eth can no longer reach such a high price now, maybe next year, but I hope that even when the year ends for everyone's happiness, the price of eth can reach 6-7k, Just wait what we can do now.
In the cryptocurrency world, many times happen that prices have risen several hundred percent over the one day. By the end of the year, we have two and a half months, so theoretically, the achievement of $1000 for ETH is possible. Personally, I also think that by the end of the year it will not work, but within 4-6 months it is very possible. Ethereum already reach a $1000 mark, so why not it would happen again right ? It is not impossible for Ethereum to reach $1000 this coming months since ethereum is one of the trusted and tested coins on the market. Hypothetically, ETH can reach a thousand dollars again this November when the bull is out. Ethereum already proved its ability in the cryptomarket so let us support it again. |
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1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing
If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages
2. Disregarding self strategy 3. Chasing somebody's dream 4. believing somebody else's FUD This are the main reason why most of the trader won't succeed on their career. Some are just copying someone's strategy even if it does not fit to their lifestyle and skills same with chasing somebody's dream just like imitating in a wrong way. Believing on FUD is the biggest foolish thing to believe about since the market is really volatile there are people will going to be negative about it and those who believe are fool. Make your own research, internet is full of deceiver people. |
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Making money in this bear market is to difficult mate. Which is unless if you want to make day trading with some coin that has potential to earn quick profits. But must trade a big amount as well in my opinion so that you can gain enough profits on it. Because doing day trading with small amount nowadays is wasting of time which you can earn cents only because market still not stable. .
Definitely, having trade on bear market is risky at all because of very unstable price where most probably will go down. It is too difficult to gain a profit in a bear market since the prices are too low unless you will risk huge amount to gain. We are experiencing a sudden spike on this bear market which causes the coins to bounce rapidly, up and down. For me bear market is not a good time for trading but a great time for buying and holding. |
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I want to Learn by myself For This I need Some Tips and Some Good Ways.Should I Learn From Online Article Or Books?What should be the Way to Learn Well.What is The First thing I Have to do. Please Give me Your Suggesstion.It Will Be Great Help For me.
If you want to be a great trader you must be able to experience all the failures and mistakes. Being good at trading is not instant, it requires time, patience and knowledge to become. I don't want to say im a good trader but i don't lose huge amount of money anymore. Learning is a process which can be gained in different platforms most preferably the internet that contains all of the information.Trading is risky, yes given that the market is fluctuating but once you get used to the wave of the market you can just ride it. |
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The price of bitcoins is regulated intentionally, such a conclusion can be made on the basis that the price was almost $ 20,000 at the end of 2017.
The price of Bitcoin is depends on the circulation supply so this year January most of the whales are exchange to fait currency it was gradually move to downtrend. But actually some whales are intentionally create a dump and pump so we should not say completely because every year market was maintain a same pattern but this year only is not workout. It is proved the accidentally and internally controlled by Bitcoin price. Yes, whales do huge manipulation to the price of bitcoin because of their huge fund that can buy and sell big amount to the market but if you would just sum up the "little" investors and trader of bitcoin we can theoretically say that it can reach for about 30-40%. Bitcoin is decentralized and so no one can really control the price but it varies due to the human behavior towards the market. |
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Here are some interesting facts about trading I stumbled across from CryptoCred which I think may be helpful
Common error to avoid when you day trade, I modified some to reflect my own opinion.
1. Revenge trading, trying to get back a trade that has been lost or chasing a trade.
2. Never using a Stop
3. Not having a plan (Risk/Entry/Exit/Stop)
4. Not sticking to your plan
5. Greed — risking too much/not taking profit
6. Being too emotional about a trade.
Plug these equity drains & increase your odds of being profitable.
You could add to the list and make better trades
4 and 5 are very relatable, i always change my plan if any unexpected event on the market happens. There are a lot of things to consider changing the plan but mainly because of the price. Being greedy is not an error at all since market is volatile the price variation will going to give you that feeling especially when the market drops, weak minded trader will panic sell while some big fishes will take the advantage to buy however you must have things to consider also like the price chart, datas and market season. |
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Yes this is one of the weakest period for crypto world , but I hope this will not be long, this is doesn't diminish my interest in crypto world , this makes me even more eager to learn more about cryptocurrency .
You can see at the past price charts of market that quarter 2 to quarter 3 of the year will be a weak point of most of the coin in the market. If you do believe on "bull run" or start of the market hype then don't lose hope for it cause i also see it coming soon. Every market has its weak point and it is just the reflection of how the investors and trader's strategies on the cryptomarket. |
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Yep. Since the cryptocurrency is making its name in the world. Of course it is natural that many scammers will be gone scamming people. It's pretty natural.
