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801  Economy / Trading Discussion / Re: Amount of BTC for trading on: October 10, 2017, 11:39:50 AM
there is no limit in this case, it can with capital 0.01 or 0.1, or maybe 1btc. it all depends on your ability, and whether you already understand the ways and risks of trading. How to trade with the luck factor is a big mistake. currently many altcoin from the sale of ICO listed on the market, this could be an alternative too for you to trade, because usually altcoin from ICO results will experience a very drastic decline when first entering the market, make this moment as an advantage for you.
There is no official limit of any coin for trading and same is the case with bitcoin. The amount of coin offered by trader is total dependent on the courage and financial status of the investor. If the trader is having very good amount of bitcoin in wallet and is having a great command on trading, then he should go with big amount of bitcoin but if the trader is new to this business, he should not do trading with big amounts to avoid massive losses.
802  Economy / Trading Discussion / Re: Trading is unpredictable job. on: October 10, 2017, 11:04:21 AM
Yes trading is unpredictable and no one can be correct 100% all the time but with experience and proper knowledge you  can at least improve your winning trades average. If you have a loss in that trade it does not mean that you are a loser, Just imagine that  trading is like a business and all business have expenses to have their profit. Losing trade are your expenses. Also educating your self first on what trading is and how it's done is the most beneficial thing before you start trading.

Trading is not easy and we all know that the crypto market is all the time fluctuating so it is never easy to predict the future of the coin or at least the next move of the coin. It is little easy to predict long term future of coins but if you are involved in day trading; you will really face problem in doing trading with your coin. As you said, we should always be ready for losses in trading because it is a type of business.

803  Economy / Trading Discussion / Re: Best Investments on: October 10, 2017, 10:31:26 AM
Bitcoin is still best investment comparing with risk and profit. Nowadays some country like China and Korea are banning ICO, whose market is cooling down a lot. Many ICO coins go below the ICO value. But Bitcoin price is still standing at the same level. I believe it will continue the bull trend soon.

If you look at the price movement of bitcoin this year i can say that bitcoin really still the best investment option up to now. Yes there is a risk but for its very minimal and the profit are very huge. Opportunity wise with bitcoin and people will surely enjoy it.

There is no doubt about getting a huge profit from bitcoin. The price is always increasing, so if you are going to hold it in the long run, then the profits would be much bigger compare if you are just going to invest your money in those HYIP sites out there, they are all scams. So buy now before it gets too late, bitcoin's price is low right now so it is so good to buy.
Indeed bitcoin is continuously increasing in worth in the crypto world and even in the real world; it has beaten the most traditional investments such as gold and real estate in the race of being most profitable investment. Bitcoin is always worth buying and we should never ever let the chance go waste of buying bitcoin at cheap rates. Bitcoin is going to be at 5k dollars in the November so buy as much as you can.
804  Bitcoin / Bitcoin Discussion / Re: Cryptotourism - is it evolving? on: October 10, 2017, 07:46:00 AM
I am not sure if anyone used this term before here, but would like to discuss with you guys, when we have great and working opportunities and abilities to travel and use full services using cryptos and Bitcoin only?
So far we can get services, food, museums, etc. only at specific places and countries. It's impossible to travel using only digital coins probably.

