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161  Economy / Trading Discussion / Re: Master the trading on: July 04, 2018, 03:24:43 PM
They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
It will depend on you. Because it this world every person have not the same brain. It will depend on your learning practicing more knowledge about crypto currency. And I think only learning cannot make you as a good trader if you do not practice with learning. so learn and try to trade with a minimal amount so that you can get the way of the successful trade.
I kind of satisfy with your answer guy. Everyone has their own capability of understanding, but how one can improve well his skill to be more professional, It would depend much on his practicing. In fact, you should remind yourself it’s not really depending on your brain in order to be an expert trader. The most important factors is how much aspire that you want to get to conquer the knowledge about trading, it’s when you focus on learning rapidly with tireless efforts.Besides, you should train yourself about the way of using time because when you know how much time you may spend on something will help you to save time efficiently. Anyway, the more you learn, the more you can get. Training yourself of learning everyday as a habit will lead you to be more professional.
162  Economy / Trading Discussion / Re: Day trade is more a lucky thing or skill on: July 04, 2018, 02:24:29 PM
Day trading will never be based on luck because it is all about skills because if you have skills then you can minimize the risk of losing money in day trading since it is very risky and you are playing with the volatility of the market day to day and if you will just base on luck then you have a high chance to lose a lot of money since you don't have foundation to rely on.
Both of luck and skill play an important key in earning benefit from day trading, but luck factors just influences a little percentage in day trading field ( about  15%). Because we all know that when we start joining in day trading, we have to prepare knowledge about it foremost for understanding and analyzing and that sort of things. Gradually, you build your own skill that what most necessary individual features to gain profit. We have to keep learning, reading to improve skill daily,monthly… Imagine that if you’re a trader, , you don’t know or know less skill for trading and you just sit by yourself waiting for the luck, you definitely never get success in day trading at all.
163  Economy / Economics / Re: why the state does not print a lot of money? on: July 04, 2018, 03:25:37 AM
Because they know that it will cause a negative to the economy of that Country. If that's the solution to the problem, then it should have been done a long time ago. but it's not the way to pay any debt of a country. The Government still need to keep the balance in every Country, even the printing of their local money.
Exactly. Before seeing his question, I just think that most of us know this sort of information but it’s out of my thinking. If a state prints more money and much faster than the growth of real output, it would definitely decrease the value of money and that will lead to inflation. Most important, the hyperinflation may be incredibly cause damage to an economy. Printing money command must follow to the law. Imagine if most of the countries around the world print more money every year, what will happen? Our world will live in chaotic life.
164  Economy / Economics / Re: Is wallet security important to use? on: July 04, 2018, 02:57:40 AM
Always be vigilant and alert, I've been in crypto for about 6 years, and the only time I've lost crypto was through btc-e though that was out of hands. Some people can really be lax protecting their private key, forgetting that, that is all a person needs and your funds are gone! Definitley read up on latest sec and encryption news to learn how best to protect yourself.
Exactly. When you are in crypto market, you have to put security and vigilance on top priority in every activity or asset. Yep, Security of a wallet plays a very important role. Truly, it’s completely not easy for anyone of us to protect our wallet. Especially, when we use an online wallet, we have to extremely cautious because it goes without saying that anything which is connected with internet always bring us a partial risk. Some hackers probably keep an eyes on our wallet and steal it whenever they want. I’m mostly prone to use wallet that does not need internet connection because it’s partly much safer. Most importantly, we should keep learning to have an intimate knowledge which can help us to protect ours better.
165  Economy / Economics / Re: Cryptocurrency exchange got bigger on: July 03, 2018, 09:13:05 AM
The number of exchangers is growing but I can not say that among them there are worthy of attention exchangers. TOP 10 most popular exchangers are the best and I do not see the point to use others. Using a new exchanger is always a risk. I think that most of them will close and eat users who at this moment will use their services will not be lucky.

More exchanges site it means crypto currency are improving and become popular in many places. And also it means there's a lot of people that using  crypto currency.
I kind of agree your answer guy. We all see nowadays the number of exchanges increase incredibly and yep it shows crytocurrency is going more viral in various parts of the world  and gradually people are much aware with the benefit that they can reach from cryptocurrency. However, the more exchanges created, the more complication we may face in choosing a good exchange to join. Because some exchanges can be created for scamming people to get benefit. We thus should be more careful and vigilant  before picking an exchange.
