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41
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Time to Sell Altcoins
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on: October 21, 2019, 11:11:07 PM
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I think the best time to sell your altcoins is during the market bull run, during a bull run you can make a tonne of money. You are right for not HODLing altcoins for the long-term as they have no guarantees. Many altcoins don't last for a year and the best time to sell is when you make a profit over your money.
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42
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin SV vs ETH
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on: October 21, 2019, 11:06:02 PM
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Is investing in Bitcoin SV will be more beneficial as it haven't shown full potential yet or ETH will still be dominating in the time to come and should hold onto it ??
I don't trust Bitcoin SV so I rather stay with Ethereum. But if we are talking for profits while trading Bitcoin SV has more compared to Ethereum these days. Some crypto traders are now making good profits trading bitcoin SV in the current market conditions. Even with all that I still trust Etherum more. |
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43
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will BNB reach $50 This Year?
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on: October 21, 2019, 11:00:30 PM
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BNB is a very good altcoin as it is one of the most profitable yet stable altcoin in the cryptocurrency market. One of the major reasons why many people believe in BNB is because it is backed by the Binance.com - The world's biggest cryptocurrency exchange BUT with all that I don't see BNB going near $50 because there is no bull run in the market.
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44
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will there be an altseason this year?
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on: October 16, 2019, 11:13:49 PM
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Bitcoin seems to be having a jolly ride this year, and the alts aren't following suit, just a little gains here and there. And with the increasing percentage of bitcoin dominance which is now over 60%, do we see the alts pulling massive gains this year?
Seems like this year belongs to the bitcoin as it dominated over 66% of the cryptocurrency market as we speak. the entire altcoins market is left with only 33% in market capitalization. The bitcoin alone got over $145 billion market capitalization while the entire cryptocurrency has only $220 billion. thus, I think the altcoins season will come maybe next year 2020. |
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45
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is the altcoin bull started
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on: October 16, 2019, 11:07:19 PM
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Nope. the altcoins bull run didn't start yet maybe in the fourth of this year 2019 we will see some improvement from the market. there is no doubt, the majority of altcoins bull runs immediately started after bitcoin bull run ended and this time also we are expecting the altcoins bull run to follow after bitcoin.
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46
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Etherium 1000 $ is a dream to everyone !
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on: October 16, 2019, 11:01:14 PM
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Oh my god after the fall down of etherum from 1400 $ to 200 $ what do u think of the soon futur of etherum?! .. my opinion is etherum will get to the top again it's normal when it's so down with every other coin or bitcoin.. can i use patience as a smart solution to get rich with 4 ether now !
Indeed, be patient my friend you will definitely see the outcome. The cryptocurrency market crashed while ago and the market is yet to recover so it is a very good idea to buy more altcoins now not only Ethereum so that when the market is fully recovered you would get huge amount of profits. |
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47
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy now or wait?
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on: October 16, 2019, 10:55:38 PM
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I think that depends on your form of investment whether long-term or short-term. If you are buying bitcoin for long-term let's 4-5 years you can buy it now because you are holding your bitcoin or altcoin for long-term. But if you are buying bitcoin for short-term it's better to wait for a dip before you buy.
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48
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin price recovery
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on: October 16, 2019, 10:49:03 PM
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I think there is nothing to worry about altcoins price recovery. people need to be a little more patient sometimes. the cryptocurrency market was crashed so it is going to take some time like 3-4 years for the market to fully recover. We all need to be patient right now and stop yelling all the time.
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49
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Economy / Trading Discussion / Re: Best Cryptocurrency Exchange
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on: October 15, 2019, 07:05:51 PM
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the only way to find out this is by checking at the cryptocurrency trading volumes using coinmarketcap.com The names start from BitMex, Fcoin, P2PB2B, CoinEx, Binance, LATOKEN, FatBTC, Coinbene, MXC, LBank, e.t.c.  https://coinmarketcap.com/rankings/exchanges/reported/ |
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50
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Economy / Trading Discussion / Re: Can I still get wealthy through Bitcoin?
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on: October 15, 2019, 06:53:50 PM
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If you will invest right then you can still get wealthy through bitcoin. It is all about having a decent system for yourself to follow because that will become the rules and regulation for you in terms of investing. You can simply invest in bitcoin and forget about it for at least a year or you can actively trade your bitcoins to make it grow in a faster phase.
