Bitcoin help me to have extra income and to have more time with my family.It help me to support all the daily needs and also because of bitcoin i have savings.
Crytpocurrency help me to stabilize my financial needs and in this way i can have more income that i can use for living and that is the reason why cryptocurrency should be legalize. |
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People believe bitcoin is backed by nothing. I think that is not the truth. I believe bitcoin is actually backed by people themselves. It is backed by none other than just you. We all witnessed the price has been fluctuating by all those FUDs and bad news. The price changes by emotion and non logical facts. I believe you hold bitcoin no matter what happened and would happen, and believe it is backed by all of us, it would make a history.  Yes, I agree with you. Bitcoin is backed by the people investing in it. The price of any cryptocurrency is highly influenced by the people holding it known as its community. This is truer in the case of Bitcoin. There are many cryptocurrencies being launched every day but Bitcoin is still ruling the cryptocurrency market. This is mainly because Bitcoin enjoys great support from its community. No matter how many times bitcoins will be announced as dead, bitcoins will still grow because the market prices are volatile so you can always assure that you will be earning profit depending on the season. |
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There's a advantage and disadvantage of having a small capital investment, the advantage of small capital is less painful if you got scammed and the disadvantage is small profit gained by your investment.
In my own opinion, small capital is a decent investment because trading is not about big investments and it will be depending on your strategy on how you are going to earn profit. |
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Almost everyone will say that their country is habing a financial crisis because we are having a global economic crisis. But i think crypto currency will be our oasis on that desert known as depression. It will not be affected or maybe affected by a little by the depression so our investments will still be solid.
Yes Every country is bound to experience a global crisis. I know that the crypto currency will be your oasis in the desert known as depression. But does the monetary crisis affect the price of Crypto in your country? All must be wondering. Market prices to date are unstable. In my own opinion, cryptocurrency is a very good help for a countries economy and it will not dealth a crisis on an economy because people who earn cryptocurrency can easily sustain their daily needs. |
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Sometimes many people try to manipulate the market and buy precious tokens cheap and selling high later.They intentionally cause fear and panic in the inexperienced members and take advantage to perpetrate their greed activities.
In my own opinion, that is called strategy, you should always take advantage of the market price while it was dumping in order to earn more profit in the future. |
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For me, personally no. Too much demand on BTC vs Altcoins. BTC is way more stable than any of the other Altcoins. I'm not saying it's not worth investing in Altcoins but BTC will stay on top. The fact that it was the first makes it very significant. The trust in Atlcoins by the people is low. Too many hyped coins that run away with peoples money.
Maybe it can happen but not that easy because bitcoin has gained a very huge amount of users and is the most trusted cryptocurrency ever existed. It would take a lot of trial and error for the new that can outdate bitcoin. Bitcoin holds the brandname of crypto so it is not easy but not impossible too we don’t know the new innovation of other coins. It must be good if it can outdate bitcoin. Actually, there is a possibility that bitcoins will be replaced someday because of different ico's that is launching every month in the market today and there might be one platform that is gonna surpass bitcoins in the future. |
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Everywhere you can find cryptocurrency topic especially ICO projects are doing well on the marketing through social media like facebook, twitter, reddit, linked, youtube and etc. Celebrities, influential individuals and high ranking government officials are talking about cryptocurrency and that is why i think cryptocurrency is a trending topic all over the world. Do you agree with me? Even haters help cryptocurrency to be known all over the world so let just leave the haters then.
Social media's today are always advertising different ico's so its normal for different cryptocurrency to be famous , most likely bitcoins which is the number one coin in the market. |
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I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?
The reason why the market price is pumping up every time bitcoins value is increasing is due to ethereum that is tether to bitcoins which affects the prices of all other cryptocurrency in the market. |
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
In my own opinion, spending your time earning cryptocurrency is very worthy because the market price for bitcoins is keep on increasing so you can actually earn more income more than working in the corporate world. |
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Swing trading is one of the best trading styles, a nice formation for the FNJN stock you can find on the daily chart.
FNJN Good intraday deal. The risk to return ratio is more than 1 to 20. NXPI
The VNE action showed a very fetal intraday accumulation, in which it was possible to gather a huge position with minimal risks. We saw very good orders for the purchase, very strong support in the chart. This shows a good probability for a profitable transaction. These situations are the most valuable since they allow you to take out trading for a good dynamics of profit growth.
In my own opinion, there is no best style in trading because the price is volatile since market is depending on supply and demand, this is the reason why being patient is the best thing you have. |
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Avoiding losing money is not something you can control , the market determines weather you win or lose and not understanding technical or fundamental analysis.
Its true that you cannot control losing money every time you trade because the market price is volatile so it was always good to study how the market works before investing a huge amount. |
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Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.
You can always invest on any market you are interested every time the cryptocurrency price is dropping and from there you can earn more profit depending on how much invest. |
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Day trade is good now, or is just when market is more unstable ?
Day trade is good if you are going for a full time because the market price is volatile so you will be earning more profit daily or monthly depending on when you plan's to cash out. |
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I think if bitcoin is going down at the range of seven thousand US dollar then the income or profit that the investors will be earn is in decrease state because of the changes of the value of it.
In my own opinion, it does not really matter because it only means that you can hoard more coins since it was cheaper and you will be earning more profit when the market starts to pump up again. |
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What would be a better move ? to keep most of my crypto in Exchanges as seems better option. as with the constant flows - green to reds etc.
in order to make gains or min loss, it seems best to trade a red one to green
eg as today i had lots of reds, but to min loss, i took some of my ETH and verge and traded into XRP which mooned and now my gains are way up
as i keep this crypto thing a constant watch.
What do you all suggest?
i use a Coinomi wallet that is connected to Changelly and SHapeshift
so i do exchanges there.
What do you all recommend?
i am thinking just a wallet for holding a currency for long term and no intention to trade out? just add to? thoughts
I prefer holding my coins in wallets because placing it into trading platforms are very dangerous since there are exchangers today that are actually stealing their investors coins when the market prices starts to pump up. |
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Hi, new to bitcoin, I invested some money into bitcoin mid June after seeing all the hype online, since investing it's dropped like 20% really not sure what to do now if I should sell up now take a 20% loss or hang onto it and hopefully it will go up again? But after reading the news looks like it's not going to go back up?
Sorry for sounding stupid just jumped into something I didn't no anything about.
Thanks
The best thing to do with your coins right now is to hold because the market price is still low or your can hoard more coins right now in order to earn more profit when the market goes back to normal. |
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You're right, and holding a coin is still the effective strategy for gaining profits in long term. Holding coins is very effective during market downtrend when their prices goes down and all you have to do is be patience wait for their price to go up again. Their price could go down further but if these coins you are holding are known to be potential then you don't have to worry because they will recover soon.
Holding your coins is the best thing you can do right now while the market prices are still dropping in order to avoid losing your investments because the market prices are volatile. |
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Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.
ricseb
You cannot stop your loss on trading but you can still get back the coins you have lost because you can still continue trading in order to multiply your coins. |
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Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
People are not afraid of cryptocurrency but they did not want to lose a huge amount of profit since bitcoins is very risky and that is the reason why some of them are just saying that it was a scam. |
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Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
There is no exact time when you should start trading because the prices will be always profitable as long as you wait for the price before you sell the coin. |
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