I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.
The truth is that there is no golden grail. Many traders try to use historical analyzes (so-called technical analysis) to predict what will happen with the price in the future. Unfortunately, it usually does not work. In my opinion, when you invest, you should be guided by your own brain and do not believe in information from random people, but based on facts - that is, information from the coin developers. Investing or even trading it is not lottery it is all about analizing facts. Now, people are understanding about market and its temporary situations it has created currently for they are to make profit here that is why they have only one solution that is to wait till high market after buying Bitcoins or any currency may take time to recover its value again. Failure does not mean that the source is not good though other people are making profit through this source so it is irrelevant to blame any source. You should focus on your trading knowledge in order to deal with any market conditions. |
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I cannot deny that for a couple of months this years from January up to the present bitcoin was sharply decreased for almost 60% average in the market, and even majority of the altcoins too are little by little was also dumped its price value together with bitcoin as well, where most of the community got worried on the situation happened. And now we are close to end of 2018 and yet bull run is not yet happening while most of us here are waiting for it to be happen.
Trust me they are going to regret for their bad decision of selling at this moment, I think we should wait for the right time to sell our coin, before investing in bitcoin you will have to make good research, so during your research you will know when to hold and when to sell, so have patience if today market is down tomorrow it will be high, don’t lose your hope just try to hold, I am sure 2018 will end with a good news for all crypto currency holders. |
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As an investor, what should I look for in selecting the most ideal exchange platform?
Let me tell you about many exchanges are available in the crypto market and almost all the exchanges have the same work but the differences are on the basis of several things which make these exchanges different from one another. Binance is the one which is highly rated and best recommended due to the large volume as well as its simple use makes it easy for users to do their works quickly and easily. |
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considering EOS is the first commercially viable crypto, EOS.
EOS is a scam, please stop trying to convince suckers to buy this centralized piece of trash. EOS goes against the basis of cryptocurrency which is decentralization. Thats what they say back when ETH was starting. The famous Dan Larimer blockchain developer knew what centralized trash means, do you really think he'd develop one? Why people are shout scam is because they are aiming to buy. Are they still shouting scam on eth after what happen? EOS is the future. They are giving incentives to developers developing on their platform. Ethereum has been good choice for people long ago but now almost everyone is thinking to invest in one and only bitcoin, I have no concern with anything else but the bitcoin, I am sure it is the most promising coin, it use to increase with the price within few days, we need to show our importance for it, I think everyone should once it will give high amount of profit to them. |
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Cryptocurrency price movements do not have a leader or movement by someone, cryptocurrency prices have a movement depending on buyers and sellers who are affected by the presence of bad news and good news circulating in some media, so that cryptocurrency prices can have such price changes.
They are the one who are changing the price of bitcoin, when more people use to invest so price of bitcoin use to get high automatically, but at the same time when more people use to sell their coin price gets down again, so as per according to the amount of investors I am sure price of bitcoin will be high very soon, we just need to show patience our trust about the price of bitcoin. The more we will buy our income will get bigger with the same amount. |
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There are still so many people who believes in bitcoin and invest into it. So I think bitcoin will still rise anytime soon. Bitcoin is struggling in the past months. But it can recover again.
bitcoin and its investor trying to make its price recovered again.but unfortunately there is no good news as trigger for bitcoin movement. The price of bitcoin went down it will rise very soon, we should be positive, it is rising because more investors are taking part in bitcoin price to be high, it is highly possible to see the market situation even bigger than this, now a day time to be wise and hold, waiting is best option, we are investors who are going to so market value will rise itself but we will have to wait for sure. |
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In my opinion, we are not allowed to be rich, but we have not been able to get rich because it is not yet time, maybe we have to be a little patient because in the crypto world we cannot be instant to be successful. I'm sure someday we can become successful if we try harder to process crypto.
