i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
Trust can be build not in a couple of days or weeks. When a new coin started to bloom, i will also start my trading, i will just try at first if it will work well and if it does, i will eventually put or invest again. we know that a lot of the coins are scam and just introduce to make money or to obtain money from the traders there. my first priority that i look in a new coin is its team members. If they have related experience in this field imo they will be able to handle project. i think it really matters i think an exprience team can handle the project better than a new team like "redpulse ico". we know that there is the whole team of neo behind this so, it look relaible to put money. |
|
|
|
Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
This is a percentage for everyone, there is no universal recipe, if I tell you this is 20%, then what. You will think and say so much, I do not have enough for other things. I will say 5%, a little, extra money will be. Count and decide for yourself. i think it is really a risky thing to do to put all your earning or income into it and hoping for it to rise. As you said by your self that its really a risky and dangerous thing to do.We should always set-aside on savings and prioritize insurances and common needs on our daily living.10% allocation would really be already enough i guess or its still big for me and also this is only the amount i can able to risk. i think it better to put a 20% or 30% into it and save rest of your income for hard time. |
|
|
|
if anyone tell you trading is easy he is lying, trading is challenging as hell. it takes skill and training and is not for everyone. as for the coin to invest in I would suggest a somewhat popular coin, do some research on the coin history and mission, the dev team's reputation, past performance, and plans for the future. Good luck
I don't think so, and i don't know the logic behind this to say it challenging as hell. i think trading is just fun if you enjoy doing it. if you just take it to earn money or to be millionaere in no time then i think you are true that it will fuck you up like hell. i think according to my experience it is just fun and enjoyable to me. i like to see chart of the altcoin day by day and it is really interesting to me. i enjoy the up and rise of the coin and predict their future by seeing their previous performance. |
|
|
|
Looks like monero has been dropping a lot in the last week, i dont know the real reason of it, but it is weird to see it dropping a lot because this is one of the most strong altcoins that are on the market right now.
it is so weird.. What do you think guys? will it recover soon or not? it is $86 atm, and it touched $80 on today's morning, i dont know what to expect from monero, i thought it was going to reach $200.
$91 to $87. That is not something huge. Most other coins lost more because of Bitcoin rally. It is always that way. When Bitcoin stops grow it will suck all altcoins up including Monero. To perform better then other Monero needs to just do its own thing. Exactly the price of the most of the coins depend upon the price of the bitcoin and these coins directly relate it. Even when the price of the bitcoin rise we have seen that the whole altcoin market effects it and we have seen its great impact on the altcoin market and when the price of the bitcoin dump the altcoin market dump like hell either it is ethereum, neo or litecoin which are considered as one of the most safest coin to invest after bitcoin. No doubt monero is a high potential coin and it is keeping its price same or decreasing but the market cap is keeping higher every day. |
|
|
|
Altcoin price is currently very good at buy ,, the current price is very cheap. You can choose one of altcoin and invest your money there.And you will get a profit in the near future, because if altcoin dump will quickly rise again.
I will always prefer bitcoin over all of the altcoin to invest. Bitcoin is the best cryptocurrency according to a CoinGecko website, and the safest crypto I know of, because bitcoin has a great reputation and its acceptance is very wide and if i have to choose altcoin other then it than i will go with the safe coin other than bitcoin like ethereum , dash , neo (very high potential coin) , litecoin. |
|
|
|
Well it depends on what succeeding means.. if Gulden gets accepted by more and more merchants every day i can only think of that we are on the road to somewhere.. Prices will follow when the time is right
We have seen that from very long the price of the gulden is stable and the rise is very low and it is right now almost stable. For me i don't think i will prefer to invest in it where there are a lot of good quality coins. yeah it has rise its amount in the start of 2017 and at that time when this post has done that was the right time for invest but now i don't think it is. |
|
|
|
of course bitcoin is better.. the prices of bitcoin is quickly rise up than the prices of altcoin.. I believe in a few months the prices of bitcoin could rise up more than 100 percent. the purpose of investement is to get a lot profit and bitcoin is a great choice..
