I think now is the time for BTC to continue its bullish journey after more than 2 months correction,
so it's normal and there is no FOMO or news that makes bitcoin go up, this is purely a chart movement that is already showing oversold and finally the market is reversing direction.
This market is very easy to manipulate, and Bitcoin's rise of more than $ 3,000 in a few hours can make it easy to see what happens next. Actually this price increase makes me feel more worried because every time Bitcoin has a big price increase, the market will collapse very quickly in the next few months. Personally, I still keep my opinion and predict Bitcoin will return to $6000 this year. My prediction may be wrong but I will wait until that price happens because this market is always volatile and it is best to sit still instead of investing. |
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Right now the market situation is not so much to make any predictions but can do some experiment at our own risk by investing into altcoin.
But if we have to try something different by investing into a new altcoin which has caliber to perform well rather than investing on a reputed altcoins like Ethereum. Kindly suggest which would be the best altcoin to invest which is under $1.
I think you need to be careful on choosing investing on altcoin. Some alts are very risky since they are still on midst of their development. Yes, can earn big due to their prices compared to established project like eth, but if you want youre money grows or go back think twice on picking. I can suggest some good one like, chain link, revain, and other alts that has many external markets. Altcoin will have a lot of risks that you need to be more careful during this time because the market in recent weeks has had big fluctuations and often happened unexpectedly, making us unpredictable . I think you should only invest in top coins because those coins will bring good profits if Bitcoin tends to rise. Of course you need to have a lot of strategies to be able to make money in this market because every mistake you make will make you feel very tired. |
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I think the website that you provide is very useful to be able to see the difference in the price of bitcoin from various exchange places so I can make it easier for traders to be able to profit from a variety of existing markets, what if you can add a variety of coins in 10 the big one in coinmarketcap is enough.
I think it will be very convenient in trading because you can know exactly what price level is happening in this market. I have used Coinmarketcap but the data at this site is often very different so I don't use it much recently. I personally consider using this site in the near future because the value of Bitcoin is very similar to the data at big exchanges. In addition, you can use TradingView to be easier to analyze if you have experience in trading because this is a site with lots of detailed reviews and will be of great help to you. |
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Over the past few days, with turn out of events, Bitcoin has dipped a little and thus bringing some alts down. Nice price movement for alts will come when BTC shows a positive move. I did not buy and would never consider buying them....I got them free from the fork.
Since you actually got the BCH from forks, it's kind of 'gifted' which means you can choose to sell at any time, just keep it for a little while and watch how the market goes. There is no need selling your BCH now, the price movement of BCH correlates with that of bitcoin whenever there is any pump in the price of bitcoin definitely BCH will also become bullish just exactly as it is playing out presently going by daily frame of both BCH/USD and BCH/USD indicates two correlated bullish candle formed BCH is just like a hidden treasure and like a sleeping giant any time bitcoin wakes up definitely more profits for you. Actually BCH has a very similar price increase with Bitcoin because these two coins tend to rise together when the market starts to grow. I like to withdraw with BCH because each transaction is usually processed very quickly and does not need to spend too much time waiting. In the near future, BCH will be mentioned more so the price increase will happen soon. If you are considering investing, this is a good option for you in the long-term investment. There may still be risks but if you believe in the development of this coin, the BCH will be of great help. |
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Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.
Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins
I don't see any reason why bitcoin can't survive alone? You don't need altcoins for bitcoins to survive. As long as people buys and holds bitcoin it will survive. Even though if people can't use it as a form of currency, they can always use it as a store of value. Sometimes your altcoins won't be giving you much profit like that of bitcoin. So it is better to let go of your altcoin and jump into bitcoin. Even if there are good altcoins in the market today, it's still proven that bitcoin is giving us more profits compared to altcoins. So i cannot agree to OP why bitcoin cannot survive alone. Bitcoin leads the crypto market and altcoins are just at the back of bitcoin. And with its blockchain technology, i know it would be more useful if people come to adopt it in the future. In fact Bitcoin helps a lot in our present lives and the recent big market changes will attract a lot of new investors in the near future. It is still too early to talk about Bitcoin price increase issue as the market is constantly volatile and today Bitcoin has risen more than $1,000 in just a few hours. I think there will be a lot of surprises for everyone so please wait patiently. For me, Bitcoin is always the first choice and I always hold more than 60% to ensure profit in the long term. |
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It is hard to be a tokenhodler without assurance but you must think what is the possible thing that might happen. However, we still see how utrust team is working on the platform and i can say that it is not a broken promises, and maybe they are preparing the time when everything is set like the market. We know how the overall market affects every solid project even how strong it is. Let's wait and see.
