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Bitcoin is a bubble are words that we have been hearing and I believe till mass adoptions we would be hearing those words therefore we the cryptocurrencies enthusiast should be focus and determined to see things progress in the favor of this great discovery. We should be hopeful that now provide the best opportunity for us to invest into it and I am putting all to have them.
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a low was formed at $9,400 with expanding volumes and a lower shadow yesterday. Today, BTC starts a minor rally without breaking below the low, indicating that price receives effective support around that price, short-lived as it is, we can still draw a conclusion that momentum from bears is weakening. In terms of volumes and momentum, however, bulls keep silent, making me believe that a minor bounce seems more reasonable. After reaching to MA 5, price will keep dipping as the overall trend remains bearish.
Original by Kuang Ren, translated and posted by AICoin Jami.
Check the full version here:https://www.aicoin.net.cn/article/16384.html
During bearish trend the best thing to do is to buy more and that is what increase the volume. I keep saying that now provides the best opportunities to buy and I seriously believe that will give us good profit in future. Bitcoin may push higher from next month and breaking $12,000 significant area is a must. We are not seeing any limitations for price future growth. |
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Hey guys! I'm making this thread to help those guys who wants to start trading but don't know where to start. And if the higher ranks members of this forum want to share their ideas that will contribute to the knowledge of newbies please feel free to write a reply to this thread.
To start trading, you must first learn this things that are commonly used in trading
1. Candle stick reading-Learn how to read the Candle sticks chart because it is the chart that is used in movements of stocks in crypto.
2. The Support and resistance
3. Chart formations, Patterns and structure- this will help you whether to buy or sell, but keep in mind that rhis is not 100% accurate.
4. The technical indicators in the chart.
You can do your own research, Google, investopedia and youtube are the most helpful sources that can help you improve your knowledge in trading.
Read news, updates and background of the coins you want to trade with.
BUY LOW SELL HIGH and stay away from pishing sites!
I hope that this will be helpful!
This simple trading secret has been existing for quite some time now and we are to aline our other trading strategies along side with it. Buying low and sell high should be what we should put our mind on and learn on how to buy when the price is low and when to sell when the price is high. Bitcoin and other trading instruments has this common why of analysis themy by using candlesticks formation to know bottom and top. |
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Many of us here has taken a huge profit last year and we have seen unnecessary price jump that make bitcoin holder huge profits. I think most of the cryptocurrencies and over price and because a huge corrections is happening we are seeing it as a recession.
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In what are you guys actually storing and investing your money? in FIAT? Crypto? Stocks?
And how much? im thinking about moving more money into stocks so...
my whole investment is in cryptocurrency and I am making good profit in them more than when I was trading stocks, commodities and forex! Cryptocurrency is the next big thing now and diversified your investment to it should be what every wise investors should do. I have seeing many traders that tried to make it in forex and failed making it now in cryptocurrency and I am one of examples. |
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If bitcoin is worthless then why is the author writing an article and his praising decentralization? If bitcoin is worthless then every other form of money be it gold, dollars, yen, pound are all worthless because we human being create value for them. American want to make a paper that should serve as a medium of exchange for goods and services and that is why we are having values for dollars nothing more and notting less and if we all create value for bitcoin it will become something worthy!
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Many investors and traders always buying into a projects, altcoins and bitcoin without thinking that the decisions they are about to make is going to cost them of their had earned money and most buy into a coins with the idea of the fud that maybe created at that time.
My friend want to invest into cryptocurrency some were last month and I told him that if you actually want to make it big in 2018, now present the best time to buy bitcoin and some other coin and he held to my advice and buy at $6,871 and now he is in good profits. I come to understand that many of us lose money because we buy at the wrong time and price! If we can be patience for the price of our desire coin to fall enough before we buy we would never lose money!
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Global markets have sold off aggressively in the last three days.
There are sixteen stock exchanges (bourse) in the world that have a market capitalization of over US$1 trillion each. They are sometimes referred to as the "$1 Trillion Club".
The global stock sell-off is continuing, with Tuesday seeing significant falls at exchanges in Asia and Europe. The day after the U.S. stock market fell by its largest amount in six years, Japan's Nikkei index was down by 6.5% and Hong Kong's Hang Seng was down more than 6%.
Previously, when there were some economic turbulence, some investors turned to Bitcoin as a store of value or a Safe haven, but it seems as though the table has turned and Gold prices jumped to a 14-Month High.
Gold Prices Today Per Ounce :
Today
Per Ounce $1,326.90
Per Gram $42.66
Per Kilo $42,660.79
Bitcoin price : $7400
What explanation do we have for that?
