I don't think so that bitcoin is slow, nor alts can beat in speed because at the spot bitcoin is the most expensive cryptocurrency and in last couple of years if u see the charts you will get to know that no other coin can even come near to the speed of growth bitcoin has.
Recent times the fall of crypto currency affects not won a bitcoin but also all the crypto currencies in today’s market so we don’t think that bitcoin only down but also all currencies have same problem I wanly thing that we can do now is waiting with patients help you a lot more about our investment. |
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So we just have to find the other 20%, sounds easy  Anyways, it may be true, I personaly see a lot of ICO-s failing after the crowdsale too, but luckily, I only invested in one scam project yet, and it was the beginning of my crypto "carreer", so hope it will not happen again, now that I can better judge. Yes I also agree with that we need to choose the remaining twenty percent for our investment but it is not easy we can spend more time to find that it is the only thing that good for you . |
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Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing. Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time! There is not a get-rich-quick scheme.
The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.”
Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time.
Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job. It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn. Pay yourself first by investing.
Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification. New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires. Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future.
There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives. There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help.
No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.
You must set goals. What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire. Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process.
Risk can mean a lot of things. Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero. ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto. Do you remember what happened in 2008? The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history. Severe market corrections are not uncommon, especially in cryptocurrency!
How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money. This is your time horizon. Usually, the younger you are the less thought you give to fluctuations in the value of your investments. This is the volatility of an investment. You should align your investments with your time horizon.
How long are you going stay in an investment? Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy. There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor. I am not saying that you need to hold an investment forever. Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.
Some crypto-investment vehicles require sophisticated knowledge and monitoring. Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices. An easy route is to choose a variety of cryptocurrencies. A diverse portfolio of BTC, ETH, LTC, and BCH. Crypto investors with more knowledge and experience might consider ICO’s. It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.
If you want big and faster profit in an investment you should probably choose from cryptocurrencies because they're good investment but you have to choose wisely because some cryptos just fall down in terms of value and never goes up. I guess this is the compensation for the price and profit cryptos give. My only advice in engaging one is knowing something about it and some techniques about bitcoin investing. This forum pretty much helps everyone. Yes I also think like that some currencies are not rise up again because due to some reason it and they are not trustable so choose the best currency for investing with lots of effort and it will convert into profits later. |
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for now I have never redeemed bitcoin face to face because I'm too busy and maybe I'm too lazy to get out of the house so I'm more likely to use bitcoin to make payments at the exchange using the available websites.
No I also don’t make an exchange that you don’t need this type of exchanges far as we need only exchanges from crypto currencies to our own country currency I don’t do anything like this. |
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I’m going to be accumulating the majority of the coins below over the course of 2018 Q1—I’m a big believer in a diversified portfolio.
Especially in crypto.
I split coins into 3 tiers. Coins in tiers 1 & 2 I will be continuously adding to my holdings throughout Q1.
I based these tiers on my investment strategy, I highly suggest creating a strategy before investing in anything.
You need to have a goal that you’re working towards, and a framework for how you want to reach that goal.
My goal is to increase my holdings of Tier 1 & 2 coins, by trading coins from tier 3 on a short-medium time frame (2–6 months).
I also margin trade Tier 1 & 2 coins and use profits to increase my overall $BTC position.
Don’t margin trade.
It’s bad.
Not margin trading is rule #8 in my “10 Crypto Commandments”.
Some of these coins I don’t believe in as long term investments.
Most of the time, the criteria I use to pick coins starts fundamentally with the team, roadmap, and community.
Once I’ve deemed a coin as “Fundamentally Strong”, I then go into the charts and apply Technical Analysis to determine if I can get a solid entry point.
Sometimes, I’ll see a coin I don’t think will last in the long run, but the chart is just too pretty to say no. I will denote these coins with an [X] by their name.
Cliche Disclaimer: none of this is financial advice, don’t even listen to me, I’m a random person on the internet — I could be full of sh*t and you wouldn’t know it.
Do your own research and only ever invest what you can afford to lose.
Tier 1
Bitcoin ($BTC)
I always hold at least a little BTC. Bitcoin is the market leader, and until that changes, I will always hedge against my Altcoin investments with Bitcoin. I typically have any where from 10–30% of my portfolio in Bitcoin depending on Bitcoin dominance at that time.
