So many crypto currencies are coming UP . They are much cheaper  than Bitcoin for now. It is so hard to decide  which to buy . Some are in good promos, to buy or invest to it while it is cheaper and sell when the price Will getting high. Is it a good idea to buy while we can not afford yet Bitcoin?

Actually, it is not very few number of noobs in cryptocurrency business that comprehend the level at which patience is required and important in the business. It may be a cliché, but there is truth behind the line “Patience is the virtue”, especially in business. Running a business is not for the faint of heart, and not for the impatient either. Even if you have a great product or service, great process, and great employees, your business will require you to stay committed for the long-term. I got a few coins couple of weeks back, which I chose to hold while it was plunging however I continue holding with zero dread and just absolute patience. My advice to my colleagues is all you need is buy into coins with good potential like bitcoin and relax even while it’s at dip. Presently, i’m In over 30% profit in all.

          I believe many people are already aware of the bit. And it still hesitated that if you buy a bit will keep losing it? If it is, it will be too late. I do not think I have any guidance. I just want to present many factors to see that. What is the price of bundles it up or down the day it is due to what the problem?

          Let's see it. The image below is a copy of the Fibonacci Indicator. I will describe the home language is. The price of time that has occurred, then compared to the future (same as the original) Okay new.

          Removing prices from the beginning to the present. To analyze the probability of price in the future.
It sounds so much easier. But everything is just an analysis. There may be other factors involved that can not be predicted for the future. However, we know that the chances of a price going up there are possible.

The Basics of Bit Coin You Should Know

1. The first is that the number of coin coils is limited to 21 million BTC. Over time, the number of BTC coins that have been mined. Or take longer to dig. But the demand for bitcole is very high. This also affects the price as well as economics. I can not add it.

2. Confidence in the price of bit coincidence of investors. It is believed that the price of a coil is unlimited. Maybe up to 10,000 Cc coin or more.

3. Using bitcoin Instead of a payment system. And person-to-person transfers. Or even international money transfers, which you will pay very little. And fast. Can you buy a house or car with a bit? Or even pay employees in the company with bits.

4. The confidence of the people. Interested in digital currency And buy it for speculation. See last year. More trading. There are more markets for trading in the country, as well as merchants or shops using bitcoins to pay for goods and services.

5.The popularity of Bitcoin. Nowadays many people know more about coin coin. As we have seen in many countries, Bitcoin is one of the investments. And some countries are trying to push the use of bitcoin can be legally spent.

6. Bitcoin's price It is independent of the economic indicators of the country. It will be seen that the news about the state of the country will not affect the price of Coyle.

7. The average Halving incident every four years is a reduction in the number of digs awarded in half. This results in less supply.

8. Independence in trading If you want to trade, you do not have to trade at the Exchange Exchange. Unlike stock or Forex, Broker must be an intermediary.

9. The key to keeping the price down is flash crash. The market is hacked. This makes it hard to trust. The history of the previous Mt.Gox from Japan or Bitfinex of China has been hacked, resulting in the price of bit fell several points. And finally, confidence begins to return.

The future of bitterness affects the world.

          Now, a bit more is happening. As you know, the whole world is tied to the dollar. Many countries that are trying to free themselves from the mega are trying to find a way to make their own country not be struck by the economy of the Mega. If the future is good. There are some countries that have used BIT as the main currency of their own country. I believe that day. Those who are prepared will have an advantage.

          You may be like a dystopian, but that's about the future. But now I'm starting to see a lot of bits in some countries. There are even ATMs to wait.

          There are still a lot of Exchange markets with over 50% market capitalization in China, as many people know China has been cold war for years. Trying to push gold prices for a long time. The price of gold is not significant. Aftermath from Europe, many people know. I do not know what China might have been. เล่นคาสิโนบนมือถือ

Too late?

          If you look at bits as VI shares in the future fall to you or anyone in the world will have to use, I see that it is not too late. Bit is designed to be used from today until next. If you use a bit, you will know that the bit is not too late. There are many other ways to invest with a bit of profit. However, there are two aspects to study the information well. Lactate

I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !

BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?

What blogs or channels do you prefer most when you need to get knowledge about crypto, wallets and crypto market? Just found hacker noon on medium and CCN website:) Can you share more?

In recent times, some new ICO companies have been kidding about Bitcoin on Twitter, Facebook for their ICO promotion. I think this promotion way is very negative for Bitcoin. They showed that Bitcoin will be destroyed and their token will become number one. They have presented it in such a way that the price of Bitcoin will not rise anymore. I think this type of promotion is  very negative in the market.

