Can you really be sure you will profit unless you have insider info?
Everything is based on continuous market observation, thanks to which you will be able to make a good profit. So the answer is no. Of course not, we can not be sure that we will be profitable in trading because all we do is guess and guess, however, we do not have to rely on luck or emotion to guess, we rely on the factors around the market, we analyze the factors to guess, we need a lot of knowledge and skills, we need a lot of knowledge and skills, we predict based on certain bases, not an unfounded prediction. Even if we have internal information, we can not be sure we will be profitable because no one can be certain that the information is accurate and true, we also need to analyze again, if not, we will be very easy to fall into the trap of the other traders and we will lose a lot of money Making guesses about the coins and tokens doesn't mean anything and make any sense to me. We need some tools, without trading tools and charts, guessing is only something useless. More than tools, there are perceptions that we need to catch. These perceptions is about the cryptocurrency market and technical aspects of the coins. Technical analysic tools are also created by the chart price and the rule of the trading community. More people trusted the technical analysic, the correct ability of this tool will be better than other tools. Example Ichimoku and Moving Average are the best choice for any trader want to make money through technical analysic. Fibo or Bollinger are also good choice because these tools have many traders using for trading. |
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As your request, I filled google form again and post a notice in this thread, please confirm my request again!
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I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.
Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday. No, he should probably be giving up on that by now. Did you even read that before commenting or you just read the headline? He has been trading for 2 years and now, invested 47 BTC and lost about 7 BTC, bro if it’s me, no way, I’m finding something else that is much better than trading and not waste my time on it. So I say give up. Yes, I think he should give up now. 40 BTC = $244,000.00. Wowww! That's a big amount of money. Let do anything he wants, traveling around the world, betting on football or horse racing,...  I must say that this is not a good thing to quit. There is famous quotation “Never give up”. You actually keep on working and trying hard. Only then you’ll be able to achieve what all you actually want to achieve. If you will lose hope, then this will only add more troubles for you and it will do nothing in your favor. So you actually need to be well prepared for all the things so that you can avoid failure. I don't think just a big loss is enough to make a real trader give up their journey. Every day, there are many traders become the loser and lost a huge amount of money, even lost their house. But, I have see those people did not give up, they research new chance and comeback the market. Never give up, you will have good result, do not boring and give up your way. |
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15 years is a very short period. I think fiat and crypto currencies will exist and be used in parallel for many years in the future. We can only get prepared to have options then
Lol! Can you give me the long period of your opinion? I don't understand 15 years is a "very short period" of your words. If these years is the short period, why do it make you spend 2/10 your life to wait that time?  Yes there is a possibility that bitcoin can replace dollar and as we know that bitcoin has already replace other crypto from market so there is no doubt that bitcoin will replace dollar and bitcoin is price is already high than any other currency and still the price of bitcoin is going high so everything is possible for bitcoin to do. Do you know the ability of Dollar? You forget Bitcoin can not use for daily and offline, you need to have internet for access your Bitcoin wallet. Unlike Bitcoin, Dollar can pay in a lot of countries without internet and you can exchange in anywhere. |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks?
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
But ATM and Bank also have fees. All other thing is better then bitcoin. But now a days bitcoin is a way to become rich. That's why people is going towards bitcoin. And it's becoming famous. If we discuss about this function and abitily to apply in reality of Bitcoin and Cash, I think Cash better than Bitcoin because you can use it offline, do not need to have internet for transaction like Bitcoin. Of course, you can not make profits from Cash unless you use it to investment, but just holding Bitcoin still can give you profits if the Bitcoin increases. |
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Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:
Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?
