How risky for beginner to invest in cryptocurrency? What kind of risk factor and what are the precautions?
It is high,very high. I wouldnt suggest you to invest into crypto before you understand the whole market and do decent research about coins you are planning to buy Newbies are much more likely to get scammed, as they often trust the promises of crapcoin sellers. I always recommend the beginners to avoid investing all their funds into one cryptocurrency and make researches before buying alts. |
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Are you surprised at the price of ETH? what is the reason?
I am very surprised about the price of the Ethereum. I bought a lot of coins earlier this year and waited by the summer to see a good profit but the price dropped significantly and does not want to grow. |
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The rapid growth of bitcoin in 2017 has brought huge benefits to long-term investors. I hope that the BTC will begin to grow slowly in the next few years to restore people's confidence in it.
Strange question but I will answer. I wish to see how Bitcoin is growing rapidly as I have been holing this cryptocurrency for a very long time. Honestly, it seems to me that the time for its gaining must come soon. |
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if you try to make a profit with your daily trading it seems to require skill that you can help for your trading capital in order to know the right time to buy coin and sell coin.
Without skills and experience, you will be a loser until that you are exactly this lucky guy that was kissed once buy Mrs. Fortune. Day trading is very risky. |
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For sure it is able to affect the fee of all crypto currency particularly the bitcoin rate will boom extra.
there are many prediction about the bitcoin charge, the opposite stated it could attain $50K or $60K but for me it's too high, I suppose before the quit of the yr maybe it's going to attain $20K.
I am not such a great optimist like you, bro. You really think that Bitcoin has the chances to reach 20 thousand this year? I suppose it will not happen, unfortunately. But 15000 maybe in December. |
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It's a very good amount for an airdrop profit. Even bounties don't make you earn that much.  To be honest, I do not believe that somebody could earn 3,5 thousand on an Airdrop. Probably, if you participate in several Bounty programs, the income can reach a thousand or even more. But Airdrop...unbelievable. |
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My best option at the moment is PCL, which is not too high a coin value, is based on the idea of technology by a great team. At present, PCL value is increasing while many coin is tending to decrease sharply. Very likely, in 2018, PCL will increase very strongly, creating a large profit for investors.
I believe that some popular cryptocurrencies have more chances to go up. I guess that Cardano, NEO, DASH, and Ontology will grow much. Besides these altcoins, there are some new cheap good alts like Gladius and EIDOO. |
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i hope and i think every one hope this July, history will repeat, look at the chart from july 2017, its start mooning from these days until end of year,,aamiin
I also think that the history will be repeated. Of course, everybody worries about Bitcoin price as we are all waiting to earn some more money. However, I suppose it will be better to wait a bit more. |
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Recently there was a split between the team behind MEW and a new paper wallet site opened up. Is MEW still safe to use with a Ledger?
I haven’t been using MyEtherwallet for a long time yet. I changed this service on another platform Metamask. In addition to it I use hardware wallets, mostly Trezor. On my mind this is best way to keep money securely. |
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Some altcoins may disappear altogether from the cryptocurrency market for such a period of time. It is necessary to carefully approach the choice.
I guess that the top-100 altcoins plus Bitcoin will not disappear from the crypto market. That is why I would better give you an advice like then: buy them. |
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I've made much more money trading Altcoins than Bitcoin maximalists have made hodling only Bitcoin.
For me, dealing with the altcoins also brings more money than investments in Bitcoin. Therefore I am going to continue buying alts for the better profits. |
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Do you really look for a long term profit, like the people who had bitcoin in 2014 or are you here trying to get a quick buck with a minimum effort?
Long-term holding is the only maybe last thing I really believe. And for me it is much more interesting to put my money into some asset for a long time than flounce from one side to another looking for better opportunity. |
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This is a very interesting project that will interest many investors and gamers. I like this idea and I will observe how the team develops the project.
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I want to invest 500$ on altcoin but I really confused on which coin I can invest and my investment will be long term. Please experts help me to choose altcoin to invest.
Looking on the way the author of this thread is asking for an advice I have thought that he is not experienced in cryptocurrencies. In such cases it is necessary to choose those things that others choose. |
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Using Binance at the moment. Is that one of the best, or there are better ones? I live in Sydney Australia by the way.
And which exchange has the lowest fees?
And do I need to provide photo ID etc to join them and to start buying coins?
Thanks:)
Binance exchange is definitely one of the best services for trading coins. At this service you would find coins which are not represented on any other well-known platform. On my mind this is biggest benefit that this service offers its users. |
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What you are saying can be true, or can be false, we dont know until it is proved later. But up till this time, bitcoin always recover and come back from the dead and even rise higher in price than before. I learned from my experience, and believe that bitcoin price will increase again, maybe to new all time high.
Guys, stop this panic immediately! It does not help you. You can make a mistake and sell all of your cryptocurrencies that you have. I am sure, this is a temporary fall, and the market will start to recover very soon. |
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like most of the members say on twitter and reddit it is better to stay away from bitcoincash there will be lot of speculation and dump happening on that coin
I am also on the side of those people, who prefer to stay away from Bitcoin Cash. Honestly, sometimes it seems to me that it is the big bubble. I should better invest in Bitcoin and Ethereum plus ADA, and TRON. I also do not understand those guys that are very excited about Bitcoin Cash, This bubble will finally burst. That is why there is no reason to invest in it. |
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ZCash is a very lucrative coin, when many people just think bitcoin and ethereum mining but for now ZEC mining is the most profitable thing, and I'm sure with the stronger community then this year the price could reach $ 500.
I suppose that Zcash is the best cryptocurrency for mining as you can earn really a lot doing it. I do not think that this is the coolest altcoin but I believe it will cost more in future. |
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I think the future of Cryptocurrency is very dependent on the culprit, the more people believe in Cryptocurrency then Cryptocurrency will quickly develop. and vice versa. if it is no longer a person who believes in Crypto, then Crypto will die.
I am sure that the crypto will become the main currency in future. It will be used together with fiat. I think that all people have to hold altcoins and Bitcoins. |
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I suffered a loss of about 25% of the trade I did. I suffer a loss from the STQ token I am trading on an indodax exchanger.
All of the altcoins that I hold have lost a lot in their price. I suppose they are at least twice cheaper than in January. That is why I do not hurry to sell them. |
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