Losing is part of investing and investing has part of losing so there's nobody can differ from this. But losing Most of money maybe for me its a deliberately and inconsiderate because you were not doing enough method to regain the losses Trading the crypto is at risk of losses. Failure and loss will make you develop better, so trading is not an easy task, it takes a lot of time to understand and learn basic trading principles.
But were not talking just trading here,theres an instance that holding is involved too if you choose wrong coin to hold If you lose much money on either trading or investing then something is really wrong. Yes there is no guaranteed profit in this kind of market but if you are knowledgeable enough about investing and trading profit must come to you. People usually give up easily when they incur some loses, I advice not to do that and just keep on learning. Invest and trade at your own risk and don't depend to anyone. I disagree with this, sometimes losses are going to come to you and it will not be your fault, just look at the previous crash if you are a long term holder then that means you are not going to sell until your target price was reached or after a set period of time, so a long term holder lost money when the price went down but it is not his fault that the market moved in such a negative way and since this was out of his control then this was not his fault. |
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Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
No I will never invest in a cryptocurrency created by a government the reason of the creation of bitcoin was to create a payment system independent from government control, besides such a currency will have probably 3 failures points, first everything will be recorded by the government, second they will print as much currency as they want and finally you will not really control your coins anymore. |
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Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
Yes the price of altcoins is indirectly based on the price of bitcoin, what it happens is that even right now the market dominance of bitcoin is huge and many think the market dominance is keep artificially low which means the dominance should be a lot higher so when bitcoin moves it moves all the market along with it whether you like it or not. |
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As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
Cryptocurrencies are not going to take over the market governments will never allow it but it does not matter the only thing we need is for cryptocurrencies to be accepted in most business around the world, that is it, if that happens then you will be capable to travel all over the world with only bitcoin in your pocket and this is important because the risk of theft is lower if you compare it to cash. |
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You give very good information, it is up to each person to decide in which kind of bounty they will like to participate for example I'm not really active in social media sites so it is obvious that I will never participate in a campaign like that, but there are many bounties that pay very well for translations if you know at least two languages and like always you can participate in signature campaigns and earn some tokens that way.
Yeah, translation is also good, but you need great experience its not so easy like to post or repost everyday in social media. But i think translation is most profitable campaign! It is true that you need experience for translations campaigns and if the languages you know are very common then there is going to be a lot of competition but with so many icos appearing everyday it can be very profitable especially if you are able to get in some really good bounty campaigns, so if you do no have the experience go and get it. |
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If you put your savings to investment, then you surely see the difference, Previously a had small amount of saving in my pocket and I invest it in crypto's about 1 week pass, I see how crypto's work in my savings and I'm glad i earned good amount after bloody market strikes,  There is not much of a point to have money laying around and not doing anything with it, the point of savings is to do something with them and if you do not do it you are wasting that money in a way since you are not taking the opportunity that you could take with that money, so except for emergency savings all your savings should be eventually invested in something productive. |
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hello guys, i found bountyhive this day and i found out that i need to login my facebook account or twitter account inside the website in able for them to count my stakes. Does anyone using bountyhive here ? what are your thoughts ? is it safe ?
Do not worry bountyhive is completely safe when it comes to giving them your details like that the only problem is there are many bounty hunters in those campaigns and the profits you will get out of those bounties are going to be very low, so if I were you I will try to find bounties on my own that have less competition and than can give to you better profits. |
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The community behind a coin will help in telling you what kind of future that a coin has. If there is a strong community of investors that are very loyal to the project then you should be rest assured that the project is here to stay and will also do well in the market. Community is the most important part of a coin, they are what decide what will happen to a coin in the long run.
Yes the community behind a coin is critical many people do not take that into consideration when they are investing but it is very important, there are many that only invest in a coin to earn some profits and as such they have no interest in becoming part of the community but there will be many that actually believe in the project and will do anything to see the project becoming successful. |
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Although China has banned cryptocurrency, the Chinese are very interested in investing in bitcoin. China's dictatorship does not affect people's enthusiasm for bitcoin.
I believe bitcoin has a bright future.
It is obvious that Chinese investors will not let go of the opportunity to earn so much money just because their government created stronger regulations, every time there is a way to make a lot of money people will find a way to bend the rules a little bit, I have no doubt that they probably have moved their activities to other exchanges outside of their native country. |
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Could someone explain why Dogecoin would be a good investment?
There's not really any valid reason for it to exist, is there? I'd like to hear why.
In the future, it's hard to imagine there being 100 similar versions of every crypto and all being valued highly.
Why would Doge win the race?
Dogecoin wont win anything, at first dogecoin began as nothing more than a meme coin, but then it enjoyed some success but since then better and more advanced cryptocurrencies have appeared and have surpassed dogecoin, as I said dogecoin is good if you want to send a payment and that gets an almost immediate confirmation but the problem is that no one accepts dogecoin. |
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Bitcoin is not the biggest bubble of all time, but we cannot deny that the price at the end of the year was a huge bubble but now we suffered a crash and the price that we are currently seeing is in my opinion close to being fair, I really think the price should be a little higher but I cannot really complain even at the current prices I am still in profit.
