To become a better Trader, make good research and carry out your feasibility study well, especially on the coins to trade with. Just be strong and be courageous enough to take good risk and prepare yourself for sudden failure. Because there is never a prominent business without its other side or challenges.
Becoming a trader doesn't mean random buy and sell orders while trading digital assets. It means having the wide knowledge of crypto and acting accordingly. It's been a hard task for most of us nowadays. It would be a wise statement to use that the trading is a game of mind. You have to decide when to invest when to hold on to your shares and when to cash out your shares. These all things are mostly a result of the field experience u gain while practically working, they can’t be just learned sitting in the classes and having lectures about finance and economics. The point you have to be willing to test your abilities if you want to be a trader. Go through experiences till the time you are mature enough to make a decision that won’t lead you towards loss or failure. |
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everything is possible. We all see how bitcoin is growing rapidly and falling even faster, but I do not think we'll see $ 100,000 this year! But I believe that the price will be such
When it comes to bitcoin, even the experts fail to predict its performance. This is the reason why everyone admires bitcoin and why it has more investor than any other digital currency. It can make a person millionaire within months. Bitcoin is in its dump phase and if someone buys 5 bitcoin, he will be a millionaire after a year at most. There are many other ways to accomplish this achievement but none is as easy and simple as buying bitcoin and holding it. |
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Do you ever feel like you're overly obsessed with cryptocurrencies or trading/investing in general?
Yes, I can feel that too. For me, it's like gambling sometimes. I wake up in the morning and first thing I do - I take my laptop and immediately go through the news I may have missed during sleep and check all the important coins price charts. I think it may be called addiction... But the best thing about this gambling is- there are more chances of winning then losing and it is also possible to recover one’s loss. Such sort of addictions are actually good for health and wealth both. If you ask me, it is your passion and devotion which deserves to be praised. One must love his work and give his best or it is not worth spending time there. Keep on doing good work but never at the cost of your health and sleep. |
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Hello everyone
Crypto markets are currently under huge downtrend after a glorious 2017 ear. Some of you consider that it's a healthy correction but others don't think so.
Bad news never stop coming since a while talking about an eventual crypto ban from Asian authorities.What do you think about crypto world ? Is it still meriting the worth to invest into
crypto currencies ?
All I know is that after massive dip then there will be coming great rise, I'm sure of that no doubts because I know and I believe that soon btc will recover. There is always a huge profit after a huge loss. Like it is often said, after a darkness it comes a bright day. The more it is dark the more it will be bright next morning. Same is the case with bitcoins, like now, they had a strong dip of almost one month so there will be huge impact, a positive one, on it while they will be rehabilitant. So we are hopeful for bitcoins to show such classy price now. |
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Trade with lower quantum and increase gradually
This is one of the best advice's experts give to general public. And this is so valid. Believe me when people start trading they want to get so much money in such a short span of time. Like they want money after blink of their eyes once. But this approach always give them loss. Reason is, they don’t know anything about practical working in start and if they are investing handsome amount, they will definite loss it. |
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Im conducting a school research about economy and I chose to talk about bitcoin. The subject is how does bitcoin affect the world's economy? does it do well to it because it stops inflation as the amount of it is limited? or does it harm it ?
There is impact of currencies or things on the national economy only if they are contributing to the taxes. The tax is the only way to get money from the investors or businesses or even people like us which later on can be used for the national development. If that’s the case then we can use it for the purpose of affecting the worlds economy. Even that won’t affect the whole world because every country is having their own regulations and ways of taxing limits. So it would be up and down amount everywhere. But his is really vast area and I belive you need to have broad study to understand the after effects. I think bitcoin has a direct relation on the economy of a country, as to seeing one side of it if it’s taxed the government gets benefit hence the economy boosts. On the other hand if more and more people are employed earning a handsome amount of money, the rate of unemployment decrease, the financial condition gets better and ultimately the economy of a country stands good. However the governments the very keen towards formulating a policy regarding the bitcoin that will be in the favor of the government also. |
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Its the only option that we got in this dip.I agree that we should sale when the dip starts but not everyone gets to know when is this starting.Some who are relatively new can't predict whether it is a dip or not.And this hold option is only for those who gets trapped in this crash and panics.As they are already in loss and if they sell their stakes in crash than that would completely stupid that's why people tell them to hold.
