Beginner's should always set day trading price targets before jumping in, if you're buying a long position decide in advance how much profit is acceptable as well as a stop loss level if the trade turns against you, then stick by your decisios, this limits your potential loss and keeps you from overly greed if price spikes to an untenable level.
Trading is the most profitable business in the world not only in cryptocurrency but in every business in the world. But it is important that trader should be expert otherwise he will lose all his money. Getting experience and skills are the basics for day trading. You should also have the patience and courage to bear the loss in trading. Giving time to study the market will make you perfect in short time. You can go for long term and short term trading either or both. These two are different from one another and amazing in their own kind. The thing is what your interest is. If someone is interested in earning profit in short term, day trading is best for him. But in other case if he wants to earn big profit and not interested in timings, then yes, holding is best than everything. So choose wisely.
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The capital is too small, it will just eat up all your money when doing transactions in exchange, before, that amount of money is enough for starting capital but today is different, bitcoin's price continues to move up.
For your question, watch some videos in youtube to familiarize yourself betweeng buying and selling, educate yourself on how to read candle sticks (technical analysis) this is very important, ask some question here in the forum some very good trader here are giving their best to answers your question just be specific.
Other than the amount of money which you have for the sake of trading, there are certain other things as well which makes the difference and that you need to be very good in terms of knowledge and the information regarding the things related to that of the crypto currencies which can then help you in making the right decision at the end. Do not invest more than what you can afford to lose and invest wisely.
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For many people crypto provides an opportunity to generate wealth and provide job opportunities. But many people are not aware that crypto is also at high risk of loss. The only reason because of which the crypto market is gaining this much of the fame and popularity in the entire world is the nature of the crypto currencies and the way they are helping so many people in making of a huge amount of money. This is just the start and that we can really hope that the future of the entire crypto market will be much brighter and the ones who are there in the crypto market will be much richer.
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I have 7k$ to invest for 2018, I'm looking for the next big potential (as everyone I believe ). Need your best suggestions ! I looking for POWR and ARK, but maybe you have a better opportunities ? I think the best option for you right now is to diversify your investment between various coins to minimize the risks and to maximize your profits in the long run. I would recommend to invest 50 percent of your capital in Bitcoin as it is the master of all crypto out there. I would suggest you to invest 20 percent of your capital in ethereum as it is currently the most used platform for hosting ICOs. You should buy CIVIC, VERGE and CRYPTERIUM from the rest 30 percent as these coins have alot of potential to grow. Well, if would suggest to go for bitcoin and if that is not possible, only then diversify his investment. Why if preferred spending in bitcoin because this coin alone can bring more profits than any other coin. Diversification has its own pros and cons, it is best when a person is planning to be a trader. However, the work load increase with an increase in the number of coins. Now he has to look for all the coins which is very tedious.
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Long-term investment helps us save time. We can do daily tasks and when we wait a long time we can access the internet and see the prices of the coins we have bought.
There are so many people who are investing their money into the crypto currencies and that along with it, they have so many other things to deal with as well. So, they find holding of the crypto coins for longer time to be much better and more suitable option for them as it then helps them in having more earning and that too while doing other side businesses as well which then adds up to the overall income.
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I think rank does not significantly influence, I prefer to experience and trust manager, some of the previous project he ever hold can also be for reference
For me, the experience and confidence in the bounty manager are also key factors. The account rank is a secondary factor, which almost does not affect anything. The experience of the manager is crucial. There are so many important factors which matter a lot when it comes to that of the making of money while participating in any of the bounty campaign is concerned. Rank does matter as the amount of earning which you will be having because of the bounty campaign greatly depends on your rank and that you can only get higher ranks by putting in the best of your efforts.
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Bitcoin and Efirium will raise the crypto-currency market to $ 500 billion
High trading volumes at Bitcoin and Etherium, the two most valuable crypto-currencies in the world market, led to the fact that the crypto-currency market overcame the capitalization of $ 450 billion and, based on the current trend, it is likely that the market will overcome the 0.5 trillion mark dollars during May.
The etheric rose by 11% Ether, grew by more than 11 percent against the US dollar and 6 percent against bitcoin. The market estimate of the air has increased to 79 billion dollars and in the next 24 hours will overcome 80 billion.
