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There are many good books that you can buy just find in the bookstore. You can also watch how to trade in the youtube even if he is not the best trader you can learn from the video just watch and follow what he teaches and you will learn from it. Like me I just watch different video on youtube and I learn from it. I just follow what they are teaching and there I tried to trade and learn from it.
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If you mean that if the price will get pump then it is the time that you will trade your coin. For me it is one way of selling or trading your coin. If you just buy then sell it right away you will not earn big profit. If you want a big profit you have to buy when the price dump and then sell or trade it when the price pumps. If you want to make a profit in one day you can buy at a low price then when the price pump even a little you can trade it right away.
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Honestly right now most investors are not interested in the product of the ICO or altcoin as they only see them for profits, specially traders. But if you want to use the product of the altcoin I would highly suggest that you choose it base on what you need and want whether it be music, cryptocurrency, games, art or even cargo so that you can benefit from it.
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Indeed. The tier 8 was quite funny but true. Currently; some of the coins are just operating well in this market. But sadly; in this year we all are still looking for a bull to rise. We all need a motivation right now to stick with it.
Not to mention the hype altcoin that would only want to get money from the investors and most of this are done but pump and dump or other price manipulation and after that the coin will be totally useless. This also happens in scam ICOs which is why double or triple evaluating the altcoin or ICO before putting in your money is the best thing to do. |
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For me the reasons of investing in cryptocurrency in general is as follows:
1. Inflation
2. Cryptocurrency does cannot be taxed.
3. Transparency and decentralization.
4. Freedom of choice.
This is in my own opinion why one should turn into the crypto market/industry as if a person would learn how the market works and if they played their cards right they can reach financial freedom.
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Taxes increase because the government doesn't stop to borrow money, and it's done with an outrageous rate return. Most increased taxes are used to pay the interests and it's still not enough, then the government keeps to borrow money and it's like a circle.
With increased taxes, the purchasing power declines because the wages don't increase at the same level. To reduce the costs of families/govt. it is spending less on education, etc still the money has to come from somewhere for the families. It's the result of some social and politic wrongly managed (I don't say I can do better)
Tax questions are also quite a lot of tax articles. But most of us do not work in the field of taxation. So every statement is just a personal opinion. And what the community wants is that the government needs to clarify more equitably to keep investors safe. There are also many taxes that are not true to the fact that the community is pressing. That is true as not all taxes are transparent and most of them is very questionable. What you should be doing is comparing the US to other developed nations. For example, the US government spends almost double in terms of GDP on healthcare, yet delivers worse outcomes, than most Western European nations, and that's without even considering the expensive insurance/out of pocket fees that Americans have to pay.
For instance what he mentioned is very true and compared to the tax of health care in Canada which is also high, Canadians are enjoying a very good healthcare benefits. What I believe should be done is more transparency in taxes and moving them more into reach people as they are the ones that are not being affected by inflation nor taxation and it is always the small people who suffers every year from it. |
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For spammy and duplicate post it is deleted by the moderators of the forum and if you see such users in the platform you should report them immediately. However for copied content outside the forum like news or information that want to be shared users should always put in links or at least make some credit to the source material as it is a way of making respect to the makers of the article.
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Passwords in MEW are one of the ways to access your wallet other than its private keys but remembering both is ideal but and recommended as losing your private key would means losing your wallet forever. Other than that getting other means of security in your wallet is essential. For instance using metamask to access your MEW to avoid being hacked in exchanges such as etherdelta or using hardware wallets such as ledger is a must.
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Even if bounty hunters dump their coins after the ICO it will not be a big loss the the project as the allocation to them is very low (minimum of 1% up to a maximum of 8% if the total coin volume) and it really does not affect the prices at all. The problem is with the investors that would only want to make profits as they are the ones who are the majority holders of the tokens. Is also to point out that not all investors are for the pump and dump as there are also factors to consider(for instance if there really innovation going into the project?).
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I recommend to buy Bitcoin and Etherium 50/50 because it's most famous cryptos and have biggest market capitalization and community with best blockchain developers. BTC and ETH has better potential to be TOP-2 in next years. All other coins are shitcoins and can die.
That is true specially when you have bought them in their lowest point this year and the market is readying for the bull run. Also BTC and ETH can be traded to other cryptocurrencies that will have potential or you can put them into ICO's or do trading(both of which is very risky). If you want to have the best investment in the market right now without considering BTC and ETH you should learn first the projects and community that backs up a potential altcoin as that will be the basis of its price in the market. |
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Look at this from a different perspective, when the Bitcoin pushed its price to USD $8k+ the market price of different altcoins pushed into a downtrend which is very unusual, as in the past when Bitcoin and Ethereum pushed into an uptrend or downtrend other altcoins will follow the same trend that they have which is quite unusual. This only means that the market is still saturated and its volume is only being pushed from different cryptocurrencies in the market for instance even though the price of Bitcoin and ETH is down right now many altcoins are pushing it prices up, what we need is new players and investors in the market.
