The first rule of investing is to not put in more money than you can loose. If i were i would put aside a little of bit extra money at the end of each month and use that towards investing. Second of all, you need to be aware of all the fud. People will try to spread "fake news" in an attempt to either make you panic sell or panic buy. Lastly, dont panic if things do not go your way. If prices crash and your still holding, dont panic sell just hold through the downturn. If prices skyrocket and you did not buy in time dont fomo in because prices can crash shortly after you buy.
This is a good one, but at least I would consider not even going in at all if you do not have what it takes with respect to skills to be able to pull it off. Everyone wants to trade these days but they are not ready to learn even despite the fact that there is just so much to learn from with the internet age that we are in. Gone are those days when you will have to buy books before you can learn how to trade. The idea of not going all in should also be applicable to after learning and wanting to try your hand as that is where you start gathering the experience from. |
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You can make 10% daily, depends on your luck though, mostly.
It's not depend if you are lucky but i think if you have knowledge and skill to trade what exact coin that you want to trade. Actually, even 100% you can make that profit if you know how it works, but it takes time before you master that skill. You can make 100% or even more % profit in a day but the question is can you make it consistently same every day? My answer is NO, even for expert traders. Because not everyday coins will move up or down, so some days you can make a good profit and some days you need learn to book losses to avoid more losses. No one can make a consistent profit in trading. 100% consistently in a day is not possible but 1% in a day is very possible even if you put all the stop loss and every other thing in check. That is a low amount compared to what I make from trading every day. As long as you are very vast with trading and you have the knowledge on how to play safe, this is something that you can always achieve. That is like the OP saying 30% in a month, when i can make that consistently in a day or two except if there is just no coin showing some sign of movement within this period. |
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Except those who pretty much have no idea what they are doing, like the sound of being called a trader but just gambling the market, will always ask such questions and from the look of it, it seems we have a whole lot of them on this forum; 'Where should I buy? What is happening to the market? Should I sell everything?' Questions that would make you want to puke sometimes.
I keep saying this every time, anyone who does not have a strategy while trading is just busy gambling and like you said, what makes a good trader is the ability to draw up new strategies to favor every present condition, apparently, a charlatan won't know that.
Also, any investor that is asking such question as well, is just here for the quick profit, not because they understand the real reason why they should invest and look forward to the future, but since they are stuck with the idea of get rich quick kinda lifestyle, they would just not stop panicking, no matter what you tell them. At the end, it all balls down to IGNORANCE.
Yes, what most of them want is to make quick bucks and get rich over night without even trying to know where they are venturing into or the risk they are trying to take. These days, people always do not want to learn and that is the main reason as to why they ask some foolish questions most of the time, and like you said, they always really want to make someone puke. This is how it has been for a while and it would not stop as we keep seeing people who are just so ignorant of the space they are in. |
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it looks like bitcoin will be very difficult to get down to the price of $ 3k because bitcoin has a very high buyer and demand and is supported with a very limited bitcoin supply total condition of course it will be hard to get down to that price. Did he even say as per TA? I really do not know the TA he is using right now, maybe the one his grand dad used back in those days and ended up losing everything. People just love looking for attention, and they always get it anyway, at least it is an achievement for them. Whatever anyone wants to think, let them think, and if they like, they can stay away, but we really do not make any sense trying to predict what the future holds. Anything is likely but that does not mean we should start proclaiming doomsday theory when there is really nothing to predict here. We still have so many resistances even before then and anything can happen even before June fundamentally, so thinking ahead of what the future holds is just some absurd thing to do. I remember last year having a similar scenario, so many people came up with their own naysaying theories, but where are they now? |
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It's easy to predict prices anyone can do it but that's no assurance. If you notice the experts have their own predictions, it's impossible to say when the bitcoin value is high and low. So it is better to do your own research.
The market is usually more like a game of probability. It is more like, this has happened, so what is the possibility of seeing this happen. If this happens, then I will make a move. That is just how market is most especially for traders. However, this is not gambling that one would just be giving the prediction game, most especially as complex as it is. We can just try to find a way we can move with the trend most of the time, which would always be a good strategy, unless you just want to be gambling your position. |
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They aren't banning it. You can still talk about it. You can't ADVERTISE unless you are a registered trader. This is a necessary step to thwart scammers.
