Bitcoin is good for short term and long term investment. We can make money in short time because sometimes the bitcoin price moves fast going upward, so traders do it everyday. But I don't close my doors to look forward to earn money in a long time just by holding cause I believe the value is increasing.
to me i will chose long term investment only, although some people may have good experience in short term investment. but to mr i think long term investment is the best option, in long tern investment there is a little chance to lose money, but if you want to go for long term investment you need to invest a good amount bitcoin, because little investment for long term will never worth you. Even if its just a short term investment, You always need to have a huge capital because if your capital is only a small amount then you profits will also be like that. The price fluctuates everyday so i believe that both long and short terms has an equal value of risks. Day trading requires a great skill of observation and experience and nobody knows if bitcoin will keep increasing , It can go down to $500 and start again to increase that will take years that's why long term investments is not safe either. |
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We also have a few bitcoin ATM's here in my country but I haven't used it. Why? Because as you said the fees are too high
compared to the exchanges that I know. It's great that you are buying one but pick the something that lets you buy with a lower
fee because the lower the fees the higher the profits.
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Ebay and Amazon is still not accepting BTC as a payment but there are some sites who allows you to do that like purse.io, I
haven't tried their services but I'm always hearing good stuffs about them here in this forum or you can just buy a gift certificate
here in the forum. I also heard that some shops like newegg nad overstock are already accepting bitcoin. There is no p2p platform
for bitcoin goods sellers these days if you're planning to sell you either build a site or stick here with bitcointalk.
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I'm planning on getting a fraction of a bitcoin. Maybe about 1/4 or 1/8 BTC just to fill my wallet with something. Is now a good time to do so?
Now is not good time to buy bitcoin, lets just earn some bitcoin from signature campaign right now, sell it, and makes price going down. Wait bitcoin under $600, buy it,forget it, and sell it before new year eve 2018 maybe its going to $1100 again  I don't think bitcoin will crash into $600 since its holder wont let it and there is no one controls it. Votality just occured on bitcoin's rate bcause of China's panic selling, not because it is meant to go down or there is someone who controlled bitcoin. I hope, bitcoins rate changes not too big to that trading is profitable so that many trader will be going to trade woth bitcoin. There is a very low chance of crashing to $600 but it is never impossible to bitcoin as you know that it is volatile that's why the price fluctuates greatly resulting to unpredictable future price. In the past weeks bitcoin reach its lowest price since the half of 2016 and I have bought a fraction so basing on its current price I have profited. No use in waiting for the price to get low because it is hard to predict just buy as soon as possible. |
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Your emotions is a crucial thing as a trader because it sometimes taking you over instead of logically thinking some traders will be
emotionally taken that mostly result as a failure. For me I can say that my ommited mistakes are moderate its not too much and
its not less just the right amount for traders. And the reason for some of those mistakes are my emotions since I cant help it when
an altcoin is getting bad each day plus reading the feedbacks of others will just make it worse.
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Hey guys I'm not sure if this is the right place so please tell me if it is not. With that out of the way, I have a question for you all. I have recently been able to gather about .5 btc through minor trading and I was wondering if there was any method or way to grow this btc into a larger amount safely and fairly quickly. Thanks!
Gambling might give you huge returns but there is always a high probability of loosing than winning. Investing in promising altcoins is also a good idea but I would you to do what you are currently doing. Trade in fiat and altcoins. It is a slow but sure growth if you have a proper strategy. As you capital increases your profit will also increase. Yes, trading is the best way to grow bitcoin, nothing more than trading. If he wanna grow their bitcoin, he should add/grow his capital and knowledge, because both are important. No limitation in profit as long as we keep trading. although there are so many other options of growing bitcoin but i think trading is the best in all options, in other options like earning from a signature campaign and other services can be limited income, while income from gambling is also too much risky, therefore trading is the only way through which you can make a lot of money without any limit, depending on your hard work and investment, therefore trading is one of the best way of growing bitcoins. Nah Don't bother trying to earn on gambling its not a good source of income more like a good money eating machine. Just stick with their advice to try trading, Unlike signature campaigns which the only risks are your time and effort going to be waste if didn't get paid, In trading the risks are much bigger because you will invest your money to it. It is a good source because you can earn a much bigger amounts than your eanings on signature campaign but it depends on your strategy and your capital. |
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Its possible yes, but it will take a while to site on it.
Trade altcoins, invest, possibly offer secure loans.
