This is why the cryptocurrency network is mentioned to be the risky thing than any other investments. It looks like we get big profit through altcoins, but suddenly we end up losing big than what we get through just holding the asset. It is all about the study about the market. More the time we spent on analyzing the market more will be the profiting.
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However things get digital, the technology provides ease in each and every activity. Another thing is that cash is interlinked to each and everything, so without cash even our bitcoin will go valueless. Because, till date bitcoin is valued in terms of fiat though it's denomination is made in terms of Satoshi.
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Make sure you are to take risk, then afford the one that you tend to loss. This can be either a small amount or this can be a big amount. Wut ico we can predict to some extent all about the real growth based on different features as well real time usage. Even successful projects go as a scam due to lack of promotion. So ico is interlinked to lot of factors. It's our responsibility to make the better decision while investing.
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That's good to go through such an information. Already Peter Thiel is an technology aspirant who has invested big into cryptocurrency. Now this time what he has invested has helped with the massive growth by the starting of the year which is expected by the year end itself. Being the part of PayPal, he revealed that he'd have used bitcoin technology if I had known about it before the existence of PayPal.
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This year we'll progress towards $25000, because the growth of the year has begun taking the value upwards generating panic among the users, as we didn't experienced any sort of price bump by the end days of the year by which price increase happens with each and every year.
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Day trading is highly risky and beneficial. It all depends upon the users self analyzing about the market moves of each and every asset and the prediction getting closer to the real time moves will generate profit whereas the prediction getting away from the reality will end in a loss.
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I've my own portfolio. It has got different altcoins and few other coins which were under observation. Everyday these altcoins values were tracked. This is being done to understand the market scenario and use the same for trading purposes. The one that were under observation for a longer time investment, if something is found to show a sustained growth used to invest on that particular asset.
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In my opinion bitcoin will rise up to $22000.
Why not? Bitcoin price has already started growing today the January 2nd, 2018. Bitcoin gains about 13% increase in value growing from $13,000+ reaching up to $15,000. That is a good sign showing bitcoin is getting out of the correction period. For me, i think bitcoin will finish this month selling at $18,000. And if the Lightening Network is implemented this month the price may get even higher up to $20,000. The signs of a growth can be found right now. This has been a long back expected growth, but now it has been taking place with some delay due to network collision. This time the rise will take the price reach $20000 or even higher as quoted depending on the market support. Because at present altcoins too has gained importance with people investing more into it.
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To still stay on top there are some homework that need to be done by bitcoin, solving the transaction fee and the speed problem that had been haunting bitcoin for a long time, we can see how quickly ripple swap eth place, so btc problem need to be fix as sson as possible before a lot of people decide to use other coins as the sub currency, and there are tons of alt coins that are good coins and ready to swap btc place
Yes, to be the leader there is surely lot many things need to be considered and a development or updation is required. Now itself the fear is found over each and every user from the recent ripple bump as mentioned. Same time this could be easily overcome if the developer community give priority to what is necessary to keep the functioning of the entire network in an efficient manner same as that when the user network is low.
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Cardano seems growing with a high potential gaining a good market. The same will continue to happen even with the falling year, apart from this I believe more ico projects will come up with better results on their ico, letting the cryptocurrency users benefit through holding for an year from now.
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If that's truly implemented then surely this would affect the user community of the particular country very much. For a growing economy inflow of fiat will surely make positive impact upon the growth of the economy. I believe people will surely continue to use through some other means and this seems to be completely a wrong decision from the government.
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Ethereum in a very short less time of around 4 years has gained a good reputation among the cryptocurrency users with its varied platform on which more and more projects were getting developed. Apart from this, now with the ongoing growth ripple will sure gain good reputation in a short even though it'd been termed as banksters manipulation.
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I'm not trying to convince people about bitcoin. I do not think they will not believe. Its value is currently too eye. I think they should find out for themselves better
With the current volatility in the price of bitcoin and the impending South Korean threat of banning bitcoin, I think it would be very wise to hold of convincing people about investing into bitcoins because if they do and it drops even farther downwards, you will not have the piece of mind during all those times. Bitcoin is completely an risk involved technology backed asset which has got the power to provide with a much bigger growth that none could have thought about, same has the risk of losing. With this in mind I never try to convince a person to use bitcoin, but when one finds it to be needed, for them I used to share the knowledge that I have regarding the cryptocurrency.
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From my experience in the bitcoin of about 2 years .I think it's not too late to invest in bitcoin there is also a opportunity to invest in the bitcoin and gain more profit from the bitcoin which help you to make rich because now a days the demand and popularity of bitcoin is countinously increasing which help to increase in the price of bitcoin also so there is also a chance to invest in the bitcoin and gain more profit in the future from the bitcoin.
Bitcoin can still grow much better than the current one. It is true that you are saying that we are not too late to invest in Bitcoin. There are still plenty of opportunities to take advantage of Bitcoin investments. I also have known Bitcoin quite a while and I see some opportunities that we can use, currently Bitcoin is experiencing high volatility. This we can use to get Bitcoin at a cheap price and then sell it when Bitcoin price increases. Come together to achieve a positive result because only with our belief in Bitcoin is what will make us able to realize the dream we want. What's been mentioned in the final sentence is the true fact that takes three price to reach bigger value. When the price falls need to make use of it as an opportunity to invest, because the growth will surely happen now or then. If we find this to be late, maybe by the upcoming year same time you'll feel bad for regretting the chance you got an investing for a bigger profit.
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To learn trading all that required is the time to analyze the market about particular assets before investing. Once that's over and when you find an asset to be showing signs of growth user needs to have a small amount to experiment himself with trading. This will make him understand about the do's and don't with trading.
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As we've got lots of altcoins with small values, but with good growth potential it is possible to afford a huge volume. When we have a huge volume of particular altcoin in wallet, even a small growth will let us get a good profit. This is the way more people get profited through investing on altcoins.
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Nowhere bitcoin has got used as a national currency. In very few countries bitcoin has got importance similar to that of their own traditional currency. One such country that has made and supported for the growth of bitcoin is Japan. Hope this will continue with more countries leading to large scale growth.
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As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.
Unlikely but true. That being said, it is always best not to put all your money into one coin. Always be safe than sorry. I agree, we need to invest or put our money to other coin because if the coin drop down we have another coin to work to continue his in value ( but it's depend for what the token is. ) Anyways, for the bitcoin it won't happen if the price or value droping down to $5,000 again, because if you can see there's posible that will increase his value when this 2018 comes. And for me i think bitcoin decrease up to $14,000 to $13, 000 only, that's my own opinion.. Much better if you have separate fund for buying altcoin for holding in long period of time because that is what i did having bitcoin holding for long period of time and i have altcoin also holding for long period of time. I do not think bitcoin value will drop down till 5000$ again that was insane dump. Value of bitcoin is ranging 13000$ to 14500$ and expecting that before year end value hits 20000$. None can predict the reality that's been happening with bitcoin as well other digital currencies. So, can't deny that there is no possibility for $5000. With the ongoing growth and adoption of bitcoin over the world supports the growth to continue and reach the targeted price point
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Ethereum won't overtake bitcoin, but it might double the market volume into circulation when the price reaches the predicted amount. At present, this has been circulated as the leader for the entire altcoins. Next to that ripple has been increasing regularly, so it will be in an urge for growth.
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It's been speculated that the price of ethereum will reach thrice the value at present. If that comes to reality we'll experience the price of an ethereum to be above $2000. Based on such a prediction reaching $1000 happens at the earliest and by the starting of the year 2018 it might take effect.
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