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.
Well if you will just wait you will be late, bitcoin price is increasing more each day. If you will wait for it to drop, you would have to keep an eye and wait for the hard fork next year. Bitcoin price usually drops after the hard fork. Bitcoin price is volatile and it is really hard to speculate. You should make your own judgement as to when to invest bitcoin. Investment is risky, that is why you should decide on your own when investing. There is no doubt that on daily basis, bitcoin users are increasing and people are investing bigger amounts into bitcoin now after witnessing the amazing tendency of bitcoin to increase in prices over short time. The progress of bitcoin in the very year is enough to attract anyone for investing into bitcoin. Bitcoin is at present at the stage where there is no good or bad time for investing into bitcoin, just keep investing. |
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Recently MONACO country banned Bitcoin and Venezuela and Bangladesh and Nepal are in banned list of Bitcoin and Cryptocurrencies even minning and trading and exchange are also banned in these country
Even though those countries you mentioned seem to have really low market capitalization of local exchanges there or even none of them have official cryptocurrency exchangers, it's still a bad news though. maybe they see the big bitcoin market cap and starting to afraid that people could move their investment to the bitcoin. does make sense TBH I really feel sorry for these countries for banning bitcoin. They think they are harming bitcoin by banning it but unfortunately they are wrong about this. They are doing injustice to their public by doing so. Their people are unable to enjoy the perks of bitcoin just like those citizens where bitcoin is legal for public use. People are earning their livelihood just because of this amazing currency and such invention should be adopted by developing countries at any cost. |
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Everything depends on what goal you pursue. Short-term or Long-term.
Long-term invest anytime.
Short-term i think on the decline and buy in batches.
Very well explained! Indeed it totally depends on investor that what kind of plans he is having with bitcoin. If one wants some big profit and is having good control over emotions, the best for him for making massive profit with bitcoin is to hold it and for this purpose he can buy biotin any time at any price because bitcoin keeps increasing in value with time whereas for quick profit, buy bitcoin during dumps. |
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It depends on how much savings I have. I would invest 80% in bitcoin, the rest in gold. Since bitcoin is currently growing well.
Bitcoin and gold, both have their own places and uses. When it comes to earning large profits in a small period of time or making huge transaction across the world within seconds at a cheap rate, nothing can be better than bitcoin. If someone wants to make jewelry, then definitely he will go for gold but here everyone is interested in earning profits, so bitcoin wins this competition without breaking any sweat for sure. |
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Hello all,
I am starting to day-trade on the crypto market and I was wondering what was your strategy?
For now I am just starting, I use MA, S/R levels, Fibs and RSI mainly.
What about you?
I am also newbie about this day trading. So this is great topic you did. Will going to make some readings about their advices and I think it wil help me a lot. If you already done long term trading then it is a good idea to switch to day trading but in case you have no experience of trading then I suggest you going for the first one. You will not face a lot of loss and learn about many things in much better and clear way. The most important thing is to understand the nature of crypto currencies and the factors that cause fluctuations in the digital market. You will also learn how to tackle different situation. One piece of advice, train your brain to stay calm under all sort of situations. |
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On an economical point of view Bitcoin Cash is a bubble and so as Bitcoin, a bubble is defined to being an overpriced asset in which it is far away from its real value. The problem with Bitcoin or BCH in this matter is that we don't really know what is the real fair market value for it as we are the only once who are determining the price of Bitcoin. The price of them is so played out that their is no stable price for them. That is why not all people are buying Bitcoin because it is hard to set a foot on.
I agree. It is hard to determine a fair market value. At this point with rather limited use of crypto, one can only estimate the fair value of banks and other financial institutions that crypto can destroy. Think about the market cap of banks today and the future marketcap of the same banks if bitcoin or any other group of cryptos take over 10% of the global financial transactions and store of wealth. This to be destroyed financial services market cap might be the base for the valuation of crypto. This is going to happen very soon. Crypto currencies are going to take over the world and the banks will definitely demolish away. Well there is a chance that banks will start accepting Bitcoin and altcoins which is already happened in few parts of the world and that way I think everything will remain the same and we will just have money in digital form. Anyways one thing is certain that Bitcoin is not bubble and it is not going to die. |
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I simply earnings-out a number of my generting nd shw it to my post in fb and share to my pals so they can ask on me on how do you have it, and then I share them my understanding of bitcoin so they can make to.aao
Exactly, They actually don’t know about this concept of bitcoin and we need to make them aware of this concept of bitcoin. It is because of the reason that if they will not be knowing about bitcoin, then how they will be able to use bitcoin or will start accepting bitcoin. Moreover, we also need to tell them the advantages of keeping bitcoin as this will motivate them to go for bitcoin. |
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Buy low and sell high would be correct to all new trader. The key to not repeat this mistake is learn how to control your emotion.
