I first learned this from a friend. But eventually, I learned more about it from videos online. There are a lot of materials available online to start with and in the long run, I was able to build my own strategy on trading and investing in Bitcoin. One of the best courses I had that really helped me out in this market is about being able to read graphs with the applications of different studies. I was able to maximize more profits when I applied these studies. You can try the studies I use and search it online on how to read it which are Bol, MACD, RSI and Volumes.

There are other studies as well that you can apply in your trading and investing. No one can predict exactly the when will a market rise or crash but you can have these studies as indicators on what is a good entry point and build an exit strategy to take the profits.

One of the mistake I have done and personally discourage for newbies is to trade and invest with 0 knowledge. Trading, and even in investing to long term, requires proper research and application of studies to make the trade more beneficial and minimize the risk. There are a lot of learning materials to this which are available on the web. As a start, you can also try on getting insights from influential traders but we should also have our own strategy. Learn on how to determine optimal entry points and respect your exit strategies. And when it comes to experience, we should always learn from our trading mistakes and apply it on the next trades possible. Do not be discouraged on loss trades and accept and cut your losses. This is part of the game. You will continue to gain knowledge from your experiences and eventually be able to have the confidence to trade in a more efficient and effective way.

Personally, what I learned about this is that big personalities can have a big impact to the price changes. Not only that the Bitcoin spiked up its prices, but also the other alts specifically DOGE. With that, Bitcoin may not be controlled and affected by the government but it can be influenced greatly by these people. This is why it is important also to watch out for your trades and positions as we may see the rise of prices now, there is a potential crash also when people starts to pull out money and take profits. This is where we should also learn to apply different studies to determine if a price surge is just a hype or if it will be sustainable. We can not always relay to the hype trades as these trades may also crash in the most unexpected time as well.

For me, it is a question of how much I should've made in Bitcoin...

I was already interested in this way back in 2016. I was already hearing it before but a friend of mine in college explained it further and convinced me to start investing in it. I did some little research and I was still skeptical even when I had my first cash in to Bitcoin. With that, my investment from then grew and I even used it for trading. And the only problem I had with it now is that I did not invest more. My huge percentage profit should've made me more money if I invested more.

But that's how the trading life is I guess. You will never now when the price will spike and when it will crash. But with proper research and studies, you can manage the risk and be able to make more money with it.

First thing they will teach you in Economics class is the Supply and Demand. And this mainly affects the price of Bitcoin. What is amazing about it is that it is being 'controlled' by the consumers unlike the other currencies which is being controlled by the government. Yes it is volatile and a lot of other factors may affect the price. However, what's good about it is that it is universal and no country has the power to manipulate it's price.

I started trading Bitcoin when the pandemic started.

I actually started investing in Bitcoin way back in 2016. I was not actively trading and just going for a long term investment. But since the pandemic started and all these pandemic protocols got implemented, I spent my time more at my house in front of a computer. My hobby since pandemic was gaming and to be honest I really enjoyed staying at home compared to going outside. And so, my trading life to Bitcoin and altcoins finally came when one of my friends I became closer with in gaming this pandemic introduced me to Binance. It is a famous platform being used across the  world for trading. He taught me how to trade and showed me different ways on how to study graphs using different studies. He even let me go copy his trades at first until I was able to do it on my own.

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Yee I am also waiting for it for a long time. I usually do my signature campaign activities and other cryprocurrency and bitcoin activities in my mobile phone. This is because I am working full time and most of the time I am not in th office where my laptop is. Ever since I started this forum, most of the time were just in my browser in the mobile application. I used google chrome application and just accept the hassle of using mobile phone and just recently got the use of it. However, I still regularly check the google playstore in case they made a bitcoin talk forum application. I really do not know who to suggest this but I am sure many would be willing to invest in this kind of project.

It is already. Bitcoin has now reached it's point where a lot of people are now familiar with it. Unlike the time when I started, many does not even have an idea that bitcoins or cryptocurrency exists. That was just months back actually. And now, everyone knows what it is and evryone has their own opinion about it. Some are saying it's a trap, a bubble that will burst. And some are saying it will continue to go up for several more years to come.

