Bitcoin Trading vs. Investing The first thing we want to do before we dive deep into the subject is understand what Bitcoin trading is, and how is it different from bitcoins. should-i-invest-in-bitcoin-here's-what-you-need-to-know investing in Bitcoin...
When people invest in Bitcoin, it usually means that they are buying Bitcoin for the long term. In other words, they believe that the price will ultimately rise, regardless of the ups and down that occur along the way. Usually, people invest in Bitcoin because they believe in the technology, ideology, or team behind the currency.
Thus, Bitcoin investors tend to "A slang term and Internet meme that is used in the Bitcoin community when referring to holding the cryptocurrency rather than selling it. It originates from a typo of the word in an old BitcoinTalk post."the currency for the long run (HODL is a popular term in the Bitcoin community that was actually born out of a typo of the word “hold” "external" old 2013 post in the BitcoinTalk forum
Bitcoin traders, on the other hand, buy and sell Bitcoin in the short term, whenever they think a profit can be made. Unlike investors, traders view Bitcoin as an instrument for making profits. Sometimes, they don’t even bother to study the technology or the ideology behind the product they’re trading.
Having said that, people can trade Bitcoin and still care about it, and many people out there invest and trade at the same time.
As for the sudden rise in popularity of Bitcoin (and several altcoins) trading – there are a few reasons for that. First,bitcoins.com/bitcoin-volatility-explained bitcoin is very volatile. In other words, you can make a nice profit if you manage to correctly anticipate the market. Second, Unlike traditional markets, Bitcoin trading is open 24/7.
Most traditional markets, such as stocks and commodities, have an opening and closing time. With Bitcoin, you can buy and sell whenever you please. Finally, Bitcoin’s unregulated landscape makes it relatively easy to start trading—without the need for long identity-verification processes.
More Ideas Email me: awalnewaz999@gmail.com www.tradingview.com BITFINEX:BTCUSD
Busywithcrypto
BTC IS GOING LOWER 6K; DON'T BE MANIPULATEDEhi guys, this is busywithcrypto team.
Today we will discuss about BTC and why we are really really bearish in this moment!
As you can see BTC broke the black trendline like it did in may. we can see like we have also the green trend line that is the resistance on the upside and BTC touched it perfectly in the 8500 region about a week ago. In the past few days we saw like btc crashed really really hard and now we're seeing a little correction that would take us to probably 6650 maximum, but i think we're going down and we won't touch 6650. anyway like you can see the rsi is about to be oversold and BTC will go oversold in the next days... so now we need to stay calm and concentrated on btc cause it has a big dominance and it will determined the entire market! so now stay focus on this one!
We will broke the 6k region and then probably the 5k, and this will be the last downside movement!
This is all for now, have a good day guys, see you later!!
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ETH: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
BTC: 193KFu1CXmwTcZWusGNv2XCUYQMkZbGevp
DENT: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
LTC: LSYmoADYJYjp2TNQ4zrVScqm42qtM3z1he
BTC INTRADAY SHORT TRADE, 5850 TARGET ZONE!!Ehi guys, this is busywithcrypto!
Today i'll show to you my intraday trade idea that can you some money attending the good moment to re-enter in btc. Like i said every single time, this is a sort position and it is very risky int this speculative so be cautious!!
Let's start: BTC touched the 6100 zone and then went up really really fast and now, with the fibo retracement we have our first short position entry zone that is the 6370-6400 zone. But as you can see from the chart, we have a second entry zone that is the 6480-6520! Now, as you know, btc is heavily manipulated so we could have a spike in this second zone but, like every single time, we are not 100% sure with the open zone of these shorts positions! anyway the target zone i then located at 5900 zone! So be cautious and i will post the updates later!
This is all for now, have a good day guys, see you later!!
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ETH: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
BTC: 193KFu1CXmwTcZWusGNv2XCUYQMkZbGevp
DENT: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
LTC: LSYmoADYJYjp2TNQ4zrVScqm42qtM3z1he
IS BTC READY TO GO UNDER 6K? IT IS, SEE OUR TARGET!!Ehi guys, this is busywithcrypto team!
Today we will discuss about btc! like we said some days ago we're still remain in a bearish momentum and you need to be careful and do not listen to all the people/news/articles that tries every single day to confuse your minds!
As you can see btc broke the black trendiline on the daily chart and broke the triangle in brown! This is really important guys, BTC broke two pattern and it is now completely bearish and ready to make new lower lows! It is falling quite hard and really really fast, so if we continue in this way we will surely see some little upside movement, but then we will continue down to the first target you see, the 5800-5600 zone! this will be the first crucial zone, we will need to see what btc will do when it'll arrive here, but if we continue on this way, BTC will inevitably go down to the sub 5k zone (more precisely 4800-4600 zone). i do not think we will see 3500 zone cause now the 200 ema in the weekly is at about at 3900 and when we will (probably) touch the 4600 zone the ema will be here, so this is of one our more important target! So like we said, we're in a bearish market and in the next days we will see lower lows and lower highs but we're inevitably falling lower 6K! I'll keep you update!
