|
According to some sources I read, the Commodity Futures Trading Supervisory Agency will soon release a rule regarding bitcoin trading as a commodity. Bitcoin can be traded like a gold trade.
crypto currency needs to be regulated to provide protection to consumers. When a consumer fraud happens to report it to a regulatory agency.
In terms of taxes, this arrangement will also make it more transparent. Most importantly, bitcoin monitoring can prevent money laundering in a country.
Source: kontan.co.id
|
|
|
|
|
I do not think Bitcoin will die because of global regulations. What can make a dead bitcoin is because the high level of supply is inversely proportional to the low level of demand that makes the bitcoin price will drop, and over time will die.
|
|
|
|
|
I think if the bitcoin falls, then altcoin will decrease as well. Since bitcoin is the parent of other cryptocurrency currents the bitcoin price movements become the benchmark of other cryptocurrency prices, if bitcoin prices rise then altcoin will also rise as vice versa if bitcoin prices decrease then altcoin will also fall. Very rarely do I see altcoin experiencing significant good as bitcoin decreases.
|
|
|
|
|
Digital currencies need to be regulated because to prevent the use of digital money for money laundering and terrorism financing purposes.
arrangements are still needed to the entity and more to the activities, such as who does what, where they get licensed and supervised.
Most digital money transactions have so far been run unadjusted, especially since bitcoins first rolled in 2009. However, the government and the central bank are now beginning to pay attention and warn investors of potential fraud.
|
|
|
|
|
Blockchain, is a Bitcoin no. 1 is the most widely used worldwide. This blockchain is only a recipient of Bitcoin. No features as complete as most other wallets. But even so, Blockchain is the first wallet that can accommodate Bitcoin. That's why many users are using this Blockchain wallet.
The advantages of this other wallet is very closely related to the economic development of Bitcoin, because this wallet is a reference in the development of Bitcoin from the beginning first. I think to sign up for this Blockchain wallet I do not need to explain, because it's very easy. Users just follow the instructions given by the Blockchain and then verify the email, more or less so.
Users can also view transactions made from all wallet accounts, including sending and receiving.
|
|
|
|
|
Bubbles can be a good thing, but it can also be a bad thing because even if it breaks it will not have a significant impact on global finance because of the lack of official institutional funding that goes into the world of cryptocurrency, when the first bitcoin bubble burst in 2013 at the highest bitcoin price around 1300 USD which then fell more than 50% in a short time did not have a real impact, even the price of bitcoin then fell to the range of $ 200. And now the new bubblen size is about 10x from what happened in 2013. from the existing data2 bubble bitcoin should still have the potential to become much larger again before then broke.
certainly will be many traders, speculators and even lay investors who will experience painful losses, but it can not be avoided. but the positive value that will be generated from the bubble bitcoin bubble in the near future can be a blessing in itself by removing various hyip / lending / investment platforms and the like, also giving the media a greater interest in cryptocurrency as a free promotion, and opening up the possibility of regulatory entry from the state to manage the various cryptocurrency businesses who currently operate without the legal umbrella and lack of encouragement to provide the best service to their customers.
|
|
|
|
|
I chose trading on Indodax.com because it has some advantages that I like to buy is bitcoin or other digital assets. This purchase can be done very quickly less than 1 hour.
Bitcoin Indonesia offers reliable security for both sellers and buyers. This account is already protected with Multifactor Authentication that combines email, sms, and also Google Authenticator.
Another reason that makes me like this platfom is its reliable customer service. CS team from Bitcoin Indonesia will serve sellers and buyers 24 hours a day and 7 days a week without holidays. This will guarantee the excellent service provided to the customers. You can contact the CS team via email or chat.
|
|
|
|
|
I think Bitcoin trading in Poloniex can be the best exchange option because this site is complete and has many features for trading use.
What is traded not just Bitcoin. Coin offered him a lot.
