I encourage my family to invest money in crypto because bitcoin price is tinny and low so they can buy some crypto with low amount and in future this low amount bring a large amount profit.
My family does not believe that even now Bitcoin price is rather low. I persuade them that it is profitable to invest in BTC when I show them real profits I get from it. |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
I strongly believed that bitcoin is a good choice for our investment but with a greater risk so it is much better to put a portion of your savings and do not put all your money in single investment. Supporting Bitcoin does not mean investing everything in it. You risk too much. The best thing will be to spread all your funds and buy various altcoins. |
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I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.
The reasons why you hold is to make more profit,because surely the price will go up, just have patience and everything will be back to normal ,if your coins are promising in long term so much better if you hold,patience is the key to success. I believe that holding today is the way to avoid the great loss. You'd better not get rid of the coins, and wait for the better time to trade. Just be active at your main job and earn fiat money. I suppose crypto price will be growing. |
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Bitcoin is the high technology and many of people is use it and an industry move to use of the blockchain technology
this is the reason that bitcoin still a good investment.
Millions trust Bitcoin and believe in it. This is the cryptocurrency number one. Even when the other altcoins show the better speed during transactions, still very few people know about their advantages. |
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In my opinion anyone who interests in Bitcoin should keep buy as much they can now. I don't have more money. If I had some definitely buy more. Ignore the people who says "game over, bubble popped up".. Be patient, future will give you a fortune!
I love your optimistic position. I believe that close to winter Bitcoin can go to the Moon again. I do not know what the price will be, but it might happen this year. Therefore, I suppose there is a reason to buy more BTC if you have money. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
If bitcoin is stable then more people will adapting bitcoin for business, more local shop will accepting bitcoin because they can calculate their profit, if bitcoin price is unstable then it will be good for trading, so no matter what is happening - bitcoin will be popular anyway Probably, in that case, it would be not prohibited by many countries, and most of the people would use it as the currency that is very convenient for online operations. |
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As I understand it, many of my people who know bitcoin and investing in bitcoin have no real insight into the value of bitcoin and the scenarios in which it can be applied. Bitcoins look like they are stock-like ways of investing However, bitcoin and what can help us to live, the scene can actually be used?  actually there are still a few who invest in bitcoin because they are still a lot who believe with investments like gold and other, bitcoin is still very new and still very new, they are big investors are still not sure with this bitcoin just imagine if everyone is investing into bitcoin and want buy bitcoin then definitely bitcoin price will become very expensive because bitcoin will be more difficult to obtain. Man, really very few people have invested in Bitcoin. I suppose the majority of them comes from Asian countries. here is the article that you can read about some statistics: https://steemit.com/bitcoin/@jimmco/how-many-people-touched-bitcoin-up-to-2017-and-what-is-current-adoption |
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A hard hit may not be a bad thing, stopping the irrational game in time to really save bitcoin. It would be a real disaster if bitcoin were allowed to become a highly speculative target.
I think the price reduction is a good thing. What do you think?
If the fall would not last for such a long time, it would not be a very bad thing. We could really simply use it for buying more coins for less to sell it for the higher prices in future. Meanwhile, the fall did not depress me. |
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I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?
NB: In our country is prohibited for the cryptocurrency.
Your better idea would be highly appreciated.
Many thanks in advance!
if you are already investing bitcoin then you should trade in altcoin to multiply and grow bitcoin you have, because when just silent without trading then you will long to be able to get profit. It also depends on the altcoins that are chosen. Watch the video about the best 3 cryptocurrencies for April: https://www.youtube.com/watch?v=NlP63SylVOc |
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Is it posible to start trading with 100 USD?
It is possible. Just pick the altcoins that are not so much expensive but have the future. For instance, buy VeChain, Stellar, IOTA. You can bet on EOS also. |
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As I have seen this already too many times since past few years, I believe it would be beneficial to share my experience with crypto markets. Do not sell your coins/tokens when the market is dropping, it's just a pure speculation and perhaps market manipulation from whales who only target to earn on whatever the price moves they can achieve. If you're reasonable, sell when market is high and buyer/hold when market is bleeding. I hope this helps you to decide  Now really do not sell coins. It is not quite clear whether the price will rise or fall in the near future. In any case now you should not hurry. Be patient. We have time and can be quite rational in our actions. |
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Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
Diversification is a first rule in the strategy of creating portfolio. On my mind it is much better to put money not only in different coins but also in different areas of economy. For example cryptocurrency, real estate and something else. |
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Unfortunately, this year too many bad ICO and investors do not want to invest their money in it. I think all rubbish will disappear soon thanks to regulation. |
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I wish I was joking but this market will take at least 2 years to recover and build momentum again.
Market fundamentals have changed!
I do not think that the market has fallen so deep. In my opinion the recovery of the cryptocurrency market will take no more than six months. And maybe everything even will happen much earlier. Market is very dynamic. |
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Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
Crash is stopped as may see. There is some a fall but this is not too quick. Some days before we saw even the signs of growth. So my advice to those people who are going to sell their coins, don’t do it now. |
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Where is it better to invest our money? In famous coins or in ICOs projects?
In a row of altcoins it is much more easy to find good thing to invest in. This is really important to be sure that you wouldn’t lose your money. That’s why altcoins are more preferable at this situation. |
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How often does the price get lower than the ICO price when a new coin is listed on its first exchange house ?
How come there are coins that are worth like 0.0004 $, usually during an ICO one coin is sold in the range of 1$ or not ?
Do some "coins" skip the ICO stage ?
During ICO I can buy tokens only if there is a refund if there is no collection of the required amount. In other cases, I prefer to buy tokens on the stock exchange when it is already clear whether there will be a growth prospect. |
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I think the panic selling effect that happen by some of you is not only giving you a loss but for the whole user. because of course mass panic will make the market becomes chaotic and the price will continue to decrease.
Those ones, who panic, support the rumours that alts and BTC will fall very soon, and cryptocurrency really go down. That is why I never jump to fast conclusions and do not sell my crypto when the market is red. |
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As we see that bitcoin price is down since last three months but still not reaching to its highest level.
Is bitcoin loose its popularity ?
Bitcoin is still popular. For me Bitcoin is valuable because of its possibilities that it give to people. This is a freedom which represented by speed, anonymity and absence of restrictions. These are the reasons to hate Bitcoin. |
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We can’t compare BTC and gold together. Because of it's tangible values. But I think it will never replace gold "literally". Gold has many uses that BTC can't replace. This are obviously two different things.
I think that Bitcoin is experimental investment. As for me it is much more rational to invest in gold or real estate. But if you like to be in risks then try to earn on Bitcoin. Bitcoin has a lot of benefits. |
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