Unpredictable is good word. When you are in.trading business things can go so smooth and you are making nice profit but very soon this can change and you start to lose or getting nowhere. There is no proven strategy that will ensure you to be profitable all the time.
And if you want to earn some substantial amount you need big starting capital.
for me trading is one reasonable job. trading like any other job. oh yes, trading does not require a large capital. we can start from very slightly. for example, we can trade altcoin to conserve our capital. yes I agree unpredictable but having knowledge and experience would definitely up your chances when trading. you may lose some, but from experiences the movement of the coins will not be negative all the time yes that is right that trading is unpredictable but for those who have no experience and having no skill of trading as there are so many people who are really good in trading. and their prediction in trading is also very good. There is no way to predict everything all the time, there are always things that we cannot foresee like sudden economic crisis, natural disasters, business doing fraudulent things, etc. Yeah and no one can predict exactly what's happen gonna next even the experts may make wrong move by taking wrong decision which can result in loss, trading is surely an risky business. Those things can bring down the price in one fell swoop. That is uncontrollable unless you have insider access. But if things are all normal, you can rely on your chart and news to predict accurately. |
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Every newbie should start with trading a small amount of money, we can start with small amount of course as there are a lot of trading sites here that accept a minimum amount to start trading, in fact that is the advantage trading in crypto world that the other trading sites.
That is right, you can start trading by 100K sats. The advantage in that is you can test your skill without risking too much money. If you lose, you only lose little. But if you win, you gain a lot of experience and that is a win even if you just gain small amounts. And that is good for newbie and even those who are trying out new trading strategies. |
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Yah. The longer BTC is held, the better the profit would be. The price has increased now and it is going to go more. Many have already seen the profits and again bought more bitcoins and holding it looking for a price more hike. Too much investments now would pile up the wallets with good profits. Almost everyone is waiting for the moments to cherish.
i agree with you and you are right that longer bitcoin holding is very profitable and adoption of bitcoin increasing and bitcoin price is also increasing too much quickly day to day and people buying bitcoin and then hold it for high price and its way is very profitable . Maybe holding bitcoin for a long time will be profitable. It can give you x2 profit. But because bitcoin have a very volatile nature, the price goes up and down very often. I think taking advantage of those moments is more profitable than just holding your coins for a long time. |
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Can anyone help me how to know if the bitcoin price will decrease?
and how to trade bitcoins and earn? 
Because i invest bitcoins in yobit.net but i didn't know how to properly trade bitcoins. You should have studied how to trade first before you put your money on anything. At least you could have learned the basic like reading charts and understanding candlesticks and the like. No one can tell you exactly when the price will increase or decrease. You must rely on your own understanding and speculate on your own. It is the best way. |
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maybe they made a lot wallet to make a lot of clone accounts as well ..  Maybe right Maybe theres are really something reason why people are using bitcoin multiple wallets because some of bitcoin wallet they don't want there services are receiving bitcoin from any gambling website this is one of the reason and thats the reason why they are creating another bitcoin wallet/ Now that you mention it, you are right. I also did that before. because one of the wallet I have do not accept bitcoin from gambling sites. It work out for the best because now my funds are more secure. |
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Saving money is possible and even necessary, but not for all this activity. My wife do exactly this can not and will not learn. The fact that it is necessary to suppress the urge to zapoluchat something that you do not need or are you without that you can do without problems.
LOL!, I think we have the same experience, my wife too do not know how to save money and that is why sometimes I do the managing of my income. But since I love her, I have no choice but to understand here and pray that she will realize soon that savings is also important. That is a pain. I thought woman are better in handling budgets but in your case it is the other way around. I hope you can enlighten her as soon as possible about the importance of saving and managing finances. This will greatly affect your future. |
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since i already given suggestion that to earn and then complete your need of btc , now a new idea in my mind comes that we can make loan at this forum , because i found some threads where some persons successfully getted the loan and also they returned in the given time .
so if you are trusted you can make a loan .
You mean to say that if we need money then we should go for loan? Well that can work but it can be a time consuming process and we also need to have collateral to pay and if we don't have then no one will prefer to give us loan. Right, no one will give you a loan especially here if you do not have a collateral in exchange. And getting loans sometimes have large interest rates that will make it harder to pay back. But if you are really in a dire situation and loans are the only solution, you have to bite and accept the interest rates. |
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i am not agree with this statement, i think no one will like to hold bitcoin for ever but some people hold it for short term investment while other use it for long term investment.
Of course, if we are thinking of profit, we should pump and dump according to the volatility of bitcoin at the time. It is not wise to hold forever if we want to make our bitcoin grow. It is good to spend bitcoin once in a while, it is good for the economy of bitcoin and profitable for the user as well. |
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If you are a BTC lover, would you one day like to get your paycheck 100% in BTC? Personally I won't. Because many facilities in my area doesn't support BTC payment.  I do not mind receiving, say, 20% of my pay in BTC denomination. yes , why not and with the payment as salary we have opportunity to earn some money again by waiting for some time . still there are some chances also to get the price down but our prediction also work with our hold btc . And what will you do if you need money desperately or price fall back to $100 or $200 will you still prefer to wait for the higher price? In that case you will sell your coins for loss as you need money for your basic needs. That is quite intense price fall but the same can be said to the price rising to 900 or 1000. If you want to receive salary in bitcoin, you must be ready to face the risk. I think anyone who are ready to receive bitcoin as salary understand this risk by now. If you cannot take the risk, then stick to receiving salary in fiat. |
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Solid traders indeed move forward quickly when making a bad trade that costs them money, but I am not talking about these traders. I am talking about the people that can't accept any losses, and don't know what they did wrong, and when to stop.
