Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
For me yes it is, but I think due to the fact that this is a very accessible system which will make usq profitable in short period of time I think all of the forum users will demand for the increase of its value since it will soon store a huge numbers of user in which may help to increase the value of each bitcoin. Not only bitcoin specifically i think any crypto can never be stable for long or for lifetime. For me bitcoin is a good cryptocurrency and because of its not stable market price many investors are loving the way it is. So, if bitcoin is going to have a stable price it is not going to be popular as of today. Bitcoin's price is very stable at all but it is going to increase more in the future and I believe that it is possible. Investors are always in the hope to rise its price which is the hope for them to make money. |
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Yes bitcoin is a great way to invest your money into you can just only need to see how much people invest in it and all the good stories they have to tell you about their bitcoins i would say bitcoin can easily make one a millionaire.
I have been involved in lots of stuffs including trading, gold investments and a lot more, but none of them were able to make me much profit as Bitcoin did, despite investing tens of thousands. So Bitcoin is worth investing on. I think just saving them into banks bitcoin is the best way to invest your money, because of its increasing price yes there is a risjk factor in it but i think it is much more beneficial than saving into bank and chances of profit are way too high than saving into banks. Although Investing your money is not that simple, there's always a risk in there. So always check and inspect before investing. And invest atleast a half of your money and not all, because if that investment doesn't work, you still have a money to start again. |
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I see it, it's like a dream.
many people get rich in a short time, about 3 years
I feel this will be a social gap, because people will not believe in the magic of bitcoin.
some cases, they are reported to the police because they are considered stealing.
Bitcoin is like a miracle, many people do not think Bitcoin prices will be as high as this time, 3 years ago i ignore Bitcoin, if time can be in play back, I will definitely Bitcoin ..  Not so, rich but i think in recent time a lot of people around there makes a lot of money from btc and those who have invested in it so, earlier they are the rich people who have changed their life through bitcoin. When bitcoin prices rise above $ 2000, I guess, it's been a lot of people who make a lot of money. Well, they may keep the bitcoin they have in large quantities, so that when sold it, they managed to become a new rich man. I aim to be the next person when it touch the ladmark of $10,000. |
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Recently i had lost 0,09 bitcoin into a transaction i thinked were a good business opportunity, i did learned the hard way how important 2fa is to any transaction we do, i mooved away because even being a decent ammount my life will keep the same way, just a bit more experience to avoid any future deals similiar wich can lead me to a loss.
Initially when i was just started it. There is a severe impact on me whenever i got loss and i really feel the loss then when i get use to of it i understand the fact that this is a continuous learning process and as you grow older in this industry you will learn a lot. And in the long run even you will be hitting big loss it's going to be nothing to you once you have a lot of alt coins that you are holding plus supporting your portfolio that you have enough bitcoins to hold so, in that kind of situation loss doesn't really matters until it is very big. |
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I am using both bittrex and poloniex but more of bittrex because of the issues with poloniex then.
I have used both bittrex and poloniex for me i think to compare both. I will prefer bittrex.Bittrex is the best with best user experience, with negligible issues. I started with Poloniex, but soon had to leave Poloniex, it was just a personal preference, but now I see many complaints frequently. I still use Livecoin as I can add fiat from online payment processors, but for most of my trade at the moment Bittrex is my primary exchange. Although the transaction charges are way too high than other exchanges but still the best with huge number of coin on it. |
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To my mind, such emotion disappointment should not be used in trading. In this field analysis matters and understanding of it.
Yeah sometime we are but i think trading is one of the best thing I ever experienced or get into it. It is so great and awesome that I am one of being a traders. From investment to more investment, from business to more business, from partnership to more partnership, from product to more product and from money to more money. Buying and selling that was so risky and I really like it and it is just fun for me to do that all. |
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Learning to read charts is important - spotting daily trends - and also researching the company to see what big events, releases and updates they have coming out. From many coins have a good 10-20% range on a daily basis - obviously not 24/7/365 - but it's always good to watch the coin for a while and study the patterns of people. oh yeah, and stop loss  All the best! Indeed daily trends really helpful for the short term traders and really beneficial for the short term traders. it is the most profitable one if you now how to ride with the hype and we should expect that after the huge price comes there's always a fall since most of the shitcoins are placing some good signs so that they could trap the huge fool traders like me before 2 to 3 year back when i just started trading but once you got into it and know all the ethics of trading it is really an easy job and exiting as well. |
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Trading can give you a huge amount of profit that is more than what you get from a regular job but there's no assurance the you will always gain. Trading is unpredictable so if you made the wrong decision or speculation, you will just wait and wait until you make a profit so it's not going to be a fixed income.
