I am expecting for a bull run now that bitcoin is already a decade old. But if no bull run is going to happen within this year, i will just accept it because that's how it takes to be in crypto investment. Sometimes you will earn some, sometimes you will also lose some.
The price is not going to go up just because bitcoin is 10 years old, we need more than that and since that is not the case then we can expect more of the same for some time, but not everything is bad even if the bull market takes time to come you can use that time to buy more bitcoin and multiply many times the amount you invested when the bull market finally appears. |
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Listen to the forecasts and do not know who to believe. Some say the end of autumn will begin the recovery of the market, others for the winter and cite the facts that it will happen and others say that it will happen by 2020. Guess and no one knows anything for sure.
No one knows for sure what the price is going to do and this is true in this market and in all the rest of the markets, but if you want to be an investor that is something that you will need to accept, if I knew what it was going to happen then being an investor would be extremely easy but I do not know that information and that is what makes it challenging. |
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This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding. Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year. We should still holding as selling below the amount we buy is selling out of pain and frustration.
If you bought bitcoin at the end of the year of 2017 then it makes sense that you are not very happy with what it is happening but if you can see the potential of bitcoin then you need to keep holding, it is obvious that this will be easier if you were still getting profits despite the crash but one thing you need to remember is that if you sell now you will regret selling even more than what you are lamenting holding your coins. |
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It seems everyone is predicting a recovery in the last two months of this year and yet we have heard something similar for most of the year and that has not happened and I do not see too much of a reason to think that this prediction is going to be right either, we need to live with the fact that it is entirely possible that a recovery will not happen in this year or even the next.
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Recently, a lot of ICOs are getting hit by people dumping tokens below ICO price. Some attribute the cause to bounty hunters while others blame it on excess pre-sale bonus. Who do you think is responsible and how can this be prevented?
As long as most of the coins are given to bounty hunters and as bonuses this is going to keep happening, if the coins were sold at whatever price the public was willing to pay for them we will not have such problems but since that is not the case then this is something you will need to get used to or you will have to avoid investing in icos for the time being. |
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It's time for the government to replace their gold hoard with bitcoins.
Are the governments still sitting in huge amounts of gold? I was under the impression they were selling all the gold they had so they could keep the price of gold down and keep the farce that is the economy for a longer amount of time, and if they began buying bitcoin this will help us since the price will skyrocket, so I do not see how they can do something and not help bitcoin in the process. |
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This should be some of the first things that someone that is expecting to invest a decent amount of money must do and yet many never consider that option because they are greedy, they do not want to spend a few dollars to protect their coins when it should be clear that protecting your coins should be your first priority because if you lose them you are never going to get them back.
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How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
If my assets was on loss, I would sell some and just hodl the rest. My tokens/coins are coming from bounties so I losing some USD value of those could be hard but it's the payment for my service so I consider it "they paying me less" LOL The problem with holding such tokens for a long time is that the amount of time that an ico remains alive is getting shorter and most of the time you are going to lose money if you hold your coins for so long, so if what you are mostly holding are coins like that then you need to sell them at the first sign that something is wrong with your coins or you risk losing everything. |
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To earn in this space do not be in an hurry to earn big,I advice you invest in a large percentage in Bitcoin followed by ETH and then research on the first 100 token on coin market, you can then decide to share you risk of investment base on detailed research done.
That is a good a nice advice but most people do not follow that advice and in fact do the opposite of it because what they want more than anything is to earn money fast but what they do not realize is that having such an attitude is the fast way to lose all your money and yet even when they know this they engage in this self destructing behaviour. |
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The market has remained more or less stable for the last months but with a tendency to go slightly down and this is tendency that I do not see changing anytime soon, so we need to ask ourselves what it is the best strategy right now? And to me it is clear the best thing to do is to hold your coins because there is not much of a point of selling them for a loss.
