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Is buying BTC currently a good idea, or should I be going with ethereum? Pls suggest...
In my opinion, you choose Ethereum, first is the price of it is relatively low, secondly it is used more widely and widely used. There are a lot of predictions that Ethereum will have a very high price next year. Anyway, I still choose Ethereum and that is my advice for you.
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Hey,
with all these ICOs going on in parallel it seems impossible to stick out for a good one.
Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones. Facebook blocked ICO advertising. Google Adwords blocks use of word ICO in ads in certain countries already. Twitter is drowning in ICO announcements. Listing pages are popping up everywhere, too.
What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?
Too many ICOs make us confused to choose a real ICO to invest in. As most ICOs are fraudulent, it makes us even more tired of having to consider the ICO project before deciding to participate. If you encounter ICO fraud. It is sad and depressing.
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Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up. If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
I prefer short-term investment rather than long-term into the cryptographic market. If the market changes continuously if long investment no one sure is safe for you. But short-term investment, I can see profits immediately and always but not much. At least it gives you a sense of security than when you invest long term, you always have to watch the market, tired. Do not know anyone who thinks like me?
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not all erc20 is scam, some of it does, but not all of them,you can see erc20 tokens in the market that is so valuable.
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The central bank in our country began to ban the use of cryptocurrency for sale and purchase transactions starting early this year 2018
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By throwing a large number of Bitcoins on the stock exchange, they can lower its price and vice versa, buying it in large quantities can sharply raise its price. In the same way, its price can be kept in certain price ranges. Manipulating the media and their influence on people can also raise or lower the demand for cryptocurrency.
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Bitcoin is decentralize and there is no possible way to track down your transaction/info unless they were able to log in into your wallet. And that would be easy for the government, but if they do hack you, it's a breach of privacy.
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The bitcoin value may fall, but the dollar value for all currency cannot be under on its other currency
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Thanks for creating this thread it is so informational and I believe steemit hunters will always come here to get information on steemit bounty.
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By the way good day.We have every year is the year of the crypts.Just all periods.There can't be all year of altcoins.There is a separate month which can show positive courses and to bring the maximum profit!
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Governments and banks will always try to manipulate the price in the way they need it, maybe they are also trying to lower volatility at bitcoin.. but i think this won't be possible, as new rally will definitely happen.
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In the cryptocurrency world there are a lot of coins that exist with different function. The competition is tight and it's up to the buyer how meticulous he/she is. And I do agree that you need to read more about the coins that might interest you. Join a forum cause it will help you a lot too.
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All ICO hardcap close early, you can invest a good promising ICO but a small amount.
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We can earn from bounty without any capital. So, where is the waste of time in this point? Let us take extra effort and patient to wait. Just make sure to choose a trusted bounty and not scam.
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Basically, my investment is designed for a long time. I wait until the coins begin to grow strongly, only then I will sell part. It's hard for me to play on the stock exchange and catch small price changes. I think I would have lost more, since I have no experience.
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I suspect your wallet protection was too weak. In your place, I would invest in some better protection. If you do not look at your money, security is very important.
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I believe that the risks are absolutely the same as those of others so you can continue to invest in it
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Just invest at your own risk since you can't overlook the scammers. And keep your self updated with the trend of the coins your going to buy.
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I am still at loss since i bought my coins in semi high prices but confident enough to wait and keep the patience for my folio to grow.lets take this OPs advice for the good move for profiteering incase you dont meet the expected price too early,then wait until year end
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To explain better we should have mind the idea of balance and the idea of eggs in a basket can help, so when we put all our eggs in a basket and when we lose or something go wrong the frustration always appears. Diversifying is the way to possible alternative profits and avoiding frustrations.
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