Although we're already half way to achieve that mark ($12.5k) , it's still a long way to go, and there might be events which might occur that will affect the rise and fall of BTC price. Imagine, in just a couple of months, it already reach $10k were people most predicted it will happen before the end of December or 1st qtr. 2018. Nowadays, its really hard to predict because of its movement which is kinda gradual. As Bitcoin continue to increase its popularity and expanded its purpose, to which more people will be influenced and accept this digital currency, it might reduce the time frame needed to reach the $25k mark.
but bitcoin had reach $18,000..and its only a little to hit $25,000 just a $7,000 difference.so i speculate before year end probably it will cross that border.and maybe thats what the whales wanted to put bitcoins highest price ever. I dont think so. The FUD are coming again and bitcoin drops from $17k to 13.2k this week. Correction was present this November and I think it will stayup to 17k to 20k before the year ends because its going to be Christmas and people will spend some of their money that were profitted this year.
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I think Bitcoin is already international currency.bitcoin is a Crypto currency, we exchange it into dollar and we use it anywhere and we have no problem in it.It is also easy to pay and have some transaction via your Bitcoin wallet and that is perfect of the wallet.we just need a little more time with the halving in my eyes than its possible.
If bitcoin will be an international currency, it should be more stable like dollars. Because of being very volatile, bitcoin is only applicable at exchangers for trading but know one knows maybe in the future, there would be a crypto currency that will be applicable to be an international currency. For bitcoin today, I would say it would be a No!
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i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. what is your opinion? I think it is true, but not the way you think. Most professional traders spend most of their time increasing their knowledge, monitoring the charts and applying their techniques to it, but when it comes to trade itself, they perform just a few trades a month. Good traders will not trade all the time, because they will only pick the best opportunities. For day traders, they usually spend a huge time on this. Monitoring every prospected altcoin is a great deal. It depend if your a buy and hold trader. You really dont need some time to it which is true and different from the daily trade.
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i think it is, just be very sure about your security and no one will know about your wallet and it will be safe as far as i know.
Up untill now, it is secured. It will depend on wallet that we are using. I usually use 2FA to be just sure to secure my wallets. Spreading your investments through different wallet also is an option just for a security reasons if you lost one of them.
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I dont know guys. I dont think the banking industry even cares about bitcoin. Recently, my work put me in contact with the Head of Czech National Bank and naturaly I have asked about bitcoin. He did know what bitcoin is, but his knowledge was limited. He was of the opinion that its irrelevant and that it has no future in public finance. I know that Czech Republic is not the most economicaly strong country, but I think it might be similar else where.
The Banks want Cryptos dead, its direct competition to them. Why would you want to pay a 10$ for an international wire payment, when you could send some ___coin instead? Of course banks really cares, a lot of users are really wanting to invest in bitcoin rather than investing in bank which gives you just a bit profit. It casuses a big impact to them the money circulation that must be for them is now in bitcoin so they are really manupilating it. Actually banks already made their own application for faster mode of payments like blockchain. But knowing the fact that they are limiting it to invest on bitcoin . Lets go bank to the topic. The buying of bitcoin really rockets because of low selling of bitcoin which I also think that many people are expecting for bitcoin to increase its price more by the end of the year.
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i don't have any strategy yet. i just buy some altcoin ICO on icoreview.site and sale it's after growing. it's so simple i think and not called a strategy.
Try to reasearch mate of what you are investing in an ICO. The reviews may be paid just to earn more investors. For the strategy, I think it is more on learning than a strategy to make. Learn from the best to formulate your own strategy.
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Every huge lost have to offer a huge experience specially for a trader. No one can predict the market specially for the crypto currencies which are really volatile. I always set my mentality that I can recover from it because I have gain more in trading experience.
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I think bitcoin is more secure than cash, Bitcoin stays online and no one can steal it except you have been hack and that would be nearly impossible except you are really careless or someone is making a fool out of you.
