I fail to understand how it's hard to notice that people aren't just going to give you access to their rigs and ASIC miners and pay you profit from it (without it being a scam) or that these lifetimes contracts are actually going to lead to profits, as companies like gensis mining are only going to pay out if its PROFITABLE FOR THEM AS WELL.

What's so hard to understand here and why are people, joining into this cloud mining scam?

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I am a little confused here to determine what is a good coin for me to buy for daily trading and for long term trading because currently available a variety of alternative coin (altcoin) is very much but there are some coin that is not good and there is also a good coin for that please give me the tips to know how to see a good coin for daily trading and long term trading, I hope this is not just for me alone but it can be for the knowledge for new players who are still confused to determine which coin is suitable for daily and long term trading and why did you suggest that coin?

I don't necessarily think it's that Mark doesn't like cryptocurrencies. I just think there's a lot of scams and fraudulent ICOs that he doesn't want that on his site. Just recently, many people got scammed with BitConnect and there have been many other fradulent businesses. Therefore, I could see why he wouldn't want that on his site. To me, it makes sense. Imagine users on the site clicking on an ad and giving money to one of these scams. Then when facebook actually does implement a legitimate cryptocurrency, people who were scammed would be so turned off by it. So I could see why he would take this approach. The cryptocurrency world right now is like a needle in a haystack. There are many illegitimate coins out there and a few jewels. Picking out the jewels is not that easy. Therefore, to protect consumers and to keep the reputation of cryptocurrencies intact, it makes sense to do what facebook is doing. This is just my opinion.

How do you trade? Do you still follow the buy low and sell high? Are you still looking on the charts to predict the future value of the coin? Or Do you just use your instinct and trade base on the volume?  Some people are still panicking if their coins go dip and just sell it before they lose greater sum of money. People whose enemy is their own emotions. For me I am studying the charts of the coins which has a high potential to pump even though I'm not sure if it woll really pump. If not, I'm just holding it until it does. I am controlling my emotions and think calmly so that I can resuce the mistakes that I may done with my decisions. How about you?

I am eager to invest for now. But, I am still confused which coin should I choose. so much of his coins are good to invest.
I just want to get the best coin among the good ones to invest ..
please me, give me feedback. 

I am yet to fully understand how the bitcoin or any crypto, works entierly and if someone does not mind helping me clear a few thoughts that cross my mind.
if there's only 21 million bitcoins to be mined by year 2100+ , why is that the majority have already been mined in such a short amount of time, why has it been so "easy" ?
My understanding is that the miners are the ones that keep the blockchain alive. Now, that it will get harder and harder for them to mine, they will be less and less miners in the blockchain.
If they will make income of just the transactions, wouldn't that make up for higher fees? If so, doesn't that go against the whole idea of having small fees, compare to what the current banks offer.
At the end of the day, crypto its a good investment or opportunity for people to make money but when theres no money to be made, then what?
Thanks .

The real problem is that they didn't publish their financial statement!

Scams should be stopped or at very less halved. If the government is here because of that let them do it. But the real problem is that the government is looking into matters that are presenting some kind of threat to them even it is not a scam.

Right now everyone is excited about the cryptocurrencies thinking that it will be the future, and surely they are right, but what kind of future?

It is not a secret for those who want to realize that the control of the world is centralized in powerful and influential families that can control the economy of even a continent, and with capitalism, controlling the economy you can control any sector.

What if, with the globalization of cryptocurrencies, they obtained the key they need to solidify their centralized control over the world? And if in reality someone knew how to hack the blockchain?

And that we were all wrong, thinking that we are decentralizing the economy, when in reality we are contributing to the creation of what could be the perdition of our liberty.

(I used google translate since I do not fully master English )

I am interested in trading lesser known Cryptos, XRP, XEM, DIM, etc. I wonder what exchange you guys are using? I will be in and out trading on momentum. I love the charts Hitbtc has. And they have a large number of Crytos available, and they seem to have a lot of activity, but it seems everyone is always complaining about not getting their purchase credited, etc. To go in and out the purchase needs to go into the account instantly so it can be sold.

I have Bitcoin and Litecoin to deposit, just not sure if I want to go into Hitbtc? If anyone is trading at Hitbtc, would love to hear about it. There is no phone to talk to anyone there. Any insight / experience on Hitbtc, or other references for other exchange options is greatly appreciated.

Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything..

Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin.

Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.


