until now there is no other way but to hold your assets until the price returns to that level. but you need to realize that the $ 18k level is a very high level. if there is potential for bitcoin to reach it is likely to happen next year. to date, prediction after prediction is made, and the highest uptrend has only reached the price of $ 9300. You can see it in this article.Another way to return your assets is by trading. but you know the risk if you predict the wrong price. I can not give further advice on this matter. Yes, just hold since $20,000 per bitcoin is not happening right now. It will take several months in my opinion. Just give time say next year, since halving is coming. Just keep the faith, bitcoin will bounce back again in the future, that is for sure. Avoid making assumptions and setting high expectations. That will only worsen your disappointment and you might end up frustrated enough to sell at a loss and quit Bitcoin for good. Do not even set months for that $20,000 to come back. It may actually take at least a couple of years. Do not assume either that the reward halving will cause Bitcoin to climb back to $20,000. That may not happen after all. It is best to just brace yourself for the worst. High expectation is always on the line when we talk about bitcoin, having an expectation helps us to motivate to continue holding it. We all know that bitcoin will not disappoint us, it proves itself a lot since before. Bitcoin will be bullish again and that is something that we don't know when to happen. It will climb up soon but we should not expect it to happen overnight. |
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Yes its true bitcoin give us stress and happiness. Why stress because if you buy bitcoin on high price then after wards bitcoin dump you can get stress by thinking when the price goes up. And we will get an happiness when we buy bitcoin in low price then bitcoin pump so we happy because we get a big profits.
That is the effect of bitcoin to us stress and happiness.
But we have to call it a normal thing because the price of bitcoin goes up and down, so don't panic, you have to be patient in dealing with this, when bitcoin goes down, many investors are stressed by the severe downfall, so our patience must be arrested and bitcoin is not like slow altcoin its rising, but I believe bitcoin will quickly grow quickly. Being stressful with the current price of bitcoin will not bring you anything good. Worrying about its price is always there, there is nothing wrong with that. But the thing is, we should not stress ourselves. It's normal for its price to fall, the crypto price will never become stable, and that is one of its advantages. |
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Wait I'm a bit confused. Did they just purchase 1,000 BTC of coins off bitstamp and their transfer it into their own wallets, or did they just withdraw funds from the exchange - not sure who would keep 8 million on bitstamp.
OP, your links are working, and I can't understand whatever it is you posted, can you please edit it? Also can't find other stories about this and can't find a TXID..?
It was transferred to their own wallet, and that wallet was considered as HODL wallet, which means an individual whale is holding 1000 BTC. A lot of people are already talking about this and they can see that this might be the sign of an increase in the price of bitcoin. See narrative part below posted by OP Wait I'm a bit confused. Did they just purchase 1,000 BTC of coins off bitstamp and their transfer it into their own wallets, or did they just withdraw funds from the exchange - not sure who would keep 8 million on bitstamp.
OP, your links are working, and I can't understand whatever it is you posted, can you please edit it? Also can't find other stories about this and can't find a TXID..?
Sorry for the inconvenience, but this is a document that I trotted. so it is absolutely not baseless Transactions recorded by Whale Alert. Whale Alert@whale_alert 1,000 #BTC (8,380,470 USD) transferred from #Bitstamp to unknown wallet Tx: https://whale-alert.io/transaction/bitcoin/1397f8e570ec545ea558cf21e8007936bea4ea895a65def750df4ed2ffecf866/1 … 113 2:21 PM - Oct 13, 2019 Twitter Ads info and privacy 31 people are talking about this Whale Alert@whale_alert 1,000 #BTC (8,380,470 USD) transferred from #Bitstamp to unknown wallet Tx: https://whale-alert.io/transaction/bitcoin/1397f8e570ec545ea558cf21e8007936bea4ea895a65def750df4ed2ffecf866/1 … 113 2:21 PM - Oct 13, 2019 Twitter Ads info and privacy 31 people are talking about this "Switch to HODL wallet" |
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Bitcoins price will surely not the same as today, it is sure that price will be higher because investors don't have any choice to pick if they want to invest in cryptocurrency because there is only one and its bitcoin. So surely the demand will overflow that will cause bitcoins price to rocket up in a stable and fast phase.
