Well, actually we learn about economy in every aspect in our daily life. But the experience we learned everyday is different from what will we get in the University. Besides, if you learn in University you will have a better perspective. Which is good for us.
Studying economics will develop habits of careful thought, the application of mathematics, and practice in clear writing.Economics majors are interesting people both because of their skills and because they can explain why economic phenomena occur and how economic performance might improve. Definitely when you know at such little age that what should be the profit ratio for something or some business that you are doing or your father is doing. What must be the lowest possible loss that can be affordable and how to manage it? How to get amazingly increased profit ratios for something. How to manage your own finances that you would be able to make good earning. |
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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  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! You'd better invest ib ETS and EOS. Also use cryptics's forecasts. So you will know when to buy or sell the coin. Investment is mainly depending upon your knowledge first, if you have knowledge of Altcoin then start with it to gains experience after which you will be able to upgrade to the Bitcoin or Ethereum with that experience. For short term investment Altcoin is the best choice while for long term investment Bitcoin and Ethereum are two best choices. However knowledge will make you able to go with these coins otherwise you may not survive. |
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I also think that people simply can not understand new technologies until they are applied in everyday life. All the new technologies caused ridicule of the majority of people, but now we use all these technologies, and those who laughed behind the times.
For this best option and best practice is to get hands on that thing. Plus, first learn better what these things are and what are they for. Because we have seen such huge accidents and miseries that happened just because people adopt new technologies and they were totally unaware of their importance and use. So that is just goodwill that people are trending towards technology. |
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because bitcoin prices are going down every day, people must have complaints about bitcoin prices, I'm actually very sad to see bitcoin prices now, I'm losing steadily when bitcoin prices are declining
That is right. But in my opinion, a true businessman will enter the market with a perfect strategy keeping all the down and ups of prices in the mind and will model and remodel his strategy until he reached a perfect one. And yes majority of the people who invest do not have the good strategies, they moan about the prices. However the prices have started recovering and as of last 24 hours, we have a $200 rise. I feel we are heading towards the financial market boom. |
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do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
First of all I can suggest you from my own experience that you would remain always learning, never just never say that you are wise enough and you know enough, because it can turn out to be not as certain as it sounds. Much agreeable. If you consider yourself a perfect man who knows everything related to bitcoin or any other thing. Then brother destruction is coming to you. Never ever feel it like. Allays think of yourself a person who is learning and learning. Because human is always impatient for new things. He gets bored with things that he has and invoked to get taste of something else. |
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There are many websites out there who provide you sell and buy options. You can search them on google and compare one another according to the services they provides.
Right. There are so many exchanges and websites where you can sell you coin but this must be done with care and comer. Reason is, you are done with your patience and you handled it so amazingly and now you are looking for your profit and result, and if this thing just gets ruined, you would be a big loser. Research properly and choose that exchange that is legit and classy. |
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I can totally agree with you, long term holding or long term trading is a great option for the people who are not having many of free time to spend here, learning, examining, researching.
For me many people here in crypto is choosing long term trading rather than short term trading because short term is not an easy job specially when the coins we own is dumping it's price on the market and for me many people can make more profit doing long term trading. Majority of the people are expecting their investment will grow significantly while they are having regular jobs which consumes their time, they only invest to hold. It's like they are holding gold that will increase its value overtime but it's different here in crypto, it's so volatile so I can say it's the game of strong people and a real believer. Long term trading is more profitable than short term trading because Bitcoin and some other coins which are considering the best coins but all are different in values. Some are favorable for short term while some are for long term; the Bitcoin and Ethereum are for long term while the Altcoin and Litecoin are for short term. As we know that the Bitcoin is a long term trading which is more profitable that is why we like the Bitcoin. The fact that long term investment gives you more output is just because of the fact that the rise in price values is more in the long term that in the short term. In other words, the time value that a portfolio bears in the long term is more than that of a short term portfolio. Besides, the long term is secure and free of the panic selling and emotional decisions. It has multiple benefits. |
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See it is always good to buy in between these figures because from the year beginning to till date it is very good to buy at this stages from 6000$ to 5500$ and it is also good to buy below 7000$ because once the price starts increasing the value will increase even higher.
