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.
I believed many people don't have charting skills to analyze price movement of cryptos particularly bitcoin whenever there is a bullish runs definitely a pullback is imminent thus in such a scenario newbies will start panicking sending wrong signals FUDs just as it is played out now bitcoin had retraced from $8900 to $8400 and the price had started pumping again, this is price action and does need any cause for alarm.
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Today is the final of Europa League and is between two teams from the Premier League.I fancy Arsenal to win it ss they have been fighting for a title from a long time now.I know it won't be easy at all against a Chelsea side that are also hungry for a trophy.I think there will not be many goals in tonight final.
This match will be keenly contested with so much pressure on both sides at least winning a trophy this season however I am also tipping Arsenal to win this match with Emery as their coach who had already won two of the cup in his kitty I believed he will deploys his wealth of experience in that competition to put smiles on the faces of Arsenal fans globally having been trophy less for a very long time in addition to qualifying for next season Uefa champion league.
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each day internet fraud rises, some people are just specialist in getting that done, so my advice is that we should be careful of hodling too much coin in our wallet and not to be too confident in the security of our wallet, it has failed many, especially those who are above the senior cadre.
The rate of those cryptocurrencies fraud is very alarming especially hackers stealing coins from exchanges, hackers sophistication is increasing every day in view of thise all these fraudulent activities is painting cryptosphere in a bad light. Hodling our coins in cold wallet should be our most preferential means of securing them and we must guide against exposing our private keys.
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Cryptocurrency market is a lot more unpredictable and volatile in nature compared to forex market. This makes cryptocurrency more exciting and a bit risky. Though the risk factors offer more returns.
In addition to that cryptocurrency trading is quiet more unpredictable to forex in terms of defying technical analysis in most cases due to its high volatility. Forex trading is more balanced in both TA and fundamental analysis thus making it easier for a trader to trade some selected pairs with profits. The most adopted trading strategy in cryptos is to buy low and hodl and sell high which is might requires much analysis but researching the coin.
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At present the price of bitcoin is rejecting the strong support at $87++ after a strong rejection a strong indicator that the price is not dumping for now. The pointer or indicatod that the price will reach $9000 very soon is the accumulation of the price between $8900 and $8700 once that zone is broken the price will break above $9K from own analysis.
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I gambled to test my ability and precision in predicting some soccer matches invariably earn some money as an extra source of income. My passion for soccer games is huge thus transferred my soccer analysing skills to betting staking with the amount of money I can afford to lose. So far I haven't done badly the little money earned is quiet reasonable and very helpful for payment of some minor bills and other expenses.
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fundamental and technical analysis works as it had been followed by most traders. how the forex market works where the fundamental and technical analysis is also used also works the same way as the market all follow the golden ratio. you just have to decide which to use in different situation, funny because i myself doesn't do that. well i have trade using the indicators of tradingview which works only for me as the long term holder.
A trader with an indepth knowledge in both technical and fundamental analysis will always have an edge over the market as you said. Just like forex fundamental news moves the market invariably the price of the instrument or stock traded which is similar to cryptocurrencies trading. Price Action, charting analysis plus few indicators had proved to work on a long term trading all theses are based on TA.
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Bitcoin is about to get a lot more expensive than it is today, So is it possible to see Bitcoin price hovering around 100k each by next year and why?
No one know what happen on the future of bitcoin price. 100k hit are possible when price same stable right now and new investor become to adopting bitcoin as payment and learning how to blockchain worked. $100K price of bitcoin is too high to be attained within the next seven months this is a mere exaggeration IMO I understand that the price of bitcoin is becoming very expensive these days due to its bullish volatility however that does not necessarily indicates a massive pump will be on the horizon before next at least the price has to break the $20K mark ATH attained in 2017 before heading upward.
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2017 was a very tough year for me. All efforts that i ever made to make money proofed abortive, then my friend told me about gambling and how he has been making money from it. I didn't buy into this idea because i have had a very bad impression about this game even though i never tried. Am sure you all know that gambling has a bad reputation lol . At a point i had no other choice than to give it a trial on a sport betting site. That day i made double of my money and i promised myself never to stop gambling That was how my journey on gambling started. Can you share your story briefly and clearly LETS GO GUYS I am a soccer enthusiast I love analysing soccer games and followed soccer analyst and pundits invariably I was easily lured into soccer bettings by a friend initially I used to accumulate many soccer matches after being at the losing end as a result of one or two bad games I changed my tactics or strategy to playing two or three matches accumulation playing with the amount of money I can afford to lose thereafter I had been having some winning bets.
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I started forex trading five years ago before diverting to cryptocurrencies my trading strategy is based on Japanese candlesticks pattern which is similar to forex and price action try and make research on those Technical trading ideas without much indicators using higher timeframe at least 4 hour timeframe. More so as a newbie just check out some prosperous coin buy and hodl if you can't learn technical ways of trading.
