with current market conditions this is the best time if you want to buy bitcoin, the price of bitcoin is currently very low and if you buy now you will have the opportunity to get a lot of profit because the price of bitcoin will definitely rise again
I believe in your strategy as well, you should not be scared when the market prices is dropping because it only gives people the opportunity to invest a huge amount.
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Doug Polk has created a really funny video about bitcoin and why crashing isn't so bad. Have you guys seen this, what do you think about the videos? Doug's video: https://www.youtube.com/watch?v=KnuuZV_JlPs Think on the bright side guys, as bitcoin drops the less hackers will make if they hack our account The only good thing for the price of bitcoins when it was dumping is that you can take advantage of the current situation in order to invest more coins and earn more profit when the market prices pump up again.
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I have seen that most people investing now in BTC are afraid of loosing some amount of money when the price declines. I have monitored so many post and I have seen that in their post that's they mean but they wont voice it out because they know people might condemn them. I have sat down and realise that no matter how BTC decreases in price I have nothing to loose and I don't care about it because for the past months I joined this forum have seen much teachings and education from the crypto enthusiast. I now know BTC can do miracles just in a second or twinkle of an eye ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . What do you think guys? Do you agree with me? Your comments and suggestions are welcomed. This is what the investors must put in mind,that theres no losing if you will continue to hold the coins because only the value drops but not the volume so in time when the price recovers the value will grow to and ewrning is in our ways.so i don't care too if btc drops price Yes you are right, holding your coin is the best thing to do when the market price is dropping to hard and you do not need to be very intelligent about the market price or statistics, having patience is already enough to become very wealthy in this industry.
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that is a natural thing, who doesn't complain when the market goes down? in my opinion every human being will complain when his feelings are chaotic, no exception for me.
Yes it was natural to complain when the market price is dropping but it was not natural to sell your coins if the market price is dropping because you are trading based on your emotions.
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bitcoin will always be the dominant choice of many investors, both long-term and short-term, because the advantage in bitcoin is very tempting that many people will be the people to stay in bitcoin.
Actually, even though the market price of bitcoins today is not dominating because it was low, you can still take advantage of the current situation and invest a huge amount in order to earn more profit before the year ends.
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yes you are right for now it seems that the condition of the bitcoin price will be back bearish and will touch the most basic price may touch the price of $5000.
Even though the market price of bitcoins will reach $5k dollars, it will still grow even more in the future due to the volatility of the market so keep on holding your coins today.
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which is a problem if bitcoin is used up then the miners will play their fees as they wish, and the fee may not go down if there is no solution, maybe people will actually move to the altcoin because bitcoin makes no sense in it. bitcoin can still live, how to turn it on is by using bitcoin as a payment method in every purchase of any item. And remember, at that time the price of bitcoin will scratch the sky, this is because of the scarcity of supply.
You have a point that people might switch to altcoins in the future and ethereum might be pumping so hard at that time but there is also a chance that the price of bitcoins will grow even more due to shortage.
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"The patient dog eat the fastest bone" Holding is required if you want to makes money in this market and you have to hold for long-term in other for you to makes money from the market. I don't think we are going to have bad time in future if we can buy some of the cryptocurrencies now and hold for the next five years.
The reason why bitcoins is very profitable is because of the volatility of the market, that is also the reason why people are saying that cryptocurrency is good for long term investment.
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All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
investments need time to make profit so if they're afraid of losing your money they shouldn't invest in the first place. The market requires risk taking and patience so people who don't have either of them can't earn anything from it. Yes i do agree on that, investments takes time before to grow unless you are a daily trader and you are planning to earn cryptocurrency to use in your daily needs or for living. Trade always with the Bitcoin but is complex situations like the current situations are making it little bit difficult due to we are working slowly. It requires focus and patience for that we should wait for some more time till high market so hold your coins as the market is red. If you do not have coins now then start buying Bitcoin at the current stage but do not proceed for Ethereum or Litecoin now because they are on decrease trends so wait for them. Cryptocurrency is not complicated those newbie traders are the people who are making the market price to dump because they tend to trade based on their emotions and they sell their coins every time the market price is dropping.
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It is a crucial and exciting year for AML BitCoin news regarding new patents for BIOMETRICS & IDENTIFIERS on a Blockchain. This is the year where this great crypto was born and is here to stay, nothing will stop it.
Expectations are high in long term investment like Bitcoin or may be Ethereum but one thing we should solve is our mistake that has been stopping the price not to go higher and we get downfall again after a little increase. Crucial situations like such situations going on in the market make your experience and you will come to know that your strategy is only to look for benefit that is to make a large collection of coins. Yes you are right, you will gain more experience as you study the market or by trading and in that way you can make your own strategy to avoid doing mistakes in the future.
