KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?
Nobody talks about crypto in my country, they are not saying whether it is legal or illegal, but since people are using it without the government making any attempt in stopping them from making use of it, then I suppose it is very legal. There are lots of people who make use of crypto in my country and there are even shops where you can walk in to exchange bitcoin face to face for cash. So if there is any ICO that would try to prevent people, my country is not on the list of those that are being stopped. |
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You can trade without bitcoin. You can also invest in coin that has low value and they are stable but have a potential for future development.
Your comment is on its own place but why we choose Bitcoin is due to its high profit generating power that is not present in other cryptocurrencies. For huge profit you will need to invest in Bitcoin which is available high in price however we can benefit more in its low market by using fewer amounts and have opportunity there to make large collection. Other cryptocurrencies cost you less but their profit is also lesser than that of Bitcoin so we even can not compare these less valuable coins with the Bitcoin. You’re right, but you’re missing something. We know that bitcoin can bring lots of profit more than any other cryptocurrencies but have you forgotten that you can also lose money the same way if you are not careful?🤔 well, you are still right. Bitcoin is the best investment to make, but you have to study it very well and underhand how it works and the risks that are involved in it. |
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Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
Meeeehn I’ve been quite a lucky person all this while. I just buy in and hold till I gain a little profit and then I sell out, and wait for another little dip. Apart from that I also made huge profit last year, that kept aside, I have also continued with trading and Hodl which I use to draw in a little profit to myself as of now, though I’m looking forward to going full time Hodl from now till the end of this year. |
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Guys, I am rather new to trading. Initially when I did get into crypto currencies my idea was to select a few coins and HODL until their value appreciated and maybe cash out some tokens whenever i am in need of money. Little did I know I was in for a big surprise few months into crypto currencies the market was so volatile.
However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
Choosing the right strategy is the basis for Bitcoin trading, because the price of Bitcoin can change every day, this daily trading aims to find a quick profit from the movement of Bitcoin prices in the short term, so you should pay attention to support, resistance and moving averages to make sales or purchase. It is definitely not an easy task to tackle or trade with an asset which is known as the most volatile currency of the world. To be very honest, bitcoin can only be understood properly if a person spends almost half a year and learn all the price changes. It is vital for trading successfully in this asset. Without patience, persistency and hard work, bitcoin trading is harsh. |
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I'm all about people making huge profits. No problem with that, as long as they are operating in voluntary ways and not harming anyone else. That said, traders are making profits off of volatility. They do well if it goes up or down, if they know what they are doing and how to short the market.
People are always interested to talk about others. They are made for this as you and I are doing this though. So don’t bother anybody they never stop blaming bitcoin. For the reason, trading is fantastic job with not that much complex structure. This is quite easier than others. So just learn about coin that you are going to trade with and start practicing on demo accounts. |
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Bitcoin has always dominated the altcoins, but I believe that if the coin has the strength it will always be in good condition and it will be able to bring a good profit even during the period of maximum bitcoin. So you made a mistake in investing.
First of all, I want to clear one thing that bitcoin is not crushing anyone and secondly, if anyone holds this thought that altcoins can survive on their own or capable of surpassing bitcoin then they need to take some time out of their busy schedule and read the history of crypto currencies and digital market. At last, such fall downs are usual of digital coins. |
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Ethereum is being blamed for all the ICO failing. What a shame.
Ethereum had been the number one altcoin for a long period of time and now that it is not in good condition, which is also due to bitcoin, I think criticizing or blaming it won’t be right at all. Besides, it is not like the end of eth. Sooner or later, the whole digital market will rise and ethereum will set a new target. As far as ICOs are concerned, these are ridiculous. |
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For me, it's better to invest now in ETH or BTC because as of the moment, their values are in a low level compared before. And if we hold it until the end of the year, surely the profits will be much more to gained and possibly can helped and improved our financial status in life.
In my opinion, investment in ETH this time is quite risky, prices are down 20% compared to yesterday. Any chance for us when prices continue to decline today it surpasses the resistance and support I can smell the threat of investing in ETH now. The fall in the price in the past few hours has raided eyebrows and has reduced the investors’ interest to invest further. Though its technology is effective in long run and can benefit one extensively, it will be against the rule to invest now and the rule is to get instant profits in the market. In long term investment, no matter how down ETH is now, It will recover with the passage of time and will bounce back to reach Bitcoin irrespective of the current market price. |
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Nobody knows this right now. However, this year seems to be an upward movement. We are still hopeful.
That is one reality that it is not easy for the people to predict the future price and to say whether or not the market will be low or high. The bear market will only end when we have a rising price in the cryptocurrency and that will be possible only if the number of participants for Bitcoin investment increases. On the other hand if the participant rate decreases more and more then we may not go out of this market. |
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I think good learning and training is necessary, the risk is not necessary to make a big profit if you work with a good mindset good observation and by gaining good training from right persons than it creates you easy to get profit and a wide range of chances to earn a big profit for you.
