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For normal traders, buy low and sell high is very much luck. No one even the experienced traders cannot predict the exact low and exact high so most of them trades with trend. So for me, not able to buy in perfect low and sell in perfect high is not a regret, but if I miss the trend, then I will regret.
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That is the most difficult question nowadays in the world. It can be $50k or could be $5k who knows. Since we are downsloping the first half of the year, I think there will be more bullishness in the second half of the year, otherwise 13-14K would be reasonable and achievable.
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They knew the significance of technology. Although bitcoin is decentralized and cannot be controlled by a government, they are well aware about the technology behind and they knew this is the next big thing and they cannot stay behind the race in adopting the blockchain.
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My suggestion is to keep your BTC in secure cold wallet and wait. One day countries will no longer ban the bitcoin, they will be compel to remove restrictions as the mass adoption will increase. Otherwise, you can still trade them on exchanges so that you can otherwise increase your BTC amount and Hodl. Let's say you are forced to HODL. Its a good thing.
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If you can buy back at around $6k, you can sell now, but if you are not sure, as I am, and don't want to take a risk, HODL on as I am doing. I am currently hodling, but if it seems that it cannot hold on to 6K level, then I would consider selling to buy at 5K level.
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For me, I would never sell in panic. I have already booked my investment with profit so whatever there is my extra profit. I would see it gets into zero but I would never sell. My bet is to get big of nothing, not a little bit of profit. But everyone has their own style, I respect that.
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Every drop is an opportunity to buy but buy in portions so you don't miss the dip and if dip further we have extra money to buy that dip too. That way you can save losses. No one can predict a perfect dip. Only some people will get lucky to buy in perfect dip.
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Guys I am only relating BTC's astrological chart. Like everybody has their astrological chart if exact time of birth is given. Maybe I am wrong in this case but this is just my research.
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Maybe I'm wrong but I am looking forward if BTC will climb to new high in around mid August. I find many points in Bitcoin chart. One is ketu in 9th House of father. Ketu means detatchment or it can cause separation like father will die, left. If Satoshi is BTC father, there is seperation.
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hhhhhh, I'm curious about the connection between astrology and bitcoin.
In my opinion, most of the time astrology looks like fun, but it has nothing to do with blockchain or cryptocurrency markets.
May be there is no connection but the BTC price went from $5 to $1100 in Sat-rahu period. Rahu is responsible for unexpected and sudden boom and then depression. The depression continued till first half of 2015 when sat-jup period started. That's when BTC started to increasingly gain it value till later 2017 when mahadasha of mercury started. Jup is also responsible for steady gain. Mer is also not that bad in chart but is between jup and rahu. So I think BTC will gain it's dominance back when sun period starts in Aug. Sun is power and dominance. |
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Do you guys believe astrology can be implemented into bitcoin? Can anybody put lights into this. I am a newbie in astrology (vedic) but in my little study, I find that Bitcoin will increase its dominance this coming August for about a month and half in its pratyanter dasha of mer-mer-sun. per moon chart, sun is prominent in powerful 10th house with mars. Also, sun will transit its mooltrikona sign in around Aug 15 to sep 15. So, I think there is a great chance that Bitcoin will dominate heavily in cryptomarket again this August.
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Long time holding is a smart thing to do as far as crypto currency is concern. I have realize that, investors try to play smart in the crypto business in that, they begin to dump most tokens to cause a decline in token prices. This will in turn pave way for them to buy more tokens in other for them to hold for long and sell at higher prices when token values shoot up. In spite of this, is long term holding a smart thing to do as a bounty hunter and why?
If the cryptocurrency you holding is good one then it is definitely a good choice rather than dumping in market after ICO. But you got to be updating closely about the project to yourself. If it is not progressing, severely lagging behind the roadmaps, not fulfilling the promises, lost from communication, then you should get one step ahead and sell the coins. If you check the historical data from coinmarketcap. There are many coins that died after initial pump. They are now trading around or just above the ICO price after several years. |
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Its upon you whether you want to hodl or sell for quick money. I think if its a good project with good team. Hodl can be rewarding. Otherwise, I would suggest, half Hodling and half selling. Most of the ERC-20 tokens can be traded on IDEX and Etherdelta. Also you can check if it is listed on bigger exchanges like binance, kucoin, etc., too on Coinmarketcap.com. There you search for your coin. AFter you find your coin, there is a market tab next to chart tab. There you can find all the markets where your coin is listed.
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It was not worth time back then in 2011 when bitcoin's price was so low but now it's huge amount. Thats what happens when you neglect being a low value, and when it gets its value, you won't be able to enjoy the benefit of it.
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Agreed other coins moves faster, but faster in the sense that it climbs faster as well as also slid downhill faster than bitcoin. So, one needs to be careful with alts. As low the market cap, the higher volatility there will be.
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Yes, there is big gain and big risk in cryptocurrency trading. If you get in with right crypto in right time, you will see your investment easily 10x in a couple of months and vice versa.
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No matter how much theoretical studies you have done on trading, without exposure to real world of trading for a good amount of time, I don't think you can be a successful trader. So, experience is equally, but I would say more, needed to be a good trader.
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The whole year is going to be passed since their ICO and what investor got is a couple of force update which is also vague if its really legit. Such a shame. If they haven't collected what they want and could not carry on with project anymore, I think the best idea would be to thankfully return the investor money.
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I agree with you. ETH opened the crypto-door for much more people with their smart contract system. It bring the kind of revolution in cryptocurrency market with good projects crowdfunded via ICO with their system. Though there has been much needed upgrade to current ETH situation which I think will come up eventually, I do not see any excuses to have some of your portfolio on ETH. With the massive community and the trust it has, IMO you won't regret your investment in ETH.
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