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321  Economy / Trading Discussion / Re: Day trade on: August 15, 2018, 07:23:22 PM
Which exchange do you use for this type of trade?

Binance. I don't usually travel that much in different exchange but the security and the convenience that Binance offers is quite applicable for me now. Sometimes I day trade even as a side trader due to my free time, but I wouldn't suggest too much that strategy in my opinion. I rather keep my coins in a long time than get it emptied within just a few days.
322  Economy / Economics / Re: Government regulation on cryptocurrency, GOOD or BAD? on: August 15, 2018, 07:21:26 PM
KYC isn't that really that applicable, maybe just because the government can't trust cryptocurrency too much because of its semi-anonymous transaction that can just be tracked through blockchain. There are certain regulations that are quite applicable like taxes, although some traders really hate this yet since it is a negative to their net income. There are also regulations in mining like in Russia where banks allows the miners to cash out their mining profit out of them. I don't know if it has taxes or not, but the recognition and a regulation is to be seen in there.
323  Economy / Trading Discussion / Re: When to get in and get out in Bear/Bull Markets on: August 15, 2018, 07:18:23 PM
I don't really recommend that much of a YT vids for you since I mostly experience people spreading FUDs out there and I hope it doesn't lead into a pit of FUDs soon just because those people are really outside cryptos. There are variety of books out there that you can read. Can't specify one since most of I had read were all in my native language and I still would recommend those books that are using English as medium of language though. My advice for you is get rid of all emotion everytime you open your trading site. Trust me, it is gonna be hard to control your emotion when you trade in a reddish market.
324  Economy / Trading Discussion / Re: Bottom of BTC descending channel is 3000$? on: August 15, 2018, 07:15:03 PM
I doubt that this pattern will happen. Although in TA, I most likely look into the pattern so I can speculate what could it be in the next days in succession but 6k is like the solid floor now of Bitcoin this year. It should have dipped to 3k already before since Bitcoin was playing around that price before, but it didn't. The bulls are kinda in resistance for these that's why it is staying flat in 6k most of the time. If there will be case that this will be the price next, then I'll hoard on it.
325  Economy / Trading Discussion / Re: What do you think, will BTC again jump in December? on: August 15, 2018, 05:41:04 PM
I believe btc will rise again, even before december . These days are the days where a lot is panicking and cashing out their coins which results to a low market price. Bitcoin will still rise up , just hold and see.

Really? How? What are your grounds for these kinds of speculation? It is now just a blurry dream for the BTC to be back from where it left back in December. Not like unless, there has been massive whales entering the market again. The full manipulation of the market is believed to be upon them but for me, they have slight to moderate manipulation in the market and the rest is from the property of BTC itself of being just simply unstable nonetheless.
326  Economy / Trading Discussion / Re: Should I stop trading in this bear market? on: August 15, 2018, 05:31:04 PM
What does bear market mean to you? Full of losses? Full of panics? Well to frankly tell you, it isn't both of the two. It is the day to grab these opportunities to hold more coins rather than the day to sell a lot of coins. Keep buying, just saying. Its instability proves a lot of advantages for traders but some are having the misconception of it being too much of a disadvantage. Either they aren't that much of an active trader or they simply don't understand the market's behavior yet.
327  Economy / Economics / Re: Will Bitcoin become a long-term trusted store of value? on: August 15, 2018, 03:43:58 PM

I dont believe cryptocurrency market is manipulation. Bitcoin as store of value is more powerfull than gold. Bitcoin price Growth in 2017 is more than x10 and no investment even gold can give gain like bitcoin. Volatility is always happen in any market and its very normal.
I am agree that bitcoin will retain our asset value better than any investment because bitcoin supply is very limited

Of course it isn't although some people believe that the whales manipulate the market but it isn't. There could be some manipulation coming externally from usual factors like bans and regulations. Bitcoin's value is still undefined as it is. Now I am starting to come up with these thoughts that some people were having the thoughts of value of Bitcoin to be the price of it back in December 2017 since it was the highlight price of it that we're yet to regain. I try not to believe in those thoughts however.
328  Economy / Economics / Re: WHEN WILL PEOPLE LEARN? on: August 15, 2018, 03:32:17 PM
So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy? 
Profit whispers. Bounty hunters listen. It is just a matter of taking opportunity, not really patronizing since bounty hunters would just do what they had been told to do. They have less time to look into its credentials and any information that will give them hints that they're in the right or the wrong project to invest their identities and time.

