hallo guys, i am new to trading btc. and days before the bitcoin gold fork, i was advice to sell my btc (which i did) because it was suspected to drop in price few days to come. But surprisingly, from then till this very moment, btc has been on a continuous rise. now btc is at $7000+ and we are getting close to the next fork in mid-nov. DO YOU GUYS ADVICE I BUY BACK BTC AT THIS CURRENT PRICE OR WAIT for a possible drop in price?
The advice you'll always receive is buy low and sell high, I could be wrong but I feel bitcoin is close to the top with regards to its current price, I expect a fall of some extent in the coming weeks, however it is impossible to predict with anything even close to certainty. It is true that bitcoin prices are very high today so do not insist on buying them anyway.Even if you continue to want btc must have a capital of great value.But it really depends on your desire to continue to buy or wait for the price to go down at any time. In my view I say we are humans and we always think some thing better like a greedy so we should think in same logic with a business ethics. We strongly recommend you if u have already invested then check for the rate, if price increases and u understand u r in profit then hold the profit and withdraw the capital which u invested this helps u a stress relief also u can go with your profit rate increments. Hope I'm done with my best, hoping u are glad. Well for me as of the moment, this is not the best time to buy Bitcoin because it is too high and still keep on increasing day-by-day. Just wait a little bit to lower the price then buy if you think that is the best time to buy. Just read forecast about Bitcoin so that you will know when is the best time to buy. You just stick to the basic rule, buy low and sell high and you can never go wrong. For as long as you are earning money and that's good rather than incurring losses. |
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Hi, Hope you consider my application please. Thanks! Bitcointalk Username: Marrionbitcoin Rank: Jr. Member Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profileBTC Address: 37Xx5zp9eibj6eTr8J4KPangwK9AUEuhXi Current post count: 107 I will do my best Thank you so much!  Hi, Sir. Please include me in thia campaign. I will do my best. Thanks! Hi, Llec. I was recently denied in the file hope you can re-consider my application please. I really want to join in this campaign. God bless! |
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What is a decent amount of Bitcoin you should have to make day trading worth while?
Maybe you should say what is your target for "decent amount". For some people getting 1 or 2 k extra a month from trading is enough for others they need much more. So it all depends on what target you want to achieve. For me it depends on the money you have. Ranging from 1 to 2 BTC will really gives you a "decent amount" and really depends your target that you want to achieve. But how big is big amount it is really depends on the money that you want to take a risk and money that you want to lose. It does not really matter, what matter is that you trade it well and knows the forecast of Bitcoin and its trending, with that you can never go wrong. |
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I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.
When a huge price drops happen and you are scared of losing you money that will cause you to panic and will decide to cut your loss. Honestly, you can't stop panic selling if you trade cryptocurrency with emotions. That's not the right thing to do, you should think of it as an opportunity to invest more in a discounted price as many as you can. If you want to know when is the right time to cash out, you should always look for latest news about Bitcoin and make your own analysis, if you think that the price of your chosen cryptocurrency will crash then sell it. Thank you. I'll make sure I am up to date with the bitcoin news and always analyse the current situation and would make a better decision from next time You really need to cash out if there is a significant drop down of the Bitcoin price and in the news if there's a threat of Bitcoin starts losing major investors. However, you really need not to panic because as you can see Bitcoin is too big to fail and the price is keep on increasing. If you are not sure, just withdraw it and put it in your wallet for the mean time and observe the trend again and monitor. But for me, don't be afraid and look at the brighter side of trading Bitcoin. |
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Hi, Hope you consider my application please. Thanks! Bitcointalk Username: Marrionbitcoin Rank: Jr. Member Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profileBTC Address: 37Xx5zp9eibj6eTr8J4KPangwK9AUEuhXi Current post count: 107 I will do my best Thank you so much! Hi, Sir. Please include me in thia campaign. I will do my best. Thanks! |
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I see a lot of people talking about when to sell; but I think that buying is as important if not more (obviously you but low -_-). so do you guys aim to buy the lowest low of the day/week/month/... and do you think that is riskier and/or hard to predict. do you wait for price reversals? do you follow expert advice?? please share your thoughts and your stories (successful or otherwise ) Depends on the situation, a 7-14 day lowest would be a good time to buy but try to check if its already over sold, check the reason why the price is dropping. if you plan to buy today because its the red days and price continue to drop, I suggest to wait for a little longer as hard fork is around the corner and price will continue to drop. You really need to buy at lower price and never buy while the price reached at the pumped price, because it will suddenly dump its price due to more will be selling their holdings when price hits the goals of most investors. Waiting suggestions will benefit you if you listen to those who advise us for good and that's true fork is there, so if you waited for the exact timing price starts to pump then you can buy again and hold for long term. This goals that we have will certainly bring good results as for several months to go can be exciting but hard to have patience. It really depends on the price trending but basically the price should be low when you buy. Just remember the basic, buy low and sell high and you must stick to that no matter what happens. As of right now, the price is too high and it looks like impossible to wait for the price gets lower like $5,000-6,000. Just make an average price trend like for 2 or 3 weeks only so that you can still estimate when is the best time to buy and don't wait for the price like earlier this year because it looks like impossible to get reach. Just read the forecast about Bitcoin and make plans. |
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Hi, Llec.
