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Economy / Trading Discussion / Re: What Motivates you to Invest in Cryptocurrency?
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on: August 18, 2018, 03:06:17 PM
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what motivates me to invest in bitcoin is my child, because my child needs money for his future, with the motivation that I have a child that must be financed so I invest in bitcoin ...
investing in bitcoin is very profitable and very big, but even though it is very profitable investing in bitcoin is very risky ...
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Economy / Marketplace / Re: issues on the internet
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on: August 18, 2018, 02:26:16 PM
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do you think positive and negative issues about cryptocurency on the internet will affect the rise and fall of the price of cryptocurency. therefore I have an opinion, what if we make a positive issue about cryptocurency that may make or affect the rise and fall of the market price of cryptocurency and here we are in a very big community, isn't that likely to affect globally ?
and how do you think about it ?, I want to see opinions from your side of perspective
Thank you for your concern
the internet has a big influence on crypto because if there is negative news about crypto the crypto market will go down, if there is positive news on the internet about the crypto world then the crypto market will go up ... so I think it's very influential on the news on the internet in the crypto world ... |
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4
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Economy / Economics / Re: Wise thing to do with your savings.
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on: August 18, 2018, 01:23:43 PM
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
in my opinion, if money has been saved, it's better to leave it alone, because if we don't know what will happen, the money that has been saved is used up because it is used in a bad investment and we can only lament our savings money just gone ... so if it's saved, leave it alone until we really need the money, then we take it ... |
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5
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Economy / Trading Discussion / Re: The hard Truth
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on: August 18, 2018, 12:32:00 PM
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Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
everyone must accept this situation because before they go into the world of crypto maybe everyone already knows the risks that will occur, so I think this is the risk of all those who have dared to go into the world of bitcoin, so they have to accept and be patient .. . |
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Economy / Marketplace / Re: Digital Currency Take Over
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on: August 18, 2018, 12:22:39 PM
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maybe this is the right time for digital currencies to take over, but in this case you have to socialize first because not everyone understands and knows digital currencies ...
so I don't think it's time for a digital currency to take over ...
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Economy / Economics / Re: How Long Crypto market will take to recover?
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on: August 18, 2018, 12:13:58 PM
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stacked in holding.
maybe the market needs a few more months to recover, because conditions like this are not easy to restore the market to recover again, so in this case it must be patient while waiting for the market to recover ... |
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Economy / Speculation / Re: BITCOIN is useless!?
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on: August 18, 2018, 12:02:19 PM
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who says it's useless ?? bitcoin is very useful for the progress of the world in the modern era now ...
because with the existence of bitcoin makes it easy to do all kinds of transactions ...
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Economy / Trading Discussion / Re: I wish I dump all the BTC in late DEC 2017
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on: August 11, 2018, 11:08:58 AM
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what a year, wish I dump all the coin in late DEC lol
and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..
that has passed, let it pass ... for now all we have to do is try to restore the crypto world to become better and be accepted by the entire world community ... because in the last few months the crypto world was very bad and made the market red because every coin experienced a very drastic decline ... hope that in the next few months the market will return to green again ... |
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Economy / Marketplace / Re: Do you really care if your data is exploited??
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on: August 11, 2018, 10:50:07 AM
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maybe we have to think positively first, and don't be prejudiced.
maybe it won't be that easy. Our data will be exploited by many people, because every data we have will be stored properly by the holders of the company and keep it well and safely ...
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Economy / Economics / Re: Do you approve this strategy: sell alts buy btc?
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on: August 11, 2018, 10:42:19 AM
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I suggest you not to sell all coins, because if you sell everything to buy bitcoin then you will be hard to trade ... because if you only rely on bitcoin trading it will be difficult to get profits, whereas if we trade a lot of coins then we will be easier to get a profit ... |
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Economy / Trading Discussion / Re: Trader or Gamblers.
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on: August 10, 2018, 12:51:01 PM
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I prefer to trade because gambling in my religion is prohibited and not allowed ...
and I also know that most gambling suffer losses no one gambles to get a lot of profits, only gambling gods can benefit from gambling ...
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Alternate cryptocurrencies / Altcoin Discussion / Re: Don’t panic!
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on: August 10, 2018, 12:23:15 PM
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Hello, why everyone is so afraid of crypto market falling again? I think this 1000$ bitcoin growth is the new beginning of rapid growth of all crypto market! Guys don’t be so depressive, stop panicking and selling just relax and bitcoin is going to reach 20000$ in summer!  because most people who jump into the world of crypto don't know the risks like this ... so everyone who jumps into the world of crypto will feel scared when they see the market continues to fall like this ... |
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Bitcoin / Bitcoin Discussion / Re: Which one do you choose?
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on: August 10, 2018, 12:02:12 PM
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Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?
I choose to exchange, because what I know is to benefit from bitcoin through an exchange site ... if in addition to exchanging I don't know where else to get the benefit of using bitcoin ... |
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Economy / Trading Discussion / Re: Is worth buying coins under $1?
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on: August 03, 2018, 06:25:48 AM
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What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
I myself cannot suggest anything to buy a new coin and the price is under $ 1, because not every new coin will be good right away ... each new coin will decrease from the ICO price, and if the coin is good the coin will rise, but if the coin is not good then the coin will fall in price ... |
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Economy / Marketplace / Re: issues on the internet
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on: August 03, 2018, 05:57:09 AM
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do you think positive and negative issues about cryptocurency on the internet will affect the rise and fall of the price of cryptocurency. therefore I have an opinion, what if we make a positive issue about cryptocurency that may make or affect the rise and fall of the market price of cryptocurency and here we are in a very big community, isn't that likely to affect globally ?
and how do you think about it ?, I want to see opinions from your side of perspective
Thank you for your concern
in my opinion is very influential once the positive or negative news from the internet world, because we can feel if there is negative news from the internet the market will decrease, and vice versa if there is positive news then the market will increase ... |
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Economy / Economics / Re: Trading Bitcoin for real estate?
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on: August 03, 2018, 05:52:47 AM
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for the time being I have never sold bitcoin to buy real estate because I have not been able to trade bitcoin, because for bitcoin trading requires a large amount of capital if I want to get big profits ...
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Bitcoin / Bitcoin Discussion / Re: NO! Do Not Invest all you have on Bitcoin and Cryptocurrencies
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on: August 03, 2018, 05:42:10 AM
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I have read several posts on this forum where people have claimed to have invested all the money they have on Bitcoin, I also read a post where a guy claimed to have used all the $20,000 his uncle gave him to also invest in Bitcoin, some even sold their landed property. The reason for these risks and others is the firm believe that Bitcoin would be $50,000 - $100,000 by the year 2019 or thereabout.
First, I must say that I admire the courage and high risk appetite of such persons. But, I must also warn.
Yes, It is good for everyone to have high hopes for Bitcoin, and also hope it gets to 100k USD in future, but you should also consider a safety factor in anything you do including investing.
Mathematically,
DO NOT Assume,
P(Success of future term) = 1 ; and
P(Failure of future term) = 0
This implies that, you must always leave a little fraction for probability of failure which in this case is the safety factor, no matter how little the fraction may be. Simply put, you don't have absolute control of what happens to Bitcoin and Cryptocurrencies in the future.
Invest wisely, only invest what you can afford to loose
Just a piece of advice.
What are your own suggestions?
my advice is almost the same as yours, don't try to invest all the capital in crypto, because if you can't manage assets in the crypto world it will be trapped and suffer losses, so it's better to use a little capital to invest in the crypto world ... |
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