Regret will always happen, but if you don't dare to take action then nothing will change. because you will always learn from the mistakes you make. let's say you make a mistake now of course you will fix it next time.
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I really don't like the socialist economic system where people think that people should cooperate with each other, this creates competition between humans is reduced. This will make people less creative and cause a decrease in the number of entrepreneurs. It is very different from the capitalist system which can have the impact of increasing innovation and can improve the quality of the human. And the most dangerous part of the socialist system is if it has a bad leader, because the role of the state is too big, there can be abuse of power.
actually there are advantages and disadvantages of each, but if they are shown further, more negative impacts will be generated by socialists, if indeed everyone works together then there will be no more competition and integrity will decrease. But cooperation is also needed in building a relationship country.
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I think right now is a good time to invest. The bitcoin price dropped $2000 is getting attractive again to invest. We are still in the corona pandemic, but who knows for how long. Experts say that during 2021 we will have a vaccine ready for most people and the economies will recover. I believe once there are independent news about vaccines being available we will price across asset classes rise again. People will be relieved and be excited for the next year. So long term prices can only go up.
well if 2021 is the end of this pandemic plus the economy will be stable at that time the corona will probably make the economy strengthen after it ends, and according to the previous chart 2021 will be the next bull although no one can guarantee that it will really happen.
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If we think that China deliberately or accidentally released a man-made virus, we'd have to answer why the entire Western media and political class basically allowed the virus to spread in the West.
From late January to mid-March, the Western media and politicians, for the most part, simply repeated the misinformation of China and the World Health Organization, without comment. Valuable time was lost for stopping air travel, developing a testing system, etc.
Somehow, South Korea had enough tools to contain the virus, but no major Western countries did.
Lots of scammy things are happening related to the corona crisis. I am not telling that virus is not real but still there are lots of missing links, unexplainable things. 1st thing is it tooks lot of time to even detect the virus in china, though it spreaded only one state in china, but all the world got affected by it. WHO role is so suspectable in the whole case. The scientist are still on debeat about how the virus spread. When the news of the virus 1st came then no one took a random sample from the unaffected place to see whether the virus is really new to the globe or not. Did the idea of lockdown worked at all? Then how Japan control the situation without any lockdown? yes you could say this is as planned no one really knows who or the cause of this virus happened, we can only speculate if this virus is indeed made by a group of Elites then there should be nothing to worry about because maybe they have thought of a way out, the damage caused and other calculations. if this is really the case then what we need to do is do our best to prevent it from spreading further.
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With banks becoming more crypto currency integrated, it could naturally follow they would temporarily crash the price of bitcoin, for whatever reasons they've often decided to make life harder for pornstars and adult entertainers in the past.
So those who dumped on BTC have something to do with the porn industry? Maybe they don't want to get involved with currency with porn? Or since there are a lot of payors using BTC and then PornHub started dumping everything at market price it caused the crash? I think it would be easier for the people who buy the services for privacy concerns but harder for the pornstars with their salary. Maybe they should just learn how to use BTC. Maybe it could spark greater interest with crypto by the watchers. I am also not sure or agree that the fee for each transaction using BTC, I think it will be big enough for some transactions that may only be not more than 100 $, so there is no reason PornHub throws away all their BTC resulting in BTC dump, of course the fees received by actors in the form of cash, maybe the owners save the BTC they get if they really think smart.
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We are in an economic revolution that is cyberspace. Compared to previous revolutions this revolution is quieter and more complicated because it is located on the internet. Corporations and governments are working hard to collect user data for economic and defense activities. Governments can also access information from other countries to exploit them. Nowadays, computers have replaced humans to do many things and take a lot of human work. In the future blockchain will save people decades of development. The country that develops blockchain early will win.
it's possible but no one guarantees who the first developer will become a more developed country first, more efficiency in its management. as if the snail is racing against the rabbit even if the snail starts early the chances of the rabbit winning are still very high.
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You have a point, in this time of the lowest point of our lives we need to get our strength to our family,our family is our source of strength in this pandemic even if we don't have much it's important that none of our family get hit by this virus, let us make sure that our family knows how to deal this pandemic and we must motivate each other to go on with our lives.
motivating each other, unfortunately I don't have parents anymore so we only have 4 of us left, to be honest it's quite difficult at first because of a pandemic like this and we have to support ourselves, while my 2 younger siblings can't make money, because they are young Whatever happens in the future, hopefully we can all go through it safely, I also wish your family well. too bad to hear that . it's hard to live without our parents but you must be thankful because you still have your brothers and sisters . That can still be considered as a family . You should be motivated at all times to work so that you can support your siblings because they can't work yet . If you take care of them properly , you can expect that they will return it to you when they are on the right age or when you become older . actually I don't expect anything from them maybe this is my duty when they grow up I hope they get a decent and happy life. btw thanks for the kind words, hopefully you and your family will always be protected by God.
