Bitcoin chart has been formed a double top on the lower time frame and seems like it will meet a correction first before its price up again.

Please avoid the panic selling, the bull run at this time will be different from the previous bull run when its price touched $20.000, yeah I believe it.

As you can see, there are so many investors who still their bitcoin in a large amount, even I read the news a few hours ago who stated a company buy 29.646 bitcoin, full information https://news.bitcoin.com/microstrategy-buys-29646-more-bitcoins-holds-over-1-billion-btc/ it means we still in the bull run market although we have to face a correction first.

Indeed, an exchange is one of the factors that can make you get money in crypto currency, yeah it is only one factor.

If you are not comfortable when using the exchange you just simply leave it and find another exchange.

Crypto currency is free to be used by everyone, although a country bans and prohibits the utilization of it you can still use it, don't make it your burden.

There are two factor to predict bitcoin price, technical analyst and fundamental analyst, have you analyst by those strategy before you make this statement? Indeed, when we invest our money we have to count how much risk that will be faced and how much profit that will get, right?

But at the current situation, I'll choose to become a holder because technically bitcoin still in the uptrend market, you can the mounthly and weekly candle, they will indicate that the price can still have a chance to increase more than now. And also fundamentally, there is still a good news especially from US government will give another stimulus to support their economy, which could make bitcoin price go up more than now.

Money fiat is not an investment place, that is the first thinv that you should know. When you compare/compete bitcoin and money fiat then you will know there is a different thing between them. Bitcoin is an investment place and many people who have considered it. Because most bitcoin user more prefer to using it as an investment place compared to be use as payment system because the fee transaction issue.

At this situation, when all economic instrument is broken because coronavirus. There will be many people who will move their money to the safe place because they are afraid to inflanation. So as there is one solution, they must choose investment place to storing it and yeah greatfully they use bitcoin because its value is increasing since this corona virus come. That's why the price of bitcoin has increased significantly until now.

1 million is a huge amount, I never see there is a celebrity or whoever he/she is who held a giveaway with a huge amount. What success do you mean? did she succeed in getting a lot of profit because of investing in bitcoin?

There are several selebrities who reveal that they are investing in bitcoin, a few days ago I see an update from Meisie William (Arya Stark) who starting to invest in bitcoin. Even long before her, a few years ago to be precise in 2013 Snop Dogg sold his album with 0.3 btc. So, this is something new, but yeah there will be a good effect for bitcoin in the future.

I have different perspective with you, in fact between bitcoin and altcoin (just in the top rank) have the same characteristin in the movement price. Most altcoin price which I'm analyzing will just move rely on bitcoin price movement.

As you can see, two days ago almost altcoin price were increasing because bitcoin had been able to passed the $20.000 barrier. I haven't seen an altcoin that increasing a lot and even reach its new all time high when bitcoin is not increase. Just wondering, as your perspective which altcoin that is promising to be choose as an investment instead of bitcoin? which altcoins are not as volatile as bitcoin?

Become a long term investor especially in bitcoin is not easy, someone may need the ins and out of the characteristic bitcoin price movement. Can you imagine, an investor who bought bitcoin at the previous all time high $20.000? did he hold bitcoin when its price continues to fall? even its price touche $3500 two years ago, I can't imagine how their psychology.

Also, I can't imagine how their thinking when they bought bitcoin at $20.000 because the previous all time high has been passed and now its price has touched $23.800 it means just a few days they have got $2800, just compare with another place, is there any investment place which can do that? I guess no. So as they will be tempted to sell their bitcoin when they get a huge profit in a few days and they can buy again. To become a long term investor, maybe they must have good psychology so that they can regulate their emotions to decide something that was not in their previous strategy.

There is no one who will force most people to believe and having bitcoin as their investment place. There may some people who capricious like when bitcoin price meet a big dump they will assume that bitcoin is flawed when used as an investment place, you can lose your money in seconds due to the volatility of the price. We have seen a lot, bitcoin price crash and there will be many people especially in this forum who doubt and become bitcoin haters.

But, it is otherwise when bitcoin price up like this time, there will be many people who consider that bitcoin can be called as safe heaven place beside gold because when the economy in most countries falls bitcoin showed the opposite. Then we will see especially in this forum as well who precipitant to tell that bitcoin is good and can defeat all investment place, it is worst. At this time, I'll never talk about much bitcoin to many people who know me (in my real life) I'll let them know for themselves about bitcoin and its ins and outs.

I use Twitter as well in my trading strategy, for the first intention I choose twitter was this social media is really different with other social media.

Almost everyone who has a big influence in moving the market or changing the assumptions of a trader has a Twitter account.

As an example, Donal Trump, Nancy Pelosi, Biden even or newspapers that are often used as a reference for fundamental strategies by many traders such as Bloomberg, investing.com has a Twitter account, those things are enough for me to have a Twitter account and use it as a tool for my trading staretgy.

Yeah it was morobozu candle, I bought bitcon when its price met a slight correction exactly $20.100 but until now I'm still holding it because I expecting that its price can touch $25.000 before the correction comes in 1 day time frame. Also, I set a stop loss positive at $21.700 just in case the market sideways now will make its price fall.

One player that I didn't expect to come back was Ibrahimovic, I thought he would retire in the LA galaxy. But I was wrong, he is a great player and is able to bring shocking shocks to many people who sneer at him. And as an old player, he was able to be a good leader and give many lessons to young players where the AC Milan squad is now inhabited by young players, and this factor is also what makes AC Milan in the right position compared to the previous few seasons.

