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applied for the airdrop Good luck to the development team. to the moon!
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I do. I check the price daily because I want to be on the loop and not to miss out on any major movement. I think that even if you hold your bitcoin for the long run it is still important to check the price of bitcoin because it is connected to many other altcoins and can influence the market greatly.
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I'm looking into learning about trading one concept at a time. and I think this way is better for those who are new to trading. please share whatever information you can spare about this indicator "moving average" what it means, how to use it, if the candle is above/below the moving average, ...etc.
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blockfolio can be a good monitor in real time for you assets and investments so that you can decide when to sell/buy a coin of interest. though for the long term tracking of trades nothing beats a good old notepad and pan  |
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it is a common practice to buy drugs with bitcoin; I have a couple of friends who buy weed with bitcoin. hey what people do with their money is their business.
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"It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision [of any central bank]..." that's the whole f***ing point !! seriously the people (holders) of bitcoin are the only ones that control it's value. in my dream scenario bitcoin is some sort of voucher that is used in exchange of goods and services. like the real definition of cash. |
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if you take into account this year's rally for bitcoin it does seem like there is minimal risk involved. but holding btc is the same as holding any other currency, so the risk is the same. don't do the mistake of thinking that bitcoin is never falling and always rising.
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I can see the angle they are trying to get here. I mean many people are aware of the philosophy and idea of cryptocurrency, so if you can't beat them might as well join them.
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there is no simple quick solution here my friend; you have to find all the answers to those questions yourself unfortunately. you'll struggle a lot and be in the dark most of the time confused and don't know what to do. what I can tell is to start learning by trading. invest 50$ and just start trading with 100,000 satoshi at a time. the profit and loss are minimal but the experience is the same more or less. once you make mistakes you'll start to identify what works and what doesn't work for you. good luck!
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there are indicators, like the volume being very high or higher than usual and the coin being rallying up; but I don't know how you can detect the top, your exit point.
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never put all your eggs in one basket. never trade what you can't afford to loose. and holding to me is just a very long trade. so it's a bad idea mate; anything above 20% is a bad idea.
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bitcoin is THe cryptocurrency and most of the new money that come in does so because of bitcoins's popularity and only for bitcoin; Eth in my opinion is THE alt coin and it represents the whole alt market. I don't see a reason for concern, all of the points you listed aren't as bad as you think or are exaggerated
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any coin by it's own is worthless, forget about the development forget about the technology; the only thing that matters is the community that is willing to support a coin. and right now there doesn't seem to be enough support for btg. there are no right and wronng moves here the market speak for itself.
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With bitcoin value increasing to new heights every day or week, is long term investment of bitcoin in alts no more? Because with the increase of value in bitcoin, all alts suffer and their value in bitcoin decreases even if they are stable enough to keep their value in dollar sustained.
So all one can earn from such long term trade is a loss in bitcoin.
So, is short term trading alts the only option or even that is too risky for now and holding could be the only option.
And for buying alts, one should use dollar instead of bitcoin.
I think the majority of people trade alt coins only to increase their bitcoin; I personally think that holding an alt coin for more that 15 days is a bad idea because a lot can happen to the btc price in that time. and it seems like the majority of people think this way, when btc is on the rise everyone is quick to jump the bitcoin wagon and sacrifice the alts they have that's why in a lot of times when btc is rallying alts drop. alts have no future, not all of them at least |
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why would bitcoin die ?? even if there is a complete ban on cryptocurrencies by the government there would be still use for it on the black market. I don't see a scenario where bitcoin dies completely
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kinda defeats the purpose of bitcoin don't you think ?? it's really a problem that needs a solution in order for bitcoin to have a future.
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let me tell something NO ONE has any idea what will happen after the hard fork; don't base your financial decisions on people's opinion here. sure if someone has an educated guess try and understand their reasoning and come up with own opinion.
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you can go to coinmarketcap.com and check anyone from the top 25 coins; check their technology and dev team, social media, ...etc and see what you feel comfortable with. stay away from bitcoincash lol it has a lot of haters int the crypto community.
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I think you mean proof of stake POS coins where the amount of coins you have is sort of a miner for you. it's a very interesting solution to the energy problems of POW mining. I personally would like to see all crypto adopt POS.
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I sure hope you didn't sell buddy cuz it's been all time high month. seriously never sell when it's low if you don't believe in btc enough to wait than you are in the wrong business.
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