For me i am not much of a trader but if bitcoin is on a big downfull and far from its previous price i would buy it because i know that the price will go up again.
Then you just hold or trade it? There is something different from holding and trading. But I could suggest that you just hold it rather than planning to engage in trading since you don't know everything about this. The most common failure of traders is because they don't know what they are actually doing. Thinking trading is a simple job, definitely are wrong coz it gonna be tough especially during the bear season. That is why, if you don't know anything, better not to try until you are preferred everything. This is the reason why aspiring traders need to make an extensive research first and study good trading demosntrations so that when time comes that they think they are ready enough to trade, they can start trading with minimal losses. That is supposed to think of but somewhat like that some traders (especially new) are lazy enough to spend time doing research. They would like in action, they want to lose their money instantly...that was sad but true and it always happens to them until they could realize their mistakes. If they want to learn in trading then, therefore, they have time also to listen to us and don't ignore what experts say. I'm not an expert, thought but base on my experience, you won't go far if we don't know anything about a certain thing we would like to do. |
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Guys have few half bitcoin i earned through promoting projects and i am looking for a way to increase this btc, i am thinking of using USDT to lock my btc when bitcoin reach 9,000 plus and buy back when it drop back to 8000 plus, is this possible or just a stupid idea over all?
How is your strategy, does it works great and effective? If that so, you can maximize your profit anytime. But don't get stupid enough to think of easy money cause it never meant that way. It all be a sort of hard work and meant of how we work on our trades, effectiveness of our strategies and capital. These things will help you to achieve your goal and most likely you'll be able to gain more than what you've thought. |
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No, it is not all about crypto regulation but it is all about how a certain person imposed his/her power. His governing power has taken seriously and his pronouncements simply create FOMO which triggers investors/traders/holders to dump their coins.
I understand how SEC regulations affect the market and push someone into a limit. However, if we trusted crypto since before, we are no longer been bothered even SEC will impose strict regulations towards crypto.
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I'd love to see it working but too much effort and time need to further promote crypto globally. Besides, we are integrated into different social media just to help spread crypto information but it won't just look so easy to manipulate the minds of the people around. Adoption will take sometimes to build and in that part, it is for crypto also to build their good reputation and so it looks more promising than we thought.
And for that instances, we can attract more users and investors to see how crypto being usable in the current generation and so looking forward it more appreciated in the future.
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There is no reason why we disclose for them to see the sunshine again but it isn't working that easy. Are we in Bullrun already? Or does the market turn into bullish this year? If this thing will happen, therefore there is a big chance that Altseason will come. I'll keep on track in HERE for these things will affect the market situation. We are still at the start of this year and the market price is still at low but this will be changed once halving is at launch. |
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this is pumped by Elon Musk says one youtuber since he had seen its pattern by the time Elon tweeted "bitcoin is not my safe word", the price of BTC continue to grow. but this isn't the first time since last year Elon also tweeted ETHEREUM in the early 2019 which during that time ETH's price also move up. quite a pattern but i guess we should all be enjoying the price movements.
Ohh, that was great but how Elon Musk does it? I don't think youtube is enough to push the market, in fact, there is a lot of adds and videos on youtube but it never works, it is a big coincidence that it only works this time. Anyway, that is how the market works...everything seems to be unpredictable and pointless what is the cause. This is all we've got and as you've said " enjoy the price movement" its either because of upcoming halving or just because of people who keeps promoting crypto in social media may the reason for these pumps. This is all that we want, it gladly we have it now and even see a better future. |
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For me i am not much of a trader but if bitcoin is on a big downfull and far from its previous price i would buy it because i know that the price will go up again.