Someday we all will be successful, but it will take time, we should wait for it, being rich is our dream and our aim of investing in crypto currency, if we will not invest on red so we will not earn good amount of money, those who invest at green and sell red use to make the market price lower and those who use to hold at red but sell at green makes the price high. |
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I believe that bitcoin can surpass gold in the future. However, this could take several generations. old will still have a place for people to store value, however, this would be more attractive for the older generation because of the use and acceptance of it, and less attractive for the younger generation.
Yeah I agree with you. Bitcoin is the future currency and it will take over the market in the future although it will take long time. Gold’s features and benefits are different from crypto. You cannot use gold for online shopping while bitcoin is for online use. It brings easy in your life and you can do many things from bitcoin. Definitely it will surpass gold in the future. Bitcoin has already crossed gold but in terms of price. Gold has its own value and likeliness in the world and no other thing, product or currency can be compared with gold, because gold is actual money. The rests are the shapes of money. Bitcoin will never take place of gold because it is not used as regular money while bitcoin is currency and will be used in markets. You are saying two things at the same time, but in think you are wrong at some point because according to me bitcoin is kind of currency and money but gold is not the money, we should invest in bitcoin because it gives us good amount of profit but gold is not a profitable investment. It is an old times investment, indeed all of us should invest at the good times all of our saving to bitcoin, it will make our money bigger than double. |
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Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
To tell you frankly, cloud mining is just a piece of shit. Out of 100% of your capital your ROI after 6 months or more would be 75% only, if you invest on any cloud mining site. But if you buy mining rig like Asic or others it is much good though its expensive and will give you a high cost sometime in electricity, But I think it depends if the area is a cold place. Bitcoin mining machine can really give you a passive income as well. Bitcoin mining is not an easy job and need many things like place for mining, big investment, experts and electricity. In these days the price of bitcoin is not good and miners are not making any good profit, therefore they are thinking about quitting mining. If these miners quit mining the supply will down more but the price will not go up because it is not a product of daily use. I don’t believe in cloud mining because you don’t know the miner and give your money to an anonymous person. It is much better to set at home and done work. Atleast you will not lose your money if you are not earning. Cloud mining means to give the keys of your wallet to a person whom you don’t know. Anyway I think that mining should be continued but not cloud mining. Agree with you, we all should do this because safety is all about mot to share your private key with anyone, if you will share it with unknown people so they will hack your bitcoin wallet, I think it is good to mine normally instead of cloud mining, for this you will only have to buy the equipment and to pay the bills, now it is good time for being a miner as much as you will pay your money to mine, it will give you huge amount of profit so don’t say no to the entire mining. |
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For one thing, Fiat has been with the economic world as long as we knew gold existed. I really doubt that we can eradicate the use of Fiat anymore than we want to. Maybe we'll use it less with electronic transactions but to eliminate it means that we will use something else (ie crypto currency) exclusively.
Of course we will use crypto when we want to eliminate fiat from the system. Most of the transactions are made into fiat currency and when it enters into the economic system, it will take over fiat currency. Before that time it is not possible to drop fiat form the market. Fiat plays a vital role in the economy but I am sure that we will feel more ease while using fiat. It is not being eliminated but it is also the reality that we cannot refuse the power and the value of digital currency in our society as almost all people are happy to use digital currency more than fiat we they found it reliable and easier than all other investments, we should have admit now it is modern age and digital system is ruling in the world, so the age is reducing the use of fiat currency itself. |
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I`m also very tired of this kind of market already and my wallet is already exhausted. I hope the market will go back to it`s track soon.
Don’t be mate! It is time when all of us should show that how much patience we have and how efficient we are to keep our investment with us for long time, rise and fall are part of life it does not mean one should think negative only because the market is not on the track, bitcoin anonymous and if today the price of bitcoin is down soon it will be high, same as you I am holding and waiting for the market to be normal once again. |
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Universities start to give education about Blockchain technology and it shows us blockchain technology will be future technology. There are many useful functions in Blockchain technology and these functions will make us live easy it is our reason why we need blockchain.
it is good step to teach about blockchain to all student because they are going to be our future investors and traders so they actually need to know what blockchain is and how they can use it, in these days of smartness we really need blockchain for the fairness and transparency of our fast transaction, all ICO project that are existing in the market uses blockchain technology for transaction. |
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More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.
