For me cryptocurrency three years later is good enough to be trust in different country because they are real and reliable source of income using investing at the same time they are helpful and useful.
I feel crypto currency will be normal and everyone will be using it by next 3 to 5 years and I speculate there would be numerous organisations and startup which are staring now as an bounty would have succeeded by then as a reputed business.
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I saw the Cryptomarket will continuously go to the moon in almost in the last of the year normally in December and is happening in almost last three years, I hope in next year it will revise the same thing and market will gain to the moon in December.
Almost every single user and investor is depending on the December moment, Let's hope and have faith in bitcoin till the month of December and i am sure bitcoin will not disappoint us but we need to make sure that we do not do panic selling.
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Yes now the price of bitcoin is down, but at the same time today market starts with green. The price also increase slightly, the downtrend is slighlty change to upward. But dont know whether it is going to continue or not. If it continues bitcoin holders are happy otherwise people lost their faith in bitcoin. If it continues means slowly it will rise and by the end of this we can expect the huge growth from the bitcoin. So hope market will recover soon. Use this down to buy more bitcoin and hold it for future.
We need to look at the market from investor's point of view as we have noticed from past 6 months that bitcoin's value is gradually going down but once in every 2 month there will be a temporary pump in the value of bitcoin. We need to utilize these moments to make gain until the next bull run.
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Absolutely yes, the main strategy in the market is to invest when the market price is currently dumping and sell it again in order to earn more profit, buying and selling will make you rich in just a few months. Well it's not as easy as it looks, to be honest even I had same thoughts but you have to research the market condition before doing so, sometimes we end up buying assuming the market has just started to pump but end up losing the money because the pump might be temporary.
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It seems to me that after a while the situation will change and we will be able to get our profit
I hope so, I sure situation will get better sooner but this is the right time to reinvest into crypto coins in case if we are well aware of the potential of the particular cryptocoin . The value is not coin plays a major role in the fluctuations of all the other altcoins.
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Altocoin investment is not just up and up with all profit. Down price must also be factor into your objective so as long as you see your coin going red you don't panic. There isnt any coin that don't go down.
Every crypo coin has ups and downs but that's not at all the problem with the experienced users and early adopters as they are well aware of the situation and market fluctuations but the newbie to crypto invests mostly into altcoin without checking prospect and then end up doing panic sell when the value goes down.
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I think the next few years, not who will not become a new king, they will be the old king of Bitcoin, as a very great prospect that it will be used even more than now,and the price of its defecite even more fly into space, so large investors tend to keep Bitcoins, and do not sell
You nailed it as there will be nothing as such as new king and all because bitcoin will remain undisputed king for a long time when it comes to crypto world and the only crypto which can challenge bitcoin is none other than Ethreum.
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Most altcoins follow bitcoin, when the price of bitcoin falling,the price of altcoin are falling too.
Yes that's true but there are some alts like ethreum which does not get affected to the core like other coins when the value fluctuates for bitcoin as we have seen this at the beginning of this year but the other alts are completely dependent on but coin during the rise and fall.
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what are the benefits you get in Crypto? And how those it affect your daily living?
Cryptocurrecny is good for long term investment and since the market prices is volatile then you can always invest when the prices are low and sell it again when it increases, volatility will make you earn more profit and that is the best benefit. Yes cryptocurrency is good for passive or main income but more than income it gives you control over your asset unless like fiat currency as bankers have control over fiat but that's not the same case with crypto and the transaction is simplified with crypto.
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Well as of right now, Ethereum is 0.0843btc, a long way from 0.053btc in April. While Bitcoin is struggling to maintain an uptrend, Ethereum is slowly gaining back lost ground to its ATH at 0.152btc. That's 1,258 dollars in today's BTC price.
That's a quote good analysis and as far as this year's price trend I think ethreum has upper hand as of now but still a long way to go as we are waiting for the bullrun and if ethreum repeats what happened last year then ethreum can win.
