After 3 months I will be in the army for a whole year. And I came to the conclusion that I need to buy something for $1000. This is not an important amount for me, but at the same time, I want to come home and with probability to raise this amount. I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what
Spread your portfolio to only 5 coins and make it the top 5 coins in the market, you are guaranteed to make a good profit after a year and maybe you will not come back from the army anymore if the predicted bull run happens this year and you will come back with 10 or 20 times profit. I know it is a money from tears and sacrifice but crypto can possibly multiply its amount for many times. But having such amount it could be better to invest only for few numbers of potentials coins. And for that long you just be sure that you keep it safely and have a backup keys for you to recover otherwise you'll not seen it anymore at your wallet. |
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Trading is not just an easy way to gain profit anyway, it is a different thing in trading and holding. Holding is much safer than trading. Since cryptocurrency is a highly volatile some people grab this opportunity and do trading but if you don't have enough knowledge and skills on this trading you might be loose. So, if you ask me I would love to split my savings, 40% savings and 60% trading, nothing risk if you know how to deal with. Agree with that, but if we know how to make it work well then there is a huge chances to make it big in the future. It is seems to be better than of keeping in holding in which we are just locking up our money and let it sleep for many days that we could possibly used it to make profits. All of us have its choice and wants, may also consider that not all of us have fun with trading. |
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~nip~
well, your case is like an addiction to trading. you don't trade to earn money for something but you trade just because you want to enjoy the process I guess. try the following thing: set a goal for your trading like you want to buy something, let's say a new tv or something like that. so your trading goal is a price of that TV. try to reach that goal during a monthm then buy that TV. just make a goal for your trading and set time period. you will enjoy trading and you will keep in mind that you just earn money by doing thing you like. nothing more This thing something to believe that we need encouragement in order to push our self to work hard. Yes you may right, as almost traders aiming for something in returns and so they'll put to much time in trading rather than of the other things. It is really working if we are eager'ed to it, not for our self but for the future. |
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If you feel your funds are safe and the escrow service is trusted or guaranteed. I think you should give it a trial. Most of the online merchandise store are not popular to those outside the crypto sector but I believe the platform reputation and development should be your main focus before putting your products up for sale.
This is to test our trust to someone whoa aren't known to us. It maybe we could run for a trials to find out that he/she can be trusted at all. But for the safe and having a smooth deals, it is better to look for reliable escrow to hold the funds until transactions done. Some in here are having with good deals maybe we could make through in the coming days. |
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I don't feel if it will succeed at this time knowing that not all of us are not using crypto. Some areas with limited access for crypto will surely prepare to converted into fiat currency and stored in the bank after. Now, if anyone could try to launch that crypto banking system is gonna be a test and possibly a big work for them.
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The demand for Bitcoins is based on the awareness about Bitcoin, its popularity, the trust among crypto community members, and a lot more. If the demand is high and the supply does not meet the demand, this causes a spike in the Bitcoin rate. There are only a total of 21 million Bitcoins that can be mined, thus supply is very controlled and price will keep on increasing. Once it will be unlocked, the supply will essentially be exhausted unless its protocol is changed to allow for a larger supply.
Even though we have that huge demand but it is still far enough to reach its limitations. We don't know if there is a back-up numbers of bitcoin hide for now and 21 million circulating supply is just we know since before. The only possibility when it totally mined, there might be an increase of price and we surely get more profits during that time. |
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That's because they are not really prepared for the possible things may happen with their investment. They to much confidence that prices will continue to pump with thinking for the drops occurrence. It gonna be a learning experience for them and for the next time, they will settle it first before making another strike or otherwise it could happen to them again.
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Try and read about the varrious projects. Do some research so as to know which is worth holding and which is worth selling off. Aome projects have good use case and a great future you can hold those ones and sell of the ones without a clear head way
It actually there is the right time to buy and the right time to sell. If you are a knowledgeable investor, you know already what is the best for us. Of course, we should kept those coins that have potential and sell those who did not. We just do some play with the market and only chances to make gains is to take advantage of every pumps they made. It is just basic, do buy and sell. |
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Some investors and traders are complaining of not making profits like they used to, when the market was better. Instead or profits, it has been loses.
If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
indeed a good strategy with the current market situation is short-term investment. when the profits are in accordance with those expected to sell immediately and the rest to reinvest, it is more effective to get profits even though not as much as last year. Our strategies must always be vulnerable in all market situations and it always subject to change if we found out that it is not effective anymore. That is some reason why we fail and get loss because we still using it even it is not applicable today. It is need for us to refresh and have a new one. |
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no, it will never happen there are still many people who really trust banks as a safe place compared to cryptocurrencies.
I am sure that the bank will never be defeated by the cryptocurrency.