Active members are many each day, always more than 5000 active members. Trading in poloniex is quite simple and powerful because it comes with trading features such as bolinger band, FIBO, SMA and MA that help analyze where the next price movements. Although sometimes the analysis is sometimes wrong prediction.
Bitcoinnya volume is much in its 24 hours is about 20000 btc not included with other coins such as ETH, XMR, USDT. Poloniex also features stop limit order which is useful to minimize possible losses incurred during bitcoin trading. Not only used for trading alone can also exchange or exchange bitcoin with other coins such as ETH, LTC, XMR and so on.
|
|
|
|
|
Some rules to make a profit through trading:
- Expand the View
Most traders are only fixated on one trading instrument only. It's not wrong if you do something like that, but it also means you will simply ignore opportunities in other currencies, or other stock indexes. In fact, there are so many trade subjects that you can transaksikan.
- Set Risks
As has been said, the risk is directly proportional to the odds. That's why you need to set how much your tolerance to the risks that may occur. Risk in trading is certainly a loss. If you do not limit the risk tolerance, it's the same to let all your capital (possibly) be consumed by the market. This risk restriction is also set in the trading plan.
- Immediately Withdraw the Benefits Provided
Most traders do not realize that profits should not be mixed with capital. If for example you start trading with a capital of $ 5,000 and you have managed to collect a profit of $ 1,000, then immediately pull that advantage. Let your account balance back to $ 5,000.
- Know the Time Out
The "exit" strategy is also important. The simplest is to close the position after the target profit is reached, or stop-loss taxable. It can also close positions as soon as your trading system requires it to be. The less aware is to immediately close the position after the loss reaches a certain percentage of the profit already earned.
|
|
|
|
|
If you are a beginner trader, my advice is to use coins with a value that is not too high but has a great competitiveness so you can get multiple benefits, but with a small risk of loss. One of the coins you can buy is a ripple. The price is cheap, but much in demand by traders, so that the movement of coins become more stable.
|
|
|
|
|
Altcoin follows Bitcoin because of supply, demand and speculation. It should be understood that the inter coin has a relationship with one another not to mention the currency market. As a trader just follow & exit before the price reverses direction. Indeed if at a glance confusingly where prices suddenly rise or fall, but there is a chance to make a profit. Try searching again about what causes the down / up is anything. Then use that knowledge to trade (fundamentally). thanks.
|
|
|
|
|
Some steps to becoming a trader are:
- Understand the Candlestick and Movement Patterns
Understanding the candlestick and movement patterns is very important in trading, why? Because Candlestick can predict price movement of bitcoin in some candle forward. By understanding candlestick and movement pattern, then you can predict the trend that will happen.
- Conducting Technical and Fundamental Analysis
Before trading, you should learn to analyze the bitcoin price movement technically, by understanding the indicators and trading tools that match the characteristics of bitcoin movement in the market. You should also be able to analyze the news (fundamental analysis) of both global news and news events that appear at any given time and its nature can influence the movement of bitcoin price trends.
- Understanding the Characteristics of Bitcoin Movement
Bitcoin price movements in the market have certain characteristics that are influenced by several factors either fundamental or technical news, as well as certain other things that have their own uniqueness. The more often you trade the more you understand the character of bitcoin movement, to become a natural instinct of a pro trader.
- Creating a Trading Plan
Some time before trading, you must make a good trading plan. By organizing your work steps and strategic plan, you will be able to immediately take action or step if things happen outside the scenario you have created. Usefulness of this trading plan is that we always follow the rails we have made so as not to slip and fall into the brink of destruction.
|
|
|
|
|
Before you decide to do daily trading, you should learn carefully how tips and tricks to get daily profit from trading. It requires adequate expertise to make your daily trading work. One of them by studying trading strategy. Trading strategy is very important, because without your trading activity strategy will be very messy. You need to know what strategies you can take and which strategies best suit your character. If you are a beginner trader, try to use profitable strategies but mini risks, such as swing market, simple claping or follow trends.
|
|
|
|
|
I do not think it's worth to try to invest in bitcoin. Because the development of digital money has been growing rapidly. Even already many new altcoin emerging that has good development potential. Hopefully in the future digital money will be recognized by countries around the world.
|
|
|
|
|
I prefer investing $1000 to $3000 because Bitcoin's value continues to increase over time, and now even the value per unit is more expensive than gold. Because of that, Bitcoin was nicknamed Digital Gold.
