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Hi Guys, It looks like Bitcoin Cash broke a little resistance line on this news, but it needs volume to push itself of this line. Here is my chart: PS I am new to TA so any advice/suggestions are welcome!
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Take a look at Vertcoin, same max supply, very fast and cheap transactions and ASIC resistant. o yeah the price is 1/10 of LTC
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I prefer top Altcoins because they have already proven their stability and good community like Ethereum, Bitcoin Cash, Dash, Monero, NEO and other top Altcoins.
Agreed for TS; when new ETH and LTC are no-brainers. Pretty safe investment which could give you nice returns already in 2018. Spend all the time you have reading and watching charts/movements of the coins for the next couple of weeks, then you can look at some smaller coins to invest in. But for now I would suggest you stick to the TOP 10 (but be careful with ADA Cardano and IOTA at the moment, they just had a massive run and need some price correction IMO) And good luck!
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I am holding BTC, ETH, LTC, XMR, OMG and LSK for long term, and as an outsider UBIQ platform Also looking at taking a position in VTC for long term but price is to high now IMO. btc it is not altcoin bro, altcoin is good for long term, of course eth, so i suggest if you want to survive long, altcoin eth can be the main choice Focused on the long term hold so that's why I mentioned BTC but you are absolutely right BTC isn't an ALT
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I am holding BTC, ETH, LTC, XMR, OMG and LSK for long term, and as an outsider UBIQ platform Also looking at taking a position in VTC for long term but price is to high now IMO.
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Thanks for all the replies guys!
Just tried to log in on Kraken and it already took me 10 minutes due to server errors, so sending and selling via Kraken is definitely not an option for me.
@ BitcoinHodler thank you for the info on the alts. I always thought the big cap alts more or less remain stable but just looked at the charts and they indeed do more than I would like to risk.
So I guess holding for now and sit out the correction
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Hi Guys,
I am expecting a big pullback with the current rise of BTC to 10.000$ and planning to sell some or switch to ALT.
I have 2 possible options; - send my BTC to Kraken and sell high, buy in lower (hence the server errors on Kraken at a normal day I expect many difficulties to sell/buy when the market starts to move, so this wouldn't be my top pick) - switch from BTC to altcoins via Exodus/Shapeshift exchange; spread over 3 or 4 coins (I am thinking 33% LTC, 33% ETH and 33% in another supported coin like DASH or maybe Bitcoin Cash) this would be my favorite play
Which would be your favorite and if you spread coins via Exodus, how would your spread look like in which coins?
Thanks!
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Introduced my CFO to Bitcoin right before the China dip. He was going to buy at approx. $3200 but hesitated and didn't got in.
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Hi Guys,
ETH dipped $20 compared to yesterday and is now at 285 approx. What do you think of the price to get in? Or wait a little longer towards BTC hard fork?
I am already holding ETH but looking to buy some more.
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Coinmarketcap shows current price $ 2991,55! Interested to see what will happen now
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Nobody knows my friend. But if you scan the topics most people believe the bottom lies somewhere between 2300 USD and 2700 USD.
You will have to find out for yourself if you are willing to take the risk of buying at the $ 3K mark. If you are in for a long term investment personally I don't think you will regret buying now. If you are aiming for the absolute bottom then at least wait what the weekend will bring you.
Good luck!
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You can start buying, but I don't think the bottom is reached yet. $3.000 dollar is in sight, a psychological barrier and may cause another drop.
I have set up buy orders at $ 2500 and will also buy ETH and LTC with it.
in case bitcoin goes down it will take ETH and LTC with it and they will drop even harder than bitcoin did percentage-wise. that has always been the case with these altcoins during bitcoin price drops. and the recover of said altcoins will not be as big enough to be worth the risk and trouble of investing in them unless you are already an altcoin trader. i also vote for staying on the side with money in had and watching the price. if you buy and it goes lower you will definitely panic. Thank you for your reply. I am in for the looooooooong run and do believe these coins will determine the future so I am just taking my chances with these discounts my first buy-in was to high so I am trying to get the average price of my portfolio down
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You can start buying, but I don't think the bottom is reached yet. $3.000 dollar is in sight, a psychological barrier and may cause another drop.
I have set up buy orders at $ 2500 and will also buy ETH and LTC with it.
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It is a first for the UK that Bitcoin can now be used as a down payment in the property market. Co-living pioneer The Collective have announced that they will be accepting the digital currency as a deposit from prospective tenants.
They are also eyeing out rental payments in Bitcoin, but that will only be implemented later in the year.
It is the first time a UK property developer has opened its doors on the famous digital currency, stating that the demand actually came mostly from international customers.
The Old Oak
The Collective's online booking form for its Old Oak living scheme, an ambitious co-living development with 550 rooms, will be accepting Bitcoin as a deposit on the flats.
The standard deposit is £500, which equates to about 0.148 at time of publishing. Additionally, with the volatile nature of Bitcoin seemingly holding back its ability to be utilized as a currency, The Collective has pledged “spot conversion,” which means it will bear any financial risk while holding the deposit, returning it at the original value when the tenancy finishes.
Expect it to be used for life’s essentials
The Collective’s chief executive and founder, Reza Merchant said of this bold move for the UK property market:
“The rise and adoption of cryptocurrency globally, particularly Bitcoin, is a fascinating development in how people store value and transact for goods and services worldwide. With many savers and investors now choosing and becoming more comfortable with cryptocurrency, people will expect to be able to use it to pay for life’s essentials, including housing deposits and rent.”
Indeed these are bold steps in the infant steps of Bitcoin’s walk to be an acceptable and usable currency, and for The Collective, there are barriers, but they are looking to be involved in breaking them down.
The Collective’s head of technology, Jon Taylor, said:
“One of the biggest barriers to the popularity of Bitcoin is making it more consumer-friendly, and we believe this will become established as an easy and convenient way to pay deposits.”
Private property tool
There have been many instances where private property owners have attached their whole price tag for their property in Bitcoin in the hopes of attracting buyers, as well as accumulating the valuable digital currency.
A well regarded Miami trader recently placed his house for sale in Bitcoin after first trying to entice the seller to buy it in the same digital currency back in 2014.
source: https://cointelegraph.com/news/suddenly-bitcoin-breaks-into-uk-housing-market-as-down-payment
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That's a nice portfolio, imagine what the price would be in 5 years! Good luck to you sir!
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Just bought something extra at 4.150 dollar just buy (little amounts with the money you could miss) in the dip and hold for long term profit and you will be fine!
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since last Friday evening -27% and overall -18% on my initial investment, so I bought in late at the top of the market But I don't care, don't need the money and invested in quality coins like BTC, ETH, LTC, XRP and XMR for the long term so it should be fine
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planning on buying more BTC, target is around 4.000 dollar (maximum 4.150 for me) What do you guys think, will we reach it due to the ICO bann or will we see a correction anytime soon?
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