I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?
Well i have lost some amount at first when i am a beginner in cryptocurrency,maybe three times failure from the trading and ico participating in which taken me almost a thousand bucks,but when I learned the basic then it started all the luck and gains To be precise the renovation of my house and the extension came from my profit in cryptocurrency and now i am planning to buy a car if given a chance ,i only need half amount to purchase Just be careful, do not get to used to get those kind of profits, I say this because it is entirely possible that you are an incredible trader and investor and you could obtain those profits forever, but it's possible that may not be the case and if you come to rely on those kind of profits for your everyday expenses then you will be in trouble when you do not get them. |
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The hard truth this is dilemma for most traders, specifically they are newbies. This is not really hard, we just need learn their platform and find any reviews o about them. If they have negative reviews I suggest leave them.
The reason why most traders fail is simply that they do not have the patience to become successful in this market, I have seen many people claiming that they have a successful strategy to beat the markets, but they trade huge amounts of money compared to the size of their capital and just a few losses are enough to destroy their capital and bankrupt them. |
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Yes, with their tips you need to be careful, as with news from the media, they can skillfully manipulated by large investors and create a good point of purchase
You need to be very careful about all the information that you receive in social media, especially the information that it has to do with money or investments, there are many people spreading all kind of information that is not true and if you follow that advice without verifying it then it's likely that you are going to lose a lot of money, I know this should not happen because people should not follow the advice of someone that they do not even know but believe me it happens. I can't imagine how people blindly follows those tips who came from anyone from the social media site, people who's doing this are somehow don't have the patience to learned, they just take the risk and act like gambling with their luck, if the tips goes accordingly then they will have decent earnings if not they will just accept the fact that they've loses their money, we can do better than that if we will take time to do a proper research and practice, we don't need to listen to anybody else but with our own understanding and assessment. I know it's very weird, and yet you see people in the forum giving their experiences about doing exactly that and as you may guess the story never turns out very well, it is very illogical, it is as if you were on the street asking for financial advice to anyone that you found and that you followed the advice of the person that you liked the most, if someone did that we would think that he is crazy and I think the same of the people that use social media to get tips for investments. |
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I think you can double it with different invest projects. For example you can invest in some ICO and get profit. But before it of course read about project and explore it.
Getting money through that kind of risky investment is extremely hard and it's not something that should be done by people that do not really know how the market works, it is way better to just try to trade small amounts of money every day, the growth of your account is going to be very slow at the beginning but as you start winning more and more trades that growth is going to accelerate. |
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is it all that is going on with regulations?
Big whales just waiting?
People do not believe in crypto anymore?
is it trouble in some countries in ASIA with laws and regulations?
Everything is happening at once, bull markets and bear markets are a combination of factors, the last bull market was a perfect combination of many positive news coming at the very same time, and the bear market that we are experiencing is a combination of many bad news coming at the same time as well, that is why the price is struggling to recover in this year. |
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What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
I prefer to using bitcoin client wallet such as bitcore, although you must download the whole blockchain database into your pc. But it is actually very safe for long time hold because you are the only one who have the control of your wallet. It is a very good wallet you are correct on that and it is one of the few wallets that you can trust completely, but at the same time the fact that you need to download the entire history of the blockchain into your PC is not something that every single person out there can do, only the most dedicated bitcoin holders can do something like that. |
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Risks are still "stalking" Bitcoin users
Some economists have predicted that the future value of the Bitcoin will probably fall to the bottom, which is zero. But its value can be very high, up to $ 100,000. peaked at $ 1 million. I feel very dangerous when I play in this coin market.
What do you think?
No offense but what do you really expect those economist to say? Do you think that they are going to support bitcoin? They are part of the system that steals money from the people every day and they are realizing that they are not going to be able to do that with bitcoin, so of course they are going to say that bitcoin is going to have a value of zero. |
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If the price of Bitcoin can really reach 100K, then i can only say that i can't afford it, i would forget about btc and use my limited funds to invest in the altcoin.
I'm sure that bitcoin at some point is going to reach that price but it's not going to be soon, what you need to do is to think about how much bitcoin you can buy for now and for how much you can sell it in the future, if you do that you will realize that buying bitcoin right now is probably one of the best business that you are ever going to make, in fact if you buy enough of it you could change your life forever. |
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nothing is impossible in the crypto world.
maybe this month bitcoin was pumped with lots of new investors entering the crypto trade.
all we need is good news from ETF and other good news to attract investors.
Do not rely on it, I know that if that happens we are going to get a tremendous increase in the price in just a few days, and as you may guess I will love for that to happen but since so many ETF have been denied I think the chances are that it's going to be denied again, so it is better to assume that is not going to happen that way if that does indeed happen it will be a nice surprise and you will earn money that you were not expecting. |
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Hello everyone I have a news.
In Belgium there are total 8 Bitcoin ATM machine.
In Antwerp 3 ATMs
In Brussels 2 ATMs
In Ghent 1 ATM
In Hasselt 1 ATM
In Sint-Truiden 1 ATM
Does anyone know anything about this topic?