Wide adoption of cryptocurrencies doesn't mean that we are competing into banking system or in vice versa. Of course, banks will still remains to have a big role in the community where we can rely in terms of storing our money for safe keep. Even that, banks have also its pursuance to accept crypto as some banks are doing sponsorship to run ICO that reflected into their personal coins. |
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We are all hopeful that the entire market will rise up again but it only be happen when there is a huge support from the community.
Its been more than a year that we miss that price and its look like we are having a huge possibility to have it again seeing prices moves slowly in a continuous movement. It may not good enough to make it easier but at least there is an indication of such flows.
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If I have fund to invest in five coins now I will buy : ethereum and litecoin because there are well established, digibite and lisk because I have been trading them for long and ripple and tron because of the developers and their professionalism.
We all have different choices of coins but it for sure mostly investors will consider in the leading coins in the market even it have a little bit high price today. Seeing its gaining assurance will give us courage to take the risk and find good things in the future. But of course it will only be working if we work on that also. |
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Good for you man, I am glad you found your hard drive and recovered your passwords. Same thing I always tell people, don't give up on bitcoin buy now that price is down and then hodl. You never can tell what the future holds. Bitcoin maybe down for down but sure soon enough we will see the rise in price. Just accumulate more and never give up
If you trust bitcoin or crypto there is no need to think of quitting. Blockchain technology is going to improve and rise back again, and those who kept their coins in their wallet will surely be rewarded soon. It could be a big regrets for those who sell their coins early this year cause if they are still holding it until now they'll might be gaining profit today. |
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Probably the cryptocurrency have a future as i can see as of now many countries are accepting cryptocurrency and they use crypto as payment their local transaction and more new investors are willing invest in crypto currency.
That is actually the main reason of crypto creation, to be used similar to fiat currency and this is another options to us. Since there is a mass adoption towards crypto, then we may think that this kind of technology will we have to see a better future. And it gets so exciting to see how people used it in their daily transactions and make some small establishments accepting crypto payments. |
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I think one of the main reasons is the complexity of cryptocurrency processes for ordinary people, from which fear and frivolous attitude is generated, which is detrimental aspects.
It may people afraid that once they'll mistakenly send into wrong address they can't recover it anymore. In some aspect also that many investors(whales) tried to manipulate the market and create hypes which some of us in here( for newbie) might experience losses which decide to quit in crypto and sell their coins in cheap prices. |
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It is a positive outlooks we've looking for, even that slow but it could be better that to see no improvements.
If it will continue to pumps it surely give some good insights where some investors will look back into investing crypto again.
Bitcoin is almost touching into $4k dollars and it sometimes to think that we are in the near bull runs.
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Financial capabilities is very important in all form of investment, and having a global crisis will absolutely affecting people's funding's to put into crypto. Many individuals whoa are in limited resources won't actually invest in crypto rather than to priorities their basic needs especially when you are having family to sustain.
It is really a big challange for everyone and we don't expect that there is a huge market growth during crisis cause they'll probably not into look for investing.
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Everyone's were looking for the right place for us and we find out that trading is more profitable than of gambling in which is preferable for us. But we won't think that easy also cause everything will be needing our efforts and simply work on it to succeed of what we aim for.
We know that gambling aren't a perfect place for individuals who look over making money and so taking advance into trading will be the best choice.
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i learn from a good expect on how to trade but am still learning. not yet a pro like him, rule number one for trader. NEVER EVER sell at lost. no matter how hard the coin drop make sure yo don't panic and sell. very very important. what goes down must surely go up again. since then, i have been making little profits dem. quite interesting.
You're right, thinking of why we have to sell when we know that we are losing with that price, it is just a suicide. The market is also somewhat testing us of how we are really trusting crypto and how we manage our funds in trading. Most traders get failed cause the main reason is that they'll never know how to control their emotions, they let it to controlled over their mind |
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as we've been in a state of bear-trend for almost a year, i'm trying to find another usage of my eth and btc except hodling. do you know any real working crypto-marketplaces? probably it's not a bad option and i would find something really worthful to buy without any doubts of being scammed. kindly waiting for your feedback
Try visit goods section https://bitcointalk.org/index.php?board=51.0 and some child board from that section. You can buy something with your coins there, remember to use escrow for your safety. Perfect, you also need to give the services section link for the people who wish to render the service by paying cryptocurrencies. Services section https://bitcointalk.org/index.php?board=52.0There is special set of escrows available on this forum, please check such list and use such escrows to have the safe trade on bitcointalk. I suggest to use Blank4code, SebestianJU and Ognasty. Those people can really be trusted as they are belong to the most trusted member at this forum. And besides, their fees are very considerable which a lot of members in here hired them already. @OP feel free to contact them through PM or reach them in telegram. |
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