And you should be able to make it.
it is hard to earn 1000 Bitcoin in a short time. I mean, even if you trade appropriate, I doubt that you can earn 1000 Bitcoin in 10 years. There are many other factors influencing your activity and your money such as luck, skills, your emotions, etc. yes i agree with you, 1000 bitcoins is very hard to earn it in a short time. You should get experience and skills in any profit domain. But if you are lucky you can get this amount of bitcoin by gambling or doing some Illegal trades. yes that is a fact, earning 1000 bitcoin is not an easy job, i think it can only be done with you luck, if you are luck and if the price of an alt coin boost 5000%+ and at that you have a good number of that coin then you can earn 1000 bitcoin in no time. i think 1000 bitcoin is also possible in gambling if you have invested a good amount of bitcoin in trading and you are a lucky person then you can also make a good money, 1000 bitcoin is even possible there. be realistic, earning 1000 bitcoin is impossible, you have the chance of earning this much when you're an early adopters, otherwise you don't stand a chance unless you're buying it with a ton of money if you can earn that much from gambling, i don't sure you can withdraw your funds succesfully  OP doesn't state any dates so I think that he knows that it is impossible in a short period of time. 1000btc might be impossible because you are probably dead and you've never even reached 500 bitcoin. But I believe that there is a fifty-fifty chance of the at least 100bitcoin. If bitcoin continues to increase its price and more people got involved in it. It has certainly a chance that you can earn that amount before you die. Let's just pray that you will you will live a longer life. |
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You should be okay as long as you don't download suspicious files and always keep your desktop clean and malware-free. But
since its an online account, You just enable the 2-factor authentication and don't give any sensitive information to others and it
will be certain that your account is safe but always remember that an online wallet is always hackable.
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Btctalk Name: Potato Chips
Rank: Full Member:
Current post count: 195 (including this)
Btc address: 1EcNDnCH4xiHPUs4jAMHVAH1oe9tiZ3i3m
Wearing Avatar : Yes
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There are many local exchange that can deposit your money into your bank account, paxful is a site in us that have seller who buy bitcoin and deposit the money into your account also local bitcoin .com also have exchange ERS in any country that you leave just searches and you will see your country and the exchange r
Paxful and localbitcoin is always good option and the other website that i never heard is not a good option because better to look for a well know site where you can withdraw your money and cashout or deposit and buy bitcoins . like coinbase i heard many negative future for coinbase .. they are turn into scam.. You can't call a site not well known when just someone doesn't know it . The factors that you should check if a site is highly reputable are these to make sure . 1. There are many good reviews on it when you search on google 2. Many people here in the forums approved it 3. The whole site is not suspicious |
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The best option is to convert it into USD
Then again by BTC with that USD when the prices fall.
In this way you can have profits and just profits and no loss.
By far this is the best method of increasing your money.
Well in the near future there can be better ways to earnBTC
/Increase profits.
Great way indeed but it will be best to trade it peer to peer and not doing it to some fixed exchange because you will get a higher rate that way which will increase your profits. I'm usually sell it partially when bitcoin reach highest value
And about the rest, I keep it until it reach another halving, since I'm sure bitcoin value will increase 5x from today
Selling partially maximizes your loss and I ave done it before also and halving doesn't guarantee any price increase but instead a lower supply. If you're here last halving, The price doesn't not increase but Halving takes every four years so it is an enough time for bitcoin to reach a much higher price. |
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It is to wait for me because right now bitcoins price is low so it is not even worth selling and I don't think it will
reach $1000 in 2-3 weeks. Profiting into something always requires a certain time so you need to be calm and
patient for you to assess things more clearly. Since the price drops, I was thinking of buying a fraction using some
of my savings
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This is why we should stop it. If bitcoins price goes down. You just have to buy more. It goes down so
there is a huge dump and you don't need to add something to it by panic selling. It is sad that when it goes down.
The number of negative opinions are increasing which I think influences the others. We should support all the way
to the top and not to pull it down.
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Both has its advantages and disadvantages so it depends on the person who will use it. On which one is best suited
for him. As for me, I'd rather use bitcoin than paypal for the fact that I have a full control on my money. But For
time to time I use paypal because some merchants don't allow payments in bitcoin and the good thing about it is
almost any kind of online business accepts payments through it .
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Yes, without any risks you also will not make any money, its as simple as that, you need to take some risks sometimes to get that money.
Risking is big part of earning money if you really want to earn money or to grow your money not only taking the risj is all about in how to grow it safe don't think about risking too much money being a good thinker can help your self out to find another way of growing money. This is also true that without risk no earning high but if you risk the full investment that is foolishness because we should only risk that much which we can afford and it is always not that without risk no gain, their are gain but they are small so if you are thinking of high odd winning that is then comes to luck based. So in my sense only risk that much you can afford and if you are getting low odd then go for it because something is better then nothing because when you go for ROI then you will see that you are in profit in long term In short even if it is inevitable to earn witout risking something, We can still manage or to be more precise, To minimize the risks which increases our chance to success. It is true that a person should only risk money that he can afford to lose, The only person who are acceptable to risk huge amounts of money are the ones who have lots. For us who don't if we lose a huge amount of money it can greatly affect our lives. And relying on luck in earning money will not do anything good we should rely on our hard work |
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I want trade with my mobile .
but herey trade now growth into 0.4 btc .
Now , According to the history of exchange yobit.net & poloniex
which out of them you will suggest .
