For me bitcoin has gave me so much opportunity in my life , you see a part of being a student i had to work at a part time job so i can afford my studies and earn some living and the job pays me enough for my daily needs like food and transport , but since i have discovered bitcoin my life has became better and i get some extra income to do anything i like.
i think bitcoin is giving opportunities to all its uses, to me bitcoin has a great impact on my life, it is really giving me a good profit, it is solving most of my financial problems, i consider it as my side business, i am really happy using bitcoin for trading, and will continue for ever. |
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Bitcoin as an alternate earning source and as a potential currency for investment and ease of gambling can never be provided by any other local or altcoins. This indicates the growth and strength of bitcoin to go mainstream over the years to come.
Not only to investors and gamblers but a lot of people from every field of life and getting benefit from the use of bitcoin and they know the importance of it and for that they like to support bitcoin this the community support is making it a more stronger currency. yes facilities of bitcoins are increasing from time to time. bitcoin is now facilitating people, in fact people are now investing their money in bitcoin, they are using bitcoin for double purposes, the use it for investment and as currency for shopping. |
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I think it will gonna last forever and has a bright future ahead .will the blockchain s developing day by day why not it is not gonna compete with the bitcoin world.it is quite obvious that goverment would not allow it fully buy still it will have its own way .
We cant assure that bitcoin will last forever. Remember that bitcoin now is now banned in few countries and maybe other country continue the ban of bitcoin in futurr e years. can you mention a single country where bitcoin is banned, i do not think that bitcoin is banned anywhere in the world, to me most of the countries have not given any statement about bitcoin, and hope that in future most of the countries are going to turn bitcoin as legal currency. |
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To become a good trader analyze first if the coin is shit or not. Don't stock your funds in shitcoin 2 days is very long. Research for the first before trading. sell at high Buy at low just remember that.
yes there is no doubt about this that if you are going to invest your money in alt coin you need to get some good information about that coin and only then you can invest your money there. |
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Hey guys I'm not sure if this is the right place so please tell me if it is not. With that out of the way,
I have a question for you all. I have recently been able to gather about .5 btc through minor trading and I
was wondering if there was any method or way to grow this btc into a larger amount safely and fairly quickly. Thanks!
There are lots of way for you to earn bitcoin whether you are a newbie or old member here. For what important is you know where and how to grow your coins and the one thing I could give to you is start in joining signature, though it needs of waiting after 1 month most of the time. To have fast transaction with others like some other members here, and since you have already your own money I guess trading is the best of it here, and try also signature campaign so you can earn money on posting here. but growing your bitcoin by just putting it together with the job you made, I guess signature campaign could help you on it. Try services section in this forum too, if you have skills. i think signature campaign is good for little income as signature campaign have limited fund of their advertisement, while from trading in alt coin you can make a good profit, and that is the reason that i my self always invest in alt coins and making good money there. |
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Hit and run. Even if you win for just a small amount then it is better than losing in the long run for waiting too much. A long shot investment would be those whom you could really trust but those new coins that have been popping out you better be careful. Once you win then get out.
for now situation, hit and run is the best option because if we hold for a longer time, then the price will down and up without we can predict. beside that, better we have small profit but for 10 times rather than we have big profit but in one times. It must be purely based on your skill about predicting the price movements. If you are capable of predicting accurately then you can try 10 times rather than hold for long period for a big targets. Usually when you're trying multiple times the chances for losses will be more. I prefer to hold for long period and that must be the best trading method for me. in fact i am also in favour of long term investment, but for long term investment you need to have a good amount of bitcoin with you as holding little amount of bitcoin for a long time worthless, if you have small amount of bitcoin then trading in alt coin is a good decision for your. long term investment is good as compare to short term investment, in short term investment there is always a risk of loosing your money, while in long term investment you are so confidence and having no fear of loosing your money. as you do not have any fear when the price fell down for short term. |
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Trading is like any other way of earning has its own risks, it could be wining fast and the next thing you know you lose everything but you need to learn and get experience from your mistakes start by a small amount and work your way up until you get better and then you can start trading with a large amount of money. Trading with small capital may help to eliminate the fear of losing money. I think trading in small capital has impact, but researching and studying the flow of trades/investment is more likely have a better impact because with this method, we are mitigating risk factor. It is the risk that gives fear so directing risk factor and omitting it will more likely give us confident over our investments or trading. in fact have good information, experience and skill can minimize your fear, i think for successful trading or investment you need a good study about where you are going to invest your money. |
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How much money do you make from trading ? Your expect and result, Also never forget to tell your principal
