I'll take a guess that it will reach $20,000 again by the early weeks of 3rd or 4th quarter. If basically this won't come, I'll put my hope to the rest of the next years. I am optimistic with the market but putting too much expectation can also frustrate you so it's better not to assume that much.
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Greed is the enemy of humanity
Not only those investors who got involved in bitconnect are greedy. The way did bitconnect advertised was encouraging and the most target of it are those people who are gullible with very few words. And if you guys watched on how Carlos Matos act on one of the marketing video of bitconnect, investors who lacked of knowledge on it are baited.
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So far it didn't go down to $7,000 zone. i think, your thinking is totally agree, it's already drop 8500$ which is natural, it's common trait of treading man. i would suggest my friend to do not panic, it will rise soon. No need to panic, we are seeing still a healthy correction that will lead to help bitcoin reach $10,000 zone. We are done with these zones and it's about time to see great heights after the conference.
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what if one bounty, we do not receive a fair share, have you ever experienced it?
You mean the reward or stake has not been distributed properly? You are ranked as jr.member and you might have the lowest stake of all while the others are higher rank than you so they would receive higher reward or stakes base on the signature space that they'll contribute to the bounty that you joined. Ask the bounty manager on how they are calculating the allocation so you won't have any doubt in it.
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Who is behind this bounty that you joined and never paid you with your stakes? If it's not the responsibility of the campaign owner itself then the campaign manager shall be accounted for this. That's crazy if he's implementing the sudden change of rules in their telegram. Ask them if they really have plans to pay you and if they can't answer straightly, you got the answer.
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very well let alone now that bitcoin has started to raise the price is very high. because more and more are using bitcoin and more and more are investing then bitcoin can also be quick to pump in value
Let's make it simple, the more people buys bitcoin it's value will increase. It didn't gain momentum for this moment as the price wasn't so good and it did cause a lot of extreme emotion again to the panic sellers. Long term holders shouldn't worry with the current trend and price that we are going today. FUDs will never be stopped and bad news will eventually come but it's not always their time, good news and adoption will eventually come too that will lift bitcoin higher.
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
3-4 coins isn't bad if you'll diversify and will build up your own portfolio. There are traders that has more than 10 coins but the quantity of each coin they are holding isn't so great. I'll choose to have few choice of coins and have large quantity each of it. Today once again I understand that we must keep cash. With cash, investors can show the ability to buy. Through such declines, profit opportunities are assessed.
We are in crypto market and we know that there's no place for cash in here unless you want to sell your coin to cash. Cash value doesn't move.
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After 2-3 weeks you will have a profit of 20-50%.
Don't give such percentage that you don't have guarantee to the investors out there, you can mislead them especially the newbies. Although you may be correct but still don't give those figures that you have no assurance that you can give to someone that will believe with what you said. I do not understand. Why invest all your money in one project? I think that this is a stupid decision. I think you need to collect a portfolio of 3-4 coins, thereby reducing the risk of losing.
Different strategist tells you to invest in various coins but some tell to invest only with one solid coin. $500 wouldn't be enough to make his 3-4 coins or it can but the number of coins he will hold isn't that much.
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You are in this section to offer something or not? If your goal is to discuss things this isn't the right section for this type of topic. And with your question, just lurk in this section. As you can see there's a lot of freelancers who are offering their "special" service for bitcoin / altcoin.
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Why you have to be so negative that you even think that bitcoin can go back to $400? You evaluated that the crypto market will have a bigger crash compare to this year's largest dump? Everyone is worried with your exit and pessimism but it's up to you, while we are happy reminiscing each event that bitcoin is going through, you are just out there waiting for 5 years. But this can also be your strategy that you have decided to hold for maximum long term hold of 5 years.
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Who said bitcoin is useless?
Check the date when OP posted this. Way back that time it's when bitcoin hits the all time high and there's also a spam to the network that cause bitcoin to have high fee. There's a lot of memes that you have to pay for higher tx fee just to avail a coffee. But today, bitcoin is doing good and the fee is very cheap. Lately I spent 0.02 USD for a fee.
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For a noob Your harsh mate but you're right. MEW is good for first timer and you have to be careful of not sharing your private keys and if you want to upgrade the best wallet that you can use is hardware wallet. And for an hardware wallet I recommend Ledger Nano S.
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I want to say this ain't normal but if we'll study the case on bullish trend of bitcoin last time, that ain't normal too. this is an ordinary thing, it is not possible the bitcoin price will always go up. do not panic we will soon see bitcoin prices exceeding $10k.
Still ordinary and although it's a bit disgusting whomever is and whatever is behind this, keep on holding mates.
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Everyone knows how complicated it is to mine cryptocurrencies and how much energy the mining computers utilize to solve the mathematical problems to find new coins. Just think on how GPU's and asic miners consumes energy just to mine though it's adjustable, you can also do the same thing if you'll mine with mobile. But for someone that has a very busy life to live on, you'll end up giving it up. But do you think mining could ever be done on cell phones?
Yes it can be but not actually mining, it's like a virtual mining which the software most likely sees you mining but it really isn't it. Check ETN mobile mining.
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Hi. In which the beginning project to invest 1000 dollars to multiply them?
You can multiply it actually by trading alone. The market is in bad condition today where you can take any coin that you wish but if I were you I'll buy bitcoin. This has been the nth time that bitcoin has been in correction days, in terms of average number what will be the exact number you want that capital to multiply? Take caution of some ICOs, they would cut off your capital instead of multiplying it.
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how many people are ready to sell their goods or services on crypto? I can't count them in but AFAIK there are plenty of it already. Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency.
Building E-commerce? there's many offers in the Services section that wants to help others but with pay. What kind of reasons can motivate people to start a crypto business?
If someone successful will show on how effective it is in crypto in terms of his profits, many will be motivated and encouraged.
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Would be more better if they teach what blockchain is and how the technology works. If they get to learn about blockchain, they can easily get hold of the concepts of crypto currencies. But still, crypto currencies are in their infant stage, so what we study now might end up changing rapidly in the future.
Seems legit better if blockchain technology will be the one that will be added into technology courses or computer courses while cryptocurrency (trading) is good for business class. Blockchain technology and developing will be in demand for the next few years or it's actually in demand today so to those that are still thinking for their career path, they might choose it and enroll to that school that has that type of class.
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It may look impossible at the current status of bitcoin but trust it, bitcoin is going to return to $20,000. As far as I can remember, the bullish market started to roll out last year during June so let's assume that this year's month of June the bullish will start. This may look low chance of being real but we have to observe it and if it happened to the past, there's a possibility that it can also happen.
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The very first rule in investing is Don't invest, if you don't know anything with your investment. You know the consequences of having high electricity consumption and if you don't have a large space for it, you may also take the heat that was thrown by the rigs. There are alternative investments that you can focus with, other did gave up for starting their mining rig considering those things. You can buy bitcoin and hold it for long term.
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Previously Bill Gates spoke good stuff about Bitcoin.
Yeah what's happening to him? There's a sudden change of his belief and he's now a band wagon. But as the btc price started falling, he stepped back. He is saying all these stuff about btc out of no reason.
This can be just their promo together with Warren Buffett that they already shorted bitcoin after declaring something like this. I know before that Bill Gates once said good things about bitcoin and he has it but now he changed for awhile, there's an intention to manipulate the market and he has his own intentions.
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