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I do not think so. Bitcoin is still struggling to break the price level of $7800 - $8000. If it goes beyond the price level of $8500, by the end of this month, then it might touch 11k. There is too much resistance at 8k.
But , hey this is Bitcoin and anything can happen.
Yes the resistance at $8K had been very strong price rallied most of the time it hits that zone and retraced or pullback its almost five times that the price of bitcoin tries to breach that zone but unsuccessful, however once that strong resistance is broken the price might journey to next zone at $10K+ the tendency of the price reaching $11500 in June might not be realistic yes.
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Hmm, this is difficult question. Let's see my list: - Ronaldo- Messi- NeymarFailed at UCL and WC so a big no. - van Dijk, potential UCL winnerA defender. - Modric, WC runner up- Hazard, WC 3rd pos, good EPL statsNo trophies - Mbappe, WC & Ligue 1 winner, Ligue 1 top goalscorer - Salah, EPL top goalscorer & potential UCL winner So between these two strikers, I would recommend Mbappe My take is on van Dijk, potential UCL winner if Liverpool eventually wins UCL this guy had been solid all through the season despite being a defender he also launches attacks and a threat to their opponent. Recalled Canavarro of Italy also won a ballon D'or despite being a defender both messi and ronaldo had not been impressive this season thus both do not merit it. Sarah was impressive last season but this season he was a shadow of former self. Mbappe though is a good goal scorer for PSG but having crashed out of UCL in quarter final by an injury ravaged MAN UTD team was out of contention.
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I believed your decision to quit your job for trading is based on the fact that your job is not a well paying job or unsecure and the profits accrued in your trading is more than your monthly salary of course l have met full time and experiencef traders whose trading portfolio is huge and are profiting in their trade consistently invariably their overall earnings is far more than their salaries.
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This is a motivational story that all hope is not lost this post will encourage investors out there who had already given up on cryptos investment because of one reasons or the other eg non listing on an exchange etc. Despite losing his job crypto came to his rescue having kept faith with his portfolio due to his diligence and research on the right coin for investment thus at a long run became profitable.
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worth mentioning is success becoming rich by bitcoin. is it appropriate to call success if all of that is obtained from a fraud. What do you think maybe a successful villain is the appropriate name 😅😅😅 Well, I knew that lot of community of bitcoin enthusiast believed that they will become rich in the future. That's why they are holding their bitcoin in a long term, and of course including myself too. Especially now the flow movement of bitcoin was good so far, and I knew it will continue to up its price value in the market. before going into the future, there are already many bitcoiners in 2017 who become rich. so even though the price is still moving up after the dump, they still enjoy and hope that bitcoin will be more valuable later For sure there are so many investors who are now rich because they had great experience with bitcoin. many people have become rich with bitcoin because they bought in 2016 at low price and then holding to sell in 2017 has made then emmensnally rich so I think there is same opportunity for us we can buy some coin at this low price which can be sell in 2020 to become rich. Even other altcoins apart from bitcoin had made a lot of people wealthy. In 2017 during the days of pumped price of bitcoin early investors who sold bitcoin had turn millionaires although such a feat might not repeat again however some investors still have confidence in the market waiting for any opportunity of becoming wealthy overnight through bitcoin.
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Gradually and steadily the price of bitcoin is making a new higher high thus breaking resistance the price had already retraced many times after reaching $8K. Hence any moment the when price pullback its most appropriate time to enter the market thus not late of course the price ranges for long at $5K before heading to 8K so its better late than never to enter the market before head it reach to $10k.
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I couldn't make enough money in gambling in 2018 partly because I was too involved in trading and most of my time was to study chart while less concentrating on gambling however in the beginning of 2018 my involvement was a losing one while winning some before I fully embarked on trading I hope to get to gambling come August this year.
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If this is most ideal way of checkmating the illegalities of those fraudulent middlemen using blockchain technology it will be a highly welcomed development the chain supply when fully deployed will be use to identify the real source of those minerals shows the effectiveness of blockchain in the correction of abnormalities in the various sectors of the modern economy eg medicine, chainsupply, security etc.
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Another good opportunity for AT&T customers to avail themselves of using bitcoin as means of Bill payment this is coming on heels of the price of bitcoin rising and increase in its volume traded. This will open up bitcoin acceptance by many Tech companies in US as it growing adoptions will spurn it accelerated growth and development as a digital currency globally.
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Numerous opportunities of buying bitcoin at dip had been playing out since the price hit $8000 its up to five times that the price pullbacks or retraced creating buying and hodling before heading upward to $8K again consistently presently the price had pumped to that price. I will wait for a dip again and buy at low then sell at high taking some few profits.
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