Just be patient. Time will tell if the value of cryptocurrency will rise again. Some loses because they sell their cryptos at a low value compare its cost because they were panic when they see their cryptos drops down.
Psychological attacks make people panic and like their thoughts are disrupted, so decisions are not appropriate. for that, keep calm and hold the assets that they have, so that conditions are not getting worse |
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The price of Bitcoin is not in a continuous motion. Study the graph and you will come to terms with the wavy movement of the price of Bitcoin. Apparently, Bitcoin has maintained a steady range ($6300 to $6500) for quite a good number of months now. Bitcoin will surely recover, hence no point to panic.
right, hope we don't all go down with $ 6000, so it doesn't penetrate support area that has tested it several times. Hopefully there will be a surge upwards, so it will be the beginning of an upward trend |
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Here's a guide on how to do cryptoinvesting. An excerpt from http://cryptodime.net/how-to-pick-the-best-cryptocurrency-to-invest-a-guidline-to-trading/If you have decided that you want to jump into this rapidly growing market, then there are some very important things that you need to understand. In this guide, you will learn how to choose the best cryptocurrency investment for you. We will also analyze a few hot currencies, to kickstart your research. Keep in mind that this guide focuses on long-term investing strategies and NOT active trading. The Best Cryptocurrency to Invest in is… Anyone who tries to tell you that the “X” cryptocurrency is the absolute best cryptocurrency to invest in, probably has a very large vested interest in it. In reality, there are will mostly likely be several big winners in cryptocurrency. It’s like the dot com boom, where companies like Microsoft, Oracle and Google ultimately became blockbuster investments. But you only made money in those investments, if you understood why they were good investments AND you had a reason to keep those investments for the long term. Otherwise there would have been a big temptation to sell them as soon as you made a little bit of profit. If you don’t understand what a cryptocurrency does or why it’s valuable, then don’t invest in it. Many of these cryptocurrencies are going to be a passing fad. There will be a select few cryptocurrencies that will be great investments. Bitcoin has already shown us the potential. But the majority of coins will fade into obscurity. Since nobody knows which ones will be huge winners and which ones will be epic fails, we believe that the best investment strategy is to have a portfolio of currencies. Putting all of your eggs into one basket is a recipe for disaster. You don’t have to understand every single technical detail of each currency. However, you should read a lot about a currency that you want to invest in and make a very informed decision. That is the only way to find the best cryptocurrency investments. etherum ,Bitcoins is the good coins to invest for expensive makes profit because two coins price higher and up/down opportunity.when price going down then buy and do it invest and definitely we will get input good profitable. I agree with you but as of now it's better to invest in etherium because of what it's price right now and maybe by the end of this year it will surely hit the bigger price as well as what happened to bitcoin at the moment i am still holding eth, so the assets that i have have dropped dramatically due to dump action. but i think this is a psychological exercise, because i'm sure it will soar higher, considering eth rank is still below btc |
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The governments of the various countries have greater influence on the people than every other media or way of creating awareness. Once the governments announce the authenticity of Bitcoin to the people, there will be a major boost to the price and value of Bitcoin on the market.
While we want to get away from the control of the government, we can't deny the fact that we still need them for bitcoin to be recognized by other people and institutions. They may want to get involved with it but due to its nature being unregulated, they wouldn't touch it maybe due to their policies or whatnot. Let's take for example the ETF perhaps. If it would be approved then we expect that bitcoin price would be pumped which would attract more investors and traders alike. it cannot be separated from government control, because every country has its own set, and we cannot escape from it. currently government's role is vital to development of BTC. |
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I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
I am always believe that fiat will side by side with cryptocurrency. I am agree that fiat will collaborates with cryptocurrency because crypto have advantages than fiat and can use anywhere as long there is internet connection i think in terms of government, it will certainly look for policies where fiat is not completely displaced. besides, of course government does not want economic situation to deteriorate, we know for management of fiat many employees in it |
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For now approximately 30% of pepople around the globe kows about cryptocurrency and its good percent, for example 3 years ago around 5% of people knowed about crypto. I epтл after 5-7 years min 80% will know about crypto...
