Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires. Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
Never enter cryptocurrency investments and most specially bitcoin just to become millionaire because the more you expect it the more failure might come your way Bitcoin is created to be a worldwide currency and not as investment schemes,Satoshi give this to us so we can be accessible in any forms of transactions from service to product so let us focus on that,yes i am holding some bitcoin for a chance to profit in future but this has no assurance and i risk my money and time if ever what happen in future The idea should stay that way, having more adoptions and allow more people to understand this system, it was built to be usable and not just an investment platform, most of those so called supporters are just here to earned, forgetting the true purpose of this chain, getting rich by means of investing thru trading can still be done and still very possible. |
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Please share any recommendations as to how to make kyc( know your customers ) effective!! and probably; is it even needed?
You just follow the rules on how they want their customers to do KYC for them if they want a passport and a selfie with you holding your passport then you just have to give it to them, I think it is one of the effective ways to do KYC, some people are cheating the KYC by submitting other people's passport, and about your questions is it even needed, in my opinion, we don't need that if we are in their bounty campaign, but not if we are their investor. Providing KYC details for the bounty campaigns is not good actually. When you want to participate in the bounty campaign please read the norms for the payments as well as about the ICO idea before you plan to join with them. Mosly people do not take time to see all these things while joining the bounties. Personal information for bounty rewards, risking important details for how much? it's hard to trust someone over the net, you don't know where the team will use those information, be realistic and always go at the safe side, in any case research and study every possibilities before you submit anything to the people you don't even know personally. |
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This is not easy . rise of 100 percent in price bitcoin and that mean 200 percent in prices of ltc , eth , bch.., Within three months!!
Let us be realistic. And do not regret in the end for buying expensive.
I do not know why prices crashed to 3200 per btc before 6 month or less?
Those reasons of crash have not been resolved
Hey you have echoed my sentiments it’s not possible to see such a rally in such a short while, and I feel we should not even hope for one cause it shall not be sustainable in the long run. I feel at max we can see $6.5k levels by June, as these are sustainable levels for bitcoins. Also since you’re not aware of the crash let me inform that we were in the extended bear phase, people were dumping bitcoins hence the crash happened. I don't think so because 10k is big margin if we look out the current situation it is tougher to achieve currently the price are reaching 5.5k but there is lot of standardisation to happen to achieve 10k. Not unless billionaires arrive here and start buying those cheap coins and make a huge pumped, but in my own view point, I'll agree that 10k$ before June is too high, it's hard to sustained as there's chances that those who holds a lots of coins coming from the last dip can easily sell out and create a big dumped, we need to be realistic and think for longer barrier, slowly but surely would be fine for me. |
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There is no need to ask for that cause as we can see, crypto started to recover and it is already looking good now. Though we can't think that it will fly high instantly but at least it continuously moving up. This will remind me of 2017 event but I think that it won't be similarly to happen knowing that prices will only just moves slowly.
If anyone still believe that bitcoin will not rise again, they should leave bitcoins now. Everyone can see the adaption of bitcoins, each and every day new coins/ exchanges are being developed. I must say that the transformation of currency from Fiat to Bitcoins/Crypto has already been started. Indeed, the adoptions of many businesses will reflect after most of those companies start to embrace this system, negative minded people should leave now and not to waste their time talking about bitcoin and other cryptos, everyone is welcome to believe which side will this market go, no one is forcing anyone to invest or stay away, believers will hold and wait, non believers will cry after. |
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Apparently McAfee really loves spending his time on twitter and sharing stories (!). He destroyed his own reputation and no one believes what he is talking anymore. McAfee is a speculator, he just loves to play.
His prime inside crypto world already past, not the same person who shared predictions and make the movement go wild, that's already another part of his book of life, revealing who's satoshi might be an interesting topic as most of us never have any idea if he(satoshi) is an individual or a sets of group who build everything inside this industry, very well, there's no implication whether he's claim is right or just to get attentions. |
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for us the easiest way we get altcoin, we are by investing in bitcoin, and we will trade in alt, for us it will be easier that we get.
