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No more bull run that will happen in this year! 2018 will finish without any good news in cryptocurrency. The market is full of red lines. Investors are fading away and scam projects are dominated. I never wish to have good income in this year because I was totally despair right now. However, I think 2019 is a good luck for me. Hoping that it is true.
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We need Bitcoin ETF right now! The price of bitcoin still loow even there is a small pump happening today. Bitcoin ETF is the only hope of the people. If it will be a positive news then the price of bitcoin will follow. A lot of criticism in cryptocurrency nowadays but still I am hoping that soon it will recover.
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Is bitcoin illegal in Saudi Arabia? I don't know if it is legit but I saw some article that bitcoin is illegal in this country. I don't know the legality and procedures to buy bitcoin in Saudi Arabia because I am not from that country. Maybe, you can buy some bitcoin in exchange or look for an escrow service.
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I want to learn about handling projects someday! That is what I want to know more in this industry. I think there is no more high fees than being a manager of a project. Signature Campaign today is not anymore good. In fact, we cannot guarantee to earn in joining bounty campaigns.
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As of now, ethereum is quietly. There is no chance for thise king of altcoin to rise up. In fact, it may go down once other whales sell their ethereum. But probably, there is a cycle. Ethereum will rise soon as the catalyst of bitcoin comes in. We knew that the price of ethereum depends upon bitcoin also.
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Nice thread OP! It is helpful for all of us specially to the newbies who are still confuse about the difference of centralized and decentralised exchange. In fact, there are still member in this forum who stays within a year who do not know this fact.
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Unfortunately people tend to react a lot more to bad news than good news. Well good news could raise the price, a little good news wouldn't raise the price as much as a little bad news could lower the price.
In the first place, people will not make any steps when they will not be triggered. Since we have instinct, we will do the right thing we know that will benefit us. But what we will do sometimes is a big mistake. We react easily and we cannot control ourselves specially when we are losing a lot of our capital. |
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When it goes upward? Ethereum moves down every time I look at the exchange. It bleeds today! From 700$ of 1 ethereum up to 100$ per ethereum today. It may go lesser than its current value. But wait, I do not afraid of its loss because I want to buy more ethereum. If it hits at 10 dollars, that could be a great investment for us.
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No! That is not my specialty. I never buy new token on exchange because I am weak when it comes in researching about its background specially, if I could not see its development during the token sale. I suspect every new coin to be dumped 3 days of its listing. So, I probably wait for several months to buy some of it.
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Yes of course! In market, there is no stagnant price. Today, the price of ethereum goes down but it will goes up again! Let us wait for the support level to destroy the resistance level. And be positive no matter what happens in cryptocurrency. Even there are many catalysts and news who disrupt the image of ethereum, hold this coin.
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We cannot take profit in bear market! If we have then it is only few. What we need right now is to hold. I sold my tokens when it was 500 sats because I thought it will fall to 200 sats. However, I am wrong because few days have gone by, it soar up to 1500 sats before it goes down. I am emphasize here is that, we need nothing to do in bearish period but to hold our tokens.
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I think there is no more future for ICO if they are always be like this. Many ICO's have failed in this year. Some of them are existing this industry while other are extending for 6 months. A lot of ICO's and bounty that I joined who extend in the first quarter of 2019. They should provide us good ways why need to invest with them so that, they gain our trust back.
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I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
One of the best indicator to be used in trading is MACD or Moving Average Convergence and Divergence. I just don't know how it works in cryptocurrency because I saw it is use in Stock Exchange. A lot of things that crypto and stocks have differ. In fact, there are more high volume of trades when it comes in stocks than crypto specially the new coin from exchange. |
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I have seen a lot of similar ranting while the price was going down. At each dip, I always found one or two such topics. However, this is somewhat new to me when I see someone ranting when the price of bitcoin is slowly stabilizing!
Also the argument is not really making sense to me because of the mention of some imaginary whale flooding the market with fake orders in order to keep the price stable! Really!!
I mean why would a millionaire trader keep on pumping and dumping at the same time to keep the market stable?? What's the reward that whale is going to fetch?? Think about all these factors! Bitcoin price stabilizing, is a good news for us! Only people who invested during late 2017, will not be happy!
Obviously! People who had invested during late 2017 have never been backed their capital till now. Because of greediness and expectation, many people trapped in the price of bitcoin. At this time, buying bitcoin is good. The current price of bitcoin makes buyer glad because they knew that the price will come back again. |
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Of course yes! As you look at the price today, bitcoin and other cryptocurrency drop. From 6500 USD, it fell to 4500 USD in just a couple of days. By that scenario, we can buy bitcoin and wait for it to bounce back in 6K dollars. It's not yet the end of bitcoin but it just the start of pumping!
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That's actually a great idea. It should be implemented in all democratic countries because I personally never trusted those who were counting the votes. Another great one from Japan.
Japan has the innovative way of adapting whatever in technology because they are more industrialised than other countries. They know where they will start and when blockchain technology will adapt. This is a great news because it may change the future of cryptocurrency once Japan will join the growing industry of crypto. |
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Bitcoin use internet to conduct digital transaction. If there is no internet connection around the world then bitcoin will never be made or invented. In some point, there is no more revolution if there is no bitcoin and blockchain technology. Internet is useless also because all of we can do is to put data in internet. Bitcoin revolves everything and innovate the use of internet.
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Just HODL, ethereum will recover but well we do not know when. I hope you have job outside this forum, you will need it since i t will take sometime before we can see ETH to be bullish. You can also try to day trade to take advantage of fluctuation but I know it is more risky than holding but at least you have a chance to breaking it even if you bought it at a higher price.
I am planning to buy ethereum @100 USD. Maybe, it will go to the floor for the next few weeks. Now, we can say that having a job is far better than making daily trade as your income. I know that plenty of us here are leaving their job just to focus on cryptocurrency. But as of now, we need to look for a job and wait till the market goes up again. |
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Like you, I feel also a bad luck year when I was started in this forum. In fact, I think I am more pity than you because until now, I do not have much money or even cryptocurrency to make as investment. Yet, I gained enough tokens to be converted as my money to provide my daily necessity.
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Manipulation would be the main reason. As you can see, bitcoin remained stagnant for months until before the Nov. 15 hard fork of BCH. Craig Wright have made comments regarding his control on bitcoin and it could possibly be the case. Naturally, people will panic and have since sold their holdings together with other investors, causing a domino effect overall on the market.
It'll be long before everything goes to normal, or at least the control of manipulators be removed.
Price manipulation is what I saw also in the current drop. This is not an easy month for us. If the end of 2017 is full of excitement, the end of 2018 will become worst for all of us. Imagine, if it fluctuates around 2000 dollars and there is no more support after that, the price will fall under 1k dollars. Therefore, its hard to make decision in buying nowadays. |
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