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I am using Poloniex and Yobit.net. I am quite satisfied with both of them in terms of performance and security. In alt-trading, it is better to trade on polo because they remove garbage coins on their list. So you can be assured you are trading better coins.
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it can only if Trump goes ahead and publicly and positively starts supporting bitcoin! then yeah you can say because he was elected president bitcoin price will go to $1000
but which politician or government you know who supports bitcoin and gives up on their own fiat?
None would ever do that, only those who who have a much broader view of bitcoin and all the technological innovation it's brought along. Seems like the Chinese have a much progressive take on bitcoin. Yeah, we cannot expect that much from trump or the us government. We should watch more on how the chinese government will take bitcoin. They will have more positive effect to bitcoin. |
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is it possible that bitcoin will be accepted in local stores, shops etc. since transactions are to slow and customers have to wait until their transactions are verified. And nobody wants to wait.
Can transactions be seeded up to save customers time or any other way to use bitcoin at local stores.
I think this is possible since transaction is fast, only the confirmation that will take some time. Some times it will take more than 30 minutes to confirm a single transaction but I think that will just be fine. As long as the transaction is processed it will be confirmed. So I think It is very much applicable in local stores or shops. |
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having an own business has the possibility to give you a stable or steady income until the time that you are already retired from your actual job , but take note this is not as easy as we expected before having a business you should have a knowledge about management or anything that involved to business management .
I use to dream of earning online through my websites using google adsense, but its not that simple. There are webmasters who really knew what they are doing and they eat newbies like me. Running such business needs a lot of skills. Its better to just set up a bakeshop or probably a water refilling station. It is the same. There will still be a lot of bakeshops who will bake better bread than the newbie. Whatever business you enter, there will be people better than you. You need to learn from those people and make your craft better. You do not give up, you work hard. That is how you become a better and have a steady income. |
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I was thinking about this, what if the US Dollar crashes like speculated by many renowned economists around the world?
What will be it's affects on the beloved currency, BTC?
If us dollar crahes there will be a lot of opportunity in on its neighbour country. Like the value of our local products might have a higher value and at the same time there will be much cheaper value in foreign products But I am not sure USD is going to crash because current impact is going to end very soon as we have some good and positive feedback from Newly Elected President its not happening first time its already done before this because Election is running for every four years so its usual effect The reaction to the new us president is actually mixed . Some love hime, some do not. But I do not think that is enough to crash the dollar.it may fall down a bit, but it will bounce back. |
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Well it does look good seeing it grew at the $700 to 750 range from the 650 to 700. It will be more like this happening in December seeing the holidays coming and many might use their coin for buying gifts.
If I am not mistaken, last year, when the holidays enter the price start to climb until January. So I am thinking that we will be having a happy holiday this time. Maybe we will see the same price hike just like last year if it repeats again.  We cannot be sure about that. Past performance cannot guarantee future performance of bitcoin. And with bitcoin, just one bad news can bring down the price at a very low level. The most we can do is enjoy a high price while it last. |
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trading of bitcoin and altcoin is more better in sense of high earning but it is a risky if a person is expert in altcoins and know better about the developers and their activity then he will predict that which coin is going to survive for longer.
It is actually harder to predict trading altcoins and bitcoins than btc/usd. Especially on new coins because some of them are just scam coins. It is really profitable if get a good new coins but if get a bad coin, then you will end up zero if you did not exit at a right time. |
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Trump winning the presidency has no effect at all at the price of bitcoin, apparently. Maybe in the later days, if he signs laws that will affect bitcoin, then maybe it will affect the price. But him just winning the seat will not do anything to the price. But if I am wrong, I hope it makes the price higher.
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In my opinion, the best investment in the cryptocurrency space is Bitcoin itself. There are some altcoins that can be a good investment, but I think it is not worth putting a large percentage of money on it.
That depend on our definition of best investment, if we mean the safest investment in the crypto world then I will agree, If we mean the one that gives the most profit then you will need a coin with lots of ups and downs in order to profit from it. If it is a coin with a lot of ups and downs, then you cannot invest in it. But it will be good to make money from it thru trading. Bitcoin will still be the best online investment because it have shown great potential and the price is annually increasing. |
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I have not used a bot before in trading. What I do is I set up the target for buys and sells. It will automatically execute if it hits that price. I think you should also consider the fees when you make the calculations on setting up your bot.
