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I feel that crypto market is in comfort zone right now if we have a look on the past week there is a descent pump in BTC, also the past halvings didn't disappointed us similarly the result would be a positive one this time too.
I understand that COVID-19 is a serious threat to everyone but I believe this will not affect the crypto market and we are experiencing this as well, still guys don't expect too much pump and dump your coins because everything is unpredictable in crypto be cautious.
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Yes, this pandemic has caused a major drawback for crypto community. People are very much concerned as the lockdowns still continues in many countries which is causing them to sell their holdings for daily needs.
But I personally feel that crypto has not much affected like stock markets, oil and other stuffs. I think crypto is proving it's capability in tough situations like COVID-19, Some how we will overcome this time and let's pray everyone for speedy recovery.
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I really appreciate you after going through all these stuffs, disappointments are everywhere mate and I believe you will overcome it. Sometimes our closed ones will backbite us well that's how the human nature is all about..forget about the past just move on.
Well BTC is absolute gem mate you can trust it without any hesitation, the thing is all about patience and time just wait for your day I am damn sure your dreams will come true.
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I guess there might an impact on the future economy of crypto in 2021 because the market needs more time from now as it looks extremely volatile, predictions don't favour us everytime it's like a rare instances.
As COVID-19 has already bombarded the entire globe I think it will take some time for crypto to recover from this trend. I wish next year should be a memorable year for crypto.
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It's really interesting to see ETH is pumping and many ethereum analyst believe that the second largest crypto currency will pump by atleast 25%.
The recent bullish trend is now the key factor for other altcoins as well, As ETH goes above $180 there might be a strong momentum for the next few days and I wish it should keep going on the same track like now..
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Well, stable coins was developed only to reduce the price volatility. Some stable coin like tether is traded below $1 and some are directly converted to USD, and others manipulate their own tokens to change its value to 1$ during pump and dump. The key factor on stable coins is it's volatility it's highly contagious.
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Yup, Bitcoin is really good as an investment if you have plans to invest in it for a long term. Another thing is that it's always good to know when you should invest, because if you invest in the wrong time, you might still be losing money after holding it for a long term; you can imagine those that invested their money around 2018 when the price of Bitcoin crashed to a low price. Till now a lot of those people have not been able to recover the money they lost in Bitcoin.
So, it's good to make proper plans, and know that situations such as what we have seen this year, can happen any time, though I don't pray for it to happen again.
I understand that you are saying to invest when the BTC price goes down? If this is the point I think even now it's a great opportunity to invest in BTC now right??? Just have a look at last month BTC price came around 5k and this is the best opportunity I feel to make quick money in short term, and I believe there is few more time left to Invest now as halving is nearing I hope the price will reach atleast 10k... |
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I'm always ready for it since the day Bitcoin started to drop drastically last year. Most people already expect the what ifs of Bitcoin price after the halving since the last halving was a success and it always gives a positive response in the market. But it will take more time before we could actually see the real bullish price of the market. Investors are already accomodating ever since Bitcoin started to get bearish while holding it and waiting for the bullish market.
I agree with you halving is the key factor for the bullish trend on the market, and yes most of the Investors have already filled their bags when the price of BTC dropped massively before two months and now they are desperately waiting for halving to happen. If the halving goes on a positive trend the price will go over the moon again. |
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BTC halving is for real and it is conducted once in four years also it's already been scheduled to take place in the mid of may, well the past halvings inspired as by celebrations I am sure even this time it will bring back fortunes again. The halving may bring new market entrants and the past history we have seen price surge I expect the competition among miners would be getting intense.
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Yes there are more crypto charity organisation right now after the pandemic has started I am really not sure much true it is, I am not saying all are scammers but yes there are people's who take advantage of the situation as well.
Also I went through an article where FBI clearly states that any crypto donor who believes they might be a scammer should first verify about the charity and it's organisation, it's so indicative of human nature so be careful guys.
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It's really hard to see XRP is slowly fading from people's eye, they need come up with strong analytical skills to catch Investors mind. Ripple was a powerful asset when BTC went down badly, it was tremendous centralised platform where a large number of investors gathered when BTC went down. However I still believe XRP will bounce back than ever.
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I do not work with Monero and do not support this coin. I am a person who is against such anonymous coins that are openly used in the darknet to hide the criminal activity of people. it will be better for the crypto market without such coins
Do you think Monero is doing such activity??? Before few years people were blaming crypto technology is completely illegal which is purely helpful for criminal activities, when gradually it started to grow they supported it. Similarly the same thing is with your thread. I am not against you I am just giving a clarity on how good is Monero. |
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BTC is approaching a key resistance of $7k, BTC bears tried many attempts to push the price down but unfortunately they failed.
The next major resistance is nearing the $7.5k so more likely a strong rally is coming this session hope it may happen before halving too, so it's always better to hold and wait patiently until the price goes up.
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Exactly, banking and finance comes the first part for them because this is foremost important in human's life. I would appreciate their wonderful Invention especially on the development to avoid banks.
Also if the transactions made faster I am sure BTC will be the undertake banks and will become the dominator, however they have to focus on emerging economic markets to achieve more.
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How did I miss this coin as I had no idea about wazirx till now but I did bit of research after seeing this thread and yes wazirx has a bright future because there are lot of crypto enthusiasts in India and wazirx can be an indian version of localbitcoin, it has been listed in Binance itself is a great feat to achieve.
Obviously even I was shocked when the price of WazirX went to skyrocket after the Indian government showed green signal to crypto currency, to be honest I worried a lot that I should have made investment in this coin. After their tie up with binance the price will definitely go up after few years WazirX will dominate the Indian crypto market. |
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This is manipulated for sure the price movements clearly shows that, there is still clear evidence that it is apparent. The idea is pretty simple whales will accumulate coins of the small market cap Cryptocurrency, then they will convince other to buy and the price will dramatically increase. The whales then dump their coins, which may cause a big drop in price.
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Nothing has changed I am planning to buy few coins even now as halving is nearing I still believe the price value will increase for sure, also currently most of them are selling their assets because of this COVID-19.
As lockdown remains to continue people are running out of money so most of them are selling and I guess this is the best opportunity to make use of the situation.
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I really like stable coins you can make good profits by putting them in stakes and with this crisis for the virus they are an excellent safe haven alternative to cash / fiat
indeed only stable coins can still survive when there is an outbreak of this corona virus, but I am sure stable coins will not be able to provide much profit like bitcoin and other altcoins because the price increase depends on fiat price movements. Yes stable coin is immune from market fluctuations as its value depends on fiat i.e USD, but I don't think fiat will ever be used for investment purpose as it's just used to store value during uncertain market situations to avoid losing money or while trading stable coin can be used but it can never gain status of other crypto coins. |
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I would request you not to believe in any of these rumors as these are the same people who will be screaming their lungs out claiming bitcoin will reach $100,000 if the value of bitcoin increases by just $500, rather I would suggest you to follow the market trend every day and set up reminders for pumps and dumps with a value of $500 at both ends. If you do this then you will be in a better position to judge the market trend and you will be able to make a decision on own rather than losing money with other people's opinion.
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When we have a look on the past two halvings it looks like this time the price will go beyond 10k this is my personal opinion, because we are already struggling in COVID-19 as situation is worsening everyday daily life has been badly affected and people are ready to sell their asset to survive.
The key factor is maximum number of European people have been affected where you can find more investors so it's pretty hard to predict the market right now, at the same time altcoins price will be dependent on BTC price without any doubt.
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