We are people and we are emotional and that's normal for us for being emotional. But applying it to the trading is not a good Idea and help to you because a trader who are emotional cannot avoid losing more money because if they are emotional they will be panic and sell the coins even that is not a good price or very low value.
Controlling emotion in daily activities is an easy task, but when it related to wealth or money, i think most of people will blind and follow their lustness. So controlling emotion on trading needs much experience of tradings and need much experienced of losses so they can feel the lost and feel the pain. If they never feel the pain of losing opportunity to get profits they will not able to control emotion because they always want more and hoping their coin can go up further Experience is still the best teacher to everyone of us, beginner in trading may sometimes lose hope, and cannot control themselves, but as you continue to practice trading everyday, you will have the confidence and little by little you will learn how to control your emotion, there's no instant on it, but as time is passing by you will eventually overcome it. Just continue your path and passion to do trading, there is no magic, in time you will be a successful trader just don't give up. I agree with you. The lessons we learnt from practically performing something are totally different from the theoretical ones. We can forget theory but experiences become part of our lives and they stay with us as long as we live. With the passage of time, these lessons help us in grooming and maturing ourselves. Trading is no different. Giving up should never be an option and every great achievement demands time plus perseverance. If you really want to make money through trading, your major goal shall be to learn as many strategies as possible practically. No doubt theory helps you in analyzing situations but often what you experience practically is not what you studied. You need to mold your theoretical knowledge accordingly. Since trading is solely practical, try it with small investment in the beginning in order to have grip over market. |
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Hi everyone,
distributed ledger technology is the future, I think most people agree on this, but why bitcoin?
Bitcoin is the oldest system, it is not scalable, it needs second layer scaling solution, it is energy consuming, there is few big mining pools and is not very decentralized. There are other problems too.
Woudn't a 3rd generation blockchain that is more decentralized in practice, less energy consuming, cheaper, and offer smart contracts and many more possibilities surpass bitcoin at some point?
Is the first move advantage so big, is there something else I am missing?
Its the BRAND man, BTC was the first coin, and has the name behind it. Alot of people invest in BTC not even knowing what it is, they just saw on TV there was money to be made lol Eth will be really big, but even BTC could do smart contracts itself,it would just take alot time to implement. Unlike other coins BTC dosent move forward until its testing is pretty much perfect, so upgrades take alot of peer review and testing Bitcoin is the king. Nothing can be like bitcoin. What it has given to the world is something that was never imagined. Bitcoin is the savior. It is the best thing happened to this generation. The holders of bitcoin are no common people. ethereum, no doubt, is a good rather the best altcoin so far but lets just get honest here, bitcoin is the whole reason why ethereum has survived till this day. |
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I believe that IEO and ICO will last long. do you believe  This is not the main concern of people that whether ICOs or IEOs are going to stay with us forever or not but investing in these things is beneficial or not. ICOs have left many investors in pain. IEOs are the trend now but they also don't appear to be great in respect of producing some profits. Choosing a good one is the biggest problem. People call them a gambling game. Because the future is unpredictable with them. |
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No doubt someone project growing up in the market, but the reason behind to stand any project it's teamwork of all.who have good vision to attract people.
Altcoins that are really supported by good teams that have some vision and mission stay for long and also benefit their investors. But that is the point. Not all the teams are looking forward to benefit investors. The trend is scam now. New coins appear to be very promising at the beginning, but once a good amount of investment has been accumulated, the project starts to fade away. |
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Bitcoin mixing is basically about privacy, while blockchain promotes privacy to it's highest levels, it also makes every transaction accessible to anybody who cares to look, while your identity is not tied to your transactions, anybody can view every transaction you make and many people do not like this so they use bitcoin mixers to mask their transactions.
