121
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Economy / Trading Discussion / Re: HODL vs Day trading
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on: May 14, 2018, 02:56:14 PM
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Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
to do daily trading of course there are some things you should know and the first course you must have spare time to continue to monitor market movements. and also in the daily trading activities of course you must have a great strategy to be able to determine the right time at the time of buying or vice versa when selling it and of course this requires skill. and to last for a long time I do not think there is too much skill to do but that's of course you should be able to choose a crypto that has potency good enough to be kept for long period of time. and one thing you need to have is patience in the face of a bad market situation.
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122
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Economy / Marketplace / Re: Digital Currency Take Over
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on: May 14, 2018, 01:55:01 PM
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As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
I think the problem is just about taxation issues because like bitcoin as decentralized crypto currency it means there will be no control at all from the government and certainly no taxation system will apply as in fiat currency in general. it is possible that the crypto currency will be applied to every country if only the government is not too concerned about taxation but the question is whether it might be realized by the government because as we know a few percent of the state budget revenue is generated from the tax system.
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123
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Economy / Economics / Re: Bitcoin as savings, emergency needs possible?
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on: May 14, 2018, 01:18:48 PM
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So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?
of course everyone will have their own goals with what it does is invest in bitcoin. and as you would do is an investment activity done with bitcoin with the purpose to address emergency needs I think it is your right but one thing you need to know that bitcoin has a very pluktuatif price so of course you must be prepared with all the risks that will be encountered when the bitcoin price falls. but what you do I think is pretty good because besides you save the money you have for emergency needs but on the other hand of course you will benefit when bitcoin price increases again.
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124
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Economy / Trading Discussion / Re: Day trade is more a lucky thing or skill
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on: May 13, 2018, 02:56:43 PM
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I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing. They make you really believe that is more like a skill and if you are good at it, it works. My friend told me that is just about how lucky you are, and not a skill. So, should I stick with holding or playing day trade is a better option?
I think in doing daily trading activities you can not just rely on luck and of course you have to have skills in daily trading activities. and in my opinion the skills you will get you will not get you instantly because this takes a long time. so I guess the things you should do in daily trading activities of course you should have enough time to continue to monitor the movement of the crypto market and of course by doing it gradually continuously you will have the skills in doing daily trading activities.
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125
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Alternate cryptocurrencies / Altcoin Discussion / Re: Lets be careful on what we are investing
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on: May 13, 2018, 08:47:03 AM
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Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too. http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/yes, of course we have to be careful in investing in ICO projects, especially investing in ICO with a team that has never developed an ICO project. So the main thing an investor should do before investing in an ICO project is a very detailed study of the team that developed the ICO project because not many investors are currently losing money for not doing research before investing and I do not think all ICOs will be successful because the success or failure of the ICO project will definitely depend on the team managing the project.
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126
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Bitcoin / Bitcoin Discussion / Re: Best way to store Bitcoin safely ?
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on: May 13, 2018, 07:28:48 AM
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I think the most important thing to keep bitcoin assets that we have in bitcoin wallets is of course it depends on each individual owner of bitcoin assets. so I mean the way in which to store bitcoin assets with any wallet would not be safe if the owner of the wallet is careless in his private key storage. so I mean hacking can happen if the other party knows about the private key you have so if someone else needs to know about your wallet, I think you should choose someone who can be trusted to keep the private key from your wallet unknown to others. it is one way you should do so that your bitcoin wallet is still safe and of course you must choose a wallet that has a high enough level of security as well as bitcoin wallets with hardware.
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127
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Economy / Economics / Re: What are the challenges for investment with Small capital?
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on: May 12, 2018, 01:23:48 PM
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In the study of economics, Investment mean any addition in physical stock as well as stock of finished goods, or you can say any putting money in anything for the motive of profit.I want to know your opinion that what are main challenges for small investors in any type of business now a days, If he/she has nothing after his investment?
I think the challenge that must be faced for investors who have small capital is of course must have a strong enough patience in doing investment activities to get big profits. besides that thing that must be done is you must have very mature calculation in managing finance because of course with small capital an investor must be able to manage the capital continuously because it is impossible can at once to take a profit to be got before have enough capital big and I think the right way is better not to think too much about the benefits to be gained, meaning you have to keep turning your capital up to the right time to take a profit.
