Well as a solid supporter of bitcoin i still believe that crypto will boom again on the perpect time and i am hoping that on the year of 2020 we can able to see the prices of all crypto increasing very high just like what happen last 2017, let's just keep waiting and keep investing.
Since Crypto is able in consistent positive change this day, with unexpected transition from being in bearish then definitely cryptos can boom again anytime soon. It may continue to increase starting today or until halving. We can't really tell as many factors affects it's changes and sometimes no definite factors can explain it. All things may possible and you are right. Though it looks positive to see huge pumps in the coming day but still can't expect that it will turn high instantly. It is the response from traders, investors, and users who could affect its price. if there is huge support from them, it eventually going high and probably we gonna hit for another peak but we are not like that today cause some of us never have that kind of trust in crypto. As what we can see in the chart of bitcoin now, it shows some pumps that we cannot predict before, there is a huge pump. Crypto never dies it just that , it faces the bear season wherein the price dums, people panic they sell at low prices that leads to market crash. I can see some green in my portfolio now, I think crypto is on its way of recovery again. |
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Big risk does not mean big results. Big risks can only mean big probability of failing or losing. This normally happens to newbies in crypto who do not know how to perform researches on projects and coins before investing in them. Here, they take all the risks and this normally gets them rekt. Performing researches on the projects reduces the risks and increases the chances of winning at the end.
Correct! Not all risk taking leads to big result. In risking we dont always won the game there is a probabality of chances a 50:50 ratio of chances, sometimes we lose sometimes we win, risking is not about always winning and getting a big result,risking teaches us that we need to prepare for whatever may happens in our taking the risk. |
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but my advice to you than to wait and hold is better to take advantage of the bitcoin that you have now by trading again because if we trade and learn from mistakes before, you will benefit and if you continue to wait until the price reaches $ 20k I think it wrong because we do not know when it will return to that price, but all the choices are yours
Wait for the bitcoin, it is almost around $10000 right now, it is quite good and much bigger this year. There is a possibility that it could be more higher for the next remaining months of this year I can see it. So hodl now , better to hodl it than to have a regret that you already sell your bitcoin at this rate and you will see it tomorrow having $20000 in the market. |
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Is crypto assets still part of the conjugal property if the government doesn't have law about cryptocurrency? I don't really know much how to handle this situation since there's still no divorce in my country. But if its me, I'll tell my wife about me having crypto.
But wait... Why do I have to think about this one when it's not even a real situation of op.
If bitcoin is still not legal in every country think it is still not under conjugal property, conjugal property on bitcoin can only apply to a country that bitcoin is legal so that they could add bitcoin as the asset, you dont have to worry about it since not all the countries includes and legalize bitcoin so when you two divorce you may get all your bitcoins. |
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Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
Cryptocurrencies runs on blockchain which consist of complex algorithms that makes it hard to regulate or control by an istitution easily. This is the reason why Bitcoin and other cryptocurrencies was impossible to control by the government. Maybe they can support it in a way that they don't banned it in their country but not in a way that they will regulate it because if this happen the price of cryptos will now be much stable and not volatile. They cant easily trace bitcoin transactions thats why they didnt want to support it. It will be a big problem for them to legalize this one, many hidden transactions will be made out of control , even the fiat they cant even control the economy , so what if bitcoin will be legalize right? Also many banks will adjust too as well as all the country law. |
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Better cashing out your money now because price of bitcoin and altcoin still down, never take risk with investing right now when bitcoin or altcoin still down, you can buy after have possible bitcoin and altcoin back to higher price, Now you can cashing out your bitcoin and altcoin assets although waiting when bitcoin or altcoin back again to higher price for recovery how much lost your investment assets.
