One of the reasons why they are taking such a hostile stand is due to the falling value of the Indian Rupee. INR has lost almost 10% of its value ever since the beginning of the year. The central bank is saying that part of the reason is crypto-currencies such as Bitcoin.
of course, many Indian people are investing in bitcoin, so that demand has decreased, and as we can see depreciation began at the beginning of the year. of course the government must have a specific policy, so that bad things don't happen usually common policy to make their currency appreciate again was rise the interest rate, so much money prefer to buy it currency that will give them high yield.and while fiat currency decrease usually its fund move to another market.
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As a result of negative news, many people are afraid, those who come to crypto only with one goal, namely profit. Without having knowledge makes them panic, and decides to sell, and because so many people panic the market is experiencing a sharp decline.
panic may only be done by ignorant people and do not think of the risks that come when they have sold it. the down market has become commonplace for us so there is no need to panic, just need to wait for it if you want to make a profit. always believe that everything will be fine and recover soon. Well, seeing that the price of crypto has dropped, it's very common for me. for now, I don't have any plans regarding that. I will only hold my coins until 2019. well, maybe the price will improve again that year. maybe you need other option to make your asset value increase again although in current condition.sell it and buy to other coins maybe could make us earn profit and our asset value increased again.
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I think the best way that I learn in Crypto to save my money in a long time period is to invest it in some trusted Crypto's that will make it also grow and I think it is the safest way to do with our money than putting it in a bank that will make some interest from it.
and the questions is how we could find this projects.we often see many fake ico appear in cryptocurrency market.and this market did not become safe place again for investors. before we become investo in cryptocurrency market, we should have to learn about it.doing research and observation about good project was obligation for us to get our succes from this market.
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One of the biggest mistake you can make in Cryptocurrency is to put all your money in one coin believing that the coin will go to the moon with your investment but what happen is the other way around, coin went down hill with your money in it, leaving you with only 25% of your capital.
Whats more worse on the 1st one I mentioned above is putting all your money in 1 investment, I mean your life savings, your childs educational funds for the future, your retirement fund, all invested in cryptos and next thing you know, the owners decided to run away with your money. Rule of thumb in trading, only use your extra money, money that is idle or ready for disposal. Never use or trade from money who doesn't know you.
But when bitcoin decrease they become panic and sell bitcoin. After that they start hating cryptocurrencies and giving advice to people that not to invest with cryptocurrencies. I invest highly in cryptocurrency later the price start dropping. All the media start making fomo which scared me i sold my money in panic and i lost large amount of my money. On the next day i heard that news was fake and bitcoin start increasing. That mistakes makes me mad and poor. you just following other people and did not make some research about bitcoin and cryptocurrency.and i think its too hurry for you.big mistakes you did and maybe it could be good lesson for all of us. we should have to prepare our self with some important knowledge and skill before invest our money in cryptocurrency market or on other investment portofolio.if we didnt, maybe our money decrease alot.
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look at the cryptography, in the general field helped me a lot, I made friends from the branch, I met interesting projects and ideas, at first I'm losing money, I had a small profit in the last 2 years that compensated and I manage to pay a lot of debt, i love crypto, bitcoin and blockchain!
we provided many opportunity to earn money and make our economic life become better.although sometime its need our struggel to get success.such as getting lose or manybe our bounty reward didnt paid.
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After several years, i believe that bitcoin will reach another all time high. A very high market cap that may reach to trillion of dollars can be achieved and of course, a very high market price too.
maybe it could happen on next several years, after government legalize cryptocurrency market.and much stores implemented and received bitcoin as their payment.
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As we see at the moment, the predictions and forecasts for the market recovery account have not come true. The market is still under the control of bears and no one knows when the market will recover.
we have to wait and be patience facing current condition.recovery didnt easy thing to do.its needs much money to make bitcoin and cryptocurrency price rise again..and only big investors could do this.
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I have seen quite a number of topics here where people have been selling or asking for advice whether to sell their properties to invest them in bitcoin. Am surprised some people forget that crypto investment is not always a win affairs. You either lose or win. You can as well make profit in crypto with small capital if only you have the patience to hold and wait for the time when the market is booming. Do not be a greedy investor. Always invest with an amount you can afford to lose. Have a nice day.
Well in my opinion you don't need to make big investment In crypto. Or make small capital to make profit. Just join in bounty program or any kind of campaign to make profit. I agree. There are ways to earn without investment on the first place. I am also started with nothing but my account and find campaigns. I earned and invest some on the potential coins that now keep waiting to increase the price. I sometimes do trading, little by little I get profit. this is the only way for us to earn and start trading without using our own money.much bounty hunter become trader and miner too after they collect much money from bounty reward.