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Today price is best example of market confidence in BTC. In 24h bitcoin dipped and went back with the price, nothing really happened, except it take over 54% of market cap and slaughter all altcoins!
Yes that was a very good strategy, taking advantage of the current situation in the market by investing a huge amount is the best thing to do to earn more profit before the market price pump up again.
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it looks like you will be right because now bitcoin has reached below $ 6k and I hope it doesn't fall below $ 5k. maybe this will come back soon and everyone hopes to recover soon
It already decrease to $5k dollars before but it grow up again to immediately back to $6k which means that there are a lot of people who are just waiting for the price to drop so hard before investing a huge amount again.
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It looks like we are going to see their bearish trend up to the end of the year and there's no enough push from the investors and speculators to say that we are out of the woods. On the contrary, the ETF news put bitcoin on another price decline. The postponement made the price plummet again so it looks like we really need to brace ourselves and expect no drastic price movement up to the end of the year.
It's obviously a bearish 2018, we can expect this since the previous year is totally a hyped, t just seems to long before it recovers or it doesn't even do on being in bear movements. The market is bearish right now but just keep on holding your coins because it will still recover soon just like what happened last year in december when bitcoins reached $19k dollars.
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I think bitcoin could well reach $2,000 - $3,000 if this $6,000 support get's broken. If you would sell now chances are high you could buy back and thus double your btc holding.
This is not financial advice, just a thought.
And this is not a good year for crypto I believe. Late 2019 we'll see some action.
I think for the current price, it's already late to sell. I suggest to hold and be patient to wait for the bounce back and if you want to cut your losses then buy more coins while it's at lower price. Never sell at this stage if you want not to loss much money. Selling now can make us regret in the future, why not try to hold more and be patient, cryptocurrency still has a room in the future so better not look in the price in the mean and go on in life. I believe that selling your coins today will make you regret in the future because there are a lot of people and cryptocurrency experts who are expecting for the price of bitcoins to reach $50k dollars before the year ends so keep on holding your coins.
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Okay, the fact that you lost over 100 grand doesn't mean that cryptocurrencies are over. If you started investing in 2017 then you probably didn't chech what happened with Bitcoin previously when it went to $1000 for the first time. We've seen already even bigger corrections then the current one so there is no need to panic and sell everything.
Yes you are right, the market price is volatile and you really need to have a good amount of patience in order to earn more profit since prices are depending on supply and demand of the market.
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You expect a price of 50k for bitcoin, I think you will need a very long time to be patient. The market is very falling and from users who sell and make the market increasingly fall. I believe the market can improve but it will take a very long time.
Most of the cryptocurrency analyst are expecting for the price of bitcoins to reach $50k dollars before the year ends and we should be waiting for that price to come out before selling our coins, so keep on holding today and be patient.
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Bitcoin crashing is a major scenario that has scared even top crypto currency investors and traders while that is going on countries like USA, India keep fueling the situation ignoring the bad effect on investors and the beneficial side of Bitcoin and this won't do any good for Bitcoin holders
In my own opinion, there is also a good side when bitcoins is dropping because in this way you can invest a huge amount while the prices are dropping and earn more profit when the market goes back to normal, buying and selling at the right time will make you wealthy immediately.
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I have been observing a trend from last year bitcoin price movements to this year movement. I have observed how we're getting so much positive news and adoption about bitcoin this year, but still the prices refuse to go up. If this was last year a single positive news will have pumps the prices by at least 10% or more. Its that positive news don't longer have any effect on the price movement or is their any manipulation going on.
The speculations created by cryptocurrency analyst can affect the market price to pump or dump the value's depending on what kind of speculation they created.
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Bitcoin increase has not been significant and impressed stagnant and continue to fall. But i believe bitcoin will be adapted into current world finance in the near future.already bitcoin is raising more then 4% the last time i checked.
actually with a moment like this I have a chance to buy bitcoin at a relatively cheap price compared at the end of last year. and the market needs time to recover and grow back consistently You can invest a huge amount right now while the market prices are still dropping but still no one really know's when the price of cryptocurrency is pumping up again so the best thing to do is just keep on holding your coins.
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yes you are right bitcoin is currently falling and tends to go down so it is more likely to hold a holding until the price at the exchange place restores the price.
You can always take advantage of the market while the prices are falling because in this way you can invest more coin at its cheapest price which will make you earn more profit when the prices goes back to normal.
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