You should learn the both and eventually makes your choice, no crypto enthusiast should limit himself to only a particular aspect, you need some trading knowledge in making investment decisions, both type of trading all have different outcome and requirements. Particularly for a very busy person, long trading should be the best as you do not habw to watch the market all day while short trading requires constant monitoring
Even tho I do daily trades time to time I still love long term investments. I do buy some smaller coins that I think is on the verge of exploding and if it doesn't do that in couple days I sell it and cash back to bitcoin however on coins like nano and specter I just invest into them full on because I believe they could be more than what they are right now. Nano maxed out at 34 dollars and right now it is fraction of that, specter is the same it was once over 6 dollars and right now its at around 20 cents levels, these coins do worth at least half of their all time high prices so I see a big upside in both of them. |
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Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
On this current crypto market movement,i prefer to buy more bitcoins and also some altcoins,i will trade it and also hodling especially more bitcoins for a long term. Because,i still believe that market will recover before this year ends. I will just wait it out. I won't do anything crazy. Whatever I make from my work online, I cash out most and keep a bit inside, I do this during bear markets, I will do this when bull comes, I always do this. Try to save about 100 bucks a month in bitcoin, that normally should come to 1200 saved with no swings in price but recently there was too many drops in the price so I had lost a bit of money however in the same way if the prices go up a lot that means whatever I saved during this bear market will look like I saved a lot more than I actually did. It is a give and take world, if you give, in the end you are the one who will be taking. |
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Vitalik, judging by the latest news, has already stated that he is preparing to leave his project. News of his departure will do more harm than news of his death. If it goes off the Ethereum, the network may well react with a sharp drop, if it did not become quite that there would be a big increase.
However Im sure that if ethereum still alive, there's still hope. The point of being decentralized is that it will not rely on individual or instituiton, ethereum is owned by community. Maybe vitalik leaving is a bad news and could potentially affect everyone involved to ethereum but however it's hardly bring down ethereum to the point where it will have zero value. I really highly doubt it. We do not even know who satoshi is let alone if we know if he is still alive or dead and yet we still believe in bitcoin. Crypto space does not belong to anyone which is why we call it decentralized which means if god forbid anything happens to vitalik ethereum should not go down. Now it is not exactly same with bitcoin because we never knew who satoshi was so the idea of bitcoin is to make sure it is not centralized and depending on one guy whereas ethereum always had vitalik and we know who he is and what he says makes a difference but I still think people will follow where money goes and not care about his health. |
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The significance of bitcoin decentralization is that the system works without a central bank or single administrator.Bitcoins are sent from user to user on the peer-to-peer Bitcoin network directly, without the need for intermediaries.
I think the main point is that in 2009 when after the 2008 crisis banks got bailed out and people paid for it was the threshold for people to be sick of banks. Since 2008 none in the whole world likes banks anymore, back in the day it was great people put up investments and everyone really enjoyed the profits their banks gave them without looking at the risks and the dangers of what the banks were doing, ever since than people have been hating on banks, everyone. The only people who truly like banks are bankers ever since 2008. Now bitcoin is decentralized because we do not want any intervention or we do not want any dabbling with it which means we the people truly own bitcoin and not a centralized place. |
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I'm here for example I do not understand how you can trade on the sets of exchanges, and even more so this applies to those exchanges that no one knows about.
Phishing is one problem everyone needs to be really careful about, if you are using an exchange and have your money in that exchange than just bookmark that exchange so you do not have to type into google each time, you can have it bookmarked and click on that each time you want to visit. That is the simplest way to be away from phishing because you will not be googling anything and just going straight to the website itself thanks to bookmark. Exchanges that look legit but are actually doing ponzi scheme just allowing people to withdraw from each other until one day there are no money left because they got it all is still a serious problem tho. |
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Ofcourse the whole world is changing and young kids will be our saviour in the future, if most of all the GEN X gone. Millennials will rule the world of crypto/digital. Remember the Dot.com bubble? When GEN X was totally disagree on the system and now they're adopting it.
We can go "semi-digital" with crypto. We can definitely digitalize many things thanks to crypto, finance being the most important one but with blockchain many things can digitalize however in the end there will always be pen and paper people. For example kindle has brought the world of books into digital world and there are millions of people who read book on their kindle and tablets and buy ebooks instead of real books (which real saves a lot of papers and space on bookshelves if you think about it) but do not we still have regular books? We still have regular books. Crypto will make our world "semi-digital" at the same logic. |
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Just because someone bought from high prices doesn't make him a bagholder, he can drop his averages down from buying more which as a rich person he can definitely worth doing it and probably doing it plus being behind a project means being behind it on bad days as well as good days. I have been here for over 5 years now and I am supporting bitcoin from highs and lows and really don't care where the price is going and I will still be here.
