Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.
why does it change prices constantly and never stagnant?
Hm, from my opinion, the fluctuating prices occur because cryptocurrency still not considered as a legal currency in some countries. If there is any bad news about cryptocurrency regulations, the price will decrease because some peoples panic if they cant use their coins anymore in the future.
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I think all of cryptocurrency coins are best for long term investment. If you invest it only short term, you won't get your ROI at its best. Just choose a good coins, and hold it for long term.
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If they are playing a dangerous game, let them play. We just watching them and dont want to join them. i mean we dont need to follow their pace. If we follow, then we are being manipulated by them.
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I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
Maybe peoples who support it don't have time to waiting with their holdings. If they can makes fast income, why not ? For me, altcoins and bitcoin should be hold for long term, either you hold the coins, or buy some tokens and hold it.
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have being studying some ico this year they are failing , what are the causes of there failure
Some peoples says the ICO not running good because their marketing strategy is not good. Peoples need to know about their project if they want more investors come and buy their tokens in ICO.
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it will be worth if you investing in a good project only, just invest on a bad projects. 10k is not a small amount of money, you should do your own diligence first before investing on any kind of projects.
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What is the best project right now, regardless of Token or Coin price?
Things to look
Real use cases Adaptibilty of the system Why is that necessary?
You can buy EOS token in binance now because the price is at the low, around $10 per token. EOS is a very well known coin in crypto holders, buy it before the price back to normal ( around $12-$14 )
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Is it good to leave my job to dedicate myself to full-time cryptocurrency?
Not good, unless you are expert in cryptocurrency field, i suggest you to not leaving your main job. cryptocurrency is a risky investment because its value is volatile. You must have a main job for your stable incomes.
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For me, a falling market means an opportunity to buy more and adding your investment capital. So later you can sell more coins when the market back to rising in the future. it is simple.
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first of all if i want to invest in ICO, i will look for the minimum viable product (mvp) so that the project is really can be used by peoples. because without that, the ICO may have a long time to be profitable because they still need time to creating their product.
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i think my trading plan will be like this : buying some coins when it is on the dips, not when its value increasing. rule no 1 is buy with low price, and sell with high price. Never sell it when it falling because it is called panic selling.
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Yes Bitcoin is the highest of them all.
But im thinking that i should focus on some easier ones then transfer it to bitcoin so i can get a good headstart
is this a good idea or you guys can suggest some other ways
Thank you
Bitcoin is the highest value cryptocurrency, but it is not easy to get. If you want to mine bitcoin, you will need to buy it. Bitcoin mining equipment is not cheap. antminer is the optimal for mining bitcoin, but you must dig your wallet to buy it.
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i havent try it, but i think it will be fun to learn about crypto in the courses. i know about crypto since 2017 and i think my knowledge is still shallow. having a course about crypto will be good, it will adding your knowledge about cryptocurrency.
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Do u buy ur favorite Cryptos on the dips or do u buy bitcoin on the dip? I'm buying bitcoin rn and stop buying other Cryptos. Gotten bored lately.
my favorite coin is ETH. Of course i will buying it and already holding it. Today, bitcoin and other crypto are still on the dips. I am sure later cryptocurrency will rise back, and the market will bull run.
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Wrong, the foolish one are the peoples who bought it when the price is high. Buy low and sell high, that should be the right thing to do. unfortunately that kind of peoples will only dump their coins after.
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If I could pick one crypto that suits for holding, that would be ethereum. Do you agree that this one is good for a holder ?
It's more established than other alts in the market and companies are adopting it.
Yes holding an existing good coins like ETH is good for us as a holders. I believe ETH value will be more than the current price. and if you use your ETH to invest on ICO, it would be more good for your investment portfolio.
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im not an expert trader but i have a good experience from my mistake. I was selling my coin because the price falling. Later at december 2017, the price comes high and i regret to sell before it. So, if your coin price dropping, just wait or trade another coins.
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Do you think Bitcoin will remain the most dominant coin both short and long term? Even though it does not remain the most dominant coin, this will not be the same as saying that Bitcoin won’t exist long term.
Yes, bitcoin has been a dominant coin since first time created. i think this is because bitcoin is the first cryptocurrency coin. many peoples already hold their bitcoin from year to year, therefore bitcoin will be the dominant coin.
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I really wonder to some people who think bitcoin is a ponzi scheme. It has made so many people rich and doing better till now. But I don't understand the reason behind this type of thought?
Because they saw many bitcoin holders from the earlier time have gain so much returns with their bitcoin. They are wrong, but we can prove that bitcoin is not a ponzi by join to involve in bitcoin and get some incomes to show them.
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https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/ I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction. Yes bitcoin is not only a digital currency, but it is also an asset. Not a common asset because your bitcoin value asset will be easy to change. being asset is not always bad, you can buy bitcoin and hold it. Later it will become a very valuable asset in the future.
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