If it does, and it will, the government will simply acknowledge the existence of crypto currencies and actually protect its citizens from financial crimes by applying laws especially made for crypto currency. Of course taxes should be in a minimal considering its new, but for me paying taxes is a small price to pay so the government will be more open to crypto currency.
And how they are going to put laws in place to protect their citizens when they could lose all their coins to a person living in the other side of the world and that is impossible to track and it is also impossible to recover your coins? People need to understand this, the government will never be able to regulate this market and the sooner you realize this the sooner you will realize that you are the one that needs to protect yourself. |
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Such time may be enough or sooner, the development of bitcoin in recent years developed extremely fast. I think about 5 years is the time of crypto payment is the mainstream
This is not only about the development of bitcoin, this is also about its adoption, and even right now the amount of people using bitcoin is simply too low, but that is bound to change, but you must understand that it is a complex process that takes a lot of time, just look at cell phones today, they have been around since the eighties and it was not until the first decade of the new millennium when they became really popular. |
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Ethereum is very dangerous now, its price has returned to the price before last year's rise, even lower than the price at that time, this is a dangerous signal, Ethereum is slipping into the abyss.
Ethereum is going down in price, anyone can see that but to say that is slipping into the abyss is simply too much, you are exaggerating, ETH is going through some difficult times but what coin is not suffering that fate as well, so calm down if I had a lot of money in hand I will invest in ethereum and wait until the price recovered and earn a lot of money that way. |
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What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
If you want to store your coins for the long term then the best option is a hardware wallet no only they are very secure the chance that you lose your money is very low especially if you use an operative system that is clear from viruses, another good option is a paper wallet but a paper wallet has some disadvantages compared to a hardware wallet and that is why I prefer the former. |
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I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn
Reading articles and watching some videos is simply not enough, you are going in the right direction but if you really want to learn you need to read several books about the subject and design a strategy that fits your investor profile, do that correctly and surely the profits will follow you but if you fail you are probably going to lose all your money. |
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Holders are doing more damage to crypto. They are making it useless in the long run but everyone is concerned making money with price movements.
In what way holders are hurting cryptocurrencies? Please explain it to us, they are holding their coins because thy think those coins are worth it, this reduces the supply and makes the coins even more valuable and scarce, how can that be a bad thing? And if that was not enough many holders dedicate time, energy and a lot of money to their coins, something that the average user of cryptocurrencies does not do, so explain how the holders make coins useless. |
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I am hoping for the best of the cryptocurrency market towards the end of the year and hopefully in the whole of 2019. I am expecting a great recovery if not a bull run and everything should be based on real market forces and not so much on speculations. However, we know that this is the market where anything can happen and things can be beyond our own control and influence. I am now thinking that if cryptocurrency will still be bad in 2019 I would reduce my involvement to as much as 75% and use my energy and time to something else...this is my way of diversifying and putting my security on my finances. This is just like saying hoping for the best but preparing for the worst..
What do you think?
There is a big possibility that the market is going to remain as it is for the next year as well, so if you want to get out you are completely free to do it since no one is going to force you stay here, but I think you are going to regret it, because after that the chances the year of 2020 is really good will be high and when that happens you are going to wonder why you did not had the strength to hold your coins. |
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The bitcoin price fell free, losing nearly $ 14,000 in value since the peak of 2017. But while cryptocurrency hovered around this year's lows, a new $ 300 million fund dedicated to the crypto market has given investors fresh optimism. The cryptocurrency market was further encouraged this week by news that Facebook reversed its decision to ban ads for bitcoins and other virtual currencies.
This move once again sparked rumors that Facebook is planning a major acquisition in space, or even potentially cryptocurrency itself. Facebook CEO Mark Zuckerberg said in early 2018 that he plans to "go deeper" with cryptocurrency technology - which offers more than 2 billion users worldwide - launched the blockchain exploration group. Other analysts said that the lifting of Facebook's ban will help reverse the price trend of bitcoin and other cryptocurrencies.
