What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have the potential to grow or not?
Don't just rely on price! Do a research and surely you will be guided with the best coin to invest. Some coin with less $1 has sometimes gone beyond to the bottom and getter harder to bounce up again. There are a lot of altcoin in the market and a single coin may not gain attention to the traders to pump the price up. For direct start with the Bitcoin we need to invest with lesser amount so that we test ourselves the decisions and overall process if satisfies then we can safely start buying with huge amount. Other than this another way is to start with Altcoin or Litecoin for short term as these are less valuable coins so we can get more experience with it due to its continuous processes after which we may be able to start safely with Bitcoin. |
|
|
|
Short-term investment is for risk takers, if you are a experienced trader then you can do it. As far as long-term investment is concerned, if you want to play relatively safe then got for it. No one has suffered losses by holding bitcoin for long-term.
There are also people who take risk and invest in long term. Short term is often chosen by those who want instant profits. Besides, it also is dependant on the type of coin you are investing in. If you want to invest in crypto like Bitcoin or ETH, you can get great earnings in keeping the investment for long term. However if you have NEO or Litecoin, you can go for short term trading as well. |
|
|
|
Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
Taking risks are part of becoming a cryptocurrency trader. Do no afraid to take the risks for you to not panic and make better decisions. Trading cryptocurrencies are not easy job, it requires a lot of strategy for you to perform well. That is right. Risk is one hurdle that often keeps people away from investing in a particular asset. But there are some people who do not follow this strategy and simply prefer the future profit over the current market risk. Such people often get the opportunity to cash big hand in the market. This is one good strategy to make good investment decisions and panic is something that incur you nothing but loss. |
|
|
|
I think bitcoin dip going until 5300$ range Which is strong support. But Sometime it will dip beyond the previous high But It will happen because of FUDS or bad news.
What is your opinion guys, Where it will stop
Ignore old news. Now the gear moving forward. Bitcoin price slightly increasing day by day.. So i hope this will recover soon. As i told already ignore fake news about bitcoin. From my experience bitcoin will never die. Bitcoin has been moving in its low market since the start of year 2018 and took a lot of time to recover which indicates that demand rate is slow and decreases that is why the price falls and suffering from downfalls. However the market has recovered in the past few days and today we have an improved value equivalent to 6707 dollar and if this continues then our future upcoming days will be better. |
|
|
|
searching for articles online, youtube videos, bitcointalk forum and constant practice of trading will help you very well
Yeah, the good thing about our present world right now is that there is lots of information you can always make good use of and learn so much to get better over time. It is just a pity that a lot of people today are lazy to learn and they just want to do things their own way and expecting that making mistakes from experience will help them get better but it does not work out that way unfortunately. As long as the market is concerned, it involves making quick decisions based on knowledge and even with that knowledge you can still make mistakes, let alone, not having the knowledge at all. Professional traders are enriched with the knowledge of trading either traditional or modern they are efficient in their works and know how to make strategies and plans to make money. Professional traders do not think that what are the situations of market but they think only for benefit to make plans in order to make it. In the current market of Bitcoin they do not care what the market is and what will be but they are in making decisions which benefit them, they think that market changes with the passage of time. |
|
|
|
It is worrisome when the price of bitcoin is so low. But I still believe that by the end of 2018 the bitcoin price will be 30,000 usd or maybe higher than 30000 usd
Don’t just worry brother. This all become fine and crystal. Just wait for some time. Although people are waiting from January of this year and still satisfactory results aren’t shown but still don’t just become loser and hopeless. Bitcoin trading is nothing but to become a patience boy. Else you can have so wrong and bad times. Better is to wait for the jump of bitcoin. We saw a highest fall few days ago which was 5.8k dollar this year and if we bring this lowest price of the year in comparison with last year lowest price which is a very better value and we know further that average value increases with the passage of time that is why will be having a better future value. it will break the last year highest value record this time so we are waiting for the time to come. |
|
|
|
Bitcoin exceeded $ 10,000 in 2017. What's going to happen to Bitcoin in the coming year?
