Aside from bitcoin what do you think is one of the best alternative investments in the economy today?
you can investing gold, it is popular and safe. Gold is safe but the issue is it is as slow as turtle. You need to have iron patience in order to see the profit you are making with it. It is really slow in generating huge profits and this is why people have switched to bitcoin market from gold market. Everyone wants something big in short time in this world of technology where things happen in seconds. So if we want some fast income, we would not go for gold. |
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This is a reason because price alway inscrease
I think of the same as this fix number of the bitcoins in the international market will always help the ones who have invested their money into it to make some good profit out of it as the market value of the bitcoin will keep on increasing with the increase in the number of investors and that this will give a better opportunity to all those who will keep on holding and buying more bitcoins in having greater profit. |
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If bitcoin can survive a manhunt, then surely it has the potential to replace banks, and also know that it will inherit all the other problems of centralization too. However, if we treat bitcoin as a superior entity then we just might scale those hurdles and create a new digital economy; but from the looks of things that horizon is over a decade away.
I don’t think so people are going to pass vote of confidence for the centralization of bitcoin. The major factor that attracted everyone towards crypto currencies is there decentralized nature. People are tired of banks and their illogical policies and same is the case of governments. Bitcoin rather the whole crypto market is providing people with the liberty of having complete control over their wealth. |
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Day trading is not risky at all if you know what you are doing.but nowadays i prefer hodling instead of trading, and waiting bullish days to change my mind.
Nothing is risk-free. Every source that can give you benefit must have a loss module and risk factor as well. How can you assume about a thing to be perfect that have equal chances of loss and profits. Bitcoins have this risky thing as well. People only need to learn how to manage this risk when it encounters in your trading. This question must be answered by learning and practicing. |
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Shouldnt our main concern be to have faith in such trusted names, whether facebook, twitter or google, believing any measures taken would solely be for the benefit of the users.
That’s true. All these step that are being taken by governments and social networking sites against advertisements are for protecting people from investing in the new ICO’s and new tokens that may be scam or ponzi sites. New investors usually pour money into projects just by seeing their advertisements and don’t consider the need to do research and analysis about it and finally end up losing money to some scam tokens or projects that don’t really have any utility. |
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If the bitcoin wasn't created I don't think cryptocurrency won't be as trending as it is right now, and there will be no forum like this, there no signature campaigns, and sad for those who are unemployed, they must hard work to fine a job.
Bitcoins are the pioneers of crypto world. As being the first ever crypto currency in the economical world, bitcoins have made the mark in the hearts of people. Now, people are not much interested in other altcoins that are just created earlier rather bitcoins are their preferred choice. Profit ratios are one of the other reasons for people to be attracted towards bitcoins. |
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the correct answer is Maybe.
you can't say at this point what will happen in the future. but as far as speculation goes i think it can be used by many people but bitcoin will not replace fiat.
Yes, maybe because it still depends on people if they try to adopt cryptocurrency and there are still countries that are against with bitcoin. Recent developments in the world by different countries are really worth talking about because they are going to make the mood of the world by showing them the benefits of the crypto currency usage and implementation. In my opinion if 3-5 countries legalize the use of the bitcoin in their countries, then there are major chances that next year the figure will easily reach to 30-50 and then all the countries which are against the bitcoin, will develop some soft stance on it so that they can also join the world for this. |
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In the past an year ago the price of bitcoin was going much better on upward direction and everyone was of the opinion that bitcoin is a decentralized currency and no one even the governments can harm it and it is in the control of the users and holders. If the holders will not sell at low then none of the world power can reduce its price. At that time I remember none of the bad news was having power to reduce the price of bitcoin. I remember when Russia banned bitcoin in their country and there was not any affect of it in bitcoin. But nowadays it became the mentality of the users of bitcoin that when any bad news come then the price will reduce so with any bad news they start to sell as faster as they can and in that way they dump the price too much.
So today I decided to start a campaign to aware everyone that bitcoin is a decentralized currency and none of the bad news can harm its price unless we sell at low.
In this campaign we every user of bitcoin have to make this aim and have to promote it to everyone that we will not fear from any bad news and have to keep it in mind that we will not sell our coin when any bad news come.
