On March 12th, Bitcoin witnessed one of the biggest daily drops in its 10years history. While Bitcoin was clearly not the only financial asset that experienced such drop, it still came as a shock to me that Bitcoin will perform so badly in a liquidity event.`
As stocks, crude oil, mutual funds and other financial assets drop, Governments around the world will tend to print more fiat to support and stimulate their falling market, therefore, moving assets to Bitcoin which have a fixed supply with block halving just 60days away seemed like the rational thing to do. BUT THAT DIDNT HAPPEN.
Well, I remain bullish on bitcoin, because $5500 and a market Cap of about $100B doesn't represent the true value of the asset.
Yes bitcoin is created for this and that is how Volatility works,things in our thoughts will not go along always instead mostly the opposite so yeah this is it.actually we have seen many dumps and pumps like this for bitcoin. some helps us but most fails us but in the end of the day?we are still here investing and keeping our currencies. maybe what we should do now is like what you said,become Bullish for positive position.anyway we cannot do anything now but to wait. |
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I've been trading for a long time and I've been wondering about other trading practices and habits. It's been years since I started to trade cryptocurrencies and I built some and practices like when I wake up every morning the thing I will do first in the morning is to get my phone and check the market price of the coins/tokens I have, I built a practice on checking the price each time I got extra time or when I think too, I don't have a single day without doing this practice unless it has a certain circumstance like having no power in my device.
What are the trading practices that you have built over the countless trades you have?
Don't you have some alerts about the tokens/coins in your folio? i am not that Trade because i tend to try but i lose though i still doing it when there is a good signal from my expert trader friends so with His advice i am going with him but of course not perfect sometimes i lose but mostly gaining even small amount.but about Habits?i think like you i am always looking at the chart of my Holdings because this is how i am expecting growth in semi long term strategy. |
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It's hard often time for people to consider the negatives. That's human nature, and I'm human so I can relate heavily. You become part of a project, you're so excited about it that you don't consider the negatives.
You should not be too impressionable and have high expectations regarding any project. It is necessary to soberly assess the situation and have escape routes in any scenario. Evaluation of negative aspects is one of the most important parts of your analysis of any project. As a trader, you always aim to gain profits so you expect that the market price will always keep growing. But being a good and experienced trader knows how to analyse the market and is always open when negative news hit the market which will make the price dump again. It's good to stay positive all the time but sometimes we should be realistic enough particularly in crypto trading. thinking positive is Good when we are investing and nothings wrong about than,the important thing is we are ready for any cause of dumping so whenever the market falls we must expect it and ready to conquer the fear of losing.because if we are only in positive but no nothing about the negative then we will surely lose of panicking when time comes that big fall happens like what we had few days ago. |
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as u know we having next halving in 3 month. but as u know price get down to 7k and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!
you must also know that we are now at 5k$ level so what more can you say about this  .Bitcoin is Volatile and not that there is a world problem better stop expecting prices to grow instead just bare with what happening in the world affecting the economy,there are tons of problem needs to face now and Crypto will rise soon so stop this nonsense and just keep yourself safe from this corona virus,trust me there is a right time for the Bear market. |
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This is not looking too good for Bitcoin holders. Some scientists estimate there will be 100 million plus infected with the Coronavirus2019 in the United States, eventually.
USA is the finance and Bitcoin capital of the world.
100 million infection in United States alone?what kind of joke is this?US is now doing their most to prevent the spread and if china did made the preventive measure like now their infection is getting lower so what more if US do their action? but talking about the lowest Bitcoin can be?it is for at least 3k$ level like 2018 and nothing more,forget about the exaggeration. |
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On this weekend the crypto market goes down. Will it predict the stock market to go down on Monday?
for my point of views is YES,because i believe that Bitcoin holders also looking at the economic status and that can be checked by looking at what the stock markets doing so basically we are going with the stocks now as the reason is obvious. but anyway the whole world is struggling now because of the Virus effect so let us look at the Good thing and not the bad,buy more for cheaper price and sell soon. |
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Seems like everybody is Putting their trust to ETHEREUM these days,most of the altcoin investing questions
the answers are for ETH to choose compared to other currency like Binance or Litecoin or Ripple.
what made this currency Looks very promising?because of being number 2 currency from bitcoin or the
incoming ETH2.0 that is mostly ethereum holders waited?
but what matters most
is that the cheapest price of this currency now so why need to think for another currency when this proves
His capacity to reach a 4 digits value wayback years ago.so every HOLDERS can still trust that if they bought now the more
profit chance from halving effect is there.