I agree that trading can give a better profit but there's no way that it will going to give us an assured profit and there's no way to earn fix-income in trading. The prices of alt coins that we are trading are changing from time to time and what's worst is when the price of it we're all at down fall. But after experiencing this things, you can learn a lot of things from it and who knows that you can be a good trader that earns good amount daily. There is nothing fixed in trading or even in business. Yes earning through signature campaigns is permanent nut you don't know sometime your account add in any campaign and sometime not. Specifically in trading you need big capital so you have opportunity to buy different altcoin and for atleast 1 altcoin every week increase the price so you can earn bitcoin every week but keep in mind you always have to do research before getting into any altcoin. Trading is very good choice to earn bitcoin and to help grow your bitcoin. But trading is not easy you need a lot of knowledge and experience. |
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The biggest risk when investing in Bitcoin is that Internet is disappeared. . But I don't think that will happen. Let brave and invest, man! For me i think the biggest risk is that you can lose money on investment if bitcoins price will drops. So my advice is buy a lot of bitcoins whenever the price is down because it will probably goes up against and even if it falls again, you will not bother for your loss because you just bought it for a cheaper price. But if ever that you loss money through bitcoins do not cut your loss ever because you might regret it so, the best option is fill your bags whenever there is a downfall and enjoy the profit when it recovers. |
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Its too difficult to control emotion. More experience you are more understand how to control it. Actually we can not control 100% of emotion.
Try to planning everything you do is one of way to control emotion.
Controlling emotion is really not something very difficult. The truth is that if you are good and you know what you are doing, you see every of your move as the perfect move to make and you will never regret them. I understand that we cannot control 100% of our emotion and there would often just be some bad days, but over time, these emotions fade off in trading once you grooming into professional trader. Emotion control is a not just a lesson to be learned within one or two days. It must be a practice, should be heart-learned over time. I think you first have to understand fully the emotions and ethics and functions that how trading works and the coin on which you are trading you have to be first done research on it. you need to understand all the terminologies and where to get the information to analyze the coins you are trading. Everything can be read online and it could be the basis of our decision making, if you are lazy reading to update yourself, you won't succeed in trading. Time is too fast and every thing changes very quickly so, you have to go with the flow. |
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pump and dump I think is common in the world of Cryptocurrency and pump and dump is a good thing for traders we can buy a lot of coins at the time of dump and can sell with high oppit at the time of pump
Nothing to do with it. I think pump and dump are normal processes within the Bitcoin volatility and there is nothing you can do about that but to accept that fact and adjust your strategy to it. Despite some opinions there is no way to predict the pump or dump so you just can watch the market and react when it changes. You just have to go with your gut feeling and i think the best way is that just leave the lost and go forward. |
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I do not believe that these boom levels are not permanent for a long term, anyway there will be some opportunities will come up to invest more in bitcoin.
i think it depends upon different things for example right now there are speculation of the amazon adobting it. if this happen it will be very great for the bitcoin and as well as the investors of bitcoin because it will make it rise its price and in the end beneficial will be investors and traders. hope so it will |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
That possibility is highly possible, I have heard that in the past years etherium has been ruling the cryptoworld and everyone in the cryptoworld didn't think that bitcoin would be this big, but now look at how fast and big bitcoin have become. That being said, I think anyother cryptocurrency as long as people ate gonna take notice of it will rise, to the point of surpassing bitcoin if they would invest on it. Not know i think in current scenerio bitcoin is still strong and going high and high day by day and still the number one but one day if some features of bitcoin is gone or any currency comes with other good features ,it is very possible that it will be replace by another cryptocurrency when the community shift the coins they supported so, i think there is a alarming situation for bitcoin. |
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didnt hear of any bank accepting Bitcoin yet.