Sorta how this forum had to implement merit if you think about it. Forums like Bitcointalk, Twitter and Facebook need to figure out ways to control the scammers and confusion.
What most people like the OP usually do not do is to read the contents and once they see the headlines, they start panicking and asking some questions that may want you to puke. First and foremost, relating to his topic, how can Facebook or Google ban cryptocurrency ? What has cryptocurrency even gotten to do with adverts ? Secondly, if the OP and some who have been commenting annoyingly above us actually read the content, they would not say this. It is apparent the way scam has evaded the advert space and being used to take advantage of investors, and it is not like the advert is a total ban as long as you can prove your legitimacy, then you are fine, and I wonder where some people get theirs from. |
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The value affects the price, and I'm going to analyze the value of the decade.
To understand the value of bitcoin, we start with the basic value of money, which is also money.
Money is the most common and effective mutual trust system ever. In any form of currency, its value is essentially: "does anyone believe" why the dollar is the most valuable? Because the world believes in it.
The popularity of bitcoin has grown rapidly in recent years with the development of the Internet. I predict that the price of bitcoins in 10 years should be more than half a million dollars.
First of all, man you’re wrong. Yes, of course the world believes in dollar, but does that mean that we are all making use of dollar? Nope, rather we all have our own different currencies. If you’re thinking that Bitcoin will get better by people believing in it, then you’re wrong. That I believe in something doesn’t mean I’m into it. Someone can believe in something, but when you ask them they will just say “oh yes, I believe in that, but I’m not into it, already got something else’. All that matters is who and who are ready to invest their money into it. Well, let's face it, dollar has been the global means of transaction for years, so we cannot out rule that fact, however, I understand it is not everyone and as far as you are not making such transactions, you will not necessarily have business with it but I am sure the Op was just talking in general terms. I also believe in what he has said with the way things are growing with bitcoin in a rapid way, and that amount in ten years, may not be far from being possible and realistic. |
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It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Bitcoin is a part of digital money. How is digital money is your country ??
Its now become more popular using digital money in many country. Its because the advance of technology. In my country, not many people using digital money, and digital money not in many merchant but I am believe in the future, its will be standart for payment Glad to hear this kind of situation in other country a cashless society. Here in my country digital currency is started to be well known. But, not in the sense to be adopted by all to use as payment in the store. Our Government has no plans to adopt this digital currency because people still prefer the onhand or paper money. As this paper money is still very vital in the economy and to all citizens. This is the same situation we are beginning to have in my country as well and with the way things are going, it is becoming rampant. Yeah, one may still need paper money in some places, but you are rather doing most of the things you do digitally these days without the need of card. You buy food, fuel, groceries, etc. with your debit or credit card via POS, and most times, you are living every day without cash, that is how it has become. Technology is advancing every day, internet itself has changed a lot of things and since we can easily do most things without having to hold fiat, cashless system is beginning to gradually take a hold of most places all over the world. I cannot remember the last time I held fiat, and even the little I have on me for a long time now, it is either I am using it to pay some few hard laborers who may do some repairs for me, or give it as alms. |
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With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
yes I think paper money will disappear in the future because the function of paper money and digital money is more efficient digital currency because paper currency is not terlelu efficient and the raw materials of paper money thinning from year to year requires a lot of wood for make paper. I think paper money will not disappear because some people are not quite interested on digital currency and less knowledge about the site in how to initiate as a payments. I think it will reduce paper money because we have our own perceptions on paper money and digital currency. It is not even about digital currency alone. For instance, I cannot remember the last time I went into a bank to make any deposit or withdrawal in cash, and I have been holding few dollars in my wallet now for a while without even touching it since I can always do anything without cash. Of course, fiat will not disappear, but paper money just like how cowries became outdated, will one day as it is already, start fading away in usage. Let's say in some places where technology is highly adopted, paper money like you called it is already becoming a thing of the past as a lot of people are already going cashless anyway, so that would even make the adoption of blockchain technology easy. If you are referring to fiat as a whole, apparently, we already know that is something that we can never see happen. No government will obviously give up control of such. |
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This is the worst period I have seen in the past 2 and a half years although when ETH suffered the problems with the DAO the drop was also very dramatic in percentage terms. I plan to ride this out and sit on the ETH I have right now with a strategy that it will be worth 50 - 100% more when things recover. This is also a good time to be buying more of what you like.