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128
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Economy / Services / Re: MB8Coin Signature & Avatar Campaign
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on: May 12, 2018, 12:46:04 AM
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Btctalk Name: amih Ratings: Member The post currently counts: 250 BTC address: 14Hc9JKMjGHXUP4m5muDPWhktH4WfHnjCV Using the appropriate signature: yes Wearing avatars: for now not using avatar
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133
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Economy / Services / Re: ALAX.io Signature Campaign
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on: April 11, 2018, 10:46:19 AM
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Btctalk name: amih Rank: Member Current post count: 266 BTC Address: 14Hc9JKMjGHXUP4m5muDPWhktH4WfHnjCV Using the appropriate signature: yes Wearing avatars: for now not using avatar
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134
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Economy / Services / Re: yahoo62278 Campaign Management services(Get all your needs here)
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on: March 30, 2018, 06:22:52 AM
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no doubt that sir yahoo62278 is a highly propesional manager and that is why there are many projects you are working on and I am very happy to always be a part to participate in every project you manage, thanks sir yahoo62278 for the trust you have given me for can participate in any project you manage, and hopefully you are always given health.
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135
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Economy / Economics / Re: Digital Money = Cashless Society
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on: March 28, 2018, 07:21:55 AM
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although the existence of digital money today is a necessity for transactions or other activities but that will not completely eliminate fiat money in general. because I think there are many things to do in cash means that not everyone understands a transaction activity that is only done with digital money, especially in countries that do not have high economic expectations. I think people in poor countries may not accept the existence of digital money as a means of payment because of the lack of knowledge about digital money. I think to eliminate the culture by using cash this of course requires a process that is not easy.
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136
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Bitcoin / Bitcoin Discussion / Re: You can actually buy a lot of things with Bitcoin
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on: March 28, 2018, 02:24:43 AM
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Bitcoin is just a virtual currency, but it is used as real money to buy many things. There are many people who accept Bitcoin payments for items, including online stores and regular stores. Popular online stores accept Bitcoins including Newegg, Overstock, Microsoft, Dell and more.
In the United States, there are Reeds Jewelers, One Shot Hotels, Holiday Inn, and even pizza locations, restaurants and more. You can even use Bitcoin to buy addictive drugs, gambling, bullion, or even donate to charity. This is the reason why I like BTC.
yes, currently bitcoin is a crypto asset that can facilitate us to make transactions, especially in countries that have many online sites to shop. but not all countries allow bitcoin as a means of transactions to conduct online buying and selling activities. and is included in my country because currently the government in the country only provides a policy by only allowing to do limited bitcoin activity to invest but in the case of transactions in countries with bitcoin have not been allowed because for some reason there is already a legitimate official currency to conduct activity transactions . but this is to me no problem because in the current bitcoin activities I do only for the storage of financial assets. and if indeed I want to do a transaction I do is swap some BTC that I exchange as USD and transfer to bank account number that I have.
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137
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Economy / Economics / Re: Why are people doing so many things to frustrate crytocurrency
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on: March 27, 2018, 08:31:21 AM
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Apparently there are still too many newbies being baited by these small ads on the sites you mentioned. This is also to ensure that scam sites wouldn't flourish and that people wouldn't have any word from such even if it also affects the legitimate ones. If there's anything I could make out of this move by these sites, it is to help crypto in general to mature and to lessen that amount of people investing their money at the wrong place and giving the owner of these scam services/sites their money easily. Admit it, the crypto world is plagued by wannabes trying to make some money by creating these ponzi schemes/sites. Ponzi schemes outweigh legitimate services' appearance on the ads Google and others are showing to their site so this is probably a good move that has positive long-term effects.
yes, I agree with you that now with the very popular bitcoin, of course there will be from some parties who want to benefit from the popularity of bitcoin by creating a ponzi scheme by delivering some negative news as well as an intimidation. I do not think we should be overemphasized by some news that conveys negative things about bitcoin. as a bitcoin user, the best thing to do is stay focused in the future to do all the things aimed at the improvement bitcoin will get. because if viewed logically I do not think there is a negative impact owned by bitcoin there are only a few parties who just want to profit from the existence of bitcoin owned.
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138
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Economy / Trading Discussion / Re: Bitcoin Trading Strategy.
