I just choose of altcoin on coinmarketcap, I prefer to choose the top 100 trading volume on the exchanges. If do you like a high volatility the best choice is ETH.
All the investors have different checklist based on which they make any kind of final decision. It is up to you how you look up at the things and that what all are the features which you consider before making any kind if decision. Whichever altcoin you choose, you need to be sure that the coin will have some bright future and that you will not be suffering any kind of significant loss by doing so. |
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Taking into account the fact that recently Japanese exchanges are diligently getting rid of anonymous crypto currencies, including Monero, I think this trend will continue throughout the world and as a result will lead to a zeroing of the cost of these coins!
Yes. Same happened with Bitcoin when was ideas of BANing it in many countries in past years. When banks was closing peoples accounts is suspecting they were buying Bitcoins. Bitcoin price is close to zero right now because of that. There will happen certain events in the future as well which will badly affect the market value of any of the crypto coin but the fact is none of the event can affect the market value of any of the crypto coin permanently and that the market value of the coin will surely recover in the future. at tough times, it is better not to make any other move but holding of all your coins as this will save you from any kind of loss. |
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Most people end up selling low because they panic a lot when prices take a dip. most aren't patient to wait long enough to see the coins recover, most of the people who do this end up regretting.
Being an investor the worst thing which you can do to yourself is doing this panic selling. This is the self-disaster and that doing so will result in loss of your very own money and that too by your own self. You need to stay firm and patient at tough times and that you need to stay consistent in your work as well so that you may not end up facing such kind of hardships which later make you feel regret. |
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This makes quite some sense. I believe you need capital first, after you might have gotten the capital you can then seek for the knowledge that is required in trading. As for patience, uhm… I don’t know if I would really consider that option when I’m on steady lose. Patience is good anyway, but if you keep on losing on a steady basis, I don’t see no reason to consider Patience anymore, all you have to do is quit and go and seek for a solution to your problem.
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I do not blame people who panic for falling prices and people who sell panic when they see price drops. Some investors sell when there is a fake news or speculation about bitcoin. Panic sales always make the wrong decision.
The price of the bitcoin will not be stable for the very long time until in the ideal condition it becomes the only currency of the world with all the people using it, only in this condition it can be get stable otherwise it will keep rising or falling. So just trust the system and try to remain optimistic when the false news come in the speculations. I am not saying to avoid the trading, but selling for panic is not advised at all. |
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Of course, but you need to learn about advanced trading technique to profit everyday. Trading is not easy, it requires patience and precision to make right decision to avoid loss as little as possible. Even you think your prediction can be 100% accurate but it all depends back to the market.
Day trading is not doubt very much helpful to the ones who are in a need of having a good earning and that too on daily basis but the thong is day trading is not that much easy thing to do as it seems to be. It is a very tough job to do and that is the reason why most of the traders failed to do it in a way they wanted it to do. You need to have a lot of knowledge with good skillset for better results. |
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I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).
So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
I don’t really know, but one thing for sure is that if we are hundred, about fifty people or more will drop from Bitcoin. If you ask me, my answer is a YES, I will continue to make use of Bitcoin, but that doesn’t mean I won’t be considering the situation of the market, cause any single mistake I make will lead to loss which I wouldn’t like to take. |
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Within a year and half, bitcoin value soared from ~$1000 to the staggering $16000 dollars. Everywhere around the world, bitcoin became the buzzword. After touching 16000 USD value, bitcoin value faltered considerably. Today the value stands somewhere around 8500 USD to the 9000 USD range. Many new-investors from many countries have almost lost their investment after this.
I think this price correction is good for the bitcoin and alt-crypto as well. Why? :
* Correction is way of setting up appropriate expectation. (what goes in up also come down)
* Bitcoin and crypto is not like your normal stock-market. Rather it is more volatile ans susceptible to market manipulations.
* People with heart for financial freedom will remain with bitcoin and or alt-crypto for sure. Gold diggers will vanish as soon as party is over.
* People understood the value of crypto more seriously.
Bitcoin has still more potential to be explored. Whatever happened with bitcoin will make it stronger.
What do you think whether this fall in value of bitcoin is good for it or not?
