Seems like most people just want to become super rich in a short period of time.
If you don't believe in this new technology, and just want to earn quick money, I think you will probably not achieve what you want.
All I want to say is be patient, live your life, and don't get too emotional by all the negative news/FUD. Yes, crypto might be ended in a really bad way and you lose most/all your money. But if you truly believe in the new technology, just invest the projects you like the most and hold until it gets mature and returns.
I guess those guys are still believed In cryptocurrency, but they were too excited about getting rich by Investing their time or money here crypto world. If they were kept on research and read about cryptos, then I could say they will gradually understand how the new technology exist In our society. Just keep on believing like me and Invest just like what you've said because later on we will reach our goals. |
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I feel it's a thing of skill. Having to study Charts upon charts. Not just anyone can get into it and be successful.
It is the skill, but you cannot do it without the knowledge that gives these skills that further help you get the bigger profit. A tip to make more money and not lose: deal with many altcoins. No brother it isn’t gambling and it can never ever be. In gambling, you are only dependable on luck. You can’t just help yourself from skills and experience and anything else, rather you are just prone to the luck. If that helps you out, you can have good ending or in the other case, scenario can be even worst that first one. You must be going for day trading if you have plenty of time and concern. If there's not, then much better to hold In a long term either because holding a coin like bitcoin Is really much more profitable rather than anything else of Investment. But It's required a patience In order to achieve those huge target price that we had hoped for. |
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I have already invested a lot of money on bitcoin on the past and i am not going to keep doing that anymore. The only thing that i might do, is just to invest in new ICOs to increase my entire budget, but nothing more than that.
that's wrong way i think.as we can see that many ico's that broke sec rules and finally they became die project.and we now that much scam ico right now.buying bitcoin in dip better for my opinion. If he really carefully choosing a right ICO to Invest then, there's no worng with his decision, unless If doesn't had an experience In trading and don't enough In cryptos, so It should be wrong. But about the topic, we should not touch or Invest our emergency funds, coz this Is very Important Incase of some unnecessary happen accident or disaster suddenly appear In our life. |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.  The prices of cryptocurrency in the market are all based on supply and demand so obviously if the prices are decreasing then there are more people who are interested on selling their coins more than holding it. Of course mate and those will decrease In market, especially In bitcoin If theres many new Investors will dump their coins and many as well discourage to Invest on bitcoin due to some spreading bad news throughout the social media. In fact there's believe In bitcoin and furthermore bitcoin will recover and expectedly will Higher than Its usual price. |
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If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
It's because they know that even if the value is decreasing, and it's dumping currently. They know and believe that in time, it will once again surge back up in value that would make it regain or even go beyond what it lost. Basically, just be patient and believe that the market would again rise up. This market is just so unpredictable and full of movements and trends since it is just a new market that is open to so many changes despite it being present for already a decade. I agree with you mate, they believe bitcoin as well because Its prove Itself already that you can earn a huge profits by Investing It through long-term Investment. All you have to do Is patience and avoid panic because the volatility of bitcoin Is normal scenario, which more be affected by the fraud spreading out social media, but It will pass by regularly and continue bitcoin to pump. |
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For me, this method of investing works better and its pretty much convenient and the chances of gaining better profit is actually high.
Moreover, when doing long term investment, it is best to choose a coin that has a great chance of growth and a technology that truly attracts not just Users but also investors. Though long term investment requires patience and the capacity to observe and wait since this type of investment doesn’t gain profits overnight but it actually takes months or even years.
I quite agree with you Idea mate, If we are planning to choose long-term Investment we must take a good coin that has a potential to rise beyond Its limits and If doesn't have an Idea, try to look In the coinmarketcap, where we can see the top 5 coin that considered high potentail to Increase Investment In long term. |
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When btc price goes down,ethereum price goes down too.. If you could notice,not only ethereum price but most of the coin dumped when btc price is dump. Most coin depend on btc value,if you're not new into cryptoworld,this thing should be normal.
Most of the time some other coins are dumping when bitcoin gradually decrease, but not all altcoins, so as what you have said Is It normal scenario In cryptoworld. And that ETH will recover soon, If you Invest It, then try to relax, calm down because the time will come It will pump soon rather than other coins. |
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Trading is indeed difficult to do.
Long term trading may take weeks, months or even a year or so. You may call it as "long-term holding" or simply "holding".
Long-term trading is good for those who:
- want to invest
- has a job that requires at least 8 hours a day
- want to earn extra income
- non professional traders or beginners
But of course you will have to consider these things before investing: - invest money that does not limit your ability to meet other financial needs
- should be willing to lose some
- higher investment, more risky and higher potential of loses and/or rewards
These are the benefits of long-term trading according Anne Chapman (2015): - You are not required to find new opportunities every time. Just hold on the coins you believe has a potential. Do not bother yourself with other cryptocurrency focus on your work and family.
- You have more time to plan and study the charts for analysis of trend
- You only need to employ simple techniques.
First, identify major areas of support/resistance (does a trend have room to develop? Second, look for chart/candlestick patterns (do they reinforce a trend continuation?) Finally, look for a logical and high probability point of entry and manage the trade - You will experience less stress since you do not have to monitor the charts, price, trend etc. every time.