I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.
Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?
I think only few businesses integrated cryptocurrency in their business model. However, this is only applicable and probable in countries where cryptocurrency is supported by people and government. Some companies are still skeptical to use cryptocurrency because of the market volatility. Yeah they are actually doing this but I think instead of avoiding it they should invest more because volatility is best thing according to me, as it gives us more chances to earn and it gives us more profit for buying at the low price and selling at high, we can buy goods with bitcoin as I use it for shopping and I invest my money into it to store for long time and earn good amount of profit. |
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The only difference between the cryptocurrency being issued by private company or a country is that the country can't technically go bankrupt and the coin can't become a scam. But if we think about value, then it depends how the certain coin will be backed.
I don’t know about the other coins but for me bitcoin is the best coin, I think all of us should invest at the moment, now all over the world almost all companies are issuing the bitcoin to their employs, it is good progress to our income with our investment, scamming happens because of our carelessness if we will not show carelessness so we will only earn no one can scam our bitcoin. |
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Instead of whining for the price, why not just hold your bitcoin and crypto holdings and wait patiently for the right time?
It'll take so much time before bitcoin can finally come back to where it reached last December.
So this is really wise thinking because all of us should think like this, if we will remain worry surely it will lead us to the wrong path but if we will keep patience and we will not let our money to be lasted so we will earn high amount of profit, rise and fall is part of life but we should make wise decision at right time, now a day again the price of bitcoin is recovering. |
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I don't think fiat currency will be eliminated. Fiat currency are more comfortable to use in our daily life. Especially for those people who don't know cryptocurrency. Fiat currency will still use for a very long period of time.
So we are now living in modern age where almost everyone is using digital currency more than fiat currency, people are busing in doing jobs so they don’t have much time to pay for the bills and to go our paying for the expenses so it is the main reason why now the use of fiat is gradually reducing and people are turning towards digital age, I am sure we are going to see cashless society in future. |
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In this era of technology development, it helps people to see life more easily. The market is changing with it, BTC is always one of the leading trends today. It gives you many opportunities, many great challenges to get the best profit. The price of BTC is sold higher, in my opinion is not surprised that this potential currency will rise higher than expected.
No need to think negative about the market as all of us are well aware about market situation of bitcoin, price of bitcoin never remains the same, I am sure soon the price of bitcoin will be high once again, investors are investing which is increasing the price of bitcoin I am sure with the help of all surrounding investors price of bitcoin will be bigger once again but we will have to keep patience and wait. |
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I don't think so, the government definitely wants all assets held to be able to monitored and managed by the government, most likely the government will create its own currency based on cryptocurrency.
You are right it is not monitor but the government, we should try to maintain it in every country the same, buying coin and sell happens all over the world, not only Africa but a lot of other counties will be able to use it, now it is age of internet so getting information about something is really easy, try to buy some coin area and state does not matter at all. |
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Cryptocurrency is the future of the world,that will be known by all people soon.
Even now it is being get wide all over the world, no one need to worry about the fame and popularity of bitcoin because it is spreading itself, the bitcoin users are getting bigger in number they are now in thousands and hundred, many people from various countries are showing good interest in bitcoin, people are able to invest and they are getting high knowledge about it from this forum. |
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I do believe that fiat currencies are necessary in the world because each fiat currency of every country has uniqueness and it represents the culture, tradition and history of a country.
We need the benefits not the history, people in several countries are living very bad life only because have no good source of earning but bitcoin is being a good source of earning for a lot of people all of us are getting income only because of crypto currency, according to me we need crypto currency the most because we can do everything with crypto currency that we are doing fiat, |
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