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bitcoin trading

Discussion in 'Business' started by Gibson, Jul 23, 2018.

  1. Gibson

    Gibson New Member

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    ’Bitcoin trading’ Bitcoin collapsed. Again. Yesterday (that is, on February 9), the Crypto currency fell from a mark of $ 1075 below $ 914, which made us recall the disastrous sale that we saw in the early days of 2017. It seems that every time Bitcoin significantly rises, a strong turn follows. Obviously, the digital currency is prone. According to the theory, the trend direction can be identified if a pulse with five waves is recognized. The third wave in the pulse pattern is usually the longest. Bitcoin’s proposal is limited not only in theory, but also in reality. The maximum amount of Bitcoins that can be mined is 21 million, and approximately 70% of this amount has already been generated. This makes Bitcoin an excellent area for mania or a stretched fwave that can occur. The problem is that the wave, stretched or not, is simply a phase of a larger pulse, and we know that each pulse is accompanied by a correction in the opposite direction. Therefore, once the mania reaches a maximum extreme, where it can no longer continue, completely opposite emotions will capture the minds of people. Emotion is fear, the extreme of which is panic. In other words, we must look for a stretched fifth wave, which will be accompanied by a decrease in this magnitude. On the right, Bitcoin’s graph is easy to detect. This is a weekly Bitcoin plot on a logarithmic scale. 81192 https://www.x-crypto.com
     
  2. Ekundayo Abdul

    Ekundayo Abdul New Member

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    You can't totally predict bitcoin. It is an asset with one of the most erratic price movements possible.

    This feature can be good or bad depending on which side of the fence you're at when price moves.

    Even the most experienced traders incur losses. I've had losses, but I find bitcoin intriguing so I'm not leaving it.

    I keep trying to learn all I can concerning bitcoin.
     
  3. calvindonath

    calvindonath New Member

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    You need a lot of knowledge and good skills to be able to predict Bitcoin Price. Trading needs knowledge so that you can trade with profit, if you will start trading without knowledge you will be risking your Money. There are many places where you can learn how to trade with success including Youtube tutorials.
     

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