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I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto?
it is sad to hear the news but I think cryptocurrency could make us become addicting because we've always watched and checked the price and if the price is down too fast, sometimes it makes us become crazy and want to sell with fast. but if we can control our emotion then it won't be a problem to us and we still could trade or do whatever we want in cryptocurrency. I hope we don't have to lose our mind when we are losing our money and still trying to recover.
.I always check this:
- Their technology
- Their team
- Their roadmap
The team is paramount, make sure they are all verfied from a trusted source, so chances for the scam will be low - Their technology
- Their team
- Their roadmap
The best trading strategy i think is to buy at low prices and resell at high prices for earn profit, it can be short or long term, depending on market price developments, no problem having to hold the coins in the long term if the coin price down as long as it still gain some profit
By reading a relevant information on how to improve your trading strategy, this would help you.Always put in mind that trading is a long term activity, you can make money in trading only if you are consistent enough, meaning, you have
the experience and you have develop yourself to be a good trader.
Should we invest in altcoins?and why?which is better altcoins or equity shares?
I think it it is a good time to invest in the coins because the price of them are low and even some are lower than the cost so it is good to invest in them.Yeah now is a very good time to buy alts. While newcomers panic experienced traders buy coins with big discounts
I also take this excellent opportunity to replenish my investment portfolio.
Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
I think the best thing to do is to think before you invest. for me, it is not advisable to put all your funds and your savings to an investment. You should leave some for holdings and you should only invest amount that you are ready and willing to lose so that you will not regret it at last. Investing is like gambling because you rely on the probability of it to become high, it is quite risky depending on where you invest. We can not easily predict what is going to happen next so it always have a risk factor. -50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
.When prices are falling usually bitcoiners do is to hold their bitcoin until the price of bitcoin is back. To those bitcoin savers this benefits to them because they can collect more more bitcoins.That will profit them a big amount of cash.They have a chance also to multiply their wealth. Bitcoin is the best way to earn money now. All people is curious what bitcoin is. They try to look for what bitcoin is?
For me, I never hold my Bitcoin when I know the price of Bitcoin will decrease. Why do I need to hold it while I can buy more at cheap price? Buy at cheap price with extra amount and same value USD instead of wait much times to get old high price I bought in the past. It also helped me avoid the situation take loss at cheap price.Bitcoin, for now, is not suitable to become a national currency of any country. Bitcoin's value is too volatile so a product or service will always change in price with respect to the price of Bitcoin. Also, a transaction fee is there with every transaction, this is not practical in using in a daily basis. It will be hard for the government to control the scenario. So if a country will make Bitcoin as its national currency then they have to regulate it first.
Before a government consider bitcoin as a national currency, they must replace first their existing currency. And that would be a drastic change specially on the market system. That kind of change needs a lot of research and market analysis because of the properties of bitcoin that will surely make a remarkable impact in the economy.Re: If Bitcoin had a stable price, would it still be as popular?
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
I don't think bitcoin popularity will last for the long run if the price would become stable for its possible certain amount. The market will become dead and there is also a zero growth for the numbers of investors. And aside from that its popularity will not be as same as today but it will be taken by an altcoin which can have the ability to take over the rulership over cryptocurrencies. And this will be the totally truth about the rumor against bitcoin which the term "bitcoin is dead"
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
Soon I think it will grow faster ,bitcoin will be more popular ,Our economy turn into progress. Lots of newest technology are invented so it made our life easier and easiest transaction will happened. And this bitcoin becomes successful nationwide.Of course it absolutely possible, the first thing need to do is the country doesn't ban bicoin, furthermore if the government can easily work together with bitcoiners. Well, thats just my perception and I hope it'will happens in my country. Actually we can do better if this happens.
Yes I agree. Bitcoin can improves the economy of a country. Like you said if they will not ban bitcoin and let people use bitcoin. Many people will benefit from bitcoin and will have a good life. Because of this, there would be less people who will have no job or source of income.
). Like other markets, it has high competition and the volatility of this field can kill any newbie.Coinbase CEO believes bitcoin will replace dollar within 15 years.
Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years
Do you think it will be true? Are you positive towards bitcoin's future status?
Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years
Do you think it will be true? Are you positive towards bitcoin's future status?
it is very difficult to say something about the timing. certainly the future in which bitcoin (or altcoin) replaces paper money seems tempting. However, most governments are cautious about the crypto market.