Then you just hold or trade it? There is something different from holding and trading. But I could suggest that you just hold it rather than planning to engage in trading since you don't know everything about this. The most common failure of traders is because they don't know what they are actually doing. Thinking trading is a simple job, definitely are wrong coz it gonna be tough especially during the bear season. That is why, if you don't know anything, better not to try until you are preferred everything. |
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It's kind of rule that the moment when price is on the rise isn't the best moment for buying. However that depends on your funds and possibilities and your strategy and plan. Maybe to wait for a while I think we will see minor correction soon so that might be more favourable moment for buying.
If we only buy when the market is down, therefore, we couldn't expect that the market price will move high. But not all have the same market approach, they'll never think that the rise of the price is just a trap but instead, they are more positive that the market will continue to move and buying it today is still the best price to consider. Though it is a big risk but nothing will happen if we all are stepping down instead of moving on. |
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It's not an outrageous prediction, but that doesn't make a prediction true necessarily.
This is definitely more realistic than certain people's predictions of BTC in 2020 (cough cough McAfee), but honestly, given the fact that markets are significantly more tame now compared to something like 2017 it's hard to predict exactly how much the markets will rise by.
I would generally refrain from making predictions at all about the price in a concrete way, but prices should benefit positively from the halving for sure.
This is the same conclusion that are reached some time ago, without a doubt it is really fun to try to predict what the price is going to do and how high or how low it can go, but when it comes to my trading activities I do not really try to predict anything I just let the market move itself and then I will take my decisions based on that, it may seem like a weird way to trade but it can be very effective if you have good discipline and good money management skills. We live in this kind of market, speculations and price predictions are seems to be normal knowing the fact that we are living in this unpredictable market. It is not just we do predictions without some basis on it (the most common thing it happens), we make a prediction base of what we possibly see in the future but it is more realistic ( or as it happens before )even though we never have the assurance. |
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Looking into its current market price https://coinmarketcap.com/currencies/ethereum/historical-data/ there is a tremendous upclimbing trend and this simply means that we are directing to the (soon) BIG pumps that we are waiting for a long time after the bullish season last 2017. I believe it won't be ETH 2.0 market upgrade helping it to looks like that but because it drags by Bitcoin's halving. It is just to clear it up that ETH still dominating the share with all altcoins. A moment will come that Ethereum will be shown back how it did before. |
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Full time trading does not mean you have to sit at the computer all the time 1 x 24 hours, if that's what you do, obviously you are bored because you also have to interact socially outside the house and do other activities that can entertain you to play or whatnot.
and you can still see or check trades on your cellphone if you are outside the house, and if you can do full-time trading producing good results in my opinion is not a problem and most importantly, you have to change your boredom in another way so that all needs are met.
Nah, that is absolutely boring and unhealthy lifestyle. Anyone who did this kind of lifestyle won't go longer stay in trading but to find another one. Anyway, even though you don't spend a lot of time trading or you don't do anything aside from trading, in some times you'll need to have a break also. And that is what I think about OP, he probably needs a break and to find out if trading suited to him or not. |
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It actually you don't need to have bet nor to challenge someone for that short period time unless it will be a month or more to go cause it seems to be impossible the market to run that way without hypes. And now, look at the price and you are failing with your prediction. Cause not even a month the market will reach that certain point. In fact, the market moves slowly and it added with volatility holding it to continue to pump. |
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I only choose Litecoin among the list and rejected the rest. May OP have sees its potentiality but I look it differently knowing the fact that most of these coins (OP's list) aren't performing well even last year. And it came into my mind how these coins will move if Bitcoin never does the same.
If the only reason why these coins soar's high because of halving, in a certain thing that it drops easily once this halving is over. And this couldn't help to attract investors rather than of being skip for their selection.
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Earlier in 2019 State Bank of Pakistan announced that bitcoin and other virtual currencies/tokens/ coins are banned in Pakistan. For organizations and institutions it is banned by State Bank of Pakistan. Bank will not get involved if there is any dispute. They will not facilitate any transaction for it.
