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In terms of ROI(Return on Investment), there would be many Altcoins that are better than Bitcoin. But in terms of risk, there is no Altcoin better than Bitcoin. The reason is most of the low volume Altcoins are very volatile. They can make your investment 100x in just a day. But similarly there can be a huge drop and your coins might worth nothing the other day. There is a huge risk when investing in Altcoins.
So, I would suggest unless you are good at trading. Don't go for Altcoin investment or trading. If you want an investment that doesn't tense you much and your money keeps on growing. Then there is no better alternative to Bitcoin.
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The user has deleted hundreds of his post. Deleting post does not affect the rank once attained. ~BCX~ Not for every rank. Only Newbie, Hero and Legendary are exceptions or you can say its a kind of error. For every other rank your rank get lower with deleting post. |
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Let me be clear. Nobody here can give you a 100% guarantee of good returns on any coin. Altcoin market is very uncertain and scams are quite common. Unless you yourself understand the market, refrain from trading in altcoin and stay in Bitcoin. Bitcoin has least risk and gives good ROI. You got a huge amount. Invest wisely. If you want to start with altcoins. Start with small amount like $100 and try to understand the market through charts.
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I have heard and also read in various threads that mining is too risky. The invested money can all be gone with a blink of eye. Actually i am not sure wither i should do it or not. If i invest, then is there any chance to loss all the money?
If i invest, then what should be the amount first?
And in which sites would be better to do mining?
Most of the cloud mining companies are scam. Some which aren't, it is never profitable to invest in them. You will just keep on waiting for your returns. With all that huge fees they will rob you of your money. Stay safe and instead buy some Bitcoin and hold. You will enjoy better ROI. |
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Market Behavior
As expected, price discovery has been very volatile during these first couple of days. And perhaps more importantly, price discovery is still very limited, for three reasons in particular.
First, as mentioned above, many Bitcoin users are still having difficulties accessing their BCH because not many wallets support the new currency. And even if wallets do support it, accessing BCH requires users to give up some level of privacy, security, time and more.
Second, hardly any exchanges have enabled BCH deposits yet. With some exceptions, only users who held BTC on exchanges that credited users with BCH at the time of the fork were able to sell their BCH. All users who controlled their own private keys have had to wait or find someone to sell to themselves.
And third, because Bitcoin Cash blocks are slow and the chain insecure, even when exchanges do allow BCH deposits, it can take hours if not days to credit an account.
As soon as everyone will claim BCH and all the major exchanges enable BCH transfer and withdrawal. There would be a huge dump in the price. BCH seems to have bleak future which only gained importance because of Bitcoin popularity. |
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Can anyone suggest a trustable cloud mining or genesis mining site to invest in? Im looking to test this service known Cloud mining & Genesis mining
Anyone tested such site?
Any kind of suggestions are welcomed.
Thanks.
Don't fall for cloud mining. If you will invest $1000, I can guarantee you that you wouldn't be able to earn your $1000 back even in a year. Rather it is better to buy some Bitcoin and hold it for a year. It will get you more return on your investment. |
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Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  i choose both option since i mostly go gambling if i got free time , to be honest never do trading before because im not smart enough to learn and observe btc and alts price , and since gambling is pure luck and waste of time i think , probably i wanna start trading if i got decent funds to cover my losses Trading is a serious business to take. If we really want to earn big with trading, we need to equip ourselves with all of the trading knowledge and skills as much as we can. It will always be a continuing process - in every trade we make, we either learn or earn. Unless we don't learn from previous trades, we cannot go on profitable with trading. In gambling, it is based on pure luck except with games that requires skills like poker and the like. But in Altcoin trading, luck too has a big part because Altcoins market is decentralised and without regulations. It is very hard to find a factor that really drive the price. Most of the cryptocurrencies are driven by mere speculations and some shits coins are driven by pumps and dumps. Along with skills, luck matter too while betting on a coin. |
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Offcourse, there is a threat of another split by Segwit2x hardfork scheduled in November. The fact that a significant percentage of the economic nodes have signed an agreement to hard fork means, well, that there will probably be a hard fork. Depending on how much of the network (miners, merchants, economic nodes) hard forks and what response some objecting companies may have, this may mean 2 Bitcoins at that point. The scaling drama hasn't over yet.
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I started investing in Bitcoin in 2015. Before that I used to invest in stocks and properties and along with that used to do Forex trading. But the return on investment I received with my investment in Bitcoin is seriously unbelievable. Bitcoin took least of my attention and my investment went approximately 10x. This is the finest investment I have ever made.
