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The idea of making bitcoin as global currency or repressing it as global currency is old and hot topic these days. However its been discussed already that bitcoin dont have that much capability as it should be having to take the place of fiat currency. I mean fiat is at one side where it is stable, circulating as per demand needs and having non ending supply yet valued. However, bitcoin is completely opposite to this, its not stable, the value keep changing everyday, plus supply is not changing according to demand but staying as it is. This means its not having currency property yet, its more or less asset.
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I think it's better if you check the other coins because many coins right now have been raising its price. Look at this list of gainers https://coinmarketcap.com/gainers-losers/So, don't focus on a single coin because not all coins are always the same price movement. Since bitcoin is supported and has strong resistance at $6k price that I think it's a good opportunity to buy bitcoin and wait for bitcoin price to rise again to make a profit. Don't focus to USD-BTC or USD-Altcoin try to multiple gains by BTC/altcoin or Altcoin to BTC to maximize your profit. This is a very good strategy and I guess everyone must be following the positive market rather than negative one because that one will bring only thoughts which are not worth anything. We can trade in the bear market too. Recently I have read a great article on the forum only where I came to know different mistakes that people do and how that can be overcome with our own techniques and thus make things look better. This article states that in the bear market also you can have the same swing trades as you would in the bull market because in any of those you always get to see little ups and downs. |
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How to trade for bitcoin when it is bearish? Is it fixated on the FA, or do you still use TA. Please enlighten me, thanks.
Never believed in the TA mate because that is just not the right way to work with the crypto currency. I am 99% sure that only 1% of the TA's will be right or upto the mark and hence it is hard to find them. You better focus on the fundamentals. Right now the market isn't moving because of these kind of factor but more or less because of artificial deeds. I am sure that whales has got to do many things right now. They are manipulating this market because they want to get in and buy more than what they could afford because they know big pump is coming soon. Thats what it is all about, the bearish isn't true, its been done. |
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Bear Fear
For those who are not capable of having control over their investment can do one easy stuff : They can go for the short term trading along with the swing mode. Though we are in the bear mode then also crypto currencies keep fluctuating within that bear wave by 5-10% on a day or two basis. It can be done with careful selection of coins with such volatility and still have profits being in the bear. With the time you may think that Bear is nothing and just nausea which can be overcome very easily. This is what everyone should be looking for. To be honest most of the people on the forum are always afraid of the bear market and always start nerve wrecking reaction whenever they see the bitcoin or altcoins in the bear mode. They keep asking what they should do, whether they should be selling their capital or should they convert this to that and make thing look worse all the time and leading themselves to the loss and nothing else. This is best strategy to look after because its true that though there is bear then also there are up and down moments within that period. Nicely written OP. |
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I believe there is only one type and thats Tier 1 to infinity and all of them is filled with bitcoin only. There is no other tier because it is just about the bitcoin and no other coins really. I believe in bitcoin a lot because its one of its kind and frankly 99% people are 100% holding some amount of bitcoin all the time. This means bitcoin receives its great support from small and big investors all the time and thus becomes the most traded as well as popular coin of all time. You might have created this list out of enthusiasm but there is only one exciting coin and its bitcoin.
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Ane rasa semua negara punya asuransi tapi supaya anda tau asuransi itu tidak dimiliki oleh semua orang hanya orang-orang yang ekonominya stabil aja yang sanggup menabung di asuransi tersebut....tetapi bagi yang ekonomi nya macet hanya bisa berharap saja.
English dude ; English !Does your country have insurance and whether is it useful to overcome your economic problems,
I see in some countries only people who have enough economics who have insurance
and those who are poor do not have insurance.
is this fair.
I think you have gotten the concept of insurance completely wrong here. Insurance wont help economic growth by nay means because it is just way of saving your money into an organisation which is going to put another half of the money for you so that you can have full privileges on services that they offer. For example, health insurance would be covering of all your money that is needed for some surgeries where you will have to put 0% or 50% of your own money and rets is assured by the Insurance company. Same for cars, homes, life, properties etc etc. This is not way of improving the economic situation, it is way of improving your life! Its just another product or service within your country. Does it help poor ? No it wont because they are not aware of it or cant afford to put X % in it. |
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Interesting, why you mentioned cardano specifically!
