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1201  Economy / Trading Discussion / Re: What to do if the prices down again? on: March 02, 2018, 09:25:28 PM
You can do two things when the price goes down,
1) buy some coins and fill your wallet. It will helps you to gain profits wen the price goes high.
2) if you have coins just hold it, don't have an intention to sell coins when the price is low.
No other best answer than this one. Absolutely when price graph starts its joinery down the line don’t panic, don’t think that Oh lord now you become a loser as the prices are going down. No, this wouldn’t be a behavior of trader. A trader must know when to ignore such high emotional points during their trading. Make your mind signed under your control and just cool down and hold.
1202  Economy / Trading Discussion / Re: day trading effective? on: March 02, 2018, 08:14:33 PM
I did it and not efective for me because iam not patient for wait best entry point, and day trading too consuming time and sometimes i can not sleep to analysis the market. Effective or no, this is depend on the skill and strategy each trader.
Not best for you then, but I have seen amazing people who becomes expert for day trading. They can sense the market loops and thus invest exactly as it suits them and earn amazing profits as well. But definitely like you, many other people have failed in day trading. This require much commitment and attention that is hardly provided by everyone. Go for the thing that suits you more.
1203  Other / Politics & Society / Re: Any idea for poor people? on: March 02, 2018, 08:07:42 PM
The way to do is to provide knowledge and practice about doing business to them, because of their business will learn a lot. Starting from financial management and analyzing a financial problem. The poor are the ones who will not rise and learn when there is a chance.

I like it talking about empowerment. The poor ones also have a willingness and natural skills they can utilize in order to survive and get a better life. It's just any work practice or job opportunities can be considered.  
Such people have more capabilities and talents than other people but the only thing that creating a gap between them and success, are the resources. If such potential resources are provided, they will make a history of their abilities and talents. We have seen a huge successful stories who become marvelous when they were given a chance. So let them grow and make their lives easier.
1204  Economy / Gambling discussion / Re: What Is Your Worst Moment in Gambling? on: March 01, 2018, 07:19:07 PM
Lucky me that i don't experience any worst moment in gambling. I seldom to gamble since i don't want to get addicted to it i know some of my friends who has now a problem how they can go out in gambling they are having trouble with their family, got broke and i don't want to be like them . I learned from others mistakes.
My worst moment in gambling was when I had bet all my money that I have earned as my last payment before getting fired from my job. It was probably two years back and I had been playing the dice game but at that time due to financial pressure and my unstable condition I had to face a loss whereupon I thought that it would help me to double my money as I was in great need at that time.
1205  Economy / Trading Discussion / Re: Altcoin Trading on: March 01, 2018, 06:28:07 PM
You got it right, but that is only when your goal is to ultimately have more USD. I'm trading against BTC to ultimately have more of it, regardless of its fiat value. I'm doing so with all my all my airdropped and forked coins. I'm not focusing on trading Bitcoin for fiat but on trading altcoins for Bitcoin, so I'm mainly interested in how the alts are holding against it. To be honest, if you're trading cryptocurrency pairs for BTC not tether or fiat, it's hard to keep track of your fiat profits. I have no Idea how people manage to do both on a daily basis. 

Agree. It is more simple if we always trade alts against BTC.

