I think this an important advice but some of them is not too correct in my opinion, like holding until grave or moon, a traders supposed to be having a buy and sell limit, and you can become expert by building experience, the most important thing to keep you insane is always invest the money that you can afford to lose, crypto investment is very risky, people need to understand this before invest
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I think no, many investors are diversify their investment, they not too focusing on Bitcoin because they think that they can make more money with alt, and the market is also not too good, the possibility of reaching 20k is pretty low this year, but if all whales and investors have the same mind to invest in Bitcoin then it could happen
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I don't think Bitcoin need to add more features, Bitcoin already got a good feature and got a good fame, the only thing that need to be done to make the price go up is more investors or the adoption of big companies, if we can make more stores or people to used Bitcoin then the price could go up
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What for you is the safest and most reliable altcoin that any beginners of cryptocurrency can buy and invest in to? Because bitcoin is unpredictable I wonder if I can start buying altcoins instead, however, I do not want to buy an altcoin that will just be a waste of money. Any ideas?
Alt coin will be more unpredictable that Bitcoin, for beginners actually the most suitable coin will be Bitcoin,but if you want alt coin to invest then eth or xrp, but you will find that their stability is almost the same with Bitcoin, but when you hold Bitcoin or eth and you hold it for long term,you still can make profit
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The one that keep on saying Bitcoin will die, is the people that don't understand about crypto or the one that got bad intention, they want to buy cheap coin and watching people losing money, we are more and more toward cashless transaction now, but we don't know whether that the government will allowed crypto to become the part of country's economic or not
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Litecoin has strong fundamental because has partnership with some big company and international bank, and LTC still undervalued coin and has potential to going up to multiple times. Development of Litecoin is very good cause Charlie Lee keep who become Creator of Litecoin and Managing Director of the Litecoin Foundation always be active to promote LTC and professional person that will make LTC become more strong.
I agree, litecoin actually a very good coin to used, when I look for fast transactions usually I will used LTC, its a strong and good coin, unfortunately the fame is not too bright, it's been under the Bitcoin shadow for a long time and now losing it shine, really hope that there will be new investors that can push LTC, LTC deserve a better treatment
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Most of us not really comfortable depending on etf to make bull run, but for now it's a good option to return the investors trust, we need more funds and the investors need assurance, so we need the etf, etf also could be the door for legality, even though I don't really like the etf but for now we got no better choice
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Btctalk name: xuan87 Rank: legendary Current post count: 3724 +1 BTC address(No BCH): 1ZDYYKayuSXTavSA6TKkDgKN4R1v4KZHa Wear appropriate signature: yes Wear avatar: yes
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It will be great if there are enterpreneurs want to invest and adopting crypto, but I think they still hesitate to do that, the most correct approach is asking people to put new their money into crypto, we really need new fund to bring a positive atmosphere to crypto world
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I will be very aware, few times when the situation become green then the next day the price got corrected pretty bad, and this time I am a bit pessimistic because the price go up without any good reason, but let's hope that the investors get together and put some funds in Bitcoin to make the price go up and could pierce through the resistance
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If you just want to start then it's not recommended to make trading as your source of income, trading especially in short term require a lot of experience and skills, and with using your money that you need for daily basis is a very bad idea, I think you better learn first and build your experience
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Well let's see how it's turn out, cardano is a great coin but still in baby step, it's still lack of interest and support, eth has been famous for it's smart contact, while cardano still has been famous for anything, with that fame caradano still unable to catch up with eth
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Why should we panic, the price is moving forward and backward,the swing hasn't been too bad, so I guess BTC still in a good shape, it's a bit disappointing that the price hasn't able to go up, but the market situation is not too good and the etf result hasn't been in our favor, so just need to be more patience about the situation
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I think its not consuming too much energy, the news is really exaggerated by some people, we can used another source of energy to mine Bitcoin, the banker, the car and factories are using more energy but people never realized that, I think some people want to make Bitcoin look bad
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Yes you can trade, in trading you need volatility to make money, so bear market is not an obstacle for you to make money, all of us wish that the market will recover soon but we can't know for sure, the probability of profit gain will depend on the coin, it's a bit hard to make money in bear market, but it's not impossible
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Yeah it makes no sense to see eth fall this deep, even Bitcoin already recover, but the eth price still falling down, the most reasonable reason is the usage of eth is decreasing, eth mostly used because of its smart contract, and when the ICO that used smart contract got problem, it will automatically affected the eth price, but I still believe eth could recover, if more people want to invest in eth, the recovery will be faster
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Yeah I already read the news and it's not a good news, but from the start I already expected this will be the result, so I am not surprised, I just afraid the price fall down too deep and make the investors run away, hopefully there will be a better news on September
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Beside 4 of the reasons, the ICO is hard to grow because most of the people not see ICO from the potential anymore, they just see it as a profit machine, so they will dump as soon as possible when they see profit, this is one of the reasons the investors don't want to put their money anymore in ICO and when it happened the project will become stagnant, then the developers will create new project to develop, so that's why there are tons of alt coin that got no value
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I think it depends on the coin, if the coin still got chance to go up then I will hold until I think the price is right, but if the coins are infamous coin then I will sell, the main idea of having alt coins or token is to make maximum profit, so when there is a good chance to make profit then I will sell it
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Exactly, even if everyone asked you to hold you need to do your own research, some of the coins will keep on dropping and won't be able to go up, at that time you are going to be ended with dead coin, I think you need to set the limit when the bear market is happening, and crypto market movement is very fast you need to be smart, so you not end up losing more
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