Hi guys! I have been hold my BTC for a long time but now it's completely down and I started to think about selling it. My friend is very good trader and he advised me to keep all my BTC now and try to get some free coins from different forks because when BTC will be completely down forks will be more actual and valuable. That's why I am here to ask you how to get that fork coins for free? I have found very good fork calling Bitcoin Interest but I just can't understand how to do that. Tell me please the best way to do that. Thanks in advance !
You have a full rights to decide between sell and hodl, I'm sure no one in this forum will tell you to sell bitcoin in this situation. I think it is a tradition when the price drops, the thread in this forum will be filled with confusion between hodl and sell, and it has become a tradition too the people in this forum give advice for hodl your bitcoin. I just thinking, if someone who invests with his knowledge about bitcoin I'm sure that person doesn't ask like this.
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I would not recommend you to get rid of Bitcoin. First, Bitcoin is the most stable coin. Second, Bitcoin has already $170 Billion market cap. Lastly, Lightning Network is on it's way to Bitcoin this will make the transactions more faster and lower fees.
What do you mean about bitcoin is the most stable coin? Can you see the movement of bitcoin price from year to year? For example in this years, at the end of December the bitcoin price touched $ 17,000 just need a month bitcoin price deacresed to $8000, is that what you say is stable? I think is no.
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I do not know the real reason why bitcoin prices drop this big. but I see a graph every year that every year the bitcoin price always comes back at the time of bitcoin prices in November of the previous year. perhaps this decrease is the cycle of bitcoin price movement. However, I think that the correction of the bitcoin price is now a virtue for the future of a digital asset such as bitcoin.
The real reason bitcoin prices deacresed in earlier this year is the number of investors who sell their bitcoins (they use panic sell) because of government decisions and some companies that do not accept bitcoin. The latest news circulating in various media is government of India bans bitcoin, and then facebook prohibits promoting everything about the world of crypto or ICO. I feel this is why bitcoin price deacresed.
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as of now, bitcoin price is less than 9.000 USD, and the graph is really bloody and still falling. what is your plan for your bitcoin? sell now or buy more and wait for the rocket?
If I sell my bitcoin at this time, I'm sure it is the wrong way because it's not my investment strategy. In contrast to my way when trading, I will sell as soon as possible. The right way for this time is keep hodl and stay calm. If I have a lot of money in this situation, I'll buy bitcoin as much as I can.
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Somehow I known that every years first month bitcoin falling down, and then finished the January months bitcoin go with his own speed. So, first month (January) end, now 2nd month of the year 2018. Now can be rise as like 2017? or few months ago. How says expert research!?
After a few things happened, the price of bitcoin was strongly be affected by the various information that came to the world of crypto. So me myself 75% if analyzing the movements bitcoin price with fundamental analysis. About your question I will answer bitcoin price will go up in this mont if there's any good news or information coming to the world of crypto. For example, microsoft will reuse bitcoin as their payment tool. With the result that bitcoin price in this month will go up, I'm sure for that.
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let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2 2012 jan - Aug: -36%---> From from $ 7 to $ 4 2013 Mar 6 -11: -25%---> From $ 49 to $ 36 2013 Apr 10: -79%---> From $ 266 to $ 54 2014 Feb 24: -49%---> From $ 867 to $ 439 2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869 2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972 2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
I don't know exactly. Because every crash must be caused by some things. As in 2018, with the popularity of bitcoin has made the country to immediately regulate it, and after knowing what is bitcoin they forbid it. And the latest information is facebook prohibits to promoting about ICO and cryptocurency. Your question about will continue or not depends on the information that comes to bitcoin or cryptocurrency. In fact, for 2018 many big companies decide not to work with bitcoin, I think this is very bad news.
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If you often to see the price movement of coin in cryptocurrency I am sure you will consider choosing bitcoin for investment place. Me myself believe the best coin of any coin in the crypto world is bitcoin. Because, bitcoin has a major effect on altcoin price movements. If bitcoin increases in price then altcoin will automatically rise as well, and otherwise. So, if you do not believe you can check on coinmarketcap and do your own analysis before deciding to invest.
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The number of bitcoin is only 21 million, is that enough for the future? given the vision of bitcoin to become world currency?
what do you think of this?
If all countries in the world decide to regulate bitcoin as the currency and use for all transactions, with the amount of 21 million btc it will not be enough. Because, everyone will be interested to having bitcoin, the impact of demand on bitcoin will increase and make the bitcoin price will be very high. This situation for people who have little money they will not be able to get it.
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Exactly yes, bitcoin has become popular in the year 2017 a layman who has never heard about bitcoin, and then they know bitcoin. But there are some things to be aware when bitcoin becomes popular, that is, the number of countries that regulate bitcoin and ends in bitcoin ban against the country. Because the reasoned bitcoin is not clear its origin, and volatile price can not be called as a currency. In other hand, more and more the bitcoin users impact on the transaction process. Bitcoin transaction system is only able to process transactions 3-7 in one minute, so the number of transaction processing is delayed. As a result, large companies such as Microsoft decided not to use bitcoin as a transaction tool anymore, due to the slow transaction processing and high fee per transaction. Therefore, bitcoin is not yet ready to become popular.
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both profitable, but according me mining is best option but it takes your time for mining, so hope everyone say this.
