What the heck is happening  ? The market looks to greenish today im currently seeing some big green candles on BTC and other coins charts, are the bulls back or what? [/quote I think it's just a small pump and it will dump again. Well, let's see the market movement for the next couple of days if it will remain in a greenish day. If it will not going back to low again, maybe it is the start of bull market. If there will be another good news to be spread by some crypto influencer, then it will help the market to continue to rise. For now, I just ride on the current market, buy and hold. |
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All coins seems to be low now even the memes coins I don't think rebound will happen anytime soon, some where still waiting for the price to get lower 30k to buy back. Hopefully it will not fall that much since it may cause breakdown to others especially those who buy BTC during it's pump earlier this year
Those who bought their bitcoin during it's pump has nothing to do but to hold their bitcoins tight. We don't know if what is the bottom line of this bear market. If ever the market will continue to drop, it's a good opportunity to buy more and wait until the market will bounce back. |
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Adoption of bitcoin is really increasing and I think Banks allowing people to buy and sell on their platform will help to gain more trust from the people to cryptocurrency. But what about the privacy and decentralization of bitcoin? Well, whatever the outcome, I am also happy if banks accept the digital currency because it will be the proof how much successful and useful the cryptocurrency nowadays.
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Legalizing bitcoin always have negative and positive impact both to the users and to the government. But for me, it is more secured if bitcoin is legal in our country. Bangladesh government will also benefit from bitcoiners tax if ever they will legalize it.
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It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark. I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much.  I think it will go lower than $20K before it will bounce back. Good to buy more at a lower price and just hold for profit despite of all the negative news. |
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I'm doing this for a completely different reason. To continue to make a profit even in this difficult time.
Strong hands will not give up easily because of sudden market decline. Instead, they will hold tight and add more coins to gain more profit in the future. Wise men always think positively no matter what the market condition is. |
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I'm currently receiving some of my income in BTC, and I'm just holding it because I expect it will go up long term and so it is my savings.
But sometimes I'd like to be able to turn it into fiat for daily expenses. I can't yet pay my rent or buy my groceries with BTC (hopefully one day! but not today and not in the near future).
With banks in some countries blocking transactions from known exchanges is there a worry that one day it will become impractical to turn the BTC into fiat? Either just very hard to do, maybe street-corner-deals or at risk of getting your bank accounts frozen?
Do people think about this and have plans to work around these kinds of banking barriers? Or are there ways around it already but I'm not aware?
I think we don't need to worry about converting BTC to fiat currency in the future. Adoption of bitcoin keep on increasing and I believe time will come in the future that many business establishment will accept bitcoin as payment and banks too. So far, if you are afraid that banks will block your transaction, you can use another way to convert your bitcoin into fiat, don't rely only on banks. You can use p2p, and local exchange. There are always way if we will. |
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Trading or investing ..does Trading pay more than investing
For me, Trading is more profitable for short term, but investing for long term is also good and with higher return if your investment is good. Actually, it depends on what you want and depends on your knowledge and capital. Trading is more risky but if you are knowledgeable in trading then it will give you a good return. Well, if you have enough capital, you can invest for long term while doing trade. |
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Holding for long term could be more lucrative if one is holding a good coin. Going through statistics, holding of good project is much more lucrative than trading. The wise move is to take profit at intervals when there's a pump on any coin you're holding. This would prevent the issues of missing out from the increase in value.
Every people have their own perspective in terms to gain profit. If you think holding is more profitable than trading, then you can hold as long as you want. If others prefer trading to gain more profit than holding, then let them be. It's all about our knowledge and patience if what is good and more profitable. |
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Even before I have a lot of coins in my wallet with out any value and worthless. Now that there are so many different projects rises from nowhere, we can expect more worthless coin in crypto market as the time goes by. All we need to do is to become careful in choosing a coins to buy and invest.
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We need to face the reality that bitcoin is highly volatile. Remember that back to 2009 it has no value but now it reach up to $53K and the ups and down of bitcoin already happened many times. So, let's those can hold for long term to hold tight and let the weak hands sell their bitcoins, whales are waiting.
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How can China takeover Bitcoin network? First China is not the owner or creator of bitcoin. Although the large numbers of miners came from China but now it was drastically reducing. Also there is a news that China are banning bitcoin. I can't imagine how can China think about bitcoin network to be their own. Not only do they claim the territory of other countries as well as the bitcoin network they also want to claim.
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China always finds ways on how to control the digital currency using their strict regulatory measures. Let's see if how far China can go. Yes, it has an impact in crypto market but it will not stay at the bottom. I know many people are happy now at the current market situation because they have an opportunity to but at a lower price.
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Hi Everyone, I have a dilemma since I am holding an wholesome portion of bitcoin. With all the speculation going on in the market I don't know whether to sell or hold on my bitcoin. I've been wanting for more than a week to see if bitcoin's price improves, but it is only falling more and more.
I've gone through dozens of analysts' blogs, websites, market cap sites, price prediction sites, and all the important bitcoin market sites to find the right answer. But I am still unsure.
So, can anyone please tell me if I should dump my bitcoins with some losses (selling at lesser price than the buying price), or should I hold on to it?
There is also another reason. A promising stock just opened up. So should I sell my bitcoins and but the new stock that I'm interested in?
Viketo Sumi (Armani123)
It's up to your decision if you are going to sell or hold your bitcoin. The market now is down which is good to buy more and not to sell. Whales are always waiting for weak hands to sell, so if you are going to sell now, whales will buy your bitcoins. If you believe in bitcoin , I'm sure you will choose to hold rather than selling at a red market. |
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Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?
I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?
So far, I just investing in crypto alone but I also thinking and planning to invest in real assets if ever I get huge profit from crypto. Cryptocurrency is really profitable and I believe it will be more successful in the future, so I don't need to worry if I don't have any other kinds of investment except in cryptocurrency. |
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Banks is centralized and a partner of the government who doesn't have any control over digital currency which is decentralized. So, I don't think if one day banks will work with cryptocurrency. If ever it will happen , then it's good for us. It's more likely that government will also legalize the digital currency.
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I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
For me, if I think I already gain profit, then it's time to sell my coins. Even if it goes up even more, more than the price I put in, the important thing is I earn. Don’t be greedy because it won’t help you earn instead it will lead you to a lot of losses. |
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"Buy Low, Sell High" is always my strategy both for short and long term investment and trading. I also prefer to use spot trading because it is easy to understand rather than of leveraged or future trading which is too risky if you don't have enough knowledge about it. I enjoyed in spot trading and just analysing the graph to earn profit either it is a just a small %.
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How did a man -made digital currency become a force of nature? Bitcoin was created by Satoshi Nakamo in a software as open-source code and not just came from the elements of nature. So, you can't use the word "Force of Nature" because it will give wrong meaning and understanding for bitcoin. Bitcoin is unique and it is a treasure that we should give importance and support.
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