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161  Economy / Speculation / Re: This is not the rise you are looking for on: July 18, 2018, 08:02:45 PM
As we hope it to rise, always looking any rise like a saver but instead they seem like to a trap.
Just look at one month ago what happened from any graphic, from 7200 to 9200 it was a wild process it just rised too fast then everybody believed it is real and jumped, left with a bag in lap ,it came back to 6ks. So calculate well it s the same guy again moving, it will rise then another rise then a big fall. if it rises too steep that means it not natural, if its not natural grace yourself  Kiss

Bitcoin will rise just like what happened last year so the best thing to do right now is jut invest while you still have the time in order to earn more profit in the future.
162  Economy / Speculation / Re: Do you feel the rise of BTC anytime soon? on: July 18, 2018, 07:59:42 PM
The Bitcoin has the huge price last December 2017 . And the price suddenly changed this year. Many members and especially those active traders have been disappointed with the sudden drop in bitcoin price. That's why people are often comparing the price of bitcoin last year.
We can not predict the price of Bitcoin this year. It's too early to say that the cryptomarkets are not in depths and gradually returns into the light. So i'm still waiting what is the good news happen in this year.
What do you think?

The market prices today is slowly increasing because of some fud and i do believe that it can also grow in a very huge amount if there will be more positive speculations.
163  Economy / Speculation / Re: Will BTC moon again? Yes. on: July 18, 2018, 07:58:31 PM
I'm very optimistic that BTC will return to above 20k$.



I've made a shitty chart that you can look at:
https://www.tradingview.com/chart/BTCUSD/YOqwVpsp-Bullrun-Continues-Soon-Don-t-Worry-Cryptofam-just-look-at-this/
Looking at similar patterns, BTC will soon break the channel upwards and will slowly strike once again.. and again..

There is a huge chance for the price of bitcoins to even surpass $20k dollars because there are more countries this year that has been legalized to invest on cryptocurrency.
164  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: July 14, 2018, 02:59:40 PM
I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.

I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)

Does anyone here know the reason behind people loving precious metals?

I think that those people who are still preferring to invest on gold and silver are still not well knowledgeable about how cryptocurrency is very profitable if you will just focus on trading.
165  Economy / Economics / Re: My Advice on Investing in Crypto on: July 14, 2018, 02:58:25 PM
First of all thanks for your collaboration, Really important article for all Everyone, You did on the point because most of have the same problem when they investing in crypto. Personally, I also got good knowledge , Thanks again  Smiley

Investing on cryptocurrency is not that easy because you should be knowledgeable about how the market works and the statistics of the coin you are interested to invest in order for you to earn profit.
166  Economy / Economics / Re: Does money make you rich? on: July 14, 2018, 02:57:28 PM
Yes, money make you rich.  If your answer is no, it means the money you have is not enough.  Someone need a lot of money to be rich no matter if he/she don't have any knowledge, information, wisdom etc.  If you have money you can pay someone else who have knowledge or whatsoever.

It can make you rich depending on how and where you will use your money, there are people out there who are starting their own business because their main focus in life is to become financially stabled.
167  Economy / Economics / Re: What will happen to bitcoin? on: July 14, 2018, 02:56:05 PM
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out.  It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value.  Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.

Bitcoins will have a bright future due to countless numbers of people who are investing everyday in cryptocurrency which makes the popularity of bitcoins and every altcoins in the market to grow even more so we can expect higher demand in the future.
168  Economy / Economics / Re: Predictions Markets? on: July 14, 2018, 02:52:55 PM
Does anyone here use prediction markets?
Or have experience building one?
 
Augur has gone down hill, so I set one up myself:
NINJA
Link: https://ninja.org/




The best thing to know about the market condition is through speculations, creating your own research about cryptocurrency is the best thing to do more than relying on other's own speculations that is not accurate.
169  Economy / Economics / Re: Lost Bitcoins on: July 14, 2018, 02:49:48 PM
When will we hit a critical point at which there's just too many lost bitcoins due to someone loosing their wallets, dying or corrupted hard drives and etc? At some point this is bound to happen right?
I know that for the time being, low circulating supply means that the coin will increase in value but how low can it get before it starts to give diminishing returns and actually inflict damage to the system? What would happen to crypto in general if all of the coins and altcoins will suffer the same ending?

