Dear audience I have 0.05 BTC should I hold it for future value ? In recent time the market is very dumping so that feeling little scared.
The amount is not very necessary I can hold it if the market will raise
I think its up to you if you want to hold that 0.05 btc. All i want to say is the price of the bitcoin flunctuate, it means that the price is really unpredictable if it will rise or drop every time. It really depends on your situation and if you would like to take some risk. If yes, I would advice you to buy some coins, maybe 5 different coins for each one costs 0,01 btc in total. |
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It is very important to I be patient in cryptoworld. I made too many mistakes because of this earlier. I regret too many times because of selling my coins. Tht's why i am trying to hold my coins as much as i can. and now I only sold as much as i need not more than this.
Actually it is valid rule for any other investing, not specific to the crypto currencies. Even if you are a stock exchange investor you know that long term average income is always better than short term. So key is to learn to be patient, it takes a lot of time to learn that. |
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Kucoin is indeed a good exchange, and gradually to become a big exchange, I believe it will surpass OKEX.
Agreed. I have recently opened an account on Kucoin and I am pretty happy about the service quality. They list almost most of the good alt coins which means you don't need other exchanges. |
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I think that not only 2018 will be good for crypto, but look at 2017 it was also not bad and I hope that this will continue in the future.
2017 was not a bad year for alts but apparently 2018 seems better. Despite we are not at even half of the January, lots of good coins already did 10X for its holders like pearl oysters and dent. I have good expectations for the year. |
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No Bitcoin won't eliminate unemployment. It won't eliminate any problem. Plus, it is not a guarantee to make money with Bitcoin.
Of course it is not a guaranteed money making way. There is no any single investment tool in any market that can guarantee such an income. all has the risks but if people do bounties when they are unemployed they can do some money. |
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I think BTC holders easily get scared all the time and start selling at the very moment when it slightly goes down. You should be able to consider risks when you decide to hold.
Yes. The new investors really do this mistake of panic sell. But that's how you learn from losses. And it continues like a domino effect. That is why it is called panic selling. It works like this; people start selling because they are in panic by being afraid that bitcoin can go lower. they sell and price drops and it causes even more panic selling. |
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Hold on until January, prices will rise again.Because of this month the bitcoin price will drop in ..You better buy again .. And January you will get a profit .. Don't lose money.
this is just prediction, it can go up or of course keep on going down. for me as long as it is not under 10.000 usd level, I will not be selling. If it goes under 10k and stays there little bit then I can cut some of my losses. |
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Since I don't own any properties, I will not do this. Why do you need to do this ? why not focus more on getting money without sacrificing all your memories with your house. Yes bitcoin is really profitable but doing this is not an Ideal thing, save money then invest on bitcoin later on.
It is not wise to do such. Some people say that bitcoin is a bubble. We will never know when will its price go up and down. It is better if we will just invest in a smart way. But there are also other people who can really handle such risk. Definitely. If someone does sell their house and invest in bitcoin (or any other investment tool) that means he is newbie or he is gambling. we should all know that we cannot invest all our money to one instrument. in case it crashes, we would lose all of our money. |
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Newbie here, I've been wondering when is the best time to buy coins? Is it a good idea to wait for prices to dip a bit or should I buy them as soon as possible to avoid anymore increases in price?
I think the best time to invest is now because the price is not yet high so that you could invest more money and earn more income in the near future. I think the more you wait, the lower you can gain so that do not waste your time just focus in investing in bitcoin. If you know a little bit technical analysis like drawing trend,resistance and support lines, drawing fibonacci retracement lines you will see that every day there is a lot of opportunities to buy and sell. So my answer to your question is "now" my friend. |
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Since technology has been a big part of our lives, virtual money can be considered as a new currency, but then again, it can never replace it completely.