So what are your thoughts and future vision about that?
Recently, I saw a topic here that a person travel in 2 or 3 country used around 1.9 bitcoin and with only 100$. So after this travel he found himself spend the 1.9 bitcoin and he didn't touch the 100$.
So, we can say, that travelling using our bitcoin is real; I mean we can use our bitcoin to travel and don't touch our real money.
As those countries are doing well with the economy and they set a trend for the outer world and bitcoin is successful in those countries who are applying in the real world and through the proper advertisement everyone will start using this blessing as tis technology is still evolving and as this will spread across the globe maximum of the world will start using it.
805  Economy / Speculation / Re: what you think about bitcoin in like 5 years? on: October 10, 2017, 06:28:05 AM
I can't comment on what price it'll be,  but it'll be a integral part of our entire system
Better results you have picked out. Your analysis is based on some realities that in the future there will be an integral role of bitcoins in our lives and systems. Nothing would deny this and we all will be using it as a dire need of time. Plus, you can’t comment but predication can help us here for being it’s an amazing source of income in these days.
806  Economy / Services / Re: Bonpay.com | Signature campaign on: October 09, 2017, 01:15:20 PM
Hello friends! Thank you all for participating in our campaign! All participants who made 26 and more posts will be considered as those who have fulfilled the required conditions of the signature campaign. We will count the posts made from Monday till Sunday included. Pay attention and check that you've made more than 30 posts as at Sunday night.
If you check my post history I have made 28+ posts last week. Kindly mark myself too eligible for payment. Thanks in advance.
807  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: October 09, 2017, 12:31:08 PM
The way I store my bitcoin is I put my bitcoin at coin.ph. because coin.ph is like a bank that you can store your money or your bitcoin.
So you are using the online wallets for storing your bitcoins. This is entirely our choice and no one could force you to change the type of way to save your asset. As far as my choice is under question, I do use the cold wallets to save my bitcoins. The simple reason behind is that I want more safety! I don’t believe in these online wallets as they are susceptible to hacking.
808  Economy / Trading Discussion / Re: Coins good for trading? on: October 09, 2017, 10:34:06 AM
Basically, in trading, buying some good coins and knowing the perfect timing in trading is very important. At first, when i have an extra money i will buy some coins without analyzing the situation until i realized lately the importance of analization be familiar with the graph, know the time to buy and sell.

In my trading experience i see ethereum as my best coin but try other coins that may provide you with grater profit.


i am agree with you and this is why we need to search and analyze what coins that will give us a chance to make profit. but if we only buy the coin without doing anything, then we are risk our money and the coins can get down in anytime. sometime our analysis is wrong and the price is going down too far and if this is happen, we can only cut loss but our bitcoin can not be the same like as we bought and the second choice is we can wait for another increasing the price.

in poloniex and bittrex, i always see the price which is in down position before i decide if its good to buy or still go down. i will see the price first, if its suit with my expectation, i will buy it. in bittrex, i think there is many coin we can buy the coins like strat, adx, xcp, pkb, nxc but we need to analyze more deep so we can know the right time to buy.
There are some major elements of coins trading without that you will face a lot of difficulties in your trading and the most important element is time. Time means you can have enough time that you can give to your business and should observe the condition of the graph of your coin.

If you can follow this small tip then off course you will never face a loss because rate of coins are mostly increasing and decreasing with time. So you take a chance when the price of coin increases if you want to sale it.
809  Economy / Trading Discussion / Re: A day in the life of a Bitcoin Trader on: October 09, 2017, 10:07:12 AM
I give myself a sample. it really gets very tiring. Particularly short-term trade leads me to make a lot of effort, and I made too many mistakes, so I could not think well. I put a limit of 6 hours a day.

Every day of a trader is the most important day from the last day because while in trading the major element is the price of goods which are used for trading so if a trader miss any of the day in the routing which is the routing of trading then he may be miss a great opportunity of getting a pretty big profit from their trade because prices of most goods are change in the market day by day.

810  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: October 09, 2017, 08:05:00 AM
Basing from some historical data, bitcoin does increase value with time. No one really expected it to have more value than gold. But to generate a good income you should also invest in altcoins not only in bitcoin. Hodling is one of the method to make money but it really is time consuming. There are a lot of ways to earn which give some valuable returns like investment, saving and trading.
Sorry but I will never ever suggest investing into altcoins. They are neither good for long term investment nor short term. Altcoins in my opinion are mere wastage of money and time whereas investing into bitcoin is a guarantee of great profits.

