TRADINGEthereum and Bitcoin appear to be separating. ETH is in a 14-day uptrend while BTC is still in a 25-day downtrend.
That’s a good observation and somehow the down trend is more down today. I’m reading all over the forum that Indian government has started some sort of ban. It’s not complete ban yet because the news also says that they will be looking after the implementation of the blockchain and thus its kind confusing news or update. This led to more downward moment of the bitcoin. I think what happening is bad news all over the globe making the non sense news and creating fear in the people. That’s why bitcoin being primary currency is getting lowered in the market. Hopefully this trend will be broken soon and we will see the up surge.  |
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That is a good list and its really generalised idea about the trading of crypto currencies. However we need more extensive study of the field and the coin which we are going to trade because without the sufficient knowledge we can never know how to play with hat coins in the market. There are more than 1500 coins to the date and on the CMC it can be clearly seen that after the top 50 coins what we see is just the crap. So my point being is never to go down below that line as long as we are sure about the coins below that point. There might be coins coming out of new ICO's but as long as it is not in the discussion or its not having more green trust we should not try out different coins.
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Why people invest in ICO when it is risky and these days most of the coins are dropping. Do you think ICOs are going to survive for a long time?
In the ICO stage we can always see the lower rates for the coins/tokens and this help us gain lot more profits than the general trading where we have to risk our money on higher prices. That is one of the advantage of the ICO investment. Apart form this I believe hat people find it lot more easier to invest into ICO and get something out of it as compared to the trading and other types of investment. ICO will survive for long time only if the projects are going to show some good development henceforth. If ICO's got regulated by all the governments then it can be even better as they will gain more public trust and thus can survive for longer. |
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After reading the whole article it seems that this man is trying to gain the popularity through the use of crypto blockchain. I mean there is no reason fro him to disqualify the pioneer that is bitcoin in the first place. He clearly mentioned that bitcoin has dropped a lot and might continue to drop this year. But on the other hand he speaks more about the successful currencies like Ripple, ETH etc. It clearly mentions that he is behind the money and not given a shitty about the bitcoin if it does not makes him fortune at all. |
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BITCOIN 10 COMMANDMENTS 1. Never invest more than you are able to lose. 2. Store your coins across different wallets/exchanges. (store your coins through hardware wallets for better security) 3. Buy low, sell high. 4. Understand and respect the idea of bitcoin and the intended direction set out by the creator and developers. 5. Take time to read news in full and assess if it is accurate and what it means, do not believe everything you read or hear. 6. Never allow your emotions to dictate your decisions, always take time to consider decisions and remove panic/fear from them. 7. Hold a diverse portfolio of cryptocurrencies to reduce risk. 8. Practice safe practices with passwords and private keys, do not ever share these with anyone under any circumstances. Give your cryptocurrency addresses instead. 9. Always put secondary securities if available. 10. HODL! So i was thinking of a good idea to help beginners to start their journey in bitcoin and other cryptocurrencies. Then i came into this. Would appreciate if you can contribute some suggestions that are better than mine so I can replace other commandments to make it look more better and helpful to freshers. These are very good commandment and helpful points to understand how we can go with the Bitcoin in perfect way. Many mistakes are done when we use bitcoin or invest into bitcoin and this is nothing but the life saver I think. I have made many mistakes such as not understanding the whole thing and just investing into it without much knowledge. Lost money many time during the process. That's why I find these very important. 10. HODL!Yes off course I can never forget this one and already got bad experience in the last year, so I'm as good as not selling it for whole year this time. |
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Top reasons that leads to fail in trading Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything.. Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin. Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover. For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading. 1) Solid Trading Strategy
2) Trade Plan
3) Money Management Skills
4) Reasons for Entries and exits.
5) Journal, News
P.s
I have quote some people words from my last topic
Thank you for sharing the valuable information here. I have also came across another third like this but you have additional point here that I lied most. Quoting here: Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover. Honestly speaking it does have lot of importance because putting everything in the same basket is like risking the whole life's saving and efforts to it. If anything goes wrong with this basket then we are as bad as screwed. I also follow this strategy where there is portfolio of at least five coins and that way we differentiate our odds of loosing money in single shot. Good one. |
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The prices will only hit the maxima of 20-25K I guess. Because to achieve that much price bitcoin will need huge market cap and looking at the current scenario I am not sure whether the bitcoin is doing anything great at all. For us to predict the prices of the bitcoin we will need to have more data on this one. I mean in the coming six months actual thing will come in front of us so that we can start applying our logics to predict the overwhelming prices. Lolz. Also at the OP, the 65-75K? Really do you think that it can happen and we will see that much prices. If thats the case then I'm going to grab 100 million dollars worth of loan and pay the bank everything back with interest on the 1st of 2019.  |
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I am very happy if there is a country in which there is a culinary company or a restaurant that receives payments with bitcoin, although in the country prohibits bitcoin.
like in bali, there is a restaurant that receives payment with bitcoin, but a few days ago I watched a show on television that the security forces closed the restaurant.
why are the security so evil? they only use it for food payments, not for criminals. or do they equate bitcoin payments as a crime? it's very unreasonable.
what do you think about it ?
