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If you already have both, why not just continue and buy more, better to split your investment so just in case progress will be delayed for one of those
coins then you still have the other one to move forward, I'm positive that both coins will deliver for long term goal, bitcoin already gain the popularity
while Etherium is in the process of being recognized as well, holding both coins will bring a lots success in terms of financial aspects.
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Every year since the creation of Bitcoin, it has followed a similar seasonal pattern. With the exception of 2013. February and March are rough months, with bottom around the 3rd week of March. April is usually a neutral month, posting slight gains on average. May and June are always skyrocket months, with more growth than even December/January.
The one exception is 2013, where the Silk Road was born in late winter. BTC skyrocketed in February and March. When the FBI took down the Silk Road, May and June were bear months. BTC is too big now to be influenced by one market being destroyed. Three drug markets were taken offline last year and the market didn't even notice. Proving that illicit use has become a minority use case.
So stop panicking and take advantage of BTC cheaper than you'll ever get it for again.
I agree with you, that now is a good time to take advantage by Buying Bitcoin with cheap price. I have put 25% my money to Bitcoin and I hope the price of Bitcoin can down again, I order 1 BTC for $5K. This statement should be read by more newbies, tracking down the history will move them to stay holding and not to panic even the value is keeps on falling down, the history will keeps repeating itself, buying more with your spare money and keep your coins inside your wallet and let it become your future assets, positive perceptions will bring positive outcome, bitcoin is still in its early stage we should trust the chain. |
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Day Trading is more profitable than Long term if you know what happens on the market and if you have so much knowledge on crypto trading, You can easily get x3 - x8 in Day trading if you know what to do that's the reason why market will goes dump before pumping more because the traders taking the profits and will enter more on the dip stage Big investors will have a higher chance to win in Day trading because they controlled the market unlike Small investors are just riding on the WHALES.
Most big investors mainly do not even have any problem generally in the market. Most times, what they do is come together to swing the market to their advantage anyway. Day trading either for big investors or anyone can be good, but if you are just the type who does not have any knowledge on how to at least day trade safely, then, you will be using a broom to sweep your losses at the end of the day. Exactly, without any knowledge day trading is really risky, whales are just around the corners waiting for the timing before doing any movements, this type of trading needs to have a lots of balls and have a lots of skills, knowing how the whales moves will give you some opportunity, but without any actual knowledge then you are just risking the money that you will invest and anytime losing big part of your investment always around,better to make sure how risky you are before dealing with day trade activity. |
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For some reason, I have my faith on Bittrex.
But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon.
An exchange is a hell of a thing.
For all exchanges are best. I believe from all of them because whenever I trade all of my coins are not different. They are all decentralized for me to use. As long as I can trade to process all of my coins it's all fine for me to choose one and select the best one. All of them are OK and probably all of them will survive. Not because you are not facing any issue with your trade then you can sum it all, you are just lucky that you not experiencing anything, I think most of those well known exchange will do their best to survive and still competitive among the rest, new exchange will need to improve in terms of securities and help support, giving better service will avoid any threat of attacks and having extra security measures will attract more traders to use their platform. |
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Of course, no one expects continuous losses. but right now, that has become a reality, I have lost 40% of my currency's value recently. Maybe things slide pretty fast for me. But I will not sell them for the fall of the loss. I will wait the market back to welcome a boom worth like last year.
If you have a fear that the market is going to dump more than you have calculated than the best way is to cash out half of your crypto currency and re invest it when the dump is over and the price is lower, by this you will not only be able to recover the loss but also it will add more profit. You will minimize the effect of the loss and maximize the effect of the profit. This is what I do, and is advised to all the new comers as well as other colleagues. I think it's hard to predict the market right now, fluctuations are continuous but like what you have said, if you are able to assess before placing your entry and that assessment didn't work, better to make a decision cutting your loses and take the risk of waiting for another position before placing your entry again, dealing with this strategy needs to be more active and more risky attitude, believes that your investment will work for you and always have time to trust your assessment. |
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The market is falling sharply, I see signs of not healing, capitalization is withdrawn, should I continue to buy in the top 10 coin or should I pin down USDT and wait for new move?  Better to still wait for now because the market is still red this is really hard for us to survive if we do always buying for yes although this is our opportunity to buy but think also the next lose again if this will be more go into the deeper. Well if you are aiming for long term gains, then buying from time to time still a good decision, as bitcoin will rise eventually, don't do some short if you don't have the skills, it is too risky and the sway will kill your investment, keep on monitoring and decide what type of investors you are before deciding and place your entry, no need to panic what we need is to read and understand the situations. |
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I don’t have a specific percentage to this point because my salary depends on my earnings per week, but what I do know is when you trade or spend in trading; you just need to spend the amount you are ready to lose because trading is risky and you are not gaining profits everytime you are trading. So it is up to you on how much you are willing to lose by the time you trade.
