Nope disagree what do you want to elaborate this for altcoins as useless coins, I would want to know people out there every altcoins have an usage especially in trading by doing of this they select different coins from the market for day to day transaction. With out altcoins i think bitcoin not become stronger.
Altcoins are contributing a lot into crypto space and it give us options what coins we wanted to used but as we know also that some of them were just nothing to give. Altcoins are created after bitcoin as to give support and that is some reasons why investors have encourage to be here just because fo altcoins were potentially profitable before but it change by now and only few of them will have such potentials. |
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I feel the most common problem face is the lack of regulation and policy formulation for the cryptocurrency community by government and cryptocurrency stake holder, lack of regulation has reduce trust in the system and ultimately a reduction in the numbers of investors that are joining the community.
Looking for its regularization, were almost there. We just take a look into this info and it surely give a huge contribution to the market. https://www.coindesk.com/sec-commissioner-says-bitcoin-etf-will-be-approved-eventually. Having this ETF aprroval will surely lead a way to constrains ICO's that never give benefits to the people and could stop scam projects. |
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my biggest factor is failing to trade because of uncontrollable emotions, this is what always imposes I am not focused on trading, due to the great desire to profit. ignoring the potential for large losses that have never been calculated.
You're not alone on this. I know a couple of traders with emotions and money management issues in trading. I think that's where y'all should work on improving now you have identified the source of the problem. One of the rules of trading talks about making sure one's emotions are in check when trading. When you've that covered on your checklist, You should be good to go. Finding what is the biggest contributor for such fails will be a good idea and making immediate actions will help to stop losing our funds. It is a big for us if that certain thing our emotion or having a attitude problem, it is surely a big work for us and not sure if we can make a change in ASAP. Losing isn't unusual thing happen in trading but at least we work on it to avoid such failures and big losses. |
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The story is from about almost 5 years ago but this is 100% relevant to 2018 or 2019 or many years to come, you can read it here: https://www.reddit.com/r/IAmA/comments/1ch7wb/starting_with_almost_nothing_i_made_almost_500000/In short version, he gambled on Bitcoin, made $500,000 - and lost it all later on, he then continued to gamble in Roulette and other games, and ended up with $50,000 in debt. By the way, This is not only related to Bitcoin or Casino Games - if you think Sports betting is different think twice after reading this:https://www.psychforums.com/gambling-addiction/topic182379.htmlThis person lost over $300,000 within 48 hours, all because of sports betting, he had bets on tennis, basketball, soccer - you name it. And there are many more stories to read such as this: https://www.reddit.com/r/problemgambling/comments/4pzgmu/i_just_lost_140000_in_5_minutes/Moral of the story - you can never be rich with gambling, and even if you end up being "rich" - you would lose the whole lot in no time ... only the house wins because the house has an edge.
I almost felt the same way as the guy who lost this huge amount. I felt my knees weak. This is why you should have control and learn how to quit. This is a real example of an addict gambler who instead of going home with a big cash on hand, ending up not just lost but having a huge debt which is reverse. I hope this will become a lesson to all of us. It is often to happens when we never know satisfaction. We are not all the time that we have luck, we put into a certain scenario that we always win at this time but it could be possibly a big opposite later. It came into realization that, winning is merely to happen always but having a huge percentage of losing. |
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I don't believe we are going to see an improvement of the market in 2019. We can only watch and see what is really going to happen.
Don't believe it's okay but if the market ever do good by this year, you can take back your words. Yes, it's easy to say and just watch the market and take action if you see necessary movements. Making quite sometimes and not seeing the market price will help to think the positive future of crypto. A lot of people looks like having a drama, being discourage with the market situation. There is no need to put end our crypto life just for the declines we have, instead we look this as another opportunity to start over again. Forget the past bull runs and face the market we have now it eventually rise up again as it happen in the past years. |
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In this current week, we saw a lot of progress in the whole cryptocurrency market. It is a good news that the Ethereum became no.2 again in terms of capitalization. I hold a lot of Ethereum because it is already proven that it can become more valuable over time.
Yes, ETH is back into 2nd place but not far enough from Ripple to hold for long. It is not a surprise for anyone, it is just a market changes and fluctuations arise in any minute, we can't expect any stability with the market that causes ETH replacing Ripple again. And we can expect that have any possibility that it will get back in the 3rd place again. |
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lottery is gambling too?
