Previous few month we see all altcoin price is decrease.So at this time how I recover my loss.I decided one think,I want to sell my all altcoin now.And try to start trade and recovery again.It's possible? Can I do this.Tell me your opinion, can do or not?
If you want to recover your losses from price dump then you need to hold your coins,if you sell means you actually lose your investment capital but if the price of that sold coin decreases more and recover later then you can sell it but it is actually impossible to say when it will bump and dump so just hold your coins and wait for the price bump to occur.But normally the price will bump at back end of the year so hold until that to make profits. You wont really lose nothing if you just hold of your coins and didn't panic sell which this is the most basic thing or must to do if we do see falling market.If you can able to risk up to fasten up the recovery of loss you can eventually buy even more on dips so that the average loss would go lessen as the price do go in reversal.This is what I'm doing which I do minimize the gap on entering the deepest price as possible. |
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Yes you are right the KYC is important to participate any ico because of some countries already regulated the crypto currency exchange so in coming days the KYC willl be important to participate any ico.
When we do talk about lessening the risk of scam then KYC implementation would really be a helpful thing but we do all know this would really remove the decentralization or the true essence of cryptocurrency because identity has been already revealed which means there would be different opposing parties would really be like or don't like such implementation or decision made by putting up KYC on ico investments. |
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Hi all, just want to throw out a question. Whats your opinion on the regulation of cryptos to a securities status (global scenario) ?As an example, in Switzerland the financial regulatory agengy FINMA has set regulations that will limit the possibilities for new ICO's and provide more safety for investors. (see: https://www.finma.ch/en/news/2018/02/20180216-mm-ico-wegleitung/) Resumed, I think it will be good for the market and future of ICO's but others think it will suffocate new startups. I would be very interested in some opinions on the subject. Thanks The problem with this regulation that will for sure be put in a motion in the other countries is that it will probably make it difficult for new promising ICOs that ain't scam to make a progress trough and push their plans till the very end. I support this regulation from the Swiss but that will bring the new problems. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Many developers don't have enough financial support to push their projects till the very end and this regulation will maybe require even more money that they won't have. Investors also won't recognize the projects because they won't have enough of the needed advertisement. It is up to us to wait and see how will this regulation change the future possibilities of the cryptocurrencies in the development phase. These would really be the implications on such regulation steps where it would mainly affect the range on where those ICO would able to market their project because of such restriction or regulation but eventually even on such blockage if the project do have the potential that would caught up investors attention even where those peoples or investors residing it cant really completely stop for them to invest. |
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Bitcoin is the biggest problem of altcoins. The prices depend on the bitcoin value. As the price of bitcoin grows, altcoins grow. As the price of btc falls, altcoins are falling. Therefore, if the bitcoin dies, the same fate awaits the altcoin.
Are you sure? As a Hero member you do able to see on how do price correlated to each other.We might able to see that bitcoin do give effects into altcoins but not all the times because there are coins which haven't been affected on price decline and not all the times if bitcoin tends to pump out altcoins to pump out too. Movements might be randomly on both sides depending on the market situation either on pure accumulation or on selling area. |
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Of course we can see now how governments try to ban crypto, but I'm sure that they can't do this, because a technology can't be banned and I believe more and more people will understand that cryptocurrencies are much more honest and usable than fiat.
If bitcoin isn't a decentralized coin then for sure it was already dead a long time ago but its unique feature what it makes alive until nowadays even some governments do make a move on how to get rid of this coin and any other crypto which are really opposing majorly in governments laws specially on taxation.If it do evades then negative impressions and view would come out.They might able to stop but not totally coming to a point that it would be dead. |
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Of course, when market is at fluctuating phase I HODL and take advantage of buying cheaper prices of Altcoins just like most of us do, diversifying a wide range of promising altcoins.
How come you didn't know about this? You have Legendary Account.
Indeed! Hodl is the best decision during this time. We can't sell our btc because we are expecting a better price but the market seems to have a red mark most of the time. Holding would be the best choice because selling out to cut loss is the most foolish thing to be done on declining market.Dont sell out and hold no matter what because price do recover sooner or later.If you panic out then expect such loss rather than on thinking on how to get out better think off on how to get in on cheaper prices and get profits when pullback or reversal is already happening. |
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Just wanted to know where you guys think we are. Are we still in the early adoption stage?
At what stage of the dot com era would you put us at? Dial up lol?
actually we are late on the era of cryptocurrency and most of the people who invest earlier are already rich but still there's no need to worry because there are ico's today who are existing in this forum and we can work on their bounty campaign to earn altcoins. You do have a point but not completely agree on this matter.There might be already some millionaires on this era because of crypto but it doesn't mean that it is already too late to make yourself to engage with it.If we do try to look at the current percentage of people who are into crypto towards the whole population of the entire world then we are just still on few percentage which means theres still lots of space on potentially to spread out when it comes to acceptance and awareness. |
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I think, one of the reasons for the market to misbehave is the rules changing.
Bitcoin used to be the very best tool for a) payment and b) value accumulation.
