Wow seems like a lot of people are interested in the scalping method. For me, that’s really the best method to use and I have never used any other method apart from that. With scalping you just hold a position for a short-term and come out with a small profit.

If you continue with it by the end of the day you will have a huge amount of profit  this is a good thread and will help those interested in using this method. By the way, I came across this post while making a research on Google, you guys might like to check it out–

https://admiralmarkets.com/education/articles/forex-strategy/forex-1-minute-scalping-strategy-explained

It is always too early and we can not say something about future accurately as we get the actual value in future different from the predicted value. Do not waste your time in predicting the market as it is unstable and you will not predict it correctly so better you focus on your investment and try to spread in other sources as well because it is always a good idea to spread your money in multiple sources.

Of course it is the most important thing that can give you an edge over those people who are impatient and who make decision out of market panic. This is the reason majority of them sell when the market is down and loose their money.

However there is no such benefit behind selling your coins when you are unable to earn some margin. It reminds me of the liquidity trap concept from the monetary economics.

It is good for those who have already invested and built a specific amount of wealth because it will provide additional security to their investment but those who have not invested and are looking forward to invest in the cryptocurrency do not like it and fear it because of the fact that they will loose the money.

It will be a bit hard for them to meet the obligations the government will implement which were not a problem from those who had invested earlier.

That is exactly how the case would be in future. This cryptocurrency will enter almost all the walks of life where we would need instant transaction of goods and services.

As the European countries are continuously adapting Bitcoin as their medium of exchange in their leading industries, cryptocurrency central bank will be made in Venezuela and the technology has already been extended to Philippines which show the urgency and need of cryptocurrency for the current world and for future.

The rsi supposely shows that bitcoin is on the verge of a big huge jump so that makes me really happy and when bitcoin goes up altcoins follow. Not when it goes up like couple hundred dollars because when that happens altcoins lose bitcoin value (even tho they stay same on dollar value) so I think when bitcoin goes up like 10k or 12k levels that will result with altcoins following it and even going further.

Making bitcoin go from 7 thousand dollars to 12 thousand dollars require insanely high amount of dollars to achieve however making some small coin like nano to go over to 10 dollars is not that hard because of the volume involved in the currency, so we will see an insane market growth very soon.

Yes that’s true, most of the bounties are scam and no need to ask why or what they are gaining from it, it’s a scam and it’s all about stealing money from people. I once read a post that they have been able to raise millions through scam ICOs.

So if you are investing in any ICO you have to be very careful and ask questions if in case you don’t know what you are doing. I have taken from that, though I have never been scammed in it but I just think I need to take a break please., I do whatever my mind tells me.

This is not something new when a market is in a bearish condition and what makes it bearish is that there are more people willing to sell than those willing to buy and I have not seen a condition in the market that would favor more buy ins as the case may be presently.

Hopefully, we may get to see some little bit of upraise in the market in a short while and see more money get into the market, but like you said, it is too early to start anticipating for a positive growth in the market.

Plan! That is usually the best word for it and this is where budget comes in. First of all, discipline is required to be able to save money which is where making it a habit comes in.

A lot of people with their imprudent lifestyle may always find it hard to save no matter what until they learn to discipline themselves. As long as you are able to separate needs from wants, then you will be able to know how to manage your funds and be able to save a lot at the end.

You just need to understand that most of the people here are very crazy and they just say whatever that comes to their mind without thinking about it or the possibility of such a thing happening, they just think straight. Such a thing is not going to happen, it’s all about choices and Bitcoin is just an internet money and if you want to make use of Bitcoin it’s just your choice… if you decide you need fiat, then go for it.

What you stated at first is one of the major issues why the market is the way it is and the main reason why it is more of a speculative asset than a currency with real life usage. Virtually, every new investor is greedy and looking for ways to get rich overnight, forgetting there is a process to everything.

Because of this mindset, they obviously will not even consider getting to know the risk aspect like you said, and all they will ever care about is calling and expecting the moon like the market should just perform some magic.

I know that Bitcoin will grow in the next few years to come but not as you have described it, I’ don’t even know why most of you all are fond of exaggerating stuffs like this.

Conventional currencies will continue be the main thing, or haven’t you heard of the QR Payment which let’s you scan a barcode with your bank mobile app and make payments quickly? There are lots of stores that has it these days, and there are also POS. The only way bitcoin is taking over is in the internet, people will only be interested in using Bitcoin on the internet, because it is internet money.

You just hit another good point. Some government might be kicking against it because they think it is very risky and people might be losing their money through it.

But bitcoin is not the only risky thing there, it’s an investment and they should all know that investment has risks involved so anyone that is investing their money in it should be aware of that. Though another I have seen a lot of people complain about is the manipulation in Bitcoin, whales are now using it as an opportunity.

Lol that’s another why some people are Hodling, because they don’t know what other things to do. When I was a newbie all I did mostly was Hodl cause I don’t really know how the crypto trading works, but after sometime of getting knowledge on how it works I decided to go for it, and ever since then I have been making some little daily profits from it, I don’t have to rely on Hodl and wait all the time for when the price if bitcoin will rise.

Yes you’re right, it’s just a matter of time and it will turn up and when that happens it will take so many people by surprise. I believe this is the lowest it’s getting to for this year, though let’s watch it in this coming month of September and see what happens next.

But I’m very sure that before this year ends there will be a very big change. I’m not letting happened to me before to happen again, so this time I’d rather invest and wait than wait for the price to start going up before investing.

I do not even see anything wrong with Ethereum personally except that we have a lot of noobs who simply were expecting the moon, but ended up starting to see the soils on the earth. So many people called moon at $1000 and some bought into it, so I do not expect seeing ETH below $300 not to generate so much noise.

All altcoins are down at the moment and trying to pick up, so depending on the side of the hot topic anyone wants to be sticking with, I would suggest being positive will make anyone see this present moment as a great opportunity.

A lot of people complain about the non-safety using cryptocurrencies, when I have seen banks folding up several times at least in my country with nothing to pay the account holders in such banks.

At least, this is one of the things, this space has been able to curtail as everyone simply will be able to have their own wallet which serves as a bank, do any transaction when they please without the banks over their shoulders or coming up with some policies that affect spending.

With the look of things, this sounds more like the normal garbage and has nothing to do with cryptocurrency at large. Garbage is not that useless as recycling them can even generate something useful. I have seen garbage being useful for many forms and I have seen a lot being sorted and recycled into what can be useful for the same purpose or different purposes.

However, if we are to be relating this with the crypto world, we all know in this space, garbage which I would refer to as shitcoins are not worth tampering with but one way or the other, as shitty as they are, they have also been serving their own usefulness.

My friend was advising me to buy a lot of them at the price of $6,100 around last two weeks or so and I’m still thinking about that, may be I am really going to go for that cause it seems like the lowest the price of BTC will ever go this year is $6000+ or maybe $5000+ and if you buy at such rate and let’s assume that before December the price of Bitcoin will get to $10,000 plus then it’s a huge profit.

Lol, what the op is trying to say is that instead of just Hodl’ing your coins there are other ways you can also make money, just like scalping method in trading and I he’s very much right.

Most of us here are fond of doing on HODL and it’s not really helping the community, because all we do is wait and once we get profit we take the money and run away… So let’s try to engage other processes/methods to earn and keep the crypto market going.