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3781  Economy / Trading Discussion / Re: How do you trade? on: May 15, 2018, 05:52:14 PM
I have stopped trading coins, Now I have more believe in tokens they are easy to get and easy to use and can be bought easily at the start and you can save them in huge amounts and can have a great profit in a few months.
Fine, it believes in what you really want to trade and your own pattern of trading in general. If a token is there with a product, there is every chance that it is really going to do well, but at the same time, some of these tokens usually do come with some huge profit when bought at the dip and one is patient enough for them to sell them when the FOMO period comes, but one way or the other, long term trading is always an easy way out.

I don't trade much but whenever I do, I simply adopt systematic investment plan in buying as well as in selling too. This strategy emphasizes on buying in smaller units at a higher frequency of time intervals when the price is falling so you get the highest amount of units at comparatively lower acquisition cost
Must be a working strategy without any doubts. I am not following "never all at once". Because we cannot predict what is going to happen tomorrow hence slow and steady will definitely win the race.
3782  Economy / Trading Discussion / Re: Follows these rules to be a successful trader on: May 15, 2018, 05:09:45 PM
these rules are all true, i believed in that, its the same thing that i read before in some books that i searched, and its really amazing when we do it, sometimes, its easy to say i will never panic, whatever things happen, but when those things happens, it is very hard to do, so for me, i always want to do it, to follow these rules and it is necessary to achieved my goals to make some good profit..   Grin
They are pretty good rules and not just rules but something to understand first before even embarking on the trading journey which I believe a lot of people always find hard to understand or just simply do not sort out to understand.

However, for the patience, I want to believe that depends on your style of trading as you really do not want to be patient in a day or short term trading when you want to be stopping loss. Personally, I believe the only time that is applicable is for long term trading after buying at the dip.
3783  Economy / Gambling discussion / Re: The Gambler's way on: May 15, 2018, 01:00:01 PM
I won’t fill anyone’s head with such a hope that he can beat house if he learns some mathematics, even if it works. The reason is simple, it will encourage him to gamble and that is what I am strictly against. The fear of house is a good one. It may keep gambler in his limits and will break his spirit of continuing. Besides, no matter what calculations we do, we cannot compete luck.
Either you fear from house or not, they will definitely eat you up. There are something that must be digested before getting into anything, any source of income. You must adhere them and if they are resonating with your mind and goals, only then go into there. Else, just get away from that because it can be harmful for you at the end. So just don’t ruin your life and the lives associated with you.
This is basic monopoly these houses are playing with you people. They get a specific amount of money from your winnings and loss as well. So, just don’t believe them and never come under their umbrella. Because if you do so, they will just empty you and eat up all what you have in your mind and your pocket. Live a healthy and wealthy life and that would be best for you and your family.

An individual may choose gambling as part of his entertainment, but that will give negative impact after some times. There could no possibilities for any unique gambling way as most people do lose in long run. If spending for unnecessary things is a way then you also may follow a gambler's way.
3784  Economy / Gambling discussion / Re: thinking quiting after lose on gambling. on: May 15, 2018, 08:04:27 AM
It will definitely affect your finances but it is your choice whether you go with it or not. If you are going to gamble then definitely you should put some rules for yourself because it’s the mistakes, that you were saying, are the lessons. And the only way to make sure of that is making yourself known and obedient with the rules.

It is always to set some rules for a gambler in order to restrict himself by not gambling more than which he cannot afford. even when you are making money you need to set rules for controlling yourself not to gamble more time continuously. Defining rules is always good for the gambler in order to control his patience and emotions.
Yeah you are right. Setting a limit for gambling will never let you gamble more. By this way you can save your money from losing, because at the end a gambler never win the bet but always lose and a big role in this situation is played by casinos. You should think about gambling. It is not a short cut way for making money. It is a short cut way for losing money.
Obviously, the thing with setting limit for yourself no matter what in life is so that you can know when to call it quit no matter what. Not setting limit at all will drive you to want to do things you would not have done normally while looking for what you cannot find which is the result for most people when it comes to gambling. It is always necessary to be careful with those impulses that will want to push you further but that can only be controlled for someone who is ready to stick with your last statement.
3785  Economy / Gambling discussion / Re: If gambling is illegal in your country, would you still gamble? on: May 15, 2018, 06:57:45 AM
If gambling is illegal in your country, would you still gamble?
Of course not because i don't want to be put in jail. I think it will be good that gambling will be illegal in a country because many people have ruined their lives because of it. I knew that online gambling is illegal because some of it is unlicensed. If gambling will be illegal in a country many casinos will be shutdown.
I believe we all must adhere rule and law. When we think about gambling and then rules of different countries, it seems many of the countries have not legalized it. So, in those countries, I think the people shouldn’t be going for this. Because if the rule of country is comprised, you are at stake. Don’t go for this again and again. Rather keep yourself healthy and wealthy and earn good money from respectable sources.

