who else has the feeling that bitcoin will keep going down?
I am not against bitcoin nor do I want to spread FUD but every day I am with the feeling that bitcoin will continue to lower its price. In spite of that, I still keep my cryptocurrencies.
The price did go down to almost $6,200 but was able to bounce back and stay above $6,500 mark. We are already in a strong buying zone so we aren't expecting the price to fall below $6,000 USD nor are we facing any resistance, so we can expect the price to go up unless we reach the $8,000 mark without any issue. Do keep in mind the more the price falls, the larger the buying zone becomes which will eventually tend the price to go back up again. |
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Always "holding" and "staying" isn't the best option. Sometimes you will have to let go. If you are in for the profit only, then just let go off your investment and save yourself from suffering huge losses. But if you are here to "use" cryptocurrency as a form of payment to buy goods, then stay! Again, letting your selling off your investment opens up new opportunity to invest on other places/coins which might give you more profit and over come your loss.
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Hey guys, where do you store your tokens? On your ethereum wallet or on an exchange, or maybe you store your tokens somewhere else? Give me some recommendations, where my tokens will be in complete safety?
You can store on any wallet where only you have total control over your private keys. Hardware wallets are the best. But where ever you store, never store on an online wallet or an exchange wallet. Both are vulnerable to hacks and scams. Does not matter how much they emphasizes on how secure their wallet are, you must not trust them. You might not have access to your wallet when you will be needing it the most due to downtime or some other issue. |
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So you are saying that ICOs are great because you can make profit from it? It is people like you who we should blame for hampering the development of crypto currency scenario. Crypto currencies were made so people use them and have financial freedom instead of using centralized fiat currency which can be seized by the government whenever they want. But people are now using them as a form of investment/storage/long term asset storage which is actually sad.
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Hey there,
Wondering which criterias do you follow to pick a bounty where to participate?
Definitely should check the team, roadmap, whitepaper, but is there something specific that you consider before participating?
Not a bounty hunter but do know some of the things (those are actually common sense). Just checking the team, roadmap or the whitepaper won't be enough. You will need to analyse those. A new team does not mean that they will fail. They might have potential too. So give them a chance. Also you need to check if they are able to provide "valid" unique features. Just a rip off from another project will likely fail. And don't forget about "all talk". You need to make sure that they will be able to provide what they promised. I mean make sure what they are proposing is actually achievable. Most of the ICO fail to deliver even a demo working project! |
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I don't have a problem with KYC and his nothing to fear.
You don't have problem with KYC? lol and you have nothing to fear? Wait unless you are a victim of identity theft. Once you join an scammy shitty ICO, the developers will not only scam your money, but will also sell your identity to someone else for extra money or use your identity for committing illegal activities. You have to fear about lot of things when handing out your information to some strangers. |
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Because it is the real future! Cashless society with full control of our own assets is what we want and cryptocurrency is actually fulfilling this demand. It is totally decentralized with no one but the owner itself having control over its own finance. Can easily be transferred from one border to another border without any restrictions from thirdparty. These might have some disadvantages but eventually all those disadvantages are nothing compared to the benefits we will be getting.
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Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
Your title says one thing and your post says another. Anyways, everything you mentioned can actually bring a huge affect on the crypto market. The political part plays a huge role on this one. Look at the previous events. When China started to regulate crypto currencies, we saw a huge movement in price. Same thing happened when Korea started to do the same. Social media is controlled by the government, so it falls on the same category too. Every news related to crypto currencies can positively or negative affect the movement of the market. |
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The words they use to spread FUD are actually not straight forward. They never say that "China has banned bitcoin" or "US has made bitcoin completely illegal", since these information can be easily verified. Rather they rephrase their sentences in a very confusing way. If you read the title of the article and the main post of the article, you will see how misleading the article is. Just don't fall for it.
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How did you come to this conclusion? What statistics did you use? How did you analyze the market and get to predict the future market with accuracy? Just saying that it will go up in November won't be helping, especially in case of crypto currencies. The prices are unpredictable and there is no guarantee that it will be following the same patter as of its previous years!
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Why would you think that price manipulation is not possible? Since its a free market, there are higher chances of price manipulation. When a group of whales joins together to manipulate the market, we can't actually help much unless we are able to realize that the price is being manipulated and take proper steps to not let the manipulators take advantage off it.
