Both are good prospect. I suggest to go 50/50 on both currencies. Now. with how long only you can answer that. ideally you can with profits annually and save the rest to gain more or you can just hodl longer if there are no reasons for you to withdraw your investment. About buying, currently we have a bearish market pattern and according to the forecast it may continue towards the end of June. I suggest to wait a little more. You want to buy BTC at $6500 or low and ETH at around $450 or lower.
Good prospects should be ETh, in my opinion this is the most potent current, many ICO projects are based on the MEW contract basis, and almost all ICOs accept ETH, which is proof That ETH is a common and useful coin to the user. I believe in future ETH price will rise higher than BTC. I will go with both Bitcoin and ETH. There is no such restriction like you cannot hold Bitcoin if you have ETH. Better go with both as both are the most promising crypto currencies in the market. Though the current prices are low but the future expectations are high and like the NEO classicals, we should also prefer the future profits over the current market scenario because in long term, you get a whole rise in the monetary values. There are other factors which prove that Bitcoin and ETH is the best portfolio. |
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The last month shows a good trend. I think that the market is really getting better. I think that in autumn, like last year, there will be good growth. Let's hope for it.  The market is still in a good position, despite many lost more than 50% of their investment right from the beginning of this year. I believe that before this year ends, even if we don’t get a price that is higher than what we got last year, we will at least get something that is close to that. It will be best for anyone to invest right now, cause if you keep on wasting time you will just end up regretting later or maybe even end up among people that will invest when it will be about to fall again. Yeah you are right. We all must think passive about the future price of bitcoin. I also hope that it will soon cross $10k and will increase slowly with the passage of time. Now there are no big bump and dump and it is good for new investors. Nothing is unnatural now about the price. We will have to wait little more to see rise in the price. Let’s hope for it. |
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It wpuld be wise if you spread it also to gold not all of it going to crypto. I believe crypto is the futures of store of value but you need to consider the wild market in crypto. Its your own decision to male but we as community will say " dont put your eggs in one basket " buy 30% of it to gold and 30% for fiat and the 40% put on crypto.
Yeah it is good idea. Most people are now doing the same because bitcoin price is so high that one doesn’t invest all his money in bitcoin only. When you split your investment, lose chances will also be divide and so the earning. You can search best option other than bitcoin. For me ripple will be the second option for my investment and then litecoin. |
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it's new and very gripping what will happen in the future, even a great predictor will not say that it will be as it was not yet! but you can compare with the shares
There is no one who has the power of predicting the exact future of the market in the coming days. All those who make predictions are based on the past trends of the coins and same is in the case of bitcoin. Since it sets a new record by the end of every year, same is expected from it this time as well. There is no need to imagine too much but stay positive and calm to enjoy money. |
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In my opinion, if government is for the people, then might as well give it to the people. What is the use of hindering citizens from getting above the poverty line. If bitcoin will give them their much awaited financial stability, then they won't have anything against it. The thing is, to just regulate this kinds of currency do as to protect the people.
