Maybe you should wait for a more appropriate time to invest. It is possible for the end of 2018 when the cryptocurrency market becomes stable. These are some personal tips, decided by yourself.
Yes you are right, being patient is the best way in this industry in order to avoid losing a huge amount of investments when the market prices are dropping in the market. |
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Of course demand!
Even there are scarce or huge amount of supply if the demand is low, price won't keep hike. If I am looking for a coin, I usually look upon the volume of it and if the price is congruent to the total supply. Most of the time, I am buying coins which has lower supply because it will have the tendency to rise up when the demand gets higher. Lower supply will easily up while higher supply won't.
The price increase is depending on the volume and that is the reason why you should always invest and sell your coins at the right time in order to earn more profit. |
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In my country, the government banned crypto because of various reasons( They are corruption and they can't control it). And corruption always exists in every developing country It is therefore very difficult for these countries to apply blockchain to fight corruption
Corruption is the main reason why government are trying to banned bitcoin or cryptocurrency because this technology can really monitor every single transactions. For sure, government will not use blockchain technology because they can no longer make under the table transactions. Hopefully, every government will just support this technology so everyone can enjoy blockchain technology. Corruption is inevitable, government will always steal money from the people by placing taxes on their salary and different products and assets that is being sold on the market. |
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In my opinion As long as fiat money still serves as a medium of exchange, it will always be needed by the people of today and therefore it will always have a function as an asset to all of us. although the best value-keeping asset is gold but even though gold is quite liquid, it is no longer money that serves as an intermediary.
It would be good to use gold as payment again or at least money that is backed by gold. Now we are paying with printed debt. It's best to keep your assets in gold and cryptocurrencies in my opinion. Gold is a bad way for payment because not every people can earn gold and it was really hard to earn gold now a days, cryptocurrency is much better since every one can invest if they have a decent amount of capital. |
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Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>. This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated. What do you think of the current state of big exchanges and price manipulations that we experience? my source: https://www.blockchaintransparency.org/reports/What do you mean by "stable and mature"? What are the factors that make a market stable and mature?There's no such thing as a stable market.The markets are always unstable,that's how traders make their profit.I'm pretty sure that a big percentage of the crypto trading is run by trading bots and there's nothing wrong with that.The are rumors about market manipulation and fake trading volumes since the creating of cryptocurrency exchange platforms. I don't think that anyone can do anything to stop them from manipulating the crypto prices. The price of cryptocurrency in the market will never become stable because there are a lot of people who are selling and investing depending on the situation so you should always expect drastic changes. |
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I think after several year cryptocurrency market will grow more rapidly. I think the high volatility will be reduced in future as more people aware about this technology by that time.
Obviously it will grow even more because the statistics in the market right now is showing a fibonacci sequence which has the value that keeps on increasing even more in every year. |
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I have been investing and participating massively in some ICOs not long ago. To my astonishment,most of the projects I invested were scam projects and I lost a whole lot of money. In spite of these,I move on in life and cryptocurrency.
Before investing a huge amount or joining their bounty campaign, you should always try to read the white paper and research about their own information in order to find legitimate ico's. |
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Bitcoin is really a concept and decentralized cryptocurrency in the country, So for me bitcoin does not control any of its compitutions. about demand and bitcoin price supplies are still varied. so No problem with reductions, we will use to choose the right time to buy high amount of bitcoin. and When prices are increasingly customary they do not buy, but when you have a bitcoin holding it is immediately sold when the price rises.
The strategy is very simple, always try to invest every time the market prices are dropping so that you will be earning a huge amount of profit when the market price start to pump up again. |
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Japan legalized bitcoin as their payment system and any benefits that can bitcoin gave.It was their digital currency and also their banking system their government are full of knowledge about cryptocurrency.Hopefully there are also some country will legal bitcoi as their currency.
Right now japan is doing well in terms of cryptocurrency investments and every people in their country is enjoying the wealthy, that is the reason why crypotocurrencies and bitcoins should be legalized on every countries. |
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We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?
