I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
If you re not sure have time to analyze chart, latest news, and predict future news it's better to leave trade. in my opinion daily trade is more lucky thing, a bit of skill. It also depend how you trade. I recommend you to trade/hold in higher time frame I think luck is influential but not important as big as your skills in analysis. you know that crypto fluctuations are so fast in every day you should to have strategies and abilities for chart analysis and so on. this is not just about luck. if you want to play with luck you can try binary |
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I think someone who invests bitcoin is smart rather than stupid. This way of thinking is just able when you have no idea of cryptocurrencies and blockchain technology. But somedays they will be enlightened and they will be mad about the chances they passesd.
Thats right. I think you're wrong to say bitcoin investors are fools. they are smart people with strong courage. they are smart because they can see the huge potential of bitcoin investment and they have the courage because of the risk of considerable fluctuations. stop to say that bitcoin investors are stupid |
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In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.
As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.
They are both risky and can make you become rich very quick. But i prefer trading than gambling because with a good strange, you can win easily. I too agree, we can win more money if we won the Jackpot but the winning probability very less compared to trading. Gambling is completely based on pure luck and whereas trading is based on the pure analysis. Sometimes mostly analysis will work efficiently compared to luck. I prefer trading than gambling because in trading, there is a sure gaining of profit, it is just a matter of patience and timing. While in gambling, we win because we are lucky at this moment, but we dont know if we are still lucky later, we might win or lose anytime. I think trading should not be compared to gambling. I think gambling is a great place to have fun. not a place to profit like a trade. you are just relying on luck at gambling bro? different from trading that requires skills and strategy. of course many people will choose trading |
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Do not be greedy, knowing that stopping at the right time is the best way to manage your profits when investing in this market. It is less profitable but safer.
Thats right. that's actually the best plan for securing a profit you know. do not seek as much profit as possible but play it safely. when the opportunity to sell came. I never wait too long. I will definitely sell it. although the profit is not too great. at least it's safer |
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absolutely day trading are fun and exciting job like a gambling they to focus and monitor the flow chart every time to work in trading because if do not do this strategy the loses become bigger to avoid loses and risk need to monitor what is the potential coins goes in the top.
Day trading really helps financially as well add thrills whenever were able to gain,its just a bit risky since we need to watch the market all day long. Trading is fun if you make profit but if you loses your money you'd better to play video games which is more fun than trading and make trading as your serious job. Trading is really risky and if you don't focus on the current events you might lose your money. Don't trade if you just want to have fun, don't risk your money for that kind of goal. Lol yeah its true. daytrading will be fun if what you make is a profit and profit requires extensive knowledge and skill in analysis. if you get is a loss of course it is not a fun will you get. if you don't have skills and knowledge it it's better to play games because it's so much more fun |
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Oh, well, I never lost my btc, except the fact that I bought it when the price was higher than now. Besides, I hope that it will increase again and since I didn't sold my btc nothing’s lost.
And this is the wisest position, bro. Until you sell Bitcoins, you do not lose anything at all. We all know that the cryptocurrencies prices will go to the Moon again, and we will see this great event this year already. I've been in this business since a few years ago. I can not calculate my total loss because it comes from many things like gambling, trade, ponzi investment, and so forth. I also often lose money because it is wrong in choosing the time to sell or get a loss because the investment site to be a scam and the worst when I lost a lot of money about some btc in gambling |
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The advantage here is that we can earn quite fast, in a short time you can be rich thanks to BTC price increases, the disadvantage is that they are very risky, fluctuating prices. so you can lose your capital at any time. Next time, BTC price will probably increase so now is the most appropriate investment time. And be careful with the hackers.
we have to observe cryptomarket before investing.it have risk and disadvantages to that able make our money totally lost.high return invesment have high risk to.we have to considered about it. i think the risk of price fluctuations is the most important thing to know before investing in bitcoin. many people think bitcoin makes a lot of money, but they do not see the process and the level of risk, and finally they say bitcoin is a lie  Agree I think fluctuations are the first thing you should know before investing in bitcoin. because believe it or not almost all people suffer losses due to fluctuations. eg from a high price then drops very deep quickly it is a factor of fluctuation. but many people are lose for failing to sell before fluctuations occur |
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Scammers are really active now they are unstoppable. The only way to prvent those scammers are being knowledgeable enough about this forum because no one can fool anyone if you are aware and knowledgeable. And avoid joining projects that are too good to be true and lastly don't give any personal information in any sites and avoid clicking links.
Yeah you're right a person who has knowledge of course will be more difficult to be deceived. and the information provided by the OP is helpful for you to be more knowledgeable. knowledge will protect you from fraud. because you can tell which investment is right and fraud, be more careful from phishing sites, and so on |
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I used to invest in bitcoin and I met scam, so sad
Perhaps you are not investing in Bitcoin, but you are investing in coins from unspecified ICO projects that offer their coins with the lure of big bonuses. While their own coins have not been in the market. I don't think that Bitcoin is a Scam . It's about your understanding of what Bitcoin is. Try to read more about it ,and learn from it. The losses a person gets in bitcon investing is not a scam it is a risk that happens if you are wrong in choosing an option. I think the scam that they met is not from bitcoin directly. but from third parties investment such as ponzi, ICO, or coin multiplier sites, etc. You know that investment is very much in the bitcoin world |
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emergency funds should not be invested. because we know that this emergency situation can happen anytime. we can not predict about this. if an emergency fund is invested in cryptocurrency and you need funds but the market price goes down, will you sell it directly..  When you make a plan make sure you have a backup plan also so that when the risk occurs such as a decrease in price or loss. you still have a backup plan you can use it. a backup plan can contain a backup of funds so your finances will remain stable and awake even if you suffer losses though |
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It is better to invest in 2-3 coins is more safe, because the most important thing is to save your fund and profit is not the most important thing.