Now, if I want to send someone money, I'll choose a coin with smaller commission.
As for accumulation... It consumes too much energy, and there are countries that ban Bitcoin because of that. Already. So... would you invest in it for 100 years?
It is like dinosaurs: they were big and nasty, till small and fast creatures pushed them off the way.
This always been part of the reality which theres nothing on this world cant really be replaced or cant be removed to its place and bitcoin isn't on the exception on such events.This is why when you are targeting for a 100 year old security or investment then there are lots of choice either government-backed or total decentralized thing.It does depend on the level of risk you can handle on. |
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All people do not believe in the online digital currency now because of the lack of knowledge about cryptocurrency. But now as they know the crypto, the negative thoughts about it are still not lost
for me except of being lack of knowledge most of the people now don't believe on virtual currency due to some fud's that always spreading negative news around the globe which is the common reason why the price is decreasing. Causes also why more people declined virtual currency nowadays. Everyone with a criticism of Bitcoin is not a fudster and every bit of bad news is not fud. Price doesn't only go down because of fud either. There are legitimate disadvantages to Bitcoin and clearly there are unsustainable trends when the price appreciates as rapidly as it does at time. When the momentum ant sustain itself, the market enters a serious correction, and that's completely normal for markets to experience. People who bought very high didn'tappreciate the risk they were taking on. I don't feel bad for them. In short those people who just entered without minding the risk involve are just purely being greedy and just being hyped up with the trend.Actually I do really love to see price corrections since this do indicate we do have a healthy market but most people specially the new ones do expect to have always a constant price increase which we do all know that this is not really a possible thing to happen to bitcoin. |
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the price of the marker falls after ico due to dump trucks, bounty hunters, but it will easily recover if the campaign has upcoming projects
I do not believe that the price of the token falls due to bounty participants. There have been cases when before the payment of awards the price has fallen dramatically. And if the token is traded on one small exchange, then any investor can lower the price. It also seems to me that the participants of the bounty company do not negatively affect the price of the ICO. If they were absent, the company would not have found investors! And the ICO would not collect cap! The price falls after the ICO, it's normal! Because if the ICO has a working product, not one idea, the price of a coin after the ICO will grow as soon as the project puts into effect its slave product, which will have an actual idea! many of the members of the bounty are the same holders as investors, they just do not buy tokens, but get them for work When we do talk about bounty hunters its either they would sell off their tokens or would just hold just like on what investors are doing but most of the time bounty hunters will really sell as long they can able to make money and buy another tokens which they do saw that have the potential to grow for longer runs.Ive been doing this too for how many bounties been join of. Sell then buy another coins unless if the bounty tokens you do gained do have the potential then I would really decide to hold. |
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You stick to your trading plans no matter what happen. If you have a good foundation of your technical analysis and you have researched well enough on your trades, you will be more confident even if the price moves against your trades. It will take a lot of practice to control your emotions but you will be able to control it if you always try. And the fastest way to achieve that is if you are confident with your trades.
Its for sure that confidence is the key of hodling or having a patience. A sudden drop in price and your confidence of the upcoming months or years in the coin you bought will bring a good foundation towards a good handlinh or managing of your emotions. What am i doing in this crashes is just keep on learning and reading of any coins fundamental that can be a good choice to invest. If you are just new into this very volatile market then you would really need to toughen yourself in regard to price movements.You will really see decline of prices that you cant really comprehend once you do see that prices are all reds and do almost dips down which really result in panic.Managing your self into these kind of situation is very crucial.You might not get it on first few tried but sooner or later you will able to handle it out once you do gain experience. |
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I prefer the term "Love Your Work" over "Working smart" or "working hard". Love Your Work makes you working smart which leads to working hard.
If we notice working smart better than working hard because:
I would really prefer this line "Love Your Work" compared to those two because if you have this you would really lead up to work hard and work smart which would be a good tandem if you done these both things on what you are doing.Why would choose up on having one if you can able to work hard while you work smart. Might be different on some scenario but these can be actually compress. |
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I understand and know how it feels to experience the bloodbath because I was feeling the same way as you before. But I realized that when it comes to the bloodbath, there are two sides (negative and positive). I choose to go on the positive side of bloodbath where it gives me the opportunity to buy at low prices.
The Mt. Gox withdrawal issue of the 40k BTC was the major cause of the downfall on top of the cryptocurrency regulation where SEC requires exchanges to register with agencies. Reports say that $1.7 billion worth of BTCs remained in Mt. Gox might be sold in the next few months, and it might affect the price.
I just say that the big bull run might take a long while unless they have to do it over the counter rather than selling on the exchange.
This situation is least expected that I didn't even think out those mt. gox funds are still on intact or do have still plans to sell out. Some sources say that they are just covering up when it comes to Binance Issues I don't know if its true or not but rest assured those funds are being withdrawn which do result into sudden dumping of price and theres still lots of bitcoin left to be withdrawn which I do even expect for more deeper low prices which is indeed a good chance on getting cheap bitcoins and ready for the bull run. |
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We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.