Sorry I didn't say like with you. Because to buy mining equipment need a lot money. You know what? since the bitcoin to be a popular in soceity all computer tools to support bitcoin mining rise up dramatically, so I didn't have much money to buy it. In contrast to investment, whatever amount is still able to make an investment. For income between mining and investment there is little difference, that is greater mining.
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Yes, until now investment on bitcoin is very promising. What we know bitcoin prices are so volatile, so many people are confused when buying or selling bitcoins. I'm sure everyone will be the same when buying bitcoin wants at lower price, so when bitcoin goes down they will continue to wait until bitcoin decreases again, as well as by selling bitcoin they will get confused as well when selling it, when bitcoin prices goes up, they will wait for bitcoin prices until more up. My strategy of investing in bitcoin is, I choose short term and long term. I mean, when bitcoin price goes up I will exchange some, not all bitcoin I have, to provide for my daily life then I hold back.
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Guys, I think in future bitcoin will fell down and Instead of old blockchain technologies will come new and more large-scale projects. Bitcoin It is just the beginning.
I don't understand why some people when bitcoin prices go down they assume that bitcoin will die, or bitcoin isn't worth anymore. And when bitcoin prices go up to a few percent in a few days they'll say bitcoin go to the moon, bitcoin rises to 40k or 100k, I really don't understand that's what it means. You just will be worshipper of bitcoin when price has goes up, and you'll be haters of bitcoin when price has goes down.
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I saw the bad news about the bitcoin ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) , I feel unhappy because I'm going to invest into bitcoin ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) . Whether it booms again or continues down to death. Should I start with $450 now? If it's possible, please tell me where to begin. My colleagues advise me to use ETH, but i just found another name Nextycoin. The Nextyplatform seems to new, i wonder it will lead more oppoturnities, by contrast, ETH's old and likely to more reliable. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Which one should I choose? Anyone gives me some info. about them or other names, pls. Thanks ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It would be very complicated if you intend to invest but just from the advice from some else. Every investment place does have a risk, esspecialy in the world of crypto. I suggest to understand first before investing, investment in the cryptocurrency just not BTC and ETH, there are still many potential coin with the amount of money you have. For example NEO whose price is still around $160 and for me NEO have potentially for investment place. Because at the present time bitcoin and altcoin have decreased but NEO rise up 10%.
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Hey guys
Just wondering what others normally invest in each ICO they invest in and see what the rough average is
Thanks
For investing in ICO I never spent much btc. I do not dare to take much risk for projects that have not gone wrong and have not seen success. I invested in ICO, if the ICO held a signature campaign and paid with bitcoin per week. From pay-signature campaign I always buy it for ICO. As like for this time, I join with the signature campaign in Aida Service and automatically I have invested ICO Aida.
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How Bitcoin Can Change The World?
Sure, there are some things that will make bitcoin change the world. 1. Bitcoin as a global currency, if all countries accept and regulate bitcoin as a legal means of payment, it is not impossible that it will facilitate humans when outside the country. 2. Bitcoin be in confinement to blockchain, I will say blockchain as the next internet of transaction. Inception of blockchain look like the inception of Internet 30 years ago, and now human life can not be released with the internet. And I'm sure this will happen to blockchain in the future.
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In your opinion when do you predict alt coins will be stable again?
If I hear coin in the cryptocurrency have a stable price, it's like I hear a tree blowing in the wind but the leaves are not moving at all, that's impossible. Ever since I know the price of coin in the world of cryptocurrency I have never seen the price do not move. This condition should be an opportunity for you to buy and sell. So, every day you are required to see altcoin price movements.
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definitely HODL! Now the tourists are gone, and soon the growth will begin.
So, if we hodl bitcoin we have when is a good time to sell it? This guy has 70 bitcoins when the price is $7500 and now bitcoin price has already reached $12000. We calculate his income now 12000-7500 = 4500x70 = 315.000, this profit guy is $315,000. So my advice to this guy is to sell half the bitcoin he has, it's a fair way.
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I read about blockchain just like reading the history of internet in 30 years ago, that is when the US Defense Department, U.S. DARPA (Defense Advanced Research Projects Agency), decided to conduct research on how to connect a number of computers to form an organic network. So that created the internet, and its effect to human life is very inseparable. Likewise with the blockchain now that we can call the next internet of transaction, which will facilitate humans in doing everything. In other hand, blockchain exists because of bitcoin, so if the blockchain is successful in the future it is not impossible in the future cryptocurrency world will be used and needed by human life.
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I have never seen bitcoin price stable, every second, hour and day always change up or down. And now bitcoin users are getting more everyday, so everyday there will be people who sell and buy. In other han bitcoin price is strongly influenced by various information that come to the world of crypto, therefore bitcoin price in the future can increase and deacrese I don't know exactly, and no one know about it.
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Any predictionist that predict bitcoin will bullish run up to 20k$ this year ? Year 2017 bitcoin hits 20k$ but dramatically down at 11k$ ! Looking for advice if it is good to invest in bitcoin or nahh ? Your suggestion is highly appreciated ! Thank you !!
Well, I will try to predict it. If we look at the growth bitcoin prices from year to year I'm sure bitcoin prices will be more reaching the price of 20k. For example, bitcoin prices by the end of 2016 cost only $900 but by the end of 2017 bitcoin prices could reach $19000. If using technical analysis I'm sure it will reach over 20k.
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