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1121  Economy / Trading Discussion / Re: Short term vs. Long term investments on: July 21, 2018, 05:27:16 AM
Which do you prefer?





Hello Everyone, want to ask few questions here.

Short term or Long term investment?
Which is more profitable to you?
What coins  do think that is good for long term now?

Feel free to comment your ideas and opinions.

What exactly are you doing in Bitcoin, are you a trader or you’re just an investor that relies on the price going up and down to make profit (HODL). Mainly Bitcoin is something that you need to have patience with, you don’t rush it. You just invest and wait till price goes up, if you can’t wait, then it’s up to you. Sometimes the price of Bitcoin can go up at anytime and even go down. So you just have to be monitoring the price and try to cut loss when you have to.
1122  Economy / Trading Discussion / Re: What about your trade? on: July 21, 2018, 04:55:01 AM
I found lot of traders who bought a special coin from many exchange site. Then few months they go for sleep and wake up after 5 years. So now what about your trade?
I personally like to start trading on Bitrex and Binance besides which many other exchanges are here so it is not a problem for me and all of us if you are looking for it too. Trading with Bitcoin for long term is favorable and the current price is still a low price so it does not matter what people think, just follow your own knowledge which is best for trading so you will not face with downfalls and problems.
1123  Economy / Economics / Re: why the state does not print a lot of money? on: July 18, 2018, 06:16:55 AM
why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?

whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
The problem is that printing more money doesn’t increase economic output. Money is just a piece of paper that the government assigns numerical values. In other words, the more money a country prints, the more it is devalued, which leads to inflation (rise in the prices of goods and services).
States and countries manage everything according to budget and economy which cover everything necessary in country. For printing money they do not look for the quantity but make enough quantity and not more. Furthermore it needs huge budget in its manufacturing to make papers of high quality and then its printing etc cost a lot. In this modern world if a country adopts cryptocurrency then it is a successful country.
1124  Economy / Trading Discussion / Re: What's your trading strategy? on: July 18, 2018, 05:43:09 AM
trading strategy that I use is actually very easy and it seems that many have used trading strategy like this, the strategy I use is just buy cheap and sell when the price starts to rise to be expensive and most important of all it is you have to be able to control your patience have to get a lot of profit.
You do not need anything further if you know the basics of market which will keep you safe from problems and problems create if you make wrong decisions and that is why the basic knowledge is necessary which keeps you safe from these problems.

Strategies also benefits if we know the right time to apply a single strategy because you can not use any strategy at any time because the market changes with the passage of time.
All I follow is the basic knowledge through out trading which is a protective coat for me and make my survival guaranteed. I prefer to must have the basic knowledge after which we need to polish our skills practically which will bring your knowledge in motion so believe in your knowledge and not the starting amount. Do not waste your time and be a part of the market in order to enjoy this modernism.
1125  Economy / Economics / Re: When will people feel comfortable using BTC ? on: July 17, 2018, 05:52:52 AM
When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.

In my own perspective they will feel comfortable using bitcoin if bitcoin will be legal. It is comfortable for those bitcoin users bacause they can freely use the bitcoin without any hesitating what will happen if the other people know that they are in bitcoin. Having legally of of bitcoin is heart whelming because you don’t need to think anything.
In the beginning people were facing with difficulties because there was no strong guidance about it. With the passage of time the market became more popular due to its promotions and awareness causes due to events. Now at this stage of market people are comfortable as they know that both the market conditions are in benefit so they are not giving importance to its unstable actions but are here for making money.
1126  Economy / Economics / Re: Why people are still buying BTC? on: July 17, 2018, 04:48:56 AM
Their reason may be their chance to buy it, because bitcoin prices are low and they buy as much as they can afford to invest.
Bitcoin can still be trusted because they believe bitcoin will definitely rise from adversity and believe in the coming months bitcoin will rise again
many people are still optimistic about the future of bitcoin. although it is still experiencing a very large decline, but many people consider this cheap price is a good opportunity to buy and sell it in some later.
There is nothing bad happened with the Bitcoin just the market value faced with downfalls and can recover anytime so do not think that market has something which are unfavorable. In my opinion market either low or high benefits us but it is we who are making complications. People can buy Bitcoins in this low market with but in large quantity using less money so it is benefit in start.
1127  Bitcoin / Bitcoin Discussion / Re: Crypto faster & cheaper? on: July 16, 2018, 05:21:23 AM
It's a good thing that more and more altcoin is trying to go beyond bitcoin, because technically they've already exceeded bitcoin.
But the BTC is still the encryption money market leader, it will not be replaced by any tokens, this is the same truth, if have tokens, replaced the BTC, so the encryption will collapse in the currency markets.

