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?
I really do not think that you should be asking people here for financial advice because a lot of people here does not know your lifestyle or status. I believe that you should do what you can see is right and can be supported by your income. Cryptos are good investments if you do it right, but at the same time can also be the reason to get you buried in debt or problems if you do it wrong. Think wisely. |
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I have recently seen where bounty hunters were asked to present identifying documents. Am really against kyc because one of the reasons I joined crypto was the anonymity which it provides. But sadly that's gently creeping away.
Now this KYC has come into airdrops. Imagine am to submit my ID to some I don't know which planet he or she or they are from for some pennies worth tokens.
It's terrible and this is a bad precedence these people are setting.
If as a community we do not say no to this, then it would become the norm.
Yup. I believe that this is total bullshit also. What's worse is that people nowadays just agree to it even when the airdrops are too low just can't help but wonder how greedy these people are to let random strangers take personal information from them just for a few bucks. Heck, I even think this should not be the norm in bounties. I cannot even stress enough how pissed I am with bounties asking for kyc. |
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Hello, please I want to know if an altcoin which has fallen below the ICO price can rise again and yield profit.
I have up to 3 coins which has fallen below the ICO price and kinda nervous. Should I SELL or HODL?
That is completely possible(of course depending on the developing team behind the project and the concept it has). I have seen a lot of projects already that have gone way too low from ICO price but have bounced back when actual product or platform was released or was already up and running. So if you did your own research about the ICO you bought in, I think you have nothing to worry about. |
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I want a long term investment what s the best choice for now?
And thank you for ur help
You want help? I say wake up and stop relying on other people's opinions to get your investment plans. If you wanna last longer in this industry, then I suggest that you do your own research and get to know as much as you can because if not, you will suffer unimaginable losses. That is the sad truth. W You're welcome. |
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Have you memorized your Eatherwallet private key? How many of you have to remember your private key, If you Lost your private key what will you do and how do you recover?  ?? Lol, there are so much more in life that you can do rather than memorizing your private keys in every wallet that you own. And believe me, there are a bunch of things that are more worthy of your memory than your private keys. Besides, You can make hundreds of back ups if you are too paranoid in losing your private keys. If you happen to lose private keys and have no back up. Just cry and move on, nothing you can do about it anymore. |
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While I agree that bitcoins together with all the other crypto currencies in this industry truly has a lot of cons, I do not think that it can be something that is not worthy of the risks. Well, I guess it depends on what a person thinks and how he sees things, but for me, I prefer cyrptos more than any other investments out there since it can give so much profits compared to other investments out there if you just know what you are doing. |
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The best cryptocurrency i used is the BITCOIN BTC because of the popularity of this coin compared to others. This is the best and trusted cryptocurrency in transfering funds in the blockchain market, tested and proved it for now.
While I like bitcoins and have nothing against it, I prefer to not put all my assets into it and invest more on other altcoins out there because it is already too late to expect good profits from bitcoins. Yes, it is trust worthy and still gives profits, but it cannot give us as much profits as other altcoins that are just starting out can. I believe that bitcoin will surely rise but it needs long term holds if you really want profits. So I only put half or increments of profits I get from other coins into bitcoins and the rest gets invested in other promising new coins or other main coins also like ethereum and more. |
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Why bitcoin is votality compare to fiat money. Many say bitcoin is not a good investment because it is votality.
What is votality?
liability to change rapidly and unpredictably, especially for the worse. this is the fast price change.
Why is the votality of bitcoin high?
Bitcoin is a low supply at the time of its growing number of users and it has become a demand for the masses. Many want to buy, Many want to sell in easy-word multiple transactions. When many bitcoin transactions are fast market movements and we do not know what might happen because of the emotion of the seller and the buyer may have the price increase or decrease. So the bitcoin is votality because of the small supply and in-demand.
Why is fiat money not too volatility?
Because the government is able to regulate a traditional money, they can make new money and just increase its supply so that it does not have a votality compare to bitcoin.
Note: This is my only opinion, if you have any opinion you can also share it.
No worries, your opinion is pretty much on point and is also what I believe the reason why bitcoins are volatile. The only thing that bugged me is your usage of the word volatility but it is all good, you were still able to get your thoughts out and was still pretty understandable. Now, I honestly like the volatility of bitcoins and other cryptos out there to be honest since it enables me to really get lots of profits just by buying and selling from one coin to another or from bitcoin to usd etc. I think a lot agrees with this also. |
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Well, if you are a whale and have a lot of funds to spend for investing, then I think that it really is not too late for you to invest on bitcoins. But if you are a small investor like me, then sad to say, we are already too late. Yes, there are some decent profits on bitcoins still but, altcoins give so much more potential for greater profits compared to bitcoins.
