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421  Economy / Trading Discussion / Re: Knowledge needed for the trader wants to become professional on: October 30, 2018, 06:51:52 AM
After that long story,this only leads to one important thing in crypto trading and that is being Knowledgeable in every aspect since this is not a joke because this involves our money

You have lots of idea shared and it is a big help for the beginners.but tp make it more easier try to make shorter advices so they can learn faster
It is not a matter of day or two to learn trading. People have learnt how to trade and when to do so at the cost of their huge investments that were lost in the start of the business. So this is a journey of learning practical things that is the reason so many billionaires are old and aged.

One has to make sure each step goes good and in the right direction and any wrong decision can make you face loss but the loss brings experience and the same faults are never repeated again. This is how learning about trading reaches a point of perfection.
422  Economy / Trading Discussion / Re: Hackers ? on: October 30, 2018, 06:14:31 AM
In the social network, there are many people doing honest work, there are also many people working dishonesty, people call it a hacker. Because the crypto market is very large, there are also many hackers on the local network. But also the security of the bitcoin network is much tougher. Others say that "do whatever precautions you can to prevent the worst of your success by trying to understand it" so your development of bitcoin in the crypto market is very good.
Hacker’s activities are still in the crypto market and they find new ways to hack systems in order to steal crypto coins especially the Bitcoin due to its high value. They want to enrich with Bitcoins but the way they are using is wrong, they can also do the same as we are doing which would be very good. Unfortunately, few days ago hackers in Japan stole millions value of Bitcoins and this all happens due to carelessness.
423  Economy / Economics / Re: current situation of cryptocurrency for 2018 on: October 30, 2018, 05:43:11 AM
The current cryptocurrency situation are really ugly and many potential cryptocurrency investors are getting away from crypto because it is ugly.
Current situations are favorable and may not favorable as we know that there are two major processes take place in market that is buying and selling process. People who are buyers in the current situations are happy and situations are favorable for them.

On the other hand, people who have coins and holding for future market are not happy as the market took a long time to recover that is why situations are unfavorable for them.
424  Economy / Economics / Re: How can we get people to use bitcoin as a currency? on: October 27, 2018, 05:58:33 AM
How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
What has started has already been started and putting an end to it would be a very difficult thing to do now cause I believe that majority of the people here are investors and they are not seeing Bitcoin as a thing for transaction, rather they are seeing it as a way of making money (investment) so you if you try to stop it, you will see that a lot of people will quit and the price rate and market cap of Bitcoin will also drop. It already serves for what purposes you want it for, it’s left for you to decide if you’re ready to take the risk of holding it.
425  Economy / Economics / Re: Transferring of wealth from the impatient to the patient! on: October 27, 2018, 05:21:35 AM
I will like to say the plain truth about what I have think laid ahead of us as an investors, traders and speculators on cryptocurrencies market. Many of us that know about cryptocurrencies and bitcoin since 2010 and 2011 and did not see any reason to buy and hold till 2017 before selling will testify that impatient is the reason why they are not millionaire in the local currency.
in cryptocurrencies market we are witnessing transfer of wealth and this transfer is been done through creating a system that make some group of people selling their holding because of the fear of what the future hold. The wise one are buying and hold for 2 to 3 years before thinking to sell.
if you want to be a future millionaire  and billionaire? then think on how important it is for you to keep holding and patient with the market and in 2 to 3 years to come if you will not be in money, this money always come from the impatient one.
Goodluck to you friend.
Just because there are a few poor people that managed to get rich through cryptocurrency doesn’t mean that it is actually transferring wealth from the rich to poor. It’s possible that it can be from the poor to another poor, making he or she better than the other cause, well, luck is on their side and wasn’t for the other person. Why I’m saying this is because some of these rich guys has the key to control this market, so how is it going to move against?
426  Economy / Trading Discussion / Re: Cryptocurrency Crash on: October 26, 2018, 06:12:18 AM
Altcoins and bitcoin price going down not mean it's crash it Means you can buy and hold it this is normal for us in bitcoin's being expensive so start trading until you get profit right now.
Who says that crypto is collapsing or has crashed? We do not know anything about its future market but we can say that it will have a great future because if you have ever noticed that least value of Bitcoin then you will also accept it. The current lowest price is far better than the previous lowest prices backwards. The current value is 6384 US dollar and is still low but this has proven again that value of Bitcoin follows uptrend averagely with the passage of time.
427  Economy / Trading Discussion / Re: Trading by follow signals. Is it good? on: October 26, 2018, 05:33:15 AM
Sometimes these signals are good but it is also better to make your research about the coins you are trading and then trust them for better gauge. Don't afraid to fail because experience will teach to be successful.
It is totally bad to consider signals or predictions by making a part of your strategies or making decisions will have bad consequences in the end. Moreover, there are people who believe in chart graphing which expresses the price movement and they consider it in making their decisions.

