Today, I realized that I won't see the moment when the last satoshi will be extracted because it will be in 2140! I can't live so long)
Not only you but every member who is reading this post now won't be able to make it until that date. The time extends to 122 years from now and it is highly unlikely for anybody to live that longer from the current generation. Who knows what will be the price of BTC at that time and whether or no it will still be in the market or not. Chances are there that some other currency will take over it by that time. |
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We all know the Bitcoin is the first cryptocurrency. It has developed a lot and it's price has also increased tremendously over the years. Most of the crypto traders use BTC which is the reason why BTC is used as a pair for the Altcoins. It also depends on the exchanges whether they want to use BTC or USD as a pair to altcoin. There aer many exchanges which have USD pair markets and other Altcoins like ETH and BCH are also used as pairs. The point that altcoins' price is related to BTC is true but then if the price will during BTC's depreciation then it will also increase when BTC goes high.
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I was in your shoes when i joined this forum and I am really happy I joined this forum. It has been a long journey now and a great experience. I have learnt many things which I will be remembering through out my life. It has really changed my life for good. I have earned a decent amount of money by joining various campaigns over the time including signature and bounty campaigns. Yes they are worth it and will earn you a good amount of money but there are some things you should know and they are; Not every ICO would be legit. Hence you won't be able to earn good money from every campaign. You might earn a little from some campaign and more from the other and there might be instances when you get nothing. So be ready for that. You might not be able to earn any money in the beginning but as you continue your journey towards the campaigns you will find yourself in a world full of opportunities to make money.  |
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Hundreds of new ICOs keep on launching very month and it is known from research that 80% of the ICOs which get launched in a year are fake or never get listed on any exchanges. So we have to be careful in choosing an ICO whether to take part in it's bounty program or to invest in it. ICOs do ask for KYC but they ask it from the investors and not from the bounty participants. Atleast until now I have not come across any ICO which had asked for KYC form its bounty participants. So you must have known it from that itself that it was going to be a scam. I am sorry for your loss but you have to be more careful in choosing an ICO.
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I think most of the traders here know the popular exchanges Binance and Bittrex as they provide a better security than any other crypto exchange. They have better interface and has greater credibility when it comes to trust. Poloniex once had a good name but later turned out to give many issues to many people. It is now owned by some other company and unless the dev don't change the way it works it is not advised to use it. Many other exchanges like hitbtc, livecoin, yobit, cryptopia have had issues with some people in the past and so it is safer to use the exchanges with better security. So Binance and Bittrex would be best ones to start trading with.
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Well I think this might be helpful for people who find it difficult to manage multiple accounts on different exchanges. Nowadays , many IT driven companies are trying to implement AI for business purposes. Implementing AI in crypto might open new opportunities for the people. The app will surely provide easy access towards the exchanges but there is another problem that I think can create a big issue if not handled accurately. We can see many people getting hacked these days and losing their cryptocurrencies. If a hacker gets hold of your credentials then not only 1 but you might lose coins from all the exchanges you have connected with your app. So this has to be handled efficiently by the app developer.
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Who won't be happy seeing BTC rise in price. Me along with many others had been waiting for so long for BTC to cross the $8k target. Now that it has crossed $8k with good stability, the next target of $12k should be not harder to achieve. This might be a sign that BTC has started to recover and if it is so then the ATH might soon be crossed. I expect the ATH to be crossed before the year ends. As per the experts the next ATH is considered to be at $25k . If BTC reaches this price then I don't think anybody would want to miss the opportunity to buy BTC at the current price.
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It is possible but it would take a good amount of time for BTC to become a globally accepted form of payment method. It is surely sparkling out in the mode of an asset since it has reached a price of $9k(current price) from almost nothing. This has attracted many IT industries to accept it as a source of payment but it's volatility and high fees is creating issues to many people. Unless and until the issues gets fixed , I don't think it will be reliable to use BTC as a payment method.
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The first and foremost thing I would personally look in the ICO would be the idea and concept behind their project. For me, any project that doesn't have any good idea behind it would not survive in the long run and hence it would be useless to invest the money in it. Great ideas are likely to succeed and get a better response from the public. I would definitely research and find out the team and developers because if a team doesn't have good developers , then it is pretty likely to go in a decline. Good developers create a better product which results in a greater response from the public.
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if you are a holder, it is a bad thing to hold to die. Hold coin ( hold to die ) blindly express :
1. You are a person who does not know anything about the market. You do not know the market analysis. You do not know when to uptrend and downtrend to sell to maximize profits or avoid losses. It is the lack of knowledge of a holder.
2. As an investor you have to know about the market and the most important thing is to make a profit.It's not speculation, it's the knowledge of an investor. You have to understand a growth cycle. It usually has uptrend and downtrend. If you are a holder. you must determine this cycle to maximize profit, but do not hold to die.
You should :
-Understand the long-term trend of BTC
-Know the bottom of a coin
-Determine when stoploss if you lose less than 10% on the purchase price.
-Sell when you are profitable
-Patience in buying, selling fast and buying slowly.
-Hold coin is not always good,, you should have the knowledge about chart to maximize profits
I would agree to few of your points and disagree the rest. I agree that "Just Holding" the coins won't be sufficient as we might be losing good opportunities to make more money. We have to keep the trading active but then not everybody was born intelligent. The first thing that matters is the speculation. Nobody can accurately predict the prices of crypto. One can still take the risks but the people who don't want to take the risks are the ones who just keep on holding for a long term. Apart from that we cannot assure that every attempt we make to maximize profit would result in a success. So let us just leave to the people whether they want to hold or speculate. |
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What I can suggest you avoid this situation is to sell partial quantity and keep some then you can get a chance to sell at higher if prices go again high.
