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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to buy again?
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on: October 05, 2017, 02:48:43 PM
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Current price is good to buy some bitcoins as price will start increasing as we get closer to the end of the year so I am planning to buy some bitcoins in coming days and will hold till it reaches to the price of $5k which is expected at the end of the year.
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Economy / Trading Discussion / Re: How do you decide when it's time to sell?
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on: September 14, 2017, 08:06:28 AM
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i decide to sell my altcoins. when i noticed that i have a good and high profit to me. when i realized that the value of my altcoins doesnt rise high more. and lastly i decide to sell my altcoins when i really needed money. even if it low or high when i need it then i sell it.
your step is very precise, you must sell altcoin when it is good price and is in need. holding the coins too long is also not good because at any time the price of coins can drop drastically so when the price has reached the highest point better sold. You have rightly said. Holding the Bitcoin for quite a longer time can result in loss but it can also result in having a lot of profit as well. I think if you want to play a safe game, then better is not to go for long term holding. You need to have something in your mind that you will sell you Bitcoins when this much profit I’ll be getting. Holding is good but it can go the other way too if the price of bitcoin crash in future then your holding would go in vain so the best thing would be to sell your coins when it hits your target price as getting too greedy can also have negative impact on your profits so better to sell when price goes higher and buy it back when price drops. |
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Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ?
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on: September 11, 2017, 08:44:32 AM
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I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Investing in bitcoin itself is a risk like we know, infact investing in any form of business is a risk because you don’t know what might happen in the long term, all you have to do is just to be hopeful and determined that the best is going to happen. Every investment is risky but still we can have faith in bitcoins that it will not disappoint us in future and if you can manage to hold your coins for a long term then it will only give you positive results so I am willing to take that high risk of investing higher capital in bitcoins to earn very high profits in future. |
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Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays?
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on: July 05, 2017, 12:00:07 AM
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Joining signature campaign are indeed a good source of bitcoin not really high in terms of profit but theres no risk just do what ever rule in that campaign, and for me trading is really a best source of bitcoin it allows you to make your money doubled for just a weeks if youre tough enough though its risky but the return is really high.
Yes signature campaign and trading are the best ways to earn bitcoins and if you are good in trading then you can multiply your bitcoins in very quick time and no doubt trading is risky but after gaining knowledge it will become easy for you to analyze the charts and price movements. |
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Economy / Trading Discussion / Re: Does Bitcoin have a future?
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on: July 04, 2017, 10:23:44 PM
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From a speculative point of view, yes.
From a real usage point of view, it's a bit more questionable. I still spend BTC where I can, which is more often than some people seem to think.
the speculations come from the people and they are the saying of the people who have spend time in bitcoin and experienced many events in bitcoin and have studied bitcoin. Based on that things they can predict the future of bitcoin and as every user of bitcoin is of the view that bitcoin have a future then it is right. Bitcoin has started to grow now and its also gaining attention from many countries and they are showing their interest in adapting bitcoins and if the same thing continues then we can expect much higher price as higher demand will led to higher price of bitcoins in future. |
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Economy / Gambling discussion / Re: Trading vs Gambling
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on: July 04, 2017, 10:21:19 PM
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I gamble and trade USD to BTC and vice-versa, gambling and trading can be very close sometimes if you trade randomly and will have no difference to gambling in general, but using indicators and trying to predict using news and the like can make it a little different.
As a gamble he can do trading, but as a trader we only use the tricks to save the money, Tricks means skills. A gambler can afford a every lose but as a trader, we can't afford and accept the big lose. But about the differences of gambling and trading, then i will choose trading is better. Because trading not always give us lose, but gambling if we play it with randomly then sure we could win only 1% from it. Yeah the success ratio in gambling is very low and majority of times results will not be in your favor but in trading if you have good skills and strategies then you can make good profits at regular intervals and even its less risky in compare to gambling. |
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