in my opinion, amount if cryptocurrency has direct effect to main cryptocurrency price such as bitcoin and ethereum.shit project that have unclear roadmap is risky selling out their eth or balance that collected from ico.so this is one of reason that could make bitcoin and ethereum goes down.
I don't think so. People are becoming a bit more intelligent right now in choosing which coin is shit or not. Simple research would teach you how to generally distinguish one from the other. So I don't think these shitties will have an effect on the value of major coins like btc and eth. This just gives people more options but with double the effort. |
|
|
|
that both thing are really good to investment, neither for right now or for the future too, keeping in investment with an education can make something usefull for a future jobs or something usefull thing
I agree that both investment are good for your future but if i will to choose one id say ill first go with investing with education because education is verry important and should always be priotize but if you are not fortunate to have a wealthy life or lets say say you came from a poor family and you cant prioritize your education like going to college , then i think it is a good idea to invest first in crypto in order to possibly grow your money. Well it should be pretty obvious which should come first between these two. The importance of education should never be undermined and even though an investment in crypto is likely a good future plan, you'll have a lot more options and opportunities if you've invested in education first |
|
|
|
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?
I will look for additional work so I get additional income. my main income I will use to repay the debt and additional income I use to meet daily needs. ideally the portion of paying debt is 30% of our salary. but if our debt is too much then the solution is to seek additional income for debt quickly paid off. Right. But first i'd have to talk to whoever i'm indebted to and ensure them that I will do everything to pay off. It's not just the money but the trust that's important. There would have to adjustments with how I manage my expenses to leave an amount for debt payments |
|
|
|
kinda strange when investing in a volitile market. you can spend 10,000 $ into the market in january and come out less. than what a person invested in april with 10,000 $.
I think you are true. In investment you really need not the biggest capital but in proper timing. The hold strategy will help us a lot and most of all the buy low and sell high strategy will make the best profit. to define best timing is difficult enough.it need technical analisys and only profesional trader can do this.but right now much profesional trader shares their analisys to give another people suggestion. Yeah with a market as volatile as bitcoin, one can only speculate when would be the best time to invest. It would've been very easy for us to get rich had we known that btc would pump so hard last december and invested all we have then. I guess that's the challenge for traders and investors. I agree it's not the amount since as long as we're making profit, who would disagree right? |
|
|
|
I believe that diversification in the field of investment is a basic common sense. The high volatility of bitcoin is accompanied by high returns and high risks, and both real estate and bank bonds are low risk and stable investment. I believe it will bring more possibilities to your investment. If real estate is in crisis, maybe you can make up for losses in bitcoin, which can make your investment more flexible.
Well reducing the risk by sticking to something that has higher risk is a lot more riskier for me :p I have noto problems with having a huge bulk of my portfolio in btc, but not having any other assets to fall back on in case things go unwanted is something also to consider. Bitcoin's value is subject to speculation and it can go anywhere depending on how people think about it. |
|
|
|
I definitely think kids should be taught to be independents and do there own thing as opposed to becoming another life long worker slave. Unfortunately, schools basically train kids to be future workers, in the west anyhow.
It is best to teach children to have business mentality than be a successful employee. Yet there is no problem being an employee specially for those low profile person. Being an employee it will gain you experience and enhance your skills. You will learn how to survive everyday. Let your children explore and guide them the right path. Yeah that's how the chinese mold their kids from a very early age and let's face it, they have a very large number of successful businessmen and women. Though I don't think it's bad as well to consider have a successful career as an employee. If they love doing something that would take them on that path, then why not. Many people gain success climbing up the corporate ladder. |
|
|
|
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.  How can you say that it's temporary when this trend happenings almost the whole four months of this year Thats why lightning network must be released for the benefits of the whole cryptoworld.. But for me ,i would rather wait and see what will happen ,than expecting more but failure is what youve got Yeah from the beginning of the year until now the price is not too much experience recover, more often a weakening than the price increase, I had thought that the price will recover some time ago when the price had almost touched $10k, but then back down, I think need certain things that make the market is bustling again and make no doubt in the market.. Well I think it's only the people's perspective that makes it look like going down. We're basing it from a value that was too good to be true last december. Of course thr value would be way down. But look at it from a long term perspective. We're actually up from the same time last year. Things aren't that bad people. |
|
|
|
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
just invest your extra money, do not use your funds for emergency, those kind of savings are intended for emergency only, we all know that investing in crypto is highly volatile and risky, it is recommended to invest only the amount you can afford to loose and definitely emergency funds are not included. investing in long term is different than saving money to sleep until such time you will need it, be wise. I will try to buy my 20% savings money into dump coins and sell when the price go high.I want to take risk maybe i could gain profit and make my savings grow even a single centavo. Well there's a reason why it's called emergency fund though. If you're left without much option, it's something you can dig into. Basically for emergency purposes. You can't do that if it's under time deposit in a bank. Or if it's undervalued because of a volatile investment. Personally i'd rather maintain a certain amount as savings by itself. |
|
|
|
I think it is just a part of being aware in crypto system that there are a lot of scams in this place. We can't blame the people for it is partly but not totally right because not everything or everyone is scammers. Maybe its a matter of injecting mindset and form it a beliefs.
