one of the most important recommendations that i don't see anybody mentioning here (or maybe i missed it) is that you should never keep larges sums of money (crypto currency) on exchanges, because you would be trusting a third party with your money and they can run away or get hacked or lie about getting hacked and this has happened so many times already.
You are right, I am reminded of bitfinex and mtGox. and also, before you buy a coin,check the wallet first if its working or delays. Sometimes when you buy and transfer to other wallets or exchanges for arbitrage, you will get stuck,sometimes for weeks.You'll lose because when all cleared up,coins price already gone down. If your problem is about the wallet then I would say that is not a serious problem, bitfinex was hack is something questionable and some are thinking that it could be an inside job but who cares, we cannot trust exchange sites, we just have to be cautious and if possible never maintain your money in an exchange site, diversify it with others as well. |
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Trading in yobit is different with day trading of bitcoin in the exchanges.In yobit you can do altcoins trading where you buy and sell altcoins with bitcoins whereas day trading is buying and selling bitcoins only with price is fiat currency and best place for that is localbitcoins.
The required skill set on yobit is much larger, since you deal with many small coins/scam coins. That's why they are listed at yobit and not on a reputable exchange. If you want to earn with trading wi would rather start with top 20 altcoins on bittrex or poloniex. They got good buy support and for a beginner i find it easier to earn money. Its easy to earn there if the coins you buy is those newly added on that exchange and surely those coin will pump harder since that is the movement of all scamcoin, but we should takecare for those since mostly of them will just last for weeks and died easily, and your suggestion for selecting top 20 altcoins is good since im pretty sure that theirs are many whales behind that and doing some good trades. Even if they are just scam coins, it is still very important to do the right research before you venture trading on them, they could pump but not all the time we will be able to do the right timing we also also lose as no one is perfect int trading, so things should be consider is research. |
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if you are expert or skillful then you can be a good and successful trader and i am very skillful trader and earning a huge profit from trading and sometime i think that trading is depend on your luck.
i agree with you that if someone skillful and expert in trading and have a good knowledge about trading then surely who is a successful trader and these trader will be never face to lost in trading and they get a big profit from trading. Well, that is given already, but the question here is how are we going to have skills and knowledge as our tool to be successful in trading. Actually, it is a step by step process and when you are a newbie which is presume you have no experience yet, you need to study and study and if you feel you have learned already,t hat is the time to put your theory into practice and then just adjust every time you fail, learn form your mistakes. |
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Well, I did not use to play trading bot, because I think it is very harmful and unpleasant. I better use it alone to play trading, because it can train me to become more intense in analyzing a coin prices, and it will enhance my ability and experience.
I cannot use it as well as I am trading with a serious money, by using bot you are like using system and since in trading price is unpredictable your system would not work overtime, so I am trading using my heart and my mind and whatever the outcome I am willing to accept and be happy with it as I know I did my best. |
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The good way to grow what you have is just to study trading very well, actually there are no definite schedule for to trade as you can trade 24/7 online and that is the benefits if you are good in paying attention of the price of the asset you are trading, I mean just look for a better timing and just follow the principle to buy low and sell high all the time.
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Of course yes, bitcoins is more better than paypal even if paypal is not better than skrill or neteller, paypal has bad support on their costumers services and it is uncomfortable for me using paypal.
Paypal or WU or neteller or any other services which is help to pay the money to worldwide will not give benefits. Best option is bitcoin only and you will have least fees among any kind of payment services. I also have left these payment processors after adopting bitcoin for online payment as one reason is that which you mentioned that its fees of transaction is very lower and the other reason is that I can send bitcoin to any wallet and any country. That is the advantage of bitcoin and i think the price is not stable and anytime the price can be increase more. I tried paypal payment but they are depends in the distance to pay for a fee unlike in bitcoin anywhere in the the same fee its up to you if you want to increase the default fee to increase the speed of you transaction.. Definitely bitcoin has more the advantage as it is user friendly and you can transact anytime of the day, with bitcoin no one will care whatever you do with your bitcoins and that is why people are shifting since they can get complete freedom with bitcoin. |
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Bitcoin must be a currency, we should all learn to believe in. Bitcoin gives freedom, and you won’t have to worry about anything, every transaction is made with very less fees, and also very fast. When we have these type of many advantages, we must believe in bitcoin always.
