Good day as I am new to the crypto world What is really the way to make $ in in crypto ? such as Bitcoin or other coins?
I understand as i have some invested. in my wallets the values go up and down, so you can cash out or sell when value up?
do you just buy and sell currency as the markets move up and down? or what other ways to make $ with crypto?
do you transfer bitcoin over to other websites etc?
or what should i be focusing on? thanks
just like to know what all the experts do?
Do you mean how to make money from crypto? many ways to make money from Crypto include: - doing altcoin trading - follow ICO campaign - mining some crypto coins We all know these methods but the main thing for the newcomer to adopt any of these method is to grasp complete knowledge of any of these method. Once we know have full knowledge of these methods, then for sure they can be a real profitable but going after them without getting any knowledge will make you only lose money and nothing else. |
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Most and popular way is holding. As everyone know Crypto currencies are volatile you can buy some bitcoins at low price and hold them for long. I don't suggest you to do trade. Its better to start with holding. Many newbies lost there money in trade because they always start with it. You need high experience to start trade with bitcoins.
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I tried withdrawing with etherdelta but it says that I don't have the required balance.
I saw the chat and lots of people are experiencing this issue.
Someone knows what's happening ? Are they gone ?
No i do not think that Etherdelta can scam. They are already earning million of dollars monthly and they just will don't want to run away with the balances and fortified that monthly incomes. These days sometime network is congested and it takes a lot of time for site to respond. They might be in maintenance mode but they should inform their customers of any such situation. |
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I don`t mind no one answered my question but BTC fallout obviously affects BTW too.  Bought at 0,88 Bitcoin White can very easily go to 5$. As we have seen it almost reached 1 $ in a day. The reason for current downfall is the bitcoin price fall and all the alts are down. I suggest to wait for some days, maybe a week and then come back here you will see prices begin to recover again. The Worst you can do is to sell in loss today ... |
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Maybe, but for me bitcoin will regain its value and grow extensively around the world. Keep on believing and earning bitcoins, be optimistic.... This CURRENCY will not end instead it will grow much bigger and much brighter for us.
Exactly True. What people forget here is that bitcoin cant go in one upward directions. There are times of Dip and dump and these days we have few bad fuds and thats what making people to wonder. I advise people to be patient as this decrease in prices will not always remain as it is and very soon we will again see pump in prices. |
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We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model. How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  And how do you see it's future? There's some sites who accept bitcoin as payment method. I heard there's some schools and restaurant who accept bitcoin but all are in abroad like in Australia and In America Since i am not belongs to these countries so i have never use my bitcoins to pay there. I always convert my bitcoins in fiat before actually using it. About the future people need to aware about it first , about 1% of population know about bitcoins and as many people knows and start using the bitcoins we shall see more growth in this. |
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According to different Statistics the Future of this virtual currency is so much brighter than others currency and people will find very easy to deal with every thing through bitcoin. some Reasons are really very fruitful for economical development such as
1.In future buying bitcoin is more easier than past condition ad people can complete so many task very easily.
2.most of company use bitcoin as a local currency that helps to regulate bitcoin like regular currency and more company will interest for using this currency(bitcoin)
3.international client are more visible if this currency will use globally.
4.in future if government use the protocol then cyrpto-currency will protected and people feel safe for using this currency.
I am not fully agree with your last point. I don't think government let people use bitcoin with freedom. There's no way to track any transaction and that's why government willing their people not to use btc as they cant trace crimes and also they know people won't pay tax if they use bitcoins. It might only be possible if government support bitcoins and makes some way to track bitcoin transactions which is against the protocol of bitcoins. |
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So 2017 proved to be the best for the bitcoin till now but still the great Officials of many companies are busy in predicting the greater roadmap of btc in 2018 and so on so will it be possible for bitcoin to go more and more high ?
I believe it will be profitable in 2018 also. It will break the records like it did in 2017. All we want just some more big investors and peoples to involve with bitcoins. But don't forgot about some fork and governments ban which goes side by side .Its true 2017 was the year where the bitcoin's value increase to a high record, but governments and some haters also take part on it and tried but failed to damage the price. |
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I will surely give my bitcoin for the ones who really need financial support. Helping others is better than helping yourself to fulfill your own satisfaction.
