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41  Economy / Trading Discussion / Re: How to get rid of emotions when trading on: October 04, 2018, 06:31:42 AM
In my opinion when you trade, you must determine and lose. You have to practice with the familiar feeling when the market down and feel it. Acceptance may be lost but sometimes successful. Little see the fortune and forget a time after that rascal.
I have two advised for the people following which, they will not regret about loosing due to emotional decisions. The first is of course the long term investment. This is the only way you can reduce the probability of loosing money when the market falls or whatever happens. Secondly do not expect quick returns.

The market is of course slow and so you should be in terms of cashing. If you do not expect the quick returns, you would not have to worry about the fall and hence would not make emotional decisions.
42  Economy / Trading Discussion / Re: Stop dreaming about the perfect trade on: October 04, 2018, 05:46:19 AM
If there is no best exchange, then why perform a little human beings do no longer realize why they dream of perfect exchange? The marketplace is continually unpredictable, so the boom and fall are unpredictable, some time is an awful lot more lucky, and you may be extra unfortunate, just how and the way you may analyze.
If there is no perfect competition and no perfect market, how can there be a perfect trade? This concept of perfect trade has been the most desired and is very important to rise the output that could be earned by trading however this is just a hypothesis and a vague concept.

But I do not agree with this discussion of loosing money in trading as long as you are a wise man. There are investors in Bitcoin who have been rolling in wealth for they have great trading strategies and tricks.
43  Economy / Trading Discussion / Re: What are the usual mistakes that newbie traders usually do? on: October 03, 2018, 07:59:19 AM
Since I myself can call myself a newbie, I can say that one of the mistakes is ignoring such a function as stop loss. Another important mistake is to listen to an analyst from the Internet and do everything as he said. In this area it is very important to constantly learn and think with your head.
New bees do not know what practical experience really is, even if they have knowledge and are well aware of rules and procedure they will get more than their first knowledge after first experience. I suggest them to avoid starting with precious coins in the beginning so as if the first experience is loss then it will not be a huge loss.

On the other hand if you start with less valuable coins then you will have a great experience of it even if it is loss then it will be understandable and you will learn from your mistakes.
44  Economy / Exchanges / Re: Trading Platform on: October 03, 2018, 07:13:40 AM
If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you Cheesy


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion Wink

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

I agree with the one mentioned in the beginning that is recommended strongly known as Binance exchange which is highly rated and people around the world love it very much due to several facilities it has for us. As we have Human nature always go for easy ways and shortcuts do the same here among many exchanges we choose it due to its simple use and large volume availability is adding more to it.

45  Economy / Economics / Re: Are all cryptocurrencies destined to be store of value in the end? on: October 03, 2018, 06:36:23 AM
Because of the many crypto currency that are launching and competing with each other in the the market cap, then I could say that not all cryptocurrency are destined to be a store of value in the end, some could become a stable coin and others might be failling kind of coin in the future.
Yes, competition is there among many crypto coins which are currently of different values so it is wrong and may not possible to come on same stage or position. There is clear difference among all the crypto coins in terms of features and functions so all cannot go together and they will be on different positions just like their current positions. May be some crypto coins get failed in future but crypto is the future especially the Bitcoin.
46  Economy / Economics / Re: Why Cryptocurrency threatens governments on: October 03, 2018, 05:54:00 AM
Simply because governments like to have complete control over everything in our daily lives.
This is one reason among many reasons why the advent of cryptocurrency is a threat to majority of the developing countries. If we see the trend of growth of cryptocurrencies in the developed countries, it is swift and normal for the governments to tackle the challenges posed by it but in case of the developing countries-majority of which are already in financial crisis-the advent and implementation of crypto system in the economy can disturb the existing system whose policies have been built around fiat.
Yeah, world is changing with the passage of time with new inventions and innovations and use of those technologies are in our benefit but the fact is that it is we to do something in order to enrich ourselves with the opportunities we have. Government can use cryptocurrencies for their benefits as well but actually they are thinking that it will disrupt banking system which is actually not, they can handle both if they want.
47  Economy / Trading Discussion / Re: are you now afraid to save bitcoin until December 2018 on: October 02, 2018, 08:08:45 AM
I now do not have bitcoins. Because I transferred all my bitcoins to altcoins recently. I think this is the right step.
Well you would have made the decision after doing the cost benefit analysis. So of course it would be good if you are satisfied with it but I feel ill at ease because the decision of transferring Bitcoin to altcoin is not what I call a wise one. You should have seen the ratio of profitability in the respective coins and the risk that is added to the new coins. I do not fear holding Bitcoin once I invest for the long term holding is the only way you can get your worth replicated.
48  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy or Not on: October 02, 2018, 07:33:44 AM
Hey guys how are you all? I think not good all because  all cryptos are too low now even ETH too. But now i want to strat trading again. Can i buy coins in this situation or not.
Thanks in Advance
I advise you to buy eth coins from now on, this can be done because ethereum is experiencing a price decline and of course if the ethereum price is in the best position I am sure there will be lots of profit.
This is no doubt very important to decide the length of the time you would be willing to hold the assets you want to invest in. One thing should be very clear that expecting quick profits is foolish thought. One should not do that. Unwise expectation indeed. However, the prospect of earning is always there if you hold the coins for long enough to let the market add value to your portfolio. Better buy today for future profit.
49  Economy / Economics / Re: Do you have to make big investment before you can make profit in crypto? on: October 02, 2018, 06:56:56 AM
The secret of making a profit in the crypto industry is the identification and exploitation of opportunities. One can earn a high profit even with the less capital but he should have a good sense of timing and understanding of the market. In fact, I would say that everyone should start with the lowest possible amount to get some experience in the market before pouring the entire capital.
If you choose the right coin as well pick the good timing in buying it, then earning will matter still depending on how much we invested in that project, though the thing always needed before investing is not how much but what project will make you earn.

