Firstly, I will like to congratulate all of us that started last year and today according to my country calendar we are in new year in health and prosperity. I wish all of us traders well.
From all indications the cryptocurrencies market and bitcoin in particular has not seen to be in the bottom yet and the bears are more ready to pull down the price further. We don't even know accurately were the bottom is and according to some speculators bitcoin might go below $3000 before we can see good recovery.
My question is this: were did you think Bitcoin's price will be at this time next year and What are your thoughts and technical reasons why bitcoin will not go beyond $3000? Your views will be appreciated. Thank.
The market in this current year is better than last year. At the beginning of the first quarter last year, we saw the signs that the crash will happen. In the beginning of this year, we now keep seeing the signs that the market will recover. it's true because this year the market has never experienced a big decline, so this year is likely to be the beginning of the market recovery. because I am sure the market will experience major changes |
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if in my opinion and my friends, coins that have a good future are bitcoin and ethereum, because these two coins are very much loved by many investors as a promising investment place.
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Hard to read much into these day to day up and down moves. The market has been going sideways for last two months so getting close to making a big move up or down soon.
but this year, of course, in the middle of the year there will be a lot of dumps because the market will definitely experience a good movement that makes many people sell their coins |
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That's the first thing you should have before enter the market, don't argue that's reality. I don't know how people without faith with their strategy, analyze and enter the market with blank calculation. Have faith is good but minimize risk is also needed to recover your faith.
absolutely because self-confidence is very important to train us mentally when doing work such as trading, because we believe that the most important thing we must have will enter the market |
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trading without losses is impossible if I think, because most people in this world who do trade work will definitely suffer losses even if a little
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I always keep my funds fully secured because i can't keep my funds in any exchanges like fork delta, etherdelta.com and other decentralized exchange. But some centralized exchanges binance, kucoin, and houbi also can you keep in those.
I also like that to secure my funds or assets in binance especially, because the exchange there is very good and fast and safe from the word loss |
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The economic situation in the country depends not only on the government but also on the people themselves. In our country everything is bad because people are afraid to develop and adopt new technologies.
of course, because there are already many developed countries jam because their people are fast accepting new technologies that make their country more developed in terms of economy, of course |
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I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
It is not possible because its price is always changing due to the law of supply and demand. Bitcoin will never be stable and there is problem in terms of volatility because people do not see the bitcoin as currency. but if in my opinion with the large number of people or investors who adopt bitcoin on a large scale it seems that it will be very easy for bitcoin to experience a large price increase |
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Interesting point of view.
I'm on exactly opposite end - I'm going deeper with ICO's this year.
Your points are pretty valid, but this mean you just need to be more peaky where you are investing. And I'm always and only buying during the pre-ico phase, avoiding those ICO's with massive pre-sale.
Of course, now in my own opinion I don't think that this is valid enough for me to quit on ICOs, there are ICOs that are reliable out there, you really just have to be picky on finding the ICO that will fit you and your standards, and I don't think that the ICO would adjust onto you, you will be the one that will have to adjust on making your investments, I hope that after what you have said and what the community has responded to you would make your mind up and go back to investing in ICOs. ICO were good at one time but these days it is very hard to find a good ICO. May be one out of 100 ICO is good and rest are all scam or made with the purpose of collecting money and do not focus on any coin development. hence from that, there are now many investors who are less interested in investing in the ICO because of the many good ICOs, only a few percent are scam because they don't want to develop their coins. |
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at this time the market returned to red immediately. for now it's the perfect time to buy some alt. don't waste this opportunity. stay alert to invest in alt.
I think when we want to buy at the moment it must have more knowledge about Crypto Investments, because prices are unpredictable going where, so I prefer to wait for Bitcoin at $ 2000, because that is the lowest point I target. That is certainly because now there is a big opportunity for us to get high coins at low prices, because now there are still a lot of low-priced coins before the market suffers a high price. so the opportunity to get a big profit is very easy while waiting patiently |
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for myself, the expectations for this year the market could quickly experience a bull run, because it had been long enough for me and other crypto users to find it difficult to earn income or return their capital. yes, hopefully this year will be a blessing year for all of us
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Personally, i think Ethereum and Bitcoin will collapse.