I don't think this thing is feasible considering the fact that a whole nation would not entirely allow paper money to be extinct and digital currency to reign. Maybe for some ways bitcoin will have a place for some countries but dominating the whole state is too far from possible. Paper money is what we are used to so changing would surely create a conflict leading to a greater damage than a reformation for the greater good. I agree because bitcoin is a online currency i don't see bitcoin becoming paper money anytime soon. And i think that bitcoin will be a standard form of currency in the future because i think that in the future there won't be many people who will walk to a shop to buy something they will probably buy something online. There are many digital currency or payment method can use for online payment. Internet banking for national payment or Paypal, WU (Western Union), or other digital currencies can also use for online payment in global, not only Bitcoin can provide you this function.  |
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Is this moon?  "6 figures", "140,000 USD/BTC". If that isn't moon then I don't know what people wish for, really :-Q 300,000 USD/BTC is when I start to worry. That's about the current "market cap" of gold. John McAfee has said Bitcoin is not a bubble, he is sure the price of Bitcoin will be more than $500,000 in next three years. I think your moon still less than his moon price. I'm a greedy person, maybe 1 million dollars can be moon price of Bitcoin  |
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
that will give two respects, one good and one bad for us. Firstly, advertising btc on tv will promote expanding the btc market, increase the number of btc user. And the other one is that advertising btc on tv will attract attention of governments, if they are who dislike btc then that's a bad thing. Maybe they will ban btc in their country. First of all, the government all knew Bitcoin, you do not need to worry about that, they do not stupid to forget update the economy and market every day. In my country, Bitcoin became the hot trend for the T.V program of Financial channel. |
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There are a lot of courses out there that can be downloaded for free (at least in Brazil, where I come from. There should be a lot in english as well). I learned a lot from them. There are also lots of YouTube channels that teaches you how to trade not only in cryptoexchanges, but also in Forex. You should try these in te beginning. It helped me a lot. excuse me, please, but I would not begin to advise newcomers to apply to trading on Forex. This is a very specific project and therefore not everyone is allowed to earn there. If already on other platforms there is an opportunity to earn and learn, then it is better to use Forex at the last moment. Almost technical analysic for trading in Bitcoin are from the trading skill of Forex market. You can use the skill from Forex to apply for trading cryptocurrency. However, the cryptocurrency market does not depend on the price chart, you should to learn the volume and the scenario of whale in this market. |
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Criminality and bitcoin, criminals who use bitcoin for their benefit must exist and can not be prevented. It can not be prevented because the true bitcoin is freely used by anyone, including those criminals. Even terrorists seem to use bitcoin for their benefit. But I doubt if the crime rate increases due to bitcoin.
The only use of bitcoin for criminals is to buy and sell drugs online, Ico's are banned in china for a reason that some of the people there are using bitcoins for illegal transactions online. Maybe terrorists are also using bitcoins to buy guns. Just like in fiat money, criminals can use bitcoin to whatever they like - it may be to buy drugs, guns, and the like. We can't get away with it because it is also happening with fiat money. Now, it is the prime concerned of the enforcers to get them. But with FIAT money, the criminals can not use FIAT to create deal easily because they need to deal directly. While, Bitcoin can provides a services global transfer money within few hours for any amount of money, it also provides anonymous transaction. |
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Once again the price has been increasing regularly with more momentum. Today once again the price has grown high crossing $6000 getting recorded to the historical list of days bitcoin staying above $6000. This time possibly possibly the price will stay above $6000 for a long time taking it to reach $7000 which is the new barrier.
Bitcoin itself will break it ATH again and again. This upwards trend will continue until the segwit2x, as I guess. Thank you Bitcoin for reaching another all time high. Only BTC will be legitimate investment. I agree with you, price will go up and up until segwit 2x fork will happen (people want their free money). Probably a (big?) correction will occur after the fork has happened. Nope, in my opinion, with the current price of Bitcoin, we will see a correction of the price before the hardfork. The whale need to do that before the last week before hardfork begin to buy a lot of Bitcoin and pump it. |
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Oh it will never happend that cash will extinct, cash is the basis in this world, while we are buying our wants and needs, cash is the number 1 need, and we need cash to survive in this society, if theres no cash theres no good future for your education, for our self, for our work etc, cash is part of history of all goverment so it will never happend that it will be extinct.
Money as we know it, in cash form has already start dying. More and more people are using pay cars and credit cards for paying their daily needs. That means, that one day cash will be gone, everything will be done electronically. Also you are wrong when you say that society need cash (paper money). You don't need cash to survive, you can do that easily without it. Therefor, one day we will stop using cash, and I think that is good. Because everything will be faster and easier, also cleaner. The paper money can disappear in future, but it does not mean the FIAT system will disappear with paper money. You must to know we still using the FIAT system of the government when we use credit card for paying. Therefore, unless Bitcoin replace FIAT and become the primary payment method, that is the end of FIAT and paper money. |
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Yes, got you intrigued, didn't it?
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
I think this two currencies are both different currencies that have different advantages, but I can say that together, they could be of more advantage to their users, buyers and investors. I wouldn't say that bitcoin would want to replace fiat because that is not its original purpose. I would like to think of this two as partners, that helps each other to give its users a much better advantage or experience. If we have a world can accept Bitcoin as a digital currency without controller or manager, I think the world can be worst. Because the crime will take advantage the Bitcoin system for their transaction, the student will become to investor because the profitable of Bitcoin made them interested and quit school... |
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I don't think so that banks will disappear because of bitcoin. We still need real fiat in everyday life for our childs daily allowance, paying of tuition, etc., Maybe time will come that many banks will also tie up to bitcoin exchanger sites so that we can easily transfer bitcoin to cash and vice versa. The banking system and Bitcoin will never cooporate, as far as I know, only the Japanese government accepted Bitcoin and cooporate to Bitcoin for improve their economy. While, other large countries do not accept Bitcoin and just see it as a stock, asset or goods normal. |
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today more and more crypto coins are emerging, although bitcoin prices continue to rise but nobody can guarantee that bitcoin will have a good future
Yes its true but atleast that future is in the hands of many people who invests and believes that bitcoin will have a good future and not by rich individual who is fond of holding to make themselves millionaires and don't care about others. Absolutely. It depends all in the interest that bitcoin are gaining to people which is now the highlight of the new market. Of course the more people uses and invest in the more brighter the future of bitcoin as the value will increases day by day. There are some hindrances but we're more optimistic that those as we see each day a moon behind the clouds. Yeah now almost all the people are buying and investing in the bitcoin and this is the reason why the bitcoin is growing more and more. Now the use of the bitcoin is very easy and the transaction of the bitcoin is not taking very much time because all the people are having it and they are aware of the use and the technologies of the bitcoin so you are very safe for the future if you are using the bitcoin. I do not think Bitcoin can guarantees our money always safe in Bitcoin. There are many cases have lost Bitcoin by hacker attack. You must to know, more digital, technology, the hacker will take advantage the bugs system to rob all money of the user. Unless, the user know the method to keep safe their money. |
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The safest way to keep your bitcoin is your personal wallet. It depends upon you if large amount of money have the privacy and wallet details are so tight. The best thing is to change your privacy and change your password after regular intervals. For many users they use blockchain wallet and they use hundreds of transaction through this without any complain regarding safety and unsafety.
