I would say that some big investors are the reason why token price drops rapidly once listed in the exchange market. Or shall we those greedy people or cheaters who had taken part in a bounty campaign with multiple accounts which were not detected during the campaign because they usually dump their tokens if it is already available in the market causing it to reduce half the price or more from its ICO price.
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This is right if you sell your coins when the market is down. But if you're still holding it, then no worries. Market price will recovers. We just can't tell when it gonna happens but for sure it will. Just stay calm, relax and hold your coins until the market price becomes stable.
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Both the community and the government is part of the future of bitcoin. Once the community will try embracing bitcoin in their daily lives and so do with the government who accepts bitcoin and other cryptos legally in the society then cryptocurrency has a brighter future in the crypto and real world. Government for me plays a big role in making bitcoin as a brighter future to everybody.
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Honestly, I haven't saved money a lot for my family and children's future. All your suggestions are quite good to follow in doing so. I usually don't have records in my income and expenses and list of priorities what are my needs and wants for my family. So now I will start to records all my expenses and make a list of priorities needed for my family then set aside some money for savings.
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To earn ethereum little by little you can purchase it directly in an exchange market if you have enough money to buy. But if not, you can join bounty campaigns and earn some tokens in exchange for ethereum or bitcoin once a successful ICO ended. Or you can join in an ethereum mining sites though it takes more patience and more before you can withdraw it.
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Apply the basic techniques in trading. Buy low and sell high. Obviously, current prices are still cheaper so better take the opportunity to buy more promising coins and wait for the right time to sell or until you earn enough profit from it. Day trading for me is quite effective this time.
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Whatever the prices are even if it reduces 50% or more as long as you are not selling coins at this current market situation, you haven't lost anything yet. Keep the faith and believe that right after this unstable situation, the market will grow healthy again months from now. Just keep holding and buying coins this time and wait for the right time to sell because believe me this isn't the end of crypto.
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If you are determined to get what you wish for and able to achieve it then that is because of the power of your mind. So I would say that determination has the power to change from impossible to possible as long as you work hard to get it.
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This is an excellent news for the development and improvement in the world of cryptocurrency if this is really happening. Samsung is a South Korean electronics company which sells televisions, household appliances and perhaps most notably, mobile devices which are widely used all over the world I guess. So with this, I believe there is a bigger chance that crypto will stay for long or will even exist forever both in crypto and the real world.
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I'm from the Philippines and I am using a very well-known wallet here called coins.ph. At the start, what is stored in coin.ph wallet was only Php and BTC. Later on, they have added ETH, then followed by BCH and just lately XRP has been added to it. Considering this coins to be stored in coins.ph, only shows that these are promising coins. So I guess these are some of the coins which are good for investment.
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As expected, the market will encounter the downfall of prices within this year but most investors understand that this current dip is just temporary. So we just stay calm and relax because anytime market prices will be back on its feet again. We might not hit its value last year but most probably will break the $10K margin or even escalate at the end of this year.
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Fiat currency has been established for many years already so I bet it won't crash that easily. It remains a currency to every country and crypto as a digital money which is an alternative money for our fiat money. Crypto is applicable only in online transactions and is not widely unlike fiat money wherein whosoever can use it anytime and anywhere as long as they can that cash in their hands.
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Ethereum isn't a threat to bitcoin because both are created with a different purpose. They usually go together. Ethereum is a platform that facilitates application and smart contracts while bitcoin is a peer-to-peer payment network and a store of value. So I believe they are not competing for each. Thus, Ethereum has never been a threat to bitcoin.
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I bet bitcoin price won't hit the same value last December 2017. It might not go down further also below $5000. Although this is only speculation as we all say that positive mindset create positive results and that is what I am thinking right now. I guess it won't reach that $20K margin but I believe it will surpass $10K and will probably end this year with the price closes to $15K at least.
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Mining is more profitable than trading but it needs a lot of money to start with. If can afford to buy that expensive equipment then you can start mining farm in your house but if don't have that much then I would suggest you to start trading. Though trading is also a lucky thing, then try to learn the basics to be able to succeed and earn enough to start mining.
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Yes absolutely correct. But for how long? As long as the market is not recovering yet I bet. Chances are still high that bitcoin might be back to its All-Time-High that's why we are advised to hold as much as we can. Though it takes time at least we won't regret selling it in this current situation.
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If only we can tell the exact situation that will happen in the future, probably we will sell all our coins in late December 17. But isn't the situation right now. Those who bought bitcoin last Dec 2017 is still holding their coins hoping that it might double this year. But today, we have experienced the opposite situation. And there's nothing we can do with that. We better wait for some more years until the price will break even with the price when it was purchased or might surpass it at least with a small profit to gain.
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Honestly, nobody knows how long will the market will start to rise up. All are just mere speculations and predictions based on their experiences. So for now just continue joining bounties and make more money out of it in order to invest more for bigger profits in the future.
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Being the first ever created cryptocurrency, I will still believe that bitcoin will take control of the market. As usual, when bitcoin rises or dropping, it is true to most of the altcoins it the market. It only shows that other coins are still dependent on bitcoin most of the time. Rarely I see that as bitcoin value is falling, some coins are gradually rising. That's how influential bitcoin is in the market.
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Start speculating in bitcoin without even a cash or fiat money is possible. All you need is your time, effort, hard work, willpower, and determination to achieve what you aim for. You can start earning bitcoin little by little through faucets and bounties. Although faucets only give you a small amount of money yet it grow bigger as you continue doing it all the way. For better rewards, then you can join bounty campaign and earn a lot if you pursue it.
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