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We actually can get advantage during this negative market condition. We can do opportunity sell, my strategy will looks like hoarding too, sell coin to fiat then wait until the peak of the crash then buy coin with all your capital. Then we can get more coin than usual, for contrarian people this condition is not so bad.
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Multy wallet is not so good, I suggest you to download all wallet to your pc. If you buy ETH token then you can use myetherwallet or other which support erc20. I personally like to use single wallet because it safer and works better. There are many ICO which sell token in low price most of them use ETH platform so you can use Myetherwallet. Determining the good project is not so easy need time to read Whitepaper. It will very tiring.
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I read some news which explain that some governments are embrace bitcoin and blockchain technology. In my opinion, they can't ignore bitcoin, bitcoin provide transparency of transactions so I think if countrys fund is in form of cryptocurrency then it will make people hard to currupt it. bitcoin don't need adapt to world conditions but the world should adapt to bitcoin.
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Don't you know that most of remittance service charge upto 6% of total money transferred while you can send a million usd in form of bitcoin only with low fee and don't need military security. You only need a few click then transactions will done. You actually can set how much the transactions fees, think again dude.
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will this year be the same as last year's year after the Chinese New Year's celebration of the bitcoin price rises again and even exceeds the previous high, I expect bitcoin to rise from this decline, and we as users should be able to keep the price in the way we do not panic at seeing a price drop because this is all just a matter of time
can bitcoin rise after the turn of the new lunar year later?
Chinese new year's celebration will not affect good in bitcoin. Chinese people will spend their bitcoin during that time, may be they convert theur bitcoin into fiat to make it as give. We need goods news that spread, many countries issue negative comments about bitcoin. I hope there is a problem solver for expensive bitcoin transactions fees, because the low fee can attracts people to use bitcoin. |
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Hello guys...
I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).
Why do almost all alt coins crash because of the bitcoin crash or correction?
My portfolio is worth only 4000$ atm.
Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
Many bad news about bitcoin spread. I suggest you to convert all your cryptocurrency into bitcoin because this is the safest coin. I don't know how long the negative market condition continuing but it will recover. There are many countries that start to embrace bitcoin and blockchain technology so don't worry. |
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At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.
I am still believe that bitcoin will be used by atleast 30% of people in this world so I don't worry about the price. Bitcoin was take an attention of wall street investors, but unlucky, bitcoin liquidity is relatively low, when billionaires play in bitcoin then they can greatly influence bitcoin price. Media also has important role, I hope media stop spread negative news about bitcoin. |
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Some people will fix the problem with bitcoin fees. The discussion about bitcoin fee is still going in this forum, I read some post from legendary member who said that lowering bitcoin fee is still possible so there is no problem high price of bitcoin. We can't avoid the increasing price of bitcoin !!! . Mass adoption will cause to the increasing price of bitcoin automatically. Bitcoin price will never stable if there are a lot of traders who trade it everyday.
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It make sense, considering bitcoin price is only depending on ask and bid then people who have large capital can affect the price of bitcoin. Most of bitcoin investors are speculators trader, it makes the volatility even higher. For me as bitcoin lover, the decreasing price of bitcoin today is not really big problem, I believe that bitcoin will be the number one choice for online transaction. So hold bitcoin is always profitable.
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Read books is also good to increase our knowledge, but we also need actual information that will help us to invest in bitcoin. I personally prefer like to watch youtube video, there are a lot of cryptocurrency youtuber that share their experiences. I learn much from those people. Read books or watch video are good, increase our knowledge is a must. Thanks for the books.
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Why people invest in ICO when it is risky and these days most of the coins are dropping. Do you think ICOs are going to survive for a long time?
If the investors do not observe the ICO project then yes there is high risk. If the investors know about the project in detail then they can make good decision, whether they will invest or not. Learn the project first then if you sure that the project will be success then you can invest your money in that ICO safely. |
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I see a lot of bounty programs on the BCT, but I do not know which bounty program is good, there are many fraud programs. Can you give me advice ?
You have to consider about how much money that can you get, read the Whitepaper and roadmap, choose project which has big team. Choose project which only has four people or less. If there is many people that already join then there is big probability that the project is good. |
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When the price increase very high then the falling price will come immediately. People usually do panic selling at that time so just follow the panic selling if you still earn profit for it. Then buy the coin again in the peak of falling price.
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What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down
I always safe my profit by convert my altcoin to bitcoin, After my profit converted to bitcoin then I don't worry anymore. Most of cryptocurrency users know bitcoin, it must become a safe point in cryptocurrency investment. I don't like to safe my wealth in form of fiat because the value always decreasing. |
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Day trading is very risky if don't have any risk management and trading plan. More over trading altcoin that paired with BTC, we should analysis 2 price action, price of Bitcoin and altcoin. Beside that we should have full time to analysis both price. So my opinion if dont have any skill and enough time much better hold for long term of some coin that has strong in fundamental so the profit can be bigger.
There is no time to make analysis or observation. I think day trading is just like gambling, we need to put big capital for day trading which will give bad impacts for our psychology in trading. We better invest in ICO, or create passive income. |
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In relation to what happened with BITTREX regarding their withdrawal issue, I am now curious on what trading sites are trustable. Any recommendation? I am just a newbie in trading.
There is no guarantee that the exchanges site that you use will not turn to scam or other bad thing. I will only suggest you to use exchanges site which has big brand name. Bitfinex, poloniex and ccex is good exchanges site that I ever know. |
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I just quit my office job to have full time in crypto world. I split my time of day to work manything: doing bounty campains, researching good crypto to invest, trading 3 - 4 times per week (not day trading) and may be next time i'll learn about mining.
Anyone who has been off work like me can share your experiences?
I also work in office but I still can earn cryptocurrency. I spend much time in cryptocurrency after go home. My plan is create more passive income so I can earn passive income in cryptocurrency and salary in fiat. And keep socializing. |
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There are so many investment program existing out there and i want to here the pulse of the people where they would prefer to invest and why. so other people here may knew that they can earn in different forms and different ways in online world.
Types of investments
1. Gambling - Chances to earn big in just an hour
2. Tradings - Need proper learnings and monitoring tp avoid lose.
3. Hyips - Ponzi Scheme And risky
4. Crownfunding - earn by gh and ph.
Which do you prefered investment above do you see you can earn and why.
I think trading and crowdfunding is good. But I prefer like to do something easier like run masternode or staking coin in my wallet or posw or mining. I love passive income, for now my strategy is to grow my asset. |
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Hi everyone,
Im a newbie, i just known about Bitcoin in 1 month. I decided to spend my money that i have saved for a long time in Bitcoin. Please tell me some name of Altcoin, i want hold it until i marry.
Thanks for all response
Don't put all your fund in one coin. Don't be rush, just buy bitcoin first then learn little by little. There are many type of cryptocurrency investment, you can trading, mining, masternode, staking, invest in ICI and other thing. Buy coin which profitable for you but do research first. |
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I think you should spend 25 percent to buy bitcoin ,25percent to ethereum, 25percent to buy other cryptocurrency and 25percent to buy a very good ICO.
If suggest you to buy coin or investing in ICO which will give you extra income beside the increasing price of it. I think masternode and staking coin will be popular this year. Dash, XCPO, or DP is good enough. Do some research before you invest your money. Read the Whitepaper, roadmap, and strong team which more than 5 people. |
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