There was a reason and a snow ball effect why btc touched 10k and further more in 2017, it all started with the wanna cry ransomware attack , which created disturbance in the bitcoin and crypto world , suddenly the demand increased and the supply was less and thus the rates increased drastically overnight, it attracted investors who indeed invested and created more demands which indeed gave a bounce further to the bitcoin prices, as of 2018 the hit is settling down and bitcoin is achieving a average rate as of now. |
|
|
|
Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
Meehn… the question is whether you can trust your country’s government. Some governments are not reliable and they are just criminals so investing in something that is being issued out by them is a very big risk Just like in my country, if the government starts to issue out coins like bitcoin I wouldn’t go for it cause I’m very sure they one day they will make up stories to steal peoples money from them lol. So you better stick with this. |
|
|
|
but keep in mind, economic growth, rising dollar and also oil, inflation, does not affect crypto at all. crypto is not associated with them, because crypto makes its own value. so it's true if you call the economy up and up, along with the increase of crypto in the market. but they are completely unrelated.
Everything needs your knowledge to mange and to make right decisions according to the present conditions if are favorable then it will benefit and if are unfavorable then do not step forward. These strategies made us better financially besides countries which are also making their economies better with it. Bitcoin is more valuable currency which makes huge product that is why countries are looking for it. |
|
|
|
What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers
For sure Bitcoin will become a worlds digital currency and will be used all over the world. Many people are taking interest in Bitcoin due to its high profits and value. It is the most stable currency in the crypto market and has a large number of users all arounf=d the world. Surely Bitcoin will be highly demanded digital currency in the future. This is obvious from current numbers that bitcoin is showing such drastic change in people behaviors. There have been so many news things came in market for so long time but people never shown up for anything like they did for bitcoin. Thousands of people are entering in bitcoin world every day. So don’t just worry and time is coming around. Pack yourself up for big profit. |
|
|
|
Day trading is very difficult to guess in the market, people who don't have much experience with the day trading the only option they choose is a long-term holding. They will bother only when their holding started increasing, i do agree long-term holding will always benefit the investors instead of short-term.
Long term is actually the name of the investment made with the money that is not needed for instant use. This way, you would not worry about the money invested and hence about the market fluctuation in the price as well. Once we have enough rise, you can cash it be it after months or years. It actually adds the time value of your investment into your overall worth of the portfolio. Simple is that. |
|
|
|
I think many things can affect the price of bitcoin in the market, such as bad news bitcoin, bitcoin demand and sales as well as the participation of major countries also very influential on the movement of bitcoin prices.
therefore why bitcoin prices change very quickly because there are many factors that affect it.
Actually it is we who are responsible for the price increase or decrease because when we demand for something then its price starts to increase and when our demand reduces then the price of product also reduces. There is no other source and center from which the Bitcoin is controlling and we know well that it is decentralized cryptocurrency, only we are here for its price increase and decrease. |
|
|
|
Crypto currency has a greater future no doubt and we have already seen it since the inseption of Bitcoin in 2009 ehen its value was below a dollar and now above $8,500 as at time of this post.
Actually, bitcoin has a big potential to have a better and bright future. I think the adoption of bitcoin in economy and industry will totally spread in all country in the near future, Furthermore, at this point some countries already start to accept bitcoin and I think all countries in the future will accept it and they will legalized as a currency. Besides, it can completely alter there important authorities of the government that are the monetary policy used by the government to alter the money supply to the economy and to control the inflation or deflation by using this instrument. Besides, the banking system can be upgraded to the next level if Bitcoin became the international currency in future and if it is able to replace the cash from the society. Having said that, we are in a position to conclude Bitcoin will gain huge worth in future. |
|
|
|
Very cheap ETH will be when mining profit around zero, i hope that never happens, but $400 for speculations is pretty low too.
