That's mean you are preparing to hold your token, isn't it? I learned someone that we need to stop our trading if the market condition is not a good position. And We must wait until the market comes back to our favour. But most of the traders lose because they don't follow this rule.
which of the rules are you talking about sir? It is very important you understand that trading profitabily depends of your skills and knowledge to be able to follow the directions of trend. The trend is your friend either the market is in the uptrend or down trend, it just depends on the directions you are. Therefore, we can trade on both directions and there is no need of you avoiding the market because the market is in bullish or bearish conditions. Many traders are making profits in this bear market and some are still losing. |
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Bitcoin has knocked out the weekend trading slightly up but has still been unable to move above $4,000. Bitcoin has been able to move consistently for several days. Few analysts assume the price might fail to raise above $4,000, which will likely lead to sustain future losses. At the time of writing, Bitcoin is trading down by 0.06% at its current price of $3,942. Since the beginning of the week, BTC has been able to hold steady above $3,900. On march 9, 2019, BTC fell sharply to lows of $3,880 before quickly surging to its current price levels. This price action may signal that the crypto has established the upper-$3,800 as a level of relative support. Although, Bitcoin has been steadily climbing over the past several days, analysts still expect the cryptocurrency to suffer greater selling pressure in the future. Read More here https://coinpedia.org/news/btc-bitcoin-price-analysis/Though as at last night it has fall below $3900 it has started to recover again towards $4000. It is now clear that bitcoin is on a recovering face and the support level which creates the last bottom at $3200 is seeing to be the bottom of the bearish trend that started in December last year which great the condition cryptocurrency market is facing now. Crossing $4000 is not the problem to me but remain above it is the major problem it has since last December. I think we should be able to move above the current channel some weeks and months to come. |
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You are already in cryptocurrency and you should not regret it.
YES, the course is unstable. Sometimes there are mistakes, but do not look back. You will not change anything. It is better to assume that you made the right decision, even if you got a loss.
We need to move only forward, what do you think?
You really post like a cryptocurrencies enthusiast and I like this spirit. Before many of us come to the cryptocurrencies market we have in mind to make money and not what the whole world stand to benefit if cryptocurrencies market become mainstream and we start using blockchain technology to resolve most of our financial problems. Bitcoin and cryptocurrencies market in general are going to recover in future and if you have bought them it is very important we should keep holding them as you have not make any wrong investments decision. |
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The fact that the majority of selling pressures are slowing down and even reversing, means that there is room for buyers to start coming back into the picture and for price to start stabilising. It is an objective signal to the end of the bear market. This doesn’t mean that price cannot drop further, all it means is that we are currently near the optimal point in time to be getting into cryptocurrency, rather than getting out. The irony is that over the last few months we have also seen the majority of investors repeat the same mistake that has played out since the beginning of time and the invention of markets. Buy the top, sell the bottom. Boss Crypto students won’t make that mistake. READ THE FULL ARTICLE ON HACKERNOON HEREThank you for sharing your view with us and I think we should now know that the end of the bearish trend is here and recovery faces will start very soon. The cryptocurrency market will recover no doubt and it is not going to be an over night turn around but a long-term turned around. Therefore those that are expecting bitcoin to start getting pump again maybe disappointed as it is very difficult for it to go up now because of the buying pressure. However, if you can take the risk and buy now and holds for long-term, there is no way you will not make profits in future. |
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Currently, the ratio of legal to illegal activity on the bitcoin network has completely changed trend as the former surpasses the former. This was stated by DEA Agent Lilita Infante at the U.S Drug Enforcement Administration. Is the number of criminals on the bitcoin network has significantly reduced compared to early days? https://coinpedia.org/news/bitcoin-network-speculators-not-criminals/If the level of criminality has reduced it means bitcoin network is developing and a new pattern is been created. Bitcoin is now a speculatives assets and not what many of us were calling it before as many people said it is a ponzi scheme. Some said bitcoin is a scam but we are now having a different views on it now. I strongly believe that in future bitcoin will be refer to as a valuable asset and people will treat it as we are treating gold now. This technology is one of the Best Human discovered. |
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In 2019 , we are hoping that some events should happen that might stimulate the cryptocurrencies market for upwards price movement and that is why outside ethereum hardfork that many thinks will cause the market to recover I think ETF should be the next event. If ETF is approve by the security and exchange commission then we should expect another bullish trend and will move bitcoin to another significant level. However, in 2020 when bitcoin halves we should expect another high to be created.
