Is never too late to buy Bitcoin particularly if your intention is for investment purpose now is the right time in my opinion. And those who bought when Bitcoin value was a little below $3000 can take profit now and reinvest again to maximize more profits.
Exactly you were right dude, never too late to invest in bitcoin as long as it is highly volatile you can see your profit was there if bitcoin will rise up in the market. Luckily if you have bought bitcoin last few months while it is in a bottom position and surely now even a small spike you can see your profit was there how much more if bitcoin will reach even 4.5k dollars by next month. |
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It went from $3,795 down to $3,665. All in a matter of seconds. I wonder why and what happen.
All my trades are up and hanging. My whole Binance account is now waiting for the rebound.
You guys doing okay?
we are all stuck actually. But I'm not worried about this situation because i already bid the very cheap price since bitcoin found the real bottom price .and i know soon there will be a good performance again. But probably i will change my strategy because i don't want to become disappointed again. Well, we are the same situation here and the same as you I had also purchase bitcoin a month ago when it is at a bottom price. I didn't put all my fund in trading I set aside 75% of savings and 25% of trading. On this strategy, I can stop for a while my current trading now and reopen again and by this time waiting when the market has bullish trend again. |
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To prevent fraud regulation and laws must be in place in order to checkmate individual from perpetrating fraud, for companies and organization a control mechanism must be in place, organization must ensure a decentralization of portfolio that tends to reduce the power allocated to individual. For cryptocurrency to prevent fraud individual must ensure its own security.
I definitely agree with your opinion mate. Fraud is everywhere and it strikes at any given time. We are all aware of it and I think the only solution for that is regulation. We are tired of government intervention but they are the only one that can stop it though we ourselves may prevent it and the safest thing to do is just be careful. Fraud can be prevented as long as we are aware of what we are doing and will never takes any chances of being a victim. I half-hearted with having regulation by the government, probably more corrupt politics will ride on that. The best thing I guess is the ICO having filtrations of their project come. They must have an investigation or something requirements before the project can launch. And that case it will lessen the number of scam and fraud project. |
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Don't think too much ahead of time still, you are predicting the future market that there's nothing who can tell the exact happen.
Don't bother your self on that besides, just prepare for the possible happen. We are waiting for that bullish trend but as of now just try to go with the flow.
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Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?
Keeping funds in your account is wrong. This applies to any platform, you must remember this. Bittrex is known to block accounts, Binance also does this, and you can also be hacked. Keep coins using a cold wallet is the safest option. As for exchangers, I use services without registration, it is fast and safe. At the moment it is ChangeNOW, perhaps you should check it out. It's a traders choice is in Binance exchange I also currently used this exchange so far so good. Always choose a reputable exchange than shitty one to avoid exit scam just like what happens on cryptopia exchange. Regarding your storing fund, always used hardware wallet and if you trade on exchange only a small amount that you can afford. Remember, don't put all your eggs in one basket. |
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My Bitcoin was also hacked by hackers, and it is from Blockchain. I did not know that if there is a private key then any blockchain account can be accessed. So some hackers took my private key from my blockchain account. They asked me to open accounts on different websites to take my own private key. I'm just new in this line. So I started to open accounts on different websites without thinking about it. As a result, I lost my blockchain account. From then on, I would never ever share my private key with anyone. My mistake caused $ 50 because of that mistake. Hackers had hacked my blockchain account.
It was my really bad experience.
We've got a lesson to learned here, sharing your private to someone then your bitcoin might not your's. I've used a blockchain.com wallet for almost a year but I didn't have a problem with this, maybe I am too careful who's my dealing with. Even joining airdrops I don't use my main wallet on that. Web wallet is not safer to store bitcoin because there's a possibility that your malware could be a hack. But if you are planning to used that web wallet just buys another gadget(tablet) that clean to avoid possible hacking or why not hardware wallet for sure safe. |
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Friends, how do you find out fake news? Do you think he impact of this news hinders the development of the market greatly, or the rates fluctuate only on major hype and fakes do not prevent the market from going forward?
It definitely sure have an impact upon the development of market because there are some people who easily believe by some news. There will be always some people who eager to destroy the image of bitcoin due to their bad experience or some sort of things. I know its hard to tell how great bitcoin is but we shouldn't force the things they don't wanna hear. I think that is the reason why it is easy to manipulate the market price of bitcoin because some people are relying on the news to gather information. Probably also author got paid on some whales who want to manipulate the market IMO. Yes, it has a big effect on the market and I think people get easy to be fool by them. |
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So imagine you have 5 heads of the top country in the world a firm believer of cryptocurrency do you think it will fasttract adoption of cryptocurrency, imagine the head of USA, CHINA, JAPAN FRANCE, GREAT BRITAIN are a firm believer of Cryptocurrency do you think it's the start of something huge for the crypto community.
Well of course their decision would be a big influence to other countries especially those who still are against crypto use. The fact that you included china would already be a big boost since most of these 5 countries ypu've mentioned aren't really against crypto except for china. It's going to be a big step towards mass adoption. If ever that will happen Bitcoin will have a mass adoption because some low profile country will go to the next step of their ahead country. Which means they saw the progress of big impact on it, most likely countries are their goal is to have progressed in economic growth and since Bitcoin is proven to help people speaking of financial problem and surely they will follow too. |
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Stopping lost is sometimes are worth it because people who do way to cut their losses if the market really dump peopleare selling their coins but not mostly it is good because for sure market will get backa again the value and you will not get money because you stop your losses once you take a risk possible get mode money.
