I think this is not the reason why the price drop again and i just read one article and they said it is because china was planning to kill most of the bitcoin mining that i think it can impact to the price today. But there are still traders are buying more bitcoin while the price is cheap. Well honestly this is just a normal for bitcoin anytime soon we will see the price back to normal just wait for great news..
Yes, I was expecting the climb to last longer as people were buying cheaper Bitcoin and cheaper alts. Took me by surprise also. Hey, maybe it is just the Monday blues, plus this is the period almost everyone is finally coming back from winter holidays. I know that for years Europe and America take an extra week off after the new year, because of winter break for school and the timing sounds about right. Maybe a lot of people overspent on holidays and just need to sell off a bit of crypto to plug back their finances.
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Welcome ssp1. I have a feeling most of us are not native English speakers, and those who are do not always use good English so that is never a problem on this forum.
Your 3 weeks performance is not just not bad, it is very good. Where else in the world can you do a triple profit?
Do not let the mistakes make you regret, or make you try for more. You are in a very good place already.
As you can see, day trading is very risky, you make some you lose some, but I feel the stress is too high to do it continuously. My advice now: withdraw your initial 1k deposit plus 1k more to say that whatever happens from now on, you are in profit. That still leaves you with more than 2k to trade, and that is a lot!
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One of my favorite coins. I bought it in April, and for the past year get income from it. I think she has all chances to grow back very well. The only thing that compared to some other coins, its growth is not very fast
You obviously must be talking about some other coin, because "she" is not going to grow back, going back for Stratis is going to be bad news (you realize it has climbed up in value right?). Stratis is a long term hold by any judgment, it is a platform and a solution that first needs people to adopt it. Not just users like you and me. Enterprises and projects need to stop looking at ERC20 and see others like Waves and Stratis as the go-to solution for blockchain projects. In that sense, "slow" growth is good, we do not want wild climbs that will end up in crashes.
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Long term speculations show that Vechain be in Top10 coins. That means at least 10x grow from current price. When whole crypto currency marketcap rise this will be affected, too. We can even see $100 in long term.
This will very likely happen. See: Everybody tries to find a project, which will survive during the next years and maybe some bubble bursts. VeChain has a real world use case, real partnerships and is operating already. Their business model and business case is working already. Their products finds a lot of attention and they will publish partnerships over partnerships. VeChain is one of the few project, which I believe we will still see in 10 years I think this year will be the first year that projects like these will struggle to compete with each other. Everyone in crypto right now is thinking like a speculator, but also thinking that their coin will for sure hit the hundred dollar mark within years. That is, the holder mentality that thinks every coin will eventually go to the moon. But yes, some bubble will burst this year. And then holders of big coins will see super crashes, some even to zero I would say. I never heard of Vechain, but perhaps this is the type of project that survives. With a working product to take them through.
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Can it reaching 1$ or it just another pump dump , what do you guys think?
As long as on CoinExhcange and Cryptpia there is a DOGE market it has a future I have traded there and made tons of money. I know there is a new one on Bluetrade or something like that but I have not used it. Also it's on my nano ledger s i stored 140K in reserve just to use for trading so as long as they don't mess up the code and there is a community that likes the coin we are doing good! That is my 2 cents. Personally, i have a strong sentimental attachment to Dogecoin, and I believe most of the community feel the same way. It feels strange that in the past, newcomers used Dogecoin and liked it, but now everyone seems to consider it a shitcoin. Firstly, yes, there is always a pump once a year, so I feel that the $1 mark will eventually come true (but first, 1 doge to 1 cent is going to be a huge landmark). Secondly, the development is quiet but not yet dead. Once they suddenly wake up, do not be surprised if it goes back to 100 satoshi, and then runs towards 500 and 1,000.
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Ethereum was the first digital coin I ever bought.
It was back in May last year, and Eth was at $80. We crossed $1000 today!
What this shows is growth. Exponential growth of a new disruptive technology which is already changing the world! If you are still sitting on the sidelines and waiting for some kind of authority to tell you what to do, you're just missing out on everything.
This is the biggest redistribution of wealth in the world, happening in front of our eyes right now. I don't see this stopping any time soon. Everyone should be putting in at least some time to educate themselves about this new tech. Imagine, back in the 90s, if you knew how big the internet was going to be in 10 years. It's the same shit.
