I have confidence in crypto prices when down, it is possible to return to the highest price or before. but to determine the time is very difficult to predict, it may take too much time or vice versa
of course because now ethereum wants to start pumping prices, so don't ever worry and panic with ethereum now. the problem is that with a not too long time, ethereum prices will definitely increase The current price of eth is only around $ 200 and I suppose in the next few months eth as well as btc will maintain this price, or there may also be increasing, however would be negligible. The current market movements are not in a fixed direction. It's up and down, it's really hard to guess. |
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In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
With the current situation we do not know when the btc's price will increase, so the holding may be very little profit and the money spent to be able to use one or several btc is not small. With this money you can participate in trading, if not too much luckless .I'm sure the profit will be much better. |
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Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
In any market, it is normal to factor in the price increase or decrease, unless the change is too big to pay attention. Normal btc fluctuations are in the hundreds of dollars. It is also the chance for traders to make a profit. If btc decreases too low then you can process it depending on the situation. If btc is down but can increase quickly again then you can wait; Otherwise, you can sell your btc number, accept losses, and start another investment at a lower price, making a profit to make up for the loss. |
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A lot of scams have caused the fear of theft among people and they are regarding bitcoin and its trading a scam. People seem to be reluctant towards investing in bitcoins. How do we ensure them that bitcoins are not scam but the people are.  Nowaday, a solution that can eliminate scam is to make transactions through the website. That would significantly reduce fraud in transactions. And of course you have to pay a fee for these transactions ... besides there is still a rare risk that scam websites are fraudulent. You should use reputable websites. |
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This is not simply a bug that only beginners commit, I suppose anyone who participates in crypto investments may be able to make some mistakes. Also, investing day is not a mistake, with both newbies and acquaintances. Mistakes are subjective and uninformed which leads to the loss of investment. In fact, most traders have a steady income thanks to daily investment.
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The national Assembly of Venezuela is preparing a reform of the country's Constitution, which provides for the creation of a crypto-currency Central Bank. It will be “the Central Bank" with its functions in exchange, monetary and financial policy, and the Central Bank will be involved. In Venezuela, from August 20, a new denominated currency will enter into circulation — the Sovereign Bolivar (Bolivar Soberano), tied to the national crypto currency Petro. On Monday, the country's President Nicolas Maduro (Nicolás Maduro) said that the country will begin to operate a new system of wages and prices, also tied to Petro.
I think that instead of setting up a central bank for electronic money, they should set up transactional and archival stations. Normally the central bank will be the place to release the currency, so what will the central bank do when it can not make itself a BTC or ETH. If they release a new crypto to people in Venezuela can use and switch over to ETH and BTC, it is not yet certain that people will use it extensively, because they also deal with many other countries. I do not think this is a good idea. It would be better if this was a reserve center. |
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Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
In the current situation of the market, the safest option is to cut losses and not make any big investments. But if you can handle the small price fluctuations of the alt you can still make a profit, but it is quite difficult and risky. In addition, you must compare the profit you get after each transaction with the fee you pay for that transaction to make a worthwhile transaction . |
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Cryptoworld is another name of financial freedom,You are here own boss and can choose own working hours and here you work for own.If you have skills and knowledge you can earn more than your tradtional job.You can do both same time but its all about priorties if crypto is passion then good decision to leave job.
Doing both work at the same time I think that is the best option. Trading in the crypto market does not take too much of our time, we can completely control the time spent on both jobs. The traditional job is a stable source of income, if we abandon it means we are totally dependent on the trading. and it is inherently unstable. |
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Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
From what you said, I think the investment in the stock is as risky as investing in btc or any other crypto. The point here is that you can not master and control Your investments when investing in projects from the bank. With the investment in btc or other crypto, if you succeed, the profit is not small. |
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it is very difficult nowadays to benefit from short-term trading,. even a 15% / day profit becomes impossible for the current price situation..
there may be some trading strategies that you can suggest here. bittrex is the place for me to trade
1. what coins you use for short-term trading
2. what time do you usually trade
3. how much profit you can with your strategy (profit / day)
I usually do not have short-term investments, but I often hear my friends setting a goal of 5% profit every day. Sometimes it becomes a difficult thing to do, so I think 15% is too high for daily profit. With short-term investment I think you do not need to spend too much time, several hours a day, you can do it easily. |
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As we are looking at the market currently, the whole thing is dumping like anything. There is no thorough explanation about the whole scenario as to why the crypto currencies are dropping by so hard and hence I am eager to know what are you guys holding at this point.