It seems to me that altcoins have even a greater future than bitcoin because the only benefit of the btc in its price, the altcoins, however, are more technologically and more functional.
Yes, you are right. I also suppose in future even faster, safer and more anonymous altcoins will appear and replace some of coins used on the cryptomarket now. Sure alts will survive and will be used.
When I'm choosing the best and reliable ICO project I am watching first of all team of developers. If in the management and between creators are famous names then it is a very good sign, some kind of guarantee.
You have to remember these famous people can be the advisor, they aren't the devs if they just earned some money to show their face with that project (spreading some promote words too). Of course, in the past, this case also happened. I remember that project is Centra promoted by Floyd Mayweather Dogecoin is looking like a scam with strange name and almost free coins. At my opinion no future for this cryptocurrency because competition is to high nowadays.
It seems a bit negative here, I just feel it does not have the necessary traits, because of the platform combination from Litecoin and Bitcoin. It's like an exaggeration. So, they choose independent direction in a fun and just use as a tool to buy fun for the community. It may not have much sense of competition for strong growth in the future. I believe in Ripple and NEO more.
The people/investors gives the altcoin so much valuable especially if it has the potential to rise and compete with the other top altcoins. By having many investors it will give so much advantage that the altcoin may go for a long term if the developers wants to continue it.
Dogecoin is one of altcoins still increases its value without any developers, why? Do you know the reason? Because the value of an altcoin doesn't depend on the developers only, it depens on the user more than the developers, so for Dogecoin's fan, they still think this coin has the future.Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
As I would see it doesn't make a difference with the percentage. What matter is how much cash you can stand to lose. Putting cash in BTC is exceptionally unsafe in light of the fact that you can't tell what will occurs next. It is smarter to peruse the news about the estimate in BTC with the goal that you will have thought on when to put. However starting at now this isn't the correct time to purchase so have tolerance to pause..What are the best investment opetions for bitcoins to be put into?
Please post here!
Please post here!
In my opinion, you better to invest in Bitcoin as mother of all crypto currencies. It has huge volume of investors and the price keeps on rising though there are some dips but that's normal in trading. As we can check the trend of Bitcoin from early this year until now, the price is so high and I know this will continue until next year as speculated. You may try Altcoins like, ETH, Ripple, BCH, LTC, Dash, etc. because their prices really performs well this year. Just invest to top Altcoins and Bitcoin and hold so you can never go wrong. Also we need to read the news about Bitcoin forecast so that we will know what will happen in the future and make plans out of it.
For long term steady growth in value then it's Bitcoin. Dollar cost average your Bitcoin purchases and watch the value grow. If you have more time than money play the ICO game for short term potentially massive returns. It only takes one ICO going 2X to cover ten ICO that loose 10%. It is a gamble, but the odds are attractive. Never spend more than you can afford to loose.
.day trading is too risk. see this time. we can't tell price will go up or down so keep holding is better
You don't know, but others know that, haha. You don't know the next price of Bitcoin will be high or low because you don't have enough knowledge and experience to understand the trend, the scenario and the reason make the price of Bitcoin dumped. Trading is such an activity when you should always be cold-blooded ... You should never give in to emotions, especially in this case
Some wise people just said in this case that if you want to be a winner, you need to win the war of emotions while in a decision making scenario. So yes emotions are of the vital role that can make your decision a good one and a bad one too. No need to go for emotions. Try to avoid any such situation where emotions can overcome you. Trading has this situation many times so be vigilant.
Emotions should be eradicated in your trading. You should have the mindset of a general in the military where before they go to war, they should make it sure that they have already won the war - meaning, you must set a target price to buy and set target prices to sell and follow them strictly without any emotions on it.
Yes, Bitcoin have really good and bright future, I think no one can stop their growing demand and hype, Bitcoin price is going up day by day and made the new pump in every new candle and this is non breaking profitable coin, There are most of good branded companies start to accepting bitcoin and there are lot of banks start to accepting bitcoin transaction and you can get cash on bitcoin exchange from different atm machines and their demand is growing day by day and giving you the chance to earn more and more in future.
I think so, that is why it is better for us to at least save money for our future, I am not only saving money i am also saving bitcoin for the future of our family. If bitcoin has no future, then no one would dare to invest at it espeicially those business owners or the billionaires, of course it has future or else they won't waste their money here.