Bitcoin price now is dropping. This is the perfect time for you to buy. Buy now while you have the money. Money will fly in other days. While bitcoin is decreasing grab the opportunity.
You need to carefully analyze the future potential of Bitcoin before investing your hard earned money in to it. There are mainly two things which bother me right now. The first thing is that the scaling issues with BTC hasn't been resolved yet. The worst part about it is that the core developers are not showing any interest in resolving it as well. And the second issue is the declining market dominance of BTC. Right now it is around 34%. I'm telling same thing to all my friends whom are considering to buy bitcoin at the moment. As you see the price graph you see big indecision, that means there is a huge fight between bears and bulls. We wouldn't like to stay between their war. I'll personally wait and observe to see what to do. |
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Any predictionist that predict bitcoin will bullish run up to 20k$ this year ? Year 2017 bitcoin hits 20k$ but dramatically down at 11k$ ! Looking for advice if it is good to invest in bitcoin or nahh ?
Your suggestion is highly appreciated !
Thank you !!
If you want to invest in bitcoin - invest now. Now a good price to buy many coins for the long term. I am sure about that. 9000 - 10,000 dollars is a good price for today. Already bitcoin was 20 000, we see what to aim for, this is + 100%, bitcoin always updates the highs. Bitcoin will grow for the following reasons: the volume of trades has increased (the number of altcoins has increased), the number of miners has increased, more people are familiar with bitcoins, many have created a hedge fund and more. At the moment there is no any clear indication that I can see in the market. All the indicators suggest that there is indecision at the moment. That literally means that if you have some bitcoin already keep it, and if you were planning to buy some just wait bit more to see where the market want to go. |
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Media is against bitcoin because this way they think they attract more popularity and more views. It's their loss. People who get informed from sure sources they have nothing to lose but to win
It's part of journalism, raising ratings and so on, but sometimes it does not meet the actual journalistic norms. The content of the writing is sometimes not based on the results of deep obeservasi, so impressed counter to cryptocurrency when raising the negative issue. But there are many more neutral media, providing news and information better and informative. I believe it has deeper part, not just ordinary journalism. First of all I don't think all the media is against blockchains. As far as I observe there are some of them supporting and some of them is against. It depends on who owns that media and is he bitcoin holder or not. |
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Banks in my country have not received BTC as far I know there is any news in Japan that has received BTC from local banks at there,if true it might be good news for banks my country in order to trigger a positive thing for local CEOs.
I also never heard any bank that accepts bitcoin. Actually expecting that can happen is not logical. The reason is that banks are based on centralisation which blockchain is totally opposite philosophy, so I cannot imagine that would happen. |
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As long as you can't buy your living and pay your bills with it, it is not advisable to keep all your money in Bitcoins. If one day in the future that will be possible, it means that the price will be more stable and it will be accepted by authorities and of course by the people.
Until the day that the volatility of the price is a past, fiat should be your main saving and cryptos a small percentage of it.
Yes, you must not convert all the money you got in to bitcoin as long as it is still very volatile. As you know, being volatile means that the value of bitcoin may be high but also be very low in an instant. So, if you convert all of your money in to bitcoin you can never be sure that it will have the same value before the conversion. This also means that you're putting yourself in a very risky situation. What I would recommend is to only convert your money in to bitcoin if you're going to use it for online transactions. If not, you must then keep your money in a stable currency. True. That would be the terrible mistake to put all your money into bitcoin or any other crypto currency. it is the number 1 rule in trading / investing, if you really wanna make money you should not put all your eggs into one basket. |
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Bitcoin developed so much more since I first started with it. I didn't have bad experiences. I started with the thought that bitcoin is a long term investment and I didn't get sentimental when the prices dropped
Me too, I didn't have any bad experience with Bitcoin; to be honest, it affects my life positively. It gave me a lot of opportunity to earn and save money for my study. Thus, my experiences are all good and I'm thankful about it. I'm also very thankful that I have started to trade crypto currencies. I was trading forex before I start cryptos and it was not really good. I'm using all the knowledge regarding technical analysis here in crypto currency market and it works very well. |
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for this coin investment I plan for short-term but regular investment because the results are quickly enjoyed
Indeed, short-term investment will offer less time on earning profits with the coins you are holding. I'm holding Oyster Protocol PRL and the price is very volatile and this kind of volatile coins are million circulation supply. Thus, I could use this PRL for trading to have a chance to earn more than long-term coins or Billion supply coins. Both short term and long term has its own advantages and disadvantages. Actually you don't need to choose between two. I divided my portfolio to half. I'm doing long term investment with the first half (it means no touch whatever happens in the market) and second half I do day trading. Very sophisticated strategy, I liked that! You are right, why to choose one of them by knowing that both has different advantages. I'm more like long term investor but I also do swing trading which means a lot of sell-buy and buy-sell during the day. |
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Bitcoin is always a much more stable option to invest, but it would still be better to diversify your investment into different altcoins to reduce the risk of losing all of your money if bitcoin price happens to drop to a new low record which are highly impossible, but it is better to be safe than sorry.
Good advice. We can make it even better. I divide my portfolio into small pieces to minimize risk. Some part of it bitcoin, another part is ethereum and res is divided to different alts. in case some of them survive, then I still have some money. |
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the airdrop for me its super profitable to gained money, even its all free but you need also to support them, what i mean is if you buy some token or coin for better,. i know they dont yet if they success the project i just suggest its get to support them, even its small money you spend in that project but soon your spend money to his project your profit make 3x income.
Yes, Airdrop is beneficial but the benefits are very slow because it is a preliminary project, you have to be patient and hold longer to get maximum profit. I'm not sure about it. I have participated to a lot of airdrops and I never sold any of it. I just holded long term and almost none of them is alive. I know it is also little bit about luck but I lost my faith in airdrops anymore. I like bounties more. |
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I am joining the twitter and facebook campaigns. I'll be happy to contribute for you guys. good luck to the project.
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Hello bounty manager,
I have just applied for signature campaign. my membership level is "Full Member"
Which day is the end of the week for the campaign?
and when is the finishing date for bounty?
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