Most questions that bothers newbies, and crypto currency ethusiasts are,
can i join this trade?
is crypto currency bearish enough to trade?
Is it safe to trade now ?
Can i learn trading now ?
Amidst such doubts, and thoughts, i believe as a newbie or established crypto professionals, as long as you have done your research and learnt basic trade strategies.
It is easier to begin as a traders, and if you learn faster, the best.
But the door is always open to new traders or new investors.
Then, you must have to tell them what is the reality in crypto trading, you also tell them the higher risk that might end up them losing at a single mistake. It must be cleared to everyone who wants to be in trading the difficulties before we got at the top. Not all have tried in trading succeed, many we're also lost their position and quit. It can happen to anyone if we don't understand the world that you are trying to be with, the situation also that might bring you down. If we are strong enough to face the risk and much willing to learn from our mistakes definitely, you will succeed in the future. |
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That is only the author's speculation, Yes I have to give some respect to his opinion but I'll just have to skip knowing that we are in a different situation. We suffer huge dumps before (even worse than of today) but we are able to survive by then. This is not the end of crypto nor we are seeing that it drops more. The price is still good, potential altcoins are still rallying this makes no worries for me coz I believe that we can still make this and we did before. Those doubtful individuals will surely quit and I don't want to hold them cause they are also the reason for market drops. |
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I agree that the price of bitcoin is likely to rise later this year In 2017 the price of bitcoin was very invested they made a lot of profit There was also in 2018 but now much less No one would have thought that the price of bitcoin would go down so much. But don't sell it now The price of bitcoin will not be so low that the price will rise up front.
if you supposed to think that the market will rise back sooner, then you are absolutely right. Believing what is in your mind will be brought you too far. Ain't no wonder why people are selling their coins when the saw market declines is that because they don't trust the system nor they have patience to wait for its recovery. If I buy bitcoin in the middle of the bullish market (last 2017) and then sell during the bear season is totally a big loss for me and feel regrets about it. But if you are still holding it now, I feel you lose a lot more than I'd lose... |
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If this pandemic is getting worse then definitely we may face financial crisis again and I don't think if it is good idea to buy crypto because it can affect also in the market, it may down again if people panicking again. We should cooperate and we should listen to the government, let's stay in the house while the world is healing. Hope this pandemic will not get worse.
The continuous spread of the virus will make the market dump and expected that many will lose their confidence of holding. Yet, the market seems to be disturbing but in the other way, it gives us a chance to buy more bitcoin or any potential altcoins. Investors will gladly be happy seeing the declines, they're waiting for this event and can't deny that many people will be selling their coins at a low price bringing the price to drops more. This surely has its ends and it could be cut short if we all been following the government or from the health organization. |
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The BTCitcoin community is used to this crash as well as the best advantage of opportunities. The chart shows the behavior of Bitcoin that is hopeful we all hope to see a rerun to 10K. Bitcoin is so strong and I had never imagined seeing it collapse like some who panicked.
You actually hoping that the price of Bitcoin will be skyrocketing but somehow many people especially those latecomers will pray that it drops. Then, the chart will be saying is true and I supposed to believe that many people are buying during the bear season as we all (most probably) learn from the previous 2017 crash after being in the bullish. Many are suffering losses at that time and we don't want to happen again. |
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I have seen a lot of people say what they believe has caused the price of bitcoin to fall but I don’t believe all that, though they were all trying to make points, but I still know that Corona virus pandemic is the main issue here. One person said it wasn’t coronavirus but due to the announcement that quantum computing has been discovered, then he tried to link it to what happened when the first announcement was made.
I have also seen others that said it’s due to one scam project and also because of millions of dollars that were pulled out from the market. With all that said, I still know that coronavirus is the main cause of the fall. Cryptocurrency market isn’t the only market that was affected by the pandemic.
A lot of things will consider as the reason for this declining sentiment but, whatever it is I believe we can still surpass these struggles. More people link into coronavirus because it actually declines started when the situation becomes pandemic. May we say it was just a big coincidence or not but we have to clearly understand that the market is volatile and unpredictable, nothing we hold in order to be on the price of what we want to.
On the other hand, these changes still are nowhere to find what it causes a lot but we don't need to worry about this. It all be to resolve. Were seems not to be hopeless, in fact, the market started to move upward, this is a sign for recovery. |
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Ball games are what I like to gamble but somehow it also stops.
Bored? I'd never felt it though...I have perfectly considered this as a time to relax and keep away from gambling life and could spend a lot of time for the family instead of trolling on the internet.
I'll be back in gambling if this situation will be over but as of this time, I have not to think about it but rather to look the safety our my family away from the killer virus. Staying in the house is not really at bored if you have something to do as well, though a little different for the normal we do before but we have nothing to do.
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It is really in question which one or two, or more coins to soar high this year. But if we are talking about which one will gains market popularity, the top listed and potential altcoins will still be consistent on it. Prices may vary depending on the market performance and as of the current situation by now, I believe ETH and XRP would remain to be at the top. No doubt for them coz for so many years that they remain to its position and it was a simple indication that more people are trusted this coin than of the others.
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Maybe it doesn't work for you but it is really different from me and it was meant to be good all the time. I don't know how you work on it or you are just impatient and can't wait for the market to recover.
I believe and I know that the life of a trader isn't really easy but I don't think that this basic and genuine strategy is not effective. In fact, a lot of people are using this one because they believe that it works. Anyway, no matter what strategy that you are using if you are not passionate about using that one, it is simply you'll be ended nothing.
