I think thats an experience who everybody will mke who start in cryptocurrencies and trading. Everybody look at the charts and see the volatility and thinks he can buy in the dump and sell ond the pump. But in real life it is not that easy to get to this points. And when your in this situation as a newbie, you never know what to do and start asking people what you should do. But the problem is nobody cant see the future so thats why by the most starts some fud and then they make the panic sales and loose a lot of money.
Since you start to become a trader, the market will not tolerate anyone who views the volatility. Of course, this fluctuation is not due to the natural occurrence. It's always arranged by the rich. And we - the little fish are always the bait for the rich eat meat. |
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i think altcoins will have really good future. but a lot of people think that it will fall in price, but i don't agree with them  We cannot say in general because there are altcoins which are not good or not performing. I think majority will fail because there is no regulation on the ICO now that is why we are seeing a lot of ICO which some does not really last in the long run. I believe there is a good amount of fortune and success with the altcoin industry as there is with bitcoin industry. If we put into consideration the quality of ICOs that are recently being listed with their projects and visions, you could clearly see that they aren't just day-trade investments anymore, they are becoming more worthwhile to invest on and suitable for hodlers in the industry. Until today, I only know some ICO projects really provide for investor profit + the society many applications as the roadmap. Other projects can provide profits, but almost that amount from the loss of others FOMO bought that coin. So, for me, it's not a good way for long-time. |
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In my opinion, after investing, you need to forget about your coins for at least a half year. This is very useful for mental health. If every day to monitor how the price of coins varies, then you can go crazy.
lol  if not monitored every day will make you curious. I use blockfolio on my smartphone to record and monitoring the token price that i have. when I opened the phone the first time I do is see the progress of my assets Haha, honestly, it has become an indispensable habit for me every day. I do not have much time to track the value of the cryptocurrency I have invested. So, most of the time, when I wake up, I go to market test, news and investment plan review. |
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Oh sure! I think that in 2018-2019, the ethereum will show very strong growth! This is a very potential coin with many advantages!
Yep, even, I'm waiting to see the Ethereum system change to PoS instead of PoW as now. Limit the total supply coins of Ethereum is neccessary to helps its value can increases. Many people compare the Bitcoin supply and Ethereum supply, in the future, this issue will be solve. |
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If the project has potential, a working product, a strong team, there is nothing wrong to take part in the ICO. His tokens will grow. But in any case, you should understand that any investment involves risks. By investing money, you no longer manage your money, it remains to hope for the project team and their success!
You can't know exact what will happen for your investment. Sometimes, all things are ok, such as devs team, old work, hype, community, raised hardcap, etc. but still has a high price in the market. Aventus, KICKICO, EDO are the ICO projects had same case as I said. |
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-snip-
Let them say what ever they want ! but they cant replace the truth Bitcoin is the original without Satoshi nakamotos Bitcoin this crypto revolution is not take in place all do that bitcoin has some flaws but until now its been recognize as a major crypto assets and the largest coin by the mean of market capitalization, lets accept it Without Bitcoin there is no Ethereum,Waves or all cryptos existed today thats my opinion. king or Queen is not important to me either! I understand this truth. The reason helped the Bitcoin price is still high not because it has a fast system like Ripple or Ethereum. Its value is still high because the world know Bitcoin is the first successful cryptocurrency + no founder manage this coin at current. Instead of a centralized coin manage by a company like Ripple or has founder can decide the future like Ethereum. |
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As a newbie what I did is to consult my friends who are into bitcoin and altcoins investing. I also consulted people whom I don't know but have broad understanding and experience when it comes to crypto currency. I also read articles and forums about the digital currencies.
Better to also read in this forum because when I was a newbie, reading here in bct helped a lot in my journey in crypto world. Just read and participate in different topics so you can be informed and updated with what's happening in bitcoin and other coins. If you rank up then you can start earning coins by joining in bounty campaigns. It is really recommendable because for me it is the easiest way to earn. There're still have many bounty campaigns doesn't need the Bitcointalk account has the high rank. For a newbie, you can choose the social campaign to work, it's easier than other fields to make money from bounty campaign. Another option as Translate, Content, Community, Youtube, Blog, etc. are the fields for those who really have knowledge and skills. |
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There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?
Definitely other altcoins are needed to further pump crypto as a whole. As you can see, Altcoins are necessary coins for investor to provide exclusive services to consumers. In that sense, They will be more encouraged to invest to cryptocurrency which adds to the flow of values in this platform. Since most of the tokens are derived from BTc or ETH as a platform, they get affected by the rise and fall of the platform to which they are derived. This rule created by the cryptocurrency traders in the market. Nothing created this rule, only by the trader feel this rule is true for the cryptocurrency, it became the truth and the right choice for anyone want to invest. Finally, these things created by the whale and use that rule to take advantage the mentality of the trader. |
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Good day,
Do you think that BTC is going to reach 20k soon?
