Well I would say that skill is the main thing you need to carry out any job be it day trading or long term trading.  Day trading on the other hand day trading helps you earn small profits due to price fluctuation. Besides, there is no intervention of luck in business but only hard work and on time work.

You have an idea and you execute that idea in the market and the market needs it, you would have a big number of costumers. Same is the thing in crypto. If you invest in a coin and the coin had good market around itself, you will be better off in future.

There is nothing new which is happening to the bitcoin as this is the nature of the bitcoin because of which we are experiencing this kind of fluctuations in the market value of the bitcoin. There is nothing much to be worried about and that you have to stay patient and you need to keep on holding your nerves as this will not let you make any kind of foolish decision.

That is your good quality that you showed up at the end that one must think and decide himself as per his own objective. It often happens that someone ask something and on getting so much answers he blindly start following anything attractive to him. But make sure what is most attractive to see could be most worst and harmful to you as well. So, research before you proceed.

Profitable coins are Bitcoin, Ethereum and. BITCOIN CASH, they are biggest in the market as of now and they can derive as much money as possible, if you trade carefully. Another thing you have to know is that if you’re into trading you’re going to be making daily profit and loss.

Crypto trading is different from Hodl. HODL takes a long time before you can make profit. No matter the coin you’re trading, you will always make profit. But when it comes to which coins are profitable, then it’s the three I mentioned above.

I do not think so. The dollar is a very stable currency and extensively involved in international trade. The amount of USD outside USA is much more than the amount in circulation in America.

This means the demand for dollar is high and every country that trade in dollar wants to keep the dollar because of the low fluctuation and high stability in the value of dollar. So there is not chance in the near future for crypto currency to replace dollar.

Of course it is important to be able to recognize a genuine coin that can easily replicate the worth of your investment. Besides, it is a subjective topic and one can approach it with different opinions in mind depending on whether the investment is short term or long term.

Normally this is a general trend that people prefer Bitcoin for long term investment for several reasons like high profitability and high liquidity when the price is normally stable.

Several countries which are developed countries have accepted the cryptocurrencies recently including Germany due to which crypto popularity increased a lot and now after observing the progress of Bitcoin’s countries other countries are thinking to adopt it as well for they also want to make progress. Even countries with highly damaged economies are looking for it to use in their countries.

Since the inflation is on the rise in almost all the developing countries, majority of people who deal in Bitcoin from these countries intend to earn only with Bitcoin. But this is of course not a permanent and regular market and you can have passive days of loss as well.

So the concept of traditional business has not yet faded away and the family needs could also be met by having another source of constant income. What motivates me to invest in Bitcoin is the fact that it is the future international currency and will be used across the world without having to go for the exchange of currencies.

First we done with this bear market then we will look into the bull market as the current situations are favorable for new traders which is a great opportunity for them to get such a valuable coin on low price which is more than anything. If you are facing with problems here then start learning about that because it will enable you to look into everything and wait for the bull market which can appear anytime.

This is called the progressive taxation and you are taxed according to the rise in your income. Besides, this is something that the state has to rely on if the economy is not in a very good shape.

It actually shrinks the gap between rich and poor of a country and has been a good portion of the GDP of almost all the countries except Dubai where it accounts to only one percent of the total GDP. In countries like Norway, taxation contributes up to 30% to the GDP. This is the reason why the living standards have been so high in countries like these.

You are right about the recovery of Bitcoin and the rising trend we have in the market. If you check the market charts. So far we had an addition of more than $2000 in the value of Bitcoin since July but another fall has been observed in the past few hours.

But this is just because the market price for Bitcoin is volatile as well as because of the dynamic nature of the market. The price is still stable and the rising trend will go one till we have Bitcoin more than $20000 till December which has been speculated by so many Bitcoin experts.

That is very nicely explained. Real businessmen never degrade the market value just because of the fall in the price and this is what makes them different from the rest of the people. I am also very much optimistic about the recovery of Bitcoin and since July we have been observing good rise in the price charts of Bitcoin.

The appreciation in the price of Bitcoin has actually started catching investment because people think the future value will be much higher than the current cost of their investment and they might cash big. Hopefully the prediction about the December boom will come true.

I often do not go in the traditional way of thinking and one should always think in a disruptive and more innovative way that can outshine the traditional ideas for the technology is progressing every new day and there are limitless possibilities. One can earn big without loss as well. It all depends on the mind set.

The more you are learned about a given asset, the more you will be able to execute your ideas around that asset in a way that would reduce your cost and would maximize your profit. Choosing the right coin for investment, investing in the right time and holding till you get the maximum will not incur you any loss and would rather earn you big money.

Learning and having an awareness regarding that of the crypto currencies or any other thing are two different things. One can learn anything by spending enough of the time in knowing more about that particular thing but he has to work really harder so that he can excel in that field. People are getting to know more about the crypto currencies and that soon they will also start learning more about them.

This is wrong and that is the reason people do not pour in their money into crypto just because of the fear that government will tax them for the money they would earn in crypto or mining. A progressive tax is something that will be issued on your name as long as you are earning in crypto and with the rise in your profit.

Besides, implementing tax on mining is something that will discourage the activities of mining because of the already high process of electricity and the cost of investment.

Do you really want to be poor? I am sure no. not you and not anyone else like you have talked about. The thing is, people need to upgrade them once they get enough education that gives them sense to make things better. But still, there is a big population part that isn’t even ready to make their lives better. They are still underdeveloped and want to be like this always.

I like your concept about long term investment in the growing market which has logical reasons and that it is profitable and can incur you good money as well. We have seen people earning good money by investing in Bitcoin for long term. But about the falling market, I do not think the fact is the same always.

What I feel about the falling market is that it does not last forever and if the worth of your assets is going down due to the down market, it will not be like that forever. Keeping the market for Bitcoin in mind, we can say that a rise or fall in the market price of an asset cannot be regarded as the market failures.

This is good approach to investing in crypto and starting trading in coins. Choosing the best coin for investment is sometimes a challenge but when you have good knowledge in the market and about the technology, you are better off with the investment in the end because with every indicator being positive, the market is expected to go up till the end of the year due to high demand for crypto because of the rising value of the portfolio and hence the profit margin.

Yeah this is best advice that is dire need of time now. As we all know the world is totally moving towards technology and the development of human race is even amalgamated with digitalization. So don’t just let yourself down rather take it as best chance. You have good time to make it through. You may regret in next few years if you don’t take a good step this time.

One has to be a time observer while trading crypto. Be sure the market is ready for your product and you can only sell if you are selling your coins. This is very important. Besides, having some good knowledge about the technology and perfect market information guides a lot in deciding when to buy or when to sell.

Normally when you have a good profit margin in crypto, you should sell your coins but should not sell the entire portfolio for leaving crypto after earning isn’t good. Crypto is not only for profit but for so many other services.