Well, can't say that's basic strategy, but it might be not so successful as you think. Like, let's imagine that, after selling your bitcoins at price "x", the price will go up, instead of down. So, that's why I think you should buy part by part till an "x" price, and not buy bitcoins on all your money at one time, that will give you mid result and with the negative situation will help you lose less.
We cannot judge someone on his or her strategy. Some strategies may not be good or work on us but some is sure to work for the others. The strategy he had given is quite applicable and practical. Though it is so simple. Well for us, we can do complicated strategies for higher and more productive trading and of course higher profit. Different strategy vary to different mindset also. We can always use the basic which is buy when the price is low and sell when the price is high. However, some are risk takers that it does not just depend on the price but they play the price and still earn good amount of money. Even if they buy high, they will make it to the point that they sell higher. It only requires good analysis though.
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things you should know in bitcoin is when it's good to buy and sell, you can buy bitcoin when the bitcoin price is low and you can sell it again when the price is high or you can hold it and wait for the price to rise again so you will get more profit because investment in bitcoin will be more profitable for the long term
For me the best time to buy is when you already have the knowledge and skills on how to invest in trading and you are already prepared for the risk. Because through knowledge and skill you can come up wise and sound decisions.
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Well, my best bounty campaignthat i assume will take to the moon are Modex and Daneel. This campaign are powered with smart contract which preparable in long term investment with the growing community in telegram and bounty threads.
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Forkdelta and etherdelta exchange site are the same company decentralized running by ethereum smart contract and until now its being used by few ethereum base trading but the one that is recommneded is fordelta as newest update site.
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No for instance take a look at the Internet, it is all over the world but not everybody know how to use the internet, same with bitcoin. it is a sensitive currency that involve smart and intelligent people to use, and not everybody are educated. even if it will become the world digital currency ,it will take time.
Bitcoin is slowly making abuzz worldwide in fact some countries are widely using it in terms of online payments. However, it is hard for it to govern the whole world since not all people are familiar with it and not all has access to internet nor transact online. It will need proper guidance and good education for it to govern the whole but that is not impossible. It will only take time.
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Yes absolutely, we are all happy in this few weeks update by the bitcoin having increasing for almost 80% market value. This is the time we celebrate in a small earnings and make as a lesson from the past crash and losing capital investment. Hoping this will continue rising even in gradual percentage but surely can earned every now and then.
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Well, definitely bitcoin is one of my best priority in cryptocurrency investment. But if situations will change i must prefer to altcoins which are suitable also in bigger earnings like Ethereum coin which is the second choice of every people in the alternate cryptocurrency today for investing.
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As far as i know there is no news coming from the Senate and to the President of the Philippines omitted for banning bitcoin in the Philippines as a reaction resulting from over 900 millions filipino people being scammed from a the person allegedly bitcoin scammers.
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I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.
Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.
In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.
What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
Most of coins will be worth as they are now or less or nothing. Very few coins will go mainstream and be used and will gain in value. I agree on that few coins will go mainstream this because a lot of coins developing in a blockchain which are supported by different well known investors could be existed in the market with that, still there is also competing between each coins which we will able to wait coin in long term investment strategy.
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Bitcoin really is a good help to those who opt not to study college because of poverty. This allows equal opportunity to everyone from different walks of life to earn money as long as you are willing to invest time and effort to it. signature campaign doest not require capital money in order to earn. You just have to study how it works and follow instruction and terms and conditions then you're good to go.
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As we Know Today bitcoin Is Worth Of USD $9108 is to late for me to buying it ? It is too late to invest on this BTC BTC? any good reason why i should buy bitcoin now? or just watching? thanks!
There is no such thing as too late in things that you really wanted to pursue because nothing should stop you even the price of the bitcoins as long as the bitcoins exist and they are still on top so they are still gonna gave you a decent amount of profits. And the fact that they are volatile that is a great thing because you have a chance to buy them if they are falling and have an investment in them just hold it for a while and sell when the price rise again which they will Bitcoin's volatility gives you opportunity to earn money regardless of its current value as long as you will sell it when the price will go higher than the price bought. It will never be too late because bitcoin will last longer and its price will go higher in the coming months.
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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 This is really a highly constructive article and it will help newbie to understand more about Crypto market. Most newcomers to the trade often ask about standards to become a professional investor. This is the most complete post for new people. I really appreciate this article and hopefully you will get merit from this article. Losing money is always a heartache and a headache that you have to overcome over times since it will be your shadow wherever you go. However, in any business, we should have a positive mindset and a strong willpower to move on and sharp memory to evaluate in what where and how you had fail. Consider you failure a lesson and bridge to do better next time.
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We will never know but it would be great if it becomes bullish at the end of the month, The best strategy is to manage the risk and cost average it out as we never know where is the bottom and sometimes it will all happen in just hours for it to pump hard. So in order to make sure to buy the dip just partially buy until you are satisfied in the number of units you are holding. Just be patient and if everything goes good in no time you will have serious gains. 😊
We really can't predict nor confirm the stability of the bitcoin value but we look forward to a up high climb of bitcoin price in the coming months may it be the same last year or much better. However, looking at the current value, we cannot say that is bad enough since we cannot earn this big amount of money by merely being employed in any private institutions.
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ICO is too risky for investing because you have no hand on whats going on to your money. You are just believing in the team behind wishing to not run with your invesment unlike trading gain or loss its your move what will be happen. So need some skill with that.at the end I suggest you to learn trade fo safety of your money
I think they are both risky procedure in bounty campaign for our topic sender my friend he is only a Jr. member for you to consider in trading. And as i have notice they are collecting more knowledge and advices which helps them more extra careful in deciding on what to do. But the best for sure keep learning as you jump into a big earnings.
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I don't think it is from thin air since it already exist for almost a decade now. Moreover, its value was then very small and now very expensive compared to fiat because many investors believe in it and until now cryptocurrency is widely known even to third world countries. It is not scam though there are peole who took advantage to its decentralization and they are the scammers and not bitcoin itself.
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Here in my country fiat money is good with digital wallet so i think our country are so different base in your post actually all has worth so i don't believe in fiat money that failed because if the things exist of course it has worth like bitcoin it run because users,traders and investors use this an investing tools so that's why it continue to grow
I think fiat money value differ in every state since economic stability and government protocol differs as well including cultural values which is also another factor that affects economy. In my country fiat money does not always fails but like cryptocurrency it does increases and sometimes decreases too. However, the flactuation rate is not as high as bitcoin.
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if you have a chance to do it, be sure to do it because this amount is very large and increase it several times it would be very profitable
Looking at situations that is risky, how can it be sure investing more than 10k worth of capital will get you better earnings in short time if the market are slowly increase more than a months.
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Yes, this a good time to buy bitcoin as the price movement in market are gradually increasing as you take a look in this link https://coinmarketcap.com. Otherside Investors do invest most likely refer on the graph which signify the momentum that easily plays with short term investment.
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OMG! btc prices continue to decline, most likely the price of other coins also decreased. we need improvement in the face of this situation. in my opinion 2018 really a lot of surprises.
I agree. One of such surprises we can observe today, bitcoin is almost worth $ 9000. I think that up to 15,000$ we have very little left. Yeah, finally bitcoin will increases from 2weeks of steady in $8,000 plus, hopefully this will continue pumping by the whole month April and May as a surprise for everybody who is aiming for bitcoin to rise.
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