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Warren Buffet is actually against Bitcoin and always say negative things about it. Who knows that he may have some Bitcoins secretly or may plan to acquire some, my thought is, he is too old and his thoughts is also like him so it is strange for him to get into Bitcoin. Old school guys never accept latest technology that easy. Innovative technology always far from the reach of old school guys.
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I think there is some correction happening in Bitcoin and the current price may not go down beyond that it seems. You may saw the last 3 to 4 weeks price trend and it is slow and steady price rise, the standard price rise will not come down that much quick. We can expect the price rise from tomorrow and before this month end Bitcoin may reach $11000 is my prediction.
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Its is always the golden rule like buy when the market is down or red and sell when the market is up or green. As you said it is easy to earn profit when the market is in red also by buying some cheap price coins and hold that for some time until the price rises to the one we desire or when the price reaches the moon. The skill here is when to buy when there is red and it is really a cheap price or not.
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I think NEO is a sleeping giant and this coin has good potential to grow in a steady manner. When all the crypto currencies was down, this coin was gradually raised and was stabilized in a particular price. The market cap and the potential is too god for NEO, one can invest in this coin without any hesitation and I really like the way the NEO team drives the crypto to the next level.
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Altcoins will exist until Bitcoin exists and Bitcoin exists until the world exists. Altcoins don't have a different technology or concept to watch and it is a part of technology and the concept used by Bitcoin followed by these altcoins. Don't worry about it and as I stated Altcoins will survive until Bitcoin exists.
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India haven't banned Bitcoin or crypto and they are going to come up with some regulations probably in June this year. There is false news roaming in social media that India has banned Bitcoin but that is not true. They said that all the central banks transferring fiat to crypto or crypto to fiat need to stop their transactions within three months. They are planning to introduce a crypto for themselves also.
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What on earth isnt RISKY?  *Getting married is RISKY *Staying unmarried is RISKY *Getting a job is RISKY *Keeping a job is RISKY *Getting out of the job is RISKY *Starting a business is RISKY *Investing ur money is RISKY *Getting rich is RISKY *Staying poor is RISKY *Meeting new people is RISKY *Leaving alone is RISKY Rejecting Opportunity because of doubt is RISKY *Everything is RISKY If you think investing is too risky, then wait until you are handed the bill for not investing. If you try to avoid the risk, you gonna live a very small life😔. U must learn to manage the risk. No one in particular was destined for success, everyone is invited to succeed. Take the RISK , You will win the RACE So it all depends on how you think/look at it. Be positive beloved! The journey is just an beginning  )) Crypto will change the world !!!!!!!  Good to see your post with all the risks involved in life. It looks like a poem and nice to read as well. As you mentioned without risk nothing we can get in life, if we risk something then we can gain from that with good results. Success first step is always taking the first step of risk I believe. Not only in crypto, we have risk on all markets which directly or indirectly involved with money. |
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With the current market situation it is very hard to double your profit. May be after a couple of months you can double but I doubt whether that is possible in 2 months. Crypt currency market is always volatile but we cannot sure you that the investment may be double or triple within a short term. I think it is bit difficult to double in 2 months at this situation.
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As of now most of the coins are very cheap and you can buy any potential coin at this point to get some better profit. As the simple rule says, buy when price is down and sell when price is up. Current situation in crypto currency market is the best opportunity for investors who is going to invest either long or short term.
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Nothing is going to replace Bitcoin, there is no coin existing in crypto market or will come in to existence in future to replace Bitcoin. I'm a Bitcoin lover but the facts and possibility is far behind for any alt coins to reach or replace Bitcoin for another 100 years from now I will say. Familiarity and potential is astonishing for Bitcoin which no come can near it at least half of it as of now.
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Crypto market still not stabilized as on date, it may stabilize or start its bullish trend probably after second week this month. Experts predicted that Bitcoin will reach its highest price in July and the current trend is not worrisome since there are many factors involved for the current trend including correction. May be next month we can see some improvement I guess.
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I think we need to wathc for the Airdrop and by luck few may be successful and many are not up to the mark. I randomly select those Airdrops and 10 out of 2 will pay and that too a little amount which we're getting free. We cannot predict any Airdrop to be successful in the initial stage and the growth potential of the project will yield Airdrop distribution to the luckiest persons joined in it.
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All the alcoins will jump once Bitcoin starts its bullish ride probably during this month second week. Bitcoin is the trend setter and if it has blood path then all the alt coins will be so and if it in bullish trend then all the alt coins will be bullish. There is direct impact of Bitcoin with all altcoins, I think the highest price of all the altcoins will be reached in July end as per experts prediction.
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I want to know what you guys think Is $900 realistic? I bought at $900 so I'm hoping I just break even. I don't really think it will hit back to $1000 because of the short pumps and whales taking profit repeating. May be or may not. I cannot solidly say that Ethereum will reach $900 or $1000 within this year but if Bitcoin rsie its price definitely Ethereum will follow the path. All the altcoins price rise basically depends on Bitcoin, Ethereum is also a part of altcoins so we can hear some good news if Bitcoin moves fast in its target. |
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History repeats itself on most of the things but for Bitcoin it won't in terms of crash I believe. In 2014 the familiarity and the demand is far behind and the crash may happened due to some reasons but not Bitcoins familiarity and demand is very high, crash kind of thing won't happen now. The current price fluctuation is just a part of volatile crypto market I guess.
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Hello,
A question of a beginner, I read several articles that say better invest in bitcoin only (most of articles are from 2015-2016), but as bitcoin exceeds now $2500, I do not know if this rule still holds.
I want to invest a lot of money (let's say $3000), but I do not know if I have to invest only in bitcoin or other alcoins? What do you recommend?
Thank you
Investing only in Bitcoin is a good idea but I suggest you to split your investments like 50% into Bitcoin, 25% into Ethereum and remaining 25% into NEO or Ripple. Splitting your investment is safe and can yield profit if one goes down the other may help you. If you like Bitcoin, then invest all the amount in it and it is your wish to do that. |
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I have some money not more than two months later. In which coin should I invest? I searched to find my answer, but advices are for long-term investment.
You can buy any coins in the top 100 list in coinmarketcap validating their growth potential for past 1 year. Normally all the coins is down and cheap now, if you buy any coin and keep it for few months then you will get at least x2 or x3 minimum profit. Try BTC, ETH, Ripple and BTH. |
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If you are going to trade or invest, yes this is right time to get in since most of the coins including Bitcoin price is so cheap. Just buy some coins as per your investment and wait for some time to get that grow then sell it. The current trend is very good for buying and as you said you have bought some crypto when price were high which was a good time to sell.
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Your post itself has an answer "No one knows how much high a coin can reach". Crypto currency market is always volatile and their is not perfect or 100% correct prediction can be given on a specific coin. To be honest, I will say that x10 times of a coin is safe to sell to avoid loss expecting to grow more than that price.
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You can say in other terms like Yesterday Japan, today Singapore, tomorrow Russia, these are the countries accepting Bitcoins as legal tender in their nation. We shouldn't always thing of only negative news and negative things ahppening around, if one country bans other country accepts Bitcoin. Overall all the countries will accept Bitcoin before 2020 is my guess.
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