Do not invest in coin you do not understand, or even see many people make a lot of money from it. Calculate your investment in electronic money when your investment is not high, which will help you easily cut losses and exit the wrong trading. Be consistent with your principles. Be patient and think hard.
That is a must, since invest in cryptocurrency is very risky then we should diversify our investment. So if one of project is fail then we will still have other hope in other projects. Don't ignore any news because any news is highly influence to any coin price. Cut loss is needed , and sometimes it can become opportunity sell which make us get better possition in our investment.
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The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems
Current market condition is Really bad for cryptocurrency, need long time to recover. Keep the price of coin and the project Grow are developers responsibility. Keep stay tune in developing progress, for those who holds ERC-20 Compatible Ethereum token then they should be careful because the contract time is only 3 years.
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According to recent recearch, 56% of 2017 ICOs fail. And you know what? That's OK. 90% of startups fail but the rest grow so high that they compensate venture investors 90% loss and provide very high profits.
So the basic rules with ICOs are very simple: 1. Do the research before you invest 2. Diversify, diversify, diversify 3. Ignore news and HODL
Invest in ICO is just like invest in a company. Its about long term not short term. But unfortunately most of people always ask about when moon, when lambo or anything else that express the desire to get quick profit. I want to add one more thing, the number 4 is look at the team members, you cannot thrust the linkedin or Facebook or Twitter account, I join bounty campaign which the dev provide his linkedin but it useless, the project is scam.
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I have gone though some articles, the deep meaning from these articles i got. the officials say that no crypto currency regulation , but indirectly say they not ban also.
finally they said , this crypto currency not effected the world financial system , and also we have to think about the ""rapidly growing technology"". BTC
but in my opinion this crypto currency has a bright future but no so soon but definitely.
Actually bitcoin is new currency with relatively low liquidity. It has no power to influence the worlds economy, yet. Most of us are pretend bitcoin as money gainer instead of currency, we are still sell bitcoin for fiat after we got some profit or while we want to buy some goods. As long as they don't make any bad regulation for bitcoin then G20 Meeting is not brings negative impact for bitcoin.
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How bitcoin will prevent overpopulation?
The demand will be increase significantly, no need to stop it. Although the price will be very expensive but the fees also will be very high. If there are people who can solve this issue then bitcoin acceptance will be grow faster.
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Hello new member, if you want to know about how to get ERC-20 Compatible Ethereum Address, you can get it in MyEtherWallet. Here is the video that show how to get it. How to get ERC-20 Compatible Ethereum AddressSome bounty campaign ask for ERC-20 Compatible Ethereum Address but some of beginners are don't know how to get it, I Hope it will be useful. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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What does that mean for the average investors? Even if you happen to "guess correctly" and avoid some downswing in the market, how much was plain luck and how much was solid prediction? would you be able to replicate a prediction when even experts, with the advantage of time and information, get it wrong too?
The risk in digital asset investment is very big. Even experts are not always make the right predictions. The safest way is to buy bitcoin then hold it for long term. This way is working good. Or if you knowledgeable enough then you can buy masternode coin like XCPO then hold and run masternode of it for long term, by this way you could get passive income.
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How do you think, when governments of countries are going to start using blockchain technologies in international agreements? Can smartcontracts protect from falsity on that level?
May be , it is good idea. There are many ICO of real eastate which use blockchain technology for their system. Since datas in blockchain are unaditable and unremovable then all data are very reliable. Blockchain technology is very useful. Even e-commerce marketplace platform are utilize it as well. We can check it and see how it run on e commerce marketplace of CopiCo(XCPO). I think blockchain technology is very useful for international agreement.
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When we will use cryptocurrencies ofr our everyday life?
We still need infrastructures for that. We need internet connection availability which not all countries are own it. I think it still too far. May be it will take tens years for developing countries to make cryptocurrency is usable in daily life.
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Hey folks,
I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?
Appreciate any replies,
You can earn passive income by run masternode. I suggest yoy to buy XCPO because the price for now is falling. This is a good opportunity to buy this coin in low price. Honestly, this coin has good future because the developer are already complete their e-commerce marketplace platform that already to launch. Buy XCPO in Cryptopia
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Why alt coins are good for trade ? why not bitcoin ?
The risk in altcoin is bigger. The swing of it price is to dangerous. If you just buy coin only depend on price then its just the same as gambling but if you buy altcoins with good reason like its fundamental aspects, then it safer to trade those altcoin is good for you because the coin only has small chance to die.
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People should promote local products and be proud, it would a good way to have economic progress for any country. Stopping capitalism will help to balance the socio-economic hierarchy.
I agree with that, the decentralization concept that bitcoin brings to us will spread the financial power to the hands of each of us. If many people are make micro industry/business like online shop or craft the it will help the country economy.
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Hi, What do you think - what should the fundamental analysis of cryptocurrencies look like before buying them? If I can ask, could you write me a plan of action? Thank you very munch!
Read the Whitepaper, look at the team member and their track record. Look at what technology that they use, if token the best platform for it is ETH platform. One more important thing is whether they will give you big roi or not. Buy coin in ICO is like support startups business to grow.
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Actually bitcoin has been proven it. Even bitcoin is better than stocks in term of increasing price of it. Since there is no central authority that control bitcoin then the value of it is only depend on market. I think bitcoin is good for long term investment
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What are you thinking, what would be maximum btc price at this year? I think in summer everything will return same condition when big dump began. And after this, will start grow up. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) It should be more than $20000. But there will always painful falling price after the price of bitcoin pump. More people are get into bitcoin world right now. So I think the demand will be more and more increase. Market always pumping and dumping coin for profit.
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I like the strong upward, volatility is not so bad. Bitcoin price swings is very good to reach larger range of profit. I just afraid about bitcoin fees that become very expensive when the price go to the moon. The volatility also attracts more traders to play in cryptocurrency Market.
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I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?
Yes, if you have good strategy in cryptocurrency world. Just buy it then hold it for long term, this is the easiest way. But if you want more profit then you should learn how to trading cryptocurrency. There are a lot of opportunity in cryptocurrency world. There are still a lot of room for business.
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There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.
This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
Is this correct?
Many people are loss their private so the number of bitcoin that can be use is decreasing. It makes the comparison between supply and demand is become larger. This world is so old, I am sure that bitcoin still can be used before doomsday come. I hope more bitcoin users are more aware about how to secure their private key data of their wallet.
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I just created this thread to gather opinions .. Ethereum is next to BTC?
I am not sure. I just think that what if ETH developers are gone then what will happen with ETH. Don't ask the same thing about bitcoin because bitcoin proove that it is the number one cryptocurrency, it is the strongest cryptocurrency because most of us are thrust bitcoin.
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