It seems that the price of bitcoin is starting to rise at this time is the effect of tensions between Iran and America, usually the crisis that occurs in large countries greatly affects all aspects of the world economy, and we can see how the current price of gold and oil began to rise. Because conflicts occur and more or less will certainly affect the price movements of bitcoin and other digital currencies. Who knows what is on the trump's mind so that they attack an Iranian general, and it seems that America intentionally wants to create war with another country.
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I think it's better not to sell Bitcoin on such a market, it's better to keep it, as well as to find funds to invest in several promising alts.
Storing bitcoin is good for long-term investment but if we have a few funds, of course it's better to invest in altcoin in my opinion, for example, if we have $4000, of course we can only buy half of the current bitcoin price, but if we have these funds buy altcoin like eth or ltc, of course we will get some eth or ltc and if bitcoin and altcoin increase prices by about 10% on the market, of course if we calculate the profit we get from altcoin will be greater than the profit we can get from btc. This is just my opinion.
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Hi Everyone,
As advised I am trying to learn the basics of crypto first.
Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?
Most traders will choose altcoin which is really safe to invest and altcoin which is in the top 10, is a good alternative in my opinion because honestly, many other small altcoins that do not have a good future, so that the possibility of altcoin die could have been happens and it's better for us to choose altcoin which does have a pretty good development right now like eth, ltc bnb and also bch.
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You know the drill. When Bitcoin rallies hard, altcoins dump. When Bitcoin dumps, all the rest dumps too. But when Bitcoin is sideways, altcoins rally and some go their own price action.
Everyone in this subsection of Bitcointalk is waiting for altcoin season to come again. Some have already given up.
I will try to post my observations about the market relationship of Ethereum which is the current lead indicator of altcoin market health to Bitcoin's.
altcoin prices are currently mostly influenced by bitcoin prices, so when bitcoin prices are dumped, altcoin will also follow it and when bitcoin pumps, but not all altcoins will experience pump prices even there are some altcoins which tend to actually decrease in price, and this is usually caused by many traders who sell their altcoins with BTC pairs, thus, pushing BTC price up in the market.
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There is a question in my mind that alarming in my mind for few days. I am a new member here but in replies the senior and hero members that knows cryptocurrency news at very large amount. Will YouTube or Google launch it's own cryptocurrency? I am hearing for few days that the Facebook launched libra coin. Is this news is real. I want to more work at bitcointalk but i confused for it's hard amount of rules. Anyone help me that what topic that I select for making topics and learn crypto knowledge by reading posts and I will be able to become a senior member.
I think it can happen and of course all internet platforms will continue to create innovations to develop their platforms, including Google and YouTube, which are one of the biggest internet platforms available today, and they could have created their own Cryptocurrency in the future, as I recall, Facebook had once banned advertisements or posts related to Cryptocurrency on their platforms before they announced about the Libra project.
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Hope everyone is having a great month of trading so far. 👍 Don't forget that your routine can make or break your trades. Here are our top 5 tips for maintaining a healthy cryptotrading routine:
1️⃣ Make a plan. 2️⃣ Skim through the news. 3️⃣ Take breaks. 4️⃣ Keep track of your trades in a journal. 5️⃣ Review your trades.
What would you add?
a few months ago I did a cgcx token search on bit universe and I found it, and in the last few days, I have searched for the cgcx token in the bit universe application, but strangely I did not get the cgcx token on the list, is it really a problem that has been circulated if cgcx token has been frozen? If that's wrong, then where can I exchange cgcx tokens that I still keep up to now? What is the price cgcx token right now?
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2019 had been not so good for altcoins as this year has given us number scam projects and as a result, some of the genuine projects have been failed wherein people just pretended any projects with ICO as a scam. I think 2020 will bring new hopes and some good project in the market by considering 2019 as a learning area.
Everyone certainly really hopes that on 2020 will give a breath of fresh air to cryptocurrency now that continues to decline, especially if we look at 2019 where the number of fraud projects that continue to grow and increasingly make people reluctant to invest in each project for fear of being trapped in the fraud project and of course this has increasingly made cryptocurrency continue to have a quite negatived impacting to date.
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Ok guys so I have 500 CAD left to invest in altcoins, I decided to invest 3000 CAD in bitcoin and leave it like that. So for that 500 CAD (377 USD), please tell me if this makes sense. (I want to own a broad portfolio of multiple coins that have good odds for the future). All amounts are in USD for a total of $370. I'm open to suggestions.
50 Ethereum 50 Ripple 50 Binance Coin 30 Litecoin 20 Enjin 10 Iota 30 Cardano 20 Stellar Lumens 10 VeChain Thor 10 Pundi X 10 Basic Attention Token 10 Ontology 10 Zilliqua 30 Monero ? Eos 10 Tron ? Zcash 10 Icon ? Chainlink any other ? 10 Dash
Choosing several altcoins as investment assets will certainly be safer than investing in just one asset, but in this case, we must also be clever in seeing which altcoin does have the potential to increase prices in the future because it is highly recommended for us traders to do market analysis first before making a decision which altcoin we will make an investment asset.
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The signs on the chart show that the btc will rise sharply, but I think that the rise in prices will be greatly affected by tensions between Iran and the US.
