I came seriously to the crypto market a little earlier than you, but I also saw UPS and Downs. Falling hard was much more and my nerves are now like steel. But I learned a lot and now I look at 90-99% fall in price perfectly calm. In this market, billionaires will be people with the strongest nerves. Now many have given up.
Yes patience and the right move is something which is really important for anyone to survive and grow in this market, even I have seen almost all the ups and downs of this market and market analysis has helped me a lot about when to invest and when to cash out instead of going with the emotions and investing during pump. One need heart and nerves of steel to grow here. |
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There are many ways to earn Altcoins, there are many sites that allow Altcoins free, but you need to do some work on demand. Some of the jobs posted on this forum are also paid for by Bitcoin or Ethereum so many of these can own Altcoins.
Yes the services section is a boon for us because we can earn a good amount of money by offering our services in exchange of bitcoin, altcoins or tokens and I know it will be bit difficult initially to find a project or work but it is not impossible and moreover these will dot be taxable income. |
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if the news are true and hope that are true the trend will be followed also by the other countries in order to not be back in competition so the adaptation would become triggered.
It will be great if the news is true and legit but I don't think it will be easy to reach out these markets as both of these countries have a closed society and we can only know about the atmosphere and lifestyle of these countries by news but still we have no idea about the ground reality because most of the things are censored over their and I am not sure if people are Iran and Uzbekistan are ready for a digital era, yes it will be great opportunity for Iran and ts regime to overcome the sanctions and trade via crypto. |
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I've started to see the hype forming myself. I have a few friends that are starting to buy bitcoin while the price is still cheap, they are confident it will be back over 20k within a short time.
Don't ever to expect Bitcoin price will turn back into $20K again as it hype last year. We already saw green color on the market and prices seems to quietly moving up but isn't enough to say that it is on hype. Usually people treat market as turning bull when the price rallies by 20% and the other way round a 20% loss in a short time means the bear market is coming. For the price to be considered bullish we'd have to go to 8500 dollars. Anything below will not be a clear indicator and can be a continuation of the previous bear pattern. You just nailed it mate, as you have mentioned the users especially those who have less knowledge about crypto predicts a bullrun for little pump in the value of bitcoin and the same group of users create panic with posts like end of crypto bear market and all when the value drops for 3 continuos days. We need a strong signal and a consistent growth in the value of bitcoin in order to confirm the bull market. |
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I agree with the OP, that this year's price decline seems dominant because of panic. Many new people entered the crypto world this year, and when negative issues arose around crypto. They panicked, and made large-scale sales
Yes there were numerous newbies who entered the crypto market especially last December during he bullrun and it's their immaturity or lack of knowledge that they invested into bitcoin and the other altcoins when the value was all-time high and then they saw the decline and started panic selling and it's having a long-term effect of crypto market. |
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I believe that the crypto of the world is a normal market trend. After such a big fall, you can only expect growth.  We can expect growth and yes we are expecting it because we want to earn more and we want more profit from our investment but this year we have seen slow growth and more stability especially in the last 4 months. Not sure if all the cryptocoins will grow or some of them might just vanish |
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I first invested last year. I studied the market very carefully and chose coins. Now I already know about many people and I do not need to study them. I first invested in ethereum.
I am into the crypto domain for more than 4 years now and honestly speaking I earned a lot through the various signature campaigns and especially through a campaign named bitmixer my first investment was into litecoin last year. |
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if I look at the history of cryptocurrency prices from a few years ago every end of the year cryptocurrency prices will usually go up again and will become very expensive.
Yes I have noticed it from past couple of years and the bitcoin market does rise at the end of the year and I don't think it might happen this year because in last two years the market started rising right from the month of October but this year we are yet to see any signs |
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Looks like he did, he really reached his bottom . All of the speculations were true, seems like bitcoin has dropped a lot this year and has reached 6000$ . I think bitcoin will fall down a little bit more and maybe he will reach 5000$ Or maybe less.
Yes I agree that but coin has dropped down this year to the unexpected.value of $6000 but we should not forget the fact that bitcoin has gained stability and it has set a boundary that it will not fall behind the value of $5000 which we have witnessed multiple times during the worse crisis like the news claiming that bitcoin will be banned in Korea and India and all. |
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BCH falls every damn day. Every time when slow boost could be noticed, holders speed up to sell as much as possible, so the price goes down again. And please, stop comparing 200 dollar worth coin with 0,2 dollar worth coin. Thanks.
