You are welcome to the forum we will be glad to help you.
Not only a single reason behind this correction, some reason which I understand that some news about bitcoin ban etc.…from china & some other countries gave a breakthrough in rising price of bitcoin.
Some peoples sell their bitcoin panic ally is the other reason of fall. If we deeply discuss then we can find out a lot of reasons of this drop.
At the moment bitcoin stabling, so hold your coin and you will be benefited. There is no time frame hope you will see positive result in the last quarter of 2018.
Topic: Help a Beginner to understand... - page 9. (Read 2209 times)
Yes, really want somebody help us newbie understand more about bitcoin, especially the posting and the converting bitcoin to money.
Hello guys...
I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).
Why do almost all alt coins crash because of the bitcoin crash or correction?
My portfolio is worth only 4000$ atm.
Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
I think it's a trend of the Crypto market. You can see the bitcoin as a king and the other altcoins are the people governed by the king. If bitcoin drops, things will go down. That is a Crypto market theorem and you need to learn it.I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).
Why do almost all alt coins crash because of the bitcoin crash or correction?
My portfolio is worth only 4000$ atm.
Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
You can be very upset about this but this is the law you have to follow if you want to become rich. good luck
I don't know about crypto currency because I'm mainly new to this. But i think the reason behind why bitcoin crashed recently is because it's a new fiscal year. New fiscal years means improvements are made into the market. This happens alot in stock markets and the trend usually goes down the first quarter then picks up as the quarter progresses. What i suggest is for you to buy when the market is down and sell when it's up then invest again when the market is down.
For us you have to go here, because here has been described a lot of knowledge about the basics of a good way that you understand, so you for the newbie is very helpful with how to get bitcoin,
Well , in order for beginners to understand bitcoin well,you must read and research alot ,go to youtube, online articles that can help you to understand more.And reading here in bitcointalk forum can help you.In forum you can learn new and upgraded version of bitcoin.Also you can found new friends that can help you to learn bitcoin.
Exactly, this forum will be helpful to learn about the Bitcoin and basic things about the blockchain technology, in the beginning, you might confuse but try to understand the technical names. Even he can easily find different types video explanation about this new technology and easy way to understand.
I think we should help a beginner to understand bitcoin by giving them right instructions , procedure so that they can earn and save for their family's expenses..
and it is better if we can teach them so they can know more deeply about bitcoin from us and with our instruction, they can start to earn although they cannot earn bitcoin, at least they can earn tokens. and if they have a passion to learn more about bitcoin, I am sure that they can do more than us and they can also earn money from the cryptocurrency.
For us you have to go here, because here has been described a lot of knowledge about the basics of a good way that you understand, so you for the newbie is very helpful with how to get bitcoin,
Well , in order for beginners to understand bitcoin well,you must read and research alot ,go to youtube, online articles that can help you to understand more.And reading here in bitcointalk forum can help you.In forum you can learn new and upgraded version of bitcoin.Also you can found new friends that can help you to learn bitcoin.
It's hard to give a simple explanation for this but I'll try. Basically, most coins follow the trend with bitcoin, to some degree. As bitcoin drops, so does everything else. It creates panic in the market across the board and people sell and get out. If you still have roughly the same amount of coins that you had back then there's a very strong possibility that when bitcoin recovers so will those coins. It's not guaranteed, but I'd consider keeping them longer than just a few months and then analyzing it again.
I think every altcoin drops when Bitcoin drops only because Bitcoin is still seen as a flagman in crypto world.
Although it is not the best platform where to develop projects anymore, Ethereum and NEO are way better for building new applications and Smart Contracts for new ideas or implement into other companies.
Hopefully, soon it will change and top 20 coins will live their own life and not follow each and every price fluctuations of Bitcoin.
Although it is not the best platform where to develop projects anymore, Ethereum and NEO are way better for building new applications and Smart Contracts for new ideas or implement into other companies.
Hopefully, soon it will change and top 20 coins will live their own life and not follow each and every price fluctuations of Bitcoin.
For us you have to go here, because here has been described a lot of knowledge about the basics of a good way that you understand, so you for the newbie is very helpful with how to get bitcoin,
I think we should help a beginner to understand bitcoin by giving them right instructions , procedure so that they can earn and save for their family's expenses..
Hello guys...
I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).
Why do almost all alt coins crash because of the bitcoin crash or correction?
My portfolio is worth only 4000$ atm.
Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
We should help beginners for more understanding and give some knowledge or hits by sharing them everything so you can help others also to have some more incomeI have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).
Why do almost all alt coins crash because of the bitcoin crash or correction?
My portfolio is worth only 4000$ atm.
Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
Thank you. i am a beginner also and knowing that someone like you is willing to help us beginners to understand more the crypto world it help to boost our urge to learn more. thanks guys.
Hello guys...
