I urge caution for anyone trying to buy Libra. I have s near escape. I saw an advert on Facebook and was thinking of getting some. But I remember reading that Libra is not launch. It seems that Facebook dun really check on the authencity of the adverts. After this incident I saw 2 more different adverts from Facebook selling Libra!
There is no one Libra coin on the market now as Facebook cryptocurrency is not yet released. However, we can expect that it will be launched despite all the haters and boycott of Libra from the side of some countries like France. Recently, Facebook announced that the company's plans to release cryptocurrency in 2020 have not changed. The plans are to expand the association, it is planned to attract a number of banks there. |
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I think that bitcoin cash will die in a few years and Roger Ver will start working on a new project. Ethereum will be number two only if it can change the current state of its scalability. if not, then other coins will replace it
Suppose, Ripple will not give any profits. Bitcoin is the best possible variant, and Bitcoin Cash plus Ethereum. As for XRP, Ripple "printed" more than 60 million tokens again. It is good for the project itself, but it will not make the price of this crypto higher. I would not take risks in this situation and trust the number one decentralized cryptocurrency without variants (but those, which I mentioned here). |
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There's a rainbow always after the rain and It is really good to see that the market is in green again after the deep downfall but i think it is to early to conclude as we don't know that this might just a temporary rise up in which a big whales trap so better if we just observe the market movement for a while before we jump into conclusion.
As I see, Bitcoin, as well as other cryptocurrencies, have started their swinging period. This is the most difficult time for those, who cannot decide what to do - to invest in cryptocurrency more or to sell the actives when the price will slightly go up again. However, experts believe that Bitcoin might reach 12-13 thousand, although the 2017 situation is not expected anymore. |
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Yesterday the price of Bitcoin was $9700 and today the price is $8500. Yesterday the price of Ethereum is $200 and today the price is $170. So which coin is prefer to buy?
Both cryptocurrencies showed growth on October 1, and Ethereum was even better. However, I do not think that it should be the criteria to choose this or that crypto. You should trade, sooner or later, even if you are planning to invest online and hold. Therefore, it makes sense to invest in both, Bitcoin and Ethereum as these are two main cryptos on the market, and they will not give up these positions. |
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Impossible crypto go to zero because is not have reason why crypto do not have price, crypto have many investor and buy with higher price impossible they want to sell with lower or zero price.
Over the past few years, Bitcoin has come a long way, and 2018 has also been a difficult period for it. Nevertheless, the fact that cryptocurrency has survived all these hardships gives hope for the future, and winter 2019 and the future will show whether the current forecasters were right. I do not think that cryptocurrency is under great risk to fall so awfully to reach zero. |
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Neither blockchain as a digital technology, nor cryptocurrency as one of the many products of this technology, can replace banks. Today's banks have a lot of different specific functions, and the blockchain or cryptocurrency has nothing to do with them. Even their usual activities such as legal support of the financial and economic activities of legal entities. Banks issue accounting documents to institutions and enterprises of various forms of ownership, which not only confirm the transfer of money, but also indicate to whom it was transferred, for which payment was made, the number and date of the contract and other information. The blockchain cannot contain this data. However, they are needed for tax authorities and audit.
However, it can help them. Awareness of the benefits of blockchain technology has led many banks to consider integrating technology into their systems. In addition, sanctions that exclude some countries from the list of participants in the global payment system SWIFT have led to the birth of alternative payment systems. However, blockchain technology needs to make more progress before it can process billions of dollars of daily cross-border payments between world banks. |
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I feel jealousy to see the success of this younger boy. How did this happen with a short period of time? Anyways, all the best!
Read the OP's post I am talking about Eric Finman. ~snip An inspiring story that is worth to read. This is just a summarized of his journey. Eric Finman is just a typical 16 year old student who is bright and creative. He has smart two brothers and he is the youngest. He is into latest technologies. When his brother introduced digital currencies (bitcoin) at 2013 who his brother brought 50 bitcoins. He decided to compete his brother by buying hundreds of bitcoin worth $1,000 in which his grandmother's gave. His brother Ross gave him a book by Ohanian ( a co-founder of Reddit), which indicates the power of internet and which got Eric's attention and interests. He is eager to meet him but there is $8,500 fee which made his parents think it was too much. With his eagerness he founds out and discovered that the bitcoin reached $1,200 and he sold his bitcoin to $100,000. Finally, he met Ohanian. It amazed him how matured enough Eric when it comes to technology. One time, as a freelancer, he make a Flappy Bird knockoff game and Ohanian is an eye opener for Eric's eagerness to use internet as a source of income. He produce his own programmers, etc. And made his own company. I just thought Mark Zuckerberg is the youngest millionare. Now, it is Eric Finman. Here is my favorite line from my idol, "I say if you do not become a millionaire in the next 10 years, then it’s your own fault."