All certain application that we engage pertaining the source of income specially in bitcoin is actually deal immidiately without hisetation even if it is risky, people know about it but when did we start to deal if bitcoin collapse and totally closure? Anything that you invest will put you at risk because not every asset will surely increase in the future, that is the reason why investing on cryptocurrency will not guarantee you to become wealthy in the future. |
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The main reason for prohibitions is very simple. Transfers in a currency different from the national one, lead to poor economic performance, including GDP (one of the main indicators). This way, it is easier to launder money or transfer funds outside the country. Neither banks nor payment processors will get their interest.
McCall Robinson a manager of Merchant Accounts, believes that most countries prohibit Bitcoin because it cannot be regulated and he said that. "Many governments do not like the very idea that there is another form of currency that they are not able to control. The supervision takes place on the Internet. Some countries consider it as danger to their society and government.
In my own opinion, there are government who hates cryptocurrency because their own country cannot handle the grow of bitcoins and there are more people who prefer trading in the market rather than working in the corporate world. |
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Cashless society means there is no physical mode of payment either they use E wallet or online mode of payments. It is obvious that digital money is forced people to do cashless transaction because no one accept physical money in society.
In my own opinion, cashless society is really a good idea but the problem are those people who are not able to earn cryptocurrency since they are not wealthy enough to invest. |
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What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
In my own opinion, the investors of cryptocurrency will decrease because there are more people who are going to hate their own government, since government just want to milk money from their own people. |
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If you give time it means that it is valuable to you and i spend time in bitcoin because i like to make money with it and i work for websites and software so i need online currency for paying server fee etc and it is good for the other buying and selling of things so i spend my time in bitcoin to become rich.
Spending time on earning cryptocurrency is very necessary because in this way you can have more income monthly or daily depending on how much you invest. |
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In the study of economics, Investment mean any addition in physical stock as well as stock of finished goods, or you can say any putting money in anything for the motive of profit.I want to know your opinion that what are main challenges for small investors in any type of business now a days, If he/she has nothing after his investment?
The profit you will be earning will be always depending on your capital and that is the reason why big capital is really necessary in order to become rich on a very early stage of your life. |
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actually, its hard to replace fiat using crypto. and im not sure when you say that some governmenet change their fiat into crypto. fiat is always be our money to pay stuff, but crypto can be alternative money.
its good if crypto replace fiat. all of thing will be held up by phone. because this is practical era, you can do what you wanted by click your phone with one finger.
when the technology has declined, crypto is useless anymore, and maybe they will change their crypto to fiat.
Cryptocurrency will never replace fiat because every people will still be using cash depending on their daily routine and transactions to purchase their needs. |
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security is of course highly prioritized both in a transaction or in a storage, it is not impossible and it is not a secret that every wallet is always someone who tries to hack every day. They always try to look for the elements of the security system, therefore safe wallet is needed
Of course every wallet can be viewed by everyone once it is available online that's why you have to make it safe to prevent from outsiders for tooking over your wallet without your permission. Even if it still offline you can't still trust the people around you that's why you have to put some security in it. Due to the greediness of almost all of the people in the world and increasing populations, we are now in a different era than before. Myetherewallet is one of the best wallet today that is highly trusted by different investors of altcoins and yes security is very important in order for your coins not to be stolen by somebody else. |
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In my opinion, bitcoin will continue to be dominant in the cryto market though it experiences downfall but its capable to go back to its normal value or higher than we expected.
Obviously the next pump of prices will be higher than its previous value because there are more country that has been legalized to use cryptocurrency on their area. |
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It is a time to gather as much coin as you can and wait till the day in the not too distant future when there will be some big news that will turn the market into a multi trillion dollar market
Yes you are right, you should take advantage of the current market because in this way you can hoard more coins which you can make more profit when the prices goes back to normal. |
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I agree being smart and intelligent is not the key for being rich.Being determnined and achieve our goals to work hard for.Here in bitcoin we need some knowledge and startegy to survive when price goes down and hardworking to reach our dreams.
In my own opinion, patience is what we need the most in this industry because the market is volatile so you need to be patience to wait for the price to pump up before selling your coins. |
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