Another option is to have useful skills, such as programming, design. And join any team doing their project on blockchain. Initially for free, and then gaining experience you will be able to earn good money.
Start as a beginner with some friend who is trading the bitcoin because by doing that you will not only be learning from him but he will also give you the live experience with different profits as well as loss. The more you will interact with him, the more it will help you both and might be you both can become partners for the trading for you as well as for the others who have the money but not enough knowledge to use the digital currency. |
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Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
Cryptocurrency is competing with banks, especially the ripple. This is why big banks always try to crush Bitcoins, ripples or other cryptocurrency. Therefore, no bank accepts bitcoin In my opinion except ripple, all the famous currencies are anti bank and no bank will ever accept them for their transactions with customers. However, there were reports that last year many banks of Europe and Asia had invested in the bitcoin and earned profit from that. Ripple has some other idea, and if the banks start negotiating, then they might end up striking a new deal with the ripple for the transactions from different parts of the world. |
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When you are a newbie you can refer to something on tradingview.com 1.Technical: RSI (Relative Strength Index) (14): RSI <30, oversold => should buy. RSI> 70 - overbought, you should not buy at this time. Fibonacci: There are Support and Resist. When prices hit the S, P, R levels, the price will rebound, so You pay attention around S, P, R levels. You should buy (support) and sell (resist) around these areas. 2.Chart: The result is Bollinger Bands. You can refer to the Bollinger Bands here: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bandsThese are just some of the simplest indicators for beginners to trade as they are to have safe levels, avoid losing money. I am also a newbie sharing knowledge so expect people to help. Thank you for reading  This is really a good thing that you have managed to learn so many things before even getting into the world of trade. It is rightly said that if you will keep on getting more and more knowledge and awareness regarding the things before starting your trading carrier and even after that, you will no doubt be able to make some very good carrier in trading and that it will help you in making of a huge money too. |
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you better have knowledge before you start some work.when it comes to crypto currency thats huge.trading is a professional part of crypto.you should think twice before you start trading.but dont be afraid, spend small money for your practice first.then go big
Starting of the trade without having any kind of knowledge related to that of trading is just like jumping into a river without even knowing how to swim. If you are going to take such kind of step in your life, then you will be getting nothing profitable but the end result will be losing of most of your money because of making the wrong decision. It is better to learn the basics first and then get into it. |
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Atleast January 9th this year, my crypto investment was $50,000. I checked it today and it has dropped low to $9860.
I am very sad.
Please is there any chance the market will recover and i will get my $50,000 back?
the market will recover in the near future, but not all coins will rise. if you hold the popular coin or alt old, then you are lucky, but if you hold shitcoin, then your chances are very small. True. It totally depends on the coins that you hold whether your loss will recover or not. If you invested in some shit coin and scam coins, they are most likely to fall to zero and never ever rise again and it’s better if you sell it now itself, but if you hold bitcoin or other altcoins with great potential and the one that make top 50 list on coinmarketcap.com, then you can surely hold them till the end of this year. Good projects will surely rise and the bad one’s will crash to zero and never recover. I hope that you hold Bitcoin and good altcoins. |
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Hard to tell, isn't it? Two years ago, Bitcoin was hovering around the hundreds of dollar range, and yes, a move by several hundred dollars could have meant a doubling or even tripling. Not quite as easy to get that now once Bitcoin has past 10k. I don't see doublings anymore since December last year. As far as I know, I've seen short term traders, or rather, day traders say they get a lot of success, but then you see totally conflicting TA charts, and both sides make money, so really I think in day trading the swings means almost any TA can get "correct" results, depending on how they're seen.
Not even hard to tell. Every long term investor needs chart to be able to read how things are faring for whatever they are holding and to be able to make good decisions to know when to buy or sell. As long as you are not the HODL kind of person, then chart is always the best friend of every trader. How the different category of traders now analyzes is totally what differs. Long term is all about patience, and there are some indicators that work perfectly well for long term holders. |
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So I can only invest small and have put some funds in some cheaper coins. Then there are these more expencive ones. Is there a point of owning 1 or 2 of each or is there just no chance to make any significant profit that way? Sorry if this is a really stupid question, I'm a noob.