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This is my view too about cryptocurrencies but the truth is that it is still on the speculations area. We did not really know what is going to happen in future and the only way we would know this is truth is to wait for the future. The ico market really create the bearish market we are currently witnessing and that is because the scamming activities that takes place in the market is high and that makes it hard for people to invest in cryptocurrencies coin market. The current cryptocurrencies holders are becoming wiser and everyone is playing safe.
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The dynamic situation of cryptocurrency these days in general responded by three ways: selling panicly with the risk of cut-loss in order to save the remaining assets from more fallen, hold the assets and playing save by not doing any trading activities, and view the phenomenon as a diamond chance then buying coins in huge amounts of investments while the prices are low. Of course, those three ways are logically humane and each has their own pluses and minuses.
I am intrigued upon the first two: panic selling and postponing from trading.
On doing panic selling, ones tend to sell their assets in the price lower than in the actual price. The main goal is to sell their coins faster to save themselves from the worse situation, without consideration upon the impact of their behaviour towards the market in general.
Meanwhile, ones could also hold their assests and postpone from doing any trading activities, in order to keep their assets safe and even maybe went on hiatus from digital assets bussiness while waiting for the bullish days to be back. They don't want to sell their assets in low price, but the act of not doing any trading is logically also has impact in general. At least, it is contributing on slower the trading traffic.
In your opinion, which one is the worse way among the two?
Panic selling is the worst of all. I think patience is another way of transferring wealth from the impatient and fearful traders to the patient and professionals traders! Afraid of losing is the first step to losing in trading and accept signal that you are not going to make it in trading. Postponement from trading is also another way of saving loses. If you are holding an assets that hardly devalue there is no way you will lose if you did not sell and most times if you hold for long-term it is another way of making profits. |
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What we've been experiencing seems to be the gradual growth, and the same could lead to a bull market if it gets continued support from the small volume holders in large scale. As we are into the last month of the first quarter of the year, it is supposed to provide us with some wild variation on the market. Hope to see the bull market soon.
That is truth, bitcoin has been moving in a channel and it is very difficult for some one to actually predict if the market is in bullish trend now as it has not really moved from the last bottom. The market is somehow stable now and it is very difficult for us to see market directions as it is in time past when the volatility always show the market directions in a shortest time. |
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Noobs shouldn't even try to daytrade anyways, they should just buy buying and holding. For someone to make money in trading someone has to lose. If your new you will get eaten up by the pros that have been doing this for years. The only people that win in the end are the exchanges with their trading fees.
losses is part of trading and investments! We cannot avoid loss but it is the level of your knowledge and skills that do make you money in any investments field. To remain in trading your number of loses must be less than profits as no one can accurately predicts the cryptocurrencies market. Thanks a lot of nice suggestions. since last year I had very altcoin in my hand. I've been in this sector for 5 years and sometimes I can still make mistakes. It's very important to control emotions.. and not risking all of the money..
That is were all the confusion is. Many people don't know that it is important not to trade than trading and losing and some did not know that they cannot predicts the movements of financial assets accurately and because of this, it is very important we should investing with what we can afford to lose . Reducing our risk, should be the best investments decision to make if you want to remain in cryptocurrencies market for long-term. |
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Ok, it's time to listen from another experts here.  A crypto trader and analyst, going by the Twitter handle @filbfilb, produced another chart which claims that Bitcoin will experience a bullish run up to $5,000 by the month of May. https://www.chepicap.com/en/news/8016/-bitcoin-will-run-up-to-5-000-by-may-.htmlI don't know maybe he is a user in this community. $5k though is within reach short term as compare to those so called experts claiming that bitcoin will go higher than 5 digits this year. I am thinking this predictions may happen before may 2019. Bitcoin needs to break $4150 resistance area for it to resume in it upwards movement and for the most longest bearish trend to be over. If the current trends that we have been witnessing since last week persist then we should expect bitcoin to break reach $5000 before end of this month and if it falls back below $3700 then it might not get to $5000 before may as bitcoin will witness another bearish momentum that might push it below $3000. |
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nothing, except just for having fun. if someone gambles for profit, they just fall in the same big circle.
Be careful, and you can get addicted after a long time playing gambling if you cannot handle your emotion. I've been there before, but fortunately, I don't lose too much money, and I realize that I must leave gambling before it's too late. I hope you can know that so you could still have fun while you are not spending too much money. If you can get into the mind of people to the extent that it creates addictions there is no way they can stop investing. The gambling industry know the drives in people mind and there are taking advantage of that in other to influence them to become addict and once that happens they will not be able to stay without gambling no matter the amount they are losing. However, gambling in general is not bad but been addicted to it is what is bad! Many gamblers has made significant amount of money from gambling. |
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The spike on December 2017 was slightly a Bitcoin bubble and I thought that the price would subside for a good reason.
