I'm very panic today where I see the chart of the coinmarketcap which show in below. All the coins down approx 15 -20 percent whereas BTC and ETH are also very low. So what can I do where I buy BTC at $10k and ETH at $500
You are not quite into these kind of things right now. You know what you don't have to panic just because the coinmarketcap of ethereum got decrease it is normal though. Cryptocurrency's nature is to fluctuate. And that is the challenging part of living in a crypto world. You must need only to take advantage with the current situation you have right now. |
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What do.think will happen to crypto currency year form now? Will it be legalized? Will be banned by some? Will it be controlled by the government?
I guess, there will be no significant changes for crypto this year now, except from its market price it might break its own record or some stuff. If it wil be legalized, well, it could be also I guess. May be such concern will raise to the governments out there. If it will be controlled by the government, I guess it won't happen especially the government is the first people who bans crypto, and in addition crypto was created by means of its characteristic and it is to be decentralize. |
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Have you ever take wrong decision when you were panic. share your experience
Yes, I have been. Don't wanna think about it though. But let me share this tragic memories. Well, I have been in some sort of having a lot of holdings, and then I have one goal in mind then, that is I should sell it when the market price of that certain crypto would go a bit higher than it were. I firmly hold it a while longer. And then suddenly, I just skip monitoring my holdings, to get back in my real life. When I try to look upon, I was in shocked that the market price of it got too decreased, I was in panic then. Then I sold all of it. Yes, all of it. Not knowing I would be in the worst situation. |
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Do you believe Crypto Currency is changing the world?
Why do think so?
What changes crypto made?
Yes, I firmly believe that crypto is changing the world. It is very visible to see though. First thing is that it helps a lot people to survive such financial problem. Thus, it decrease poverty. Next one, is that cryptocurrenct can be the medium of transaction to be specific it is the payment itself, thus, transaction is convenient nowadays unlike before. Next one, is that it decrease the number of people who don't even have a job, that is very obvious because people make this kind of thing their job. |
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May be this year is the worst year for the crypto. market is very uncertain and no one knows the reason All we have is just a "hope" do you really believe that crypto will revive again.. i am losing hope now
Well, I do think that it will so. You are just too naïve I guess with this kind of thing. You must be matured enough if you are quite old around here in crypto community. Well, I guess we cannot conclude it now yet, there are still few more months to count for us to conclude that this 2018 is the worst year for crypto. The green zone might come around ber months, just don't lose hope. Use the odds to win the situation, I mean buy more crypto then hold. |
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Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
You are quite in a higher rank. I think you should know what you should do, I supposed. Still not familiar, or yet in shocked. Well, this is crypto you musts learn more about this, I suggest you should let the fear out of you. Do not let the fear take you away or else you might get in trouble with that or the worse is that you might severely lose your money more than you could. Take away that bad habit of yours. Just remember this thing, if the market goes crashed it is either you buy or you hold, and else go trade you know what I mean. |
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That is pretty tough to answer though. Even the good looking one cannot be trusted that easy as you think you could. Sometimes, other bounties who are in the verge of success ended up being failed, then cannot be help but just scam other people. Well, bounties nowadays doesn't come to the name of the manager who are managing that for you to say that the bounty is good, as I see it is still sticking upon the faith. You are lucky if you got the good one, you must be thankful.
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I'm a newbie and have been into crypto for a couple of months now. I must say the advice from other members about not checking trades too often is very good. One can become obsessed with it, and I think the thrill of the "win" can be quite addictive. Similarly that depressed feeling when the world is "red" can be deflating as well. There must be a "happy" medium, if one is to maintain a balanced life.
Yes, that all implies. Especially the addictive part, indeed happened usually here in forum. I may say all people passed by with such feeling, and then came back to normal when everything seems too much for them. Well, usually that happened if you are in a winning stage most of the time being. That would be voided when some other thing blocked you on your way such as loss, red zone or other things that would came up just to stop you around. |
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Lately I have realized couple of newbies complain about vulnerability of the market because of the dips
But truth is we seem to have forgotten that
Whereas Bitcoin is the first and largest decentralised digital currency used as a store of value and a means of payment, Ethereum is the largest decentralised application network.
That explains why bitcoin dominance seem unbreachable
Yes, bitcoin indeed the superior of all cryptocurrency existing. However, I still thinking about how was it affect the other crypto, but I came up with one conclusion, and is that because bitcoin is crypto also. They are all connected by means of exchange, converting, and so on. Looking upon the graph you might also conclude what I have thinking all through out. Once bitcoin marketprice drop, the other crypto was also droppping on its price. |
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what's your reason joining here in crypto?
I'll tell you something how do I get to knew crypto. First is that when I was taking up my leisure time browsing on the internet I was suddenly brought up to a certain thread about beyond the surface web, then I continue reading at that time I have read the crypto itself, and I try to explore and expand my knowledge about it not knowing that I could earn a profit through it, that is why I join here in this community not just to earn but to expand my knowledge about crypto itself. |
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BITCOIN vs ETH ? your thoughts ?
Bitcoin versus Ethereum. We cannot deny the fact that bitcoin is far more greater than Ethereum only in terms of its market price, also, it may go for bitcoin for the most user but the thing is how useful it is. Well, I would go for both because there are some gaps with bitcoin which Ethereum could fill in such as the affordability, and there are also some gaps with Ethereum which Bitcoin could fill in, when it terms to its selling price. Well, so far the two of them are both good, if I would choose between I would go for both. |
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There are some countries ban crypto use. Willing to know if crypto is accepted to in your country. I am wondering if Crypto currency is being used or known in your country.
