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Set a target then hold your investment. If bitcoins rate hits your target then it will be safe to sell. Don't rush everything, think critically when it comes to investment.
You are rational and investment-oriented. But I think today the price is a good fit for sale, suitable for those speculators to leave, and they have disrupted the order in the cryptocurrency market and it is time to leave. |
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Hopefully, the Bitcoin slump, many people have panic or disappointment. Need a wave of gains to lift people's confidence in bitcoin, telling the world Bitcoin is not dead, it exists, and will develop better.
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Thanks for your advice because I've been hesitating to decide whether or not to sell off some of the Alts. The benefits they gave me were not high, but they dropped by more than I could afford due to Bitcoin's decline, and I started yesterday Think about whether you should take the opportunity to sell while Bitcoin rallies. But your suggestion has strengthened my belief.
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Is Bitcoin not popular does not depend on us? But you can look at the entire bitcointalk, every day someone is updating the post, then bitcoin how may not popular. And Bitcoin is the basis of all other cryptocurrencies, and its rise and fall will affect them.
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I think this is impossible because digital currencies are not known by too many people now and many of them still do not know the usefulness of digital currency and do not know how to get it.
Yes, many people do not even know about digital currencies such as bitcoin, ETH and so on. They have not even heard of it, banknotes are nationally recognized legal currency. It is a bit difficult for digital currency to replace legal currency, but I will still look forward to it. Yes, I also agree that digital currency is hard to replace for the time being because they do not use electronic money because they do not have the Internet in some places and people who do not know it. But as time goes on, in the future, electronic money and virtual currency will surely replace banknotes slowly, but by that time, the electronic money is not necessarily Bitcoin or Ethereum. |
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Many people asking why there are a lot of altcoins, and they suggest limits the altcoin making should be done.
The reasons why I don't agree to limits the altcoin aside from the reason of decentralization.
Here are the few;
1. The monopoly of market will be avoided.
2. There is a competition of prices in the market that can limit the price of the stellar cryptocurrency to overshoot.
3. Altcoins can cause unpredictable fluctuation of prices in the market. Fluctuation of prices result revenue for the traders/investors.
4. New and small investors/traders will be given a chance to trade in the market.
5. There is a healthy circulation of money in the market because hoarding/holding will be prevented.
6. Exchange site/market can gain also a suitable amount.
7. Bounty campaign will be continued to progress.
Strongly agree that many of Altcoin's reasons for making the cryptocurrency market more dynamic are not monopolized by cryptocurrencies such as bitcoin or Ethereum Litecoin, and the entire market is less viable, making it harder for us to profit from it. |
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I think this is only temporary. Because as cryptocurrencies evolve, more and more people know about cryptocurrencies, their bans can also be broken by avid people. The purpose of the ban is for fear of being cheated of money by cheat programs, but ICO will be allowed to confirm the reliability of a project.
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Altcoin is much liked by peoples in demand other than low fee, the price is cheaper than btc but although low, if collected as much as possible will be profitable if sold at the time the price goes up.
If for ico in order to promise to be invested if we pay attention to 3 things as follows:
1. Know first Background, transparency, work experience from ico followed
2. Technology / Platform / Currency they use in the market including company permission so as not to be deceived
3. Follow Instinct, If it looks like a risky investment, just leave it. .
By the way, altcoin can make it easier to get more benefits at a lower price than bitcoin, albeit at high risk. But for those of us who do not have that much capital, this is more appropriate. |
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This also shows that the South Korean government began to recognize cryptocurrencies as the top companies in their countries officially entered cryptocurrencies.
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many people want low fees. i know what exchanger have low fees when we withdraw. you can use zb.com and binance.com. their fee only 0.0005 btc. I think it will be a lot cheaper to get bitcoin as the lightning updates over time, which will be very beneficial to our trade. |
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It depends on what you think, if not needed, there is no need to sell bitcoin, Bitcoin can be used as long-term holdings. Of course, if bitcoin reaches where you feel comfortable, you can choose to sell, but often no one will do that because people are greedy and they only crave for more.
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In many people's opinion, bitcoin is an entityless virtual currency, it does not have any value, which is the view of most people, but they usually do not understand bitcoin. And then those who do not like to vocally bitcoin bitcoin, think it is a scam. We can use their own examples to prove to them.
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This is indeed good news as more countries are mandating the law on bitcoin, indicating that the legitimacy of bitcoin is gaining more recognition. This is a very important role for bitcoin. This regulation reduces the number of frauds in Bitcoin and reduces the risk to us.
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We are in a situation similar to yours. The country does not formally recognize bitcoin, but it's not entirely forbidden, but they tell people the high risk of investing in bitcoin, advising people not to participate. But recent changes may be prepared because many countries accept bitcoin slowly.
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We can explain to people that bitcoin is not a scam so what we need to do is show us the evidence that proves that bitcoin is not a scam and proof of payment, if they do not believe in the cause we will not force people to believe in them.
I agree with you. We can explain Bitcoin to those who do not believe that bitcoin is not a hoax. We can show many things, such as our wallets and addresses, etc. Of course, they can not believe it. Then they will not invest bitcoin , So no problem. But I do not want those who do not believe to discredit bitcoin. |
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At present, China is still the largest miner of bitcoin. If the Chinese government wants to combat bitcoin from this point, I believe there is still a small impact on bitcoin. But China is not the largest market for bitcoin. In China, Bitcoin was not banned, but it was not supported. I think China will introduce some rules and regulations for bitcoin.
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If that's the case, you can only wait patiently for your government's policy rollout to trade, but I think there should be other ways to help you, maybe you can try it out with a different site.
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In theory, bitcoin has no central server.
In practice, however, bitcoin software often obtains a list of peer nodes through DNS Seed, allowing users to quickly discover peer nodes. Since the DNS server can provide you with some fixed malicious or invalid nodes, it is theoretically possible that this will be exploited, but as far as I know, Bitcoin has not seen such an attack yet. Fortunately, using DNS Seed is not the only way of establishing a peer-to-peer connection. For example, you can specify your DNS address yourself or violently enumerate IP addresses to establish a peer-to-peer connection.
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I think half of them should know bitcoin, but maybe 20% of them actually join bitcoin. Many people know that bitcoin can benefit them, but they are not so easy to join. Many of them are still Do not believe bitcoin, think this is a scam, or an adventure.
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Bitcoin may not be the most scary of the price if it does not change. Do not be confused, sell if you're afraid, buy if you are optimistic, and wait until the price you think is the best fit. This is the easiest solution.
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