Fiat specially dollars is get people attracted and many are selling off their hold in other for them to make profit through fiat. I think bitcoins is going to be the greatest beneficiary of this huge dump in stocks and commodities market. Ctyptocurrencies investment is the most attractive for now and we should wait and see how fund move back to it soonest. |
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I think bitcoin is the king, so holding altcoins (even ethereum) is high-risk method right now, if bitcoin hits 25-30K many altcoins will drop 100% at latest, so trading is the safest way for me!
in your opinion what is the safest way to gain 1% daily profit from trading?
like you have said "trading is the safest way" and you can actually make above that 1% daily if you are reading to learned how trade work. I have been following some threads here and you can actually find out how trade work by studying what traders are saying here. Bitcoin still remain the best assets one can actually trade and make good profit with less capital. |
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The price of Bitcoin and its further prospectsThe main crypto-currencies have struggled to maintain their upward momentum, provided earlier this week. Bitcoin fell again below the $ 10,000 mark, while Ethereum is very careful to exceed the threshold of nine hundred dollars.Earlier this year, the Bitcoin dominance index hit a record high. Throughout the recovery period in February, the Bitcoin dominance index, which measures its share of the entire crypto-currency market, rose significantly to about thirty-nine percent, largely because of the fact that most of the currencies in the market followed the price trend of Bitcoin itself. More
Since then bitcoin has have some serious recovery and it is currently eyeing $12,000. Bitcoin may began to show another strength any moment from the middle of this months. Bitcoin dominant is over and this is not because bitcoin is loosing in value but because many new coins are coming into the market and are sharing the market capitalization. |
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The major things I do now are buying low and sell high. It is more like a swing trade and it is more profitable than buying a coins and hold it for a very long time. Many altcoins especially the new one provide this opportunity several times in day and you can take the advantage buy putting your eyes on those coins that are dropping and buy them then wait for another cycle and sell them.
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Seriously I doubt if bitcoin will get to $500,000 before the end of 2018 and the current happening has even make some speculators to said bitcoin might not hit $50,000 or even it last year high of $20,000! Bitcoin has the capacity to get to $500,000 and the reality is that it might not be this year but some years to come.
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BTC has been gathering momentun since price failed to break above $12K on February 20 and 21, will BTC make it this time though we haven't seen enough volumes to support the uptrend for now.
Actually the volume is low and must of the volume indicators are showing ranging trend and I think we may need big whales to push bitcoin above $12,000. The price has tried to go close to that three time now and fail and I believe that level is a high significant level and if that resistance is break we may began to see the type of movement we witnessed in December this year. |
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We should understand that this market move in cycles and there is an accumulated time and distribution time and that is what we called corrections. Cash are flowing from stock market and cryptocurrency markets and we expect another fund flow to cryptocurrencies markets and stock any moment from now.
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Our governments and politicians will keep fighting bitcoin and altcoins but there cannot deny the beauty of blockchain technology. Bitcoin cannot be banned and even some country that have come out that they have ban bitcoin could not stop there citizens not to used it. Bitcoin has remained the main such of news to many media houses today because of how influential it is to the society. Taxation is good but most of the third world countries leaders do not deserve it.
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Solid project,solid team and huuuge correction plus btc dipping.I think can jump another x10 from where we are now
I agree with you tron can jump 10x from were it is now. I have a very high hopes on this coins and that is why I put in good money in December. I have been hoping that it price is going to rise and we would make good profit from it some time to come. Tron is a token that is going to do will in 2018 and 2019. |
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I believe that the future of cryptocurrency is very bright and we need to know that bitcoin and altcoins that are currency are going to be the currency of the future and since every human activities is going online bitcoin is going to be money of the internet. Ripple and others coins will also help humanity to resolve most of the financial problems we are having.
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over the past two days, BTC prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
It is a great sign of recovery and we should expect bitcoin to be in range trend for till the middle of this months. Bitcoin is doing very well now compared to what happened in January and early February. I was thinking then that It might take to the end of May before we see a bitcoin above $10,000 but thank God that it recovery early and I believe we will soon resume the uptrend than we have then. |
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Does stock trading work the same way as bitcoin trading?
The answer to your questions is yes and you should do more research to find out too! Stocks trading, forex trading, commodities trading and bitcoin trading are being control by emotions and greed and technical analysis and fundamentals analysis are tools used to forecast them. |
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We are getting there, cryptocurrencies is going mainstream and I believe many online and offline retailers and wholesalers are going to adopted bitcoin or create there own coins in future. We are the jet age and there earlier recognized that cryptocurrencies is the future of financial and commodities assets the earlier we will take advantage of it and benefits from it developments.
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