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I withdraw from exchange only. Those saying that withdrawing through local dealers to save tax, are risking a lot.
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Most of my holding is for long term only. I do not have time to track prices for short term trading as I have other works.
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No all are not scam, you need to choose wisely. Especially the campaigns that pay in crypto are good.
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That is a major coin and I think we should have dedicated website for this. It will help inform people about different scams.
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I am not at all affected by price movements as I know that it is obvious to happen. But regulations and laws scare me to some extent.
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That is something even experienced investors struggle with. I will suggest you to go for top 100 coins listed on coinmarketcap.
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You should be investing as soon as the new of listing comes. After, it is listed, most of the growth would have happened.
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I will suggest you to stay away fro ICO and invest in established coins like ETH. Profit may be less but there is more safety.
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It has given good results in past but this year was bad for it. Even after efforts by developers, it did not pick up this year.
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I do not agree to this completely. But there are some concerns like it has to be in circulation as a payment medium.
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Currently I am limited by the budget, so cannot invest much. But this is a golden opportunity for people to buy at cheaper prices.
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They are not foolish, those who invested earlier already made huge profits. There is still much growth possible so you can also join.
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Some people do not invest in bitcoins because:
1) It looks like some scam to those people.
2) They are scared of volatile prices.
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Every country has its own laws regarding currencies allowed to protect its citizens. Thus , you will find different rules everywhere.
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I like the way the forum is. The current focus is on BTC and that is how it should be. Alt coins are temporary, bitcoin is forever.
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They are probably scared about how genuine bitcoins is and consider it as scam. They are also not ready to research to clear their doubts.
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Do not believe in these too god to be true schemes. There are a lot of scams going on in the name of crypto and bitcoins currently.
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Bitcoin exceeded $ 10,000 in 2017. What's going to happen to Bitcoin in the coming year?
It even touched the $20 k mark in 2017 but this year has been really bad for bitcoins. I do not think it will even reach $20k now by end of the year.
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Certainly. it will survive without bitcoins.Countries like China have decided to use blockchain though they have banned crypto.
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All the investors should keep the risk factor in mind. This will ensure that they do not spend all their money on crypto.
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