Thank you
I don't know whether it has the same topic like this before or not if yes please post here,
actually i made a better earn in the starting but after some time i got a huge loss in one week . but now i am in very big Profit of about 0.4 btc . so i made total profit about 1 btc by trading with Bitcoin of 0.7 btc . so Making trade with cool mind will.always results into profit . very amazing is capital money 0.7 bitcoin can get profit 1 bitcoin or over 100% how long you can get profit over 100% you can share you use strategy in trading make it sure, Trade you btc if the price was being stable and hold it when the price will shoot ups. It's simple trade in my mind but a lot of people was doing it before. And I do it everytime. its a good advice and we can see that the price is fluctuation for up and down too often but we need to wait for the good moment so we can enter in the market to buy and sell the coins. until now, i think i am not make a big profit in trading although i see i am stuck in small coins with small price and i see on poloniex, there are a list of the coins that want to be delete from the list. Trading with bitcoin is not much profitable as bitcoin's rate still increasing. Hence, buying cryptocurrency coin would give you negative profit as bitcoin's rate is going up. I advice, let its rate be consistent so that you can meet the profit you expect. although i am also in favour of investing in bitcoin and then holding it for a long time. but still i will say that there are some alt coins whose price is still increase so investing in such coins is also profitable. |
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We need to act for a purpose. Long term bitcoin buyers must be having some definite plans because planning for future with investments only possible if you are having a strong belief with bitcoin ecosystem.
Yes, there are two different factors we need to consider when we are planning to hold bitcoin for long period of times. The first one must be chances of benefits we are going to enjoy to hold bitcoin for longer duration and the second one must be future of that investments. I believe another third factor will be possible like for what reason we need to hold even the above two factors are completely true. For sure Bitcoin is the best long term investment considering its continous upward trends, but I think we should not focus on Bitcoin and forget other digital currencies, some digital currencies are a good long term investment as well, Ethereum and some other coins have been growing fast, I prefer to invest in other digital coins in addition to Bitcoin, from the perspective that says: do not put all your eggs in one pasket i am also in favour of trading in alt coins, as there are so many alt coins having good potential of increasing its price, therefore trading in alt coins can also give you good profit. |
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Learn from the masters if you knew one of them. I'm also newbie on trading and learning how to trade effectively will take years. Trading is not just "buy low, sell high" activity or any luck involved, but proper training on how to learn the right techniques in trading.
The most important rule in trading is to "buy low sell high". Unfortunately, that's usually harder to execute than it sounds because of panic and greed. The best of trading is Buy Low and Sell High, in that way you can earn more, but you should be in the right timing on trading you do not need to be hurry on selling, try to wait until the price value of your coin is high enough to sell. All you need is buy low sell high and timing for trading. learning the tricks how to earn in low price and how to determine a low or high price need good experience in trading, if you have good trading then you can be successful in trading. |
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Just look for trusted encasher to encash your money easily to your bank account. Make sure it is Legit Don't let your money go to waste.
I guess many Asian and African countries are not having such services to encash into bank accounts. Even there are some services but they are not having any support topic in bitcointalk. We must look for their reputation before risking our bitcoins. I do sell my bitcoin to people here and get back cash in paypal. in most of the areas still bitcoin is not accepted by banks, i my self sell my bitcoin on a forum in USD and then cash out in my fiat currency, but hope that in future we will be able to use banks directly for exchanging our bitcoin into our fiat currency. |
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Thanks for this information and this is quiet an inspiring words specially to those people who wants to learn trading.I could really say that it would really require to learn trading for longer years and its not an easy thing because you will need to build up experience and strategies to be profitable.Its very true that some people are not interested into the word "trading" when they do have jobs.Just like on my situation i dont have a job but still i would really love to learn trading not just for last resort on making money but i do have really the dream of being a professional trader.
I don't think having Professional trading skills is a requirement that makes someone a professional trader You'll not be successful If you keep thinking you will never succeed. I believe even the most successful traders are not the most skillful . You can start now even without a trading experience & In the long run, I'm certain you'll pick up experiences as you go up the ladder  to me i think the most important factor of successful trading is the luck, if you are lucky then you can be a good trader, if you have some experience and skill it can also increase the chance of your success. |
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The hidden reason for me becoming a trader is very simple. I used to trade in local markets for shares of different companies. Had much money for the business and wanted to use my experience.  So started trading with bitcoin and can say that am at the positive end of the trading..  to me there is not hidden reason for trading, i think my reason for becoming a trader is very simple and not hidden and that is that i want to make a good money so that i and my family can lead a standard life. |
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Yes I'm also disappointed with trading but not with bitcoin trading, I disappointed due to alt coin trading because there are thousands of alt coins and maximum coins are worth less and fake.
