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4461  Economy / Speculation / Re: Why is a constant rise in the price of Bitcoin, important? on: July 15, 2018, 07:04:44 AM
For investors who tend to hold and make money or invest in cryptocurrency and let it rest there for a long time, it is very important that the value of bitcoin and cryptocurrencies to go up, because if it wont, then their investments would end up being counted as a loss, an increasing value of cryptocurrency also means increasing value of the cryptocommunity.
I see a lot of reason in what the OP said, but the thing with bitcoin is that nothing is predictable and not everyone can actually be a trader to know when they should be cashing out once in a while or not.

It is normal to see the whales doing their thing since it is a decentralized market anyway which makes it very easy for them and with this in play, we cannot always see a constant rise since everything is based on speculation. The only time we can get to see constant rise is when the demand is really there for a long time based on real life usage and not speculations.
4462  Economy / Speculation / Re: Dont Buy BTC Expensive, Wait. on: July 15, 2018, 03:27:22 AM
Oh, yes. You will have an opportunity to buy at $2K, then $1.5K. But I cant even imagune why you could do it. Cryptobbubble is no more.  The fair price is about $1800. Going straight there.
No, the price is low and we see that it is improving from few days which may continue to grow more in the upcoming days if it maintains its trend. So do not wait more in making decision of buying it or not, just simple invest half of the amount.

If the market recovers and maintains its position then invest more on the other hand if the market is going back again then wait for it so that you reach at the lowest value which is your benefit.
It does not even have to be half of the money. One can distribute them in percentage and based on the further level of decrease, keep loading up more. The thing here is that in the long run of things from this stage, any buying in for long position is definitely going to be worth it.

Nevertheless, I am sure this is only going to be done by smart investors as some even at $3k will still panic or get greedy waiting for more lows until they never end up getting it.
4463  Economy / Speculation / Re: Bitcoin at 20 000$ tomorrow? on: July 15, 2018, 02:26:02 AM
In theory, it's totally possible but in practice, I think you're just dreaming. And IF it happens to be sure there are some people and media who will jump on to say it is confirmed there is a market manipulation with all kind of conspiracy theories.
The recent days are showing us all the weak hands who panic and sell their coins.
In fact, with the way the OP put it, one would think of a possibility of something like that but one thing I have known about all these finance dudes is that they are always strategic in their dealings and highly manipulative for their own gains which makes me believe that even Warren will not just come up one morning and buy everything at once to move the price upward but would rather keep accumulating until he is able to get a huge ground and position in the market during accumulation first which is how I believe whales play their card.
4464  Economy / Trading Discussion / Re: Why bitcoin will go down below 6000 (explanation) on: July 14, 2018, 03:10:26 PM
So far I agree with your explanation but it's too early to give up and panic. Bitcoin is normally has a volatile attitude to counter it just trust and advertise more bitcoin so that many investors are getting involve.
I do as well because if we really want to look at the way things are presently, it is becoming glaring that history is actually somehow beginning to repeat itself. We still have a long way to go though, anything can change at any time, but for now, we sure are on the track of history.

Nevertheless, this does not change anything and we probably are going to be hitting it anyway based on lot of technicalities, so I guess we will have to wait and see how things would evolve.
4465  Alternate cryptocurrencies / Altcoin Discussion / Re: Neo Making A move on: July 10, 2018, 01:53:42 PM
Yeah, but I would not bet so much on it until I can see some uptrend possibilities with a higher high and low, but whichever way, I am so sure NEO is going to be giving a lot this summer in terms of an upward movement. 200 usd is a lot anyway as I would not be hoping for that huge amount, but the way I am looking at it prepping up, I can see something way above $100.

