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1021
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Economy / Trading Discussion / Re: Which knowledge is important for crypto trading?
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on: April 27, 2018, 01:02:17 PM
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I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
Of course, you should know economic knowledge, if you want to know deeply about trading. Then you should research this forum, so, bitcointalk can help you for any information about cryptocurrency. Except that, bear in mind before investing money to any coin, you should not invest the money which make you be in trouble in the future and you need to know all information related to the coin you buy. |
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1022
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Economy / Trading Discussion / Re: Trading FOREX or Crypto?
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on: April 27, 2018, 10:48:08 AM
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If you know both of them, you should do both. There is not much difference between them.
But, cryptocurrencies are a bit more risky and can be pump-dump with little money than Forex.
But, if we compare it for make profit, cryptocurrencies are more profitable. It is not so difficult to make money in the crypto, so you can also do it in Forex, but it takes some time.
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1023
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Economy / Trading Discussion / Re: How to start trading?
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on: April 26, 2018, 08:47:40 PM
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Hi guys, i'm new to the field, i want to start trading but i'm not sure where to start. What crypto can I start with for a small fund (<$100)? What crypto wallet can I use? Is there any legal or security issue that i have to beware of? Thanks a lot.
I advised to learn the basic knowladge before investing an amount. There are a lot of online sources that will guide you to understand the concept of cryptocurrency trading. Be careful about scamming on social networks and never send any funds to untrusted sources. |
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1024
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Economy / Economics / Re: Why is bitcoin stability important?
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on: April 26, 2018, 08:22:38 PM
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I think it is something that most trader will not want if it will be stable because, nowadays the reason of using cryptocurrency is its value. I mean, i don't think we will gain when it will be stable. Only governments will take advantage of stable Bitcoin's price. But if it is stable, it may be possible to use Bitcoin as a payment method.
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1025
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is better than gold
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on: April 26, 2018, 07:41:50 PM
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I can not understand why the price of gold is so high, because the reason of value of gold is that it is not much in the world. So, if you think iron was found in the earth less, it would be the most valuable metal.
But when we look at Bitcoin, we can clearly see the future money of the world.
Oil, gold and other worthless things will be valueless after the next 20 years.
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1027
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Economy / Trading Discussion / Re: Stocks or crypto ? which has great future?
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on: April 25, 2018, 08:41:32 PM
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If we compare them, i think, stock is more believable than cryptocurrencies, so companies will always be available and this is credible, but cryptocurrencies look a bit more like a balloon. If we calculate it by profit, it's in the opposite. You can gain more money with digital money and can even increase the amount of your money by 5x with cryptos.
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1028
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Economy / Trading Discussion / Re: The reason people do not want to invest in crypto
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on: April 25, 2018, 08:19:37 PM
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1. Blockchain has a long way to go to be a practical solution
Businesses will not miss the opportunity until the technology demonstrates its scalability. However, this can not be proven in the real world until the companies make the leap and produce a concrete result, not an experiment. Moreover, not all industries will benefit from blockchain, while other industries may face a costly and time-consuming conversion process so they choose blockchain over a network. now available.
2. Too easy to join
The real concern with a low barrier to participation is that there is no way to ensure that this technology will not become obsolete for several months. This is another reason why businesses have not implemented blockchain technology. Why invest in a blockchain while only a few months later will have a better blockchain next generation? Replacing and upgrading can be costly and time consuming.
3. Very few tangible means value of crypto.
One of the biggest misconceptions with digital currency is its mass acceptance of tokens, meaning that they are successful. Unfortunately, using a virtual currency does not necessarily generate revenue or profit for developers behind the token. Furthermore, blockchain technology tends to hold long-term potential values, not the token itself. Therefore, buying into a token that does not actually acquire ownership in the base blockchain does not make sense to the investor.
4. Tax situation is a nightmare
Investing in the crypto algorithm means that you need to track the increase and decrease in capital for each transaction. Even using your token to purchase goods and services will also serve as a taxable service, in line with the Tax Administration's tax guidelines.
Because, no one believe cryptocurrencies. Ex: I couldn't be able to convince my friends that crypto will be money of future and they can earn a lot of money. I think, they need a little bit more time for believe who not believe cryptocurrency, because, people are not ready for it. People began believing that Bitcoin had reached the price of 20000 USD and when the price went down, they lost their faith. |
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1029
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ripple vs Bitcoin? Decentralize vs Centralize, Who win?
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on: April 25, 2018, 07:54:10 PM
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In my opinion, decentralized crypto system is much more resourceful than centralized system. So, the reason of cryptocurrencies is private and most people use crypto for that reason. If we think logically, the central system is such a system that when they want to freeze your account they can do it. But, in decentralized system no one can do it and price change with nobody's finger.
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1030
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Economy / Speculation / Re: is this right time to invest in BITCOIN..?
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on: April 24, 2018, 10:18:12 PM
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Yesterday, today and tomorrow may be the right time to buy Bitcoin. You can only find the dip or high price with the analyzes you have done, for that you should analyze the news truthly.
And you've never been late, because the market is never stable. So, there will always be opportunities like this, and always try to buy it from the bottom and sell it at the high price.
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1031
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Bitcoin / Bitcoin Discussion / Re: Is bitcoin a better payment system?
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on: April 24, 2018, 09:18:23 PM
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The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Currently we can not use Bitcoin as a payment, because it is impossible to set up a payment system with a price changing between 7000-10000 USD for 1 day. So, think about it, you go to the store with 0.01 Bitcoin, but at the end of the shopping money is not enough and the prices are changing. I mean, it's a little hard to do this now. When Bitcoin's price will be stable, then maybe it can be used. |
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1032
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum 2k in 2 months?
