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Ch Ayyan

What is your analysis about crypto prices.

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I think the prices will start incre gradually and eventually get back to their original prices and that is why it is a very good idea to invest in bitcoin right now as its price will increase and make profit for those who have invested.

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On 3/15/2020 at 10:10 PM, khan188 said:

Well, as this sharp decline is because of Virus issue. As we found any hope to fight the virus everything will be normal and the prices will go there again from where came. 

Gladly the bitcoin finally recovered from the effect of pandemic and the price possible to twice the current price in the near future. 

Let's wait for it to happen. 

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If we see the Market current price it's really nice, because as we know we are facing the huge pandemic and every market like stock is down but btc managed to be on 9-10k for more than weeks and now also. So sure after this covid-19 ends the Market is going to pump more.

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NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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Crypto prices are not stable, it varies all the time and it is completely normal. It is hard to predict the prices of crypto but i hope that it will continue to increase.

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I think it is normal for all cryptocurrency prices to drop at that time about two months ago because of the spread of the Corona virus and its negative impact on the entire global economy, but now we have overcome this crisis and cryptocurrency prices have risen again

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On 3/15/2020 at 10:10 PM, khan188 said:

Well, as this sharp decline is because of Virus issue. As we found any hope to fight the virus everything will be normal and the prices will go there again from where came. 

Gladly the price finally recovered from that and possible to double the price in next month based on some expert predictions. 

My analysis it will happen soon. 

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The whole thing is a correction to the price, meaning that the upward price movement needs a corrective course every period in order to invest in a higher and better increase.

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On 3/15/2020 at 12:40 AM, Ch Ayyan said:

I found  all crypto currencies  prices  has down very  much  . I just want  to know about  all members  analysis  about  prices. What you think that when they rise up back.

Well most of members or crypto lovers are using an specific site to view the movement of the Cryptocurrency prices since the market is very volatile also they take the advices or prediction of the expert in Cryptocurrency.

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The down market of currencies main reason is the virus and everyone facing problem with it we have to be make our self enough strong to handle every problem we are facing and I think this is a time when we should keep our investments on hold position because if we sell in this period then a huge losses we have to face many of investors have already put in their investment in the currencies so they don't have any option they have to hold for sometime.

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I don't fear that much when price falls because its a normal thing in crypto currencies market. Sometimes it makes me fear because i may need profit at that time when price falls! But its a normal thing because its the market habit. 

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Time is the ultimate weapon!

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12 hours ago, Tine0313 said:

Well most of members or crypto lovers are using an specific site to view the movement of the Cryptocurrency prices since the market is very volatile also they take the advices or prediction of the expert in Cryptocurrency.

That's true mate, and the site which is the most viewing site to see the current price of all coins is the coinmarketcap, but for me, I'm using the blockfolio app, this app can see the whole coin prices but I'm just selecting the bitcoin, ethereum, sol and the ripple because this coins are important thing to see the price.

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2 hours ago, Mcd0d0 said:

That's true mate, and the site which is the most viewing site to see the current price of all coins is the coinmarketcap, but for me, I'm using the blockfolio app, this app can see the whole coin prices but I'm just selecting the bitcoin, ethereum, sol and the ripple because this coins are important thing to see the price.

Thanks for sharing mate i honestly don't usually use those kind of app or sites because i didn't have any idea what is the most trusted then i see this, thanks again i can finally try those sites and app you mentioned above.

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On 3/16/2020 at 1:45 AM, Jahida 67 said:

Yes, for some time all the coins have dropped in price. Is it because I do not know why I hope that if he knows you are telling me then I would be very benefited.

Some coins dropped their prices because of the down of the bitcoin price which affects the value of some coins. 

Just wait for some time and it will rise again. 

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already after a long dump in Crypto market we see that price of Bitcoin start recovering now Bitcoin tradable on $9500 . 

I think Corona as well , higher selling orders , mining is stopped ( for some time ) this is main reason behind dumping in it's price .

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6 hours ago, Tine0313 said:

Thanks for sharing mate i honestly don't usually use those kind of app or sites because i didn't have any idea what is the most trusted then i see this, thanks again i can finally try those sites and app you mentioned above.

Well, i will prefer to you this two because this is a trusted sites and many people are using it so you should try it also, i hope you may used it mate.

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Hopefully the price will still rise again by next few month we expect the price to shoot up to $10000 right now the price of Bitcoin is not less than $9000.

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13 hours ago, Mcd0d0 said:

Well, i will prefer to you this two because this is a trusted sites and many people are using it so you should try it also, i hope you may used it mate.

