I think the most popular thing to do on this forum is to just HODL. I tend to take a break from crypto when the price is in decline.
Looking at most of the things that have been said by the OP, it can only be applicable to someone who knows how to trade, who can identify a bottom and a market about switching trends, who would obviously know when to sell and all of that. Generally, this is a decision a bunch of people may not be able to make since they have little or no knowledge to some of the ways they can make this a reality which in this case, and like you said, the best thing is to just HODL what you have, buy and keep buying as the market keeps going down and never dropping the HODL idea from your head in any case. As long as you are not joining FOMO and you are not panicking as a result of FUD to sell at loss, but rather take advantage of a bleeding market, then you will be fine. |
|
|
|
This is worst for bitoin because the prices are not increase, again and again the price keeps on falling. So many negative news spread about bitcoin through social medias. This makes bitcoin value keeps on falling and most of the investors get panic about the price drop this mkes market more worst.
For a senior member, I thought by now people that has spent much time on this forum should know better that market will not just start skyrocketing immediately and it will always take its time most especially when it is trying to find a direction. Leaving the market because of fraud for anyone should not be an excuse as far as I am concerned, because for a lot of it, the ability to identify a scam or fraud or to be able to stay secured, is something learnable except that people are always just too lazy to learn. The red market is just a normal part of any market, and it is always a good time to buy but people tend to only see the negativity to it and that is what makes them miss out. |
|
|
|
I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day. An example of this is Doge coin. I invested in Doge coin probably 2 months ago. Which I bought 39 satoshi and bought a total of 126000 doge coins. It was almost 2-3 weeks, I did not check the price. But when I check price on coinmarketcap a few days ago, see Doge coin 100 satoshi cross. After that I was very happy. But when I login into exchange, for selling Doge coin, I was shocked, seeing that my coins were sold in 49 satoshi. I did not remember when I had a sell order. After seeing that I was upset. That was not the first time, before several times, I could not sell many coins at a good price 😞
But finally, an education has realized that if you buy a coin for long or short time, then you should check price minimum one time every day.
like that it is not a problem of luck or not, you are too careless when setting prices if that is the case, for the exchange itself will not be responsible when there is a customer who misplaced the price, and talking about luck in Cryptocurreny trading in my opinion that is not enough , if you do trading at least use analysis don't just buy it What people are not realizing in the trading environment is that this is not gambling and that is how a lot of people actually take it, while depending on luck to bail them out each time and then making horrible buying and selling decisions without any plan at all. It is not about luck, it is about the knowledge that you have to be able to pull a trading decision through. As long as you get ignorant of the fact that you have to learn to be able to do well at anything at all in life, you will always want to expect luck to be the main driving factor for yourself, but even in real life, things are not always so. |
|
|
|
Things were quite active in the cryptocurrency space, and the correction took place on most of the bubble markets after some digital assets hit an all-time high. The mainstream media is reporting on Bitcoin's price increase. The possibility of bitcoin breaking the $ 3000 range and finding new highs is not a problem.
I do not even know why people tend to consider a low price as a problem in the first place. I guess that is one of the reasons why the whales and those who are smart players or institutional players will always have an upper hand in the market. People tend to chicken away when everything is going bad, rather than looking for the opportunity within those moments for their own good. If price descends that low to the bottom of the descending wedge, then it just makes it a great time to be buying into the market. |
|
|
|
Start crypto trading now is less risk than previous month because all crypto already going down to 70% to 90% since January, and when the price going down to that low will be have probability to going up to the highest again. I just understanding about price action of crypto and should be i sold all coin in december and buy back right now.
Well, I would not consider it something risky if you know what you are doing. Every time is risky as long as you are trading, and the only time it gets at least a little bit easier is when the market is in an uptrend, which for now it is not, and that makes people with less experience and knowledge to get battered in any downtrend market easily. For an investor however, it is a good time to be buying any market as long as you believe in its long term prospect and the market is down enough to get in. At least, it is still far better than joining FOMO. |
|
|
|
This is probably my 5th time changing coins. At the moment I dump coins for dash , verge , and eos. I'm hoping for returns for the year. I am not looking for monthly returns anymore but yearly. I'm not bullish on dash or verge. But hopefully I get lucky.
I dump all my bitcoins and dump all my ether. Saying goodbye.
