When people hold they want to make money and depends on how good their skill to speculate then they decide the range of holding, I am the third type which hold for long time and find the opportunity to make big profit, but when the market is good I am number two holder, I like trading but I don't really have time to keep on update the situation to trade
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I don't mind the to pay taxes if the government used it in a good way, the taxes could be used in a different ways to make our lives better, like free health insurance, new school building, or even new transportation project, and the most important it's being used to control the inflation, without tax income the country will fall apart
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Yes the bear mode is something that we can't avoid, the bear mode will create a chance for investors and traders enter the market with lower price, so it is a healthy thing to see a bear trend, as long as that trend doesn't last for a long time, if it's too long it can destroy the investors trust and it could end up bad for the coin
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Your Telegram Username: @xuan87 Your Btc address (same as on form): 1ZDYYKayuSXTavSA6TKkDgKN4R1v4KZHa
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I think Bitcoin and other crypto become well known in 2018 but it still can't be said as mainstream because there are still some rejection and the fame still not too big, it will need more big companies to support or the approval from the government
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Yes bitcoin is the best crypto, and the one that makes most people losing money is because if the panic sell, and we already got a long bear trend, so soon we are going to enter bullish trend, and I can see so many support that ready for Bitcoin, so just hold your coin and you will see the result soon
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People need to have more faith in Bitcoin and don't get caught in fud news that can caused panic sell, of course Bitcoin could go even higher, a lot of economist believe that Bitcoin will become bigger in the future and look by the fact that so many people are enthusiastic about Bitcoin, I think Bitcoin price could go very high, Bitcoin just need more support
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With regulatory body there will be less coin and hopefully it can decrease the fraud coin, but people prefer crypto to be decentralized, infact most of investors like crypto because its decentralized, so even I think regulatory is going to give positive effect on the investors, but I think the investors prefer a decentralized investment
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Crypto currencies could be global transactions so it's very easy if you want to business globally, and beside of currencies it also can be used for trading and also for investment, and crypto is very famous for investment, crypto become famous because it can be used for multiple thing
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Exchanges is not the place to store your coin, only store the coin that you want to trade in exchanges, exchanges got a bad reputation to hold coins, and learning from experience, exchanges could be a dangerous place to store your wealth, don't lazy to move your coin to wallet, it's better to do extra work rather than losing money
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It's great to see more people are interested in Bitcoin and even the radio station already advertising Bitcoin, it sure can introduce Bitcoin to other and increase the fame, in my country the radio station ever mention Bitcoin, and explained briefly about Bitcoin, but in the end it got caution message, to be careful to invest in Bitcoin, it's a very risky investment, the same thing that the central bank message to all people that want to invest in Bitcoin
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That is a fantastic advice, but I still doubt about out 50% into Fiat, sometimes good opportunities comes without knocking and at that moment we need to seize it with everything we had, playing with risk sometimes can give bigger reward, and I already separate my daily usage and for my trading, so I don't really need to cash it out, so I think cashing out to Fiat is not a good idea for me, but for the rest I am totally amazed by your experience
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Teach them to become a good businessman, become a businessman is totally way better than become employee, you work harder then you can receive better, if you become employee, you work harder, your company that the one got better, and there is an age limit to become employee, but you can do business until you are willing to retire
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I also believe it can hit 20k, it's just need some time to hit that point, recently there are so many obstacles that barrier Bitcoin, but I know that there are a lot of people still believe in Bitcoin, and even University want to start to learn Bitcoin, so it got a bright future ahead, and if the government smooth the situation then we will reach that number soon
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Maybe it's a bit more risky, because when a coin is out of 100, it's mean the coin is not too popular and the investors are not too pay attention with that coin, so the developers and the marketing need to improve that, but even with that you still can make profit with it
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Yeah that is a good list, and everyone need to know the basic things before invest, beside of that you also need to see the goal of the coin, and also check the team, team is one of the important element, check how they handle the investors and how they introduce the coin, join their group, check their site, hopefully with extra research you can avoid being scammed and can be rich
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Of course you need to sell your crypto and settle the emergency situation, you maybe losing profit for future which you don't know whether is going to happen or not, but the emergency thing is happening, so you need to be logical and settle the problem, don't because of afraid losing profit you act foolish and create another problem
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I don't think it's going to happen soon, crypto need to he regulated by the government first before big companies like Toyota or other big car companies can accept crypto, because the companies going to deal huge number of tax with government, and then the companies will need time to evaluate whether the acceptance of crypto could be giving benefit to the company or not, we are talking about big numbers in here, if the price fluctuate, go down 1000$ a day, it's going to caused big lost to the company
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Of course everyone ever being panic mode, when you just start out, don't know the situation and suddenly you heard the bad news then you will be think to prevent more lost, and you can sell without thinking anymore, when you just beginner you tends to made that mistake because you still don't know where to find the reliable source of information and you still don't have any experience to deal with the sudden situation
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I think neo will reach it first but maybe not this year, a lot of people are more attracted to neo and consider neo as a good investment, LTC is a good investment but the support is too weak, the price also not moving too much, LTC has been undervalued for so long and until now still no sign of getting up
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