I am optimistic when it comes to bitcoin but to reach 100k or even 50k is too exaggerated I think and this will not happen without any developments with bitcoin. If the Lightning Network is not yet released then there is no reason that bitcoin will reach this kind of price. All of us know that bitcoin has many problems already and that is the reason why bitcoin is for the long term. As long as there are no developments with bitcoin, it will not reach this price.
Yes, there were many reason that caused the crypto market to crash, but I think one as a suitable reason for bitcoin that is the issue with its transaction speed, scalability and the transaction fee issue. Not before long, the transactions of people were even stuck for more than 14 days and the transaction fees soared high between 13 dollars to 33 dollars that created quite much nuisance in the minds of people for bitcoin. Scalability is also one of the great reason that is holding bitcoin back. It is just able to process 6 transactions per second and that is quite less if we are thinking about mass adoption for bitcoin. |
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The average investor are those who sometime comes into the investment and by this investment they can get profit and with the other side the investor get interested in some other coins as well so for average investor a lot of chances are available in the crypto market and now the market is moving to a good side which will show a growth of crypto in the future.
There can be two possible definitions for the average investors. First one is the one who seldom comes and invest his money into any of the crypto currency and is not a regular investors like the ones who keep on investing their money soon they get a chance of investing. Second one is that such an investors who only invests a small portion of money into crypto currency as part of his investment. |
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recently the majority of people see btc and use it as an investment opportunity. If there won`t be liquidity in market than the demand will fall sharply and even if someone would like to dump their coins they won`t be able to find any buyer which would make the coins without any value.
Even if there is no connection between all exchanges, they already have the bucks and that is what makes them an exchange anyway. The thing with most exchanges is that they trade too, and they make a lot of money from these fluctuations, so at the end, there should be enough to go around. Asides that too, I really do not trust any exchange if ever a scenario like that happens, they may just simply close down or stop withdrawals, but we cannot see a situation like this anyway. |
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It is not only you, a lot of other investors who have been trading is having the same problem. I think that a different approach is required. Just buy bitcoin and Ethereum and hold for long-term. Forget about short-term trading.
That’s a good advice. If you are bad at day trading and short term trading, its better than you buy some good and reliable coins and hold them for long term to get good returns. I would recommend coins such as NEO, XMR, BTC, ETH, XRP and IOTA for long term holding. Distribute your investment in these 6 coins and mark my word you will be in good profit at the end of 2018. |
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In the whole world all the Governments wants to control the Crpto currency. But peer to peer blockchain technology is a decentralized and transactions can not be traced so crypto currency can not be controlled.
I disagree with your statement. Governments in the whole world don’t want to control the crypto currencies, they just want crypto currencies to be regulated so that any illegal activities or terrorists groups receiving funding from these cryptos can be stopped and also so that people may pay their taxes fairly and not hide in some exchanges or wallet. Paying of taxes is necessary in any country to carry out developments and maintain the existing structures and government will take all measures to ensure that taxes are being paid and illegal activities and being put to an end. |
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I was talking with a friend of mine about cryptocurrencies and he said: "Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money.  " Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions? Which is somehow true, you can't teach the value of bitcoin to other people just let them learn about it by their own. Your friend is right and besides how will he say that bitcoin has a value if it doesn't have that much of a use now a days. Once the time comes that bitcoin is widely use then it will be more convenient to use it than fiat currency. Time is most probably the reason why the percentage of fiat users are larger that those of using cryptocurrencies. Physical money or fiat has been here for more than a century. The technology that brought us the creation of digital currency is much younger than fiat money, but as the world adopt the changes behind the knowledge of man, several innovation and adoptions of modern technology will come to its time. So expect changes on your ratio as time goes by. I have a little different opinion in this matter. All the crypto currencies rely on internet. If someone wants to use any Crypto coin, he must have a good understanding of that. Paper money does not demand any kind of technological knowledge. Even an uneducated person can use fiat but it is not the case with the digital currency. The user should be able to read English and use internet. This is the reason why I always say Bitcoin and alternative coins are the currencies of coming generation. |
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I would definitely say ethereum is a great coin to start out with. I think it will continue to grow and is definitely one of the most well known coin. I don't really look too often at the price of it and have a long term plan to hold my ethereum presently!
Ethereum has a bright future for sure. Though I consider bitcoin as the right coin to start out with but I support investing money in Ethereum because it can be equally trusted with money. Apart from its slow progress rate, the point is it makes progress and is not a scam or bubble. I see a very bright future for the king of alternative coins and a brighter one for the king of crypto currency kingdom. Better to go for diversification. |
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Like most things, being panicked and making decisions based on fear will not bring the best results. When I see a dip, I either hold what I have or find something interesting that I feel is a bargain and accumulate more. Cooler heads always prevail.