In my opinion the days of waiting are over now, the decline will no longer be there. The reason why everybody suggest to hold is just that we have a strong believe that its price is going to increase again and the one with the element of patience will only be rewarded because he was the one who had the patience to wait for the prices to go up, because there are many cases where people just sold all of whatever they had just because they were reluctant to wait or they get panicked looking at the prices. |
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hopefully it does not really happen if bitcoin will reach $ 5000 price even I can not imagine what will happen. and the good news is that prices are now climbing back up and hopefully it will continue.
There are chances that the market value of bitcoin may fall down below 5k $ by the end of this month but on the other hand, there are likely chances of the market value to increase high as well and this is what I think will happen in the days to come. It has been a long time the market value is falling down, now it will pump and will pump high in next few days. Things will change and will change in the positive way. |
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I think that it's a good time to buy Bitcoin especially during this sideways movement.. Be wary if it breaks support though, I would always be on a lookout.
I think that the present moment is not the right time for us to buy bitcoin anymore. We can see in the past few days bitcoin prices have fallen sharply because the bad news coming from countries like Korea and China has had a huge impact on the market. That has made bitcoin prices drop sharply in the past, but at the moment bitcoin prices have started to rise again but the strength is not strong. That shows the market is very volatile and you have to follow market information before making a decision. If you have this much believe on bitcoin that it will recover in the near future and that you will be able to control your nerves no matter what the conditions will be, I must say that this is the right time to buy some good number of bitcoins and after doing that, put all your coins in your wallet for as long period of time as long as you can. Bitcoin will soon recover and it will definitely help you in having more profit. |
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Daytrading can bring you big profits, if you are skilled, but - actually - it's very addicting, and there is the risk to neglect family, friends and health just to stay all the day in front of some charts!
Btw, if you can discipline yourself, it's the best way to profit from trading.
Day trading is quite a tricky thing to do and this is quite a normal thing that not all of us are this much experienced and skillful to make out more money by doing so. If you don’t like day trading, then there is nothing to be worried about. Still you can make some very good amount of money by going for long term investment of money and that will for sure help you in generating of more money. |
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I believe that if bitcoin survived this year and the years to come with still a considerable value, bitcoin would hold the potential to change the nature of currencies for a very long time. Bitcoin can change the future of currency and be able to either replace conventional currency or at the very least give way to developing a better version of cryptocurrency.
Yeah bitcoin will go very far and as since 2009 bitcoin has survived through many fierce times and still it Is progressing and same will happen in future also because people are now adopting more and more bitcoin daily and now it acceptance is started at regional level & when all regions will accept it then there will be only one currency moto from bitcoin users and this will be beneficial for us and whole mankind and the ending time of bitcoin is infinity so don’t worry about its future simply go for your piece of profit. |
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There are so many people who are saying bitcoin is just a bubble, people should never invest in it, but I believe some of the experts who called bitcoin is just a bubble did actually bought bitcoins whenever there is a huge dip in price, in fact, I am guessing they are spreading this FUD in order to buy bitcoin at a discount rate.
This is what haters do. Spread FUDs and FOMOs about bitcoin. Bitcoin is the future of money and bubbles can’t be the future of anything. If bitcoin was a fraud then why has it not betrayed it holders yet.For understanding the future of bitcoin, first it is important to get an idea of what future digital market itself holds. The total market cap is somewhere around 6 to 7 billion dollars and it is expected to touch 1 trillion soon. So no famous crypto currency is fraud or bubble. Bitcoin will remain forever. |
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Friends do you think whether the bitcoin of the $ 100,000 course in 2018 will reach. I ask your opinion to justify why you think so. My answer is, yes, I think that bitcoin will be worth or at least will affect this price, because the crypt is now in the growth phase, technology blockchain will be introduced everywhere in different industries.
