If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
Last month when I needed money I sold my bitcoins but there were occasions when I was in need of money and nothing to sell or ask anyone to lend but God always help me in various ways Where God helps someone to get money means the miracle aspect and this is possible must times because God will always show himself merciful.
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Bitcoins power is surrounded by the numerous advantages it has. Again, basically people like bitcoin more because of its high value in exchange. Meaning, the price of bitcoin is far above any paper currency found in the world, be it dollar ,pounds etc. In other words, any where in the world that you are, once you have access to bitcoin, you are sure profiting above your currency. This is the exact reason for the craze for bitcoin or why people are scrabbling for it even with decentralized nature.
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
Nature has made human beings insatiable in so many things, including the drive to make money. Hence, so many rich men would invest in bitcoin and even if some don't know about it yes, some of the cronies would tell them about it. They are surely into it. They just invest part of their money to keep climbing.
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Of course this depends on the infrastructure and support of wallet providers, if they work with malls, supermarkets, hotels, restaurants and provide ATM bitcoin and so the use of bitcoin will be more massive.
as far as I can imagine completely everything that Bitcoin can link and the whole range of services for a person, then I can only assume that all online payments can be very well combined with a crypto currency, unlike offline. I think that in the near future we will see in a very good service related to Bitcoin from every businessman who wants to participate in the world of cryptography. Yes I think one way to push is by making payments on line to be with bitcoin, this will even push faster. Also, evangeling bitcoin always to people. Shops should put sign board too, media stations should talk about it more too.
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The banning could only make bitcoin to have a little slow down but after sometime it will pick again because conglomerate and countries including Japan are supporting for their transactions and payment.
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Anyway, I would invest more on bitcoin because of it promising future to come and little in Gold because it has almost got to its equilibrium. Meanwhile, economically it is not appropriate to invest or put everything you have in just a venture, thats risky.
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I was happy seening bitcoin breaking resistance level of around $4000 trading area. This is another sign that we have resume another upward movement in bitcoin pricing. This momentum should be sustain in other for us to be able to break $5000 level. For those that invest around $2,987 last week can now be happy on their investment.
As long as there will be another bullisj news or support and the price will continue to growth but remember if this is a crypto investment and the trend can be changed anytime depend on the trend and how about the market itself, does the market are feeling stress or not due to the bad news. Crypto is really sensitive. This is really a sort of another bullish momentum. Chinese ban has proved a blessing in disguise for a lot of new investors and traders because people have bought many bitcoins during the dump period caused by the Chinese government now as bitcoins is rising again it is expected to rise up to the price of $5000 or more. This ride to bullish won't be a surprise with the adoption of bitcoin in Japan. Is coming like a storm soon.
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I feel like i miss the boat or missing the even bigger one. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers! For me I don't think there is a particular different way trading is done and I don't believe in a particular site or an individual being a master of it. My reason is that, for that particular individual or site, they have worked on a particular strategy over time and thus have mastered it and hence believed also in the strategy. So even if you taught the strategy, you might not like it, understand it or it might not be working for you. So build a plan, trade what you risk (small amount of money I mean). Keep working on a plan. Read news related to what you are trading - thats fundamentals and technicals do different things @ different moments of the market , do understand them and watch candle movements too.
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Ok, so if we are to believe the hype, the Chinese are dumping like crazy, and also many other weak hands. So question is, who is buying this up? Surely the smart money has held on till around the $3000 level before jumping in. So who/why is anyone actually buying over the last few days?