"The crypto market has been in bear territory over the last week or so," Nigel Green, founder and CEO of financial services firm deVere Group, said in a statement to The Independent.
"Facebook's step can be expected to help take it back towards the bulls... Savvy investors are looking at the bigger picture."
Looking at the 12-month price history of bitcoin, the cryptocurrency's current value still represents a 260 per cent increase year-on-year. Yes the price is going to recover, I know this can be difficult for people especially for those that are new in this market since they have not seen the incredible ability of bitcoin to recover but one problem with that is that it takes bitcoin a lot of time to go back to its original price, so you need to learn to be patient and hold your bitcoin as if your economic well being depends on it, because most likely that is the truth. |
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I will. Funds need to be diversified and spread to different places. It is extremely unwise and unsafe to keep all funds in one place.
I disagree, many people invest in all kind of speculative coins and then they lose their money, if you are going to do that the it is better to keep your money in bitcoin, also while many think that having all your bitcoin in a single wallet it is a bad idea it is not if you take the right precautions, after all it is easier to secure only one wallet than to try to secure ten. |
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Most of my funds have decreased a lot with the decline of BTC. At present, I do not have much money to continue investing in crypto. Most of the investors have no money to buy when the price is very low.
But that is because many wasted a lot of money investing when the price of bitcoin was really high and that was a mistake, what we need to do now is to work really hard at our jobs and save all the money we can, and then invest that money in bitcoin, since the current prices are some of the best we are going to see and we do not know how long they are going to last. |
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I do both trading and gambling, but of course I have my own limit on both activities especially gambling. Trading is absolutely better than gambling if we know how to trade, gambling is just a pure luck and it has higher risk to lose money. So my bankroll for trading is always greater than my bankroll for gambling. I use gambling to release stress of my daily activities, I usually gamble on the weekends only while I do trade more frequent.
Yeah I like both as well, but things can get very ugly if you get addicted to gambling so it is better to not gamble as much and always be very attentive of your habits so it does not get out of control, trading in the other hand is an activity in which there is not such a thing as spending too much time in it since every second that you miss could be the perfect point to buy or to sell and you do not want to miss that. |
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I am fortunate enough to make 600k from buying and trading Bitcoin and other crypto assets, and I don't know what to do with the money.
Six hundred thousand dollars is a huge amount of money in my country, that is worth hundred millions of my country’s currency and I think if I’m the one who go such an amount of money I would probably call it a quit and withdraw everything. With that $600,000 I can start a very bug business here that can bring me a lot of profits and even put me on same level with the richest people in my country. Damn, when am I going to get that kind of money ? Hmph… well all it takes is hard work. If he held his coins he probably has <$100k now at best, probably <$50k. Anyone even now telling him to hold is foolish - though hindsight is a wonderful thing.
Lol that’s true, believe me I was thinking the same thing even, cause I checked when he posted this and made a little price Bitcoin price. If he truly made $600,000 in crypto and decided to leave it in his wallet from then till now then trust he will be regretting what he did. And if he did, then that’s because he was being greedy lol. I can’t have that kind of money in my wallet and won’t be checking my wallet every seconds, every minute and hour lol. We do not now what happened but if I was him I would not have sold, after all that money could easily go up 5x to 6x in just a few years by just holding, so even if you did nothing you could get even more incredible profits, but taking the money was not such a bad idea either since in my country that is a lot of money as well, that is so much money that with the right administration you could retire with that kind of money. |
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Wouldnt it be nice if each country in the world issues its own crypto currency just like they issue sovereign bonds and they raise funds from there to fund projects in their economies. I know Venezuela tried to do something like that, but the project was already being killed by the governments opponents before it took off. Now lets assume that didnt happen could it be a good way to create some form of sanity and confidence in the crypto world.