There are only a handful of altcoins worth your investment, every other coin is just an attempt to earn money by the developers and by the investors that are trying to get lucky and be there when a pump happens, so stay in bitcoin and the few altcoins that are worth it and you will be fine. If we fail to to select the right altcoins then trading it might give us disappointment. I am the one of the crypto currency trader, but currently sticking with bitcoin trading alone. After got trapped by dumps by 'insiders' of few altcoins, I decided to stay away from altcoin trading. My disappointment rate is very less now a days. Learning from a mistakes will allow you to assess much better i guess trading is not for you if dont have the guts to face failure as time passes by and more knowledge can be colected from time to time that we are trading im still in the process of studying deeper about trading. agree with you, to me i personally done so many mistake in my life. some time i become disappointed in trading by loosing such a good amount, but then my friend really gave me hope and then i started again and now i am really happy and have good trading experience, making good money. |
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Both active and long term traders must listen to news but particularly I am not having any specific strategy to handle any type of news. I like to call myself as a passive trader with respect to bitcoin as I'm not doing anything with my bitcoin saving even I do hear any positive or negative news which are affecting bitcoin prices significantly.
Definitely trader must be updated towards news and current events about stocks so that they can move their fund on the current "HOT" trend. This will enable them to take advantage of the possible profit of the current news about certain trading pair or can save them from losing value with their holdings. But when you are holding for big targets and when you are ready for holding for years then I believe there is no need to have any specific strategy for any type of news events. I maybe wrong but only for the entire year system failure news events. The small fluctuations will be ignored by not having any strategy for news hours. but i think even if you are going to hold it for a long time still you need to have a good source of news about bitcoin, although i am interested in long term investment and have already invested a good amount of bitcoin for long term but still i feel the need to get updates about bitcoin, and therefore i am try all the sources through which i can get information about bitcoin. |
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yeah its really good time to do it because bitcoin price is now 900$ and i hope bitcoin will be increase its price to 1000$ in this week so you can buy bitcoin in high amount then i am sure you will get a big profit .
i think it is depending on your interest of investment, either you are interested in long term investment or short term investment, if you are going for short term investment then it is a little risky as the price is already trading in high price. but if you going for long term investment then you can really make a good profit and it is safe investment then. |
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Current price jump has nothing to do with Trumps future presidency. Why do you think this is connected? If someone has a proof or theory please explain this. Chinese are deeply involved in Bitcoin price and they can affect it a lot but not the Trump. At least not at the moment.
The Unated States is the third number by bitcoin users. How can you know that Trump hadn't any connection with that? Maybe he and his people are investing in bitcoin this days and that provoked the prose to rise. Who knows?! i think bitcoin cannot be effected by such kind of events. as bitcoin to not belong to a single country, it is decentralize currency, therefore it is not so easy to be effected by the victory of any president of a state or any other event like that. |
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Yes its coming closer and closer to this what is good and I think that it has a great future and also will be more used globally everyday so that is a good sign and you can also see the price increasing.
the price rise will not happen every day definitely a time the price will come down. but the development of bitcoin will keep going forward and will be more people who will adopt bitcoin, users will increase in many parts of the world, and certainly bitcoin will become a global currency, I'm believe it yes there is no doubt about this that people are now taking interest in bitcoin and they are investing their fiat also in bitcoin for making more money. the users of bitcoin are already present in all over the world, but the number of its users are still low, that is needed to be extend, and hopefully that its number will increase with the passage of time. |
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you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.
I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it. i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin and therefore they are not going to sell their bitcoins. |
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wow Its exactly what i was feeling lets all the banks die :p sad to hear about your loss but these banks are ment to do this. its like a organization of some thieves got legal permission to rob anyone any time but in a polite manner. LOL All they do where covered by a small senntence "WE DO EVERYTHING TO CONTROL THE ECONOMICAL BALANCE OF MONEY IN A COUNTRY" (*By Playing secret mind games and by giving loans ). they where never helping the citizen they where just doing the business and the profit making thats all
Maybe you have a bad experience with banks, but in reality banks are more safe than bitcoin and that is what people are saying. With bank, though they can check our records and we cannot be anonymous but our money are well protected. If you fight against bank for sure you will never win they have the expensive lawyer and good enough to make a battle against you. yes that is a fact that banks are more stable and still in stronger position and they also have the support of governments. to me people are still trusting on bitcoin because most of the people who do not know about bitcoin are still using banks for their fiat and other activities. |
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