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I guess many of us have speculated with what happens in the market and we are trying to predict the market movement, and then we place the order buy or sell to trying to get a profit.
Traders will speculate if the market is unpredictable because they don't have any information related to the market, and sometimes, they can make a profit by coincidence.
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We all don't know if this is the last time for us to buy bitcoin at a low price because, in the future, bitcoin price could be down as the price now.
If you see the low price now, it is better to buy bitcoin directly because who knows, tomorrow the price will be going to the higher price and you will lose your chance to buy bitcoin at a low price.
I think that will be the best decision which you can make so every time you will see a low price, you will buy more and more bitcoin.
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We don't know the truth, and we could only wait for the update from eBay.
If they really accept cryptocurrency on their site, then it will bring a new spirit for cryptocurrency because we know that eBay is one of the largest markets which have big members who join in that site.
Besides that, if eBay can accept cryptocurrency, the other big market will try to follow what eBay did, and that will help the process of adoption will happen more widely.
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That will be our mistake if we do not cash out our profit and decide to delay for a while because we want to make a bigger profit.
As long as you can see, you can make a profit, and it is better to sell your coins while you still have a chance to get more bitcoin.
Do not wait for the high price if you don't have any information about when the price will reaching another higher price, and there is no trader will know about that.
I don't regret because I cannot sell at the right time because I have my reason to hold the coins still and besides that, I have a target price to sell, so I am fine to wait for more.
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whether someone will panic again and sell their bitcoin that they just bought a few days ago when going price up and now the bitcoin seems to have started lowering the price again, I hope it won't do it, because the market can suddenly rise and fall very quickly , so we must be calm and not be too hasty in buying or selling when the market moves up and lowers prices.
It's probably just a correction. The price of bitcoin was around 6K before the rise and now it's stuck above 7K, a 1K rise in price and the price is rising further more as of now. Even if we don't see a rapid bull, bitcoin has already started to climb the gradual ladder up from the low of 5K. That will be a correction because so far, we see bitcoin price is up and down, and there is a sign for bitcoin price to go up. We are now seeing bitcoin price can change from the red candle into green candle again, but we don't know if the green candle will stay like that and will give a chance for the price to go back to the last price. I don't think that bitcoin will stay at that price for a long time because bitcoin is on the right way to increase again and maybe many people panic when they see the down of bitcoin price this time. |
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The bear market still on the market whether we like or not, and it still makes the price go down after reaching the high price, but it will end soon.
We still see the volatility of the price at the market, and that can make us become confused to buy or not because we are afraid to do something related to the market.
If we are in that moment, I suggest you stay calm and don't do anything except watch the market moves so you will find a sign to buy or still waiting.
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Mining ethereum still profitable, but only if you have a low cost of electricity fee and a big power to mining.
If you don't have both, then I think it's difficult to get a profit from mining.
You need to calculate how much the fee you might spend in a month, and you need to compare the estimation of the price, so you need to know your chance to make a profit or not.
In some country which has a low cost of electricity, you can mining ethereum and earn a nice profit.
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For those who trade both crypto and stocks. Which market is more predictive and easier to trade?
It depends on yourself because we cannot give one suggestion if we don't know how good the market is. For crypto, I know binance, poloniex, and bittrex is a good exchange, but I don't know about stocks because I don't trade stocks and I think you need to find by yourself. There is no right prediction in any market because no one will know where the market will moves. Try to register on one exchange I mention, try the exchange to trade in small amount, then you need to feels how will your feeling when you trade on that site then you can choose the right exchange for yourself. |
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The pump is not ended but we are in the correction so the price can increase again after this.
You don't need to worry about the price because bitcoin is stronger and bitcoin can be back to the higher price.
All you need to do is prepare for the time, so you don't miss the chance to sell at a very high price.
The down of bitcoin price triggered the altcoin to go down too but right now, bitcoin and altcoin have to try to increase back after the down, and I wish that in the next week, we will see the rise of bitcoin and altcoin.
I already took a profit from bitcoin and altcoin yesterday but it's not too big because every altcoin cannot increase too high, so I need more time to make a bigger profit.
