Long-term investments are much less risky than day trading because during the day trading the market will test you through many traps that large players place on the market
and you will have to make difficult decisions related to opening and closing both long and position.

The most difficult decisions will be associated with short positions.
You can try day trading in a safer manner trading only through Long positions. However, without proper experience, I would have abstained in your place.

hello everyone



my Questions

Is there no other ways BTT can track and trace such people posting such project the in the forum?
Is there no way we can run free and fair project in the system without us being scammed or tricked?

If the portfolio was the only basis then anyone can be a professional trader either editing or borrowing some photos. If you really want to be qualified a professional trader, its not only the portfolio, you must show something else like skills and how do you chart. I don't know etoro but it is currently circulating around some website and youtube ads.  What's the benefit of joining etoro as a professional trader?

Looks like Bakkt has come a huge way since only trading 7 BTC worth of futures in the first day.

Nowadays the estimation bot predicts that Bakkt will sell at least 200 BTC worth of contracts in a day, while some estimates are over 1,000 BTC in a day.

Looks like physically delivered bitcoin isn't such a failure after all.

The condition of the African continent is really pitiful. More than just Bitcoin or even blockchain, the Africans should try to revisit their very basic personal values and cultures. I don't think Bitcoin or blockchain can address the most pressing issues of the land. There is widespread poverty, corruption, wars, illiteracy, lack of basic needs, warlordism, and many more social, political, and economic problems. Africa is blessed in terms of natural resources but look at how they fare in their daily lives. They should learn to unite and move forward as one blood. Right now, the foreign companies and governments are exploiting their resources indiscriminately without even improving the lives of those people around.

It is no need to wait for the first two years for traders who will give up with trading, but they will stop trading in the first month if they cannot make any profit. Trading will be difficult for people who don't want to learn some basics of trading, but they will have a chance to get the profit for the first time they trade. Day trading will be more difficult because you need to search the potential coin to buy and sell, and the coin should have a good movement at the market. So why did 95 of traders fails is because they cannot learn more about trading, they follow other people suggestion without analyzing by themselves, they cannot manage how much money they should use for trading.

Everything should be registered. And not only registered, it should also be accredited by whatever agency that supervises your country's education system. If it is not, it will be useless for your future students to enroll there. By the time they need certification or authentication or whatever kind of proof or document to show that they really have studied and finished in this university online or offline, they will get nothing. In fact, they would be told that the school they are enrolled on is non-existent. But this will also depend on your country's laws.

A government controlled "digital" currency is centralized and not even close to a open, decentralized technology like Bitcoin. One of the main concerns with a "digital" currency in China is the fact that China would ban all other Crypto currencies to force their own citizens to use their own centralized currency.

It is clear that China only created this "Digital" currency, because they want to track their citizens wealth and spending habits. So this is just another "Firewall" type experiment to control their own citizens. 

You can choose the apps you want by reading this article:


I used Polotrex, Trextracker, ZTrader before I knew TabTrader. After I tried TabTrader, I feel that the apps are accessible to use, and I can trade everywhere while I am not using my computer. You can get the API from each app, and you can also disable the withdraw function, so you don't have to worry about stealing your money.

You can find more apps that can be used for your iPhone, but make sure that you only install the trust apps, so you don't have to afraid of the malicious malware, virus, or trojan.

I just got curious when I read the title because of the term Trading Options.
I googled it right away the meaning of Trading Options.
As I understand it is a contract, like trading some contract but you really don't own them. Just like what done in some ETF.
And some leverage trading just like Bitmex since they have perpetual contracts on Bitcoin.

My advice to you is much better to take trading options seriously because for sure the risk is higher there since for me, if you do that kind of trading you will end up using some leveraged exchange which you can leverage your position and prone to liquidations of contracts you bought/sold bases on your position.

It's been a while since I had a reasonable discussion in Economics section. Hence, I decided to create my own thread. In this thread, I am using the Keynesian Theory of Demand for Money to highlight the similarities as well as differences between the demand for Money and demand for Bitcoin. This thread will be little longer as I am going in full-depths but this is not copy/paste material so don't ignore it on that grounds. This is my personal analysis and every bit of it is my original work except obviously the contents from Keynesian Theory:

According to Keynesian theory of demand for money, also known as Liquidity Preference Theory, people prefer holding money for three motives:

1. Transactions Motive

The transaction motive for holding cash relates to the need for cash for current transactions for personal and business exchange. Such need arises because there is lack of synchronization between receipts and expenditure. You may receive money at different point but spend it at different point. The transaction demand for money is directly related to the level of income. Higher the income, higher the transaction demand for money. The equation could be written as:



where L_r is the transaction demand for money, k is ratio of income kept as money for transactions purpose and Y is total income.

Now coming to Bitcoin. Since we are talking about transaction motive, it is very short-term utility of money so we have to assume return on Bitcoin as constant. But the difference between buying price and selling price surely effects the transaction motive for holding Bitcoins. For example, I receive my income in Bitcoin on 1st of every month and I visit my grocery store on 10th of every month. But the price on 1st was $8K which drops to $6K on 10th, I may postpone my expenditure for few days expecting bitcoin to rise again. Thus difference in buy-sell price has manipulative effect on transaction motive of Bitcoin. Hence, I reached to following equation for demand for Bitcoin for transaction motive:



where L_r, k and Y are same as above equation and S is the btc price when bitcoin was used for expenditure whereas B is price when bitcoin was received as income. According to my analysis, higher the value of X, longer the person will hold bitcoin.


