|
Well i think that if the store owner does accept bitcoin, you'll immediately know because there will be signages indicating they do accept crypto. I've already seen several vendors having those outside shops and stores. Crypto or bitcoin awareness will spread even if we don't ask for it. It's usage will be the catalyst in attracting people's attention and curiosity.
|
|
|
|
$10K still far away ahead, bitcoin failed to breakout the resistance level recently, more likely the price will stay at this level $7xxx until the end of the year, 5 days left. The bitcoin market really volatile right now, the price constantly changing $100-$500 within minutes, one minute ago it was $7600 and the next minute it's $7200.
Good odds for day traders to profit a few hundred dollars everyday. And i don't see anything right now that may trigger an actual run towards 10k aside from talks about halving which i think will disappoint a lot of people. I still think that 10k is a point that we'll get to eventually. It's anybody's guess and speculation though as to when we'll get there. |
|
|
|
Bitcoin halving may have zero impact is possible if we judge how the market is moving these days. I have had a wild guess that the price stabilizing at around $7,000 was caused by the investors who's trying to accumulate more Bitcoin, and that's the reason why Bitcoin is holding on to that range, without them the price should've gone below $5,000 level? Another thing is, I've look through the past 2 halvings. It seems that the price is gradually increasing from a 6 months period before the halving, but this time is different because Bitcoin is struggling to escape the 4 digit price. Ps. Indeed she is gorgeous, I was staring at her photo for about a minute before posting lol  I can still remember the last halving when it was starting to read and learn through this forum and starting to trade little by little. I know just three to four people who know or have heard of bitcoin. It's a whole lot different then and i think that means we shouldn't be expecting the same effect that next year's halving will have on btc. |
|
|
|
I know about bitcoin since 3 years. And I have been continuously seeing that during Christmas [25 December] Crypto Markets dump hardly. So what do you think about this Christmas and BTC price movements? Dump is coming to near? Or we can a different scenario in this Xmas?
Whenever we see dumps during Christmas it could probably due to because people need money during this season. The season could also push the price up because some investors might have enough capital to increase their bags. Just expect all people to dump their asset, but next year it could recover positively. We need not to worry about that, because everyone will tend to do that due to personal expenses. Every person has to spend during Christmas, so we should understand how it works in the same manner. Well i don't even consider that a dump though. Still above 7k and i still like what i'm seeing compared to last year. December 26, and the value at the moment is playing at 7.2k. Last year around this time we're having a continuous slide in value. And it's already a given that some people are spending their coins during the holidays. Nothing out of the ordinary with what we're seeing. |
|
|
|
We all are aware of bitcoin halving and most of the users are discussing about a possible bitcoin pump post halving which might or not not give pump to the value of altcoins. So do you think halving will provide openings for altcoins with a pump or altcoins will continue to be bearish in 2020?
This is not a prediction, but i believe halving will bring good things to bitcoin and altcoin. As long we are not wrong to pick altcoin that we invested, so nothing to worry about our investment. Risk will always come, but sometime there are some altcoins that follow bitcoin price especially when bitcoin price pumped. Well it will most likely be more advantageous to bitcoin since a lot of people have been looking forward to 2020 halving. Money would probably pour mostly on btc with a few to some top alts. Though all of is are just speculating here of course. This year has been a good year for both btc and some so i won't consider 2019 as bearish. Though with major news like the upcoming halving, things might just work out great for crypto next year. |
|
|
|
A lot of people who suffered the longest bear market of Bitcoin will be very happy and be vindicated. No one can say they had it lucky being first to invest because they endured the bear markets of cryptocurrencies.
Eventually, the feeling will have more excitement because of the bear market for long. Indeed more will feel happy when we see btc reaches 100k. Once btc reaches high it's price the altcoin will follow. Actually, this is normal for those who experience bear markets, so let’s observe what’s the future ahead of bitcoin. Lol. Let's say something happened that actually allowed btc to reach that high, i think people would also want to consider the drawback for it. Bitcoin and the market won't be on a steady rise of course. It's scary to think how the correction would be like. If we all went nuts with the correction for 20k, imagine how it will be for 100k. |
|
|
|
If Bitcoin drops to $5,000, alts will be in a very big crisis, many coins will immediately fall in price by several tens of percents
I think that with a significant drop in Bitcoin, the entire cryptocurrency market will fall even deeper, because many cryptocurrencies have not shown good performance since the time when Bitcoin fell in price at the end of 2018. Over the past year, Bitcoin has even risen to $ 10,000 - $ 13,000, but many cryptocurrencies have remained in a bearish trend. If today Bitcoin again falls to a possible $ 5,000 or lower, then for many companies this could be a disaster. How sure are you though? Yeah, historically, we have alts that ride any wave that bitcoin makes, but they're not entirelt dependent on btc's movements. Some alts will eventually take advantage of btc drop. And btc has gone lower than 5k before. Alts some alts did follow suit, but 2018 was worse for bitcoin than a lot of alts in the market. Bottomline is, it's not all the time that the altcoin market will move based on bitcoin as it will easily be readable. |
|
|
|
This time XRP might fall a bit more from $0.19 to $0.15 before it takeoff to moon, as last year's Eclipse of XRP as a Fire of Ripple to $3, but due to huge community of XRP it would be nice to see $1 again !
