i am a newbie .. please show me the investment. I have 700 usd
Your capital is less so don't go with bitcoin, bitcoin cash and ethereum, for this investment amount i would like to suggest you to invest in coins which price is around 1-2 $ so go with aeternity, ripple, iconomi and steem dollar. When you choose coins with low price you will get more coins so when price of that coin increase you will have greater profit margin.
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I think that Ethereum will rise in August, because Bitcoin will rise sharply, so other coins will follow. This is my point of view.
December is the month when all altcoins start growing because of bitcoin's growth, analyst predicted that by the end of 2018 investors from different counts will invest in bitcoin and price will rise in result so automatically price of altcoins increases due to increase in bitcoin's price. If we talk about ethereum it has great potential but it will grow after 2-3 years and will be the second expensive currency.
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My favorite coins are cardano (ada) and neo. You can do some research on these coin and buy of you want. I have also third option which is stratis you can check that too.
Ada was good coin but for now neo and cardano is not the best option, and stratis is good and in future it will go to moon as i saw its progress. I want to add some more coins which are good for long term and short term investment both and these coins include aeternity, Qtum, ethereum, ripple and monero.
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I agree with you. Now most people and countries are trying to find an excuse why the crypto currency can not be used, but in fact it's new money and if you do not accept them now, then in the future you will be very sorry.
Agreed, in 2014 bitcoin price is 400$-800$ and in 2017 bitcoin price was 21k$. This difference is very huge for a trader, if at that time they start accepting and supporting bitcoin then in 2017 they all could be successful financially. But they denied the power of bitcoin and now most of the people regreting their wrong decision they took.
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Mostly exchange sites deduct transaction cost because this the only way for them to get some real profit so they don't want or they are not in the favour of zero transaction fee. But there are some professional sites in which transaction fee is almost equal to zero.
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As an investor one thing you shouldn't engage yourself with is Predictions, if you want to be successfully in this Crypto ecosystem, you need to stay off any form of market prediction.
Here are few reasons why you shouldn't engaged with it (market/price prediction)
1. Predictions can be wrong
2. Listening to predictions makes you a speculator
3. Listening to predictions makes you an onlooker
4. Price prediction gives you nothing for today, only false hope
5. Listening to price prediction makes you think in one direction
Finally
Don’t let speculation and assumption make you decide what to do.
Predictions are made on the basis of new features addition to the company so when company develop new feature and update their system the there is 80% chance that the price of product/currency will increase because investor have a look on the market and they know about the market trends. Price Prediction will help you in knowing how many days or weeks you have to hold your coins.
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Yes there are some companies which deals in bitcoin insurance and recover your lost amount. One of the known agency about bitcoin insurance is Bitcoin Insurance Agency
At Innovation Insurance Group, They “get” bitcoin, and they set up an agency to handle the insurance needs, from the routine to the unique, of companies in the bitcoin industry.
Among the policies they offer are
Bitcoin Theft Insurance Directors & Officers Liability Professional Liability Cyber or Network Security Liability BOP Commercial Auto Trade Credit Political Risk Surety Additional Services
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Actually it all depends on supply and demand and price up and down is dependent on supply and demand of currency. And in future bitcoin supply decrease and demand increase which results in the great rise in the history of bitcoin. More and more people wants to invest in bitcoin this is the reason of increment in bitcoin price nowadays. Approx. 700$-900$ bitcoin price increase in previous 3-4 days.
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Holding always help you in getting profit so don't try to be a panic seller you will regret later. Those who hold coins when martket is red always get profit when market turns green. Mostly people sell their coins when market is down and regret on their act later when price goes up in few hours, days, and months.
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Project without team members is S C A M.
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I agree that Brand New and Newbie accounts makes lot of crap threads with stupid questions. But I think that restricting to start threads for these users isn't perfect solution. Many people with new accounts came here to make their service announcements, how they would have to make announcement if such restrictions would be implemented? Farm account until reach Jr. Member rank? Buy account? Hire someone to post announcements and spend money for it? But maybe restricting to make threads only in Bitcoin Discussion board can be good solution.
That will be another positive or plus point of implementing this, we are working here since a long time and we have spent our time on this forum and gained trust, so i believe it is a defraud if someone from outside with a brand new account came and start managing campaigns and make other announcements of their company or coin instead of hiring already trusted or working members of this forum. I agree with you. It will be good if you create of poll regarding this issue on this forum, i will vote for it.
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I believe that you can invest. Even if the market is red. You need to choose a strong coin and hold it.
Crypto world is unpredictable you can only guess that this coin may go higher in future, i always say if your luck is good then you will get good profit. Predictions do work if you follow reknown analyst, and when market is red this is the right time to buy any coin because at that time it is at their lowest price so in future it will definitely increase.
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Factors that influencing bitcoin price. 1. Bitcoin supply and increasing/decreasing demand. 2. Regulations enforced by governments on Bitcoin transactions. 3. Bitcoin in news: Influence of media on garnering negative and positive publicity 4. Bitcoin users and developers influence the rise and fall of price. 5. New technological changes to Bitcoin. For detail read : https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894
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This pump was a normal pump bitcoin will stay at 6200$ to 7100$ for 2-3 months, price of bitcoin start increasing by the end of December and in the mid of January bitcoin will be at 10k$ min. And one thing more some analyst predict that price of bitcoin cross 25k$ this time by the end of 2018.
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Bitcoin is accepted in some stores as direct payment method. Apple start accepting bitcoin onilne and offline in few countries/ places https://applewithbtc.com/. This is a good news for bitcoin lover and very soon all countries start accepting bitcoin as direct payment method, government only has fear that they would not monitor bitcoin transaction if they allow/ legal bitcoin in their country. People will start using it in illegal activities like money laundering.
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Last July, I received the same information that Bitcoin would die, Bitcoin scam and then, as you can see, Bitcoin values up to $ 20000 by the end of the year. The number is three times the lowest. That made me believe that the price of Bitcoin will increase by the end of this year
Nowadays a downfall on bitcoin because US make group of people/ department and their duty is to monitor manipulation of bitcoin price and other altcoins and India also planning to ban cryptocurrency exchnages but still i believe in bitcoin and we will see this time bitcoin break all previous records. Price prediction for bitcoin by the end of 2018 is 20k$ above.
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Bitcoin is stronger than other altcoins and in my opinion bitcoin will stay at no 1 for at least 50 years. Ethereum has potential and we will see ethereum will at number 1 after bitcoin in 3-5 years. 2018 is no so good for bitcoin but by the end of 2018 and starting 0f 2019 we will a huge increment in bitcoin's price.
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