It all depends on the condition through which you are going through. It is a general principal that most of us follows in order to have better profit. Buying the bitcoins at low price and then selling them at higher rates will for sure help you in earning of more money. The thing is you cannot follow the very same lines every time you go for trading. There are certain occasions when you have to sell your coins at lower rates as well. Buying on high price and selling on low price is totally a foolish thing. I think that nobody will do this because nobody invests for losing his money. Everyone is here for making more and more money through his investment in bitcoin. Rather the needs you face in different conditions in life. If you do not have any financial hurdles then hold them besides selling on low price and lose your investment. The only way to make it possible is to not panic and if there is a decline in the price then simply forget about everything, stop checking the market changes every day and come back after giving yourself a break. If invested in bitcoin then definitely there will be an improvement in the situation. Also never sell out your asset in amount less than the one in which you bought it. This is the way of avoiding loss. What do you say? |
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For me maybe your self are looking for it again so youre still coming back to do it and then when you say i'll stop then one day youre looking for it again so dont say if you cant do.
Whatever a person that does is totally his own choice. If someone comes back for playing gambling then it is his free decision Animals have the courage to take responsibility of over or actions without blaming anything. Coming up with excuses like it is not possible to control the urge for. Playing bets is just indication of how weak someone is in his determination. I also think that a person can do whatever he wants to and nobody can stop him. |
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I think it is.
Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.
Thoughts? Anyone seriously disagree with this conclusion?
I think bitcoin will not be meati or destroyed, bitcoin technology answers the financial future in the future, by creating technology of payment with digital currency can be more efficient and more secure in the future bitcoin very useful. then it is not possible if bitcoin will die. If Bitcoin was to die ever it would have already happened. Bitcoin has gone through very tough times and it has not only survived but also increased in its value under all types of situations. This is reality, the future of money lies in crypto currencies. We all know the best among crypto coins is bitcoin which is also a benchmark for alternative Coin. Plus, the world is in great need of saving forests which will also help in controlling global warming. |
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No trading isn't a sport, it is a very serious comany n whch a minor error will make you lost i lot of money which is a really difficult move to make, and so i do not observe that like a game, when some thing can make cash I usually serious rather than believed it as being a gamepia
I agree with you and I came across great minds in this thread. I loved to read about different people showing different thinking regarding same topic. This broadens the vision of The Reader. I don't consider trading again there is nothing wrong in enjoying whatever you do. If a trader does his job with fun then actually he will be more productive and successful in his career. This is what I have learnt from my life. Yes of course, i see trading as fun and games this because you are interested a lot. Seeing those tokens that having in progress and continuesly your give up until you can decide to sell it or trade. Funs and games are mostly combined series when starting trading or selling. Trading is indeed a proper profession and you need to work hard to excel in this field. Trading demands sound knowledge about the coins you want to work with. You need to know how to read those complicated graphs and how to infer the information that is useful for you form these graphs. I am pretty sure that successful traders have burned midnight oils to make large money with this profession. |
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Yes, the mere fact that bitcoin is not govern by government and decentralized it has a big chance to used for corruption.Because no one exactly knows who are the people behind bitcoin. You cannot sue them easily because you dont know their identity.
Yes, Corruption is not related to any currency or valuable asset rather it is highly related to the users and human beings. Bitcoin is just like other currencies like paper money but the thing is that people are always searching for the methods they can misuse this currency or any other one. Indeed human greed and evil mind are the fundamental reasons for the high rate of corruption in society. |
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Hello I'm newbie here.pls anyone can tell me what is the difference of bitcoin in altcoins.
