That's called gambling, you should always make a research before investing in any project. How to make it is a decisions of yours, i'm pretty sure no one gives away his money just like this...
Investing means that you are aware and you know what is going on within the project, if you do not know what you are doing then it is gambling and it has more risks. We should know the information of the investment that we are doing. We can easily identify if that investment is worth taking or it is part of the garbage investment vehicle. We cannot have a high success rate if know what we are doing. |
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Ang pinaka purpose kasi ng bitcoin mixer ay maitago o maging anonymous yung transaction natin. Kala kasi ng iba na kapag gagamit ng bitcoin ay anonymous kung saan hinde na tratrack pero mali po yun mga kababayan. Na tratrace at na tratrack pa din ang mga transaction sa blockchain. Ang ginagawa ng bitcoin mixer ay nililito neto and blockchain technology kaya naman impossibleng ma track at ma trace ang iyong transaction gamit neto.
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To me, betting on live sports events is entertainment. I think all of them are the best of all. I don't think it's even hard for you if you're a sports fan. Learning is easy and you're simply putting your money on the team or player you're supporting. Another thing is that there are many areas where the information is available to that team so you can evaluate games that make the chance to win strong.
I do not like dice games but I like betting in sports and esports events. My favorite gambling games is betting in esports game like in Dota 2. I experience to earned huge amount of money on The international 2019 (TI) when I bet in team TNC. Betting in sports and esports event requires fundamental knowledge where we should know the information of all members of the team. |
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Bitcoin closing price on Thanksgiving:
2020 Dec 30 - Huh
2019 Dec 30 - $7227
2018 Dec 30 - $4,365
2017 Dec 18 - $19,140
2016 Dec 30 - $973
2015 Dec 30 - $431
Honestly I think Bitcoin 2020 will make progress , not only in price progress but also technical development will be happened. And we, most of the crypt lover don't focus upon that point.
What do you think this year 2020 will be? Comment below.
2020 will be same as 2019. Do not expect anything incredible happening this year. Before halving there will be a small Bull run and after that you will see a price correction. The price of Bitcoin will be holding between the the range of 8k to 9k by the end of this year. I don't think so, we have a saying that history repeat itself and I believe that. 2019 is different from this year, we have halving this year while we don't have last year. It's wrong we expect a new ATH last year even without halving. If ATH will be set at 2021, by December, we should be at bull run already and ranging $10k to $15k. Just think of what happen this month. Who thought that we're going to have an increase this early, most are expecting to be the same this 1st quarter but look we are hanging at $8k. Bullish trend will only come if there will be alignment in 3 MA's and it is the 30, 60 and 200 moving average. There is now a good pattern in the chart of btc because the alignment is now start forming. The good news is the price of the bitcoin is holding at $8000 where there is a support. There are buyers who are pushing the price of the bitcoin in that area, as long as the price consolidate then there will be a successful breakout that will happen. I cannot yet forecast what will be the price of the bitcoinnat the end of the year because of the insufficient data. |
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1. Greed 2. Fear 3. Overconfidence These three factors mentioned in OP link are enough to destroy any trader portfolio in not only forex but in any trading market. Never Greed for more, just sell whenever you are getting your target profit else you will only lose. These 3 things will surely blown up your account in no time.This isnt applicable on forex same as you said but all types of markets that do involve buy and sell. You should really know on how to make yourself learn and realize your mistakes because these are stepping stones to success but if you dont know how to make these failure for you to learn then you wont never ever improved. Ineffective trading setups are the reason why there are people who failing in forex, there are also investors who did not identify the risks and that is the reason why they are becoming successful. Greed and Fear are also factors, we should be a discipline trader if we want to become a profitable trader. We should also have proper diversification to lessen the risks that we are handling. |
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If there is no price movement even the halving is successful, my plan is to still trade bitcoins even there will be no price after the halving. I'm a momentum and a day trader, I find opportunities everyday and that us why I keep gaining profit but not all of times I always winning in my every trade. There is still times that I lose but my losses is only small because of my good risk and management.
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Ako kasi ay isang trend follower eh, mag hohold lang ako ng bitcoins o few potential altcoins kapag ang market ay bullish market. At bakit sinasabi ko na mas maganda kung mag hohold lang tayo kapag ang trend ay bullish? Kasi kapag bullish market ito ay binubuo ng hihger lows (hl) at higher highs (hh). Ito ay magandang sign dahil kahit wala kang gawin ang price at ang value ng isang coin ay patuloy na tumataas kapag bullish market.
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in my opinion it takes a very long time for bitcoin to reach mass adoption. because now most people are comfortable using fiat money for everyday transactions. then also there are still many people who do not understand about bitcoin and also the value of bitcoin that has high fluctuations is not suitable for use as a means of payment. but I am optimistic that as more people know about bitcoin, bitcoin can be adopted in bulk. so we must always promote bitcoin to others so that the number of bitcoin users is increasing.
