According to Boris Schlossberg, the managing director of FX Strategy at BK Asset Management, the fact that bitcoin had broken above the US$7,000 level was a possible indication that there was still more upside potential. I agree with him because seeing the stability of bitcoin for the past few days after it broke the margin of 7k. I have a strong belief it can break the 8k margin. All i see is bitcoin bears fastening their seatbelts for a ride to the moon soon. All of us is hoping that bitcoin will continuously to rise and me too like all people believe that bitcoin surpassed this 7k margin. Bear market will gone and bull run will go.
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We have seen ETH going up and down so many time. Now do you think ETH is officially dead, why do you think so?
I think ups and downs price of ethereum is normal it's depending to demand in crypto market so don't tell ethereum is dead because it's still on rocketing price.
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So what do you think would happen if another Cryptocurrency (Example Monero / Ethereum etc) were to take Bitcoins spot as first in market cap?
Of course I will be shock because there's a coin can beat the bitcoin but I think it's hard to think that kind situation will happen because we all know that bitcoin most price.n and popular coin in cryptocurrency and I know nothing can beat bitcoin.
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as we are seeing other coin such as litecoin ,monera,etherium , are faster in transaction than btc
Even that coins faster in transaction we all know that no one coin will beat the bitcoin especially in price. I think it will hard to beat bitcoin because many coins is rely on it.
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When do you think Bitcoin will go back to the $20,000 mark and what factors do you think could contribute to making it happen sooner rather than later?
Well we reach 20k if the price continuously increase like now that bitcoin is growing after a bearish market. We will get there just be patience. If all crypto users contribute to bitcoin to make this growing.
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That's true don't be greedy especially in trading. Greedy person will lose everything because not every time the is on you so just be fair in everything. In crypto if your greedy it's either your win or lose being greedy will bring you down.
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I have seen a lot of threads here asking about whether people will invest in a coin or do bounty. Its high time we all understood that, investment is not only about money. To me, any effort put into something to make it a reality can be regarded as investment. People who buy coins invest with their monies whiles those who participate in bounties also invest with their time and energy. Money is a replaceable resource but time can never replaced. To me, bounty hunters are also investors. What do you think?
All of us is have a right to invest in any investment. Investment and bounty is different bounty is doing a task give us a reward to earn and you invest your time for that bounty. Investment is needed a capital to gain a profit.
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Good day, Do you think that BTC is going to reach 20k soon? If yes do I need to sell all alts and wait for rising BTC? What to do now ? I am confused!!!!
Don't sell anything or else you regret later. This is not a good time to sell what token or coin we have because if you see crypto market not stable. Bull run is not started so more patience is your needed before sell everything.
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Apple is big company and I think they know how bitcoin risky is and I think they don't need bitcoin to their company unless they change their mind to adopt bitcoin their company. But Apple is big company that don't need to rely in bitcoin.
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What was the amount with which you started trading I mean your very basic investment and was that your extra money or required money?
Maybe $500 is alright to trade as a beginner especially now that most of coin is cheap and affordable to buy. That kind of amount will give you a good profit as long you know manage well your investment.
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Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
Of course being stupid is bring you to bad doings so if you a crypto user it will affect to you and to others especially if you are dumper in crypto market. Hold our emotions is important don't push your self to bad things that will bring you to be failure.
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as we know all altcoin prices are all down, and bitcoin prices have also entered the price of $ 8000 is this a sign that crypto will end? and bitcoin prices will return like the starting price in 2016? because every thing has its time and I hope this is not the time for crypto to expire and in the future I expect altcoin and bitcoin prices to return normal again and increase the price.
No this is not the end of crypto it doesn't mean that we see crypto market is down we can say that crypto will end. We all know that we can't basing in that kind of situation because everything is have reason.
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I've bought bitcoin for $ 10,000, will bitcoin at the end of the year be $ 20,000?
It's hard to say now if bitcoin will go to $20k this year because of crypto market fluctuation. Maybe because there's some few months but it's really hard to say as of now.
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Is it safe to import MEW account with Forkdelta and trade? i am new to forkdelta need help and suggestion?? thank you in advance. Yes it's safe as long you don't stay your wallet there or your tokens. Because for me after I trade in forkdelta I remove immediately my private key or account there. We need a extra careful so if you only trade there forget immediately your MEW account there.
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Since March, most alts I've been in have gone 2-10x but I am up only 10% or so because I wasn't patient, fell for people telling me to sell early, etc. Buy and hold was the strategy for this spring. For example, I was in WAN and ONT early, AMB as well, many others.
My goal is to 3x my funds, that's all I need want to do. It seems so easy - some small coins go 3x every day.
What would you recommend for achieving this goal, this year?
I am utterly overwhelmed by the choice and the amount of shilling and promotion that goes on, and I have a lot of FOMO and anxiety so end up spreading myself thinly across many coins, when I could already have achieved my goal in a couple of months had I just bought and held, walked away from the computer.
What do you guys sincerely recommend? Safe altcoins that should 3x against btc before the end of the year?
I think you can't get 3x in this time because as you can see crypto market is fluctuating. And about your coin you hold I think you try some new not only the old once because if that coins don't have any reaction now I think much better to buy some other coin that have good value that will give you a good profit.
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Now the mainstream currency, BTC-ETH, has the upper hand, and they have the strength and technology, but the future is likely to be a new project to replace them more mature and more comprehensive. What do you think it would be?
As of now no one can say if there's another coin will be the king in the market because as of now bitcoin is on the lead and no other coin can beat bitcoin even there's so many coin that built from a great project.
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Actually I see some ads in facebook about some cryptocurrencies maybe they not totally ban it because there some ads that still promote in facebook about crypto or bitcoin. And we not surprised about that banning because know how risky crypto is.
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As of now no one can tell when bitcoin go high again because of this bear market but all is still hoping that this year we can start a bull run so we can gain a profit to what we lose this past few months.
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Are you picky with ICOs?
If course you need to be picky it comes to ICO because some ICO don't have any future in crypto or we should say they do ICO to scam the people that's why we need to be picky when we find a ICO to invest. We need to research about that ICO if that ICO have good future in crypto.
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We can't immediately conclude that bearish time will be forever. Some of this days it will over and we enjoy a bull run. Be positive because in any kind of investment,trading or businesses it will come a down times but it doesn't mean we can't recover.
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