Cryptocurrencies are one of the most profitable markets in the industry of trading. But a very volatile market that can cause big gains and loss. In order to be succesfull it is not all about having experience or skills, you should also define a set of rules and what strategy you are going to use.
Use fundamental and technical Analysis, by making use of that you are a one step ahead trader and you will know how to read the price movement to avoid losses.
Also make advantage ot the time. Make sure that when you are buying you know that you will gain profit.
Lastly, learn how to take and manage the risks. We are in a fast growing digital market which can lead to an easy loss.
I quite agree but for me it is in how you interpret what you read or analyze. Even if you are experience but still doing the same thing over and over it is not working. We have to at least upgrade our styles in trading. Buy low sell high is common term but sometimes the work is on where to invest. Many people on social media would share what they think it is a good coin but it is us to make our own risk. Highly profitable and for those who are able to make use of the opportunity by learning how to manage to trade will be able to get the best of the trading environment. The only way you can get strategies, learn how to analyze is by reading some good resources that are available online, which is where you get the first skill set from and experience is what you will need to keep building on it. |
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I'm not an expert on bitcoin, I'm also new to bitcoin. I just started learning bitcoin with my friend. I think as long as we keep learning and working hard, it will have a good impact on us. I also hope to get bitcoin. Do not give up easily to achieve our goals.
It is just even a matter of time before you start reaping some good benefits from being a part of the crypto world and as long as you are smart about it, you can make use of every available opportunity to earn a lot in the crypto world and only those who really do not have some level of seriousness in them are the ones who will say they ended up not making a single dollar in a year that they have been in crypto or possibly they did and just ended up gambling it all away. |
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Yes i do use many indicators both technical and fundamental indicators in order to predict the bitcoin price movement, something like RSI,Bollinger bands, Volume price analysis, Price action, and ADX by which i have mastered the trading skills. Bitcoin price movement is not a easy job for me without these indicators. Along with these indicators, i also track about daily bitcoin-related activities so that i don't miss the fundamental factors that influences the bitcoin price movement and by this way, I predict the bitcoin movement.
Predicting bitcoin is not that easy and sometimes you just have to make use of your discretion as you keep using the indicators. The thing is that you cannot do without them and for those who think news is all they need; they will always end up missing the most important part of a good trade which we all know indicators can only help you achieve. Once you know what you are looking for, set an entry and exit position and stick to it as you move with the trend to help with your decision making. |
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No one will dethrone BitCoin form being the king of crypto! But, IMO, 2018 will be the year of some already successfull altcoins like Ethereum or Cardano… and we should keep an eye on interesting project like DeepOnion or KIN  It is going to be like trying to do something that is totally not possible. Yes, we could say anything is possible in the crypto world but there are somethings that just do not sound like it. I have seen some people using market cap to judge the fact that ripple is taking over bitcoin, when market cap can easily be manipulated, most especially for a centralized coin, it would even be a matter of time before XRP get bounced back. |
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What do you mean? Arbitrage trading? If you have the right amount of BTC and the skill to do it then I dont see why its not lucrative.
Having said that, it would require you to have BTC in more than one exchange for faster trades. Thats very risky.
It is highly risky with BTC as a result of the transaction speed. Unless you are willing to pay a huge amount to be able to get your transaction confirmed quickly and knowing you are still going to be making a lot of profit in this process, then sure, you can go ahead. Otherwise, you may just want to sit it out a little or maybe try it for some altcoins. I make some pretty good bucks as some alts get dumped by a huge holder on one platform and on the other still trading normally. |
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Yes! There is a possibility that bitcoin will be recognized around the world, if the government will legalize bitcoin in ones country, seminars about bitcoin will be done and industries,factories,malls will accept bitcoin as a payment. So, in that way bitcoin will be known and lots of people will be interested in bitcoin.
The possibility is glaring and the truth is that awareness even from the FUD from media is really creating even much more awareness. Some would freak out and then later on see that they have missed a lot eventually by listening to FUD while some would eventually get in even later on due to the information they do not have. However, bitcoin would really become usable, attract the interest of many other investors and increase even further. |
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respect my question. i just want to know more about trading and study it for the most reliable and trusted exchanger.
One thing about the world of exchange is that, do not ever trust any exchange because they can decide to play hide and seek for you one day and your funds will all be gone with them. I thought bittrex was the best exchanger until they closed down some accounts without notification, and even though I was not affected, it could have happened to anyone. Binance looks good now and everyone is talking about it, but I would not be too comfortable with any of them. |
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I feel like it's most especially hard to get big returns on alt coins considering there's just so many. Your safest bet will probably be the main coin which is bitcoin which is forecast-ed, in the foreseeable future to multiply its own value by 10x.
Yeah, most especially since bitcoin tend to drag their growth down. However, it is not always that bad as there would at least be a limit to how much they can really get dragged down and at the long run, they will still get to do well at the end of it all. No matter how much they get dragged down with bitcoin's dominance. In 365 days, choosing the right coin can really make x20 possible and assuming the OP to be trading some of these coins, he could actually get some of it. |
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In my opinion bitcoin will rise up to $22000.
Yes, I agree with that idea, it is likely that Bitcoin will increase in January, it has fluctuated at a level that has not increased and dropped for quite a long time, now let's wait for it to increase and to expect. Reach the profits from it Yeah, very likely at least from the look of things. It is still under probability and we are presently having a sideways resistance for now which still pretty much looks like anything can happen on a breakout which could either lead up or down as the case may be. However, whichever way bitcoin pleases to move in the market based on the action of all of us, it will definitely do, so for now, it is just realistic to keep on following trend to see where the market leads. |
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Its not unfair, early people who adopt bitcoin took their risk also and spent time and money just to get what bitcoin is now or in the future, well they can still acquire bitcoin but it will cost them so much or they could get it a penny of it from other people but it wont make them rich unlike the early adopters.