Don’t be greedy, if you have money don’t waste more time and buy crypto today. The price is very reasonable for new investors. If you wait for more time and the price doesn’t fall more then you will be upset. It is better to buy today without waiting for more dip in the price. Greedy people never make money and always in loss due to their greed for more profit. |
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it's common in the crypto market. the price increases and it happens suddenly. I was surprised to see the market conditions that experienced an increase and decline in prices.
Yeah it is possible and exists here in this market. Manipulation is very bad for the growth of bitcoin, because the price is according to the well of big investors, and this thing is big disaster for new and small investors. I am waiting for the time when price manipulation will be controlled and the market will be fair and according to the market cap and not according to manipulators. |
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Overall it's a great advice for investing purpose but if we talk about crypto trading, it's far more risky than ordinary trading ( stock exchange )
As we know bitcoin value can change almost 50% in a week that will make whale trader gone crazy because they are experience major loss !
Since I've commit myself to be a pure investor, I try to stay calm and stay hold no matter what will happen on bitcoin
For me crypto investment is the best place for your extra money. Remember I am not talking about your regular income; I am talking about extra money, because crypto investment is not for short time and you will have to wait for long time if you want to make huge profits against your investment. Invest your extra money so that you will not need to sell your holdings in the time of need for money. |
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Bitcoin will be around the internet may be even as top crypto being used by many giant merchants while other altcoin might vanish within next 3-4 years. Few altcoins like ETH and NEO might still remain as coin in high demand after a decade because they are not just a clone of bitcoin. They offer more than just payment servies and smart contract platform might get even bigger in future.
All I know is that in ten years, a whole lot would have changed and bitcoin obviously will not be where it is right now as well as the whole cryptocurrency market in all. I am sure so many altcoins would have even gone out of the market dead, some shit coins will be nowhere to be found, some exchanges sure will be doing great and who knows, some would have really been able to have the chance to do greatly, but all in all, it is a long time from now and we won't expect things to be the same. I think the market cap will be 100 times higher than that of today. The number of investors will be 10 times more than that of today and the number of countries that accepts bitcoin will also be many times more than that of today. People will use bitcoin as their regular currency but in large number. 10 years is very big space for bitcoin to prevail in the world. |
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In my experience, there is no point in trying to convince people to buy bitcoin at any price, the will ALWAYS be waiting for a better entry point. This is what happened after MtGox collapsed and so did the price, at some point I started telling people to start considering, at least considering buying, and im talking about $300 range price which was near the bottom. The price was on that range for a long time and none of them were interested in buying. People always become interested when everyone else is already FOMOing back. People that buy during these periods of post-crash FUD are the ones that become rich long term, most people simply aren't cut to to be able to see a good buy when the price has collapsed, they just assume "it's dead", no matter how many times they get proven wrong.
I remember when the price of bitcoin was around $3000 in August 2017, people were wondering to invest or not and then we saw a big pump in the price and those who bought bitcoin on that price made thousands of dollars against each bitcoin. If you what to invest in bitcoin, don’t waste your time and go ahead to buy bitcoin today. Don’t lose this opportunity. |
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I think bitcoin will achieve that value, but probably not in 2018. I just hope the bitcoin this year will reach the value as the end of last year.
It will. Even more than that in this year. Reason is, now, this become a trend and people are just waiting for the last month of this year. Because they know that would be best chance for them to sell the bitcoins who have been bought at such low prices. Whales are well known of this fact too so they would be readying the market to explode just in the ending months of this year 2018. People are expecting for good and we all have been expecting since long but did not see any improvement up till now. The main reason is that of the demand rate which controls the value of Bitcoin currently the demand rate has reduced which made the value less valuable of around 5.8k dollar right now. By the way I am expecting for a better price in the upcoming days in order to see favorable situations for us. |
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We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.
If you’re at the losing position what is the best thing to do?
