This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  This is precisely why I do not trade, I'll get very nervous that after a trade that seems successful the price does something that I cannot predict and suddenly I'm losing money, I do not have what it's necessary to be a good trader but fortunately for me I have what it's necessary to be a very good long term holder and that is good enough for me. |
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Thats really dissapointing, as I alredy took 2 bounty campaings on this site. Doese anyone recived any tokens from them? They don't have any spreadsheets, so it's not possible to track is they count any stakes or not. But I think if they really became a SCAM then new projects won't be listed on their site. So I hope to get at lease some reward. By the way, on my bounty finished already (Kora), so I'll check soon whether they pay or not.
This is one of the most common complaints that people have against this company, people are unable to check how many tokens or stakes they are supposed to get according to the spreadsheet and if they do not agree with the amount of tokens that were given to them they have no way to show that they should get more tokens since there is not a spreadsheet. |
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Whatever it is, we can see one thing that are coming up in a year or so. The first is that miners will be facing increasing costs. So far price has been okay for them to still be profitable, but you have to think that miners will want to boost the price to keep their margins profitable. So they will set higher sell orders, and once cheap coins are all out, they will be forced to buy up the pricey coins. That naturally means Bitcoin will be available only at higher prices. Am I wrong to say this?
Miners are big actors and are able to manipulate the price, but they are not the only actors there are whales, people that bought bitcoin when it was pretty cheap and big businesses like the exchanges that can manipulate the price as well and it is very likely that those actors prefer the price of bitcoin to be cheap so they can get it from people with a huge discount and then they will join the miners to make the price skyrocket again. |
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If you really are a good marketer with a good timing and luck, you will always earn money out from bitcoin. Just simply buy when bitcoin goes down and sell it when its price gets high. Just do that again and again and you will surely get rich.
That is a very big if, how many people are able to earn money through trading? Many studies show that in the forex market about 90% of people lose all their money that they invested in forex in less than a year, and taking into account that bitcoin and cryptocurrencies are more volatile and even more difficult to predict that percentage must be higher. |
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The cryptocurrency space is evolving, gone are the days when faucets pay well, presently it is purely a waste of time to be involve in it, preferably get involve in Bounty campaign, it might take a while to earn but it is a sure path to earn real good.
Yeah those days are gone, while I was not around to see it I have seen some older members of the forum posting that back in the day some facets used to give a whole bitcoin obviously that was when bitcoin was very cheap but can you imagine receiving a whole bitcoin from a faucet? Someone that claimed just for a few hours back in the day could be rich right now. |
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Consider the value of bitcoin,it has made exchanges prime targets for hacking, and thus has made hacks there quite lucrative..
I mean the anonymity and irrevocability associated with bitcoin transactions means that the money lost is also irrecoverable, CMIIW..
That is one of the risks of bitcoin and if you want to use this currency then you need to accept the fact that if you are hacked or scammed you will never see that money again, I know that people will need to get used to this new way of doing things, people are too used to be protected by banks if they screw up but in bitcoin there is no place for screw ups. usually hack is due to our own carelessness. therefore we must be preventive to keep our funds from hackers. one example do not let us wrong web address even though one letter only, better at bookmark our wallet address While the carelessness can be a great factor when it comes to hacking, at the same time you need to remember that there are many people that lost their coins because they left their money in an exchange, and those that lost money in that way were not really careless they thought that their coins were secure in an exchange, the ones that were careless were the ones that had the responsibility of securing that website. |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
Panicking is not the answer in the market because you will only lose a huge amount of profit if you sell your coins at its lowest price, the best thing to do is analyze the situation before taking actions in order to reduce the probability of losing more of your investments. You are right but you need to understand that those that panic and begin to sell are not really taking a decision that is very well thought they are acting on impulse they are afraid and when you let your feelings take control of your trading decisions then everything is over you are going to lose money and not only that if enough people do that then they create a crash and they will make everyone lose money as well. |
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hello!
for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?
