Steam dropped bitcoin support citing "high volatility" as a motive. When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing? If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad? Where does the idea of high volatility being an unnecessary evil come from? Are there good arguments or evidence which support the concept of high volatility being a negative circumstance? In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction? I don't really think so. If bitcoin is not as volatile as it is now, then people will not be able to earn by investment. Perhaps people could just work for them to earn bitcoin. Then that would mean that bitcoin is no different from the money that we are using right now. Therefore, bitcoin's volatility is definitely a positive thing and not just something that should be eliminated. Volatility maybe positive or negative. It is the way market move specially from the FUD they encounter that makes them more popular to the investors which are being intrigue what bitcoin is. With this popularity, I think bitcoin becomes more successful to its journey being the number 1 in the crypto currencies market.
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Well if I didn't meet bitcoin and the blockchain, I'm into the stock market and Banking interest rates as well as investing in some precious metals, or planning to have a business (still one my goal in the present) well there is a lot actually, I have a long list of things that are productive and can double my money, but all of them are nothing to cryptocurrency, yes I know the risks and the scams but as long as you know your game plans here, your good to go.
Exchanges in stocke market or the forex is one of the best thing we could actually try on doing it is just like crypto currency where we need to invest in a certain stock out of the market that could actually grow and develop and can give profit to us at the end of the time. Although bitcoin still the best to earn profit, I would say stock market was the same as crypto currencies in terms of theory in trading in the market. I would rather invest on physical things like a property from province which has the opportunity to be urbanize. And also this investment can last a life time and can be transfer from generation to generations. Unlike in crypto, if you only know that you are a millionaire and something happens to you, you money will be stock forever together with your earnings.
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I was the one who sold to early But i learned the lessons. Holding is a good opportunity to earn much more that by trading and if you have not time and experience for trading like me. But to avoid money losses you should always fix the profit by x5-10 (it will back your investment and give profit) and then keep other part for years, Then it can give you x50-x60 but already without the risks. Don't be greedy! It depend on your needs Sir. Some of my profits are from low volume coins which has more good opportunity for x5 to x10. But we should also do our research to avoid our doubt of fear fo the coin that we are trading. Its still the best to have a understanding of what projects we are investing and its potential growth in the market which like i probably learn from XLM or Stellar
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I started 2017 broke and with a very low wage. My girlfriend also broke up with me in the beginning of the year. Although I had committed some trade mistakes I was able to get 400% gains, thanks to btc. This gave me hope and made my year a lot better. I wonder how many people bitcoin "saved" this year, even preventing some suicides maybe.
Godbless for people that changes their life this year. Learn from every mistakes in trading because the best teacher are experiences. More HODL and profit to the cryptocurrency.
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Dear audience I have 0.05 BTC should I hold it for future value ? In recent time the market is very dumping so that feeling little scared. The amount is not very necessary I can hold it if the market will raise
Hold them because no one knows what future bitcoin have. Its still better to trade with potential altcoins that may pump this year rather than expecting bitcoin to double again. Also you can learn a lot from trading if you would try it.
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I'm extremely depressed about my impatience and persistence. I'm a stupid man. Fuck myself. I bought the ETC when its price was 15$, i kept it for three months, including when it down at 9$, I still don't sell, because i believe it. And when ETC rise to 15$. I sold everything and waited it down $ 13 to buy more. But, fuck myself, the next day it rise to fucking 30$, Are you kidding me? I bought 5000 XRP from May, i still believe it, I bought more yesterday, I bought when its price was 0,00001610sts, and when it down 0,00001558, i afraid BTC up, XRP down. So i sold everything. And... This morning I woke up with a sense of chest not say words.
This is my mistake, definitely like that. I can't blame anyone. I told myself, "The market is still there. Nothing to hurry" I don't complain, i post here just relieve stress. I didn't tell anyone about this, including my wife. Thank for listening.
Learn from every mistakes mate. every decision making is a new experience. But still its a profit. Don't look miserable with your self. I think you are needing profits badly. Just have fun with trading and you'll see, profit will come again.
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I think the winner was not published
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Just think how it can be the 1st coin ? 100 billion coins XRP exist on market. How much 1 coin must cost to came the 1st coin or crypto ?
The amount of coins is not important. The market cap is important. Currently, if the price of Ripple doubles, it will be already #1. In that case, all crypto marketcap will also increase, maybe to 1 trillion dollars which is also good for other alt cryptos except bitcoin, btc gold, bitcoin shit, bitcoin pee, litecoin etc. In your case, if all total supply circulates (100 billion) with a price of 5$ let's say, this will equate to 5 trillion dollars market alone which is unlikely currently, but in a few years, it can happen i guess. Compare to the wall street and do the math I think 2018 will be the year of altcoins. Most of the alts since last quarter fights for the increase of value since bitcoin transactions are still very slow. That why many investors turns their tide with other coins specially XRP (Ripple).
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The recent news coming from South Korea where the government is now imposing regulations for Bitcoin and cryptocurrency trading is quite reminding us the power of the government to deal with the matter and the seemingly no choice but to cooperate with those in the authority. Cryptocurrency exchanges are for making money and when this fact is threatened because of non-compliance with what the government is imposing, business sense will tell us that it would have no choice but to yield. What is happening right now in SoKor can be that catalyst which other nations may also do. I am seeing this year to be the year where regulations, compliance, KYC and other related matters would be cemented and become just normal things in connection with the cryptocurrency movement. Do you think this can be good in the long-run or are we not sacrificing long-term repercussions for immediate gains? With one country as an example of regulations means the power of the government to control its people. With the popularity of bitcoin, you can still use crypto currency in other countries not only at south korea.
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I think personally, if the bitcoin prices are stable, bitcoin will remain popular
Bitcoin will be popular, but will not be as popular as it is now. The popularity of bitcoin increased because of the high quantities of investors and the speculation of the price of bitcoin. These where the major reasons for the growth and popularity of bitcoin. If bitcoin becomes stable at these prices like after this correction is over and bitcoin enters 2018 with a value of 20,000 dollars, it would still remain popular but the way people are frequently investing into it will significantly decrease. People are treating bitcoin as an investment because of its volatile nature and unstable prices provide them opportunity of trading. Bitcoin will lose its charm if the prices become stable. I think people are having doubts today with bitcoin because of high fee's and slow transaction which become a contributor with the stable price today. But if the platform will be fast again, bitcoin will probably gain more trust again and It will again attract investor which aim higher profit from it.
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Why are some governments so keen to prove that bitcoin is dangerous. Recently, the Indian government sent notifications to the citizens that they should not invest in bitcoin.
Its still depend on the person if he or she want to invest money to bitcoin. I think the government is only preventing people to earn more because the government can't trace your transactions and they don't know how to tax it. We all aware of the risk before entering the cryptocurrency, then why should we be afraid of it? I think we are more afraid of the government giving higher tax for every salaries that we earn.
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