We should not forget that it is an unstable market price and we have to act according to market conditions and to look for occasional benefited decisions.
428  Economy / Trading Discussion / Re: I fail in trading on: October 25, 2018, 05:50:54 AM
If you want to improve your skills you need to be read and watch more videos about trading and getting more tips and strategy. Better to have you also own you have strategy. Most of the coins now are down and all you need is to wait the price until it will increase not only you are experincing that.
It is not just buying and selling but it has some rules and processes if you know about all these rules in different intervals then you will never fail in trading. Crypto trading is more responsive than that of traditional so here rules ignorance does not exist. You should be more cautious about everything happens in the market as we know that price of Bitcoin is volatile so there must be different strategies according to price.
Earning is only possible if you have the skill and knowledge to make profit by doing something which may generate profit for you. If you are talking about the Bitcoin, yes there are many traders as they failed in trading because the make mistakes as they do not know how to deal with unstable market conditions.

On the other hand there are many other coins bit they are favorable for short term and you will also face with many difficulties there as long as you do not know about market rules especially rules of crypto market.
429  Economy / Economics / Re: Investing in Bitcoin? Advantages and Disadvantages on: October 23, 2018, 07:37:17 AM
investing with bitcoin is a very promising investment when the price of bitcoin soars up which we can get many times, but when the price goes down it is good to save it first and see the situation.
Every investment has its own advantages and disadvantages like the coins with two sides. Its like the market that often stay at boom and at times might go in recession. So Bitcoin also has numerous advantages and fewer disadvantages and among the advantages, the biggest one is the ability of investors to earn and make big money by investing in long term.

There are so many short term ways to earn money as well. Some shortcomings of these technologies are there which are viewed as disadvantageous and must be worked on to resolve them. However these disadvantages are very minor as compared to the advantages cryptocurrency offers.

430  Economy / Economics / Re: Global financial crisis on: October 23, 2018, 07:03:51 AM
I think right now in several country already happen economic crisis. Most currency fall the value againts dollar and goods price already increasing. Hopely it will pass away because if economic crisis happen, many people will suffering and poor people increase
Actually what happens in the market is normally the result of the policies implemented by the heads of the countries. If we talk about the financial crisis that is predicted by the economists, it is the result of the policies made by the American elect Donald Trump for saving the American job thereby implementing huge tariff over the China's and Turkey's import of the commodities.

This inured huge loss to both these counties and they formulate an counter strategy to do the same so in one way or the other, the financial market is sinking for many countries.

431  Economy / Speculation / Re: What is happening with cryptocurrency ?? on: October 22, 2018, 10:34:10 AM
For those who buy when prices are high, I think they need to wait longer to make a profit or hold a few coins that will grow high. The market today is not so high, but I think it will grow in the final months of the year. We don't need to panic to sell coins now because all legitimate projects will grow and we can make good profits if we are patient.
Another good thing happening right now is the short futures are not getting purchased as much as it used to and the dude that was on the news a week ago that changed his 500 million dollar worth of tether into bitcoin once again. There are two possibilities for these to happen if you ask me.

Either people are getting out of bitcoin totally and leaving it behind for them or they are believing the price will go up once again. If people are not buying shorts they are either buying longs/holding etc because the price will go up or they are literally not buying shorts because they made enough money and left bitcoin and get that bitcoin cashed to their bank accounts.

If a person changed his 500 million dollar tether (even if its true) to bitcoin it means either he believes the bitcoin price will go up or he wanted to cash that bitcoin into his bank account since he can't really cash out tether directly he had bitcoins and sold them for real dollar instead of the token version.
432  Economy / Trading Discussion / Re: Should I stop trading in this bear market? on: October 22, 2018, 07:35:04 AM
I myself is not professional trader. the market right now is hard to make trading. best advise i can give is stay low. hold you coin.
That is not always the case with everyone. There are still people who had invested in the very start of the business when the coins had a very low cost. They have had a huge growth in their weight. Such people are still able to trade and at times of need; do trade however the case is not the same for the rest of us. We have to hodl in times of market recession and this time forbids you to trade because it results in nothing else but loss of value.
433  Economy / Speculation / Re: bitcoin and decreases in 2017 and 2018. on: October 22, 2018, 06:53:01 AM
2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?
The way bitcoin fall from $20000 in December and until now it could not stand up is a concern to us. I have been trading cryptocurrencies last year and I have invest in many of them that I am still holding and most of them are at the lost of over 80% . This is really such of concern to me because it might going to fall further in future but not to $500.
even bitcoin prices will not fall to the price of $ 5k in the future, I'm sure there are still many investors who will invest long term.
well I still wait to reach $ 20k again  Cheesy
We have a full report on the price movements and stabilities or instabilities exist in 2017 last year and in this current year almost all the investors know very well about prices and their movements. We have been noticing that value is stable after a downfall we had price fewer than 10k dollar and now the price is still here. I hope that 2019 will be very good year for all of us as we are here to make sure we will get profit.
434  Economy / Economics / Re: What do you think about crypto currency issued by the government? on: October 20, 2018, 07:09:20 AM
blockchain is decentralize. which means everyone can make  their own crypto. which include government. whether it will be widely accepted by public its another topic.
This is not a very difficult task to launch your own coin and in fact takes some dollars and a portion of your time to do so but to launch a perfect coin, with a perfect project, that can attract investors and that can make lives easier by allowing very cheap transactions is very difficult.

