As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks
I agree. I have come to learn that this market is not for those who don't have patience. I say that because the smart moves in this market always involve holding for months or even years at a time, and enduring those times when you don't get anything from your ventures. It's hard to do that, especially for those investors or business people who likes it quick and action packed. Although there is a venture in this market that has that kind of atmosphere, mostly they are more about patience and waiting for the right moment to cash out. |
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I always prefer to hold those coins as the reward received is very less to book profit. I just simply forget about it. Maybe one day, those few tokens will yield me a lot of profit if it is a success.
I agree. That's what I usually do too with the rewards I get. My mentality is to circulate the coins I get in rewards to get those coins that I want or dispose it to buy coins that I want. I usually give ICO-born coins a time line in terms of how long I will keep and hold them, which is usually about six months to maybe nine maximum. I check out if the value of the coins would double or triple by the time the project launches into market, if it does then I dispose it accordingly; however, if it doesn't I wait for the best time to dispose it for the maximum profit. |
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Citizens of Japan are going all-in on Cryptocurrency. Japan, a country known for its progressive financial vision, has reported an unprecedented 3.5 million active Cryptocurrency participants on the island. More than 80% of traders are between the ages of 24-40. Japan made bitcoin a legal currency! Will other countries take an example from Japan in near future?  Good news definitely. I think Japan has come to see that cryptocurrencies are legit and can really do lots of big changes in the market. And since Japan is a pioneer with accepting new technologies as it is party of their culture and tradition to embrace changes, then the dream of many cryptocurrency users of a place where coins can be used like any other currency to pay for services and good, while not removing its capacity to be used as an investment medium would now be a reality in Japan. |
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I think it is going to take some time before ETH is increasing in value again (there are a lot of bad news atm, which engages people to sell).
Hopefully it will reach $200 so that we can buy us silly and then wait for it :')
Well, there is a possibility for this to happen; however, from when I started venturing this market, I have to also learn that anything is possible. Therefore, as much as it may go down, it also have equal chances to go up in value. I still believe in the capacity and capability of Ethereum to rise up. It has been one of those reliable and good coins in the market, and the support it gets from people is still intact more or less, so that would certainly help in keeping the coin still afloat. If it reaches that low, then I would say that that's the perfect time to buy. On the other hand, if it will start to increase, then the long awaited time to dispose the coin for a return would be closer than expected. |
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Good news and good read mate. I am not surprised actually; Japan is one of those countries that are always very aggressive with venturing in new stuff and developing new technologies that can help improve their nation. And since cryptocurrency is one of those new technologies that can be adapted for the better of the currency and business system of a country, then I am sure that even though it has its risks, Japan would gladly embrace it and make it work for them. That's why Japan is always one of those uprising nations and economies because of that ability to see the good in something rather than focusing on the negative. |
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To me, there is no one "best" way to earn money in this market, the fact about this market is that there are so many ventures that one can enter that can bring good enough profit with varying levels risks and returns as well. Some are a little basic while some are a bit advanced that need a fair amount of experience and knowledge to pull off. Although if I have to choose, for beginners and for those that don't have much asset to use, bounties would be the best, it's easy to do and commit to, plus it's not that difficult to do the campaigns for a good enough return. However, for many seasoned users, the best way is to do trading, however, for that venture, you need to actually have a lot of knowledge to know how the market work, and also, the right assets to make trade aggressively. |
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I'm a newbie in this kind of thing and I was wondering how many Bounties are you guys doing at the same time? So far, I can only do 5 bounties. Are you guys doing like 10-20? Thank you  It depends on your capacity and time. For some, even one bounty is just to hard to commit to. For myself, I try to focus on one, but I do multiple campaigns for one project, like Signature, Translation and Social Media all in one project. Instead of having, for example, multiple signature campaigns for many different projects, but that's just me. I do that because I can only commit to one because I have a full time job that I spend most of my time to, plus the other activities I do outside of the cryptocurrency market. |
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I find the current trend is to hold coin worth, trading habits should change because it is really complicated and difficult to bring profit, stay away from the ponzi model and lending ico. That is my advice, and you, see the current trend like?  There should be no question in this move mate. I say that because it's know to you that the market is not doing good right now, generally speaking, and that includes all the market assets, coins and tokens alike. Therefore, if you won't hold, which is the smarter and best move available right now, your investments would just go down the drain because you would for sure only get a loss if you would try to sell now. It's easy to discern how the market is doing right now, all the people would have a common idea on what should be done right now, and therefore, that is a good indicator of the status of the market. |
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The price of Bitcoin depends on many factors. But the core is still in the supply and demand of the market. All the rest are aimed at changing the supply and demand rules in order to change the value of bitcoin and altcoin. So when investing in btc or any other coin consider the real need and value that it can bring. For example, apart from investment, which entity would like to accept it?
