I think the four factors that could destroy you in trading industry are stress, hardship, frustrations , un patience because this for four factors is always in this kind of business you must know how to deal with it.
I think there are many things and factors that will affect the results in the trade of someone, an factor given OP is very influential, we often see people who lose because too greedy, fear, and so on, actually other reasons also affect, you're right have to deal with it to reduce risk |
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I fully agree with you. This is a great plus in buying bitcoin - in the long run it will still bring you great benefits.
For long-term investments, of course whenever you buy is not a problem because the price in the future will be much higher, but if you trade or short-term investments, then finding the right time to buy with good analysis is a must to do |
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One thing to say mining bitcoin consumes a large amount of electricity and it would take lots of equipment to manned the mining. There should be a development in making the cost of bitcoin lower; given that lower mining cost could yield a higher profit. However, it matters on trading and exchanges.
If you are a miner you should know something like this before. Mining bitcoin should have a lot of capital besides the cost of electricity should be considered, so you will know the profit in the future you can get when you start. Bitcoin reward mining is now smaller, while maintaining cost, electricity, and others are more expensive, I think mining will no longer be profitable in the future, you can see fewer mining sites than a few years ago, because currently people are more interested investing in altcoin, ico and trading |
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could be, but you should pay attention to the movement, because according to prediction if not touch 7800- 8000 the price will come back down, even lower than 7000.
but that's your decision I'm just suggesting to be careful
it is hard to fall again after market very confidence right now.we still have opportunity buying bitcoin.next resistance i think at around $8500.for next week bitcoin still show its power to run bull. it's just speculation, it could happen and not, maybe the price continues to rise because many people say that bull run has started, and maybe the price is back down because of some things, all possibilities could happen in the bitcoin market, keep calm and do the analysis before making a choice |
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i think yes if you provide your secret keys but without this no one can see your bitcoin and no one will know that u own bitcoin.
bitcoin is anonymous.
actually there is not any way to know you have bitcoin or not, you're right bitcoin have anonymous nature, so there isn't any identity that is visible, so anyone won't know which bitcoin address you are and how much bitcoin you have, no one will know that |
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At first i am afraid because btc seems to be a scam for me, without any physical form like the ordinary fiat. But after doing a research, i've found out the real about crypto. So i am not afraid to invest anymore.
maybe that's what many of outsiders think, we've been outsiders before and of course we're a little afraid to buy and invest because there's no physical form of the investment we buy, it's all digital, we're afraid of a scam? that is why they are afraid |
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Do people still ask such questions?
Well, it's quite obvious. The government does not benefit from this because bitcoin directly threatens the modern financial system. Banks will simply cease to exist. In the case of using crypto-currencies (any decentralized, not necessarily bitcoin), the whole sense of money disappears in banks, hence the world financial system changes. And to people now in power (capitalists) this sort of arrangement of things is generally not profitable.
Is it not obvious?)
Yeah, I think everything is clear that the government is threatened by the existence of crypto, the bank system that is already under the government might be less popular because of the decentralization system, from that system, the government might get a lot of losses becaus of bitcoin |
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I think this is due to the fact that not all exchanges are properly concerned about their security. You can force people to two-step authorization, then everything will be calmer.
there are some exchanges that force using 2fa for their users and I think it will be much better because someone's account will be safer, I think other exchanges must follow that, besides that the internal exchange system itself must be stronger so that hackers cannot enter in it |
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Nearly one billion dollars has entered bitcoin today according to cryptonic news item.This week has seen btc doing very well and all are excited.I know most people have individual plans for a moment like this,let's hear yours.
This is good in crypto world lets keep supporting bitcoin this is a positive news for we that hodl bitcoins, seems many enthusiasts keep saying that the bull run is near and the bitcoin will rise again and group of whales will entering again in crypto world. Look like so that the bull trend has begin, but still we cannot become 100% sure, because we always expect 1000$ increase or decrease in bitcoin price, the price is currently trading below 8000$, to me i think that when the price will cross 10000$ barrier then we may get some more confident about bitcoin price to increase more. It may have started with a small rise, but you can see that prices in the market more often rise than decrease, from that I believe that bull run may have started and my expectation of the price could reach $10k in this short time |
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This is your money and only you decide what to do with them. Do not listen to anyone, if you want to invest in bitcoin, then do so.
