|
This is something that can be quite difficult to balance, you do not want to give your information to anyone but at the same time you want your loved ones to have access to your coins in case something happens to you, that is something that I have been thinking about it for quite some time and yet I have not found a solution to it that is satisfactory for me.
|
|
|
|
I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.
The first step is to recognize that you are not ready and it seems that is something that you have done already, the next step is to learn as much as possible about trading, and this can only be done by investing most of your free time to read books and watch videos about trading, then you will need to devise a strategy that allows you to beat the markets, something that is not as easy as many think and finally you need to implement that strategy. |
|
|
|
It isn't necessary to listen to anybody and nobody can be trusted. It is necessary most to understand the cryptocurrency world and to trust only itself and the observations.
At this point in time the only person that you can trust is yourself, there are many people giving all kind of predictions and when you stop to think about it you know those predictions cannot become true, this happened especially at the end of the previous year when people were predicting that we could reach the price of 1 million for each bitcoin in this year and anyone could tell that was impossible. |
|
|
|
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis.
Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
Trading the news was a useful way to trade in the past, but now that everyone is doing it, it is almost impossible to set up your trade before someone else does and makes money out of you, so unless you have direct access to information that could move the market it is better to avoid trading the news and concentrate only on what the price is doing. |
|
|
|
Something like this was going to happen eventually, criminals are realizing that cryptocurrencies can be used to get away with their crimes and now they are realizing they can steal cryptocurrencies from their owners and very few if any police departments are going to take the victims of the crime seriously and even if they did they do not have the resources to prosecute them. |
|
|
|
This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding. Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year. We should still holding as selling below the amount we buy is selling out of pain and frustration.
If you bought bitcoin at the end of the year of 2017 then it makes sense that you are not very happy with what it is happening but if you can see the potential of bitcoin then you need to keep holding, it is obvious that this will be easier if you were still getting profits despite the crash but one thing you need to remember is that if you sell now you will regret selling even more than what you are lamenting holding your coins. That is actually something that I believe is normal due to the fact that most of the people who bought in by then would have been down hugely in percentage by now. Nonetheless, there is nothing to worry about and rather than worrying, people should learn the mistakes they made that put them in that position in the first place and get to understand that this space is still growing and it has not stopped yet and if they know where they went wrong by joining FOMO, they will know the best thing to be doing now at the dip is to be accumulating for the future. Most people want to get the benefits of the market without any effort, so what you are proposing makes sense and it will help people to make more money in the market if they learned from their own mistakes but that is something that is not very common, people prefer to keep doing the same thing over and over again and see if they can get different results and as you may guess that doesn't happen. |
|
|
|
New cash infusions are very necessary for the market to increase capitalization and as a result of growth.
Of course more demand is needed but the question is why such demand is going to come to the market? There are not many uses for cryptocurrencies at the moment, this is going to change in the future but investors do not see the need to put their money in the market especially when just at the beginning of the year we experimented one of the worse crashes in the history of this market. |
|
|
|
How I heard about bitcoin started early 2015 when I was searching for means in which I will use to earn some money to help support my schooling because I'm an undergraduate. So I was introdue into an online business by a friend called MMM (As of then I never knew it was ponzi) the way it was presented (mouth watery bonuses) made me to engage in it fully and started marketing it. I became successful at it made some cool cash too.
When it became famous in my country I decided to explore all its benefits then I saw an advert of BItcoin I picked interest because it was offering 50% ROI monthly while my local currency was 30%ROI. So then my journey began in the Cryptocurrency world. I became fully a Cryptopreneur January 2016 after my wanna be cryptocoin called TBC (thebillioncoin) failed me. I have made some few mistakes afterwards but I can proudly say, me picking interest in Bitcoin (cryptocurrency) from a Ponzi biz, is one of the most smartest move I have ever made in my life.
How did you hear about bitcoin?
It is interesting that you found about bitcoin through scammers and instead of letting that experience marking you and your opinions about bitcoin, you decided to let that aside and concentrate on the good part which was bitcoin, let me tell you that is not easy and you have done great since there are many people that lost money because of their own decisions and instead of accepting them they decided to blame bitcoin for their mistakes and they missed all the profits they could have made if they decided to let those feelings behind them. |
|
|
|
Who is more important to the development of a project? Developer, Team or Community.
DEVELOPER: A developer is someone who invented a particular project(coin)
TEAM: A team is a group of people that came together to backup the project to ensure success.
COMMUNITY: Community are people that subscribe into the project to ensure continuity by investing in it and also promoting the project.
A developer came up with the project,team working with developer to pick it up from there,then community decide the last part of the project.
Without a developer,we cannot have a project,Great team will surely influence the acceptability of a project,the end result depend on the community,then who is more important to the success of a project?
All of them are important but the developers are the most important, if there is not a good project being developed then the community cannot do much to try to promote it, but if the project being created by the devs is very good soon a great community will form and will make the success of the project almost a certainty, unfortunately there are not that many good developers working in new coins. |
|
|
|
I am a little doubtful that what I wrote is worth it or not, but this always comes to my mind and wants to ask this,
I have read several topics here that the drop in Bitcoin prices sometimes occurs because investors experience panic and sell their assets after reading the bad news circulating, and here I have thoughts what if a crypto community has the intention to raise the price of Bitcoin and other crypto by spreading the good news about bitcoin and also introducing bitcoin and its usefulness to the wider community?
Will it help to increase Bitcoin prices?
