Everyone who has ever traded for more than a couple of hours have had episodes where their trades are wrecked because of bitcoin volatility reflecting on the whole market.
What tips do you guys have regarding protecting yourself from bitcoin sudden moves?
If you are real trader you need to know how to manage your fund this is important also your emotion specially when market started to move like dumping and pumping most people will say to you "just follow the trend" but not all the time the market will be your friend thats why you need to manage risk. In order to be a successful trader in the crypto market, you have to be a vigilant trader who is aware of all the risk he or she is taking and also alert about what is happening around him. There is no way one becomes successful trader without having sound knowledge of the trading market. Emotions come into action actively when your coins are going down in the market. You need to manage stress at that time. |
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Yes we realize that if the bitcoin drop the price some of altcoins also followed to dump. Ill think its because of bitcoin has a big marketcap and also being a number one coin in crypto so they need to follow on when the bitcoin be going increase the price. So that some altcoins are need to follow also but not all altcoins are being increasing the price some of them are always in dump situation maybe because of these have no development and no update. It is true that the average price of altcoin is rooted to bitcoin and that is only BTC pairs, but others can also follow as long as they follow market trends, bitcoin has a big impact on other altcoin prices if there is a pump then the developer does not need to make updates and already their tokens will definitely follow the bitcoin market. Bitcoin is the leader of all crypto currencies and we cannot deny this fact. People are launching bitcoin on daily basis or almost on monthly basis; we observe new projects and all of them are depending on bitcoin for their value. This is normal for altcoins to increase in worth when bitcoin is going throw pumps and they shatter badly when bitcoin is going through downs. We shall never ever invest into altcoins. |
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I want just to get some advice on bitcoin investors. do they exist?
You don't have to look for them, they will be the one to look for you, provided that you have something interesting to offer to the community, and you projects has unique concept, people will leave you right away if they find you just copying some people's content and project and they will even report you, so be sure you have a different one and investors will buzz you. Those who are really into business really understand this secret that there are so many people who want to invest into projects if the concept is something unique and is going to serve community in the bets possible way. There are even so many big companies which like to give incubation to young projects which are apparently having bright future. So indeed we all simply need to have unique ideas. |
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You seem to be having quite a profitable month so far. +817 points, meaning €817 of profits had I followed you. Probably more since I used to bet €100 per match and your bets are 40-80. I noticed that there are no previews or explanations what you base your tips on and reasons why someone should pick exactly those tips. Maybe adding some info to the tips can be good for you to get a better ranking on the site. That is amazingly high amounts of earnings in gambling and I believe that you are in this game for a long time. You must have nice experience and extensive as well in this game. But I have same concerns that do share your tricks and tips with the newbies who want to make some decent money from this game instead of losing it all to the house. I believe we gamblers shall help each other in order to develop positive connotation of this game. This is a moral and social duty of old and veteran gamblers to support and truly guide newbies in this market because that is how we can build up positive attitude of people towards these game especially online ones. Newbies are really full of beans to learn about fundamental strategies and tricks for winning some good money from the house. I hope you will consider our suggestion and request for guidance. |
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Reading is the first step for successful trading, you need to know allot of things in order to make profit regularly in trading. Also people use different strategies as some are aggressive and try every experiment and some do long term holding. Also be careful of sudden pumps or dumps of Bitcoin as alts will go down whenever there is a fluctuation.
It's about the type of risk that each traders wanted to take and how they can manage to take care of each responsibilities. Traders with high hope keeps being optimistic and will continue finding the right ways. Don't rush everything as time will allow you to learned the right system that will be beneficials with your stay inside the trading market. Wild but profitable once you learned the right attitude when investing to this business. I'd like to the way you say "Don't Rush". People rush to Bitcoin investment because they are too optimistic about being profitable and instantly get their returns. But this is also a reason for their losses. Why? Because most of them never know exactly what they are doing. However, it is to believe that luck might be there and even they lose but still they stand cause of their trust in crypto and hoping to have luck in the next round. Their expectations from bitcoin are right but the problem is basically instant expectation of the returns. This is not possible with bitcoin. Bitcoin takes good time in order to make you rich and in that time you have to support it without getting panicked and selling it off at low prices. Such people simply need to understand how bitcoin and other crypto currencies really work in regard of profits. |
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But I think for new coins it is very difficult to develop their projects and also some new coins have not been listed in the exchange and some new coins listed in the exchange actually become dead coins. I also think the same as you that the price of new coins does not or does not affect the old coins but for now new coins do not seem to have the potential to make a profit.