but advice is not a problem right, that's the reason why op asks, because a person's answer can be a reference for them, first the bank has some investment facilities such as savings with interest or long-term savings where you can not take it within a few years but the profit is not will be too big, different from bitcoin investment |
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It is worrisome when the price of bitcoin is so low. But I still believe that by the end of 2018 the bitcoin price will be 30,000 usd or maybe higher than 30000 usd
Don’t just worry brother. This all become fine and crystal. Just wait for some time. Although people are waiting from January of this year and still satisfactory results aren’t shown but still don’t just become loser and hopeless. Bitcoin trading is nothing but to become a patience boy. Else you can have so wrong and bad times. Better is to wait for the jump of bitcoin. Yeah you dont have to be worry, recover will definitely happen, you just need to be patient, because everything is just about time, now we have started to see signs of the recover, the price started up and we have reached $7k again, and will close to $8k, be patient |
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Decentralization is all what you need to hear, that is the main reason of why the entire world is craazy about the way that bitcoin works, and of course, the return that it has
Yeah you know all people want freedom and privacy, that's why bitcoin is getting more and more desirable because bitcoin gives it all, freedom in transactions without any rules at all, let alone your identity will not be seen, that's what makes the world go crazy |
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2018 is a difficult year for the crypto currency, more precisely for investors, the strongest will survive. Who has nerves of steel. But I am sure the growth will be very soon possible in the fall and so I keep and will keep the cryptocurrency on .  Thats right, maybe this year is a tough year for many investors and traders because the price declines by more than 50% in 2018, and you're right just a patient who will survive and make a profit. pump will surely happen dude just be patient |
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As an average trader and based on my own experiences the common mistakes and problems of the traders are:
1. Greediness - Most of the average traders are greedy they want to make a perfect trade and this is not good for making a good profit, If they see an trend of a altcoin they would enter in it and waiting for a very highest stage of pump that they wouldn't know when it happens so while they're waiting for it they would hold their coins or buy more because they expect that it will pump more and this method is high risk what if the coins will dump so fast? They would lose their capital not only profit.
2. Fear - This is connected to Greediness too, Fear can make you to lose capital too so if you're greedy and your coins value will dump so fast you would fear and results to panic sell so you lose some of your capital.
3. Patience - Panic selling results to lack of patience and traders want to make easy money or short trades that's so risky way of trading.
Yeah these three things really become a troubling specter for many traders, for now fear and patience become the main problem, especially when the price declines, many traders who fear the price is going down and harming them, let alone they do not be patient, of course everything will end with cutlose and they get lose |
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when the market down we should still be calm and not panic because if we panic then it will only make us lose, stay calm, control your emotions and think positive because the price will definitely rise again
I did this but the more I hoped, the more frustrated I would be and this year the market had never made me happy. The thing I want most now is that the Bitcoin price may reach $ 20,000 this year or my investments become more valuable but it will probably be very unlikely this year and people will have to wait more. be patient dude, price changes from bear trend to bull trend is not easy especially market in bear position trend in long period of time, of course need long process to make confidence of user back up in market, do not worry price will recover |
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Investment in education is the most important thing. Even if you are rich, you would lose all your money if you are dump.
I am investing my money with bitcoin for almost one year and i am really having a great income with bitcoin so for me investment in bitcoin is more better becaude when the value of bitcoin became $20k again many investor would be profitable. I know that the investment in bitcoin will be profitable, even if you do not have any intelligence, or any strategy, you just hold for a certain period of time you can benefit, but education is important, for formal work you need education to be accepted |
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I'm wondering same thing too. There's only one reason that come to my mind: They know they won't be able to ban or restrict bitcoin because of bitcoin's nature. If they do that people find other ways to buy and keep bitcoin unregistered and illegal way. It doesn't look possible for now.
Yeah, because decentralization and anonymity, it would make the government ban unworthy at all, because users can still freely use it, the government should know about it, and I think they should change the rules in order to be profitable for both |
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In my country the economy is growing because of the good governance . In the crypto we dont think what its happen maybe we lose or win but and myself crypto still grow and grower because of the purposes that can get with this. Always think positive and do more good to grow our economy wherever where you are.
Not always a country's economy continues to grow, there are many things that affect the economic development of a country, and the most influential of course is government policy, if the government pro-people of course the economy will develop, and for the crypto of course they continue to grow |
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There is no fixed time to distribute bounty coins as some ICO distribute their bounty coins after its closure, if you are waiting for your reward for so long, there is a possibility that you stumbled upon a scam.But I know, there are some ICO which since the end of last year until now not yet distribution
Yeah not infrequently they also extend their ico period to increase their total investors, do not just wait 1 ico only dude, because it will only bore you because of the very long distribution period, you can search other ico project while waiting for other ico to be distributed |
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I think, it is the right time to buy altcoin now because the market value is low. The coin can be acquired at a cheaper price in this time. If you are planning to invest for the long term. It is the right moment to invest in altcoin and hold your altcoins for long term for better profit.
we saw a few days ago the bitcoin price had declined a bit and finally ride back.my observations this month the price of bitcoin is already the preparation for the ride back.but up on the level of how rising we don't know yet. I do hope this is right because ever since the price plume rated and crossed above $7k, the market has been bleeding. The bleed is back once more. I just hope everything can at least see a fair bull run even if it's just for few months or even weeks let's see if the market will recover a bit. bleeding will last only a short time you can see the price back up again, here's what you should use, when the price back down, you should use it to buy, because after that the price will surely rise again, maybe now we will start phase pliers new, be prepared |
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