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This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
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Even you have already a passive income I think you still need to work for it. You need to maintain the consistency or much better as time passes so you can have a continuous passive income. Like in blogging, you need to update everything and monitor it.
The thing is, even if you leave your blogs alone, they will still earn some money. That is the beauty of passive income. So if you have created a lot of passive income, even if they just earn some bits, if you put all of them together, it will be a good source of income. |
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Well , let's say you made about 0.02-0.03 BTC , can you start trading ? is there any limits for trading like minimum and maximum amount ?
where you guys think is a good place to start a trade ? share your trading experiments and recommendation.
I also would like to know at which amount you guys started trading [ personal experiment ].
Edit :
Sorry, i think i posted it in wrong section, if possible mod can you move it to the right section?
Thanks
I am trading at Poloniex. I think the minimum to open a trade is 100K sats so your bitcoin is more than enough. I also started at smaller amounts and I slowly make them bigger. The only problem with starting small is that it will take time to make a good profit. |
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what kind of a question is that?
successful trade is when you make profit
i.e. you recieve more assets than you put in
for you trade to be successful you got to know the market (or just be lucky)
I think the question is more on the process or things you need to do to be able to make a successful trade always. Everyone knows what a successful trade is but not everyone can make trade successfully. |
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I can't find other things that we can do for steady income. Even signature campaign can be closed/ Freelancer work is not all the time so obviously not a steady one. I would go for passive income first before doing some steady one. Well if you can also work captcha solving 8hrs a day maybe you can gain your steady income
Signature campaign is not enough. If you can find out a better idea like creating your own coin, it would probably best to try that too unless you are willing to keep posting until you can save more btc to invest on ICO. Freelancing on job sites can also be very difficult due to competition and while being a newbie its a lot hard to get a job especially if a user don't have a high rating from previous employers. Well i am not saying that signature campaign is enough but since we are talking some steady income then it could be on the list. ICO's cannot be considered as a steady income as well. Right, if you do signature campaign consistently, it can be a steady source of income. But it can be taken away suddenly too, so it is not really that steady. I think there is not much steady income in online world. |
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I am making bitcoins from May of this year, I have made already 0.25bitcoins with commenting and some gabling. Just yesterday I cashed it out to buy a new phone I doubt that I will get rich with bitcoin one day. Too many costs. My idea was to save 1 BTC, but I couldn't wait so long. by my calculations I would need to spend minimum 10 months to make that plan. So I decided to not save, I will cash out my coins every time when I will save more or less good amount. And as I get it's too risky to hold all your coins on the net, someone can hack the service where you hold your coins and you will loose all. Well, one characteristics of a rich person is one with commitment to plan and have discipline. If you cannot commit to small plans like saving 1BTC then I think it is better to not try at all and spend your bitcoins as you get it. About your bitcoins getting hacked and stolen, you can secure your bitcoin by not putting it on online wallets. |
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yeah i spending bitcoin in low amount and some bitcoin i hold for the future and becuase bitcoin will be increase its price too much higher and i will be get a big profit from bitcoin in the future.
There are some cases that I don't want to spend my bitcoins and just to hold it completely. But if there is an emergency I don't have choice but to spend my bitcoins or sell it and convert it with fiat. So, after spending it I am regretting and feeling sorry that I used to sell my bitcoins when seeing the price increasing because I miss the profit. There is no other way around it. If you have an emergency and your only source of money is bitcoin, then there is no other choice but to dump bitcoin and have some fiat to cover your emergency. I think I will not regret it even if I miss the price hike if I spent the money wisely. |
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If this is true, bitfinex credibility will greatly suffer. They have declared that they have a top notch security in placed and the clients money is safe. But now, someone has publicly declared that there is still a hole in their system. Even if this is just an extortion case, the clients of bitfinex may still dump their coins to get out of bitfinex and bitcoin price may still be affected.
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What's funny is this thread was created at a price still below the current price.
OP must be scratching his head right now. He shorted at the wrong time. I just hope he got out of his short when the price dipped last time due to bad rumors. |
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Is their any safe methods to gamble? Means without losing much of our money can gamble?
Any tips or suggestions?
There is no safe way or method to gamble especially on casino's and luck based game. If you put your money in there, it is only time before you lose all your money. Maybe it is different in Sports betting, but I have never tried that. |
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