Thats too determinant! How does anyone close a food chain? That might be for some different reason I guess because I don't see any point in the closing of the food restaurant. This is has to do something with the government authorities of that region. Because on the other hand there are medicinal stores, shopping malls and different coffee shops are accepting the bitcoin widely and the list of only shops is unlimited! Where the hell this government is asking their skills and why would they even take the action based on the bitcoin payment processor. Also I Have one question what did the government authorities did to those people who ate for until now and who paid the restaurant in terms of bitcoin. Did not they realise that how people are also interested in the bitcoin? No resort fro the democracy I believe, lolz,! |
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Reading a lot of New Year Resolutions, and I can understand many of you here have some resolutions that involve crypto and bitcoin. Maybe you want to earn a bitcoin, multiply your bitcoins or become a crypto millionaire.
So here is one similar question that does not necessarily has to be achieved in this year.
What are the things you want to buy with bitcoin?
Whether its a House, your favorite car, a yacht, a jet or a ticket to Mars. Whatever you dream, list the things you want to buy with your bitcoins (crypto).
For the year that was 2018, I had the wislist of buying Iphone X and Fitbit and I bought both. This year I plan to buy a abroad trip,a reclyincer myo gadget , a smart water bottle that glows when I don't drink water. Then I saw this camera life print camera with ar technology and I'm dying to get it. I do hope my bitcoins keep on going up and up so can buy more and more gadgets. More power to bitcoins. Hehe...Wow...That's amazing resolution you have. I too love the camera and want to buy it too. My bitcoins are stuck on the account. And I am waiting for its high price. I have so many reasons why I am earning through bitcoin. I also love music and I want to buy professional casio for me. Because of its high cost I didn't buy it till day. I sure I will buy it soon. ALso Bitcoin is helping me to run my business. SO Its good thing for me. I want to buy more because I will hold it for longer and definitely I can earn more money Off course that is the main reason . |
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In my country KFC is not accepting bitcoin . So cant say anything about it, /but in few countries they are accepting bitcoin as their payment mode. For rich people it might be a good news . Yes off course for others also its good. At least bitcoin will enter in the real market and others may get its benefits.
On other hand I think it can be their marketing strategy. And they are using to make their payment mode superb than other food industries. But I have many questions about it. Because as bitcoin prices are not constant then how people are using it. I mean their conversion then today's rate calculation. I think it is complicated.
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I think now in 2018 number of people who are investing in bitcoin are more. Because in 2017 we have already seen or hear that few celebrities has earned huge profit. In facebook , twitter or other social media also involved in the advertisement of bitcoin. So indirectly people are getting the information about cryptocurrencies. By looking towards those adds people search it on internet and trying to get more information.
So I think today normal people are also investing in bitcoin. Still most of the people dont even know what is bitcoin. I would say 60% people in my country know about bitcoin and only 50% are trying to invest in it.
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I think after 10th standard you can give them knowledge about bitcoin. You can tell them what exactly cryptocurrency is and how it is working. But dont aloow them and don't show them how to earn through it. Because I think This is very dangerous age of children. If they try earning by online mean then it would be difficult to stop them. They may try by their own and may be chances that they neglect their studies.
While giving them information be assure that they don't move in wrong track. Don't give such kind of information to the children during their school days. Always remember their education is most important than such kind of knowledge.
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well bitcoin before have been steady and slowly rising for years but many still buy and hold. speaking of profit those people that been buying and holding since 2009 have become rich. because of this pumping high and pumping low some people minds are affected by it and they only think of profit. what to do is buy and hold and leave it for months or years.
Holding bitcoin is definately good for future. But holding only for few months will not work i guess. Because those people who had already hold their bitcoin from 2-3 year back only getting good money. Now a days bitcoin price is not rising much since starting of January 2018. Bitcoin is volatile and it cant be steady for longer. So keep your hopes because definately it will rise soon. But we cant predict exactly in how many months it will take, Just wait, hold and watch... |
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Do you predict crypto to get to new highs or the opposite ?
