Some of the alt coin provide a better feature than bitcoin from one side, there are no alt coins that got better features than bitcoin completely, and bitcoin got a huge support and the popularity, there are too many alt coins that appear so it weakened the alt coin itself, and it become easier to be manipulated, that is also become the reason that alt coins is more profitable than bitcoin in trading, but without real adoption alt coin won't able to compete with bitcoin
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Ignoring bitcoin certainly is not a good idea, crypto now is in growing process and I know that many people suffering huge lost since the big and long bearish trend, but its not the time to give up, there are still a lot of chance to make profit, if you say bitcoin is manipulated then you still can make profit by following the flow, if you give up now then you wasting the chance to make profit
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I don't see any connection between oil price and crypto, both of them got a different market and fiat investment won't affect the crypto investment, even if the dollar value is going up or down, it doesn't affect crypto at all, crypto got it's own support so don't worry about it
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I dont think that is a problem, as long as he / she willing to learn and not spreading any fud news or doing bad things with crypto I think it's fine, the person can learn a lot of things while he join the crypto world, and crypto was meant for a every level of society that willing to learn
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I am sceptic about the coin, previously facebook banned ico advertisement but now they launch their own coin, but I think most of the Facebook fans will love this coin, and if implemented properly and combine with facebook, it can be very useful, so even I don't really like the coin but I think it got potential to be big
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I prefer to be paid in eth, but xrp or ltc also good, as long as the coin is the strong coin with a great future I dont mind, but my favourite still eth, I think eth more stable than other alt coins and the value is better than alt coins, I don't mind of the speed, even if its late one day, I prefer to choose coins with the value that stable and got great value in the future
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Unfortunately there are no factors that can make bitcoin really stable, with more people adopting bitcoin maybe it can reduce the volatility but it won't be completely stable, one of the decentralisation concept is volatility, so no matter what happened bitcoin wont be able to be stable like fiat, the market is moving everyday, demand and supply always happen everyday, so the price won't stay for too long
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Its a great idea to buy back or do the trade more often, but you need to spend time to watch the market closely and you need time to do the speculation, you also need skill to analyse the situation, of course trade is better than just holding but it depends on your skill and the time you willing to spend
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Well you should br able to divide your time, and learning crypto could be time consuming and sometimes we can lose the track of time, if you already got a solid job then you should more focus on your daily job, and only learn crypto when you have spare time, I learn crypto whenever I am in home, I never mixed my crypto with my daily job, because it will sound unprofessional and although the earning from crypto is big, but I still need my daily job, so I always divide my time carefully
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Eth is a good.coin, many ICO project is using eth, so as long as ICO alive, eth will still alive and from the reputation eth is well known, and it is standing at second place after bitcoin, so it is good for long term investment but for 5 to 10 year is a bit long, we can't predict for too long, anything is possible, so if you want to hold that long you need to keep on watching the coin
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Yes, its true that most of the country's development is coming from taxes, and the crypto usage now is still free from tax, but the government now is looking for way to regulate it, regulate means its going to tax it, if 80% of the citizens are using crypto without paying taxes then the country will have trouble, without the tax income, a lot of problem will occur, it can inflation and all developments to stop, so the government wont let that happen
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Yes trading need skill, you need to sharpen your skill in reading chart and you also need experience to handle the situation better, if you already got experience you can know the pattern and know what to do and how to prevent further lost, I think it need more than years to build your trading experience to become a good trader, but it depends on how often you do your trade
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Yes alt coins mostly traded with those two coins and those two coins play a very important part in crypto, but I think most of the people used bitcoin for buying alt coins, so bitcoin got a bigger influence for alt coin, when bitcoin fall down all alt coins include eth also fall down, so bitcoin movement got a bigger impact for alt coins
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I believe bitcoin won't die, it got a huge support and a lot of countries start to think that crypto is a very useful currency, the price dropping in crypto is a common thing, compare to last year today price is still good, and I know that we got a very long bearish trend but dont lose hope, bitcoin price will go up very soon, many crypto events is going to happen in this June
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I totally agree, crypto supposed to be anonymous, we are sick of being controlled and supervised by everyone, crypto supposwd to be giving us freedom to used and to store, kyc is just some excuse to weaken the crypto and we don't know how secure the data will be, its dangerous to submit our data to something that we are not familiar, so I am against kyc, and not all casino require kyc to withdraw try to play in bustadice, no kyc or whatever document is require to withdraw
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Yes I ever buy ICO coin,I bought 4 coins but up until now I haven't got ant profit yet, and can be said it's still far away from my expectation, but I still see potential in those coins, so I need to be more patience to make profit, ICO need more time to make profit and it intend to be treated as long term investment
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I find it ridiculous, trading is just the same with other works, some people like to work extra hard to make more money, its almost the same with people that obsessed with their work, and the process of trading crypto and stock is the same, but I never heard anyone being rehabilitated because of trading stock, I think it just another scheme to bring down crypto
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I don't think we can eradicate scam completely, and because crypto are decentralised, its harder to prevent scamming from happening and even if we put it in a reputable site, it will be the same, we need to increase our cautious to all new project, so in order to prevent scammer we need to rely on ourselves
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Greedy is the number one cause of losing money, not only in trading but also in everything , greed going to messed up our logic and make us do the reckless thing, in trading you need to follow the logic using trading indicators and the information, and need to be discipline about that, trading with greed will cause you losing money in an instant
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Yes the market situation for bitcoin is not too good, and once people saw bitcoin fall down then they will also sell their alt coin, if you see the chart when bitcoin go down the alt coin also fall down, so the falling of bitcoin definitely impact the alt coin price in negative way
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