There are lot of similarities and dissimilarities amongst them. First thing which is common in both of them is that both are crypto currencies. Other than this, you can use either of them for having a very good amount of earnings. As far as dissimilarities are concerned, the basic difference in between both of them is that you use bitcoin for long term investment while altcoin is primarily used only for day trading and short term investment. |
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no one can negate advantages of BTC in payment. I think big companies will slowly accept it to follow the trend but in their way for more convenient.
It is good to hear that amazon has started accepting bitcoin as their payments. By this way more big and small companies will also start accepting bitcoin from all over the world and the customers will be relaxed with their payments systems through bitcoin. I really appreciate this action of amazon and am looking forward to other companies to accept bitcoin as their payments. |
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I think bitcoin is better because with transactions that can be done wherever and whenever but that when there is internet network. but if cash is only possible in each country and here there are restrictions on usage. so bitcoin is better than cash
I think both have no comparison, each is good in its own way. Yes the bitcoin is available on internet and can be opened using a stable connection, but cash is much more needed than bitcoin in this era because we buy our daily life necessities using cash, very few of sites or shops are ready to accept payment in bitcoin so we have to wait a bit more for bitcoin to replace the cash or other regular currencies |
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UFR token is a ERC20 token which means that if it is available for trading then it should have been available on Etherdelta. It is not available on Etherdelta yet which means it is not available for trading yet. Contact the ICO manager and ask him whether the coin is available for trading or not and if yes then where. There is a thread here on bitcointalk, you can ask here. https://bitcointalk.org/index.php?topic=2223828.0For now, I am only using Etherdelta as a trading website. Etherdelta has security for DDOS attacks which makes them secure and you won’t be scared to keep it on your bookmark in your browser. There are lots of trading website like Bittrex, Bittrex will only let you access your account if you only confirm it in your email which is also really secure because only you can access your email. Other trading websites include HitBTC, CoinExchange and Poloniex. |
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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 $7000+ and we are getting close to the next fork in mid-nov. DO YOU GUYS ADVICE I BUY BACK BTC AT THIS CURRENT PRICE OR WAIT for a possible drop in price?
I think BTC is very easily predicted currency as we can see its large increasing graph and it is still increasing so we can say that bitcoin investment will give a person a good amount of profit one day. For now, it is very risky to sell to because earning btc should be concentrated now because bitcoin price will not fall but it will keep on increasing every day as its users increases day by day. |
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I used to learn trading from the internet and this forum to get my profits follow my beliefs and experiences in added with advice from friends who are already master in trading
Definitely you only can’t go for better progress rather you must need someone at any time who can guide you in better way. This guidance can be taken from any expect trader friend or any casual trader will work also. Read some articles about bitcoin trading and what this world is all about. Go through this forum as this will give you an overview of what is everything in crypto world. |
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Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
Oh i suggest not to put all your money into it why? This is not to discourage you but just to remind you that you might loose your money in no time, because we do not know how people will going to hold if the price increases. So I suggest not to put all your money into it and keep your money only in one coin for now and that is the Bitcoin. Yeah putting all your money into one investment is really not an ideal thing because you might face bigger risk when you do this. It is right to diversify your portfolio but don't do that in one time big time. Investing is really good but you must consider the risk when you invest, so expect to incur some losses but always be optimistic. In business things, you always have to go for the option that involves less risk. Same case here in trading of bitcoins, when you are encountered with such options, you must choose wisely which one so less risky and go for that one. Putting all your money in one trade or putting different portions of investments in different earning sources, I must go for the second one as it is less risky. |
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For me the largest risk of holding a bitcoin is that the posibility to free all of your cash. You ought to have an idea about bitcoin like how it works before investing on it.
Its true, and go all in is not advisable in every investment not just in btc. For me the risk of holding bitcoin is not having an assurance that your investment will turn out good, because many possibility might happen like the price decrease and currently its happening because of the cancellation of S2x. I really don’t think so that there is any risk of holding of bitcoin. In fact, the thing which can help you the most is holding of bitcoins and that too for quite a long period of time. There are number of investors who are only investing in bitcoin just because of long term investment. There will be a risk of holding if you are not good at keeping control over your nerves and that too at the time when the prices are falling down. |
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