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481  Economy / Trading Discussion / Re: What is the Best Trading Strategy You Use for Cryptocurrency? on: June 28, 2017, 07:38:40 PM
there are plenty of supply of indicators. not all of them are that effective but if you use them all and conclude a concrete conclusion on where the trend will go. then you can have a great technical analysis.
Yes there are enough number of technical analysis tools and indicators but making use of them would be the challenge for any trader. I mean to say it will not be easier to find a concrete strategy by combining many indicators across different trading pairs. Some tools work perfect only for few trading assets.

I do trade using pivot point analysis which is working fine with all high volume based trading assets.
482  Economy / Trading Discussion / Re: What is emergency strategie? on: June 28, 2017, 06:57:21 PM
Could anyone explain me please?
You must ask a little bit more elaborated manner, like where you heard this emergency strategies or did you try googling it ?

Investopedia has some articles on emergency funds : http://www.investopedia.com/terms/e/emergency_fund.asp

From the terms "emergency"+"strategies", it sounds like PLAN-B :
In the case of negative market, I guess these strategies will be dealing on how to prevent more losses as per my understanding.

I usually will accept losses rather than looking for any plan-b. I do exit my positions at stop-loss. But some traders do try to recover those losses immediately and they do call those trades as plan-b. But I do not prefer them.
483  Economy / Trading Discussion / Re: How do you Panic? on: June 28, 2017, 03:24:46 PM
I panic very rarely as most of my investment is earned online so nothing from my pocket and I know that if I get less somewhere then I'll make more profit somewhere else. So no problem overall. I panicked in my learning phase but was using a demo account then.
It is a practice among many online entrepreneurs like they will never treat their online earning seriously compared to real time job. This may be due to they are earning online only in their spare time that is the reason they are not giving equal importance/ value for online earning.

But it seems it is a good practice as they are capable of maintaining their coolness when they are seeing their trading position is losing its value.

Obviously part time earning will be affordable to lose because you will be having regular job to take care of you and your family. When we are not trading with our committed money, we can hold our nerves so that we will never get panic.
484  Economy / Economics / Re: Bitcoin is Falling...Is it Panic Time? on: June 28, 2017, 11:57:59 AM
I knew the previous fall was just some accumulation of whales, and/or some successful ICO cashing out.  AFter some days of bitcoin dip, the price started to recover and now is somehow stable at the price before it crash.  Others believe that it is somehow a correction then will start to climb back after the correction for a higher base price and they are correct.  Bitcoin is now trading at 2600+ and somehow bullish because of the upcoming news.
Yeah, in the coming time, the price of bitcoin will soon return to $ 3,000 and the end of this year it may reach $ 4,000, this is the prediction of so many traders and investors. The collapse of bitcoin during this period is very normal, it needs to accumulate again to reach higher prices, many people do not know that and do not believe in bitcoin, they panic selling a lot of bitcoin. I think now is not the time of panic, this is a good time to earn more bitcoin and wait for a good future.
The correction, A lot of people are forgetting about that. The bitcoin comes with volatility that will have a lot of meaning. But those are feeling panic never remember about that, But you must be realistic if the bitcoin need a lot of support for touching the new ATh in the future.
This is something that really people forget about. It simply mean to be ready for any type of uncertain situation and honestly speaking the volatility of the bitcoins is something that differentiates it from the others. At the same time it is a reason for the loss and if you keep calm and buy more at that time you make it an opportunity for you.
485  Economy / Trading Discussion / Re: BUY high sell low ? on: June 27, 2017, 07:21:05 PM
That "buy high, sell low" thing is only works in theory. It's not valid in modern markets anymore. You can never predict a high or low for a coin vith this volatility.
You must understand buy high and sell low definitely lead to losses so there is no meaning of whether it will be working theoretically or not. Probably you are mistaken the shorting way of trading which is nothing but selling first and then buying.

Regardless of how volatile a market will be, it would be always a big challenge to predict exact high and low for a day. If we are capable of predicting at least either one, we can make unlimited profits from trading for sure.
486  Economy / Trading Discussion / Re: How to know about next pump? on: June 27, 2017, 05:31:42 PM
Nobody can really know the real next pump if you just ask me but you can make a technical analysis for it but there is no such 100 percent in trading.

If there is low there is a high to follow and vice versa. No one can really tell you that a pump coin will continue pumping and a dump coin will continue to be low, but one thing is for sure trust your instinct and as much as possible don't trade with your emotion even though it is so hard.
No one knows about the next pump or dump other than inside people and therefore cannot give a 100% prediction about it.