166  Economy / Economics / Re: The panic seller irony on: July 03, 2018, 08:28:00 AM
that's what happens when the only knows of fortunately bitcoin but could not understand the risks and analyze what happened. panic became a thing that many people concluding when their investments fall. This is not a cruel market, however wrong they are not yet ready to enter the crypto.
i think that we all know panic selling while investing is just a normal and natural thing in crypto market. and all of us even know that panic selling is really not a useful decision which may help us to reach a good income.  but rarely do i see that most people can reinvent theirself to change this sort of this bad habit. i wonder people prefer hearing positive result than negative result, so why they don’t think in positive way foremost so that they can act positively. just pay attention on your way of investing, trading , let keep learning and change our strategy if you find a little bit irritation in your strategy and don’t leave anything affect to your decision. That would lead you to not selling panic.
167  Economy / Speculation / Re: Bitcoin recovering ? on: July 03, 2018, 07:50:36 AM
Yes bitcoin is recovering and i hope that my investment will be double in the couple of months while the price normally rise after June and then its decline in the next year while if the demand still rise in the coming months bitcoin prices will show a huge rise.

stay patient, definitely bitcoin will rise in price and recover in the next few weeks,
this time the price of bitcoin at the price of $ 6000 and has fallen 70% all high time
There is no doubt that bitcoin will definitely have a recovery. Truly it’s quite normal when bitcoin got drop, because this is not the first time that bitcoin got into this case. If you are here for a long time, you may know that bitcoin would never in dip forever though it got any dramatic decrease. As you we can see, bitcoin is having a good trend, gradually getting a rise. Anyway, it’s such a good news for all of us. We’d better not to be panic too much because now bitcoin starts  rising, we will no longer reap fruits from it again.
168  Economy / Economics / Re: Bitcoin holders will have to pay their tax? on: July 03, 2018, 05:24:21 AM
What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
I think the government cannot force bitcoin holders to pay taxes.  Why? Simply because of the concept of bitcoin's anonymity.  They cannot trace whose citizens have bitcoin and whose citizens who do not have.  If they will add tax in bitcoin transaction, it will really add burden to bitcoin holder additional to transaction fee we paid upon processing a transaction. But no matter how we complain If the government will really impose taxes, we have nothing to do but to follow.  If we cannot control it, then there must be proper and clear regulations to implement and follow.
If the government imposes a taxation to cryptocurrency, it means they accept crypto for using as the way that fiat do. Although we all know bitcoin or many more coins characterise its anonymity, government will have their way to get tax from citizens.I suppose this issue is completely feasible, it's possible to occurbecause if governments  force us to pay tax,they can get much profitable .It’s not really necessary to know how many coins that one are owning to put a  tax but they can base on commodities, services or that sort of goods purchasing to force one to pay taxation. The number of people’s in this community will not decrease because they can use bitcoin easily and freely and just spend small percentage of their profit to pay for tax.
169  Alternate cryptocurrencies / Altcoin Discussion / Re: Most alts are worth Zero on: July 01, 2018, 05:54:28 PM
Actually in crypto market there are more than 4000 coin and token tradeable , but only about 1600 listed in CMC. Too many coins in the market and the market cap is low make possible for some coin to be worth zero. But this is depend on the benefits that they offer to the community, now all popular crypto was give many benefits so the price will be possible to going up more.
That’s right. We  should know that there are so many coins in the market right now. Thus the competition among coins is quite tough, if a coin has good technology and potential, it will definitely alive, but if it’s less of potential it would be more likely to be out of the market. within thousands of coins, there will have many coins which bring us a big benefit. It goes without saying that some coins may be worth zero, but not all of them. I'm sure that in the market there still have many potential coins and have trend to grow fast ,so we’d better to keep an eye on popular altcoins and picking these coins will be a good choice.
170  Bitcoin / Bitcoin Discussion / Re: How much electricity does bitcoin need? on: July 01, 2018, 05:47:46 PM
Using bitcoin requires Electricity to work, but I do not think it's predictable how much power is used all depends on who's using it .. and all also depends on the tools used to get bitcoin, most tools require more electrical power and most likely will be a lot of bitcoin to be in can ..
This is such a very difficult question for anyone who don’t use tool for mining. I think that only professional miners know this sort of information. Yep, I think it’s up to the tool that requires big or small amount of electricity . Often a miner,  who has a deep research on this field, will know what tool can help him to save more electricity. I think that to mine bitcoin, the miner probably  burn a huge amount of energy because in the beginning of this year, I’ve heard the news that our government starts to increase the price of using electricity with miner.
