So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
My friend was advising me to buy a lot of them at the price of $6,100 around last two weeks or so and I’m still thinking about that, may be I am really going to go for that cause it seems like the lowest the price of BTC will ever go this year is $6000+ or maybe $5000+ and if you buy at such rate and let’s assume that before December the price of Bitcoin will get to $10,000 plus then it’s a huge profit. You should have listened to your friend, many are expecting that the price of bitcoin could go lower but the truth is that is not going to happen so all of those people waiting are just wasting time, luckily for us the price is going to remain at these levels for a long time so you can save all your money and invest in bitcoin, after that the only thing left is to hold your coins and wait for the day when the market begins to recover. |
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What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
I think if i am planning to hold my bitcoin for long term, i am prefer store my bitcoin in hardwallet. Hardwallet more secure because its not connected with internet. But i think in any wallet, as long we keep our private key, i think its safe to store our coin Hardware wallets are definitely safer and while I consider that hardware wallets are very cheap you must understand that many people in the forum do not have enough bitcoin to afford one of those, so a good option for those people that cannot afford a wallet like that is to create a paper wallet, those wallets do not cost you anything and are very secure as well. |
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I do not understand how bitcoin could improve an economy: bitcoin is a measure of value, has no value in itself.
If an economy is poor in dollars, it will also be using bitcoins.
The difference is that you can not make fun of citizens by printing paper money.
The fact that you cannot print bitcoin at will is going to be enough to improve the economy, if you wonder why every time that you go to the supermarket everything seems to be slightly more expensive is because governments cannot stop printing fiat, so in an economy dominated by bitcoin we will have the opposite effect, the value of most things will get cheaper with time. |
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It is difficult to earn a large amount of ETH because the market is in a difficult period and decline, and if we try to lose a lot, keep the capital by holding it now. the best
Trying to earn that amount of money right now is going to take a lot of time, however if you already have the money necessary to buy that amount of coins then this is the perfect moment to do it because ETH is not going to be this cheap for long and once its price recovers you could easily earn five times your investment in just a few years, if that is not the easiest and most profitable way to invest your money I do not know what it is. |
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We all believe in the future of bitcoin,so there's no need to read such articles.
This guy is kinda wrong about eth.Blaming ethereum for all the scammy ICOs is a completely wrong logic.
It's like blaming BTC for all the BTC scams online and for all the criminals,who are using it for payments.
All the scammy ICOs won`t stop the ethereum price to go up,the ethereum whales will stop the ETH growth.
The future of bitcoin is not up the discussion, the market is going to recover the only problem is that we do not know when that is going to happen, this is why many people prefer to hold their coins that way you eliminate that variable and the only thing that you need to do is to hold your coins for long enough in order to see the market recovering so you can obtain profits. |
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2019 will definitely be the start of crypto's mass adoption, though much more still needs to be done for the two worlds — traditional banking and crypto — to coexist frictionlessly. There are important questions that need to be answered. For example, should banks create coins of their own in order to compete with already established cryptocurrencies?
They are going to do it if they feel like they can benefit out of it, the problem is that banks are centralized institutions and if they do that they risk that governments get mad at them by creating their own coins and that they go after them, the reason bitcoin works is because Satoshi Nakamoto knew from the beginning that he could be persecuted and that is why he hid his identity. |
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for what to do that???
if i can trade bitcoin then I don't think of buy or trading altcoin because bitcoin will be safer and more profitable for me.
In the difficult conditions in which we find ourselves bitcoin is more profitable, but once the price begins to recover you will see that altcoins will grow faster than bitcoin, and it is not difficult to know why, the market cap of bitcoin is very high so it is more difficult to make it grow if we compare it to the market cap of an altcoin, so when the market begins to recover it makes sense to exchange your bitcoin for altcoins. |
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This year has been a terrible year for us hodlers and many of us have not survived this long bear market which continues to bleed the wealth out of all of us who made money in 2017. I think really now it isn't a time JUST to hold, but we need to learn to trade as well because we will only see all our wealth gone over the next few months of capitulation and carnage. We are not going to get any better over the coming months so if the only way to preserve what we have left is to trade, then that's the best way to grow our bags again. I won't give up on holding though because I believe in crypto but I agree, that just holding isn't enough in a bear market.
It is true that this year has been terrible for holders but it is not like traders have been doing that much better, how can they get profits out of this market when it moves in such an unpredictable way and it has a very strong tendency to go down? So even if you think that you have done terribly as you are holding your coins remember that traders probably did way worse than you. |
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Have faith. I believe that the market will still recover. Maybe this year or next year. So all we need to do now is wait until that time will come.
It is not a matter of faith, it is a matter of time, if you look at how the market has behaved in the past you will see that a recovery after a crash takes a lot of time to happen but it will happen so the only question is if you are willing to wait the necessary time to see the recovery? And since many people have sold their bitcoin already then they have already answered that question, it is up to us to decide how do we want to answer that question. |
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On the Internet, a lot of useful information that is easy to find. To be a professional trader the main thing is to have money and feel the market.
The problem with learning from the Internet is that while it is full of useful information is also full of useless information that is not only not going to make you money but that is going to make you lose money, so it is better at least at first to learn from a good book about trading, that way you know that you are dealing with reasonably good information. |
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It may not go up on 2019 I don’t really care I’m hodling until 2022 all my coins will be sold on August of 2022 either I make a lot of money or none I don’t really get out off by the red market now or the green berfore 2022 I’m holding and filling up bags
This is the same kind of thinking that I got, either I'm going to make a lot of money in this market or I'm going to lose everything that I invested in it, I'm not here to make some moderate profits I'm going to hold my coins no matter what and see what happens, I'm really sure that I took the right decisions now the only thing that I can do is to wait and see if I'm proven right. |
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So i was thinking to test if technical analysis and trading strategies could be profitable with crypto. I would of course test everything with "virtual funds" first then move on to the real markets.
