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It makes sense to invest in bitcoins now, since the current price of bitcoins is not $7,500, and I believe there will be higher profits in the next few months.
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I don't think the market needs two years to fix it. Now the blockchain technology is very hot, and more and more people will join in the cryptocurrency. I believe the market will recover in the second half of this year.
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In my country, it's easy to deal with, as long as we sell our bitcoins through the trading platform, and then convert it into French currency. There is little to pay for the transaction platform.
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The economic crisis is not caused by bitcoin, but by the existing economic system. Bitcoin is only a stable and unfalsifiable account, and the final problem is the economy itself.
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Anything is going to be eliminated, and bitcoin is no exception. So far BTC has been the king of cryptocurrency, but I believe that with the development of technology there will be another coin that will be more than BTC and can even replace it. It is only a matter of time.
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Although China has banned cryptocurrency, the Chinese are very interested in investing in bitcoin. China's dictatorship does not affect people's enthusiasm for bitcoin.
I believe bitcoin has a bright future.
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Share your personal bitcoin strategies during unstable market conditions, on how you were able to minimize your losses or even made gains maybe we can share other personal strategies here on how you maintain your porfolio's balance in a good scale. I'm not a TA person so my personal experience is all based on fundamentals.
1. I sold all my shit coins and convert them to btc.
2. I do a daily or weekly trades based on fundamentals and news on my alts holdings.
3. I joined more bounty campaigns and sold 100% most of them and convert to bitcoins then fiat.
4. Everytime bitcoin drops ( again my personal strategy) i used all the fiat from my bounties to buy bitcoin then sold them once it hits (10%) gain.
5. I keep on repeating this strategy and noticed that i really survive the downtrend even i didn't not sold my initial btc balance to fiat.
I know there are lots of very technical guys here who managed to survive by selling their bitcoins to fiat and eventually buying during lows. I shared this just to inspired those newbies who are not comfortable in converting their btc to fiat ( as sometimes makes us to loss more ). There are lots of good strategies to maintain our porfolio's balance which does not required extra money from our pocket but only requires more effort. I look forward to learn more good strategies here by sharing your own, Thanks in advance and Godbless to all of us!!!
For me, my strategy is to forget it when the market falls. Wait for the market to recover and sell it at a price higher than the purchase price. |
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Panic selling is a big mistake, you can wait, not sell panic selling.
Today is a good time to buy, because the market has been falling for two days in a row.
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In the password world only transactions can quickly become rich.
But you need to have a certain talent and be able to balance the purchase and sale of COINS because trading is not an easy thing to do.
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The steady influence of bitcoin in developing markets such as Africa or South America has played a crucial role in helping to support the development of its financial system. These include Kenya, Nigeria and Zimbabwe in Africa and venezuela in South America.
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The impact of bitcoin, which is not subject to the government's control over the existing system, will be profound.
Governments are controlling and protecting their interests, and some governments can do something to prevent people from openly using bitcoin.
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Investing in bitcoin is your best bet, since cryptocurrency has grown into an industry.
Investing in bitcoin will make you more profitable.
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If the market continues to be red, you can buy COINS at a low price, and you'll get higher returns when the market goes up again.
So don't panic when the market is red. It's time to buy.
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I will always support ETH, it is a very good project, many projects are based on their platform.
In a word, ETH is one of the most noteworthy altcoins, and compared with other COINS, Ethereum has proved to be quite valuable after bitcoin.
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Yes I'm very recognized your ideas, the earlier the more investment COINS can obtain more profits, is now the currency of the price is $9500, is 10 times as much as a year ago, I find it hard to imagine if at such a speed development in the future 5-10 years the price of the currency.
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1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
Yes, these are indeed many rookie mistakes. If you forget your password, you will lose your bitcoin forever. Also, don't put COINS on exchanges when you're not trading, because exchanges are the target of all hackers. |
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I also like the bounty task, thank you for the thread.
You can get a profit from a bounty of facebook, translation, signing camps, and others. If you rank high, you will reap huge profits.
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Hey guyz
I am complete noob in crypto. I need to know what is a blockchain? How to use it and what if it goes offline? What affects it will occur on bitcoin.
I have tried understanding it but it looks very complex There may be a simpler way to understand it guys
Thanks for the help
Block chain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. The so-called consensus mechanism is a mathematical algorithm for building trust and obtaining equity between different nodes in the block chain system. |
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This is good news for anyone who believes in cryptocurrencies, and many big investors will be involved in cryptocurrencies, which will help the market become stronger.
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People agree to pay taxes and also enjoy the services of the government.
The key problem is that the tax burden must be linked to the quantity and quality of government services, that is, the tax increase and decrease must be judged by the government services enjoyed by the taxpayer.
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