I may be wrong, I may be right, but I guess we will see with time where it all ends, but whichever way, it is still going to end up being a win anyway.
4466  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can Cardano Price Reach $ 10 in 5 Years? on: July 06, 2018, 05:51:50 PM
Been wanting to have this cryptocurrency in my portfolio since i got to know its usage. While the market is down, it's expected too that its market price falls down too which is a good time to invest on it at 0.14 cents as of now. And if it reaches 10$ five years from now, that's a very big amount of money already.
If you really want to, now that the market has been down hugely for a while and in the oversold state, you may actually want to start considering accruing some. Although, we cannot say how low the market can still go lower as it is still in its downtrend anyway, but for now, I still see it as a good price to take advantage of for those who may actually want to be looking forward to a very good profit when the whole market recovers which I believe ADA will do to and $10 in 5 years is something I would not doubt at all.
4467  Economy / Gambling discussion / Re: Gambling vs. "leveraged" trading on: June 28, 2018, 05:06:18 PM
Both trading and leverage trading can be compared to gambling. The less you know what you are doing and the more you are relying on luck on how you feel the market will go, the more of a gambler you are. The difference is, leverage trading is similar to gambling when you borrow money, so you can bet higher amounts. You can win more but you can lose faster as well.
Precisely, leverage trading compared to gambling all I can say is worst in gambling. There's no assurance in gambling but in trading maybe you have a chance. If I rate them in my own the lowered one is gambling, pure luck base on gambling but in trading, you have a chance by searching and make a study of what coin you trade for.
For me, these two things are very risky, so I will not engage of these of strategy in earning money.
I don’t know how can you compare gambling with trading and leveraged trading? Trading is far better than gambling because it is business and the source of making more and more money while gambling is the way of losing your earned money. It will take to into debts and you will never be able to pay those debts till the end of your life and finally you will suicide.
The good thing about trading is that you have all it takes to be a winner most of the time and even if you are losing, you are just losing small.

I understand a lot of people consider margin trading with gambling, but that depends on each individual and how they are going about it which indeed some people are actually gambling than trading anyway since they simply have no strategy and all they do is guess work, and that is not different but in the case where they are doing it professionally with great knowledge it is a lot more than just gambling.
4468  Alternate cryptocurrencies / Altcoin Discussion / Re: I will never join AirDrop programs any more on: June 24, 2018, 09:01:53 AM
I do not see any reason now to waste time and participate in airdrops.  It is better to participate in the bounty.
It is really a waste of time since you will even have to do some huge activity in most of them, no matter how little and end up getting peanut for it, but like they always say, it is free money but I feel for those who really value their time, there is really a lot to do with that time than to keep wasting on things that are irrelevant as the case may be.

There is no time to waste on just so little in this space and better to utilize it well than end up regretting it later on and like you said; bounty is even a better way to go.
4469  Other / Off-topic / Re: Backup is important on: June 24, 2018, 04:37:43 AM
If you have forgotten the information you just traded and do not have the backup feature, it is difficult for you to lose the data you need to know about important backups.
No way to recover the funds that has gone it's private keys, it's not only difficult but there's no chance of getting it again.

Getting back ups like what the recommendations here will suit someone that wants to be safe with his funds. Also don't mess with websites that are asking such important answers including your funds, leave those sites immediately.
Private keys are even totally different things here and for this reason I decided to print out my private keys and put them in a much secured environment while I also saved some on my email since it is the easiest to access at any point in time with maximum security on my mail.

With respect to the 2FA that the OP mentioned, I really do not expect that to be a problem since the like of Authy has a backup program inbuilt within the app itself and that makes it easy for anyone who ends up losing their device to retrieve the information present in the app back.
4470  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: June 23, 2018, 05:30:53 PM
I think when they invested in high bitcoin and now it has fallen, they claim that it is true, losing money so they do not control themselves, do not think carefully that they fall into the bottom of the field abysmal.
Well bitcoin ups and downs is very normal because of volatility I think they need to control their emotions not to become panic in this situations because if they become panic seller for sure they will lose more but if they know what to do they can be a winner in the end.
The issue is certainly not everyone understood the volatility of bitcoin before even investing in it.
As long as that is in play and a lot of them are looking forward to getting rich pretty fast, then that becomes a huge problem.