why don't just hold and wait  i thought everyone saying year end price will rise? latest news starbuck accepted crypto  Unless maybe the coins he has been holding are not worth holding, then I would say he is making a good choice. However, I wonder why of all coins, he would be looking for hyped coins like verge that everyone is trying to get out from. It is one thing to be leaving an investment for another, and it is another thing to be entering a better investment. Anyway, it is his risk to take, and for what it is worth, I would rather go for altcoins with at least solid community which has gone down hugely than Verge. Dash and EOS though is still a good choice. |
|
|
|
I think that ICO scammers will not just take off with your invested money. Probably also they selling your ID. proof of Identity + Selfie + proof of Residenz Uploaded KYC ID documents + selfies and address data are sold with large quantities on the darkweb, which are probably collected via scam projects. What do you think?. check these screenshots for example  This adres http://wallstyizjhkrvmj.onion where they sell that shit We just have to lose money just to lose kyc for ico scam. So I think kc when ico is not successful is not really necessary. We have nothing to protect ourselves, no law. Too easy to make a scam behavior. That is not what this is all about. This is about those who were a victim of a scam project and they did not just lose their funds, but their data from KYC is being sold in the dark market for a lot of money. In that vein, there is no way someone who has been in such category will not feel betrayed by the system but this is pointless. What anyone should be doing now is to focus on not falling for such in the long run. Once beaten, twice shy! |
|
|
|
Become a professional trader by learning trading basics and advanced basics. The next step to learn strategies and gain experience in implementing them. Because what you need to know to start day trading. I think to learn basic trading then open a stock broker account. Find a good online stock broker and open an account. Read books, Read articles, learn to analyze, practice trading. Other ways to learn and practice trading.
Learning actually cannot be over stated because there is no way you can get the best from trading without it. A lot of people always skip this part which is the reason why I classify people in those categories as gamblers. Without knowledge, how do you want to have a strategy when you certainly do not even know how to analyze a market and plan based on that? It is always a good thing to learn, understand the basics and all that is needed, and then practice for a while using demo accounts or paper trading technique to get a better hand in the long run. |
|
|
|
Binanace is great, I have never had any troubles with them, trading, deposit and withdrawals are processed in a timely manner, and I think their security is great also
A lot of people who have been stating they had problem with binance so far, if you check, they are always the cause of the reason why they have issues with binance. Since I have been using binance, I have no complain when it comes to deposit or withdrawal, customer support which I have even only used once as there has never been any serious complaint, and for the fact that the fees alone is a top notch compared to other exchanges, what is there not to like? |
|
|
|
I notice when i explain "what is bitcoin and how bitcoin will become the huge payment system" to my wife(who didnt know anything about bitcoin). Then she states something that i want to share. Its from newbie in cryptos yet experienced in bank economic.
Do you think bitcoin wont be accepted with so many zeros in BTC or satoshi unit? For the price to be used in daily payment. BTC is so complicated to understand widely. Think this with a point of very low degree of education.
I think we need to invent something more stupid-free in btc currency unit.
Kindly share your thoughts. 😊
First point here goes that bitcoins are not meant for low educated peoples and only experienced and working peoples can get it much accurately. We have very low chances of making some changes in bitcoins to make it more easier and simpler for the globe to understand but it would ruin the importance of bitcoins then. Bitcoins are great as they are now and they do not need any major changes. Just the peoples need to adapt bitcoins for their betterment. Also an experienced person in terms of cryptocurrencies would never make mistake in the amount of "0" the transaction has. (Commonly known as satoshi) |
|
|
|
What is bitcoin? This is the first cryptocurrency that Satoshi Nakamoto opened to the world in 2009. And if even before 2011 it was used exclusively by programmers, then later it became available to ordinary users. Over time, more and more users of the Internet began to learn about it and investments in bitcoin only increase every year. There were times when the value of this cryptocurrency did not move from a dead point for a long time, as well as there were sharp UPS and downs.
It is interesting to know how many people have known about bitcoin since 2009 and how long have you been investing in bitcoin?
What percentage of the profits is brought to you by early investments in bitcoin?
The profit in cryptocurrency is really good because there are a lot of wealthy gentleman today who invest on bitcoins when the market price before is still very cheap and now they are very lucky to become millionaires. I had no knowledge in the beginning about the crypto world but now I have learned how it really works and now entering into it after making a proper plan. I have no profit from here yet but these days I am working and setting for investment as the market of Bitcoin is available encouraging us to buy which is in our benefit. You also invest here but listen you have to make the knowledge of Bitcoin’s market as your first priority. |
|
|
|
I think cashless society is defenseless from multiple points of view. You don't have anything to exchange in the event that you ever go outside of the web go. On the off chance that you've at any point voyaged you know that it is so natural to get into a blind side where your telephone doesn't work. Also, in such recognize your web won't work as well. They won't have card terminals and you won't have the capacity to purchase fuel for your machine or a container of water. It's too soon to attempt to live in a cashless society.
There are far more benefits of the cashless society. The future of the market and industry is not possible without technological progress and technological progress will definitely give rise to a cashless society. But there are certain lacking points of a cashless society that everyone around the world do not have access to the internet and a complete replacement of cash by the electronic money is not possible in the near future. It can only be possible if everyone around the world has access to the internet. |
|
|
|
I think ripple is the other alternative to ethereum because the company of ripple is still can makes you profitable and also there’s a assurance that your investments is safe because they are one of the trusted company in this business.
a lot of information about this project and its interaction with Western Union. Since the banking system with the help of Western Union is trying to influence the crypto currency, but I think that ripple is really promising. Other than Ethereum Ripple is the best crypto for investment because the market cap of ripple is very high and now made its place in top three currencies. Ripple and Ethereum is shoulder to shoulder and there is a big competition for the second largest coins.in the future ripple will give huge profit to its investor. The prices also low and you can easily buy big quantity. Investment is better with Ethereum and Bitcoin as their prices are high and their future prices have the potential to go higher and higher which will benefit you a lot if you invest now. Besides these two coins there are Altcoins, the Litecoin and Neo which are lesser valuable coins among the highly rated coins but these are highly rated for short term investment, invest here if you like short term. |
|
|
|
The price of every coins is maniulated in some sence. Retain traders can move markets with low liquidity for a short period of time, but it's a market maker who orchestrates the pumps.
