One of the reasons is, of course, the world news background, where, in addition to good news, there is a lot of negativity, both from states and influential people. But I do not think it's foolish to invest in this area.
For me, the only one reason NOT to invest in the cryptocurrency is the lack of money. Each time, when I get the wages, I try to invest at least 30% of it in alts. |
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To find a good cryptocurrency just make your own research about this and seek for reliable and valid source of information about them to know which of them is the answer for your question and find out the trustworthy enough company in this business.
To make your own research, you have to collect all the information about altcoins and compare them. get this information here, on YouTube, and on Telegram. |
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For me, I think this is the best time to buy bitcoin while the price is down, you can buy more and hold it because when the time comes that the price of bitcoin will rise again, you will reap nice returns.
Today, when Bitcoin has gained a lot, it is naturally NOT the best time to buy it, but it is also not the worst period. BTC will go on climbing up, thus get it. |
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I have been observing the behavior of the verge long enough. Noticed an interesting trend - when the market grows verge grows weaker than the market. But another thing is interesting, when the market falls, the verge either falls weaker than the market or generally shows growth. It is interesting that the strategy of shifting to the verge in the falling market on backtesting will show.
Verge belongs to the cheapest altcoins but its potential is really great. I am sure that this cryptocurrency can reach a dollar. It will become once one of the leaders on the market. https://www.youtube.com/watch?v=GdU0_TgL2QI |
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Some of the altcoin I save and I'm sure will get better for the future. first ethereum and also neo. both are very good for my long term investment. i love both paltform
Bitcoin will remain to be the king of the cryptocurrency. EOS and NEO will play the greatest role on the market. Ethereum will probably replace BTC but it will happen not so soon - probably, in 3 years. |
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Holding Ethereum is a good Idea for long time investment. other wise we cant earn profit within short term by trading Ethereum. within 2 years it is grown 40 times and holding a major position and acting a major role in crypto currency industry
When you have many Ethereum alts, you can exchange some of them for the other altcoins. In case that you have 2-5 ETH, you might probably hold them for a long time to get the better profit with the time. |
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Hello traders!
I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders? And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes?
Can you share your thoughts and experiences about tradings.
Thank you in advance.
I think the most common mistake is "Panic Selling". I say that because I have read and seen many threads regarding people who did not actually brave it out to see through their investments. I mean, in this market, it has been a common knowledge amongst its members that most investments are classified as long term investments because this market is just so prone to stagnation before one coin would actually recuperate and surge in value. There are many mistakes that traders, especially the beginners make. They are: - Impatience; - Panic selling; - Choosing the wrong cryptos; - Investing only in 1 altcoin. |
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Trading cryptocurrencies is a different ball game compared to forex trading this is due to the fact that Cryptos are very volatile which requires patience for you to an edge over the market, also a wide stop loss is required to avoid drawdowns in Cryptos trading thus a working trading strategy means enduring and patiently waiting for days to take profits.
Trading does not resemble me any game. For me, it is a business that cannot be compared with Forex. And here, the patience is always needed - it is the truth. |
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I haven't noticed much of a change for the better. Only see that the rate does not recover to the point where it was worth 19000. I think I don't see anything good yet.
It seems to me, nothing new is happening. As usual, the coins prices are swinging. If today they are green, tomorrow they can turn red. Of course, I wish to see how the cryptocurrency is constantly growing. Here's a different question - Have we seen the bottom of the market? I guess that the bottom of the market was seen already. The bearish trend ( Thank God!) is surely over. Yes, the cryptocurrencies are not stable still, and many altcoins prices are going up and then down often. |
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I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
Yes panic selling is one of the factor that can contribute of rapidly drop of bitcoin price. It's hard to convince people who were panicking since we have our own beliefs we followed but orienting them by an expert about what happen next with bitcoin after the drop of bitcoin. Any panic selling is one of the main factors that Bitcoin is falling down. People think that they should get rid of the crypto, which seems to them a bubble. |
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ethereum is the most loved altcoin that a great many people utilize. bitcoin is the fundamental one, and has the most elevated cost. so I figure ethereum will dependably be generally utilized individuals, since these days particularly ico utilize ethereum for their coin stockpiling.
