this is a quick death. $8400 to $6500 in a week roughly. That’s dramatic and quick
Dont know the future , but BTC maybe sideway 6685 to 6397 some times...
In these days we are observing different prices of different crypto coins in which the best long term coins that are the Bitcoin and Ethereum are declining due to our selling mistake in low market. On the other hand less valuable coins which are best for short term are improving as we noticed that Litecoin is following increase trend of price so better we spread our investments there as well. |
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
You are not wrong, but nobody can predict the bitcoin price tomorrow. It is true for now the price is a little low if you compare to the last December so it is more affordable to buy. Just remember invest only what you can afford to lose. Because of volatility, it is really unpredictable. Bitcoin is showing different prices always. One day it is standing at some level but on other day it may be totally changing or slightly disturbing from focal point. But the fluctuations are compulsory. There is no life of bitcoin without change at every day. We hope there might be some tools invented in future that can predict bitcoin price. |
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
In my opinion savings need to remain saved. If you want to invest somewhere or develop some business you need to use another money and not to touch your savings. Again savings need to be saved. I am not in favor of saving a lot of money. I think that we should only save such amount of money that can fulfill our needs, otherwise we should try to invest the rest of our money we have, I think if we will only continue to keep our money it will become devalue after sometime and even there are possibilities of stealing the saved amount. I think that the best option is to invest it in different places. |
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I suppose this is a good plan and you are less risky when selling some and keeping some. This time the market is very bad so be patient until the market rebounds. It will bring a lot of profit for you. trust me.
Exactly. And you should try to consider the coins for selling you want to eliminate form your portfolio or you think could run down in future. This way, your way of minimizing risk will become more effective. Also the option of buying some coins unlocks when you have the price of the coin lowered in the market. Right now, you can own BTC, ETH and BTH for the values are down. Hopefully it will pay off when the market is green in some point in future. |
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The likelihood that the seller of contracts will be unconscionable. The significant demand for cloud mining has activated some scams offering non-existent production facilities and exploiting interest in BTC – cloud mining has become for them just a godsend. It is worth using only proven services with numerous recommendations and not “peck” on promises of sky-high interest, laying out in the first bitcoin cloud. In its majority, figures above 300% of profitability (per year) cannot exist in theory – the best and reliable cloud-mining websites cannot give such data.
The only thing which you have to consider at time of mining of bitcoin or any other crypto coin is that you have to be sure that you are living at a place where there is a continuous supply of power and electricity. Other than that, you have to be sure that you are having some high performing super computers too for the sake of mining but all of it will cost you much higher. |
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The advantages of Bitcoin are pretty much talked about and acknowledged. However, investing in Bitcoin is risky. You can lose all the money in your wallet by hackers, keep your password and key safe  All those investors who are buying the bitcoins are only doing it because of the reason that they exactly know the worth of the bitcoin and the way this crypto coin can give them a chance of living a life they dream for. Moreover, holding of the bitcoins gives you a guarantee that you will be making more money as the market value of bitcoins goes up most of the time. |
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Hello people!
Was looking at CMC and was wondering few years down the line what we will be able to see in this list and how long it will be?
Reality is we are very early in this industry and the pace at which projects are coming up and the technology is changing does anyone believe in HODLING cryptos anything other than Bitcoin and Ethereum?
