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61  Economy / Trading Discussion / Re: Will you trade Bitcoin to buy Altcoins? on: July 08, 2018, 03:15:59 PM
I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.

It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.

Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.

But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.

After all it is important we make money on a regular basis apart from the long term investment isn’t it so?
I think that at this time we should trade bitcoin, can see that bitcoin prices are slightly adjusted to about $ 6600 and are tending to decrease, if the $ 6400 level is not broken, bitcoin prices will return. on the $ 7000 level and if the $ 6400 level is broken, the bitcoin price will fall to the $ 6000 level. Therefore, I think that you should not altcoin trading at a time when it would be very dangerous.
62  Economy / Speculation / Re: Bad news for Bitcoin on: July 08, 2018, 01:45:36 PM
If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
I believe that the price of bitcoin will probably continue to fall further by the end of 2018. You can see that the market is fluctuating continuously and it is hard to guess, bitcoin prices are constantly decreasing and consequently the price of A lot of altcoin drops deep. The market is slowly falling into the mainstream crisis so I think at this point you should not invest long term into bitcoin.
63  Bitcoin / Bitcoin Discussion / Re: Are bitcoins valuable? on: July 08, 2018, 01:36:26 PM
In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?
I think that in terms of actual value, bitcoin has no value, you can see that there are very few countries that recognize bitcoin and give bitcoin traffic legally.

Bitcoin is a very new thing so the government is hard to control and there are no relevant laws. So in my opinion bitcoin does not have a real value.
64  Bitcoin / Bitcoin Discussion / Re: Can you wait to prove them wrong about Bitcoin? on: July 08, 2018, 01:30:05 PM
I think a lot of people around us has told us that Bitcoin is a FAD or a SCAM or a Ponzi scheme.

Some of our closest relatives have told us to SELL before the BUBBLE will burst. {guess we hear that enough?}

The media is telling everyone that Bitcoin is the tool of criminals and terrorists and child pornographers and paedophiles.

Most of these people are not invested in Bitcoin, but it looks like they are looking for reasons to attack it.

How many of you want to prove them wrong? I sometimes look at these people and I think... WTF are you on about?

I seldom bring up the subject anymore, because everything coming out of their mouths are negative. The only time when they

are interested, is when the price hits a all time high. Then they want advice to invest in Bitcoin and when they buy at the ATH,

and the price drop with 10%, then they panic sell....lose money....blame Bitcoin. I am sooooo sick of this.

I hope we can finally prove them wrong in the near future, because this is definitely getting under my skin now.  Roll Eyes
I believe the bitcoin bubble has been breaking up, you can see that since the peak in late 2017 when the bitcoin price is reaching $ 19830 then the current bitcoin prices are constantly falling and is correction at $ 6700 mark. The value of bitcoin has dropped by almost 70% within six months, I believe that at this point the market will continue to fall further and bitcoin prices will reach $ 1000 by the end of 2018.
65  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What coin to invest? on: July 03, 2018, 10:15:29 AM
Hello. I started trading a few weeks ago and i lost about 80% of what i invested (I invested in TRON, Ripple and Cardano). I started with 100 dollars and now i only have 22 to invest. I know its very little but im from Portugal Tongue and don't have more money to invest.
Can someone please give me some insights or strategies?

Thank you in advance and i'm sorry if this is something i shouldn't do.
Good trading you guys!
I think that at this point in time to be able to minimize the risk and be able to make a profit safely you should only buy and trade bitcoins, the market is fluctuating constantly and all are moving. The tendency of bitcoin pricing, just a small fluctuation of bitcoin also makes the crypto market turn over. So I think you should just invest in bitcoin.
66  Bitcoin / Bitcoin Discussion / Re: FUCK! The Bitcoin is dead again. This time for sure. on: July 03, 2018, 09:52:21 AM
Large groups of well paid, organized, funded professionals with clear objectives and good management - (like R3, hyperledger, ethereum, others) are sure making those Core programmers look like the silly little whiny bitches that they are.  Core is going NOWHERE and getting there pretty damn fast.  Meanwhile, very sophisticated advance is being done every day in other part of crypto/blockchain.  

This is 100% the end of bitcoin as we know it.  Good thing too.  This 'open source', 'no leadership', 'no organization' thing was always a load of bullshit.
You can see that the price of bitcoin in the past few days is showing signs of a slight recovery and is currently correcting at 66004. I think that as you think bitcoin is dying, it can be seen that bitocin price since reaching 19800 $ has fallen sharply and currently only $ 6600.

