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841  Economy / Trading Discussion / Re: How trade safely without any loss on: June 28, 2018, 11:04:09 AM
there is no such things as "no loss", there is risk management, never trading on full capitol is a first lesson you have to learn
I definitely agree on this. You cannot expect not to incur any loss from a process that revolves and involves risk from its nature. Although the nature of the process might be risky, you have risk management in order to mitigate the risks involved and to at least help you in deciding over your investments/trades. Trading, in general, requires knowledge about the market and about the status of each currency in the news. Without researching any background or knowing the history, you would definitely catch yourself in a pitfall or in a bear market.
I think there is no strategy like that, because even the world's best Traders, sometimes made the mistakes, the only thing we can achieve with our skill and experience, is decrease the chance to have losses, and became a more wise investor.
I do consider experience as the best teacher when it comes into most aspects, especially trading. You get to learn from your mistakes and you get to reflect all the things that you overlooked that will help you in determining the conflict that happened. The best strategy would be always to listen and to mandatory check the information given.

I do not believe that you can trade without any losses. Each time you deal with the cryptocurrencies you must be ready that you can lose. This is the rule of the crypto market.
These are some rules that are fit in everyday life. Not only with bitcoin or trading or investing or anything related to crypto, no, every walk of life. Whenever there are options for you, you might be seeing them as win or lose.

Sometimes you win and sometimes you have to accept the loss as well. But don’t just get overreacted if that is loss coming to you. Learn from it and make your results better next time.
842  Economy / Trading Discussion / Re: There is no such thing safe trading on: June 28, 2018, 10:20:59 AM
if you can think all the possibilities that can happen and prevent them from becoming then you can have a chance of surviving ,just like that safe trading is when you do everything to prevent any bad influence that can happen ,then you have a chance .
What makes one safe in any difficult situation ? It is by using all the available tools to create a safe environment for you, isn't it? No one is saying trading is not risky and it is unsafe, but one can still practice safe trading in most cases, by using all the tools to one's advantage in most cases so as to be able to do things right and get the best from it most of the time. As long as you do not have that knowledge and you are simply just gambling your positions, you can never be safe.

the most secure trading is long term trading and you should dare to face the risks that exist to be able to generate profits very much.
The safer you want to be in trading, the more knowledgeable and smart you really want to be most especially when it comes to decision making. There is no way anyone can do it right most of the time, but at least you get better and safer with knowledge. The essence of risk is to get you burned, but putting up all measures not to get burned is where they safety comes into play and without the necessary skills and knowledge; it is not possible to be safe.
But for me, yeah there is a safe trading thing. If you have learnt every basic of trading before getting into this field, then trading would be just safe for you. There are people who don’t know anything about it and they just start jumping in here for earning money. This isn’t a hell if you are unaware of how to handle losses and how to get profit from your investment. Learn and then practice.
843  Economy / Economics / Re: What i believe will come on: June 28, 2018, 09:51:40 AM
I do not believed that banks will be eliminated in the future if crypto will be our main currency of course the banks will upgrade and maybe it will convert it from fiat to crypto. Banks already knows how to adopt new technology and also for the future i think.
Yes I agree with you and I think bitcoin will be accepted all over the world. I believed that someday all country know bitcoin well.
I second you on this point. Yeah this would never be happening until and unless all the developing countries and those who are developed as well, they all just make joint venture on this one element. When all the governments take best of their positive in favor of bitcoin, only then we can say bitcoin would be the whole and sole currency along the world. Things are quite better.
844  Economy / Economics / Re: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold. on: June 28, 2018, 08:32:59 AM
Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ Cheesy
What do you think? How low bitcoin can go?

Just hodl it

You're right. Now it is necessary to hold bitcoin most likely until the end of the year to see a tangible profit. I think that bitcoin will not fall below 5500 $, but will be at least 10000$ at end of year
This is just a causal thing. All those who have been in bitcoin world are used to of it. I suppose all of them are now easy with this increase and decrease. People don’t have to be panic at such prices downfall and never become over reacted on increase in prices. Things are quite for you even in downstream as well. So don’t just waste your money by selling at down place rather hold.
845  Economy / Service Discussion / Re: Where can I buy a car with bitcoin? on: June 27, 2018, 12:29:00 PM
I dont have enough BTC to buy my dream car - lamborghini, so I dont care much about it. Anw, congratulate you for buying a car.