Bitcoin is the only digital currency at the moment that can generate the profit you aspire to have. Holding them for long time is the best method of making money in crypto world.
811  Economy / Economics / Re: Should I stop Buying BTC? on: October 09, 2017, 07:23:48 AM
Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?
Its up to you whether you stop buying or not, many people believe that the price will continue to rise for many years to come. But you must decide for yourself. One question, why do you say you are paying "above market rate", surely you should be paying the market rate only - that makes no sense to me, its a market. Also consider small bets in other coins.
If you are running out of resources then you may stop if not this is the golden chance for the buyers to buy as much as they can and this will be cashed out with more than 100% profit in future and those who are waiting for more dump I want to let them know there will be no more price going down, invest now or it will be late to invest and then there will be regret.
812  Economy / Economics / Re: What country do you think will recognize Bitcoin as an official currency? on: October 09, 2017, 06:39:57 AM
By official if you mean legal, then Japan has already done it. But if you mean making it national currency, then that is unlikely to happen. Bitcoin is international currency and is highly volatile since it is decentralized. No country would make such a currency, a national currency whose hold will not be in their hands. That will be a nightmare for the economic growth. If you want foreign investment you need a relatively stable currency not a volatile one like bitcoin and that too out of government's control.

No country will Smiley . All the countries will trust their own currency rather then depending on a currency whose price fluctuates a lot and even takes alot of time to confirm sometimes . So why to use such a currency when every country has its own well established currency

I cant believe most of you have not heard of the Pirate Party from Iceland. They seek to make BTC legal tender in their country.

I dont know what the political landscape in Iceland is but they have been given more and more support, with the last year's Icelandic election having the most success to date.

https://en.wikipedia.org/wiki/Icelandic_parliamentary_election,_2016

Iceland is due to have another parliamentary election on October 28, 2017.



Making it legal and making it national currency are two different things. Bitcoin is legal in many more countries. But adopting it as a national currency over the fiat currency is unlikely to happen.
If making official means legalizing bitcoin than many countries have made bitcoin legal but if it means using bitcoin as national currency, then I have similar opinion like yours. You can simply use bitcoin as a currency with your national currency but I don’t think so bitcoin were made to be sued as official currencies. They are doing their job best by being the most profitable investment at present.
813  Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin on: October 09, 2017, 05:52:21 AM
For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
really, working with bitcoin makes a lot of people leave their real job because they think working with bitcoin gives a better profit without sweating.
Bitcoin has a lot of blessings and all of these are showered upon the investors, one can gain much profit as compare to any other business.as if the prices goes high then there will be also good advantage for investors, nowadays the popularity of bitcoin is increasing day by day which is a good omen and bitcoin give access to the shopping stores of high class to shop on by sitting at home.
814  Other / Beginners & Help / Re: Is this for real? I could be a millionaire? on: October 09, 2017, 05:11:00 AM
Lol this is the story of a dreamer. It is always easy to find oneself in a situation of 'had I known' than to find oneself in the other side of the story 'I knew it! Thank God I made the right decision'. If wishes were 🐴s everybody would be millionaire.
Not a story of dreamer this is possible in real life and there are a lot of people out there who are rich just because of this blessing and rather than spending time in office they simply invested their money into bitcoin and they got so high profit and they recommend this thing to others and bitcoin is neutral to everyone it blesses everyone equally.
815  Bitcoin / Bitcoin Discussion / Re: How to Become A Bitcoin Expert on: October 09, 2017, 04:39:56 AM
Hello, I've been hovering around bitcoin for months and I want to become an expert in it. What resources are available and what steps can I take to know all there is to know about bitcoin and possibly reproduce the technology involved.
Thank you.

Are you referring to Bitcoin trading? Or maybe you just want to master Bitcoin... you may wish to visit this one, "Mastering Bitcoin: Unlocking Digital Cryptocurrencies"
Bitcoin has many dimensions and learning them all and mastering every single one of it simultaneously is a time taking task which requires a lot of reading and good analytical skills also. An expert must know its technology, working, algorithms, uses, jobs, influencing factors, history and the list goes on. It is not as simple to be a bitcoin expert as it is to write so.
816  Economy / Trading Discussion / Re: is mining and TRADING THE SAM on: October 08, 2017, 05:24:00 AM
Mining and trading is two different thing, basically in trading, you need to read a lot of news about different altcoins that you are planning to purchase at the lowest price, and selling them away at a high price in order to gain some profits from the trades. If you plan to start mining bitcoin or altcoins, you need to purchase the proper equipment to start your own mining farm.

