I guess by your definition I'm a bull. Always putting in but not taking out. The taking out will be done by my kids I'm guessing. Whether they have anything to take out or not is a giant unknown. So maybe I'm a grouchy bull.
I will only take profit with investment with both way bull and bear group I think both this way give profit, for faster way get profit is better than we have hold for long time, maybe I will allow bear's group if price down and have big chance to get profit for long term, you can get profit with bull's group because is faster. No matter which group you belong to as long as you are making profit, it is fine to be a bull or bear. However, this is the fact that bears can make more profit than bulls if they have good understanding of how to play the market. Moreover, in the beginning a person should be a long term investor because for earning money in short periods, one needs to have good experience with crypto currencies. The trader makes the most money in the market not the long term investor in my opinion. Traders are the one who can easily find an opportunity in every market price movement and they can make profit out of that by just trading from the volatility that the market offers. Long term investor is kinda like for the people who don't want to stress themselves out from the volatility of cryptocurrency. Indeed trading is far beneficial than simple holding. With the volatility that bitcoin offers, a trader has more chances of getting rich than a long term investor but both have their own pros and cons. Trading is a risky profession or you can say a bit difficult and tricky one. In order to succeed in it, one must have very firm knowledge of asset he is trading into and that asset also needs to be bitcoin. |
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Ethereum has confronted an accident underneath $160 this year, learnt by The Coin Republic. It is said that this week has been unsafe for ethereum. The destruction was unforeseen of it as in the ongoing occasions ethereum was performing truly well like it generally does. It would hold a gathering in Osaka this year. The destruction was in reality a cruel blow on it. It was at that point dropped to $220 and after that to $160 per token. The following day ended up being random as the value rose to $175. Positive thinking and confidence in ethereum were reestablished in brokers. News Source: TheCoinRepublic although now ethereum prices are downfall in this year but I am still very optimistic and believe that ethereum prices will rise again in the near future.. because in my opinion Ethereum is a trusted platform and is used by all cryptocurency users in the world.. and there is still a big chance for ethereum to find its highest price again in the near future.. so don't panic too much in seeing the current condition of the cryptocurency market. So it is the best time to buy Ethereum now as the price is good for the investment and those people will be very lucky in future because looking at the market Ethereum is the second coin after Bitcoin, so it means that still Ethereum is much better than other coins in the market, and no one knows about the price prediction of Ethereum as crypto always surprises the people about price, may be the demand become high and it recover soon. |
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Thanks to sharing nice Info no doubt Malta is on top and as per my knowledge the Binance exchange is also now handled from malta and many more. Russia and the rest of Europe are also a good future for crypto trading.
Crypto trading is welcomed by almost all of those country that are considered as developed as they understand the true power and worth of technology. Bitcoin is the future of money. Majority is still unaware of it and only a small portion of world population is investing in digital currencies. These are the people who will become rich in future without doing any hard work. Such supporting countries are also important for prosperity of new technologies. |
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It depends on the asset we are holding, some assets, yeah, will fade away in time and we should sell whenever we get them. However there are some projects that has a bright future and we should get as much as we can while it is still cheap. Those assets will be the ones giving us the most profit. We better buy cheap coins in the meantime.
Therefore, it is best to not invest in those assets that are destined to fade away. IN this case, either they will be scam or mere bubbles. Both don't sound very good. While we have option like bitcoin., thinking about any other coin is not very sensible. I agree, it is a bit expensive for most f us but then again, to make big profits from it does not demand buying a lot of bitcoin at one time. Stay with the trustworthy ones. |
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Theoretically, stock trading and crypto trading is not much different but when it comes into real practice, it would look very different and this is not a big problem. It's normal as you may not have enough experience yet to practice. So just go on, mistake made - learn it - things done right. Don't rely too much on technical analysis. Why do you have to rely your decisions on signals if you could make your own strategy in trading? If you're failing, then try to check whether your strategy is still applicable. Try to do a series of research and just have continuous learning. The market is really unpredictable so you have to deal with the changes and take it as an opportunity to earn by applying the basics of trading which is to buy low and to sell high.
