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And there are honest people here who really chose the last category of investors. If the word really applies to them. Well, at least they are honest. I am choosing the hodler. I like hodling, especially the kinds of Bitcoin, Ethereum, Waves, Litecoin, etc. And then there is also the fact that I am not really a great day trader. I do day trade secondary to hodling. I usually day trade when the market is doing good.
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The panic sellers will always be disappointed. These are the weak hands. And weak hands will never end up with a successful investment. Because a slight dip will already be enough for them to lose sleep and sell what they have the next morning. Whether short term or long term, panic sellers are no good. It would only be either they will change their disposition or suffer losses.
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give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
It is not really a pattern that every mid year the altcoins are always cheap. That is a wrong observation as far as I am concerned. The altcoins are very cheap as of the moment because the market suffered a long time of dumps and panic selling. Although there are green days, the lost value was big enough be recovered easily. But that does not mean that the altcoins are not worth investing. It is best to buy them during these times. |
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After surfing through the good side of BItcoin I was asked to give reasons why bitcoin won't last by a friend I searched through the web and found the following
1: Exposure to Bitcoin-Specific Scams and Fraud.
2: Black Market Activity May Damage Reputation and Usefulness.
3: Susceptible to High Price Volatility.
4: No Chargebacks or Refunds.
5: Potential to Be Replaced by Superior Cryptocurrency.
6:Environmental Ills of Bitcoin Mining.
7: Bitcoins Are Not Widely Accepted.
8: Wallets Can Be Lost.
9: Risk of Unknown Technical Flaws
10: No Physical Form
Guess what non of those mentioned above was big enough to discourage my friend from joining Cryptocurrency (buying bitcoin).
Which of the following disadvantages are you afraid of and how do you think it can be resolved
Of the list that you made, I tend to believe that there are only 3 concerns that trouble me a little. That is number 3, 8, and 9. The price volatility issue will really hinder the growth of Bitcoin as a currency. We cannot use a currency that is always rising and falling in significant terms. Wallets are not that absolutely safe also because we are talking of a digital one, ever accessible to expert hackers. Technical flaws are always a threat. And a fatal flaw will turn the whole Bitcoin community upside down. |
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Are we all ready for the next bull run which will most probably take place in the next couple of months? have you stocked up enough bitcoins and altcoins to gain from this bull run? if not i think it the right time to stop panic selling and start to hodl.
I am always ready. That is one attitude I developed here in the crypto world. I am not only ready to take up and celebrate bull runs, I am also very much ready to meet the reddest of days. Before, a slight bleeding will make me cringe even if my investment is still smaller. Now, my investment has grown bigger and I am also getting determined and more persevering. HODL! |
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One strategy that works best in times of fall in the market is to remain calm, and not allow yourself to be blown by panic. Just hold the tokens with large caps and even if possible, buy more tokens and hold. For some coins like Bitcoin and Ethereum, it is always certain that whenever there is a fall, there is definitely going to be a rise.
What will you do when the market falls?
Just like you advise, I am also reacting with calmness whenever the market falls. The cryptocurrency market is never suited for the faint-hearted. They will not easily survive with this kind of environment. It would be either they will adapt or lose. What is really needed in this kind of market is patience and strength of will. Sometimes, I cannot even help but think of selling everything whenever the market looks dying. But my reason would always tell me not to because the better days are still coming. |
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What is the most Frustrating/Annoying thing that you come up against each time you use/but/sell bitcoins?
Do you think it will it ever be fixed?
Sometimes it takes me a longer time before by Bitcoins are received or sent. But this is just a minor problem I can easily dismiss. My transactions are not that urgent. But this could actually become a bigger problem when someone experiences the same while a longer queue is waiting. This might hamper the smooth business transactions. Another frustration is the limited shops where Bitcoin could be spent. |
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Fast forward a couple of years later, I still cannot see a Bitcoin Classic in the cryptocurrency horizon. And where is Mike Hearn today? Bitcoin had been dead several times in the past. The only effect these FUDers had on Bitcoin is that it made Bitcoin immune to their repeated attacks, it made Bitcoin stronger, and it made Bitcoin appear immortal, not affected by any kinds of attacks.