I feel that the price of Bitcoin will again reach the $20k mark on 2021 because when you look at the history of Bitcoin itself you can see that every 3 years after a massive downfall it bounces back and even set an all time high.
The historical data has really show this and that means we should actually expect bitcoin to get to around $100,000 by 2021. However, we are going to witnessing little bullish run as it has happened in the past. The cryptocurrency market is becoming more popular this days and we should expect some inflow of money this day that may cause bitcoin to move above $9000 . It then means if you can buy now and keep holding there is no way you will not make good profits in three to four months to come. The bull is coming! Just be patience. |
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I've been in trouble and now I have a lot of debt Can I double my capital in two months because if I do not pay I will die or be imprisoned Please help me I think I am a professional but I am nervous now I can not trade well  Double your capitals in a month may be creating more problems for you as it is not worthwhile in investments and trading as that type of huge profits tendency may cause you to lose more than you can gain and instead of going into trading with that kind of mind it is better you invest into gambling. You are in problem already according to your post but you better negotiate with you creditor and agree on a term you can paid back little by little and reduce your trading risk to the level you can manage. I strongly believe that if you do that you may be able to pay back the debt in no time. |
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Hi Guys,
Which project you feel is heavily undervalued under 200 in CMC with a working product with active development.
There are so many coins under $200 at coinmarketcap and has great potential for growth and innovation. I think we can see how some of them has performed in the past and if we can buy them now and keep holding for long-term there is no way we would not make profits from them. Coins like litecoin, ethereum, binance, stratis and EOS are very cheap now and majority of them are even below $100 and there have great potential to grow in some days and months to come. |
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If we have a realible information that bitcoin is going to actract institutionalized investors this year then we should expect another moon very soon because it means funds and publicity are going to flow in bitcoin directions which in turn will be transmitted to upwards price movement. The institutionals investments will create big demands that some of us that have few bitcoin now will become millionaires in future. I think before the end of this year bitcoin is going to be high in price than were it was last year. My prediction is that bitcoin will be better this year than last year.
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Ok, it is not what you are thinking. Bitcoin is not a Get rich quick scheme, but the UK series "How To Get Rich Quick - Season 1 episode 3 includes some footage of a rich entrepreneur, Dave Fishwick, creator of Bank of Dave, discussing Crypto currencies as one investment option to become rich. Luckily for us, the Bitcoin price at the time, generated a small profit when that episode was shot and he even commented that the profit he made then, were the equivalent of 3 years of interest in a local Bank. I made 800%+ profit on my initial investment over a period of 4 years. (200% per year) - Go watch the series, it is full of good tips for the budding entrepreneur out there.  <It is also not focusing on Crypto currencies, but all the methods that can be used to increase your wealth>  Edit - I wonder how many people will only reply to the Thread title and not on the content of the actual topic now.  This is a great eyes opening about investments in this time that both stocks and commodities like oils are not giving good returned! I believe that investing into bitcoin and cryptocurrencies market is one of the Best investments decision we can make. I believe investing into cryptocurrencies is far better than investing in fixed deposit as no bank can actually give that type of great return that bitcoin has given in the last five years. |
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I think the pressure move from $3250 and $3700 and $3850 now is now when the pressure is. I believe that the bear has started losing their strength and though bitcoin is a bit stable now than were it was last year. I am an advocate of stability and bullish conditions and I hope people will not lose if they can buy now.
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This is a very nice graphics analysis on when to buy bitcoin and at the same time the right time to sell it. It is very important that people should no that the probability of bitcoin falling down from were it is now can still hold and it is very wise that you should invest into bitcoin with risk in mind. In October to early December last year we sow a ranging market and many investors see around $6000 the best time to buy but we all see what has happened as it was pushed down in the middle of December 2018. However, the probability of this to happen is very low and that is why some time we should give allowance for loses.
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For the true believers, Bitcoin will always have value as long as it exists.
We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.
The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.
It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
I have great faith in bitcoin and it ability to change the financial status of the early adopters. The cryptocurrency market is expanding and many coins are been introduced into the market daily and some of them has values that are above $20,000,000 and that means bitcoin will hardly die as many people are coming to know about it and they are investing. If you really desires prosperity and financial freedom I think we should understand that investing in bitcoin is going to makes that happened for you. |
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