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October 19, 2021, 09:17:00 AM *
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1  Economy / Speculation / Re: Is $48k the next Bitcoin benchmark? on: August 18, 2021, 11:42:00 PM
The resistance was too hard to break, which I think $48k benchmark is hard to achieve right now. It might take more months before we're going to see nearly on that price, because as fluctuations made traders panic they still rely in negative news.
Everytime the market initiates downturn, it caused a lot of people becomes anxious and emotional. That's normal for new comers who didn't have knowledge on everything with cryptocurrency.
2  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin increase wealth equality? on: August 17, 2021, 11:47:09 PM
Bitcoin will only benefit for those who really have enough money or the rich guys buying it. Sadly the average people one get smaller portions of profit out of it, because they can't buy as much as the rich person did.
However there's an other options investing with altcoins can be a good alternative but have no assurance at all.
In general I don't see any wealth equality, everyone has a different financial wealth situation to tackle with.
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be more effective in the future on: August 16, 2021, 11:16:32 PM
Right now in some of the countries Bitcoin is been banned or restricted, when I think of it I do not blame the government why Bitcoin or cryptocurrencies is been restricted because they do not know the value or importance of Bitcoin. Some government officials have never done any transactions, I mean to buy or invest to Bitcoin or to use Bitcoin as a means to acquire goods and services.

Bitcoin will be more effective in the future, because presently people who are more into cryptocurrency are the younger ones (18-50 years in age).
They know the value and importance of Bitcoin. Despite the ban of Bitcoin in some countries, some individuals mostly the younger ones still have access to Bitcoin. I believe will be more effective in the future.

This has been effective, not just talks about the future but it's present outbreak that attracts more investors. Those who had doubts in bitcoin, now started to develop their positive possessions in holding btc as their future asset. If I didn't failed during 2017, then holding those coins that spent on dead investment will be worthy for profit now.
Well, that's worst past nightmares and let's now face another chapter which is more effective than before.
4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which Altcoins Have Good Opportunities in the Next Year on: August 16, 2021, 10:07:27 PM
Most people have been surprised the last time we've seen such rise, but it went so down so fast in line with Bitcoin's correction stage. But that doesn't hinder dogecoin to recover recently, it's not at $0.32 per coin which I believed go uptrend once there's another brighter opportunities prior next year comes.
Along with this visions, I am looking forward on xrp and trx that their price soar just like what happened to bnb.
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum @4k on: August 12, 2021, 11:11:29 PM
Probably it's impossible now to happen as it showing negative results, and gradually losing value to be honest, so again we don't have any idea if after these circumstances it will recover immediately as its suddenly down by 6% along with other cyrpto in the market as of today.
If most of the investors are dumping right now or there's a panic selling despite of the situation, for sure the uptrend is totally over, wherein there's no chance to hit that 4k before this month ends.

Perhaps, you maybe certain on some aspects that actually seen on the latest fluctuations. Somehow it begun to create some tensions so people now tend to be afraid, but the more you're worried of, then that's the time market become more productive. On my experiences, it really happened to me that's why I'm not really putting myself to stress and I recommend to trust eth that it would come back at $4k someday.
6  Economy / Speculation / Re: Bitcoin faces strong resistance to reach $50k? on: August 12, 2021, 10:37:39 PM
This week started with much anticipation for Bitcoin price analysts such as myself with high hopes that we are going to see a 50k Bitcoin price at the end of the week, we saw how Bitcoin price reached above $46k during this week before correcting down to $44k at the moment and the weekend is almost here.
What are your Bitcoin price predictions are we going to enter the weekend in green and what is your price prediction this weekend.

Gladly we've been feeling amazing things over the past days of Bitcoin, and now there's a slight corrections happening. I don't know how short traders handles this kind of situation, my only advice for them is to hold and tight their belts on this progression. We're not going to predict an additional idea here about the price but I think $50k is more than enough if we're going to beat that. Because the graphical trend looks promising and the unpredictability of crypto market created different surprising pattern which is not transparent to all of us.
7  Bitcoin / Bitcoin Discussion / Re: How can you combat market gloom? on: August 12, 2021, 10:12:17 PM
When my TA fails and the market enters a bear phase, I find it tough to cope with the market. Although I find it difficult to sell or choose to hold, I have found that the majority of the tokens I have do not change when I sell. Changes took place. I honestly have no idea why.
Please tell us how you handle market conditions and feelings.
We do fail when decisions has no certain reference during analysis, and coping with the market conditions isn't that easy. Difficulty of selling during volatility of price was about to be losing, while majority of the coins had been saturating after quick increase. Handling this kind of market, should have a strong motivation which technically involves emotional control.

