the main exchange criteria I choose before trading is the bitcoin volume that is traded in the exchange, I would prefer trading on the exchange that has large trading volume
You must look at the volume before selecting an exchange for trading with cryptocurrencies because it depends upon you to go for either high volume or short volume exchanges. Binance is best for high volume while Bitmex is better for short volume, however we are discussing about Binance and Bittrex here on the forum so the difference lies in these two is the simplicity and volume that is why I am looking for Binance as a high volume exchange and simple to use. |
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I have been following bitcoins for the past 4 years. i am an Enginner. i remember how bitcoin was introduced to Me. To be honest, i was thruogh ponzi. i used to deposit over 0.1,0.4 to earn 0.7 to 0.9 bitcoins and i made a lot of Money. then, suddenly i decided to go for the killer jackpot and stack all my btc for once. i can remember clearly when a friend was advising me NEVER TO PUT ALL My eggs in one basket. i refused to listen and insist that it is only by strong will can one survived.
Unfortunately I LOST EVERYTHING. IT was my life saving. Both my earning and my interest.
To cut the story short. i borrow money form the friend that was advising me not to stake everything. i need to pay back. But i will never depart from my lesson learnt from the bitcoin stuff. i bought another bitcoins last year august and keep it away from anything. i strongly believed that i will still get my money and my friends money.
Thanks to the current Market, I HAVE TO SELL EVERTHING TO PAY MY DEPTHS.
NOW I AM FREEEE.
Lol… well, I’m happy you made money to pay off your debts and now you’re a. Free man. Debt is not a good thing, it will have you thinking everyday. Well, most of us here are all are happy now for your story, but what about those with a similar story as yours, but ended up still losing their money… they will be in big regret by now. That’s why it’s not good to borrow money for investment, in fact its not good to borrow and that’s something I’ve never done and never intend to do. And I also advise people to watch their investment at all times and do the right thing. |
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This is a very good idea and if there is a special application to sell and buy using bitcoin, it will strengthen and cryptocurrency will develop well and can strengthen to give each other information and ask questions.
I hope in the future there is a special application for cryptocurrency and can give and receive good and profitable things.
I really appreciate your idea for selling items online for bitcoin. By this way more and more people will use their bitcoin for online shopping. The world is turning towards cryptocurrency and in the future the whole world will use only bitcoin for their needs because bitcoin is the leading crypto in the world. Bitcoin will take little more time to hold the market. Selling of the items using the power of internet is indeed a very good idea and that too when you are demanding for the crypto currencies in return as this will then help you in having more profit as the market value of the crypto coins keeps on rising higher with time. However, you need to keep this thing in your mind that you will not be the only person who will be doing so and that there will be a very tough competition then. |
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Think positive, if you lost something or you experiencing failure now, don't quit and make that failure a motivation, don't lose hope, price will rise again and the market will survive.
Panic, impatient and emotional people cannot invest in bitcoin because bitcoin is for cool and patient people. I want to tell every investor not to look the price chart on daily basis. It is good for long term investment. Don’t even think of selling your coins in such a worst situation. If you think of losing your money you will never sell your coins for low price. It is no doubt not possible for the ones who are bad in controlling their emotions to make some good profit because of the investments which they have made in the crypto world as the moment the market value will fall down, they will get panic and then will go for selling of all of their coins which will then result in huge loss and then they will only regret to what all they have done. |
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You would be surprised about all the shitty things they (can) do in order to prevent a collapse.
This is the only thing that can lead your institutions to fall from the summits to the ground and has serious consequences in countries like China, North Korea and Philippines Manila where thousands of lives have been put to death for charges of bribery and corruption that is the misuse of power. It also questions your moral standards and your level of humanity for bribery implies depriving the right person from his constitutional rights and giving to someone else. |
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Hey guys, i want to know your opinin about - if there will be again dump and when is the best time to buy altcoins now?
We are in July now and the market is green although it has been expected but no one thought it would come this fast. This is a great development, hopefully Bitcoin will reach 20,000 this year. Well this is because Bitcoin has had a huge hold on the crypto market and has one of the huge market cap in the crypto market so it in one way or another influence the crypto market and its rising trends are followed by the rest of the crypto in the market. Besides, we have had positive vibes and some good speculations by top experts about Bitcoin that it will rise and will have a value more than $20000 till December. If the pace remained the same. We will have a vibrant market till the end of the year. |
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Now is the worst time to invest, at any time the whole market can collapse by minus 20-25%. Be careful.