I think that with the current difficulties, the bitcoin increase to $ 100,000 at the end of 2018 is impossible. Can be seen from the beginning of 2018 to the present time bitcoin prices have dropped to over 70% of the value and only $ 6000. This shows that the market is extremely volatile and unpredictable. We can not know what is ahead of us. I would not say it is impossible for bitcoin to touch 100k dollars because it is the most unpredictable, most volatile and most potential coin on the face of our planet. Within a month it can grow up to 10k dollars or more and we have seen it doing this already. There are still 10 more months before 2018 ends. Bitcoin is capable of doing anything, anything. That is why the only thing bitcoin investors should keep in their mind is its bright future. |
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The main reason for this bitcoin price is the manipulation of the crypto currency market. Please note that negative news about bitcoin has ended. So the manipulators have finished pouring this news. Now we see only positive news. And the prices in the market have risen a little. Draw conclusions.
This is true that the digital market is manipulated by some powerful things. Most of the times, this is how dips happen. First, the big investors also known as the big whales make a move. If they stop investing in a certain coin or sell it out at high price, they earn millions of dollars and the market goes down. Once this happens, media enters into the scene. There comes a flood of bad news (which are mostly fake) scaring small investors, making the coin suffer more. This is what happens with bitcoin but soon it will rise up again. |
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As a newbie you should better learn as much as you can about the market. Trading is a very serious business to start it without this knowledge. I would also like to suggest going for altcoins trading first because that can be very handy in picking up the important factors and strategies of trading. Without facing a great loss, a person can learn a lot about the nature of digital currencies and how to deal with different situations. But for real earnings, bitcoin trading is the right choice. After all crypto world is full of surprises or you can say fluctuations. There will be times when things will go against expectations. Patience and trust would be a help during that. |
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I do like crypto coin in such profit, its helps my financial assistance. You can invest this like of coins as one of a currencies in the future.
There will be hardly any person who is there in the world of crypto currency and still he does not like crypto currencies as this is one of the best thig one can have in his life. In addition to this, investing in crypto is also one of the easiest way of making more amount of money and that too in less period of time. I am very much thankful to all the crypto currencies as because of them, I have got an opportunity of having a better living. |
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If you are not good at TA, simply just HODL. What are these factors caused the price bitcoin is very easy to volatile? How do we as treaders overcome an unstable bitcoin price loss?  Reading and getting more information about the things which are related to that of bitcoin as well as that of crypto currency will help you more learned mind and later on, you will be able to make better decision using that knowledge in the best possible way. Other than this, you also need to seek guidance from the ones who are there in this field since a long time as they have more experience. |
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you can't understand until you do that. Every year price of major Crypto Currency increasing rapidly. New investor coming so it's very easy to understand it if you hold you will get decent profit. But choice is yours.
We have heard from many people about holding onto the bitcoin in the crucial times just like the time we are just facing, the prices are low, business is down. At this time all we have to do is to hold on and show patience. It is a convention of every business that you wait for the right time to sell out your shares and obviously that right time is when you the prices are high comparative to the prices when you invested. Now exactly is the same situation, we should wait for the prices to go up and believe that it will happen and things will work for us. |
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It would be a terrible thing if the Bitcoin pattern is the same as in 2013-2015, it could be the end of 2018 is only about 4000 $ -6000 $, as I think if it might happen? Let's look at the pattern in 2013-2015 below:  and this is the pattern from 2016 to the present:  What if it really happened, give your opinion?  I was really worried and wondered if that could happen as soon as bitcoin just yesterday had a big correction and fell below. We can only live within 4 weeks and have had such a huge drop. I was worried that the bitcoin bubble was starting to break. Bad news from the bans from China, South Korea and India has left the market losing a large number of investors and causing the market to go down. Right now, things are very much against the bitcoin and the ones who are investing their money into bitcoin as with each passing day, the market value of the bitcoin is decreasing thus creating more panic situation for the ones who are holding their bitcoin. Bitcoin is volatile and its market value keep on fluctuating, so we need to hope for the best as this is just not then end of everything. |
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For me of course how to trade and how to do it good. but the thing that will change you trading experience if you control your emotions. because if not you will be scared mad when trading which can affect dramatically in you trades.
A calm mind is the key to success in this risky profession of trading because it enables a person to take right decision on right time, which is all that trader needs to do. It is not possible to avoid failure forever which means there will be a time when loss will occur. The bad effect is many give up after coming across this situation and sell out their coins. That is why it is said over and over again to show patience while crypto trading. |
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