Bitcoin Forum
July 02, 2024, 12:09:47 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 [178] 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 ... 232 »
3541  Economy / Trading Discussion / Re: Fighting your own FOMO on: September 27, 2018, 12:49:59 PM
Human nature is full of greed, and FOMO.  Not just in trading but in life as well.  And once you recognize it for your trading, you can recognize it in your day to day life as well, and fighting it can help you deal with every day situations with more rationality and logic.

What sort of psychological tricks do you use on yourself to combat your own FOMO?  Do you still get your own FOMO hitting you when you see a coin blowing up all over the place?

Myself, I practice JiuJitsu as well have learned good meditation from a solid instructor, but the most help I have is from support from fellow traders in a good community.  Hahaha like a support group!
I find that meditation part to be quite funny. How do you expect a grown ass man that has lots of duties to handle to sit around meditating just because they have FOMO (fear of missing out)? This is a kind of situation where you need understanding.

You just need to understand that this is not the end, there will still be another opportunity cause this type of opportunity does not come once. When you’re able understand that, then you will be able to control yourself.
3542  Economy / Trading Discussion / Re: How do you manage your profits in trading? on: September 27, 2018, 11:31:53 AM
I don’t get what you mean by this—“do you suppose to buy so that your profit will not depreciate when the price is going low? 
 
You already said it… no need for further explanation –– you just need to buy when the price is low and sell when it is high. After selling you can wait for the price to fall below the rate at which you sold at, then you will also buy in again at low rate for another chance to sell when it pumps. That’s it, simple right? All it takes is having patience and always make plans, and also have backup plans too.😃
3543  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should investors trust ethereum anymore? on: September 27, 2018, 10:57:43 AM
Of course they should, without any doubt. Ethereum is one of the best altcoins out in the market (if you take XRP out from the list) and others won’t be able to beat that position.

Ethereum wasn’t the only cryptocurrency that fell so badly, a lot of cryptocurrencies did and even Bitcoin did the same – falling from the price of $19000 and down to $6000 and that’ makes it even more risky to invest than Ethereum. Ethereum is good and same thing happened to other coins in the market, so you should invest in it without trust.
3544  Economy / Marketplace / Re: your own factors behind an investment on: September 26, 2018, 11:20:26 AM
of course a good investor will first do its own research (whitepaper, roadmap and etc), besides that what is your biggest motivation?
Everything you just mentioned should be the process for choosing an ICO for investment. One might be okay but any damaged spot on your ship can make it to sink while you’re riding. You can’t just make your decision based on one, you need to consider everything about that ICO to be hundred percent sure that it’s a good one and that’ its never going bankrupt or maybe fail in future.
3545  Economy / Marketplace / Re: about the price of cryptocurrency on: September 26, 2018, 10:50:57 AM
I am newbie just know bitcoin and cryptocurrency 5 months ago whether other cryptocurrency besides bitcoin can compete with current bitcoin value or value and what only bitcoin can be the leader of this cryptocurrency and what is the alignment of a cryptocurrency currency that the price becomes very high
Bitcoin has the highest market cap and that’s probably because it was the first to be released. As for the reason why it has a high price rate for a BTC, I believe that’s because it has a limit and as there are higher demands for it, the price will continue to increase.

It’s not like other altcoins that doesn’t have a limit, they just continue to mine like forever (as long as it continues). And I’m very sure that BTC will remain at the top, due to some reasons.
3546  Economy / Marketplace / Re: Let’s exchange knowledge for knowledge! on: September 26, 2018, 10:06:10 AM
Blockchain borned as a way of decentralization of the economic system and powers. An alternative to an old paradigm of a few that have control on everything. Knowledge can be controlled too... and it is the most important part of us. Without knowledge we are nothing.

We should start taking the mentality of creating new types of wealth for the world. This could be done by helping others with our experience and knowledge, opening door for others.

