The only reason why people buy bitcoin, is to make money.
Wrong. People buy bitcoin trying to make money. But there are two kinds of buyers, the ones who make money and the ones who lose money. Tons of people end losing money just trying to make money. But that doesn't mean bitcoin is a losing game. At the end, the ones who play it smart are the ones who end making money. Trading is zero-sum game except broker fees and commission. Your profit is loss of someone else and your loss is also transferred to balance of other smart trader. Considering the facts about failure rate on trading it is obvious why there are so many exchanges,brokers,market makers than required. |
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Yeah, you need to be a player if you want to be successful in trading or investing. Especially in cryptocurrency. We all playing survival game now. The strongest will survive.
Of course, the smartest will persons will survive and the strongest coin will survive. You don't have to be a stronger holder to survive in market but smart one who does research, and stay away from FOMO. Trading is not game between guy who has high IQ and other person who has lower IQ. In order to get clear idea i advise to watch the movie about trading called "Enron: The Smartest Guys in the Room". FOMO and FUD is not case on bear market imo. |
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Say whatever you want, but I do not believe in another bullrun before the halving. It can get warmer on the market, but there are no guarantees that it will last long and much.
I also don't agree with opinion of op no matter how many straight facts stated by him. Halving will reduce the reward for each block but reduced supply is not always the good reason for bull market imo. Bull trend will start with small impulses on market and guessing exact date is not acceptable by smart traders. |
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I thought price was some move but Ethereum price down again. After published hardfork of Ethereum price will be rise, problem is trading volume is down.
After news about date of new ETH fork price raised intentionally. Developers postponed again date of fork but prices again reacted quickly than before. Volume is down for a year and only strong exchanges will survive on this bear market. Great way to see strong hands. |
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At the moment I will not buy altcoins, as I expect that the market will fall even lower. So far, I just keep my altcoins in the long term and plan to buy only when the market falls even more.
I also prefer to sit tight and wait for next moves by market. Lower low points are sweetest for getting in right trading position. Long term investing is not my cup of tea and there is no clear market direction under this market conditions. |
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What makes us still survive in the crypto market situation that has often been red lately. Do you still have high hopes that crypto will become a real future that can be accepted throughout the world? Thank you very much..
Yes of course! After all, this is an amazing, fantastic technology! I am sure that the blockchain has a great future. It is still only at the beginning of its development. Serious studies of widespread use, even simply was not conducted. Give this miracle another 10-15 years - and we will see fantastic results! Blockchain invention helps to reduce the side effects of traditional system without doubt. Maybe bitcoin will not survive over years but this new invention will stay with us for years. Let's see how governments will play with rules. |
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I think it's worth investing in OMG, Ethereum and ADA. Also worth thinking about buying a Ripple, but so far, I would not buy any coins, as the market is still falling.
ETH is best investment among mentioned coins imo. Bull markets are the easiest market cycle considering the facts about holding rate of crypto community. Bear market doesn't let traders to breath and take their time for coming back later. |
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If you look at the history of the development of the BTC , for example, the strategy of patience pays for itself with a huge plus. I think that patience is probably the most important thing in crypto.
BTC chart is not considered as old graphic for technical analysis. BTC is just 10 years old and this is the reason why there is no proven track for crypto trading strategies. Patience pays but it also kills on same time. |
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If you think that trading is just only a waste of energy for your person than consider doing something other. Look, you have got a limited amount of energy like battery if you waste all energy into one activity than how much energy is left to other jobs?
Trading is not business of Average Joe. It requires skills,economic knowledge,money management for controlling yourself and savings. Maybe someone is able to trade part time beside doing something else. Full time trading is nor cup of tea for guys who have paid job imo. |
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In most cases, it is difficult to differentiate a good project from a scam project, because these scammers ensure everything about the project look so real. Therefore, anyone can fall a victim even with extensive research being conducted about the project.
Yes of course even good bounty managers nowadays handling scam projects so which means good bounty manager were having a hard time also to identify scam projects or not. This is why many investors nowadays are having some problem when it comes to trusting a project to invest. Anyway, well just be positive that the governments on each countries will help to solve this problem even if it means taxing tge cryptocurrency. Scam projects mainly look for easy ways to promote themselves. Big investors are looking for big bonuses in private sales and scammers use this fact for their own advantage. I don't blame bounty managers because they don't have more info than bounty hunters regarding possibility of scam. |
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We are grateful to work with PundiX Labs to improve financial inclusion and bring digital payments to an untapped market of smallholder farmers in rural Indonesia. Read more about our partnership here: http://bit.ly/2JQlY5i Really useful project. I saw on ICOmarks project will apply stated solutions in Singapore. Do you have bounty campaign? I wish you best of all! |
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Today Want to Ask , did Satoshi Created bitcoin to solve poverty issues or he created this bitcoin so solve financial transaction problems !!