He is now 18 years old. Despite of being disppointment in terms of education, he is now a successful and the youngest millionare by bitcoin and by his innovations and by being creative. Read the full article here. This is somehow inspiring for the aspiring user that aim to be a millionaire. There are many ways to be a millionaire and this teenager shows how to make million even he is at a minor age. This article can make a person invest in bitcoin and has the possibility to make a person believe in bitcoin. The guy is not going to stop. He is an active crypto society member now. Besides, he makes prognoses. For instance, he is sure that Ethereum and ZCash, as well as Bitcoin Cash, have more chances than other alts to grow. On the other hand, despite pessimistic forecasts, in the foreseeable future, he does not plan to abandon the storage of Bitcoins. He believes that cryptocurrency will experience “at least one more major rally”, and most likely there will be two or three of them. Only after that, he is going to get rid of his BTC savings. |
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It will be a good idea to invest in cryptocurrency only if you are able to choose good and potential coins. There are hundreds of coins, some good and some bad. So you need to be aware before investing. Some good investment coins I know so far are BNB, Huobi coin, bittorrent, Beam, and Bitcoin. You can search on the internet to find other good investment coins.
Here, you must adhere to certain rules. Frequent currency conversion increases the number of lost funds by paying a transaction fee. You must invest in projects paying in Bitcoins and not another cryptocurrency. In addition to the classic strategies for making money on Bitcoin, an option similar to a deposit in a bank has recently gained popularity. You can invest in bitcoin and receive a percentage. The amount of interest directly depends on the amount invested. |
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i have got around $1500 to invest in coins which coins do you guys suggest to invest in for quick money ? a year ago I have invested in STRAT and Sia and I lost big amounts and regret investing in those coins.
I'm thinking of investing $1k into BTC as its low risk but I would like to risk the the other $500 with a coin that I can make quick money with it
I might disappoint you. Only 2-3% of the guys, who are trading, are able to make quick money as you call it. Trading needs time, patience and serious approach. There is no special scheme that you can use to earn twice more than you invested (or even 3 times more). Crypto trading, although it is a business, is also a game of chance, and you never know if you are lucky today or not. |
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bitcoin could reach 20k more or more than that, but in my opinion not for this year
a really high bitcoin surge occurred during the halving block of 2013 and 2017 ... which means the next 2021
I think now the Whales are being accumulated for 2021
In the long term, the power of Bitcoin will increase, although now it reaches its maximum values during the development of the project. It is more difficult to predict the BTC price, but leading experts say that it will take more time to reach new highs, while the cycles themselves will expand and become more stable due to increased market capitalization. Bitcoin will start to attract more large investors and traders. |
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I have not seen any signs of an official Facebook coin appearing.
I think it is not a serious threat to BTC, it's just an impact on the adoption of crypto, I mean if the Facebook coin is released soon this will attract market investment and also attract the attention of new and old investors.
Nevertheless, they are making great plans already. Libra cannot be a threat to national monetary policy; Facebook does not create a payment tool similar to fiat currency using the Libra project. Moreover, the Head of Libra says that this coin can be a boon to the UN and help achieve important goals in eradicating poverty around the world and achieving gender equality. All we can do it is to wait when it happens...or not. |
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You will get your best chance of being successful here if you start by yourself, I mean there's not 3rd party, just you alone managing your trades.
The good thing with that is you will be able to grow in the long run, and your will gain from your experience, hence you can maximize your income depending on how much you are willing to risk.
Personally, I started here by myself and I just tried to be resourceful by researching information that could help me learn and improve along the way, and I think the decision I made is correct because I can feel I grow in crypto and this forum is such a big help.
