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1361
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Economy / Trading Discussion / Re: My luck is very bad for crypto trading 😞
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on: October 26, 2018, 12:35:12 PM
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Don't rely on luck when you are trading. Check the charts, use the available tools in the exchange site to check if the price of the coin that you want to buy is still good. Learn how to use tools like RSI (Relative Strength Index), Bollinger Bands and Parabolic SAR. Check the price history as well so that you will know if price is high compared the last few days and check the news of that coin that you want to buy.
Yeah there are many aspects that you have to analyze and research. why do you depend on luck? Of course it will only hurt you, because the price changes will not match your random estimates? so understand about the market and keep learning. |
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1362
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Economy / Trading Discussion / Re: The advantage of day trader
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on: October 26, 2018, 12:27:26 PM
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The advantage of day trader is loss is not that too much as you have your own daily exit plan. Though day trading is risky but if you know how to ride the market you may earn profit little by little daily.
but if you don't have the knowledge and skills then daytrade will easily give you a loss? if you are not alert and ready, maybe your losses will be much greater if you don't keep on standby on the market because day trade requires a lot of time allocation? |
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1363
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Economy / Trading Discussion / Re: looking for 15% / day (short term trading)
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on: October 26, 2018, 12:21:34 PM
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15% a day? Mate you are craazy, it is more than impossible and i am more than sure in that you are never goign to be achieving those numbers in less than 24 hours. Take inconsideration that we are still on a bear market, the volatility is more than high
in the altcoin market where there is at least a dozen pumps every day earning 15% profit per day is considered nothing! it is actually quite easy to do if you master the market and learn how to detect these pumps before it is too late and get on board to ride the manipulation partially to the top and make your profit. whenever you are in doubt go to https://coinmarketcap.com/all/views/all/ and sort the list based on 24 hour change and see the daily pumped coins. Lol, that's the magic of altcoins, there are lots of altcoins that pump almost every day and could rise tens of percent and if you're good at looking for them, You will make a big profit. but you also have to be careful, because if you miss the pump.,you might lose, because after that massive dump will occur and make the price plunge, thats why altcoin trading is very risky |
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1364
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Economy / Speculation / Re: The pain of holding bitcoin in 2017.
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on: October 26, 2018, 10:14:44 AM
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This year 2017 has not been favourable to those that buy bitcoin in 2017, ended and are still holding. Bitcoin is in a state that we have not expect as many investors and speculators were saying bitcoin will get to over $50,000 this year. We should still holding as selling below the amount we buy is selling out of pain and frustration.
we have the same situation mate, frustrated? absolutely. because this year the price changes continue to weaken and there is no significant price improvement. sell now? it is certainly has been too late because the price has reached the bottom line. the last thing is to be patient and hold it |
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1365
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Economy / Economics / Re: Do you have to make big investment before you can make profit in crypto?
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on: October 26, 2018, 10:10:59 AM
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I have seen quite a number of topics here where people have been selling or asking for advice whether to sell their properties to invest them in bitcoin. Am surprised some people forget that crypto investment is not always a win affairs. You either lose or win. You can as well make profit in crypto with small capital if only you have the patience to hold and wait for the time when the market is booming. Do not be a greedy investor. Always invest with an amount you can afford to lose. Have a nice day.
When I started crypto I didn't invest anything to start with. I just joined a lot of bounty programs from there I got my funds for trading. we could collect our money from bounty campaign, and after get a lot we could use it as capital to start trading.so we did not spend our money at all to start it. A small invest of $0.10 and bring $6,000 or maybe more. The game is just patient. You still have time you can still invest low and hold them for years. Just show highly patient as much as you can bitcoins return your invest with profit. If your capital is small, of course you need to be more patient because of the small capital the profits will not be as big as those who use large capital. so thats why many people say that if you want to be rich then you have to be dare to take risk, namely invest with large capital |
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1366
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Economy / Economics / Re: Government should implement blockchain technology to prevent corruption.
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on: October 26, 2018, 10:07:59 AM
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Corruption makes the country less developed, preventing corruption is the right thing to do. If blockchain technology can help us prevent corruption, why does not the government immediately apply it? That would be great for everyone.
I'm sure it will but if the current government officials are corrupt,then they would not think of adopting blockhain technology.We all know that this will make all the transactions be transparent so if they will use this quickly,surely they won't make money at all. You should know that every joint in the government has corruptors and they play an important role in the government bureaucracy, even though blockchain offers transparent transactions but if decision-making is also a corruptor, of course they are reluctant to do that. |
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1367
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH: is destined to be $2500 by October to December 2018!
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on: October 25, 2018, 01:09:41 AM
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Yes, ethereum is destined to reach $2500. But i don't think it will reach that mark this year. Because all altcoins are really struggling. Maybe it will yake a longer time before it can reach that mark.
Moreover there is no sign that the price will immediately rise right? prices are still stable, as well as marketcaps that haven't risen high. this is just speculation, but I myself hope at least Etheruem prices can improve a few percent |
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1368
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: High fees on some exchange!
