paypal still the best payment processors over the world since most ebusiness use it,bitcoin is new and already got a part of the cake,besides those is hard to exchange to paypal as a user can open a fight and get back the money sent on the 60 days ahead the transaction,soo exchange to paypal currently would be a disaster since desonest people will open a dispute and take the btc as well the money back.... soo better avoid paypal....
I also prefer PayPal as a payment system. But i wouldn't save my bitcoins there. Because i'm afraid of scammers. By the way which trading platform do you use ? |
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No regrets. What prevents you from starting to trade now and arrange your life the way you want? It is never too late to trade. No need to regret the lost time, just start now and develop in this direction.
Yeah no need to regret trading is there as long as people want to trade with have knowledge and skill before start to trade. Bwcause if they didn't know how to trade that is possible to regret because of loses. Totally agree with you. One of the most important things is to determine right entry and exit points. |
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Don't think the price will keep going all the way towards the end because I got a feel that we will see some correction at some stage in this year itself.
Those who accumulated coins at $3,000 per coin would be looking to book their profits very soon, and this is going to happen once the prices stabilize. Now it is difficult to predict for how long the current rally is going to last, but my guess is that it may begin losing its momentum after 10K. So we can expect a major correction to follow that level. I think this bull run of the Bitcoin is crucial one as people lost the hope in the previous bear trend. I am sure we will see huge investments in this bull run and it is a great thing for the better future of virtual currencies. Btw if i want to get reliable trading signals i usually get them on Trading View.The author is Monfex. Check it out here. https://www.tradingview.com/u/Monfex/People will have trust once gain I know last time it was low so people will get profit so those who did hold I know it will be good time for us once again. It is natural of crypto it use to make market move pump and dump last year it was dump in 2018 now it has started to bull because of our patience and massive investment. People start to trust in crypto when they gain a profit and lose a belief when they lose. But it;s important to understand that market is volatile and we can't give a 100% right prediction. |
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I agree with you guys and think that emotions shouldn't take precedance over cool head. Also you should determine the enter and exit point properly. Just don't give up if you lose. If you are a beginner it's hard to control your emotions.But without self-control you won't gain a profit.Also it'd be good to use support and resistance in trading. Recently i have read an article provided by Monfex where they state "A good rule of thumb is to set your stops at support since if the price falls to consolidate at the break and fall back to the resistance, you now know that there was no demand at that price and that supply is growing.". Do you guys agree with it ?
I started trading as a Forex trader, and when I started it was really quite very difficult for me to control my emotion and I kept failing virtually in every trade that I do and what you said now made me remember how I started controlling my trade which is to first deal with the entry and exit point, this is where emotion usually play the most. I simply just started making use of my stop loss and take profit tool, and when I set my trade, I try to be very reasonable and not too greedy, and with time, as I watch my profit grow, I learn never to play with those tools, they are every important if we really want to control our emotion. So dear, I totally agree with you that we should always set our stop loss for any trade that we make for us to trade without emotion. Agree with you. I also set up stop loses in order to control my losses and minimize risks. |
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HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?
I am a valuable investor and I follow a hold for quite a long time. I think you should invest in ETH and LTC, that is, altcoins can bring in profits of more than 300% in 2020 or Q4 of 2019. Bull run is coming and this is the time for the altcoins to be jumping prices continuously. We can get a lot of money if we buy and hold from now on. I also think that the best decision is to invest in ETH , LTC and also BTC.I think this bull run of the Bitcoin is crucial one as people lost the hope in the previous bear trend. I am sure we will see huge investments in this bull run and it is a great thing for the better future of virtual currencies. What are your thoughts about Bitcoin? Btw,i think you can go short now. Personally i trade on Monfex and would recommend this platform because they provide 20X leverage. Yes both of them are good coins both them has potential so we should hold them both. ETH is lower in price than BTC so we will have to invest ETH longer than bitcoin. I like holding it because it saves our investing from loosing money. It increases with time wo holding is the only good option for us. Personally I prefer BTC because of its instant Stock quotes growth and capitalization increase. |
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The best way to make a profit is trading, not gambling. You can go short and make a profit. You can do it on Monfex. I've been trading there for half an year and can state that it's quite a reliable and convenient platform that will suit both newbie and pro trader.
