Knowing the right techniques and complete knowledge for being a trader helps you to become successful in life, having financial freedom and their life was easier than others.
 ) that's simple but how to learn all that things is more important. I think everybody in this forum know that thing before but they dont know how to get it Financial freedom is the ultimate success of a trader, of course we make big money and we can work anywhere and anytime as we are the one who manage ourselves, we are the boss of our own. But, the journey is long and going to that success is never easy, most traders are not successful so that means we need to work smarter and harder to achieve that. Its a good source of income one you establish a good trading skills, but before you can consider your self as one of those successful trader you should undergo more failures. As we face our future profitable gains in trading, more efforts is needed to compile just to accomplish your goals. Yes, trading is not just a simple way to do since it really needs time, patience, dedication and the knowledge about its way point to be profitable. A dedicated trader has a good future in his/her life because a trader has more opportunity for getting rich than just working on a corporate company with a lots of limitation. |
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Should we hold on to altcoins which we have invested and see the price dropping every moment or it will be better to sell them or hold.
Strategy in trade is a long-term patience, it is a key to success and receiving big profit in trade. If you have no patience and expectation, you don't get profit in trade, then it is a key. You hold the coin and be patient to the coin, wait several months or years to get more profits Yes holding has more opportunity to gain more profit but not everyone can do that since we are all have different financial status and decisions in life, because money is a needs in our daily life then we can't assure that we can hold such coin for a long time. |
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Risk is always the same at my opinion, bitcoin is living just because of trust and can die at any moment. Everyone should understand it before investing in cryptocurrencies.
Investing on crypto currency is not far as the risk in gambling because we are putting our investment with unpredictable outcome, so before investing its good to assess the risk because everything will suddenly happen along the way and lost our money in just a blink of an eye, contingent action should be made to prevent unnecessary situation happen if failure of investment happen. |
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If you know for sure that there is a dump happening then go ahead and exchange your crypto to the regular money. Otherwise, the market has always been volatile and we all know it will be going through changes all the time.
Certainly coins are volatile for any market changes, the only thing that dump is predictable is when there is a big pump of such particular coin because if pump occurs many people sell their coin to make them profitable then what happens next is the big dump. |
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The government of each country will not accept bitcoin become currency. Because we have different currency and every country has taxes by using own currency. What the bitcoin can get taxes if our use it. So I think it's not reaility to happen or impossible to happen. Because also we hve big effect on the globalization because some people are investing in other currency and sell it if price increase.
Yes, its hard to attain because each country's has its own currency that have been protected and if that will happen then all establishment in a country from the highest down to the smallest level should have the system to accept bitcoin transaction and it should be granted that internet was fully harness into the different corner. |
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I write note. Notes keeps you remember what you have spent and it remind that how stupid I was when I bought unimportant thing. I think that is enough for me. If you do not trust youself, you can deposit your money in bank or simply give it to your wife. It is hard for you to withdraw and it will save you much money
I observed that frequent going to mall will lead people to over spending because of buying unnecessary things, so as for me to avoid spending on those unimportant things then we should have to limit on going to mall if without necessary things to buy, and one thing is to avoid getting on credit card because that will drive you to buy all things that you have see in the market or in the mall. |
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some of which you mentioned are very true and I think the most bitcoin prices collapsed when bad news is causing the owners of crypctocurrency assets to panic and ultimately affected to sell cheap so the point is bad news that makes bitcoin to collapse.
Yes, bad news injected from social media cause fear and uncertainty doubt or FUD to every bitcoin holder much more on newbie to crypto currency, so I think the most obvious reason of price dropping is the dumping of bitcoin, maybe from ordinary holders or the big whales that can manipulate market supply and demand. |
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Basing on the market today bitcoin is dumping hard and also the alt coins. I guess without bitcoin the other coins will be gone too. What do you think?
There is no doubt that when the bitcoin will gone in this world, almost all altcoins will also be gone or will also be die, and we know that bitcoin is the first cryptocurrency, and this is also the strongest cryptocurrency so whenit dies all coins will be gone too. I think its not, even though bitcoin is the pillars of all the coin but it will not directly make all coin gone because most of the altcoin is fueled by smart contract in the blockchain as what ethereum does, so as long as there is still ethereum then people still continue in the crypto activity making ethereum as there goal. |
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Stability is important so that it make sense for investors that can have there trust because it has the stability by time. And also i think stability for bitcoin can affect to those alt who mostly based by bitcoin and go through with this.
Bitcoin stability is very important because it is a good time to invest when the price of bitcoin in the market will be stable and bitcoin stability is important so a lot of people will just keep buying and holding there bitcoin until the price of bitcoin is stable. If the price of bitcoin is stable then it is more advantage to traders to have a fixed basis upon trading and it can give more self confident for altcoin investors to do more investment and above all stability prevents people to do panic selling. |
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I know risk is part of business and since we can not do without any form of risk then taking a calculative risk is the best because you may have plug all the loop holes where losses would have crept in. Just taking any type of risk in any form of business will send you back to the starting point.Risk is good but calculate it before you take it.
Talking about profit then it already involve assets, so to have a big profit then we must have to spend larger capital as investment then that is already a risk because we don't know what happen along the way and to have counter measure on that situation the risk assessment must be plan ahead, we can still have a big profit with only a little capital and that will reduce risk but it surely needs long time prior achieving. |
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Well, i can see that you talk about high fee issues which has already become an old issues as it has been taken care off by the developer responsible. So people are still buying Bitcoin because the potential growth in value of Bitcoin in the future is very high and some other people need for some specific transaction.
