You will need skills and strategies in order to succeed in trading because unlike investing that you just need to wait, trading is more on monitoring and strategy based system. So you must learn how the coins move in the market so that it would be easy to you to know when to buy and to sell your coins. Let me remind you that alt coins is for short term investment only unlike bitcoin that need time to see whether you profit or not. You're the one who will decide how much profit you want to gain, so having a limit will keep you from getting broke.

Expect the unexpected, maybe bitcoin is the most expensive coin right now but all things here in cryptocurrency world are unpredictable so expect a coin to surpass bitcoin in the next years. I know there are more coins that will shine because of their more improved system and features but as of now ethereum is the only one that can beat bitcoin because of its advance system and lower transaction fees. So if I were to choose what coins I would prefer to hold, one of the coins I would choose will be ethereum.

Bitcoin and alt coins have their pros and cons so having both will secure you a good profit in the future if you manage them carefully.

Bitcoin is the main coin as of now so having it at least 60% of your capital is a smart move to start, bitcoin is a long term investment so you need patience and it takes time for you too see the fruit of your work.

While on the other hand alt coins are for short term only meaning you really have to monitor the movement of the coins you'd buy because in just a matter of hours you can lose or earn from it. Maybe 40% is the ideal capital for alt coins and you must split it to 3-4 kinds of coins for better result.

Bitcointalk name: liivii
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That's right their are some situations the you don't expect to happen and when that times comes and involved money you should probably sell some of your bitcoins in order to solved that situation. Bitcoin is a long term investment while on the other hand alt coins is just for a short term, so having both are necessary to balance your earnings. Selling bitcoins doesn't mean opportunity loss because you sold it because there's a emergency situation and that's okay.

Of course make a smart move by buying when the price drop and continue hold it for more weeks until the price go up again and that's the right time to sell it. You can hold for long term too if you really want to maximize the power of bitcoin. If you have some cash remaining try to bought alt coins as well and try playing it in the market like what you do to bitcoin but this time it's for a short term only. I assure you doing that will result to a successful move and hopefully will secure you in terms of financial aspects.

I started here in bitcoin industry last 2015 when the price of bitcoin is just around $300 only. I have online job back then and the salary is bitcoin. I have no idea that bitcoin will go bloom in the next years so I regret that decision of not buying and holding bitcoins. So right now I focus on things that will make me earn money and that is trading. So I can't say my journey in bitcoin is not bad because for me I know this is the start of a good future for me with the help of bitcoin.

There's no definite time when to buy bitcoins because of its unpredictable price movement. If you have money to use then go and buy some right now, also buy some alt coins also so that you are not just focusing on only one coin. That way you have other chance to earn huge amount of money, but like bitcoin you must also need to monitor the movement of the coins you bought so that you're updated when to sell your coins.

If you have a regular job like me, bitcoin helps by giving you secondary source of income so you can save more for your future. You can do both regular job and bitcoin at the same time as long as you manage your time very much, and it will leads you to a better saving of money that's why I encourage my relatives and coworkers to try bitcoin and hopefully add it to their everyday life. Nothing is impossible in bitcoin if you are really interested to it.

Yeah that's a good time to buy some bitcoins, many long term investors will be happy if the price of it go lower and lower because they'll earn huge amount of money in the next years if bitcoin rise again in the market. While those people who have really no knowledge will suffer their actions of panic selling because they really don't know what's happening on bitcoin and they just focusing on the price that whenever there's a price drop they will panic, so instead they earn money all they gained is stress.

You need both in order to succeed here in bitcoin industry. One example of working smart is when you buy a coin when the price drop and sell it when it rise up again, another thing is how you manage your time and money carefully. While on the other hand, working hard is when you do your work maybe on trading that you must learn first the history of the coin you would want to buy and examine the movement of it in the market. But if I were to choose only one I would pick the working smart attitude because you'll lose absolutely nothing if you play smart.

If you have guts to take the risk then go and buy bitcoins now that the price of it is lower than the previous months, but let me remind you that you must be ready to face anything that might happen because bitcoin is so unpredictable. I'm one of those people who encourage people to buy right now and just hold it for long term investment, at the same time get some alt coins as well for short term investment but you have to learn first the basics of trading.

It's good they implemented the merit system, this way not so good post and unrelated comments will be lessen. Another things is it helps moderators to find those people who have alt accounts because they just do abused merits to themselves. I know it's hard now to rank up because even if you have enough activities you'll not going to rank up unless you gain the needed merits, so the best way to gain merits is just improve your together with everyday learning by reading a lot of informations and news so that you're always updated on what's going on in crypto world.

Yes that's all because of their greediness, mostly people who experienced being scammed are those people who have no knowledge on what they want to get. They all want an easy money and they don't mind whatever happens as long as they will get the money that they want, so instead of them earning the result of their move is nothing but just loosing their money. So they are the one who decide their fate, and they all deserved that.

Having bitcoin as your main source gives you no assurance of a stable income. I'm a huge fan of bitcoin but having it as a primary source of income is not the best decision because unlike regular job that has a stable salary, bitcoin is like no other than gambling because you take a risk in order to have a chance of getting money. For me having a regulae job will secure your future and bitcoin is just a part time even if the money you'd get here in bitcoin industry is more way larger than your salary job.

I think the market will boom again when the last quarter of the year comes like year 2017, we all know bitcoin is unpredictable and there are many things involved on the movement of the coin in the market that's why many people are confused and undecided weather they sell or continue holding their bitcoins. Maybe if bitcoin become more stable then more people are going to invest and bitcoin will have a good foundation to earn a spot in crypto market for more years.

Most of us will say price matters but there are few peoples that are interested in crypto industry so they don't mind the price but the future of crypto world. I'm newbie here in crypto industry so right now I'm one of those people who just see bitcoin as a money, so right now I'm doing my best to learn what is cryptocurrency world is and how I'm able to contribute to the system.

For me trading is better than holding because in holding no one knows when bitcoin will pump or drop, you need to wait for couple of months to see some earnings unlike if you learn and understand trading, you can earn huge amount of money for just an hour or what you call short term earnings. Having some good strategies will give you better chance of succeeding and unlike bitcoin some alt coins are easy to learn by monitoring them on the market because only few people controlled it that's why more people are interested to try it.

Mining is only for those people who have enough capital to spend on mining rigs and I think it's hard to mine right now so my best pick for earning money here in crypto world is trading. Trading is simple if you have knowledge on it, you can also earn huge amount of money like the earning you get on mining if you learn how the coins move in the market. Having strategies also help you to get a better chance of earning on any coin you'd buy.

But if you have no capital to start on, the best way to earn is by joining signature campaigns but it takes time to qualify for it. Airdrops on the other hand can also give you income in the future if the coin successfully join the market.

If bitcoin add more features to it and continue developing its system bitcoin have a big chance of having a stable price. For me no matter what happen to bitcoin as long as it helps me in my financial needs I would still continue to support it. And if the price of it become stable then more countries will start to implement it and gradually establishments will add bitcoin as one of their payment options. Bitcoin will start to become more popular and will last for more decades.