in my opinion with the acceptance of cryptocurrrency as a means of payment or donations at several charities will increase the use of bitcoin in the real world. and the presence of cryptocurrency made in China can make the crypto market more crowded and the number of cryptocurrency users can also increase. I hope this good news can push the crypto market to bullish.
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to be honest i never counted how much income i get every month from cryptocurrency. because the income earned from cryptocurrency changes erratically. but the income earned from working with cryptocurrency is very enough to pay for internet fees. and even if it doesn't work in cryptocurrency I will still pay internet bills. because now the internet is a necessity that we must meet.
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yes it's very possible bitcoin will touch $ 9k by the end of this month. $ 9k is not a high value. but I also still think after this increase bitcoin will dump again. but this is all just speculation and it's very difficult to predict the price of bitcoin. we can only wait and continue to monitor bitcoin price movements. and take advantage of every bitcoin increase.
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because of this fluctuation bitcoin until now has not been able to achieve mass adoption and in my opinion is not suitable for use as a means of payment. although some stores that accept bitcoin as a means of payment in fact only convert to bitcoin to US dollars I think this is still a good step. at least it can be used as a promotional medium that there is currently a new type of currency, cryptocurrency.
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I don't think cryptocurrency made by the Chinese government will have too much impact on the crypto market. because crypto cryptocurrrency made by this government will definitely be fully controlled by the Chinese government. but of course the presence of Chinese cryptocurrency will make the crypto market more crowded because we know that China is the country with the largest population in the world.
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I think that every crypto investor has done research and has different predictions about which altcoin will make a big profit in 2020. altcoin that I believe in 2020 is ethereum and litecoin. if I look at price movements, these two coins always increase when bitcoin is pumping and the increase is quite high. so if the bitcoin bull run at the end of this year I am optimistic that ETH and LTC will also pump high.
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Seeing the world economic conditions, will bitcoin move to all time high if there is a War with Iran ? Oil and gold prices are already up within last few days. Will Bitcoin will be next?
the price of bitcoin has indeed increased when Iran and America are in conflict. I also think if a big country like Iran and America is a war. of course this will have an impact on the global economy including bittcoin. even though bitcoin has increased I never expected a war would occur. war will always create loss and chaos. and I'm sure without war, bitcoin can go up high.
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Does anyone know what is causing the huge spike in Bitcoin Price today A big change in price can usually be traced to some event, but I do not see anything significant today to explain this Now I just have to figure out when to sell the spike, and pull out some profits Hard Facts same as you I also do not see any major events that make the price of bitcoin soared. these two weeks bitcoin has continued to increase. many say that the rise in bitcoin at the beginning of January was the result of the Iran-American conflict. but at this time the conflict between the two countries began to subside but the price of bitcoin continues to increase. from this I can conclude that actually bitcoin doesn't need a reason to go up and down.
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promoting bitcoin is really necessary because at this time the number of people who know and understand bitcoin is still very small. most of my family already understand bitcoin they also support me to continue to invest and work in the cryptocurrency field. I also often explain bitcoin to my friends but most of them are afraid to invest because the volatility is very high. but at least I have tried that now there is a digital currency that we can use as a means of payment and investment.
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Cryptocurrencies are still a good option to invest in 2020. The market is full of cryptocurrencies, but not all are worth the investment. If you don't know what cryptocurrency is good for you, read our article about top 5 cryptocurrencies to invest in 2020actually posts like this have been discussed very often. and actually you don't need to provide your website link. You can immediately write down the coins that you like in this section. everyone has a choice and for 2020 I will choose 3 of my favorite altcoins and in my opinion going to pump is ethereum. litcoin and binance coin. I only hold 3 types of altcoin.
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the current bitcoin price of $ 8,800 proves that your prediction is wrong and now it's been more than 7 days than your estimated bitcoin has not reached the price of $ 10k. maybe bitcoin will reach $ 10k at the beginning of february this year. I suggest don't like to bet about the price of bitcoin because it's very difficult to predict. bitcoin has high volatility.