Meanwhile it look like bearish !
Thanks
XRP may very well take off and gain a little traction, but I wouldn't get my hopes of $3/coin up. There's just way too much supply available for that to happen anytime soon. I for sure wouldn't count on ever seeing $28/coin. $2,800,000,000,000 is how much money it would take in the market cap to reach $28/coin. I just don't see that happening anytime soon. Or ever at all. Even half of that amount seems quite impossible given that ripple's support is backed up mostly by people who believe in a centralized cryptocurrency. I can't even see another all time high for xrp next year. Even if it gets hyped big time to start fomo, i can't see it even breaching 8 to 10 dollars. Sorry to burst ripple believers' hopes but it's too farfetched. |
|
|
|
Doubling capital is easy to do by a good trader, 2 months time frame is too long enough to make it. The only factor that you need to be keen is the market condition because trading is depends on the price movement of a coin if it moves in a wide spread then there will be a good profit on a trader.
Show me that trader and his trades Sorry but you have no idea what you are talking about. Someone winning on a lottery (being early adapter of BTC or ETH for example) does not equal to this being a regular possibility and repeatable on regular basis. I agree. The moment you said it's easy to do as even experienced traders wouldn't say it's easy. The amount of time, and money lost, needed to be a decent trader would be something not all of us can afford. You're talking about something that closer to gambling, rather than systematic trading. Though it's not impossible, it's not at all easy. |
|
|
|
I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?
All forms of trading are profitable, that is not really the question, the question is if you have the necessary skills in order to obtain profits from those forms of trading, I will be direct with you day trading is by far the most difficult way to obtain profits in the market but it is also the most profitable, this is what brings many traders to try their luck with day trading, but even if you were profitable you need to understand the huge level of complexity and difficulty that entails and most likely at the moment you do not have what it is necessary to obtain profits from day trading. This is a matter of fact that there are traders who do best in day trading and on the contrary there are others who secure big profits in long term trading. So in short no type of trading is good or bad, it is how you deal them and what your skills are regarding the type of trading. Of course if short but constant profit is desired, going for short term is great but if otherwise is desired, go for long term trading. In trading, you must know what kind of investment do you want because it depends on how many profits does give it to you. Trading is a converting your coins into another profitable money. In trading we have two kinds of investment, first is the long term investment it takes a long time before you get your money, bitcoin is suitable for this kind of investment it is too long before you get your money. Next is the short term investment this time altcoin is good for this because the price of those coin does not have a massive difference in the price. ^^^ i don't think you quite understood the difference between trading and making investments dude. Fay trades, bu definition is not an investment. The aggressive approach that trading has is not how you make investments. Even short term investments take longer time compared to making day trades. The risk involved is also a bit different as i've always believed day trades are a lot difficult to master. |
|
|
|
snip
Yes we realize that if the bitcoin drop the price some of altcoins also followed to dump. Ill think its because of bitcoin has a big marketcap and also being a number one coin in crypto so they need to follow on when the bitcoin be going increase the price. So that some altcoins are need to follow also but not all altcoins are being increasing the price some of them are always in dump situation maybe because of these have no development and no update. It is true that the average price of altcoin is rooted to bitcoin and that is only BTC pairs, but others can also follow as long as they follow market trends, bitcoin has a big impact on other altcoin prices if there is a pump then the developer does not need to make updates and already their tokens will definitely follow the bitcoin market. Bitcoin is the leader of all crypto currencies and we cannot deny this fact. People are launching bitcoin on daily basis or almost on monthly basis; we observe new projects and all of them are depending on bitcoin for their value. This is normal for altcoins to increase in worth when bitcoin is going throw pumps and they shatter badly when bitcoin is going through downs. We shall never ever invest into altcoins. Well this isn't in effect now. Bitcoin dumps affect the market in general yes, but some coins are independent to btc movement. I think the notion of this is because bitcoin is pretty much the face of crypto. When it dumps, a lot of people focus on it, starting panic that spreads to their other crypto holdings. Some alts that have solid support don't always follow btc's trend. |
|
|
|
I kinda have the same feeling that having mentor would just either give you bad practice for years or just literally do nothing with your skills because probably they're just gonna want you or at least expect you to imitate what they do.
My friend introduced me cryptos but that's the end of the line of our communication that is crypto-related.