And this knowledge comes out of the experience which again requires the time. I have seen people earning exponential returns even in case of the small opportunities. However, not everyone can afford to lose a big chunk of money in his initial phase of trading and investing and hence starting with the lowest amount helps him to enter into the market with phased manner.
That is exactly right about the initial strategies in the new market. Little investment in the market in the start is very secure and helpful. On one hand if keeps you secure even when you are about to loose because that is normally the amount that you are willing to loose. Secondly, it is worth investing little for it gives you first class experience at low cost. This practical experience could later be used to make strategies when you invest big.
50  Economy / Economics / Re: People are not motivated by money. on: October 02, 2018, 06:26:36 AM
if you want to create an innovative thing you need money - it's the harsh truth of the modern world
There is also another option for earning money in the already invented stuff. This is human nature. He invests in the assets wherever he can get from. In the same way, cryptocurrency is a very new thing in the market and they started investing in it to earn and make big money.

This is all just because of the motivation of the money that keeps you going in the journey to perfection.  Among nations, where there are lots of factor to determine their development, money is the leading one.
51  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ether is about to rally strongly says Wall Street’s Tom Lee on: September 29, 2018, 08:30:15 AM
I really can not believe the words of the Wall Street Journal. There are a lot of people who invest in securities that go bankrupt because of the rumors of these giants. I think we should believe in ourselves better. Grin
This is where I talk about the effect of the influential people over the media. Slight uncertain or ambiguous news about anything on the print media can change the investment pattern in moments. If your state TV tries to promote ETH in abc country, trust me it will run out of supply. So we should rather stick to the market indicators and invest keeping in mind the market data. Besides, it is an open secret that ETH will recover.
52  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waves - should I purchase? & how to purchase? on: September 29, 2018, 07:41:15 AM
It is always bad time to buy a coin when it is rising you should buy it if everyone is hopeless about it and sell it, ~buy always when there is blood.
I think that is a general perception and the logical reasoning is also needed to be discussed. Besides, this is true only about an asset with great potential in its early ages Right now, when all the coins in the market have reduced values and very low prospect of growing anytime sooner, I do not think you should invest in Waves. Better change your mind and go for something else. ETH, Litecoin and Bitcoin are great alternatives.
53  Economy / Economics / Re: If Facebook promotes cryptocurrency, would it positively promote it? on: September 29, 2018, 06:33:45 AM
Although social networks are distributors of mass information about bitcoin I think this is not so important information. So practically knows all the population of our planet !
This would have been very instrumental in rising the demand for Bitcoin. Facebook is very easily accessible to all in the world including the poor who use it as a source of information about almost everything. But we see this is not happening because cryptocurrency is banned in some parts of the world and the policies of facebook have been formulated to promote only the cause that has a global impact for the well being and not something controversial.
54  Economy / Economics / Re: Asians are the most bitcoin holders in the world. on: September 29, 2018, 05:46:50 AM
bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me
I dont think so. Bitcoin can now be shared to countries around the world. Asians cant be the continent that holds the most Bitcoins. Investors have sold Bitcoin to other people on different continents. So we cant conclude that Asians hold the most Bitcoins.
Actually majority of the countries in the Asian Continent have banned cryptocurrency. It does not have a legal tender in India, Pakistan, Bangladesh and even in China it has been the victim of law and enforcing agencies.

