Yes I truly believe in cryptocurrency. We all know that the basic aim of everyone for participating in any investment market is to earn profits and there is nothing wrong in that. But a person should have some realistic goals. You can invest in something blindly and then expect your money to be doubled in a week. You should research and study properly and take every decision wisely.
Only this year, I saw every investor will experience huge losses, just imagine for every investor who buys bitcoin in early January and he still hodl their bitcoin until now, the loss they will get is around 239%. There is nothing wrong for someone who chooses investment in bitcoin, only wrong is when they try to invest in bitcoin but they don't know the risks they will face, they only know that investing in bitcoin is very promising because of knowing the surge in prices in 2017. I hope every investor can realize the biggest risk when they become bitcoin investors, so that when prices continue to decline like this they will always believe in the growth of bitcoin.
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I think we need information like this when the bitcoin price drops continuously. Black Friday has passed and you really know it well, and now cyber is it going to really happen? however, at the moment the price of bitcoin has increased a few percent and returned to $ 4000.
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When seeing various coins in cryptocurrency, all of them have their own uniqueness. Each coin team's will strive to position their coins as a place that must be in demand by every investor. I know cardano and I have an investment in it, when I started an investment in Cardano I chose a long term investment. Surely, the first reason I consider is as you have said. Hopefully that will happen and next year it must really happen.
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Get a real job now as there is no use of investing crypto now. Invest time in learning new business strategies or get a management degree.
It should be like that, for everyone who only depends his income on the cryptocurrency it is indeed very worrying. They will not even be able to get a profit at all, the main focus is only the hodl up to an undetermined time. Looking for a job might be a solution when in this condition, I think every company that has job vacancies for accounting or management positions they will take into account everyone who knows cryptocurrency.
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The difference in market capitalization of Ripple and Ethereum is only a little, but I am not sure if ETH need a short term to occupy the second position and overtake Ripple. Investors are a lot compared to Ripple investors, but in recent months Ripple's development in the cryptocurrency market has been very impressive, attracting new investors to invest in Ripple. Might needs a long term for ETH to occupy the second position in the cryptocurrency market, that is also if the cryptocurrency market recover.
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Indeed, many investors make news as a benchmark for selling and buying bitcoin or altcoin. They have the notion that news is one of the biggest factors that change price movements. As for recognizing and distinguishing the right news and false news that depends on each person, there is someone who receives a message every time they will ascertain the truth of the news and there are those who receive a message so they will decide to sell or buy without convincing the truth the news. Me myself to look for information about cryptocurrency I only focused on searching in cointelegraph, I guess cointelegraph is a neutral media and far from making fake news.
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Hardfork is the end of Bitcoin Cash ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . I think very soon nobody will trade or use Bitcoin Cash anymore, for now all investors and traders only focus on 2 new cryptocurrencies Bitcoin Cash SV and Bitcoin Cash ABC only. Seem like if this situation keep happening, it'll be really the end for Bitcoin Cash. I don't think so, seeing the recent bitcoin cash movement on CMC, the price of BCH is back to normal like never before, which has dropped by up to 20%. And today BCH has increased up to 4%, this is pointed out there are still many investors who hope that BCH will always be there.
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for me the best thing I can do when a bitcoin dump like today is to take advantage by investing in short ways for those of us who only have small funds, but if we have large funds we can do it in the long run. can provide benefits.
If you can manage to get profit in short-term investing you can do it in your own way. However, for me to invest short term when prices continue to decline is not a good solution, I mean I have not found a way to get out and get profit from this problem. You should be able to explain in detail about your short term investment.
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There is nothing wrong with capitalism. What is wrong is human greed. Many capitalists do not do charity and have contributed to society. The poor are just machines with them. The current economic split is particularly serious. Perhaps the future of socialism is what we are looking for. Millennials are a tragic generation.
Capitalism is a person's thinking or attitude in doing everything. Greed is part of a capitalism, they don't think that helping others is good for them, their focus is only on increasing their own wealth and ignoring the situation of others. It is natural that every person has capitalism, especially in investing, because everyone has the right to decide everything depends on themselves.
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ETH is crashing down with BTC and the entire market. Hope that it stays above $100 and turns up from here but no way to be sure. Crypto market is extremely oversold after this latest big selloff so can bounce soon.
But it will take a little longer time, you can see a decrease from the price of $ 500 to the price of $ 300 in the past, there is no bounce back price. A person's confidence in cryptocurrency has begun to fade, perhaps needing information that could change the view of investors to re-believe in cryptocurrency. If that comes, it might take a few days for the ETH price to reach $ 1000.
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The price increase in 2017 may be caused by everyone who is new to cryptocurrency and then they start investing in it. And the decline in prices in 2018 is also caused by everyone who is new to cryptocurrency and they do not know the true characteristics of the cryptocurrency, so when there are sales by several investors, each new person follows the same thing to sell the assets they have. Investing in cryptocurrency is different from other places, usually everyone who will invest elsewhere they will really assess the place, but when investing in cryptocurrency they have ignored it. This is your problem, between calm and wait there's actually something you have to do.
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Honestly, I have never seen an investment place that has ended. If there is, maybe someone can equate the characteristics of the end of an investment place. This decline in bitcoin prices from month to month in 2018 provides a negative view of every investor, especially new investors. Those who have started investing since ATH in December may experience huge losses, even most of their money will run out. But I often see the opinion of people who have known and invested in cryptocurrency from a few years ago that the decline in bitcoin prices this year has happened before, and this is what makes me sure that cryptocurrency will recover.