That is why it is much better if you find the money to invest in both cryptocurrencies. I would also remind you about other altcoins that exist on the market. |
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Wait, you'll still get the chance. The good news is that the market has not yet recovered, and it will be ready to enter.
Every man, who was patient enough not to start the panic, soon understood that he was right. With the time, the cryptocurrency is only growing. It is the rule. |
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for us bitcoin our easy way to get a good profit, because for us invest in bitcoin is also a good investment in the long term, because bitcoin prices always go up every day.
Yes, sure. People are buying Bitcoins as they hope that they will get the profit. I am sure, that this is the business for the guys that are professionals. |
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Buying BTC below ten thousand USD Is not bad at all instead is a good chance to earn a huge amount of money when the time comes, and the only thing you should do is to grab that opportunity well.
yes still people have good opportunity to trade bitcoin below 10k, actually people are still interested in bitcoin and they are believing that bitcoin price will continue to increase tell the end of the year, they are even expecting that at the end of 2018 the bitcoin price will reach to 20000$, therefore i think that it is still good time to invest money in bitcoin below 10k. Get BTC now, as soon you will be not able to buy it for this price. I believe that Bitcoin will cost at least twice more close to the end of 2018. Therefore, it will be wise to invest in this cryptocurrency now. |
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If you are a newbie in trading you must have a idea how to trade. I recommend you to watch videos in youtube and invest small amount to practice how to trade so be careful in trading you can gain profit in a minute and you can lose your money in a minute so invest at your own risk.
This is the advice that will certainly work for everybody, and it is useful not only for the newbie. Additionally, when you lose the money, you have to think it over: what were the mistakes that were made? |
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When you have got other sources of income then you can trade for emotional satisfaction. But, I am trading for money, as I don't have other sources of income. At this young age, I need a lot of money to support my family. So, If I can some, It would be good for my family.
same here mate...i am not trading just for emotional satisfaction but because we need money for family's needs.I still have son who will be in college soon that is why we work hard to have money.Lucky are those who are trading just for emotional satisfaction. And I get this so-called emotional satisfaction when I get the money. I am trading for the profit, and I think that this is normal. I can get fun and joy from the other things - in the family, mixing with friends, resting, etc. |
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Why go through such process of heartbreak? I suggest you rather go learn your own skills and method to trade and make the money you can on your own because I believe nobody is perfect in trading and this is a simple truth.
So don't allow somebody you don't trust to get your details whether exchange or wallet details.
I know that some guys trade through the brokers, and they have a success. As for me, I do not like and support this idea. I should better spend more time but I will do everything myself. I do not trust brokers that I do not know personally. |
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Actually, Bitcoin technology is what is needed in the present and future
Bitcoin's opportunity in transactions is excellent, even exceeding the Bank's transfer capability.
I also agree if today many hackers around the world who want virtual money in the wallet.
We are overcome by worry and fear.
I hope all countries agree to use Bitcoin so that transactions with Bitcoin will get strict security from the government.
Not only Bitcoin. Ethereum platform will be widely used in future. Yes, today, you can participate in any ICO and invest in the projects your ETH, you can also get the profit with its Smart Contracts, and whatnot. |
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What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
Only the small percentage of people do not believe that Bitcoin and other altcoins business cannot bring the profit. The rest know that it is great and start it. |
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Working smart and working hard were two perspectives to make thyself wealthy. Some has the ability to be smart and make the best in a short time. While the user who has the ability to work hard but doesn't have the smart attitude takes more time to attain the same wealth that the smart working personality earned in a short time period.
Well, if you start working hard and do it with all of your passion and love for the cryptocurrency, soon you will manage to work smart. You'll work out your strategies. |
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