Also, if you have made already enough profit from your investment then we shouldn't worry about these things because we can't always time the market. Now you need to find other good coins to invest and make more profit.
Yes Exactly ! This is the best strategy to tackle this situation. I know it must feel horrible to lose such an opportunity to make good money. I have faced it quite a few times too. Most of the traders would have gone through this phase. The best way to tackle this is to sell the coins in a little portion so that we don't miss out the peaks and still have an opportunity to sell more at higher peaks.Even if the price goes down, just hold it for good because it will surely go up again. |
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I don't think this would cause any problem to anybody. If you want to stay anonymous, you can still be that. You will just have to find an alternate method to withdraw the amount you have. Not only Europe but many other countries have tried to regulate crypto as well so that they can collect tax from the people. I consider it as a fee to legalize crypto  because as long as it is regularized, it is legalized in your country and there are no FUDs related to ban on crypto. |
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I would say that mining in public places is completely a waste of time. Mining requires a good hardware and a suitable surrounding for the mining to be efficient. Public places don't have any of these which makes it completely a waste of time. Apart from that CPU mining as they call it when you mine through a PC or a laptop, is not at all worthy nowadays since the overall profit is almost nothing. So mining in public places just to save a few bucks for the electricity is the worst idea I have ever heard.
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Bitcointalk name: pawanjain
Current Posts: 1126
Rank: Sr.member
Btc Address: 3A7XsWneHzbQ3Tcw2PZgN9Khr7dDAPBJQx
Signature: No but will update it right away if selected for the campaign.
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The bitcoin is still lacking from its existence an there are many reasons behind this and i think the major reason is lack of education, lack of knowledge among the people, traders and also employee and workers who are already working in any cryptocurrency firms. Actually many people don't know about the blockchain technology and about the bitcoin crypto transaction in detail and this can be solved by giving proper education on cryptocurrency and by giving exact knowledge about trading and mining those cryptocurrencies. Even the employee working in crypto firms are not aware of the crypto technology and they can't explain how the process moves on.  |
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Yes, even I have tried this method and found that people are really aggressive and mad when I approached them and talk about the bitcoin and about the crypto market. But when I don't get any results I just leave them and I change the topic because there is no use of talking to people who don't listen to our words. Apart from these I also share my results and my portfolio's track record to other people using social media accounts like facebook, twitter, Reddit, and Instagram and by this way, some people get convinced but there are some people whom you cannot convince for any reason so you can leave them and there is nothing wrong in that. |
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Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it
Hi, sir do you really want to learn trading then you first plan what is your capital amount which you would like to invest in Crypto market. Also, make sure that the investment capital is not a borrowed one because borrowed money will not make you a true trader as you will do tons of emotional mistakes using the borrowed capital.For learning and mastering the trading skills, you need to join any trading coach or any kind of training workshop online or offline. There are few online sites where crypto trading strategies are been taught online like Udemy.com at affordable prices by professionally trained mentors and I have personally got two courses from there and it was quite good. |
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The points you noted down are really good and i agree with your point of view. There are also many other reason people do not want to invest in crypto like People are scared and fear to invest in crypto because they have never heard some technology like this ad they have never used any kind of technology similar to this crypto and this is the major reason for people not to invest in crypto. Also because of this big volatile movement, people have already lost a big percentage of the amount and this is the reason they never choose crypto market as a place of investment. They would like to invest in Mutual funds, Stocks, and government bonds rather than the crypto market.
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I got in at the all time high in Jan. lost half on most coins, and panic sold 2 weeks ago with portfolio underwater 40-50%; now all coins are coming back at least 20-30%;
What's done is done, can't go back time to change it...my question is what to do now? Even after the loss, still have some coins left and wondering what to do with them...
Just hold it and do nothing is not an option because cost basis is too high. Need to find the next ONT etc - Willing to consider anything including ICOs (either NEO-based ICOs or ether-based ICOs).
Well, you have really done wrong entries and you managed them with wrong approach and mindset. You should have managed your trades with a proper plan and with the right approach. Now whats gone is gone and you can't change it now so better focus on what you can do in much better way to get some profit or at least make the loss minimal.You can hold the other coins if you wish to hold them because right now the market conditions are doing good and we can expect a new uptrend to start soon. You can also find some good Ether based projects whose value is really high and worth investing over there. |
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Hey guys, I have been trading altcoins and getting awsome results.. i'm a day trader, with a good forex background. I was trying to find out a way to get the initial investment.. Take a loan is not a option i guess, because it could increase the pressure in making money which could result in negative results.. I can even prove my skills for people interested in investing but I have never made it. I mean, invest peoples money with slave accounts and all.. Its just what i was thinking about.. What do you guys recomend that i should do to get this initial investment?
Sir if you are really a good professional say trader then why don't you arrange funds from your friend's circle, parents, Relative and Neighbours who believe you and can lend you at least $1000 to $2000 as a loan and you can give them back once you gain profit from your invested capital. I don't think approaching this forum member and requesting them any kind of amount as the loan will not solve your problems. You better maintain a track list for every trading year so that you can show your track record to those financiers who are interested to do the trading business with you. If you are really talented then you will surely meet success in your life. |
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