You can stop losses if you have stopped in the middle of the dump trend, and wait until the market bounces back itself. Rather than panic selling and cut your losses it means you've accepted your lose and you can't recover it. Sometimes we can say that it is worth it but no you've already a loss. |
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I think he is not one real person. There must be a group of people who is coordinating this system like anonymous. But it is right that these people have lots of coins worth some billions in total.
That issue has been discussed here before, we don't know if Satoshi Nakamoto is a group of people or just even a single person. No doubt if the founder had a lot of bitcoin because of he/they are the first who spread this kind of digital currency and now it has still existed and very well known currency. |
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Unexpected movements and many people lose because they don't take their situation well. But many also have the advantage of the situation, so learning about bulls for a moment makes us more vigilant and continues to follow the market so that it can rely on well on.
Whatever you make more vigilant but the market still unpredictable you don't know the possible happen on bitcoin near in the future. Just like what happens a few days ago, with a rapidly small spike and after all, it went drastically dragging down. So, no matter what happens in the market we must get strong in holding our crypto and do not easily panic selling. |
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There are so many in China that steal and don't get caught
That is simply to say , "all days are for the thief and one day is for the owner". He has been caught and penalized maximally which is meant to scare other intending thieves away. He must have violated a section of the Chinese law or rule whose penalty is also known or inscribed therein. Yes, I agreed with you, probably there's one time that they are caught and penalized by the authority. Not now, but for sure time to time they were busted and jailed for how many years. Stealing in government property is easy to trace them so, that is not a good idea at all. You can work hard without stealing that makes ruined your life. |
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the sentence that always exists - not your keys. not your bitcoin - shows it over and over again. much too careful rather than losing.
but if this is really an inside job then it would be another huge setback for the crypto world.
Yeah, you're right, the reason why people afraid to store their crypto asset on exchange it is because on that scenario, unlike if the exchange is a reputable one. We can't assure that our funds are safety on exchanges. Cryptopia is a shitty exchange before hacked has happened so that is expected an exit scam. |
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OP, that's just an attempt at controlling an uncontrollable market. The whales run this show. You are along for the ride. Unless you have thousands of bitcoins and know what to do with them, it will be very, very, very hard to make any impact in the price of the markets. The only real way is mass adoption and people actually holding long term and refusing to sell. Adding a max sale amount to any exchange would just create a horrid user experience. Your suggestions go against everything bitcoin stands for.
This is true, Bitcoin must have mass adoption not by controlling traders in the exchange. People who are not a real enthusiast are refusing bitcoin when the price is low, but if the price is too high that's the time they grab the opportunity to buy bitcoin so that they have a quick profit. The fact is that they only want profit didn't know the real value of bitcoin. Controlling price on the exchanges is nothing. |
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I also didn't expect bull run happen because I didn't hear any good news related Bitcoin that might cause a bull run. Then the things that come up my mind have just happened now. See? it was a bull trap with a small spike in the market but they can't earn if we are strong enough of holding our purchased coins in our wallet.
Patiently wait again when bullish trend come.
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It still takes a long time to realize bitcoin replaces fiat. There are still many things that must be taken into account. One of them is the legality of bitcoin in each country.
Nothings different thing if you've chosen them both instead of selecting just only one currency. Bitcoin currency is a digital form of money you can use this in internet transactions only, while paper/fiat money can use to buy small stuff. They are both useful and have pros and cons and I think as of now bitcoin will remain Bitcoin currency not a fiat. |
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There is no doubt to the fact that the price of bitcoin went down drastically from the height which it attained in the past. The market for some time now, seem to have had its support at the 3k range, which is now climbing upwards. Having the market moving upwards, is a good sign that better days are ahead for the digital coin.
On this movement of the market now many investors I'm sure that they are happy, all they want is to spike the market from the deep price and I think this is it. We don't really know the possible happen on the market it seems just a week of spiking bitcoin from the range price of 3.5k dollars and now it is 4.1k dollars, so impressive isn't it? |
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<...>
If bull will overtake, the price will surely boomed.
Yeah sure, it will be boomed if this current price now will be continued rising up. But there is a significant if we heard a piece of good news that might be the reason for spiking price in the market. However, I'm just afraid if this will end up with a bull trap, well, I hope that is not, all we have to the now is watch the market and patiently wait for the aiming profit that we wanted for. |
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I am really impressed with this post it's a very informative though, being anonymous on the internet is a good intention but as what they have seen cyber crimes are increases that's probably the reason of implementing KYC and also KYC can provide to people safeguard to avoid of being scam. But both sides have pros and cons we could not compare these two options.
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<....>
I realize that this situation will be riskier since no one will know where the price will go. Only with deeper analyze, we can try to make a buy and sell, but if we cannot make any analysis, then it's better to leave the market for a while.
As what you have replied on this now Bitcoin price is now 4k dollars crypto market price. Yes, no one knows and now I've seen the market painted with green colors and I think if this is not a bull trap we are now started on bullish trend which is all people want. And we hope that the price will not back to the bottom range which is very sad to know. So, therefore, no one expected the price on Bitcoin. |
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