Miracle will only happen if most of bitcoin enthusiasts keep their faith in bitcoin after all what happened this past few months. What we need is a much wider range of people getting involved for a much higher demand. But how? We can't force people on their decisions! So I disagree to most members that we do not need a miracle. We do need a miracle! And I think it will only happen if we all believe. (Law of attraction).
we will be realistic here, many investors want their assets to be safe, so they will certainly save themselves when bitcoin loses its value by selling it. the miracle of bitcoin does not come from users, but from the outside such as the legalization of all countries.. |
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I think this is a development trend. In the next two years, many governments will issue their own coins. It is necessary to know that there is a close relationship between the blockchain and the coins. To embrace the blockchain, coins must be set up.
Logically it's impossible, what is the use of fiat or local currency if they make a new currency from cryptocurrency? I think when that happens, might there be chaos ? I think the government won't be able to do that.. |
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It has been already. Many people involved in the crypto are so scared and they are so panic with the market bearish every time. We cannot predict what will happen to the market after this. It influences you to hold certain coins as BTC, ETH, XRP, or EOS. But, you must be ready of any kinds of the risks that you will take.
Yeah it happened, look at how crypto prices dropped so much today. you're right this is a natural thing in crypto, we have experienced this condition a number of times, and I think many of you have to learn from the experience of a few years ago where this condition happened and then the price improved again right ? |
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I believe that those of us involved in the field of cryptocurrencies should feel compelled to act in accordance with our ideals and therefore, we should prioritize the accumulation of bitcoins before the accumulation of dollars.
We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.
I think you are right but holding of cryptocurrencies this days should be done base on the level of market because it seems to me that Dollar is now more stable reason that all my cryptocurrencies has dropped greatly since this bear market starts and how which I have some fiat it would have help me to gain more access to invest. You're right, of course we don't want to risk our money by insisting on our principle that cryptocurrency must be a priority while things get worse, I also have to pay attention to the safety of my assets, you're right the dollar is the choice if the crypto market conditions deteriorate.. |
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I would be really happy if that site or that information of yours is updated, but it is not.
The article that you've post here is outdated, certain information or changes are done. For example the mining, a lot of miners stop mining Bitcoin and I think that is the reason for the quick dump though it did not really last. Bitcoin is now far from it's beginning, it is now in the mid-game. A lot of things are happening that can affect the price of Bitcoin and if the guess about miners are true, I guess we need to brace about it.
It is just a normal reaction for all the Bitcoin investors to either be deppressed after heavy loss on its investment in the crypto market. money is not easy to come by. But we understand the risk factors involved upon investment. What seems to be alarming in the market are the massive sell off and very little are the buyers simple because of the Fear factor now experiences by the consumets investors. Low confidence level is now felt or experiences but i am optimistic that Bitcoin will rebound to a more comfortable level of market trading soon... Hold on it will come soon as we expected. Remember that low marketcaps at this time do not mean that many users leave, but they just vacuum and wait for the right time, bitcoin users are still very large reaching millions of users, and of course it will continue to grow, adoption is the key to future development of bitcoin, so just calm down.. |
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it is not possible because bitcoin is now a lot of people to buy it so that when prices go up get a double profit from ordinary capital.
The point is that there are still tens of millions of bitcoin users that exist and it is impossible to be zero users in a short time and without any reason. bitcoin will stay alive for a long time, calm down.. |
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When people talk about the benefits of bitcoin over Fiat money, one of the biggest advantages is that bitcoin is more secure and the bank has not control over your money. Generally, people talk about the lack of 3rd party.
Give some examples of the problems with banks you have faced that there wouldn't be if cryptocurrencies existed that time.
GToo many restrictions and controls, I have experienced problems when do transfers have been disrupted on my account written already sent, but in someone else's account has not been received, we cannot see transactions transparently, it is difficult to deal with such problems, and there are many other problems with the bank, different from bitcoin which is very good and free for me |
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Technical analysis is vital for me. With TA I can easily discover the entry and exit points for a coin movement.
without TA then you will only rely on luck, and your instincts and that are not too important factors for determining win in trade, TA is needed so that you can get views and predictions about what will happen on the market.. |
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I know that majority will soon regret, sooner the price of bitcoin will escalate. There is no perfect speculator or analyst that I can hold on his or her words to either buy or sell bitcoin. Just be wise.