I still trust the utrust team because of their good performance, always updating good information to investors or tokenholders and they always attend events to introduce utrust to people. And many more about their products to be released The project is still functioning well and the community of this project has a lot of special interest in this project so I believe this is a very promising investment in the near future. I think very few projects can maintain stability during the past 2 years and Utrust is the best project I know. I participated in all their conversations in Telegram and until now everything is fine so there's no need to worry too much. There will be a lot of great news and maybe Utrust price will increase very high in the near future so please wait patiently. |
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If predicting the price of bitcoin will be zero or not, when there is no exchange at all, it is a difficult question to get a definite answer, because here we all can only predict it. But certainly bitcoin will still be able to stand alone even without an exchange, because the first time bitcoin was born, there was no exchange at that time
bitcoin is currently still a crypto currency that has the highest rank of crypto currency in the crypto market but there are no predictions for the development of crypto currencies as long as there are investors who hold it of course the value of the currency will not be zero development of the crypto currency depends on the investor itself and the good and bad also depends on the investor This market was created to help solve the various problems of our daily lives and Bitcoin is the only coin that can change all this so I'm sure Bitcoin is still a good choice. Currently the downtrend is making Bitcoin unstable during this time and it is likely that in the next few days the coin will return to $7000. This market is currently being manipulated and it is their sole discretion to decide what will happen next in this market. I personally will invest but not this year and will continue to wait until the market is more stable. |
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It is very difficult to stop the scammers project, but at least we can reduce the scam project, the way is we stop following the project manager who once promoted the scam project, this way then little by little the scam project will decrease. This is certainly a tough task for a project manager, because before becoming a manager of a crypto project, they must do serious research so that people's trust in them is not lost.
I think that before you invest, you need to research carefully because no one can do it for you and many recent projects are not profitable for investors. I always check the project development team first because this is the fastest way to avoid scam projects. There are actually hundreds of projects emerging in this market and you should learn how to evaluate quickly. I have been in this market for many years but finding a really good project is not an easy task because 97% of the existing projects are all bad projects so it will be difficult to choose. |
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I’ll tell you that in the long run you will lose most of your money anyway. And it does not matter whether it is trading or a casino. Both of these sectors do not guarantee a stable income and failure is achieved by absolutely everyone who has not stopped on time.
While it is undeniable that most of those that try to become traders fail on their quest it is not true that everyone fails, there is a small minority of traders which can make profits from the markets, without a doubt they are the ones that are the most skilled and the ones that have dedicated the most time to trade the markets and to test their strategies to see if they can be profitable on the long term with them. That being said there is a huge difference between trading and gambling, in most gambling games there is nothing you can do to try to modify the results so they can benefit you, but when it comes to trading there are many things you can do to improve your chances, like learning fundamental and technical analysis. I think new people are often the ones who make a lot of mistakes because this market is a financial market and needs a lot of good experience in trading. If you are able to make a profit during this time period, you are a good trader and anyone would like to become that trader. In fact, the number of people making a profit from this market is very small because they can not control psychology and often panic sell if the market drops suddenly. In my opinion, it is best to learn from the top experts because they will have a lot of good advice for you and if lucky, they will teach you how to control profit in this market. |
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yes now could be the right time to invest in altcoin because the current condition of altcoin prices is falling so much better you can take advantage of the fall of altcoin harag as the beginning of your luck in cryptocurrency, buy coins when prices fall and sell when prices have started to recover .
It is true that as you say, the price of altcoins is falling a lot in the market but to consider this is a suitable situation for investing, it is probably a careless judgment because the market is in continuous decline, the price is lower every day, especially the price of bitcoin, it has had flashes of dumping. And remember that the altcoin train is only good when the price of bitcoin rises and stabilizes, but now bitcoin still shows an unstable signal, participating only makes us lose and cannot optimize profits, waiting for stability will have more advantages. The altcoin price has dropped but it seems people are getting tired of this investment because the volatility of the crypto market has caused a lot of people to lose half their assets in a short period of time. I am not predicting the future of altcoin because all current predictions are wrong and inaccurate. In fact, the downtrend is still going on so if you are not careful during this time, you are most at risk. Currently, Bitcoin is still down so it is best to sit still and wait for another price rise to appear. Maybe all the coins are very cheap now but you should not risk because the market will have a lot of other discounts. |
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and I also ask, how can you ask why the ripple died?
