We see some corrections in the last 24 hours or so and I think it has consolidated and moved towards the $10K again. Now, is the perfect time for you to withdraw you funds, or just wait till it officially it $10K again. LOL. $50, its nothing in crypto's, I think it did good for you because I feel that you are going to panic seeing the price going down in the last 24 hours.

I now think it might be a bad timing for me, but look at it this way, you are not the only one who have miss getting a big opportunity to earn. Maybe most of us also lost when we withdraw. Its part of the game. And remember the mantra "you should invest what you are willing to lose". I think you invest too much of your money here. You should also check at least once a day regarding the current price so that you can make a quick decision to sell.

We have seen countless time that bitcoin and altcoin market bleeds. So I just this what you are seeing today is not a exception. I believed that there is a manipulation, not just today but in the past and it will still occur in the future. I see most of the top altcoins have already lost more than 20%, while bitcoin around 15%. So that's serious manipulations.

But not all of them though are thru manipulations, maybe half of it are cause by the panic investors as well. Someone made large sell orders, others saw it the wall, then they follow suit and then the fear of others making them sell as well. But again, bitcoin have shown that it can recover, think of what's happening right now in a bright side. Buy more bitcoin and altcoins because they are down right now.

I even see it below $8K but it look likes its again recovering from the dump.  More than 15% so this is some sort of correction that we are seeing. But make no mistake about it, I'm sure that others will jump and buy bitcoins back with this kind of price because we don't want to missed the opportunity to accumulate more and hold on it.

I'm sure that the $10-$11K is too much a mental barrier for most traders not to cash out. Time to make some profits today and time to get back bitcoin at cheap price. I think at the end of the day, we are going to test $10K again and see how will it hold tomorrow. As always, its better to hold bitcoin now rather than just dumping it. Corrections are bound to happened anyways, its up to you how to react on this kind of situation.

If I were you, I will just hold on it. Now is not the best time to dump some of your bitcoin. If you have plans to dump a couple, you should have done it when bitcoin tops $11K, now the price is dropping very fast at $9K. So you have no choice but to continue and hold and just watch your profit grow as it touches above $10K. If you have plans though to dump it, at least dump at above $10K.

And when you dump a few, you can invest to altcoins such as ETH. I can also speak for ETH because that's the only altcoin I have, I have dump most of may shitcoins and take home the profit.


That's what I'm trying to explained. There has been a dumping, so continue to hold. And we all know what will happen next after this dumping. Bitcoin will again go up and even higher as its previous highs.

It dropped again to $9600-$9700 levels, looks like a good buying opportunity. It's ugly if you have bought it when the price is at the top around $11,000 but for me at this price, its already a discounted and everyone should get it. This is a healthy correction so that those who want to enter now can get it.

It could more than double your investment, as long as you can HODL on it and not sell short term. And even if we see some sharp decline, you don't have to worry and panic and sell your stash right now. Bitcoin now is for long term, if you want short term investment, its better if you would try altcoins.

It was a fast recovery indeed and the price is above $10000 levels still. Though is a minor correction, a lot of investors and trader are just waiting in the wing, and immediately jump while the price is at a "discount". I also tend to believed that $10000 will be somewhat a stable price for quite a time.

Manipulations of who's who from behind are always present but I believed that if institutional investments like NASDAQ and CME goes on-board it can be minimized. If you are willing to go with your hard earned cash at $10000 to get bitcoin then make more decisions now because its a perfect opportunity and don't wait for dips to happened. As what @pooya87 said, $10,000 is here to stay.

We all know that a crash is driven by panic. We haven't seen any news related that will cause a massive selling orders to crash the market. So far bitcoin shows it is sometime stable at above $10000. Maybe the correct term is price correction. It corrected itself if I'm not mistaken but quickly recovered above $10000 right now. I guess bitcoin has full confidence and trust of big investors and maybe banks or financial institutions are also entering the market.

So with that said, I don't think that there is a unanticipated drop in price, no one in his right frame of mind would think to remove his/her money in the ecosystem because the price keeps going up. The appropriate question is are you going to panic as well if there is a small dip in the market in the coming days?

I might be one of those who didn't see bitcoin rise to $11,000. Maybe its too fast that it quickly drop to $10,000 today and now its trading above $10,620 as per coinmarketcap. There's still a lot we don't know and don't understand what's keeping this uptrend, price manipulation? Maybe. Who knows?

So for me, although its a fast climb to $11,000, price above $10,000 is sustainable, with few minor corrections along the way but sustainable. And with CME coming on-board next month (if rumors is true) then bitcoin could shoot up once again to $11,000 and stay there.

I still have though the attack coming from Bitcoin Cash at the back of my mind. They will still try to grab some of that cash flowing to bitcoin ecosystem, but I don't think they will succeed long term.

Just continue to HODL, its the best and logical choice for now.

Short term, bitcoin can't go in this parabolic curve, and at ever increasing speed. And with this kind of moves we really don't know where it would stop and where is the final top. Because we can't really expect that this parabolic curve can go on and be sustainable.

But long term, bitcoin price will increase because their is really a demand. We never know that bitcoin could top $10000 this year, do we? And I think the demand will increase overtime. And this increase in demand will push the price of bitcoin to new heights. The demand could come from different places, financial institutions, IT and non IT companies, maybe a few country that will adopt bitcoin and even casual investors like us. So as long as their is a demand, bitcoin price will go up in the future.

What do you mean its predictable? You able to predict that this year bitcoin will surpassed $10K?

Obviously, the next target is above $10K now. It really show's that this is just the beginning. Its another journey for all of its since the 5 figures has been broken already. What drove this madness is just unbelievable. I'm all with you that we want this bull run to continue up to December and touch $15K.