Yes, there are more people still believe the growth potential of a bitcoin so they buy bitcoin for their long term holding and in other hand mostly people who involve in crypto trading are the one often buy bitcoin, because bitcoin is the pillars of crypto world. |
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questions on day trading cryptos
seems a tricky task
your watching volumes
so i ask for people in this forum who day trade?
effective for profits,
?
i imagine.impossible when whole market red ?
on videos seems to watch the candle charts?
and hold a red and buy asap to a green?
do u recommend. ? if one has the time?
I think day trading is less effective and the benefits you will get will not be much. Even the benefits you get can be very small. If you want to trade I recommend not to trade daily. As for me, day trading is effective because this is less risky than other kind of trading.Day trading easily determined if you gain profit or not.Maybe lesser profit but with patient those small things together can be a big help in your financial aspect. |
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People still buying bitcoin because they are convinced that the future of bitcoin will continue to improve and this is a good sign as prices will skyrocket, I'm sure that May is a good month for bitcoin investments as June prices will skyrocket.
There are reasons of why people still buying bitcoin and that is because they believe that bitcoin is a promising coin and can give much profit, and in the first place it is the strongest crypto currency in a crypto world because it is still the most profitable coin for long term holding as they already see the highest price that bitcoin reach hoping to reach back again. |
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Yes, he certainly is now experiencing a big problem. but I think that soon it normalizes, and with bitcoin everything will get better, but of course it all depends on him.
Certainly bitcoin is maintaining or even escalating its popularity through out the world because many people slowly realized the good opportunity that bitcoin brings and as years goes by I think its popularity continues until it play a vital role in financial system until it becomes a universal currency on the next generations. |
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Firstly, newbie must understand that it not advice to always watch the price movement every 5minutes cause it can lead to panic and the newbie trader must learn chart indicator, historic data and must first start with bitcoin trading in other to understand how the cryptocurrency trading work.
Yes, trading is not just an easy thing to do because it always involve our assets in money so it is necessary to read articles about trading and understand first its way point to have some little techniques for us to develop to avoid great lost in trading. If you are ready then make some crypto wallet and have an account for any exchanges to start trading. |
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The market is too much affected by FUD now, because the media are often used by big whale. When FUD begins to spread, this negative effect will be magnified. As most people buy bitcoins for speculation, people will worry about a bigger fall and dump bitcoins when the negative sentiment of the market is accelerating.
Yes, and the main effect of that is the panic selling that makes bitcoin dump. FUD will make small investors afraid of losing everything therefore they will sell their coin even if already at lost in profit just to avoid of total losing of value. |
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I am firmly convinced that the bitcoin price will continue to grow, so the $100K barrier seems perfectly accessible by the year 2020. This means that even those who buy at the current price of $9,000 will have a large profit margin than any other investment instrument can offer within conventional investment funds.
Therefore, as long as the price of bitcoin continues to rise, it will always be correct to opt for buying bitcoins. A couple of years ago, when the price of bitcoin was below $1,000 nobody would think that buying bitcoins at $10K would be a prudent choice. In the same way, today it would seem crazy to buy bitcoins at $100K, but when the price reaches $200K we will regret not buying now.
As for me, the reason why I should have to buy bitcoin is because it is a promising coin in a crypto world and I have already experienced in gaining profit from it, today's bitcoin price is much lower than the past few months, there is no doubt that bitcoin will keep on kicking towards the moon even if it is volatility is two steps forward and one step backward, then therefore buying bitcoin is a profitable way in crypto world. |
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why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
tax is very important in the life of the state, because the tax levy is allocated to the welfare of society within a country, when the tax is pulled by the government and the government does not provide optimal service to the community we better ask where the allocation of taxes, why must exist taxes to society but society does not get something from the levy, the result of social gap will befall society and society should know that, its name of service of automatic society have to give the best for society Look at U.S, China, UK, Germany, etc. these countries are the rich country in the world. What is the reason helped these country have this result? Because the people of these countries really want to pay tax and the governent used the tax that was reasonable and clear, always solve the needs of the society whenever needed. Infrastructure in these countries is always at the top of the world. Generally, those countries rich ones but they never give up makin their citizens pay tax for crypto related income. In general, their citizens don't want to pay tax for crypto profits, but they have to pay anyway. If we let them choose, they wouldn't like to pay tax, I'm pretty sure. It's getting kinda mandatory for them to pay this. That's all. Yes, I agree that nobody wants to pay taxes but because it is a mandatory by the government then we can't refuse it but to accept. Anyway taxes can build a nation for the benefits of the people too, so thinking about our children's future then we should have to pay taxes for have a better place to live. |
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Anything is possible in these markets so maybe ETH can do it. However, given that the supply of ETH is many times higher than BTC, the chances are low.
Yes, ethereum is hard to reach like of that bitcoin value even if big investors buy all ethereum because market capacity value of ethereum is such lower than bitcoin market capacity plus bitcoin has already a high value compared to ethereum, therefore chances are low for ethereum to reach the value of bitcoin. |
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I think that Bitcoin can be use as a matter of fact to be globally accepted. What is your take and which currency can you suggest to be accepted globally?
I think this will not going to happened due to the fact that people who doesnt like to involve themselves here might be isolated with the society, I guess the government will not agree to this kind of scenario in near future cause their platform might be non-existant if that will happened since this is a decentralized platform and legitimate supported by blockchains this will going to hard for them to take control. Yes, in today's world with a standard policy of every government it is impossible to have one currency, since the economic status of every country was determine by its own currency value but we cannot set aside that it will be happen in the future of the next and next generation as what the book of revelation say, as we are on the race of technological advancement and I believe that technology will really change humanity. |
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