For me i didn't disappointed in trading because i'd never tried trading yet. I know trading is very risky specially for those newbies that want to involve on trading without enough knowledge on how to trade. But i am hoping to experience this one when the times come that i already had knowledge about trading.
Thefore its time for you to experience. Lmao. Kidding aside you have good mind building up knowledge first before anything else you have a good mind and emotional control unlike others who know trading in just a day because they heard it will make huge money then hopping in and buy that hype coin. In this scenarios they able to learn if they realize it and some quit because they thought they were scammed. If you're ready try to experience and share it here. As Bitconnect, a scam coin but in the last year, many people invested it at high price (~ $400 for each coin) while I was able to buy this coin at 0.2 $ for each coin in earlier of 2017. Those who as me bought this coin at that price could sell any time to take profit, but a lot of people did not know this fact and bought by FOMO. Finally, I remember many investors have gone bankrupt after this coin dump to real value.
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The first thing to do is to determine if there are market values for some of my projects. This is very important. If there is no market value, then I will sell it, even if it makes me lose money.
That is right, you can really cope up immediately with your loss so there is no reason for you to not dealing with it, besides, losing is something that everyone was incurring and was just a normal thing, so don't worry much about what gonna happen. Money can earn again after you lose, but the life can not recover after you died. I had a friend who committed suicide just because he could not face the fact that he had lost all his money to a phishing project. Therefore, I want to advise everyone should to cherish life, because nothing is more important your life.
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Bitcoin provides job opportunities for the unemployed, we all know that working on crypto is not easy, even though we work on crypto only silent, but it requires intelligent thinking.
That's right. Trading Bitcoin and other cryptocurrencies require skills so that you will earn. Bitcoin reduces unemployment because it is also another type of career that we can choose over. So I guess, this is an opportunity for other people who cannot work for a day-job because doing trading can do even at home. You have to remember trading just help you have profit WHEN someone lose money to transfer that amount to your funds. I do not agree Bitcoin investment is really a way to help the unemployed have a job. Instead of wait the profit from Bitcoin, I think they should to research about the Bitcoin technology. In the future, the blockchain developer will become rare workers on the world.
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Personally I do not like to using Bitcoin Cash instead of Bitcoin, because Bitcoin Cash makes me feel it is worse than Bitcoin a lot. It changes the blocksize to solve the problem of Bitcoin in the past, but finally, as the prediction of many devs in Bitcoin system, Bitcoin Cash did not change anything, only reduce the total transaction of Bitcoin because Bitmain want to promote and use this coin.
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Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
I think because gold has a high quality of money compare to bitcoin, using bitcoin you can easily earn money just by answering questions but in gold little amount of it, you can have a high amount of money. and also bitcoin is not really popular in the world, maybe bitcoin is popular but not as popular of gold. Same as you my once and only choice will be the bitcoin as I can get high amount of profit using safe bitcoin investment and at the same time I can get smart salary every month with using my knowledge and skills in bitcoin campaigns, so bitcoin has more benefits than gold, holding of bitcoin is not big deal as bitcoin has a lot of wallet but the gold is hard to keep safe for long time, I prefer use bitcoin only gold is just an old age investment and it is modern age for sure. Although holding Bitcoin not difficult and does not make you feel high risk about criminal rob money like Gold. But you have to remember the value of Bitcoin is the biggest problem make it not safe for holding long term. Hold it for long term = accept any value of Bitcoin in the future.
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I would like to congratulate everyone who were the early adopters, investors, and accepters of Bitcoins. Despite the naysayers, you all were patient and held on to your Bitcoins, now you are reaping benefits that many thought were unimaginable. I am a late starter with Bitcoins, and just started accepting it as payment for my products and services (which I'll reveal in a later post), and I am very happy I made the decision. Maybe a movie should be made about the early adopters who became wealthy from Bitcoin, make it into one of those "underdog beats the odds" stories. Just a thought It as a story about those who got hidden gem since begin until someday, the value of that hidden gem increases too much on the world. That is all of Bitcoin and many cryptocurrencies. As long as you can invest in potential crypto at low price before everyone start to make it value increases, you will become the rich, easy
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Yes, I never believed in digital gold in 2009, except the units of enthusiasts, who now by the way became millionaires Digital Gold? What do you mean? Do you mean Bitcoin is the digital gold in 2009? Digital gold is a specialized terms for Gold market when stock, forex and other financial markets become popular on the world. As far as I know, the unit of Digital Gold is Oz Gold on internet in that time. Therefore, if you call Bitcoin is the digital gold, you are wrong.