Of course with the tension between Iran and America will make the price of bitcoin rise higher, I read a few articles a few days ago, which did mention that the price of bitcoin in Iran is higher than the price of bitcoin in exchange and has even reached $24,000 and this price is higher if we compare it with bitcoin which is currently trading at a price range of $7935 in several large exchanges. https://www.google.co.id/amp/s/cointelegraph.com/news/bitcoin-selling-for-24-000-per-btc-in-iran-as-us-tensions-escalate/amp
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some countries in the world are now starting to accept crypto as an investment asset for their citizens, but of course, there are regulations that specifically regulate the use of cryptocurrency which is only limited to investment assets and is not allowed as a means of payment, for example, Indonesia now has many people starting to choose bitcoin and other altcoins as investment assets, and in Indonesia specifically invites the public to invest crypto provided that they not be used as a means of payment.
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I also think that way, the possibility that happens is manipulation by the project team concerned. Actually the long term is very good, but not all tokens can be long term. It's better to choose the top coins for long-term investments that are sure to have a large volume too.
One of the biggest possibilities is that as you said, that is the price manipulation by the developer, I still remember one of the projects that were a boltt coin that had a high enough price in the market, reaching $4 but when they held Ieo, the coin sold for less than $1, but after ieo after their coin have suddenly fallen to $0. 01, so many investors have lost money, and it seems to me that they deliberately deceived the market by locking coins for $4 to attract investors.
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In recent days there have been a trend of Neo price increases and according to the analysis of some media Cryptocurrency, Neo bullish trend will continue to occur in a few weeks, my advice is better you buy Neo at this time and save it for the next few days, I think it would not hurt if we try to invest Neo and save it for long-term investment assets other than BTC or ETH.
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Of course, it will all depend on how the condition of bitcoin in 2020, because as far as I know bitcoin still dominates altcoin price movements, so when bitcoin prices usually fall altcoin prices will also experience the same thing, and vice versa when bitcoin prices go up tends to altcoin will follow the price increase, so, we hope that the price of bitcoin on 2020 will be better than the previous-year, so that it will encourage altcoin prices to increase as well.
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In conducting a trade of course we must be prepared with everything. Possible risks that exist and in this case very necessary knowledge that is qualified in every analysis of price movements, so that we can minimize any risk of loss that cans occur and the most important for a trader is patience and not panic in making a decision in making a transaction.
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The whole ecosystem is rely on Bitcoin halving ecosystem which will happen this year so we can see some excitement like the past. There are so many expectation from this year so that I also think this year the whole market will perform much better as compare with last year.
Everyone really hopes that in 2020 bitcoin and other cryptocurrency will improve again and repeat history in 2017, I think now more and more people are experiencing despair, so they seem to lose confidence in the cryptocurrency price that continues to deteriorate in the market, hopefully Later Halving Day will be a new start for bitcoin and other altcoins to develop and return to people's choice as an investment asset.
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A new exchange can be a solution to increase prices and trading volume, if the new exchange is an exchange that has a good reputation, but if it does not have a good reputation then it will not have a big impact.
New exchange for what? Hydax is an exchange platform, and the liquidity is pretty good for new exchanges. I think it only takes time so that the price of HDX can be good Now many new exchanges continue to appear, but very few exchanges have good liquidity to be able to compete with old exchanges, with rapid developments like this do not rule out hidax will be able to compete with existing exchanges. By the way ,I have a number of hdx tokens, can already be traded? Because for some time I was less active to monitor hidax telegrams and exchangers, so, I didn't know whether the HDX tokens can already be traded or not.
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Will wait for the price of bbod going to 0.65$ which is said by the team. Patience is a virtue ,as long as it doesnt meet the price i wont sell my tokens.
The bbod team always says if their tokens will be able to reach the target’s price of $0.65 because their tokens are limited, but I think that is just nonsense because we can see that these tokens are very cheap, do we have to hold bbod tokens for a long time? There is no guarantee that the price of a bbod token can reach $0.65 in the future, so, it's better to sell it now than to get nothing at all.
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BNB was one of the most profitable exchange tokens before a while but now the value has dropped by over 50% as it's trailing at a mere $14 as of now and the same was above $35 in the month of June. If this trend continues then the BNB will lose its potential and investors. BNB was one of my favorite tokens which have crashed terribly, what do you think will be the future of this token?
I still believe if BNB will continue to be a great altcoin as long as Binance continues to develop as one of the largest exchangers ever, with the development of binance it will certainly have a positive impact on the altcoin BNB in the market exchangers, especially now that Binance continues to make breakthroughs the latest in every development of their exchanger platform.
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It is reported that exchanges began to freeze accounts for having been on the accounts of a "dirty" Bitcoin. Moreover, we are talking about Binance and about the Bitcoin, which was there 5 months ago. Thus, exchanges can freeze any amount of funds in order to cover cash gaps simply by tinkering with their user's transaction history. If suddenly a user once bought from someone a “dirty” BTC on OTC, send it on the exchange and then conducted operations with other BTC there for a long time, then at one moment he can get a ban and the exchange can don't give him money as much time Exchange wants. I think it can affect everyone. so I share this info with you guys because I recommend you hold your money ONLY in your own wallets! so be careful and Happy New Year! It's better if we secure the assets that we have in our personal cold wallets than we store them on the exchange because we shouldn't trust too much on the system that is on the exchange, especially if we are freezing as you say, of course all assets and money we have can be lost without the possibility of going back again, especially the reasons given by the exchange usually do not often make sense.
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I never want to participate again in an airdrop because it's just useless, now I don't think airdrop is of any quality at all, and a lot is a scam / junk coin, so, it's better for me not to participate in airdrops anymore, some of my friends ever hit by phishing attacks that do exist in the airdrop link, including from airdrop in the name of the BAT Browser some time ago.
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