Bitcoin whose value is more expensive including the crypto currency class. Crypto currency is not just Bitcoin, but many others. For example Ethereum is getting support from various companies giants of the world, Litecoin that allows faster execution, and Ripple is considered more secure than Bitcoin.
|
|
|
|
|
What is a day trader? Day Trader is a financial market player who does not hold his trading position for more than a day. They tend to open and close trading positions on the same day, no matter what happens. Because of such trading characteristics, daily traders can be categorized as speculators.
The main goal is to pursue daily profit as much as possible with high trading frequency. In general, there are two types of Day Trader, ie institutional traders and retail traders. Both are speculators, not investors.
|
|
|
|
|
Methods of Bitcoin Technical Analysis
To analyze Bitcoin technical differ from fundamental analysis, Bitcoin's technical method relies more on monitoring of prices already displayed on the chart.
For technicalists (chartist) use a practical way of detecting historical data on price charts, with a variety of analysis tools to gain better understanding and prediction.
For those who use technical analysis, a Bitcoin trader can know where the direction of the trend direction of important movements in price, market sentiment.
Methods of Bitcoin Technical Analysis to consider in Bitcoin trading:
1.Market displays everything.
Whether it's past, present, or in the future, everything is already listed on the chart.
For the case of Bitcoin, the calculated variables are demand in the previous time, present, and future, as well as regulatory changes that may affect the value of Bitcoin prices.
For now the current price clearly shows all the information that a technical trader needs to take a position.
2.The price movement is not entirely random.
because it usually follows a trend that is formed in the short term or long term.
Once created a price trend will tend to follow the pattern, which is why traders always try to estimate the best trends possible.
The better they can know the direction and strength, the greater the profitability they can accumulate.
3. 'What' is more important than 'Why'.
The technicalists tend to focus on what can be analyzed on the chart rather than figuring out the reasons behind the price changes on the chart.
4.History always repeats.
Based on this principle all the assumption that the psychology of the market is actually very easy to guess.
The proof can be seen from the common behavior of most traders when prices move in a pattern or at certain levels.
|
|
|
|
|
Daily Trading Strategy for newbie
If you are only aiming for a quick profit from the Bitcoin price movement in the short term, then you will see some strategies that are shared on new posts as the basics of bitcoin trading. Tracking indicators such as support, resistance, and moving averages can provide a good idea for making a purchase or sale. Combining multiple indicators into your own trading strategy will usually be the best recipe for success.
If you choose a different indicator to track the bitcoin price every day, then you should make sure to re-test your strategy before you involve real money into your game. A trial is a way to see how a particular trading strategy will have the same fate in the past. While past trends may not necessarily match future price movement indicators, these backrests can give you a good idea whether or not this collection of price indicators could be able to predict price movements in the past.
Cryptocurrency Trading preparation step
1, Time, if it can be time really spare and no other busyness so that we can focus to trading. and please while looking at how to buy coin
2. Analyze, before trading you should analyze true travel price coin on the market, with the help of trading charts on the account
3. Make sure the movement of the chart when trading will be predictable, meaning that the movement up and down the price is very significant not slow, it can be encountered on the coin which at that time the volume is also high.
|
|
|
|
|
Now the bitcoin delivery fee keeps increasing, as more and more bitcoin delivery transactions, so transactions that pay the highest fee will be prioritized (faster confirmed)
For example agan transaction has a miner fee 0.0005 BTC, while the other 1000 transaction miner feenya reach 0.0009 BTC, then you have to wait a few hours until your transaction can be confirmed
|
|
|
|
|
Show Posts