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Hello pals, Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people? I really appreciate if you guys give me some answers
Personally, I think bitcoin is secure. Althouh it has made headlines that hackers had enter etc. I think it is just the users mistakes. The best action to take is always secure your coin and do not leave it hanging in online wallet for hackers to take. Bitcoin has a next level security, and I think that’s why people use it. Even some criminals/terrorist as stated by the news. That’s how secured bitcoin is. Yes, if the users can secure their wallet careful, no one can robs money from their system, devices. As long as the users have mistake in security wallet, the hacker can take advantage the bug in system and access to the Bitcoin's user system to rob money. Nothing easier than hacking a wallet without password.
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services. Bitcoin is better than cash. Because it is a future currency. On the other hand, Bitcoin help us to online shoping. In every country's have own money. If you buy from other country you must pay their own money. But if you pay in bitcoin it is safe and helpful for you. What is the difference? I am really do not understand what do mean. You still can use FIAT or some virtual currency to pay those deals, as Paypal, Perfect Money, WebMoney, etc. PayPal supported on many sites for payment. While Bitcoin can not use on pornhub to get access, example
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No, because the office work and work in the office can be combined, as Bitcoin can be used anytime, then working in the office can use Bitcoin.
I totally agree with your opinion. I think we should choose both because our income will increase more. Anyway, stable work is better than working with bitcoin. You need to get a stable job to take the capital to invest in any altcoin you like. Do not take risks and avoid risks. Yes it can increase our income if we choose the two, but i think that more important is that we cannot depend on crytpo currencies for living, because still we are not sure that either we can get permanent income from crypto trading or not, therefore if we have our day job that is a big support for us from where we are getting a permanent income, therefore the most important is to continue both. You are right, you need to have fixed income when you become a trader. Trading is not a stable job, therefore, it is also does not give much profit when the market start bearish trend like now. Why some people still have profit in this trend? Because they are trading margin and you have to know margin can make you easily lose all money within short time
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For now what i'm doing us the basic trading strat. Buy when low, hold then sell when price goes up. With this i am able earn not so much but at least i am not losing, it is the profitable specially when you are able to buy good and potential altcoins.
I think some people think trading as a form of gambling which is what makes people fail to recoup their losses. Trading is not gambling and if you don't know what you are doing then probably the best way is to stay away from trading otherwise this will be just another way to lose some money. Plus that you dont need a price burst to sell it because there is always a small rally or waves that you can actually take advantages from. As long as you can have profits from your investment, others will say you are not a gambler. I have many friends are the gambler, they also joined trading cryptocurrency but just for fun. However, they earned many profits from this market, I am really surprised the result they gained from this field. But, no one calls them are the gambler like the past. Currently, many people want to learn knowledge from them, lol!
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You maybe right. I think this decision entirely depends on the person himself. If he is not good at trading, then holding will be the best option for him to have a good profit at the end. Even professional traders would really experience loss because no one on this world is a perfect trader which cant really make losing trades. It's normal to get some loses the thing which is important here is that we should end up the day on profits
That the reason professional trader or the whale usually spend more times to create strategy and plan for investment. They do not need to hurry and have wrong decision. They move slowly and follow mentality of other traders on the market. Example the whale, before pump or dump, they usually use FUD + rumor to check the market first.
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I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️
mate, you only lose your money when you buy at the high price and sell it when the price fall. then never sell your asset when you are a loss. hold it and wait, only sell at the higher price. It seems easy to say that, but we never know for sure that the price of coins will rise again in some time. there are some people who can not hold his coins for long. they can be daily traders. Not only day trader want to sell coin for short time. There are many traders know when is best time to hold and when is the time to sell. Only noob trader and addict holders want to hold to die. Honestly, "Hold to die" is meaningless words, because hold to die do not give you any benefit, so, why many holder use these words to call any time they want to hold something? I do not understand this issue.
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LOL. This problems you have pointed is just being ignored by its users. You know why? Because it has been very profitable, of course RISK will always be there, but it is nothing compared to the price you can get.
