Hello , in january i did a bad buy and now i am - 200 % i bought ICON at price of 0.00042 BTC after it drop drop , i bought more at 0.00026 i was think this is the bottom but not ... i bought more at 0.00017 this to me was very low price ... now i try to buy more more at this bottom price right now 0.00010 ... i hope Icon will go back to 0.0003 to recover all back . i also made different investment not only icon . so i hope i will be able to return the lost Money , now i am waiting , hope to see the price rise again . i learn many things from this .
If you can manage it hold for some more time, it may recover your lost money, crypto market currently is going thr side trend after a long down trend, it can start reversing soon or later, just be patient, whenever your positions start coming in profit, book some percentage, do some technical research on levels and calculate the risk and return and let some positions run for some more time. |
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Is Multi-Level Marketing ideal for bitcoin?
I found a MLM website using BTC, but before I join it, I want to ask fellows in this forum, why wasn't any popular MLM service before?
any idea?
MLM accepting bitcoins and giving rewards in bitcoins are scam, there is no fixed return in bitcoin which MLM companies claim, either bitcoins can be earned thr mining or trading, companies claiming fixed return or referral income against bitcoin investment are basically scamming investor, be aware of such companies and do not invest your hard earned money with such frauds. |
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We heard that crypto is often used for terrorist funding, but according to IOCTA in 2018, such an assumption is wrong.
Today, the popularity of Bitcoin is getting better, but the relationship with terrorist funding, they prefer the classic method of transferring through banks.
so, terrorist groups that use bitcoin are only low level transactions.
There are some chances that bitcoin can be used for terrorists funding, in most of the cases people exchange bitcoins to local currency thr local bank transactions and in that case there are least chances of getting it misused as bank accounts are opened after proper KYC, in few cases bitcoins can be exchanges for cash in local currency but that is not the secure way so genuine trader do not follow that path, also with this method big transactions can not be carried out, aside to this let me remind that terrorist used to have other ways of transferring money before bitcoin existence. |
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Thanks for this information, I am already trading with Fxchoice on bitcoin account, one thin I noticed is withdrawal are still not automatic, its broker who initiate the withdrawal, if some place a withdrawal request on Friday then it will be processed on Monday as Saturday and Sunday are off in forex market, I have not tried other broker with Bitcoin deposit, if someone can guide me about other reputed broker which has automatic withdrawal request process.
Fxopen is also a good choice if they have automatic withdrawal process.
check this info out: https://fxopen.support/Knowledgebase/Article/View/1448/717/automatic-withdrawal-of-cryptocurrency?agent=XX15FXPNXXH3377210001Thanks for this information, this is really a valuable information for me, I will open account with FxOpen and will try their platform and this automatic withdrawal option. |
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First of all I like your username LordShiva, you seem a Shiv Bhakt, you will surely find a way.
I would suggest you not to invest all your amount at one place rather you devide your investment in different options.
Put some amount in bank FD .
If you are familier to Forex, you can invest some of amount like $3000 in trading, there you can earn around 30% per month easily if you have experience in trading.
Invest some of your amount in potential crypto coin for long term.
you can also purchase some physical Gold as an investment.
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Trading w/o loss is very difficult to achieve until someone is extremely perfect in predicting the market, I have never seen any such person in my trading career although one person claimed to have no loss but never had look on his account, losses are there with trading but its up to you how you can minimize losses and let the profit run, for that one need to practice every condition market, uptrend downtrend and sideways. Market behavior keeps on changing with time so it is very difficult to predict it on basis of previous data, start a trading account with smallest amount, only experience can teach you trading.
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Thanks for this information, I am already trading with Fxchoice on bitcoin account, one thin I noticed is withdrawal are still not automatic, its broker who initiate the withdrawal, if some place a withdrawal request on Friday then it will be processed on Monday as Saturday and Sunday are off in forex market, I have not tried other broker with Bitcoin deposit, if someone can guide me about other reputed broker which has automatic withdrawal request process.
Fxopen is also a good choice if they have automatic withdrawal process.
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#SONATAProofOfParticipation
Bitcointalk Username: pundit
Campaigns Joined: Facebook, Twitter
ETH Public Wallet Address: 0xbFdebf87Cd9A51BA9B88bb1EE0480b1BB9Fc5A99
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No crypto trader needs to learn anything from others, Crypto has it's own rules when it comes to trading, It's called buy low and sell high, That is what happening all the time in crypto, We have these insane fluctuations in price and that is the only thing one should be aware of when it comes to trading cryptocurrencies and especially bitcoin in particular. Most important part is that crypto market is not really protected by any laws, Only the laws of decentralization applies here.
Agreed to your point sell high buy low but can anyone define the levels where is the low and where is the high, no noone can if he/she does not know anything about technical or fundamental analysis, so its important to learn analysis before coming to trading be it forex be it cryptocurrencies, there is nothing different in cyrpto trading, yes currently volume is low in cryptocurrencies so we do not see much fluctuation in price and w/o fluctuation in price, there is no point of trading anything. |
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Although banks will not allow Bitcoin to be involved in any of their services as this will be a direct threat to their business but if at any point banks consider it then it will be a great thing to experience, payments will be fast and cheap, security will also be there but current banking systems are also very secure. I hope banks will atleast adopt blockchain technology someday.
