I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.
So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
Of course, I would want to hold and wait for the best strike high of the value of bitcoin though we all know that it is quite impossible because bitcoin is volatile and is it really unstable. However, there is really nothing wrong in aiming for the best value where in we would be able to get a good profit. I believe that there is nothing wrong in aiming for the better.
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How do you trade? Do you still follow the buy low and sell high? Are you still looking on the charts to predict the future value of the coin? Or Do you just use your instinct and trade base on the volume? Some people are still panicking if their coins go dip and just sell it before they lose greater sum of money. People whose enemy is their own emotions. For me I am studying the charts of the coins which has a high potential to pump even though I'm not sure if it woll really pump. If not, I'm just holding it until it does. I am controlling my emotions and think calmly so that I can resuce the mistakes that I may done with my decisions. How about you?
There is actually no definite strategy in trading. It all depends on how we handle our emotions and how we deal with the changes that may come our way here in trading. We all know that crypto is unstable and might change it's value anytime so what we really need is perfect timing and right decisions. Being patience is just our secret .
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Since now smart money is in, they will make us need crypto currencies in the future.
So you can HODL! And you will have a nice life. Enjoy!!
It has been in the mains stream already and it is continually reaching every corners of the world. What we must aim for is for the whole world to adopt it as a currency that would be useful for their daily lives. There still lots of things that crypto is about to prove in the near future.
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It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Bitcoin is a part of digital money. How is digital money is your country ??
Digital money is already being used in our country. It provides us easier transactions and it is also more convenient for us to use. However, there are still lots of people who don't have enough idea about crypto so it will still take to long to have it as our currency here.
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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.
Based on my experience here in crypto and in trading, the more I wait , the higher profit I gain. As I continue holding and have more patience in what I hold, I actually rewarded higher than what I want. It is our perseverance,patience and eagerness to reach our target that help us succeed here in crypto.
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Do you think the market will stay green or turn red?
It not an easy call
I say green
I trust it but I don't rely in it. I know that bitcoin is volatile and is changing everytime. I believe that it is better if we'll trust it but we must always bear in mind that it is unstable. Howevery, hearing a good news that the market is green is actually an advantage and a big hope for all of us.
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
Ofcourse I do. I believe that if the time comes that people will have bitcoin as our prime currency, it would be more convenient for us. Things and transactions would be easier and faster and lives or even our way of living would be better. I am actually dreaming to have it as our primary currency.
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Hello,
Would it be possible to make 1% of your capital every day?
This would be 30% in a month, this is a lot.
It really comes to your capital:
1% of 100 would be 1$ daily, so 30$ on a month. 1% of 1000 would be 10$ daily, so 300$ month. ...
Is trying aiming at 1% daily too much? to ambitious?
I think that would only help if your capital is too big. I believe that it is still better if we'll have a long term holdings and investment to get a better profit that is higher than 1%. We must focus on holding for a long term , rather than holding just to get a single percent.
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Guys, how often do you join airdrop? Are you taking part in any of them? What is more, you can get tokens for testing a project's beta. For example, KickCity. You can get reward for testing this platform https://kickcity.io/event/5a9d11030cf2cac8e081f3e8I love to join in different airdrops before. I used to join very often since I've had my first payment but after I discovered that some airdrops are not paying , I stopped joining and just focused on bounty campaigns.
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Crypto world is in crysis now and it's not only due to red market but also because of tons of scam ICOs. And that pisses a lot of bounty hunters off cause scam ICOs produce useless unworthy tokens! People waste sometimes several months to participatein bounty and either get no tokens or get shitcoins. It's so hard now to find a good bounty. eCoinomic.net platform is running one now and it looks pretty solid and trustworthy, they also predict a balanced growth for CNC token https://bitcointalk.org/index.php?topic=2897866.msg29799978#msg29799978But how do you guys know if your bounty is trustable? Why do you personally trust bounty you're participating in right now? Bounty campaign is actually a good way to earn potential tokens which would provide us a profitable and passive income upon holding in due time. I get to know if the bounty campaign that I'm joining is trustable and worth holding by reading my whitepaper first.
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As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks
I agree with you. It would really take a lot of courage and patience for us to pursue our goals and target here in crypto so we must all be willing to wait for us to earn more profit. Great things come to those who are willing to wait so we must be patient.
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Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere
What is your response with this opinion?
I agree, we are all fair here in crypto specifically in bitcoin regardless of our status. As long as we are earnings and we are successfully reaching our goals here, our status don't matter because we are all fair here. However, what really makes the difference is the knowledge that everyone must acquire in order to earn better here.
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I was talking with a friend of mine about cryptocurrencies and he said: "Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. " Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions? Maybe the reason behind is because there are people who don't have any idea about what crypto is. There are people who are clueless about it and find fiat more useful and is the best currency for them. They even think of crypto as scam because they don't have enough knowledge about it. I think if they only know that crypto is profitable, they would choose it as the best currency.
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More and more airdrop is a lie, I do not recommend participation in airdrop, because there are at most a few 100 airdrop quality, so I think it should not be a waste of time.
I agree with you. Most of airdrops these days aren't paying and some of them also pays tokens without value. They are frequently asking for a lot of tasks but still don't pay us enough . However, there are still some airdrops that pays good enough that worth our efforts. We must just choose what to trust.
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https://www.coindesk.com/bitcoin-breaks-7000-to-50-day-low-amid-market-sell-off/We know that cryptocurrencies are without a doubt changing hands right now, but is it even wise to invest into the crypto economy anymore with the top 20 tokens all showing a 10 to 20 percent sell-off within the last 24 hours? Is this the end, are the days of bull runs over in Crypto? Ever since February we've been struggling to break $11kish and now it's back down, what are we to make of this? As for me, I believe that bitcoin might repeat it's history and it will reach it's best value again by the end of the year. I believe that it could make us reach the best target that we want by the last quarter of the year as well as altcoins so I'm just patiently holding until the fourth quarter.
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Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.
I think bitcoin is just a crypto currency so it would be hard for it alone to help people. However, even though we all know that bitcoin alone can't do anything about it, through our willingness to help, we could help poor people who are in need through our earnings. Unity is what we really need.
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Hello Friends...
This is Newbie Here. I Just want to invest in Digital Currency. Anyone suggest me which is the best platform for long-term investment? How can I Invest Online?
I believe that both will work and is worth holding as our investment. As a beginner, it is also good for you to try holding altcoins since etherium and bitcoin will both work as a long term investment. If you want to earn as soon as possible, you'll gain small profit through altcoins but through long term investment, you'll gain better profit.
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I just wanted to know what are your plans on your cryptocurrency in the future?
Do you plan to keep on investing? Do you plan to exchange your crypto in fiat and leave crypto? Will crypto survive?
I am planning to buy more crypto currency and hold until I teach my target. I believe that holding is the best choice that I can do now since the market has just started recovering. It would be helpful to wait until the last quarter of the year. I'll just exchange my crypto in fiat in due time.
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Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.
If both buyer and seller agree with to have bitcoin as a mode of payment in buying a house then why not? There are actually lots of companies who accept and agree to have bitcoin. It is just a matter of being sure on whom we transact. Buying properties through bitcoin is actually fulfilling.
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How is trader life in the future?A trader is the country's wealth?
I believe that our lives could be better in the future if we'll all continue with our endeavors here in trading. Things would get fine and our financial status would get lighter. It could also be a big help for the economy as we push without limits to succeed. Trading could change lives if we'll take it seriously.
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