I'm new in trader ! Any lesson or tips can you guys show me ! Bitcoin is increasing ! People told me to trade is the only way to make fast bitcoin ! Please help
i am also new here like him..would you please give me the guide line or how to increase trading knowledge.. in advance thanks to all who will be cooperate . There's always google if you want to know more about trading. I just read from ebooks about trading and its basic knowledge and the rest I've learned them from this forum and trying out trading for myself. Experience is always the best way to learn, make it a point that you also read the terms of trading like pump, dump, short term trading. long term trading and so on and so forth. In that way it'll be much easier for newbies to understand what they are reading too. |
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I usually look for their social media accounts and follow them with their updates and new projects to see if their ICO is really legit and not going to scam participants joining them. Also I check their websites sometimes too.
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Yes I do agree but when would be the right time? I think as long as you have the capital for investment, anytime would be the right time to make a good investment. If today you will invest $100 worth of Bitcoin then for sure after 7 years it will be worth more than that.
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No one can predict Bitcoins price however they can speculate an amount when they read the charts and could a range of around how much Bitcoin will be worth the next days or whatsoever. But I usually trust my instincts more than anyone who tells me what Bitcoins price will be tomorrow or the next day.
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I think Bitcoin can't be compared with any other altcoin, though Deep Onion is a great altcoin still I think Bitcoin is something you can't just put down. The price now may be going down but it will soon recover which most altcoins are not able to do in just a few months.
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I was almost to a point that I got tired of BTC too and that was when all of this negative drama circling around recently, but I put the negative side on a much different perspective and realized I think this is also a normal and good thing with BTC; it will just make it grow stronger in the future. All the better to hoard more BTC and hold them for a very long time.
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There are many to mention altcoins that will soon die because they basically are not moving or not progressing or anything. But for altcoins you would want to invest in, try to check at the coinmarketcap.com website and there are a lot of choices there. Do your own research of what altcoins have potential in the future too.
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none of these can really be considered "hopping on crypto wagon". they are just creating their own thing and centralizing it. that goes against the first things that bitcoin as the first big cryptocurrency introduced to the world.
many are actually interested in bitcoin just because it is decentralized and stay away from most altcoins because they are not. a government/bank issued tokens may be good and it may even make the banking system more efficient or even safer but none of them will be the cryptocurrency movement to decentralize money transfer.
The government and conventional banks want to switch their technology to a faster one and that is moving to blockchain. It will bring no change to the currency of the government nor will public except some little portion of the whole will get a wide benefits. Even if government switches to blockchain it will not be a decentralized currency which will again be in favour of bitcoin which people like it for being decentralized. I think the government also realized a lot of people are already into bitcoin and the technology is much modernized and faster if they use blockchains, but I really think they will secretly hold bitcoins too aside from creating a cryptocurrency. A lot of investors have realized the use of these coins and decided they'll just join them instead of going against it. It's also a form of tactics on their end. |
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I think some banks are starting to adapt Bitcoin already and they have started to recognize bitcoin, though it is not that out yet but they are slowly trying to instill bitcoin in the banks. There are still a lot for them to learn about bitcoin and surely in a few years time bitcoin will be considered as a currency accepted by the banks.
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Teaching kids in a Way that they will get interested with it like motivating them. Telling them that they can get money from BTC they are more easy to teach because kids now a days are more literate with computers.
Yeah this is true, kids nowadays are more smarter but lazier because of the gadgets. But one can teach their kids and motivating them using these gadgets they are mostly using. I bet most of the kids below 12 yrs old now have owned or own like a tablet or ipad, they'd be interested if you tell them what bitcoins could do and teach them the usage of bitcoin too. |
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They made a mistake in estimating fees for Poloniex. I suppose it is a Poloniex bug but that is not the case. I plan to add more dip but I feel hesitant due to Bitcoin price hike now. I will re-evaluate after reading your post.
You should buy them if it dips more, I still hold a couple of this coin and believe one day it will soon recover and skyrockets in the future or hopefully in a few months from now. But I'm aiming for longer term for this coin though, glad was able to buy them when its price was still very low. |
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Most of us have a daily responsibilities.
How do you manage your time in trading and in bounty campaign as well as researching for the news and updates of your favorite altcoin?
I prefer like to focus in only one thing, so I can be expert on it. But for trading I can do it while I have done my main job because in trading I only need to set the limit, so I am not trading every day. Good for you though, I'm expecting you don't have a real job right? What about those who are working I think this is what the OP was trying to ask, but for those people who don't have work it is easier for the them to do time management because they don't have to travel from home to work too, it also takes up most of your time. I myself only do research, bitcointalk and read news when I get home from work; that's the only time I get to do my thing. |
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I believe in bitcoins but I don't believe it could replace other currencies though. I don't think that is the true motive of bitcoin. It could be one of the currencies known and accepted worldwide in the near future but I doubt it would replace real currencies or fiat currencies.
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If you bought it at a peak price then you should just hold it, I'm not a fan of BCH but I think in trading you should wait for the coins to go at its lowest and buy them and then sell them when its at its highest price or if you think you already gained profit from the increase.
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I also think this is a gamblers philosophy in trading, of course you have to learn from your mistakes so when you treat losing as part of it then eventually you will get used to it and realize that you would not be in that position right now if you did not encounter losing which is part of trading too.
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I think anytime is the best time to buy bitcoin,that is if you have the capital intended for trading only and not expecting an automatic profit right away. Mostly those who hold bitcoins are long term holders, and does not think of when bitcoin will pump or dump that much as long as it is for long term investment. Bitcoin is still cheap now so it is a good time to buy but just hold them for a couple more years if you want to profit much from this coin.
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I think the only thing that could destroy is bitcoin itself. If Satoshi Nakamoto decides one day he wants to scam all of us and one day closes bitcoin then we are all doomed. LOL!
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I don't think it is that bad if ICO's will be regulated because it can also help the economy of ones country however if they regulate the use of bitcoins and altcoins now that's a different story. Regulation is good in some way rather than banning them which is a much heavier offense if ever that'll happen.
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Maybe you chose the lowest transaction fee that's why it took to long for you to send the transaction because I did the same thing before and it took around the same hours as you've got when sending btc to another wallet and realized I clicked the most lowest transaction fee.
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If I were to choose which trait I would have if I didn't have one of these, I'd choose strategic over being just plainly smart. I know someone who is just plainly smart because he is by the book so that's why he is smart and always follow what he read on the book feels like he is not open to what can happen or what might possibly happen because he feels he knows everything, it's too plain and blunt. I'd prefer strategic because I can get away with anything and can think of a solution right away no matter what the circumstances are.
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