Topic: Bitcoin Revival is On The Way - According to a trader (Read 692 times)
bitcoin is just 10 years old, its surprising to see its price go high up to $20K last 2017 which could be the reason why some consider it a bubble. being just too early for btc of course it will go more than $20k in the next years to come but there has to have adoption. if the price goes to the moon without yet the adoption, all the more it will after regulations and adoption.
I believe that bitcoin has a promising future.
Who doesnt? 
I mean would you even be in this forum if you were a shitcoiner? Quote
Many successful traders say that bitcoin will grow, and I also tend to believe it.
Here is something that you should be careful of. Try not to listen to what other traders say unless they are very close friends whom you know in real life. Majority of these "advisers" are paid shills and/or bagholders of shitcoins trying to dump their coins but not getting a pumped up price to sell them. So they resort to this type of advertising and promote good things about their shitcoin. Not everyone is like them though so dont generalize my statement but it is the majority. So be careful whom you listen to.Remember the best person to ask for advise when in doubt in crypto, is yourself.
Bitcoin is not dead and I think it does't need revival, the growing numbers of transactions and adoptions is a sign that its far from being dead. I believe its the most valuable asset aside from gold and silver, maybe one day it will outrank that particular assets too If investors realize that it has no potential value then possibly it will not reach a decade.
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
Definitely. Bitcoin will cost much more by the end of the year, but before that, we may see another decline in the price. You have to be careful and make deals very carefully.
I believe that bitcoin has a promising future. Many successful traders say that bitcoin will grow, and I also tend to believe it.
The rising price of Bitcoin lately is indeed a revival of Bitcoin. And this is a very good sign. Bitcoin, which had a very high value at the end of 2017, continued to decline from the beginning of 2018 to the present, making some people worried about the future of Bitcoin. but after seeing Bitcoin prices rise lately it has made people excited again.
Bitcoin doesn't need a revival because it never died. It still works just as fine when the price is low. Still handles millions of transactions across the globe without middleman. But most people see it as a speculative tool instead of what it is meant to be.
Besides, there are too many "experts" with their own (wrong) theories.
Talking about those experts, most of them are just dipshit nutheads who are promoting their own scam coins that they have been paid to promote. Who cares about what you buy and if you are buying a shitcoin or not. They want their money and they will poke your instinct in every manner possible so that you buy into their koolaid propaganda. Do not trust any so called "financial advisor" but do your own research. Those guys are the one actually making money from both the coins whom they are promoting and also from the members who are paying them for their advise.Besides doing a little bit of TA is not tough if you are willing to learn it from the internet writeups. Do that and although it wont be successful everytime but it can be helpful in many ways.
Well seem's like they are right about it and I wish I have some extra money to buy some last week.
In the past few days we have seen the price slowly increasing and it is now around $4984 it also hit $5,100 earlier .
I hope that it wouldn't get any lower than $4,500,I also hope that it would continue to get higher.
In the past few days we have seen the price slowly increasing and it is now around $4984 it also hit $5,100 earlier .
I hope that it wouldn't get any lower than $4,500,I also hope that it would continue to get higher.
Basically, the increase in the price of Bitcoin means alot to this family. The words of the trader remind me of 2017 before the bullish trend of Bitcoin price. Most people thought Bitcoin was dead but disappoint them again in 2019. The trader was pessimistic about the rise in the price of Bitcoin.
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
yes I believe in this matter, you have seen it in these two days. it's only a matter of time that bitcoin will soar again and we have to believe this.
The term soaring high is a bit off for me though. We've seen a good growth in the past few days but i'd advice against getting too excited about it. There are different traders with different views and not all of them agree to those traders mentioned.
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
yes I believe in this matter, you have seen it in these two days. it's only a matter of time that bitcoin will soar again and we have to believe this.
I'm still in the phase of closely watching the market and making my own analysis. Following predictions could lead to a wrong way. Besides, there are too many "experts" with their own (wrong) theories. Price rise is a good news but it's still too early to say if this is the way to full revovery or just a phase that is going to end soon.
Price predictions from those traders are far not always true. Traders are getting money on any kinds of price movement. No matter of the price is growing or not. The main problem is to predict the vector of the price movement in short period of time. Even if the price is falling traders will still be able to get their money. It seems like the guys from the OP's post recently placed some buy orders.
Their price prediction could be honest or bias, we will never know unless we also make our own analysis. I don't follow in others prediction, though I listen to them but it's still good if you are fully agreeing with them before you make a decision.
Following them blindly will cost a trader a lot of money.
According to my mother, I’ll be a doctor 4 years ago and now I’m nothing. See it always not true, but it is possible. So the term “according” doesn’t count as reality, but just a prediction.
I want it to happen? Yes and No.
Yes because bitcoin deserve more attention and the hype about it isn’t worth at today’s price. It’s more valuable at this generation, but the financial system is holding it back.
No, because I don’t want to give credit “the expert” the luxury of being the main guy who turns the table of its rise.
I want it to happen? Yes and No.
Yes because bitcoin deserve more attention and the hype about it isn’t worth at today’s price. It’s more valuable at this generation, but the financial system is holding it back.
No, because I don’t want to give credit “the expert” the luxury of being the main guy who turns the table of its rise.
Price predictions from those traders are far not always true. Traders are getting money on any kinds of price movement. No matter of the price is growing or not. The main problem is to predict the vector of the price movement in short period of time. Even if the price is falling traders will still be able to get their money. It seems like the guys from the OP's post recently placed some buy orders.
And it is testing $5k again. Lol.
I guess every trader, specially those experienced, known the price movement based on their TA so I'm not surprised if there are a lot of traders pointing that bitcoin is on the road to recovery.
That's what makes this ecosystem lively, a lot of sharing, we might not agree with some, but majority has good input that we can really verify easily by just looking at the current price movement.
I guess every trader, specially those experienced, known the price movement based on their TA so I'm not surprised if there are a lot of traders pointing that bitcoin is on the road to recovery.
That's what makes this ecosystem lively, a lot of sharing, we might not agree with some, but majority has good input that we can really verify easily by just looking at the current price movement.
CNBC's Seema Mody interviewed Futures Now traders, Jim Iuorio and Scott Nations last night.
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
yes I believe in this matter, you have seen it in these two days. it's only a matter of time that bitcoin will soar again and we have to believe this.
I am not much excited with this argument. I don't think that there is any significance attached to the $4,000 per coin level. How can you say that 4K is important to the traders when 3K and 5K isn't?
It's likely that it's their opinion only based on how they analyzed the current and oast movements. Any trader could have made such analysis and prediction. I guess it's been too long that we've been in the 3k plus levels that stabilizing abive 4k would be a big boost in confidence and hopes of t least some traders and holders.
Jump to: