There are many projects that are waiting for investors but it is difficult to raise funds in this time because there are too many coins are not on the exchanges, really not easy to find a kind of valuable coin. So we need think carefully when we should hold and when we should not.
You can try doing some research about the coin first so you will be able to know if the team are really experienced to their field and if they are professional and so you will be able to tell if the project is worth investing with money. Holding is a good strategy for the people who want to make a lot of money from their investment. |
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Take a look at the cryptocurrency market like using, coinmarketcap and you will see the different types of cryptocurrency and if you want to get the good cryptocurrency then stick to top 10 of the overall cryptocurrency market and just choose them to invest your money but if you want a lower ranks crypto then that is when you need to do some research first.
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Cryptocurrency will really help the business to expand in the world because the cryptocurrency is faster in processing of payments and more secured than the fiat money so the business owners will prefer going into cryptocurrency which will become as their primary option for making payments and that is how cryptocurrency will just spread in the world of business.
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If you are just getting started in trading then you should not use bot or rely on bot at first and keep your trading process by yourself because that is how you will be smarter and that is how you will adopt a lot of knowledge in the process of trading where at the end of the day you can use so you can just create a bot that will work for you.
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I don't sell my Bitcoin. Because I believe in the profit in the next year. I know that 2018 is a hard year for the crypto market, but I still recommend to invest this year if you want to help profit in the next year.
Investing in bitcoin is still a great move because of the cheap price of bitcoin which is a good deal and you can have a lot of profit if you will hold your bitcoin and wait for the price to reach at least 15,000 in the next few years. It is about patience and you should have a tight plan for your investment so you will not fail. |
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If you want to become trader then you should create an account to the exchanges like Binance and you should have a capital to trade altcoins or bitcoin itself. You should be mentally prepared and you should have known different ways of strategies to trade cryptocurrency because if you don't have anything yet then you will lose money because this market is riskier than stock market.
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There is no secret for trading. All you need is knowledge and also courage to pursue trading because if you want to become a really great trader then you should have a lot of knowledge about the market and how to analyze the market in order to become a very good and a professional trader. Knowledge is almost all of the foundation in every field so you need a lot of that.
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When the legalization of cryptocurrency comes to life then we all know that there is a need for cryptocurrency to be regulated so the users or people who are in the cryptocurrency will know their limit of using cryptocurrency to their country and also to avoid the people who will abuse cryptocurrency so there will be in control of this new type of opportunity.
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Thanks, it would a great help for monitoring prices of coins. Make it easy to be updated in one reference, its hard to open different apps so telegram bot is a great help to us. Just ine type boom, price is there. One more thungs is we will ve updated also in our telegram account so less hassle
It is a huge help for the people to save time because having a tool which can give you the price of bitcoin immediately then it will have a huge impact to the time management of a person who is trading or investing. Monitoring of new coins is hard because there are only few exchanges that we can use but with that tool then it is an easier way and more convenient. |
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What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
I think that this time is really very sensitive, you can see that bitcoin prices are constantly fluctuating and falling sharply in recent days and can see that the market is in serious crisis when the bitcoin price is under $ 5800 mark. Actually, I think the price of bitcoin will be very difficult to recover so the price of altcoin will continue to fall deep. So you should not buy altcoin at this time though the price is very good, this is no bottomless market. The opposite is the truth what you need to be doing is to begin buying good altcoins that you know have a good future, if you do that and hold for years then you will get profits, I know that doing that is difficult when you see the market going down every day but if you are really looking to make money with the least amount of effort possible then this is the right time to invest. It is indeed the right time to buy some good coins right now, yes they are dumped hard these past few months but they will still recover and go up and that is the best way for us to invest in good coins is to get them while the price was cheap and that will become the key for us to have a good position in this market. |
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I sell my coins in an exchange but sometime i prefer peer to peer transfer or mode of transaction because i don't want to dump it on the market so i am just getting into peer to peer and transferring it to their wallet because it is a win-win situation since the buyer will not going to worry about the fees of the exchange and so on.
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It only means that there is a panic selling that is happening right now and that panic selling driving the price of bitcoin to go down even further but for the people who are used to this types of scenario for bitcoin, they are not getting affected by this happening and they are just taking advantage of this by buying cheap coins.
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The perfect time to buy is right now, as the price is still below 7000 then that is a good point to buy now and keep your bought bitcoin in your wallet for long term purposes. Buying bitcoin is taking risk of its investment side so you should just put the amount that you can't afford to lose and you should be ready to either lose more money or earn more money.
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If you want to be successful in trading then you should know that it takes a lot of work before you become successful even in trading because working hard with a consistent effort is a complete key toward success so if you are losing hope because you are seeing no progress then just be patient and continue working until you reach your target goals.
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I don't think that the bitcoin holders will have to pay the tax because there is no law in my country that says that i need to pay taxes because i am holding bitcoin or any other cryptocurrencies but i think in the future it will happen since cryptocurrencies are getting more attention and it is now being more popular than the past few years.
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If you want to get the chance for a very cheap bitcoins then this is the time for you to start buying the bitcoins in the market because there is a lot of predictions in the internet that says bitcoin will have a bull run for the month of august until december of this year since that is the range of bull run from the last year market's data.
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We have to understand there is no one knows what the price is going to be for Bitcoin. I don't think is a good time to sell. But, if you need the money that is a totally different story. Good luck.
Selling bitcoin is just right if we need the money for emergencies and i agree to you that selling bitcoin right now is not a good thing because the price of bitcoin is no assurance if it will continue to go up down but for me, bitcoin have a higher chance to go up now since it is dumped so hard for the last few weeks. |
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The Q3 of this year is coming and that means that the cryptocurrency have a higher chance to have a bull run since that is the cycle of the cryptocurrencies and because of that it means that bitcoin can recover now and go up and as well as the cryptocurrencies in the market like the other top altcoins. I am sure that this Q3 and until the year end will be so great.
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Yes without a doubt cryptocurrencies are going to be the future money of the world. People do believe these digital money will hold value in the future and will soon be successful too. And hopefully some people will soon accept the changes of the future such as digital money.
The future of crypto currency depends on the users of this community, It has a potential to be used in countries to develop its economy and also for technological advancement, crypto currency has so much to offer regarding this matters, I think some countries will accept crypto as their alternative currency in the future, some of the countries are using this like Japan and South america I think. Yes, the community of a cryptocurrency will be one of the major key for itself to grow because if there is a huge and supportive community then there is a high chance that the cryptocurrency will last longer than the others and that can be a key for the cryptocurrency to keep growing in the market since there is a stable demand to support the price. |
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Day trading will never be based on luck because it is all about skills because if you have skills then you can minimize the risk of losing money in day trading since it is very risky and you are playing with the volatility of the market day to day and if you will just base on luck then you have a high chance to lose a lot of money since you don't have foundation to rely on.
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