I have been part of this community for a while now. And i never got the chance to make any investments as i was short on money. But recently i got a little money and i wanted to invest but looking at the market as it is going down and down again, i have decided to learn from you guys and take into account the advice of you people.
What should i do.
Invest in right now, Should wait, or Should i just put my money in some other industry like Real estate ?
Need your opinion guys. What would you had done in a similar situation at this point of time ?
Honestly, its very hard to decide if we keep buying altcoins and bitcoin on this current situation because the market is continuing plunge its value. For me, If i were to decide since I have only a little capital for Investment, much better to wait rather than investing without sure if its continued to dropped. Ill jsut keep on updating market waitng for the good condition.
You are in desperate need of money as you are going to celebrate your holidays. And it is your choice to get some money by selling the 'valuable asset' for peanuts. If you follow my advice, you should not sell your holdings for peanuts. Given the volatility of cryptocurrency, the market goes up and down from time to time. So wait for some more months.
I guess the OP really need money for this month of Christmas and this coming new year. We cannot force him to hold his asset because we have different perception in cryptocurrency. We knows the market is really struggling, so for me, I'll stil keep holding with some of my coins hoping for the best by coming next year.
Hello, I am newbie in trading. I start trading for make some profit Would it be possible to make 10% of your capital every day?
This would be 300% in a month, this is a lot.
It really comes to your capital:
If I invest 200$ and 10% of 200 would be come 20$ daily and one month come 600$ ...
If I trying hard daily profit 10% huge profit come in one month
Here in crypto you cannot precisely predict how much you earn in daily profits unless you invest in stock exchange. Now since you're still newbie in trading i guess , you're usually experience some losses and these losses will help yourself to learn more and become expert.
Hey guys. Remember, in crypto sphere we cant trust anyone! ICO rating sites are lying to us, you have to do YOUR OWN RESEARCH always! Remember this, and dont let yourself be scammed!
Actually, we do it ourselves, not someone else. Others only give advice and also for ICO Ratings is a reference for the project. That the project is good or not. For investment problems we must do it ourselves, not others.
In first action we should not just stick to any ICO ratings in any site in order totrust them to invest their projects. We should read all their articles to make you understand how their project works and why we should choose them to invest, so that there will be no regret in last.
I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?
It is not necessary to a crypto exchanges to required your monthly salary before start trading on their site, unless you making savings in bank it surely required your full background. There's no minimum to start buying bitcoin, you can buy around 5 to 10 dollars at your first attempt.
More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
Here in our country there are many ways that uses crypto coins for payment. We can use coins for paying online purchases, paying monthly bills like internet bill, electricity, water and some other utilities. That is why a lot of people in our place are now adopting crypto and now use to build business with crypto because it has lots of opportunities offer.
Well, your country looks advance interms of technology. I hope our ountry make it that happened too, so that easy for us to used crypto to pay any bills and others without any convertion process to fiat. I believed the whole world will evolve amd crypto will used everywhere in business.
Newbies can easily be influenced from what they hear from speculations.. I've read several times people tend to advice to hold long term. because its easy for them to say JUST HOLD cause theyre not the one losing! For me its not all about holding, its being smart about your own invesment know when to stop and cut the losses.
What are your thoughts?
We don't just hold for long, but we must holding smartly as well. If you only holding your coins without thinking, you cannot avoid losses. Just hold the coins which have a good liquidity and value. If your coins value keep going down, then it won't be worth to holding anymore.
You have point mate, when you're planned to hold such a coin you make it sure it has good reputation and dont forget to check its background the history of its market, so that you can determined if it is really good for long term Investment. Like bitcoin, if you just check its history you can see that the value of it's increases year by year, so theres no doubt to make an Investment with it in long time.
I think you did so in vain ... You could further develop your skills in trading and investing. And now you just spend time in games and I'm sure that this is not rational.
I agree with you mate, Its seems he lost hope from cryptos. I guess he just trying to recover by itself from losing in trading through switching blockchain games.But i believe he will come back in trading when theres a good market fluctuations again.
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BoardBounties (Altcoins)
Re: 🔥🔥🔥[BOUNTY][3 WEEKS] IDA Digital - Asset Management PTY [ 146k $ ]🔥🔥🔥
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out. It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value. Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
Just do not be panic for being panic can lose our money. We all knew that bitcoin price is very unsatisfactory this year unlike the price last year when it reached almost 20000 dollars. For me I will not be panic however I will buy for bitcoins for hold and will wait for the price to increase someday.
Well, you've a point by holding a bitcoin with patience will bring a high profits someday, but we do not know when it will happen since bitcoin is so volatile. For me, i buy more bitcoin if it is going to dip because i strongly believe someday bitcoin will rise again.
