Hi, i decided to invest some money in cheap altcoin for medium term but i'm new in this business, so i have queries Is their wallets can hold this currency? please suggest. if not and i have to hold it in the market i had bought , which market u advise me to deal with? and is it safe to hold it in the market? Thanks
You can use any wallet you want, as long you always keep protect wallet with difficult password, using the same pc for transaction, never share your private ID, everything will safe. Most people using MEW and Bittrex ( exchange ) for their needed, but keep safe your data and private key. Just suggestion, before start something you should learn and know the risk. It will help you to decide what the best option for you. Have a nice day.
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How much bitcoin you got per mount ? I don't know how to answer your question, because bitcoin is alternative income. Sometime " take profit " and sometime " loss " and I can't say " salary " because the number always changed. For newbie like me 0,3 - 0,5 btc/ month is very good income, but if I want go higher always loss. There's something I need to fix about strategy, so let's do it. Have a nice day.
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Yep, I got some BCH from the fork as a lot of hodler out there and I'm not sure what would the best thing to do with it (in term of long term return of investement).
I would like to hear the opinion of a few experienced traders on this before making my mind.
If yes, what would be the best way to do this?
Thanks!
See again your strategy, I think you miss something. You only need to see price action using long time period ( week - month ) and also volume transactions. Investment not like trading, it's only need take the right coin and hold it. You can take 2 option, buy another coin or exchange become currency ( take profit ). Your decision your risk and have a nice day.
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Yep, I got some BCH from the fork as a lot of hodler out there and I'm not sure what would the best thing to do with it (in term of long term return of investement).
I would like to hear the opinion of a few experienced traders on this before making my mind.
If yes, what would be the best way to do this?
Thanks!
See again your strategy, I think you miss something. You only need to see price action using long time period ( week - month ) and also volume transactions. Investment not like trading, it's only need take the right coin and hold it. You can take 2 option, buy another coin or exchange become currency ( take profit ). Your decision your risk and have a nice day.
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Hi, I'm planning to pull my insurance to invest in crypto for long period of time and trade a portion as well. Recently, I was wondering if I let my money sleep in my insurance for 10 years it will triple but I'm also thinking that what if at that time the value of my money is still the same as today because of inflation.
Depend the situation, careful with your money. Insurance is a good finance product, will help your need but only when the time comes up. But invest with crypto is just like job, your hard work, time and money will needed and sometimes only loss you have. Know your risk, I suggest invest with " another " money and let your insurance stay in the place. Only suggestion and have a nice day.
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Hello. I have a folio of BTC, ETH, NEO and some alts. I've been watching at Bitcoin since 2015 but bought only at this summer (and the last move was quite bad, I bought some BTC for $4600). I try to study, watch vids, read forum and twitters. Chris Dunn has a vid on the topic but nothing really specific. I'm interested in some ideas about what to do when prices are falling. Sell alts and hold bitcoin? Short? (and if yes, so the next question is how to learn how to short?).
The best you can do is analyze again before making a decision, do that before you take the wrong choice. We all know the price has their own moving and sometimes make us " panic ". When the price become low, see your strategy and buy ( not sell ), I believe your strategy has buy and sell area, but if doesn't it means you're in the big problem. If the price not reach buy/ sell area than hold it, don't forget to manage the money wisely. Have a nice day.
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What do you think is the best strategy in identifying the trade in cryptocurrency world. RSI is not that very effective. I also use MACD for normal trading studies. The morning and evening star is a good indicator too.
You can use indicator you like, choose by your self but always with long time period ( daily - monthly ). For me, long time period make me comfortable because has a better result than short time period. We can analyze the market slowly but sure and until know I never " panic sell ". Your money your decision, but don't use too many indicators, bad result. Have a nice day.
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I feel like i miss the boat or missing the even bigger one. As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers! Most trader has many sources about anything, knowledge, strategy, news or even promote their skill or broker. But exactly, their sources only their memory ( mind ). Believe or not, read many books, join groups or copy trader it's only the beginning. Next thing you need to do is keep practice, repeatedly until you find the best strategy. Follow your experience to build skill straight on the real market. Have a nice day.