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That is true and it will push other competitors to make Bitcoin as a mode of payment. I think what the cryprocurrency market needs to be made as a payment method is backing to one of the established chain in the market and yes if Starbucks plays it correctly they will be the first ones to advertise cryptocurrency in the mainstream market.
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Right now establishments and some companies will not consider cryptocurrencies as a mode of payment like any other assets as they are very volatile. As you can see only few companies such as online shops like Newegg.com and very few establishments over the world considers it. however there are people who does private transactions for instance trading BTC to any other crypto without the use if exchanges as some sees this as more profitable than selling in such platforms as most of the times fees are high. There is also people who trade it for physical items but it is more evident in the black market.
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Yes you can trade without capital by using the coins that you earn from the bounty that you join. You can also ask someone that you know to lend you some coins for you to trade and you will pay him/her if you already earn from trading. You can also barrow from lending but before you barrow from the lending you have to double check first the lending institution so that you will not be scam. There are ways on how you can trade without capital just be diligent in finding ways on how you can trade without putting out your money.
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Hi,
I really want to get into trading BTC.. what's the best way to learn it? any recommended course online?
Thanks a lot.
You can watch some videos on youtube, read some threads here in bitcointalk and you can also go to seminars that teaches you how to trade. There are many ways on how to learn on how to do trading you just need to be industrious. Here in crypto the main factor that you need to do is just be hardworking for you to earn big and if you are not hardworking you will not earn. It is better that you just put your money in the bank if you are not hardworking. Here in crypto no one will work for you to earn big this is an investment that requires you to do some work. |
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I do believe on HODLING but not to all coins that I have the coins I have do have differences and not all of the coins is good for HODLING some of it is good for trading that is why I am doing both but before I do the trading to the coins that is not in the top coin I check first the reviews so that I can see if the coin is good for trading or not. There are some coins that is not good for trading. You just need to study your coins first before you take an action because if you do not check the review then you will not back track the action that you have done with the coin.
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As a new kid in the cryptocurrency world, we often have our share of first mistakes in trading which helps us to be able to become better and wiser in the next transactions. What are these usual or common mistakes that newbies commit?
The first mistake that newbie commit is there emotions in trading, they do not study how to handle and overcome their emotions in trading. Also they do panic selling/trading of there coins, because they do not study how to deal with the price in the market they also do not know how the volatile of the price works. Some of the newbies also do not know the buy low sell high. They just buy at any price and then they panic to make a profit so they panic sell/trade their coins. They also lack of knowledge that is why they commit a mistake. |
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Hello guys, I see that many traders are afraid of risk, and they always want a guaranteed profit, but unfortunately, this gain is always a little in value.
And in many threads, they always ask about "how to make a safe method in trading".
For me, the risk is essential in every field ( especially in trading) to win a lot of money. Furthermore, when you are afraid, then you will never achieve what you want.
Many businessmen/women (billionaires) and successful traders become rich because they take risks.
Come on , overcome the fear, make a risk , we will only live once.
Now the market in crisis, you must take advantage of this opportunity, your life may will change for the better.
This quote is very expressing :
"If you want it, go for it. Take a risk. Don't always play it safe or you'll die wondering"
-Ms.KG
What do you think guys?
I agree to what you have said and for me what you have said is all true. If you do not take the risk then you will not earn even a small amount. If you want to get rich then you have to take the risk no one is becoming rich with not taking the risk. Do not think of the negative side just think of the positive side for you to earn and make a good profit. If you always think of the negative side of taking the risk then you will never earn If you try the risk you will overcome your fear and you will learn how to take the risk with not losing it. It is not that hard for taking the risk but it is the way of learning the risk that you are afraid of. |
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Yeah they should accept other cryptocurrency other than BTC and ETH, but it can impose difficulties to the management as other cryptocurrency will be much more volatile than those two and BTC and ETH is the barometer of cryptocurrency. If they would be adding more options it should be within the top 25 that has more stability in prices.
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Please be reminded that even you can find a kind and friendly bounty manager you will ensure the success of the bounty campaign. Rather than that you should check the bounty managers history of handled bounty campaigns and see if they are legitimate and just to let you know reputable bounty managers can also be scammed by the project developers that would only want to have money. And there are also new bounty managers that would only handle a single campaign.
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