Bitcoin is very volatile. If you use it for buying something, specially when the price kicks, I think it will be much better to convert it to cash because you can buy more than the price in bitcoin. Also the same with when the price goes down.
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Keep track of your expenses, be organize and gather all of your data. Through this, you will have an idea on how much do you really spend on food, rent, utilities, clothing, etc. After that, study carefully if you're spending just right on things that you need and limit your budget to your other expenses that isn't really necessary. Breaking down things will make an easy way for you to allocate your money. Now that you have a budget plan, make a room (allocation) to save money. If your salary isn't sufficient enough, my best advise for you is to cut your budget on things which is luxurious or unnecessary.
No matter where you are on your financial journey, you need to know that it’s possible for anyone to turn their financial life around. Sometimes all it takes is that first step in the right direction to get things moving in your favor. But, as with most things, sometimes that very first step is the hardest part.
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If you are holding, there is a chance of loosing. Thats not a secret and a risk we are all aware of.
I think most people who earned A LOT from bitcoin have withdrawn some of it, to increase their lifestyle and make sure there is some gain from their investment. While keeping most of it as a further investment.
But yeah greed can cost you a lot of money... but greed is also what made bitcoin investors rich in the first place
I think its not a greed. Its more of believing what bitcoin can do to improve our transactions through blockchain since its potential is great. For the HODLers there who are millionaires right now, its almost Christmas so share a blessing.😁 Cheers
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I think you should look for a good teacher to teach you about trading. If not, you should choose Bitcoin to invest in long-term. That's a good strategy
I good teacher is experience. You have to learn in every investment you are making. Experiencing lost will make you learn to trade at the best. The lost of capital is inevitable since you enter the tradings because from the start, it was really a risk.
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Every country have own decision about bitcoin, they have own reason to ban bitcoin not tobe used on their region, bitcoin can still use on their region but government do not have obligation to protect user bitcoin.
Countries are afraid about their economy. Governments think that bitcoin would decrease the average economy of their country. They are doing right in one sense but the government seem to be selfish they don't think that it facilitates the people and is helping them to do exchange easily and transfer money from one place to another but think only about the economy of the country. To be frank, the users of bitcoin is always a minority in the entire parts of the world. Saying that it's selfish for the government to decide banning the bitcoin in Indonesia as the means of payment method just can't justify your statement. By allowing bitcoin, it will only facilitates small parts of community in their country while banning it and only use legal currency in their country could bring greater good for their economy. If bitcoin community is still significantly small in a country then there is no point in banning the bitcoin is first place. Because that small group or community wont be able to make much impact on the economy. So there is no harm to the economy. However banning bitcoin will definitely affect the people from that country from prospect of getting rich or improve their financial situation with legal means. I mean buying bitcoin and getting rich after value of bitcoin increases is profitable to the people. And they are not committing any crime nor any fraud as well. A country could collect the tax from the people when they encash their profit from the bitcoin. Aside from a small peer of users for bitcoin transactions it really cant affect the economy of a country. I think the government are too afraid without realizing the potential of the blockchain technology. They are also not knowledgeable of the good benefit of the blockchain which in the future they can control it by the law of the government.
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Telegram Username: criz2fer ETH Address: 0xbAC4726026A952B6F9db02AcA81D150A41aa9b27
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We cannot always be sure, no doubt! But we can be certain that there is absolutely more room for Bitcoin's growth. One fact remains, worst that could ever happen to cause a crash would be some high level of panic and for now, I do not see anything that can warrant that. No one knows the future but I am certain that in coming years, bitcoin would have grown so much to the extent that people would stop talking in bitcoins but in satoshis. So if anyone is still there waiting for a crash, they may end up growing white beards. By the way, corrections are always bound to happen, but there is a total difference between a crash and a correction.
Correct from the point of correction. Bitcoin will crash at extent of correcting its value. But a huge crash is inevitable for bitcoin. It will depend on the development of bitcoin specially for the transaction fees once the traffic continues.
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