In the fact, there are many persons want to make so called Real Profit, then they can calculate the Profit against USD or USDT, it is also simple.
Yes, when I started trading as well it makes me confused about how I am going to compute if I already gain or not since bitcoin price vary from time to time, but through analyzing and experience I had eventually have my own computation, it is hassle actually and needs a lot of patience and your time.
That is the point. In order to get benefit out of bitcoin trading, a person must first fully understand the advantages and disadvantages of this currency. That is only possible if he would learn things by himself. The best is to do research by your own. In this way, an investor can discover minor details also. Trading is a risky profession and bitcoin is the most fluctuating digital coin. It is a difficult job but beneficial also. Patience is the key to success.
1206  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin or Ethereum? on: March 01, 2018, 05:35:34 PM
I would have to say that I would still invest in both of them as they both show a lot of potential. My personal preference is to favor Bitcoin mainly because it has already withstood the test of time (compared to the other cryptos at least) and because there's so much infrastructure around it and I can't see people just abandoning it when it's such brilliant technology
Bitcoin will get the priority over Ethereum. Though Eth is the best altcoins but it is no match for bitcoin. Bitcoin has been at the top of the digital currencies from the beginning and it has produced far larger amounts of benefit. Ethereum can never increase the capital as fast as bitcoin can. But I will also go for diversification, 75 percent for bitcoin and remaining for ETH. Bitcoin has the most potential.
1207  Economy / Economics / Re: If the world uses a single currency on: March 01, 2018, 05:27:09 PM
If the world uses a single currency, it would have a high possibility to benefit world economy due to lower cost and transaction than before.
However, it is very hard to come true because it would have conflict between different countries.
Now that we have different currencies already whether physical or digital, it is really impossible for all the governments of the world to agree up on only one currency. Those who have the ruling currency, will never consent to it. Above all, why would anyone destroy its coin? However, it is a sweet dream to live in a world which have only one currency. But it is good to be real and never think of such impossibilities as its total wastage of time.
1208  Economy / Trading Discussion / Re: Why did I lose on trade ?? on: February 27, 2018, 05:00:37 PM
I think you are selling too fast, if you can wait a little longer whether it's 2-3 days, maybe you will benefit from the initial capital that you spend at the beginning. Try a little patience in trading in order to get a good profit.
Without patience my brother you don’t get better results, wait for the time when prices are getting higher. There is often advised here and in articles related to trading as well that don’t make fast transactions or trading. They will give your nothing but huge disappointments and losses. Try to grasp the market trends and predict accordingly, if they goes valid, plan according to your predictions.
1209  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you buying altcoins on: February 27, 2018, 04:44:50 PM
yes, I have bought some from altcoin because while the price of some of the coin is down I think it is time to buy and hold the altcoin until the price goes up and I am sure by buying altcoin our money will not be in vain because only altcoin has the price is loose and easy to reach by everyone so many of the people who tend to plunge into altcoin to buy it
Altcoins have better market too. But like bitcoin they don’t have a rehabilitative market. This means they don’t come up again once they fell into a dip. Bitcoin have always showed such impressive comebacks in the history of these 8 to 9 years that altcoins can never meet the level. Such expeditions of bitcoins made them superior than altcoins in almost every aspect, hence they are better than altcoins.
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1212  Economy / Economics / Re: buy high and sell low. or hold which one is it? on: February 21, 2018, 07:15:29 PM
You should sell it since the risk is a big factor with cryptocurrencies. If there is a 2x or 3x appreciation in your value, I think you should be that greedy and take the money just to be safe.
Amongst all these options, holding is the most sensible thing to do as compared to that of buying at higher rates or selling at time of dump. You need to do the things which can result in some good amount of income for you and that you can only do nice you will go for buying any of the coin at lower rates and then will sell them at higher rates. You need to make the right decision and that too by deciding the right thing to do.
You're right, holding is the safest way of investing bitcoin and it is also lower risk compared to other investments just putting amount on trading. Buy low and sell high i think it's risky because you don't know the movement price of bitcoin due to high volatility on it.
Much better if you hold for a long term and that time bitcoin was very profitable because at this time when you buy you can't jump in the price in the future.
Different approaches are present in the market, it is you who will decide what suits you. Some people are happy with holding because they can’t give maximum time to this investment, holding is better for them in such case. But some are trended for selling and buying because they know this better help them earning money. These two strategies depend on individuals how they get things.
1213  Economy / Economics / Re: Do you think that bitcoin can reduce corruption? on: February 17, 2018, 03:09:49 PM
Now that governments have a competitor in terms of currencies, do you think that they will make an effort to make the economic system more transparent or will they just try to ban everything?
I don't think so, well for me, it may lead most people be corrupt, because of its volatility. If its value is high, more people are being greedy, in which they wanted to have it as soon as possible. And when it falls down, still people will be greedy. Most people wants money, and some needs money. There are people who needs it but most of them want it. The problem is, even they had what they need, they still wanted more, rather they wanted it all to be theirs. In which greediness, leads to corruption.
Your point is valid enough as per the statement is about governments. But biotics have this tendency too, although it is very little but still that exists on paper. And this is about the decentralization of bitcoin that doesn’t give user to do corruption when it comes to transactions. Everything is such secure and recorded that nobody can conceal anything from computer.
1214  Bitcoin / Bitcoin Discussion / Re: I was bought some bitcoin by sell my land on: February 17, 2018, 02:57:16 PM
I hope the land you sold to buy bitcoins is just one of your idle investments. An empty lot, not the one where there’s a house that you used to live in. In any case, just wait it out.
Well yeah that is important to ask whether he hadn’t sold his own house in which he was living for the bitcoin. If it had so, believe me that was not a good decision from this person. Else if it is like another place or plot for construction purpose or any others, yes that will be a fantastic trade this person made. Because bitcoins are giving more and more than lands. So yeah man, keep this up.
1215  Economy / Trading Discussion / Re: What is the main reason for the bitcoin price? on: February 15, 2018, 02:04:33 PM
The main reason for this bitcoin price is the manipulation of the crypto currency market. Please note that negative news about bitcoin has ended. So the manipulators have finished pouring this news. Now we see only positive news. And the prices in the market have risen a little. Draw conclusions.
This is true that the digital market is manipulated by some powerful things. Most of the times, this is how dips happen. First, the big investors also known as the big whales make a move. If they stop investing in a certain coin or sell it out at high price, they earn millions of dollars and the market goes down. Once this happens, media enters into the scene. There comes a flood of bad news (which are mostly fake) scaring small investors, making the coin suffer more. This is what happens with bitcoin but soon it will rise up again.
Yes definitely these are the factors that makes the market down, and if these are taken in a positive regard, market can be up for the good reason. Whales, as you have already said, are big investors with much huge incomes from bitcoins. They have a market tendency that can lead the market up or drop the market down whenever they sell or buy some coin. So yes they have huge impact.
1216  Bitcoin / Bitcoin Discussion / Re: Samsung has now entered the cryptocurrency world on: February 07, 2018, 08:20:32 PM
In my opinion, if this continues as mentioned above, much competition means cheaper prices. So I think samsung is expanding its network in bitcoin to develop its assets ..
Every company has its home ground and on that ground it can do the competitions with all the bigger fishes of the industry. Samsung is one of the leading companies of the electronics but it still has to prove itself in the market of crypto currencies. There are a lot of minute things available, which needs the due attentions. Nokia was the best mobile company 10 years ago but now people have forgotten that company, so just wait for the right time.
1217  Bitcoin / Bitcoin Discussion / Re: is bitcoin over? on: February 07, 2018, 08:03:17 PM
No need to panic, this is only temporary, I believe bitcoin will not go to the end, now the price of bitcoin has been recovering, which can reduce the panic of people.
What we should be doing now is patiently holding bitcoin and waiting for it to return to normal.
Just like you we all are investors and we all hope that it will be restored but the uncertainty is not letting us to do is hope. Yesterday the price was below $6000 and the discussion was that it will not go up $7500 and today it went to $8000. So now what? to seeing its price it is very stable now so that we can purchase more bitcoins at some stable price, and alsothe bitcoin price showing that it will be increasing to 15000$ very soon.
1218  Bitcoin / Bitcoin Discussion / Re: Bitcoin's Basic Features on: February 07, 2018, 07:40:51 PM
I think you have too much high hopes, bitcoin is not the best example of perfect coin, it is old and can be traced by federal institutions it is just takes a lot of time.
The best thing about bitcoin is that it is auditable as well as the person is hidden behind some username. So far in the market of crypto currencies it is the best coin as far as the price, low risks and returns are concerned. But still there has to be improvements in the present form to make it more useful for the users. My suggestion is that bitcoin must strike some deal with the bigger companies like Amazon, ebay etc for the acceptance.
1219  Bitcoin / Bitcoin Discussion / Re: Bitcoin in India on: February 07, 2018, 07:22:10 PM
In India, Unocoin is one of the most popular website to buy & sell Bitcoins. It’s newbie friendly because the interface is more user-friendly & they have both an iOS & an Android app.

