Cryptocurrencies are highly volatile, and there's no way we can make the price of bitcoin stable, unless nobody recognizes and USES it, then the price of bitcoin is zero, but that's simply not possible.
Stability is something that can only happen with a controlled market like fiat and even at that, when you are trading fiat to fiat pair, they are never stable. As long as you see 1 bitcoin to be equivalent to 1 bitcoin, then that as far as I am concerned is stability on its own since there is a limited supply anyway, but if we want to start pairing with fiat or other market, apparently, anyone should know that market will always move against each other, as long as they are not valued the same way and they will equally want to each show strength or weakness at some point against each other. So, in that case, when someone is asking for stability, I guess they are asking for something they obviously cannot get. |
|
|
|
This space us filled with speculations. People are only judging based in what happened ast year, there's ni certainty tygay it will repeat. Last year's bull run was really nice, but may not happen this year.
no one knows for sure. Market habits at the end of the year make hope for all traders. do not be too hopeful, so you are not frustrated if in December it does not meet expectations. for sure you have to hold it for a long time Yes I agree on that, no one can really tell the exact time about the bullrun. Market volume and price is unpredictable because it is not depending on the government or maybe group of people, or institution , so then I strongly agree that the bitcoin bull run is really unpredictable. But I think there is really a chance to rise the worst is we don't know when?. Not knowing when is not the worst, the worst that can ever happen to anyone is to have missed the bottom in the long run and then end up joining FOMO which I believe after all has been said and done on this forum, we will still see topics coming up with how i missed the bottom and asking if they should buy now. No one knows when there would be a bull run or if the likelihood of a bull run happening this December is possible, but whenever it comes, what is important is to just simply take advantage of now and build on what you can for the future. |
|
|
|
The bitcoin dominant and price haven't or have not yet as bullish as last year and soon it might be the case.
I'm positive and an optimistic human being who intentionally thinking about a small increase as a sign.
Don't look at me as your typical investor who only believes in bitcoin in its time when having a good performance, I do trust it the whole year round.
[siz e=20pt]So buckle up guys and deeply breath, Santa bitcoiners is coming to town.[/size]
I think that is only because people are not spending as much as they do during summers. I think on winters people stay at home, go to work, watch movies and what not. Normally on summers or at least when the weather is great people go out, they go to cafes, go to vacations, go to places to meet with friends and even when watching a movie they go to cinemas. During winters people just stay at home, which means less money spent. Hence Christmas and the bonus people are getting usually goes to investment and savings accounts. When they get into bitcoin those money start to pour into bitcoin and crypto. |
|
|
|
Book for trading i think it is already on some book store, and you can try learn trading on youtube. But still, it will hard without practice, so when you practice make sure you use a little amount of money first to get experience,then you increase your capital to make sure if your mental already prepared for that.
You do not even need to start going to stores to start buying books on trading as there are so many resources online where strategies on how to trade, the knowledge of some of the indicators for most day traders and how you can use them to make decisions and then some other ways you can manage risks as the case may be. The only thing here is that a lot of people are always too lazy to access it and they just prefer the rushing in strategy instead, and the last time I checked, if you rush into something without learning and practicing pretty well, the possibility of rushing out the same way is certain. |
|
|
|
|
Definitely not, ABSOLUTELY NO. I advise not to do that at all, that would be horrible.
You need to understand that there is a reason why its called trollbox, people there write stuff they just want to happen and their wishes.
If they are saying "hey buy xcoin because xcoin is going great and will explode soon" know that it doesn't mean that xcoin is going up or will go up, it means that same person bought xcoin and has lost money or not made money and wants everyone else to buy that coin so he can profit and leave.
Trollbox is filled with trolls for a reason, do not do any moves according to trolls there, you will be sad.
|
|
|
|
|
Great idea, I have been playing a lot this summer so it was time for me to stop gambling as well but it is getting harder. The new nba 2k game came out so I have been spending more time playing nba 2k rather than gamble (not like that is not gambling neither, myteam card opening is a total gamble) yet since the new NBA season is starting I feel like I may want to gamble a bit and bet on sports teams and see how I can do. Not that gambling isn't fun it is great fun but also knowing that I know who wins is also a great feeling and makes me feel like I understand about basketball very well.
|
|
|
|
That is one more country that will accept bitcoin and crypto as a real payment and regulate it. The more this gets attention the more countries will follow, success of regulating bitcoin and taxing it will make other countries to do the same thing. If countries do taxes on crypto they will make a lot of money from a new source of income from taxes and they will like it of course because they are getting paid. While we have to pay taxes we will also get the freedom to do whatever we want with crypto without being afraid of what would happen if we do exchange coins because uncertainty of some countries makes harder to trade. |
|
|
|
|
It will be too late for any of you, none of us will ever know what the price will do if it gets accepted because the price will be affected way before the acceptance and we will know even before the results comes to us.
