Challenges in investing in small capital are surely no guarantee . but if you start a small capital, it will not be too much to lose for you. It is also possible that small capital will have a huge income. depending on the trend . Or if you want to increase your money , find other option .
Investments comes with risky and the profits will be based on our capital invested and no matter of small or big investments there is always risk involved in crypto investments.And there are many kinds of investments aailable incrypto like mining,trading and lending and the profits will change to each investments. |
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If the OP is still looking for the site which uses bitcoin for gambling then bustadice can be the best option for dice gambling where the only supported crypto is bitcoins and easy interface will give easy to play even if you are new.You can find the link to the site by clicking my signature.
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Bitcoin is already a global currency we can use it anywhere and most of the countries have exchanges where you can convert bitcoins into fiat but the adoption of bitcoin as a currency is very slow because we just see bitcoins as trading material so we never can use it as a currency.
Governments are also try to understand the importance of crypto currencies and making regulations for bitcoin usage so it is a sign that it will be a global currency legally.
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As much as the market is so unpredictable, I am still optimistic that Bitcoin would reach $20k to $25k at the end of 2018. Just like last year, from $1k it reached $20k before falling down to $5,700 until it goes back up again slowly. The 2018 Consensus event in NYC have failed to make the Bitcoin rise even more despite more than 7,000 attendees compare before. Due to regulation clarity issues, I think that is one reason, however, when things finally clarified, expect the market will rise again.
But now the conditions are totally different from 2017 because lot of countries are now thinking about crypto usage in their country so their country people are still hesitate to invest on crypto currencies which made the growth slower and now lot of short time investors who using bitcoins for bump and dump so we need more long time holders to reach that price of $20K above. |
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Could anyone help to analyse what's the impact to crypto market if we meet global crisis again this year or next year? In the situation that the crisis will be even larger than 2008.
As is known in 2008, the global economy meets liquidity problem, hedge funds and banks sold their positions to get money.
So if we meet crisis, shall we assume that these institutions/individuals will get money back from crypto market first?
If there is crisis in the whole financial market then it will affect crypto currencies too but as fiat survived it then the crypto also will survive it.But the crypto currencies are decentralized so it all depends on the investors who react if there is down fall in the finance system,if they continue to hols then it will have no effect on the crypto field. |
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Can i trust on etherium project
I want to hold it for long term 5-10 years
Yes it is one of the future coins so you can hold it for longer term to earn more profits.But don't put all your money in one coin especially for longer terms like five years.so ethereum is worth to hold for five years and the price will be in moon in my opinion.But don't forget to include bitcoins in longer term portfolio. |
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Whats the most trustworthy instant crypto-to-crypto exchange at the moment, are shapeshift, changelly any good still ?
I don't think any exchange providing instant trnsactions as far as I vae used it takes few minutes to covert bitcoins into others but in most of the exchange converting other coins into bitcoins almost instant.But shapeshift is not instant it takes few hours and the prices are also ot great in there. |
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The crypto currency prices are falling it doesn't means the market is falling,the price dumps are caused by various reasons like regulations,manipulations panic selling and mainly due to the short term investors who uses bitcoins as bump and dump coins.But soon the prices will rise again because it happened in the past too so hold your bitcoins and buy more if you can.
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Some countries have already banned cryptos. But i am not sure behind the reasons. Could you please share your thoughts on the reasons of banning cryptos?
Regards
Some countries think that the crypto currencies will make their national currency to fall so they don't want that to happen that is the reason they are banning and shutting down the exchanges.And other reasons are the it can be used for illegal activities and money laundering. |
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Recently, bloomberg and some other cryptocurrency media channel published a news that they have information from the sources in indian govt. that government is planning to apply 18% GST on bitcoin purchasing.
it means people are still buying and trading on cryptocurrencies in india and it is in knowledge of indian govt.
so the govt. is now wants earn from the bitcoin buy sell,
another point of concern is that if the govt. apply the GST on bitcoin buying then to the indian people it would be paying double tax while trading, once when they are buying and later when selling as incometax,
so what do you think, being hard on cryptocurrency trading, now govt. looking for taxation on buying of cryptocurrencies, is it possible in coming time gov. may lift the ban on cryptocurrencies in india?
Governments don't care about the citizen all they want is that revenue for the governments and all those taxes are going to the politicians pockets not to the countries growth.Already there were lot of revolution against the currency central government of India and in 2019 they have the common election in India so until that they won't impose any taxes I think or if they o then it will be disadvantage for them to win in the election. |
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I agree with the idea that those legal gambling places or huge casinos that can contribute to governments taxes. Aside from this the only positive thing it gives me is money, rarely give me money. Honestly, im more prone to lost than to win. I can consider entertainment because i usually gamble specially when im bored.
