It is the alternative way that we can help other newbie investors that they did not having a panic selling when time comes all crypto currencies are in dip or decreasing price in the market. However, if we all say that hold our remaining balance in crypto's coins it is a big help not to quit in holding. Because mostly investors when the price was down they have a big lose from their investment so we have nothing to do just hold and hold until your profit was there.
For me, another reason for holding now is because it is the best and the smartest thing for us to do. As you can see, the market does not look good for selling at this time because of FUDs and other issues affecting the price of bitcoin. If one is going to sell now I am sure that it will be a big loss after bitcoin recovers. This year, bitcoin did not have a good start but just like other people I am hoping that by by next month or before mid-year the price will climb up.
|
|
|
First of all, define "fair".
Yeah, that's what pops up in my mind first on reading this thread. Anyway, even if they becoming rich because of bitcoin is pure luck, there's nothing much to complain. I'm sure even if I'm exposed to bitcoin earlier than these people, I'm sure I will be too lazy to explore about it. Remember 'lady luck favors the one who tries'. That was so mature of you, not blaming anyone for failing to be a millionaire like some due to bitcoin and taking it on yourself. I don’t find anything unfair here. Those who are rich have done something about it. And also, there is no need to feel so doomed. If we want to become one of them, we can also do it. Though it could be a lot easier in the past but I believe everything happens on its right time. We can't really deny the fact that there are people who thinks that it is very unfair that some people already new bitcoin long before they come to recognized it. Seriously, it is not their fault if they come to know it first so don't be angry and insecure with them. Another is that, there are people who is good when it comes to trading so even if they are just new or just happened to be a member just few years or months ago and then they are earning good already, don't be angry with them. Instead, be happy that they had been successful and it should be an inspiration for all of us because they are proofs that earning bitcoin is profitable.
|
|
|
Somehow I known that every years first month bitcoin falling down, and then finished the January months bitcoin go with his own speed. So, first month (January) end, now 2nd month of the year 2018. Now can be rise as like 2017? or few months ago. How says expert research!?
Bitcoin will certainly grow, but I have many doubts about the possibility of its pump. I think it will be going forward, but slowly. Even though it grow slowly but it consider to be an encouraging event in crypto life knowing that still a lot of people are in doubts of its capabilities. Actually, some members in here are just having a test and they are somewhat to say that they can't risk their money without any assurance if returns. That's why when crypto are falling, they are the first one to move away and keep safe. True, bitcoin may be frustratingly volatile and very unpredictable but still many people still believes in it. Looking on the market price and seeing a dump is very annoying but just like what I said in other threads, you just have to get used to. Investing in bitcoin and in other cryptos are all taking risk but many people are still taking that because they can see that they can earn big from it. About those people who are just trying and testing how it feels to earn crypto and then walk away when the situation is not good are those who contributes on panic selling and contributes on the dump. Some people must really think that earning bitcoin somehow easy.
|
|
|
Of course not, there is no restrictions as to who is supposed to earn and use bitcoin. Bitcoin is made not for rich people to become more rich like what is happening our country's economical rules, laws, plans and etc. It was made to use and earn by all the people who believes in what it can do and what it can be in the future. To be honest, earning bitcoin feels more worth it than having regular jobs because with this I feel like I am really working hard for the amount of money that I deserve plus the added opportunities. Bitcoin earners deserve what they are getting because they have put effort and time on this.
|
|
|
I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you buy* low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise ) There is right time to sell and to buy bitcoins. Today, I can say that it is the best time to buy bitcoins because the price of the per each is still low. The right time to sell our bitcoins is when the bitcoin reach $100,000 per each. Right, I am sure that many people will grab the opportunity to buy bitcoin now that the price is low. Bitcoin will soon recover and if ever a pump happens after this huge dump, the price will be too high for every one of us to invest. Though there are people who can afford investing whenever they want to (even if the price is high), it will still be profitable to buy at low prices not just for bitcoin but also for other cryptos. The market is full of surprises anyway and I am sure that once you spend time on understanding the details you will know how volatile coins are and that patience is needed to be successful here.
|
|
|
The merit system is not working, look the merit points of people on the forum, it does not move (even for the more relevant posts), the forum established a system which was suppose to penalize newcomers flooding the forum with useless post, but the forum penalize itself, good luck everybody, If you think people will give you merit points for free you are mistaken.
