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So, I started daytrading officially yesterday (I did some trials last week.) My strategy is to hold two altcoins until they are sold for 2% more than buying price. This was going good, until someone put a massive pile of ripple for sale just after I bought it. This is going to take a year before I can get rid of those.
Usually altcoin only has very small liquidity, I think we should start trading btc and fiat. I think day trading is more appropriate in pair of btc and fiat. Basically trading cryptocurrency is very risky so we have to understand what we want to do, I mean we don't trading like gambling. |
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Explain to the newbie because with the increase in the value of bitcoin grows and Commission of the network 0.001 (if I'm not mistaken) it is very expensive. Bitcoin to become like the big ingot of gold, which is a pleasure to own but it is inconvenient to use in everyday life. The community decides for ease of use, or we will move on to altcoins?
Yes the trasaction will become slower when most of people are use it. So I think it will be good if bitcoin is only used for rich people that will be bitcoin investors and certain countries, I don't think that bitcoin need to be used by all people in the world. |
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Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?
I think yes, there is no problem with it. Newbies are don need to buy 1 BTC, they can buy 0.01 btc or less. But they decide to buy bitcoin to get profit or not. The price will keep rise, lets buy bitcoin before halving time comes. |
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bitcoin its not a scam because of good security when you buy bitcoin and wellknown and it is digital money people can fast trasaction.
But many people are don't know about this, they too often hears many bad news about bitcoin,its normal if some people pretend bitcoin is a scam, so you still need to convince them, but I don't think that everyone need bitcoin. Bitcoinnis just a choice, not a must. So don't push them, you will distrub them if you do this. |
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Hello guys, how much can Bitcoin gain, reallistically talking. How much money is there in the world that Bitcoin can attract from the people of this world?
I don't think that bitcoin can be used by most of people in the wolrd, because the transactions time will be very much longer, so I think the amount of the world money in bitcoin will be only 10 percent or less. I don't expect much. Just believe it only 10 percent is very good. |
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Do you think using bitcoin is better than using actual money?
Of course, I do need to go to nearest bank or ATM, I only need to take my smartphone then transactions is done only by a few clicks. Even when the weather is rain, storm, or snowy, I still can send money as long as I have internet connection. |
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There are many people on telegram groups who lives in third world countries and are earning a living only with bitcoins as the rate of unemployment is too high in their countries and even if they find job the salary is too low to survive and with bitcoins they are earning much higher in compare to their day job so now their full concentration is on bitcoin and they are earning only from bitcoins which is too higher in compare to their salary so I think bitcoin is reducing unemployment.
I agree with that, they earn bitcoin by various ways such as trading, minning, join ICO also signature campaign, I think join siganture campaign is like you become employee for specified time. Bitcoin was help many people. |
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If the goverment put tax to bitcoin transaction, what will the consequences?
The profit will decrease and attraction also decrease in my opinion. How about yours
Governments are already do that. You can see the about how to pay tax that issued by IRS, every country has different regulation so you don't need to pay any tax if your country is not regulate it. My country did not accept bitcoin but also didn't ban it so there is no bitcoin taxation in my country. |
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Hi sir, am I accepted?
I apply for signature campaign, there is no column that explain the participants are accepted or not. Are the all participant is automatically accepted?
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The are the intelligent.because bitcoin price is increase day by day.who will invest in bitcoin they can make a good profit in future.
Not sure about day by day but in the long run bitcoin future looks very good to invest. So we all should invest some money in it. There is still volatility in bitcoin prices, but it is good. Its mean that we have a chance to buy bitcoin in lower price. For me invest in bitcoin is better than only save money in bank. |
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He is a greedy scam artist and shouldn't be taken serious. I can't believe he has that much of a following when all he does is scam people and try to put their money into his own pocket.
Don't worry, probably that is only joke. For me BCH is BCH, and BITCOIN is BITCOIN. Don't get into trap, there is no other cryptocurrency that can replace bitcoin as the number one cryptocurrency. |
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Yes I think its also good, we can prepare their education cost from now.
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BTC ist like a virus, it became global, i don't think China rules BTC..
No it is not like a virus, its like new oxigen that going to spread in the world   . I am sure bitcoin will be adopted by all countries so we do not need china. |
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Since the price is keep rising, bitcoin also used for long term investment, so you will have good future with biitcoin.
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The reason why bitcoin price drops is because people are took profit from the pump, then people are buy it again at the low price. This is alaways repeat.
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I am going to sell my coin if the price is higher than the price when I bought it. I do not like to think hard and spend time just for too much thinking. |
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Do not think too much, just think simple. You are not going to make a study about each coin, are you? Just emter the market and trade. If you do not want to lose, do not sell coin in lower price.
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Since bitcoin is gaining popularity, so many developer are come with unique and good idea. They just to make better coin but most of their investor are lost and leave the coin after take profit from pump.
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Bitcoin will not die, since smartphone are become very popular today's, people need something that can maximalize the use of smartphone in any aspect. Include buying and selling goods online.
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Yes of course, the government can take the bitcoin tax through the merchants. Bitcoin users will pay tax that included in the price of goods.
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