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This is expected and I don't know if this actually affect bitcoin too as the market price remains in ranging trend not like oil that went up for the past three days. I think time is coming when governments monetary policy will start to affect cryptocurrencies market. Commodities and forex was the one affected by FED news now.
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You can see for yourself that the price has been trapped between $8000 and $8500 for pass three days and any moment that a powerfull news hit the market be it positive or negative will decide the direction of the price. If it is negative? Then expect bitcoin to fall below $7,000 but if positive? Then it will be above $10,000. Therefore we should pray for positive news at this moment.
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I think this market do not work base on this analysis you put on and from history you can see that we have been having steady progress for the past five years. We are not going to have any of those dump consecutively in five years and holding is the best ways for you to actually make money in this market. We are going to have a normal assets price from now on.
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I do believe in luck and divine favour in everything I am doing and I believe some people are gifted for good thing than others even in trading. Most people that play gambling only put they hope on luck and most of them do nothing less than click the direction they gut told them.
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This is good for cryptocurrencies advancements. Without stability there is not going to be a mass adoptions and most of the online and offline retails shop will not be able to used bitcoin. We are at the time were world leaders has started to recognize the effects of cryptocurrencies on our economic and volatility is one of the concern rise by them.
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This is actually a reality and we should accept this as a fact. Many of us has seen bitcoin as scam and speculative assets but this not so. Bitcoin is the money of the internet and the idea and thought behind it is a very solid one. I believe the world financial system are going to used bitcoin one day and will see how advance this technology is.
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Nice plan and idea. I could have wish I see this opportunity before now as I was holding many coins and tokens back then but I was not having any way to sell them as there are not actually listed on exchange platforms. However the problem that many of us may have is trust and many people have come out with this type of mind and plan but later turn out to be scam and therefore I will recommend escrow services.
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It is still too early for you to sell your coins and you cannot sell or you should not sell when the price is low. I was also surprised on how this market fall done to were it is this morning. If all the people holding ethereum will understand that most of this dump is cause by FUD and when you sell this time you are contributing to the falling of bitcoin and ethereum including all the coins, we would have a better coins for all of us.
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I am just hearing about bitcoin white and I will do some research to find out if I can invest in it. I think it should be another bitcoin fork and one can actually take advantage of it by investing now. However I think we should also becareful about all this fork in other not to be a victim of replay. Like I said I am going to seriously find out about this great opportunities.
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Most of the attack against cryptocurrencies is direct attack on bitcoin and this actually affect it pricing. I also believe that bitcoin is going to be the greatest beneficiary of the future pump. If governments is going to used blockchain technology bitcoin is going to be the greatest beneficiary.
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I think this conference is going to affect bitcoin price positively and we are at the moment were bitcoin has passed through alot of challenges that was created through FUD and banning. I don't think we can actually see the price falling after this conference and decisions making put bitcoin is going to hit another moon again.
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What blockchain technology has done for humanity is to bring back trust that we have lost through Banking system or third party system. In batter system we trust ourselves and we do do business with one another. Bitcoin as a decentralized coins allowed us to do business with one another without the help of Third party from any part of the world.
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Hi guys , I have been involved in crypto for about 6 months now and I could say I have lost a bit of money by investing in some not so good coins (alts). Up to now I have only been investing and tried to hold them for some time . I haven't tried to day trade yet. Is anyone on this forum that could genuinely help me with where to start learning about day trading and also learn a very deep understanding on how crypto works and start making money. I have some knowledge already of what they are and everything but I am not happy with this level. I really like cryptocurencies and I am ready to start going deep with this .I want to start day trade and further invest in ico's and good coins. I cant take loses anymore is driving me nuts...I am not expecting only gains and I know it will take time but I am willing to start trading with small amounts of money like few hundred bucks as for now to start learning and then go in deeper. Is anyone on here that could give me an advice of how they started learning or whats the best way to start . I am sure there is many veterans on this forum that could give me helpful advice. I was thinking joining some telegram memberships that offers crypto signals do you guys think that's a good thing and will actually help you learn and bring you profits in the same time or they just want take your money ? or do you have any crypto signals group that you have personally using and are bringing you very nice profits? any advice that could get me started on this long path will be much appreciated  . For you to succeed in day trading you most be ready to stay with your computer for long and if you have little knowledge on how day trade work I will advise you to not going into it. Trading is a game that involves with risky and you should do practice first before putting your hard earned money into it. You are loosing because you have not master the act of trading and cryptocurrencies investment yet and I will advise you to learn first and other things should follow. |
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If we have less new investors, so the prices tend to fluctuate less? How much dependent of new investors the prices are ?
volatility always affects adoptions in any market or business setting and we must need to understand this in other to be able to work with blockchain technology. We are at the indecision time and this moment is going to decide what is going to happen in future. |
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No one can really said because there are many factors that contribute to the directions of prices' of an asset over time. We were thinking that last week the bear market is over and the bullish market has began and we can all see what happened in the week end. I think the current corrections is not going to last for long as most of us buy bitcoin above the current price.
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We do not understand where are going to bitcoin ? last few weak bitcoin again up to near 10000$ but today bitcoin down and its already gone under 9000$ . So i think bitcoin never reached 20000$ this year .What are u option about it please explain?
you should always give technical reasons why bitcoin cannot reach $20,000 and not what you think. This time last year bitcoin was below $1500 and many of us here said it is not going to reach $3,000 before December 2018 but we can see were we get to. Bitcoin crossing $20,000 is very possible in 2018 and the current price movement is what we need for the next move. |
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Whenever the market is in the dip the best thing to do is to buy more and keep holding because one day price of bitcoin is going to recover. I have been trying to make some friends understand that the best time to invest in any coin in 2018 is now as we cannot get price cheaper than were it is today.
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I think we should invest in bitcoin because of what the future hold for us. Bitcoin is the currency of the future and holding it now will surely put us among the wealthy in future. We may have other reasons for holding bitcoin but this particular one keeps hope in future.
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Hi guys, please share your opinion on best exchange,which can I use for long-term investment. Recently, Coinsecure,a INDIAN exchange has been hacked.So I am very much afraid about my investment.I am using right now BINANCE exchange.Is it safe for keeping my investment for 1 year.
Which one do you suggest?
I am also using binance and I think it is a bit safe but for long term is what I cannot really tell. Many cryptocurrencies experts has said it is very risky for one to keep fund or coins in cryptocurrencies exchange platforms as it is not safe. However we still have no any much options now because even the online wallets are not saved. You should try an save your long term investment in an offline wallets and that is were your investment is safe. |
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$39,000 in 2019 still cheap to me and I disagree with this view. There is going to be some fundamentals issues that are going to push or pump bitcoin above that level in $2018. I think we just need to keep on holding our coins instead of selling out of panic of what is happening in the market.
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