You could become a trader at any time in your life.What is needed is a risk bearing attitude since crypto market is highly volatile and so highly risky.You should start your trading with only small amount so that even if you get loss,you could overcome it quickly.Now,almost all altcoins prices are low.so even you could invest now in some altcoins and start trading as bitcoin price is expected to rise high after august 1 and all other altcoin prices are also expected to follow it.
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Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time. How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL? What makes you panic and how do you react to it?
It was in early times of my trading when i got panic due to some market situations as i lacked experience and i had no clear idea about crypto coins.To avoid such situations,we have to do a thorough research and find the most under valued coin.By investing in such coin,we could remain cool even when our invested coin goes down in price as we know that it would recover soon.Panic selling is carried out mostly by newbies as they don't have clear knowledge about crypto market.
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And now it is heading back to $1800 Lol. I think it would be like that in a downward trend until after aug 1st where all anxieties will be put to rest. I don't mind getting back that low though, i've earned quite a lot the past week when it did go down that amount then shot back up. Quite smart you are! You must have been holding bitcoins when the prices were low. I believe that August 1st is going to be a great step in the progress of bitcoins. Bitcoins will not come down at any cost in the ending weeks of August. Those who are panicking must have patient and believe in bitcoins. Bitcoin has started to recover from its downfall and its almost $2734.Those who were patient when bitcoin price dropped down to $1850 and didn't sell their bitcoins have now started to reap the benefits.Investment in bitcoins should be made in a long term basis and short term benefits could not be expected from bitcoins as it is not an altcoin which could even disappear quickly.
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Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
First you should read websites which gives details about crypto currencies and should know which coins are the older and newer coins.Then you should read the ANN thread of coin of your interest and find who are its investors,its market cap,road map and by this way,you will be able to trace the most under valued coin.Then try to learn how to read various price charts given in exchanges so that you would be able to know the previous price movements of that coin.Then start trading by investing a very low amount of even 0.01 btc and buy an altcoin and start trading.Fix your own profit range of 5 or 10 %so that you could trade safely.Don't ever panic.Don't ever follow the market blindly.After gaining prior experience,continue trading with a big amount.
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So far the only SAFE bitcoin invest medium I know is the crypto currency trading.
Learn trading Bitcoin from other altcoin, make some invest to good altcoins, and in no time, all your bitcoin investments will multiply.
Absolutely,trading is the best and legit source for earning bitcoins.Just invest in a good altcoin and start trading.If you invest your bitcoins in any scheme,then you would have to wait until the maturity period and you will not be able to withdraw your investment before.But in trading,you have full control over your investment and you could be able to withdraw your investment at any time.
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I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.
Most of the local retailers don't have any clear idea about bitcoins.They must be individually approached and must be explained about bitcoins.They must be explained that once payment is made in bitcoin,it could not be reversed.Also,they should be explained that though bitcoin price is highly volatile,its price has increased considerably from its previous price.They should be said that unless governments regulate bitcoin,their bitcoin earnings will not be taxed.
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What will happen after SEGWIT?
Some believe that hard fork could happen and result of which bitcoin price could crash.So they get panic and sell their bitcoins.But no one knew exactly what would happen whether a hard fork would happen or bitcoin price would skyrocket.Lets just wait and see.
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I got disappointed in trading in my earlier days.When i was a newbie,i used to buy coins which were rapidly increasing in price as i had no experience at that time.I didn't had any idea that it was being pumped.After i had bought such coins,suddenly the price of such coins started to fall down rapidly as a result of being dumped.So at last,i had to sell those coins for very cheap price ending in loss.
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Rise in bitcoin price shows that bitcoin is progressing.It is not a matter to be worried.Bitcoin has got legalized in japan and india is soon to legalize bitcoin.Mass adoption of bitcoin is taking place all over the world.Bitcoin has already been predicted that it would be the world's sixth largest reserve currency by 2030.Bitcoin has a good future and those who hold bitcoin also has a bright future.
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Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
First yo try to learn about crypto coins and trading in some websites.You could also see related you tube videos.Then do an analysis of coins and find the under valued coin.Then learn to read price charts to trace the price history.Then invest in an older coin at first to avoid risks since you are a newbie.Start trading with a small amount.Then diversify your investment by investing in two or more coins to minimize loss.
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There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need: Method ( i must have system trading) Money ( i must have management of money and risk) Mind ( i must can control my emotion) Tell me your opinions?
Yes,trading is an unpredictable job.Thats why not all who indulge in trading gain success.Thats why its highly risky.But such risks could be minimized by following some strategies.We should do our personal rsearch and find the most undervalued coin and invest in it so that maximum profits could be gained.
