Both coins are good for investing now. But personally, I prefer to have most of my savings in Bitcoin. A lot has been written and said about the advantages of Bitcoin over all altcoins. The most important thing is that Bitcoin has no worthy competitors.
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Of course, in order to earn you need to learn. And the more your appetite for money, the more thoroughly you need to learn. Of course, some people are lucky enough to earn money without knowledge and experience, but this is only luck and it will not be permanent. Only knowledge and experience can truly make money.
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Of course, trading is often stressful. This is normal, as we invest our money and rely on our calculations to earn money. All this process causes us a lot of emotions. But in my experience I can say one thing: if you plan the entire deal in advance, then you can avoid a lot of negative emotions. So I consider it necessary to create a plan before buying a coin and strictly follow it.
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You're right. No need to let fear take hold of our mind. Indeed, in reality, first of all, only Bitcoin has the most real chance to grow in value. In the course of its development, Bitcoin may begin to grow in any, the most unexpected direction, depending on the emergence of new uses. Bitcoin owners can be confident that over time its scope will only increase. In other words, Bitcoin has already outstripped everyone in a circle, and with a big advantage, considering its ecosystem and resources. There are two factors that help Bitcoin achieve success: stability and entrepreneurship. Today, in both of these indicators, Bitcoin is far ahead of any altcoin, and it will be very difficult to catch up with it.
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Most altcoins are technically different from bitcoins, so people invest money in them. Bitcoin can easily borrow the property of altcoins, which it finds useful. Altcoins must compete not only with Bitcoin itself, but with everyone who wants to make money on it. Bitcoin security is much higher than that of altcoins. In addition, Bitcoin is much more affordable - more exchanges, more people wanting to sell it, more software and more equipment that supports it. Bitcoin has the largest developer ecosystem with more software and implementations than altcoins.
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#Proof of Authentication
Bitcointalk username: EXtremeAEX Telegram username: @IgorVinn Signature campaign. ETH wallet address: 0xBDED8F3572B4F37D365E5B59E5a6Ba8D8118c83B ---------------------------------------------------------- RRC-20 wallet address: 0xa081B69DE2F42084653475090CfCdBfc3a5309E4
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To start trading, first we need to choose a platform, here are the platforms I use. Share with all of you Bicoin: Bithumb, Bitfinex Tether(trading TUSD or USDT): Binance, Bitmart ETH: all of above Welcome to other suggestion Why do we need to split up so many trading floors? Why do not we trade at a single exchange? I am wondering about this issue and hope you will help me. I'm a beginner to trading. thank you. For stable and profitable work in the future, any trader will need several exchanges for several reasons: 1. There are different trading pairs on different exchanges. 2. On some exchanges there is direct input of fiat (sometimes it is very important and convenient). 3. Sometimes all exchanges conduct technical work. Using several exchanges, you will be able to trade even if some of them will conduct technical work. 4. Sometimes exchanges are exposed to hacker attacks. Therefore, you need several exchanges, this will give you the opportunity to always have access to at least part of your deposit. 5. Different exchange rates. Sometimes the exchange rate of a particular currency is very different from the exchange rate on another exchange, so you can profitably sell and buy the currency back.
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There is a possibility that the price of the ether will fall even lower. But this is not a reason not to buy now. Personally, I continue to hold the ether and buy more. This is a promising coin that will definitely grow in the future.
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If I'm tired of trading, I just don't do it. I believe that a person should only do what he likes, only then there will be a good result of this work. I like working in the field of crypto currency. There are many opportunities to earn. Therefore, if I do not want to trade, then I switch my main focus to other areas, such as ICO. If this work does not inspire you, then first try not to trade and do nothing at all. At this time, take yourself for the rule of checking prices not more than once in 2-3 days or maybe you will get even longer to not watch prices. Go and have a rest. It doesn't have to be an expensive resort, you can simply go for 4-7 days out of town with friends or family and completely not think about crypto currencies. If such a respite does not help you, then most likely you need to change the scope of activity. Crypto currency is not the only way to make money.
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Just do it. Invest the amount you are willing to lose (for each person it may be different). If you are afraid to trade, then no one forces you. You can just hold top coins. This can be bitcoin and ether (for example). Now good prices for buying currencies. Let them just be in your account. In parallel, you can learn and when your knowledge will pacify your fear, start practicing on small amounts (for example, $10).
