For me $ 100 you can start a trade and invest with the crypto market. But you have to pay attention to market knowledge as well as experience which is most needed for beginners to participate.
I have read here that some people even offer to start with 10 thousand. For me, it is nonsense. When you are a newbie, you can start your trading experience with many mistakes, and lose everything. |
|
|
|
I believe that before the big jump in prices we have to pass such a big dump in overall cryptomarket. Hope we are going to see green changes very soon.
A bit more than a month more, and there will be a year since that dump started. Each month we hope that the bulls will enter the market. I am a crypto enthusiast, and I think that everything will be like that soon. |
|
|
|
Actually I always check BTC and other coins' price from time to time. At first, I get so sad of the prices go down. Yet, because of my positive belief that bitcoin will dominate in the future, I am able to manage what I feel.
I check it several times a day, and I do not find it is something very strange. It does not annoy me, as I am always online with special mobile applications. I also have the sites that inform about the crypto prices constantly. Besides it, I have installed the special application into my phone, and when I am not home, I also check it. There is nothing stressful in it. |
|
|
|
Yow guys, just an hour bitcoin price drop nearly $700 is this the end, or is it just taking its time to pump so hard, or will we wait a years like what happened before ?
It may sound awful, but I am glad about this course of events. It seems to me that this suggests that the market is alive. I am very sick of the side movement. There must be some events on the market. I don't think the crypto market will die. On the contrary, it seems to me that the turn is already very close. The crypto market will surely rise again. Many cryptocurrencies fall critically before the time when they start growing again. Let us wait for at least a month or more to come to some conclusions. |
|
|
|
|
At first time I was very interested in cryptocurrencies and EOS especially. But after some close looks, I use crypto coins that are at the very top rating. I don't think that it has any sense to waste your time on anything other
|
|
|
|
This is an early stage in the development of the digital economy and therefore useful projects will eventually give even more profit
We all are lucky that we are involved with bitcoins and altcoins in one way or the other. The future is of the bitcoins and digital assets. I also buy the bitcoin because i know one bitcoin will be worth millions in the future. Remember it just the start and no one can imagine how high demand and price of bitcoin will increase. I do not buy the cryptocurrencies for fun - it will be a very strange choice for it. The crypto is one of the best investments. We have come to the new era of the blockchain, and BTC and some alts are our future currencies. |
|
|
|
|
I think that now it is better to invest money in top coins. In such market it is very difficult to collect the required amount for ICO and project tokens often do not give profit.
|
|
|
|
Very hard to predict the future, but to start trading when all crypto dumped more than 80% will be good times because the price has potential to going up because the price oversold. We have to use stop loss in trading because level support can be resistance, the price of crypto really unpredictable so we have to create better management of risk.
Of course, the risk that you can fail is still very high. However, it is really the truth - the prices of the cryptocurrencies fell a lot. Now, the time of the bull run will come, and the tokens will go up. |
|
|
|
Hello,
I have several questions?
The maximum supply amount of bitcoins in circulation is 21 Millions.
The amount that are mined so far is more than 16 Millions (more than 79%)
What is going to happen when the 21 Million limit is close to be reached?
Since it going to be more and more difficult to mine bitcoins, does that mean that the price of a transaction is going to be extremely expensive?
Thanks for taking the time to answer :-D
I honestly believe we all are aware of this fact already that Bitcoin will soon be completely mined. The 21 million will only be transferred between one person to another in exchange for whatever service. Yeah, that time will definitely come, bitcoin will not be able to be mined again, while the amount of bitcoin is limited, of course it will soar the price of bitcoin to be very high. that is a sure thing to happen, if currently 79% are already mined, it means less a few years away bitcoin will not be able to be mine. my suggestion is to keep your bitcoin, bitcoin will be very valuable then. Well, after bitcoin mining is finished, the value of bitcoin will increase very high but I believe this will not last long and then, bitcoin will gradually go down and began to go sideways, stabilized because the miners, the big whales of the market were no longer benefited when they were not mined. And they will definitely move on to another currency, maybe that would be a bitcoin alternative currency, although bitcoin's position will not be shaken but the community and its popularity will fall to the bottom I guess that the price of the last mined Bitcoin will be extremely high. However, you are right. After some hype around it, the situation will be stabilized, and BTC maybe will slowly go down. |
|
|
|
The inevitable is the transition from cash to cashless payments, and then from fiat money to cryptocurrency.
Have you ever thought what can happen to the people, who need to buy something urgently, when the Internet or electricity is off, and they have only the cryptocurrency? Fiat will live always. |
|
|
|
how do you feel the market hopes there is changes now, because some months ago there are some person's(me) here in this forum whom has been worried about the market price but today the market is really up... $245.15, so hopefully there is change in the market.
what do you think?
For me, the best month is December. I hope that the market will begin to recover in December, and in 2019 there will be an absolute growth of all cryptocurrencies. |
|
|
|
As we can see , there are sop many active and newly published ICOs nowadays. I think the reason behind it is the number of people or organizations who wants to have their own currencies are rapidly increasing but they don't know the risk if they really gonna engage their lives on it. It still depends on how they gonna managed their own ICOs towards it's success.
