According to my perception, the bull run will be there at the end of this year.Anything can't go up up up it needs to come down (that's called correction) similarly anything can't go down down down it needs to come up (reversal)!!
In 2017, we did not have the capacity to sustain the bull run longer because the existing exchanges could not handle the volume of new investors trying to enter the market.
I do understand that it was still overbought and a correction was inevitable. The market had almost no structure. Now with all the new infrastructure being put in place should eliminate most of that problem. In the meantime, market will continue to do what it has been doing.
It’s just a tough phase that cryptocurrency market is going through right now. But in the near future one can expect bitcoin’s price to rise.
Bitcoin has always repeated history. It had always come back. so hope for the best.
Whats your views?
Waiting for the first months of 2019 may be a better choice. Because it is not easy to make a price analysis according to the current situation. In my opinion many of the non-believers have already sold and untill first months of 2019 the price will move around 3k. And IMO in the first months the volatility will increase according to the decisions coming from the BAKKT and the SEC. |
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Hi guys , can you tell me which is better option for trading Bitcoin or stocks and how
You should diversify. The crypto market may be in a bad status but perhaps it is the best time to get them from cheap price. There is a big difference between these assets according to their earnings volatility and risk. And so I find it appropriate to diversify because the stock market can stop the loss and contrarily. |
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But I do not see their "intention" of getting listed in this situation of the market.
What is the point? They are becoming more and more worthless, even up to 0.0007$ or so?
In my opinion the project has no right to prolong this step. It is possible to extend the listing for a few months but if the red prices continue in the next year? It is also not right for investors. In this situation you should not look for a logic decision. I saw projects that did not finish their ICO in September because of market situation which is now double times worse. |
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although bitcoin is adopted everywhere, it does not mean that fiat money is no longer valid, the government still applies it because not all payments can be made by crypto, so crypto only adds payment tools, does not replace fiat money as a currency,so we still use fiat, and still pay taxes.
Why do you think all payments can not be with cryptocurrency? I do not think any unnecessary paper is valuable more than Bitcoin and Bitcoin's measure of a crop can not be measured with paper money. In fact you can find that cryptocurrency is the updated model of paper money. |
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In my opinion this informs those who are unfamiliar with Bitcoin about how they should behave in the future. Bullrun will undoubtedly come but it would be better to accept until then. Maybe a few months maybe a few years.
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In my opinion the price we see now illuminates thoughts to us. Previous year's price boom attracted many people and the reason for this was more money and if will not spread as a payment method, will continue to be as it is. The fact is that everything that is worthwhile is traded and the most valuable is the money that is currently available.
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does the bitcoin become cheaper if you buy from a country with a low currency value?
The value will eventually be the same. You can get a little cheap from your citizen. So you can reach an agreement with cash money, not by exchange. The discount for you in this change will depend on how you deal and discount will determine how cheap you get. |
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What are your opinions?
For a long time I thought BTC stabilized at $6400, then boom!
I would like to get some views to help me decide what to do.
It has been a wild ride (to put it mildly!) It can be scary.
Just get popcorn and watch the price like a movie because nobody knows where the price will move. Crypto is so new and the technical analysis just depend on last 6-7 years. So in TA the analysis of the future according to the past and I do not know how accurate the analysis of the price movement we have not encountered in the past. In such cases you can make money with luck not with knowladge. Yeah, prices can still go up and down at any time, we cannot ensure prices will stabilize, because it is very possible after that prices will fluctuate again. but in my opinion TA plays a very important role in your predictions, TA with its various methods provides an overview of existing market conditions, so it is very likely similar to what will happen I do not say that technical analysis never works besides analyzes are our only tools to find the direction of the price. But TA in the present situation does not help much because cryptocurrency is the new sector and the analysis of situation that we have not experienced in the past is not easy. |
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Well, how much you lost on the "Bitcoin's Black Friday"?
I decided to hodl since the middle of the year, was pretty tired of following this rigmarole. Now I'm sad to see the current rates.
I heard there's kinda insurance schemes for saving your assets, does anyone know more? Like everyone else, I'm waiting for Christmas gifts, but I already wanna get some cushion from these adventures.
First time I hear about such a system. It might be but they should be scam like other money traps. Why would anyone do that? Think about it, it is not possible to make profit maybe some little interest but when the prices go down the loss becomes too big. If anyone does they insure the number of Bitcoins not their USD value. |
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I don't feel like it's dead, but I feel like it is a lot more vulnerable than it was prior to a month ago, and I am not certain about a recovery any time soon.
It is not always possible to move upwards. No matter how high it is, people want it to be even higher. At 6.5k we wanted it to be higher and even if it had been 65k we would like it to be higher. Yep for the first time we see such a low price in 2018 but for the first time we have met with the price of 20k the past year. |
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What are your opinions?
For a long time I thought BTC stabilized at $6400, then boom!
I would like to get some views to help me decide what to do.
It has been a wild ride (to put it mildly!) It can be scary.
