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I understand that since altcoins are paired with BTC for trading, the price is based off bitcoin's.
However, even if an altcoin is doing well, it can tank (in terms of sats) when bitcoin's price corrects.
Will we ever see a market that isn't so heavily dependent on bitcoin? Is this possible for the future?
We need to accept what value of altcoins now. We need still to wait and have some patient because when the value of bitcoin is going high and going stable again, we don't have any problem in altcoins because value of it is going high too. Patient is the key for successful life. |
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Seems like most people just want to become super rich in a short period of time.
If you don't believe in this new technology, and just want to earn quick money, I think you will probably not achieve what you want.
All I want to say is be patient, live your life, and don't get too emotional by all the negative news/FUD. Yes, crypto might be ended in a really bad way and you lose most/all your money. But if you truly believe in the new technology, just invest the projects you like the most and hold until it gets mature and returns.
Yes you are definitely right. Many people don't believe in Cryptocurrency because they think that it is not true. If they invest their money in this Cryptocurrency they think that it going to bankrupt. In life we need to take a risk in any situation to try if we going to go up or go down. You're not going to get if what you want if you're not taking the risk. |
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Im currently invested heavily into bitcoin, waves, and shift.
what are 3 good altcoins to look into that will see great return within the next 3-6 months.
I definitely introduce and I usually advice is bitcoin and Ethereum. It is one of the top altcoins that you can't hesitate to invest. BTC and ETH is not stable for now a days but if you invest In this two coins for a long term investment you will not regret in your profit. At the end this two coins is still the king specially bitcoin. |
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So I'm slowly going into crypto and I want to know if any of you trade altcoins daily, or you prefer to hold it for long term? What do you think it's better and why?
Thanks
I usually hold it for long term investment but as for now I'm going use both, half is for trading to altcoins to have a movement in my profit while waiting for my long term investment even though it gain less profit and the other half is for long term to gain more profit. |
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I have a question.
What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
I always advice in some other post that using many site and put your money/coins in this exchange site is not good decision because it can be hacked by many hackers around this crypto world. Put your coins in wallet so that you will not going to hesitate if your money is safe. |
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Therefore I always support bitcoin even the value of it is going down and not stable. I'm just supporting two coins which is bitcoin and Ethereum that I believe it will become stable soon. Bitcoin is the number one Cryptocurrency and without bitcoin all altcoins is none.
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That's not the only one thing that you can make money through internet. Bitcoin is the number one Cryptocurrency that you can earn profit using of internet without asset and without money but it depends to you if you want to invest in any altcoin obviously money will be involved. Of course we need to give and take, you work hard and you earned more. |
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Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.
Some countries banned bitcoin because of bad behavior of many people carrying the name of bitcoin. They not follow what regulations that bitcoin has given. But not all countries. Some countries support bitcoin to gain more profit. |
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Absolutely right, this information can be help not only in all newbie of course it can help too in all members in any rank. Wallets is more safer than Cryptocurrency exchange because only you can know how much your money now in short it is the private transaction that all hacker can't hack that.
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By plan i mean when do you plan to cash out. Is it when you have made enough to buy a car, a house maybe? or are you setting your sights higher?
Personally i'd just like to own my own home, after that i would just play with spare change.
Oh! We're both a same dream. If I have enough coins that can convert into big cash then I suppose to search a good place for my beautiful house but of course I need to set aside my savings and I will not to convert my all coins into cash. I'm going to invest into bitcoin and Ethereum so that I can still earn more profit. |
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In the next year ETH will overtake BTC as the number 1 cryptocurrency. I would unload your bitcoin while you still can.
Maybe, because sometimes the value of bitcoin is going down while the Ethereum is going up, but in just a little of time that ethereum can reach the number 1 and bitcoin is still the king of Cryptocurrency. For me bitcoin and Ethereum is a good coin but still bitcoin is still the king of this crypto world. |
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chinese people need some cash for holiday so all of them seling now.
Looks like we will not going upside until chinese holiday ends.
So you mean after the month of February and Chinese holiday ends, all value of all coin will going high again? If that is true, that is a good good news for crypto world and all investors. They not going to think about their money and profit and specially their stress will be lessen. |
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Will Altcoins survive as bitcoin is going higher and higher and the demand is getting increasing every day, what will happens to altcoins
Of course, btc is stable and going survive now because the value of btc is going high and the demand is a good enough so that altcoins is going survive too. When btc is still number 1 coin it represents that the crypto world is alive and still had many investors. |
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Hello Folk, is it the time for ethreum to lead from the front ? As bitcoin is going through rough ride along with other altcoins but ethreum is turning out to be more stable platform for investment and also new ICO's are based on ethreum. Do you think Ethreum will dethrone bitcoin from 1st rank of crypto this year?
I believe for ethereum to be the best potential successor for bitcoin though I am still open to change if ever another altcoins managed to change these trends as long as I don't see any other altcoins reacher top 1 or 2 in the cryptocurrency rank then I will continue to bet on eth and btc for my choice of investments. |
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as we know all altcoin prices are all down, and bitcoin prices have also entered the price of $ 8000 is this a sign that crypto will end? and bitcoin prices will return like the starting price in 2016? because every thing has its time and I hope this is not the time for crypto to expire and in the future I expect altcoin and bitcoin prices to return normal again and increase the price.
I think we are still good, I still think this past events are normal for cryptocurrencies even though they are somewhat different by each other they still share the same market nature that continuously changes in value. It is applied to its market going green and red from time to time and depending on season. Why not just think of this as an opportunity rather than a threat. |
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Is it once you make a certain % profit? Or is it if you need the money? How do you feel about the fees? So on.
We all know that saving money is so hard specially when you need to pay your bills ( electric bill etc.), buy your monthly food and etc.. So you need to have a plan in spending your money. Investing to different altcoin is a good idea that you can gain profit. When it comes to cash out, don't cash as a full save the half of your money then convert it as a coin so that when the value of altcoin is going high your money is going bigger too. That's the strategy in saving your money. |
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Governments will not Ban a Coin that is Legally Compliant in their Jurisdiction. They could possibly ban coins that are used as a medium of exchange to commit crimes against humanity. ( www.bitcoinfuji.com ) Governments can't ban any altcoin like bitcoin, so even if the bitcoin has a negative effect in now a days, I believe soon bitcoin overcome all positive effect as soon as possible. |
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Of course Ethereum can reach the top. But bitcoin can do it too. Bitcoin and Ethereum has a great competition about what coin can reach the top, but for me this two altcoin has a good value and good enough to gain profit when you invest in this two altcoin.
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Absolutely right, in fact social media like facebook and instagram can destroy the crypto world. They can spread many news that crypto world will damage. They can spread untrue news.
Cryptocurrency can stand without any social media. We can advertise in bitcointalk not just in social media.
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That's a bad news for us specially in a bounty hunters and all newbie that want to join in social media campaign. Unbelievable news. I think facebook merge in other business that against and don't want bitcoin and ICO's.
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