Thank you for your advice, but I think it is not good time to take part in ICOs, most of the ICOs have not enough value, but so much risky.
It can be worth to invest in icos but you need to be very careful, which is one of the biggest mistakes people make, they do not take the time to make a real effort to see if the ico is legitimate or if it is not, if all the investors took that time I'm pretty sure that we will have a lower number of scams and if that was the case maybe cryptocurrency ads will not have gotten banned by Facebook and Google. |
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Judging by the current situation on the market, it seems to me now better to buy a coin after the ICO. When the coin goes to the exchange, many speculators start selling it and its price becomes much lower than the cost during the ICO. It is possible to buy a coin much cheaper.
It depends from coin to coin but the most important thing to see is the hype, if there is not much of a hype for a coin and no one is talking about it in social media or in this forum then it is safe to assume that coin will go down after it enters the market so it is a good idea to wait until then to buy it but if you see the opposite and you see a lot of enthusiasm for the coin then buy it before the coin hits the market. |
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For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
I personally think bitcoin and the blockchain system will replace the banking system someday, but it takes a very long time for it. because at this time the banking criminals are being aggressively fighting bitcoin and another cryptocurrency so that their banking system is not replaceable. they continue to campaign and make negative issues in various media. It is very doubtful that bitcoin and the blockchain are going to replace the banking system, they are not going to allow it and they are going to do everything in their power to avoid that happening, think about it if you were one of the most powerful persons in the entire world, would you give up your power to a new technology? Or will you fight against it? |
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This is getting very old thing now. Market was dropped, market has dropped and market will surely drop one more time. So what the big deal in this? Just use the drop to buy more and more coins and enjoy the beer on weekends guys. These drops are profit makers as you can buy at real low prices and in the future you can make high sells all the time. Everyone of us knows that crypto currencies rising in price over the period of time so just stick to your goals and make big profits with such drops and rest. I would say there are only few people who understand this strategy but those who really understand this will always bless with profits.  What you say is true but those are the actions of someone that has complete faith and a very deep knowledge about what bitcoin is about, that does not describe your average investor or trader when they see the market is dropping they panic and they think this is it and that the market is finally going to crash and that they are going to lose all their money, of course that never happens and the only ones which lose money are themselves and all of those that panicked like them. |
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do you think positive and negative issues about cryptocurency on the internet will affect the rise and fall of the price of cryptocurency. therefore I have an opinion, what if we make a positive issue about cryptocurency that may make or affect the rise and fall of the market price of cryptocurency and here we are in a very big community, isn't that likely to affect globally ?
and how do you think about it ?, I want to see opinions from your side of perspective
Thank you for your concern
the world of cryptocurrency is strongly influenced by positive news and negative news so that if there is positive news then the crypto price will rise but if there is negative news then the crypto price will go down .. I strongly agree with your opinion, we have to make a positive news on the internet so, then the crypto price will continue to rise .. The news whether good or bad can and will influence the price of bitcoin and other cryptocurrencies that is correct however we cannot create positive news, positive news need to be a real and be supported by facts if not we will be doing the same that those that spread FUD do but in reverse and the problem is that if the news are not true then this could have a negative effect on the price. |
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Now I feel worried about the future of bitcoin and crypto in general because every time there was a price correction I saw most people are not worried about the price and they all had the same opinion about it, they all said to wait and hold your coins or buy new more, but now I see that there are different opinions about it, that makes me really afraid of what happens now.
is it serious guys that it is over or what?
Of course everyone is very worried, because what? we have been down since the beginning of year Its been a very bearish trend and right now we are just above $8K from as high as $20K. So its difficult to answer you, everyone here has its own opinion. Investors are still divided as what will be the price like at the end of the year. But to be honest, I would rather hold my coins and don't do anything. If you sold at this dip just to cut your losses then its a bad idea. I would rather stay for the long haul and not to panic, in my honest opinion. While everyone has their own opinion and it is very unlikely that we are going to agree on many points the truth is there is something that every holder is thinking right now and that is this is a very bad moment to sell, we will lose money if we do that and what we are actually expecting? The price is not going to go that much lower so we will be selling our coins very cheap and we will probably have no other option but to buy those very same coins at a very high price in the future and that is a bad business. |
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Three years ago it was maybe easier for people to hold their bitcoins! Because they could by some and forget it. Now you see everyday fud news from mainstream media. Everybody knows about bitcoin. And if you buyed some one and tell your friends, everyday when you will see them they will aks you about it. So these factors makes it lot harder to hold bitcoin from nowadays for the future. To much fud around who scares the people to hold!
