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Economy / Trading Discussion / Re: 5 Reasons why I am buying Bitcoin!!
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on: December 13, 2019, 08:04:46 AM
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A quick summary of what the five (5) reasons are: 1. I Listed Bitcoin Halving 2. I Mentioned all these Powerful Figures speaking out about Bitcoin (President Trump, Fed Chairman, and Jamie who is the Chairman for JPM and Chase) 3. I mentioned the recent reports on Bitcoin ATMs growth. And Included the chart with the data. 4. I mentioned Facebook Libra coin and some of the big institutions that are onboard. 5. I mentioned the current chart analysis of BTC/USD and how we should buy when everyone is in a panic. You can read the full article at: https://goprimexbt.com/2019/09/28/5-reasons-why-i-am-buying-bitcoin/Thank you and please take part in the poll. Hi! Thanks for this. Another reason I’d buy Bitcoin now is because we’re coming up to a halving in May 2020. Historically, there have been bull runs around a year after a halving event (2013 and 2017), and this one could be the most exciting one yet. |
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12
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Economy / Trading Discussion / Re: Where you take inspiration when you tired from trading?
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on: November 26, 2019, 09:08:52 AM
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Where you take inspiration when you tired from trading?
i hard to say when you sometimes tired from trading or have stress from ico or lose part of deposit. What you do to relax refresh youself and get inspiration for new trade. How much time you need to refresh youself for new hight.
Honestly, I just take some time away from the markets to refresh. Sometime's things can feel a bit overwhelming so I get off social media and try and focus on other things. |
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14
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Economy / Trading Discussion / Re: Bitcoin: Long term prediction.
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on: November 26, 2019, 09:05:11 AM
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I think this prediction coincides with what many analysts are saying - halvings generally lead to bull runs later on. With the next Bitcoin halving in May 2020, we can almost certainly look forward to a bull run in the near future. |
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Economy / Trading Discussion / Re: Traders who never bother to learn how to trade
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on: November 26, 2019, 09:04:05 AM
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It pains me to watch new traders jump in head first without first learning what to do.
Some are smart enough to go at it with just a tiny amount of money at first...
...but most don't.
Only a tiny portion of new traders actually put in the effort to learn the ropes before they start.
Maybe the thought of having to do all that research themselves is overwhelming, and they’re not interested in investing in their education either.
Whatever it is, they're setting themselves up for failure.
It doesn't matter if you're a natural, if you don't learn about what you're doing, success is a gamble with terrible odds.
My cat is a perfect example of that. Cats are purpose built to be the ultimate killing machines, but my cat has no idea how to hunt.
She tried to chase after a spider this morning, but spent more time dancing around it than actually swiping at it. Plus, she constantly lost track of the thing and would start to wander off.
She's not the smartest cat on the block by any means, but the reason she's a terrible hunter is because she never learned how to do it properly.
If I didn't feed her every day, she'd be toast.
If a cat whose nature it is to hunt can’t do so without being taught, what chance do traders have without solid education?
Statistically, 96% of traders lose money or give up. How many of those never took it seriously enough to truly learn?
The only way to beat those kinds of odds are to give yourself every advantage possible.
That includes taking the time to study and learn.
If you've made it this far, and you haven't been taking trading seriously, remember the old saying, “Time is money, and money buys time.”
Are you maximizing your time?
You're absolutely right - it's crucial that new traders do enough research and educate themselves. Too many people jump in without even knowing the basics, and make huge losses. |
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17
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Economy / Trading Discussion / Re: Altcoins or Bitcoin?
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on: November 26, 2019, 09:03:35 AM
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The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
I'm not a Bitcoin Evangelist, but at this point in time I'd probably hodl all Bitcoin. Given the choice though, I'd rather hodl multiple coins and keep a diverse portfolio - it just makes more sense. |
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Economy / Trading Discussion / Re: So traders, how much You lose?
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on: November 26, 2019, 09:03:03 AM
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So Everybody like to talk about winning and profits.... But traders honestly how much You are losing? Daily weekly Monthly?
Im sure the Beginners lose coz of FOMO.
You're absolutely right. We've definitely fostered a culture in this community where we only talk about our wins. It would be interesting to see more people talking about their losses. Also give us a chance to learn from each other. |
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