It is much more insane to bet on price fall really on a market that everyone, even newbies knows that is very volatile, and anything could happen to the price of the cryptocurrency at any time, if even gamblers can bet on ant and animals, is there anything that they cannot gamble on and with?Well, I would not be against that fully because we know that anything betting is all about gambling and those who would be participating in that would strictly be a gambler and will surely enjoy doing so. Trading is really the king of making money in this cryptocurrency and if one can get the right strategy to trading, no one will be looking at all these silly gambling games provided they trade on the best trading sites like Binance and the trading site that you mentioned also. I try to consider all the small things. I've seen analysis provided by Monfex. They say that it's a low chance that in short term BTC will break above 12 00$ and atm we can observe downward Trend. But over time crack to 12 400$. If you go short they suggest to sell at 11 600$,stop-loss at 12 000$ and take profit at 10 800$. |
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Bitcoin will still be the best coin and have a vast market. So I'm not worried about bitcoin cash.
Bitcoin has its supporters and I am sure that many people use Bitcoin as their main currency in the digital world.
So Bitcoin cash is not an obstacle because Bitcoin has the power of hundreds of times better and has support that is thousands of times better than bitcoin cash.
Agree with you.BTC is the best decision because of its instant Stock quotes growth and capitalization increase. By the way Monfex stated that the price is starting to consolidate near the $11,800 mark.The fast EMA (200) is starting to make a sideways move, but still showing momentum for Bitcoin . What do you guys think about that ? |
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I am seriously impressed not only about his ability to explain something complicated in more mundane terms but also the way he used to write and his sense of humor.
I honestly believe that Satoshi could be my friend. I am currently reading the mails and i will finish reading them entirely before passing on to something else. I also believe that anyone really interested should read them and understand them and try to understand how this innovator thought so we can make the right choices in the future.
Also, secretly working improving Bitcoin is a pretty nice idea by the way.
you can forget to talk to him because its done by great team....one day its will be opened remember my words   I also was impressed by these emails. I like his writing style and i consider this information as really useful. But i agree with you that it's a big chance that it isn't a real person. I warm up to the theory that it's a group of people.Btw guys where do you trade ? Personally i have been using Monfex for a year and have positive gains. What about you? |
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I think investment and only one currency will not be profitable anymore in the situation so if you had a little money also you need to be a selective in multiple currencies to invest so I recommend investing and some good altcoins will be more useful to you to get the profits more higher than investing any single currency.
investing in altcoin is good enough for now. owning $ 20k is a huge asset for me. I will be careful in using it. of course, one of my top choices for altcoin is BNB. Well, that is a coin that has high potential in the future. until now, BNB continues to be developed. we know that binance continues to spread its wings to this day. Agreed, $20k is a big fund to make an investment. At this moment bitcoin price has gone high, considering the growth altcoins were good for investing. BNB is perfectly the right choice to make an investment as the growth will continue with the widening of the Binance exchange service throughout the world. The lowest deposit is 0.01 BTC. I think it's the best option for beginner who doesn't have enough experience. I suppose now we can invest in BTC and watch for a break above 12 000$ |
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My personally opinion is better before advise, newbie must learn more information about bitcoin and cryptocurrency. Cause i think if you only want to get some profit with bitcoin only look at increase and decrease a price, i think in the future you will suffer loss cause in crypto world Many things that affect bitcoin, not only just price increases or decrease
Well, and the most appropriate advice is probably newbie should go alone, information and answers, even questions, it has been updated over time, this is no longer the new world, everything has be shared a lot, grow up without the help of others because as you say, the future they may receive loss, they should survive through that situation, if we advise them, they will never be able to act independently, failure and experience are the ladder of life, so bitcoin is not the topic that I like to discuss with newbie Before entering the trading newbie should find out more about this sphere, make his own trading plan and do the market research.I think it's a good time to invest in BTC now.Monfex stated that the price is starting to consolidate near the $11,800 mark.The fast EMA (200) is starting to make a sideways move, but still showing momentum for Bitcoin . What do you guys think about that ? |
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This is ridiculous. How can bitcoin actually die for 320 times? Sometimes I wonder how people speculate false information regarding bitcoin. Perhaps they know little or nothing about it. Bitcoin will forever survive.