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on: October 25, 2018, 01:06:10 AM
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When i started trading and in that sense, some of the exchanges are familiar with. Yobit is very smooth exchange but fee is horrible and unpair. Recently i think last week i make withdraw 60$ but i got received 56$ in my main wallet what the hell. https://m.idax.mn/#/ this chinese exchange are so cool for trading. Lol I think this is the impact of the increasing number of bitcoin users, and adding to the crowded network, of course we need an increasingly expensive fee. each exchange has a different fee, there are 0.0005 btc per transaction such as bittrex, until there is one that reaches 0.001btc per transaction, it is a crazy expensive fee in my opinion |
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1369
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can ETH reach BTC value ?
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on: October 25, 2018, 01:01:49 AM
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Just wondering if ETH can
yes I am sure ethereum can do it, provided that bitcoin dies and their entire ecosystem is destroyed. and when it does not affect ethereum's price, ethereum has the opportunity to pass the price of bitcoin, lol, if bitcoin dies, of course the entire cryptocurrency will also suffer the same fate, including Ethereum. because you know how much influence bitcoin has on the crypto market right? but it might happen that Ethereum has a value like bitcoin at this time, if Ethereum's development is faster and bitcoin users switch to Ethereum |
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1370
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Alternate cryptocurrencies / Altcoin Discussion / Re: I stopped trading. 3 reasons why.
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on: October 25, 2018, 12:57:42 AM
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During trading, you need to leave your emotions behind the threshold, otherwise you will never be able to trade profitably. As for the time, I spend no more than three hours a day and it is not much. At the expense of gambling, it is an addiction with which it is better to go to the casino, not to the exchange.
Thats right emotions must be separated from trade because it will affect the end of result, because when you are emotional you tend to make choices without clear analysis. and I think trading does take a long time dude, and it's used for analysis and research, but it will be worthed with the benefits that you will get |
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1371
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Alternate cryptocurrencies / Altcoin Discussion / Re: What is your future plans with altcoins?
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on: October 25, 2018, 12:55:15 AM
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Now I am planning on buying so many altcoins that has a great future and HODL it. When it hits the moon then I sell it at a higher price. Also making sure I join so many bounties and earn many coins for the future.
You should know that many altcoins have a short life mate, not all altcoins have the potential to survive in the future, so i advise you to don't forget to buy only trusted potential altcoins only, like Ethereum, XRP, etc. so the risk will be smaller |
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1372
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Alternate cryptocurrencies / Altcoin Discussion / Re: How to make money on the fall of the market.
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on: October 25, 2018, 12:53:04 AM
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It is possible to earn money in a falling market only if you are actively engaged in margin trading. But since this type of trading carries very high risks, only a professional trader can do this. You should not do it yourself. It is possible within a few hours to lose huge sums of money.
The price changes very quickly if you use margin trading, the price may change before you take advantage of that margin trading. of course this is a very risky thing. I will not do much activity when falling stll occurs, just waiting for the right time |
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1373
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Bitcoin / Bitcoin Discussion / Re: Will Bitcoin bring an end to Paypal?
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on: October 24, 2018, 02:06:25 PM
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It is true that bitcoin is popular and more people are adopting to it but still, paypal as a way of payment online I believe cannot be replaced by bitcoin. First not all have visa credit card so they use paypal second not all have bitcoins so still paypal is an option. Third, not all accepts bitcoin or cryptocurrency as payment so paypal is still preferable.
I think that maybe that could happen, if the development of bitcoin gets better. of course the bank will accept bitcoin to deposit and withdraw, if the request from the bank user himself wants it? and of course you will easily use bitcoin to shop, with many bitcoin facilities, I'm sure paypal is increasingly left behind by its users |
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1374
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Economy / Speculation / Re: If bitcoin were more than 100K, how much you would buy?
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on: October 24, 2018, 02:00:25 PM
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That only depends on the availability of my money because that's really a big amount if you wanted to buy it as a whole. For me, i will just have a slice of it of 2,000$ maximum and that will be pretty good figure for me to hold.
if bitcoin is worth that high and there has been a correction then bitcoin deserved to have such a high price and of course I would buy it with the financial ability that I had at that time, the price would not rise that high if there were no important things behind it Do you think that bitcoin will ever reach to $100k? If you think so you are the foolish person on this earth. The price is not able to cross $10k and you are talking about $100k. Anyway if the price reaches to $100k nobody will put his money in it because this price is not valid for a single coin investment. We want such a price which is reachable and affordable for everyone. are you idiot or what? bitcoin ever reached $19k last year, you better see the market history first before commenting. and you know in the past few years people won't think prices can be that high (19k) and think it's impossible to achieve, but what happens then ? price changes go beyond everyone's expectations |
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1375
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Economy / Trading Discussion / Re: What you should do when you lose most of money?
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on: October 24, 2018, 06:06:49 AM
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Experienced is best teacher and from it we can make ourself to be more professional. To become expert trader should be through long process and lose is apart to become pro trader and to make profits.
