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You're right, when the price went down, a lot of investors invested in it. It is the investors who do not allow the price of any corrupt currency to fall too much. Its market volume is very high which makes its price stable.As of writing this, bitcoin's value has gone up to $10000 and is expected to increase more due to the halving. Investors are buying more and more bitcoin in the hopes of seeing a great surge after the halving.
You can buy other coins which are low like stellar, polkadot and ethereum , I am sure you will be happy Investing in them . I use Binance Exchange and my wallets.What stuffs you are buying besides bitcoin ? And which exchange do you follow and work with ? I guess price does not mean only buy and sell effect but lots of complex stuffs and sometimes we guess wrong and face loss too.
You can buy other coins which are low like stellar, polkadot and ethereum , I am sure you will be happy Investing in them . I use Binance Exchange and my wallets.
grand pump of Bitcoin is far short term and I don't think it can be reached to $100,000 but we can say that bitcoin price will be remain from $30,000 to $40,000 and this is a good price for Bitcoin in the past history.As of writing this, bitcoin's value has gone up to $10000 and is expected to increase more due to the halving. Investors are buying more and more bitcoin in the hopes of seeing a great surge after the halving.
I don't know the exact fee, but I noticed the exchange rate for Binance is lower compare to other Exchange platforms in my Local currency.Good. I have heard that Binance prices between buy and sell are quite closer than other exchanges. What is fee per trade on buy or sell in % ? I may need to start Binance too.
When the price will favorable to someone, not know anyone. because the price of BTC is too volatile and it can turn up or down any time and there is no limit of this ups and down.You are right, I have never see any person or platform where all predictions about bitcoin prices comes to reality, my submission is to trade when the price is favourable to me
The volatility is why you may need to be watching it almost every time especially if you have a targeted price to trade off the coin. Information is very important.When the price will favorable to someone, not know anyone. because the price of BTC is too volatile and it can turn up or down any time and there is no limit of this ups and down.
Small investors have always to wait a targeted price to buy BTC and it is not enough to hold BTC for increasing price because the price can changed within no time.The volatility is why you may need to be watching it almost every time especially if you have a targeted price to trade off the coin. Information is very important.
Personally, I will advise Small Investors to focus more on ethereum now than bitcoin , the potential is much higher as compared.Small investors have always to wait a targeted price to buy BTC and it is not enough to hold BTC for increasing price because the price can changed within no time.
I also 100% ageed with you that the small investors should invest in Ethereum and it has great potential for increasing its value day by day. Its time to invest in this coin now.Personally, I will advise Small Investors to focus more on ethereum now than bitcoin , the potential is much higher as compared.
Personally I have not seen bitcoin reaching $45,000 the highest it has reached is $41,900 before the crash in the value. I quite agree with you that if it could break this resistance it may hit $50 soonest.brother the price of Bitcoin depends on the demand and before past few weeks the demand went very high due to which the prices went to $45,000 but as not much people can afford it it only rich people are investing in it so its demand is staying between $30,000 -$40,000 from the past week as the price will come a bit low the demand will increase more and the price may go up to 50,000 dollar but it will take time
The high level of investment is the reason behind the increase in the price of bitcoin and recently that more people have not invested yet the price is been dangling.Bitcoin's price surge could be the result of high investment activity
According to the behavior of bitcoin after large institutions invested their shares in this cryptocurrency, it increased its price suddenly, which is why this is one of the causes of the increase.
Yes, it is true that the increase in the price of Bitcoin could be the result of high investment activity. Bitcoin is a cryptocurrency that operates in a highly speculative and volatile market, which means that its price can experience significant fluctuations in a short period of time. One of the key factors that can influence the price of Bitcoin is the demand and supply in the market.As of writing this, bitcoin's value has gone up to $10000 and is expected to increase more due to the halving. Investors are buying more and more bitcoin in the hopes of seeing a great surge after the halving.
If there is an increase in the activity around bitcoin, there is going to be a price change and that is as a result of the fact that the price of bitcoin is strongly determined by the buying and selling pressure in the crypto market.It is very interesting to see how bitcoin price are moving up. The recent increase in the price of bitcoin is also result of increase in investment activity and that is what investors would want as it will bring in more profit.
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