There is no constant amount mate of how much you can use to get your started. However, I would tell you to not invest too much, especially if you're just starting with your ventures.
Sure, at the beginning, it's hard for you, but if you try to read and understand and ask questions then you will definitely catch up on the trend. How much money to invest is not as important as the knowledge you need to be able to succeed in this market so equip yourself with a wealth of cryptocurrency knowledge before making an investment decision. We need to trade with less valuable coins in case of short term while trading with more valuable coins is of long term. Furthermore check your savings which may allow you to trade with either valuable coins or less valuable coins. Both are benefited for you if you trade with either Bitcoin or Altcoin but would need more struggle in collecting profit from Altcoin. However one can get huge profit from the Bitcoin after a long term trading. |
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To be honest I am optimistic about both the coins mentioned above. However, I am expecting accelerated growth for Bitcoin as compared to that of ethereum. Bitcoin has the potential to serve the fund transfer industry on a global level including corporations. On the other hand, ethereum has a scope of growth in the automation industry so I am expecting slower growth for it along with the growth of Industry 4.0. Thus, considering the timescale, I believe Bitcoin has more scope in long-term whereas ethereum has a scope considering super long term.
There are coins in the global market which are responsive; some are more responsive while some are less responsive. The less responsive are Altcoin, Litecoin and Neo etc which are favorable for short term investment or trading while those of more responsive coins the Bitcoin and Ethereum, are favorable for long term so trading for long term with these coins are more profitable while short term trading with less responsive coins are also benefited but not as much as that of long term. |
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Assuming there is such service, how much are you willing to pay for it? 🤔Well, the truth is that there is none like that. Your demand is too much– Oracle support, predictions of price movement and success tracking. There are experts who are so called technical analysts and their job is predicting the price of Bitcoin, but these people are not 100% perfect and they can’t tell the accurate price it’s going to. No one can predict the price of Bitcoin accurately. 100% to what it will be😐.
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In my opinion, the best time to sell them is the price that is higher than the price you bought... Be patient for a long time, and wait for higher prices when you buy.
The best time to sell altcoin is the time when you feel the current worth of your portfolio has surpassed the initial value of your investment. That is actually the time to reap some good money. This normally happen when the market is green and you have held successfully till the green market and have the right number of crypto in your portfolio which can maximize your profit. |
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Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment
I believe that it is still the best time to buy bitcoin and purchase more since the market is in red. I think taking advantage of the market during this dip would maximize our future gain. Bitcoin would still recover soon and it is important that we have something on hand. I will go with you in this suggestion. This is good time to re enter Bitcoin and so many people are investing even the price is low. This is because investing right now will give you Bitcoin on low price and you can earn big when the market recovers. In fact you will earn a big portion than those who owned Bitcoin when the price was $8000 few months ago. So now is the best time to re-enter the market with some good plans and start earning. |
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At first, I thought bitcoin was a useless and deceitful thing. Later, I thought it was a tool for speculation. Later, I thought it was a valuable invention.
Something of value must have a price. Now, the price of each BTC is about $9,000, which is much higher than the price it has shown for the first time: 10,000 bitcoins for a $15 pizza coupon. If I were the owner of the deal, I wouldn't have dared to eat pizza for the rest of my life.
What do you think is the future price of bitcoin?
Bitcoin in the future will be more popular, with more and more users. Bitcoin will be a global currency and at that time bitcoin value will be more stable. The way people are investing into bitcoin and social media is promoting it, there is no way bitcoin cannot reach the level of legal international global currency of the world. Big empires have started accepting bitcoin, many hotels take payments in bitcoin. Soon small businessmen will also follow the trend of business tycoons helping bitcoin reach the level it deserves. Bitcoin will be soon serving globally. Yes, of course, bitcoin future price depends on its popularity and acceptance to all the people around the globe. The essence of its usefulness makes its price even higher than before. Though it would dip sometimes but probably will go higher and higher every year. It is impossible to say what is goingg to be the price of Bitcoin in future but as long as people are getting more awareness about the Bitcoin, they will start investing and this makes the price of bitcoin even to a higher value. It is impossible to predict the price of Bitcoin. Keep in mind that the market of Bitcoin is totally unpredictable and analysts or experts try a lot to predict but get uncertain values. This is due to the changes taking place in the market of Bitcoin in its factors, change in factors make the market value unstable. The major factor is the demand factor which controls the value of Bitcoin and therefore it is not easy to predict the accurate value in future. However the average improvement is possible to predict. |
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OP, that is all my expectation and am currently buying more bitcoin and ethereum since there value are very cheap now as compared to when they were around $8,000 and above.
