If prices are falling, then for me, I need to hold my bitcoin until such time that the price will rise again so I can gain in the future.
Holding is really a very good idea at the time when prices are decreasing. I think you can also go for more investment and can buy more Bitcoins at that time. This will help you earn a lot of profit and you will get a lot of earning in this way. All you need is to have patience and that’s all. Exactly. Like what's happening right now. It's a very good time to buy bitcoins while prices are a bit low. It happened already just a few days before segwit and it happens pretty much everytime there's a big announcement. Just relax and look at it as an opportunity |
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My favorite trading exchange is poloniex because it has a very limited amount of altcoins that we can trade and they are very strict to the altcoins that they will add to their exchange and it has a lot of users and already have a huge reputation in the world for being one of the best trading exchange.
Yes, when compared to other exchange Poloniex is one of the best exchange and at the same time, i like Bittrex is also other where we get some reputable coin in Bittrex also. Both these exchanges have higher volumes in the market, of course, each one has it's own identity in the market. Well these two exchanges i think are the top two choices for most traders and there's a lot of good reason to it. I also do trades with yobit because there are more smaller coins to trade with that i can practice with smaller amounts. |
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Hello,
THIS IS A QUESTION FOR EXPERIENCED TRADERS IN BITCOIN
I am a novice in BTC but have been lucky so far. I bought BTC at under $2000 and have now sold it at $4100. I am sure that I have made some mistakes in the way that I have bought, stored and sold the BTC.
I now want to trade both long term and short term in BTC. I want to trade in minimum USD $10,000 blocks
Long Term What is the "best practice" processes to buy and sell BTC?
Where is the best place to buy BTC using USDs
Where is the best place to store BTC using USDs. As a result of my limited research, security seems to be a major issue. I am prepared to buy a dedicated computer solely to store the BTCs if necessary
What is the best place to Sell BTC using USDs
There is no such thing as safe investment, you can only regard to it as a calculated risk investment, in which you have done a lot of research on the investment and you have been able to note that it would be profitable for you. I agree. You can only do so much and you're still not going to have 100% assurance of having a safe investment. Though of course your chances will considerably be better than those blindly investing on random icos without doing proper preparation but still, bottom line is there still are risks |
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For a year i've traded in this exchange and there were really not much issues then. I'm not sure about now but my trading days with cryptopia were pretty decent. No issues with transferring, withdrawals and deposits except for a few delays.
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when bitcoin will be one million dollar each. maybe next year ill hold it because i dont need money now i have some cash. ill go for long term investment for it .
Good for you that you have that chance to keep your btcs untouched. Though i don't think you'll see that one to a million btc/dollar ratio. I plan on doing the same, to keep my btcs as long as possible and sell it when it reaches a life changing amount |
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With Bitcoin falling so much this week/month, do you think it's a great opportunity to buy in or time to cash out?
It's never a good time to sell when the price is dropping. We've been through this situation before and a lot of people would agree that this would be a good opportunity to buy and get more btcs. I'm possitive of a price rebound pretty soon |
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I always have that feeling. Regret. I had 300$ 4 month ago, and I told myself.. "Dude BTC will never go higher than $2,000" When it reached $2,500 I told myself "Now it is on the peak". Gambling scene: "I won't join this round it won't go higher than x2" *Yes I love bustabut* Then the round went higher than x200 Technically I was not right. Every time before I sleep I just imagine, and I am sure of that.. If I had taken the right decisions I would have been rich.. So am I the only one fellas? I would be so happy to know that I am not the only one  #Dontattackme #From100Bucksto10Grands Hey Wait! I have like 100$ now.. What is the best way to do with it.. I will be like offline from internet for over a year.. I wanna get profit after I finish my last high school year. Suggest! Good to invest it in bitcoin. You can find a promising ico and have that money grow probably more than 10x but it's also.possible that in a year that ico would die down. Safest for me would be to wait for a good time to buy btc, like now, and then keep it there |
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Hi, I'm planning to pull my insurance to invest in crypto for long period of time and trade a portion as well. Recently, I was wondering if I let my money sleep in my insurance for 10 years it will triple but I'm also thinking that what if at that time the value of my money is still the same as today because of inflation.