You right, there is no perfect speculator, the OP itself has said that the person who said buy and hold maybe that person already sold it before. why did you not apply that logic to Bloomberg analysts, that he was waiting for the price below to buy, by spreading price predictions that btc price will continue to weaken |
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BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
if everyone has the same opinion as you, then what happens is prices will continue to shrink because people will continue to sell their assets and buy at lower prices. trust needs to be grown so that demand can rise and prices back up, and we no longer need to do cutlose again.. |
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Doesnt a declining price mean you can look back and see that you have lost less then you thought. Also just doing nothing would be discouraged because the value is going down with inaction
Where as if you take an account balance, bet and get winnings you can withdraw your original balance to spend and still retain enough to keep gambling either way. I'm not sure everyone views it this way but seems to be a case of use it or lose it to some extent, might as well take the odds and roll the dice?
I get that mate. Everything comes to him who hustles while he waits. As what is happening in the market now, those who stay holding are really losing a lot its value (but it doesn't follow though that it is already a lost because the price can bounce up again) but for those people who invest, trade, and find other ways to grow their assets, seems to be doing fine even in the current down market. Different from trading if you can choose which currency you will hold, so when the price drops you will surely know and you can convert it to fiat directly. while gambling, the players cannot predict prices and they cannot convert directly when prices fluctuate , I myself prefer to use Fiat to gamble when conditions are still like this.. using fiats on the curent situation may seem a bit more hard especially if you loose because fiat money has already a median base value while cryptos on this current situation are pretty cheap . thats is why using them as bets wont really hurt that much even if you loose or win . In terms of a healthy market , that should be the best time to switch from cryptos to fiats . the only problem is that most online gambling sites nowadays are mainly accepting cryptocurrencies . what do you mean about the current condition of fiat? I think using fiat when the crypto market conditions like now are much better, if your concern is that the fees on fiat will be much more expensive, then you only need to find a gambling site that receives a deposit once and you can play repeatedly? |
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Avoid FOMO and greedy, and quit from the market if the price of all crypto was pumped, and to make money from bearish market we should be trade on margin trading by short the price.
we must follow the market not to fight the market, because we dont know who cntrol and manipulates the prices in the market, do not be greedy when the opportunity comes, then sell it. when the price weakens, do not resistto hold and think the price will recover soon, dont do that, you have to do something.. but if you only follow the flow of the market without knowing the risks going forward, it is tantamount to suicide, the potential assets for recovery are 50:50 when BTC and many other major companies start bearish. When prices reach dip, it's better to be more careful, it could only be a bull trap Follow the flow does not mean following fully without regard to certain things, here I am more inclined to say flexible, that is a better word. you must be flexible with market conditions, always analyze so that you are not stuck with certain conditions on the market.. |
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For me, I think there are two perspective with this.
First, if you will see gambling as a way to get money easily then maybe it will waste your money and time. If you lose your money, there is a tendency that you will seek for revenge and get another money again to retrieve what has been lost to you - money.
Second, if you will see gambling as a way to have fun only then I think its not a waste of time. Even though you lose your money, its ok for you since you enjoyed gambling and the stress has been removed thanks to gambling.
means it will depend on the perspective and purpose of gambling. if you are too ambitious to get rich from gambling, by learning various kinds of gambling strategies and techniques, then everything will only be in vain your time and your money.. |
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Doesnt a declining price mean you can look back and see that you have lost less then you thought. Also just doing nothing would be discouraged because the value is going down with inaction
Where as if you take an account balance, bet and get winnings you can withdraw your original balance to spend and still retain enough to keep gambling either way. I'm not sure everyone views it this way but seems to be a case of use it or lose it to some extent, might as well take the odds and roll the dice?
