This year has been a roller coaster ride so far, and mostly downhill. I have been trading less and less, not experienced enough to make money in these kind of bear conditions. Still trying to pick up some bargains here and there, but looking at longer term holds instead of quick turn overs. Once the market stabilises for an extended period of time, then I will get back to more regular trading. Hoping by September we will see a steady upward trend, before some real gains next year. Till then, it's a waiting game.
If you have good knowledge in trading,you will buy a bitcoin.Because, the bitcoin price is reduced to lower end.May be in September,their will be some raise in bitcoin price.If you are not depends on holding bitcoin,you can hold it till the year end.This is best time to inverse for short term profit. |
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I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.
Do you feel the same way? What are your thoughts?
You are right.If anyone sell the bitcoin at this point,they will have loss in their hand.If you want money for emergency conditions,sell the bitcoin.Orelse you have to hold it.Even the price of altcoin is low,if you proceed to sell altcion.It will be the loss for you. |
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I can understand your conditions.But you have only one option now.Don't worry about the fall and proceed to buy.I don't know the accurate reason for the fall,but it will recover very soon.May be end of this month.Many had expect the raise in bitcoin price.
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Today Bitcoin fell from $7500 to $6,700 and the price has not changed in the past 24 hours. It is at $6750 all the time.
Did something go very wrong with Bitcoin ?? -12% fall in one hour and then no trading till now..
Now the price of bitcoin reduced below 6500$ reach 6430$.This make me very angry,I need to sell 500$ of bitcoin for my personal expenses.If I had exchange 500$ with today rate,I will lose huge amount of bitcoin.For this I use to suggest the people to inverse independent money. |
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They analysis the market in very well manner.So only they are continue to inverse in bitcoin at the price crisis.Only the new people will get fear at the price fluctuation,the experienced trader will use opportunity to get more .Only the risk takers had succeed in their trade and life.
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I had received my payment for this week.
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The best way to gain when you trading is buy a bitcoin at very cheap price and sell with maximum price.Then you will get profit for sure.You no need to worry for the profit.With this you have to hold at the crisis.It will prevent you from loss.I had trading more than a year,this is my trading strategy.
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Their is no doubt for Ethereum is best for long run.Suppose you had a idea to inverse for your valuable future.You can choose the Ethereum.Now the ETH price crossed 600$ and expected to increase 1000$ at the end of August month.In August ,their will be huge raise in all the cryptocurrency.
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It had two different good news for the investors in bitcoin.Firstly bitcoin is legal one in Germany.Next the investors and traders in crypto,no need to pay any tax.Their are lot of big shots in Germany,so they will inverse their money in bitcoin.Because they won't pay any tax for investments.
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In crypto , anything can happen.
But when I see bitcoin value stay on $ 7k , it's already high enough , it means that bitcoin still have high demand so in this year I can guarantee that bitcoin will not reach $ 1000
Bitcoin had huge potential to raise to any peak.I think 7000$ is not high enough.Surely the price of bitcoin will reach some high value.Holding is the essential way to get away from loss.But I don't think the price will reduce to 1000$,it is the lowest value.It had occur at the beginning of last year. |
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Nothing is wrong with bitcoin.Actually now the investors in bitcoin is increased compared to last year.The reason for the price drop is simple.It is due to the some country announced bitcoin as illegal one.The investors in that countries,sell their bitcoin at low price.
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Every people had their own strategy and speculation of bitcoin price.Some may speculate to high value and some may had negative feedback about bitcoin due to many time fluctuation.They may get frustrated by the fall in price.I had some words for them,no need worry.Hold your valuable bitcoin.
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You had shared the useful information about taxation on bitcoin.Many people don't know bitcoin is legal or illegal their country.If the bitcoin is legal in their country,they no need to worry about the investments in crypto currency.But taxation may reduce the investors.
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Bitcoin is still in use from 2009,still now it is live.This is happen due to the increase in investors.Their is nothing wrong in taking risk for your life .Last year many risk takers became millionaire and billionaire.If the price go high ,you will get profit from it.
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To begin day trading,you have to become technical strong.You will get that knowledge by the trading experience.You will not get that by surfing and studying the article.Day trading is buying and selling in a same day by the pump and dump in the price of bitcoin. Simply buying at dump and selling at pump in a day .
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Crypto trading is good option.But if you are risk taking person for the huge profit you can choose the second option.But before starting online bet,you should keep clear your mind. You may get twice or thrice profit in online betting.On the other hand,you may lose entire investments in online betting.
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China’s government is starting an all-out war against bitcoin and other digital currencies by banning fundraising through initial coin offerings and shutting down all mainland digital currency exchanges?
Bitcoin has already caught the attention of the Chinese government with many of its people getting interested with it. But they are not totally against cryptocurrency. There are just making some regulations on it. They're just trying to manage it. They are still studying it. They also see the potential of bitcoin. But I don't think so.China government officially announced,to inverse their people in Gold and Silver instead of cryptocurrency investments.If they have a idea to regulate the cryptocurrency,why don't they asked their people to inverse in cryptocurrency.They want to improve t government treasurer by the investments from their people. |
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Nature of cryptocurrency is to be used as an asset and currency.In many state bitcoin is used as an currency.In some countries,bitcoin is used as an trusted asset.If the bitcoin is accepted as legal one,people can use it as both currency and asset.If bitcoin and crypto accept as legal,people have to pay tax.
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This is actually fluctuation occur in cryptocurrency.Because no fake or false news is came.Who know the price of bitcoin will reach 9000$ by tomorrow.This is unique features of bitcoin against cryptocurrency and altcoin.Finally,bitcoin fluctuation is temporary one .
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Many reason is behind this fluctuation.May be due to the FUD in the Market.Many times,FUD is the major cause of price fall.Due to this new investor and traders sell their valuable bitcoin at low price.Since we know the price will increase,we have to hold at that price .
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