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I cant recommend something specific to you, because I studied all the information in my own language. I want to write to you that the information must be taken from different sources and in different ways. You can read books (there is not one universal book, you need to read many different ones), search for information on the Internet (but these should be different sources sites) or watch tuition in YouTube. What is very important is that you have to read and watch different authors. So you will have the opportunity to form your own, unique set of knowledge and approach to trading. If you choose only one author, then you will simply absorb his opinion and act only as this author recommends. But all people are mistaken and it is better to commit their mistakes, on them you will have the opportunity to get your own experience.
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I think that the main direction of the bitcoin price is controlled by whales. So this happens intentionally. Of course, I'm assuming that at some point in time the price may get out of control, but I'm sure it doesn't last long.
There is no doubt that the price of bitcoin is controlled by big investors which we call whales. They decide the future price of bitcoin and that why many people now do not invest their money in bitcoin. To see this market situation you will say that bitcoin is just a waste of time and money and there is no future of bitcoin. I don’t want to lose my money in such Ponzi scheme. In order not to lose money, you can choose two ways. The first is not to invest your money in a crypto currency. The second is reasonable to invest money and in time to pick them up. So I, for example, for a long time already took away all the money invested in crypto currency. All that I have now is already profit from initial investments, which is constantly increasing. So you need to think wisely about such an investment and then you will not lose your money.
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Yes, that's exactly what happens. Unfortunately, many people don't understand well the crypto currencies and the intricacies of trading in the crypto market, with the general negative mood of the market because of fear and insecurity, they simply sell all their coins in the hope of recovering at least part of the invested capital. It's sad that this is the case, but these people are not smart enough to realize that they don't have to flee out of the market, but look for opportunities to earn in any situation. But I treat this as a natural process. This is something like a natural selection.
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I think that before buying bitcoin, you need to analyze the market and understand in which particular zone the price is now. If at the moment the price is too high, then it's better to wait a little. If the price is adequate or low enough, then you need to buy. It is also very important how exactly people are going to trade. If the purchase is made for the purpose of daily trading, then there is no sense of a long wait for the price to fall. For all this time you will be able to earn much more. If buying bitcoin for long term trading, then it makes sense to wait for an acceptable price to buy. In general, when a person purchases for the first time, fear and uncertainty seize the person. It is these feelings that prevent coins from buying.
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Yes it's good time to buy Ethereum, Bitcoin and others coin. I think that in the near future we are waiting for good news. Of course, the bitcoin price has to overcome the $ 6800 mark, but further, I assume that the price will be easier to grow.
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Actually reading your message, there are thoughts that everyone already knows it. I have an understanding that I can't trust my money anyone at all. But after a little thought, I understand that there are many newcomers who can very easily believe such promises. Unfortunately, everything is so. Beginners don't know where to start and look for easy ways to make money.
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I think that the main direction of the bitcoin price is controlled by whales. So this happens intentionally. Of course, I'm assuming that at some point in time the price may get out of control, but I'm sure it doesn't last long.
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We as a whole can't trust any crypto currency or its creators. In the market, everyone is for himself. Here, everyone is trying to earn money. Therefore, you need to have the knowledge and skills to earn. Prices for crypto currencies fluctuate all the time. But this is the main meaning. Indeed, thanks to such fluctuations in prices, experienced and educated traders have the opportunity to buy cheap and sell expensive. So these price fluctuations should not so strongly influence your opinion. Much more important is the essence of the project and the place that it occupies in the crypto market. Just how much this project and its currency people need. I can tell you that the ether on these indicators is a very promising coin.
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Of course the bitcoin price will still grow and fall in the future. In the market this is the usual order of things. If you are not a daily trader, then of course I suggest only holding. This is the right decision for you.
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I think that the prices for all crypto-currencies including bitcoin are generally heavily inflated. Crypto currency is a bubble. But don't forget that bubbles are often inflated around the right things. These bubbles attract attention, they bring value to the ecosystem. This cost is recognized by IT developers and business, which begin to create a fundamental value and projects, on the basis of which a new architecture grows.
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