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1921  Economy / Trading Discussion / Re: day trading effective? on: March 02, 2018, 02:21:35 AM
Day trading is only for professional that already got a lot of experience and for the people that got a lot of time to study the market, for beginners I don't suggest day trading, day trading can be really profitable if you got the skills, but most of the time people lost money in day trading, day trading is too stressful for me
yeah agree I think there is a special requirement to be fulfilled before day trading, you have to have skills, extensive knowledge of the crypto market, and experience. because in daytrading you have to really take advantage of the best opportunity possible, buying and selling at the exact time of the day, there may be a lot of cutlose, but most traders are already accustomed, that day could be a profit or loss
1922  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin become a daily currency? on: March 02, 2018, 02:09:54 AM
Well with that...for bigger transaction I think it will be okay but with smaller items like buying something in the market, in the store like candies, bread I don't think it will enable we will still be needing fiat or paper money or that.. specially when people will just be buying a small amount but then we never know what the future technology-system we might have during those time, but the way I see it we still be having paper money then.
thats true I think we still need to use fiat or paper money. My point of view does not matter using bitcoins for transactions like buying electronics or something. but to use bitcoin on a daily basis. such as buying food and drink, where the frequency of transactions very often it is done of course it includes waste due to expensive transaction fees?
1923  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this the year of other altcoins? on: March 01, 2018, 02:25:03 AM
I do not think Bitcoin will still survive this way in the future. Coins with intelligent contracts like Ethereum will rise faster in the future.
I am also confused with the future of bitcoin, will always come coins that have better technology and innovation ahead, because technological developments will always move forward but bitcoin has a lot of loyal users and supporters, look at all ETH users are bitcoin users as well, but BTC users are not necessarily users of ETH ?
1924  Economy / Economics / Re: Generating Passive Income on: February 28, 2018, 12:20:35 PM
Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,
holding bitcoin also good passive income, you just need to be patient for a few days or a few weeks later you can sell it and enjoy the results. but in that way you will not get big passive income, why do not you try to grow your bitcoin with passive income? such as investing in mining, of course your bitcoin will continue to grow
1925  Economy / Speculation / Re: What is better Trade or Invest? on: February 28, 2018, 12:09:45 PM
Both are good Buddy, cos both have a higher percentage of yielding profits. The contrast there may however be that trading may requires more capital than investment. Better still, your profits depends on much you can put even for the two options.
I think it will depend on the investment you choose. if you're investing in real estate, properties, etc. of course capital on investment will be greater than trade. yeah both are equally profitable but both are at great risk if you are not good at choosing an investment and are not skilled in trading. if you want to use both will better if you are looking for an investment that has a low risk level, because trading has a big enough risk, you don't want both of them at great risk to you right?
1926  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum To Be $5000-$10000 in 2018? on: February 28, 2018, 12:03:55 PM
2018 idk man.  Could take a few years, maybe when PoS has proven itself. 

Don't compare it too much to Bitcoin as the supply of ETH is 5x as much.  ETH has a good chance though as it's not just faster than bitcoin. However, more competitors are joining that can be considered even better, most investors are unaware of them though.
That's right, I think the investors are still not aware of ETH. many investors are still more focused on bitcoin investments. I think it's too much to imagine the price of Ethereum will reach $10k this year. I imagine the price of ETH 1/11 of bitcoin price, as is happening in the market today. if the bitcoin price is predicted to reach $30k this year. maybe the price of ETH only reached $2700 this year. #just speculation
1927  Economy / Trading Discussion / Re: Don't Spend Too Much Time Trading? is that true? on: February 26, 2018, 01:08:32 AM
I think it depends on what type of trader you are because if you are a day trader, then it is your duty to spend time on trading and watch the changes of the value of every coin that you are to trade and if the value reached the goal that you want then sell it right away. But if you are a long term holder, then you do not need to consume or spend too much time in trading, what you must do is to just check your coin not too often for the changes in value.

To be successful, you have to spend a lot time on trading. This is the only way to make earnings from the markets. You need to stıdy your lessons well so that you don't make important mistakes.
To get a profit from trading of course you should be able to understand the market of a coin and it takes a lot of time dedication to understand the price changes of a coin in the market, so if you don't have a lot of time or even limit the time in trade of course it can be risky because the analysis takes a lot of time and it is very important in trading and then standby in the market is also very necessary, if you do not have a lot of time I think it's better if you do invest long-term, don't trade
1928  Bitcoin / Bitcoin Discussion / Re: As a beginner is it too late ? on: February 26, 2018, 12:56:08 AM
Hello,

I'm still learning about crypto currencies and willing to buy some bitcoins. Is it good time to buy?