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i'm one who spend too much time for trading. I made so many stupid mistakes because of thinking emotionally instead of logically. what is your opinion? It depends on how you spend time in trading whether productively or just wasting time by buying and selling without any strategy just relying on fortune.But professional traders just do two or three trades in a month and not like newbies doing twenty to thirty trades a month and not gaining good profits.
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Yes,even now its not too late to buy bitcoins as it is now just $2550.After august 1,it is expected that bitcoin price could sky rocket.All that which happened in last two weeks was just due to FUD spread by big whales to just buy cheaper bitcoins.But every dust has settled now and hence bitcoin price is once again going towards the moon.
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Already FUD is getting reduced as most of the investors have already started to realize that hard fork is not going to occur.They have started to buy bitcoins inorder to avoid chance of missing them.So you could buy it now or atleast on july 31st but if you delay than that,then probably you would be the loser since bitcoin price would go high in rocket speed.
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Hey guys.
How can I increase my bitcoin money? I am a bit curious to those people who can easily make money “btc” grow fast. How do they it correctly? Can I ask a bit of advice on how to manage it like what you do? Of course I know many people here want to know too.
Maybe it is good to share a little of it. It would be great if we grow together.
1.investing 2.tradings 3.gambling 4. Service(no need investing but needed skills to earn) 5. Mining hardwares Those mentioned above are the choices for you to earn btc although some of them are so risky but yet its totally the best way to earn for now, and fornthe choices i gave i like the services since i can earn some huge btc from service type of works and i also earn some profits from ICO, but i am to choosy and selects only those potential and putting on them some money when bunoses are still yet existed. You could try all of the above mentioned methods to increase your bitcoins.But just avoid gambling as it may even make you to lose all of of your investment.Trading is the best and legit source of earning bitcoins.But its also risky.It should be first started with a small amount until good experience is gained.
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Hi,
Even just a year ago bitcoin was useable... now the fees are about 10x what the banks charge. Seems like its changing from a peer-to-peer money system for everyone into yet another convenient way for rich people to exchange funds!
What went wrong> And more to the point, who is responsible? What can be done to fix it? Thanks Andy
My friend,it has already been solved.Now you could send even large amount of money with very low transaction fee.It is also confirmed very fastly.Spammers have almost left the network since they all knew that segwit is sure to be activated.The biggest problem of bitcoin has been solved.
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Ok, so I have £1500.
I am 17 years old. I want to make money... I have three weeks of summer left to do it. I know that buying and holding Bitcoin is almost guaranteed to make me money in the long run but, I need more money than I already have.
How do I get 10x returns in three weeks? Altcoins? ICO? Buy a Bitcoin ATM? Create a cryptocurrency myself?
Thanks
Its very hard to even get 2x of your investment within three weeks.You are expecting 10x and i think its highly impossible.Bitcoin or any other coin is not a quick rich scheme.Price increases or decreases as per the demand.So,you are in the wrong place.
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http://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.htmlHave you heard of the story of a 12 year old kid who wagered with his mom that if he will be a millionaire at age 18 he will not go to college. To his mothers surprise he is now a millionaire and never went to college. His secret he bought bitcoin at 12$ with a 1000 $ gift from his grandmother. If we also dream of getting rich in the future it is now time to invest in bitcoins. Many said that we will be experiencing bubbles more often, that is true but we have survived it and still bitcoin keeps moving on. If we want to get rich invest in bitcoins today. The price of bitcoin today is at 2600$ and moving up but imagine its value 5 to 10 years from now. He is lucky enough to have bought that much bitcoins at just $12.Many early birds have bought bitcoins when most of people said that bitcoin would die and they kept their trust in such a new innovative currency.They deserve fully for what benefits they enjoy today.
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A bitcoin mixer becomes necessary only when you have lots of bitcoins wit you and you don't want to be traced by any one to avoid threats.Also,it is needed if you are sending huge amounts of bitcoins and you don't want your transactions to be traced by governments to avoid being taxed.
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Hi Guys, I would like to her from the community what they think will happen to the Bitcoin price 1 August? I'm sure this is a question on a lot of peoples lips! Even though the fork might not realise. Please share your thoughts on the matter and let see who where correct when we reach 1 August. At first,there was lots of FUD and many got panic and even sold their bitcoins at $1850 thinking that hard fork would occur.Big whales used his opportunity and bought bitcoins at cheap price.But now,slowly every one realizing that hard fork would not happen and so they have stared to buy bitcoins and hence this price recovery in bitcoin.
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