This thread was started back in February, about the time that we did bit bottom. Since then we've had a mini recovery, and prices are now stagnating a bit. I don't think we can talk about current prices being at or near the bottom, as we are a long way above Feb prices - that was the bottom of the year long bear. Now is merely small fluctuations well above that point.
Each market cycle has its top and its own bottom, and we are in a new market cycle and it is difficult to know if we have reached the bottom, it seems the price is having a positive tendency during the last days and this could indicate that we have in fact reached the bottom, but we will have to wait because it is impossible to tell if that is true after just a few days of positive results, we know how volatile this market can be and we could lose all of the progress that we had made in a single day. At least, the indicators of the cryptocurrency market indicate an improvement in the position of Bitcoin and Ethereum, because over the past week these coins have risen in price by almost 10%. But this applies only to the highest rated cryptocurrencies, because the entire cryptocurrency market is in a bearish trend. I very much doubt that it is worth trusting some unverified data and forecast. |
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We have different mindset and goals, I'm a trader and I want to focus in this current year in improving my trading skills and knowledge. 2019 is a bad year for mr because my win rate is low and I keeo struggling in trading that is why I decided to imrpove what I know in trading. There are still a lot of information that I need to learn and it is why I keep seeking differrent sources of knowledge in order for me to have an effective strategies.
In any case, learning is never too late. I believe that even with the current state of the cryptocurrency market, many traders who do not have a very large amount of experience should work to become more professional. I am also from the number of cryptocurrency users who do not have much experience, since I am just starting to learn scalping as the simplest strategy for beginners, because I only recently joined the cryptocurrency community. Of course, a lot of knowledge is not needed in order to sell more expensively, but to buy cheaper, but nevertheless, waiting for the right moment for your order without any analysis can cause very big losses. |
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After war USA and IRA will continue for delay launching Libra coin for public because United State government looks serious with their problem by giving legal payment for Libra coin and allowed use in United State, they will keep focus for bigger problem in war whit Iran than have publish about their allowed for Libra coin.
Apparently, the US government is trying by any means to compromise the project and make Facebook dance to the music of the US government. But speaking of my personal opinion, I don’t have much confidence in the Libra project, especially considering the Multiple facts of the leak of personal data of users on Facebook almost every year until today. I can not trust the quality of this project, although the US government has completely different arguments regarding the danger of the Libra project. |
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I was promised like 250k by McAfee in BTC value.
When's the price gonna skyrocket like the last 8 times? Tell me plz time travelers.
Come on don't blame McAfee! Maybe it was your fault not his. The price didn't skyrocketed because you haven't buy and cashed in enough. i am sure McAfee is going to reply you from here and pay your 250k usd  The fact is that in the information space there are a lot of reviews and forecasts regarding the cryptocurrency market and the pricing of specific cryptocurrencies. For several years now, we have been expecting a rise in the price of Bitcoin over $ 50,000 up to $ 1 million per coin. Of course, looking at the current indicators of the cryptocurrency market, these forecasts look ridiculous. Based on this, many cryptocurrency users can blame anyone for their inexperience and losses from their activities in the cryptocurrency market. At least I myself am responsible for my results in the cryptocurrency business. |
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Well, CZ is a very crafty marketer. He knows how to make publicities and make a huge impact in the market. I can say he is capable of making BNB goes back to $23 or even higher. And don't forget they have huge fund in reserve that can be use to pump BNB price anytime they want.
For example, I am always suspicious of all forecasts, but when it comes to Binance , it is necessary to take into account the fact that this exchange occupies almost 50% of the entire IEO market, which increases interest in this exchanger and accordingly increases demand for BNB. Therefore, I will not be surprised if this token will increase in price further. But there is a very unpleasant nuance that can prevent BNB from developing further, and it consists in the fact that very few ieo projects are implemented and have good results. |
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yes, I think you are right that the crypto market is very volatile and it all depends on market demand and supply in the market, for me in terms of the benefits of crypto is selling when prices are high, but on the other hand if you really have potential crypto assets big future like BTC, ETH EOS / BNB, then you need to hold it in & don't sell at low prices.
Of course, there are cryptocurrency users for whom activities in the cryptocurrency market are similar to gambling and they get some pleasure from trading and possibly from investments in cryptocurrency. But of the entire cryptocurrency community of such people, a very small percentage. Mostly users engage in cryptocurrency in order to receive a certain income and become financially independent. After all, it was cryptocurrency that revived the hope of many people for financial well-being. But not everyone realizes how risky the cryptocurrency market is and how much knowledge and experience is needed for this activity to get a good result. |
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Before planning to purchase cryptocurrency , you should be very clear about rules in your country for buying and selling cryptocurrency. In many countries government are banning for any crypto transactions. If you r country is not in the list then you should choose many crypto buying sites like binance, coinbase and much more.