Good news cannot be created at will, if something positive happens in the bitcoin market then we are going to be excited but we cannot celebrate every single thing besides it is not like this is a small market anymore, bitcoin is extremely valuable and it is going to be very difficult to move the market anymore with small news whether those news are positive or negative. |
|
|
|
|
If I am an investor then that amount of money lost is not going to make me sell but if I am a trader that percentage is simply too much and you should have sold a lot earlier, while it is likely that you could recover from such a loss when the market bounces back that is not a risk you want to take if you are a short term trader since it will take you forever to recover that money.
|
|
|
|
Bitcoin is the ONLY coin.
When the shitcoin fiasco finally dies out in the coming years, Bitcoin will still be standing!
It is true that bitcoin is going to be around and it is still going to be strong in the next years, but to say that bitcoin is the only coin is not correct, even if by far bitcoin is the best coin there are still some other projects that are very good and even if it is impossible for them to surpass bitcoin the developers of those projects created something that is making the community stronger and that is good for us. |
|
|
|
At this very crucial and difficult moments of cryptocurrency, it's not time to give up what has been established for years. Our dedicated is required here in order for all of us to become successful. When we acquire success, of course it's not an easy road to travel or walk with. There it comes many challenges to test our integrity and capabilities, so as we move forward with it our courage, faith, patience and more that what we can give in order to survive is really a definite solutions in order to suppress the current bull trap. Just stay calm, the bull run is going to come soon. Always stay positive no matter what happens, just keep holding your asset and don't dump it just for nothing.
We all know that if we hold our coins the chances that we are going to recover all the money that we lost are very real, but there is a huge problem and that is the uncertainty, people hate to not know what it's going to happen in the future and since we do not know when the market is going to recover most people have decided that they prefer to sell and lose money than to deal with that uncertainty. |
|
|
|
|
Nothing is going to change, banks are going to try to manipulate the price of bitcoin as they want by using those financial instruments but it doesn't matter what they do they're going to fail because it is impossible to manipulate something forever especially when the system that they have created is so close to be in a huge crisis in the next years or decades.
|
|
|
|
Hello , in january i did a bad buy and now i am - 200 % i bought ICON at price of 0.00042 BTC after it drop drop , i bought more at 0.00026 i was think this is the bottom but not ... i bought more at 0.00017 this to me was very low price ... now i try to buy more more at this bottom price right now 0.00010 ... i hope Icon will go back to 0.0003 to recover all back . i also made different investment not only icon . so i hope i will be able to return the lost Money , now i am waiting , hope to see the price rise again . i learn many things from this .
As some people have pointed out you cannot lose 200% of your money because you only have 100%, now I think that you made a mistake, the strategy that you are using makes sense in a coin like bitcoin or in other coins that have been in the market for a very long time but what you did was very risky especially for such a coin, but I hope that everything turns out well for you. |
|
|
|
where i can invest my money to bitcoin or other crypto that i received monthly profit.?
If you really want to become an investor then you need to leave that attitude behind you, it is impossible for something as volatile as cryptocurrencies to give you some kind of stable monthly profit, if you are an investor then you need to be capable of enduring several months of losses in a row, if you cannot do that then you need to reevaluate whether becoming an investor is a good idea for you. |
|
|
|
|
If you want to be successful then you need to apply your strategy in a consistent way and that is impossible to do if you rely on your emotions to do your trades, so the decision is simple you need to limit your emotions when you are trading because if you do not do it then the chances that you are going to become successful diminish to the point that it could be impossible to get profits otherwise.
|
|
|
|
If you take an assessment, a lot of citizens are not yet informative what is cryptocurrency is....like bitcoin and other altcoins. One proof is that others can be deceived by swindlers because of lack of knowledge regarding crypto currencies. . They invest with the wrong people because of considering in unfounded information and hearsays. Educating people regarding crypto will not make them to mislead. Educators can teach about crypto inside school especially in economic subject/s because it has a big role nowadays. As Tom Emmer stated, “ People tend to fear what they don’t know. If people sailing the oceans at the time of Columbus had believed the world is flat, we wouldn’t have had the great discoveries of the New World.” ( https://bitcoinmagazine.com/articles/venture-capital-working-group-seeks-select-cryptocurrency-safe-harbor/) The main question is, is it really necessary to teach all people what bitcoin and blockchain are? Not in my opinion. The topic of cryptocurrency is quite narrow and people come to it when they are ready and they have enough intelligence to study the issue and start participating. The rest should remain service personnel. So it was and will always be. No need to force and train anyone. This is totally wrong. True, cryptocurrencies are not for everyone, there are many people that can barely use a computer so they are not really qualified to use something like bitcoin, even if bitcoin seems easy to us that does not mean that most people are going to have the same impression and it is likely that if they try to use bitcoin they are going to lose their money to hackers or scammers. |
|
|
|
Wow! $10,000 is a lot of money especially converting it to fiat currency in my country. Well, I will get this money split into three. I will use the first portion to invest in altcoins like, cht, ripple, and the almighty btc. The second portion of the money will be invested in something outside crypto. The last portion will converted to fiat and saved in the bank.
If you really want to become successful in this market then you need to be more aggressive than that, storing your money in a bank is a waste of time and money, that money is not going to grow and thanks to inflation you will lose purchasing power, it is way better to try put all your money in bitcoin that way at least you are going to get good profits in the long term. |
|
|
|
|
The OP is just exaggerating like most people that are predicting the death of bitcoin, nothing even close to it is about to happen, it is true the price is not improving but that is just natural after the huge bull market that we saw at the end of the previous year, the only thing we can do is to wait until the market recovers and unlike the OP I believe there is going to be a recovery.
|
|
|
|
|
Show Posts