Your money, your risk. Placing your money in an insurance plan is good since you'll never know what may happen to you and it's always nice to have a secured feeling that no matter what happens, you're covered. Of course in crypto, money will be growing quite well but you don't have any assurance for how long. I suggest you keep your money in your insurance and start investing in crypto separately |
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For me because I'm not online all day and I have an offline work. What I do is set the price I want to sell. And I'm looking at it when I'm home tonight. There is also a win.
Good strategy, the only drawback is that you need to keep the money in the exchanges instead of the wallets... It's a good strategy if you want to avoid the hard feeling of seeing the price when falling back. What I do to decide when the right time of selling is not depending on my need. If there's a need to buy something or sustain with financial then I have no choice but to sell some of my mBTC's but if there's not I don't sell and just wait for the movement of price. If you're not up to it, the price movements that is, better to just keep it safe in your wallet and as much as possible, if you have a day job, avoid withdrawing and use your salary for your expenses. We're not gonna be sure whether bitcoin will shoot up or go down like now so selling would depend on how you assess your needs and expenses |
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Well hopefully that makes btc recover a bit. It's been a wild downward spiral for a few days now and probably that will boost up bitcoin back up. Though i'm taking advantage of his drop and was able to buy a handful of btcs
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We are all witness of recent events, war, killings, and terrorism claiming they are doing it for their god. What do you think of this belief?
Twisted belief of religion. There will always be those who will look to religion to rationalize their actions. I don't believe that a religion would ask a believer to commit such heinous crimes for the sake of obedience. |
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Someone who is well versed in the industry of making money and a very unconventional president especially for a country like the us. For a country that's used to diplomatic people like obama, trump's style would be a shock to most americans.
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Well i think it works both ways. One, it will definitely have a chilling effect to the drug industry in the philippines since this one is really making good on his promise to kill everyone involved in drugs. Users and pushers would have to think about their safety as well. On the other hand, him being so openly in approval to killing opens up opportunity to oppressive policemen and people in power.
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Do you wonder why GOD allow CALAMITIES & TERRORISM? Share your thoughts with us I'm not wondering. I mean how lame could it be if we have a single entity controlling everything without giving the beings freedom to do things in their own free thinking? Calamities happen naturally. I don't think it's being sent by an outside force. Terrorism is something that people decide on themselves in doing. It would be too convenient to look to god for answers to these |
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Well there are a lot of things happening that our minds aren't yet able to fully grasp and science cannot explain yet. I also believe for these phoenomenons to really happen. It's just that i don't think most of us are ready yet to accept these as facts
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If we can educate our kids at home why do we need to send them at school?
If socialization is a problem in homeschooling, there are many solutions to that ;-)
Well first of all, many parents are already doing home schooling. I don't see a rrason against that but i still think it would be better to have an institution to will primarily focus on teaching. You can't be around your kid most of the day if you're working. |
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There isn't such a thing as a perfect government and there will always be a lot of flaws with the leader that will be elected. I think first, its our responsibility to elect an honest leader. But that doesn't stop there as we also have to support which one gets elected. At this point i have no regret about the governor that i've elected
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In my country , At least one innocent child is murdered by an inhuman pedophilic creature. I realize that this kind of murders are getting increase day by day. I cannot find the answer for this increase. I am curious about other countrys' situations. Do you think pedopholia is the most dangerous crime of all crimes ?
That's sick! I'm wondering where you're at. And i wanna make it clear, indon't think pedophilia is murder of children. I think its more on sexual abuse and people who find enjoyment there needs serious medical help. |
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It doesn't have to be forced. If you want to help, you're not going to be of much help by getting yourself into trouble. The intention is noble but the way you plan to do it would put another person in need of help.
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this is one of life's greatest mystery.
if you look into the Bible, our purpose is to serve God by abiding into its rules and to propagate the faith. the end game is make as much people to believe in God.
the root of this purpose is that after death you will go to heaven. such a root means your actions in your life have consequences in the next.
if you believe that this life is it, no more after life. then you can do whatever the heck you want without consequences. thus devoiding your life of meaning and of coarse purpose.
purpose has to root from somewhere, and that somewhere is belief.
The teachings you're talking about came just roughly 2000years ago. What about the people before the bible came to be? I think our purpose depends not on any books but how we act towards our fellow humans. We are aware now of our actions and it doesn't need any divine assistance to know that we should take carenof each other |
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