The way I see it, is an amount of 0.05 is the minimum amount one starts to trade and I speak to trade in online exchange markets with alt coins. If anyone wants to trade only btc to fiat and vice versa using the well known localbitcoins then a much bigger amount must can afford about it. Even more, must have time to build a positive feedback. That means first times must trade with minimum exchange ratio so as customers prefer him than others and leave their positive feedback on dashboard. Imho trading with altcoins is the most interested one even is the most risky.
i think there is no limit for investing in bitcoin, it depend on your assets. if you have a good amount you can invest that amount without any doubt and if you a little amount even less than 0.1 bitcoin still you can trade alt coins. therefore there is no limit for buying bitcoins. |
|
|
|
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
Well according to your story here you invested 47 BTC and now you have 40 BTC which means you loss 7 BTC, now if you decided to quit here its not our loss but yours. But if I were you why don't you try to hold your coin until bitcoin increase the value at the right time. yes i will also suggest you to hold bitcoin and not to sell it. because the price of bitcoin is going to increase again. the present down fall is just a market correction and hope that very soon the price of bitcoin will start increasing again. |
|
|
|
simple, join sign campaign, you make more money from campaign, you can earn Bitcoins from investments and business, Please use the talents and wisdom of you to do it
There are many ways to increase your btc apart from investment,offer an advertising service in online with btc as your payment option, there are many people out there who needs advertising for their site, are else sell your good for btc, another way is through trading. I agree, we can use our skill to increase our amount of bitcoin. Selling goods the best way because no limited income in it. Also being a boss is better than being employe. but your skill must be in a particular field. what kind of skills you are talking about. some one may be best having good singing skill but it cannot help you in increasing bitcoin. i think you must be skillful in a particular fiend from where you can earn bitcoin. |
|
|
|
For me,
I used both today
but there is more advantage on using bitcoin as method of payment than paypal but for some freelance work I guess paypal is number one
yes bitcoin is comparably good. to me i always use bitcoin and not paypal because paypal rules regulations are difficult to follow. while there is nothing difficult to use bitcoin you can use it very comfortably. |
|
|
|
Hi,
I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?
It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need. but think those people who have bought bitcoin below 600 USD i think it also still good time for them to secure a good profit. but still i can say that it is good time to hold bitcoin. because still the price of bitcoin is going to increase. |
|
|
|
There is no reason for panic or panic selling. It's true that many Bitcoin holders have fear that the price would go down more deeply so they will sell which can lower a price for a bit more. But now isn't moment for selling, the head shor be kept cool and wait for this correction of price to be over because soon Bitcoin will be back on the way up.
If one has invested some decent amount of money at let's say 1050 US$ and saw the movement after it bounced at the ATH, I totally understand that this guy was in fear and did panic selling. If one loses 20% of his investment within 4 hours, I understand anybody selling off any asset in panic. //alex Anyone would worry if someone bought at $1100 in a huge volume and then after one day price goes down at around 20%. It is not normal so the first thing in mind of this person would be selling at the next increase to cut the losses. But people who are in for the long run really would not be bothered. to me i think those people who purchse bitcoin in 1100 USD have take a right decsision. although the price is now trading uder 900 USD but the price is not going to stay here for a long time and very soon the price has to boost again and this time it is going to reach to 1500 USD so very soon hey will happy with their secession of buying bitcoins. |
|
|
|
If you want that you can do it, its not something that is really hard to do in my eyes because there are enough sellers for the bitcoin.
i think he is just asking that either it is still good time to buy bitcoin or not , because the price is trading so high now. Yup OP is looking for this, But I think this is not the time to buy bitcoins because the BTC have very high fluctuation in price. Day by day it is showing a huge variation in price. No one will sell bitcoin less price so better for some time once the price is stable then start to buy bitcoin. I hope this month end the price may stable at one rate let's see what happen. yes that is right and to me i think it is still the best time to buy bitcoin, because trading bitcoin below 1000 USD means that the price of bitcoin has still good potential to increase. therefore i will suggest you to buy bitcoin in the current rate and do not miss the time. |
|
|
|
it is very possible. but you should find a seller that is really reliable. so bitcoin you have a safe and enter the address of your bitcoin wallet.