Yes truly bitcoin price is decreasing but it doesnt mean that we need to cash out it just because of the changes. We should be used to it so that in other time that bitcoin price will drops again we will not ne triggered to sell early. If we continue to cash out early we will lose some money. Cashing out money is not ideal in this time. |
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Dear all,
I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?
thanks
No one can predict the Bitcoin future so I suggest that you have to move on and make peace with your losses so they won't disturb your future. You have waiting for a very long time and you have wasted many days of waiting for the bullish to come so why not you look of some opportunities because who knows that your luck is not really in Crypto investment. Indeed! I even dont predict what wil happen to bitcoin. It is very unstable so we need to keep in mind that we should endure the changes. Bitcoin drops again. Everyday bitcoin price went down sometimes it up. Save your bitcoin it will be up maybe till 20k$ soon but from what I see it is hard to be up this year. |
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It is better to have a lower amount of money but you have all the time in the world to enjoy that money, and few are able to reach that level of wealth and freedom.
If you want to be rich, you need to have many money that it is in your savings account. And also invest it in new IEO that has a great possibility to be good for long term investment, so that even though you dont have any job still your finances is good and can provide your daily expenses, invest in crypto as well as the stock market in that way I can say that you are rich. |
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No wonder, cryptocurrency hype no matter what it is has a very strong influence on large corporations. Nobody wants to lose their jackpot in the future. Everyone is afraid that once again they will miss the moment when it was possible to earn a lot of money for cryptocurrencies, I remember 2017. Therefore, now everyone will somehow implement the blog chain and various services their activities.
Maybe they see the advantages of crypto nowadays and also they think that this will be a good investment for their company , they are the first company in their country that uses or will be using cryptocurrency it can create hype to many people it can cause rumors that could create news that they can use to gain people and earn more using this. |
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I also think to save a little for my bitcoin income so far as a future asset for me. Will sometimes the question arise in my head whether the price of bitcoin will be more expensive or even will be flat a few days later ..?because too expensive bitcoin prices later would definitely be difficult for people to have a transaction.
You should keep bitcoin now, bitcoin dumps a little again few hours ago, keep it now and wait for it to pump a little higher again. Don't get confused on what you are going to do dont be affected on sudden dip, because will recover again. Do not spend bitcoin now be wise enough. If you have money now is the time to buy bitcoin rather than spending it. |
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in my opinion the fall of the stock market will not have much impact on the price of bitcoin. because when the stock market weakens, some stock market investors might choose to stay. or they will turn to gold investment. because in recent months gold investment has increased. maybe there is a small part that switch bitcoin investments. but I don't think that will have an impact on the price of bitcoin
Some big investors in stock market may not still consider bitcoin as their new way to do investing. It will depend on what type of investors they are but since they don't wait too long or stocks sometimes focus on companies updates that makes it less volatile. I don't think it will affect BTC in good or bad terms. Its been a long time since bitcoin haa entered the market as well as the stock market. It never affects each other since every trader has their own way of trading, some of them wants bitcoin some of the still in the stock marker. There also have different features therefore I conclude that it doesnt affects each other. |
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If the money is clean there is nothing to worry about if you've got nothing to hide, banks have protocol and they abide with the law they have right know where your funds coming from but you can only be questioned if your account has been flagged. If a certain bank refuses to accept money from crypto exchange then find another crypto friendly bank or if you have problem with huge amount split your deposits from different banks.
Correct I agree with you, you can cash out it anytime you want if you know that the money you are holding is clean and came from a decent job theres no need to worry about , you may cashout bitcoin now in different ways , you may do it in banks also there are banks that already accepts money from bitcoin transactions. |
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$300 is not bad ,but as a beginner in trading ,do not expect that this is will go a long way it might but it also might not.
basically you must equipped yourself with all the knowledge ,strategies and you must also learn money management.
Yeah $300 is really a big thing for me, it can make a thousand if the trader knows many ways and technique, he also have enough knowledge that every trader must know, his emotional capability must be good so thats he is not afraid in every dip that he will be seeing. Small investment can be good also if we do day trading. |
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In overall for great and less risky profit, you have to hodl but at the same time there are some things to consider to make your profit even more amazing.
