If you want to learn for free, there's always Youtube to help you out, just type in the right key word and it will give you a lot of results to help you out so if I were you, I will write down those tools that we use in trading and search them in Youtube. Investopedia is a good site to learn the definitions of terms used in trading. Try also following twitter accounts and blogs of known traders as they share some tips on trading.
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At current price of Bitcoin of $6,400 USD, breaking to $10,000 USD is very much possible.One reason is $6,400 USD to $10,000 USD is just 50% increase and we have seen this much growth from the past. Just wait till the Chinese Ghost month is over and you'll see the price of Bitcoin to slowly recover and go back to 5 digits.
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When to get in, select a coin or token hat is in Red with very low volume. Never select the ones that are already green because theres a very low chance that it will continue to go up and maintain its status. Always set a target and target should be possible, an 80% profits as a target is kinda not achievable, so lower it down to a level that you can earn profits fast and move to another cion or token.
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I am more excited to save my Bitcoins and wait till December 2018. I have not sold any portion of my Bitcoins yet as there is no need for fiat yet and I am looking forward for the price of Bitcoin to slowly recover and continue the uptrend till December. Just take a look at the price history of Bitcoin and you will see how lucky are those who bought a year ago and sold last December 2017.
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For me Hodling is a safe way of trading in cases when you don't wan't to check the price of Bitcoin from time to time. There are even times when I try to be a day trader but after selecting the wrong coin, I will shift from day trader to a long term hodler because the price dropped and I can't sell at loss. Hodling is an option if you want to trade but can earn more if you can trade more in a daily basis.
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Trading in times like this when price of Bitcoin moves most of the times sideways is hard for traders. But for those are very much familiar with trading in Cryptos, they know what to do and its not to stay away from trading to avoid further loses but to trade with caution and using trading tools to check the current trend and where the price is heading. Learn to read those charts and learn how to use it.
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If we don't call it an investment then what is it? If I trade in forex and earned some profits because the price of the currency that I bought went up against the dollar, isn't it that we can call it an investment because the money I spent in buying that currency can increase or decrease after a short period of time.
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Not yet, we are almost mid of 3rd quarter of the year and yet Bitcoin is still not mainstream. There are merchants out there that are not even familiar with Bitcoin. It may take a few more years before people will start to embrace Bitcoin since Bitcoin most of the time is being linked to illegal activities and other scams.
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since when H&S and S&C become a strategy ? it's a pattern not a strategy. market moves unpredictable and both of them can be used at the same time,because they're not strategy but instead they're a pattern. do not do it if you do not understand it bro,it will cost you a lot in the future if you use it carelessly
Very much agree with this. It will just tell you the possibility of where the price is heading. Unlike a trading strategy like scalping and shorting to name a few, its a strategy to accumulate money. Scalping is taking advantage of the current movement and movement should be fast enough for you to Bid and dispose at target price.
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An insider can manipulate the price since they are capable of knowing which coin will be listed. Remember the Coinbase incident where a suspected insider trading happened when Coinbase listed Bitcoin cash, that one is possible. But having an exchange site participate in such an act will tarnish their name and will put not only the brand but also the people behind it.
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If this gambling sites don't make money, they shut down in no time. They can't just operate using money coming out from their pockets. Its not a good business if that's the case. That's why they pay a lot of money for advertising and public relations. They hire bloggers to review their site and provide feed back. Just look the the services section on how many signature campaigns are out there promoting gambling sites.
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To be honest it would take miracle for price to be 50k by this year end. Even with some crazy path its still impossible even with ETF. Most promising could be price around 10k by new year, but this price could happen after next halving not before. There is no way that price could be 50k. Its good to be optimistic but this is obviously to optimistic.
Not really a miracle if you will check how much Bitcoin climbed from August to December. In terms of percentage, Bitcoin rise last year from August to December at around 300%. So at current price of Bitcoin, it may reach up to 30k or more depends on what will be the trend after ETF and the Chinese Ghost month festival.
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Most likely you get proposals from potential scammers that will say they have a good winning streak in sports betting, but I don't see any reason whats stopping you from placing your bet by yourself. Do you work offshore and tied for 30 days? That's the reason why there's online betting, for people are not comfortable in playing in traditional casinos or getting in line to place a bet in lottery.
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Its not only NEO that is suffering from this current bear market, almost all coins across the board is suffering. Some you may see is in green but it will not last long and maintain its uptrend, a pump and dump group may have pumped that coin to make it to the top but this bear market will not last that long as we are midway of the 3rd quarter. If we check the price of Bitcoin for the past 3 years, price goes up slowly during this season.
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I see 3 reasons why there's a sudden fall of Bitcoin and Altcoins. One of them is the anticipation of SEC decision of ETFs or Exchange-Traded Fund. Another is the on-going Chinese Ghost month festival where Chinese investors do not make any business decision until from Augist 11 - September 9 in fear of bad luck and lastly they say there's a manipulation going on but very little proof to back up that claim.
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No problem with many new exchanges, that means more choices for us where to trade and for developers that means they have more choices too on where to list their tokens or coins. For me, I always go for those that are already up running for a long time and I always look for those that have good feedback. I don't like the idea of being the first one to use a new sites for fear of being scammed and also their site security may not be as secured as advertised.
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Buy some when the price went down but be careful and read for any news and look for reason why there's a sudden drop of price. Most of the time, the price will recover if the project is really good. Sell some if you hit your target, that way you already locked in your profits and continue to hold on to some to get more profits.
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how i can start??
Create your own thread and set your own rules like how many days is maximum, how many percent interest per day or per week. What would happen to the collateral if loan was not paid on time. Create a nice and easy to understand format. What collateral should I accept?
It's already posted above on what are the acceptable collateral's and not. With altcoins better be careful on accepting those, make sure coin or token is good one.
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There are more users and holders of Bitcoin compared to 2 years ago when price of Bitcoin was down to 3 digits. More people are using it, more merchants accepting it. So going back to $1800 or $1500 is quite impossible to say unless there's too many confirmed negative news that will hurt Bitcoin and its price.
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The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
Bitcoin price has been moving side ways for the past few days. It may dip a little to below $6,000 but it will rebound to $6,300 and move side ways again. Day traders can make a lot of profits for this price movement specially those who are very much familiar with charts. But for us holders, lets just wait for the end of Chinese Ghost month and lets observe if price will jump back to $8,000 or perhaps back to 5 digits again.
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