Bitcoin is a good investment because of that huge price but altcoins is also good. In my opinion altcoin is good for long term investment, especially a new altcoin that really have a good project in the future, like investing an ICO altcoin. I have a friend that invest on an altcoin and have a big profit. yes we all know that bitcoin is always the best investment no matter what is the situation. i think the price of the bitcoin is going great and will reach more high in 2 to 3 weeks also right now the price is suitable to buy cheep altcoin because the price of the altcoin has not risen to such point that bitcoin has reached. so, I would suggest to buy in the following order: Bitcoin Ethereum Litecoin Neo Dash |
|
|
|
I already sold in the last moths some around 3k and 4,5k and now just freerolling and try to get more btc through alts.. but alts are now dead  but of course 6k would be nice and would sell some there again.  I think in the case of bitcoin you have to always be patience and hold them some in any condition. The price will surely increase more because you can see that even it is on the top now, bitcoin still trying to get even higher price and that can be an attraction to other people to join bitcoin and invest their money which can help for the price to be stable and also pumps the market price. 2018 will be the best for bitcoin and we have to trust on our investment. |
|
|
|
If you cant read orderbook dont waste your time and money withtrading.Just do whatever you know good and experience related subjects.
It is good to learn it on your own skin but, i suppose it is better if you learn from the mistakes of others. This way you don't reinvent the wheel. welcome among us and good luck in market trade. Actually practice trading on your own is much better, getting learned on your own is very effectively because you doing it on your own and you really wanted to learned to do it. But of course you also needed some piece of advice of others, their mistakes especially in trading, their experience that reached them most. Seeking knowledge by others experienced could also be very helpful. i think there is no one there to give you practice classes or any thing like this. i think have to do it by yourself and you have to get experience by getting into it.if you are a newbie then i suggest bitcoin, eth and litecoin because they are promising coins. You must research of that kind of coin you want to enter into trading if you are already have full knowledge of that certain coin then you start invest in a small capital so that if the trading is good you slowly put up your capital but if trading is bad you try another coins. |
|
|
|
Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?
of course it will panic and imagine how many losses will be, I also have experienced such panic and regret then because the price goes up again but now I've learned that panic is not good, better to hold and wait for the price to go back i don't think that we have to do something in the case of panic. i think it is the part of the game and in the case of specifically bitcoin i think whether people like it or that they or we don't have a choice of its price and we can't even deny the fact that bitcoin keeps on increasing no matter how we deal with other sellers. the little up and down are the part of the game and you don't have to be in hurry to buy or sell. take your time take decission. |
|
|
|
Yes trading is unpredictable and no one can be correct 100% all the time but with experience and proper knowledge you can at least improve your winning trades average. If you have a loss in that trade it does not mean that you are a loser, Just imagine that trading is like a business and all business have expenses to have their profit. Losing trade are your expenses. Also educating your self first on what trading is and how it's done is the most beneficial thing before you start trading.
Trading is not easy and we all know that the crypto market is all the time fluctuating so it is never easy to predict the future of the coin or at least the next move of the coin. It is little easy to predict long term future of coins but if you are involved in day trading; you will really face problem in doing trading with your coin. As you said, we should always be ready for losses in trading because it is a type of business. Everyone knows it and Trading is really unpredictable you will never know what the price will do to the bitcoin and other altcoins you know lot of people got loss by trading and they blame trading for it. i think depends upon your own approach towards it that how you take it. so pay attention to the price every time you trade and check regularly coinmarketcap (a website to check price of the altcoin) and then take decision either to invest or not. |
|
|
|
Really hard to know will this will happen, trading with teknikal and fundamental analys and just be patient will help so much to get konsisten profit from trading
It is quite impossible to predict the exact date for pumps and dumps; we never know when the whales are going to take any action. You just need to be careful with your coins and patient to enjoy the profit. Always avoid panic selling if you are holding bitcoins because they pump hard after every dump. You are not quite right. Affect the price of coins from the top 100 is very difficult. But making pump of coins from the top 250 is easy, if you are a group of traders and you have 30-50 BTC There are closed groups in the telegram that are engaged pump of coins. i think it just on your experience and also gut feeling to know about it. I don't see the market getting stable anytime soon. BTC has been growing way too fast for it to be financially stable. Also, there are way to many people just pumping and waiting for the dump. being a trader i usually visit coinmarket cap 4 to 5 time in a day to check the downfall or rice of altcoin then take my decision to either invest in it or not. |
|
|
|
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
It's just okay, bro. It's one of the common mistakes of trading staters. You are still in the process of dealing with your emotions and the good thing is that there is self-realization that you need to change it. I also experience and I know other traders too. I'm sure that after a year, you already mastered how to control all of your emotions. i think the most beautiful thing in trading is to identify the opportunity where the price has peaked and you sell a bit of the coins to grab some profits and when the market falls again you can grab at lower price. every trader there or anywhere in the world wants to grab the opportunity to make profit and enjoy it. i have sold a bit of btc when price around $4300 and now it is almost $5500 but i always believe in btc and have some of in my wallet either price fall or rise. |
|
|
|
Investors becomes successful in their investment because they researched and study first before investing and they always put 100% of their trust to their investment even though there will be a risk. Positive thinking is also a must if you want to become a good investors and make money from money.
for me the best way to make money with money is by trading altcoin. Well, even though it is something that is not certain, but, when you have mastered it, you certainly can make money with money even if it is not stable and i think being not stable is the main key through which we can make money through it and it provide us many ways to increase our earning. |
|
|
|
As we know that gold and bitcoin it almost has the same characteristics, its prices fluctuates from time to time that is influenced by various things. Certainly on its prices movements it is often getting experience price increases at certain times, and that can guarantee a profit if we holding gold and bitcoin in the long term until it's time to selling it at a high price to make a big profit.
