I personally believe that since I am involved in some other activities, I can not give the required time and flexibility which requires for the short term trade but as I can always take some time out of my schedule, I can use that time for research and it helps me to determine long term investment plans. As far as my experience is concerned, a newbie should take his time and start investing for the long term where he always has the opportunity to restructure his investment as per his knowledge and research which is usually difficult for a newbie to do in the short term.
but in my opinion a beginner is better off trading short term, because it will make him more time to learn directly and hone his skills, if he often interacts with the market, he will find out more quickly about market conditions. I think long term trading will beneficial more than daily trading because daily trading had lot of work to do but long term trading will not be like this in daily trading the tensions are most important thing for us that's why saying this. There is no thumb rule for trading and thus a trader can learn to trade in the short term as well as in the long term. However, when a new person enters into the market and starts trading, it is the period of excitement without much experience and knowledge about the market. I have observed that new trader often believes his initial results and assume it as benchmarking situation which is not true at all. Every trade is unique and hence some disappointments in early trades might destroy his interest in trading whereas having the larger timeline for trading can give some experience of the market and new trader gets time to settle. I think the long term trading will be there right way to get more useful for our future but that daily trading is also profitable but the enough money will not be make able to survey our life but it depends upon the situation so we can definitely choose either short term or long time investment. Maybe it's a great mindset to pick either of two types of trading, but for me much better to keep your coins discreetly and don't ever be a weak handed person. Possibility I may praise those who sell for good, but I won't for those making fun of trading. Most of day traders whose newbies cannot withstand a good fight, and always tend to lose by dumping their asset quickly so it made the price to crash. |
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The bear market has been running now for so long, and yet the market still not totally recovering, and I don't see any sign that it will begin to shine again, were every holders are waiting for this things too, they could probably sick tired of waiting for it, but of course we shouldn't be give up let us extend more our patience, I now our hard work of waiting for the bull run will really come to us soon, stay hold on guys!
Right, we are still in the bearish sentiments as of now and it will took months to really get out of this condition. And yes, we shouldn't let ourselves be carried away by this bearish trend. This whole crypto investment is based everything on how mentally tough we are. If you're looking for a quick buck then this crypto investments. Just remember those early adopters who just hold for many years and still holding as of today. I agree on that, I believe that market will not really fall till the end sometimes it will also rise up high and we only need to wait foe this amazing rise. If we can have more patience and wait till the near trend end we can possibly earn a huge amount of profit. Buying more coin in this dip is really a big advantage for us because it can less our risk and it can really make everything simple. Of course mate there's a lot of patience to work out, but for the main time it took more months to wait which made lots of people discourage. Somehow it's an alarming issue for other group of people, and many weaker hands became quick dumpers. I wasn't having a confident for now seeing bear time to end that easy, because people always think of earning fast rather than letting their asset grow bigger as they hold. |
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I lost more than 50% of what ive invested since last year, and it keeps on losing this year. I dont know how far i can hold this, im pissed off and ready to sell my holdings anytime in this boring market.
I understand how you feel mate, and relating to your sentiment right now I can also figure it out. My holding also was having slow increase and in fact the market was really having bad movements right now. However I am still positive that we will experience good market soon, but for now it's an impossible thing to happen yet. We need to have more patience to maximum tolerance in order to achieve our goals, because dumping our asset is showing our weakness without facing struggles. |
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For us to become a good trader we should be able to learn something new all the time and don't ever hesitate to seek help from those successful friends. We can't live all alone, because we need someone to communicate with and gather helpful ideas in order to become successful. Having good mentorship is one way to deal with your trading needs and a good formulas to achieve secure and profitable trading activities.
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At this time we are in january 2019 so no lot of trade news for now but some of altcoins get pump right now. But ethereum's price get pumping right now for its price.
With ethereum's journey I guess it's full of hardships right now, but alongside there could be a possible spikes soon. This year will be a reverse scenario compared from 2018, and hopefully all the struggles will be surpassed in quicker time. Furthermore, patience is the best key for us in order to survive. I want this year to be more important because of the last year will teach lot of us how to become a trader in cryptocurrency field that's why this year is so different for anyone who are using trading that their way of money making and job this year very important to get back their profitable amount soon. |
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It is hard to predict price but bitcoin as a master can easy go to 12k buy end of this year. I am realistic and not romantic that where i see the price. What price you predict btc will be by end of year.
All try to guess how much BTC is gonna grow this year but it's better to think how much it's gonna fall. BTC may reach another bottom which is $3,500-4,000 and set all the worst records by December. Thus, it'll balance the market after that abnormal growth which was last year Don't just give up for hoping that it will hit in december because there are still remaining days to come.I believe this is not the worst fluctuation for december because we're getting closer to explode again. Those people who give up will regret after explosion of price will happen, and it gonna be a huge change that we're going to experience. That will be in reverse to what current scenario right now. We must hope and wait for the price to initiate a much higher value in order to survive. |
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Having blockfolio monitoring is a good ways to handle signals in order to be part of the good trading guides. It serves as our reference for future trading and hold those trusted coins and sell when it rises at good value.
