Bought some altcoin with BNB when BNB was 8$ and then it went up to 23$ the next day. I didn't really had a loss but if I would have kept BNB it would have been much better.
That is one thing almost everyone has obviously been a victim of and there is nothing we can all do about it. If the market decides to keep moving up and you take out your profit or you miss out of the show in the dying minute, it is just to accept your fate and move on. This is why some traders always prefer the long holding than having to do short term trading. Everyone have their own preference, it is just for you to make the best use of it. |
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Because now the bitcoin is volatile so I prefer to trade altcoin which more profitable, but that's also depends on how the market means in 2017 bitcoin holding is more profitable than altcoin trade because at that time bitcoin market more up.
Bitcoin is for the future prospect so better to invest in the bitcoin and hold for some time in future it will give good profit. Talking about the altcoin the prices are less so trading altcoin may give profit but need to select the altcoins carefully, altcoin with less base price so for trading suits better. Altcoins with less prices have less tendency to make your investment profitable. You are somehow right about altcoins that they can give you profit at the end of day but don’t you think this profit is more sensitive than a temporary one? Yes, it is. You must not keeping such misconception in mind. Better results only be productive through better amounts and capitals. |
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haha, if anyone can now when the market down, they wont tell to you. they will sell all their coins and buy when their price are low. so, let's research and give your own decision.
There is no hard and fast rule for a trader to get to know about the position of market. Whether it is low or high, this is nothing but commonsense. See the whole scenario, observe the coin’s price and determine is a storm coming right now or not. Majority times this is more than obvious to predict what is coming tomorrow for you. Be vigilant and wise, what is good for you. |
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Realistically, Yes. I mean bitcoin can go 2x-10x, sure no problem. But these other new alts can do 20x-100x without a doubt. So yes it is the new of Altcoins and a new generation of millionaires.
In the world of altcoins, there are number of crypto coins and most of them are newly introduced altcoins. However, one thing is very much true and that is the demand of the altcoins is increasing very much significantly and that the ones who are investing their money into altcoins are making out some good money out of it. These coming days will prove out to be very much favorable for the ones investing in altcoins. |
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Right now I have only approx 0.25bitcoins to invest/trade or do anything with them..I want to split them in good altcoins as well...please advice me what can I do with those which altcoins I can buy and how much I should leave only in bitcoins...
Right now I have 100 WCT and 55 Waves coins and 0.25btc more...please tell me which other coins I should add in my portfolio for those bitcoins
I don't think that the trading would be wise for you, just because you're here asking what to do with something yours. If you had any idea of how to trade you wouldn't be here asking for suggestions. Do some research and invest part of those 0.25 in ICOs and part in altcoins if you don't wanna keep them as BTC. Trading is recommended only when the investor is having sufficient knowledge about different trading aspects like deriving their own trading strategy and following all the principles of safer trading methodology. Still anyone can make big money by trading rather than investing into any coin but need to be more careful while trading otherwise simply investing and holding some highly established the coin is recommended. I am also in favor of trading compared to investing into shitcoins. Because in the past I have encountered many losses by investing into small projects for short-term period itself. At the same time I have made some big profits by trading some well-known coins. I'm not an expert in trading still I was capable of making some profits just because of getting some required knowledge from Google and many other resources. |
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I just hold my all investment in minimum 1 years, because i believe cryptocurrency market will be big in the future. When down market , I just more focus on bounty campaign and doing some hoby.
The longer you hold the bigger your chances to make profits, this is something that has been proved many times and in many different markets and the same is true for bitcoin and altcoins, just do not make the mistake of selling at the current prices since you will not only lose money right now you will lose all the possible profits you could get in the future as well. Patience is necessary when the market is down, there will be bad news and people will create FUD to even make the market dump. That is the time that you have to focus and trust the coin you are holding, if you made a good research prior to investing, you will find no reason to sell low and panic. The only thing that you need to keep tied with you during the whole tenure of your investing or trading, is the patience. When markets are down and you think your investments are on stake, believe me then your mind may be shaking. You may think of losing your investment totally and there a benefit smell can be felt at some time. But you have to be controlling your minds and emotions. |
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If you do not have any trading experience, then it's best for you to hold it! If you have the experience, you can trade (use only the purchase), before the correction go to the fiat and buy in the lower or averaged accordingly!
