hi!
i am using BTC from almost 2 years and now i want to invest in other cryptocurrencies i just want to know is it profitable to invest in ETH and LTC because these are the fastest growing currencies after BTC,just need your suggestion about it.
Diversification is always a good move and ETH would be a good choice and i would like to replace LTC with XMR. I would rather choose up monero than on litecoin.If you do saw the volume of trading on monero on daily basis you would really able to see on how this coin do have potential to rise its price on upcoming years to come. I agree, i just saw the rising of the XMR in the market and i think you can really earn if you invest on this coin. Not only that which XMR is already being used on Darknet for how many years as of now just like on what Bitcoin did which means there would really be a demand into this coin.I do really love one of the features of this coins which is it total anonymity which can able to surpass on bitcoin too.This is why this is one of my investment because i do believe on the potential of this coin. |
|
|
|
What ? 1 satoshi price is $1 is very impossible to happen in real life because if that the price of bitcoin its 100 million dollars and that very unreality price of a coin. Maybe the price of bitcoin after few years is 100k dollars even that the chances to happen is less only . Because for me the highest price of bitcoin is 50k dollars and its good for me to see that price to earn more profit in the future.
It is really unrealistic assumption or prediction on bitcoins price because it is really too much to consider and thinking off that 1 bitcoin holders or even 0.01 bitcoin holders would be considered as millionaires,right? Sounds good but this thing would only happen in our dreams but not on the physical world.We wont really reach up on this kind of situation and aim sure on that 10000000%. |
|
|
|
hi!
i am using BTC from almost 2 years and now i want to invest in other cryptocurrencies i just want to know is it profitable to invest in ETH and LTC because these are the fastest growing currencies after BTC,just need your suggestion about it.
Diversification is always a good move and ETH would be a good choice and i would like to replace LTC with XMR. I would rather choose up monero than on litecoin.If you do saw the volume of trading on monero on daily basis you would really able to see on how this coin do have potential to rise its price on upcoming years to come. |
|
|
|
There are no official word from Amazon that they are accepting crypto as mode of payment. There was also a petition to accept bitcoin and litecoin as well. https://www.change.org/p/jeff-bezos-amazon-com-should-accept-bitcoin-and-litecoin-cryptocurrency-as-payment-methods-asapNo need to be excited here. This is just a petition. And we even don't know if Jeff really read those. But I have to agree that if ever they have decided to accept crypto, it will be a big boost for them as well as the ecosystem. Amazon is the #1 and the world's largest online retailer and accepting crypto will be a like close to widespread bitcoin adoption that we are all been waiting for. I couldn’t agree more. At the emd of the day, petitions will remain as petitions unless it is approved. And I don’t think amazon is ready to jump into cryptos at this time. But maybe after a few more years or months. Although it would be really awesome, i prefer to not be excited about this too much amd expect. Thats why its been called as petition since it would really need to be approved and they would really remain as petition if they didnt approved as simple as that.It is somehow good to see this kind of petition on pushing DOGEcoin but i dont think that Amazon would decide to jump into crypto and they would decide to adopt it into their service. |
|
|
|
Just as expected they would really do such thing. They cant able to completely close exchanges since they know they can able to make money on that and now they are returning but on a regulated way which is somehow a good step by them.It will surely affect crpyto currency prices on this one.Thanks for the link by the way. |
|
|
|
in your country income from bitcoin taxed? state the country
In my country Bitcoin is barely known by people. Also in governments laws Bitcoin does not exist, so how can I pay tax for something that they never heard about? Even if I would want to pay taxes from my profit made with bitcoin how am I going to proof where I sold my bitcoins and how much is the profit? I need a receipe for that but maybe I am doing exchange with a person, not a company. Bitcoin is not yet know by governments, so paying taxes now for bitcoin is a donation from my opinion You are responsible to keep track records about your activity with bitcoin. What and Where you buy/sell etc. And don't say to your Taxes offices you didn't know because you are supposed to know and it's not an excuse. Also, any income if supposed to reported into your taxes report, so no matter if it is with bitcoin or not, you are supposed to report any income. This, even if bitcoin is still not on the tax code, we are responsible to keep track of our transactions and earnings, now if a person earned 100 dollars in a year then no one is going to go to jail for not reporting that but when we are talking about a lot of money then you could be risking jail if you do not do it. This thing would really depend on peoples preference or minding on its responsibility or obligation for his country.If bitcoin isnt still consider on your county then i would say those tax that you would intentionally to give would really be served as donation since you wont get any preference on where those money came from.It dont think that this would be legal or they would consider to put it on your source of income. |
|
|
|
eBTC the next x1000
Just take the profit and get out of it. This is just another spam Coin to make some profit out of nothing. Was gonna say the same thing, it's a bag of air you're buying Why so sure? I cant see anything wrong on that new coin but somehow i can feel the hype been putted into it which it rose up its price for a short period of time. Lucky for those people who do gain on airdrop since they can able to make ez free money when the price tends to go up.I didnt actually see whats the special thing about this coin but lets give it a chance on what he can potentially do in the market. |
|
|
|
It happens once in a while as the concept of using cryptocurrencies is still in its infancy. But I think it will happen less and less as it gets more mainstream and accepted by society at large.
