Good, it was about time, we have been waiting so long for that. Is the beta version already safe enough? |
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It seems you have made some of the worse mistakes one can do when entering crypto:
1. Lending money for your speculation
2. Trying your luck in Ponzi schemes
The rule here is never invest what you cannot afford to lose.
Now it's too late. Perhaps you should look to earn some money outside of crypto and come back here with that one.
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It really depends on:
1. What you can do better
2. What do you have more fun doing
3. How much money you have for trading
If you have no money to start with, before trading of course you would have to first earn what you plan to trade. In this case, you would probably start with signature campaigns.
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I would just sell everything (or perhaps let's say 80%  ) the day that this would solve all my present and future economic needs. To keep always 20% is wise because let's not forget that in the end the first to fail could well be the fiat money |
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These two approaches are very different and the result very much depends on your skills. If you are good at trading you may do more money with trading, but if you are bad, you will lose it. Holding requires almost no skills. The only skill which is necessary is to be cold blooded what you get in a bloodbath like these very days.
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You have to get a good understanding of which have been your mistakes in the trading, and look forward to learn and not repeat those mistakes. If you don't understand which have been the mistakes, stop trading until you do. You may look for some trading courses on yourtube to help you understand typical mistakes people do while trading.
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There are analysts who argue that Bitcoin won't take off without having done a double bottom though. This is a possibility to take into serious consideration. THAT would be a better moment in which to buy.
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I agree with your logic. Sometimes I also like to sell something to buy it back cheaper. However, this works if your predictions of lower prices are correct. If you sell and then, BEFORE the price goes down the price reverts its trend and goes up, you're out of the market. And I must confess that it has happened more than once to me, with altcoins.
This is why people who don't want to take this risk of trading just hold, looking for the long term.
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There has been the news recently that VISA has revoked some license or whatever to companies which were issuing cards that allowed to spend cryptocurrencies, if I have got it right. Is it a risk that could affect also the Cointed project?
Yes, but Cointed is not affected by that, as we have stated in the past we will be releasing this product. This is a really good news, I was worried when I had read that news. All the best for your project then, I'll get some of your tokens |
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What is your definition of a whale?
A bitcoin whale is generally a person who holds a huge amount of bitcoins in their wallet. And it those whales let say sold a huge chunk of bitcoin, it could have some effect on the price. I think they also manipulate the price from behind using this method. I also believed that this maybe a individual or a group of persons or even a company. So basically they are market movers because of their influence on the price. How many BTCs do you need to have to be a whale?
It depends. Once individual can owns 1000 btc and can be called a mini-whale. And also there are dolphins as well. But those group of person who holds around 10000 or more can be definitely called a whaler. And I think early adopters of bitcoin has literally thousands of btc as well so they can categorically can be called as whale as well. By now I don't know how many early adopters of Bitcoin are still in possess of their coins - I believe most of them would probably have sold most of their coins on the way. So current whales are probably more likely to be speculators. Early adopters who still have their coins are likely to not move them. And usually people would call a BTC whale someone who has an active presence in the market, so that he can be "perceived" as a whale. Trust me, I am the Whalehunter |
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It is possible that Bitcoin will make a little visit below 5000$ this month, but I think it would then probably take off to the upside again. Of course, every forecast is just a guess at this point.
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Any news from the OP? If he keeps silent perhaps he has lost his investment. Even though he is a professional trader, perhaps he is not familiar with the extremes of Cryptos...
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How do you express yourself in English? WTF does "how do you panic" actually mean in your mind? I think you should try to express yourself properly at least in the title of your threads.
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It is extremely unlikely that Bitcoin will rise to 100K in 2018 - it doesn't go so fast, people who make huge profits want to cash them out and this does not allow the price to rise so much so fast. You will have to wait for a few years for that I guess.
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I have been thinking at something like that all the time, such a pity I didn't sell at ATH and then rebuying in the 4000-5000 range. The point is we cannot be sure that history repeats itself. It could have a different pattern this time.
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Thanks for sharing the news. I've sold my XRP at ATH and after this news I am even more motivated to rebuy when the correction will have been completed - hopefully the price tanks a bit more before that (sorry hodlers ) |
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I think this is a very interesting issue indeed. And it is full of mysteries. I'm asking myself too how this drop of dominance has to be intrepreted, but cannot find a truly convincing answer. Yet.
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This is actually a quite interesting point. But the fact is that nobody can DECIDE to switch from BTC to whatever else. Bitcoin is still the common point of reference - that's a fact, and you don't cancel facts at will. At one point it may happen, but probably not on someone's decision - just as a self organizing phenomenon.
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I would always be suspicious about WHATEVER JPMorgan would tell us. If they tell it is a scam, they want to push people to sell - so perhaps you shouldn't sell. If they say it's gold they want to push people to buy - so perhaps you shouldn't buy.
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Top 10 crypto coins to Buy in 2018!!!
1. Bitcoin
2. Ripple
3. Ethereum
4. Bitcoin Cash
5. ILcoin
6. Litecoin
7. EOS
8. Monero
9. NEO
10 TRON
And which coin will set a new record?
Some of these coins have already reached capitalisazions which are too high. I am speaking about Tron, Litecoin, Monero, Ripple, EOS... I think you can find a few more, like BTX, DeepOnion, ZEN... |
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