This is the dream car for millions of people and god knows how many of them can own this in future. At least not in my country you can buy any car with the crypto currency as currently it is not considered as a legal tender to trade anything here with the coins.
It is good to search this site. Hope they will arrange a car against your bitcoin. You will send bitcoin to them from your wallet and they will send a car to you. But I think the easiest way is to convert your holding into your local money and then buy a car. Spending is easy, earning is hard and time consuming. You will have to wait for long if you want profit from your crypto investment.
846  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin or Ethereum? Trade or Invest? Buy of Sell, What The Hell? on: June 27, 2018, 11:58:56 AM
It all depends on your risk tolerance. Bitcoin and Ethereum have different use cases and should be balanced in a portfolio
If you have big money then Bitcoin is the best option for investment, if you have less then Ethereum is also very profitable. If you have trading experience you can make handsome money in the future, and finally this time is not for selling but for buying more Bitcoin because the price is below 6200 dollars. Go ahead otherwise you will not find this opportunity in the future.
847  Bitcoin / Bitcoin Discussion / Re: Target Market of Bitcoin on: June 27, 2018, 11:20:53 AM
Kindly enumerate all the target market of Bitcoin.

Many people now loves doing bitcoin because of the advantages of doing so but the fact is many of them are still not aware of what does the Bitcoin do and how does it work. And the list of knowledge about Bitcoin is too small.
Thats why I am asking now, who must be the Target Market of Bitcoin?
Thank you.
more precisely target bitcoin market is human because if not man continue who else because that can run bitcoin just human ...
The whole world is target for bitcoin to cover because it is global currency and in the future all the people will use only this currency for their daily needs. There is no specific market which is targeted by bitcoin. There are users and holders from all over the world that’s why I say that the whole world is target for bitcoin and it is important to overcome the crypto market.

Yeah people are the first most important thing how are investing and maki9ng fie speculation in bitcoin think when more people will keep on buying bitcoin so it will never lose the value and the importance, we should never quit bitcoin because we are the real target market of bitcoin, investors and traders are being part of bitcoin success for sure.
Human run the whole world and not only cryptocurrency, but you see that many big companies set a target market for their product. You can say that crypto is not a product but a currency and currency are used by everyone, so every human being is the target of cryptocurrency.

As I understand target market means that which people support crypto the most so that they can play a vital role in promoting crypto in the world.
848  Alternate cryptocurrencies / Altcoin Discussion / Re: Successful ICO Experiences on: June 23, 2018, 09:59:17 AM
There are many good stories to tell here in cryptocurrency and that includes investing in a successful ICO. I have read a lot of inputs regarding the investment in ICO and actually they are earning and probably can make more money on it especially if the project is good. For now i am still new in investing ICO but i hope that i could earn on it one day. My friend had suggested me to do this and the best thing to do is to choose a good ICO project and he gave me this link ICOdrops.com where i can find a good hype ICO project.
I have had more good stories from ICOs than bad ones and even the bad ones are just the few ones that I am holding so far, that has not hit an exchange probably as a result of the trend and the team trying as much as possible to time the market well before entering so as not to go below ICO price or something.

