Bitcoin Forum
May 05, 2024, 01:49:16 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2]
21  Bitcoin / Bitcoin Discussion / Re: Is it too late to invest in bitcoin? Is it a bubble? on: September 04, 2018, 08:43:28 AM
In my opinion, it's not very late to put resources into bitcoin particularly now bitcoin cost is diving contrasting with its sum last December. Only just do your exploration and examination of the thing that you will contribute. Indeed, in all speculation has a hazard yet overseeing and spending shrewdly can be your key to progress. Spend some cash that you can stand to lose. Likewise, don't be reluctant to attempt and investigate new things because numerous individuals know bitcoin that they would prefer not to look at it.
22  Economy / Speculation / Re: Is this the end of Bitcoin ? on: September 03, 2018, 02:43:16 PM
No, for me. Its very funny to see the people out there who can tell that bitcoin is going to be dead when the price starts to fall. Just turn back the history then you can understand that bitcoin will recover soon when the price crashes. Still bitcoin is the expensive crypto and the current downfall in price due to South Korea ban and transaction fee issue. But there are more people in the world who can invest on crypto other than South Koreans so the price will get back into the right position soon. The transaction fee will be less if we use segwit address so it is better to move to a wallet which support segwit.
23  Bitcoin / Bitcoin Discussion / Re: Your investment strategy? on: September 03, 2018, 12:37:15 PM
Best investment strategy in a few words

Don'ts
1. Do not gamble
2. Do not put a single penny in a cloud mining company no matter if its legit
3. Do not trading (high risk involved)

Do's
1. Buy bitcoin when price is low
2. Sell it when is higher

This is not trading because its a long term strategy. Although it can be classified as trading. But its a long term strategy in which you can correct your mistakes, thing which is not possible in short term trading or daily trading, we all know is much diffused than what I am suggesting.
24  Bitcoin / Bitcoin Discussion / Re: What is best wallet for long term bitcoin holding? on: September 03, 2018, 11:55:07 AM
Offline wallets are something where the secret key is not shared with anyone (only if such wallet is generated in a safe environment and trusted source). The cheapest way to an offline wallet is to finding an old computer and generating a paper wallet through that machine (and that machine should never establish a connection to internet or devices such as a printer that connects to the internet). There are some other ways too but this is the one which I trust the most for the paper wallet.
25  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum Price drop hard, Why ? on: September 03, 2018, 10:48:24 AM
You should know by now that prices of crypto currencies are not stable. The prices don't need any reason to fall down or go up within a given time. Events that causes price rise or drop lasts for a long term. But unusual drops are temporary and usually recovers within a short period of time.
26  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is all of the cryptocurrency is down? on: September 03, 2018, 10:15:42 AM
The state of the market is critical and the situation of crypto currencies so far this year has not been stable and is still very volatile. I analyze this as a result of the continued decline in public trust. Other than that this price reduction is greatly influenced by the price of bitcoin. Bitcoin as the king of crypto currencies greatly affects the price of all crypto currencies. When the price decline occurs in bitcoin then all crypto currencies will also experience it. It cannot be denied that the influence of bitcoin is very strong. This is because public trust in the largest crypto currency is in the belief in bitcoin. Therefore, bitcoin holds the ultimate control and influence.
27  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: My Ether Wallet (MEW), is it safe to use it? on: September 03, 2018, 08:58:34 AM
It depend how users fully secured their wallet, the site itself still safe the problem is how we deal with securities, if we follow those instructions from the site and we make extra precautions then our investment are still secured but if we just simply use it and not do anything extra then hackers will be able to attack and take away our money.
28  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How do you find good ICOs? on: September 03, 2018, 08:12:07 AM
First of all, you should know the importance of the project. If a certain project will give us enough idea whether we are going to support it or we need to move and find another before investing, it's a must to review the background of the developers first. If you know the background, you will have an edge in investing your money in the project. Utilize every resources that you have and find time to know more about the project. You need to make sure that there's a positive and needs for the target consumers.
29  Alternate cryptocurrencies / Speculation (Altcoins) / Re: why all coins are dropping? on: September 03, 2018, 07:32:24 AM
A few reasons cryptocurrencies prices may drop with little notice is due to the environmental factors surrounding them: government regulations, loss of interest in the market from the public at certain points, an increasing supply of available currency which can potentially oversaturate and cheapen the market, investor fear, etc. These environmental factors are difficult, if not impossible, to predict and many times they can be positive for the market. For example, we are seeing an increase in widespread acceptance of the blockchain which may be part of the reason for its price surge in the month of February.
Pages: « 1 [2]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!