnerable towards the impending reverse or changes in the market. When market goes long enough, eventually it will fall, when it falls enough, eventually it will go up. Nobody could make money constantly calling for bull or calling for bear, you have to realize market involves both of them, usually back to back.

If you want to invest for long, do it when its low so that you would make money when it goes up, if you invest right now you may end up losing your money because it reaches a peak, if you invest when its at bottom however, you can make money all the way to peak. The urge to invest during a hyped period has to be under control at all times for a proper trader.

This is one of the moments where I would advice people to hold their coins and do not sell them but be careful when they are buying. The reason for that is people who have bitcoins right now probably bought it at so much lower levels and even if it drops a bit that wouldn't hurt their finance all that much, its just profits loss and not loss loss.

However, people who would buy right now could potentially end up in negative when there is a correction or even a reversal of the market movements. Only a new ATH will confirm the return of bulls into action. It may be or may not be bullish market but buying right now will not make you wait for longer to see greens in your profit margin.

12 thousand dollars will happen sooner rather than later and people do not realize how sooner it will be.

First of all, 12 thousand dollars is something we have already achieved during 2019 so its not really an insane number anymore, in 2018 it looked impossible since we were going to $6k and than $3.5k, but now we have passed it already once, we can pass it again.

The other reason is we have already increased from $7k to $10k which is a $3k increase, adding another $2k on top of that increase doesn't seem all that shocking.