It is interesting that a country that is so small has so many bitcoin ATMs, and the country in which I live which is much bigger doesn't have that many, but I'm not really surprised even if the information about bitcoin is everywhere I have yet to find a single person in my country that is holding bitcoin or any other cryptocurrency, I have tried to change this but I have been unsuccessful |
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I joined telegram group for signal of trading but I dont know if it was legit and I didn't check anymore if those signals given are correct.u can try to search on telegram,just observe first
And this is why it doesn't make sense to look for signals to trade, even if you are given a signal by someone, how do you know that the signal is any good if you do not know anything about trading? Only those that know anything about trading will be able to determine if the signal is any good or not, but if you knew how to trade then you will not need the signals. |
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It looks we are stable again. Are we going to go up from here or back to bear market.... What are your thoughts?
The market is probably going to remain in a state similar to what we are seeing right now, it is unlikely that we are going to go through another bear market because the people that are left are not going to sell their coins for such a low price, but at the same time there is no new money coming into the market that can make the price grow, so for the next few months you should not expect the market to make huge gains. |
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How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
It really depends on the coin that you are talking about, if we are talking about bitcoin I do not mind holding no matter what, in fact I held my coins during the last crash that we saw and I didn't have any kind of problem with it, but if the money we're talking about is one that I'm using for trading then I have a very specific amount of money that I'm willing to lose in each trade and as soon as that amount is surpassed I sell my coins. |
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I had a small scale investment on bitcoin and i invested on it when the market price is 30% higher. I never thought that market is going to fall down which results to the loss of some of my money if i will sell my bitcoin holdings now. Seeing the market price i consider it as a damage which is 30%. Well if i may ask you do you feel any damage right now? I wanna know who are those people who are investing prior to the market price fall down?
I also suffered a loss just like you, the fall of the Crypto market brought great damage to my investment but the fact that I did not focus on that and I would never consider it a damage because in some ways I only saw the brighter side of it, this was the season of gathering more coins, where it can be very valuable in the future. This is the right way to see what happened, many people are very negative about what happened and they sold their coins, but instead they should see this as an opportunity to get bitcoin, if you see the market that way then this is a fantastic opportunity that is probably not going to present itself again, this is similar to what happened when bitcoin crashed and it was trading for just a couple hundred dollars for a lot of time, it is likely that when the next bull market happens and we experiment another crash the next lowest price of bitcoin is going to be above 10000. |
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Hey everybody I want to share my trading experience with these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-3% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. I will suggest you first start with small trades until you become more knowledgeable and calm. I do not really think it is a good idea to become a day trader when you seem to be so new in this market, I know that it's very exciting to think about making money by just watching the charts all day, but without a doubt day trading is the most difficult way to earn money in the market and it's something that only those that have a lot of experience and have made a lot of profits should try. |
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Tulip was a whole different scenario and I don't think we should even compare Bitcoins with that ..
You know there are a lot of People supporting Bitcoins ... So many on the forum itself ! And that's really amazing to see how people are supporting Bitcoins even when it's down ...
It's not something like tulip.. it has brought together many people from around the world and I think .. it has stronger chances of surviving through every odds.
That event is brought a lot and they are trying to bring comparisons between the two bubbles, but there is no comparison, we are talking about a useless plant against one of the most important technologies that have been invented in this century, so even if of those events were bubbles the nature of the bubble was completely different and that is why bitcoin is going to recover its previous price. |
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guys I have many account in many exchange and tread market like cryptopia,coinsmarket,kucoin,treadshtoshi etc.
but I don't know which market are safe my coin for tread?
It is not recommended that you have so many accounts, it seems that you are a new trader, so it is best for you to concentrate in a single platform so you can get used to it and you avoid making mistakes when you trade, once you get a lot more experience you can use several accounts in different exchanges and find the one that you like the most. |
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BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.
A lot of people will see that prediction and think if that were to happen they will probably sell their coins thinking that the market is going to crash all the way to zero, but they do not understand that is the perfect moment to buy, if I saw that price I will buy all the bitcoin that I could afford because when the price skyrockets again you could easily make five times your investment. |
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Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
The facts that you are giving apply not only to trading cryptocurrencies it also applies to any form of trading, most people that trade have to lose, that is just the way it is, the profits need to come from somewhere right? And every single person in the market is trying to obtain profits, so only the most talented traders have any chance to make money in this market, so only start trading once you're ready and not before. |
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Escrow on ICO’s? I think its not possible not unless you are talking about signature/bounty campaign. It’s still hard to avoid scam ICO’s because even they have escrowed bounty campaign they still failed on their project after that, so your money will be loss for good. There is still no guaranteed profit when you invest on ICO, for me its better to buy token after listing on the exchange where token is more cheaper than the ICO price.
It is very possible and there were many icos in the past that used escrows, and in a way I agree with the OP, if we really want to avoid most of the scam icos in the market you need to invest only on icos that use escrows that are independent from the developer team and that are trusted by the community, that way if something goes wrong the escrows are going to protect the investors. |
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