Market is the name of different conditions which you can say Downfall and High price trend with some happiness and difficulties according to the trend but don,t feel panic in downfall trend just put one thing in mind market will go up if your coins are in downfall trend then again it will goes up,
You should have this attitude towards to falling market, always remember that bounce back will come back and the value will rise high again for those quality project, you just need to buy coins that have real essence and usage, so even downfall showed up, you are still believe that the value will go up again and it will much better after that, don't worry just believe and be patient so you can gain much bigger profits. But it is hard to find quality project nowadays. Most if the projects are good in the start but then a problem will exist when it is time for reward distribution. Sometimes, the problem exists when it is time to trade wherein the price is low so you would have no choice but to hold the coin. Market downfall is unavoidable and times like this will always exist because of the volatility of the coins. Understanding and fully accepting that we have a volatile market will help you survive this. Don't sell when you know that there is no profit. |
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Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
who told you that bitcoin has being use only as investments?dont you know that bitcoin is used now to pay chicken in Kentucky fried chicken?and uses as purchasing payment for foodball ticked?youre wrong about understanding whats the function of bitcoin now. Right, there are countries who are accepting bitcoin as a payment directly. Bitcoin is popular and it is popularly known for investment only but just like what @carlisle1 said, it can be used for paying some necessities but only in limited countries. Bitcoin as a digital currency is mistakenly taken that it can be only used for fast digital transactions and for investments only but if we will do a further research, we will found out that other countries are already using it as a regular payment. For example is in a bar, bitcoin can now be used to pay for the drink that you ordered. It can be done for other establishments also but of course, a good internet connection is needed to be established. |
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Anything can transition from being a commodity to being a currency, for example : If I manufactured toy cars and those cars were high in demand, then people would start to accept that as a payment option for their goods and services. The difference is that those toy cars are not recognized as a reserve currency, because it was not issued by a government. <According to the definition of a reserve currency>
Now, back to Bitcoin.. If enough people start exchanging bitcoins for other services and goods, then Bitcoin would be used as a payment/currency by a lot of people, but it will still not be a reserve currency. You have to see the difference and what has to happen for it to transition from a commodity to a mainstream currency and then later to a reserve currency, when politicians decide to re-define it as a official currency or even a reserve currency, when it replace their traditional fiat currency. <Only difference is, that the government will not be printing the new currency.>
In the end, the government has the final say whether bitcoin will be a currency. We all believe that bitcoin will be put into more use in the future especially when it comes to digital transactions. Bitcoin is already considered as a good investment and in the future it will be a mainstream form of investment. Though we think like this for bitcoin, it will still have to be accepted by the government and we know how the they opposed the use of it. It is not going to be easy, bitcoin is going to face many challenges and issues before it became truly accepted. Bitcoin is already a currency in digital form and even if it get accepted by the government, replacing fiat or paper money is still impossible because it cannot be printed. |
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Without having a patience no one can survive in this crypto market like it moves normally a person with a good patience can only survive in this crypto market. An impatience person who has hurry for making a profit cannot survive in this market.
This is why in the forum you will find that one of the most common strategies that are recommended is long term holding, it gives the best profits, it requires the least amount of effort but it requires from you something very important you need to be patient and if you are not it will be impossible for you to hold for the long term and if that is the case you are going to miss in a lot of profits. Many had made the mistake of not being patient resulting for them to contribute to panic selling. Learning how to control our emotions will greatly help in dealing with the volatile market. I don't know but maybe the lack of experience is also a factor for some to sell even if they know that they will not have profit from it. Patience is truly important in here and this is based from my own experience, so as as early as possible try to understand the market as well as learn to control yourself in making unnecessary decisions. |
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I was involved here last year but at first i am not interested when i heard about it because i think a can't do what they did,but after i read about some thread here i gain knowledge and i feel regret because i have not enough time to do this and that why i am like a new here.