Yes that right, inside trading you should use the money that you can only afford to lose, dividing you actual investment is good when you are really aiming for longer hold, from time to time buying and holding coins that have a big potentials to in the future should be consider, you will have a better life when you learn how crypto moves and you know how to budget your daily needs and your financial investment. |
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Don't worry it will hit 50k soon, i doubt of 100k but i'm sure it will 50k by this year.
Just wait for the moment like last year.
The good thing about the bitcoin is that it always gives you the surprises and most of the time these surprises are the ones which give you the benefits. Last year the prediction of the bitcoin rise was not above than $15k but it crossed $19k, and this year according to you the prediction of the price is $50k so be very much ready because this prediction will be crossed not later than August or September of this year, and hopefully if it will not reach $100k, it will be touching $80k. Time will tell if that will be repeated, it's true that the rise last year really surprises us and we are all happy traders back then, those people who are thinking negatively will soon be a cry babies, most of the time bitcoin value fluctuates so deep and then rises up so high, its just a repeated scenarios inside cryptosphere that we needed to understand, though 100k$ is far from reality but I assume it will be in a considerable value, just keep trusting the chain and wait for the the value to be achieved. |
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Hello...Guys. I'm Confused now. The Crypto Market losing approx 10 Percent. So Should I invest in this downfall or wait for sometime?
It's up to you whether you want to invest or not at this point and i understand that it is very scary to buy things when everything is down but i myself enter crypto market last june when the market was experiencing correction so i got in while the price's quite cheap and once the price recover i got quite a lot of profit. This time the crash is harder but i expect the bounce is higher aswell. Just stay positive and focus in any events that influence the value of your investment, many are scared that's why the value of certain coins are really falling, as many people keeps giving negativity and weak holders start to panic, for me, what is important is you understand the risk and you are willing to take the gamble, bounce back will happen as history just keeps on repeating, buy now and old till the end of this year to gain decent profits. |
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Investing in real estate is much more safer than bitcoin because your money is in good hands and because bitcoin volatility is really high that your investment might gone up to 70%
Sad but true, that volatility really affects bitcoin value, so if you already earn from this investment better to re invest or divert it to other assets, real state is a good option and like what most of the replied said, it's much safer as you are just waiting for the project being finished and after some time you will gain the results. |
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Hello,
A question of a beginner, I read several articles that say better invest in bitcoin only (most of articles are from 2015-2016), but as bitcoin exceeds now $2500, I do not know if this rule still holds.
I want to invest a lot of money (let's say $3000), but I do not know if I have to invest only in bitcoin or other alcoins? What do you recommend?
Thank you
In such a case it is better to invest in a number of coins. Choose 10 coins for the long term and 3 \ 10 will definitely grow in value and the investment will be justified. I recommend a good project to study https://goo.gl/ENu9CLJust always know the project and make it sure that you will find usage in the future, investment will grow if you support and hold not only bitcoin but also those quality alts where development keeps ongoing and progress to success is always present, better to understand everything then you will be good to go. |
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Bitcoin is volatile, period. The price will always change up or down and some periods when the price looks more or less stable are just temporary.
Exactly the volatility is one of the main reasons why bitcoin isn't widely accepted by business but this is the way bitcoin is functioning.
And also, that fluctuations is the reason why there's still a lots of investors and traders who's playing inside the market, we know by the fact that businessman hated the volatility of the market as the value might be change from time to time, placing their business in risk if the value fell deeper, but considering the previous movements, I guess people who invested inside crypto already having a good impressions and already aiming to earn. |
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This market is not for panic traders and if you are worried with this situation then this market is not for you. These situations comes again and again and never panic with it. It will revive again after a short span of time and then you see a big jump in it again. This is a big buying opportunity for long term holders.