I would ask you how did you predicted the fall and what index did you use while doing the math that gave you the -20-25% collapse? In my opinion, I do not think Bitcoin market will fall again and a 20 to 25% fall is impossible now. We have rather a rising trend in the market and factors like the inflow of funds and stability that imparts strength to Bitcoin are positives. SO we would rather have the price rising and might reach to the highest in history soon. So yes it is the time to invest in Bitcoin. |
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yes of course the price on the exchange is all very easy to manipulate, if you have a lot of trading capital then you can control the rise and fall of the coin price.
Well about the price manipulation, I think there is manipulation but about the fully price manipulation I am not so sure because the price of the crypto cannot be fully manipulated. Think about the market factors as well. If there were fully manipulation of the price, we would have no fluctuation in the factors like demand in the changing market condition. Furthermore, the quantity of coins the whale use to affect the market is far low than the quantity of coins held by the remaining users so in one way the effect of manipulation could be subsided if the rest of the users play the game well. |
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What do you mean to find? If you are talking about minining or trading, then really these methods are effective. You can also join Bounty campaigns. This is one of the most popular ways to get coins today
You can find good crypto currencies in the market but doing the crypto evaluation and checking out each and every factor that can affect your investment in future. The first I often talk about is liquidity which is the pace with which you can convert you coins into cash. Another factor is the risk attached to your investment in a particular coin. Third is the future return which means how much can you actually earn in one point in future. The market status also matters the most and finally we talk about market cap or a crypto. The more you research, the more you understand the techniques to choose a good coin. |
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Yes, i do want to learn the basics of trading to become a good trader and earn much. i think all traders of coins have the same goal. i read articles on the topic and watch videos offered by experts who share their tips
I would also love to share some tips. For basic trading, you have to learn all the basics of trading which involves market, the asset you want to trade in and the market conditions specially. Having perfect information about the market will enable you to make wise investment decisions. Information about the asset under consideration for investment and the risk attached to the asset is the bottom-line of investment. Finally we come to the response to the changing market condition which basically is the final step you have to pass. |
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I think all rises are looking similar and than it will look similar when going down. It will go up and go back down. This is not a weird surprise, it is always the same. Do you think btc will go up to 500k levels without ever dropping? No. It will go up a bit than go down a bit but in the end it will always break its ATH levels in the long term and will only go down a bit. It will go up to 100k one day (maybe will take a decade who knows) and it will go back down to 60k and everyone will go "bitcoin is dead" "bitcoin will go down".
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The only reason is the adaption. There is still not enough places we can spend our coins to live off it. I mean I understand bills can be paid in fiat but as long as your regular marketspending like pack of cigarattes, a bread, a bottle of cola, bacon etc can't be bought with bitcoin (it can be in some places but not global AT ALL) we will need to sell our coins to fiat which means bitcoin will keep being slave to fiat.
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WHY THE CAPS LOCK ON THO? I think bitcoin provides people with a currency that can not be controlled by the goverment and the regulations that dollars are so used to. Dollar is shaped the way what companies lobby poltiicans to shape it.
Unfortunately the richer gets richer and poor gets poorer in dollar markets. Yet in bitcoin there is only 21 million bitcoin, which means even the millionaires of the worth can't all have 1, there are more than 21 million people who are millionares, that means if all millionaires tried to own 1 bitcoin, they can't. It creates an equal opportunity chance to poor people and rich people.
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It is all about the risks and rewards. If you buy bitcoin right now and hold it until you are retired than you can have a lot of money with you, thats the same for alt coins as well. Yet if you daily trade, you can lose all your money if you are emotional and have trouble holding a coin etc, if you select badly and what not. So one way you are going to be well off in the future, in the other you are going to either make that much money in a month with good daily trading or lose everything. It is all about the risk and the reward.
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Investing in cryptocurrency is a mechanism for building wealth, but it is not only for the wealthy. This is why our community is growing. Anyone can get started investing in crypto, and various options (BTC, ALT Coins, ICO’s) make it easy to begin with small amounts of fiat and add to a build a portfolio. What differentiates investing in crypto from gambling is that it takes time! There is not a get-rich-quick scheme.