Hello everyone. I want to buy some coin and hold it for at least 1 year. What should I invest on, ripple or litecoin ?
Why don't you try bitcoin? Its already proven and guaranteed will Increase its value by year. However, litecoin and ripple are also a good coin to invest for long-term I dont know the full detailed of these coins but I heard it many times in some trader and I guess they're also Included in top 10 altcoins.
I am almost 100 percent sure that the market is controlled by major players. Their names you and I don't expect see. There are large corporations that want to take over most of the mining system and therefore displace other smaller corporations.
I don't think so because in my perception nobody controls the market of crypto Its depend in our experienced in trading and how lucky we're as well. Sometimes i do trade crypto in my vacant time and I look for an altcoins has a big volume and very fluctuated. In that scenario i play its market by doing quick buy and sell until Ive earn profits enough for myself.
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BoardBounties (Altcoins)
Re: 🔥🔥🔥[BOUNTY][3 WEEKS] IDA Digital - Asset Management PTY [ 146k $ ]🔥🔥🔥
I think my luck is very bad. I can not earn good profits on cryptocurrency trading any day. An example of this is Doge coin. I invested in Doge coin probably 2 months ago. Which I bought 39 satoshi and bought a total of 126000 doge coins. It was almost 2-3 weeks, I did not check the price. But when I check price on coinmarketcap a few days ago, see Doge coin 100 satoshi cross. After that I was very happy. But when I login into exchange, for selling Doge coin, I was shocked, seeing that my coins were sold in 49 satoshi. I did not remember when I had a sell order. After seeing that I was upset. That was not the first time, before several times, I could not sell many coins at a good price 😞
But finally, an education has realized that if you buy a coin for long or short time, then you should check price minimum one time every day.
Well its not be called a luck mate, since you're not yet get a profits by investing on cryptos. You're just lack of knowledge thats it, but its ok atleast you learn from yoir mistake. Better luck next time.
HitBtc has many negative reviews. Though I haven't faced any problem in HitBtc but many people lost their coin and BTC from hitbtc. If you want to trade in Hitbtc then never deposit a big amount. You can trade in Hitbtc by 1K USD Maximum. There are many exchanges are live now, you can see in coinmarketcap, which Exchange has good volume and which exchange is bad!
The problem about HITBTC are the withdrawal fees! They are crazy. I prefer Kucoin, Binance and Cobinhood. Sometimes I use Tidex, coss and idex. Now I'll try bilaxy. Has anyone of you expierences with bilaxy?
Yes, Kucoin is the best friendly used and most of the altcoins has a big volume, so you don't have to worry to play buy and sell altcoins. And about HITBTC i just new about it, I'm glad to read this topic to warned about HITBTC problem.
A lot of banks are afraid of the crypto. If humanity starts to transfer money without involving a bank, they will lose a lot of money in fees, so it`s normal for banks to dislike crypto. What about real benefits - crypto it`s a very promising currency and this cost all risks.
I agree with tou mate,I doubt of bank accusing about cryptos that will bring more risk than benefits because in my perception the more risks involved in the investment the more you gain profits. Bank could say about that because they're afraid in the future that seems they think will replace by a crypto, thats why they keep criticizing on crytpocurrency.
What a joke, Monero is anonymous coin, usually connected with shady activities, but crypto isn't only about a crime and something to hide. I do think that monero will remain top 30 coin, but won't replace bitcoin.
Not everyone is pleased with their preferred coin.
I don't think that monero will become the next bitcoin but its likely that monero will get a lot of attention for being one of the best privacy coin.
It was many times bitcoin had been compared by top altcoins especially in etherium, but still nothing could beat. the more bitcoin had been compared the more its getting fame instead.
In any way there is no chance that Pacman can beat Moneymay, his slickness and ring smart is hard to decode. Many boxers like Ricky Hatton said that it is hard to defeat Moneymay. Pac VS Mayweather 2 could not be so exciting anymore as compared to their first fight after it is all about money. It is still another boring fight for being playing safe by Moneymay.
Floyds fighting style is hit and run, hit and run repeat. He plays it smart by mastering how to defend himself at all times in which he literally defended himself at almost all the time by running around and if he see and opportunity, he tries to make a jab and punch. His punching power is not really remarkable compared to their boxers. We cant blame the man if that's his fighting style, it works for him and it made him 50-0.
Pac VS Mayweather 2 may not be as attractive as it is before since we already have a glimpse of what we are going to see on the 2nd fight and I don't think Floyd will change his style.
Maywearher never change his style since this is who bring him up to 50-0 record. All he should have to do now is improve his right arm strength to avoid get injured by paquiao punches because I'm sure paquiao will get revenge by knocking him down through his speed and power.