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We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
That is true,experience is the best teaching tools in doing trading. Always don't panic if you see the price of your coins decreasing just wait a little while and you will see the price increase again. Experience and patience is you need to become a successful trader. |
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is it possible to trading without capital?
Without capital here means without money that come out from your pocket as capital.
If possible, i want to learn from very small thing in trading, yes without money on my pocket or my bank account.
Yes it is possible not to get money in your pocket as your capital in doing trading. Just work first to earn bitcoins or token try to join bounty campaign or join in airdrop then from there you will get tokens that you can use for trading. |
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As a new kid in the cryptocurrency world, we often have our share of first mistakes in trading which helps us to be able to become better and wiser in the next transactions. What are these usual or common mistakes that newbies commit?
Selling immediately their coins even in a small profit. It means that there is no knowledge in doing trading that's why they buy coins that has no potential to grow then sell at a lower price abd the result is lost. |
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Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
If you have a lot of time to spend in trading then you can do it because trading is profitable for short term. It is like you are just playing a game in an hour but remember that doing trading is risky. Be sure you have knowledge about trading and you learn how it works with out a lot of losses. Holding is good for those that has another job and just do crypto as their additional source of income. |
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as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
Dollar and bitcoin has a different value and uses. Dollar is stable than bitcoin and it was a our national currency while bitcoin is just a digital currency which is best for investment. I think dollar is just a conversion rate of bitcoin just to see the value of bitcoin because it is digital. |
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To manage the risk is to have enough knowledge about investing in cryptocurrency. It could be a great help to lessen the risk if you know how to handle it. Make sure that you have a plan to avoid losses and to minimize the risk you should take.
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Simply because bitcoin can give a bright future,bitcoin can give huge profit,bitcoin can make you rich,bitcoin can give you work;bitcoin can make you success and achieve your goals in life and bitcoin can you freedom in investing and earning profit. That makes the world crazy in bitcoin.
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I have read several posts on this forum where people have claimed to have invested all the money they have on Bitcoin, I also read a post where a guy claimed to have used all the $20,000 his uncle gave him to also invest in Bitcoin, some even sold their landed property. The reason for these risks and others is the firm believe that Bitcoin would be $50,000 - $100,000 by the year 2019 or thereabout.
First, I must say that I admire the courage and high risk appetite of such persons. But, I must also warn.
Yes, It is good for everyone to have high hopes for Bitcoin, and also hope it gets to 100k USD in future, but you should also consider a safety factor in anything you do including investing.
Mathematically,
DO NOT Assume,
P(Success of future term) = 1 ; and
P(Failure of future term) = 0
This implies that, you must always leave a little fraction for probability of failure which in this case is the safety factor, no matter how little the fraction may be. Simply put, you don't have absolute control of what happens to Bitcoin and Cryptocurrencies in the future.
Invest wisely, only invest what you can afford to loose
Just a piece of advice.
What are your own suggestions?
Maybe those guys that put a big amount in bitcoin and altcoin as investment are not just a brave and risk taker person but they are also accept to themselves if ever they got lost or failure on their investment. Maybe they can afford to loss those big amount they put as investment. But you are right investing in crypto are so risky in one snap you may win or loss. Be careful in investing and try to segregate your capital investment not just in cryptocurren y but also in real state or something investment that you think you will earn profit like in cryptocurrency but more stable and low possible risk. |
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Of course when you enter in crypto world you should know that you enter in the world that full of risks. Well,in everything we do there is always a risk that we should take. Investing in crypto is not a joke or a simple play that if you fail or loss something you invest it is ok. You should be brave to fight and take all the risk if you want to be successful in crypto and if you want to earn more profit.
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
I think bitcoin still not yet reach it's goal as digital currency because it was not accepted and recognized in other countries even bitcoin is very popular. Aside of being the best digital investment i know that the goal of bitcoin is to be accepted and use all over the world but it will takes time before it will happen. |
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I have a lot of tokens of that i I earned from different bounties but I do not know how to sell them on exchange or how to check that any of them is on already on exchange or not?
Anyone help me here?
Explain the whole process please?
Join in telegram group to become updated about the exchange of your token or simply check the possible exchange your tokens will be listed. If you want to sell your tokens on exchange where it was listed just follow the step or guide how to make deposit and withdraw. The very important is you know how to read and understand and everything you can do. |
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it seems like Bitcoin is ready to pass 7800, how you feeling about this?
Bitcoin will increase more i believe it will reach more than it reached last year 2017. And we saw now that bitcoin rising slowly from so many dumps on it's way. Bitcoin will remain valuable in the field of cryptocurrency. |
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How to choose the right tips for choosing a good project?
Choosing a right ICO is not easy. You need to make a research about their project,know the purpose of their project,read their whitepaper and know the team holding this project. You should be careful in selecting an ICO because mostly are good in front but at the end their project failed. |
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If the one country or government regulate cryptocurrency and put a rules and regulation to be follow including taxes then people has nothing to do about it but to comply this rules. Paying taxes is just a little amount than to have a big problem because you violate the rules and gain some punishment. Obedience is the best policy and there is no problem about it. Government also use this taxes for the improvement of our country and be happy to be apart of that because you pay your taxes.
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How much money are in the world? And how much money can Bitcoin be worth? in comparation to that.
It's a broad question with a broad answer. Maybe you can go to the government facility that makes money and ask them how much money they print out? Oh...no...! It is really difficult to answer that because there are already a lot of money printed out every year. You can't trace the money of a whole world. I think even a genius can't count the money of a whole world. |
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Bitcoin has a bright future and it will continue to improve and develop for the sake of all people using using. The value of bitcoin is very significant for every investors and whatever may happen to the market bitcoin will remain valuable coin in the world of crypto.
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I think other countries not yet ready to adopt the new technology carried by cryptocurrency but i believe soon they will recognized crypto and accept it. Also crypto is decentralized,maybe theyvare just preparing to regulate cryptocurrency before they are going to use it on their country. Every country has a different problems,strategy and plans for the good and development of their country.
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
I think it is wise to invest your savings to gain more additional profit but it is also necessary that you have savings just sleep on your wallet to use in case of emergency. It is not bad if you save 10% for emergency purposes and invest all the rest. |
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There are factors that affect crypto price and bring it to dump but it times like this never worried. Crypto market is volatile ,it will pump and dump anytime base on the supply and demand on the market.
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I have been following bitcoins for the past 4 years. i am an Enginner. i remember how bitcoin was introduced to Me. To be honest, i was thruogh ponzi. i used to deposit over 0.1,0.4 to earn 0.7 to 0.9 bitcoins and i made a lot of Money. then, suddenly i decided to go for the killer jackpot and stack all my btc for once. i can remember clearly when a friend was advising me NEVER TO PUT ALL My eggs in one basket. i refused to listen and insist that it is only by strong will can one survived.
Unfortunately I LOST EVERYTHING. IT was my life saving. Both my earning and my interest.
To cut the story short. i borrow money form the friend that was advising me not to stake everything. i need to pay back. But i will never depart from my lesson learnt from the bitcoin stuff. i bought another bitcoins last year august and keep it away from anything. i strongly believed that i will still get my money and my friends money.
Thanks to the current Market, I HAVE TO SELL EVERTHING TO PAY MY DEPTHS.
NOW I AM FREEEE.
It is the proof that a person can be a better one after his/her failure. And success comes after failure. Failure is your key to move forward just stay positive that you will survive whatever happen. Sometimes also failure is the way to make a better move next time. |
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