For me... my dream was  working  in the automotive industry. Designing cars and bringing them to life.
It took me years to arrive to the place where I am know. And a lot of effort and dreams. Specially because I came from a country where doing car design is a big big dream. South America is not the friendliest place to have a dream. I am really great full to a amazing person who showed me the way. Just a few words can change everything. Nowadays he is my mentor and a good friend.

My proposal to you is that I can teach you what is really important in order to become a digital modeler for the car industry... and I mean doing crazy cool cars. In exchange of nothing... just your experience or advice in something that you think is worth knowing or exchanging.

I hope all of you can achieve your dreams one day. And I am sure there is someone out there who had the same dream and he did achieve it and he would be happy sharing with you his key to success Smiley

Peace !
How are you going to be teaching those that are interested in learning that, since we all don’t live at the same location? Are you going to be teaching it online? If so, I will advise you to create on article on everything that has to do with the car modeling and also some practical videos to assist, then you can put it online and paste the link in this forum, then those who are interested can be visiting the site to learn about it. And I also want to say you’re doing a great job by sharing what you know, that’s really good of you.
3547  Economy / Marketplace / Re: What is pushing Ripple Rising prices. I hope to hear the opinions of experts on: September 26, 2018, 09:35:51 AM
Over the past week, Ripple's (XRP) has surpassed the roof. It has grown 140% in the past seven days, up nearly 63% in the past 24 hours, trading at $ 0.61 at the time of the press.Over the past week, Ripple's (XRP) has surpassed the roof. It has grown 140% in the past seven days, up nearly 63% in the past 24 hours, trading at $ 0.61 at the time of the press.
Why is XRP valuable? It is very useful as it is necessary to carry out transactions on the network ripple. Basically it is a "credit card" transaction in the ripple system. Or can think of it like oil or fuel required to operate the system facilitating transactions between banks.
Ripple protocol has been adopted by a variety of banks in different countries. Unlike Bitcoin, the ripple does not use the traditional proofing algorithm, instead uses a repetitive consonant process, specifically for ripple.
Ripple is a distribution project, contract of the accounting algorithm with a bank policy. Provides the preferences options with the current request of the resource and the following the following legal are required. Fine, general brand with large banking or primary files are the reason for the Ripple for the family value.
The first is Ripple alliance with The Bank of Tokyo - Mitsubishi UFJ (BTMU) a bank subsidiary of MUFG Group, the third largest bank in the world and the largest bank in Japan. The alliance brings the Japanese to the global banking group to form the Global Payment Steering Group (GPSG), a rip-off initiative for interbank payments including other big banks such as Bank of America. Merrill Lynch, Santander, Standard Chartered, Westpac Banking Corporation, Royal Bank of Canada and CIBC.Because of this cooperation, the Asian financial sector will become the latest financial institution involved in creating and monitoring payment transaction rules as well as standards for the network of ripples.
Lol, it seems like I’m not the only one that is surprised about what has been happening with Ripple. It’s been long since I last checked the list on coinmarketcap and just recently I check it and was surprised when I saw Ripple as the third and BCH has already fallen to the fourth position.

I think Ripple is the best as of now cause it’s really booming, and I will be waiting for when it will beat Ethereum to the second position. As for Bitcoin, Bitcoin remains the number one as always.
3548  Alternate cryptocurrencies / Altcoin Discussion / Re: which month most properly invest in crypto currency? on: September 25, 2018, 09:39:17 AM

hello i am confused what month i am investing in crypto currency because now months i do not know because too low market value.

should I invest now what is it and lost?


thank you Smiley
There is no particular month that you can invest without losing money, no month is safe, but it’s probably best to invest during the ember months cause that’s when the price of most coins in the market usually shows signs of recovery and by December you will see them pump a bit and then in the new year they start to fall again. But some people are fond of thinking that every year will continue to be like 2017, but it’s not going to be like that cause things are changing this time.
3549  Economy / Speculation / Re: BTC Price dropped on: September 25, 2018, 09:08:36 AM
Does somebody know why the BTC price dropped with 5%? Is there a reason?  Huh
What I have read on the forum the last couple of days it was expected that the BTC price and ETH price would rise.



