Is it really possible ? I heard a youtuber making video on it by using bitmex.... is it really a good option to trade on bitmex using 100x leverage? Seeing the risk/reward ratio it looks tempting but the risk looks far more haunting
Man this will likely take you years. You didn’t even mention going from 50 BTC to 100 BTC, lol. 1 BTC to 100 BTC is really a difficult thing to do and if you’re not careful you might lose the one Bitcoin you have even before talking of a hundred. The easiest way you can attain up to a hundred BTC in trading is if you’re able to purchase a number that is close to that and then trade with it. But with one. Bitcoin it is very difficult now that bitcoin is very costly. |
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Hey guys,
lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).
So my question is - do you sell now in order to get a cheaper entry soon?
I think you guys agree that there has to be a price correction in the nearer future...
Thanks for your input!
Okay I first checked when you posted this and it was on November 2017, so let me just assume that you were among those that made profit from the rush or maybe you didn’t , but I still believe that you did. Now let’s assume that you sold off at that price rate of 19k of last year and invested back at the rate of that 6k or 7k…then you’re supposed to sell out the time you saw that it reached 11k, but not all your bitcoin, just some of them or maybe half and then leave some with hope that price will go up, but if it doesn’t then you can sell out all and wait for it to start going up again |
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Hello everyone,
I am in crypto world from August 2017 and learn a lot and still have to learn a lot.
Let me share few things with you which are very important.
How to find weather ICO is scam or not
There are few things which we can check to avoid scams.
1. Do check their whitepaper , if you don't have any technical knowledge then you can take help from google to comes to know about project reviews because there are many website who review about ICO's
2. Do check their Team members, try to find their social accounts and do some background about them and their past experience.
3. Check out their Roadmap, check out discussion of projects on bitcointalk,reddit,telegram and other social channels.
4. Check their partnership details. Try to contact their partners to confirm it.
As once you select that you want to participate in ICO, then what you have to keep in mind.
1. No one from team member will contact you personally through telegram or other channels to contribute to you. Only ways of contribution are either through their website or that is mentioned on their website.
2. There are many fake admin profiles on telegram , they will personally message you and will give you contribution address to send ETH/BTC or whatever. Don't listen to them and ban them immediately.
3. Only trust official websites, Admin and team member.
4. you will get email from hackers , don't open them.
5. use 2fa and other securities to your accounts on exchanges.
Recently i get email from fake cryptopia exchange team that someone is trying to access my account. I click on that link and found that it was almost similar to real cryptopia link. So avoid these types of email.
If you have any question or need any help, leave your post below. I will try my best to help all of you.
Thank you and all the best.
I don’t think you have any problem with opening emails, I think when you will have a problem is when you reply to those mails. But if a mail looks suspicious you should mark it as spam immediately, that way whenever you get a mail from the same sender it will immediately go to the spam section and won’t be in your inbox. By the way you shouldn’t be giving out your email anyhow to people or sites online cause some of them do sell out users information to hackers and scammers, making you a target. So you always got to be very careful. |
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I created a 6 minute youtube video to explain why I don't like bitcoin, but let me sum it up. I see the us dollar as a debt backed currency. Banks create money through loans, which are in turn backed by houses, cars, and people's incomes. Everybody seems to think the us dollar is a faith based, or something, but I don't see it that way. I see it as a fully backed currency, not too much different from being a gold backed currency. Where am I wrong? https://www.youtube.com/watch?v=jujwQkhnoU8I think you are totally confused man. First of all, you said that you don’t like bitcoin and next you’re saying that you don’t like fiat too and that is because it backed by debt. What are you even saying? Okay, assuming I ask you what is bitcoin backed with, what would you say? Bitcoin is backed by fiat which we the people invest in it… yes, that’s true, although some people will disagree. And as for fiat, fiat is not backed by debt. Correct yourself, cause you’re totally confused. |
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All of us are wants to have a better life in future! Did you remembered when you are in school you always thought that you need to study hard to get a nice job in order to help your family and for you also to establish your own family. But at this generation you noticed that even though you are working with full time job it is not enough to make better way living. That's why you would try to look in another opportunities that helps you to earn more money for family. Do you think Investment in education is better or Investment in cryptocurrency especially in bitcoin is much better? Base of this articles which is better investment in future for you? Share your thoughts about this. Bitcoin is viewed from an investment perspective, it is more often compared to gold than it is to other currencies. That is because bitcoin and gold have a lot in common as assets. Both are limited in supply, have functional use and are considered by many, despite their volatility, to be good stores of value. When gold and bitcoin were compared as investments over the last five years, bitcoin greatly outperformed the precious metal, generating an annualized return of 155 percent compared to gold’s annualized loss of 6 percent during the same period. These exuberant returns indicate that bitcoin is getting investors excited about the prospect of placing funds into a brand new asset class. Bitcoin’s soaring value and its proven investor performance compared to the gold standard, are indicators that it is high time to weigh the opportunities and risks that come with investing in the world’s leading digital currency. Opportunities: Many argue that bitcoin, like other currencies, has value only because people perceive it to have value. It is for this reason that many critics view bitcoin’s price