Since you are a beginner, you also understand the risks and benefits. It's good you start with some good profits but do not expect this every time. It's a big risk if you're not on the right side of market trends. You need to know future market predictions and analysis. Also you need more practical experience to increase your sensitivity and control your emotions.
It is more like that a novice cannot run away from loss and he will be experiencing it only in the start of his career. This is how trading is learnt. Once he will have a good idea of what he is dealing with, he won’t have much difficulty in making money. Trading is the best profession in making a person rich and crypto trading especially if done with bitcoin is the coolest job. It will make a person rich within weeks certainly. A trader should be persistent too. You can become a trader by investing in crypto. The investment is both short term and long term. Short term investment has been favorite to those who want to earn quick profits and daily. The long term investment is preferred by those who intend to stay big upon reaping or selling their coins again the market which usually takes years but give huge profit. Do not forget about getting the information about the cryptocurrencies first. Choose altcoins which are great as you understand, and then invest in them. Do not deal with day trading without the skills.
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Buy altcoin token like ethereum. because ethereum is a kind of altcoin token and ethereum is a great altcoin token and if you pick ethereum for hilding in a long term purpose and profit out of the same, it is good to consider ethereum at first. Right now if you go through different discussions you'll get a clear understanding why for ethereum has been gaining importance than most other altcoins which were showing good signs of growth.
Ethereum is the cryptocurrency that (no doubt) will be used widely everywhere but do not forget about cheap and good altcoins that you can pick also. I am talking about Gladius, Credits
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like most of the members say on twitter and reddit it is better to stay away from bitcoincash there will be lot of speculation and dump happening on that coin
I am also on the side of those people, who prefer to stay away from Bitcoin Cash. Honestly, sometimes it seems to me that it is the big bubble. I should better invest in Bitcoin and Ethereum plus ADA, and TRON.
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Try ripple, it is backed by banks. TRX is also really cheap, then SIACOIN. Bitdegree is still cheap. DATUM is also cheap.
I would not recommend you Ripple, as it is the centralized cryptocurrency. It is better to buy the other good but cheap altcoins. Get some Cardano and TRON. You can invest in Gladius, Napoleon X, and KickCoin.
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If you have altcoins then store it on a safe wallet. but i guess you should accumulate more bitcoin and especially Ethereum this is a good long term investment and please pay attention of some good Crypto in the market.
I am holding both of these cryptocurrencies. I do not pay attention to their volatility as I know: finally, Ethereum and Bitcoin will go to the Moon again. Naturally, we have to wait for this several months (after summer)
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I would agree that the old ones really are so ignorant or are too lazy to want to understand how everything about technology works except for few, so the aspect of having younger generations may work, but in combination with the old ones to be able to balance it all. It is the younger generation age and they definitely should. The older generations are only living a borrowed time
Yes you are right that the teenager or the younger generation is more open now to technology compare to other people that is why I believe that they are the people who will likely to become successful here as they explore more. Naturally, the youngest generation is more opened to everything new including the blockchain technologies and the cryptocurrency. Nevertheless, I know many guys over fifty that successfully trade.
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To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.
I have not yet met any trader, who did not have any losses. When you lose something, it becomes a very good lesson to you. It helps you to avoid the mistakes in future.
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I've been using BTC for a while. I've been using it at exchanges, to trade altcoins and to order goods over the Internet, but I've never exchanged BTC with someone in front of me. At a store or between friends, or family. This despite having had long conversations about BTC with various kinds of people, and attending a few meetups. Who has exchanged BTC F2F?
No, I have not had this experience as well. I know the guys who never had any problems with this but I am not sure that this is something which is very safe.
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I believe that profit is just an excuse to take part in this market. and I think people who still buy BTC think, for reasons known only to them, that they will make a substantial profit from investing in bitcoin
Those people that know a lot about the history of Bitcoin, and who believe in its future progress, actively buy it. Its price does not matter much. Finally, BTC investors will get their expected profits.
