Bitcoin price is rising up in rocket speed and penny-pinching mind is always yelling that hold.. hold and hold your Bitcoins. Don't convert to fiat or spend them. But, there's a big risk...what to do?. This is a question somebody asked me today.
I didn't answer at him, but, thought deeply about that and got the following mind.
If you've 10BTC convert 5BTC into fiat and wait until the remainder is reaching to 10BTC and do the same again.
Is this a good advice?
This is a good advice in a sense. That is diversification of funds. Diversification always mitigate risks. But diversification must be very tricky and timely. Bitcoin and Fiat are two quite different currency.Both has potentials. Undoubtedly bitcoin has better future prospect than fiat.Therefore investment in fiat instead of bitcoin is not a good decision indeed. |
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I spend about an hour daily. How much time you spend on researching about bitcoins ?
I spend almost half of my free time in reading informations about bitcoin. With this span of time, I already learned how to earn money through adapting technology but honestly, I do not rely all my expenses on bitcoin because of its volatility. Also, I need to limit myself and time not to depend every time I have on it because I also need to work hard for myself aside from working in bitcoin. Tricky indeed. Everyone needs some leisure for his personal life. Usually I keep eyes on the news and views of bitcoins and other crypto currency whenever I can. I have no prescribed time here. I go through this forum, facebook, twitter and other social networking sites regarding crypto market. Crypto is in my mind always. whenever I get chance. |
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Welcome to the trading. As you are a newbie kindly understand the risks and gains too. Its nice you started with some good gains but do not expect this every time. Its a huge risk if you are not on the right side of the market trend. You should be knowing the future predictions of the market and analysis . Also technical charts if you can read and understand is better.
Effective advice. You are reading that is great. But, at first read books, tutorials and watch youtube videos regarding the crypto world and currency market. Then step to technical analysis as well as chart analysis. Always keep in mind how much you may lose from a trade instead of how much you can gain. Avoid emotion and be fully rational. Thus you will be a good trader. |
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Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out. It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value. Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
Bitcoin is a crypto currency. Fluctuation is the nature of crypto world. Bitcoin crossed 15k in 2017 and pulled down to 6.5k in February 2018.Therefore. nothing is certain here. One thing that can surely happen that bitcoin price will surge radically due to its immense potential. But, undoubtedly that will take enough time. |
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I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.
I don't agree with this 100% because I think you can be successful in trading frequently but I think for newcomers it's very good advice. Instead of looking for a good trade to make each day do not restrict yourself to have to make trades. Look for the best opportunities and if there are not any on that day then do not make any trades. I do agree with you. Patience and sniping is important in trading, but not all in trading. Trading experience and knowledge of coins, coin market and trading strategy are also inevitable for successful trading. When you have all of these above mentioned qualities, you can be successful in all trading including day trade. |
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Greetings! I am planning to invest $5,000 in cryptocurrency but I do not know how to invest. And where should I invest? - in Bitcoin, in alternate cryptocurrency, or in ICO? I’m asking for an investment strategy for professional traders or investors out there.
Follow two simple strategy of Warren Buffet. 1. Do not invest all of your funds. Keep some fund handy for future investment in case of price fall of your coins. 2. Do not invest in a single coin. Try to invest in the top promising coins like BTC, ETH, WAVES and others. Thus you can diversify your portfolio and mitigate risk. |
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Start by minimum $50 or $100 is good amount. You have to learn technical analysis first, go to the coinigy or cryptrader site to learn it. And to learn fundamental analysis subscribe some youtube channel from expert trader. About technical analysis there are alot of video tutorial about it in youtube and in google.
Good suggestions indeed. I think amount doesn't matter for trading. You can start with $10 only. Matter to focus on is your patience, emotion control and expertise in trading. You can trade with $10, but while trading, you must have some strategies. Avoid emotion, be stagnant to your strategies and keep learning continuously on trading from different tutorials, e-book and youtube videos. Whenever you will be confident enough in making profit from good trade, invest more with your existing fund. |
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Give some time on this forum and read carefully regarding all trading topics.At firstly you should start trading with small amount because you are a newbie and there are lot of things to acquire knowledge.Before trading chose a pair which daily trading volume is too much high.