it is really helpful for the traders who are looking for the short term profit. at the time of this type of panic people who are regular trader buy at low price and sold when the panic solve. it has also a drawback for short term traders who have invested in it before panic but for long term it doesn't really matters. Swing trading might be for the people who understand how the market works most of them are just waiting for the whale movement and grab that opportunity to ride with it, there's still a lots of newbie who doesn't understand the hyped and corrections they needed keep studying the flow so they won't hurt their pockets. There are really different kind of traders and different kind of ways on how to execute trades this thing would really vary into their skills and knowledge and since you do mention about swing trades then for sure it is really a hard one.You would most actively see moving prices on constant basis reading up news or updates on a certain coin so that you would able to ride the price flow depending on what direction. |
|
|
|
I was around a good time ago and traded at this point, I used to know Poloniex and would trade on it religiously. I don't really know what are the biggest exchanges at the moment and the most trusted ones, I've heard there are some problems that people have voiced with Poloniex and some other exchanges.
Anyone want to share the ones they use with feedback that they have with it?
Thanks
Actually there are lots of big exchanges to be chosen from but regardless on the popularity on this forum poloniex is commonly been hear. Bittrex is also a good exchange too which lots of traders are considering it and issues cant really be avoided on those big businesses if you tried out to search for recent issues for sure you would find many as of now specially on polo. |
|
|
|
hi everyone,
I want to invest btc in some site.But i don't have enough knowledge and some site are scammer.Could anybody tell me some trusted site from where i invest btc
and get some profit.
regards,
Zrs
There are lots of investment sites.Either investing on gambling house, trading,lending business or just simply keep holding into those bitcoin you do have.Its not surprising that there are lots of scammers on this online world and suggesting a trusted btc invest site wont be easy because all of those things i do mentioned have to have the risk on losing up money.This is why we should accept the risk on having investments. |
|
|
|
You are smart but you do not have a good strategy you will fail. If you have a strategy but you are not smart to apply it still you will fail.
Smart is not enough. You should also have the expertise to manage your strategy as well.
Balance is a good thing, even if you are not very smart.
I agree on this I once think that I'm smart enough to teach other people what this or that but after teaching them what I know, they eventually adapted and surpassed me with all their strategies and earned more than what I earned. So yeah, strategy is better than knowledge and sharing isn't always good. Its not actually bad to share.Arent you happy on those people who you helped would have a good decent income? Anxiety would really be there but we should be happy that we did able to changed their lives because of the knowledge we do share from them atleast they wont forget you on the thing that you teached them.Smart person is always ahead because later on you would able to be strategic since you do know what you are doing as being smart. |
|
|
|
It is interesting that when the price is low people blame Whales for the low price, trading is an art and science and this are in phases and those that have study and understand this will always come out making profit. We all know most people are very impatient when the price is low they can't wait to dump and move to the next thing so they sell out at very low price and who is buying this tokens an intelligent investor called Whales
Some times the whales just try to make a manipulation into the price of token, A lot of people are blaming whale in this case because the only party with very huge amount that can give impact to the market is only the whales. Whales can really manipulate prices since they do have the capability on doing such thing since they do have the money to manipulate prices specially on low supply coins on which this can really be manipulated so easily by them.If you did luckily able to join the rise for sure you will smiling on profits but if you do left behind then it would really be the reason to lose up money. |
|
|
|
Any ideas on how to spot a bitcoin scam?
