You should sell it since the risk is a big factor with cryptocurrencies. If there is a 2x or 3x appreciation in your value, I think you should be that greedy and take the money just to be safe.
Amongst all these options, holding is the most sensible thing to do as compared to that of buying at higher rates or selling at time of dump. You need to do the things which can result in some good amount of income for you and that you can only do nice you will go for buying any of the coin at lower rates and then will sell them at higher rates. You need to make the right decision and that too by deciding the right thing to do. |
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When it's red, we do not trade, we buy!
Trading is actually a very technical thing and that you really need to be very much careful while making any sort of decision in the world of trading. At time when the market is red, it is not at all a good idea to go for trading by selling of your coins. At time when the market is falling down, trading will result in loss of money and that you will suffer some loss which will result in unfavorable situation for you. |
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With bitcoin rising again, will it take long for it to be stable again?
What do you mean by stable? The pricing has been steadily on the green side now and evetually it will be over 10000 usd mark and from then expect some FUDs and noises that wants to bring bitcoin low again. The price will normalize by end of Feb or early March. It definitely will take some time, except we get to see some news or development on bitcoin that can stir up a huge rally to the uptrend. So far, it would be a good thing to know that we are seeing some greens after some days and truly, there is no one that can actually know where we are going to be headed from here, but I believe that at the end of it all, the market will recover, break all resistance and start a new trend up. |
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This post surely reflect all of us trader out there, some may see it as addiction to something that is risky and uncertain but i say that this kind of addiction make money for us and also a dream for become the best and successful trader. I used to do that all the time, but the best way to overcome this in my opinion is to switch your trading timeframe, lets say that if you're daytrading by now you could switch it to longterm investment just like what you did in project investment ICO, you can switch so that you do longterm project for both investment.  It really a pure reflection. I would not really count it as an addiction, but rather see it as trying to pursue something or a goal which you have been deprived off over some years now and if you do not take those opportunities now when the day is still young, it may be hard to catch up when the night falls. That is how I see it anyway, and that makes me to always want to do more with my investment, look for more ideas I can settle with and make more for the future. |
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 I lost a lot from Ponzi Hyip and ICO lending. I am currently holding some top 20 coin. The amount of money I owed is so great, I had to mortgage my house, I did not know what to do anymore, please help me advice if I should continue in the Crytopia this or not? First you had to study well the projects you were going to invest in to avoid losses. If you want to earn a crypto currency without losses, then you need to provide your services on the freelance exchange. Well, he is in it now, all he has to do is to exercise some patience and see where the market leads, it cannot be that bad that before the end of this year, he should not recover and swim in profit. It was a huge risk to have taken and I hope he learned all his lessons from what has happened. The market will recover, there is no need to panic and from there he should have some thanksgiving to do. |
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when bitcoin is crash, demand of bitcoin becomes down. as well as altcoin enthusiasts, demand will go down as well and make the price drop as demand decreases. hold it, everything will be fine.
Same I would say ups and down is the future of bitcoin it use to increase and decrease it cannot be stable so if price is low it is all about patience if we will hold bitcoin it is all full of profit but if you will show greed and impatience then it will cause danger for your profit. Profit of bitcoin is all about price so it is not very much to say but just try to buy at low price and sell at high price so it will be great profit indeed. |
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all nobody knows and can not predict when it will happen, but to my knowledge if the market price has come down definitely after that there will be price increases.
Price is unpredictable no one knows that what will happen to the price, it is all just because of bitcoin fluctuation nature of bitcoin, it use to go high and get down. It will increase more and more, as growth of bitcoin is being more powerful now. Investors are getting in bitcoin and buying so it is clear that price of bitcoin will cross 25k$ till the end of this year. As even now bitcoin market is at increasing point so I can see the future of bitcoin market cap very high. |
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Bitcoin is and always will be very volatile, but this does not mean having to give up his purchase. If you look at the chart of growth rates you will see that every year the price of bitcoin is increasing. This trend will persist for a very long time so you can buy it at any time.
