I had big trouble finding the right section to post this, i just hope i got it right this time !... I am really interested in building a mining farm, but my problem is here in the UAE power cost for Expats is 0.082$/kWh while for Non expats (Locals) about 0.02$/kWh, my problem is its too damn difficult to make a profit with that power cost especially that nowadays BTC price dropped significantly and difficulty increased ! Even on a nS9 antminer !!... I was wondering if there are any Trusted datacenters in a given country with low power cost that host your miner and keeps it running  Any solution or maybe more efficient miners than the S9 since free electricity is something out of hand   Well, cause of the deep in the price of bitcoin, completing the payment will be leading to a loss. To avoid the breaking of other country's rules as concerning hosting of mining, going with the locals can serve..... |
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Everyone's standard of living is different。Are you satisfied with your current living standard?
For me, a perfect life is a life with contentment with the little I have. Having God as the most important thing in all my doings. That is, contentment with Godliness is my perfect life. |
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Both are very good exchange to trade with, cause they are among the big exchanges for Cryptos, but having their conditions. For bittrex, you'll have to be ready to set up your verification before planning on making any withdrawal of your funds. While that of binance, you have a limited amount that can be withdrawn, even without verification of account.
For me, I'll prefer binance for you, because of your trade limits.
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Anything is possible when it comes to the rise in the price of bitcoin, cause the price of bitcoin has great effect on the entire market. As at last year, it was something that shocked everyone cause it got to a new high peak, and that made bitcoin caught the attention of a large number of people in the world. So, when the rise starts in full, it will hit another new peak.
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Day trade is good now, or is just when market is more unstable ?
For me, now is the worst time to go in as a day trader, cause the market is on a bear move having no much positive out yeild. Now is a good time to fill up with some coins and hold, waiting for the next bull run. |
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Currently the price of bitcoin is at $7358 and it almost fell $1000 in 72 hours,I thought this price fall is just normal at the beginning but now little worrying because I bought few bitcoin when the price bump in the thought that bull run has started.Anyone know the reason why the prices were falling and when it will be on the upward track?
Maybe the price corrections are not complete, cause I thought the bull run has started as at a 2 weeks ago, but now, its on a struggle with the deep again. There is still time for the rise to take place, cause anything is possible with bitcoin in less than a month. Let's wait for it. |
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Its really wrong having money on exchanges, cause there is a full tendency of losing your money. When you wish to trade, then you can make deposits to your exchange account, make your trades and withdraw it at once, except your wishing to make a resell in the fewest hours.
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Due to the deep in the market, there are a lot of altcoins that are good for packing up. If its for a long term, buy and store it, for better profits ahead, if for a short term, buy wait for the closest bull run and make your move. Am waiting for a little short term.
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When the cryptocurrency I invested in reached my expected price then I would sell it because I could get huge profits from it, and what would happen in the future we don't know, I just want to make more money here.
What if things turns out contrary to your plans on selling it, like the price of the market is filled with red, the price of bitcoin fluctuating, or things at hand are not just going as planned. Would you sell or your focus is fixed? For instance, I don't have anything at hand, and my aims are not forth coming, I'll make a new move, making another aim. |
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I mean Why bitcoin? Why waste huge energy in mining. As everyone know bitcoin is useless in terms
of usability.
My question to bitcointalk users :
Is this possible that any altcoin become no 1 on coinmarketcap and bitcoin disappeare
I think this can be possible, what you think so comment below...
Which altcoin do you think that can take the place of bitcoin as number one? ETH is as old as bitcoin, cause after bitcoin in the coinmarketcap is ETH, but it's not still able to take the place of bitcoin. Bitcoin has obtain trust for firms institutions and lots of bodies that makes it strong over the years, and no other coin has such criteria as compared to bitcoin. |
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To me, it is a step that everyone can use in making money (i.e it reduces unemployment in the society) at the comfort of their home. It is also a strong step that leads into the future, cause a time commeth where crypto currencies will become the norm of the day.
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Truelly, there is no actual time to buy, whether at low or high price, if you hold for long, you'll get your capital and profit back. The price of crypto currencies keeps breaking up to new heights, and more investors keeps coming.
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I don't believe in the only hold. I sell my coins to make hand cash money. There are no safer than hand cash, So, I always try to sell most and keep some. This is my present strategy after losing everything. Though I like your strategy too. Good luck.
Yours is still a good strategy, cause having cash at hand helps to keep the day to day running of self activities. This is a good pattern to follow for bounty hunters. Bounty hunters gets their rewards, sell and make their immediate profit (cause they did not make investment), but investors holds for a better profit and for a long time. |
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Do you sell because of the rise/deep in the market, or do you sell because you actually needed the money and not because of the deep/rise of the price, or you're the type that just jumps in pick some profits and jump out?
I am a long term holder of altcoins. I sell my tokens (both alts and bitcoin) when I am broke, and when I need some money. I don't sell because there is a deep in the market, I sell because I need to. So, what about you?
it is depend on the situation. if i need urgent money, i will sell it immediately. But if not, I will sell my coins when I know that coins turn to bad coins and don't have a future if i hold it for long term. if the coins have a good future, i will hold them. The coin I decided to sell was my reward token from my previous bounty and I had decided to sell it since at that time the value had gone up. I had received the money in fiat after it was traded for almost 2 days and I was able to use the money for my monthly bill payments. Signature bounty campaign is a big help for me because I was able to earn profit through my participation and I hope it will continue to last more. I believe that each and everyone has its own reason and purpose selling their coins and mostly because of money and those selling with markets are red are obviously need money, but as for me I always sell my coin with markets at high even though I really need money because holding still the best option. Holding for sure is the best option, no matter what the secumstance may be. But, this can be when there are other source of income other than the monthly pays. And for me, as a student, when I need money, telling it doesn't make me feel free, in which I can't get what is needed. And waiting till the end of the month, hmm.... |
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i have do trading, but i alway lost  I want find some good business to mining Trading is fun if you can control your emotions from panic selling. Panic selling has made a big negative view to trading, because when those who has no trading strategy see's a little drop in the price of coins they possess, they panic and sell, thinking not to loss much, whereas they've lost almost everything. |
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Not really that I know much about mining, but, I know its expensive to keep up/maintain. There has to be a constant electricity supply to keep up with the mining, which means there will be high electricity bill to be payed. Trading is light, simple, does not need excessive electrical supply nor some big mining devices.
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Do you sell because of the rise/deep in the market, or do you sell because you actually needed the money and not because of the deep/rise of the price, or you're the type that just jumps in pick some profits and jump out?
I am a long term holder of altcoins. I sell my tokens (both alts and bitcoin) when I am broke, and when I need some money. I don't sell because there is a deep in the market, I sell because I need to. So, what about you?
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I agree with you OP, that is if everyone can deal with their emotions to that extent. Everyone is not of same mind, and at some points the intention of selling to avoid a complete loss of everything comes in.
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The price of bitcoin has started a simple move and this has held on for some weeks now. Therefore, if this should keep up with the pace, getting to a new height before the year runs out is a sure thing. The ride to the moon has started.
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Prediction is one thing that goes along side with crypto currency. Prediction makes the fun out off bitcoin/altcoin trading, its more like forecasting due to the studying of market charts by some experts.
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