But there are so many experience people who are involve in bitcoin for a long time, they are studying the market continuously, getting information from different sources and then analyze the price and in the light of such analysis they predict about the price of bitcoin, and therefore for most of the time they give a very correct prediction about the price of bitcoin.
487  Economy / Gambling discussion / Re: Trading vs Gambling on: June 27, 2017, 04:27:35 PM
I think that trading is better as opposed to gambling because with trading you will always have something instead of nothing, even if its millions of a shit coin alt currency with gambling you can bet all your btc and lose it.
Trading and gambling are two very different fields I don’t feel it fair people comparing these two.
Gambling is a hobby it something for a fun sake while trading is seriously for money making. I think there will be a very low ratio of people gambling and want to earn with gambling otherwise most of the people gamble to spend some quality time.
488  Other / Archival / Re: Which one is more risky? Skill-based gambling or trading? on: June 26, 2017, 07:40:42 AM
Definitely the gambling risk is much higher even you have a skill or skill based games to play , It is better to apply a skill in a trade it may lessen the risk of losing plus it has a big more chance to inflate your bankroll through your Trading .
If you are concerned about risks, I like to say trading is also having same level of risks especially in high volatile market conditions. I mean to say if you are going to not consider gambling due to risk levels then you must not consider trading too. Because both are high risky regardless of how much skilled you are.

In many scenarios, trading and gambling are not having big differences. At the same time a perfect trader may not find good results in gambling. Gambling and trading are not same but both are not supporting making profits without risks but being lucky.
489  Economy / Service Announcements / Re: BMYBIT - PERSONAL AUTOMATED TRADING SYSTEM on: June 22, 2017, 08:23:27 PM
Right now your site is not loading and it is showing error of "404 Not Found". Those 100 free registrations were already reached or may I avail it. I am completely unable to access your site anyways to check there.

A system for buying and selling automatically is a thing of concern - will it be intelligent enough to bring profits for me ?
If your time permits, would like to see it in action in a video demonstration, which will help many people here to understand what really this is.
490  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Early Adopters Bitcoin Gift Cards Merchants Needed | Free $100 Token on: June 22, 2017, 08:04:39 PM
It's quite obvious the card is universal and can be redeemed anywhere I want. You should put up a list of the merchants and the commodities for which the card can be redeemed so that only those who need it will take it, otherwise you will have to giveaway lots of cards which will be never used Smiley
491  Economy / Service Announcements / Re: The first binary options broker on Cryptocurrency on: June 22, 2017, 07:00:17 PM
What would be the purpose to post the image url ?

If you want to promote your upcoming service, you should start an announcement thread with proper explantions and documentation and if you really want to spread the news, go for a signature campaign and other bounties like facebook, twitter, etc. campaigns so that your new services will get popularized in more quicker time.
492  Other / Off-topic / Re: Young people should go all in on bitcoin on: June 22, 2017, 06:42:11 PM
young people shouldn't go all in with bitcoin since they don't have enough experience on what to do with their bitcoins to be honest if they don;t have knowledge they don't know what they are doing and they will just waste their money for nothing it its like throwing money into garbage for no reason.
Maybe young people may not have enough knowledge about bitcoin and potential of bitcoins. But what will be the wrong if some experienced people will be guiding them to invest into bitcoin for their bright future.

I believe most of the times young people will not be taking a right decision at right times. But if some experienced portfolio managers should take time to guide those young people so that they will be investing into bitcoin kind of highly potential investment opportunities for a better future.
493  Economy / Speculation / Re: Bitcoin heading to $4,000 on: June 22, 2017, 06:18:21 PM
When a consensus is reached to solve the network problems, that's the way we're going. But I'm still confused about the miners choice for segwit2x. AFAIK,  it's not something the core devs consider the safest way
But I don't think those scalability issues are blocking bitcoin to reach $4000 prices because when those network problems get resolved we can expect bitcoin prices to reach at least $10,000 price levels.

I mean to say as per the current trend of bitcoin prices, we can be sure about bitcoin will be reaching $3500 and then $4000 price levels in coming weeks. Honestly we could not find the any big rally in the month of June and we may expect different trend from July month onward.
494  Economy / Economics / Re: Bitcoin trading strategy on: June 22, 2017, 05:47:15 PM
Bitcoin trading strategy is always the buy low and sell high this is the common bitcoin strategy that people doo but when it comes when the real profit it always have patient to wait for the price to be increase more or to be pumped that high you need to focus on trading and always see the graph to predict what will happens next.
I don't think a bitcoin strategy will be that easier like you are mentioning. Because just by watching some graph, it will not be possible to predict accurately that where will be the bitcoin prices making turns.

We must have many technical analysis tools so that we will be capable of predicting market movements accurately. Obviously buying low and selling high is the strategy every technical analysis tool will be focusing. But it will be possible only after many research and confirmations.
495  Economy / Economics / Re: Do you think billionaires invest in BTC? on: June 22, 2017, 04:16:54 PM
Billionaires are open minded so it is very obvious that they invested in bitcoin because bitcoin is one of the most searched in the google in terms of currency and because of that the billionaires might get attracted in bitcoin and they will just invest on it and hold it for at least 10 years because the billionaires are always into long term just what they do to their other investment.