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Another mistake when you are trading is to think that just because you have a large capital you can incur more losses, I have seen people like this in the past and they lose all their money very fast thinking that their money somehow protects them, this is a false sense of security, it does not matter if you have a small capital or a big capital you need to protect it because making money in the market is not as easy as many people think
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NEO is a good stable platform that already has ICOs using it's platform. This puts it at the same level as ethereum, except not as popular. If more ICOs can get onto NEO then you will see a massive pump, especially if China starts to promote the use of ICO for new companies
The popularity aspect is one that is going to be very difficult to overcome, ethereum is by far more popular than NEO and I do not see how that gap is going to be reduced since most of the coins being released at the moment are still ethereum tokens and this in return makes ethereum even stronger so unless the NEO devs do something they will never surpass ethereum. |
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Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline. I think I have to stay calm for a while and spend time with my family at home.   Nothing really important is happening at the moment, the market has crashed and it is difficult for the market of cryptocurrencies to grow under the current circumstances the only thing you need to do is to get used to this because it is likely that we are going to see something like this for a very long time and you need to be ready to endure this because if you do the profits you could get with the next bull market are incredible. |
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many people predict that the price of bitcoin will increase at the end of the year so that many people take this opportunity to buy as much bitcoin as possible so they hope that by the end of the year they will be able to get lots of profit
If a significant amount of traders and investors follow that strategy then they are going to make the price to go up as there is an increase in the demand but if anything that growth is only going to be temporal and as soon as people stop investing in the market because they are expecting for the value of bitcoin to go up then it is likely that we are going to return to the current prices. |
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Bitcoin is special, we can use it for various things. Different from other coins, which are still new and do not yet have strong evidence of their existence and function in the real world.
Bitcoin is special because it was created to help the community many of the projects claiming to be better than bitcoin are only saying that to try to hype their coin and because they cannot say anything else, if they were honest and said their project is an inferior copy of bitcoin then who in his right mind will invest in a coin with such a message? |
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If you had 10000$ where would you invest it? I'm hoping for 10x in about 2 years, how would you personally split that money? There are so many altcoins that I dont know which to pick, I remember the top 5 altcoins from years ago and now they are all gone, so should I only invest in BTC end ETH or others like NEO, ADA and EOS?
That is the wrong mindset, you already know how much you want to earn and when you want to do it, what will happen if the market is still behaving like it does right now, do you think you will be able to hold your coins? What you need to do is to find quality coins that you know you can hold and then just wait until those coins give you profits regardless of how large those profits actually are. |
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I don't think so because no one has control over bitcoin. Government has no control of bitcoin because it is decentralized, unlike gold which has physical value and people can actually use it as a reserved currency.
Bitcoin is not that much different from gold with the difference that it has not physical form, but governments do not use bitcoin or gold as reserves because they are too comfortable with the fiat system they have created even if they know that at the end the system cannot sustain itself for long but they are fine with that since they have stole money from people for decades thanks to fiat. |
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Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Let’s say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
Why should government interfere just because something is gaining value? They just have to make sure that ID regulations are respected and thus the risks are managed as highly as possible. Because they are the government, governments at first do not interfere with new industries because it is not worth for them to spend resources to try to regulate the market but once it becomes big enough it becomes profitable for them to do so, but it seems to me they are going to find out this is not going to be the case with cryptocurrencies and they will be confused about what to do. |
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I find that day trading is only suitable for people with a lot of experience in trading. Beginners can not earn profit day.
This is one of the first things that you learn if you read or if you watch videos about trading, day trading is not for the novice, day trading is only an activity for those that are expert traders and yet there are many people that try to make money that way and as you may guess they lose their money since it is impossible to trade effectively in such short time frames. |
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Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
to tell you frankly, your the only one who knows if you need to stop or not. It is because even if I say no, you do not want to stop it but you continue to do it but you don't have any coins to trade in ti will be useless I think. Now the present value price of bitcoin now was 6451$ while ETH was 203$ so its up to you if you proceed or not pal. This seems to be the right answer, each person at the end of the day needs to take the right decision for himself and it is impossible for us to know all the details about his life to make the best decision for him, but fortunately for him there is a person that knows every single detail about him and that is himself, so if he thinks his trading is getting out of control then he needs to stop and try to do something else. |
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