The key is to Have proper risk management. Common mistakes that a lot of traders are doing is to simply go "all in" like they are playing poker. Do not use more than 5-10% for each position so you will not get rekt at your first trade. Don't risk 30% to earn 5%.

I want to Learn by myself For This I need Some Tips and Some Good Ways.Should I Learn From Online Article Or Books?What should be the Way to Learn Well.What is The First thing I Have to do. Please Give me Your Suggesstion.It Will Be Great Help For me.

Hey guys, what kind of trading strategy do you use? and Why? What's the effectivity rate?

I have noticed that the transaction fee has gone up tremendously during the last two weeks. I am using Blockchain.com wallet, and until two weeks back I was paying somewhere between 1-3 Satoshi per byte for my transactions. But now the default fee in Blockchain.com has increased by more than 10 times, to around 40 Satoshis per byte. And I checked bitcoinfees.earn.com as well, and according to it, the fee needed for instant confirmation is around 220 Satoshi/byte.

I am not saying that at current levels this fee is unaffordable. But what if there is another 10x increase in the transaction fee? Are you willing to pay 2,000 Sat/byte for instant confirmations?

Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?

This depends on you, Each of us have different opinion.
Some of us see's the sudden rise as an opportunity to get out and take their profit.
But others see's it as an opportunity to get in and make some profit.
So are you going to take your profit or make some profit?

Bitcoin has become more popular in the financial world due to its sudden growth but When I see exchanges there is a high percentage of people who are trying to sell there Bitcoins to make temporary gains using current price increase and some fear this is a temporary situation so they use this moment to abandon the market but My personal opinion is they doesn't understand this is a time that any investor should invest more into Bitcoins because after along time BTC has shown us it is not a Bubble or just another financial failure so as investors we should have a clear understanding in order to make this opportunity an advantage

Extortion at its peak, it's disappointing to see how desperate some people are to take what's not theirs, anyways to be on a safer side now is the time you protect your information better

Scam email demanding payment in Bitcoin

I've copied it onto my own hosting as a simple text file. Links and addresses have been removed. I think it is a shame that people use Bitcoin in this way.I should probably report it, and let the police try to do something about it, but which police force would be interested.

btw There is no truth in the allegation, and the mail was sent to one of my spam vetting domains.

Right now Bitcoin is climbing up so fast, In the CMC Bitcoins' price is $7,875.26. Its a great news, Do you think it will be the same as what happened on 2017 ? What are your thoughts about it ?

I think the best traders are people who create something with their work and sell it that actually has real world use.


https://twitter.com/ThugLifeBlazer/status/1127742824806539265

The general sentiment of the market is getting very positive on Bitcoin as it is experiencing some upward movement. A lot of people are expecting that Bitcoin will soon breach the $6,000 level and can possibly go beyond that level in the coming weeks and months...and there are those already predicting of $8,000 or even $10,000 before 2019 ends. I know this is just another speculative notions but this can be reflective of the ongoing confidence the market has on the King of Cryptos.

With this backdrop in mind, will you advise a newbie to bitcoin to enter at this stage so he can be able to ride the coming "boom" or will you tell him to wait some more until the market is dipping?

If I got $1.000 to invest each month I would go all in on bitcoins, my goal would be to get first one whole bitcoins and then after that a second bitcoins also. Getting two bitcoins would with today's price take around one year if you invested $1.000 each month.

Hey,


Looking to get some ideas from people so let me begin by explaining my situation:

- I initially invested around $3000 just over a year ago in crypto, which is now currently worth about $1000 (2/3rd loss). I've written this off/left it and am a firm believer the market will one day recover, be it short or long term.
- I then stopped investing early this year.
- I now have opportunity to save/invest $1000 each month (after all my bills and everything are paid for).
- I have $5000 saved in cash as emergency in case I need it.

How would you invest the $1000? Or would you just save it all, or only invest a bit of it each month based on market behaviour? What coins are good to look into investing slowly, with the belief they'll give the best returns if the market properly goes into a bull run?

as we've been in a state of bear-trend for almost a year, i'm trying to find another usage of my eth and btc except hodling. do you know any real working crypto-marketplaces? probably it's not a bad option and i would find something really worthful to buy without any doubts of being scammed. kindly waiting for your feedback

There seems to be a lot of insanity out there. I recently saw a youtube video claiming 98 million dollars a bitcoin as some poin in the not too distant future. That would mean btc's value would approach a quadrillion dollars! Maybe everyone is expecting the US to go Zimbabwe and your btc will be worth 98 million dollar with which you will be able to purchase a bottle of water.

First we need BTC to get to a trillion market cap, which I think is definitely doable IF it becomes more easy to buy. Less KYC, more ATMs, but with governments seeing btc as a challenge, that seems unlikely. A lot of media excitement at Bitcoin breaking a 200 billion, 500 billion etc market cap could get it to a trillion.

It will likely not become easier to buy, so we need another trigger. I think a repeat of the 2008 recession could do it. Probably btc woud initially fall, but then move up. The question is how high before investors want to cash their chips in? There's a ton of people sitting on a couple of btc. If each one becomes worth 50k and the dollar is worth just a fraction less than what it it is now, a lot are going to cash out and buy houses and cars. There will be greed, but there will also be fear and its not hard for a normal person too google bitcoin spiking to 20k and quickly crashing. Getting back to that 20k would be an initial target then 50k which is a nice round media friendly number and one that is high enough that it would tempt people to cash in.

I think bitcoin needs a few years to get up to that 20k and if it happens slowly but steadily, then we can hit 50k. If everything goes well and it starts getting easier to buy and easier to spend, I think 1/2 of gold's market cap is a reasonable goal. There are other crypto currencies out there and some people will still buy gold and it would take a long time for Central Banks to transition from gold to crypto. I don't think such a thing would ever happen in our lifetimes, but they might start adding crypto to their reserves rather than selling off gold. So 3.5 trillion I think is a good next goal which takes us to roughly 175,000 per btc.

This is assuming the government/media don't start supporting a new crypto that is backed by Gold or the full faith of the US government or god knows what people might believe in. But getting back the target of 175k, I say we need around 3 years to get it back to 20k, it will probably fall back again for some period, maybe 2 years, then mass adoption, recession etc could get it to 100k by 2030, and I'm not going to bother with an estimate for doubling that.

Could it go on a massive run and spike to 20k this year? Sure, who the heck knows. But to be sustainable it would have to be supported by something, maybe if a country or two adopted it as their national currency. Something radical and unforseen. I imagine some will naysay this, but an asset currently worth almost 100 billion increasing in value by 20 times in the next decade is actually insanely optimistic. Look at stocks that started off as penny stocks, they don't keep increasing in value exponentially year after year and although btc isn't a stock, there is a limit to how valuable it can be.