If u hold the best coins in crypto market which has market value u will definitely see good amount of profits like 5x or 10 x profits in coming months.
Yes and in fact it is just the start of the movie, we still have intermission coming its way. Crypto has captured its place in the market and it is I think difficult to replace it because people are still earning in the crypto business. Besides, the technology has been adopted and accepted by few of the top companies in Europe and almost all the shopping malls in America and acts as a medium of exchange. |
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Well, ETH already has extremely strong impact on the market. I guess that it will only grow from on now. I predict that possibly it may even overcome BTC in some years in future.
The future of ETH looks prosperous if the previous and current data is kept in mind. ETH has been second in the list of market capitalization and besides, it like Bitcoin has all that an investor quests for. The speculated and predicted prices of ETH towards the end of the 2018 are $2000 and according to some optimistic experts, it might even cross the $5000 figure. Irrespective of what the experts say, I personally feel ETH has to go a long successful way due to market popularity. |
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Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment
You can buy now that there is a dip in price and wait to follow the trend back to the top after reversal. If you have fund to invest just do it now and receive massive profit. If you have properly learnt before entering in the world of trading that the golden rules that are so simple and fantastic to provide you best guidance throughout your tenure, then you are really doing amazing. There would be bright chances for you then to make a good mark. Buy low and sell high, this is the most enormous and efficient rule that helps almost everyone. |
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Start to follow the market every day in your spare time. Get up early and read about overnight price action on trade markets.
Observation is actually the key in trading. Once you are interested in bitcoins and trading in them, you must be supposed to see keenly what the market is doing with them. If you are unaware of market, and you really don’t know what is going on, all your efforts could be on stake. You need to work on this point and strengthen the beam over which you are just taking up the mark. |
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I'd like to buy some bitcoin or litecoin (ltc because less sharp ups and downs) but i'm having trouble figuring out the best way to go about this. I'd also prefer to do so anonymously... I could use some help. I live in the middle of no where basically so I doubt anyone out here would have some to trade in person. Any help is appreciated.
Why have you chosen exactly these cryptocurrencies? Yes, I know that Bitcoin is the King, and Litecoin is one of the oldest and the most reliable alts but pay attention to the other coins like Gladius and Crypterium. We always try some other coins as well but as far as this crypto world is concerned, you mustn’t be so stupid to just jump from one to another. This isn’t right approach rather you must think of a better coin and do proper research about that and then come into the ground. Only then, you can earn big money and all your goals would become resonating with your effort and you would earn handsome money. |
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We are witnessing a dip again and its the time when most of us sell to avoid further loss. Don't panic and relax if you already have bought at higher rates just HODL.
The positive aspect of this dip is buying opportunity.
Bitcoin is not negative and how can you say or prove it is negative? Just look at the rise and sudden jump in the prices of Bitcoin today that has rendered many rich which depends on the number of coins one holds. The prices are stable than any other coins. One should never sell during the red market and panic selling contributes to the further fall in the values of Bitcoins. |
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Red days are more than green days because the market is unstable. When the red day comes, many people sell their coins. And keep on thinking about the price of the green day more high. which is they will hold hol hold eveyday and makes green days is less often than red day.
More red days than green days are an upsetting thing but I this when there are more green days than red days, less people will invest in the technology. Besides, these are the market phases and the market if in disequilibrium always tends to move to the equilibrium position. Irrespective of the market condition, holding the coins until the prices are higher than the initial is the best strategy. |
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I have lost faith already in Bitcoins. Starting from 18000 USD at the end of last year, now bitcoins is trading around 7000. When is it getting back to the 18000 and bypass it. I think altcoins are more lucrative now than bitcoins.
You did wrong, $18k and $20k was not the actual price of bitcoin because it was unnatural and not according to the market cap. It was a bubble and now the air is flush away from the bubble. So I think no need for losing faith in bitcoin. Now it is on the track and according to the market cap and the increase in normal. If you lost your investment then you must hold your bitcoin for some more time. Yeah you're right we know that the price is very high for bitcoin while marketcap is not that big, so there was a correction of the price until now but you don't need to hesitate and lost confidence in bitcoin, the price will definitely continue to climb up as demand grows bcoz of people in many parts of the world continue to adopt bitcoin, so do not lose your faith in bitcoin dude.. It is just the mater of knowledge. Your knowledge and understanding about the Bitcoin determine your faith in the coin. The more you know about the importance and advantages of the coin, the more you invest in it and the more your faith grows. Besides, those who earn in the start are very loving towards the Bitcoin and are the faithful guy in the market but those who loose due to information gap call it scam. |
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A study by finance professor Daniele Bianchi says that the prices of cryptocurrencies are influenced by the mood, hype and emotions of investors mostly rather than economic factors. It really sounds horrible. But I think it is partially true. Because if you see the number of people engagement with bitcoin, you will see that a large number of people came to this market after the vibe of BTC rising. And they entered here without gathering proper knowledge.
