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681
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Economy / Trading Discussion / Re: Altcoins and bitcoin - Where is the good investment now?
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on: August 10, 2018, 01:24:58 AM
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Bitcoin and some basic coins are good to have as a safety option - there is a suspicion that the situation will change greatly and bitcoin will cost many times more.  And for the future, you need to look for good ico projects-to look at what to eat and choose a few-there is always a good potential for growth. I'm currently working with such a company.  You can see that the market is constantly changing and bitcoin prices are dropping sharply, which will cause the price of altcoin to fall, so I think you do not have long term investment at this time and you only Day trading and short-term investment should be avoided because bitcoin prices may continue to fall sharply at any time. Nope in my opinion. the short term will be far more risky due to price fluctuations and more likely to decline. and holding is the right thing to avoid loss. Bitcoin and altcoin investments are equally profitable. but the risks is vary. You can choose bitcoin if you want a smaller risk |
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682
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Economy / Trading Discussion / Re: What is your best HODL in this Red Zone?
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on: August 10, 2018, 01:22:18 AM
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The best thing we can do now is holding BTC, all alts are falling against BTC. We can start accumulating some altcoins after BTC confirms its bullish trend, all traders are waiting for this signal in order to take new positions.
You are right mate, holding bitcoin for a long-term is a good decision and also may I suggest ethereum coin has also a potential in term of holding those coins will profitable. These coins now were on the top of coinsmarket cap so, no doubt on it if you intended to hold for a long run. Yes.Having bitcoin and ethereum for a long term holding will really make us more profitable if we can see their prices already reaching their peaks.Although i've seen already a price increase for btc in a steady manner,hopefully the price for ethereum will make a huge increase too in the next months. I will no longer doubt these two coins. if the price drops even though I will not hesitate to holding it because the potential price is very likely to rise again. unless you buy a small altcoin. of course I will still consider to holding it when the price crashes |
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683
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Economy / Economics / Re: My Advice on Investing in Crypto
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on: August 10, 2018, 01:19:41 AM
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The best advice you can get is Do your own research!  Mehdi Probably an even better advice right now is to not bother and to not invest in altcoins right now, I know the temptation to make a lot of money is there and believe me I can feel it too but since almost everyone that invest in altcoins and icos losses money then what it is the point of investing in something that will make you lose money in the short term. I don't think that is the right advice. if you say this yesterday you would have eliminated their profit opportunity. you know today the prices of most crypto are up a few percent. if you see prices drop before and think that it's a bad situation you're wrong. precisely the market crashes are not always bad. you can use it to buy |
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684
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Economy / Economics / Re: Banks admit they fear BTC
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on: August 10, 2018, 01:17:24 AM
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That really doesn't come as a surprise to me, and I just wonder why they actually admitted that. Not that I really care, because I take a critic approach on every try of news I read, either being positive or negative news. Everyone knows that cryto is a highly speculative market, and that news play a huge role on it's price movements, so its easy to try to perform price manipulation when you know you can reach to a huge number of people.
Maybe banks admit it because they want to enter on cryptocurrency market and adopting crypto to their system. If banks admitted they entering on crypto market, indeed it will make price movement very high fluctuation because banks will bring a lot money in market Actually the hope of bitcoin users is this. where banks can collaborate with crypto. banks adopt bitcoin. and users can easily deposit or withdraw to bitcoin. of course that can be beneficial for both right? I hope that can happen in the next few years |
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685
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Economy / Economics / Re: Bitcoin and Disable person
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on: August 10, 2018, 01:14:38 AM
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People with disabilities and the poor often have a stressful life and often fall into a situation where there is no money. So what do you think will help them make a profit from Bitcoin to make their lives better? I think there are no restrictions and conditions for bitcoin users and investors. so anyone can invest and use bitcoin. there is no prohibition for that. if they understand the risks. why not? after all bitcoin is also very easy to use and certainly profitable. yeah maybe it can help them |
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686
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Economy / Trading Discussion / Re: What are your rules for profit taking
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on: August 09, 2018, 05:11:41 AM
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My rule is to take the profit whenever my profit target has been reached.
And the specific target depends on the market situation and on the specific coin.
Agree is a very good strategy. actually I'm not too greedy in taking profit. try to make a plan for the price target you must achieve. but also adjust the price target with market conditions. so that the target will not be difficult to reach. nice rules dude! |
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687
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Economy / Trading Discussion / Re: What Motivates you to Invest in Cryptocurrency?
