If all the countries invest in cryptocurrency then we will see cryptocurrency market as trillion dollar business which will happen sooner or later by this coming year 2019
First it is impossible to happen because every country will always manage their own local currency, but if they think that happens, of course the price of each coin in cryptocurrency will have a very high price, let alone bitcoin, with mass adoption of course the price will soar |
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When the price keeps dropping don't panic guys. If you sell when it happens you will not get profit or anything with your investments.
Hold... until the price going stable. Whales are just manipulating the price, don't be affected by them.
Many people say this since the beginning of the year, but what has resulted from holding to date is even greater losses? not forever holding is the right choice especially if prices continue to decline, I want to say that analyzing first, don't always depend on holding |
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are the top coin or the coin below?
I will hold bitcoin and ethereum for my investment coins. I think the most profitable and promising coins to hold are bitcoin and ethereum. We know that bitcoin has the highest price and ethereum becomes the most useful coin. Moreover Ethereum in their lowest price right now, imagine the price dropping from $1k to $200 its a very deep drop and I think this is the lowest price this year for ETH, buying at the moment and holding it is the right thing because Ethereum is including a promising coin |
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no one knows for sure when the market will be able to recover soon, it is likely that in the beginning of October bullrun will come and I really hope that happens, because we will all also get huge losses if the market does not recover soon and It's been too long for us to wait without profit at all.
ethereum has been a very far down dump and it's all outside our minds, but most likely with a very deep ethereum price dump in the future there will be a massive pump that will make ethereum prices rise significantly.
I hope that recovery will occur in the near future, we are all getting fed up and frustrated with the market conditions that continue to bleed and have not experienced a significant increase, many people have said to remain calm and hold, and I have been holding back since the beginning of the year, exactly what happened is prices continue to weaken |
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There is manipulation going on massively with this market but especially Ethereum. I have been buying each time it dips little by little. It's not as if Ethereum is no longer the most used coin and running the entire token market. This prices is a godsend for buyers.
Ethereum prices are really very low at the moment, I don't know the price changes that occurred in Ethereum are manipulation or not, but whatever the reason is, I think you are right, God gave the situation and ethereum prices like this for buyers to get cheap ETH prices |
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if you listen to the words of others and always invest because of burning talk and following the decisions of other traders then you will not get results from your investment. maybe you will fall too deep.
Thats right, because other people's suggestions aren't necessarily true and maybe only for their sake, so it's better if you believe in yourself, use your calculations, analysis, and your own skills to determine which choices you will choose, don't follow other people's views |
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Hey there
In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%
What can I do, HOLD or Sell or What!
I would recommend to tick to daily trading, you can easily recover that loss if you managed to make safe trades and don't get greedy, daily trading is way more hard than hodling but worth it. I think Digibyt and Siacoin still have the potential to recover dude, I had a great profit when investing in DGB some time ago, I think you can hold a portion and sell part, you can use the funds that you sell before to trade to reduce your losses. |
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Are not. I think that bitcoin is bad for the environment. Exploitation, bitcoin trading has consumed a large amount of electricity in the world. The bitcoin extraction causes the temperature to heat up.
electricity is not a bad resource, although it is not good for the environment but the influence of electricity is very helpful for anything, after all there will be new discoveries of how to make electricity environmentally friendly so that when you use electricity to access bitcoin, it won't be bad for the environment |
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In addition, i suggest to use hardware wallet like Nano Ledger S especially if you are holding huge amount of crypto currencies. Nano ledger S is an offline wallet in which proven safe for years against these hackers. Your ways on how to protect our crypto assets are all very informative and very useful against the thieves plus using hardware wallet will now become trully safe.
Using wallet hardware is the most recommended thing because its security is guaranteed, but some users are reluctant to buy that hardware even though it can be a good security on their assets, if they don't want to buy it, they can add 2fa to their wallet |
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My opinion, bitcoin as the first crypto currency, will always dominate the altcoyins. There are many reasons for this.
Of course bitcoin! bitcoin has more than 50% of the marketcap in cryptocurrency, from that we know how bitcoin's influence and control on the crypto market and until the next few years I still believe that bitcoin will still continue to dominate, maybe until bitcoin becomes obsolete |
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I heard something about this but i didn't know if it is really true. Many have said and there was even an article here that says about price manipulation. Well on my analysis it could be true as the price is always connected to the supply and the demands for it. However the market is really complicated and I think it will be hard for them to manipulate. There are so many day traders and if sharks push the price up it is for certain that they will lose a lot because people will keep selling their bitcoins and the price will go down again.
Some moments in the bitcoin market might be manipulation by some traders because they have a very large amount of funds in bitcoin itself, but that doesn't mean they can control market prices, they can do things like issues, speculations, etc that build so they can affect the market |
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The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
In my own opinion, the economy of a country will be so much better if most of the governments are going to legalize cryptocurrency in their own country and that is the reason why we should invest on bitcoins. You're right that people's economy will grow when government policies benefit the people such as easy employment, low taxes, no food imports, or even legalize bitcoin, it can be a good policy for community economists because it helps people to earn more income |
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I think it can happen if there is good news that can trigger investors to buy bitcoin if there is no good news, it seems that the price of bitcoin will be very difficult to be able to increase prices, because the price of bitcoin depends on the presence of buyers and sellers of cryptocurrency.
