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Showing 20 of 96 results by Financial Freedom 4U
Before we put money in crypto, the most important thing to do is to understand risk, as we know that crypto investment is like a roller coaster so prices rise and fall can reach hundreds of percent per day, if we are not ready to lose then we will be easy to panic.
True indeed, it seems a lot of people have a lot more skin in the game than they should and therefore panic arises very quickly. Someone who is aware of the risks would never invest more than 20% of net wealth in a volatile market. Many people are in head over heels though and only have 20% reserves or less.
Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip.
Panic is part of every investment and for that market crypto enthusiasts are not an exception to this. It is normal to panic at some point when you see that there is no hope again. Most newbies do not have bitcoins but rather some cheap coins which are now really falling, there is no way you can allay this kind of anxiety this person may be having seeing his investments sinking. We just have to make feasible hopes which will help us to enjoy in future. Setting of too much higher goals can kill all your investments.
Some good points there. Especially regarding goal that can kill your profits if they are not realistic. People think they can become millionaires in one bull run. It is better to be a bit more conservative, define achievable goals and cash out when you met them.
Re: Buy 1 ounce gold. End Giant Bank's $15,000,000,000,000 cartel
Pointless to "buy gold". All these banks and giants you speak off can do 10 times what any single person here can, in the blink of an eye. They don't even need access to physical gold. One phone call or email can get them any amount of paper gold via Comex probably at a deep discount too. No one cares that they're not even 1% backed by physical gold. That's how bad it's gotten for gold, and that's what futures could do to Bitcoin one day, who knows?
Kind of like bots on a crypto exchange then.
Paper gold is leveraged at over 500:1 to real gold, this has suppressed the price. At some point the number of people wanting physical delivery will increase then the house of cards will fall.
Precisely. If the diseased old structure of finance and money has infiltrated even gold, and OP is suggesting that all of us buying gold will kill the banking cartel, think again. When the house of cards fall, it won't be the banks that pay the price, but the man on the streets holding his paper promise of 1 owning an ounce of gold.
We're only halfway to that 20-yr mark, my friend. Care to tell me why Bitcoin has failed if you're here on this forum talking to thousands of users, and I'm here still earning and spending in Bitcoin?
expedia.com removed bitcoin as payment option. I read that shops/stores sell Bitcoins immediately after they get it as payment from fear of loss from price price change
Shops and stores don't sell Bitcoin immediately. The majority of Bitcoin merchants actually "accept Bitcoin payments" via a Bitcoin payment processor. It's the guys like Coinbase, Bitpay, Coinpayments etc. who take the Bitcoin from customers and THEN settle the payments with merchants with fiat. I don't have the numbers but almost all of the merchants I pay Bitcoin to are all using the payment processors I named... in effect, they never actually receive a single satoshi, nor do they even have a Bitcoin wallet. They receive fiat payments.
So expedia removing Bitcoin option probably just means they're ending their contract with Bitpay or whomever it was who processed Bitcoin payments for them.
In any case, this doesn't prove why Bitcoin has failed. Every time I take stock of how and where I can spend Bitcoin, the list and options only seem to grow.
I also think it is no point to buy gold to fight the cartel, even if you wanted to buy gold you would typically not buy physical gold but end up with paper gold, as most bankers would recommend to you as these are derivatives and highly compensated (big comission check for the banker) compared to physical gold.
The biggest reason is the market or better the conditions of the market. Whatever project decided to list in these condition commited suicide. In these conditions it is not possible to list and retain the value for shareholders.
Bear market will end if a result of the ETF in this year good. All prices coins will increase and especially the price bitcoin that will exceed the highest price ever experienced bitcoin.
I agree, a lot will depend on the ruling of the SEC. While it seems unlikely the Bitcoin ETF is getting a pass, if it were to happen then no doubt that this will trigger a big upward movement. Sooner or later it will be approved anyway, the pressure from financial institutions is simply to big.
