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Bitcoin - Crypto investing and trading discussion

Discussion in 'Bitcoin Forum' started by heyimsnuffles, Dec 22, 2016.

  1. StockJock-e

    StockJock-e Brew Master
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    Lets see if the $10k level can hold here, this run has used up its momentum
     
  2. JohnSmithK

    JohnSmithK New Member

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    Bitcoin is one of the trending cyptocurrency apart from ripple and others and also very costly. I would rather invest in some other stocks or multiple stocks rather than investing in single bitcoin.
     
    StockJock-e likes this.
  3. Kat

    Kat Member

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    Bitcoin would seem to have finished the downward movement. I assume that now it will even move up to 8.800. There is a broken Kijun line. But this is only a correction. Bitcoin will then move down to the Ichimoku cloud at 6500.

    1.png
     
  4. Mitridat

    Mitridat New Member

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    What is this trading platform?
     
  5. Kat

    Kat Member

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    This is StormGain, a new company.
     
  6. Debby Tompkins

    Debby Tompkins New Member

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    Hello Guys,

    Bitcoin is something that we can say a worthful investment, just because of the chance of getting high returns on investment.
    For trading bitcoin, you may acquire some good knowledge of the crypto markets, as it can help you to understand the nature of bitcoin or you may take help from others as there are many platforms teaching about bitcoin trading. Some of them are really good and have very helpful knowledge regarding bitcoin trading.

    Thanks
     
  7. Debby Tompkins

    Debby Tompkins New Member

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    You can get many strategies for earning money online some of them take time and some of them give you quick results like investing in cryptocurrencies.

    As I have been trading bitcoins for the past two years, I would suggest that one should invest in cryptocurrencies as you can earn a high return on investment because it's the price is always fluctuating so you never know when you can get lucky.

    But before investing takes some good knowledge about bitcoin trading and just be aware of the frauds before investing your money anywhere. There are many online platforms that can guide you on how and where to invest your money to make a profit. As I have been into bitcoin trading for a while and if I would have to suggest, I will recommend Olymp Trade. It is one of the best online platforms for bitcoins as the best part of this platform is the security and reliability of the platform.
     
  8. Kat

    Kat Member

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    Cryptocurrencies: A mixed bag

    Key events 14/01/20 - 21/01/20
    Over the course of this past week, cryptocurrencies have performed reasonably well. Bitcoin Gold rose by 34.34%, while Dash grew by 35.98%. Cardano (ADA) also enjoyed a 12.05% increase in value. Despite the market’s current mixed-news climate, it appears as if the majority of digital assets opted to only react to positive elements.
    One bit of good news for the market was the announcement that Facebook’s digital currency project, the Libra Association, had formed a five-person steering committee. The committee’s role will be to oversee the technical development associated with the upcoming launch of the coin, which is planned for late 2020.


    There were more positive developments from crypto exchange Coinsbit, announcing that it is going to open a cryptocurrency marketplace under the name Coinsbit Store, where users will be able to purchase goods from AliExpress, Amazon and Ebay. The store is set to go live in April of 2020.

    Among the negative news were reports that the South Korean government is planning to levy a 20% tax on all income derived from cryptocurrency trading. There has also been similar unfavourable information that the UK tax authorities are going to begin tracing any suspicious cryptocurrency transactions.

    Cryptocurrencies have managed to exhibit decent growth in recent days and we could see this uptrend continue. The news climate would seem to suggest that this is possible.

    Ethereum creator Vitaly Buterin has hinted at the possibility of merging Ethereum Classic and Ethereum 2.0. Furthermore, it was reported that the basketball club Sacramento Kings have signed a partnership agreement with the Ethereum development studio ConsenSys, in order to produce a sports gear auction platform built on the Ethereum blockchain. Looking at the technicalities, ETH/USD is currently not far off its resistance of 176.00. If it can rise above this mark, then that would open up a path for further growth to 192.50.

    https://stormgain.com/news/cryptocurrencies-mixed-bag
     
  9. StockJock-e

    StockJock-e Brew Master
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    I have always been curious to see how BTC handles itself at times of trouble. No trading halts, not down limits...
     
  10. Vdubman

    Vdubman Active Member

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    $4200-4500 Hedge fund entry point for break even. This is the point at which most large funds started buying en masse btc and other crypto’s after the 2019 crash.

    it’s getting close but I think most hF have sold out large positions already this week. I have a feeling it will drop over the weekend as well. BTC is no hedge against anything in today’s market now since it’s controlled by larger institutions and exchanges.

    RIP margin traders though. Everyone getting margin called tf out from this crash.
     

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