Training and building your skills in important for positive results that is why we say that before starting anything you must have knowledge of it. It is for convenience that helps you out in making right ways for your strategies that make you survive in market. Conversely if you do not have knowledge and you enter into the market will be the biggest mistake and you will get bad consequences of your attempt. |
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I would say that mining is less risky than trading, but by successfully trading you can earn more money than just mining any coins
Well that depends upon the cost of mining and the type of coin you are trading. It the cost of mining is low as compared to the gain in the return that you will get later upon selling the coin, you are well off mining. However if the trading a coin is good in maximizing your stock of money, it is good to trade then. Right now, I am not in favor of trading because of the down price which give away low price. I would rather hodl right now and trade when the market price rise. |
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I just check the prediction market but i go with my analyses report and do bets. prediction market i take as support for my bets whether i am upto the mark or not.
We can not rely only on predictions in making any decision because market shows different turns and potentials so we always get uncertain prediction value when we reach at the actual value that clears the uncertainty with predicted value. Furthermore we should always look for benefit that will be on our side of having a well time here in any cryptocurrency that will make you safe from problems and complications. |
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I think, if you want to invest then this is the time, you don't have to wait anymore because now you can buy at a cheap price and the price will definitely recover and rise again
Yes this is the right time to invest because of the low cost of investment and recovering market condition. This is the time when you can actually play the first trick to maximize your future profit by investing low in coin that can easily give you x3 when the market is on its peak. Besides, the diversification of assets is another good way to minimize the loss and get your profit maximized by earning in more than one asset in the crypto market. |
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I do not agree with this strategy. Agreed Holding bitcoin is profitable but there are altcoins that will bring in much profit many times over within the period of HODL .
Exactly because you sell altcoin for Bitcoin when you do not have enough margin of profit to earn in altcoin. But since we have a rising market in the near future and the worth of your altcoin can rise high as the market rise, you should not sell altcoin to buy Bitcoin and should rather hold both in the same time to get your portfolio diversified. This will also add value to the worth of the portfolio and decrease the probability of loosing money. |
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I don't think crypto should be regulated at all. Finally, we have a tool that can make these regulations, tariffs and taxes obsolete and expose how useless and harmful they are.
Yes, if somebody starts regulating the cryptocurrency, it will turn to something that will not differ a lot from fiat. Everybody is happy with the crypto as it is decentralized. That is a very valid point you made. It will not behave like an independent unity but will rather be regulated by the authorities and will loose its importance and its charm. Besides, there will be this element of uncertainty among the investors about the implementation of taxes on the earning that comes form crypto and majority of them just would not invest their money anymore. Risk is inversely related to the demand for crypto and can push down the demand for a crypto after any such policy is implemented that disturb the value of crypto. |
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I will invest these in bitcoin because bitcoin is relatively cheap and return on investment in bitcoin is high in shorter period of time. My second option will be ETH because it also has the potential to grow and can give you profit in long term.
I totally agree to your concept of investing money in the market but I would not go for the option you have chosen. I would rather go for investing in coins with low price like ETH and Ripple as well. With the said amount of money, you cannot but a Bitcoin but only a fraction of it however you can own ETH and ripple which are good for long term investment and can grow big in value. By the way it is entirely a subjective matter. |
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maybe for me bitcoin will not expire with other currencies because bitcoin stays with its cryptocurrency.
In my opinion, a currency lasts longer and does not fade away as long as the demand for the currency is high. With the passage of time, other coins having good projects on their back will also surface but they might not be able to outshine Bitcoin because it has already captured a big portion of the market around the world and even ETH, which is thought to have advanced technology than Bitcoin, has not yet reached that level, I do not think any other currency will in future. With the passage of time, we would be having technological advancement in Bitcoin as well. |
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I am doing this strategy if ever a bounty campaign already sends me my tokens or my coins then I sell it and buy Bitcoin because I am a believer of Bitcoin and it's power to give us more profit if we just believe and trust the never-ending change of market price in Bitcoin but hopefully it will pay off with much more profit for us Bitcoin investors.  That is a nice way to handle risk when you have a diversified portfolio. I rather look at the prospect of profit I am able to earn give a coin. If the ration of profit that I can earn at a point in future is more than that in Bitcoin, I would go for altcoin because the only quest is to maximize your profit. However if the case is opposite, I would keep on holding my Bitcoin and would add an additional number of good altcoins to my portfolio to for future benefits. |
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Many people say the government is not interested in cryptocurrency. Many people think the government has prohibit crypto to protect investors from risks. Maybe in your country, that's true. But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits.I'm not afraid what they do. Because we have many ways to fight them. But this world is not as simple as you think.They can kill you if you are demonstrating. You can ask any vietnamese that : Do you support your government ? I bet 99% answer is never. 1% remaining I'm sure they are goverment employee or their family.  You will need someone that is living in one of these developing countries to tell you what they are facing. In fact the government every where are evil, they are very bad and one thing I hate most is racism, lol… that makes seem bitter😂 but government are not the kind of people you can trust. I know there are good people in government, but many in there are bad. Just like in the third world, the government are mostly criminals and all they are good is stealing from their people. |
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Funny post. This doesn’t even make sense. How did you know that he was paid to trash Bitcoin? Who told you that and where did you read it from, and which company paid him to trash Bitcoin? Most of you all are fond of jumping into conclusions on whatever you see without making proper research or trying to understand what really happened. What if he just took it upon himself to kick against Bitcoin? So you now believe that whoever kicks against Bitcoin is getting paid. |
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