Lost bitcoins are lost forever because we are using wallets today that are multi ecnrypted since the purpose of your wallets is to safely hide your coins from hackers.
170  Economy / Economics / Re: stupidity is so close to poverty on: July 14, 2018, 02:47:16 PM
stupidity is so close to poverty, do you agree with such a phrase?
if it yes, means the poor are the fools.
I want to know your opinion.  Grin Grin

Stupidity is a jinx, there are people who are spreading fud which makes the price to dump in the market and that is the reason why the prices sometimes are dropping.
171  Economy / Trading Discussion / Re: Need advice for the new investor on: July 11, 2018, 01:29:53 PM
I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

The best advice you can get is to study everything in the market before investing a huge amount or try to read different speculations in order to determine what will happen in the future.
172  Economy / Trading Discussion / Re: Right time to buy a lot of bitcoin. on: July 11, 2018, 01:11:35 PM
I think now is the right time to buy more bitcoin because the price is very low,  but I think after a while bitcoin price will rise again and if we buy  more now we cant make more money in the near future. What do yo think?

In my own opinion, as the market prices drop today then it was the best opportunity for everyone to invest a huge amount because you are guarantee to earn more profit if you will be investing a huge amount today.
173  Economy / Trading Discussion / Re: Altcoin price based on bitcoin price? on: July 11, 2018, 01:09:40 PM
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down



Yes it is, ethereum is tether to bitcoins as you can see in the market price and most of the altcoins in the market that are newly introduced or released has base price depending on ethereum so you should always expect that bitcoins affects everything.
174  Economy / Trading Discussion / Re: Why are people afraid to invest in cryptocurrency? on: July 11, 2018, 01:07:47 PM
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.

People are not afraid to invest on cryptocurrency but they are afraid to lose a huge amount of profit since the market price is not stable and not everyone is guarantee to earn profit instantly.
175  Economy / Trading Discussion / Re: Will you trade Bitcoin to buy Altcoins? on: July 11, 2018, 01:05:13 PM
I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.

It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.

Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.

But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.

After all it is important we make money on a regular basis apart from the long term investment isn’t it so?

In my own opinion, holding bitcoins today is more profitable in the future more than switching to altcoins because the price of any alt in the market is very slow so do not switch immediately since there will be always a chance for bitcoins to rise up again.
176  Economy / Trading Discussion / Re: BTC: where is the market going on: July 11, 2018, 01:02:30 PM
As users mentioned a trend reversal is highly expected to make a big change in the growth of bitcoin as well to reach a value above $15000. Right now even though lot of good things were taking place around the globe through cryptocurrency we haven't experienced any big increase which confirms that the bear trend still continues.

In my own opinion, market will soar soon just like what happened last year because there are a lot of people today who are investing a huge amount due to cheaper prices of coins.
177  Economy / Trading Discussion / Re: Who believes in HODLING? on: July 11, 2018, 12:58:30 PM
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

Holding is very effective right now, the market price today is still dropping and holding your coins will be the best thing to do because selling your coins will only make you lose a huge amount of your investments.
178  Economy / Trading Discussion / Re: How to find good cryptos? on: July 11, 2018, 12:57:31 PM
Hi,

there are so many cryptos and I find it hard to identify the ones where I should have a closer look.
Obviously one can find cryptos e.g. by listening to shilling on Reddit. But I'm looking for more professional sources like YouTube channels, free/ paid Telegram/Discord groups and so on. What do you use?

You can always look on the platform before investing a huge amount, there are a lot of people in the market who lose their investment because they always tend to invest on a coin that the price is increasing just because of the hype in the market.
179  Economy / Trading Discussion / Re: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ? on: July 11, 2018, 12:52:27 PM
Good day, mates.

My strategy is to buy coins when the price drops sharply.

Sometimes I fail, because the price drops more than I expected.

But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.

With this strategy, I am getting some money so far.

In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.  Cool

Obviously yes, the market is based on demand and supply so you can always invest a huge amount every time the market prices are dropping and that is a very good opportunity in terms of earn profit in the market.
180  Economy / Trading Discussion / Re: A successful trader must be an educated trader? on: July 11, 2018, 12:51:18 PM
Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

Yes you are right, those people today who are still trading in the market are successful people because they knew if they will earn profit or not based on their ow research of information.
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