Yes your trading strategy is quite good but if you want to gain big profits within very short time then its going to be very risky. You need to becareful before invest.
Some guys prefer to invest everything in Bitcoin and hold it for a long time. However, this strategy works only for the most patient people. You can earn often with day trading, but here, you should be very cautious.
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BoardSpeculation (Altcoins)
Re: Will alts really die once BTC starts climbing unbelievable highs?
No. Hope, or rather greed and delusion, springs eternal. The higher and more dominant BTC gets, the more shit there'll be scrabbling in the mud claiming its turn is next. In terms of shitcoins we ain't seen nothing yet. There's a near infinite supply of the stupid and greedy. Shitcoinland may go deeper into obscurity. It's never going away.
The latest bull run proved that the situation can be quite different. When Bitcoin starts growing really high, altcoins go after it. Some of the tokens gain (in percents) even more than BTC.
I think this time is safe for newbies to start to invest in bitcoin. It seems that the price will not go down to $3.000 again. Actually I have given advice to some people to invest in bitcoin but most of them didn't care about my advice. I only can make one of them to invest in bitcoin, so I teach him how to invest, but now I lost contact with him so I don't know if he still invest.
I will agree with you. The market proved that it is not going to die even if it falls to the bottom. Now, people are more confident in cryptocurrency. It is one of the best periods to enter the market.
Receiving a reward is the best feeling as a crypto bounty hunter because your hardwork and effort now in a good resulted congrats OP for receiving your reward. But right now its useless to join in ico bounty campaign or any airdrop inthe market because the reward are toosmall becuase of many participant.
Even the smallest award is a great chance for the beginner. It gives him confidence that he can make money on the cryptocurrencies. Yes, it is better not to concentrate on Bounties and after them, start trading.
This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.
Failure to act will cause more similar situations in the future
But doesn't BSV and BCH remove the pressure off bitcoin?? Remember these altcoins were born from bitcoins problems which were coupled with high transaction fees and long waiting times for TXs to confirm.
Now, they do depend on Bitcoin. I do not think that if we invest much in Bitcoin cash, we ruin Bitcoin. BTC is a powerful cryptocurrency which regulates their prices. However, the idea to invest in BTC more is good.
Getting rich in cryptocurrency is very possible but it's not that easy and instant, it's also need a hard work to achieve it. Even from 0, you still can do it.
Becoming rich during the very first days of bitcoin, mining it and buying it at the cheap price. And holding it or selling it at these times will make you an instant millionaire. This is hard to happen nowadays for altcoins.
It is possible even if the market is not "green" as the hard-working man will always find the method to increase his income. Cryptocurrencies give us plenty of ways to earn. Just use them.
I did not think that most of this market behavior is dump after pump because the market has been in this way and traders must take profits. I could not hold back my hands sometimes when things seeing to be going in my direction and it has added profits from were I buy. Whenever people are taking profits the market must be push down.
If we speak about the current market situation, I doubt that the dump is expected. The probability of a pump is higher, but I suspect that cryptocurrencies will show stability a bit longer.
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BoardSpeculation (Altcoins)
Re: The beginning of the bullish trend in the crypto market
If bitcoin steps quickly at $7000 then 70% chances that the bull run will happen, as of now it is good to buy cryptos because bitcoin is slowly recovering.
IMHO if BTC will achieve 7000 this will start new altseason because this will end bearish trend. For BTC 7000 level IMHO will be good to rest a little before next growth.
I wish everything could be as bright as the guy thinks, but I will support you better as you are a realist. The market can even fall this year. It will be naive to think that bull will come only because bears live here for too long.
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BoardTrading Discussion
Re: Have 1 BTC in alts should I transfer all to BTC
Well, we all have different opinions and expactations from crypto. From my dexperience, when bitcoin grows alt coins grows even faster but when the bitcoin fall altcoin falls even faster. I had some funds before invested in alt coins but I decided to move everything in bitcoin in order to preserve the value of my portfolio. This is answer based on my experience.
Then, an alternative decision can be taken. You can exchange half of the altcoins that seem to be not as profitable as you would like to see them to BTC, and the other half will be in Bitcoin.
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BoardSpeculation (Altcoins)
Re: Most Promising Altcoins to Invest in 2019
by
bummm
on 06/05/2019, 13:59:41 UTC
I guess to get these profits in 2019, you had to invest in them in 2018. I have heard about Cosmos. They say this altcoin has a lot of chances to get into the top-10. I invest in Monero and Litecoin.
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BoardSpeculation (Altcoins)
Re: Will bitcoin be replace by ethereum/ripple
by
bummm
on 06/05/2019, 13:33:21 UTC
How can 2 cryptocurrencies share the first place? It will never happen. I do not know why some people guess that Ethereum can become the number one crypto. Bitcoin is the king forever.
