I understand that you are promoting your platform and I know that was a helping option for traders. But granting how the market it looks like, we can't say that most traders will take that options rather than to follow their own market trade strategies. What is in the mind of traders as halving fast approaching? They gonna make money at that moment and even don't follow such options as you've said.
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Seemingly in the news we hear how China is anti Bitcoin and anti cryptocurrency and well that may be all well and true but for an anti Bitcoin Country they sure do have lots of hash. In the Top 10 mining Pools in the world China has around 4 maybe even more. Which comes to the question what is really going on in China & The Bitcoin. As usual thoughts and comments are more than welcome. Thanks.
We've been talking about China for multiple times regarding banning issues, nothing could change their minds, they are all-out war against crypto many years ago. They'll have no interest in crypto since they can't control the market and for the reason also that they are protecting their people against the rise of illegalities by using crypto. We don't need to ask them for their support, in fact, a lot of countries who are giving their all-out support to the market and that was big enough to help the market to grow.
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I consider volatility as an advantage. Think of what will happen to our trades when the market going straight high or even going down, Does it helps us to become profitable? Not for sure but volatility made it great. Often time we have market fluctuation and the good thing is that we are able to buy at a low price and sell at high. Handling volatility isn't difficult if we are always preferred to it.
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I'm not disclosing it since it is already been reached before but the current market flows looks so different at this time. We're not in the bullish yet and we are still far from December ends, therefore there is still a chance to make another high but think of $1,400 is quite (really)high. I even just hopes that Ethereum price will reach $500, this is good enough for investors and traders to bring back their losses in the previous years when the market turns down badly.
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full time trading would be profitable for me maybe if only the market was so bullish. because i am not an expert and the market is very dynamic. volatility is too high. so if you are not enough good to follow everything it is very risky to make full time trading.
This will also be a reason why some traders feel disappointed and somehow being bored of waiting for their money to grow. The bearish season could be a big challenge for every trader especially for day traders, profiting isn't really good at that time and that is why some of them will just sit back and wait for the market to turn back at high again. But if this trading is our passion, I don't think we reach a point of quitting instead of keeping positive all the time. And I've found out that OP isn't that strong to face the challenge in trading and that it makes him decide of leaving.
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If you want to hold BTC in the long term, now is still the right time for you to buy Bitcoin and hold. Bitcoin price is still very cheap because it is currently trading at just under $ 10,000, but if you want to trade short term it is better to wait for Bitcoin to adjust to $ 8500-8600 and buy it. However, if you have bought BTC since the beginning of December 2019, then you are really a successful person and get some big profits after only one month.
Now is a better time I guess. Let's wait for where we settle after the dip and recover. Hopefully we stop above the downward channel and just reconsolate somewhere >$8.6k. It's a sharp red cliff if you look at the chart. Nah, it is probably a little bit late as I'd think. We are moving ahead to $10k if we are buying Bitcoins even just in early this month, we already have been profiting...the same thing as OP posted. From $7,700 to $9k, it is already big enough but unfortunately, many were losing this chance. Anyway, this year has to believe that it has a great deal for everyone...the most awaited year maybe? If you are willing to take the risk, try to catch the current price before it is finally in skyrocketing.
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I may say having $9k is a bull run for me...it is already far behind from $3k that we've started last year. We already have a good start this year at $7k and moving ahead for $8k for just weeks. I may think that we've been moving far this year as halving will have a positive effect on the market price. But I'm not pursuing to see another 2017 Bullrun cause it is really hard if the support level won't move high.
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Currently its around 132$ and as we have seen ETH dumped recently and as the upgrade coming near people may start buying ETH to stake them. The current competitor for ETH platform is Binancechain imo. Staking may change the market tide towards ETH.
Binance chain can't be considered as the competitor for ethereum it just like a feature that has already made by the company to take the advantage from the market. I can say if EOS and TRON much better as the competitors for ethereum. You can't run dapps on binance chain Exactly, we cannot run Dapps on the Binance chain. Therefore, BNB will not be able to compete with ETH, ETH's main competitors are TRON and EOS ... and I do not think that EOS or TRON will be able to replace ETH in the future. The current price of ETH may collapse due to the market conditions not as good as 2017, but certainly in the future ETH will soon return. Try to own as many ETH and BTC as possible because there will be no chance for us to buy cheap in the coming months. Don't waste our time knowing whos gonna replace Ethereum cause in the first place, no other coin could replace this famous altcoin which is also a reason why crypto becomes known to us. Ethereum had already a name before other altcoins created, they are also altcoins but considering the play roles in the crypto community, nothing could surpass how ETH did.