What it appears to my mind is akin to what you have stated here. No man with mind would be able to understand the logic behind banning bitcoin anywhere in the world. We need to understand that freedom is the basic right of every other human being whether it is financial of some other sort of freedom. We cannot stop them ethically and legally from getting richer. |
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The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
The problem of Africa isn't really poverty sincerely speaking (sincerely writing, actually). Our problem in Africa is Bad Leadership which has easily occasioned corruption and insincerity of purpose. These stupid and bereft of ideas leaders can do anything just to remain in power and arrogant to themselves dictatorial powers and wealth. About what to do globally to better the world economy? I am afraid not much can be done about that as perpetually there will continue to be poor people in parallel to rich people. It has always been that way from time immemorial. But that isn't to say we shouldn't attempt at helping out. We can start by cleaning and helping out at our individual corners. We can spread the bitcoin opportunities to those poor around us to coax them to key into it. But don't be surprised if those you tell spit your help out before your presence in refusal. We can make our selves economically better and countries can make their countries economically stable and better if they adopt the Bitcoin. Bitcoin make us profitable and give us huge returns of our investments so same as a government can adopt Bitcoin just like Japan has adopted and give a better shape to their economy than the economy of past. |
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When I've started trading a half year ago, I wasn't really aiming to become rich but I was trying to be financially independent through trading digital currencies
right. Almost everyone who invests in this market in mid-2017 will have a lot of money. That is the time when the market is quite vibrant. and it has had a big shift by the end of 2017. Yes man you’re right, almost everyone that invested in the mid-2017 made a lot of profit. 2017 was even the best year for me so far and what I earned in 2017 is way more bigger than what I have been able to achieve in other years ever since I got into crypto trading. 2017 is indeed the best, except for those that invested at the late time like around December, cause most of them ended up with a big loss. |
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I have experienced in fortunejack when I was asking for something and all I can say they have a very good and responsive support. I think you mean is about support system on the casino Yes that is what he means with the topic he posted. Just like you, I don't have much problem or issues with it and I just ask them if there is something that I need an assistance with. Overall the ratings of well known casino's here were fair and good. Crypto casinos are good for regular gamblers. There will no fear of looting and snatching of money and the gamblers will be mentally relaxed if they bet in cryptocurrency. No cash in hand, just bet and give or receive in your wallet the winning amount. I support crypto casinos because I think it is safer and more secure than regular casinos. |
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What if our government add tax whenever we transact fiat-crypto and vice versa, and the fund will be used for our protection(ICO,Scams,Phishings), for example the government will make a group or sector that focuses on crypto environtment. what do you think?
This is totally irrelevant because we are running away from taxes and you are asking about tax in crypto is bad for crypto users. Crypto users are investing because it is tax free and is negligible as compared to other currencies. People leave fiat due to the tax and bad transaction system and now the given suggestion will make people to run from crypto as well like they ran from fiat. |
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The risk is great and the newcomers must take the coins at a lower rate.
Investing in low rate coins is good cause there are more possibilities that this coin will pump lot more than any other "big" coin in short time, so taking risk could sometimes be profitable. but not all coins that have low value will do the pump it all depends how potential coins and investor interest on the coin.. Thinking twice before investing is the thing to do.. All those coins that are still cheap when the market is rising simply means that investors are not interested in these coins. and the truth is, these coins are going to remain this way because people have choices like bitcoin, Ethereum, bitcoin cash, neo, Litecoin, waves, Monero, ETC. while we have these in the market, they are going to dominate forever and only they can go to the moon. |
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This is a great write up. I love it. I will just like to add a common thing that everyone can use when you feel the market cap is decreasing, its called TETHER(USD/USDT). This is mostly available on top exchanges. You can convert your Btc/ETH holding to tether anytime you feel there is a downtrend. It really helps a lot, and you can easily convert it to btc/ETH when you feel a uptrend is coming soon.
Someone have said, life isn’t a bed of roses ratherprunes. So better is to learn different things that can be helpful to you at the end of day. People from different backgrounds are coming into bitcoins and they are continuously earning money from it. But mostly they don’t know about bitcoins. Now if they think they already don’t know about them so no need to get in, then how can they will be earning. |
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The way to invest in bitcoin I think is prepared mentally to face all the risks later because to the rapid price movements traders must be able to act quickly when they want to make a profit and try to be patient if the bitcoin exchange rate has not gone up in order to reduce the loss.
This is the most helpful advice that can be delivered to a novice. Bitcoin has a very fluctuating nature due to which it is very difficult to handle this currency and most of the times, traders as well as holders lose their faith in it during the downfalls. This causes them to sell out their bitcoin at low price. Ultimately, loss is faced. A person with a god knowledge and better understanding of its future can make real profits. |
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I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
Absolutely yes, those people who are not well knowledgeable about the market will really lose a huge amount of profit because they do not know how to trade correctly even in a simple way like buy when low and sell when the price is high. This is very common mistake made by new investors of the crypto market. They think that the dump is going to last forever and they would not be able to make any profit soon. Maybe they do panic selling because they are impatient or they are pushed by opponents of the coin they are following for giving up on it and invest into their coin. These people need to do little more research. |
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Cryptocurrency market is highly volatile , If you look at the charts 3% loss can occur anytime , and after 3% loss the project can rise upto 100% , imagine you purchase a coin at 1 dollar , stop loss is 97 cent , if project goes 3℅ down , your order gets executed at that moment and after couple of minutes if the same goes 2$ your total loss will be 1.03 , you are in loss , no matter project is performing or not ,
There are so many other factors which you need to take care of at time of selling or buying of any of your coin and that you need to make this decision after having enough of the thinking over it and that there is no point of making any kind of hasty decision. You need to be sure that you are using the knowledge which you have in the best possible manner and that you are not going to regret over the decision which you have made. |
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Being in a haste and having lack of knowledge is what most newbies face whenever they get into investment. I have even found myself in such position several times when I was still a noob. Despite I had no experience as of then, I still rushed into investments due to the price is going high and I feel like I’m already late and losing.
