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We cannot segregate that this is better and that is not, each and every cryptocurrency is important when we consider the growth it has attained. Bitcoin has got some importance higher than other assets which is because of it leading the cryptocurrency network. Ethereum stands next to bitcoin, because among the entire list of altcoins it has gained high trust.
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This came into controversy long back, that bitcoin as well virtual currencies were much related to the illuminati network. Same now has got termed to be a scam, and I too have a thinking that virtual currency too is influenced by illuminati network. As it is decentralized none is capable of predicting the truth behind the entire cryptocurrency.
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So we see that something like a real fight between Bitcoin and Bitcoin cash has started. While BTC fell and go on falling, Bitcoin Cash has shown a fantastic growth!
Does it mean that there is a possibility altcoin will be the winner?
There are coins with higher chances to beat Bitcoin than Bitcoin Cash. Bitcoin however, is the father, it's kinda hard to replace that. Agreed. Bitcoin is the foundation stone of all cryptocurrencies so it's never gonna vanish, only if the whole cryptocurrency system would disappear. As majority of the users quote bitcoin to be the base for the virtual currency, it won't get defeated by any of the altcoins that gets initiated. When it comes to bitcoin cash, it is purely the fork element of bitcoin. So, if bitcoin is not available, bitcoin cash could have never got the identity and the popularity as the present. |
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Selling bitcoin at the moment does not mean they are selling because of panic. There can be many reasons like they have more than doubled of what they have invested and they had a previous fixed target profit in their mind. And they are not being greedy.
Well i actually think it's healthy that btc is in this kind of dump. The wild pump this december had a lot of people joining in. People who don't really understand btc and is looking for big cashouts. These people are probably shaking from head to toe seeig their money dwindle and is selling to avoid losing what they've invested. When the smoke clears after this correction, the ones holding will reap good rewards Yes, at present I too doesn't this to be a dump to lead the users towards a catastrophic loss. All that happening with bitcoin is quite a common growth process. Weeks back the price was around $19000 and today this has come low and the current drop is for a large scale price pumping. |
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People have started to term the ongoing drop as a bubble. People who were much into the analysis of the market could have gained a good profit using it an opportunity. In reality I believe bitcoin is all about trust, if it is to burst it might have taken place long back. So nothing seems to be a bubble, believe and surely you get benefited.
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I don’t think it is a good idea to earn money in pump and dump. You will never know when the dump start and you might be losing money or become a bag holder.
There are some signs, one of them is when you suddenly see many people start to talk about coins you don’t see any good.
Users who have been with bitcoin or the one with a good understanding about the same will have a clear vision about the bump and dump. It is good to make use of the fluctuations rather than the bump and dump, because fluctuations happen quite often and the same is limited to some extent. When it comes to dump and pump it is a large level variation. |
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This is the cause of FUD that's been spread around to promote some projects that are into existence based on the bitcoin technology. In specific my thinking is that the sudden growth of bitcoin cash is the one that makes people afraid about the growth of bitcoin. I have a strong belief that the price will grow high at the earliest before the year end.
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Maybe an automated trading bot will make it possible to earn good profit while sleeping. Here we doesn't need to do any work, other than this the user could buy any of the altcoin and sleep. The luckiest will get the profit in the morning, while the rest might end up losing. Because we don't know whether the price will increase or decrease by a night's time.
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There are several altcoins that have been promoting the project terming the transaction fee and confirmations to be overcome at the earliest. In reality I don't find that such a growth will take place with altcoins overcome bitcoin in terms of value. Recent days bitcoin cash has come into controversy as it keeps on growing.
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Future of cryptocurrency seems to be much better than that of the present. At present the user base we have is very low in number compared to that of fiat currency that's been used around the world. When the user community increases automatically the circulation and the market increases leading to a massive growth.
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$50 is something very small in value compared to that of different currency that were available around the globe. In particular I believe it's good to invest into ripple because the value is low and the same is continuing to grow. If the investment was made months back one could have gained a 50% profit.
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Every year once after Christmas or during the days close to Christmas good increase in price takes place. This time too I expect the price to reach a bigger value than that of the current price. As the upcoming year is completely predicted to be an year for altcoins, expect mutual growth.
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Just to fulfill few needs that were not able to be done by real money cryptocurrency came into existence. This with the potential it has got grew high and reached great value through the varied usage. Upon the fact I believe bitcoin will serve as an supporting asset to the real currency and won't tend to replace it.
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That's really something users regret to accept. People expect to have a fee that was levied at the time when the bitcoin was getting traded around $5000. Now the price has reached high, the miners get the transaction fee and with the increased price if he goes with the fee as it is when the price was around $5000 what'll he earn. Maybe the minimum seems big, but for large volume transactions we can't complaint.
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To be able to choose good coin, you must have many researches on what is the most stable coin and it must have also it's own wallet like mnx(minexcoin)
Yeah, research is one thing anyone should not joke with when it comes to investing in any coin. I have seen some people seeing a coin being pumped or rising in value and then judging their investment based on that. That is a totally wrong move. The fact that a coin got pumped today does not mean it won't get dumped tomorrow. You have to understand the community, the project, the underlying product and then the team. They are like companies and you really would want to have a stake in the right company. Analyzing is the one, which helps in selecting the right coin for the trading purpose as well for long term holding. In my view one with the regular fluctuating nature need to be prioritized for trading and the coin that grows in a sustained manner can be prioritized for long term holding. |
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Most altcoins has been showing good growth potential these days. Apart from the same several ico tokens that's been getting developed were with unique features and upon the same people term that it could beat bitcoin. In reality bitcoin won't get defeated by any of the other altcoins.
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Bitcoin growth is tremendous, so the dependence too seems growing. In the recent days majority of the altcoins have shown good signs of growth. When you look at today's growth on coinmarketcap very few has found declining in value. Hope this will continue with the upcoming years taking the altcoins too gain good market.
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Never think it to be late, people might mention the price in relation to the time period from which got into usage terming it to be late. In reality we're in the early days of growth, maybe the current price seems unaffordable. On the other hand the growth is expected to continue.
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There is no need of any promotional activities through TV. Through word of mouth what it has reached is very big and continuing to get widened in all forms. This can be in the form of adoption, market cap, technology acceptance and when promoted through ads, sudden increase in user network will happen leading to have a big eye by the government over the same.
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If you dont like then dont do it, day trading is only for people that make a living by trading, day trading is not guarantee to make a profit, infact I feel its very difficult to get profit everyday by day trading, but if you got a good skill then day trading can multiply your profit
Yes, day trading is the one that gives the best profit compared to most other earning accessibilities. With trading the risk associated is much bigger than that of the other forms of earning. Because the market fluctuates unexpected and cannot get the desired profits. On day trading the user needs to spend good time, which is not possible with every user. Upon this into consideration it is good to prefer trading upon the skills, experience and the investment capability. |
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