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Plenty of friends that have gotten into crypto recently went with ripple as one of their first coins, at least a few of them due to not understanding that the high supply is the reason the price is so low. I think we'll see it more and more in the next bull run.
This is a basic newbie mistake, newbies instead of concentrating in the market cap concentrate themselves on the price of the coin they see the price of bitcoin and the price of ripple and they think that ripple is going to grow many times over in the next weeks or months because it has a low price but obviously that doesn't happen because Ripple has a huge supply of coins. |
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Anyone calling the bottom? I can see this hitting 6500-7000 before reversing back to 9-10k, at this point I'm not sure if selling and re-buying on the following dip is best or if this will rally well past 10k. getting antsy but being patient and adding on where I can.
The price that you are predicting seems to be too low to me, I really do not think that this is going to be a big decrease in the price, so I really do not see any point of trying to make some move to try to take advantage of this, just hold and after a few days or weeks everything will go back to normal, do not risk earning a few dollars but risk the possibility of losing the chance of earning a lot of money in the long term. |
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Hi, let's say I have an alt coin which is traded against ETH. I want to go to sleep and don't want to be caught out with a drastic price drop. If I want to sell the coin at say 10c, how can I do this as I need to set my stop loss against the price of ETH....but what if ETH changes price overnight too
You're not understanding this correctly, if you buy an altcoin with ethereum the price that you should care about is the price of ethereum not the price of fiat, if you buy some coins for 1 ethereum and then you sell for 1.1 ethereum then you won your trade, in fact you got a very nice profit of 10%, it does not matter if the price of ethereum against fiat went down. But if ETH was $100 and if if I have 1.1 ETH worth $110 which halves in value, I still have 1.1 ETH but it's now worth $55........so I lost some profit I will say it again, you should care only about the price of ethereum, it is true that the price of ethereum can change after all it is a cryptocurrency like any other, however if you were to invest in a company and you used dollars you will care about the amount of dollars that you invested, if you invest in an ico and you invest ethereum the only parameter of whether your investment is doing well or not should be the amount of ethereum that you earn. |
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I think that this definitely should not be ICO in fact personally I haven’t any profit from investing in ICO and I do not think I'm the only one like that ..
Obtaining profits from an ico is completely possible, what it happens is that is very difficult to obtain profits if you do not know what you are doing, you must remember that there are many icos that are scams and there are many icos that even if they are created by honest developers it is possible for them to fail simply because there is no interest from the market on developing that idea. |
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You live and you learn, a lot of people here have lost money or have seen people lose money to scammers one way or another.
Exactly, Don't trust easily. If you think it's a scam, don't respond, scammed will use a personal touch to play on your emotions to get what they want. If scams were not that numerous then people will not cry scam as soon as they can, but there are a huge amount of scams and so people are very suspicious about almost everything, and if something seems too good to be true, and most likely it will be, then people are going to say that it's a scam, when we have a currency that once that it's sent it cannot be recovered then people will be very mistrustful. |
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My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.
In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.
So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.
The market share of bitcoin has been reduced in an artificial way, there are many forks and some of them very big like bitcoin gold that has reduced the dominance in the market of cryptocurrencies, but also there are many new coins that appear and then disappear after a while that also reduce the dominance of bitcoin in the market, if the bubble really collapses all of the weak coins are going to disappear not the strongest coin in the market. |
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Are there a lot of hackers now in the crypto's world ? I mean, it a place not totally safe, because of it's quit new. Do you think hackers can change the crypto economy for their own benefit ?
Hackers are everywhere if you think that they are only targeting cryptocurrency users you are mistaken, they are trying to get anything that they can out of you, they may try to get credit card information out of you so they can sell it or they can benefit themselves from it, or they can even steal your personal information and sell that as well, a hacker is going to try to get everything of value of you and if that means stealing cryptocurrencies then they are going to do it. |
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I think this is the capability of cryptocurrency that should be anticipated by the government, the government must do something for the paper currency that we are using is not lost because of the cryptocurrency, I hope the policy to be issued gives us a good impact, especially for the cryptocurrency and currency that we are using...
Governments are going to do everything to avoid the disappearance of their currencies, but they are realizing that they may not have a choice, they may decide to ban bitcoin and they may even decide to prosecute people that use bitcoin, but if the situation in their countries is so bad people are going to take the risk and as a consequence their currency could disappear. |
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How Friends I Want Start A Small Business With Bitcoin With Daily Or Weekly Payment Any Idea From Where To Start Will Be Thankful.
If you do not have an idea what you want to create and the type of business that you want to administer then you're not ready to create a business you are not even ready to invest in cryptocurrencies forget about it, you're still very new to this market take your time and learn the most that you can before you make any kind of investment because if you do it before you're ready you are going to lose the money. |
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