It is already a currency so you don't have to make some magic spells for making bitcoin as a currency. And I like the things you have all said with bitcoin and all of that are true, that is why I keep on believing in bitcoin because of its decentralization it is not going to die as long as we are here the users of bitcoin. I think he mean centralized currency because bitcoin is decentralize currency which is we can used only in online transaction and he want bitcoin would be like fiat that we can spend in small stores directly with physical coin/paper money. We cannot easily compare bitcoin to fiat as bitcoin at the current time is only good for online transaction with a limited purpose due to limited support, people are using it most of investment and trading purposes but I have not get the benefits yet of buying and selling online as most of the things online are not my interest to buy it. |
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Bitcoin is really attract my attention since my first glance. It has value , fast transaction and low fee rather than my local cash. That's why I like owning bitcoin over cash. Recently many online shop has accept bitcoin as payment method , which is really helpfull for me to purchase something with bitcoin in real life.
You are a complete risk taker, I do not see anymore here who are owing more bitcoins that cash, and I believe a clever person knows how to determine the purpose of cash and bitcoin, cash is only for spending and that is acceptable by all of us while bitcoin for the time being is good for investment and though a currency but there are only few establishment that supports the acceptance of bitcoin. |
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Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?
good news , i am happy to find this thread . i am really thinking for such type of services . i reads many post from these thred and found that many countries are allowing for this . but some complicated things are that we need to give some extra tax for the transaction after government approval to attach bitcoin with bank ( for user ) . What are your talking about? This thread is just a fantasy, it will never happen there will be a bank for bitcoin because the system is designed to be decentralized and anonymous, and we cannot partner with banks and adjust on their system as our system is already fixed. |
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In the near future, predicting that humanity refuses to cash. And it already means that all financial transactions will take place in a digital format.
As other post say, it would still be cash in digital form, remember that money is legal and was issued by the government to its people so I think even in years to come it will still be the same, although there might be a digital form of it just like in cards in ATMs and credit cards... But never bitcoin, it cannot replace money unless otherwise the government own the bitcoin...  But the question is, how would bitcoin will replace money when bitcoin itself is not regulated, I think that is impossible also as the value of bitcoin is based on the fiat most certainly USD. That is a little complicated but let us not complicate things as it will never happen bitcoin will be the mainstream currency in the world. |
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every time is worth to become a trader as long as you have money to trade because before we start to trade we need to prepare budget even for demo account with budget inside.
This so makes me laugh but I rather will agree with this comparing with the another, the golden keys are if we have an amount for doing a trading. so everyone will never do a trading if they're not having some amount in their pouch. The best time to become a trader is when we learn how to trade, I guess that is self explanatory and we can be all traders but the big question is, are we all gonna be profitable? Many have tried but only few will succeed because we all does not have the quality of a successful trader, sad but true. |
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Some people invest in the house and gamble also and use many methods to increase the amount they get back on loses.
These some people you are talking about are the real smart people who knows how to win gambling, it is important as an investor our chances and investing in a gambling sites gives us more chance to make money since the house always wins and that is the reality even before. |
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Probably not in the next 10 years. Ethereum took 2 years to come out ,and its just a pile of crap, with all the hacks and scams going on there. (not to mention the hardforks).
Best candidates would be:
LTC = Which is a copycat, so probably not
NMC = Which doesnt really serve as currency
MONERO = Probably high chance, but it doesnt even have a GUI wallet yet, so better make that come out first.
Other than that, there is no viable competitor to bitcoin ,and probably wont be for the next 2 years, and to beat bitcoin...? That would take a lot more than that!
