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10081  Economy / Economics / Re: What is your best investment strategy? on: December 30, 2016, 11:25:12 AM
The easiest way to gain profits with our investment is through bitcoin investments because many people from different parts of the country are keep attracting to the bitcoin daily, so future of the bitcoin investment will give you good returns, may be many experts are keep suggesting that the bitcoin price will increase year after year. Let's hope for the best.
for long-term investment in bitcoin will be very profitable, saw the potential of bitcoin is very high, many people began to be interested and then they use bitcoin, this certainly will be sustainable and create bitcoin have a bright future
It's always possible with bitcoin, long term investment is good with bitcoin because the price will increase as the demand increase. It started great this year where the price grow substantially, so this must continue to happen.
It's nearing $1,000 now so you are right, this will continue to happen of course, as an investor we must be optimistic with the future of bitcoin and there's no limit with the price now by continue pushing. It's all because of us that's why bitcoin has gone this far. For investors, it's not the end of the opportunity yet, we can still buy now as bitcoins will surely grow more.
Yes if most of us will continue to buy bitcoin even the price is high then it would results for the price to climb more and gives profit to us.
I think that after a few years maybe at least 3 years the price will grow even more like 2000$ or higher because we all know that every 4 years the halving will happen and it can create hype again and it will make the price to get skyrocket again Grin.
Not just buying makes the price skyrocket but also the number of users using it on the internet, when investors look at the number of transactions made every day they get a good idea of how much bitcoin is a good investment and how much it has a large user base, but as for the strategy I think the short-term investment works really well.
10082  Economy / Service Discussion / Re: How reputable is oxbtc.com for investments? on: December 30, 2016, 07:22:18 AM
I would not trust any  cloud mining service, they are just a big scam the total amount of money you put it in and the profit that you get is just not worth the time for it, and why would you give your money for someone that may or may not provide you with something, he just can easily run a way with it.
10083  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: December 29, 2016, 09:02:30 PM
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.

I agree, no pain no gain. If you won't experience lose then you won't learn anything. Making mistake like losing can be acceptable once or twice because it taughts us a lesson so we will do better next time. If you won't make mistake you won't grow. You won't develop your skills in trading. Or other skills you have.
The one thing that is best about bitcoin is that it is forgiving , don’t be afraid to lose some because bitcoin has a rising value so the amount that you spend comes back whenever the price goes up , and losing is a part of earning the ropes , not just in the bitcoin but also in the real world , so never be afraid to try .
10084  Bitcoin / Bitcoin Discussion / Re: Satoshi and Bitcoin value on: December 29, 2016, 08:31:33 PM
Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?

Satoshi is like John Cena, no one can see him (practical joke). I think satoshi is dead, and if he is alive, he is on detain by the government. For experimental reason (how he manage to create bitcoin?, how bitcoin got famous outside his country? etc..) And also if he is alive and not detain by the government. I think he change his name or Satoshi is just an Alias for his name.
I think that Satoshi is alive but he does not want to show himself because he is waiting for the right moment to do so , a moment when everyone is using bitcoin, and just thoughts I think that he is a Chinese and he is running a secret bitcoin mining company, because bitcoin is so popular in china it only makes scene that he lives there.
10085  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: December 29, 2016, 08:18:15 PM
My kids are young and still they dont understand  how money works but in few years i will teach them to how thing works with bitcoin and fiat

That's a good idea, everything has the right time to be taught which will be easily understandable. Same is with the kids, when they were interested into playing and other activities let them to explore. When they grow try to teach them, if not interested just leave. Everyone have different perspective on life. One should never be forced to follow particular thing.
I too think that bitcoin will be a very easy thing to explain to teen and children, because bitcoin is easy to use all you have to do is send money to an address, and using bitcoin is totally anonymous so you don’t need to have and id to use bitcoin, not only that but bitcoin is all about money and a lot of money and as far as I know teen always need money so making them use bitcoin can solve their problems.
10086  Bitcoin / Bitcoin Discussion / Re: 3 ways to grow more bitcoins and ways to lose it on: December 28, 2016, 09:08:20 PM
This is the 3 ways i know when you want to grow your bitcoins