And other people use that if they are hiding something and they don't want to reveal where the balance came from. Even gamblers use this mixer so they can convert it to Fiat easily without being questioned where the balance came from before they convert it to fiat because some exchange has strictly rules against gambling. If someone is not comfortable with sharing his holdings then it is better to not put pressure on him. It is not like he is begging for the fiat, he is giving away his asset for the conversion. If gamblers hide the source of money they get, the most affecting factor is the image gamblers have in this world. Nobody really respect them and they don't want to be tagged. Everyone has the right to protect his dignity. |
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It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?
Obviously it's because of greed. Human nature is based positive attitude and we always think it's our day. When we are earning light profits we try to go full repeatedly thinking that it's our day and then end up losing everything. Similarly if we face one or two losses we still remain optimistic. I think best is to merely go out with less money. Don't keep a lot of money in your gambling account. Whenever you win something try to withdraw it as soon as possible. This is the trick to restrain yourself. Along with greed, what is important is that one should know that no matter how much they win, they will not be happy. And even if they lose, they will continue to live life. So it's not like without that profit they want, they won't survive! That's a way I suppress my temptations to bet more. Exactly if you lose small so you will hope to win next but we will have to control this greed of hoping to earn even more. A person when gamble he wants to earn more and more he will be excited what can happen next so great will never finish but it’s important to control your emotions and your greed if you want to earn from gambling. If a person lose his money at first try so it means thae he need to take break and think about to recover lose but keep one thing in mind this try should only be to recover your lose not to become greedy player who want to make money only. As much as possible gamblers should enjoy gambling than putting stress of winning on their mind and lose the remaining money as well so just control before its too late. |
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in the case of short-term trading, or daily trading. You can use most crypto currencies on the market. example: you trade on btc / eth, and profit. then move on Btc / xrp, profit. and move again to another coin. so in 1 day you can trade more than 2x. Daily trading profits are smaller, between 2-10%. but for the long term. You only hold 1 or several coins for the long term. with a profit target of + -50%. about mind. You will be calm in the long time.
As long as bitcoin is being used in daily trading, it will be beneficial because it is the most volatile coin which makes the trading possible. With those coins that remain constant rather move very slowly, it is not possible to make any profits at all. Moreover, if the earned profits are utilized in buying altcoins, it is sad and bad for the investor. All sorts of trading become beneficial with bitcoin. |
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Describing a shitcoin varies from person to person. An alt that made you good money doesn't mean that it's a promising one. So please be honest, and if you ever have to sell your btc, what would you buy with them?
My first vote to Monero, for privacy reasons. Fuk ZEC and its "optional privacy" which is NOT a privacy actually. DASH? Lol, no privacy. Another bitcoin clone methinks.
Second one is Ethereum, there is no serious competitor in smart contract area.
I cannot find third one. Maybe NANO.
Well if i will sell i will go for the next coin which will be ahead and based in charts because i will be more cinfident to support other altcoin when i see its chart if it will offer a good reward in the future along with its actual development. I don't like hodling or buying any coins right now until i saw the opportunity thats how i buy this top altcoins. Instead of changing your coin now and then, would not it be best to stay with the one true potential asset. That is a way too much work to keep an eye on charts of many altcoins, figuring out the next promising one and switching to it. Also, none of altcoins are very good at producing profits. I will suggest you to invest in bitcoin and you will not have to go through the above tough routine. Profits earned will b more than satisfying. |
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didn't know about the project and after clicking the link, the website was not found or maybe the project was a scam because it was so fast to die. i realize your work is very stressful for your days, but when you are wrong in investing because you choose the wrong project then it will also make your stress and depressed increase and it is a suffering for your life. so, if you want a healthy investment then simply choose the top coins in the crypto market, because with you only choose potential coins at least maybe you will get a better income or profit to be ready to quit the job that makes your life depressed
Choosing the right project is the most significant thing to do. If your tool is not a powerful one, no matter how good a player you are, you are going to fail ultimately. Weak coins and projects cannot return profit even if they were never scams. Now losing money just due to one wrong decision is definitely depressing. For making money from crypto coins, bitcoin is the working solution. |
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In my opinion bitcoin hasn't reached bottomed out, because based on the analysis bitcoin will drop to $ 7,000. So right now
it's still trying to break the price of $ 10,000 if it fails, only bitcoin will go to the lowest price. The lowest possible price of
bitcoin is $ 7,000. After that bitcoin will go up to the price of $ 15,000. Hopefully the lowest and highest target can be achieved
according to plan. So when bitcoin prices are at bottomed out we can buy again. And if you reach the highest price we can take profit.