I don't think it's pointless but I personally, would rather invest in cheaper coins with more gain potential. I'd rather have an X amount of a cheaper coin than actually owning 1 ETH/LTC/NEO/BTC or w/e. It's just my personal opinion though. Indeed. If we are talking about gaining potential that cheaper coins with low market cap must be bought, but if one needs secure investment, well established coins with high market cap such as ETH, BTC, LTC, NEO, etc. must be bought. Although, you can invest most of your amount in small value coins with low market cap, you must also keep some amount in high value potential coins, so that you have secure investments as well as volatile one which might give good returns in future. |
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Go for NEO, this year will be the busiest year for NEO.
I think so too. NEO seems bullish and I likely to grow more than 5X till the end of this year. NEO operates on smart contracts and has advanced technology than ETH. Also it is highly scalable and can process thousands of transactions per year. Moreover NEO blockchain aims at connecting the outside world problems to the blockchain technology in order to provide effective solutions. NEO also provides passive income to its holders in the form of GAS which can be exchanges for other crypto coins or can be converted to fiat money. |
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To stabilize the bitcoin market, we need good news, it is necessary that large BTC holders do not merge it with large parties, and finally need time.
There are so may reason behind this much downfall in the market since last few months and the panic selling done by most of the investors and the decrease in the demand of the crypto coins in the international market are the main reason behind it but still there in nothing to be worried about because the market has started recovering and that we will able to see much better market in the days to come. |
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Damn this thread it's like a god speculation. Are you really sure your prediction will right ?. it's just a technical analysis. Event a pro analysis still can do wrong. Let's see the reality. My prediction still on 7K-10K Usd for bitcoin.
You can never be sure about the prediction which you have made regarding the market value of any of the crypto coin until and unless you have done some good technical analysis of the market. However, there can be a chance of having this much market value of the bitcoin by the end of next month. Even if it doesn’t happen, we may be able to see a huge increase in the market value of bitcoin in coming days. |
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In my point of view, yes this is basically another way to make money. Why do people created many projects and innovations? Those projects and innovations means business and business means money.
Yes you are right. This forum is another way of making money. We can have many money here since there are lots of ways here to earn here. Like social media campaign and other bounty campaigns, investments and trading. Agreed, we all must be very much thankful to bitcoin for helping us in having such a good way of making money and a way which this world had never seen before. The market value of the bitcoin is increasing at a significant rate and this is something which is helping most of the investors in making of more money out of their investments. Moreover, bitcoin holds a colorful future and that it can certainly change our lives. |
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Absolutely u must buy strong altcoins now..
Its better to buy strong altcoins when the market is at all time low rather than buying bitcoin and ethereum, because as we know altcoins are more volatile when compared with bitcoin and ethereum. When the market drops, altcoins drop hard than bitcoin, but when the market recovers, altcoins recover faster than bitcoin. Therefore, it better to buy altcoins when the market is low to gain good profit. The more the volatility of the coin, the more you can gain from it. Therefore, I suggest buying of strong volatile altcoins such as XVG, TRX and IOTA. |
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How to start a trade with small amount?
I am not a millionaire.I have jaust some money.I want to trade with my small amount.can I do this?Then how?
