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It is very possible that ethereum will be the next big thing in the crypto currency market the way things are going at the moment but not that it will overtake Bitcoin but will remain only best alternative to Bitcoin.
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There is element of market manipulation particularly by the Whales who bought huge amount at the cheaper rate and sell later when Bitcoin value appreciate and that make so many people lost during correction period of they thought its value will continue to appreciate but later cut off by the Whales.
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I think that your earning has no strong backup to surport your point that Bitcoin market value will decline as low as $1,200 which i don't believe that Bitcoin will ever decline to such amount in the next few years to come.
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I think as much as you have up to like a hundred dollars or there about you should be able to trade on any crypto currency exchange such as poloniex exchange, bittrex and the rest of them.
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There are so many factors that affects Bitcoin market value positively and negatively which rang from technical and fundamental issues. On the technical aspects Bitcoin react base on the chart movement as history repeat it self and that of fundamental has to with news in the economy in relation to crypto currency.
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Well, is not only Bitcoin or crypto currency that is volatile but faith currency are all volatile as they all react to the fources of demand and supply and equally other fundamental issues around the world.
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In my opinion the best coins to invest for a long period of time with the hope they will in value in the nearest future is Bitcoin, ethereum, NEO, Moreno and stratis which i believe there will all appreciate significantly in the long run.
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Well, your speculation has come to pass because as at the time of this post Bitcoin value is is trading below $7800 which i believe is is a good one for people to buy and hold for a period of time since we all believe that it will increase in value in the nearest future.
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The market value of Bitcoin looks so steady since the couple of weeks and I believe that the nest move will an upward direction to the moon which will surprise every crypto enthusiast or members of the crypto community at large.
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The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs. What actions should governments need to take and how individuals can contribute?
Government has a lot to do in other to better the life of its citizenry by way of implementing a sound Economic policy to tackle the basic human needs. Although individual can equally help can contribute their own quoter since not everything can be provided by the government.
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Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this? Anything that you can share and advice to a newbie like me is appreciated.
To become a crypto currency trader required a lot of knowledge in relation to crypto currency and patients for you to be a successful trader. And for you as a newbie , you will really need to study about the basics of technical analysis to enable you succeed in trading crypto currency and equally researching for fundamental issues in relation to crypto currency which will equally help you to become a good trader
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Sell every thing for crypto currency trading is some how not rational in my opinion but you can invest maybe 50 percent of your money wisely in crypto currency market so that you will have some thing left to fall back on in case anything bad happen to the you invest in crypto currency market.
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Wrll based on history i will say that the month of January usually witness lowest price of Bitcoin and other altcoins but who rver jas a contrary opinion can say it.
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I don't believe that one can trade crypto currency without any forms of loss no matter the level of ypur experts in the crypto currency trading. But i think loss can be reduce to some minimal level.
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Before should go fully into trading crypto currency one need to have tje prerequisites of what trading crypto currency is entails before putting money to avoid heavy lost of capital. A good knowledge of fundamental and technical analysis will really help.
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Op that decision might be too risky as the volatility of Bitcoin and other altcoins are toi high for one to transfer all his or her savings in to crypto currency.
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I don't believe crypto currency exchange manipulate coins market value in any way and for the fact that the of the one coin value on exchange A is different from what is obtainable in another or B exchange doesn't mean there is manipulation of currency.
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I believe that it is the best time to invest in Bitcoin because despite the fact that many people fill that is some how late there are strong speculation that Bitcoin market value will reach $30,000 to $64,000 by end of December 2019.
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It will actually worth holding only if you believe that the value of the coins you are holding will appreciate over time then is worth holding. Although you must have the patients so that you will end up selling at lost during correction period.
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I think the amount one need to pay for Donator status should be reduce from 10BTC to maybe like 1BTC since the market value of Bitcoin at the moment is fa higher than what it was in 2011.
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