Irrespective of the mining profit, ETH has fallen very low. More than 50% fall since the last value was $800. These are because of the fall in the value of Bitcoin as well as the fall in the demand for the ETH. There can also be price manipulation in the crypto which results in the price fall. Having said that, we can say ETH is on the low level but the market will recover soon till December and this is an incentive for us to invest now. |
|
|
|
by xmas this year
Ethereum is one potential crypto right now in the crypto market and since we are witnessing a rise in the values of Bitcoin, ETH will also rise soon and might recover the value it fell from. Besides, there have been experts peculating about the value of ETH and how it can pose a threat to Bitcoin. Having said that, we can ponder over the question which gives one hint that this can be possible only if the market value of ETH went up. So yeah it will go up soon. |
|
|
|
Bitcoin cannot be replaced by any other crypto for sure as not only bitcoin but all the crypto market have experinces=d a drop in value from the start of the year. From this, we can say that pump and dump in the price of bitcoin also affect other cryptos. And crypto is very flexible and it has a pump and dump situations every year from the start and I think one should HOLD all his Bitcoin for now and just wait for a high pump in the price and I am sure that bitcoin will reach an all-time high this time too.
Bitcoin can definitely not replaced by any other coin not only because of its high rate and being most volatile among other cryptos but due to the fact that it was the first of its kind and a bit of emotional attachment to the particular crypto, well to be honest holding will be the right option for anyone who can wait around a year to book their profit and for short term peoples you guys can sell off and invest somewhere else, cause bitcoin wont rise again any sooner. Or will it...?? |
|
|
|
I read, 80% of the coins being dumped now are from long term holders, they want OUT!
There are more sellers but who will buy or mine Bitcoin at such high prices
I think what you heard might be wrong. If it was so then there would have been a massive dump and the price would have gone way more down that it has gone now. This might be just another temporary correction and we should probably wait another week or two to see whether the market gets stable or not. If you see the history of BTC you can see that the same pattern repeats again and again. Once the wave has completed another wave starts and the prices starts shooting up. Just wait for the right time. Exactly if 80% of the coins were to be dumped then the rates would have been affected highly due to the supply being more then the demand but that not being the case whatever he said can be neglected, but also the fact that bitcoin’s fall from 20k$ to 6k$ means at some point there was a panic selling of bitcoins which indeed caused the downfall of the coin to such a rate, whatever be the reasons, bitcoin trading won’t end anytime soon. |
|
|
|
I think now is the right time to buy more bitcoin because the price is very low, but I think after a while bitcoin price will rise again and if we buy more now we cant make more money in the near future. What do yo think?
Yes that’s also what I’m thinking. The price had been low and stable and there haven’t been much fluctuating lately. Anyone that wants to invest should better do it now than continue to wait till its very late and they will start regretting not investing their money when it was early. I already bought some bitcoin around February/March when price was at $6000… at least I have some little profits on what I purchased. I believe that by the end of this year the price will reach $10.,000 and might even go above that. It takes patience. |
|
|
|
It really depends on your budget. 0.1 bitcoin will do but if you have a large money, go for 1 btc then wait for it to reach the peak season for crypto and you'll surely have a big profit.
Yeah forex is better option because it gives your amount a safe place where you can’t be just worried about it. If things aren’t going in your favor, don’t just worry. Forex wouldn’t let your coin down and you could be patching up very soon with high prices. This choice must be made after selection of your coin. Do proper research and then go for one thing. Good luck everyone. |
|
|
|
I'm currently freezing my account. I will not buy or sell during this time. This only makes me lose more money.
Altcoin price is $18.54 which is a good price and inside the circle of all of us so its investment is mainly favorable for short term because there is not much gap between its low market and high market value. The price is not fluctuating with big gaps so if a person wants to invest then he can surely invest here. If savings are low and you desire for the Bitcoin then start from Altcoin and upgrade into the Bitcoin after making profit here. |
|
|
|
|
Show Posts