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on: April 23, 2018, 10:28:46 PM
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Ethereum is second top cryptocurrency after Bitcoin and its share on market is about 15 percent. The price of Ethereum will grow over time without doubt, but, it is not safe bet, because of price velocity of market. 2000 USD possible in case of total market cap over than 800 bln. If market turns to green the Ethereum will pass behind 3 digit numbers.
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1033
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2000$ to invest
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on: April 23, 2018, 10:23:38 PM
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I recommend to invest in projects which already have working products. Mainly new investors are looking for bigger gains for a short time period, because, they only care about the profit they gonna to make at the end of day. It is mindless to ignore the facts about valatility of cryptocurrencies no matter why you involved in the sector. 2000 USD is good amount to start with small and far from media projects and it is your responsibility to make your homework before investing single penny.
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1034
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Neo, Why is it still falling?
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on: April 23, 2018, 10:18:43 PM
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There are a lot of ICOs involved in Neo, but why is it still dropping?
Because, the competition between NEO nd other projects are growing. After discovering new AI ICOs like Matrix the features of NEO are disappeared naturally. NEO is second biggest blockchain which accepts new tokens after Ethereum. It means NEO platform has potential to surpass other competitiors after few years. |
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1035
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Economy / Trading Discussion / Re: The Bear may be good for us
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on: April 23, 2018, 09:33:15 PM
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We are in a bear market, (granted, it's easing up a bit), but it's a huge dip, since we had the $20,000 ATH hit sometime in December 2017. So here are the Silver linings in the dark clouds..
More FUD resistance. Well consider this just like a vaccination. We all have that Fever that follows vaccines. But the good thing is it shoots up our resistance, our nerve. To handle bad news
Okay, at least with passing time, we are seeing less of useless forks. Why? I truly believe by next bull run, most useless forks will fail to gain use and market shares and would eventually drop off, and original ideas will dominate
No more shitcoin. Coins like bitcoin gold, diamond, platinum, sapphire, ruby etc etc. If this market continues for a 1 more month, we would be rid of shitcoins.
No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Mass adoption. Technology will advance. I With tech advance we will see adoption rates going up. Technology like Ripple, Nano would get some look-ins
The real HODLers would be shown. And this would show peeps that really believe in projects. Not just 'get-rich-quick' guys
Yes, and also the bear market shows us an opportunity to buy the coins we'd love to cheaply! The market will rise, I'm sure, but it's the time for choosing the "survivers" anf buying them for long-term! For Bitcoin long term investment is much better. In the past, the price was rising by 500 USD for 1 day, but this may not be happen today and for the days ahead. But, you should try a long term investment, so you should try this with a any potential altcoin, not with Bitcoin. If you want to earn money, this might help. |
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1036
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Alternate cryptocurrencies / Altcoin Discussion / Re: After a Bad Sell
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on: April 23, 2018, 09:19:32 PM
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing.
How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
This is a must for everyone. I bought Ethereum from 900 USD, I sold it from 370 USD, then the price started to increase and the current price is close to 650 USD. I did the wrong thing with Bitcoin, but it was a small amount. In my opinion, we should look at the future instead of sad to lose it. Because, in the world of cryptocurrency, there is always a chance to earn more. |
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1037
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Economy / Economics / Re: Will Bitcoin become a long-term trusted store of value?
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on: April 23, 2018, 08:56:01 PM
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Of course, it can be a long-term reliable value store. Not only Bitcoin,all of reliable coins can. But, i just wonder that why do you want to invest in the long term? So, short-term investments will earn you more profit than wait so long. In the meantime you will lose, that is, you have to be prepared for it, you have to manage your feelings and you will see the result yourself.
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1038
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Bitcoin / Bitcoin Discussion / Re: where you get bitcoin news every day ?
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on: April 23, 2018, 08:20:56 PM
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Bitcointalk, digitalmoney, bloomberg, there are many of them, just type in google cryptonews, thats it. News are similar site to site also
For me bitcointalk is some of the legit one that we xan have source of news on botcoin for everyday also in following some social campaign regarding on bitcoin also gives news for everyday. You are thinking right. So, on this forum you can find everything you need to know about Bitcoin and altcoins. Sites can also be useful, news and other things. But, in this forum you can even find articles on those crypto news sites. Even the new ICOs are spending most of their marketing money here. |
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1039
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Alternate cryptocurrencies / Altcoin Discussion / Re: BCH - Bitcoincash FOMO start again
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on: April 23, 2018, 08:00:22 PM
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I don't know what did you think, but I was expecting it. So, the price of Bitcoin Cash has increased a lot over the last 4-5 days and this should have been the end. For this moment is not down, but you have to take your precautions and i expect it to go down to 1000 USD in the next 2-3 days. As a matter of fact, the price of Bitcoin is not very good either.
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1040
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Alternate cryptocurrencies / Altcoin Discussion / Re: ICO Is Really A Good Investment or Not?
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on: April 23, 2018, 07:45:43 PM
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I'm disappointed in the ICO. I'm not investing in it anymore. became a lot of scams
You should not disappointed and you need to look into the future. You are saying correctly, the current scam ICOs are very, but it doesn't make sense that these are all scam. If you are here and you are telling yourself a trader, you should never give up. Other than that, you can get tokens or coins after ICOs are finished, which is the best time for get. As a matter of fact, the price goes down considerably. |
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