Recently I asked about day trading tips on this forum and got really nice response. Some one introduced me to Voodoo day trading community where I found perfect atmosphere to learn day trading and technical analysis: https://discord.gg/yBmNzRm I have spent last whole week in the free channel in the group and learnt some interesting tricks and earned a decent amount of money. Although free channel has helped me immensely so far but it feels like to reach the next level, I have to join paid channel. I wanted to ask that is it worth to pay for learning day trading or I could found free stuff instead? This forum has been a great help to me in past. I hope I will get some valuable feedback this time too. I think that in order to be able to successfully transact, one must have a precise trading plan and strictly adhere to discipline in order to be successful. You can see that the market is fluctuating continuously and difficult to guess, bitcoin prices are constantly adjusting and still keep the momentum of recovery. Please analyze the exact combination with market information and always follow bitcoin prices when trading. |
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please tell which is best coin for long term investments
[/b][/i] I think that at this point you can not invest in any coin anymore, you can see that although bitcoin prices in recent days are recovering very strongly and the market is showing signs of uptrend in the short term . But in terms of long term the market is still in downtrend so I believe you should only invest short term at this point. |
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ICORating has launched a new section on our website dedicated to cryptocurrency exchanges. In our new section, users can find information on all of the world’s major crypto exchanges, including daily trading volume, listed token pairs, country of origin, social media accounts, and other useful facts.
In connection to our launch of the our new cryptocurrency exchange website section, we’ve prepared a map of the countries where the biggest crypto exchanges by trading volume do business. According to data on July 25, 2018 collected from CoinMarketCap, only four territories handled 24-hour trading volumes over one billion USD on July 25: the Seychelles ($5.5 bln), Hong Kong ($2.3 bln), China ($1.95 bln), and the UK ($1.48 bln). Each territory was dominated by one exchange that accounted for the bulk of trading volume: BitMEX in the Seychelles, Binance in Hong Kong, OKEx in China, and Huobi in the UK.
Exchanges in both Singapore and South Korea handled just under one billion USD each, with Singaporean exchanges processing $962 mln and South Korean exchanges processing $916 mln in 24-hour trading volume. The territories with the largest daily exchange volume in the Americas were the British Virgin Islands ($455 mln), the United States ($373 mln), and Canada ($274 mln). Apart from the UK, the European territories with the largest daily exchange volume were Estonia ($206 mln), Russia ($145 mln), and Malta ($119 mln).More details are here:https://goo.gl/56YwUz You can see that at different trading platforms, the trading volume varies, depending on the market capitalization of large or small, focused and attract many investors or not. So I think that at this point you should choose large trading floors to trade because large trading floors will have high liquidity and you can easily complete the transaction. |
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We are in a bear market, (granted, it's easing up a bit), but it's a huge dip, since we had the $20,000 ATH hit sometime in December 2017. So here are the Silver linings in the dark clouds..
More FUD resistance. Well consider this just like a vaccination. We all have that Fever that follows vaccines. But the good thing is it shoots up our resistance, our nerve. To handle bad news
Okay, at least with passing time, we are seeing less of useless forks. Why? I truly believe by next bull run, most useless forks will fail to gain use and market shares and would eventually drop off, and original ideas will dominate
No more shitcoin. Coins like bitcoin gold, diamond, platinum, sapphire, ruby etc etc. If this market continues for a 1 more month, we would be rid of shitcoins.
No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Mass adoption. Technology will advance. I With tech advance we will see adoption rates going up. Technology like Ripple, Nano would get some look-ins
The real HODLers would be shown. And this would show peeps that really believe in projects. Not just 'get-rich-quick' guys
I believe the bears market is a good one, it makes us more difficult to trade, more successful, if the transaction fails, the damage will be huge. You can see that the market is still in a bear market in the long run and with a market without it it is hard to know where the price will fall. So I'm looking forward to the bull market so that we can trade successfully and easily and earn a lot of profit. |
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I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
You can see that with a market that is in a bear market in the long run, successful trading is very difficult, you need to have a lot of experience, accurate analysis combined with market information to be able to Have the most accurate trading plan. Therefore, the loss is very easy to happen, when the bitcoin price increases and the price of altcoin is very strong, I believe you need to observe more and more to be able to trade successfully. |
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At first, new traders should concentrate on learning about trading, instead of trying to concentrate on gaining profit. Once, they gain sufficient experience then they can make good profit.
