Is there any ending or not?
I believe by now we should not thinking about bitcoin ending but we should be talking about how to be part of the cryptocurrencies future. The current market capitalization is a sign that bitcoin and cryptocurrencies is not going to die and that if you have them now you are going to be part of the future.
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A lot of people are earning some good money in crypto trading. Besides a lot of people are losing some money also. Now I am pretty much confused. I want to start my career as a crypto trader. Should I start or should not?
Please share your thoughts and experience and help me.
You should know that trading is a very risky venture and before you should go into it you should first developed your skills and knowledge on how to trade professionally. You will lose if you don't know how the market work and you will gain if you have trading skills that other did not have. I think cryptocurrencies trading is one of the Best profession you can develop now.
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5 november.. what do you think will say SEC regarding ETFs? I expect the will say NO again.. but dont really think prices can drop much more.. 200$/ETh seems already ridiculous to me
This ETF has affected the market more than governments banning and hacking activities combined. I wish the sec should resolve this issue once and we should not been seeing this fall in pricing when ETF is been rejected. I expect ethereum not to fall further again and that the bullish trend should resume.
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I really hope this winter will bring something special in a good meaning. Everyone is tired from this red market I think and this cold snow must bring us the chill.
Patience is the key of this market and I will say you should not be tired about the state of the market as this pattern has happened several times in the past and after the bull run we may experience another huge correction again. The winter always comes with price increasing.
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It worth investing and many people has investing in cryptocurrencies especially altcoins and you will do yourself good by investing now. However you have to look and study very well on the coins you desire to invest. Many of them are not currently doing well and invest on those coins with higher volumes and capitalization.
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This is the kind of news that do influence the market last year and I also believe that in some days to come this is going to push bitcoin upwards. Many good news are out there this days and those news are going to be transmitted into upwards price movement in weeks to come.
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I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state. Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline. Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
No one can really said the time of the next global crisis as I relate the crisis in term of rate and not time. To me we are currently in crisis financially and to some extent that is global financial crisis. If you will agree with me the more we look at time the more crisis we find ourselves in.
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I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / Btc and stop if and when surely it will go above that level. Basically i' m taking advantage of BTC "cheap" prices to speculate on the future value (probably a few Years) for future spending, selling, or simply storing it. What do you think about it? I want to set a limit somewhere and i think if price stays above 10.000$ it will mean that banks and institutions will have entered the market already and i will simply enjoy the profits. Does it seem like a good plan? i really believe that Bitcoin will become very very valuable in the foreseeable future.
Nice is a very nice plan you are having and if you have other sources of income then you are on the good root. I believe that saving is what prosper us as according to clement stone "if you cannot save the seeds of greatness is not in you " we must endeavour to save and be able to keep to our savings plan.
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I think ethereum can reach $1,000 again. That has created a part to that level before and I think it is going to repeat the same again. I also believe that $1,000 is not the benchmark and the future is still there for ethereum to meet-up.
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I am speculating that bitcoin is going to break $9,000 in some weeks to come and that will happen because bakkt is going to introduce future trade and always bitcoin do get bullish at the end of every year. I believe that bitcoin is going to get bullish and the bottom has been touched.
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Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!
One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.
How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?
I am buying and holding and investments is the best way to go now than trading. Traders are making money but those that are holding are going to make good money in future. The future of cryptocurrencies market is very bright and if we want to be part of tomorrow we should invest now.
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We should focus on enlightenment and reeducation the society about cryptocurrencies and blockchain technology. This current condition of our financial system is not encouraging and we need the system that is transparent, decentralised and speed.
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I think in January 2019 , we would be talking of $12,000 or $15,000 in bitcoin pricing. If all things been equal and the summary of the people predictions happened then now is the right time to buy or invest in some of the cryptocurrencies that are currently very cheap.
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Bitcoin is getting stable this days and this is a sign that professional has started coming into the market. We seriously need this stability for retail and wholesale business to adopt cryptocurrencies. If price is not stable bitcoin cannot be use as a mode of payment for good and services but if it is stable people will be happy to used it.
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To me the future of cryptocurrencies is very bright and I seriously believe bitcoin is going to be the future of money. I think we are going to have a very highly brighter future and bitcoin is going to give us great return especially those that can be able to hold it for long.
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In market capitalization I agree that other coins might beat bitcoin but in pricing I doubt if that is going to happen. Coins like ethereum and ripple has great potential and if other coins disappear in future ethereum and ripple are going to remain. We are at a time when every about cryptocurrencies is undecide and seriously believe in future.
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Bitcoin might go a little above $15,000 before December 12. Many speculators are saying something good about this bakkt and we hope the way we enjoyed pumping in price of bitcoin and others cryptocurrencies last year December will repeat itself again.
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Seriously I agree with you and 2018 is actually the year of correction and it is very important we should know that. For the traders now provide us with another opportunity to buy and hold for long term. I believe if you can buy bitcoin now you are going to make good profits in years to come.
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We did not see any bull run since July tell now and I just believe that this year is going to be a bear and also a year that we are going to remember that bitcoin refused to died. This year alone bitcoin has received many attacks and in all it is still existing. Now is the right time to buy and be in profits in future.
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Bitcoin ETFs can be a bad idea because of the bitcoin whales ..I will prove my case.. If i own a million btc plus millions in cash what i do is buy loads of bitcoin raising the price meaning i sell my bitcoin SOME of them not all to make a profit from the bitcoin then sell my bitcoin and bet on a low turn on another ETF site see how easy they can fix the markets with loads of bitcoin and cash.. I can do it the other way around if i so wish example.. I sell loads of bitcoin and bet on another market for bitcoin to go down i make the profits from the sale of my bitcoin plus the monies off betting it went down then i buy back all the bitcoin and bet it to go up and win again and again and again.. I told you all in this crypto space the only fair way is a fair distribution to the many for a fair way of practice.. If you do the math if someone as way more than you and no one else can ever get to be as rich as you then you hold the world to ransom .. Yes and i can understand why some with many many bitcoins love this because you lot can be the daddies and what bad daddies you would all be.. Why you say?..Well just think if no one in your country paid tax then how will your country build a motorway for your businesses to thrive ?.. Imagine no one paid tax what will happen? remember no one paid tax.. You can have toll roads to pay for these roads? so how free is everyone then ? well only the rich who can afford to pay .. So now i wonder how free will you all be with no one paying any taxes at all?..Just one to think about.. Oh the point was because most who are into bitcoin hate paying taxes then what happens if no one pays any taxes what will happen to your country?.. You have a very good case and reality the whales are going to manipulate the market out of sec control. However, we really need the ETF to bring bitcoin into lime line as investors has reacted to this ETF issues several times and that has affected the market in the most negative ways.
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