That is the only way possible to make the most profit out of one’s investment. We need to think about all the possible ways of earning money. Most of the people have mindset that profit can be earned only if a crypto coin is bought at a low price and sold out when the rate is high. But that’s not it. This is the simple truth. The more amount of crypto coin we hold, the more money we will earn and to increase that amount, dips are the opportunities. |
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Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
Unfortunately millions and even billions are affected by mass media. When some information that Bitcoin can be a bubble appears, people rush to get rid of it, they do not but BTC and the demand follows together with its rate. Ban of BTC in some countries is also one of these reasons. The people who react to FUDs or FOMOs are the ones who have little to no knowledge of Bitcoin. The only reason behind their investment is the Desire to earn big amount of profits like those who became rich with the help of Bitcoin, but they don’t do even a bit research about this asset. Whenever there is a dip, there are more bad news occurring and these guys start panicking, Losing their patience and trust, ending up in the selling out of Bitcoin |
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I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD. Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison. Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD. Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering? Actually all of the currency around the world can be used in illegal actions like buying and selling drugs online or in real world without noticing the government yet it can be revealed. But in bitcoins you can't leave any trace with your transactions with drugs because it is all hidden. Really? As you said, why do the Korean and Japanese government catch a lot of criminals related use cryptocurrency for crime? Because after all, you need to exchange crypto to FIAT and that is the time for the police track the source, data, information of seller and buyer through exchanger. We are living in a world of technology and digital gadgets. It is nothing impossible here to trace someone. We are surrounded by CCTV cameras, our google and other researches are having tracks stored in the databases of these search engines. You cannot escape from the grip of intelligence agencies. It is not just about bitcoin or dollar used in illegal activities and being caught with them, the point is that we cannot escape from technology. |
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For me why people choose bitcoin to invest because bitcoin is the earliest currency and can be sure that you're safe investing, because the value price in the market demand is so much you can trust you to invest in BTC more than any other ALTCOINS.
You are absolutely right. There will be more changes for the people to adopt bitcoins than altcoins because of the reason that bitcoins have more likely percentages for profits than altcoins. And this is the only one reason behind every person who is entering in this world. People want to make money, they don’t have any emotional concern with bitcoins or altcoins, bitcoins provide more so they want to get them. |
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Study techinical analysis if your serious to learn efficient trading. Otherwise, hold some coin for a very long time.
Technical analysis has its limits, you only need one positive or negative news and suddenly all your analysis is not worth a thing, that is why it is important to be up to date to what it is happening with cryptocurrencies all the time, this makes trading even more difficult than what it is, since not only you need to read the market but to understand how it can react to some particular news. People often talk about the price charts and like you must be observing this and predicting on the basic of your analysis that what is the chart saying right now. But you know what is important, like you have said too, the events. All those happenings that make these price charts move up and down, they are noticeable. Get them exact and your predictions and analysis will be solid. |
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Stocks needs a wide knowledge and many prerequisites unlike crypto that only needs wallet for the altcoins/btc and trading account. Anyone can experiment trading and enhance their skills that is very complicated to do in stocks.
For me, both the things are good at their own place and have a bright future. It is you who has to analyze his personality and qualities and then make the decision according to his own personality. Most of the people are inclined towards investing in crypto now-a-days as compared to that of investing in stock and that is because of the number of advantages and benefits which they are enjoying by investing in crypto industry. |
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as bitcoin price has come too low from 17000$ to 11000$ , im just curious now will it will decrease more?
is it a right time to buy btc??
what are the chances of bitcoin rise?
Now i think the chances of bitcoin to rise up, because now bitcoin has spend a time of dump and the time is starting of pump and i think bitcoin is not down more than it, and if anyone want to buy bitcoin then it is best and best time to buy bitcoin. Now i have no more money to invest in bitcoin, otherwise, if i have money then i definitely invest in bitcoin. But i have invested my all money in bitcoin and i am in the race of waiting the bitcoin and want to see the high price. Grab the opportunity while you can. Bitcoin is suffering from a decline which allows investors to buy it at a lower price. Anyone who intends to invest here, now is the right time for him. Even after going through a decline, it is an expensive coin but after looking at the highest predicted peak of this year, it would actually feel cheap at the moment. It has a very bright future and we can earn big profits from bitcoin. |
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What is a decent amount of Bitcoin you should have to make day trading worth while?
