everyone has experienced failures and errors in trading. the timing is difficult because we have to pay attention to a lot of factors to be looking for the best time. keep trying and think carefully in decision making. oh yes, selling your bitcoin when it has been getting the profit margin.
Yes, we all experienced failures or errors when we do trading but be thankful, what? did i just said be thankful  . Yes i said that because those failures or errors or whatever it is will serves as a lesson for to make better decision in the future. Make your failures as a basis if you want to be a better trader. But we should reduce those failures that we make as much as possible. Yes we must understand that it is unavoidable but if you're already losing a big amount of money then you should probably take a break to think thing over. Some people are even quitting but you can't blame them since they lost a big one. |
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Yes if it hits $1K then it will surely drop at some point. It depends on what is happening around the bitcoin market.
Don't forget that bitcoins price is tied by the laws of supply and demand. For example when it hits $1K, A large
number of btc was sold, It should drop around $800-700. Also read some article about manipulation of pumps and
dumps.
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My prediction is bitcoin will onlt be banned by a few countries because other I'm sure other countries are also
seeing its potential and its role in the future technology. And if they really want to ban i, It will have a side affect
called streisand effect where when hiding/removing something tend to attract more attention that will only lead to
bitcoins growth furthermore people are freely to use vpn
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Profiting by investing on ICO is I think very risky as most of them just dumps despite all the efforts that gone
through like successfully collecting funds for it and many people promoting it. The worst case is when the devs don't
even give a shit after successfully collected the money from its investors. Ico has its advantages but it's like a new
way to scam people for me. Too risky
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I've heard of all4btc but they have the sloppiest service I've ever seen, and the highest rates as well(8$ minimum or something ridiculous like that). I'm looking for some service that's quick and can be used to buy items of off eBay quickly. You guys know anything of the sort?
Have you tried looking to other online shop like amazon or Aliexpress because you can use purse.io for amazon and shopawl for aliexpress. If you did not find the item you can order a virtual bitcoin debit cards. There are some sellers here who sells it for less that $1, Just be sure to carefully read the whole thread and review to not be scam. Go to the marketplace--> Digital goods or look one for yourself in google |
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Buying anything from dark web cannot be good. So just stay away from it because we all know that it is a shady
place. If you're planning to buy something do it with the already trusted sites so you that you can rest assured that
nothing will be lost. Use your bitcoin in a good way
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It would be great if it is unique because It will surely attract people unlike building an old one with a tough rivals.
Unfortunately, I can't think one and If someone did, They will not post it here openly. For now the closest business
I would like to make is lending services that only accepts valid collaterals. If I have the fund. I will start here and if
it becomes successful then I will build a site for it.
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It would be better if you have posted some important details like what are you planning to sell?, How much is your
budget for this? Anyways, Whatever it is, Your biggest problem is how you will promote it? and how will your
customers trust you?. You can build your own site and sell there which would cost a lot or you can sell to some
platforms like here for example. For people to trust you, You should pick a trusted user and vouch it. For
promoting, You can also start here. You can do signature campaign, posting in ANN thread or bidding for a slot in
the forum.
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Making the local businesses accept bitcoin will be a hard job. So if there's non then make one yourself. If you have
the money make a business that accepts bitcoin even as an alternative payment. First, You should spread it, Start
with the people around you. Ask them what business is good these days and smoothly add that you'll accept btc as
an alter payment. If you don't have money then just wait for a massive popularity bitcoin bomb in your country.
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Bitcoin Bank the idea is good, but this plan will not work out. If you want work out, this idea means the first thing you need that your government will accept Bitcoin as a legal currency. First, solve this problem after words we can discuss Bitcoin Bank. Till that, this is a unnesssory discussion.
Yes. But convincing a government to accept bitcoin will be really hard as most of them thinks bitcoin as a threat because it can increase the number of illegal activities. At the moment makes no sense to we let our bitcoin into a bank, even if they will provide a better result, instead the usually 5% year they offer 10-15% but for such rates they need to generate those interest. I dont like the fact to one bank be able to control mine bitcoins, something banks does with fiat already, besides those, imagine a bank frozen the funds alleging some new regulamentation.
Yes and in the first place it doesn't makes sense that bitcoin which is decentralized will be controlled by bank or even government. There are many things that desn't fit when a bitcoin bank has established like what you said that it will offer more regulation rules and it will be not anonymous anymore, More fees will come. |
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It's $800+ now so $1000 is really on the way and will happen some time next year. So bitcoins future in 2017 is
looking good and something to look forward. But the price will decrease also sometime next year allowing users to
buy with a low price. This thing happens quite often when bitcoins price keeps increasing and increasing after that
it will decrease its price and will return to a more stable price.
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So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
you should probably invest your bitcoin in to a gambling site and your bankroll is so big or should bet on sports their are alot of tipsters out there that have a good stats and lastly why not buy goods with your bitcoin instead of losing your bitcoin I guess your suggestion is big and very risky for him invest to gambling, since you have a lot of option to choose on how can you regenerate your money like it into business after you get your money into your wallet already. Gambling is very risky and i also lost my bitcoin in huge amount in gambling and now i forgot the gambling and now i am trying to invest my bitcoin in trading and other online business and i hope i will be make a good profit in the future . yes there is no doubt about this that gambling is more risky as compare to trading, therefore you need to be careful while playing trading, as you should set a target for yourself even on both side, loosing or winning. Investing in gambling using the money is acceptable because if you invest it in the right site then it will be certainly profitable but betting it on a gambling is a different story. As you all know that the house often wins like 70% chance that the house will win and the other 30% will be the chance that the players will win. Yes the bigger the amount you bet the bigger your profits will be and if it's not your day your loss will be bigger also. That's why many people here are saying that gamble only what you can afford to lose. |
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The best time to become a trader is you should do it as early as possible. But be sure that you know the basic
stuffs and precautions to help you adapt yourself in it. It is not necessary to read a bunch of books or articles but
you can certainly get knowledge on it. I can say that it will help you but in trading practical knowledge or your
experience is the one that really counts.