After generations, the gambling banned country people will not show interest in gambling. Because gambling-introducers will be in less number compared to other countries. It is a good thing by the government for their people. It could be in the name of religion or any other reason but I always welcome it.
3786  Economy / Gambling discussion / Re: Shyness in gambling on: May 15, 2018, 06:21:05 AM
No. I've never felt being shy in gambling but i feel pressure while i am playing gambling and it is normal. Unlike being shy it is not normal in gambling because if you are shy you will never enjoy the game, remember just enjoy the game and no one would be mad to you if you sit in tables as long you will bet or a player.
This is what the gamblers are forgetting now, they forget to enjoy the game as everyone is chasing the profits and losses. The shyness only comes if someone witnessed my losses and that's humiliating when someone actually sees your bad moments in gambling.
Let’s just say if they start enjoying the game, what good would that bring them financially ? Can it save the money that is destined to be lost by the end of the bet ? Absolutely not. The truth is, no matter what a gambler is trying to get out of this ridiculous game, threat of being ruined financially lies. That is why I think a person should try to avoid this game as much as he can. It can be a pain after some times of engaging with it.

We may make use of shyness to come out of gambling. Because we just need some reason to come out of gambling which is similar to most gamblers are needing some reason to continue it. If the reason is good enough (it will be more effective when it is linked with personal things like shyness) then we can easily quit it.
3787  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy low.... sell high! on: May 15, 2018, 05:46:05 AM
The most commonly used term in the forum is "low buy-sell", but there are so many variables involved in the implementation of this rule that it becomes very difficult to realize. First of all, the ambition to earn more leads to more people, and another factor is that people who are known to people who are trying to direct the market can not make an accurate assessment.
It is not that difficult or cumbersome to buy an asset at low rates and sell it out after a big gain in the value. All a person needs to do is identify the phase and take steps accordingly. Wasting of time cannot be afforded in trading most of the times. You will definitely realize how time becomes money here.

Moreover, it is not even a bit difficult to spot the clear pump or dump. Everyone knows which phase the market is going through but the peaks and duration cannot be predicted. Probably it will be predictable only for highly experienced the traders. Still, there will be no guarantee even for them to buy at lower and to sell at higher levels all the times.
3788  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 1200$ investment - What to buy ? on: May 15, 2018, 05:16:51 AM
Check Masari.
Would not it be much safer and beneficial to choose an old coin instead of going for the new ones, especially after the Centra incident ?

Moreover, the new coins cannot unleash as much profit as old coins can or you can say that a person may need to hold for years in order to become rich. Therefore, the best is to invest in bitcoin or any potential coin like ethereum or litecoin. Basically I'm not in favour of any ICO projects hence I'm not recommending any of them. Still, there could be many potential tokens are available to invest with. But considering the risk I am always suggesting not to go for them compared to old reputed coins.
3789  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to buy? on: May 15, 2018, 04:46:41 AM
This may be a good time to make purchases at this time when the market has entered a downward course again. But it is important to pay attention to coins that are considered garbage. The less you risk and invest, the more you will earn more income.
We are in recovery phase and all the coins are expected to increase further in the coming month. Definitely, a true boost is not going to take place as this is supposed to happen in the last quarter. Investing in the starting of a surge yields good amount at the end. Before the nest dip appears, traders can increase their capital. The more time someone is going to take for choosing a coin, the more expensive it will grow.

There are many signals for a coin where you can buy it and the price may jump with the community getting back to it or the team making new partnerships. It is tricky but possible if you follow a coin for a long time and get all the news first hand.
Not too tricky if you follow highly reputed coins. For a long term holder, all the times are good to buy only the short term players need to check for right and wrong time. For them also, it is a very good time to buy as basically bitcoin is trading less than half of its all-time-high prices.
3790  Economy / Economics / Re: Investing in Bitcoin? Advantages and Disadvantages on: May 14, 2018, 08:31:07 PM
Well even i can tell those reason quite clearly and in details LOL

The advantage of bitcoin is the high price.  When we bug the bitcoin at low price and we can sell it at high price. The profit is huge when compare to invest this is the advantage. In short time itself we can make more profit at the same time you can hold it for long time will also give more and more profits than you invest. The disvantages is depends upon the market rate.  We have to sell it at right time to get more benefits otherwise it leads to very huge loss. So always we have to keep an eye in the coinmarketcap.com to see the prices.
The high price is just even more like a side benefit and not just the main advantage. For those who understood the gospel according to satoshi pretty well, you will understand that the main idea why bitcoin came into existence was as a result of inflation, policies that affects transactions both locally and internationally, monopolies here and there with the banks doing whatever they want and these are some of the things that bitcoin really came to solve which gives it a lot of edge and advantages over fiat.

