For this strategy of buy and sell you must need a timing when the price of coin is down then grab the opportunity, always look at the graph of price in crypto market cap. If the price is down its time to buy coins and if it is going high just hold or its up to you. Don't panic when the price is down its a normal for cryptocurrency but in the end will always the price high.
Good, bitcoin trading need patience more because as price of BTC down then more people are willing that it should increase soon but sometime it take some time to increase to high price so at present time you should need to hold and buy more because price is still average not too high. As price again increased then you can go to selling. like today bitcoin prices down a few percent and I'm sure many users must have been scared because this price reduction has happened since a few days ago and the price has not happened recover yet, patience is the key! i know in your heart you must think that you are going to lose a lot and you are afraid the bitcoin price will go down, i think you should throw that thought out, when the market situation like this think positive mate! keep calm, rest assured that bitcoin price will go up and you do not will panic, do not be afraid I'm sure the price will definitely will rise again |
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I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.
The best way to start trading is by learning about it and the good place to start learning about the bitcoin and altcoins trading is YouTube. There are so many good video tutorials about bitcoin and altcoins trading on YouTube. When I was starting out with trading I learned a lot from videos on YouTube and I'll suggest anyone how is new to trading to do the same. thats true, knowledge is important in trading and you can deepen your knowledge about trading cryptocurrency from many places, one of them from youtube or blog in google i think there are many tutorials and strategies about bitcoin or altcoin trade, but knowledge alone is not enough to earn profit, you should start learning to try trading with it you will sharpen your skills, the longer you are in trading and keep learning, then the experience will lead you more great in trading |
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50% for holding, 45% for long-term trading and 5% for day trading.
+1, sounds good, just need to mention that 5% might not be enough, if your trading amount is not so big. I prefer 20% for scalping, and I hold around 30% in a bitcoin just to have it (in case if it gets.. hmm.. 50 000??)) and other 50% I use for.. let's call it medium-term trading. And it's true, that scalping is not for those, who are lack of time and attention. yeah 5% may not be matter if your money is big enough, and I think the percentage of fund allocation will depend on your time, skill and knowledge also, if your spare time is much and have skill in day trading maybe you can add more fund allocation for scalping, whereas if you do not have a lot of knowledge and your time is limited then allocate more funds in long term, that's my strategy so far |
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Not necessarily, here you can not see who the original player.
It could be here the users of women or housewives, how can you say if women are not more in bitcoin?
how do you know it? i guess you are just guessing it.
First of all transactions made with the used of bitcoin is done anonymously meaning that no one will know the real identity of someone who will make a transactions with the used of crypto-currency or bitcoin so I support your speculation. We cannot really determine the specific number of women and men who uses bitcoin in a ratio but I think it is not a problem we should look. Because that good thing is to have the support need by bitcoin and the crypto world to be accepted. thats true, bitcoin itself is anonymous so you will dont know how many women use bitcoin, calculate exactly how many female users is impossible, even in this forum is hard to calculate because gender is not mandatory to fill but I see some users who already said that they are women, but only a few, I dont know why only a few women here, even if you browse deeper only a few women in the online business world, mystery questions lol |
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I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
I think people tend to have Bitcoin rather than cash because it has lot more too offer than the usual thing banks can offer and Bitcoin can do provide more than those features banks have already provided. Also, since Bitcoin was inclined with the modern technology, it is more attractive to the millennial people that are already relying and into modern technological features. Added by the fact of those you have stated in your statement which are cited by yours as features that are main reasons why people choose Bitcoin than cash. I think it's still a discourse, I myself choose bitcoin rather than cash just for investment only, besides like using for currency and payment option I think many people still like using cash to buy and pay for their needs, I myself still depend on the bank for transactions , rarely use bitcoin for transactions let alone daily transactions, you know bitcoin fee is very expensive, I think most users have similar views with me? |
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I ran across this video a while ago on what can happen to you if you don't pay your taxes. At some point during your Bitcoin career, the cryptocoin will be converted to fiat and that's how they will catch you. https://www.youtube.com/watch?v=hf2fNEUPjQwI think that will be depending on the country you are in. I've been converting or selling of my bitcoin but the fiat that I am getting is still the same. I am not also taxed by the government, if there will be some additional deduction, I think that will be the fee of the exchange since they will just be adding the tax of that certain exchange and the tendency of that is to increase the fee of the converting of btc to fiat. agree I think it will depend on the government and the rules on your own country, in my own country there is no regulation to give tax to uncertain income, even if you withdraw huge money from exchange to your local currency, you will not be taxed by government , so far my state government has only given taxes to company workers who have a definite income from the company |
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indeed for transactions via dogecoin may be better than it has a lower network cost when compared with other altcoin.