Right now, Bitcoin has grown very much in its dominance. This is even the flip side and it turns out Bitcoin - Sunday this summer. I suppose now the price of BTC is slowly increasing. Monfex stated that the price is starting to consolidate near the $11,800 mark.The fast EMA (200) is starting to make a sideways move, but still showing momentum for Bitcoin . What do you guys think about that ? |
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Bitcoin and real gold are two forms of investment that are equally profitable. But I can only give advice if you want to use it for short-term investments so bitcoin is the right choice. Bitcoin price volatility makes bitcoin prices in the future difficult to predict for sure. Bitcoin is very dependent on the internet so that when the internet dies, bitcoin will automatically be destroyed. If you want to invest for the long term, gold is a more appropriate choice. Physically, the form of gold does exist so that it can be seen in plain view. Even this gold applies in any country because it is a real form.
Bitcoin is a digital asset. Gols is a gener accepted financial instrument. Earlier all people want to hold gold.Now all people want to hald BTC. Time changes and financial standarts also... By the way want to hear from you what trading platform do you use? Personally i prefer Monfex because of its 20X leverage and safety. What about you ? |
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Hey everyone!
I never thought I would be that girl that makes money off of Bitcoin, but now, I am that girl. I've been buying and selling Bitcoin since about mid-March and it has been really good to me. If you look at a yearly chart of Bitcoin, you know that was a good time to get in. Like every good trader, I began to study technical analysis and designed my own trading strategy.
My first trade was on March 11, 2019, when I decided to buy Bitcoin at $3,900. So, I set a buy-limit order at $3,900 with a stop-loss order at $3,750 and a take-profit order $4,250 (the next significant resistance level at a time). Based on technical analysis, there were numerous strong signals suggesting that the uptrend for BTC/USD is active and is going to continue. Fortunately, my forecast was accurate and I earned +$475 or +12% on my investment!
Since then I’m continuing to trade Bitcoin at Monfex. I’m an active trader and Monfex’s single-click trading interface makes my trading more simple and efficient. The execution speed is very fast. The trading costs are nearly zero. The liquidity is sufficient to accommodate any trade size.
I know it sounds complicated, but it really isn't. Take some time to research trade signals, news articles and everything in between. If you do all this, you should be good to go.
Please share your successful trading stories
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In fact, I believe that in order to trade successfully, it is not necessary to know the technical analysis thoroughly. The use of fundamental analysis would be sufficient.
well, in general, we don't really need anything technical in trading, because it's only based on buying and selling. however, I think both are important points in trading. however, if measured, then, fundamentals are indeed the best thing. My point is that the best option is to to use both. But personally i prefer technical analysis because it's based on data and charts. Usually i read an articles about trading signals providede by Monfex. |
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It depends only on your experience and knowledge. If you do not want to take too much risk - then your choice is stocks. Bitcoin is a very volatile currency also.
But i prefer trade with BTC because there's a bigger reward. Btw, i trade on Monfex. It's a very convenient and safe platform - check it out.
If prefer trading in stocks which really gives profit then it is good for you. Indeed we know bitcoin is very volatile with a high risks when investing. In bitcoin many opportunities on the users so better understand and learn which option is really good for a trader. Of course BTC is volatile and there're some risks. But i think that trading is impossible without taking these risks. Personally i prefer to hold long positions with BTC. What about you? |
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I think trade on new platforms is kinda risky.So i would recommend you to use reputable sources.
Personally i trade on Monfex.Check it out.
