I know crypto by the end of 2017. I learned a lot about crypto but I still do not know what it was born with a mission. I have heard many people say that crypto will change the world, crypto will be the future currency to replace real money, crypto will be applied to life, .... I still have not seen many things Applying from blockchain technology instead of paying for some co-payments between projects.
We already know that every finacial transaction has third party involved because each of us are controlled by them, that's why crypto created to decentralized the individual's assets,so that all people in the world have rights and freedom to be comfortable. I think the decentralization are the main mission of cryptocurrency plus the factor of money making for those who involve and participate in some aspects of cryptocurrency. iIt was one of them, before cryptocurrency came, many people wanted privacy in their finances and transactions and they don't get it in bank and fiat, then cryptocurrency comes to offer new innovations from a currency for transaction and financial freedom, and many people like it |
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Most likely on the contrary, the price of bitcoin is controlled only by people who do not know what to do now, because everyone's opinion is divergent. Whales now do absolutely nothing.
If that was the case, this market would be a complete mess (more than it already is). The reason that this market isn't a mess is because of whales calculating their moves instead of impulsively acting like retail traders do. Whales are just minding their own business and will do what they can to financially benefit from every possible market scenario. Pumps or dumps for them are as profitable, there is no difference. With futures and other tools that they can use manipulation is more profitable than ever before. This is the reality we have to cope with till regulations are frightening enough to discourage large scale manipulation. Yes, whales really are whales, they don't care who suffers from their actions. It's all about business for them. So it's not that they are doing absolutely nothing. They are always there, waiting for a good timing to attack and do their part. They know what they are up to and you can't stop them. You just need to be careful with your own investments. They don't care who they are hitting on. A lot of gossip is circulating if bitcoin prices are controlled by the Whales, it might happen because in the bitcoin market, influencers do exist, prices on the market are influenced by many things and if the whales has a large capital, of course they can manipulate supply and demand, they can also make news and speculations |
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I have few of my clients on exchange wallet because I love to have it in the first reach so I can trade it fast if I need, but most of my coins are on my hardware wallet that are secured more than anything else.
I know saving it in hardware wallet will be much safer, for a long-term investment, of course I keep my coin in a hard wallet, but I do trade also, of course I will save a few percent of my funds in exchange, to make it simpler when I use it to trade |
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This endless discussion about the bear market being over or not is quite funny, especially as in the end nobody really knows and it's just a matter of guessing.
The market is volatile so there is no accurate prediction when the market bear market will be over but the best thing to do is take advantage of the situation every time the market price is dropping and invest a huge amount. In most cases, many users write such messages because they want to see such a state of things in the near future. Therefore, almost every day I read about the end of the Bear market. Yeah because that's what all users expect, but I don't know why this bearish isn't over yet, even though we've been in this position for quite a long time, all users are satisfied buying lots of crypto at low prices and many of them are waiting for the bull trend to come |
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The price growth in the end of last year was simply not natural, the hype, and the FOMO took away the sense of reality of many paople. Would not blame the exchanges, big whales maybe.
if that's true manipulation of the whales, I just hope the pump price will be repeated again at the end of this year? is that possible? seeing the bitcoin market is very easy to lure to flare up, I think it's very possible. just like a few days ago, when prices rose very fast to $8200, is that manipulation? |
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patience if you do holdings and tradings because you must wait for the market to have a good value before selling or buying in trading same with holding you need to wait until the price has a good value and sell your coins for a good profit.
Patience is a very important thing in trade and investment, of course sometimes changes in the price of coins in the market are not in accordance with your expectations and we are required to holding in order to avoid losses, and of course holding need for patience as the main foundation |
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Another purpose of investment is to cope with inflation. The popular point is to preserve value. The value of gold's hedging value is recognized by the world's history, recognized by the world, and can be legally traded!
People's focus on Bitcoin is mainly on value added, but does not consider the risk of BTC!
