A newbie that will heard someone who earned in crypto thinks that it's an rich overnight investment scheme. This belief must be stopped or else there will be people who will take of this advantage to the newbies who are too greedy and will come to the point that they don't want to understand what crypto really is. Well it can make the whales richer overnight but it's because they are holding a lot of quantity of crypto on their portfolio's. This must be a protocol to the newbies that don't invest if they really don't know what crypto is.
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Bitcoin dominance now is 46.9% which makes it so close to 50%. If it will hit that percentage, this makes bitcoin will remain always as a king. Dominance's higher today than last December all time high but still the price isn't $20,000. This can also trigger bitcoin to reach back to $20,000 but we're not heading there. It's a long way to go (I guess) before we'll see it. Bull market's there but it will move quick for a while but there will be times that it will move slowly.
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There must be a balance between supply and demand, so that the currency maintains a healthy flow.
There's a balance but if no one really want to spend their bitcoin and all just want to HODL, no one wants to add into adoption but there must be ways of it to adopt. but I think more and more are holding bitcoin rather than selling it
Because no one wants to sell their coins as much as possible so we would see some good return in the future. This forces everyone to hold instead of selling but I doubt it that no one would sell. demand in the market keeps increasing the price will definitely go up, so I think for the current market situation holds it better than selling it.
Lesser supply makes the demand higher, more demand really makes the market good.
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Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges,
I also noticed it, after Binance and Kucoin successfully made it's way to the top, others followed their strategy. i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.
Maybe this is really their way of thinking that if they launch an exchange, they will reach the same success like what others did. But the market for exchanges now are too crowded, too many centralized and decentralized exchanges existing.
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Rome was not built in a day and there is always a place of little beginning.
I have read of this on social media and whoever created it there's also another phrase for destruction of Hiroshima and Nagasaki that's related to trading/investment. There are times we see some people give their testimonies on how they made it big, but may not share some of the hurdles they had to scale through in the crypto space, before getting there.
You know it's easier to share the fruit of success rather than the hardships to motivate others. Never compare yourself with another person.
This is so true, you have your own timeline for your success. The crypto space is big enough for everyone to explore.
And others remain skeptic to it so if you're in to it already, you're one of the few lucky people in the world. Just know that a day will come that you will think back in retrospect and be thankful that you started from somewhere.
Remembering those good old days, reminiscing your way across to your profit encourages you to stay and pursue more of it.
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yes there are so many who hold the tools to sell it to get profit from bitcoin, but I think bitcoin will go down slowly because the event is pushed back until September
Whether it will slow down on the day of the event which we are expecting to boost the market and will gather more investors, it's fine. Bitcoin has been confidently doing that for years, moving slowly at pace and will pump quickly so suddenly. At this moment, the only thing that we have to do is to be prepared.
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I think bitcoin will not go down again in 5k price because it's continuously to moving up. So I'm choosing to be positive in moving up of bitcoin instead of thinking about the phase down of price of bitcoin.
The support probably now believed at $7,000 just to be sure but there are others saying that our new support is now @ $8,000. I'm choosing to be positive too most of the time and remain optimistic on how this market will change the future of many things, financial, lives of holders, etc. I saw it that it was on red for today and it has decrease a bit of $200 and that's very common when we see bitcoin moves up quickly, it will be followed by a quick correction.
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I thought so that the bull market has come or this can be the before effect of the ETF.
While the market is in good shape, there are few FUDs that are still existing or I don't know if its a FUD that has been said that the result will be delayed and it will be issued up to September.
If ever we are in the bull market, this makes everyone feel safe.
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It is hereby notified that CBSL has not provided licenses or authorization to any Initial Coin Offerings (ICOs). Published Date: Monday, April 16, 2018 that is an excerpt from this article https://www.cbsl.gov.lk/en/news/public-awareness-on-virtual-currencies-in-sri-lankaI think in Sri Lanka it does not prohibit for Bitcoin transactions, it's just that they give a warning. and the warning is not the same as forbidding / banned . Thanks for the link so it only means that they are giving warning to the people that crypto's are totally risky. If there is another link that's latest to this link kindly provide it so that we know on what's really happening on Sri Lanka.
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That's very true, if bitcoin goes down you have nothing to lose. This is it, if you are truly an holder you don't have to worry about day to day fluctuations.
Your focus is the future of bitcoin and the price that you have been waiting for so if you are being affected of the current decrease, just think on how it came from bottom.
