The price of bitcoin has always been cyclical , I expected this  I expected also some kind of a trap after this.  But for now, let's just enjoy this glorious pump to make some profit while it's still there. This might be a bull trap because there's no apparent reason why there's a sudden pump. But if the price continue to surge to break the $9k then i guess it's not a bull trap. |
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As I've been seeing that altcoins will also pump together with Bitcoin. Having this opportunity will please us in the future and could expect more gains as the market soar's back high.
Of course, we should have to picky in choosing altcoins for either long-term or short-term investment cause this will also affect our profitability. And if I'll investment altcoins, I only choose those altcoins that have been in the market for many years and skip the new ones.
This just basically means that we have to choose the top coins in the marketcap. Be wise on choosing our investment specially in altcoins that's not making any progress with what's the situation of the market because it is most likely going to be dead in the future. Do invest more in bitcoin and less in altcoins for diversification. |
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According to them, they only banned for a short time only. Cryptocurrencies will return to Qatar in the near future.
Could be true and not true. it doesn't matter whether they are saying to ban it temporarily but usually when it comes to this if they see any benefit of banning crypto more specifically in term of control over the economy they'll hardly lift the ban. Didn't mean to be pessimistic but Qatar taking this move is really limiting the right of their citizens. Well, we can't do anything against to the government if that was their choice but think of it why they have to do that. Although they aren't so sure about it yet because i think they are still waiting for something that would lift the ban. Most Asian countries our starting to ban cryptocurrency specially in the middle eastern part. |
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It is unlikely that anything will change when they find out about it, but the blockchain technology would interest them more.
It will if someone has to go and introduce it to them. Bitcoin and other cryptocurrencies are something new to these people because they are not seem to be more active in computer or something but they too focused on their businesses that's why I think they don't know what is cryptocurrency is not unless if it is shown in television i think. |
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Do you feel it now, just look before halving bitcoin rises above $ 8000 since yesterday, it seems to show something that comes from repeating previous history as you said, I'm still sure before bitcoin halving there is still a slight increase in price, maybe above $ 9k or $ 10k
Then i am pretty sure also that after that price increase there is a sudden sudden dump will follow as a result of the price correction. Bitcoin halving this year will not make the market to become bullish just look at the previous halving and you will know what i am talking about. |
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Definitely I willuse all that money to invest in bitcoin and wait for halving. We are heading to the 4-year event each time and 2 times before that bitcoin has risen more than 100%. and I hope that this year everything will be the same. The current bitcoin price is $ 8100 and if everything goes as I expected then the price will definitely increase to at least $ 10000-12000 when the halving begins.
I will definitely choose bitcoin too as it is a top coins in the market cap. But of course, we should not put everything our money on a single investment that's why choosing the best altcoins is also important to diversify our investment. Just make sure to choose the altcoins that's going to give a boost during bull market. |
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Find some tutorial video around the internet mate if you can't understand what is the real purpose of the chart's when it comes trading .. Im not a professional but for me the chart shows all the information of a coins. Wherein you are able to make speculation in it and it's very helpful things in opinion. Because without chart you have no chance to gain big profits through trading such playing gambling which very unpredictable.
Reading charts is just easy and it doesn't need any tutorials to learn how to read from it. What is hard is to make your own FA and TA based on the chart because it does require more knowledge of the market whereas reading is just as simple as looking the results. |
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its time to open crypto bussines in iran)
To open up a business is not that easy and your plan or someone's plan to open a business in a country that has experienced some explosion somewhere. I don't think a businessman would try to even start to do a business related with money or crypto. Just think it deeply what did just happen to Iran lately. |
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It might too early to ask this question but honestly no one knows what would be the price because everything is unexpected in cryptoverse. But i will try to make a guess based on the previous chart, bitcoin might be stable to $13k to $14k in december. But i don't want to frustrate myself thinking what could be the price on that day so let's just wait and see.
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You did the right choice because those coins who are not moving and not in the top coin list is a bunch of shit coins. Sooner or later they were all gonna be lost and i don't think you like that while you haven't made a single penny from it. Make sure to do invest more in bitcoin and less in altcoins.
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This is usually happening to newbies when they practice trading through the real market without any small knowledge of what is the basics. There are sites that is designated for trading practice only and OP probably missed that. I myself can tell that i do experience this kind of stupidity before but it's important that we must learn to our mistake so we will not be doing the same thing over and over again.
