In my own observation on these past few months,if the bitcoin price in the market goes down,all other coins are also down. Other coins will remain,if bitcoin's totally died?
Any opinion please!...
If bitcoin will die, i supposed other altcoins will also drop its price, but i dont think that other coin will also die, price may be drop by 90% but it does not it will die, different coins have also their different usage and purpose, they are not the same anyway. |
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Is current time good for buy more coin?
Normally, I will buy more when the price of coin is dropped. But with this situation of the market, I doubt the effectiveness of buying decision. Please give me an advise!
The important thing to consider is that, what specific coin you will be investing in. The right way to do that is to look on the market on which coin is best and can be long term, if we talk about bitcoin, then this time is the best time to buy, dominantly speaking bitcoin is more easy to liquidate that is why, whether the price is low or not, its still good to buy. |
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Never a good idea for an individual to put everything into one basket in cryptocurrency; as this can be devastating and detrimental. Safest way which is ethical in cryptocurrency is diversification of portfolio than operating on a single portfolio.
I agree, putting an egg in one basket can be more risky at this time, regardless of what investment you are taking into it, the best thing to do is to scatter the investments into different coins, which is can be less risky, in the sense that a big loss can be prevented. A golden rule of some successful businessmen is that, never trust to only one business, diversify the business. |
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It would be a milestone for the whole crypto makret if goverments of most western countries start accepting cryptocurrencies and make proper taxation rules. This would really speed up the adoption, because lots of people won't touch crypto at all, because they are afraid of IRS or other financial institutions going after them.
I agree on this one, once the government accepts crypto for government transactions it would drive the mass adoption of cryptocurrency and this would cause massive community adoption and support, and i really hope that someday government could make an analysis on how crypto help in terms of government transactions in order to speed up the process. |
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Friends, Ripple is actively developing. What is your prediction: should I take more coins in my investment portfolio?
I would say YES, ripple keeps on developing their project, and take note that ripple started their projects few years ago, and its still up, this means this is an indication that this project could have a better future, compared to other coins out there, also take note, that ripple is still on the number 3 spot and one of the most tradable coins so far. |
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I never encounter like this situation, as far as i know, KYC has been notified in the beginning of the bounty campaign, and its been reflected on the rules before starting the bounty campaign, however if this situation happen, which is for me a some kind of rare, i think bounty tokens will go to the manager or it depends on the situation maybe, if the project team is responsible for distribution, then its up to them how they would manage the tokens left after the distribution.
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bitcoin will rise again in 2019.
seeing the development of bitcoin at the end of the year is indeed very worrying for investors to remain strong for now because bitcoib in early 2019 will rise again ...
What do you think??
Hoping and thinking to rise again gives a positive impact, of course i would say that bitcoin will rise in 2019 whatever it takes, and it should happen, you know we are all investors and traders at then end of the day, and we are all dreaming for a bigger profit, in fact we are all here because are need to earn profit. On the technical side of bitcoin this last quarter, i would say that there must something to upgrade and continuance of adaption is still the key to achieve its world usage. |
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I'd like to start trading, but what happens when you get profit from a new coin? you pay taxes as individual (like capital gain) or you must open a registered company?
Id like to state my reason, that in the laws of the land of a certain country, if it categorizes tax for crypto then its applicable to submit income tax, but here in my country Philippines, there was no laws that specifies income tax for crypto trading, hence the government is still in studies on how it could benefit in the economy, if it pushes. |
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