As for the project giving airdrops, they expect people to get into their bounty promotion after promising a certain amount throughout the airdrop since it triggers those airdrop hunters to get more of it and join their bounties to earn more tokens, but in the end they knew it wasn't worth their while since those tokens invested by the owners or the team itself could have been their initial funds to build their project instead. It is like a 50/50 decision for the team though.

Don't blame the people, instead blame those bounty hunters that don't learn to make an observation on the project before investing their time, energy, electricity and if they're part-time investor, their money also in a certain ICO.
329  Economy / Economics / Re: Investment in Bitcoin vs Investment in Education? on: August 15, 2018, 03:24:45 PM

He might not have enough funds to either of the two if he parted it. It should be on education first. Your frequent allowance could be your tunnel to invest in Bitcoin, but of course he should consider his needs first.

@OP, go invest in your education as what majority or almost all had stated in here since it will obviously lead you to a good outcome after you finished your studies. Employment would be your next ladder to climb, since it is gonna be obviously competitive especially if your degree is in demand these days. While you're looking for a company to work at in the future, you can invest your savings in here. Do some side-trading so it can help you in your side needs.

Although there were words that you could be the rich ones in Bitcoin with just simply trading, it still depends on a unstable probability that you might or might not be at a greater state in here. In short, you can't depend your financial sustenance in crypto.
330  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the mission of crypto? on: August 15, 2018, 02:59:47 PM
I hope that this thread filters out those people who were just primarily looking for profit as it isn't really a means of earning primarily. It aims to have the transfer of funds throughout the blockchain. Simply sit in your PC, sending funds throughout a certain group like when you're in a company. Its instability prove that it will be yet hard to be recognized to be simply a currency since majority will realize crypto into fiat cash due to its value. Everyone, and even me, takes that advantage for profits. It aims to be digital money, again and again. I hope people outside crypto will realize that first before they attempt to enter the blockchain city though.
331  Economy / Trading Discussion / Re: How Do You Secure Your profits? on: August 15, 2018, 02:52:13 PM
Usually I do these, I hope it helps you though.

- Firstly, I ask myself
    * Do I really need that amount? As a side-trader, I usually use my profits only for such emergency expenses that I really need to satisfy.
    * How does the market behave lately? The market doesn't adjust for you, you should be the one to adjust during any of the two trends.

- If all these questions upon myself is true, then I usually mark up the targeted amount that I want to get.

- If market doesn't imply a long bull-run, I usually sell my coins immediately after reaching my marked goal, or else I usually let it climb to at least 15% more.

- To enhance the chances of me breaching that 15% of desired profit even more, I buy a lot of coins before I wait for the bull to run.
332  Economy / Trading Discussion / Re: I face barriers trying to turn bitcoin profits into pounds on: August 15, 2018, 02:41:31 PM
So generally, you are trying to imply that you're struggling cashing out your profits from trading in crypto into making it into your fiat cash, right? You might struggle a bit more, but there should be a way around that like you can sell your coins through physical deals. Or, if you have someone that is in other country where Bitcoin is not that much of an issue in their country then you could send it to them in their wallets and they will cash it out in there and send it into you through remittance center. The catch in here is that fees would beat both of you if such taxes is too much in both of your countries though, but you'll be able to get your money though.
333  Economy / Trading Discussion / Re: Newbie trader on: August 15, 2018, 12:44:37 PM
Bitcoin trading is not so easy especially for newbie.I think before trading you should gain knowledge about bitcoin market.First time when you want to trade you should invest smoll amount.When you will become expart trader then invest fully.I think you be success.

Even experience trader able loss too because crypto trading totally unpredictable.
We can hire a broker to trade with you but I still difficult to find the great one.

As long as you can overcome the fear of trading, I'm sure the profit will come upon you !