You do not seem to understand this, we are trying to get away from governments, why I would like to buy those cryptocurrencies when I do not even believe in their fiat or in the way they govern their countries? Those will be cryptocurrencies in the technical details but those currencies will not be decentralized and that is what we want and need, currencies not printed by governments and that they cannot control. |
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For bitcoin, I'm afraid that in the next few years, its value will remain at $ 7000 to $ 8000. And I will sell them at over $ 10,000.
The price of bitcoin is going to remain in place for some time maybe years but do not sell at such a low price, you are only wasting your money, wait until the next bull market comes when you do that you will see the great profits that you will get, that is what I am waiting and I am sure that bitcoin is not going to disappoint me and could reach a price as high as 50k. |
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There was a significant dip a few hours ago you could have bought many of the coins with an incredible discount, almost all the market was red and when that happens that is a clear sign that you need to buy since the market is going to rebound quickly and that is exactly what it happened and now almost all the market is green and giving profits to anyone that invested a few hours ago.
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I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?
You still have not lost anything until you sell, I know this is a different way to think but that is the way you must think when you are an investor, the losses that you have are only a potential that do not materialize until you actually sell, so you still have not lost a single dollar due to your investment in bitcoin, the only thing you need to do is to hold for long enough to recover your money. |
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As I always say, the weak die and the strong get stronger. This is exactly what happens in the cryptocurrency world and the market. In the crypto market, it is important to be patient and not to panic when the price of a currency falls to the lows. I know for sure that bitcoin will grow higher.
I think in the world of bitcoin there are still many users and investors who have weak hands, because you can see when there is bad news, or bad speculation, and prices are falling, many users cannot be patient and easily sell their coins when they panic , the proof is the price is very easy to drop sharply in crypto market The amount of weak hands is smaller than just a few months ago when we were in the middle of the bubble, however there are still many people that could sell at any moment and this is because they are waiting for a very big recovery and they are not seeing it and when the year ends and the recovery does not come I really think we are going to see another decrease of the price of all of the people that will leave the market disappointed with what it is happening. |
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Do you ever feel like you're overly obsessed with cryptocurrencies or trading/investing in general?
Personally, I'm fairly satisfied with my investments/decisions so far but yet I'm looking for market opportunities most of the time. I think that's mainly because of the fact that majority of my time browsing the internet I watch related content. I'm passionate quite passionate about it.
Over time it kinda makes me feel depressed that I don't make as much as I possibly could or others have better scores (some unhealthy jealousy I guess?), so this "paper-chasing" has become a target itself.
When I want to take a break from all this stuff for let's say a month or week at least then I'm not able to because I'm afraid that I will miss out on something.
On the one hand, I have made investments in projects I believe in so I could leave it for few months even and then back but at the other hand, I'm still not quite sure about my diversification so I keep watching the market.
Can anyone relate?
We are not addicted but you are right, once you immerse yourself in this world it is almost impossible to get out of it and to be honest I do not want to do it, I have gotten important profits out of this market and I am not willing to lose a single dollar just because I was not putting enough attention to the market while I was doing something unnecessary. |
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500% in this market is quite a realistic goal, but then all the stars should come together. I would advise you to consider investing in an ICO.
It is possible to make that money that is correct, but whether or not that is realistic will depend on the person, there are people that have a lot of money to invest and yet it is going to be very difficult for them to make that kind of money since they do not know anything about this market, and in this market being ignorant of the risks can make you lose a lot of money very fast. |
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We all know that the development of a certain country comes from the taxes of its citizens, and we all know people who engage bitcoin don't pay taxes to the government, what will happen to a country where 80% of its citizens engage in cryptocurrency?
There is a big possibility that this things might happen In the future because bitcoin is growing faster and very known today.
There are only two possibilities either the government accepts its fate and becomes smaller, this is very unlikely, or the government bans cryptocurrencies, the most likely option, but even then no one will comply so governments are going to take the longest and hardest part but eventually they will have to acknowledge that they will have to get smaller. |
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