If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
People are still buying Bitcoin because they believe and trust Bitcoin. They believe that Bitcoin will increase its price again just like its price last December 2017. They are taking the chance to buy Bitcoin in order to gain its rewards when it reaches again that mark. They also buy Bitcoin in order to trade it for different altcoins and after trading they earn money. Yes i agree on that many people around trust bitcoin because bitcoin is becoming mpre trenf and it is really becoming more amazing each day. Due to the high volume of the investors that becoming more interested in the bitcoin feild. The bitcoin is becoming more amazing each day even if it experience a huge dump some times. |
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You need at least one month to do a research and decide that crypto are good or not. You must aware when choose coin that you want to trade, you must see the team which stand behind that coin. Do a deep research, if they have good vision and mission, you must see from another side, check every profile of team member. Because now there so much scam coin.
Yes it is really hard to find a good crypto because there are so many cryptos on the field every cryptos has its own platform and every cryptos is really amazing so we can be rend to buy some of it. Maybe we really need to research on it before doing such buy and selling process because there are so many people around get scammed because they are lack of knowledge on this feild. |
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Bitcoin is not a scam it os an investment. Maybe biycoin is just an instrument to gain a huge amount of profit and it is also be used on scamming in short bitcoin is depend on how people use it on their own understanding but it is not a scam. Maybe we should be more strategic on how to earn with bitcoin to avoid our self for being a victim on some scammer.
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yes this time is the right time to re-buy bitcoin because I see bitcoin the price is still very cheap and suitable for the buy, use to buy as long as the price is still cheap.
If we are going to inter in bitcoin today maybe we can earn a lot in the near future.The bitcoin has a great capability to rise in the near future. And it has really an advantage if we are going to buy more on it today. So then entering into bitcoin today maybe the key to success if we have more patience and we can hold for a long term. |
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The only way to survive in this market is to HODL man and nothing else.
To be honest its not just me who think this but I have learnt this from the senior persons to me that is the legend on this forum. They know bitcoin more than us and they only suggest you to HODLING an nothing. If they are saying that and if they are here since many years then obviously they know it better.
And I will pass on the same message to you also. Just HODL and it really works mate.
Dont bother about the news around the world, the stressful situations and everything is all temporary and it will come and go all the time.
If you are the owner of the bitcoins, then there can be nothing more beneficial than that of the holding of the bitcoins for some very good period. there can be no other better way of making more money and that doing so will surely help you in having much brighter chances of getting richer. You just must be sure that you are holding your nerves tightly and that you are not losing your control over your emotions. Everything in crypto world is really depend on the market. We cannot really predict the movement of the price in the market. But i think if we have more patience we can really gain on it. Holding in a long term is no assurance so then I believe selling when the price is high is a good decision. Maybe we should sell if we can already gain on the present price. |
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I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?
I think you need to learn on trader on your groups chat or on your friends and first of all before you trade make some research about this token or coins and if their have upcoming event's try not to trade instead hold it because if you can a good profit you will need a little more patience to hold. Dont trade with your emotion. Trading is a game of patience. O believe that if you don't have patience win trading you will really lose an amount but if you have a big patience the profit will follow. I believe that waiting in the right price to trade is a great strategy to earn a huge amount of profit. So then if we are going to hold we Can really earn on it. |
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Professional traders also trade and loss despite being an expert because market is no respecter of anybody however with a proper money management and a working strategy the losses will be recovered based on trading with a risk to reward ratio of 1:3 and trading with an amount you can afford to lose.
Right. If anyone tells you ypu can trade without having losses, then that someone's probably worse than an unexperienced trader. Nothing's safe in this market and losing is something you should even be thankful for because that will boost your knowledge and experience a lot more than making profit. trading without lose is impossible. Because everyone had its own limitation regarding the price of a coin that they've already been holding for a long term. I think trading without lose is hard for us to do because we can really lose if our patience is really short. Sometimes patience is also depend on our needs. |
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in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing. what do you think affects the price increase of bitcoin today?