Bitcoin dominance refers to the percentage of the total cryptocurrency market share which is held by Bitcoin. You can check the live stat here.
The link also shows the market dominance of the other major coins on the market- spend some time getting to know the chart and notice how coins market caps correlate negatively or positively with each other.
Understanding the market cycles of crypto is pivotal to successful investing.
Tier 2
Neo ($NEO) & Ethereum ($ETH)
Image courtesy of CoinSutra
ETH and NEO are competitors. They solve the same problems, are both serious coins with large market caps, and I hold both as long term investments.
I’m not hedging against my bets by investing in competitors. It’s feasible to me that these two entities could co-exist in the future in a fashion similar to how Apple and Samsung coexist.
I think the all-time best currency for investing in crypto currency is bitcoin there is no other doubt that if you want to more time then there are many choices available for you it also be profitable make sure it will not affect your profit and hopefully it will be profitable in your future . |
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Least of my problems after I die.
Made me laugh  Thanks! But, it may be a serious issue. I actually knew a guy (past tense) that had a bunch of cash in a bank, hidden away from his family... Took em like 15 years to find out, that he was hiding it. So, if you have anybody you trust, make sure they can get a copy of your wallet after you visit the other end of the blockchain? If you are die is nothing will be change with your crypto currencies 8 to remain same and change the value also increasing if you have any rights to access your wallet then they will be profitable with your investment in crypto currencies this is my thought. |
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I spend about an hour daily. How much time you spend on researching about bitcoins ?
I don’t have the right answer for this question because when I free I use to research about bitcoin and other some crypto currencies in the market so this is my answer for this and also I used to research about new ICO and tokens in this market . |
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If you want your bitcoin to cashout means, through online itself you can done. There are so many local exchanges are available to change bitcoin to local fiat. So choose the best exchange and change the bitcoin to your local currency and transfer the money to your local bank account. For this process you have to pay some transaction fees. You have to check which exchange gives low transaction fees then you select that particular exchange.
Yes there are many ways to convert you are crypto currencies are bitcoin to Nirmal currencies and and one of the way is exchanges this will help you to change bitcoin S real money have your own country many of the people in this field using exchanges to exchange their two currencies to their normal one country currency. |
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it seems that what you say is true, with you paying taxes then you directly contribute to the development of your country, and not only that country can be advanced if its people obey pay taxes.
Yes taxes are only discovered for their development of the country by each and every people with their own rights that’s way taxes will be established in over the world for each and every country but in today’s situation there will be a lot of taxes will be provided for people by the government I think it is in some of them are unnecessary for the people so this is my thought about this topic. |
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01. Most Painful  When I was newbie I have some bitcoin from giveaway, but I wasted my bitcoin because I guess bitcoin just a moment, bitcoin will died in a few years a head. So, I sell all bitcoin that have without leaving a single bit and time passed it turns out bitcoin price increasingly and I just watching I don't have anything that is very sad. With my experience before, I am getting excited about getting bitcoin and I intend never to sell it until it reaches the price I want, and by 2017 I sold bitcoin at a price of $18,000, at least treating my previous regret. I totally relate with that happy moment of recovery. There is one thing with the recovery of btc which also tells on the recovery of the market as a whole and the joy it brings which is usually more like a ray of hope for that particular point in time that we will have to enjoy those sweet moments. The painful one you mentioned though is kind of particular to almost everybody and that time when bitcoin is not as high in price as it is today, one would have thought, keeping those coins till date would actually have meant a lot, but such is life. I think this year will be there very critical year for all the uses of crypto currencies especially bit kind uses have a lot of disappointment with the value changes so we cannot do anything about or against this we can only make a patience with some intelligence this will help you to come back again in crypto currency but All these confusions are just temporary for some days it will come back again soon. |
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of course bitcoin can be useful to overcome the economic problems because by having an investment in bitcoin it will have a chance to get a profit and of course will get money that can be used to improve the economy
A lot of trouble and disappointment happening nowadays so the people in the world are very disappointed with these economic changes. So bitcoin will helpful for them to make an up’s in the their life and also live peacefully Which are the uses of crypto currency so she is not spam are nothing like that we can make our life like a dream no other field can make you more richer in a short span of time. |
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That won't happen. First, the national currency is legally issued by the government, so it's more reliable and stable. Bitcoin, on the other hand, is volatile, that means its price can widely fluctuate.