It’s always good. The market is volatile, and not just volatile, but highly volatile which means it will be fluctuating most of the times. It doesn’t go up only, it goes up and down. When it goes down it helps to convince some people who are reluctant at first and makes them see it as an opportunity to invest while it is still very low. |
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As long as the btcs going to exist in the world, the bounty programmes are also going to exist too. Its that simple
Yeah it is like if A exists and B is dependent on A. this B will exists until A remains. As soon as this A finish, all such B will demolish. If we compare bitcoins world with this relation, bounty campaigns will be finished if bitcoins wouldn’t be existing. Bounty campaigns are amazing and they are providing so big chances for every unemployed to get money through simple work. |
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That would be an awkward situation hope the day doesnt comes specially when i am a miner myself :")
No doubt in it. Definitely it would be a dark time, a dark era. But what to do when such scenario comes because you don’t have control over bitcoins world. So unfortunately if such conditions are observed what to do? This is important. As far as I know, you should be waiting. Don’t do anything else. Don’t see the market trends, don’t get tension. Just wait and prices would be increasing slowly and gradually. |
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Hope this happens so I can buy the dip haha
Hahahaha you seem more awaited for dips. Well yeah, this would be a fantastic chance for every buyer out there to examine the scenario and buy according to their pocket range. For such dips, better is to keep an amount gathered already with you that as such situation comes, hit the market and earn your part. Bitcoins are not that much hard to get, just use some technicalities of field. As long as nothing is wrong with the market to make everyone to just want to sell, I do not even see how it can play out. However, if it ends up playing out and there are people to sell to, that means there are still real believers who believe in its usage and a time will come when some of us will still be available trying to buy the pieces that everyone has rejected, which I am sure they will still come back to buy from us at the top when the time comes. |
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I have seen that certain people said that market will never sleep. As I know, like usual market at NASDAQ or NYE Stock Market they usually open their market at 9.30 a.m. to 4 p.m. So why does it call market never sleep? I am curious. I am new to this kind of thing
Outside crypto world, or should I say when it comes to offline business, market does sleep lol. You can’t expect a man to be working 24 hours everyday without sleep, unless you will have to be rotating the duties, which means you will have morning and night workers. Well that’s the same when it comes to online markets. |
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The market tends to go down, so I have invested 100% of the funds into ETC, do you ETC will comeback strongly? Please give me your opinion, thanks
I think the price of ETH will again rise again, because the price decline is now due to the number of investors who make sales for the benefit of buying new coins. So you do not need to worry, try to be patient to hold your coins in the wallet. It seems like there is a need for you to go at the top of the page and read the topic again. Here we are discussing about the movement of ETC (ethereum classic) in the future and not about ETH (ethereum). I hope you know that both are different coins and hold different value. Ethereum (ETH) is a fork of Ethereum Classic (ETC). people have traded ETH to buy new coins and not ethereum classic. ETH is surely a great coin and platform with security, but the same cannot be said with ETC. |
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Yes, I feel good with your statement very encouraging and I believe it. It's true that in this world of cryptos we should always think positive. In everything there is always ups and downs but the situation change. Yes it's true that the market will not fall forever.
Every market has some trends and situations, where situations decide whether the market will go high or the market will go low, and then the trends decide about the market value and its future. Crypto currency is trending and since the last year there is not a single day when there is no news about the crypto currency. Good news or bad news that’s another thing, but it is trending on the media and the social media on the daily basis. So reading these trends, one can easily claim that the market will not fall forever. |
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I believe this is the beginning of the next price hike, after the price spike in late 2017. maybe it could be even higher, given the growing bitcoin users. and we all expect everything.