Yes that's right. It needs mass promotion before the adoption because the people can adopt this kind of currencies if they lacked of knowledge about it? It really needs more time and also no one can predict if the cryptocurrency will be allowed by the government all over the world because we all know that there are still countries that is not advance when it comes to technology. Right now the cryptocurrency market is in the very early days of getting large scale usage. As of now bitcoin adoption isn't that effective to get used as the fiat used all around. Very few countries have taken forward an initiative to develop their own cryptocurrency, same time equal number of countries stand against cryptocurrency usage. When this changes automatically a big change can be experienced in the global market. As long as the interest of the people into bitcoin is still the same, then there is no mass adoption that will occur. Raising awareness is a major problem because government and also other people who have knowledge about bitcoin are so selfish because they are not sharing the information and knowledge that they know. If we will only inform other people about bitcoin then the awareness will grow and the adoption that we are all talking about will happen. |
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In one year, most of Bitcoin's rally usually occurred within a few days. Therefore, the "Hold Bitcoin" strategy is still considered the best, according to Binance Research.
In fact, in one year, the pump for Bitcoin only happened in a few short days, and most of the rest was sideway. Therefore, it is easy for investors to miss the pump if they are not regularly watching the market.
According to the recently published data, since 2013, the annual growth performance of Bitcoin only occurred in about 10 days, which means that each year we will have 10 days that Bitcoin actually increases aka "pump". After this 10 days, Bitcoin will go sideway and the growth performance may decrease by 25%.
Therefore, the actual pump of Bitcoin is very short, it is only a blink of an eye compared to the rest (sideway or decline).
However, there are also many ideas that "not every Hold is the best". If a person held bitcoin before December 2017 until now, they would still lose more than 50%.
If you are an investor who does not have much time to observe the market, nor know the analysis of charts, then the Hold option is the best for you.
And for investors who like to "trade", certainly Hold is not their choice, because the short-term waves are the time when they make the best profit.
How about you? Are you holding Bitcoin
I still holding Bitcoin after 2017, half of my income from signature campaign is for the holding balance too. I hope Bitcoin will pump after halving day. same with me. i still hold my coins before halving till now, honestly i feel stupid decision with not sell my coins when halving and buy back when the price going to down. choose to hold for long time just delayed profit and can not take more profit. i hold my coins till now because i do not want to lose my fund and hope replace when halving coming I saw a lot of people who regretted their decision because they did not sell their bitcoin when the price is still at the peak. Their greediness is the problem that is why they did not take that kind of opportunity. We should learn from our past mistakes in order to avoid that kind situation again. I do not prefer holding anymore but I have bitcoins and I keep trading it. |
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actually i believe that Halving will Give us all positive outcome but i don't wanna exaggerate on matter because we have seen the power of the whales to make things different from our perspectives . Those who believe that coin halving will have some impact on bitcoin price are busy in buying bitcoin at current dip. I don't think history repeat itself again and again. If bitcoin goes above 10k$ there will be not many who will buy bitcoin, seeing the real world usage or adoption rate.
what?10k$?lol if the market continue to grow before or just after the halving for sure even if this value goes 12k$ people will surely Buy more.and we have seen the last Halving ,those who did not bought before september regret their decisions . One of the assumption of technical analysis is that history repeat itself so there is really a possibility that the price of the bitcoin can reach its previous price again. The halving can become a factor to the boost of the price of the bitcoin, there are now many investors that are waiting to the halving because they are aware to the features that bitcoin can acquire after that halving. |
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But sometimes more losses can motivate us to become a profitable trader. I do not afraid to have losses because it makes me a strong trader. My trading psychology is becoming more strong because of my losses. You have huge losses and it seems that you will not easily regain all of the losses but you should not quit and the reason why you lose that big is because you need to improve something in order to avoid that situation again in the near future.
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I personally don't feel the difference between paying with cryptocurrencies and fiat money. Because now there are many credit institutions offering a lot of incentives when using it to pay and sometimes we have a lot of promotions for electricity and water bills. even promotions from the simplest services like 4G packages and some money cards. Besides, the payment for crypto is very limited and the transition period is really slow because my country has not developed according to this technology. maybe that's why I don't have the best experience.
You should feel the difference from paying between the fiat currency and the cryptocurrency. If you are paying with fiat currency then you do not need to wait for the some confirmation from the blockchain because the seller receive the full payment while in terms of cryptocurrency, you need to wait and pay a little extra because of the fee that you needed to pay to execute your transfer request. Actually there are only few shops, store or etc. that are now accepting bitcoin as a mode of payment that's why he said that he doesn't feel the difference between fiat and cryptocurrency. For now it is much more convenient to use fiat as a means of payment because as what I've said only few establishments uses bitcoins as a mode of payment. When you use fiat you can instantly pay over the counter but when you use bitcoin you have to convert it into fiat before paying bills. So in short it is time consuming. There are only "few shops" and for me it is the problem. The awareness is the problem because many people are still do not care about bitcoin. As a bitcoin fan, I see it unique because it is more convenient in terms of mode of payment but the merchants and businesses think that fiat money is still the best way so that they still not adopting bitcoin. |
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Nobody can say about the future situation about the cryptocurrency and Bitcoin, but still, it looks profitable and potential for the future aspect, Already Bitcoin has been a popular coin around the world and Altcoin is being popular also day by day so people are taking this system for the long term holding, not only that but also many countries are trying to follow the footstep of Bitcoin and Cryptocurrency, So following my perception, Bitcoin and Altcoin both will be a good platform in the future and it will be a worthy if someone can hold for the long term purpose.