Bitcoin will soon explode all over the world as we are observing a huge traffic on the market of Bitcoin these days which is showing its affect too as the value increased from 6.4k dollar to 6.8k dollar which is a good increase at this stage. The value will increase further and finally we would be standing in a high market, the market will show its potential once again this time as shown in past. |
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If we didn't pay taxes then how do you think society would be? We would have to go back to being hunter and gatherers. Infrastructure would not be there.
I agree to what you say. I would also add that the government needs taxes because it has to fund its budget and without the masses paying taxes, government is nothing but a naught. Also the taxes we give tend to reduce the gap between the rich and poor and this gap if finished, finishes many crimes from the society. The income collected as a result of taxes is redistributed by the government among people in the form of facilities. |
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I don't know... I'm fairly new to the game. But for me, the best price movement for me is low opening and high closing every week. I can buy off at a monday and sell it off on a friday. But in the long run i would like to see BTC or any major coin be stable and less fluctuating. Because by then, it will be easily adopted by businesses.
That is almost a dream that will come true. Everybody will earn big money if that happens but I do not think that will happen because the current market has been a bit cold since February now and we can only hope for the good time and modifying our strategies with the changing market structure. In my opinion, we want a prices that rise consistently and stably thereby giving value to the investment. |
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Okay, I don’t care what people say about Bitcoin– they can call it a bubble, they can call it scam or whatever they choose to call it, but that’s none of my business. It’s only fools that takes advice from fools. All these stupid economists and big businessmen or whatever it is they call themselves are fond of trying to deceiving people when they see that they won’t gain anything.
They can call Bitcoin a bubble but what matters is how much I have been making from it. Bitcoin has changed my life and I’m way more richer than I was in the past. So whatever they are saying is their business and not mine.
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It would be nice to have decentralized exchanges, and if it were not possible to have the possibility to have the private key at the time of creating the wallet .
For me im 80% sure that exhange are very safe because it is the only thing that you're sure that your money is secure. Also when you exchange your coin its automatically operate in higher level of security. Although there some of them are suspicious so i suggest to you to trust only to those exchanger that on the top. 80% is a whole lot bro and sure, you may still be able to count on some exchanges safety if you can at least beef up the security of your own account, but even at that 80%, the 20% is still a lot if you have some pretty big asset in it. What is the point, leaving funds in exchanges anyway if one is not trading? It is best to believe that exchanges are not safe at all, no matter the percentage you want to give them, and if all your assets are on an exchange, then, believe me, you have nothing at all. |
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Hello, guys, I wondered why some people are easily getting profit during trading and some are not. Like me most of the time I have to lose instead of gaining. Can you tell me what method or signal you are using? I don't like a pump and dump events it's not good to everyone, it's not fair. Just want to learn how to read graphs and signal but I don't know how to begin. Anyone who is experienced trader here?
Their timing is just good. I know that some of traders do a 24/7 monitoring on the market and that assures them profit everyday. Even just a slight recovery is enough for them to make a profit because of their close monitoring and their short terms trades profits must be better than their long term holdings. Whenever you are trading, you have to be careful about two things. The investment decision by which I mean where to invest in. One has to evaluate a coin, check its profit and risk and then decide about long term investment. The other thing to care about is the time to sell the portfolio. Some people sell their coins in red market and some in a market that is neither red nor boom. This simply does not give you the money you are in for. Selling in boom will pay off. |
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Manipulation with prices for bitcoin is not only possible, but it already happens. Since the sale of futures for bitcoins, thanks to which you can either raise or lower the price. We can say that bitcoin is a decentralized network, but reality is completely different.
The market of Bitcoin and other cryptocurrencies will surely increase and will grow more with the passage of time because people are attracting towards this market due to the promotions of Bitcoin. Investment with large amount and in good timings will make this market well and will contribute to the stability. All these things if go well then the market price and other factors besides users will manipulate. |
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Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.