Of course buddy, after i learned those site and app, i immediately view those so i can check the movement of the Cryptocurrency that i am eyeing to. This forum is a great help for everybody because of knowledge its share by members here.

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Everybody here have his own opinion and analysis but to my own opinion I prefer to check the market situations and see what best to do if I am to wait for the price to rise or to sell to avoid losing.

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4 hours ago, Ndayebo8 said:

Everybody here have his own opinion and analysis but to my own opinion I prefer to check the market situations and see what best to do if I am to wait for the price to rise or to sell to avoid losing.

You are not wrong, we do check for recent prices but there are times I also make use of stop loss for certain reasons especially for bitcoin and strong altcoins because I can not always be online monitoring the price. 

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21 hours ago, Yomose said:

I also make use of stop loss for certain reasons especially for bitcoin and strong altcoins because I can not always be online monitoring the price. 

Stops loss is good to be applied when you are busy and you don't have time to watch the price most especially in the night time you may like to sleep if you don't use stop loss you can cancelled the order mistakenly or miss the right opportunity to make profit and you end up losing most in the forex trade.

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basically in the mid of March there was big dump where bitcoin came down from $8800 to $3900 after that bitcoin recovered very fast on 25th of march bitcoin was hovering around $5500 which was very good 

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Presently the price of Most of the cryptocurrency is normal not too high not too low. But most of the traders predicted that the price will be low in this crisis time. Which is not so true. But I predict that in future after the the crisis will over the prices will surely increase

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15 hours ago, Ndayebo8 said:

Stops loss is good to be applied when you are busy and you don't have time to watch the price most especially in the night time you may like to sleep if you don't use stop loss you can cancelled the order mistakenly or miss the right opportunity to make profit and you end up losing most in the forex trade.

Especially, I use stop lose if I want to sleep, and for any sharp fall of price, I had helped a lot. But it also has disadvantages in which the price of the coin may rise above normal after stop lose is used. So while using it, we must use it in a way that will favour us. 

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11 hours ago, P A Ashif said:

Presently the price of Most of the cryptocurrency is normal not too high not too low. But most of the traders predicted that the price will be low in this crisis time. Which is not so true. But I predict that in future after the the crisis will over the prices will surely increase

Bitcoin has maintained its good price despite this difficult financial crisis that the world is going through due to the Corona virus, and this is very important as Bitcoin gained people's confidence as a result of its stability in this great crisis.

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Basically for you to understand what brings currency prices up or down, you have to acknowledge that there are several good and bad news that affect price directly.

 

For example if an exchange eventually got scammed and lost investments currencies will drop way too much because traders will be willing to take their money out of there (as selling therefore price drops)

 

The same goes to when good news are heard, investors will take on the opportunities and invest.