My question is where do i find the most trustable and high quality resources to teach myself? Are there any free or payed courses online? Maybe youtube channels or blogs that specialize in crypto trading?
There is no any kind of need to specialize in crypto trading in fact there is not such a thing, just learn technical analysis from any book that was written by a reputable source and make sure to read and understand every single aspect of that book before you begin to trade, if you do that then you will have a chance to make profits in this market. |
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As what i have seen on the coinmarketcap.com for the market price for bitcoin that literally goes down to 6K usd is a good time to start the investment. I am waiting for this moment but still i need more money to invest on it. Well i hope i could get more money the following day so that i could invest in this time where bitcoin market price falls down.
Investing in bitcoin when the price's low's an appropriate initial strategy and this situation's very good for anyone. If you already have the intention to buy it, I think you no longer need to think or hope, to have more money, the important thing is to make a purchase, right now! Adjust to the finances that you have prepared. I am a little bit jealous of the people that can buy now, many of the people that bought at the end of the last year lost money by buying when the price was so high, but now even the most ignorant of newbies can buy at a price that is going to be very difficult to beat in the next years, so anyone buying right now is making such a good move that is difficult to believe that is going to be so easy to make money for them. |
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There will be never a global regulation in regard to bitcoin or other crypto currencies. Declaring bitcoin transactions as illegal does not play much a role if you consider that it is basically an anonymous and decentralized system.
Only two countries aknowledged bitcoin as public currency confirms that it will take another thousand years until probably half of the countries in the world will aknowledge it as well. And that is good, because as long as it is not accepted as a public currency, you do not have to follow the laws that regulate and tax money.
You never know, it is entirely possible that in the future governments are going to feel so threatened by cryptocurrencies and especially by bitcoin that they will pass laws in order to ban it, but as long as there is one single country that allows the transaction of cryptocurrencies then everything is going to be fine, and those that are whales could even move there and use their bitcoin without problems. |
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I never felt addicted to trading in this market. I do not like to look at the chart for too long and only earn a few dollars. That's not my hobby.
I just like to sort out and find out the good altcoins, then I will buy and hold in long term from 1 -2 years.
Besides it cannot be classified as an addiction, an addiction is something that you need to do in a compulsive way, to have a physical necessity to do it and to be detrimental to your well being, and if you are earning money in this market then it does not matter how much time and effort you spend in this market that does not qualify as an addiction. |
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yes you are right for a weak hand that will make them experience a lot of losses because they have sold their assets at a very cheap price and it will make him feel sorry for the mistakes they have made.
we need to act like strong hand do, without it we just played by whales and larger speculator in market.better to trainee our mental and psyhology before investing in crypto market. That will be the right thing to do, many people enter in this market without really knowing what they are going to face, they do not understand that the market of cryptocurrencies is many times more volatile than the market of stocks or forex and when they feel the volatility first hand and see how much money they can lose just in matter of hours they sell their coins since they did not knew this was the way this market moves. |
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Experts have this kind of strategy in "Buying the Dips":
When the price is down, buy in an increasing manner. In this way, you'll be able to buy in average down price. Then, wait until the price is high enough for a profit. Long term investment would be a better strategy.
This is a good strategy to employ if you are a short term or even a middle term trader, however many people lack the patience to trade in this way not understanding that a good trader needs to wait for the right opportunity to strike, you may miss some other opportunities that are profitable by expecting for the perfect opportunity but at the same time the possibilities of losing will be very low. |
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I am not panic seller and don't like selling my valuable bitcoin at cheap rate. I like to buy at cheap rate rather than sale. I don't like any point where people will be panic.
We do know that people panic sell, but it is a good thing that you have mastered yourself to the point that you are not going to fall victim of this, it may seem to not be logical but it is precisely when the price is this low when you must buy, however most people see the opposite, they see the low price and they can only think of one thing and that is selling their coins. |
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You guys probably didn't do enough research before investing in Bitcoin.
Investors are constantly warned Never to Invest What They Can't Afford to Lose and never to take unnecessary risks. Profits is not guaranteed in Bitcoin just as in most investments.
Better he (and others in similar situations) to day trade with the coins. You can recover you coins back and make some profits if you know what you are doing.
People do that all the time, how many times people do something just because they feel like it without having all the data available to know if what they want to do is a good idea, so this is nothing new and people like that are destined to lose their money to people like us that know very well why we are in this market in the first place, I would like to be sorry for them but I am not. |
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that's very difficult in my opinion. because bitcoin just at the beginning of the year at the pump took several years to pump it up. I predict in 2020 when there is halving bitcoin
We can be sure of this thing that the market value of bitcoin will rise higher by the end of this year but I don’t think so that it will be possible for bitcoin to have this much market value in just 4 months. The market value of bitcoin will rise higher because of the increase in demand of the bitcoin in the international market but still, we have to wait for some more time to see the market value reaching this value. I think anything can happen, did you forget that last year the price could have increased several times in just a short time? especially for 4 months? of course it's including a long time, everything might happen if the pump time comes, rest assured that it happened, and don't forget to holding  But one of the first things that you will learn when it comes to investing or trading is that you cannot use the past to try to predict the future, the price of bitcoin is going to grow in the future because its technology keeps improving so that is a given, but to think we are going to see a repetition of what happened in the last year it is simply not going to happen. |
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