No offense, but to me it is a huge mistake to follow the predictions of someone else, I know that it seems easier to just read a webpage or a message in a telegram group and then follow that advice but when you lose money, and you're going to lose money if you do that then not only you are going to have a huge regret of losing your capital but of doing it by following the advice of someone else. |
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The double bottom around ~6500$ it is the hint for bulls to woke up and bears to go into hibernation .
Quote me on that - It has started - The long rise to the Moon .
Well a slow growth has began, so you were right about that but we do not know if this growth is going to take us to the moon I am kind of doubtful that will happen so soon, it is more likely that we are going to see a slight decrease in prize and then the price will become more stable for some time until we get good news that could make the market skyrocket. |
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For more than a century, the banking system was used to fund state, endanger the stability of the economic activity, robbing private savings, eliminate one road, promote the financing dependence, even make violent reached an unprecedented scale, all because we do not have different techniques to implement monetary exchange. Now the monopoly is being broken. Bitcoin was born. The fear of the ruling class is only just beginning.
Do you think bitcoin will replace Banks in the future?
The modern political system exists in the financial system of Banks. Although people want to use bitcoin freely, they cannot replace Banks. I think the future is the world of Banks and bitcoins. There is still a point at the bank where it can assume responsibility for all the assets and potential losses of its users, in which case we should not blame their system. The Bank is also a media of personal financial oversight and protocols that support government policies and interventions. If they are finally destroyed and all use bitcoin as a benchmark, then we will return to a time when all humans will not be able to control themselves and the potential for criminality will be higher without anyone able to manage it. Most humans are not able to maintain their own assets. Banks do not assume the losses of the assets of their customers in some cases the ones that do that are the governments but there is a limit to the amount that they are going to cover and if there is a banking crisis they are not going to have the money to rescue all the banks and it's unlikely that they are going to be able to cover your savings if that happens. |
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Good Day guys, just searching for an alternative way to invest my money to,
so the question is, is buying new listed token(token that just ended ICO) to an exchange profitable? do many of you do that? would you recommend doing that? or should I buy on their ICOs?
It is up to each person to decide which is the best strategy for them, personally I'm thinking about buying after the ico is over, most coins have gone down after the ico instead of going up and now with know your customer policies you need to identify yourself with the developers of the ico something that I am against but in a peer to peer trade you do not need to do that which is an advantage. |
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so, guys!
why u r still belive in huge green streen or bullish market in 2018?!
for me - it s amazing mistake for all of who thinking so
look at the law, watch at the country titans of crypto - they all blocked openned cryptoway
why u are still thinking- "2018 will be pump year"??
They think like that because many people cannot really afford for the price of cryptocurrencies to go down, just look at what happened just in the first months as soon as the price of bitcoin began to go down people panicked, look at the price of bitcoin it is $9000 who would have thought that we will have such a big price after only one year and yet people panicked and sold |
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
The only way to overcome that is to become a lot more patient, in theory it sounds easy but you have told us that your sold as soon as you saw a profit, while those that obtain the most profits out of their investments are the ones that wait and let their coins to go up in value and they do not get desperate to sell, also it helps you that you learn about trading that way you will not sell when a bull market is just beginning. |
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But what did you expect? Of course a professor of economy is going to say that, if bitcoin takes over as the dominant currency around the world there will be a lot less jobs for economists, the economy will be easier to regulate since the emission of bitcoin is known in advance thanks to the algorithm that satoshi created that adjust the difficulty of bitcoin every two weeks so we will not need economist anymore.
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So far, so good.
Just be smart with the ICOs you're getting involved with and you should be fine... So much opportunities out there !
In theory it is very easy to avoid bad icos but in practice it is very difficult, there are many icos out there that are scams but that look to be legitimate projects, so for the time being and since most of my investments are down I decided to stop investing in new projects, I would like to not take this decision but the current conditions in the market force me to do it. |
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So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?
Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?
Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.