It already break the $10,000 since the day it started to burst up in just a single day but of course, after that, the correction started to kicks in and what we saw today's price is the result of that correction. I think bitcoin wouldn't bottomed out in this two months left and i expect a stable price within that period of time. Bitcoin stable price won't stand still more than a month, there must be a movement from it in near future either it's gonna up or down. We have to prepare for any condition that will come. But i'm sure next year bitcoin won't go lower than 7k and people prediction is around 14k-15k , and hoping more after halving. My prediction bitcoin's price peek will be at the end of next year because of the similiarity of the chart from 2016 to 2017 Bitcoin has already started to show signs of next pump. Even in the worst case, it is expected to touch 15k dollars but I believe it is going to be a lot more than that. Bitcoin has the potential that o one can predict accurately. People who make such low prediction do not really understand the true power of bitcoin. After the coming pump, it will become a dream to see bitcoin at 7k dollars. |
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Creating article is not easy thing. And publish0x's tips so low. After 10 article, you may earn just a few dollars... It is not easy.
Join a bounty, register to their article making (if they do have one), you don't to make 10 articles but you just have to make one or two, wait for the end of the ICO and you'll earn plenty of dollars (in cryptocurrency), if you get lucky, you know, there is a lot of bounties nowadays that are scams in the end, or will require KYC in the end which you'll need to meet the requirements in order to get your bounty. It's too hassle but if you are not sensitive on submitting your personal information on strangers, go ahead, it's worth it, I guess. Joined bounty campaign is one way to earn crypto without investing and mining, you have many choose with bounty campaign from social media campaign, content media campaign until signature campaign, you can joined based on your skill, if you can write media content you can join blog or content media campaign, you will get payment based on how your writing quality. For the past years, yes, we can stay that joining bounty campaign is one good way to earn extra income, but this year, we couldn't tell it, as it is like you just joined an airdrop because it is not that profitable compare to past years, so I don't recommend to my friends and relatives to just rely on it, but they should do trading too if they do have time, or making videos, articles etc. In the beginning, bounties were very famous and a good source of income to. In those days, there was no fear of getting scammed. The market was new and innocent. Not many people were aware of digital currencies. With the passing time and due to bitcoin, digital currencies and its related stuff started grabbing attention. Scammers also got interested. Now most of new projects are scam, even bounties. |
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Now that more and more countries are starting to go cashless ( http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage? This would be great, cashless transactions will bring so much convenience for everyone, especially for those who are technologically inclined and advance institutions who can follow the fast-paced technological innovation and avoid physical contacted crimes and even lower cyber theft for cryptocurrency especially bitcoin are backed with blockchain which has a superior security, but the downsides are, not everyone in the world has the capability to use crypto and are not technologically inclined. There are countries that are still developing and this might be a bad idea considering their financial situation. Apart from developing states, it will not be wrong to assume that the developed states will be soon seen legalizing crypto currencies altogether or at least bitcoin would be there for everyone. Of course even in developed states, not everyone is educated and able to use technologies easily. We need to look for majority. Even in developing states there are a good percentage of technology geeks so they will also adopt it soon. |
