Why I'm very calm watching these crypto dips
View this post on Hive: Why I'm very calm watching these crypto dips
Moved to HIVE. Because I believe in decentralization. Not in one person's tyranny and dictatorship.
View this post on Hive: Why I'm very calm watching these crypto dips
Moved to HIVE. Because I believe in decentralization. Not in one person's tyranny and dictatorship.
@cryptoburner what do u think , how much time btc will take to get stable?
STABILITY?
It has been long time ago since I made my answer to the question "when BTC gets more stable?" It depends on the market size ( Cap)
The whole crypto market is yet SO TINY today, in the global terms.
Once it will grow x10 times from today - it will become 10x time more stable.
And when it reaches 100x times from today - we will see the prices 100x times more stable.
As simple as that !
well said. same change on larger base gives less percentage change.
Sorry if this is an unwanted opinion. I feel that BTC and the rest of the crypto market will be back on track by Q3 of 2018. You can consider a number of unknown factors for these recent dips, including the few hacks that did occur to the big exchanges and people trying to sell off those coins. Hopefully BTC having tested the 5,000$ range and hitting the bottom at only 5,755$(Bitfinex markets) will give the push the bulls need. If today closes above 6,400$ I have a strong feeling it will follow to 7,000$ in a matter of days.
Not that I strongly believe this will be the scenario, but all you said @hunny100dev is quite possible too!
I don't think it ever will tbh.. Bitcoin was great, but I think the DPOS systems are more likely to blow up because they can scale without any 2nd layer. If you want stability or a hedge against the occasional crypto dips I'd check out Quintric. They're a gold-backed crypto backed by Stan Larimer doing some really cool things with accountability and tax benefits. They use Bitshares, have a livestream of the vault, and are considered legal tender under the law (no capital gains). Really cool. The Larimers have a reputation for making great technology, but maybe I'm biased. I think it's pretty self-evident though at this point.
@cryptoburner everyone has own analysis on todays crypto situation but bitcoin is future & he almost achieve its bottom. according to my analysis, it will boom from 2nd week of july. you done your research i do my research. if you like my opining please vote & Comment
I do not care much if it BOOM's in JULY or in 2019. I am here for long time. 1-2 years is just NOTHING!
That does seem to be a realistic estimate in my opinion. My predictions I wrote were very similar.
@cryptoburner
Hai do you think we should wait for more dip or wait for bounce sustain above $6000 -6500 level.
If I would yet had $0,00 in crypto, I would probably had divided all my funds dedicated to cryptos in 10 parts, then spend 1 part right now, set 4 buy orders below 6K, spread in ~ almost egual distances (every next lower may be 2x bigger then the previous), and other 5 buy orders at certain critical prices above $6K. Thus may GIVE the lowest risk entry, while agreed to be happy with not the absolute maximum possible gains and profits.
Something like this, if you decided you can spent maximum 10K :
TOTAL dedicated: $10,000
( it is only an example for visibility what i mean, not a precize recomendation)
In case it drops to $2499, you will already have $6000 worth of BTC, so then you can easily CANCEL all the left 5 orders in the 7-11K range, and just enjoy the growth and profits
Lols . Don't poke it so much it will shoot to moon :P
I guess so. Or maybe it explode lol
Let it explode, LET IT EXPLODE !
Watch out!
@moneyguruu hopefully will c it soon!!!!
Interesting. So, this math really works in crypto like the way it in stock market. Right?
I do not know. But I believe most of the times to apply the old rules from FIAT world to anything in in CRYPTO world is NOT the best way. I always try to avoid this. Cryptos is yet to small to be rational and predictable.
Better yet - I'm trying to understand all the fundamentals, and where it is bringing this planet
Even if the prices drop some more, I would imagine actual mining costs for BTC will start to come into play pretty soon...
Soon? I'm not sure.
But if it drops below $3000, then it may happen
@cryptoburner According to my analysis bearish mode of market can not longer due to FIFA Worldcup. bitcoin should in range of 5200$ to 6800$ till 15th july. After that we can see spike in cryptomarket also it is supported by solving legal issue in India. What is your view on this analysis?
What is your Prediction and According to your knowledge what will be the price of BTC at the End of 2018??
I completely agree! The more it dips, the more I buy. I love when everyone else is panicking. Will it backfire on me in the end? Possibly, but I highly doubt it!
This really is the best time to invest!
exactly what i think. every crypto investors should follow this chart.because for now it is a volatile market but in future there will be more stability when big institutional investors will come in. john mcafee predicted that btc will reach 1 million usd till 2020. but i think 100k or even 250k is possible. so do not worry invest in cryptos with proper securities in long term . i usually invest 25% of my salary for crypto investment every month. this log scale clearly show we are on the track....only thing we need is patience..thank you guys