It may not necessarily be risky, those reputable exchanges you are speaking of also started from somewhere too, look at when Binance came out, if people has not given them chances despite the fact that we had lots of reputable exchanges in the market then, would they have been where they are today? Or would we have known that they have this potential and would also be the savior of crowd funding market with their IEO innovation. We should stop condemning some of these new platforms, we can only advise them to be careful and not start with so much money first. This exchange you even talked about here is also new to me and I feel you are just trying to promote it, what id people have that same mentality of this platform too? Would you ever get any volume for it? Anything on this world do start on the beginning as you said we should not condemn generally if we do see new platforms in the market on not to be successful because we wouldn't know on what lies ahead. I remember those years where Binance was just new, it do get the same insights and been compared to those reputable exchange that time but look at we now, where binance is one of the top spot. Of course, you are right. We shouldn't condemn platform just because it's new. I just mean that for me it's easier to trade on platform which has good merits and positive feedback. And i recommend you Monfex just because i've been trading there and can state that it's really reliable platform. Taking my words into account or no - it's only your choice. |
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I do not think that excessive confidence is always good for trader.
I suppose that trader should consider all possible scenarios and do not rely only on someone's analysis. Personally i try to make my own market research but often my predictions match with predictions of Monfex. I found this platform on Trading View and sometimes read their trading ideas.
It's never a good idea to be very confident in trading and make decisions as fast as you can.Remember that this crypto market is so hard to predict so we should be very careful with our own decisions especially when the market price suddenly crashed.I'm satisfied with a slow trading profits as long as i never get lose too much and make good profits most of the time. I'm completely agree with you. Trading it's quite a risky thing because markets are unpredictable. In order to maximize your profit you should take into account all the small things. |
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I do not think that excessive confidence is always good for trader.
I suppose that trader should consider all possible scenarios and do not rely only on someone's analysis. Personally i try to make my own market research but often my predictions match with predictions of Monfex. I found this platform on Trading View and sometimes read their trading ideas.
That is right, you have to make some comparisons first to confirm your own analysis even when it feels like you are so sure of yours. As they say that two heads are better than one, when I also make some analysis, I dot fell like I am perfect about it, I make some research around to see if my own analysis correspond with other people’s analysis also. One of the reasons why some traders fails is because they over rely on their own knowledge alone, I know it is good not to rely on people’s opinion too much, but we can still use them as a base to confirm our own. If this is what many people do, I am sure that we will not be having some stupid different predictions that we see in the market that makes one so annoyed and you would have to ask if the analyst is a reasonable person or not. True! I also think that the best decision is to make your own analysis and then compare it with trading signals on reputable sources. |
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The most important advice for newbie trader is don't be Greedy.
You should take into account all the possible risks and don't allow yourself to trade with such amount of money that you can't afford to lose.
As i read on Monfex "To start with, you should first set some conditions for your trades, based on your trading style. These conditions should inform when you go long or go short, when you enter or exit positions and what technical indicators inform your decisions. The more specific your conditions are, the easier it will be to not only follow through and implement your trading plan, but also to gauge and evaluate its effectiveness moving forward."
Like they will hear, eve professional traders when it comes to greed are still guilty of this, just that the level of their own greed is not as much as that of newbies, no matter how much you shout it loud, greed cannot naturally leave traders just by hearing, except they practice it, it backfires for them, and then they learn from their mistake, that is when they too can understand what greed is all about and how bad it can destroy a trade when applied to it. Anyway, the little advice you have here is way to go for those that would listen, because this is one of the things that is needed to out in place for any trader to really be successful in their trading. Trading is really not as difficult as many people think, it is just the inability to manage the risk in it that makes it look quite too difficult. My personal rule in trading is don't be too greedy because it can minimize your ptofit! The best option is to do market research and calculate the best time for enter and exit point. |
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2019 knocking the door. I have to prepare my investment plan for 2019.
I want to invest in some altcoin. First choice is Ethereum then Eos, Neo,
Ethereum classic (ETC). I think these coins have good potential for investment. Any kind of suggestions?
ETH is a liquid coin which is a good choice, EOS too another coin to also bag some, which I will also like to turn your attention to LTC I believe this year it will do great in the market, not a financial advise but my own speculations and also do your own research. ETH is a good option i suppose. But also i'd recommend to trade with BTC. Now we see an downward trend but i think that it's only a temporary correction. Also XRP, ZEC, XMR, EOS and TRX could be a good choice. Btw if you want to trade with these coins you can try it on Monfex. I've been trading there for half an year and can state that it's really reliable platform. |
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