I think, if the government applies regulations to the crypto currency it might be good because that means the government will support and accept crypto currencies so that we can more easily use them.
I am agree with you. If government regulate cryptocurrency, its mean we can use our crypto in any merchant. I think its good if government issuing regulation on cryptocurrency because investor will more confident and government can protect investor money from scam project if things like this are continued, many investors will be disappointed, if their funds are deceived by ico is not clear. to foster a sense of comfort for investors indeed role of government is needed |
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Ethereum is a good choice, especially when you understand that its price is so low like now. I believe that it will be gaining but it will happen not so soon - in 4-5 months.
hopefully your analysis will be achieved. because i also invested in ethereum given falling price. and we know that eth is still trusted by many people, as evidenced by still being ranked 2nd |
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So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Some people is already doing that. I don't know how but they do it. In terms in doing that somehow they have a difficult time on dealing with fees. i think that's what every trader planned. but they don't know when price is at lowest or highest point. if we can find out, of course maximum profit will be achieved |
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If in trading apply fast trading strategy,
What obstacles are constraints
and weaknesses?
In running crypto trading. We must use the right information to be able to enter a profitable market, and the traded coins must be very productive. As traders, we also have to understand the characteristics of the market, the nature of demand, and trade barriers which of course will affect the benefits we will get. So if the traded coins are real productive, I think 'fast trading strategies' might not be wrong. well, it's just that usually things like that keep us from big profits. if you analyze it it will go up in a long time, I think selling it quickly is not a good strategy. it only makes you get a not so big profit. but of course the risk is a little. this is usually done by scalpers. they buy and sell every day in a short time. with large capital, of course, it will also generate a large profit. but i think this will be consistent if done by experienced traders |
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Bittrex is a good crypto exchange where all the good coins listed and it has a high volume of growing coins while the best ever investment done through this it's trading is more than any other exchange and i am watching few coin listed on Bittrex.
besides, on the other hand it has a large enough volume, so it feels safer for coins that are listed in this exchange. of course this is evidence of many members of Bittrex |
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If you want to be successful in trading then prepare yourself sacrificing a lot of time in trading. I tried to focus on trading last year and it was really stressful for me because I've seen a lot of people already making money but I still don't But then after those frustrations and painful losses, bull run happened and I made the money and I have never made before.
of course the experience will be a good foundation. and experience takes time to get it. i think just enjoy the stages you are going through, so that later you will get what you want |
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Yes, the Bear market will end in October last, I can feel it. September month is the end today, And If SEC will reject bitcoin again then The first half of October will show the bear market. And after then, the Crypto market may increase and that will be the sign of the bull market. Though This is all of my predictions, I don't know exactly what is gonna be happen.
With what reasons make bearish end in October dude? is it due to the end of the year effect? but whatever the reasons come. hopefully the price is really improving and bearish can end soon because in 1 year the price has not experienced a bull trend at all ? This year is a difficult year, don't be too hopeful at the end of this year like last year, because you can experience deep disappointment, be optimistic, but too optimistic is not good. |
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Hey!
So, here is the deal:
Some of my friends tell me Cryptopia is a solid exchange to trade on. Especially for the smaller coins (not in the top 300),
But, some other friends absolutely hate Cryptopia, they say the UI sucks and it even has scam coins on them.
Both of them have a point, I know the UI isn't the best, but i also know it's good to trade smaller coins on.
I'm wondering, have you ever used this exchange and if yes, would you recommend it?
Looking forward to see some of your replies!
> Netcre
No matter how much you try to impress people, they will still complain about one thing or the other lol. The exchange is good, although I no longer use it. I used it once after someone recommended it to me. The coins they list there are are barely known, but whatever they still do their best. I no longer make use of it and what I’m using now is Binance. But if you want to use it, it’s good, you can go for it. i personally have trading experience in cryptopia, and at that time there were no serious obstacles. at that time i got tokens and exchanges available only in cryptopia. but if a larger exchange is available, of course i will choose it |
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Good day, mates. My strategy is to buy coins when the price drops sharply. Sometimes I fail, because the price drops more than I expected. But, to prevent this worse situation, I put 30% of my budget at the time of initial investment. If the price getting down again, I put 30% more. With this strategy, I am getting some money so far. In conclusion, I recommend you guys to buy coins when they drops rapidly. After sharp drop, there should be sharp rising.  That it drops sharply doesn’t mean that it will also rise the same way. It might even continue to drop from there, or if you’re lucky then it will rise. So when the price of any coin I’m interested in drops so quick, I don’t go for it immediately. I will first watch the market and see what follows and also seek for other people’s opinion before I invest. It can drop quickly, but that will not be the lowest. if i look at the trends that occur, and start placing buy orders on support. but i did it gradually, so to buy at the next support I still had capital. unpredictable price fluctuations, i think it's better to trade safely |
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probably the "terrorists and fraudsters" most of all happy bitcoin: D
and how in tax this all business will be made out?
i think that before the legalization of government, tax rules might not be applied. i think btc is currently going for that. i think the role of government will be very large, given investor confidence |
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There are no specific reason that bitcoin may change after a year, even their are lots of problem encountered by bitcoin it is still struggling to rise up again his name, rumors and speculation of others are still be honored but one thing for sure bitcoin will still on top and never change to others....
indeed no one knows for sure about that. maybe bitcoin has changed less than 1 year, or even more. but we believe that btc will change later. therefore we must be patient, and give positive news |
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You need to study one by one the main steps in trading and picking some good coins control the price and to become a professional trader in the future.