Yes BCH is nothing in front of ETH and I would choose ETH at any given day over the BCH as ETH is well established and more reputed than BCH and ETH has the capability of turning tides from low to high anytime and when the ETH price drops you might see users buy it more thus increase the value again. |
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The timing can indeed be a problem for people who really want some profit from ICOs. The general downtrend we have right now around the crypto market just makes people unsure about their ICO tokens /coins they have got/bought. And 'cause of that they often times sell them when the coins hit exchanges causing sell-offs and massive price drops with it.
Yes most of the users as well as investors expect a good amount of profit if they invest in the ico but the problem is the market situation and bounty hunters and airdrop users dumping the tokens once it hit the market. |
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Don't be so optimistic, many experts predict that this bear market will last for 1-3 years, so we have to prepare for long-term battles. Maybe when you wake up one day, the bull is coming.
Hahaha that's true and t will be less disappointing if we assume there will not be any bill market this year rather than having too much of expectations from the expected bull market at the end of this year and I think market is stabilizing itself. |
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I treat bitcoin as an international currency, this is its most important task, to be a means of exchange, with which it copes perfectly
Yes I do think bitcoin as an digital currency which can be freely traded regardless of borders and so I agree with your point of considering bircoim as money or exchange. But bitcoin needs More global exposure in order to be freely traded as crypto is still an alien word for many people out there. |
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There are numerous ongoing bounty programs who are rewarding the bounty hunters by stakes model and sometimes bounty hunters are disappointed by the fact that ICO's don't meet the softcap thus the users do not get any benefit for their hard work or sometime they receive too little rewards for their hard work due to stakes systems, do we really need stakes system or the best thing will be provided a fixed amount of tokens for bounty (like $100 work of tokens per week or so)?
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I think, it depends on the price of the coin that I hold, if I get a profit then I will sell it but if I haven't got a profit then I will hold on and continue to wait until the price is high again.
Yes if you have invested in the right coin then you should not be worried about the temporary market slumps but if you have invested in the wrong coin obviously you will not gain anything and the more you wait the value will drop and it happened with my wherein I purchased an alt coin at $0.4 and I had to sell it for $0.08. |
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Bitcoin goes to down day by day. But I believe in cryptos. For me this time is to invest more and more and just HODL for about one - two years.
It's not about hodling as we cannot do much if the bearish market continues and instead we need to analyze the crypto market everyday and make sure we sell at the price more than average and then buy at the market slump. But if you are a lot term investor and this is an risk investment then you can lock it for couple of years. |
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Are you sure you can wait for 10 years? and are you sure in the 10 years of altcoin you have gone up? then what if on the contrary all the altcoins that you have become worthless?. You better not expect that to happen. I believe all altcoins will grow, but 5000x in 10 years is impossible.
Yes that's a good analysis and there will be a good profit and growth of altcoins in the upcoming days but it cannot grow like the way you have mentioned. Moreover we need to have a lot of patience in order to see profit and should not be panicked by the price dumps. |
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I think some industries that apply crypto will take many benefits. however, probably the companies that can take more benefits from crypto are the multi international companies, ecommerce, and other international market. This will help them to ease the transaction I think.
There are many industries which will be benefitted by the emergence of crypto and most of them are start ups and payment related organisations as international payment transfer is the domain which has gained a lot from crypto as we no longer have to pay hefty commission charges to transfer money globally and cryptos like ripple and stellar which are based on payment platform have already been benefitted. |
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If you and me dont believe in btc then there is no reason for us to be here. BTC is the first cryptocurrency and it is considered as a king of crypto. Every altcoin can scam and the market will still exist, but if btc scam and die, then this market will end. And that will never happen
That's an excellent explanation and yes there are numerous reason to believe in bitcoin starting from this forum as we are chatting here, only becaue we believe in bitcoin and bitcoin is not a start-up or some new ICO to have trust issue as bit coin is there in the market from long time and of it was a scam then bitcoin wouldn't have survived the many years. |
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It's been a long time since Ethereum is performing below it's standards as we all remember even when the value of bitcoin dripped ridiculously still the value of ethereum was good but now from past 3 months wherein ethereum is struggling to survive. Will it reach $1000 market before this year end ?
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