In block chain technology, i believe on it, Most people around the world are increasing their knowledge in dealing bitcoins because it gives a good source of income, an opportunity, there are so many people love bitcoin, this is why it grows stronger and for the next generation this is the only way to get out from poverty.
Maybe you mean out of poverty for people who have discovered but not out of poverty for everyone. Off course many people out there are yet to hear, some are yet to understand it , some will not understand it and some after understanding it can not involve while some knowing it won't be able to get on it by themselves unless they go through someone because of illiteracy to operate computers etc. So poverty still remains. Good luck we found it. |
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SegShit , bip888 , bip 999 , bipbipbip , btc you make me tired and stressed
I will trade your seconde wife = ethereum
You don't get tired rather you look for whats going wrong and restrategize, I want to make good amount of bitcoin . |
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Corruption is as a result of insatiable want of man. So whether bitcoin or paper money, corruption is born with man. Anyway , for bitcoin, it might be lesser if we guide our wallet very well but once you have been frauded in this digital currency, off we know you can't recover it for now unless there is another technology out there for recovery.
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Nope , bitcoin can not end world poverty. Life itself is not perfect. So we having rich people likewise poor people in every society or country now and in time to come despite people being rich daily via having access to bitcoin. People rise and some people fall in status. All fingals, ideas etc are not the same.
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"The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century". This caught my consciousness being one of the advantages of bitcoin. This accessibility, decentralized nature and freedom are one usefulness driving people to it. Meanwhile, the unification by a year's time being 2018 is too soon to believe.
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This is obviously the time to buy and hold to trade with it when the recovery mood is activated so you can make good profit. Meanwhile, being careful is the watchword, remember bitcoin rose very fast this year, it will do same thing very soon.
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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?
You have explained the criteria of a good trader. The three M are way forward but I also realize that greed is another point that I think is another issue. For instance, take a physical buying and selling where a trader hangs his price high ,waiting to make huge profit just in a product, he might eventually not get to sell off and if it is a perishable goods, it would spoil. This is same with digital trading. When a trader holds a coin for a long time with openings to offload and make minimal profit, refusing to offload might be dangerous because a news item might come like a wind just in seconds and change the direction of the market. Also, I don't see trading as totally unpredictable. Most times, whatever is predicted come to pass, it then depends if you got scared at the moment of the market and exited before it hits your target. A little bit of luck sometimes though. |
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Hello, as we all know that Bitcoin is heading straight to the moon. Me, as an employee, do also invest with this cryptocurrency, and I kinda need to divide all of my salary for my needs, and on how much should I invest in? Let's talk about percentage. Anyone?
The percentage to invest on bitcoin depends on how much salary you receive. For instance, For instance, economically, it is expected that an employee reserves 20% of earnings monthly as savings and with such reserve, it is expected that the employee would be comfortable with 80% left for that month all things being equal. Consequently, you can then invest that 20% on bitcoin as you wish but if it is not up to investigating, you can keep it to add with subsequent month. Unless, you want to forfeit many comfort to go on with the investment. |
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The value of BTC is almost all derived from speculation. The real uses are still low. So it´s normal for people to take profit when it reaches certain levels. For now the support above 3.2K is not huge. So if BTC keeps testing its suppport of 3.6 and 3.2 we can see drops below 3K. For medium term i think a ATH is coming this year again.
Its good that you mentioned it because the price is slowly going down this last couple of days which I assume would not be surprise after a huge lift from $2800-$2900 to $4000. I said its expected because the China news still has effect on the market. It's about a week from now that local Chinese will stop its operation so maybe those Chinese who are still holding are slowly dumping their coins so we need to hold and brace ourselves for another dip in the coming weeks. But again, its buying opportunity once more so better be have funds when the price bottom again at the end of the month. Right bitcoin really got affected by the China news and other news from people that has name so I expected bitcoin to drop more. I just hope those people who keep saying that they don't want to buy bitcoin because its expensive will now take this chance coz they might not see another dip after this for this year. You are quite on it. People who are looking to buy bitcoin should embrace it , it is time to buy. However, I don't think the dip would take bitcoin to 3k mark even with the Chinese issues on banning bitcoin in there country. |
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I see bitcoin isn't going anywhere. You start up a business, you should expect the it to having teething stage where it will be characterized by ups and downs. Meanwhile, bitcoin has more-or-less weldered the storm , it is not going anywhere. For signature campaigns , outfits need their wears to go to the public to make more gains I understand so by simple economics.
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Hi, I'm planning to pull my insurance to invest in crypto for long period of time and trade a portion as well. Recently, I was wondering if I let my money sleep in my insurance for 10 years it will triple but I'm also thinking that what if at that time the value of my money is still the same as today because of inflation.
