When there are instances that when the coin you hold has turned to dumped hard, are you biting that move to panic sell all your coins? Do you feel ease that you sell all your coin when the dump starts? Or feel depressed when you dump your coins and turns out it almost x2 the usual price.
I dont think panicking will makes you feel ease. It is the opposite, panicking will makes you anxious. For me, of course i will be depressed if i selling my coin far below my buying price in the market. when most of others dump the coins in the market, usually i will wait and keep monitoring the market. |
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But some countries are not allowing their peoples to using bitcoin, not all countries allow it.
I think it is not about whether bitcoin allowed or not. Because allowed or not allowed, you still can using bitcoin without being allowed.
Bitcoin have decentralized database around the world, so we can using it although the government prohibit it.
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You may find similar aspects between bitcoin and real gold. Both of them have a great value in the market.
But there are many differences between them too. The gold price is very stable while the bitcoin price is unstable or volatile.
Anyway, they are very valuable because their supply is limited, and the demands is huge.
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Yes you might think this is crazy but the truth is, you are prone to more risk and uncertainties when you hold. All the price instability is actually sustaining with you holding.
The rule of when the price is moving someone is actually gaining or loosing has more effect on those holding coin.
Over the years I have noticed that trading is still the best! Am gonna share a secret with you.
I make 5% daily profit buying and selling, how do I trade?. I buy Bitcoin with cash and sell 5% higher. I do this daily some times I make more when am able to by the coin cheaper than normal.
In 20days of intensive trading, I make 100% profit. Well, am not very rich because I only like to trade with small funds and I do this to take care of my immediate expenses daily so I don't touch my salary at all cos profits from trades takes care if all these.
Comparing to when you hold, Bitcoin cannot rise above 100% in 20days!!! Forget old days rate, today is reality!
Stop holding coins for years months, that's a lazy and ignorant way to invest.
There are lots of ways you can trade, just find a comfortable trade platform with a very very reliable Escrow service and trade to only trusted people.
Thanks, remain safe.
Well, seems like trading is very suitable for you. In this bear market, trading is better than holding indeed. But some peoples choose to not trading because they don't want to take the trading risk in this bear market. So, when the price in the market is low, peoples who loves to hold will buying it and holding it for long. |
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For example, you have some altcoin (in my case it's Metaverse ETP) and you expect it to grow. But in a weak market, this altcoin behaves like bull and you have the opportunity now to sell it and buy an asset that looks weak in the market (for example Qash, Tierion, Nem, Odyssey or Republic Protocol) in order to get the greatest possible profit. Or leave a strong asset and wait for its further growth. What do you think about this?
Well, i think diversification is important to reduce the loss of your investment. If you just focus on 1 cryptocurrency, you will gain much profit if the coin is good in the market indeed, but this is crypto, nothing is 100% certain. Diversify your investment and you will be spared from huge loss in the future due the volatility and uncertainty of cryptocurrency. |
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I am looking for a few recommendations of places where I can go to buy Bitcoin with a credit card and has low fees. Can anyone recommend any good options?
In my country, i can buy bitcoin with my money. Just need to deposit to local exchange and buy bitcoin from them. If you want to buy bitcoin with your credit card, there are some exchange you can use such as changelly. But i don't know about the fees. In my local exchange, the fee is small and doesn't affecting my portfolio too much. |
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Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not?  If we can using bitcoin without internet, it will be good. But i still wondering about the security of bitcoin without internet. In bitcoin network, internet is used for connecting decentralized database around the world. Using bitcoin offline is very handy, but we must consider the security of bitcoin first before that. |
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There is a saying that the road to success is not always smooth.This is just exactly what crypto inves tment portrays. In the business of crypto, uneasy lies the head that wears the crown.The fact that there is a very high level of dip in crypto market currently is not enough reason to conclude that an end has come to crypto.I know that the bearish market situation at present in the crypto world would make many crypto lovers to be having a second thought of relinquishing their ardent commitment to crypto investment since no tangible profit is forthcoming but honestly, that is not the best option.What crypto is going through now is just a bend and not the end . In a short while from now, things will amend for better .This is not yet the end for crypto but rather a bend for something better.
Indeed, if cryptocurrency market is crashing, then it doesn't mean this is the end of cryptocurrency. In history of cryptocurrency value in the market, it was falling countless times but it is not ending. If crypto could end easily, it would end already when it was on the bottom in the past. Some coins that already ended are because they are dead project coins. |
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As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends
(2) Historical volume trends. So, there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.
What is your view about Cryptocurrency price?