Technical analysis is good for short-term trading while fundamental analysis is more for long-term trades or holding so he wasn't wrong at all in choosing his analysis and it's just about experience. Also, he wasn't talking about signals and stock market is more predictable than crypto. You seem either didn't read the whole OP post or didn't try to understand what he is asking about. Spamming signature, aren't you? I am also of the opinion that analysis play a very important role in making right decision at right time in this world of digital trading. You cannot make all decisions on your own, without reading experts views and technical analysis taken. With the passage of time, as the trader gets more experience he can get more benefit from such tools. No one can blow arrows in air when dealing with assets like bitcoin and Ethereum. |
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Nice analysis but then Bitcoin is acting away from all those. Most of the TAs are failures in terms of grasping the next movement of Bitcoin. A lot of great TAs at face value failed to really foresee the pattern that Bitcoin is going to make in the next hours, days, and months. But nice try. Everyone's trying to catch Bitcoin's next step. And what makes trading fun at the same time frustrating is that Bitcoin's next step is too elusive.
This is the reason why I keep on saying no one really knows bitcoin. You think you know enough about it and can do the predictions accurately, here it is proving your predictions incorrect and telling you to learn and explore me more. Bitcoin is indeed a beneficial game abut all big things come with big efforts. Still with the fact that it is going to gain a lot of value, it is the easiest way to become rich. |
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Anyone has seen the market today, how much is altcoin dominance? I'm not sure that ETH will do that. Almost all altcoins that are at the top of the digital currency and have a large community, use BTC pair of their digital currency. There is still a lot of bitcoin dominance in the market, ETH will lose demand in market if they delete ETH/BTC. Nothing can beat bitcoin for sure. Bitcoin is the whole reason why altcoins are surviving in this world. Ethereum is nothing without bitcoin. The whole digital coin depends on the king of crypto currencies, bitcoin. As far as the matter of dominance goes, bitcoin was is and will remain the dominant and no coin can takes it place. All of us can blindly trust bitcoin and altcoins need it for their survival. |
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The world market is suffering big crash, which means there is not much of spending ability with the common people. The circulation is getting slowed down causing accumulation. This is where the inflation happens, for this some countries have taken initiative to supply money to the low bottom through different schemes to enrich the circulation.
Apart from this countries have stopped printing of the high denomination currencies to limit the accumulation done. Through these process the fiat money inflation gets controlled to a very small margin. This is why the people's eye were towards gold, bitcoin and other valuables that is valued high and has the increased probability for growth through its limited supply.
We have been through these things for long now. Such problems rather crisis have been with us since the birth of fiat and now the time has come when we get a permanent solution for such things. Fiat and printing of money being controlled by government has only cause problems for common people. Therefore, it is best for us to go with bitcoin and free ourselves from anyone’s control and all such crisis. |
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I guess by your definition I'm a bull. Always putting in but not taking out. The taking out will be done by my kids I'm guessing. Whether they have anything to take out or not is a giant unknown. So maybe I'm a grouchy bull.
I will only take profit with investment with both way bull and bear group I think both this way give profit, for faster way get profit is better than we have hold for long time, maybe I will allow bear's group if price down and have big chance to get profit for long term, you can get profit with bull's group because is faster. No matter which group you belong to as long as you are making profit, it is fine to be a bull or bear. However, this is the fact that bears can make more profit than bulls if they have good understanding of how to play the market. Moreover, in the beginning a person should be a long term investor because for earning money in short periods, one needs to have good experience with crypto currencies. |
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Cryptocurrencies will never go to zero. As for me, there will be altcoins that will die in time especially those without a good value and inactive team but when it comes to top coins especially Bitcoin and Ethereum, it will be impossible for these coins to end as bubbles. We can't conclude that the blockchain technology would die that easy because there are lots of adoptions occurring around us.
