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Can anyone please explain to me what exactly is day trading.
I saw in a lot of posts I'm which people mentioned about day trading.
Is it as simple as it sounds?
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I would suggest to buy Bitcoin for 450$, altcoins for 50$ and keep 400$ Bitcoin and all altcoins in wallet. Take 50$ for ICOs and don't waste your money for daytrading.
What would be the right time to buy? Which altcoins should I buy? What is day trading? Thank you for your suggestion sir |
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According to me bitcoin would always be preferred over any other altcoins as it has great versatility and can be used in various places unlike many altcoins whose market are unstable and are not accepted as widely as bitcoins
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Assuming I can gather 500$ a week from here and there,how much exactly should I invest.
I'm not that greedy and there is no time constraint.
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According to me coinbase has a good chance given that bitcon doesn't crash suddenly and steadily grows and is accepted in majority of the countries.
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I work a full-time job, so my % is probably lower than normal. I can average about 1%-2% daily with my trades, but I feel rushed sometimes and I know I miss out on really good deals but you take what you can get.
Of course it would be difficult managing a full time job alongside trading and wanting to be highly successful in trading too. Its true you would miss some really good opportunities but still keep going on |
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According to me the target that you have set for 3 BTC is just too much even if bitcoin right now is having a tremendous success.
Its not entirely impossible unless you invest in some other altcoin simultaneously.
Your current goal may take some years at this rate
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I lend my bitcoins and am paid an interest, though it was not much there was no risk and no time/effort required.
Does lending come under trading?
What are the best sites to lend your bitcoins?
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Is all the price going up ad down because of bitcoin fork?
Will it affect our trading?
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According to me in recent times trading has turned out to be a profit for most of the people.
For me it got way better after rise in such price.
I was worried that I bought btc when it was so high but I don't regret it at all.
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Bitcoin was predicted to reach 10k$ by the end of the year but has already reached 11k$ almost
Till what price would it rise?would there be any fall now?
Do I hold or buy?
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Under what circumstances is trading preferred over holding?
Btc reaching 10k$ way before new year is a big shock,your opinions would be very helpful.
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What to do when prices are rising,assuming you have some investment in cash and some in the form of btc and other Cryptos(which are not having much of a good time)
P.s.-holding is not an option.
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For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?
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We all know that most of the illegal transactions take place through bitcoins as it cannot be tracked.
But I read in some websites that many intelligence agencies have started to find a method and have had significant progress.
Is it true?would our trading be at risk as many of us earn a lot and don't pay any tax to the government.
It is only true if you don't know how to use your bitcoin anonymously. Bitcoin can be tracked if you know who owns the bitcoin address because you can see where the coins are sent and where the coins are cashed out into fiat. Usually cashing out to fiat is where people get caught. However, if you use bitcoin mixers where your coins will be spread across different addresses, you can add a layer of anonymity and safely cash out without knowing where your coins came from. By using bitcoin mixer would it take more transaction fee?is there any VPN type service which can hide or show a wrong bitcoin adress? and thanks for your suggestion . |
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We all know that most of the illegal transactions take place through bitcoins as it cannot be tracked.
But I read in some websites that many intelligence agencies have started to find a method and have had significant progress.
Is it true?would our trading be at risk as many of us earn a lot and don't pay any tax to the government.
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Omg I just checked on the price and it suddenly took a leap from 8.8k to 9.3k$.
People predicted it would reach 10k$ by year end ,what are your predictions ,any new trading strategy you have come up with?
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According to me the best coin currently would be bitcoin of cpurse.it has a lot of investors and an active market so there is no chance of it dying down for now.
Also we have more information available on bitcoins than other Cryptos which is helpful.
Apart from btc,ethereum would also be a good investment.
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According to me this question cannot be answered by anyone.
Why is btc going up so fast ?that's not someone can answer that easily and even if someone answers no one knows how accurate it is.
It was predicted to reach 10000$ by year end and it probably is following that.
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According to me the fall/dip in bitcoin prices have always just been temporary in the past 6 months and after the dip its value at least increases by 1000$.
So if the prices fall down I would advise you to buy some and keep them as I have done it thrice and always have ended up with a significant profit.
This is only applicable for bitcoin as I have not monitored other Cryptos.
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