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There is no need to find a person to tell you when to buy or sell. The best alternative for you is start learning how to trade, there are many media for learning trading such as youtube, forums, trading sites e.t.c put your mind and learn wholeheartedly with time you will surely become a good trader without waiting for someone to tell you when to buy or sell
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Analysis on the candlestick pattern on the daily time frame looks like a pin bar is forming presently around $2393 there is possibility that the price will reverse and head upward having been on support let hope that in a couple of days to come the price will gain momentum and move northward.
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The thing is bitcoin is helping a lot people to get an extra source of income, there are a lot projects already supporting bitcoin, gamble is where the big money is, but you can provide any service you provided with fiat with bitcoins. Crypto has changed a lot lifes special to third world countries.
Honestly I agreed with you about cryptocurrencies changing lives in third world countries, earning bitcoin online via different means has been an additional source of income for instance in countries where monthly salary is less than $100, bitcoin earned in signature campaigns alone is enough to cater for other needs and financial support which will reduce unemployment |
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I don't think that Bitcoin will be lower than 1000$ now. It is growing a very good rate of growth and a 2000$ fall in price is not possible at all. Millions of people have invested in Bitcoin and i think that it will only grow in future.
You are right millions of people are invested on bitcoin if this goes lower $1k then no one will believe bitcoin in future. It will become dead currency. So I think it will never go lower $1k now. But there is a chance to come lower $2k. This is 70 - 30 chances are there our bad luck it may fall otherwise the price keep on raising. I dont think it will ever go below 1000 but I also don't think it will be dead if that happens. Haven't you seen the counter that counts the number of times bitcoin has been declared dead? The simple fact is its here to stay forever. I myself believe someday bitcoin will surely die. And the only possibility of bitcoin prices going back towards $ 1000 is when many people panic and keep the price down and it will make bitcoin to die. But when it's still a mystery Bitcoin can never be lower than $1000 I just studied the daily time frame candlestick pattern It is like a pin bar is forming around $2384 it is likely there is a support around that region there is possibility of price reversing and moving up in few days to come and this is the most appropriate time to buy. |
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My first experience about bitcoin was not very encouraging because I started gathering satoshis via faucets and my daily satoshis gathered was not much after spending so much time on my laptop and using much data I was discouraged until I stumbled on this site which gave me the opportunity of earning Bitcoin by signature campaigns.
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Trading is not an educated guessing a trader must learn how to trade, better still a trader can be mentored to know all the rudiments of trading i.e fundamental and technical analysis and how to trade with Japanese candlestick having been equipped with the knowledge highlighted above a trader can accurately predict the direction of price i.e time to buy and sell. Although some losses may be incurred but in a long run the trader will profitable.
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Please PM the details I am an active member on this forum I post in all the threads mentioned I will actively participate in your project.
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In my country the regulatory body which is the Central Bank has been clamping down on any bank that accept bitcoin, nevertheless there various e-exchanges that accept cash for buying of bitcoin which is transfer directly to any wallet, also selling of bitcoin is channeled towards the exchanges making the banks irrelevant in most of the transactions i.e pays into an account for bitcoin and withdraw through an account for bitcoin.
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When people began to see me cashing out money earned online via signature campaigns and other means everybody began to show interest in bitcoin, majority of them have been put-off due to wide spread of scams being witnessed of recent online. Although few of them had a change of mind and had began to learn how to earn bitcoin.
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I heard about bitcoin through a friend I swung into action by gathering satoshis via faucets after some time I discovered that gathering satoshis is waste of time and energy I was discouraged until I was hooked up with this forum which is were I got almost all the information as regard bitcoin.
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The best means of cashing out my bitcoin is by using trusted exchangers in my country before selling off the bitcoin the buyer either send the equivalent and agreed rate into my account or we escrow and this had been done successfully avoiding any forms of scams.
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The best source of bitcoin nowadays aside from btctalk campaigns sigs, is joining altcoins crypto currencies bounty campaigns which can can earn good amounts of bounty token. You can use the bounty token to be sold at trading sites and quick and short term tradings in order for you to sell your holdings and could generate bigger bitcoin amounts that can be stored in your online wallet; you can exchanged it also for fiat cash to become sustainable money for spending.
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I strongly agreed that signature campaigns in this forum had been one of the major source of bitcoin also trading also is another source of earning bitcoins more so, other source like gambling and hyips are very risky but there some people who belief that these ones are their very best source of bitcoin. However the major source bitcoin is selling of skills e.g programming, graphic designs e.t.c |
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From my own point of view fundamental and news analysis is the most important parameter in trading currency/cryptocurrency aside this technical analysis I.e candlestick patterns that usually work in forex trading might not be really effective in cryptocrrency trading.
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From my own point of view fundamental and news analysis is the most important parameter in trading currency/cryptocurrency aside this technical analysis I.e candlestick patterns that usually work in forex trading might not be really effective in cryptocrrency trading.
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The worst decision I took happened last year when I sold USD/JPY in for ex trading without putting a stop loss the moment I pulled trigger price reverses in opposite direction despite the fact that there was no news and wipe out my deposit fortunately for me the money lost was less than $100.
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Launching of a new cryptocurrency in my country will not affect Bitcoin, in fact there was a move to that effect by a group of individuals taking signatures and contributions in order to start a new cryptocurrency but unfortunately the central bank placed a ban on it and froze their account.
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For now all the bitcoin I earned offering some services online is being spent to off-set some of my bills and use part of it to trade. after some time I intend to start saving some bitcoin for future use I am very sure the price of bitcoin keep on rising.
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I think due to delays in bitcoin transaction and confirmation delays had kept people to temporarily divert to
altcoins such as ethereum, Doge e.t.c It can never be a set back for bitcoin because none of these alcoins can withstand the global acceptability of bitcoin maybe after rectifying all these delays and high cost of transaction things will come back to normalcy then bitcoin will restore fully.
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DCORP has been highly impressive since it take-off on June 1 and people had been supportive of this highly recommended project where users are allow to summit ideas and proposal which is approved by a teams of highly experienced directors.
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Bitcoin had been providing income for my daily needs and I am using bitcoin to off-set some of my bills and bitcoin had given me the opportunity to start learning skills that can be offered as services online which will provide more income for me and my family aside my monthly job.
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