The increase in numbers of crypto users and investors will help bring crypto into a better future. And it can be quickly spread and its fully acceptance if the government will give support into these. Yet, some countries are still holding on and still have doubts against cryptocurrency. with more and more governments accepting it, of course it will be an insistence for other governments to follow it. of course this is expected for development of future cryptocurrency |
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In my opinion, BTC is not a traditional currency like gold and silver because it does not have any use value, so it is not a credit currency. It's basically just one use, money laundering tool. The tool explains why bitcoin prices are spread across the country and abroad. Domestic money is changed into bitcoins and then physical transportation to overseas exchange for foreign currency escapes regulation and the cost of money laundering is lower than before, and the risk is low.
Well Bitcoin and Crypto currency are very usefull illegal tool before but not only for money laundering but for all illegal activities specially scam projects that they use Bitcoin platform as a tool to steal the hard earned money of the people. The good thing is that this was happen before in which during the time that the regulation is not supported but now most of the Bitcoin users are fully supported the government regulation polices to ensure that Bitcoin will not become an illegal tool. Hopefully in my country will follow as you explain. at this time many hope that people in my country so that bitcoin is legalized. but from government it still has not found right policy, and one reason for this is money loundry |
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if you give directions about business and shape the mentality of the business I think that is a very good step because by giving guidance from the age of the children they will have knowledge about the business and when they are teenagers can apply it in their lives and can be very successful .
by teaching businesses from small, of course, forming an independent character indirectly. so that children will survive by sharing conditions in real world. of course teaching business, their minds will become broad |
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I dont think we should need large capital to start making profits in cryptomarket. Cryptomarket still undervalue market and i am believe with small capital we can make profits as long we dicipline with our investment strategy
capital can come from anywhere. with small capital, or seeking capital, such as following a campaign program, we can pioneer financial success. but indeed we must learn to sharpen the skills as a rule |
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I do not consider a small capital a problem. I attribute small capital to the pluses, because to start investing it is not necessary to have a large sum. If you decide to invest, then start small. Get the experience, knowledge, after you can increase the amount of investment
Its true, I dont think small capital is a problem in crypto market. If we choose a right coin and invest it for long term, i am believe we will make a big profits. Many example happen and i think its depend on our dicipline to maintain our investment indeed it is not easy to find it, with a capable analysis, we will have many opportunities for success. we can imagine that sometimes pump can be thousands of percent, so that small capital is not an obstacle |
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I don't care about how highers of technology by blockchain, I am focus on how can I increase and take much profit with bitcoin and altcoin investment, trying buy altcoin or bitcoin at lower price and keep selling when higher price of bitcoin or altcoin. Always doing the same thing every day.
i know what you mean. as long as there is an opportunity to make money, then it is used as well as possible. like blockchain technology, which carries cryptocurrency. but we need to remember that blockchain has been used in several companies to support its activities |
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Bitcoin is exactly the opposite of what countries with a spiralling economy needed. Bitcoin is even more volatile than many hyperinflative currencies, it would be much easier if they just submitted their country to a foreign power for management, because obviously many of these countries cannot manage their own economy. Back to colonialism?
Interesting idea. I, however, also believe that Bitcoin is only able to quickly deregulate the economy of any country if it goes instead of national money. If it complements national money, as in Japan, it will be of some benefit to the state. Therefore, it is unlikely what state will dare to switch to the use of cryptocurrency only. i think countries that have received bitcoin from start will have more benefits. because at a relatively cheap price the community already has a BTC. so that when the price of BTC has soared, the community is prosperous |
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I think bitcoin was not eventually disappearing, it is stored with someone else wallet and stored, and some are numbers are in bitcoin miners storage. It is impossible to happen that it will disappear, perhaps it will be long-term existed because people are already trusted on this coin a digital currency. They think that it will more much profitable after how many years of holding, just like an asset.