When we read the news that it is accepted the price would have probably already skyrocketed. People with insider info will buy as much as they can afford and let other friends know afterwards, they will buy and let others know, with that going about when it reaches to us it will be way too late to do anything about it. Do no expect a sudden change whenever it is accepted because you will not profit from it, whales will.
|
|
|
|
No need for a crypto bank. you can have a crypto bank account but so what? No merchants in your cities accepting cryptos? I would rather be my own banker than to let someone with a full control of my funds. No private keys, no coins.
And oh, what if the bank fails, no money for you anymore
 I can imagine. This is just a useless attempt to want to be in control of everything and I do not see the essence of the whole crypto bank thing. Sure, it is a good attempt to at least create some awareness and some support for cryptocurrency at large and this is one thing I see most countries trying to do anyway. So, in that case, trying to bridge the gap between traditional banking and the new world of crypto by building a crypto bank sounds absurd to me. I can be my own bank, why will I ever want to allow a third party to bank me. Apparently, it would just be like a normal centralized exchange and nothing else. |
|
|
|
I think we don't need to worry about the market decline, and if we can be calm then we can face this decline without fear, because even if it falls but in the future it will be able to rise again.
Decline is not the problem; it is people's attitude to the decline that is the main issue. When a market is in a downtrend, it is a normal thing for any market, but the fact that a lot of people not to understand how to make important market decisions, then, they always see an uptrend and moon days ahead while joining FOMO and then see the downtrend as an issue rather than remaining calm and taking good advantage of it. Whichever way, the same way uptrends cannot be forever, downtrends cannot always be forever as well, which is why anyone should not always see it as an issue. |
|
|
|
I think the price of bitcoin can reach a maximum price with a price value that will be very difficult for you to imagine, the price can reach more than you mentioned and that could happen if the total supply of bitcoin is up and can not be mining anymore the price can be very expensive.
However the price wants to reach, at this point I really do not care. Just like some have said, the best thing we should all be hoping for the more now is to see maximum usage of bitcoin as a currency and being accepted and adopted globally as this is when you will get to see a huge value in the long run, and for cases like this, you will always be happy you ended up being a part of the early adopters. If price remains speculative in nature and all we are clamoring on is the increase in price, it usually does not get sustainable in the long run, which an implication of it is what we are having at the moment. |
|
|
|
Firstly you should be have monthly target profit and then you will know how many percentace of take profit per trade. Montly target profit is very important to decide, this is to avoid greedy, and when reach the monthly target profit its better half of the that profit withdraw to the fiat and half again use for compound strategy. There are always any risk in trading, because not all trade will be making profit so to avoid and to minimize the risk we should use stop loss on every trade.
Having monthly target profit is one thing you cannot really guarantee when it comes to trading, although for day traders sometimes, this is something that may be applicable since they trade the daily fluctuations and noises in the market and they tend to always want to look at certain percentage they can consistently make daily to increase their holding. Well, everyone will always have their own approach to things, but whichever way, profits from trading are there for you to increase your stash, and even if you pay yourself some out of it, the rest should be put back into trading to keep increasing the amount of funds you have to trade just like anyone would do in real life businesses. |
|
|
|
|
It is not that much gains compared it was like this just couple weeks ago. Prices of ripple and such went up so high that crypto market was moved just because of it and everything else followed, it just fell down again and than today happened. Like I said this kinds of swings happen all the time and it is not a wonder if it goes beyond $7k levels again but don't be surprised if it stays there for a while and fall down to $6k levels once again, and than go back up and circle happens. This is what bitcoin is about for now, anything between $5.8k and $7.2k levels is just stable and known, it is important to break that.
|
|
|
|
And even if it does, bitcoin might never go back to 20k$,let alone 100,000$ and I million. Because the global economy won't be able to survive a currency that is so volatile,and is widely spent, other currencies or even economies might collapse to it.
