Crypto believers are dueling with skeptics for the dominant narrative around the climb: the former see an asset being embraced for its ability to hedge risks such as inflation, while the latter sense a precarious mania riding atop waves of monetary and fiscal stimulus.

Musk gave impetus to Bitcoin joining the mainstream when Tesla Inc. said it invested $1.5 billion and was prepared to begin accepting the cryptocurrency as a form of payment for its cars. According to Dan Ives at Wedbush Securities, Tesla has made a profit of about $1 billion over the past month from that bet.

If HODLing is long-term investing, trading Bitcoin is its fast-paced equivalent. Essentially, BTC trading means taking advantage of Bitcoin’s highly volatile nature. This method requires practice and knowledge of the market, so be sure to do your homework before you even think about giving it a shot.

Here are a few styles of trading to get you started:

• Day trading – Bitcoin day trading entails short and quick trades, allowing opportunities for small and fast profits. Day traders don’t hold any open positions overnight, so the method consists of carefully analyzing the market, seeing small money-making opportunities, and capitalizing for a small profit. At the end of the session, day traders could have a significant cumulative gain.
• Swing trading – If HODLing is long-term and day trading is short-term, swing trading is kind of in the middle. Like HODLers, swing traders will buy low, wait long enough to see their holdings increase in price, and then sell high. However, their holding time isn’t as long as a HODLer and isn’t as short as a day trader.
• Arbitrage – Bitcoin arbitrage is similar to the styles above. However, instead of looking for money-making opportunities within the same exchange, traders who use arbitrage look for those opportunities across different platforms. In essence, they buy BTC from exchange A then sell it at exchange B for a higher price.

But in the past it has shed about 80% of its value on several occasions – and that incredible volatility means investors can’t easily guess where it will go from here.

One crypto-exchange founder predicted a staggering rise to $300,000 per bitcoin by the end of 2021, followed by a fall of 80%-90% and a desolate multi-year “crypto winter”.

Whatever your view, there is no denying that these “boom and bust” cycles have been a feature of bitcoin’s whole existence, so some big ups and downs seem highly likely. In short, it will be a wild ride.

While the current retreat is notable, it’s not on that scale. Bitcoin is still 93% higher than it was in January. Volatility is routine for the asset class: The 15% intraday drop on Sunday was only the biggest since February.

The trouble with any sort of price predictions for cryptocurrencies is that there aren’t a lot of fundamental metrics to form the basis of forecasts. Much comes down to best guesses on whether institutional investors will buy in and whether Bitcoin whales will sell. Less than 2% of accounts control 95% of the available supply, according to researcher Flipside Crypto. That means one large holder can have an outsized impact on the still illiquid market.

Laundering money through bitcoin is a bad idea—not only because it’s illegal, but also because it leaves a permanent trail. Defendants have repeatedly been undone because they’ve relied on the cryptocurrency for some part of their nefarious activities. Sometimes, they’ve been arrested years after their alleged crimes.

When you make this kind of purchase – which you should never do – you are speculating. This is not a useful activity. You’re playing a psychological, win-lose battle against other humans with money as the sole objective. Even if you win money through dumb luck, you have lost time and energy, which means you have lost.

I’m not scared by this,. It’s just providing a better entry point for those who want to invest mid-long term. I haven’t seen much [over-the-counter] or larger activity this week, though.

This is not the first time Musk has done this, or even the second, or third time. Every time Musk mentions the cryptocurrency, a surge (often following an eventual downfall) occurs in the prices of the cryptocurrency.

IntoTheBlock offers a wide range of analytical tools, including on-chain analysis for a variety of crypto-assets, as well as order book data and sentiment analysis.


Source : https://app.intotheblock.com/

Market movements are commonplace when the movement has been too long to be positive, because as we know that the price of bitcoin itself is almost 5 times higher than last year.

Of course the correction value will also occur and this is a natural thing, I think this is the right time to look for a moment to buy on dips in bitcoin and altcoins.

There are a couple of ways in which government intervention can influence the price of cryptocurrencies. First, governments can regulate the price of assets, such as fiat currencies, through buying and selling actions in international markets. Second, they can tamp down excessive enthusiasm for an asset class by saddling it with regulations that increase the cost of doing business. An example of this approach is bitcoin regulation being considered across various states in the United States.

Most states require surety bonds or an equivalent amount in fiat currency for cryptocurrency exchanges within their jurisdictions. Finally, governments can also make the asset scarce by imposing controls on it. An example of this is the case of gold, which has import restrictions in several countries.

The bitcoin fairy tale is full of holes and continues to be driven by nothing more than emotional traders and pretty charts. With those charts not looking so pretty anymore, bitcoin's fundamental flaws will rise to the forefront and worsen its young bear market.

Nothing. He will be either to dumb (which he is not) to sell all his coins at once since price will dump maybe under 10.000 coins so by the time he would get to 100.000 coins price will cripple since there will be no enough liquidity on the exchange. No one sells bunch of coins at once. So We assume he is smart guy (which he is) and if he wants to sell he will go in waves of small quantities in longer period of time on different exchanges. Which will not be felt by the market at all since market is liquid on this level.

I think, Grayscale may continue to keep an eye out on Filecoin is because of the nature of the protocol namely, that data is becoming the most valuable commodity in tech today.

The end goal of this project is to provide a cheaper and more efficient method by which to store sensitive files. The idea builds on top of the major Web3 movement, a movement whose philosophy is to undercut big tech’s overwhelming control over user data to give back data ownership to the people.

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Bitcoin is the world's first investment megatrend in which retail investors have led institutional adoption and the equity market has taught institutions over the past year that they can no longer ignore the influence of retail platforms.

The nature of Bitcoin as a financial asset has attracted the interest of many people and created potential financial losses. Although the line between money and financial assets is not clear, people's actions often reveal the role that these assets play in the economy. These days, the joy around Bitcoin is buying it as a financial investment, not using it as money to buy goods and services.

I think, Bitcoin is "not a stable store of value, and is not a legal tender"; in his judgment, Bitcoin "is a highly speculative asset. Of course, it is very risky if our assets put everything in bitcoin, but it is different if only partially because it is not impossible that bitcoin can be one of the income that can change our finances.

When buyers rush in, altcoin prices explode into an unsustainable trajectory. If you play your cards right, it’s possible to 2x, 5x, or even 10x your BTC investment. By contrast, markets become overbought at the end of each alt cycle.

Blow-off top signs are evident, and smart money races to get out at the highest price. High selling pressure leads to a steeper drop in alts compared to BTC, and thus BTC regains dominance. Let’s look at examples.

At the same time, the world is now witnessing Bitcoin being associated with more institutional investors such as Tesla, Microstrategy, etc. Most institutions are now considering converting their cash reserves to Bitcoin as protection against the financial crisis.

I think this is one of the reasons bitcoin will hit $ 100 000 by the end of the year.

Questions remain on the effectiveness of the regulations because taming the decentralized, regulation-free blockchain-based virtual currency market will remain a big challenge for any real-world regulator.