 Show Posts
|
|
Pages: « 1 2 [3]
|
In the current dip situation, I want to put engage some of my savings into alt coins. but it is tough to me to choose the right one. Could you please help me to choose the right one which at least not push me towards FUD?
At the moment, i recommend that you should buy top 10 altscoin in coinmarketcap because its securitty and a potential coin such as NEO,EOS.. especially ETH . I think Ethereum would be a best choice for you because of its developer. You will not be pushed to FUD situation. |
|
|
|
|
As for me, It's a great time to buy BTC because its price is very cheap. Hopefully BTC would come back as normal price like last year again and i would have more profit from this price at the moment. However, Its just my perspective about btc for the next time. Nobody would know what trend btc could go in the future. There are still more people who react negatively by selling with BTC. It will probably make the btc price go dip.
|
|
|
|
We had a very interesting discussion over the weekend and people debated if it was better to invest in property or to invest in Bitcoin. The argument was as follows : 1. Most people cannot afford to buy property, so they take a home loan at a Bank. The home loan is paid back with interest and some of these loans are spread out over 20 years to make it affordable to the person who takes out the loan. So, over that 20 years the house of $100 000 will cost you say $1 000 000. {$900 000 paid in interest} The argument is also that the property has to increase in value, with more than $900 000 for you to say that it was a good investment AND you have to sell that property to get that profit. 2. The other side of the room said it was better to rent a smaller property and to invest the "savings" into something like Bitcoin, because your profit will pay for a bigger deposit or even a whole property in a few years time. I think paying a high interest rate to a Bank is just as bad as paying rent to a Landlord, because you are getting screwed in both these circumstances.  Well, if you'd pay $900.000 intrest on a $100.000 loan over 20 years, you should switch banks immediately I took a loan of €150.000 over 20 years when i bought my house 10 years ago, in the end i'll have to pay about €40.000 intrest, but i can deduct this intrest from my taxes, so in the end i'll pay about €20.000 out of pocket to loan €150.000 for 20 years (this are approximate numbers). I'm a big fan of crypto, but i'd personally rather have a house to live in than a big fat crypto wallet... I guess i'm to oldfashioned  I do realise i can get a lot more profit when i would have invested all my money into crypto, but you can't live in your wallet... I'm kind of like your thought. but why you dont think we should do both of them? thats mean you save your money by converting some amount of Crypto into real cash. and still have enough crypto in your wallet to make more interest. |
|
|
|
The answer is just simple, we all are cowards  . Everyone will like to wake up one day and find out that Btc has reached 50,000. All these people are scared to invest hugely in bitcoin but want to become Crypto millionaire and Billionaire. You ask them why they are scared and they are like crypto is volatile and so on. This is the time to set the record straight make people realize what they are into. If you are scared then there is no need for you to join this amazing fraternity . Its not all of us. I think it's just a smart part of the large btc community. they actually are cowards because of the lack of knowledge. We should know that BTC is now like a tool of the transaction and must treats them in this way. Anyway, this crypto market is too risky. If you would like to gain more money from them, the courage and consciousness is important factor to working at this cryto world. |
|
|
|
|
As you can see, Bitcoin is threading global. the banks is afraid the influence of BTC to their system because there will be more transaction under btc technology. the government and the banks can not handle this situation. they will lost their profit from it. thats why it is banned in some country.
|
|
|
|
My answer to the principle is: NO
Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.
Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.
BUY BITCOIN TODAY AND ALWAYS.
I have the same point like you. Personally, BTC would play an important currency in the next short-time because it meets the basis need of transaction. Some people misunderstand about Bitcoin. they think its like a bubble that will be collapsed one day. I hope BTC would be a popular currency. we could use its advantage technology in transaction. |
|
|
|
I had invested one ICO previously, it failed although I didn't contribute a huge amount on it. A news yesterday made analysis on blockchain ICO projects, mentioning 92% of these ICO projects are failed.. Should I stop investing the others or any really potential ICO suggest?
Totally agree with your point. there are more potential coins but most of them get failure after a while later. Personally, i will keep finding a good ICO by doing research carefully. There is no secure for everyone to gain profit from ICO. If you dont want to get risky from ICO, Long-term investment in top coin is good for you. |
|
|
|
|
Honestly, i'm now investing in many field. Especially, its tourism.
I've just got into crypto market since last march and realized that I could gain benefit from this world.
|
|
|
|
Are you picky with ICOs?
Of course. I'm sure that almost people in crypto world are picky with ICOs as well as their money and times. Spending time to choose the best ICOs to participate in is the best way to raise your fund. if you're not picky. you would get lost your money. |
|
|
|
In my opinion, it plays an important part of a project. you could see the interaction between the employer team and the members. But it's not at all. we have to consider their technology and products before making our investment. |
|
|
|
|
I have a little bit excitement about the situation. That is a opportunity to buy the coin at the lower price.
But who could be sure that is the lowest price of coin. it probably will take a long time for waiting the high price.
|
|
|
|
|
The first my advice, the important factor that i'd like to share for you before get into that world is the patience. the second, you should separate your fund into many part for investing long term and short-term. as for me, i spend 30% of my asset for holding. the third, discipline is the key for trading in crypto market.
|
|
|
|
|
That's bad. In some country like yours, the government 's afraid that their economy would be destroy by bitcoin. Obviously, they don't know more about crypto market.
That's why the negative news would have affected to them. I think you should go abroad to doing your work if you have enough finance.
|
|
|
|
|
Alts depend more on BTC price. whenever BTC is fluctuating, the market would be bleeling except some top coin.
In early 2018, there a lot of investor that has been lossing their money. Hopefully the market will be green next time.
|
|
|
|
|
It's possible for everyone who want to join Cryptocurrency. But with the people lack of knowledge about Crypto, its too risky to invest in.
the fact that almost people have no experience and knowledge before getting the crypto market. that matter that they want to learn or not.
|
|
|
|
There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
I totally agree with you. there are so much cryto currencies today. it would lead to the result that the crypto market is mess. Scam coin is anywhere so we always have to evaluate their price carefully. people is getting lost their believe in cryptocurrencies recently. |
|
|
|
|
Those who are newbies need to get more experience from their mistake of buying and selling coin. There are no chance for luck.
If you are always nervous to sell their coin in panic at lower price. leave this crypto market is the best decision.
|
|
|
|
|
Many of ICO project say the same thing. they said they could beat Bitcoin dominance in market. but nothing changed by what they say.
In my opinion, BTC is the foundation of other alts. it has the stable technology now.
|
|
|
|
|
Its your choice.I think Eth price will increase in the future because of their good fundamental. beside, Eth technology is evaluated very well.
ADA's also a potential coin.So, It's your money actually, you should make some research before investing. You will know what is the best for you
|
|
|
|
|
It's actually hard to consider what is good coin. To make a good decision when invest to a coin you should see their whitepaper, plan and the team behind them.
Strong community is also important standard to evaluate that coin.
|
|
|
|
|