Same for EOS.
What do you guys think?
Which altcoin do you think will be the next Bitcoin?
if bitcoin and ethereum will collapse then other altcoins will definitely experience the same thing. I'm not sure if there is an altcoin that will become the next bitcoin. it seems right too because bitcoin has a huge impact on coins below it like altcoins, because if bitcoin falls in altcoin it will also fall too vice versa |
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There is better to not buy back some shitcoins because they can easly vanish
I am buying only on good exchanges if there is any good volume on coin
Otherwise i am staying away
Good alts are pumped time to time but alts traded on small have less chance to survive
but if I myself prefer high-volume coins like bitcoin and ethereum, because these two coins prove a lot of success as a place of investment or trade that promises his income |
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if in my opinion regulation is very important for our career journey and crypto development as well, the problem is that more and more countries that legalize crypto are getting older and growing so crypto has a good future
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if I am alone, especially in safe trading, for example if the market goes down again like yesterday then I will continue to buy coins to be used as a hold until the market stabilizes to avoid being called a loss when trading
I also like you using safe trading by holding coins first when the market is still difficult to increase, so that way I can get big profits and avoid losses when trading daily |
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There is no specific time to join in trading you don't have to regret a friend. You can start it now if you have a decent knowledge of trading you will be able to manage profits there is no doubt. You just need to have patience and techniques.
That's right because all of the time was very good for entering the trade, so it's never too late for myself. the problem is to get profit depends on our own work |
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You may also add this on that list - spend time learning how to trade and how to analyze projects to invest into rather than just throwing 20% of your monthly income.
It should be so your savings will be worth it and it will not lose easily. A better way to invest is when you know what and when to buy, yes you have the money but you should not forget first to learn. Having a stable job is also better than to do full time in trading which is too risky. It have 2 things to prepare before to start in trading, first is your self(be sure you are knowledgeable enough) and 2nd is capital(enough capital and possible not from lending institutions). If you bring all of this things, you'll certainly be making profit and no worries to pay interest from a lended money. really true but if my advice that we must be obliged to do is we need a lot of knowledge about investment knowledge in crypto, because that will be the way of our success |
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
Just stick to long term for now. There is a lot of technical aspects in trading that are not so easy to be familiarized and absorbed. Take it easy like one step at a time because when people are rushing, they might twist their ankle and fall hard into the ground. of course, because daily trading is very difficult to earn income, so by way of better long-term trading to get big profits later. because long-term trading is like an investment |
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Soon it will be a year since the bitcoin touched its maximum price, and after almost a year of downward trend, I would like to know if any cryptocurrency or any project has managed to beat the performance of Bitcoin. It seems that the decline of Bitcoin has dragged down the value of all cryptocurrencies, and regardless of how good a project was, its value has also declined.
Is there any cryptocurrency that is worth more now than a year ago?
For me,theirs a lots of cryptocurrency that worth it as of this moment.Altcoins are small amount of capital than bitcoin because in altcoin you can buy more alternative coins,some coins goes down you must hold it and some coins goes up then sell it for a profit.In bitcion you must have big patience because the price was not in stable,especially now the price was in low. In any case, we understand that it is Bitcoin that affects the entire cryptocurrency market and the pricing of all cryptocurrencies depends on Bitcoin. To date, the rise in Bitcoin prices is a big question and it is very difficult to determine the real prospects for the near future. the problem is that bitcoin has become the benchmark price for all crypto below, so when bitcoin goes up and down it has a big impact on the coins below it. but this year it looks like bitcoin will experience a pretty good price increase |
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if I own the best bitcoin and ethereum coins are made long-term investments, and the results are also quite promising because there are many people who believe that these two coins are very good to get a big profit in the long run
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