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I will recemend you to buy only coins with good name in market and avoid shit coins, TRX, XRP, NEO, ETH, LTC, XMR are some projects with Trusted team and comunity in backup. Hope you will consider my advice.
Dump is the best time for buy but I more prefer with Eos and BNB, for me both have good foundation and will survive. Eos is similar with Eth, very idealist but have good progress in game platform. BNB is monopoly with Binance, they will try to not lost value and volume. I avoid popular coin because high risk high return, play in chaos like right now is not an option. EOS is similar to ETH?then why not choose ethereum instead of EOS mate because i think the ranked 2 currency is much have potential compared to EOS but of course i know how eos can go that is why i also have enough in my Bag,also BNB and ETH is what made me think which to choose because i am holding Litecoin now but having second thoughts about BNB.but reading so many good feeds on this one now specially in this Bear market?yeah i will buy good amount before this week ends. |
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for Long time i am planning to invest in BNB even when the price was still cheap but i don't know there is a doubt in my mind maybe my instinct or just my not willingness to extend my Folio.but ETH?sure this is the most promising altcoin now as we look at the value who falls more than 50% from December 2019 price in this case after the issue of the Virus ends and the economy back to normal again?for sure we will all grow more than the previous so the profit will be more than enough that we expecting.
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[ User: Visbay
Position to Apply: Sr. Member
Posts Start: 1227
Address: 1Q9e5oyB6XXpULfeDusSKKSuFiS6iCWsJM
How can a manager accept applicants that can't even read Post above him that says the campaign is FULL
No Available (open) slots
better try your luck in this another campaign he manage i just don't know if he will accept you with this kind of attitude. Bitvest Campaign |
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None of the above because Bitcoin will stay at this position in which $5k ,nothing in the next days that
indicates bump or Dump not Unless the corona effect goes much harder then for sure Prices will dump a
gain badly.
but for today and the next 3 days?nope we will stay at this level,market now are very desperate to grow
back again so if there are no hard issue coming in then Bear will never come again these days instead
it is the Bull that we all expected.
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I feel bullish right now, Bitcoin price overcome the 10K USD zone after a long time! I predicted this two weeks ago that Bitcoin price will hit 10K USD at the end of January or at the first of February! Is Bitcoin price predictable now guys? So, what is the next target? 12K USD? Please share your opinions.
never to come even close to that margin in this situation now,look at how Low market capitalization now even Bitcoin Dominance still taking %63 but the problem is the lack of investors,as the panic for the effect of Corona Virus is still spreading.this will only a dream for a mean time and let us Hope that things will change in the coming months as the Cure for the Virus is still not found. |
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Bitcoin has decreased significantly within last days. In some of the local group I am active, some people are trying to sell their Bitcoin, some are looking for what's happening and it seems to be little panic here.
If the price continue to decrease, I think it will create more panic which will bring capitulation, will not it?
5 days after you create this question yeah we had a Panic and makes the whole market turns to bloodbath and until now suffering from that Panic market. i hate having dumps like this because we are supposedly growing by Now but because of the Corona Virus effect and some controls from whales,now we are in lowest level so far this year though we have started good pump since new year. |
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Has the Corona virus doomed Bitcoin ? Nope - don't be ridiculous.......they want you to think this. Firstly, we got into Bitcoin because of financial freedom - money and value that nobody controls - that will never be "doomed" ( but they'll always try to kill it ). Secondly , I explain in the video below why after every crash investors first go for liquidity , and then into safe havens - we're only a week into this market crash , you will see the safe havens over the next few months. Thirdly, blockchain has already entrenched itself with many use cases that we cannot ( and won't ) go back on. Don't make a mistake selling guys - they want you to do this. HODL. And watch my video here with more detail - https://youtu.be/QGdvGY9STdcit wasn't the Corona Virus that Doomed Bitcoin or even the whole Crypto market but the Whales didbecause they are the one who can control the situation,they can fund groups or individual to spread the virus so will make the world shaken and the Dumping will happen. this is the reason why even the stocks are affected because of the spread but we can counter this by not selling our currency instead Keep the holding so they can't Bag our money this time. |
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Sad for this little Girl but Things happen for a reason,Lets hope that her family can carry this Burden as i know the feeling of losing love one.