Bitcoin won't remain volatile for ever if it actually becomes a widely used medium of exchange and store of value. I can totally see a point at which Bitcoin will end up following gold in terms if stability. I don't think we'll ever be able to expect anything more than that. Bitcoin currently is too speculative, too small, too thinly supported with liquidity, and so forth. All factors contributing to insane levels of volatility. Once all these factors are dealt with, which might take 5-10 years, we'll be looking at a whole different asset. Some people might not think Bitcoin is capable of reaching that state, but that's their problem. It requires an open mind to allow potential scenarios to develop. Saying no to everything is a guaranteed way to not book any progress in life. Sure, a time will come with wide usage in which we might get to see some good level of equilibrium. Although, it is not like it is going to totally halt the volatility, but at least it will be reduced to a very good point with wide level of usage, but before then, I am sure the price would have skyrocketed to a huge level and things would have turned out to be different than it is now. Moreover, some people may want to look at the future, like you said, it is their problem but as far as some of us are concerned, the future is a lot worthy to wait and be patient for. |
|
|
|
|
Most veterans here do not get excited every single time bitcoin does a movement. It did not mean bitcoin was going to $20k when it reached from $6k to $6.6k or similar (obviously hindsight is 20/20) and it also does not mean its going to $3k when it just dropped 200 dollars.
The type of hyped up people get is insane whenever bitcoin does something smaller and everyone overreacts and suddenly either bitcoin goes to like $25k and we see posts like "woo bitcoin is a million dollars soon" or like whenever it drops people like "will bitcoin reach zero!" just chill man, there is no need to overreact just because it moved a tiny bit.
|
|
|
|
Hi I want to ask how can I predict the Dump and Pump of the price of the market? How can I earn with the Pump of the price aside from hodling, trading, joining some bounty and how can I also earn with the Dump price in the market?
You can only predict the dump and pump price of the market through two ways i.e the technical and the fundamental analysis. Technical analysis is statistical pattern way of predicting the market price and it consist reading the chart or candlestick. While fundamental analysis is the way of predicting the market future price base on the factors that may affect the market e.g FUD. Meanwhile, you earn from the dump market by buying dip while you set a market price alert to your phone or email but if the market still dump swap your holding for USDT or DAI. I agree with you, your strategy sounds good and I am going to give it a try. Yes that is the closest prediction when in comes of strategy and analyzing situation, but the real deal is the movement of crypto market is more complicated than we expected. Just for example, the last quarter of the year 2017 is quite unexpected because of the 6 years passed is quite low and too cold. But this year is going back to the old ways, all the prediction become wasted even if you use the technical and fundamental analysis. Wondering why, the more participant the market will be... the more complication that may encounter for sure.. specially those f#cking crypto whale. I agree with what you said about the crypto market been complicate this year but when the market is like you can still predict and get 80% result if you follow the market before selecting the suited analysis. Meanwhile, fundamental analysis is the best analysis for this kind market buddy. Follow fundamental analysis all through and you had be surprised at some of the chances you will miss and some of the mistakes you will make when it comes to entering a market position. It is always better when you at least combine the two, but trust me, unless maybe you are looking at investing long term and not simply doing any short term trading, it might work for you to use only fundamental, but you certainly do not want to try using only fundamental when it comes to short term. |
|
|
|
I have seen quite a number of topics here where people have been selling or asking for advice whether to sell their properties to invest them in bitcoin. Am surprised some people forget that crypto investment is not always a win affairs. You either lose or win. You can as well make profit in crypto with small capital if only you have the patience to hold and wait for the time when the market is booming. Do not be a greedy investor. Always invest with an amount you can afford to lose. Have a nice day.
"Profit" is when you make some gains basically make more money than you initially put. You do not need to make big investments to make profit but your profit will be based on your investment. So, if you put smaller amount than your profit will be small as well (most of the time) and if you put a big investment than your profit will be big as well. The importance here is to know the difference between % of profit doesn't matter if the gap between investment is too big. If you make 50% profit from a $100 investment that is 50 dollars, however if you do %1 from a million dollar investment than that is bigger than your %50 on 100 dollars. |
|
|
|
Its just a cycle what we see every 4 year. You guys better get used to it.
Well, it is still hard to tell yet if history will repeat itself again, but as it is; I would not be surprised to see it do so actually. For what it is worth, I believe that we might see the same thing over again considering how the market have been so far, and the extent to which bitcoin and the altcoins have gone. Truth be told, we can see some strong divergence for the altcoins by the way and if given the perfect condition, we may start seeing some good growth pretty soon. |
|
|
|
|
People are not investing on legal weed companies because they are making a lot of money, I think people are investing because there is a big high potential in the future of it.
Today it may not worth this much, maybe today it is overvalued a lot, however they believe that the first weed companies that are getting bigger each day can worth A LOT in the future, 10 years from now these companies will worth insane amounts and they are investing into that potential and not today's prices. I am not invested in them but if I ever did I would definitely invest for what it could be and not for what it is right now.
|
|
|
|
|
Show Posts
