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Owning bitcoin and Ethereum is enough for that move. You can add as many altcoins as you want.
But if you don't own that much bitcoin and you're too much a fan of altcoins, you should have think of it and restructure your portfolio through owning bitcoin first.
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0.002 BTC for the withdrawal fee? that's a lot. They are taking advantage of the market and a normal trader wouldn't choose that option if it's for the withdrawal. They're also taking a trading fees and then the withdrawal fee is also a different source for them.
It is not going to be a surprise if a few months from now if they won't change their fee matrix for the withdrawals, they'll be getting a huge reduction of traders.
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We will have a higher low if ever we're about to enter the bear market. But I'm not expecting that we'll see it right away. If it has to go below $20k, we should see it drop first as much as $25k. But with the last drop that we've seen, it's not like that.
Bitcoin's support is stronger at the price above $30k and unlikely to hit those prices that you've given OP.
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Avoid being too greedy and being too optimistic. It's not that bad to be optimistic but for newbies, having it too much gives them an idea that they can make tons of money overnight which leads them to invest in scam coins. They're gullible to believe whenever they meet people that are saying they can quadruple their money or more if they invest for that certain coin that's being advertised by someone that they've just met through crypto groups.
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By 2014 and up to the time that they've said that bitcoin is a fraud, maybe by those times, they're already having an entry. 2014 was still early for bitcoin to see its future but this time, it's entirely different from the past. Now, JP Morgan has sided up with bitcoin and be ready to hear such statements again from the new upcoming players. Don't get annoyed if they say almost exact and the same words as they did. That's always the sign of an entry or else, they don't really understand bitcoin.
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He's lucky indeed. He don't mind if bitcoin will still go up at the end of this year and for the next years to come. It's like the best money that he got freely for the entire year for which made him welcome this year with millions of dollars. He is unlucky on the other hand because he sold the 127BTC at a price around $33k
and its now correcting back up and at $35k and going higher sooner or later.
He's still lucky having that millions of dollar. I understand that he don't care if it rises to $40k again or $35k or any higher price. What matters to him is that he has the money ready and it's $4.2m which is enough for him to live well off for the rest of his life. |
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Hello Guys,
Sorry question might sound totally dumb but how would you buy BTT or Tron the cheapest ways without getting charged high fees?
You can buy through P2P deal. Buying from an individual directly without having the fees just like the exchange. The only fee you'll pay could be the escrow service if you're dealing with someone you don't know and agrees to take an escrow from the forum. Where would you keep BTT or TRON for long term 5-7 years?
On a hardware wallet like Ledger S/X. What do you think about BTT & TRON?
I don't have much to say about that coin but it's always getting the attention. Thanks to its founder, Justin. |
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Right mindsetting is easier said than done. You'll be blown up once you see the market going down and making entirely your portfolio into a bloody bath.
The #3 studying the market, it should also include you studying the news that lies within the market. They're making things worse and good depending to that news just like what we had recently from UK.
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That's fine to hear from a government body like them to say that for their people to avoid scams. But don't think that we're doomed, LOL. We're far from being doomed and as you see, just take a look within a range of a month how bitcoin was doing before and after. The statement from FCA could be the reason why we've been into a dip but this is just an opportunity for the others to buy. The weak hands have probably sold already and don't want to comeback because of it. But for experienced one, just take profit, rebuy at lows and hold again. The headlines are interesting but it's more interesting to read their contents, just like this. “The FCA is aware that some firms are offering investments in cryptoassets, or lending or investments linked to cryptoassets, that promise high returns,” the financial services regulator said.
“If consumers invest in these types of product, they should be prepared to lose all their money.” |
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Yeah, they're all in to the market and they wouldn't waste those sold coins in the market. And like those that I've read before, there were some of them that have been buying OTC to make sure that they've kept themselves unknown. Big money is in and as soon as bitcoin reaches the one trillion dollar market cap. I think there will be more from these institutions and those that are still lurking around just to make sure that their decision would fit their standards.