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After bitcoin second number best future coin is bitcoin cash. This same coin supply with bitcoin and now most profitable coin in trading and after some days this take place of ETH . So not miss bicoin cash (BCH)
Agree with you but don't forget monero ( xrm ). Let's see their price action history and volume in long time period, you'll know what I see. Those things have stable moving and quiet from news. This is the best indicator to replace money with investment strategy, but not for trading. If you try trading monero, extra patience will be needed. Have a nice day.
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Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?
For trading we don't need pc with high quality, but for mining, we need that. Because you only have laptop, I suggest trading not mining. Mining and trading is not the easy way to make profit, there's risk you must understand before start it. Search knowledge before doing something will help you survive. Have a nice day.
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I believe people can say anything about xrp, but mostly I agree with you. Their price action history, stable volume and also positive news become my indicator to replace money with xrp. Even today xrp get low than before but this is the right time to buy more. But don't forget money management and patience. Have a nice day.
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“One thing very good traders have is insight into themselves.” - Chris Tate FUN AND GAMES Recently Louise Bedford and I have been doing the Short Term Trading Magic seminars in a few places and it has been sometime since I did any form of presentation on a semi regular basis. As such it has been interesting to observe people as they work through various trading issues. One of the things I have noted is that people take trading far too seriously and this is reflected in a form of desperation. Desperation is the antithesis of the state of mind you need to be in to trade effectively. There is no deny that this is a phase everyone enters at some stage in their career but to be successful you need to move beyond this and begin to treat trading as the game that it is. Once I started treating trading as a game then it became so much easier on the soul and my results reflected this. I even have a t-shirt that says that the fewer fucks I give the more I make. This is not to say that I am reckless but rather that I am in no way wedded to the outcome of any trade. At its core my life will not change if a trade or even a cluster of trades are winners or losers – they are simply not that important. When compared to real life, trading is nowhere near as important as people think it is. It is often commented that children are better are learning new things than adults who seem set in their ways. I am not so certain that this is a reflection of any great cognitive superiority or plasticity that the young may have but rather a reflection of their willingness to be both wrong and to play. Young children have no ego therefore the mistakes that their play generate have no impact upon their sense of self-worth. As adults we lose this resilience because we believe that it is somehow catastrophic to our self-image if we do make mistakes. But in trading your mistakes are your own – no one else can see them so you are insulated from the judgment of others. This isolation gives you the freedom to be wrong but the only thing you have to cope with is your own judgment. Markets are a wonderful universes for exploration and for play. The presence of micro contracts in various instruments and online trading mean that you experiment very cheaply. The price of admission to the fun park is much lower than it used to be and the number of rides has gone through the roof. It is a shame that more traders don’t view trading as little more than a theme park where you can play to your heart’s content and during the process of playing you learn much more than you would if you were consumed by seriousness and desperation. Author: Chris Tate Article reproduced with kind permission of: http://tradinggame.com.au/More trading quotes are below: “To my way of thinking trading is an internal endeavour – there is no external enemy who you can deceive or overpower since markets only exist in the most ephemeral way inside your head. Markets may appear to be physical constructs but they are largely an illusion, trading occurs inside your head where your own perceptions and distortions of reality influence your decision making.” – Chris Tate “The one thing you shouldn't feel pressured about is trading. If you do feel that way, you probably need to take a step back and reassess. Pressured trade(r)s don't make good trade(r)s.” – Joe Ross www.tallinex.com wants you to be a successful trader I see trading as a job, not fun or even games. This is a serious job, not for fun. Start trading 2016 and make profit and also loss, sacrifice my off line job and saving. Keep learn to survive and make a good prestige in front of my parents. Hard works, fund and time become my tools to make that happen. Trading isn't fun or games, trust me. Have a nice day.
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The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?