Learning the process should take guidance from a trusted mentor which could help you in everything you need to cope up stress on different market behaviors.
8  Economy / Trading Discussion / Re: Prices rises - Tx fees stay low? on: August 12, 2021, 09:21:53 PM
I'm not really trading, but who doesn't like more BTC by selling high and buying again "low"?
Am I wrong or is the mempool being pretty empty a REALLY bad sign for the 50%+ in Price?
Is this the last high for this year? Or am I being too paranoid after 2017  Grin

Don't be too paranoid based on your previous past experience, let's be optimistic now and look upon the reality that we're going to survive after the recent market changes. Though we experienced minor take down, but that doesn't mean we're giving up and in fact this was really doing good today because tx fees remained so accommodating with fair increase. Everytime price going to rise, increase happened but not that harse and it depends on bracket percentage.
9  Economy / Trading Discussion / Re: Emotions should never be traded. on: August 11, 2021, 11:11:10 PM
There's always a problem when it comes to trading, specially for those new comers who took a wrong entry. Mostly, they bought their coins at the highest price so they're likely to be failing in the future. Without further knowledge about what they're doing particularly when ot come to price saturation, emotions is their enemy on that particular stage. Fears, anxieties and depression was a huge problems that we're going to battle.
Being a human, we had that instincts which actually difficult to handle. So easy to say have control, but we need guidance from experienced traders and I won't recommend some softwares because they're also made by experts that a beginner won't relate some basic points.
10  Bitcoin / Bitcoin Discussion / Re: Should I buy Bitcoin? on: August 11, 2021, 09:51:01 PM
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!

Learn everything from within, that's the first options that you should do before buying bitcoin as your investments for the future. If you do absorb all the characters that a cryptocurrency is having, then you can decide whether you're going to buy or not. For now the trend of bitcoin was doing great and positive so it's up to you to decide all by yourself. We can't force everybody to buy without proper understanding.
I suggest to start while there's an opportunity before second ATH comes which is much higher than previous one.
11  Economy / Speculation / Re: Bullish News!!! on: August 11, 2021, 09:28:52 PM
Of course,,, I do not mind a bit of good news but we have to accept nothing can change this move forward. Not good news, not bad news. Here we go!
Yes, moon boys are back in action.  Tongue

News are indicators but sometimes they're discouraging the market whenever the news are not that really good.

Now what surprised me is that Monday and Tuesday prices did dip but only for a little while and not so badly in fact made a new high,,, which was different from 2 previous weeks where those days wiped out the weekend gains (Temporarily only of course).

Does this mean bears are tired or waiting?Wink

Not actually tired but it weakened the resistance of bears as demand arises, because there's a possibility of panic buying that happened lately.
Recently, Bitcoin price pumped $46740 at it's highest and stabilized within $45986 which potentially breaks another resistance towards $47k.
We just need to calm ourselves while we're at the midst of uncertainty, bullish news sometimes created confusions; everybody should be aware of that.
12  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Burning plans on: August 10, 2021, 10:11:44 PM
When u hear/read a coin have a burning plan in their roadmap - is it a always buy in before and sell when it happen? ( Excluded shitcoins).

Depends on which coin.  If the coin is a top-rated coin according to Coinmarketcap, then it's good to buy before the burn. For the short-term trade, it's a good strategy to make some easy buck. When the CEO of Binance exchange CZ announces any burning date, BNB coin pump hard. It's the same for FTX also. A few months ago NWC team also burned a lot of NWC coins and when the announcement came NWC pumped hard. I also earned a few bucks for the burning news. But dont forget to use stop-loss because some bag holders also dump their bags in this kind of news/announcement.  

We should be careful on this kind of situation which tried to feed with our minds, because news regarding burning was not really beneficial. Because if that token or coin reduced supply through burning plans has no good and strong support from holders and traders, we can't expect any positive outcome even though that burns will be successful.
All we need is the reality, in order to make our choosen asset increase at profitable value. One example of that is the reduced supply of ethereum, and I'm also hoping for other platforms to have this kind of strategy.
13  Economy / Speculation / Re: Is Bitcoin Bullish At The Moment on: August 10, 2021, 09:47:39 PM
My assessment for the current bitcoin progress right now was really exciting, as I observed recently we've reached already at $45k. After that price went through many fluctuations, there it goes predictions begun happening every now and then. Our next target will be $50k, it could be tommorow or next month because right now the current value was really volatile and most probably it will remain stabilized within $45k-$46k the whole August.
14  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a safe haven? on: August 10, 2021, 08:34:40 PM
You can't actually figure out this bitcoin to be safe because it's still susceptible of being volatile at any possible situations.
Even banking system wouldn't be considered safe, you're still facing the risk when saving money on them due to tendency of having bankruptcy or economic crisis.
If you're wiser enough and a long term holder, choosing Bitcoin as your alternative haven instead of fiat can be a best choice compared from other low ranked coins.
15  Economy / Speculation / Re: Bitcoin August 2021 Target? on: August 09, 2021, 11:16:54 PM
Greetings Bitcoin Talk Users,

As we have already seen the market fluctuation and the price dumped of BTC from $60k to $30k but in the last few days BTC is pumped again and the price crosses $40k. I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?