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BoardTrading Discussion
Re: Which strategy you apply in recent bullish market?
If we look some previous day we can see everyday must pump one or more than one coin. And if start to pump then It continuously cross 50%-100% even 200%. So I want to know how you earn a lot of profit in this market? Have you caught all pumped coin? If yes Then please explain here so that we can earn profit also.
It seems to me that trying to catch each coin before being pumped is an impossible job, because in a market where there are thousands of coins subject to a potential pump of great magnitude it would be necessary to be seer or fortune-teller to choose the right one in advance, or to have a great capital to buy many of them, hoping that one of them gives us the expected dividends.
Naturally, it is better to concentrate your attention on the altcoins that will not fall (first of all). Then, you can choose the potential gainers from them. The last step is to pick a pair of leaders in this group.
Best Cryptocurrency for Investment is Bitcoin Bitcoin is the most expensive and influential Cryptocurrency of this period. Bitcoin's price now exceeds five thousand dollars. Bitcoin's acceptability is more than all the other cryptocurrency. There is no cryptocurrency that will beat Bitcoin online. Now Bitcoin is becoming popular with an offline exchange. So I think considering all aspects Bitcoin is the best cryptocurrency for investment.
Thank you
If you do not want to risk much, invest in Bitcoin. However, in case, when you buy cheap altcoins, you can make more money. Some of them pump greatly when the bulls come. However, it will be risky.
I agree with your words so that it is good to buy coins. Because the prices of the coins have increased due to the purchase of coins, which then attracts the buyer's attention. As a result, everyone loves to buy coins and loves it. You can buy Bitcoin or ETH coins. These two coins are very good. You can buy a token again from which you can earn good profit.so everyone interested.
We must stick to the point that Bitcoin rules the market. Thus, it will be natural to invest in this cryptocurrency. meanwhile, you must not forget about the coolest tokens like Ethereum and Monero.
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BoardSpeculation (Altcoins)
Re: When is the best time to buy Altcoin?
by
bummm
on 02/05/2019, 18:50:26 UTC
It will be better if you choose the right tokens during the ICO stage. In this case, you will get additional privileges, and in many cases, the price of these coins turns to be lower than after the ICO. Anyway now better go to IEO
If eos reach 36$ i think, bitcoin would reach around 15k $ at least and i think even more.
I don't think eos would pump by itself.
Totally agree with you. Because all coins depend on Bitcoin. And including EOS. As soon as Bitcoin allows it to be done, eos will immediately be $ 36.
Even at the beginning of 2019, I began to notice the migration of certain projects from ethereum to EOS. In most cases these were blockchain gambling projects and it seemed to me that you still do not need to discard EOS and need to make certain investments. Today, I expect a good profit.
Hope, EOS will go up. I have a lot of these tokens. However, it is hard to believe that it will reach 32 dollars very soon. It will happen only when BTC hits 35-40 thousand or even later.
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BoardSpeculation (Altcoins)
Re: When does eth exceed the old bitcoin in market cap become #1?
The ETH has a direct dependence on the price from Bitcoin and in I do not see how they can become number 1 at the current level of their technology. They are losing popularity quite fast.
I do not know what must happen to push Ethereum to take the first place. I suppose, all this time when Bitcoin will be alive, ETH will follow it. It is a great altcoin, but it cannot be the #1 yet.
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BoardEconomics
Re: Study says 79% of cryptocurrency event attendees are men
Many member and participants are men in cryptocurrency than women, every time I got my friend joined and invest their money in cryptocurrency are men not women, maybe women is not understand about how to start trading and investing with btc.
I have heard about women that work with the cryptocurrencies, but I have never met even one crypto lady. I guess women are interested more in their home, children, not this complicated stuff.
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BoardSpeculation (Altcoins)
Re: Crypto is getting ready for nice rally. Are you ready?
Some coins under the bull will grow so much that will make you rich.
I agree but isn't it bitcoin will grow first before any alts? . During the beginning of the bull, bitcoin will dominate all coins and will lead all coins to downfall.
And bitcoin is too expensive investment. In stable growth.
Wait, bitcoin is expensive? I think not, this is why if you only have 20 dollars in your pocket you can own a bitcoin, but only in decimal form.
And what will you do with this Satoshi now? We live in 2019, and Bitcoin is not supposed to make another challenge and a breakthrough. People stopped to take it as a miracle. Bitcoin needs investments.
It will adopted by the people from anywhere,well developed countries may have better educational system so people will understand about blockchain technology lot easier and faster so they will come to invest on it sooner.
And the guys, who live in the countries with the poorest economy will need to pass a long way to adopt Bitcoin. Actually, they have not yet solved the simplest problems yet to start using crypto.