I feel it's a buzz word used to create a FOMO effect
I do not believe in hold will be able to bring you big profits, you can see that the market at the moment is in the long-term bear market and bitcoin prices continuously adjusted down. The decrease in bitcoin prices will reduce the price of altcoin, so you will lose very heavy. Therefore, I believe that at this time you should only trade day and short-term investment to be able to reduce the risk. I think that you are new in trading therefore you do not have enough knowledge about the market. I think that the only secure and safe way of making money is to hold your bitcoin for a long time. because everyone is too much sure about bitcoin price that it will continue to increase for a long long time, and that is the reason that we think that holding bitcoin is the best way for making money. |
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I recently stumbled upon a project called Algebraix and they brought up some really good points about data exploitation on their blog ( https://medium.com/algebraix-data). So it brought me to ask the question: do we really care if our data is exploited? With huge scandals like Facebook and Cambridge Analytica, this issue is brought into the lime light. I'm really curious if you guys care or not Yes I really do care. I’m not the type of person that likes giving out every information about myself to people it’s really dangerous. Even on Facebook I didn’t use my complete legal name, just my first name and my nickname, and I didn’t put my address, everything is just empty. This is why I like making use of cryptocurrencies cause you don’t have to expose anything about you. |
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Many opinion leaders predicted a fall before the bullish wave. Just wait
Before we get to bullish, we have to get through a very rough time and we've been here for months. But like few years ago, there's a massive and historical drop for bitcoin starting November 2013 to January 2015. We can be on the same situation that we have to endure that very long time until we go out of this bear. If someone who's very afraid of this corrections you better stay out of the line and be quiet. Corrections are healthy and this is an opening opportunity for a bullish trend. It could happen but we need to remember that the situation is very different compared before. Not a lot of people know about bitcoin and we barely even heard financial institutions hopping into crypto so I think if we face a rough time again, it will take less than 2 years before we recover. There is nothing to been worried about because of this downfall in the crypto market as this is not a new thing to happen and that it keeps on happening most of the time. All you need to do is that you have to be sure that you are not losing your control over your emotions at time of dump and that you just need to keep on holding all of your coins to get some good profit later. |
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Money was created by people so that they could bring other money. This is a cycle of cash flows, which is very necessary for every person. The most important thing you find yourself in the stream of cryptocurrencies. To find the activity that you like. This is important!!! Success to all. This doesn’t let you earn money so quickly every single time. Although those who adopt this amazing rule get fantastic results but this isn’t assure every time. It is all about luck that when you buy bitcoin, soon prices start jumping over mountain and you see huge change and uphill in bitcoins price. Only in this case you would be able to earn money with such short time span. |
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Nitrogen is terrible. Wouldn’t recommend anyone going there
I am neither interested in gambling nor in casinos and nor in poker as well. But one thing I must want to tell you that brothers why to waste your money and time in this harmful game. Look, I know you must understand this fact that gambling is a negative game that only leads you to destruction. Nobody ever have been won this game since ages. So please refrain yourself from it. |
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First of all, considering your money as "little investment" is totally wrong. Gambling is not a form of investment. It is a game of chances where only luck decides if you are going to win or lose. The best practice is to not gamble at all since you do not have enough money to flush money down the drain. Even if you still want to gamble, do keep in mind that in the long run you will eventually lose to the house. So if you made some profit, just stop gambling for that day.
I really get astonished with this big number. Not only he, but many other ultra legends think gambling as source of income. They want to invest in here just to make their lives set and happy. OMG, this is just rubbish thing. No one ever had been rich through gambling but yes, there are hundreds of stories that tell us how a person got ruined in their life just because of this gambling thing. |
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That's impossible. Although smartphones are becoming more modern and highly configurable, they are not powerful enough and powerful enough to do this. Before you can exploit anything, I think your phone is broken. You have to spend a considerable amount of money to buy a phone rather than selling the quantity you have exploited
We are in a point in time where the concept of impossibility is fading slowly and nothing is impossible to a willing mind and with the advancement in technology, so it will be possible to mine Bitcoin using your smart phone but there will be security risks as well. Your smart phone can be lost easily or it might get stolen or fail to operate due to some technical flaws as well. So better to use and electronic gadget that do not stop functioning easily. |
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I'm glad because bitcoin shows a recovering sign, though not significant yet I'm sure this at least made me calmer than it was a few months earlier, and I'm optimistic that August is the beginning of a fun thing.
We came up with another fall from 8k figure to 7k figure but that is understandable and now the value has risen up to 7630.01 US dollar which is improved value from 7k dollar price now we are still in low market and can collect many coins if you can find more then that is better. Utilize your time besides this long term investment till its huge profit you will have made a lot besides its huge profit. |
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Some people ay heed to this kind of advice which is kind of logical already if you think about it. But there are also a lot who value gambling more than other people. Everything gets thrown out the window when they're seated in a casino.