Yeah Efirium is the best. Billions and billions and billions. I also have high expectation from bitcoin. It is the most trustworthy coin when it comes to making profits out of investments. This coin has laid the foundation of whole digital market and helped it to grow. Most of the crypto investors are bitcoiners. It can increase the total market cap reasonably but if have to rely on ethereum in this matter, it would be just a bit stupid of me because it is not a fast growing coin.
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I think Im trading at electronic wallet or blockchain market because as of now they are one of the best in trading that I know and aside from that they are reliable and trustworthy enough to less worries about the possible conflict or struggle.
I think that in some cases you can also use mobile applications that will give you access to your sales outlets from anywhere. And also this is a very good opportunity Far from the computer. Now a day, cell phones have preference over computers of laptops. Tabs and smart phones are more easy to use and carry, so apps that give you access to your wallets and other trading sites or exchanges are worth using on cell phones. I personally don’t like carrying laptop with me all the time and I am a big fan of cell phones that can provide me all at the same time in just one device. My vote is for phones.
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Well it can but it will take years for an ETH to reach the value of BTC. Ethereum like bitcoin seen with a bright future ahead.
This is a hypothetical statement and I am not ready to buy ETH will cross or reach Bitcoin. There is no competitor for Bitcoin in the market. This is a fact whole heartedly accepted and cognized by one of the most famous the Boss of Internet. Speaking further, Bitcoin has a huge demand in the market that is only in 2017, there were more than 12million BTC wallets in the blockchain but ETH is only 1.2million means almost nine times less than BTC.
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The risk is great and the newcomers must take the coins at a lower rate.
Investing in low rate coins is good cause there are more possibilities that this coin will pump lot more than any other "big" coin in short time, so taking risk could sometimes be profitable. Not so, in my opinion, the potential project and good management team will be the deciding factor for higher altcoin price. Not only depend on low prices and then they rise higher. That is probably a false thought, be careful in the Crypto market. This could have been a possibility if we were in 2010 or 2011 when the digital market was like a new born baby. But now there are some coins that have grabbed attention of all investors and no one is ready to spend in new projects or coins while they have the opportunity to go with the potential ones. Everything depends on the number of investors and all low value coins lack it. If someone is serious about getting rich, he must be willing to spend some big amounts too.
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I don't think that anything should replace Bitcoin. Bitcoin is the leader of crypto and the flagman for the whole industry IMO.
I do not think there is any coin to replace the BTC in the future, I believe the BTC is the king of the Crypto market forever, even if the market is falling, BTC is still a coin occupied. By the end of 2018, BTC prices will rise more than $ 50,000. I believe this will happen. What can really beat bitcoin when all of the altcoin world depends on this single digital asset? It is pretty fine with me if no one is going to believe in my words but this does not change the truth and the simple plus most obvious truth of digital market is that it entirely depends on bitcoin. Like we have recently seen, when bitcoin was at its peak, the market cap was also at its peak and most altcoins were doing the same.
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would not it be much better to stay with the old coins as they have proved us how beneficial investing in them can be. You must have heard about Central Scam. It was also thought to be an amazing coin but what happened afterwards. In am not calling your pick as some fraud but there is also huge competition in the market and the chances of any new crypto coin to gain huge trust and investment is very tough. Investors go with the old ones.
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Today, many of us do not understand how much bitcoin can actually cost. Do not forget that there are only 20 million.
According to Bitcoin market now the Bitcoin price is 8200$ but we don't know how much Bitcoin price is going to be in future. Yes, everyone knows about the total supply of Bitcoin, but still, it is the right choice for people to buy the Bitcoin at the dips. If we take out sometime and look at the graph of the market value of the bitcoin in the last year, then we will get to know that the market value of bitcoin was once 20k $ as well and that there are likely chances that similar kind of thing will also happen in the coming days. Buying of the bitcoin at this rate is no doubt a very good option and that it will surely help you in having some huge profit at the end.