The Definition of Investing is, “The act of committing money or capital to a venture with the expectation of obtaining an additional income or profit.”
Legendary investor Warren Buffett defines investing as “… the process of laying out money now to receive more money in the future.” The goal of investing is to put your money to work in one or more types of investment vehicles like cryptocurrency, in the hopes of growing your money over time.
Remember we invest so we can “work smarter and not harder.” If you are like me, you work hard at your job. It doesn’t matter whether you work for a company or own your own business. We all work long hours which requires sacrifice and adds stress to our lives. Using some of our hard-earned money and investing for our future needs is the best way to make the most of what you earn. Pay yourself first by investing.
Investing is also about setting priorities for your money. Spending is way too easy and provides instant gratification. New clothes, exotic vacations, fancy dinners and flashy sportscars are wonderful and make life more enjoyable. However, investing requires prioritizing the needs of our financial futures over the wants of our present desires. Investing in cryptocurrency is a way to set aside money and put that money to work for you so that you can reap the rewards of your discipline in the future. This is how you receive a solid future.
There are several different ways you can invest in cryptocurrency, including putting money into coins, tokens, ICO’s, Bounty Campaigns, etc. Every investment vehicle has its positives and negatives. There are no guarantees of making money, but a little work on your part can increase your odds of being successful. Analysis, research and even just plain reading up on crypto can help.
No one investing strategy or approach fits all. Every investor has different reasons for investing, different goals, different time horizons and varying degrees of comfort with investing. It’s important to define and articulate your own parameters.
You must set goals. What do you want to achieve for the money that you will be investing? Is safety of your investment with some level of return sufficient? Are you trying to grow your money for a longer-term goal? You will even have different types of investments for different goals. Before you decide to invest any money into cryptocurrency it is imperative that you understand why you are investing and the result that you desire. Goals should never be created in a vacuum. You also need to know your risk tolerance and your time-line as part of the goal-setting process.
Risk can mean a lot of things. Investing in cryptocurrency means you have a risk of losing money. Your money invested can decrease in value, possibly to zero. ALL investing involves risk in one way or another. Stocks often can go down in value over periods of time, just like crypto. Do you remember what happened in 2008? The S&P 500 dropped by 37%. This decline in the stock market was one of the worst in history. Severe market corrections are not uncommon, especially in cryptocurrency!
How much of a drop-in value for your investments can you tolerate? Your tolerance of this risk is a function of when you need the money. This is your time horizon. Usually, the younger you are the less thought you give to fluctuations in the value of your investments. This is the volatility of an investment. You should align your investments with your time horizon.
How long are you going stay in an investment? Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. This is generally known as a “buy-and-hold” strategy. There are extreme traders who buy and sell cryptocurrency daily. This is fine if you are a professional but is rarely a good strategy for the average investor. I am not saying that you need to hold an investment forever. Things change, and you should analyze your individual holdings on a set schedule to ensure they are still appropriate for your situation.
Some crypto-investment vehicles require sophisticated knowledge and monitoring. Others are more set it and forget it. Your individual investment decisions should be based on your comfort level and your willingness to devote time to researching your choices. An easy route is to choose a variety of cryptocurrencies. A diverse portfolio of BTC, ETH, LTC, and BCH. Crypto investors with more knowledge and experience might consider ICO’s. It is important that you understand what you do know and don’t know. You should never be talked into something that you don’t understand or are uncomfortable with.
Being an investor doesn’t mean that you should quit your job, you can be an investor and still continue your main job of whatever it is that you are doing. Another thing people has to know is that there will always not be profit, mistakes and loss do occur. The price of Bitcoin will not only be going up. There are times it will also go down, I’m saying this cause most of these investors I’m seeing here, especially newbies think that the price of Bitcoin will be going up only and not fall down, I want them to know they are wrong. And just like the op said, let’s learn to work smartly. |
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Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.
