Being of a decentralized bitcoin no bodies behind this that you can blame, so maybe there's a point that government trying to against bitcoin but they nothing to do just to accept. Besides bitcoin help people to support their financial problem and also help the economical growth of our country. Lately here our country announced by our local media on august 21,2017 that bitcoin recognized and regulate by our central bank virtual currency exchanges.
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In trading how do you know if it is time to still hold or is it the right time to sell? Do you go buy your profit margin or actually wait for the highest possible peak? For example if you're earning like 10% of your investment, would you just sell or would you be interested in waiting and seeing if it goes more up so you could earn more, in doing that its possible that it may go down and you then earn like 5-8% But what is your process in this? How do you go about hold and sell timings?
For this strategy of buy and sell you must need a timing when the price of coin is down then grab the opportunity, always look at the graph of price in crypto market cap. If the price is down its time to buy coins and if it is going high just hold or its up to you. Don't panic when the price is down its a normal for cryptocurrency but in the end will always the price high.
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Litecoin was regarded as silver to Bitcoin. However, its performance is much worse than Bitcoin.
What's your view on Litecoin's future? Will it catch up or continue to underperform?
Litecoin is an alternative currency to bitcoin, this coins found by Charlie Lee. I have this altcoin in my wallet for how many months i do hold this because i know it is have a potential altcoin, this altcoin now are in most top 5 valuable altcoins in cryto market cap. But i always looked forward bitcoin 85% of my money is on the bitcoin. We all know that altcoins cannot chase bitcoin.
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Just wondering if this is something everyone does, and what questions you need answered before you are comfortable participating (and actively promoting) an ICO?
Yes ofcourse, I spend time to read their white paper,platforms and even the participants I do searched their comments and background. There are some ICOs project who's not real or fake. Some of them abandon their project if they don't have investor. I also particular participated bounty campaign who gave more tokens.
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If I planned on buying some coins today. Which would be the better long term investment, and why?
There are so many altcoin emerged now in cypto market cap, specific named of altcoin you wanted to buy. I choose ethereum for altcoin it is have potential in long term run when you invest. But the always top of priority to invest is bitcoin we all know that bitcoin now is more profitable among of all digital coins. I pretty asure you that bitcoin really doubled your capital.
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If you compared this both altcoins the ethereum and litecoin i choose ethereum for investing in long run, ethereum have a potential in cryptocurrency it is almost overtake bitcoin price not like litecoin the price was freeze in crypto market. But we could not predict what happen all altcoins in the future. But i was looking this bitcoin as top of my priority to invest it more profitable coins now peoples choice and trusted this coins.
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Many users in MEW especially for those people who are joined bounty campaign mostly they paid the participants by their token promote which MEW is very best wallet to used. I had also a MEW since I joined bounty campaign so far I don't have any problem with this wallet and i know it is most trusted wallet that's why people choice.
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BITCOIN vs ETH ? your thoughts ?
Bitcoin and ethereum are both profitable now they are in top of high valued digital coin in crypto market cap, but ethereum can't take over bitcoin in different aspects. Bitcoin now lead in cryptocurrency many used this because its more profitable when you invested and more people attracted with this it also good in long term investment. While other hand ethereum has have a smart contrast you earned this by short term investment and the second placer of bitcoin. For now I'd rather choose bitcoin to have in my wallet for long term.
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I became a junior member apparently. I would like to have some quick instructions and tips how to earn eTH with signature campaigns, bounties etc. I am busy, so I cannot translate or whatever, are bounties mostly doing work for the ICO campaign? Where do they send the ETH? Thank you
Many ways to earned ethereum even though you are a Jr. Member, by joining airdrops that's give ethereum there are some mining too who has given ethereum. Also join signature campaign there's other campaign who will paid ethereum. When I was at your rank I joined bounty campaign some of them they ethereum as payment. But why you looking ethereum, but some campaign now using BTC for paying participants.
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BTC was around $300 3 years ago. Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Some peoples now who involved in crypto currency world still believe in bitcoin that have a potential thats someday bitcoin more profitable currency in crypto world. Three or more years I'm sure your setting pretty and your family if bitcoin hit the price $100k. In this case is the reason why people still holding bitcoin in their wallet. But some of them force to exchange their bitcoin into fiat due to financial problem.
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Hello sir im just informing you that im rank up to a member today kindly update my rank if any spot. Thanks a lot sir.
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Thank you so much sir yahoo! Payment received for this week.
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Game prize received thanks sir!
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Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
Because in the USA bitcoin was adopting already in many store, supermarkets and many establishments who have a modern technology accept paying bills by bitcoin process not like gold you need to test whether gold or not only at pawnshop have that not in department store or exchange into fiat. Still gold has a good valued price like bitcoin but you cannot have transaction on gold from small to larger scale. Unlike bitcoin you buy 1 can of beer if you want.
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
In trading you must always monitor the coinsmarket exchange prices so that you could choose the better coin to be trade, when the BTC price was going high that's the good opportunity to trade in your coins to another. I always looking forward for those coin who have a more profitable in crypto market cap. I'd liked in trading in a short term you have earned a lot of coin but I do in investing too.
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After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
Yes. Because bitcoin right now is attaining great attention and popularity all over the world even after being banned in China, it still managed to recover and the sudden pump was actually surprising. The users of bitcoin also right now has been increasing greatly and even the investors too so we should expect that sooner or later, bitcoin will take over all the other currency in the world. Exactly! There is no reason to deny this fact that the bitcoin is having a very good reputation not only in the international market but also amongst the investors. But the thing is till the time bitcoin will not be declared as legal, it is not at all possible for bitcoin to become the strongest currency of the world. Our governments have to think about it seriously if they want to make out maximum profit out of it. I think even if bitcoin were not in legalization now many investors and traders are still using of it as long as they gained in bitcoin. Popularization of bitcoin today and to the future will bitcoin going stronger in cryptocurrency across in different countries. If bitcoin legalized to our government they manipulate all bitcoin users have a limitations of using of it. But if it is happened we don't know what is in future.
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I don't like spending bitcoin with any valid reason, i spend some of my bitcoin to bougth other altcoin whos have potential to grown. Instead of spending I'd rather save it in my wallet and wait for the right time o used. Half of my salary every month i invest in here i bitcoin i know someday it doubled back my capital.
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Okay can I join this game and have that prize!
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Hello, Yesterday I saw some increase in my total estimated token value, and today it dropped significantly. It appears that a lot of people are selling their airdropped tokens as soon as they get them. I have not sold a single token from airdrops, and with the exception of some them, they seem to be mostly losing value in time. Should I do the same or hodl hoping that some of them may increase in value, closing the gap I lose in the process?
Not all airdrop tokens are shit coins some of them are have a opportunity to price increase in crypto market cap, holding of this token are not bad anyway it is from airdrop you did not buy those token no one loss you. Do hold who knows that token like ethereum or wave pumps up I'm the crypto market.
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As I said in the title. I was interested in putting my money into Bitcoin because of the ever-increasing price. But I want to know what the biggest risk is to hold Bitcoin?
Top of my priority is to hold and invest more in bitcoin compared to other coins, holding bitcoin is profitable together with the risk. Risk is always there all we have to do is avoid that risk and that part of our success. Well, the biggest risk when you holding bitcoin is to loss your all capital what I mean is vanish your money in scammer from your wallet, choosing a good crypto wallet is the best way in investing. I'm not afraid of getting high and low price of bitcoin to loss i know it keeps going high value.
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