At any time it can happen if some things support it like there is a shock news like the number of countries that legalize, then mass adoption, and so on. when that happens it will certainly make the market more confident and that will make demand rise again and the bull trend will occur |
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It's your choixe or opinion if you don't believe to bitcoin reach 20k dollars. Because last year 2017 only fee investor are believe bitcoin reach 20k dollars and most of us are expecting in the end of 2017 it will become only 10k dollars. But look what bitcoin already hit.
Bitcoin’s current market conditions are the same as was few months before the price movement was in between 9k dollar and 6k dollar and still situations are the same. It took a long time to recover its value from low position into high position; we should always think optimistically so as to have good result of it at the end of our investments. The time is not too far to see the bull market so all we need to focus on is to invest more. Probably later in the year, bitcoin will rise again. but I think the increase does not exceed 15k. Continue to be confident and optimistic, because it will make a person achieve success and always read positive articles or news related to cryptocurrency. We still have a long time, even the price can go up hundreds of percent in a very short time, so of course I still believe prices can go up to $20k this year, but if the expectations are different, we still have next year right? after all the development will continue to advance |
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Sometimes not all debt bad for us. If we can use debt for productive activity, debt will be usefull to increase our wealth. Most peoples afraid to speculate and creating their own bussiness because they afraid making debt but if we can use debt with more wise, i am believe debt will help us to improve our bussiness
This is true. Debt for consumption is a strict no-no, while debt for productive uses may be good. Even when debt is used for productive uses, say financing an asset, you have to look at the rate of return on your asset. If the rate of return on asset is higher than the cost of debt, then your overall wealth increases. Yeah if you use debt only for personal purposes like consumption, of course it's a bad thing but if you use that debt to grow it can be a good thing, but make sure that you have calculated that way to grow money, don't lose it because it can make you dizzy later |
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Three years later, what will be the mainstream cryptocurrency and market conditions?BTCBTCBTC
actually I am not very confident to say that in the next three years crypto conditions may be because it is always unexpected, but for me crypto is strong and able to develop in the future and it can be a lot of coin coins popping up ... If the development of bitcoin is fast enough, it is not impossible that within 3 years crypto has become mainstream many people know about crypto and even many stores accept bitcoin for payment, it will happen if the development of bitcoin is rapid, meaning that many countries start legalizing it |
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of course if I think it's better from now on, because the altcoin coin is down again and it's very good to invest. the problem is if you invest in coins that have great potential then the results that you will get are also large because the coins must have an expensive price
agree i believed too that now is the right time to buy while the price of some profitable coins are too cheap so we can sell it at higher price once the market will rise and its beneficial also to investors. The price difference in the past year with the current price makes the price now is very cheap, if you are experienced, of course you understand that at this time is actually the right time to buy, do not waste this time by not buying, because the more time the price will surely increase go up and you will be disappointed if you don't buy it |
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Hy all.
There is something bordering me and I will like to share with you all. have been wondering if we need any Jupiter to tell us that a project without team members and no whitepapers are like to scam.
My questions is that have you seen any bounty campaign without team members and the project succeeded?
If such is there please outline let look into such project and loop it out.
I will try to answer from what I know and become my previous experience. I always follow a bounty that has a good team, has Ann Thread, Whitepaper and Webseit. thus I am sure that is a successful project. Yeah if you really want to invest in ico projects, then you should look for those who have complete information about their project, because that will illustrate how the future of ico will be developed, don't let you invest in ico who don't have a team member, chances are they will turn into scams |
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Normally I am anti taxation agent. like in my country I do not know what our government is doing with the taxes that is being collected from the masses, they are in charge of the central bank. The money can be mint at anytime if they like. My country is so corrupt to the extent that the people in power mint the money and hide them in tanks in their houses. They should leave the poor masses with taxation. It will be difficult to tax all cryptocurrency transaction.
In my own opinion, those cryptocurrency investors are already paying a decent amount of transaction fees in order to send coins to other wallets so tax is not necessary. The fee is not a tax, fees are paid so that your transaction is confirmed, but in the future all circumstances can change, right? if the government wants, they can just apply the rules for all merchants and exchange to request data verification before using crypto transactions |
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My first rule of risk management is to only invest the amount that i afford to loose. Great reward comes with great risk so we have to deal with that.
I agree with you because with doing this, we know that we don't have to use all money we have and we can still watching and decide about what next that we do if somehow the investment cannot give any profit. never put your investment in one basket is another tip for the investment and we need to diversify the investment so we can make a good return in one period. To reduce the risk of large losses and lose all your money, of course investing according to your ability to afford to lose and not investing in 1 basket is very important, it can prevent you from big losing when the risk occurs |
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