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It is worth it if you really think the project can succeed. Otherwise not worth the time IMO
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So you are basically saying bitcoin will never ever reach old highs again? This is nonsense it is just a matter of time. Price cant go down forever.
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You have to be active and actually understand what you are doing. If you just randomly buy a coin or trade btc you might aswell get 50 lottery tickets and have the same luck.
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You cant really now. One thing I can say is, you should never ever do KYC on an airdrop if you are not 100% sure they are legit. They might aswell just scam you for every bit of information you have and then ditch on you or give u useless tokens.
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can you explain why bitcoin price will drop and eventually go near zero if you say "will continue"
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Greed is a big factor. They think about the 10x 100x 1000x that are possible with ico but it is the same as playing lotto. You have a chance of winning big money but the possibility is just low
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Hmm.. I think the most optimistic we could be is to reach 11,7k in this rally, followed by another correction. We have probably the strongest resistance there. But first of all we have to watch the level below eg. 7,8k, 8k, 8,5k, 10k
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Do you mind explaining why you think the market price would go down if everybody decides to HODL? Even though this cant be achieved in reality if all of the retailers would hodl and not sell the price would most likely move up. Most of the people who hold their coins are now deep underwater and shouldnt even be selling.
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You cant compare Bitcoin alone to the whole Stock Market. But there probably will be another financial crysis and I think bitcoin will do way better than the stocks if that happens ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Do not worry, bitcoin will never collapse, especially if we talk about the near future. Do you have any arguments to prove that bitcoin is a bubble?
Bitcoin was in a bubble phase as you can see in a chart with log switched off. The bubble(Parabola) popped and we are having a bear market. Altough it seems that bitcoin will recover well like in the past. Next bitcoin mania will sure this or in the next year.
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If this inverse head and shoulders plays out we could be revisiting 8k. After that it is likely that we will continue the downtrend and make a new low (looking at 5400-5600) and bounce again.
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Agree but keep in mind bitcoin moves in cycles. The bear market will filter the not honestly interested people out and will make this a cleaner environment. In the next bull season the noobs will come back.
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Honestly I invest because I want to make money and see the potential. I trade because it is like a game and you can practice to get better. The time you invest will be worth it, it is like studying.
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Thank you for the link. It seems that they are is going to be a new birth of BTC. I feel very curious about this. I am waiting to see what’s going to happen.
Why do you think there will be a rebirth? The book will tell stories about bitcoin and its creator. Bitcoin will still be Bitcoin.
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I dont know how bitcoin is superior to something like paypal if it doesnt even have anonymous transactions?
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Volatility, Loss of Capital, Transaction Problems (History of high fees and long waiting time), better alternatives (Paypal for fast transactions, Gold/Stocks for long term investing) these are the main points that into my mind. Also, the hype in december was just because EVERYBODY could make money. Right now the market is shit thats why they arent investing. Maybe they will jump back at the bangwagon when we make higher highs (12k and +20k)
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Learning. Reading, practicing and following the right people. Learn about Market Concepts and Structures and you will improve.
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What are the pros of having bitcoin ATM machines? Why dont you buy bitcoin with ur phone?
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I would be happy if we are above 10K.. 100k maybe end of next year
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buy 10% now.. if it goes lower buy more ~15% next week 20% etc.. now is not a bad time to buy bitcoin. everybody thinks it is going to ~3k so we most likely bounce earlier ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) if u ladder u buy orders u will have a nice
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