I think that for you to be able to trade well, there are a lot of things that you have to pay attention to in terms of knowledge, technique and market information. We can see that the price of bitcoin in the recent period has not changed much and is gradually going and showing signs of slowing down. So I advise you not to trade bitcoin at this time, want to trade bitcoin you have to spend a huge initial money that it brings you very small profits. So if you really want to invest in bitcoin at this time then buy and hold for a long period of time then you are profitable. Not at this time but with bitcoin, I will never ever suggest trading. Trading is a proper profession and it needs a lot of attention plus technical knowledge. Bitcoin is not something with whom you can take risks because once you have lost this mighty coin. It is not easy at all for you to regain it especially in trading. Keep in mind that trading should be done with altcoins because they are not much expensive and easy to collect as well. |
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At moment i have a large list of coins. most i had bought at prices low, while some i am taking a loss at moment.
with recent dips going on. some are below, as its now a buyers market
should i still eventually invest in more BTC? ETH and LTC
should i sell off some alt coins and re buy at a lower price, since everything is still falling?
thoughts?
thanks
The buying signal I perfectly use is I wait for the reversal of downtrend. I also use the support and resistance it's good indicator if you are ready to invest again. I usually hold only 2-3 altcoins on my portfolio, this is to make sure that I monitor each coins on my port. If you already have profit on your coins maybe you can consider it to employ the cost averaging strategy this is to maximize the opportunity of dip. If you are mediocre and want to invest into bitcoin then this time is perfect for bitcoin investment because prices are stay at the lower level and people are buying it like it is in sale but soon this time will be over and bitcoin will start giving people neutrally and I think this time and price will never come again because people who are buying at this time will hold coin for the long terms and they will not sell in coming weeks. |
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Not bitcoin is the next big thing. Bitcoin is a big thing already base on the price, how influensive it is, the effect of bitcoin to the economy, and how it gives financial freedom to people. BITCOIN IS A BIG THING RIGHT NOW.
Yeah you are right it is already the biggest thing in this planet people are crazy about bitcoin it is discussed all across the world in public gatherings and now richness scale has changed from cash to the no of bitcoin you have, all these thing are leading us to the digital currency era and I am very glad that first users will be us and I think bitcoin will keep on blessing like this and especially the pioneers one will get more profit. |
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I think there is no way to trade without losses, if not everybody will try trading and it will become to shortest way for making huge wealth, which is not the case with trading world. Trading always involve its risks, and even if you are experienced enough and having good knowledge, there is possibilities that you lose some trades.
That would be an ideal situation and ideal situations do not exist in reality that is why they are ideal. Such a sweet dream it is, to trade without facing a failure but impossible at the same time. In order to grow, we need to fall and understand the meaning of growing. That is why life is all about ups and downs. No one can have a smooth journey and honestly speaking, that life won’t be worth living. |
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The most attractive concept for me about bitcoin is that im working home yet can i earn money enough to support my family..
Bitcoin allows us to make money anywhere, its technology that keeps on improving overtime makes its more attractive for me. I know bitcoin will go higher in the coming year, I will be ready for that. Well of course the price itself, and the fact that you can earn it whenever you want appeal so interesting, unlike working for government and other centralized system , the salary is fixed, whwnever the economic state of your country you cannot have a better amount unlike here just wait for the pump, everything will go under control.
The price volatility attracts so many people not just investor but also critics even government are studying this kind of technology now. I hope that bitcoin will attract more investors and this technology will become more successful in the future. For surviving in this world, what we all need? I am pointing towards the basic needs and those are shelter, food and clothes. But all these can be obtained if we have money so basically, cash is all that is important for living a good life. Bitcoin is very promising when it comes to earn good amount of profits due to its fluctuating nature. We already have few examples of bitcoin produced millionaires and all of us wish to become one. |
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Always aim to buy low, I use graphs to give me an idea of the price fluctuations and then check news to make sure there's no alarming reason as to why the price is currently low. If all looks good then I buy.
I can understand your point, but the fact that you want to analyze the chart is accurate requires a great analysis technique, as this is a new and volatile market that is difficult to analyze. correct way. I think that in this market there is no certainty even if you have accurate information, everything can change in seconds. Analyzing the market and doing chart analysis really helps you to have a fair idea of the market in the coming days. The fact id more the hard work you will do before making any kind of decision, more are the chances of ending up having a huge amount of profit. I do buy only at the time when the market value of bitcoin is this much low that I can afford buying of bitcoins. Moreover, I also buy the coins when there is a need of having more bitcoins. |
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