I think that in this situation, when the government prohibits any cryptocurrency transactions, you can use intermediaries to purchase cryptocurrencies. In addition, with the help of Bestchange you can buy cryptocurrency for the funds that are in your bank account. In this case, fiat funds are transferred from one user to another, but you indicate your cryptocurrency wallet to which your coins will come to you. It is thanks to Bestchenge that you can recognize a reputable exchange, because in other cases there may be a risk of fraud. |
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Since I lost my permanent job and today I get the only income through cryptocurrency trading, one way or another I use all the cryptocurrency that I earn for daily purposes to pay my bills. Of course this happens by exchanging cryptocurrencies into fiat currencies, but nevertheless, with the help of online resources I can buy certain things, paying for them with cryptocurrency. It is unfortunate that there are not as many such online stores as we would like.
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Trading is not the perfect place at the work, I tried many times to make a profit at work because market fluctuation cannot be estimated and this makes me lose money many times. It is impossible for us to predict which simultaneously, we cannot concentrate on the market, so it is good to place the orders only when we are free.
The fact is that many cryptocurrency users face a real dilemma, where they can not decide to leave a permanent job or not for the sake of trading in the cryptocurrency market. Indeed, the risks in cryptocurrency trading are very large and there is no guarantee of a constant income, therefore, some traders work full time on a permanent job and at the same time use all their free time to trade cryptocurrency. In which case, if there is a suitable moment during working hours, then it will certainly be used for trading. Of course, in this case, you need to be more careful, because it is very difficult to concentrate on the analysis and market indicators. |
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Investors will not lose hope as long as the popularity of Bitcoin remains constant, they will not lose hope and will always prefer to select Bitcoin as a priority for investment. Unfriendly countries against cryptography will be open to this kind of virtualized currency one day, even though the obstacles have been so difficult. The world was evolving and it was likely that different scenarios could arise in many ways every year. I believe that in the future though sooner or later we'll reach new heights.
Invest just looking chance how to get much profit with bitcoin investing without want to keep holding bitcoin ten years later, when price bitcoin raise up than he invested before they will sell bitcoin and waiting price dump again for re investing, never holding for long term and our money never increase very day or every week. Of course, every cryptocurrency user expects to make a huge profit on the cryptocurrency market quickly, now and in large volumes. But if we consider the possibilities of today, then they really have decreased very much compared to 2016. One way or another, starting in 2010, the largest digital asset of bitcoin, even as of today $ 7,330, shows a yield of almost 9,000,000 percent. Based on this, it can be said with accuracy that Bitcoin shows very good results for its owners, but only you need to properly operate your assets in order to get the required income. |
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Each of us is confident in the future of Bitcoin, so all long-term investments in this coin will be a good success. But if we talk about short-term investments, then in this case you need to be very careful and almost constantly monitor the performance of the bitcoin price chart. Each cryptocurrency user conducts a technical analysis in his own way in order to predict the further development of events. If you pay attention to the three touches of the straight line of the growing trend, we can assume that by April we will be able to see good bitcoin indicators. Therefore, we can talk about the prospects of investment today. In addition, if you pay attention to the indicators of several days, then Bitcoin is still in a small bullish trend.
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I'm suggesting that there's no one who can forecast exactly what the bitcoin price will be next week. How can we believe that these years to come price predictions are going to be right? Bitcoin is not like government security bonds that will yield a steady return, full of uncertainty, and can bear any price. Stop predictions like that. If you're trying to predict price rather than long-term trend, you're going to get ruined in the long run.
I tend to call it 'guessing' cause that's what most people do. People guess what they 'hope' the price will be and get disappointed when it didn't work out. We should look at the long term instead of short term, I notice that long term price prediction is almost closer than short term price prediction. In any case, each cryptocurrency user acts at his discretion or under the influence of any forecasts or news. One way or another, each trader is engaged in speculation in one way or another, having minimal results. But in my opinion, only cryptocurrency users who work together with certain groups or communities, creating certain situations in the cryptocurrency market regarding certain coins can be a truly successful speculator. We are constantly outraged when it comes only to fraud on the cryptocurrency market and about the not very good influence of speculators on certain projects that may have prospects in the future or that do not show good results at all, but at the same time, such coins are supported by speculators at a high level, only in order to get real profit. Based on this, it is possible to accurately answer the question posed by the author of the topic that every speculator who has good results in his activity receives a certain experience, which he applies in his activity now and will apply it in the future. But for you to understand me, speculation is not a negative phenomenon in the cryptocurrency market, because only certain groups of people use this type of activity with a negative for the entire cryptocurrency market. |
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Being greedy is
characteristic of all beginners, we learn as we grow and practice. I am a bit older and when I was young I was losing money on beginners
mistakes too.
