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3681  Economy / Economics / Re: Is the Market Stabilizing? on: December 05, 2018, 11:53:20 AM
What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!)  It can be scary.
Yes, a few days ago we saw a decent drop in the price of bitcoin and another cryptocurrency. This caused a certain panic among holders of cryptocurrency and reminded us that there is no stable cryptocurrency market. The fact that Bitcoin sometimes seems to be stable in price is rather an exception to the general rules of its high price volatility in nature.
No body knows what is the bitcoin low price and it can dump even further from 4000$. Recently we saw dump from 6000$ ( Bitcoin was stable between 6- 6500$ for last 3 months).  To see the real growth of bitcoins, it should be stable in its price.
3682  Economy / Economics / Re: Government should implement blockchain technology to prevent corruption. on: December 05, 2018, 10:36:40 AM
But we can't expect a corrupted government to take steps for anti corruptions. Cheesy

As you said the blockchain can be used in all the transaction for the government related which can help us to have corruption free transactions but the politicians need to implement this system but if they do then they can't make money anymore so they will never do this. Sad

LOL, as expected for the politicians then you are right they should never implement this kind of system because they could no longer earn from their corruption activities. However, If only I am a leader (A president be like) then definitely I will implement a system like this for every public servant employee on doing transaction which involves money.

This is the main reason why government do not implement block chain or bitcoin in their countries. If blockchain is deployed, it would be almost impossible to do the corruption by the politicians especially  for the underdeveloped countries. People should force the government to implement block chain to minimize corruption.
3683  Bitcoin / Bitcoin Discussion / Re: Do we still believe in Bitcoin? on: December 04, 2018, 06:09:23 PM
When we will participate in the crypto world, of course we have to be prepared with all the risks, when someone loses hope because the risk of loss is very high but I still believe in Bitcoin because for me Bitcoin is not only providing investment benefits but also giving new hope in world economy. I also believe that Bitcoin will return to stability.

There is no moment when our faith in bitcoin become zero. Everyone who are involved in bitcoins always believe in it and even if the value falls below 4000$, we still have hope that it will recover well.
3684  Bitcoin / Bitcoin Discussion / Re: Bitcoin Destroyed me at all. on: December 03, 2018, 07:15:10 AM
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.

Many people are in the same state of mind. They are just fed up with bitcoin. Many are waiting that bitcoin again reach to their buying price and they quit. Other have already quitted in loss. If people invested in bitcoin thinking it is short time profit, then it is their wrong approach.
3685  Economy / Speculation / Re: "Buy the dip" is only a strategy for losers on: December 03, 2018, 06:43:38 AM
Looks like we got a hater here who bought at a 19k usd price. That is so sad.

Anyway, you could always wait if you are that patient but I dont think you are since you are way taken by your madness now.

Could it be that you have already sold your bitcoin in exchange for a dusty altcoin just so you could come back.

I do buy the dip and I dont regret it every single penny I used for every satoshi I can accumulate.

You are just too much in a hurry for your ROI which will never happen even in 5 years.

You will probably be better off the crytpo industry.

The ones who have bought bitcoin at 19K are at a very high loss and i think most of them have already sold at loss. People who bought at such high prices were those who had no knowledge of bitcoin and trading and they just invested because of FOMO.
3686  Bitcoin / Bitcoin Discussion / Re: Do we still believe in Bitcoin? on: December 03, 2018, 05:56:05 AM
Yes I truly believe in cryptocurrency. We all know that the basic aim of everyone for participating in any investment market is to earn profits and there is nothing wrong in that. But a person should have some realistic goals. You can invest in something blindly and then expect your money to be doubled in a week. You should research and study properly and take every decision wisely.
The people who are believing to bitcoin are keep increasing as time as time passing by. There are now many situations that the bitcoin proved it toughness and its power. We should believe that the price of the bitcoin will back to normal.