What you guys are thinking about corporations is actually something I fear not support. If companies have this much bitcoin, it means the money is at hands of just one place, which means if Grayscale wants to, they can destroy bitcoin today with one click of a button. It is going to take a while to sell them all, but can you imagine what would happen if graysacale decides to sell over half a million bitcoins? That would make the price go under 3k for sure, we haven't been under 3k for over 3-4 years now, but we would be under it for sure without a doubt when that much is sold. This is why I think it is going to be crucially important to make sure these companies can't sell all of them all at once by regulators, if they do that, it is going to cause a ton of people losing a lot of money, collectively billions of dollars will be gone, all because of one company. We can't do anything with it. It's like them that we're stopping an individual to freely purchase bitcoins although they're in the form a big corporation. Bitcoin is for everybody and these corporations and institutions have just joined because they see it that there's room for them in growth and development. Whether they decide to sell those bitcoins that they've sold, they're also free to do so and just like us, we're free to sell at anytime. There's not that much comparison from an institutions move to an individual an average joe who owns a bitcoin. The only thing is that they can buy a lot and they have a lot of money. |
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It's more than 24 hours have passed. Is your transaction still unconfirmed OP? you should have make it at least 30-40 sats for a faster confirmation time and that's not much of an increase for a fee. Btw if it is still pending you may try to accelerate your transaction through Viabtc. ( I tried it very long ago  ) I second this suggestion. I think with that fee, you should be able to use the accelerator just follow the steps below when you should accelerate it if it's not yet confirmed. |
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Learn the lesson and you don't have to think of it all of the time. What's done is done and if you've sold due to the panic during the early days before the bull run, make a decision that you'll hold for a longer time and you have a definite price to sell whether the market shakes or not, you'll wait until that day comes. You're still free to keep on saving bitcoin until you see that price that you have set. As long as you're still able to make some and buy some, hold it with confidence.
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2 If you don't have much knowledge about crypto market then you can go with top alts,but if you want to get maximum return then should go for new project which have some potential(but you should have strong fundamental analysis for this ).
I don't like this advice. For those people that don't have enough knowledge about cryptocurrencies, the best bet and choice is still bitcoin. That's a very common strategy that newbies should take before they indulge into altcoins and projects. This time, no need to be that technical because newbies will learn it in the process as they hold and study more about bitcoin and holding it. |
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Since btc have touch 42k and came back to 38 chances are there will alt Bull run and defi bull run?
Bitcoin dominance remains on 70% and that will be harder for YFI to touch that price if it keeps on increasing. That's what I'm thinking as well. It doesn't look like the price that op is asking would be hit by YFI. The attention of most investors are being put into Bitcoin and Ethereum and that's harder for you to analyze for such price you're asking. |
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It's different this time. Not that much attention from the institutions has ever been made than what we're seeing today. Yes, there's the possibility that there will be a crash but there are too many of them waiting for a small dip and then they'll buy all of those available bitcoins to be bought by them just to be brought up long term and with a higher price. He's correct about taking profits, if you've held since $3k, $4900 and we're @ $30k, $41k, those prices are profit if that satisfies you and you need the cash.
Whats different for sure this time is, even dumps of 1000 coins within 5 minutes drops the price only for 1-2k and very quick everything is getting bought up again. Whales really getting wrecked this time. Money is switching hands from very early adopter nerds and gamers to pro sharks and institutions. Yeah, they're all in to the market and they wouldn't waste those sold coins in the market. And like those that I've read before, there were some of them that have been buying OTC to make sure that they've kept themselves unknown. Big money is in and as soon as bitcoin reaches the one trillion dollar market cap. I think there will be more from these institutions and those that are still lurking around just to make sure that their decision would fit their standards. |
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IIRC, there's no way unless you remember it or try to prove the ownership through Coinbase's representative if they allow so. But too bad that they have tons of inquiries which is making each of those inquiry to be delayed. It's said on their website. We’re currently experiencing an increase in inquiries. There may be a delay in responses from Coinbase Support. We’re committed to doing better. We appreciate you bearing with us during this exciting time for the cryptoeconomy - we’ll reach out as soon as we review your case. |
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$100,000 is for this year IMO. FOMO + adoptions, we have it by this time and that's why we're exciting everyday to see the price goes into a new ATH.
