Everyone's trading strategy is different but for now the trading strategy that I use is buying low, selling high. and when the price is not high I still hold until the coin is in a high position and earns a profit
that's common strategy that used by traders and investors in finance market.and the important thing we have to able to controll our mental and don't be greedy when we earn profits. Right this is the most important thing that every trader need to learn that one should not be greedy to become rich faster because we are using crypto currency as trading and crypto currency takes time to make money for us, so I try to avoid selling to early for miner profit as I know huge profit is waiting for me that I will get after having patience. |
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If you really want to pursue your plan then you can use the top 5 exchanges in coinmarketcap like Okex,Dobi and etc. Two months is still a long way and the market is keep on increasing so there is a big chance that you can still double your money within two months.
You are in the right track, just don't be greedy and you will surely reach your target as the market situation is in your side as of now.
These coming two months can show us a immense growth in all major altcoins. There are possibilities that in these coming two months bull runs might approach which would land the price for bitcoins as well as all other altcoins onto moon. In the last one month, the price for bitcoins has nearly doubled so why can't we expect the same or greater than that in the coming 2 months? If we rationally think about it and denote most of our time and efforts in trading then I am damn sure that in the coming 2 months, any dedicated individual can make their pockets fill with profits and the same might re-invest to gain more benefits. You have shared good ideas and thinking with us and I am agree with you as well, that last year price was down but right after 4 months I have seen price rising more than double and now we can see with time passing price is getting better, so according to the current market I only would suggest every trader and investor to hold with patience and try to buy more if you get an opportunity. |
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Honestly I'd like to see new traders experienced all things that a trader must avoid because that will be their key foundation for much stronger and wiser decision in the future. Those errors, mistakes, too much emotion etc. that they will experienced on the way will be the things that they will now avoid or control in the future because they already used to it.
In such cases, that after a "long time trading" and that trader still not learned and experience continous losses then it might be the right time to change course as trading is suitable to them.
I couldn’t agree more, in that way they’ll be able to come up with strategies on their own a long the way. Getting more experience and the more new traders exposed to trading they can learn a lot and make them better traders over time. Mistakes are inevitable even those experienced traders still make mistakes from time to time and I think it’s normal what’s important is they have learned from that mistake and make sure to do something not to make the same mistake twice. Mistakes are nature of human being but best are those are learning from it and never repeating it, so better don’t involve your emotions in trading it will give your pure trading profit, I can see my when I was new I use to get worry so fast and try to sell at price fall but now I have learnt to control my emotions and never trade at panic. |
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We can discuss in this thread , the best practices one should be doing to earn bitcoins. Also for detailed information you can refer.
https://blog.coinbaazar.com/
Earn bitcoins with various payment methods like gift cards , people also earn through mining , or buying your 1st bitcoin purchase and more...
www.coinbaazar.com
What you gave here is no tip, cause I'm still going to use my money to buy gift cards or buy the Bitcoin. When I started Bitcoin I didn't buy any single Bitcoin then because I had no trust that this is really going to work out, so I decided to look for ways that are going to work out for me which is earning the Bitcoins for free (there are no free ways, you will work for it). First I started with faucets and they weren't getting the amount I needed and the work was very stressful and you just get pennies for the hard work, data wasted and plus the ads that are popping up here and there, which is very annoying. I quit faucets and then got into signature campaign, and that was how I was able to earn some money which I then invested in buying Bitcoins. That's how I started my journey. Thanks for the adding your experience , and telling us how you started your journey. I just mentioned how people can get their bitcoins when they start. Yes this is nice journey and this is true when people get in bitcoin no one actually trust it but Ehen people spend time they learn abbot earning and making money so they trust and invest, I think every new trader and investor should try to buy at low and have faith on their investment as crypto currency has volatile nature so try to buy when the price is low and then have patience until it recovers. |
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Even if other altcoins will not survive, it is obvious and certain that bitcoin will survive no matter how tough the situation around might be.
Over the years, since the advent of cryptocurrency, there are clear evidences that cryptocurrency can withstand any external pressure and survive.
Yeah the market condition is giving us hope that our future is in safe hands and we can get progress later in future, I am sure our investment is going to rise and in very near future our life will change with our investments crypto currency has been there in market since long and it will be there forever, with time it will get more popularity. |
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Now if I use iPhone to manage the wallet, how can they hack my property via email. Because I think iPhone is one of the better security operating systems than Android
if the wallet is in the form of an application on the iPhone it might be difficult to hack. but for an online wallet it's like a security system that is used by many people and maybe it has weaknesses that might be hacked by people. To avoid this kind of hacking we should avoid using every website to buy coin and after that it is not good to trust e4veyrone better buy those coin which has more powerful saving strategies and use the safe wallet to store your coins, in this era I think there is no wallet better than blockchain which has power to save our coin for long time without hacking. |
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Thank you very much, I think that now it is a good option to buy altcoins, do not you think? Since we are in a stage where there has been a small correction, this assumes that the altcoins begin to fall in price and it is the right time to buy, if so, I think it is a good opportunity, however I think it is only very good if the bitcoin is still in its bullish tendency for a while.