171  Bitcoin / Bitcoin Discussion / Re: How to withstand whales? on: July 01, 2018, 04:32:36 PM
I really don't care about whales. I go about with my own trading business without minding them. I surf around smoothly without the burden of thinking, "what will the whales be doing next?" At one point, a time came to each of us when we got pissed with the fact that whales could manipulate the market. But it came to me, "why bother?" They have the upper hand!  It's not that I'm being pessimistic, I'm just being optimistic with my own business and not theirs. So today, I don't get affected with what these whales do. I have my own strategy which works best for me.
I completely support your idea guy. Eliminating the whales out of our head is one of the most effictient way for us to do well our business. I used to wonder why so many people draw their attention to whales, and they don’t know that it’s better off going on their our own way . When one cares about whales, he let whales obstruct their plan, and he even doesn’t know that he is neglected and that would affect him a lot . That’s one of the most popular reason leading many people to failure.
172  Alternate cryptocurrencies / Altcoin Discussion / Re: Why people want ETH to over come BTC on: July 01, 2018, 01:03:09 PM
Ethereum is a platform,and bitcoin is just a useless speculative cryptocurrency with no value except for the cost of its production.
You might be true but I don't see any proof that people like more ETH than Bitcoin because until now the dominance in the market is still control by bitcoin.
We have seen the market move, and that is primarily because of the bitcoin price movement, so it's hard to expect a rise of our altcoins when bitcoin will not initiate.
I think that it’s kind of vague to say people want ethereum to overcome bitcoin in the near future. If someone really want that, maybe he is owning a big amount of ethereum. Till now, almost all people still have trend to have bitcoin than others. Compare to bitcoin, ethereum is much cheaper, which provides people many chances to get easily. Moreover, in term of technology, ethereum is much younger than bitcoin, so it has a higher technology than bitcoin. However, bitcoin is the leader of cryptocurrency revolution, and always it shows the dominance in the market.
173  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano on: July 01, 2018, 07:50:59 AM
Cardano has faced a massive downfall in value by this price drop. Now it has fallen to the 8th place among the entire cryptocurrencies in use in terms of market capital. As the development team is strong enough to make advancement, surely it'll make a big difference on its growth scale.
Almost coins in this market both have to face with dramatic decrease, so Cardano case is pretty normal. I suppose Cardano will soonly show it great potential coin in the crypto market, but it generally will take time. Truly, it owns a high-technologied and professional founders which pave a good way for developing ADA. Moreover, Cardano blockchain has a quite new different feature from others, that is using proof-of-stake algorithm, while bitcoin and almost many other coins are just using proof-of-work algorithm. Cardano completely have capable of competing with many coins in the market. According to some experts,  ADA’s value will give a good news in long term.
174  Alternate cryptocurrencies / Altcoin Discussion / Re: Worried about Crypto currency future on: July 01, 2018, 05:29:43 AM
I do not think this is the end of crypto or it will end because crypto will continue to exist as long as there are still more new and upcoming icos and the stable and potential coin are gaining more popularity, the crypto community will continue to grow until it gets accepted as means of exchange globally. The price maybe down now but it will surely go up again.
All we should do is to stay away negative thinking about crypto market. It’s too early to judge the result of crypto now. I wonder why many people often incline to say in hurry that whether crypto will be end while it tends to downward trend. We’re here to exploit the benefit from crypto market, actually crypto has passed through many times having a recovery after a dramictic drop. we are freedom to join in this market, no one can force us to give a negative judgement to crypto market. Hence, I advise all of us should have a faith in crypto. It will sooner have a rise again.
175  Economy / Trading Discussion / Re: How to handle tough times in cryptocurrency? on: July 01, 2018, 04:18:17 AM
We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?



First you should not be in the position if you have a stop loss but since you are already there switching your strategy  to investing will be an okay strategy because sooner or later the market will recover. As of now you only have paper loss and you will only lose real money when you click that sell button.

Me personally I have coins for trading and coins that are for investing, You can try to just put in a little more money and buy new coins that you could trade and make sure you will follow your strategy and keep the other coins for investing.
You’d better to keep your head right now and keep away from negatives news. I believe that not only you but also many others are stuck in this tough time. Thus you shouldn’t get panic too much, let spend your time using all your knowledge to find a good strategy. I’ve heard some people said that waiting is the best choice right now, and I think it also kind of rational decision. But I’m prone to buy some coins, because definitely the market will be never in dip forever, it will have a recovery. Therefore if buying now, the chance for reaping fruits is higher.
176  Economy / Speculation / Re: When to buy more? wait till 6000 or 5500? on: June 30, 2018, 11:43:08 PM
Technical data hints that it can go down to 6000 or 5500 level.
What do you think?