It is possible, all the demand will go to bitcoin where there is no other cryptocurrency to invest with. Its price will be unimaginable. But it is also impossible for bitcoin to increase its price. Altcoins are created to use as an alternative of bitcoin and without having an alternative will be a different matter. Its demand won't increase this much because altcoins take a big part in bitcoin to increase its demand. |
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It is really hard to monitor your portfolio if you will buy so many altcoins. I'm a trader and I only trade 4 - 6 altcoins and for me it is hard to monitor my altcoins. You shoukd only choose few altcoins that can make your capital to grow.
we must able manage our time to controll our coins developtment.in a day we have 24hours and if we take it 8hours to find lastest projects developtment i think its enough.it depend on our own will and spirit..allocate one hour for one coin to make deep analisys actually enough.and in a day we could research on around 8 coins.spirit was our key to get much profits Indeed, time management is needed where you should spend your allotted time to check and monitor the movement of your investment. Having a portfolio even in our mobile application can do to monitor altcoins even if you have different kinds of altcoins. An individual doesn't need to take too much time to just monitor the invested multiple altcoins, and it's not that hard if you know what you should do. |
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Surely, ALL governments, not only those of the United States, try to boycott the spread of bitcoin in every way, perhaps by proposing alternative currencies.
The war will be long, but the traditional states are destined to lose.
And for US government, they can do anything to shut down bitcoin, but I don't think that they can do that because people in the US who are using bitcoin will find a way to use bitcoin still. The US government, with all of their resources, will try to shut down bitcoin, but the problem is they need to shut down the internet connection too if they want to shut down bitcoin. That means, they will see all people in the US will get disappointed and maybe they will demo to the government. They can't really shut down bitcoin, they can only stop the citizen of the US from using bitcoin by closing any connection in all cryptocurrency websites. But I don't think that this is really their plan, the US government wanted to control everything especially when it comes to investment and the development of technology, and bitcoin is one of their interests. |
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Long-term investment has the advantage that the profits obtained are greater but also requires large funds. must be selective, and this will make long-term investments more valuable. But for the current conditions, I prefer day-trading.
Doing long term investment gives you an opportunity to have a maximum profit, you decide on when exactly to sell it until the bull run comes. A lot of patience is needed to overcome fear, overexcited and the whole possible situation that might happen in the market. Doing day trading is not half bad, but it will be hard in this bear market, experience and inexperienced traders will be having a hard time for sure. |
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So you're basically comparing fiat over bitcoin. My answer is I think it depends. Anonymity of bitcoin (pseudoanonimity, I mean), is good because you are not being monitored yet you cannot get back your money even you have done a mistake. Tracing transactions of fiat, you can be tracked yet you can get your money back. It depends on the situation to decide what's better.
That is the difference between cryptocurrency and fiat. Comparing them is unnecessary. They are both good and both of them give us what we need. Cryptocurrency is made to give anonymity to its users, it has a limited supply and irreversible transactions. While fiat has more function and it is used in our daily life. |
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Experienced hunters can also pass wrong info if care is not taken, so let alone the inexperienced ones. Well, they are not to blame, because sometimes, the team of those project with little or no worth still find a way to deceive and attract people. So it sometimes require a lot of experience, which although is not a guarantee, to be able to decipher a project with great value and which is safe at least to a large extent, because not all legit projects are also safe to invest in.
It's every bounty hunter's responsibility to investigate for every information we received. If a bounty hunter can easily accept and adapt the information he gathered, he's not taking too much time and effort to benefit himself. A bounty hunter should not only accept information but also we should gather more information to know if its true and investigate further for better understanding of the project and in any situation. |
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Risk management is very important factor for us to become successful. Those successful traders and investors have good risk management. I'm a trader and I have good risk management for me to minimize my losses.
Indeed, it is helpful in terms of investing, trading and even in holding a cryptocurrency. We should understand the risk of every investment, by applying risk management, we should predict and make a decision in the possible things to happen in our investment. Having an alternative action is one of the way to make sure that your investment will give you enough profit. Those who don't know their risk are really the one who gave up easily, losing their money easily as they don't know the risk associated with what they are doing. Risking in crypto is fine, but we should know our limits, how much % of our income we are willing to invest with and how much time we can devote to learn about crypto, it is not all about we know the project is great, but we should consider a lot of factors before investing. Those are the type of investors that the only reason that keeps them on investing is due to its trend. They are more focus on making a profit without proper knowledge. Facing the risk is actually one of the factors of being a successful investor. Without facing it and knowing the risk of investment nothing will happen. If fear comes first when it comes to investing, there is no way that an investor will keep on investing, losing his investment is possible. |
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If i am asked to write a story about my crypto accomplishments so far well i don't have any thing to write about except how much i have make, since 2018 i haven't make better money investing in crypto and for months i have invested in crappy projects because at that time i never understand why coins can be demanding, i think its same thing for most newbies too, i started my bounty journey but still nothing, instead every few dollars i made are from airdrops, yes i made reasonable money from airdrops like
-Apollo currency
- Blockstamp
- originalmy
- Data token
E t c, why haven't my bounty tokens turned money? airdrops quickly get on exchanges and they are tradable but not bounty tokens, tell me whats your experience so far?
