The bitcoin price went up again from $ 3700. Bitcoin price has doubled again. There's a new opportunity for the Altcoins. This is my opinion. Everybody make their own planning. A new upswing is needed for the Altcoins. The whole market is having a very bad time.
Altcoins are the ones who are totally relying on bitcoin for the increase and decrease in their values and when bitcoin is suffering hard by being in dump for over an year, there is no way we can expect altcoins showing green signals to supporters. May be we need some new developments in coins to attract investors ultimately leading to increase in prices. We need to pump bitcoin and rest will get pumped automatically. |
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I remember when people used to say having 21 was good, because then you would have 1 millionth of the supply. Now I see people talking about some 6.15 number, which I have no idea why or how anyone came up with that number.
Other guys tell people having 1 bitcoin will be 'enough' in the future, and how long into the future, I do not know.
I recently saw people saying online that 1 bitcoin is not attainable for most people, and they should aim for 0.1 bitcoin, and that sounded crazy to me. Surely if something is so important, you can find a way of getting 1 bitcoin over a year or two?
Do you guys have a certain amount you are aiming for?
Personally I dont have a cap on the amount I want to get. I just keep getting as much bitcoin as I can, when I can. Stacking sats I think the cool kids call it.
I dont think I will ever stop doing this. If I need to liquidate some in order to live and buy things, i'll do that, but i'll always keep trying to replenish what I spend.
How many Bitcoin have you acquired now and how do you get you acquire them if you may wish to let me know please. My aim is to get a thousand Bitcoin in the next three to five years to come. If you have a source of income then that would be a great start for you in acquiring bitcoins. Your next step probably is to develop skills in either investing or trading. Investing is safer because you don't need to deal with the volatility but you need to pay attention to the stage of doing research to just find a good investment for long term. From that, you should see growth in your portfolio and you will be on your way towards thousand bitcoins. Investing into products that appear good for long term investment is a nice method of generating some decent revenue for purchasing bitcoin but that is a slow process. If you want to get hands on bitcoin faster, it would be great to learn trading and that too day trading in order to have continuous source of income. 1000 bitcoin is such an enormous number that could put you among millionaires of the world easily. |
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Of course, bitcoin is volatile today and do not worry about this action. After Halving, the price needs a rapid rise.
Halving is definitely highly awaited event of 2020 because the reward prices will be cut down to half for every block that has been mined out on bitcoin network. In short for those who do not know about halving, this is a process of cutting supply of new bitcoin into half which is supposed to increase the value of bitcoin enormously. Halving has become mandatory in order to walk on sunshine in 2020. Halving will definitely occur approximately by the mid of 2020 and till then people who are real bitcoin investors are focusing on collecting as many of it as they can to ensure great profits after the process of halving. I personally am not worried about the current prices of bitcoin and other famous altcoins because this is something very normal in this market. People shall stay relax and simply wait for halving. |
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Yes, of course, Libra will use Facebook. It will be soon. In the news magazines, there was a lot of hype about this and Zuckerberg did everything to make Libra take a leading position.
Mark Zuckerberg is the owner of one of the most used social site for communication and it has maximum users in the world. Even the guy has lately purchased whatsapp increasing his impact more on people. If he is launching Libra and starts giving people on cheap rates in the beginning especially to the users of facebook, the coin will definitely increase in worth within months because of mass adaptation. |
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You need to calculate the time when you come home from work and start trading on the exchange. I think that two hours is enough.
Looking at profile when you have break works well too but the real time for the analysis of market and buying and selling shall be located in the hours when you are at home and most importantly relaxed. Sitting in front of laptop with tired mind will not help you in taking right decisions on time rather such decisions will drive you to more trouble. Before going to bed, decide two hours for daily trading. |
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I did not wonder how much I will have bitcoins. For me, there is a component that investing in bitcoin makes rewards, thereby increasing capital.
If you continue with the same logic, more bitcoins will bring more reward in the end. And with what reward would you be satisfied? Question is about that, how much bitcoin will be enough for you to stop working for them and just wait for the price rise. Some say just couple will be enough due limited supply of bitcoins just 21 minus lost one. But probably the more you have, higher reward will be when price rise and for sure that will be enough to satisfy you. I don’t think so people as such wonder about the number of bitcoin that they shall have in their wallets because one complete bitcoin is too hard to buy. Bitcoin is the most expensive of the ever crypto currencies launched in the world of crypto market. This is well great to make plans for the number of bitcoin one shall have for secure and financial life. I don’t think so any number of bitcoin is sufficient for a man. With increase in income, expenses increase too. |
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You probably heard the negative sides of gambling, some people who dont gamble has this bad impression towards it and we cant blame them for thinking that way because of the bad affect of gambling to a person who dont have control and let himself became addicted.
Now what did you realize or learn as a gambler (regardless if you became an addicted or not) that you can share to others?
As a former addicted gambler I realized that gambling is not the answer if you're desperate to grow your money and should not be our last resort in times like this because there's other way that can be the solution to our problem when it comes to money.