You are your own mate, don't get influence by other and end up regretting your decision due to others opinion or fake analysis. You cant really predict the market, everyone can say buy now but it's your money , you can lose everything in an instant with wrong decision. Trust your self only.
I agree that you should believe on yourself instead, rather than believing some calculations. You'll definitely regret it and blame the one who did that calculation. And I agree that you can't really predict the market because it's really volatile right now, you should come  up with some strategy if you don't want to lose a high amount of money. And also you should believe on yourself.
Exactly. You’d better to believe in yourself and make a decision by your own analysis. When you have capital in your hand, all decisions that lead you to bad result or good result would depend much on your choice. In crypto market, often it provides you opportunity to buy coins you want. Thus, you should take a deep research before buying any coin. Most importantly, you should believe in your decision, don’t let anyone affect you . Almost people buy with low price and sell with high price, now with the current fluctuation, you may pick a potential coin to buy.
177  Alternate cryptocurrencies / Altcoin Discussion / Re: possibilities for crypto on: June 30, 2018, 05:34:40 PM
What do.think will happen to crypto currency year form now? Will it be legalized? Will be banned by some? Will it be controlled by the government?

It looks like the possibility of legalization will be greater than the ban. Because of course in the future, we will be more familiar with the technology, and the possibility of the transaction system will be different from today. And blockchain may be the way out for business systems in the future, and the government has little choice but to compromise.
Not really. Till now most of the countries accept crypto is quite fewer than the ones don’t. However, as we can see that in this year there some new county accept crypto, and it’s such a great news which pave the way for cryptocurrency to be more developed in the future. If one country recognize crypto, some other countries will have trend to support it gradually. I don’t know whether all most parts of the world will take crypto as legalized currency or not, but now it always shows it highly potential. I therefore believe that cryptocurrency are mostly able to be accepted in near future.
178  Economy / Trading Discussion / Re: Is Forkdelta safe platform for trading??? on: June 30, 2018, 03:58:54 PM
Is it safe to import MEW account with Forkdelta and trade?Huh i am new to forkdelta need help and suggestion?? thank you in advance.
I do not think it will provide good security, we know that delta is very vulnerable to hacking and for example is etherdelta that repeatedly gets into trouble. as well as you send the coins you will sell to forkdelta by making a new wallet in forkdelta.
I kind of  agree with you guy. It would be more secured if you create a new MEW address for forkdelta. Always, crypto market involves a big risk, so if you are not careful, you will be stucked  in it with regret. Each of exchanges both has it advantages as well as drawback. Maybe it’s quite attractive that forkdelta is a decentralized exchange that allow you to trade Ether and Ethereum-based tokens directly with another users. However, it’s such a new exchange, we therefore get lack of information about it, be caustious is much better.
179  Economy / Trading Discussion / Re: day trading for quick profit on: June 30, 2018, 03:47:22 PM
It needs a huge amount of capital if you want to make a profit of 50$ daily and let us say that the conservative daily profit is 1 to 3 percent it needs at least 50k for a start but it take a lots of guts and luck if you make a 50$ daily profit with less amount of money to invest or just 1/10 of your capital is your daily profit. Crypto is riskier for a day trading.
It’s such a great goal for reaping huge fruits in crypto market but actually it’s not easy to earn this amount of money daily. I don’t mean that you can’t, you completely have capable of getting a fixed income like  that but it would depend much on many factors. Your ability, for example, probably consists of knowledge, experience, and skills. Those factors may help you a lot for making accurate decision or analyzing as well. Besides, yep the luck also plays an important key for your strategy. Because as you know that the crypto market characterises its extremely volatile, thus can lead you to loss quickly.You can see with this crutch time of market, you completely have less chance to get benefit.
180  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Anyone from here using TRUST wallet on: June 30, 2018, 02:35:28 PM
My word of advice is this - no matter how secure a wallet provider is. There will always be some exploits to that secured software because no system is safe even cold wallets has a critical vulnerability that hackers can hijack your account. The best way to protect yourself and your coins is to educate yourself from this attacks so you wont fall for their scheme's.
I kind of appreciate your answer guy. Nothing is really safe for storing your wallet, as you know not only your wallet is stolen but also almost all of members here are both more likely to be stolen, you’d better to accept this tough rule of the market . Truly, when a hacker keep an eye on your wallet account, you will be in trouble to keep your wallet securely. Because we all know that hackers are considerbly flexible, well-technologied, they generally try to find all ways to steal yours. Yep, till now the best way to defend your wallet is to improve your knowledge, besides you should be highly cautious.
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