The news is out: the Cryptocurrency market is down more than $300 billion. The altcoin market is crashed, bitcoin has dropped below $10k, and altcoins all around are down. So why, when you hear all this terrible news, would you buy into more Crypto?
Early in 2018 the cryptocurrency market climbed to new heights, only to drop more than $300 Billion. Is the bubble popping, or are we simply in a correction? What is the news?
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Great Ben I guess you are unaware of fintech services with existing successful businesses that are moving their already functioning business model to blockchain because it is simply a far superior technology. Watch and learn buddy.
Well, Youtube is the 2nd largest search engine on the internet. And there are hundreds of Youtubers making the same types of video. So I'd aspect the millions of people who watch these videos have some impact on the market. It might not be a lot but they still do have an impact.
there are always going to be the doom and gloom nay sayers who only see the negative side of everything. I say, be positive and be ready to try new things, get in there and be informed. History favors the bold for we are the trail blazers of civilizations :-). Read up and learn about what you are getting into, don't risk more than you are willing to lose and enjoy the ride.
Now that everything is almost back on track, I'm pretty happy I holded and even bought a little low. My first crash was the december black friday and I must say I lost quite a lot because of emotion, I was ready this time. But still I did sweat a bit, and I just wanted to say that it really helped to come here and have your very sound and positive advice, so many thanks for that and keep up the great work :)
love ur work partner .i cashed most of my coins ...it looks very fishy and very risky this time we in . i think every body should cash out most of their coins . play with very small money .lets start moving some of that money to gold mining stocks and copper its at lowest time since years .lets split out eggs .what you think ? looking forward to hear from you
I disagree with the Bitcoin Army. I think as soon as all these cryptos dip like this, it is the biggest opportunity you could wish for. Buy low and sell high!!! Well, how can you do that IF there isn't ever a dip?????????? I have been actually waiting for this kind of drop. This is when you buy into the market, not when it's going up. This is beautiful if you have any backbone at all...
Thanks for the info. Started buying early last year and built ETH miners. Question - I'm asking other channels as well, I had everything in XRP, ETH, LTC and diversified all my ETH and LTC (kept XRP as is, still a fantastic return on it) into other Alts, both bigger ones (ADA, BAT, NEO, XEM, XVG, etc) and some smaller ones (ETN, DNT, etc) over the last three weeks (figured I'd diversify all my profits). Thinking about moving everything back to ETH or BTC during the dips. Or doing some more research and moving into other, smaller, faster, but promising-based-on-the-fundamentals, Alts. Thoughts?
I don't think we've seen the worse yet. For some reason, we might see a total market cap drop down to around 300 billion, before it steadily increases again. Hope I am wrong though.
Stay strong people!
MY FIAT JUST CAME THROUGH! i'm thinking about grabbing a lot of appc if it goes under $1, xrp at $.50, ada at $.30, iota at $2.... etn at $.05 for the wildcard??? what other coins should i consider? ast? vibe? bnb?
Something good came from this dip, Bitconnect Ponzi scam finally went down. It's sad that it got so big before they made their exit scam... A lot of naive and uneducated people got badly hurt and Bitconnect founders surely disappeared with their funds. They might actually be partly a reason for this dip, selling their stolen BTC for fiat as fast as they can...
"As long as you have faith in this blockchain" man fuck the blockchain. Can we all stop pretending we give as hit about the block chain. We all just wanted to 10x our investment, can someone just have the balls to admit it and stop trying to pretend like we're all enlighten by "block chain mechanics". GTFOH
Dude your voice is the BEST! Very calming when you said.... "just hold" Thanks MAN :) I'm getting away from crypto's for a while. Spend some more time with my family, UFC is coming up, also going to go running :) The last few months I've been 100% involved. I'll join the Chinese in celebrating the NY again hahahaha
I think this is a sign of something really bad gonna happen to cryptomarket. No matter what you cant fight against the Government. BITCONNECT is done . For me , I couldnt take a chance , suffered loss of 200k, I am out with rest of the money for now. Hopefully market recovers faster as predicted. Until then I am out but good luck to those who are in.
Now that I really think about this I hope this remains this way until the beginning of March. That gives me three full pay checks to secure positions. I know it will explode sooner or later, but it's crazy to think about the kind of gains we will see. I want to see everyone succeed. And if this pushes crypto back 1 year I don't care at least we all get a chance to invest at the lows and make gains...
You get in at whatever level you purchased at. You bought x amount of coins so if the value of a coin doubles before you get your coins credited your balance will still be twice what it was when you bought in.
Now i'm happy I waited to start investing. Just bought some ETH today at the low point around $800USD, now only question is has it bottomed out yet? I predicted to myself earlier today the market would protect the $500 B floor and that seems to be the case.
Ive only been in the game for 2 weeks now and i feel i leveled up so much in that time. Personally i wish i put all my money in today or yesterday instead of the mid point(which still ain't bad). Im not freaked because i know this is the long game and the future, but now knowing the cycle ill be saving and putting it in the next time it goes in the super red. I'm putting money in as a go and literally commited myself to the broke lifestyle.. its a small sacrifice in the short term but i believe will pay me back tremendously in the long term and I truly believe crypto is the future and here to stay. I'm thinking if/when I receive high returns ill be investing that profit in real estate . So really this is a looooong game for me but one of those once in a lifetime opportunities for abundance if you make the right moves. I bought a little today even though its pushing my $$$ limit haha. Not worried :).
I'm in the same boat. Only got into it in about the middle of the recent boom (have looked at it for years though). I know I am just gonna hodl and not sell. I am just waiting for it to hit bottom so I can buy some more.
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Wish i could buy more. My quick debit limit was probably good for me or I would have dumped a ton more in. But glad I bought a little more today. Transfers were quick today too. Im already up again on all my purchases today. Buy and HODL!
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.