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If you want to buy now, I think you already missed the train, monero is an alt coin, when it is pumping, it wont hold for too long and wont be pumping again in short time, I also ever had the same experience but mine is eth, buy at 12$ sold at 20$ and now it is 300$
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The best way to keep it from crashing is to used it but it cant be done by alone unless you are a whale so you need to asked a lot of people to used bitcoin the more person you asked to used bitcoin, the less percentage it will crashed
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I introduced a friend to bitcoin in 2016 and he bought 20 bitcoins at $455 somewhere in January 2016. He now sold all of them at $1005 per bitcoin. After bank fees and trading fees, he made a profit of about $10 000 in a year.
The best interest rate he could get back in January was about 10% per year. So his profit from bank interest would have been +/- $910 for 2016.
Even after Tax has been deducted for Capital Gains, he will still Net a profit of about $7000 for the year. He is a very happy chap now, and I got a expensive lunch out of this deal. ^smile^
#Disclaimer : These are calculations done by him, so I do not know how accurate they are. Just thought I would share it with you.
Would you risk about $10 000 now, to possibly copy his success? Those were very uncertain times, when he had to make that decision back then.
It sure is a difficult decision because 10k $ is a big amount, putting in bank is more secure, but put it in bitcoin form sure can multiply your money, if your 10k is a spare money then I will go for bitcoin but if it is used for you daily life I think you better split your investment in bank and bitcoin |
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No, if HYIP for sure it is a scam sites, it will be closed its just the matter of time, while ICO is an early stage of introducing coin, some of the ICO is successful and become a good alt coins, so ICO is not 100% scam while HYIP is 100% scam
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We dont need insider but we need more knowledge and more information to earn from trading, you can called it guessing because there are no certain result for the outcome but with chart, information and experience we can gain more profit and lower the risk in trading
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Why do you hope it will go down? Is it because you late to buy and then you wish everything to fall apart? The bad news is it wont be dropping until 3000$ anymore, the circulating amount is high so it got a very low chance bitcoin back to 3000$ and whale dumping can caused bitcoin price to drop but it will only temporary because a lot of people is waiting for low price to buy
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I like your spirit, but we must be real, alt coin can make us become millionaire but it is hard to predict which coin to invest, the risk of investing in alt coin is so high, choose the wrong coin can caused to lost more money and I dont dare to put too much money on alt coins, because it is too dangerous
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I dont think I have problem with gambling I used to gamble for hours in a day but now I have stop dong it, I only gamble occasionally and I never gambling with deposit anymore, just using faucets and this is a nice guide for everyone so they know when to stop gambling and prevent themselves from addiction
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Not too long, unless the alt coin is already on top 10, the traders mood for trading specific coin is only brief so need to be fast and make profit while you can, there are a lot of new coins every day that is why for alt coin you need to move fast, I usually only hold for 1 week
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I definitely richer than before I knew bitcoin , but still not too rich, because I tends to spend my coin, when the price a bit high I sold my coin, I never though that bitcoin can be this high, but now I am determined to save and to become rich with bitcoin
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I think mining alt coin still profitable but it does contain greater risks because you really need to choose the correct alt coin to mine, but to make profit in mining you need a lot of things to consider like the electricity and the price changing of the coin, if you really commit and got money you can try it
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Hopefully they have big project, xrp are not too special although the price is keep on going up but xrp not in top 3 marketcap anymore, but still xrp is one of the coin that is really profitable to trade, let see how can xrp grow and survive
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I would gamble even more. Because then I do not need to think about money and about opportunity to lose everything. I would feel the pure pleasure of the process of gamling. It would be just for fun.
Gambling will be less fun, the one that exciting about gambling is the feeling we can win something precious, when nothing precious being bet then gambling wont be exciting anymore, I probably can get bored with gambling and I cant feel the pleasure of the gambling, it just the same with playing with fake chips |
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Yeah, you did forget something. In fact, you forgot the biggest point. Bitcoin cash is an unusable altcoin that has copied Bitcoin’s primary code. If you take a look at the market cap or price of Bitcoin cash and compare it with Bitcoin, it is obvious which coin is better and more accepted by the cryptocurrency world. I believe that Bitcoin cash would take a path like Litecoin. Because it was supported by large companies like Bitmain, its price remained stable in the beginning. But as soon as people understood which the real coin was, its price began coming down. I think that the price of Bitcoin cash is going to dip well below 100 USD and take its rightful place in the middle of the altcoins.
I agree bitcoincash is just another alt coin which got a huge publication, it does give a better profit to miner, but the real usage hasnt been known and the volatility is very high and unstable, I still need time to see what is real feature of bitcoincash, for me bitcoincash still not a good investment yet |
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It is normal to see the drop after the high rising, don't be afraid and too paranoid with this situation, eventually bitcoin will bounce up and the price will keep on rising and bitcoin is not dying in fact bitcoin is still fabulous and still on top, if you see btc slip down to the second or third maektcap that is the moment you can called bitcoin is dying
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This year I got quite a lot of favorite alt coins, my favorite of last years that still survive until now is Monero, and then I also like BTS it gives me a good profit and now , I am holding Neo and Iota, I think both of them is a good coin to used in trafing
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The best way to double your money is to buy and hold. Period. Anyone who bought and held Bitcoin so far never lost any money. Think about that...
That is the safest way to double your money, but it could take a while to make money, trading is the fastest way to double up your money, but it's not easy and need time to learn but once you know the way, you can make all the money you want whenever you got time |
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There are no best cloud mining because all of them never open for a long time, all of them are scammers, no matter they are brand new or the old one, there are no successful story people got rich by investing in cloud mining, so you better find other investment to put your money, or just buy and hold bitcoin
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Not yet, gold still has a lot of devotee, I think bitcoin and gold is good to be the future of money. Sending gold is difficult so Bitcoin can be the representative of gold although there are a limitation of the amount of Bitcoin.
What is this some kind of occult to you. Ofcourse gold will always have people who're interested in it. I mean you if you would think about it, it is widely used in different sorts of things like for instance jewelries its a common material for it. Because bitcoin is not physical, people have doubts about it. I totally understand your point, but in gold, you don't always have it physical manner, you can buy gold based assets from the stock markets as well. This way, I can't understand why some think bitcoin is untrusted. When an asset is not physical, this doesn't mean it's untrusted. People doubt bitcoin not because of it got physical or not, but they believe that bitcoin won't survive for too long and afraid it can be banned by the government, while bitcoin is very profitable some people prefer gold to invest because it is more stable and will never being left behind by anyone, for now invest in bitcoin is very profitable and the enthusiasm for bitcoin is far greater than gold |
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No I still appreciate alt coin, the right alt coin got a lot of potential and you can earn more profit with alt and sometimes I got more money by trading alt coin, and alt coin can be supports for bitcoin, in the future we will not only used bitcoin but also alt coin as currency
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