If you mean those types, then they should rethink and consider another line of source of income because they are not fit to do trading. Trading could be harsh and brutal at times, and if you can't accept losses then find another work. |
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your idea is good but I dont think uber will like the idea of you getting tips in bitcoin.Are you in some sort of contract with them?I dont know how they work in your country but here in my country they have deal with local taxi drivers and they have to follow fares set by uber and if some driver charges extra,they revoke their agreement
I do not think receiving tip thru bitcoin breaks any rule. Tips are given out of the generosity of the passenger for the good experience or service. It is besides the fare. If there are a lot of bitcoin users in their community he might get a tip. Otherwise, it is a good way to spread awareness of bitcoin. |
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Had a problem with getting my Dash out of Yobit about 1.5 months ago, and it pissed me off to no end. The problem is, you never know when an exchange is just going to up and disappear with everything, like Cryptsy did. I'd say having to worry about whether your exchange is going to survive the night is really bad.
Other than that, I haven't had issues with trades not going through. I've been pretty fortunate. The altcoin trading world is kinda crazy, and I'm taking an extended break from it.
That is why you do not keep your coins in the exchange for too long. You have to transfer it to your wallet so you will not risk losing them when the exchange/trading sites suddenly disappear. You just have to bear with the transfer fees. |
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I don't believe you can really have some profits with a low amount by trading.
I think you should set yourself a minimum of at least 200$ if you want to see some profits.
So if you did a great trade and you are at 5% profit, this profit will be 10$ which is a nice amount, but if you start with 20$ for example, and you earn that 5%, your total profit will be around 1$.
I wish you good luck at trading, and take in your mind that it has a lot of risk.
He is a newbie in trading so starting small is good for him. He can test his skills with small amount and he can know if he will do good in trading without risking too much money. He can continue to trade small until he is confident with his skills. and that is the beauty of bitcoin that you can start trading here from any amount if you have a very little number of bitcoin you can still do trading here by investing your bitcoin in alt section. That is right, a 100K sats is enought to start trading. Unlike in forex or stocks trading, you need large capital to start. And you risk losing large amount because you are just a newbie. But in bitcoin, you can practice in small amount and if you have skills and experience, you start trading in large quantity. |
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Is it possible to earn 1000 or atleast 100 bitcoins with trading Altcoins.If I buy some bitcoin at cheaper rate today and it's price goes up in future?Which alt you think has potential to make me 1000 btc
Everything is possible in trading. The only thing that will limit your income in trading is your appetite for profit. If you continue to trade and make profit regularly, you will be able to reach 1000 in a few years. |
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the best strategy trading use pivot point weekly
and combination use averaging or martiagnle
with still price is wrong prediction, because all indicator not 100% accurate
Yes, there will not be any best strategy to follow as market fluctuations are driven my events and news so chart and mathematical formula will not cover up everything. A best strategy still could be derived by our own experience over time. You need to work on error and trail method with mock trading to develop your own best strategy. I agree on this especially when you are trading altcoin. If you observe altcoin movement, all strategy is nullify, even reading the chart data and statistics will not assure you of the next trend. All you have to do is decide according to your instinct or play it safe buy putting our buy wall and sell wall in different prices. If you cannot rely on chart and other technical things to predict altcoin trading, you need tp be always updated in the news. It is the only thing you can do to be able to get on the right track in altcoin trading. |
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Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.
These people simply aren't made for trading and should quit immediately. They however don't seem to realize that. I think it's mainly due to the fact that it is similar to what gamblers are experiencing when losing. If they for example lose $100, then they will try to win it back, which can basically go on for quite a long time. Exactly that is also the case with people making loss after loss with trading. They are trying to gain it back while in reality they sink deeper and deeper. A true trader will not do that. If a trader lose, he will just shrugged that and work again. Losing is a part of trading, you cannot get away from that. All you have to do is accept that and up your game. |
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When trading What Matters More Skills or Luck?
Skills of course. Luck will just make the game easier but the main factor should always be skills. You cannot trade by just relying on luck or you are giving away your money. |
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to me bitcoin is too much better than paypal, as paypal is not universal where as bitcoin is a universal currency, bitcoin can be use any where having equal value every where, where as paypal is not available every where
thats true, if we compared bitcoin and paypal, I also choose bitcoin. Bitcoin is good payment. fast transaction and low fee and very easy to use. Well paypal now is going to adopt bitcoins so this comparison is going to be nonsense in the future. But as long as paypal is still not implementing usage and acceptance of bitcoin to their service I would gladly say that bitcoin is going to be better than paypal. Paypal has a lot of flaws with their service unlike bitcoin. Is this news verified or just your opinion. In My experience with paypal, they are very strict in following laws and avoiding money laundering. If they adopt bitcoin, it will go.against all they have been doing all these years. |
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I don't believe you can really have some profits with a low amount by trading.
I think you should set yourself a minimum of at least 200$ if you want to see some profits.
So if you did a great trade and you are at 5% profit, this profit will be 10$ which is a nice amount, but if you start with 20$ for example, and you earn that 5%, your total profit will be around 1$.
I wish you good luck at trading, and take in your mind that it has a lot of risk.
He is a newbie in trading so starting small is good for him. He can test his skills with small amount and he can know if he will do good in trading without risking too much money. He can continue to trade small until he is confident with his skills. |
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I make a lot of mistakes while trading BUT I think in total I have made atleast over a bitcoin from trading.
Ofcourse it's not that much for the time I have been trading but trading is very difficult and I am still in the "learning phase"
Is that 1btc gain? That is a good result already considering you are still in learning period. I think you have a good future in trading if you can earn that much at this stage. If you get better, you will earn more. |
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