The disadvantages that some people see are just more like the characteristics and only if you want to see it as a disadvantage will it be a disadvantage.
3791  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum a threat to bitcoin on: May 14, 2018, 07:14:07 PM
Ethereum is a threat to bitcoin? Yes it is. We all know that ethereum was created by a russian programmer on 2013, and it was launched on 2015. After 3 years it is next to bitcoin in terms of popularity and value.

Let me show you some NBA perspective on this, bitcoin is the king of cryptocurrency right? same as LeBron as the king of NBA. But here comes ethereum the prince of cryptocurrency just like Ben Simmons as the prince of the NBA. The prince will dethrone the king on the eastern conference finals same as ethereum that will dethrone bitcoin in the next couple of years. Wether we like it or not the king will reach its limit. Mark my word. Trust the ethereum process!
The fact that you are a fan of Ethereum does not mean you should not be logically reasonable and at least be ready to make some valid point. Moreover, cryptocurrency is not the same as NBA. Secondly, everything you have said apparently does not make any sense most especially in terms of value. First and foremost, you said, ETH is a good one to hold and there is no doubt, but do you really think bitcoin is going to remain stagnant? Mark my word, you have no word !
3792  Economy / Economics / Re: Why is the world economy is sliding down? And how bitcoin may help it? on: May 14, 2018, 06:14:17 PM
Why is the world economy is sliding down, a bit reminder to  2008 when the world economy is in freefall, The shock waves from the collapse of Lehman Brothers maybe on of the main factors.. The economic indicators - trade, industrial production, unemployment - are comparable to the early stages of the Great Depression in the early 1930s.
My point is, how bitcoin could take place to helps the Economics rise again or it would be an additional threat to economy stabilty ??
I don’t think Bitcoin can change the world economy in anyway. Well, my reason for saying that it can not change or revolutionize the world economy is because it is something that has to do with online, and not only that, Bitcoin is kinda dependent in a way; we invest our money into it.

Hence, the only thing that can bring change to our economy is what we do offline and not what we are doing online. I mean like how much effort we put in doing things online like farming, how we use mineral resources  and the rest of them.
3793  Economy / Economics / Re: Porsche introduces blockchain to cars on: May 14, 2018, 05:31:13 PM
Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?
Yes you are right it would become huge if bitcoin could be used in buying cars,automotive products.It would such a great opportunity for bitcoin holders to own luxury cars by using their bitcoins without converting it to fiat.This seems a very fastest way for payments that doesn't need to bring thousands or millions of money in purchasing cars.
Not just cars. It would really be very nice to see bitcoin being used generally in real life for payment purposes. Right now, the only thing we have in our hands is just a mere speculative asset and that is really not good, which is the main reason why we get to see the value of bitcoin fluctuating pretty huge and fast easily. As long as we can start having some real life usage as currency, I believe things would get better. This is obviously a good step and we would like to be seeing more from all phase of businesses across the world.
3794  Economy / Economics / Re: What are the challenges for investment with Small capital? on: May 14, 2018, 05:10:16 PM
Investment with small capital will not make the profit to come in big and it will make realizing huge amount of profit take time because the gain will always come in bit
Yes, that is usually the bone of contention of with small capitals but you can still increase what you have over time with a lot of dedication. I have started some investments with little capital and with great knowledge in my area of investment and managing what I have, I have been able to easily expand over time.

The thing is big capital with a good plan can easily get you there whereas small capital with a good plan might take you a little bit longer, but at the end of it all, you'd still need a good plan to make anything you want to do work.
3795  Economy / Speculation / Re: Will Bitcoins hit 30K before the end of this year? on: May 14, 2018, 04:03:26 PM
Going to 6K again)  30K you say))
This is the beauty of Bitcoin that provide you with both the opportunities but you have to know these are the opportunities and you are going to act accordingly. The price of Bitcoin gives the opportunity to people to buy the coins at low market because it is easy to afford more coins at low market. On the other hand Bitcoin give the investors with the opportunity to sell out and get huge profit. Eventually the demand increases and the price goes high and the situation this time is the same as the price of Bitcoin is going high with the increase in demand.
3796  Economy / Speculation / Re: Don't lose your faith in BTC. on: May 14, 2018, 01:34:09 PM
As Bitcoin investor, i never lose my hope because till now we have seen many fluctuations in the market from the governments and so many hacks. Even though after 10 years still, bitcoin is surveying in the market. Only because governments understand the potential benefits of Bitcoin and it's behind technology. So, i never lose hope on Bitcoin.
Let the people do their investments without any hurdle and spreading negativity will give us nothing but the failure of your economies and nothing more. We should take the benefit from the Bitcoin because it is very responsive and has removed all our queries and issues so why we would hit our own foot with an axe.

