If bitcoin will gone, I can say that other coin can survive in this because they have a great opportunity to deals with the investors but everything is not going easily like the process of dealing it after bitcoin gone.
I dont think that the other can survive when the bitcoin will die or will gone in this world, i am a fan of bitcoin so when the bitcoin will lose it's popularity and it will gone there is no doubt that the other coins will also die because people will not invest there money anymore. I think yeah because Bitcoin and the other coins are not from one family and are different technologies. There has been a good market demand for the rest of the coins as well and not only Bitcoin. Having said that we can now say that even in the absence of Bitcoin, the rest of the coins will survive and a rise in the price might even occur. So better start holding or investing. You never know what happens next. |
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What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
Trading is a risky and profitable business and one of the major problem with success in trading is your trading capital. If you want to trade well with good money management and be successful then you should begin with between $500-$1000. But you must still need to be careful. There should be no policy like the quantity or enough amount to start trading but the major factor is of knowledge, if you follow the knowledge your trading will be successful and conversely you will be busted. A person with less knowledge when invest with huge amount and after investment the handling and decisions are false then this is in loss while that of a person with knowledge and less investment will be successful. |
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There is no best time on playing gamblig, it is like you are saying that there is a best time to lose your money lol. The only best time to gamle doesn't exist, the only best time that we have to is when we are always preventing ourselves to play gambling because we know what would happen to us if we engage in gambling. The money that we are spending on betting is so hard to earn yet it is so easy to lose in gambling, ironic isn't it.
We must find another best time on doing other things that is safe, there is a lot of things out there where we could make profits in a most safe way.
Of course, there is the best time when you playing gambling, the perfect time that you have an extra money that you can afford on gambling activities. Gambling also we can consider this as a higher risk compared to another type of earning money in crypto. Whether it is won or lose but still it depends on your luck, not for the best time you want. First of all, if don’t think there is anything like extra money. No matter how rich a person becomes, no bit of his wealth can be called as extra. If this was the case, then Bill Gates has a lot of extra money. Even one of the richest guy of world does not go casual with his capital. but still is someone feels like too rich to be okay with, instead of spending money in gambling, he must give that away in charity or so some other social work for the welfare of society. |
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I don’t understand what joy gamblers feel when they gamble because gambling is not a fun.
for you gambling is not fun but for them gambling is fun because they can either win or lose and losing doesnt matter to them because they can afford the lose and they find gambling like a past time i think. People who have money will not bother much and they won't care how much money they are loosing in gambling. They treat gambling as fun and they won't consider whether they are losing or winning. So what you say, what we should call them? Either we would be giving them spectacular names and crowns to place on their heads? No, a big no. reason is, these people are not thinking over themselves and their families. They become greedy and their greediness don’t let their mind even leave them out from casinos. Their whole life become to earn big money that is just a mere dream. No doubt that winning will make any gambler rich and that too without doing anything. This is the best that can come to any one, becoming a millionaire with zero efforts but that is one side of the picture which can also be considered as the unreal or imaginary one. In reality, this game is all about becoming a beggar. A Peron will lose his money within a blink of an eye. Money which he earned by spending hours of work. |
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to invest should be adjusted with the amount of money you have and each person has a different investment, I started with a small amount so I will learn from the investment
You know what my friend, it is not the amount of investment that actually matters but the place where someone has spent his money. A person who had, let’s say, 10k dollars and spend all of it in Centra would have been scammed by now. At the same time, an investor with an amount of 1k dollar would earn some good profits if he invested that in bitcoin or bitcoin cash. So the choice plays a vital role in the success of a person. |
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First of all, we still don't know whether the recent crypto craze is a bubble or not. Even if it is a bubble, the largest market capitalization ever recorded was around $750 billion on December 2017. Compared to this, the market cap of the Dot com stocks in 2000 was close to $6 trillion. So even if this is a bubble, it is not the biggest.
I don't care if the cryptocurrency is a bubble or not because as long as i am making money and i am enjoying what i am currently doing then i don't care to the other people if what is their point of view in cryptocurrency. I want to enjoy and continue doing what i love about cryptocurrency and for me, it is not a bubble because big companies are embracing cryptocurrencies. It’s not a bubble. Don’t compare Bitcoin with other currencies. Bitcoin has its own history and Bitcoin is a revelation it will soon gain its position again. Ups and down are involve many times in Bitcoin but it will works soon. Buy it on low market value and sell it when it reaches on top. Its all depends on market value. Think positive about Bitcoin it has potential and will go again. There is no comparison of Bitcoin with other currencies its price is unpredictable. Future is all about cryptocurrency believe in it and be positive hold your Bitcoin and wait for the good market. You can only know the exact nature of the bitcoin when you will be having enough of the information regarding this coin and that you have a fair idea of how things work on the world of the bitcoin. There is no point of listening to all the rumors which are being spread by the different people and that is just because to being down the market of the bitcoin to buy the bitcoin at cheaper rates. |
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Lols thats how the market price cycle goes. The price of Bitcoin and other alts are based from its investor's emotion. When we afraid to lose the trade, we sell. Or when we afraid of getting missing out we buy. Veteran traders knows when to sell , when to buy and when to hold. Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
It is a very common principal that the market value of the any of the crypto coin greatly depends on the demand of that specific digital crypto coin in the international market. If the demand rate will decrease and that the panic selling is also one of the reason of decrease in the demand rate of any of the crypto coin, then we will surely experience downfall in the market rates. |
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If you know for sure that there is a dump happening then go ahead and exchange your crypto to the regular money. Otherwise, the market has always been volatile and we all know it will be going through changes all the time.