With how the fluctuations are moving right now, those who are impatient will loses their investment, better to double check yourself if you can proceed or if you can take the risk, holding is very essential as believers will continue to hold and haters will create more negative news about this project, just go with the flow and understand yourself if how well you will secured your investment. |
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Yes man, some media organizations are making a lot of anti-cyriptomoney news. And some people who are very panic guys doing same thing. So it cause domino effect
Which will be a doomsday for those who didn't do their homework and allow this false news to exist and be glorified by the whales, fluctuations seems to be very unusual but in fact this things already exist before, bitcoin falls and will rise back again, it will be a great venture assessing what will be the next movements and anticipate to earn much better profits. |
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I think you are too early to introduce bitcoin to a 10-year-old child, because I think it will interfere with childhood little times as a child.
By doing so will also interfere with your child's thinking patterns, I advise not to teach bitcoin now because it will affect your child and greatly interfere with your child's progress.
if you want to teach your child about bitcoin I suggest when your child is 20 years old because that child's age can understand and can choose the right time to learn and earn money.
That's too late, as early as 13 years old a young adult can think of his future, instead of letting him to play new kinds of games inside digital world it is much better to introduce bitcoin, so if ever that he will be able to enjoy this industry he/she will have a lots of opportunities to take some edge, much earlier much better because if we are able to take some advantage then teaching our kids and allow them to enhance their knowledge will be a good start. |
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At this moment, its not the good time to sell,but rather to buy bitcoin. Because now is the good time to buy bitcoin after a few days non stop decreasing of bitcoin.
Bitcoin prices is any time to chage. It not easy to guess. So you check the bitcoin price in the market place. If coin price is low then buy and hold the coin. Wait for the coin price increase. If need to right time to sell check price list day by day. Then you know time to sell the coin. It good opportunity for future saving and future invest. It digital currency. So any time to sell the coin. If in terms of investment, better to hold your bitcoin for much longer time, people play well inside the market and its already been proven that those who hold till now back 5 years ago already got a lots of money inside their pockets, I'm not sure but experience will dictate how well we will be able to hold our coins and aimed for much bigger earnings. |
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What do you expect - will cryptomarket be bullish in March?
I guess that this bearish trend since mid January should be finally over and the new slow bullish trend will come. Similar to the situation in May 2017 when BTC price was 1500 USD and then the price went slowly up to 7000 USD in the beginning of November. We can see many new people coming to crypto every day. The volumes on major exchanges are quite good these days and with the Lightning Network coming this year I'm very positive about BTC development in 2018.
With bitcoin facing some huge set of hindrance this days. I think we'll experience the bearish trend through this month and the bullish trend may take over though if the Lightning Network step in or if some whales manipulate the market We need to wait for the whales to step forward and play again with the current value, if this bearish continue to move downwards then new investors will think twice before placing their money, as we know that inside this industry, newbies loves to play when mooning is already happening, I'll wait for the whales to step forward and make some good rise and expect that many investors and traders will play after. |
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The value still falling and who knows what's next to happen with this project, I'm not seeing any positive movement unlike btc that the support level has grown already, maybe another year is needed and another for to provide before those who invested later than december last year will be able to recover,
people are already dumping as they already losing faith with this project.
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yes you are right this possibility bank just scared about the existence of digital currency like cryptocurrency that there can also be used to save money so bank only used to withdraw money only.
Banks owners knows how to play for their advantage, for sure they are just doing good advertising and creating bad publicity in order to hold much bigger stakes inside the crypto industry, it's the big businesses who always play around the market as we see that banks ceo like Jamie Dimon from jp morgan's already showed some statement about crypto stating negative position but for sure they know that they can't do nothing about it. |
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Trading isn't really gamble in real markets but cryptomarkets are very different. Noone surely knows their nature, as they are still very young. That's why it makes crypto trading - gambling. My experience showed that indicators don't work %70-80 of the time with bitcoin and others.
Is it? in my opinion, trading and gambling are so different that you cannot ever compare these things. Trading is a very hard work when you use mostly wits, not luck. We do have our own approach about this two things, those who already understand the difference will not agree that this two is just the same, but for those who just came in and still assessing the situations, they might say that it can be same in terms of possibilities as the huge fluctuations are killing most traders who only relied with luck and own instinct before selecting their supported projects. |
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