I've seen many users complaining about being scammed by ICO projects most of them are new investors which probably gonna be the next generation of investors in cryptocurrency industry. I've been here in the cryptocurrency industry for a year and I've invested into different projects and seen how they disappear in the thin air, so to avoid this I want to share to you my criteria on choosing the right ICO or project to invest in.

This is not guaranteed but maybe in some point it may help you atleast to reduce the possibility on getting scammed by ICO's, the list below are my personal criteria how I choose Project to invest with using bitcoin or other cryptocurrency:

• Check the Background of the team (If the team didn't give info about each member of the team such as name previous projects, background, etc. There's a possibility that they will just run away with your money if they didn't give info's about their team.)
• Read their whitepaper and look if it's really worth to invest with, their concept, etc. (This is important to know what the project is all about.)
• Check the Social media accounts, If you find it very interesting presentable. (Join their telegram group in order to be updated.)
• Check the Projects professionalism (How they handle users, control frauds, etc.)
• Follow their Roadmap and other technical details and see if they meet it on time.
• Look for the projects community and see if the community is active.
• Look for special proof and validation.
• Do your own research about the project such as review about the projects or you can also check the projects ANN thread to see comments who's agree/disagree or the communities idea about the project because ANN threads is like an open forum where you can ask, give insights, etc.

This topic related articles may help you feel free to check:
https://www.entrepreneur.com/article/306563
http://strategiccoin.com/3-ways-to-identify-an-ico-scam/
https://cryptona.co/valuable-tips-to-avoid-a-ico-scam/
https://blockgeeks.com/how-not-to-be-scammed-by-a-initial-coin-offering/
https://medium.com/@99cryptoman/how-to-avoid-scammers-when-investing-in-ico-489cfadcb0f6
https://www.cryptocompare.com/coins/guides/how-to-avoid-scam-icos/

NOTE: Investment is one of the riskiest way to earn money. Invest only what you can afford to lose, in investment there's only two possible outcome it's either you will earn or you will learn. Learn from your mistakes.

Just like what I've said this steps are my personal steps on choosing ICO/Projects in where I'm going to invest in. This may not help you but I hope you'll learn at least a little in my little sharing. Have great day every one, ciao.

PS. If you have something to share in order to avoid scam or any topic related feel free to share so everyone will learn from us.

I was making a list for my team on how to stay away from Crypto scammers, and thought I would just share it here as well.

Here are the type of Crypto scammers that I have encountered

Type 1. ICO as a SCAM - (More info contributed by: tosindesign)
There are ICOs that are only designed to get your money. Once the ICO is over then the pages are taken off the net and the makers of the ICO disappear with the money. The last case we reported was LoopX, but this is not the only case.

How can you protect yourself?
1. (by: tosindesign) Generally there is no 100% protection here. A good indication for a scam is there is no team mentioned on the website or whitepaper. Although everything is very superficial and promised a lot, but after reading the white paper is not clear how that should be possible.
2. (by: GeckoTrader) One of the best things to do to avoid ICO scamming is to learn and back read all information about that ICO. As they always say " More knowledge is power"
3. (by: GeckoTrader) The team should have been communicating to the community.
4. (by: GeckoTrader) Always they should have an update from their company. If you sense something fishy do not hesitate to ask question from them. In that means you can confirm whether they are legit or just a bunch of scammers.

Type 2. Scammers who sell FAKE COINS (name / coin code is same but coin generating contract is different)
How to protect yourself: Check the contract address of these coins, if it came from the same contract address

Type 3. Social media scammers - Would post like "I will send you 50 ETH if you send me 5"
How to protect yourself: This is an easy one, they all are scammers. Dont even respond.

Type 4: Identity theft scammers - These guys will contact you as CEOs of ICOs or Social celebrities, usually banking upon the names of a famous person
How to protect yourself: Try pinging them from an another ID of theirs (say if scammer pinged you from Telegram, drop them a message over their facebook ID) and ask them to check that message. This would work as a Two-Factor-Authentication for that personality.

Type 5: Malicious code Trojans - Like Wordpress or Chrome plugins, that would use your machine to mine for crypto currencies, using your machine for the same
How to protect yourself: Try not to do plugins or replace them with cloud powered services, OR, Install only trusted plugins, with loads of reviews maybe. I wont be surprised if these trojans take shape of free downloadable games or cracked softwares downloadable for desktop or your mobile.