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Have you ever heard a show discussing bitcoin in their segment good or bad, i think this shows that we are already going in the real world for good and there will be no stopping us, even if trump, colbert, and buffet try to contradict what crypto really is , this is really a good sign, since this show in national TV will make people curious about bitcoin, i hope there will be more of this here is the link and see for yourself https://www.newsbtc.com/2020/01/12/late-night-host-exposed-millions-bitcoin/Bitcoin actually has appeared in many movies since a long time ago, I also saw a video from a famous YouTuber and discussed bitcoin in a good way. I think it's normal when you engage with crypto and want to tell everybody about how's your journey in the crypto industry, some celebrities also tried to expose crypto in their social media. Whether it's bad or good they literally advertising bitcoin. Bitcoin and cryptocurrency are quite famous in most movies I've seen before, it is indeed gaining a lot of exposure as it is popular among to the TV stars. I think people in that show are not actually talking about how good bitcoin is but instead how risky it is to them. I think they have to clearly states what is bitcoin actually. |
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Newcomers should know what is actually happening in bitcoin halving in the past and how long it will start to take off and blast everything up to the moon. There is probably a trap in the market if people keep expecting the effect of bitcoin halving within this year. Previous halving in the past needed more months before it goes bullish.
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FOMO is constantly present in the crypto world. I don't see a day passing without FOMO around some coin. In some moments that FOMO can be stronger than usual, but it is always somewhere around. FOMO is not a bad thing, in all cases, sometimes we really feel like we can miss something big, it's in all of us.
Well, what can we do? It's an open market and everyone has the right to buy if they feel to replace their lost coins. I think there's a smaller FOMO which is making a price to pump slowly and a big FOMO that i think only whales can do. They can make the market to pump higher than what we've expected. |
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yes when the price of crypto goes down it is an opportunity to buy and increase the amount of crypto. and at the moment I think the market is starting to get better. in recent days bitcoin has continued to increase and this has also had an impact on altcoin. most of the altcoins also experienced an increase. I think altcoin price movements always follow bitcoin. hopefully this year bitcoin can be bullish and make altcoin pumping.
Indeed! Most altcoins are following the price trend of bitcoin which is most of these altcoins are starting to move but not what you think is top in the CMC will follow what is the trend of bitcoin because most of them are going differently. Bitcoin will be very bullish if after the halving takes effect but i believe it's not this year. |
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You can't say this is the best exchange, especially if it has not been proven. And for me there's a lot more to do with this exchange to put him on the best exchange this 2020. So for me Binance is still number 1! And this can be seen in their development and how they can help countries using crypto currency especially in Australia hit by bush fire.
He's just probably shilling this new exchange and i don't know why but maybe there's an offer for him to shill or he's one of them with the owner of that exchange. Every exchanges is being tested by the users on how is this gonna work for them, how fast their customer support, and what makes it so unique compared to the top exchanges nowadays. |
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You are missing the most important thing and the main investment in cryptocurrency. Sell those who have less movement and convert it to bitcoin or if you have some money left you can buy more bitcoin, i mean higher percentage than the highest altcoins you have invested.
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Not too fast because what you basically made is just based on pure speculation. No one can tell what's the future but someone can predict through speculation based on the recent events. Bitcoin hitting $14,000 before May is quite far from what i have expected and doubt it will ever touch before May.
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however, the development of BCH prices can be guessed by the price development of bitcoin prices. if the price of bitcoin rises, there is a possibility that the price of BCH will also rise. but currently the development of BCH SV prices is really very high, even reaching 37%. I suspect that the price of BCH prices will be higher when bitcoin prices rise again.
I think that at the moment many Altcoins not increase when the price of Bitcoin rises, quite the opposite. But I am sure with BCH, currently they are really developing their project very well which has caused the price of BCH to rise in the market in recent months. It's because it is not the season of altcoins to become bullish. Just look at the CMC if what coins are growing when bitcoin started to become bullish yesterday. Those were the coins that are following the trend of bitcoin and is ready to pump if bitcoin grow too. |
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China don't want to get involved in a crypto where they can't control nor is being created by them. That's why they plan to make one of their own cryptocurrency that they can control. A centralized cryptocurrency and a centralized exchanges existed just for the likes.
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