development as nothing more than a bubble. However, there are drivers behind bitcoin’s excellent returns that have nothing to do with hype or speculative opportunism. Clickk Here to view source link https://www.google.com.ph/amp/s/www.nasdaq.com/article/bitcoin-as-an-investment-opportunities-and-risks-cm740800/amp?espv=1 Why an Education is the Best Investment you can Make Whether you consider your education a right, a privilege or something you “just need to do” as part of life, you should always consider it an investment. If you think of your future professional life as a business, your education is an integral part in the overall structure and quality of that business. And it doesn’t matter if you end up working for yourself or someone else, the education element is an investment that provides the tools necessary for you to move forward and become successful. Every expert, leader and big shot in every industry started by learning the basic skills they needed to get the ball rolling, and the same will be true for you. The Time of Your Life Besides having a great time with new experiences, connections are the first reason your education is a worthwhile investment. Quite often, college years are networking disguised as fun. It may not seem like you’re making professional connections for the future, but it’s not uncommon to reconnect with the people you shared this experience with later on, especially in the age of social networks. Decision-Making Leverage Smart decisions are crucial for a business to excel, and getting a good education puts you in a position to make the right professional decisions at the right time. Being educated in your field gives you a sense of accomplishment and confidence, which enable you to make decisions with confidence moving forward. Career Boost It goes without saying that an education is a great investment if you plan to work in a career for someone else. Depending on your career choice, a formal education might be a must-have to even get into the field. But even if it isn’t, taking that extra step will get you started higher up the ladder and will help you move up at a faster pace. Future Security Security is a word you see come up regularly when speaking about education and employment. Whether you want to go out on your own or work for someone else, that education will be there to break your fall if something goes wrong or doesn’t work out. If you lose your job or your entrepreneurial attempt falls flat, an education means you get a second chance and it won’t take nearly as long to make it happen. If you think of your career and your financial life like a business, it’s easy to see why an education is the best investment you can make in yourself. Click here to view source link http://www.cestarcollege.com/blog/news-and-events/why-an-education-is-the-best-investment-you-can-make/Thank you! Education is a good investment at the earlier stage, and it will be useful for you if you’re able to grab something. I believe that high school is enough, as long as you’re smart and intelligent, and you know that you can survive through other means on your own without education, then why not quit and do other things ? I don’t know how it is in other countries but where I live, getting a job is a difficult thing and I know some people that are getting close to 40yrs old but still searching for job. Sometimes going further in education is a total waste of time. Some people spend their years in life, but after education, nothing happens. |
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I whole heartly agree. The enemy during trading is mostly yourself. Your fear, you love, your excitement, your hype, your sadness. Whatever you do comes deep from within yourself. That is why whatever you do, try to keep it sane and reasonable. If you are aiming for %1000 returns, thats crazy, can it happen? Yeah we see it happen with people during bull runs. Is it likely? I doubt so.
It is not common thing, aim for the %5 rise, aim for the %3 rise, get the small wins, combined they make a good return yearly. Be reasonable and sensible.
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Do you want to know how to become a trader or do you want to know how to become a good trader? Because if you buy and sell enough times over and over again than you are a trader. If you want to be a good trader well than you are in tough luck.
Trading requires a lot of knowledge and even learning for years and knowing every little detail you need to learn. In the end if you are not lucky you may lose. Some big whale can come ruin all the work you did and change the market somehow doing whatever he pleases.
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Put yourself a limit. No matter how much the streak continues, if you have a set amount you are willing to bet on and never go beyond than you can lose that at most. If you put yourself a 50 dollars limit everyday and bet on the place until you lose it.
The streak can be nasty and you can lose that 50 dollars in less than a minute but in the end you will go out knowing that you only put 50 dollars in the line like you promised. If you go beyond that than it means you do not have self control over yourself.
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I mean who would be considered a gambling expert? Is it someone who gambled a lot? Or is it someone who earned money? Or is it someone who played a lot and earned money? There is no experts in gambling aside from few. Yeah you can know the odds of a runner runner flush in texas holdem but does that make you expert? I don't think so.
I think gambling is not something you can be expert of. I have gambled for years now, I still get surprised when someone uncanny happens but than I remember its what the game of luck shows you, sometimes uncanny good odds of win, sometimes bad. Luck will not listen to expertise.
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I disagree. I have been gambling for years now and have always seen this as an entertainment rather than actually a way of making money. Unless you are the house or hit a big lucky win you will never win while gambling. I see the money I spend on gambling as entertainment value, sometimes I play somewhere bad I don't like or sometimes I get a bad streak and lose quickly at which times I feel bad but there are times I hit big win and just keep gambling with that amount for months and months. See gambling as a "game" and not a way of making money and you
will have amazing time.
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Because there are people who gamble all their money away thinking they can hit big. Thats the only problem. If you are going into gambling full on expecting to hit big and become rich overnight than you are going to be upset and start saying horrible things about both gambling and casinos.