I believe so, as billionaires could achieve their place through some research and investments intuition. And bitcoin is one of the way to doubled their capital, so that bitcoin could pump so fast due to their funds flow in and then drop back if they cash out, I believe they are what we called whales. Grin At least, billion of dollars flow in and out through cryptocurrencies world, and it should be come from some billionaires that  make the calls.
But there are a lot of stocks opportunities with trillion market cap which are obvious options for those billionaires. I mean to say it would be hard for those billionaires to consider bitcoin for their investment to double their money.

Because in their view bitcoin is still small venture in terms of total market cap. But there will be some exceptions some other people who will be liking to take more risk might be investing into bitcoin these days.
496  Economy / Economics / Re: How to TAX Bitcoin. An easy way ! on: June 22, 2017, 03:25:41 PM

Taxes would have to be done at the sale level and that means that it will fall on the businesses.  Income through Bitcoin will have to fall to what a person is willing to report and what the IRS will track down.

There are countries where governments are into plan to impose taxes only for organisations and business like they will be removing tax structure from individual person's income. I believe with this kind of taxation structure, it will be possible to impose taxes on bitcoins. Still bitcoin is not from any central authority so that they will be reporting your holding and your address/wallet information. Hence only volunteer submission of how many bitcoin holding one person is having is the only way to tax which cannot be reliable all the times.
497  Economy / Gambling discussion / Re: How to Win using martingale system? on: June 22, 2017, 03:00:23 PM
Martingale? I haven't used this one but base on the people who have experience on using this strategy.
They said that at first it's working but in the end it's totally useless.
But also there are some that his strategy is quite working but majority, it isn't working.
This strategy also works based on luck. Actually, it will work, but if you use this strategy, you need more money in your bankroll. Becasue we don't know where we will get our win once we started to hit loss. Sometimes our bad luck we get continues loss in this movement this strategy will fail, and we lose all money within few minutes. This strategy works but too risky you should ready to take the risk then use it.
I don't think it will be right to call martingale strategy is also luck-based one. Because in one-to-one gambling, you can find out the real advantage of using martingale strategy. In my experience whenever I am going for martingale just for only one or maximum two or three times, it is working for me to get profits.

But when we are keep on trying, martingale strategy will be having no difference from some other strategies at the and you will lose everything in the typical dicing gambling environment.
498  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: June 22, 2017, 02:40:36 PM
I have never been shameful. In my country, gambling is for everybody but it is not recommed.
But i still have to hide it with my parent becuase they hate it, they never allow me to gamble.
Hope oneday they will see it's advantage.
I am afraid you may not find chances to prove yourself as an advantage of having gambling. Some culture and some religions are completely prohibiting gambling for many proven reasons. You cannot blame a tradition which are being followed for thousands of years. By experience I am realizing why they are not allowing us to gamble.

I am suggesting you to follow the guidelines which are being provided by your parents because other than them no one will be caring you the most. So, they must be doing right things for your better future, just listen to them always.
499  Economy / Gambling discussion / Re: Favorite type of gambling? on: June 22, 2017, 01:22:40 PM
My favorite type of gambling is betting on sport games like basketball because when you bet on sports you can sometimes distinguish which team or player has the ability or favor to win. On that you can be more confident on betting and have greater percentage of winning.
I also like sports betting but the house edge is terribly big and hence I prefer dice and roulette which have a edge like 1-2% and the results are fair.

In real life, I love playing lottery called as matka here where we choose a number and the next day's morning the winning number is announced. Why I love that is because the crazy we have overnight is really crazy, when we win the whole day becomes good.
500  Economy / Gambling discussion / Re: can gambling give you lessons in life? on: June 22, 2017, 11:36:38 AM
Yes, the best lesson you learned from gambling is to be satisfied with what you earned and that your luck is the one who gives you a chance to win a lot.
Yes you are right, gambling teaches us to always be grateful for what we have, and do not too often want more. Sometimes we have trouble controlling ourselves when we want something more than what we have. Self-control difficulties always lead us to bad things.

Well, basically we should be grateful for what we have. Gambling is not actually giving us a lesson to remain thankful, but instead gives us a lesson to keep striving in every thing we got. If we don't get a victory right now so we should be confident and believe that later on we will get a huge profit, and it must be believed and always work hard. Gambling has only a simple formula that is self control
 

Do not do that, do not think that way. That's exactly how you lose your self-control and gamble until you lose everything. Gamlbing is not some job where the more you work the more you get from it, gambling works as the opposite in most cases.
Moreover gambling should be considered as your training institution where we can learn lots of life's most essential skills and characteristics. But if we want to use of those skills within gambling then we will never find success there. We can learn but we cannot apply those knowledge there itself.

Before gambling I'm sure I do not have this much confident on anything could be achieved. Now a  days, I'm having more self control just because of lots of training and drills with gambling.
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