Gambling really contribute in one economy especially when those giants casinos paying the correct taxes which I think is still possible. There's a good benefits of gambling but if you told it to other people they will see negative things on that. Gambling is a way to entertain yourself while there is a money involve, make sure you understand the risk of it. It does help the government when they get the tax being paid by this casinos if assumed they pay correctly. It is a great source of revenue as people form other countries will also come to gamble like for example Macau where majority of the income of government comes from the taxes collected from casinos only. But I don't think most of the gambling owners will pay taxes correctly to the governments so it will not be considered as a big benfit.But gambling can gives us a chance to make easy money if we are lucky enough which is the most beneficial thing from betting. |
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Clearly, bitcoin has enormous strength and Bitcoin can control market crypto. Altcoin does not currently have a good market share, although there is an Etherum that has a very good market share but other Altcoin does not show a stable movement and also positive. So for now I think that Bitcoin is superior to Altcoin.
Bitcoin still got the dominance and it will be forever because we can see the market is responding according to the price of bitcoin so bitcoin have the big part in crypto field.BUt altcoins are also indeed if there is bitcoin is the only crypto currency then it will be never usable for why it was invented because of too much expensiveness. |
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Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
This can be a proof that crypto currency market how much depends on the bitcoin's growth.The prices falling because most people will get panic while the bitcoin prices falls and also withdraw their money from altcoins too.But all the crypto currencies prices depends on its supply and demand only. |
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I don't suggest anyone to do this just for a quick money because bitcoin is the better currency of all the crypto currencies so don't lose it for cheap profits.And even ethereum price moving according to the bitcoin price movements so you can't make any big profits from converting your bitcoins into ethereum.
many people wanted to have some quick money and this is what they have to do with but seeing what could be the negative result of it they cant see it so at the end if the bitcoin price rise again they may have some regret. Yes most of the times the whole crypto currency will dump when the price of bitcoin is falling so converting our bitcoin into altcoins is not a good choice.But who want to earn money from bitcoins in short time they still can do by short term trading because the price volatility of bitcoin is high too. |
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I don't suggest anyone to do this just for a quick money because bitcoin is the better currency of all the crypto currencies so don't lose it for cheap profits.And even ethereum price moving according to the bitcoin price movements so you can't make any big profits from converting your bitcoins into ethereum.
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I always buy ico coins, I hope, ico coins that I buy will rise in its price in the market, but, after entering the market, its prices are getting down, ico coins that I buy are:
1. storiqa
2. dimcoin
3. atbcoin
three ico coins that make me lose, I want to ask, do you often buy ico coins, whether you lose or gain?
Most of the coins will lose its value after the ICO because of no development from the project team so you need to invest on the good project with reputed project development team then only it will have high value in the future.But ICOs are always risky so don't invest more if you can't afford to lose any money. |
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Actually you do not need to bother to start trading because small capital can be utilized for the learning process so you try to make a profit every time and can add big capital when already know the procedure of investing good and true.
If start the minimum amount invest the the trading process. First you know the trading process. So just wait for the some week and follow the all coin price list in the market place. Then easy to choose the best coin for trading process. It change your life. So this information help to start the trading. Most of the people choose the trading process. People will be get the more information from trading process. It good future saving. Trading will not suit for everyone so it will be better to start trading in trial basis with small capital and can increase the amount when he got enough experience with it.Crypto trading is also like gambling we have to depend main on our luck to become successful.OP there is no minimum amount you just stat trading with your desired money and it must be affordable for you to lose. |
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While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.
Everyone is greedy here all want to become in short time without any work but we need to a smart worker to become a millionaire.Yes we need to control our emotions while trading and also the panic selling which causes lot of failure for many traders.But trading is like a gambling so we can't do much to become successful but we never lost anythig until we sell them so holding can be an option when the prices are falling. |
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I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.
Merit will be highly appreciated if you found the post helpful.
I don't think the prices of crypto currencies fall every wekkends because most of the crypto related people are working in all days because everyone want to make money and we can still do investment of crypto currencies at the weekend time because it is just an easy task to do. |
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Yes, we all have seen some kind of drastic price fall from last few days. As a feature of financial instrument I think this is not so unnatural. And so I do believe it will be back shortly. Your opinion will be highly appreciated.
This is mot the first time that these kind of price fall happening with the crypto currencies but now it looks unnatural because of the amount looks huge but when we compare it in terms of percentage it was happened earlier too.yes these are just temporary so the prices will rise again sooner so keep holding your coins to make more benefits. |
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