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The advantage in sports gambling is usually to choose a competition that we really understand and keep up with. like we gamble in a ball. we can be sure we are fans of football and gambling with the club analysis we have done. starting from match statistics and also players. all that is quite important in sports gambling Reading your comment I remembered that I saw tips from some experts, as they consider themselves experts I decided to test, I bet on 8 different teams, and guess what was my result? all 8 teams lost and I lost money. As it was a test I was not very angry, but I was shocked by the result, I did not imagine that the guys who claim to be experts would have so bad results. I believe this served as a lesson for me. In the betting world one should rely on oneself when doing research about teams it only means they are not experts at all. i have the same mistake in the past for basketball, only did i realize that you will have to follow the teams in the league to really analyze who could possibly win the game. if one top player is not present in the match, a possible loss could happen. and i mean if Stephen Curry is not paying in the current game, don't bet. i turned to boxing and MMA for i only have to follow a fighter and his stat and health. an underdog could win sometimes but most of the time, its the top ones that will win. I laughed a lot because of your comment, it made my day, but it might be a good strategy, i wonder how much money i would have won if i had wagered on the fight between khabib vs mcgregor, i would have won. But unfortunately I had no account on any gambling site in the past and tracking MMA fights is hard for me, I don't like to see those people wrecking themselves in the fight ring, basketball is another sport I don't like Watching sports is fun in itself. There is no need to risk money on them. It lays pressure because your money is at stake and this way, it is not possible to enjoy the real game itself. If you have no account on any gambling site then you should be happy. So far, your money is safe and secure. Even sports betting, which depends on knowledge, can produce unexpected outcomes. So best is to stay away. |
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One of the common reason is that they aren't really that patient enough to wait up for profits knowing that investing on gambling bankroll isn't really that big for a return
unlike if you do just simply put a bet on a gambling site then you would possibly earn 2x of your money in a matter of seconds.So majority do choose this path instead on
considering making investment and you are right where people do have different choices since we do have different insights in life and ways on how to manage our money.
It's not only about patience. I've invested in the bankroll long ago. I don't even remember which casino was it. The casino was young, the total bankroll was probably small (bitcoin price was small too). My investment was also rather small. However, when I've checked some weeks later, I was losing money. Maybe it was a mistake, maybe it was my lack of knowledge and patience, I withdrew my remaining money to contain the damage. I've never invested in bankroll again. So it's a risky investment, which requires some knowledge, patience and money you afford to lose. PS. Please don't compare investing with gambling. Gambling is not a way to earn money (because a good win vs lose ratio is obviously not guaranteed). I highly support our thoughts. It is best to not invest in gambling related stuff. But still someone has decided to do this, he must not go with a startup. Established and renowned ones must be his choice. Instead of taking such risks, it is best to not do anything with your bitcoin holdings. Let them sit for a good duration of time and you will be making far more than what these bankrolls have to offer. |
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We have repeatedly been able to make sure that Bitcoin will always maintain its high price volatility. Even now, after he lost about $ 700 in price in a few days, we cannot say whether he will continue to plummet further, or if he will recover and grow in value after a short time. A decentralized cryptocurrency does not have any constraining price factors, since its price completely depends on the ratio of supply and demand in the market.
it has become a risk in investing and one of them is the price and value we cannot predict and make sure that in the future investors will be needed who have the confidence and patience of investors in investing and in conditions like now investors must be able to take advantage of every opportunity we will get and can certainly benefit If this is the case, there is no market which could be predicted accurately. You never know your national stock market will close with positive points or will go in loss. Every market related to money is unpredictable. The volatile nature of bitcoin is beneficial for everyone because in this way it is possible for new investors to purchase this coin. Otherwise if it stays in pump continuously new investors cannot have it. |
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They were probably hoping that the Chinese government is going to close down the mining farms located in that country. But that looks doubtful now, especially after the recent comments on Blockchain technology by Xi Jinping. It will be very hard for a mining farm located in the United States to compete directly against a similar setup located in China.
