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What ever happen in the crypto currency market, Bitcoin value cannot decline to the turn of $3000 as speculated above but it can decline to some where close to $4,000 Or there about.
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Bitcoin value is currently strangling to survive the market value decline as the activities of whales and that of the panic sellers are doing at the moment are all responsible for the recent decline. Although we believe that Bitcoin will bounce back from its current market value to what it was late last year and above.
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Very possible particularly now that the momentum of Bitcoin is really not good enough to bush to the moon it may likely decline down to $5,000 Or even below the above mentioned price.
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Well no one can tell when exactly the bull market value of Bitcoin will start but with all indications probably before end of September it all things been equal on the market predictions that some expert have given so far.
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You have mentioned most of the important thing that one need to consider in other to go into long term trade in Bitcoin and altcoins. And at the same time, if you have enough money that you can part with for a long time period then, long term trade will be then recommended for you.
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Bitcoin value will likely see the light of the day very soon, maybe in the couple of weeks or months to come. And i see this time as the best time to buy Bitcoin since its value is look reasonably cheap because of the end it will definitely bounce back to an upward direction.
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I think that it will be a good idea that one should not wait completely for another serious fall as it may not come to fulfilment. But it will be rational for you to use up to 40 percent of your investment capital to buy now and hold the remaining 60 percent till when there is another opportunity to buy at a cheaper rate.
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The market analysis of a downward trend has finally come to fulfilment and value of Bitcoin almost went down below $6,000 and more news are coming in that it may likely hitv $4,000 before an upward trend to around $10,000 in the couple of weeks to come, which means another good time to buy Bitcoin is underway.
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Only those that has mind for business are the one buying right now, because so many people are of the believe that bitcoin may not rise again. Many people have forgotten that the market move both up and down and now is the time for downward movement of which time will come an upward trend will start.
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Knowledge is power and that is what those people who refuse to trade or invest in bitcoin lack. And above all, so many of them believe that since it is not government approved currency, it may not see the light of the day or it is a spongy scheme.
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The only basic things one need to know or learn in trading is the technical and fundamental analysis aspect of trading. How it work for you now determine your success of which no will like to disclose his or her own method of trading strategies to anyone free of charge and some time what work for me may not work for you, so develop your strategy that work for you. You can get more informative knowledge about crypto currency trading from my current signature. https://1fox.com/?t=12 |
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what a year, wish I dump all the coin in late DEC lol
and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..
Accurate future prediction is the most difficult aspect whrn it come to crypto currency investment strategy because as at the peack of last year almost every one believe and prediction was that price reach maybe $40,000 and above by the first quarter of this year but the reverse is the case. |
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I see your advise as a very bad one because encouraging people to sell at this time that the market is currently experiencing a downward movement. I see this time as a buying time and not the other way as you recommend for people to do.
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I don't see it as a game over rather the decline trends is an opportunity for those that has strong mind for investment to do so because definitely Bitcoin along side other altcoins will start appreciating in value in no time.
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We will not leave the haters alone because we really need to educate them about the benefits inherent in Bitcoin and crypto currency in general so that they will spreading fake news all over the social media platforms.
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Well, despite all the negative news and comments against bitcoin, I don't think it will collapse soon as it's main value is yet to be reached not minding the current market decline.
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I think the prediction amount above is too high for bitcoin to reach such amount by 2022. Although I strongly believe that bitcoin value will appreciate in the nearest future.
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Only time will tell when bitcoin value will return to the height of $19,500 last year. And for the market value of bitcoin to bounce back to such height there must be positive news all in favour of crypto at large to push the market forward from the current downward movement.
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So many people particularly my humble self made a lot of profit from my investment in Bitcoin and ethereum last year and i must say that I enjoy the price movement of Bitcoin and other altcoins last year. Although as an expert in crypto currency trading with good experience in Forex trading, i will prefer a volatile market movement of crypto currency so that smart trader's like me will make huge return from trading.
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