Damn hackers! Why don't they use their technology to do something useful to others? Why should we steal the fruits of others' hard work? Disgusting behavior!
I guess they will never stop as long as this space is concerned. Apparently, they would not want to see it that way and just the same way we have good people, we will always have bad people and this is the way the world works. However, it is really something that anyone who wants to be in the digital world should try as much as possible to get used to considering that the only way to be safe is to know how to be safe yourself. I would always recommend using Metamask in any occasion to login to MEW or at least using a hardware wallet which guarantees more safety.
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There are different time zones, for example , not to mention trading bots and so on.
Yes we are already aware with that. Every country do have their different time zones but that does not meant they arent sleeping anymore . You know , sleeping is verry essential to the body and we need it in order for us to become healthy and have an adequate energy that will fuel us for the next day. The term market never sleeps is only a popular saying or a quote that usually refer to a hardworking people or a business organization. Whoever wants to be following the market every time of the day without sleeping will actually need to tell me how they are really going about it ? The market is full of a lot of potentials and this is one of them, but it is better to always find a way to adapt since trading obviously will need someone with the right sense of mind and not sleeping because the market is not sleeping is actually not a good thing for anyone. I have noticed though that sometime even when I am sleeping, I am still dreaming the market as my mind is on my holdings. I guess that is the way the market is going to keep playing with our minds until we finally get used to it.
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If some country will published that Bitcoin will be there second currency and willing to coordinate to other country regarding this issue then many will be encourage to follow, specially when the proposal is good enough.
The question you should be asking yourself is that which country is actually willing to do that ? We are talking about the opposite of centralization here which the system of governance and banking of most countries are already accustomed to and we cannot just expect that to be given up for any reason. That is by the way. OP really made some valid point and it seems the idea of centralization when it comes to market movement is still in play anyway since the whales still control things for their own greed. So, at the end, some will always have the power to always control things.
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The total market cap of cryptocurrencies now is $356-B so we are already on it's 30% so there's 70% to fulfill to reach that $1-T market cap of crypto's.
It is actually achievable with the way things are going anyway. We are still way low compared to what the market cap may be in the future, nevertheless, we cannot say so much yet with how the market can still react in this year. We may have some slow movement which is normal but even if we do not get to see something like this in 2018, before 2020, I am sure it is something that is definitely realistic. Yeah! Definitely! A lot of supporters already joining in crypto world FOMO.
Well, most people that usually join into FOMOs are those ones that wait for bull run before even thinking of joining and that is the main reason why they suffer it a lot. The market is obviously not going to be waiting for anyone however, but at the least, we should always know that in the long run, the market is going to grow hugely than it is now. With the way bitcoin is already being perceived all over the world, things are definitely changing.
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Indeed it will be beneficial to long time holders of the alts. We need not convert our alts to bitcoin and incur fees then again convert bitcoin to fiat and again incur fees. This will really save us more of the trouble. But for newbies, most of their entry point is bitcoin. So this does not really benefit them at all. So the price of bitcoin i think wont really make any difference.
Yeah, for those who have a very strong project that will do well in the long term and for those who have project that would kick in real demand for it. It is good that Binance is really deciding to take this step and from the look of things, it would really mean a lot for the exchange itself in terms of trading volume. I guess this move to Malta is really going to be paying them off a lot. I believe there would be an evolution as well with the exchanges this year. Let's see how it goes. Moreover that announcement is really going to be a very sweet one for those who are holding good projects anyway and as long as reliance is shifted away from bitcoin, most of the altcoins should have a reason to be able to do well on their own. It is good for the market, and that should at least also bring in some maturity. However, I really hope that reliance won't still be there as most traders still have that perception of using alts to build their btc portfolio and if that keeps happening, we may still see that move following bitcoin.
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Most of coins will be worth as they are now or less or nothing. Very few coins will go mainstream and be used and will gain in value.
I agree on that few coins will go mainstream this because a lot of coins developing in a blockchain which are supported by different well known investors could be existed in the market with that, still there is also competing between each coins which we will able to wait coin in long term investment strategy. Obviously, even as it is, we are already seeing it that just very few of the coins in this space are doing well and those are the ones with good product and great team. A lot of coins will end up dead while some would end up bagholding them, and with that even some shit exchanges will end up out, and that would create some sane atmosphere for cryptocurrency in the long term. I believe in a great future though and the most important thing now is to believe in what you are holding.
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Just watched it live from go from $8940 reaching all the way up $9200 in less than 10 minutes while I was trading some alt coins.