There is a popular saying that "you dont put all your eggs in one basket " meaning you don't throw everything you have to just one thing. You can diversify. Take part of your insurance money and leave some because nothing goes just the way it is planned sometimes just incase either investment go wrong, you will still have something to fall back to. |
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I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
If holding bitcoin in the wallet brings more profit as market appreciate well it could be but on the contrary talking about the risk part, I think it is safer when bitcoin is on trade because it most definitely won't affect you incase you lose your wallet for instance. |
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I don't panic really. When an altcoin I hold drops I know it will recover eventually because I always analyze my investment before investing in the first place. I think I will consider panicking once the internet shuts off for some reason.
This is just a better response. When one analysis the market before going in and it goes against you, you just see it as a wrong trade or decision, hence learn from it. Meanwhile, I thought I'm I happen to be the only one that panicks with the internet shutting off  |
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With Bitcoin falling so much this week/month, do you think it's a great opportunity to buy in or time to cash out?
It's never a good time to sell when the price is dropping. We've been through this situation before and a lot of people would agree that this would be a good opportunity to buy and get more btcs. I'm possitive of a price rebound pretty soon Not a time to sell actually. In physical marketing (buying and selling ), you rather stock up when price is low to resell when the price go bullish. So, this is exactly how it works with trading and having bitcoin. Don't sell when the price is low is the game most times. |
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ya trading is gambling for me even I read many topic teach trade skill or how to read chart ....
It all depends on how to play, if you played trading like you play gambling, your game just hope on luck rather than on skills and knowledge. but the fact that trading needs more skills and knowledge, while gambling 99% of luck. trading can not be compared to gambling, when you use a luck system in the trade it means you have the first two possibilities to make a profit in every trade and the second you lose some money because of a hasty sale, in a trade there is called by holding back funding, and that's a very worthy need until we finally have some profit from the delayed trade due to the stock market plummeting You are quite right. I don't think gambling and trading works same way. Gambling is simply a luck stuff and the outcome one can't determine but trading can reasonably controlled by understanding the indicators which most times could signal when to put an order or when to exit. |
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So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
This sometimes is not an easy decision because you will be caught in between. So whatever advise you will get, you might not really keep to it when the call comes. What I'm saying in essence is discipline yourself , put emotions aside when you are in a loosing trade, watch your indicators and hide to what it is saying and act thus. All the same, life is a risk but we still live in it. |
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With the "Advanced Chart" feature available in VIP.Bitcoin.co.id can help you, especially traders, to maximize the accuracy of your Cryptocurrency price prediction. Advance Chart has a more detailed look with various trading tools. How do you predict the bitcoin price?  You can improve with research, news (which is known as fundamentals). In currency market, news is very dangerous and powerful as it can pull you down or rise you within a very short time. For instance, the Chinese news saw bitcoin heading downwards while Japanese adoption gave bitcoin live again, this is a recent example. |
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how to control this ?
it is simple, stop doing random stuff and call it trading!
people usually just buy things they think are good or worse things that some random dude told them are good, not because they analyzed them and came to the conclusion that it is a good idea to invest. so it becomes a gamble at some point. and as long as it is a gamble, you can't know which way it will go.
Nice one... "so it becomes a gamble at some point. and as long as it is a gamble, you can't know which way it will go". Also, avoiding emotions and pity would also help. For instance, a weaker football team who has consistently lost ten matches playing against a stronger team might still lose 11th if they didn't do the right things and the indicators are showing red to it, supporting the loss. So, if it is a sell, you don't buy with pity or emotions. |
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Could it be an envy business with the dollar. Was bitcoin really mined to be used as in place of dollar in global exchange? What informed my view is the current happenings in the Asian continent , China making a negative statement and Japan making a positive statement which seem to contribute to the gradual rise in bitcoin. I'm thinking what will happen if another country just makes another positive statement on bitcoin?
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Central banks and other elites have painted themselves into a corner. There is too much debt in this world, and all of it is based on fiat money that central banks can print.
The elites must maintain trust in this fiat money by keeping inflation low. That means, one way or another, all the growth in wealth must go to a small number of people.
But the more inequality they create, the more distorted and unstable the system becomes. That is, more and more 'fancy' goods and services are produced just to satisfy the whimsical demands by the lucky people. This demand can disappear any time financial asset values go down.
So central banks must keep financial asset values high just to keep this demand going. But this only worsens the inequality, and the cycle continues. Eventually, something will have to trigger a financial asset crash.
The only real solution to this problem, from the elites' point of view, is to inflate away the debt without destroying the trust in state money. And the only way to do that is to devalue state money against non-state money. Traditionally, that non-state money has been gold and silver. Today, the (Western) elites are using Bitcoin and other cryptos to play that role.
You will not hear this perspective from the mainstream media or establishment economists!
I think the tail sentence of this theory is not exactly appropriate for me (- "today , the (western) elites are using Bitcoin and other cryptos to play that role). I rather see bitcoin and other cryptos giving riches and ushering anyone who sees the vision of cryptos into wealth. |
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