That's right. But, I think that the information provided in the original post are helpful for a person to consider when deciding on how to invest in this market. However, like the above stated reply said, it's just so hard to actually predict how the market will unfold because of the many factors affecting it. So, the best way to avoid losses or bad business is to really be closely updated with what's happening in the market. The more knowledge and the better updated you are with what's happening to the market and to the assets you are holding, then the better you can deduce what ventures you should pursue. |
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Global cryptocurrency investors are showing their enormous interest on bitcoin due to bitcoins upcoming bright future. 2017 was a great year for bitcoin.Bitcoin reveals its power to the global economy.worldwide investors are funding their assets to bitcoin now.i think bitcoin will set a new benchmark on 2018.Rival merchant organizations are feel free to invest and work with bitcoin now.its just a matter of time when bitcoin will rule the global economy.
Well, I guess there's no way but up for this market. It has been down for quite some time now, and since many people are noticing that it's going green. Then, it shows good signs that it can recuperate from the slump it is experiencing. For now, it is yet too early to predict if the value of Bitcoin will increase this year. I say that, because like last year, the surge came at the last quarter where it tripled its value, so until this year is at its end, there are still a lot of changes waiting to happen. |
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Day by day we are getting news like , this country reject bitcoin that country accept Bitcoin. Technically it stands a contrast perspective with the Central Bank and the economy of the country. But as I love BITCOIN , I pray Every single country will accept BITCOIN one day. No Liabilities or debt with BITCOIN:Bitcoin is a conveyor machine, meaning that there are no liabilities or debts associated with it. You can't get loan from it , or you can't get profit through interest. If you hold it, it’s yours. And as such, there can be no run on a “bitcoin bank.” It's Independent. Bitcoin is considered as Fiat Currency :Of course you can assume, holding bitcoin superior in many ways to holding fiat currency in a deposit account. Here Fiat currency are those which can not be backed by commodities . It has all the benefits without the risk of capital controls. Because of this, the growth of bitcoin is sucking value out of national currencies. The higher capital will rise the higher value it will get. The Capital is really HUGEI think there is now more than $70B worth of bitcoin sitting in bitcoin wallets.One thing to consider here , the asset is not under any management. So we can call it AUP (Asset Under Management ) , but we can call it Assets Under Protection (AUP). And here is where the risk to traditional banking resides. What does a world look like when a simple bitcoin wallet is indirectly protecting as much money as big giant companies , organizations like Bank of America or Fargo etc. Wallet Becomes BankAt that point that wallet becomes a bank, Haha , a newer form of bank with decentralized function, with different rules, operations, and monetization policy. The Last Reason- PEOPLES LOVE BITCOINThe real reason that banks should worry about People loves BITCOIN. People always love easy process, better stability and full control. All things are available in this case. Bitcoin actually threatens the bedrock policy and business model of Banks. That's why Banks are attacking Bitcoin.
I am trying to write good article and trying to research more to build good article. Really dreaming to get first MERIT. Thanks you guys. (Forgive me for any mistake)  Good read mate. However, I think that instead of "attacking", I think that banks are just protecting or safeguarding their assets from something that can potentially be market-altering. The cryptocurrency market is a new market so-to-speak, and at the moment it is showing so many negative things that might scare away any probable investor, and since it involves business and money, which in turn, where banks get their bread and butter. They are just trying to protect themselves from the backlash if this market rises. However, I think, in the future, they would also delve into this market because it's a legit market nonetheless. |
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You can investment your money in land, house, gold, silver, stock markets, fixed deposits & savings in banks, start some business or invest in some business (like restaurant, hotels etc..) Actually Bitcoin and crypto currencies are not required/unwanted  The concept of cryptocurrencies/Bitcoin is to get away from the fiat banking industry. All of your examples above are still within that industry and rely upon government paper. Crypto currencies are just that, currencies. An alternate to government/bank controlled fiat paper. Governments don't like this concept and have classified cryptocurrencies as assets and not currencies to rival fiat paper notes. Your mindset should change to the fact that they are currencies and not assets that can be invested in. Currently the hype that noobies have come in over 2017 is that cryptocurrencies are assets and base it off of their native fiat. With the growth in the exchange rate they have come to see them as assets, like precious metals, and have "invested" in them. This line of thinking has contributed to the wild swings in the exchange rate to whatever local fiat is applicable. That's right. It's a different kind of currency and market asset that can be used for many different things ranging from trade, investment, holding, and all other ventures that may lead to you earning coins or tokens. And since part of the title of the thread is safety, I am not sure if there is a true blue safe way of earning in this market because the market and its assets are just characterized for their risky nature that it is often moving in a volatile manner where price changes is an everyday thing. The venture you should choose should depend on what you can commit to and what you feel you can earn from. |
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Probably not as there will be no more supply. It should increase If the demand remains the same. I wouldn't think much about it though, we would be all dead by then.
The limitation of maximum amount of bitcoin will automatically makes the demand increase easily. May be bitcoin price could be more stable but it will still tend too rise. Nowaday too many traders who trade bitcoin everyday. It makes the volatility even higher, if more holder and bitcoin that exist rather than bitcoin trader then the price will be more stable. I agree. I think the prices are controlled by so many different factors right now that waiting for it to stabilize would be too far out at the moment. I mean, it's not your traditional currency that has safeguards against market movements since it is backed by reserves. Cryptocurrencies, being a different kind of currency, have a different means of what's affecting its price point. So, I think, the only key for its price to stabilize is for its affecting factors to stabilize as well. |
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i invested in 3 ico but they all make me uprooted.
