For me the best time is the month of august. The month which is the best time to buy stocks and sell it on the month of June. Haha. June is the month were stocks go up
I guess you have got confused few basics mate. The best month in my opinion to get into trading is July. In July, the prices are dumping and it is expected that they will be quite low before the Segwit. To start trading with low investments, it is golden chance. The end of August will be best time most probably to sell bitcoins because prices are expected to be really high then. Selling at that time can make you rich within short time. |
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What will happen after SEGWIT?
Most of us awaited eagerly for segwit to be activated from long time.I hope that after segwit,due to increase in block size,transaction fee would once again become very low and transactions would be confirmed very quickly.So more people would start using bitcoins and as a result of it,bitcoin price would increase. With this concept it is very easy to understand that what is going to happen after Segwit. Many of the users are freaked of the segwit thinking of something bad is gonna happen to the bitcoin. Maybe many of the people don’t understand what the segwit is meant to. I hope many people will get attracted toward the bitcoin after it and this will strengthen the bitcoin more even. |
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My question is simple.
Why anyone are nervous about the segwit2x hard fork part and not support this guys to fork off from network forever.
I dont think the fork chain will survive without skill devs and without majority of users to support it.
Will be a very risk business for the forkers to maintenance their network and to survive in long term especially without skilled developers.
In the other hand Bitcoin devs, users and everyone in bitcoin ecosystem imo must support them to fork off from network.
After their fork this silly non tech and conspiracy theories noise will go away and bitcoin will return and focus to tech innovation.
The future of bitcoin is great and will be much better without shadow characters like Jihan, Roger Ver, Garzik, Gavin, Wright.
It is because we have no idea what will happen in the bitcoin market after the split. Most of them are beginner in the bitcoin society and they don't know what will possible happen. Me too, I'm nervous because of the news, and when I ask my other friends reagarding this, they have own opinion like holding, selling before of august and others put their bitcoin in other wallet. But much better to think a positive result, maybe it is because bitcoin is become popular so we need to upgrade. I think the segwit2x is for the betterment of the bitcoin and nothing is going to happen wrong to the bitcoin. It is just the upgradation of the protocols and we have already experienced it with the litecoin. Think positive be positive and expect positive, and exactly the bitcoin is upgrading due to its popularity. Many things including the transaction fee and transaction time will be settled and improved in the segwit, so just chill and wait for the price to go high after 1st August. |
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Looks like other country are starting accepting bitcoin and this is one of the good news that can encourage other company and country can accept bitcoin as payment.. And hoping that here in my country bitcoin can be consider as money and acceptable in some store even not a big company is enough for me just there are some shops that can accept bitcoin as payment..
No doubt this is very good for the bitcoin and the bitcoin users if other countries accept the bitcoin as a mode of payment but honestly speaking if it is true. Anyone here could send me some information about what OP said ? Any authentic source has declared it yet ? If yes then it is a great support to the bitcoin and surely a great achievement of the bitcoin. |
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I've also tried arbitrage 3 days ago between poloniex and bittrex for emc2 coin. The gap was big enought to make profit. I transfer the tokens to bittrex. And then the gap got much smaller. So I finished it with a very little profit.
Nice sharing. Could you please share how you managed to spot the gap for that particular coin ? Are you continuously trading that coin alone or do you keep on checking multiple coins for gaps from one exchange to another exchange ? I just wonder how people finds the gap between exchanges and making profits from arbitrage trading. I guess if we are holding some coins and checking for better prices in one or two exchanges then we may find gaps for that one particular coin. Otherwise we must need bots to help us to spot gaps across exchanges. |
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I’ve tried Kraken and Cex.io. Now I am primarily on Cex, their rates work well for me. Kraken is good because of a large variety of coins they offer - so will be more attractive to altcoin fans. Cex.io stays focused on BTC and ETH instead, it suits me fine, because I am principally interested in bitcoin trading.