From May to September it has dropped a lot of times more than the 5% you’re talking about. And as for the prediction they made about price increase on May, you’re saying the truth, I saw that when they claimed that price will rise but that never happened and till today there is no sign of that, although price has going up slowly through out this month of September and BTC is already at the price rate of $6,600+.lets hope that it continues to increase from there till the end of the year.
3550  Economy / Marketplace / Re: I SOLD ALL MY BITCOINS on: September 25, 2018, 08:07:16 AM
I have been following bitcoins for the past 4 years. i am an Enginner. i remember how bitcoin was introduced to Me. To be honest, i was thruogh ponzi. i used to deposit over 0.1,0.4 to earn 0.7 to 0.9 bitcoins and i made a lot of Money. then, suddenly i decided to go for the killer jackpot and stack all my btc for once. i can remember clearly when a friend was advising me NEVER TO PUT ALL My eggs in one basket. i refused to listen and insist that it is only by strong will can one survived.
 Unfortunately I LOST EVERYTHING.  IT was my life saving. Both my earning and my interest.
To cut the story short. i borrow money form the friend that was advising me not to stake everything. i need to pay back. But i will never depart from my lesson learnt from the bitcoin  stuff. i bought another bitcoins last year august and keep it away from anything. i strongly believed that i will still get my money and my friends money.
Thanks to the current Market, I HAVE TO SELL EVERTHING TO PAY MY DEPTHS.

NOW I AM FREEEE.

So do you mean that you took every money you had in your bank account and invested everything in Bitcoin? If that’s true, then you did a really stupid thing by doing that, and that’s not how smart investors play their game.

You need to start investing smartly and stop going all in, always leave a percentage of your money and invest a little. You’re just lucky that you were able to recover everything, you’re really lucky indeed. I’m sure that you have learnt your lessons.
3551  Economy / Marketplace / Re: Have you ever bought a product with Bitcoin and what do you want to buy? on: September 22, 2018, 11:23:17 AM
Today, many people use Bitcoin for investment purposes. There are a lot of people who have paid with Bitcoin before, what do you think about this?

I have never used Bitcoin to buy a product direct, but when I was still new and never knew much about Bitcoin I was using the Bitcoins I have then to buy lots of Amazon gift cards which I later used to buy some stuffs from Amazon. Sold some of the gift cards and also gave some of them out for free to my friends and family. But later I stopped buying gift cards and now I’m selling Bitcoins when I need to and getting my money paid into my bank account straight.
3552  Economy / Marketplace / Re: Encouraging People to Stay on: September 22, 2018, 10:51:38 AM
Bitcoin is stable for months, what to do?.These are the questions roaming on every topic on this forum so im  helping you decide whether you want to sell it or buy something. Well, im promoting buying so here's why.

You probably have some coins bought when the price is still high, and you want to sell it because you are afraid that it may go deeper and you lose more. These is called the panic sellers which triggers When the value of the coins they are trading or holding pump down. What will happen? You will claim that you defeated and surrender for what we say bear manipulation. You just gave your money to them, you get depressed and you eill post bad news about bitcoin so that a lot people would be discouraged to invest. It doesnt help yourself and doesnt help other people either.

But what if, instead of declaring you lose, you hold your coins until it goes back because we both know that this drop is just temporary and when the value get tired of being low, it will soar high again. Its a winwin situation for us financially and emotionally. Yes , it is depressing until it still low but we know we are not lose until we sell it. More money, lesser stress.