A lot of coins have gone beyond bitcoin technically but bitcoin still has 34.8% of the total market cap currently. It seems bitcoin is not going to die because of technical lack.
Bitcoin will definitely not die, neither by technical faults nor by any other means, until and unless the rates are volatile and high it will keep on attracting more investors and hence the circle will keep on going and I don’t really see bitcoin dying anytime soon rather I predict bitcoin can touch greater heights if the mining is more efficient and less costly also if the transaction cost is lessened then it will attract even more investors and traders.
1128  Bitcoin / Bitcoin Discussion / Re: Bitcoin mining is costly... on: July 16, 2018, 04:50:14 AM
I don't think it's any point of starting BTC mining nowadays unless you doesn't have a billions of $$ and a cryptofarm
Well if someone is thinking that they will setup a bitcoin mining rig in their free time then he or she is totally fool to do this cause the investment of time and money they will put in will yield only few dollars which won’t be beneficial, where as someone with a lot of money is thinking to setup a large scale mining rig possibly near some power station so that no electricity problem is faced then he or she can still earn huge even now.
1129  Economy / Gambling discussion / Re: Life with a Gambler - Solution! on: July 14, 2018, 06:39:49 AM
My partner was a gambling addict for many years, and I put up with it as much as I could for many years. We had talks about it. We had fights about it. Sometimes we went for weeks without speaking to each other. Many times after promising to quit, she'd quietly go back there and lose more money. The children would stay up until late into the night waiting for their mother to come home. Where's mommy? They'd wake up tired for school the next day. One night after she came home, something inside me snapped. I had enough!! I told her to get the F out of my house and to take all her crap with her. I told her that I'm going to divorce her and take the house and the kids. I told her that I have copies of all her bank statements showing how much money she's been squandering at casinos and that no judge in his right mind would give a gambling addict custody of the children, besides she was always broke. I was seeing red and I was fully prepared for the ugliest divorce and custody fight ever. Do you know what happened after that night? She quit gambling. It's been 6 months or so since that night, and I have to say thanks be to God for answering my prayers and bringing this whole ugly problem to an end. I've never been that angry with her before, and I guess that is what she needed to see before she quit. I showed her the brick wall that she was heading for and she slammed on the brakes.
Nice story, I really enjoyed. I have also a friend who is regular gambler and I also visited with him for many times, but I just look out and never gamble because I have no experience of gambling. I have never seen him winning big money and took it to home, he always lost and not only he but all other gambler also lost money. Only the owner of the place collects money.
This is the main problem in touch with gambler. After some time you will also start gambling because of the community. I think before you become addicted of gambling you should leave their company. Bad habit and bad people have bad impact on your life. I try to keep avoid of such people and such game. I don’t want to be dis respected in my surroundings.
Yeah we can say, gambling comes out to be integral part of your life just because you are having bad company. When this company just flew away from you or you get apart from them, may be things get better. And if this is of some little surety, believe me you are good to go for this. Make it your concern and learn out this gambling company because they are ruining their lives and yours too.
1130  Economy / Gambling discussion / Re: Walk of Shame on: July 14, 2018, 06:08:29 AM
To avoid "walk of shame" only gamble that much amount which you can afford to lose. I have never done such thing which is not in my capacity or limit.
In gambling losing is a part of game but losing everything even after knowing your limits is somehow idiotic or dumb act.
When you already know that this would be a participation thing to get into this trouble thing and gamble, then why to go even in this game. Why not to be at arms distant so that you could never be able to get in this walk of shame. For this, you don’t require to gamble at affordable level and then you say okay if I go up this line I would be added in that list. No, quit this game.
1131  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What coin to invest? on: July 11, 2018, 05:44:46 AM
Searching for a good coin is no easy task, but I believe hard work pays off.
This is the key for searching that good coin,
Know the purpose of the coin
Target Market
Team, this is very important because lately they've been many cases of ICO scams

The most important things are devs, whitepaper, road map and community. If any of this things isn't good then you shouldn't invest much money in that coin. That's the way i see it.
Bitcoin and Ethereum are better choices in this current market because I will say about the Bitcoin which has low value these days. However the value increased a little but still it is achievable and affordable for us which will be in our benefit if we do so. In this way we will be able to have large quantity of coins if we use small amount as compared to the average price of Bitcoin where we use more amount to buy coins.
1132  Economy / Trading Discussion / Re: How to HODL the right way on: July 11, 2018, 05:13:51 AM
The method I use most often is to buy a few potential altcoins on the big exchange and then send altcoins on my MEW wallet. And I only watch the price of the crypto market once a month. If my altcoin is increased by more than 70%, then I will decide to sell all and buy other altcoins

You are going well with this strategy and it seems your results are quite satisfactory because your confident talk is evident of it. But brother, don’t you think only investing or trading with altcoin gives you so little money as profit? Don’t you like to get bigger profit ratio at once and in very short time with better results? So get into bitcoin world and make good income for you.
1133  Economy / Economics / Re: Germany recognized the bitcoin on: July 10, 2018, 06:24:25 AM
The Ministry of Finance of Germany signed the Decree on recognition of bitcoin  legal tender.  The document specifies that purchases made for cryptocoins, are not taxed!What do you think about it?