I do not know about other people but for me i think bitcoin is still the future and it will recover soon. As bitcoin moving below 4000$ many people believe on it started to lessen but i still have positive sentiments for bitcoin and digital currencies.
3687  Economy / Economics / Re: Argentina struggles with yet another financial crisis! on: November 21, 2018, 05:05:15 PM
Own Concurrency will not help much as it will be another altcoin. If Argentina want to recover from crisis they need to make bitcoin legal in their country and make bitcoin the main payment system of the country. This way they will be less dependent on bitcoins and eventually they will recover financially.
3688  Economy / Economics / Re: the future real money on: November 21, 2018, 04:27:02 PM
I think the paper currency will end with the passage of time. Also it will be replaced by digital currency even though Digital currency is also not reliable. If you see the past, the people used to trade in Gold and silver and that was the real assets which determine the value. Later on, it was replaced by fiat and in future fiat will be replaced by Bitcoins.
3689  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The market is looking all red once again on: November 21, 2018, 04:10:00 PM
Even I myself was surprised with whats going on in the market. But I strongly believes that all red flags are just temporary and I would still hold on unto it.

I think we need to hold now for a longer period of time as bitcoin is very much down now and it will take a lot of time for recovery. Lets wait and see how much further it may go down before it stabilizes and move upwards again.
3690  Economy / Economics / Re: Who is the richest person? on: November 21, 2018, 04:02:25 PM
It is said that health is wealth. The richest person is one who is 99% healthy.
And how will you have a 99% good health when you are not wealthy or at least have what to eat? Don’t you see beggars in the street? Do they look healthy? No they don’t. So wealth is what makes you healthy, when you don’t have any money you won’t be able to buy food not to talk of buying things that makes you look healthy. So everyone needs to pursue wealth.

Wealth is of course important as only the Wealth and no health is of no use. But then again people with wealth can get much better hospitalization facility and have more chances to recover from diseases as compare to the poor people.  The lucky person is only the one who has both the health and wealth at the same time.
3691  Bitcoin / Bitcoin Discussion / Re: Can you place stop loss and take profit at the same time? on: November 21, 2018, 03:50:56 PM
In Poloniex, It's been a while since I placed a trade in this exchange, but from what I can remember, you can't place a stop loss and a take profit order at the same time, you have to choose either one. Am I wrong about this?

If I'm not wrong, could someone explain to me how I can do it? And if I'm right about this, are there any other exchanges that do allow you to place a stop and TP at the same time? Or are there any trading bots that work with poloniex that can do this?

Thanks.

No, its not possible. You can either put a stop loss or take profit. There is no such thing as doing the both things at the same time. You have to choose between the two. I will suggest to always put stop loss to avoid the loss and for profit you should actively watch the market.
3692  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitWhite [Official] on: November 21, 2018, 03:42:03 PM
I think bitfilip exchange has scammed already and there is no withdrawal being sent out to anyone. This is the disadvantages of small exchanges which can scam anytime. We should only keep small funds in these exchanges to minimize the risks.
3693  Economy / Trading Discussion / Re: Why choose LONG-TERM TRADING? on: November 21, 2018, 10:05:43 AM
Without any risk, the large amount of income from crypto is long-term trading. Long-term trading doesn’t take a few weeks/months only, it takes years for a long-term trader to sell you the coin.
Long-term trading is one of the safest investment techniques in maintaining crypto from falling prices which can result in a decrease in the value of investment. This type of investment is classified as "coward" so waiting for the highest possible price only sells it. The problem is, capital must be strong because waiting can be months or years.

See the current market and you will realize that only the long term trading is the best for now. Due to too much volatility, one may not be able to always get profit in short term. So if you can hold the coins for a longer term, then there is every possibility that you will end up in profit and never bear any loss.
3694  Economy / Trading Discussion / Re: Trading tension about Ethereum on: November 21, 2018, 09:25:43 AM
Ethereum will take its place back soon "if", I think it is in 3d place because of some delay in their roadmap , they have put off byzantium project and now they are paying it off, If they don't do anything about it , I don't think it can take its place back .
It somehow we accept that Ethereum isn't a very competitive for now and the its developers isn't helping. It would be back soon if they take actions on it seriously and have a long term marketing strategy that could help bring into a positive outlooks.
It happens that more investors have trust into XRP and placing their money on there.