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#Proof of Authentication
Bitcointalk Username: iged_war Telegram username: @iged_war ETH wallet address: 0x62aD54f5B1a668eD266A6e7f27a43770d0003855 Campaign: Signature campaign
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ETF is a significant step in the development of crypto industry. The effect of ETF will be significantly higher than from futures. ETF offers great opportunities for ordinary people to enter a new investment market.
But 50,000 dollars before the end of the year, this is something unthinkable.
I think that btc price don't reach 50k dollars even if passed the ETF.This market still needs long-term development.Maybe it will be realized in a few years.It also may never be reach. i am agree with you mate, etf approval would not be main reason for bitcoin price recovery,there are much factor needed for make investor become confidence buying bitcoin again, so its price could reach above $20k.maybe legalization could help it.
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As a new kid in the cryptocurrency world, we often have our share of first mistakes in trading which helps us to be able to become better and wiser in the next transactions. What are these usual or common mistakes that newbies commit?
the majority of experienced by novice traders is a lack of patience and greed in taking advantage and it's almost done by all beginners including when I just learned to trade Self-control in trading is very necessary and it's very important friends they should learn to control their psychology and emotion.they have to conscious no one could be rich just in a night.so greedy could make us suffering lot lose.
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I think this is a good time to buy. The price is unlikely to be below $ 6,000.
dont said its best time without any reason.we should have strong reason when we decided to buy bitcoin or altcoin.especially in bloody market like current condition we should take careful action
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Which do you prefer? Hello Everyone, want to ask few questions here. Short term or Long term investment? Which is more profitable to you? What coins do think that is good for long term now? Feel free to comment your ideas and opinions. A technical would always goes with the chart as their bias so it doesn't matter. But yes short always makes people to go on a double edge risk. Fun though but not for everyone especially new in trading. unfortunately long term investment need our patience to face unpredicatable market.some time price moves suitable with our hope , and sometimes it doesnt.technical analisys could help to identiy where and when best moment to enter in market.
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When i lose my money on trading especially i review my mistake and i will not do it. Losing of money in crypto will give you a chances to be careful again.
you could take a rest for while and improved our skill with technical and fundamental analisys,losing our money make us become annoyed and our psychology going bad.
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I think that you need to be patient when trading and this will help you to earn more and this will help you to become a successful trader. To my mind, it is better to learn from experts
and patience when trading does not mean just having to wait, and to become a successful trader you can learn from your own experience and from experts you can make a reference, because all the decisions when trading are in your hands i am agree with you dude.patience mean we could do the usefull thing in our trading.althoug it really hard to do and we feel lazy to do this.
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i'm more comfortable with investing in bitcoin since i don't have many time to monitor prices at all times. altcoins may provide better profit but it's hard to predict which will do better and which will do worse. with bitcoin, i'm sure i am in good hands with a decent profit in the future.
bitcoin more suitable for long term investment.so it didnt need much time to monitor its price.and also bitcoin have strong fundamental although many people try to make it die.
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Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
Many new exchanges are nicer too and competitive and choose the best trust. we have several choice to pick best exchanger that give us best platform and security.wallet security could be main factor when choosing exchanger to trader since many case in wallet stealing
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buying bitcoin at current market prices has great prospects in the future, as there is an opportunity to earn a stir for bitcoin has not started and its price is to fluctuate in the trade channel.
If you never had Bitcoins in your portfolio, use this period to but it. I doubt that BTC will be falling again. This is the coolest time for investing in the cryptocurrencies. much people have same goal with their buying bitcoin at this time.evenmore after showing impressing movement in market.investor and trader become very confidence holding their bitcoin
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I think we can start trading if we have extra money. Do not invest all our money. Do not sell panic until we do not benefit from it. Start with the lowest amount possible and high time frequency so we will be able to try new experiments and gain experience in the market.
extra money is not enough if we want to start investing in cryptocurrency.we must prepare ourself with some trading skill and knowledge in analisys.and also we must trainee our mental and emotion to face market while crashing.
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Well, ETH for $ 170 is already a very small price, I think no one expected that it would fall every day for 3-10 dollars by such tags by November and 50 would cost
wait it until hit $133-$139 .this is weekly support and on demand area.in my opinion this price level is best ever to bought.with small risk we could take buy order.
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