Just get popcorn and watch the price like a movie because nobody knows where the price will move. Crypto is so new and the technical analysis just depend on last 6-7 years. So in TA the analysis of the future according to the past and I do not know how accurate the analysis of the price movement we have not encountered in the past. In such cases you can make money with luck not with knowladge. |
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As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
Due to the situation is so complicated it is not easy to find the right direction. But we all knew the price could not always move up and we also know that price will not always move down. In my opinion waiting and increasing the number of Bitcoins in our portfolio will save the feeling of regret in the future. Perhaps we will never see the Bitcoin as low as it is now. |
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Hey guys!
Just interested if you still earn any money? The situation is so horrible that it's interesting to me if someone still feels good.
Maybe you mine or you continue to invest in something.
On the whole, how to survive now? Hold, trade, sell, invest, mine?
The earnings depend on yourself. Because everyone has their own strategy and helps them not to drown in bad situation and you should see these situations as your own advantage and discover your own way out. If you got a skill like you can do technical analysis and know leverage trading(very risky though) then you can use either movement of bitcoin in your favor. For me, I don't do leverage trading but I look for an opportunity to scalp profit between 5-10% in this market situation which is fairly achievable with cautious trading.
It might be a good idea to try ''Scalping''. Arbitrage can also be tried so price is so volatile and you can provide profit from the price difference in exchange. In addition there are positive changes in the price, perhaps you will not need to do anything. |
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The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.
I hope you are aware that except for BTC and its forks remaining digital currencies in the crypto market are called ''altcoin''. I also know that 80% of them are useless and there are dozens of unnecessary altcoins related to one specialization. But we cannot say unnecessary to what is necessary due to useless ones and using of their necessary ones in the future will make our life easier. |
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I constantly here people say " Only invest what you can afford to lose" Well no matter where your wealth is it could crash.
-Invest in USD- USA could collapse and experience mass inflation making your dollars nearly worthless
-Invest in Bonds- Government could collapse making your bonds worthless
-Invest in real estate- Housing prices could crash, natural disaster could hit and insurance company could go bankrupt
-Invest in metals- prices could crash, asteroid mining could collapse prices
Your money is never 100% safe no matter where it is invested.
If there is earnings there is also a risk of losing and their interest is always equal to each other. For example the chance to gain in the cryptocurrency is equal to the chance of losing and that is why people say " Only invest what you can afford to lose". Because the risk of losing is huge and if you had invested all the money in the crypto last year, you would have drunk plenty of cold water now. |
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We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.
But most owners expect this to happen. The acceptance of Bitcoin as it is will not hurt anyone on the contrary it will cause more people to be attracted and used as a payment method. We can evaluate Bitcoin among us but its value will still be worth of USD and we are still in the arms of the government. And if the government announces that using it is crime, who do you think will accept Bitcoin as a payment?  |
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I think it should.
As per CMC the total Market cap is only $121 billion. If the price of Bitcoin hits $3000, then the market cap approx will be $100 billion. I may be wrong in the calculation, but it will be less to what it is now. Which means most of the short term investors and panic sellers have left the market. Those who are left are either long term holders and big whales.
The only option left for these whales is to pump the price at $3000 level.
What do you think? will stop at $3000 level or will it go further down
According to the price volatility everything can be. We don't know what we are gonna face tomorrow. Unless there is an innovation against the price decline we can see even below 2k. The darker price, harder it gets towards the darker and I think we are close to that dark color. A new breath is needed and subsequently everything can be fixed. |
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I'm interest in trading and I want to know more about it. So please give me your valuable ideas and opinions. As a beginner I would like to know that Is there any special ways to do trading without losses or in a manner which minimize the losses. Not only that please tell me Is it possible to start trading with a small amount of money at the beginning. Hope you will help me. Thank you.  The way to make money is to lose money. Similar to a child learning to walk for the first time, you learn to walk by falling. Like a trading, until you learn to trade you will fall. Sometimes you can fall for reasons that don't originate from you, which doesn't mean you will not fall after learning. So it is impossible not to lose, you should always work so hard that you get more than you lost. |
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All my savings are currently in BTC and all I can safe in future will go into BTC as well.
I will NEVER return my money into a bank. I have no any intention to ask 3 to 5 days before a large cash-out, to pay taxes when I do receive MY money into "my" bank account, to pay taxes to STORE MY money in "my" bank account, to pay taxes to use their terrible internet banking to operate with MY money, to pay additional taxes for various transactions, to pay ridiculous fees for every paypal transaction and/or withdrawal, to wait a week for approval on a large transactions..
I have no any intention to get surprised one day with a bank account locked without notice; with transaction blocked by some reason, with funds frozen because some someone decided the origin is "unclear"..
NEVER AGAIN!
I do not care if the price of BTC goes to $1 or ¢1, it`s enough if I will be able to operate with it for every single purchase and for all of my needs. Untill that day comes I will never return MY money into a bank! If all I have become to a value of ¢1, it`s fine! I will have MY ¢1 FOR REAL, instead of unclear value is someone else`s bank system, created in order fiat owners to make more fiat only because they already have fiat.
What will you do if the price goes down more? I understand your love to Bitcoin but no one knows what will happen in the future, nobody guarantees that the price will not fall further. Another possibility is that Bitcoin will be replaced by another digital currency. So you should see these as a possibility and invest Bitcoin as much as you can afford to lose and diversify remaining portion of your portfolio among some investment sectors according to their risks. |
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