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I think high prices do not create high volatility because the price is not important for high volatility to occur. Of course, since volatile trading pairs will have price changes, the transaction volume will increase gradually, but I think that this increase will not occur due to high prices and the users who want to gain from volatility formed there will provide this increase. In other words, I do not think that high price can also cause high volatility as a product is likely to be volatile under all conditions regardless of price.
I agree, many say that YFI is a substitute for bitcoin simply because the price exceeds the price of bitcoin, even though the daily volume is still very small when compared to bitcoin.people only see the price even though there is no trading volume that occurs on a coin they still think that it is high volatility. I think the volatility is when the volume of a coin exceeds half of its market cap for the assumption that if TRX has a market cap of 2.4B then a daily volume of more than 1B is considered high volatility even though the TRX price is only 0.03 $.
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but now the price of btc is in the 9900-10000 $ range I am not sure it looks like it will fall any time soon, just preparing for a deeper decline, whatever it is I will still hold my coins because I am sure it will improve afterwards, don't want to repeat mistakes the same sells when it's min above 30%. my prediction October will be the beginning of the rise again.
you call that volatility, it's expected, maybe $12,000 is just the price we can reach this year, but even though the price will dump, I don't see any reason to panic, instead buying it is the right decision now that the economy is in trouble, bitcoin should still remain as the best store of value for our money. if it falls, you call it normal, but you are not wise if you will not buy when it fall as eventually it will recover. We've seen it many times, so we have to get used to it and it should not shaken our faith in bitcoin and crypto in general. I know it is best to buy when the market is down but because there is no money I buy nothing. because I need my money to survive. ohh this is indeed difficult when there is a good opportunity you cannot invest because of money constraints, after all those who have a lot of money will take big profits, I hate to admit it but that's the reality. bitcoin resurrection time is still long, which is next year and the possibility of closing the end of this year may be that bitcoin will come back up and break the $ 12K and stay long. not as usual that will fall back but near the end of the year bitcoin will gain momentum to keep moving up until next year where the peak of bitcoin will occur.
I hope so, or at least I get my capital back,because my asset now min 50%, but its slowly recovery in these 3 day.
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I think this is every worst situation for all, especially those who are suffering from the pandemic, so we have one option that is to find a way to turn it into positive. Many died as well, lost our jobs, our businesses and everything, so we really couldn't say it's a blessing. But in this condition, we should just look forward and think about of next-generation future. otherwise, our upcoming generation will also suffer as now we are facing
You have a point, in this time of the lowest point of our lives we need to get our strength to our family,our family is our source of strength in this pandemic even if we don't have much it's important that none of our family get hit by this virus, let us make sure that our family knows how to deal this pandemic and we must motivate each other to go on with our lives. motivating each other, unfortunately I don't have parents anymore so we only have 4 of us left, to be honest it's quite difficult at first because of a pandemic like this and we have to support ourselves, while my 2 younger siblings can't make money, because they are young Whatever happens in the future, hopefully we can all go through it safely, I also wish your family well.
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Of course it has become a law of nature, humans will continue to develop from every problem they face, it can be seen from their development from before. maybe in the future a more severe pandemic will come, but we will always find ways to deal with it. keep trying
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Freer market means freer people. More freedom for them to do their crimes. I know people needs to be given freedom, but not everyone is like us. There are people who will start abusing their freedom. We should probably see how badly it is going to affect us when there is no regulation at all. Can people be trusted with total freedom? Lol, no bitcoin is not a completely liberal currency. It is regulated and usage has restrictions just like normal currency.
indeed freedom can be abused, but at least more people will use it for the good than for the bad. The usage is unlimited you can send it anytime and as many times as you want as long as there is an internet connection. while money has a daily tranfers limit.
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not for now, we will see BTC in the range of 9000, maybe it will be deeper if the next resistance can be broken. I'm sure people will think that too because right now the market is in a deep downturn.
I am not seeing that bad crash this time and may be it may stay in 10k range for some time and to me seems to be a good buying opportunity here and those who were waiting for this dip its good time to enter the market and again it will bounce back quickly to 11k upwards. Do not want to miss this bull ride from here. Your analysis is on point the crash can't go below $10K+ a strong support is at that zone which might reject the price although some analyst predicted the decline to reach $9K of course the price had been consolidating above $10K an indication that it might not dump further, a good opportunity for buyers to enter the market already the price had dipped. The next pump or bounce back is expected to reach between $12K and $13K. Well, we are the same thought bro. After this serious inclined, that bitcoin almost below $9k would perhaps have a bounce-back between $12k to $13k within this year. But let see to it what will happen next, but if you have noticed this, the bitcoin price will go down but a months later it will rise again in the market, --so possible that there is a chance. I would advise everyone, not to panic selling. Instead, just be happy and accumulate more than you can afford. but now the price of btc is in the 9900-10000 $ range I am not sure it looks like it will fall any time soon, just preparing for a deeper decline, whatever it is I will still hold my coins because I am sure it will improve afterwards, don't want to repeat mistakes the same sells when it's min above 30%. my prediction October will be the beginning of the rise again.