If lottery is considered gambling then we all are gamblers lol. Who doesn't play lottery? Almost everyone I know has played this thing before. I played it severally a long time ago, never won though.
Lottery is defiantly a part of gambling but many people do not know it. Most people are involved in lottery in one way or the other and yet they say that they never gamble. Lottery is itself gambling and more than 80% of the people have played lottery in their life. I enjoyed my time doing lottery, though I'm consistently losing with it( maybe I don't have the luck) but I've never been to complain my self. Losing is not the way to be disappointed, the most important is that we are enjoying it. Anyway, I'm not doing this all the time, I also do gambling and online betting. |
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If you are new than you should start with paper trading for short term first. Than as you come some more closer to trading, you can start with long term paper trading and than jump onto investing your funds in short term trades.
Also look for some lomg term profits as they are comparatively larger than short term profits.
but i think short term is hard especially for newbie , there much factor for daily trading/ short term trading more than long term trading For the current trend we have, it is good to be in short term investment rather than of making it for long term. It is really difficult to speculate for the futire as its volatility still working and we're sure that our coins will grow and could multiply its price today years from now or it dumps hard. |
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Live betting is so very exciting but talking into convience i choose online betting less hassle and less time and effort by traveling to go there.
The excitement is really on live betting but because of the security purposes, I will also choose online betting. But here in my place, its hard to find the place online where I can bet on the games that I want and the team that I'm rooting for, so sometimes I have no choice but to bet live so I will not miss the chance of making money. We should consider that thing(internet availability) as that's the only way to work for online betting. Anyways, it doesn't matter to be on online or live betting, the most important is we have doing it great and have enjoy the time. But the advantage of being in online betting is we can make it even we are at home. |
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I been learn from all my mistake in trading, and from it i have recomendation for beginner trader, firstly you have to know the risk of crypto trading which your money can be going to zero because this market has high volatility, so to avoid that risk you have to understanding how to use stop loss and trailling stop, and then learn how to manage emotion, greedy and unpatient. And last one is learn about technical analysis.
The most important things is to control our emotions and import our learning's into real trading life. We can actually learn a lot for doing it daily and committing mistake is not avoidable. But we know how to minimize it avoid to much losses. There is no need to worry and be afraid of losing cause it actually happen to us but we never consider this a a failure to us instead, we took this as an opportunity to learn more. |
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Anyone waiting will be disappointed for not buying while it is below 4000 dollars. Price movements are very fast and it can go either way now but smart money will invest before a pump, it can happen any time from now
I agree. If they continue to doubt bitcoin, they are losing the opportunity to have it in lower price. FUD is just created to scare those who gonna scare but those who believe in the potential of the coin stay stronger and wait patiently. I am making sure that I have to invest in every down it has though with little amount. Bitcoin gonna rise up again and gain for it in time. We can stop those people who are easily affected with the FUD's, losing their opportunity in crypto is just their biggest regrets in life. We can't condemn their doings but to let them play their life away from here. We might think also that, this is not the right place for them. And for us who are still in crypto space, better to extend our patient cause that's the only way to make it right and helping the market not to worsen. |
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I will keep my coins until the price rises for them. I see no reason to sell them at current prices, because I bought them for the purpose of making a profit.
You'll gonna be unless those tokens are for utility purposes. Many we're still in holding scheme and they manage to keep it until the time when they see profits from it, but for now since we are in dips, definitely not the right time to sell them off. I know it is a long wait for everyone but we can do nothing is to wait for its turning back into green. |
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Not this time and there is no need to shut them down unless that certain ICO isn't providing good into the community or it could just ruin the image of crypto space. I know there are still few numbers of legit projects running and it they'll might be potentials for investing. That is only to be a big search for us cause we are already flooded with unrealistic/ unreliable projects causing us to loss if we fall into them.
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I think creating the better currency for gambling will be a good idea because gambling feel well developed a lot more than before so we need to change something new for attracting the people to invest so developing a single currency for gambling only will made the field more stronger and it will easy to use by The Gambler.