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The price of bitcoin is probably not going to raise at the beginning of the next year, there are no good news coming out of bitcoin or from other sources that makes me think we are going to see a fast recovery but this is something that I like because I am not happy with the amount of bitcoin that I have and I could easily get some bitcoin for cheap during this time.
Let's not depend on how the news bring a positive thoughts, because most people from previous months was affected drastically with the news which gave them worst decisions that made them pulling our their assets. The regrets falls unto them due to that negative news, and don't expect any good news to come, but rather analyze the market based on the actual facts. |
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Honestly, what do you think will happen with the market? no matter how positive I want to be, I think that lot of people (myself included) were waiting for the bull run to start this month, but we're already at 25 and there's still no movement, I think we should be thankful that btc hasn't continued to drop, but many projections have fallen apart when we're almost entering November and nothing of the bull run, what do you think will happen with the market at the end? we're finally seeing the beginnings of a stabilization? our goal should be mass adoption now that prices are stable?
What I am afraid of about the future is that there are too many coins, I do not know how this will go on. I mean just on coinmarketcap there are over two thousand coins listed and there are still some that is not listed there. I assume there is like three four thousand coins in total in the world. How in the world that happened I don't know but we need less coins. We need to make it more like a hundred or two in the number, max number should be like 500. All the rest is either worthless coins or definitely did not pull off what it suppose to and they are still getting volume from people for some reason. If you take out coinmarketcaps last 1000 coins and combine their volumes it would be a lot because it is 1000 coins and even 1 bitcoin volume would mean 1000 volume so I think it would be smarter if we had smaller number of coins and all those volumes went there creating a bigger volume for the real ones. If there's a lot of coins to be launched in the market, we had an opportunity to make a strong community. Market's future will become more brighter when people's demand could reach the top price and even it will be more expensive. People will still want this cryptocurrency and make it as their trusted asset that will provide them a good meaning,as they face life's struggles. |
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the current market situation is still very bad and difficult to predict. of course all Crypto residents feel the same way. the pressure on the value that goes down and exchanges that continue to dump impact on the mentality of every trader
That statement sounds really bad for me, and if I hear those words it made me lonely. But as a growing mature trader, I don't matter those happenings because I still need to stand uo against the challenges in life. In cryptocurrency if we lose that grip we ended up our biggest potentials in life. |
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Hello All, In this thread I'm going to detail how I trade Cryptocurrency. I've been trading Crypto for the past 6 months with pretty decent results. The strategy I use is based on a culmination of different techniques and knowledge I picked up in my time trading the Forex market, which is what I traded before moving to Crypto at the beginning of the year. There are two parts to the strategy..... The first part is what I use when the a large rise/bull run is taking place - (you can learn how to use this on my site - see below) And the second part is what I use when the market is slow or ranging/consolidating. My strategy is simple to trade but requires some explaining, so I'll be posting pics and doing analysis of different trades to help you understand why I took a trade and what you can do to begin doing the same. Lets get to it. P.S I've also started a website that has free information on Cryptocurrency trading. https://www.cryptotradingschoolonline.com/It's a new site, so there's only a few articles and things on there at the moment, but I'll be adding more articles to it in the near future, including ones that go into more detail on the techniques you'll see me use in this thread, so keep an eye open for them. Also, if you have any questions you can ask me on the thread or email me at liamcrypto123@hotmail.comThanks for sharing your trading strategy and technique this will be a big help for newbie traders like me here in crypto market. Continue to share and be a blessing to others. I guess the strategies he gave most of us here really provided many new traders a brief overview on how to become successful in the future of trading career. Not all who been posting here were trading, but randomly bounty hunters could read the topics like what our mate shared with us lately. All the resources is helpful and I do hope our mate will continue doing this with dedication and perseverance. |
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Do anyone here already bought or pay their mortgage using bitcoin or ETH? How did you do it?
Exactly with crypto is not available in my city, but some people already mentioned that they are paying by using bitcoin for their apartments, for me personally it's really usefull because it is another way to pay for house Personally I did that during those days I was earning great with bitcoin. That provided me enough money to pay the monthly bills I had, but for now my main job as a private company worker did all of that due down market. Not all the time it will suffice your needs, sometime you need buffers to hand over those finances. |
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I want to finally start using it in everyday life. It is quite difficult to live with the feeling that you have some active, but you can not use it for other purposes.