Late in 2019, Prime Minister Pakistan started a new program "Digital Pakistan". Highly Qualified and well known team members are chosen from all over the world. PM will directly monitor this program, Head of this program is Ms. Tania Aidrus. During her address, said that she is quite aware of the financial troubles faced by Pakistan’s freelancers as Crypto Currency / PayPal is unavailable.
on another occasion Tania Aidrus has promised to bring PayPal and cryptocurrency in Pakistan. While speaking at an interactive session with the top entrepreneurs in Pakistan at the Usman Institute of Technology (UIT) she made these remarks.
with this hope that 2020 and the Digital Pakistan team will bring back crypto currency / paypal in pakistan.
It is considered as hope for every countryman that don't have any freedom to accumulate crypto with their life. It somehow Pakistan government are closing this opportunity for their people, it is a similar thing that it happens in China. They couldn't do anything even they want to if their leaders won't open up their eyes and see how this thing could help the living of their countrymen. The future acceptance of crypto lies with them. |
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To be honest, it can consider a trap to those investors who buy during hypes but this is not what it traps to be. Knowing how volatile we are, they should anticipate first before a worse thing to happen and realizing that buying crypto during hypes is not really a good idea.
Well, we gonna expect that the market will work the same as what the previous halving is done. Most of us think for another ATH which I believe that it will come sooner but still, we can't think of 100% assurance nor to see that it will take another 2017.
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Most users still feel uncertain about whether to use wallet, but it depends on what you need to use it. If you want protection, cold storage wallet such as Ledger Nano S or Trezor is a good option, especially if you have some valuable coins. You can use Exodus or Atomic wallet if you want a secure mobile wallet. Web and mobile wallets are also available that are good for fast transactions but less stable like Coinomi.
Ledger Nano has built already a good market reputation when it regards security assurance and also other Hard or offline wallets. But it is a little bit expensive to acquire that is why most crypto holders especially when you are just holding small amounts they only just prepare to use online/mobile wallets even the risk of losing their funds is so high. However, it is not about having Hard wallets we are totally safe at all, it also depends on how we manage our wallets in a particular transaction. We are too careless handling this thing, it also meant nothing and we may also have to lose our funds somehow. |
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And I believe it so, in fact, the long-term effect of halving to the market price will help the traders to have a sustainable market gain and for the economic growth of crypto.
sorry to disappoint but that is not what halving does. you can simply take a look at hundreds of altcoins that had halvings and crashed hard because of it. the latest was one of the biggest altcoins called litecoin! your mistake is that you are generalizing what happens to bitcoin, to the entire market. the fact is that bitcoin price rises a lot due to halving only because there is an increasing demand for bitcoin in which case the halving only acts as the catalyst not the cause. It maybe I am wrong that point it out in general and I don't find out or even see Bitcoin's halving has a negative impact on altcoins (esp. for litecoin) during the last halving 2016. Because I always consider this Bitcoin halving is a reward for all, in fact, most altcoins have also an increase in their price at that time. But it is no wonder why that those altcoins that are dead already will be dead at all and don't have a chance to twist their current position. |
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It was explained here https://www.etorox.com/news/opinions/understanding-the-effects-of-bitcoin-halving/ Reading at that article, it all has a positive effect to the market. And I believe it so, in fact, the long-term effect of halving to the market price will help the traders to have a sustainable market gain and for the economic growth of crypto. Then I supposed to think that for a long bearish season there is something that could help to stop and that is how HALVING can do. And I'll find out that this will be the best solution that we must have and not just procuring of having stable coins or a centralized market. Halving not just plays an important role in a growing market we have but it is very important to acquire. |
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A usual thing to happen in Bitcoin seeing a consistent price fluctuation. Though we think that Bitcoin will pump soon but it really to see moving high over $20k. The market resistance is still low, not enough to make a huge push and drive for another ATH.
However, it not the way we look for Bitcoin but to see how it has been used as currency is much important and this is also a way to start for a surprise strike.
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