For me i would prefer holding all of my coins until the value of all my coins is totally increase and when i am satisfied with value of all of my coins i would sell it very high, and i dont prefer day trade because i am not good at trading at all.
We need to know our limitations, I'm a very nervous guy so if I was trading I will be unable to do anything else and I will be checking my trades every single second and I will be worried all day, I will probably get sick due to it, so for someone like me the best strategy is to just hold, most of the time I do not check the price of bitcoin unless I read the news somewhere that something happened with the price, that way I avoid most of the stress of holding my bitcoin. I am also in favor of holding for a long time if the coin is bitcoin and if there are altcoins you are talking about, then it is great to use them in day trading or long term trading for earning some decent profit. Bitcoin is very expensive currency and is highly predicted to further increase in value by the end of this year which means the best method of making money with bitcoin is to keep in wallets for a long time. Yes it is true that if the bitcoin is the coin that you are holding, it is better to do holding but if you have altcoins, it is better if you will do day trading. Day trading with altcoins can make more profit. |
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I am starting trading some month ago.Bought some alta coin but now all alta coin are down and i donot understad what can i do?I get a big lose if i sell this.So how control my mind ?  It is true that many people can't control their emotions that leads to lose their money in trading. We can control our emotions if we are always calm. We should be always positive when we are doing trading. |
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I think you should watch youtube videos, there are plenty of resources out there, you can learn everything. You can do demo trading also. There are plenty of good websites. I would also suggest you start real trading with a small amount of money. This is not for profit just for learning purpose. When you start trading just put stop loss and take profit. In this way, you will gradually learn how to trade.
It is really a good way for you to learn how to trade. I learned to trade because of youtube. I always watching many videos in youtube about trading and it is the reason why I also become a good trader. |
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It is true that some countries are banned the bitcoin. I think the reason why they banned bitcoin is because of the disadvantages of bitcoin. I think they are focusing to disadvantage of the bitcoin and not the advantages of bitcoin.
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Which one suits you the most?
Bitcoin wallets that have private keys is very suitable wallets for us. We can sure that our bitcoins is safe if our wallets have private keys. You should store your bitcoins to wallets that have private keys. |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Investors are aware that most of the investment in the cryptocurrency are extremely risky. Bitcoin investment is also risky but for me it is really good investment. I am continuing to earn money because of bitcoin investment. |
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It is true that most of the people are storing their wallet to the bitcoin because they know that they can get many benefits by holding it. The price of the bitcoin is continuing to rise up and we can become rich person in the future if we hold many bitcoins today.
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
Bitcoin will not destroy the fiat system because bitcoin can't destroy the fiat system. The bitcoin doesn't have enough power to destroy the fiat money. I believe that people are still using fiat money than bitcoin. |
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I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
There are many reasons why the bitcoin is created even though there are Fiat money. There are many transaction that the bitcoin can do and the Fiat can't do. Bitcoin also created many jobs for the people who doesn't have jobs. |
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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
We should all have plans about when we will sell our coins. Planning is really necessary. We can earn more money if we have good plan. Plan is also the key to become successful person. |
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Hello, everyone. I am new here. I want to make money from Bitcoin Trading. So First, I want to learn Bitcoin Trading. Please advise me or recommend me some resource where I can learn Bitcoin Trading. Advanced Many Many Thanks to You All....  Just search in the internet about trading and for sure you can learn how to trade. Trading is not an easy job! You should exert an effort and strength for you to become a good trader. |
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I think all of the educational institutions should have a course that have connection to the bitcoin for them to have a knowledge about bitcoin I am currently studying at university and it seems that the bitcoin is still not popular.
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Bitcoin is something radically new. Nothing like Bitcoin has been possible until now. I would go so far as to consider it sui generis; "in its own class". This makes it important to understand what Bitcoin actually is before we try to describe it to others. We're getting a good handle on the code, and of course on Bitcoin's function and utility, but what words should we use to describe Bitcoin itself? There has been some debate in other threads [mostly my doing] over how it is like/not like money, cash, dollars, etc. I'd like to start this thread by focusing on the term "money", and play Devil's avocate by asking for your best arguments that Bitcoin IS money. My legal dictionary states "In usual and ordinary acceptation it [money] means gold, silver, or paper money, used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate." [cites omitted] Wikipedia says "Money is any object that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally, a standard of deferred payment." [cited omitted] Webster's Online Dictionary defines money as: - 1. The most common medium of exchange; functions as legal tender; "we tried to collect the money he owed us".
- 2. Wealth reckoned in terms of money; "all his money is in real estate".
- 3. The official currency issued by a government or national bank; "he changed his money into francs".
- 4. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by the sovereign authority as a medium of exchange in financial transactions between citizens and with government; also, any number of such pieces; coin.
- 5. Any written or stamped promise, certificate, or order, as a government note, a bank note, a certificate of deposit, etc., which is payable in standard coined money and is lawfully current in lieu of it; in a comprehensive sense, any currency usually and lawfully employed in buying and selling.
- 6. In general, wealth; property; as, he has much money in land, or in stocks; to make, or lose, money.
[links omitted] [/list] I maintain that per these definitions, Bitcoin cannot possibly be described as "money". And further, I think that those who do describe Bitcoin as "money" are doing this community a disservice. But that is just my point of view. Are there any that can convincingly argue otherwise, that Bitcoin IS money? Bitcoin is a money! Many people are now using bitcoin because it is a digital money. We can now use bitcoin to pay our bills. I know that many stores and businesses will accept bitcoin. |
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Of course it is. Bitcoin is really our future money! Many people are now adapting bitcoins. There are now also many people who using bitcoin in daily transaction. Bitcoin will be use by all citizen in the future. |
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You must now buy bitcoins! If you observe the price of the bitcoin, you can see that the price of the bitcoin reached now $8000 per each. My advise is buy bitcoins as much as you can.
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Some day in the future, you will realize that the best time to invest was not today, but some other day in the future, when prices were low. But with the information that you have today, the best time to invest is still today, because you do not know when prices will be low, and you do know that the longer you hold your investment, the more time it has to grow.
Toughts?
The best time to invest bitcoin is when the time that the price of the bitcoin is still not expensive like in 2009. I believe that this time is also best time to invest our money in bitcoins. |
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Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
It depends on you if you will continue trading or not! I am sure that you can overcome all of your loss in the trading if you always hardworking. You can become a successful trader if you will focus in the trading world. |
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Hello guys,
How are you everybody?
I am very interested to know about how to make real money with cryptocurrencies.Can anyone help me please?
Thanks
One of the best way to make money in the cryptocurrency world is by joining in bounty campaign. I have now many altcoins because of bounty campaign. I using the altcoins that I earned in bounty campaign to start trading. |
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I think I can earn limited amount of money every month. I want to invest my money in trading.How can I get a good
a good amount profit every month??How I research the market?How to find out the good coin to invest?Thanks in advance ....
There are many ways for you to find out what altcoins that are really profitable. I prefer to you to buy altcoins in the top 10 place in coinmarketcap.com. You can double your profit if you invest your money in profitable altcoins. |
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Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I believe that there is no person or group that can destroy bitcoin because even government can't destroy bitcoin. Bitcoin will not be destroy because many more people are getting interested to the bitcoin and many people are now adapting bitcoin. |
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