I think that at this time we should only trade short-term by day and always have a plan when trading to minimize risk when bitcoin prices continue to fall deep.
67  Economy / Service Discussion / Re: Bitcoin Banknotes on: July 03, 2018, 09:39:51 AM
As the popularity and value of Bitcoin increases so do its adoption. Recently, about 4,000 new ATMs were introduced in Argentina. A drastic transformation in this sphere is being brought by Tangem that is trying to make the cash like transaction through cryptocurrencies a possibility for the users.

Tagem, a new smart banknote platform is launching the bitcoin banknotes in Singapore, which is known for its blockchain and crypto favorable regulatory measures. The notes will be on sale at the Megafash Suntec City store. The aim is to mass produce the physical notes of bitcoin in millions by the end of 2018.

Continue reading: https://coingape.com/bitcoin-banknotes-ready-to-replace-traditional-currency/
I think it is not a good thing to do and that will be a big step backwards that hinders the development of society. If we use paper money, we invisibly fight against the 4.0 revolution and are moving backward with the development of society.

Therefore, I believe we should not issue bitcoin paper money, even technology can throne and we can transfer easily.
68  Bitcoin / Bitcoin Discussion / Re: The truth about bitcoin on: July 03, 2018, 09:34:18 AM
To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



I think that at this time we can hardly predict the future of bitcoin, the market is constantly fluctuating and difficult to predict, bitcoin prices are constantly adjusting and down more than 70% during the past 6 months . I believe bitcoin prices will probably continue to fall sharply from now until the end of 2018 and may fall back to $ 1000.
69  Economy / Trading Discussion / Re: Who believes in HODLING? on: July 03, 2018, 09:27:10 AM
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
Keeping the coin at this point I think is very risky, you may find that although the market is showing signs of a slight rebound but may find that the rebound is not strong and bitcoin prices may drop at any time. So if you keep the coin at this time the possibility of high losses, you must always observe and track the bitcoin price while holding the altcoin.
70  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Time to Sell Altcoins on: July 02, 2018, 11:59:07 PM
Hy guys. Most of the time I use to trade with altcoins and I use to sell altcoins when they are above ICO price and giving some profit. I do not hold atlcoins for long time. What if you have some altcoins, what will be your strategy to use that coins? Is there any specific best time for every altcoin and when it is going well and we should sell ?? 
I think you should not sell altcoin at this time. According to my analysis, the price of bitcoin can continue to increase and you can keep altcoin to get the most profit. The market is bearish in the long run so I think that after touching the $ 7000 mark the price of bitcoin will fall and that is the time for you to sell altcoin.
71  Economy / Trading Discussion / Re: Bitcoin Trading Strategy. on: July 02, 2018, 11:35:31 PM
I've posted this on someones post before, but I will post it again here for everyone to see. I can't tell you not to be not to be emotional when prices are fluctuating fast, because we've all had some kind of emotion when prices are volatile. This can potentially be an expensive process you will learn. The market, in most cases, will eat new fish alive. Let's just call it how it is. If you're new, and actively trading, you're going to get rekt sooner or later, over and over again, it's just a part of the process. You know not to put your life savings in, and go all-in on a trade, but, you do it anyways. AND you will learn from it, for the better or worst. Worst being high probability. Money itself is very sensitive to people. But try to understand, prices move up and down. If you're new in this space, and came in during the media attention hype, get ready for an emotional roller coaster. If you stick around, and actively engage in your investments consistently, for a healthy duration of time (about a yr) you'll have a better understanding of the market and how it works. You get to watch the new fish get rekt.
One of my trading strategies is geared towards swing trading.
You should somewhat engage in your investments, and you should have a disciplined strategy You have skin in the game, why would you neglect your investments? At least have an entry/exit or accumulate plan. This strategy can go 100 different ways, but I'll try to keep it simple. Like I've said before, this is geared towards position trading. This is one of my strategies to protect myself from harsh retracements. For this strategy, my plan is to preserve USD so I can pay myself, and take profits, hedge into other stable assets and so on. Take a look at the simple charts of Gold/USD and Bitcoin/USD on the 4 hour chart, Bitcoin's price volatility is obviously greater than Gold. When Bitcoin rallies over 20 - 30%, it would be a good, probable decision to hedge into Gold or any other stable investments with your BTCUSD, based on historical price patterns. Nobody knows where Bitcoin's price is going to be in the future, nothing is certain in crypto, but based on historical data, in a broad picture, BTC has gone parabolic, been through 6 bubbles, had nearly a 50% correction from 20k to 10k and gaining mainstream attention rapidly. We could speculate the "what ifs, how's and why's all day long, but at the end of the day, if your skin is in the game, you need to engage and protect your investments. You'll make mistakes, the market is designed to be unpredictable. Crypto is still new, insane and volatile. Bitcoin is up over 30% since New Year's, why not throw a little into Gold? I'm bullish on both XAU (Gold), and BTC, but BTC's retracements are more harsh compared to XAU. This is just a strategy I'm personally using. I'm not all-in, and out on this strategy. Do not blindly take my advice, and go all in. Consult with other people who are experienced in the the markets, verify, research, and come to your own consensus. Good luck to your investments and journey
At this point you should only trade short-term bitcoin, you can see that this time the market is very exciting when bitcoin prices are rebounding and according to my analysis, the bitcoin price will probably reach the $ 7200 mark before when adjusted. Therefore, you can buy bitcoin at this time and only short-term trading on a daily basis so that you can reduce the risk if the bitcoin price goes down.
72  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What coin to invest? on: July 02, 2018, 11:21:59 PM
Hello. I started trading a few weeks ago and i lost about 80% of what i invested (I invested in TRON, Ripple and Cardano). I started with 100 dollars and now i only have 22 to invest. I know its very little but im from Portugal Tongue and don't have more money to invest.
Can someone please give me some insights or strategies?

