The sell off could be because of lowered trust of people over the ETH recently as it is behaving very unusual these days. Look at the market and see how it is not progressing since many month now even when rest of the crypto grows it remains the same in value or either drops even further down. I guess this is not the best approach and thus people are dropping out and leaving ETH to die. However this situation will surely change back to normal once the ETH scalability is done and new updates are released for which everyone is waiting for.
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what is the one ALTCOIN you believe in that you will never sell? and why
Sad to say that but there is no altcoin which I would trust 100%. With whatever going on currently I would say ETH is also not reliable crypto currency now a days and thus where it takes me to the bitcoin only. So no altcoins really which can help me fulfil all my needs of profits and whatever I do with them, like transacting, spending over the internet etc. None of them grows systematically and also no surety that they might be evolving in the future.
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I don't know how the new entrants are able to get through the ICOforum site because I noticed the server has been down for a few hours now. This may prevent posters meeting up the required post count if it isn't addressed quickly. I expect such server overload because of the rush but the Campaign Manager should also address participants on that. Silence isn't the best option.
I am also having same trouble. Admin do something about it. ICOfroum stays down time a lot of time.
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Believe me educating is the prime requirement for start of any new investment and surviving the same. I guess crypto currencies are very much knwoldeg hub where many new happenings are continuously in progress and thus you have to be up to date so that you can make proper moves into it and make the investment readily perfect! If people were educated enough with crypto knowledge then they would have never cared when the market was in the bear trend but they do make fuzz about it like illiterate. That is why its more or less important!
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#JOIN
Bitcointalk username: hui8 Forum rank: Senior Member Posts count: (including your registration post) 748 ETH address: 0x8714A93027c882302e418ba4BBe7aAa1b47e2dfe
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Its true, every asset and currency that you exchange and get into your bank account will have the traceable value and this must be taxed. However there are some counties who are having tax free on bitcoin and this means whenever you convert your bitcoins to fiat then it is surely can be sorted out as tax free transaction and thus fiat came from that way wont be taxed. In many countries this is far more strictest and thus you can not avoid the transfers from taxing them. Taxation is important step if you really want to keep the credibility of your accounts with banks and financial institutes.
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Believing in what others are saying is not good stuff mate. You study the market by all yourself and learn whats the future of bitcoin. You have everything to analyse, the old data, past patterns, current affairs in terms of bitcoin news, government updates and much more. Learn these from the legit sources and not from what random person has to say about it. I have studied this market since long and I believe that mostly bitcoin will take giant leap this year also and its happening every other year. So dont be afraid of saving bitcoin until December, just do it.
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I don't think we can call it greed per se, knowing that there are no certain restrictions for the people in politics to invest in whatever they think will give them profit. After all, they're just people wanting to live a better life like all of us here. If anything, these people are slowly adopting into cryptocurrency and, hopefully, establish some laws which protect the interest of consumers/investors in the cryptoworld. Also, they might, finally, come up with a rather friendly definition of crypto for the benefit of all. I don't see anything wrong in here, TBH, not unless those cryptocurrencies were earned through some form of fraud etc.
Yeah thats true. Now we can not relate these things with the greed just because those people are from the government work force. They have the same rights as you are having and they can invest in the decentralised system like crypto currency freely and with whatever intention they have. They can hold it, they can sell it and they can have as much as they want. To be frank this can actually lead to good regulations which may help us fight against anti-bitcoin stuff. Because these people will try to make things simpler for themselves and thus in return it will be easier for us too.
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We have jumped from 5.7K USD (lowest of 2018) to 8.6K USD (until now highest) which tells me clearly that we are in the bull run for sure. This bull run will keep the pace of upward direction for long time now because we already had too big dip and that was enough time for the old and new investors to get into the crypto space. The market is now having all the orders fulfilled (my guess) and may be with the upcoming Q3 ending we may see more whales jumping in the market. They know very well by the year end it could happen that BTC may rise upto the value of 10K USD plus. So everyone is jumping in and thus keeping the market in demand right now. Perfect bull
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I think now is the right time to buy more bitcoin because the price is very low, but I think after a while bitcoin price will rise again and if we buy more now we cant make more money in the near future. What do yo think?
We can make money all the time in the crypto space. Always remember that bitcoin is prone to go up and down and mostly it is believed that with the time bitcoin will see bigger prices per BTC. This is explained with the fact that bitcoin is limited in number and with the time number of users for the bitcoin will keep rising. Thus, it is surely going to be high demand low supply situation soon and thus will make the bitcoin priceless over the time. I guess every time is great for buying bitcoin as long as you are going to be long term holder.
