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961  Bitcoin / Bitcoin Discussion / Re: Which is more risky? Bitcoin or bank investment? on: June 21, 2018, 01:26:45 AM
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?
Of course bitcoin investment is more risky than bank investment. You can't ensure that you will earn money if you will make investment with bitcoins due to its volatility.
962  Bitcoin / Bitcoin Discussion / Re: Crypto currency in five years! on: June 20, 2018, 12:23:23 PM
Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
The industry of the cryptocurrency is still in the new era, the blockchain technology is a booming industry and it is the reason why many investors are keep patronizing cryptocurrencies. They are aware what cryptocurrency can do in the near future.
963  Economy / Trading Discussion / Re: What to do in this Dip on: June 19, 2018, 06:26:01 AM
At moment i have a large list of coins. most i had bought at prices low, while some i am taking a loss at moment.
with recent dips going on. some are below, as its now a buyers market
should i still eventually invest in more BTC? ETH and LTC

should i sell off some alt coins and re buy at a lower price, since everything is still falling?
thoughts?
thanks
What to do in this dip? It is better if you will hold all of your coins. Do not panic because I am sure that you will make huge mistakes. The best thing that you should do is to trust and believe yourself.
964  Economy / Trading Discussion / Re: Patience is a virtue in Cryptocurrency Trading. on: June 19, 2018, 05:42:10 AM
Cryptocurrency is a no go area if you are an “emergency investor “. By emergency investor, i imply someone who invests in cryptocurrency to get profits within some short period of time in order to settle some immediate financial. The probability of that happening cannot be ruled out, but in instances where they occur, the probability is about 1/10.

Patience is a virtue for bitcoin and another cryptocurrency investment. Prices exhibit intermittent Bearish and Bullish movements over short periods of times which may leave investors confused as to what step to take.

A successful investor studies the market, invests in a coin that always rises remarkably after a significant drops and take decisions in moments of highs and lows.

