I try to act according to the situation. When the increase is a result of organic growth, I try to hold it as long as possible. But in the case of a quick pump, I sell part of my holdings.
Yeah, when the price shoots up the best thing to do is to wait and see where it goes, I see a lot of people making the mistake of selling it and then crying over that they lost and missed their chance to make profit, this is all because they lack patience and patience is all what this market needs. |
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We lose only when we don't know the exact time when we should sell our coins. There are different reasons, mine is my personal expenses that I need to deal with, which is why I am required to sell my coins when I get them. Hodling them for too long is also dangerous, because when we can have a chance to buy back at lower prices, we should sell when the prices are high.
But thing is that we never know when it is exact time to sell them  We can't predict future, so we can't know how price will change in next hours or days... So we have to risk and to try to predict future. So most of the times yes, when you sell bitcoins when hoping to buy them later for smaller price you lose. But of course sometimes people win some money this, so i don't think that everyone should hodl. Yeah sure we can’t predict if the price is going to drop or not, but what we all know by now is that even if the price goes up it always goes down and if it goes down it always goes back up, so even if you sell when the price is high and it does not change and you feel like you lost, remember that the prices will fluctuate to get you second and third chances too. But in long run you can bitcoin prices keep on increasing. People who do not agree this, selling when their target reaches and regret for their action later. This trend keeps on continuing. |
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Most likely that big amount of bitcoin i would suggest
In my view, it must be a wrong suggestion. Big amount of capital will not guarantee to make you a professional trader but definitely will lead to big losses in matter of few seconds. Yes, trading always poses high level of risks and when you are approaching it with very big capital you might need to face big losses because even professional traders will be facing losses sometimes. A professional trader will manage to make profits still with relatively small capital. Because they are not just depending on amount of capital but only their experience and techniques for making profits from trading. If what you are saying is true then there will be no need to have a discussion about how much amount of bitcoin required for a professional trade. Because if both professional and ordinary traders will just need only small amount of capital, then we can simply conclude for being professional in trading, all we need is just techniques for profit making. But I just wonder how we can make big profits without big capital ? |
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For most people, gambling will lose money.
It is really surprising how stupid people could be sometimes it is like they enjoying losing their money, I mean why take the risks of putting your money in a site that may or may not be legit, and even if it is the profit may not be worth the risk, and that includes gambling as well, instead you can work for guaranteed money. |
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It is difficult to trust bitcoin as an investment. I still work with bitcoin only as a commodity or as a pay-for my work. Of course, mining bitcoin is also of paramount importance.
Not an issue anymore, if bitcoin is a digital currency that gives many advantages for all of us. Because in addition to we can invest in the bitcoin, we can also find work in maya to be paid using bitcoin. Bitcoin is a revolution of the digital currencies are already used to appear, but keep in mind. that bitcoin certainly has negative side if we use it for things that are not true, and every negative thing definitely provide bad impacts for everyone No doubt about it bitcoin has some negative effects, for example a large amount of bitcoin is being dumped into the black market, because of how bitcoin makes us anonymous and free us from the tracking of the governments some people use this in the wrong way to do illegal things like selling drugs and hacking. |
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I think you need to wait and see if the price stays for long time then you can make that claim cvehemently.
Well even if the price gets low now you cannot deny the fact that bitcoins has really defeated gold. It is like getting ahead of gold at least once and that bitcoins has done quite dominantly and mate one thing I assure you, don't know what people around you say but bitcoins would reach some enormous value in coming months. |
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Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It think the reason why Bitcoin start to price increase, it is already in the edge features of bitcoin already like its very secured, decentralized o which no officials authority can control by it and because of that many of the whale investors became interested unto to bitcoin. Yeah but I guess everyone is surprised and curious why the price has been rising very quickly. I think more and more people are now adapting bitcoins and that is among the main reasons why there is such a hike in the price, in countries like India where the government has banned the currency notes that has done a huge favour since more and more people now uses bitcoins. |
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Bitcoin has something the Fiat currency does not have and it is frequent volatility. Its one of the reason why you need to invest or not in Bitcoin, depending on your perspective. In volatility traders will automatically love it because they know when to buy and sell. But if it is not your type of risk them definitely Bitcoin investing is not for you.
Volatility exist on fiat too, but since there are so many fiats around the world sometimes we may not notice, countries that are in bad shape are the ones that suffer from the greatest volatility, and that affect their citizen on a profound way. Yeah I think the main and the most prominent difference between both is that the use of both is for different purpose. You cannot use bitcoin for daily life use like real money. The mostly use of bitcoin is of investment trading and most of the people use it for earning rather than to use it for daily use. |
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BTC's price will increase further. I think, by the end of the year it will reach $2000 or more. There could be small falls here and there, but overall I think BTC got a huge impulse now. However, BTC will not be used as a mainstream currency, I am sure of it. It will be a powerful alternative currency to fiat.