Scamming on digital world is not a big deal at all since it is huge world with anonymity to everyone. But the increased number of scam ICOs are very alarming now, many have said that 2018 is not an ideal year for ICO which i think a quite wrong? maybe we're just being flashed with big scammed ICOs we thought we jumped in but a trash in the end. There is a lot of great ICO this year, what they are lack of is validation from their users and bounty hunter. The real problem here is we are just running crypto and ICO for money. |
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I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.
Well since you are just a beginner, there is nothing wrong about failing and losing cause analogy is this, beginner= fail to experience as professional= experience to success. Don't worry about failing because it is just gaining experience in a future trading strategy of you, as you said it requires a lot of patience and hardwork and it really is maybe its too early for you. Just try and try things to work out, analyze more it will give you chances to ride the market. |
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many of the advantages of daily traders that you designate are the right things and maybe many others that we will not be able to mention one by one. What is clear is that we use stringed capital and profit will also be obtained by the strings of all risks that occur must be resolved alone.
For me, the best advantage of a tradwr is that fhey have the ability to gain or earn profits without depending on the people around them. They can easily manage and earn by use of their own knowledge and strategic ideas. Many people today wants to become a trader so if yoi are one of them, do your best and learn in order for you to gain and achieve your goal to become a trader. |
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Good day friends,
Since the emergency of bitcoin, which now serves as a model for other cryptocurrencies,there have been a massive surge of other cryptocurrencies, ICOs, coin price fluctuations and other market changes.
These changes if well monitored and studied can cause geometric increase in one's fortune but on the flip side, these changes can also liquidate one's capital.
So many pros have managed to create some undocumented rules on how they trade based on their experiences in coin market.
Now this post is aimed solely at those rules that have kept you in the game(bitcoin and other cryptos trading) all these years.let's share with us,our wealth of experiences,our rules and our strategies because it is said that Iron sharpens iron.
Let's hear you.
Actually thers is no specific best time to buy bitcoin but ofcourse it is based on your strategy as a crypto user. You will somehow use some strategic idea in order to gain some profits and extra earnings. Me? I actually into the idea of buying today bitcoin because of the price which is lower and then I wait for the time that it will rise just like what's happen last year. |
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What is your opinion on the current market? Good day coming soon For traders because of major coins are in oversold position. Just need some good news. It's time to buy Ethereum, Bitcoin and others coin
The current market situation os actually ain't good. The market is on the process of gaining its healty life. But for now we must believe on it. The market today I guess is in a not stable and very down sutuation but I think in the next few months it will slowly become good. Many people today are waiting for that. And I think in future it will also be good or postively best because the market will rise. |
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I actually found this interesting story of a former addicted gambler who was able to use a bank application made specifically for those who are trying to fight their addiction to help his situation out and I thought sharing it to the community for further discussion would make some sense or if it can probably help someone to cure his or her addiction as well. Tens of thousands of people have signed up to a new service from two mobile-only banks designed to help problem gamblers. One former addict says this "gambling block", available on the banks' apps, helped him beat his addiction.
"I'd be setting my alarm to wake up at 4am to do a first bet," says Danny Cheetham, who began placing bets in his early 20s.
"I'd plan my route to work so I could call in to a bookies which opened early for commuters."
Danny, who is now 29, found himself betting in bookies, on slot machines and online. He gambled a lot on football, which he doesn't even like.
He began relying on overtime from work and on payday loans. In the course of eight years, Danny, who's from Stockport, estimates he lost more than £50,000.
He sunk into depression and moved in with his dad as he could not afford to pay rent.
It was the death of his mum Christine in 2015 that he says was the turning point for him - but he was not able to kick his habit until he signed up to a gambling block with his bank, Monzo. The so-called challenger bank is a mobile-only version of a traditional bank.
Once the block is activated by the customer, it can spot any transaction that person might try to make with bookmakers - either online or in a shop - by using merchant category codes. It instantly stops the transaction from happening, before any money has left that customer's account.
If a customer is tempted to place a bet in the heat of the moment, there is a 48-hour cooling-off period before the block is switched off. There is also a daily limit on cash withdrawals.
Monzo CEO Tom Blomfield says the block was introduced because customers asked for it.
"We have a team of people who work with vulnerable customers and they were getting this feedback quite often" he says.
More than 25,000 customers have signed up to the bank's block since it went live in June.
"Not all of those were problem gamblers [but] about 8,000 people did have a history of gambling," says Mr Blomfield.
"We've... seen a 70% decline in their gambling transactions so [it's made] a really big impact."
Another challenger bank, Starling, is offering a similar type of block. It's gained 20,000 users since its launch in June.
