I'm not sure that's the cause of the rise in bitcoin prices, if examined further there are many reasons for the rising price of bitcoin, but don't know the exact reason, halving bitcoin can also be a reason for price increases, even without the current news, technical analysis also shows the beginning of a positive trend.
News about the conflict between Iran vs US did not affect for the price of Bitcoin at all, but it did have an effect on world gold prices. I also believe that the price of Bitcoin will increase after Halving later. So you do not be influenced by issues that are not necessarily true. |
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there are a lot of similar questions asked about altcoin will rise or good in 2020 ,my answer maybe same this time and you will see altcoin fluctuating just that mate ,either down or up we will get when halving bitcoin and I fully believe altcoin will rise in end 2020 but it still can't outperform rise ATH in the past but hopefully my opinion is wrong and altcoin will get a new ATH this year
Halving Bitcoin indeed is the benchmark for most people today, they believe that after Halving happens the price of Altcoin will reach the new ATH. I personally also think that the Altcoin season will start in this year and will reach peak in next year, 2021. |
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absolutely right, I guess that's what I'm experiencing too. In 2017, I was very active in promoting bitcoin to my friends, but now they are very sorry, and even made fun of me, because the price of bitcoin is thrown away from their plans.
Stay patient, friend. We will show them that what we have introduced them is reality. Maybe now they can laugh at us because the price of Bitcoin has dropped not as we expected, but we have to be patient to see the price of Bitcoin will rise again in next year. |
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It's true that investing in gold is much safer than bitcoin because of it's stable price, but in my own opinion investing in bitcoin is much better, even it is a risk because you could earn more profit to it when the price of bitcoin will increase it's price. It is the reason why more people are buying bitcoin today.
Investment with Bitcoin You must be prepared to accept the risk, because Bitcoin Investment is indeed full of risk, but most people choose Bitcoin because they can quickly become rich when prices rise. For the type of investor who does not dare to take risks, they will take gold as their investment asset. |
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so the news that was horrendous was not true, is it just a rumor to increase the price of bitcoin, I guess the news really happened, which I wonder why it doesn't affect the price of bitcoin in general, there are currently many untrue news that support or hate bitcoin, we must be more careful in filtering news.
No, the news is true, not a rumor. We can find that price on the local Exchange, in LocalBitcoin. In this Exchange we can only sell Bitcoin among fellow individuals, this is a decentralized Exchange. |
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Now many people who do not like stocks, Millennials currently prefer Crypto compared to stock, with Crypto you can make it as a short-term or long-term investment. I personally after knowing the world of Crypto then I will collect as much as possible Crypto as my long-term investment asset.
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I get the sarcasm but there's so many fundamentals that we should look at. - UpBit
- IDAX
- DASH
- Super Typhoon
- Holiday Season (Christmas & New Year)
- PlusToken Ponzi Scheme
If we consolidated all of that happenings on above list this may be the reason of BTC imminent price drop. Although there's a lot negative happens this Q4 of 2019 but I know the list about is just a few if we gather all of it. My The point is, OP post is just a normal behavioral of people when it comes of scarcity of investors because of these consecutive events. The most influential thing in my opinion is that many markets get hacked, actually issues like this still exist 4 years once, a year before Halving Bitcoin. But we can easily guess after this issue ends and then Halving happens, then a year after Halving occurs the price of Bitcoin will return to the moon. |
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I think you don't need to set a limit, try to work and accumulate as much bitcoins as possible because it will help you try and get more money in the future. I entered this market for the purpose of making a profit and so I also try to make as much bitcoins as possible
I totally agree with you. I also entered this market to get as much Bitcoin as possible, We will always need Bitcoin because I believe Bitcoin is a currency that will be very useful in the future. So collect as much Bitcoin as possible from now. |
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If I have $ 1000 then 50% I will buy Bitcoin at the current price and I will save another 50% for backup if the price drops again. I am optimistic that the current price is the right time to buy Bitcoin, I have confidence that the price of Bitcoin will reach 10k in 2020.