I do not believe Cryptocurrency will die instead I think someday cryptocurrency will be useful in any small matter the future has now applied the blockchain system from various adoptions around us, even I think again altcoin will emerge with promising projects, for fraud now many have been detected and people already know. That is true. Altcoins just come and go. There are only few altcoins that have survived from the beginning. No doubt digital currencies is a hot topic and this is the whole reason why people are being scammed. They know little bit about digital market and take the leap without having necessary skills. There is always good and bad, it is up to us to choose the right one. The best is to go for bitcoin or ethereum. |
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Because I'm not a person who likes to wait and invest in things that are uncertain. I agree with the 4th point OP, invest in the top 10 conmarketcap. Many fraud investment projects and scammin to investors are the reason why I prioritize investments in the top 10 cmc. if I chose to invest in a new project maybe I would choose an exchange-based investment project.
Going with the top tens is secure certainly. They are top ten because community has supported it for long time and people have invested. I never ever suggest anyone to go with new opportunities when the market has given us benefit promising coins like bitcoin. If someone is serious about it, he should not waste his time trying new projects. First option must be bitcoin and then ethereum is also good for investing. |
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there are many exchanges better than tradenix, such as binance, coinbase, bitfinex, bitmex, etc. you can choose that one exchange
if you are a beginner, then learn at the basic first, learn technical analysis such as support, resistance, indicator, ect. it can make ur trading better
make sure that u use small money for practice, after you are good enough, you can use much money
Before entering the market, you need to prepare a lot of knowledge because this is not an ordinary market that can help you earn high profits. In fact, 80% of new investors entering this market often lose more money because they are not ready for trading and often tend to sell when there is no good profit. I often recommend that some newcomers participate in crypto-related events so that they have more experience and good strategies before they start investing. It's okay to lose money for as long as you are learning from your experience, no trader become rich at very short period of time, it takes a lot of experience, money, time and learning before you will finally become expert. It would take few months or a year depending on how dedicated you are. Perseverance and patience are one key factors in trading. nice bro, we learn from our experience, that is the way to success in trading we lose money at the beginning trade, that's way many people tell to use small amount in the beginning trade. it can reduce our lose after we understand enough and get profit consistent, we can increase our amount so we can get better result I am also not of the opinion to try out new stuff in the world of digital currencies. Whether, they are ICOs, tokens, wallets or exchanges, in order to stay safe and healthy, it is best to go with the existing ones. What is the point in risking when you can get a ot out of your safe game? Like you said, volume matters and no newly born exchange can give traders benefits like the old ones. Keep coins safe. |
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Even despite the fact that many governments of different countries express a negative attitude towards cryptocurrency, many countries have long been pursuing a policy of transferring their citizens to cashless payments. I believe that in this regard, cryptocurrency will greatly help and improve the quality of services received by each person.
Government is still finding ways to solve the dark side of cryptocurrency in which could take a lot of years given the nature that creating a new regulation is very slow but I doubt that most of the countries will just create their own coin if ever they convert into a digital currency so they can have a full control. I agree with you. This is the case at present. However, we can see that technology has now covered far remote areas of our world too. Internet needs to touch few places but it really does not matter if tribes of Amazon don't agree upon using bitcoin against fiat, because they are not in the game at all. Crypto currencies are the future of money and sooner or later, we will be dealing with them only. So it is best for us to collect them sooner. |
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First of all you should realize that only 1% really gets rich. Some people earn some money that make them more comfortable and think they're rich but they're not. Getting a house and a car is not rich. It's just earning what all of us should have. Living with your parents and driving a 20 year old car is below dignity, below the average. Being rich is far above the average!
To be rich you have to do something the rest wouldn't. Some people are smarter than the average others more attractive and others have rich parents. Stop being like the rest and you'll have a chance.
