Let's think logically. The use of cryptocurrency as a means of payment will be massive as soon as there is more confidence in it. And trust will be when the course of the coins will be stable and adjusted.
It sounds good, of course, but the cryptocurrency will be regulated for a long time, since each country has its own views on this matter. Some perceive it as money and others as property. It will be regulated for some reasons but crypto is crypto, we can use it without regulation and I think it will just depend on what country you are living. And what we need to expect is that there will be more people that will start using it few years from now. It's popularity is unstoppable and knowledge about it by the people is growing. in general - yes, crypto is crypto and it could not be regulated totally. still if it is not regulated - it will not be used as a payment method in offline. Well if we're talking about 2019, such use of crypto would be limited. Aside from lack of regulation, it's still fluctuating a lot to be used as a regular means for doing transactions. In time of course we'll get there with the regulations in place and i think it's going to be a very productive bitcoin onwards. |
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Take advantage of the moment and invest, ensure you research well before in order to avoid investing in unviable project, Do not invest all your saving, you can invest part in real estate, if you intend a long investment, the market is just stabilising.
For the future I think the prospects are very good, because the digital era is in sight. Crypto as a digital currency is ready to welcome the progress of the age. Now it must educate the public to be ready to implement digital behavior including trade and investment. Who is ready from now to invest, I'm sure for the next decade just to reap the benefits. the future of cryptocurrency based on our cooperation and investment so if we had not spend much more time in this field then it makes the market for weaker and also not stable for your cooperation with the market is more important for the future development. I guess future of crypto depends not only on our cooperation but on some really powerful people.. Right. Some things have heavier influence in crypto's future than what we can offer. Depending on how the big companies and governments around the world would react to adoption, amything can happen in the future. Though it seems there won't be that many obstacles along the way. |
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In the morning i am just quick looking at Coinbase prices for Bitcoin. Is there another better way to get a feel for what direction everything is going for starting the rest of the day??
most of the time I will check the price of my investment online few times in a day it is enough for me but while exchanging we need to more careful and more active that stage it will helpful to make some more extra amount with your profit Cmc i think is better for checking daily movements and that's the first i check before the exchanges that i have coins in and my local wallets. But mostly its through cmc. |
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Yes whales possible to pump this market if they work together, with low capitalization of altcoin, that will be easy to do. We have to pump this market to attrack new investor enter to crypto market. When many altcoin going up to 100% so alot of new trader and investor will interesting to buy crypto.
Actually, whales wouldn't think that far. As long they get profit, maybe they wouldn't think about attract investor to be interested with crypto. But maybe attract new trader to get hype with crypto and then jump into whale's trap.  Well as far as i'm concerned, pumping the price can do more harm to the market in general. Whales have done that is the past and we've seem the backlash when a correction occur. And many people get stuck in a not so pretty position if they fomo on a pump. |
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there is a nation out there with a scarcity of job and people scavenging for what they can do to earn a living I won't list any country but the data is out there, My question is can crypto trading be an alternative? If there can be a proper training program and mentorship do you think a trader can make earning with crypto trading If you trade can you say this from experience or you will say no? Also if 0% commission on Otc trading with HBG.com they can also buy and sell that could be another way trading platform www.huobimena.com Huobi MENA is an official branch of Huobi global telegram: https://t.me/HBMENAGiven the proper circumstamces i believe it can. But you have to consider the requirements to start trading. Aside from educating people, they have to have their own devices, connection and of course, a decent capital. Considering trading as a regular job may not be feasible for people who don't have much to lose. |
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I get all your point and it actually made a lot of sense, but every trader have a different story to tell, everyone did not learn it in same way, like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.
At least for what good thing about you was that you learned from your own mistakes, unlike to others they repeatedly do the same way of their wrong way of doings. They really never learn, and I don't know why they continued despite of their mistakes. If we did something, let us not do it again. Because, trading is a matter of showing who you are in my opinion. You're taking your emotions with you when you say that dude. Trading doesn't show who you are, it shows how well you can set your emotions aside just the the other guy here. That's one of the lessons you're going to learn in trading. Keep your interest but make sure you don't get carried away. |
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Speculation is nearly the same like gambling, but trading is activity that the same like others business that we should be use risk management and trading plan. Beside that we should be have knowledge about technical analysis and how to predict trend of crypto market.