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thousands of bitcoin transferred to bitfinex recently.i hope its not for buy usd.all i can do is hope. if they buy altcoins that may be spark to green market.if not i dont want to talk about it.
update: 5000 btc moved to bitflyer
update: 10000 btc to bitflyer
and many others to bitrex and poloniex.there are also around 200m usdt transfers
That may be good news, such big amount transfer may be for buying purpose but this is just a hope we can do, I do not see any other reason for transferring such a big amount to exchanges, market is running in side trend for quite some time now, there are chances of bull run from here but again this just a hope, its very difficult to predict any market. |
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My greatest regret is not selling all earned coins in Jan18 now all these coins are almost 10-15 times down, I hope for recovery of market in 2019 now, lets see what happens, this is right time to accumulate potential coins I believe, one may have good return once bull run starts, I had another chance of booking profit with NPXS when it rose around 10 times in down market, even then I booked some of my profit, I regret these decision now.
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We know that four way to cryptocurrency income such as Invest ico, mining, trading and Airdrop-bounty. If you wish, you can do any of that.
If you want to mining or invest in ico and need a lot of money, it has cost-effective risks and have also profits. And if you want to do trading then you can start trading only if you have some money. Here's a little less risk and have also profit.
If you do not want to take a risk then you can start the bounty. There is no risk here only you will have to work on time and you will get your payment at the end of the job. As a payment, you can get cryptocurrency and convert them into meaning by selling them. So, I think Bounty and airdrop is very good for earning risk-free cryptocurrency profit.
If we talk about 2017 year, it was a bounty year for me. I earned solely on it and I did not need to risk it. But 2018 made me engage in trading. This is not a quick and easy way, but you can earn. Same is the case with me, 2017 was a bounty year for me and I earned good amount out of bounties, later market started going in red and value of almost all coins decreased, also bounty projects start delaying their payment due to unfavorable conditions, many of the projects did not even reach their soft cap so dropped the plans further, bounties earnings are not so good currently, so I started trading but its a bit risky. |
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I am trading in Binance for a year now and did not find any issue in depositing and withdrawing funds, although my amount was not too big, If you are facing such issue, you surely need to talk to some expert out here and show him the ticket ids generated or chat done with support staff of Binance if you are not able to disclose your BTC address, 1200 BTC is a big amount and its very hard to believe for anyone out here, losing such a big amount will make anyone much depressed.
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Good evening, I have a few questions with the current state of bitcoin, whether in 2019 bitcoin will rise again or decrease, the question I made is based on the number of ico and selfdrops starting to develop,  in this case whether the altcoin will follow the movement of Bitcoin or even bitcoin will lose, people will still choose Bitcoin as a coin investment or choose altcoin as a short-term investment .. we see next year ..  Common crowed will still invest in Bitcoin as compared to altcoins, Bitcoin is currently is sideways trend after downtrend so chances of decreasing its value much from here are very low, big whales will be entering in Bitcoin shortly and price will start to rise, people associated with blockchain or crypto projects will look for small altcoins with high chances of growth so that their money grows faster than Bitcoin, this is my personal analysis as per my experience in cryptocurrencies. |
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Trading is not for newbies, trading involves high risk so always think twice before chosing trading as your first profession, trading needs lot of patience and practice, one can wipe out account in few days but the same time trading is called a gentlemen game, if you know how to trade, no other business can fetch you that easy and high profit as of trading. I would suggest anyone to devide their capital into trading and investment, also if you are trading full time, also keep atleast one other source of your income like joining crypto bounty projects.
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I would suggest you for to go a demo account in forex first to learn technical analysis of charts before coming to live account in crypto, as per my experience crypto price charts are not so robust as of now, although its quite good in some exchanges like Binance. I found trading in cyrpto a bit tougher to forex but long term investment in crypto is more profitable.
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In my opinion Bitcoin will definitely affect business of all online payment systems, personally I never used Paypal, Skrill, Neteller after I am use to bitcoin.
It is very difficult to say that all these payment systems will die after Bitcoin becomes more popular as security in these payment systems are of higher level, there are very low chances of hacking these wallets, that does not mean that blockchain is of low security but people are not use to it so sometime they make mistakes and invite hackers to hack their wallets. Bitcoin in comparison to other payment systems is cheap and fast.
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I think Binance is providing best tools for trading on android mobile, charts are clear to read, although I have not installed any other exchange app and did not try any app other than Binance but I think its tough to complete with Binance app. The main issue I face as of now is volume in overall cryptomarket, due to less volume price fluctuation is not that good so its very hard to find and trade a good setup. If overall volume increases it will be very easy to trade crypto from Binance app.
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Ban of cryptocurrency in India is due to the safety of common peopl's funds as a big population in India is prone to such investments and many fraud had happened due to that where govt does have any role to play, recently a person has been jailed for Bitcoin fraud where many people have lost money, Indian govt has gone digital in day to day transactions and welcomes every new technology, I hope indian govt will adopt blockchain technology one day.
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