#cryptomento

[chriscrypto]

𝐆𝐫𝐞𝐚𝐭 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐬𝐭𝐚𝐫𝐭 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐭𝐡𝐞 𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐜𝐡𝐚𝐧𝐠𝐞 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝, 𝐧𝐨𝐭 𝐦𝐚𝐤𝐞 𝐚 𝐟𝐚𝐬𝐭 𝐛𝐮𝐜𝐤. 𝟗𝟕% 𝐨𝐟 𝐭𝐡𝐞 𝐩𝐞𝐨𝐩𝐥𝐞 𝐰𝐡𝐨 𝐪𝐮𝐢𝐭 𝐭𝐨𝐨 𝐬𝐨𝐨𝐧 𝐚𝐫𝐞 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝟑% 𝐰𝐡𝐨 𝐧𝐞𝐯𝐞𝐫 𝐠𝐚𝐯𝐞 𝐮𝐩.

𝑶𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒚 𝒊𝒔 𝒎𝒊𝒔𝒔𝒆𝒅 𝒃𝒚 𝒎𝒐𝒔𝒕 𝒑𝒆𝒐𝒑𝒍𝒆 𝒃𝒆𝒄𝒂𝒖𝒔𝒆 𝒊𝒕 𝒊𝒔 𝒅𝒓𝒆𝒔𝒔𝒆𝒅 𝒊𝒏 𝒐𝒗𝒆𝒓𝒂𝒍𝒍𝒔 𝒂𝒏𝒅 𝒍𝒐𝒐𝒌𝒔 𝒍𝒊𝒌𝒆 𝒘𝒐𝒓𝒌. 𝑰 𝒃𝒆𝒍𝒊𝒆𝒗𝒆 𝒕𝒉𝒂𝒕 𝒆𝒗𝒆𝒓𝒚 𝒓𝒊𝒈𝒉𝒕 𝒊𝒎𝒑𝒍𝒊𝒆𝒔 𝒂 𝒓𝒆𝒔𝒑𝒐𝒏𝒔𝒊𝒃𝒊𝒍𝒊𝒕𝒚; 𝒆𝒗𝒆𝒓𝒚 𝒐𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒚 𝒂𝒏 𝒐𝒃𝒍𝒊𝒈𝒂𝒕𝒊𝒐𝒏 𝒆𝒗𝒆𝒓𝒚 𝒑𝒐𝒔𝒔𝒆𝒔𝒔𝒊𝒐𝒏.𝑩𝒆 𝒖𝒏𝒊𝒒𝒖𝒆 𝒂𝒏𝒅 𝒈𝒓𝒂𝒃 𝒕𝒉𝒆 𝒐𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒚.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐃𝐌 𝐦𝐞!

𝐓𝐰𝐢𝐭𝐭𝐞𝐫: https://twitter.com/Chris_crypto01

𝐓𝐞𝐥𝐞𝐠𝐫𝐚𝐦: https://t.me/Chris_Tyson01

[cryptswahili]

Bitcoin Bottom Doesn’t Matter, Last Time General Population Can Afford Entire BTC

Bitcoin (BTC) has been pitched as peer-to-peer electronic cash, a store of value, a disruptor of traditional financial instruments, and a way to free the world from the shackles of the government’s control over current fiat monetary system.

Given its potential to change the world as we know it, much like the Internet did over the last two decades, does finding Bitcoin’s bottom really matter? According to some crypto analysts, the bottom doesn’t matter at all, and the current low prices could present the last opportunity for the general population to purchase an entire BTC.

Crypto Analyst: Catching Bitcoin Bottom Doesn’t Matter

Crypto investors everywhere are paying extra close attention to charts, market sentiment, and more, hoping to perfectly catch the “bottom” of the current bear market. However, given Bitcoin’s considerable potential and how rapidly the price does rise during a bull run, timing the bottom really doesn’t matter, and could cause investors to miss out on current prices.

Popular crypto analyst CryptoMento puts little weight into timing the bottom and offered up some price figures that put his comments into perspective.

LET’S JUST SAY$BTC Bottom = $2,000$BTC by 2025 = $100,000#BTC Current Price = $3,600

Does it really matter if you catch the bottom?

