Depends on what kind of tokens you are holding because not every exchange site caters all kinds of tokens, there are some that are not listed on their site. Or the easiest way you would know if that token is listed on a certain site so you can sell them is if you go to the coinmarketcap.com website and most of the time it'll be listed their on what exchanges you can trade them.
|
|
|
In my opinion day trading takes a lot of risk, time and patience to be good at it. I tried my best before doing day trading without any knowledge or does not even know what I was doing back then but I felt like I need to day trade because it could make me profit more than just hodling my coins. But I end up regretting what I did and now preferred long term than doing day trade. I basically think it is more of a skill than being lucky due to experience and knowledge of course.
|
|
|
Bitcoin is the original digital currency and the first cryptocurrency created to supposedly make life easier for those who can't purchase online, a technology wherein instead of money you use this as your money to pay online. Altcoin or alternate coins are the cryptocurrencies that are created after bitcoin and one of which is Ethereum. Ethereum is another form of blockchain technology that's lower of value than of bitcoin.
|
|
|
The best wallet to use for me would be these hard wallets, although they cost a little but it is worth it and very safe. Try trezor or ledger if you have some extra cash with you to buy these wallets but if you don't have the budget to buy these yet then it would be best for you to just use some exchange and make sure to place a 2fa or some authentication for safety purposes.
|
|
|
I have seen this on the news and read a couple of topics about these scammers in the social media but I do not believe bitcoin will be banned in the Philippines just because these people scammed a couple of innocent victims. Some local news was not even able to deliver the correct details about the said topic. Bitcoin is not a scam for all they know and they should be educated on what bitcoin is.
|
|
|
Don't have a number in mind on how far it will go but I am damn sure it will go far, probably my grand kids would experience as well. So maybe a few more hundreds of thousands of dollars, who knows?! But hopefully though it would reach more than its current price now and hopefully people would use them the way it was created too.
|
|
|
Yes you are correct and lets just wait and see what will happen in the next few weeks or months perhaps since bitcoin now is bullish. Hopefully the trend of increase would be conitnuous until bitcoin will reach a new all time high soon.
|
|
|
I’m looking forward to your experiement, 100 tokens or coins are a lot of coins to look out for but I am quite interested what the result will be after 5 years. I think you will gain huge profit based on the initial amount of investment you started with, 5 years is not that long and I wish you good luck with your experiment. Just keep hodling!
|
|
|
Don’t sell anything if the price is dropping, rather sell it when the price is increasing or set yourself a limit on around what price you want to sell the coins.
|
|
|
Probably the end for you but not for some. There are a lot of people who are still loyal to Bitcoin and the other cryptocurrencies, so I wouldn’t say it is totally over. Just keep on holding guys because there is still hope for these cryptocurrencies.
|
|
|
As years go by, Bitcoin had been demanded by some so of course market would also increase based on the demands of the coin. That’s why it slowly went up over the years, and people are beginning to notice and acknowledge bitcoin too so the more it increases even more.
|
|
|
Yes I could actually imagine a cashless society, in fact it would be so much easier for the people to not carry cash with them especially if they travel outside the country. But I don’t think cash would be fully dilinquished because their would be other countries that are left out and does not have access to the internet.
|
|
|
These are actually great tips and I am actually doing this currently too, but basically since I am for long term holding I really don’t mind about the downfall of the market. So I just stay chill and hodl more each day and dont really look at my portfolio that much not unless I see some news about these cryptocurrencies slowly rising.
|
|
|
Currently the market is slowly recovering and if I had the money to buy alternate coins when the price was low I would’ve both them, but right now it is slowly increasing as well as the altcoins too. And hopefully this’ll go on until the end of this year, but I would not give so much hope on that because I don’t want to expect too much also.
|
|
|
That’s good to know if the Philippines will start to accept bitcoin and hopefully the ties will develop more to the point wherein we are able to use cryptocurrencies as a form of payment in this country. It would be very much easy and accessible for foreigners to bring their currencies with them when they visit the country.
|
|
|
I think bitcoin will end around the price of $15k by end of this year. This is just based on my observation of its current price which is a ound $6k-$7k+ for a couple of months now but I could be wrong though.
|
|
|
Out of all the choices I think I would choose between bank deposits and torn between gold assets and properties because both gold and the properties will be worth something in the future and the price does not depreciate. In fact the properties are even more way expensive because it grows a certain percentage every year if you have a great view and access to the main road.
|
|
|
I think most people are trading for money and not for some emotional satisfaction, I think that would just apply to gambling. Like when you are depressed, or going through a rough stage and sometimes if you are happy you gamble just to satisfy your emotions; which is to be more happy. But I don’t think that’d apply in trading because even investors with huge amount of money are in for the money too.
|
|
|
In general, market correction helps to clear up unnecessary coins and to correct the grounds for further growth. Personally for me the correction in the market is a chance to buy coins on the cheap.
Yes you are correct, the market correction actually are good because it makes us differentiate which coins are functioning well and which ones dissolves its purpose because the market went down. And yes it would be a great chance for investors to buy coins at a very low price and hold it for long term.
|
|
|
The only way we can convince them is probably to educate them about the pricing of bitcoin, if they are aware of the current situation of bitcoin and the market then I think they wont be panic selling but it also depends on how you educate them.
|
|
|
|