I'm going to follow you on your Twitter, I like to see the points of view of all the traders in the world.
You are doing well we are educated we can analyze the market and we can know by yourself that when we should buy and when we should sell, don’t listen to other people or don’t sue their experience better look in to the market and buy when you find the price is low I am sure now is the best time to invest as price is down for bitcoin and ETH. |
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That's right, will be depends on what kinds of assets you have, knowing the value and the progress of your coins is very important so you will be ale to act according o what the situations is providing to you, needs to act carefully in order to have a good outcome.
you are right, it is very important for us to know the development of the value of assets that we have. so we can determine the trade we do. we have to look at market developments at any time because it can help us determine the selling price at any time. Indeed having eyes on the market is very important so if we will know actually when we will have to sell and when we will have to buy so this way we can reduce the chances of panic selling, those who are selling at panic will suffer lose, better analyze the market them make any decision, now is the time to buy as price is very low but there are so many chances for the price to be higher more than double of its price. |
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I do not do mining so it does not know about its development. But if you look at Bitcoin's price growth now, all the crypto markets should have increased. Includes mining that should have improved. Mining should be able to provide benefits to miners.
Mining is surely beneficial same as all other crypto earning resources but for mining we will have to spend money only then we will be able to earn money those who use this strategy gets better result out of this mining programs actually it consumes allot of electricity but at the end it makes money as well, in my place there are so many professional miners who are working day and night only for mining. |
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Each of mentioned thing have good and bad sides. Some have small profit other huge one, ones have small risk other big one. So what to do is not just simple mean of saying its more what need individuals to do.
All of them are good I know but it depends on the user if the user can get profit from it, I know it is best time to buy some coin for investing and for trading as well, it is at cheap price but there are some people who even can’t afford cheaper so they can use bounty to earn free coin or they can get money, I like trading the and investing both of them are safe to use for money making. |
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Yeah, there are a lot of funny projects that can be solved effectively with already existing technology and does not necessary have to be blockchain inclined. But even at that, many other projects surely will be more effective with blockchain technology. There is one unique Feature that the blockchain brings which makes it stand out and that is transparency. No technology gets close. so, sure, we need blockchain technology.
Agree with you blockchain is the most transparent technology that it gives us safety about saving our coin, it is reliable to use anywhere and because of increasing popularity now almost everywhere blockchain is acceptable to use for paying online, it has fast access and in history of crypto currency we did not see any other invention better than blockchain. |
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Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?'
If this isn’t possible for sure all of us are successfully trading by now?but the sad thing is we’re not because of this hardship and risk when we trade The answer could be yes, though it depends on many factors.
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Lol there is no yes because that’s not that possible Trading in cryptocurrency is like a gambling that even how good you are but luck doesn’t comply with you then failure is what you will get,that’s realistic answer since all of us known this Gambling is not like trading according to me because trading is something else while gambling is something else but both has same thing that is luck to become good gambler you will have to be lucky. Actually in trading our knowledge matters so if you are not aware of term trading properly not well to trader specially new traders should get in after gaining enough knowledge. |
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Actually, knowing what to do isn't just the best thing to do. Even you're a newbie, you can trade. Just know the necessary actions to put your orders of course. There is a thing we call beginners luck. With this, beginners got to have wins even though they are just beginners.
But actually, that beginner's luck doesn't work at all times. We are from the beginners, too. We hastily trades without thinking before. We learn by mistakes and that makes us to be eager to learn more. We are now an experienced trader who don't enter trades without basis. Relying on luck will not make us as a succer trader. Lol. It's foolish to rely on anything about luck. I don't believe in beginner's luck myself. I call it coinsidence. And if a beginner isn't careful and responsible enough to make the proper preparations, it's almost an automatic loss. Also, not being sure of what to do makes you prone to committing newbie mistakes that borders on emotions. Preparation is always better than luck. While doing anything, including trading, we have to have plans to achieve. We can't just trade carelessly without a plan when we will take the profits. For newbies, they can start with small amount first and gradually increase the amount as soon as they get enough experiences. Have pre planned system is really good for traders because trading is not as simple as investment is for trading you will have to think and plan before you get in. we can decide who much we can afford to trade at very first time, so we can decide according to it for our future holding or trading that’s why I like preplanted trading and trust me it saves us from so many scamming issues as well. |
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Of course it can be done but indeed this cannot be for 100% accuracy in predicting current market conditions. because the movement from the market can not be guessed at all the increase or decrease significantly.
