BSV experienced REKT when ATH was reached, and now back to the previous level, what do you think ?, I myself feel insecure to get back into BSV, if you say bubbles I think yes People are making hype about this coins is the part of the whales strategy, i'm sure the whales are paying media and several crypto influencer to get this happen. Making it looks like a good coin but in reality the teams and the product itself are shits. So this is definetely a bubble, and the price is not stopping going down.
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I think it won't happen in a short time, people this year are focusing with bitcoin's price and the cryptocurrency enthusiasts on twitter keep spreading good news and good vibes with bitcoin's price this year. We'll wait until bitcoin bull run then followed by top altcoins bull run, and after that we hope new projects like harmony is gonna be rising
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Kinda sucks after the big 2017 pump i think people got lazy. Ethereum in my opinion is way behind schedule given the fact it still isn't as mainstream as it should be. We have Ripple that is in negotiations with Moneygram and that needs to be what Ether and its platform in my opinion needs to start looking into.
Ethereum is still potential, people are not lazy but people are no more trusting cryptocurrency since a big scams from 90% projects since 2018 till nowdays, cryptocurrency world should rebuild the people trust to make bitcoin and cryptocurrency being invested again by many big investors and become mainstream again and ofcourse clean it's title as a scam investment
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My country doesn't really put that much of regulation in here except that if you need to cash out your cryptos, you might need to comply from their KYC requirements so that they can approve your request of cashing it out to financial institutions like remittance centers.
I think there's no realtion between doing KYC for withdrawing money and the country's regulation because doing KYC or not it's all about the exchanges policy itself, and most of exchanges are not require to do KYC if we want to withdraw our money except we want to withdraw big amount of cryptocurrency
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I think the shiny things are no more impressive in this current digital world, everything will be virtual in the future and maybe the after generation are no more interested with any gold, diamonds or something like that. So when the price of bitcoin is still cheap today, it's a big chance to have them as a future investment
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LOL - video is funny. although I personally do think bitcoin would save you if a depression hits us
But the reverse too, bitcoin would bring us to depression if we don't know how to control emotion on trade Anyway i think it's just a joke video that we need to cheers ourself in this bloody market lol
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Today bitcoin loses its 7k glory, how are you guys holding up? What do you think will be the next stop? Do you think this drop in value is another strength to better bull run?
This drops continue until the end of the year, some pro traders prediction it will drop until under 5k before it's recovery. Just be ready with any condition that will happen, if you guys make bitcoin trades don't forget to set a stop loss and don't be greedy if already in profit position because it's almost impossible in this current condition of bitcoin to do a bull run.
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Do you guys think with the collaboration of the Credits and Alibaba it will bring a massive impact to industry?
I think it will has a big impact, the reasons are Alibaba is one of the big companies that has a big influence on the economic sector in China and the other reasons that many people use the services of the Alibaba to buy goods It could be a threat also for the cryptocurrency industry. If china succeed to develop their own blockchain and alibaba use it and force the worldwide buyers to use it if they want to buy some stuff at alibaba, china's blockchain payment will dominate the world payment and i'm sure people will leave cryptocurrency and bitcoin.
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I use to lose most of the time in trading and it's giving me headache. I want to ask to you guys which trading pair is better preference in bear/bull markets, whether you trade with BTC pairing during bull market or USDT pairing in bear market? I need a suggestion from community.
On this bearish market it's better to trade with BTC pair because we have to collect btc as many as we could and if the price of btc rising, we'll have double profits from btc and from the btc pair that we trade alts before. But if btc price is going down, don't worry we'll not losing any BTC and just wait for the BTC rising because in a long run btc must be higher than right now.
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The world of trading is not as easy as imagined, especially for newbies to enter the world of trading, it requires basic knowledge about trading. If you have mastered the basic knowledge of trading then we can make strategies to make profits in trading, trading strategies an effective and safe for newbie can use long-term trades strategies. Buy a few coins and wait until the price rises. The next is more risky, that is short-term trades strategies. The key to this strategy is when it gets profit just sell it. Even though the profit is only obtained 2%. The next strategies for newbie can buy new coins that want to be listed on exchanges, buy the coins before listing. So when the listing is just selling it. Usually the price can go up to 300%. Those are three strategies that can be used by newbies, hopefully they can succeed if executed correctly.
But i think as a newbie we better to do a day trading to practice our sense to predict the price, if we always do a long trade we'll just like investing. But if we do a day trade, no matter we will loss, we will learn the market movement and the market nature which we could predict the price with our own analysis later on when we experienced.
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When bitcoin rises in 2017, there non-crypto users were naturally attracted to using crypto by directly investing in Bitcoin. I think with the surge or good news, non crypto users automatically enter the world of crypto. Maybe another way that makes non crypto users interested in using crypto is by promotion gift, who doesn't want a gift, everyone will want to, they will be interested, it's just that they lack info, if only they knew about the gift in this forum, maybe they all came here.
