Still there is a strong resistance above the 30K price range so I don't think we have any chances for now to reach 16k region but if you believe that we already entered into bearish trend and you are in profits then make your decision with cashing out options.
I don't think advising a cash out at this time we be the best. The bear is part of the market but I don't a fall down to $16k at this time that mist economy are having plans for the new year and also tackling covid-19. US government now led by Biden has made more plans for stimulus package, this definitely will create more bitcoin investment. So hodling more for invested bitcoin can yield good profit in time to come.
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Like many users have suggested that you could be the owner of know something about the link you provide. You need to show a little about what is in on it so that people can understand without clicking but I hope is not related to ponzi because that is a sure way to scam.
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The point of your post talks about investment and therefore it's not really for everyone.
but this thing gets more blurry because the prices are continually rising leaving those that need it in the first place behind, Sorry those who need are already in the ship and moving with it. They understand it and won't delay in investing at a bear opportunity. Within last year bitcoin was very cheap, those who are scared and spreading fund stayed away but those that had the courage to invest cheap are those enjoying the bull and they are exactly those who need it.
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It’s not the first one. There may be more banks to liquidate Trump’s assets in the future.
Why do you say so or you have any reason for that submission of yours? How will a bank liquidate the account of someone if the person has not done an offense against the bank, state or money laundary laws. I think that won't think may not happen if nothing is found against on the bank. I think all those are temper and tempo rising out of the election and things will get cool later. You should back it up with your reason.
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Ripple in a long time may prove strong by coming back but at the meantime with the law suit still hanging on their neck, I don't see a magic happening and the issue is made difficult because of the sale of the coins of the cofound. Many whales will also follow up by selling their coins. This can cause panic selling and the price may drop more
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this is always the problem.....
people don't understand that investment takes time to yield profit....
so sometimes I don't seem to look at the victims with empathy.....
100% profit in a month is near to luck.... how much more 24 hours
You just imagine investors hoping to make all profit and gain at same time. Greed is the problem. You expect money to fall to a wallet within 24hours? That is not possible thing to happen at all. Scammers know investors are greedy and they trapping people with juicy things. You want to catch animal, you try to provide the things to bring it closer, this is how it happens. I don't put investment and hope for quick return because investment is gradual process. Don't expect ponzi to be good all the time
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Some countries insist that they do not allow public money to be invested in bitcoin or any other cryptocurrency. That would violate any applicable law and maybe the same applies to my country.
This my concern on to it. Investing with public fund isn't suitable for my opinion if asked. If the Mayor wants to invest in bitcoin, then he can come direct with his own money, to bear the risk alone and that is what to me will build the public trust better and not mortgaging public money like bond or trust fund. He should decide and take a individual risk then his follows will be more convinced.
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I don't understand why a lot of people are more likely to sell when Bitcoin is falling than when Bitcoin is flying? I don't get it why a lot of people are selling when it is buying time and buying when it is selling time.
I have noticed that this is the way the market has been. These people are the cause why the market and also the reason for the rise. If you also notice, when panic selling start, the price keeps dropping because more people get to exit the market then and same thing happen when the bull start, more too want to catch the profit and price begin to appreciate faster than expected. I think is just an economic analysis thing.
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And I hope USA will contunie this stimulus tradions!
Any little helps for btc price to go up
No Biden may not continue for long. I think he might look for quicker measure than continuation of the package because of covid-19. Such ways he could work on is to ensure more drugs for prevention and cure flood into the market. Is better to increase the provision made for research on covid-19 than to rely on stimulus because that will later increase inflation.
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now the state of cryptocurrency market is in a state that is difficult to predict, because there are 2 possibilities : 1. the price of cryptocurrency will increase very high after a correction and a bull run will occurs like what happened in January 2018, so that it can give us a big profit from investing in cryptocurrency.
This first view is where I choose because it is a bigger possibility than thinking bitcoin will fall. The possibility for increase is what more investors see and they are investing big. Institutional investment are going on because more acceptance for bitcoin payment are increasing. The bitcoin bear is temporal
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The problem that ripple is on is the big one which has brought the price down although with a little rise yesterday. But whether the law suit is positive for ripple, don't expect an immediate gain from ripple because fear has made more drop of coins. Ripple is a longtime project for me and a negative law suit result will cause further harm to it.
