Sure it is up to you, but this will be a very smart investment. You do not lose anything, and you will get the coolest profit after awhile. However, take your decision independently. |
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Just HOLDING and accumulating
The same with me, friend. However, I think I will exchange a part of BTC coins into fiat money, and another part will be invested into the best altcoins. |
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In Russia they try to control everything, so why should we be surprised?
I'm sure they will set a tax at least
It is true! Naturally, when mining is legalized, then the taxes for this activity will be taken. However, I think there will be a lot of so-called illegal miners still. |
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We cannot predict what will happen in bitcoin after a few years. We see that bitcoin value is so volatile, we see how the graph of bitcoin value go to its peak, and go down so fast. We cannot predict if bitcoin can replace dollar soon.
It seems to me I can predict some moments of it. LOL. I make this predictions: Bitcoin will never replace dollar or Euro, it may just co-exist with it. |
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Disappointment and regret is part of job description of trading initially. As you grow and you horned your skill in trading you will realize this negative emotion are not necessary. You will be able to eventually move pass them.
I do not think really good traders are those guys who have time for disappointments and regrets. Just go on working, get the profit and enjoy the result of your business! |
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Do you ever feel like you're overly obsessed with cryptocurrencies or trading/investing in general?
Personally, I'm fairly satisfied with my investments/decisions so far but yet I'm looking for market opportunities most of the time. I think that's mainly because of the fact that majority of my time browsing the internet I watch related content. I'm passionate quite passionate about it.
Over time it kinda makes me feel depressed that I don't make as much as I possibly could or others have better scores (some unhealthy jealousy I guess?), so this "paper-chasing" has become a target itself.
When I want to take a break from all this stuff for let's say a month or week at least then I'm not able to because I'm afraid that I will miss out on something.
On the one hand, I have made investments in projects I believe in so I could leave it for few months even and then back but at the other hand, I'm still not quite sure about my diversification so I keep watching the market.
Can anyone relate?
Naturally, it is a kind of an addiction. Although trading is not gambling, it has some similar characteristics. People that are involved into crypto market stay there for long. |
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The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?
As I know the friendliest country to Bitcoins is Japan. Canada is also very loyal to people who are involved into crypto activities and ICOs. Curios, but it seems Russia is not going to restrict trading and mining. |
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I see many people are coming on this forum to try to deceive and manipulate peoples minds, the evil forces are trying to scare the weak people to loose their money.Bit coin is ok you just hold untill Christmas time 2018 and then you will see your surprise.Dont listen to FUD go watch TV or do something else if you are worried and always watching the price.
I am sure those guys who are taking part in this forum constantly do not think that Bitcoin is a bubble. Nobody is expecting for its crash, we all just worry about the rate of BTC and its progress. |
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My strategy is to accumulate as many coins as possible of the best projects and hold until 2020.
I think that only the best projects will survive in the long run, say 5% of everything we see today
I can only envy your patience, as for me it will be not easy to hold Bitcoins and altcoins for 2 years. The desire to sell alts and BTC might overweigh the practical approach to this business. I hope I can hold crypto until 2019 at least.V |
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This is a very good advice from a very experienced person, but how to push yourself not to sell the coins when you feel they have reached their peak or when they are going to fall and you see it?
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Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
It seems to me that this does not apply to psychology in general. Somebody just want to make money quickly and if they do, they withdraw their assets and get their money. There is much sense in your words. When it comes to trading, people are just thinking about the bigger profits they can get if they make a deal. Here knowledge is needed. |
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I think it’s clear from the current trends in the market that bitcoin is going up and yes I belive too that it’s time to buy it. If we don’t do that early then we might just not get this divine chance ever again to invest at such low pieces. I like the idea that buying low is greatest achievement for us, but this chance comes rarely. So let’s move on with the panic situation and help each other to spread some good news everywhere that we going to invest into it.  you mean right now ? best time to buy? you must missed the $6k price  well anyway if market become bullish buying at this moment will still give a profit if that increase in prices will continue in the next few days or even a month, for me i think right after the chinese new year there will be a huge investors coming into crypto market and that's the best time to get profits. I did not miss this time and I am happy with it. I managed to use the fall of the market to make the investments. Now I have simply to hold my BTC and wait till the coins grow. |
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No fiat money wont crash. Even though bitcoin will rise its popularity and the possibilities that it will be use as an acceptable alternative to fiat money yet fiat money wont crash. Why? Let us base from the history. Long time ago fiat money was already introduced. And until now still it is being used. To make it simple fiat money is an instrument use as excahnge with goods, goods and services in simple way of trading or marketing. Yet bitcoin could be an alternative exchange to fiat money. Bitcoin is considered as part of innovations of the modern world. However this fiat money is an instrument ready made for exchange while bitcoin could be also an instrument for exchange but u need to educate all the people in the system of bitcoin and also in the use of internet for online transactions.
I see the future as the peaceful coexistence of fiat money and cryptocurrency. Only combining these two things, we can build the better economy. IMHO. |
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Russian central bank just legalized all cryptocurrencies. They will even make several citiea offshore zones where minnimg will be tax free
Are you sure of it? It seems to me Russia was just discussing this serious question. They said the law about cryptocurrency might be discussed in May, 2018. |
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As we see BTC price going down and down, where is the bottom?
When Bitcoin is (was) down it’s the greatest time to make the investments. Why do not people use this period to buy more BTC to be in the coolest profit ever later? |
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with the price drop in bitcoin nowadays it's certainly for me the beginner has a worry if bitcoin prices will drop lower than $ 10.000.and maybe we all hope if bitcoin prices will increase again in the next few months and be able to exceed the previous high price of bitcoin up to $ 20.000 .
That's true, most of us hoping that bitcoin will rise up high and reach another all time high, but we all don't know when it will happen again. Hopefully by Month or 2. I am still holding my bitcoin until I gain profit before I sell. I am also holding Bitcoins, but there is also another variant in my mind. I am going to exchange some of my altcoins into NEO, Cardano, Qtum and Ethereum. |
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Bitcoin is going to rise upto $28K, the whales are waiting. Remember when bitcoin dropped from $1K to $152? They're the ones with the lambos now.
I do not understand this excitement honestly. Yes, it is not falling already, and I am sure it will go on growing, but to the Moon? It is too early for it. IMHO. |
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Just stop selling the crypto currencies,even your portion of your crypto currency will take a part in the price of that coin,if everyone is holding then it will stop the price fall further more.But we can't control anyone saying don't sell but if they don't sell now they can make good reap in future.
Nobody and nothing can persuade people to stop selling crypto if they took this decision. OK, let them do it. We will buy it for less and make the profit. |
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I am new here, will bitcoin price reach to $700. So that we can buy it at good price.
I suppose we will never see this price ever. I hope Bitcoin will be going up constantly until it reaches at least 20-25 thousand. Waiting for the best prices of BTC in December. |
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