Latest posts of: Rufsilf

I don't know what are the complete ways of earning bitcoins but i the way that i know is investing in altcoins for long term just like what happen in litecoin, ripple and ethereum they already pump very high and their investors surely made a lot of money in long term holding.

I don't think there is better time for trading because it is not all about the time it is all about he process on trading and how you will react to the movements of market, if you know how to manage those then it is good to start trading. It doesn't matter on what time because a real trader can get profits anytime.

If i will get a loss in the future i will just be calm and not that angry person because of loss and instead on focusing on the loss, i will just focus on how i can recover the loss and also gain positive results.

I don't put all my funds yet in bitcoin. I'm just planning for now to put all my money savings in bitcoin so i can earn money with bitcoin investment but most of the people here says that it is a bad idea and just put some of our money so i will just put at least the 3/4 of my money in bitcoin.

Trading is unpredictable job because you can't tell what is going to happen in the next day because it is like a mysterious place where you will put your money and try to guess if the price will go up and down and make money at the same time but i think there is a lot of people who are good in guessing trading which they made a lot of money already.

I just sold my bitcoins for the current rate now because i think i'm already satisfied for the current price and i will just buy bitcoin again when the price touches $1000 usd.

I think it is not good to use trading bots because it is not same as you that you can have a lot of ideas and possible moves that can help you to earn money because bots is just a program and it doesn't mean that it is perfect but it will not help you to learn because you are trusting a computer program.

Quitting trading is like being contented on the financial status that you have. Even trading or any kind of source of income is not a good idea to quit those opportunities because winners don't quit and losers always does. If you want to be successful then you don't need to quit trading and you just need to fix your problems or the mistakes and after that you can be a good trader again.

Bitcoin is better than paypal because paypal is centralized payment system while bitcoin has a lot of features and advantages that paypal don't have so i think it is very clear that bitcoin is worth more than paypal and paypal is just for people who want a simple payment system but those who want some advanced technology can go for bitcoin.

Quote from: dossantosleite on May 09, 2017, 01:09:38 PM

Made my first trade on poloniex.
Bought some xrp coins worth of 18,80USD and successfully sold for 19,30USD.

It's not much, but I just bought some coins, and made sell order a bit bigger price and it reached it and automatically sold. I am on the right track ?

For example. I now put buy order again a bit lower price and will wait till it will reach.And next put a bit higher price and wait till reach this point again.

Yes you are in the right path because you are buying low and selling high but it is not that easy for you to make profits that often because the market is still unpredictable and there is a lot of things that might happen when you are buying or holding some altcoins. So if you want to be on the right track, make sure to have a great analysis also so you will be on a better bid.

You don't need to ask where because you are already in the place that you will learn about bitcoin trading. In this forum you can ask questions as many as you can and you can always expect for an answers from everybody and you can summarize the answers to produce an idea which can be used in bitcoin trading.

Earning money using bitcoin is not that easy especially you don't have any base money or capital to use and i think 2-3 months will not be enough for you to earn that range of money. If you really want to earn that money within that period of time then you should provide some capital to be use.

I think it is safe to trade in bittrex because they didn't encounter any issue lately unlike poloniex that they almost having ddos attacts always and that is very not normal for an exchange because they are earning pretty well amount of money and they didn't secured their site so it is safer for me to stay away in poloniex and just trade to other site.

I don't trade shit coins because they are just useless cryptocurrencies in the market and they are created because of the scam and we should stay away from those coins because they will just steal our money or give us a loss in trading so i think it is better to just trade for the reputable coins rather than shit coins.

If i will have a loss, i just don't think about it very often, i admit it and i accept it that i made i loss because of my faults and wrong moves that leads for having a mistake. If i will entertain my thinking about the loss then i will be on an anger mode which will be my enemy so i just don't entertain it because it can produce more loss.

For me it is better to go for short term rather than long term because we all know that the cryptocurrencies has its own price volatility so it will be easy for a short term trader to gain profits faster than long term trader. I see a lot of movement from the different exchangers and that is what a trader should take advantage to make a profit.

IMO, Bitcoin will die if there will be a big war that will happen because a lot of countries will be involved to that and there is possibility for a huge chaotic situation that can destroyed a lot of structures and soon it will make a lot of people panic and they will sell their bitcoin until bitcoin will get a lot of dump and it will die.

Bitcoin is not supported in some countries for the two things i know, first is they didn't know bitcoin yet or haven't discovered it by their staffs or research team or second is, they banned it because of the illegal activities that is involved with bitcoin like the criminals took advantage of using bitcoin to stay anonymous to their bad habits.

If you want those governments to accept bitcoin then we should help them to understand what is bitcoin by having a good explanation to the authorities of bitcoin like a proposal to tell them the good benefits of using bitcoin and the possibility for a change for the financial system if we they will accept and use bitcoin as their investment or another type of currency.

I convince people to use bitcoin by showing them my results in getting into bitcoin and bitcoin helped other people to solve their financial problems by having a part time job in bitcoin just like what i'm trying to do and how convenient is bitcoin so that is how i convince them, i don't exposed them too much to money related topics about bitcoin because it will just make them greedy.