Don't know if it's a good moment to buy at this moment.
The best is to keep what you have, i think, and see what's going on the next few months.
if your paper loss is small, sell at a loss. if you bought really high, like around 600 - 1000, then you have no choice but to keep holding cos you're a bag holder. |
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Sorry I wasn't clear, I was referring to actual progress being made that may help adoption...lol imo, the devs should focus solely on the tech. supporters like you should do your part in helping gain adoption, whether setting up a business, building something on top of the protocol or just spreading the word. if you're nothing but an investor/trader, then you'll have to be patient. |
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I dont get it. The lower it goes the lower a chance is it will go even lower.
The worst thing is stagnation
wrong. The lower it goes the lower the chance it will come back up and the higher the risk of total failure. The worst thing that can happen is it goes to below 1$ and stays there. This is not your average commodity. if it went under a dollar i think there would be buying frenzy people would gamble a few hundred bucks on the off chance it spikes again ...........but it wont happen so dont worry about it if it falls to under a dollar then some other crypto will take over as the ones who built on top of BTC will have no choice but to go somewhere else. |
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I've lost around 8+ BTC in crypto. Why?
Because I was stupid enough to fall in love with a coin and result was not something I wanted. As much as I like the technology I also hate how some of the coins are so volatile. I was never a big fan of "trading" but to cover my loss I was left with no choice. Anyways, if you're losing money in crypto you can use this as guideline to make some money or cover your loss.
1.) Never fall in love with any crypto.
2.) Never buy at "Asking price"
3.) If it's 3+ months old coin like SDC, BC, DRK. Monitor all time chart and get a feel of price movement of last 1 week. For example: BC has been floating around 8-11k. If you put buy order at 8k it goes through within a day or two. Same goes for SDC it floats above 21k and if you put order below that price it goes through when it dips and then it returns back to 21k+
4.) If you're trading shitcoin don't risk more than you can afford and do not IN ANY CONDITION hold it for longer than 1 week. Again, lookout if it dip. NKMT was dipped to 30 sat and it returned back to normal. Most people panicked and those who had their buy orders ready doubled their money within 5 minutes.
5.) Spread. Coins that have maximum spread can get you more return as long as you put your order at BID price. SMBR had spread of 49% in the morning. Quick money was there for those who had their eyes opened. You should never buy at ASKING price EVER!
Do not take my advice as something hard coded. Use your own brain and experience. Do not get emotional and never try to fight the market because you can't. Some people might tell you "oh this coin is for long term don't worry about the dump" I say fck em. There are only handful of crypto that have been succesful and you can see their price don't go from 1 sat to 1000 sat within a week.
If anyone else have good advice. Feel free to share it. I think lot of traders and newbies can learn from us who have been here for years.
please give us your list of coins that aren't shit coins. |
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Since most people came into bitcoin to increase their FIAT holdings, they have totally missed the point and too much emphasis is on price rather than technology. Looking over the forum, people are foaming at the mouths like rabid dogs, hoping (like a religious sect) for the price to rise. They have indirectly become slaves to the very system that satoshi was looking to fix.
irony.jpeg Majority of its users are investors/speculators (including myself) so I guess we all get what we deserved, amirite? Greed breeds more greed. hahaha LOL |
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Ethereum is about to mop the floor with alts.
I expect it to be #2 within a few months of coming out. Their development is beyond anything the alt scene has seen and their method of raising money and actually using it for development (vs finding some way to scam it out) will leave the half scam half dev coins in the dust. Their protocol is a big enough leap in time saving it will leave any of the current 2.0 projects that don't adopt it in the dust.
Guess I should've invested. Their fund raising was almost criminal by selling the 4 year pre-mine. They talk nice about other projects (and play nice) - but their development, resources backing them, and strategy is a take no prisoners operation.
true. i am excited about ethereum as well. |
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? edit: back to my questions... went to the nxt tech tree website. i think the nxt devs should focus on instant transactions and give the platform asset to asset trade capability. it's called instantDEX, is it? ... OR does monetary system allow currency to currency trading? if so, no need for instantDEX. but can currencies in monetary system be used to buy assets in the nxt asset exchange? |
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If the merchants who are accepting bitcoin payment don't dump their bitcoin for fiat right away at the market price or below market price, I think bitcoin will be stable a little bit. If they want to sell the bitcoin, they shoud at least have a little faith in it until the price reach the expect level.
no one owes anyone any favors. everyone can do, and should do whatever they like with their coins. isn't that what we wanted in the first place? |
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it is already a bear market. but yes, it could go down some more.
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fall. then fall some more. go sideways. then slowly and gradually rise. all that hopefully before the end of this year.
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Bitcoin and Next will continue to emerge and develop into a more user friendly application
the NXT wallet is kinda slow and laggy in weaker laptops and pc's tho. their devs should work on that if they want wider adoption. |
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Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though
not a good analogy. but ok. Y cos the truth is, it's far from dead. why can't people stop fudding here and just tell the truth? jesus... |
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Is dev still closed and annonymous? Then yes its dead id rather buy ripple if i want closed source crypto currency. Bitshares is good though
not a good analogy. but ok. |
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people are using only for a short term investment rather than knowing it's future applications and revolutionary potential.
let them. |
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don't fight the market/trend
we broke through important support.
You're obviously a noob-trader.
this. |
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that proposal/thread does not represent what the bitshares community wants.from the thread: This is just a thought experiment/grand scheme of world domination. Not meant to be taken too seriously. the thread starter is making a fool of himself: https://bitsharestalk.org/index.php?topic=13058.0
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went to the nxt tech tree website. i think the nxt devs should focus on instant transactions and give the platform asset to asset trade capability. it's called instantDEX, is it? ... OR does monetary system allow currency to currency trading? if so, no need for instantDEX. but can currencies in monetary system be used to buy assets in the nxt asset exchange? if so, then nxt will be brilliant! just work on instant transactions and you are a perfect (almost) platform. there will be naysayers, but you will be better than the rest for sure. GL  |
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to someone new. just hold your hard earned money for now. all of crypto is in a slump right now and could go down some more. just be in the sidelines and keep watching the market. be patient, but be ready for some bargain hunting. do not be in a rush to take a position, crypto ain't going anywhere. and we do not want you bagholding...  |
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didn't they set up a place to grow their cannabis strain? are there any updates?
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It's just like with Christmas.
If you close your eyes, confirmations go faster.
lol. but there was mention of making NXT's confirmation time to a few seconds right? if i'm not mistaken, i think it's called transparent forging? are the devs still working on it? anyway i think NXT would be way better if it was faster than the rest. The last I heard the devs were still working on it, but there's only a few who understand it and it's going to take a while to develop. Maybe things have changed since I looked into it. i think getting faster confirmation times is the way to go. then add more features later. |
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