but regardless of transaction costs, I'm optimistic if the ETH has good potential in the future and now ETH has shown its capacity as an altcoin that is progressing well with the fact that current escalating ETH price
just like bitcoin where the price of Ethereum will be more expensive will certainly result in high transaction fees, I think this is a consequence of the more expensive ETH, I myself never use ETH for frequent transactions, I usually use other altcoin faster and cheaper, btw I myself use eth for investment only, I'm not too hesitant with ETH future you can see the price continue to soar and skyrocket some of today |
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Gold are the mean of exchange for thousand of years. It hard to be replaced because some people think that gold are much more secured than bitcoin which is too risky.
If I had the chance to do this in 2009, and hold either Bitcoin or Gold from then till now, I will choose Bitcoin without having to think twice about it. As of now, I’m still choosing Bitcoin and not gold, I need money, I’m not preserving the ones I have, and getting stuck at the same.level. when I want preservation, I will go with Gold, but as of now, thanks! 👍 in 2009 you did not buy bitcoin because you are still unsure of the future of bitcoin? and by now you've seen a very remarkable development of bitcoin and are very likely to continue in the future, so why do not you buy a lot of bitcoin today instead of choosing gold, should you know that bitcoin prices are very likely still many times higher in the future ahead of the moment |
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if you have 5,000 gifts and Asked to get it with
1) Paypal: Buy/Sell everything all over the world.
2) Bitcoin: your money will increase/ decrease in future.
which one will choose?
Paypal is not a currency in itself. while Bitcoin is a currency. Paypal won't give you opportunity to interact in a decentralized platform while bitcoin gives you that. If we see as a general preposition bitcoin can actually overtake any limitation of paypal. yeah paypal is not a currency, but we can compare bitcoin and paypal in terms of payment options, of course everyone has different views on this matter, some mention bitcoin better because transactions are decentralized and anonymous, some mention paypal is better for transactions because transaction fee is cheaper, I think this is relative depending on the wishes of each user |
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As indicated by predictions bitcoin should have achieved 15k$ by end of 2017 and fall in first week of jan 2018
In any case, shockingly its effectively reached 17k$ in 2017.
Should I purchase or hold my btc?I don't plan to sell at any point in the near future.
holding not will be a risk, bitcoin prices continue to surprise, but the end of this bitcoin prices back again like the price at the end of 2017. if you continue to hold your bitcoin, maybe you will always get a profit if you want to hold your bitcoin for the next few years it may be just a little risky, because you must have heard many predictions about bitcoin in the future, that bitcoin will have a very high price because of the development and growth of bitcoin is very good, many people in the world enthusiastic to know bitcoin and many of them start investing in bitcoin, it's not impossible that everyone will be connected with bitcoin, if you are able to hold your bitcoin for fewyears of course you will get is a profit |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
If I had a huge loss, I would risk trying to invest again, because in the world of cryptocurrencies we can not predict when we will benefit or lose. so I took this risk because I was sure I would get a huge profit and restore the losses I had earlier. I think it will not be easy for you to try to trade or invest again after you get big losses, a fear and a feeling of trauma for a great loss must be left in you like me, I'm losing a lot these few days after altcoin and bitcoin have decreased these few days, I feel very frustrated and stressed, I'm afraid to try to invest and do trading again, I try to calm myself to let go and sincerely to it all |
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We always hear people posting about their awesome trades and/or gains but very rarely hear about the stupid things that people do. With that in mind, let's hear the biggest brainfarts you've had while trading crypto...
My most erroneous decision is to sell GVT when it costs $ 2.4 and now the GVT price ~ $ 32 I've lost a huge amount: 149 GVT * 32 = $ 4768 This is a terrible thing and this is also the wrong decision I made  sometimes selling early is a bad thing because maybe the potential of that coin is high in the next few days, but sometimes selling early is also a good thing, a few days ago had bought Ignis at an expensive price. I hold it longer the price is going down,  I lost more than $150, that's the worst thing I did in this week, have to cutlose to minimize bigger losses |
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Tax collection is robbery. By and by I think salary impose should be executed. I can hardly wait for that to happen. I truly wish and expectation it occurs in my lifetime. I am tired and tired of government officials utilizing our expenses to go to war while destitute individuals go hungry.