What do you think about this? What would be its effect???
I agree totally because consider a scenario when a person has 2 Bitcoin and 3 ETH and the market suddenly crashes. Now the thing he has to do is to keep calm and hold his coins but some people just do not and sell in panic. This fall in the demand for the coins actually contributes to the red market and this is the reason panic selling results in loss and also in the disequilibrium. |
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That depends on how much is that 20% of yours if it's atleast a hundred grand then you decided to invest it to bitcoin then after a few years that investment may double or triple when comes to bitcoin it's always a win-win it might be a long hold but it's worth it unlike other altcoins that disappears after a few years.
The wisest thing one can do with one’s saving is to keep it in a bank that will give you return on your savings in long term or invest it in an asset that has a stable price chart and great future output. Keeping the money at home that you do not consume is not called the saving. This is rather an irrational behavior that makes you loss the money that can be earned if put in a bank. |
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Im a US citizen and am still confused with the current crypto tax interpretation. In October of 2017 I traded some litecoin for another crypto. Then in January 2018 the tax bill passed and eliminated the like to like exchanges of crypto.
My interpretation is that since I made the trade before the law changed then I did not create a taxable event. Am I wrong in this interpretation?
Some forces are trying to consider Bitcoin as an asset so that they may be able to get taxes on everything a Bitcoin user buys. Bitcoin is not an asset but a currency which is favorable for transaction of money and a source of investment therefore it is a currency and not an asset. Bitcoin user should not pay tax on Bitcoins because this is your own money and not an asset. Tax is not a bad thing and all the money a government has in the account is actually the tax money that it uses for the defense and development of the infrastructure of the country. If government intervenes in the crypto and implements regulations in the use of Bitcoin technology, it can very soon implement a taxation law as well and all the people who earn from the technology should pay the income tax which I would never like. |
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It depends on the capability of each country's government to create their cryptocurrency, to utilize it and manages it well, because its not easy to adapt new system and learn new technology but I guess as the time goes by they will be able to establish it and if government can create this kind and people will somehow accept and become part of their daily life
not impossible later each country will have digital currency. of course the price will not change change and still under their supervision. maybe if the development of btc will be good discourse like this will be more and more in talking and realized. but not in the near future Well I do not think so and even if a government can, it will not be decentralized and can only be used by the people of that country and not by anyone else. Besides, the fact that the currency will not be decentralized will make it less prone to attract investments and there will be a big instability in the prices of the currency. How ever America, China and The powerful governments can do so and the crypto currency will also work because of the monetary power these countries have. |
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I dont have a clear understanding about is bitcoin able to fight the world economy and should it? so I will wait and see
Bitcoin and world economy are closely related so bitcoin has the ability to change the economic system of a country as well as the economic condition in terms of employability and investment. Also the technology has had a great feature that it is wisely accepted and used as medium of exchange which means that it can reduce the use of cash. Besides, it can also affect the fiscal policy toll of the government. |
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n investing, you always need to allocate risks. The available capital for which you want cryptocurrencies should be distributed between bitcoin, Ethereum and other cryptocurrencies. Bitcoin and Ethereum are unambiguously market leaders.
therefore investing in both coins will never be disappointed with the results we will get, because both of them are investments that make our money quickly multiply and make us get rich fast too We have to analyze things before doing trading/investing or holding, what would be better for us, sometimes although we have money to invest at if we do have lack of knowledge and to do something and that we are just doing it because some people are earning in that area is not a good thing. Right. This is something anyone should always consider before investing anyway ? No matter what is even at hand, it is usually better to split and diversify into other coins and having these two in one’s portfolio is simply like the best move to ever make. They will both be growing pretty strong in the long run and I believe those who are likely having them in their folio will be enjoying those moments. Therefore, I see the two of them as the best option. The modern world’s market is now shifted into crypto market and all the transactions and investments are taking place through cryptocurrencies that are the most benefited and profitable currencies called crypto coins. The better crypto coin is the Bitcoin which is the most profitable coin is the crypto market and has the highest demand which is collectively called as valuable coin. |
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Before MTGOX nightmare ends i prefer to wait.Every whale looking to mtgox wallets and try to spot dumping time.