Absolutely true, when people invest in bitcoin they only focus on growing and not seeing the big risks that exist, gold investment is chosen by several people to backup funds as well as future investments because of the small risks, avoid fluctuations and inflation |
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What you can do now is persistence. If you endure selling your cryptocurrency, you will regret it! The market is almost at the bottom, and it is better to continue to hold than to sell, waiting for the rise!
There are extra funds to buy some BTC, other cryptocurrencies don't buy!
Agree, that is what I am doing right now, holding. I have done calculations and analysis that the price now is the bottom line of bitcoin, we have been at this price for long time and have not dropped below this, it makes me sure to continue to hold and even buy a good idea |
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stacked in holding.
Well it is hard to tell when it will recover it would depend on the investors who actively invest in bitcoin and other crypto currencies. I think right now the investors are not that aggressive because they are still evaluating the market if its the right time to buy. Yes I think they already learned a lot what just happened last year so this is the reason why so many investors ate studying and waiting for the right time to make investments again. our experience should be best teacher for us.without studying and learning from market history we could not be survive in this market. From that experience we know that the price of bitcoin is indeed difficult to predict because of its fluctuations, therefore we must remain calm about what is happening in the market, we do not know how long the price will recover, which I see marketcap lower than the beginning of the year, and that's reasonable see the price is low, maybe when the marketcap starts to grow the price will begin to recover, stay focused and be patient |
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we have a very strong support at ~$6,000 for a few months now
I hope this stays true to the end of year and builds confidence on bitcoin future value
if you haven't hold enough, this is the opportunity to buy some more for somewhat good price
That's right dude, I've said that the bottom line price of bitcoin is at $6000 and when the price is around that I will recommend you to buy bitcoin at that price because it's a good opportunity to get a profit easily, don't waste this opportunity |
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Yes, this is true. There's nothing to worry when the prices fall because this is the main picture of the stockmarket. We may not see it coming but let's just hope and believe that in every fall, there's always a rise. To the moon!
Be prepared to invest in this market because you can experience a lot of fluctuations when investing. Because the cryptocurrency market is still relatively small so it is easily dominated by wealthy investors but the future of this market is still very good. I put a lot of confidence in this market in the future. I think before you invest in Crypto, of course you have heard of price fluctuations in Crypto, that is what you need to know at the beginning so that when prices fall, then you understand that and you are not afraid of falling prices, You're right dude that recovering must happen, so you don't need to be afraid of price reductions, but recover needs process and time, so patience needs to be owned by every trader and investor |
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trading will certainly be fun for those who understand and experience in trading so they can get the profit they want but for those who do not understand about trading would be very scary because they can lose money
Lol thats absolutely true mate, therefore daytrading is only for expert traders, the fun thing about trading is victory itself, where what you analyze and calculate according to what happens, when you see your orders filled it will be very exciting you know |
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Gambling is a sin and you shouldn't do that. Even though you earn something from it, that's just not a good idea to earn money. There is lot of ways to earn money, but please don't gamble it just make you worse. I'd recommend trading even though you are keep losing your money, but hey at least you do something rather than rely on your luck.
Yeah I think gambling is a place to have fun, not a place to make a profit, especially as a main income, I won't forbid you from gambling, but if you are too dependent on gambling, I'm afraid you will become addicts, and it will make you lose for a long-term |
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Currently there is no ban, just a misinformation here. Moreover, cryptosociety has never really relied or hoped for India's crypto industry to bloom, so I suppose even complete ban won't affect the rate much, though India has 1+ billion of potential users
i was also thinking the same way and even if it is really true that india had banned bitcoin , i think that wont still make a huge impact to the value of bitcoin because india is only a semi poor country which means there arent enough investors on them. we can only be threatend if bitcoin was banned on some major countries such as us or russia because both of these countries were said to the most number of bitcoin users when compared to other parts of the world. I myself just heard it and it did not give me any influence, in general if the Indian users are big enough and they get the impact of the ban it will certainly have an influence on the market, but if the user is small from India, in my opinion it will not affect the price as deep |
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I prefer to increase my dollar because if I have a lot of amount of dollar, I can buy as much bitcoin as I want especially if the price is down like this moment so I can hold a big amount of bitcoin. but I also want to increase my bitcoin amount because when the price increase, I can also increase my dollar amount and I still trying to increase both bitcoin and dollar.
