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You should do it with full knowledge about bitcoin economics and not just because a friend or anyone here tell you to do so. It is your investment and you should be the one in control with it. Make your own decision based on what you see about bitcoin and the current price so that in the end, you will not blame anyone for your losses.
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I have not moved my bitcoins for a long time I do not track transaction fees anymore. It is good to know that the fees has lowered down significantly. It helps the system for adoption because newbies turn down bitcoin because they get turned off by long tx time and high fees.
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You have to pay taxes as capital gains, it is your obligation and to avoid future complications.
I my country, we have a service that allows bitcoin to be converted to fiat and withdrawn via cardless atm. That is very convenient. But if it is in large amount, I withdraw it directly to my bank account.
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You can try to scalp the market for small margins. But you will need more than 160$ to be able to make profit from it. If you just want to risk that small amount, find some cheap tokens that have great potential then wait for it to rocket. When you have larger money, then you can do this small constant profit easily.
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I agree with you. Many ico's are just selling crap or not responding adequately to the investors. But I think that's the price of having the opportunity to generate a large profit in a small time. You just need to be more carefull in your picks.
Maybe 1 out of 100 is a genuine good product. I have been joining bounty campaigns, and there are quite few ICOs that have real project that actually solves something. Those I found I did not just do bounty but invested as well. You just have to skim through all those bad ICO. |
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I do this as well, but only when majority of the market is red. It means everything is down for a reason, most of the time due to FUD, and should bounce back. But if it is just one coin that is down, I don't buy. I made quiet a few dollars taking advantage of the market when it was down last month. Now,everything is recovering back and the next question is, when to sell?
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Is there any chance that Ethereum will cost as much as Bitcoin in 2018?
I doubt it will happen. We have to commend Ethereum though, it have tripled its price in a short period of time. Maybe it can tripple the current price again until the end of the year, but I think the is the most it can get. Alt-coin is still heavily affected by the price of bitcoin. When bitcoin is down, so is the alts. So it is hard to think that ethereum will surpass bitcoin, at least not this year. |
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As early as possible so that you can take advantage of the bonuses and other perks that they give to early supporters. It gives you a lot of advantages and profit when it comes out to exchanges. This is given that you have chosen carefully the ICO you are supporting. If you do not have the capacity to study o scrutinize an ICO,it is better to wait for the project to develop and then invest.
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It is just a good trader getting the market right. It is not coincidence.
For others, a bear trend means loss and fear. But to some,it is opportunity. That is what this guy saw when all the newbies are panicking and dumping their coins. I bet, this one is one of the whales spreading fud. I say, well played.
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You can't simply tell whether a certain coin will ever be as successful as bitcoin. I missed some, but I also got to ride on some. I simply put some on every potential coin there is and hope it will boom someday.
But most of my money goes to bitcoin, even at current price. I might have missed the first trip, but there are many more trips for bitcoin, you just got to get in one of those.
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I heard that during that last dip of bitcoin ( 7k$ ) and other alts, many bitcoin investor lost so much because of panic selling thinking that they should cut their losses. Some wants to start over again with the money they got but I heard that some became really depressed and are now emotionally unstable. ( Not all ).
Any suggestion/good tips for them? Also, what we should do to handle these kinds of situations?
I am not currently an investor but I am looking to put some amount for bitcoin and hold it.
As you get experience in cryptocurrency and specially with the volatility of bitcoin, you will have some tolerance when the price drops. You won't get depressed or panic easily when you see the price drops 20, 40 percent. Most of those who got depressed are newbies who entered bitcoin at its peak. You can't blame them, they got caught in the hype. They can start over again, there are lots of opportunity to earn in bitcoin and you can always earn back your loss. |
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Do you predict crypto to get to new highs or the opposite ?
I speculate a sharp decline on Cryptocurrency specially Bitcoin this year.
Call it a inner feeling.
One thing is for sure, it is an exciting year for cryptocurrency. For all the developments happening to bitcoin and some acceptance from countries. You can say that some bans and regulation from some country can set this back but there are also lots of countries starting to recognize bitcoin and cryptocurrencies. |
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They probably are selling some for their upkeep. I believe they can trade as well and just sell the profits, keeping their initial investment intact.
I believe they won't be offloading majority of their coins for that will greatly affect the market and counter productive from what they are trying to achieve.
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It is better because there is no KYC and you can withdraw all your money without limit. But the volume is way lower than centralized exchanges so it is hard to make trades.
Etherdelta have decent volume but it is just too risky to trade there anymore. If there is a DEX that have a decent volume, that would be my first choice.
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Uh oh Chinese new year is 1 day away and people are cashing out and bitcoin will be falling again starting today.
The opposite is actually happening. The price has risen almost 8% since yesterday. I believe the Chinese New Year drop was over a week ago and started recovering since then. Which is actually reasonable because you would not withdraw money for the event a day before the event. I hope this recovery continues until we reach a new ath. |
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I have investments on both, but I choose them very wisely and diligently. I invest on safer coins like bitcoins and eth for long term profit. I have put some money on startup or ICO for easy x5 or more in a short period of time. But you really have to diligently filter which ones to invest so you won't lose money or at least lessen the risk.
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Hi guys,
Anyone face any issues with etherdelta ? Still safe to trade using etherdelta ? Why the volume are zero? And my Blockfolio no updates at all. Or etherdelta doing some upgrades?
Stopped using etherdelta since the hacking incident. I still look at it to compare price but I do not log my accounts anymore. Last time I checked the twitter feeds only show one tweet, which was really weird. That confirmed that I should avoid it altogether. It is a pain to wait for erc20 tokens to get listed in exchange but that is a safer option. |
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I really like playing a mobile legends, but I never do gambling in the play mobile legends.
Because I don’t like gambling and I also not good at gambling, and I think gambling that is not was good for ourselves and to the habit of us
I also do the same thing. I think mobile legend is an entertainment only, never thought to do gambling with mobile legend. I every day ordain at least 4 hours to play the game. For me, fun is important and money is not what I want from mobile legends. A player Mobile legend played very spirit and I was one of them. it has gambling but very low bets, just adding some spice to the game. It is more enjoyable that way, and you get to play tough players too. You get to hone your skills. Players, when there is money involved no matter how small, gets really serious in winning. Its just beter than just playing rank mode. You should try, anyway the bets are small and negotiable. |
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