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I am very confident that the United States will make a digital dollar or a their own cryptocurrency in the future. It aims to compete with countries that have already made their own Crypto, especially competing with China. So for those of you citizens of the United States you will get a "Digital Dollar" soon from now.
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What made Ukraine legalize Cryptocurrency? Is there a monetary crisis going on like Venezuela so they have to legalize Cryptocurrency? Many of us see countries that legalize Cryptocurrency are countries that are experiencing inflation in their countries.
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with the occurrence of hyper inflation, of course, make their currencies worthless, when cryptocurrency arises and becomes an alternative for payment. but this is also not without risk. with large fluctuations, of course it will be difficult when working with other countries, because not many countries use it
indeed, currently not many countries use Bitcoin or legalize it, but if you are in Argentina then you will buy Bitcoin for your safehaven assets. They don't think anymore if Bitcoin has a big risk, all they think about is how to maintain the value of their assets at that time. |
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dont beleive pridiction of any people because no one can give exact price . bitcoin already make correction and this bear market will end soon ; the good solution is to buy bitcoin and dont sell ; halving comming and there no reason for sell now
Indeed, In this season there will be many people who predict the price of Bitcoin, we just enjoy their predictions. So do not be influenced by the predictions they say, you better analyze it yourself without hearing the predictions of others. |
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I think all of us are from beginners or newbies, and of course we have gotten Bitcoin from Faucet. I personally am currently only looking for Bitcoin/Crypto by following the signature Campaign on this forum. Then the results I get are used for trading. There is no way to get Bitcoin without working, everything has to work.
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Obviously yes, otherwise bitcoin has no more purpose, the volatility is the only reason why bitcoin is so famous.
Otherwise, people would go back to the stock market
Yeah that's the main characteristic that must be possessed by Bitcoin, the price volatility of Bitcoin is also very good as someone's trading job because traders can benefit from price volatility. I think the price of Bitcoin will always be volatile. |
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Yes, I stick to one exchange.
Mostly Binance.
When I visit other exchanges, I just use it to look for how much my other coins value is.
But when it comes to bitcoin trading, I just stop to one exchanges.
Even if they have different prices the arbitrage is not that easy to get.
Sending from Binance to another exchange and back will just get you dizzy and also fees are need to be paid. Then what? You exchange it to USDT and back? There is no assurance for profit.
People having many assets on different exchanges are usually for doing arbitrage, they have many exchanges account and watch the price everytime, and when they see a decent different price from one exchange to another, they will transfer the coins and sell it to another exchange, but this strategy is need really much time to spend to watch the charts between exchanges Strategy to arbitrage indeed require a lot of time to continuously monitor market prices, This is because there is very little price difference between one market and another, We must be able to put our eyes on market prices so that we are not negligent to take a best moments. |
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I'm not too worried if what they're going to do is want to stop Bitcoin because I'm sure it's just waste of time. We often read news that says someone or country wants to stop Bitcoin, but we see that until now Bitcoin still continues to exist. That means the development of Bitcoin has begun to be favored by public.
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Yeah, do not depend on others opinion. Buy now if you want we can say that it is good to buy now, $7200 is the current price of bitcoin better to buy now, and buy some alts too! Because I think bitcoin will go and be high on 2020 just wait for it. Try to do some arbitraging too it could be helpful.
In the world of trading it should be like that, Don't depend on other people's opinions because it can make you doubt.So you must have your own analysis. If we look at the current price of Bitcoin has touched $ 7200 and I think this is the right time to buy Bitcoin. I am sure the price of Bitcoin will rise again to $ 9,000. |
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Of course if you want to maintain the value of your investment assets, then you better exchange BTC to gold. Yeah the value of gold is always stable unlike Bitcoin which is always volatile price so you can quickly become rich or poor. And also gold is loved by all levels of society so that we can easily buy/sell.
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