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You are right, the price of bitcoin fluctuation makes the altcoin to decrease their prices. Whenever the price drops I keep buying the altcoin but the price of an altcoin is kept fluctuating and this makes me feel not comfortable with the current situation. So we should not lose our hopes, but one day the price of altcoin will surely increase.
It may be this month or this year? Who knows. Being a motivated person will drive also to be positive in the future but we have to think also and be open-minded. Too much confidence will never have always a positive result, it sometimes will end up also losing just like what it happens last 2018. Everyone is holding, everyone is buying cause they think that bullish will continue but what an unexpected downfall we have made people suffer big losses.
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I sold my Bitcoins through Paypal Friends and Family payment thinking it would be "safe". I was TOTALLY wrong. The scammer issued a chargeback claiming it as "unauthorized purchase". I sent all the chat logs and the screenshot of the Paypal payment from the buyer and the receipt from Paxful including PGP signature, but I doubt if I will ever win. Feels so sad that this BS has happened in the end of the year. I'm stuck between either paying the chargeback or closing my bank account and debit card, never using Paypal again.
It is sorry to hear that. I can't sleep that buddy for a few days. I'd used PayPal to convert my Bitcoins and it runs smoothly. Maybe at your part, you'll be having a deal to someone you'd never know and totally a scammer. But that is the only and the last time I'd used PayPal, and I'd never used it again. But hearing this one, I found it more careful for the next deal with.
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I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD
Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?
Please take a look at the price not by its color. It doesn't mean that the market is green you are already had to gain profit, but to check if the price is higher than the price you bought your Bitcoin. That is exactly how it works. Cause I'd find out that you miss the price when to sell your coins.
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The first and second halving of bitcoin we experienced a good result but after a several months happen so I guess let say after a year, not on exact date happen on the next halving. To be honest, no one knows what will happen in that event of the next halving. If the first and second was successfully pumped up the price of bitcoin, so, there is a possibility that it will raise up again on this third time. Just let's wait and be ready the possible happen. Accumulate for now and invest that you can afford to risk.
It takes several months before we see its either a positive or negative impact but the previous halving are sees to good, making this new coming halving will also help to increase the support level. Not sure if it will drive for the bullish market but all just having hope that it changes the price direction. Nothing more I want.
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Definitely, we know already how planning seems to have a big role in trading. Quite that simple to think of having plan but I'm not sure if it was executed well. We have only 2 possible results in trading either we win or lose, and to help increase our chances to win is to have a concrete plan in trading.
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Because people want to be cheated. Because people like to make easy money. There is no easy money in this market. An investment needs to be done for days. Making money is not simple. Bitcoin excites many people. I think we need to calm down. You should be smarter when investing.
We can't simply twist their mind cause that is the way they look about crypto investment but unlikely, they suffer such losses by then in the end. No one can be a scammer if nobody would let it happen. But the sad thing is that still a lot of individuals are letting it happen making a way that scamming won't stop.
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I'll have to find it if I will win my bets before January 1...I could say that I was lucky enough. But if it all will lose, feel bad to it. May talking about LUCK, it never comes if we want it, only it comes to us momentarily which you even don't know until such time that you've noticed it while playing. And many say that either its new year or not, gambling life seems nothing to be special and also our winning chances.
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Then, try to ask yourselves if you are willing to risk this kind of investment. Of course, I answer yes because that is how to look into the market by now. The question is, have we look the same with? Maybe not or maybe yes. As a tip: Think it wisely and do what you ever think that is right so you can't blame others.
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Actually, I am familiar with Latokens but not the others. https://www.coingecko.com/en/coins/latoken Looking at this it looks like Latoken is performing good as well, not pretty bad if we are investing with this. It is been having their IEO since last 2017 and quite to think that they are gaining positive response from the community.
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If an altcoins gets delisted on a particular exchange, there are still some exchanges where it could be traded, particularly if it gas been listed on others. Different exchanges have their different rules and they differ. However, it is always good to keep yourself updated on whichever altcoins you have invested in.
If that certain altcoin is delisted from any exchanger, its something we could think that the others will follow then. This is common to altcoins that don't have a market value/volume. It won't make sense if exchanges will keep on holding which they don't get any investors to buy with. They have no choice but to give space for another coin.
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