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Im not saying it will. Im just saying a big if, if it stays based on current trajectory then mathematics says it will reach 1mil by 2027 give or take. Everything starts out small. It may one day not be widely used currency but it is still an excellent hedge against fiat.

Amazon did not become Amazon till it became big. Everything starts out from something. Launching a coin is probably easy (I don't have IT background so I wouldn't know), but whether the coin has value is another thing. Since most miners are mining bitcoin and it has the longest and most robust...

It will be more stable once its widely used and reached something like a million. Something this early cannot be stable because market cap is so small it can be easily manipulated. Also funny how you talk about currencies, yet Venezuelans are hungrily buying bitcoin to hedge against their...

Lets say you have stock A, stock A doesn't generate any buy or sell signals but you are eyeing at another stock B which seems to be close to breaking out. Will you sell stock A and buy stock B? Just wondering if any one will "break" their trading rule or if they strictly follow buy/sell...

As I said, if that happens then adjust a wider stop loss.

The holy grail in terms of maximum returns is trend trading but it can be very volatile. For consistent returns its just scalping or swing trading support and resistance. It really is that simple. But of course, easy to pickup but difficult to master the nuances.

As much as I hate to say it. Most things in life follows the 10/90 golden ratio. The ratio doesn't have to be exactly 10/90, but the basic principle is that the best few makes almost everything while the rest makes peanuts. This is prevalent in everywhere not only trading. The CEO makes...

My data tells me bitcoin can appreciate a lot more than 20k. In fact it is poise to hit 1 million sooner than you think. I would estimate somewhere in 2027. 100k would be breached by 2021 (Disclaimer: This is if it follows its current trajectory, not financial advice) While it isn't "early...

You did not see the drop because the 90% drop is like a blip in the radar when compared to amazon future gains. Now imagine bitcoin's 2018 crash is amazon's 90% drop and you can see why it has the potential to appreciate a lot more. This also defeats your earlier tirade about how bitcoin is...

If dividends are not included, trading is largely a zero sum game. Someone else's profits is someone else losses. So saying that 99% profit isn't realized or majority loss money is just clueless because those must profits goes to someone else's pockets. Also, AMZN did crash more than 90% during...

Well...Theres so many advantages of bitcoin compared to gold. Bitcoin is easily transferable and divisible. It is scarce and very limited. Bitcoin market cap is tiny compared to gold so theres alot of gains to be made if you compare each other. By the way, If all the world's power goes out it...

The best stop loss is just under strong support. (From reading the candlesticks), as tight as possible but not touching is best. Since prices can be dynamic if it hits and bounce back then you have to adjust a wider stoploss. Rinse and repeat.

Look at where is previous support from the chart before the breakout. Put stoploss under there. I will try to get in a breakout asap but I wont chase if the % increase from the breakout goes higher than say a certain %. Alternatively, you can wait for a pullback to the point where the...

How likely is all the world's power going out all at once? If that happens we have bigger things to worry.

Haha. Amazon has fallen 90+% in its early days before? Bitcoin 2018 is like AMZN in the dotcom bubble..only bigger and better. It is prime to overtake AMZN in the future. You talking about the losses but what about the gains? From 15cent a coin in its early days to almost 4k as of writing.

I wont compare bitcoin to stocks because it acts more like a currency or a store of value like gold.

That's the worst case scenario. Since you need at least $30 billion ++ to coordinate such an attack. Very very few people have the capability to do it or will risk doing so and face prosecution when they are already billionaires in the first place. You seem to be super persimistic. Anything can...

Since its decentralized. The only way for hackers to hack is to double spend (51% attack). For smaller coins this is a problem but for bitcoin very unlikely will happen as you need a single party of control 51% of bitcoins.

If you remove USDT. BTC prices will shoot to the moon. Since the most common USDT pairing is BTC/USDT pairing. This has happened in a minor way before. Nasdaq is largely traded in USA. Crypto is worldwide and 24/7. Nasdaq at its peak was worth like 20 trillion inflation adjusted. Whole crypto...

No, I did not buy it at 200. Did I even say I bought at 200? I do necessarily not have a share of a stock or coin for it to be a good investment.