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I agree that when things are unsure just be idle and wait for the next event. Anyway, day trader doesn't care much of the timing since they trade and try to get profit on every trade. Buy and Sell all the way lol, like when their buy order is filled, they will sell it at a price where they have at most 20% profit and when filled buy again. Then they rinse and repeat until they book a good profit for the day.
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I don’t see ETH as the king of cryptocurrency for now. BTC is still the king and frontrunner of all since it started all of these cryptocurrencies. ETH can be a bright prospect as to be the new king of this world. It need more time and effort from the people behind the scenes of this. If btc price goes down and hit its all time low, I can see eth goes forward if more and more people invest in it.
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Yes I agree with you, hold or sell, if the profit is sold and not regret the future, but there are some factors a person sells or hold bitcoin, one of which is the need of someone, because the needs of each person is different, there is a need for primary and secondary, primary needs are daily necessities and secondary needs is a need that is used only for emergency only, if someone is experiencing a financial limit then at any price will surely be sold.
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Since everything is uncertain, people may think that bitcoin may be a risk they are entering into--but they are wrong, in fact bitcoin is a great investment to those who want to grow their money bigger and bigger as time goes by. People tend to use it as a tool for success. One should not be worried regarding the capability of bitcoin to emerge as days go by. It will flourish and you should not be threatened of the news you read or hear from the internet. Bitcoin is a sure win investment.
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Managing emotions is the first step to trading. You should think practically rather than being emotional. Panic selling is the mistakes done by newbies. Give yourself time, everybody does that when they start. With time you will lose money sometimes and make profit the other time. This cycle will make you stiff and you will start thinking practically.
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Hello. I have a folio of BTC, ETH, NEO and some alts. I've been watching at Bitcoin since 2015 but bought only at this summer (and the last move was quite bad, I bought some BTC for $4600). I try to study, watch vids, read forum and twitters. Chris Dunn has a vid on the topic but nothing really specific. I'm interested in some ideas about what to do when prices are falling. Sell alts and hold bitcoin? Short? (and if yes, so the next question is how to learn how to short?).
Well, it's easy if you have enough money you will spend that to buy some alts that has a greater and higher potential and is good for the long term processes and if you have coins and already know that it was already dump then keep holding wait patiently until it reach your goal price don't to much emotional whe it comes in your coins be wise enough for you to earn more profits. Long term investment is good if you are bitcoin holder as well as alts 2-3 months surely it will pump hard. |
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We can't surely say that bitcoin is the future of the money because we need more adoption from different countries to assure or increase the percentage of bitcoin to be the future money or the best currency in the future. As of now, We are still not sure for bitcoin because bitcoin is still young and it needs more development and also solutions to its existing problems now like slow transactions etc. If we fix those kind of problems we can continue our journey for being future of the money.
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Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
will depend on how much is your salary, monthly expenses and how much can you risk in crypto. Let's say you have a pretty good job ans you can save up to 30% of your salary. For me just take the 10% for emergencies and then take all in the remaining balance in Bitcoin. It is better to invest in BTC now because it's price is not sourging to 10000 dollars. That is if you really want to buy some BTC, but you can work to earn it like what we are doing. Signature camps and some trading. If you're not experienced enough in trading don't trade the BTC that you've bought or else you're going to go broke. Hold it for the long term. |
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People won't believe what can bitcoin gives you and what it does because they have no idea all about this. Even if you explain what it is all about and its benefit they still won't believe you until they experience to engage on it. All they would think is it scam. Give them or show them enough proof that bitcoin is not scam and that it is a treasured mine. Let them think what they want to think about bitcoin, just focus on working on it and earned a lot.
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I think it will be the legality issue that will be a problem first but would not kill bitcoin, it will still go on. The thing about the new development of a new coin that will surpass bitcoin will take more years. We know it is too good now and cant be replaced just like that, add up the high value of it now.
Back to legality, almost all countries wont accept it and others just regulate. How many years have bitcoin been here and yet not a lot changed regarding countries accepting it.
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Indeed, investment into Altcoin is certainly worth it, but you can’t expect every such option to be great, it is just about right pick, it will do the deal. So, we got to entirely focus on right option. And, that is exactly why I look at DVLP. They are to launch their DVLP Coin, which got excellent reputation and buzz around.
And, the most important part with their concept, which ensures that we always feel at ease with the investment. With their presale to start off in few days, it is the best opportunity to get in with value of $0.025 during the starting phase before it increases.
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I'm doing signature campaign and trading. If i stick only on one generating income like signature campaign. I think i won't earn much because there are times that some of the campaign pay only less or the duration of payment after the campaign is long. You are lucky if there are a lot of bitcoin campaign because once you are accepted you have a chance to earn big and it depends on your rank. On the other side with altcoin campaign the only bad side is when the company does not pay their bounty hunter or their ICO is not performing well. That's the reason i don't stick in one job although trading has risk but we can manage it if we are very patience in trading and also control our emotion.
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Yeah it is true that you need to be patient for you to gain any profit in crypto currency the same goes if you are in Forex. However it depends on what method you are using to gain profit. The two major ways are investing and trading. In investing you would need to have tons of patience to gain profit on the investment that you made. It might take months or years for you to gain that. In trading you would also need patience along with knowing how to take risks because trading crypto currencies is very risky since this market is very volatile.
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Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
Well, the banks aren't too worried about bitcoin replacing them. but they don't like things they can't fully control. if you deposit money into your bank account, they have full control over your money. they can freeze it whenever they want, they can simply ask you what the purpose is of moving funds away before they are even moved. with bitcoin they can't do any of that. they have zero control over you. that's something they are afraid of. |
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I know a lot of people have different reason why the love and embrace bitcoin.
For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
Yeah it is being able to send anywhere in the world with no amount limitations and documents needed. You just need an address and then after 10 minutes or more depending on the fees. It will arrived to the person you sent it to. You don't need a verification, swift codes, phone numbers or anything to prove your identity. It's pretty amazing. It's ability to grow in value in just a short amount of time is also one of the things that amazed me because I don't know any other investments that would become 5x its value in just a year. |
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Like the title, what coins do you think will have a good future because now it's a lot of coins and not a few of those coins that fail
What do you think ?
What coin do you think will have good future ?
Well, bitcoin would be the best coin in the future because it is the most established coin. But if you mean ALT coin, there were coins you can trust like etherium, LiteCoin and waves. In my case, I see potential of the coin for the future is its purpose and reason why it is created. Coins must have purpose uniquely different from other coins because this we can determine what track it is going. Another thing I consider is its people who are engage with it. There were people you can look at at this campaign, are they credible or well known. In the future many coin will crash and only those who have really a vision and mission would remain. |
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Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
Based on my experience here i think this is a bad idea. When you say all your savings, you mean your everything even your emergency funds? I believe in investing so much because it is the way you can reach financial stability of having passive income. But investing comes with risk. We will never know when a financial crisis occur and bring down all the markets. Invest only the money you can afford to loose. Because you'll just be sorry if something bad might happen to the cryptocurrency market. Most of the government officials doesn't like this idea. Just a friendly reminder. |
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