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on: August 09, 2018, 04:59:26 AM
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There are basically two things that are motivating me into a cryptocurrency in listening process, they are gaining the profit, and belief that cryptocurrency is having a great bright future.
Yeah the potential that exists in crypto makes us motivated to invest and earn cryptocurrency. because technology will be more advanced. of course many people will get to know crypto and that is one of many thing that will make crypto's future be bright. |
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688
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Economy / Speculation / Re: Bitcoin Price Prediction in upcoming 3 Month?
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on: August 09, 2018, 04:53:34 AM
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I am also much hopeful that the price will reach much higher by the end of this year just like 2017. I think it will reach $20k or more and the market has already shown that it has the potential for that. Lets just be positive and hope for the best.
That 3 months means that it is at the end of 2018 and price changes in bitcoin will also be affected by many things such as price history. and we know that last year prices skyrocketed at the end of the year. so I thought that it was very possible that the change would happen again. |
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689
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Economy / Speculation / Re: Bitcoin Price Prediction in upcoming 3 Month?
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on: August 09, 2018, 04:50:06 AM
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$20000 is way too optimistic for now. I think by the end of this year it will vary between 10 to 15K. Wait for next year as it is yet to reach its peak point, and 20K is a good call.
Anything can happen in the bitcoin market right? moreover in the past year the price of bitcoin began to crawl up in August? I think we must be more patient. I myself very confident that last year's prices can be repeated again this year. first we see what happened this month. I hope prices can bounce back |
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690
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Economy / Speculation / Re: Bitcoin - Bullish or Bearish 2018
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on: August 09, 2018, 04:43:54 AM
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2018, for me, will be the deciding factor for bitcoin if it will be a part of our future or not. But taking into account the previous history of bitcoin, I think there's a chance that we will see bitcoin repeat the all time high last year or just close to it.
Me too hope the same thing for price changes can be like last year. but up to mid-year. there is no increase too high? bitcoin market is more often experiencing price declines. could it be bearish this year? I hope recover prices will happen soon. |
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691
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Bitcoin / Bitcoin Discussion / Re: When you think of currency what will come to your mind?
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on: August 08, 2018, 02:15:50 AM
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The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?  This shows how they are evolved fiat to atm to just a gadgets to purchase, this only shows how technology are being born into new ideas and techniques i see that we don't need our phone after 5 years from now just ourself and there is will be a technology that built into our body like just a small chips i'm waiting this kind of scenario to happen. You right. lately I've seen startups very often about payment services. they offer a lot of promotions like discounts if you use their application. this proves that the currency has changed. payment method will progress. and you can just bring your cellphone to pay |
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692
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Bitcoin / Bitcoin Discussion / Re: Do whales really control the market, or is that a myth
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on: August 08, 2018, 02:08:19 AM
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I'm into crypto for almost a year. Not too long, of course, but it's enough to understand that there are some "higher forces" behind the crypto market. I haven't decided yet whether it's good or not. First of all I'd like to know what the goal of these players is) but it's highly possible we will never know it))
I'm sure there are large scale investors of Bitcoin and when they do buy or sell their coins the exchange will be felt in the market at the same time though, I'm not sure the whales control the market as even for them that would be risky. I think if whales have almost half of the total supply of bitcoin it is very possible they can control the market. but seeing the total bitcoin users reach tens of millions of users. I think it will be difficult for whales to control the bitcoin market. unless he controls the altcoin market |
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693
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Economy / Economics / Re: Wise thing to do with your savings.
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on: August 08, 2018, 02:03:41 AM
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At the moment, I am putting all my savings into my own home. And of course, it's better to invest in crypto currencies. Here earnings are 200% faster than in other ways.
That is true but only in case if we pick a good coin to invest, we could split our savings and some of them we could put in our house and a little percent in crypto cause in future we could gain more money to put for example like you in home. Is it safe to save all your money at home? Are you not afraid of robbery? I think it would be wise if you save your money in the bank dude because it will be much safer and it will be much better if you also save your money in gold, real estate, or crypto |
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694
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Economy / Economics / Re: Is bitcoin more of a real money than money itself?
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on: August 08, 2018, 02:01:42 AM
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It can not be said now that bitcoin is more than real money. Because bitcoin's price changes. Its price is all about trust.