Initially you need to be careful about investing any amount. Normally you might need up to six months to master any area of interest you intend to step in to and this helps a lot in future as you start investing. To become a prefect trader, you need to have perfect market information and decision making power guided completely by market. This practice will make you a good trader and perfection further depends on the extra ability that could be put into the trading which makes the difference. right, but length of study remains dependent on each individual. of course technique and considering the news that occurs is the subject for making decisions, and it must be done continuously, until finally we know characteristics of the market |
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I sort of agree with some of the comments I've seen already that certain months may be less advisable to trade than others but if I one was to be particular about it then I would say there is no strong evidence that such months are September for example. I think it rather varies with time and people's perceptions at that time.
if we observe, indeed in that month, the market seems less friendly and difficult to predict. but patience to achieve the target is also important, remembering many panic then selling it, even though market ongoing reacts to rise |
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It might likely happen next year as most of the positive news we have this year are going to be transmitted to bullish trend by next year. I don't think we should be making a wrong investments decision if we do invest now and holds for the next two to three years as that is the same thing that was done by some investors in the past and make money in 2017 when there was bull run.
In the cryptocurrency market, anything can happen but the growth too fast as such calculations are too large and very difficult to happen. The world financial markets are in deep decline and I think it is necessary to recover at least 5 to 10 years to recover. So Bitcoin's goal in the next two years is to reach $ 20k. realistic thinking. at this time price is back down again. and there will be more and more people panicking, because for a few weeks we see prices tend to be stable and green, just enjoy trading so you can blend in with it |
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10% every week may be possible by choosing good and prospect coins. I trade in binance and can get 1-2% a day which is important do not panic when trading because it is normal if prices go up or down
chances are there is always a chance. but a total of 1 month is 40%, i think that is the big profit generated. if you can consistently achieve consistently, that means trading for life |
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but sadly, a large percentage of the population does not have knowledge in digital world. maybe not yet, therefore rendering people zero trust and zero interest in bitcoin and all its online counterparts, as long there are people who has no access on the internet, computers and online businesses, the stigma on bitcoin and other cryptocurrencies will ramain as a hindrance for bitcoin to penetrate the entire world population.
i think many people in the world know digital technology, but they don't know bitcoin. with bitcoiner data only 1%, it has a great opportunity for investment tools later. and i think more and more countries are starting to introduce it. |
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It is interesting for me. People deliberately spread panic in order to achieve even greater fall of BTC, or do they really think so ?. I am sure that nothing will happen to BTC, because there is too much money here.
with the increasing number of bitcoiners, then it is difficult to move the market significantly with its funds. so they make negative news about it, and move bitcoiner's panic to achieve the goals they want |
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I think Bitcoin should be as stable as it can be. As it can solve my problems in the market and Bitcoin was not actually designed to be A trading asset, if we see the current price and the price of a year ago you can see the difference in the price. At that time Bitcoin was barely at $1,000 but now it has closed even $9000. I will say it is normal for Bitcoin to go up and down like this .imagine what people have felt when Bitcoin has dropped from $1,000 to $200 with the mtgox exchange crashed.
no one can manage to ensure and know future developments and prices and that has become a risk in investing in crypto currencies and in the current situation it takes confidence and patience the main capital in investing Yes, in crypto currency all coins is have a variable value and sometimes it will abruptly down and up because it is volatile in any market movement. The current situation and even from the past month that the bitcoin's value is having slow moving up and fastly go down in an instance of a dump. for those who have long been involved in the world of cryptocurrency, i think this has become a day-to-day view, but for beginners, of course, feel like heart exercise by seeing a sudden up and down movement |
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I started my cryptocurrency journey around July 2017. I bought some altcoins; verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!
I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.
That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.
Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?
But I am wiser now.
Does anyone have similar experience
a bitter experience I think I often get when making a trade investment requires money for the need that urges sales prices to drop dramatically and even suffer losses of course if the price is falling dramatically you are only enough to hold it back and be patient to sell your coins. keep believing that the price will rise and don't panic when it's like this because if we panic it will bring harm to ourselves. if it's a sweet experience for you, it's different from me, when i sell tokens with high prices, then price goes down. and make a sense of relief, because fortune is still in my hands |
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Bitcoin has never been a safe investment! Bitcoin and altcoin are high volatility, high risk and but if successful, the profit is quite attractive.
Bitcoin security depends on each individual person how he secures bitcoin in his wallet. of course if the person is always careful and careful there will certainly be no such thing as theft or fraud. it is seen from security of oneself. but globally, bitcoin is a safe investment because more and more people are using it, and more and more countries are legalizing it. so that in the future btc will shine |
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