Of course, popularity means there will be more people who are going to be interested on cryptocurrency therefore the demand will increase. Yes and it means more profit, I believe that the bitcoin will rise if the popularity will continue until the next coming years. The bitcoin demand will rise if the its popularity continue so then if we are going to make holdings on bitcoin today maybe we can really earn a huge amount of profit in the near future. |
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hi everyone,
I want to learn trading of crytocurrency. As a new in trading, I want to learn first. Could anyone can help me how to start and from where I can learn trading.
I believe that to be able to start trading you need to learn a lot from the market and from the people around you. With a fledgling and volatile market, if you do not understand it, it's dangerous to enter the trade. You need to learn technical analysis in conjunction with market information to be able to come up with the most accurate and effective investment plan. Yes i agree on that we need to learn it first before we start trading. We need to do basic trading in order for us not to lose a big amount while we are on the learning stage. I think we need to make some reseach and some more interviews on expert if we have friends or relative that has a lot of experience on the trading feild. |
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Hi, I have just registered to get some ideas about good coins to buy and hodl for a long term.
I don't want to invest in coins that are now in a bubble but coins with a real project behind with a promising future and of course increase of its price.
I also don't like to invest in ICO's.
I am watching some projects that have interesting platforms already launched in beta and still don't have much media attention, and still it is easy to get in direct touch with their teams and still are not on big exchanges.
Any tips?
I believe that at this point coin can give you the security for your long term investment that is ETH. You can see that ETH is a very valuable coin and second in terms of market capitalization. ETH with great applications and is the coin of the super good coin. So this is a very potential coin and has the potential to grow very strong. Yes I agree on that, i believe that etherium has a capability to rise soon and it is already proven and tested. There are so many good altcoin on the feild and it is really depend on us on how we do gaining on the altcoin feild so many ways but we need to choose what's really best for us. I believe that bitcoin is the best coin that is really good for a long term of holding maybe we can do buying today and hold in a long term and then wait for the update of the price. The bitcoin will really rise soon from the start it is really slowly rising, sometimes it will drop and sometimes it will rise, but at the end I see that it's price is really end up to high and throughout the year it's value is slowly becoming big. |
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It is not easy to see how some people are frustrated because of fake news. I see it as that it is not their fault because those who spread the fake news do it for a reason and they do it to kill people's souls. This causes the frustration people are going through.
Fake news is really the biggest problem of the government on every country. It has a big effect and it can really be a bad influence. We really need to stop listening to the fake news even if it was already scattering on the social media, I think we need to double check some news sometimes and if it is confirm before we make believe. |
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
Ofcourse this is going to change in the future,don't forget that it's still early days for Bitcoin and for all cryptocurrencies in general.Yes Bitcoin showed it's biggest limit in term of transacting but we can clearly see improvements/solutions made like Lightning network,Segwit.... As I always say,it's just the beginning,we have to give it some more time before seeing it as a strong currency and not only an asset. Yes I agree on that, this was really an early days for bitcoin and we all know that bitcoin is really strong than what everyone expected. I believe that bitcoin is not failed as a currency because it is use upon all countries that didn't ban it. And it can be converted into fiat so then as a digital cryptocurrency o might said that it is not failed and it shown enoughf help to those who are in need. |
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I think that both that and another to do, you need to have good experience in stock. Or at least to read useful books for trading on the stock exchanges and to act.
Trading and gambling are almost the same becaus win trading we need to gamble our holdings for us to gain a huge amount of profit. The difference is that in trading you have to decide and if you've do the right decision you will earn while in gambling it depends upon your luck , because sometimes in gambling even if we do the right decision we will still lose on it. |
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Individuals are utilizing the bitcoin because we are accepting and realize that bitcoin offer to us to change our natural life and help to take care of the issue of the financial freedom. Sometimes the value of the bitcoin dump yet we have confidence the value can increase. We must hold on or purchase additional bitcoin. Individuals are proceeding to buy bitcoin even the value is too costly yet. It commendable if you are patiently waiting to increase the value. Investing on the bitcoin is great you can improve benefits on the future.
