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121  Economy / Economics / Re: Investment in Bitcoin vs Investment in Education? on: July 22, 2018, 01:01:09 AM
Education still the best investment in our life because if we have a good education we easy find a job and start on earning money.
Also we can invest in bitcoin if your in schooling, you can study on how to work in bitcoin while your school or in your job.

In my own opinion, investment in bitcoins and education are both necessary for us in order to be successful in the future and that is the reason why you should always work at what you love in order to succeed in life.
122  Economy / Economics / Re: Making crypto succeed in the real world? on: July 22, 2018, 12:57:37 AM
The struggle is with the government at this stage and we must over come that struggle.

Cryptocurrency will not succeed on the entire world but in some countries only because not all the governments are agreeing for their people to use cryptocurrency.
123  Economy / Economics / Re: Does money make you rich? on: July 22, 2018, 12:56:47 AM
To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money

For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.
RICH = lot of money is why someone is called rich. but on the other hand there is a word rich but not rich with money but rich with happy to gather with family. and actually rich with money alone is not enough we also need time to be happy with our family. because without our family will not be able to get rich, family is our encouragement to success and rich.

In my own opinion, money will only make you rich if you are going to start your own business which will increase your income monthly.
124  Economy / Trading Discussion / Re: When will the bull market start? on: July 20, 2018, 05:40:14 AM
I have been observing the market for sometime now and I also notice that many YouTube/Telegram channels I subscribed to are giving the the buy signal for the cryptomarket. I have some spare dollars I wanna put into the market especially in altcoins. So just wanna know what your thoughts are.  Is is time for traders to be bullish and can you predict a date you think it's gonna begin?

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The market is volatile so no one will be able to determine when the bullish market will start again but as of now, the market price is starting to grow again due to some positive speculations for the market.
125  Economy / Trading Discussion / Re: Learning Crypto trading as a beginner on: July 20, 2018, 05:32:58 AM
So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and  selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If  you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.



Learning cryptocurrency trading as a beginner is tough because you will always feel the heat in the market every time the market price is dumping and your only way to avoid losing your coins is to bear the market's down time.
126  Economy / Trading Discussion / Re: Who believes in HODLING? on: July 20, 2018, 05:28:37 AM
Hello people!

Was looking at CMC and was wondering few years down the line what we will be able to see in this list and how long it will be?

Reality is we are very early in this industry and the pace at which projects are coming up and the technology is changing does anyone believe in HODLING cryptos anything other than Bitcoin and Ethereum?

I feel it's a buzz word used to create a FOMO effect

Most of the people will sell or hold their coins depending on the market's situation but the best thing is just to hold your coins since you will not lose your coins and you can still wait for the price to grow even more.
127  Economy / Trading Discussion / Re: Day trade Vs HODL on: July 20, 2018, 05:27:06 AM
What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner

I prefer day trading because in this way i can earn more profit depending on the situation in the market more than holding a coin which has no assurance if the price will grow since the market is volatile.
128  Economy / Trading Discussion / Re: Be calm when the market falls on: July 20, 2018, 05:25:44 AM
One strategy that works best in times of fall in the market is to remain calm, and not allow yourself to be blown by panic. Just hold the tokens with large caps and even if possible, buy more tokens and hold. For some coins like Bitcoin and Ethereum, it is always certain that whenever there is a fall, there is definitely going to be a rise.

What will you do when the market falls?


Being calm when the market price is dropping is the best thing you can do because most of the traders are actually panicking or cannot handle the heat and from there they sell their coins at the lowest place which makes the price to drop even more.
129  Economy / Trading Discussion / Re: What's your recommended crypto allocation? on: July 20, 2018, 05:14:55 AM
Hi all,
the recent bloodbath pushed me to start investing in the crypto market. My current position is approx. 33% BTC/ETH/EOS. What would be your recommendation for a balanced crypto portfolio for the next 6-12 months?
Thanks!