Users have different reasons why they have joined the crypto world. For me, cryptocurrency really attracts me because I see that it has potential in the future. Especially that we are now in the digital age and moving in the age of Internet of Things, we can see that cryptocurrency has a great possibility to be a necessity in the future. True, it can be of great use in the future especially if digital money became widely accepted. It offers many possibilities that we have only seen in it and this greatly attracts more attention. As for me, I became involved with cryptos when I realized that it can really help me earn money even if I am still a student. Aside from the opportunities, Cryptos have proven itself when it comes to fast transactions. I like how it is decentralized as well as its volatility because this is how I can earn from it. Actually, cryptos are not that hard to understand once you learn the basic things about it. Studying it is just as important as a subject in school because if you won't put effort and determination, you won't go far beyond the basics. |
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If down is certainly holding so as not to suffer losses. the current price of crypto also began continuing to ride well for me still hold because too large a profit generating. holding pretty good strategy applied in anticipation of the loss and to get big results.
As for me, I am still holding the altcoin that I have because I am waiting for the price to rise. The current price might be okay for me to sell but I know that the price could still rise up to 2x higher and I also need a greater profit from it. Since the price have been on dump for a few months, I have no choice but to continue holding because I am going to lose what I am supposed to earn. Altcoins are showing recovery from the dump as well as bitcoin. Bitcoin is the leading crypto and what happen to it is affecting the altcoins. |
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Bitcoin for the past few months have not been spiking again as we experienced in 2017, the price has not gone beyond 12k, my question is that is the price now stabilizing?.
No, the bitcoin price is not stabilizing and this is just a market crash which have taken much longer than it usually does for the recovery of price and from my experience this will take a few more months to recover the previous highs. Right, what is happening with the bitcoin price is nowhere near stabilization. I do really think that the word stable is not for bitcoin. It had been established from the start that bitcoin and other cryptos are volatile. For years, we have seen the prices jumping from different prices and fluctuating down or up. Hoping for the prices to be stable is like hoping for nothing and besides the volatility is where we get profit. We just have to understand and learn how to make profit despite the volatility. |
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certainly it is to get money of course, because with us doing the trade work that we can get money and train also patience when the price of the goods is down
That's right, with trade we can make more money than the capital we develop. but it can all be done if we do it right. such as researching every coin we will sell and always controlling emotions. And much better than this all is to learn them first. By learning you will come to know how to make the scenario suitable for you. How to customize things so that your output can be best for you. Many people don’t cater this point and start trading with so little knowledge but if the case is inverted and better basic knowledge is already known, the results can be so positive and satisfactory. Some people just don't understand this basic step of studying first before trying. Honestly, the population of traders are growing but effective traders are not. This may sound rude but not all who do trading will be good traders, there will always be people who would get tired and stop because they are not getting profit. Basically, we do trading to earn money and make a living but we are required to learn things about it in order to succeed. It may not be easy but once you get to understand and have a strategy, good profit will be yours. |
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Well, after the correction of almost 65%, I don't see any possibility that will reduce the Bitcoin price from this point. However, there are some smart investors who are entering in the market now slowly and I believe that the price will not only recover but also it will hit a fresh all-time high level in this year itself. No doubt, big whales and institutional investors will come again to exploit the opportunity.
Well this had been happening for years and we really hope that this year will be the same. Anyways, bitcoin is showing a good recovery for the past weeks and this helps in making the bitcoin heist more exciting and challenging. Investing could be frustrating because of the playful fluctuations but knowing what the volatility can do, we could earn more than what we imagine. Bitcoin is starting to increase now and we shouldn't lose our hope easily anytime bitcoin price goes down. |
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Play in gambling and investment? it's different. if you want to invest it will be better to invest in cryptocurrency and hold them for the long time
there are many of altcoins is have a huge potential to get a profit than play in gambling, it is very risky.
