Maybe I will freshen up by trying to read or see videos about trading from successful professionals. so I think it will cure our fatigue and motivate us to continue to remain enthusiastic in trading
Yes that can help you but i think it will be much better if you will temporarily put away trading from you, go out and take some fresh air or you can do things that entertains you like watching movies, playing games etc and my stress about trading really fades for i also experience getting stress in trading and that is what i do in order to relax and after that i can go back in trading with a proper mind that can make good decisions in the tight situation i am in. |
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Hello dear members!
I'm new to the world of BTC and I have started collecting satoshis through faucets but I need to earn more.
How can I earn about $1 per day through bitcoin?
find a decent job and stop claiming on faucets cause its not profitable anymore. In my 2 years joining bounties i cant even make 1$ or more per day. Better to find a good job you will earn more than 1$ per day. maybe later it can not be expected anymore that some ways to get bitcoin like faucet, bounty and airdrop will be difficult. prepare ourselves to look for job. but so far can still get a few cents, cryptotalk is still good at getting 0.00001 per post on their forum. It is really hard to earn money on faucets and indeed mostly it will be just a waste of time, if you are finding something inside the crypto world that you can earn $1 or more a day well there is a lot of ways like day trading but first you need to exert time and effort in studying trading but it will be worth it once you're good at it and there are also forums like this that pays you per post and in those things you can earn more than a dollar each day. |
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They wont allow cryptocurrency to replace fiat money, it will not happen maybe in the next chapter of Earth, cryptocurrency will be a big thing. Fiat money is still ok, you can also use that to transact online but of course its limited compare to cryptocurrency. I want crypto to succeed but as of the moment, we still need to use fiat money and be patience with the smell of your money.
We really still needing the fiat currencies because let's face the fact that not all of us are keeping up with technology and some people don't have devices that they can use to manage their cryptos but of course the possibilities are endless, we could have something in the future that enables us all to access cryptocurrencies but as of now not everyone can access cryptocurrencies so we still need physical money. |
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Google is your best friend. All it takes is just a few seconds and you'll probably save yourself even quicker.
Well i would not recommend google at all because of the high chance that the contents that will appear in your search is a fake one or sites that will just scam you. It is our money that we will invest so we need to be extra careful about joining ICO. You should exert time and effort in choosing the right ICO so that we can research about that certain ICO project more and will not regret doing it in the future. |
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My friends is the one who introduce me to crypto, he teaches me a lot of thing about crypto like the currencies, campaigns you can join in forums and a lot more so i became so interested about it and them after that i've watched videos that talks about crypto and it really helps me understand more of it through watching videos and of course you can also learn here in the forum. But learning or reading isn't enough for you to have a good grip about crypto, you should experience it, you should have cryptocurrencies in you and used it to buy stuff or trade it so thay you can be familiar of what it is and by that you will gain a lot of experiences that can help you.
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sometime when you want withdraw small money of bitcoin from an exchange they reqiure paid fess that be high ; so buying litecoin by this bitcoin then withdraw can deacrease fees of transfer because withdraw fees of litecoin about 0.001 ltc . for this reason litecoin its good in this case
It's a condition of where you exchange or sell the coins you have. So if you are looking for a cheap exchange maybe you can search one by one or register on all types of exchanges that you have up to now. It is not a good idea to register on all the exchanges and they will keep on tracing our account details. So we shouldn't research a lot about the exchange and which one is asking a lower fee for the transaction, we should research and start registering in new exchange for registering. It's just an idea that comes from some of the same people as possible, but if you have different thoughts it doesn't matter and can try to do what you say. It is not really a good way of finding a good exchange because of the said reason, what i have in mind is you can try and ask some of your friends who are also crypto enthusiast about the exchanges they're using and analyze which one of them have the most cheapest fee and then you can use that to buy altcoins to withdraw and have less fee with that altcoin. |
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As an investor I only invest in solid coins and HODL. I have seen over the years that crypto market rearly follow news and predictions. Most of the time I bought BTC based on news but in loss as nothing happened. Best is to buy on dip and be patient.
Most of the news are fake anyway, just a few weeks ago people were really excited because supposedly the Chinese government was interested in cryptocurrencies and the price went up, but the Chinese government is only interested in creating their own coins with their own blockchain that they control so this market is not going to benefit at all from such coin and if anything it is going to be a strong competitor to bitcoin and the rest of the altcoins. That is why we should not trust the headlines of the news. We should believed but we should also verify if the news is really true. When you see an interesting news then do some research and look for the truth so you will be basing on that and you will not get hype and you will avoid having aggressive decision that might lead to a loss. Many investors never bother to check if the news are true or not because it doesn't really matter to them anyway, what they care about is if other investors will react to the news of the market and if they do then they're going to make a trade even if the news is fake, this creates a very interesting dynamic in which no one really cares about the truth or the facts, they only care about the movements in the market and if they can make profits out of them. In my own experience i really did not care that much in the news, yes i did follow it so that i can know what is happening inside the crypto world but if i we're to decide what to do, my actions will 90% depending on my analysis and research but of course analyzing market ,doing research and keeping watch of price movements is not an easy task that is why it some newbies trades by the news. |
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Im expecting more downwards on the price of bitcoin till the 1st week of december and from that bulls will be preparing to enter the market to blew the price of bitcoin back to 10,000$. And will continue till next year for that 50,000$ price.