That is always the thing with bitcoin. You should always expect some moves in the market even when you do not see it coming. So far, the bulls have really been having a good time with the market and with the way things have been going, this may actually be a market about to go test the $10k resistance and we have to see how we are going to be acting on that one. It is a good thing to see the market acting this way though as that shows some promising level in a matter of time. What is going on now? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Bitcoin prices are falling down right now I believe the strong support zone around $8600 will hold up which may trigger the bullish trend toward $9800 levels in coming days hence we may expect testing $10k levels by first week of May month.
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I’m not an expert on technical analysis, and I don’t believe in it either, but it seems to me that the downward trend has ended and we are on our way up again. We will find some dips on the way up, though.
Apparently, there would be dips, but technical analysis is not always that bad in predicting the movement of the market as some people have always said, but I feel you can at least use some discretion as well even with the whole technical analysis even while trading. However, the possibility of us hitting $9800 is possible if we can at least get to shoot past the $9400 zone and the reaction on that $10k may actually be a rapid one in whichever way the market decides to take from there. Breaking $9k was indeed a very good signal that the bulls have really been doing a great job in moving the value to this extent, but at the same time, the only time I get to see us moving of this and not expecting some further downward movement is breaking above the $10k and $12k which would of course cause some bullish movement. There is still a lot of time to wait anyway, so let's see how all these end up panning out but the market has been looking good, no doubt!
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Well obviously it will continue to rise. The past few months was just a normal crash, nothing out of the ordinary.
everything about the drop was out of the ordinary! it was nearly a 70% crash and it is never normal to see something like that even for bitcoin! a correction is natural but the size of it matters. the drop below $10k was last straw that broke the camel's back and basically removed the buy support but only temporarily. now that buy support is coming back and with it price is rising back up to normal levels. It was not really out of the ordinary, we should even say the rise in price itself last year was out of the ordinary and this was just the after effect of having a situation like that where nothing is driving a price except for speculations and people getting greedy. However, the market is looking good for now and we expect to see how it is going to end up doing in coming days. Too early though to start thinking of things too much for now, looking at how the market has been in the past few months.
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it's depend on you !! if you just want to spend your money on trading. that's right. but my suggestion is that if you look at it you will earn a lot if you spend all your money. you trade everything. that's right ..
Spending all your money to trade is the last thing anyone should ever think of doing most especially if you are not the type who is just considering how to trade before you end up wasting everything completely. Trading is a good thing that can make you a lot if you are trading with much but at the same time looking at the bigger picture without some knowledge is always going to be the worst move to ever make. $100 to $300 is good for a start and I have even seen those who started with a little lower than that to be able to gain some market conviction on their being good.
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How is trader life in the future?A trader is the country's wealth?
A trader is not easy you need to discipline yourself and you need a more knowledge about to be trader mostly in crypto because of you not study it will becomes a many loses. In fact, right from the onset is when the discipline must have started as you will really need to discipline yourself to learn as much as you can before you can even start thinking about it. Trading is not something anyone should just think it is as easy as it sounds as there are so many things that would make anyone lose so much in trading if care is not taken. Once you are able to start with that, it would be normal to know what to do which is where not getting emotional and risk management would always come in.
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What I can suggest you avoid this situation is to sell partial quantity and keep some then you can get a chance to sell at higher if prices go again high.
Also, if you have made already enough profit from your investment then we shouldn't worry about these things because we can't always time the market. Now you need to find other good coins to invest and make more profit.
This would help someone who is actually doing to be holding and waiting for some few periods to get the best value and also know what to look out for in case things are about to go awry. What you said may actually work great for someone who is looking for the best value hit in a potential market, and selling part of it would work. If the OP's strategy is a short term trade, I would suggest he should learn how to sell as much as he has learned how to buy as that is the two way street to any market and without it, mistakes like that would always be made.
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There has been a lot of talk about crypto addictions and depression, sometimes resulting in suicide. Do you think it would be a good idea to create a forum for such kind of help or advice, where people can voice their fears or just be heard and supported.
Despite you told there has been "lot of" talks about addiction, I may tell you - there were not. Everything can turn into addiction so cryptocurrency also. There is no need in creating some new helping tool - that kind of "crypto junkies" can go to basic center that provides help for Forex and other kind of traders that can't stop trading Investing into cryptocurrency is an investment and the last time I checked, if you get addicted into investing in something good as long as you are smart about your investment, then it is a good addiction which I would not classify as an addiction anyway. There is no addiction in cryptocurrency even if I am checking the price few times in a day or week, but your intention of checking is what makes it what it is. Some people are already emotional based on bad investments and that is the reason why they check the price every single time, but that is more like a depression than an addiction.