Makes no sense to me. Do you know how many people invests their money in Facebook? And do you know how much they are making? Lol. Facebook is one of the biggest companies in the world and is the dream of most computer scientists, programmers and lot of others. You can’t expect a big company like that to be talking about Bitcoin, that’s a stupid idea and they wouldn’t take it. It’s a big company itself and brings in lots of money, so no need for them to do so. |
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Blockchain was imagined as an approach to guarantee the dependability of the digital currency Bitcoin. It is a genuinely basic idea, an advanced record that record all exchanges that happen inside its framework, much like any firm or individual monitors their funds. The distinction is that the record is freely accessible to all individuals in the framework, making it difficult to adjust records without being recognized. This implies individuals can assume that money related records are totally exact without relying on a reliable outsider like a bank, a legislature or an application to affirm it.
This has expansive ramifications crosswise over numerous businesses. Not exclusively will it cut expenses and enhance proficiency by evacuating outsiders, it additionally considers far more noteworthy adaptability by giving exchanges which are an unchangeable reality, which can encourage the sharing of accounts. For instance, blockchain can enable companions to share protection, or neighbors to have a similar vitality contract and guarantee that everybody pays for precisely what they utilize.
What you are saying here has nothing to with the topic. I don’t see any way the explanation you have made can help change the economy. And by the way, Bitcoin can’t change any economy, it is we the people that decides whether we want to change our economy or let it remain bad. The only way to help our economy grow is through good governance. When the government are not doing what they are supposed to do, then there is no way the economy is getting good, it will remain the same. |
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Omg I just checked on the price and it suddenly took a leap from 8.8k to 9.3k$.
People predicted it would reach 10k$ by year end ,what are your predictions ,any new trading strategy you have come up with?
The market is currently down and we can not see the direction of it. The current market is really hard to guess. We should not risk trading now. Wait until the end of July. If there is a red market, buy Bitcoin and hold it for a long time. Its price will increase in Q4. This is an old thread but let’s discuss about the current price of Bitcoin which has decreased and has declined a lot. Few days ago the price fell down to the lowest price recorded this year but now it has recovered and we have seen a little recovery from yesterday’s price. Now people will start to sell their Bitcoins rapidly which is not good for the Bitcoin because it will decline the value further so do not sell now and wait for the price to go higher so that you get maximum profit. |
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Hey guys, there is a time that it comes to my mind that what should i do, wait for a long time or we can say hold for now or take a risk and grab the opportunity to have a money in your hands???
What do you think guys??
Depends, if you think that opportunity can makes you get much money then just go for it but you must think that too, is it worth to take the risk or not. If not, just play safe and be patient. For me, I prefer be patient and wait until the moment is good. For money we take risks as we need money and we are thinking all the time how to make money but let me tell you how to make money. Now invest in the current market of Bitcoin as much as you can so that you make a large collection of Bitcoin. Now you are in a position to hold all these coins but do not sell directly after finding a little increase but should wait for the price to go high and when it goes high then enjoy your profit risk free if you are a person with knowledge. |
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here you go, have a merit for your honesty  anyways in 2015 the price had reached the bottom between $200 and $250, there is always some fluctuations in the market so t here is a range of price as the bottom, mostly at $220 though. and the drop that happened was a one time short lived dump that pushed the price to $150 for a couple of hours only before it jumped back up. it was done to test the strength of the buy support by some whale and the fast jump back proved the accumulation that was happening back then. Cheers for the merit mate! Is it copyrighted by you? So I can use the name in the future, as I'm probably going to use that phrase again. I remember the 2015 dip, was watching it live on my phone (I think it went to $144 in bitstamp) and telling some friends that it was a really good time to buy, only one of many listened unfortunately. Let's hope I'll see a big dip this time too and can buy some cheap coinz  I'm gambling a bit atm, keeping my fiat ready to buy some in the 3xxx area. Buying at bottom or selling at ATH is like winning jackpot. You, me and no one else on this forum won any jackpots so far. It is waste of time to fell bad that you did not sold at ATH or buy at bottom. You will just worry for nothing. Oh, don't worry, I won't feel bad if I can't sell the peak or buy the dip, if my prediction fails I just spend the fiat for more expensive coins, that's all. So I'm not worrying at all, I just have a gambler spirit and I like to test my own theories out, trying to be subtle makes things more interesting. Being too balanced is boring. And boring is just, boring. I will talk about the current market situations and not about the future because predictions are not accurate as we have observed many times in the past that actual value differed from predictive value so this difference is due to changes take place in market factors. The price may go at the bottom in future and may not depend upon demand rate at that time so we can not say anything accurately. |
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