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Economy / Economics / Re: Investing in Bitcoin in 2019?
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on: February 24, 2019, 01:53:36 PM
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I've always been watching bitcoin since mid-2013 up to now, and the market/bubble is painfully toxic. I'm not a big investor or economist, and I probably still only have superficial knowledge on how the entire blockchain systems work.
I just patiently watch the graph, and keep telling myself not to invest because everyone tells me it's a giant bubble that will someday pop. Recently, I started to run a few side businesses dealing in Bitcoin as payment methods, but I've never stored it long term and always converted it to cash.
I remember back in 2014 when I first thought of investing in Bitcoin as a long-term investment, and obviously was pressured out of it because everyone kept thinking it was a bubble that was about to burst. I'm starting to think about it again now that Bitcoin is starting to crash - and generally speaking in the past it's done quite well after crashes, recovering and increasing every once in a while.
What do you guys think? Is it worth it to give it a try? This would be my second crypto investment, and I'd be throwing in $5-10,000 at most. Any ideas?
if you are sure of all and believe in investing in cryptocurrency for what you doubt, anyway, in my opinion the current price is the base price where if you go down you don't lose too much. invest in is it true that investing in bitcoin is undoubtedly because bitcoin is one of the coins that investors rely on as a place of investment that promises results of profits |
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647
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tired of waiting?
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on: February 23, 2019, 02:19:03 PM
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With this market you will be more tired if you are a short-term investor or a trader. It is best to invest long-term and do not need to be too frequent and interested in this market, it will help you to avoid being tired of the market.
it's true the problem as short-term traders are always waiting for the market to rise it must be tired of long-term investors because they must be relaxed and won't be tired of waiting |
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649
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: I stop using some exchanges
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on: February 23, 2019, 02:15:07 PM
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for me, so far I still use exchanges that have large volumes such as binance and hitbtc because in my opinion the market is easy to sell because it has a volume that is very basic and also easy to use.
I also like that, I still use exchanges like binary, because that is a stock that has a large volume and is also easy to make transactions. so I will not stop to make an exchange on this exchange |
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650
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Economy / Economics / Re: Tell us about your experience
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on: February 22, 2019, 01:45:01 PM
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I have been in bitcoin and altcoin investment during 2015 and I feel many experience about how bitcoin and altcoin price growing up and down, many time I faced bad moment when have keep holding my asset and bitcoin was lower price.
but i am sure your investment being worthed in 2017.maybe if you already collect bitcoin no 2015 ,now you already have much money.and most of people ever facing bad experienced. if that's certain, because in 2017 the price of bitcoin was very high, which made many people make huge profits. the problem is that many people have a lot of money in 2017 |
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652
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Economy / Economics / Re: What can be done to make bitcoin stable?
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on: February 22, 2019, 01:31:37 PM
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I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
making bitcoin stable is impossible, most bitcoin is controlled by whales and whales always make moves that are hard to guess and make bitcoin always go up and down like they want. it's true because bitcoin will never be stable because from the past until now the price of bitcoin has changed frequently every day. but to make the price increase in bitcoin can be done by means of investor assistance |
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660
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Economy / Trading Discussion / Re: risk in hodling and trading strategy
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on: February 20, 2019, 01:17:06 PM
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Hodling without any risk management is very risky because just like current situation all altcoin dumped hard more than 90%, alot of investor loss much money because just hold the coin without any management of risk and money. Both way trading and hodl is good way to make huge profit in crypto market if we understand the trend of market and we have risk management.
Having knowledge of market trends will be very profitable for traders in the crypto currency market. if they do not know the trends that occur in the market, they will only throw away their money because the price situation is very frequent. because it becomes a good strategy and knowledge of market trends is very important for us going forward so that we quickly become successful when trading. because that is the key to its own success, so when your coins soar better sell immediately because it could be in a short time down |
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