* Trading
* Investment
* Investing in Lending

And this the 3 ways how to lose all your bitcoins

* Gambling
* Greedy decision on investing on ICO's
* HYIP Investment

Those 3 ways of growing and losing bitcoin is based on my experience and i hope that it can help you to make better decision on choosing where will you invest your bitcoins.
Gambling and trading should be considered as a mean of lose and growing bitcoin , they both have risks , but gambling has more risks then trading , the bigger the risk the bigger the wine ,  there is no fast way to getting rich , if you want bitcoin you have to work for it , learn a skill and offer your services for bitcoin , or join a signature campaign and work you rank up so you grow more bitcoin
10087  Economy / Trading Discussion / Re: How do I grow my btc? on: December 28, 2016, 08:56:41 PM
If trade is suggested then the earning of signature campaign is nothing. In signature campaign the earnings are limited and is not able that someone will live with the earnings from there but if someone will do trade then the earnings from there will be unlimited and the trader will be able to live with that earnings alone.
In fact trading is the best option for me, It is a fact that signature campaign can give you a little and limited income but if you invest your money in trading there you can earn unlimited money. As there are so many alt coins with good potential with respect to their prices.
10088  Economy / Trading Discussion / Re: LONG TERM BITCOIN BUYERS on: December 28, 2016, 08:45:32 PM
It will depend a lot of the Bitcoin price. If I bought for $500, when it hits $800 and I know the price won't be stable, I sell all, wait the price down again and buy more one time. If I know the price will be stable, I just hold for the next "flash" pump. This way it's possible to make a good profit, the currency volatility allows we to do it, it's amazing.
But I think it also depend on the amount of your investment.
If you have a good investment then you can buy bitcoin in any price and if the price does down still you will have no worry to sell it because you can afford to to buy more at lower price.
10089  Economy / Trading Discussion / Re: Mistakes in trading that lead to loss of money on: December 28, 2016, 08:19:25 PM
Another mistake is panic buying and panic selling. It's better to set up sell orders and buy orders based on a plan rather than just selling and buying on emotion.
It is very normal to panic when the price gets down, because we don't know much about the coin. We just bought it from ICO and then we are waiting for the price to rise, while we are supporting the coin .. we cannot really risk all the money by not selling when we see the price dropping.
Yeah but why you supported a coin when you did not had faith in your decision ?

I often panic myself too but the best way to overcome that panic is keep in touch with the group of investors, like there is always a skype group for each coin where they talk about the ups and downs of the coins and hence when you discuss with the fellow investors you often calm down.

But that also sometimes have a negative effect as you become over confident.
10090  Economy / Trading Discussion / Re: Do you always missed the right time to sell/buy bitcoin? on: December 28, 2016, 08:09:29 PM
those who are hard to identify buying and selling time Bitcoin advice alone, buy at any given time on a strong correction of prices down, and sit wait for the $ 2,000 and sell Bitcoin
You are right for new traders, they are hard to indentify buying and selling on right time, and usually for the real traders they have made planing the time for selling or buying bitcoin before they entry on the markets.
If they have made wrong prediction when buying bitcoin, they usually doing cut lost.
Everything had been planed before entry market include the time for buy or sell bitcoins.
To time your entry and exit points is the most difficult thing to do in trading as long as you are making profit then it means you are doing a good job, but like always we could do a better job and with it obtain more earnings.
I think no one can claim that he never missed the right time in trading, no one can be so much perfect.

For example, although I have a good experience in trading but still I never pick the right time to buy or sell bitcoin, in previous days I sold my bitcoin at 600 USD and now the price is trading  above 950 USD I really sold my bitcoin in wrong time.
10091  Economy / Trading Discussion / Re: What do you do when BTC shoots up? on: December 27, 2016, 07:17:51 PM
I'll do the holding bitcoin as long as possible. I know that the price of bitcoin will rise even higher.
do holding bitcoin need great patience, we are required to take the right decision and carefully.
Yeah and some people have a mentality that the maximum price is 1000$ and it would drop once it reaches that value, while its not truth at all.

Guys understand technically the bitcoins are limited in market and hence the price would just increase and increase only and the community is spreading plus a lot of coins are lost too, so the lesser the bitcoins are in the market and more the people, the higher would be the price of bitcoins.
10092  Economy / Economics / Re: The United States is in Worse Shape Financially Than Russia on: December 24, 2016, 06:32:02 PM
The united states live from their good reputation.
Although they have already been nearly insolvent a few times during the last years, the USA get negative real interest rates on government debt.
That means the market believes that there are no alternatives with sufficiently low risk.
Hopefully the market is not wrong.


The US credability will be lost soon and the US dollar will crash.
Will bitcoin also crash if dollar crash? most of bitcoin buying through fiat is done with dollar,if it crashes,there will be less buying
No. When the buying power of dollars is getting crashed out, interestingly bitcoin will get more power in term of buying capability. Usually dollar and gold are inverted connected so we can assume bitcoin too. When dollar will lose its value, bitcoin will gain.

