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Yes,be careful with pumping groups.Those groups would have already bought a certain coin at cheaper rate which they want to pump and they would approach you to buy it and promote it.But you don't know when they would start to withdraw their investments by selling those coins and dump those coins.So you have a great risk of ending your trade in a great loss.So just awoid such groups.
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How much money in $$$ should a new trader invest and which type of trading is good? Buy and store it until it reaches high peak then sell it or some other way? Guys please give your honest suggestions. Great suggestions and personal experiences are most welcomed and highly appreciated...
You could even start your trading with even 0.01 btc or 0.001 btc.Just do an analysis of altcoins and get an idea which coins are older and which ones are newer coins.Try to learn how to read price charts found in exchanges like one day chart,one week chart,etc.Slowly,you will gain experience and then you could start trading with high amount. |
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Just relax.Bitcoin is an ever increasing coin and most of people know it very well especially big whales.What makes the difference is that big whales try to create FUD and make newbies panic and make them sell their bitcoins.Thats what we saw previously during BU issues,the price fall in bitcoin following its speedy recovery.Such FUDs would still continue and what you have to do is just ignore it and hold your bitcoins firmly.Thats the way to earn more profits.
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For those that buy bitcoin last week when the price fell and was dump to $1,785 can now take profit as from https://coinmarketcap.com is currently $2,750. Thank God for another blessing! Definitely,its a blessing from the lord.All the previous price fall were just due to FUD spread by big whales to just grab bitcoins which were owned by newbies at a cheaper rate.But now,every thing has now settled down and bitcoin has once again started its mission to the moon. |
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Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?
Definitely it will be a critical stage.Most of newbies would get panic at such times and would sell their coins in loss in a hurry.But i will not get panic since i have already researched and found the most under valued coin and have invested in it.So,even if it falls,i know that it would recover soon.So no need of getting panic. |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
Many traders have become rich b trading in bitcoins.But trading is risky.So steady monthly income could not be expected from bitcoins.One month you would be getting huge profit and the adjacent month,may be low profit or even loss.Thats the beauty of trading.If you don't want to indulge in such risks,then you could try cloud mining schemes but be careful as most of them are risky. |
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A couple days ago I transfered enough from my bank account to buy 1 Bit coin. While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with. Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.
Today I saw that SC (Siacoin) was above 10% and volume was above 10,000. It was also very active pumping up and down. I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00. It was a great leaning experience. Also very humbling because on the first trade I made a mistake and lucked out.
Scott
Good strategy.So while trading altcoins,always fix your profit target as 5% or 10% and as soon as you achieve your target,just sell that coin and finish the trade.Don't blindly follow the pump as you don't know exactly when it would be dumped.Don't think sky as limit for your profits as it may lead you to loss. |
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as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
The good thing about bitcoin is that you could even start your trading with just 0.01 btc.Smaller the invested amount,lower the risks and losses.Better start with a small amount.Also follow the rule"Don't put all your eggs in one basket".Buy low and sell high.To do it,follow the rule of warren buffet "Buy when every one is selling in panic and sell when every one is buying". |
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So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
Altcoin market is highly volatile.So in order to avoid such critical situations,you have to do a thorough analysis of altcoins before investment and find the most under valued altcoin so that even if the coin price falls,you could remain cool with hope that its price would soon recover. |
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Hi, new to bitcoin, I invested some money into bitcoin mid June after seeing all the hype online, since investing it's dropped like 20% really not sure what to do now if I should sell up now take a 20% loss or hang onto it and hopefully it will go up again? But after reading the news looks like it's not going to go back up?
Sorry for sounding stupid just jumped into something I didn't no anything about.
Thanks
Just have some more patience.Now the price has almost recovered from $1850 to $2750.If you wait,then you could recover your losses and at the same time,even you could get huge profits since bitcoin price is expected to rise more after august 1. |
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I think the manager would take one more month to select candidates.Those who have applied just wait for one or two months more to be selected.
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I'll go through the applications in the morning and let a few more people apply.
I'm not happy with what I've seen so far post quality wise. If I accept some of you you'll have to improve your post quality a lot through the week to receive your payment in the end of it.
Thank you.
I will definitely improve my post quality if selected.Hope i would be selected. |
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I would like to join your campaign.
Bitcointalk Username: fanbeila
Your rank: SeniorMember
Your current post count:
Your BTC Address: 1B4vqbY1z8h8QFes8ijPp8PYjRLxhrPsW6
Are you wearing the appropriate signature: Yes
Regards
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Bitcoin price seems to recover soon.
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Definitely,bitcoin has already improved the economy of many under developed countries.Such countries suffered due to economic crisis band their currencies have failed.They have started choosing bitcoin as their national currency to fight crisis.Even iran is deciding to use bitcoin to byepass the US sanctions. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Panic selling mainly occurs due to newbies.They sell their coins in panic due to lack of adequate knowledge.Big whales make use of this opportunity and buy bitcoins at much cheaper price.We also saw this panic selling lastly during BU issues when lots of new bitcoin investors just sold their bitcoins due to fear of loss. |
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is bitcoin more popular than US Dollar ?
No.Not yet.But it would be in future.Bitcoin has just crossed its primitive eight years whereas US dollars has been in the market for more than 70 years.It is the global reserve currency.It would take time for bitcoins to get popular than US dollars. |
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I am just surprised at the fact how come a senior member becomes a doomster of Bitcoin! After viewing you post history, I found you have involved a lot in the bitcoin stock investing. Probably you made some loss so you are despaired of it. In crypto world there are a lot of scams, fraudulence etc. It is fully understood that some ppl encounter it and leave.
Yes, OP might have suffered some losses and had lost his confidence in bitcoins and hence comes these words.Bitcoin is unstoppable and it would remain alive for years.Bitcoin has changed lives of many people and yet to change more lives. |
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I've just read that Australia will start accepting bitcoin as a currency from July 1st. Also allowing bitcoin to be integrated better into the economy and offers no tax on it. Anyone else read about this?
This is incredible news, could we be seeing the start of the massive adoption by the public of bitcoin? I think the answer is yes. Thats a great news indeed.Australia accepting bitcoins following japan and also giving tax exemption would definitely boost bitcoin adoption.Already japan's adoption of bitcoin has increased bitcoij price.Now australia also accepting bitcoins would definitely trigger the bitcoin price. |
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