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If you want to join cryptocurrency then you should have the main point that is PATIENCE, Even if you want to read books then you can go to market and read books of trading because almost all trading practice is same. For crypto currency their is no separate book.
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You are comparing Bitcoin price from ATH of last year but what about comparing from last year starting price then still Bitcoin price is very high. when same last year the bitcoin price was $1000+ and now it is nearby $7000 so think that it is still high. The different is between watching the price and comparing it between what price you see. |
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Because of different time in the world, people are constantly using the internet non stop. Even do it is night time in China, if the time in Russia is day time, then people are still using the internet. Like in the market, because of people constantly accessing the market, it will never sleep and rest. The only time it will take a rest if the all the users are no longer active.
What you said is correct market runs 24 hrs and it is due to different time zone each country having and due to it trading is going on 24 hrs. |
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As a 5 years of experience i tried every method for waiting optimal profit. Waiting just with a hold of any coin is not very good at short and mid-term time intervals. Generally holders wait for historical rise but it comes in 3-4 years or maybe more. So even if you wait for that rise you can gain something on short and mid-term time. Basically i assume you have some coin just sell some of them on a small rise period, price is moving with 6k-8k for a few month so when you see 7-8k prices start to sell dont sell all but some of them should be great. Even if it rises after you sell you are now waiting it to fall , and short time period it always falls just wait 1-2 months low and buy even if it drops more you basically gained profit. So if you can read some trend moves you can invest mid-term so you dont have to hold for years. If price starts to rise historically then it is time to buy.
It is so true that even if the new ICO coin is having very promising projects you should book profit on any time as you can see when market go for correction then all coins will come down even who are having good project. So it is always wise decision to sell in profit and hold it in bitcoin or fiat currency so that you should be in position to buy back the good coins in low and do trading this way. |
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One of the stages to be learned is reading the charts, I myself do not master it but that is an important part to analyze the market.
someday you will be able to analyze the coins to buy and know the time to sell your coins. you will find them on youtube.
I agree with your opinion. To enter the trading you need to learn how to analyze the market, coin, chart, etc. Where you can find information easily is Youtube, there are many videos with clear examples for you to learn trading. experience and emotional control are also important in trade. he only explained the theory and the most difficult was practice. and the hardest part is controlling emotions and patience. That is the main point to be discussed before starting trading because always emotions will make you to take wrong decision and make you loss. If you keep patience then you can earn good in trading. If you want to do day trading then first read the chart and then do trading. If you first want to learn trading then you can join bounty of altcoins and get free altcoins, when they get listed in exchange you can do trading of this bounty coins and gain experience of how to trade. As if you lose the bounty coins you wont be in finance loss only you time is loss which you used to gain bounty coins. After when you decide that you can now trade good then make investment and start trading. |
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I think their wont be much impact on the cryptocurrency price as this news are very common until their is any big league are working on crytocurrency usage for full league , like prize in bitcoin, expenses and income in bitcoin, tickets selling in bitcoin. This will make a huge impact in bitcoin price and if it got success then more league will start to use cryptocurrency usage in their league.
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In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
I will prefer to have my dollars worth increase as the dollars is the current currency being spent easily and also the wallet summarized worth is usually in dollars. If I had some units of bitcoins today, the dollar rate/worth will be much of a concern to me than just having it in bitcoins alone. If you prefer to have dollars then what ever you earn will be the same value for ever, but if you prefer to earn bitcoins then if you keep them for long then the value will increase. So i will prefer to increase my bitcoin volume as i can at any point of time can convert bitcoin to usd and use it for my personal and if the value goes up then i will be needing less bitcoin to convert to usd and like this my investment will go up only. |
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No their are traders who always book profit on rise as they have bought in low and they know that now the market will be going to correct and they sell off and now in low they buy back. It is very simple theory of market that it always go up and down so who ever is buying in low when ever you see profit just book it. Even some traders know inside info of some coins so they just sell of and buy back in low.
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There may not be need for a bitcoin ETF approvals before we can have a bullish market. When the price of bitcoin was above 20k$,we didn't have an ETF, so we can do without one
What you said is very much true, even last time after ETF rejection market came down little bit but after that it bounced back strongly and created history, so it may be this time also it can react same way or before ETF news is coming the market is getting ready to bounce back and even on ETF rejection comes it wont stop. |
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With the number of scam and/or unsuccessful ICOs, do you still recommend investing in one or two? Why should or shouldn't I?