We all know this fact quite well that the demand of the crypto currency will keep on increasing in the days to come as still there is 99% of the population who don’t know anything regarding it and at time when they will get to know about it, they will surely go for investing their money into it which will increase the demand of the crypto currencies and as a result of which the graph of the crypto market will go even higher. exactly! I'm located in the USA, and almost everyone I know has no clue about crypto. There was also a time when the "Stock Market" was new and confusing and didn't have a lot of buy-in. Fast forward to today, and it's hard to find someone who's not playing the stock market in some manner...either through actively trading or investing in a 401(k). This industry is so new and has so much potential, that it's definitely going to rise. Which means a day will come when everyone is trying to play on the cryptocurrency market too right ? I am not surprised that a lot of people does not really know much about cryptocurrency but it will change over time which is the reason I am not against regulation anyway as that would give investors the peace of mind in investing in cryptocurrency. I am optimistic that the future is great and I am looking forward to it. It is very much true that for now, not lot of people know about bitcoin and the crypto currencies because it has not been a long time for this world to see these crypto currencies. This is actually a very time taking process and that it will take lot of time to make maximum people aware of bitcoin and all that stuff. I am very much hopeful that coming days will surely bring lot of positive things and will help us in getting rich. |
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Strong Hands means, you are not afraid even the bitcoin price become lower. Also, the strong one will earn someday and believer will be bless. And in Weak Hand, this people afraid to lose and risk their money.
It is all and all your personal thinking and your will power to face any kind of risk boldly which make you either weak or strong. If you are not storing enough from inside that you can face tough situations boldly, then there is no point of investing your money as eventually, you will end up losing your money and that is not at all a good thing to do. If you are strong and can control yourself, then you can achieve anything in your life. |
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in my opinion is it will convert to half of money and another half again reinvest. what is your opinion and let rock together with my topic.?
If you ask me, my main target for getting into crypto is to make money but as of how much I want to make… I have no answer for that. Even if I hit $1 million dollars today, that won’t make me quit from investing my money in cryptos. I don’t know for others, but I believe everyone has the same target, which is making money. |
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Where can I buy some coins with the cheapest price? Too many exchanger & trading sites out there, you don't know which is the best one.
The best way In order to by cheaper coins is look for someone who is in rush or in need. Keep them in check always so that you could be the first one to gain benefits. Indeed, if you have a friends that is need a money and he want to sell his coins then buy his alts. It is better to buy from someone you know to avoid higher fees. Or perhaps you should buy when you saw the price if it is in low price. Also you could earn coins via bounty campaign without purchasing it . You can buy the coins from any place but the thing is it is better to buy the coins from some trustworthy and well reputed trading exchange. This will help us in having this satisfaction back in our minds that all our money will remain safe and that we will not fall victim of any such thing. Other than this, buying of the coins is actually a good thing and will definitely help us in having some good profit. It also depends on your country anyway as sometimes, if you are doing exchange in fiat, then you may have to look for the one that is locally available to you. However, in a case where no one is available, I am very sure localbitcoins will be the best bet. I used to make use if localbitcoins before until I started making use of Luno recently and Luno platform has been awesome. |
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I saw in cryptocurrency market every coin value going down, let's talk something now about future cryptocurrency.
Not the first time, it happens all the time. That's how the market works and there is no need to worry about it. During the last few months, the price dropped down to $6000s-$7000s but recovered pretty quickly after a few days. That’s true. The harder the market crashes each time, the stronger it grows and rises the next time. Whenever cryptos fall, there is no need to worry, just keep on buying in every dip and correction you see and you will be surely in significant profit once the market recovers and the crypto currencies are back on track to reach new all time highs and breaking records. Always keep buying in part by part when market crashes and keep selling in part by part when its on rise. |
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hi peepz, we all know the declining price of bitcoin today since the start of this year, so i have made this thread for you to post ONLY positive things about bitcoin on how it affects your daily lives, please do sights some of your personal encounter using bitcoin in buying online or on a physical store if there's one. you can also post how you earn bitcoin using this forum.
if you are to post negative things about bitcoin, i believe you should not be here in this thread, there are other threads that tackles the disadvantages of bitcoin so please spare this one.
i believe that this should be helpful for people who have no idea about bitcoin. including newbies in this forum. who knows, maybe some smerit giver will read your post if it deserves to be merited depending on how helpful and informative your post is. so good luck to us all guys.
EDITED: please do not post statements that you agree on why i created this thread, what we need is the practical use of bitcoin today, just to avoid spamming posts that are already posted above yours.
Yes it’s always good for us all to be promoting Bitcoin in anyway we can, but there is no means of promotion that you will introduce to the community now that is a new thing. People have tried promoting Bitcoin in a lot of ways, but same thing seems to be happening. The main thing is that not much people are interested in investment. You can’t force and you can’t insist on what’s going to happen, cause it’s just a matter of time. |
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