ripple has a strong investor and cooperation, even though many banks support the ripple project, so it is very unlikely (99%) for now ripple suddenly dies,
yeah that's why Ripple still exist untill today because ripple backed by big company, especially from banking industry where the are partnership with Ripple, that's make Ripple Stronger In my opinion they are only interested in the technology of this project and have no interest in the value of XRP. In fact, the coin is very much dependent on the volatility of Bitcoin and it is impossible to predict what will happen next if the market declines. I am not interested in this coin because Ripple current supply is too large and every month hundreds of millions of XRP are unlocked so the price of this coin will drop even more in the near future. You should think carefully when deciding to invest in this coin because I am sure XRP will return to the price of $0.1 this year and there are not many opportunities to make money during this time. |
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bear season still continues to haunt us, market is currently down and all the red coin
I do not know what causes all this can happen but from the present conditions
we can use it to buy at cheap prices maybe bitcoin, ethereum and litecoin are worth buying if you have big capital
The downtrend is still causing a lot of difficulties in investing and if you have a large amount of money, do not invest in this time period because the value of the top coins will probably decrease more. I think the bear market is a good time for new investors but also to be more careful because the market often has a sudden collapse and if you can not control the psychology, you will panic sell. I have been trading in the market for a long time but 2018 and 2019 are a very difficult time for everyone because Bitcoin cannot rise and is not stable during this time. |
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The market is dull but most of us expected ETH to outperform like it did in first quarter of 2018 post bull run when every crypto coin were going down and even the value of bitcoin was dumped but ETH was steady for a while and not sure why ETH is under hibernation mode nowadays. What might be the reason we don't see much movement in the price of ETH? I know all the altcoins are down but ETH is not same as them but I am unable to figure out the reason why ETH is struck.
In the previous months, it really hasn't been good for any altcoins, ethereum, xrp, bnb, etc, etc. Even bitcoin hasn't been doing well and it feels like everything is on a downward trend recently. We might be able to see Ethereum Version 2 make it's debut on the blockchain next year, it could be big, but it feels like the blockchain has been forgotten and neglected in the recent months and with the death of ICO's and crowdfunding, they've died as well. This is a time when there will be a lot of big surprises happening and recently Ethereum 2.0 is no longer mentioned much so this coin is no longer bought by many investors. In fact, the decline of ETH has been predicted for a long time because the ICO is now forgotten and investors are no longer interested in new projects so this phase of purging the entire market will occur in this year. I am sure that we will witness a lot of new changes in the future and if you seize new investment opportunities, don't ignore because it is an opportunity for you to change your life. |
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Welp! The OP's chart shows the buying opportunity is around $7,700 and now the current price of Bitcoin is $7,400. And also many are expecting the final crash to go to the high $6,000. If indeed a descending wedge, the lowest price would be around $7,000 in the first week of November.
I strongly agree that there is now a recommendation to buy. Because the price is under $ 7700, but if want greater profits obtained can wait for prices below $ 7000 to buy. But I predict bitcoin it will still go down to the area above $ 6000. But please re-analyze and make a decision so that you do not FOMO. Our predictions are often inaccurate in this market so I can be sure whether the price increase or decrease depends on BTC holders the most because they can manipulate this market. In my opinion Bitcoin this year does not have many opportunities to increase prices because this year people have had more experience in trading and have learned a lot from this market. I think in the near future we can only observe the volatility of Bitcoin and should be patient instead of investing because this market is currently very risky. |
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Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?