There are very few airdrop that you can earn a good amount of money from 2018 up until now. Base on what I observe the common earnings from airdrop will range from 5-100$. Unlike last 2017 where there are airdrops that I have joined in which I earned 600$ and the other one is 200$ then the rest is below 100$. In bounty, I guess you are just unlucky to have joined shit project because I still able to joined a good project last 2018 until now where I get good amount of compensation also after it was listed in exchange. It's rare to become part of airdrops that are paying nowadays, and the drop that they are giving is unlike before, right now airdrops is really low which is fees are much higher than the drop. We really have different situations from the year 2016-2017 where we feel safe in every bounty campaigns, it's very unlikely in our situations these days. Finding a good campaign right now need to take more time and effort to avoid scam projects. |
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In my opinion PUBG, Fortnite, Dota 2, and other games have not yet used the blockchain. Yes they do use digital coins, but that is not cryptocurrency, because cryptocurrency must use blockchain technology as a transaction journal.
E-sports are accepting payments using credit cards and debit cards, and even game cards to add a fund to your accounts. If esports may be able to adapt from blockchain technology its possible to boost the transactions when using top-ups. It will even increase the usage of crypto that will sump up the demand that we currently have right now. It will also expand the scope and use of cryptocurrency. |
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That's great that another company is adopt crypto to their business and it's good thing to crypto too because there's a lot fans now of k-pop groups around the world. Because of this kind big step of Korean company there's a possibility that many people can known about blockchain because of this and hopefully it be really have big impact to crypto. This might have a huge effect on the crypto community not just because of k-pop fans around the world, but because Koreans are very well-known when it comes to technology. This will boost the development of the cryptocurrency and investors will come from their country and also from their partners when it comes to investment. |
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I saw the trend prediction formula in the historical data, and also technical analysis was very helpful. Maybe some people believe and don't believe about the pattern or history that will be repeated, I might be one of those who believe and don't believe so I made 2 portfolios for next year.
As the prediction, they see that bitcoin price will continuously increase if the buy support at $8300 will not break. As long as this barrier will stay as it is its price will rise. However, if this barrier will break there are chances that its price will continue to decrease, bitcoin's price will be back in the bearish market and the whole crypto market will highly be affected by this. |
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The fact is that you need to monitor the markets extremely closely in order to profit off these trades, and one big loss from an open position can wipe out essentially what you earned from the previous 10 trades altogether instantly.
That's the risk associated with scalping. You need to actively monitor your trades because that worst-case scenario can happen. Instead of making with those trades, it can lose all of your capital. And many newbies think that scalping is an easy task to do when they trade. patience is the virtue in trading especially for the beginners.
Not for scalping though. Scalping trading is very difficult in the volatile market. The price is very active, and moving in the unexpected direction will cause you to lose big money in a few minutes. Scalping is profitable in a market where prices move slower like Forex. However, perhaps this volatility prevents us from doing scalping, but it provides an easier way of making money, such as arbitrage. This method is easier and more profitable, you should try. The situation we had right now in the market is really hard, we can't use the bearish market as a reason to stop trading. We should know how to ride the flow of the market. Scalping is one of the best methods we can use in this bearish market, after having a quick profit, we should think of our next move or how can we exit and make another trading. |
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~snip~
Cryptocurrencies are more accepted nowadays. That is observable both in the media and in the actual world. Cryptocurrency transactions are also secure transactions. Cryptocurrency transactions are probably the most secured way of doing business. Everything's transparent as well as anonymous to a certain extent. I only have reservation about cryptocurrency having the top-notch security. It may not be fooled but it is always under attack online. And a single loophole in the system is enough for all the funds in the compromised wallet to be stolen in an instant. That is very well said and that is right. Well in terms of value bitcoin currency is really better than fiat currency. Also, bitcoin is a good investment. You can be able to earn a big profit if you invest in it rather than saving your fiat money in the bank where you can only earn a small amount of money. Fiat is a very low volatile and almost stable currency. Even if you are going to trade in forex exchange you don't know also how to read the market. Crypto can also give us anonymity and security of our investment. It is good for long term and even in short term investment. In fiat the value of your money will be the same tomorrow, in cryptocurrency its value may be higher or lower depends on the flow of the market. Cryptocurrency can grow even if you dont hold it in a bank, you can also do trading anytime if you want to increase the number of crypto that you are holding. |
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I am considering myself as a bull but if I need some urgent money, I withdraw minimum amount that helps me. But I am not happy about this and looking forward to have additional sources of incomes. I will probably regret all the withdraws in the near future.