- You only have to work less. Check your coin in a month or weekly basis, etc
Thank you. A more detailed explanation can be read here at: http://thedynamictrader.com/advantages-of-long-term-trading/[/list] Wow this I very helpful for the newbies. I am glad that you posted this because many will benefit from your post. Actually you nailed it. These are the perfect reasons why we should invest in long term. Then to add, we'll get higher chance to have higher income. Yeah, Its really good for those new here In crypto and we should choose long-term Investment like bitcoin which Is has a potential to pump beyond Its limit. So that you cannot bother other coins and have a lot time In another activities or either task In our daily habit, especially In our family bonding as what the mentioned above. |
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In my experience of using bitcoin currency Is really make me benefits because aside from earning profits with this market, I can simply paying bills like electricity, water bills and etc., without no hassle. So I recommend for those new In bitcoin to choose and don't hesitate to Invest In It because Its make you earn a huge profits by the will come, just hold and patience.
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questions on day trading cryptos
seems a tricky task
your watching volumes
so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?
Definitely, day trading Is one of the effective way to gain more profits here crytpo, but take note, you must prefer for a lot patience and control your emotion In order to succes In day trading. And you must keep on eyes In the market, so that you will cath-up easily those token has recently pump. |
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there are so many scam projects. it is correct. but stopping the icos is not the solution. because icos are the way to develop blockchain technology and increase the popularity of blockchain systems. investors should search more about the projects not to get scammed.
Those Investors will think well and do some research before Invest on different upcoming ICO Projects, so that prevent being scam those scammers ICO. And I think It Is part of the cryptocurrency to make It challenging In Investing, we should open minded and explore the world of crypto. |
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I also assume the same as you, the reason I am a bit ordinary, the reason I agree with you if switzerland is a country that is suitable for digital currency is a lot of ICO projects coming from there, but strangely I almost never find the news if there we can using Cryptocurency for grocery shopping. but switzerland is very nice
Switzerland Is one of the good country to live for cryptocurrency like Japan. And since japan Is noted the most advanced technology which is now they considered bitcoin as a mode payment In their country. So I still prefer In Japan country as the best country for crypto. |
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As I have noticed these days, when the ICO hasnt finished yet and the sale was still on going, the bounty tokens has already been distributed and also unlocked they sell it immediately on forkdelta or etherdelta for a much lower that ICO price, in which it could greatly disturb the sales in tokens. As for you the investor on that token, would you panic when you see that the tokens you own already selling at much lower price?
\ yes, certainly how crazy is that if a team do like that. it will hurt all real investors and project will don't have good result people will angry and lose their trust will that action and if project good enough they will go to buy it in the cheaper place certainly. And the angry participants will make their community really chaos! Yeah, If might be happen, It will totally distruct the market system of that token, to rise Its value and many of course will get mad of that. But, In my perception the bounty token will be distributed once all Investors already received their token and listed as well some exchanges site. |
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Trading is one of the most profitable opportunities in the Cryptoworld. The only thing you have to do is to do enough research on the cryptos and find a great project to invest in. In crypto investments, it is better to decide whether you want to do short term or long-term investments.
Before that, he must gather more Information about crypto Investment to minimize the risk of It. Research well and start with small amount to start trading because as what you've said Its really profitable If we Invest on crypto. And If we start put ourself here In crypto, we must take more patience Inorder to get good Outcome. |
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I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
I think you were just Investng crypto without knowing the fact the certain uses of It, especially In bitcoin. Investing In crypto Is to risk you should know that before put your Investment here crypto. If I were you , I wonr quit rather than searching more and gather Information about crypto , so that we will fully understand how risk and how volatile the cryptocurrency. |
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I am convinced that the best way to improve the community is through a stricter regulation in the matter of cryptocurrencies, but specifically focused on trying to avoid or discourage the increasingly incessant activity of scammers who make every possible effort to deceive people and take away their bitcoins through pyramid schemes or ponzi scams.
But we also need to emphasize the financial and technological education among those interested in approaching this ecosystem, so that they are aware of the risks involved in investing in this market, but at the same time they know the full potential that cryptocurrencies can offer to improve their daily life.
Yes, I agree with you mate, we should not just shout the good Information about bitcoin but teach them as well, how bitcoin works and how It utilize In cryptocurrencies and also the risk Involve with It. We should be honest In the first place, so that they will fully understand the volatility of bitcoin. |
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Hope our future stakes will be updated soon.
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This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  That's right mate, sit and wait, but you must keep on patience If you're wanted to gain profits rather than losing. That's a normal scenario when It comes on Investing on crypto currency because this is like a gamble where there some risk to take in order to success in every invest In any altcoins do want to Invest In risk. |
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Well the first thing that you need to do is stop checking the price of crypto currencies constantly and switch from going all in to daily cost averaging. By daily cost averaging you stop caring about the price and this kills most of the panic out of you. Now you just need to set a target sell price whenever you buy any coin.
That's a good Idea, setting a a target price of a coin where do we going to Invest Is really effective which make ourselves discipline and prevent loss our money In cryptos. But If you're new In cryptos Its normal scenario that we gonna make a mistake because Its considered as charge of experience and make ourself stronger than ever. |
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Hi, have you ever thought this? You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it. I think this could be a weakness, correct me if I am wrong. Or comment if you have a kind of solution for this... Regards! Yes, It can be, like what happen In my co-workers where somebody ask him to send a payment through bitcoin system and after, all of a sudden, his bitcoin funds has lost. You could Imagine, how the hackers do that?, Its really sad that moment and makes us moral lesson to all their friends. |
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