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I think you know how coins value works its hard to get income for day trading, i considered the short trading once you see an income just sell the coin you have but you cant see coins will give high increase of value everyday only few coins did that but if you are lucky enough you can earn profit in day trading but not that huge income.
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I think the big reason that I see why the price still falling its because of continues panic selling after the twice rejection of Bitcoin ETF and remember the price was increased from $6k value to $8 it's because of the bitcoin ETF and now, to those who invested on bitcoin when the price at the $8k value are starting to cut their losses before the price fall back to $6k this is why the price still fall.
The other reason I think is the price correction according to the news but I don't really think this is the main reason but for me the real reason behind the price drop is bitcoin ETF rejection.
Agree that panic sellers help to increase the dropping percentage of the value of bitcoin only few people are helping to increase the demand that is why we experiencing the falling of bitcoin value again. Hoping that panic people will learn how to be patience specially for those investors who are having small amount of bitcoin hold learn how to wait to earn not to loss. |
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If you are willing to invest why not but you should be wise choosing an altcoin to buy and spread it to multiple coin to avoid trouble once market will dropping you have a choices which coin you pull out or to hold. I suggest not to focus on less know coin it is too risky.
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now good time to buy, ethereum costs about 400 dollars, this is a very good price.
I made a purchase yesterday and advise you
That is good to buy ethereum because that coin is good to hold for long period of time but much better if you have separate investment to used for trading purposes to maximize your earning if you got lucky, me i do love to trade i do buy multiple altcoin to have many option to sell or buy when the value goes down and up. |
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Depending on the price, you must either buy it or sell and gain profits.
Trading is only buy and selling but you need to analyse everything, the bar chart of the value of bitcoin or other coin you need to be careful buying because for now its hard to predict when the coin will increase or getting to drop. Then in trading you do not need to put all your money at one coin. |
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This forum is enough to find an answer to all your question that is why there are people who want to find other forum with less information about crypto world. Used the search button to easy finding what you want to rwad dont mind the crowded topics here to less the complication for you.
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It will base on the luck of every player, there is no need to be hardworking in gambling it will result to addiction and it will not give you good effect, i think we should need to avoid gambling if you want to secure your money, much better to invest or be hard working in trading those method could gives you good profit.
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Bitcoin itself is safe, i think not safe is the wallet we are using specially if it is online wallet we do not have any control we only have is key which if the owner want to run bring all the balance in our wallet they can. That is why its not advisable to put huge money in online wallet much better to download hardware wallet to make sure you are the one who can open that wallet.
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Continuous using bitcoin then it wont be wasted. Specially bitcoin now treated as global currency because there are lots of people in different country are using this digital currency and this also part of business by somebody which everyday has a transaction which may help the progress of bitcoin will be better and it wont crash even there is dumping of value still bitcoin is still stronger.
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Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?
It wont be main currency but it can be treat as global currency since we can used it any where we want, i think in the future those country who do not support crypto currency they will study to adopt it because it has a big benefits to many people specially for those person who are exposed in digital or computer. |
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At the current value of bitcoin i do not think there are people who sell their bitcoin we see the fluctuation of bitcoin is like an insane it too quick to dump and pump hoping that all investors will continue to hold to continuous increasing a demand of bitcoin. Much better to wait for the right time to sell your bitcoin for better income
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Stop playing gambling to make your life away in stress because if you experience losses that is what you feel and do not even waste your time if you lose money. Money is always there but your life is only one that is why enjoy it make more better things just choose the things will helps you grow and makes you happy. Dont engage again in gambling.
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Trading is very easy because you only need is buy at low price and sell at the highest price of bitcoin or other coin but its hard to predict when the value will pump or dump also we need to learn to manage our emotion specially when the value of coins are dumping.
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Mate be careful on this because there are lots of low supply of coin but still there is no development happens your investment would be in danger that is why make sure that the management or the team of ico always do good advertisement or make a step to make their coin more popular to compete in the market
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There is no concrete answer in this situation but i am always think positive that market value of coins will brings profit to all of us, of course i dont want to be greedy even there are lots of coins at the lower price right now i just stick on few coin to make my money safe. I advise to keep on holding bitcoin it will passed the previous highest value last year.
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At this point there are lots of reply, recommendation and advise which should be considered before to invest in ICO in addition for that is dont be to greedy investing and you do not put your egg in one basket. Make sure you always review the persons/team behind the project to lessen the risk of your investments.
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Playing in gambling is fun at first specially if you always win but in the long run it will no longer fun because you will turn to be addict and you always want to play like what i am experience before when i am engage in gambling for more than 6 months. Gambling brings bad things for me and to my family because i lose lots of money and my wife always angry due to i have not enough time for them that moment that is why to other gambler just manage your time well for better.
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Your experience was give good lesson specially for those people who are greedy to earn lotsbof money in an easy way like ponzi. Hope you will listen to the advise of you friends now that you should divided your capital in multiple investment to make sure not all your money get in trouble also follow the other recommendation that you may try trading and my advise is do not borrow money to invest.
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agree with you bitcoin will never die because many countries already accept bitcoin and company also accept bitcoin so will never die bitcoin
In addition, not only in adoption but the people who used bitcoin is continuous increasing it may helps to keep crypto currency alive and kicking. Bitcoin will never die because this is created to help many people to make our life much better than before without bitcoin i think also that in the future those country who banned bitcoin will reverse their decision to adopt it to help their countrymen |
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Well if i can save bitcoin before this year end and the value will rise like what happen last year i think i will sell 50% of it and hold the other 50%, i will save my capital and the profit will roll over and will be the capital for trading or other method that can earn additional income.
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