Because I heard something more complicated like ddos attack , is this true .
Now between these two which is more secure and handleable for my mobile .
The moment that you decided to trade with your mobile, Yobit is clearly out of your choice because it is not mobile friendly so go for poloniex which has a good mobile interface but trading using your mobile is not very recommendable so as much as possible do it with your Desktop. DDOS attacks happen all around the globe even popular sites like twitter, reddit etc have also been affected of course Yobit and poloniex too but they are able to withstand it so I think almost all high profile sites are prepared for it. |
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Yes we need to overcome our fear of losing money because if we did that then it would be easy for us to stop worrying on our losses and just focus in recover those loss. If you overcome your fear then you will be more comfortable on doing a certain kind of things. Don't be afraid of losses because losses are same as lessons which can help you to be a stronger and wiser person.
If you want to become a great trader then you need to be broad minded and always prepare yourself mind to admit the lost you made in trading, and not to lose heart, you have to continue with your own strategy and always thinking about how to change your trading into profitable trading. Yes you are right there is no need of any trading classes to learn, it can be done only through experience of loosing money in trading. Every beginner will have to think twice before proceeding to trading, if you are ready to loose go for trading because with out loosing you can't succeed. It is true that you just need a basic knowledge to start trading because it all comes down to experince in the end since you have to always watch the market and make predictions. Some people reads a lot/study a lot about trading because of the fear of losing money, You don't wanna go to battlefield without weapons and strategies right? |
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Holding for long is a good decisions, if you are not into quick profits. since we dont know the future it carries some risk and if anyone is willing to take a risk consider the previous bitcoins prices and set your target price goal
You're right there is always a risk if you want to be wealthy but i dont agree with setting your price goal what if the price dont reach your goal? You will not cash out? What if someday bitcoins will crash or decrease? Then you should just change the price goal. It must be balanced, not too high and not too low. It must be realistic enough for the price to actually reached. In the few months I have entered into the crypto environment, this has proven to be true, the few times a drop was experienced, then a high increased was experienced as well but following historical analysis that when its high to a level, then it begins to drop. But this will not just happen without any significant event such as a big hack or a ban from a government. In all, its a good way to make money but nothing is of certainty.
Yes, We can deduced that if the price is high then it is the right time to sell and when it drops the it is the right time to buy again. This is common strategy that many of us do. Since you're just new to this, Continue observing and gathering data to come up with various strategies. |
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Training can be disappointing when the markets go upside down, but if you are trading, then you usually understand that markets go up and down, and with the good comes the bad, and I haven't been robbed as bad on trading as other scams (mostly mining scams), and defninitely doesn't make me as upset as gamblbing, which can make the money come or go really fast.
Overall, I love trading coins, and that is why I am in this industry. I trade on all major exchanges, but call Alcurex my home exchange since it is small and convenient, with great customer service and friendly members.
Yes, I agree with you. I sometimes make some mistakes while trading but I love trading altcoin. it's very interesting. I can bring me back 50-150% profits altcoin trading . Mistakes and some losses are routine life in trading, so getting disappointment due to these is completely meaningless and might lead to losses if we keep on worrying about past disappointments. We need to move forward so that we can have strong analysis about price movements which is more important for profitable trading always. Agree with you, gain and lost are the parts of our life, but it does not mean to worry or become disappointed. If you want to become succeeded in life you need to be strong and determinant and never think about the past you need to make your future and for that you have to continue your struggle in any case. Thats truly the real scenario in tradings losses are still in there and totally no guarantee at all that we can win always on our trades, and losses in tradings makes us strong since we can be vigilant next time and knows when to avoid,learn to read the graph and be cautious all the time when trading, so i don't see any disappointmet we can get on tradings, but instead the one we will get disappointed is at those shitcoins existed. to me although i have experience so may loses in trading which in start will disappoint me but now as i have become a mature trader therefore even after a big lost i convince myself and try best not to become disappoint, and then i try to change my trading strategy to a better one. Changing your strategy just because you lost one trade does not seems like the right strategy, you are going to lose some trades that is part of the risk you are taking but as long as you are profitable then you only need to do some small adjustments to your strategy so you can make even greater profits. Don't forget that the reason why many people are saying that losing is a part of a traders life is because you can learn from your mistakes otherwise your loss will be worthless. So changing your trading startegy after analyzing your loss is not really a problem instead it is a good thing. |
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for now, to earn 1000 btc is really hard and its need time before we can make it. but if the altcoin is gets up then i think to earn 1000 btc from the altcoin is not hard because we can make a big profit in trading altcoin. for trading bitcoin pair fiat, if we don't have a big money, then its hard to earn 1000 btc too so the option is for trading altcoin.
The current state of bitcoin and the oppotunities surrounding it plus the financial state of an average person, It is possible to think that earning such a huge amount of 1K btc will be difficult or even impossible unless you're a rich person. Without a huge capital and the ability to chose the right coin it is also impossible to get 1K btc from it. |
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