The forces of demand and supply is one of the major factors that trigger the current decline of the market. Some of the major factors that could lead to the high supply over demand are Wale selling out their holding, FUD, government ban and regulation policy.
That true! that's the number one factor that affect the market cap. If there's a lot of user who are selling simultaneously then the bitcoin price would crash or fall down because it increase the supply of Bitcoin. |
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Yah I try to encourage my friends and families to invest in crypto, but before that I explained them everything on how do they will earned and make money in bitcoin.
In my case being the only one of five sibling who is working in Bitcoin, I've tried first to introduce it to my wife but unfortunately she cannot add another work due to a lot of paperwork works that need to take home. But I'm planning to introduce Bitcoin to all my sibling cause it really helps a lot emotionally and financially.  |
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Well to me you didn't make a bad decision of taking your profit while it was still hot there in your face. As you said, profit is profit. Thus, waiting longer could either cause you some problems, you can be busy and forget to monitor it to where you expecting it before market reverses.
Yeah! Your right, 20-30% of gain is already enough, don't be too greedy cause in the you would regret that you didn't convert it when the time that Bitcoin is increasing it's market value. Always set a limitation so you could easily decide in time that you need a quick decision. |
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Does anyone have a comparison on the number of people that use Uber vs. the number of people using BTC?
I think it would hard for them to determine or gather data who are using Bitcoin cause we all know that Bitcoin is anonymous unlike Uber it's all documented so it is easy to get the number of their member. But if we're going to determine which is popular I think bitcoin is more ahead in terms of income. |
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It was an unfortunate event that i was able to join an ICO campaign that was really not good in terms of their management. They are requiring to do the bounty hunters a KYC process as to help them identify the real bounty hunters. Well that is good though and i am confident that i am able to comply in the KYC process. However, a couple of months pass the team requires the bounty hunters to contribute with 0.1 eth and that time I was about to think why when in fact they will do KYC? So i think there is something fishy out there in their ICO and i quit joining bounty campaigns. I posted more than 200 post for them but sad to say my efforts had gone to nothing. I am afraid now to join ICO bounty campaign. Should i quit? Well anyway i found SONDER and this time i am sure that i have joined a good ICO having a live sales which sold million of tokens in their private sales. No question with the success we are almost reaching the soft cap and i am planning also to invest with them as the team told us that our contribution as eth increases so does our tokens. WOw i am really impressed with these ICO. The team are working hard and i am happy and great to be with these team. I finally found the one.
In my entire bounty campaign I haven't experienced that kind of situation where in you need to pay eth. At this point that kind of bounty could be conside as a scam, cause most of the bounty campaign doesn't require any payment just to become one of their participant. That kind of experience is a lesson learn to you but quitting bounty is not advisable cause not all bounty manager Don't usually do that. Study first the campaign before joining that's the best way to avoid scammer. |
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Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.
Everything can be possible if we talk about Bitcoin characteristics, I knew I person who always donates in an orphanage that come from here earnings in Bitcoin. But teaching them would be a difficult for you. Much better if you just help them by giving some necessity in their daily lives. |
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See: There Is No Escaping History. Fiat Currency Eventually Fails. Notice that this is a critique of fiat money -- not a critique of state-issued money under a gold/silver or other standard. Fiat money is a rare occurrence in modern history. (We live in strange times!) As we can see, the examples found by the author are a small number of short periods here and there. I have my own critique of gold/silver standards, but that's another issue. We all know that whatever happen people would prefer to convert their Bitcoin into Fiat currency, but the problem is, if we talk about the advantages of Fiat vs Bitcoin, Bitcoin is more ahead than Fiat why? Bitcoin could use in many transaction we're in you can make several transaction without limitation and also it is good in trading cause you can make high profit in just a couple of months, that's are the factor why Fiat currency failed to go on top of the market nowadays. |
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In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.
As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.
Trading is very risky specially if your in crypto currency, but the good thing is you can manipulate your profit by reading a lot of strategies about trading. Unlike gamling it's all or nothing games, if you make a mistake you can never retrieve your profit anymore, but in trading you still have the chance to save at least 40 percent of your profit. So for me I rather choose trading. |
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I got in at the all time high in Jan. lost half on most coins, and panic sold 2 weeks ago with portfolio underwater 40-50%; now all coins are coming back at least 20-30%;
What's done is done, can't go back time to change it...my question is what to do now? Even after the loss, still have some coins left and wondering what to do with them...