In my opinion bitcoin's price will be going playing above the $7k range and in the mid of december price of bitcoin will be back above the $9k range because of the bull run coming. I have expected this price dump so i am not that surprised about it and have already bought btc and some altcoins for a long term hold preparing for the bitcoin halving next year that can skyrocket its price. |
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disappointment will always be there when you only expect high values all the time, the crypto market has fluctuations that at least it will be difficult if you only expect stable coins. so we don't need to expect the market to continue to be positive because trends in each period will always change and you just need to be patient to deal with situations that occur from ups and downs in prices
Honestly when the market prices are low we should also be happy about it because we can have the opportunity to buy more altcoins so that we can hold it for long term and have profit when bull run came and indeed we should not expect prices of altcoins to be stable, it prices is very volatile, changes in a very fast pace. So also be wise in choosing which altcoin you will invest. |
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It might be a good time to buy some altcoins as they are down quite considerably but wait a while and make a sound decision.
Always remember, never to invest more than you can afford to lose.
I hope that 2020 and 2021 bring good news to crypto as a whole and we see green all over it.
Well for me i think this is a perfect time to buy some altcoins for the prices are really low and it is a good opportunity for us. I have set a certain point in the prices of altcoins where i will decide to buy some of it and not wait till it reaches lower price because i don't want to miss the opportunity to buy in a lower prices and i have already bought some and will hold it till next year because i think btc halving will affect altcoins price next year. |
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Totally a matter of personal preference. If someone is a bit lazy but clever one, he should go with long term trading. That will save him the trouble of checking the changing prices every other moment. However, his holding must be a potential one like bitcoin so that his wait will not become a waste eventually. Short term trading is the better one and hectic one too. Within short time, trader can earn more.
You can earn more if you are a short term trader but you can lose more as well, short term trading is by far the most difficult way to trade and yet it is the most popular amongst newbies and that is definitely a problem, it is better in this market to start your journey in a slow way and only try long term trades and you can change this once you have corroborated you can be successful, but very few try this approach and eventually suffer the consequences of not doing so. Short term trading needs also more expertise in trading and demands higher risks because if you trade with the wrong time, you will only lose your money in just a sudden. While long term trading has less risks and is stress free because you will still get profits just by sitting in your chair waiting for your coins to increase its price. No need to monitor daily the price charts just like what a short term trader should do. It is pretty simple, short term trading are for those people who have a lot of time for trading and also for people who are willing to watch the market every moment and long term trading are for people who are ready to wait for a long time to make profit. Yes short term trade require someone a good understanding and market analysis so i would not consider it good for newbies. When i first enter trading i also choose long term because it is less work than short term and does not require a deep understanding. |
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For me, the word successful trader is about "discipline". You should have discipline when trading in order for you to perform well in the market. You need also to have good trading psychology for effective decision making.
Luck is also big factor to become a sucessful trader in cryptocurrency because the chart movement sometimes is not same with our prediction even with a really good analysis. So we have to be a lucky person just like a successful gambler they are also need luck to become a successful person. Yeah maybe luck also helps us win trades but it isn't a big factor for in becoming a successful trader, what we need to achieved success in trading is analysis and a good understanding of the market and specially the coins present in your trading and indeed a discipline mind is also a big factor because it can help you lessen your loss and to make good decisions in trading. |
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In my existence here in this world the best way for me to learn anything i have completely no idea about is through using the internet, videos to be exact because yes books can also be very useful but let us face the fact that a lot of us wants to watch rather than to read and after you have learned the fundamentals of trading you can do paper trade or trading simulator so that you can get familiarize of the market and your techniques and then after that you'll get enough experience to enter real trading.