No, you shouldn't. Remember 1 Aug, just pass and go like the wind. When news comes, most people will create their argue and that's makes " panic " situation. Before start trading, we must know someday we will face situation like this. Don't panic and follow your strategy. ICO will still run with or without China. there's' future with ICO and don't miss that. Have a nice day.
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Why bitcoin, litecoin,dash, ethereum price going down today?
My opinion it's just because week end, nothing else. The price going up or down no one knows the right answer, that's why as trader/ investor we must prepare our self. Every week end, most investor/ trader exchange their coins into currency and that's why the coin price go down ( my opinion ). Nothing to worry about the price fall when week end, but you have to make decision to buy or sell, that's it. Stay calm and have a nice day.
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Hello I want to start crypto trading but i don't know how to start trading. Any expert crypto trader, please give me some tips and tricks about crypto trading. And minimum how much amount need to start for crypto trading? thanks
Before start trading, please learn about trading and be patience. Start trading is simple but survives trading is another story. Read some books and join trading group will help you to understand how to become a good trader. Share your knowledge with an expert to help find a good decision. But, if you want to know how good you are let's start now with little money you have. Experience will give you education and unpredictable result. About the money is up to you but 0,05 btc is enough. Have a nice day.
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Hi All,
So, Bitcoin Cash price has fallen down after going as high as 1000 USD. What do you think is the future of Bitcoin Cash?
The Segwit activation in the Bitcoin Network went through successfully. I am not sure about the actual improvements in the Bitcoin Network with respect to Number of Transactions/second or the Transaction Fee after Segwit activation however do you think Bitcoin Cash is here to stay with its 8 MB block size?
Also, there are speculations that Bitcoin Cash might be centralized and most of the mining power is controlled by only few nodes.
And I read that miners are switching back and forth between Bitcoin and Bitcoin Cash since in some cases the Bitcoin Cash network difficulty is lower and more profitable to mine.
What are some of the major events in the pipeline for Bitcoin Cash?
Every coin has chance to become the second coin or more popular than others. But to become like that, need time and hard work. Supply and demand become the major action to raise up and main indicator for investor/ trader to replace their money. Bitcoin Cash also has future but the real market also has their own answer. Just follow the trend and get out before too late. Have a nice day.
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Hi all, What is your favorite trading exchange ? Why do you prefer this exchange ? Do you trade only with your PC or do you use your smartphone also ? Thanks Bittrex and local exchange, nothing else. This is the second year I use Bittrex for trading and make me comfortable. They give me a good services about how to get transaction fast and secure. Even sometimes slowly but still can accepted because there's notice. Local exchange give me the easy way to get local currencies as I need with low fee. Until now using pc and never smartphone. Have a nice day.
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As the question reads. For me:
- The concept/vision - is it innovative? does it solve a real world problem? is the problem it solves something I am interested in? - The team - Size and experience. - How the coin relates to the concept. Is the coin a key part of the platform? Are other payment methods available to users, etc.
Mostly, I agree with your post but I have another opinion. First, how they built communication with members/ users, are they friendly and always giving clear answer not only promises?. Second, will they keep their promise ( rules ) to participant?. As long the give what members/users as friendly expert team, I'll join the ICO. For me communicate is very important thing and will make members comfortable. Have a nice day.
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Have you tried to participate or buying in pre-ICO or ICO token sale? What is the best token that you've bought?
Until now, I never participated or buying in pre ICO or ICO token sale. I have simple reason, that new coin has no history price action or even volume, to give me one good reason to buy it. Second thing, too many coin make me not comfortable to buy. Sometimes I think it's just a " trend " and will ending anyway. I only buying bitcoin and second coins ( eth, monero, ripple ) to make profit on the real market. Be careful with ICO and have a nice day.
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Out of curiousity, I want to ask, "Which are your favorite altcoins?"
I'd say DOGE and LITECOIN.
My favorite coin is monero and eth, another coin, this time I must say no. We all know today's altcoin price has falling down and make sell panic to the most people. But for me, monero and eth has stable volume and that's become my favorite indicator to replace my money, about the price I don't care. As long I have patience is enough and will survive on the real market. Try my strategy and have a nice day.
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