In a trade, loss is normal. Do not discourage, but must be introspective and look for the cause of the loss for the next trade. Study again, analyze again and control emotions, because the majority of losses in trading are due to uncontrolled emotions. That is the thing you should be do, that loss in trading is a natural thing, even the expert must have experienced a loss, because sometimes the price changes are unpredictable. but they don't despair, you're right the important thing don't repeat the same mistakes, learn what which makes you lose |
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1376
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Economy / Economics / Re: If you had 10000$
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on: October 24, 2018, 06:02:18 AM
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If you had 10000$ where would you invest it? I'm hoping for 10x in about 2 years, how would you personally split that money? There are so many altcoins that I dont know which to pick, I remember the top 5 altcoins from years ago and now they are all gone, so should I only invest in BTC end ETH or others like NEO, ADA and EOS?
This time of down market if l have$10000 I'd rather choose to invest in a business that will have a profit for my family needs.l have to secure my kids needs because l experience of having no money and my kids haven't eat. why we did not use some of this money to bitcoin or altcoin.we know that all cryptocurrency pric down alot, so its be our advantages buying on low price. There is a financial management that you must obey. that it's very risky if you use all your money to invest in Crypto. even though the price is currently weakening like you said. but putting in a high-risk box like crypto is not a good idea in my opinion. you have to do diversity to other investments like gold, property or real estate |
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1377
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Economy / Economics / Re: Why everyone only invest in the crypto market?
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on: October 24, 2018, 05:55:14 AM
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I don't think that everyone investing only in crypto, i would rather say, most of us here are investing only in crypto and reasons why are: easy entrance into market unlike stocks market and higher reward for higher risk.
i think investors only put few money on cryptocurrency market.and maybe it less than 20% from total their assset.investors worry if they put most of their asset on high risk market. Yes, that would be great percent of crypto investments in our portfolio, but most of us (here) do not have enough money for investing in other investments. To have significantly return on investment, we have to buy cryptocurrencies with high risk. cryptocurrency market really give us high return, but it contain high risk too.if we dont have knowledge to manage this risk, we could loss all of our money.we should have to avoid it. That's the point, cryptocurrency gives investors the opportunity to get big profits, thats why many people invest in crypto, even though many people jump without any knowledge, that's the problem so the risk will be much greater if you join without any knowledge |
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1378
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Economy / Economics / Re: How can we get people to use bitcoin as a currency?
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on: October 24, 2018, 05:52:07 AM
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As a currency, crypto has been accepted onlibe. As viable payment for internet services and premium content viewing. I've seen only a handful of businesses accepting crypto currency in the real world, ranging from clothes to food. But these businesses are very strict about the amount of stuff you have to pay for.
But it's still very limited to using bitcoin as a currency, you're still having trouble finding a seller who accepts payment with bitcoin right? if bitcoin is like a fiat can be used anywhere, I'm sure many people will use it as a currency |
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1379
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Bitcoin / Bitcoin Discussion / Re: goodbye fiat and USD.
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on: October 23, 2018, 06:35:16 AM
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fiat and USD is never die, bitcoin and fiat currency is a very different, we can see that fiat currency is have the physical form, and bitcoin and other cryptocurrency is not have it, so i think bitcoin and fiat is different things, so fiat will never changed with bitcoin.
I know that bitcoin and fiat money have their own advantages in place, bitcoin is very powerful in the digital world and fiat money is very strong in the real world. with that difference, I am sure no one will shift to each other. in fact we still depend on fiat, so don't be too hypocritical to say that, I know you love bitcoin and crypto, but fully relying on crypto as a currency cannot be done at this time. you know the reasons. so we are not ready to say good by to fiat |
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1380
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Bitcoin / Bitcoin Discussion / Re: How do we change the public's view of Crypto world?
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on: October 23, 2018, 06:28:09 AM
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Guys we are very much aware how the crypto community through this great forum has helped most of us in terms of our finances but is so heartbreaking that the most of the public views only describes how insecure and unsafe the crypto community is. I do understand that cryptocurrencies are volatile and the issue of anonymity sometimes scares people away but y'all bear with me that if crypto is explained to you and you really understand it properly you would not make wrong mistakes and get swayed away by panic sales or submit your private key as ethereum wallet address. Is it a public campaign or some other form of tutorial that we should organize to help explain crypto to the world because believe it or not the blockchain technology of cryptocurrencies is being admired by most organizations and some of them have decided to run their operations with the use of blockchain technology. What can we do as a community to help change the public view of Crypto?
It is really hard to please other people especially to those who have already close their heart and mind. It is one of the reason why I decided to stop encouraging others to do bitcoin. They are hard to please , what more if it the world that we are going to change the perspective regarding crypto. Yes there are ways and I will just help implementing this way(s) to be able to help. Yeah you are right if they are closed heart, you will not be able to give them any doctrine regarding crypto, I think the key today is regulation from the government, we know that government regulations and rules can change view of anyone right ? |
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