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Keep buying when price going down. I know crypto trading is not the same with forex or stock or other that we made money though price is keep going down. Daytrader just watch the market if keep going down.
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Patient is one of way to control emotion. And also experience will teach you more then just reading.
If you feel really bad when you see chart front of device, better you shut it down.
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Bitcoin is just virtual money, so not gambling. Maybe some people think trading bitcoin is gambling, but if so, trading forex is also gambling. Gambling is just depend of luckiness without analyze. But trading bitcoin is not just lucky.
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I believe that existance of bitcoin has increase the cyber criminality but not in all country.
But this case happen is not all because bitcoin but some other reason too. So we can not blame all to bitcoin.
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Yes bitcoin has future. I believe bitcoin will stand exist longer than everybody thought.
Bitcoin as we know that its stronger than we ecpect.
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
In some country i believe that you can buy some food in future. But not in all around the world since not all country accept bitcoin. |
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We should focus in saving than sell bitcoin because value of bitcoin always more higher. Thats mean if price a little dump then it will grow up more than the highest point.
So we will get more profit if we hold for long term.
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In my opinion, bitcoin is both like asset and currency. First goal of bitcoin was built is for currency that we can use for payment.
Now its also good for investment asset that can we hold for long term and get profit.
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Most of bitcoin users from good economies country because they have enough salary to put into high risk volatile of bitcoin.
Developed country citizens also more care about technology more than undeveloped country. So thats why more users is from good economy country.
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Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
Always there is chance to bitcoin to be ending or replaced by other coin which worth like bitcoin. It could happen in future maybe i will be dying first before that happen. |
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My top two fears as bitcoin holder is first my country is starting prohibit all activity in bitcoin such trading, investment etc.
It will be no 1 of my fear.
The second is bitcoin price is going dump dump and dump till no value.
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Yes bitcoin is really secure. no one can steal bitcoin, except for our own carelessness.  The government can not be that easy to ban bitcoin transactions, because bitcoin is the future. I am also pretty sure that bitcoin is secure. The one not secure is wallet. Wallet is hackable. So we can be aware how to store wallet and key to make sure hacker can not reach it |
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I can tell you just by reading the name that it probably is a scam. Of course it is impossible to know for sure, but 99% of altcoins are pump and dumps.  Mostly mate and not all. There are some coin in ico that really hard work. They do a lot of job to develope their project. But i also agree that mostly of them are scam. |
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Airdrop is literally what the word means: coins dropping from up above Some projects decide to give out coins to users to spread awareness and promote their projects. When you get a coin you'll likely look into it and maybe end up buying more. Maybe end up buying more. Maybe some people do that but for me, i got airdrop and if there is a market then i will sell it all without no left. I think better do that than buying more. |
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What was your worst loss investing in altcoins?  When i bought etherium but forget the date and i sell for 50% loss. 50% is my worst lost. I can not think if i lost more than that. So now i learn from that. |
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Its really really hard for me to believe new altcoin on ico since new coin in ico mostly are scam. About how do i believe? I never believe them. I will actually invest to coin that has been enter to marketplace.
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I know crypto trading is one way trading. It means that we get profit if we buy low and sell high.
If you wish to trade both side you can enter to forex market since now broker provide crypto market with leverage. And maybe try binary options.
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Mostly now people prefer to trade in crypto market since the risk is lower than the other like forex or maybe binary.
If in crypto we need just patient and no limit time to hold our crypto. But binary we can MC.
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Yeah your right its unpredictable but its depends of your strategy and what altcoin you choose..
In my opinion or tips i think better to always use coinmarketcap and choose top 20 altcoin or top 10 altcoin and choose them because those are legit altcoin that you can hold for a long time.
Though you have very good strategy and have choosen a good altcoin, but you can not always beat the market. The market is always right. So i can say trading is unpredictable but good strategy and good choose of altcoin can reduce the risk of unpredictable. |
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Hello. I have a folio of BTC, ETH, NEO and some alts. I've been watching at Bitcoin since 2015 but bought only at this summer (and the last move was quite bad, I bought some BTC for $4600). I try to study, watch vids, read forum and twitters. Chris Dunn has a vid on the topic but nothing really specific. I'm interested in some ideas about what to do when prices are falling. Sell alts and hold bitcoin? Short? (and if yes, so the next question is how to learn how to short?).
If you have bitcoin and you convert to usd, if price down maybe you can try another option like trade btc with altcoin. Maybe you can cover your lose in btc from altcoin. Actually patience and holding are the best way. |
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