It seems to be a good idea of having a single coin specifically gambling only but we have already accepted mix coins for gambling and I don't think that it will be acceptable for the gamblers. Anyways, were not all the time we've been in gambling and there is no reason to decline possible changes as it will help to improve our developmental stage of crypto. |
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Expecting at the middle of the Year will be more powerful for the starting rise up so you can definitely invest now for getting the profit at this end of this year and the long term investment people also had the good time for getting the profit from your investment.
I don't want to expect more for the market early, though not possible to happen but it seems hard for now. Anyways, we are just in the 1st quarter and there are a lot of things happen in the coming days. Lets do hope for its continuous pumps and might take a way for early recovering for this year. |
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Now of course for me in the priority are altcoins , as they are very promising and they can make a lot of money , but part of the funds should also be on the safety net and is in bitcoin!
but you need to know that altcoin itself is also very determined by Bitcoin price movements. and if bitcoin experiences a sharp decline, altcoin itself will experience the same thing as it will now We can't deny how altcoins affected when bitcoin price dump and it also happen to the altcoins. Even that declines happening, still many altcoins that we can rely and can be depend on. Not really it give us huge profit this time but it could be possible when market recovers, and it only happens if we can manage to hold our coins while waiting for the pumps. |
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And the year is 2019 ,bitcoin still holding the 3000$ wall strong so I believe if this continues the next surge will be huge and better than the ones in the past ,let's hope its bottom at 3k for few months more
Analysts predict that Bitcoin must return to the 3k price mark to start a new trend. I also hope that their predictions are true and will help the market enter a new page A lot of us here were hopeful that their predictions may come true. Despite of its low price, bitcoin may easily achieve the 6 figure price within this year. If that will happen, well, a lot of us especially the investors will be glad . It's just so amazing how cryptos fluctuates. It could be glad only for those investors and crypto holders that have still bitcoins in their hand but for those who sell their coins, its a big regrets. For me, prices don't really matter, only I ask is to have this things working on for many years. Cause even the price isn't that big but still I can manage to make gains and less chances of losing. |
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Which I for one consider a genuine fundamental as it actually determines the price (which I came close to explaining in my precious post). It can be summarized as people's interest in Bitcoin. For example, in 2017 people were highly interested in cryptocurrencies (the exact reasons for this interest are not important here)
People lossing interest on Bitcoin until this day because the price is too slow, all they need is quick profit they can't wait when it is recover. It's a simple TA's why market remains low. People will showing interest if market is high then if low they leave the market. But as of now, I don't see any reason why Bitcoin price spike on the market, but let's do hope it will continue raising up. I don't think that people has losing their interest to Bitcoin. It is just about price fluctation. People has started to interest something else instead of cryptocurrencies just for now. When Bitcoin price will start to rise, then all people will come back. I am sure of it. But important thing is know when market will recover completely. Someone will earn a lot of money who know the true time. The interest of the people really matters on its price, fluctuation makes the market so beautiful as it give way to make profit. I know have a lot of bitcoin holders in this forum and yet they are still waiting for the market spike. A lot of people keep on waiting for the bulls came out but we don't know when it comes, they'll just doubts to invest crypto as if the market continue to dump. They'll not losing their interest with crypto but they'll much get interest when the prices are in uptrend motion. |
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Hi All, I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world. I would like to get back into it but first I would like to find out what is cryptocurrency today. Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction Please help me catch up a little  Most of the users of cryptocurrencies are only using it for speculation and not for utility purposes. It is the main problem that the market nowadays because there are bitcoin users who doesn't see the bitcoin as a new technology but rather an investment where they can make profit. It is purely investment as they think cause it happens that crypto isn't acceptable in some areas and they should have to change it into their local currency to used. But for the others, they have used it in buying stuffs and bills payment. Crypto are still on the development stage and with that, we can expect to have a 100% spendable and yet it still be consider as an investment rather than to be a utility in form. |
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As long as we live crypto lives, there must definitely be challenges but it is just a matter of time, even banks do go through challenges, so relax your mind and know that cryptocurrency is the future money. In the future , it will have high adoption and acceptance. Crypto lives.
Blockchain technology is just a creation in relation to the current generation we have today, it somehow crypto is very useful and it seems to be valuable to us. It existence will only be stop if there is another technology created which is more beneficial to the people and more than enough of crypto can give. It is just a new inventions which could create another change in the market as well as in our life style. |
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