In the cryptocurrency trade there are certainly many strategies that one uses. It depends on someone's interest. A combination of buy and hold strategy with daily trading strategy can provide many advantages if we are disciplined and patient.
I will say about the strategies I am following in this market are two; one is to follow the basic market rules and guiding principle which keep me alive in the market and another is the buying and selling time but I use not full amount of my wealth but normal amount which is my management to look for other works as well. These two are very important for me and without looking these two major strategies one can not survive in the market. |
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I think it's not yet "game over" for bitcoin or bitcoin is a bubble. I think that this currency as more things to prove on its part and might be a subject to success for those who invested in it.
To be honest, if it were a bubble, it would not have attracted so many investors into the market and would not have developed such a good market cap. The status of Bitcoin among other crypto shows its strength. Besides, it has been accepted in almost all countries around the world except few. Can be used as a medium of exchange as well and one may pay for a car bought in deals on wheals in Bitcoin. |
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I can say it's more than a half year ago. Right now? A BIG TRAP! You need to stay away from it and live a healthy life right away baby. Crypto is not stable now!
I agree on this that crypto is not stable right now. But don’t you think you are just seeing one side of coin? There are hundreds and thousands of stories of traders who haven’t anything with them. They got loan from someone and got in here. But then later on, they were like so much happy with this bitcoin and other crypto because these all coins helped them to enhance their living standards. |
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Both offer excellent investment types and have excellent market share. So actually, the more people who believe in a coin then a coin will have a good level of market resilience. So everyone in the world will definitely trust Bitcoin and Etherum as a coin that has excellent electibility in the crypto world.
Both are well profitable investments if the person who is investing is having knowledge of the market and can survive in the market. right after you need to choose the Bitcoin for long term in order to get more profit while Ethereum is also favorable for long term but you will get lesser profit than that from the Bitcoin and this is due to the difference in the their market values. |
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Yes I think that is the way it works in most of the countries. Because there is no way to track the earnings from the mining as long as miners do not take out their money into banks then its almost equal to untraceable. This applies to almost every way of earning as you have mentioned up here. Even I am paying my taxes according to what I earn in the crypto currencies. I have paid this for two consecutive years and happy with that one. This makes me feel good whenever I am making any transaction from the crypto to bank then I confident about it.
You cannot earn a fix amount from mining because it is related to the price of the coin you are mining. If the price increases you will earn more, but if the price decreases your earning will also downs and the government will not be satisfied with the ups and downs in your earnings. Fix amount of tax will be a burden on your shoulders. |
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Let's say you bought a bitcoin for $1000 in January 2018. <Just an example, not the real price at the time> So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments. Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment. Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years. So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on... Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.  ..... You might end up with a bitcoin worth $100 in year 5.  Its just because of bitcoin whales. Bitcoin whales are the real reason why bitcoin price is pump and dump so if you see that bitcoin pump and dump you should wait until the bull and it is a new. The first is to give up again this year, right now is to invest, the best cryptocurrency in our beloved. Small corrections are no problem for bitcoin investors but huge pump and dump destroy small investors. They lose all their money and they never think of investing again in bitcoin. With constant growth the early investors made thousands of dollars and now they are the richest people of their community. But now the price is volatile and due to this volatility many investors lost their money |
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please tell which is best coin for long term investments
[/b][/i] In my opinion the best coin invest both in long term and short term trading is the cryptocurrency found in the top 10 of coinmarketcap. Avoid investing in new ICO and other newly launch cryptocurrency, most of them are being dump by hunters and will only rise at first then turns to an unimaginable price later. Yes, you are right option already the prices of those first top 20 coin in CMC has decreased a lot. So it is good to buy beacuse the values of those coins has decreased a lot. If you buy and hold them for certain period of time you will make much profit. It really doesn’t matter in some scenarios that what is the coin in which you are going to invest you money. Right now, as you have told, every single coin is down. Including bitcoin, all the altcoins are down too. They all are facing biggest dump of the time that is lasting for like six months. But don’t just worry, this is best time for you to buy bitcoin or any altcoin and wait for high prices. |
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What could be price of bitcoin in next month ?? $5k $7k $8k $10k $15k or $20k Predict please   I hope that the price will grow to $10k dollar soon but in the state of the market today, the prices of bitcoins might increase even more if most of the people will prefer on selling their coins so the best thing to do today is just to hold our coins. The future price of the Bitcoin is unpredictable and gives the future value with uncertainty and this is due to the changing factors of the market. The market is not stable and not showing a constant increase so we can not predict the accurate value. However the future average improvement is easy to predict by calculating its average factors will give us the future improvement. |
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Very well say @1Referee
Multiple times I said people should stop to consider Bitcoin as their investment because it isn't. Satoshi didn't create it to make people rich, it isn't the ideology he had. This is also a reason we see govt. institutions and banks not so welcoming Bitcoin. Imagine without this, Bitcoin would be a lot more accepted worldwide (and why not the bank itself). People slow down the Bitcoin adoption by considering it as an asset to speculate on.