Every person has their own choice, but to me I think that I will prefer to increase my bitcoin and the reason is that I have invested a lot of my money in bitcoin and therefore I am interested to in bitcoin more that USD. My mindset is to keep thinking of bitcoin as a commodity asset, and not as an active currency, I will continue to buy it until they really have price stability, now this is the most important thing where all fluctuations feel good, something that continues to grow will give real hope. that is good for you and I totally agree with you. bitcoin is like an asset for me and I will still buy more bitcoin especially if the price can get lower like today but in the other side, I still want to increase my dollar because with increasing of my dollar, it means, I can buy more bitcoin amount and I can get it at any price. and if we can have a lot of bitcoin and dollar, it will make us easy to determine which want we want to buy or sell to increase our bitcoin and our dollar in the same time. Actually actually both have almost the same meaning to get financial benefits, it's just that the way is different, you can just grow dollars with bitcoin or vice versa right? because the dollar is more familiar as a major currency so people will focus more on growing dollars than bitcoin |
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I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?
Crypto currency markets are playing Pump-dump game with us. First of all, you have to understand about current market situation. Want to suggest you, keep hold a bit more till the end of this year. Big pump is expected. But if you have any emergency then you can sell it but if not, then avoid pinic sell Agree many expect this, I think you need to be a little more patient, at least you hold it until the end of the year, I think prices will pump at that time, with lots of positive speculation I'm sure prices will recover and skyrocket at the end of the year, just wait and patient dude |
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It will have to recover, there is a halving coming in 2020, so I am not worried even a bit.
Of course the price will recover, besides halving there are many more things that can make the price of bitcoin rise. user growth will also rise the prices, the development of bitcoin in many countries and the legalization that will be implemented by many countries will certainly raise the price of bitcoin, you don't need to doubt, recover will definitely happen |
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Patience is something you need when you are investing in cryptos.These regular ups and downs will test your patience many a times.If you will have enough patience then you will handle these ups and downs very wisely and smartly.You will never do panic selling and most of the time you will get profitable investments.
Thats right, even patience will also determine whether you will profit or not, because it is not uncommon for many users to panic when facing too extreme price fluctuations like today, you are right sometimes the price changes up and down are not in accordance with your wishes and sometimes the decreasing prices occur for long time, it takes more patience from you... |
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Well, I also experienced this type of scenario and when I've been lost my wallet I was so depressed because my first bitcoin was inside that wallet, there is no day that I have been thinking about my wallet. You know it is hard to change my original wallet because you start again to zero coins and I am also scared lose it again.
Lol it's too ridiculous if you forgot your private key, start learning to be careful in storing it, maybe you can copy the private key and save it in a safe place, and don't forget to save the backup wallet also, if your private key is gone but you can still login with bakcup wallet, |
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I like to know your stand against the current market price falls down that relatively almost in the danger zone for the crypto holders if they still hold their crypto it might be one day that they will going to lose all their money. My ideals is different i had to sell it though it means that i had to lose some of my money. Anyway i could invest again when market price recovers but not for now seeing crypto market looks so bad. Will you still hold?
When will this market ever recover? I lost more than half of my money from this crazy bear market but I'm still holding just cause every time I sell my godum coins, the market recovers! I'm feeling that the market will just continue to crash and burn until I part away with the little coins I have. Why crypto? WHY!?  It seems like a lot of people are getting frustrated, just like me losing even more than half of my capital, because I hold it since the beginning of the year, yeah I'm greedy because I keep holding when ATH happens, and when prices continue to decline, I just think it's definitely recover and I'm still hold it |
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