Yeah your right! And also in trading your profit is depends on the price of the altcoin that you want to convert. It is also need more patience, controlling emotoins and ofcourse investments/capital. While in mining it needs more strategy and equipments to produce more profit, and also on these there some mining that do need an investments and i think mining is safier than trading and also it less work than trading.
So we can say they are totally two different things. With the scheme of work and with strategies, these both doesn’t come along one another. Like you said, trading involve emotions and control and many other things but mining is just opposite to it. We can call it hardware aspect of crypto world that mainly deals in technical assistance.
817  Economy / Trading Discussion / Re: What to do when prices are falling on: October 08, 2017, 04:52:42 AM
First thing I do is I keep myself calm when the prices are falling. second thing I  dont think of panic selling . If it is possible I book the profit immediatly.

And I try to buy more at the bottom.


Surprisingly I do the same but I would like to add some more things in it:
1.   I involve myself in some sort of yoga or meditation exercises to keep myself as calm as I can.
2.   I try to control my emotions by a thought, “Soon this time will also be passed.”
3.   I try to buy as many coins as I can because I know that one day prices are going to high again
      where I can make a lot of money.
818  Economy / Trading Discussion / Re: Feeling regret after (Not trading, not gambling, etc...) on: October 08, 2017, 04:22:03 AM
If we are talking about regret in crypto currency most likely most of us here in the forum would wish that they could invest in Bitcoin a few years ago, but unless a time machine has already been invented there is nothing that we could do about it. Instead of wasting your energy on your regrets, think what you could do so that you would at least avoid that mistake. I know right now there are lot of new altcoins popping out but we could always check and research on what coins are most likely be successful in the future. Once identified invest on it.
I myself have a lot of regrets for getting introduced to bitcoin late. Obviously if we were among the early investors of the bitcoin, by now we are the millionaires of the crypto world but I am still happy because there are masses that are still blind about the concept of digital currencies and bitcoin.

Even many bitcoins are still to be mined, so we still have a hope of making good capital with bitcoin.
819  Economy / Trading Discussion / Re: Time management. on: October 08, 2017, 03:47:46 AM
I usually do all my heavy chores in the morning ( I am a full time mommy at home ). I make it sure to check on trading once in a while when I am doing chores. After 12pm or after I had my lunch, that is the time I proceed with posting in bounty campaigns and checking on tradings, in this way, I made my time more systematic. I can think well when I am posting and at the same time, I can play with my daughter while on bitcoin.
Time management is the key of successful life and it is not possible for everyone to manage their time in the best possible way. No matter how hard you try, you always end up wasting your precious time. There is no doubt in this fact that trading demands a lot browsing and search because the crypto market is all the time exhibiting fluctuations.
820  Economy / Economics / Re: The fluctuation in pricing.. on: October 06, 2017, 01:14:46 PM
Fluctuation in pricing is good for the people that simply want to use Bitcoin as another sort of investment/day trading option, but it is horrid for people who actually want to use it as a currency and see it survive and thrive. Simply because with more and more people using Bitcoin as a way to day trade, it's going to lose it's normal base of users as they're scared of losing a ton of money and will just go back to traditional mediums such as Cash, Credit Card, Debit, etc.

So, Bitcoin is going to need a scaling solution and the fluctuating / volatility in pricing to stop for it to really come to a time where it has a high amount of adoption by people.
Yes of course! Cause without the fluctuations, there is nothing we would have been trading on crypto anyway. Even normal currencies fluctuate, hence that is how forex trading exists.
We just really hope that a time will come that with a high level of adoption, most of us here won't even have to be worried about the little bit drops in the value of bitcoin.
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