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One thing that Trump didn't do was get the US involved in any massive conflicts. But in either case, I think Biden will be fine for the economy/business as long as his policies can get the coronavirus outbreak under control. That, I think, is the main variable as far as the economy is concerned.
For the democrats, diplomacy is the key too to tribe and push the economic policies but the Republican agenda is usually war or conflict. You can check the American history on this. This kind of behaviour is expected of the political party in power. Although Trump was to the extreme for me on the Democrates style, he would have pushed America into war bwith China or other countries because of his ego and personal character personality of pride and treatment of issues in carefree manner because of his affluence. We are going to watch if Biden too will be a little different from Republican ideology by not going to war just like Trump too displayed more of contrary ideology of Democrats by always looking at for controversies.
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Is the dip this time filling the gaps or bearish reversion?
I think the filling the gaps down there is the outcome of the current bear now. Price has dropped to 31,275 which is because of the high and hodlers must drop coins to pick their profit. Well I'm not expecting a major bear of price down below $20,000. So reversal may not take us anywhere different from what range the price is now for January.
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When you sell do you buy more BTC or Rotate into another Altcoin?
When I dump the few btc I have, I don't be in a haste to buy back btc even as it leads, I just move to altcoins section. Bitcoin reinvestment is very volatile and deciding to put back money into buying bitcoin as it dropped is risky.
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I smell a massive dump to be happening in a few weeks if not days, but for that to happen, I believe BTC needs to get under $29k for a confirmation that the bullish trend is changing and then the trend will be biased until BTC goes either way. I firmly believe it should get down some day when that so-called institution decides to bring out their loaded guns (BTC which were accumulated between $6k to $20k) and suck the hell outta investors when they start tumbling the markets. But it won't be as quick as we saw in 2018, this time it'll be a slow death.
Your speculation of $29k seem to be coming closer if the real fall is going to happen actually. The price has dropped from the ATH now at $31k and that is a huge fall within few days. Maybe is trying to rest at a good spot for another major direction which is either up or down but I don't think is going down back to $6k.
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10 times rise for cryptocurrency may not be easy to reach. For bitcoin in example, from what point can we start a count of rise frome last year? Take a point of $5,000 per bitcoin around April/May 2020. At this point of $5,000 to the latest ATH of aro und $41,964.74 yet it didn't get to 10 times because that is suppose to be 10 times of $5,000 which is $50,000 but bitcoin didn't get there before the current correction.
The same for etheruem, from $200 and yet to get to $2,000 for 10 times ROI. So is not always easy for a straight 10 times bull without a correction for a balanced trend.
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By the 2024 everybody must have decidede are they super rich or very poor .
What will you choose ?
Sometimes you need to understand that your decision doesn't matter in life but destiny. The destiny shape the decision, so that is important. Destiny helps you to locate that person called your "destiny helper". So for 2024 , surely you and every other person want to be rich but not everybody will achieve it because destiny can play a bigger part in our decision.
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The financial lesson of covid-19 is important for all of us. Just as it affected many unprepared governments, it also affected the individuals. About the government, it obstructed the financial year and running budgets , making the government to cut off many fiscal plans both capital projects and recurrent expenses. This led to heavy lose of jobs and this is where the individual beard their own burden of it. Now, the lesson therefore is that we all have to learn how to save for the rainy day. The rainy day is meaning the time of lack, scarcity or hardship.
These are few steps to save:
1. Avoid spending or buying unnecessary things you don't need at that time. 2. Every little change matters, don't treat it as small because a little drop of water can make an ocean (as they say) 3.Have a priority 4.Make saving a habit 5. Spend less but save more
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Etheruem will not over take bitcoin even if the ICO eras that were suppose to help etheruem platform enlargement that turned out to be majorly scam were to be successful. Etheruem no doubt is growing in domination but I think it can't be compared to bitcoin. Bitcoin is more than 50% of market dominance while etheruem is far below around 15% if I'm not wrong. This will happen when the sea totally dries out and when I finally get a chance to date Beyonce.
Lol buddy that is a married woman. Your thoughts can't come to reality even with an action. Meanwhile, I hope Jigga is not in here. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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