as a newbie and still studying how trading can be profitable,I 've invested 96dollars for my poloniex account and I lost about 20dollar due to buying high and selling low as a result of fear of more loss but when I discovered that patient is the key to make profit in altcoin,I decided to wait and right now I am having 110dollar but will invest more at the end of this month because I now understand how the game is been played
If you dont have patience on doing trading then most of the time you will surely lose up money because this is how trading works the impatient you are the more the risk on losing up funds. Same here, i did make the same mistake when i was just still a newbie on where i do sell low and buy on highs because of lack of knowledge but later on i gained experience and knowledge and now somehow patch up the loses that i made on the past. Currently im holding up on 5 altcoin which most of them are on the top spots on coinmarketcap.
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I think Bitcoin will fully grow in 10-15 years and then everyone will believe in it. It will easily last for more than 5 decades for sure.
everything take some time even you have to put some hard time but there you dont need to put some hard time there ,bitcoin give you a way where you get your dream comes ture but make sure you are doing right thing, Theres always a time for everything and nothing on this world does really last forever but we can somehow say that bitcoin would really last longer if we do see the potential and the innovation that it mades when it comes to payment system and at the same time on making money or serve as an investment. As long there are users of it ,then it wont easily die for sure and we wont really like for this thing to happen on bitcoin.
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You did make a good technical analysis regarding on the good support which it did really bounce up when it hit the support level which now we are seeing already the price starts to go up again and it seems they are accumulating again cheaper coins. Which i do really expect that the price will surely reach up those previous ranges on 2400-2500 which is really great. Possibilities on hitting up even 3k is there thats why we should really watch out into this drama.
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Wow !
It's so good to see a young team (Thumbs up). I always say age is not a need. However experience is a need.
We're running in a world, in which charity has not 100% effect. With Tribetoken, I hope that the low transaction fees on a decentralized charity platform will improve the profit for the ones in need of help.
Good luck Team!
Thanks for having trust in us. We have got the experience. Alexander Kozhukhov did Derby University on Computer Science. He will be the main developer for TribeToken and soon we will release some examples what he can do with code for TribeToken. I hope to make more announcements Monday evening. What would be the thing to be announced this evening admin/dev? Im quiet excited on what you are going to say. I do really have high expectations into this project thats why i do love to promote it.
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Bitcoin show signs of popularity to every people in the world, profitability of it makes me imagine that one day we can deposit and withdraw bitcoins in Banks. If it happens, my question maybe, is it good or bad? for us bitcoiners, or for bitcoin itself.
In my opinion: what yours?
No it wont be possible thinking off that both things are on different paths which we can able to say that they do have different features. A centralized one and a decentralized one which means combining them wont really be possible and government wont really back this up since bitcoin cant be taxed and cant be controlled. Fusing these two things would be somehow useless because bitcoin users would rather choose up on holding their own bitcoin than putting it into banks.
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i am not trying to turn this into another one of many speculation topics, i just want to point out that if people started educating themselves about bitcoin itself and the market and how price moves instead of hanging around bitcointalk and reddit and waiting for random newbie accounts to tell them "panic this is the end" they would have been a lot more successful in their lives...
what do you think?
Those newbies you are talking too are not actually just a complete newbie but there are some who are being created just to create a fud and shills/hype and going with the flow on the current trend of the market.Some of them are already high rank members who are just keep shilling on the community.Total newbies do really need to learn up new things on here on this forum since its the most essential place to learn up about bitcoin and other cryptocurrencies.
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market is more unpredictable than ever just look at these past days
How come and when does the market becomes predictable? Never right? This is the hardest thing as being as a trader at the same time as an investor on which we wont know on where do prices do go. If we did bought on a higher price then it eventually dumps out then we do really feel panic and might decide to sell for cheap on cutting loses. Telling and comparing past days price movements of all crypto. It feels like we are inside on an airplane and do crash to the ground gradually.
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Holding any coins at this moment is insane. Price is droping a lot and in my opinion there is no use of holding coins, it's better to sell them and wait for even lower price and then buy it.
This would be the best stuff to do in able to patch up your loses on those expensive price you do bought your coin. Holding up would be somehow hopeless to me considering that seeing those prices again would really takes time knowing that recovery isnt too fast in crypto world but we cant really force people on what would they gonna do since its their own money and we cant do anything about it.Theres no fool on this trading world its just normal that there are panic sellers and holders on this kind of situations.
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In my country Bitcoin still havent been taxed as of now Its not still accepted and regulated but there is already a local wallet service provider do offer on buy and selling bitcoin which im little bit in doubt on buying since spread of buy and sell is too high which i do save up money for having a bulk transaction on buying bitcoin without being affected too much on the spread. Tax isnt still imposed but those high spreads i consider it as tax. lol
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...will be launched on the 1st of August. Are you happy with this?
Its not actually doubler but a dupe or cloning. I have a mixed feelings on this one which i dont really know on what i gonna supposed to do since i do have some bitcoins on my cold wallet if that August 1 event would split those bitcoins then it would be .5 .5 would happen to my bitcoin? Im not really too familiar on this split thats why im somehow excited for this event to come and now we are already seeing bitcoins price is slowly or gradually decreasing overtime which i really dont like to see it that way.