Thank you in advance and i'm sorry if this is something i shouldn't do.
Good trading you guys!
I think that at this point if you want to be able to earn a profit safely, you can trade bitcoin, and if you want to make a lot of money, you can invest in altcoin. The market is recovering very strongly and became very exciting as bitcoin and altcoin prices have been increasing steadily throughout recent days. This recovery has caused the market to recover slightly, but I think only in the short term.
73  Economy / Trading Discussion / Re: Suggestion for trading on: July 01, 2018, 11:16:10 PM
do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
The market in recent days is showing signs of a strong recovery, bitcoin prices have rebounded to $ 6500 and are now adjusting at $ 6200 level, according to my analysis, the bitcoin price will be able to continue. Sharp increase in the coming days and may reach the $ 7000 level. So at this point you can be confident in the altcoin deal that too much drift to the bitcoin price will decrease.
74  Economy / Trading Discussion / Re: Bitcoin Trading Strategy. on: June 30, 2018, 11:35:02 PM
I've posted this on someones post before, but I will post it again here for everyone to see. I can't tell you not to be not to be emotional when prices are fluctuating fast, because we've all had some kind of emotion when prices are volatile. This can potentially be an expensive process you will learn. The market, in most cases, will eat new fish alive. Let's just call it how it is. If you're new, and actively trading, you're going to get rekt sooner or later, over and over again, it's just a part of the process. You know not to put your life savings in, and go all-in on a trade, but, you do it anyways. AND you will learn from it, for the better or worst. Worst being high probability. Money itself is very sensitive to people. But try to understand, prices move up and down. If you're new in this space, and came in during the media attention hype, get ready for an emotional roller coaster. If you stick around, and actively engage in your investments consistently, for a healthy duration of time (about a yr) you'll have a better understanding of the market and how it works. You get to watch the new fish get rekt.
One of my trading strategies is geared towards swing trading.
You should somewhat engage in your investments, and you should have a disciplined strategy You have skin in the game, why would you neglect your investments? At least have an entry/exit or accumulate plan. This strategy can go 100 different ways, but I'll try to keep it simple. Like I've said before, this is geared towards position trading. This is one of my strategies to protect myself from harsh retracements. For this strategy, my plan is to preserve USD so I can pay myself, and take profits, hedge into other stable assets and so on. Take a look at the simple charts of Gold/USD and Bitcoin/USD on the 4 hour chart, Bitcoin's price volatility is obviously greater than Gold. When Bitcoin rallies over 20 - 30%, it would be a good, probable decision to hedge into Gold or any other stable investments with your BTCUSD, based on historical price patterns. Nobody knows where Bitcoin's price is going to be in the future, nothing is certain in crypto, but based on historical data, in a broad picture, BTC has gone parabolic, been through 6 bubbles, had nearly a 50% correction from 20k to 10k and gaining mainstream attention rapidly. We could speculate the "what ifs, how's and why's all day long, but at the end of the day, if your skin is in the game, you need to engage and protect your investments. You'll make mistakes, the market is designed to be unpredictable. Crypto is still new, insane and volatile. Bitcoin is up over 30% since New Year's, why not throw a little into Gold? I'm bullish on both XAU (Gold), and BTC, but BTC's retracements are more harsh compared to XAU. This is just a strategy I'm personally using. I'm not all-in, and out on this strategy. Do not blindly take my advice, and go all in. Consult with other people who are experienced in the the markets, verify, research, and come to your own consensus. Good luck to your investments and journey
You can see that bitcoin prices are constantly fluctuating and falling sharply during the recent period, since reaching the $ 19800 mark, the bitocin price has continuously dropped and has reached the time of $ 5600 level. I believe that the market is bearish in the long term, so to be able to trade successfully at this point is very difficult, you could lose a lot of money if bitcoin prices fell sharply. Therefore, I think that at this time we should only trade short-term by day and most safe trading bitcoin.
75  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why do altcoins follow bitcoin? on: June 19, 2018, 10:56:26 PM
Why is it that the moment BTC starts to sway, the other coins follow suit. It would be hard for everyone to sell that much at the same time. It seems beyond just panic selling. They seemed to be directly linked. Inf-fact, BTC going down should increase and encourage altoins as they raise in value compared to BTC as it falls so why this uniform sell off? Something seems weird about that to me. Any real theories, or explanations?
You can see that the adjustment of bitcoin prices greatly affects the altcoin and the market, only a small fluctuation of the bitocin price can cause the market to swing and the price of altcoin can be greatly reduced. So when you trade altcoin you always have to keep track of bitcoin prices, I advise you to only trade when the bitcoin price goes up or is rising.
76  Economy / Economics / Re: China tells people to buy gold & silver on: June 19, 2018, 10:42:07 PM
Some major events as seen by China.

