Topic: Help a Beginner to understand... - page 20. (Read 2210 times)

Get involved with Bitcoin through the path of least resistance, by utilizing the tools designed to help beginners experience the Bitcoin and Cryptocurrency revolution taking place.
Gain a complete grassroots understanding of Bitcoin, and be able to confidently explain Bitcoin to others without second guessing how Bitcoin works as a currency.
Know how Bitcoin works as a cryptocurrency, and how the ecosystem evolves to provide users of the currency a more complete experience.

Keep holding those altcoins and when you get into the chance that you can breakeven or a little closer to your total invested or base capital then you just breakeven because there is no reason for you to hold 25 different cryptocurrencies because it is best to just have at least 3-5 cryptocurrencies to hold and some of the excess will be played for short term and only maximum of 5 is the long term.

Some reasons of why the market is down is that people are panicking because bitcoin is falling and might night survive. Then there the so called experts saying nonsense about bitcoin causing newcomers to cut loss their holdings and sell bitcoin at the lowest price.

Its okay to ask doubts and it is not foolish to raise queries regarding things which you are not aware of.A person can only improve their knowledge by raising queries about things which they are not aware of and they can improve their knowledge and can make wise investment by learning about things which they are not aware of.You should understand one thing that btc was the first digital currency which was created and introduced in the digital market and it is the leading crypto currency rest all the crypto came after that and the market value of all the crypto keep changing depending on the market value of btc .Say for example if the market value of btc rise the rest crypto market will also grow and if there is a crash in the btc market the rest crypto will also fall.

Because they're traded for BTC mostly. Thus their price correlates with BTC/USD price. If alts were traded for fiat money, they wouldn't be affected that much.

unless he is thinking to be a holder for a long time then to keep those 25 different cryptos is really interesting because once all of the coins is an increase, he can see that his profit is too big that could he imagine. I think this is like what I do now and I still hold at least 10 coins at the same times and fortunately, I can buy all of 10 coins at the last year when the price is too cheap for me.

Before we entering in crypto we must know the expectation of increasing and decreasing ,all altcoins are affected when crashed down.Just keep on holding and be patient to wait because I am sure that it will be increased again and make our profit back again.Learn how to be a trader study more to gain knowldege about crypto.

 I can say everything is just hold down and I wait what the next chapter is .I'm sure I'm going to continue holding it really does not beat.so a crypto a  investment is called high how I can earn money here in bitcoin .because of a constant situation for an entire marketcap there is a significant growth at the time there is also a witness of a lot of bad news that the media is playing with exaggerated ones.it does not listen to them and make her analysis because the whales do anything to buy very cheap coins  yet it will all start to pump again .I'm in the real mood though I am in my situation as a new begginer I also want to help for beginners only at bitcoin and also want to teach my knowledge about the basic bitcoin method and explain it to understand all the novice and what I really mean to enter an investment that way I should point to everyone who joins this bitcoin forum.

Wow. 25 different cryptos. Talk about spreading yourself too thin. If you're hodling that would be okay but for a day trader that's a nightmare! Anyway, all the recent FUDs (negative news) about bitcoin eventually led to it's bearish drop. Add to that, no big news about bitcoin lately.

Only thing that you need to have when you are investing in any cryptocurrency is just the belief that this thing is going to work for you. But of course that belief must be followed by some firsthand knowledge about that cryptocurreny. Talking particularly about bitcoin you just have to read some content about it on the internet to have some basic knowledge about it.

Investing in it at the right time is the key element, and of course the convention which is followed is to invest when the prices are low as to get maximum benefit from it.

There are some bad news that people heard about cryptocurrency such as banning of bitcoin or crypto currency in a country that makes some people panic sell their coins causing the price of coins to decrease. And since bitcoin is the mother of all alts, they also tend to sell all their altcoins because they are afraid that what might happen to bitcoin may also happen to other altcoins that's why the price of alts also decrease.

Yes of course, we need to help a beginners to understand what cryptocurrencies really is. Now, I am helping my cousins to understand it because they didnt even know the word bitcoin or any other cryptocurrencies. I'm helping them because I think cryptocurrencies is the future and it is better to have knowledge before we encounter it. Now they keep on searching about bitcoins and other cryptocurrencies to understand it well.

To help a beginners to understand they have to read not once, maybe twice or thrice the rules and apply it,  and do all your best and always think positive.

Bitcoin price slumped and now three-months low more possibly because of the heavy selloffs from investors both in cryptocurrency and stocks, heavy selloffs is just one thing, after korean government regulate bitcoin, price continue to go down, and weeks after, Facebook banned all cryptocurrency related advertisements to its platform, also some banks ban buying Bitcoin using credit card. So as you see all this news greatly manipulate the mind of almost all investors and so the price.

There are several factors that are affecting the rapid rise and fall we are seeing in the crypto market. Most come down to basic economics.

