This China news ban is still crippling other traders and still in the state of FUD. Try to buy more bitcoins and altcoin within this crisis because once this event is over, you will never know when will this chance happen again.
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You have some good picks but I will never invest in Sia and Ripple. Those other coins are going to sleep with me for a long time if I invest in it. I hope you introduce yourself in your upcoming ICO so I can assure that you are a reliable source.
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In 5 years, bitcoin's worth will be like a holy grail for everyone. Every people around the world would gladly accept bitcoin as payment for their service or goods rather than fiat. I'm imagining a signage outside the window of a restaurant or store like "We only accept bitcoins".
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Dump coins are what I always like to buy. Many traders take that oppotunity to accumulate more when it's red tide days. Just make sure that it's not dumped by traders because it is going to be delisted.
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In every market there are whales and their main purpose it's to generate pump, but also to ACCUMULATE PRECIOUS coins at a very cheap price Buying them without make noise, or rumors.. In which projects do you think the Wahles are involved' the most?
I think they choose whatever coin that they want to pump and the cheaper the coin is the bigger the profit for them. Just 1btc and the price of any altcoin will change dramatically and just a little trolling on exchange chatbox, facebook, twiiter or telegram and they're going to exit happily with big profits after the sudden pump.
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Actually, that's one of my trading strategies. Usually coins that have a greater use on the future takes a long time to pump so I take risk on new and cheaper coins to make a good profit.
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We all know that only 10% of all the altcoins does have a future and 90% of them are made to scam investors after they are pumped. I study those promising coins and they really have upcoming projects that are already on the move.
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Many coins has reach it's lowest point more than expected so yes it's time to buy. Take this opportunity to buy and give thanks to Chinese because without their recent implementations, I would have never bought my altcoins 4-5x lower than it's normal price.
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Can more china FUD affect crypto prices ?
Btcc has closed operation and many others exchange trading platforms and mining companies may close operation week to come. It then mean the FUD is not over yet. Chinese regulatory agency should come out with a regulations that will help it citizens on cryptocurrency and not trying to create or make the citizens poor by banning bitcoin operation in China. More China FUD will definitely going to affect bitcoin price. FUD usually happens. This is not new. It might be a different story this time but I assure you that this is nothing than the previous challenges when bitcoin started. Just think of this situation as a shop til' you drop opportunity.
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Siacoin is a long-term coin. This is very a good time to go shopping while it is on it's bloody days. I have acquired more than enough and only waiting for this giant to be awakened in the right time.
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Dogecoin is not a promising coin. It's just one of the pump and dump coins out there. It's just lucky that it was one of the early coins that was made and that is why it's very popular.
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My current favorites are LINDA and EMBER. It's very cheap so the risk is very low. They are both promising and listed on many crypto exchanges.
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Of course we all want to be rich in various ways we can do. Being rich is not easy, it takes perseverance, is not lazy, more directed to the target and it takes intelligence to manage finances all the efforts made to make money / income. I want to try to get rich with business, by working as a clerk in my factory now we can not get it because our wages can be limited and predictable, and now I start trying from bitcoin income but I do it. do not know what it can be .. just dream and try this hope to be my best step in reaching all hope for the future
You will hardly get a no by asking this question from anyone in this world. Everyone dreams to live a comfortable life having enough money in order to fulfill his daily based needs. And there I no harm in it. Everyone has a right to think so and do something in order to have what he wants to have in his life. Yep! It is in human nature that we are highly attracted towards lavish things, we aspire to live luxurious lives and as you said, there is nothing wrong in desiring for all these things. We all have such high aims and goals in our lives and to achieve them we sometimes work hard, or seldom use wrong paths as well. Life has no meaning if you have no goals and being rich is one of them. But I don't agree that all people want to have so much money in their banks, pockets or whatever they put it. There are still a lot of people that are already satisfied knowing everyday that they have food on their plates.
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My biggest problem in trading is that I was too brave to buy altcoin at a high price, and because of that I often lost my btc, even once I lost 50% of my btc when I bought altcoin at a price far above ICO.
So please give me feedback on this, what should I do?
Don't ever ride a hype coin and especially at the peak of it's pump. Always do your own research and avoid trolls that says this coin or that coin is going to the moon.
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Very emotional. You need to think that most people experience failure before they gain success. All traders have been through that but only motivated people will be left to win.
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or may be buy low sell high ?
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
I know. That is the most common newbie mistakes. They are so excited to start when they found out that you can make more btc with it. They start rushing and and started trading coins that they just heard from trolls and pump groups.
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Which is the best way to promote products or refferal links? Social media and forums is total shit,no one interested in this.
Social media is the best when it comes to advertising. Perhaps you are doing it in a wrong way. A lot of marketing strategist always pick facebook and twitter because that is where most people go.
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This will make casinos more popular if they do that so I won't be surprised. Expect their money to be 0 at the end because btc is very easy to withdraw so they might go all in.
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No you can't cheat the system but if you really need a higher rank then you can look for a legit account seller here. Be careful because it is very risky.
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