Yes surprisingly, this is another mystery that has been done by computer age. As you are focasting for a sell somewhere, another fellow believes and waits for a buy and it is trigered off immediately. So many people are waiting to receive your order because as you make an order someone is willing to go with it. This is made possible by internet and computers
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There are some trading sites with a built in demo account like Whaleclub, SimpleFx etc. Just try to practice trading. Or if you dont want to trade using leverage. Try Poloniex and Bittrex. You can trade as low as 0.0005BTC. Enjoy! Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Good suggestion since im doing this thing too when i was still starting as a newbie too on which you can actually practice trading on those platforms specially on simplefx since they do have a demo money which you can actually able to practice trades which is good in learning along the way and i did make self learning things on seeking informations in the net which really helps me a lot. Yea for newbies it is a good platform to learn. But I don't know whether they will learn the real time difficulties or not in demo trading. In real time trading, it is very difficult to predict which is going to give good profit in future. Even the experts also can't predict in trading. So first learn to trade by reading forum comments and other trading books after that you can practice and invest a small amount and try in real time then only you will understand what all problems will come in trading. The truth is that, demo trading or same thing as practice trading are not same with real time trading because your fear comes in anxiety, emotions, all comes in when you are doing a real trade and could make you exit a winning trade. Reading books and practicing with a very small amount of real money will help.
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What is the best coin to buy today? So many good coins.. sometimes I have hard time thinking what's the best coin to buy.
I think bitcoin is still a better coin to buy, it depends on your financial strength. This is the time to buy since the price is dropping. You can buy now and ride on its upwards movement soon.
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should i care about mining as a trader? does it affect the coins in anyway?
I would say that mining and trading are different in the sense of purpose. They are not meant to achieve same goals. For instance, trade is to make profit and mining is for sourcing. Hence they are mutually inexclusive but independent from another.
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A lot of people expected this second dip when the prices went back to around $4000, including me. It's not like I did like super extensive chart analysis on the prices, it's just that bull traps has happened alot in the past and I didn't see why it wouldn't happen again. I personally think it's gonna go back up to $4000 after this dip though. The only question for me is that how long are we gonna stay at the $3500-$3600 price range. Take this with a grain of salt as I'm in no way a pro trader.
How did you end up in BCC while trading BTC though? LOL
I equally think the dip won't stay there for long and that the price will reverse back to 4k and then continue a bullish trend for sometime .
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well well well well....that why everyone kept repeating it over and over again.....it a risk and you are advice to always keep you coin in your personal wallet unless you are ready to trade...be advice and reduce the risk of losing everything when an exchange closed.....the legal battle can be another headaches
You have a valid point, I think is not wise to throw up everything you have into trade but small percentage because closure of exchange site and the legal battle... Is going to be really funny that is if they have "license " to make matter worse.
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Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?
They are not same, totally different. Trying is just buying when is bullish or rising then selling when the price is dropping. For mining, you need equipment and electricity is important
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"Japan: No Bitcoin Tax, Thousands of Stores to Accept the
When bitcoin usage is officially tied to payments maybe to government on certain things, bills, proper awareness would have for the acceptance.
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for example if we use the dollar it will certainly be bad news to see the habits of the corruptors in Indonesia, they will never do small corruption. What if they later corrupted $ 50 million or even $ 1 billion. Countries will be dizzy to tackle such corruption cases. that is if we use only one currency, for example the dollar currency
One currency I think will lead to monopoly and this is an easy way for the few to control majority. Monopoly itself is corruption riden. So, one currency in my view won't really be nice as it won't lead to choice and when you don't have choice, that means being caged.
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the question is in the title. Is it possible?
A simple question , yes. As you have already heard. Bitcoin is paired with most altcoin. Read up more on cryptos.
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I look at data from the point of view of idea . The idealist school of thought have always posit that idealism supersides materialism. This has begun to be proven in different spheres of our daily life. Idealist maintain that one first conceive an idea before sourcing for ways to get them(the ideas) to manifest. That idea is cummulated into knowledge (which could be called technology ) before coming to material form as computers , appliances, mouse, cars, planes/jets etc or the conceiving of bitcoin cryptos - which is now taking the world into another phase of exchange.
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Demo trading could be a bit different from real life experience because it involves your real sweat i e, money. So emotions would come in and other things. I have not heard of demo for cryptos anyway only for forex trade.
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