Hi all,
I have a really simple question or so seems to me cause i am a crypto noob.
I really do not understand why almost everybody suggest to hold when there is a dip or correction.
With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.
Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.
I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.
I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.
I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.
Thank you for your time reading this and excuse my lame English.
Regards.
I am also suggesting to all of the trader to hold their bitcoins. There reason why everybody is suggesting to hold our bitcoin is because there is a good outcome that we can get by holding our bitcoins. |
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I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
All of the information in this forum are important. You can use all of the information that you learned for you to find a way to earn more money. If you want to become successful trader, then you should find a way where you can improve your skills. |
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after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?
it is probably too late to sell after holding since the 19000$ correction.
First of all you title is catchy but its against what is considered normal. No need to change it tough. Buying high and selling low is obvious loss - why would anyone do that? Only if they are 100% sure that the asset is worthless now and thus they are cashing it out ASAP even at a big loss margin. Many people did sell at ATH and thus there were small crashes around that time. However this crash it huge and those who did not sell then are hodling their btc like me. It is later to sell now - better to hodl and see how everything unfolds. It is obvious that we can lead to losses if we buy high and sell low. There are many people who are using FOMO and it leads to them to lose their money. I am not buying a coin if I see the price is now high. |
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Well looking at the number of all time transactions you are right as it has tremendously increased this 2017 but it does not say if that number of transactions came from new users or it is just the old users increasing their usage of Bitcoin. It looks like the number of transactions will still increase year on year as it is still not over for Bitcoin to gain some new users for it. But let us not get our hopes up that we need Bitcoin in order to survive in the future as there are other means of earning additional income, let us not narrow our options into just cryptocurrency in general. In order the bitcoin become a payment system, people should patronize the bitcoin. There are still people who doesn't believe to the bitcoin. I think we should do a way for the people around us to become familiar and aware to what is bitcoin. |
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For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.
How about you guys? Is it only for the educated and knowledgeable people only?
Bitcoin is not only for educated persons. All of the people can use bitcoin. Bitcoin is created for the people in our society, there is no restrictions of using bitcoin and all of the citizens can freely use bitcoins. |
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As indicated by predictions bitcoin should have achieved 15k$ by end of 2017 and fall in first week of jan 2018
In any case, shockingly its effectively reached 17k$ in 2017.
Should I purchase or hold my btc?I don't plan to sell at any point in the near future.
It depends on the coin that you are holding. Hold a coin that is full of potential like bitcoins, ethereum, neo and many more promising altcoins. Do not hold a shitcoins because there is a high chance that it can lose its value anytime. |
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Guys I know that there are previous posts and polls regarding the highly suggested source of bitcoin but things always change do I want to know what is the current best source of bitcoin nowadays. Please participate on this poll and kindly tell us why that's your choice. Thanks in advance and God bless us more  For me, trading and bounty campaigns are the best source of bitcoin nowadays. There are many people who became rich because of bounty campaigns and trading. Try to participate and trading together because it is the best source of bitcoins. |
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Bitcoin or Ethereum, Which of these coins will rule in 2018?
I believe that bitcoin will still conquer the cryptocurrency world in the following years. There is no altcoins even Ethereum that can beat bitcoin. I believe that many people will keep patronizing bitcoin. |
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Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which d you recommend?
I will recommend to hold your bitcoins. I know that you are afraid that you will lose your money on bitcoins but for me it is impossible to lose your money on bitcoins because bitcoin is full of potential cryptocurrency. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
If I have a lot of money, I will invest my money on cryptocurrencies. I can easily double my investment because I have now a lot of knowledge about cryptocurrency. I will not save my money on banks because my money will only increase by .05%-1%. |
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The future of our money, I think, it will dissolve. As we can see, bitcoins and other form of virtual money invented fast and fast. We can consider now that our paper money will be obsolete and we will having a new technology for our next generations of new technology.
In reality, Bitcoin and other cryptocurrency are not still introduced all country throughout the world to be used for our daily life. Their still nation bans the cryptocurrency, so I conclude that paper money still the most powerful currency. It will be time to replace the paper money, or we have three kinds of the payments. Paper money, Credit or debit card and the last is digital currency. We just continue to believe and trust the cryptocurrency, and we shall see the future what will happen on this matter. All of the nations should first regulate cryptocurrencies in their country. There are still countries that are not recognizing bitcoin as a money. Bitcoin will not become international currency if there are countries are still banning bitcoins. |
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
I think billionaires are investing their money in bitcoins. They are many billionaires who are aware to what is bitcoin like Jack Ma, Bill Gates and Mark Zuckerberg. I am sure that they are also making money in bitcoins. |
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Bitcoin and Ethereum are two of the most popular digital coins today. In terms of value, bitcoin is much larger than ethereum, but in terms of potential, ethereum is quite capable of dealing with bitcoin. So you think which one is better?
Bitcoin is using blockchain 1.0 while Ethereum uaing blockchain 2.0. Both of them are very strong cryptocurrency. Those two are also the coins that conquer the cryptocurrency world. |
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Japan is one of the powerful countries in the world. Most of the citizens in Japan are now aware to what is bitcoin. I know that many more people in Japan will start to adapt cryptocurrencies like bitcoin. |
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I just quit my office job to have full time in crypto world. I split my time of day to work manything: doing bounty campains, researching good crypto to invest, trading 3 - 4 times per week (not day trading) and may be next time i'll learn about mining.
Anyone who has been off work like me can share your experiences?
For me it is not good idea. You should not let go your full timex office job and switch to cryptocurrency trader because you will lose your passive income. Being a trader is really hard job because ttrading Cryptocurrency is ver risky job. |
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What do you think should be done?
These days bitcoins are not given directly in campaign but tokens are given and very less campaign give bitcoins purely.
What would you do?campaign or trading?
Try to do both. You can do trading while you are participating in signature campaign. I believe that you have good time management so I know that you can do both trading and signature campaign. |
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Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other.  The term electronic money is wrong, it should be digital money or cryptocurrencies. Many people are thinking by the digital currencies are important? They are also thinking that bitcoin is worthless. Digital money has many benefits in our economy. There are now some people who prefer to use digital money that fiat money. |
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Bitcoin is not useless or worthless. Do you know that 100,000 + of stores in Japan that are accepting bitcoins as payment? Do you still think that the bitcoin is worthless? Bitcoin wilk change the current economic system.
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Personally I say yes as our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for different things and it is more effective and instant. I haven't used much physical money in the past 8 years and I rarely had any problems with that. What do you guys think? There is a possibility that the digital money will replace the fiat money. There are many powerful persons like Jack Ma (founder of Alibaba) that saying that the cashless society will happen. There are now many countries that are using cashless transactions . |
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It depends on the altcoins that you are holding. If your altcoins is in the top 20 altcoins in the coinamrketcap.com; then it is good to hold. But if your altcoins is below top 100 altcoins, it is better if you will sell it now.
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