The Bitcoin profit is 20 times more than that from a high grade business. If we realize this fact then we will never lose our faith in bitcoin. Only the people who are not believing in to the futures of bitcoin, keep hesitating and sometimes spreading FUDs too. We must analyse about the possibility of success of bitcoin. If you get good opinion in that then we should look for opportunities on holding more bitcoins. Then there will be no room for losing faith in bitcoins.
3797  Economy / Speculation / Re: BTC Approaches 9k! on: May 14, 2018, 12:45:19 PM
unfortunately if the bitcoin price is currently below the price of $ 9k. there may be several factors that cause this to happen. but, sooner or later, I believe the bitcoin price will be back above $ 9k, or even more. whether it's a quick rise or a draw, so we should take advantage of this moment.
Stability is very less in the value of Bitcoin because it is volatile and reacts rapidly with external conditions. The demand of Bitcoin does the change in its price and if the demand increases then the price will also reaches at the highest possible stage. If we are not taking it positive then the Bitcoin price will must fall and if we take care of it then there will be no fall recorded in the price.

You all dont read the news much do you.  The price was manipulated again by Mt. Gox trustee dumping 8200Btc on the market just like he did the dump about 2 months ago.  The price will recover...watch what happens by 9 or 10 days from today. Wink
Probably that is the core reason for the recent dump. We were all expecting prices to test $10k levels but unfortunately it went down up to ~$8k levels. It is a very big disappointment for me personally, still I am also hoping it will recover in one or two weeks.
3798  Economy / Speculation / Re: Saving for your Children Bitcoin vs Cash? on: May 14, 2018, 12:19:08 PM
It's a good idea to hold some bitcoins for future for ourselves or our children. But it should not be the only investment. Because it is so risky. Better to have different investments.

I would agree with you sir. Bitcoin is good for profit. It is too risky as a savings for your children since the value is very volatile. I would prefer real state and even start a business for my childrens future.
These suggestions are equally good on their places but as soon as we come to know about the Bitcoin, if we want the benefit of our children we must transform the knowledge of Bitcoin into them. I would like to let the children know about Bitcoin and its investment so that they must get the profit from this currency.

For the prosperous future with Bitcoin, I prefer the new generation to learn about it. They must learn from the scratch. Because only when they are spending more time with bitcoin they will find out how to protect themselves from scammers and hackers. If we simply transfer bitcoin asserts to them then they will send them lavishly. This is what happening with most of the rich family and I will never prefer in my life to happen. Because bitcoin is more precious to me. I never allow to spend it lavishly.
3799  Economy / Speculation / Re: What do you think will happen next? on: May 14, 2018, 11:47:52 AM
Oh. common. there will be a (slow) stagnation of course. BTC will NEVER be a eal volume, let's be honest.  In the end of 2018 we will see 2 500, next year - $600-$800. Let's be honest!)
We all have to be honest about our investment plans and spots because we should get the most possible profit from the world’s number one currency and that is called the Bitcoin. There is only Bitcoin that is looking into our problems and preventing us from the evils of old systems.

We demand for the bitcoin and in future the price will become more than that of the last year highest jump. This is due to the increasing rate of demand for bitcoin. At the same time, we cannot expect new peak price to happen overnight. It must take its own time so that it will be a consistent price levels. If it will be happen tomorrow itself then it must be a bubble and it may get burst at any time. I guess no one will be preferring that.
3800  Economy / Trading Discussion / Re: What is your trading strategy? on: May 14, 2018, 11:01:07 AM
I Am mostly use Bollinger band also i bought coin when it is oversold and sold my coin when it is overbought simple
Easy way out uhn ! The Bollinger band can be useful for swing trading, but not without still having to make some quick decisions in the case where the swings are not just swinging.

Also, with respect to the overbought and over sold conditions, a market can stay in both state for a very long time though, so I hope you always take that into consideration as well. Nevertheless, I make use of divergence and some little bit of trend analysis and that has always helped me in making swing decisions.
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