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Banks and bitcoins just can go the same ways in my opinion which is why I think this will be pretty impossible to happen. They have very opposite ideologies, they are like water and oil. Bitcoins push for decentralization and giving back the control to the people while banks pushes for full control and centralization. While there are lots of pros and cons on both banks and bitcoins, I just cannot see a future where both can become one or bitcoin being accepted by a bank(unless bitcoin users agrees to forget the main ideology of bitcoins). |
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Damn, if only microsoft didn't have a bad record about what happens to things they buy, I think this would have been a great news and can be very positive and helpful for the mass recognition and trust from people to get into the crypto currency industry. But sad thing is, this is becoming more of a bad news than a good one. I hope this doesn't end up the way I think it will :/
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According to Cointelegraph: Steve Wozniak: Bitcoin Is ‘The Only Digital Gold’“Only Bitcoin is pure digital gold… and I totally buy into that. All the others tend to give up some of the aspects of Bitcoin. For example, being totally decentralized and having no central control. That's the first one they have to give up to try to have a business model.”There are only three questions come to my mind after checking this article: - when 20k? - when Moon? - when Lambo?  Lol, everybody really does want to know the answers to those three common questions haha.. But seriously though, I think that the guy named Steve Wozniak is right and does make complete sense. Centralization really might be the only way to promote mass adoption. But the thing is that to us crypto enthusiasts, decentralization is what makes bitcoin a pure digital gold. I really am curious how the future will unfold for this industry. |
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So many crypto currencies are coming UP . They are much cheaper than Bitcoin for now. It is so hard to decide which to buy . Some are in good promos, to buy or invest to it while it is cheaper and sell when the price Will getting high. Is it a good idea to buy while we can not afford yet Bitcoin?
Well, it is always good to by altcoins regardless of the price of bitcoins when you truly believe that they are great coins and have great developers that make a lot of efforts for marketing and other progress. That is, if you are not a weakhanded person and intend to hold long term and not a day trader. If you are a day trader, you will have to really look closely not only on the price of bitcoins but also the prices of various altcoins and the altcoin that you like. |
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I read some criticism around Bitcoin, because is too volatile, but this is the reason for the success of this crypto ( and others), imo
Also, why do you need a stable coin ? If you can't pay with Bitcoin for you coffe, who cares ? I mean, it is just like gold, you don't walk around paying with gold, but you know it has value.
I just can't see a clear disadvantage on being too volatile, something that could make ppl loose interest on Bitcoin. I would like to hear opinions on that.
Just like any other thing here in this world, people will always, always find flaws in it. That is just how humans are, we tend to see the negative sides more easily than the positive ones even if we do not want to. This is why people are being more skeptical about not just bitcoins but the whole crypto currency industry as a whole. |
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Good to hear that! Let just all hope that this coming year will be favorable to all bitcoin Holder, Samsung company had seen the potential values of cryptocurrency.and by supporting Bitcoin company itself may gain advantage over the others.may other company follow this act as well..
To be honest, I personally think that this is a such a smartass move for samsung to do specially now that the crypto industry is starting to get more and more recognized by huge numbers of people. I believe that samsung will not only be the one to benefit from this but also this industry. This will put pressure on other big companies and might just push them into gambling into the crypto industry and try it out just to not get left behind by the others. |
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I spend about an hour daily. How much time you spend on researching about bitcoins ?
To be honest, I really do not know. But what I can be sure of is that it is more likely to be a bit longer than 5-8 hours and researching about other altcoins, prices, and news are already included because I do them all alternately. And a few more hours for doing bounties in this forum which also gives valuable information about bitcoins and other altcoins. |
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Quite logical but too much of a risk for me so I think I'll pass. And besides, we all know that bitcoins cannot be able to bring us x100 and up gains if we can only do small investments right? So yeah, I really won't do it. I already am holding enough bitcoins in my opinion and will not over do it since I might end up losing capital that gaining profits. |
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I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.
Well, I think that such claims come from the analysis that the people made out of the past charts or movements of bitcoins which may be reliable but not that much. But to be honest, I too believe that this might really be the last year that we might see the prices of bitcoins being lower than 10,000. That is, if what happened in the past still happens this year.. |
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Yes, this is true, there are literally too many of these coins and most of them are made as poor efforts to scam people while others are only for testing or for practice that has led to lots of losses being experienced by the newbie investors. But I think that regulation will really come because I believe that without regulation, we will never achieve mass adoption and mass support from the governments.
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This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.
This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.
While I believe that this idea is truly great and can really help a lot of disabled people, I think that it really isn't the solution because even if you give help to the disabled but they themselves do not do anything, they will most likely still be the way they are. Because I have already seen a lot of disabled people that are not giving up and still striving even without the help of anyone else. Which is why I think that it really depends on the person. |
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