If you are not supporting bitcoin because the price went down than you are not supporting bitcoin at all and just trying to make money for yourself. Which makes you the bad people bitcoin was invented against.
That is what a bagholder would say hehehe. Bagholders say things because they are so sure that their coin will make the new highs again even if the price today is saying that there is a possibility that it might not occur. I might appear that I am teasing you, but we should be honest with ourselves. We are taking a risk, nothing is certain. that is stating the obvious, nothing is certain and we are taking a risk but we are talking about chances and potentials. unless you think bitcoin's potential has just ran out and the adoption has hit a brick wall and stopped there is no reason to believe price isn't going to rise up. and the current price is not giving us any reason to believe otherwise. price is currently stable and looks more like a solid accumulation phase just like the couple of prolonged accumulation phases that bitcoin had in the past after each of its bubbles. each of which eventually led to a bigger rise. Agreed, until there is another dump. Then we would need to adjust our estimates again and set our expectations lower. Also, before the year ends, what would that say about Tom Lee if bitcoin does not move up on top of $10,000? Was he lying, was he naive or is he a bagholder? hehehehe  let the man be! He is just really speculating anyway and there is no harm in that, and it is not like his speculation is not reasonable, at least a lot better than those who are calling new ATH before the end of December. The thing is that we all cannot know what the market holds and surely I am certain Tom would come with another excuse if the price eventually does not get up to $10k by the end of the year but all the same, looking at the way things are presently, there could be a chance based on however the market tend towards before the end of the year, either upward breakout or downward breakout from the descending triangle. |
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the project and ICO are a plan and this has no reality, for that we need to deepen the whitepaper and roadmap for the project. I see the bounty manager is the key to the initial success of a bounty and then the team that will take them to the market
Forget the roadmap and the whitepaper focus more on the team get a glimpse of the project summary in all, then, look at the availability of a real product and something that would really be of huge relevance in the long run which would make the demand for it become something of a reality than a fluke. Finding good bounty is not hard at all, just know that whatever you are doing, you want to be sure you are working with a team that is experienced and trustworthy, and you believe in the long term of the project, and you can then decide to check the whitepaper and roadmap or whatever else afterwards. |
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I jus dump half my investment from stocks into btc. Now I'm fully invested in bitcoin. Before I had invested in bch and it dumped. While I converted to fiat. Long story but I'm still alive after the ath 19k n buying the dip. I thought it was going to 4k. But i guess its a good time to buy now. Best of luck.
I think its time for buying more bitcoin. Bitcoin price already drop more than 60% from ATH and i am believe the price will recover soon or later. Better make long term investment on bitcoin because bitcoin have biggest liquidity in market and more people will invest in bitcoin Well, half investment from stocks to bitcoin is not a bad deal; at least, as that shows you are trying to touch all zones of the market. Now, it is a good thing that the OP understands the market could go lower, and he is still willing to take the chance anyway, but I would have advised him to allow the market to really make a decision before even making such a huge decision. At least, since he has been in the stock market, he should have some little understanding of how market works, and knowing we are in a descending triangle, and the market breaks lower, we may not be sure yet how low it gets until we get there. |
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I hope that this month, will welcome a strong capitalization from new investors, then the market will flourish, and you, do you think like me?
Q4 is up trend period of crypto currency, but I don't know which month, What make you think it is October, can you please explain ? I think it will be December because of ETF decision For a while now, we have always seen the last quarter being the quarter for the bulls and we have seen how things have always been over the years in this respect. However, no one can really say what time or the part of the month when we are going to see anything serious and I would not be surprised bitcoin may not even make much move upward and could go sideways during this period while the alts tend to do its thing within this short term. The market is highly speculative and we sure know how traders and gullible investors can quickly react to a moving market and before you know it, FOMO kicks in. |
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I'd think facebook is scsry for me because i myself am a heavy user of it and almost all my apps are synced up to it so I don't need to enter my passwords all the time. That being said, there is alot of pertinent dta there about me. Although this data in itself is not important, but combined with others, it's dangerous.