I agree with you, because at the moment there are a lot of new tokens/coins but investors who invest their money do not get any profit at all, that's why they are increasingly afraid to invest in new projects even though the project has a good concept I don’t personally prefer going with projects that have not been in the market for at least 6 months because in that period people are easily able to judge the project and you get to know as well whether scamming or a legit project is. If you are really losing money by investing into new projects, start going only with popular ones such as a bitcoin, ethereum and few other altcoins. |
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The answer is partially yes because stupid people can make inherit money/properties/assets or win a lottery but there are 99% chances that the money shall soon leave them or they shall soon loose all the money to the wiser folks.
Nowadays, a large majority of the billionaires are those who inherited their wealth. Examples range from Mohammad bin Salman of Saudi Arabia and Gina Reinhart of Australia to the current president of the United States (Donald Trump). A few such as Mark Zuckerberg and Sergey Brin have managed to make a fortune for themselves. But the number of such individuals are not increasing. Yes, only a few make it to the top. But there several young who are innovative and you can see their enthusiasm to succeed. I hope that the government of any country will continue to mould the young minds and support as possible to give these young a break to succeed. Yes, the government should support that young generation who wants to make their future even brighter with crypto coins. Poor people need money to invest but when they invest at the wrong time it makes them pay only buy no profit. Better keep gates of investment open and available for people of a country so they will rock their investment profitably. Governments have this responsibility of creating avenues of investment for young people who are full of beans to make their futures brighter by utilizing latest technologies. Crypto currencies are the future of the world and people are eager to learn about this technology. Those governments who are helping their young ones in this regard are the ones who will be ruling crypto world in the near future. There is no doubt in this fact that digital currencies are the future monetary system of the world and they would be gradually legalized all over the world as more awareness spreads about them. Governments shall try to keep their young ones updated about latest trends of the world so that they become better citizens of future and are able to deal with future challenges effectively. Teaching about cryptos will prepare young people for better future. Encountering and learning cryptocurrency is now inevitable, it is the future and people have no choice but to comply with this growing industry. Digital currencies will be the king of the monetary system and we will have a cashless society with less hassle because of the fast transaction and also cheap transaction fees. Those who will simply want to have success in future shall not avoid investing into crypto currencies and try to understand the technology behind them and for that read as much as possible about these currencies. I am sure that people are soon going to get hands on this technology. If they don’t, they are not going to survive in the future because fiat will then become something obsolete. |
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This is always happening to me most of the time, I sell my coins when the market is in downtrend especially when I really needed it or emergency purposes. I cannot blame the market but to myself the outcome of my decision. Yes, it is my decision so there is nothing to blame but myself when the time I will regret selling.
You shouldn't regret such decision. You said so yourself, it's an emergency, I don't know what it is for, but for example to save someone's life, or due of a payment or something. Whatever it is, as long as it's an emergency (urgent), or any significance at all don't regret it over money. Why? Money can be earned again and again--life(?) you can't, time(?) you can't. There are certain things which have no comparison with money such as time, someone’s life, health and freedom. Undoubtedly money could be earned again by working smartly but once someone dies, there is no way you can get them back. Always we shall try to make decisions with cool mind and keeping moral values in view. Money is not everything that a man needs for a survival and peace. I know money is not every thing but people are and we really need some people to be with us if we really want to live happily but mate it takes money to live in this universe and we apply different ways for it as investing is one of those. We should learn investing at right time only then we will be able to obtain our goal behind investing our money. For as long as we are still living then there is nothing to regret about, we should handle our emotion and learn to let go in times that we can face situation just like this, there is no perfect investors or traders, we are all making mistakes, we all learn, we do mistakes again, learn until such time that we become experts and can easily read the market and the project flow. Yup because we can start all over again when we alive. Loses can be recover but for now time must be important to do and also there are a lot of investor do invest because they take risk to get an easy and fast money for them to gain a money with a high value because of too much greedy and at the same time they believe in luck. Losses may get recovered but the time you lose cannot be recovered at all and now a day time is your first and real wealth. Too much greed can never let you survive hardships and losses. It rather puts you in hell tougher situations. I am of view that one shall practice yoga or such stuff that gives control over emotions which will ultimately help controlling greed. Luck also only supports those who work hard. Yoga and meditation are really amazing stuffs which have both scientific and experimental proofs off affecting nicely the mental strengths of people especially the ones who become panic or are under some kind of addiction. Losses could be recovered if the person is willing to do so without taking any stupid steps. We shall not simply take quick decisions in order to recover losses. They simply make mess. |
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Professional gamblers are often seen at casinos and famous gambling spots, but I am surprised that some of them are well-known business people and government officials, so the true definition of the gambling profession is not very clear because they clearly have a better source of income. Online gamblers who depend their lives financially are also not easily visible in the real world, except for a few colleagues who are seen discussing gambling activities with me as often as possible.
