As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business its only patience ones that would feed from the milk of a lion . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, im In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while its at dip. Trust me, you wont live to regret anything if only you would be able to hold with patience. Thanks
Yes, patience is a virtue. We all know that in this kind of business, patience is very important and also being brave of the outcome. Risking you money in this kind of organization is a must. You have to put your trust and have patience at all times.
Being patient is an important concentration for blockchain adopters because it's a progress and you can't get benefit from it in a short period of time. Here comes patience for the crypto community.
Because people are very tired of waiting for a miracle in the market, this is the most important driver of the market price, which is starting to fall very quickly, panic among investors and market participants is starting to grow very quickly.
People have money in coins. So they can hope a pump for their coins, this is very common if you ask me. Nothing special here. And honestly the sector is growing well, so it's right to expect a price pump from the coins.
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BoardEconomics
Re: Do you approve this strategy: sell alts buy btc?
that is not a good idea. it is better if you use Ethereum . because Ethereum has a good chance that it will pump like last year . and Ethereum is better than bitcoin. i did that thing i sell my Alts then convert them top bitcoin. i just did that because bitcoin is i only know how to convert it into a fiat cash. . but now i know now how to convert Ethereum to be cash out into a fiat cash
This depends on the market trend. Without seeing the trend, you cannot decide if you should sell alts to turn back to bitcoin. Sometimes you should sell bitcoins to turn back to alts. This is a reality.
It's obvious that ripple's current coin won't be used in banking purposes. Then why are people excited about this sort of news? If ripple will do something in banking, this coin will be different than ripple's current coin. Know this first please.
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BoardEconomics
Re: What are the challenges for investment with Small capital?
I don't think there is much of a difference between small capital and large capital. Of course profit depends on the capital so for a small capital, we will not expect to match profits with those that have lots of capital. Still there is a chance to match them long term depending on how you manage your portfolio and how determined you are.
Totally small and big capital has a huge difference but it depends in a person on how he value the money to create more money or to lose it. Big amount can eventually give you a bigger profits from one point to another with a small scale percentage while having small amount will require you to make a much higher price to say that you earn profit. The loss would be also equal to the higher so big losses in small movements and for small was small amounts of losses.
we have to know about profit percentages.small or big capital has same revenue in same percentages ,altough in nominal dollar big capital shows bigger.
Challenges are several with small capitals. You can't create new positions, you can't make day trade with it, you need to find always 5x 10x type coins to make your capital greater. This makes you stressed out.
for now the fact is that bitcoin prices are declining, and I have speculation the price will soar at the end of this year, like late last year. but I strongly agree with the speculation like you, because indirectly will increase the motivation to invest in bitcoin. sometimes people think too far and pessimistic with the current state. I think having such thoughts will be a waste of time. better think about the current time and think about how to get money with the current conditions. and do not panic too much with the situation.
I'm always comfortable with bitcoin and I can make sure it will rise hard soon. There is no panic for me currently, I try to manage my program according to the trading of altcoins. That's all for me, I can handle this dumps.
Cause the goverment is telling us to do so, if we don't agree with that law we could have problems with doing anything in country that we live, that is why we want to pay them.
That is right, we don't have a choice that is why we are choosing to pay for taxes even though we don't want to lessen our money, but at some point it is fine since it is for the benefit of our country for the poor people to have the chance to live by providing them by the government those basic needs and for us to have a develop country.
It's not a free agreement for paying tax or not. People have to pay the tax, they don't have option like not paying it. It's a force applied by the countries rulers. This ruler can be a king, democratic governments.
My trading strategy is to buy coins at fairly low prices and hold them. When coins will give for example 20% of the purchase price, I will sell them. I will look for new opportunities for investment.
Buy low sell high is the best and the common method we use. The hard part is when we faced unexpected condition. It is when the price remain down for the long time. Panic will come to us and it's hard to be patient on such situation.
My current situation is a bit complicated, I failed a bit during the last price correction and I think how to get rid of this. It's not gonna be easy for me. It's gonna be hard for me. I will develop some strategies to make more profit.
Yes, of course, why not. Ripple coins are one of the coins whose development is quite rapid and the price can rise high in a short time. If Ripple continues to grow, I believe by 2020 Ripple will reach $ 10,000.
Even if you only consider numbers, this is not possible for ripple to reach that price. Numbers are telling this, it's weird to see some people really intend to believe this kind of targets.
It is obvious that almost all of the people who voted in this poll are positively voted for the existent of bitcoin in the next 10 years even there are many hard forks happening in this year. We can't say that BTC will not live in the next 10 years without having evidence.