Thanks
Op, is not too late for you to invest your money in Bitcoin and altcoins because now that the most of the market of both Bitcoin and altcoins are on the downward trend is best time to buy more and hold for a period of time pending when their values appreciate.
Yeah as long as the total bitcoin users have not reached everyone in the world of course it is not too late to invest because the possibility of rising prices will continue to exist, currently bitcoin is in growth, so for new users this time is not at all late. especially when it is still in the bear trend of course the price becomes very low than usual, You can use this chance to buy
1929  Bitcoin / Bitcoin Discussion / Re: If Bitcoin die, no more cryptos can alive. on: February 25, 2018, 12:43:57 AM
Someone says Etherium will be no. 1 coin if Bitcoin die.

But, I don't think so.

If BTC die, there will be no more cryptocurrencies.
we all know that the bitcoin is the most #1 coin in the market among other altcoins, maybe if bitcoin die's the other popular coins next to bitcoin will claim the #1 spot in the market.
I don't think that if bitcoin die all the coins are still alive? bitcoin is a depiction of the success of all cryptocurrencies, You can see some time ago when the entire cryptocurrency market has fallen in price because of bad news about bitcoin. bitcoin has full effect over whole cryptocurrency but I don't think bitcoin will die? bitcoin is a technology of the future will certainly continue to grow and have a lot
1930  Economy / Trading Discussion / Re: In this down market how your doing? on: February 25, 2018, 12:06:34 AM
I just hold my all investment in minimum 1 years, because i believe cryptocurrency market will be big in the future. When down market , I just more focus on bounty campaign and doing some hoby.
That's reasonable holding all of your investment could yielded into a huge profit. In this down market that's a good thing to do hold and dont panic. Yes doing bounty can give a profit also.
if trading when bear trand or downward trend occurs would be very risky because the possibility of the price will continue to fall and make you lose. the most appropriate thing is holding because with it you will not lose if you want to be patient. if the price has stopped down of course the most appropriate thing is to buy because of course after the downward trend stops there will be price increases. so be patient until it happens
1931  Economy / Speculation / Re: can bitcoin reach 25k$ on: February 24, 2018, 11:50:59 PM
Very possible with what we experience last year I believe it will sky rocket again to the moon though one cannot predict what will happen the next minute but i can see better days ahead.
Yes, it can really do happen. All we must need to do is to wait if when will it happen. It is very possible because as we can see right now, bitcoin price continue to raise day by day. We must just need to give all our best and trust bitcoin like how we trust our self. We must need to be patient on waiting until it will come.
last year we had almost reached $20k. of course $25k is not an impossible price to happen. actually not a price that goes up from day to day because whenever bitcoin price can go down like at this time but certainly bitcoin spread to various corners of the world and it will make the demand continue to increase at any time. many people around us start to recognize bitcoin, can you see it? it is thanks to the spread of bitcoin and I think this year we will make a new price record
1932  Bitcoin / Bitcoin Discussion / Re: Israel Confirms It Will Tax Bitcoin as Property on: February 23, 2018, 05:57:38 AM
I can understand the government taxing,i have no complaints about that,because they are just greedy as they always want money from everyone,but imposing twenty to twenty five percent for capital gains is a ridiculously huge amount they are asking,is there any tab up to what amount and how they are going to impose the tax,ten percent for capital gains is fine,but unless you are not a huge trader giving out twenty five percent is ridiculous.
Is that true 25% for tax? if that's true of course it's crazy you know? it's obviously stealing by legal means, I know that the government has a superpower to make all the rules but for a 25% tax is an outrageous rule?
usually governments in some countries only apply 10% for tax (even that looks very big to me) let alone 25% lol, I will not pay bitcoin taxes, if the tax as much as that
1933  Bitcoin / Legal / Re: Is Bitcoin Forbidden In Islam? Why? on: February 23, 2018, 05:41:37 AM
As a payment network YES, Bitcoin is halal. In fact, Bitcoin goes beyond what more conventional closed banking networks offer. Unlike conventional bank networks which use private ledgers where there's no guarantee that the originator actually owns the underlying assets, Bitcoin guarantees with mathematical certainty that the originator of the transfer owns the underlying assets. Conventional banks operate using the principle of fractional reserve, which is prohibited in Islam.


I agree with you ..
Because in Islam mentioned the terms of buying and selling one of which there are goods sold, in the modern era there is a digital commerce, means transactions in the online network, as a tool transactions using Virtual currency ,, what is sold. . ?
Can software, or game operating system,
do not need "ijtihad" to determine the forbidden or halalof bitcoin? I think we use logic here, bitcoin is the same currency as fiat right? if local currency in your country is used for illegal activities. does fiat become haram? of course not, so same with bitcoin, if bitcoin is used for illegal activities, it does not mean bitcoin is forbidden in islam,
1934  Economy / Trading Discussion / Re: What to do if you lose $2,000 in trading? on: February 23, 2018, 05:34:12 AM
Minor. Losing 2,000 is very little in the grand scheme of all things. Also, if you are patient enough you will not lose it. Most assets go higher with time (obviously these cant be random shitcoins)

It's not that small for lots of people using this forum. Here, $2k is a serious amount of loss for me for example.