For the manipulation of price in favorable direction we need further investment in the current market once the buying rate increases then we will have a market of high value. It would be better if we see this improvement in the upcoming days because we have a lot of coins and now it needs a high market to enrich us with huge profit for which we are struggling here. |
|
|
|
It will never happen. The government will accept the bitcoin when and only if the government finds a way to control the bitcoin in the future. that bitcoin is decentralized. the government can never control bitcoin. I am sure 100% of the government will never accept bitcoin
There is nothing which you cannot expect to happen and that there can be a time when you hear such news in which the government starts supporting these crypto currencies but even then, the government will not leave the paper currencies and that the people living in such countries will then be able to make use of either of the currency based on their own choice. |
|
|
|
The price is much low now. So, if you want to invest then go for it. In future you may get more opportunity to get more money.
Yeah you are right, this the right time for investment. The price is low and the golden chance for investment. If I have money I will invest all in bitcoin because if there is only one big pump I will be millionaire in the future. Bitcoin is only hope for our bright future. No other business will give you such a huge profits like bitcoin. waiting for several years will be wothed if bitcoin price rise above $30k.moreover if we buy bitcoin a lot right now and hodl it until at least 2020, we will get huge profit from it. In this downtrend happen to bitcoin most people are now performing panic selling even its resulting to lose thats a reason to give up or quiting to crypto world, well this is not the end of crypto world I see this as an opportunity to buy more bitcoin hoping the event happen in last december 2017 will happen this 4th quarter of the year. I see this is as an opportunity too because I can buy more bitcoin at the low price and perhaps, I cannot see this price again in the future. and actually, this is a good chance for new people which want to buy bitcoin and after they get bitcoin, they can hold it for a long time. and for people which selling their bitcoin because of panic, they will regret that they make a wrong decision to sell their bitcoin because after this season, bitcoin price will rise again and they don't have any chance to buy bitcoin because the price will start to increase higher. About the current market investors who had invested are now thinking to invest with more amounts and the reason for which they are looking for further investment is to make a large collection of Bitcoins. And it is true that once we enter into a high market value then our maximum amount will depend upon the quantity of our coins but this is only possible if we survive till high market. |
|
|
|
This year is very bad for bitcoin so far because the price dipped about $14000 and thousands of investors lost their money. Now they are waiting for increase in the price so that they would be able to recover their deficits. They will have to wait for long time because the price is still below $7000 and it will take to regain its previous peak. For new investors it is best time for investment.
Well the price has briefly recovered to $6500 from around $6300. So I guess investors are bottom fishing. It won't soar though till members of the general public are tempted back in, and that might take a while. Price today is very good and we saw increase about $1000 in last two days. Two days before the price was about $6200 and today it is more than $7300.It means that now the price is on the way up and if this growth continuous for some time, it will recover all deficits. To see this growth more and more people will invest in bitcoin and the price will grow more. Yeah it's because of a good news on cryptocurrency recently. It makes the price of some cryptocurrency increase 10-20% today. It might be a sign of the market recovery in this year, I hope no more crash in this month at least. I want the price of bitcoin reach $10k again. Sounds like we are not far to have a high market and may be we enter very soon as said by experts that the Bitcoin will have achieved higher 30k US dollar price in the next 5 to 6 months which is not too far as we are in long term so it is not a big time. Now analysts are also analyzing bright future days for the Bitcoin and they say that those people who make large collection from now will be in maximum profit. |
|
|
|
The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.
This is one of the funniest things I have ever seen today😂😂. Who told you that they are afraid of Bitcoin. I even saw one in my country talking about learning Bitcoin and getting into it to invest money and make profit. So they are not afraid of it. Assuming that Bitcoin becomes our currency the we are all finished, especially those living in developing countries, cause their leaders will use it as a means to steal from them. |
|
|
|
You can give anything on charity and that is something that they will accept.
There are world class charities which accept only few currencies and now we are in the modern technological world and the cryptocurrencies are most valuable though unstable but it is understandable if you know how to handle. Those charities which are accepting the Bitcoin may have a team which will take care of it because it is something which needs knowledge and extra care. |
|
|
|
You should be more patience in cryptocurrency, market get falls but it will can recover. You should wait for the time that makes it pump. Dont be panic in selling.
The panic is harmful. A man in stress makes serious mistakes and loses his money. It is very important to stay calm when the situation on the market is bad. A man is stress of what, there are no restrictions in the market and if there is any other external pressure from someone then that is another case. Now this market has no restrictions for us and we can make our own decisions but decisions should be correct and you should be aware to perceive things well because following right paths and right decisions will make you survive here. |
|
|
|
|
Show Posts