In speculation, we make use of the exchange rate fluctuation. The exchange rate goes up and you sell. This is called exchange rate arbitrage. But this is risky because the exchange rate could go down as well despite going up so speculation is rather adored by those who are the risk takers. A speculator could be trader but a trader could not always be speculator. 100% correct. trader could be a hodler but a speculator is always a trader (or a gambler) Well, from the word speculate itself dudes. It's like making a decision based on rumors around the market. Though sometimes, speculating goes hand in hand with trading since what you hear in the news and reports could highly influence your decisions, hence you're speculating about what the outcome would be based on the reports. |
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My advice Keep learning from every situation that occurs, losing your confidence in this market can endanger yourself, especially your money, instead of waiting to be more prepared and always take risks, hoping that the market will rise again as before.
Well if you don't have any confidence in the market anymore then probably you don't have any money in it. It can't be a danger to you if you're only a spectator because you don't trust bitcoin. The things is that you may lose a potentially good investment in the future because you're not thinking long term. |
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Loss again. Even worst - 27% chances to double. That's because with higher limit you have to earn more to double. This simulation shows that Martingale simply don't work and is worse than betting everything on red and going home. Gambling should be considered as fun with luck. Every strategy would destroy you and your brain. Go, bet earn/loos have fun but don't thing that with special strategy you have chance to win repetitively and earn for living. Well you can but due to luck ... net math and strategy.
I agree! Gambling is a game of chance not a game of strategy. Even if you say you play a poker game which is also a game where you need to have skills in bluffing and reading your opponents body language, still if your opponent gets a better card than yours then no strategy or skill can beat that. I disagree. You may have a better card in poker but that doesn't autimatically amount to a win. Experienced poker players can beat you even with superior cards. And for martingale, it's a short term strategy. It may not have worked for you but people have utilized that strategy to make a lot of money. A good strategy can always bail you out if you're out of luck. |
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I don’t think the next halving is the last hope for bitcoin. IMO, adoption and other stuffs can help to push the price of the bitcoin as well. But no doubt, halving can help to push the price as well.
We have good experience of previous halving. I hope that like previous halving will also put a very positive effect on bitcoin price. Although not only halving can support the market, but there are so many other factors which can also put a positive effect on bitcoin price. For example if the ETF is going to accepted I will also be too much good for the market and hope that it will attract the investors back. Well i don't think we're in such a dire situation that 2020 is our last hope lol. No, there's still a lot things to look forward to in the future beyond the next halving and with recent developments, it seems bitcoin is actually treading the right path. Positive statements for the future from prominent guys like elon musk, if ever an etf approval from sec, wide acceptance, there's a lot of things to be positive about in the future. |
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The dynamic situation of cryptocurrency these days in general responded by three ways: selling panicly with the risk of cut-loss in order to save the remaining assets from more fallen, hold the assets and playing save by not doing any trading activities, and view the phenomenon as a diamond chance then buying coins in huge amounts of investments while the prices are low. Of course, those three ways are logically humane and each has their own pluses and minuses.
I am intrigued upon the first two: panic selling and postponing from trading.
On doing panic selling, ones tend to sell their assets in the price lower than in the actual price. The main goal is to sell their coins faster to save themselves from the worse situation, without consideration upon the impact of their behaviour towards the market in general.
Meanwhile, ones could also hold their assests and postpone from doing any trading activities, in order to keep their assets safe and even maybe went on hiatus from digital assets bussiness while waiting for the bullish days to be back. They don't want to sell their assets in low price, but the act of not doing any trading is logically also has impact in general. At least, it is contributing on slower the trading traffic.
In your opinion, which one is the worse way among the two?
Well another thing to consider. Those that sell in panic probably can't afford to hold out a certain downward trend hence the need to save and cut losses. Those that actually have time and money to spare falls in the latter category you stated. They can hold their coins for a while without any financial repercussions so why sell at a loss when you can wait for the market to recover. I prefer that method of course. |
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So by using the trend, we can follow with what the market wants, and we can also make a profit. But sometimes, it is hard to detect what trend in this week because the market run too slowly and we need to analyze deeper to find the real trend. Sometimes we are making a wrong prediction to detect the trend, but after we learn more and more, the trend will always show us so we can take the benefits from the market.
week is too small time to form a trend. it's 2-4-8 weeks matter. other things is scalping It can even be longer than that dude. And some trends aren't following historic movements anymore. But it's always something that traders can look into for ta's. Makes setting positions a little bit easier. |
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I only see buy support and sell support when I first trade. and sometimes it doesn't have an effect, I just found out if support can be fake that was made to provoke a dump/pump. To divide capital into several parts is important, Don't ever all in.