1. ATFS
2. BEZOP
3. LEDU
and i think this ico causes bitcoin and etherium prices to drop.never trust again to ico.
Hahaha, I suggest to you than you invest in ICO better you invest in altcoins. Investing in ICO is not guaranteed for example you've been tricked 3 times, try to invest in bitcoin or credits looks the result. Starting from now stop investing in ICO. For assurance and you don't want to invest in ICO and some altcoins anymore then you can just invest in bitcoin and Eth instead and just hold it, just don't put all the funds or the money that you have, just allot some of your funds of it. I think that it can be so concluded that since you have invested in three that turned out to be bad apples that all ICOs are scams. There are so many ICOs going around the market day in and day out, and the act of choosing which ones would turn out to be good sure is a difficult task to do, thus, I think that you should just check on the commonalities with those three projects and try to deduce what went wrong with them, so that, you can avoid these kinds of projects next time. |
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Hi
Can somebody recomend good podcast/news site for crypto oriented information?
ive being coming here mostly, also cointelegraph and i was listening to Bitcoin uncensored.
But i need more i guess.
For me, I mostly get the information here in this forum and just all over the internet. I also sometimes watch videos from YouTube posted by seasoned cryptocurrency users when they share their experiences and tips that could help newer users. What's important is you compare the information you get with all other sources at your disposal, because in the internet, you know that any information can be posted, but it's reliability is always up for discussion and your sound judgment. |
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I hate my life so much right now xD Who else bought on ATH? All that you have to do right now is to hold. Don't bother with checking the price every few minutes, even days. Just relax and wait for better times. There was a spike and big drop right after, it happened many times before so I think it is absolutely possible for it to happen once more. Don't panic and take it as a lesson for the future. I'm sure there are plenty of people like you, that's why we see this huge "sale"  I agree. At least, by doing that move, you mitigate any losses or avoid them altogether. I mean, even if a coin you just bought dumped in value, it does not follow that it would not rise back up again. Therefore, like the above-stated reply said, the best thing to do is to be patient and just hold on your coins until such time it recovers. Anyway it's an altcoin, and based on previous happenings, if it's a new one, it has more chances of actually prospering and gaining quicker. |
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I knew about crypto at the end of 2017, after a short time increase and make people crazy to invest, everything is down now. I'm not a trader, i'm just a holder, but i'm still afraid of the sign of market recently. Will everything be changed in next year? or several years later? Can i still invest in crypto?
Yes I do, I think what you're missing if you keep on holding to the uncertainties is the fact that as this market is legit and can do a lot of good changes. One should also invest a lot of patience in it because it certainly has many aspect that can break your heart and belief in it as a curious venture seeker. There are so many negativities surrounding it and so many people sharing negative news about it that it's easy to believe that it will not have a good future. But, if you would really find the time to understand how the market works, then you can see that it is still promising. |
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I think the suggestions going your way is predicated on the fact that Bitcoin's and Ethereum's price is going down, and so, it's the best time to buy them and make it a part of your portfolio either for trade or for holding, and to be held until such time that they surge in value and recuperate and gain back the prices they lost. However, patience is always key for this move to be useful, because if you won't be patient, and half-heartedly discontinue on your ventures, it would only amount to bitter losses. |
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I just came over from the 'Investor Games' subforum (hope I got that right). A guy there said he came across a site asking to double his bitcoin, he paid in $20 and got $40 the following day or so. He then went for a higher plan of $300 hoping to cash out $600 but they asked him to pay in another $300 before cashing out. He got confused and was asking for advice.
I think I've been there before. Before I became a forum member. I once came across one of those scam sites promising to generate bitcoins. Thought it was real, but when they asked me to pay some transaction fee, I was stuck. I had no money to pay the fee. With the benefit of hindsight, I know I'd have sent them the 'transaction fee' had I had the coins to send them.
Now, what have been your experience with internet scams?
How do we help people not to get scammed?
I feel for you mate; however, I am lucky enough to not be scammed yet. Although, I have joined and investment time on projects that seemed quite good in the beginning but ended up to be bad projects in the end. However, I can't blame anyone, not even myself actually, because the projects and the market are just like that nowadays, you can't exactly tell which ones would be prosperous and which ones would go south. So, I am hoping that I would not be scammed because I am sure that it would be frustrating, but in terms of joining bad projects, I have always been ready for that. |
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It is important for your personal goals, how much you invested I mean. And you are right, timing the market is crucial, in any market and especially a highly volatile one, and more so if you are dealing with short-term or daily trading.
I agree. I think you can invest as much as you want and the questions if that will lead to a gain or a loss would most likely be up to you. If you would be smart with your investments, knowing when to cash out or hold are good moves to master in this market. Another critical character one should have is the virtue of patience. Not everyone can actually have that and wait for the best time to do business in this market that would lead to a gain and not a loss. So, the matter of "when" to invest is a part, but I think what's more important is "how" you manage your investments. |
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