Yeah it is a very smart thing to do when you learn how to hold for a very long time as digital currencies are susceptible to volatility. This is so because sometimes you can invest into a coin or even an ICO but it would be so shocking to find the price of token at exchange at a reduced price but if you know the concept of holding then you would not engage in any sort of panic sales.
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I agree with you perfectly looking at where the world is advancing towards. There is this claim or rumour if i can put it in that way that the world is going to go cashless whereby we are going to use a digital currency. And currently the digital curreny that is widely accepted is bitcoin not legally but by most crypto enthusiasts and so yeah if we are to really move into a cashless society then bitcoin is indeed the the future.
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Woow..that is a huge list to be honest and i never knew bitcoin had grown to such extent that there are so many bitcoin ATM outlets around the world. This is really a sign of victory to the crypto community since at least there is a hope that bitcoin is being accepted by the masses of people in and even some governments these days are granting the use of cryptocurrencies in their country.
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Well i don't think this is the end neither the fall of bitcoin even though most people are using bitcoin in am improper manner considering the vision of Satoshi Nakamoto. Most people are holding bitcoin as an asset but i think with time when other platforms legalize the use of bitcoins into the system and its operations it then bitcoin would furhter improve towards being accepted as a digital currency.
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This is good news to this community. With more and more countries now embracing the blockchain technology and legalizing cryptocurrencies it reduces the misconception that people had about cryptocurrencies especially bitcoin. It would help other nations to also make the bold step to legalize cryptocurrencies.
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Well i agree with you perfectly and what amazes me in this forum is that anytime the market goes down a little bit people start to engage in all sorts of cheap trade and panic sales. I get quite surprised when people do this and i think it is high time most crypto noobs get to understand about the volatility of bitcoin and other cryptocurrencies so that they can hold and invest anytime the market goes down because that is one of the ways you can earn from crypto.
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hearing that Russia is going to accept crypto is an amazing news to the entire crypto community because Russia is a very large populated country and legalizing crypto would definitely cause an increase in the demand of cryptocurrencies hence a rise in market trends. Again with a country like Russia legalizing crypto it would further increase the status of cryptocurrencies being accepted by other governments and nations.
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yeah i believe in the long term investment into cryptocurrency because sometimes you cannot really know the exact trend of the market and hence you might want to wait for while before the market gets to its peak. If you don't have the patience to wait for that long then you might as well as sell at a cheap rate any coin you are holding and run at a loss in your initial investment which shouldn't be so.
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Yeah even before altcoins bubble bursts bitcoin has been doing good just that compared to last year there is a difference but the question that lies on the whole community is that how many cryptopreneurs can even afford one bitcoin even at this rate how much more if altcoins are to get rid of the system for only bitcoin to be the only cryptocurrency to be in use. Then some of us might us well us get out of cryptocurrencies for only the whales to do their thing. We just need to find a way of how numerous altcoins are just flooding the crypto market without any value.
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The basic and sustainable crypto trading plan is to buy at the dip and hold till coin shoots to the moon. Also it is good to invest in cryptocurrencies for a very long time other than a short time because the volatility nature of cryptocurrencies can sometimes delay your profits on yoiur investment but trust me if you really wait for that period to pass and wait for times to get better with the market, you will be glad you held your coins.
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My friend just told me recently that he is leaving the bounty that we both joined last January. The ICO has been delayed many times and it is getting longer. He said that the longer the bounty period of an ICO, the fewer the coins that you will earn. So it is true based from your experience? Should I also leave or stay?
Hmmm...say that again mate, sometimes you participate in a bounty for about two months and just after some few days bounty manager comes and announces in a telegram group that the ICO was not successful and hence tokens are not going to be distributed. The longer the bounty campaign the more participants that join with time and that also reduces the price that individuals earn from the campaign.
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There are ups and downs in cryptocurrency and that explains the volatility of cryptocurrencies. Let's not forget that bitcoin is the first cryptocurrency to be generated and therefore it is susceptible to price fluctuation but the market has risen and i think the bull run of bitcoin has began to generate huge income for all its investors.
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Very true bruh i don't know why some people do it anyway because if you bought something at a higher price and would decide to sell it a cheaper price then that sounds a bit uncalculative. I think those who do that don't know much about the volatility of bitcoin that is why they engage in panic sales.
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Oh yeah this information is true but currently facebook has reserved the ban on bitcoins and ICOs. I think this idea came as a result of the flood bounty hunters were posting several ICOs on facebook and this some people who are not into cryptocurrency have spoken against. Facebook on the other hand thought of it and decided to ban the ads of crypto but upon second thought i think they realized that there are numerous users on facebook who are all into crypto and so that ban would reduce their numbers.
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This is getting incredible because it seems with each blessed day the crypto community is getting bigger and bigger. Quite recently it was Kenya who had installed ATM machines that run on bitcoin. I hope other African nations would follow suit to grown this community.
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oh yeah i think bitcoin will lead the cryptocurrency for a very long time if not forever. Currently it has the highest market cap and it is selling at the highest price among all cryptocurrencies. Almost all the altcoins are under the dominancy and supremacy of bitcoin.
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#report (30/06/2018) bp124 for signature campaign
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That is what we are all expecting for the past one month because the market has been down for a while now. Crypto analysts speculate that bitcoin will take its bull run in no time just like it did last year so they advise the entire crypto community to stay calm and wait patiently as bitcoin puts smiles on their faces again.
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Well we are almost done with half of 2018 and BTC is still ruling even though its price has reduced significantly. Ethereum on the other hand is doing great but i don't think it would ever over rule BTC. Most people say bitcoin will take its bull run in no time so let's wait and see how it all ends this year.
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Well i am glad that at least some countries are coming to terms to accepting bitcoin as a currency accepted for mode of transactions. I think gradually we are moving to the stage where bitcoin is going to be accepted by other countries in order to finally accomplish the vision of Satoshi Nakamoto our great inventor. His vision of bitcoin was that, "bitcoin be accepted and used as a currency in our daily transactions". the crypto community is forever grateful to you for such an invention.
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