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41  Economy / Trading Discussion / Re: Centralized vs Decentralized Exchanges - Which ones are better? on: November 06, 2018, 04:41:16 AM
I am using decentralized exchanges for trading as they list coins  I cannot find elsewhere. They are hacked sometimes, not user
friendly,  having  low volume and very bad support. Centralize exchanges are more safe ( the good ones offering refunding if hack happens ) .
Binance is opening a decentralized exchange as well, hardly waiting to see how it will look like.
Decentralization is better, because all transactions are more open, meaning they can be monitored because the server is not centralized. If centralization can occur data manipulation or prices that are very detrimental to the users. Therefore, many countries, especially developing countries, still apply centralization in everything, including trade.
42  Bitcoin / Bitcoin Discussion / Re: Don't buy bitcoin because it won't be fine on: November 04, 2018, 01:10:58 PM
Really? But I want to buy bitcoin whatever has it. I have bitcoin in my wallet. Atleast, I wanted to hold bitcoin for my entire life because I know it will grow up and up year by year! But as of now, I just need to buy before the price goes up. Bitcoin is precious in my part and I did not trust any single information that brokes bitcoin.
Buying bitcoin to get profits is clearly very related to the right time, because prices always move continuously. If anyone believes that now is not the right time to buy bitcoin, maybe assuming the price will go down again, so waiting for prices to be lower. But it must be remembered that the price of bicoin is like a reflection, after the price drops can rise very quickly. So, buy bitcoin when there is a chance.
43  Economy / Economics / Re: Investment in Bitcoin vs Investment in Education? on: November 03, 2018, 12:52:05 PM
I think education and bitcoin is two different thing but can invest both at the same time. While investing in education, invest also on bitcoin. Education is important because you can use it on your whole life and the knowledge that you can gain cannot be taken from you. While bitcoin is profitable but we don’t know how long it will stay.
I prefer investment in education, because education makes smart people and master technology so that they can make the future better. Bitcoin investment is also good, but it is purely business in nature so the calculation is only materially profitable, not a benefit for life.
44  Economy / Economics / Re: Banking is Dead… Long live Blockchain Banking! on: November 03, 2018, 12:40:07 PM
yes you are right for the development of technology and the more technology is created like this digital currency, the people who save their money in the bank will be very little because there is the safest, most convenient method of storing money and can get very many benefits like this cryptocurrency .
Logically, conventional banks will not die, because banks continue to play a role in running money circulation nationally. In addition, under the control of the central bank, banks are safer for storing large amounts of money. Bitcoin is indeed safe and convenient for its users because they are mostly highly educated, while from a society that has a low education in a conventional bank it is still safer and more comfortable.
45  Economy / Trading Discussion / Re: What should I learn to be a professional trader? on: October 30, 2018, 03:05:24 AM
You need to learn many things about trading and not just the analysis, but you also need to learn about controlling the emotion on the market. By watching the market, this can attract you to become panic, and you need to stay calm so you can think about the solutions. It requires an effort to get the experience, but in the future, you can be a professional trader if you can master this.
To become a professional trader there is no choice but to study and practice. Fail and try again, until you find a suitable system to implement, because everyone has different characteristics, and emotional management is very influential in trading. Being a professional trader does not mean that every day you have to make a profit, but in total in one month profit is as much as you want.
46  Bitcoin / Bitcoin Discussion / Re: Bitcoin 1 year change on: October 27, 2018, 07:45:43 AM
If you look at 2017 there are a lot of changes to bitcoin becoming more attractive with the same investment. Bitcoin is a virtual currency, so the price can go up or down every year. And that depends on the market.
The peak of bitcoin prices occurred on December 17, 2017 which reached 19,796 USD, while on January 4, 2017 the price was still 1,050 USD and on this day October 27, 2018 the price of bitcoin was 6,520 USD. From the price reality above, it can be concluded that fluctuations in bitcoin prices in one year are extraordinary.