Those who are totally relying on gambling for their income do not feel like talking about it because this is something usually people take as a negative or bad habit. People take gamblers usually as lunatic or May be addicts. As far as rich people are concerned they are do gambling simply for entertainment and to kill their time. Even if they lose their money, this does not make them suffer from financial crisis. |
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If someone says bitcoin is over, I'm sure only newbies will say that. Because in my opinion everyone who already knows bitcoin,like the
cryptocurrency community will certainly be sure of the future of bitcoin. If you see the current price of bitcoin is indeed going down again,
making the conclusion bitcoin is over is very unreasonable. As we know the price of bitcoin is indeed very volatile, which means prices fall
like this and could later rise suddenly. It is indeed normal for bitcoin which has very volatile prices. Now is the time for us as a crypto
community proves to everyone who thinks bitcoin is over by staying patient with keep holding the bitcoin we have, even if you still have
capital you can buy bitcoin again. Because I'm sure entering 2020 bitcoin will start to show positive moves, with a slow start the price will
rise until halving occurs.
If we will base the future of bitcoin on the charts available then I would say that bitcoin is struggling to make it work towards the future because the price is now struggling to sustain the 7kish price. I believe that it is better to convert some of our cryptocurrency to a stablecoin and keep it there until we see an opportunity to buy at support level and hope for the price to bounce. This is normal for bitcoin to increase and decrease in values. People have high expectations from bitcoin in the coming year and I believe that the more support we give to bitcoin the easier it is for bitcoin to increase in value over short time. As far as the stable coin is concerned, I believe all other coins are dependent on bitcoin for their pumps and dumps so it would be foolish act to convert bitcoin into an altcoin. |
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The answer is partially yes because stupid people can make inherit money/properties/assets or win a lottery but there are 99% chances that the money shall soon leave them or they shall soon loose all the money to the wiser folks.
Nowadays, a large majority of the billionaires are those who inherited their wealth. Examples range from Mohammad bin Salman of Saudi Arabia and Gina Reinhart of Australia to the current president of the United States (Donald Trump). A few such as Mark Zuckerberg and Sergey Brin have managed to make a fortune for themselves. But the number of such individuals are not increasing. Yes, only a few make it to the top. But there several young who are innovative and you can see their enthusiasm to succeed. I hope that the government of any country will continue to mould the young minds and support as possible to give these young a break to succeed. Yes, the government should support that young generation who wants to make their future even brighter with crypto coins. Poor people need money to invest but when they invest at the wrong time it makes them pay only buy no profit. Better keep gates of investment open and available for people of a country so they will rock their investment profitably. Governments have this responsibility of creating avenues of investment for young people who are full of beans to make their futures brighter by utilizing latest technologies. Crypto currencies are the future of the world and people are eager to learn about this technology. Those governments who are helping their young ones in this regard are the ones who will be ruling crypto world in the near future. |
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I think the reason why the OP did not include China to the list is because it acquires bitcoin as well as cryptocurrency several years ago. It just denied and banned it for couple of times due to their own reason. Maybe, it is economically worst for them that time or they are checking its usage or it just want to manipulate the market. But one thing I know, cryptocurrency becomes the center of global trends right now.
China only state to utilizes blockchain and they are still prohibiting any cryptocurrencies which is understandable if this whole topic doesn't include China and speaking about global trends, it's not only cryptocurrency that become the center of the world but the whole digital payment or cashless society. Everywhere want to be cashless and bitcoin happen to be part of this so called "cashless society". Going cashless will crypto currencies not be new thing because people are already into plastic money and this is the reason they did not find much problem in making transactions with bitcoin other digital currencies. Those countries who want to rule world market like china, USA etc. they will definitely resist this change to bits but if general public wants it, and they cannot do it for so long. |
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Right! Don't spend Bitcoin not now. Because the current price of Bitcoin is too low if you previously bought at a high price, you will now lose. If it were me, I would continue to wait until Bitcoin really recovered.
I think people already know this. But to be honest, this is easier to say than being done. Yoy see there are a lot of investors out there that panics when these kind of dump happen and they would rather sell their BTCs than wait for the reversal. That is the reason a lot of people lost their money on Bitcoin. If you want to earn a profit, now is not the best time to spend it or sell it. Well this kind of thinking would delay btc's progress and adoption, I think. There should be movement for it to reach it's initial purpose of faster and easier transactions. Though I don't think we're at that point yet. Both of you are right. Bitcoin is seen more as an investment rather than something for daily use, hence it would take time before people would find it easy to let go of their holdings and use it to make purchases. People are seen using altcoins for making purchases but bitcoin has more of investment value because of its high potential of touching amazing values over a period of time. If there is something expensive one need to buy, I am pretty sure he will use bitcoin but if something could be purchased via altcoin or fiat, why to use an expensive coin for it. This does not make sense at all to use king for buying a soldier. |
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This is always happening to me most of the time, I sell my coins when the market is in downtrend especially when I really needed it or emergency purposes. I cannot blame the market but to myself the outcome of my decision. Yes, it is my decision so there is nothing to blame but myself when the time I will regret selling.
