In my own opinion, 3 years later cryptocurrency and its market will be great because there were many project development succeed this year.
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For me through internet like youtube and google can help you on how to trade. But if you want to learn about cryptocurrency not only in trading, this forum will help you a lot.
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We never know when the market will be recover but for me if the market is falling down, there is a great opportunity to make profit by buying cryptos when the value is low then hodl it and wait until the price goes up.
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Diversifying your investment on bitcoin and other cryptocurrencies is such a good idea for making profit and committing losses. Maybe 50 percent in your investment in bitcoin and the other 50 in top 5 other cryptos.
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There is no definite time when the cryptocurrency becomes good or rise again. We should be patient and wait until it will rise again to avoid huge losses.
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For me, I do prefer HODLing because I am not a day trader. I have a permanent job but I am a crypto hodler. I want my cryptos as a long term investment because I do believe in the near future value of my cryptos will have a huge increase just like what happen to bitcoin now.
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Merits in bitcointalk are giving free by member to another member if you knew someone who sell their merits, you can make a thread in bitcointalk reputation board but selling of accounts is allowable but not encouraging anyone to sell their accounts.
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Bitcoin has a strong rise because it is the first cryptocurrency and the most famous of them all. As you can see the market when bitcoin falls most of the altcoins also falls or when bitcoin rise the value of most of altcoins also rise.
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The good altcoins that must hodl in a long term are those that are in the top line because they are already established and next to bitcoin like ethereum, xrp etc.
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If you have enough money to invest then you may choose both bitcoin trading and other businesses but be sure that you have also enough knowledge on what you will be investing.
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There is a positive micro impact of bitcoin in the economy today as a whole because the people engage in bitcoin is too small compare to our population. Those who engage in bitcoin creates jobs and income.
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If bounty hunters also invest on project development then they will become an investors also. Bounty hunters function on project development is to promote the project.
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Yes of course, let's do it. Have patience. Me too. I don't lose hope that in the near future bitcoin's value will rise up again that's why I do prefer in long term investment.
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Fake news can influence the movement of the market because it can influence potential investors who are willing to invest in cryptos.
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We don't get people to use bitcoin as real currency because of its volatility. We can easily convert bitcoin into fiat through some exchangers. Maybe we should be focus on how can we inform the people about cryptocurrency and blockchain and its function so that the value of cryptos will increase.
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That's good you are already invested in cryptos around $3000 and you not even to sell it when the price is only one third of the cost because you didn't get panic and knows the idea of patience. If you have excess of $1000 a month maybe you must study how to trade and become a daytrader or buy more coins when value is low.
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If you have enough time and want profit immediately then you will choose day trading but the risk is much higher than when you are in long trading.
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If there are many people in a country who will engage in bitcoin, there will be a huge effect in the economy of that country because bitcoin and other cryptocurrency may open new businesses and project development which means more jobs to offer.
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At this bear market, both hodl and trading can be beneficial or make losses to anyone. But for me, I do prefer hodling because I don't have enough time to trade because of my busy schedule in my job and saw my cryptos as a long term investment.
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For me if you want to start on trading learn first how it works before you make an investment. For the amount, if you have an excess money and you want to make profit out of it then put them into trading but make sure that you had already study on it.
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