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In forex there are many specific trading indicator such as fibo musang, turtle trading, can i used specific forex trading indicator in crypto trading?
These technical strategies work well with Altcoin trading as well. They basically are used for determining the exit and entry points. So are helpful in altcoin trading. But at the same time altcoin trading is very different from Forex trading because of its Decentralised nature and thus it has no regulations. Which makes it very uncertain and pumps and dumps and scams are quite common. |
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I don't think it would be possible for Bitcoin to touch $5000 by December when it finding it hard to cross the threshold of $3000. Moreover, there would be a hardfork event in November which will again bring lots of speculations and uncertainties with it. We might see a fall in price during that time which will make $5000 quite tough to reach. But $4000 is very much possible according to me.
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I have always believed that Bitcoin or cryptocurrencies as major are built in a way that they can only coexist with fiat currency or any kind of national centralised currency of a country, but can't eliminate it.
Both have their benefits. Cryptocurrencies on one hand help in online transactions, trading, investment, anonymity etc. Then on other hand regular currency is best suited for day to day transactions. I doubt there is any cryptocurrency available which can match the ease and speed of cash transactions. Also the volatility of cryptocurrency will create a problem in economic development of a country. Regular currency is best suited for that.
We need both of them as for now.
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Sooooooo my friends... here we go...
August 1, and 2, are now coming to an end!
Are you satisfied?
Have you increased your BTC holdings?
I didn't listen to the suggestions of moving BTC to my own wallet. Felt bad.
Had BTC in Bittrex, got $10000 free today!
Yes, $10k free. Sold BCC near $1000 / BCH.
OH MAN.
But tbh I really feel bad someone bought this.
The buying activity was mostly driven by the large holders and they created a pump which made many new traders fall for that. But this is how the market works. You should be happy instead. All the people who had BTC on wallet find it tough to claim their BCH and were late to the party because no major exchange was allowing BCH transfer plus added fees. Now price would most probably be dumped. You had a great profit instead. But on the whole BCH doesn't has any major effect on Bitcoin and everyone is happy with their free money. |
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BTC (soon to be SegWit) and BCH are competitors. Some guys have already said that BCH + BTC combined resulted in a new all time high but I don't think this is correct because they are 2 entirely different coins sharing a similar name.
But they aren't competitors as well. There is no solid relation exist between Bitcoin and altcoins. Nobody is dumping Bitcoin to buy BCH. Actually the fact is Bitcoin doesn't has any cryptocurrency as a competitor. The reason being Bitcoin drives the cryptocurrency market. People tend to buy others coins through Bitcoin. Thus, bitcoin rather support other coins. Even in month of July, with the devaluation of Bitcoin other cryptocurrencies too follow the suit and overall marketcap declined a lot. But as soon the Bitcoin gained momentum, altcoins too. Hello Guys,
Do you believe another forks will exist after a few months or years?
Talk to me, please... thanks
Yup, after Segwit lock in period. There is a scheduled 2x hardfork in November. If till then there is 100% support to hardfork. There wouldn't be any split. Else the other minority part which wouldn't be supporting the hardfork will continue with older blockchain and thus a new coin. |
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Bitcointalk username- iram1011
Twitter post link- when accepted
How many followers- 1991
Your twitter username- @crypto_buzzes
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My theory is people {pumpers} are just moving coins around on exchanges that released coins to their users. Most exchanges do not accept BCC deposits yet and even if they do, this will most probably bankrupt them. { People dumping BCC for Fiat } The pumpers cashed out before the event to enable them to manipulate the markets. { They will pump the price artificially and then dump to take profits. }  Most BCC holders are still busy figuring out how to extract their BCC, so a flood of coins {supply} will come.. when they have done that. { By that time, pumpers would have cashed out at a high price } I agree. Some big holders are just pumping BCH before everyone claim their BCH and come to exchanges for trade. As soon as that happens, they will sell all their holdings. Regarding Bitcoin price, Bitcoin and Bitcoin Cash aren't inversely proportional. They don't have much relation. Moreover, BCH is free coin and people aren't dumping Bitcoin for Bitcoin Cash. Bitcoin price will increase and is not dependent upon any Altcoin whereas Altcoins are very much dependent upon Bitcoin. |
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Bitcoin Cash's value will remain 10 times less than BTC but with 10 times less mining difficulty as well. Just like ETC usually remains at 10 times less value of ETH.