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Yes, cloud mining now becomes useless because you are difficult to reach the first ROI, especially if bitcoin difficulty increase. But I already reach my first ROI with Genesis Mining and Hashnest in the past  When you were mining bitcoin at home, you need to think about the electricity fee, and if you don't have big power to mining plus low-cost electricity fee, you will not get a profit too. I feel it's better to buy bitcoin than mining in this situations, but if you can get a free electricity fee then it is worth to try but make sure you have at least 25 Th/s to start so you can get a nice reward daily. |
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It seems that this hack will only benefit the exchange. Only 2% of the total capital of the exchange was stolen, and the subsequent actions of the founder show that such hacks are not dangerous for him.
I guess that it will not give a big effect to binance since you say it is only 2% of the total capital. Yes, but that's not the point. The very fact that Binance has been hacked, it's the only thing that does matter. People can lose credibility and begin withdraw funds which they do not trade but store there. I don't think so because people still trust binance and I am sure that many traders still trading in binance. They don't make any massive withdraw from binance because they see what binance did for the member who is losing their balance because of the hacked. If the exchange can take responsibilities, then people would still believe in them because the exchange is not run away from the problem, but they are trying to fix the problem for their members. It seems that this hack will only benefit the exchange. Only 2% of the total capital of the exchange was stolen, and the subsequent actions of the founder show that such hacks are not dangerous for him.
I guess that it will not give a big effect to binance since you say it is only 2% of the total capital. Yes, but that's not the point. The very fact that Binance has been hacked, it's the only thing that does matter. People can lose credibility and begin withdraw funds which they do not trade but store there. if we want to store our asset, dont save it on exchanges wallet.using hardware wallet could be good solution for us to make our assets safe.actually binance security very good, but maybe hackers see bug in its exchanges, and they could attack it and stole much bitcoin. That is the point. Traders were only trading the coins. But if they are saving their coins at the exchange, then that is their mistake if somehow they are losing their coins. It's better to save the coins in the hardware than in the exchanges. It seems that this hack will only benefit the exchange. Only 2% of the total capital of the exchange was stolen, and the subsequent actions of the founder show that such hacks are not dangerous for him.
I guess that it will not give a big effect to binance since you say it is only 2% of the total capital. But that hacking news was made many people worried because I am sure they have bigger balance in binance, but fortunately, binance give a clarification that they will replace the balance if the bad things come to their members. I am sure binance will do their best to protect their site so this will not happen in the future. And this is great, let people first of all think about where their money is kept and what risks they are exposed to if it is a centralized exchange. We learn from the other people's mistake so we can prevent the loss of the coins from the exchange. But if we still save the coins in the exchange, then we make our own mistake |
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This day is the day for correction but I am sure we can recover again above $8,000 and even we will see bitcoin price increase more than $10,000.
Don't be too afraid or panic to see this day because we know that the correction will always happen after the price start a rally, and if the situations are back like yesterday, then we will see another higher price soon.
We need to wait for a while until the next week, and I am sure that many of us still waiting to see the price can break the next barrier.
yes, yesterday we saw that the price of bitcoin still has the potential to reach a price of $ 8000, and in fact, yesterday's bitcoin price almost reached $ 8500. even though it was fast, I felt that it made a lot of changes to the confidence of crypto users. So we need to be patient at this moment because I am sure that it is not going to be like this forever. There will be the next days for bitcoin to back to the higher price and reach more than $8000 and even more. I am sure that the crypto user still believes in bitcoin and they still hold their bitcoin for one reason, they want to sell at the high price. |
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I am trying to send $100 from my wallet into the other bitcoin wallet address, and I see in my mycelium, I need to pay the fee for about $2-$4. If I use Normal transaction which needs 30 minutes, I should pay $1.91 for the lowest fee, and if I use Priority, the fee is about $2.51. So I tried with the Normal transaction with paying the fee $2,14, and I only need to wait for less than 30 minutes to arrive in the other wallet. I don't mind to pay that fee because I will sell the bitcoin if the price can increase more than $7,500 and if the price is going down than that price, I will keep it for a while until the price can increase. That is one of my strategy to cover the fee which is increases But that's not the core purpose of Bitcoin right? If I have a hosting business and I charge $4.99 per month as shared hosting fees and add Bitcoin as a payment option, will anyone use it when fees is $2-4? I don't think fees is ever the issue for traders. The real problem is always for merchants and retailers. Whenever Bitcoin prices increase, demand increases so does the volume and transactions. It further leads to rise in fees. With rising fees, Bitcoin utility as payment mode decreases. Hence with decrease in demand, price falls. This vicious cycle is continuing from last few years. Without solution to this, I don't think we could see anything above $20-25K ever. Yes, it is not the core purpose of bitcoin, but I don't have a problem if I should pay for that, at least I can help the network with my fee I think it depends on that person because we know what we want and if we're going to use bitcoin for making any payment, then there will be consequences that we should accept. You have another option to pay your hosting business, and I am sure you can do with easy with Paypal But lets we see what will happen later if bitcoin price is starting to rally to the new highest price and then we can try to send some amount of bitcoin to another wallet so we can see how much fee we should pay. |
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It's already happened before, and now, we are facing the correction because the price getting dump too deep in the last few hours ago.
