There are many ways to get bitcoin, you can buy bitcoin from exchange or wherever provide it, you can join a free bounty campaign to get altcoin, and you can sell it to bitcoin. But some bounty campaigns also pay participants with bitcoin or ethereum. And all the information is already in this forum, so you need to read and read more to find out how bitcoin is done.
I started with mining. Then I was dealing with the Bounty campaigns. After that, when I got some Satoshi, I started to trade. Now I can simply buy Bitcoins. |
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As the trend continues, digitalization would ensure that almost every serious business will have to somehow be involved in crypto. Just like every serious business today is on the internet.
Yes, bro - digitalization of the world is the inevitable thing. I do hope, we will see it in less than a dozen of years. Our children will know everything about the cryptocurrency. |
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It's better to buy during the dip if you can afford. There are several factors why we are experiencing the dip nowadays even though the Consensus 2018 event week has come to an end. However, we might be expecting a rise in Bitcoin and altcoin prices after the event anytime soon. It is expected to rise just like what happened in the past three years in the post-Consensus era.
I cannot call these days a DIP. We are still swinging. But soon, you will see how fast the cryptocurrency is running ahead. That is why it is really better to buy it now. |
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Do you continue hodling or sell? A lot of people say to hold no matter what happens and I'm not advocating daytrading but I think in a situation like this, it'd be advantageous to sell.
Thoughts? What would you do?
I don’t know, logic say that if price overnight has made 100% you should sell, and then if you like this coin you can buy when it will drop, and it will for sure drop in several hours, but I always become greedy and think that It will grow some more, and do not sell, and almost every time regret. It will depend on the coin price and the number of the altcoins that I have. For instance, if I have many Bitcoins, and they will grow 200%, I will sell them. The same situation will be with Ethereum (but I am not sure here). |
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Selling some things and investing in Ethereum is a good idea?
I invest in Ethereum more and more. Ethereum and one more coin Zilliqa are developing sharding technology designed to increase the speed of transactions to the level like in Visa or Mastercard or even higher. |
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I don't think there will be high volatility in the next few years. because investors complain about this volatility. there will be a steady step-by-step rise. BTC  Im not agree. After consensus of 2018 crypto market will alive. Many new investors will come to market The beginning of the year was something very awful - the cryptocurrency was falling. However, it seems to me that the market is going to rise. The situation on it has been stabilized, and altcoins are gaining. |
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Even though right now price of btc is still makes me confuse when comparing with last year ends, I think this is still good opportunity for me to collect as much btc as I can
Some people think that now, ICOs are in trend but I do not see it. I guess that people are ready to invest in Bitcoins and some very good altcoins. The cryptocurrency, especially EOS, NEO, NEM, and TRON are in trend. |
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I don't call it addiction, I call it business. I treat cryptocurrency trading and research as a career ,hence if I spend my time on Cryptos, then it isn't addiction .
It is both addiction and business. you know, many times, when the market was bleeding I was going to quit to deal with the cryptocurrency. However, I understood that I could not refuse from trading. |
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Actually no body knows when to perfect time to buy or at what price level is the best level to buy. Traders or investors only can analize market, fundamental or technical analysis to identify market trend, calculate support and resistance and other factors or indicator. Based on this analysis we can take decision to buy at the best time or ideal price level and then expect maximum profit target in the future. In a simple way, we can say that the best time to buy is when price drops lower or retraces to certain lower level. Also we can buy at today's price if we consider that price will keep rising today.
I believe anytime this month is still a good time to buy while market price of bitcoin is still decreasing and so you can save a lot of your capital that you may invest to other profitable crypto. Now, the time is not bad to buy for the newbie. Those investors that bought altcoins and Bitcoins years ago and hold them still, do not probably need it. |
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How can we protect ourselves from a crypto crash?
Bro, it is not possible. When the whales manipulate the market, the prices of the cryptocurrencies change a lot - they can rise or fall. I am trying to choose long-term holding for some good coins as it is the safer choice for me. |
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this is not something we can do. because we are not economically power people. big business people. People who own millions of dollars and billion dollars can do something, however.
Simple guys, usual traders and investors, miners and simply the lovers of the cryptocurrency cannot do it ever. Only rich and powerful people can effect it. |
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The economy that we know today is uniquely changing with the development of the crypto industry. Very soon all the principles of the modern economy will be recorded in the archives of history.
I have the same hope, bro. In my country, the economy is not in the best position. The government should really think better how to change it for the best. |
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I think crypto will go very good long term but the crux is to find the one that will go on long time. Honestly I don't know if it is Bitcoin or anything else. No one can predict the future and see what technology will bring to the table in the future
I think Now the bitcoin prices are rising and will reach 20k immediately and now a good long term investment for crypto users. Bitcoin most currencies are developing and will go long for the future now bitcoin day using so many ways and if you keep this currency for the future then it is a good way to make money from money and those who have held bitcoin now value their money increasing day by day. Do you really believe that Bitcoin can reach 20 thousand IMMEDIATELY? No, man, we all want it but it will not happen so fast. let us wait for a little bit. |
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I heard a lot about telegram groups for discussing cryptocurrency topics. But I am actually not a member any of those groups. Most of the time I discuss the matter here and this platform is fully suitable for me.
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As I know there aren't exists traders that won't get dissapointed in trading, succesful trader instead of that character always positive and ready to lose
I think the reason is obvious: people are afraid of the market volatility. Look at the situation: how can you invest ( a newbie position) if the coin you choose can fall soon? It is a VERY risky business. |
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A trader just made a million dollar bet that Bitcoin would be over $50k by the end of 2018 A large trader (or traders) just plopped down a million dollars betting that Bitcoin would hit $50k sometime in 2018.
This is too big a price for bitcoin by the end of the year. Bitcoin will grow, but I'm sure that by the end of the year it will be able to touch only $ 30,000. |
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well it depends on how much you can loose!
you never know what happens next and what that will brong for you!
Crypto is like Gambling for me!
but i like taking risks!
so do your own research!
And this is right! everything depends on the income and the money that you can lose. As for me, the first sum that I paid for the altcoins was $200. I can say I made a very good profit that time. Now I invest more. |
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I think that long-term trade is really good for those who do not have time because of the main job. It will not take a long time, but it will bring a good profit.
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For now it is very difficult for small businesses ready to sell for crypto. Because now very few people do buy / sell transactions with crypto and many governments have not authorized a crypto for a legitimate payment method. I think it's a factor that makes small businesses rethink to sell for crypto. It does take time and habituation to run smoothly. Moreover, digital payments are being developed so that this will be an opportunity in the future. I do not think it's necessary to motivate people to start a crypto business because I'm sure someday they will need it and be able to adjust.
I agree. Even if people are willing to sell their goods using crypto currency, the state will not allow them to use this method of payment. We need to wait until the crypto currency becomes more popular. |
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Financial technologies such as bitcoin, P2P lending and crowdfunding are just beginning to take off, and businesses involved in the industry pose little immediate threat to traditional commercial banks. Banks, after all, the country's economic lifeline, so I think the bank is still very important, do you think?
People are still afraid of bitcoin and not all countries have a stable Internet in order to use it. I think banks are still needed because they help people make money transfers. |
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