The thing that is important in this space is to always utilize every moment to your advantage, if you ended up buying at the peak, wait for the dip and buy more which is as simple as it gets, rather than being terrified. Bitcoin will recover and there is no doubt about that.
4471  Economy / Speculation / Re: Bitcoin - Game over on: June 23, 2018, 02:48:07 PM
The bubble was inflated by users themselves. But what next? This will not lead to the death of bitcoin. Someone lost their money, someone earned. The balance in the network is maintained. Bitcoin is still attractive to people in the first place the opportunities it offers. Price this is the second time.
It was obvious this would be something to expect during the bubble phase we got into last year. As long as a real demand based on intrinsic value is not driving a market but just some level of speculation and manipulation, then it is a bubble. Bitcoin itself is not a bubble but it was bubbled and that bubble popped earlier and we are still in continuation of the burst of the bubble. It is hard to know how low this is going to get for now, but we have to wait and see.

I never accept that conclusion of "game over". We are still in the beginning of game of new history of human race. It will not end up in near future as it is evaluating itself to adopt the changes and advancements hence just a price drop will not write the last chapter of bitcoin's era.
4472  Economy / Speculation / Re: Dont Buy BTC Expensive, Wait. on: June 23, 2018, 08:52:38 AM
Can all the people telling others what to do please list their qualifications to do so and provide references? I'd also like to see a timestamped trading history too so I can ascertain how skilled they were at making the right calls in the past.

Looking forward to the documentation, thanks.
I cannot stop laughing with that question Grin. People tend to give advice but they really do not even have what it takes at all to give any advice which I believe they cannot even advice themselves to even make the right decisions. I really will be looking forward to that documentation as well. People just feel they can easily find recognition trying to just assume everything for the market but in the real sense, they simply do not even have what it takes to do so.
4473  Alternate cryptocurrencies / Altcoin Discussion / Re: I will never join AirDrop programs any more on: June 23, 2018, 07:18:52 AM
I have already joined hundreds of airdrops but I got nothing until now. I will never join AirDrop programs any more.
- Each airdrop rewards only some token, that its value from $5 to $20 (calculated by the ICO price)
- Most of the token are dead now (just spammed projects or shit coins)
- Some tokens have been listed on Coinmarketcap now but the token price is terrible low. The value even equal to the transaction fee if I send the tokens to exchanges.
The problem is you are looking at it the wrong way, doing it the wrong way and joining airdrops for the wrong reasons.
Firstly, this is free money which you really did not work much for, so you should not be angry that the value is not what you expect now. Secondly, airdrops are just a way to build a community of holders, and if you get that idea, you will know better.

In terms of doing it the wrong way, you have been concentrating on just getting airdrops, but you have been concentrating less on getting actually from projects with at least possibility of great future in the long term.
4474  Alternate cryptocurrencies / Altcoin Discussion / Re: Best source to find better ICOs? on: June 23, 2018, 04:40:09 AM
Yourself. Do not trust anyone on the internet.
I wonder why people look for sources to make decisions. Yes, sources can help to filter out some of the ICOs you may want to look into since the space is filled with a lot of ICO and trying to get a glimpse of what to invest in and what not to can take a lot of time.

Nevertheless, with some review websites like ICO bench, you can get to see what people are talking about or what is being listed, do further research on those ones, and see if it is worth investing or not.
4475  Alternate cryptocurrencies / Altcoin Discussion / Re: Market can be manipulated? on: June 22, 2018, 06:57:13 PM
I think manipulation is possible. Previously, there had been news manipulation. Maybe it's one of them. In any case, I think that if now manipulations to reduce the price, then in the future there will be manipulations to increase. I don't care, I just hold.
Manipulation is not just possible, it is being done. Wash trading, spoofing, name them are all being done across exchanges. Do we want to talk about how the media is being used daily just to send wrong messages and even false ones to the space and you get to see people and traders acting on it pretty fast.

All those things are being done in this space already and it is a good thing that the government in a way is looking into it, but the hard part is that it is not globally regulated and with all the exchanges thereabout, it would be hard to implement.
4476  Economy / Trading Discussion / Re: I wish I dump all the BTC in late DEC 2017 on: June 22, 2018, 03:42:03 PM
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..

