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Why not. I always calculate the % profits on the basis of how much the crypto market has fallen down. Just imagine, whenever crypto drops by 20% then you actually should be seeing it as 20% profit if you buy it at that drop. Because, one thing is sure for the crypto market to recover itself with short term or long term hold. So if we know very well that 20% recovery is sure shot then obviously that is going to be 20% profit for us. What I discussed here is just an example but yes, a sharp should be seen as the opportunity.
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That is just 1% hike in the 24 hours volume and its nothing as compared to what we have suffered earlier. Its good thing that it is started to show up as green but to have a complete and solid bull run we need to wait until the market goes beyond 10% in total market value. This is just start of the bull trap and until the time it gets to 10% hike we have to see it as trap only and be not too excited about it. Once it hit those numbers then we can say that we have entered into another phase of crypto up surge.  Lets hope this happens by today only in the same way as it dropped sharply, it should get hiked sharply as well. |
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Yes off course this isn't the worst one and also this is not even the real bear market I believe. Many articles suggest that prices of the December were not even real one, they were just overhyped and manipulated rates. So whatever dump we today wasn't supposed to be here if those were not the real prices. We are just on the correction course and might get settled pretty soon than we think. Now that we are already lowered the prices to right values, this might be the start of new pricing as the new investors start jumping into it. So yeah hold still rocks for me too. |
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Hello,
Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?
I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
Looking at the current scenario it does look like that it is really important to see whats the first one ! I mean isn't this is the truth that bitcoin actually keeps up its #1 no matter what how big technology comes into the market or how much investors it gets in short period of time. Its investor's approach to be honest, it is very very casual about the altcoins. I mean they will always consider it as one time or temporary investment and thus wont look at it later on once they get their profits. This approach is what making bitcoin very much stronger day by day. |
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Hey guys, what do you think about the future of crypto? Where it will be used? How much bitcoin will cost? Or maybe crypto is going to die...... I want to hear your thoughts.
Who knows the future if the public interest is at one side and government decisions are on the another! There is no single country who is willing to dive into the crypto fully (except Japan) and use it the similar way we are using the fiat currency today. I think crypto currencies will run as long it benefits to the investors of the crypto. It could happen that crypto will go green signal from government side and there might become all new up surge of crypto investment and it might just look like another commodity over the stock exchanges. |
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As far as the crypto market is considered I am pretty sure technical analysis gives nothing but crap to us. The technical analysis keeps changing every week in the crypto space because of ever changing facts, reasons and reality of the real world towards the crypto currencies. They hamper it again and again with bad news, some sort of storm emerges even with smaller changes in government perspective towards the crypto. Now you tell me why one should choose technical analysis if fundamentals are taking over so easily.
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Well we may try to find some solid reasons to put bitcoin in hard and harsh conditions but I am sure that bitcoin will not perish at all. The bitcoin is one of its kind and people are here to try it out. World knows about it but hardly 10% or may be lesser than that have tried it and have staked their money into it. If bitcoin was that easy on the things then lets face it, it would have already be gone after so much trouble coming from the government side. I think this is the way to think about its solitude and make sure that BTC aint going anywhere real soon.
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A question that pop up my mind this time due to curiosity and I know that there are also member of BTT also ask the same questions.
How much is the highest amount you earned from holding your bounty reward token?
How long did you hold that token?
What is the name of that token?
I just want to know some of your experienced as a bounty hunter for me to have more hope and faith that crypto currencies are part of our life and for me to trust more crypto because being new with less experience is not easy sometimes doubt will came into my mind that maybe this crypto / bounty is not a good way to make some money.
I need to read more also learn more from your experiences if it is better to hold the token for a long time or sell it in small amount!
I got good bag of fiat by holding SCL for pretty long. I bought it in the early bird sale and then was able to sell it after 8 months of holding on their "buy-back program". They arranged the buy back where they would by the coins back at the rate of highest bidder. I bought the coins at 30 cents each and when the buy back program initiated then it went ATH of 1.5 USD each coin. I made whopping profit by selling ATH and thus go good profits from it. The name of project was Sociall coin. You can still checkout the historical data for this trade. I think many people benefited from this holding. |
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Always wait when market is getting out of control and getting too much volatile. Because we have no idea whether the market will be crashing further or will it be hiking then after. Once the market moves down then its the sign you wait patiently and find the bottom of market. Once it reaches the lowest level then you can always buy more coins there and try to increase your portfolio. This you will do because the next step would be high spikes in the way and green profits for you. If the market is going up instead of more crash then obviously you wait and find the peak point and sell whatever you want and as much as you want.  Keep it simple! |
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Recently, a lot of ICOs are getting hit by people dumping tokens below ICO price. Some attribute the cause to bounty hunters while others blame it on excess pre-sale bonus. Who do you think is responsible and how can this be prevented?