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Im gonna explain how whales benefits from Corona Virus.
Whales already sold BTC at 10K$ - 9K$, they created Corona Virus by hiring corrupt doctors and underground Labs, They spread corona virus in world to DUMP BTC and buying BTC again at 4K$ or 3K$ and laughing at people. whales have more than 1 Million BTC which is enough to hire any doctor or corrupt Labs.
Example: Whales Sold 1000 BTC at 10k$ 2 months ago, Now they Re Buy BTC at 4K$ and now they have 2500 BTC.
Thats all.
you have a very broad imagination mate and i like that lol.But whales did not create Corona Virus because that is exaggerated accusation because there is no such thing.but what i am thinking is they took advantage of the situation and maybe Helps the Spreads of the Virus worldwide so the price will be dumped and make them more richer buying at the lowest of $4000 level? this is how Whales works and how manipulating the market and bagging more and more money from poor investors. |
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The recent collapse of ETH and BTC have destroyed the entire crypto market also it is important to keep in mind that ethereum is clearly showing signs of downfall so guys there are possibilities of ETH as it might go till $80 as the market is in deep struggle guys happy days will be back again and wait for your day.
Even when Bitcoin falls to 3000$ value Ethereum did not go down below 100$ so ho come that we will expecting that below 80$? No i think this is exaggeration and only bring FUD for ethereum supporters. But actually given that you are right and ETH go fall 70$ level?then i can buy as much as many?now i am holding few eth but when this happens i can buy at least another 50-100 ethreum from my quarterly bonus?just let this happen mate since market is really showing bad shape this month. The last time that eth go down in the $80 level was in Dec 2018 disregarding 2017 and the previous years of course. I don't think this time, they will hit that level again. But who knows, right? In that case, that will be a great opportunity to buy as the possibility of increasing its value is very high. As crypto adoption grows, and so is the demand and its value. Oh my bad i missed that part,that is when the price of bitcoin falls 3000$ right?anyway let us look at the brighter side and not for the sad part. Lool at the chances of buying again though ethereum has been really hard to grow up again and even climbing to 500$ is not attaining . But lets see that happen after this corona virus effect and the halving bitcoin,if our market will rise up more than 2017 bull market. |
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I don't know if it's only my perception but I constantly notice people who expect continuous growth. Whether it is bitcoin, crypto, stock, they only see one side of things and never the opposite. Yes, things go up but they can go down, and going down does not mean the stock/crypto is dying. It means it is alive! So please stop all these recession & bitcoin going down topics and be wise  It is instinct mate,or i mean reserving themselves with positive views and we cannot blame them since it is more better to be positive than negative and besides how cane expect a investors who will think he’ll lose?unethical right?so let us just stay this way but must be ready also to fail sometimes so if this is our out views then we can be positive in some ways but ready for negative outcome as well. |
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since the outbreak of the virus bitcoin value has reduced drastically. this will be profitable to traders; cause most of them will buy btc now hoping to sell when its value increases. Its not a new thing that btc value keeps fluctuating. I believe the effect of the virus will end with time. especially when the virus is finally eradicated.
It is the Holders who will make more profit on this because we are the one who can stand holding for long time and we don’t care if how long this bear market runs. We are putting money inside this crypto market without caring of because those are our can risk money and not that we will cry if we fails. Only strong Holder will win in this Corona Virus fight and if you are weak person then better get out of market for now and come back when bull starts to come. |
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The market has collapsed very badly and the entire crypto forum has really worried after this dump, However it's time for the whales who would have already started to fill the bags  Worry isn't a solution for this so let's wait patiently and hold our assets until the market recovers. That is what our only option now mate,to just HODL and keep our asset inside our pocket and just leave it like that.we dont know how long will this crisis last but what i am sure is Bitcoin will climb up high again this year right after halving. Not unless this Corona Virus make another widespread and infected the whole world worst than what we are having now. In this point only those who can wait longer will manage to profit and all the panicked people will cry when the bull comes after the event. |
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