This decision is not wise. You can be not sure what will happen on the market next day. It is good to invest not more than 30% of your savings in the cryptocurrency.
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I think that exactly the lack of knowledge is our greatest enemy. You have to learn a lot before you start trading, otherwise, you are supposed to lose everything.
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Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
I believe that trading by day is the best choice at the present time, you can see that the market in recent days is fluctuating continuously and very hard to guess, the price of bitcoin often have the correction phase Quickly from $ 200 to $ 300, investors can not keep up and run away from the wall. Short-term trading is therefore the safest option. Probably, you have enough experience to do it. I am sure that this Forum is the place where 50% of the guys are the newbie. It is better to pick holding for them.
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Naturally if we are talking about these days, it is not the best time to leave the crypto and trading. The market is going to go to the Moon.
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Besides the coins that were mentioned in the post and TRON, you can pay your attention at IOTA, Cardano, VeChain, Verge, Bytecoin, Stellar, OmiseGo, and Qtum.
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I hope bitcoin will reach this price in a few months. It seems to me that the market has turned around and now there will be a huge growth.
It seems to me that 99% of the guys here share your hopes, bro. However, I might not invest in Bitcoin now (probably, because I have several BTC). I'd choose the following alts: Golem, TRON, OmiseGo, and Komodo.
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What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar? How do you decide whether they have potential to grow or not?
Yes, many coins may have potential. But I do not think that all coins below $ 1 will be able to make good profits in a few years, but rather it are better for short-term investments.
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Why did you buy Bitcoin and ETH? Is it because you are optimistic about them? Therefore, many people think this way! What should be considered now is whether it still has value!
Some beginners choose the cryptocurrencies when they see that they take the top lines. However, these places just show the market capitalization. Chinese financial experts gave Ethereum the 23rd place only and did not mention even BTC. They are for NEO and Lisk.
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Now is definitely the right time to start investing in cryptocurrencies and in particular in Bitcoin. The price is still low, but it will rise in the future.
It is better to invest in Bitcoin and the other cryptocurrencies before this Summer. The prices will be flying - you will simply not find enough money to get BTC and altcoins. Now, it is the time to buy.
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I would be shocked if there is 1dollar for every tether issued I don’t think there is 1penny for every tether issued and within the near future this will come too light
I was shocked by the other information - Tether released over 250 million USTD tokens. The emission was made on May 18. I doubt very much that this currency is worth a dollar. Too strange for me. IMHO.
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Of course ripple is the better choice, it is used by the banks and it actually has partnership with some banks. It also has more potential and definitely better than litecoin in term of tech. The transaction fee is cheaper using ripple and actually faster aswell. I don't know the advantage of litecoin compared to ripple but will choose ripple, it is getting more and more famous and i believe the price will keep increasing aswell.
I will also never hesitate here. I will choose Litecoin. There is no need to invest in the centralized currency that you can also never mine. Litecoin has the greatest potential, and it will be one of the market leaders.
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Guys all hi! As think what 3 coin would make X10? my list 1) EOS 2) CPX 3) ESP Interesting that you think!
Thank you for starting this thread. It gives us the picture where altcoins with the best potential are placed. I would add there Ethlend and Eidoo.
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If they somehow benefit from it and people don't go unfollowing the laws on money laundering, I dont think they will hinder it. Always remember to pay taxes boys! You and your country will surely benefit from it anyways! It will be extremely difficult, almost impossible for the governments to kill the cryptocurrencies. Honestly, I think that they are not interested in it. They can start taking huge taxes for trading and mining.
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Definitely agreed bitcoin is the king and ethereum is the queen these two coins are the leader of crypto currency and I do not have a doubt of these. They are very good and promising coins to invest every one attest to that.
I do not think that Vitalik Buterin will be glad if he heard that Ethereum is called the queen. I guess, he is planning to make his cryptocurrency the leader of the market or the King as everybody say.
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Long term trading gives an assured profit after certain time period. As mentioned by the Op it can be of weeks, months or years. When compared to the earning an user makes through short term trading the long term trading profit seems low. So, it is good to get into continuous trading which will help with earning the goodness of long term trading as well.
I think long-term investment is not the best choice at the moment, you can see that bitocin girls in recent days are constantly fluctuating and difficult to guess. After touching the $ 19800 mark at the end of 2017, bitcoin prices are falling sharply and declining, and the market capitalization has fallen by more than 50%. Therefore, long-term trade risks will be high. This is the best option for those guys that have a permanent job. Very often, day trading brings more profits, but it eats much time and needs much experience.
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Trading is not very easy job particularly if you don't know how this crypto market works.
If you bought good coins then it is not a loss unless you already sold those coins. I suggest you can average down your prices by buying some more of them and hold for prices to go up again. But it all depends on what kind of coins you traded.
Another suggestion if your new to crypto trading then just buy only those top performing coins or just Bitcoin whenever there is some correction and sell at a profit or just hold them for long-term to make a profit.
When you trade, when you invest, you can lose some of your money but only in case, when you decide to quit the business and sell all of your coins. In other cases, you'll not lose.
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Hello guys. I just want to ask for your opinion or an advice. I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital . Some coins are still in hold. I just want to ask what can you give to me an advice or any learnings about trading. I'm using bittrex. I also lost 80% of my capital after joining the crypto for 2 months. I also started with Bittrex. But I trade the whole capital loss. Currently I have gained some capital and interest. My experience is that if you have large capital, please trade on sites such as Bittrex, Poloniex ... If your capital is not large then you should trade on smaller sites like Cryptopia, Novaexchange, Coinexchange, Yobit, Hitbtc. These commercial pages have a small volume that is less affected by market fluctuations. Those guys who were patient and wise enough NOT to sell their cryptocurrencies have not lost anything. Their task now is to go on holing their altcoins and Bitcoins. Some months will pass, and they will get their money back.
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With sooooo many coins in the market and it being a more popular but just another ALT, in some cases, what do you think the long term will be? I believe most are geared towards the long-term profit of dogecoin but with such a long/high/maybe not possible, hill to climb in all aspects I found, which isn't much, what is the likelihood that dogecoin will be around and then will it ever make it profitable as an investor without daily trading?
Dogecoin is the favorite altcoin of my brother. He persuades me that this is the alt of the future. I do not know if he is right but probably yes, as he is a very lucky investor: https://www.youtube.com/watch?v=IH3lbC3fgCE
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I just bought 36,5Neo to hold till next year and i think is good project. Now i think NEO could hit 200$ again till end of year or even more i hope, also with holding NEO u get gas, but IDK if i should hold gas or buy more NEO with it? I do believe that everybody, who has NEO now, must not sell it. this altcoin CAN reach 2 hundred. Maybe, it will not happen in 2018 but we will all see it. NEO is a very tough platform with millions of supporters.
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If you know the market is having a problem the best thing to do is to focus on the things you really want to happen. People need to be a goal oriented in order for them to be successful in life. Having a bad day does not mean you could have a bad life and in terms of trading and investment having a crisis in the market does not mean the end of our investment or trading for me it could be either an opportunity for us or even a starting point on dealing with new investment or for us to keep on holding.
First of all, you have to take it as a norm: sometimes the market can fall really very critically. You must not panic at this time and rush to sell all of your cryptocurrencies. Simply take a very small break.
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