Investing on ethereum coins is also profitable because it was the second currency that has actually a very good potential in the market so you can also invest on this coin that has the chance to replace bitcoins in the future.
130  Economy / Trading Discussion / Re: what do you think about pump and dump? on: July 20, 2018, 05:09:11 AM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

Pumping and dumping is always depending on the people in the market price and that is the reason why traders are always taking advantage of the volatility in order to earn more profit that can be used on their daily needs.
131  Economy / Trading Discussion / Re: Should I buy the current ICO? on: July 20, 2018, 05:05:29 AM
When the market in the uptrend of ICOs after the listing on the stock market has increased sharply, however, the ICO market is quite bleak. Currently, I do not buy ICO anymore because there are too many risks and I just joined the buy when it went to the floor, the profit may be less but the risk is reduced.How do you think about this problem?

Investing on those ico's today is very dangerous because there are a lot of scammer developers today, so you should always study the white paper and their platform before investing a huge amount.
132  Economy / Trading Discussion / Re: What about your trade? on: July 20, 2018, 05:02:22 AM
I found lot of traders who bought a special coin from many exchange site. Then few months they go for sleep and wake up after 5 years. So now what about your trade?

I prefer to become a daily trader because in this way i can earn more profit since holding the coin for a very long time is not assured that you will earn a huge amount of profit because the market prices are volatile.
133  Economy / Trading Discussion / Re: Trust you trading experience and don't panic on: July 20, 2018, 04:56:10 AM
We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

I do agree on that, there are a lot of people in the market who are really good in trading and they did not care even thought the market prices are dumping because they already knew that the prices will still be going back to normal.
134  Economy / Trading Discussion / Re: how often do you check BTC price and how to cope with stress? on: July 20, 2018, 04:51:13 AM
how often do you check BTC price and how to cope with stress associated with this?  I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?

PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.  

Thanks,
Mike

Checking the price of the market prices will always be depending how you earn your cryptocurrency, if you are daily trader then you need to check it always but for me, i hold coins and waiting for the price to grow because i have a day job.
135  Economy / Trading Discussion / Re: Earning with BTCs? on: July 20, 2018, 04:48:13 AM
Hello, I have about 3 BTCs that I would like to earn a little bit off of...I tried BTCjam and most lenders didnt pay back, so I made negative there..

I dont know trading so I dont know how that would be... any other ideas? Smiley

Trading is actually difficult but do not go to a gambling website because you will only lose your coins so i highly prefer that you cash out your coins when the market price pumps up.
136  Economy / Trading Discussion / Re: Does holding long term can be worthy despite of unpredictable market? on: July 20, 2018, 04:46:45 AM
I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

Holding a coin for a very long time will not give you an assurance to earn profit because the market price is profitable so its better to have a stable job while waiting for the price of your coins to grow.
137  Economy / Trading Discussion / Re: The pump and dump tactic on: July 20, 2018, 03:43:35 AM
As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 

They can only manipulate the market price by just creating a fake news or if there is a celebrity who is creating a negative speculation from market but aside from that, they will not be able to manipulate the market price since it was based on supply and demand.
138  Economy / Trading Discussion / Re: Do you trade for money or emotional satisfaction? on: July 20, 2018, 03:38:56 AM
Both are important for me. There are plenty of easier ways to make money, but I like games. And what is the better game than to test your ability to analyze when something real is at stake? Not to mention this feeling when you're not completely sure in coin until it starts going up?

I trade for money because the cost of living right now is getting even more expensive but with cryptocurrency you can always earn profit depending on how long you are staying in the market.
139  Economy / Trading Discussion / Re: What Motivates you to Invest in Cryptocurrency? on: July 20, 2018, 03:32:11 AM
I trade because I believe in crypto currencies. I think the future of the entire crypto currency market is a promising and its overall capitalization will grow, therefore I wish to earn good coins that will be more expensive later. Of course, the primary difference between the stock markets and the crypto currency markets is volatility, so a smart or lucky trader can get huge profits here.

Everyone who are expecting to become very wealthy in the future when the market prices are pumping up again so i think that every people has the same reason why they are in this industry.
140  Economy / Trading Discussion / Re: The best time to take profit in Trading on: July 20, 2018, 03:30:42 AM
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.

The best time to take profit in trading is obviously every time the market prices are down because in this way you can hoard a huge amount of coins.
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