At the moment even the value of bitcoin is somewhat stuck within 6-7k. Do you guys think that there is any other crypto/coins are worth investing in and why?
The current bearish market is a pattern that has repeated itself several time and I don't think that is strange to us the traders. Those that know how investments work are buying now and are holding for the future just like as some people buy last three year and make great profits selling last year. |
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Thank you op for this wonderful work you are doing and make looking for bounties easy is what we actually want. I have to just go through them one by one now and I see how simple you make it.
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Credit goes to source : https://www.cnbc.com/2018/08/14/crypto-advocate-bitcoins-narrative-problem-is-spooking-investors.htmlThe Altcoin market is currently a war zone and it looks like a small Dotcom bubble have burst. <I hate using the word Bubble, but in this scenario, it best explains what is happening>  I compare Bitcoin to the bigger Microsoft/Dell/Yahoo companies, during the DotCom bubble and the Alt coins to the gazillion of tech companies that went bankrupt. Will Alt coins suffer the same fate and will Bitcoin rose out of the ashes like these bigger companies, that ended up being bigger and stronger than what they were, before the DotCom bubble burst? What do you think? I think bitcoin is quite different from the dotcom bubble that happened some years ago. I have tried to understand how this cryptocurrencies market work and one thing that I have learned is that bitcoin and altcoins are the future of our capital and money market. |
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"The patient dog eat the fastest bone" Holding is required if you want to makes money in this market and you have to hold for long-term in other for you to makes money from the market. I don't think we are going to have bad time in future if we can buy some of the cryptocurrencies now and hold for the next five years.
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If yes, would you invest in technology or industrial projects?
Making money through icos investments has been my desire since last year but I have never been opportune to make profits investing in icos is most that I have invested in could not even return my capital talk less of profits. I will prefer to now invest in industrial project than technology. |
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Altcoins investors have to take some patience and hold in other to be able to take profits in future. I have some friends that bought ripple at $3.6 but now they are still hold and with the hope that things are going to turn around in future.
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The nature of this market is up and down and I think if we actually want to take that advantage it has to be through day trading as the current situation of the market is not favourable to long term investors but good for pump and dump market. The current bitcoin price below $6000 is a sign that investors are afraid of putting in money.
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This cartel are really expect and interconnected to each other and I think they control basically everything including governments. Bitcoin has been having a very bad time because this cartel are selling off they holding and many of them buy when bitcoin was very low in pricing.
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The question still remains if the ETF will be approved. I think this speculations has affected the market seriously and I think it could have been better if the issues of ETF did not come up at this bearish market time. We are to hope for another date and it is not approve then expect the market to fall further.
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Will bitcoin reach a state of low volatility that would be the same as gold? This article is a typical gold hype to make everyone buy. But look at the analyst's projected high of where gold might be on the 2nd half of they year. The increase from low to high would only be a mere 14%. Also, do you really want bitcoin to reach a state of stability in its present price?  (Kitco News) - Struggling gold prices will soon see better days, with a bullish wave projected to bring about as high a level as $1,370 this year, according to one analyst.
At the present juncture, sentiment in the gold market looks excessively bearish, which is unsustainable, Metal Bulletin precious metals analyst Boris Mikanikrezai wrote in a Seeking Alpha post on Friday.
Spot gold prices tumbled almost 9% in the last six months. And on Friday, the prices nearly hit the $1,200 level. The December Comex gold futures also had a tough few months, last seen trading at $1,222.90, down 0.02% on the day, after hitting a 12-month low on Friday.
Despite this major drop, the yellow metal has been one of the most resilient trading options within the precious metals space, Mikanikrezai noted.
In the second half of the year, I expect a strong rally in gold prices and gold-mining equities as the macro backdrop for the precious metals complex should prove more positive, the analyst wrote.Read in full http://www.kitco.com/news/2018-08-05/Be-Ready-For-Gold-s-Bullish-Wave-Analyst.htmlVolatility is what makes bitcoin popular last year and I think we actually needs increases in price for bitcoin to get to were it ought to be. If things remains bearish investors will be dissatisfied with it and we need a show of profits for them to invest. |
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The bulls are on the way and we should hold as I have find it difficult to find out that bitcoin may not fall below $5,500 as it seen very difficult to fall below that level. The bull we find opportunities to buy and push the bitcoin upwards any moment from next month.
