I will agree with never sell any satoshi that we bought. If me i get BTC or maybe ETH from bounty campaign and trading. So i think that is not money like i use real money for capital. If something happen with me or in an urgent condition, i think sell some assets in BTC is not a bad idea. Because for me there are nothing more important than my life, but in case it is very urgent condition.
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Which crypto do you trust more, the one that is traded freely and nobody knows where the rate will go tomorrow (like Bitcoin) or the one that is under control of its developers (like Ripple, more or less)?
Where you would invest?
The first one. Because when the coin is traded freely and not controlled by anything, it will be fair for people because supply and demands or maybe news which make it move in price. When price controlled by company or maybe developers, it wouldn't be fun or maybe we must really aware because only them who know when price will they drive. And they can actually make any price move like what they want.
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My experience so far with bounty this year have been bad and it is not as profitable as it used to be. Mainly bounty hunters don't really get good projects that will pay and those that pay just pay a penny which is not worth the time and energy put into the work. My question is, is it possible to still make a living from bounty or we should just move on from it?
Move on is better, i think beside we do real life job. Bounty still can be done because it not take very long time. I think for now especially when condition of bounty campaign like this, we must think smarter and not always stuck on this. Glad i already have real job so i only do bounty after come home. Or maybe visit this forum to look information and updates from projects that i already joined.
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The ether is now in an extremely low position. How good is the idea to buy it now?
I think still good. Because usually ETH price follow bitcoin when it's get pumped. If me i still hold some and when price down like this, as trader usually they can take advantage maybe buy some and prepare for back up. Maybe it is commond and already said by a lot of people. But that is still considered as strategy. And at least still better than not do anything except panic and make bad decision.
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The prediction is quite realistic though, $1 million bitcoin price in 2025 means a lot of years from now. It's 25 years man and for those who believe in your prediction, they should start saving or investing in bitcoin now. 1 BTC is good enough for the future, so it should be treated as a long term investment.
Even for 10 years time, I think it's manageable to save at least 1 BTC, the movement of bitcoin is not only one sided, it usually fluctuate and sometimes it will dump, so the best technique to follow is always find a great timing to buy.
Btw 2025 means it is only 6 years from now right. Maybe $1m bitcoin still really high if in that time. If my prediction if halving really success, maybe in next 2 halving event it can reach $50k because a lot of people will start to hold bitcoin and if there are no serious problem, bitcoin price have high chance to reach new ATH.
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Maybe back to what can gambling cause. Because a lot of bad thing can happen if someone keep lose in gambling games. Maybe government only prevent bad things that can happen like criminality or maybe anything else especially if someone already addicted, they will do anything to get money so they can play gambling again. If me i don't care although in my country gambling is prohibited. I still can play with bitcoin that is why i really like bitcoin.
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Last week I saw the crypto market of bitcoin and altcoin all fell dramatically because there was competition in gold trading that made all prices fall, is gold investment more profitable than bitcoin and altcoin which are vulnerable to hacking.
If profitable, i think both is profitable. But gold usually have trends that keep increased although need longer time. But for me, make investment in crypto is easier and not really strict like in gold. That is why i choose bitcoin instead of gold. Especially in my country, i don't have any information how to make investment in gold except with real gold bar, maybe like assets virtual.
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In my opinion, Ethereum, Litecoin, and NEO are the most profitable altcoins in the near future. There are many other good altcoins, but I focus nowadays with these currencies, and I am planning to hold them for the long term, since their prices are expected to rise highly soon.
Yes, the coins above mentioned are very good for long term holding, you can see the price of these coins is very good to buy at the current stage. We need to grab more coins in the market if we plan for the long term, in the long term we might get beneficial compared to the short term. Long term usually have more advantage (for me) if compared with short term. And until now ETH still be my favourite maybe followed by Lumens or Stellar and i hold it for long term investment. For me coins that i mention above is something that easily predicted, maybe not too easy but it have schedule or have something for people use as benchmark so they can know when it have possibility to get pumped or not.
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For now i am on phase to hold my fiat and hold little amount of bitcoin, actually for now it is lowest that 0.1 BTC. Maybe because see a lot of people who speculate if bitcoin price will decreased, i will hold more and maybe prepare to buy some if bitcoin price move significant. I think when i read people speculate, i will make it as benchmark or maybe help me to analyze bitcoin price although my analyze skill still not very good.
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As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan. Happy Trading
I usually follow, i think it is ok if we follow how successed trader around us as long we use it as something that can make us get profit. I usually ask some of my friends and usually i ask other (i have join groups that my friend as traders usually share) but not really follow. Like we must know which can be follow and which to avoid because back to natural trader, they will do something that only make they to get profit. And i know some of my friends, not really want to share and only want the others to buy coin that they already bought. Of course we can definitely follow, however, do you really think that successful traders are going to share their secrets? Or if even someone are sharing their signals, won't it be something in question though? I mean what the hell will someone ask for money for a trading signal? it really doesn't make any sense at all. And it is not only a guarantee as well, so why take the risk of paying them? So again as I have said, no need to rush in crypto trading, if you don't know anything about it, take your time to learn and educated yourself. Actually, no i don't believe. But i have groups that only consist of people around me who like trading although no one is success but sometime share for what coin to buy and what price. I usually follow the coin to buy because it is more comfortable for me if have friend in trading. And if lose, at least i know who to ask and how to get out from it. But not resist there are someone in group who already bought a coin before and then tell their friend if the coin is good so he can sell when the others start to buy and pump.