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Expectedly tough comments on the outlook were also absent. This inaction increased pressure on the national currency, sending the USD/JPY pair to new heights. It continued its cosmic saga, reaching a new 34-year high of 160.22. Following this, Japan's financial authorities finally decided on a double currency intervention. Although there was no official confirmation, experts estimate its total volume at $50 billion.   Did it help? Judging by the USD/JPY chart, not really. The pair headed north again last week. Unlike the euro and the British pound, the yen barely reacted even to weak US labour market data on Thursday, 9 May, only slowing its decline.                    All this occurs amid endless statements from the Japanese Central Bank and Ministry of Finance about their readiness to take necessary measures to reduce speculative pressure on the national currency. The published minutes of the BoJ meeting show that most board members took a "hawkish" stance, calling for a rate hike.   However, many analysts believe that the Bank of Japan will take only one such step in the second half of the year. The last chord of the past five days sounded at 155.75. Economists at Singapore’s United Overseas Bank Limited (UOB) expect the USD/JPY pair to trade in the 154.00-157.20 range in the next 1-3 weeks. UOB also believes that the chances of it falling to 151.55 have significantly diminished. Overall, most experts (70%) simply shrug their shoulders in uncertainty. The remaining 30% persistently expect the yen to strengthen. As for technical analysis, 100% of trend indicators on D1 look north. Among oscillators, 50% are such, 15% point south, and 35% point east. Regarding support/resistance levels, traders should note that with such volatility, the slippage can reach many tens of points. The nearest support level is around 155.25, followed by 154.70, 153.90, 153.10, 151.85-152.25, 151.00, 150.00, after which come 146.50-146.90, 143.30-143.75, and 140.25-141.00. Resistance levels are 156.25, 157.00, 157.80-158.00, 158.60, 159.40, and 160.00-160.25.   Events of the upcoming week include the release on Thursday, 16 May, of preliminary GDP data for Japan for Q1 2024. No other significant publications regarding the Japanese economy are expected in the coming week.   CRYPTOCURRENCIES: A Week of Reflection and Uncertainty     What will happen to bitcoin in the foreseeable future? It seems there is no clear answer to this question. Experts and influencers often point in opposite directions: some shoot for the stars, while others keep their eyes on the ground.   For instance, according to the founder of Pomp Investments, Anthony Pompliano, bitcoin is "stronger than ever." He concluded this based on the 200-day moving average (200 DMA) reaching its ATH (All-Time High) of $57,000. Michael Saylor, CEO of MicroStrategy, is also optimistic. In his latest message, he urged investors to "run with the bulls." (It should be noted here that MicroStrategy holds 205,000 BTC on its balance sheet, so Saylor's bullish calls are quite understandable. He simply has to do this for his company to profit rather than incur losses).   However, analysts note that bitcoin's fate depends not only on the rosy calls of the MicroStrategy CEO. And if buyer support weakens, BTC could break through the key support level of $61,000, falling to the $56,000 zone, where significant liquidity is concentrated. MN Trading founder Michael Van De Poppe does not rule out another correction to around $55,000. However, the specialist quickly reassures investors, stating that this is quite acceptable as long as bitcoin holds above $60,000. Anthony Pompliano believes that the price will not fall below $50,000, and another expert, Alan Santana, does not rule out a drop to $30,000.   Trader and analyst Rekt Capital believes that the first cryptocurrency has exited the post-halving "danger zone" and entered the initial phase of re-accumulation. According to this expert, in 2016, BTC demonstrated a long red candle after the halving, falling by 17%. This time, the pattern repeated, with the difference between the post-halving maximum and minimum being 16%. The price reached a local bottom at around $56,566 but then rose to $65,508, on which Rekt Capital concluded that it re-entered the "re-accumulation range." However, there is one "but" - after this, we again observed a drop to $60,175. Overall, it seems that BTC/USD is in a descending channel, which increases investor concern.   In general, the forecasts are quite diverse. Information on the activity of various categories of traders and investors also varies. Analyst and CMCC Crest co-founder Willy Woo noted the activity of so-called crypto dolphins and sharks. "There has never been such a rapid purchase of coins by wealthy holders as in the last two months when the price fluctuated between $60,000-70,000. We are talking about those who hold from 100 BTC to 1000 BTC or approximately $6.5-65 million," he explained. On the other hand, according to CryptoQuant analysts, whales holding from 1000 to 10000 BTC, unlike dolphins and sharks, have behaved quite passively. Michael Van De Poppe, for his part, notes the absence of retail investors.   All this suggests that we may not see new all-time highs for BTC in the coming months. We wrote about this in the previous review, citing, among other things, the opinion of such a Wall Street legend as Factor LLC head Peter Brandt. With a 25% probability, he assumed that bitcoin had already formed another ATH within the current cycle. As for long-term forecasts, nothing has changed here - most of them predict a powerful bull rally for bitcoin. Anthony Pompliano writes about this. Willy Woo expects bitcoin to continue increasing its penetration into various spheres of everyday life, meaning the number of users will grow. "By 2035, we expect bitcoin's fair value to reach $1 million. This forecast is based on the user growth curve. And I'm talking about fair value, not a peak during a bull market frenzy," the analyst notes.   The author of the bestseller "Rich Dad Poor Dad," entrepreneur Robert Kiyosaki, once again included bitcoin in the TOP-3 ways to save and increase capital. "Bad news: the [currency market] crash has already begun. It will be severe. Good news: a crash is the best time to get rich," he wrote, offering several recommendations on how to act in a crisis. Let's note two of them. The first reads: "Find an additional source of income. Artificial Intelligence will destroy millions of jobs. Start a small business and become an entrepreneur, not an employee afraid of losing a job." "Don't hoard fake money (US dollar, euro, yen, peso) that is losing value. Hoard gold, silver, and bitcoin - real money whose value increases, especially in a market crash," is Kiyosaki's second recommendation.   Regarding bitcoin's growth, Kiyosaki is absolutely right; it's even pointless to argue. According to a study by Colin Wu, better known as WuBlockchain, over the past decade, the price of the leading cryptocurrency has grown by an astonishing 12,464%, outpacing giants like Amazon, Apple, Google, Meta, Tesla, and Netflix. BTC was second only to Nvidia (+17,797%). But the fact that bitcoin took second place, being a representative of a relatively new and volatile market, is a real achievement. BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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