Latest posts of: RechardSmith

I'm new in the crypto marketplace. Still, I'm analyzing about BTC. I'm planning to invest in a few days.

Quote from: BartS on February 16, 2018, 07:47:05 PM

Quote from: btc100k on February 16, 2018, 04:45:34 PM

1. Have a clear target and a clear stop loss
Remember: trading doesn’t need emotions; only reason and rationality. And you just can’t ignore discipline.

2. Sometimes it’s better to take a small percent profit per position (especially during the bear market). Yes, you will need to make more positions for significant gains, but the guarantees of the success will be much higher. The truth is that the best traders in the world aim for small and consistent profits. They know this is the only way to success.

3. Do not trade with money that you need for living expenses. This is called "risk capital" for a reason.

4. Don't be a blind bull. ALL markets are cyclical. Don't be afraid of failures or failures on the market - this is where you can earn more money.

5. Don’t go for one coin, but invest in multiple currencies. That way you’ll spread the risk. In our CryptoMaker Premium channel we post 3-6 actual signals daily – just pick any several coins you prefer and invest. Happy trading!

Most of the advice is solid but I disagree with the fifth point specializing in a few markets or even in one is better, there are many nuisances in the markets that can make the price to go in one direction or the other and the more you trade in a market the more you know it, so trying to trade too many coins is a mistake in my opinion especially when the profits you can get with bitcoin trading are already some of the biggest profits you can get in almost any market.

Hi, I would like to invest in BTC. I'm new in cryptocurrency. Do you have any advice for me or who want to invest in crypto? Thanks.

Quote from: btc100k on February 16, 2018, 04:45:34 PM

Nice Tips! thanks for sharing.

Quote from: yojodojo21 on February 17, 2018, 08:44:29 AM

well always go to legit site when you are going to invest don't mind shit project, in case you are going to invest in ICO do read the whitepaper and search about the project don't make thing in a hurry. in your case that crypto is prohibited then you should learn how to do transactions incognito. always be wise when it comes to money or whatever, DON't invest on any HYIP's it will suck you all. informations is really needed. use brain not Heart.

Thanks for your nice advice. Realy touch my heart from this word "use brain not Heart" Thanks, thanks a lot.

Quote from: ToyotaFortuner on February 17, 2018, 08:37:55 AM

Quote from: RechardSmith on February 15, 2018, 07:00:51 AM

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

my advice should you invest in bitcoin part of your capital because at this time bitcoin price is too high and will be risky when you buy bitcoin much in high price like this.

Thanks for your advice.

Quote from: kolega on February 17, 2018, 08:27:41 AM

I believe that before investing your capital, you need to learn how to analyze markets, use technical and fundamental analysis. You should also carefully analyze the technology and the company that are behind the token or coin in which you will invest

Yes, I do. Thanks for your advice.

Quote from: ichanjay on February 17, 2018, 08:04:13 AM

Trust no one! cryptoworld is full of shillers and fudders . Always do your own research

Thanks for your advice!

Quote from: RoommateAgreement on November 28, 2017, 01:35:20 PM

bitcoin is always going to be the best thing you can hope for in a long term investment and altcoin can be the best for short term investment. other than that altcoins are not good for long term because they don't have the adoption like bitcoin has which means their rises are pure pump based on speculation and fear of missing out. these rises can not last on their own.

besides you are in trading discussion board so it is about trading and making profit from that. in trading altcoins you only buy those that are about to go up. if you look at the history of altcoins you can see that period only lasts a very short amount of time. hence good short term investments.
in comparison bitcoin rises in short term, has some correction then starts rising again short after. hence good long term and short term investment.

Nice information for a newbie in BTC as me. Thanks a lot!

Quote from: BobBct on February 17, 2018, 06:52:52 AM

Don't trust in a unknown ICO because you may get scammed and if you're planning to trade keep in mind that you need to keep watching your coins even trading or hodling it.

Sure, thanks a lot!

Quote from: mriansa on February 17, 2018, 06:51:11 AM

Quote from: RechardSmith on February 15, 2018, 07:00:51 AM

for bitcoin investment you should invest for the long term and must have the capital to be able to buy at least 2-5 BTC for now because if you only have less than 2 BTC then the profit you get is definitely very little and not comparable to what you are waiting for for decades.

What do you mean for the long term, 3 years is not good enough? I'm not clear, please explain me. I need a good idea of crypto investment. Thanks for helping me and waiting for your kind reply.

Quote from: KEPLER99 on February 17, 2018, 06:45:35 AM

Quote from: RechardSmith on February 15, 2018, 05:43:47 PM

Quote from: Andrey123 on February 15, 2018, 09:07:44 AM

It is not a speculative coin.
They buy it and keep it for years, for a lot of growth.
If you can spend a lot of money and wait so much, then it will be a good investment.

If not, either forget about it, or try to trade on cheap coins.
And for this you need to be able to read graphics.

Not much only $500 I can invest now and I can hold it for 2/3 years. If I don't have much money then I will not invest in Bitcoin? I'm not clear.

With such amount I don’t think so you will be making a better profit even after 2 or 3 years like you said. I suggest you to save this amount and start working on campaigns. From here you will be able to make a handsome money in few months and then add this money to the saved ones. Hence you would be having a better capital to take a healthy start. Else it will take much hard time to flourish with such low income.