I disagree with this, holding bitcoin has never been easy for example when bitcoin was just beginning there was a big chance that bitcoin could disappear then after this some years later we had the incident with Mt Gox and that crashed the price and now that it seems were finally getting some good adoption we got another huge crash if you look at the charts of bitcoin you will see a bunch of crashes way bigger than the current one, so holding has always been hard. |
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I realize that traders are the most popular, even though it accounts for the bulk of the forms to earn bitcoin and other crypto. Of course, success or failure in business is due to the attitude of each person. High or low profitable traders depend on many important factors such as the ability to analyze charts, explore trends and potential in the market. Sometimes it is fortunate that the choices increase at the right time.
Most especially in their attitude to learn. A lot of people are always fond of looking for shortcuts in everything they do which is the reason why they do not last. However, someone who is smart to learn and look forward to doing whatever they are doing well will not mind going to any length to get all the knowledge they will need to always do things right and that actually makes us all different from each other in terms of being successful. Those that are looking for shortcuts are most of the time those that do not really have the patience and the discipline to become good traders and in most cases all of those promised shortcuts are nothing but scams or things that simply do not work, there is no substitute for hard work and diligence and people need to understand that if they are serious about making money in this market. |
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Just trade the altcoins who are doing ups and downs every week. Do not ever buy all or sell or.
All coins are moving up and down every week that means can buy any coin? It is not a good advice. I saw in this thread some people suggested about day trading. But think as a beginner don't go for day trading instead invest in some good coins and study how this crypto market moves and once you gain enough knowledge then can move to day trading. But day trading is quite risky so I never for it. Day trading is by far the most difficult way of trading and it is not for beginners, many newbie traders see day trading as an easy way to make money and that is a huge mistake, I think a day trader can make greater profits than anyone in the market but it can also give you the biggest losses and for those without any kind of experience they will probably get the losses instead of the profits. |
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The ICO world has all these short-term projects that are new ways to pay for things with crypto currencies: Reddcoin, WAX, Eroiy, and a bunch of gaming tokens...
And then theres big long-term projects who created new ecosystems for doing business and moving money: like Kora Network, WeAre, and Denaro
Who will win the financial/economic revolution that crypto is bringing?? The single-use tokens or the new payment ecosystems?
Probably none of them, payment tokens are not really doing anything that bitcoin cannot do so what is the point of them? Someone may argue that the transaction cost will be lower but that will be solved in bitcoin eventually so I do not really see a reason for those coins to exist at all, and those projects that are going for the long term trying to create a new ecosystem are probably going to fail simply because it is going to take a very long time for those coins to materialize any kind of results. |
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Forex is very complex and too risky, you need have many knowledge to success in this market like: technical analysis, economy, politic.... While Cryptocurrency market is a new market which is still developing, is having much potential and i think you don't need much knowledge to able to join Cryptocurrency market. In this market, you can easy earn a lot of profit if you are patience because price of all cryptocurrencies will almost go up in the future.
Forget about the complexity of the market, that is true but that is not the main factor of why trading in Forex is way harder, people complain about the whales of the bitcoin market the whales are really nothing compared to the manipulation banks go through in order to move the price of Forex a few cents, that may not seem like a lot but they can earn a fortune moving the market that way while everyone else loses money. You need to look for that way which is having greater chances of making you earn some good amount of money and the one which is having greater probability of success. Forex trading is also a good option but I think of crypto trading to be far better option and more trustworthy option that than of it. There are more chances of having more money by getting into crypto trading and that it has also more number of traders as well. At the end it will depend in your skills, if you can make more money in forex then choose forex is that simple but if you have reasonable trading skills the chances of making money with cryptocurrencies is way higher, the only thing you need to do is to adjust your trading a little bit and to be more cautious because of the volatility of the market, that way you reduce the risk of losing money. |
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Well, BTC was created not only for its community, but also for the people around the world, for mass adoption. The nature of crypocurrency should be anti-cencorship and rule/law resistant. Nowadays, many crypocurrency, including some "big" names, are no longer following these principles. Be aware and choose wisely when investing.