I get that mate. Everything comes to him who hustles while he waits. As what is happening in the market now, those who stay holding are really losing a lot its value (but it doesn't follow though that it is already a lost because the price can bounce up again) but for those people who invest, trade, and find other ways to grow their assets, seems to be doing fine even in the current down market. Different from trading if you can choose which currency you will hold, so when the price drops you will surely know and you can convert it to fiat directly. while gambling, the players cannot predict prices and they cannot convert directly when prices fluctuate , I myself prefer to use Fiat to gamble when conditions are still like this.. |
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Ok, I'll make a very controversial answer here and say that i think Trump helps the economy. I mean yes he sucks in politics but i think the economy he inherited from the previous administration really just happened to collapse on his term abd he's doing his best, as an entrepreneur, to prop it up. I could be wrong.
I think those people really can tell if President Trump have good or bad influence in economy is those live in USA. But we can give our opinion and my opinion about President Trump administration has good effect to their economy because you will heard from news that Trump do his best to make their country better again. For their own country, Trump certainly has a positive influence on their country, but for the world economy, maybe not. Trump says that America first, make America great again. trump only focuses on the American economy itself, even they declare trade war with other countries. of course it is not good for the economy of other countries.. |
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Hi everyone! I'm trying to research and study as much I can, but i have problems in finding good books/articles/whatever that explain the principles of economics and trading, very important if u want to learn about coins in general. I searched in the forum but i didn't find anything like that (but a lot of other useful articles)...so can you help me? I would really appreciate a "newbie tutorial for economics/trading" if it exist  Therebare a lot of good sources on the internet and there are a lot of articles too. If you want to learn about trading and cryptocurrency market you can actually look at youtube since there are helpful videos that can help you understand the important aspects and elements that influencea the crypto market. Try logging in to several groups about trading on Facebook, Telegram, or WhatsApp. they have a kind of trading group containing a lot of information about analysis strategies, current info and so on, socialize so that you have many teachers on the internet.. |
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Avoid FOMO and greedy, and quit from the market if the price of all crypto was pumped, and to make money from bearish market we should be trade on margin trading by short the price.
we must follow the market not to fight the market, because we dont know who cntrol and manipulates the prices in the market, do not be greedy when the opportunity comes, then sell it. when the price weakens, do not resistto hold and think the price will recover soon, dont do that, you have to do something.. Yes, it is very good to follow the market instead of bothering about the prices, after purchases we need to hold them a certain period of time. We don't know who is managing the market but surely it will affect your portfolio if you panic at that moment, Crypto market will recover on timely manner we need to stay until the prices start increasing. I mean not like that, if you are a holder it's not a problem to hold it, but for a short term trader certainly you cant hold back for a long time, after all we don't know how long it will hold and wait for prices to recover, we have to follow the market meaning when prices fall do not force to hold it, because on the other time you can just buy at a cheaper price if you want to sell it before |
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Want to know more about technical analysis strategies, reading candlesticks, such as Moving avereges, Fibonaci series, Theories from experts, and so on. so that I can understand better to read the direction of prices on the market..
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We know the advantages of decentralized however what are the disadvantages of the Decentralized system that we should take note of while using this technology?
There many disadvantage of decentralized system but those the affect the crypto currency community are the people choosing side which literally lead to fork of coin, people abusing the decentralized technology by using to make illegal transaction and creating of fake ICOs which is currently happening through ETH smart contract but ETH are not to be blame though. that's when there is no control so anyone can do anything here. decentralization can be a disadvantage if it is used for illegal purposes, but I think centralization also has disadvantages, so there is nothing perfect here.. |
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Certainly not. Most bitcoin/cryptocurrency users convert their crypto to fiat for real world use.
If crypto is gonna widely accepted then it could cause some trouble to native currencies but I am pretty sure governments won't let it happen.
means there is a possibility that the value of the native currency will reduce? because when crypto gets more mainstream one day, of course the users of the original currency will decrease because many of them prefer to use crypto, the fewer users the value of the native currency will certainly reduce.. |
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