Buying bitcoins using fiats has nothing to do with this by any means. (If dollar crashed out, we just need more dollars to buy one bitcoin.)
10093  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: December 24, 2016, 06:12:49 PM
The possibility of bitcoin to never sell it is when it becomes the official legal tender. But as long as it is backed up by dollars it can never happen. Only an independent bitcoin can that possibility happen.
I do not think so. Just high price levels for bitcoin will be more than enough for not needed to selling bitcoins to get the benefits of them. Getting legalized nor being independent not relevant to this in my opinion.

Not selling means we are going to "use". When everything will be available for bitcoin, we can use bitcoins directly.

When will everything be available for bitcoin ? Once bitcoin hits mainstream of adoption.
10094  Economy / Economics / Re: Successful bitcoin entrepreneurs? on: December 24, 2016, 06:05:32 PM
Seems more interesting and useful discussion. Honestly I am not earning 0.5 bitcoins for a month as I'm not doing with bitcoins for full times. I guess only for the full timers it would be possible to earn that much big amount monthly. Hopefully someone will share any working idea here for me too.
10095  Economy / Service Discussion / Re: Where i can buy physical gold for bitcoin ? on: December 24, 2016, 04:57:17 PM
Surprisingly no one has suggested bitstamp's physical gold delivery option. They are providing this services for almost last one year. Love to hear from those who have actually benefited from this services. You can check here for for more information on this : https://www.bitstamp.net/article/bitstamp-adds-physical-gold-delivery
10096  Economy / Service Discussion / Re: Is investing in mining still worth it? on: December 24, 2016, 01:41:26 PM
Right now, I'm planning to invest more or less $100 in HashNest since I've used their services before, but on a very very small scale.

$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.

Now if you have money or BTC , you can buy some mining machine for BTC . Don't invest into any cloudmining site. it wastes your time and losing your money.
Instead of buying mining machines why not be just buy bitcoins in this rally toward $1000 price levels, for some quick assured profits. I guess the cloud mining days are gone and to mine alt coins we need to consider many factors. So, instead of investing in mining, I like to stick within investing in bitcoins itself.
10097  Economy / Trading Discussion / Re: Do you always missed the right time to sell/buy bitcoin? on: December 24, 2016, 01:19:24 PM
I sold some Bitcoin below 800 and now wish I hadn't. I didn't expect the price to jump so high this quickly but it could drop back down.

Now it might be a real treat for you, it is not unexpected happening. Since the past year too gave the same price increase during the days close to year end I have planned to hold the bitcoin till the falling year start. I believe I won't miss the current peak.
bitcoin always gives you a surprising things, and now everyone missed a moment to buy bitcoin.
a couple days ago bitcoin price was still around $750 indeed , but now it is $866!
everyone missed $116 profit just within two days, so do i Sad
These types of surprises are common even in my commodity trading and unfortunately bitcoin trading gives these surprises more often. I guess if we start regret for this $116, then we may happen to face another $200 missing in bitcoin's next rally.

Missing out an opportunity is most common in any trading and it may occur more often in bitcoin trading but we need not to bother them for a sake of moving forward.
10098  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: December 24, 2016, 01:04:21 PM
The best time is if you have the capital investment, you know the basic, the do's / don't and that's all about it. You're on your way of becoming well seasoned trader.
depend on the type of trade the op is talking about. Buy a particular coin such as bitcoin, you we need to study price action. You should always buy at a lowest price possible and sell at a highest price possible.
But platform based a steady must be less than 20% of our skill development for a better trading and the remaining 80% must the same across any type of trading.

To trade bitcoin we must have some in-depth knowledge about its price swing patterns. But that alone will not get you the best time to trade, a strong skill on price predicting capability must decide the best time to be trader.
10099  Economy / Trading Discussion / Re: Trading robots - wrong assumptions made by beginners. on: December 24, 2016, 12:45:54 PM
In my experience, trading bots which are suggesting the price levels to enter and exit are good instead of doing actual trading for ourselves. Yes, we need to pick the best suggestions made by bots based on our other researches and analysis.

The mix of manual trading and bot trading might give us some excellent results.
10100  Economy / Trading Discussion / Re: Which trading method is better? on: December 24, 2016, 12:40:48 PM
Hit and run. Even if you win for just a small amount then it is better than losing in the long run for waiting too much. A long shot investment would be those whom you could really trust but those new coins that have been popping out you better be careful. Once you win then get out.

for now situation, hit and run is the best option because if we hold for a longer time, then the price will down and up without we can predict. beside that, better we have small profit but for 10 times rather than we have big profit but in one times.
It must be purely based on your skill about predicting the price movements.

If you are capable of predicting accurately then you can try 10 times rather than hold for long period for a big targets. Usually when you're trying multiple times the chances for losses will be more. I prefer to hold for long period and that must be the best trading method for me.
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