While seeing that the market hasn't gain an outburst price trend, I always prefer to hold and wait. With this strategy I may avoid any stressful situations checking upon the bad sides of crypto, which suddenly will affect my personal life that isn't intended to happen. Virtual community should be separated from daily living and always maintain a secondary priority as well. |
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For now I couldn't see any of that signs that bull run is establishing possible price surges on market place. But there were coins that has also gained good price standing in terms of demand on buy orders right now. Hopefully that would also be happening to bitcoin in the next further days, surprises will shock everyone when bull run will initiate an outstanding remarks.
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Im optimist for bitcoin performing well on the next 2008 chapter. It is a global asset that never sleeps, and you can move it across borders seamlessly may your country go full Cyprus on your wealth.
It depends though. Money on the financial market moves to the easiest alternative within the same legal platforms, which means that Gold will be the first to actually benefit. It's crazy liquid, easy to buy into, is globally respected and accepted as safe haven asset, etc. In this case a Bitcoin tied ETF would actually come in handy for legacy parties, because the switch is super easy to make, and they don't have to worry about storage and whatnot, which is a pain in the bum for them. If even a slight percentage of the money usually flowing into Gold will enter Bitcoin (could be for diversification purposes), you can be sure that we'll be subject to one of the wildest Bitcoin rides ever. The only downside of that is once the market calms down again and actually shows signs of recovery, most of the safe haven money will flow out of Bitcoin again, just like how it flows out of Gold. Yeah thats true, and I would expect younger people to move into Bitcoin during a recession rather than gold. And I'm sure some percentage of big money that moves into gold will go into Bitcoin instead. So I think you're right we could very well see a crazy ride with a likely stock crash and recession timed to coincide with the next bitcoin run. Perhaps it'll be like a perfect storm and everyone is looking for it to break $100k next bull run but it goes to a quarter million or higher at the next peak. As for the money flowing out after the run, well that is normal for Bitcoin so thats to be expected. That great if young people will become more motivated with cryptocurrency, and for my perceptions young people nowadays don't appreciated Gold anymore unlike the vintage days. However, the effect to the marketplace will always have to be in perfect time as btc price been erratically showing sudden changes which everyone couldn't expect to happen. Further improvements and developments continued to be pursued by some whales. For now we should exert more patience in order for our asset to grow for much sustainable profit. |
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we certainly hear a lot of people whose their lives change 180% because of Bitcoin based on https://www.livebitcoinnews.com/venezuelans-turn-to-bitcoin-and-online-gaming-to-survive/ when government policies make them miserable, they find ways to survive. Do you agree with Bitcoin is one of the saviors and are there any of us who have saved their economic lives since focusing on Bitcoin?and honestly, I'm one of the people whose economic needs have survived because of Bitcoin  Its like I called this "Blessing in disguise" since it really change my life, from nothing to something. I make money from nothing I mean I earn money from bounty. Thankfully there is someone who is the main instrument to learned about this, this is such a blessings. Bitcoin really change people lives especially financially. The blessings we had from bitcoin brought many lives a rewarding profit when it comes to financial matters. More people had great reviews from their experiences which gathered positive interest to those who seeks a better opportunities beyond fiat investments, that's been diverted to cryptocurrency. |
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Money is power, this is one of the main reasons why the governments detest crypto because the decentralized nature of crypto does not allow them to have absolute control over the finances and its transactions of the people.
Crypto is freedom and I agree that government couldn't intervene that Independence we had. Money always matter and I believed that country leaders is taking more personal interest due to decentralized cannot be put into their manipulations. Most of the corruptions started in the government so this cryptocurrency is the best diversion in order to be separated from fiat economy. |
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The craziest thing I have heard about betting is a guy bet with his wife when he ran out of money,so crazy right but even more that person lost that bet too and left her wife to the person who won the bet (maybe the person was happy for losing that particular bet ).I didn't witness it directly but I have heard it from my friends circle.So don't gamble to this level guys keep yourself in control while betting. Come on... I don't believe for one second that this is true, unless it's in some backwards part of the world. It's probably just meant as a joke or something or you're just talking out of your ass. Everybody has different crazy things over gambling and for your positions of it, that's your prerogative on the statement given by our mate. But I do understand that all of us who played worst in gambling cannot control the betting activities they had and personally I experienced it, that's why I have to listen on the cases like that. |
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There are a lot of good coins are available for holding.
but I think Btc is the best in this time and Eth is also good for long-term holding and some other coins are also good for long-term holding that are
etn
capp
hand
neo coin
pkg
bitcoin cash
On your list I highly appreciate NEO and Bitcoin Cash as these are the two Altcoin that has a tremendous amount of exchanges. The rest Altcoin I do not appreciate because there are not any highlights and the amount of 24h not too high. For me I would prefer choosing ethereum and bitcoin. With the other coins from bounty I may choose to sell them in order to hold whether eth and btc. This reasons is a great ways for us to choose the best holdings to prefer. |
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