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I think i will save all my coins although it is not have value ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , can make us remember which project that not good and maybe can be something that we can collect. About main wallet, i agree with people who said that if we want to use some coin, we just move it to another wallet or maybe make new as main wallet. Because from what i see, there are a lot of coins that "bad" if compared with "good coins" so will waste time, fee and another thing if we want to delete coins that we not used.
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As personally, I believe we have to follow the footsteps of top traders as well as we have to build our own strategies to trade, who knows your plans can give better results. But as a newbie its better if we follow the top trader and learn from them as they can teach you things you cannot able to explore yourself in short time and you can add up your own brain and efforts to make a reliable trading plan. Happy Trading
I usually follow, i think it is ok if we follow how successed trader around us as long we use it as something that can make us get profit. I usually ask some of my friends and usually i ask other (i have join groups that my friend as traders usually share) but not really follow. Like we must know which can be follow and which to avoid because back to natural trader, they will do something that only make they to get profit. And i know some of my friends, not really want to share and only want the others to buy coin that they already bought.
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In my view, maybe almost same. What make it different is binary option is a skilled gambling that require us to analyze to where price will be. Maybe almost like sportsbetting game that we can analyze the game and make decision. Not like dice game which actually when we use any strategy, if we not luck we still lose in game. But in the end, Binary options , common gambling games will make people lose money. So play it wisely and don't let gambling take control of your life.
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My question is why must look from it's peak and not from when ETH first enter market. ETH lowest price or maybe when ETH still popular, if me not wrong it's price is not high as now. If me, when i see coins, i will see it's progress from early to now. Because it means we can really see how it's progress and make good decision what it will be in future. ETH although down very much, i think even developer will think something about it, they will do something that still can make their tokens have value with their way. But ETH demands will still a lot as long a lot of tokens still use it as fees.
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The vast majority of new crypto investors that I am aware of are anxious and restless these days. Gone are the days when early crypto investors invest in coins and watch it develop over time,newbies and new investors are too in hurry to make money and many turned crypto investment into life jobs. The benefits of an investment is called returns which takes years to accomplish so its never going to be easy for those looking for short term ROI and yet fundraising like IEO still brings short term profit for smart investors,i think almost all new crypto investors lacks patience
I think it is normal, because when bitcoin get hyped and pumped very high, a lot of people join this business and think bitcoin is a profitable thing. But don't know how struggle it is and how long people wait to bitcoin price increased. They joined this business without any knowledge or education what risk behind it. That is why a lot of people don't know what to do when bitcoin price collapse and down like this. Not be patient because they think will get short profit from this. And in the end, they blame bitcoin itself because make they lose their money.
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Maybe my strategy when face something like you is, i trade with BTC. But not sell it immediately when BTC price down. For what we always count it in USD if we not want to sell it. And if BTC price keep down, it means i must trade again and gain more BTC to get more money when BTC price is down if compared with USD. I think that simple thing because if we already trade in BTC, we must ready for anything that happen. If we already get profit from BTC, and BTC price againts USD is increased, OP might be not created this thread because he get more profit from it.
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I am agree with bitcoin will get ultimate rise, but for how much it will b e or maybe $100.000 maybe it is too high for that time. Need a lot of money to pump bitcoin price to that high and a lot of investors money already drained in ICO. I actually know and understand there are a lot of rich people out there who can do that and easily do that. But to make them believe bitcoin can be really good asset to make an investment, it is hardest thing to do. Maybe for next halving it can be around $40.000 or maybe $50000 and then bitcoin price make correction again.
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I have join ICO once as investors, and it not end well because price in market is not really good after listed and it keep getting worse only in time. For me, ICO is something that almost like gambling because actually we don't know what will happen to project that we invested and then profit or lose is always depends on the project itself. But when you pick good Project, or at least know when to sell the tokens, you can get profit because usually after listed on market, it will get pumped a little. Maybe take chance on that time is good thing. About Ethereum, it already steady and stand in market although ICO trend not come yet, so i think no matter ICO is happen or not, Ethereum, bitcoin and other coins will be good as long there are demands on market.
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At least he will learn something about that. But maybe a lot of people face something like what your friend do too. Especially if they can get their first profit. My friend after get his first profit, really confident about trading and use all his money. I already warn and i said it is better to get a lot of capital first with earning coin but like what peoples do, they try it by themself and then lose in trading because don't know basic or maybe strategy in trading. Only know buy and sell coin.
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