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Dear Members
Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
Don't what know IOTX is, probably some random coin that got pumped. But I don't see how you made a loss? You bought at .000046 eth and sold it at .000048 eth. So you already made a profit. The price got pumped up more and reach another price but this does not mean that you have incurred a loss. Wait for few more weeks and if the price goes below 0.000046 eth, will you be saying that you had made a loss? |
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Yeah, bitcoin can be mined from anywhere on the earth as long as you are connected to the network. Now the spreading actually depends on lots of factors. Electricity is one of them. You will see more miners on places where electricity is cheap. You will be seeing lots of mining farms with huge hash powers over there since the can actually make profit after spending on utilities and maintenance. Availability and legality is also another factor which influences the miners.
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As a Bounty hunter I once made a mistake by selling tokens from Bounty that I received in a small market for $ 250. After 20 days the price of tokens that I sell is worth $ 1200. So the conclusion if you want to wait you will get maximum results. Believe every ICO project will prepare a good market in the future.
Lol. Nope, don't believe that every ICO project will be a success and will be able to hold the market in the future. That would be a stupid thing to do. Honestly, its actually the total opposite. Most of the ICOs just fails or ends up scamming people. If you joined an ICO, and think that they are shit, sell your tokens as soon as possible to minimize your loss. But if it is actually a good project which has potential in the future, then keep holding it until it reaches its peak value. |
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I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.
Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.
Example:
Profit for gold and silver for year 2016 is 12%.
Profit for gold and silver for year 2017 is 0%
Profit for gold and silver for year 2018 is 8%
Profit for gold and silver for year 2019 is 16%
So average profit for 4 years is +9%
How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??
The calculations are right, but you do realize that you used the word "likely". This means that there is no guarantee that you will be receiving any profit since the profit chart might deviate from the past numbers. Where as depositing in bank will give you a guaranteed profit (that is the interest) but holding less risks. |
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This year has been a roller coaster ride so far, and mostly downhill. I have been trading less and less, not experienced enough to make money in these kind of bear conditions. Still trying to pick up some bargains here and there, but looking at longer term holds instead of quick turn overs. Once the market stabilises for an extended period of time, then I will get back to more regular trading. Hoping by September we will see a steady upward trend, before some real gains next year. Till then, it's a waiting game.
This is actually the key time to maximize your profit. Take advantage of this instability and market dip. Since you believe that the price will start to go back towards the green by September, then why are you holding back? Keep investing small amount and as the price starts to go down more, start investing more until it reaches its peak falling point. That's is when you with hold it or start selling in smaller amount to cash out your profit! |
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I won't even narrate any history, I will just say it as it is.
I got involved with cryptocurrency and overwhelmed with the market size and and all the good sides of the story, I didn't waste much time to gain little knowledge about the market, invested in it as anyone else could have, joined trading with little or no knowledge of crypto trading, learning on the trade, grew with the market, supposed to be a sweet experience but otherwise happened. I wasn't frustrated with the constant downtrend of the market, I guess it was my expectations that got it frustrated and eventually all was 1000% losses and I closed all trade without a consolation. But I'm still not giving up, rather looking for how to amend some of my mistakes.
Life experience cryptocurrency 1.0 (exited)
This was your mistake. You should have done some researches and try to gain some knowledge prior to investing your precious money. The forum would have helped you a lot. But at least you learned something from your mistake which is actually a good thing. And yeah, don't give up. Try avoiding all the mistakes you have done the first time and you will be good to go. |
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Hello, I want to invest my mined ethereum into some other cryptos. As the market is at it's low this looks like a right time to enter. Please tell which coin or token you think is good to buy right now.
Also i was thinking of buying Dent for some time. It looks like a quality project. Do u think it is any good for investing.
Thanks
If you think investing on Dent is a good choice/option then go for it. You must have done your own research to reach this conclusion. Other peoples opinion does not matter since they will tend to be biased towards the coin they have invested. They will make you invest on coins they invested even if its a shit coin. |
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Looks like the answer refers to one direction that is agree with what you say. Me too. The main capital in investing other than money is patience. Patience can make us mentally strong to face all possibilities that will happen. With so, glory will be achieved.
Just being patience won't help at all. You will need to use your brain Just buying a shit coin and holding it forever with a hope that the price will rise back won't be helping you at all. You will need to sometimes let your investment go. Sell it with loss you that you can open opportunities to invest on other better coins. |
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There is no such thing as "bounty strategy". Most of the ICOs fail. All you have to do is filter out those shitty ICOs and those ICOs which looks fishy as they end up scamming people. And if you do find a good ICO don't end up selling all your coins as soon as the ICO ends. Since during this time to price of the coin is never the actual value as most of the users who earned those tokens ends up dumping them for quick cash.
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