That is right, we should have awareness with what we are doing and that includes cryptocurrency, we should be able to learn first what kind of industry and the advantage of it before accusing it, but most of us does not want to explore instead the don't believe the true purpose why bitcoin existing. Well it's not a bad thing to be really cautious at all times with all the bogus and scams all over crypto right now. People would really take precaution if they think of the worst for every situation. Though I don't think it's healthy as well. Just keep yourself thoroughly educated with whatever you're planning on dealing with |
|
|
|
Well everyone's been telling you to diversify your portfolio so that you don't get dumped when one doesn't work out. A lot of alts have very good potentials not just bitcoin. It definitely isn't recommended same way as to keep your investments solely on crypto. |
|
|
|
Pressure is on Cavaliers now that Kevin Love is still out for Game 7. They cant rely only on LeBron James. Even known sports analyst is in favor of Boston Celtics to win over Cavaliers because of the absence of Kevin Love. Meanwhile, Boston Celtics is hungry for a title, their last taste of Championship was 10 years ago against Los Angeles Lakers. One is hungry for a title and one is hungry for a possible rematch with GSW.
Every team has their own hunger and right now, and as I am posting this right now, both of the teams are now having a warm up. pick your teams now since these will be the last game of the eastern conference finals. Some experts say that Boston Celtics has the chance of winning these finals since Boston has no loss in their home court and the absence of Kevin Love. It has definitely a significant loss knowing that Kevin Love would be out in game 7. He plays a vital role, all of them has and probably the hunger for a title by the Boston would overcome the Cavaliers hunger for a rematch. We will see what will happen currently, knowing that they are facing each other now. It is final. Cleveland Cavaliers will the finalist of Eastern defeating Boston Celtics 79-87. Tatum played exceptionally and I thought they can win the game but I don't see why even Rozier is having a hard time making his 3 point shots? It is just like they are having a bad day. Well, Congratulations to Cleveland and now they are sitting who will be the winner at Western Conference. Tomorrow is game 7 in Western, Finals will be on Thursday. Well, Cavs also had a hard time making 3's even it wasnt a contested shot it just that Boston fucked up in the last quarter big time. I wouldn't say they fucked up real hard, but James was his usual self. Involving his team and know when to take over the game. He is really one of the greatest in this era and there's no question about it. About the Celtics though, its a good season for them. So imagine if Kyrie will be back next year, I'm sure that they will be a team to reckon with. Congrats to Cavs for another LeBron lead milestone. Down 0-2 and then coming back to win Game 7 at the road. This simply means that the Ball is round always, we wont able to make a conclusion even if a team do hit up already straight 3 wins against other teams. Circumstances or possibilities of comeback can really happen. Congrats to Cavs and made it once again in the finals, i was amazed how Lebron perform well on Game 7 and make another record. Who will be the team on the West will be the one to face Cavs. Well I think it was settled after game 6. The celtics are pretty young at this stage with rookies heading their wondrous run this season. Heading into a game 7 after a loss and against a determinded and experienced Lebron riding on momentum is hard task to accomplish. Nothing to be ashamed of with 2 of its top guys sidelined. Boston would be a very scary team and we've probably seen the future of the easter conference right here. |
|
|
|
I haven't noticed much of a change for the better. Only see that the rate does not recover to the point where it was worth 19000. I think I don't see anything good yet.
It seems to me, nothing new is happening. As usual, the coins prices are swinging. If today they are green, tomorrow they can turn red. Of course, I wish to see how the cryptocurrency is constantly growing. Here's a different question - Have we seen the bottom of the market? The market is a little bit stable and the stable price lie between 8k dollar and 9k dollar. Sometimes the price becomes 8.5k dollar and sometimes 9.5k dollar but the situations change rapidly with sudden increase or decrease in the demand. This market is favorable for investment as the price is not stable so high but stable fewer than 10k dollar and I find this opportunity and refer it to others to invest here and wait for the high market. Well if you're going to refer it to someone who've been aware of btc since last year, i don't think they'll be positive about it because of the drastic drop it made. As for the bottom, i'm not sure if we've seen it already but hopefully we did last february :p |
|
|
|
Patience in trading for me is important in the cryptocurrency market. be patient when market conditions fluctuate and wait for the market to rise again. This is what I do when I trade for profit.