Since the incidence of the MtGox sell off, a lot of uncertainty and fear has been generated in the market and because of that a huge amount of bitcoin being moved in the market somehow can actually generate some fear in a way among traders or investors which could cause a panic sell and then we get to see the value being driven down. I still believe this is affecting the market psychologically until all those coins are fully sold out of the market. |
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If we have less new investors, so the prices tend to fluctuate less? How much dependent of new investors the prices are ?
This year the number of new investors has increased. Many people I know bought Bitcoin Many people invested when prices were low. As a result, the number of new investors increased in all countries. Now the price has increased slightly. Everyone has benefited many. I think prices will increase, they will be more profitable. They will be very happy at this. Normally, as year goes by, it is normal to see the number of investors increasing and there is really no doubt that we will keep seeing more of this over time. Now, the effect it would have normally on the value is only going to have some huge effect if there is a pretty huge demand or adoption or there are some bigger institutions trying to get into the market. Nevertheless, less or more, prices will still always keep having its own dwindles no matter what and those generally are what trading brings. |
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In my own experience, most mistake is emotional. It's hard to control my emotion in trading. Not patient, and finally i loss my money. But, now. i'm better good than first. I got more exprience and so many knowledge about trading, so now, i can control my emotion.
If you lose in this, you have yourself to blame. There are lots of ways you can avoid loss and that’s by cutting it when it’s still early than waiting due to you’re believing that the price will still go up. It’s better to cut the loss and then wait by the side watching what will happen next if the price will go up or not. If it shows further signs of going up, then you can invest back the money and continue with your trading. |
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Blockchain technology users are more and more daily, so be fast and dont miss your own opportunity for your business! Tranfering it to blockchain would be highly beneficial!
A lot of people here are having positive opinions about the Bitcoin and even the whole world is wondering at the Bitcoin and its success in a very little time. It will go higher in future and this is possible as we have seen the potential and strength of the market which is increasing with passage of time. A person if enter in the present situations will get success easy as the situations are favorable. |
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It will become success and that is for sure, crypto is a good way to fund projects for now, and many people are believing in it too, so no need to worry about it, in fact cryptocrurrency are already successful but it was still negative for other people due to scammers and negative news.
Bitcoin will be the main stream in the future and the whole world will use it as their regular and legal currency in their local markets. All people will trade in bitcoin. Transactions will be easy and no need for exchange while using outside the country. All other paper currencies will disappear like barter system. Only crypto will hold the market. This is what bitcoin made for. No doubt as that is what we all expect anyway, but before we eventually hit the mainstream, there is a need for everyone to have the mentality that bitcoin is a currency and a tool for payment purposes and not just as a form of speculative asset which a lot see it as these days. The way to succeed is to get to use it for its main purpose. Otherwise, we will just keep going back and forth, huge volatility here and there, and then the whales manipulating the prices to keep winning all the time. |
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I have to agree with this post. Crypto currency itself is an enigma to me. I'm not sure where they get it's valur but I'm still betting on it. I'm betting on it's volatility where it will go up at anninsane price and down again after a week or so. I just hope it's not a bubnlenlike almost everyone on this forum think it is.
This would remain an enigma for such long time. There is 9 years passed since development of bitcoins and crypto world but this matter is to be solved furthermore. No one even know what is the reason behind volatility. Why this is not stable as it is source of income and gold and silver are too. They are quite easy ad stable but why not bitcoin? There must be a solid logic answer. |
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These are not guaranteed rates, first of all.
Silver and gold move in cycles just like bitcoin does. And although they have been proven to be long term store of values, I don't think that you can say that they are going to be more safe in terms of short term stability compared to bank, just because it may move extremely fast as it is after all, a freely traded asset.
I do think that everyone should be diversifying themselves into precious metals, and crypto. Both of them are hedges against fiat inflation. It's also something tangible, that is solely owned by you, unlike fiat currency (which is itself issued infinitely by central banks) in the form of bank deposits.
As long as security is concerned, I think these two elements have some shortfalls that must be addressed to see good results. Like if someone have bought silver or gold, he has to put extra care for securing them until he deposits this money and material in banks. In banks you attain satisfaction and security as well. People earn from these sources as interest. So yeah this is the case. |
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