Its true gambling is so risky compared to gambling investing, gambling need a luck before you can win but on investing on cryptocurrency you can gain profit so easily. So their are big different on gambling and investing. I might be having a little bit different opinion than both of you in this regard because gambling and investment for me both are the travelers of the same boat and no one can confidently say that investment is more secure than gambling or vice versa as both of them are having equal amounts of risk in them. But investment only has got a good reputation than gambling that’s why people go for it. Well i'd have to disagree. Gamblers are travelling on a more turbulent waters compared to investors which sit a little safer and closer to shore. Everyone will tell you that these two can only be linked because they have uncertain outcomes but the risk in gambling are different from the risk when you're investing smartly House edge ensures you will always lose in the long run with gambling (it is possible to seem to be winning in the short term, however), whilst there is really no equivalent in investing. When you're doing either, however, don't put all your eggs in one basket. Diversify your investments and don't gamble all your money at once. Gambling is meant to be for entertainment anyhow. People are mistakenly taking gambling as a source of income. Gambling is meant to be games that will entertain us when we are bored and people shouldn't treat as like a job. Possibly, there will be more losses than winnings in gambling. You might luckily win a game but that doesn't mean that you will also win in the next game. Gambling and investments, if you want to put your money in a better risk then choose investing. |
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Recently, the crypto currency has begun to become more popular, and there are fewer good projects, among which there are still a lot of scammers
Yes it become popular because these Ico projects also contributes to be wll known this crypto. There is a must regulations in order to have a legit and worthy project and lessen the scams Ico. I think these could help to increase the trust in projects. For the past months, I have been on campaigns that turns out to be scam in the end. It is very hard to find good campaign now, I don't know if it is because of the bad news circulating about bitcoin. What I know is that things are getting rough finding a campaign that the payment will be worthy of your effort. Trust is really hard to build and some people might be getting disappointed with the campaigns today and campaign managers are the one getting all the blame once the project ended up badly. |
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It is easy to earn free tokens and trade it for money through Airdrop campaigns. All you need to do is sign up the informations about yourself that the bounty's needed to qualify for their airdrop and be eligible for their rewards. They also have requires tasks that you're going to do , you only need to read it and follow the airdrop rules.
This is just for receiving the free tokens from the airdrop. In addition, you will have to trade these tokens to turn it into fiat money. Yeah its easy to participate in airdrops but not earning from it because not all airdrop tokens are profitable. Most of it doesn't have value and is not available in the exchanges so they only became shitcoins. I used to participate in airdrops before but I give up once I saw my wallet only getting shitcoins. |
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Always it is necessary to diversify risks.
I think you should putting not only in bitcoin, but also in other spheres of life.
Allow for me the cryptoindustry is a hobby, if you have a good project in offline - why don't? it is worth developing it and to invest in it, like in your own hobby)
Treat it as to a game while there is no strong regulation in the sphere of cryptocurrencies - it is the wild West where it is possible both to earn much, and to lose much, you shouldn't go to all in.
both of these investments are important sources of assets, if we focus on both and their opportunities to unite in the use of an allowable currency system will greatly assist us in diversifying those risks. I do not want to focus on one party first because concentration in various business sources is the most important for the sustainability of active profits. I say invest in both if you can! Investing cryptos holds a lot of possibility for future wealth especially if crypto business continue to grow while investing in real estates mean much more stable profit in crypto earning. Some people might be able to afford investing in both cryptos and real estates some can't. Just like what @youdacapt, focusing on both offers great opportunities in terms of financial. Both can be handled at the same time if one knows how to exactly do it and if he is willing to accept a much greater risk which both type of investments hold. |
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Since you are still new in crypto world its better to gain knowledge first on how things work here. Trading and investing is not easy as it seems because you have to be knowledgeable in what you're doing, those people who earn bucks by that has a long time experience and aware of the rules that need to abide when you trade or invest. You dont need to choose between job or crypto if you can manage your time well, actually im doing the same. I have a work and earning extra income by joining in bounties and trading coins and so far its good because im financially stable. I believe if you want to achieve a better life dont just stick in one, if there's an opportunity then grab it but in your case its better to choose real job first, then continue to learn in crypto world.
True, people must not decide right away to leave their jobs especially if it is paying good. Both regular jobs and crypto earning can be done on the same time through time management so we do have an option not to choose for only one. It is possible for some people to use crypto earning over regular jobs if they will earn more through going full-time on cryptos but of course, if you are a beginner, this will not be a good idea. Knowledge is everything and very important in here and those who are already earning good have a lot of experience already and have a deeper understanding about cryptos. Rushing things out will not do any good. |
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I am sure that bitcoin will continue to grow although for now, the price is down again. I think in every level of the price, bitcoin trying to get stable and when the price reaches the highest price and then it's down for a while, it just to make the price stable and the price is not down too deep again. but I don't know because the price is unpredictable and it makes difficult for us to predict what will happen later.