You are right that only a few become truly rich. All the rest, most often, are satisfied with the comfortable conditions that they provide the income that they receive. These people have enough of their comfort zone, but real wealth lies outside the comfort zone. That is why so few people are truly rich. Only 1% get rich because of the fact that they changed and sacrifice everything for them to get rich, they never tired or doing something new, they are having their sources of income in a multiple way, they have patience in everything they do, and they are positive in every aspect. They don't stress out their selves in every problem but they are seeking for solutions. Or may be they simply invested in bitcoin earlier than all of us, and then they simply let it grow. This is how you become millionaire with brains or luck. Not everyone of us is willing to work 24/7 but we all want to get financially stable. In that case, bitcoin is the solution. Though it is not as cheap as it was once, but still if we earn even some of coins, we will be more rich than our imaginations in future. |
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I think because at this time in the future there have been signs of using digital currencies so that bitcoin and other cryptocurrency are increasing because there will be many requests that will use digital currencies that will make transactions that prove to be more efficient and easier when you want to use them.
People are gradually relying too much on technology like they are wearing smart watches, living in smart houses, want to create smart cities etc. so the concept of blockchain technology or bitcoin is very intriguing for them. It would be so easy for them to handle all their transactions without heavy fees. Elite class will be soon seen dealing in bitcoin. |
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It's hard to win a huge amount when you only have small amount of capital. You will need a lot of luck and it would take you a lot of time before winning a huge amount which is also hard since some games aren't good for long run.
That's right. I think the saying "big risks equals big returns" applies there. I mean, it could either be you bet big then won big or you bet small but won the jackpot prize. But, of course, as you have said, it will take lots of luck or experience to acquire such result. I haven't experienced winning huge amount (well we have our own definition of huge amount) since I don't gamble a lot, only if I have free time and I don't give much amount on my capital. I won't risk much money on gambling cause gambling is just for fun and entertainment for me.
Same here! I only gamble what I can afford to lose and play during my leisure time, either alone or with my friends. I don't see gambling as a source of income because nothing is ever certain in gambling. Plus, I don't think I was born to become a professional gambler.  This is a rule of gambling that you play with only that money which does not affect you much even if lost. I have seen people going bankrupt just because they had feeling of winning jackpot or were simply greedy. I am not going to put my all savings on betting and that too single bet. I would rather like to invest into small bets off and on. |
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I think for the 3 things that should be avoided when trading maybe the first, 1. Patience 2. Emotions and most importantly 3. don't let you be affected by the bad news, so I think this trait you should be able to avoid when trading cryptocurrency because it will make you lose if you can not control all three.
Your emotions are your enemies during business especially when you are involved into something as volatile as the prices of crypto currencies or the values of shares in stock market. As far as rumors are concerned, they are often spread on purpose to make the opponent deal with baseless problems in order to retain its customers. |
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As a newbie you need to try and perform daily trade with small capital only to make you familiarized about the trading flow. Because it is hard to invest in long term trading if you only invest a small amount because you are not knowledgable yet. And if you already learn using daily trade you can now proceed in long term trade and raised more capital.
There is so much to learn in trading. you need to have sound knowledge about coins such as which altcoins are there for generating nice profit in day trading and which one are there for long term trading. There are only few altcoins that are capable of pairing up with bitcoin for producing nice profit in long term trading or holding. Whatever you want to do in market, do it with proper information. |
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Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
There are many differences between gold and Bitcoin. BTC is a cryptocurrency and a digital asset, while gold is, basically, a physical asset, not a currency. So it is obvious that the usability of BTC is, in theory at least, larger than gold, despite that people around the world still trust gold more than any cryptocurrency. But I agree that BTC value is going to rise with time. if the supply doesn't change I'm sure Bitcoin will be in line with gold, time has already answered, bitcoin from $ 1 to $ 16000 in just a few years, and now experiencing correction is very reasonable, hopefully bitcoin will still be there for the next 100 years Bitcoin is the digital form of assets like gold or diamond. A century is nothing in front of bitcoin popularity, I am sure it is going to last forever until and unless world has access to internet. World is moving towards smart cities, then how can we think smart currencies will disappear? Bitcoin will be inherited by people in nearby future as an asset. |
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Right now, bitcoin is at the price which is quite low as compared to the last pump and those who really want to have great money are at present hunting bitcoin because the market is pushing it towards pump. So many people are buying bitcoin and putting it in their wallets to show great increase in the number of holders. Great holdings generate great money.
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