be careful in buying bitcoin in very much.
yes there is no doubt about this that you can buy any amount of bitcoin. without any doubt. you just need to have a good amount with you to buy bitcoin. there is no limit for buying or selling bitcoin. it is up to you that what about you want to buy. |
|
|
|
keep patience to buy and sell your coins. it is the most important point in trading. you must have a strong emotional nature. you should be able to control the desire.
personally this is what I lack, 2 days back I sold BTC @ $570 Rate & Now Rate has been Jumped to $552 Even if down to 552$ its really part of the trading, all just we need to do only is patience in trading. And all the time we must control our emotion while we do trade in the exchange platform. We must monitor it properly so we can able meet our desire in the trading platform. although i will trade bitcoin even in such a low price. but do not think that the price of bitcoin is felling down to such a low price. hope that the price of bitcoin will cross 1500 USD level in 2017. |
|
|
|
Well folks, if you didn't sell you missed the right time again. Good news though!!! Now is the right time to buy! So you didn't miss out!
I guess my gut was right. Should have sold when we were over $1500CAD. Now we're around $1200. Meh. $1200 is so 2016.
That's a very bad news to me, I missed the time to sell but I will just going to have a comeback and will wait for another chance and will try to get that right time of selling. And no, we are around $880 now. Hoping that before the Chinese new year many people are going to buy and will make a big impact to the rapid price increase.Doesn't expect the bitcoin will get rapid increase again. I already sell my bitcoin @$1124. The bubble is already including in my prediction. so you may wait some years later for seeing the yesterday's price again. no i am not agree with you . although the price of bitcoin is trading below 900 USD. but i can assure you that the price of bitcoin is gong to cross its all time high price and even raise more in the present month. i hope very soon you will regret for the bitcoin you have sold at 1124 USD level. |
|
|
|
Indeed losing money with risks is normal and you have to take risks to get good money without any doubts so I think that is normal in these situations.
actually the new traders who have never trade before do not know much about the rules and nature of trading. while investing money they do not confident to have to invest boldly but after getting some experience they can overcome their fear in trading and investing their money. |
|
|
|
Why hoping that it will die tomorrow,its not as easy as that.See on how bitcoin works for how many and there are lots of benifits bitcoin has to offer to everyone who knew and probably using it.Lets just hope that it will continue for more and more years.
If bitcoin had died tommorow , I would have died due to bitcoin Because I have spended all my saving money for bitcoins and I expect I will be a millionaire in the future. Do not say such bad luck in this golden year of bitcoin. don't worry you are not going to die because is so strong and stable currency that it is not going to die, to me i think bitcoin is becoming more and more stronger because the users of bitcoin are increasing continuously, therefore bitcoin is becoming currency of the future. |
|
|
|
I don't think teenagers will show interest on bitcoin.Also they can't understand bitcoin properly.We just can give them some faucet or bitcoin play apps to earn happily.But I won't described children about bitcoin because it's not the perfect time.They should focus on their study to build a very good future.
yes that is a fact and to me i think they do not need to learn about bitcoin because still bitcoin is not using as currency in most of the areas, whereas people are using it for investment. hope in future people will be using bitcoin as currency and then teen agers will also learn about bitcoin. |
|
|
|
The bitcoin is good and I think that they are both very good and that I cannot even choose between them honestly.
