I think you should stop using the word "invest", and state that it is speculation. Investing in crypto is the purchase of domain names and site building, or the starting of crypto projects. Just buying coins is speculation.
How I wish I have some sMerit I would have give you some for this explanation which doesn't appear to me that way for useally referred Bitcoin investment instead of buying a coins. And was the reason in most cases we do refer to Bitcoin as an investment opportunity instead of taking it as a coins. That is where most buyers failed to see. They thought this is really an "investment of a lifetime". And all these price predictions are just mere speculations. Better trust yourself and just follow your instincts. That's what other said they say bitcoin is a speculative coin while other ( including me ) believe's that bitcoin is not just a speculative coin . bitcoin is currency ( a crypto ) bitcoin is a multi purpose coin that can be use on multiple instances . Speculation is not the one that drives its price because speculation are not an act . speculation is only a statement without actions . When you buy bitcoin and hold it , that is already consider as an investments . |
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Don't wait for the best time because if you would always wait then what would happen to you besides no one knows when is the best or right time to enter,
What if you enter the price went down or what if the price is low and you waited for it to go lower then it started to go up then you just missed the chance.
You got a point meyt but all have thier own opinion , all have different goals , all have different mindset . like for example me myself is a patient person i can wait for a long time if ever the price of bitcoin fall and that is the time that i will buy because that is also the time that i can afford . while other guys cant wait and they have a cash to buy bitcoin at all times so why would they wait ? It also depend on the type of coins if ever you are an altcoin investor . some coins wont go down lower or wont go up higher |
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I think we need some crypto enthusiasts who will preach to people that crypto is the currency of the future. The thing is they must be able to explain this to old ladies and children even. I mean in simple terms.
That is a problem that can actually be done but regarding the regulation of each country is certainly different. there are those who forbid and support, the state must support if indeed they want payment by cryptocurrency majority of the countries today are now legalizing the use of cryptos but the guy above is correct . majority of people are still didnt know how to use crypto because they find it hard. we must teach them especially those who are old enough and younger people as well because they are the ones that are having a hard time to understand crypto . we must only use simple terms and avoid using technical ones . crypto as a payment method is now better on 2019 compare to previous years because alot of stores and merchants are now already accepting it . |
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Cryptocurrency in 2018 does not provide benefits. But many people are caught up in losses.
of course there is , crypto in 2018 do have a benefit but only for some traders and investors because they are be able to buy coins at much lower rate . those people who loose are id say impatient because they insisit to sell thier coins due to panic attacks .they wont loose if they only know how to hodl correctly . lastly , the risk in cryptos on the year 2018 are still the same as the risk that we experience today and on the past years because cryptos will always be high volatile type of coin . |
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Hardcap and soft cap values are just fixed by the project team so having high value of hard cap doesn't make it anything special.As you said if the project is worthless that even won't sell 1% of their tokens so for me it is not important only the technology behind it more important.
It does matter to some because they think that ico can become more succesful if they already reach these so called caps . for me it does not matter at all because i see that all ico bounty are still risky because youl never what they end up . ICO Should have an open nature, if the number of available coins is not announced, as investors we may be suspicious. because after all we need to analyze all information available to avoid scam.
Number of coins is not an indication to tell of the ico is shady or not . they can easily put fake numbers on thier info but whats the point of that if they will soon end up scam ? |
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This guys are one of our problems in cryptocurrency, bunch of unprofessional lads wanting to see a bullrun and make quick cash and leave.
i disagree. those who create these shitcoins and ICOs and even those who invest in them are NOT the problem! the problem is those who invest in them and also think they are real! they are the people who cause the problems in this system. You once said that investors are not a problem but you also said that the one that who invest on ico and shitcoins are the problem . im confuse with your words meyt . anyway , there are lots of wors case scenario that already happen or will still happen on the crypto scene but look at us and the crypto , we are both standing still . no problems and tough times can break our bond . |
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Yeah, It is really mass adoption, and it is a easy way to buy bitcoin, also it will popularity of bitcoin. Most of the people who have no awareness about bitcoin they will be know about bitcoin in this wise. But unfortunately i have never seen in my country like this store. But i wish i see it and definitely this moment will be remember-able for me when i buy a bitcoin from a store. We cant say that these things can drive adoption because some people do already recognized cryptos but they insist to stick with fiats . people still have doubts because of the volatility factor of cryptos . overall , this news is good for us who already use cryptos because we can now buy coins easily just by going at a supermarkets grocery . how i wish that these machines will be available on my place , right now we only have a few crypto powered atm's still they are miles away from my hometown . |
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Most of the national lottery's don't recognize bitcoin or other cryptocurrencies because their are not recognised as legal currency by the government yet, the only payment option for most lottery tickets is fiant paper money which is the government recognized and issued currency in circulation.