I think the main goal of investment is profit. but using all your money in 1 coin only is a risky thing. moreover it is possible coins could be a scam. and you will lose all your money. using some coins will reduce the risk and it will be more profitable. because it is very possible some coins you buy pump simultaneously |
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I think that the price will happen at the end of this year. I further believe that bitcoin will rise slowly until the end of the year. So the investment that we do will not be in vain. So wait till the price is good at the end of the year. Hopefully it will treat us who have waited long enough.
I hope the price will be higher than that price. many people mention to be patient and restrain. because prices will rise at the end of the year. they almost have the same speculation and opinion. and I hope that's true because we already feel a lot of pain right now. prices do not go up and still stable in low position and its happen for long time |
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I think long-term trading becomes an effective trading strategy. Being more able to make timely corrections, not much time to monitor stocks, investments or stock trading for the long term will not be affected because of short-term instability ie factors such as liquidity, surplus of certain sectors or stocks that can make stock prices above their value.
And besides long term trading does not require any special skills? so long term trades can be used by anyone even if they have little skill and knowledge. yeah you're right besides that you do not need much time to monitor and avoid inflation and fluctuations |
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No. Bitcoin will never be a private property but only an asset to many. A private property is something physical that someone's own legally.
Bitcoin does not owned by anyone and not owned by one person. bitcoin is an asset whereby many people can use it and invest in it freely without any control and intervention from anyone, that's the function of decentralizing bitcoin. no owner, no control, and free to anyone |
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There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.
Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.
What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?
Rage
It really made me feel secure enough to invest in crypto currencies. Regulation is a must so that people will not try to scam us since because of that. I think this will be a symbiotic mutualism because with regulation will certainly provide benefits for both? with regulation. then there will be many parties and merchants who will then accept bitcoin. of course bitcoin will be more secure because many people will start to believe in bitcoin. the government will get taxes and other mutual benefits |
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in trading there will be and never experienced losses because trading has a high risk and needed good knowledge to reduce risk and do the right thing to get profit, if we lose money then we should be able to learn from the mistake and not repeat it
Risk in trading is a natural thing and sometimes making mistakes in calculations and causing losses in trading is a natural thing as well. the important thing is we have to stay calm with our defeat. you right make the loss as a lesson. to make you more expert |
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I am not sure but I think a country with a good economy also has human resources and the development of science and technology is good too. So their way of thinking is of course also different. The community will also be able and ready to use existing technology in bitcoin.
Of course a country with a good economy will affect. you can see a developed country with a good economy certainly has most of the human resources that have good knowledge and economy also. that's why when something technological comes for them. they can follow it and uptodate |
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The internet is like a big library where you can find all the answers to your questions about cryptocurrency. All you need to do is give some time in browsing and reading some trends about cryptos.
Yeah you don't have to be confused from where you have to learn. there are many pursuits you can get from the internet. it can be said anything you want to see is on the internet. you're internet right like a big library. you can search anything here. besides that I usually find information about crypto in this forum and other forums. I also often watch youtube to add knowledge and skills. there is a lot of information that you can make to increase your knowledge in crypto. |
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In your opinion, what are the best way to serve country economically?
In my opinion following ways should be considered.
1. Better and free education system where everyone can get better education to achieve his/her goals.
2. Proper usage of governments funds in urban and rural areas for infrastructure.
3. Building new industries and companies to create more employment opportunities.
4. Better and free health policy for everyone.
5. Better law and order satuation so that foreigner can be attracted to invest in your country and pay you taxes and give employment opportunities.
6. Raising high standard of living by reducing inflation.
The best way to serve a country is to have a corrupt free government. There are a lot of platforms presented by the politicians which will aid the development of the country. However, the budget of these projects are being cut or limited because of corruption. So I believe, that the economy will uplift through eliminating the corrupt government system. Lol you are fit to be a leader with your vision and mission like that. everything you say is very good. but it is true what is said by christian that we need to make eradicate corruption first. because any project made by the government. surely the budget will be cut by the elements and corruption occurs. so what the government makes will be less targeted |
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one of my favorite strategies is the distribution of a few tactics, for the least risk of loss. For example, both long-term holding and active trading on exchanges.
I also try combining all of these options. When i have free time, I deal with the day trading. When i am very busy, I simply hold the altcoins that I do have. Actually daytrading needs a lot of allocation of time because you have to do a good analysis and then you have to standby in the market so you can get the best chance possible. normally I will not leave the daytrading order to do other work because maybe I will miss the opportunity and instead the price will probably continues to decline and make me lose. so I'll use daytrading when my day is really spare |
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