How great is that, bitcoin nowadays is really volatile, small news, it is dumping and pumping anytime. It is really hard to predict the market nowadays, specially when bear market. But for me, trading is not easy, it is really risky.
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I am new to trading.Please suggest me some good marketplace for trading.
You can start to trade with small amount first, you should first to learn basics of trading, like how to use different exchange, how to set sell order or buy order and learn also how to read charts and different pattern.
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For now, I think there are some people behind pump and dumps of Bitcoin, like there are some manipulation happening now. You can also consider fake news or people spreading FUD to to other people to make the price of Bitcoin dump.
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Mahirap maging full time trader, kasi kailangan mo pag aralan magbasa ng chart at kailangan mo e handle ang emotion mo, dahil ang pag te trade ay hindi biro. Tapos kailangan mo ng malaking starting capital para maging full time trader, mahirap talaga maging trader kahit part time.
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The price of Bitcoin is not a problem, the only problem is the ETF, whenever the ETF will not approve, we can expect a huge dump. But when the ETF will approve, we can expect a huge pump. But I believe that the manipulation of Bitcoin is still there that's why the ETF got postponed.
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That's the reason why I love ethereum. Ethereum is really quality project, when we talk about the price of Ethereum, ethereum's price is quite good, not so expensive and not so cheap compare to Bitcoin. Reason the price of ethereum is stagnant it is because the market is the only decides it.
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Emotion is the main enemy of every trader nowadays. Specially when bear market, when you can't control your own emotions, you may lost your money in just a seconds. As a trader, we should know how to control our own emotions before anything else.
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Ito ang magandang simula sa bansa natin, kahit kunti pa lang ang mga crypto companies sa atin, pero yan ang stepping stone natin. Lahat naman nag uumpisa sa maliit, dahil jan sa mga company na ganyan, mas lalo nakikilala ang cryptocurrency. Laking pasalaman talaga ako dahil meron parin tayong pumapasok na mga crypto company sa bansa natin.
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That is very good news for everyone in blockchain. We all know that blockchain is really helpful, this is really the best technology so far for this generation and it will continue to improve until next generation. For me, blockchain is just starting, there's still a lot of time.
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That is really sick, $2,000 is really large amount for trading. But in your post, it is really the best to learn how to control our emotion specially in trading cryptocurrency. Your words is really true but most of people don't doing that. That is very sad reality.
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For me YES, there are many big people behind this manipulation. Specially those people that is really rich, and planning to start to invest in cryptocurrencies. I really believe that manipulation of the price of Bitcoin still effective but it will not be effective forever, bitcoin will become fully decentralized soon.
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For me, it is good to invest in some ICO while bear market. Because the value of ethereum/btc is low, then those ICO will also base on the cheap price/current price of Bitcoin or ethereum. Because when you will invest while bull market, there is possibility that the market will dump surprise.
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For me NO. Bitcoin is created to become decentralized. I believe that decentralization is really important in cryptocurrency, because thru that, we cannot easily manipulate the price, specially in Bitcoin. I really don't agree that Bitcoin will become centralized.
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For me Bitcoin Forks are very helpful to the Bitcoin because on every forks, it will help Bitcoin to improve, specially when the Bitcoin got some problem. So, bitcoin forks will help the Bitcoin itself to make more the best and will decrease also transaction fees.
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Yes, we are ready to use the digital currency, this is just a starting. I don't agree on what you said that cryptocurrency will replace all national currency. There are some people who are not comfortable using cryptocurrency for particular services or payment, we can't force every people.
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For me YES! Specially when that project is really active and have large communities, it will really attract investors. Because once the investor notice that their project is getting popular to every crypto community, it will lure some investors.
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Because there are lot of people using only Bitcoin just to earn money, they want to get rich because of Bitcoin, I really don't agree on that idea. That's why Bitcoin making the world go crazy, they should know how Bitcoin works and they should appreciate the use of Bitcoin.
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Ethereum for me, because Ethereum is very the best for every businesses. Ethereum will grow specially now, that the cryptocurrency is getting popular, most of businesses that will enter to crypto, they will use ethereum smart contracts.
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Mining is really the best source of income in crypto, because it is totally passive, the only problem on that is you need a huge starting capital to start mining, you need huge money for buying materials for mining. But in mining, if you totally believe on crypto you are mining, you will mine all the way, but if that crypto will dump, then you are at loss.
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For me, I bought Bitcoin at $18,500. That is my biggest mistake, but I still hoping that the bitcoin price will be back again around that price, I will still hold until $20,000. But I already accepted my mistake, and already learned from it.
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