If the OP thinks it is unfair, then it should be unfair that those who bought stakes in Apple or some companies and are doing well now should not be doing well. Early adopters are always the ones to take the higher risk and for anyone who thinks that is unfair, such a person is really not ready to take a step now. Gold is not the same price it used to be 50 years ago, and if I think it is reasonable to get gold at the same price that those who got in back then did, and then I must really be very dumb and stupid. |
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15-20M is less than 1% of his wealth. Should view it as toy money rather than serious investment.
Toy money indeed. It may look big to some of us, but that is like some chicken change. It is good that bitcoin is attracting a lot of big investors and that really makes a lot of sense for the future of bitcoin anyway. Yeah, we cannot predict the future just because of that, but the truth is that, these guys would not even blink an eye on their holdings in bitcoin for a very long time knowing that greater opportunities lie ahead. |
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I think the BTC has more fork is not better. The ETH platform has too many tokens, which makes ETH weaker. In the future the position of the ETH will be priced by the dev team and the administration of Vitalik Buterin
BTC fork would pass at the end of the day when people start realizing it is all scam with the way some punk asses are going with the whole fork thing. Most reliable exchanges are not bothered listing them and unless they are really able to prove to stay relevant in the long run, they may really not be listed. ETH on the other hand may have many tokens, but that should not be a problem for it. |
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it is not important to argue crypto as a digital currency or asset because crypto covers both. the most important of the crypto you can have income or increase your wealth
Yes, the main essence of crypto is basically to serve as a currency anyway against the centralized system we have always had that is being controlled and affecting the normal masses with all the strange and crazy policies by the banks. All the above, now, we tend to see more of the asset part of crypto as most people prefer holding what they have than spending with the hope that someday, it is going to end up being valuable, which all started with the rate at which bitcoin increased in value within the years. |
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At the end of 2018 I think #RIPPLE/ XRP will touch 50$ USD value because it has good project for lolong run and their technology is very good and fast than other Alts coin.
$50 could be possible, but the truth is that no one can say exactly if this would be the case as we cannot just judge based on the present moment. XRP may look good now, but a lot of things can change eventually. I am not against the coin, and I am not for it as well, but for the sake of investment, I would rather stay away from it. There are so many other coins with great prospect that would still give me better and I would be relaxing holding. |
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If I am getting this right, if I invest in a shitcoin, it moons 100x and I sell for bitcoin, I have to pay taxes on the 100x surge? This is an outright steal, because when BTC goes down, all the alts go down.
I am rather seeing the whole tax thing as more like an attack on the usage by the Americans. I am not sure how they will be able to get this played out, but I am really trying to see how it ends up working. There is a lot that would go on this year with the government as I feel some wars would be declared on crypto, but that would be a war they cannot win. For now, the crypto market looks strong and no taxation can scare people off from using it. |
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Volatility is a huge disadvantage only on the business sector but for traders just like me, it makes my day feels so good when btc is soaring high but I know one day that btc will slow down its growth when it is so high and a little bit volatile.
Yeah, for those who are looking at investing, then that may be something pretty bad but for those who understand what the long term holds, would believe in it the more and still overlook whatever goes on presently with bitcoin. It is the understanding of bitcoin that counts and that is what will keep the market strengthened and not just some people who just want to get rich overnight. For traders who know what they are doing though, that is something that you can really count on to make the best out of it. |
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One of negativity around bitcoin is that the transaction fee when you send bitcoin is so big and also take too long to receive.
That has really posed to be something negative and I really hope this gets solves anytime soon as I cannot imagine this transaction issue going on and people not finding another real solution. Yes, we may say bitcoin may end up being classified more as an asset than a currency but that does not mean that it should not end up more useful as a currency which it was made for in the first place. The transaction will keep causing more issue in the long run if it is not rectified. |
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i think i will add more base on my little knowledge :
- price move too high and not stable
- government regulation
- relation between country
- bankers
- job that will lost because traditional bank is lost
etc
Most of the difficulties have been outlined, but we have to understand that even if crypto will end up being used, the government will not give up centralization for decentralization and that would always still be in majority of the crypto world while most of the crypto we are seeing today will end up just like stocks. It is a good thing we are here and there is nothing that does not have its own challenges but for now, these are some of the things we should face mostly like you have mentioned. |
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It is impossible to try and predict the market and that is because their are soo many participants and tons of them are irrational investors. Therefore it is wise to watch that whale money and how they operate, it will give you a better indication of where to go but it is contrarian way to watch markets and it may be counter intuitive at first.
It is very impossible and in as much as we feel we can even use some technical analysis to get some assumptions of what could happen, sometimes, they just will not work. Nevertheless, they are still close to the only thing that you can use to assume what can happen next but it is not that easy and you should best just know when to get out if the unexpected happens. |
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as i said on the title what are the good effects and bad effects of robots in replacing human jobs.
What is your opinion about this guys.
yes there is really a big effect of robots in the first place the good effect is robots are very fast to work and the bad effect is if they will choose robots to work in a company then where will human work?they dont have work then they dont have salary where will they get money to buy their needs. thats the effect of robots. The speed, the effect on getting jobs done faster, better, and with high level of accuracy is one thing that robots will have over human workers most especially in the cases of factory and some other pro jobs too anyway. A lot are being rendered jobless already and that is one thing we will keep seeing, so the best is just to adapt to the system and find other ways to best fit in that would really be needed. |
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