This is all for now, have a good day guys, see you later!!
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ETH: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
BTC: 193KFu1CXmwTcZWusGNv2XCUYQMkZbGevp
DENT: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
LTC: LSYmoADYJYjp2TNQ4zrVScqm42qtM3z1he
XRP SMASHED THE 0.4 REGION, NOW 0.3 USD SEEMS THE NEXT TARGET!!Ehi guys, this is Busywithcrypto!
And here we another time with xrp. Like i said two days ago xrp broke the 0.4 zone and it's going down to the 0.3 zone.
As you can see from the chart xrp broke the triangle in brown and went down really hard and it is now sitting at 0.35 usd. Anyway, for me this triangle isn't the most important information of the chart. The most important thing is that we broke the trend line in blue and this is why xrp crashed so hard!
Now, pay attention on the rsi. As you can see in the daily chart xrp is oversold at the moment, and this is why it can goes up for a bit now, but if we look at the weekly (i'll post it later) the rsi isn't so bad and it isn't oversold and this is why i think that we can see a little correction in the next days; but in the mid-long term we will go lower for now.
Anyway, as i said XRP at the moment is really really down and all you need to do is AVERAGE DOWN!! Do not stay focused on find the perfect dip because it can happen that you will fail and xrp will reverse! this market is heavily manipulated so buy everyday a bit portion of this one and when it will go up to the math, if you've bought at 0.35 or 0.34 or 0.3 or even 0.28, it will not make all this difference!
For now it's all, have a good day and see you later guys!!
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ETH: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
BTC: 193KFu1CXmwTcZWusGNv2XCUYQMkZbGevp
DENT: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
LTC: LSYmoADYJYjp2TNQ4zrVScqm42qtM3z1he
INTRADAY TRADE!! 7090 AND THEN 6700??Ehi guys, this is Busywithcrypto!
We can see in the 30m chart like we are in this sideway pattern and we can see like we're moving in this fibonacci pattern!!
In the specific, BTC is moving from 0.236 to 0.786 and it touched one time 1 level and 0 level.
So we're now moving to the 0.786 zone and then we would probably go down to 6700, our target zone!
This is why i really think open a short position at 0.786 so 7090 and then go down and close your position at 6750-6700.
Guys remember, open a short position or any type of this position in this market is really really dangerous and sometimes a spike on the upside and downside happens and hit your stop loss and you're out. so pay attention and if you want to open a trade be really cautious!
This is all for now, have a good day guys, see you later!!
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If you're making money with our analysis, support us :)
ETH: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
BTC: 193KFu1CXmwTcZWusGNv2XCUYQMkZbGevp
DENT: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
LTC: LSYmoADYJYjp2TNQ4zrVScqm42qtM3z1he
WILL ETH RETURN TO 300 AND LOWER?? STAY BEARISH FOR NOWEhi guys, this is Busywithcrypto team!
Today we're here with eth. We need to remember how every single alt is following the btc move, anyway is interesting to see what good entries we can catch with eth.
We can see how eth is following, like it did from januray to april a downtrend trend line (in black). in april it went up cause the market was a bit bullish and arrive to 800, from there it started another downtrend and it is currently at 400 region.
Eth has a big support at 380-360, but it will happen when we will come back here? I really think ETH WILL FOLLOW THE MARKET, so for now it will follow BTC, remember this important fact!
We are in a bearish downtrend and i think btc will return to 6000-5000K region and this is why i think eth will return to 300-280 zone and probably it will be a bit down but from this zone it will be important to make AVERAGE DOWN!! cryptos are really really manipulated and it is possible eth will reverse form this region and never touch it again, so i think we could see something like 200 region cause from 280 we have no real support but it can reverse in every single moment.
This is all, i know it isn't so much but at the moment we need to stay focused on btc and then when we will have some more informations from btc, we will make more precise alts analysis!
Have a good day guys, see you later! :)
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ETH: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
BTC: 193KFu1CXmwTcZWusGNv2XCUYQMkZbGevp
DENT: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
LTC: LSYmoADYJYjp2TNQ4zrVScqm42qtM3z1he
WILL XRP GO UNDER 0.4 USD? Ehi guys, this is Busywithcrypto,
today we'll talk about ripple.
We can see like we're now in the 0.4 zone, a really crucial zone! we need now to think one moment on the current situation of the entire market.
Ripple is at 0.4 and btc is at 7000. Now i think BTC will touch the 6000-5000k zone so where will xrp go??
I think if btc will go that low xrp will go to the 0.28 usd zone, but not lower than this. If we will touch it will be a GREAT GREAT OPPORTUNITY!!
Ripple has a resistance in the 0.5 zone like you can see from the chart, and i think we will not touch this another time if we will go to 0.28.
If ripple will stay in the 0.4 zone than we will see some resistance in the upper movement in the 0.5 zone, then 0.68 and the real big resistance in the 0.8-0.9 area!
BUT FOR NOW WE NEED TO STAY FOCUS ON A DOWNSIDE MOVEMENT!
