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You don't need to look for those altcoins because most altcoins are alleged to be scams. I don't know why but during altcoin operations, most altcoins get FUD from investors in this market. It could be because the altcoin prices have collapsed in the last 2 years or the pumping and dumping has been rapid at exchanges. Even the best altcoins in this market such as ETH, XRP, BNB .. are also considered as altcoin scams.
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I think the pump has already started, Bitcoin was dropped below $7,000 and now it has bounce back strong and currently trading at $7200..
This is a great start because it bounce back right away and I hope will be go as high as $8000 before it will dump again if there's really a pump and dump this month. Honestly, IMO, anything can happen but we need to take advantage if there's a pump and dump.
The price of bitcoin has been constantly searching for a new bottom recently. But fortunately, the support area of Bitcoin at $ 6700-7200 is very good so we can be confident that the price of BTC will not collapse again. IMO in this month I believe bitcoin price can reach 8000$ or higher |
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2019 is a great year for bitcoin. Bitcoin's price has increased from 3100$ to 14000$ and it is a great growth like in 2017, but unfortunately, altcoins do not grow but continue to collapse even though bitcoin still increases. In 2020 certainly bitcoin will still increase thanks to halving, and I just hope that altcoins will increase a bit compared to 2019. The price of altcoin is already too low and I don't want it to go any lower.
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More countries are into blockchain adoption. This is a forward move, but countries are specific in their stand of supporting blockchain technology and standing against cryptocurrency usage particularly bitcoin. China once a big supporter of Bitcoin is now supporting blockchain and in the plan of having their own cryptocurrency. Maybe this can take place with more countries, but there needs to be some common asset that unifies everything. This role probably taken by bitcoin.
In fact, no country really supports bitcoin and the current cryptocurrency, because they can't control it. China has never supported Bitcoin, it has implemented many plans to stop bitcoin since 2017 and it continues at the present time. China only accepts blockchain and is researching and developing to create a cryptocurrency for their own country, a cryptocurrency they can control it |
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I have never heard of binance freezing their user accounts for legal matters. But if this is true then we'd better store bitcoin in other wallets because we really don't know the origin of the bitcoins we buy, if we were unlucky and had our accounts frozen, 100% of us would never have received those bitcoins again. And so far storing bitcoin in exchanges has been a bad option because exchanges can be hacked at any time.
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I have a counter question to the topic starter - what result do you want to get by asking this question? I ask this because on the first two pages of this section I found at least 4 topics similar in content from which the author can get interesting information.
Maybe he just wants to gather everyone's opinion on the overall situation of the market, from which he can make the most appropriate comments for the current market. But to be honest, he will not get anything from this topic, it will not help him succeed in this market. Quite pointless |
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Actually I have my on plans and target for the next. My plan is to hoard a lot of altcoins in order for me to earn a lot in the halving season and my target is to earn so much because of the high value of altcoins that's why I am hoarding a lot. That is the best and smartest way of using your altcoins. Halving bitcoin will probably not cause the price of Bitcoin to rise, even if the bad situation occurs, the price of bitcoin will drop and cause many people to panic. Planning to invest in altcoins at this stage is really dangerous and you can lose many times if Bitcoin collapses in the next few months, the price of altcoin will definitely decrease many times and we will see many new bottom of altcoin |
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I can considered the 2 btc as high capital, the first thing that you should do is you should know how are you going to protect it. You cannot all in your 2 btc in a trading. You should also focus on improving your risk and mangement for you to able to diversify your funds. The next thing that you should focus is how will you multiply it, research a trasing setups that is applicable to your skills.
Agree with you, for someone new to this market. 2BTC is a very high capital and if they do not know how to control it best, they will quickly lose money when investing in altcoins in this market. For a newbie, I think 1000 $ is reasonable so they can start and learn from the experience in this market with that capital. They need to learn to lose first if they want to make a profit in the future |
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Many of you will say blockchain wallet. I use blockchain wallet.
But if we talk about transaction fees,
Its most of the times we have seen goes too high,if we have to send on high priority.
If we talk about Binance, it has minimum withdrawal fee of approx. 0.0005 BTC, approx. $3.00-$5.00
Binance and other exchanges are not called blockchain wallets, so you cannot make comparisons like that. And for Binance's withdrawal fee, I think it is the most reasonable and lowest of all exchanges. If you want to find a bitcoin wallet with a low transaction fee then I think you should use Trust wallet or coinbase |
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You looked forward to a 100k bitcoin in 2020(the start of 2020 I assume), and now you're looking forward to a 1 million bitcoin price prediction, and also now hoping for a price increase in the halving. If you actually really think of bitcoin as a good investment, you need to think more long term.
Not sure about you, but I'd personally prefer a slooow but steady uptrend as time goes, rather than a huge ass bubbly price spike. Remember what happened after the peak of December 2017? Yea, I wouldn't want that.