It also requires a team of highly efficient IT professionals. But of course the technology would not be used by the citizen of another country and might be affected by the political relations between different countries therefore i think that launching a coin like Bitcoin in the market in next to impossible.
435  Economy / Economics / Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price? on: October 20, 2018, 06:30:15 AM
of course not. Why do you think that you can buy cheaper crypto while bitcoin is at high price.? I think now is the best time for you to buy, it is much lower than itself in the past. You should take of advanatge of this.
Well in such cases, we make comparison between the highest possible price a coin had reached and the current market value. Besides, we also look at the volume of the coin if it is expanding and the probable profit that could be earned by further investing capital.

These are some factors that need to be kept in mind before reaching a final decision. I calculate that it is not unwise to invest right now. It can pay off in future immensely.

436  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I am sure Bitcoin Will go $50,000 End of this year because of ETF! on: October 20, 2018, 05:27:07 AM
Big names in crypto predict that bitcoin will go $50k end of this year and they were 50% correct because anything can happen of crypto right? but for me, if bitcoin ETF will be approved I'm sure that ETF Will Push Bitcoin price to $50,000, let's wait 60 days starting today and go back to this thread in September or October and let's see  Wink
The $ 50,000 price is really too high and i find it unreasonable. It depends too much on the positive information of government bans. Unless reputable organizations pour money into the market. Contributing to the growth of the market can change Bitcoin prices. In my opinion Bitcoin may be $ 18,000 in late 2018.
Exactly there is going to be no miracle this year. I am talking this way for we are very near to the end of the year and quick recovery is not so easy. However a response of the market to a growing demand for the coins can however be witnessed which would be instrumental in adding value to the coin.

SO Bitcoin in my opinion will go up but I am not really sure about this year because we already have the deficit and getting this deficit completed might take time for the market recovery is slow.

437  Economy / Trading Discussion / Re: What are the reasons why you must take risk in crypto market? on: October 19, 2018, 11:13:10 AM
It makes the thread pointless because the question is so low and dumb.
It is a volatile market right, so you will take it as a risk but actually risk is in your hands and not up to volatility. If you buy in low market on low price and hold it till high market then there is nothing to worry about because all you need is just profit so you should not get worried about this source.

If you use your knowledge that is required for the survival in crypto market then you are safe from any type of risk, conversely if you have not enough knowledge then you will face with many problems.
438  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Big market crash has started? on: October 19, 2018, 10:39:00 AM
I don't think so and I don't start my panica when I see that market is red during several weeks of some positions. There are a lot of signals that show about normal market condition
To be honest, we have lost pretty good value so far and things might not change for the rest of some months as well. I am only hopeful about the next years. Fall in the values of crypto currencies is now like any ordinary news in the market and we have had this very thing all the way in the history of the market.

SO what I want to say is that this is not going to be like this forever but of course we have it right now.  Recovery is a slow process and ultimately we would reach the market perfection that pays off.
439  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is happening to Ethereum? on: October 19, 2018, 10:00:58 AM
Ethereum is number 2 based on CMC and also one of the most used utility token in cryptospace, yet it is unable to rise above $230 USD. It would seem that it is waiting for Bitcoin's bull run. Can't it make its own bull run?

Price now favorable low, but should I still buy?

What if the price doesn't go up?

Since Constantinople fork failed and should be expected in 2019, is that hope?
Few days ago the price was 223 US dollar the price dropped and now after downfalls the current price is 206 dollar which is a loss made by investors.

But those investors who want to sell right now and are in loss have still the opportunity to hold and make it a long term for it is only possible if investors wait for some more time as there are equal possibilities for the coin either go high or downward so there can be a high price in the upcoming days and the best strategy is to hold for some more time in order to stay away from loss.
440  Economy / Trading Discussion / Re: 5 Big mistakes for a beginner in cryptocurrencies ✌ on: October 16, 2018, 09:57:57 AM
Also beginner trader ia often panic when someone spread the FUD, but they bring profit to expert trader

I think, the guys usually start to panic when they see that the tokens they invested in are falling. It is always better to think it over, which of the altcoins to buy.
Panicking is something that would never solve anybody's problem as that is one thing they should always generally know. It would always be a grave mistake when all you are thinking about is the short term which is what most newbies actually always do.

They invest because they want to get rich quickly and not because they believe in the long term prospect of what they are investing in, which is actually what would bring about that wealth in the long run when there is a real demand for it, but of course, people will never learn will they?
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