YEAH!!! it is possible to start trading with a small fund. You can start trading with any principal amount, but the most important thing is that knowledge and skill set about the trading. Initially you can start it with a small amount so that loss will also be less. With this small initial amount you can make only a minimum profit, but can gain lot of experience and knowledge about the trading. Once if you are confident as much with trading they you can go ahead with large amounts. Better you can invest in lowest price altcoins like, IOTA, LITECOIN, ADA, XRP. Yes anyone can start with any amount of money, but it’s not always easy and good when you start with a little amount that will get lost if you happen to lose it at once… it’s good to be prepared for this always and work very hard so you don’t lose, especially when you’re starting with a little… |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
I also think it is being paranoid if most of the time, you are checking the price of bitcoin. Instead of wasting time checking its price, spend those time to earn bitcoin. In that way, you will not worry anymore if the price of bitcoin increases or decreases. Just trust in the capability of bitcoin that it will increase its price again. I guess it is really annoying and makes people paranoid to see or to look at bitcoin eveey five minutes of then. Because you will be depress or feel worry whenever the price will drop and will feel high hopes together whenever the price will rise. I must say why won't you make time to make more bitcoins so that you will not be depress or whatever in just looking for the price of it. Relaxation of mind is necessary. Physical health contributes a lot in your mental development. As all decisions are highly sensitive when a person is undergoing the day trading thing, much care and sensible vibes must be delivered to the game to yield positive output. So keep your mind fresh and yes don’t talk and see much about prices. It might damage your mind and body. |
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Bitcoin exists if the user or its investors exist, unlike the bank.
it until whenever bitcoin and bank will always side by side.
Banks specially the powerful banks have always played their role in the economic system of the world, and these banks have never let any situation which they did not manipulate for their own benefit. No doubt these banks were giving very much good services but then they had the opportunity to play with our money as well for fixed time. So now all these things are going down because of the crypto currency which these banks do not want in the world. |
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I can not use bitcoin as a payment tool in my country because the government prohibits the use of bitcoin as a payment transaction tool, we are only allowed to use bitcoin as four digital investments
There are many other countries as well where the government doesn’t allow the people to use the bitcoin as the payment method which creates a frustration in the people because if your money is not providing you the ease, then for what use it is. But on the other hand there are some benefits as well because you will not invest all of your money and keep some saving with you, and your invested money will stay in the market for longer duration with more profits. |
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In general, before starting in the field of trading, you should learn and read more about the majority of cryptocurrencies in the market and how to analyze the different situations ( like, pumps and dumps...) . Furthermore, I advise you to follow these rules: Rule number 1 : you must be patient , and not to be greedy and rush to make decisions , because you may regret due to some behaviours which could lead to significant financial losses in the future. Rule number 2 : you must have different strategies ( Plan A, Plan B..) in every situation and sometimes, the risk is essential for an acceptable profit in the future. And good luck  . These are accurate theories, but the most necessary is the experience and analysis. Analysis is very important in investment. The professional traders always analyze the project very well and always be patient with them. they can spend more than 3 hours analyzing the project and see a graph of the price increase. However, your article is very good and constructive. thank you. If you guys are saying all these things don’t forget that trading is not really meant for everyone. So patience is not required sometimes, if you have the feeling that it is not meant for you. If you can’t trade, then go for an ordinary investment or something else under the same category. But as you guys said, before anyone start trading they need to go through everything that is required. And it’s not good to be greedy. |
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I’m not really sure about that cause the price has gone down from the $10,000 price rate and has gone down to $9,700 and even stabilized at $9,700, with no signs of either going down or up. But I believe it’s just for a matter of time and the price will start fluctuating normal again and will first go up to achieve another high price.
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How much have you won/lost on bitcoin gambling ?
and which sites did you play ?
start with me.. summing up all the wins/lose i did together.
and i lost about $1500 on rollin.io
what about you ?
Iam not fond of bitcoin gambling,. Iam playing but not in a ways for losing money. But if I tried I just want to try a little bit but not to become addicted with in.. I would like to appreciate your intention towards earning money through gambling. it simply shows that you have kept the entire games in your hands and never let the gambling thing take over your nerves as to force you for trying again and again even if you are losing in bets. I think that we all should adopt this kind of attitude so that we are kept safe from any big loss in future which is unrecoverable. |
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After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.
$500 is really a big deal right now for anyone who can really look into the future to realize the extent to what they are holding is going to end up. If anyone had gotten $500 worth of bitcoin in 2010, I do not even want to imagine what it would be like right now. Well, it is all about time, and everyone have their time, so it is best to wait for it. We should see bitcoin testing new highs pretty soon once we get past all the resistance ahead of us. |
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