No offense, but I think holding coins at this bear market doesn't any sense. Why is everyone becoming the crypto holder? From the Legendary to a newbie, most of the people suggest to hold, But why? Yes, I know holding coin may give a bug rewards in future because I was a holder too. I had 15K USD, and my all of USD becomes less than 4K USD in front of my eyes. I just keep checking my wallet and every time my feelings were the same " sucks". Are you holding to be a millionaire like some people who bought bitcoin at 5 USD or less price and sold in more than 10K USD?
I did not hold for lose my capital. Did you? Then why you still holding and losing your money. Please kindly learn to trade. By trading your coins, in this bear market, you can make a lot of money within a few days to months.
I sold my all coins in the last month when bitcoin huts 8400 USD, and then I keep continue trading. In this one month, I made more than 2200 USD Profits. Now I had all of past holding coins with extra 2200 USD Profit.
If you can't trade or if you totally newbie here, then you may keep holding. But at least I suggest learning how to trade. This is my personal opinion. You may follow it or not. Best of luck.
Thank You.
On my personal experienced even up to now, I hold coins most of it came from the bounty campaign which I received after their ico project was finished. Then, I only buy alts once I know the potential altcoins got dumped its value like Neo, Eth and Cardano then I hold. Because for believing that it will bounce again though I don't know when will it gonna be increase again, and this maybe the other holders reason why they still keep it in a long term. |
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If Bitcoin is king of cryprocurrency, then Ethereum is the king of all ICOs ,do you agree? Stella,neo and no other blockchain has hosted ICO than other than Ethereum.
That was indeed right, because most of the new coin project in this field of business they choose to use erc20 platform to create a utility token to promote their project campaign here even the cost was too expensive compare into other platform like Nem, Stellar and Waves and Neo. |
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Hello, I am newbie in trading. I start trading for make some profit
Would it be possible to make 10% of your capital every day?
This would be 300% in a month, this is a lot.
It really comes to your capital:
If I invest 200$ and 10% of 200 would be come 20$ daily and one month come 600$
...
If I trying hard daily profit 10% huge profit come in one month
You're just a newbie and do you think to achieve 10% daily profit in the exchange platform will going to be easy for you as a novice here. I don't think you can make it. Those thoughts you have in your mind is not bad and it is a good things if this will be happen as well, but we are talking about reality in the market as being a traders. |
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I feel trading at this moment is not right and waiting is better
Doing trade in the exchange platform is always depend on you dude, whether the market is upside down. Now most of the traders at the present time now are bullish, for them to maximize their loss and risk. Which is I think it is a good idea as well, and if you know to yourself that you can't able to do day trade much better not to insist yourself to apply it in my opinion. |
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I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
Daily trading for now is not a good idea believe me on this one mate. Aside form that the market was too unpredictable, it is also most of the altcoins in the market was too aggressive in terms of declining their price value. So the better things still is if you have a coins in your storage wallet better to keep it rather than to sell it now. At least, you can avoid risk at all in the end. |
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I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.
It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.
Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.
But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.
After all it is important we make money on a regular basis apart from the long term investment isn’t it so?
If You only have Bitcoin here I guess I would agreed that it is much better to buy altcoins, why? it is because there is a high chances for you to gain big if you do that, if you will choose the right coins that has a capability to increase in the future just like Ethereum, Nem, Pundix, Ada, Utk, Neo, and waves as well. |
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STRATEGIES TO INVEST IN A BEARISH MARKET
Cryptocurrency investment is one that is known with the ability to bring massive profits and returns. If properly analysis and risks are considered, an investment will always smile on every of his investments this has been difficult for investors as the cryptocurrency market has seen more than 70% price drop since december 2017 , thus the trend this year has been bearish. Its interesting to know that profits can be made in any market trends depending on your strategies and expertise.
Now what is a Bearish market ? This is simply when the people sell their holdings such that buyers are diminished at every time. When this is repeated , the tend is called bearish. The sellers are called Bears.
Below are the Strategies to apply in a bearish Market.
1.Set Up Stop loss and Watch them closely : Stop-Loses and Targets are two of the most basic instruments that each and every cryptocurrency investor and trader needs to acquaint themselves with. Setting an order with a stop loss is fundamentally like an electrical switch which guarantees that once the price set achieves a settled low point, a deal naturally happens. This guarantees that traders and investor don't make loss or bigger loss on their holdings. Its important to follow your trades after Setting a stop loss in case you will need to make advanced decision.