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What is the best choice regarding investing in these coins? Lately I have sold my Ethereum and now I am waiting for the right moment to buy them again, but shall I also buy Ripple and Litecoin? Buy those Ethereum back. Perhaps it is about time you get back to Ethereum. It is like we are only awaiting for the bull run right now. There would be no more hard falling of prices. That is what I think at least. The year is on its second half. The bear season is long gone. The bull season is coming. Also, it will not be your loss if you buy some Litecoin and Ripple. Both coins are supported by large communities. |
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🚨«Buy Bitcoin now!»
🔸Dan Morehead, the founder of crypto-oriented investment firm Pantera Capital Management, says now it’s a good time to buy Bitcoin and other cryptocurrencies.
🔸“Get invested now so that in three, four, five months when the institutional, quality-regulated custodians that we're hearing about come online, they'll already have their positions,” he added.
🔸According to Morehead, investors could buy a cryptocurrency once it breaks its 230-day moving average, which is a technical indicator, and hold it for one year. This might generate an average 239% return, he says.
I hope this call will reverberate to all the members here, especially those who remained doubtful in spite of the exponential growth Bitcoin has achieved since its making. The price decrease should not be taken as a sign to sell or avoid Bitcoin investment. Rather, it should be taken as an opportunity to be able to invest with a low price. The reason? Dan Morehead has it above. |
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How could I be talking about selling when I am still at a loss? I would not be thinking of selling as of this point. I am a little stubborn when it comes to my portfolio management. I will not accept the fact that I will be selling today less than one third of the price had I made the selling last December of 2017. And now I will be sticking it out with my Bitcoins until they get back to their $20,000 price.
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Not sure how soon it will happen but everyone thinks BTC can down to $2k at the moment.
I think the end of worlcup 2018. BTC will be down to $ 2k.
Not sure how you came up with this absurd speculation. Actually, this is very silly of you posting such garbage here. There is no basis whatsoever why Bitcoin would suddenly dive deep to $2,000. And by claiming that everyone is thinking this way, it makes the post more stinky. Moreover, there is no significant connection between the World Cup 2018 and the price of Bitcoin. Wake up, dude! |
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Hello Manager!
I joined your signature campaign. I want to clarify something. In your signature campaign rules you stated the following:
"You must have our signature, image and account text, until the campaign ends, otherwise you will not be awarded a reward"
However, I found no image and account text in the OP. I also checked the profiles of the Full Member and Sr. Member signature campaign participants. No image and account text either.
Are we going to wear the signature alone?
Thanks!
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Tingnan ang recap at ang aming pitch sa Diggit Conference!
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Tayo kasalukuyang nasa panghuling linggo na sa bounty campaign. Huwag kalimutan ang mga Google forms!
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Karamihan sa mga bangko ngayon ay hindi nag aaproved kapag ang source of income mo ay galing sa crypto dahil hindi pa nila masyadong kinikilala ito kaya kapag nagbukas ka ng bank account iba source of income na lang gawin mo pwede kung sa company or di kaya kung may business ka.
Ito nga ang mahirap eh. Imbis na titingnan at pag-aralan ng maigi itong cryptocurrency, agad agad nilang isinasantabi kapag narinig nila ito. Papaano ngayon malalaman ng mga bangko kung talagang may pera sa crypto kung sa unang dinig pa lang eh rejected na kaagad? May presupposition na sila eh. Yung kay arielbit nga, sa tingin ko kung nagkataong walang alam yung manager nung branch na yun, malamang sa hindi rin yun basta-basta matatanggap na paliwanag. Buti nga at may close encounter din sa crypto yung manager kasi nga minero din mismo yung kapatid nya. |
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Well, buying and selling Bitcoin happens all the time. There is a buy and sell order that is filled every minute, no, every second. There is actually nothing wrong with it. The problem with this only comes in when one sells simply out of panic, or simply because he or she believes that the future for Bitcoin is dark. In other words, he or she is convinced by FUDs. Worse, if the selling is done with a huge loss. That is really stupid.