I think you're wrong, the taxes the government gets are not allocated for one thing like the war fund only, but the government's taxes are allocated for many things like state infrastructure (roads, bridges, etc), for the poor and the progress of the country of course, if all people do not want to pay taxes certainly state finances will collapse and bankrupt |
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Both
For me i prefer to choose both of them as my investment because gold is safe investment and bitcoin because the price is rapidly increasing . I think gold or bitcoin it's all a good investment tool, you want to choose which one is good. just follow your heart. but if I myself choose bitcoin as an investment tool today. if my gold has never been. I think to choose an investment you can not obey what your heart tells you, you must obey the facts and data, if you indulge in choosing which profitable investment will be the same as gambling, use your knowledge and your skills to analyze the advantages and disadvantages on both investments, so you can find data to determine which one investment is best |
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I think that is called investing, trading means that we are selling and buying quite frequently in order to making profit from the volatility and when it's trading people usually trade in different coin not only focus on one coin
It is just has a little bit different , doesn't matter actually. Trading long term and investment short term , both is about making money with various risk , depends on how skillful you are. Trading sometimes shouldn't be done frequently , you can check it periodically. So , it is back to you I think trading can be interpreted as a short-term investment, trading risk includes greater than long-term investments, where trading requires more skills and great knowledge of the cryptocurrency market, where you have to be great at analyzing to make buying or selling choices, and I think trading should be done frewuently because I'm afraid you'll miss the chance |
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Price is changing due to the demand of bitcoin or any other cryptocurrency. If the price starts to increase, then it means that there are too many people that are buying that coin and when it is starting to decrease then there are too many people who are selling that coin. And predicting a coin price, it's hard to do although we can predict the price that we want to say but there's no assurance that it will be accurate.
actually we can predict by looking at the bitcoin market, if the marketcap gets bigger the price may go up, or if the bitcoin buyer volume is bigger than the volume of the number of users selling bitcoin then the price will rise and vice versa, I think there is that information in every market and exchange site, but I do not guarantee with that your prediction will be 100% correct, you know that bitcoin market price is very random so it will still be difficult to predict correctly, |
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i think there's a possible to get rich with bitcoin but you need to work hard and have a investment in bitcoin
That's' logic, if you want to get rich with btc you need to invest in btc but at the same time you need to just get knowledge, work everyday, make bitcoin by doing some work and just try to learn how to trade cause those things will allow anybody to just earn as much as they want to. to get rich from bitcoin investment you need big capital and high patience mate, because without big capital even though bitcoin price rose 10 times it will not make you rich, after that you have to have great patience, because for bitcoin price rise very high it will take a long time, because currently bitcoin is still growing and developing, so it takes a lot of time for bitcoin prices to crawl up |
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I am sure everyone is aware about the rise of altcoins like ETH and Litecoin so I just want to know expert's opinion whether to invest in bitcoin or altcoins as the price of bitcoin is too high now for an individual to invest into it ? Do you think these altcoins will survive and pump just like bitcoin or its better to stick to bitcoin ?
Actually, there's a lot of altcoins out there that has a lot of potential and can even provide you a lot of income if you can just make your own research, buy cheap, and hold. Bitcoin price is too expensive to start investing and expect a high return in a small span of time. Altcoin can provide you this kind of income because altcoins are cheap and can be pumped easily. but the safest investment is definitely bitcoin, because total bitcoin users are so big you will avoid the risk of dead coins, whereas if you buy altcoin you still have a chance of risk coin die, besides the price drops very deep, I know bitcoin price is very expensive, but I think do not let you leave bitcoin and have used all your capital in altcoin, maybe it would be better if using some capital in altcoin, just make an investment alternative mate |
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Have a masternode any advantage ?
may be like a dash that has masternodes, you can get a certain share of the prize for each block, You just have to run your wallet on your computer, This can be a passive income for you, other benefits such as increasing privacy on your transactions, more instant transaction, etc #cmiiw |
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How do you traders do it, hold and hold and hold. Waiting around for more and more money?
Whenever I receive some altcoin or a token, I sell 50% of it (for either Bitcoin or fiat cash) and keep the remainder for long-term storage. So far, this strategy has worked for me. It has helped me to maintain a healthy balance in BTC, and at the same time, I have profited out whenever an altcoin or token was pumped. strategy is important to gain profit, sometimes when the price goes up, I do not sell all the coins I have, I'll leave a few percent maybe 25% just in case when my choice is wrong, if after I sell then the price is higher and I can return more profit by selling my 25% coin, and if the price drops it will not too hurt me, the strategy will make what you do to be directional, so make your own strategy for trading mate it will help you |
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