You can try in btcjam although it is not 100% guaranteed that you will not get scammed. Btcjam is just a peer to peer platform. To ensure your moneys safety you have do an in-depth research about the lender/investment. If you're skeptical about it you can also try margin trading in poloniex. Here is the link, https://poloniex.com/support/aboutMarginTrading/ |
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I will sell all my bitcoin if the price will reach 1,500$ that is my target price and after that i will just save my money and wait for the next dump to grab great buy opportunity and i will sell it for another high price. Simple money making strategy  . Rather than that, try to do trading with a small amount. Just make a target and sell some of your Bitcoins and when the price drops below that, buy some more with the profit.  but i do not think that currently it will be a good decision to sell bitcoin. because the price of bitcoin is continuously increasing and i do not think that one can find an opportunity to buy bitcoin in the present price again. therefore to me i think it will be a good decision to hold bitcoin and not sell it right now. The current upward trend of bitcoin suggests that price will go even higher in coming months so its better to hold our coins for next couple of months and sell when price reaches to higher level and I will sell my coins only when it touches $1500 level and not before that. I bought when the price of bitcoin was $500 so I don't think there is anything wrong in selling at this point as its giving me double profits so selling decision will depend on your entry price and if you have bought at lower price in the past then there is nothing wrong in selling some of them at this stage. People who bought bitcoin at a lower price like you is so few compared to us who discovered bitcoin just a few months or maybe a year. Yes there is nothing wrong because the price today is considered high but those guys just set a threshold of $1500 which is not really impossible so obviously they are going to follow that. For me it is still better to trade a portion of your coins everytime there is a price increase. Selling bitcoin on to this current price point would be really good specially to those who bought to those times when bitcoin dropped to $740+ price which would really give them 25-30% gain if they would sell off but for me i would still decide to hold any longer.
Yeah, This a indeed a good time but it would not be wise to sell all of your bitcoins, Just sell a portion of it because it might increase again. This is the pattern that I use, If the price increased a noticeable amount, Sell a portion of it and if it increase again, Sell another portion. This method is a great way to reduce risk of losing huge amounts. |
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I think there is no minimum amount of bitcoin to start trading
because being a successful trader doesn't rely on how much is his capital because in my opinion,
it is all about how you analyze and do trades.
Do you believe there are professional traders existing ? If it so, rest of traders will not be able to find profits. In my opinion all the traders might have to face some losses at any times due to unpredictable fluctuations. When losses are common and just part of trading, how we can be sure about professional traders and their performances. That's right. In the first place OP should first define what is his so called "Professional Trader" becaue I've never heard of that. Is it someone who knows a lot?, Have a lot of experience but losing from time to time? Or just some guy who is doing a full time trading. |
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BitcoinTalk username: Potato Chips
YOLOdice user id: 16759
Forum rank: Full Member
Current post count: 245
Thank You,
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It will depend on what you do. If you are just playing then it's a game but differs a little from the typical games we know since
gambling involves money. If you invest your money to them its an investment which is I think a good source of money.
If you mean it in another way like making gambling your source of money. It can be because you can win but it has its riks so be
careful.
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If given a chance, I would love to join your campaign Thank You, |
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That's impossible. Nothing in this world can be predicted 100% accurate unless if you can see the future. You can always make a
speculation supported with evidences but it will not be always 100%. Maybe if things got better in the future predicting bitcoin will
not be 50-50 anymore but 70-30 so you will have much chance of predicting right. I suggest that recording significant things like
news and growt everyday or week can be useful since some life events are repetitive.
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once again, showed its quality as cryptocurrency bitcoin number 1. bitcoin back has a price above $ 1000 in a few weeks after his ouster. I think the current price will be stable for a long time. though not, bitcoin prices probably will rise slowly.
Yeah. Bitcoins price in the past few weeks keeps going back and forth from $900+ to $1000+ so I really hope that this time it will be stable to $1000+ since everytime I will spend my coins and its in $900+. I will have to wait at least a week since the price will go to $1000 again. |
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When I lose I am really angry and dissapointed and I am amost crying a lot if Iose really big amount of money but if it is small I am just angry.
Lol. OP is not asking what kind of emotion you have or your feeling when you lose a certain amount in trading. He is asking how do you deal with emotions that affects your trading plan. Seriously. The number of people who skips reading the official post is increasing horribly.
its difficult to practice on a daily basis because not all people can have courage to do this and when they see that they have opportunity to win, i don't think that they can control their emotions. but i am agree that we should practice in everyday so we can control and manage our emotions in gambling games and i hope i can do it too like other gamblers.
Probably you don't read the OP, we are talking about trading here, yet your comment is based on gambling. Although they have similarities but gambling is more risky though. Controlling our emotion is always the key to success because it is a big hindrance to effectively execute our technique.  Let's assume that he is pointing out about trading is also risky and a type of gambling in a nice way. Yes, if you are good in controlling your emotions you can be near to success because you know what you are doing. And you should always be in cool mode so that you are just chilling while trading. In fact you have to control a same emotion in gambling and trading which is called your greed. I think he just got confused because what he said except the gambling part matched in the topic. |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
If you ask the traders here if they are earning a monthly income constantly in trading, I bet only few are going to say yes and not all of them actually does. The price of crytocurrencies fluctuate greatly thats why predicting accurately is just plainly impossible and it nothing guarantees that it will exist for a very long time. My answer is there is a chance if you are skilled and uses a huge capital for it but to be blunt the chances are one in a million so just stick to your job. |
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Your question can only be answered if that future comes and we will see if it happens. As of now it is not impossible to happen but it doesn't mean that it will happen. There are still many factors that will and may hinder bitcoins improvement and of course it will take a long time since if you can buy food then you can pretty much buy everything on bitcoin. Fiat is still in demand these days and many people still don't know about bitcoin so its a no yes answer for me . |
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The government has no control in bitcoin as well as the altcoins that's why there is no tax going on between them. If you're
referring to the fees it depnds on which exchange site you will use. There's still some speculations around the forum that the
government might put a tax on them in the future. But this will be difficult because as I have said they have no control about it so
the exchange sitea that are based on their country that trades cryptocurrenies will probably the ones going to be affected .