More....

It turns out that there is also “advertising” for gold and silver in China, too. The big difference here is that it is China's government which is advertising the “opportunities” in gold and silver and it is urging the Chinese people to buy gold and silver.

An article from mining web-site, Mineweb quotes a program which appears on China's largest (state-owned) television company, promoting bullion-buying in general, but stressing that silver is currently the best value for investors (no surprise to regular readers):

https://seekingalpha.com/article

Chinese government told/encourages its citizens to buy gold and silver in 2012.

The market is falling into recession and crisis, bitcoin prices are constantly decreasing, the world is going to war between the United States and Russia, the above indicates that the economy around the world is gradually falling. The crisis, the price of bitcoin fell sharply, the stock is also plagued so we will find the most valuable and safe objects to invest that is gold. Gold is always valued and is recognized by everyone, can buy anywhere.
77  Economy / Economics / Re: Bitcoin's High Volatility on: June 19, 2018, 10:27:49 PM
As far as i know bitcoin has a high volatility given the fact that it is in demand in the market but i did not expect hat it is so high that it can really go from 1-100 and 100-0.
I want your insights about this volatility of bitcoin.
Bitcoin prices are fluctuating strongly in recent days and are in the long-term downtrend. Only a slight fluctuation or correction of bitcoin also causes the market to fluctuate dramatically. With a volatile and volatile market, you should only invest and trade in the short term to reduce risk and make a profit in a safe manner.
78  Economy / Economics / Re: Speculation on BTC on: June 19, 2018, 10:21:48 PM
I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.
Of course, at this point in time we should only speculate in bitcoin, you can see that although bitcoin has great applications and great value for human life, in fact, bitcoin is still Not recognized by many countries and considered legal. So in fact bitcoin is still virtual and has no value for human life. I believe you should only speculate on bitcoin and long term investment should not be.
79  Economy / Economics / Re: Why the price of bitcoin rapidly going down on: June 19, 2018, 10:15:15 PM
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
You can see that the bitcoin girl has peaked and jumped by the end of 2017 when it hit $ 19800 and then plummeted to $ 6700 at the current time in just six months. I believe that the strong decline of bitcoin is due to the fact that people have recognized the exact bitcoin as a bubble, bitcoin prices are fluctuating sharply and echoing, bitcoin prices drastically reduced the fearful crowd and sold off bitcoin bitcoin prices continue to fall sharply and bitcoin bubbles are starting to break.
80  Economy / Economics / Re: Low BTC price is good for Bitcoins at the moment. on: June 19, 2018, 10:08:26 PM
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I think that the price of bitcoin continuously adjust and decrease in the past few days is not good, people always say that to bitcoin prices can increase is first to reduce but you can see that bitcoin prices are down is deep and has dropped more than 70% of its value since late 2017 when bitcoin price reached $ 19800. The market is falling into crisis and I believe you should be very careful when trading.
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