I think this is very good news for all crypto traders that Germany 🇩🇪 being the so developed country has legalised bitcoin and the Matter of keen interest is that they are not implying taxes over the exchange of crypto currency and I think this is a news to cheer about because this is the thing that all people are tensed about that after the legalisation of crypto currencies, the tex over them will be increased but Germany is not implying any taxes over bitcoin and this is really a very good news for all.
Experts have already told that it takes time but most of the countries would be accepting bitcoin. The basic reason isn’t that this would be helping their citizens to make good money for their own lives, rather they intend to become on the list that would include the super power and powerful countries of the world in coming world. Bitcoin would be the categorizing factor for this owner.
1134  Economy / Economics / Re: Tax on the crypto currency! What do you think? on: July 10, 2018, 05:53:48 AM
We can see what will be the future of cryptocurrency if tax will be approved. We know what are the effects of tax, especially if our profits is too low. We cannot get the whole income, there will be always a percentage for tax. Is not like our income, a little profit for small investment can cause a big problem for us.
This is a game that is being played in a very charismatic way. People don’t even know where their money is going. They think, this might be used for their own betterment but the reality is a little bit different. Politicians are implementing and implying so many taxes on general public and when they get that, majority of the portion is just going to the pockets of these suck politicians.
1135  Economy / Economics / Re: Long term argument for bitcoin on: July 10, 2018, 05:18:47 AM
The fact is that bitcoin has the largest capitalization in the cryptocurrency market, so it is the most reliable asset.



I think on paper easier to say that all the coin similar, but one line of code bad can be a huge losses and experience with bitcoin make clear that we will not have a big problem with ease. to conclude coins not really any results. their value based on the trust and use. bitcoin widely used and this is what makes bitcoin more valuable than currency crypto other. bitcoin better tested on higher volume and in-term longer time that makes bitcoin more reliable than currency crypto other.
Not only with these two coins but with another as well. Al the crypto are for this reason. We have to change our lives through them as they are best sources and chance for this thing. People have shown such keen interest towards this bitcoin world and they have got handsome earning. With which they have enhanced their living standards and now life is much happier for them.
1136  Economy / Speculation / Re: Bitcoin prices are falling! on: July 09, 2018, 06:48:22 AM
falling bitcoin prices are not always a bad thing because the falling prices are actually awaited by some people so they can buy bitcoins at a cheap price because they know that bitcoin will definitely rise again so it will get a profit
Falls or downfalls are the result of decrease in demand rate of people for the Bitcoin and is same in the other cryptocurrencies like Altcoin or Ethereum decreases with decrease in their demand rates and increases with increase in demand rate. This is a general rules besides which negative news also affect market rate has a direct affect on demand rate. Currently after downfalls the market has increased up to 6.5k dollar so we are expecting for more increase and are happy at this current stage.
1137  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crypto future from July on: July 09, 2018, 06:18:40 AM
Beginning of July looks quite good, I expect the same growth to continue. Last year too by July onwards the price began to increase, this could be clearly understood going through the growth chart of the bitcoin. With that I believe July will be big month for Cryptocurrency.
Yes the start of the new month has brought some good news in the form of the price appreciation. The fall was recovered by a portion more than by which we had witnessed the fall. This is an incentive for all those who wait for the green signal in the market and pool up their funds in the account of the crypto currency they buy. This simply increases the chances for them to have a large marginal profit as compared to those who have already invested high.
1138  Economy / Economics / Re: Wise thing to do with your savings. on: July 09, 2018, 05:49:46 AM
if I save it is mandatory, because if we save can make our old stock later, if you have money should never in one use, if you have money should be in the tube.
It is quite hard to decide what to do with your savings in order to make profit for which source must have a long term trusted store of value. In this modern world this decision is very easy for all of us to select a way or source from which we get profit. Most of the investors out there are recommending the crypto market best for making profit and especially the Bitcoin investment.
1139  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum will reach $ 15000 in this year. on: July 07, 2018, 07:11:57 AM
ether won't reach 15000 dollars this year which is a highly impossible price assumption for this year we can expect etherum price to touch 3000 dollars max for this year
That is right. I am not so sure about 50 years as we can not predict the timings in the crypto market. This might even be possible in 5 years if we witness jumps in prices like we had in 2017. However the $15000 value looks a bit more over estimated and what I know from the experts around is that ETH will cross around $2000 this year. Others a bit more optimistic about prices.
1140  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which Crypto to buy in Bearish Market ? on: July 07, 2018, 06:26:31 AM
maybe Cardano and NEO is better but I don't want to give any confirmation because this market keep changing all the, I think wise decision will be analyzed the market bit more if your sitting confused about where should invest.

In my opinion, an investor always tries to find the marginal profit in an asset before investing in that asset. You can invest in any crypto in the bearish market as long as it can give you profit according to your investment plan. Be it Bitcoin and ETH for long term investment and crypto like NEO or TRON etc for investment for short term. The best strategy is to invest in the former for the values are low in the market, for long term.
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