The same thing for people saying again and again Bitcoin is dead, Bitcoin is in agony and so on. For example look at all the posts similar here on the forum. What the newbies interested in cryptos read all the negative posts, they just turn away from Bitcoin.
Bitcoin is a currency and should be used as it.
Yeah you are right that the aim of bitcoin is not making more and more money but the problem is this that if the profit is deleted from bitcoin nobody will invest in it. I do not want bitcoin only for using around the globe because I do not travel and I also do not shop outside the country. Investors just look their profit and not the other benefits of bitcoin. |
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all you have to do to ease those feelings is to get used to the bitcoin movement and that's what I do and I agree, worrying is normal especially if you hear negative news about bitcoin but if you notice how many times the bitcoin price drops but still manage to rise again
Do not worry about the market conditions and its low price but be optimistic and try to invest more the reason is that if you monitor the market the value increased from yesterday and the value today is reached almost at 6.8 k dollar. However the value is still low and we can move forwards for further investment with the increase trend of Bitcoin we observed today and expecting that this increase trend will soon lead us into a high market. If you are impatient you should not invest in cryptocurrency because there are two conditions for crypto investment, patience and courage to bear the loss if the price falls more. But I think there is nothing to worry about it. The future is bright and the price will grow again. Little dip is for the time being and you will make handsome money if you hold your coins for some more time. |
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As of now I cannot say that I feel the bitcoin will rise because it's stable price right now if bitcoin hit 10k next few months maybe we can say that we feel the rising price of bitcoin. But still I believe in bitcoin so I know it will rise again anytime.
No one can actually feel anything as this market is always full of surprises and the only thing to ever do is to always accept it however it comes. One thing is that we have a pretty complex market in our hands, either due to decentralization or the idea of it being manipulated by whales but however it is, one thing I know for sure is that growth for this market is inevitable and whatever is happening now, really does not matter at the end as what is important is the long run. |
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Yeah, I heard about that, but they can not prevent us from posting news about cryptocurrency, they can just forbid a paid advertisement on their site
No one even forbade paid advertisement. Advert is still running on Facebook, Google and the rest but at least now it is a verified one most especially when it comes to cryptocurrency which I believe is a great move. Some in their imagination thinks it is an attack on cryptocurrency without even getting to understand the main reason why that action was taken in the first place. I see reason why people panic easily since all the do is read the headline and start assuming things immediately. |
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so it should be that way, so as traders have to keep monitoring the market movement to see where there is a chance to buy and sell it can look like a sniper who is ready to shoot at every opportunity when it is visible
in any case For a better trade each novice should begin simultaneously with theoretical and practical classes. Personally, I learned more in practice and at the same time I got experience from my mistakes. Success in only possible if you get experience first in your first stages of trading, if you perform trading process for some time then you will know about the tricks and processes involve in it according to the market situations. First you need to get experience and then profit is yours to keep, excellence will walk after you or will follow you so it is not difficult to get success from here. |
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I think IQ fact is a bullshit for me. You can not determine the intelligence of anyone with the IQ test. if you want to succeed on a work, all you have to do is work hard on that purview.