2.Follow News :
It is basic for every cryptocurrency trader and investor to always follow the news especially for the sake of the cryptocurrencies they have invested in. Its good to follow steadily and closely through all social medias, Google News Alerts , RSS channels, and many more. This will help you to be updated with prices , latest development about the project and cryptocurrency community at large.
3.Understand the market trends and graph :
Traders and investors need to keenly observe and study the market trend and graph. In the past eight months, there has been slow and constant downfall with some little little uptrend in between the falls. Those that quickly observed this early would have known how to handle trade, investment and what more to expect as things unfold. So its necessary to compare past and present record to determine what might happen next and steps to take. This has proven to show high accuracy rate.
I hope this information helps everyone to be a better trader, investor and make more profits.
Thanks
Bearish market for me is not advisable for the beginners or newbies here in my opinion. Due to as we all know that Trading is not that easy to understand were even the old member here even up to now they still didn't know the proper procedure to get a profit in trading market. But if you really have an idea about in trading even your newbie you can go what you want it to do. For me is my tips of advise only. |
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I belive it was one of the triggers that caused this dump.
I though BAKKT will be done in the midst of December 2018 and now has been adjusted or extended on January 2019. however, Bakkt is could be one of the reason for what is happening now in the value of bitcoin, why it dumped into below 5k$ which is very painful or hurt to anyone who became panic because of this matter anyway. But for sure, after this bakkt bull run is next.  |
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Newbee here. Please guide me.
Which is more profitable in the long run, Crypto trading or online betting ?
If I were you, even you're still a newbie crypto trading is the good one for you to start, only invest for small capital while exploring yourself in learning here compare to online betting is much more higher risk than Crypto trading. Try also to watch tutorial in video on youtube or ask here in the forum besides many members here are accommodating to those who is asking about this things. |
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In every investment, we really need to be careful at all time because we are using our capital in the business whether in crypto or traditional business. And besides, we also have a pattern to avoid this and majority of the community here gave a lot of advise on this things in the forum.
If you are in this industry, always make a research first before going into investment.
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Friends, general trend of the market has gone down, do you think it will be jumping up to the end of the year? Is it a reason to buy it? If the growth is, will it be similarly sharp?
Friends, general trend of the market has gone down, do you think it will be jumping up to the end of the year? - Yes, we just faced the declining red market in terms of their price value whether in crypto or bitcoin. Is it a reason to buy it? If the growth is, will it be similarly sharp?- Definitely yes! let us take the chance to buy those coins that has been down in the market like Ethereum, ADA, Neo, Utk, Nem, Pundix, Loyal and Bitcoin of course then hold in a long term, due to for sure in the end it will sharply increase again. |
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Is cryptocurrency dead? As long as cryptocurrencies exist, there will always be platforms to exchange/trade crypto. If you’re referring to start-ups exchanges, they may be facing serious challenges which maybe threatening to their existence. One of the problems the cryptospace is facing is copy and paste and repetition of projects with different names, innovation and creativity is fading out in the space.
Let us compare the older cryptocurrency exchange platforms like (Coinbase, Bitfinex, Bitmex, Kraken, Gemini, Poloniex, Bittrex, Gate.io, and Huobi) to the new ones like (Bitforex, Indodax, Coinbe , Hotbit , DigiFinex). Why are the new crypto exchange platforms struggling to hit the lime light?. Binance is about a year old and has made much impact in the cryptospace, why can’t other cryptocurrency exchange start-ups follow suit?
1. Lack of funds
2. The market has already been saturated
3. No original ideas
The big exchange platforms are gaining more grounds everywhere, this making the space more competitive. Nevertheless, some start-ups are really making much sense and are impacting immensely to the blockchain and cryptocurrency space. For any startup to pave through the crowd, it's idea and technology must be very solid.
One of the start-ups to look out for is BLOCKCHAIN BOARD OF DERIVATIVES, the platform combines both centralized and decentralized features of Blockchain to stay aloof the crowd in the space. This is a all-in-one trading platform, that is going to be welcomed when it is launched.