Well trading is like cracking a hard nut so better be active and mature for it. It is not a piece of cake. In addition, you have to have the best knowledge about cryptocurrency and only then it is possible to pick the best coin, invest in it and make use of it to make money. Businesses around cryptocurrency could also be built which could provide a promising future. Well as always, experience is the best way to be efficient in pretty much anything. Start with small amounts and appreciate the losses you'll get because from there you'll learn valuable lessons. Many traders who are making profit consistently start up as newbies as well that lost trades often. |
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The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
Well if you got in during the 3k level btc, i guess it's a decent option to make profit from this green movement. I don't think this'll be a sustained green market to warrant a bull run anyways. But for me personally, i'm not in a hurry. Until bitcoin really gets back on it's feet, i'm going to hold. |
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I am wondering what I will do during the next bull run. Here is one idea: Buy $XXX amount of Bitcoin every increase of $1,000 and HODL until a certain limit. Or Buy $XXX amount of Bitcoin every increase of $1,000 and then Sell for profit.What about you?  There's a risk in your first method that the bull run might expire without you exiting. Hence, you'll be like those that got stuck during the 2018 decline. Proper planning for an exit plan and being at peace with your profit i think is the best bet. It's better to be able to sell during a bull run than letting greed take over. Bull runs happen every now and then anyways so there should always be another chance. |
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In terms of returns what digital currencies do you predict are in the running for a podium finish in 2019?
This is so ridiculous, how can you be aiming for 10000% profit in just 2019, are you looking for a magic or something. I can say we might see up to 1000% growth in some coins which a few includes bitcoin, ethereum, eos, tron and etn but saying 10,000% is just way too much and I personally don't think any coin can get that much this year though anything is possible in the crypto world. Well before 2017 there were coins that grow that much in less than year. Legitimate and scam icos usually pump their prices to rediculous percentages but that was when people haven't learned not to trust too good to be true tokens. At this point onwards, i doubt you'll have a coin that'll pump that much. |
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As we see is just a normal grow and i think no is not the start of the bull run yet. For a bull run we need to wait more time and until then buy coins or get paid in crypto, and invest only money that afford to lose.
I think this is not just a normal price increase, I really feel this is the effect of the good news from bitcoin that makes the price of bitcoin very expensive like this and gives a very clear impact on the prices of other cryptocurrency. ☝☝☝ dude what very expensive price are you talking about? It's hardly a few hundred dollars. Almost all of us are still in the negative. Though there were a couple of positive reports recently, it'll take a lot more to get this market going steadily. |
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Bitcoin don't just have a future but it's the future, I don't know why people use price to equate the value of bitcoin, bitcoin is worth more than just price in the market. It is a store of value and also a mode of payment which is even worth more than gold.
The truth is that I even see bitcoin having more future than gold and fiat. Just like how email replaced post office, bitcoin will replace fiat.
I see you're somewhat of a btc extremist dude lol. Though i agree with you that btc transactions will be a common practice in the future and i find few reasons why it won't, i doubt that fiat will be replaced. A lot of us has been divided here on whether fiat will be obsolete and replaced with crypto but for me, it will always be an option. |
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I think that this is not a temporary price jump. Personally for me, what is happening in the market is a confirmation that Bitcoin has changed its trend and is starting to grow in price. This is the beginning of a very long uptrend for Bitcoin, i think. In two weeks it will be completely clear whether this is so.
Well let's see. We haven't been able to sustain the 4k levels but yeah i guess we'll have to observe the market in the next coming days. Though personally i'm not very optimistic about a sustained run at this point but hopefully you're right dude. |
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This week Bitcoin has begun to show a good increase and I think many people are happy and happy with the current increase,
will the price be as soon as possible to recover at $ 20,000?
Lol. You're looking way too far ahead dude. Don't get your hopes up that much. It's only a few hundred dollars. Though it's good that we're already seeing green for days, this by far doesn't indicate an upcoming bull season. And i don't think the 20k levels should even be included in any discussion right now. |
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