Since April of this year, the market has begun to slowly pick up. Many people think that this is a market recovery, but I think this may be a trap and the market will plunge again in the near future. What I did was, during this time, do nothing and watch patiently the changes in the market.
Market cap already increasing more than 30% from 250billions dollar. Hopely that is a sign that investor gain more confident with crypto. But I am already make a plan holding my coin and token for long term untill end this years. |
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I want to invest a few more thousands into eos, iota, and aion for the win. Too bad it will take me a few more weeks. I am so drained lol. Anyone else thinking like this? So motivated to invest. But lacking the funds.
Sometimes its happen to me too, but i dont put in more money. Sometimes when I saw good coin/token with low price and undervalue but I dont have more money, I am selling my other token to get that undervalue token |
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As far I know and maybe I am wrong, token usually using ethereum network and token always have smart contract. Token have their own platform for they purpose but they use ethereum blockchain.
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Dollar purchasing power always lower year by year because after bretton woods agreement, central bank or the fed print money not back up by gold anymore. Central bank always create inflation year by year and their reason is boosting economic growth.
Volatility on dollars is too bad compare with bitcoin volatile because bitcoin volatile always rising the price, and not with dollar
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For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
Bitcoin is revolutionary monetary system and thats why most central bank ban it. Central bank make system that they can print money as they like without proper audit and they get interest from government taxes. Different with fiat money, bitcoin is decentralized system and have transparant ledger and everybody around the world can see the transaction |
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Thats why banks affraid on bitcoin. Bitcoin can disrupting bank bussiness because if we have bitcoin wallet, its like we have bank account and investment at same time. Bitcoin have biggest liquidity in market and off course its can be our emergency need and we can withdraw anytime we need
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I think it's not far if i say that dollar and bitcoin are actually the leaders of their platforms. What's also crazy is how this forum served as the source of consumers and a big factor in increasing the acceptability of bitcoin by people. Really the design and everything about this community is genius.
Bitcoin is far different if compare with dollar. Bitcoin using decentralized system and very transparant ledger, beside that bitcoin have limited supply and dollars not. Even digital dollar, its like paper money because its still controlled by central bank |
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Indeed, market cap in cryptocurrency market already start rising from last week. After suffering drop their the value, market cap in crypto increasing from 250billions dollars and right now market cap already reach above 400billions dollars.
Market already start rising and that will bring bitcoin and altcoin price higher than before, its good for market because it will attracting more people to invest
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Bitcoin has been announced since the day it was invented, and it will be suppressed by governments in the future and declared illegal currency. Is the basis, the further development of the currency will be in the interests of the threat to traditional monetary and ruler, not the rights to cryptography currency once governments announced that the currency is illegal, its price will produce volatile in the short term, and may even crash. At the same time, the government will force the bitcoin exchange to be shut down, so that bitcoin can only be sold in private, and its exchange capacity will be badly hit. Will the government ban bitcoin?
If the concern is exchanger, many country with good regulation can be host for that exchanger. Like Gibraltar, on that country exchanger or cryptocurrency activity allowed as long following their regulation and right now many big exchanger start opening their branch on that country. I am believe its very hard for government to ban cryptocurrency except they want shut down internet |
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If we want altcoin can reach bitcoin price, i think its very hard. Its happen because bitcoin already pioneer on cryptomarket and already biggest market cap. But if can take bitcoin market cap, maybe ethereum can be consider as leader in the future, but i think it will take long time
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How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
I think it doesnt matter how much capital we use to start trading in cryptomarket. In trading, we must preparing good strategy and analysis and profits will following not matter the amount capital we use. It is true that more bigger capital we use more profits we get but if we dont have good strategy, we can loss on market |
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Hello! Well, in my opinion, we should not put everything on one coin, though this coin is very promising. Since there are many other great coins, and who knows which one can shoot and give a good profit. Therefore, it is better to analyze and select a few coins for investment.
Indeed, I am agree with this strategy. We should not put all our egg on one basket. Better we devide our investment in several coin and i think that can minimizing our loss when market drop the price |
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I have seen a lot of posts lately, where people are complaining about the price. I can understand that, but based on my previous experience with Bitcoin, you only need 1 good year to make Bitcoin your most profitable investment of all times. Let's take 2017 for example. I made more or less 700% profit on the bitcoins I bought in January and sold in December 2017. Now I am not financial expert, but I seldom see any investment opportunity where you get anything more than 30% profit within a year. So, let's put this into perspective for the people who are constantly complaining about the price. If you were used to low interest rates or even if you were lucky enough to invest in something where you received 30% profit, ONE good year like 2017 will cover the interest and profit you would need for the next 20 years. <700% divided by the max 30%> On top of this, you still get interest on the fiat money that you deposited into the Bank, after you sold those bitcoins. Stop complaining and wait for your good year.  Indeed, many people complaining about bitcoin price drop but they dont realize that bitcoin already rising more than 20x from early 2017. Early 2017 bitcoin price around $1000 and highest at december around $19k. Bitcoin price now $8900 and many people said that bitcoin dead or buble burst. We should look on bitcoin price history and I am believe we will investing on bitcoin for more profits |
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I think south korea is the most influence in market on bitcoin or cryptocurrency. If I am not mistake, last survey said that many people in south korea investing their money on crypto and make trade on cryptomarket
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No one country can claim bitcoin as their currency. Bitcoin is decentralized and the data spread all around the world. But I am believe bitcoin can be internet currency like twitter ceo said because bitcoin already known by many peoples in the world
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Maybe because many peoples waiting bitcoin price drop to $5000 and then they buy it and when bitcoin price jump to $8800, many suprise because they dont expecting it. I am still believe that bitcoin price like many expert said, it will reach $25k end this year and better hold it for long term
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December 2017 during the high of highs, I made a huge mistake, I allowed greed and fomo, ignored my gut and bought into NXT because I was chasing Ignis airdrop. The coin has since tanked and I still have not received the airdrop. Nxt is probably 80/90 down.
What is your biggest cryptocurrency mistake???
I am just made mistake with my token. I am selling my token with small profits but then the price increasing more than 50%. Its happen to anybody but I got lesson on it. No regret at all because made profits even small  Happen to me too a few days ago . I think we all makes mistake and no regret too but I think its part of a game. Sometimes we lucky with our trade and sometimes we made mistake. But now, i made decision to hold it until end of year because market cap already increasing |
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Both Ripple and Litecoin has been doing greatly in the market of late with litecoin even outperforming other digital currencies at some point.
between the two, which one would you invest in and why?
I am prefer choosing litecoin because litecoin is like bitcoin. Ripple is good coin but its different with ripple network that used by banks and many people said ripple is centralized not decentralized |
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Bitcoin price always have high fluctuation. If you remember, bitcoin once fall from $2000 to $200 if i am not mistake thats happen around 2015. If you think bitcoin buble why soros, rockefeller and rothschild start to invest on cryptomarket.
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