Be sure that you understand very well your investment no just in a short period of time and the risk includes this. Indeed, Absolutely! All you need to do is to trust in bitcoin. As long as bitcoin exist there was still a big possibility that you'll be able to get wealthy. You must invest as much as you can for now since that value of bitcoin drop down this time so you can be able to buy it at a cheaper price then earn a big profit when you sell it. The basic rule of investing in cryptocurrencies. Bitcoin is a very promising coin and it does will bring wealth to someone. If you remember a man who bought a pizza with bitcoin, if he does trust in this coin then I'd say that he will be a damn rich. Basically what I am saying is that bitcoin could change someone's life in a matter of time and through investing in this asset you can be rich someday. Buying right now is a good choice since it has cheap price hence if it makes a move and uptrend comes, this will be definitely a big return. We are still in the early stage, so there are still some ways for us to earn more Bitcoin, we have mining, trading, investing that if we will study can make us rich someday, it's not instant, its a process so if you will take it seriously we can become wealthy depending on how much you are devoting your time, risking some money and your dedication. I think the time of getting rich with bitcoin is almost over unless if you are planning to buy and hold you bitcoins for the next 10 years. the bitcoin price already skyrocketed and doubling in value doesn't to be happening any time soon. if you look at the market now can you tell me when do you expect the bitcoin value to double in price? |
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51
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Economy / Trading Discussion / Re: Smart hodling vs just hodling
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on: October 15, 2019, 06:42:20 PM
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There are a lot of short term trading opportunities available in crypto market. Since, the market really very volatile and there are frequent short term trend change, short term trades can be really fruitful. I agree for the people who doesn't know trading much, long term as an investment opportunity in crypto is better. But they can play with stop losses and keep a check on price and trends which are quite visible and structure their investment accordingly.
Those who do not have idea about trading techniques consider short term trading highly stressful and hectic whereas experts make great money by this profession. Crypto has tendency to accommodate both kinds of traders whether they are long term traders or short term because altcoins are good for latter and bitcoin is best for former. Trading is not just an easy to make money, you need first to have a deep study on it and probably you may encounter a big loss. Well, I would prefer smart holding rather than just holding because we all know that holding is a really great investment for you to earn big profit in a long term but smart holding is great as well because you don't need to wait for a long time. As long as you can earn even a small profit would be fine as long as you are earning fast. You can't expect heaven at all times in trading, though it feels so easy while good times was there for us, but for such a long time of risking our personal savings, our money, wealth and dreams I don't think it's worth it. We may think we're smart enough to handle things with trading, once you've seen the outcome but first and foremost never take for granted the possible crash on the value of you asset. If we find its gaining a quicker profit that might be efficient for your spending needs, don't hesitate to sell while it's profitable, because you'll regret if one day that asset will become undervalued. I don't hold bitcoin or any altcoin at the moment. I only consider holding bitcoin and altcoins during a market bull run in order to get profits. I don't believe holding bitcoin is profitable all the time because at any time the price will fall that is why I prefer holding during the bull runs. |
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52
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Economy / Trading Discussion / Re: Where to invest my $1300 USD?
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on: October 15, 2019, 06:35:00 PM
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Hi guys, where do you think should i put my remaining $1300USD? Any suggestion please? and why?
As a beginner, you need to invest your money into top 10 cryptocurrencies which are the following: - Bitcoin - Bitcoin cash - Litecoin - Ethereum - Ripple - Binance Coin - Dash - Monero - Tron - Cardano I think you should invest 40% of the money into bitcoin and divide the rest for 2-3 altcoins. |
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53
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Economy / Trading Discussion / Re: Does trading fees really matter ?
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on: October 15, 2019, 06:26:57 PM
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Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?