In my country there is no national lottery because it is prohibited by the government, but if there is also it cannot buy using bitcoin because it is not a legitimate payment instrument. Bitcoin can only be used for investment, but the government warns that all losses and legal risks will be borne personally because the cryptocurrency as a whole is prohibited for payment. in what country you are residing ? lots of countries today are now supporting the use of cryptos but dont worry meyt , soon your country can also join the movement in order for crypto to become the global payment of the future . what i understand is that why lottery is restricted in your country ? i mean lottery is not really a kind of gambling because on our country , lottery is partnered by a charity . in short , you are helping the charity if you buy lotto tickets |
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Bitcoin is a better store of value as compared to gold because hundreds of Bitcoin can be stored safely on a single wallet, thus, making it handling much convenient. Gold occupy much space in storage and its handling its quite cumbersome especially when traveling with tonnes of gold.
thats true but the risk of hodling too much bitcoin in your wallet is too much compare when you are storing alot of gold in your basement because hackers can stole all your bitcoin at one move while that wont be possible for gold because the gold is more heavier due its physical form and you can easily catch a criminal offline because of cctv's while its hard to catch a hacker online because they are anonymous as they can use fake identity and other privacy tools . |
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I don't know if $2k is really happening in the future after we reached $4.2k but one thing that I can think that traders will be in panic mode.
yes its posible for the value to go down again to 2k usd if ever whales decides to dump the market and your right , that can cause panicking because 2k usd is not not usual anymore . 4k will happen this weekend. If not, I am giving my merits to charity
you dont need to give your merits to the charity because merits only work on this forum , it wont work offline . besides , 4k usd did already happened last day and im sure that it will be back again this incoming weeks . |
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with experience and learning we can earn both in trading and gambling if we dont do it correctly than both can cause us loss
I don't think experience can provide greater possibility of profits in gambling? gambling is not a method of earning income dude. so it's not right if you combine gambling and trade to your income, use gambling just to have fun in your free time dude, its better.. sure it is . if you are an experience gambler you can also increase your chances of winning because you already know how the game works . you can apply your method and strategy not unlike to a noob gambler that he dont know how to operate the game properly .he can get alot of losses with that . though your right , we should not treat gambling as a source of income because it is verry risky . we must only treat it as a form of entertainment to enjoy and past the time . |
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Yes holding is waste so long times even a few years, alot of newbies investor was decide to hold crypto in the beginning of 2018 without any risk management, so they getting loss much money. So trading or holding should be with risk management.
Holding isnt a waste of time because when you hold , you didnt do anything . you can just leave your coins inside your wallet and continue your life outside the crypto scene . trading should be consider a waste of time because trading is an active activity . you dont need any risk management when you hold because hodling is not risky as trading and as long as you chose the best coins . |
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We can only increase the value of a cryptocurrency that actually has a worth,
no meyt . cant you see that even sh*t coins and pump/dump coins also increase ? thats because they are being manipulated . unworthy coins can still increase and grow as much as a valueable crypto . You cant really do much to increase the price of a certain cryptocurrency since the creator of that coin has to do that by promoting and marketing his coin your right , the creator of the coin must do advertising in order for thier coin to get discovered but you can do anything to help the coin grow by buying or investing on it . |
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We should not listen and believe right away when it comes to money matters. To store your bitcoins in an exchange is so risky, yet you only not even know hiw safe is the website is, you just heard what your friend says and in the long run it end up a scam site. How pity we are if we just only believe right away on what others said to us.
Agreed, never listen to other people when it comes to money, especially your money. What a disaster, losing 10 bitcoins just like that. What is the reason you choose that wallet to stored your coins? its okay to trust your friend as long as you know him and his attitude . maybe his friend is also a newbie when it comes to crypto and he didnt know that the exchange is scam or maybe the exchange is legit at first but it got hack eventually . ive seen some unrated and new exchanges but most of them are legit and running fine . top exchanges that we currently use these days do also start new or unpopular . meanwhile , 10btc is not that huge today , so dont stressed it out . |
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Lucky guy, selling at peak makes him a winner, most of us were not able to sell because of greed, but smart people can always make it at the right timing.