According to the data there are twice as many funds raised for ICOs in 2018 than in the year before, and also in the second half of this year this does not appear to slow down. Surprising if you keep in mind that 99% of ICOs launched this year traded lower than ICO price on exchanges. Well, if they made it to an exchange, only 7% of ICOs that collected funds in 2018 ever made it to an exchange.
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
you can try day trade using a little portion of your fund, lets say 10%. and trade when you have inside information. sometimes luck plays a factor, but in crypto, you should have insde info, like gov't announcements, project announcements, and gossips. these have vital roles in pushing price up or pulling price down. if others have inside info and you don't, then you're in the losing end.
Day Trading is already very difficult in established markets like the stock market. In this market it is even more difficult to do as there is no regulations and bigger players manipulate the market doing spoofing and wash trading. I would be cautious. If you want to start anyway, a good way to get familiar with TA is the moving average. Do some research.
My current strategy deposit and withdraw based. Every new deposit has a big chance to win. But dont be too greedy. If you deposit 100$ then withdraw as soon as it turns into 200$. Stop trading until you get your requested payment. If you get your payment again deposit 100$ and continue. You can also use lose control system. If you lose two trade in a row then stop trade for at least 1 hours.
Very smart and too few people are doing active deposit and withdraw, but it is the only way to secure profits and minimize your exposure to volatility. But of course it's a lot of effort and you also need to keep a record as every time you withdraw and make profits you need to deduct a certain percentage for fiscal reasons. But overall the pros outweigh the cons, especially in this market.
In my ideas when we invest in Altcoins because we see that Bitcoin is still one of the most stable valuations of price volatility on a regular basis. The Altcoins are more exponential. Because they have a low market price, the altcoin market is prone to price manipulation. So if we invest in low cost Altcoins the amount is high once the high BTC price makes it easy to earn high profits and get rich quickly. When investing Altcoins i advise you to be careful and learn them clearly.
Altcoins are higher risk and potentially higher reward. If you are risk averse you should avoid it, but if you don't get anxious when your loose 20% over night and look at the long terms then it can get you much farther. Besides every loss is only a paper loss until you actually sell.
Very hard to compare this two, Ethereum is the number 1 choice in terms of infrastructure for token, while litecoin is, as the name says it, just a coin or currency without any additinal added values.
I'm waiting tolar project but almost every project is delaying because of bad market conditions. And second project which I'm expecting is Ankr Network, they have great team and community.
why not Metahash? It is called the russian Icon and could be transformative, especially for the russian market which is much more developed than many other markets, lightyears ahead of the american market for instance.
I want to buy some altcoins due this big dip and strenght my long term position with several coins...
I'm going to strength my position in:
-NEO
-TRX
-EOS
and, perhaps in ETH
What do you think... is there any other altcoin that could be the next surprise after this present dip?
I'm going to strength my position in:
-NEO
-TRX
-EOS
and, perhaps in ETH
What do you think... is there any other altcoin that could be the next surprise after this present dip?
Definitely ETH. The other three definitely had a lot of hype, which pushed the price too high - not saying they're bad, just that hyped coins can be overpriced.
I would expect ETH to bounce back stronger than the others you've listed, but it can be sensible sometimes to go with more than one coin.
I would say put the largest share in ETH, and then a bit less in each that you think looks good value.
The best call is not to pick the coin that will most likely be the top performer but build a portfoliio of top performers. Different coins shine at different times. The more you are diversified the higher are the chances that you will be able to take profits, cash out or invest in other coins that have not shined yet.
The situation in the market is not the best for fees. I think now is the time to hold and invest. There are positive factors affecting the market now. Growth is bound to happen in 4-6 months.
The current market cost of ETH is $309 which is the lowest value so far. And so far, the cost of investing in the ETH is the lowest and this is an incentive to invest in the cryptocurrencies, particularly those that can giveaway great profit when you cash your coins.
Besides, ETH is the second best coin in the market with the second highest market cap and advance technology-probably more advanced than that of Bitcoin in long run-and is worth investing in and this is the time to buy..
Who said Be greedy when other people are fearful and be fearful when other people are greedy - Correct, the Nr. 1 Share Investor in the world, Warren Buffet. He buys everything that come with a huge discount. Most people buy when the market is in a longer uptrend, in other words, when everything is expensive.
