I do cryptocurrency daily to support my family to save some money and to earn it from Bitcoin
Seems like a lot of people are in the same boat which is really nice  |
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Totally agree, with shorting you can always miss the train and great chance to be on it.
I wouldnt even try and marginal trade with cryptocurrency period right now, way to hyper and way to many shit coins like Bitconnect are still running. |
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It is really a good news that KFC is now accepts bitcoin. No matter it is a advertising technique or marketing technique lot of bitcoin users will be physiologically it give us a positive thought and confidence more about bitcoin future and this can lead other food chains also to accept bitcoin as payment. What ever it is it is good new for bitcoin users.
I think it does help to some extent, but not as much as some people might think. For bitcoin users we know its not worth it to actually purchase the chicken. For others, they might hear about it, however bigger companies like microsoft and overstock have been accepting it for awhile. |
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will suscribe! good videos, but you need better micro
Thanks! What would you recommend? |
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For the full story check out my YouTube video : BREAKING NEWS: Bitcoin takes a HUGE dip, Regulation becomes a concern and MUCH MORE! What do you guys think about the recent events of China, Korea, Coinbase international wires, and bitconnect possibly exit scamming? Lots of regulation in the news, which is scary in some aspects. However, I believe this is all just FUD and will go back up as it has many different times. It is good to point out ( if you are new to cryptocurrency ) that China has "banned" bitcoin many different times at its peak. Such as $30,300 etc $30,300? When was bitcoin ever at that price? Most of the problem of the last week was simply FUD, crackdowns are obviously damaging but not nearly as much as was suggested in the market. Regulation can be seen as a good thing to prevent any major issues in the long term, it may limit the market slightly but it makes it a much safer and stable market. Will edit that lol, I meant to say $30 and at $300. As an example of times when china has done this before. |
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Thx for sharing. I've had my doubts about the btc pumps correlated with USD tether generated out of the blue prior to each pump. This would destroy btc but more important: Losing faith in crypto in general.
How would an increase in Tether influence the price of bitcoin in any way? Unless you're considering usdt to usd but even then, as long as supply increases in line with demand then there won't even be any real change there. Tether can grow as much as the crypto industry grows. If random tether it created, bitcoin can be purchased to drive the price back up. This is a main concern that is around the market with the recent drop and then sudden rebuy of bitcoin. When tether is randomly printing tokens, its "USD" backing is then not stable since it wont be able to afford to pay everyone out. Its not a good situation. |
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good for them. when's subway gonna do the same thing?
I dont think you can buy it directly, but there are a few sites that let people buy giftcards with bitcoin. |
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Another red day in the market, which will allow first time investors a good way to join.
Yes, I believe that in every dip is an opportunity to buy some coins and tokens for cheap. This has been the cycle ever since with Bitcoin and cryptocurrency in general. Funny is that when Bitcoin is surging into 20K level, so many so-called experts are warning that the bubble can pop anytime and people will be losing their money as if Bitcoin will be gone for good. And now that we are undergoing the necessary correction, the same experts are telling us that Bitcoin is collapsing and we should not get involved with it because we might be losing money. Weeks from now, when Bitcoin will show some good signs of recovery and will slowly inched its way up, the same experts will be warning us with the same message but maybe said in another way. Should we continue listening to these experts, we might as well leave cryptocurrency for good and never come back even if Bitcoin is already valued at 100K or even more. People who are afraid should never get into cryptocurrency because certainly there are risks involved. Any kind of market can be risky as there is no real guarantee in this world. At 20k it isn't a bubble in imo but even if you are going to hold long term, you should try and buy it away from its high. Even investing in these "blue chip" cryptocurrencys you will find high risk which is certainly a misconception that a lot of people have on the market since we have seen huge gains before. |
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Nice write up, thank you for the efforts. I do research before investing in any coins or ICO projects. Research is essential in investing, especially with your hard earned money.
No problem, I appreciate the comment |
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Usually news are used by speculators just as a pretext for pushing the price up or down and make a profit. BTW I would not put Bitcoin and Bitconnect in the same discussion - they are two completely different things.