Right. There are many people who ignore other things when they are having fun at the gambling table. Gambling is their only hope and usually they don't care about the risks that might occur and they can't solve it. The best practice is to manage our emotions and finances so that gambling will not bring us to the brink of misery. Well, it will be better if you can just control yourself rather relying on managing your finances and emotions. Most of the gambler can't really stop themselves from gambling, that is the worst that could happen to people, to not control yourself and just let yourself be eaten by your addiction. If you can't stop it, then just keep on trying especially if you have a family relying on your salary. If you are addicted in gambling then no doubt that it is difficult for you to stop playing gambling, therefore it is better to make good strategy for playing gambling and restrict your chances of long big amount of money in gambling. When you are addict for something, this is human nature that it is hard to leave. It can be any sort of drugs or smoking or even a habit too. If you can’t just sleep in light and noise and you encounter some scenario where this all is happening, you wouldn’t be able to leave this for so abruptly. It will take time to cover this bad habit. Likewise, is the case with gambling. |
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This is the right time to buy bitcoins and have investment, or other currencies you want to buy while the price is low. Soon it will goes pump.
This is right. Now is the right time to maximize your future profit by investing low because the cost of investment is low. Actually the best time for investment in Bitcoin was the time when it was down. Besides, there is rising trend in Bitcoin and it will rise the rest of the crypto currencies as well so investing right now will be more profitable because in December, the prices will be higher than $20000 for Bitcoin and as much as $2000 for ETH. So it is the best time to buy and a true investor will not care about the price and will buy anytime because of the fact that the future of Bitcoin is bright. |
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In cryptocurrency, anything can happen. I have made more money from the coin I didn't sell just because of 'should in case' it is important not to sell everything because every coin will have it's day for price increase and if you ate not in, you miss out in a big way!
That is the reality in the crypto world. Remember the twins Winklevoss brothers who sued Mark Zuckerberg and claimed $65million invested 10million dollars in Bitcoin when the price of Bitcoin was $49. In 2017, they were the Bitcoin billionaires because they never sold a single coin from their portfolio like you have been doing and of course it helps earn huge. The Winklevoss brother founded BitInstant as seed funding around the Bitcoin payment. The wiser you think, the more you grow in terms of economic prosperity. |
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No doubt that bitcoin investment is a good choice, now everyone is sorry for not buying bitcoin when the price is cheap, and they have to buy at a high price, but I'm sure the price is expensive today but tomorrow or tomorrow the price becomes cheap because the price will continue to rise .
And it is good to see Bitcoin being accepted and understood by many people who now believe it will pay off finally. Actually we had a down market and it was very tough for people to earn in the red market and many had lost their trust in the Bitcoin as well but the advent of this month market and setup a rising trend in the market values of Bitcoin and so far we have a rise of more than $1000 so it is good you have your trust restored. All those people who are there in the world of the crypto currencies since long and the ones who exactly know the way things are working in the crypto market already believe on this thing and that is the reason why they are motivating so many other investors too to make an investment in the crypto market. These crypto currencies will definitely help us in getting economically stronger. |
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Well, when bitcoin prices rise up the market also will increase in price. Other altcoins also increase in price. Therefore, I conclude that the bitcoin will be the index of all altcoins in the market.
When I got here in this world of trading and investing and all stuff related to crypto, I came to know that bitcoin is just about to vanish and thus altcoins would also be demolished. But here story is totally different on the board. There is no connection between the price uplift or downfall of bitcoin and other altcoins. Still, we are getting so many related news. Seriously confused. |
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~snip~
Your post is more on speculation. Well based on what i see you are seeing a little bit more dump in the market. But, in the chart clearly pass the downtrend and now we are in good uptrend waiting only this approach in etf if it will be successful or being rejected by SEC. We all know this thing that this crypto market is very much unpredictable and that things change quite rapidly especially when it comes to that of the market values of the crypto currencies. Since last few days, we have seen a much positive trend in the entire crypto market and that there are much brighter chances that soon the market value of different crypto coins will rise even higher. |
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