Ways to far to get back at that price. Bullrun will have to come SOONER but the time we don't know WHEN. We can't be hopeless anyway to think about it. We just leave those coins in our wallet and let it grow in time.
What we look now is another opportunity to recover those days that we wasted, by starting accumulating Bitcoin and some Altcoins could something to help and uplift our chances to get back the money we lose after 2017 ATH. Time we need to restart and don't get fall into broken promises.
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While trading, I have come to notice that most of the chart only play out about 70% of the time at most, so no matter how good you are you still can't know everything.
So literally, I want to know your takes on this, does it apply to both FA/TA chart analyst or just general views?
Do guide me with comments
TBH, I don't come into trading relying upon with charts. We know the situation already and the market will change often times that people can't predict it. Charts are only showing clearly in past events but not for the incoming, only just pure speculation which is actually out from reality. If you come into trading and relying on this, you can't expect passive trades but instead, it brings your trades at high risk of losing. Charts just only a tool to help you in creating our own TA but you can't think that it warrants you for a specific way you go. because what happens today it definitely won't happen again in the future.
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I projected crypto existence to have it stays longer and more decades to come. We aren't yet into fully develop that we think for the coming dead but the opposite to see a growing and stable market to see in the future. Some people didn't appreciate it these days but soon realize how this crypto having an important role in the community and in this new normal that we are engaging with. In this new era, we can say how this crypto changing a lot and particularly the change of payment system which could make us fast, easy, and in a very comfortable way.
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BNB is such a coin that can take place 3rd rank within the near future. Binance is occupying regularly crypto world and already coinmarket. I also believe that it is right time to hold BNB. If we can see $50, we won't be surprised at all as Binance team is doing excellent performance in crypto arena.
Indeed, Binance exchange is having its amazing success which is something to say that BNB coin will make the rally over the others. Having this instance that it will place BNB into a big success also and the assurance it is too clear to thee that BNB holders will be benefiting from this. However, it isn't a way to think also for easy market gain and quick returns it is because BNB won't go directly for an instant pump. What we have now is confidence for a positive result which is very important to look by and it helps us to keep at ease without worrying for losses.
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Bitcoin has several benefits especially the fact that you can make anonymous transactions in a very fast manner.
There is no anonymous at all. Crypto transactions turn into more transparent as we use Blockchain technology and indeed, traceable. That is why almost all exchangers asking for KYC for all crypto holders using their services. Also, having access to all your funds without any control from banks and other centralized institutions puts every crypto investor full control of his funds.
We have our own fully controlled wallet that we don't need Banks to store our Bitcoin but the risk is very high because of hacking. That makes people convert their Bitcoin into Fiat money and send it to the Banks for the said security assurance. Bitcoin has been created for a certain reason and that to another form of currency which we are able to use it. The adoption takes a long wait and development for this to consider. But the good thing is that we use this for investment which makes people generate gains.
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If it breaks $8900, I think it will pierce straight to $7k, maybe $7400-7600 area.
There is a possibility that it dumps below $9k but quite not to see a huge drop either and see a price below $8k. If we look into the current market flows, the trend is still strong that giving us hope for the price to surge high rather than to fall. But of course, all of these things remain uncertain to the reason that we live in a volatile and unpredictable market. But believing how halving could give an impact on the market, I should have to keep optimistic and remain to be bullish. Once we jump over $10k again, I have to think for Bullrun to start similar thing when 2017 is in the bullish.
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And that brought them to list for small exchanges and low market volume and that also brought the project to be ignored by investors and traders and soon to become dead. Getting listed into known and reputable exchanges is somewhat expensive at this time but as an owner of the project and wanting to succeed, they would likely proceed even though it cost high. Besides, they could also have a huge benefit from it as a return. That makes sense if we don't think about having of huge expenses if we are aiming for a profitable market, it is much important is to keep alive all the time.
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Everyone didn't expect Bitcoin to gain market value at the start but the creator would like to emphasize the importance of this technology in the future that could help to encourage people to take on it. From $0 to $20k, people didn't think about it and that it catches attention when the bullish had come. We can see an important role for Bitcoin nowadays and that could also be a reason for the price to spike.
High fees could actually get attention and worries especially for small investors but not a thing to worried about. Fees may go high or down as well depending on the market situation.
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In guaranteed nothing and people shouldn't be confident about the market to keep the trend like this. The ups and lows are most likely we are able to see. Truly we can't depend on what halving gives an impact to the market as it all be matters on the people surround us. And you OP is right, it all be in uncertain and nobody knows for tomorrow but the community is expecting a positive and market uplift than for deep lows. We can't change this volatility and so we have to live it.