I dont think so that XRP can be compared to  Ethereum. Ethereum is a very big project and there are a lot of ICO which are running on ETH block chain. Altough due to extensive pumping  Ripple has managed to attain the No. 2 slot in coinmarketcap but this will not last for long. ETH will come back and retains its No. 2 position after bitcoin.
3695  Economy / Trading Discussion / Re: BTC broke all major support lines, and the worse is yet to come. on: November 21, 2018, 08:31:27 AM
Aaaand support lines keep getting broken it seems. I thought a new week would see us recover from that sudden plunge but the trend hasn't changed. Hopefully you're wrong dude but current happenings point out to exactly what you said.

The Support lines were broken all of sudden. This is not natural dump at all. I think it was manipulation by the big whales who want us to be panic and sell in panic. Once people will sell in panic, those whales will buy back all in cheap.
3696  Alternate cryptocurrencies / Speculation (Altcoins) / Re: IS BITCOIN CASH DEAD ? on: November 20, 2018, 11:13:20 PM
Thank you for clearing that up for me. I was a little confused as to why I am still seeing BCH some places, for example on coinmarketcap it still shows BCH and not BCHSV or BCHABC.

So it has changed again now on coinmarketcap. Because the majority of exchanges are using BCH to refer to BCHABC, CMC have decided to merge their BCH and BCHABC listings in to one, and use the original BCH ticker for it. As you can see from its markets page, this chain is currently being traded as either BCH, BCHABC, or BAB.

BCHSV is remaining on its own separate ticket, and as you can see here, is being traded as either BCHSV or BSV.

In short, the entire thing is still a complete mess.

Not only BCH hardfork created a mess, it is also responsible for this downfall of bitcoin price and volume. Things become very uncertain when roger ver claimed to moved all hash power to BCH, and not the bitcoins.
3697  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Btc price....what's happening? on: November 19, 2018, 12:02:01 PM
It is difficult to understand why in just a single twink we suddenly saw like this.  Such huge fall really makes people's mind to think negatives and we can't blame to do have it.  In fact,  only strong believer will stay forever and doubtful individuals will leave and loss. We have tested our trust again and yet, we need to survive and conquer our worries.

No one has the clue of this falling market.  Different people have different point of view regarding the bear market reasons, there is no perfect answer for it. Some are saying the price is down as the future contract is ending while few believes that bitcoin will fall more as it is just a bubble. We need to wait and survive this bear market with patience.
3698  Economy / Trading Discussion / Re: Is trading stressful for you? on: November 19, 2018, 11:50:41 AM
Trading cryptocurrencies are risky and it involves your own money so it's naturally stressful. Stress begin the moment you transfer your in the trading exchange and bought some coins. Learn how to manage your stress before it affect your health. The sharp drop of bitcoin this week is really stressful because the entire market is affected. There will be less stress if you already know how the market and the cryptocurrencies moves.

Trading was easy before as we were in bull market last year.  In the current year trading is not easy and many people are in a loss. Due to this reason, trading sometimes becomes stressful as when the money is lost in trading, it creates a lot of stress.
3699  Economy / Trading Discussion / Re: Most Promising Cryptocurrencies to Invest in 2019 on: November 14, 2018, 06:06:30 AM
It is sensible to know which coins have the most solid investment fundamentals with the best chance of generating profit in the coming year. This piece will give an overview of the best cryptocurrency to invest in 2019.

Best cryptocurrencies to invest in 2019

No one can tell you the exact currencies which might be profitable in 2019 but i will suggest to pick from top 20 in the coin market cap. Also you can choose from the hidden gems which have small market cap and tend to be 2x , 3x if the volume is increased.
3700  Economy / Trading Discussion / Re: Do You Need To Put Your Emotion in Trading ? on: November 14, 2018, 05:55:03 AM
In this case, you need only a cold head and a calculation plan at what percentage to fix the profit, otherwise it may delay and the trader will have to wait a long time for a new price increase

For profit in the trade you need to be able to get rid of emotions but it is very difficult to do. I have been trying not to panic for a long time when there is bad news but I do not always succeed.

The emotion mainly comes in play when you are in a loss. Once you see you are in loss, you tend to take emotional decisions like re-buy at lower price or sell in loss to jump in another coin etc. These types of things result in wrong decisions and eventually one loses more.
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