I think Day trading is for well-experienced traders then the Holder is for beginners in crypto. Day is trading can give you good profits everyday if you're also good in trading and hodl coin also good but you should have potential coins to hodl. Bot are Good but day trading is much profitable for me.
yes you right, daytrading is risky because the price keeps changing quickly and the risk will certainly be bigger than that only experienced traders who have a big chance to profit, if you are still a newbie might be better advised to hold |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
It was very easy to become a trader, just invest a huge amount in the market and you can already trade your coins, but in order to earn a huge amount of profit then you need to study on how the market works because most of the new traders today cant handle the pressure in the market and they will instantly sell their coins when they are panicking. to become a trader is easy you just need capital and enter the market, but to become an expert trader is not easy, need experience, skills, knowledge, patience and so forth. and it's get from of the effort and keep learning, you could just start a trader easily, but the risk would be great because you did not learn firs |
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I think every company has their chances to make their coin, for Google maybe they needed their own token or coin to facilitate their payment service. who knows the future will be, the blockchain technology are grow day by day and it will be use by some giant company.
Yeah you're right every company might have a chance to make their own cryptocurrency, but have you ever imagined if that happened? surely there are many shitcoin in circulation? google may be able to make it, let alone their company has many branches right |
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Crypto will survive just as internet survived. This is just the beginning of greater things to come.
Yeah you're right, I think crypto will continue to live with the internet, because like the internet is the technology of the future, crypto will also be a future requirement just like the internet in the future, so I think crypto will become mainstream and will continue to survive until whenever |
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I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
It is good to have many alternative coins because you got more possibility to have profit because of diversification but the problem is, there are many coins that are usually ending dump. In this problem, the possible solution is to identify the legitimate coins and it is hard considering there are at least 13000 altcoins available. Also, altcoins have no real life use unlike bitcoin and it is just use as money. Yeah I know there are a lot of potential coins in the market, but if you have a lot of coins in exchange, would not that make you confused in the analysis? and of course the risk would be much bigger right? I myself prefer to focus on some coins only, it will be more secure #imo |
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I do not care how much I do about the cost of bitcoin! I think that at the moment there is a stage of accumulation of money, after that as always there is an explosion and growth! I hope that this will happen by the end of the year!
Maybe you do not care about the cost of bitcoin, but other people are concerned about the current low bitcoin prices, they are worried the prices will continue to fall, that's why they can panic, and maybe that keeps prices down, I also hope that prices will go up again maybe it will happen at the end of the year |
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Based on the experience of my fellow colleagues, they are investing on the other areas on the stock market which somehow. If you know how things works on the stock market, so you're in the good journey on it.
if you know that investment and know how to own a potential stock, maybe this investment will be profitable, but I think investing in this stock will be like ico or altcoin investment, sometimes the stock you buy may just go down sharply in price or become a scam |
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The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.
Maybe you should be able to set aside some of your property. Do not everything you invest because it will reduce your risk of losses. Currently BTC prices are falling along with the market because i see the news that in South Korea there are hackers who hacked bitcoin and the price fell to 50%. yeah don't invest too much in high risk, for example by investing a large amount of money in crypto, whereas crypto investment is very risky, maybe you should split your money into safer investments like real estate, gold, property and so on. it will reduce the risk |
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Personally I would choose investing on ICO`s as they can bring high ROI within a short time if you are able to make a good research and find a good project.
I think you need to wait until ico is launching and listed in exchange for a profit and it takes several months right? I think it is not included in the short term? if you want short-term profits then you can try trading. or if you want to be more secure maybe you can try a landing investment |
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It would depend greatly on how the country itself performs. I think China will take the lead on this since they're very much a super power economically. But then again, USA and RUSSIA will also be ahead since they're very good in controlling the market by flooding it with money.
Yes, but till now governments has not announced anything about their own coin development but it is not so simple to develop their own coin because they need to think a lot because it might damage their economic growth. Yeah I think it will also reduce the existence of their local currency right? if they make their own crypto currency, and many people in their country just love crypto, surely the local currency is no longer a lot of interest and could have made inflation or decreased rate in their own local currency? |
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For a crypto to be a mainstream currency, it should be stable and not volatile. A stable currency is required for a strong financial market. Price stability contributes to achieving high levels of economic activity and employment by improving the transparency of the price mechanism.
Volatile cryptos, in my opinion are more good investment assets rather than currency as they give you good chances for profit gains in short period of time.
Many people say that the price should be stable to become a currency because, fluctuations are not suitable for currency, but I dont think so, there is a system where when you receive bitcoin, then it can also be converted directly to fiat according to the existing rate, and it will avoid fluctuations for payment |
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In the current market, I don't think you will find the next Bitcoin. But you might find a project that in the future could make you a lot of profit. Do some research into low market cap projects, that have working products with real use.