Trading is an act that must be learned. Yes good traders make some reasonable money off trading but that does not mean that they never lose trades. Infact any trader that said he has never lost a trade is not a trader or if he is, then he is a mischievous person. Not losing a trade even once it's simply impossible those that promise that you will never lose a single trade if you follow their formula are just scammers, I have seen people claiming things like that before and as you may guess that is never true and the poor people that invest in those systems never make any money, and while I'm sorry for them common sense dictates that it was impossible to never lose a trade. for me this is really possible for all that you may have to lose for cause we cant actually tell and to be know for what trully may happen next after you may have to notice for that tge price might goes down do all what we have to do for. We need to be serious, not losing a trade in your whole career is simply impossible, can you predict the future and what is going to happen? Because unless you are able to predict accurately and with 100% accuracy what it is going to happen it is going to be impossible to know what will happen in the market and win every single trade. |
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This is why many are also taking advantage of the telegram groups by displaying themselves and disguising as the admin's, there's no way to stop this but to give public awareness.
There are also scammers on twitter.
Just like by visiting those announcements from the developers, there are these like giveaways that are being held through that.
When there is some instructions that dictates to send you xx amount of eth or bitcoin to an address, that's an obvious scam.
There are many scammers like that and they are everywhere so the only thing we can do to protect ourselves is to not be so dumb, scammers are very smart somehow they are able to get the list of everyone that invested in an ico and then they send them malicious emails trying to get their private keys and unfortunately many people fall for it, so people need to familiarize themselves with the current scams so they can avoid it. Out of their laziness their natural intelligence is coming out in everything that becomes popular, they are creating a way to scam people. And about those malicious emails, it's been in old days that there are so many email scams that are coming out.\ Now they have upgraded into cryptocurrency so as a protection, don't expose any information relevant to your identity because it can be used against you by these scammers. It is true that the scammers are becoming more advanced but I think that they're still making use of the old formulas and if people are not able to protect themselves from those attacks then how are they going to protect themselves for the new attacks of the scammers and the hackers, also it is a good idea to try to not open any links that are sent to you through social media because most of the time that includes some kind of virus that can compromise your information. There is a lot of risk involved when you deal with any of the thing which involves an internet and that the probability of the risk increases even higher at times when money is involved. There are so many things which you need to take care of when you are there in the world of the crypto currencies which includes having a good background knowledge, keeping yourself up-to-date, staying aware of the scammers and above all, keeping yourself cool and calm. The risks have always been there the biggest problem with cryptocurrencies is that once you send your coins to another address you cannot get them back this is a great feature of bitcoin and other cryptocurrencies and it's one that I like but it's also a feature that scammers are using, so once they get your coins you'll never get them back. |
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I know we all can make a good profit when markets are going up but since last, one-month markets are down. So how is your portfolio is doing and are you selling or holding?
In the short-term down trending market, it is always better to hold your positions if you are a genuine risk-taker because in correction time stocks will rally after that strength is form or accumulation is done to a big extent.Apart from these holding and selling, you can also look for a positive averaging technique by which you can keep on adding the cryptocoins which you think have good potential to give you good returns if you hold it for right time to give you right bounce. When the market is going down the only option that you have is to either sell immediately because you think the price is going to crash or to hold your coins, the first option is only available for those that are very good traders and are able to see that a crisis is coming, for the rest of us the only option we have in which we will not lose as much money is to hold. |
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a good way for beginners to earn without risk is generosity campaigns there you just spend a little of your time, and investments are always accompanied by risk
If a newbie has a good friend who knows a lot about cryptocurrencies and who can support him, why not to risk, listen to his advice and make the first investment? This is a bad idea and the reason is this, even if your friend is able to give you a good advise that makes you money you will become dependent on him and when it comes to cryptocurrencies you need to trust in your own reasoning, you can ask for the opinions of others but at the end you are the one that needs to make the decision and to not rely on someone else. |
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My predictions are close to yours. I think that the price can easily reach $20k by the next January - February.. And we can easily touch more than $50k in 20 months from now, probably a little bit more than that. But yeah, i am still very optimistic about how the price is going to be developing during the next months. $20k+ -> $70k
Dec 2018 -> Aug 2019
While I am not that optimistic I still think we're going to see a bull market but no so soon I really think that we are experiencing something very similar to the last crash of bitcoin and to me it is going to take a few years before we see the price of 20000 once again, probably until 2020 or 2021 but after we reach that price I think there is a huge potential of seeing 40000 or even 50000. |
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