I don't think trading is sustainable at all. BUT I will say that the mentorship sector isn't as bad as it's made out to be. Sure, there are charlatans out there, but these are guys selling signals and strategies. But genuine trading schools, I think they're all right. I actually think if more traders actually picked up some of these lessons, and learnt basic fundamentals and took a bit of coaching from experienced traders, they'd learn how to trade a little bit better without emotion -- the timeless killer of amateur traders. Right. Finding the right people to guide you is a bery good way to be efficient. If you're only trying to imitate what your mentor is doing, then obviously you're not learning from them and you're just basically wasting your time. I've had one or two people whom i consider to be my mentors when it comes to trading and i can say i do things differently from them. Though i learned a lot during the times that i'm just trying to feel the market. |
|
|
|
My response is to buy more in the dips. People doesn't understand in order for an investment to be successful it needs to have an innovative product that can provide good quality service and bitcoin has all those qualities. It is the pioneer and give birth to alternative currencies and has the biggest popularity in any part of the world with its rising adoption. Bitcoin will not fail if that what worries, fomo investor.
when this is a low price, this should be a moment to have a large amount of bitcoin. but, most people are quite afraid that bitcoin prices will fall lower. in my opinion, the right decision to have bitcoin right now, because everything will change soon. although the risk is still there, but an investor is ready with all the risks right? You can judge for yourself when looking at prices after halving. Buying the dips works only if you have enough btc. There's only so much price drop you can take advantage of if you have limited funds. The only mistake for me is that if you buy with money that you need to spend on a certain time. There are no certain time when the price will drop or go up. You have to be flexible to be able to adjust to the movements of the market. |
|
|
|
|
Well what can you expect. Being the coin that started it all, and with it's uses proving it has more relevance than any coin in the market, of course it will outclass it's crypto competition, if it can even be considered as that at all. Even if some coins prove to be more advanced when it comes to technology, i guess the fact that investors still veer towards bitcoin proves other coins still has a long way to go to catch up.
|
|
|
|
|
Even if they're allowed to learn charts and basic TAs, a new trader won't really put that to good use since it'll take time and experience to be able to put that to practice efficiently. He'll likely learn basics and terminologies here but in order to be familiar with that he's reading and learning, he needs to put that to practice by making actual trades.
|
|
|
|
|
Well back then it was hype and FOMO. Not all that bought in knew what they're dealing with. Just the hope of making big easy money. Now, after what happened in 2018, people see bitcoin differently. I think it'll be hard to get the same people to jump into another FOMO like that. That's why unless whales start a drastic pump, I don't think we'll have the same movement anytime soon.
|
|
|
|
|
Well my plans aren't actually dependent on the halving next year. With my btc's, i'm planning on just accumulating whenever i can. The price can plunge after halving, i don't really care. Good if it does pump though i'm not planning on selling as well if that happens. For me, bitcoin is something i'd utilize in a few more years.
|
|
|
|
Blockchain technology is the mother of Bitcoin!
I don't see it as a mother but the roots of cryptocurrencies. Despite the fall of the price, the redness of the price chart, this is nothing compared to the fall of the past so I am not really afraid. This is normal so I don't think we should worry. For me, this is the time for us to buy so just think of it as a chance for those investors that want to buy or reinvest again on Bitcoin and other cryptocurrencies as well. Lol. Blockchain has nothing to do with crypto's price. It deals with crypto's usage. And blockchain isn't limited to bitcoin and crypto. It's technology is what makes it more than useful especially if we're able to integrate it with daily tasks and transactions. There's a whole lot of use for this technology and crypto and bitcoin is just a small part of it's use. |
|
|
|
I still think Dogecoin is still a joke
how do you say so ? if its a joke then why doge coin is now on most gambling site that i play ? if its a joke then why its still one of the top coin and the most popular coin until today ? . a real joke coin means unpopular and not on the mainstream or dont even exist at all online . dogecoin is a coin that is fast and reliable as a medium of exchange but not as good as a seriuos investment because its value is likely to become more stable and wont grow that much . Dogecoin doesn't have any significant feature different from Litecoin and Litecoin is a joke too because it is a Bitcoin wannabe with no real developers. The only thing holding up DOGE is the whales that use them to manipulate the markets. You're right. It doesn't have any significant features and is mostly a parody coin. But it's still here. And the fact that whales are using it, even for the sake of just manipulating the market, tells us that it's a better choice than most coins in the market. And it's not just whales that use dogecoin here. Many normal traders and holders use it for transactions. I'm sure i do. So it may not be the best investment, but i'll sure keep myself a good bag of this coin. |
|
|
|
It is combination of the pattern that we are seeing today and also the fear of the uncertainty for the future. We are slowly heading towards recession and it is an opportunity for people to build wealth fast because they can buy a lot of cheap good stuff when the recession comes. Do not be afraid of it because it is part of the cycle of the market and all you gonna do is to save money and keep it as your ammo.
You really think so? I think it's not going to be as serious as the one that happened in 2008. If we do come to a recession at all. A lot of people are now more financially aware and have been looking towards the future. As I observed, people aren't lying low when it comes to spending. It's quite the opposite actually with online shopping becoming a trend globally. Who would think that a recession is in the works? |
|
|
|
|
Show Posts