Everything is responsible from those extra % discount given on the pre-sale and the bounty hunters itself. They have no reason to keep their tokens if they see higher prices as compared to others because they are here to earn profits and they will earn it no matter what because thats the their primary goal here. You check any ICO in the market, as soon as it gets listed over the exchanger then it will have that surge of people who will dump the coin very hard. You cant do anything about it. But if you really wanna make hot profit then you stay in it for longer time and you will see your investment getting 2x-5x the ICO price as the development take place. |
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Lots of threads like this. To be frank its not even needed to ask because crypto currencies have always been jerk like this.  They have such cyclic changes all the time. No matter what they always go under dumps and sometimes up surges all the time depending upon what situation is there out in the market. Now we have entered the FIFA fever here and it could happen that most of the people will get diverted toward the FIFA for sometime now and thats why crypto might be going down currently. So until the time everything set backs to normal we can be relaxed and just keep checking out the market superficially. |
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Honestly speaking the current market is screwed a lot due to unwanted events that happened recently in the market. So its better to give some time to them so that they can really clean up the mess! Like you put forth the example of Mt. Gox! The shitty entity must put on those 1 billion dollar worth of bitcoin as stated by law enforcement and might just push the market a little bit upwards. The next thing we might need is support from the small and big investors by putting their money on the market. Then only up surges will start otherwise we may need to wait for another year or so!
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I would love to stay in the bitcoin always no matter what happens. An altcoin is always good investment but it is not the best one. I am looking forward to see my bitcoin go upwards as it has been the case always. I do have the altcoin portfolio but whenever I get the chance then I always prefer to revert back my asset to bitcoin. I know bitcoin can move lot more than the alts and that is the reason I get most of the profits from it.
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What are you guys trading on the most?
Anyone using the Bitcoin to trade stocks like 1Broker? Or mostly trading BTC markets? Or Altcoins?
I am only up for the altcoin and bitcoin trading. There is no way im gonna put myself into stocks anymore. That world is very complicated and in short doesnt suit me at all. I am completely into bitcoin and altcoin trades because im used to it now. The trade here is very easy to perform and you can just be earning loads of profits on one beautiful day while loosing something on the other day. But as whole I like crypto trading because its giving me more than it has taken from me. You get huge daily option to trade on, the values are different for different coins and you can just choose your range and capacity of investment. |
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I am glad you came to know that from an article! Well, obviously who wouldn't manipulate this market when the authority is all in hands of public ? Bitfinex or Binanace it doesnt matter at all! They all are the same and have power to change the values because they do carry whole lot of money in their pockets. They are also humans back there and they will always try to manipulate the values for their own benefit. Its never going to be clean cheat all the time. If that would have been so easy then we would have seen the crypto currencies skyrocketed by this time. |
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Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?
Well if we refer ourselves to the past year journey and see whats coming up front then it could be more than 20K USD for sure. This might look overpriced but I dont think that it is some sort of over priced tag but something that bitcoin was capable of and it showed us once too! Whenever there is dip, then it means something for the future. The dip is advantageous as it opens the door for many people around the globe to jump in at the right time and get most out of the bitcoin. Same thing happened last year and eventually bitcoin went off the charts and shook the world. Surely people are waiting for same thing to happen and hence they are entering into it for that only. |
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As many experts and economists are predicting recession in near future, will Bitcoin emerge as safer asset globally during recession like gold and similar assets, global investors might look for a global standard asset as compared to regional or fiat currencies which devalues in recession.
We'll I dont think that will be the case. Bitcoin will actually have to make its own support line to sustain in the time of recession otherwise it may drop to value of thousand dollar or below it. Do not forget that bitcoins' complete legacy is dependent upon how much money is being poured into it from the real world and thats two it gets value for it plus market cap for sustaining the long term journey. When the recession will occur then this money will get shut off because people mostly will transfer their fund into gold and silver as solid proof of stake. Thats my guess all about it. |
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