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1021  Economy / Trading Discussion / Re: day trading for quick profit on: May 04, 2018, 11:15:29 AM
Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?
Day trading is not easy job that you think, day trading is hard job because it is hard to know when is the right time to buy and to sell cryptocurrencies. You can't easily make profit in day trading because of the volatility of the cryptocurrencies.
1022  Economy / Trading Discussion / Re: What to do if you lose $2,000 in trading? on: May 04, 2018, 07:22:41 AM
Losing your hard earned money on trading is one of the traumatic experiences that might happen to you.  This is usually happen when you are so bullish on the coins you are investing. Here are my thoughts on how to redeem you from this kind of experience.



1. Acknowledge that you did something wrong

            There are no other ways to start the process of redemption by accepting the fact that you made wrong decision. You need to accept that every once in a while we do poor judgment. It is important; when this thing happens to us we are ready to humble ourselves that we committed mistakes.

2.   Identify the problems

          a. Lack of experience – I was a successful trader in stock market winning mostly of my trade. But playing here as a day trader in crypto is something new. Your success in stock market doesn’t guarantee you success in BTC.

          b. Playing aggressive – Since I have too much ego in my head I put all my money in one coins only. I didn’t consider altcoins to hedge risk from BTC. There are altcoins who doesn’t affect much by this massive correction.

          c. Didn’t follow my trading plan – Foundation of trading practice is to follow the plan you have originally set. Your exit strategy is one of those important decisions you will made. It composes of selling and cut loss strategy.

3.   Courses of actions

          a. Never stop growing (learn the new market) – In every new things to we do it is very important to know our strength, weakness, opportunities, and threats (SWOT). Money is involved in every trade which make, which gives us reasons why we need to study the every aspects of cryptocurrency.

          b. Follow religiously your trading plan – There some trader who doesn’t have trading plan, in my case I have one which was not followed. Trading plan was based on your personal experience in trading. In time these plans was polished and test its effectiveness. If followed properly chances of success are increase.

          c. Never stop trading – If this single defeat dictates me to stop then the real loss will happen. These circumstances should ignite us to continue, make this experience to hungrier for success.

          d.Diversify your portfolio – Never do all in trade. These will gives you room for another alternative once the other coin doesn’t do well. Balance your portfolio composes of your well research coins.


After careful assessment of my situation, I believe that once a trader will always be a trader. I may lose sometimes but will rebound harder and stronger.


Remember merits are perishable if not use


You should move on if you loss big amount of money in cryptocurrency trading. If you moved on after huge loss, this time you should focus on how you will gather more information, strategies and techniques for you to easily overcome all of your losses.
1023  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: May 04, 2018, 06:42:55 AM
“Soon, though, I became aware that there was an even bigger game available to players like me. It was, in fact, the biggest game in town -- the international financial markets. So my interest shifted from playing cards to playing the markets.” - James Frazer

Someone in a West African country - a young man - had exhausted all means of getting a reliable livelihood, including hard manual labor. He resorted to commercial motorcycle riding. At least, he was able to get some money to feed his family.

One day, he’d a near fatal accident, and got confined to bed for weeks. I thought he’d never go back to commercial bike riding. I was wrong! Since he thought he’d no alternative, he went back to that job.

The young man went back to a job that nearly claimed his life because he’d no alternative; yet many quit trading because they lost negligible amount of money. People suffer ignominious defeat in other areas of their life and careers, and they don’t see any big deal in that. Nonetheless, they see a big deal in trading losses and they think there are better alternatives.

There are many people who tried to discourage me from trading when I started. These were people who were considered intelligent and successful in other fields, like religion, education, politics, etc.

For example, one respected religious man told me that he didn’t want to become a trader because he knew those who wanted to make heaven shouldn’t trade. What a totally wrong opinion about trading? That statement could discourage ignorant people from attaining their potential as traders. The man later sent me a personal email, asking me to remove him from my mailing list because he wasn’t a “businessman,” and he wasn’t interested in trading. I quickly removed him from my mailing list. He later blocked me on Facebook because he didn’t want to see some of my posts, which obviously related to trading. 