For example imagine price of bitcoin was 10k $ and you bought at that time. Price went down to 9K, then up to 10k again, then 11k, then boom, 13K. I think at the moment it's better to sell them on 13K because there is still high possibility of price fall and usually that happens after such rise. Now let's imagine logically it would happen like price fall on 11k (but you sold it on 13k so have more usd). Buy again on 11K, maybe it will fall on 9k for example but now is the moment where you have to hold for a long time and sell on 12k and higher to achieve better profit and repeat same action again when there is really good time for that.
Indeed!, we can smart hodl if we have a right amount of money that can help us to survive days that we are holding it, just hodl it but when the right time comes for example when it will reach $12k sell some of it and hold it the half of your earning you may sell it again and some half you may use to your daily earnings. |
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If China launches its own cryptocurrency coin, it will become a nightmare, there will certainly be a lot of price manipulation that will indeed appear pros and cons, but I'm sure China has its own plans, hopefully China Coin will not make some other coins collapse.
I am worried with this also, we all know that patriotism is great in china, also we have a lots of traders in china, if this will happen traders in bitcoin and alt coin as well will reduce because china will surely prohibit any other coins to their country because they believe that it can affect their own coin. |
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Absolutely agree. As volatile as the situation may be, we know that sooner or later it will stabilize upwards. No one knows exactly how, when and how much. But surely those who are now spending bitcoins will eat their hands.
We have witnessed similar situations since last 3 years but still I fail to understand why do users just do panic selling for slightest dips and end up on losing end as panic sell cause more damage to the bleeding market situation due to increased supply of bitcoin. It's like immature user's loss is trader's gain. Many of us do panic selling when they hear some fuds and they can see some dip they are too afraid to lose bitcoins , we may not spend bitcoins we dont want but in order for the circulation of it we need to spend it, maybe in some other things, hoarding huge amount of bitcoins is not good for the economy. |
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Binance is one of the best exchange here in cryptoworld and it is really a great news to know that it is legally registered at US, but i dont think that because of it the price of bitcoin and other cryptos will increased immediately, maybe on the right time we can able to see bitcoin pumping very high again just like what happend before.
Bitcoin price will increase , as what we have known before it will be go higher when we received a good news like this one, it can affect the market because people will now think that bitcoin is now recognize by the government and they can freely advertise it. |
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KYC get much benefit if you are big investor, by KYC with binance or bittrex exchange you can limited your withdrawal above 100 BTC in daily, but if you not KYC you can withdraw or sending your asset to other wallet, but be quiet with many exchange before submit your KYC, only for trusted exchange to keep your data KYC safe and do not use for something danger.
kyc in well known and reliable exhange is good but for a bounty and giveaways it can only make us prone to identity theft. We should know where and when we could pass our kyc, because if someone tries to hack their system our identity, information is at risk. |
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Bank still have connection with thousand member save money in the bank and region government always use bank as their saving, when bitcoin or altcoin become popular will be possible member or bank investor move their money become bitcoin or altcoin assets, government region want to hold bitcoin or altcoin than have save money without increase little.
Yes I agree with this, we can connect banks with cryto, they can move their money to that bank, the onlg advantage that I am thinking is banks will need to know your source of fund, and also there will be a maximum amount of deposit because if exceeded they may hold your money and you need to pass all the files regarding to your money. |
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The adoption of Bitcoin can increase significantly if all the members in the crypto world play our part by advocating for Bitcoin wherever we find ourselves. The main target should be the small scale businesses who are easily to understand the significance of integrating Bitcoin into their payment systems. This can go a long way to increase the adoption of Bitcoin.
Yes, we can consider this one, we can make bitcoin as one of the mode of payment less hassle and it can be a done internationally, I think with less fees than others, transaction can be done and bitcoin may be received in a small span of time, we can tell other people the edge of it among others. |
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