I believe that this time is very suitable for new entrants to enter the market as you can start trading, you can see that bitcoin prices are constantly recovering and at the present time high bitcoin prices will be able to return to the $ 8800 mark. So this is a very good time for you to start buying bitcoin and trading altcoin. |
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What is your recommendation for Crypto trading, Day trading or HODL
Experience in crypto trading big loser or winner
Day trading is the best choice at the moment, it can be seen that bitcoin prices are continuously adjusting and fluctuating, the market is still in the cycle in the long term despite the bitcoin prices are rising very strongly. in the past days. Therefore, I believe you should only trade the day, hold bring very high risk for you, if the bitcoin price drops you will damage very heavily. |
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Hello people!
Was looking at CMC and was wondering few years down the line what we will be able to see in this list and how long it will be?
Reality is we are very early in this industry and the pace at which projects are coming up and the technology is changing does anyone believe in HODLING cryptos anything other than Bitcoin and Ethereum?
I feel it's a buzz word used to create a FOMO effect
I believe at this point you should not continue to hold, can see that bitcoin prices are constantly adjusting and only uptrend in the short term. The price of the altcoin is constantly decreasing, so I think that if you hold and special hold long term will be heavy losses. At this point you should only invest in the short term. |
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Bitcoin surges to $8500. is it ready for a bull run? what can we expect at the end of this year?
You can see that today the price of bitcoin is constantly increasing very strong, the market is recovering very strongly, the current from the altcoin is being poured into bitcoin. Bitcoin prices are at $ 8200, adjusting slightly to keep rising. I believe that with this recovery phase, bitcoin prices will be able to return to the $ 10000 level in the near future. |
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as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
I think that if you constantly observe and follow you can see that the exchange rate between bitcoin and the dollar is always the opposite, the dollar is rising, the bitcoin price down to bitcoin, the dollar fell. The market is volatile and unpredictable, so I believe that at this point you should only invest in bitcoin and the crypto market, we are prepared to face the economic crisis. and can not know what can happen. |
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You can see that selling altcoin and buying bitcoin is the trend of the market at the present time, it can be seen that bitcoin prices are constantly fluctuating and increasing sharply in recent days, which atcoin is being poured on bitcoin This is causing the price of altcoin is down in the past days and bitcoin prices are increasing strongly. So you should sell altcoin and buy bitcoin at this time. |
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Today, the Internet World is full of people who are called economists who say bitcoin is a "bubble." they seemed to spread fear, uncertainty, and doubt. They say that the bitcoin high price rally will be a disaster. however, it looks like they just hate cryptocurrency. many of these experts do not fully understand bitcoin.
Bitcoin is special. This is not a company that can lose profitability and fail. This is certainly not a speculative real estate scam that could collapse due to government and bank fraud. Bitcoin is something else. Its value does not increase due to market lies. This is increasing because it is a life-changing financial discovery. This increases as more people adopt it.
Bitcoin also grows as a result of basic economy. Its supply is limited to 21 million units and this certainly makes assets scarce. If something is scarce and many people want it, then, its value will eventually increase.
So.. Bitcoin is not Bubble!!
I believe the bitcoin is exactly the bubble, you can see that the bitcoin price has risen sharply and reached $ 19800 at the end of 2017, but only days later bitcoin prices have dropped sharply and at some point touching $ 5800 mark. You can see that the market is bearish in the long run so bitcoin prices will likely continue to fall sharply at any time. I itn that bitcoin price will fall to the $ 4000 mark at the end of 2018. |
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Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?