It is really very wrong idea of investing in ICO today as it is seen that only 1 out of 10 ICO is getting good price listed and 50% of them are even not getting listed and which ever is getting listed their price is very bad. So if you see any project is good then it is better that you can wait until it is not got listed in exchange and first check few days trading and then start investing as per your idea. This is the best way of trading in new projects without getting scammed. |
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never think about it to be honest, i have a budget to play with every month, if i win i cash out, if i loos i wait until next month:)
I have a question for you. If you never think about quitting after those losses, did it came to your mind that you regret losing and you have felt that what will happen to your money if you never gambled it? This is the most common question will come to your mind always when loosing everything and sitting ideal that time you will think how much you lost and if you have never gambled then how much richer would have been. But what went off can be done nothing but just guessing is the only work will be going on. |
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If the same price movement of last year is going on then very soon we will see a massive price movement in BTC but be carefull with altcoin as everyone knows it, when btc is moving up then everyone will start to sell their altcoin and want btc to sell on high price.
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Have a feeling Man Utd will sneak a victory against Spurs tonight, no doubt they’ll play awful football & win by 1 goal.
Man U 2-1 Spurs is my prediction (don’t bet on that, I’m not).
Yup, same feeling here... It could be 2 - 1, but it could also be 1 - 0, 1 - 1, 0 - 0 with Mou parking the bus. Lol. And they're playing at Old Trafford. No way are they allowing themselves to be embarrassed again right after losing to Brighton. Knowing Mou, a point here would be like a win. I can't call this game either. Could be zero goals, one, or loads. I reckon it will be low scoring. Maybe 1 nil either way or 1-1. Not going to put any money on it but I'll be watching it. Hope the teams don't cancel each other out though and it ends up being boring. As lot of expectations are from this match so i think the score will be draw/draw both half and under 2.5 goal will be a good bet. |
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Crypto in the present moment is bearish and it will last some more days and then we can see some moment in price but it wont go much high it will take more time to go for high like last year.
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Received the payment, but when i went to withdraw i got surprise, Transaction Fees is 0.0005, it is too high, till last week the withdrawal fees was only 0.0001 then why this increase. It is equal to 5 post of payment you are deducting.
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What is the use of getting verified account from you, when we can itself create a new one with our own original documents. What if after selling accounts after some time you go to the exchange and claim back the account.
So who ever is dealing should be careful
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Most of the Prediction sites which are giving prediction as nothing but they are trying to sell their coins to the users, so that they can get out of that coin and other should make loss. So it is always good to do first research of the coin project and value and then do trading or investment on it.
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Yes, if we are already investing in the crypto market, we have to believe. We already know the big risk from investing in cryptography and now we have to believe that the market will return to crypto to give us an advantage.
but if in fact the market situation does not improve, it is certainly not an easy thing to believe, many big investors sell their coins, and then we as small traders are told to continue to believe that crypto will return to its highest price later, I think that is very unfair That is why it is good to sell coins when ever their is need for expenses. as no one knows what will be the price in future, who ever sold in $10k was unhappy seeing the price going above $16000+ but today he will be happy that he sold as today the price is $6k. So the moral is that you are saving to fullfil your problems. |
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Hello, my brother passed away last week. Yesterday I heard he had purchased bitcoin a long time ago. What do I need to do to be able to sell his bitcoin as part of his estate. I have no bitcoin wallet app from him. Don’t know password. There is no will, although I can obtain an attorney who can legally appoint me as administrator of the estate. He lived in Miami, Florida. Thank you for any help
One thing you can do is to get the passwords from his web browser and try to open the wallet with those passwords. This is not a 100% working method, but if you have luck then he use the same password for some things. Other thing to do is to take a look to his important files, some people store paper wallets in a printed sheet, if that's the case then you can import the wallet and take the btc. Hope this tips helps  and i'm sorry for your brother always a family miss brings pain  Web browser is a good idea as most of them have setting saved in their own computer browser so that they can easily login the wallet. Apart from that you can check his computer fully and some of his daily activity area also should be checked, as you can find some information of his work on crypto currency. |
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At present market is bearish and the traders are not ready to hold the coins for long term, It is like when ever they get 10 rs to  . So i think the max price we can see will be more 3k so the max will be 10k price. |
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