A good investment strategy for me is to become a swing trader wherein I will choose 2-3 coins wherein I buy coins when there is a price dump and hold for semi long term. I have tried ICO offers right now but I think this year have been really hard in an ICO phase in which it is hard to predict what will be the price after ICO.
That's an investment tactic, not quite a strategy yet. If you have 2-3 coins, it's a start but you are still massively exposed to risks.
I am trading stocks for over a decade and crypto since last year. I also agree that is easier to trade stocks, simply because the volume is so high that a few whales or big investors cannot influence the market as easily by dumping their shares. Its great you have a diversification plan instead of going into just one coin but also think about moving assets from crypto to fiat, stocks or raw materials and precious metals. Otherwise you will still be massively exposed as you have all of your eggs in one basket. Different eggs in size and colour but all eggs. If the basket falls, your eggs still get crushed. Like we saw what happened yesterday.
Yes, you should not stop in this endeavor. Yet it is at least some experience. Think about it, most people are not even familiar with the crypto industry yet, and you have already made the first steps and with each attempt you overtake them.
I would try to learn from my mistakes and try to avoid them moving forward. Most investors need years to be really successful, why would it be any different in this market. The problem is that most people are not doing any research.
A major price crash and they start selling and run away. I advice spend more time next time doing more research. Then I am not in panic when everything is in red, I rather invest more as I realise that everything is undervalued and I can buy with big discounts.
If you want to invest in real estate or the stock market you are free to do so, but you're never going to get the profits you can get when you invest in altcoins . This is because altcoins and even bitcoin too are still very cheap so their tendency for growth is wider than what's in the regulated stock markets. Everyone knows real estate is a long term investment. You can diversify for better protection of your assets. 
If you had invested in the stock market six months ago and pick technology stocks like Salesforce, Google, Amazon, etc. you would not have lost 80%+ of your investment but made up to 20%. The question is not which market is better, it is important not to be exposed only to one single market but spread your investments across several markets.
Yes I think you can continue to invest, despite now that price of coins are very low, some cryptocurrencies price has dropped much, though market is not suitable, prices are very low for sale, but you can also be profitable when market will rise at you suitable price. So go ahead and invest.
The most successful investors buy during these times, when there is fear instead of greed and blood running down the streets. It is important to stay calm and focused and buy everything that is undervalued. This means projects that have a product, strong use case and an existing (and ideally growing) customer base.
Market we see green again.Is this right time to buy Altcoin?
What do you think?
Yes, it is a very good time to buy as many altcoin as you desire because the price is still very low and yes, the market will see green again when the market recover the bear and bull run starts.What do you think?
I agree. People are scared and try to get out of Bitcoin or alts as they fear bitcoin migh drop even lower. I would stay calm and rather this as a buying opportunity. The ETFs still has a good chance to be approved this year and new money will flood into the market, this is only a delay. Now everything is available for a discount.
Re: the 2018 crypto crash is now like the 1990s dot com crash
Here is why this comparison is flawed. Bitcoin or the entire Crypto currency market never reached a marketcap above 1 Trillion. When the dotcom bubble was bursting, the new economy market has reached 10 trillion. We are so early days, we didnt even start to cross the casm if that term says something to. Otherwise research it.
How can you not panic if BTC price in less then 4 days has decreased by 1000$!? Since everybody thought that previous price increase would turn out to be an uprising trend it turned out to be a reverse.
I'm not a true newbie here so I'm already a bit acquainted with such behavior but just imagine how rookies and newcomers could react to such fluctuations.
I'm not a true newbie here so I'm already a bit acquainted with such behavior but just imagine how rookies and newcomers could react to such fluctuations.
It is normal react like that, even if you have already some experience. We dropped below a critical support level, below an important Fibonacci retracement zone. Technical Analysts recommend to get out of Bitcoin or alts as we head toward 3k. I would stay calm and rather this as a buying opportunity. The ETFs still has a good chance to be approved this year and new money will flood into the market, this is only a delay.