That is not gonna happen because they have their own money, they only accept what is legal and regulated by the government. Bitcoin as a currency cannot be regulated as banks cannot control, it will always stay decentralized and even if banks will create their own blockchain it will not beat bitcoin. i don't think it even makes sense to have a bank keep your bitcoins, it;'s just like leaving your personal bank in the care of another bank and hoping it will be safe, why didn't you open an account with them then than setting up your own bank? i think they will become a bridge between bitcoin and fait money because the basic need is the exchange to fiat for every customers all around the world. in some of the countries it was already declared as payment system but not a legal currency, it's a bridge for faster transaction but still it is subject to the law of the government and there is no way it will be the same essence as legal currency and i think it would take away long for this. |
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I’m a strong believer in bitcoins. But all investment is gambling.
Not so, but you said it a form of gambling. it is actually a chance for people to embrace change for people whom are not given the oppurtunity to earn a spot from works. It gives people oppurtunity on having a side job that don't require them a degree from college, and that don't require them to live in a specific environment because even in their own homes they could work through it. Just you needs a business mind and need to learn the ethics of trading. |
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That's because we still have to live in this financial system that exists today since it revolves around everything we do.
You'll likely always be tied to this system in one way or another, but that doesn't mean that you should convert your Bitcoin holdings to fiat. You can perfectly have your regular fiat income to live off, and have Bitcoin purely aside as alternative currency/asset or whatever you like to name it. I do exactly that. It's quite some time ago where I actually cashed out Bitcoin for fiat, and as we speak, I am not planning to cash out anything anymore in the forthcoming years. My fiat income gets the bills paid, feeds me, allows me to buy things if I need it, and still I have money left that goes straight to my savings account. I chose to seperate fiat from Bitcoin because I am not a fiat centric person, and I believe that eventually Bitcoin will gain even more importance in the financial world. It's an escape from this on debt based system. Those who are using it as a investment purpose there are different reasons for them but i think in the end everyone needs to enjoy the profit either by converting it into fiat like dollar or bitcoin.the dollar is the currency more transacted in the world, so is normal for us to see it as a standard. Also even cryptocurrency is more and more accepted in a lot of countries and stores everyday, the vast majority still prefers dollars. |
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Real money is more stable then bitcoin. Bitcoin is very unstable it can rise very high and it can fall very hard in a short time. Bitcoin is also online and not in your pocket.
Real money can be in your pocket and you also have a credit card who you have in your pocket most of the time. While bitcoin is online so its harder to steal it.
Yeah both are the form of currency but i think the both are totaly different in current scenerio. we can use the real money for direct shopping in local stores and we know that bitcoin is just using for online transaction like as online shopping or in use of website but i hope we will be use our bitcoin like as fiat like our regular money because bitcoin is getting much more popularity and there is a lot of people adopting bitcoin huge amount for the future i hope we will be using our bitcoin like as our regular currency but i think it will take almost 10 to 20 years for it to do so.. |
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Btctalk name: MoneyIsDebt
Rank: Hero Member
Current post count: 634
BTC Address: 1N2fSZGaBsEdkkp7qZ2nMjHZMCHZnRYSG6
Wear appropriate signature: yes
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Btctalk name: MoneyIsDebt
Rank: Hero Member
Current post count: 637
BTC Address: 1N2fSZGaBsEdkkp7qZ2nMjHZMCHZnRYSG6
eth address from the non-exchange: 0xD2aF2764C121Bba237afF8C7E7a0AC0EE220993C
Wear appropriate signature: yes
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Hi - Newbie here..I would like to put down 1000 USD next week.. What would your advice be to me?
I believe that they maybe a panic sell before November Fork which will be a good avenue for one to invest in Bitcoin and altcoins that has potential good return on investment. Investing in a project like jibrel Network will go a long way in bringing good return on your investment, if you don't mind please, you can check my signature for further details. For me best crypto is always bitcoin and if you asked about the safer exit from me than i will always advice you to invest in bitcoin because no other altcoin is safer than bitcoin although the margin of profit is not so high but risk is really low and i think this is the best thing that makes it best crypto for me. other than it i would like to invest in komodo stratis and coin like ark because they have really good potential and are worth to watch in future. |
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