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noong nag cash out ako ng millions sa coins.ph (early 2018), tinawagan ako ng BPI sa local branch namin kasi "substantial" amount daw ang pumapasok, iupdate ko daw ang customer information ko doon sa bangko....tapos tanong tanong sila tungkol sa crypto at kung saan galing yung pera...kinuwento ko naman na early adopter ako....kung iisipin nga dapat coins.ph ang tanungin nila kasi sila ang nagpasok ng pera sa BPI, hindi ako..
in the end.."crypto currency trader" na ang customer information ko sa BPI
masmaganda sana na hindi nagtatago ang mga tao para maging ordinary na lang ito, hindi yung very rare at madaling idiscriminate ng mga taong may diperensya ang ulo...
tanda ninyo yung panahon na madalas nabubully at naapi kung bakla ang tao? tapos ngayon ordinaryo na sila sa....
dapat maging "openly crypto" tayo..
Brad, total ikaw lang naman dito ang may talagang actual na karanasan sa pag-cash out ng millions galing sa coins.ph papunta sa iyong BPI account, itatanong ko lang sana kung paano yung proof. Malamang sa malamang hindi lang kaagad na tatango ang BPI kapag sinabi mong crypto trader ka at early adopter ng Bitcoin o crypto. Ano ano yung mga hiningi nilang proofs na talagang nanggaling sa legit at malinis na paraan ang iyong pera? thru interview tinatanong nila kung ilan ang pinasok ko in the first place...sabi ko nag mina ako at bumili ako ng alts, pagtumaas yung alts convert to BTC tapos hanap nanaman ng alts na iinvestan.... sinabi ko na medyo mahabang panahon din kasi 2013 pa ako..tinanong din ako kung ano anong exchanges galing yung BTC(pera).....overall parang yung interview din ng coins.ph halos similar talaga ang nature ng pagtatanong... sa tingin ko nakatulong din yung factor na may knowledge yung bank manager sa crypto kasi nasabi niya sa akin na yung kapatid nya nagmimina din at may kilala siyang relative ko. regarding sa proof... noong una tinawagan ako sa cellphone ko at natanong ako kung may "paper trail" ako ng pera, sabi ko meron...hindi naman nila hiningi at alam naman namin na hindi ko naman kailangan ibigay sa kanila..kung under anti money laundering investigation na ako syempre kailangan ipakita at syempre uunahin muna nila yung records kay coins.ph kasi sila ang nagdeposit ng fiat sa account ko. sinabi ko rin na may records sila ng transaction sa accounts ko, makikita na ang mga binayadan ko puro tindahan ng computer(ATM account yun)....nilipat ko naman sa passbook account yung mga millions para mas safe, at iyon din ang pinangbili ko ng lupa...sa pagpa issue ng managers check, humingi lang ng deed of sale yung bank, for record purposes, namention din ang "money laundering" kaya nila kailangan yung deed of sale.. so papaano pala kung may pera ako sa coins.ph na million at gusto kong ilabas? at yun ay nggaling lamang sa tokens? panu ko ipaliliwanag yun sir? naisip ko lang naman po if ever na magkaroon ako ng ganun kalaking halaga. wala naman naghukay ng trail ng pera ko...kahit nga bigay lang ang tokens tapos naging million ang halaga basta wala naman masamang pinanggalingan bakit tayo matatakot? Ako naman ay naniniwala na sa dulo ng lahat ay wala silang makikitang fraudulent o illegal na pamamaraan kung paano ko nalikom ang aking pera. Pero syempre sa dami ng mga nagsasabing wag na wag gamitin ang crypto pag ka-transact ang mga bangko dahil malamang sa hindi ito tatanggapin lalo na pag medyo may kalakihan ang involved. May mga na-closed account nga sa ibang bangko dahil ang soure of fund ay crypto. Pero sa karanasan mo nalaman kong posible naman pala. Siguro sa pakikipag-usap na lang yan. Pati ba sa BIR o tax-related na mga usapin, maayos na lahat yung sa'yo brad? Walang advice o notice na kelangan bayaran mo ang ganito ganyang amount? |
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