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Certainly, it affects the market. Since it is humans only who trade , their thinking, emotions and logic always affect the movement in the market.
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Yes, this is in news and government has started taking steps to prevent this. There is merger of banks planned in coming days.
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I think the uncertainty in market is the main cause behind decreasing prices. new investors are in panic and have less patience.
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Of course I spend my bitcoins. There are some online services which I buy only with bitcoins because the seller allows only in that option.
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The whole global economy is based on mining and burning energy resources that have been stored within the earth for millions of years. Bitcoin is based on the one reliable thing in life: greed. It is foolish to expect people not taking the shortest (-sighted) route to monetary wealth. That is why I am suspicious about crypto energy projects.
Still we have to look for a balance. We cannot stop all the economic activities as now we are competing with the rest of the world. |
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This thread is very useful as it has different ways you can promote your website on and offline. I will use them all for new projects.
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Use an eBook to promote your website. A well put together ebook on your topic that links back to your website can become a powerful promoter of your site when used correctly.
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Keep analyzing the volume and source of your website traffic. This is something should be offered by the host of your website, and it’s an essential technique that should be used by everyone that has a business on the Internet.
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Remembering what may be difficult for your customers and prospects online to read or to look at will help you to do the things that are best for them, for you, and for your business.
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Everyone is holding and saying prices will go up again what can make prices go up again ? I do believe it will go up but not like last December unless something comes in and changes the market so what do you think it could be ?
I think that in order for prices to go back to $20000, we need a number of positive news. With the current pace, it can take 8-10 months to do so. |
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I am sad to hear about your loss but this can happen to anyone. All you can do now is to wait for the prices to recover.
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BTC is back ? is that good time to invest ? or still wait for few days ?
Yes, you should invest some money before the prices reach back to $20000. It can happen just in one month so you do not have much time to think. |
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The best approach is to use your surplus money in crypto or forex and then increase the investment with the profit. If you ignore this fact and spend all your savings in trading, it can have fatal consequences.
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This is a new field and you will find most of the learning sources online. One of my friends is working as a security researcher for a leading crypto exchange.
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I am really happy to hear this, it will set a good example for people cheating on the name of crypto. We need more strict actions such people fooling new investors.
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Do not get affected by all this negative news without any bases. These are some people who are jealous of bitcoins as they could not make any profit with it.
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You cannot stop new investors from joining and they will also panic sell. I would have been happier if everyone did proper research before investing.
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I think that for the rest of the year, bitcoin will keep moving in the range of $10000-$20000. If it manages to cross $20000 level, it will shoot to $30000 in next 20-30 days only.
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Some of my clients like to pay in crypto and thus I have to take crypto payments from them. I am leaving that money invested as others are paying through PayPal in cash.
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