Can't say that it doesn't work. It's like 2-3 weeks since it was invented into this forum. It needs time; users will get used to grant merit to others and it's movements will kinda speed up. Just some time I think. I agree, by implementing the merit system, nonsense posts are reduced and the forum is looking good now compared to the previous months. Many people are still angry of this implementation especially those who were farming accounts but of course they can't do anything about it anymore. It was the moderator's decision and they are just doing their job.
|
|
|
Yes, it is great time to buy bitcoin, because the actual rate is low and if you are planning to hold BTC for long term, you will make good earning surely when the price go up again after some time. Almost all experts said that Bitcoin's price is going to increase highly in long term, so buy now since its cheap and hold.
Besides if we sell now we will just participate in the panic selling which is causing the dump. Yeah the market price really looks bad but if we just wait. Bitcoin will recover because many will still invest in it especially now that the price became low. Bitcoin is always like this, there are times when we will be frustrated and annoyed because of the value but there will be times when the price is too high for investing.
|
|
|
I can go as long as I want because I only gamble for fun and when my cousins are around. I am more of book person so I prefer reading in my past time. I have been thought how bad it is to make gambling as a habit and I also don't want myself to get into serious trouble because of a game. There are many things we can do in exchange for gambling that are much more important and if you know for yourself that playing gambling does not do any good to you anymore, then it will be better to walk away from it.
|
|
|
I just quit my office job to have full time in crypto world. I split my time of day to work manything: doing bounty campains, researching good crypto to invest, trading 3 - 4 times per week (not day trading) and may be next time i'll learn about mining. Anyone who has been off work like me can share your experiences?
It actually depends, if you are earning good money on your current job, if you have a good working environment at work, if you love what you are doing at work, and if your job is not causing you a lot of stress, there's no need to quit your job. Having a good career and real life job experience is good. You can still earn extra money in cryptocurrency even if you don't devote a lot of time on it. Right it really depends on the situation. There are regular jobs wherein the payment, stressed and troubles that we received is not what we deserved. Imagine yourself working hard so much and then what you received from the company is unjust, for sure you will also leave that job for bitcoin. I know some people who are professionals already but when they heard about bitcoin, they also prefer earning it than their jobs.
|
|
|
they would not ban cryptocurrencies they just want to prevent illegal activities and to put tax on some local exchange sites. cryptocurrencies can help the economic of their country and many of their people support it. their people would be disappointed if they ban crypto.
They had to explain it to everybody clearly, and they made some vague statements. Thus everybody thought cryptos would be banned. The same happened recently in India. Now Indian authorities say they meant ban of criminal activities connected with virtual currency. Banning is completely different from regulation an prevention. When news of Korean authorities getting concerned with crypto activities circulated in the net, the price of bitcoin go down and it clearly shows how many people thought that there will be a country banning bitcoin again. This proves how people can be so easy to manipulate and I think that because bitcoin value cannot be controlled they are trying to control the decisions of the people. It certainly works and affected the market price in any way.
|
|
|
Panic sellers are always big threat on the bear markets. They dont care about price tag without any semantical or technical analysis. Selling pressure doesn't let buyers to grqb best prices on the market because panic is like cancer which spreading all over cross markets.
True but we can't just totally hate and blame them for that. Just like everybody else they also want to earn profit but sometimes emotions could really ruin every plan and every dream. I think that they care about the price, it is just that they care so much that when the price go down they also go down with it. Most of them are new in this industry so it is also counted as a reason for them to participate in panic selling for they are not used to what is happening now.
|
|
|
Bitcoin is very volatile, so whats happening rightnow is not new. This big drop in price of bitcoin has a really big impact to those who have weakhands, they started to do panic selling, which is not good idea. Thats why its price is still droping. But i know bitcoin price will still recover. All we have to do is to take this big drop as a chance for us to buy more bitcoins and then wait untill we get big profit. Just be patient and trust bitcoin, big profits are on the way.