I wasn’t deterred by his actions, for I knew his actions were also lined with envy. I knew he wasn’t the one to feed me or carry my responsibilities for me. He’d his own responsibilities and he’d even be glad if someone like me offered him some cash.

Years later, the same man was surprised that I’m still a trader, with a measure of success. I even sent him some money recently. He was grateful for the gift. 

When Should You Become a Trader?
Now is the time for you to decide to become a trader. You chances of success are greater than you can imagine.

How can this be possible? I’ll reveal the secrets in my coming articles.

Most people come to trading as a last resort: When they’re completely down, when they’ve nothing to rely on and they’ve exhausted other possibilities. This is a wrong time to become a trader, since the financial pressure on you would make it impossible to trader with sane logic and rationality. 

It’s better for you to become a trader when you’ve another sources of income. When you know that some initial challenges you encounter wouldn’t endanger your wellbeing (and perhaps, that of your family).

When you’re supported by your family, your life as a trader would become easier. Joe Ross, a trading veteran, once said his wife suggested that he write down what he knew about trading so that his children could learn in the event they ever wanted to take up trading. What he wrote at that time became his first book. Joe Ross clearly had support from his family. What a blessing!

Don’t Give Up Trying to Become a Successful Trader
Several years ago, when I encountered initial challenges in trading, I was tempted to give up. However, I was lucky to come across some things that encouraged me to keep on going. I knew I’d no better alternatives than trading. Now I’m happy to be a trader. I can only look forward to a brighter future.

Trading success is sweet, liberating and enriching. There are numerous known and unknown traders all over the world, who make decent profits on monthly and annual basis. They won’t exchange this wonderful privilege for anything! By not giving up trying to become a successful trader, you’ll soon experience the joy of financial freedom that comes with trading.

Conclusion: Many a good trader has survived the point at which chicken-hearted people quit, and has been rewarded. If we also imitate such determined traders, we’d survive whatever the hurdles we come across and we’ll enjoy rewards greater than what people think we can enjoy.

This article is ended with the quote below:

“Roald Amundsen says: Adventure is merely bad planning. I have talked about Amundsen before and focused in particular about how his success as an explorer was a function of his obsessive planning. What strikes me about people who are successful in very difficult fields is that they all share similar traits, attributes or philosophies.  Much the same could be said about traders and trading/. If you are find trading an adventure or it is exciting/stressful then you are most likely doing it incorrectly.” – Chris Tate (Source: Tradinggame.com.au)

Today is the best day for you to become cryptocurrency trader. You will miss more trains if you will wait more time for you to trade  cryptocurrencies. You should now gather many information about trading for you to increase your knowledge about cryptocurrency trading.
1024  Economy / Economics / Re: Still Trading When Red? on: May 03, 2018, 01:34:11 PM


It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...

Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?


I always trading cryptocurrencies even the market is full of red. I am using different tools like RSI and MACD for me to easily predict the price of the coin. There are a lot of opportunities that I can get even the cryptocurrency market is still red.
1025  Economy / Economics / Re: let us promote BITCOIN on: May 03, 2018, 09:44:50 AM
hi peepz, we all know the declining price of bitcoin today since the start of this year, so i have made this thread for you to post ONLY positive things about bitcoin on how it affects your daily lives, please do sights some of your personal encounter using bitcoin in buying online or on a physical store if there's one. you can also post how you earn bitcoin using this forum.

if you are to post negative things about bitcoin, i believe you should not be here in this thread, there are other threads that tackles the disadvantages of bitcoin so please spare this one.

i believe that this should be helpful for people who have no idea about bitcoin. including newbies in this forum. who knows, maybe some smerit giver will read your post if it deserves to be merited depending on how helpful and informative your post is. so good luck to us all guys.