Yes, it is best to expect this market to grow slowly because it will make this market more stable and prices will be less likely to collapse. I still remember 2017 after we experienced a sharp price hike soon after that prices quickly collapsed. So I don't expect that situation to happen again in the future, we invest long term in this market so we don't need sudden growth spurt. |
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There are thousands of projects in this market and there are thousands of airdrops and bounty running in 2019. So for those who seize this opportunity, they will surely have a good income to pay for their lives. Airdrops and bounty are not as generous as they used to be because the current market is collapsing and every project needs to save their budget. I hope in 2020 the market will be better and help many new projects succeed, from which bounty and airdrop will be more generous than 2019.
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First of all, happy new year to all members of the forum and wishing everyone a lot of Bitcoin in 2020
In 2019 we were also hoping for a bull market and it happened in mid-2019, although 2019 doesn't have too much special news. And in 2020 we have a series of interesting news and attract many investors, so I also believe that 2020 will certainly be a brilliant year for this market.
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Honestly I think BTC will make progress , not only in price progress but also technical development will be happened. And we, most of the crypto lover dont focus upon that point. It is Lightening network. The core team is working on it. The team will implement new changes to support basic multi paths payment. There will be 2 new technologies, splicing and dual funding. And both of them will improve the user experience.
And halving will make mining more expensive and production cost will correlates the ultimate market value of btc.
Bitcoin still has lots of problems but with problems come big opportunities. Price of bitcoin will go up if we see increase in bitcoin adoption along with increase in speed and reduction in transaction fee. I think these are the areas which need to be addresses before we see bitcoin becoming a mode of payment. The countries that accept bitcoin will not help Bitcoin increase, even this reason is causing the value of BTC to go down. There will be many events related to this market in 2020 and I hope it can impact new investors and make them interested in investing in this market. That is the only way to help this market increase its capitalization and enable Bitcoin to increase in price |
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I think the recent events are not a coincidence. Youtube deletes videos that talk about cryptocurrency, and google blocked metamask in their app store. And until now the appstore has removed coinbase from the store, it seems that there is some force that is trying to stop the development of cryptocurrency and is sabotaging it. I believe that whatever they do, everything will be in vain. This market will grow, nothing can stop the future.
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These are the best advice for all traders. I think it will help a lot of newcomers here and it will minimize the losses in trading. I am also a trader and I have been doing this for more than 3 years, up to now I still often lose money because every day the market becomes more unpredictable and harder to control than before and what makes me lose the most in this market is the lack of assertiveness. And a true trader needs to be assertive to act at all times in different market conditions, up to now, I haven't been able to finish it, it's really difficult
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Altcoin is not increasing for so many days. New money is not coming in market.So Always invest in good Top 30 Altcoins for being Safe.
If there is no new cash flow into the market, then I believe that even if you invest in any altcoin in this market, you will be in danger. And we experienced it in 2019, the altcoin active in the top 100 collapsed and even died because there were no new investors entering the market, and the price kept going down until now. . If anyone invested in early 2019, they would probably now lose more than 50% of their capital. So never invest in altcoin under current conditions. It is best to hold only USDT or hold Bitcoin |
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I have also recently heard and learned about this ecosystem, IMO is a good idea to make investors safer than ICOs and IEOs ...
But I disagree that they will lock 90% of our tokens in a year because it's too long and everything bad can happen to investors. And if this project is really good, there will be a lot of investment funds will invest in their project. But so far I haven't seen any investment funds, and the team dev never show up. Those are the reasons why many people are wondering if this project is legit
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Bitcoin will do ATH again. What if he doesn't? Nothing happens. It does not matter. If the value of Bitcoin drops one day, perhaps another project will replace it. I don't think that would happen. Next time the king is always bitcoin.
If bitcoin continues to fall, I still believe that no project will be able to replace bitcoin. If you look at statistics in this market, bitcoin dominates the market with nearly 70%, and in this market we have thousands of different altcoins. Therefore, there will not be any projects that can replace Bitcoin in the future. Also Bitcoin will break ATH in the future, the problem is only time. patiently is the key to the success of investors in this market |
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There are many essentials you need to achieve if you want to become a successful trader in this market. First, you need to know the news every day to understand the situation of the market, next you need to have knowledge of charts and be able to analyze them easily. And finally, you need to have a stable and steady mentality in this market. If you have the 3 above factors, you have become a great trader in this market and can easily make a profit.
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ICO, STO, IEO, if the developer scams it will end up failing too. it all does not depend on the concept, but depends on who made the concept. it's useless for example if there is a good concept in STO / IEO, but it ends in a fraud by the team. so now hope that the project developer will make changes and self-development, not ICO, IEO / STO.
The question is, How do you know the developer is good or scam. Because at first everyone seemed to develop their project and in the end they would commit fraud too. I better invest in IEO, for better security. Compared to having to invest in ICO. Maybe you not understand his opinion. He wants new projects to really develop and create products as they set out, if the projects are continuously scam in the future, no matter what investment you make, You will also lose. IEO, ICO, STO .. all will be the same if until the end those projects become scammer |
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