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[BMF]

From what I've read and upon my understanding Bitcoin , Ethereum , Ripple , Litecoin , Dash , Monero and Bytecoin are in top of the market charts.

In your opinion which is the best cryptocurrency to invest RIGHT NOW?

 

[psyrecluse]

Reading and watching as much as I can news related to the crypto world, it seems right now is the best time to buy some crypto.
Don't you just like it when all coins are green?
View attachment 10745

Never checked the prices until now. Thanks LOL .... Hoping for gains :)

 

[Crystal]

Never checked the prices until now. Thanks LOL .... Hoping for gains :)

it will grow again, the btc, looking at the graph of the price of bitcoin since beginning of 2018 i see there were 3 drops to around 8500 and 2 grows to 11k . Since the last drop to 8500 just ended , a grow to 11k it is very likely to follow .
If bitcoin creates such predictable graphic/pattern of 8500 to 11000 then again to 8500 and back to 11k and so on, then it will become one of the best way to make some cash and a much safer investment than buying stocks.

 

[Rayone]

I sure like it but unfortunately my portfolio is showing all red now. All of the coins are going down rapidly and I have lost almost 25% of my total investment in recent times. However, I am sure it will turn around in coming days. What I feel is that Ripple is the one that looks promising at this point of time.

 

[psyrecluse]

I sure like it but unfortunately my portfolio is showing all red now. All of the coins are going down rapidly and I have lost almost 25% of my total investment in recent times. However, I am sure it will turn around in coming days. What I feel is that Ripple is the one that looks promising at this point of time.

As you can see, this comes sometimes as mind game. I agree it will turn back up. Just wait. I don't worry as much for it happened countless of times.just HODL :)

 

[vinaya]

I think it is the right time to invest on bitcoins. Currently, the price is arounf $7000. It has dropped from $20,000 in the December, 2017 to $7000 in April 2018. Bitcoin price will once again go up. It might not reach 20K soom, however, we can expect the price to rise upto $10,000 by the end of this year.

 

[psyrecluse]

I think it is the right time to invest on bitcoins. Currently, the price is arounf $7000. It has dropped from $20,000 in the December, 2017 to $7000 in April 2018. Bitcoin price will once again go up. It might not reach 20K soom, however, we can expect the price to rise upto $10,000 by the end of this year.

As you see, bitcoin price is fluctuating and the lower it get, the better to invest. I have btc from the dates of all time and I don't mind the current price, for I know, it will be back in the future :)

 

[svensei]

I think it is the right time to invest on bitcoins. Currently, the price is arounf $7000. It has dropped from $20,000 in the December, 2017 to $7000 in April 2018. Bitcoin price will once again go up. It might not reach 20K soom, however, we can expect the price to rise upto $10,000 by the end of this year.

It's hard to ever say that it's the "right time" to invest. I haven't read through this entire thread because it looks like there's some large gaps in time between posts and given the volatility of the market, so I don't know if someone has already mentioned Dollar Cost Averaging (DCA).

If you're wondering if whether or not you should put some money in, saying this is the bottom and it can't go lower is something no one can know 100% for sure, but if you invest in small chunks over time (i.e. invest 10% once a week for the next 10 weeks), then you will be better off in the long run most of the time. The idea of DCA is that even if the price continues to drop, you will be able to buy more at the lower price and your average price will lower than the price you started investing at. That means if the price eventually just returns to the same price as when you started investing, you've made some profit. The tricky part will be what to do when it looks like there will be another bull run up and resisting the urge to dump the rest of your money in hoping to catch the wave. You can apply this strategy to any coin, but sticking with BTC for the moment is probably the safest bet for most people.

 

[Yugocean]

Right now I am taking more interest in dogecoin. I have collected hundreds of dogecoins, and have made a strategy to earn atleast 10 dogecoins daily in average.
I am investing my time and efforts to earn it.

 

[svensei]

I think if you're just claiming from faucets it might be ok, but if you take a step back and look at dogecoin, it doesn't actually serve any purpose and was created as sort of a joke. You are likely better off claiming another cryptocurrency (BTC, ETH, LTC, etc.) that has some sort of value in the real world because the value will rise as the value of the coin rises. Dogecoin does see some rises in USD value, but that's because it's tied to the value of BTC, so it might be worth more USD as time goes on, but if it's value against BTC does not rise at a faster rate, your Dogecoin will actually be worth less than if you had another cyptocurrency that had a Fiat pairing. I'm not sure where you could convert your Dogecoin straight into a Fiat currency, if anywhere.

 

[SCAMEXPOSER]

Also i forgot to mention that the bitcoin address is not a secret but avoiding to make it public to many times will bring more safety to your money . So try to publish an address as less times is possible. If you need an address for public then the best is to make another wallet specific for public purpose. You can make as many wallets you want on blockchain.info. If you lose login details (wallet ID) from a wallet there is no way/button of Recover it and your money are lost forever in the network.