The Royal College of Psychiatrists is calling on the big five high street banks - Lloyds, Santander, HSBC, RBS Group and Barclays - to offer the same type of service.
Doctor Henrietta Bowden-Jones told BBC Radio 4's Money Box: "If you are unable to access funds, this type of gambling block can save people's homes and their families."
The banks say protecting vulnerable customers is a priority and they are always looking at new ways to do that.
The Gambling Commission is talking to financial institutions about how to improve protection for problem gamblers.
Three years on from taking his first steps to beat his gambling addiction, Danny says he is happy.
"And I've actually got money in the bank which I never thought I'd have," he says.
"I'm well on target to being debt-free by my 30th birthday, which is my next one, and I just don't feel depressed or helpless like I used to."
He says he can now think about his future and - although he will have a bad credit file for up to six years - he says this will give him time to save for a deposit for his own place.
"I just don't feel like it's an endless battle any more."
It is crazy to see what gambling addiction can do to someone lookong at his story. Addiction is actually one hard thing to get out from and to know an app can really be of help is quite amazing. What do you think? Wow. That's a good idea. This article was worth to read. Gambling is a very hard enemy when it comes to addiction. Many people today are into it because of the greedy attitude that they acquired. The attitude that they are into is not good in terms of savings. Because they will end up losing all of their savings. But with this app that helps other to save money. It is good and needs to ba aware of for those gamblers that cannot control theirselves. |
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hi guys,
as we see in the last few months that there are many new alt coins were created and there are many examples for this, and this makes me ask about this, can i create a new alt coin for myself , and if so , how can i do that?
does this demands special computers or what?
if anyone knows how to , please give us your advice here.
thanks a lot.
It is depend on you on how you will handle things. Because creating a coin makes you a big rensponsibility and need a lot of time and efforts. But yes, you can create coins. Just need to have some investors or supporters in order for your coin to knew by others. And of course you need to have pre-sale of tokens and need to have a good proce in the market. |
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The sum of joined people in crypto is growing day by day and I am sure that it is cool because the profit I increasing too and incomes are so high. I am here for so long but I have never do deals in crypto by myself. But I am going to invest now and I have found too many resources like exchanges, wallets and so on. What can I use now as a new participant of this deal? What ones are more reliable for the side of the price and security? With what amount of money I must have for the beginning?
First you need to have some knowledge about it because well know that in investing we need some prior knowledge in order for us to to earn good. Our basic knowledge will be the one who will make us or who will make earnings for us. Knowlegde is the key so that we may avoid being scam by others. |
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Seeing btc going down for quite some time now, I thought people will be withdrawing their investment to shares and others business. But it amaze that btc is gaining more popularity and people are still rushing btc. What is the secret behind btc?
Because ai believe that one day BTC is going to back where it belongs. BTC price will somehow be come back same as like last year bull run. We all know that BTC isn't stable like the other coins, it is one of the good thing about it. And for me the secret behind the BTC and why people are actually staying into it because of the good earnings. |
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Why People Choose Cryptocurrency? Any Need?
We are into commodity trading, and we are building a platform which will support the trade of commodities with cryptos. We are trying to make commodity trading very easy
I think the main reason why people choose cryptocurrency is because most of the time and today, cryptocurrency is very famous and very good in terms of earning profits. And also because cryptocurrencies are decentralized means there is no one manipulating its price and it depends on the persons supply and demand. Many people are into this now because it is good today and in future. |
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What are the differences between online and traditional gambling ? Which you like the most and why ? In my opinion both the types of gambling have got their own advantages and disadvantages. You can try both for some time and then choose one based on your convenience.
For me, ofcourse I choose manual thing which is traditional gambling. Online gambling is good because it is convinient and very easy to play in. People prefer it because they feel the sarisfaction of playing regardless of the earnings. For me I also thought that it is more realistic or fair in traditional gambling because you're not playing with any robot or ai's. |
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Why is someone get addicted to gambling once he gamble ?
Gambling is truly one of the best way to accomodate and to have earnings in crypto world. In gambling our earnings are fast in a sense that if you risk your money there are two things might happen, it will earn high or it will lose. I think the main reason why people become addictes to gambling is that because of the fast and high earnings. Being greedy. |
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Some people think that strong feeling affect the outcome of your bet. But for me its all about luck., what do you think guys.
For me it is a big yes because we all know that being positive always give you the positive vibes too. Being a positive person always put you in a good situation. You must know how to act positively so that the outcomes of your actions are also positive too. And positive mind will give you the edge to have enjoyment and happiness while playing. But ofcourse be sure to know when to stop.  |
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