i would like to nominate litecoin instead any other cryptocurrency , they have a very strong community and did not often lost too much value , even you must realize that the chance this thing to happened very low , bitcoin are too big to be replaced. The Monero is too different from the bitcoin. It uses totally different technology. Its blocks are bloating fast. I would choose monero all day, we have witness already that the community are capable of making the price of monero high and that only prove this asset is very valuable, in fact we can buy monero now at its cheap price and make profit one's it will start to rise again. |
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Gold price falls for several years. Some people over 5 years of investing in gold lost about 20%. According to forecasts of the price of it is satisfied. So now it is logical to buy gold at the lowest price. Bitcoin is very dynamic, so it is difficult to predict. I invest in Bitcoin. I am interested in right now
Bitcoin so far is the best type of investment right now, the economy is very progressive and we have seen the price has increase for 100% this year alone that is the turning point of bitcoin to call the best investment, this is expected to continue in the future so let us be optimistic about it. |
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i think almost all of investments is scam after they get at they're quota they will become a scam like other investments scam :3 i think that we can't risk at investments because they will stole your btc they will let you profit low and they will get your high balance. We need to invest wisely. Do not blindly trust all and expect large revenues. It is better to have a stable small percentage. But to know exactly what your money will not be wasted That's what you call diversifying your investment, always put in mind the risk in investing and even how good the investment is we have to consider also the risk as there are no perfect investment otherwise we are all rich already, just be clever all the time do not decide fast. |
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Buy a house, collect the rents. After like 10 years, you will have a lot more than 100% of what you invested.
What a good and simple idea. By using your idea i think the person who invested in buying a building and giving it out for rent will surely doibles the money in not up to 10 years but in like less than five years because the proceed from the rent can also be used for other investments which can add more to the profits. Buying properties is one of the best ways to make that $100,000 double but make sure that you are going to keep on buying and selling of properties. But if you are going to make some rentals you need to take a lot of time in able to get your investments double. If you want fast, then do buy and selling of properties. It is actually a feasible business and for me I agree with it, you can buy a vacant lot which is within the city and you can build an apartment, I believe that amount of money is a good amount to invest if you are in the poor countries as lots their are just cheap. |
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Can't believe I haven't see this topic yet. Sportsbetting is not necessarily better than any other forms of gambling. The casinos and sportbooks still have an edge. But based on statistics and a good analysis of the sports you can make a good prediction on games. A lot of factors affect games like injuries,current games being played etc. And this is what helps you decide better and reduce house edge, which is not what you can do on other forms of gambling.
also there is always a tipster, or so many other resources that you can use to make a better decision and "increase the odds of your winning" and that is what we are all looking for. but this never changes the fact that you need to be familiar with that sport to begin with. Although there are tipsters but you also need to cap for the games because you cannot just rely your future on a certain tipster and it is more fulfilling if you know how to cap games and you predicted the right team to win. That's why I like in sports betting as well is because there are punters who are willing to share their opinion. |
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If you want to grow your btc just simply join in this
forum signature campaign, join trading altcoins, and
gambling often. These are the things you may grow
your btc. Just manage well on your money.
Trading altcoin is good enough to start to grow your bitcoin if you have an idea what you are going to trade...Definitely no to gambling, it's too risky to grow your Bitcoin, though that's one way to grow your coins fast but it's not advisable...OP has .5 BTC and I think it's enough capital for him to start whatever he may want that his capital can afford... Gambling is the fastest way to grow your bitcoin but only when you are lucky, and that is true it is not advisable and you can only do that if you are a big risk taker. Trading is good among the rest as you can learn the method and you can improve your skills that will make you successful in the future. |
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yes there is no doubt about this that bitcoin is already an international currency as you can see people in this forum from all over the world.
That is true. However, they say that it is not due to the lack of popularity of bitcoin. It is not widely used as a currency but just an investment. If we are to change that way of thinking maybe it can be said as a true international currency. We cannot change the fact because we need time to consider it as a proven international currency, we are in our early stage now and we are using bitcoin mostly as an investment for the reason that there are no major merchants online where we can purchase our needs and wants. |
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I want to know why people always pushing sports betting as a type of gambling that can give the punters the best chance to win? I need your opinion on the subject and hope you guys can share your informative comments here.
They are doing and telling you that Because in sports betting even though you only have 50% chance of winning you still have the freedom to choose which is the winning team for you. So it means that if you conduct a great research for some teams that you are going to put your bet with then you have a higher chance of winning. I don' t even think your chances in sports betting is around 50%. There are some sports, like basketball and boxing where you can clearly predict who's going to win. You only would have to worry about upsets which doesn't really happen most of the time. And also the fact that if you bet on a clear winner, of course your earnings would be smaller. You'd still win though none the less I do not think that there is no such thing like that, in sports betting it is all about being clever all the time and if you are just betting on heavy favorites all the time you will not be getting good payout also as the odds are really low, most of the time bet on odds at least 2 so you will not lose on juice in gambling. |
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