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If you're not going to pay for bitcoin this doesn't belong to this section. This belongs to Bounties (Altcoins).
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Don't ever panic if you have bitcoin but if you still don't have bitcoin until now, there's a need for you to change some of your plans.
Instead of being calm and watching the market, make your own way to ride the market by buying bitcoin so your portfolio won't be bloody.
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So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?
There's nothing in this world that doesn't have risk if you want to gain something. Risk is associated with gamble so everything that you are taking with risk is a gamble. I'm not even taking of engaging with bitcoin and having it as a risky thing, you are just overthinking that much and its possible that you don't even have it. I think being with bitcoin is somewhat taking risks already.Investing in it does not give full assurance that we will gain profits all the time because the price always fluctuates.The price may up this time but maybe in the next hours,it has high chances to fall.But having this high volatility will give us hope even more to be rich in the nearest time. Yes and that's what I've said, you are with risk already if you have bitcoin. How? as you mentioned the price fluctuates. So if the movement was positive, the risk was worth it if the movement wasn't so good for the past weeks to months then you have the consequence and that's the risk. But most of our experiences, taking up risk with bitcoin is always worth it year after year.
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You're a holder and you say that bitcoin is losing it's value, I'm moved on what to tell about this logic thing you are asking. If you are describing the past months then at least credit it those months but not for today. Do you think that BTC will face all of this and Get back up with 4 Zero's ? Definitely. I have read some info on social media after gold ETF was approved by 2000's it skyrocketed so the same thing can go for bitcoin.
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I think that the alternative coin would rise up too. bitcoin jow the rising rate is very fast and we called it as bull run. maybe the alternative coins doesn't do it as the same as the bitcoin but I am sure that the the alternative coin would rising too. and as I know, not all the alternative coin would dropping out. maybe the only not popular will drop out. but soon , we can see the color green of the market at all coins.
Yeah they are rising too but if you want to have higher profits, just have bitcoin as soon as you can. You have seen the other side when bitcoin starts to dominate the whole market, alts are putting down on knees which makes them red. There are selected alts that won't be going along with the rise but there are also selected alts that will also join the ride.
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hallo all, i want to ask how do you opinion about the increase of bitcoin price would it be bad for altcoin in ALTCOIN / BTC pair?
Yesterday the alts were all down because most of the holders are selling their alts for bitcoin. But take a look at the market again today, most of them are again following bitcoin's lead. because every bitcoin price increase is definitely the ALT / BTC or altcoin pair per bitcoin is down, will it cause a huge loss?
It's a huge loss for someone who mostly have alts on his portfolio and never had time to pile and stack up bitcoin on his collection. or it is profitable for those using ALT / USD
Just sell alt for bitcoin.
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Most of the ICOs are scam and this idea of investment pool for ICO's?
There's only few words I'll say if someone is truly believing with this type of investing and it is "good luck".
Why not just hold your own fund and decide on your own so if you fail, you can blame yourself and learn from that mistake.
And also don't stay to ICOs, learn trading.
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In my opinion, if buying BTC, then the opportunity is over, because the current price of BTC is increasing quite high, may continue to increase, with such high prices can not be purchased.
Not yet over, like what others said it's an opportunity to buy whenever you want. Bitcoins increase won't end only for this moment. But if that's your standard and you will be like those people who are still waiting for the bottom, you'll be left behind. While bitcoin is skyrocketing, what's on your mind will be kept the same. "Buying at the bottom" meanwhile bitcoin hits $10,000.
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in order to make good investing you need to do some things to know if you're investing is great. first, the timing. timing is the most important becauze if you have a good timing about the price I am sure that you earn big. second, you need to become patience yeah. because in investing we meed an timing right. so it is always in the patience.last, you need to become observer.updated about the price.
I agree about investing with a proper timing. There are investors out there that are complaining that only thought by investing to bitcoin, it will make them rich but they have problem of the time they invested. Patience is also needed, you have to wait until your profits come. You can't become rich overnight unless you have businesses like those elites have. We should know and be aware of the risk we're going to face when it comes to investment. Remember that there's no assurance that if you invest it's all about earning and winning. Failures may comes along the way unexpectedly. So, invest only what you can afford to lose, diversify, find your own strategy, and continue to explore new investment ideas. Correct, there's no assurance in investment, combine all of those factors that you have mentioned and that will make someone good in investments. Learn from your mistake and learn from the mistake of others as well. Investment is a never-ending learning sequence so don't get tired of finding a way that will suit your way of living and lifestyle.
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