You better watch out bro! You are being monitored and your data is being collected across board. Just kidding though! However, it is still something you always have to take into consideration when it comes to data and with some of the news we have heard in the past about Facebook selling the user's data to highest bidders which to me is highly unethical. Sure, we can say we share data everywhere and as long as we are on the internet, data are prone to be leaked sometimes, if it gets into the wrong hands, but whichever way, in this case, what can we really do about it? |
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All specialized newspapers and magazines, forums, chats, reddit, twitter, etc. they are talking and commenting on the announcement of Circle to create its StableCoin (USDC); at the moment little news has been leaked except that at the launch USDC should exchange on Polinex (bought by Circle just a few months ago) as well as on OKEx, DigiFinex, CoinEx, KuCoin, Coinplug and XDAEX exchanges. Many are saying that soon USDC will replace Tether and replace it soon. https://www.coindesk.com/usd-coin-arrives-circles-crypto-stablecoin-is-now-trading/There is no doubt USDC is a good addition to the space, but it is too premature for the talk of it displacing Tether, I know Tether is not perfect but with a marketcap of over $1 billion you need to do a lot before you catch up with that. For me the competion with help drive the prices of Crypto assets up. Agree with this totally! The thing is in as much as the USDC would be just another option in the space for stable centralized coin; it still does not just mean all of a sudden everyone would just discard the usage of tether completely. There is absolutely so much to go around, and apparently like someone said, will be backed by real fiat eventually, and for the fact that Tether has grown huge over the years, and being widely used across board, makes it so hard for a new stable coin to just displace it, when it is not like it has something different or better to offer than just the capability to use it to hedge funds. |
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The price of Bitcoin now is very appealing, considering that the price of $6,600 last year was reached at the last quarter of 2017 then it started to crawl up to $19,500. If all happens the same just like last year, then $20,000 USD is just a piece of cake. But consider selling a portion of your profits when you reached a goal to secure your profits and keep some in case price continue to go up.
Not understanding what the future holds is one of the reasons why a lot of people have missed out in getting a huge benefit in the long run. It would only take someone smart, who really understands the long term benefit to focus on the long term and always see times like this as the best time to invest more for the long run. However, due to the fact that some people just want to get rich fast, they tend to focus so much on the short term and that simply shows the reason why they have no plan whatsoever when it comes to investing in the market and they either join FOMO or panic when there is FUD. |
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If I get free token from bounty will directly sell when it listings in the market. When the prices down then still profit, because the free token. If the token good better to investment the long term.
Selling directly at loss or selling at a good price? These are totally two different things. A lot of people tend not to realize that as long as you are selling at loss, you are basically a weak hand in the market and you are not actually doing yourself good unless maybe you are a trader and you are looking to buy at a lower price. As long as a project still have a good product, a great team and possible chances of developing hugely in the future, I wonder why anyone would want to throw away the chance of getting a long term benefit just because of the short term gains that amounts to nothing. |
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in my opinion, the price of bitcoin can return to a very expensive price when there is good news and when the demand for bitcoin increases and when the total supply of bitcoin is up, I'm sure the price can be very expensive and can bounce back more than last year's price.
Obviously, at some point in coming years, I expect the price of bitcoin to move up pretty well but not in the short term. We still have chances of actually seeing bitcoin doing some pretty good movement upward this year, but I really would not want to put so much mind on a price above $10k, as that would not really be something I would want to pay so much attention to, judging from the downtrend nature of the market presently. However, looking at the possibility of the future, this is something that is expected anyway and one of the reasons we will always keep clamoring that people who whine and complain about a downtrend market should see it as an avenue to start picking up the dips. |
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Proper Regulations Will Boost Confidence in Cryptocurrency Sector: Abu Dhabi RegulatorThe regulatory chief of Abu Dhabi’s international financial center and free zone has called for tighter regulations for cryptocurrency trading and ICOs while recognizing the growing global industry. Nearly a year after issuing its guidelines for cryptocurrencies and initial coin offerings (ICOs), effectively regulating the industry, the Financial Services Regulatory Authority (FSRA) is sharing its framework with its regulatory counterparts around the world. “This space needs to be properly regulated, otherwise there is the risk of financial crime,” FSRA chief executive Richard Teng was quoted as saying by The National. “Every time a coin gets stolen or lost, it affects the confidence in this asset class.” Notably, FSRA chief executive Richard Teng insists that “a lot has changed” over the past few months in a changing landscape that forgoes fears associated to cryptocurrencies to the recognition of a growing industry that requires guidelines to responsibly develop and encourage the sector. He added: “We are confident that our comprehensive regime – which we have shared with global regulators like the [U.S.] SEC, the UK Treasury, Financial Conduct Authority and Bank of England, and regulators in Singapore, Hong Kong and Japan – can address these risks and bring greater confidence into this asset class.” The Abu Dhabi regulator’s comments come at a time when lawmakers in the U.K. urged the government to prioritize regulation of the cryptocurrency and ICO space in a Treasury Committee report published today. https://www.ccn.com/abu-dhabi-cryptocurrency-regulations/ A lot of people have been skeptical with the idea of regulation, but if we really want to be truthful to ourselves, without regulation, this space will not grow quickly and it may actually be the beginning of its downfall. Certainly, regulation does not mean the government will simply have full control over the whole space as long as nothing changes in the protocol. However, when the activities surrounding it are regulated, people are called back to order, steps are taken to eradicate scams, and then, it would really be a good way to start. |
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I believe that in future crypto currency will become the main mean of transaction .We must learn the practical use of it. It will happen if we deal in the market. In school we can learn only theoratical part.