Oh come on.
What if I bought BTC when it was under 10$ and sold it when it reached $20k?
You didn't know what will happen, made the wrong decision and that's that.

Exactly, no one knows when we were going to see a reversal in the price of bitcoin, we knew it was close but that was it, besides as long as you bought your bitcoin before October of that year you made good profits, I have been holding for longer than that and even with the crash I am sitting in some good profits but with the price this low it is obvious I'm not going to sell now.
That is why we have the trend anyway but one thing I know is that there is actually no way we can know what is coming and what is not which makes it very hard to know what decision to make most of the time and most especially when one is not a trader in the market.

However, holding is never a problem for those who do not always know what to do in the market since there is no way a market will never reach its bottom and bounce back from there anyway, which makes me believe that the best thing to do is to hold and buy more in the cases of dips in the market.
4477  Economy / Trading Discussion / Re: Help! Growing $200 to $5000 in 30 Days on: June 22, 2018, 02:38:52 PM
I'm in a fix! I took a quick loan to invest in a certain business that went really nasty. Used my only car as collateral. I only have less than a month to repay. In a nutshell, I need $5000 in less than 30 days. Got only $200 remaining. I know this is quite challenging but...I'm desperate. Any ideas on how to grow my $200? Cheers!
Sorry to disappoint you but I don't think you will be able to multiply your profit 25 times in just a month.
Crypto market needs time, generally it takes 2-4 months to earn profit from your investment.
Unless he even gets lucky and he ended up investing in a coin or token that ended up shooting a lot high to the level of a 25x which I doubt is something to even expect with the way things are now and would be a very tough luck to even expect something like that to happen at all.

The problem though is that for someone like him, he does not even have the trading knowledge to even know how to at least have some increase and he is busy looking for very huge and quick profit in a short time, one reason for failure in this crypto world.
4478  Economy / Trading Discussion / Re: Quit cryptocurrency trading its not for you! on: June 22, 2018, 11:22:05 AM
well this is true at some point, if you are just a newbie you can not expect to make millions of dollars because it is not going to happen, that is the main mistake from most people
Any newbie that is even expecting to start making something huge immediately from trading is joking and that idea of wanting to get rich pretty fast is what has put a lot of them in jeopardizing their investment in the long run.

Trading comes with a lot of attention to details, learning and trying to find ways to do it better but as it is, so many newbie traders do not always want to go through that path and feel gambling their way through they are all aware of that trading will be better for their efforts. We never need to quit trading and if we are not good at trading then taking some rest may be a good solution for finding ways to make money with trading.
4479  Economy / Economics / Re: Binance about to offer Fiat-Crypto Trading. on: June 21, 2018, 07:27:03 PM
I think this will happen eventually, bittrex has recently introduced this system which is a very good sign that crypto will be adopted. so this is very good news that is likely to happen. and yes a backbone for another big bull,

I do not trust binance this time, i have colleagues who actually invest cryptocurrency on binance and there is one issue occur which they lost a huge amount of their coins due to the system fails when the price of cryptocurrency has drastically changed.
The value of a cryptocurrency drastically changing is not supposed to be on binance. This is a market, if the value drops and your friend ended up losing a lot of money based on some pump and dump, it is just the market your friend is holding, so rather than trying to shift the blame on binance, maybe you should ask your friend the shit coin he was holding.

It is necessary for you to know that this is a decentralized market and you do not want to be holding a coin with no team or project.
4480  Other / Off-topic / Re: Backup is important on: June 21, 2018, 06:56:00 PM
Good day, just want to share my experience,
I am using 2fa as my security in my emails and exchange accounts, so one day I nearly lost my phone and that phone holds majority of my pins, 2fa, etc. so I thought I lost all, luckily I found the phone. So now I'm thinking of buying an extra phone for backup. What else do you recommend for backup?
For most of the 2FA applications at least for authy, it allows you to back up all your stuff with a password which I believe with your username and your phone number, this can be retrieved easily, so I have never imagined that to be a problem in the case of me losing my phone as long as I remember every single details of my email account.

It is good though having an extra phone as a backup in cases where you end up losing one and that is reasonable as there is no harm in it.
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