I think even if not to achieve a price of $ 2000 at the end of the year. but the $ 1200 price is already very high. and I'm sure that everyone was very surprised with the price of bitcoin in this year Yeah I think if we have to say it in 2017 it is the best time for the bitcoin to proceed. I think as we see its progress from the day it develop to till now. It is progressing day by day and i think in near future it will become the king of all the online currency and hope its will increase its price like that as it it was increasing before. |
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It doesn't matter much actually. For example, one Omani Riyal is equivalent to 2.6 US Dollar. Does that mean that the Omani Riyal is more valuable than the US Dollar? Same here. The market cap of BTC is just around $20 billion, which is just 0.3% of that of gold.
But the buying capacity of your mentioned one Omani Riyal is more than one dollars. In some sense it really matters. Even it is just an imbalanced comparison, traders and investors will value this a weighing criteria toward bitcoin side. Hence we can expect more buying to happen with bitcoins. Bitcoin will keep on moving from the point it stat attracting new investors then those investors will turn slowly as adopters. This way main stream adoption of bitcoin is going to happen very soon. |
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gold can be mined forever as it can be produced on laboratory, where bitcoin as a limited supply and will eventually end
Are you sure that gold mining will last for ever ? I do not think so unless otherwise there would be finding of more number of new mining farms. I read almost 80% currently running mines are reaching its full capacity. (How to produce gold in laboratory. I'm sorry I have not heard is). Other than the limited supply of bitcoin, the continuously increasing demand of bitcoins for digital usage must be the prime key for bitcoin is defeating gold. In near future, we may need 100 ounces of gold to buy one full bitcoins, who knows. |
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in the begining of this year the price of Bitcoin is increased into 1200 $ and after a little period it decreased into 800 $ , and now the price return to more than 1200 $ ,as we see the price of bitcoin is volatile due to many factors like political factor and economic factor , and i hope that the price will increase into 2000$ in the end of this year .
I wonder what will happen to the price of Bitcoin after thawing agents on the Chinese exchanges. A further important point in the life of Bitcoins will be on 11 March. That's when the price can and fly to the moon. I do not find any big impact if bitcoin ETF is not getting approved. Because bitcoin already is getting media coverage, I just see BBC site is talking about bitcoins prices in its front page itself. When bitcoin prices are being a hot topic, we can expect more new investors will be coming in. Topping gold price would be the key here, so automatically bitcoin prices will be keep on flying toward moon by ignoring negative news if any. |
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many of my friends did not work but a lot of money away was great when compared, to me that is still working in the factory, I was confused from where producer obtained from bitcoin?
Bitcoin has really provided extra income for most of us online because we are able to pick up part time jobs that pays us extra to complement our monthly income from our full time job. That is very true and I am also among those who earn side income from bitcoins and its related jobs. I have been working since like an year now here in this forum and outside of here and thankfully enough I have always got jobs to do. One simple thing if you don't know anything else is to buy some bitcoins and stock them. Believe it or not but that's still the best way of earning easy profits. |
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There isn't anyway that you can learn otherwise in today's world most of the millionaire or maybe billionaire would be an educated person but unfortunately that's not how it works. These things related to trading can't be learned in any books it's just the experience you get by speculating the price and seeing the changes and maybe analysing.
