kinda strange when investing in a volitile market. you can spend 10,000 $ into the market in january and come out less. than what a person invested in april with 10,000 $.
Right timing and information is key to investment made in Cryptocurrency. In such a volatile investment as this, it expected that all due diligence is being done to ensure you guard your investment rightly. |
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This will definitely help boost the Cryptocurrency markets definitely. As reputable people joins the Cryptocurrency markets, it will help to change doubters' perspective about the hoax they hold about bitcoin.
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Apart from FUDS around that do influence market sometimes and when they do, most are short lived. I will advise that you trust your instinct more over false news that maybe flying around over time. Do keep to your stand/guts and decision made at all times; it pays eventually.
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I did hear that bitcoin still has some other uses which has not been unravelled by the Developers. This they say will be fully explored when bitcoin reaches its adaptation stage. So, for another coin to surpass it, the coin has to be ready for the game.
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The keyword that has helped me overtime is discipline. And also putting a limit to cash that you have access to and really speaking to yourself daily about it.
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I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?
The Bitcoin stability is very important in that it can help potential investors come into the market and definitely stay. This is already happening and prominent people trading in the traditional stock markets are making a migration into the Cryptocurrency exchange markets too. |
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Once beaten, twice shy! The reason to suspect almost everyone is because of the following reasons:
The person has been scammed before
He must have been hearing lots of information going around of how people got scammed.
Also, he must have witnessed it before.
And to cap it all, there are warnings everywhere to guard against being scammed.
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In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ?
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .
Dumping is relative and depending on the quantity of Bitcoin you have to call it a dump really. I will say people dump mostly because of FUDS most of the time and for those around me, the only reason to dump is because of need of immediate fiat! |
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at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
Classifying my country as a developing country and with its present predicament; recession, I will say that Bitcoin will do us good rather than causing any inflation. With its full fledge operation, it can help restore our economy. |
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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?
I think you missed the window when it dropped to 6k$ this year. I don't see it making a dip to that level again for this year. The only movement envisaged from now is the upward trend; bullish! |
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As quoted from CNBC there is a cryptocurrency will be zero. What do you think ? From : https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html I don't see this happening anytime soon. The idea has always been that if there is a crash, it only means a devalue and not a total loss in value. The worst I have seen is ICOs not making it to the market but reputably returned the investor's money. There has been sanity restored to the Cryptocurrency so no loss of money anyhow. |
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The basic summary of governments banning bitcoin is to guard against its citizens from being swindled. Also, because the government doesn't have a full control of the Bitcoin/Cryptocurrency system yet. From my view of what my country's government hold is that they are not fully aware of its full potential, hence they are not that decisive of a ban or not.
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I for one see the bitcoin as a food investment when you have enough quantity for HODL. It is never too late even at this moment judging by the stage we are still in; the adoption stage. There is still a lot to explore on the bitcoin which has not fully been unravelled. A lot of persons are will still be trooping in later thereby making the price soar high. So, come in for the investment and hodl.
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#JOIN_AIRDROP
ETH address: 0x38120f20739A1dc35651a1E9c78FcC8ab7a2D049
Telegram username: @harrow30
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A core view into panic selling is the shallow believe and understanding people have of the Cryptocurrency markets in the first place; somehow they still have their doubts about the investment they made. If there is believe and grounded knowledge then you will be so sure and not moved to panic selling irrespective of the level of FUD going on around.
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Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.
I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
As much as the signs were everywhere on the internet, people still stocked to it because it was yielding results; spanning 6months for them already. I had a close friend who had all his investment deposited in it and was cashing out at will. I believe he was just so so sure because of the fact that bitconnect was being traded genuinely. |
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I want to believe we are moving into the adaptation stage of Bitcoin gradually as adoption is being done globally. It is definitely a good news and hopefully help to boost the Cryptocurrency market too. We need more acceptance in the big countries too.
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Aside any other reasons which will follow up, I got introduced to the Cryptocurrency platform basically in a bid to get financial freedom. A lot of persons are willing to work but no job available but good that this platform has been created and serving the purpose of providing earnings for online/digital marketers.
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I do have a witness around me of someone who would probably have amounted to nothing going by the present recession we all are experiencing in the country. The bitcointalk platform via Bitcoin/Cryptocurrency leverage has really placed this colleague of mine on a higher pedestal. I will conclude by saying that bitcoin has made the impossible possible and in an extraordinary way.
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It has been a thug between the altcoins, bitcoin and ethereum price values. I do have some altcoins and have been monitoring the increase with respect to bitcoin and ethereum value. Most times, the increase of the altcoins has been relative with the bitcoin price value with exception to one or two altcoins that have its own individual price fluctuation. But I feel, the altcoins will win eventually.
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