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With crypto, it does not need much skills and experience. You can easily make 5-10% in a day if you pick the right coins.
Well, even if you pick the right coins, doing things wrong will always affect you at the end of the day. It is not about picking the right coin; it is by knowing what to do exactly, considering the nature of the market and if you cannot do it right, you will always end up losing eventually. Trading needs huge level of knowledge, either day trading, short term or long term, and as long as that is not there, such a person will only end up more like a gambler. I believe day trading needs both luck as well skills to make good earning.
I guess that you have confirmed day trading is nothing but gambling. When you are considering luck is the deciding factor then I am sure you are considering day trading as a modified version of gambling. Skills make the user predict the market variations, but luck decides how much to be earned.
Due to high volatile nature of market within a day, most traders do fail to predict the end points of trends. That is the reason they do wait more or they do book profits so earlier. In both the case, I must agree our luck is the deciding factor which may be playing similar role of what it will do while we are gambling.
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Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it
If you want to be an expert, it is not about the money you are using to trade, it is all about your knowledge and it is good you have requested for that. You can make use of tradingstrategyguides.com as you will get a lot of articles on how to use TA and indicators to your advantage and other areas to trade safely and if you want to start trading, it is better you start with small to practice some of the things you have learned, give yourself time to see how you are doing, gain confidence with that before even considering to go in big.
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Investors and users adopts bitcoin for the reasons of the huge income that might earn. Yes reasonable for the rise and fall even others currency it should be fluctuates as the normal flow.
Well, this is the main reason investors invest in any market in the first place. We would not call it investment if there is no future, potentials or nothing to gain from it. However, fluctuation is not something anyone should not expect at all in this market. It is normal to see this once in a while and we should always be ready to accept it whenever it comes. Also, it is this pretty big swing that makes investors and huge institutional traders to want to tap from the market. Without fluctuations it won't be popular as it is now.
There are hundreds of stocks which are keeping fluctuating but within some range, are not popular how bitcoin is and within the time span of 10 years. I mean even bitcoin is fluctuating, it keeps rising toward upward in long term.
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Who really knows at this stage, but it actually seems more like it. However, it is still too early to conclude but from the look of things, we broke from a downtrend, but it is also not the first time we did, we still dived straight back into it eventually. Also, the market is having a rising wedge at the moment with the overbought conditions and we all know how that usually ends up turning out in most markets. So, for me, I feel we just keep our arms crossed and just be at alert. From what I have gathered, his post is predicting that the price will continue a downtrend like it did in Feb, and we may go lower than the low of 6k.
Probably there could be no chances for you to be having a right predictions as history may repeat but not withe exact levels. It is complete meaningless to predict the market movement only with history because news and events alone driving market not just the history of data.
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We already had a huge pump before then, the market already showed a strong signal of trend changing, most especially for alts before then, so whatever we are having now is just some normal market movement based on how the market is being perceived globally, but I wonder why people will want to attribute that always to what is happening in a specific country.
What is going on with bitcoin actually does not have anything to do with tax day of USA. It is going to be one week after that most awaited tax day but bitcoin market is still struggling under $9000 levels. People sentiment on tax day must have driven bitcoin prices up to this level then why not to $10k and $10k in coming weeks. Lets stay optimistic and Lets enjoy the bull's ride.
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if we go below, it would mean we are oversold, and therefore a good time to buy the dip.
That is assuming we buy in to the idea that bitcoin will reach $1m by the end of 2020. I'm not going to use that as my basis for deciding if bitcoin is under or oversold. Obviously not, I would rather just keep that at the back of my mind to see how things will turn out. The guy already promises to eat his own manhood if this does not happen, so I guess he has some extra one somewhere just in case. I am sure anything can happen; it is not the first time we are going to get to hear things like this from him though, but who would have thought that we would even be testing this price this year at dip and trying to push back up some years back. However, that is more like estimation too much to swallow all at once.
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They called it patience is vertue and i second agree with that if you have a good strategy and not greedy in trading im sure your gonna success in the future the best part is for long term trading.
If you cannot even have any patience in any market, it is always very easy to shiver and drop out before you even started. A lot of people today are so greedy and so eager to just want to make quick money, thinking with cryptocurrency, they can just easily get rich overnight. If you are not working too hard for it, the only thing is to have some patience until you see the growth and if you want to work hard to reap the benefit of the fluctuation, rather than complain, people should go learn how to trade, but I must say it is not as easy as it looks.
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