But most of the ones that have been listed this year on an exchange have gone below ICO price except for just few which made me to settle with nothing much this year but on the average, the success is a lot more.
849  Economy / Gambling discussion / Re: gambling in the crypto market on: June 23, 2018, 08:12:17 AM
I personall believe so, and plus you can win 10 to 20k usd, and (if you choose) you do not have to file taxes if you wish. I really like the fast convienience and anonymity.  My favorite part is I can 5 times, then btc pump and I 3 to 5 times again. When you gamble with btc you win twice!!!
Yeah, it is obvious that everyone loves convenience and since payment of winnings does not involve the bank which makes it anonymous as your identity is not in any way revealed, then it makes it so interesting for those who have been gambling before now and those who have been looking to check how gambling can be for them. This has caused an increase in growth in gambling world as well as increase in addicts as well anyway.
850  Economy / Speculation / Re: SELL EVERYTHING!!!!! on: June 22, 2018, 10:09:17 AM
Yes,i sell everything like tokens that have a high price then after that i invest the half of my earn in ICO`s or bitcoin and many more that i think have a chances to success in the future. Then the rest of my earning is saving for the emergency fund for the future.
I think one should not sell all his belongings for investment in Bitcoin. This is not the end of the world yet. You should only invest the money you have and do not need the money in near future. This way, you will stay away from the panic the other people go through. Investing long run money in Bitcoin always pays off besides other benefits. So the more you invest now, the more you get in the future.
851  Economy / Economics / Re: bitcoin in developing countries on: June 22, 2018, 09:39:09 AM
I think that government and mass media, television are having a great affect on humans beliefs about bitcoin, so they handle big power to use it for good, or for bad.
Bitcoin in developing country is pathetic. It has been banned in so many countries and is illegal for the people to invest in it. Besides, the TV and media also need to show the benefits of the currency but in underdeveloped countries, it is rather considered something not important. But the European and American are enjoying the great services and using the technology to make the daily lives easy.
852  Economy / Speculation / Re: Patience is all we need on: June 22, 2018, 08:23:15 AM
Actually, it is not very few number of noobs in cryptocurrency business that comprehend the level at which patience is required and important in the business. It may be a cliché, but there is truth behind the line “Patience is the virtue”, especially in business. Running a business is not for the faint of heart, and not for the impatient either. Even if you have a great product or service, great process, and great employees, your business will require you to stay committed for the long-term. I got a few coins couple of weeks back, which I chose to hold while it was plunging however I continue holding with zero dread and just absolute patience. My advice to my colleagues is all you need is buy into coins with good potential like bitcoin and relax even while it’s at dip. Presently, i’m In over 30% profit in all.
That's true because all people that have successful life is have a patience. And it's important to crypto user that have a patience because it will bring you in good life and give you a good profit.
We have to perform in the market with patience and have to stay calm in the market of bitcoin as we know that this coins in favorable for long term investment and as now we are the part of this market so we should wait till the high market value.

The value will soon be better and we do not have to do anything but furthermore if we can invest more then this will increase the coin’s collection which will give us huge profit.
853  Economy / Speculation / Re: What effects the bitcoin price? on: June 22, 2018, 07:53:05 AM
Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value.

1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others.
2.  News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/
3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market.
4. Limited supply of bitcoin not more than 21M tokens, in high demand.
5 Other policy of central bank.

This is few reason why bitcoin alter rapidly.
To be honest, I only know about the banning of bitcoin in some other countries that causes bitcoin prices to fall. About the gamer or player, I never knew that they are one of the factors about the current bitcoin price. These past few days, I heard about the limited supply of bitcoin and I never knew that it really exists. Do you think that there are more factors about the bitcoin price?
A lot of factors are there in the market which control the price of Bitcoin and other currencies, every currency has its own market factors. For Bitcoin the major factor is demand which is the people interest and encouragement. When people encourage the market demand rate will go high and similarly the price of Bitcoin will go high in the air. We should wait for our turns in order to sell out in high market as the current market is low so we can not sell here.
In general the major factor which affects the price of Bitcoin is the demand of people, if the people’s demand increases the value of Bitcoin will also increase and will follow the increase trend. On the other hand it will follow the decrease trend if the people’s demand decreases.

So the market is dependant of its demand and this is the controlling factor, besides this the negative and positive speculations also affect the Bitcoin’s market.
We have studied in our basics that the rate of value is directly proportional to the demand of people and this relation is direct. The value affects in the direction of the demand rate, when the demand rate increases the price starts increasing and when it is decreasing then the price starts decreasing.

Currently the market has low price which indicates that due to low demand the value fell down and once it increases the value will increase again.
854  Economy / Trading Discussion / Re: Insurance or cryptocurrency investment? on: June 21, 2018, 11:24:30 AM
We have no security in investing in cryptocurrency and it is very risky. You don't know after 10 years if it still existing. When you die you cannot leave it to your loved ones. Unlike investing in Insurance when you die, you can leave it to your beneficiary.
Well both these options are good and can give you some good money but you have to evaluate a best and more profitable option and that is the crypto currency.

Investing in insurance company or in some bonds issued by a company may have default risk which is not good and you might face problems in the end. On the other hand if you invest in crypto, all you have to deal with will be the price fall which does not last longer and the market recovers.
855  Economy / Trading Discussion / Re: If you want to be successful in trading.. on: June 21, 2018, 10:53:46 AM
so it should be that way, so as traders have to keep monitoring the market movement to see where there is a chance to buy and sell it can look like a sniper who is ready to shoot at every opportunity when it is visible
in any case For a better trade each novice should begin simultaneously with theoretical and practical classes. Personally, I learned more in practice and at the same time I got experience from my mistakes.
You have touched the right spot. Called hitting the bull’s eyes. Knowledge is the perfect thing you can enter with into the market. The more efficient and wise your crypto evaluation is, the more profitable your portfolio will be in future.