so i should buy bitcoin at this point or when the value reduce. You should look into buying it when theres something that effects the market, like the Chinese new year that was going and the prices dropped low on that month and it raised back to 11K as we speak. It is not good to be confused about bitcoin it is nature of bitcoin that it use to increase and decrease with time so just look at the market if in maker price is down it mean you should buy and it is time to save it but if they demand of bitcoin in market is high and price is increasing too then you should sell for profit, on the other hand I would say that instability and fluctuation is the best thing about bitcoin, bitcoin is volatile and it will make price of bitcoin at the peak of all other currencies. |
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Everyone needs money for their richer life so they are looking to make money always without sleeping But that is correct many people are now getting addicted to crypto currency like a gambling addiction which includes myself too.Now I am started to check the prices of cryotocurrency too often maybe because of its my greed,I always expect the price to bump and bump.But the price of crypto currency is too volatile so people are making money with it as long as they can that's why it is never sleeping. How will anyone be making money without sleeping? Anyone who is getting addicted most especially to trading now because it is 247, then when they breakdown, I really hope they have given their private keys to someone that can take over from them. The thing about the market is that the time zones are different, it is a global market and someone somewhere will definitely be trading while some are sleeping. If you then want to turn yourself to a robot, I guess we will just have to see how that turns out. |
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How do you guys think? Do we need regulations in the crypto world? Should only ICO be regulated or legit coins (not "security tokens") too? Can we implement regulations mechanisms in code so that corrupted governmental institutions couldn't manipulate the industry? Can we still have free market with governments' regulations across the world?
Please, share your thoughts. I'm a bit confused about what's happening right now.
No, we don't need it but I'm afraid it was necessary. Some of the users use it for illegal purposes some are using it to evade taxes, we all know it was people currency and people friendly, but not all are positive, bitcoin can create a negative effect in the economic system of one country if lots of people engage on bitcoin it will affect the banking system because banks need investment but instead people are investing at BTC if bank lost its profit the economy is also affected. It seems human actually need being controlled. This would not have been necessary but if we look at the side effects of not being regulated, this may actually end up destroying the crypto space before we even start. I am not a fan of regulation but recently, I just cannot come to terms that it is not necessary. Also, being regulated does not affect decentralization, as it all balls down to exchanges, and exchange between fiat and cryptocurrencies. |
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Playing gambling is like a addiction to the drug.If you got more dollars in any consecutive games,you will addicted to the gambling earn lot of money by just playing .From the children all love to play a game, if they got money for just playing. They will surely do that.This is one of the main reason for the increase in gamblers day to day.
Firstly, you offer money and expect it to double based on whatever you play and hoping that your luck will help you out. You are not getting money for that because you are risking a lot and you may not even get yours back. That is totally different from being given money to do something. A lot of people have fun in different ways and just few gamblers can situate their mind that they are having fun while gambling while the rest are just lost. |
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I don't think it will reach $100k in 2018 but I wouldn't bet against it.
If you told me BTC would hit $10k or $20k in 2017, I would call you crazy.
So with all this crazy adoption who knows what will happen.
Obviously no one would ever want to bet against anything when it comes to the matter of cryptocurrency. Anything is possible, but from the look of things presently, it is looking a little bit bleak, but like I said, it is still too early to judge. I remember last year when a lot of people were betting that bitcoin will never reach $5000, now the same set of people are betting that bitcoin will drop so low to $5000. At the end of it all, no one can know the future. |
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yes word of encouragement,,,the price can never fall forever,,all what we need is be patience so we can achieve more profit on the long run
Patience is always like one attribute every investor must have when it comes to cryptocurrency as that is the only way you can really get the best from your holding. Like the OP have rightly mentioned, a market in its downtrend will only last for a while, before you know it, the trend changes and then we start having a good run at the end of it all. It is just a similar way with uptrends too, but at the end HOLD. |
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I'm not ready to believe that ripple will be having 100x growth in this year. Even it will be wildly pumped in this year. I'm sure it will fall down on the same pace how it will be pumped. Because the centralised the one will be always dangerous one to go with and it is highly recommended for anyone for not going with ripple.