Just hold it and do nothing is not an option because cost basis is too high. Need to find the next ONT etc - Willing to consider anything including ICOs (either NEO-based ICOs or ether-based ICOs).
Now that Bitcoin is getting higher its time for you to recover your profit loss. Maybe you've already learn from your mistake, but we can't blame you on the wrong decision that you've done cause even everyone if they can't take the profit loss they would end up cutting the nuts just to save their profit. But now it getting back again, wait until you recover all your losses then set a price which you think you already gain so that you can easily make a decision. |
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how often do you check BTC price and how to cope with stress associated with this? I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?
PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.
Thanks,
Mike
For me I check it daily so that I can missed the time when Bitcoin pumps up. Remember that Bitcoin is very volatile so if you can make it at least every 3 hours of monitoring much better, to avoid profit loss. But if in case you missed it don't panic just let it in your wallet cause I assure it will bounce back again. |
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If you wan't to earn here at crypto world without a risk, better join bounty campaigns and airdrops for you to play safe and earn.
That's the safest way to earn Bitcoin without putting any amount of your money. In addition to that you can also join signature campaign which will pay you direct Bitcoin were in you can easily convert it into Fiat currency. This are the safest way for the beginners to earn bitcoin |
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Yes, patience is crucial.
If you don't have enough patience, you'll miss out on a lot of profits, so I've always felt that long-term holding is the best way to make money.
Actually most of the trader prefer to do long term of investment. And it's already proven that long term is more profitable. But you need to monitor always your hold altcoins cause sometimes it will pump up without your expectations so I suggest always do a daily monitoring even if your in a long term method. |
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Securing own bitcoin wallet is very important. Because hackers everytime trying to hack wallet. To secure your account you need to use an unique and strong password for your account that shouldn't use anywhere before.
Definitely yes! Before anything else you need to secure first your account by putting 2FA authenticator, this is very useful to every body specially if you have a lot of hold bitcoin. Sometimes hacker send an unfamiliar message to everyone, I suggest don't ever click that kind of message cause most of the time that kind of message will directly copy all your private information. |
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kinda strange when investing in a volitile market. you can spend 10,000 $ into the market in january and come out less. than what a person invested in april with 10,000 $.
that's true, it doesn't matter how huge your investment. what important is you know how to trade, cause trading is very risky you could loss huge amount if you didn't study well about the volume of that kind of alt coins. as a trader you need to learn the most important characteristic being a trader which is know how to handle your emotion, cause if get panic you would end up selling your hold altcoins just to cut your loss which is not a right thing to do.  |
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I think this does not happen. The most likely thing is that people are selling bitcoin. this is the worst. bitcoin will fall sharply. Investors will lose a lot
If that happen, the positive side of it is, the whole trader community would be happy for the bountiful profit that they could earn cause it really affect the price of Bitcoin. While the negative side is, it would lessen the number of investors. |
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Bitcoin is the world’s 6th largest currency. These figures are noteworthy, but if the value of a single Bitcoin goes up to $15,000, India’s currency Rupee will pass. Ethereum ranked 17th and Bitcoin Cash ranked 20th. Ripple is located just below 20. How many years Bitcoin will need to become No.1 ? Everything could be possible with regards of Bitcoin price and popularity, I won't be surprised if Bitcoin would really dominate the market cap to be the number currency in the whole world. As of now lots of billionaire are continue increasing their number who are showing their interest with regards of Bitcoin. |
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Thanks for the words of encouragement. I have positions and I am currently holding. I started to realize that I have to be really determined not to sell at a loss since markets do definitely go back on track. In this case for Bitcoin, the price increase is really high.
That true, if you failed for the first try, don't easily give up, just like what other saying, " try and try until you succeed". Instead used that experience for better output of your second try. It is also proven so many times that after dumping so many times theirs always a way to return on track again that's the thing that you need to put in your mind😊 |
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The Bounty Campaign is so hot and great . We can earn a big profit with Bounty Campaigns .
Sometimes , you see some Bounties which have less participants or more participants ? Have you already think about which one do you prefer ?
Less participants / More participants in Bounty - Which one do you prefer ?
if im going to set my self as a campaign manager, i prefer to have a more participants, if you notice most of the bounty campaign hire around 500+ member cause it is more effective to have a lot of participant to have a good publicity in the market, cause the more user to advertise their campaign it would easy for them to enter in different exchanger. so i think more participant is better than less participant. |
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