Anyway, there are many projects which are still in existence along with their team members around the project 24x7.
I agree that there are many projects which has turned out to be scammers but that doesnt mean that every project that comes out is scam one. Its not true. This shodulnt be mixed with each project because many projects does have team with great skills and ready to take it to the moon.
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That could be true in many sense but that is not just the case here. Many private organisation or even governments might just make themselves a new sort of blockchain world but I am pretty sure that it is not going to help them at all as it will be limited and they wont be wide spread as the current blockchain is. The current blockchain is offering freedom to the whole world while the private blockchain will be just limited to that particular company, organisation etc where it will work in symphony with the applications of it. So there is lot of cons of that and prose too.
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It doesnt work on the basis of bitcoin growth or market itself. Alts are individual projects who are getting developed with their own pace and it depends on different strategies too. You should not be mixing the stuff with bitcoin and altcoins because as I said they are individuals who are working differently. Altcoins can be bets investment than the bitcoin because they have higher chances of going up and profit more as they carry less value within them. The less value means that they are able to spike easily with smallest investment also. With the growing market they grow faster too. So just be patient and see the progress.
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Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
Off course it is truly disappointing that market started to crash back to wherever it started first. This is off course not the good thing if we want the market to be healthy and ever growing. This has driven bad shock in the community because many people invested heavily in the range of 7.5 to 8K USD prices because they thought that the market is going to moon soon. Nothing like that happened and now investment is either lost or locked away for long period. So for now I would say we should wait for the bottom to reach and then make our investment. |
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to get bitcoin quickly by trading Bitcoin with altcoin and other cryptocurrency in the market and promoting it on social media to get many new investors and make the price go to the moon and after the price of altcoin and cryotocurrency is on the moon, can sell all assets in the market to buy cars Lamborghini.
Is this a good strategy?
I got this strategy from my friend
That would be like gathering people together and then making them invest money over the bitcoin. So this will cause the artificial pump of the bitcoin because you are driving artificial investment into the crypto currencies. Now, whatever you stated here is not going to work because social media publication is already going on and whatever we see today is awareness of that particular marketing only. But you can not really drive this traffic now a days because its not easy stuff. Also it would be artificial pump if anything like that done. |
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what needed to start trading guys , and can you please give some trick tips , advice
That is too general question to ask for which there are many more answers than one. Because trading is whole new branch of investing your money into the crypto currencies. If you really want ot have trading skills then learn it by all yourself. You can always go out in the market and start your first trade with the small amount. Learn how the candles and graphs work and what different colours, movements mean in the market. Dont go too deep in the technical stuff, you just need to be relied on fundamental stuff so that you can predict different movement of the market. Start choosing best coins in the market, learn to read about the roadmaps, whitepaper because this can predict future movements of the market. |
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Man, YouTubers wont help you in this regard because they are not doing their job seriously these days. They are just publishing the videos so that they can earn money out of the advertisement that is shown on their videos. There is nothing serious about it so you better try to knock the idea of watching videos. You can always train yourself at the demo accounts over the crypto exchanger and improve the patterns of your trading. That is the simplest way to understand it.
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There is less possibility of this happening in the first place because its not easy for bitcoin and rest of the market to recover itself in such fast possible ways. People do mistakes by predicting such high rates of bitcoin and make unwanted investment or investment that they cant afford to loose. So its better to unexpectedly do not think hikes as high as these ones. Im sure its last practical thing to think about. Neither bitcoin is making progress in that direction nor the whole market cap is looking so good at the moment.
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Ask these to those who have been in the crypto since many years or from the beginning of it. The way they spent their time here and received the reward in exchange with the time and efforts is surely remarkable and worth reading about. I have seen some old threads where people do talk about the holding bitcoin and asking for advices the same way we ask today and surely all of them did held the coins since then and look where the crypto currencies are today. So spending time is very important here and surely the more you spend the more you get in return from it. |
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