We should take this low value opportunity to buy rather ranting nonsense that wouldnt help. Have a strong heart people.
Lots of things has happened in cryptocurrency world and I believe that a lot of people have seen all that, so you don’t really need to explain anything to anybody, you just need to worry about yourself and have no business with other people’s business. Whether they want to stay or not shouldn’t bother you at all, there are more important things to focus on than that, and you should be serious with your business and make sure you are earning from what you are doing.
3553  Economy / Economics / Re: Politicians fear cryptocurrency because it will stop corruption. on: September 22, 2018, 09:45:29 AM
The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.
How sure are you that Bitcoin is going to stop corruption, how did you know that, have you cared to make proper research and know everything about Bitcoin and how it works? Hmmm… or haven’t you heard that Bitcoin has been used to launder money several times? 😕😏 So if I’m now saying the truth, how does that make Bitcoin a tool for stopping corruption? One thing you should know is that these men in power will always find a way to steal money.
3554  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Invest in ICO this time, yes or no? on: September 22, 2018, 09:13:10 AM
There is really money when there is blood. That's how i look in every crashing situations where the market bleeds. It's the most preferred time to invest and pour in your money because the price of tokens are very low which means you can bagged your desired crypto at a very cheap price.
Yes you’re right. This is the perfect time and whenever the market is down that means that every token will be sold for a cheap price and when the price goes up you will make profit.

I haven’t invested in any ICO for this year, I have been trying to raise some money for something else, but I think I will look into this and see if there is any good ICO around so I can invest in it since the market is pretty much down and may rise at anytime.
3555  Economy / Trading Discussion / Re: How I handle crypto regret on: September 22, 2018, 08:00:43 AM
Regret is an inevitable state of mind in crypto at one point or another:-

why didn't I buy that coin when it was $0.50?
why did I sell this coin early?
why didn't I take profits on the way up, only to see the value fall 50% in a market crash? (a lot of us in the last crash!)
why didn't I buy the dip?
why did I FOMO and buy at the ATH and now I'm holding an unrealised loss?
why didn't I buy more of this coin?
We're all going to make "mistakes" that lead to a feeling of regret and self-admonishment.

I have a couple of strategies here to help me dampen the feeling of regret.

1. I have to realise that regret is largely based on a "maximalist"/perfectionist mindset, which is both unrealistic and unhealthy. We are attached to the notion of maximising profits. But what would that involve? It would involve being the perfect, machine-like investor. Always buying low, selling at an ATH, taking profits at the perfect time. It's an impossible standard to live up to.

If I make a profit, I compare my profits to the stock market. If you do THAT, realise you're likely "killing it" even with a "modest" 100% gain (it's ridiculous even to put "modest" here). If you can make a 10% gain a YEAR in the stock market, that's considered a success.

Also realise that the maximalist attitude is largely shaped around only hearing one side of the story of other people's trades. People boast when they're winning, and they're quiet when they're losing. Therefore, you can start to think that everyone's doing incredibly well.

2. I can only compare myself to the other me who didn't get into cryptos at all. That's your baseline to compare to. There really is no other baseline. It's damaging and outright delusional to compare yourself to the "perfect you" that always bought at the exact bottom and sold at the exact top. That you does not exist. It's a damaging fantasy that always leads to you beating yourself up about not making the most optimal decision at each and every turn. Cryptos can quickly lose its fun if you think along those lines.

Are you in profit (as in cashed out your initial investment + profits in fiat)? Then you're winning - you're doing better than the other you that didn't bother with cryptos. Congratulations. You should extinguish any regret, and actually feel contentment at your achievement. Forget the "what ifs?" - you made a decision that has made you better off financially and you've learned a fair amount along the way.

Are you holding an unrealised loss? Then know that it's unrealised and while that can be stressful, you're doing well to hold on and you can be proud that you haven't sold yet. It won't fix the regret so easily, but you have the hope your unrealised loss can turn into a realised profit.