You can see that the current bitcoin has no effect and much impact on the world economy, with capitalization less than $ 300 billion, bitcoin in particular and the crypto market in general is too small to compare. Compared to stocks or Forex, so I think you can completely rest assured to invest in bitcoin because bitcoin will not be affected by the coming economic crisis. |
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A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC
I think that if you are going to spend bitcoin then you should forget that, you can see that bitcoin prices are very volatile now and there are very few countries in the world for legal traffic. If you need bitcoin at this point the risk will be very high and its value is starting to drop sharply from early 2018. That's why I think you should not keep bitcoin. |
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I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.
Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.
In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.
What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
I think in the long run, the crypto market will continue to fall and will fall sharply. Bitcoin is in a bear market in the long run so it will drag down the market and we will have to face the global economic crisis and escalating inflation, which also has a big impact. to the crypto market and will make the market continue to fall sharply. |
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Bitcoin price seems to be taking u turn. Few months back it fell from the heights of the sky, if not to the depth of the sea; but certainly to the levels of earth. Many investors burnt their fingures in this dive. Many new investors have to face big loses which they hope to recover when price rises. I have little experience in stocks markets and the circumstances here in bitcoin / crypto currency market are not much different. So I share my views here. May be some members having better opinions / views / experience; are welcome to share with all' Now after long recession in the market; bitcoin has started looking upwards. In my opinion this is the time when one should enter in the market. If you are interested in medium term investment; you should start now. Because once the price rise to higher levels coins will be costing you higher. First of all this market is full of speculations. So you may gain big profits but at the same times be ready for loss. Check your surplus funds which if lost does not affect your daily life. And you are able to meet your daily expenses without burden. Never use borrowed funds ; because time of return is not fixed. You may gain in 15 day and it may take months to gain that much amount. Never pledge / sell your home at any cost; because home is must to live in but without bitcoin we can survive. I am noting this point here because on many occassions I read few posts asking "Shall I sell my home to invest in bitcoin". Now suppose you are capable to buy 10 bitcoins with your surplus funds. You buy it suppose @ $7 k means you spent $70k for buying plus charges. Now you just keep pateince. Because it seems start of bull run; just keep watching. Suppose the prices crosses & 14k in the month of December this year. The best action as per my opinion will be you just sell 5 btc @ 14k and cover your entire investment. Now the remaining bitcoins in your wallet are just free for you. You are free to take any type of risk with these bitcoins. One more point need to be noted is ; never put all the eggs in one basket; invest prudently in diversified portfolios. Your comments welcome; All the best wishes to all the friends on bitcoin forum  . Pardon if I am wrong At this point I think you should only invest in short term and just buy bitcoin at this point, you can see that the market is bearish in the long run. The price of bitcoin and altcoin is constantly changing and difficult to predict, the current time market is moving hard to guess so you should only short-term investment in bitcoin. |
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Daily trading is more dangerous than hodl. you can lose big amounts easily in daily trading. it's riskier than hold. but if you have daily trading knowledge, you can make good profits.
but, If you don't have the knowledge about day trading, I suggest HODL.
I think you should only trade day and should not hold, especially long-term hold. You can see that the market is in a bear market for a long time. Bitcoin prices are recovering for a few days, and altcoin prices have fallen for several days. So you should not keep altcoin in the long run it would be very dangerous if you did not have enough capital to get DCA. |
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I believe that at this time you should only invest in bitcoin, can see that the market is fluctuating continuously, bitcoin prices are constantly falling, but altcoin prices are falling very deep and I think if bitcoin prices are the price of altcoin will continue to fall deeper. So I think that at this point you should only invest in bitcoin to reduce risk. |
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I have got a few spare bitcoins.Please suggest a trustworthy site where I can invest them for some profit.
You can see that in today's bitcoin prices have started to decline after several days of consecutive increases, so I think you should not buy bitcoin at this time. According to my analysis, the bitcoin price may fall to $ 6800 and then rise again as this is a very strong support level, so you should be patient to wait for the bitcoin to fall below this level to buy. |
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Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
I think that at this point you should stay out of the market, I see that there are not any potential coin you can buy at the moment. You can see that the prices of bitcoin and altcoin are going down dramatically, I think this time you should plan to buy bitcoin when prices show signs of recovery. The next milestone you can buy is bitcoin at $ 7000. |
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