China has great economy and I don’t think so there is any other country that is as much widely spread on international market as China. Though this is authentic news that China wants to launch its own crypto currency but it would be really hard for them to stop their people from using bitcoin. They cannot regulate bitcoin so people have many ways of using bitcoin without governmental permission. |
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If we talk about the technical aspects, it is not enough of course a new and more correct distribution of coins, to spend such a lot of electricity for PoW in our time is bad for the planet and for people. PoS also does not bring anything good, since a large amount of coins can fall into bad hands and to some government.
If we are talking about fixed-issue tokens, they are usually in the wrong hands from the very beginning.
We need to understand why do we need blockchain? I see for myself only one use case as a check of integrity and immutability of data in the database.
As a cryptocurrency, it is still very unstable and not safe.
I may add that blockchain is very young for use in economic purposes! I think even young blockchain is enough to improve current economy situation. What the world is facing, only some technological innovation can save us and that has already happened. We have very good options with us. Blockchain provides anonymity and security. Crypto currencies that use this technology can produce huge profits. These are enough for improving one’s financial standard. This is the reason why states whose economy was crumbling adopted crypto currencies and they are even trying to make it convenient for the public the usage of crypto currencies and that is why Venezuela has launched first ever bitcoin ATM. People need to understand that we live in smart world and no country can survive without adopting latest technologies especially if they are related to economy. |
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I see that Bitcoin will not go down more than 8900$ this November, because I also see that on a weekly scale there is a candle reversing direction at 0.61% fibonation. and I'm sure it will go up by around 10,000$ in the second week of this month. and I think now is the right time to buy bitcoin for 9000$ - 9100$.
i agree with you on what youve said that bitcoin wont go down below 8900$ ,and 16,000$ price is becoming real within this year. I hope bulls will dominate the market starting this month till halving next year. The market is at the moment showing increases in the values of majority of the popular crypto currencies since bitcoin is doing so. Many experts are pointing out bitcoin to reach at least 15k dollars by the end of December and expecting it to repeat the price pathway it followed back in 2017 leaving everyone astonished. We all shall simply keep fingers crossed and avoid believing into rumors. |
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In my own personal opinion, bitcoin could really get back it's price up to 20k USD, but not for now it can't because bitcoin is still recovering it's price from it's downfall in the year of 2017. I think bitcoin could reach it's 20k USD price in the year of 2021 because bitcoin halving will happen in the starting year of 2020.
Almost all crypto users say that the price of bitcoin will reach $ 20000 by 2020, and they say that because of Good information support. although like that, we don't know exactly when the price of bitcoin can reach the price of $ 20000 by 2020, but many people analyze that the price of bitcoin will arrive at the price of $ 20000 in May 2020. Due to volatile nature of bitcoin, no one is able to point out the exact day or month of 2020 when bitcoin will be going beyond 20k dollars but there is a range given by experts. Most of the people are speculating that bitcoin will reach this magnificent price in the first quarter of 2020. So in short bitcoin supporters do not have to wait so long now. We are already approaching the end of 2019. |
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My advice to you, always expect a recession.
Even if you have to wait a long time (as practice shows no more than a year), however, before the growth, the price is always pressed down to buy as cheaply as possible and put as many people into the boiler as possible. This is a key factor that will allow you to maximize your profits. Take your time. Crypto market is in no hurry, feel its pace and move to the beat.
Just hodl it, recession is always there. Since bitcoin is created there were times that the market crashes each year bitcoin may at its lowest price than it could be last year and the next year will be bull run, market is uncertain. You may also invest in other altcoins so that when recession ends all of your coins will pump too, as they all depends on bitcoin status. This is normal for bitcoin and rest of all famous altcoins to increase and decrease in values spontaneously and magnificently. The recession of bitcoin is almost over and we are on way to great recovery. At the moment and in next few months, there would be news circulating abut defamation of bitcoin by haters but all we need to do is simply keep holding onto bitcoin strongly in order to help it recover easily. |
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