I just saw that I am rejected, may I know the main reasons please. Thanks!
Hope to recieve a feedback. Thank you so much!
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or may be buy low sell high ?
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
The basic rule when doing trading is Buy Low and Sell High, just keep that in mind. Buy when the price reach its lowest and wait until it reaches the highest price. However, sometimes it does not go that way because many people cannot hold their emotions when price is getting low which resulted panic. The key is you have to be patient to wait for the price go low to buy and sell when it is high. |
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I think the peak of bitcoin is around $8000-8100. It never went up beyond that, do you think it could? Right now its below $8000
We cannot say if Bitcoin will drastically going down because right now the price is still going higher. Most specially the holiday season is near so there is a possiblity that the price will keep on increasing. Bitcoin is now well known my million people so that demands will keep on increasing. |
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Hi, I can't find my name on the updated list. Hope you consider my application please. Thanks! Bitcointalk Username: Marrionbitcoin Rank: Jr. Member Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profileBTC Address: 37Xx5zp9eibj6eTr8J4KPangwK9AUEuhXi Current post count: 110 I will do my best Thank you so much! |
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I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above $8,000. I have also see that this may happen before end of this year.
As of now, this not the right time to buy because the price of Bitcoin is too high and almost reach the highest price of all time. Just be patient in waiting for the price gets a bit lower. I suggest that you need to read the news about Bitcoin forecast so that you can make plans on when to buy. In addition, better that you have money ready on your wallet so if in case you need to buy Bitcoin, you already have money available. |
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In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
Yes, there is a possibility that banks will be able to exchange Bitcoin for as long as it is regulated by the Government because there is still a risk factors that can affect the banking industry most specially the investor who already have their large amount of money in the bank. And Bitcoin can also be abuse by many people to launder money and transfer to ficticious or bogus accounts. |
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Hi, Hope you consider my application please. Thanks! Bitcointalk Username: Marrionbitcoin Rank: Jr. Member Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profileBTC Address: 37Xx5zp9eibj6eTr8J4KPangwK9AUEuhXi Current post count: 107 I will do my best Thank you so much! |
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Saving Bitcoin in a wallet for a long time is there any risk? while for long-term investment I have to keep it in my wallet. Please advise...
In my opinion, it is ok to save bitcoin on a wallet but not for too long like for a 3 to 4 weeks or more because your money would be idle or wasted instead of earning interest or investing it in Bitcoin trading. Just wait for the perfect timing to buy Bitcoin and read the forecast so that you can make plans. |
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As I said in the title. I was interested in putting my money into Bitcoin because of the ever-increasing price.
But I want to know what the biggest risk is to hold Bitcoin?
The risk of holding the Bitcoin is that when the price is getting lower for some time that might not bounce back higher than it was. However, knowing Bitcoin trend is now getting higher base on the demands of million of investors, Bitcoin is too big to fail. So, don't be afraid to hold because in the long run you will still earn from it. Just go back to basic, Buy low and Sell high. |
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Hi, Hope you consider my application. Thanks! Bitcointalk Username: Marrionbitcoin Rank: Jr. Member Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profileBTC Address: 37Xx5zp9eibj6eTr8J4KPangwK9AUEuhXi Current post count: 110 |
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Nah man, "too big to fail" means a central agency is willing to bail out a failing entity. No such central agency exists for Bitcoin. It's the free market at its finest!
We should all be prepared for failure. But realistically the only thing that keeps bitcoin going is the fact that a community of people believe it has value. This same theory, reality applies to all currencies and things of value. As soon as people agree that it doesn't have value it will fail and that will be it!
Bitcoin is something that we cannot predict on will happen next. We cannot assure if Bitcoin will lasts. But as far as we can see the price is getting higher and higher. The demands is still raising since early thus year and expecting be get more increase until end of this year. So do not be afraid to invest. Bitcoin is too big to fail. |
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How do I know if my application is approved or declined? Its been up to a week plus since I applied but I am yet to receive any feedback from the admin. Please any information update on how to get listed will be highly appreciated.Thanks!
Niether I do not know how? If i can start to post now or wait for some confirmation. Please inform me if you have update. I really want to join in this campaign so that I can experience what others really experienced by earning additional income. Please help us out on how to know. |
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I am newbie on bitcoin, recently introduced with the community. I have seen a lot of positive feedback about bitcoin investment. I am not interested do business or trade on market. I want to used it for long term investment only. Some people suggested me anytime is good for invest on bitcoin but I want to do it wisely. If you have some idea of the market and analysis kindly do it for me.
Bitcoin can be also considered as long term investment because you need to wait for the price to get higher that takes for months or year. You can also earn more in Bitcoin if you have invested much of your money because the return might be higher. However, the current price is too high so better to wait and read a forecast about Bitcoin. |
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As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.
I usually use Bitcoin most of the time on trading because I'm monitoring if the price will increase again so that I can decide whether to sell or not. I'm also using it by paying my monthly bills like water, electricity, insurance, fund transfer, etc. which is very hassle free. |
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