This is all for now, have a good day guys, see you later!!
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We're here to share our content for free, support us sometimes :)
ETH: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
BTC: 193KFu1CXmwTcZWusGNv2XCUYQMkZbGevp
DENT: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
LTC: LSYmoADYJYjp2TNQ4zrVScqm42qtM3z1he
BITCOIN CONTINUES BEARISH MOMENTUM: WHAT'S NEXT? hey guys, this is Busywithcrypto team.
Today we continue to speak about btc. Like we said yesterday, bitcoin has went down and now we're ready to test the 6700 region. I think btc will correct a bit when we will arrive in this zone cause if it won't, the crash will be really really hard and bears will have full control on it.
So like we can see our black trend line is properly aligned and btc will touch it in the next days.
We can also see (confirmation of the bearish momentum) like BTC 1d candle touched 7150 and went down really really fast, this can be a good sign to lower lows in the very short term. In the next days will see what happen when we will touch 6700 zone, but a little correction from this zone and then a continuation lower is what BTC will make.
See you in the next update with the levels we will say after the 6700 region!
Bye everybody, have a good day!!
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We're here to share our content for free, support us sometimes :)
ETH: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
BTC: 193KFu1CXmwTcZWusGNv2XCUYQMkZbGevp
DENT: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
LTC: LSYmoADYJYjp2TNQ4zrVScqm42qtM3z1he
DENT, THE REVOLUTION OF THE TELCO INDUSTRY!!ok guys, this is Buywithcrypto team!
Today we want to talk about dent.. we followed dent since september 2017 and we studied the project, the white paper and everything is dent-related.
So start with this one with some consideration:
1) 100B supply: now we have about 10B supply but also 100B circulating supply won't be so much cause dent will be the first crypto used by everybody and 100B will be nothing. the real problem is: will 100B be enough? Then on the supply we need to remember that we will never see 100B supply cause lots of people will hold their dents, lots of companies will hold their dents so we will never see 100B circulating supply.
2) team is selling dents every weeks: YOU NEED TO BE HAPPY WITH THIS, IT MEANS THEY'RE RUNNING A BUSINESS LIKE WE SEE EVERYSINGLE TIME. If you run a company you need to pay salaries, pay exchanges listings, pay the ads, pay the call verification. This is good for us, it means they're running a business.
now with these 2 important considerations we need to stay really calm and know we're in a downtrend/bearish momentum. DENT IS HIGHER THAN WHAT IT WAS IN NOVEMBER/FIRST OF DECEMBER, many many many cryptos are now lower than what they were in novmber/ first of december. you can see the most important two: BTC and ETH.
SO DO NOT BE WORRIED ABOUT THE ACTUAL PRICE, and when it will go up, the prior ate (0.1 usd) will be a far memory.
dent is an 8 decimal token and it will become the most used cryptocurrency, the data industry is 1T NOW, imagine in some years and imagine if dent can catch 10% (and for me is too little cause it will be used worldwide) do your math!!
DENT has great potential, do not miss this opportunity, we will discuss the current price cause all the crypto market is heavily manipulated and the crypto with low trading volume can be easily manipulated. The fact is: if btw remain bearish all the market will.
Have a good day guys,see you later with our baby dent :)
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Like we said, DO NOT BELIEVE THE BULLS WE ARE IN A DOWNTREND!ehi everybody, this is Busywithcrypto team!!
Like we posted yesterday, bitcoin went down another time and now it is going to touch 6700.
we can see this zone in my highlighted zone in green and also because in this zone we have the trend line in black.
When bitcoin will touch the trend line we will need to see where it will go, but we need to remain focus on a downside movement, cause the market need another one and last downside movement.
Like we said, 6700 will be a crucial zone, but now we need to stay focused on that zone, and when bitcoin will arrive there, we will probably make a little correction but then we will go down to our target zone: 5000K zone.
The actual level of manipulation is really really huge so pay attention on day trading.
Have a good day guys.
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BusyWithCrypto is here!! Analyzing BITCOIN... what will happen??Ehi Everybody,
BusyWithCrypto team is here!!
today we will talk about btc.. Like you can see from january we are here in this giant triangle (brown lines). Btc broke this one one time from the downside and then from the upside like we illustrated with the two yellow circles.
As you can see we are in a bearish momentum, we have lower highs and lower lows... we see every single time like everybody when btw goes up 20% are too positive and fall in a bull trap. WE DON'T HAVE TO!!
Like we said every time we are remaining bearish, if you see the monthly rsi you can see like we are not oversold, also in the weekly chart.... institutional investors will not enter with this btw price, they want it goes more more down. as you can see 8500 there was a great reversal.. we think in the next few days we could see some squeeze and we will go a bit up but in the mid long term we are focus on the 6000-5000 area!! remember this! do not get too excited!
In the long term everything is good but in the mid long term we will need to go down another time!
Bye everybody from BusyWithCrypto ;)
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Soon we will go live on our website and we will make video lessons' course and we will make a public and a Private Telegram group!
Enjoy the ride with us:)