You point is acceptable but the challenge here is that you will have to pay double transaction fees cos you will need to move funds from public account to private account or wallet for safety reasons

 

[svensei]

You point is acceptable but the challenge here is that you will have to pay double transaction fees cos you will need to move funds from public account to private account or wallet for safety reasons

100% true, and to just piggy back on the disadvantages of the public/private accounts is that anyone can still look up your public address and see transactions out to find your private address, so you're not actually gaining that much extra security by just having a 'private' address. You could make this slightly more secure by having multiple private addresses for a single private wallet, thus obfuscating where the funds are going out of your public address and how much might be in your private wallet.

 

[Kranthi]

From what I've read and upon my understanding Bitcoin , Ethereum , Ripple , Litecoin , Dash , Monero and Bytecoin are in top of the market charts.

In your opinion which is the best cryptocurrency to invest RIGHT NOW?

I want you to invest in Fonero, XDN (digital note) INTS, SUMO coin ,also ETN these are used ,made as (ASIC resistant ) coins , with cryptonote algorithm , and also provide secure transactions like Monero, while mining with ASICS is not possible for every one, these coins can mine with mobile , CPU (GPU ) and now mining is known every one these days, these coins will have great influence in future, you can check we have only cryptonote coins available in miner gate, I buy Fonero INTS and mining Sumo coin in pool , I hope this information can help :)

for the altcoin earned, i will trade it to bitcoin using changer dot com as an exchanger, or use facuethub exchange service to get bitcoin.
But everyone has used localbitcoin ? to trade with other users, is there need to have identity verification documents required ?
Thx very much for your advice !

You don't need to verify there to buy bitcoin except mobile number verification , but if you want to sell in some cases you must provide a Government ID ,in Faucet Hub also you can Exchange ( can trust them )

 

[SCAMEXPOSER]

Any new coin with good prospects and low price can be invested on now and also bitcoin won't be a bad idea especially when it price falls

 

[Kranthi]

Any new coin with good prospects and low price can be invested on now and also bitcoin won't be a bad idea especially when it price falls

Yes you can buy some new coins very cheap, coz they are very young
but very potential when time comes
I like to prefer you
Monero v (XMV) Fork of Monero
Graft (cryptonite)
ENT (Electroneum)
Dero (cryptonight)
Leviar coin (xlc )
Turtle coin (TRTL)
Fonero
Sumo coin
Digi byte For mass adaption
These are ASIC resistant coins and future is mobile and GPU mining
I Hope These coins have good scope
You must research before you buy
If You want some trusted exchanges for these coins ask me will guide you
For IPO
Nucleus Vision

 

[Kranthi]

cardano (ADA) is trending in crypto news every where , should focus on this coin is better I think :)

 

[SCAMEXPOSER]

I still see bitcoin as most powerful coin amongst all, cos lots of trade of all these smaller coins are still be converted to bitcoin and later local currency or for investment on business es

 

[svensei]

I still see bitcoin as most powerful coin amongst all, cos lots of trade of all these smaller coins are still be converted to bitcoin and later local currency or for investment on business es

I'm not sure about 'most powerful', but it's very likely the 'safest' bet. For the time being at least it's true alts are paired against BTC, but that won't be the case forever. Since it is right now though and the market is largely dependent on BTC anyway, you'll often see the whole market move as BTC does. If you're looking for higher rewards, you'd have to look towards alts because BTC's market cap is super huge already - there's a better chance of having a higher payoff with something that has more room to grow, just be careful because it also carries higher risk as losses will be larger as well. Granted, the cryptocurrency market in general still has a lot of room to grow also, so BTC is still a good investment (given tolerance for the market as a whole).

 

[SCAMEXPOSER]

@svensi you have made very good points about bitcoin and other altcoin, though the facts remains that every investments involve risk taking, however what I have also observe from the crypto market is that new coins do rise faster when they are launched may be because there prices are usually low and easy to buy so people invest in them and resell within shortest period of it rise. I wanna adopt this tactics

 

[svensei]

@svensi you have made very good points about bitcoin and other altcoin, though the facts remains that every investments involve risk taking, however what I have also observe from the crypto market is that new coins do rise faster when they are launched may be because there prices are usually low and easy to buy so people invest in them and resell within shortest period of it rise. I wanna adopt this tactics

I would recommend starting with no more than 5% of your bankroll adopting that strategy at first. That type of thinking is exactly how people fall into a pump 'n dump scheme. If you use 2-5% of your stack instead, you're a little more free to be hyper aggressive, because if you somehow lose 99% of your risky investment, you can still try again another 19-49 times. I'm personally uncomfortable with trying this out because my schedule doesn't allow me to be watching the markets closely enough, so my stance is probably on the more risk averse side of crypto traders.

 

[Md.Rajaul Hassan]

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