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Perhaps crypto has a very good future because more and more people are interested and crypto world is growing all over the world although some countries do not approve of this crypto presence even so people always use crypto because they know if crypto is profitable.
Crypto has a lot to offer to this world and new startups are using block chain technology and crypto is definitely the future and the reason why some countries are not allowing crypto is because they fear that people will start using crypto's instead of fiat currency and the value of their fiat currency will fall down.
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For me if you really want to invest in bitcoin And you have the capital you should buy now. The price is increasing..The more it gets high the more it gets expensive. If you wait for the next price drop this will take long and we cant say went. While the market is doing good this itself is a good sign to buy. And invest wisely in the process.. Whatever news it has invest only on your willing to risks. And if you had believe on it's good future invest anytime with a fall price. Yes we cannot say the price next but buy and take risks and patience to earn. Yes if we cannot take risk then we cannot earns an that's why we need to go by our own research every time because there might be some or the other shocking news when it comes to crypto world every now and then.
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reward for holding is to make profit that is the mind set of eeveryone that hold coin but sometime you should also be ready for loss...
It's not only about holding but it's about trading at the right moment and cashing out at the right moment and then reinvesting at the time when the value is less so that one can invest huge and then again cash out great profit.
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Today we see a piece of news about India's policies to restrict its own encrypt exchanges, which may be interpreted as a growing popularity of a large population in India, such as bitcoin, and I think India will not ban the bitcoin trade, and India's economy has a large and appropriate introduction of some restrictive measures.
I believe that the government of India is planning to implement some sort of tax on the transactions of bitcoins, there might be a set limit beyond which bitcoin transaction might be taxed but as of now Nothing have been officially announced.
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Hello guys,
Does anybody know why BTC is falling like a rock within last hours?
If there any specific reason or just a normal correction?
Thanks and cheers.
Nearly 1000$ variation in bitcoin price compared to few days back price.In a week the price correction will occur and the price of bitcoin reach 10,000$.To avoid loss in such interval,you have to hold the bitcoin.Only if you need money for emergencies,sell the bitcoin.Or else just hold it . Indeed, Holding on to bitcoin at the moment is the best thing anyone can do at the moment and i am sure bitcoin will regain it's value like it did in the past, but panic selling bitcoin during the correction makes more damage to the fragile market.
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The first three to four moths were referred to as the bearish trend experienced by the cryptocurrencies. Corrections being made so as to make bitcoin more powerful and in preparation for yet another surge that will probably make this year a brighter year for bitcoin than the last couple of years.
It's common that every year first quarter will be bearish and last quarter will be bullish wherein second quarter will be the correction period. There is no doubt that bitcoin has brighter years ahead.
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Actually, false promises emanating from bounty project seem to be new trend in bounty campaign payment, it seem everyone is deferying payment for reasons best know to these campaign but definitely unknown to hunters and investors!
That's why we need to check the whitepaper and development team before jojNing any bounty campaign as some bounty campaign will have a rule saying g if they do not meet the soft cap then bounty participants will Not be paid hence we need to be extra cautious.
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So what's next now ? We have seen market stabilizing to an extension after the bloodbath of altcoins as well as bitcoin and now are we heading towards bullrun or its just a temporary thing ?
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every possibility is always there. but you create your own panic. some economic market experts have predicted about the collapse of bitcoin in the past few years. but the forecast is not proven to date, even bitcoins are able to grow to restore the market. Exactly I agree with your statement as panic and user create thing and break things there were many rumours that bitcoin will collapse in the month of January and once there was a temporary pump people were predicting bitcoin to reach $40k neither of this happened.
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Bitcointalk Username: elloco4ever Rank: Senior Member Current Post Count: 415 (including this) BTC Address: 15CQn3zKd7Es9FpDTCN5wxaUBwLaQ65qa9 ETH Address: 0x2d07A33798FA92B9C9b9632eD2aD4F58C43B9F51 Wearing Avatar and Personal Message: Yes
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