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Yes that is already known characteristics of bitcoin. Long holding could result to a greater profit. Bitcoin started up as no value at all and now it has a great value and mostly early investors who patiently wait already earned a very good rate of return and for sure we will earn a good profit as well in holding our investments.
Of course - look back to the history of Bitcoin. It had a lot of ups and downs, and each time it was rising to go up again. BTC is volatile, but it is always gaining. That is why it is worth investing in it.
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TRON is in top Ten coins as per coinmarketcap and hope it will make place in top 03 as it has great team,huge community and now launching their own blockchain network.
TRX can really come into the first 5 cryptocurrencies. I love TRON, and I believe that this altcoin will grow really much. It is also still very cheap, and even the beginners can start trading TRX.
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Since the Muslim community can now trade/hold/invest legally on Cryptocurrecy especially BTC. Do you think it can uplift the price of BTC and concurrency as a whole?
Dubai is very active on Cryptocurrency. It's hosting many of cryptocurrency forum. We all know that there are a lots of Arabs that are really rich.
Gosh, Abu Dhabi has already become the center of the cryptocurrency business. Muslims (Arabic people from UAE) are eager to work constructively with Japanese guys. They have been doing it successfully.
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bitcoin is real, it is exist on blocks. It is a data that stored on a blockchain if im not wrong. every year the block is added (mined) for a certain amount. Bitcoin exist because it is everywhere.
Some people like to feel their investment like cash. But it is not possible in case of things like stocks. However, now there are bitcoin ATMs being installed in some countries and you can easily en-cash your bitcoins suing those ATMs. Once you have used such an ATM, you will realize that bitcoins are real. By the way, this is a very cool idea. ATM check is something that is worth your attention. However, one very small problem still exists: these ATM machines for the cryptocurrency are not available everywhere.
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Well, as for me, I am sure that you have to think over the business that you are going to deal with. Before investing the money you have, make your own strategy.
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In any form of investments its either stock market, cooperative,bank,forex and the new mainstream - cryptocurrency. Diversifying investment is the most suggested strategy to minimise and managed certain losses and profits as it says "don't put your eggs in one basket" but only diversify to those top spot crypto avoid risks and headaches and to be safe just hold it and don't trade waiting for 1 to years is enough to manage the risk.Just apply the simple 40-30-20-10 percent method of diversity.
Every investment has a risk to take even in the real state so you do not have to depend on one possibility make it more for you not to lose. There are many potential coin where you can invest with and wait for the good time to earn good profit. Put an invest in something that you are sure for more growth. By diversifying your investments you do not avoid losses at all, you minimise the risks of loosing all your investments in once. I invest in 3 cryptocurrencies at the moment. In past I had 5 coins in my portfolio and I plan to add 2 coins soon
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Bitcoin fluctuations are becoming less as the period when the market was on the bottom is coming to its end. I believe that BTC will grow sufficiently soon.
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It seems to me that many people do not think now that Bitcoin is cheap. It seems to me, BTC has started a very long rally to reach finally the maximum.
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ICON is really very cool as well as TRON. You might be surprised but I will recommend you Bitcoin Cash. It seems to me that the coin will go to the Moon.
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Is Ethereum your next cryptocurrency to invest in 2018? I recommend that you think about adding Ethereum to your list, as I think it could be one of the best cryptocurrency to invest 2018.
Etherum is #1 for me. However, there are many other altcoins that you can invest in. Watch this video, please: https://www.youtube.com/watch?v=TWz20rsfelA
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today it is very difficult to recognize Scam Ico. first comes the pre-sale. then they have some money and make big advertising for the ICO. they buy good websites and people think it is a great project. all people buy this token and a hype arises. so quickly 20-30 million dollars come together. and when ICO is finished they disappear with the money and write.....we have been hacked ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Man, here you are 1000% right! It is incredibly difficult to understand if this ICO is a scam or not. If before all recommended to look through the whitepaper attentively, now these documents are always OK in each ICO.
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