National currencies are not like crypto currency it made up with the some regulation rules but crypto currency is not like that it had no roles and no one can hack this type of currencies you can make a lot of infinity investment in this so you cannot make Crypto currency as national currency but we can make it as an additional usage of it so my will opinion is crypto currency will shoots for all the people who wanted to live a better life and also make some savings for your future generation will help for them |
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It is obviously a good news for bitcoin. But obviously the market does not properly respond to the news. Bad is worse than better things.
More and more positive news needed now to overcome the price fall because the price keeps falling continiously.But it is a good news that bitcoin will be used as a currency there,but this news may not give big impact now,so give some more hot news which can pull the investors again into crypto world.
the giant companies have begun to receive bitcoin as their payment tool, this is good news about bitcoin hopefully soon become a reference for better bitcoi price
Been reading negative topic about Bitcoin. Wanted to share this topic to have some positive impact here. At least we can see some light amidst of these market prices. Yeah, almost everything I red about bitcoin are negative and too devastating, as if bitcoin will never rise up again. It is about time to have some booster like this to at least give us confidence about investing and trading cryptocurrencies like bitcoin. Yes bitcoin can do anything on the money market if it reaches hogs value it is not a impressive one it earned it already so hope these collapses will clear soon and had a fresh move. |
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Before invest in crypto you should know first what is crypto ..and you have to know how you invest in it.
The only thing is you need to do is patience . If you have that you will be ableist to earn good profits otherwise you will not make a good profit in crypto currencies. |
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and can anyone tell me how to bond the title  Maybe yes but no one can tell or predict if ethereum can reach the top it will depend on the peopl who uses and buy. But if many will used and invest in Eth definitely it will. But it will be gard for ETH to take the top 1 if the coins. But their are many people who used eth. With the fall of some currencies we cannot decades any thing with crypto currencies we cannot judges crypto currencies very easily the value will come to the normal value soon. |
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i think it's normal because ethereum is alts and bitcoin is the main coin all alts follow current if bitcoin when it comes to price. Due to me, I think ethereum follows the bitcoin stream that is why sometimes if bitcoin rises ethereum will follow and if it goes down the eth will go down too
While the price of bitcoin and ethereum has not same in all times so we cannot make a comparison with both are different don’t merge each with the economy. |
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I see that my future is bright because with bitcoin it gave me opportunity to earn money and those money will be used for my future business so if i will have enough money from bitcoin then i will just building businesses and that will give me a good source of income that will become the key for my good retirement.
When you invested in crypto currencies it will be not enough we can don’t do much more that for the development if you retired it will be much more that so do more and get more. |
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I think that bitcoin is just a victim. Bitcoin is used as a crime reason. Whereas bitcoin is a good technology so I do not accept if this technology is used by people who are not responsible. I emphasize here that the wrong people are irresponsible. They don’t have good morals. They do not use technology for positive activities. I am very sad about this. Therefore, I would agree that this bitcoin is not anonymous so everyone can be held accountable for their actions.
The main advantages and big drawback is no one can no who is using it but it is also the good thing but for criminal in all field will be confusing so we can’t stop it. |
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There is no universal recipe. It all depends on the coin and the situation on the market. In any case, the best advice is not to keep all the money in one coin. This will help you minimize losses.
In today’s situation the bitcoin and ethereum has some profitable investment but no one can say what happens next especially in crypto currencies investment because a lot of ups and down are happening every minute so wait and watch . |
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Please don't sell all. Cryptocurrency is here to stay. It is going no where. If you lost most of your money, it probably because you didn't make some good decision. But that should not deter you. Just learn from your mistake and move on
Yes the crypto currencies is not a small platform if had a good time it will take you to a bigger stage so don’t sell quickly with these confusion in crypto currencies wait for sometimes and get more profitable. |
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