Well this is basically the uncertainty in the crypto business. You never know when will be the dumb. All you can do is to stay focused on the goal and invest in long run. If you invest in long run, and assume there is price stability in the market like the current situation, the worth of the asset appreciates more than enough which further depends on the ratio of rise in price of a single coin. |
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For all the time that I have been dealing with the crypto market I learned many useful things about is like when is the best time to sell my coins or what price figure it has to hit for bringing me good profit so I feel pretty comfortable with it.
It doesn’t hit a particular figure at all times, so no need to say knowing what figures to withdraw from, rather you set a target from the price rate you have invested from and know which rate you will consider a good profit for withdrawal. That’s what I do most of the times, I buy at a lower rate and set my target rate at which I’m going to withdraw, any other top up on it is a bonus. |
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The perfect time to shop. I think so, because I am sure that at the end of may-June there will be a strong market growth.
If you will ask for a suggestion from someone who is there in the world of the crypto currencies since some good period and that he has some fair idea of the crypto market, then you will get only one suggestion form him and that will be to go for buying of the crypto coins and that too as many as possible without waiting for a second as this market will rise soon and then you will not get a chance of getting into it. |
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Do you think if all areas for tokenization are used, then the ICO will no longer be used? Although maybe the topic simply inexhaustible.
I don’t think ICO’s will ever end. There are still countless areas where blockchain technology can be used. This is the start of crypto currency period and blockchain technology. Utilization of this technology in all areas will take more than a century for sure. Also there are continuous innovations in crypto world. There are many coins such as ADA, NEO, etc that are based on smart contracts just like ETH, but are technically much more advanced. Blockchain is a complex tech and of high utility. There will be continuous innovations in digital world. |
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what if we make a positive issue about cryptocurency that may make or affect the rise and fall of the market price of cryptocurency and here we are in a very big community, isn't that likely to affect globally ?
A positive information is not enough to cause any positive growth to crypto currency rather time is what is important because technology keeps growing and blockchain keeps improving. With the passage of time, you will see lot of advancement in the technology and along with it, you will also notice a lot of positive changing in this world as well. However, you can’t expect that there will be no significant change in case of the crypto currencies in the future and that they will not achieve any significant success. Things will surely change and that too in a way we want them to change. |
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To present such a scenario is how to present humanity on Mars or victory over cancer. Such a scenario is inevitably realized, it just takes time. the generation of Buffett and his ilk will never be allowed to dominate bitcoin.
Imagining the prime currency in the form of Bitcoin is our dream and waiting for the time watch the world’s prime currency that is called Bitcoin. We want it as a prime and single currency because all the others are working for the governments and that is the traditional way that will lead us to destruction one time because we do not want to go with that slow speed, will waste our time. |
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What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
I am not sure, I think the small business not ready to sell for crypto., starting up crypto requires huge fund to operate. given the volatility of the market, small busineses wont last long if have small funds. it could loss just in a short time. It is my opinion. There are two ways to enter into the crypto world and for that you have to use less money in one place and huge money in another place. The place where you use less money is the trading and the place where you use huge money is the long term investment but the outcome in long term investments is very huge that make you a millionaire within few investments in the market. |
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Sure it'll Help Us from Our life To be Easy when it comes on living
Promoting Bitcoin is a good idea. If we promote Bitcoin so every one easily understand its value and they will start investing in Bitcoin. We have to promote it every where as it help every individual financially it creates jobs and help to employ the jobless people around the world. So far Bitcoin is going very good as compare to other currency. Bitcoin is famous for its ups and down but it is also famous fir its high jump and surprising every one. |
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Yes obcourse buy low and sell high is the golden rule in trading and in the way you can earn a good profit but not only that you can also learn more about crypto. When you doing trading you need to learn to control your emotions too to avoid loses.
I am a long term trader and choose to stay in the market as long as possible. This thing has two advantages. One it is the only way to maximize the profit after investing in the coins at low price. Bought in bulk will earn huge per unit profit. Besides, I stay patient and consistent in times when the values declines. This is the time I hold my coins because if I sell them, the money I had planned to earn will simply not be there. |
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Even in Forex I dont risk my self to ride in all my entries. Good traders are not greedy, they are not riding all their investment in a single asset. Instead, separate your entries to ensure that you are riding in a good entry point. Divide your entries into 4 different parts. If the first entry has go down, buy a new entry from the dip. Do it until you enter all your entries into good position.
this shows you really have got some experience and knowledge of this profession. If also prefer diversified trading over sticking with just one asset. This mitigates the percentage of loss and helps in gaining more profit. The most important point is, buying a coin during dip. This is what majority fails at. They leave their coins when the time is best for spending money and increasing one's asset. |
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Crypto currency can not make fiat currency disappear. The Crypto currency can only supplant ordinary paper money from circulation, but it can not replace it completely. Decentralized crypto currency has great volatility and therefore can not be accepted by any state as the main money instead of national paper money. Such a crypto currency can only go in parallel with the paper money of this state.
If a state recognizes the crypto currency as the main money of its country, the crypto-alaute very quickly disbalances the economy of this state.
This is really a strong logic. Yes, a country can’t exist without its fiat money or currency even it is digital one. Right now, definitely we don’t have bitcoins to be called out as official currency in any country throughout the world. Things are quite loose now. It would take long and long time for bitcoins to be spread out to the whole world and would become the only one currency of the world. |
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Yes, it’s quite possible to make use of Bitcoin as a store for value, but the only problem is that the price, unlike gold, fluctuates. It might reach the time you want to withdraw it and the price will end up being at price rate that you want be okay with. Unless you’re ready to keep on holding till it gets to something much better, if not, then I will recommend you make use of gold as a store for value cause it’s very stable. But when it comes to gold and Bitcoin, I will likely go for Bitcoin because you’re likely to make ten times more of what you stored. So Bitcoin is not just a store for value, but an investment that yield a huge income.
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