Bitcoin is close to complete its 10 years from the very beginning of the story. Then it's not a rocket science for bitcoin to survive dozens of years. It will keep existing in the world with great developments!
at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead? Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country. Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
My country is still developing and i dont even see anything related bitcoin in economy news or any businesses news on tv or on magazine. In my country indonesia they seems like wanted to make it unseen and make it dont exist even though they not ban cryptocurrency. I do think many people in my country is very curious and really love new things. If our goverment is a bit supporting cryptocurrency i believe it would attract tremendous investors to invest on cryptocurrency.
Developing countries are generally conservative countries in terms of economy. They're not open to new innovative solutions and they're closed economies. They like control of their citizens, they don't allow the use of blockchain.
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BoardEconomics
Re: what is the future of virtual currency like bitcoin ?
The future of virtual currency will most likely be the form of payment and other means of transaction most people will use and is starting to be used slowly. Hopefully it will keep and maintain that image for ancouple more years. That is if these cryptocurrencies will last a lifetime.
There are some legal problems in bitcoin and other coins like bitcoin. When they are solved in the countries, this will start another payment and bnaking era in the world. The future of coins will be much better.
200$ isn't a big deal for NEO. But currently I cash out or exchange my crypto in USDT, because I am waiting for panic sell in following month and you will be able to purchase NEO let's say for 35-40$, this is my entry point for NEO. Afterwards I am going to hold it at least till previous ATH will be reached
If ETH hits $3,000 then NEO can reach $200 in this position while BTC reached $25,000 in the meanwhile. NEO is a promising project like other ones but creating hype in NEO is that working at all, please beware of this first.
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BoardSpeculation (Altcoins)
Re: Best coin for 2018 that is very cheap now?
by
DjTremor
on 25/05/2018, 14:07:42 UTC
Pundix is around $0.009 and its target is $0.05 in short term. If Binance listing happens, pundix can make 10x easily after it. It will be a top 20 coin very soon with new listings. Amazing project with amazing team behind.
so many choices of coin if you want to trade, my suggestion you choose coin which have many in trading in exchange, you can see website to know coin is good or not
Yes, today, you can choose at least 1600 coins. LOL. Of course, the safest way here is to get the most stable, well-known cryptocurrencies like Ethereum, Bitcoin, DASH, and NEO. However, Gladius and Credits are also good.
Most safe ones are LTC, BTC, ETH and NEM on the exchange platforms. The rest are not that safe. For example, ripple is never safe for trading. It's always problematic with confusing supply.
While making an investment into bitcoin, it gives the assurance for the return from the investment. The same is not possible with the investment made on ico. If the particular ico grows big in value, the user will get benefited big than that of the earning got on investing into bitcoin. In short investing upon ico is much riskier than investing into bitcoin.
Both are positive things but, in icos, you can make more money if you get into the right one. In bitcoin, the rate of profit would be lower clearly.
The advantage of bitcoin is less risk compared to icos.
Im pretty keen to understand more about ICOs and intend to invest in some. ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?
Thanks in advance.
There are more promising ICO, some are legit one and the other are legit Scamers too! Lol!
It is true that there are still promising ICO that are open and very true to their projects but there are many scamers everywhere that using this kind of thing to scam a lot of people. Let is all be wise and more careful in choosing a good ICO.
ICOs are legit but some of them are coming up as scams. There is no certain way to identify scam ones and marking them. Always make sure you ask the registration for the companies of ICOs. This will help a bit.
Eth is developing because of its good standard in the market.But it cannot defeated bitcoin ,it was the strongest crypto that ever made. Its seems so impossible but it always next to btc.
I'm very bullish about it. If bitcoin becomes $20.000 then ethereum will be 0.2BTC which means $4.000 easily. Ethereum's future is very bright. Investors and companies know its uniqueness very well by heart.
Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
When the market goes down, you should hold all and do not sell. Selling only makes you lose more capital and frustration. Hold until it is recovered and move to USDT. It will not change too much when the market fluctuates. USDT will be a way to counter the volatility of the market and it is very effective for those who use the strategy.
If you can understand that market would go down, you can sell your holdings and start waiting to get them cheaper after the going down. The idea is easy but applying this is hard. If the market doesn't go down after you, you have problem.
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BoardSpeculation (Altcoins)
Re: is it better to invest in bitcoin or ethereum ?
for long term purpose, which is better to invest in , Bitcoin or Ethereum ? Lets discuss that ..
When it comes in long term investment I think Bitcoin has an edge over ethereum because bitcoin is still popular in the market since it all started and that is the reason why most investors choose bitcoin . They consider that as a good sign because after a non stop up and downs of it's value , bitcoin is still standing and that's a good factor in long term investment.
If you have 100x money, use 25x to invest in bitcoin and the rest, 75x should be invested in ethereum. Ethereum's technology and adoption is more likely to be greater than bitcoin in the next years, I think.