Yes of course, this was more of a generalized thread of different things going on. |
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“Hodl” is not a good strategy, because it assumes you have invested in a long term coin. When investing you should be evaluating the market often, and reading market and specific market news. If you just “hodl” blind it won't be very effective. If you are not going to research you should get a financial advisor.
Thanks a lot for these many tips you are sharing here. I think newbies in trading should be listening to you so they can avoid the many pitfalls and traps that are just laying around. I am not really a good trader myself that is why I love reading ideas and tips coming from someone who is already into this whole thing. As to the idea of HODLING it is for the long-term...like buying it now and just forgetting about it for some months when the value has already risen enough. The 'hodl' strategy can only work if the coin or token is really a good project so we have to avoid those 'shitcoins' around as many of them don't really have a future and just made for the pump-and-dump segment of the cryptocurrency market. I appreciate the comment Yeah I mean the strategy can work and people can get lucky. The only issue is that most coins suck, and so if you give someone the advice of generally to hold. They generally will be holding shit coins you know? It is okay to hold, but you shouldn't hold for the sake of holding. You forgot to add plenty of coins in there, first of all, where is Horse in there? You can easily make a x10 just if you buy that coin.
It is below $0,20 cents right now, and it is being traded on IDEX, i have already made a x5 since it got listed.
These are the type of things I am trying to avoid and have others avoid. Not that the coins are bad, I dont know them. However "easily 10x". Go get a loan from an institutional investor and become a millionaire if it is easily 10x. niccee, thank you for incentive strage
You welcome Thanks for this wonderful video, it really help a lot for a new trader like me. In my opinion the top 10 or top 20 ranking on cryptocurrency market are also like a blue chip investment in stock market like they are now in a slow gain but stable for a long term investment unlike other coin are also like a penny chip where it has a higher gain but for a short term investments like pump and dump.
You are welcome Yeah they are "sort" of like them, however like I noted in the video any cryptocurrency is still very risky. |
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A good long list worth to go through. Obviously you did some homework on the coins. Thanks for sharing!
Thanks I appreciate it |
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for myself in the year 2018 I focus on investing in Ethereum alone because I really like this coin.
Yeah for sure, and if you can find the best Ethereum project ( which I would say is OMG ) then you can make a nice profit |
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A good list, I agree with almost all coins, especially I like DCR think that this coin is very much underestimated
Which coins would you disagree with? Yes I am very happy that I found out about Decred |
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Thanks for the excellent strategy, not often someone would like to conduct a thorough analysis in the world of crypto-currencies. I can add from myself that if there is not enough time, you can concentrate on infrastructure projects, some of them will die, but some will become unicorns. For example: EOS, Wanchain, Icon.
Thanks I appreciate the kind words A good read bud with some solid advice. Thx for taking the time.
No problem I am glad you enjoyed it. No WALTON?
Why bother having 1% in bitcoin?
It is more of a novelty of being able to say I own bitcoin. However if you are making a connection that 1% wont be a lot of money, its relevant. I prefer to have a part of my portfolio in ICO's of blockchain/fintech projects. And around 5-10% in microcap coins - they have a potential to make x10-x100. This can be seen as a "shotgun" approach.
