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Just putting your crypto wallet address won't do. The hackers got your private key most likely which you should have provided back up before this kind of incident happened. Doubts on getting your wallet back is less likely now, you'll get your wallet but your funds might be a goner now.
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Not really, what do you mean. This sharp downfall of Bitcoin doesn't make it that it is more demanding. It could be in demand soon, but that is just a merely a speculation. And what do you mean by, no need for increase of demand? Are you implying for it to be stable between x'k to y'k per USD? |
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Not for now, it's obvious that no one would sell. Why would they anyway? It is just that they should just be taking advantage of the current trend we have right now instead of quitting it and calling it "outs" when the market doesn't act according to their plan. There might also be a chance that they can manipulate the market if they got the chance of buying a lot.
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Ask yourself. Regardless if you're some employee working on a company that utilizes Bitcoin for such payments or just an ordinary person that lives a normal and happy life. Is there any hindrance in your utilization in Bitcoin? Does the price swing matter that much? Of course. Everyone within Bitcoin or the crypto community is affected. Is the effect that mutual? Almost. It only varies in how you use it. Daily life or simply just for your own convenience. It is for everyone.
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It isn't and it is. You're passively earning and losing. Simple. Unless that you're making some movements with your coins with an appropriate strategy then I guess you're not gonna lose that much. Holding isn't just practically keeping your coins in a manner. It is also looking into the market's status and taking advantage of it plummeting then proceeding to buy more then wait until the storm is over.
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I wonder how many sells happened during the sudden drop. Panic is such an inevitable word to say at this point, because even in such a sloppy drop of price, people would panic so easily now. Instead of just taking advantage of the low price, they just can't make up their strategy. It sucks because emotion is what drives people the most to sell immediately. Emotional trading? Don't get me started.  |
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Looking at smaller picture in the chart, it looks like it suddenly died. It's like a slit throat to the price in an instant, but looking at a bigger image, we can see that it is practically just a small portion of plunge. I don't see any reason why would people panic so much about this sudden drop. It might be looking like because they feel like that it is gonna be fully stable in 6k above. It is like the cemented floor for Bitcoin for months now since that December slow downfall.
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there is no definite answer to this question since it depends on what you are planning on doing with the bitcoin you buy. there is a lot of different things you could do.
for example spending it on stuff in online or offline shops which means there is no bad time to buy bitcoin.
or you may be interested in it as an investment in which case the long term or short term of it would make a difference. for long term investors this is an excellent time to buy more bitcoins since price is not only in a dip but it is below the bottom support price. but for a short term day trader this may not be the best time to buy, since price is still unstable and unpredictable. yesterday was a good time to sell or short and to buy back at the bottom of the dip and then sell after the recovery to make at least 2 times ~9% profit but now the market seems to be calming down and as a day trader you want signals to do something.
True. It is up to your strategy. Depends on the condition of being a long-term investor or just simply a short-term investor. Short-time investing is quite a complex matter for obvious matter that you're trying to maximize profit within just a short amount of time. It is up to everyone's preference and spaces if they wanted and can earn in an x amount of time. But never ever forget the usual, which is buying at the lows and selling at highs. That principle or concept never gets old when it comes to trading. |
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I don't think that when you buy some then you will proceed to sell some. I don't know what coin could be that much independent when it comes to plummeting period of the price of cryptos in the market. I directly go into the holding whenver I buy a coin. Maybe my portfolio of investments isn't that quite big yet that's why I am stating this. However it is just my personal opinion and strategy to never sell whenever I buy something.
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It is independent by itself. That's why it can be distinguished as a digital money, thus it is different from it making it an independent tool to make payments and such. It isn't about the exchange between fiat to bitcoin that would make it look like dependent. It might seem like it is dependent because you need your fiat first before you get Bitcoin.
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Every single coin in the market were almost slit-drop. There is hard fork from Bitcoin Cash happening and I heard of this "war" or some sorts. I forgot what that article stated but worry not, since rebound shall happen after this issue. I am not quite surprised of this happening due to its stay around 6k lately.