I could definitely say that it is somewhat accepted. Since there are no existing organization whose against to it. And luckily they are supporting it, in my country they are making some transactions that bitcoin and other crypto currency could be the payment itself. Although, it is regulated since too much is bad, also there are also a people who uses bitcoin and other crypto just to deceive other people out, that is why it is hardly regulated. |
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The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.
People screaming: HODL!!! It will moon someday!!!!
Another one that is common: When BINANCE!?!?! If only we were on Binance!!!
This makes me laugh inside. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.
Most ICOs did very poorly the last 3 months. The ones that did the worst were the ones that started in January
Now, a lot of these startups are underfunded and could only list in low volume exchanges and seeing their prices crash to ridiculously low prices.
And everyone is crying on their Telegram.
Listen very closely yo: The price will never rise if everyone HODls!
Prices are boosted through supply and demand and if a vast majority of people who own the coin are not trading it, than you are severely cutting in to that chain.
Instead of Hodling, you should be buying and making strategic trade choices.
Indeed, you are correct at somepoint. Well, people hodl bitcoin and the other crypto just for the sake of not losing it, just for the sake of saving it. If you do have a lot of it and then the price is severely low, and you have the guts of someday it would just rise up probably I bet you would do hodl stuffs as well. Well, talking it generalize there is some side effects of tons of people would just stay hodling not doing something out. And yes, it might result to crypto being more severely low than it could. If people would just do some trading stuffs, buy more when it is low, instead of only hodling it. There will be a significant changes. |
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As I see, I think your money would definitely be much safer than bank since first bank companies has a permission to run by the governments, it has its own authority. Second one, is that it is free from theft although there is a chance but they guarantee you that you will be getting it back. Lastly, banks are the most trusted lending company. On the other side, crypto is decentralize, if you got lost your money then you will be the one who will do something to get it back. In addition, cryptocurrency fluctuates means if you invest money to this there is a chance that the money you have invested might become more lower than it is.
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That's quite early for them to be involve with this stuff yet an opporunity on the other side for them to save money for future purposes. Although they have a narrow mind towards, it is not the case for us to deal with. The things if they would come too far with this stuff especially with investing, why? Because first of all they do not even have a money yet once they have invested with this thing probably most of the money came from their parents, what if they have got lose all of that to the point they would do some unnecessary thing in order to take back such loss. |
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What's happening with Ethereum? The most promising coins becoming garbage! Yes, we know the bearish market has come again, but ETH in 330 USD?! It is unbelievable. People told that In August, the crypto bull market will start and now we are seeing the bearish market ever in 2018! I can't believe ETH is now 330 USD. What about you guys?
That's pretty low as it is. Cannot imagine if it hit such price. Well, cannot blame crypto at the same I could say that it is normal though. And yes that is unbelievable I didn't imagine though but as expected nothing less to crypto world it's nature truly fluctuates indeed. Well, mostly people expected that 2018 would be a bull run yet we complained too early, remember it is still August we hadn't even passed ber months yet so, there are still few months to count and rely on that it will be the expected bull run of 2018. |
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As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
Best thing to do, well, I guess try to explore this forum and some aspect of cryptocurrency till you get familiar enough. It is not enough that you know, you must need to know how to do it as well, you know the result of what you will do, the negatives, the positives, the pros and cons, what could be the impact to you and so on. It doesn't matter if you want to learn for a long period time what matters here is the familiarity on the things you will do. Then knowledge will just come along the way. |
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Hello, why everyone is so afraid of crypto market falling again? I think this 1000$ bitcoin growth is the new beginning of rapid growth of all crypto market! Guys don’t be so depressive, stop panicking and selling just relax and bitcoin is going to reach 20000$ in summer!  Well, kind of optimist yet crypto still give us the thought to be negative. I like how you handle things right this way, that is a good one though. Imagine if all the person here have the same attitude as you, probably they didn't lose anything at all. Although it cannot be avoided. But being optimist gives us the motivation to go on the road where we might encounter obstacles but gives us an assurance that there will be a treasure in the end. |
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Guys, how do you think, is a ready-made product important for ICO project? In my opinion, it is, because it can show investors that the team is ready to bring huge results and has future plans. As an example - KickCity, event platform where each user is rewarded for event promotion. You can try it today. More information you can find here https://medium.com/@kickcity_io/kickcity-public-beta-5aa66fafc5c7Well, not all the time a project was to be made with the result of having a product. Well, there are some project for services, business implementation, proposal or what so on. What really persuade investors is a breakthrough project could either a product, services or so on. Something that is unique, beneficial, new or indeed would be in use for future and other sort of development. So, in my opinion a product does not all the time make an ICO run. |
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i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
Hi there! I'd like to share my opinion towards this topic. Well, I will correct something first. First of all crypto is not totally dangerous the coin is still a coin, crypto became only dangerous because on how people used it. Bitcoin and the other crypto could be use as a medium of transaction on any sort of technology thus, if there would be a secret transaction might be in surface web or down beneath to what we see then transaction cannot be undone if bitcoin or the other crypto would be in use for payment and so on. |
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