Everyone may do buying because they believe that bitcoin has a bright future, and if they buy bitcoin maybe they can get a huge amount of profit in the near future buy simply buying it today with a cheap price. buying bitcoin is really amazing many people gain on it by some simple ways such us buy and selling. But we need more patience. |
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I don’t think that cryptocurrency is gonna erase or replace our local currencies as of yet, its gonna be a long way battle with the government before what you are saying could actually happened, but Im not taking the possibility away though, cryptocurrency is growing more each year, and its not far that people might really use cryptocurrency in their daily lives.
I believe that crypto currency will not replace the local fiat in the near future, it is really hard to happen and they are really different crypto currency is different from fiat they are tuning in an opposite side. local money set and sailed by government on every country with sailed by the government while crypto currency is a digital currency that can be used as an investment to gain alocal money through trading or maybe converting. |
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I believe in luck, but sometimes we must do our works in a verry prudent way to make everything fine. We don't have. to lean on our luck and we must do actions in a legal way and i believe that luck will follow, maybe luck is just a grace from up above to those who works in a verry pair way.
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I think you should start trading with a small amount of money and $100 is not a bad amount to start with. If want to do some practice then you can do demo trading or you can enter into real trading at the start and learn gradually as time passes. You should do altcoins trading and use metamask or myetherwallet.
Yes i agree on that. We need to start trading in a verry low amoint for us to learn with a small expensses. In trading we cannot assure that we can gain a profit in the start of trading but we need to learn first before we go to trade in a big amount, I eoeve that doing such basic trading while searching for the right thing to do on trading is amazing. Starting with trading without any learning really hard at all. So then i believe that before we do such trading works we need to have even a few learning and continue searching for good. Maybe at first we can normaly loss an amount due to a low learning status because we are maybe on the learning stage. But if we are going to do it without fear time may comes that we will learn and earn on the trading feild. |
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Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?
It is good but not necessary. I have seen many successful businessmen who are not highly educated. Just literate but many highly educated people work for him. Hard work, loyalty, time, patience and skills are basic things for a successful trader. Luck also a big factor in crypto world. But the main thing is hard work and experience. I think it depends upon the interest of every individual. I see that there are so many people around become successful in trading even if they didn't even know how to trade. Maybe if we have an interest and do trading and even if we start on low learning as well as we are happy of what we are doing maybe we can really get a learning that can be used on trading in the near future and maybe we can become sucessful if we wanted to. However being educated trader is an advantage and maybe everything may become simple. |
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Unfortunately, you, like many others, see the price move up and down, and your mind says, "I knew it would happen," and you start trading. Then comes the reality, and you realize that you do not know what the market will do.
I think you should not stop in trading because trading is very profitable job specially when the prices of all coins in the market will pump very high and for me all newbie will loss first in trading but i am sure it is part of learning in trading. I think we should not stop trading for that 40% loss. Maybe awe should do it with faith and be more temperate, because from the start we all know that trading is profitable but it can also make our profit loss if we don't do it in a verry fluent way so then if I will be going to choose on stop or go in that 40% loss, I will still go because once we stop that loss is considered as loss but if we are going to continue that losses is just a stepping stone. |
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Back still serves as a great way of storing money in the long run. I hate we can be secured knowing that our hard earned money will be in a safe place. You really cannot remove banks from the equation. Because like what you said this is very traditional. As the bitcoin era is rising, more and more banks are actually adapting the use and slowly incorporating some of its technology to their systems. Banks are still important especially those who earn big in cryptocurrency because they will still need a good place to store that money.
I think bank is still important. Because many people around still trust in bank rather than bitcoin. It is all maybe because bank is already used in a decade and from the start bank is the most safest storage of our savings. It is a traditional saving states. I believe many people around deposit their saving on banks for good. However it is our own choice we can choose bitcoin and bank depending on what we are all wanted. |
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