I personally like projects Like FantasyGold (FGC), Tradetoken (TIO) and Steem (SBD)
yeah true, I think nobody will be as successful as bitcoin, but you might be able to find potential project and give big advantage to you, or maybe you can find the next ethereum, you can find potential ico with innovative project, do research first to find it |
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yes this dip is great for new people that join cryptocurency at the moment, but a little bit bad for anyone who invested in pump season december 2017 till january 2018. All I have to do is just hold mine, and try not to care with this situation. Just believe everything will be fine in the next future.
and badly I bought it in january, and it was very painful for me because the loss I got was so big I had to lose more than 50%, this dip is fcking great, lots of people panicked about it, and make the market worse, I hope many investors keep it calm down, if you panic just the worse the market |
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Yeah Me too. I experienced that too. I gained so much but it the end I have loss a lot. Maybe you cannot blink of an eye and make watch to market.
Well, it means that you are learning from your mistakes and making those failure as a ground for you to be enlightened, I myself don't let my big losses in life as failure but as a foundation for me to become braver and can handle and face things and challenges in the future. Sometimes people make big losses as a bad thing and doomsday for them, so most people who suffered great losses will feel hopeless, but you should make it a great lesson for you, so that you are stronger and more careful, as it is today, the price decreases very deep, and my money decreased by over 60% but I will not give up, I will continue to hold back and will definitely get big profits |
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To thus who hate bitcoin I think they are a victim of a ponzi scheme scam using bitcoin. Bitcoin itself is not a scam it is a cryptocurrency, study first about bitcoin before you hate it.
Lol I think it's just speculation from haters right? even bitcoin system is very different with ponzi, no reset, no scam, and so forth. pure bitcoin as currency and investment commodities that have fluctuating prices, but that fluctuation does not mean it is a ponzi system |
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Better than "sell bitcoins, buy alts". Sometimes it is so hard to.trust alts (im not saying most, some of it) due to some negative issue like the pump and dump alts and in the end you have nothing. Or just simply sone of the are fakes, giving tou a nice project with their very interesting roadmap and in the end they will have your money. Maybe this idea is not that bad afterall, but peole.still have their own strategy regarding this matter.
I agree, bitcoin is so popular than altcoin and other people think thar having bitcoin is greater than having altcoin, but for me I'd rather to buy altcoin while having bitcoin than put all my money in bitcoin. Agree I also prefer to divide the funds into some investments because it will add profits. I will not sell all my altcoin and then just invest in bitcoin only, i will split my funds dan not on bitcoin alone but other investment including altcoin, so the profit i will get is bigger |
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I think that the long-term holding strategy doesn't involve as many risks as the daily trading. It is more profitable and perspective. I think that this is the best way to earn money. I give preference to the long-term hold of btc
Yeah in a long-term investment you do not need a special strategy because all you need is patience, otherwise the risk would be much smaller if you compare it with a big risk in daytrading, otherwise the profits would be bigger, because you're waiting for the highest price |
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Don't you think price blast not correlate with its real life usage since its inception?
Its hoarded for speculative purpose but how many major cities in the world have even its ATM?
I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?
Who will accept it in store when confirmation time is so long.
here in the phillipines we can use bitcoin to buy things that we like and pay bills in goverment and private, I myself use bitcoin to pay for my electric bills. If we can do it here in the phillippines why can't other countries do it also. wow nice, actually in my country can also do that, but need third party help, you can use third party application then do shopping wherever and pay need or bills with bitcoin, with the help of third party application, hopefully in the coming year, we can spend directly using crypto or bitcoin |
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I recommend not to remember and let your strategy run well.
look at the supply of coins and prepare your plan. Long-term trading will probably give you big profits.
Today's market is down, we're losing money, so be careful, do not risk too risky, take a look today, do not buy BTC and ETh with expensive. Maybe we will lose money. Do not panic, you are not even alone. do not waste your money by selling your coins, this is the emotion to be controlled. it's time you relax with your trade, Panic selling is not a good idea why? Because the market are in red blooded situation and losing 50% of your capital is a huge amount make sure you know the coin that you buy if this have a potential to grow all you can do if the market start to falling down is to wait dont do any wrong move that cause losing your money. I think panic selling may be detrimental to you, because you're doing it without a careful calculation, I know a lot of people are losing money because of the continuing weakening market situation, but that does not mean you have to sell and lose money? You have to hold and be sure the price will go up |
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From my own personal opinion, if you have read the old and traditional way of earning, it was called barter trading. Since then our ancestors trade their goods for something they need and want. That is when the government decided to print and create money in exchange of every service and goods you take. That is what i have read something about old economic system.
yeah it's a traditional financial system in the past decades, but in some areas of my country it's still preserving this barter system, but I think this barter system could be detrimental because you might trade it for a lower item, then government make money/currency with a certain rate to make it easier |
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