You are right but I doubt if we will really earn a big profit when the price of bitcoin recovers. People tends to sell at wrong time like if the bitcoin recovered and then you sell but then the price bubbled up to a higher price making you lose possible profit. People who hodls whatever happens are the ones who benefits the most from this situations especially if you have funds for investing.
|
|
|
It started with me getting my rank high first and then I joined an altcoin signature campaign. I have read in this forum that it will be better if I take care of my rank first and at the same time read aboud cryptos so I will not be getting myself into trouble here if I don't have knowledge about what I am doing. I worked and worked well anyways. Sometimes the busy schedule does not meet my time for posting, anyways earning cryptos will teach you to do time management and patience which will help you to go further and further in this.
|
|
|
I also hodl because this panic is not worth my peace of mind. I'm now down 75% on my profits and this is still a healthy correction in my eyes. Hopefully after this we will have less moon lambo kids here as they now probably all ran for the hills.
Sometimes I just wish I was smarter in taking profits and having fiat ready when things are on sale like now. I could make a freaking killing. But then I'm greedy and think it's going to go up forever. I can never quite predict the peak. But now you can double or triple your money in coins (including BTC) that just have to revisit their previous ATH. It's an amazing opportunity.
I feel you bruh. Wish I followed the rule of selling 10% every doubling price in December so I would have some sweet cheap coins... I have also not prepared for the dump now and made the mistake of selling last December. How I wish I have left some cash or something for me to buy coins now. It really is hard to predict and catch when will be the time for us to sell or to buy, sometimes we think that we might be doing the most profitable way we can but we end up losing a good possible profit. Anyways, I personally think that this is how trading life goes, we aim to earn big but we can't earn it all.
|
|
|
Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.) Should I avoid pumps and dumps or try to earn some money? It would be interesting to know your opinion, guys! Thanks
Actually no, everyone encounter the pump and dump because the price of bitcoin/altcoin depends on the volume. It means the dump and pump depends on the supply and demand in our market of cryptocurrency. In fact, some get lot of profit and some lose a money. A forex system, that the money cycle depends, there are people who earn and other turn to nothing.
|
|
|
Nowadays many people are starting to invest money on bitcoin or the buy bitcoin..is this a good approach? How this will influence us in future?
Actually YES, as what I encounter now in the bitcoin it is very helpful to my life and a way to become rich in the future. Think about the past of bitcoin, from hundred value to huge value now, it gives totally a big profit on those people who invest/save their money in bitcoin. Because of continuous popularity of bitcoin around the world, the price will increase also and that's the reason why we can get anf make sure a profit in the future.
|
|
|
We can't avoid to lose money in trading cause the price is unpredictable and volatile.
Maybe right time for the right price, but sometimes we become greedy and want more profit and turn to nothing. Be contented, if you think you have profit just trade and try again, in this way you can get experience to become profesionalt trader and earn lot of money.
|
|
|
I think if bitcoin prices continue to fall this will bring problems, but if the price goes up then this is profitable, I'm sure that it takes patience and time to see prices keep rising.
True, price is very important on the participant of bitcoin cause it is the source of income of almost everyone here. The pumping and dumping affect's the income and strategies of traders and investor also the people who save bitcoin. Moving up and down pressure us and become greedy to make a big profit, in other word the price gives a big impact in the participant of bitcoin.
|
|
|
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
Bitcoin is very helpful to my life, it is my source of income now. As a student ( no money to use in capital ) I choose the generating of bitcoin which is joining campaign because sure income I get from there. I want to become rich with the use of bitcoin so that my earn money also used in business to make sure my future.
|
|
|
If your planning to buy btc and just hold it it's still a great way to gain but you don't get more btc by doing that. So if you trade alts you will earn money and in the same time get more btc. And it is best (for me) to trade alts rather than just hold btc. (Usually i have a bag of btc to hold.)
Trading is far more profitable than just holding plus you get the chance to manipulate how much you are going to gain. It is not easy but if one puts hard work and determination how trading works then that person will have chance for a good adventure in trading. Investing is a risk but trading holds much more risk, it may be frustrating because the trading prices easily change but the challenge is there. Earning in signature campaigns and then trading is what I do to earn and accumulate bitcoins and for me these two methods make a good combo in earning bitcoin.
|
|
|
|