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I think maybe because, we don't if the bitcoin is the solution of end world poverty.If we know all people about bitcoin maybe the poverty in the world is end and if we teach to all of the school or it can be a course in collage maybe it is the way of end poverty in the world.
Though I am big fan and enthusiast of Bitcoin but I would like to keep things more real. It is not possible to get rid of poverty worldwide. First of all, majority of poor people have no education and without that it is not easy for them to use Bitcoin. And if they had education then there won't be this problem of poverty in the first place. Because if someone has skills and knowledge he can definitely earn money easily. It is really not easy to end poverty form the face of earth because of very obvious reasons. It is the government of that country that can do maximum about eliminating poverty form their state. No one from outer world is going to do this for them, even those who give them aids, they are not there for them all the time. Bitcoin has certain limitations, the person needs to have laptop or PC and should be educated one. |
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Ok guys, almost all of you said that you are gambling only for fun.
Let me ask you this:
If gambling is entertainment industry as you claim it is, why is it banned in some countries?
Countries don't like to people have fun, is that it?
They don't like when people are happy?
Strange.
because I think if people are only playing gambling, they cannot use their time to do other things and they can spend all of their money in all day. the government thinks this will makes people losing their money at the table and they become lazy to start a new work. there are many places or activities that we can use to have fun and not only playing gambling but unfortunately, many people attracted to gambling games to get fun and they don't realize that this will make them become addicting in gambling. Gambling is actually a sense of losing money. There is no fun or entertainment in it. There are people who always claim that if you are going for fun purpose then it is okay and blah. Don’t get into that shit. This is really some waste topic to talk on whether gambling can help you in your entertainment purposes or not. Like you said, it involves the personal feeling and emotions during processing. |
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I still remember very well about my trading day. At that time, I bought a small amount of altcoin, but then a few days later, the money went up very quickly, and I gained some profit from it, although I did not much, but it was a start drain.
Start always like this. This sort of start is stable and it can help you visualize the better effects of what is good and what is bad in your trading. Like there are some people who don’t care about it, they just take start with heavy amount, being greedy and then get huge losses because they don’t have any knowledge. They must be keeping the basic knowledge prior to take a dive into the ocean of trading. |
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Every year it becomes more popular. It spreads like wildfire
Bitcoins are spreading, yes this is so true. Best thing about this is people are trusting it for every reason although they have been attacked so many times with rumors and all that fusses. But still people loving it and getting into it. Now a days this is trending that every other person is asking about bitcoins and deducing the rates of bitcoins going up and down. Wild fire, yes this is best resemblance. |
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Have you ever felt that you didn't play just because you were shy? Yes, actually it occur to me. When i was playing with my relative i was winning and almost all of their money was into me. Suddenly i became shy taking all their money at the end of the game i gave back all their losses. They are still my relative so i wouldnt care if i gave all my winnings, if were to play with my friends or some strangers i wouldnt do it. I feel you, I only felt ashamed every time I gathered all their money when I won the game. Maybe because they are related to us and its kinda awkward to get their money. Lesson learned, we shouldn't play with our relatives again. We should stick with friends or strangers. Why would you feel ashamed when you gathered their money? It means you won and that's awesome. What's wrong with that? I think not playing just because you were shy means that you can lose opportunities of winning. Something like that. That's how you should stick it to the man. Lol That guy is really amazing. I mean, how often we come across someone who cries for the loser instead of celebrating his own success. Not a common thing. Success is a tool that can be used for bragging and happiness. This is how games are. There is always a winner and a loser. If someone feels guilty after winning, then must say he should avoid playing any type of game. |
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No,i don't have any experience that I've been kicked in casino honestly I've been there for couple of times but not to play I'm just with my friends and we are just roaming around there watching how they play but taking pictures was not allowed inside the casino so after an hour we will go out.
Watching and getting the know how of gambling and casinos, this is not bad. You must know about the bad things as well so that you may not be devoted to them at any stage of your life. If you know already that this thing is bad for me as I have seen people drawing their lives in this for no reason, then you will be saved from this dilemma throughout your life. Best of luck and don’t get into this. |
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