EDITED: please do not post statements that you agree on why i created this thread, what we need is the practical use of bitcoin today, just to avoid spamming posts that are already posted above yours.
We can promote bitcoin through social media platforms. We can help the bitcoin to become more valuable through promoting. The people in our society will become aware to what is bitcoin if we will promote it.
1026  Economy / Economics / Re: Why is bitcoin stability important? on: May 03, 2018, 05:41:19 AM
I think promoting bitcoin stability is partly a matter of avoiding the alcoint crisis, major changes in cryptocurrencies activities, high inflation, and excessive volatility and alcoint markets. Instability can increase uncertainty, inhibit investment, hamper the growth of alcoint.
for your opinion.?
If the stability of the bitcoin is good, then the investors and traders will keep buying bitcoins. It is really important because it can make strong relationship to its users. They will not think negative if they saw that the bitcoin has strong stability.
1027  Alternate cryptocurrencies / Altcoin Discussion / Re: How to choose bounty? on: May 01, 2018, 07:30:53 PM
We all know that there are a lot of bounty in the bounty section as we can see, but my question is how to choose good bounty campaign that we are able to  earn money? Many people mention, that the only way to determine whether the bounty is profitable or not  is by reading its white paper but may I ask to those expert here what is the other way to determine the profitable bounty?
There are many managers that are good, you can choose good bounty campaigns from the popular managers here in the bitcoin talk forum. I always earning profitable altcoins because I always joining promising project.
1028  Alternate cryptocurrencies / Altcoin Discussion / Re: When will ICOs die? on: May 01, 2018, 06:50:31 PM
Recently learned that more and more ICOs are closing deals through private sales and merely airdropping the coins. Will ICOs die, when will it?
The life of the ICOs depends on the investors. The ICOs will continuing to exist if the investors will keep patronizing it. Try to observe the cryptocurrency market and you will find out that many investors are still prefer to make investment with ICOs.
1029  Bitcoin / Bitcoin Discussion / Re: What makes Bitcoin valuable? on: May 01, 2018, 05:04:26 PM
Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.

Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.

So heres a little cheat sheet for any newbies out there who get this question or accusation:

1. Bitcoin is safe.  It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.

In short, Bitcoin solves massive problems with the financial and political world, and that is its value.

And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.




-





@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential



The law of supply and demand is the reason why the bitcoin is so valuable. As time passing by, the market capitalization of the bitcoin is continuing to increase while the price of the bitcoin also increasing.
1030  Bitcoin / Bitcoin Discussion / Re: How far can Bitcoin go? on: May 01, 2018, 04:21:04 PM
How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?

I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?
I think the market capitalization of the bitcoin will increase more because the users of the bitcoin are keep increasing. The bitcoin can go far because it continuing to build trust and hope to its users.
1031  Economy / Trading Discussion / Re: What are the best exchanges to trade. on: May 01, 2018, 01:21:50 PM
I am new to crypto and I want to learn how to trade but I do not know where to start. Please give me some advice on what are the best exchanges where I could learn how to trade. Your advices will be highly appreciated.  Smiley
There are many exchangers like binance, bittrex, bitfinex and kraken that are good to do trading cryptocurrencies. You can trust those exchangers because they have good security.
1032  Economy / Trading Discussion / Re: Trading don't work for me too well on: May 01, 2018, 11:14:44 AM
Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
If trading doesn't work well for you, you should stop it and find a way first on how you will improve your knowledge, strategies and tactics for you to overcome all of your losses.
1033  Economy / Trading Discussion / Re: Altcoin trading on: May 01, 2018, 10:39:34 AM
Altcoin trading is risky, there are altcoins that can considered as only bubbled. We should pick altcoin wisely for us to avoid shitcoins. We can make more money if we have profitable altcoins.
1034  Economy / Economics / Re: Banks Won't Make You Rich on: May 01, 2018, 04:09:44 AM
This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Lips sealed Banks are just for keep your money safe!  Tongue

