Can you really be sure you will profit unless you have insider info?
a little bit of it i guess but there are a lot of factors to consider when it comes to trading, knowledge is included and you also need high technical skills in analyzing the market surrounding the bitcoin. A high technical skills for analyzing is not really needed because even though you have a knowledge and you know the basic things about trading then you can easily get into and you don't need to stress yourself to learn all the complicated things about trading because in cryptocurrency, even just a basic understanding about the news is enough to make good trades. Yes, not much of the technical knowledge is required to analyze the market. The market is completely speculative and the predictions need to be made in accordance to the circulation and the trading volume. Here too the market correlation happens and sometimes the coincidence happens profiting the user. |
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Till date there is no such service found around for us to get benefited. We have got lot many ways to convert the bitcoin to fiat and use it for regular needs. Little by little online stores accepting bitcoin keeps increasing and the same will help us make it a way for payment in the future.
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Btctalk name : Ayiranorea
Rank : Full Member
Current post count : 656
Bitcoin address : 1Kiz3UECeFsqxpRg6qUD2SJSTEyKP8M45D
ETH address(not from an exchange) : 0x70FEdF7aDda5E43067Df2e3cD861aFd049c765c1
Wear appropriate signature : Yes
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Bitcointalk username : Ayiranorea
Rank : Full Member
Current post count : 655
BTC Address : 1Kiz3UECeFsqxpRg6qUD2SJSTEyKP8M45D
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Honestly the ban and unban is causing price instability. But you wouldn't blame the ordinary Chinese who are aswell the victims. The government needs to be responsible.
The government tries to take control over the trading activities happening with each and every trading exchanges. It has provided with the time target of 15th and now several exchanges have scheduled to settle all the trading related financing by 30th September. We can expect a conclusion by then. |
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Let them describe it a fraud, because even in the early days of bitcoin's growth several such issues have come as an obstacle on its path. This has been overcome by the growth causing with the support of the entire users. One such is the important developer describing it as a failed experiment and moved to something new. The price dropped, but it regained all of the sudden.
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Once when the price started to move closer to $1200, each and every user were much focused on reaching $2000. This suddenly made the price reach $3000 and higher moving depending on the adoption happening in large scale. Such a situation will surely provide with unexpected price pumping which might take the price to $100000.
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Lots and lots of people have started accepting bitcoin into their business, similarly popular brands have started accepting bitcoin as the payment as more people are getting into the bitcoin usage. More of these services can also be found on our forum services section where users try to increase their trust rating through different services.
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Teaching kids about bitcoins would never be easy as they might find it complicated and may get confused and that early age its better not to tell them anything about bitcoins and once they grown up they have a life to know bitcoins and start earning money from it.
Bitcoin is truly the future of the financial system. The technology behind it will exist in each and every sector making it function effectively. As the user stated its not to tell them so earlier, because the same will lead them towards the earning of money leaving all the good things they were supposed to learn during childhood. |
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Looking the growth happening with accordance to time, reaching $10000 doesn't seem to be a big factor. Already in a very short time period the growth of bitcoin is tremendous reaching close to $5000. So, in the upcoming years we'll be reaching $10000 at the earliest possible.
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For me investing money is always the best option here. Saving your money does help you retain the value of your money and increase it with time but it is only a fraction of what will you make if you take the risk and invest it.
Yes, investing money into bitcoin is a wise choice compared to the plans of saving in terms of fiat. The reason is that with savings can earn more and more, while with investment it has got some more risk than savings. Here based on the investment scheme the user will be getting benefits. |
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yes it is possible. because now the price of bitcoin is very high and almost anyone can get and look for bitcoin for their save or investment, I think it might just happen.
Not really and in reality this won't happen, because world poverty is an social issue whereas bitcoin is a solution for the world financial system. The system behind bitcoin can be used to make things happen in an effective manner, but to eradicate poverty only governments when gets united as a whole can make changes. |
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
I think they are investing to bitcoin. The mindset of some billionare is as long as they get profit they will investment more money. But not all i think because they want sure profit and legit sites. As stated there's nothing specific with the billionaires. Even they're similar to common people who has the thinking to multiply their holdings. So, surely they'll be investing into bitcoin and importantly millionaires to become billionaires use bitcoin as an tool. |
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Yeah, Bill Gates have already supported bitcoin, because he too is an successful person who earned big just because his innovation in technology. The same is with bitcoin, but the complications were very big and the same growth is expected to continue for long years.
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For beginners it's good to start with localbitcoins, because here users can contact different traders depending upon the requirement and choose the appropriate trader who gives the convenience with the payment and other services. Hope buying bitcoin has lots of access with the existence of more and more exchange websites.
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I only have few earnings of bitcoin at the moment because I stop with this since January because of too much work in real world. But what the .... people got so rich in bitcoin especially now that it is earning so fast and so good. I hope I could have that too in my wallets because I read some articles of having good income with bitcoin. So I go back to this and learn more on how to become one of them.
That's a good decision. With bitcoin you need to have trust as well the patience. If one has got those characteristics, then surely the user gets profited today or else tomorrow. The time period to get rich might gets extended, but being rich is assured. |
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Whether the particular info regarding the closure of trading exchange is true or not, but such activities will surely affect the cryptocurrency network on a whole. Such a situation prevailed in the past when the inspection over bitcoin exchanges of China was done by People's Bank of China.
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Bitcoin price will surely hit $5,000 or even more than that but know one can tell when is that time. I know we all want bitcoin to fly to the moon and make us all rich but why not we all try to start educating people about bitcoin while waiting for that time to come?
Now the $5000 mark has become sentimental barrier and they are not able to cross 4800$ mark as bad news are coming more to dump the price. but we will see the price moving above 5k within this month. Maybe the ongoing price drop might be an initiation for the price pumping. Whether the price increases high or not, with the ongoing price fluctuations the price will surely reach $5000. Same scenario took place in the past when the price was circulating around $2500. |
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I just look when the price reaches a high mark and sell. I think there is nothing complicated in this and it does not always take a lot of time to follow all the news.
That's good, but if a price target is not set then one cannot sell bitcoin for a longer time period. The reason is that bitcoin keeps increasing in value. Based on this reality fact, I always have an target price for selling and once it reaches particular price used to sell the bitcoin for required amount. |
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don't trade what you can't afford to lose my friend and be patient with it.
Definitely you are right. But I think this is how you will learn. In trade you always from what all you had lost in your past. You learn from your mistakes. All you need is you should never lose hope and remain consistent. You should keep trying hard. You will surely get much more than you lost. Yup. Don't be afraid to lose. Embrace the fact that trading will make you lose some money but let that be something where you can learn from for your future trades. Everyone starts out like this evem those expert traders earning a lot of money Should have the mind to accept loss. With bitcoin trading everything happens without any prior notification as well none can predict it exactly. This causes the trading to be an way to earn and just because of this feature bitcoin trading too depends on luck for profit making. Here too luck along with knowledge succeeds earning big. |
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