Bought at $700 range, so he really made a lot of profit on his decision, I'm wondering if he has the interest to buy now at the current price?
Lol . why are you happy with him ? Didnt you know that we are the ones that will suffer because the price of bitcoin will greatly dump after he sold his coins . i dont know if he intented it do because he want to manipulate the entire crypto market or maybe he only sells because he already reach his targeted profit but rest assure that he can still buy again at the dips because this is the only way that a value can recover .. |
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Where do you see this going?
-Bulltrap
-Back to lower lows
-Moon
the words that you listed above can all occur . first we are now experiencing a " bull trap " because the price shows a sign of increease that it could lead to bull run but after touching 4k usd , the price fell again at 3.8 to 3.9 usd limit . that can be consideed " back to lower lows " . lastly . the " moon " or the pump can obviously occur in latter stages . typically it will begin to show on the mid 3rd quarter of the year up to the end of december . |
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If you a newbie for now, you need to listen first for the old member here which you think they are mature and experts here.
feed yourself about the idea here in the forum especially in trading, its not that easy to get the catch of it. If you will go to the platform
exchange, of course be observant to all traders and don't do anything so that you won't get loss your coins immediately.
Yes, if you start anything without training and knowledge then you will loss for sure. Being a trader, you must first learn and then start trading slowly. in forex, we have testing environment where one can do trade with dummy money and get used to it. I am not sure if Crypto has such a learning platform ? yes they have . i think i see it on hitbtc where they offer demo trading . this is a good way to practice trading without money involve but the experience you will get may differ when you are now going to trade with cash its because you will feel nervous . this can also result to poor decision making . thats why i think we must practice trading with a money that you can afford to loose . |
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We dont know bear market already indeed or not yet, i can predict the bear market ended if Bitcoin going up back to $6000, and others altcoin will possible to going up.
no it didnt ended yet . right now the market is still in a bear mode because its obvious that the value of the coins are still low and even if bitcoin jumps from 6k usd , the bear market wont still permanently end because it is part of the crypto cycle . Make 100x in this trend of market look very difficult from 1 coin but still possible to make 10x because all altcoin dumped hard and possible to raise 10x in this year. In my opinion 10x return in 1 years is very big profit.
you mean its hard to earn huge profits on bitcoin ? while its possible on altcoins ? how come when the bitcoin value is much more higher than compare to altcoins . keep in mind that btc is the controlller of all cryptos . go invest on altcoins but you cant expect them to grow . |
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Trading cryptocurrencies are really risky, so much volatile Because there's a lot of shitcoins out there
cryptos are known to be volatile not just because of sh*t coins but because that is thier nature just before they created . that what makes them risky . sh*t coins that are scattering around is what makes them more harder because these can make us confuse about the coin choice . and I believe that fundamental analysis is also good for trading,not all technical, also include the fundamental analysis.
both fundamental and technical analysis are good addition to make your self more confident when doing trades however you will still need a little a bit of luck because the coins can sometimes move in different direction due to other known factors . We can earn huge profits but the negative side is we can also make huge losses.
thats the effects of volatility . the price can go up and down . we can loose or earn depending on our decision making . |
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I also heard about this news improvement of the Crypto ATM will be a good news for everyone who are invested here because if there is some good news will came out it could be a sign of improvement of cryptocurrency so I think this could be also be like that.
news like this is indeed good . its good to the crypto and to the people that join crypto because this can increase the existing adoption . if average people will see a crypto atm ,they will be curious and they will probably try it . Banks are businesses so imposing higher fees isnt really surprising specially it is residing in philippines.There are lots of alternatives actually and even just buying directly with coins.ph merchant will be more
worthy than with these ATM's. Not sure on how much they do add up.
crypto atm's are not also for buying but they can also be used for cashing out your crypto's to fiat . fees wont really matter because what matter the most is the convinience . coins.ph isnt also cheap as im also a regular user of this wallet . their buying price is high compare to other platfroms . so how can you say that they are worthy ? |
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