Why Altcoins price depends on bitcoin value ? Its always going up and down when the bit coin price change.
As we know usually when Bitcoin rises, Altcoin also rises, and vice versa. because Bitcoin is used as a benchmark for other Altcoin.
I think Bitcoin is the main currency in the cryptocurrency market like USD , everything should be scaled as Bitcoin so we're easily to exchange from this coin to another.
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BoardAltcoin Discussion
Re: Do you still support Ethereum?
by
jeysonserafini1
on 05/03/2018, 13:12:49 UTC
I review the chart of ETH and i realize something that's ETH always grows the price overtime not losing it, usually there is a big moment for ETH to increase the market cap then it will stay there and not losing. So i think you should never lose your trust on this trusted coin.
I don't like it. I just believe that crypto can change our lives and change the way we pay for our goods, safe, attract and invest our capital and also exchange money. But at the same time, it is the instrument of globalization, because in the future there are no borders between countries and we won't depend on any government but depend on the right as a whole.
I think beside with the profits, it brings back to us many things else like the technology , new ideals to apply them into our real life and actually most of them are success.
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BoardAltcoin Discussion
Re: ICO Is Really A Good Investment or Not?
by
jeysonserafini1
on 05/03/2018, 13:04:19 UTC
Actually it's depending on you win or lose money in it. Some people say ICOs are shits, scams because they chose the wrong project to invest and bad ending will happen.
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BoardEconomics
Re: When to buy and sell bitcoin
by
jeysonserafini1
on 05/03/2018, 13:01:23 UTC
Basically , you have to buy when it's low and sell when it's high but the hard thing is timing to do it, you have to do them in a right timing to make your own profits. Learning to get that timing is the only way.
Bitcoin has helped many people to increase their earnings, with the capital of patience then with a capital of $ 1000 in a year to $ 10,000 because the increase in bitcoin price each year is fantastic.
But i think it's similar with gamlbing because there are many people earn profits from it but many others are losing their money too.
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BoardEconomics
Re: Can Bitcoin Volatility Be Controlled?
by
jeysonserafini1
on 05/03/2018, 12:38:57 UTC
I don't think anyone can control the volatility of Bitcoin because it's all about the demands and supplies and actually we can't do anything about it.