Type 6: Online Seed Generators (contributed by: tosindesign)
For some wallets (eg the IOTA Wallet) you have to set your own seed. In the case of IOTA, this is an 81-digit password that must consist of uppercase letters and at least one 9. Since some did not want to generate a password themselves, they resorted to online seed generators. These generate you by mouse click an 81-digit seed. However, as it turns out later, a few of these seed generators also stored the generated passwords, The stored seeds were then later used to steal the assets of the investors concerned. You have to know that the seed is something like the master key that allows all credits to be transferred. A thief does not even have to have access to your computer on which the wallet is installed. The seed is enough to access your balance on another computer.

How can you protect yourself?
Never use an online seed generator! When generating an 81-digit seed, all you have to do is push 81 random keys on your keyboard.

Type 7: Phishing website attempts (contributed by: tosindesign)
Scammers would copy exact replica of the websites (wallets, exchanges) and try to get you to login, thereby recording you password. For example, the page Blockchain.info was copied to get the logins. You have to know that Blockchain.info also offers a wallet service where Wallet could save your bitcoins. If Google users searched for “Blockchain info” in some countries, they ran a Google ad that led to Blockchaina.info, a cheat site that has nothing to do with Blockchain.info. The site was a 1: 1 copy of Blockchain.info and was only designed to get login information from users. There are also similar attempts to MyEtherwallet.com and other sites.

How can you protect yourself?
Never click anywhere on a link to a page where you want to log in. The best way is to bookmark the pages and just go over the web pages. In addition, you should always look for the SSL encryption. There will not be a page that stores important data from you and is located at http: //. All pages should now be encrypted SSL and have a https: // domain (although the pages can also be accessed at http: // they will redirect to https: //). The SSL certificates will also show you every browser, for example by a small lock symbol.


Type 9: Used Ledger Nano (contributed by: tosindesign)
At ebay and in other marketplaces there are always offers to buy the Ledger Nano a bit cheaper. This is particularly interesting now, where the Ledger Nano S is sold out and will be available again in one month. There have been cases in the past when users bought a used ledger on ebay and the seed from the ledger was already filled out. Anyone who has not owned a ledger to date will hardly register the difference. Of course, the previous owners have also noted the seed in these cases, which then allows them to get access to the crypto currencies that the new owner stores on the Ledger Nano S.  

How can you protect yourself?
If you want to use a hardware wallet like the Ledger Nano S, buy it directly from the manufacturer and make sure that it is still original packed. The enclosed note on which you can write down the seed should never be filled.

Type 10: Airdrops that ask for personal information (contributed by: StarKay)
There are hyped up airdrops that may ask for KYC information, that may end up being used by scammers / hackers.

How to protect yourself:
Think of your personal information as an investment as well. Research who you are giving your information to and why that ICO will need it

Type 11: Identity theft via Social Media - (contributed by: darkangel11)
You have to realize what they want from you. In the end it's always your money, while in the process they may want some personal data, a phone number, whatever they can get into.

How to protect yourself: Never willingly give anything. Don't share your real social media accounts with random people, keep your email addresses to yourself and if you have to use them make sure to have burner emails. What are burners? Not necessarily emails created for every forum and project. Just emails that don't contain your personal data and that you're not using for online shopping, banking and so on.

Please add more below, or share your story.

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

  For me it's clear, from the moment BTC went to the Dow it slide down and be played by the big boys.
  More and more we see up's and down's controlled by some big players between 6000 and 7500.
  Alt coins are following that vibe, and some step out the line but be pushed in the direction the big players want.
  I ask myself who is behind it, are governments behind it that not like the BTC and want it pushed down to get people frustrated.
  So frustrated that many of us, get sick and tired of the up line pushed down already few time around 7400.
  Ofcourse we are human, and after some push down's, we want to be strong and not give up.
  But we also not want to be that person that miss the boot, where the rest break and sell the BTC.
  It's almost 12 o clock when this price will go up around 7400 again, and drops down again i see a huge drop coming.
  And the faith in going up higher, will be lost more and more. And that is what they want.

  So what are you going to do ?   Am I wrong ?      It's massive indoctrination dunn by huge selling dumps.

  We have 2 options Guys, let them play with us and let them win.

  Or show them that BTC is much stronger then some Jealous scary Government, they need to be stopped.

  We can only win this battle if you leave your finger off the Sell button.

  Succes gr Bas  sorry for shitty English   

I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:

 " like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"

I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.