Almost everyone is in the bull's group but never knows when they should sell. They believe in some speculation of a bigger price after a pump. Even if they are already in profit they are too greedy wanting to have more. Until for a long time they hodl at loss waiting again for a pump. how do you know most people are in the bull's group? not everyone is a long term investor dude, instead I know traders more than long term investors. And I think the long term investment is not wrong if they want a much higher price, because their commitment is long term. if what you mean is to sell every pump prices happen then you can be classified as a short-term investor or bear's group. in my opinion long term investors or bulls groups are those who wait patiently for several years and take high profits in that long term period. Most of investors are considering both bull and bear investors. Anytime the price of cryptocurrency can increase, and you can be considered in any of these type depends on what price you sell your investment. Both type of investor is profitable as long as an investor will take care of its movement. Most of them are really careful and takes more months to hold their investment before selling it. |
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Before making a huge withdrawal I have asked a bank consultant which documents they will need as confirmation of legality of my assets. And told them that I earned it from bitcoin price increasing. They told me that I should prepare any legal documents which are confirming my words e.g. invoice from bitcoin buying and invoice from bitcoin selling. I had those documents since I have used Swiss bitcoin brokerage instead of exchange. So after big amount was loaded to my account I had closed those 2 invoices to my bank account documents and no any problems happened. So I have confirmed that my profits are from investments. I am using Austrian bank and Swiss bitcoin brokerage.
This is a good step but I think not all banks are the same. Because when you are talking about crypto they most probably not allowed on that kind of service. Well on my own point of view as long as they won't ask me about my private tansactions then I would never tell them and I think there is bank secrecy so they can't force you to say where are your deposits came from. If they insist then you can transfer to another bank. That's it. Yes, but I know how strict are banks in Austria especially last years so I decided to protect my future assets in advance. Also not bank blocking assets if they are suspicious but government financial agencies. So that documents not for bank but for government if they will asking about my withdrawal. And government workers CAN FORCE YOU to tell sources of income otherwise they will just arrest it. And you will not able to transfer them to another bank account since they will frozen by government financial police. So don't be such self confident when you live in Europe and want to sell 100 Bitcoins.  Most banks are really strict even if you have provided such evidence, good thing that the bank you go with is really professional where they consider even assets coming from cryptocurrency. At some point, if you are not able to give them the evidence your funds will not only be frozen but also be confiscated by the government and might suspect you in illegal activities. Since the first thing that comes to their mind when cryptocurrency was included, it is all about the illegal investment schemes or pyramiding. |
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I have some shitcoins in my wallet and I am also looking for a market to sell those coins. Unfortunately, those coins weren't even able to make it enter in any exchange. Its developers seem to abandon the project already and those coins are impossible to have a value and become alive again. It's better to move on since we can't do anything about this thing.
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An open question to all bounty hunters. What makes you still join the bounty campaigns?
I was the regular bounty hunter in 2017 and early half of the 2018 but once 80% of my joined bounties started to turn scam without paying a penny, I dropped the idea. By looking the current situation, I can conclude that the situation has now worsen and the success rate of bounties is now dropped to further low. So my question is why you still join bounties? Are you getting paid? If yes, then which one gave you best rewards this year? Who is the best manager/s currently in bounty domain?
This 2019 the bounty campaigns who really pays are very rare, so I wait for the right time and check first every bounty campaign that are running. I am not hurrying in joining any campaign. For the past 6 months. I only joined 2 campaigns and I was paid a minimum reward compared to 2017, there are many reputable managers here but there is no guarantee that their bounty campaigns will 100% succeed so it doesn't matter whether the bounty managers are newbie as long as the project has the potential to succeed. The difference between bounty campaigns before and now is really different. This leads to most of bounty hunters to quit due to huge numbers of scam campaign. Taking your time to find a suitable and profitable campaign is good than being part of every campaign which will become a scam campaign in the end. As for me, I rarely participated in bounty campaigns for the past year since I know that it will be a waste of time, so I did other things such as trading and investing crypto. |
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