It is the reason why it is better to store our money on cryptocurrencies than on banks. The returns that we are going to get through making savings on bank is only small while in cryptocurrencies, our investment can become double or even triple.
1035  Economy / Economics / Re: Panic selling can contribute to bitcoin price going down? on: April 30, 2018, 08:03:38 PM
I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
Yes it does! Panic selling can contribute to bitcoin price to go down. Panic selling is also the reason why many traders are losing their money. We can make more wise desicion if we will not panic.
1036  Economy / Economics / Re: Which crypto-currency do you prefer? on: April 30, 2018, 06:36:13 PM
At the moment I prefer Bitcoin, but I am looking for an alternative. Can anyone suggest me some alternative cryptocurrencies except Bitcoin ?!
P.S: I'm so sorry if I post this in the wrong board but I don't know what is right board for this question. If I post this in the wrong board, please move it to the right one, thank you.
For me, bitcoin is still the best cryptocurrency that we can buy. The stability of the bitcoin is becoming more better and it is the reason why investors are keep buying and using bitcoins.
1037  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you like airdrops? on: April 29, 2018, 03:51:14 PM
Hello guys!  Wink

Today I wanted to ask you, what do you think about airdrops?

As for me, I work in the KickCity project and recently we launched airdrop. I do really like the result! We have a lot of newcomers and new people who are interested in the company. If you want to join you can ask the team in the community https://t.me/kickcity_chat (the airdrop is closed by now)

SO  Shocked

Are you taking part in airdrops? Do you like the result? What is the feedback?
Or maybe you are working in a project launching airdrop?

What is more, you can get tokens for testing a project's beta. For example, KickCity. You can get reward for testing this platform https://kickcity.io/event/5a9d11030cf2cac8e081f3e8
There are airdrops that are profitable. I only joining to the airdrops that are promising and profitable. There are many airdrops here in the cryptocurrency world but most of the airdrops are giving shitcoins and not promising coins. It is better if you will make research first about the project for you to get profitable coins.
1038  Bitcoin / Bitcoin Discussion / Re: Investing to Bitcoin is not that easy on: April 29, 2018, 02:29:28 PM
There's a lot of things you need to consider that if you don't give importance your investment may be at risk so here are some of the things ou need to consider or to study.

Learn about the basics first such as:
• Bitcoin wallets
• How Bitcoin works
• What is Blockchain
• Types of wallet
• And different kinds of investments

Second Learn what kind of investments you need to do, here are:

• Trading
• Holding

When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:

• LocalBitcoins
• Binance
• Coinbase
• Just search on the internet.

NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.


You should not make investment with bitcoins if your knowledge is still not enough. You should remember that little knowledge is dangerous. Bitcoin is so volatile and you can easily lose your money if you do not know how it works.
1039  Bitcoin / Bitcoin Discussion / Re: Will the government ban bitcoin? on: April 26, 2018, 12:25:43 PM
Bitcoin has been announced since the day it was invented, and it will be suppressed by governments in the future and declared illegal currency. Is the basis, the further development of the currency will be in the interests of the threat to traditional monetary and ruler, not the rights to cryptography currency once governments announced that the currency is illegal, its price will produce volatile in the short term, and may even crash. At the same time, the government will force the bitcoin exchange to be shut down, so that bitcoin can only be sold in private, and its exchange capacity will be badly hit. Will the government ban bitcoin?
In my country, the government is now fully recognized bitcoins as money. They will not ban bitcoin because bitcoin has now important role in our economy. Many people are now using digital currencies because of the benefits that they can earn.
1040  Economy / Trading Discussion / Re: Start with Bitcoin or Ethereum on: April 23, 2018, 12:26:50 PM
I want to start  trading , should  i buy Bitcoin or Etheureum first ?
before you start trading and choose one of them, you should first understand the basic of trading and understand first about bitcoin and ethereum. it is important to avoid losses later. but if you already understand this, I suggest to choose bitcoin because bitcoin is the parent of all altcoin
Good advice, being a beginner you should start in one coin and slowly going to other when you think you are ready or your mind can pick up the new lessons that you are about to know experience. Bitcoin is the formost basic crypto that you should know better than any crypto.
It is true that you should first start with bitcoins and not with altcoins. It is important to understand first how bitcoin works for you to easily understand what is altcoin and what it's functions, purposes and benefits to us.
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