The fine element to do in tough times in cryptocurrency is live calm, compose and don't panic. so that you can suppose genuinely. and you'll not cause a decision that you will remorse within the destiny. Even if it is about the remaining crypto, I would follow the same strategy of not selling. For Bitcoin, we should understand that the market will rise again because the technology is wide spread and people around the world have been using it for so many purposes that it looks inevitable to disagree to the statement that the market will not recover. I hope we will have a boom in the near future. |
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WASHINGTON- Facebook says it is banning all ads related to cryptocurrencies in an effort to fight scams. The social media giant said it is barring ads for "financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, and cryptocurrency." Initial coin offerings or ICOs are a way for companies to raise funds by selling investors cryptographic assets. Fraud is common in the world of red-hot digital currencies such as bitcoin. This week, for instance, the US Securities and Exchange Commission shut down an initial coin offering by a Texas company called AriseBank. AriseBank was accused of relying on celebrity endorsers such as boxer Evander Holyfield and social media to cheat investors out of $600 million of its goal of $1 billion for a currency it called "AriseCoin." In a blog post announcing the news, Facebook product management director Rob Leathern hinted that Facebook may modify the new policy at some point to allow bona fide crypto-related businesses to advertise again. "We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception," Leathern wrote. "That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith." "This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices, and enforcement will begin to ramp up across our platforms including Facebook, Audience Network and Instagram. We will revisit this policy and how we enforce it as our signals improve," he added. read more here : http://news.abs-cbn.com/overseas/01/23/18/facebook-admits-social-media-threat-to-democracyIt’s no longer a problem now cause they have reserved the ban on cryptocurrencies, but it has not taken effect yet, they will allow crypto companies to advertise their business very soon. The news is even all over the internet and I just read it last week. The way I’m seeing it, once the release takes effect very soon, I believe it will help to boost the price of Bitcoin and even attract new investors to invest their money in cryptocurrencies. |
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I am always curious to read the topics two years or three years ago when the people was concerned about the price falling, and how did they manage those thoughts, because now we are having the similar situation.
I see the major reason which controls the value and is responsible for the value ups and downs. The value fluctuates when the demand rate alters and sometimes gets stable when there is equilibrium in the market. All the market conditions mainly depend upon the demand rate and the current situations and downfalls indicate that the demand rate has decreased and will take some time to recover again. |
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In my opinion, the current out of the cryptocurrency shows that there is no other potential for investing, so I take the time to learn and research this market to invest effectively. If I was not investing in bitcoin I will probably try to make money with real estate, right now I do not have too much knowledge about it but the same was true about bitcoin some time ago
Many other sources are in the world through which we can start but we have to make sure that the source we are going to select is benefited or not? If it is benefited then we will invest and if not then we will never invest because all we need is to get benefit. Many people choose real estate and trading with products which are profitable but these can not overcome the Bitcoin. |
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Probably this the right time to buy more, but in my view i think we must observe first the market before buying ,which is to ensure bitcoin will not go down more on this valued. 'cause on this circumstances it seems bitcoin must find new bottom line because the current bottom price is already broke, so perhaps we should wait more results before contributing on it. To prevent panicking again.
For lot of bitcoin lot of money requires and I think that small investors would not be able to buy lot of bitcoin in one time. In my opinion this year is not good for bitcoin price but is provided a chance for new investors. So that they can buy bitcoin on low price. The price is about $6100 and soon it will hit $6000. Therefore this is the best time for buy bitcoin. |
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https://cointelegraph.com/news/2018-mature-crypto-market-will-draw-more-investment-see-less-volatility-analyst-saysObviously as an investor you understand there are risks but out of all the exchanges out there, i can think of 2-3 that I would personally trust with my money and in my case we are only talking about thousands, imagine a big player with millions using etherdelta or some other retarded exchange, no way that will ever happen. Even big exchanges like bittrex, not long ago, they fucked up and made everyone wait months and months to get your account enabled or verified. Why would any big player invest in crypto when the risk is so huge, there is literally zero safety, any exchange can run away with your money and you can barely do anything. You have a point because we can't deny the fact that investors nowadays are smart and they always choose an ico which they think is profitable and has an active team. They would choose to invest in an Ico with definite foundation and listed in a top exchanger. And in my opinion, they are mostly experienced one. So they know better how to tackle situations in differents cenarios and conditions. And it is often rather every time advice here not to jump over here without having any solid knowledge of what you are going to do. Better is to make sure and had a proper research about something you are getting in. May the odds are in favor of these smart traders. |
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Technical data hints that it can go down to 6000 or 5500 level.
What do you think?
If you want to buy, I don’t think there is no much difference between $5,500 and $6000😕… whether you invest at the rate of $5500 or at the rate of $6000, it is still the same cause you’re still going to make profit when the price goes up. It’s always good to do things when it’s still early than to waste time and miss the opportunity. What if you continue to wait for the price to drop down to $5,500 and unfortunately for you it continues going up from $6000 and by the time you know it, it’s already $10,000 or so? So it’s good to do it at the early time when you know is right. |
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