I speculate a sharp decline on Cryptocurrency specially Bitcoin this year.
Call it a inner feeling.
I believe bitcoin and altcoins will be very good in this year.The price of all the coins has increased a lot.Hopefully, the price may rise again after a few days.I think bitcoin will grow more.Holding good coins can make many profits possible. I would say bitcoin will be good in 2018. I f we go back and see the previous values every year it is rising. In 2011 the price was 32 usd. In 2012 it was about 266 usd. It rose rapidly to 1268 usd in 2016. As per seniors prediction in 2017 it should be near to 9400 usd. And that prediction was true. In december 2017 the bitcoin price was 11000 usd. So we can say it was more than predict values. Whatever studies I have done till day I came to know that bitcoin will have good future in 2018 also. Though january is not its month i guess but we have to wait for year ending of 2018. |
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Take a look around the crypto community, both in meatspace and online, and it would be fair to say that the majority of participants are male. This is borne out in a recent survey of 2,000 Americans which shed light on the makeup of the bitcoin space, highlighting a stark gender divide. In fact Google Analytics data estimates less than 4% of bitcoin users to be female. The question is, why? Source: https://news.bitcoin.com/why-arent-there-more-women-in-bitcoin/?utm_source=WhyI dont think if women interesting in this kind of work. because we know that only few used bitcoin as you say there are only 4% of bitcoin users in the world that female. i think because it is in online and they think it scam or just bored and we know that men was more got interesting in one thing if we have gain in it and we know that women was do shopping in one things before it they got interested. we male was more on the online and as an male i fond in this kind of work that female think it is boring. Most of the the time i also experienced that women are not interested in such kind of online work. They believe on physical salary which they are getting from their own job. Whenever i tell about bitcoin in my friend circle that time also I observed that no female friends shows their interest in listening such stuff. Mostly They talk on shopping and all such normal things. As we see in the internet world also only boys are using internet for other online work. As that of girls are using internet only for their study related work , project purpose or keeping connections on social media. I think women are less interest in investing their money . So the are not involve much in bitcoin. |
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I think worst thing i did with the crypto market is I invested too much late in bitcoin . My friend was telling me since year of 2011. He had given me all necessary ideas regarding its future value and all. But I was not interested that time. Rather I didn't believed in cryptoworld. And today i am mad for bitcoin. I could be a millionaire if i would invested in it. That was my big mistake.
He had also given me some idea regarding signature campaigns that time. He told me that post your answer and you will get money for that. But again same , I didn't listen to him.
One more thing, he had set up his mining 2 years back. That time also I did big mistake and refused to do it. Today he is earning so much money and showing me..!!!
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If you have passion, you can teach them as early as possible, Just make sure that he/she won't abandon his/her studies, Because i believe Education is also an investment that will prepare an individual to greener pasture when the right time comes:)
I think you can give them knowledge of crypto when they are studing in school. But Just give them theoretical knowledge. Don't show them practically how you really earning . Because if you show them then they will think that its easy way of earning money and it may create bad impression on them. Moreover, after completion of their whole education while they are doing their job you can show them practically. But just tell them that it will just help you to earn extra money. Though you know that how strong it is don't allow them to loos their job unless they stand in market. Because now a days children are smart and they are always thinking of simple way of earnings. Its good think but i think for them it should be second priority. Thus in short while their school studies one can give them just knowledge of it nothing wrong in that. But off course education is most powerful tool in the world. |
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I don’t think all billionaires will be willing to buy bitcoin. most of them are business minded and actually thinks of various pros and cons prior to investing on something and they might probably have second thoughts for bitcoin. However there were surely other billionaires who risk bigtime for it.
Billionaires are business minded but they also wants to double their money by other means.So might chances that most of the big people do their investment on such online world. Because currently there is no hold of government on bitcoin in my country so there are chances for them to invest and save their tax related activity. Also they can show that they have got money from online world So they are safe at their place. Even we people get benefit because of their investment there is rise in price so it gives benefit to us. Celebrities also invested in the bitcoins as we have seen in the news and most of them already earned lot of money from their investment. |
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Bitcointalk username : Flexystar Link to your bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=37277Forum rank : Full Member Current post count : 216 Wear Signature : Yes BTC address : 1DXfyWKNQP4qwAJgg58qw9eU1AfvCN3fki ETH address that supports ERC20 tokens : 0xa06A9fBD1b450B403CD45E0Dc5412E635368B38C |
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Yes. Soon it will get recover. Till January end or in starting of February. So don't be panic. Now you can buy it and you will get benefit in February.
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