I dont doubt the proficiency of the Bitcoin market but the $100,000 price predicted is not acceptable cause I think you somehow make the prediction footing the concurrently momentum surge in price of the market which could change anytime now that the Bitpay CEO advised people to sell their holding when they can. If we'll take what just bitcoin did since December up to the first week of January. The chance becomes higher. Nobody would expect that from the $4900 of 1st quarter of 2020 up to more than the ATH of bitcoin by the end of that year. Speaking of the whole year, we're just starting from the 1st week of this year and the 1st quarter is still far from ending. But, we're already $40k. Near to $50k which is the half of the $100k target. Bitpay CEO wants to buy those cheap coins once sold and then he'll hold it up to the price target of $100k or more than that price. You are correct, no one has the impression that the Bitcoin market will reach the $40,000 range this January because market January usually experience corrections which is the reason why we need to be more careful cause the reason behind the current market surge in price is the institutions and the high the price of the market this month the chance for it to experience dump/correction in the remaining quarter of this year. However, the market supposes to experience some correction before breaking its resistance level but the current market pump in another dimension. Having said that, the statement made by the Bitpay director could be right cause we're dealing with a volatile market and he may also plan to buy cheap. Every time bitcoin shows a newer ATH, it's correcting and I think those are the institutions that are filling their sell orders. We always expect that to happen when we're breaking the barrier for every higher price. We will always get to hear those opinions about selling but when you do, please make sure that you don't feel bad selling it and you're determined doing that. No regrets in selling in short. That's just basing on my experience. |
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Yes! We all witnessed a historical trillion market cap for crypto. It is a wild ride and it's still unbelievable to see this and I'm very much happy to see that we're all still here despite many times the market has been plunging and stressing because of the downfalls that it had showed. Bitcoin dominance decreases but it's price is still continuing. $50k is just the corner but I'm now targeting more than that price. We all want to see $100k very soon.
Bitcoin dominance is decreasing? According to whom? The last time I checked, the Bitcoin market dominance was measured at 68.7%, which makes it far ahead of any other altcoin. In fact the Bitcoin market share is almost two and half times that of all the altcoins combined. The next major target is $50,000 per coin, and I don't expect a correction before that. It has decreased somehow and as you've said it was on 68.7%. Because a few days ago it was 70%+ and now it's back to that percentage. Which means that the dominance is getting back again and increasing. If you don't think that a correction won't happen before that. We've been experiencing it whenever it crosses to a new ATH. From $40k and it dropped to $37k and then again, it's happening. We'll get to see more of the corrections for it to start crossing $50k soon. |
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$100,000 is for this year IMO. FOMO + adoptions, we have it by this time and that's why we're exciting everyday to see the price goes into a new ATH.
I dont doubt the proficiency of the Bitcoin market but the $100,000 price predicted is not acceptable cause I think you somehow make the prediction footing the concurrently momentum surge in price of the market which could change anytime now that the Bitpay CEO advised people to sell their holding when they can. If we'll take what just bitcoin did since December up to the first week of January. The chance becomes higher. Nobody would expect that from the $4900 of 1st quarter of 2020 up to more than the ATH of bitcoin by the end of that year. Speaking of the whole year, we're just starting from the 1st week of this year and the 1st quarter is still far from ending. But, we're already $40k. Near to $50k which is the half of the $100k target. Bitpay CEO wants to buy those cheap coins once sold and then he'll hold it up to the price target of $100k or more than that price. |
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It's different this time. Not that much attention from the institutions has ever been made than what we're seeing today. Yes, there's the possibility that there will be a crash but there are too many of them waiting for a small dip and then they'll buy all of those available bitcoins to be bought by them just to be brought up long term and with a higher price. He's correct about taking profits, if you've held since $3k, $4900 and we're @ $30k, $41k, those prices are profit if that satisfies you and you need the cash.
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