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I don't think that we would ever be perfect in trading and we may need to understand that part of trading and skills before we can succeed. Many people have looses money in trading because of the fear of the state of they investments. Some have also lose money because of selling out of patience.
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I have just signed up https://beta.bounty0x.io I found a lot of projects for bounty hunters. The system is good. Where we report and automated record in the system. However , I haven't got any payment from all the projects. I think the platform just released but there are many projects inside. Have you tried the platform? Have you got paid? I have not tried them and I will try and study the sites and available projects on the platform. I think you should be a little patience as most of the projects are going to pay you your earnings after ico. However thank for sharing this site with us. |
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Bank should be afraid of bitcoin because it has been discovered to take they jobs. I see bitcoin as a future of our financing and many wise company owner are working hard to study cryptocurrencies and how to adopt it into their system. Bankers are the really problems and reasons why we are in financial crisis.
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For me i think cryptos become money washing machines thats the only reason i can think of this endless correction . Wtf can else be
Some years back we have this issue of bearish market and many investors were saying the cryptocurrencies market is dead, some were saying that bitcoin will not get to $1,000 again but in 2017 we can see what happens . If you are an investors you have to be patience with this market. |
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i am beginner trader in binance. many time i make profite from binance. i trade basicly iost, storm, ncash and some other small rate coin. but 2 days ago i buy storm coin 0.00000707 this rate. and now storm price 0.00000602. per coin 100 shatoshi loss. now i am so afraid. now i see many coin going dump. now what i will do? now i will do sell my storm or i will do hold storm. i request all senior trader please help my subject.
Thanks
I think you lost money if you buy and sell at the wrong price and patience is the keys in the market. A 100 satoshi lose is not a mush concerned to me if you are ready to hold for some time. I will said in this market it is very difficult for us to have our ways always! |
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I think cryptocurrencies proceeds has to be taxable and for governments to be able to regulate and bring trust into cryptocurrencies market she must benefit from its procceed. We should know that governments regulations will drive the scammers out of the market.
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i always say that the best way of learning "how to trade" is to start doing it yourself. you won't learn anything by following others, reading stuff online and doing nothing. you have to get your hands dirty.
one of the good things about cryptocurrency market is that the exchanges allow you to start trading with a small amount. there are even exchanges out there that allow orders as small as 0.00001000BTC which is about 6 US cents! you can invest about $10 and start your trading journey and gain experience.
so why NOW is the best time?
it is the best time because prices are falling and there isn't any pumps going on in the altcoin market. for instance if you have started trading last year, if you closed your eye and chose an altcoin to invest in then no matter what you chose it would have gone up and you would have made profit. but that doesn't make you an expert. instead it gives you a false sense of being an expert which will be more harmful in the long run when the dumps come (you can see how many people are currently crying about it on bitcointalk and telling everyone how they should have "patience" which is a big mistake).
BUT if you start now, you have to make good decisions otherwise you lose money. so you learn the most important lesson and that is decision making for example in choosing the right entry point and the right exit point.
and if you make the wrong mistake there is no safety net (pump) to cover your ass. which is why you will be forced to learn. and that can help you in the long run.
and know this: even in this dropping market you can still make profit
I think bitcoin has provided an opportunity For us to makes money by provide us with opportunities to invest now. During the bearish market one thing that we need to do is to invest and wait until price go up. Trading cryptocurrencies is good to invest if you know how the market work and be patience. |
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That is why we need understand on how things work. The elites will never what us to progress and become one of them and that is why they politicize our monetary system. We may not be able to enjoy our society except we do away with our current Education and financial system and that is why blockchain technology seeing to be the reality we have been waiting for.
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One strategy that works best in times of fall in the market is to remain calm, and not allow yourself to be blown by panic. Just hold the tokens with large caps and even if possible, buy more tokens and hold. For some coins like Bitcoin and Ethereum, it is always certain that whenever there is a fall, there is definitely going to be a rise.
What will you do when the market falls?
Many of us lack the venture of being patience and calm in the face of bearish market especially if the market is not in our favor. One thing that we should be sure is that the market cannot continue moving in our favor as it has it own mind and we should trade along were it desires to go. |
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