True. in fact according to statistics 90% of traders loose money in their first months but that is because they don't play with rules. it doesn't matter whether you do it with binary, pump and dump or simply on forex trading. Trading strategy is a bonus but what you need is the control. if you just trade during the obvious trend, then you can win almost hundred percent of your trading rate. so if you enter to trade position and you don't know why you are buying or selling at such price, you better get out. and not trade at all. but instead wait for the obvious pattern or pump and dump. I'm doing this for penny stock trading but this principle also applies to crypto currency trading. check here for beginners https://www.youtube.com/watch?v=HiY2OJZQLXcTrading is really unpredictable because you will never know what the price of the bitcoin will do ytou know lots of peopel are not getting enough information about that and they are trading for loses.
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Investing into the bitcoin great idea i am investing into the bitcoin also and i like it becuase you can easy make money with it off course you need to put money into it but you can make nice profits.
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Bitcoins are getting a true potential becuase so many people are using the bitcoins and that amount is growing so fast we cant do anything about it and most of the users for now are to stupid to use it.
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I will never sell all of my coins in one time becuase i know that people are getting mad by putting everything for sale you can better keep some of your coins ytou will never know what the price will do.
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I was doing some cleaning on my room and I found some floppy disks, they are around 15 years old! from the Sony brand. I don't have a floppy disk device anymore on my computer, so I used an older computer because I was curious to see if they would still work. To my surprise, they worked and all the files were accessible. This made me think that, you could store some Bitcoin related stuff in floppy disks too? Obviously having backups in other places too.. but floppy disks may be yet another cheap way to store files. If I put my seed key in a txt (compressed in a 7z file with a pass) and my wallet.dat file on that floppy disk, it would have lasted for 15 years. I hope that if I do this, in the next 15 years when I find the floppy disks again, I will be rich why dont you think that floppy disk cant safe to store your coins i dont think that is true because i think that all kind of hard drivers can safe store your coins because i am doing it by my sslef because i dont trust wallets.
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The price of the bitcoin already hit the 700 dollar almost and that is nice becuase that measns that he is going to get over the 700 dollar some times. Because the biutcoin will always rise.
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If you want to know witch one is better to use i can say to you you should use the bitcoin because bitcvoins are better to invest with you know because the value will never be the same so better change to make money./
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I dont want to use bitcoin wallets becuase i dont trust them you know i want to store my own coins local and that is why i am never losing a coin again some people are getting rid out of their wallet.
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I agree that he/she must check the site background first if its safe, secure and trusted then go. Location is a main factor on how you can buy bitcoins using credit card. Like here in our country we have our local site where we can buy and sell our bitcoins, they have also a mobile app so it is convenient. I suggest to make a research or survey before to decide what's best for him. He is on the right way by asking...
I dont know why people want to buy bitcoins right now as ytou can see the price of the bitcoin is to high and you need to cut it because the price will be higher in the future for sure.
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If you want to make money with the bitcoin you should invest with the bitcoin because i know for sure that investing into the bitcoin is the best way to make true money and make allot of money when you invest allot.
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If youw ant to make money with the bitcoin i can tell you just holding them doesnt make you richj becuase i know for sure that allot of people are making money with the bitcoin becuase they are investing with it.
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I dont know witch one you can use better i think you can use them both becuase both are here to make money if you look at the right sight to it And dont think gold will be better because bitcoins are graet.
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Credit cards actually charge fees to the merchants, and the cost is passed to the customer. In theory, if you paid with Bitcoin, it should be cheaper by more than a few cents.
With Bitcoin, you aren't owing money to someone. You either have the money at the time of purchase or you don't. Sure that may be inconvenient, but so is having to pay credit card payments and if you are late, then also the huge amount of interest that will generate.
Another thing about Bitcoin is that you don't need to give away all of your personal info in order to get some. Unlike with credit cards, there is no application you have to do, and you don't need to wait for any application to be approved before getting Bitcoin to spend.
Another is that if your card gets stolen, it is a pain in the ass to recover from fraud and it is also incredibly difficult to recover from identity theft that can also occur with stolen credit cards. With Bitcoin, there is none of that hassle, just the risk that if your Bitcoin is stolen due to your own poor security, you probably aren't getting any of it back.
they are only using bitcoins not to mak emoney you have allot oof different peopelk who are using bitcoins you know most of them are buying things with it other ones are investing with it best thing it to make money with bitcoins.
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Hi Secondstrade, I am a sr. member now. Please update my rank in your spreadsheet.
Thank you.
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I do not know what will really happen but I think that the bitcoin will still be used because its self controlled and no one can really stop it if you are asking me. I think that if it gets banned in some country's it still will be used for sure.
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I can recommend you to use Poloniex and Yobit, they are both pretty good and the dashboard they both have to keep everything up to date is also nice. I would choose between these two honestly.
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to me gambling is some thing different from trading, trading is less risky than gambling, gambling is totally a game of luck while in trading you must have good knowledge about the product and must have good trading skill.
I do not think its less more risky because in my eyes it stays almost even risky to do, gambling is very risky if you are asking me, it has maybe some more options so maybe a little less more risky but its stays almost the same in my eyes..
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No I would honestly not buy an hardware wallet because I think that a hardware wallet is not worth it and its also that with an hardware wallet you are not always secure that the security is good.
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If you are selling your stocks you can maybe make some good amount with the bitcoin but its also depending on the bitcoin right now because it can go down but also up. We still have to see this, lets hope it will got to a higher amount soon or later, I'm having some good hope that it will go to a higher amount.
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ofcourse bitcoin is worth for me, im mining bitcoin because i believe in bitcoin value, i believe bitcoin will be succes and can survive, so i mining and holding it for future reference
Even though I'm not into mining of bitcoins but for me I am completely believing that bitcoin is really worth to me because it is giving me a lot of opportunity to earn with trading and as well as being a freelancer and going to get paid with bitcoins. And as of now most of my assets, I'm thinking to convert it to bitcoins. Bitcoin is worthy for me and as you said it really gives us an opportunity to earn more money since there are lots of ways to gain it, either on investments, freelance works and many others to mention. Well if you decide to put fully on your assets on to bitcoin you must think very carefully with this matter since it would be risky. Its also worth it for me because you can do so many things with it and its profitable on all kind of ways. As a example you can just hold it for a while to make some nice earnings.
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