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~ 1. trading, especially using leverage. Having tested several exchanges, I chose the www.bitmex.com exchange, because it has a very simple and intuitive interface, and it also allows you to earn bitcoins both on asset growth and on their decline (due to the fact that the trade is not conducted by the asset itself). , and a contract for it). Here you can very easily and effectively increase the number of your bitcoins. 2. MLM projects related to cryptocurrency. Here I am not talking about projects where trust management of your assets is carried out (although they can also be used, although it is more risky), here we mean real network companies (having a quality product that you can use). At the same time, the company rewards you for promoting this very product with the help of cryptocurrency (most often Bitcoin). 3. Earnings at the Bounty. Unlike the first two points (where you are earning bitcoins at the current time), here you are earning a cryptocurrency of new projects (which can later grow significantly), but only for long-term. For myself, I chose such methods of cryptocurrency earnings in the current state of the market. How do you earn cryptocurrency now? I do bounties for the purpose of having a respective amount of fund to trade, it's not a really great way to do it all the time. Through day-trade you can keep earning in a day, but it could be determined by time and luck depending on how the coin circulation within 24 hr mark is going. It's not something you could do it "full-time". I don't do such investing in ICOs yet because I don't have that bulky amount of Bitcoin to buy yet plus my speculation isn't precise yet on how a certain ICO succeed. |
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Instead of putting your emotion while trading, why not put your emotion before trading? So when you don't feel like it, you won't do crappy trades. While you're in it, you'll keep focusing on learning and adapting through market trends. Seriously, you could just be another victim of the market's mood and just gonna end up cashing out immediately whenever the market just moves a bit of a price down.
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What the hell is that kind of idea? Unless you have more partial savings for your "wants", I am pretty sure that you are passively putting funds in the other which is your needs. I don't recommend dealing that much in cryptocurrency, especially if you're just somehow not focusing too much in your income in cryptos. Just save shreds of fiat cash then decide whether you can start trading with that amount. Don't play the "All-in" game in crypto, this isn't the poker game that you would want to lose. |
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Indeed this is what bothers me sometimes, not just in the E-market but also in the physical markets that accepts these payments. How would they manage to realize its value in order to be recognized as a revenue or sales? It might cause more losses whenever market falls. Not like that their suppliers would also accept Bitcoin anyway, unless such agreement of payment method could be made. It still extends to both parties not just particularly for the seller and supplier. |
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It has been staying for too long above 6k but below 7k, I am not surprised that it might suddenly cause a really sharp drop in the curves anytime. Not that we shall conclude an apocalypse but why not try to hoard on right now. From the news that I read, looks like it is due to the hard fork from Bitcoin Cash. A rebound should happen anytime, just don't panic like a retard. This sudden drop is too "unusual" to just happen to let us conclude that the market is now dying.
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Binance would do all your needs already. You got your trading tools there, that could help you tell the margins, Technical Analysis, in short. Although searching for other exchanges would also help you because rates vary sometimes, I am just stating what could be the most relevant exchange to choose right now. Day trade or even a long-term holding would do in Binance. Go give it a shot.
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In a daily basis yes, but only for reloading my phone to able to call. I pay my internet bills with crypto in the monthly. It is very useful as for now- I don't know when it will last but I am maximizing it's utilities for now. Another is I send money to my relatives using crypto and it is the best thing that I liked about, less fees and instant transactions.
Sucks that we're kinda limited to utilize cryptocurrency that much yet, since it is yet known to give returns that's why investment becomes the utility of it first before it's various purpose the same idea as the physical money we already have. I am not fully sure if we're gonna truly reach to the point that it will be mainly a secondary way of payment while not replacing the other methods like usage of Visa, Paypal and such. I know its aim won't hurt the physical money unless government goes fully against it. |
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I have read many posts condemning the impatience of bounty hunters who sell off rewards as soon as it is received.
My question is, can bounties run and achieve success on their own without Hunters?
It took me 5 minutes to understand what you're trying to say here, and it looks like you're asking about whether can ICOs (not bounties) would succeed without their so-called bounty hunters or signature wearers that advertise their project throughout the forum. For your short answer, yes. Long answer is that they don't need these signature in order for them to get investors, pretty much referrals would do slowly. Media will help them also, through news and articles. It is up to their own marketing strategy on how would they promote their projects. There is no relevance on bounty hunters selling their rewards to the succession of the projects or ICOs in the market. |
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Going for a long-term hold for those coins that are below the top ranks. My boundary of choices goes from 10 or at least 20, where I mostly day trade those as intended. Below 20 is simply a long-term hold now, and I don't focus that much on investing large quantities of alt coin. My long-term investment ranges from $10 to 20 depending on how enthusiastic I am in that coin.
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