Is crypto a get rich quick scheme as people are putting their mindset into it ?
Digital currency is basically useful as a media for financial transactions. Digital currency is used because it has many benefits compared to conventional currency. now the digital currency has transformed as an asset, it has been proven that many people have become rich after getting to know digital currencies. what needs to be done is to try continuously. Don't give up And take advantage of every situation that exists. Not all of us are here to get more profit but you stated valid points. Opportunities are there and no need to give up before testing our luck/skill. Mindset matters in this industry and becoming rich is in our hands. Traditional banking robs average people with percents and we don't have so much alternative. Digital era gave us this chance and hope things will be better in future. |
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EOS has more potential than NEO and MAN. I remember latest big pump on exchanges that have trading pairs of EOS. Price climbed to 28$ per coin in this pump and 3 days later price decreased to again 17$. It is not smart idea to join pump after seeing the 80% increase in price but i was wrong. I regret my decision why i din't join to this short term trend.
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I continue gambling despite making occasional losses (though I'm overall in the green thanks to esports betting) as I set aside a small portion of the crypto I get for gambling that I am okay with losing. The entertainment value's great with all forms of gambling, and as long as one stays responsible with gambling and doesn't risk more than what one can afford to lose, gambling's just fine. I make more than enough to cover what I lose while gambling and more.
Fun part is important for you,so you gamble when you lose small amounts and have money to afford gambling.Bu lot of people coming here to make easy money so they can't get out even after they win or lose eventually will get addicted. Because of that hope that someday you will earn more through gambling, you didn’t realize that you already lose a lot of money. Having fun is different in chasing your loses, I think its more on betting higher to get profit which is sometimes not happening. I can see here a lot of reason why people continue to gamble, and I’m convinced that gambler are ready to take more risk just to take back the money. They can go to any level of taking risk to make money but in the end the winning or losing is not in our hand,our fate will decide so chasing back the losses and hoping to win the money back is very risky thing to do.They can better think of how to make money again with the money what they have left in their hand will be a wise choice. Revenge is not case for smart gamblers and only keeping emotions stable can prevent to get beaten by atmosphere of gambling. After series of loss punters look for ways to recover loss so they check big odds of favourite betting events. Noone likes to lose in casino and loser's psychology doesn't let to think with clear mind. |
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For long-term investment, such cryptocurrencies as Bitcoin, Ethereum, IOTA, Cardano are most suitable. These are cryptocurrencies that are already well established in the market.
yeah, choosing the coin from already avaible with trusted project is great, especially if you choose from the major altcoin based on coinmarketcap Rate of trusted projects tends to come down on charts with positive correlation with market prices. Major coins will survive even in panic selling that causes big crashes but i can't say same thing for altcoins. |
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After 2008 financial crisis economists started to ask questioning sustainability of USA $. Btc is still not used as storing of value like safe assets(gold,silver). $ inflation rate increases every single day and dominance by USA protects it against any alternative currency. Honestly i can't find good alternative to the strongest currency of world and count table of USA debt already passed trillions.. It looks like World war 3 is not far away..
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I didn´t buy Binance Token for now because it doesn´t offer passive income to holders.
And this I do not understand why Binance decided to not giving collected fees to BNB holders.
They introduced new ways to grab more BNB tokens with converting small balances to BNB tokens(automatic swap via exchange bot). Binance is still best exchange but it will lose this reputation after generation of new decentralized exchanges. |
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Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
Yes, it is hard to gain the price before and too long to wait to reach it again. In every increase in price, many are ready to sell what they have even get little profit because they do not wat holding but trading. Those who hold are not losing their minds, maybe what they have is not worth the price it has today. Bitcoin has high potential for recovery, it won't end no value this soon. World markets are changing constantly and as a part of it we also try to adopt this changes. Anyway we will continue to trade no matter which market cycle dominates to market. Soon prices will find its real value and traditions will change towards this new sector of business. |
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yes, of course 2019 is better than 2017 because market are ready to going down again, and people are panic sell again and make market down so deep
It is just started 17 days ago and i guess you don't have crystal ball to predict. Downtrend will likely continue till we get rid of stable phrase before talking about uptrend. 2017 was loop that attracted new crypto investors to this industry. |
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It is more understandable to buy top 10 crypto for investing purpose. Eth is able to hit more realistic targets with this potential but markets are not under developers and crypto community. Long term perspective will bring more value to portfolio instead of speculating with short-term trends.
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