What will happen to Bitcoin in 2019.
Bitcoin’s victorious ascent ended a year ago; at the end of 2017, the cryptocurrency reached its peak of $19,000 and fell to the bottom.
The resumption of growth was not helped by bold forecasts that the real price of Bitcoin was $100 thousand; within a year, Bitcoin fell to $3,000.
Currently, the price has stabilized at around $4,000 per unit of cryptocurrency and has remained virtually unchanged for two months.
The situation is quite ambiguous for those who are used to making money on the growth of this asset; a flat always ends in growth or decline.
Therefore, most investors are concerned about the question of what will happen next with Bitcoin in 2019, is it worth investing in this currency or is it better to choose another object for investment?
Prospects for Bitcoin in 2019.
You can talk a lot about capitalization, which by the way dropped significantly after the exchange rate collapse, and other abstract concepts, but the fact remains that it is unlikely that this cryptocurrency will be able to regain its former popularity.
So far, there are no prerequisites for its growth, and investors lost so much money during the last collapse that it will take a lot of time and a long upward trend to regain confidence.
Many analysts note the opposite correlation Bitcoin with gold, that is, if the price of gold rises, then the crypto currency falls or, at best, remains in place.
At the moment, gold still has growth prospects, at least for 2019. Therefore, those who invested in gold after the fall of Bitcoin are not yet going to sell it and invest money in other assets, including Bitcoin.
Is everything so sad and is it possible to make money on Bitcoin in 2019?
It is possible, but only if you use the exchange approach, that is, do not buy bitcoin into your wallet, but open transactions through the trader’s terminal.
At the moment, the situation is more conducive to successful trading than ever before; a protracted flat should end sooner or later, and a dynamic trend will follow.
Those who have been watching Bitcoin for a long time do not need to be told how much this cryptocurrency can go in just a few days.
The earning scheme itself is as simple as possible:
• Open an account with one of the brokers that works with cryptocurrencies - http://time-forex.com/kriptovaluty/brokery-kriptovalut
• Download the trading terminal from the website of the selected broker.
• Find Bitcoin in the specification and add its graph. How to do this is described here - http://time-forex.com/vopros/dobawit-aktiw
• We place two pending orders - one to buy at a level above $4,000, the second to sell below $3,700.
• Stop orders - Take profit in the amount of $300-400 from the current price.
Stop loss around $100. Once the trade approaches the planned profit, the stop can be placed, thereby fixing the result and increasing the potential profit. It should be borne in mind that the recommendations are given taking into account the current price of $3,800 per 1 bitcoin; if the situation changes, then the order indicators will need to be changed accordingly.
It is unknown how long the flat will last, so try not to miss this opportunity to make money, because such a situation is not always present on the market.
It will also be useful for you to know:
- Important points in cryptocurrency trading - http://time-forex.com/kriptovaluty/moment-treyding
- Online platform for crypto - http://time-forex.com/sovet/platform-kripto
- Advisor for Bitcoin - http://time-forex.com/sovetniki/st-bitkoin