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Based on my own technical analysis i.e analysis using japanesse candlestick pattern shows that price is on consolidation or correction and there is the tendency that the price will begin it's journey northward any moment from now therefore don't panic it is a rule of trading.
Using technical analysis on trading is really good but it wont work anytime here on crypto world and those analysis would be more useless since market movements doesnt rely on anything like news or any thing that do we here everywhere. Correction of prices might really have sense knowing that prices do pump out high since on last years which we can able to see that prices do really go up but now correction phase have began and panic would really be a normal thing specially for those who bought on peak prices.
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
Nope they cant hack your wallet even how professional or expert they are as long you didnt expose your private key to them then theres no need to worry of getting hacked because cracking a single address will really need huge some of computing which is only available on quantum computers but now its not still possible to hack or bruteforce a particular wallet and thats the beauty of using bitcoin.Just be sure to kept those keys safe specially when you are storing up huge amounts of bitcoin in to your wallet.
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I should not stop trading.I will not give up because I have 40% lleft to get back all my loses.Its on what I beleive and I feel that in the end i'll be successful trader.I should focus on my profit.Even if I failed but still I have the hope to be rich though bitcoin.I will keep on hoping until I have breathe theres still I can do to rise up and move.
Thats the spirit we should not give up inspite of those loses and as long we do have still balance theres always a chance that we can able to earn it up again those loses but we should really be more wiser as of now and learn from our past mistakes that we done. Stopping completely without even trying to improve is on ones dumb decision but well there are people who are really easy to give up when they already experience defeat or failure from the very first time. We should really take or accept this loses in able to be molded as a better trader later on.
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Don't be afraid for your money, Ehterium has already passed through the split, and it's all right.
This is what im thinking too because i do see on the situation of Etherium when it splitted price have been affected but in the long run it stabilize and now it rose up huge the same wit ETC the another half. Its still have value bot not equal on ETH itself which i can say that it would be the same scenario would happen on Bitcoin incase if theres a split. Wondering what would be the name of the 2nd bitcoin? Anyone? Ex. if i do have 1 bitcoin if it splits, what would happen actually? 0.5 pure bitcoin and the other 0.5 is the clone?
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So situation will be clear after 1st august right? anyway there will be split or not btc value will explode after 1st august, am i right? Situation will be clear after this time.
If bitcoin would explode then price would really be affected but we dont know if it would pump or dump after the event for now im ready for the things that might happen later on.I have some bitcoin holdings and as being suggested better not to make nay transaction into those day or near house of it. Just wait for the wallet provider could able to update themselves regarding on the case of split would happen.
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I want to understand how bitcoin price fluctuation. ??
From the word fluctuation you can able to identify on what is happening. Here: The noun fluctuation refers to the deviations along the path from one point to another. We see frequent fluctuations in the stock market, as prices go up or down, and also in the weather, which is always changing. Even on a simple economic class you can able to tell whats the reason on this such movement. Its a simple supply and demand story which really makes the price do moves on various ways.
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i use blockchain.info but now its error cant login.
What error you faced with the blockchain,info wallet? Could you tell us more about your problem since there are so many users faced some minor problems with this wallet. Maybe his pertaining on error on logged in just like forgetting his password and yes he should elaborate even more what error does he experiencing so that community would able to tell him what would be the best solution. Knowing blockchain.info wallet i dont have bad experience on using it and this is actually my first web wallet which i do store my bitcoin earnings most people said thats its not good to store up on this wallet but still i do have trust on the security of this one specially now that you do have already the possesion of your own private keys.
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Design is so important that it is causing people to invest in scams without even properly researching what they are investing in. If you look at some of these ICO's they have beautifully designed logos, websites, infographics etc. but then a 6 page whitepaper with an abstract idea that will be realized in the year 2050. But thanks to a great design and marketing will raise 10's of millions.
Then there are some great projects with poor design that doesn't even reach a million. So yes very important.
This is why some scam ICO do really give attention or importance on making up a convincing graphics to the eyes of community specially on investors because they do know that if they wont put effort on their design people will really neglect it and thats a normal thing,we dont like to invest on a project which isnt good at design at the very first place. having a good design does really have the advantage compared on the ugly one and this is one of the most important thing on a certain project.
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Hello everyone ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) So I was ordering a few items online from a place that accepts Bitcoin, and for an item that costs only 24 Euros, the send cost was 7 Euros! That is too high! Bitcoin transaction fees should be very minimal! Is there any way to resolve this or is this to do with the blocks filling up? 7 euro is too much for a 24 euro transaction and i would like to ask on what wallet you are using? If you are using blockchain then theres an option on where you can able to edit or set up a particular fee. that 7 euro is way too high for a fee and going back on previous months the max fee did i see is between 2-4 usd which is already high, how much more on 7eur. This is one of the reasons why do people switch on alts like ETH less fees less confirmation times which what im doing as of now.
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I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.
The reason why you are holding while the price is still down is that you didnt lose money at all compared on selling it on a cheaper price or cut loss is considered negative income in trading.If you do have weak hands you will eventually sell off because you are on a panic that it might turn to 0 value but this is not true.Price might decrease but there would be a time that they will recover soon.Just hold and wait for prices to comeback as long you didnt sell those coins it cant still be considered as loss.
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