Thanks for helping me.

Quote from: dothebeats on February 16, 2018, 08:39:37 PM

Number 1 rule I can give is to avoid pump and dump groups at all costs. The gains are enticing, sure, but there isn't any certainty that you'd be able to get some profits before the whole group dumps on you. Next is avoid following your emotions when executing a trade. Many people have been burned by the recent crash due to poor decisions trigerred by their fear of losing it all in the process. Don't be that guy. Lastly, only invest what you can afford to lose. Crypto investment isn't a sure fire way to give you the millions you've always dreamed of. Those who got their millions on crypto are just extremely lucky to be at the right place at the right time.

Wow! Thanks for your fantastic advice. Yes, sitll I'm learning and analyzing for invest in BTC.

Quote from: MiiDoViic on February 15, 2018, 04:25:13 PM

Quote from: RechardSmith on February 15, 2018, 07:00:51 AM

If cryptocurrency is prohibited in your country then you should buy from trusted members here in the forum or from someone who owns bitcoin that you could trust . Never buy using banks and don't go around telling people in your local area that you are invested in bitcoin or cryptocurrency . If you somehow make good money people will get jealouse and could snitch on you and get you in trouble with law.
Be discrete and carefull trading . It's all good if you took in consideration the things I've mentioned.

Thank you very much for sharing a some of the good technics of course, I will follow it. Thanks.

Quote from: MinerHQ on February 15, 2018, 03:43:44 PM

Quote from: eternalgloom on February 15, 2018, 12:32:47 PM

Yes please share your locality. then only people can advise you. because if your governament announced officially the Crytpo trading is illegal then don't buy any coin with using your bank account you will get trapped.

Find any local sellers and buy your coins for liquid cash don't do any bank transactions.

Thanks a lot for giving me a fantastic idea.

Quote from: serjent05 on February 15, 2018, 03:40:40 PM

It would be better to follow your countries law. It was stated that cryptocurrency trading is prohibited in your country, follow it so that you won't face any problem in the future when your government discovered that you are not following the law and confiscate all your stash plus you in the jail.
You can study the market, follow it and get yourself updated until the time your country lift the ban.

Thanks for your advice.

Quote from: monalia on February 15, 2018, 02:24:32 PM

Quote from: RechardSmith on February 15, 2018, 07:00:51 AM

Trading is not a good deal for all the peoples so you should avoid in cryptocurrency investment. Because your country is strictly prohibited in cryptocurrency then why you want to invest in Bitcoin you should try stock market it will make profit for you. Else you are in expert in the crypto market you should invest in Bitcoin.

Thanks for your advice!

Quote from: dvabit on February 15, 2018, 02:06:58 PM

Quote from: RechardSmith on February 15, 2018, 07:00:51 AM

I'm part of http://www.hashtaginvesting.com/#chat day trading forum. Started recently, it has all the ingredients to keep you going. You have got experts with more than 20 years of experience holding your hands while you reach the top list of active investors.

The latest news on trending markets of stocks and bitcoin are an amazing feature of this forum. This is the icing on the cake and makes this forum a real charm. This forum is highly useful for traders who are keen on investing into bitcoins and must keep tabs on its activities. The discussions and insight provided through this forum have served well for beginners as well as for experienced traders.

Thanks for sharing, I hope it will helpful for me.

Quote from: yanto@1977 on February 15, 2018, 01:50:26 PM

Quote from: RechardSmith on February 15, 2018, 07:00:51 AM

Always doing analyze before start to invest/ trade in any coin you want. Analyze is needed to make sure you're on the right track and give you profit. Never forget about stop loss and keep practice because market is unpredictable. Just do what I mention to create better plan create income. Keep going and see you next time.

Thanks for your suggestions.

Quote from: eternalgloom on February 15, 2018, 12:32:47 PM

It might help if you could tell us where you're from? Are you completely sure that it's illegal to invest in cryptocurrency for individuals, usually regulations like that are targeted against financial institutions.
If it is indeed illegal, I wouldn't really recommend breaking the law, but if you do, at least check beforehand what the consequences would be if you get caught.

As for tips, I'd suggest you first learn how cryptocurrency works by downloading a wallet and sending a couple of transactions to yourself.
Afterwards you can find tutorials about trading and how to use exchanges for day-trading.

Thanks for your reply. I'm from Bangladesh and it's an unofficial declaration that we can not invest in the crypto marketplace. But we can visit the marketplace.

Waiting for your reply.

Thanks.

Quote from: wayaneka on February 15, 2018, 11:26:10 AM

Even many prediction of Bitcoin will going to $20,000 or more but remember this is only prediction so that mean about 70% can become reality but about 30% can be wrong, so just make sure use about maksimum 30% of total your money to make invest in it. All most popular cryptocurrency like ETH, DASH, NEO, XMR, XLM, BTC and more in the long term has big possibility to growing because currently the volume of crypto still small, and in this world just about 1% of total pupolation know and understand how does crypto work.

Yes, that is why I want to invest in crypto and I want to increase my investment amount from my savings, not all savings. Now I'm analyzing on the crypto market and I will take my decision soon. Thanks for your advice.