But we don't have to panic because the price is starting to back to the high price and we still have much time to see the rise of the price.
Who knows, that after this correction, the price can easily to break the barrier of $10k and it could give a chance for the price to slightly increase to $15k in the next week.
We don't know and still predicted when bitcoin could increase higher, and we should be prepared for the worst thing that might happen (I guess we already see it happened now).
$15k is not a slight increase, before reaching the particular price it is supposed to cross several price barriers. In particular $10k will take a little more time than that of the breaking of $8000. The market to the peak have reached $8250 for this season and expect a good level of growth and touch $10000 by the end of the ongoing month. $15k is reachable and it needs a bigger support. Of course, it is not. We need to wait for a while so the price can break every barrier of the price. $10k will be the next target after we reach $8k back in the next days and I guess that it will need time before it's happening as you said. I am sure that we will go to that price and bitcoin will make the highest price again soon and we will reach $8k next days. |
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That is the courage to stay calm at this moment after you saw the bitcoin price is down deeper while not all people can do what you did.
Yes, we need to hold tight our bitcoin, and if there is a chance for us to buy, then we should buy it at a low price.
But if there are people who want to invest in bitcoin, they need to know that what they need to do is only buy at a low price and then hold it for a while like what we did now.
I am sure they will make a big smile when they see bitcoin price can increase higher later and that is the time for them to take the profit.
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bringing a pension fund to invest in the crypto world is a good step so that '' someone is very happy in the future '', but for beginners you have to do it gradually in order to predict the benefits that you can achieve, this should not be ignored and underestimated so that you do not fall into the category of "someone very angry in the future". because the crypto currency values can change fluaktif
But I will not say that is a good step, because how you will live if you use all of the pension funds in crypto? Although it's promising, we still need to think the next day, how we are going to buy or fills our daily needs if we don't have money? That is for every people who have large money and for people who want to invest in cryptocurrency. Never put all of your money in one investment only, and that is a very good suggestion. I don't think retirees will do that, they don't understand technology, their era is not the era of technology. so they won't understand about crypto especially investing in bitcoin. You're right to use all pension funds, of course that things are risky especially if they don't have any more income? they have no backup funds That is right, and I guess they still prefer to save their money in the bank because the bank still does their jobs to take care of the funds. But if they are aware of the new technology, I think they will use some of their funds and invest in bitcoin. But I don't think that is a good idea if they choose to invest all of their money in bitcoin because they need that money for their life. I think if I knew that person, I would advise him/her to use some of his money to invest in bitcoin and leave the rest in his bank account for another thing he might need in the future. |
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I think he will too sad to see the reality that he pays too much bitcoin for just buying pizza in a long time ago I am sure that he wants to turn back the time so he can cancel his order and only save his bitcoin for a long time so he can sell his bitcoin in 2017. But I think he will learn something from his story and he knows that bitcoin was precious and he will save more bitcoin after this (or he already did). He needs to calm down his emotion when he tells the story, and I am sure he can control his feeling. |
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Yes, bitcoin/cryptocurrency is user-friendly.
People don't have to feel that it is too complicated to learn.
All they need to do is how to make a transaction inside the wallet, learn how to buy and sell bitcoin or other coins.
They don't have to learn deeper in the bitcoin section or altcoin because that will need more information to learn those things.
It is enough if they only want to learn about how to use bitcoin/cryptocurrency, and they will know that it is easy to use it in their daily life.
The important is they need to have a passion for learning because that will lead them to learn more about bitcoin/cryptocurrency.
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Then there will be a selection for the good exchanges, and they will survive in the unpredicted situation that will happen in the cryptocurrency.
DEX could be a good exchange besides the current exchange, and I think people will choose what it fits them and they will stay for a long time in that exchange.
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