Latest posts of: chidrawarster

What I see mostly is the market fluctuates and the volalatality is huge compared to normal financial instruments. Crypto has got major major market moves and the corrections percent is huge approx 30 percent which is abnormal considered to normal forex or stock market. So it's advisable to take positions keeping in view of the volatility. Good luck.

I m not shocked to see the market is dropping hard, instead i m happy giving the other altcoins rise and making the coins as well a chance to grow and show their potential as well. I would also see correction in any financial market , its because of volume or selling or buying pressure or any huge investors in the market and many more reasons affect the market.Corrections will come and thats when many buyers reap profits.

This type of moves are common with any type of financial instrument.Major correction happens as and when some performance related news hits the markets in turn making the prices to drop or increase. So its in the normal course these moves happens and many buyers enter the market at this juncture.Volatality also depends on the volume as well of buyers and sellers.

I suggest , dont opt to quit u r job instead join the job or continue the job and crypto can be done part time from anywhere in the world.Full time income is must for survival till u see the benefits of crypto on long run. This is my experience , hence sharing with you, even today i m doing my full time jopb parellely operating crypto on part time as all these are based on luck and patience as well. Rest is u r choice.

No I don't think so it's gonna end poverty. Instead it would bring awareness towards people what wealth holding feeling could be and more and more aware Ness could increase after the necessary knowing of pros and cons. I still feel after regulated it would be used as a virtual currency globally without nay hurdles. That's all I see for now.

I agree if there is no patience no point in trading cryptocurrency and holding then for long instead dump them early and stay happy. This is how I see the weak hearts. Also,many of them also partially withdraw and hold the rest not to lose their profit in long term. I would still suggest that holding long term would give good results, this is what happened with the top coins.

I would have definitely not hold my all coins, instead i would hold 70 percent and withdraw the partial profits as and when they are accumulated.I like waiting as well patience is the key to success.Still i would divide the portfolios among all other good coins as well and make the most of it to avoid any loss in a single coin , that how i manage the portfolios . Keep withdrawing partial profits.

May be due to tax evaders and money laundering activities in place. Due to which Chinese govt keeping a close watch on these activities as these coins are not traceable and can be easily used for any activity and also if lost , people will be looted.Hence there is a no way out for the investors to recover their money , may be this is the original reason why they have banned bitcoins.

It is possible that both may sky rocket , prices may be far away from each other as well. We cant predict the crypto market because of its volatality and lots of transactions and lot of volume. I would suggest buy both the coins and hold them for good profits . Both are good coins with good technology and can be the most expensive in the future as well.Upto you wat u want to do with the portfolios you have.

I wouldnt say that, instead i would say people who are smart they equally divide their portfolios in terms of principal and profit withdrawal as well. I myself do that and try not to make my capital more unsafe and hold the profit for long term thereby multiplying the probability of gaining more percent in price. This is how i see the market and think not much about losss as BTC in long term would give good profits.