It is depending with your plans and intentions. If you look to hold BTC for long term, then you can buying now because the actual price still low, and it is expected to increase highly in the future ( but keep in mind that it could taking several months). If you look for short term trading I am not sure if the price is going to rise in the few coming weeks.
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Firstly start learning more about Bitcoin, and blockchain technology, keep reading the useful threads in this forum, and asking if you have unclear ideas. Also be active in the forum to rank up and get the opportunities to earn BTC and altcoins from joining signature and bounty campaigns.
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It is profitable if you choose carefully the most powerful ICO projects and participate in their bounty campaigns. Not all ICO projects are successful, and always there is a risk of not getting paid, if the project is scam or don't reach its goals. Also you have to invest long time daily, and good effort, especially if you re going to join many campaigns.
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Bounty is a lot more profitable than free airdrops. Most airdrop campaigns give worthless tokens without real value, or even don't pay you at all and their goal is collecting the data of their participants. But Bounty usually give you good amount of valuable tokens, after few months of doing your advertising job online.
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Well, in general you re taking the risk when you trade crypto currencies, trading in general is always risky, because there is all the time a percentage of losing the trade, or not making good profit. Sometimes taking the risk lead you to big profit, and sometimes it is leading to big lose as well, it depends which coins you re trading, whats your strategy and many other factors.
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I think the percentage of people who know about Bitcoin still below 20% from the whole worldwide population. Most people around the world keep working only for fiat currencies, and trust the banks which keep fighting BTC. Also Media in its majority keep spreading false and wrong news about digital currencies.
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No, because the greatest part of Bitcoin's community have the required knowledge about its price volatility and about its market in general, they know that BTC price isn't stable and keep going up and down all the time almost. So they keep investing in BTC and holding it until the price hit the high levels again.
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I think many factors are considered to choose the right ICO projects. Firstly reading the whitepaper carefully is a must, then you have to check its team and visit their profiles to see if they are really experienced or not. Also the concept of the project, and its roadmap are another signs showing you if the project is going to success or not.
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No, it is not the end for crypto currencies, despite the decreasing of their prices recently. If we check the Bitcoin's chart hitory since 2010 we will see clearly that it is going up and down all the time almost, and its actual price still not bad compared to just few years ago, when it was below 1000$.
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In my opinion, this forum is the best place to learn the most useful tips and basics of crypto trading, because most experts and old traders of this currencies are members here, and also you can asking and getting answers from this targeted community. But you can also watching some Youtube videos and reading the articles related to crypto trading.
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Knowledge is needed before investing in any crypto currency, not only Bitcoin. Some people just heard from their friends that investing in crypto is profitable, so they start buying multiple coins with big amounts without learning anything about the crypto volatility, and the market's unstability, so they are risking to lose their money, especially if they dont hold for long time.
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i have some bitcoins with me..any tips to invest them...dont want to spend them...should i invest in some ICO ??
Well you don't have to invest your bitcoins, even holding them in your secured wallet will give you some profit in long term. But if you want investing in some ICO projects, take your time firstly to choose the better ones because there are many scams. Read carefully the whitepaper, the roadmap, and check the team before investing.
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If your tokens have some value, they should be listed in Coinmarketcap, with the price and the exchanges listing them. Or you can visit their social media accounts and check if the token is listed in any exchange. Otherwise , there are a lot of useless tokens , especially got from free airdrops, and they are already dead, and of course not listed in any exchange.
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Aside from bitcoin what do you think is one of the best alternative investments in the economy today?
I think investing in crypto currencies generally is the best investment nowadays. Bitcoin is the first coin of course, but in addition there are many powerful coins and tokens, having good potential, and experts predict their prices to rise highly in the near future, like Ethereum and Ripple.
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The age don't matter, even if you re old you can still investing in crypto currencies, and getting the profit for yourself and for your family. You can let the private keys of your wallets with the very trusted one from your family, so your family get the benefit from your investment after your death.
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It depends, sometimes I make more than 5 trades daily, and sometimes I pass long days without trading. I take my time daily to study the markets, the charts and I decide to buy or sell only if I am almost sure of making some profit, because trading without taking such steps could leading to big losses.
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Usually the bounty managers have their restrictions and rules , including the limits of participants, the quality of posting in the forum, and the quality social media accounts of their participants and so on. They aren't accepting everyone applying to join, unless if the project have low value and want cheap and low quality advertising.
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Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
Because you can make very huge profit as soon as the Bitcoin's price increase highly. If you sell with the low rate you may regret in the future, when the price reach good level. Keep holding patiently and just dont panic when the price go down, it will go up again because Bitcoin's price is volatile.
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Personally I take my full time studying carefully the ICO project before investing. There are many steps to follow in order to evaluate such projects. You have to read their whitepaper, check their team and see if they are real and experienced or not, seeing if the concept is really attractive, and also visiting their site and social media accounts to check their community.
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When the prices go down again , you can buying more coins and tokens simply and hold them for long term, the prices will go up sooner or later and you will sell with good profit this way. Dont sell with low rate because you miss the opprtunity to earning some amount, be patient and hold until the price hit good level again.
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