47  Bitcoin / Bitcoin Discussion / Re: Bitcoin insurance. on: October 27, 2018, 07:27:46 AM
Cryptocurrencies are an area of high risk, so I think that insurance in this area should be well planned. I don't know of organizations that carry insurance of cryptocurrencies.
For now, bitcoin insurance cannot be applied for various reasons. One of them is anonymous bitcoin ownership and the risk of loss is high. Insurance as a protection agency cannot monitor bitcoin transactions to determine payment of contributions, because the transaction is peer to peer and there is no monitoring.
48  Bitcoin / Bitcoin Discussion / Re: Hackers on the rampage again, 59M $ Stolen on: October 25, 2018, 01:31:19 PM
Exchanges are highly targeted by hackers since there are alot of money in there. Therefore, it is really important not to store any coin or token in exchange for the long term.
All this time, what has always been a target by hackers is a place for cryptocurrency exchange. Starting from Japan until South Korea was the target of theft, which was worth millions of US dollars. But it is not impossible that hackers are eyeing purses containing crytocurrency if the owner is off guard ... The question is, if theft continues to occur it is not impossible for confidence in cryptocurrency to decline.
49  Bitcoin / Bitcoin Discussion / Re: More Regulations For Cryptocurrency? on: October 25, 2018, 01:19:18 PM
Governments will understandably fight to regulate it and already have started (it's banned in some countries). If regulations are put in place, the purpose of decentralization is defeated. Once the need for exchanges to make transactions is gone, they won't be able to regulate cryptocurrencies even if they tried.
The purpose of creating crytocurrency is to facilitate transactions by eliminating the role of third parties, including banks and the government. Then, the use of blockchain is to anticipate interventions from various parties, because of decentralization. But the governments in each country take different policies , some accept and some refuse. In principle, as long as the cryptocurrency cannot be regulated it will not be accepted in the country that has been refused.
50  Economy / Economics / Re: bitcoin investing on: October 23, 2018, 12:59:48 PM
Bitcoin investment is one of the lucrative and safest in crypto because Bitcoin has already gained much roots with large number of investors in support with it. Bitcoin offers a good portfolio for long term crypto investment because it takes time to take on new giant leaps.
Bitcoin investment is the same as investing in other currencies, it can go up or down. All depends on demand and supply. Bitcoin investment can be short-term or long-term, depending on how much profit you get. Bitcoin price fluctuations are greater than fiat currencies, so speculators like to hunt for bitcoin, because they are chasing big profits.
51  Economy / Economics / Re: Why the price of bitcoin rapidly going down on: October 23, 2018, 12:48:47 PM
BTC is a part of crypto and for today it is following the market, its price technically can't grow now because it will destabilize market even more in my opinion.
In my opinion, the decline in bitcoin prices is the impact of psychological effects after experiencing glory at the end of 2017 reaching a price of almost 20,000 USD. Everyone who observes or becomes a bitcoin community until they do not believe prices reach that high. After that the price continued to fall to around 6,000 USD. I think this is a correction from bitcoin to find price stability.
52  Bitcoin / Bitcoin Discussion / Re: Bitcoin in Indonesia is not legal on: October 21, 2018, 12:45:39 PM
Bitcoin is already gaining prominence in some countries, e.g Korea, Japan, US, Germany, while others such as India, Indonesia, China etc are placing restrictions on the use of bitcoin as a legal tender, Eventually those at the odd side of the divide (those against it) will eventually have a rethink and relax the rules
In principle, Indonesia prohibits bitcoin as a means of payment, because in Indonesia all payments must use rupiah. However, does not prohibit bitcoin as an investment, because the role of the government only warns of the impact of bitcoin, such as the protection of bitcoin owners, high volatile prices, the risk of bitcoin theft, and anonymous factors that criminals can use.
53  Bitcoin / Bitcoin Discussion / Re: Target Market of Bitcoin on: October 21, 2018, 12:34:51 PM
In my own opinion any individuals and companies who uses online transaction for payment are the target of Bitcoin market. There is no specific entities where Bitcoin focus it's market, Bitcoin are open to anyone who want to use it and that's make Bitcoin price increase if the demand are rapidly increases.