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your story is like a fairy tale, sorry but it's not that easy you think everyone thinks the same and it will always end well, of course not. some people may find it helpful but it will be hard to do it every day. in this world there are even people who are willing to see other people suffer in order to achieve their goals, more precisely they only do what they need to do.
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I just read about the prediction that the price of gold will go to the moon
Not only gold but silver prices will also rise high. Both Gold and silver are safe heaven if you are looking to invest your money. Unsafe Investments: Stocks / Land Property / Fiat Money Safe Investments: Gold / Silver / Bitcoin I think you are a little wrong, you have to put property in place of bitcoin, because after all property is still more desirable than bitcoin, I corrected: Unsafe Investments: Stocks / bitcoin / Fiat Money Safe Investments: Gold / Silver / Land Property My advice would be to tune out anyone who makes outrageous predictions about the price of gold (or silver), because those predictions are usually made to keep the name of the person who made the prediction in the news, to keep themselves relevant.
So in fact, whether it's gold, silver, bitcoin, or any other commodity, nothing is too good, only those who promote it make the price go up / down depending on the news reported. and of course keep their names relevant.
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Not all of those common man will do that.
They might not be an investor but most of the people do know what they are doing. I don't take loans since I know that that will just be a nuisance to me. Instead of doing that, I plan ahead, I save some extra money I don't usually use so if there is an emergency, I can use that saved money.
Borrowing money is a natural thing in doing business, just look at big companies, they all or on average have debts, it's just that the way they spend their debt with ordinary people is different, if we use it to buy what we want or need money for emergency purposes. while they use it to create branches or expand their business, it is not very visible for the short term but for a long time the debt will turn into a lot of profit.
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maybe the dump that occurred because of the news about Bithumb in Korea which was the cause of the market decline. but not going that far, I mean 5k $ is still too deep maybe we will only see a decrease in the range of 9000 and further correction might need further correction, because the average person's prediction says that btc will only drop to 9000, although no one can guarantee that.
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2 guys above are not thinking of the worst but you , why your still doubting ? or maybe the 2 guys above are not an investor or dont have a huge portfolio like what you have . the drop is not small and it can be a sign of more bigger drop but thats not guaranteed to happen because it can also be the last drop that we are going to experience and after this only increase are going to experience till the year ends . do you like that ? me either , so start changing your mindset right now .
I hope so and will change my thinking, but it will be difficult if you hold the coin and the position will go down you will always think about it. No one knows whether this drop will continue or not but they are still worried about it if the portfolio has decreased, of course I will also feel the same way and this is not the time of investors or not where there is a deep drop so that is where we must be able to change patterns or at least it can secure assets from adversity. We will see how the market will react in the future, in my predictions that it will definitely recover, but that is not yet confirmed.
Now that's what I'm worried about, because I see that BTC has only decreased slightly by 2-3% a day, while altcoins are the worst hit by this dump. the problem is when BTC will the increase in alt be as fast as the decrease when the dump occurs?
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In the coming week, BTC prices will go up, which should make you happy -
unless
such BTC prices were to happen to go down
or sideways
thank you for the attention, really appreciate it. That possibility won't disappear so quickly.
Time is difficult to predict. The best method I've come across is Tim West's "Time at Mode" methodology. You identify a trading range and measure the number of bars spent at one price. Once a range expansion occurs, that number of bars roughly determines how long the subsequent trend will prolong for
I think so, the BTC price movement did not go down too far, but the main target is the btc altcoin only down in the range of 2-3% per day but the alt can reach more than 40%. I am holding an alt that has had a huge price drop because of this dump and has been down more than 60% from its baseline since this dump happened.
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not for now, we will see BTC in the range of 9000, maybe it will be deeper if the next resistance can be broken. I'm sure people will think that too because right now the market is in a deep downturn.
I am not seeing that bad crash this time and may be it may stay in 10k range for some time and to me seems to be a good buying opportunity here and those who were waiting for this dip its good time to enter market and again it will bounce back quickly to 11k upwards. Do not want to miss this bull ride from here. I don't see any bad days coming our way as well. Crypto-market seems strong, and I believe we will see the higher prices before the end of this year, with some red days along the way, as we all know crypto-market is rarely stable, price tend to change directions. But overall we have more green days than red days, which is a positive thing for all of us. This is the good intro for eventual bull-run we expect to happen in near future. OK, I also hope so, because of the red market yesterday, my portfolio decreased. it makes me a little worried about a deeper drop. I hope this weekend will be the last red of the month, and the following week the market starts moving up.
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