I guess I have traded with all the exchanges you have mentioned and now a days I do keep on logging into liqui and some other new exchanges as new altcoin pairs are hitting on those exchanges mostly now a days compared to old established exchanges like poloniex and yobiit. I mean to say trading places are being decided by availability of trading pairs rather than which exchange is comfortable for us nor which exchange is having lower fees. |
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How much money in $$$ should a new trader invest and which type of trading is good? Buy and store it until it reaches high peak then sell it or some other way? Guys please give your honest suggestions. Great suggestions and personal experiences are most welcomed and highly appreciated...
To buy and hold (store), you may start with even $10 but the big requirement for decent profits, how long will be able to hold without getting tempted to sell and enjoy the profits ? If you are planning long term holding with bitcoins then I suggest you to start with $100 to $500 and duration of holding must be at least 10 years. This way you may become millionaire too as there are speculations about bitcoin prices to reach multi millions and even billion dollar levels too. |
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actual trading is only learnt when you practice it, time, experience and investment will teach you, and there is no alternative to this.
Yes, there are different steps of learning the techniques of trading. Just learning will never help anyone to make profits but practicing will help all the traders to move into a positions like professional traders. People who are just gain from books and video will stay within basic step which will never allow excelling. Keep moving from basic step into advance step could be concluded through practicing in actual market conditions. Only experiencing market conditions are important not real accounts for learning purposes. |
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When the availability increase than the requirement, surely the value of the dollar will decrease. So just based on the value backing dollar is printed and few countries have did the same these days.
But governments now a days not at all worrying about long term perspective but looking for solving immediate problems that is the reason they are simply printing money regardless of their reserving and production levels which slowly pushing down common people with less buying powered momentary system. I do hear united states is not at all following the basic criteria of printing currency notes or they might have altered those basics as per their need. But still dollars has power against most developing country. It may be possible for them with export levels but any sudden changes may backfire them for sure. |
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You can buy it right now because there are still a chance to up again just like post above bitcoin will be rising and your patience will be worth it for hold bitcoin, bitcoin is long term investment so take a note with it.
Be patient is the most important thing when you want to invest or sell and buy bitcoin. Because without patience you will not get a good profit. So make sure you have patience before buying and selling. After that look for the right situation, price, and time to buy, usually when the price falls as it is the right time to buy and when the price goes up the right time to sell I am patience enough and that is the reason I just keep on investing into bitcoins and never planned up anything for when to sell off. I believe into the conceptual model of everything will be available for bitcoins payments and I am unknowingly waiting for such a period of time will be arriving to start using my bitcoins. |
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I think that teaching bitcoin to young children is not good. They must focus on study first than doing bitcoin. I think the best age to use bitcoin is within teenage. Bitcoin was a big help for teenagers like me because we need it to sustain our financial needs.
Teaching to the one who is interested into the digital currencies without any age restrictions seem to be the right decision. As mentioned teenagers require lot of financial assistance at that age. So by that time rather than depending upon parents managing thyself is the best and bitcoin helps for this. So young people going full on bitcoin is good for growth. But concerning about long term holding of bitcoins is basically dealing with age of users and that is the reason different age group of people might be needing different level of awareness on bitcoin adoption is prescribed. I do see this must be a usual practice we can see with any system. But choices should be made available for the people to decide themselves as that must be their basic rights. |
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Why should I need them. Because I do read everywhere no strategy will be working for all the gamblers all the times. But there are people who are spending long hours in finding new strategies and modifying them suitable for their gambling characteristics still we are seeing they are facing continuous losses. There could be thousands of gambling strategies around here. But I'm sure none of them will be working effectively for a given gambler all the times. Strategies are just a reason for continuing gambling. Honestly I do not need them. |
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if you are in gambling i think you must. but take out your capital for you not to lose. always control your greed and set a limit. maybe in trading too if you consider yourself a trading hustler. there's no other way to make money unless you invest and take time for it to grow. but that is so lame. you must always play the game. just an advice!  You mean profits alone ? That means excluding initial bankroll but we should continue our gambling with previous round's profits ? But I understand playing with profits must be referring excluding nothing. Because typically a gambler may get 10% profits from his bankroll and to double he must need at least ten rounds which may not allow sustaining longer duration. That is the reason gamblers simply continuing their gambling with both initial bankroll as well new profits. But most of them stop these until they lose all of their complete bankroll. |
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No wonders on making one bitcoins over the night from a gambling site's affiliate programs. Because people are making more than that also by referring high volume betting people into new crypto based gambling sites.