If yes do I need to sell all alts and wait for rising BTC?
What to do now ? I am confused!!!!
I always say that we can't talk generally because the coins are not the same some of them are profitable and some of them are not, some times the profit from altcoins is more than the profit from bitcoin, so you should be careful and do your research about every coin that you went to sell. You're right with this analysis, all altcoins are not the same and they do not move in the same pattern and it could be possible that some of the altcoins you are holding is headed for a dead end so that means that selling off such coins even at a loss is the right thing to do even if you are selling at a loss so you don't end up losing all your money you put in entirely. Sometimes, accept your loss is the key to help get you out more losses and stress. I was a trader always regret when I take the loss. That's not a good thing for a trader, especially when you want to become the professional trader. |
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Hi, I see a lot of members waiting for like 7 days and they didn't getting any profit.. After 14 days the price is dropping.. They screaming on bitcointalk and Twitter.. (some of them ) My answer.. Just wait! - Developers can't work 24 hours a day - don't check the twitter or ANN every hour  - a project in blockchain isn't a job for a week.. Be patient.. If you wait a year or a couple of months you get much more profit.Indeed, cryptocurrency can make us rich in one night. If we want make profits in cryptocurrency, we should investing our money for long term. With long term investment, we can more relax and market will growing it self if many people do long term investment Do you know that amount you earned through one night is from the other traders in the cryptocurrency market? Those who lose money in this market will transfer to your balance if you predict precisely the next move of this market. Of course, nothing provides profit for investor forever or one-way, you can become that loser and spend money as I said. |
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Yes, indeed, now is a good time to buy cryptocurrency. the ideal time to buy was in March, when prices reached their lowest point. they could be bought at the lowest price and make good money on it even in the short term now I advise you to buy cryptocurrency to be patient and wait until they grow up.
Do you mean the price of cryptocurrency will increase in this month? Maybe, the scenario for the last year can happen again in the next time. But, you shouldn't put many beliefs in a situation doesn't have much chance to happen. Instead, re-think carefully and create more plans to invest in other cryptocurrencies, fields. |
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I usually invest long term in this market because I realize the potential for strong growth in the future of the whole market. Have a reasonable investment plan to preserve your capital and optimize your profits.
I agree with what you think. If you want to be safe then long term investment is the right choice. For experienced and business minded people, they prefer surfing. They can predict price fluctuations, and market waves created by themselves. This gives them a great profit. Yeah, it really depends on what type of investment you would like to have. If you're aiming for earning huge profit in a short period of time, bitcoin is the best way to invest your money. On the other hand, if you just want to relax, or you're not in hurry of earning profit, then investing in gold for a long term is way more better to invest. There's an assurance of earning huge profit if you invest in gold because it has been proven its worth for more than 100 years. Huge or small profit aren't important, to be honest, as long as you can keep your funds steady increases is enough to help you have a better life. Bitcoin has high profits, so, I'm not surprise to see someone lost huge money in this currency . Instead of Gold always has high demand on the world, its value doesn't change much value as Bitcoin price did. |
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I'm extremely depressed about my impatience and persistence.
I'm a stupid man. Fuck myself.
I bought the ETC when its price was 15$, i kept it for three months, including when it down at 9$, I still don't sell, because i believe it. And when ETC rise to 15$. I sold everything and waited it down $ 13 to buy more. But, fuck myself, the next day it rise to fucking 30$, Are you kidding me?
I bought 5000 XRP from May, i still believe it, I bought more yesterday, I bought when its price was 0,00001610sts, and when it down 0,00001558, i afraid BTC up, XRP down. So i sold everything. And... This morning I woke up with a sense of chest not say words.
This is my mistake, definitely like that. I can't blame anyone.
I told myself, "The market is still there. Nothing to hurry"
I don't complain, i post here just relieve stress. I didn't tell anyone about this, including my wife.
Thank for listening.
You can't really blame yourself because the reality is that we are not fortune tellers or forecasters. The only thing we can do in this cryptoworld is to hope and guess, and you are not the only one having bad decisions. Others could have lost millions on wrong decision. So don't get discouraged and continue to try, maybe someday we'll hit jackpot. At least, you should to find which things make you feel your decision is right. Because you can't invest in cryptocurrency while you don't know the future of cryptocurrency can be better or worse than at time you investing. As Ethereum, I calculed asic mining + some reason to make its value can increases at least up to $1,000 again in the next time, so, I bought many ETH to prepare that time happens. You can call me an active trader on the market. |
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So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
I think we should not trade at the present time, it can be seen that the market is going down and bitcoin prices are falling sharply in recent days, the market is facing severe crisis. Bitcoin prices are running high and are now closing at $ 6500. I believe we should start withdrawing from the market and start looking for other investment channels. Oh, if you think the current market make you feeling cryptocurrencry became the old trend and a worthless field for your investment, you should to give up this field.  I believe in the future, maybe in next few years, you will regret to see old amount you sell to get money after didn't have strong faith in the future of crypto. |
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I think it is better to store your coins in a wallet. Once a trading platform is hacked say goodbye to your coins. Though having your coins in an exchange is quite advantageous too, let's say the price of the coin suddenly went up, you can easily trade it. Having it in your wallet, it will need quite some time to be confirmed and during this time price might have already dropped.
