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Trading has never been easy. It's not always a win-win situation. There are always ups and downs in every market and the cryptocurrency market is not exempted from that.
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My advice is make it a weekly trade and not everyday. Your consuming too much time but the profit is very little in daytrading and I know that because I've done it before. Coins do not move their prices everyday so it's clear that day trading is not effective.
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It's just useful for any indication if you should sell or buy altcoins at that moment. But did not pursue doing technical anlysis because it's very stressful. I only based on my instincts, news, and market movements.
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As my friend's experience shows, it's more profitable to buy bitcoin rather to mine it. There are better ideas for investment, even outside the cryptoworld (which is now highly unstable and risky).
Mining is something different and more complicated than just buying bitcoin. Mining needs place, electricity and more investment and also experience while buying needs just money and nothing more. The price is growing again and it is better to buy some bitcoin instead of mining and trading, because holding needs no experience. Just buy and hold for some time. It's really smart to just buy and hold bitcoin. Mining isn't applicable to a single person, it should be a group of people. You need to have the knowledge when you operate those things and with just one technical error then all of it will stop. |
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Banks and cryptocurrencies will probably co-exist ultimately. I don't see one replacing the other.
That is the most realistic thing that would happen after a few years in my opinion. Banks will revolutionized and they will give much more importance in cryptocurrencies rather than fiat. |
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Just wanted to know where you guys think we are. Are we still in the early adoption stage?
At what stage of the dot com era would you put us at? Dial up lol?
I don't think that we are on an early adoption stage. People are just investing on it to get profit and not using it to buy for their everyday needs. I think we are on an experimental stage. |
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Fully Trust .. wth are u smoking NONE WILL EVER TRUST BITGRAIL OR THAT FU*KING THIEF BOMBER AGAIN .. Those tokens are worth less then the harddisk space used to type this post on .. Bought back from 50% of the FEE'S The Only fees generated will be when people withdrawl their coins of This DEAD EXCHANGE anyone one that does anything but withdrawl their coins from BITGRAIL is a FOOL. What happened with his Database did he had that over to the Police or Nano team ? Personally I think hes a lying sack of shit the size of the transactions are way beyond what any normal user could have done verified or not the numbers don't add up. How'd you know? Don't forget about the fools lol. There is still a chance that unaffected users and non nano holders will trust again bitgrail. There would be a decline on trades, yes but I guess it's not the end. P.S. Not a fan of Bomber. Nor the Nano Team. Just as expected into these kind of scenarios on where trust can really be broken once and it would really be hard to trust it up again.Yes theres still a chance but it wont really able to go back on where it was before. People that would still use that exchange and entrust their funds would be a total idiot. I could not believe that there are still some people who will give those thieves another chance. |
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Unfortunately it is way too easy to get scammed in the cryptocurrency space, even with the best due diligence in place it can be very tough to manage... but must agree with a lot of the opening post and the points made there.
Indeed. Even you had successfully chose the right ICO, it does not stop there. You are still vulnerable to get hacked by phishing or like what just happened on MEW where hackers use a backdoor to steal funds. |
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After a month of hard work I have to pay quite a lot of things. I just got one about 200$ to invest in bitcoin. Should or should not. Please help me !  You should do it. That amount is a good capital for starters like you. Invest only in bitcoin at first so you won't get overwhelmed because there's so many coins already existing. |
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But the Chinese people seems like doing the opposite. They are chasing the cryptocurrencies and the Chinese markets that focused on crypto are migrating to other countries just to continue their business.
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I started bounty hunting in NOV and am happy with the profits I have managed to get from it....maybe you could so the same by applying in different bounty campaigns in case you still not earning any btc
I also have profited a lot in just a couple of months. The key is the person only needs to be resourceful and try all the option that you know or heard because that is what I did and now it's paying off but I'm still not contented and I want to earn a lot more. |
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I wish I had also found a coin like Raiblocks which is now named Nano so I can make that huge gains. That 100x gains is what all we want for our altcoins to reach. If I were you I will cash out 80% of that money.
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Sometimes it does. When prices are dropping and the economy is gloomy, that's where that sleep happens. There's no movement and sometimes it is just stuck and waiting for a good time to rise again just like bitcoin.
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It's still a best buy opportunity for bitcoin. I'm pretty sure that there will be a lot of whiners everywhere when bitcoin suddenly moon again so I hope you folks would take advantage of it.
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I really hate when some people say that bitcoin has no value at all. OP is correct that time will make bitcoin very valuable. The paper money was perceived to be valuable so we can also do it with bitcoin.
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I'm very certain that mining rigs or it's parts is the best to sell online in exchange for bitcoin. Another idea would be hardware wallets like trezor.
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All I can blame is the taxes. I'm sure that traders and investors are very reluctant now to spend anything to crypto because all they can think of is the computation that they need to pay and that put the market down everyday.
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Everything that exists today can disappear and that same principle applies to bitcoin. But I know that bitcoin will last for a couple of decades though. And that fact that it's a technology, it will evolve and could lead for it getting replaced.
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Stablecoin? That does not sound as crypto at all but we'll never know. Maybe a government-backed crypto can make it happen but I'm wondering if people will use it unless the government forced it to us.
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It has a positive effect even people does not like the sound of it. Removing the Ads will make the people search further rather than putting their investment on ICOs that they see the most.
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