But the point is, it is already the big thing. With the help of social media most especially facebook, the Bitcoin popularity dramatically increased together also with the demand and value. Also, the news on television also helped as Bitcoin now is being talked about and even a hot topic lately.

This has always been a topic in the legal section. But I understans why as tax is kinda complicated when it comes to Bitcoin or cryptocurrency earnings from different activities.

Anyway, here in the Philippines investments are filed under income tax that is filed and settled once in a year. It is the same with the tax of business owners, real estate agents, investors and traders of stocks and the freelance professionals who practices theie profession.

Although the income of all these people are taxable to income tax, including Bitcoin earners, a lot are not filing or some are just making up numbers for the sake of just filing. This is because it is kinda on honesty basis. And with Bitcoin being transacted anonymously, it is more hard for the government to know who should be filing. And so, a lot do not bother filing.

Simple. Bitcoin sellers are the competition of PayPal in the electronic payment industry. Actually PayPal does not like the concept of the Bitcoin as it is now being uaed worldwide for electronic payment. Unlike before, PayPal dominates the whole electric payment industry in the international setting.

But in local setting, for example here in the Philippines, the competition for electronic payment is a lot bigger. There are companies like gcash, who was actually recently established and 45% owned by Jack Ma, that deals electronic payments in the goods and services purchased.

Although thses electronic payment service companies competes with Bitcoin, Bitcoin has a lot more to offer as it has it's own currency. Bitcoin is the boss of it's own.

First of all, this is because Bitcoin is an unregulated currency. Fiat currencies of different countries are all regulated and controlled by a central bank or by the government. And they regulate it to balance ecojomy. The money supply is actually the one they are controlling and they are trying to keep an optimum level of money supply to keep a good economy with good money circulation. And with this regulatory body absent in Bitcoin, it becomes very volatile as demand goes wild. And that's the second reason. The demand.

Bitcoin price is directly affected by demand. Simple economics. But as we all know, the bitcoin news lately is a lot which affects the demand every now and then and therefore affects the price.

Hello! First of all I want to warn you that trading Bitcoins is the highest risk when it comes to all Bitcoin or cryptocurrency activities. This is because Bitcoin prices is very very volatile. It changes every second and no government or central bank regulates it. So you will never know when a crash of price will happen  or if there is a bubble that will burst.

However, you can try to minimize the risk by doing proper analysis. You can use both technical and fundamental analysis and combine it to come up with a good decision of when to buy and when to sell.

Welcome to Bitcoin! Actually here in the Philippines, the widely used address provider is coins.ph. And you can also actually buy and sell Bitcoins here. I also admire this because it is very user friendly and offers other services and many means of cashing in or out. Other services also includes paying the bills. It also has it's own application in smartphones to use it easily.

However, there are also disadvantages and limitations. One of which is that it can only be used in the Philippines. And another one is that it only accepts and sells Bitcoin and Philippine peso and no other cryptocurrency or fiat currency.

I like the way on how you described Paypal and Bitcoin from each other. One misconception of everyone is that Paypal is the same with Bitcoin. Now it is not. Paypal is just a means of payment with fiat money that is just transferred digitally. But Bitcoin is a lot more different. Because Bitcoin itself is actually the currency, a cryptocurrency that has it's own rate against the fiat currency and is very volatile. It's transaction is also far different because it is transacted anonymously. Unlike Paypal which you can determine who transferred money for the purpose of exchange of product or service.

Of course. This is just as the same as stealing because hacking the BTC wallet means that they will transfer your Bitcoins to their accounts. However, this can not really be addressed well as a legal case because hackers are really hard to identify and you have no strong evidence to convict someone with it. Hackers in today's time are now really active especially to hacking Bitcoin and cryptocurrency wallets because it was advertised that Bitcoin is now really high in terms of value. The best way to avoid being hacked is just to not trust anyone our accounts and always change the password with a strong one every now and then.

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No problem sir hope to work with you again soon.

I would say it gets hard every year. This is because the industry of mining cryptocurrencies grew and big companies ventured into it making the competition level very strong. If you will be just an individual miner, you will notice that you will have hard time competing with the big companies. To be more profitable, I would suggest you get a cheap source of power or electricity. Look for areas that has cheap electricity rate or try on making a manual electricity provider like wind or water mills.