If you're in with holding the coin for a long time, store it in a wallet.
Exchange like Bittrex, Poloniex, Bitfinex, Binance, etc. and other trusted exchanges are the exchange will refunds for investor if they got hacked from attack by hacker. Coincheck is a new exchange in Japan, although 500 million dollars of NEM stolen by hacker in this year, but they still refunds all that amount for those who used their system lost that amount. |
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The market fall down only shows the real value of crypto coins so, after this people will strat to invest in crypto because each crysis it make it stronger, and stronger is better and safer so the market will keep walking forward.
No need to worry about the market it is just a normal thing, so we don't need to be hassle and to be in doubt or panic or whatsoever, it is just a temporary thing, time will come it will gonna rise again let us just wait for that moment to come, don't hurry too much. It still depends which coin you decided for waiting. If you choose shitcoin for waiting, even after a long waited that coin raise its value, you still never have better profit for your investment. Or even that amount will become a loss for your investment. |
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BTC and LTC might not be feature rich but at least they have never been hacked lol  Erm you might want to check what happened in 2010. Yes all of us want to know what happen with all cryptocurrency in the future. First thing i will say, nothing is sure and all know that, so its more interesting to see what happen in the future. Haha, if you invested a lot of money in Ethereum, can you wait a long time to see Ethereum become scam project or dead coin? Therefore, you must have reason to prove your choice is right and the worst situation for Ethereum happen is impossible. |
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The demand for bitcoin will speak for its future and at the rate it is goingwe can say that it has a future. Some countries are even regulating because they already realized the tremendous potential and effect of bitcoin in their economy.
There is no one out of us who can predict this thing that what will happen in the coming few months. But if we make a look at the graph of the market price of bitcoin since the time it was introduced to this world, then we’ll observe this thing that the market price has increased most of the times. I can really hope that it will keep on increasing in the comings days too just like the way it increased in the past. I found no reason to worry about the future existence of bitcoin. Stay calm and optimistic with bitcoin. I do not know why people worry about the future of bitcoin. Currently they are the best digital coins and no other currency can pose a threat to its existence Why not? The government is one of the factors to make the future of Bitcoin and cryptocurrency become worse more. However, I'm sure not many people think the largest force can make the future of Bitcoin become worse is the investor. Why I say this? Because the investor of Bitcoin has many components in society, not only real investors want to investing into this currency. The speculation is the most "investors" of Bitcoin in the last year until today. The speculation can makes anything become worse, like real estate, stock, etc. in the past. |
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Volatility could be bad in a way that you can loss your money in a short time and you cant just predict it. Unlike other investment security that there is just a small movement every now and then so can still save some of your investment buy selling it in higher price before it get dip.
Because people tend to experience the pain of loss more acutely than the joy of gain, a volatile stock that moves up as often as it does down may still seem like an unnecessarily risky proposition. However, what seasoned traders know that the average person may not is that market volatility actually provides numerous money-making opportunities for the patient investor. Investing is inherently about risk, but risk works both ways. Each trade carries with it the risk both of failure and of success. Without volatility, there is lower risk of either. Volatility can benefit investors of any stripe. Many more conservative traders favor a long-term strategy called buy-and-hold, wherein stock is purchased and then held for an extended period, often many years, to reap the rewards of the company's incremental growth. So for that I think its not a bad thing after all. Yes, that's right, investment needs to has risk. More risk, the investor can earn more profit from that investment, but the percent to lose money also not small in that investment. Bitcoin and cryptocurrency investment really good example for this theory, because the total money lost and earned from this market is large than many bubbles in the past, as far as I know. |
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Thanks for this detailed write up. Extremely useful as well. It was getting hard to chose which ICO was legitimate so just decided not to go with it lately. However it seems Airdrop is all the rage nowadays.
Yes, the current project is really hard for some newcomers to choose from, and it's hard to see what's really worth it. Currently, investing into ICO is not a good idea, I think we should to invest into Bitcoin and top altcoins. Because when the cryptocurrency has bullish trend or hot trend on the world, the ICO can become good place for investment and speculation like the last year. |
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