Not only in trading, we also need patience in all aspect in our life, for me having the knowledge and confident should always be in our side besides patience because we don't need to be patient in a certain coin if we already found out that it is not profitable anymore and there is no more event in that coin. Patience, self-confidence and a positive attitude - this is the most important thing for trading cryptocurrencies. If this is all there, then knowledge is easy to find. Of course. Since you won't always end up with positive results, not having these traits will eventually spell disaster for your trades and investments. Patience comes with having a positive attitude whether you get a good trade or not and that scenario will always present itself to you when you're in crypto |
|
|
|
depending on which coin you hold for the long term, if it's bitcoin or eth it might be good.
but if you hold altcoin without a project in the future it can be ascertained that the coin will die / drop drastically.
Yeah for btc and the top alts in the market, it's not just worth holding long term, i think it's the best option. And i don't think i'd buy any coin or ico that doesn't show a clear roadmap and project. That's worse than gambling if you do that. |
|
|
|
Thanks for this information, the month of June is already here with us so I will hold the ones that i have and look for a way to buy the ones that i do not have and then hold till when the rally goes down.
I doubt it because there are issues that not favor the market like the total banning of Crypto currencies advertisement by Facebook, Twitter and Google which will fully effect on June too. In addtion, Bill Gates and Warren Buffett are now Bitcoin critics but fortunately JP Morgan change his mind. Anyway, This hot news about June bullish is better than spreading more FUD while our current market performance is still in difficult. Lol. I've been in crypto long enough to know that these predictions aren't as certain as how they seem to be :p there's been a lot like this in the past few months and here we are still unable to break even the 10k mark. June would likely see a positive movement but hoping for the moon for these coins is simply folly. |
|
|
|
The value of bitcoin today drops. So i think th9s is not the best time to sell your bitcoin. But if you really in need of fiat money. There is no right or wrong timing. You can sell it anytime.
Lol. It's one of the worst times to sell when we're in a downwards moving market. It's such a waste since we should all know by now that btc would likely recover in time. This is one of the most common mistakes a lot of newbies make. Buy low sell high. |
|
|
|
Even when the market is down, the price variation is happening in large scale. So, one can make use of the difference to make a profit. From my understanding whether the price is low or high, always there is opportunity to earn and it is our responsibility to make ourselves involved and get the best.
Well that would require a lot of time in front of the charts to monitor the market to figure out the right timing for both getting in and getting out of a trade. Some people aren't too good in those situations because that can lead them to panic. If you can't handle thr moment, stay out of it i'd say |
|
|
|
1. First one was 6th February. (BTC around $5800 and market cap around 280b)
2.Second one was around April first week. (BTC around $6500 andmarket cap around 255b)
3. Third one "now". I think this is another opportunity who missed last two. I think we can see the price around ($6800 to $7100, just my opinion)
Good news that, we are making lower high each of these stages. One day chart shows we do not have much momentum to deep much lower.
I'd say the entire 2018 up to now has been a good buying opportunity. A lot of times btc dived to good low points this year and many are just too busy whining about the bear market to see that we've been given opprtunities after opportunities to buy in and add up to our bitcoins. |
|
|
|
It's possible to trade without capital, you can join in airdrop or the bounty program
too many of the bounty campaign here you can participation to get earn coin from your the task.
Well i don't think the amount you'll get from airdrops and bounties would accumulate enough coins to have a decent trade. Or if it does, it would probably take a lot of time before you get to a decent position. It would take extremely high amount.of patience if you're considering trading without capital |
|
|
|
In my counsel there are so many people around become successful in trading.if you increment your business I notion you should be get education how to make profit accompanying.you have to invest your coin first to study and learn the elementary of crypto trading.
In my opinion, there is no other way of becoming a successful trader other than that of the focusing on improving your skills and that you need to keep on learning as much as you can and that you must be sure that you never stop learning different things as this will then help you in having much better idea of playing smartly in the ground which will then help you in increasing your earning. Well it's a prerequisite to know first what you're dealing with before you get in. Might as well be a gambler if you have no idea about what you're doing. Education comes with a lot of thing including experience. Losses, missed trades, all these can help you become what you'd want to be. |
|
|
|
|
Show Posts