2. The Precautionary Motive

Many unforeseen and unpredictable contingencies involving money payments occur in our day to day life. Thus people keep a portion of their income to meet such unanticipated expenditures. The portion of money kept by individual depends upon various factor such as income, political and economical conditions, personal characteristics of individual, etc. Keynes wasn't much clear on the factors, hence didn't give any equation.
Now coming to Bitcoin. In precautionary demand for money, income was the biggest determinant but in case of Bitcoin, personal characteristics and market condition are the more prominent ones. Since Bitcoin is High-Risk, High-Yielding investment, conservative person is less keen to hold bitcoins for precautionary motive than the radical one. Also, person will be more inclined to hold Bitcoins for precautionary motive if the market condition is favorable and bitcoin is in green zone for long.

3. Speculative Demand for Money

To analyse the Speculative demand for money, Keynes has taken two factors into consideration:

• Interest rate on market securities
• The expected rate of capital gain

According to Keynes, people have notion regarding the interest rate of securities which they consider to be normal. Such interest rate is known as critical interest rate. When the current interest rate is more than the critical interest rate, people convert all their money into securities because:

• 1. They can earn more due to high rate of interest.
• 2. Interest rate and the market value of security have an inverse relationship. So when the current rate of interest fall below critical rate, people will make capital gain as the market value of security will rise as compared to the price at which they bought the security.

On the contrary, if the current rate of interest is lower than the critical rate, people will convert all their securities into cash.
Now coming to Bitcoin. Bitcoin does not follow the principle of speculation demand as laid down by Keynes because its characteristics are very much similar to the securities considered by Keynes for this analysis. Hence speculation demand for bitcoin has different approach. Its speculation demand depends upon the relative rate of return. If the anticipated return on Bitcoin is higher than other securities, people will hold Bitcoins for speculation motive and vice-versa.

Any suggestions, questions, different approaches, views, doubts are welcome.

Well, you can't expect banks to pay you more as you practically hold no risk when putting your money into savings account. That's the bank role - to keep your money safe and maybe give you a little bit of interest, but most of the times that interest cannot even cover the inflation so it appears the following matter: is it riskier to save your money or to invest it?

There are other traditional investment instruments available of course like government bonds that give out a little bit more APR then the classic bank savings account, but still it is nothing compared to the gains you get from Bitcoin. Also take into account that your risk is greater by some serious degrees when investing in a cryptocurrency. After all, it resumes to a risk/reward ratio.

IGNORE YOUR FRIEND. SUNCOIN IS ALREADY A DEADCOIN.

Here's what to do:
1) Study the risks of putting money on crypto - that will involve "what is crypto", "what is bitcoin", "different types of crypto wallets", "keeping safe your crypto", etc.
2) Try to understand the meaning of "volatility"
3) Plan on your next move. Are you ready now to purchase your first ever crypto? - BTCITCOIN
4) Choosing a platform to buy your bitcoin (depends on your location)
5) Then the rest, just ask a question.

That will take time but it's worth to put a study.

The real reason why bitcoin price shot up today may have nothing to do with China's president announcement that they may reserve the blockchain and crypto exchange ban. Read this article about the real reason and let me know what you think.

https://www.cryptozink.io/real-reason-why-bitcoin-price-shot-up-today-china-crypto-news/

I think after economy  boom and the end of huge debt wich will be never repayed there will be Economy slow down and fiat currency Will have huge value!!
During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.

So in my opinion Bitcoin Can Go up like 100k to 500k.  Even 1 milj.... But at the end it will crash. 
And after crash the fiat currency Will have biggest purache power.  Crypto Will be zero. 


The point is that  debt and quantive easing will Give at the End More value to fiat currency!

So those who talking about fiat currency devaluatiion or so You are all wrong.

I am a dreamer and one of my dreams is to see bitcoin being mainstreamed into our society but it is very hard because of government intervention and other aspects. But we are not alone in our fight towards the adoption of bitcoin to all countries and I do salute some of the politicians who share our thought about the advantage of using bitcoin to our society.  According to an article on coinbase.com here are 7 politicians who were in support to bitcoin and blockchain:

1. Jared Polis
2. Dan Elder
3. George Galloway
4. Andrew Hemingway
5. Gulnar Hasnain
6. Rand Paul
7. Rick Perry

Hi,

I trade second year, but I can´t increase my trading success. I learn to trade by myself from e-book, videos,... I am looking for some coach. I don´t need to hear when buy/sell, I need someone willing to push me little forward. If I would want to open position I would send (you) my analysis and you would say: "Yes, it is good position to trade, because ....or no, don´t do that, because....." and try to help me improve my analysis and trading skills. If there is some great trader who would be willing to devote a little time to me, please contact me on my email jakub.pudis@gmail.com.

Thanks for all replies.

I found in privacy policy of one particular exchange that it transfers data about me to credit organizations. Actually the same is true for banks.
In what cases do they do this thing? If I make big enough trade volume at exchange, say $50,000 for year, is this information transferred as well? I suppose it happens only if you do margin trading or something... don't know much about it, except that you take loans from brokers...

Yeah I realize $50k is not big for you