No casino ever hide the fact that games are rigged to the favor of the house. Thats how the house survives. If you do not realize that already, you will talk bad stuff about them after you lose all your money.
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Economics as a school of thought is wide tho. You can't just try to calculate the future price of crypto world just by looking at the charts. You need to know the public that crypto attracted, you need to know the types of people that gets into this sort of things, you need to check the news, you need to see how people react to those news, you need to know the insiders and whats going on around the whales, you need to know the pshycology of people thats holding or buying/selling. Yes you do need to know how to read charts but that alone will not give you any of the other stuff I mentioned.
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Great FUD thread. Only siths talk in absolutes. You can never know the price of bitcoin in the future, if you could than you would be filthy rich by now. Anyone who knows the price for future should have known the past and take advantage of it.
Could it be 2k by the end of it? Yeah of course it "could" be, "will" it be? We will see, we can't "know" the price tomorrow let alone by the end of the world cup. This is purely FUD but dunno whats the reason.
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The best practice is to forget about wining or losing and focus on having as much fun as you can possibly have. That way you can focus on losing money slowly. This "losing money slowly" mindset will get you a lot of fun for very cheap. On todays world where even games are 60+ dollars and only give you limited playing time. Gambling with smaller coins and spending 50 bucks on gambling for weeks is actually a good investment.
If you are gambling to have fun, you can actually "win" in the sense that its cheap entertainment. If you play to win more money and get rich, you will both not have fun and get stressed and in return lose money that you may not even afford to lose.
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Trading in bitcoin and others digitals cryptocurrencies is a very risky venture and you are not to go into it with your capital without high knowledge in what you are doing. You should spend more time to learn and develop your skills than rushing into trade. However, remember the risky trading are the better profits you make from it.
If you see this as a risk than don't risk trading. I mean you don't have to, its not a must thing to do. If you can earn bitcoins and save them up. Learn a subject that can be helpful as a side income and take payments as bitcoins. That way you can keep earning bitcoin and put it aside without spending a single dollar on it. I think if you are not rich enough to not care about the money you invest (if you are a millionare you won't care about couple thousand for example) than there is no need to risk putting your living income on the line. |
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When they really need to. But they'll fight it hard! Apple's business model is to lock everything down -- very closed indeed. This does not align with the goals of bitcoin, at least, how I perceive them.
tl;dr Apple = closed. BTC = open.
First it was Amazon, now you guys have started with Apple, I also saw some others asking when Microsoft and Google will accept bitcoin, funny questions😏😏 do you need bitcoin in every thing? You don’t please. So why disturb everyone with this topic when you can easily sell your bitcoin and use the money to do whatever you want. You’re now talking like you do leave your bitcoin come rain come shine, after you will be the same person that will come back to complain about losing your money due to the fall. Humph… |
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I beleive through sucess in crypto world is to have enough knowledge to create and do such things that you can earn rewards and big profits to it,so we have to do research read lots of informations that you gather here in forums for you to be a successful one.
Making crypto successful in real world are not en easy task, but as I observe nowadays cryptocurrencies are succeeding little by little from being banned in some country and now some are accepted it already. For that in the near future we can see the results of nonstop and heartily advertising and promoting cryptucurrencies like bitcoin and alts. If we are really serious about our career and our businesses we should let these modern technological innovative sources because its investment benefits us a lot. The crypto market has both valuable and less valuable coins which are acting according to your handling. If you succeed in handling it with proper way then you will get success and if not then you will lose your investment like you lose in the traditional businesses which is a common fact. |
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It is getting popular nowadays because of ads promoting on social media done by bounty hunters and ico investors attracting others to join.. We can earn for real. In crypto if we learn how to get involve with it, how to use it and how to grow its value..
Cryptocurrency current situations are going bad these days about which people are presenting their own perception and most of the perceptions from common investors are negative but experts are still expecting the market for improvement. Actually experts are right about the market and its future because we need to think as well as the market has recovered many times in the past which recovered after downfalls. Similarly this time the market will not remain the same but will change according to the demand rate. |
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Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies. How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again? Lol, maybe others has given him a plan. You know the normal thing they do, and by the way he’s not the first billionaire to be investing money in cryptocurrency, there have been others, one of which I can remember. The normal thing which they do is invest money and withdraw once huge have made enough profits and convinced the poor investors to put in money. That’s why it’s good to have target and withdraw when you think it’s right. Some people are greedy and they are the ones that keeps on losing. |
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I recently stumbled upon a project called Algebraix and they brought up some really good points about data exploitation on their blog ( https://medium.com/algebraix-data). So it brought me to ask the question: do we really care if our data is exploited? With huge scandals like Facebook and Cambridge Analytica, this issue is brought into the lime light. I'm really curious if you guys care or not Yes I care! I’m not the type of person that jokes with information about myself or things that has to do with my personal life. It is very important to keep everything safe, you never know where your problem might come from. Giving out information that is meant to be kept secret can definitely land you in trouble that you will regret one day. Sometimes they can use all thee information you gave to them to track you. Some of them also sell out your information to other bad websites that will end up spamming your email. It’s very risky, so don’t get out information to anyone. |
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