I have heard from many people that there are many people to leave the cryptocurrency.
Is that right?
If yes then what are the reason behind on it?
If no then why people spreading that kind of news regarding cryptocurrency?
Maybe some of them invested money without knowledge and experience lost too much and now are just disappointed in all crypto coins. And, honestly, I didn't hear any of such news. |
|
|
|
I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
As for me, first of all, it depends on coin you hold. But if you have too many altcoins and you bought them without researches probably some of them will cost nothing.Even if you have a lot of alts, I would recommend to buy them wisely. There are a lot of promising projects and it is not bad to buy a lot of coins it just increase your chances of profit but I will say once more, do it wisely. |
|
|
|
Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
Nowadays progress is flourishing, so is very likely to be truth. But even though we cant be sure. Remember those cards, which people draw in 1800`s about 2000`s? There were flying cars and colonized planets and we hadn't had all these in 2000`s. So sometimes we predict more then we could handle. |
|
|
|
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.
This is just another experience for you, understand your mistakes and go on! It is not the end of the world, but a good life lesson for you. |
|
|
|
Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars and natural disasters such as Earthquakes, hurricanes, cyclones etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls. As a commodity, what does Bitcoin price show or protects people from ??  Bitcoin and cryptocurrency can protect you from many things. Starting from protection against thieves and hackers, who decided to rob your house or credit card( wallet also can be hacked, but it is more difficult) and finishing with protecting from inflation of fiat money or devaluation. So cryptocurrency is safer than paper money, IMPO. |
|
|
|
I knew about crypto at the end of 2017, after a short time increase and make people crazy to invest, everything is down now. I'm not a trader, i'm just a holder, but i'm still afraid of the sign of market recently. Will everything be changed in next year? or several years later? Can i still invest in crypto?
I think yes, you can. But it all up to you, amount of free money you have, on the project you will choose. And don't be afraid, market always has good and bad times, ups and downs. If you are a holder, just wait till the moment you will be satisfied with the price and sell or whatever you want to do with crypto. |
|
|
|
•What if I dont have any money ? And I decided to hold my altcoin at my wallet.
•Will the value remain?
For example
I got a Klarity token and I got no gas so I will leave it there for a year or two.
•Any chances of value getting higher? Or it will die to years later?
As for me, it depends on the coin. Some coins just turn in dust and worth nothing, but mostly if you hold there are more chances they will grow in price. In case it is a promising project. For example, I would hold some 0x or Zilliqa because I consider these coins promising, so as I said, in the beginning, it depends on the coin and its success. |
|
|
|
It is already difficult to use Facebook to do ico promotion. If you do it soon, you will be able to verify your account very often. I think they may ban your account, so I have not been involved in Facebook for a long time. .
Is facebook really strict about this? I am not joining facebook campaigns now so I am not fully aware about the risk of joining facebook campaigns. But now I will be more careful. I haven`t anything like this, I'm doing FB campaign and luckily or not I wasn`t banned. I know that Facebook blocked ICO advertising, but bounties are still alive. |
|
|
|
what a year, wish I dump all the coin in late DEC lol
and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..
If we could know everything beforehand a lot of mistakes would never happen;) There is no sense to regret now. You never now what will be in future. Just wait till the price will go to the moon, and it definitely will happen you just need to wait. |
|
|
|
|
Very nice tips, especially for those, who just entered crypto world. I would also suggest having several wallets just to be more secure, because as you know everything can be hacked.
|
|
|
|
now a lot of new coins that appear, the price of its kind, there are cheap, and there are expensive, my question, whether this new coin will last long?
Your question is generalized. Some coins will not and others have all chances for it. If you have some doubts, check the team, their previous projects. Try to understand the idea whether it is worthless or not. Do researches and it will tell you a lot. Because it is impossible to say for sure will they survive or not without investigation. |
|
|
|
It is needful to say that before the completion of a magnificent building, it starts from the foundation, therefore, to excel as a crypto enthusiast you must start from the foundation, which is through the acquisition of knowledge.
I will not deny the fact that learning is a continuous process, but whoever is coming newly into crypto, should try as much as possible to learn first the rudiments before venturing into any aspect of crypo in order to avoid making costly mistakes.