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Nothing has changed up to this time. One month, two, 3 months, or even in the 6 months after halving still uncertain of what will happen next. The market may seem to change anytime for many reasons. That is why I don't have to expect the market to turn into a bullish one month after halving coz of we recall the previous halving impact to the market it happens almost a year after the said event. Well, I have to find out next year but considering the volatility of the market, it assurance won't that be the same.
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Don't trust those people who say that you can trade with no risk because they are absolutely lying to you and please don't fall into their broken promises. To be honest, when you come into trading you are already facing the risk from the start and that is why we have to take this seriously otherwise it leads you into disappointment. Many traders suffered losses it is because they underestimate the risk in trading. It is too late for them to realize this but it's something they know and be careful enough for the next round.
Trading could only be no risk if you don't try it.
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BNB coin did the roll every time when Binance announcement, how was that it influences the market and so the investor. I saw BNB a promising coin but then, buying could be in perfect time and price yet to be considered. BNB isn't making a huge spike nowadays that buying it now will be a big opportunity to have good profit in the future. Indeed, we don't need to look and think it could be quick that it happens by tomorrow, of course, it takes time and let the market rise before we sell it. If you have the money, take this chance otherwise, you lose it.
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Of course, I will. But not all of them, only to have these; 1. Learning Bitcoin 2. Buying Bitcoin 3. Hodling Bitcoin
I don't know what Democratizing Bitcoin you mean and I don't think it makes helpful to us. And one reason why we come here and do these activities it is because we want to make money, and that we need to acquire these things before we achieve our goal.
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Wow, I thought they are in the settled already as they are accepting crypto a while ago but this news will likely kill their people instead. It was to think that cryptocurrency doesn't give any hope for this country if this bill we fully implemented ( yet it was implemented already). But anyway, though it sounds like we are in discrimination and to say that India doesn't have that capability to run crypto and use it because of the limited resources they have. Not this time but of course, it can be sooner if their economic status will be good.
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I share another opinion, so if it is a good project and the dev team is working hard hodling is very good in my opinion. An important thing is that you do not buy a project within fomo.
2017 is a Bullish market and almost all projects did the hypes which encourage people to invest as they think that it keeps rising. But we have this unexpected drops that shaken up the entire crypto holders and brought them into big losses. I understand why people acted differently after that scenario and many don't believe crypto. But not all ain't that hopeless enough to leave crypto instead, they still believe that they could still see sunlight after darkness. This is what we called the risk in here, crypto investment never gives assurance for its return and you are right, if we only buy and hold those promising and potential projects, definitely we can't have this bad sentiment.
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I believe that bullish will come sooner but to be particular when it comes, well, nobody knows about it. Ain't to deny that the market is struggling hard to surpass $10k which I saw that this is a long barrier to take in order to reach for $15k. We almost did this early this year but huge drops had come during the pandemic. All countries had suffered big losses this time and that might affect the crypto holders to be more optimistic and hold their Bitcoin rather than selling it when the price goes high. If this COVID-19 won't be resolve and the economic status couldn't recover, it is really hard for crypto market so soar high by then.
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It is great to make decisions where we have a basis on it just like trading charts, TA's, and so the ideas coming from the experts. Not actually you will just depend on them but the rationally behind is that these are the helping tools to help a better and almost accurate decision. You can compare to doing a project without a plan and the result is probably bad unlikely if you plan it carefully. That is why it is very important to not be rush in making a decision, it all be in a systematic way in order to prevent wrong decisions that could lead into a losing ends.
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My Luck is not for Trading, I think Trading is not for Me. I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling, becouse i haven’t any expression about Coin Chart, buy, sell and about more.
Trading is about knowledge and skill if you have that capability to trade and wide marker understanding it could be a tool for you to succeed in trading. But you are wrong thinking that Trading is a luck-base game because it won't and certainly be not. It was then to admire you that you accept it and not to push your self into trading which you found yourself uncomfortable in doing this. But just wanna tell you that crypto is wide open if you would decide to trade back again and take the risk. May you quit this time but could it be possible to have a strong come back if you are also back-up with knowledge.
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This kind of exchanger's trick is already happening globally, even in the local exchanger. They come into some reason, system maintenance, upgrades, or whatever it is. I don't know if they are working on it or they just want to fool their traders and in order that they can't sell their coins when the price is high. Not only it happens to non-reputable exchanges but it is also happening to the top exchanges. We think about not using our local exchanger but we don't have another option to take that makes us still kept it.
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That pandemic is something to flatten soon and that it certainly won't affect the crypto market anymore. The dumps that we have experienced today and even in the past days doesn't correlate to the said virus, it is probably because the people are quite in FOMO. It definitely we can't go far and see Bitcoin's price soaring high and to have ATH just like 2017 if we get always into FOMO. The market will be more vulnerable to abrupt changes if we all think the same and easily get affected by FUDs.
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