Well done to you, Ethereum holder. I am always open and honest, so I will happily admit that I was around even when I saw Ethereum at $20, but I entered crypto months later, well above the $100 mark, so probably not long after you. I did not buy any then, and not even at $200 but eventually I took exactly 1 ETH at just over $400. It i not too bad and I am happy I got in even though I never supported the coin before but I can accept that is has good value. Well done, see you all in a few years!
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Dogecoin will faill soon so every investor whose just invest in it should sell this coin and invest in diffrent one as fast as he can.
Actually, I hardly think Dogecoin has many investors. Just miners who hold and holders who look for more to hold. And that is a good thing for me about Dogecoin, the community does not care that it will never truly moon, and it may never be the banking future or the disruptive tech or the everything of crypto. Doge is an ideal, one of the few alts left with only the ideal to cling on. So yes, investors lose your coins and invest in another. Let us have the Doge you do not want.
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I personally don't believe Dogecoin will become a market leader again. It has been pumped before, and as you can see in the graphs here https://coinmarketcap.com/currencies/dogecoin/ it went down again. It has been at this price before, and I believe it will go down just like all the previous pumps. I wish I had bought some a while ago, but there's no utility in buying it now. Yes, I think we all remember about Dogecoin trading above 100 satoshi for a month or so. But I do not think this enough to justify that the coin is dead like people have been insisting for so many years. Fiat wise, Doge is not only holding but climbing, steadily. And all this without development restarting. Imagine what Doge will look like if the devs finally got their act together. And if there is going to be a pump, which has happened every January, it has not happened yet! So, if you like short term gains with short term risk, I would say Doge is a smart buy now. Easily 100 satoshis again very soon.
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Ordinarily, one would say after reaching such a high at 1,000 dollars, Ethereum should run out of steam and stabilize before moving on to the next target of 2k. Then again, this is the wonderful world of crypto. In December, Ethereum doubled from around $450 to $900, so to double again in seven weeks to $2,000 does not sound like out of the ordinary. ETH is heavily in demand now too, and is still trying to scale with 2.0, so even the newcomers can see the growing potential for Eth. Maybe not in February, but this coin is still moving up for sure. And that is coming from me, not an Eth supporter!
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Well, no harm in taking part in a contest, with nothing to lose and a lot to gain. I am not certain if we can do more than 1 post, but I would suggest OP that one person allows only one coin, and must submit a brief explanation of why. Otherwise you get a lot of shills trying to spam this thread with some nonsense coin!
In that case, my pick is Elastic, XEL, which has suffered so much since I got in around August last year. A lot of people said it would be the year to break the 100k satoshi barrier, but as you can see it cannot even recover to 20k satoshi. So, XEL = 0.00100000 BTC by March, to take everyone by surprise.
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On paper, a lot of alts can reach BTC value. On strength of technology and potential, 90% of alts should reach Bitcoin price, and should challenge. But we live in a crazy world of crypto where value seems to be on the decision of speculators rather than "intrinsic value".
And as much as I used to be very disagreeable on Ethereum, nobody can deny that they fully deserve already making an ATH at $1,000 - and even if it failed to keep above it, this is already very significant achievements.
But will it reach Bitcoin value? Nobody knows, my personal feeling is it will never. But that is not a problem for ETH holders I am sure.
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I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto?
Really, as bad as that? I think it is not an addiction to crypto that causes it but because of despair over the loss of all wealth. Seeing a promising crypto investment so people will think they can gain wealth by investing all their money without studying and considering the risks first. I agree that crypto is a good investment opportunity but I never once used my money for it. I prefer to find crypto with bounty, If i get it, sometimes I hold first, sometimes I sell immediately. This has everything to do with trading addiction, but little to do with crypto. If anyone reads history, especially in the US, they will see where the terms like Black Monday originates from. Previous stock crashes especially saw a lot of suicides. Basically these are traders who gamble on stocks, and then get caught up in the crash. I suppose the same can happen with crypto, but it is hard to believe anyone lost all his money in crypto trading. He must have invested in very bad, very poor cryptos that go bust.