We have seen the best, and we will always see the worst as well. These are two scenarios that are bound to happen always in a market and we just have to accept it and live with it. One thing for sure though is that a trend does not stay the same no matter what. A time will come when it switches based on the conditions of the market and that is when everyone should be looking forward to, but for now, we just load up for the future. Let us hope eth ends up finding a bottom and a support already. I did not actually expect it to get that low anyway, but it is the market, and even btc got low as well, so anything can always happen. However, that does not mean that it has already broken an ATH record and which would always be a target to always look forward to for anyone that is buying now. |
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In my own idea, it is better to invest in erc20 tokens rather than wave platform tokens because most erc20 tokens become successful when they listed on exchanges and they usually listed in coinmarketcap.
I really do not know what makes any platform better, except what you are investing into itself. As long as you believe it is a project that is going to be worth it in the long run and would be useful to drive huge demand for it instead of just some speculations, then why not ? This is not a matter of how good one platform is than the other and even though ERC20 platforms are more used and popular does not mean a token generated on waves platform would not turn out fine if it is a solid project. |
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We must be very careful and meticulous in investing in criptocurrency, it would be nice to ask in advance to know that ICO is really trustworthy. we know that any online transaction system must be based on trust, trust arises from our thoroughness in studying and filtering from the data in office and out office.
I feel that being meticulous is one attribute most investors do not have. They just want to pack up all they can all in the name of ICOs because they have heard how some always end up hitting as high as 1000% and then thinking that is how it is always going to work. It is a crazy space and an unregulated one, so it is very important to always take every necessary precautionary step so as to always end up safe. Prevention like they always say is far better. Moreover, some of us keep talking about why regulation is not important. As it is, it seems there is no way some investors will not end up getting screwed without regulation. Some of these things happening have left some countries to disallow their participants from participating in ICOs while some are clamoring on getting it regulated. I guess we just have to stick with the regulation for everyone to be safe since some cannot do a simple digging on their own. |
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For those of you advocating and believing that bitcoin would be a world currency, you guys need to chill and realize that cryptocurrency is not yet accepted around the world so its not possible. I know we all wish for this but it seems quite impossible. If we are saying that cryptocurrency especially bitcoin to be a world currency, that means we are saying that every country should reject their country currency and start using bitcoin. This is what I'm very sure that won't happen.
We are not advocating it, because the last time I checked I can easily send funds from US to someone in Japan or anywhere in the world as long as the person is willing to receive it without any stress or delay. Well, if you ask me that can be classified as a global currency already. Even though it has not been accepted globally on a larger scale, that does not mean it would not happen. Fiat is even having hard time breathing right now with the whole bullshit trade war going on, as my country's fiat right now is already getting beaten gradually. Nevertheless, I just do not like the idea of you involving ripple in all of this. I know it is your opinion, but ripple to me is a centralized currency and there is nothing different from it to the normal fiat system, maybe you should read more about it. |
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not necessary but if you loss much then its time to purge yourself you need to learn a lot from mistakes or any troubles when you trade. Be wise and face the reality, yes greediness is the number one problem or illness most of all traders.You need to overcome factors affecting you from trading like the emotions, you don't want to extract emotions while trading, don't be to excited when you hit your target profit in your trades. Just be calm and patience is the best way to focus on trading the market. Don't focus on the profits focus on the learnings or knowledge that the very important when trading, gaining knowledge when trading. Good luck. happy trading to you.
I totally agree with purging yourself and learning from your mistakes. I have seen the way a lot of people react to a moving market and the honest truth is that if we do not get to see people getting rid of this mentality of quickly getting rich, we will always see these entire unnecessary fomo rise. It is appalling because right now we only have a speculative asset in our hands and if things are going normally without some unnecessary greed, we could be seeing steady growth without much volatility but I guess that is something too much to ask for. |
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Before start in real trading for the better use demo account first, and there are one exchange offer demo account, that is HitBTC, here you can try first how to decide when good times to buy and sell. Learn about technical analysis and charting will help to decide it. But from my experience the most important thing in trading is not only knowledge about technical analysis, but good psikilogis. We should be patient to get better price when buy or selling coins, and dont be greedy when taking profit.