That depends mainly on country. For most Europeans 2k$ is nothing. For indian people thats huge money...
for some european $2k maybe not too big money because their salary is more than that every month, for a middleclass person in asia maybe $2k a sizeable amount, btw get loss from trading it is a normal thing because it is a risk on trading, if you cannot accept the loss you should use capital that suits your ability mate, don't use all your money because in trading losses is a normal thing
1935  Economy / Trading Discussion / Re: Why almost everybody suggest to hold? on: February 21, 2018, 10:02:40 AM
It is quite natural that correction would take place in the market, so after the correction the market would recover again. That is why everybody is suggesting to hold.

Yes, mostly the coin or token will recover again after correction but please remember that not all of them will do recovery.
Recovery is depending of the type of altcoin. If its not really popular then maybe it will not recover again.
So thats why choosing the right altcoin is very important.
thats true, first not all coins will recover after a price drop, only potential or good coins will recover, so you should see the coins you hold first to determine hold or sell,
but it is true what you say that many people suggest to withhold because it will help market conditions in order not to return to panic, by holding back the price will be back conducive and recover
1936  Economy / Trading Discussion / Re: Trading by follow signals. Is it good? on: February 21, 2018, 09:53:56 AM
Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion?
I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it.
Thanks  Grin
Better to save up your money than on paying up those so-called VIP signals provider that do claim on theirselves which I don't actually see a valid reason to join em up.If you don't know on how to use technical analysis then its better to start of on learning it no matter how hard it is.Dont put yourself into a situation that you are just relying into others signal and yet I don't believe that theres premium tips do existing.
I think it's not a problem to try 1 month only right? with a record they really have deep trading skills, you can take a lot of lessons and knowledge from that group, and moreover you also benefit from trading coins according to their tips, for me it's not a problem but don't take too long in that group, unless it's free lol. when you've gained a lot of knowledge and experience. come out from that group and you can trading without depends on that signals
1937  Economy / Trading Discussion / Re: Need advice for the new investor on: February 20, 2018, 02:50:05 AM
experience does not guarantee will always made profit in crypto trading but i have simple advice for you that buy bitcoin when downtrend happened such as several days ago and do not be a part of panic sell when the price dropped because even though i cannot ensure it but usually the price of bitcoin can recover back so you just have to more patience to wait and if suppose can use your idle money to buy bitcoin
I think the experience also plays an important role in the choices that will be made later, because from experience you will understand that certain price changes you've experienced and you already understand with it, then you do not panic because the price change. for the right time to buy every users of course have their own strategies and sometimes buy when a downtrend might be the right time, but the point I think is to buy when the price has actually stopped going down,
1938  Economy / Economics / Re: crypto market demand is increasing on: February 20, 2018, 02:37:46 AM
So it could be a good sign for bitcoin price to gain back it height. Good news for holders who did not give during trials. But it says cryptocurrency and not just bitcoin specifically so i hope it will carry cryptocurrency value in general.
I think we can already see the effect, bitcoin prices began to creep up and now it has reached $ 11k. this may be the effect of some good news above so as to make user confidence to bitcoin become better, if this condition persists we will certainly see the price of $12k in the near future and this certainly also affects the overall cryptocurrency market,
1939  Economy / Economics / Re: crypto market demand is increasing on: February 19, 2018, 04:41:40 AM

At present, the exchange rate of the whole cryptocurrencies market is showing signs of recovery when Marketcap increases by 10% compared to last week. The Chinese New Year event ended with the positive news about Bitcoin, which made the entire market rate rise in the past week, signaling a new stage for the whole of the cryptocurrencies market.
New scenarios will start, demand continues to increase after the market improves compare the previous week, as long as there is no FUD again in the upcoming, then new stage will begin. where bitcoin prices will be stronger than before, the price will start from $10k and will start to continue climbing up along with the increasing demand
1940  Economy / Trading Discussion / Re: How can one trade without losing?? on: February 17, 2018, 03:18:32 AM
Never use an exchange, because that's where BTC gets "hacked" upon deposit, balance maintenance, and withdrawal.
Your answer is too far from the OP? I don't know what is the main point of yours and from that i assume to not use an exchange if it is for overall exchanges or a particular one. And for the post you can't trade without losing there is no perfect trader.
I think he ever experienced being cheated by the exchange, I also experienced the same thing, some time ago poloniex had many problems and I did withdraw but the coin was not sent, poloniex gives false tx and not giving respond and solve the problem until 1 month my coins back but the price has gone down very deep, I get very bug lose, sometimes losses occur due to technical matters mate,
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