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looking at the movement of bitcoin for two weeks I am optimistic that bitcoin will be bullish this year. In the past two weeks, bitcoin has continued to increase and now has reached a price of $ 8,800. If in the following days bitcoin continues to increase, I believe that at the end of January bitcoin can reach a price of $ 9.5k. and hopefully after bitcoin is reduced by half in May bitcion can pump again and reach the price of $ 20,000 by the end of this year.
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everyone has a different analysis and prediction regarding the price of the next bitcoin. I agree with predictions saying that there is a high chance that bitcoin will dump again before it halves. because right now we are still in the middle of January and bitcoin will be reduced by half in May. for 4 months waiting I'm not sure bitcoin will continue to increase. there are times when bitcoin will go down again.
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of course because the number of people who understand and use cryptocurrency is very small compared to people who don't know about cryptocurrency. therefore if we want mass adoption to materialize soon we must always promote bitcoin and cryptocurrency to our relatives and friends. so that more and more people who understand and want to invest in cryptocurrency. but I am optimistic that more and more people are supporting and implementing the blockchain. it will increase the number of people who know cryptocurrency.
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For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
I'm not sure bitcoin will dump. because since the beginning of this year bitcoin has continued to increase and currently the price has reached $ 8.5k. if until February bicoin continues to increase then it is likely that bitcoin is repeating history. bitcoin will continue to rise until bitcoin is reduced by half. if we look at the bitcoin graph in 2016 bitcoin continues to increase before decreasing by half.
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the greatest influence of gold is related to currency reserves and gold trading in a purer form.
Electronic device components and electrical cables only involve a small percentage because they are still mixed with other metal materials, especially silver, iron, and fiberglass. Not only for blockchain technology because the gold component is also used by many other large industrial technologies, I think this is not a strong reason for speculation regarding macro demand.
I agree with you that the use of gold in electronic equipment is only 0.2 grams of very little gold. so I don't think the use of blcockhain technology will make the gold price go up. the value of gold is greatly influenced by the exchange rate of US dollars, the amount of world gold production and gold reserves in banks.
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every beginning of the year everyone certainly hopes this year will be a better year. Likewise with the crypto investor two years ago we were in the bear market mostly suffered losses because the price of bitcoin fell and alcoin also lost its value up to 80%. of course I also really hope that this year the cryptocurrency market can provide us with the benefits of the coming bull market. Hopefully the increase in bicoin at the beginning of this year is a sign that bitcoin will pump this year.
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I think it's natural that most cryptocurrency holders are very focused on bitcoin halving day. because this only happens once every 4 years. and if we look at the history of bitcoin, bitcoin always rises higher after being reduced by half. so all investors are looking forward to bitcoin halving day. and for the issue of mass adoption of bitcoin I think it is still a long way to go. because the number of people who know and understand about bitcoin are still very few compared to those who don't know bitcoin.
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Hello traders!
I would like to know how you started trading? Any interesting articles, videos or guides that you found helpful before you started? Can you share your opinions and experiences please?
One of the things I found very important when starting to trade was finding an easy to use trading platform. One of my favorites is eToro because they offer hundreds of different financial assets and they have a copy trader feature that makes learning easy, especially if you are a visual learner like me. Yeah, in trading the first step should be getting a real and trustworthy site from where you can learn to trade and then you need to choose good coin for trading. I started to trade with my friend's suggestion he told me the basics of trading and I got so many good ideas from him then I made research and started to trade on my own, first I started to trade for the long term. Strongly agree with what you say, the first beginning I started trading is to learn from a friend, my friend first understood about crypto and I believe that he already has good trading knowledge. then I was also advised to look for a trusted site and I was also advised to follow this forum and learn in this forum. I was also advised to look for capital by participating in various campaigns that could produce crypto, as a result of prize hunting and following a signature campaign, I used it for capital to start trading.
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Reading news constantly and being on track? Using platforms/tools? Is trading view enough? Thank you for helping in this matter!
yes, I think the three things you mentioned are very important for traders. keep up with the news constantly is needed, sometimes the news can affect market movements. but not all news will have an effect, you have to look for news from reliable sources. using a platform / tool is also needed, I myself use a platform that makes it easy for me to trade and see market movements. having sufficient trading knowledge is also very necessary, especially for someone novice, it takes a lot of time to learn and every trip in trading is a very important lesson for beginners. and don't be bored to ask friends who already have good trading skills.
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