#JOIN

Bitcointalk username: summerBliss
Forum rank: Full member
Posts count:  236
ETH address: 0x4d2Ff6dc87E7e0f9157415B977B3B2165039F7d4

OMG, WAVES, PTOY, EDG are good bet for October. WAVES dex is releasing on Oct 10. You can buy today and hold for 10 days. Price is most probably gonna pump if you want short term profit. Else, OMG and WAVES are good long term bet as well. PTOY and EDG will be pumped this week because of some company release.

Is this campaign running for second week?

For a beginner, investing is safest way to grow your money. Simply put your funds in some decent and potential coin and enjoy returns by having some patience. In trading, you need a constant watch on market specially for day trade. You need to read the charts and keep a watch on parent company. This all requires lot of time. But profits are incredible. You can earn same percentage of returns inna day in trading that you may earn with Bitcoin investment in a year. But higher risks are involved in trading.

I am a trader and I need my Bitcoins frequently that is why I prefer online wallet or in offline, desktop wallet. I have never tried hardware as for now. But I never keep my all bitcoins in one wallet. I diversify them among various wallets. Thus, a security from being robbed off completely if ever happens.

Before November, Bitcoin can reach $5000 and may fumble a little before fork. Therefore, Bitcoin will be hovering over $4800-$5200 before November. After the fork, if everything goes well and there is no drastic chain splitting. Price will boost amd might touch $6500-$7000 by end of the year. If some drastic chain splitting takes place, price might stay at $5000 only.

Crypto market will indeed evolve with time but it won't be surpassing stock market though. Cryptocurrencies have major use as a currency and can be a mode of payment and incentives in companies in future. But through stock and share, we invest in compnies. No matter what technology era we reach, companies will always be there and people will invest in them. They aren't going anywhere. But along with them crypto will go mainstream too.

Right now there is no bubble. User base isn't much and the target market is big. So whatever price rise is there is genuine according to high demand and a limited supply 650k Bitcoin a year which will keep on halving every four years. This trend will continue for a decade or so with some ups and downs. But a bubble will definitely build up later and will pop out too as demand only can't sustain a market until there is some unbeatable real use. But nothing to worry as for now.

All the recent negative news got absorbed and there is no uncertainty in Bitcoin market. Recently ICO ban news from one of the dominant country in crypto market, South Korea didn't show much impact on the price and the price is bullish irrespective of that. Resistance level of $4000 and $4200 has already been crossed. I believe bitcoin will touch $5000 by mid October.

When the prices are falling, I tend to hold my coins unless the con has no future and was just low cap and pump and dump coin. In such case, I sell at loss. Actually, I invest less in such coins, so loss didn't really hurts. If the coin is backed by some good project and seems to have potential. I keep on holding. If the coin is large cap and popular usually the top 10 ones. I never sell them as they have most chances of recovering.

During such circumstances, I think Bitcoin won't be a center issue. But usually in such negative circumstances people tend to avoid banks and thus they might keep their money in Bitcoin only. But this is hard to predict as nothing of that sort has happened before since the inception of Bitcoin. Nobody can certainly say anything about the market. But at the end, there won't be any war.

Keep half of the amount of ETH you have as ETH only. After Bitcoin, ETH is next big thing in crypto market. Have some patience with your investment and wait for atleast a year to withdraw back. Diversify the other half in some potential coins and even in ICO tokens if you find some good project. If you already have enough in Bitcoin, then no need to invest in Bitcoin. If you don't, then invest in Bitcoin as it is safest in long term.

Volatility of bitcoin is indeed hindering its utility. Many merchants and vendors are skeptical of accepting bitcoin as a payment medium just because of high volatility. Nobody can definitely control the volatility. But with time when more users will start investing in Bitcoin and distribution becomes more uniform, volatility will decrease. But it always be there.

Cryptocurrencies are decentralised and hence are unregulated. Thus, pumps and dumps which are considered to be illegal in other markets are quite common in here. We certainly can't escape this. Because of this many new investors made loss in altcoin trading specially. Some coins are mere pump and dump ones. Analysing a coin is therefore very much needed before investing.

Bitcoin is a decentralised currency that should ideally be free of government regulations. But governments just can't let a decentralized monetary system to derive the financial system. So, they will regulate it either in favor of it or against it. We just can escape government in such matters. More regulations to come from many more countries in future.

If you understand Bitcoin and potential market it is targeting. There is no need to panic when price is down. In past incidents also Bitcoin has always recovered from the worst of dump too. Bitcoin has long to go. This is just a starting phase and price has potential to reach $100k in next 4-5 years.

Actually the problem is people who are not into Bitcoin don't really understand Bitcoin and speak non sense. Most people don't understand the potential Bitcoin posses. Most of them are skeptical about it and don't really trust Bitcoin for investment. I think people need to be made aware by the community only.

Not many people know about Bitcoin and Bitcoin is highly volatile. These both factors limit vendors to accept Bitcoin. Also, even if people know about Bitcoin, they aren't ready to spend it because Bitcoin is more like an investment for them than a currency. I think in future more retailers will definitely start accepting Bitcoin with bitcoin going mainstream and a little decrease in volatility. Right now some dominant countries in crypto like Japan are involved in Bitcoin extensively.

According to me $10k is not happening this year. It might be possible in the first half of the next year that we will see $10k price. Market will be indeed remain bullish with fluctuations in coming months leaving first half of November and we might reach $6k to $7k by the end of December but going above that is least to happen.

I completely agree with Charlie Shrem here. China Being the dominant country in cryptocurrency can have a small term effect but can't affect the Bitcoin price in long term. Market will eventually recover from uncertainty spread by China by September end. Price is going to shoot in October.