It’s not easy to control yourself, it takes time before you will be able resist the urge of rushing everything. As for being greedy, nope, I’ve never been greedy when it comes to whether online or offline investments, I do mind how much I’m investing cause I don’t trust anyone.
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I have lose a small amount of bitcoin on gambling, so i haven't been doing it for some time.
Brother if you have tried it earlier without asking from anyone expensed persons and now, still you are trying to get back in there and start gambling with bitcoins, I must say you deserve pettiness. Really that is not making any sense. Once you have lost that amazing, tremendous and enormous bitcoins in gambling and still there are some rough plans being made in your mind to do that shit again. |
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Gambling is a satanic act that opens the door to other crimes.
Not all gamblers does have that time of mindset. There are charities that are dedicated from the profit of casino's so helping the charity is an act of what? Yes some casinos do donate the funds to charity but i haven't seen any charity claiming they receive donations from such casinos either way even if the money is donated i have never seen it utilised properly The government is also responsible for putting the tax that comes from the casino to send directly to these charities. Why do the charity have to claim that they receive donations? You don't know that there are donations that coming from them that wants to remain hidden, helping without any exposure. maybe the casino doesn't use the name of the casino to give the charity and using the owner's name to hidden their business. I think many casinos give a donation to any charity. we know that gambling has negative effects for people so it is better to not to play gambling in every day and we know how much we should spend on the gambling games. and if we can do this, we can prevent to become an addicting person in gambling which more dangerous than normal gambling. I don’t know what this is all about in foreign countries but here in my country, gambling is totally prohibited. Governments have legislated with immense strict compliance that nobody can be found in gambling. And if so, he must be sentenced in the jail as per the law. So nobody can even think of giving charity if somehow he has managed to gamble somewhere. This is really a shitty act considered here. |
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There are very few people who can do that nowadays but I hope everyone has a day to day use of their money and whether they can get rich or responsible person or can help them. I hope that the world becomes more beautiful and healthier.
If everyone starts implementing this statement in their daily life then yes this world can become a hub of healthier and wealthier people all around. If the circulation of money becomes satisfactory and almost everyone can get a good amount of income then how better this world would be. We have to help the poor as we have a duty to take care of those who are unprevailed. |
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My answer to the principle is: NO
Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.
Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.
BUY BITCOIN TODAY AND ALWAYS.
The future of bitcoin will be in how this will survive without the full support of the government. I have no doubt about the technology but on how the investors put there money on bitcoin without a fear of losing the value. Maybe in the future another coin will in control the crypto currency world as nothing is permanent unless change. Government has not supported bitcoin so far. Actually most of them have tried to hurt it one way or the other. Only few countries supported it and Japan is the best in this perspective. It has been supporting and promoting bitcoin within its boundaries for year now. It understands that the future of money lies in bitcoin.But some people want to get hold over bitcoin in every sense. |
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Surely the bank can not make us rich. The interest paid by the bank for us to send monthly can be called support interval. So that's not much money, not enough for you to spend in life speak of wealth. Can only invest in the Crypto market to get rich.
Banks are not exactly for us rather they are doing their own business and in the world of business, nobody really cares about anything other than his own benefits. That makes sense too. Banks feed on our money. They utilize it in certain investments and then get profit from them.At most, these will give us a very small portion from what they get. Simple as that. |
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