We're heading towards $50k as of this moment because btc price was at $46k above recently. The price has a good volume and the momentum is getting stronger based on how the chart trend moves. It's not that fast as everyone expected for a bullrun, but there's a consistent demand increase while minimal fall while volatility was about to cause small crashes.
Altcoins now started to suffer in the midst of bitcoin rising trend.
16  Economy / Speculation / Re: People are panic buying right now! on: August 09, 2021, 10:17:06 PM
Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

Exactly, that's the reality of what's been happening right now on current price. Demand arises after several positive news came out, so to those in regrets right now they're trying to ride with the uptrend situation of btc price. Predictions is now doing great, and it's actually attracting more investors and new traders to start an entry point for their trading career. Sooner we will see $50k again pumping until $60k.
17  Economy / Service Discussion / Re: Need help withdrawing money from coinsutramining(.)com on: August 08, 2021, 11:41:39 PM
Hello All ..

Is there any knowledge about this site?

https://coinsutramining.com

If it's real or a scam site

You should get rid of this site my friend, eversince from the beginning of cryptocurrency mining sites has no real mining farm. All they been doing was to deceive people from their formulated system that's really doing fraudulent activities.
I wondered how they fools many people, and based on how I analyze their scheme was using ponzi. If you're facing problems with withdrawal, I think they're starting to take everybody's money then eventually shuts their website down in the future.
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum is rising, Is this really the effect of ethereum's London hard fork? on: August 07, 2021, 11:56:22 PM
Yes, it's all due to the London hardfork. You calculate how much Eth are being burned every minute or every hour up to every day. That's a lot of money that's being burned.
I think that's one of the best feature that they've made and for those holders of Ethereum even if it's just 1 or lesser, you should hold it.

That's now transparently revealed to all of us, and I believed this idea would attract more investors and in fact there's a lot of predictions targetting $10k this year. Hopefully, it won't be reversal when other holders tend to be panic when there's possible downturn if FUD will again try to deceive in the midst of ethereum progressive development.
19  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is this another Ethereum season on: August 06, 2021, 10:39:38 PM
I really hope that this will happen, because if you look at the development of ethereum right now, it's very good, so it's very likely that ethereum will rise, or even touch new ATH before the end of the year.
The uniqueness of Ethereum is very visible at this time when the fees are already very low but the price continues to increase, not to mention there will be burning on every transaction made by every Ethereum user at this time

We don't know yet if the price of fees will still be low after the latest news about burning will do a specific adjustments on that matter.
The unpredictability of erc20 network has been doing well for so many years, and I guess this will be a good start for another season. Because every year they continue to improve due to tight market competition.
20  Economy / Trading Discussion / Re: The reason why investors often lose money on: August 05, 2021, 09:56:31 PM
The reason why investors often lose money; as a novice, I summarized the experience in trading:

1. Investment does not equal speculation
2. Not aware of new market changes
3. Do some price comparisons of several currencies that are promising in the past and this year (you can also search the project keywords in the forum to see everyone's thoughts on this project as a reference)
4. Speculators also lose money. Investors are thorough gamblers. When I didn't buy in, I kept holding. If the currency price drops sharply, we will be finished. Maybe speculators buy at the same time (the speculators who have done the market record will be aware of the red flag warning, bad things will happen, the speculators will take action to minimize the loss, and then wait for the next favorable Opportunity to act again

There are some rules to keep in mind:

1. Never sell because the price looks high. For example, if you look at it from 10 to 20, what should you judge at this time is what is preventing them from 20-50?
2. Similarly, don't buy directly because of the high price in the previous period and a lot of drop. The decline is justified.
3. Never equalize the loss in your current account, as there is a high probability that you will lose more.

We are already in a fickle market, and more often there are no rules to follow, but setting up some own trading rules will reduce my losses.

Hope to communicate with everyone

It made me think about my brother who was ranting over his xrp and trend to dump because the value went at losing state. At first he was only motivated due to higher value price of his assets consisting other coins. But recently he was demotivated because of falling market which altcoin also suffered while btc was struggling to be back at $40k level.
That situation litteraly an example why a person lose in trading, emotions is our very concern here.
Never sell just because you're afraid to lose it all, but rather sell when price again comes for another ATH.
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