It is not just the new era of currency. Whole economical system is being changed at the moment even if most of the people is not even aware of it. Current corrupted system was based on central banks and blockchain is changing by decentralizing the system. So it is complete system change from it is core. |
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Bitcoin doesn’t not dangerous at all because it’s goves up more and more many opportunities thay we can take? So how does it can be dangerous?. It’s more on that bitcoin csn change some life from poor to rich hehe like just me lol
It seems like question is about investing dangerous. If I understood right he or she is asking if investing bitcoin is risky. If that is so then my answer is yes it is very risky especially you don't know what you are doing. Because there is incredible volatility that can cause you to make a lot of money or lose a lot of money. |
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this is very good news i am hearing that bitcoin is accepting is many of places and also its's accepting for online shopping, where people can take advantage from this service's there who are connected with btc, and it will be good and huge contribution of companies who's contributing and accepting bitcoin it will help lot of people, i would like this service's will be continue in the future.
Well, I guess there's no doubt that some hotels would accept bitcoin as a payment today because I know bitcoin is now already making its way to popularity in to society, and in fact this is only mean that this is a good indication in the world of digital currency most especially to the bitcoin, and I'm expecting more good thing to happen in bitcoin in the near future. these are actually good news that provides a solid marketing for our crypto currency world. especially when those big chain hotels start to accept bitcoin, then more people will be learning about blockchains. |
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Bitcoin drops $2,000 in value as South Korea announces planned trading ban
The value of bitcoin plunged 13.5% in the early hours of Thursday after news hit that South Korea is planning to ban cryptocurrency trading.
News of the ban follows the raiding of local cryptocurrency exchanges by police and tax authorities over alleged tax evasion, as one of the key nations driving the demand for bitcoin and other virtual currencies attempts a clampdown.
“There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,” justice minister Park Sang-ki said.
This is usually normal in crypto currencies as news and event always have impact on their prices, south Korean ban on bitcoin will only affect it temporarily as we noticed during the clamped down on exchanges by the Chinese government last year, there was a drop in the price then before the price rallies upward later. I think South Korea is just trying to regulate the crypto currencies not totally banning it.Stop spreading the fake news and creating panic situation around bitcoin investors.The current fall in price due to the increase in price of altcoin but soon the bitcoin will bump as it normally happened over history. It is really tiring to see all these manipulative fake news. why let South Korea ban cryptos? it is one of their major economy support in case you didn't know that. this kind of speculations doesn't effect bitcoin really. |
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when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?
It depends who you are watching and what you are reading. There is a lot of positive press too but the media tends to cling to opinions of the likes of Jaimie Dimon and Warren Buffet. Quite honestly, I think the media likes to run negative stories because bitcoin is unregulated. The media sells fear and it is easy for them to portray bitcoin has the preferred currency of criminals. There are different medias. Some of them is supporting in a positive way and some of them is strictly against. It seems like if this media is belong to the bitcoin holder than we see that media is supporting crypto currencies with all its broadcasts. |
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Bitcoin is popular because of its high value, its first crypto currency, and perhaps other cryptocurrencies that are better than bitcoin, but they have lost ground.
That is the main reason, agreed! Eventually bitcoin is the one who started everything in blockchain world. If there is this crypto currency world that we are all benefiting from it, all with the initiation of bitcoin. |
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Bitcoins' price is very unpredictable. It changes from time to time. Some of the reasons for its changing prices is the supply and demand of bitcoin. When it is indemand, its price goes up. When its supply increases, its price decreases or vise versa Add to its rising or falling price are the different news about bitcoin. Like for example, when a certain country banned the use of bitcoin within their jurisdiction, the effect is that bitcoiners will get panicked and will sell their bitcoins. Thus, increases bitcoins' supply which will eventually causes its price to drop. Also release of other cryptocurrency affects it because some sell their bitcoins and buy the other types of crypto.
Honestly telling you my friend you have cleared few doubts that were troubling my mind for days now. I have finally figured it out how the supply increases. What actually surprises me here is the way Bitcoin’s price changes. I am certain about one thing. The demand of Bitcoin is not going down anyway and not many people are totally selling out their asset. Demand is rising with time but still the magnitude of downfall is a huge one. I hope you are getting me. Supply and demand, and their balance is the essential of any market but I guess the question is more practical than theoretical. I personally use technical analysis that I learned while I was trading in stock exchange. it works well. You can study how to interpret the charts. |
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