A few things to know before buying Bitcoins in India:

Bitcoin is legal in India. However, it’s not regulated by RBI.
According to RBI virtual currencies (like Bitcoins, Litecoins, Etherium, Dogecoins, etc.) trade, and usage of virtual currencies as a medium for payment is not authorized by any central bank or monetary authority.
Unocoin is a legal website to buy & sell Bitcoin.
Well, it’s a no-brainer that RBI & the Indian government will start taking Bitcoin seriously as it’s being adopted by more users globally. I’m pretty sure you are already aware of how popular Bitcoin & Blockchain technology has become in the past four years.
Every country member must give the guidelines like this for the newbies. By all the information which you have given to us about bitcoins and india, I will assume that you belong to india, so can you please tell us what happened to indian fiat currency and bitcoin once the country was passing through demonetization phase. I have heard that all the black money from the different land lords were transferred to bitcoin to escape it and now they are getting the fiat currency back which is the cause of the market fall?
1220  Economy / Marketplace / Re: Hacking is the Big Problem on: February 06, 2018, 07:43:22 PM
This is a really big issue when it comes to online currencies. Every process is a risks and online hacking is not easily tracked even by the government. You must be careful on what you're going to do online especially when filing information online and even downloading stuffs. Anyone you can be possibly monitored and can be used for hackings.
So,  someone gets into Bitcoin,  feeling they are safe and not knowing that it is even worst than having cash. That’s why I do say they are all the same,  whether you’re using Bitcoin or cash,  there are risks involved in both. Anyone who’s making use of Bitcoin has to be careful. Despite all that’s happening, I believe there are safe wallets out thee that can’t be hacked easily, but there is no need to mention.
Whenever there is a loop hole in the security, the hackers jumps in and take advantage out of that  loop hole. The thing is that people keep checking the value of their wallet and login again and again, by this they are actually weakening the security of their login system, Also a lot of people do the transactions from their cell phones and discuss it with others as well, so I think these things should be curbed by the users just to avoid any hacking attack.
These are really some good advice's and practical too, there can be more best practices as well to curb any vulnerability towards the hackers. There are some cheap software in the market which belong to the third parties and they ask you to save your passwords in them. They help you with suggesting different difficult passwords as well, so I must say that please avoid such types of softwares so that the secrecy of the password is not compromised.
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