I guess there are many gamblers are still struggling with fiat payment options as they are not aware of existences of bitcoins and bitcoin based gambling world. If we attract them into this gambling world through our referral links then we can also earn better.
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I don't really think that gambling is a good choice for a newbie in crypto currency,
There are ton's of other way to earn bitcoin don't take gambling as a way to earn it because there would always be a chance to lose.
Then gambling will be a good choice if we go with fiat payments. I guess cryptocurrency has nothing to do with one gambler's activity but his knowledge and experiences. There is fact we need to realize that gambling will be profitable in longer run. It means it may turn profitable if you have enough experiences. This way gambling may not suitable for newbie but trading with gambling for free of cost and slowly entering into gambling must be a right for any newbie gambler. |
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We must learn first so that we can gain experience in trading.
Learning from many online sources will be enough to get start with trading so that we can start gaining experience. I mean to say learning from books/any resources will be landing us into experiencing the actual trading but only experience will guide as to make profits from trading. Just learning will not be enough.
You must be right. But people will always get confused between learning process and experience. Without basic knowledge of trading no one will get into trading. Those basic knowledge are possible only from learning. From that basic knowledge we can start experiencing real time scenarios of trading. All the above I like to suggest to go for learning and experiencing at the same time so that we can develop some good trading strategy which is alone more than enough to make profits from trading. |
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Yes, I also believe that bitcoin prices will surely go up high, even after Sewgit happens. Well, like eth, even eth can have a high price after splitting, but I hope that it will not happen, because most likely bitcoin price will go up high if it does not happen.
After sigwit, if chain split happens then one chain based coins will continue growing as a true bitcoins. It is growth must be unimaginable as it will be a versatile version of bitcoins with all issues fixed like there will be no big waiting times for conformations as some low fees will be more than enough to make the transaction to be included in next few blocks itself. So, we can be sure bitcoin will bounce back more stronger than what we are experiencing right now. For a trader point of view there will be no reasons are hidden to get worry about the current situations of bitcoins. |
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If you want to learn the lessons of trading by using some of our capital, then your lifetime will not be enough to learn all the mistakes of trading along with your capital. Losses will be occurring when we are not good with our technical analysis. Learning lesson from losses will be good but we should be conscious to avoid mistakes and losses.
Dealing with losses should be performed with the high level of conscious so that we will not repeat same type of mistake from next time onward
But you should not ignore the losses which might be giving you some fine experience which will not be available anywhere else. That is the reason it should be a more precious lesson for the any trader. I agree dealing with losses should be taken care with a high priority so that we will not repeat same mistakes. But at the same time moving away from the losses also more important because sometimes giving more priority for analysing a losses also lead to mental frustration. |
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Based on the affordability bitcoin is being used by majority of the rich people. The low level people try hard to earn through the different ways available to get few bitcoins. As the rich can afford large scale, they gain good profit on trading. This makes people believe that bitcoin is for rich which is not correct.
Affordability level will be common for both rich and poor people and up to their capability they are using bitcoins. Probably due to recent higher transaction fees some people might have decided not to use bitcoins for micro transactions which might lead to some wrong assumptions like bitcoin is only for those who are afford to include bigger tx fees. In that case it is true but this trend will get changed in very near future as scalabilty is going to be fixed. |
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