It's a lot of money to lose, but then it depends on how much you actually put in. If it's a small percentage of you holdings then you can make it back at the next bull run. Just remember not to get too emotionally attached to certain coins in order to succeed.
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We should not fear these bear markets, hopefully it means the bitcoin whales are dumping as this will improve distribution. Having stats like that where 90% of addresses hold 3% of bitcoin is really frightening.
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You are right about LISK, it has a lot of potential when the platform is finally ready to go. Being an easy to use system makes it a strong competitor to ethereum which is already over $300
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You all have low targets, bitcoin will go over $10,000 in the next few months and then back to the ATH. Selling early at $8000 will leave you with regret that panic sellers often get.
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Some big names from the asset fund investors are starting to investigate crypto so i'd say it's turning around now. There are much better gains to be had in this playground than real estate or gold.
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If you didn't buy when it was around $30 then you have missed the boat already. Don't waste time on something that offers nothing more than what bitcoin / bitcoincash already does. Go for a more useful investment like NEO or ethereum
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The best way is to get listed on cheap low volume exchanges and then generate some trade on those. It is impossible to get listed on high volume exchanges without getting any trades elsewhere beforehand.
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I was hodling throughout the bear market so i'm definitely ready for the bull run! Been waiting for a long time now but i'm confident it will happen soon. Still trying to accumulate where possible but it's never enough.
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It has started to move already but there is a long way to go for Crypviser. It is the first p2p encrypted messaging app on the blockchain so it can be used in all countries that have censorship rules, as it cannot be blocked!
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Not only is it considered the ethereum of China it allows you to earn GAS tokens just for holding it in your wallet. Otherwise, just leave it on the binance exchange and they will collect the GAS and put it in your binance GAS wallet for you
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I have to disagree with the OP, during the last bull run it took less than a month for bitcoin to double up from $10k to 20k. Equally it got dumped at the same speed so ele up and ele down. Now it's the staircase up so we need to be patient
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U.S is already at [trade] war with the Chinese so why should they listen to Trump and follow his lead. Iran should copy Venezuela and trade in Iranian-petro to avoid any financial sanctions
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It depends on how quickly you need to use those savings. Some might be using it as a deposit for a house, so you shouldn't risk more than 25% of it on the crypto markets. If it's long term not-needed funds then go up to 75% on crypto exchanges
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In order to start a business and make money you need investment which can be a form of credit or a loan from the bank. It's different from an ICO as the investor is not obliged to get his/her money back
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It's a good idea but crypto doesn't automatically generate wealth, there needs to be demand for the coin. In a small village they need to give a reason why people should go to the exchanges and purchase it for use. Will it be to buy unique local delicacies or just an alternative to yen
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Although banking isn't dead yet, it is going to happen. When those bankers caused the 1% protests in wall street it signaled that something has to change. Bitcoin is the driving force and so we should all get in now before it happens
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Depends on the country and bank. I think bank of america does not allow crypto trades so you will not be able to do it. However, it might be possible with one of the smaller american banks instead.
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This is the reason why THEKEY is a great investment. They have the support of the Chinese government to issue identities on the blockchain. They will then spread out to Africa and other areas where it is needed.
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I would say do not gamble it in crypto, as debt collectors do not take bitcoin for payment. However, if you do not trade then there is little chance of paying it back. Put in a small amount on the exchanges, participate in bounties/airdrops, and keep going until you get enough to pay it off
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Don't worry, there will be many DEX's in future where you will be able to exchange crypto into fiat. Failing that, use a VPN and find an exchange where you can swap coin into fiat. Otherwise, just wait for India to change their mind and catch up
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