I agree with you, I think that in the current conditions and situations, many investors must be smart in utilizing every opportunity that will be obtained in their investment Opportunities indeed if you know how things will work for your investment, investing your bitcoin by buying quality alts while the value still cheap is one of those available options to earned more assets, you only need to work with your understanding and be ready to compete inside the trading site, every time you win the trade you will earned more coins so with every loses which will decrease the numbers of your assets. |
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What happens here is knowing more beneficial airdrop or social media bounties. All of that in my opinion depends on the allocation and level of participation. If the allocation is a little and the participation will certainly get a little. That must be known first.
Good point, always depends on how much allocations the dev will give to those participants, much bigger allocations much higher to expect, though the level of works is really different, you need to do your daily task while participating with social media bounty, with airdops most of the time the team only ask to register with their site and wait for the rewards to show up inside your wallet. |
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Your options are quite interesting and to be honest it's really interesting.
From this we can conclude that there are many types of people who have been the part of the crypto world.
If you ask for my opinion, then i would say i am the kind of a guy, who really loves to make some quick money as fast as possible.
So yeah i doesn't depend upon the scenarios as if you know the trick of trading then you can really make a good amount of money.
You need to have a good experienced doing the short term trade to make it profitable for you, sometimes, instead of gaining it will ended up losing, unexpected things happened around the market and fluctuations will make you suffer, it's quite enjoying while reading different opinions coming from different traders who have their owned experiences inside the market. |
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Yes, now is the time to invest, it looks like the market starts to grow, investment can be done in several stages or at the same time, there is no problem if you are ready.
I agree with you that now is a good time to invest and I choose bitcoin as the currency I want to invest in, although there are many risks ahead but I have seen many advantages in the future  If you believe that way you can start investing choosing those coins that you think will grow after this reversal took place, many traders believes that this year will bring some good sign of expected bull next year, halving will be an anticipation for most crypto inside the market, buying and holding will be the best option, invest for your future and see the outcome after. |
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Okay, so after seeing the reality in the coin we are investing in, what do we do? And moreover, what is the reality that you are exactly talking about here, because the only reality I have seen on other crypto currencies other than BTC is that, they get listed, people invest, dump it for the profit and that is how the cycle goes.
What more reality do we have to face before investing in the so called altcoins, the only reality we would have faced was the advantage of crypto currency to our system but It looks right now to me that people are more interested in the money the system can offer and not the services cryptocurrency designed by satoshi offers.
Sadly right, those who still trying to workout with crypto business are people who intentionally investing without real knowledge, thinking that in any chance they will be able to get some earnings if luckily got first before others will do, the hyped of bull brings lots of interested investors who's willing to lose their money just to take the chance of profits. |
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So bad that happens, these scams affect the crypto in one or another way. I wish people check with more precaution before doing something and not invest on all new projects and always check the website where they trade.
This one should be done carefully before investing your money, this incident will affect the industry, even in a small way but surely there's a mark that will be leaving inside the minds of those people / investors that has been victimize by those people around this project, the money that they scammed here are money not intended being scammed but money that expect to grow. |
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Hi,
I am curious if there is anyone who have traded or invested crypto more than 3 years?
and the profit is good?
I've been trading crypto since 2015 and profits are good if you manage to be a good trader  if you are too emotional and greedy, then you will lose lot of money and time (minus 99% are not for joke.. they happens for real in this ecosystem). PS: don't trade with leverage if you are not good at it. can you share your experience in trading? I have become a crypro trader 2 years ago, and I lost a lot of money. I don't understand why that I buy a crypto coin, its price will go down but if I sell it, the price will go up few hours later. It does not matter how long I have holden it? For two years you never learned how to work with this fluctuations? seems to be confusing because if you taking this business seriously, you'll find a good way to anticipate possible movements, leaving you to build back up plans, or splitting assets so whatever movements he chooses to take you still have spare coins to allocate, trading is a tough decision making so better to be prepared. |
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All of us know that bounty payments seems to be very low when we compare to last few years. We have known ICO hype has finished and even a bounty hunter needs to make his or her own research for their hard work. In addition to that if you are trusting your project then you need to keep your tokens until next bull run for a better profit.
for some reason, no one understands these simple instincts and people sell tokens for very low prices. they probably don't understand why they are involved in bounty campaigns They simply involved for the sake of rewards equivalent to those tokens that they will received, we witness how hunters move when they've got the tokens, without any thinking, selling the tokens thinking that the value is more enough to enjoy, the future of tokens are more being reviews, paying attentions with project you supported will give you good insight, enough to allow you to decide what to do next. |
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I definitely think the crypto market will improve.Bitcoin will revert back to its old volume days.Everyone will talk again from bitcoin.Again people will say I wish I had bought bitcoin.Certainly crypto will come to higher places.I believe like everyone else.So continue to buy bitcoin.