Not hold thoroughly but I suppose one must put some efforts here and there to get experience. This skill only comes when one practice something, some profits and losses are contributing towards your expensive bucket. Somehow if you get into one thing, how can you learn what to do and how to do next time? So not only hold, but get a taste of practical world. |
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For me, I don't leave full time for trade because for me my permanent job is very important so trading I can give time but not full time. The most important to prevent and still a permanent job to do this trade, trade is extra income for the expences that we need to solve a problem.
We can trade until the few days until the value of your invest in trading is high and increase.
Extra income comes with extra hard efforts to be put while you are trading or investing. When someone is talking about a comparison that whether to go for a permanent job or trading as full time job, I think the only one solid reason for going towards one option is to find who can give you better profit ratios. Probably, a better way for majority is a job rather a trading. |
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I happened to do a number of bounties starting last November , and i have really earned lots of money from them, better than even my job. i decided to dedicate some time for the esp Signature and social media, they seem to take less time.
It will be really nice to hear your achievement. At the same time I do hear many people are getting struck with some bounty programs for 3 to 5 months and also at the end bounties they are earning very low earning for their efforts and time. Probably you are good at choosing the right bounty program that is the reason you are making good amount of reward for your hard work. Yes, it is very much necessary thing to choose a right bounty program for participating. Otherwise you will not get enough reward for your efforts. It had happened with me in the past like before I am selling my rewards that coin was dumped in the exchange. So, first we need to read the White Paper of any project before participating in to their bounty program. Also gather as much as information about the team behind that project. |
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So i want to know is there any strategy to protect your balance before the dump?
There is no perfect technical analysis to predict the upcoming dump. The only best solution is to put a stop-losses order on a strong significant supports. If a coin breaks their support level, its tend to do dip lower. this kind of technical analysis is used in forex trading and its very accurate so maybe its good to use it in crypto trading. if you sell it in strong support and they break the support, mena you can buy back back again in lower price. Chart analysis is the only technique which can help you in having a fair idea regarding the future market value of any particular coin but still you can’t rely on your analysis and that the future will always be unpredictable. If you somehow manage to get to know about the future market value of any of the coin, then you need to make some better strategy according to the underlying situation and try to handle the situation of dump especially in a better way. |
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Firstly you should be know the risk, trading is high risk so you should have some strategy to reduce it. Learn also some technical analysis to get best entry point when buying and selling. If you have good trading strategy and have good risk management and possible to manage your emotion, so you have big possibility to make consistent profit from trading.
You actually need to learning number of things before even stepping into the field of trading as you need to learn those things in order to have better future in that particular field. You need to learn as many things as you can related to trading like that of chart analysis and similar things like that. Moreover, practice trading and learn how to keep your nerves under your control at tough times as you need to have this quality the most. |
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Friends do you think whether the bitcoin of the $ 100,000 course in 2018 will reach. I ask your opinion to justify why you think so. My answer is, yes, I think that bitcoin will be worth or at least will affect this price, because the crypt is now in the growth phase, technology blockchain will be introduced everywhere in different industries.
This is more just like Speculation, shitty speculation. Bitcoin increase 10 times just uder 1 Year? It's impossible, now Government bolder and adjust many regulation for this Coin, and i think $25.000 / BTC more rational than $100K Obviously, everyone is speculating as long as it has never happened and we do not even have a sign of seeing it happen yet. A lot of people are already wishing for $100,000 when we have not even crossed the previous resistance ahead of us, let alone test the previous ATH. I am optimistic we may reach a good value in this year, but $100000 seems just too good right now to expect, so I will rather pipe low on that a little bit. |
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This is a mistake a lot of us make. If you track btc every minute you are more prone to panic selling. Btc has a lot of ups and downs, if you are in it long term the short price has little meaning
Totally understand this, especially now with the blockfolio and if you invest in altcoins alongside bitcoin the temptation to constantly check and scroll up and down is too much, I find myself doing it far too much, it would be much better if I just checked it maybe once a day or every couple of days, mentally it would be better. Looking at the market value for number of times in every day will not change the market value of any particular coin especially the coin which you are having. You just need to stay cool and calm and that you don’t need to be so much worried about your coins. It will definitely take time for the prices to go up and that you need to wait till that time so that you can then some good profit. Checking the prices daily will just result in little tension. |
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It's never possible because if you sell coins somebody other will buy them...it is why it is not possible that everyone withdrew.
