You are probably right, i always knew that bitcoin was never going to be over ten thousand dollars because it is pretty impossible, i read a lot of post of optimist people saying that bitcoin was going to be more than 20-30-50 thousand dollars by the end of this and the next year, and it is insane, if you think about, it is impossible because that is a very huge amount of money. But bitcoin will always be the #1 on the crypto list, there is no way that it could fall from there.
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Did you know that myetherwallet is one of the most pished sites? You can easily be infected by any hacker in here, and when you click the link it will be redirected to your myetherwallet account. You should be careful, you are holding about 60 ethereums and you are saying it like if it is not real money.. Be careful kid, you would never know how does this system works, because you are still a newbie, a lot of people have been scammed by that way.
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Well mate, i would just suggest you to invest in ethereum, it is the best altcoin that is on the market right now because everybody has a lot of trust in this coin, just because it is one of the best altcoins, and it has a lot of support from all bitcoin communities. Monero is a good option too, but i dont know.. Just dont invest in random altcoins, they are dropping a lot and it seems that they are not going to have a great future, because bitcoin is rising a lot.
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People are moving their altcoin's funds to bitcoin, and there is nothing new with this, i see it as a right thing, just look at the charts, altcoins had an horrible year, siacoin was upto x6 from now on August, and now it is almost dead, the same applies to the other altcoins that are under #50 at the moment. And of course that it is rising because of the next fork, and everybody knows that. But i see it as a great thing, i dont like to see bitcoin going down, and i am happy to see that the price is over $7200 at the moment.
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Selling all the altcoins before a fork is one of the best things that you can do, you should know that altcoins tends to bleed a lot when a fork is announced, so it is a good move. And then use that money and the free coins to buy more altcoins, this is one of the most good things that you can do once that the fork is done. anyway, i would keep some altcoins, you will never know what is probably going to happen to those altcoins in a few months from now.
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I have never heard about that exchange and i have some experience on forex trading, do you want to use it because you can make deposites with bitcoin? if its because of this, use SimpleFX, they have one of the cheapest fees and you will not lose much money on spreads because they are cheap too. But if you are only looking for a safe broker use market.com, it is one of the best and the most safest too, you wont regret because it is simple to use.
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I dont understand why there are some people who are investing in projects that they dont even know how do they work. It is just like that "classic family" with a stable job who hires an investor to invest their money on Stocks, bonds, etc.. and they dont know in which instruments is he investing the money in. Why dont you tell her how does it works? and yes, tell him that with $30 she can not do anything, it would be better if she use that money for buying some stuff instead of hopping to see those $30 turned in $10000 in a few years.
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Yes most ico's are being scam right now, and everybody is aware of that.. This new generation of developers are just trying to create more altcoins in order to increase their capital like a skyrocket, i dont know why they are trying to make useless projects with a huge marketing in order to make them look like a serious bussiness, honestly, and this is happening right now on the whole community. They are investing thousands of dollars in marketing in order to make people trust them much more.
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Those people who are very powerful persons or those big companies will never invest in bitcoin because they all know that sooner or later all the cryptocurrencies will fall, and this is why they dont assume the risk. they have better sources to make more money and one of them is just investing in the stock market and manipulate them just to make bigger amounts of money, and this is nothing new, a lot of companies are manipulating their prices or their competitor's prices in order to earn more money. And this is why the stock market will always be bigger than crypto's.
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The best exchange to manage big amounts of money is Poloniex and Bittrex, the only ones are just only to deposit upto 500 dollars and trade with that amount, if you invest more money you are putting yourself into a risk situation, maybe they can froze your account and you will never recover that money. But at the moment all the exchanges are shitty ones, just look at novaexchange, it was one of the best and now it is closing in a few months.
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But it means that you are investing in those coins who are not listed on coinmarketcap yet.. they are risky ones, and you should know that, may i ask you why you have invested in those coins? are them tokens from ico's? by the way, i have never had this issue because i only invested in a few altcoins and most of them are the strongest ones like ethereum, monero and litecoin, not in any of those coins that are from icos projects. But good luck with that, maybe you should find a way out for your problem.
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It dropped a lot today because of the huge FUD that has been on the whole community because of Novaexchange's closure, and it didn't dumped much, and this is why we are lucky at all. Anyway, it is a mess, and it seems that it will drop a little bit more during the next days. But you all knows that bitcoin will always recover, so there is no need to worry about, i mean, once that the fork is done the price will obviously go up again.
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A lot of bounties are fake ones, they are promising thousand of dollars worth of a X coin that we dont even know if it is going to be listed at that promised price once that the ico is over. I would not invest my time in one of those projects, what if you worked like a slave a whole month and then you are payed with shitty coins that are worth $0.00001? it does not make sense, that is why i prefer to work only to be payed on bitcoin.
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We dont really know what is happening on China and the whole government in there, but it is a very strange scenario, i hope that it would be fixed soon. anyway, there is no way that they can shut down all the exchanges that are on China, because it is almost impossible to realize.. but yes, i think that this situation will go back to the normality in a few months once that this mess gets solved.
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Warren buffet is one of the most respected investors that have ever existed, maybe he is right, maybe he is not, he is too old now to understand how does this new technology works, and i am right with that, how old is he? more than 70 yo i guess. Only the new generation can understand how cryptocurrencies will change the world and the way that money is distributed all around the world, maybe he is right and this all is a huge scam, but who knows?
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Bitcoin will always be the most important cryptocurrency who will be in the market, and ethereum will always be the second of that list. I would obviously choose bitcoin over all the other altcoins, because most of my money is on bitcoin and i would not tolerate to see bitcoin going down again. I like ethereum too, but i dont think that it is capable to be better than bitcoin, they have a good technology, of course, but it is not better than bitcoin.
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The best thing you can do is just buy right now, the price is at $5700 at the moment and it wong go down, the charts are saying that it will probably go to $6000 before Monday, and there haven't been any bad news during these days, so it is not going to go down. And there is going to be a new fork on November 11th, so this is the best time to buy if you want to make some easy profit from it quickly.
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Well, if i have more than 100 bitcoins right now, or whatever the amount is, i would sell them and buy gold, it is the most stable currency that has existed since the world exists, there is no way to loss your money with gold, and if you buy them at ETF on a bank you wont have to hide your gold in somewhere, it is very safe to hold. anyway, everytime i buy some gold, i do it in little ingots, about 10 or 20 grams at least.
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It is difficult to see ripple going up again, i remember that last month it did an incredible pump in just a few days, it went from $0,17 to $0,28 in just 35 hours, a lot of people bought when it was $0,25 and now they want to sell all their ripples because the price is freezed and almost dead. I have never liked ripple, it is a very, very, very long term investment, maybe it will take some years to get to $0,40 or $0,50 at max.
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