I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).
Why do almost all alt coins crash because of the bitcoin crash or correction?
My portfolio is worth only 4000$ atm.
Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
Begginers first do some act of researching about cryptocurrency. And by that all we need is to hold the coins until it gets higher just be patience until the end you will see how it works. Other than that you can ask some experts about bitcoin and the world of cryptocurrency. I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).
Why do almost all alt coins crash because of the bitcoin crash or correction?
My portfolio is worth only 4000$ atm.
Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
When there is a beginner joining the bitcoin ,try to educate him what is realy a bitcoin ,make a datails and give him a guide on how to follow bitcoin activities and program, and tell the beginners what can bitcoin benefits to the member who join the bitcoin forum.
Honestly I am a beginner also of bitcoin online forum. What I am doing first is learn through online research of what really bitcoin is and how to get benefits from it. Until such time when I have a little knowledge about bitcoin through research and reading articles to get information about bitcoin, I started working bitcoin by joining signature bounty campaign and still I am continuing learning on how to participate it effectively. With this I am hoping that by joining bounty campaign I can developed widely my knowledge about bitcoin and also to earn income as well in the near future. This is how I get started bitcoin from the beginning.
I think when you invest something, you need to have knowledge of that field. If you have no knowledge of the field you have invested in, you can lose all of your money without knowing why. You have to invest in yourself before you start investing in something that will help you make more money, I'm not sure you will make a lot of money if you do not have the knowledge. .
well, basically you have to take the risk for that. many ways to understand something, even you can find the material on the internet, or on youtube. so many very detailed explanations about crypto. but, experience, and dare to take risks will make you understand very quickly. I think there are many ways to recover your lost assets, you can buy altcoin after that when the altcoin price goes up you can sell it so you multiply the bitcoin you have otherwise your assets will not recover.
Yes,there are many different types of sources that were the beginners can look for answers and lectures about bitcoin. They can go online and made some research, but I think the best lectures are those come from people who really knows how bitcoin operates. And I am very happy that there is someone who is patiently helping me tk understand bitcoin,and also I just want to say thank you for all the Senior members that are active in teaching and guiding beginners. During this prolonged decline in prices in the market, indeed, all altcoins followed the price of bitcoins, and not only for you, the total value of coins in your portfolio has decreased. Why it is difficult to say, but there can not be constant growth or fall, so we need to wait for the next growth.
If you are a beginner, you need to know almost if not everything, at least many things about Bitcoin. But practical involvement in the Business is the only thing which will make you a practical expert. I have heard from the top notch experts that if you are a beginner, you should invest in fraction and let yourself know about the market response. Once you are in the market with the experience and business strategies, you would make huge money in case you are long term investment.
I think there are many ways to recover your lost assets, you can buy altcoin after that when the altcoin price goes up you can sell it so you multiply the bitcoin you have otherwise your assets will not recover.
I think when you invest something, you need to have knowledge of that field. If you have no knowledge of the field you have invested in, you can lose all of your money without knowing why. You have to invest in yourself before you start investing in something that will help you make more money, I'm not sure you will make a lot of money if you do not have the knowledge. .
25 is too many, especially for a rookie.
Condense into 3-4 safe coins. If you are only in this for the money and not the projects then I would consolidate into BTC, LTC, NEO and XRP. They are the safest investments for 2018.
I would HODL until you understand market patterns and can do elementary TA. Then spend a little time everyday studying the TA of the coins you are invested in, identifying the support and resistance lines and adding in your own fib retracements and other indicators you have picked up in online forums.
Never invest more money than you can afford to lose. Consider it as an extra savings account. Whatever you are putting per month into your savings, put 20-50% into your crypto holdings (again, however much you are comfortable putting in). From that, leave 50-80% in your strong, bankable coins (ones I have listed above, or others your own research has given you good cause to believe in) and the small remainder you can start looking at to trade alts.
It is important to adopt a long term philosophy here. Keep studying the market, store your coins on a hardware wallet and above all, stay positive!
Condense into 3-4 safe coins. If you are only in this for the money and not the projects then I would consolidate into BTC, LTC, NEO and XRP. They are the safest investments for 2018.
I would HODL until you understand market patterns and can do elementary TA. Then spend a little time everyday studying the TA of the coins you are invested in, identifying the support and resistance lines and adding in your own fib retracements and other indicators you have picked up in online forums.
Never invest more money than you can afford to lose. Consider it as an extra savings account. Whatever you are putting per month into your savings, put 20-50% into your crypto holdings (again, however much you are comfortable putting in). From that, leave 50-80% in your strong, bankable coins (ones I have listed above, or others your own research has given you good cause to believe in) and the small remainder you can start looking at to trade alts.
It is important to adopt a long term philosophy here. Keep studying the market, store your coins on a hardware wallet and above all, stay positive!
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