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143
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Economy / Speculation / Re: The rise of bitcoin continues
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on: July 24, 2018, 02:32:58 PM
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I just hope that it would just continue to rise and make another ATH at December,
Maybe it is starting to fly now and soon it would be so high so I guess we should really hold some and buy while it is still low.
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144
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Economy / Trading Discussion / Re: Top reasons that leads to fail in trading
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on: June 28, 2018, 07:38:22 AM
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Top reasons that leads to fail in trading Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything.. Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin. Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover. For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading. 1) Solid Trading Strategy
2) Trade Plan
3) Money Management Skills
4) Reasons for Entries and exits.
5) Journal, News
P.s
I have quote some people words from my last topic
Chasing the ones that are already being pump is the biggest risk of the traders,FOMO they think that the coin or token would continue to be pump then ended up being dump after they got in, And also putting all of their money in trading so when they need some money for emergency cases they wouldn't have a choice but to sell their token or coin even if the market or the value of the token is being dump. I think most of us already experience it and it is really great to remind your self about what you need to do in trading thanks for reminding us about it. |
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145
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Economy / Speculation / Re: Time to buy more and HODL!!!
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on: June 28, 2018, 07:05:15 AM
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Well I think it is really a good time to buy now but what if the price continues to fall?
This is the risk that the people are afraid of when it comes to investing in Bitcoin or in crypto currencies,
If you want to get a profit then you have to face your fear and take the risk.
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146
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Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins are going to change our lives?
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on: June 28, 2018, 06:34:23 AM
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There are so many alt-coin right now and I have seen some alt-coin gave a huge profit by just holding it for a long time,
But to be honest I don't really know what alt-coin would change my life in the future because I tried some bounty campaigns and I could say that most of them really gave me a good profit and made my life easier when it comes to money problems.
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147
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Economy / Trading Discussion / Re: Will you trade Bitcoin to buy Altcoins?
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on: June 26, 2018, 10:31:04 AM
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Nope what if the alt-coin goes down too then it would cost more than what you would lose when you just hold your Bitcoin,
It is really a great plan but it is also a risky one I tried it before I have some good times and some bad moments in that move .
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148
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Economy / Speculation / Re: Bitcoin will rise from now until the end of the year?
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on: June 25, 2018, 11:34:34 PM
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Hope that you are right about it hope that we could see a steady price increase in Bitcoin until the end of the year,
But it seems so impossible right now once the price starts to recover people would take advantage of it and take their profit and the price would drop down again.
I think we need more investors again to gain more demand .
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151
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Economy / Speculation / Re: Bitcoin price will hit $250,000 in 2022?
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on: June 20, 2018, 10:41:36 PM
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We are only in 2018 and it looks like a tough year for Bitcoin we couldn't really tell how much would 1 Bitcoin be in that year,
We all expected this year to be another great year for Bitcoin but at the past month you could really say that Bitcoin is having a huge drop from the beginning of the year.
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152
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Economy / Speculation / Re: Bitcoin going to $400
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on: June 20, 2018, 01:54:28 AM
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I don't think so that is so over acting ,
Bitcoin had never been down there since it hit about $1,000 so why would it hit that low now that it climb way more higher than $1,000?
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153
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Bitcoin / Bitcoin Discussion / Re: Best way to store Bitcoin safely ?
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on: June 19, 2018, 09:16:54 AM
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I think the safest way to store your bitcoin is through a hard ware wallet like nano ledger s or trezor,
It is safe to store some other alt-coin in that wallet to and I don't really tried the so called paper wallet but they say that it is also a good way to store some bitcoin.
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154
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty Earnings
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on: June 19, 2018, 05:38:53 AM
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Bounty earnings are uncertain due to delays and the price of each token/coin and also the number of participants and the allocated bounty reward,
So we couldn't really tell how much could we earn in one bounty and how much did we earn in 1 month because the price of token/coin would change from time to time.
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155
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Economy / Speculation / Re: Do You Know How Whales Sucking Us
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on: June 14, 2018, 08:41:50 PM
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Whales are dumping their share to buy it at a low price ,
They are using their huge stock to create a huge price drop and when the people gets afraid of it they will also sell their share and that would create a huge dump,
And then the whale would surely take the opportunity to buy back what they sold in a much more cheaper price.
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157
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Economy / Speculation / Re: When Will Bitcoin Be Back To $20,000 ?
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on: June 13, 2018, 08:43:20 PM
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Nobody could really say when would it really happen but one thing is for sure it already happen so for sure it would go there again and it could get more higher than before,
I think it could happen but not right now Bitcoin price is too far from it so it would really take some time to get there.
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158
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Economy / Economics / Re: I almost lost my rock solid regular job because of crypto
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on: June 12, 2018, 10:06:30 PM
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Yes you are right it is much better to have a regular job rather than relying your income in just the crypto currencies,
The crypto currencies have so volatile price so you couldn't really depend on it too much and also the bounty rewards doesn't guarantee to have a value so don't depend too much on it,
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159
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty hunters should be paid in ETH
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on: June 11, 2018, 10:20:55 PM
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Well I don't think most of the bounty hunters would agree to that,
Some of us just wants to hold the token and some wants to turn their rewards into fiat as soon as they get it,
But if the bounty hunter receive ETH instead of token then that would make the price of the token more stable in the market because the bounty hunters wouldn't dump their token but for sure the price dump would go to ETH so the price of ETH would surely fall down because of it.
There are already some bounties that have an option in payment for their bounty hunters where they could get their reward in 50%ETH and 50% token or just 100% token.
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160
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Economy / Economics / Re: Do you think the whales are manipulating the markets
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on: June 08, 2018, 07:55:17 PM
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Well maybe they are manipulating the market by crashing it little by little and buying some while others are at panic mode,
Maybe they are using their money to control the price and to be honest I think they are even earning daily profit from it,
Just imagine how much you have earned from your day trade and how much could they earn with their huge amount of money if they do the day trade.
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