The cryptocurrency price itself is unstable, too volatile to predict what will comes in the future. If there is anyone who could predict the price in the market, they would already rich for now. My view about crypto price is, it is very often to fluctuating in the market, making it is harder to become a currency like fiat money. |
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Looks like it doesn't hit below $3000 because bitcoin value has start to increase since last week. If you look at the performance of bitcoin in past years, it was always crashing and later hit the new ATH after some months of correction. If 2018 is not the green year of bitcoin, then in 2019 cryptocurrency will have a correction because the crash. |
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Yeah, it was happening recently. I wonder why electrum wallet can give rich text warning to the users even from the untrusted server.
I read the article, hackers set several servers so they can catch their victim with higher chance.
On the last update of electrum wallet, i read that the hackers cannot pop up the rich text warning anymore. Any update now ?
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Is now at the end of the year a good time to buy or i have to wait for the new year to enter ?
If you look at the history of crypto market from year to year, you will notice the crpyto market will recovered some time after the crash. I think the current price is good to buy some coins which you sure the coin is good and will have a real usage in the future. If you have money to buying coins, why bother to waiting ? What if crypto rising rapidly when entering the new year ? Regret always comes after. |
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Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?
It is not a bad idea, it maybe a good idea for both hunters and ICO companies. In ICO company side, If they paying with bitcoin or eth, they won't worry about the price of their token because the hunters won't dump their token at below ICO price. In bounty hunters side, they will know that they will get a fix reward without worrying about the price of the token they want to sell later. |
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To start with, I’am owner of a small coffee shop and the business goes well now, because we caught the wave in the right time several years ago. Now, ofc crypto will be on the peak, but I’am afraid not in my country yet. We are planning start-up (fast food) and want to stand up from the crowd by adding crypto as a payment method. Who have an experience/ knowledge of such integration, help me please with the process step by step?
No, cryptocurrency is not on the peak now. But if you want to run your business with crypto, you just can use crypto as your payment method without depends on the price right now. If you using bitcoin as your payment, i think you must wait for lightning network to be completed because when your store is crowd with peoples, they need to wait max 10 minute long to confirm the bitcoin transactions. |
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Once its like other stocks, we know that there is a huge chance that the prices will shoot up like crazy. However, after that we will see a lot of stability and this will not be very volatile like now therefore huge up and downs wont be possible and profits will not be huge (Including risks)
Is it correct? can someone please explain how does this works? Is there going be a big commission as well on each trade? is there going to be a margin? I actually dont understand this if someone can shed some light in simple terms. Thanks.
I guess the SEC decision about ETF will affecting the price of cryptocurrency in the market. There is a chance that the price will skyrocketing, but there is a possibility for the price to falling if the ETF rejected. Anyway, although there are several factors that can affecting the crypto price, the SEC decision is the one of the factors. |
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BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.
It will always better to be prepared for the worst possibility than expecting the good things to come. affording to lose your money you used in cryptocurrency is a sign that you are prepared. But i think cryptocurrency is not always worst, it can be in a good or best condition sometimes, it is just a matter of time. |
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In Q3 2018 market is still a blood bath. A lot of people that involved in crypto losing theirs hopes on a quick moon. ICO market is down. But difficulty of mining is growing up. We need more powerful processors, GPU and so on. Mining was created to give ordinary people get some free coins. Another hand big companies joint into monster to dig more digital gold. Simple person is out of this business. To support a node of ethereum you need more space every month and you get no reward. Do you think its fair enough or we need some new architecture to give mining a new life?
No, i think mining is not too profitable anymore unless your electricity is free or you can get free rigs. But you may wonder why peoples still mining crypto ? I guess the answer is because they want to accumulating and storing the coins, not selling it yet. Waiting for the market to recover, and they can sell it later, just consider it is as a savings for now. |
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According to this news https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/The 53rd largest BTC address, 15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA Has been adding +249.999 BTC pretty much daily since Nov 28, 2018 Current Balance: 14,950 BTC ($52,185,839 USD) Holds 0.08578% of all BTC This might suggest that there will be a surge for BTC and other cryptocurrencies? It could be some whales who keep accumulating bitcoin into their wallet in this low price. As long it is not an exchange wallet address, then the coins won't be dumped in near time likely. If some peoples continues accumulating bitcoin in such price, then they will gain much profit if the bull comes. |
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a lot of good news coming in wavesplatform
in the last few days, waves price growing hardly, even rise more than 100% my friend
is this a sign if waves will be the next ethereum ?
Yeah there are some developments in waves network platform recently which is good. The rank of waves in coinmarketcap has rising because of the success development. If waves developer keep developing and delivering its planning accordingly, become the next ethereum is not impossible for waves. |
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I wonder what is the main reason why did the ethereum is on bull run? Is it because of the Constantinople upgrade?
I think it is just a correction occurred in ETH value because it's value has dropped too much this year. But if ETH successful upgrading their network, surely it will affecting the price of ETH in the market. But we cannot conclude it is a bull run yet, because it could be only a small correction. |
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