It is already taken that the price is very unpredictable because of the volatility but still there are people who are hard-headed and will be emotional with every changes in the price. They get easily affected which leads them to make wrong decisions especially when it comes to the time of selling. There are many ways to earn cryptos here but no one can succeed here without learning and understanding how a specific method is done. Bitcoin price will always change because it depends on the supply and demand of users. Don't get excited too much with a pump because it will likely go down to have balance. |
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Bitcoin is complicated for new users, but as time goes by bitcoin does not become complicated, but it will be a lucrative thing, it all just takes process. True, bitcoin must be easy to understand but earning it takes a little more. We all went through that stage where we have many questions about bitcoin and other cryptos wherein most of us will rely on getting the answer through searching in the Internet. Some might have known someone who have known bitcoin for a long time, must be earning good already and is willing to share what he know. Researching and having a mentor will both be helpful to understand what you are going to do here. As for bitcoin, I also think that it is only complicated when you are just starting but I also think that sometimes it is the person who is making things complicated with bitcoin. There are people who thinks that what we do here is very easy and once they try it, they are very eager to earn and will likely rush things out. |
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I do saving money in the bank and my atm, pruchase the goods needed especially our clothes and foods. All of this i'll do because i want to help my family especifically about our finances and i believe that everything they give there is a replacement and i want to make them even more proud because of what i do and help that's all i want to hear from them.
In short, what we have to do with our new found wealth, and that is crypto earning for me, is to manage it as wisely as we can. We should spend it on important things only especially if you are just starting in here. Once you experience earning big, you must not stop but must strive harder because that doesn't mean that your next campaigns or bounties will give you big rewards also. Do not take crypto earning as a joke but treat as a job/work already, not all people are able to succeed in here and understand what cryptos really are and their used. |
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This is my list:
1.For time management and productivity,use the Pomodoro technique or the 5217 technique (google them,if you want).
2.Read the best 3 books about forex trading.I`m not going to recommend you any books,just do some research.
3.Find a mentor,who is willing to provide free info about his trading experience(tips,tricks,mistakes,failures).
4.Learn technical and fundamental analysis.
5.Learn how to overcome the frustration and panic,when the market crashes.
I greatly see myself in your list, I am not a pro trader that's why I'm not closing my door to new strategy and techniques in trading. For me the best thing I do is monitor the market on when to invest and trade. Everyone must have their strategies of earning in here, whether it is for time management and financial management. For me, the most important thing here is to do our own research. I was once a newbie trader and I am not saying that I am a pro now but for the past year and months, reading had helped me survive in here and in trading. There are people who thinks that earning bitcoin is that easy when the truth is nothing comes easy in here. We do hard work in order to earn money and like a job, we allot time and effort doing our best in order to comply with the requirements. |
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Bitcoin could be set for a dramatic rise in value by the end of 2018, founder and chairman of investment firm LDJ Capital, David Drake has predicted.Speaking on the future of the cryptocurrency after the First G20 Meeting of Finance Ministers and Central Bank Governors of 2018, he told Bloomberg that it had been “a cold winter.” By year end, however, he said bitcoin's price could reach $30,000.
In 2018 Bitcoin can enrich its value by enriching the people all over the world. In the global market Bitcoin is the number one popular among those currencies that have gain attention and interest of people in a very short interval of time, in other worlds Bitcoin is the emerging technology among all the cryptocurrencies. Its value can hit even higher from its previous high jump. Probably because bitcoin is the crypto who have made the strongest standing point of all cryptos. Bitcoin is already popular already but as years passes by, the population of bitcoin users, earners and enthusiasts continue to grow. Bitcoin technology is slowly being implemented by businesses and I strongly believe that this will help to make bitcoin more stronger in the future. Without doubt, bitcoin will continue to rise and stand even if its name got dragged by bad issues regarding financial management and investments. Of course, some people or groups of people will still doubt and opposed the used of it but the number or rate for acceptance will be bigger as time goes by. In the future, Bitcoin will be put into more use that is, without doubt, will be helpful for all of us. |
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