1 BTC = 10 BCC... This is going to be the future rate.
Wow, this would be great  Currently we see crazy growth for today, I'm going to enter after the first dump I think this is not great because we are patronizing an altcoin forked out of the real bitcoin. Also, you can read all of the comments of bitcoin users that they will just get their Bitcoin Cash and then send it to their Exchange wallet and sell it all off. I think most of the users will just be selling off their BCC because they are not interested in another Bitcoin/Altcoin. Who wouldn't like a free bitcoin out of the new Bitcoin Cash right? There most probably be a price dump soon when all the BTC holders claim their BCH and were able to trade on all the main exchanges. Everyone would be selling it off for a better price and before the expected dump and I doubt after that phase BCH would be able to recover and come back to $700. After a month or so people might forget it. |
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If u want constant income from btc trading u have to learn it by course... And I think u need huge experience also...
You should need to suggest the course name as well that they can get easily and learn about . Because it is not a place that you just suggest them a course without name. Need to mention the name as well. But in my opinion they do not need a book they should need to go watch slides about and go to Wikipedia of that they knowledge should be improved. Learning to trade with books and courses ? I don't think any of it would work in real life. In basic sense you have to very practical about the trading. Well, books, they are just to read and not every time they tell you the story which you wanna hear it. Best way is to step into trading with demo accounts. Try fires for the instance who provides you demo account. I know it's completely different world than trading but you have to start understanding the signals and news relations. Get ideas from social networks, campaigns on and threads as well. You will learn most of the things all by yourself. It is much appropriate and better to step while studying it you are on that place at the same time studying the trading. You can easily understand it. Just like how to join here as a member in . Studying the trading world is really important. If you studied, of course you will gain a lot of knowledge. Knowledge is the most important in the the trading. If you have a lot of knowledge, for sure you can make a lot of profit. knowledge is the key to success in trading. if you start trading without any knowledge or without keeping in view of the market value or rates on daily basis. you don't get enough profit or you don't earn as much as others are. so, if you want good result in trading start with less investment learn some knowledge gain some experience and then enjoy the result. so, keep it simple first learn some than earn some. But still what I believe is even after learning some tricks of trading, being good at analysis and reading charts, nothing can guarantee you a profit in uncertain and decentralised market as of cryptocurrencies. Cryptocurrencies are really hard to predict, the one which was doing great in recent months might turn to nothing and can never recover. There is no such rules and regulations in cryptocurrency trading. Thus, people stay prone to pumps and dumps and various other scam coins. What all I suggest is to stay in famous and high volume coins backed by some great project. This goes for ICOs as well. Or else Bitcoin is the best long term investment coin which guarantees profit with less risk. And for having a constant income through trading would require a lot of experience and is not very easy. |
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@1Referee. From a financial point of view, what are you saying? That we should not dump our BCC and hold them in case the price will go up? I cannot see a reason why it would go up to more than 30 billion in market capitalization. That would make it no.2 in https://coinmarketcap.com/You didn't understand what I meant. I was saying that from a financial point of view, this chain split is a smart move for the entities behind BCC as they are extremely large holders. It will gain them millions and millions without doing anything. Negative aspect is that this move isn't morally the best thing to do, as it might potentially hurt Bitcoin in whatever way. In other words, their hunger for greed is so strong, that they take it as collateral damage in case Bitcoin might suffer from their actions. I don't think they have or they will be able to effect Bitcoin growth with their BCC fork neither on financial level not on demand level. Indeed it is nothing more than a greedy move. BCC is likely to fade away in thin year before its inception. But still the large holders would be able to make a good profit through BCC (such an easy free money for them). This is the only reason for all the fuss related to creation of BCC. It wasn't at all required. |
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Since many bitcoiner and bitcoin services decide not to make transaction, i've seen that recent block size has been reduced and only few transactions are unconfirmed . In fact, website such as http://bitcoinfees.21.co/ now recommend optimal bitcoin transaction fee only 40 satoshis/byte or 9,040 satoshis for median transaction. Do you think bitcoin transaction fees can stay low even after SegWit is activated and BCC/BCH fork completed? Offcourse the fees would not stay this low after the fork. This is just a short term reaction to the event. But with Segwit activation, fees are set to drop. The main reason for the implementation of Segwit is to bring down the ever increasing fees and to reduce the backlog of transactions. We will soon see an affordable fees which will be quite decent for small transactions as well. This is the only reason for the huge support to Segwit. |
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