The reason for that is very simple many people are only thinking about getting profits and as long as they can do that they do not care about the principle and the reasons of why cryptocurrencies were created the first place, but this means that those cryptocurrencies that do not follow those principles will probably disappear in the long term. |
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I have to admit that I should have cut loss when the market was clearly heading downward.
I just don't wanna admit that I am losing money.
Do not worry many people are thinking the same and those that did not sold their coins are going to be very grateful they didn't do it, I thought the same when the market went down sometime ago and I didn't sell and then the big increase in the price of bitcoin came and now despite the current crash I have huge profits, so I have no doubt that is going to happen again and some people will have the same experience as I had. |
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People will still mine it and the media reports are over exaggerating the issue. No doubt profits are down, but we are a ways from mining being unprofitable.
As has been pointed out, not everyone has the same costs, so there will be some who can make money while others might need to quit. This is no different than any other industry where to compete you need to trim costs and find more efficiencies in the way you work or run your business.
For Bitcoin mining this might mean shutting down older less efficient hardware or finding lower power costs, but like any business those who stand still will lose out, while those who are proactive and seek out solutions will be ok.
Also while mining could be slightly unprofitable right now that doesn't mean it's going to remain that way for long and even if that was the case the miners got a lot of profits for a lot of time, in fact I have heard people in the forum saying that the greatest profits they got out of mining was when it was unprofitable to do so, so I really do not think it's such a big deal. |
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The price of Bitcoin will rise. Because of the war, the price of the legal currency of each country will become more unstable, and then Bitcoin will increase its price because of its characteristics.
That is very doubtful, it is very likely that in the case of a war there are going to be price controls and it's likely the government will try to apply a price control to bitcoin as well they will fail and then they will ban it, that will be bad for us but I cannot blame them the future of the country will be at stake, so I really think that the asset that will grow is gold and not bitcoin because people will prefer to play it safe. |
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Choose a trading site that fits you most. Every exchange has a different graphs, graphics and other things. You should also do your own research because some of them are just a scam, but I can tell you 3 non scam exchanges:
Binance (most known, biggest volume, trustworthy), Bittrex and Hitbtc.
I hope this will help you to choose your future trading site.
This is what I think as well, the first factor that we need to look for is that the exchange is not a scam that they are not going to run away with your money, but after that one of the most important aspects is that you need to feel comfortable with the user interface and about the policies of the site, if you do not feel comfortable with those aspects then trading is going to become more difficult, and trading is already very difficult as it is. |
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It is very likely that the market is reacting to this, however it's very telling the wording they used in order to describe cryptocurrencies, they say cryptocurrencies are not a risk for now, that doesn't mean the cryptocurrencies are not going to become a risk in the future, but cryptocurrencies are not going to be a risk for the average person cryptocurrencies are going to be a risk for them and the scam they have been running for such a long time. |
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That number is worrisome but it's not really surprising there is a significant amount of icos that are not going to be successful and never get enough money in order to try to make the project a reality but when we add that the market has been going down since the beginning of the year then this makes matters even more complex, I'm sure that the number of successful icos was way higher last year due to the pump in the market. |
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As we know banks can charge high fees for transactions between countries, while bitcoin can do it for very little cost, anywhere in the world at the same rate.
Use of a decentralized currency like bitcoin has responsibility, due to the lack of chargebacks and the privacy it offers over traditional banking, and loss of private keys or being scammed means no one reimburses you and the coins are lost forever in the event of a private key loss. Only if you are ready for such responsibility should you begin with bitcoin, as the banks do take on many of these responsibilities and reimburse customers usually if they are hacked and funds stolen, etc.
People complain a lot about the fees and in a way they are right since the fees can be very high if you are trying to send a very low amount of money however when you send amounts of money that could considered to be big the transaction cost are very low many times lower than what the bank will charge you and you can get confirmation in minutes and when the lightning network is finally working even sending a low amount money to the other side of the world is going to become very cheap. |
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Yes, I agree with you and prior to participating in ICO, the most important thing is to do a detailed analysis related to ICO developers. and from what you have informed about the anticipation that every investor should do research before investing or other partisivasi activities at ICO will greatly help me to be more selective in choosing ICO in the activities or partisivasi that I will do.
While it is extremely important to check all the available information about an ico, the truth is that very few people go through the trouble, it doesn't make a lot of sense after all you are risking your money and if for some reason you invest in a scam you are going to be unable to get your money back, but I'm just telling you what I see, so those that do not take the time to check the ico are going to be scammed at some point. |
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