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on: March 27, 2018, 08:16:34 AM
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I've posted this on someones post before, but I will post it again here for everyone to see. I can't tell you not to be not to be emotional when prices are fluctuating fast, because we've all had some kind of emotion when prices are volatile. This can potentially be an expensive process you will learn. The market, in most cases, will eat new fish alive. Let's just call it how it is. If you're new, and actively trading, you're going to get rekt sooner or later, over and over again, it's just a part of the process. You know not to put your life savings in, and go all-in on a trade, but, you do it anyways. AND you will learn from it, for the better or worst. Worst being high probability. Money itself is very sensitive to people. But try to understand, prices move up and down. If you're new in this space, and came in during the media attention hype, get ready for an emotional roller coaster. If you stick around, and actively engage in your investments consistently, for a healthy duration of time (about a yr) you'll have a better understanding of the market and how it works. You get to watch the new fish get rekt. One of my trading strategies is geared towards swing trading. You should somewhat engage in your investments, and you should have a disciplined strategy You have skin in the game, why would you neglect your investments? At least have an entry/exit or accumulate plan. This strategy can go 100 different ways, but I'll try to keep it simple. Like I've said before, this is geared towards position trading. This is one of my strategies to protect myself from harsh retracements. For this strategy, my plan is to preserve USD so I can pay myself, and take profits, hedge into other stable assets and so on. Take a look at the simple charts of Gold/USD and Bitcoin/USD on the 4 hour chart, Bitcoin's price volatility is obviously greater than Gold. When Bitcoin rallies over 20 - 30%, it would be a good, probable decision to hedge into Gold or any other stable investments with your BTCUSD, based on historical price patterns. Nobody knows where Bitcoin's price is going to be in the future, nothing is certain in crypto, but based on historical data, in a broad picture, BTC has gone parabolic, been through 6 bubbles, had nearly a 50% correction from 20k to 10k and gaining mainstream attention rapidly. We could speculate the "what ifs, how's and why's all day long, but at the end of the day, if your skin is in the game, you need to engage and protect your investments. You'll make mistakes, the market is designed to be unpredictable. Crypto is still new, insane and volatile. Bitcoin is up over 30% since New Year's, why not throw a little into Gold? I'm bullish on both XAU (Gold), and BTC, but BTC's retracements are more harsh compared to XAU. This is just a strategy I'm personally using. I'm not all-in, and out on this strategy. Do not blindly take my advice, and go all in. Consult with other people who are experienced in the the markets, verify, research, and come to your own consensus. Good luck to your investments and journey
this is a very good explanation of all the descriptions you describe, of course, this will provide a motivation for all bitcoin users while adding a pretty good insight. from some description you say I am very interested in what you are saying that with the current market conditions of course we have to get ready for an emotional roller coaster. because it's really true as you say if we can survive in a healthy period of time at least within a year to keep hold of bitcoin assets we have, of course, we will get an experience as well as a very great lesson. and I really appreciate your positive suggestions.
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139
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Economy / Economics / Re: Is bitcoin really secure
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on: March 27, 2018, 07:36:15 AM
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Ofcourse bitcoin itself is very safe due to the decentralization of the blockchain and its verification process. The weakest link in that chain, however, is the user computer/interface, or poor security of the servers of an exchange. One might argue that many exchanges have been hacked recently and millions of dollars worth of bitcoin have been stolen, but it has all been due to the exploits found in the core of the operating system/other software used by the exchange. As long as the computer where you keep your wallet on is not the one that you frequently connect to the internet, or if you have a very significant amount of bitcoin, you keep it in cold storage/paper wallets/hardware wallets, and use a reputed antivirus, and keep your head straight, you should be good to go.
yes, I agree with you the security of bitcoin it will depend on the system owned by the wallet website used and I think as you said the wallet account we have will be safe because it uses a decentralized blockchain and process verification. but the thing that makes bitcoin assets that we have become very vulnerable to hacking is because every thing related to the internet will be very vulnerable to the existence of viruses that can damage all security systems from the wallet site. so I guess just like you say of course a bitcoin wallet site should do the storage by using cold storage or wallet hardware that is not related to the internet. so things must be done so that bitcoin assets that we have will be more secure then op should be more selective in choosing a wallet site to store BTC assets.
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140
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Economy / Marketplace / Re: to get the bitcoin should issue a capital?
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on: March 27, 2018, 07:17:55 AM
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If your problem is capital, well there are so many way to earn capital, i suggest to join in any campaign. They will give you free token after you work from them. Now i tell you, your hardwork and being responsible is your capital here.
yes, it seems that op does not have enough knowledge about how to get bitcoin with some work that can be done from this forum and I will tell a little story as well as share the experience of what I experienced when first joined the bitcoin world. at first I was just like op is the thing I want to do to do activities in bitcoin whether it's trading activities or investment activities on bitcoin. but the activities I wanted to do at that time were hindered by the lack of funds I had, but at one time when my friend suggested to join the bitcointalk forums eventually over time I finally found a way to do the activities in the bitcoin world without having to spend money from my personal pocket. and on the advice of my friend I finally follow the promotion of campaign signatures and little by little finally I can follow the activities in bitcoin from the payment results I received by following the activities of the campaign signatures.
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