If that happens, it won't be soon. Cryptocurrency is a young and fragile financial instrument. I think if the state allows it-we will be able to see it. Yeah, this is still a very young space and a lot of people are still skeptical about the subjects anyway and really do not know what the future holds. Certainly, when things start going on better grounds positively, we might end up seeing things like this happening and then, students and everyone all over the globe trying to get a clear understanding of all they need to know about the space, past events, present development and the future benefits. |
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The blockchain technology has been identified as a means of supporting and boosting upstarts and small businesses. The open source protocol, transparency, and peer-to-peer interactions makes it suitable. Your idea looks good on paper. Time to get to work.
I believe on the same thing. While cryptocurrency is at the turmoil right now and greatly riddled with so many scams and frauds, the technology behind this all which is the blockchain that is the one which is more important and has the potential to revolutionize many sectors including the SMEs players. Small business can be lean and can easily adopt to new technologies provided there is already an available infrastructure they can easily use...this is now the challenge of many providers to come up with the effective, robust but very much affordable platform for small business that can bolster their business and can level the field in the face of so much competition for customers' attention and purchasing power. This is the time for small business to shine... We are all in it surely for the technology and the whole scam thing is just a distraction from scammers and those who are looking for different means to get rich over night without having to take their time to study and understand the market they are in and how to play safe. I believe with Small and Medium Scale Enterprises, adopting blockchain technology, it will certainly help in boosting their business in a whole lot of way than we can even imagine. I guess we are already beginning to see that gradually anyway and I believe over time, we will get to see more. |
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As others say, we all do mistakes and many guys here made some type of mistake at the end of last year, some bought coins and some just not sold them while on high. But the good thing is as I believe we don't want to pay for these mistakes with money, we should pay just with time, we will wait and after some time it should be possible to sell our coins with profit.
Well, no one is certainly above mistakes, and what is important now is to take advantage of those mistakes and do well with it in the long run. Now, in this situation, I expect that rather than anyone to be complaining about the market that is down and the losses they have accrued, they should understand that the mistake they made in the first place was to buy the peak, now, all they have to do is the opposite by buying the dips to compensate for their investment in the long run, rather than worrying which does not solve any problem |
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Isn't it interesting that those who pontificate that "Money is not everything" usually have money?
Be broke for a few weeks unable to pay your bills, pay rent and afford basic necessities, and then let's see if you'd still hold the same position about money.
Let us be sincere and stop fooling around; MONEY IS SOMETHING! A very huge something!! At least in this present world. Might not be a big deal in another world. But in this world? Save me the sermon.
Without money in this world, rarely does anything get done. In fact, many things suffer needlessly without money. Even the Bible is flat-out frank enough to recognize the fact that money answers all things in the context of this present world. It doesn't say money is "the answer to all things" but it answers all things.
So please, before you sermonize me that money is not everything or that money is no big deal, credit my blockchain address with one thousand units of Bitcoin and forget about it. Then I'd believe you. In fact, I'd sing it along with you...money ain't nothing!
The fact that they have money does not mean they should fix their mind on money being everything! Ok I take that back!! Whether we like it or not, money answers most things, at least with money you can take good care of yourself, you can live the life you want, you feel even more relaxed sometimes. However, I can agree that money can help solve most things, but certainly not everything. In this part of the world we are living in though, if you do not have money, you certainly will have more problems. |
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