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In the current state of cryptocurrency, I have great confidence if the government it wan't to adopt cryptocurrency as a payment system or as another function. And it may have been a contradiction for every fraud and ponzi scheme to be managed properly by someone who does not have full power. Except, there is a country that dares to help make a regulation to reduce fraud and ponzi schemes and is well managed then I bet they will be able to handle it. The decentralization system is very complex, it can only be overcome by regulations that cover only a country.
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I don't agree if day traders are the main cause of bear markets or those called bounty hunters. Day traders only contribute a slight drop in prices when a bear market comes, and so with a bounty hunter they only have a few coins in their wallet, you can imagine that the pay of every bounty hunter won't be much. However, I have the presumption that if the bear market is caused by investors who have a large number of bitcoins or altcoins, maybe we can call it whales.
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bitcoin will not go bankrupt, 4k is still pretty good compared to the price of bitcoin in 2009, and bitcoin fans will not let that happen with bitcoin, you better learn to focus more on being able to read market situations so that you don't go bankrupt.
Are we in 2009 now? we are not. Everyone who spends money in 2009 to buy bitcoin will have a different amount from the current year, with $ 100 you can get a lot of bitcoin but with $ 100 and you buy bitcoin now, then you only get 0.0 BTC. This will have an impact on reducing the capital they spend at the beginning of the investment, except for everyone who invests in bitcoin now they all buy bitcoin in 2009 so that there will be no problem every investor still has a large profit.
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The crypto market is on a rapid downward spiral and almost all coins including so called good coins are down in prices. Is there any chances the market will recover? In my opinion, it takes the end of the year 2018 to recover the market. What are your views?
Every price decline will always be a problem, whether it's from regulation or from cryptocurrency itself. This price decline was due to the existence of a BCH fork that has provided several arguments from each investor. That talking about market recover is likely to occur in 2019, some time ago I read an article stating that Bakkt will be released in early 2019, all we know at first Bakkt will be released at the end of 2018 but that doesn't happen. I am of the opinion that one of the things that will make market recover is Bakkt, which will give each investor freshness.
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I will try to keep waiting, if I make a decision at this time to sell the bitcoin that I have then I will suffer losses. So I tried to take the risk of trying to wait for the situation to be much better. Things like this certainly cannot happen, I try to hope while always seeing the situation at any time.
Hopefully there will be a good change and I can still make a profit.
There is nothing to do, especially for everyone who has made a long term investment strategy, so in a situation like this they have to do it keep hold. Selling is the worst solution even though we don't know the price of bitcoin will decrease more than now or back up at the previous price. Maybe thinking about such things is the best way compared to taking a decision without a theory, so as to indulge in all negative things about cryptocurrency.
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I believe bitcoin and cryptocurrencies market is making corrections and in future it might bance back to the bullish trend we are used to. In my mind I never thing that bitcoin is going to go down to this level and it has happened. I believe that in some years to come we would have the kind of movement we have last year.
of course in the future it will return to glory in 2017, but no one knows for sure when it will come. only those who are loyal and trusting, who will later get good results, may become the richest people in their village It's a little hard to convince something that hasn't happened yet, moreover when the price of bitcoin continues to decline as it is now, I'm sure there will always be people who doubt the bright predictions of bitcoin. Indeed, in 2017 the price of bitcoin gave a very drastic price increase, just imagine at the beginning of the year the price of bitcoin only had a price of $ 900 and at the end of 2017 the price of bitcoin reached the price of $ 20,000 that was a fantastic thing I have ever seen. However, supply and demand are benchmarks of the rise and fall of bitcoin prices and the reason for every user selling and buying bitcoin will always be different every year.
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Maybe I should have been at a price decline that reached 94% in 2011 and also a price reduction of 87% in 2013, to ensure that the bitcoin would be fine. For beginner investors, the decline in the price of $ 20,000 up to now $ 4400 will have a slightly negative view of bitcoin, much of the lust that says that bitcoin will end, that's what every day always thought about. Hopefully I find something that ensures that I continue to be patient and keep hold like someone who has experience in this matter.
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hi all iam new here and new in bitcoin world iam an old in my family my father us past way and hope to get successful i need to learn and be good to get money please help me and give me more advice to stand on my foot and help my family and built my future i hope to find good people to advice me and help me too God bless All
A lot of people here don’t get he’s saying, He means that he needs financial help. To the op: to be sincere I don’t think anyone here is going to send money to a stranger they don’t know, no one even knows if it’s scam or not. I will advise you to get a job in your country and work hard to earn money for feeding your family instead of wasting time in cryptocurrency. But if later you happen to come up with enough money then you can choose to invest it in cryptocurrency and be making extra income from it. That’s the best thing you can do now. But if you keep searching for who will send you free money I don’t think anyone here is ready to do that, so try to be creative. I think that's a good suggestion, one with it. I do not dismiss cryptocurrency as a place to earn money because it has been proven that many people get wealth in cryptocurrency, especially everyone who came in early 2010. But all you have to know is not instant profit in cryptocurrency that you think, they passed many processes and become loyal holders. Then, if the OP sees the cryptocurrency price movement this year is indeed a little worrying, a continuous decline, fraud that has spread and several wallets that have been hacked. Surely OP must think about this to make cryptocurrency its source of income.
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