Already this has crossed $400 to the maximum, so it has got the chances of growing to the quoted value by the Op. The support provided from the team serves as a pushing force to make the value grow much high. As the thread title suggests keeping hold of it will be truly profitable.
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Being a millionaire is completely upon the luck and the investment volume. There are successful ico which can grow much high in value, but very few get lucky to invest into those ico programs and get the best profit. Also while investing into ICO its good to invest when it is in the pre ico stage for bigger profiting.
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I don't think each and every news paper has given importance making it the major headline. In recent days each and every paper has got at least a small article or some news regarding bitcoin during the ransomware attack that has been a big issue all around the world. Finally an anonymous person resolved the bug in a very simple manner.
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Ethereum is not really a bubble. If this is an bubble the price could have gone down with the same momentum with which grew up from the value around $10 to $330. Now this looks good with good power to push forward and shows positive signs of price increase which none could have expected. Expect a big change with ETH by the falling year starting itself.
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If such price fall happens, surely more new investors can been seen into the community. Even by that time the price won't fall directly low to 20%, maybe some fluctuations happen with consecutive price increase and decrease. Also those will be highly used as an opportunity by the traders to make good profit.
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I think it is possible if you know the flow of the market but there is still a risk of losing your money.
No one knows the flow of market because if anyone knows the flow of market then no need to wait for monthly income instead can make a good money at one shot then stop worrying monthly. It is very hard to predict income from trading. Even experts also can't give you any guaranty of earnings. Trading is very unpredictable and should be careful before investing more money in it. The market flow is entirely uncertain and one cannot make predictions with cent percent accuracy. Very few gets lucky to make trade that takes place same as the way one predicts. So, fixed income is hard to be earned but has got chances of making an stable earning with the active involvement of the users.
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I don't think such a threat has been found against bitconnect. If that's true, already the particular digital asset would have fallen in value due to the investors leaving the assets or else could have got it termed under the scam list. The growth continues to take place if we go through the growth chart. The registrar might be in a compulsion to prove, but it doesn't lead to a shut down.
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both is profitable, it depends whether you have time to do daily trading and you must have a good skill in seeing the chart movement if you want to do daily trading or buy coin from the dip and hold for long term
For day traders, they have limit on how much they want to earn like a percentage. And as a busy person I don't avail to do day trading but if I have so many spare time, I would love to do that so but for now I'm focusing with my career on my real job and just hold. Most of day traders now are into hypes and making decent profit if they rode the right project and gets in at the right time. Day trading gives profit regularly upon the study we do about the market of different assets as well upon the predictions about the assets market value. While holding we cannot expect the same to take place, we can get profits at certain time interval when price seems growing. So, its up to the users self interest whether to pick day trading or holding. I've been into trading, but not day trading.
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Every altcoin can make you rich. The most important thing to keep it for at least a year or two
No way there is hundred of shitcoins in the market if you invest in those coins you will not make any profit. But there are some altcoins can grow very fast, and they may make you rich in future. You can better concentrate on only top 20 coins. My choice is ETH and waves. While coming across similar threads that were related to the investment in altcoins, most of the users suggestion were the Eth and waves. I too have the belief in this based on the stabilized growth taking place with these altcoins without much aggressive move. Cryptocurrency analysts too have put forth statements that by the coming year can see lots of altcoins flourishing high in the market along with bitcoin.
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Hope the low price point of bitcoin has been reached and the same won't happen anymore within the end of the year. Maybe the price keeps dropping and soon it'll increase, but the same won't go low to $6000 as the recent one. It's good to buy little by little, rather than waiting to experience a drop in value.
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there may be various factors that cause the government to ban bitcoin and among them bitcoin system decentralization that can't be controlled by them so that it certainly raises suspicions of money laundering as well as the tax regulation on bitcoin so far not many of the countries that already have tax rules on bitcoins.
As the user mentioned, there might be various reasons as governments need to focus on various issues associated with it. Decentralized functioning might be the major reason, because if government has the control it'll try to implement and enhance it in a systematic manner to profit the government not the user. Now this is perfectly functioning benefiting the users even though it is on an open source platform.
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Bitcoin is all about trust. Just go for it, if you have trust over bitcoin unlike the price of the bitcoin. You might feel worried if the price starts to decline after you make a buying. In reality one should have the patience to keep hold of the bitcoin and sell at the right time. The recent price increase after going low to $6000 is the proof.
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Ive been wrong that i withdraw all my earnings on trading .. i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts.. hmm .. too bad for me now bitcoins is still aiming high ..
I think both are the key to become a successful trader. Some people are so impatient that they sell what they have for a fair price without thinking about their earnings. Traders need to learn how to hold on, so that they would earn more. I think yes both play an important role in trading. If a person have good patient, he can hold bitcoin for a good time. I think through this way we have the ability to hold bitcoin for a long time. In fact long term investment is more profitable as compare to short term investment but for long term investment we need to have good patient so as we can easily hold it for a long time. Yes, those are must qualities for an user who has the plans of profiting through bitcoin. When one has the patience, automatically the user has the mentality to keep hold of bitcoins. This can be to to profit or can to experience the growth happening with relation to time. More the patience, more will be the opportunity to profit big. In the mean looking the fluctuations should not let the mind get into panic.
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Already several banks have stepped into blockchain. It's true that the blockchain technology will not let the community grow or profit big from the transaction fee. In reality whether it is bank or some centralized system automatically we're supposed to pay what is levied. Based on that in future we might be paying in terms of bitcoin, but I never believe that banks function without transaction fee.
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The upcoming year 2018 has been expected to be the year of altcoins and in a thread it's stated that ethereum shows good price pumping as it is found almost in a stable manner throughout the year. Upon which I too have the hope that ethereum will increase high than many other altcoins that are available in the market.
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Each finds one better over the other. Here majority of the users have suggested blockfolio, I too use it. To suggest others, the best I do is just ask them to explore playstore. One could find multiple options available and pick the one that fulfill the need as well gives clear data regarding the market without much variations.
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What's the need to kill bitcoin, even if the entire people who at present using bitcoin stops it too bitcoin won't get affected. Because this keeps it circulation through some other means. It can be of through altcoins or through gambling or through illegal transactions usage which won't go out of usage anytime.
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Compared to the past the price of bitcoin keeps on increasing. As a part the popularity too is counting based on the technology implementation getting widened. Gold had lost its importance compared to the past days which is completely upon the growing users trust though it's a virtual asset.
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If you really care about secure of your altcoins I advise you to buy Ledger Nano S. Its a portable wallet. Money will be stored on a flash card which will be accessed only by you
That's right, apart from that for anywhere accessibility myetherwallet is the best to my knowledge. This has got a unique way of functioning and I request users to be careful while using mobile wallets for easy accessing. While installing itself note how many users were using it. If you find it worth use it, else move on. Because lots of scam wallet applications were getting developed.
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First of all its the base to the entire set of cryptocurrency, if this hasn't existed the chances were low for Cryptocurrency. Second thing the usage it provides is much more than the stocks, properties and the altcoins in cryptocurrency market. Third this has already proven to be a state of art that can be implemented upon requirements unlike the field of usage. It has got the highest number of markets, so in accessing much simple and getting similar to the traditional currency.
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