They just banned few crypto exchanges and the reason behind doing so was the threat to the economy though it was not revealed by the state bank but was speculated by an expert. Anyhow, Asians are not the most Bitcoin holders. They are American with Tim Draper 30,000 Bitcoin and the Twin brothers more than that worth billions of dollars.
55  Economy / Trading Discussion / Re: I've got $20k to invest. Please recommend! on: September 28, 2018, 08:02:35 AM
If you still have that much of a money then buy XVG, Cardano, DGB, Litecoin by diving that money.
Bitcoin and Litecoin would be more than enough. Take risk and invest few thousand in ETH as well. With this portfolio, you can have a big outcome in future just like some of the top American entrepreneur who earned millions in Bitcoin only. The current cost of investment is also down for all the coins mentioned and all of them have great potential and hence probability of profitability.
56  Economy / Economics / Re: Why is Bitcoin still a slave of Fiat? on: September 28, 2018, 07:28:24 AM
In my opinion, it is because bitcoin is still not accepted worldwide while fiat is official currency
Tim Draper, who is one the best entrepreneur of the current era and has his money invested in companies like Tesla and Twitter was of the view that fiat will completely vanish from the economy and this was 2014. According to him, in five years, people will laugh at the name of fiat because cryptocurrencies will be very prevalent and would be used all over the world.

Today after 4 years and 9 months of that interview, still a big portion of the world's population uses fiat which means that the market responds differently than the way they speculate it will. This is the reason why Bitcoin is still inferior to fiat because the costumers of fiat are more than the people who invest in cryptocurrency.
57  Economy / Economics / Re: how to help people who have problem economic on: September 28, 2018, 06:46:47 AM
giving money is easiest solution , but not best solution , i think the best way to do it is teaching them how to make money and let them decide to do it or not
It is not only about giving them money but making it sure they use the money for productive purposes. This productive purpose further increases the production capabilities and marginal productivity of labor as a result of which they are likely to be employed. Another way is to work on their skills which falls under the human resource development and has been one of the ways to boost the production in the economy in many European countries. This is the reason they have traveled so far in the journey of perfection.
58  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should investors trust ethereum anymore? on: September 28, 2018, 06:00:56 AM
In the past few days I've seen the price of ethereum fluctuating as a new entrant in this field. What should I do to buy or sell out need advice from a specialist or switch from eth to eos for investment I see The eos is growing ever since it overcame eth in the future

I think trust or not is depend how much they get profit from ethereum, high return high trust low profit low trust. Many people can't think clearly about market condition right now and so money asset already stuck into crypto market will make people confused what should they do?. Decides your action depend your strategy, do it right now and never ask again. Strategy say buy just buy sell go sell and if cut loss never hold it.
Whether strategy or not strategy, man I just believe that if you can’t trade Ethereum, then you will also not be able to trade other coins. By the way, Ethereum is very good and despite that the price is falling you can still make a good amount of profit from it. There are people who are still making profit today and there are also people who don’t know what to do and they are the ones who keeps on losing.
59  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How will the Crypto market end in 2018? on: September 27, 2018, 10:29:02 AM
We all want the crypto market to recover just like what its value last year. But i can't see that too happen this year. Lets hope that it will end in a better way this 2018.
This is exactly the case this year. The end might not blast that much. There is possibility for growth but I doubt it will be an accelerated one. I only expect Bitcoin to grow and if it crossed $10000 and stayed stable, it would be the start of the next impending boom. The rest of the cryptocurrencies will be affected as well. But come the end of the year and only then we would know how vibrant the crypto market is.
60  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum will reach $ 15000 in this year. on: September 27, 2018, 09:56:58 AM
Ohh and an optimistic forecast, Ethereum should grow 100 times? =) I doubt very much that this is possible, but there can be anything in this market.
This is in fact an over optimistic forecast about the future value of ETH. $15,000 is a big amount and I at times even doubt the growth of Bitcoin to such a high value let alone ETH which is very down these days and has lost a big market cap as well. A good forecast is the one that is backed by real data and market demand.

Only then one can come up with a value that can be arguable. Moreover, with the passage of time, ETH market will recover but it will take a long time to reach $15,000.
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