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Best way to find out where to buy it is coinmarketcap. Just go there, enter the name of your currency/alt and click the Market tab. There may be other ways to buy an alt, but if the place is not listed on coinmarketcap, then I would advice to stay away, since this means there is very little volume or the exchange is not recognized well enough. Or, just go to the developer's chat or website, usually someone is happy to sell you some with escrow. Why not try mining these new coins also? They are usually quite easy with GPU in the beginning.
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Hah. I knew all that talk and rumor was just hot wind. We all need some Coinbase insiders to help us have insider trading yes? But then again, I would not trust 100% what Coinbase says. Remember when they first said, hey we are not giving Bitcoin Cash. And then they changed their minds and said okay we will give it to all users in 2018. And then they suddenly opened it for trading in 2017. And then apologized and said all sorts of things. Basically, they can say anything, and do anything. The two things do not have to match each other.
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ASIC proof is not possible with any alt. Eventually, someone somewhere, with the correct determinations and hard work, will always find a way to mine ASIC resistant coins a lot faster. The point of ASIC proof coins is that it is much much harder to develop ASICs for it.
You are absolutely correct about the transaction speed - BUT, the time to get 1 confirmation does matter. Because as soon as you get 1 confirmation, then you know the other 3 are coming quickly. It is the same difference I know, but I guess what is important is people sit around waiting for 1 confirmation. Security wise, yes, it is pointless to tout 1 sec confirmation if you need 1000 confirmations.
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I have been analyzing coinmarketcap.com and ICO statistics and found out that most coins averagely increase about 1000% within 3 years if they are still alive and trading. I am concluding Crypto currency can make us millionaire if we have patience and hold our penny tokens bought or acquired through bounties for about 3 to 4 years . What do you think of it , do you agree we can be millionaires with patience with crypto ?
Well, the very first thing you have to understand is that it is because those coins have average such high growth that they are on coinmarketcap. Coinmarketcap also is not very accurate! A lot of markets list a coin's starting price from the moment they begin trading or listing on exchanges, but they ignore the price of the tokens during ICO (yes, most of these coins were ICO coins). A LOT of ICO tokens cost people a lot of money, and the price that started on exchanges are much lower than what you needed to pay at ICO. Another thing, you may be looking at fiat value. Very hard to find coins that grew also in satoshi value. Coinmarketcap also does not list a lot of coins that failed. That is, abandoned, if you had them, no one would buy them from you even if the price is listed as such. So no, no such thing as guarantee rich.
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Elastic (XEL)
Oh wow haha. I have not seen anyone mention this gem for a very long time. I mean this half seriously, half sarcastically. Some months back, some supposedly very famous people talked about XEL, 100k satoshi minimum before 2017 end, high probability of 200k satoshi etc. They probably never saw Bitcoin breaking past $5,000 though! Anyway, I bought some, it still has not even recovered to half of the Bitcoin value I bought them at, but I actually think this is a very long term buy.
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Ye stellar will just follow ripple pump mostly because of speculators and because its a nice coin also
So the current prices are result of a pump? or of the news regarding the banks adopting XRP? Yes and no. They are both definitely due for a bit of a correction, but then again they could just rise up even more before correcting, and then today's price may be the good entry point months from now. The news on banking adoption has definitely fueled XRP's growth recently, although speculators probably do not realize that it is just banks adopting similar tech, not actually Ripple itself. Stellar has been steadily increasing their presence so people will say this current growth is a long time coming. A lot of holders too, since it was an airdrop.
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First of all, everything depends on the user's security skills on the Internet. Even a bunch of antivirus and firewalls will not help you steal your mail if you do not follow the basic rules. Go through suspicious links, always check the site address in the line to avoid phishing
Agree and disagree. Security and safety of funds starts with user practices and behaviors. Think about the very basic security features of cryptography in cryptocurrency. It is already so difficult (actually impossible today) to crack a private key. But the OP is talking about using a centralized exchange, where you have no control over private keys, no control over your funds. They can access your coins at any time, and run away with it at any time. You cannot control this. Whatever it is, your funds are NEVER safe if you do not control them.
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Whenever I see this kind of threads, it makes me wonder. If you can make that much profit in one day, why on earth would you want to advertise the strategy?
If you can make even 100% profit, which is a third of what you claim, all you need to do is pump yourself 10 days in a row, and you will turn 100 dollars into more than $100,000. Why not just do this, be rich, and you never need to waste time again advertising and managing pump groups?
The answer is, it is most likely a scam. Avoid.
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