In my opinion, Bitcoin can undoubtedly be called digital gold. As gold was the first currency in the real world, and still humanity appreciates it, and Bitcoin was the first cryptocurrency and is likely to be always valuable.
Really good explanation and yes bitcoin can be termed as digital gold but only after attaining a certain level of stability which is a major concern as people invest in gold because the value gradually increases and rarely decreases with a small margin but with bitcoin the scene is completely different.
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of course it's possible but the probability is too small . But do not deny the possibility
It's too early to decide the probability because only after a month or so the bull market will start and as far as I understand this year shitcoins will die, market will be more filtered as only the value altcoins will survive.
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Many times, most volumes are fake and is the work of bots. sometimes again is not bot nut when people are rushing to acquire a certain token in order to join the the price trend. at such times, values are created as many here are for the money not the tech behind such projects. just watch out for real volumes
Great analysis yes I agree with you as we witnessed this last year when the value of ripple shoot up by leaps and bounce because people were investing in ripple just for return on investment even though they knew ripple is not fully decentralized.
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It's still a bear market, so be careful my friend. Since most tokens are in a downward trend, it's easy to lose money now. Yes currently it's still a bear market and the recent pump seems to be a trap to manipulate the market and penetrate it for the benefits of those big whales. Need to analyze the situation better before investing.
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What are your arguments in favor of altcoins?
Simply put, altcoins prove the growth of cryptocurrency. Altcoin is taking the cryptocurrency into a new direction as altcoins are entering into the market with a business objectives based on blockchain and most of them already have a live product in the market look kik messenger which is launching kin coin.
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You should always have a contingency plan. It is important to have a backup, so that if the initial plan fails, we can switch to the other one in order to save us from trouble. So, don't invest only in BTC, go for altcoins too like ETH and NEO.
Yes I would suggest to divide the investment into multiple crypto currency instead of just bitcoin because last year when the value of bitcoin dipped in the last week f December the value of ethreum was raising high and by this way we can recover the loss from other gain.
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Hi All,
Is PIRL is good investment ?. Thanks.
I would suggest you to invest into some of the top altcoins instead of going for new altcoins or else invest into any of the potential ICO which will give you early bird bonus as well as good return if the bull market goes right this time.
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Choosing a good bounty program means choosing a good project. Good projects show in their team, roadmap, community. You can also join the bounty when their project has sold a soft cap.
First thing I normally look at the bounty campaign is the bounty manager as there are some really genuine and trustworthy campaign managers like Huahui who choose the right project and distribution of token is on time , other things we need to consider is the white paper, development team, partners and the product or services.
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Eth is a real quality project with massive use cases and practical implications, it is a real crypto gem by the end of this i see eth really becoming expensive, once we see volume rolling nicely in the market.
Yes Ethreum is popular because of used cases and to be honest Ethreum is a class apart from all the other crypto currencies and the adoption of ethreum platform for new ICO's makes it more valuable and reliable at the same time.
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I am very afraid for my crypto balance.At present I have some coin.I brought this coin previous december month.But at this time my balance to become very small.So I feel fear for see empty balance in future.Any one can advice me now what i am doing.Will I sell or hold my coins?
If you are fear of seeing your crypto balance go empty then you should increase your participation in bounties, airdrops or invest more on ICOs Yes that's correct but before that we need to have confident and do a proper research for us to excel further into the crypto world, there are some people and groups who are spreading negativity about the crypto but those are just hoax and we need to read the market and then make any decision if we have patience then our wallet will never to empty.
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Bitcoin price seems to be a fluctuating asset, and now the price back firing is due to the market scenario with the bitcoin dominance and the stability for the price to get pumped to reach a bigger price barrier. Possibly, price of bitcoin can be expected to reach ₹8500 at the shortest by August.
Did you mean $8500? Yes this dump was normal and those who are into this domain from long time already knew about the current price dump which we are going through, but this is not the end as we are heading towards the most awaited period of the year which is bullrun and we need to have patience to see this red marks turning into thick green.
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Btc and altcoin suck Why, i think it normal. Yeah, i know now time is not better and every market is red and all coin is down. But, thia time is normal because it is a mid yer. Wait, hold and see in a end yer and look how price will touch. It requires a lot and lot of patience in order to survive and earn in this highly volatile crypto market my friend there are traders who are making good amount of money even during this market dump using it as a chance to buy and sell when the value is high. Calm down and give it some time.
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They will eventually rise again, it has always been like that, the market is dynamic,dips like these offer buyers opportunity to enter the market at a good price
Yes we need to go along with the wind for our benefit but the only thing which I am concerned right now is about the stability as we are aware that crypto market is very volatile and some people will be afraid to invest in highly volatile market.
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I do not know what strategy is in use by people, because I have a strategy for trading myself, I will invest in btc, buy with easy price and sell expensive price
That's right and that's how the market works we need to utilize the market situation for our benefit as we can buy at low and sell at high price when the market pumps but it requires experience and ashould not panic.
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No need to analyze the price in every minute or hour. Wait for some time to go on then you should think unless it’s just lead you to unnecessary thought. I hope the price will rise above 10k in the end of the year.
Yes sometimes we think that we don't need to analyze each and every minutes but to be honest it is mandatory to monitor the market each and every moment if you are here to make profit.
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It’s not an easy task for bitcoin to reach $60000 in this year. But bitcoin is a great coin for invest and its price gradually rising. That’s why peoples are love to invest in this project. But reach $60000 is not possible at the end of 2018.
To be honest I feels it as little unrealistic projection as bitcoin can easily gauge anywhere between $25000 to $35000 and it could reach a maximum of $40000 at the peak time.
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I want to invest in products which are connected with real economic problems and are trying their best to solve them.
Yes that's the real deal even I prefer those project which has a real product and which should be used in everyday life as there are many ICO with unrealistic projections and plan but on the other hand there are projects like policy pal, siacoin, Chynge which will make an impact on economy.
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In the past months we are experiencing a bear trend but the sign of reversal comes out and now we are seeing a great run with bitcoin. I'm wondering if people are still doubting about bitcoin after this trend. The volume of buying is very strong, I expect $10k in a short run. Some of my advice to those who are new in this market just like me: Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me. Improve your skills - Analytical ways of thinking is very important in the market, learn more about trading and how to use some of the indicators this can help you to read the market. Its great also to have some mentor in real life where you can actually ask for some advice. Have a profitable trade everyone! Yes you are right, i think that most of the people who invest in the past while the market price is dumping are now earning a huge amount because the price of bitcoins today is slowly growing again. I'm very happy to hear the bitcoin grow back. Because I see people start reinvesting. And they believe bitcoin that there will be an increase. Yes I hope it's not the whales again there is a lot of manipulation going on, this year it's going to be a new era for bitcoin and crypto currency as this year will be the year of correction as there are lot of start ups which have adopted crypto unless like last year.
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Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?
last year we have seen it , Price of BTC increases similarly LTC price too increased
In my opinion, LTC is the lite version of BTC, so it is no wonder that if LTC following the BTC price. There are some other coins that following btc price as well. Now cryptocurrency price is recovering in the market from few days ago. Yes I have realized it and also invested into litecoin last year to get a good profit but back in those days litecoin was less famous still it helped me with a good amount of profit. Yes it's time to invest into litecoin.
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