Though this thing can never happen as there will always be certain people in the market who will be ready to buy the coins which you are planning of selling them off. However, if this ever happens, then this will turn out to be the worst thing as it will result in a huge decrease in the market value of all of the crypto coins and will thus effect the reputation of all the crypto coins in a significant manner. |
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I can definitely relate with what you are going through. I think it's perfectly normal that you are preoccupied in your mind with trading thought. As you trade and become experienced, your expectations will be factual, real and stabilized! Just keep trading. If there is any good addiction, trading it is!
Trading is a long lasting learning process and it takes years and years for someone to become an expert in the world of trading. The thing is you just need to remain there in this field even if you suffered some loss. You just need to learn as much new things as you can by your own personal experience as well as by taking guidance from others. You will surely get a huge reward of all this in the future. |
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I dont know how much funds you have but some people advice to invest to some promising ICO. That is how I also start my trading, starting low yet can still profit. People nowadays see the price of bitcoin too high, thats the reason why they are afraid to invest their money. You can purchase tokens or different coins and offer them at high costs, that is the place the benefits you get with the goal that the more extended your capital is more noteworthy
Starting of the trade with the small amount of money is really a hood thing to do and that it can surely help you in having a better idea of the market as well as it will have lesser chances of losing of money. The thing is you need to invest only that much amount in trading which you can afford to lose as there is risk involved in trading. You need to learn the things well before making any huge investment. |
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Ofc every government is scared cuz of bitcoin, just think how many ppl knows about btc at the moment plus as I can see btc is growing up and looking at the money which we are using every day are dropping
There is nothing in this world which you can get without taking risk in your lives. You have to think out of the box and plan the things, only then you will be able to stand out of the crowd and can then manage to make some good amount of money as well. Investing in bitcoin is no doubt risky thing to do but the profit which you can then have by taking this risk is very much huge. So you need to go for it. |
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I secure my profit by putting it in investment since even though I do nothing the money still working for me and I will accumulate more income which is very favourable to my party.
Investment is the best way to keep your profits safe and sound. The most common way making investments is land. Land always gives something in return to its owner that’s why I believe that land is the best option to secure your profits. Land investment is in fact a long term investment made by people while another forms of investments are business, investment in other cryptos who are rising etc. |
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Sorry to hear it dude , but before trading a coin , check the history of the coin , here on bitcoin forum , after check the website , check the thread of this coin as there's lots of coins on the market that developpers left them since long time .. No idea why Markets still keep them , but ... Now the only solution you have maybe in few months the coin may someone take over and make it move or people like you jump to buy it  So you can just pray  You must acquire enough knowledge of crypto currency before trading. Then, you should develop trading strategy. Finally you can trade carefully. Because watchful trade can generate profit. Without learning you can’t produce maximum output from anything. Regardless of what is there for you, everything that have some potential to benefit you and want to indulge yourself in that thing, please make sure you have already learnt best at your capacity to take a proper start. In case of trading or not, I must say you should ask it to yourself that whether you can be benefited from it or not. |
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yes it has been and will get even more , why?
Because the number of coins has grown and they will grow more , as the numbers go up you need to read more news , follow more charts , there are more than 1500 coins on coinmarketcap and growing every day, could gives you a headache sometimes!
It is difficult for me to accept the fact you have mentioned. When number of traders as well number of coin is also increasing then how we can say trading is becoming difficult than older days. Because I'm not seeing any big differences in my trading as I am regularly making profits what I'm doing so far. Probably extreme level of traders may be finding differences due to more number of coins. Even they are 1000s coins are available in market, I'm always sticking with highly established coins alone. So I'm not finding any difficulties. That must be a great practice to avoid unnecessary headaches. We must be having some proper plan which must be something helps ourselves so that we can avoid unnecessary problems which are putting extra pressure for our trading. One good example here is, choosing a coin for our trading. Instead of looking for new thing, trading a coin with which we are familiar must be the right option for every trader so that they can make our predictions more accurate which will be eliminating lot of other difficulties too. |
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