I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?
Trading is quite challenging and difficult thus making a reasonable fortune or profits requires a huge capital for a start up while risking a small percentage for each trade I.e money management however a person can also use $100 for a start but profit making will be small compared to the efforts and time put in trading with such an amount of money.
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Crypto currency seems to cold down these days and many people have lost faith in the past few months... People find most token are fake indeed, what they have was just a whitepaper. I think most of them will die in the next year. But what about Bitcoin? As the first and the most influential one, Bitcoin is still weak with numerous restrictions. Maybe it will fall into the ground due to the political factors, or beaten by other token which is better. Although a lot of investors had a really tough time investing on cryptocurrencies lately as a result of dropped price in fact many investors had played down on many of those so-called tokens which is obvious that they would become worthless come 2019 however much focus will be on bitcoin, ethereum, bch and other major Cryptos provided that both upcoming fundamental events bakkt and SEC ETF comes out positive.
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Its quite obvious your system had been compromised somewhere and quite unfortunate losing such a huge amount of money to hackers, this could have been avoided if 2fa had been activated in both blockchain and email accounts especially when you are using gmail, you just have to utilized every possible means of securing your wallet when using the so-called online websites due to their vulnerability to hackers unlike hardware wallet.
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Predicting the price of bitcoin in 10 years is an herculean task that is difficult to achieved considering many government policies that could make or mar its growth, different forms of regulations, bans and clamping down on exchanges could spell doom for its adoption invariably resulting to its price crashing in most times, however if all those bottlenecks can be overcome then bitcoin will be second to none in cryptocurrencies world.
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User: gabbie2010 Postion to Apply: Sr.member Posts Start: 1424 Address: 3LtWp99ruKMScM2HXsM8FJ2LoLcPtsp4Rg
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The market will always be there for you so there is no cause for worry or regret coming late to trade you just have to learn diligently and practice until you have been making profit consistently in fact I had been demoing trading using mt4 platform on my laptop for so long and had been making progress.
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I read some news recently where EOS has been gaining more attention in the cryptosystem in fact some new ICOs had started adopting EOS eg mycryptobank which I believed is plus now although EOS might not be able to dethrone ethereum now but it will definitely pose a challenge to ETH in the nearest future.
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Some of the valuable lessons I learnt about crypto in 2018 is that Cryptos is a long term investment looking into it with a short term perspective is a big challenge to me and more so I now understand how big investors 'whales' can manipulate the price of BTC in reference to Mt.gox dumping of btc which invariably resulted in the drop in the price early this year.
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Hodling and investing in crytos is not for feebleminded but for the courageous and brave people who prefers to hodl despite the dwindling and drop in the prices of cryptos because of the risk involved is very enormous while some people will sell off their portfolio in this period of bearish runs.
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I don't see any other ways to trigger next bull run this year again but mind you let's keep hoping that Bakkt and ETF do there thing by January and February 2019 then just maybe we can see a huge spike ,even if we don't see any after the approvals it will surely return by year ending of 2019,let's all wait and hope for the best ,and long term is still the only way for me
I just hope this two major decisions about bitcoin come 2019 is positive else the price will not have any significant improvement in terms of bullish sentiment, of course major investors are watching as regards the key decision ( Bakkt and SEC ETF) which can make or mar the future of Cryptos.
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My best bet come January 2019 is to be on side line and watch as events unfolds regarding the prices of Cryptos before taking a hard-line decision whether to invest in ICOs or buy altcoin or watch price action with respect to bitcoin which I belief is the major mover of all other altcoins.
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A person with a mindset of joining Cryptos to become rich quickly could spell doom for such an individual, Cryptos are long term investment that need patience and perseverance in order to make a headway in making consistent profits however some people got the shock of their lives by investing when ATH of BTC was attained last year hoping to get rich quickly but got burnt due to the massive drop in the price.
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Falling of the prices of Cryptos has been a bad omen for hodlers who might be afraid after hodling for a long term hoping for a turn around however experienced traders will always capitalize on the bearish runs to make profits by shorting at an appropriate time using a perfectly working trading strategy, personally I am not afraid after all a major price correction is taking place hence a bullish runs is well expected soon.
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Hope is not lost yet as far the price of Cryptos is concerned I believed we had been experiencing a major price correction this year which may likely triggers a bullish runs come 2019 as all is now set for SEC ETF major decision I hope it comes out positive which will become a turning point in the world of Cryptos all this will culminate into a positive outlook for Cryptos.
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The mind set of many investors when bitcoin peaked was that the bullish run is gonna continue till $50K the speculations was rife such that people were advised to keep hodling while alot of investors were buying at the peaked price personally I sold most of my bitcoin hodlings hence I had nothing to regret about.
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####AMSTERDEX SIGNATURE PARTICIPATION#### Bitcointalk username: gabbie2010
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I envisaged that this is a golden opportunity to buy and hodl your analysis has shown that price history repeat itself and hopefully the return of the bullish runs is imminent while all fingers is crossed as it is know price had crossed $4K I hope this is sustained as the end of the year approaches.
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This is indeed a major setback in paying you with bitcoin these are issues and challenges faced by using bitcoin as a means of payment as bitcoin is becoming more unpredictable how I wish bitcoin is stable at a high price it could have make payment for purchases easier and swift.
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I am quite optimistic that the December bull runs will come to pass but I am expecting a massive runs however the coast seem clear for runs as being predicted my prediction of a reasonable bull runs is in 2019 when major positive events are announced which will likely triggers the massive bullish run
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The trust, transparency and immutability of blockchain makes it stand out for its survival for a long time this technology has a wide area of applications eg chain supply, medicine etc while bitcoin as virtual currencies has many competitors might have some challenges like bans, regulations etc.
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