Educate yourself more, it's the only way to develop your skills and be successful in the long-term.
The fact is that joy is not a special problem for users in the cryptocurrency market, namely the lack of certain experience and skills to make the right technical analysis of a project, as well as determine its prospects in order to make the right investment or purchase of cryptocurrency for trading. And greed or a thirst for making money drives almost all of us. |
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I think the government doesn't like anything that can't be controlled. No one can regulate cryptocurrencies and free movement has no restrictions. While the government is always authoritarian, it always controls the central bank's circulation of currency. And most governments oppose cryptocurrency because crypto is anonymous and can also be used as a money laundering method for illegal transactions. We also believe that national money may be threatened by cryptocurrencies.
The fact that cryptocurrencies oppose the government in centralized system already says that it will become an enemy to them. Just think if you are the government by yourself, would you let anything to circulate under your hands without having control to it? of course you would not. As crypto is using blockchain that offers unalterable data storing is not a thing for corrupt government. In any case, no government will avoid the legalization of cryptocurrency, because this brand will develop quite actively. Of course, every government is accustomed to control everything and get the corresponding benefit from this, but with respect to cryptocurrency, they will be able to tax cryptocurrency exchanges according to certain laws, but users who only store cryptocurrency assets will remain anonymous anyway and governments will have to put up with this. they will have to be satisfied only with the control of the cryptocurrency turnover and nothing more. |
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A country's financial transition definitely takes a long time, and people have to be constantly reminded of why bitcoin is good and why it can replace the fiat. I think there are still many people who need to understand this, because of their social and economic status, they have not been able to get into crypto space. It will be very difficult to eliminate the nonsence of fiat, but with something as strong as bitcoin everything is possible.
Perhaps you're in the position of a bitcoin lover and giving positive status lines about it while you have forgotten the psychology of the society, the mentality of the government in managing and giving direction to the community. The government doesn't like bitcoin and people's minds aren't always progressive, just a fraction of people like to work with bitcoin, so bitcoin cannot eliminate cash, and society doesn't want to eliminate it when the demand for cash is still high, people are using it everyday in their lives, a big change will bring many negative In no case can cryptocurrency destroy paper money, even if cryptocurrency is legalized in many countries, because paper money is very easy for society to use. Such a situation can only happen if the company itself refuses to use paper money in favor of cryptocurrency. But if we talk about the real use of cryptocurrency all over the world, then the time will come when the question will be raised about the destruction of the monopoly of fiat funds, because each person must make his own choice how he can pay his bills. |
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Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.
I may agree with you on some point here but not in all. Despite my believe in Bitcoin, 10 years is too short for it to achieve such huge price. Remember that the regulations behind bitcoin won't allow it to achieve such a price. Despite that government cryptocurrencies would be centralized, but they also influence the growth of bitcoin. They can decide to ban Bitcoin on some territory, helping to deflate the price. Today, cryptocurrency users face a number of tasks that need to be addressed in order to have some prospects for all of their cryptocurrency assets. First of all, it is the stabilization of the cryptocurrency market, after which it is necessary to solve the problem with the legalization of cryptocurrency in the world, so that the government recognizes cryptocurrency, and users have the opportunity to use cryptocurrency in everyday life and not be afraid of investing in the cryptocurrency market. That is when it will be possible to expect a massive increase in the price of bitcoin, after Bitcoin will attract investors and more and more people are interested. |
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It seems to me that in the first place Bitcoin causes negative discussions due to its instability. Governments cannot now allow legalizing cryptocurrencies so that citizens can fully use this coin in daily life, as this is fraught with big problems. In my opinion, the situation can be explained as follows. Cryptocurrency users who somehow already know something about the cryptocurrency market very often, in addition to generating income from the cryptocurrency, lose their funds due to inexperience or incorrect actions. But if a simple person without experience and without understanding the cryptocurrency begins to use Bitcoin in everyday life or invest in the cryptocurrency, then at the time of the fall of the cryptocurrency market, he simply can lose all his assets. It seems to me that people should become more literate in relation to cryptocurrency before using its daily life.
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etehereum will of course be the most valuable altcoin among others and will certainly still rank second after bitcoin. but there will be fierce competition which will rank third, and it is uncertain which type of altcoin can occupy that position after ethereum, because there are still many potential coins that will become valuable in the future
If I am not making a mistake, the XRP has occupied the second place when the price of Ethreum was around $75. The potential of ETH will be investable after the fully completed version of ETH 2.0 but the altcoins will not climb the ATH price even if the ETH reaches the ATH in the next 2 years. Value is flexible in financial markets and it changes constantly. Your remark is really appropriate, because ethereum and ripple already shared a second place among themselves. Based on this, when choosing the best altcoin, I would not choose between ethereum and ripple, because both coins have potential, and their prospects can only be judged after a while. |
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