Also these dumps are good buying opportunities for them too.
Prediction about the value of Bitcoin is not precise and valid while few predictions hit the point and other bounces back. We can only analyze the future market which will give us the path to calculate the estimated value of Bitcoin. The estimated value of Bitcoin is precise and accurate but the actual market result is quite different as external conditions are changing constantly. |
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I think bitcoin is still down because it is being influenced by big corporations like google, facebook. The number of bitcoins is selling well but few buyers make the bitcoin price drop. The fact that countries are restraining the development of bitcoin also causes a decrease in bitcoin prices.
There are big drops and there is a big jump. No one can predict them properly. No one knows the real reason, but that's the nature of the crypto market, no one can predict the rise or fall of a crypto currency Just like the normal scenario and since we cannot control the over all price of bitcoin, it will just go dumping and pumping all over again, and that is just normal, we don't need to over think what is happening since we will just lead to panic mode. Yeah correction in the price again and again, but I think that fall and rise is part of business and bitcoin till date is only for making more and more money and not for usage, although it is worldwide usable currency. Investment in bitcoin needs courage because one must have the courage to bear the lose if the price falls. Don’t be panic and cool if you are really an investor. Bitcoin price is dropping a little from 8k dollar and now the current price is 7.4k dollar which is a favorable market for people in order to invest in this low market as the price will soon jump and the market will favor for sellers that will result in huge profit. The more you invest for long term the more you will get the profit and vice versa. Now invest in this favorable market and get it. |
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Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.  Source: ( https://coinmarketcap.com/charts/#dominance-percentage) Any ideas about why this is happening? I dont think Bitcoin ever lose its dominance. Even though a lot of alts are rising Bitcoin will still the foundation of them. Bitcoin never lose its dominance in reality it's just that these new alts caught the attention of the people in the start but only few of them maintain their greatness unlike Bitcoin. Bitcoin is the most powerful of all cryptos. Bitcoin has been dominated and is dominating from its vary beginning and there is no another currency that can compete with Bitcoin. The reason of the popularity and reputation of Bitcoin is due to its features and functions and there is no another currency that has features and functions like the Bitcoin that is why Bitcoin is the choice of people and has dominancy over the market. |
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It seems like a good thing to campaign for bitcoin. If we promote bitcoin to people, then more and more people believe and are interested in bitcoin. It can increase the development as well as bitcoin prices. As we expand, we promote a good thing about bitcoin, it can make an even greater effect like making many countries accept bitcoin.
Me personally I already have done it. Promoting bitcoin to my friends and teach them how to do it and how to earn from it. I also told them the negative and positive side of bitcoin and cryptocurrency. I don’t mind if they believe or want to join or not in bitcoin at least I tried to give them some ideas. Promotion of bitcoin is very necessary for the future of bitcoin and its market as more people will attract towards the market and its demand will increase rapidly if promotions are taking place in many countries. Without promotions Bitcoin will run slowly and the progress will not be a maximum progress that will result in the slow growth of Bitcoin therefore promotions are needed. |
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Our country is a prosperous country and consists of thousands of islands that converge into a country. Lots of natural wealth here. and the government is able to organize and direct its people to cultivate all that, so the economy in our country from year to year continues to increase.
The economy of my country is suffering and the results are not good because our currency is not valuable and all the policies of country are not going well. We need cryptocurrency at this stage in order to boost up our economy like the other countries boosted up their economies. The output of Bitcoin is more than every other profit source and this is the reason for the adoption. |
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I honestly do not believe in predictions and speculations of any kind.
It is cryptocurrency. Volatile. Hard to predict. Not to mention that the value depends on the users itself and the concept of demand-supply, you cannot really expect them to do what you expect them to. They can always sell their coins for panic and contribute to the dump dropping the price or hold them off; always and ever their decision.
But it has a great potential and its popularity is increasing, it is given that its value will soar. It is up to people to be patient and correctly manage their crypto funds on themselves.
We can not predict about the Bitcoin and most of the predictions have been failed while predicting the future market of Bitcoin value. Estimation is possible and we can estimate the value of Bitcoin from its average price increase annually that is most accurate and precise about its graphing and proportions. The annual estimations are positive as usual and estimating a better market. |
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