I will hold the bitcoin I have. probably not by buying bitcoin again. I'd better buy altcoin and hold it for a long time. because the market will be stable again.
I am also not going to buy Bitcoins now as I have enough of them. However, I will not sell anything - I am sure that when you are holding BTC, you have all the chances to get the best profits with time. |
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So that you can make the ICO creators rich and they can take all your money and run away. I can never understand how people can trust a project at such an early stage with unknown devs and no working product. But I think within an year or two people will realize this as most of the ICOs are nonetheless failing already.
Man, people simply believe in their luck and experience. They do think that they have many skills, and nobody can deceive them. That is why, hoping to get huge profits, these guys risk with the money. |
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What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
You will make the better money exactly trading these cheap altcoins. They are growing faster than more expensive cryptocurrency. You can check the list of gainers here: https://coinmarketcap.com/gainers-losers/ |
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Hi, I am a crypto-hamster and bought bitcoin when it cost 17,000 and decided to trade on the Bitfinex exchange withe margin.
In this business I was not experienced, so I followed the advice of different traders and their signals.
In the end I lost 10 thousand dollars when bitcoin fell to 6k , but it was money that I was ready to lose, i.e. free.
Now I do not have the desire to trade, but I want to earn money on crypto currency, because it's interesting and I believe that the future is for the crypto currency.
Now I want to try to make money on bounty programs.
And I want to ask you advice in this difficult matter. Where to start, and is it profitable at all?
Sorry to hear that my friend because 10 000 is a big number I think there are 2 options. You can either use your experience to start again on another chance or just leave this violated market The guy was simply unlucky. I would better recommend him NOT to sell his Bitcoins and altcoins but wait for a long time when the cryptocurrency will grow. In this case, the loss will be less definitely. |
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Personally i would love to choose long term trading also because it doesn’t demand time to watch market fluctuations all the time. It won’t affect my daily routine and schedules i used to do, only the time will bring you to profit earning, as the time goes by your money invested in longterm trading will surely reap profits
Yes, you are right, bro. Long-term trading does not require much time. Day trading does. However, these days, when the market is not so very much stable, I have started to think exactly about the second option. |
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How much of an increase is considered as a "bull market"
I am not sure, but it seems to me that most of the coins must start gaining very fast. The market must be green for many days, and alts should grow all the time. |
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I dont know if it is just me or others also experience it. I always set goals financially, set limits in spending and trying hard to save but most of the time no matter how i tell myself to refrain from spending in unnecessary things whenever i see something i really like even if i dont need it i cant resist buying it that cause me to regret later. Are you familiar with this situation?
With the advent of crypto currency, it is easier for me not to buy unnecessary things. Now, instead of buying unnecessary things, I invest my money in promising coins. |
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Is buying ETH currently a good idea, or should I be going with Bitcoin?
Buy Ethereum and don’t be bothered by its future. Ethereum’s developers are constantly developing blockchain technology aiming the highest level of transaction. Supposed speed of ETH transactions must to be like Visa or Mastercard has it. |
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I haven't noticed much of a change for the better. Only see that the rate does not recover to the point where it was worth 19000. I think I don't see anything good yet.
It seems to me, nothing new is happening. As usual, the coins prices are swinging. If today they are green, tomorrow they can turn red. Of course, I wish to see how the cryptocurrency is constantly growing. |
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I usually find good cryptos by exploring cryptocurrency related forums and youtube channels.
Me either. It is a good idea - to subscribe to several Y YouTube channels that are devoted to the cryptocurrency. As for me, I take this information here: https://www.youtube.com/channel/UCkpt3vvZ0Y0wvTX2L-lkxsg |
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Only with bitcoin's consent  Ripple has crashed from $3.20, now it is $0.78 look at that bubble  It might take a lot of time For this bubble coin to rise to $3 again. Although I am not a great fan of Ripple, I guess that this year it will reach the price of a dollar and probably, it will go growing further. I am not sure that it will cost 3+ dollars again, but it will gain a lot. |
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eth is back to good growth. I believe eth will return to the 2k mark and the end of the year will reach 5k
I hope that it will reach 2 thousand this year but the market of the cryptocurrency should recover. Will it happen? It is difficult to predict as the whales are still manipulating the crypto prices. |
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It's ridiculous that the interest rate they give you is 1.3%, and the interest rate they charge to others may be 8% or even 10%. For years, the obvious fact is that you have to put money in the bank to devalue every day, because the interest rate you get can't resist the rate of inflation at all.
Since the times I started to deal with the cryptocurrency, I forgot about the banks and the credits. Crypto gives me enough not to do it. I love trading business. |
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Retrace your trading. There's this called "purging" that I learned from a popular trader that's very effective. It means you stop trading for a certain period of time, up to you. Whether you gain or lose you must follow this plan so that you lose ur biases in any given trades. Plan ur trade and trade ur plan. That's always the general rule. Live and forget.
Good advice. Now, after the great loss, you have to stop for awhile and this over the strategy that you use when trading. Probably, you have to make some changes in portfolio. |
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You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps
I would advise to hold the coins you invested in. But in troubled times on the market you can sell coins. When the situation becomes more understandable, you can invest again. Risk management is not only profit, but also an opportunity to save your trading account. True. For now, I am holding, but if these trouble times come, I will sell the coins I do have. When I hold crypto, I know that it is growing in the price. The longer you keep it, the higher the benefits are. |
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You have briefed the crunch of this answer. Basically bitcoin is an emerging currency that will be prevailed over the world in next couple of years. Future is all about bitcoin and then whose oven will have bitcoin in their pocket, people call them lucky. When you started this topic the price of the bitcoin is 8000 dollars but if you see the price today it will become and now is 16,000 dollars so your money will double also if you buy bitcoin on that day
Bitcoin will remain the leader for many years. Its market cap will be only growing, and BTC will be gaining all the time. I think this is the correct answer to the question that was asked in the post. |
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Price is one factor to considered before having such decision of getting involve in crypto. Crypto investment really needs time, deep knowledge and patience to be successful.
And looking crypto market it looks like it keeps on moving and I'm pretty sure people are looking good with their investment today.
Those guys that were not in time to buy the coins when the market was very low, should hurry up to get the currency now as in future all the alts will go to the Moon. |
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I have heard a lot about the role of a community united around a project only in connection with litigation, when it is easier for the collective of people to get something in court from a fraudulent organization. |
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Ethereum is great currency. Don’t lose ETH coins you have they will rise believe me. Ethereum developers constantly improve their currency and make Ethereum blockchain more and more advanced.
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To get rich quickly on cryptocurrencies I think it necessary to be a very lucky person. Certainly such qualities as intelligence and experience are important. But for the rapid enrichment you should be lucky.
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