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If bitcoin will be accept by all countries then the economic growth of the country will be more effective. Now the price of bitcoin is not stable, it faces lots of ups and downs. Current market situation is not good for bitcoin and other altcoins. Many countries now legalize bitcoin with some rules to use. At the same time many countries banned. If one country suceed in economic growth automatically other countries also accept as legal.
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Yes this is the procedure normally happens in the market. Once the price is low you can buy now and hold it for next few months. The price will increase in upcoming months or by the end of this year. At that time you can earn more by selling the bitcoin. So just buy the coin and hold it fir lkng time with patience. The profit will be more than you invest.
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I always go for bitcoin, bitcoin is good for long term. So choose bitcoin as its price is low now. The price of all coins are very low now. The market faces so many pumps and dumps. So this is the right time to invest in bitcoin for future. Surely the price will increase in future. At that time you can buy and sell your coin to more value. Because short term wouldn't give high value.
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Yes this is the lowest price period, market is red but it increase with very very low. So don't do anything right now, just hold the coin for long term investment. This is the time to invest because the value is low. At this stage we can buy only, not to sell. So keep on holding with patience. Hope soon market will recover at that time you can gain more income than you invest.
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At present all the altcoins price are very low. So you can use this chance to buy altcoins. I always choose Bitcoin, Ethereum,NEO. These are very high potential and promising coins in the crypto market. All these three prices are very low so keep buying and hold the coins for future. Once the price of these coins are increase you can sell and gain more income.
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Now all the altcoins prices are falling. So dont worry about this current market. The price fluctuations is normally happens in the market. Neo is a very high potential and promising coin in the crypto market. It is also known as china's ethereum. Due to it is smart contract system many projects are now based on neo. So in future the price will increase, just buy the coin at low price now and hold the coin for long term.
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I dont want to invest on new coins, i would like to invest on always bitcoin, Ethereum and another one is Neo. Because bitcoin has a bright future and Ethereum is now very potential coin in the market. Due to its technology many investors are now focus on ethereum. Similarly neo, neo is always known as china's ethereum. Many ico's are now opened based on neo due its smart contract system. So these coins are good for long term investment.
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The price of all altcoins are very low now. Altcoins prices are also affected by bitcoin price. So growth of altcoins depends on bitcoin price. So choose the high potential and promising coins from the coinmarketcap. Invest on those coins and hold the coins for long term. Once the price will reach high you can sell and gain more profit. Till that we have to wait with patience.
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Now the price of bitcoin is very low, it is unable to reach $5k. So we can make this opportunity to buy bitcoin now. And hold the coin for future, surely the price will be increase in near future. At that time we cannot able to buy bitcoin due to high price. Dont get panic about current price just hold the coin in future. This price up and down is normal in the crypto world. But later the price will increase and reach its high value.
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I think hereafter the price will starts to increase, again it wont face this much of dip. Normally from june itself the market starts to increase. All are expect this year also the same thing would happen but oppositely the price would decrease. Hope the market will soon recover. But by the end of this year surely the price will fly to the moon.
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This fluctuations is normally happens in the market first half month bitcoin faces only dump. The remaining half it starts to increase. Till june it faces lot of dumps after the price will recover. Last year also the same thing happens. Likewise this year also we can expect the price increase. This dip maybe the last for this year. In upcoming months the price will surely increase and it will make bitcoin holders happy.
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Bitcoin price would go up and down this is normally happens in the market. But this time dip is going abnormally. Today no change in price no growth market is in red. Due to false news about bitcoin people are not ready to hold they get panic and sell the bitcoin. This makes market more worst. Lets wait with hope sure the market will recover soon. I think this dip is temporarily not permanent in upcoming days the the price will somewhat increase.
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All exchanges are good, but some of them are very best. In that i feel Binance, Bitfinex, Bitterx, Hitbtc, coinomi are the best one. Binance is a very good exchange with safe and secure transactions. Hackers cannot touch this exchange due to its high security. We can say binance is a trusted exchange to use without fear. Transaction speed is also very fast in this exchange.
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Bitcoin and fiat both are in future, fiat is a government currency but bitcoin is not like that. Many countries not accepted bitcoin. Fiat currency can be controlled by the government whereas bitcoin is a decentralized currency it cannot be controlled by the government. Eventhough bitcoin is famous nowadays people use fiat only for their main transactions. Bitcoin has a bright future as a payment tool, but people use fiat also at the same time. They use bitcoin as a investment tool.
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Yes this is true in Taiwan bitcoin would be announced as illegal. The Taiwan government wants their people to avoid illegal activities using bitcoin. If bitcoin is legal then people wont go to banks they just invest in bitcoin they can easily make more profit in a short period. If it happens this is a great loss to the country's economic growth. So they banned bitcoin in their country. Not only taiwan now so many countries annouced bitcoin as illegal. But at the same time many countries accept bitcoin as legal with some rules and regulations.
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As you said, the first half has been very cloudy and nothing could be achieved. But the best thing everyone had is to buy coins with very cheap rates. I am sure the coins bought would surely yield best profits down the line. Hope the price starts growing by end of June 2018. We should start seeing the last year trend come on track again with more speed. Lets see what happens.
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Brothers, the correction is now finished at $7K.
The bear was trying to push bitcoin below $7.5K but they couldn't. Whole market is green today.
Institutions are pouring into the market with their money.
Next leg is $8K
it will only go up from here.
FOMO when it hits the bottom --- which is NOW.
In two months' time, we will never see bitcoin trading below $10K again
Now is the chance to buy
So HODL and FOMO buy more now!!!
Its unpredictable at this point. We expected the price would zoom up by June but what happended now is, it went behind taking the value to $6k+. This is really bit worrying but still we have an opporutunity to gather as many coins as we can now as the coins are so cheap and very lower than Last January 2018. Lets hope the trend picks up again and moves towards minimum $20k. |
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I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.
Do you feel the same way? What are your thoughts?
Yah, i dont want to spend the crypto currencies i have. Either i do not want to cash out or do anything with it. I am looking for more money to invest now into as many altcoins i wish to invest as every coin is in red. The more coins we collect now, more profit we can ensure of when the price goes up. I love to choose coins with price less than $10. This would be best to invest in many good coins. |
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The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account
i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt.
The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world
the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.
If this happens then yes this would really be next level. I also predict that the banks will get disappeared in a decade time if not max. The market has been fully influenced with crypto currencies now and investors are increasing every day.. |
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I think the chance of recovering is very low now. It happens but not immediately it will take time according to current situation. Most of the people expect from june itself the market would recover. But still there is no improvement. But hope the market will recover but dont know when because we cannot predict the market. In upcoming days maybe the price will increase. Let us wait and see what happens.
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