This will save a lot of anxious investors who sell their coins when prices are dropping, causing them to lose significantly.
You should have patience for you to wait the right time to buy and sell. It is true that patience is virtue in cryptocurrency trading, you can lose your investment if you do not have a lot of patience.
965  Economy / Trading Discussion / Re: What is going on? on: June 19, 2018, 12:40:34 AM
How are the markets a few near day? Can anybody tell me? I have been in the market for 1 month and been advised to buy BTC and ETH, but I do not understand why in coinmarketcap all coin including coin top also fell continuously breaking through the bottom. Please reassure me: ((  Cry Cry Cry
The price of the bitcoin is continuing to decline. I think the main reason why the price of the bitcoin is continuing to go down is because of the whales that are manipulating the prices.
966  Economy / Economics / Re: So many cryptocurrencies ! on: June 18, 2018, 01:20:55 PM
There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
You should find a good cryptocurrency that can help you to become successful investors. This forum can help you to find a good altcoins that have potential in the cryptocurrency market.
967  Economy / Economics / Re: Why people are still buying BTC? on: June 18, 2018, 12:49:10 PM
Many investors are aware on the benefits that they can get from buying BTC and it is the reason why they keep patronizing it. I am one of the investors who keep buying and using bitcoin because of the incentives that I always getting.
968  Economy / Economics / Re: Wise thing to do with your savings. on: June 18, 2018, 12:18:29 PM
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
There are a lot of profitable investments nowadays that you can do. I think it is better if you will use the 50% of your savings to start capital in trading of cryptocurrencies. By using your skills and knowledge, I know that you can easily grow your capital.
969  Economy / Trading Discussion / Re: Day trade is more a lucky thing or skill on: June 16, 2018, 09:56:11 AM
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
It is skill that you must learn! You don't have trading skill then you will have a hard time to grow your investment in day trading. It is important to gather information first that can improve our knowledge and skills.  
970  Economy / Trading Discussion / Re: Trust you trading experience and don't panic on: June 16, 2018, 06:28:38 AM
We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
You can't become successful trader if you can't trust yourself. It is true that you will always experience panic if you do not have self confidence. The first thing that you should do is to improve your patience and self confidence.
971  Economy / Trading Discussion / Re: What you should do when you lose most of money? on: June 14, 2018, 10:28:28 AM
We can't become successful trader if we are not educated trader. Knowledge is really important for us to become professional trader. We should work hard to gather more information for us to gain more strategies and techniques.
972  Economy / Economics / Re: What will happen to bitcoin? on: June 13, 2018, 11:43:45 AM
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
Traders who have strong hands are not worrying to bitcoin even its price is continuing to decrease. I am one of the traders who have strong hands, I am aware that the bitcoin has power to survive different challenges and obstacles.
973  Economy / Economics / Re: Do you approve this strategy: sell alts buy btc? on: June 12, 2018, 03:27:50 PM
I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst
It depends on you! It is really good if you will just divide your capital into two for you to make investment with bitcoins and also in altcoins. There is a high chance the you can grow you investment by making investment in both bitcoin and altcoins.
974  Economy / Economics / Re: How can we make this world economically better? on: June 12, 2018, 01:50:17 PM
The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
We can our economy to be better by using and buyung cryptocurrencies. Most of the cryptocurrencies nowadays are solving many problems in our society and economy.
975  Alternate cryptocurrencies / Altcoin Discussion / Re: Why people don’t believe in crypto? on: June 11, 2018, 03:33:50 PM
Hey guys, why do you think people don’t believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?
I can say that lack of knowledge is the reason why there are still people who doesn't believe to the cryptocurrency. Education is the main key for the all of the types of citizen for them to become aware to what is cryptocurrencies.
976  Alternate cryptocurrencies / Altcoin Discussion / Re: Why altcoin is better than bitcoin? on: June 11, 2018, 02:59:13 PM
Although Bitcoin has taken up 40% the coin market. But is it more worthy to invest in bitcoin? Since bitcoin can never replace the paper currency for the moment due to many complicated reasons, and most bitcoins are already acquired by a small sum of people. So if a kind of currency can't be circulated, what's the meaning of that coin. When it comes to ICO, and the release of altcoin, it means that you are investing in a company, you are holding equity in the company. If you think this company will have a bright future, it's always worthy to put your money in.
I do not agree to you that altcoins are better than bitcoin. If you will observe the cryptocurrency market nowadays, you will find out that the investors are keep patronizing bitcoin than altcoins because of its characteristics that the altcoins doesn't have.
977  Bitcoin / Bitcoin Discussion / Re: Which is more risky? Bitcoin or bank investment? on: June 11, 2018, 04:06:21 AM
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?
You can ensure that your money is safe if you will make investment in banks but if you will make investment with cryptocurrency, you can't ensure that you  can earn money because of the risks that you will face.
978  Economy / Speculation / Re: Is it too late? (To buy Bitcoin now) on: June 11, 2018, 03:32:04 AM
You can't say that investors nowadays are now too late to make investment with bitcoins because the bitcoin is still gaining more power and strength. There is a high possibility that the price of the bitcoin will become more valuable because many people are continuing to patronize bitcoin.
979  Economy / Trading Discussion / Re: Trading or not? on: June 10, 2018, 10:02:20 AM
If I lost most of my capital in one coin, I will hold the first to coin it up again, whether it can be called trading or not?
Give your opinion Smiley
You should trust your self if you will make investment with trading. Trading is not easy job and it requires a lot of patience and knowledge in order for you to grow your investment. Just gather more information for you to become more knowledgeable person.
980  Economy / Trading Discussion / Re: Why choose LONG-TERM TRADING? on: June 10, 2018, 09:24:43 AM
The main reason why you should do long term investment with bitcoins is because the bitcoin is still gaining more power and popularity.If you will observe the chart of the bitcoin, you will find out that its value is continuing to grow up and it is the reason why it is better if we will do long term investment.
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