What I have learnt from my gambling experience is that the more you gamble the more you will lose. If you want to try your luck it is the best to do it only once. And the thing that everybody is aware of "Do not gamble money that you cannot afford". There is nothing bad in gambling more but it shall be paired with great control over emotions and especially greed. Greed makes thing worse when you are gambling often. When you win some good money, definitely you get inclined towards big bets which are offering great money. I like gambling when I am playing with the money from my savings not with the money that I have borrowed from someone. |
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I guess people here shows maturity on how they gamble Have fun and spend spare time got majority of the vote and that includes mine, we are all educated that gambling will give us headache if you take it seriously and pouring more on what we can afford to lose. Gambling is something meant for fun and entertainment along with adding streaks of money. The whole picture is not about money rather a small corner is allocated to winning money. Gambling itself is not a headache, people have made it headache for themselves as they simply invest more than what they can afford to lose which simply make them borrow money from others and going in debts. |
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When it's my first time as a gambler, my reason was to earn easy money from gambling, but the longer i play gambling at the casino or in the online casino, i only now gamble for fun or entertainment because i learned that even you win a lot of time in gambling you still lose in the end, so you should put inside your mind that earning in gambling is impossible.
The very reason why you need to understand that there's no guarantee for easy money making but instead you should look at it for fun and entertainment. Gambling for finding your leisure and let alone the feeling to enjoy and be happy instead of keep trying to win huge. The major issues occur regarding the aims and objectives of gambling because people confuse fun seeking with money making. This is the reason why people end up borrowing money from others and they often become addictive to it. They are the ones who mess both their financial and family lives. We shall simply gamble with small amounts and that too only when you want to enjoy or have some fun. |
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From my personal experience I used, I paid about $ 70 a month, and I got a ticket every 2 days with odds 3-4, I was not satisfied, I guessed poorly (more precisely that tipser), out of 15 tickets, the hits were 7. which is very bad for that odds. I lost a lot on that, so I'm interested in your experience?
I generally never thought of paying to get betting tips or any sort of consulting. I generally play solely , majorly on my intuition & how much ever I know. At times, I take advice from my friends and learn from their ways of playing. In the first place, why they should have to give tips to the other and why not by using it personally. If we think it deeper, this is some kind of trick and those who fall into them will surely won't make money instead of losing. Why we don't believe and trust our selves, may our intuition is greater than them. Yes self-teaching is the best way to learn something so we should try to learn from us. It’s not good to try all people who can teach you as not all people give valuable information so just learn with your own experience and try good knowledge from your own. Just make research and you will be able to have good betting and gambling. Those who usually are giving advises to other are the ones who themselves never execute these strategies rather simply they are devising them and sharing with new gamblers. If someone is really willing to help others, he shall not charge any fee for sharing betting tips. I will second your stance of self learning because that is how you are able to analyze things critically and learn from your own mistakes. |
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Well when the government says to go cashless, it's not to make everything digital, it's to actually regulate every transaction and place taxes on every penny of transaction and monitor them, and if people start to use crypto then they will contradict the motto of transaction regulation by the government xD so that will bring back privacy in a more secure way  Government never wants people to simply adopt some system that is giving them complete control over their money and transactions. Crypto is giving people this freedom. Government needs money from your earnings in the form of taxes whereas crypto is sampling is going against this aim of government. Government would only adopt crypto when they have figured out a method of regulating transactions. |
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It seems to me one of the usual propaganda statements made by those who have an interest in blocking the spread of crypto.
The crimes that can be committed with crypto can very well be committed even better with cash.
And anyway they are statements that cannot be contested, therefore they have no value.
Such statements are often spread on social media in order to distract people from the usage of crypto currencies and spread negative image about this new technology. Such rumors are spread by those who are ruling fiat hence controlling the economy of other states and people. They don’t want crypto to rule the world because in this way they are going to lose control over the economy of other states and people. Crypto provides user all control over his wealth. |
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I think the biggest problem is not closing losing positions quick enough. We tend to wait and wait and wait to see if it bounces back and capitulate very late with huge loses. On the other hand closing winners too early goes in pair and they are both super costly mistakes.
New traders and rather old ones shall also pay maximum attention to this thing i.e. when exactly they need to quit. As you said most of the times trader keep hoping that may be some miracle happen and the prices of coins will start moving upwards. This does not happen in maximum cases and the more they wait, the more they lose. If the things are not going well, then simply don’t sell of your coins. |
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Of the two options above, I am probably a risk taker and I will choose cryptocurrency. Fiat currency is probably only for those who want to enjoy their lives
I also choose crypto because for me crypto has more attractive features than fiat. We can use fiat only for temporary use and it will get us goods we need but with crypto we can make our future and it will give us profit, we can use it at the time of need without any problem so we should prefer using crypto. Crypto has undoubtedly charismatic features which are totally lacked by fiat or conventional currencies. Crypto currencies simply give you opportunity of making great profits simply by holding them whereas this never happens with fiat even not with gold. These things not increase in value as speedily as crypto currencies do. Secondly crypto is the future currency of the world and we better be aware of it timely. |
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Many investors and traders that are quitting in the market because they cannot grow their survive and their trading portfolio is keep decreasing. It is now the month od December and the 2019 will now end in few days. It is better if we will focus next year on how we are we going to survive in the market obstacles and challenges. We should also improve our trading pyschology in order to fully control our emotions.