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Since bitcoins price keeps increasing, My guess is it will keep increasing till new year or so. And will decrease after
that so I'm planning to sell them in the day before new year and will use them again to buy when the price
decreases. Still the date is tentative, I still need to watch the market and read some news
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What are the best investment opetions for bitcoins to be put into?
Please post here!
Ico is the most profitable investment option where you can trust your money to the developer and to the owner there are lot of new icos that you can find you only need to choose one or if you had huge money to invest then separate that money into 2 or 3 investment option. ICO is certainly a good investment only if you pick the right coin. It is very risky and must be done with enough knowledge as most ICO's after getting released just dump right there. After that the developers also goes with its investors money. If you're planning to invest in ICO's be cautious. Any investment you choose, including Bitcoin, you have to think twice. How much you can invest and how much you can afford to lose. And no matter how sure you are in your investment it's never wise to invest all your money, that is always a risky, you can always lose and you have to be prepared to that and have plan B. If you ask me Bitcoin, fine art, gold and real estates are still the best investments so you can choose something of that or invest a part of money in everything.
If bitcoin is a guaranteed investment to earn a high profit that there is no need to rely on any other thing which will give us only a smaller profit over a longer period and no need to worry about investment in bitcoin all of our money. It is sure that there is not any lose. I have experience with it. At the time of halving I invest all of my money in bitcoin and I earn a good profit. I have never consider anything as a guaranteed profit. Any kind of investment has a risks. It's just that some investments has become successful which is what lessen the risks. The reason why most people are searching for another way to earn bitcoin aside from investing to it is they know that you can't earn from it in a day or week. You must wait. Or some people can't afford buying one that's why they just keep increasing their funds. |
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I had bought BTC from my friend face to face. I feel very much secured in this type of transaction because you have no chance of loosing your money when dealing with some body you know.
Yes that's the pros of exchanging face to face but people like them are quite rare these days especially if its somebody that you know. You can also find someone over the net and you will meet up somewhere near but I guess most people don't feel safe either that way yeah there is in my country a shop he accept bitcoin and i easily convert my bitcoin to fiat and i think bitcoin is going to improving because a lot of people accepting bitcoin and bitcoin get much more popularity everyday.
My country also has this exchange site where you can convert your bitcoins to your local currency. As of now we have three of them and it is much secured doing transactions with them than doing it peer to peer but you will have a higher chance of trading with high rates in peer to peer than them. It will be nice if each country has that kind of service. If there are many bitcoin users there then it will most likely happen |
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I buy Bitcoin when price is low and hold it until price goes very high.I dont get panic when the price falls down and dont sell it immediately.When Bitcoin price shows no progress, i invest btc in Altcoin to make some profit.
Trading bitcoin to fiat is quite easy these days than trading altcoin because it is more volatile than it, many altcoins even dump quickly and only few are good keeping for long term and catching them when they are still newly release is difficult because you can't tell if it will do good in the future, If you have been able to manybe its luck or you buy lots of newly released coins that will result to great loss. Also even though if bitcoin is doing great, Invest in altcoins. |
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trading is very much easiest you just focus on stronger currency like as bitcoin and buy bitcoin with low price and then hold it for higher price and when bitcoin price go to higher value then sell it with high price and bitcoin trading is very much easier than other currency.
Good Idea. For a newb it will be better to start trading bitcoin than going to the altcoins first. It can help OP to easily understand what trading is. And after that when he gets better OP can now start trading Bitcoin <---> Altcoin. Just remember to start in small amounts because mistakes are common when you're a newb since you lack experience. That's what happen to me when I was still new. |
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There is no risk in trading with strangers, as long as you didn't fall on their words or promise. I never trust escrow since they can also scam you. When I do trading,
In any situation, There will be always risks involved in trading. The only difference between them is their level of riskiness. Having said that yes escrows can also scam you but It is less riskier dealing with trusted escrows than a starnger right? Since their past involvement is also a must review to based their trust rating. Even if there are so many scammers here there will be always some people that you can trust to. I always do favor for me first ir meet ups so that they can not scam me. Also, it is better not to earn than to be scammed.
Didn't really understand what you mean there. Did you mean trading irl = in real life? Yes it is really better to not earn than to be scammed because you will just lose money and will gain nothing but taking risks and grasping new opportunity can give you more profits |
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Can someone know where a private key belongs once a person have found it?
Let's say a private key copy is stored in the cloud and is found for a bad person; is it possible for that person to know where to use that private key?
A private key is the most important part of the wallet because it signifies that you are the owner of a particular wallet. Now What if someone has your pprivate key, The answer is simple that person can easily access your wallet by importing it and empty it in one go. Making an online wallet is considered very risky but keeping your keys in a cloud is one hundred times worse. It is the best for your wallet and every important parts of it to be offline as much as possible. |
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