You are just hoping and that is pure speculation, holding bitcoin is not always good strategy; we should be aware that there is a right timing in holding bitcoin. As long as there is a demand towards to bitcoin, the price of the bitcoin will continue to grow. I do not use fundamental analysis so I do not care about news. I'm just relying on charts and my decisions are base on it. |
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For you it is boring but for me it is not. You are not gaining and that is why trading seems boring for you. Trading is for people who have high dedication and treating it as a serious task. Trading requires financial knowledge in order to win and make profit. It's been 6 months and you still see trading as a boring, trading is not for you and you should be careful because it seems that you do not have care about your portfolio.
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There are legit youtubers who teaching legit information about cryptocurrencies and blockchains but the problem is there are only few legit youtubers because most of the crypto youtubers are self proclaimed guru. I also learned most of my trading skills by watching youtube, the hardest part is finding a legit youtube who can really teach us legit information and skills.
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Lots and lots of crypto exchanges were available for the trading purpose. Earlier it was very difficult to get into trading, now things have changed and we are getting easy access for trading through user friendly applications and user-friendly trading process. All that need to do before getting into trading is analyse and understand which exchange to prefer for all the trading needs. From my personal view for beginners it is always good to go with small volume trading exchanges, once after getting handful of experience it is good to move to the top rated exchanges.
That is right, there are now a lot of exchanges and most of them are trusted and convenient to use. Most of the popular exchanges are have now application in mobile phones and we can download in order to trade. If we will pick an exchange, we should first identify the volume of an exchange. There are exchanges with fake volume so we should be careful on choosing. We need in depth analysis in thisnkind of situation for us to pick exchange that is convienient and suitable for us. |
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One thing about the gambling addiction that you would not have any consciousness about how you got addicted to it. Many of the players used to come just for fun but the ultimate gambling becomes their addiction. Like all other addiction, it is too much harmful too. When a gambler is gambling with lots of money he is risking his economical status and even of his family. His mind is so diversed by the gambling that his mood becomes very much arrogant.
Anyone that shows the sign of arrogance just because they start gambling is specifically arrogant by personality. It may be funny to say, but gambling can also bring out the true character of some people. Some people may be greedy, once they start gambling they display they greedy lifestyle in the game. Same goes with an arrogant person. Those arrogant gamblers are most likely prone to losses. They thought that they know all of the information and also the strategies. As a gambler, we should always be humble and not be a arrogant person. A gambler can become arrogant if they got what they desired where they thought that they understand everything. Being a arrogant in gambling can also lead in addiction so we should not become one of those arrogant gambler. |
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Enabling bitcoin API is not the big deal for any business people. But the fact and the main problem is there by the government only. If the government allows to use the Bitcoin mode of payment.
We may find the investors and normal people to use the BTC but this world politics and Government is the biggest problem as of now.
When something gets big opposition, through the opposition itself we can determine the potential of the specific thing. Here we are about to discuss on the usage of bitcoin into commerce. For instance, right now most of the transactions were in the form of bitcoin were done. Normal people and investors to use bitcoin same as currency takes more time. E commerce is becoming more popular all over the world, the customers are also increasing because it is very convenient to use. There are now many emerging e commerce allover the world but the problem is the payment system, there are only e commerce platform that are willing to accept bitcoin as payment. The bitcoin users are now increasing, e commerce platforms should now adopt cryptocurrencies to increase their sales and also awareness about bitcoin. |
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I think this is one of the weakness of bitcoin that the whales seems can manipulated the price depend on they want and no matter how struggle we are expecting bitcoin price high again but eventually the price of btc will determined on whales movements but i think this is the cause too why some countries didn't admit bitcoin as the currencies because very vulnerable to manipulation
We cannot deny that fact where the market is really manipulated. Whales are existing and thet have high amount of portfolio that can influence the price of bitcoin. The recent pump is cause by the whales, the manipulation is in everywhere and that is why we should always monitor the price action in order to avoid dump and also to see opportunities in the market. |
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Only market can give you the best lesson about how to fish, meaning you should trying and keep learning to find what fishing rod I should use?. Many strategy and psychology trading already exist, you only need to trying. Every trader must create their own strategy and experience will giving that. Learn from people, group or forum is good as basic and sharing method. Keep doing that and start use long term period to get understanding about market works and reach your realistic target.
Fishing is a strategy used in bearish market in order to get position in the lowest dip, bottom fish is effective if we will use rsi and also the study about the bullish divergence. We should also look for the breakout in order for us to know if there will a momentum that will happen. Practice makes perfect so we should just be familiar in the market for us to understand it very well. |
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