And I personally believed that this digital money(bitcoin) will have a great value near in the future.
i think like that too. more and more countries are introducing bitcoin to their communities, and this will grow later. with the increasing number of bitcoin users, it certainly makes bitcoin grow better |
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It is still not known who Satoshi is. I think that Satoshi is already dead. My thing to me is that Satoshi is Hal Finney. Probably I’m wrong, but my opinion is that Satoshi is Hal Finney.
you are not wrong, because indeed no one knows for sure who he is. some say that it is also a team, but it is clear that his work can prosper many people today. and he who has created new breakthroughs for technological development |
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A new VTC application backed by BlockChain technology will soon be launched by the Uber chinese Didi Chuxing.
The company CEO confirm that BlockChain technology has a lot of advantages provided that bring real added value to users. He knows this technology very well and wants to use it to develop different economic systems and offer innovative and useful services to users in order to meet some of their needs.
UBER is a big transportation company that have been mass adopted by peoples. If they start to using blockchain, more peoples will know about blockchain. There is a possibility some rich peoples will investing on cryptocurrency if they know some big company using blockchain. right, this is gateway to introducing cryptocurrency to many people. with many people understanding blockchain usage, there will be more and more people who know cryptocurrency, and this certainly has a big impact |
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no, as the fall of bitcoin drastically, then the FUD makes most people panic, so investors can be said to decline. and when the number of investors decreases, the price of bitcoin will be difficult at the pump. because the price of bitcoin depends on the demands themselves.
indeed, with the large number of investors coming out, prices are difficult to pump, but if investor confidence rises again and the government fully supports it, i think anything can happen, even if it doesn't know when it comes |
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When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat
The theory is very easy to say but making it very difficult. The most important thing in this strategy is to choose good altcoin to invest. If you make a mistake, all plans will go in the wrong direction. but no altcoin can be increased up to 50% in a short time, which is very rare. You should aim low profits again. of course strategy will be different for each person, but in my opinion the important thing is that we have to secure investment funds, by withdrawing some of planned targets. so that psychology will remain stable |
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Thanks for the tips. IMO, reputation of exchanges and trading volumes are important apart from trading fees. It is good to weigh these factors when choosing an exchange.
I concur. For me, trading fees is the least factor when choosing a good exchange. I would rather choose one with a higher fee with a way better security. satisfying security and service i think it will be more in demand, compared to transaction costs. other than that there are many large exchanges with higher costs, but have many members |
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I hear there are many negative reviews about the Yobit when compared to HitBtc, HitBtc is very prominent which is very promising exchanges and generating very good volumes in the market. So it is better to start trading in HitBtc instead of Yobit.
I also heard it like that. well, but based on experience, of course I prefer hitbtc than yobit. well, even, hitbtc belongs to my favorite market. well, i think most people also choose hitbtc compared to yobit because of many factors. so far i've never traded on yobit. and always on hitbtc, because i am already familiar trading here, and this exchange is the first time i used when i entered cryptocurrency, and there is no problem until now |
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I am using binance as a result of delays on Coinbase and other exchanges in getting verified. Is this the reason Binance is so successful?
What is actually the main reason?
It seems that Binance was founded in 2017 and by 2018 it became the most successful exchange. Coinbase was founded in 2012 and Kraken in 2011 yet they failed to achieve what Binance has achieved.
From a business point of view, what is the reason Binance achieved so much?
They have a secure exchange, low (comparably) fees, a well working and efficient exchange and little difficulties with load issues. A lot of people transitioned towards the end of 2017 when the bigger exchanges of that time such as bittrex were having lots of difficulties handling the increased load so there was a lot of down time and bugs etc. I do agree with this and Binance doesn't have anything to do with like verifying your identity while when I was in Bittrex I got a lot of trouble by just verifying my ID just to withdraw my funds. the ease that is in binance and satisfying service services is certainly a separate point in binance success. of course the members will judge for themselves, and it does not become a strange thing if binance becomes big as it is today |
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