Bitcoin price changes and that price movement is not all about trust but it just shows how the investors or trades move their crypto currencies. Bitcoin cannot be a real money, it is decentralized, also, it said that it is a measure of a value. Bitcoin price is usually USD depending on your country but the value of Fiats are never measured using Bitcoin. Bitcoin has a very fast or volatile price change. which means it will be very difficult to use as a currency or method of payment because it might cause losses on both sides. but that doesn't mean bitcoin isn't money. only the use is difficult |
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695
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Economy / Economics / Re: Which one do you prefer?Increase your Bitcoin or ِDollar?
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on: August 08, 2018, 01:59:23 AM
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In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
I like increasing Bitcoin, and I'm willing to swap all of my Dollars into Bitcoin and save a few dollars for my life...I do this because I'm sure the price of Bitcoin will increase in the next few years. I'm sure you will really get rich based from your own decision.I love earning bitcoin and dollar at the same time but the worth of a single bitcoin costs thousands already when converted into dollar so obviously,i would crave increasing amount of my bitcoins.But i also see to it that i still have plenty of dollars too left in my pocket to buy goods and services and for bitcoin,that would be my investment for future use. I think we still use dollars for spending. because the main currency still uses dollars. so don't forget the dollar. but to grow it will be far more worthed using bitcoin. because the price changes are very fast and very profitable |
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696
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Economy / Economics / Re: bitcoin in developing countries
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on: August 07, 2018, 11:44:04 AM
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at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
You are right that government should not be called and passive about cryptocurrencies each year, but it seems like some of the countries are totally neutral about it and they are not making any statements. Some developed countries like United States and Japan have provided responses and actions such as regulation and that is a good thing. seeing bitcoin thrives in developed and developing countries. of course the regulation can benefit for the government and also the users of bitcoin themselves |
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697
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Economy / Economics / Re: Government regulation on cryptocurrency, GOOD or BAD?
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on: August 07, 2018, 11:42:03 AM
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I think government regulations is good for cryptocurrency. It only implies that if there is regulations, there is recognition on the part of the government.
In that sense, crypto enthusiasts feel more secured and confident with their investment.
I think it depends on what rules the government applies to cryptocurrency. if the regulation is in the form of a ban it will certainly have a negative impact on the crypto market. but if the rules and regulations are made so that both get the same benefits. certainly will have a good influence on the development of bitcoin |
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698
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Alternate cryptocurrencies / Altcoin Discussion / Re: How safe is our money in crypto?
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on: August 07, 2018, 07:04:58 AM
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Money is not at all safe in cryptocurrency, There are so many hackers around here who's only business is hack a wallet of bounty hunters to get money without doing anything.
Yes our money is very risky on crypto currency. Cause there have lot of chance to loss our whole money. But if you want to get some good profits you need to take this risk. You can also use all higher security to safe your money from hacker. Since we know that already all we have to do is to apply all precautionary measures to kept our assets safe, taking risks I think is a pre requirement of our journey going to success. all have risks but the risk can be minimized by how you manage it. there are 2 risks that are considered. first risk because of hackers and there are many explanations about securing your assets in the wallet from hackers. like using hardwre wallet, 2 autentication factors and so on. second risk to investment. You have to hone your skills and knowledge for this |
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699
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Alternate cryptocurrencies / Altcoin Discussion / Re: Exchange it or Hold it
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on: August 07, 2018, 06:52:38 AM
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If your coin has the potential to get high value it is better to HODL than exchange/ sell, if you do sell, soon or later the value of your coin rise you will regret selling it. Or better yet just Hold for a week then sell/ exchange it in a reasonable price/ value as you feel liked.
I myself invested my money in Bitcoin, Ethereum, and ADA. maybe I will sell ADA in the near future when prices start to rise. but I will holding my Bitcoin and ETH. You're right if you believe that price of the coin will continue to grow. then why not to hold ? |
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700
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Economy / Trading Discussion / Re: Day trade?
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on: August 05, 2018, 03:43:14 PM
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If trading options are risky for you, you will probably lose a lot of capital while the market is constantly decreasing as today, so my trading style is long term.
For some conditions daytrade will be quite risky if market conditions are likely to decline or bear a trend happen. and sometimes holding for the long term is also the right strategy. it depends on you. if you are ready with a greater risk. it is not a problem to keep doing daytrade |
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