You are right but I think people won't donate. Since the fee is high enough that can't be afford. You're donating 5$ but the fee applied is 10$. I will humbly accept and donate poor only if the fee getting low. Its good and nobal deed to donate for poor but when it come to fee people become greedy and leave their interest to donate. |
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So it is the Holiday season and it was Xmas. How many people dived into their Bitcoin hoard to buy Xmas gifts and also paid for a nice holiday with their family?
We saw a huge increase in the price, early in the season and this might have triggered a situation where people rewarded themselves with some "Gifts" for the holiday season.
The direct impact of that would have been a higher influx of coins onto the exchanges and if that was not met with a higher demand for coins, then it would explain the drop in the price.
Did you splash out with some expensive gifts and extravagant holidays with your bitcoins, during the holiday season?
Selling bitcoin decrease the demand so i believe Xmas and holiday seasons caused the drop of price. Before Christmas the price was normal and touching almost 20k when the event come near bitcoin start drooping. I believe people start selling it to buy some gifts to there relatives. But now after new year, bitcoin is back on track and we are again now moving towards 20K and even more in the coming days. |
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Bitcointalk Username: virasog
Starting Post Count: 1376
Bitcoin White Address: 11864454500217981269
I would like to join. Thanks
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I will like to join . Please let me know .
Thanks
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Bitcointalk Username: virasog
Position to Apply: Hero member
Your Current Post Count: 1374
Wearing Appropriate Signature: YES
BTC Wallet address: 1KTVMyNnwEBJudgLsNKAQuYzmKtbi2chTs
ETH Wallet address: 0xe34F78c4D1239272A44D728bF4893e935412408b
Please add me. Thanks
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If I were you, I would honestly keep my job because it is a stable source of income, and use Bitcoin to make a profit on the side.
And it is a right decision as you said. I also never suggest him to quit his job and only do trading in bitcoin. I also do job and use bitcoin for investment and trading, that's why i am not agree on it that he left his job. Job is real source of income and in it, we can earn double income, like now we do job and use bitcoin for over time. |
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But i have no fear and worried about bitcoin future, because now if i have enough money then bitcoin has a great roll in it. Then why we take tension about unpredictable issues, Be happy and do trading with bitcoin. I aware you in future bitcoin has a bright future and in bitcoin future we all have a bright future.
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based on their research, regulators realize that what is needed is not the strict regulation that governs Bitcoin, but rather the dissemination of Bitcoin-related education in a larger degree.
Bitcoin cannot be regulated as a whole as it is not in anybody control. What a government and other financial institutions can control is the things like they can put tax on cashing out bitcoins in local exchanges. Regulate the exchanges who want to deal with bitcoin to Fiat conversions etc. Other than this it is not possible to control the existence and transactions of bitcoins. |
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There lies the problem where it's easier to get richer by just sitting on the assets than risking them investing. The glass only holds so much water in this kind of system and it starts losing moisture before it gets entirely filled.
Every one cannot take the same risk depending upon their condition. At present the rate might go little up and may fall back it seems. So better to buy little so that when it falls back you can buy more and then hold the btc . Or else people are now buying and as the price moves up are selling and making decent profits too. Just listen one thing that it is not easy to "hold and get profits" OR "Buy Low Sell high ". Most of the time when we buy or hold the price moves downwards and then the panic situation comes in and we cash out in loss. There are a lot of factors here and we should be careful of what we need and make the plan of it accordingly and change it on situation to situation basis. |
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Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC
Yes people do that. They buy with their real life money even if the price of them increase much higher. If they will be sure that the price of them will increase then they will buy by selling their property or they will invest a smaller amount of money from their salary and from the other sources of their income. Ofcourse the only way to buy bitcoin is from the real money. I do not understand what is real life money and how it is different from normal money ?  All the money is real and you need to spend the money in order to buy bitcoins. There is no other way around. Even if you sell your property, you will get money which you will indulge in bitcoins or altcoins. |
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Bitcointalk username virasog
Rank Hero Member
Current post count (including this one) 1402
BTC Address 1KTVMyNnwEBJudgLsNKAQuYzmKtbi2chTs
Wear appropriate signature Yes
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