I was a trader awhile back, I want to say about a year ago now and wanted to know what the current state of the market is for the traders that are currently trading to this day? I know a lot of the current exchanges that I used for trading, such as Poloniex, are still around but aren't really being used much as before.
I wasn't able to profit much but would like to hear how people are doing these days. Thanks a ton!
I think,better to hold bitcoins for long term instead of doing trading.Trading has a lot of risks and it is not easy at the moment.Buy and hold is often more profitable |
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should I trading? or make an investment?
Trading and investing are legitimate ways to make your money, but it is your individual temperament and psychology that will determine which method is right for you. |
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Hey all, I’m conducting a research on cryptocurrencies and I’m especially interested in why people choose Bitcoin. And since you are bitcoin users/experts, I thought you would be the best people to ask. It would be great if you could take the time to answer my questions (anonymously), I promise it will take no more than 10 minutes. Click on the following link to go to the survey - https://uvacommscience.eu.qualtrics.com/jfe/form/SV_3lzs2sI13cKH1m5?source=bitcointalkIf you are interested, I could post my main findings here. Thank you. Bitcoin was the first ever cryptocurrency that was created.It's a currency that can be a future for everyone We can invest in bitcoin and gain a double or even triple interests |
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I see alot of people are holding Bitcoins and are convinced that their coins would multiply in value. The same people preach the Bitcoin ideology that its P2P, decentralised, low to nil send or receive etc.
However, only a small group of people today are using Bitcoins as they were intended. And the fees are not exactly cheap to buy Bitcoins, not to mention those exchange places are basically like banks.
So my question is, are you a True believer of Bitcoins and other Cryptocurrencies that it will one day replace paper money, decentralised and all. Or are you only a believer that the price will continue to climb and you'll one day be a millionaire?
I simply find it fascinating that its apparent, people are preaching the benefits of Bitcoins but they are not using them. Preaching to newbies and drive up the demand and prices of the coins.
Rather, I would love to see people who really believe in Bitcoins, actually going out there and using the coins to purchase products, send/receive coins and let the coins circulate around. I would love to see that day. When the prices are not so volatile, and the coins are being used as they were intended. However, not being volatile also means the prices would rise sharply like it has been this year, which also means you wont be a millionaire holding onto them coins.
So are you a True Believer?
Some people has predicted that electronic currency such as Bitcoin will replace paper cash within a decade. But, all sides agree that digital currency will have an influence on the fiat currency systems of the world.Only time will tell. |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
Because it is easy to send and receive money from all over the world.It is fast and cheap to transfer any amount of money anywhere. |
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I don't think paper money will be banned.because not all countries in the world adopt digital currency.
so, paper money will still exist
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October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?
I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.
I am also surprised that the price of bitcoin is rising and bitcoin price seems to continuously increasing and bitcoin move has become unpredictable |
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The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin. Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently. Which factors of bitcoin instill this validity of investment? Watch VideoFor me,Bitcoin is a money/currency. i can use it for buying things, i can convert it to fiat.Bitcoin so far the best currency of this time |
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Bitcoin price is currently unexpected.But, I believe that bitcoin price will continue to rise in the year 2018
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
I think, many people will use Bitcoin in the same way like the fiat money or use it for another purpose.It depends on the people's intention |
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bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much
Bitcoin is very promising and has increased its value many times.and the more countries adopt it it will continue to increase. |
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Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
Some people tend to sell their bitcoin because they need the money and use it as they pleased.and only a few percent are sold, partially is held until the price high |
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will you still buy in this current price?
Yes,Buy as many as you can as soon as you can. it will still be cheaper than buying in the next months or years. Bitcoin prices continue to rise from year to year.the growth within the year has been incredible. |
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Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.
A very fluctuating rise in the price of Bitcoin is essentially a commonplace for Bitcoin users or traders. Where these conditions can equally be a momentum or a lucrative golden opportunity when Bitcoin users can use it well, ie buy when the price of Bitcoin down, and sell it when Bitcoin prices rise. |
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Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?
Trade failure is caused by several factors. The main factor experienced is none other than the fear and panic of the market turmoil I usually try to be calm in everything, and train my body to not be affected by the circumstances.It will make me ready to face the worst conditions in the market |
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With Bitcoin falling so much this week/month, do you think it's a great opportunity to buy in or time to cash out?
I prefer buy when the price of bitcoin is dipping and wait future rise, it's will be a good time for holders. If the market is crashing it's not advisable to sell because you will loss |
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how popular is bitcoin in your country? in our country ,more and more people invest in Bitcoin now . Is there any good news about Bitcoin from your country? https://www.aicoin.com/chart/31D70E6ABTC: BTC is hovering around $10,000, whether price bounces back or not will determine BTC will continue the uptrend or start a downside move with a major correction. The closing price from tonight to tomorrow morning is very important, if price remains above $10,500, we can hold on to our positions, if not, then reducing our positions is the best way to avoid risks. 5-Day MA strategy still applies to current situation. BCH: It’s normal for price to bounce back to $1,300 after breaking below $1,520 and price will find support at $1,300. But it seemed unnormal for BCH price to go against BTC price this time as the major adjustment lowered altcoins and major coins prices, indicating the change in funds and signs of retreat. LTC, ETC & ETH: Basically, all of them shared a same price action which was extremely weak after a slump in price with increased volumes. Moreover, they all broke below the support at 5-Day MA and showed no signs of fighting again the downtrend. ETC, however, seems to be the strongest and should be your priority when price bounces back. Reducing your positions should be your main strategy for now. Altcoins: Dash seemed the only one experiencing an increase in price among altcoins, price is under a pretty strong control and holds the possibility to go wild. 5-Day MA strategy is still recommended for further operations and stop-losing level must be strictly set. Original by Kuang Ren, translated and posted by AICoin Jami. Bitcoin is not so popular in my country. only a few people know about bitcoin. I hope the government in my country will adopt bitcoin as a legal means of payment someday |
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