Nut since we are talking about investment, I would say a side investment in some traditional asset also affect crypto investment by which I mean the more money you get from a side investment, the more you will be able to stay active in crypto without having to worry about the price ups and downs.
856  Economy / Economics / Re: Crypto and automobile on: June 21, 2018, 10:17:04 AM
I'm just curious when can I start buying my dream cars with altcoins, I mean can huge automobile companies like Toyota, Ford and Nissan start accepting cryptocurrency as means of exchange
I think it is not a big problem for car dealer to accept crypto as a payment if your country common with BTC. But why you ask that? You can exchange your BTC into fiat and buy a car, i think, it's simple too.
Exactly! A lot of people still buy with their btc as long as they have enough of it to buy them that stuff by converting it into fiat even if the dealer is not. It is not something hard these days since basically most crypto friendly countries and those who are just mute about it, have exchanges present where they can easily just exchange with fiat and buy whatever they want with it. Over time, we will get to see more companies accepting bitcoin as development keeps stepping in.
857  Economy / Economics / Re: War on cryptocurrency! on: June 21, 2018, 09:47:23 AM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
That’s because they don’t see any good use for it, since there is no profit coming into the government’s pocket through Bitcoin and they also don’t know what is going on in the Blockchain. If there is a way that we can change everything and maybe let the government take over and regulate Blockchain and get tax payment from it, then they might stop fighting against Bitcoin and other cryptocurrencies.

But doing such will spoil everything that we have all worked for, cause the main reason for making cryptocurrency is to give people freedom from government in handling their money.
858  Alternate cryptocurrencies / Altcoin Discussion / Re: How to hold coins in 2018 on: June 20, 2018, 11:38:15 AM
Best option for hold is buying more BTC/ETH and hold them till 2019. I'm kinda pessimistic about quick profits
If you are planning for holding of the crypto currencies for an year or so, then I will suggest you to go for buying of the bitcoins and that do nothing but holding of all the bitcoins which you have bought for as long as you could because of the reason that doing so will surely help you in having some good earning at the end as the market value of the bitcoin is and will keep on going up in the future.
That is obviously a good selling strategy but everyone sure do know what strategy works for them best anyway. However, this can only be applicable to those who are actually trading or looking forward to the long term trading most especially when there is a huge FOMO in the market.

Every market always encounter the time when they end up having a huge correction and it is always important to always sell when everyone is getting greedy.
859  Economy / Gambling discussion / Re: Will you still continue? on: June 20, 2018, 11:11:42 AM
Losing in gambling gives you fear and tension so if loss in gambling just leave it if you don't leave it gives again losses only so gamble with intelligence and patience it is the only way to survive in gambling .


It is inevitable that when you gamble you will tend to lose and more you play more you will end up losing . So if you can bear that pain then its fine else if you have a weak heart then forget about gambling as it is not meant for you.


Definitely inevitable and it is funny that people despite knowing this will still be tempted to use what they have left to gamble after losing everything already. For someone in that phase, I would simply just call that an addict because I do not expect someone with the right gambling mentality to try to do something like that.

That action is more like someone who is trying to recover losses with the little they have left when that even ends up putting them in a more emotional state of mind.
860  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: June 20, 2018, 09:56:38 AM
All I remember I was in college and suddenly we tuned into a FIFA match, and we harmlessly put a bet of 10$ I have absolutely zero idea when those bets turned to 1000 and once mad bet of 10000 (I had zero funds was deep down in gambling debt decided to take a risk call and it paid off). I do occasionally gamble but now I'm able to control it, once you learn the fear of loosing your life is when you suddenly are able to control yourself.
When we get a bad result we must stop, but I'm sure it's a very difficult thing to do. if you can control the conditions and situations then you are a great person. Few people can do that because addiction is a very hard thing to leave behind. It is worth noting that gambling game is a bad moment and should never be done. I am sure that many people are disappointed after they try to play gambling for the first time. They enter the gates of destruction in their lives when cheap gambling comes inside.
Bad results actually start from expecting very good results which is obvious that a lot of people fall into such trap because they expected so much from gambling.

Is it not obvious that even in the gambling discussion thread and what we have seen with some topics, a lot of people assume they are gambling with a huge possibility of making a lot of money and then forget they are not investing but playing game and before they started realizing, it would have been too late for them?
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