Well I don't really care about my crypto after I die besides my family could use it, My wife and brother knows my wallet password and all of the things I have in crypto they also know how to trade so I don't have a problem.
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It is true that after a few years plenty of people would use it, The question is what crypto should you hold which one would still have a value in the future?
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I don't think that it would really be 100×. We all know that when a coin is being promoted by other they just want to pump the coin. But who knows only time could tell.
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Yes I still believe in crypto , I am still waiting for it to get back at it's highest price and to pass its current all time high.
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It is hard to fight a scam ICO, First we don't know if they are scam or not, We would only know it after the ICO or if they have a fake profile.
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For me the most promising alt-coin to invest in 2019 is Ethershift, They have a good trading site like shapeshift.io but it only trades erc20 at the moment and they also have a well known crypto influencer John McAfee. And the 50% profit from their site would be airdrop to the ESH holders.
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Let the bear sleep, and the bulls to run, The bear have been enjoying its stay at the market I think it is time to let the bull run free.
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Not right now, But I am planing on holding some EOS since there are so many gambling sites that you could use EOS to earn a passive income.
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Trading,Mining,bounty and offering your skills in crypto related works, That is the only way I know on how to earn in crypto.
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He said he bought $60k worth of crypto at the all time high and spent it on expensive items and some questionable things if you read it on his reddit post below. https://www.reddit.com/comments/amctmrI dont know if I believe him but I can see it happening when the hype was there back in december 2017. Crypto can be addictive and can buy things more easier then if it were real money because of its high volatility. Excerpt from the post "I got into cryptocurrency Jan 2017 with about $60k (invest over the period of Jan-March). By December I had over $1.6MM, while having pulled out 400k in '17 and another 300k in '18. Basically, after paying/setting aside for taxes and the crash, I had about 480k and 150k left in crypto, as well as having recouped my initial investment.
So, what does a 27 year old guy do, you might ask? I spent March '18 to August '18 traveling the world and blowing cash like a mad man. I didn't buy many material things (besides some clothes, random shit around the house that I needed, etc.), I spent it all on experiences. Traveled to over 25 countries, stayed in nice hotels, ate at the worlds finest restaurants (literally)... and... got addicted to hookers.
So I've had sex with maybe over 100 escorts. High class ones, famous porn stars, and one street walker who caught me off guard at a bar while I was hammered. I've made over 15 pornos (two with VERY famous porn stars), maybe spending a total of 140k on hookers in '18. It was AMAZING, and I basically have the best jerk off material I could ever get my hands on for life." etc I am wondering if you would be so careless if you spent $60k and ended up with $1.66 million after cashing out? I would think most level headed people would use it and invest it instead so it makes you more and doesnt run out like it did for him. This would be more or less the most common sense thing to do for most people. Wouldnt you agree? I think I would only cash out what I needed at that time and invest the remaining money into other crypto, I would definitely buy a house and a car for sure and I would open up a business to have some back up even if I leave the crypto behind.
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Well we have the same dream when I first watch the movie titled "In Time" I thought that maybe in the future we wouldn't use Fiat we could use other type of payment , Then after a few years I found out about Bitcoin, First we could just pay with our phones and maybe in the future Nano ledger or trezor could create a wristband wallet and some company would create a machine where we would just swipe our BTC wallets for the payment.
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I don't think that the price of the coin has an effect of your profit, No matter what the price of the coin is even if you bought plenty of it what matter is your capital, Just think about it for example your capital is $1000 and you bought some low value coin worth $1 with the half of your capital so you have 500 coins and you bought a token worth $500 so you have 1 $500 worth of token and both of them got pump up about 5%. So from both of them you would received $25. See it doesn't matter how many coins you have you would still receive the same profit . And also not all of the low value coin could pump up so it is a risky investment.
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Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
Legal job ? What kind of job would they offer? As I see the only job that they could do is if the person have a knowledge about crypto's and skills but not everyone have it? Trading?Mining? I don't think that the unemployed person could get a profit from it because they also need a capital and for sure as time past by that capital would be used for their daily needs, So for me I don't think that crypto could help the unemployed unless you are reffering to bounties which is not so profitable right now, They could only earn in crypto by their skills and I don't think that they could get some job because right now we already have tons of people doing it.
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I don't think that it is new specially in trading , Whale's always get more because they have strong hands and they could just buy more since they already have so much money.
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I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.
I know for a fact that most of you know this situation and are guilty of it, price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
For real? You would blame the bounty hunters for the price drop of the coin? Look at the percentage of the bounty reward do you think that 2% would really drop it to the bottom? And not to mention that the 2% is divided into the bounty hunters which is plenty of people and do you think that all of them would sell their share? Come on don't blame the wrong person stop pointing it to the workers, As a bounty hunter we work to get the share we also feel the effect when the price drops down , Open your eyes how could a small portion of bounty make a huge effect on the price ?
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Investing in a shitcoin is like gambling it has 50% to grow and 50% to die, I think you should be thankful for the small profits that you gained even if its just a small amount, Other traders have a negative portfolio so be thankful for your past 18 months you still have a positive portfolio.
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Hello. I need I suggestion, because I just started trading. I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it? BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)
Also I want to invest 200$ in crypto right now so you can suggest me something for that too.
PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.
As a trader I think it is best to try it first with a small amount, And don't just pick some crypto because a fellow member or friend suggest it, Do some research first and if you think that your investment would be worth it then go.
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It seems to be going up and not coming back down again.
Well I think the market didn't move too far from the date you posted this up till now, So for me most of us didn't miss the chance .
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I started trading with only small capital and I think everyone should do it, First just try it and learn from it rather than rushing things up and end up being broke.
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I never used any bot for trading, I think it is better to do it manually rather than rely it on bots, You should always remember that you should LEARN before you EARN, And by using Bots you wouldn't learn anything.
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