i don't have idea about bitcoin price at the end of this year, untill now the price still not stable and usually still down even after the price increases little bit. and for bitcoin price i don't think can hit tomore than $15,000 untill the end of this year If you look at the price of Bitcoin today, you can predict what will happen in the next few months because the current value of this coin is $7300 and goes against all predictions of everybody . I think this is a time that can make investors nervous because if Bitcoin price does not increase, all Altcoin will trend to decrease and investors are the ones who are most at risk when investing. I always carefully analyze when the market down and will buy BTC when it is a good time to invest because this market I only care about profits and don't like long-term investment. |
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Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,
For me, if the coins already fall down more than 5%, it's worth to buy but don't forget to set a stop loss on our trade. So if it's suddeny recover we won't regret cause we're already on the boat, but when the boat goes down again don't forget to get out  This is the perfect time for crypto investment, so those are waiting for crypto investment it will make good profit on shortly. So this dump will make right time for Bitcoin investment and some investors are loose the hope also so keep stay in this platform it will raise again, Because most of the time will jump rapidly at anytime. I don't think this is a good time to invest because today's market is really bad and most of the top coins are down more than 15%. n my opinion this market is now at a very risky stage and is completely manipulated so if you choose to invest, it will only make you more tired. I don't dare to predict what will happen next but maybe Bitcoin will return to $4,000 this year. Maybe I'm wrong but the bear market is still overwhelming so everyone will live with this market until a few more years. |
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This is my top 5 reasons why I am buying bitcoin:
1. Because it is decentralized and I can do whatever I want.
2. Bitcoin for me is still undervalued and I am confident that this current price will be multiplied in the future.
3. Bitcoin is easier and less hassle than scam banks and other financial forms.
4. Bitcoin as a decentralized form cannot be controlled by the banks and the governments.
5. Bitcoin supply is fixed unlike the unlimited paper fiat money generated by banks and governments.
You have nice reasons why you are buying bitcoin. For me, the reason why i am buying bitcoin because it is good for a long-term investment that i could make a bigger profit. I think most people who uses bitcoin has the same reason why they buy bitcoin for them to make bigger profits so they could provide their necessities. Also, bitcoin is also good to used for online transactions because it is less hassle. Bitcoin is currently applied in many different fields so the coin is currently very valuable in this market. I think that if you chose to invest, there shouldn't be too many reasons because Bitcoin represents this whole market and this is the only coin that can be used at any end of the world. Currently, no one can manage Bitcoin so using this coin to trade is very convenient. I personally love crypto and often use Bitcoin for trading because I believe that one day Bitcoin will be very valuable in everyday life. |
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I think alt coins can still be profitable if we will just study it correctly. We just need to be sure of it's popularity, its ability to earn investors. And it's unique features. If we see good things in this aspects. Maybe we should give it a try. We can have a chance to be profitable in this industry by being wise trading alt coins.
Finding a good coin to invest in is really not easy because this market has thousands of different coins and each coin has different ways of operation so it will be very difficult to study. I usually focus on the top 100 coins in this market and there are only a few good projects worth the long-term investment but that can't satisfy me because there are so many shitcoin. I think the bear market has made everyone here feel worse and if the uptrend doesn't return then 2020 will continue to be a very difficult year for everyone. |
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With this possibly upcoming crisis in mind, what you guys think about investing in stable coins standardised with fiats?
Is is even a thing, that they will sink like a stone, just like fiats will? Are there any mechanisms that can protect such stablecoins?
If you are for long term investment with low profit then it is safe to say for you to invest in stable coins but if you are for either short term investments or long term investments with better and higher profit but with a greater risk then go invest to crypto. It may be the safest thing to invest in stable coins because there is an assurance of return in the end but it has low profits than crypto. On the other hand, chances of sinking like a stone on the market is not that high more likely closest to being impossible. If you have participated in this market, very few people choose to invest in stable coins because these coins often do not bring much profit to investors and if hold , it will not help you. In my opinion, choose coins that have a tendency to increase during this period because those coins are very potential and you absolutely can make very high profits if you are lucky. Everyone will have different thoughts but when you decide to invest, you will have to accept all risks in this market. |
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For novice traders I think you should be able to learn more about how to buy and sell coins at the right place of exchange and you should be able to understand price movements and wallet differences in each coin, lest you send coins with the wrong wallet and cannot see the condition of the movement of the graph in the exchange.
That is easy, I mean buying and selling coins is easy, the part that they need to understand and study is the part where they are going deeper, analyzing when will be the right time to buy and sell, predicting the unpredictable and making impossible things into possible will surely make them profits maker in the Trading industry, the most common mistakes that the young ones are making is rushing to the peak and ignoring the basic stuffs to be their strength in their journey. Most of the new entrants into this market do not have much experience in trading and will often encounter big problems in investing. I think you should not rush to invest because this is not a place where you can make a good profit. According to the latest statistics, 75% of new investors entering this market tend to lose more money and the psychology of those investors will often be very bad. Based on my practical experience, it is best to spend $100 to try trading in this market and If you feel that it is not suitable, don't invest. |
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