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That is really good article. I have always sorted out my best exchanger as the one who gives me more security as well as huge trading volume. The volume is vital part while choosing an exchanger because if there is good volume then we can say that there is best chance of our trading to be successful. With reputed exchanger it also brings us the best coins out of the market and thus we can easily put forth our portfolio with a trust over it. I have seen many exchanger which has no volumes at all but good coins listed over there but that is just vain to have because no volume means no order fillings. So yeah bold point here is exchange with volume, safety and good number of coin listing is the best.
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Im glad you made deep analysis like that which you have represented in the OP however with the current situation it should be clear to you and most of the investors that BTC looks the bestest investment of all time. A always it has already broken the records of getting into the bull run. Well it may happen that it will come down after reaching such higher prices, but one thing is sure here it will go back to even higher prices after that. This is what real BTC is and its cyclic change will always profit us. If you are smart enough then just buy it and HODL.
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How can we recommend such strategy where awe dont know whether specific altcoins which we may sell for btc is good or bad ? It can happen that the particular altcoin might just get hyped because of some good developments of it and may give you more profits than the bitcoin itself. Then in such case it wont be the perfect strategy or step forward to sell it. Most of the time we should keep the bitcoin and altcoin investments separate. To be honest I make investment into an altcoin for the purpose of back ups where I may get tremendous profits which can cover cost of my needs for a month or two. The calculations are different but I wont recommend this one.
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The cost of bitcoin has spiked by and by, achieving another unsurpassed high of $8,649 per BTC crosswise over worldwide trades. A couple of days prior the cost plunged beneath the $8K range. At what price do you think bitcoin will maximize in upcoming days?
Bitcoin is geting upwards but it doesnt mean that we can truly predict what will happen to bitcoin next. There is no way one can predict the future of bitcoin prices. We might just tell about few days after what can happen depending upon the current situation but telling exactly where the bitcoins will end up having the maximum prices is crazy. There are lot reasons for this one, the very first is peoples current behaviour. We dont have any idea how many people are trying to get in and get out of the crypto right now. Whether there is crowd which is making FOMO investment etc. So its like blank spot right now.
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Magic? We are paying the magics now. There is no magic in the crypto currencies mate, what you see is all about the inverse relationship between he bitcoin and altcoins. This is like seeing the people dumping their altcoins for the bitcoins and thus making it more profitable or push it towards the bull run. Its but obvious that whenever we see bitcoin going up then we remind ourselves that bitcoin was trading at 19K USD in the last year and thus everyone sets up their minds in the same direction. They sale everything they have got in the alts and thus alts get halted in their growth. Something similar happens all the time.
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I believe everyone had some dreams to achieve when moving into cryptocurrency. Which part of it has not been met yet?.will they be met anyway?
I always believed that crypto currencies will be used in the daily life soon but nothing like that is happening at all. I am not sure whats wrong with the crypto developers as well as government authorities but they shovel have been on the same page by this time. Just imagine, 9 years has passed and still government is thinking to ban the crypto while on the other hands devs are not making high throughputs which can really make the crypto look like awesome and give no reasons to the government to ban it. These are some of the expectations I have from the crypto's which I believe have not met yet.
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I think its not the best way to go for your trading action. Im not sure whats making you so much reliable over such websites who make technical analysis about the crypto trading. You are new and you will soon find out that crypto currencies are far more unstable than what they look like today. These currencies are changing in values all the time depending upon various facts around us. The news, progress of project, investor relations and much more. In such case technical analysis always fails mate. So rely on such sites but dont rely too much.
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Interesting strategy but whats it all about with the 19 coin section after you are successful in the 25 coins? Looks like some randomness in your portfolios? Well, crypto currencies are very good for investment if they are from the Top 50 and thus if we apply your strategy as well then we will sort out 25 best coins amongst them. This will increase the odds of winning profits for us and thus instead of those 5 coins we may end up having big profits with all those coins. However one thing, we will need huge money for investing in such big number of coins. The price of coin and its quantity also matters sometimes.
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With all the information around EOS, can it future be brighter than expected? If yes, why?
Ahhh, well still in ambiguity of using it. EOS sometimes look like very much hyped coin to me. I know it has passed the mainnet recently but come on what it did to it? Nothing I guess. The coin literally went down like crazy after that when it was expected that the coin will even go at least 10x the basic price it had. I know expecting too much is not good thing here because ETH and NEO are already having best position in the market. So it is like very less chance that EOS will get hyped so soon here.
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