If you want to involve your teens in cryptocurrency make sure you are guiding them ethically. It seems fine to involve them because it is their future. But make sure they are interested and you you didn't force them to involve so there will be no negative mindset that they will adopt.
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I think bitcoin is really a good investment for now, but I don't think it is a good idea to put all your investment in bitcoin or crypto currencies since it is unpredictable and very risky to take. For me it's still better to start your own business than depend your future in bitcoin investment.
What do you think guys?
All investment are risky, even in business. Yes we should have a back up plan in case cryptocurrency begun to decline but I am very positive that Bitcoin will suffer a big dump because even the business sector and the banks are embracing blockchain technology.
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I feel sorry for those who invest in ICO last year and lost today. I hope they can recover this year on other altcoin. It is a lesson learned from new investors in cryptocurrency that they should research and carefully pick a potential ICO that could grow like Ethereum and other successful ICO.
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Do you continue hodling or sell? A lot of people say to hold no matter what happens and I'm not advocating daytrading but I think in a situation like this, it'd be advantageous to sell.
Thoughts? What would you do?
If you already up for 200% I think it is better to sell and wait for a big dump before buying back again. Holding is a good strategy but we must also learn how to take an opportunity when to sell to get profit and buy once the market collapse.
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i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
It is dangerous for the government because every transaction will become transparent. Government don't like transparency because every government have a shady transactions. Cryptocurrency is also anti corruption that is why expect a corrupt government to be against it.
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As many of us are into cryptocurrency for the apparent reason - Money. Is there anything else your crypto offers? For instance, Ydentity helps you to secure your identity by creating a unique identity for you with the help of a simple survey. Please share if there are such innovative uses of other cryptocurrencies.
One thing I like most in cryptocurrency is that you can be your own bank. You don't have to rely on banks anymore. You can use it directly for payments without any third party and as quick as possible.
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I believe IOTA is going to rise to near the top of all cryptocurrencies and reach #3 in market cap by the end of 2018. My prediction is based on several factors including:
1) Trinity wallet will soon be released 2) Recent partnerships and projects including Porche, Qubic, City of Taipei, electric charging stations, etc. 3) No fees for transactions 4) Unlimited scalability
If the top 10 cryptos in market cap stayed where they are. IOTA would need to get to about $10 per MIOTA to reach #3. We know many of those others will rise also, but I predict $20 for one MIOTA by the end of the year as their project get rolled out and the new wallet goes live. I think this will easily get it to #3.
Agree or disagree?
I disagree with the statement. Remember that it is not only IOTA that has a good development. Every year there are good altcoin appears and aiming for the position. NEO and Cardano is also there not to mention other potential altcoins.
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It seems to be a new era for crypto market again. The percentage growth rate of most coins is increasing. For instance, Bitcoin Cash has risen over 80% in the last week.
I'm not too optimistic with Bitcoin Cash because it has no real purpose except too try to dethrone Bitcoin. But I am sure it won't happen. Bitcoin cash is good for swing traders but you have to be vigilant not to caught on the waves because it is a pump and dump altcoin.
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How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
There is no ideal number of amount to trade in altcoins. It depends on your financial capability on how much you can afford to lose in trading. Remember that trading is not always a win win scenario. There are times you lose because of a bad trade.
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Ethereum today is one of the best technology which is changing the world of information technology. Tech giants are already adapting to Ethereum and they have started to use it. Straight answer, Ethereum will not dive low but will keep flying. So I am curious about ETH price in 2020.
In my opinion Ethereum price will grow its value depends on the Bitcoin value. As you can see the value of Ethereum and Bitcoin plays in 1:10 ratio. It will only increase if they have a new innovative update and if the competitors will not grow.
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What are your opinions on Cardano? Looks like a promising coin. Do you think it will ever hit a good couple of dollars in the future?
I think it will have a good future. In my opinion, it is good for long term investment and waiting for the final product to finish before it makes a big pump in the market. I accumulate it during the red market and now I have a good paper gain in my portfolio.
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I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?
The word fake coin is depends on your own understanding. Because each altcoins have its own Blockchain. I think you are preferring to pump and dump shitcoins that has no real use or the dev use cryptocurrency to get money out of the thin air.
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in your opinion which one has the chances to go high by 2020 .........
1. ethereum
2. bitcoin
It is still be Bitcoin. I don't see any reason why Ethereum could replace Bitcoin. Ethereum might be unique and faster than Bitcoin but Bitcoin is the pioneer and the mother of all altcoin. You have to consider the fact that all altcoins are relying on Bitcoin.
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so, guys! why u r still belive in huge green streen or bullish market in 2018?!
for me - it s amazing mistake for all of who thinking so look at the law, watch at the country titans of crypto - they all blocked openned cryptoway why u are still thinking- "2018 will be pump year"??
If the country block crytocurrency it means it has a potential. Don't believe on what you heard or watch on the news. Those are paid back propaganda because they know it is hard to make regulation in cryptocurrency. The only thing they can do is suppress it but they cannot stop it.
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There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? They are not wasting for nothing. This guys are greedy people who like to become rich in a short period of time. I But the problem is they didn't create a coin to be beneficial for many but to get profit as much as they can. Those people are creating shitcoins to scam people.
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If the internet is destroyed then cryptos will actually be destroyed along with it because there would be no way for us to access our coins seeing as everything is being done on the internet. Now that I think about it, that is one of the ways to destroy crypto forever because if the internet does not exist anymore then everything that is on the internet would not exist anymore.
I think it is not totally destroy because internet connection can be fix. Blockchain only needs to sync and it will go live again. One thing that internet might get destroy is a world war and I believe world war will stop one way or another.
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Some blockchain technologies support dictatorships around the world, thus help them evolve. For example, NEM was involved in creation of El petro in collaboration with Venezuelan government, which is obviously a dictatorship, and gained support from non-democratic Russia. It also tries to establish blockchain in failed states, such as Abkhazia, and Armenia, where political stability leaves much to be desired. Is it ok for dictators to possess blockchain or is it an obvious threat to democracy? What do you think?
Blockchain technology has nothing to do with democracy. Anyone can use it on good and bad purpose. If you try to restrict it then it is not democracy at all. Democracy is US is not democracy at all. They have many new laws that contradicts democracy.
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After participating in ICOs by buying some tokens or participating in bounties, the moment their tokens are listed in exchanges, what do you do guys, do you sell your tokens right away or wait for a more higher price to come?
I always wait for the price to go high atleast 3x the ICO price. If you want to earn a huge profit you need to learn how to wait. Patience is the key if you want to make a difference in cryptocurrency.
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After participating in ICOs by buying some tokens or participating in bounties, the moment their tokens are listed in exchanges, what do you do guys, do you sell your tokens right away or wait for a more higher price to come?
Usually I wait for the perfect timing to sell my bounty. Since it is considered as free and I didn't put any amount of money, I hold it until the coin will build a good value and that is the time I sell my bounty tokens.
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We have seen ETH going up and down so many time. Now do you think ETH is officially dead, why do you think so?
It's obvious that Ethereum will not die, it is a correction that happened before and now Ethereum is now back on track to make another all time high. I hope Ethereum do it slowly so there is no going back on the price.
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