At BBOD users control the destiny of their own funds. BBOD runs a non-custodial smart contract wallet system where all account balances are held by a decentralised smart contract on the Ethereum blockchain. Centralised entities are too often hacked, BBOD adopts hybrid approach to decentralised safety combined with a centralised trading engine ensures the security of your funds whilst maintaining blazing fast transactions speeds, thereby giving the platform an edge over other exchange start-ups.
This is not the only Crypto exchange that is making impact, there are several others who make making the revolution worthwhile, so Crypto exchanges are far from dead.
Well, its just your opinion and speculations only. I don't believe that crypto are dead, perhaps according to my insight about you was that you are not a real trader. Because the real behavior of a good traders is not what you are thinking it now, its not because when the market its in the moon we can say crypto is alive and when the market is falling down we will say crypto is dead, what kind of mindset is that which you had in your mind. Come on! this is trading what would you expect, the market here was moving not only for buying but of course for selling it too, Where is your common sense? in this situation of the market you don't understand it well. |
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Friends, the market capitalization suffers from huge losses, do you think the "Great Depression" of cryptocurrency will last for a long time? Will you do something until the end of the year, or you wait for growth the next year staying with your portfolios on hold?
Trading is too unpredictable, many of us here predicting about in bitcoin according to their perception and yet it is not precisely happening in the actual. So, since the declining period on crypto currency was almost happened in less than a year, so I think that 2018 is not the harvest time for crypto, instead we loss our coins we hold better to hold and wait for the bull run for it and be a bullish for a moment while we wait. |
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I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore. The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies. I think this is the future of banking and something that all countries should start doing. The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before. What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries? This is a great news, actually I have a fiancee who worked there and I am planning to visit here this December before Christmas. So, I think even I am here in my country I send here a bitcoin in Singapore using the exchange platform they have in there. Meaning, they also have a merchants there who is bitcoin accepted too as payment. |
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Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?
To tell you frankly, I don't have a doubt in bitcoin even the price so far was declined so much, because I do really believed that it will bounce many times at the right times. Lets see what will happen in the midst of December after forking of Bakkt and Swiss, for sure after this process will see the outcome of the downfall of the market. |
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Bitcoin is approaching 4000. Do you think the currency will be falling for a long time? What to do with the crypto portfolio? And can you expect a sharp rise like the current fall, after the new year?
So far bitcoin was 4,484$ according to coinmarketcap https://coinmarketcap.com/currencies/bitcoin/, on the situation we had it now, if you know how to do day trade you can make a profit anyhow, though there is danger when you do it. The fluctuation at the present time now was too aggressive. Aside from it if you have crypto holdings better to keep it in a long term and you want a safest things to do, well being bullish for now is a good things. |
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Pheww sigh I can't believe there is still more selling than buying at these price levels. What is going on? Are people still selling because of fear of Craig White and bchsv or has the difficulty in bitcoin dropped. Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them.
I think you don't know what you're talking about. In the first place what do you know about in trading? why did you came here anyway too? You involved yourself into crypto trading industry and now not because the market is falling you think its going down to zero, why don't you make do some research first before saying those words with a non-sense statement about in crypto. You are actually wrong that nobody buying them, you are totally WRONG! |
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I think most of the old member in this forum didn't forget to remind others here that before investing in every ico they must check, read the whitepaper, do some research first to their team behind they have, also the founder itself too. Isn't clear that this is business you are investing capital in the coins we have in this industry.
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Terrible events. The whole cryptocurrency falls down. So seriously that ETH lost its position which it took so long. What will happen next ? Now a lot of projects have completed their companies and most of them are scammers.   What should we expect? Before BCH forking cryptocurrency already fell down for a months, then until now the market became more worst due to the price value was continuing declining but it doesn't mean its terrible, this is trading world industry where most of the time happened is buy and sell, so with that what would you expect. It maybe for now XRP surpassed ETH but it is just only for awhile or temporarily but in the end Ethereum will still prevail. |
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Learning trading is not that easy to understand, and most of us here knows that things anyway. Especially day trade is too risky to do it, because you can be wreck once you didn't know properly how to use it well. Though, there's a tendency that you could earn from 1 to 3% of daily profit in here, but that's not gonna be easy to do when you are in the actual trade anyway.
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