The first thing you need is a certain starting capital and not choosing the places where to trade. A trader must also have a financial reserve in order to exist normally for the next few months until he learns how to earn income. First of all, it is important for the right psychological attitude, so that you could calmly continue to work on the result, and not think that tomorrow you might have no money to pay for the Internet. |
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I think there are 2 right times to trade your tokens
The first, trade your tokens before a bearish market
Second; trade your tokens if you are in profit
There are ways to sell and buy. You can trade all the time, dealing with scalping and day trading but the experience is needed here. If a question is asked it means the guy does not have skills yet. Therefore, he should better choose long positions and also use bots help. In any case, more information about everything that is connected with cryptocurrencies trading will help here. |
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bad time? I don't think so, for professional traders I think maybe now it can be used as one of the things that might be good for trading. market conditions are not good and can buy at low prices and sell at high prices
The day trading strategy works all the time, and it does not depend on the market ups and downs much. However, you need to be a very skilled trader to deal with the approach to crypto business. The commissions on exchanges mean much also - so you need to deal with at least 3-4 reliable exchanges for creating more variants of pairs for a day trading. Bots can help much, but you must control them. |
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I have switched to crypto bot trading and just monitoring the process and make some adjustments from time to time. I think nowadays it is impossible to daytrade manually and stay good-tempered.
Surely, the bot will be a great help here, but you should not always rely on them. Day trading is always a stress, so, probably, it is better to change the strategy and get involved in holding, choosing the most promising cryptos. However, even here, the stress cannot be avoided, especially when you get up in the morning and see that your tokens and BTC lost at least 15% of their price. |
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Buy DOGE!
This is the shortest recommendation I have seen (thanks for it), but it makes sense to buy Dogecoin. As of today, the Dogecoin (Doge) blockchain is one of the most actively used. At least this is evidenced by comparative statistics on the number of active addresses for the last year. Many people trust it and choose the "mem" coin as their favorite. This is the token that will exist for years. |
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i don't think anyone here can prevent the global and economic trade crisis from rising at all,maybe by prayer anyway. but as an individual you can prepare against it. make good investment, acquire more assets than liabilities, manage your finances so much as to keep living well through the crisis period. it is even possible to make more wealth by then if one is intelligent enough to provide solution within the environment
No one can do it in reality, and it seems that this crisis has already started, but it has not reached its top point. However, optimists have their own viewpoint towards these events. They are sure that the crisis is not only a catastrophe but also a great opportunity to buy on the cheap something that in a few years will increase significantly in price. It is also the time to invest in crypto. |
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Bitcoin will always on top because of it's popularity and some of countries totally accept Bitcoin as the payment method. Bitcoin is unstoppable, that's why altcoin can't replaced it.
Many countries have accepted Bitcoin as a legal means of payment, many Bitcoin ATMs have been set up in many countries, the community of people who know Bitcoin is very strong, much more than other currencies. The value, security and decentralized platform that makes Bitcoin stand strong, are the irreplaceable Simply Bitcoin is the only one real cryptocurrency and altcoins (even Ethereum) are just the attempts to repeat the glory of BTC. As BTC is limited in coins (21 million), it is strongly protected from inflation, and altcoins are not. The cryptocurrency number one will not years change its status for at least 20 years. I guess, finally, it will be really adopted globally, in less than 3-6 years. |
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I am not buying alts right now, but I am looking carefully at their movements. Lots of people started selling altcoins to buy the Bitcoin, which is reasonable though, but I think there will have an altcoin bull run this year, and it can start from now. I picked the SERO, ETH, MATIC to buy on right time which is yet to come.
I suppose that this is the best position to take now as nothing is clear with altcoins yet. We cannot also say that altcoins have already found a reliable level of support and all the worst for them has ended. Now, a lot depends on Bitcoin, if it continues to fall, then altcoins will receive an excellent incentive to drop to their minimum levels. If it happens, I will invest in Ethereum and Dash as I guess, these are the best alts. |
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I am not buying alts right now, but I am looking carefully at their movements. Lots of people started selling altcoins to buy the Bitcoin, which is reasonable though, but I think there will have an altcoin bull run this year, and it can start from now. I picked the SERO, ETH, MATIC to buy on right time which is yet to come.
I suppose that this is the best position to take now as nothing is clear with altcoins yet. We cannot also say that altcoins have already found a reliable level of support and all the worst for them has ended. Now, a lot depends on Bitcoin, if it continues to fall, then altcoins will receive an excellent incentive to drop to their minimum levels. If it happens, I will invest in Ethereum and Dash as I guess, these are the best alts. |
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