The bitcoin market target is everyone involved in the bitcoin community around the world, whether in a country that accepts bitcoin or rejects bitcoin. In principle, as long as there is internet all bitcoin users are the target market. More and more users, bitcoin buying and selling turnover is increasingly dynamic.
54  Economy / Trading Discussion / Re: Books or youtube to learn how to trade on: October 19, 2018, 07:26:40 AM
If you are engaged in daily trading in the world of digital money, you need to use reliable sources of information, because there is no king for them yet
The most accurate source of information today is the internet. We can know the issue about bitcoin from all over the world, whether it is positive or negative that will affect the price of bitcoin: up or down. We can also learn how to trade from youtube or discuss with friends on social media.
55  Economy / Trading Discussion / Re: The market is so positive (100% HODL) on: October 19, 2018, 07:15:26 AM
The crypto market is having a lot of positive news and the value is recovering, we should hold it at the end of the year. The market will return.
Bitcoin prices will definitely rise again, because bitcoin prices are like a swing. When there is a problem, the price drops and there is positive news the price goes up. So when HODL is chosen, it's only a matter of time because the price will rise. Time can be fast or long. But the HODL cannot become a trader, because the position of the trader always sells bitcoin, no matter the price goes down or rises again. The position of the trader is buying and selling.
56  Economy / Trading Discussion / Re: are you now afraid to save bitcoin until December 2018 on: October 17, 2018, 07:39:59 AM
Wether it's skyrocket or not on late this year, that doesn't matter. I'm here for long-term because the value of bitcoin will increase every year, so who knows in the coming years it rise far from the ATH.
Bitcoin business must be certain. Without confidence, there are only doubts and fears. Doubts about taking action or fear of losing so you don't dare to invest. I am not afraid of bitcoin investments, especially the long term. If prices continue to fall, just calm down. Wait, there will be a swing until the price rises as desired.
57  Economy / Trading Discussion / Re: If you want to be successful in trading.. on: October 17, 2018, 07:28:15 AM
It must not be that one has to be trading crypto currency everyday before you become a good trader. But from my own experience, what one need it master one particularly strategy that work for you this is because what work for me might not work for the other person.
To be a successful bitcoin trader, you have to learn a lot and start trading with confidence, failing is normal. Like other businesses, managing bitcoin trading must use monthly targets instead of daily, because today can lose, but tomorrow it is profitable. So as long as the monthly profit target is achieved, in my opinion it's a success
58  Economy / Economics / Re: World economy, what do you think? on: October 15, 2018, 02:29:58 AM
The country with the largest population in the world has made a significant impact on economic volume. However, the richest are not in the country with the highest population but they know the economic catch of the future is cryptocurrency and catching up with it.
The world economy is controlled by developed countries, especially the United States, where the population is large, so it is very potential for marketing the largest trade and producers in the world. When the US economy experiences problems, other countries will experience its effects. Therefore when there is a trade war involving the United States it can be ascertained that the world economy is experiencing a shock, developing countries feel the impact ...
59  Economy / Economics / Re: Who controls the market? on: October 15, 2018, 02:17:02 AM
I think that the big players control mainly the entire cryptocurrency market, but also in some countries where the cryptocurrency is legalized, I think there governments also influence the market, also various news related to cryptocurrency also affect the market, so there are many factors and only a small part is known.
Who influences the price of crypro is the crypto user itself. Because the market formed is the result of supply and demand. Without an agreement the price can be destroyed. For example, all crypto owners sell it but no one buys. What happened?. Prices will go down, because there are no buyers.
60  Economy / Trading Discussion / Re: minimum amount to start trading? on: October 12, 2018, 06:18:13 AM
to start trading you should be able to use trading capital which is not too much because for your learning and when you have started to know the right way to find and benefit from trading you can increase the trading capital you have.
As a beginner's capital can be 100 USD, if too little can run out quickly because beginners often lose. Carefully study profits and losses. And, don't give up because there are opportunities after experiencing some trade failures. Enjoy and focus, consider this a dream that will come true if it's often profitable.
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