Lol. It is just one B.S measurement that some people formed to make themselves feel relevant. Everything like you said requires work and if someone with IQ peradventure thinks with a high IQ he can just hit the chart and start making trading decisions without learning, I would love to see how far he or she is going to have to go with that. Trading requires huge learning and it is important to always understand that no one can be good at anything at all without some proper understanding of that area. |
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Over time you learn that bitcoin is still in infant, hyper-growth stage. You can see that Bitcoin is getting stronger so price will have to catch up. It always does. Your charts are making you hysterical ;-) You just need to zoom out to see more clearly. You are still dealing with a super trendy top technology so you have to learn to filter out the short term noise.
Wall st is trying to dilute the conversation with altcoins and ICOs but bitcoin will successfully emerge as the top store of value coin and the world will then start to embrace it mainstream. If you want to help out promoting btc, you have to stop talking abt altcoins and focus the discussion on btc. That's my takeaway. Institutions are heavily accumulating btc and are investing in the technology if you haven't noticed. That's your best long-tern guidance of where btc is headed.
Yeah you are right. Most of the people around the globe do not know anything about crypto world and they will take long time to learn about bitcoin and Altcoin. So we should not be worry about the decreasing price of bitcoin. The future is bright and the investment cap will increase with the passage of time and thus the price will also grow, Just be patient. |
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Bitcoin this year prediction is around 25000 dollars to 50 thousand dollars seeing the last price trend we can expect the prices may touch in the coming future
I don’t think so because the previous pump was unnatural and was not according to market capital. Now the growth and fall is according to the investment cap and I think that till December the price will reach to maximum $10000. In the long future I hope that it will hit $20000 again but not sure how much time it will take. $50k is impossible to observe the market today. |
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If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
Probably its a great advice. Its better to be safe than losing your money. We have to be more secure if we can save in our personal wallet. This is not even a matter of probability as this is more of something that should be taken note of. Exchanges are centralized and if anything happens to them in a negative way, same thing happens to the user's fund which is the main reason why it is very important not to leave all that one has on the exchange to trade with or to hold. There are wallets that are decentralized which gives control of one's keys and they are far better when it comes to security of your assets. |
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we know many of the factors that make bitcoin fall and also we already know that many factors make bitcoin rise and high. bitcoin volatility affects all trades on the market.
I am still skeptical about the factors that make the bitcoin stable. please share your knowledge here about factors that can make a stable market!
Although we believe that bitcoin will be stable in the future but,they have also some cases that need to be implemented to make sure that bitcoin will be stable,like if bitcoin becomes more of an investment product than just a digital currency, the price of bitcoin is surely to stabilize, a huge of investment interest of bitcoin which attract to other investor ,so that beyond of this being a digital currency bitcoin should need to be respectable for stabilize, I am not sure why you guys are referring to stable as if bitcoin would be fully controlled. Let's not forget it is a decentralized market until further notice and we cannot see any form of stable price. However, with some regulations in place, institutions in the market with huge fund, I believe we will have some less or huge fluctuations that normally end up happening within a short period of time which would bring about some pretty good level of movement based on the reduction in volatility. |
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They follow bitcoin it is simply because most altcoins are in bitcoin's exchanger or market. When the price of bitcoin goes up the altcoins also therefor when bitcoins are dumping they also does. But some altcoins are in ethereum or tether exchanges that's hwy they are not affected in bitcoin's status.
Yeah you are right. Many Altcoin are changes with bitcoin and the market cap is influenced by the cap of bitcoin. It is not good and I am against this strategy because many investors have small capital and they cannot invest in bitcoin. They want to hold some Altcoin and if they are on the way of bitcoin they there is no benefit to invest in such Altcoin. It is just a waste of time. |
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Realistically, it will not happen tomorrow. However it will definitely reach above 20,000 by the end of this year.
Yeah whales can do this but only will know the coming price because they manipulate the market for their huge profits. Ordinary investors can only see the price chart and can’t do anything else. This is the big problem in cryptocurrency world. I don’t want any big pump in the price because many people decided to invest in bitcoin for low price. |
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