—

MΞNTO (@CryptoMento) February 9, 2019

Bitcoin is currently trading at around $3,600 after a powerful bounce near the 200-week moving average and a breakout of a falling wedge formation, but the most recent bottom is around $3,150. Even at the current price $3,600, should Bitcoin fall to $2,000 as noted in the analyst’s example, if it does eventually reach prices of $100,000 or more as many believe, the difference between buying now and later will be a mere $1,600 of lost profit.

If Bitcoin should rapidly rebound from here, not buying at the current prices could prove to be far more costly.

Related Reading | Crypto Analyst Expects Strong Bitcoin Bounce, Monthly MACD Signals Bottom

It’s also worth noting that when Bitcoin reached its all-time high price of $20,000, crypto community members everywhere spoke of the regret they felt not buying into BTC a lot cheaper. Now that they’ve got the chance to do so, the current fear-driven market sentiment is preventing the from stomaching the risk. However, now might be the last time the general public can afford to own an entire BTC.

Crypto Investor: Last Time The Public Can Afford to Buy An Entire BTC

Another common complaint by crypto investors around Bitcoin’s peak, and part of why investors flocked to altcoins in a big way, was due to many investors being unable to afford a full BTC at $10,000 or more.

Fiat currencies have trained people to feel more comfortable with whole numbers. Change is often thrown away, or donated as a tip due to this. It’s also the reason why owning 0.01 BTC is far less appealing than say owning 1,000 XRP, regardless of perceived value.

At the current prices, Bitcoin is affordable for the general public interested in owning a full coin. But it may be their last chance, according to crypto trader, investor, and advisor Josh Rager.

This "could be" the last time the general population can afford to buy an entire $BTC

After 2021 – Bitcoin could move to a market price where most will only buy fractions

Global income per household is debatable, regardless, $BTC speculative value could be out of reach for most pic.twitter.com/GrmepQyNPp

— Josh Rager

(@Josh_Rager) February 11, 2019

Rager shared a chart via Twitter that demonstrated the path Bitcoin’s price may take next. “After 2021” he suggests, Bitcoin “could” move to a price where the average person will likely only be able to afford to own a fraction of the cryptocurrency.

Related Reading | From $20K to $3K and Back: How Bitcoin Price Counters Sentiment

Should Bitcoin achieve the price that Rager believes in the coming years, timing that Bitcoin bottom really doesn’t matter, and the general population should buy Bitcoin at the current prices, or risk never again being able to afford an entire BTC.

The post Bitcoin Bottom Doesn’t Matter, Last Time General Population Can Afford Entire BTC appeared first on NewsBTC.

[Telegram Channel | Original Article ]

[brettzjacksonblog]

Bitcoin Bottom Doesn’t Matter, Last Time General Population Can Afford Entire BTC

Bitcoin (BTC) has been pitched as peer-to-peer electronic cash, a store of value, a disruptor of traditional financial instruments, and a way to free the world from the shackles of the government’s control over current fiat monetary system.

Given its potential to change the world as we know it, much like the Internet did over the last two decades, does finding Bitcoin’s bottom really matter? According to some crypto analysts, the bottom doesn’t matter at all, and the current low prices could present the last opportunity for the general population to purchase an entire BTC.

Crypto Analyst: Catching Bitcoin Bottom Doesn’t Matter

Crypto investors everywhere are paying extra close attention to charts, market sentiment, and more, hoping to perfectly catch the “bottom” of the current bear market. However, given Bitcoin’s considerable potential and how rapidly the price does rise during a bull run, timing the bottom really doesn’t matter, and could cause investors to miss out on current prices.

Popular crypto analyst CryptoMento puts little weight into timing the bottom and offered up some price figures that put his comments into perspective.

LET’S JUST SAY$BTC Bottom = $2,000$BTC by 2025 = $100,000#BTC Current Price = $3,600

Does it really matter if you catch the bottom?

—

IFTTT

[joshuajacksonlyblog]

Bitcoin Bottom Doesn’t Matter, Last Time General Population Can Afford Entire BTC

Bitcoin (BTC) has been pitched as peer-to-peer electronic cash, a store of value, a disruptor of traditional financial instruments, and a way to free the world from the shackles of the government’s control over current fiat monetary system.