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i have seen many threads about hacking and precaution stuff , 20 k is lot of money and pains to be losing
spending some money and buying a hardware wallet is better then losing money and regret after , i have separate notebook to have all private keys written
i would say you lost a lot of money to learn this lesson
In OP's case, it really doesn't matter what wallet he's using. Even if OP's using the most ultra securest hardware wallet in the history of mankind, it still wouldn't really matter if the mnemonic seed was written down or stored somewhere not-so-secure and easily-accessible-for-hackers as an email account. When we are online we should always keep in mind that we are public and we are connected to every people around the world so every information we have stored online isn't 100% safe so it is really true that no matter how secured your wallet is if the key into it is stored and placed somewhere isn't secured then your like giving away money to hackers. |
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Bitcoin still dominates a very large proportion of the market. And I think Bitcoin dominance should fall, for increase in altcoin prices. Therefore, I think we should wait a little longer for altcoin prices to increase.
altcoin on average has a strong price link with bitcoin, we have to wait for the bitcoin pump then altcoin can usually compensate. so far the price of bitcoin has not been able to make an impact on the price of altcoin, hoping that some time will come we can see the price of altcoin pump Exactly, bitcoin price movement affects altcoins and has really strong influence to it. As of right now bitcoin's price is really low and it even go under $7k and as i can see it has affected altcoins price which also have price decrease and indeed we should be patience and wait till we see altcoins increases in price. |
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1) Atlant
2) Edgeless
3) Centra
4) Humaniq
5) Matchpool
6) Lunyr
7) KIN
8.) FUEL
9) SONM
10)NPXS
Please tell me if I should still expect I will be profitable or just give up now already.
Well if you are planning to hold these coins you've mentioned it is better to give up now because most of the coins you have mentioned isn't that promising, the only coin i know that can have a good future is atlant. Give up on the other coins and try to invest on the bigger names on the market like eth, xrp etc. I am holding xrp now and i have loss quite some money but i am very sure that it's price will rise up in the near future. When i am holding coins and then the price of its starts increasing i will set a certain point where i will sell my coins and will not be greedy and stay holding hoping it will still continue rising, we need to stick to our own plan and not be i fluenced by your friends. |
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Sure they do. The difference between them and non-expert traders is that they learn sth from each trade. It's not a shame to lose money if you get a lesson out of it!
Maybe they hide their lose as they don’t want to discourage the new traders. Mostly it comes as Ego problem that what people will say about them and their good name of being an expert traders will get affected by this lose. I think lose and profit is part of our life where there is profit there will be lose as well so its bad to make issue out of it, just admit it and next time avoid mistake to earn more than you lost. I do not think that they will hide their loses because of their ego and hiding their loses will not help the new traders as if they will hide that how they lost then the new traders will not be able to avoid that loses. Expert traders share their real trade strategy and they want more and more traders to come and to trade with courage as it help the market to increase the volume. If any trader want to hide his loses then it may be because of any competition if he have any among his friends or any circle of him. I think it will depend on the attitide of the person, if he don't want others to see him losing money in trading because of his pride then he will certainly keep it hidden and if that certain expert trader is popular and have many supporters i think he will hide it because of the possibility that his/her supporters doesn't support them anymore and they will lose their popularity and trust of others but just like what i've said it will only depend on the attitude, on how we see things that happens to us and on how we will react to a certain situation specially our losses in trades. |
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Then what? Even if you do warn up people they would still make use of this platform.Come to think even just complying some documentations on real-life already exposes up your identity.
They will exactly not listen to your warnings and will still use facebook despite of what you have said. When we are online our data privacy is vulnerable and our personal information is at risk of being stolen and not only our infos but also there are some surveys or quizzes that can be seen in facebook that when you answer, it stores the collected data and used it for other things without our permission. So in order for us to be a little safe using facebook we should not try and click everything that you see in it and we should check always on what information we are giving facebook. |
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It is profitable as long as you know how to do it properly ,
If you don't know a thing yet it is better to use a simulator first to know what strategy would be good for you.
Trading simulator will be really good for all of us specially for newbies in trading because surely they will not know what exactly they need to do when they first step into trading platforms and they will not exactly know how will they apply their analyzations and for people who are trading for some time they can use simulators for testing their strategies. |
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Therefore, robots cannot replace human because it lacks of emotions although emotions also are the reason why most people will fail in trading or handling any investment.
Bots not dealing with emotions is one of the main reasons traders use them, so I see it as an advantage rather than a disadvantage.... emotions are useless when it comes to trading so better eliminate that aspect by using a bot. The thing I'm not comfortable with is having no control over how that bot is utilizing my capital, especially when I'm asleep or just not paying attention, so I will stick to buy low sell high 'trading' manually as that is what I'm comfortable with. This will be a tough decision for all traders, well for me i will still choose trading on my own and will not use a bot to do my trades, maybe i'll use a bot on some other things but its a no for trading. Bots cannot replicate how you react, how you do trades and the decisions you make specially in tight situation, even though it is emotion less which is an advantage i still prefer enhancing my own self in controlling my emotions because you can't use a trading bot at everything but you can use your enhanced self in everything that you do specially here in the crypto world. |
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