Yes no one can tell us about the exact price but we can make some predictions according to the movement of the market, so when more people start buying bitcoin it makes the price of crypto currency become higher, it is all about number of users as when more people buys so demand rises so does the price and using this method according to my predictions price of bitcoin will be more than 10k at the end of 2019. |
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Once there people start using cryptocurrencies in their daily lives, then the confidence will return 100 folds; this is what is called mass adoption.
There is need to enhance transactio confirmation of cryptocurrencies as I believe it is one of the issues limiting cryptocurrencies from going mainstream. People won't like paying for goods while waiting for hours to get it confirmed; therefore once this is done mainstream adoption will set in and there will be confidence in this space at the same time attracting more institutional investors.
Well to be honest I have no concern with other investment because being a good investors I only hope an wish for my own investment to rise and make my future better, I invested in bitcoin I am fully confident about its rise in very near future. When we invest in the most promising crypto currency it reduces our fear and gives us confidence of earning. |
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I for one will not use my precious Bitcoin to buy coffee. I am keeping my satoshis to build up my Bitcoin holdings and I will not use it as a payment method. I keep them as a future investment.
It is good to keep holding then to use because we know value of bitcoin is increasing with the passage of time so not good to use for purchasing something like this, coffee we can buy with using small amount of cash then it is not good to use our precious saving and investment for the sake of anything so my decision is holding instead of buying coffee. |
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Right now Bitcoin is climbing up so fast, In the CMC Bitcoins' price is $7,875.26. Its a great news, Do you think it will be the same as what happened on 2017 ? What are your thoughts about it ?
The probability is very high, Facebook is coming up with their own coin making Facebook a part of the community and the confidence of the investors are coming back if things go well we can have a new all-time high before we end the year 2019, some of articles I'm reading about Bitcoin's surges in prices are telling us it will continue until Q4. You are right if the price of bitcoin will continue rising this way so it will be soon be very higher even more than our expectation. Recent price in market is almost 7k which is leading towards progress and I am sure price will not stop increasing until it become 15k dollar we had best experience in 2017 which made me hope once again about such massive increase in price of crypto currency. |
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Don't forget your fiat salary always decrease because of inflation but at least you have some different financial economy. You can use money management for investing.
[1] Your main salary/income can be used for financial used ( like eat, bills, etc).
[2] Your other money can be used for investing/trading.
I don’t think one should involve all this because it is much better to use your own mind and make investment by your own even with your small amount of salary as if you will do all this with your own hands and mind you will be satisfied and you will be able better decide what you will have to do at dip and what to do at higher price time, in short use small but have patience it will also increase your salary and your profit. |
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Actually YES,I used crypto then convert into fiat..because cryptocurrency like bitcoin is not acceptable for all..in short bitcoin is not popular to used.... Unlike cash we used it even a small thing..bitcoin is good but no cash,is a worst thing.  Indeed, we cannot live without cash in our everyday lives. We need this fiat for everyday expenses like transportation, foods especially when we are buying at the local wet market. Eventhough crypto-enthusiast people are trying hard to spread the usage of cryptocurrency, ordinary people are not yet ready especially merchants to implement cryptopayment since they still have doubts regarding this system and worst, they are actually ignorant about cryptocurrency. I agree in your opinion, because if we dont have any cash its so hard for us to use it everywhere especially in case of emergency, Cash is important in our daily activities , and that it should not be lose. But its better to use both a crypto and cash. You could be right mate but I consider crypto currency much better to use in case of urgent emergency than fiat, because when you will have your bitcoin in your mobile wallet you can carry it anywhere but no one will be aware of it but having so much cash in your pocket can make you suffer anytime to I prefer to carry bitcoin along with me, it is reliable and safe to use. |
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I feel trading at this moment is not right and waiting is better
There is no particular time in trading. But there is what you called the right time to enter trading. If you feel like you are ready to win or to lose, whatever the market's condition, the only matter is you have a positive mindset about trading. You have known in the first place that volatility is the characteristics of cryptocurrency and when you don't feel like trading now, follow your instincts. Exactly, there is always a right time to trade and it is about an individual perspection on how to handle the possible consequences and taking the risk in order to gain profits in return. Let's just keep positive and optimist by dealing every scenario may occur in the market field, due of high volatilization, no one can predict how it will go. So be wise and observant. I don't actually understand how could we be not able to invest in the future if we invest now? Price for bitcoins gave us a another good dip where price for bitcoins reach about $7200 from the peak of $8300 so it is a good sign for the big whales I guess. The changes which are occurring in the price of bitcoins are really quick and over night. If we want to have good profits, then we just need to HODL our coins in each market situation and no matter what the price reaches we should never sell our coin until the price we predicted is reached. If we have basic knowledge about reading the graph, we can predict how long the graphs would run. Yes after once buying your bitcoin we will have to wait for perfect time to trade as we know trading is good only for long term specially if you are new trader you should have patience and don’t trader on wrong time specially when the price is down in the market we only should hold it and wait to increase our trading strategies I am sure very near future we will be able to obtain our earning. |
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