You shouldn't regret such decision. You said so yourself, it's an emergency, I don't know what it is for, but for example to save someone's life, or due of a payment or something. Whatever it is, as long as it's an emergency (urgent), or any significance at all don't regret it over money. Why? Money can be earned again and again--life(?) you can't, time(?) you can't. There are certain things which have no comparison with money such as time, someone’s life, health and freedom. Undoubtedly money could be earned again by working smartly but once someone dies, there is no way you can get them back. Always we shall try to make decisions with cool mind and keeping moral values in view. Money is not everything that a man needs for a survival and peace. |
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Considering the simplies method and the safety of your asset then you must go on staking on your own wallet rather than staking on any exchange site, but I have some altcoin like xlm, algo & trx that I staking on Binance exchange site that I can get free altcoin every month not too large but this is okay for me.
Wallets and exchanges both are safe for keeping assets as long as the holder is a smart person. First of all, he should choose a renowned, trustworthy exchange or wallet that is supported by million of users. Binance can be trusted blindly as it also takes responsibility of compromise. The user must be careful with his credentials. As it is said that, the weakest link in security is human because he can be fooled. |
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knowledge like this is indeed mandatory for anyone to tell. now if you see scammers scam projects getting smarter by making projects that seem real. we must be vigilant and don't be fooled by it so that we don't get a big loss
With knowledge, the best thing is the more it is spend, the more it gets increased. It is something that will never leave you. The only asset that remains with us without ever worrying about its protection. Scammers indeed have become a pain in the neck and the easiest and most effective way to stay safe is by spreading right news about them. This will not only protect investors but demotivate new scammers from emerging too. |
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This is a crazy story. This morning I also heard that IDAX owner ran away with cold wallet keys. Not very sure where the whole crypto is moving. By seeing all these bad things, crypto market will not survive for long.
I would not be surprised to see that consider about even SEC has already warned the traders about the possibility of idax exchange to be the next scam exchange and it has already reported in the past. But this is a different story and i believe that was an insider job.
OP. that hacker will not be the next whale caused by any movement from the wallet will be monitored and when it comes to the centralized exchange and that amounts can be frozen. I believe that hackers were feeling confusing to withdraw it. He was creating more and more address to split the funds. That makes a whole lot of sense. The creation of new addresses was indeed to split the fund among them without getting highlighted. Or else why would someone go through such a trouble? In my honest opinion, if the guy was able to pull such a big hack, then he definitely had a plan to transfer some big amount to his other wallet. Let us just start considering him a whale after that much amount. |
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trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
So that's why we need to share opinion in here or would be good if we join on telegram group about cryptocurrency. I also do this, I'm personally don't understand about TA, but I always read the news and monitor cryprocurrency market condition, for example at least if you hold XRP, you must join in XRP group, so you know what will happen with you assets. IMO. Joining groups that are related to you asset can be very beneficial. This way, the holder will stay with latest news and can take correct decision on right time. Discussing your opinion with people of same background can help in increasing the pace of progress, especially when the coin is a potential one like ripple or bitcoin. I am also with stacking. The asset must have this functionality. |
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First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!
They basement dwellers
They deep on student loan
They no saving
They have no job security
Now they spend more money on bitcoin than all generation!
It never get bored millennial has been on the headlines since the god know when it all began.
Can crypto make millennial more screwed or otherwise? Let’s discuss!
Brruuuh, your fifth comment tho'  where are you getting all these data from? Well, I guess things are changing. Just like there are social media now, and there are lots of people that are making lots of money through these social media platforms. Things are changing man, and I don't see much wrong with some people have adapted to these changes. There are people who now work from their home on a remote job, freelance jobs are now taking over. So things have changed. And you may be right about millennial spending more money on Bitcoin, I don't see anything wrong with that, as long as you're investing an amount you can risk. Then as for gaming, I think it's up to parents on how they train up their child. Millennial had to change with the changing time because this is important for survival. Otherwise, they cannot progress with time. Every generation or time has its own pros and cons. Moreover, all existing things that have form are destined to evolve with time. We have entered into the era of digital currencies. The innovations of technology have opened new paths to earn money without ever leaving home. Bitcoin and altcoins are good examples. |
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Blockchain for everything, for games too, it was created to improve life in general. I know several games on the blockchain, so I think everyone here understands that it's too late to discuss this topic, since there are already games.
Blockchain technology is available to everyone. Each existing system can improve itself with the help of blockchain. It provides features that include decentralization, security, transparency and immutability. Being honest, all the systems of the world do need transparency. CryptoKitties and Spell of Genesis are the famous blockchain based games but still a lot can be made because the existing number is not enough. |
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