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I am interested to see what people are actually saying about Privacycoins. Not specifically talking about their value but the project itself Privacy coins are the real deal and are going to be more and more popular. People will soon learn it by the hard way. Several coins are focusing on privacy these days and will be in the Top 30 when people will figure how they really need it. Two projects I like and follow currently: Zencash
ZenCash is the most resilient and censorship resistant privacy cryptocurrency blockchain and privacy coin. Our users can perform both private and anonymous, untraceable transactions. Powered by our Secure Nodes technology, our network traffic cannot be recognized and therefore cannot be blocked. https://zencash.com/What I like about Zencash is the fact this cryptocurrency is more than a crypto (ZenChat, ZenMedia,Zencash,Zenhide) and the community is awesome and helpful CloakcoinCloak provides a fast, fully private, secure, untraceable and user friendly transaction system with guaranteed fungibilty operating 100% decentralized on low-cost consumer hardware with very little energy consumption What I like about Cloak is the team motivation, since 2014 the coin is still alive and the team keep to have the same motivation, Verge
=>LOL and on the top of that I find the community pretty arrogant, the only strong point is their communication, but that doesn't fulfill what people are looking Monero Old school (with security flaws?) According to me, the best privacy coins in the market are ZCASH and PIVX. Both of these coins hold great potential and are highly secure and private. Information of transactions done through these coins is nearly impossible to get. Moreover these coins aren’t much popular yet and therefore hold low market cap value which means early investment is still possible and more profit can be earned considering long term holding. And verge according to me is just a hollow coins that shows itself as great on outside but is nothing much inside.
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Don't be bother by the red mark since the mark is changing from red to green and green to red, that's why we monitor it to pinpoint when to sell our coins and when to buy more... This is like a I'll so sniping the target if your a sniper, don't shoot if the target is moving as shoot when it stop.... Something like this...
Right now, the crypto market has started turning green and that it is no longer red. The current situation of the crypto market is not that much good as it needs to be and that it still needs a lot of improvement but even then, it is not letting the investors to lose hope and that all the investors are continuously holding their coins as they know that the market value of the crypto coins will rise higher.
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Currently, if prices are stable Alcoin I do not see any altcoin is stable at all. They are always fluctuating according to the price of BTC, and they are very sensitive by the market. If altcoin prices are stable, the Crypto market will no longer attract more investors. I don’t think so that you will ever find any of the crypto coin with the stable market value as all the crypto coins are well unowned because of their volatile nature and that because their market values keep on changing most of the time. all the altcoins are experiencing similar kind of behavior and that their market values are constantly changing and that there is no stability in them.
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If this kind of thing will still be the same after 5-10 years despite of having many holder and transaction each day then it can surpass ETH in everything., but during the process it become slow then it will be under ETH still.
I am also of the opinion that waves lack the strength required for defeating ethereum. It is much better for waves to not even try because with the passage of time both coins will become more worthy and the difference will remain the way it is now. Actually, there are coins which have more chances of taking throne from ETH and I honestly believe that soon, altcoins will be rules by some other Crypto coin like BCH or LTC.
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Etheruem is starting to have a mind of its own! BTC is struggling! Saying that BTC STILL has the potential to take this market to hell! If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune. Opinion only BUT a possibility!
It is neither supported nor liked by me BTC controlling the whole digital market but this is the truth. So far there are no symptoms of Eth getting independent. The whole digital market is still a naive one and needs a strong support. Now the scene is not many investors go other coins except BTC. This coin is cherished by thousands of rich people. Basically it is not even BTC that controls altcoins but the whales and no one can change this.
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I believe it's still Bitcoin itself, the crypto market is just an emerging market as of now so the trends will be who's the first to be established will be in the top for now. Obviously BTC will be the answer of the many people here for sure we all know that but for me i guess there will be the time that another coin will take over and will be the top crypto. Who knows but for sure there will be one i guarantee that.
Bitcoin was, is and will remain the king of digital market. No other coin has potential to take away throne from the most powerful and strongest crypto coin. It has the most cherishers from all over the world. Now that majority of altcoins which absolutely include the top ones too depend on bitcoin, how can they even think of defeating bitcoin? They won’t be able to survive for long without the mother of crypto currencies. It is the best of the best.
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If earlier I was sure of the prospects of this year, now I began to doubt.
The developed countries will never go against the blockchain technology and the concept of digital coins because they understand the importance of changes that occur from time to time. Anyone who fails to adapt them and realize it earlier suffers in future. Crypto currencies are the new face of money. Besides, these are far better than paper money in all aspects. I also hope that developing countries will understand this fact.
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