I have not been a huge ICO investor, however I have bought into a few that didnt make the list because I either sold them on an exchange or they aren't even 1%. I also make some investments in projects and things like that around cryptocurrency. Not just coins. Yeah I mean that certainly plays into the risk management, if they are going to 10-100x then that is rare and shouldnt consume a large % of your portfolio unless you just want to gamble. you choose minimum risk bro your profit will be good and bring minimum stress for you.. I have been invested in cryptocurrency since 2011.... so I got bitcoin very cheap, and have gotten into the other currencies early. Not saying I have a ton of money, but yes I realize the market caps are high now but when I invested they weren't. So I am perfectly fine ridding them out and they still have a lot of room to grow since they cryptocurrency is undervalued. I wouldnt say "minimum stress" because cryptocurrency is very risky, regardless of if you buy bitcoin or Ethereum. |
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My YouTube video that explains it : 2018 COIN PORTFOLIO and.... TRADING STRATEGIESMy Portfolio 42% ETH 24% OMG 10% DCR 10% WAX 12% DSH 1% XMR 1% Bitcoin Below I will list links to my Medium articles which will explain everything you need to know about them: Understanding EthereumEverything you need to know about OmiseGoWhat is the Cryptocurrency Decred?Wax cryptocurrencyThe hype around the cryptocurrency Dash!What is the cryptocurrency Monero?Intro to trading Making money is relative, if you have a million dollars but invested $999,999 it seems less impressive than if you started with $1k or even $500k. You should be more focused on percentage gains, 10%, 20% etc. You can make a ton of money and people have made millions, but lets bring it into reality. In order for you to make money someone needs to lose out. Someone has to sell the coin for less, or buy it more expensive than you did in order for you to actually make money. So there are losers and winners in the market, not everyone is going to win the same and not everyone will lose the same. Thats life. The best thing you can do is spend time to actually research the market and study the different coins which can be very time consuming. If you dont have time and want to make money, you should be investing traditionally where it is regulated and you can get a financial advisor. If you have time, you can research and it could POSSIBLY be worth your time. Yes investing in random coins can make you money, but not intelligently. It is possible to make money and have random gains however over the long term you wont keep making money. Coins and ICO’s are moving into new directions and it will become harder to find the best ones that will have long term gains. Trading strategies “Hodl” is not a good strategy, because it assumes you have invested in a long term coin. When investing you should be evaluating the market often, and reading market and specific market news. If you just “hodl” blind it won't be very effective. If you are not going to research you should get a financial advisor. Free roll method - If you don't like risk, you should try and attempt this method. You should never invest what you can't afford to lose, but if you get some money for your birthday and decide to invest this might be the best option. The free roll method is when you invest $1,000 and then when it goes to $1500 or $2000 typically you will withdraw your original $1000 and Free roll your investment. Now you can sweat the market without having any of your actual money into it. Now of course your investment is not guaranteed to go up, so it is assumed you actually do research and find coins that have a good chance in increasing. This method can also be used in riskier coins, that you got lucky on that actually made money. Buying in at different times - This method is used when making an initial investment. You shouldn't be buying coins that are at a high or flying up 100%. You should be buying coins that are down and have a chance to reach the appropriate high. So for example if I want to buy X coin with $1000 and its down 10%, I will invest $500 today which leaves me with 500 left to invest. Then if it keeps going down, I can invest the other $500 or do 300 and then 200. If it goes up, my investment would have been better obviously if I had purchased it from the start. This is another conservative investing strategy.
Understanding risk management Depends on your risk tolerance, but typically older people have less risk and younger people who don’t have a lot of bills will assume more. If you have high risk, then you will still want to make less risky investments to save you. ( And vise versa ) |
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Share the link
A link is in my signature, and then you can find the channel easily. Thanks you for great link  Thanks I liked the YouTube channel and subscribed too. One question - what’s your strategy to market ? Global or regional community ? Based on this answer, I might be able to provide inputs
I am not marketing currently, I am an enthusiast not a marketer trying to advertise and promote to make money. Great vids Tim. Are you on Telegram at all?
I do have a telegram but dont typically use it. PM me if you have a question and maybe we can connect. The worst thing about youtubers are the ones who always put the title as a question in their title. Give us answers, don't use clickbait to try to get views. I don't click on those youtube videos who keep doing that.
I do agree, and even think I might have 1 or two videos with questions however I wouldnt classify mine as clickbait. |
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According to CoinmarketCap OMG is at $13 per coin. This is a perfect opportunity for people to make a first investment or bring their position down. And now it is $18.72.. would have been a nice little buy. Anything under $20 will be a good buy in 2018. |
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It is a good thing as it will legitimize bitcoin for a lot of people that are not involved in it at the moment.
"Hey, I can buy my food with bitcoin now, this must not be a ponzi after all.. Maybe I should look into buying a bit?"
But lots of places like overstock, Microsoft etc have been accepting it and that didnt cause a huge pump in people using it. |
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