I really thought that to push the price above $10K, another country should join the bandwagon. But so far its the other way around, China turns it back and Russia as well. Maybe analyst and speculators are correct that financial institutions are adopting bitcoin as well that's why their we are having this sort of craziness, panic buying right now.

It is what Satoshi designed bitcoin. To be a P2P electronic system. However, it is not the case today. Because of the high fees and slow confirmation time. This is what Bitcoin Cash proponent pitch though. They claim they have faster confirmation with big blocks. As for bitcoin being investment, its true. Now bitcoin is becoming as a investment and not P2P anymore specially with the price increasing and touching $10000 it will have a hard time being a micro-payment scheme.

But still people have trusted so much in bitcoin that Bitcoin Cash cannot simply overtook the market from us. It has a good price but it will not come close what bitcoin has already reach. Its simply being pump by few individuals and the rest will be victims when they suddenly dump their coins to take profits.

No. Crypto trading is very different from stocks. Even stock investors/traders/brokers already confirmed that bitcoin trading is a different ball game. No amount of TA can "predict" where the price is heading. No one even predicted from the beginning of the year that we are going to hit $9000++. The most I saw is $5000.


Sorry mate, I don't know any books for TA crypto, And as far as I know, there's still none because as I have said TA is not applicable to bitcoin market. I might be wrong though.


https://coinmarketcap.com/ is a good way to start. Just go around the website and see if for yourself. As for other signals, I have no idea because I don't follow anyone. I make my own decisions.


I think there is, but again, I can't help you with that because I started my crypto trading from scratch. No demo accounts for me, I just put my hands on the cookie jar and see it for myself. Goodluck though. Hope you because a successful trader.

Good question. I've been thinking of cashing out some of my bitcoin nearing Christmas season to enjoy and buy gifts for my love ones and probably go out on a family vacation. But I'm still undecided and I have to see where the price could go, if it goes above $10000, I might sell some, but if it didn't get to 5 digits then I will just hodl.

I still other sources though, if I decided to push with our family vacation plans, but at the back of my mind, it wouldn't hurt if I take some profit from holding it for almost a year now.

Let's see, how everything goes though. But I remember last year, there was no cashing out if I'm not mistaken. But its a different situation now, bitcoin has been knocking at $10000, another mental barrier for most traders to overcome.

I still get a good laugh when I saw threads like this. Bitcoin will not die and its moving to a new direction now. It will touches $10K very soon and it only proves that bitcoin will not die but will continue to grow even more. It a good ride this year for bitcoin but I'm sure that its gonna be better as the year's goes by.

Bitcoin is breaking all-time-high and I'm sure that it 2018, the price could go somewhere along the $20,000 mark. Companies, financial institutions and other sectors can't really deny the impact of bitcoin that's why they are joining the bandwagon as well specially in 2018. If we are ecstatic seeing the price goes to $9000 to $10000, I don't know what will be our reaction when it touches $20000 or above in 2018.

Bitcoin Talk Name: Yaunfitda
Bitcoin Talk Profile: https://bitcointalk.org/index.php?action=profile;u=665441
Rank: Senior  Member
Post Count (including this post): 251
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ETH address: 0x450c702cF1b5b19587058C1bEf277bf18188CB0f
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Bitcoin Talk Name: Yaunfitda
Bitcoin Talk Profile: https://bitcointalk.org/index.php?action=profile;u=665441
Rank: Senior member
Post Count (including this post): 250
BTC Address: 1CaBDSUQHzi2HKTy88UVgwWJegvnKZRWWT

Maybe this website could help you in a way:

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=4730&HashingUnit=GH%2Fs&PowerConsumption=1293&CostPerkWh=0.12

Each coin has its own separate tab for:

1. Hashing Power
2. Power consumption (w)
3. Cost per KW/h ($)

Though its only covers more on the top cryptocurrency, but I'm sure you can ask around their forum. And I assuming that there are a lot of experts in every coins.


Goodluck though. Also this forum might help you as well. Just wait till knowledgeable members chime in.

My take on him. He is not a bot but probably a pseudonym for someone. Usually authors take some other name to hide their real identify. If I remember correct, I read about him writing an article about some scammer. Here is the link:

http://www.newsbtc.com/2017/07/04/gainbitcoin-ponzi-scheme-operator-amit-bhardwaj-takes-ads-hindus-front-page/

"JP is working hard to bring more credibility to the Bitcoin and blockchain news industry. Outside of being Europe Editor at Newsbtc, JP is also an active writer for the website, and does not shy away from letting his opinion be heard."

Maybe he is a member of the forum but used other name as well.

That's a good mindset to begin with. Panic selling will bring more harm to you in the long run. So its much better to really just hold don't panic and stay calm. The market is really very unstable and a slight new will tip the price to the other side but it doesn't mean that it will continue to go down or the price will crash. Sometimes a correction needed so that get to the next level. Those that panic and push the sell button right away might regret their decision later.


Specially in the last couple of weeks. Bitcoin Cash, Ethereum and Bitcoin have very wild swings. And all of them are hitting ATH. Understand how the market works and invest on the right time and you will be ok and can make profits.

If you are a day trader, it makes sense to check the price everyday because that is your basis of you making the decision to buy and sell it in a matter of minutes. It might be stressful at the beginning, but day trader is already used to it and this is how they make profit. Get in the market make profit and get out quickly or re-invest it again on other coin.

But if you are just a casual trader and long term bag holder, you don't have to check the price daily. Personally, I just check it when I have the time. I have other things IRL to do besides posting and reading the forum. But I see that most newbies really are somewhat addicted to checking the price, but I don't know if this is a good thing to do at the beginning of your bitcoin journey.