It has been quite stable after finishing almost half of the year and stays from $8.5K to $8.8K better than $6k last quarter. I guess it would be going upward for the next month. The last months becomes rough for us and eliminates half of the weak hearts who panic sell on the drop. Now its time for the market to recover and earn our lost profit.

Social media and internet contribute a lot on influenzing people given the fact that cryptocurrency lies between the internet. So if someone posted some misleading info about crypto using legit sites, im sure a lot of people especially newbies are getting hooked to it. Think about the only reference they had, the internet , and still not reliable enough. What else would they get their reference into ?

Hi everyone. I know that im still a beginner in cryptoworld in terms of trading and everything about it. But i want to share some informations to my colleagues that are also new on this business. So heres some that i can advice to begin with your crypto career. Hope this would help.

1. First and foremost, do not believe right away on the topics you read on this forum, some news misleads newbies to manipulate them. This one is very important. Read different posts and articles and compare it. The most same answer is correct.

2. Be sure to invest on the amount you are willing to lose for. If you are a beginner , you are prone to lose, and if you lose from the start, you will also lose hope and interest on what you are investing for.

3. Have a stable mindset always. This can lead you to be more patient and have a good decision after. Mind over body. This should possess all of us, not only newbies.


These three are main information we should know. Hope it would help.

Edited. Additional info.

Also, do not be on this forum just for signature campaigns. Try trading also. I have a friend who  is also a newbie and so frustrated on not getting merits and not getting rank up. As we all know that higher ranks give higher profits on a campaign. Yes its hard to rank up in the new system and its almost impossible for us newbies but always remember that ranks doesnt define what knowledge you have now.

Its as safe or riskier as other gambling sites. Gambling is just 50/50 win or lose percentage so whether it will be bitcoin gambling or not, it is just the same. The only one changing is the medium or the instrument you use to gamble. Gambling will only require those things who has value, most of the time is money. With regards to make gambling as a living, i dont think it will work. A month maybe, but not for a long time.

By the definition itself. Bitcoin and other altcoins is a kind of money because it can become a medium of exchange while the currency youre saying is the Cryptocurrency which is the system itself.

All good investments are for long term even cryptocurrencies, especially ICOs. Stock market for example requires long time for your investment to surpass risk and earn. An example of this in cryptocurrency is just holding. If you hold your cryptos for a long time, you will have a chance to double or triple your account. If you couldnt wait and just aiming for a short profit, why not try buy and sell items.

See, they also advice to buy some bitcoins now that the price drops down because they know the upcomming bubble is right ahead. There are just posters who confused newbies not to buy bitcoin. I see it , if all of us will advice to buy low sell high , and we convince newbies to buy, also us to buy, bitcoins value will increase. Some kind of a good manipulation in here.

But if im not mistaken, Central Bank of the Philippines announced that they acknowledge bitcoin as an investment. Banks has nothing to do with the manipulation of the bitcoins price nor killing the cryptocurrency market. Actually, they can add bitcoin on their investment list and they are the no. 1 qualified channnel of bitcoin exchanges around the world.

I think it is more suitable in financial class. A glimpse of it in economics class is okay. If we only have this kind of topic on our school on our days, maybe i start to invest on that day. In economics, they can teach about bitcoins and currencies while on Financial studies, bitcoins and investments. Its good to teach also how the bitcoin works on computer schools , who knows, maybe one of those kisds will invent the next bitcoin

Careful on reading some threads bro. Maybe that could make your decisions worst. There are a lot good news happening on crypto world and the bad news is just very minor cases. Most of the countries atlast adopt on the bitcoin system and most encourages people to invest. Bitcoin prices still on the blood drop but there are some speculations it will increase in this month.

I come to think of this that bitcoin made about years ago but not that popular so we didnt have that much growth. I believe that this is just the stage where people, companies and most of the governments started to adopt bitcoin. This Is just the growth stage. There are more things that will happen in the future.

The government doesnt need financial advisors. All subjects benefit the government. In fact, you can only have those financial literature courses on college and if you dont want that track, you will not able to learn it for your life. Even professors just let students read books then make study for themselves. If you dont want to learn this things, they will not teach you.

Mining requires high powered tools and equipments to operate. Theres too much electricity to produce and generated. A renewable energy is a good idea for the environment but i think thats hard to produce given the fact that most miners arent a big company and producing a renewable energy resource like solar panel is hard and cant support the power alone.

Im sure a lot of people want decentralized kind of currency that have no central bank to regulate and they can do whatever they want. The future of money where the people is their own system. Anonimity of the currency makes it popular. The frauds are hard to identify. The innovation it can do is to have its own centralize system but this is impossible.

This maybe the causes of the price drop
- whales withdraw their cryptocurrencies to invest into something
- many governments announce the illegalization of bitcoin in their country
- too many hoax post who confused people that they should not invest in crypto
- futures contract that they said was affecting it but i know it wasnt
- just some normal volatility and nothing should be afraid of

Probably yes , ypu need to buy bitcoins using fiat in order to have a capital on investing or holding. But theres another way of getting capital without any cash ins. You can join in any signature or bounty campaigns that allows its subbordinates to earn by just promoting their products using signature. You can then use that fund to start your bitcoin career.

So you want to cheat and beat the house? Many hackers can even hack government sites so i think it is possible that different codes can beat the house. If you do this , it is not considered gambling but rather theft. Its fun to risk your money just by using your luck. Why just dont try that.

There would be no sense of storing our bitcoin to you bank because we already have wallets and it is better because of liquidity. The other functions are appropriate. We can invest to your bank using our bitcoin. You can also be an exchange channel where bitcoin can be exchanged by a different fiat currency. But if this would be done, the identity of once holder will be released.

If our country has those modern technology that can support bitcoin transactions, why wouldnt i use it ?. It is such that bitcoin transactions does not applicable to my country now. The only function of that now is just for investment. Paying someone through his bitcoin address can also be. I hope we can have those modern technology to use bitcoin properly.

Leaving a full time work can open new opportunities in bitcoin world. You can do not only trading but actually minibg and bounty campaigns. For me, it is wise if you have a permanent job behind you that can catch you financial needs when cryptocurrencies get down. Crypto world doesnt require 24/7 and even a person with a full time job can also earn passively.