The only and only way to educate yourself is to spend some time there. Start trading with a few and gain some experience first so, that you will be able survive in the trading business. Keep in focus about the new things what are happening and learn from the post of experienced person I think those are the best guide for you many other like you. |
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maybe buying a potential altcoin, is good idea ? or you can buy new vga for mining it  Yep good idea buying a potential altcoin in that way you can groe your bitcoin and also lessen the risk of your bitcoins unlike gambliing or investing in hyip sites no guarantees. The main problem is, not all people knows how to choose which altcoin is potential to invest. Sometime we think coin X is so potential to be great altcoin but in fact it can be failed coin. Investing in altcoin is like a gambling as well, but we need to do some researches and analysis about the altcoin. In my opinion, investing in altcoin is a great way to make bitcoin, we can choose the best altcoin to invest At top 5 volume coins in coinmarketcap site. I think, ICN is the one between that all which great coin to invest. I often give is advice to others as well, but I cannot trust myself in investing in altcoins. I feel like it is gambling and it will definitely have some addictive effects on me. Anyway, thank you for all the replies! I am trying to keep up with all of them and lurk on this thread often. Investing in altcoins is not that kind of gambling because you need to do research first and also read different feed backs in different sites or places to make sure that the altcoin that you are investing is a good one and not that scam scheme altcoin. For me, Investing in altcoin will be gambling if you are a greedy person who just invest and then do nothing. Investing in such thing is risky if you have nothing to know about it I think it is just a madness and not a good idea although investing in altcoin is good way to earn and increase money but experience and knowledge of it is the key thing for this you have to gain some before doing such. |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
if you want trading for living use bitcoin youre must have skill and big capital money because average waves in monthly bitcoin price is not big, if only low capital money my sugestion altcoin trading or forex trading, because use low capital money can get high return , but high risk too Skill set is what you can acquire with experience and can learn by doing small amount of trades with doge coin. It is the best coin to learn trading in my opinion .If you are able to invest some money then you can really make some money with it. But i am not sure about living your life just by trading. Rather than dogecoins you can just try with virtual currency and see how it goes. You can make some charts and see how the market behaves when the price is high ( like the price changes fast when the price is high ) and when the market is low. Such things helps a lot when we start trading since we never get panicked if we know a little bit about the changes that may incur. When it comes to starting trading in the cryptocurrency world you need to have a good knowledge of the market in order to make a good profit, and to do that you can find a lot of virtual trading sites that allow you to trade with fake money and then you can see how well you did and if you are going to succeed in the market or not. |
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It is really impossible to had 1000 bitcoin if you seposit all your money from your bank and you will start trading gambling invesments to gain more than that double your bank roll is easy when you know to analyze things
Gambling is not a good idea to put some money because it is very risky because you can't predict if the system will give you a win or lose, Investments are risky too because if you don't do research and you just register then invest then there is a high risk of losing your money because you didn't know if it is a legit investment or just HYIP or Ponzi Scheme. In my opinion, Trading is enough to earn 1000 bitcoin if you know how to play the market and you already know the basic fundamentals to assure getting good results from your performance. Trading is the only way but it need a good investment first to rise to the 1000 bitcoin but I think if you just in the willing to earn more and more invest in it without research and experience you will lose your money and I think all other ways of earning are just scam instead of mining but mining require different system for that it cannot be done by ordinary systems. |
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The only thing that could REALLY help him is HIMSELF. An addicted person can see what he is doing, understand what he is doing and know what he is doing so he should know the right and wrongs of his actions. If it affects the relationships that the person has and delays everything with his priorities, then probably corner him into treating himself. If he doesn't want to, then don't help him anymore unless he's a family member.
Everything comes from within and if people are foolish enough to let gamble then let them be. People dont need help from anybody to wake up from their foolish call. Those kind of people need to stop gambling as they are definitely going to ruin everything, those kind of people are the one that actually post up shit on their losing streak around here Gambling makes you become greedy you come in at first you say I am only going to try this once and then you win and you realize how easy it is and you keep going until you lose everything, people should control their feeling and stop getting greedy and quit while they are ahead. |
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We need to risk our money on it if we are an investor. We know that for somehow that there are lucky gamblers who win bigger amount. But I haven't read any news about those reputable and big casino's to be bankrupt because of their lucky gamblers. And it's an advantage if you'll go along with the side of the house by just simply investing.
Gambling site wont really bankrupt because people win in their site. At most they are going to be getting lower bankroll therefore there will be less then what you could win in each of your bet however if it is crowdfunded casino site then this will leave a bad effect to the site as investor's profit is going down and it will leave insecurity feeling for investor That's very unusual to happen in a gambling site, they have their system and controlled it so everything should go in their favor. If one gambler wins a bigger amount, there are many losers on the other side also, hence it will still result a profit to the housed. If you are familiar with the sayings "house always win", well, that is true and you cannot argue reality. I agree, only the house benefits from gambling not to the gamblers. Casino owners won't allow their businees to lose profit or give money to people. They let win some people to win some big amounts to make other gamblers try their luck too. That is where they recover their money. So casino owners don't really lose money when someone win instead they just earn more profit on their business. Yes the owner is the winner at the long run because he knows whats your doing which is martingale so it is better to play in a short period of time to win in the game. And by playing safe in the game it will win you at the end of the day so therefore it is for winning side to win in the game at the end of the day. You might think so, but in theory and in reality you can never make profit out of gambling even if you play it safe, because gambling is all about luck and taking the risks and even if you win a couple of times there will be some times where you are going to lose because luck runs out and when it does you are going to lose all your money. |
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You might see the 2k in the year...
Possible.
But still the chances are very low IMHO
There is just no reason for the price to break up like crazy shit ^^
Why no reasons. When bitcoin matching gold prices at $1250, I believe bitcoin will start attracting world wide investors due to the free promotions it will get from media. That would be more than enough for bitcoin prices to reach any levels within this year. I guess, most probably we might be seeing $5000 levels if bitcoin etf get approved. Lets hold and watch how our profits get accumulating. |
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