Maybe because some investor do invest when the bitcoin show that the price was increase. They only believe to a thing that everybody get some profit and they are not willing to trust crypto. The tendency was they didn't know much more about crypto so they invest on it because there are so many millionaire who get profit because they stay in a longer but some investor want to get in fast money and easy money. Crypto is a market where you do make huge profits that can turn you millionaire but that does not mean you can gather such huge profit in no time. It takes a lot of time and courage as well. Courage in a sense that you have to support your coin during its downfall such as bitcoin sincere investors is doing right now. They are trying to collect this expensive coin at low rates when seasonal investors are dumping it. |
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I will choose crypto without doubt over the stock market, because in my opinion crypto is more easily understood by me.
And the most important crypto prices are more volatile than the stock market, so it will be easier to generate large profits.
But investing in crypto does have a very high risk. We must be careful when investing in crypto, do the analysis and research
correctly when deciding to buy coins for investment.
Both markets have their own benefits and as you said, crypto is easy to understand because people are much into technology now and these days we see that internet is giving you access to every new innovation and knowledge about anything that you want to learn. I also prefer crypto industry over stock market because of the volatile nature of former. Stock market does not generate profits on short terms. |
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ofcourse many people gamble to win some money. But the winning is not guaranteed in gambling. Luck plays a major role in gambling. So expecting 100 percent win on gambling is not a wise thing to do.
This forum is full of threads which talk about gambling as something that is making people lose their money most of the times and that too in large amount because gambling is all the time relying on luck and fate. I always recommend people going for sports betting if they really want to make money without the involvement of luck and if they play dice or poker, play it with small amount of money. |
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Hello traders!
I would like to know how you started trading? Any interesting articles,
videos or guides that you found helpful before you started?
Can you share your opinions and experiences please?
Personally, I discover crypto trading because of some token I got from bounty campaigns. I learn to trade because of my friends he taught me some things how to trade and through help of some articles online especially in this forum I learned a lot from it. As additional you could also look some tutorial in youtube but I highly recommend to acquire in this forum since it is way more interactive. I also learned trading because of some tokens I got from crypto bounties, I really don't have a plan to become a trader but it makes me satisfies everytime I am checking the market and guessing during that time when is the time to buy and when is the time to sell, and now continuously learning trading as I am earning from it even a little amount of money. You are doing the right job by not entering without knowledge because with the current situation of the market, you might lose more value, now it is right time to grab the coin because almost all coin prices decreased a lot in the market. A trader has an idea when to enter the market and he will definitely make good profit from it. Entering the market right now for massive coins such as bitcoin would not be a worst decision since it is really tough for traders for buying bitcoin directly when market is pumping. Pumping is not for buyers rather it is for sellers. You lose value when you are entering or leaving at wrong time. Successful traders are the ones who are able to use these pumps and dumps in order to make money. |
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I have friends who quitted this jobs because they want to work only to cryptocurrency or become full trader but suddenly they did not success and they lose more money and now they finding a job again but they still a part time trader. But look at you are successful even you gave up your work that is amazing and I hope you become successful more.
I do have my office mate too who resigned from managerial position just to do trading, he's doing part time trading in our office and after a year, he managed to resigned and now he's full time in trading and already bought a new house and a new car, I am happy for all of those guys and I wish to be the same, still needs to learn a lot from trading. That's true we need to learn explore everything and more experience in trading if we want to be successful in just like you mention. It was hard for us if we quit on our job for a reason to go in trading because we want to focus in trading but if the time comes we earn enough in trading can bought house and car or make some businesses maybe that will be a time for us to quit our job. Experience and learning are both important and we should keep getting it in order to become a profitable trader. Being a full time trader is hard because the market is open 24 hrs and it is really hard to monitor the coins due to its volatility. I have a day job and I do not have plan to quit in switch into full time trading. I can still handle the risks even if I have full time job. This means you have amazing time management skills and are able to work nicely under pressure. There are people who cannot pair up day trading with full time jobs since both require mental activity and make you tired. People usually are seen pairing day trading with no job and long term trading with day job. Your combination is rare one and if you making good money with trading, join it full time. |
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It's simple. People are tired of waiting for 20K and above, he decided to drain a little to buy gifts for the family at Christmas. Hence the price drop.
Not simply by his selling of bitcoin the prices have drained. I feel like this is becoming a trend for the holders of bitcoin who do not have other reliable and sufficient source of income to sell off bitcoin and meet their necessities. This is indeed becoming difficult for such people to keep holding onto bitcoin. I feel that selling of a small portion is not a big deal. One can buy again after some time. |
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