Trading fee will not be an issue for a long term trader but for an intraday trader it does because they need to do multiple trades to reach their daily goal but at the end they may paying half of their profits as trading fee if they pick an exchange with high fee. I agree with you . If you are a long-term investor, you don't need to much attention to transaction fees but everyday traders need this as each of their trades may be affected by this fee. In fact, a lot of exchanges have a 0.1% fee and would be great for those traders. I am personally using Okex and the fee at this exchange is very cheap for all investors. This is the reason why binance having more traders in very short term because traders get more discounts on trading fee if they got BNB on their wallet.I am okay with paying 0.1% fee but for most its high enough to eat their profits. Trading fees really matter since the entire trading purpose is to get profit. You should know not every time people are gaining 2% profit. sometimes people are losing money while trading in the market. thus, people prefer exchanges with less trading fees compared to the expensive ones. |
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54
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Economy / Trading Discussion / Re: Which one you buy Bitcoin or Ethereum?
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on: October 15, 2019, 05:54:14 PM
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Yesterday the price of Bitcoin was $9700 and today the price is $8500. Yesterday the price of Ethereum is $200 and today the price is $170. So which coin is prefer to buy?
For me, I always prefer investing in altcoins since bitcoin is quite expensive these days. Altcoins turn out to be cheaper and more profitable for me. if I were to choose between bitcoin and ethereum when it comes to making cryptocurrency investment I will always go for ethereum or litecoin since they are cheaper. |
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55
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Economy / Trading Discussion / Re: Savings Vs Investment?
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on: October 15, 2019, 05:49:18 PM
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I'm actually saving my money right now as a prefer investing when there is an active bull run in the market. If you look at the market right now you can see altcoins are doing so well which is a great chance to buy altcoins but I prefer not to until the right time when the market is gaining momentum of course.
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56
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Bitcoin / Bitcoin Discussion / Re: First Cryptocurrency?
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on: October 14, 2019, 10:15:55 PM
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What made bitcoin survive is that it is decentralized. There is no central point which can be attacked and shut down. Past attempts to create a digital currency all failed because they were not decentralized and/or because they couldn't solve double spending. Bitcoin is the first peer-to-peer digital currency. Bitcoin is the first truly decentralized digital currency. Bitcoin is super successful today because of these two things: A peer-to-peer network, and decentralization. |
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57
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Bitcoin / Bitcoin Discussion / Re: Every tiny piece of Bitcoin is worth it!
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on: October 14, 2019, 10:10:37 PM
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Back in the days i used to disregard some pennies of my bitcoins in several exchanges thinking that these coins would never be worth it looking at its price at the moment. However, this idea came into my mind about some few weeks ago that what if Bitcoin reaches a double of its previous all time or even greater once this long awaited global adoption sets in. Seriously this made me think twice and have made me roam through all my exchange accounts and wallets making sure that i have access to them in order to cash out all those pieces of bitcoin if they ever become worth it again. This may sound quite silly but i am quite optimistic about it  This is a good idea as I once left some chicken change in my Xapo wallet. I was early 2016 when bitcoin price is somewhere around $400-$500. The first time I tested buying bitcoin using paypal with VirWox. I bought bitcoin for $100 and I have no idea where to spend my bitcoins until late 2016 when I know about purse.io. I spent $96 and left only $4 by the time bitcoin reached $17k-$18k in 2017 that $4 turned to $46. it is a good idea to maintain access to all your wallets. |
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58
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Bitcoin / Bitcoin Discussion / Re: Bitcoin Nodes in Space?
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on: October 14, 2019, 10:00:01 PM
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SpaceX is planning to start taking people from Earth to Mars by 2025. they started building a colony on Mars already with the support of the U.S government. so it is about time we will start hearing bitcoin nodes are going to be installed on either space station or Mars colonies.
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59
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Almost all the altcoins in red again!
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on: October 09, 2019, 11:38:58 PM
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I just came back from work now and find out that all the altcoins are in red except few one. I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
It was the market crash since 2018 and the altcoin market hasn't been recovered since then. the altcoins market is down to the bottom right now, the coins are dirt cheap. so if you are planning to buy some altcoins, now is the right time to buy. buy them cheap, hold them, and sell them later when the market is recovered. |
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60
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH Value???
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on: October 09, 2019, 11:30:32 PM
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Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?
ICOs are the major reason why ethereum prices skyrocketed within the last 2 years. Now in 2019, there are very few people who have an interest in ICOs. Many people now realize ICOs are a big waste of time and money. thus, they prefer investing their money in bitcoin rather than ICOs or etherum. |
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