it's easy to tell the difference between fraud and the real form of investing with Bitcoin. if the site offers a profit of 10-20 fold then it is a fraud as does Multi level marketing or ponzi and such. Their original investment did not offer a big advantage. team and its official website. Most of these scams are.obvious from the beginning. Its just that sometimes, it seems to good an opportunity to let pass. And most scams actually make people earn money at the start just to lure you and others to it We can able to say such thing specially if we are already experts or veterans when it comes on possible scams.It would really be obvious to us but for those newbies out there for sure they would really be easily decieved and lure in to invest.This is why as a newbie we should really need to read up veteran members experiences and opinions regarding on this possible scams so that we wont got victimized easily and lose up precious bitcoins. |
|
|
|
Texas Hold Em"  Keep them Bitcoins.I was reading that 50% of all BC is held by less then 1,000 people. If more and more people hold-on/hoard BC won't that just drive up the price? *China, Japan, ect. What do you think? I dont have much idea regarding on what you are saying here that 50% of btc held by less than 1000 people.Can you give me the link on such information? having a circulation would be rather a good thing rather than on hoarding it but well there are people who would really do such thing because they do believe on price volatility of bitcoin which can potentially give them profits overtime. |
|
|
|
Hi all,
Which one do you prefer?
Thank in advance
When it comes on less hassle things i would go for airdrops since they do require less effort and you would able to gain free coins unlike on bounties which you would really need to work on the things that they do require but still worth it because rates would be good depending on the success of a certain project.Theres always a risk regarding on the price of a coin and all bounty hunters do know such thing.If you do have the time then doing both would maximize your possible earnings. |
|
|
|
When I first got into bitcoin coinbase was the one wallet I found that seemed trusted and reliable. Everything is working out great until about eight months ago I got contacted by them saying they no longer allow US customers and that i needed to withdraw my btc. I did so. My issue is, i have a local friend who has a coinbase account and he has never heard of this or been contacted by coinbase. Was wondering if any americans had the same experience?
Thats quiet odd since you are also a US resident and they do prohibit Americans to use their service?Supposedly that coinbase dont have restrictions on where are those users coming from as long you wont able to violate their tos or limits.Im not an american citizen but i can able to make use of coinbase without any problems but solely for wallet not for making any purchasing transactions. |
|
|
|
Wallet inactive or wallet on maintenance as always been an issue of concern to majority of investors trading at yobit for months without any update as regard their money.
However, as it stand, do you think the investors have any hope of getting back their money as dev are calling their coins on yobit fake or they should look elsewhere for their trading activities and believe God will replenish their loss?
This is actually a common problem with yobit and i dont know why do people do still use up this site.They do have really lots of issues specially on deposit matters. I didnt hear out or any updates on those people who do made transaction which they able to get their coins back.This is why before we do made such transaction we should really search up first for possible recent issues on the site so that we can avoid problems ahead. |
|
|
|
Interesting concept or strategy who will call one or the other. But this dont mean that every time this will work. Being trader/investor have flaws and everything that its with this have risk. But i must admit nice set of rules or guidance you put in single post. Maybe this will help future traders/investors here with some guidelines and rules.
This is indeed a good guide which would really be great tool for those people who tends to jump in on trading or investing field and as being said here not everytime those ways would work since there are circumtances which normally affects situations which would lead up on opposite things that we do expect. |
|
|
|
I don't have any regrets in bitcoin but I am thankful instead. I am thankful in a way that it helps me financially.I am.using my bitcoins in sending money to my family and pay my bills. So no regrets , just thankful.
Since, I'm new to these I don't regret anything yet. But in the near future I think I won't also regret anything. Its good that you dont have any regrets but be careful on this cryptoworld journey because for sure along the way you would encounter some difficulties regarding on decision making specially on making trading.You cant avoid on making such decisions which would somehow make you regret on the end.Specially when you saw a coin rise up and you did able to sell less or too early,on that thing you will surely feel regrets. |
|
|
|
Ethereum is ready for another move up in the next time!  I am very bullish! It's not looking really bullish now but we might see a new rally next months. If Bitcoin sits around over 4k USD, Ethereum should follow and pass 400 USD again. We got still plenty of time to accumulate more coins though. That does not make sense, the fact that bitcoin is trading above 4000 dollars has no relationship with Ethereum at all, ethereum is a completely different project, it may go up or down depending on its specific circumstances, lately a lot of competitors have appeared and some are gaining more notoriety so it is natural that things have been rough for ETH in the last months. They are not correlated to each other the same as you said.There are different factors which do affect it price but seeing on the current price of ETH it is somehow recovering back into those dips back in previous month or weeks as far as i remember.Lowering again on its price is always possible not only to ETH but all of crpyto which exist in the market. |
|
|
|
|
Show Posts
