Precious metal is a very good long term investment, the price is more stable and the price won't be drop to zero, and it can be used every where, precious metal also can be used in other shapes like become jewellery or ornaments, so it got many usage, the older generation who loves stress free investment they will choose the gold or silver, the rising is slow but the demand is always high, easy to sell and the profit is stable
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If there is no speculation there wont be any trading happen, speculation is a very important things to make the traders buy and sell, and speculation could be pretty accurate if its backup by the accurate and updated data, so not all the speculation is giving a false hope, many people got profit from speculation, the most important thing is, you need to do your own speculation dont listen to other people speculation
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From the chart it said otherwise, seems like the btc got difficulty to breakthrough the resistance level and keep bouncing back, but from the history chart, the market should moved to the higher level and entering the bull market, the investors also already start to invest, so it's really difficult to see which way the btc will go, but all of us hope that it will enter the bull market soon because the bear market already happened for a long time
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I think this is a fact, I think almost all of ICO are using eth, and eth was created to handle this kind of things, so it really famous and fit to become the king of ICO, I think this also the reason eth stay in number two, and most of people like to say one day eth will replace btc
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Sometimes we need to take a risk to be able to learn something valuable, and all success come with sacrifice and the courage to take a risk and deal with it, usually the bigger the risk the bigger reward you will get, if you keep playing in your comfort zone you can get any further, and there are so many stories about people that take a big risk in crypto and end up earning a lot of profit
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It's true that bounty hunters are very vital to promote the ICO project, but most of the bounty hunters only interested in quick profit so they will sell as soon as there is a chance, but not only bounty hunters that do the sell immediately, some investors also will do the same, and if you asked them to hold a bit longer will be difficult, you need to make them have the same mindset, and I think its a bit impossible
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The best way for crypto to stay alive and grow is when there are a lot of transaction volume, its true that we need constant demand and supply to make the price grow bigger, but in bear market we can't expect people will buy, so rather than there will be a panic sell, we suggest to hodl, hodl in bear market wil prevent more dropping, that's the purposed of people asking to hodl
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I am sure they already thought it through before they sold their coin for low price, I think there are numerous reasons why people sold the coin for low price, some maybe get caught in false news and then sold, some maybe found a better coin to invest and need to invest fast, some maybe need to emergency usage, so there are a lot of reasons, and I am sure nobody want to lose money but sometimes it need to be done
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A lot of people had experienced that crypto can change their lives become better, since bitcoin was created many people has gained profit and had stable income with it, I also feel that crypto has helped me to make more income, crypto provide chances to earn, and the earning amount can be as good as salary in third world countries
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Every invention will have pro and cons, the improvement of technology will also have the negative effect for us, but increasing bitcoin user won't affecting our health, in bitcoin you don't need to keep constantly being in front of the computer, the one that should become the attention are gaming, social media and movie where people constantly keep on playing with their smartphone
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Well it depends on the coin, some coin will turn to ashes when you hold for too long, but hold the right coin you will able to make a very great profit, I think for alt coin you need to act flexible and smart, don't put too much trust on alt coin, alt coin is a very dangerous investment
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Yeah it's very easy to make an ICO, that's why we keep on seeing new ICO being launched everyday, making ICO is easy but to make it successful is very difficult, some people thought that making ICO would make them rich instantly, but in reality most of the ICO is failed and get abandon
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People called bitcoin as a fraud or ponzi because they don't understand about bitcoin, they only make their own conclusions without learning the true of bitcoin, if those people want to take their time to learn they will notice that bitcoin is totally different, some of them only know bitcoin from the media, so they only know the surface of bitcoin
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Both of the reputation is not too good, I don't really active now in yobit, but when I was active trading in yobit and got no problem with the deposit or withdrawal, for me the fee is a bit high, but yobit did got a bad service support, I personally suggest to trade in a more reputable trading site like bittrex, there were so many case that exchanges being hacked so better find more reputable exchange
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Its great to see more money flow in the transaction volume, and we need that so the price could go up again, crypto price is a like a chain reaction when the price go up, more people will tempted to buy and it will cause the price go up even further and most of the people really waiting to see the history repeat again, all of us are tired keep on having the bear market, with new funds maybe we can change the tide
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It depends on the situation, if you really see an opportunity that can make you earn a lot of money then grab now, the market situation is still unstable so you need to act fast and grab it while you can, holding for long term is only for the situation where there are no hope for taking profit in short term or it's too risky for trade
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Well, most of the investors that get sucked in is the newbie investors and maybe a greedy investors, some people thought that they can earn easy money from ICO project, and the developers price prediction will come true, but most of the time in reality the price never reach the target and being dumped instantly after it hit exchanges, some people only tempted by the profit but not do the proper search, maybe they need a big lost to learn the lesson
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Yeah risk management is very important aspect to prevent big lost, but not all people are aware of this thing, and some traders tend to break the rules because they saw the big chances to earn and put all the money in, sometimes is difficult to be discipline especially when we saw a big chance to make big profit, but risk management need to be acknowledged by all the traders whether newbie traders or professional traders, hopefully by learning this people will become more careful and know how to manage the risk
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For the country yes, for us no, paying tax means we need to declare that we own bitcoin, and that makes admit that we got crypto and we are losing the freedom, but I think if we want the crypto to become big we need the cooperation from the government, most of the adoption got stuck in the government's hand
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Its a natural things, when it got no more value people will start to dump it, most of the people appreciate bitcoin because of the value not because of the technology or the breakthrough, so once bitcoin losing its value people will jump to another coin to invest
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