Given its potential to change the world as we know it, much like the Internet did over the last two decades, does finding Bitcoin’s bottom really matter? According to some crypto analysts, the bottom doesn’t matter at all, and the current low prices could present the last opportunity for the general population to purchase an entire BTC.

Crypto Analyst: Catching Bitcoin Bottom Doesn’t Matter

Crypto investors everywhere are paying extra close attention to charts, market sentiment, and more, hoping to perfectly catch the “bottom” of the current bear market. However, given Bitcoin’s considerable potential and how rapidly the price does rise during a bull run, timing the bottom really doesn’t matter, and could cause investors to miss out on current prices.

Popular crypto analyst CryptoMento puts little weight into timing the bottom and offered up some price figures that put his comments into perspective.

LET’S JUST SAY$BTC Bottom = $2,000$BTC by 2025 = $100,000#BTC Current Price = $3,600

Does it really matter if you catch the bottom?

—

IFTTT

[michaelbennettcrypto]

Bitcoin Bottom Doesn’t Matter, Last Time General Population Can Afford Entire BTC

Bitcoin (BTC) has been pitched as peer-to-peer electronic cash, a store of value, a disruptor of traditional financial instruments, and a way to free the world from the shackles of the government’s control over current fiat monetary system.

Given its potential to change the world as we know it, much like the Internet did over the last two decades, does finding Bitcoin’s bottom really matter? According to some crypto analysts, the bottom doesn’t matter at all, and the current low prices could present the last opportunity for the general population to purchase an entire BTC.

Crypto Analyst: Catching Bitcoin Bottom Doesn’t Matter

Crypto investors everywhere are paying extra close attention to charts, market sentiment, and more, hoping to perfectly catch the “bottom” of the current bear market. However, given Bitcoin’s considerable potential and how rapidly the price does rise during a bull run, timing the bottom really doesn’t matter, and could cause investors to miss out on current prices.

Popular crypto analyst CryptoMento puts little weight into timing the bottom and offered up some price figures that put his comments into perspective.

LET’S JUST SAY$BTC Bottom = $2,000$BTC by 2025 = $100,000#BTC Current Price = $3,600

Does it really matter if you catch the bottom?

—

IFTTT

[jacobhinkley]

Tron [TRX] almost tripped just before the finish line, recovered with CoinTiger

Tron [TRX] is almost on the verge of token migration from ERC-20 to TRX with an all-new blockchain ready to take over and bring in a new revolution while eliminating the dependency of Ethereum blockchain or tokens. On the other hand, TRX was an underperformer in the market with an excuse of overall decline with most of the other coins displaying similar behavior.

Standing strong at the 9th position for a quite a long time, TRX dropped down by one position for few hours not being able to sustain a major price dip. Still a part of the top, TRX was noticeably the biggest loser in the top 20 with an overall 24.92% crash over the week. It had continued to slide further down despite some observed greens in the rest of the market. A further 9% fall, also the biggest drop in the top 20 since yesterday, and a reduction in the market cap to $3.93 billion had pulled the token down to the 10th position.

The team and the founder continue to announce new activities and exchanges extending hands to support the big launch and one such was the announcement by CoinTiger, another exchange added to the list of the older ones who have expressed full support for the migration and technology transformation that Tron will undergo within few days.

With a disappointing negative figure all along, the fresh support from CoinTiger seems to have done a fair job as TRX witnessed a sudden rise of 7.23% placing it back to the 9th position safely. The market cap shot up to $4.2 billion as the prices surged high, currently trading at $0.064.

CryptoMento, a Twitterati commented earlier:

“Why I’m not worried about $TRX: 1: Mainnet in 4 days 2: Potential Coinbase / Big exchange listing 3: Potential Alibaba partnership announcement after mainnet 4: @justinsuntron set to aquire BiTorrent 5: Over 100 employees many which came from Amazon & Alibaba.”

The post Tron [TRX] almost tripped just before the finish line, recovered with CoinTiger appeared first on AMBCrypto.

Tron [TRX] almost tripped just before the finish line, recovered with CoinTiger published first on https://medium.com/@smartoptions