I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?
There are no required amount of cryptocurrency or bitcoin to get started with crypto trading, it only depends on how much you can afford. But for newbies like you, it's not preferable for you to start crypto trading without an enough knowledge about on it, because it really takes a lot of risk to those traders who lack of knowledge about it, and this only causes losses to those traders.
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Now a days we sometimes seeing the price of Bitcoin falling along with others also falling. At that time if I have Bitcoin then what should I do ? Should I sell or hold?
If you don't need your money yet and you don't want to lose the half of it, then holding is the best thing that you should do with your investment. Maintaining of your crypto investment despite its subsequent price drop could be so risky, but this is only the most effective way to recover your lost money from investing in crypto, rather than losing the half of it if you sell it now at a cheaper price.
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Do you think that the HODL approach is good bitcoin? Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it. I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
Long term holding is obviously the most effective way compared to daily trading where almost all day traders are losing half of there investment, because of the high volatility of its market that could be so difficult for them to predict what will really happen to its price. And the most victims of the market manipulation of those so called whales are mostly day trader, because of the unpredictable market of cryptocurrency, and long term holders are always safe unless if they are tempted to sell their holdings because of the manipulation of whales in the crypto market.
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There are many new Bounty/Airdrop program per day. Almost all ICO has bounty program I am quite confused what project to join? how to choose the best one? (because we can join only 1 bounty at the same time) What is your opinion?
Choosing a good bounty project really takes time, because you have to make a lot of research first about the project before to start investing, due to the possibility that an ICO might be scam. I have here a link of a thread that contains of some tips from a highly experienced member of this forum that might help you to invest in ICO's more safely, you can freely visit this thread for more information. Hope it helps you to find a good and reliable ICO project.
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We knows that the crypto currency investment can give us lot of profits even in short time but this is very new there are lot of invesments like real estate,gold,mutual funds silent partner in businesses and lot more but what you think which has highest ROI in short term other than crypto invesments.
My opinion is that real estate can be that one,since my grandfather used to be like buying and selling the lands and made tons of money in his life time but I didn't do that such kind of traditional invetment.
I agree with you mate, that real state can be the one that has highest ROI when it comes to investment, and it's obviously more safer than cryptocurrency. But the problem is, not all of us can make this kind of investment, because it really need a huge amount of money, and those rich people can only make this investment. Not just like in cryptocurrency that you don't need a huge amount of money to start investing on it, because even if you only have a small amount of money, you can already start investing on it.
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With the price of bitcoin continuously going down, do you think that altcoins could be better right now than bitcoins? I trust that bitcoin prices will still rise perhaps next year, but with the price still going down, maybe altcoins have a better chance. What do you guys think?
I don't think that altcoins are more better than bitcoin this days, we all know that altcoins are just depending on bitcoins price, including ethereum which is next to bitcoin since then. So if bitcoin price are continuously dropping, as well as altcoins will decrease its price too. But it's still a good choice to invest in altcoins this days, due to the huge price drop in the cryptocurrency market that can give a huge profit to those who invest right now when the market starts to rise again.
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Hello i am newbie here and i am newly trader can someone give some information which exchange is the best for buying altcoins ?
There are lots of crypto exchanges that you can use on crypto trading including altcoins. But for newbies like you, you should focus first on learning and gathering more knowledge about cryptocurrency and more specially in crypto trading. Because crypto trading really takes a lot of risk, specially those who lack of knowledge about it, because of the high volatility of its market that could be very difficult to anyone to predict of its price. So, before you start in crypto trading, just make sure that you'd make a lot of research first, to avoid of losing a lot of money and repent in the end.
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Do you recommend family and friends to join the market when it's crashing? We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?
If you do, explain why.
Of course I do, and I always do even the market are continuously dropping. But i only recommend bitcoin and ethereum for there first investment, because these two are the most reliable and profitable cryptos i ever know since i started, and I truly believe on the ability of these two cryptos to create a greater value in the future. But of course, I don't recommend to them to invest all of there life saving to this kind of investment, because of the uncertainty that they can really make earnings here by just investing on it.
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Hello everybody . I am newbie . I want to join good bounty but I don't have any experience. Share your experience with . How to find good bounty ? Should join the Signature Campaign or Social Media Campaign ? Help me , Please. Thank you very much .
There are still lots of good bounties here in this forum, and yes, you can participate into signature and social media campaigns on the same time, but make sure that you can manage well of your time, to avoid from removing you from the campaign that you participated. And I have here a link of a thread that might help you on choosing a good bounty project, you can freely visit this thread for more information. Hope it helps you.