In the technical analyst, there is a strategy called Fibonacci time zone that can predict when the new high price can be achieved, but I haven't mastered it. Maybe some people here who have mastered the strategy can give an answer to your question, although it only had 70% to believe it when he was sure of his predictions.

As you may know, before bitcoin price passed $20.000 it needs a few weeks to broke the resistance. Some investors decided to take their profit first before he bought again. They only wait for the right time to buy bitcoin again, until we got the information from the stimulus and make them decide to buy bitcoin and make its price touch $23.800. But, I'm sure if this sentiment market still happens before the end of this year $25.000 can be passed.

First of all, you have to move this thread to the right section https://bitcointalk.org/index.php?board=57.0 this section is belongs to altcoin discussion.

As for your decision that has done, I think there is a possibility for the bitcoin price to increase more than the new ATH $23.800.

The stimulus factor hasn't yet agreed upon by the US government, an increasing price a few time ago just an anticipation of some investors to buy bitcoin at low prices.

You may need a special attention to look at bitcoin instinctively, make an analyst every day to see what will happen because you need technical analysis as well when you have the intention to invest your money in bitcoin.

Can you imagine how many people who let say trading in bitcoin? Do you consider that they use the same strategy? is their psychology the same as each other? This is what will make trading has many possibilities. When you take a short entry, there will be many people who will take a long entry, it will never line up.

Perhaps, there is a certain possibility that a trader gets a profit and face many possibilities with good, he must choose a domination. I mean they have to make entries where many people will do the same thing, such as when the market in the uptrend situation, you should choose long entry and otherwise. Even though you make an entry where the market is filled with manipulation, but you take an entry with the state of the market conditions (bull or bear market) you will be fine because the situation will back to the previous trend.

There must be some step before the vaccine be used massively, not just someone found a vaccine and he directly use and share to many people, it is not like that. So I think the vaccine will be safe for human as long as the vaccine has successfully faced several clinical trials.

As for the vaccine price, I guess the government should pay it and give to their people in order to they use the vaccine for free. In this situation there will be many people who lose their job and what will they pay?

I think, instead of the government focusing more on solving the economic problem that continues to deteriorate, they will be better at giving the vaccine freelh so as the coronavirus will no longer attack deadly, this way they will be easier to control their economic situation.

The first intention for most investors will sell their ethereum at its all-time high $1400, after that it depends on the market condition. As of now, a few weeks ago bitcoin has reached its previous all time high but its price just falls because some investor sold their bitcoin and wait what will happen.

Gratefully, the current situation has pushed many people to hold bitcoin because of the coronavirus. The investor will see the economic development from some countries if they face a bad thing such as they must create a lot of money as a stimulus to get their economy back up and running as usual.

This factor will make bitcoin price up since there are many people who consider that bitcoin is a safe heaven place so that they can save their money into it. And that is what has happened now, bitcoin price up because there is a condition which can make many people buy bitcoin. This will happen to ETH too, they (investors) will deliver to an all time high first and wait for the next possibility.

I think this coronavirus has been able to make bitcoin price past its all time. I still remember when many people complain about bitcoin price when its price just dumped to $3500, at that time there are many users who just talk that bitcoin will die soon and many people will lose their money. But now, bitcoin giving a convince for those who hold it, is there someone here who holding bitcoins of $ 3500? I think you are the winner.

Actually, I could buy bitcoin at that time but my brain just fulled of fear, I regretted it now. Even I can't bought bitcoin when the price touched $10.000 because I hold some altcoin and was sold because I was fear when coronavirus effect can give a bad thing for bitcoin, but I realize that was wrong. Seem like this increasing price was affected by the stimulus deal so many people just buy bitcoin to safe thei asset.

Minimize your risk and your comfort when you are investing, if you already know BTC dominance in this situation you have to choose bitcoin as the main place to store your money. You can divide your capital by 50% for investing in bitcoin and for the rest you can choose the altcoin that you think has a good movement. In this situation, there will be many people who will buy bitcoin and ignore some altcoin, I have seen a thread on trading discussion which discussed that currently buying altcoin is a high risk.

Yeah, I'll admit that is true because I see and I have felt before, I bought an altcoin but I got loss although bitcoin was increasing. As you can see now, in this bull run market just bitcoin that successful to reach its all time high, when the correction came bitcoin just met a little fall different altcoin which met a correction for more than 50% from their increasing price.

Because trading is funny for some trader, they can get money as they wanted with a short time if they can. More than that, there so many people especially in youtube who told that they can get money fastly in trading, so by this thing new trader will easily enter to be a trader.

I do, every trader must have thier own strategy, not just copying another people strategy and make an entry with their strategy, you never get any profit at the end. I choose some coin that I must be watch their price movement, I only choose a coin who has increased/decreased comparing to another coin.

The coin which have a good sentiment market will give you a profit fastly as long as you set a profit target. Yeah this thing will be forgetted by some traders, they only put an entry and let it. Whereas the first thing that you should make it as a habit is set profit and loss target everytime you make an entry.

When the sentiment market is good for bitcoin then there will be many investor who will look bitcoin as a main place not altcoin. The investor will only look bitcoin to gain profit they will ignore altcoin price movement. Same as your, I often to see many altcoin just dump when bitcoin price is increasing, but when bitcoin is facing a sideaway in a lower time frame than altcoin price movement going crazy. The price just move fastly and you'll be late if you buy at the desired price, so to me in uptrend market like now you will be safe if you trade bitcoin only.