The world of cryptocurrency is the world of fast money. Many companies want to attract attention to themselves entering the market with ICO. During the ICO period, a lot depends on advertising; companies do it to make themselves known. |
|
|
|
I do not want to sound like a negative person but I doubt that all of the cryptocurrencies will be able to restore the prices, which they had in December 2017-January 2018. Nevertheless, most of alts will grow.
At some time, everyone starts to worry about falling prices, but this is a market and it is unpredictable, there are always risks just have a little patience. December will be the beginning of a good time for the market, everything will recover. |
|
|
|
Bitcoin is the first cryptocurrency and it is a benchmark and occupies a large part of the cryptocurrency market and has the largest capitalization
The secret of bitcoin in its popularity, it is one of the most mined coins. It has established itself in the market very strongly and a lot of participants in the market depend on Bitcoin. I am sure that its popularity will never fall down. |
|
|
|
|
When a newbie comes into the market, he does not know its rules. He simply wants to earn as soon as he can - and often, he fails. When such a guy does not get the desired income, he sells everything that he has (the cryptos, I mean).
|
|
|
|
There are several tax options today, and all of them can be applied to crypto-currencies, depending on how the latter are defined in the state. Most often, the following taxes are introduced: - Value Added Tax (VAT). It can be levied by trade operations made with the help of crypto currency as a means of payment, as well as currency exchange. Basically - the exchange of crypto currency for fiat money, but in theory VAT can be levied on the exchange of crypto currency between each other. It operates mainly in those countries where crypto-currencies are recognized as a payment instrument, for example, in Japan. When buying goods and services for cryptocurrensies, VAT will also have to be paid to the residents of the UK, but they can exchange the crypto-currencies for fiat without paying VAT.
- Tax on goods and services. A kind of analogue of VAT for those countries that have recognized crypto-currencies are not a means of payment, but a commodity. Acts on the same principle as VAT. Only in the case of VAT, the taxpayer is in fact a buyer, and in the case of a tax on goods and services, a supplier of goods and services, in this case a holder of a crypto currency. He has been working in Singapore for several years. At the beginning of this year, a similar system was adopted by Israel with respect to the mining, which was equated with the production of goods.
- Personal income tax. Personal incomes in crypto-currencies are taxed, for example, the salary paid by the employer in bitcoins. Implemented, for example, in the US.
- Profits tax. They are subject to any companies that make a profit. Also, they are subject to profits earned as a result of trading on the exchange and the performance of other currency transactions. In the cryptosphere, this system is used specifically to tax the crypto traders and various crypto-currency organizations (from the exchange of crypto-currencies to the pools for mining). Mining may also be subject to profit tax. In the US, for example, take into account the profit from crypto-activity in the tax declaration will have to be traders and miners, and all people who somehow earn on crypto-currencies as a result of speculation. The same tax is levied on all crypto-currency transactions made by legal entities in Australia and Japan.
- Capital gains tax. They are subject to income of individuals and legal entities obtained as a result of investing in shares, bonds, securities, valuable assets and so on. In the cryptosphere, it starts acting as soon as the crypto-currencies are equated to valuable assets. Not only investors fall in, but all holders are also crypto currency. This system is implemented in the US, where it matters how long the holders of crypto currency keep them and in what quantity. He also works in Australia, Brazil, Canada and in many EU countries - Bulgaria, Finland, Germany, Spain and others.
- Property tax. For the cryptosphere, it becomes important when the crypto-currencies are recognized as property, a valuable asset that is owned. As soon as such an amendment is made, the holder of the crypto currency is required to notify the tax service of all transactions concluded with this asset. Such an amendment was introduced in the US tax legislation, where the crypto-currencies in this case are presented as a valuable asset, and in Australia, where they are recognized as property.
What do you think about the taxation of cryptocurrencies? Which model fits best? Well, to my mind, it is really hard to tax on cryptocurrenies because cryptocurrency is decentralized and anonymity. The government only can think about taxation on cryptocurrency if they can control it. Absolutely right. They can even take the law about the taxes on the cryptocurrencies, but this law will not work in reality. How will they track the people, which are working with the cryptocurrencies? |
|
|
|
I am afraid to invest the large amounts in cryptos. There are a lot of scum projects, the crypto's price is low and ± stable, the market is frozen and I don't expect the sharp fluctuations of the course .. I set up a bot that trades for me. I recommend you Trade Santa and Cryptohopper.
Better, visit often the site which is known almost to everyone, who is dealing with the cryptocurrencies. It is called CoinMarketCap. There, you will find the tokens, which will give you the profit, when you invest in them. |
|
|
|
Unfortunately, many of our desires were not justified, and 2018 brought great disappointments. ICO industry looks very sick now.
Everything happens because the market does not stand still. This year was difficult, but I’m sure that December will be the month when the market starts to grow. |
|
|
|
|
Very useful article, I think it would be interesting to create a separate forum where participants could only give to us some information about companies that turned out to be scammers.
|
|
|
|
From the beginning I like ethereum, eos, neo is my favorite because I believe that the three coins with the advantages they have have good potential to be invested.
It is difficult to pick only one favorite as soon as I have several ones. First of all, I can say that it is Ethereum. The next 3 altcoins I love are NEO, Cardano, and Stellar. Qtum, EIDOO, Credits, and KickCoin are also good. |
|
|
|
|
Show Posts