The reason for the drop of bitcoin and other crypto currencies were : 1. South Korean government banning anonymous crypto exchanges. 2. US government regulating launching of ICO’s and applying strict rules on them. 3. Google, Youtube and Facebook banned crypto currencies advertisements. This sums up the answer to your question why bitcoin dropped suddenly. |
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Believe it or not, we cant truly anticipate even the most old ones that are in crypto for long. Nobody can drive when will be the landfill occur in the market. In any case, for the most part, we can see the value that are going up we can get the opportunity to take benefit since we don't know yet when will be the following dump.
It is not even possible. Except for whales of course that are always waiting for the right time to offload on the market, no one can know specifically when to drop the load or when not to. The fact however is that there are sometimes in the market when you know something crazy is about to come and that is when you end up seeing a pumped market. In that case, you just have to mellow, sell at the top when you see some signals and then wait for the bottom, but in any way, knowledge will still be needed. |
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I’m a little bit confused as I’m new to this my friend is making a fortune from ripple but not actually owning any as he is investing in it, is this better then having ripple sitting in a wallet?
First of all, you need to know that there are different types of traders and investors in crypto market. Some people do day trading, some invest for short term and some invest for long term. You must first decide which trading style suites you. If you are long term trader, I would suggest you to buy XRP right now when the price is quite low and store it in paper or hardware wallet for alteast an year or so. If you are short term trader, just buy in dips and sell when it pumps a bit. Do this in every dip to gain profit. I would recommend to buy XRP and let it sit in a wallet for long term to gain significant profit. |
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In the past an year ago the price of bitcoin was going much better on upward direction and everyone was of the opinion that bitcoin is a decentralized currency and no one even the governments can harm it and it is in the control of the users and holders. If the holders will not sell at low then none of the world power can reduce its price. At that time I remember none of the bad news was having power to reduce the price of bitcoin. I remember when Russia banned bitcoin in their country and there was not any affect of it in bitcoin. But nowadays it became the mentality of the users of bitcoin that when any bad news come then the price will reduce so with any bad news they start to sell as faster as they can and in that way they dump the price too much.
So today I decided to start a campaign to aware everyone that bitcoin is a decentralized currency and none of the bad news can harm its price unless we sell at low.
In this campaign we every user of bitcoin have to make this aim and have to promote it to everyone that we will not fear from any bad news and have to keep it in mind that we will not sell our coin when any bad news come.
That’s true, bitcoin is held by not a single person or a single authority in the world or governments, it is held by all the members of community. Therefore, unless we people decide to sell bitcoin and other altcoins, nothing can affect the prices of the crypto currencies. I don’t know what people are even afraid of. They must be happy and investing more that their country is not banning crypto currencies and is rather taking measures to regulate it among the country. All we must HODL crypto and not sell them because of bad news, cause in the end its we people that control the prices of crypto currencies. |
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people who hate bitcoin because they have experienced a huge failure or loss of bitcoin. they buy bitcoins at expensive prices and sell them when bitcoin prices are down, those who sell bitcoins at cheap prices because they want to reduce even bigger losses if they do not sell them quickly.
This is not the fault of bitcoin if the investors used wrong strategy and fell victim to panic selling. They should have analyzed market thoroughly in order to avoid any failure. But just because of their own carelessness and useless planning with the master of virtual currencies, they have suffered. Otherwise those who understood bitcoin in true spirit and remained patient with it have established their businesses. |
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Still it is not clear yet whether it is possible to buy.
Buy for a little.BTC
How is it not possible to buy bitcoin? Bitcoin is available on every exchange in the world and after reaching an all time high of almost 20000$, it has fallen into correction till nearly 6000$ and is not currently at 10000$ that is nearly half, so it is highly advisable to buy bitcoin when it is still in correction face and is seeing a bearish trend cause one the market is bullish, you will surely regret about not buying before when it was running quite low and was in a dip. |
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Greetings to everyone. Some days ago I bought NEM (0.31 per coin). It's growing now, I think its going because of Coincheck. Any Ideas is it needed to hold or not?