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Panic regarding the pandemic created opportunities for buying crypto currencies at cheaper price. Still there is no good news regarding the corona virus still market seems recovering so people caught crypto as an alternative to make up for losses they have made in the stock market crash.
Then, it is to hope that this recovery momentum will continue and people might not think about selling their Bitcoin at a cheap price. Coronavirus have still in the spread and a lot of people get infected and hopefully, it won't really matter a lot in crypto. FUDS and panic selling is over (IMO) as we saw the market bouncing back again. Halving has to come closer but I feel that we aren't able to see the market be in the bullish if this pandemic health issue won't slow down. I have nothing to expect more this time. |
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People who are investing Bitcoin must have to think about its risk, losing and gaining is what would you end up. And unfortunately, a lot of people suffered losses with their investment because of the lack of knowledge and also they really don't understand how it works. Its volatility makes more people having doubtful questions in their minds when to buy, sell, and etc.
We should have to be reminded that we don't have any control over the market flow and anything will happen is all because of its volatility. And so we don't have to expect that everything will be in smooth and having a flawless market trend, its gonna be rough though.
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Bitcoin price drops almost more than 35% compared to the raise marked previous months, and it believed that bitcoin halving will raise the price, will it succeed as predicted before with current market and economic conditions.
We are so hopeful for this halving but not it gives assurance that everything will be fine and set for another ATH. It possible to see a few pumps, in fact, we have noticed that this time. The only thing we have to make this time is to keep calm, be patient and never get affected by the FUDs that we mostly heard around. This all be temporary, we will not sticking to this situation all the time. And the most important thing we should have to do is to keep safe from coronavirus coz it helps a lot. |
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2017 is a great time in crypto history (correct me if I'm wrong but probably it was). Crowdfunding, bounties, ICO projects are played by hypes which makes everyone got profitable but if we compared today, it is really hard to find good in crowdfunding or any from those things I've mentioned.
The market trend has changed already and the mindset of the people as well. Hypes have missed out and the whales have to be in silence already unlike before. This is why we can't expect that this will work great at this time.
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I don't think that everyone seems to have that kind of optimism because we all are into that kind of thinking, we are not able to see dumps and panic seller but instead, we might only see a growing market demand and support as well. We have suffered a huge decline and not only because of COVID-19 but this purely because a lot of people become hopeless and out of the positivity. This only means that many were still in the doubts, this is the real facts in crypto.
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i think the crypo world has clamored for this situation for a while. A world where the fiat system is no-longer stable. if not mistaken, i will say that the world is heading into a serious health crisis with what is happening in china, italy, spain and other parts of the world. many countries has promised their citizens of enough fiat funding printing more fiat money to support themselves.
What is the cryptocurrency family doing to support their own community at this perilous time.
The global market suffers big losses but I'd never think that this will be the end of crypto. We are giving more concerned about the price and this is the reason also why it gives your fear and the will possibly drag you into becoming a panic seller instead. Maybe this time, we may take this aside and we have to prioritize first our health. The market will recover later and I stand to believe this. It will be harder for us to accept the situation if we always take a look at the market price, maybe a simple glance could be enough for now. |
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I have some ETH before but I already sold it when the market moves down last 2018 and so I have only Bitcoin's left in my wallet for hold. I'd never have the guts to become a long-term holder that is why every time I bought coins, I also sell it immediately if I could already saw some gains on it. Buy and sell is what I've practiced for a very long time and it helps me a lot, and I have to make use of this even for Bitcoin. Holding is not really good all the time, 2-3% gains in a particular coin/s are have nothing to regret when you sell it.
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It has been a wild ride for ripple so far this year, with the price dipping to $0.26 and then quickly regaining to $0.29. This comeback has analystshitting Twitter to predict that XRP may see the $1.00 mark by the end of 2020 and here is why: https://crypto-current.co/ripples-xrp-could-reach-1-2020/ Do you think XRP has the potential to hit $1.00 by the end of 2020? I'm not really strong to think that XRP will rally high this year but as if we remember that it once reach $2 plus during the last 2017 Bullrun, then there is no such thing to hold. The chances are still there and in no time we will just be surprised that we even surpass the last ATH. I know why some people may doubts about XRP capability because of its being known as a centralized coin but something we think also that the developers will want to gain investors and showing some pumps into it or hypes will surely attract more. |
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Why we should have to blame others if we make decisions on our own unless if we just rely on them.
Whales have done their way also to generate more profit, the same way we think about but somehow we are not like them who have to capability to make changes in the market price. We don't be bothered so much because of the dumping scenario that we've been experiencing today, we know the reason and we know also that this thing may resolve in the coming days. Whales are out of this.
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Quite sometimes I used ETH but mostly I used Bitcoin since from the day I tried gambling. I often confident of using them both knowing that most gambling sites are only accepting Bitcoin and so we have no option but to use it instead. Even though Bitcoin's price is low but still, I'm using it no matter how it cost.
But because of the global market issue that we've been facing today, I have to limit my bet.
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Glady, we are still at $6k and above range. The situation has chances to get over in a few days from now. We don't need to worry so much nor to be one of those panic sellers and weak hands because it won't help the market but instead, it only helps to get worsen and dumps exactly. Bitcoin market is just too strong. The more they try to short it. the more they lose their bitcoin and get burnt because the community quickly buy the dip and push the price upward. People are wiser today on the market. They know the market always comes back better.
That is why they keep on believing and have fate on it. Some people who don't understand this stance will definitely be putting themselves into a lot of questions and doubtful minds. |
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