Everyone have different opinions about which better either bitcoin or PayPal. But for my self i am using both bitcoin and PayPal in different purposes. If i wanna send money but the seller who don't know bitcoin so i choose PayPal. Even though bitcoin is cheaper better for i personally has no account in paypal therefore i have never use it actually being using bitcoin i never feel the need to use paypal, i already heard that paypal account need so much requirements to open an account. |
|
|
|
You can do some research about trading. You can see some simple techniques which you can apply upon. There are so many sites where you can learn from. Its a long process to learn since trading is somewhat complicated. But once you leaen about trading, well it pays a lot too.
i think but investing a little amount in start can increase your trading experience. you need to do continuous study about bitcoin and bitcoin form. after getting some experience by investing a little amount of bitcoin you can then increase your amount to invest in bitcoin. |
|
|
|
My way isnt necessarily best in fact its probably far from it but i just fot btc to altcoin trading and vice versa. Once my bitcoin is in an altcoin i just assume that bitcoin is now lost and trade that until i cxan either take out a profit or its gone. I dont like to do fiat to btc trades because i dont like the idea of getting locked out of bitcoin by trading at the wrong time and to me it seems like you need to have to much bitcoin in order to do fiat to btc and vice versa.
Altcoin market is more difficult to predict, also it's easy to manipulate, although you have a capital to trade btc/fiat there's possible it's not worth, unless you choose a good altcoin with you have been followed the trends. Obviously since there is less amount of money on those markets then it is easier for exchanges or whales to manipulate the market to their advantage and get away with maneuvers that will not be possible if they tried to do that in the bitcoin market. i think everyone has their own way of trading according to their skill, education and experience, to me my best way of trading is that i always start from investing a small amount in start and after that i gradually increase my investment from time to time. |
|
|
|
Well folks, if you didn't sell you missed the right time again. Good news though!!! Now is the right time to buy! So you didn't miss out!
I guess my gut was right. Should have sold when we were over $1500CAD. Now we're around $1200. Meh. $1200 is so 2016.
Right now is an okay price to buy at. I still believe that the best thing for people to do was to buy at the time the price was sitting far below $600 for quite a long time. No excuses are possible here, unless you didn't have any money to invest, then it's different of course. Currently the best is to buy back the coins people sold above $1000 or to simply keep holding. I still don't feel comfortable buying at these prices. yes i also agree with you that it is still a good time to buy bitcoin because every one is still expecting that the price of bitcoin can increase too much in next few moths therefore it is still a good time to buy bitcon or if you have some good number of bitcoin then you have to hold it. |
|
|
|
Most of the large of exchangers are buying in bulk.
To you rightly have advised, start with LocalBTC
yes that is a fact that exchanges have a good amount of money and they can buy bitcoin in bulk. may be he are also using their own exchanges for buying bitcoin or may be using some other exchange for doing so. |
|
|
|
I would urge every forum member to take the time and explain to a business owner the obvious benefit of accepting bitcoin.
I believe talking to business owners must be a 2nd step. Before urging businesses to adopt bitcoin we must have decent number of bitcoin users. So the first step must be talking to our friends and known people to make them to adopt bitcoins. It cost nothing
But the benefits are unlimited. When we are encouraging bitcoin adoption by the level we could do, we never need to bother about any banks/ countries to manipulate/control bitcoin price levels. just take a few minutes of free time. We can effect the market
We must educate our forum members to know the responsibility of spreading bitcoin to have better future for bitcoins. A strong initiative must be this time's requirement. yes that is a fact no doubt about this, it is the responsibility of every bitcoin users to introduce bitcoin in their area, because if people will be using bitcoin then we will enjoy the the actual facilities of bitcoin. therefore it is important to introduce bitcoin to everyone. |
|
|
|
simple, join sign campaign, you make more money from campaign, you can earn Bitcoins from investments and business, Please use the talents and wisdom of you to do it
but from a signature campaign you can earn only a limited amount and not such a big one. therefore i will always suggest you to use trading for making good amount of bitcoin, because in trading there is no limit of earning money and you can earn any amount of bitcoin in trading. |
|
|
|
|
Show Posts