Are you actually making a realised loss in cryptos? Of course, this is the hardest situation of all. All you can do is see it as a lesson you paid for. Nothing is without value, and you will have learned something along the way. You gave something a try, and financially it didn't work out. You may not be out of the game, so you could be in profit in a few days or weeks' time. Or maybe you've just had enough. Fair play. Know that you're actually in a big group of people. Lots of people have faced your situation and come out the other side OK. I lost a fair amount of money in Forex a few years ago. I felt crap for a while, then I stopped feeling crap. Luckily, life moves on. Actually, without that experience with Forex, I doubt I would have found any interest in cryptos - and I have profited from cryptos much more than my Forex losses - so there is that. Plus, cryptos are a LOT more fun than Forex.

I know that everything above is purely based on financial regret, and the counterargument is that "there's more to cryptos than just making a profit" - but when it comes to regret, it's almost always about money.
I have grown past regretting things like this, there are things that are worth regretting and not this one. I wasn’t aware of Bitcoin and nobody told me about it as of the time it was new and cheap and that’s also in the past, so why would I be killing myself over that.

And by the way, none of the people then knew that Bitcoin would the current it’s at now, and I’m very sure that none of them saved up from then till now, if there is, it will only be a few.
3556  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The death of Ethereum is inevitable? Can ETH on the price of $100? on: September 21, 2018, 11:00:12 AM
The death of Ethereum is inevitable? Can ETH on the price of $100? What's going on? A lot of criticism and project ICO
Lol, I find it quite funny when I see people saying that the end is coming for bigger cryptocurrencies. This is the same way they said that it is the end for Bitcoin and a lot of people were being afraid and started withdrawing, but still what happened? At the end it wasn’t what’ they thought, rather Bitcoin broke records.

And now saying the same thing about Ethereum is quite funny because the same Ethereum started recovering last week and is already at the price rate of $208 or so.
3557  Alternate cryptocurrencies / Altcoin Discussion / Re: Why exchange want to bank details for kyc??? on: September 21, 2018, 10:27:46 AM
Hello every one please post your valuable suggest, why an exchange required  bank account details to complicate their user verifying, are is it legal for crypto market , generally we give passports, or national I’d card to verify exchange account . I see some one exchange require bank details to verifying their user account. Please everyone give suggestion about this.  Thanks everyone
Which exchanger are you talking about, because each one of them is likely to have a different reason for requesting for users bank details. But I think the only time you should ask for your bank details is when you want to withdraw your money from the exchanger.

By the way you need to be very careful on the information your give out these days because it’s very risky, they can steal your information and sell it on the dark web.
3558  Economy / Marketplace / Re: what is it : coin price (or market) correction? on: September 21, 2018, 09:52:05 AM
sometimes i hear about :coin price (or market) correction  term ,  What is the precise definition of this term? When and how does it happen? And why?
I think correction takes place when the devs believes that the price of a particular asset or so its being valued more than the rate its supposed to the valued. So I just think that the price of Bitcoin bubbled too much and got to a very high price more than what it’s meant to be and that’s why the devs has chosen to take action and put it to what it’s meant to be. But that doesn’t stop another price bubble from taking place.
3559  Economy / Economics / Re: Friends reactions to crypto currencies? on: September 21, 2018, 09:21:43 AM
I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?
Everyone have their own opinion on cryptocurrency /Bitcoin. When I tell some of them they just say they are not ready for it cause they already have a job doing and they believe that it pays them more than they will get from Bitcoin. Then some say that it’s a scam and they keep on telling me that I should quit from it. There are also others who are being reluctant about it and they are just confuse and also use the high price as an excuse.
3560  Economy / Economics / Re: Blockchain future on: September 21, 2018, 08:17:38 AM
Hi Guys ! What you think about feature of blockchain startups?
What are you really referring to, do you mean projects that are being raised on Blockchain? If you’re following up with the news you will know that most of them are doing pretty good and raising huge funds to run the project. So I’m thinking the future is likely to be the same as it is now and everything will be moving pretty fine without much problems.
Pages: « 1 ... 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 [178] 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 ... 232 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!