Gold has no comparison with bitcoin and its silly to hold gold if you have bitcoin with altcoins of huge potential. i think gold is much more weeker investment if we see its previous performance as compare to bitcoin. we all know that gold has increased and will be keep on increasing in future but comparing it with bitcoin is foolish. |
|
|
|
It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I also believe that bitcoin will be used in 2022 by everyone but the other part of statement is not correct, as banks can not go out of market, they are the most important tier of the economy of a country. The banks are the issuer of loans to the people of a country and they help the economy to grow they create money without actually increasing the money supply by the money of depositors, so they have a very important role in the market and will be present for a long long time. i think In that five years I am sure that bitcoin will reach to all of those people who will have internet connection but its depend upon them to adopt it or not., while those people may not have access to bitcoin who do not have internet or they will be living in the third world or underdeveloped countries. most of the developing countries also adobting it in huge number the example is india. |
|
|
|
When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
It's simple actually, buy bitcoins when the price going down and sell bitcoins when the price of bitcoin going up but in reality it's really hard to do that. We don't know when is the right time to do that both. Also you need to up to date about bitcoin news and cryptocurrency news, you can predict what will happen into the bitcoin price, because the bitcoin price is really sensitive about news. we have seen the price just have reached above $5000 and we have seen a few weeks before the price is at $3000 is much lower and at time this was the excellent time to invest then. it depends upon the person who is investing and his or her experience really matters. most the people have invested at that time and now they are enjoying the profit of it like me. |
|
|
|
someone who already knows about the characteristics of bitcoin, would definitely not doubt to invest his money in bitcoin. but for some people, investing in bitcoin may be quite risky, since its value is fluctuating.
This only for beginners can be risky because they do not understand that you need to invest all funds in different cells and not worry about the temporary drop in prices. exactly it will be very risky for them who knows nothing about bitcoin or crypto and you have to start it with low investment just to take experience from it. when the price of bitcoin isn't rising and it keeps on falling that's the best time to invest. You know about trading, you should buy when the price is at dip and you can sell when the price increase. Saving your money in the bank only gives you security although bank should be giving you some profit in return but the margin of profit if you compare between bitcoin and bank is too high and you can see its previous performance as well. |
|
|
|
If any country's fiat currency is going to crash,then USD would be the first to get crashed.If it gets crashed,then it would create a great negative impact on the world economy since USD has been the global reserve currency.If it happens,then people would have no other better choice than switching to bitcoins which is free from deflation as its supply is limited.Even though,gold has been saved for centuries,it would only be the second choice due to the growing popularity of bitcoins.
For me i think not because we really need real money.And if that happen it would be a big problem in our economy.Digital currency is becoming popular nowadays but i dont think that fiat would be crashed due to this digital currency.There where many speculations but thats not going to happen. I don't think it will ever possible or will be in the future. we know fiat is the biggest need of the world right now and we don't imagine any of the country or the life without fiat or digital currency. even if crypto will ever flourish and known by all over the world even then you don't compare it to fiat because most of the thing we could even imagine without fiat. |
|
|
|
Soon or later, a country should regulate bitcoin an exchanges due to trading volume getting bigger as time goes on. As long as government doesn't ban bitcoin and people could trade in exchnges, even though it was stated as illegal, not to be used as medium of payment, it doesn't matter. Actually, Chinese people still have 2 biggest exchanges to trade cryptocurrency until the end of October, so the cat still in the bag. This is one of the oldest strategies of governments as long as a business remain small then they are not going to bother with you but once the business gets big enough then governments are going to begin to hit you with all kinds of taxes to try to get what they think it belongs to them. Exactly china is the biggest market of the bitcoin and crypto currency right now and i think before 2 to 3 years they are just watching from outside and keeping it to flourish and not going to bother anyone who was into it at that time but now as it is established now they are taking steps to resolve the spam exchanges and as we seen their step against the ico's but somehow it is also good step for the development of crypto currency and bitcoin. |
|
|
|
|
Show Posts
