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Most of the people like day Trading but if you lose with your trading and that’s way you can’t like day trading ? If you don’t know about trend with crypto coin market so you must lose and you think day trading is not good but I’m like only daytrading because I know how to make profit with daytrading.
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If you are holding, all you do is look at the charts from day to day and wait for the price to go up.
Whereas if you trade, you do not have to wait for the price to rise for so much, because basically trading is looking for profit every day.
But, both equally profitable. No need to fear to hold or trade. Between the two have their own risks and advantages.
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yes i've trading using many exchanges like if the altcoin that i needed have'nt not listed in poloniex then i would succesfully search it in bitrex or in any exchanges that the altcoin that i want oto buy is can buy in thier exchanges. anyways i only trade in poloniex just someimes going in bittrex if there's some coins that i want to buy
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Well the reason for people holding onto bitcoin is because of its high value for investing. Some retailers now accept bitcoin as a payment but I see at as a loss instead of a profit. Another reason for me holding my bitcoins is because I always convert it to fiat whenever I receive them from my campaign signature. People mainly use bitcoins only for investment or gambling. Well maybe an advantage of bitcoin is its nature and accessibility to average persons like us since we can earn it easily through different methods.
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I don't think bitcoin can replace traditional money as it is under the control of the government of country, maybe there is a greater chance that traditional money would be replaced by a digital currency which would be under the control of governments and central banks.
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If i was in the OP side i wont do this because no one can guarantee that it will surely increase because anything can happen to any investment. So it is always good to invest only 50% of our income in cryptocurrency and balance invest in fiat currency savings scheme. So if any of the either goes wrong their is always another investment to save you.
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Its not too late buddy! Just invest the amount you can afford to lose and remember to constantly save and invest whenever you get your paychecks (weekly or monthly). Dont dwell on the past and on your lost bitcoins, just focus on the future and in increasing your stack right now
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Then you need to know, do you want to invest for long term or short term, if you invest in bitcoin it is safer but maybe the profit is not as high as altcoin if you active in trading, but invest in alt coin got more risk and the percentage of losing money is higher, to know the best coin to invest is bit tricky, there are so many things to research before invest, but if you lazy to search just invest in top 5 coin in coinmarketcap
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People will only stop buying bitcoins if you will going to stop the internet, But as per the standard way of life now people can't do work and live without internet, But if someday people will stop buying the absolute answer is you will lose everything that you invested in bitcoins
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Bitcoin was created to be completely independent of governments and banks. It does have some regulation by some governments, so you could say that governments have some influence, but they don't control the amount in circulation or the value in a direct way. It is also a completely electronic form of money.
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Both are good for money job and trading both are the good sources of money. At one time if a person do some job its good but from one source we can get limited amount of money while now a days people can’t be dependent on one source if we start trading its good for us to generate some extra money.
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Yes its too risky, specially now while the market is in bearish situation. One more thing, bitcoin is in trouble. On November 2017 there will be a hardfork. This might cause another huge Bitcoin dump. If you can just predict what is the dip, then you can start buying bitcoin a portion of your investments from your local bank.
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holding is good especially if we are holding bitcoin but altcoin can be a good idea to hold if we can buy at lower price. but sometimes we are too greedy when we see the price is increase fast and we are not selling because we want bigger profit. if we do this, then i think our chance will loss so we can not sell to make profit. but if we don't want to be worried for holding altcoin then i can suggest to you to sell it right away if the price is increase so you can get your money back plus your profit.
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It doesnt suck like anything else it takes 10k hrs to become a pro. Put out or get out. The market is made for noobs to give their money away. Crypto is like the easiest market for noobs to ever trade if your losing money in crypto your def in wrong field. Safest bet is just do opposite of what you think. I said that 100x and made ppl lots of money that way. Go against everyone else trading, right now lots of shorts do go long.
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