- Volume. In relative terms, there aren't THAT many people trading. We are talking 1996 levels of adoption for the internet are trading crypto. So, pumping and dumping activities by a few large actors can skew the system very quickly. Also, when huge communities like those celebrating the Chinese New Year for the past few weeks go do things with family and aren't as active, it makes it even easier for swings. As we get more people online, we will see volumes stabilize more and more.
- Regulation. The fear, uncertainty and doubt (FUD) from large nations like China, South Korea, and India—not to mention the US—as they place undetermined regulations or clamping down and exposing frauds will cause some folks to sell off, and restrict large populations from participating causing swings in volume. This is expected growing pains as the market hardens itself. Ultimately, smart businesses will figure this out, and will create such a demand, governments will have to figure out how to make it work for them. Japan and Gibraltar and Dubai are already doing this. We see success there, and other governments will learn and adopt as well.
- Exuberance. People talk about Tulip Mania, or the dotcom bubble like they were reasons to abandon growth industries. Do we still use tulips or the internet? Yes. Of course, and blockchain and cryptocurrencies will be no different. A correction to tame all the wild ideas that do not have the benefit of a true business case need to be culled. That is happening now. I saw that Binance says it is getting over 4000 applications for ICOs every month and a handful are getting through. They are acting as quality assurance gates to vet real business plans and protect investors from people that don't really know what they are doing or don't really understand this economy—they think of ICOs as a easy way to raise money, but have a low potential from making that investment worth something that benefits this economy. We are seeing a shake out of those poor actors now, and we are getting smart really fast to curb their exuberance with real business acumen. This happened not too long ago with the dotcom companies, and I think it will happen even faster now, as we understand tech much better. To figure out these on your own, you will have to do your own due diligence and find out more about who you are investing in—same as stock market investors. Whose behind it? What is their track record? Why does it make sense for blockchain? Is there an economy with actual reasons for velocity (constant buys and sells) to drive the markets up? Also, what markets benefit from the project? We see that the best investments are still in blockchain infrastructure, finance and gaming (https://twitter.com/Obj_Cloud_Labs/status/954471637285556237). These are the three main areas that build value and stability to the whole ecosystem—its the tide that floats all boats.
- Global markets. Friday saw a spike in the interest rates that set the stock market plunging. These factors affect everyone, including crypto markets. If the stock market is doing well, all investment will do well. If the global mood is to be conservative, that will affect cryptocurrencies even more as our volume is still relatively low.
- Enterprises. This is the reason I think it will bounce back. Enterprises are adopting blockchain technologies for real business cases. There was a great article this week https://www.coindesk.com/enterprise-blockchain-may-finally-ready-breakout/ citing how enterprises have done their due diligence and are bringing online real services. Depending on how they do it, this has the potential to introduce HUGE volume to the blockchain infrastructure, while building confidence and enterprise investment in the technologies.

This paints the picture that investment here is a long haul. You can't invest and expect to have consistent returns in weeks or months. But, if you invested in Google or Apple in 2000, you'd be very happy today. The same is true with many of these companies emerging today on the alt-coin market.

So, if you are investing, do your homework. Understand how it all works. Be ready to do some long term investing and keep tabs on if your investments are really doing what they say. Blind bets may pay off, but could cripple you too. The only way to help improve your odds is to do the work to understand what you are investing in, and that means looking at the big picture.

You don't need to panic. But you ought to have sought knowledge before investing such huge volume.

But not to worry. Bitcoin will bounce back. You should see your investment as long term.

Bitcoin is the backbone of cryptocurrency. It is therefore not surprising that when bitcoin swings others follow same.

I only can say keep faith in crypto and hold for as long as you can.I don't think you will be disappointed.Crypto currency is falling down for couple of days.But we are sure that the price will pumping up soon.So don't get panic and sell everything.I will suggest you to buy some Btc now because it will give you good profits in future for sure. I saw last year in January bitcoin price was down for couple of days but lastly it gone upto 18K USD.So we should trust bitcoin this year also.

Actually all this things happen due to some panic selling of some investor,due to continues down of bitcoin in the blockchain and because of this situation,the value all altcoins is affected including your portfolio.the three  factors that contribute why should bitcoin going down is first the declaration of ban  of crypto in the country of  south korea and in the end they overturned ,second is the plan of china to eliminate the trading investment by putting a barrier to not  going inside there country those foreign exchange trading site,and lastly this is the correction of the right value of bitcoin in the exchange market,this all source information i heard is coming from the news from cryptocurrency highlights.

That is true because all beginner follows the steps and procedure to go on. We need to help each other because we are just a human being we need each other. At this time the price of cryptocurrency is down if you have btc you need to hold it first wait until the price will gonna up.

Actually buddy, to make you understand clearly most crypto currencies at this moment go down because they are relying the value of bitcoin. Also, the tokens that you have, as it was from the start of ICO projects most investors used bitcoin as their way of investments that's why during the downfall of bitcoin the tokens that you have will aslo down. Well, on my opinion on what you are going to do just hold as much as you want, if you have enough funds on your own wallet.