Have you converted everything to the BTC or any other safe currency that you see out in the market?
Is there anyone of you who is holding all the assets back into the USDT, the Tether one or have you converted everything back to the fiat. ?
It is also a good way to make a profit in the current situation, the fluctuation seems very small, the daily trading does not bring a good profit and sometimes even a loss. At this time, buying and holding until the price increases is a good way. |
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I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.
Do you think this is the reason, or the movements of the market are normal ?
I think people are inclined to stockpile their btc so the amount of daily capital to trade will decrease , with the same of course the demand will also decrease. I think that is why the market is gradually going down but not falling dramatically. Perhaps we need some impact to stimulate demand, so the market can grow again. |
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me or anyone else, maybe a little afraid to buy crypto at the moment, the price movement seems to go down, what should I do, whether I buy or not at this time, please give your opinion
Yes, the market seems to be going down, I think this is not the right time to invest some big crypto money. Perhaps bounty will be a good choice in the present time for the forum members.If you want to invest, you can still do that, the market still has certain fluctuations that are not large, so the profit you get will also not be high. |
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Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
Being a trader is not something that is too difficult, just find out how to trade on exchanges. However, it is important that you are clear in the transaction to make a good profit. It is important to remove your emotions as your friend says, and it's not easy to get, you will have to experience through the investment. |
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Hi guys , I am a begginner in the crypto world , after a long study of the market , rules and regulations research. I am ready to start inversting . First stop that catched my interest is orbis https://orbistransfer.com . Because it has paypal and card purchase . No kyc and country restrictions so I can buy it from US. $500 dollars allocated . Any other promising icos ? What do you recomend. Investing in an ICO is a great way to earn a profit, but not a way to make a profit quickly. Also, if you choose a bad ICO, the price of the crypto will not be high. sometimes lower than the ICO price. |
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If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.
Yes, keeping your crypto on the exchange for too long is one thing that increases your risk for crypto. Sometimes hackers can hack and execute transactions with them. And maybe the exchange managers can create a plot to take over all the crypto on exchange, |
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I still believe that bitcoin will recover from fallen,and it will grow up to the higher again.how about you?!
btc recovery and high again which will certainly attract a new amount of investment. In addition, the price of these altcoins will also increase. |
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Hello guys, there are always financial losses in the field of trading and this is a normal thing, but unfortunately there is a category of traders does not accept these losses. Plus, the not acceptance of the truth may affect them negatively like, psychological problems, stress .. and even on the next choices in trading, but this leads to a multiple and consecutive losses. In fact, the first and most essential thing to surpass the loss is " The acceptance of the truth" and then you have to " deal with it " in a good way. Trust me, if you learn from your mistakes, then you will earn what you want.
I learned something very useful and I want to share it with all. These are the 5 steps to make a financial profit (especially after a big loss) and even achieve your goal, they will be as the following ( like a plan) : Step 1 : What do I want to achieve? (Vision)
For example: I want to earn 2 BTC within a year. Step 2 : What is their importance to me? ( Value )For example: It is important to me because I am poor and I want to help my family in many things. Step 3: How will I achieve it? ( Methods )For example: I must have many strategies in each event ( crisis, pump ) .. .. Step 4 : What prevents me from achieving it? (Obstacles)For example: time, unexpected event, the fear , weak of self confidence... Step 5 : How do I know that I have achieved the success? (Measurement)For example: .. .. When I see 2 BTC in my wallet before one year.
Good luck to everyone .  You can accept the loss, and make another investment. Get acquainted with a lower price and wait when prices go up for sale. Or you can also choose another crypto to invest. |
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Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
Most altcoins are sold through btc and eth with a certain exchange rate, so it's natural that the price of btc decreases will affect the price of the altcoins, which will also reduce the price. In addition, investment in the altcoins is also through investment or otherwise buying btc firstly. |
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I've been keeping up with Bitcoin and investing for the past year, and Im wondering if anyone thinks it will drop back down to 6 - 6.5k in the upcoming months?
I've read a lot of projections and there is a mixed consensus but several "vets" agree it's due for a big drop.
What does everyone think?
It can be said that the crypto market in 2018 is very difficult to predict, opening a crisis that has wiped out many predictions about a good future of crypto before.In light of the current situation, I think the btc price will drop to over $ 8k, while the price can be recovered is still an unanswered question. |
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