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I think that we should not spread bad information about bitcoin. After all, this is more true devils and all lie has a purpose. Chances are the competition and not very honest.
Even False information will not hurt bitcoin. Everyone knows bitcoin is the established currency now and it cannot be dead. How can a currency die if its value is around 900 - 1000$ US dollars. It only shows the important and the value which people are giving to bitcoin. Yeah. The only people who will believe that bitcoin is dead are the ones who choose to be ignorant. There are many ways to get information about bitcoin but they did not therefore its their fault and honestly, If they're going to be like that then this community is better off without them. But I think that it will hurt bitcoin if some famous individual says something about it. |
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As you have said, Scam is inevitable that it has become part of our lives I mean they are everywhere. Yes this is one of the good
source of information when it comes to tracking scams but just like I said it is one means there are other methods to gather and
confirm a information and it would be best to try it all since we are talking about money. Some scams are easy to spot but some
are not which is the scary part . What I'm doing always is to not get involve myself into suspicious stuffs and always doing my
research.
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Honestly, this is the first time that I heard a exchanger that doesn't charge a fee. The reason for this is either the site just wants
to spread awareness or they are just plainly good people which is hard to believe. The fees from its users are the ones that keeps
it running. Same reason I could think of on why the said site in OP charged a fee.
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It would be helpful if OP will state on what kind of investment is he interested. There are currently many investments you can do
now with bitcoin as well as the other cryptocurrencies but not all of them are legit and is proved profitable. Since your a newbie,
Just invest on bitcoin if you have a large capital if not invest on some top altcoin. You can also do some trading with the portion of
you money because it would be truly helpful to know about trading if you're planning to pursue investing on cryptos.
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Even veterans trade a small amount if the situation calld for it thats why you can't determine if the trader is a veteran or a
beginner based on the amount they risk. As you have said in the OP "It would be appropriate to start with an amount that a
newcomer would not be worried about when he lost in trade" which is partially correct because it is not only newcomers are doing
but mostly everyone because it has become one of the must do tings in trading. If you want to earn big then risk big but you
should know its consequences if you ever failed.
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Well, I'm waiting for the price reached $ 1,100 bitcoin, whether it anytime. but, while waiting for prices to rise to the height, I'm collecting as many bitcoin. because we waited useless bitcoin prices rose to the height, but we sell a little bitcoin.
I don't think it will take much time to touch the price of $1100 as it can be achieved in next few months but I will sell my coins only when it touches $1500 price as I think that would be the best price to sell bitcoins in order to make higher profits so until it doesn't reaches to that level I will hold my coins without any hesitation. yes the price of it is started to increase and it is not longer that the price of it will reach to $1100 . But that time will not be the good to sell because the price will boost up at one time and will earn us a bigger profit. Yeah if price can touch $1100 in next few months then it can go even beyond that and it won't be smart move to sell coins at that price and in that case it would be much better to hold your coins till the end of the year as we have seen that price generally goes higher at the end of the year so that would be the best time to sell your bitcoins. You wouldn't know that until it happens. You should realize and know that bitcoin in its past years have made it to $1000 but it did not stayed that long and the same situation is happening right now so it would be a 50-50 chance and this is a critical situation for bitcoin because if bitcoin cant't pass $1000 all the positive predictions by people about it will be unlikely to happen. |
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The best way to manage your emotions is to gamble everything you have. So you can't gamble anymore! Lol, that is not about managing emotion, rather it is about managing bankroll . Haven't you thought about what the person feel after he gamble everything?
Aside from taking deep breath and a sigh, letting go of the things I lost make it easy to accept and make the emotion to calm down when it starts to take control. Well that must be a bait post because even a 12 year old would know its not right. Seems like its not just spammers and scammers are here but also the bait posters are. Better ignore them because all they want is just peoples attention . Managing your emotion is a hard thing to do and most people can't do it or they don't. For starters, Just know yourself and your weaknesses and start coping with it. |
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-snip-
That is a good decision to wait for the price of bitcoin to drop and buy as much as possible. because nowadays the price of bitcoin is continuously fluctuating from $900 and $1000 so there is $100 profit per week per bitcoin which is much higher for a trader.
as the picture that i snipped for brevity suggests, waiting for the bitcoin price to drop is not such a wise move. you can die waiting for the price to drop. and in my opinion the mentality of those who are waiting for a drop to get in prevents them from even making any profit. because most of them that i have seen so far are waiting for a major drop and when a drop which is rather big happens like yesterday, they panic and think bitcoin is dead so they stay away completely. then price rises again like today and since they missed the chance to buy bitcoin cheap and now it is "expensive" again, they continue waiting! What do you mean? Price dropping is normal in bitcoin but I have to agree that waiting for a major drop is not a wise decision. It were me, I would buy everytime I got an oppotunity and when it drops I would not resort to panic selling because even though it hasn't been a year since I got myself involved in bitcoin, I know the basics. Look, If the price drops/rises, buy/sell a portion of your bitcoins it will be a cycle of that. Waiting is a part of being a trader but waiting without a proper observation and analysis is not |
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