For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading.
1) Solid Trading Strategy
2) Trade Plan
3) Money Management Skills
4) Reasons for Entries and exits.
5) Journal, News

P.s
I have quote some people words from my last topic

Someone just moved 40000 Bitcoins. And the best part is the fee! LOL

Just imagine the paperwork you need to go through if you are going to move 400M USD from one account to another if you are going to use the banking system.

https://blockchain.info/tx/92785a57f6e9e9eb9d37a00e6e8be7f888376f65fa2b8f868db261cbf6cca7b0

Hello everyone
I am newbie here in cryptocurrency trading so i can feel what newbie feel when they start trading.
As newbie, one thing we have to do is learning. Learning can be from any source for example this forum, google, youtube or maybe private with expert. You can choose betwen those source to learn how to start trading so of course we do it to get skill which we can use to trade. Skill is very important but there are other thing such characteristic that we can not learn so easy from those source.

1. Greedy
Greedy is first characteristic that can make us ending in loss. If we trade without profit target, this greedy can kill your profit. Try to make target for your trade for example 50% or 100% from your capital in long term or 5% in short term. Sell your asset after touching the target, if not the price maybe go back to bearish.

2. Patience
This is specially very important for long term trader. Dont ever sell your coin in the bottom of buying price. We should be patient waiting the price return back to bullish.

3. Panic
Panic can be solved by choosing the right coin. Becasue if we choose the shit coin then we will sell it in panic if the price goes down rapidly. So panic also very dangerous for our asset value.

4. Confident
Confident is needed when we try to pick the right coin. Without confident, we can miss the big chance of the profit because waiting too long to execute. But please dont over confident.

5. Doubt
Dont ever doubt if you think that is the good coin, just do fast reaction to make good profit. This doubt can be solved by doing good research before picking the coin.

I think all trader have noticed those above characteristic but thats special for newbie like me and other newbie.
I am not expert so i can not explain it well and i hope any expert can correct and add others if i miss it.
I hope it can be usefull for newbie.

Good news for XRP holder, because ripple company has new partner now, ripple say " since launching xRapid late summer, we have signed on 4 costumer : @moneygram @Cuallix @IDT_corp and @mercury_fx_ltd -payment providers are leading the way to use xrp in real money pilots. Ripple is in top 10 in coinmarketcap. Be smile guys
Im sure xrp will be bigger in the next
For complete information you can visit :
https://twitter.com/Ripple/status/956558033731010560

I believe with this post you have tried your best to give info on the trading for "newbies".


This is why we have the BCT forum, to resolve our queries and get lot of trusted info. ;-)


Always look for the data from the trusted sources like #cointelgraph, #coindesk, #bitcoinbullet, these are some of the masters in real time info provider at the twitter. They kind of provide quickies for you and can redirect to trusted sources so that you can analyse the data more deeply.

The whole crypto itself is very uncertain and we can not do anything about it but just keep analysing and hunt for the best data. 


This works most of the time because with that you know yourself very well. Where you can make mistakes, where you can go hyperactive etc. If you overcome the fear of loosing then your own strategies might boost your trade techniques.

Do not rely on strategies made by others because everyone's mind think in completely different way, you may not be applying it the same way they are applying it to their own.

Do not trade with Pump-Dump groups.

Never ever send any ETH/BTC to a wallet given to you within telegram or elsewhere by people pretending to be support/admin!

Hi folks,

What do you use as your cash out / take profit strategy? Do you even have a strategy for taking profits?

I have been trading for the last 6 months and more than once I have been in a position, which in hindsight, where I should have 'cashed out' a significant portion of my portfolio, but I haven't.

The obvious strategy is to take out your original stake and just 'play' with house money after that. I also read that if you double your investment in a coin then sell half which seems quite obvious. However, I have a long term vision in place (mortgage/house purchase) which makes me more inclined to leave the majority of my portfolio exposed to the market. I use Blockfolio app which makes it easier to track my investments and until recently I was just skimming the profit off successful coins and reinvesting in sleeping giants. This strategy was working well until the price of BTC nosedived by around 50% 3 weeks ago which makes me think a regular profit taking Into FIAT strategy would be far more effective.

I plan to ride the alt train for as long as possible. I follow the market daily which makes me confident to hold fast through the hard times but I feel having some kind of profit road map is a good thing.

Thanks for your input.

The biggest reason that all of the coins are put beside bitcoin is because that is where the trading happens, bitcoin is used to trade with these altcoins and there is no way of stopping that. Bitcoin is the biggest trading pair for altcoins, there is tether is being used as well as well as regular USD but it's not as big as bitcoin trading in the least.

That's just how it works around here, nothing we can do about it. The price doesn't change with bitcoin though, this only happens due to the fact that when bitcoin goes down that is usually a BAD sign for the rest of the alts.

hello

if i hodl bitcoin from 1 year ago, how many sh*tcoins do i have now and how do i sell them securely (not compromising my bitcoin address)?

thanks

I just wondering if a newbie like me just joined a campaign recently or i dont know maybe im not yet involved in thier campaign. Do you think it is bad to use thier code when you see your name in the spreadsheet? And what is the meaning when your name is on a violet color ? What does it means ?