What you already know cannot be taken away from you...
So, start from the foundation today and get the best from the crypto space.
That`s true. As the most simple thing newbie can do is surf thought this forum. There is a lot of useful information, which will help in future. And as a tip begin from the simplest things and then go up. |
|
|
|
|
I think the best option is to have crypto as hobby which brings you money, but not as a full job. Because market is unstable and you never know whether you will earn or loose. So having another job is good, it will be your buffer.
|
|
|
|
I think crypto is all about patience we should put patience in every coin we had with faith on it and have positive things in our minds this things will brings you success.
Patience is an important part of success in crypto deal, but it is not only about it. You need to be sensible, first of all. After doing many researches about ICO, which you want to participate and investing then yes, you need to be patient and have positive mood. |
|
|
|
I'm a bitcoin believer, too, but I still don't see a point for using bitcoin to pay in person, and for amounts I have fiat cash in my pocket? To pay online is completely different story for me, even more as I don't have a credit card. Bitcoin is then the only option for me.
I agree with your opinion. If in the case payment in daily life, I think cash is better and faster than bitcoin. But if online payment, bitcoin is the most used I agree with you guys, but nevertheless it is sad that he couldn’t pay with BTC. As for me, bitcoin and all crypto are popular among investors, traders, all those people, who want some profit. But, if we are talking about regular selling and purchasing products in real life there aren’t a lot of moves around crypto. Because all have cash or credit card and even those, who have BTC in the wallet probably will not pay with it in reality. |
|
|
|
In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.
However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own “trajectory”.
This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.
Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.
This is an interesting opinion that I doubt many people on this forum share. Altcoins generally are just a bigger market, but for most part, bitcoin is the bridge between them. Generally, if you want to buy altcoins, you have to buy bitcoin and then use that bitcoin to purchase the alts. It's hard to find places to buy altcoins directly. I believe this is what makes Bitcoin and Ethereum in particular so large in terms of all of the other altcoins. As long as the system of having to purchase altcoins using bitcoin/eth exists, it is very unlikely that the altcoins will surpass bitcoin, as there will be people putting as much money into BTC as they do alts. I agree with this. And despite the fast that a lot of alts were and will be created and even promising ones need some time for hardening. While BTC and ETH20 have already faced and fixed a lot of problems. So I do believe that some alts will become very valuable in recent years, but now BTC and ETH still will be in the top. |
|
|
|
This is so great that it makes it easy for travelers around the world to have tickets to watch football without having to go to the bank to exchange USD and RUB. I think there will be more Bitcoin accepting services and this is what travelers prefer. But I'm not sure there will be many people choosing the bitcoin payment channel as most will choose to pay cash and their visa card. Cash will still prevail, but allowing the use of bitcoin as a payment instrument is an innovation in billing and the world will know bitcoin more.
This is an Idea that I will agree , with this the time delay and hassle will not be an issue anymore, bitcoin is a digital currency that enables the user to transact in the fastest way to afford services and other stuffs. But before that we must show the world what bitcoin can do to change the future. I think people will pay cash or card for tickets. And I can assume that mostly people, who have BTC try to hold it till price will rise up and don’t want to spend it. This is just my opinion. But still it would be a great opportunity to show the county as crypto positive if they had such facilities. |
|
|
|
|
Good list! I rely almost on the same tips and the very first one is always do research, google everything and double-check. Because there are so many people, who wait for your false step to scam you.
|
|
|
|
|
Sounds like a good news for crypto world. China is a very developed country and they just progress more and more. Taxi drivers have already accepted mobile payments for a long time, so this innovation will just make it easier, faster and safer.
|
|
|
|
Nothing will happen it will.be stired in your wallet forever.so before that happen why not try to share youre private key to one member of your family so that even you died they have access.pick someone whom your trust much.
And don’t forget to teach someone from your family how to use it, if they don’t know. As for me, the best option is to give private keys to your trusted relative. Or if you don’t believe anyone now, maybe you can put this information in your last will. But I don’t know whether it is possible. |
|
|
|
|
Show Posts