If you’re at the losing position what is the best thing to do?
If you did invest large portion of your money or savings then relaxing isn't really possible into these times specially when you do saw price of bitcoin is going upwards a little and then drops down on big percentage which these movements can really make you panic when you always active on seeing price movement of bitcoin.It isn't really new anymore and its always been part of crypto investment.On this cases you cant do anything about it but to wait for recovery.Dont sell out on loss because you would mess up the entire situation even more. |
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all the managers mentioned above are already experienced, this will be an excellent reference for beginners to join in campaigns pioneered by them
If you are just a beginner when it comes to campaigns then better to choose up those managers above yet you can somehow assure that you would really be on good campaigns since most of them are responsible with their duty on handling out people specially yahoo. I do love this guy when handling campaigns, strict in forum rules but very responsible for the people he handles,concerned about issues and solving problems with ease. |
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If things go haywire and no compromise or resolution can
be settled and achieves with the issues concerning cryptocurrencies
everywhere with banks and other types of authorities, they could possibly
and likely resort to that kind of solution. It's possible, they have the resources,
the man power, the technology is available, they have the investors and most of all
the legal authority to pull it off. If that happens it's gonna destabilize the decentralized currencies
out there, a formidable opponent to bitcoins and altcoins in the market. Maybe it will happen or maybe
it won't, we don't really know. We still even have questions on the current digital currencies that is still the
hovering with everyone. It is quite hard to speculate but honestly anything can happen from this point onward.
The development of such currencies will be a difficult opponent to bitcoin but it is not unbeatable, those currencies will be the same as the current fiat except with even more monitoring in place, so the reason of being of bitcoin and many other cryptocurrencies will still exist and when the economy crashes those tokens will crash as well and bitcoin will be free to be adopted by everyone that understands the difference between independent cryptocurrencies and those cryptocurrencies backed by the governments. It doesn't really have any difference with tradition local fiat currencies which this would really be just an upgrade of it but still its still backed by government and centralized and same as you said this would really be more on monitoring since anything can really be seen on blockchain and telling about disappearance of bitcoin is somehow not possible on this matter in fact people would still always love decentralized things. |
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Is BTC Going under 10k??
Or that's the support to bounce?
Its okay for my analysis bitcoin price as of February movement $10k to $15k ranging average price are not bad, this month are the right time to monitor the up and down price of bitcoin for the buy and sell of bitcoin buy in time of dump sell if the price goes up upto reach the highest price. The price right now has dropped a little but it should not be an issue since bitcoin is very volatile after all.So we should expect this to happen any time from now.If this price will really dump,then we should prepare our funds to buy some potential coins this time,and make profit by selling them again when the price had reached even half of it. We even potential hitting up $8700 price basing on technical analysis and the price have gone down sub-10k, price corrections together with Binance issues can really make the price go down.Ive been waiting more for decreased price for me to enter or accumulate bitcoin and short it for a short span of time.Recovery is always there and we should know how to make money or utilize it and as a trader we do know on when opportunities come out. |
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hi folks I want to warn all the participants in the airdrops There are a bunch of scammers They steal the privet key of myetherwallet i dont know how they do that but i think by sending you an email and when you check the email and click on it they can access to all the file in your pc and steal the key i dont know how that works i'm not an expert so don't put any of the private key in the computer or in your phones .
If you just open that email and don't click/download any attachment then I cant see a reasons that you would be hacked out by someone.This is why we should really be careful on downloading things on pc, executable files will run if you don't have an antivirus that can detect those malwares. Private keys cant be hacked if you don't disclose it into public. Unless if you got phished then 100% you will be hacked. |
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Of course everyone here does support bitcoin because we have to admit that it has given us a lot of opportunities to earn. However, in this life, we can't please everyone. We all know that bitcoin is a game changer in the society and economics and financial landscape.
However, there are governments and central banks around the world who hates it because its a disruptive technology. Specially banks, for them its so disruptive that it threaten their very existence.
But we should be bothered by all the attacks because we all know that bitcoin is unstoppable.
If a certain thing do have its advantage then its always been accompanied with disadvantage things either on us investors/community or even to banking sector. Bitcoin do changed many lives because of its money making opportunity but when it comes to tech its beneficial into new way payment system for people who do love to have less fees on transfers which will eventually slowly kill out banks if these adoption of crypto would continue this is why they do make further actions against it since they do feel and see that this is really a big threat. |
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I have a issue with Yobit, i have sent many DM via Yobit "support", but never got any reply.
Anybody has YOBIT's contact information?
it's emergency...Please help, Thanks
Their last post is only from February 28 but it's well known that yobit will not reach those customers who have problems with them easily. That's why many traders there are struggling about their funds in yobit and probably you are not aware about it. Go to their website, contacting them through forum account won't help. This is why they do have the title "Exchange that do have the worst support ever" which is actually true and do really suits it.I have experiences with this exchange and once you experience issues then you are fucked up since their support doesn't really even respond at all and seeing that OP just seems have resolve his own problem towards the site then its much better to lock this thread to prevent more response towards this issue. |
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