Takes quite a while to get a broker although I wouldn't bother finding one anymore since I trade in my sidelines and I sell when I think(not feel) that it is gonna be applicable (not just simply profitable) at that particular time. It is true that experienced traders could still manage to get losses. It's all a life journey of a traders and even such businesses, but an experienced trader should now be able to manage the risks somehow. We all know that risks can go in two ways, either loss or gains. Experienced one should be able to steer the wheel in gains as much as  possible, not when it is only possible to gain profit.
334  Economy / Trading Discussion / Re: Can you make money when the market drops? on: August 15, 2018, 12:35:02 PM

The important thing in a bearish market is the trend reversal, so remember that in the bearish market and as close to the important support points you should put extremely short SL. For this reason, you can lose 8 out of 10 orders, but just succeed 2 orders, you will get back all, even profitable.

While I can't call it a direct profit, I am buying more coins during these trend reversals. Until I see the price showing significant gains, it isn't my term or point of view for the reversal. I don't see why it is so hard to buy coins in these bearish market while some consider panic selling instead especially if they're holding on a resistant coin throughout the day.
335  Economy / Trading Discussion / Re: Buy low sell high? on: August 15, 2018, 12:13:59 PM
So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.

If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?

Any help is appreciated!

Coinbase isn't directly an exchange but also a wallet that can hold few popular coins in the market. Expect the usual (BTC, ETH), as a newbie mistake I thought it can also hold ERC-20 Tokens though but yeah careful with that. Go for Binance, Bittrex, Poloniex when you're looking for exchange. Don't use it for your primary wallet though, as you're gonna be screwed when things go wrong.
336  Economy / Trading Discussion / Re: Bitcoin Holds Above $6k on: August 14, 2018, 05:32:37 PM
Just another break for the bulls, I guess. Last time I thought that the bulls had just pressed the pause button for a while then beginning an initiation of kamikaze after that pause. Time to hoard again I guess. Maybe there was a post-panic sells after it reached 7k for a while, like I am pretty sure that many could have been waiting the price to show major or even at least a significant increases. I wouldn't be so disappointed that I didn't sell that much that day, I don't want to reach my portfolio to ground zero after that sell.
337  Alternate cryptocurrencies / Altcoin Discussion / Re: God save Crypto on: August 14, 2018, 04:58:13 PM
I can't believe people were panicking this bad now in crypto. Well I guess some people can't handle their emotion now in trading so bad to earn all they can to avoid missing out from their profits. Go to Bitcoin Obituaries and check how much BTC was speculated to die anytime soon. Calm down, people. We're getting too much handled by our emotion instead we handle it. Stop the exaggerations.
338  Alternate cryptocurrencies / Altcoin Discussion / Re: Is product a key factor for a project? on: August 14, 2018, 04:31:42 PM
Of course product is a key factor. Although it is said sometimes that the vision of its producer matters the most. Vision like those are of what we heard mostly at TV commercials with their own catchphrase. Before that also, consider the marketing strategy as a sub-key factor for a certain project. You might want that fancy product of yours to be known in the market.
There are also cases sometimes that product is really a mile away from how does it look, taste, or generally perceived from the advertisement. Make sure your product is quite precise from how you advertise your proposed project.
339  Alternate cryptocurrencies / Altcoin Discussion / Re: best investment strategies on: August 14, 2018, 04:23:58 PM
my strategy in investment is actually very simple. I will only be investing in a project that is indeed his softcap already achieved. And I usually only part of a capital investment that I have only. The rest I use for other things that can also produce.

Although that is quite a strategy to jump-in consider also how can you maximize your returns from your investment. Like there are particular number of phases in ICOs in their marketing strategy, some offer more discounts during the ICO and you could take that opportunity to buy few tokens or coins rather than waiting it to reach its soft/hardcap and invest in the second or n-phase of the ICO. I can see that you're strategy is sort of a play-safe investment.
340  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH, road down to $50? on: August 14, 2018, 04:20:03 PM
Before asking the true value of every single coins in the market, how can it be defined in the first place? Demand and supply? The trading volume in the market?
Even BTC is undefined in its value even it is like in the image of it being truly at 20k back in December but that doesn't fully prove its point to be the only value of BTC. As long as there will be massive amount of whales, panickers and also the common traders there would be instability in price. Those random news/FUDs that causes panic almost have the little contribution into realizing the value of BTC at first.
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