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Guys what is your suggestion for investing 10K$ in ALTCOIN?
I already Bought, BTC, ETH, NEBL, (75K$) Now I want to invest 10K $ More, What to BUY?
I think already you have invested a handsome amount.So now it will be better to keep 10k$ amount in your hand for back up.But if you are serious to invest then you can try to buy at low price some Waves,Cardno,Neo,and Eos. I think these will be a good for future. |
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I bought Verge when it was 0.08$. But recent hype related to secret partnershit did not turn out to be a success as the price went down immediately following the official annoucement of the partnership. Now, I lost in BTC value around 30% as the price did not get to my sell order. Therefore, the question to pro traders, should I hold or get rid of that s’coin? Thanks in advance!
At present its price will go up hard. if you invest long term. About 6 months to 1 year, I think you will have huge profits. Currently Verge has cooperated with pornhub so I think its price will be difficult to come up in the future. Because sharks want to lower prices and buy them cheaply |
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Both coin the good thing its way. Can not say this better than the other. But I will choose EOS because its price will quickly increase. And I prefer EOS platform than IOTA
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NEO is a great coin. I evaluate it better than ETH in the future. I think you should keep NEO as long as possible. Its price will quickly go up. will be by ETH or even higher than ETH
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As for the present market status, most of the Altcoins, especially those who were in the ranking (Top Tier), are all green while BTC is chopping in a range. I have found a new setup for my trading plan but I'm still cutting down trades until bitcoin gives a clear direction for the market. Even this is good news for traders like me, don't let the greediness get over your heads. Don't make indecisive decisions during this green flag days, consider a bigger time frame if planning to sell immediately. I know trades were bound to happen for us to gain profits, but you still have to go with a higher probability to maximize it.
That's right. I see altcoin is rising although bitcoin is not rising. So this is a very good signal for altcoin. Looks like the market has gradually recovered. The current market capitalization is 350 billion. |
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Hi everyone,
Im a newbie, i just known about Bitcoin in 1 month. I decided to spend my money that i have saved for a long time in Bitcoin. Please tell me some name of Altcoin, i want hold it until i marry.
Thanks for all response
The best long term investment altcoin that I am holding is ETH, ETC, XVG and ICX. These altcoins will be very hot coins in the future. Its price will increase many times compared to the present time because of its excellent technology and application |
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BITCOIN, ETHEREUM, ETC, DASH .... XVG these are the coin I best appreciated at the present time that you can consider and invest. BITCOIN is the first choice of 100% of people involved in crypto
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This is my first job in joining cryptocurrency specifically the bounty programs. As suggested by my friends that joining bounty program will let me earn reward tokens. However, seeing also an airdrop in the bounties altcoin section made me think of its worth of joining in airdrop. I came to a thread for airdrop and it seems that they are only requiring you to do simple task and you were able to get the tokens that they promised. Now i have the interest on them but i still have some doubts about it if is worthy to join airdrop. Do you have any idea guys or experience about its worth on joining airdrop?
airdrop usually does not take much time. You can join as possible. Because airdrop is currently not worth it. But sometimes there are still 1-2 good projects implementing airdrop |
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You need to have a clear strategy. Targets per week or per month. And learn a lot about the penny you want to invest and market. to start trade. I think you have at least 1000$. You will be profitable if you get 10-15% each time you place an order
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I usually use facebook and telegram. I often get predictions from foreign groups in telegram. And facebook is the group in my country. almost the predictions of things go away. Very little predictable guess
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Bitcoin is better. but in the next days. XRP may be heavily pumped. You should now buy XRP and then sell when profitable and hold the bitcoin. This is just my guess
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Look merculet and egretia. I see 2 ICO this looks very good. Read through the white paper looks great. If they can do so then I am sure these are two good ICO projects
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