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Which one would you prefer or best to earn? As far as i have come across, crypto is the best platform to have good earnings. We have many who have a good experience on it and still into it without a regular job. Many have left their main job after experiencing double income from crypto. Many have become millionaire and have changed their lifestyles. Which one would be the best to have good crypto earnings?
I must prefer to trading and participating into different campaigns, i think these two are the best choices on your list. Because, participating into different campaigns doesn't need a capital to make earnings, you just have to accomplish the required number of post, and follow all of their rules to be able to be paid weekly. And when it comes to trading, it really needs capital and some skills on trading, but if you don't have a good trading skills, you can choose long term holding, to lessen the risk.
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It's so funny to think that people who don't have knowledge about bitcoin automatically thinks that bitcoin is a scam because of the issues regarding bitcoin scamming. So yeah.
Honestly, my first impression on bitcoin is almost the same as your friends, i'm also doubtful of the ability of bitcoin and i thought it was a scam. But in my long stay in the forum, I gradually learned about the true value of cryptocurrency and specially in bitcoin. So, we can't blame other people with less knowledge about it to doubt bitcoin, because it's really doubtful in the start.
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after june my all coin price going down and down, now is lowest prices in 2018 ETH, what you think about market recover time?
I think no one can answer you with that mate, we all know how hard is to predict of the cryptocurrency market, specially bitcoin, because of the high volatility of its market value. But always remember this mate, for every drop of its market, there is always a subsequent increase in its price, you just have to wait until this time comes. Just don't lose hope on it.
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Do you think Bitcoin would really worth that much? Let us know your thoughts below.
I think it's nearly impossible for bitcoin to reach that amount with in this year, specially now that it has a very stable price which only around of $6,000 to $7,000 in the past few months until now. But despite of this, i still believe on bitcoins potential to reach that high, but not this year, but perhaps in the next few more years. No one can be sure of it if when it will happen, but i'm sure it will happen in the future.
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Nowadays there are so many ICOs SCAM, how do you decide that ICO is a SCAM? and How do you determine that ICO is good? If you can, let me know step by step how you choose a good ICO. Thanks
I am not good in choosing a good and reliable ICO, but i have here a link of a thread that contains of some tips on how to not get scammed investing to an ICO. It might help you to make a good and more safer decisions, you can freely visit this thread for more information, hope it helps you to choose a good ICO to invest in.
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which do you think should grow in the near future? I'm in the near future on the pamp crypto Greenmed (GRMD) has long been at the bottom, engaged in the sufficiency of marijuana in the united states, in principle, in some conferences in the United States had not a bad success
The majority of my holdings are in bitcoin and ethereum, so these two are the only cryptos that i am waiting to increase the price to it's newest all time high. And i'm slightly comfortable that these two cryptos will make it in the near future, because of the great potential of these cryptos to make a greater value in the future.
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A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) It's absolutely difficult to convince someone to trust immediately with cryptocurrencies, specially bitcoin. Because of those people who accused bitcoin that it's a scam, because they were not able to succeed in their investment, due to lack of knowledge about cryptos. But you can give them some hints and a few ideas on how it really works and how to not get scammed in investing into any cryptocurrencies including bitcoin, that might help them to avoid of losing a lot of money.
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Considering the present market situation, which one will be more benefiting whether Daily trading or holding cryptocurrency for long time? Please let me know.
If you don't have a good background in trading, specially in crypto trading, i should prefer you to choose long-term holding than in daily trading, and i think you already know how risky is daily trading, specially when you don't have an enough knowledge about on it. So, you should choose the best and more easier to do, like long-term holding.
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Today again some whales came back on BTC .. Does anyone have some suggestion to be alerted before this kind of manipulation ... I’m really fed up to see some big red or green candles without any reason .. I’m always in or out when it arrives ...
I think it could be so difficult to someone to predict whales manipulation, because there are no signs of there actions on when they start manipulating the market. But you can use some news sites to follow there actions, because some whales are just depending on the emerging news all over the internet.
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Hi Im thinkimg of investing about 8k$.
Please suggest a relative safe but also with big gain potencial coins. Im investing for 1-2 years, maybe longterm if crypto market and blockchain shows mainstream adoption.
What are your thougts? Which coins are good gain potencial in 1 to 2 years? How would you invest 8k$? I probably wont invest anythong more in few years than that 8k. However if i loose everything im not gonna die, i can afford to lose it.
Please suggest
Thank you
I would suggest you to invest in bitcoin and ethereum, these two types of cryptos are the most reliable and profitable among the rest, these are also my favorite crypto since i started here in this crypto world. And besides, these two are also the most recommended by almost all long-term holders here in this forum.
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