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It all depends on you and on how much you can afford to lose, but for me $100-500 is enough for you start your career in alt coins. Just split it into 5 or more coins and focus not only on one coin, in this way you have many options like when one coin dump you have other coins that might be rise. But first you must know which coins you will buy and hold, read on threads here what coins have a good feedback and potential. By doing this there is a higher chance for you to succeed and earn a lot of money.
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Just keep on reading on threads here in the forum and commenting on threads you would like to participate, by doing this you will easily learn what is bitcoin, alt coins and the whole cryptocurrency world. After a month of active participation you will earn your first ranked up and that's Jr. Member at the same time you'll have a little bit of knowledge on how to join a signature campaign. The next thing to do is to apply for a signature campaign for you to earn money. And even if you earn you must continue reading and step by step you will learn the advance knowledge like trading and investing.
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Of course the potential of the coin to become successful someday, I'm looking in the concept of the coin too because it's too hard to predict which coins will go pump so by reading and studying its concept will help you to decide whether you'll invest in that coin. You need advanced knowledge too and you must be updated day by day for you to know what's going on to that coin. I know when you have that qualities you will have a good chance to earn a huge profit.
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The best thing to do right now is to buy bitcoin because of its low price and just hold it, we all know that bitcoin faces many trials and bitcoin surpass all of them. The price drop of bitcoin is not a big deal because we all know that bitcoin is the king of cryptocurrency and will raise again. So don't panic, if you are a true bitcoin enthusiast you know this and those people panicked selling bitcoins are just some newbies who want to earn income but not take a risk for probably having large profit in the future.
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The best thing to do is to buy bitcoin when the price crashes and hold it so that when the time comes bitcoin price go high again you'll earn huge profit by selling it. It's risky to buy right now because the price slow go down and no one knows when I will pump again but like what they've said the more risky it is the more money you'll earn. Take the opportunity to buy now and promise you will never regret that decision in the future.
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If you need money right now it's better to sell it and if you want to hold it you must need to be updated on what's going on the project. It's risky and time consuming but when the project goes and still continue its success the coin that you hold can multiple it's value. Airdropped tokens are free so you'll have nothing to loose no matter what happens to that coin but it's better if you earn a profit.
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Just split your capital depending on how much it is, if your capital is about $500 just split it into 5 coins so that no matter what happens to one of your coins like become busted you have another coins to look at. Investing in 1 alt coin is too risky because when the time that coin dump all of your money will be gone. Remember if you want to invest in some alt coins, you must study first the coin and if you feel the will coin will be successful in the future.
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If you have guts to buy bitcoin now that the price is low then go because no one knows what's going to happen to bitcoin in the next months. There's 50/50 chance of having a huge income in the future or getting busted. We all know that all coins are going ups and downs in just a matter of time so the best to do is to become updated everyday because in just a matter of time you can lost all of your money. And risking is just a part of cryptocurrency world, and the more risky it is the better income you can get.
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You will never regret investing on ethereum because I surely know 2018 will be a good year to it and they will make more developments to its system so better to start investing to it than to other coins. Yes no one can predict the future of each coins but in ethereum many people guaranteed of huge income if you continue on holding your ethereum. If you see the growth graph of ethereum it is slowly increasing this past few months and having a good foundation for one of the best coins in the future.
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Ethereum is one of the best coins next to bitcoin and everyday it grows and become popular, yes there are many potential alt coins out there but ethereum is different from them because it has a mark here in cryptocurrency too like bitcoin for being the fast growing coin. So I will still support and keep on investing on it because I know one day it will reach or go beyond what is bitcoin right now if they maintain this good system and add more developments to it.
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Bitcointalk Username: liivii
Rank: Full Member
Current post count: 164
BTC Address: 3AhQBQDu7YT6Q2Z3XjoN6PjA8dYVvk7DPY
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Ang tamang diskarte pagdating sa trading industry ay ang pagiging updated sa mga nangyayari dito araw araw at kung ano ang galaw ng coin na hawak mo, kung gusto mong kumita ng malaki sa trading kailangan may sapat kang kaalaman bago pumasok dito. Kung kaya mong maghintay at ihold muna ang ibat ibang coins na hawak mo ay mas mabuti dahil baka isang araw ay biglang magpump ang coin na iyon at yun ang tamang oras para isell at kumita ng malaki.
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I think it will rise again by next year so don't panic and everything will be fine, the best thing to do is to buy bitcoin right now because of the price drop and hold it until next year. I surely know if you keep your bitcoins you will have a large income.
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That's not gonna happen, so my answer is no and never because what really is bitcoin cash? For me it's just an alt coin that is being funded by some big names and businessmen in cryptocurrency world to get the hype they want for investors and miners to turn away from bitcoin to bitcoin cash because they believe they have the better system and features than bitcoin. Yes maybe they feel the hype of it now but later it will slowly fade and they will realise bitcoin is the king and will remain the best of the best coin in cryptocurrency world.
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Yes day by day bitcoin shine and become more popular so many people to invest here and try their luck for them to earn income in different ways, at the same time many coins appears to beat bitcoin but no one can. I hope next year bitcoin made some improvements to its system and add more features to it so that more people will attract to it so that it will still be the king of cryptocurrency for the next years.
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Maybe some but not all billionaires are willing to invest in bitcoin and it's because bitcoin have a decentralised system. And billionaires will not focus here because for them the income here in bitcoin are just cents of all of their money but for us the small investors and holders bitcoin price is too big that it can change someones life. Billionaires have many ways of how their earn money like stock market and assets, so having bitcoin one of their source of income is just a part time for them.
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It is quite interesting for me that many people become rich through the use of bitcoin and they get much of income through this. Bitcoin is profitable for every one but the patience is must while in the crypto world. those who are rich through bitcoin they are very thankful to this currency and they are now the investors of this currency they have turned all their money into crypto currency.
They have patience and they have determination so they are rich now and bitcoin give surety to all the people to invest and be rich all the requirement is to keep patience don’t panicked and don’t left the side of bitcoin and yeah you are right that bitcoin is giving benefits to all level of investor and I am also mediocre and bitcoin is giving huge hand full of profit to me and this shows it is best thing for humanity, No one knows that bitcoin will reach this kind of price, last last year they did not pay attention to bitcoin so only the people who are devoted and believed are the ones that living their life to the fullest right now, and I'm one of those did not pay attention to it. Yes I regret that decision I've made but past is past so I'm starting my bitcoin life again right now and I'm enjoying it hoping it's not late for me to become rich too, have a better life and achieve my dreams like others did. |
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The general rule of cryptocurrency is if the price drop that's the time to buy coins and when the price pump that's the time to sell, in that way you'll earn money so you must be updated every time if you choose that strategy. But my strategy is just buy and buy when the price is getting low and never sell instead I just hold it because I have a regular job that can provide my everyday needs, so my bitcoins getting bigger and bigger and in the future I will sell it all to fulfil my dreams like having my own house and travel all over the world.
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Trading is the best source of bitcoins right now and if you're one of the people that have skills and knowledge on it you can earn a lot of money. Trading is too risky so you need a lot of advance knowledge before going to it, and i think investing is second best source of bitcoin. Right now I'm into signature campaigns and earning some bitcoin but I'm not removing the possibility to learn trading to become one of the best trader in cryptocurrency world.
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