It totally depends on whether you are a long term trader, short term trader or day trader. If you plan on keeping your investments for long term, I would recommend you not to sell NEM coin as it is a great project and is likely to grow even more in value than it is now. But if you are short term trader, I would recommend you to sell and take the profit as NEM is in a hype currently and is likely to go into correction shortly and you might lose your profit in short term. So whatever type of trading you do, the decision is yours to make. |
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How possible could this be. I do not think google will follow suit with facebook or twitter to block ICO projects ad. This is the major platform used for advertisements by most of these projects. I feel this night be FUD and to cause another panic i the crypto space. Until i come across other sources, then i will believe and confirm it is true. Moreover, i have not seen any ad. blocked of recent.
True. Nothing can be said or judged unless the news is confirmed from some other source as nowadays many blogs, news, medias and government are just behind creating FUD and causing panic sell in crypto market. As far as it is concerned, I would never believe that google is not going to advertise ICO’s and about crypto currencies and suspend the accounts unless I hear it from the CEO of google himself on either some news or tweet on his official twitter account or google account. This surely seems a FUD to me to cause panic sell amongst investors. |
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This is risk of make investment in crypto, so high fluctuaction make loss in short times but i believe in long term will be promising some good return. Because in every years the crypto market is continue growing because this market just like baby, and just began to be more popular.
I can agree on your statement. Long term is always more promising than short term, but the profit that can be earned in short term can be much more than one can earn in long term. Although if one wants a secure investment, I would suggest to go for long term. I agree that the crypto market is quite volatile and there are major fluctuations from time to time, but if one understand the market and its movement, he/she can earn significant profit in all situations whether the market drop or whether it rises. Research and study of crypto movement from charts of all year can provide us with knowledge to successfully predict the next movement of crypto market. |
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Crypto Market Is Down But How Can You Win Still?
Buy while the market is down and wait. You'll be rewarded for your patience.  Yes indeed. Just buy and dips and wait for the market to recover with patience. Don’t hesitate if the market drops even more, just keep holding and buying more part by part. It can be said that “ dump and market dips are blessings in disguise” so that one can buy low and sell high for significant profit. Those who had missed the train for the first bull run, these period are the best time to get in and gain profit. Just keep patience while trading and investing in crypto currencies and everything shall be perfect shortly as market sees bullish trend. |
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Since the introduction of bitcoin the Naira has fell in price vs the USD by a factor of approximately 3.5. Bitcoin on the other hand has increased by a factor of near infinity. If only those Nigerian princes who keep wanting to give me their money would have invested it in to Bitcoin, they could give me much much more.
It is understandable that they feel threatened by the existence of cryptocurrency and from the look of things, Nigerians really do not care about whatever the government tells them which is why it has been so easy for the likes of the scam TBC, Onecoin and Ponzi schemes to really affect most of the citizens while on the verge of trying to get themselves free from government policies. However, the rate of adoption in Nigeria for bitcoin is increasing hugely from some of the news I have been reading and I am sure the their Central Bank must have seen that coming and trying every means to pour some cold water on their soul, but who listens to the government these days anyway? |
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Ye crypto tracker is good. Don't rely on coinmarketcap. It's not the most accurate
Coinmarketcap is even very slow at dropping information on any listed coin since the coin must be trading a certain volume first before it can be listed. It is understandable though and it is their policy, but for someone who may want a quick notification, it is best to just make use of the social media page of some of these exchanges and enable notification anytime a new stuff is posted on their pages. With that I make use of twitter most of the time. |
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Yes we can see that mark reaching soon.All we must have is patience and wait for the market to reach those targets.Always market corrections are in the future which cant be denied.We have to just buy and sell at the rite times and ensure we are green most of the times.Thats what is accurate way of taking positions and quitting them at the rite time.All these will come with time and everybody would be aware of the same in the near future.
Patience and even more patience. Bitcoin has been able to show strength in recent days and breaking out of the downtrend like Harold actually said shows a great level of positivity in the market. All the charts from 1hr to daily chart are turning up long and the market after a period of huge level of being over sold has bounced back. It is time to experience a whole new level of recovery and we all know what that means. |
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