you will save the bitcoin in the wallet. It safe and save your bitcoin. Bitcoin is good safety to your account information it will give to the handling process. You only handily the process. It will be counite to you. Bitcoin is all ways safe. Don't show the detail to other person. Some booty use your account wrong way. but nevertheless very often there is information that hack Bitcoin wallets and users lose their coins. I think that after all, there is some detail about which no one talks and it is dangerous for many. Recently, as far as I know, it seems the hackers just can access the cookie and saved username/password or account same data in all website to rob Bitcoin of Bitcoin user use wallet online. I do not know any case about the Bitcoin user use Bitcoin desktop wallet and own private key. However, why do you not turn on 2FA to security your Bitcoin wallet account? |
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
Bitcoin Value is volatile. It depends on the supply and demand factor, it may rise or drop anytime. Just like the value of dollars or any kind of money, it could be rise or drop based on the investor who buy and sell in the market. If im not mistaken, I saw it with PHP83,000 last 2010 price but see it now it will rise up to PHP325,000. Now, the value of bitcoin rising up so lets do try this one. I think it also boils down to the number of investors investing in bitcoin. If there are few investors, or majority pulling out their shares, technically prices will go down. But when there are plenty of investors investing a good amount of money, then prices will be pretty high as well. Not to mention the increase in demand by people who wants bitcoin too. The rich investors still can not against the total capital of all traders in the market. So, increase the demand will be better than more investors has huge money. Of course, they still can help the Bitcoin price increases, but it not stable. |
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With ETH and Bitcoin, I am not panic. But with new altcoins, maybe I will sell immediately. Cut loss and find others coin to invest. That's my strategy. Thats nice but bear in mind that some new altcoins have a good future too like RPX etc... ETH and Bitcoins is stable currency also to include top coins in the market. What is RPX? I do not know this coin, it look like as a new shitcoin created recently haha. About Ethereum and Bitcoin, though the price of Bitcoin are increasing, but do not forget the Bitcoin rates of Ethereum are decreasing  |
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You should tell teenage and children with bitcoin like it's a digital money, it's a form of money which is made and stored in computer. It can also be stored in paper wallet. It is made by the process known as mining.
Just tell them that it is a digital currency, in fact the first digital currency online made by Satoshi Nakamoto. It is a currency that is widely accepted online but not that offline. Teenagers can be attracted to it if you say that they can earn money through it without even investing any amount of money. Why? They still need to spend their time to work hard in Bitcoin, there is no way can make money without spend anything. Spend your time also meaning investing your time in Bitcoin, you are investing the time to research and make money from it, it is not free. |
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Look around and answer the question your self. It is obvious that there is no going down in the future and there is nothing that is going to change that. There is nothing but evidence to the contrary of a drop and yet people always try to create an issue where there is none. keep trying to turn the apple cart and one day you just might manage to do so.
Everything happens for a reason and as far as bitcoin price was concerned here fluctuations happened in a smooth movement and not a sudden changes. For now the trend was really going up and dropping down so far wasn't that visible compared from last months track records of bitcoin price performances. However panic was still there even if price stabilized due to this currency is volatile. As of now bitcoin price is continuing to rise up. It almost reaches 6000k USD . And many of the bitcoin users are glad that this is happening. Although the more the bitcoin price high, the harder we can earn BTC especially in joining signiture campaign. The rate per rank are dragging down a little bit. But still its ok, we just need to excert an extra effort to earn more. Hey mate, your words seem wrong, the current price of Bitcoin is $6,000 while your words is $6,000k lol. Do you know 1k = 1000 units? Forget that! The salary of signature campaign also changed by the value of Bitcoin, I do not think we can earn a lot of Bitcoin through signature campagin as the past . |
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