Demo account will necessarily not mean you can just make use of it to start trading immediately and quickly get better. Even if you are to use demo account to test your skills, you should always make sure you have learned very well first and then trade with the amount you will trade with in real life while getting serious, otherwise you will find out you are not able to learn anything at all. Trading with demo, unless you are very serious about it, you may see it as trading with something you can afford to lose, since you are not losing anything anyway, and that is bad but it is really good if you want to test what you have learned. |
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for you to be a successful trader you need to perseverance and consistent you will need help from other traders just like the one you are getting now. I dont use bitfinex but I use binance. I followed alot of signal group both on twitter and telegram. and also, I subscribed to binance coin listing newsletter because the earlier you join the whale the better profit you get. and lastly do not be greedy. always set target for yourself and do not deviate from it unless you are losing money
If we are referring to perseverance and consistency when it comes to learning, then I totally agree with that. Trading is a profession and not just some quick way to make some gains and only those who see it as such and take it serious are the ones who always end up making the best out of it. While so many people are busy rushing into trading today without learning is because they see it as something they can just easily do without knowledge, but over time, they always get to have the experience the bad way until they go back to the book to learn. |
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ETH is facing a lot of competition that it wasn't earlier in the year. Furthermore the ETH price is mostly dependent on the overall market, if everything is increasing then ETH will but it's very unlikely to hit a new ATH until the whole market recovers a lot. ETH like all other coins could still fall for a while or it could recover fairly shortly.
This is not even about competition, even though you are right with ETH facing a lot of competitions. However, this is all about the general corrective state of the market and from the way things are, ETH is not exempted. Most of the coins and tokens in the market are all doing the same thing and that even includes the boss itself, but that does not mean the market will remain stagnant for life, since at least we tested an ATH and we still have a possibility of retesting it in the long run. I would not be too quick on Ethereum's recovery to the previous ATH, and so is other market, but I expected that the market should do well generally, when we start seeing new money in the market. No one knows what the end of the year is actually going to be like, but I am sure as time goes on, we may start getting to see some greens in the market, but that necessarily does not mean that we should expect the ATH testing soon, which I believe would be a strong resistance to break. |
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Bitcoin will drop to $3000 soon, trust me
[im g]https://i.imgur.com/PCufaMX.png[/img]
fud and nonsense. Bitcoin is too far to reach $3000. It seems like you're trying to scare people to influence the market. Some noobs might buy into it, but not the real traders... In fact, no one should ever bother reading meaning to any of these baby charts and analysis posted by some wannabe traders who thing they can just draw lines and speculate rubbish, Market can respond to a certain news at any point in time, so a reasonable trader will only blend in with the flow and not just make some blind predictions which obviously no one can get right. If the market even at any point goes bearish to that level, it is just a chance to buy more. It is just annoying to see some of OP evading the whole atmosphere with your crazy, annoying and useless posts. If bitcoin would get down to that based on his speculation, then he should keep it to himself, no one needs it. Moreover, we already had a bounce, but the fact still remains that anything can happen, but what is the point in spreading FUD for some noobs to panic? |
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Have you ever experienced like you wanted to gamble but you can't do anything about it then you started to think what you can do for the meantime because you are bored or something like that? I have tried gambling with my friends when we are bored like if a red car passes by you would win, something like not on the ordinary or the norm in gambling but there's an exchange of value that's why it's still called gambling. If someone tries to prank someone, then they are willing to pay for it. It's the simple joys that you try to innovate.
What kind of gambling games/routines do you have? Have you invented a game where you and your friends start?
Well, maybe I did when I was small, but I cannot remember. You and your friends are busy having fun and that is good, and that is how gambling should be anyway. Have fun, win or lose in the process and once the fun is over or you are out of your budget, then you find other things to do. I guess I have only tried to gamble online for a while just to try out my luck for that day with just little I am willing to dash away, but I have never seen the fun in it anyway and trying to innovate some gambling options? none I can think of. |
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If gambling is illegal in your country, would you still gamble?
I think there are very few countries that ban gambling because its an opportunity for government to collect some revenue through taxing but for online gambling its really difficult to ban users because you can easily use a vpn to bypass such restrictions. Why would any government see gambling as an opportunity ? Yeah, some countries may see this as a way to get some tax revenues from casinos, but in the long run, they will just keep having a population of addicted gamblers who cannot control themselves and end up giving all that they have to the casinos. It is a free world anyway, and there is really no crime in it, but if considered illegal in my country, i would not bother. What is the point anyway when you are still going to end up losing most of the time ? |
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