Yeah i think the media plays an important role in the growth of cryptocurrency, when it was 2017 almost every media talk about cryptocurrency and bitcoin that's why the price pumped because it hooked many investors from non-crypto users or even the investors who never heard bitcoin or crypto before. If the medias want to those thing comeback i think they can make good news to pump the price but they don't do it, i'm sure there are whales strategies behind these crash, and we'll wait for the next pump.
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We can easily say that these new projects coming in are 'promising' but in the long run we can't determine how long they will last. The projects that are existing now, well they are good as long as they have been following their said roadmap.
But, many of them really doesn't follow it anymore. The longer the project exists, this can easily give you an idea if they really are promising.
We can't fully blame the project team if the projects not last longer than they promised. Sometimes the investors itself could not be patient when the price of the project's token is in bad condition, they will sell all their tokens and move to another projects. Investors right now are just wanting for quick profits instead of supporting a project to grow.
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One indicator considers bad altcoin because the price is not stable and tends to fall from the original price. even many altcoins are of no value. hence the perception that altcoin is born is bad.
The falling price of altcoins cannot be considered bad because I think it is just the effect of today's bad market that whales continue to control. And my basis for knowing that an altcoins are bad for us is dead coin, pump and dump coins, scam coins. THe price of altcoin will never be stable because people are buying altcoins for trades. And ofcourse if an altcoins moreover with low volume, the price would be so agile because many people are buying it just for sell it with higher price. So i think it's almost impossbile for altcoin to having a stable price except USDT and other similiar coins based on fiat currency
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Hi all,
Could really use some advice. I recently discovered Bitcoin / cryptos. As you imagine my mind was blown and I got my hand on a few different coins.
I’ve randomly come across a trader on LinkedIn proposing account management services and get weekly payment back from initial investment, such as $500 get you $1500, $2000 yields $6000 weekly and so on.
It smells too good to be true, but at the same time I have zero knowledge about trading, except that it does exist and some people do make money from it.
Are these guys all scammers, or can you actually get a good trader to grow your account for their own benefit as well as yours? So far he proposed to open an account on Coinmama and go from there.
I would greatly appreciate any advice, thanks in advance!
Kouyoku
Yes i think so, there's no service for hiring a traders except a scammers. If they really good at tradings and could make sure profits from trading they will just trade with their own money and get rich quickly. This kind of services is not make sense for me.
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I don't really care about articles like that, I want to know if you have become a successful trader, how many people are good at making nonsense, but in reality they are not like what they say, speak from the results of your own experience so you can provide concrete evidence.
Becoming a successful traders are more than just reminding those theories but we also need a trader instinc and really strong analysis and prediction. I think the really smart person is not enough to success in trading but the successful trader needs big luck and strong analysis.
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This question has been asked many times before in many different forms, and it all comes down to a basic question of adoption. In the past 10 years since bitcoin has been around, adoption has increased of course, but it's nowhere near the level needed for the entire world to run on it.
Take a look at countries where there's hyperinflation situations going on right now, like venezuela. There *is* increased adoption of crypto, including altcoins like dash, but the people there have turned mostly to other currencies that work better than their own does, like the U.S. dollar for example. I bet venezuelans know about bitcoin and other cryptos, but they're not choosing to use them for the most part.
Anyway there would have to be a worldwide economic collapse in order for crypto to take over the financial system. And honestly, I would *not* want to see a situation like that.
Yeah the worst situation could be happen in the future because many people are hating bitcoin and cryptocurrency. Many countries right now are developing blockchain adaption to beat bitcoin and cryptocurrency, if that's happen and they created something that better than cryptocurrency i'm sure people will leave it and move to their new blockchain
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I know it's sounds funny but i think the most complicated thing is the price. Why the price ? my brain is cannot accept it why a virtual currency which have no physical form and at the beginning the price is almost nothing becomes the greatest virtual currency in this world. I wonder why people are making the demands of bitcoins.
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Like I said everything is possible, but I believe every government has different perspective about bitcoin. Bitcoin can't replacement gold but bitcoin has chance to enter commodity world, the different is only equipment. Gold has good track record since long time a go and more popular as financial instrument for recover asset, bitcoin only has title alternative income and payment. So, let them fight and we only need follow the winner.
I don't think cryptocurrency could specified as commodity because i never heard a commodity with no physical form. Bitcoin and other cryptocurrencies is just like a payment money but the price movement is much more agile that's why people are using it for investment
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Reviews are taking too long isn't it? May be, because the government itself are afraid of taking risk though Libra is not about what the majority think and specially the government is thinking. I hope this thing be soon be settle as early as enough because may be if this take way more too long than it already is, it would be good as a trash project.
Government won't a full decentralized coin is become mainstream because they can't control their citizen's money and maybe the people can hide their wealth and ended avoiding tax. So the government want to make their own country blockchain coin that controllable. Libra is one of the most potential cryptocurrency to become mainstream in US but it's still need much improvement
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