My friend bitcoin is not useless because many people really deserve to be a wealthy elite because of bitcoin and the crypto currency that most effective in online income. Online income? What this? Do you think the rich care this issue? Even me, I do not care about this issue because this is not the main of feature Bitcoin gave us. Blockchain was the most proud technology of Bitcoin, but for current, I do not have much faith in the future of blockchain in Bitcoin system.
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I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum
For me it is possible! The fluctuations that are happening is because of the powerful person in the cryptocurrency world. They can manipulate the price of the bitcoin because they have power. Agaist the whale is possble, if they want to control the value of Bitcoin dump more. As long as most of the Bitcoin investor still keep opinion to hold Bitcoin until its value recover, the whale will not have any profit from their strategy. But remember, no whale, the market will become a place for speculator, because almost the investor want to sell at high price.
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I do not think so, because bitcoin is not yet known by the whole country, if it has entered a country, the country has not yet recognized bitcoin,and there are still many countries that prohibit bitcoin as a means of payment in any form..I think the dollar is still the strongest
There are many different theories about which is the strongest currency in the world because dollar claims to be the strongest currency whereas now the major portion of the world trade isn’t being done only on dollars. Likewise, Euros and Pounds are also struggling after the Brexit and now China is also replacing Dollar with Yuan in the trade with different countries so, now there isn’t one strongest currency is the world. Yep, I agree with you, no currency is strongest on the world. As far as I know, the value of FIAT depend on the country created that currency. Cryptocurrency is also not different FIAT. More investors, the value will be high, but low depend, the value will decrease like recent.
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I think it is.
Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.
Thoughts? Anyone seriously disagree with this conclusion?
No bitcoin is not dead. These days the bitcoin peice keep on Decreasing but it is not an end. The time will come that bitcoin will increase again because not all the time that we are lucky so that it is part of the bitcoin. Those people who says that bitcoon is dead they do not have believe in the strength of bitcoin. Although this thread created since 2015, but I want to ask you what is the strength of bitcoin here? Blockchain? No, I do not think so. Blockchain split to called as new technology of the world under the name "Blockchain - technology of decentralized system". Therefore, I do not know which thing can helps Bitcoin recover when it dumped too much value like now, just only the whale can do that.
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I don't think that Etherium will ever manage to bitcoin as cryptocurrency No. 1 because all of us know that the Bitcoin has much more users and investors in comparison with Etherium which is younger. Always was in all news that the bitcoin is on continuous increase in its market value, despite some time when its market value falls. He always seeks to rise again, covering your losses and acquiring profit.
Ok, do you know which company was the king about phone on the world in 200x years? Maybe, you knew Nokia, this brand was the King in my country to sell cheap phone device. Everywhere, you can see Nokia device on hand of everyone. But sadly, until Samsung, iPhone and other companies joined this field, Nokia accepted to sell their company to Microsoft and bankrupt. Therefore, from the story about smartphone field, I think cryptocurrency also like smartphone, old technology will be kill by new technology.
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I'm sure that the crypto currency market is just beginning. We are participants of a completely new market. Most likely the cryptocurrency is transformed in some way, but it has a future.
Whats the chances that all the crypto we invest in now will be worthless as existing major companies begin to develop there own blockchain solutions? Thats my biggest concern with the crypto space. We have the first mover advantage but not the big name like already established corporations. ICO has high risk, that is the reason on Bitcointalk forum, a lot of threads created to alert about the future of ICO investment. Only good project, even I can say perfect project can be still alive after the government and large company like Microsoft, Amazon, Google, etc. joining to use this technology.
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Hi guys,
do you think it's a good time to buy ETH now? Price seems to be kinda low, but I'm not sure what to expect from ETH during the upcoming weekend & the aug1-happening after.. Do you think it's better to wait a few days...?
Ethereum price is now in dip so as usual is an opportunity to buy the dip as much as you can because it was cheaper to purchase and hold it for a few months or long term investments. I believed by 4th Quarter of this year most of the top quality Altcoins will be on ATH again in which Etheruem will be the most expensive of them all. The current price of Ethereum is very good for investor buy it now. I do not know what FUD made the price of Ethereum dumped so much like recent. Especially after the price of Ethereum reached new all time highest price in this year. I doubt someone, force are trying to control the value of Ethereum, example Nvidia or AMD or the enemy of GPU mining.
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