Those regrets will heard again as you said, always negative people will say nothing good when the market is fallen, then will say something good when things start to rise on again, we can't assume what future will bring while working with crypto, we only realize when the market already start to improve and more people start to talk about this investment currency again. |
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I am always prefer for long term investment, just focus to coin that you want to invest. For me Bitcoin and Ethereum is the best choice, but now BNB coin have a good increase and be a good investment.
Those three coins if talking about long term goals can provide much higher value, ETH always followed the path of bitcoin while BNB with their successful platform also getting much attentions and investors support, adding this coins inside your assets portfolios will lead you to a good and decent success in terms of valuations. |
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You are not supposed to win every bet, in gambling, unless you take high odds then you should be able to win more than times than you lose, and in gambling the trick is not to lose more than you can win back, and then always remember that gambling is something we do to have fun.
If people bet for fun then it would not be real worry for many of them as they would not be considering the losses as in order to recover. It would be more for fun they would be playing but yes for those who want only to keep winning every bet it would be difficult as it will not happen in gambling the way you want it. Yeah, it would be hard to accept losing inside the gambling house when you are aiming to win money, but if you are only doing it for having some fun, you'll easily forget about those loses, and continue to work with your life without worrying to recover those loses that you have. |
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well, some people might think that those who hold in the long run are idiots. but, when prices get higher, and sell at the right time, they will surely think that they are doing something too late. well, in this case, it's better not to think about what other people think. focus on the strategies that we have made will be better in the future.
People are only saying this now that the market has been down for a very long time but at the end of 2017 long term holders were considered geniuses for holding their coins for so long, and I am sure the image that we have of long term holders will change once again once the price of bitcoin begins to skyrocket and people will wish they held like them but by then it will be too late. Exactly! Long term holders are definitely not idiot. At least they are not trying to chase quick profits and getting rekt meanwhile. They are here for the trust they have in cryptos. Anyone investing for a period of more than 2 years is definitely going to earn some decent profit. Trust the technology. Experienced will exposed everything, this thread was open 2 years ago when we do experienced the best time of crypto bull run, it's clearly stating that those who so called long term investors really changed the way they live now, for sure they earned the huge amount of money where nobody imagine how big the profits that they received. |
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I remember when I started to invest in bitcoin and a number of altcoins. There were some coins that gave me tough time being it that their prices go up and down every now and then.
working with volatile market is very hard but if you have dedications and you are fully aware of certain market movement, then you will have the chance not to give up and keep your journey to continue, you will love doing things when you already used doing it from time to time. |
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You can still able to trade during bearish market because not all coins and tokens are down. Bitcoin will temporarily drag down the prices of some altcoins but some of them will eventually recover even if the price of bitcoin is still in decline. Bearish market will also give you the opportunity to buy your favorite coins at a cheaper prices. Bitcoin is now going up again and remained above $5000 and might further reach $6000 if the present trend is sustained.
Why do you assume that the users need to always do buying? I know a lot of traders who do short-selling. In fact, in a bearish market the best strategy can be to sell the alts and tokens at a higher price and then purchase them back when the prices are low. Most of the time you will be trapped out as the coin will continue being dumped and will not rise according to your assumptions, buying is good for projects that have real supporters it can be dumped for a short period of time when big bagholders got tired and wanted to exit, but there's still other investors who can buy those coins and keep it, that's the good time to buy and wait. |
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Don't trust one coin, you should trade on several different coins, and do personal analysis. do not follow the analysis of others if it does not fit your conscience.
One should always have a wide variety of portfolio so that even if some coins are falling you can make money from other coins when they rise and not dependent on just some coins also helps you average out your cost as well . It's also hard to facilitate if you have lots of coin assets, best to have some coins maybe 5-6 coins to invest so you have options which will be the one for long term and which will be the one for short term and used for daily trading, the process should be study deeper to avoid mistake and panic trades. |
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