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61
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Bitcoin / Bitcoin Discussion / Re: The Truth That Will Eventually Kill Bitcoin
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on: January 15, 2020, 04:10:05 PM
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In the below 6-minute video, it is explained why Bitcoin is a fraud where a gift record is falsely presented to the public as a market item. https://youtu.be/LlPwmW4XphEWith this your greatest discovery you shouldn't be here, if you can't find answers yourself you will end up believing in what you here from others, just exactly what you watch in the video, how fraud can it be when digital currencies are triumphing every where? You need to learn a lot Yes it is not a fraud. Instead of believing in what he has watched in the video he should gain more knowledge about this discovery. This greatest innovation is changing the life of common people in many ways. It is also true that there are fraud traders in this market but the business itself is not fraud. The time will come soon when everyone will be familiar with this digital currency, it will reach to the further heights of establishment and no one can deny the use and importance of it. |
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62
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Economy / Economics / Re: Big risk ,big results.
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on: January 15, 2020, 03:50:57 PM
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There is no denying to it that if you bet big fund then only you will win big but sometimes lack of patience will lead to loss. So its upto trader to risk what they can afford to loose rather going with all fund in one go thinking they will gain good profit.
Pro traders are the ones who succeed in trading because they know the strategy to use and knowledgeable on what they are doing. For an ordinary trader its hard to risk our hard-earned money because of the dilemma that what if you fail or you lose your money. Thats why it takes a lot of guts because everything is uncertain and depends on your plan and strategy. Your prior knowledge and working strategies are very important in this regard. You have to jump up to reach the top of ladder without fear of fall. Risks are the part of every business, one have to take risk in search of better results. As the nature of this job is more uncertain so the risk is higher. But if you played well by using the right method, you will definitely be rewarded by the biggest prize. |
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63
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Economy / Economics / Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and...
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on: January 15, 2020, 03:23:02 PM
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I agree to you only in this point, if you want to get rich don’t pay taxes. Governments, in no way think for the betterment of society and people. The huge amount of taxes over everything is making lives miserable for the people. There are things for which the tax paid is even more than the actual price of the thing. The high authorities have no real concern with your better future, they only play blame game. So, for me if you want to become rich don’t pay taxes.
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64
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Economy / Trading Discussion / Re: Excessive confidence in cryptocurrency trading.
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on: January 14, 2020, 04:59:11 PM
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I used to be this kind of trader back then. When I experience a small profit, I feel that I can do it again and earn a bigger profit and I will keep trading and trading until I start to lose money and I got greedy to recover it resulting into a bigger losses. I used to feel that I am a good trader and I don't need anybody to tell me my mistakes. Nowadays, I don't trade that much and I only set at least 5% profit each day and once I reach that, I just call it a day and wait for the next day opportunity.
You still execute sell orders regularly even though you are impatient with the next step. in other cases, many greedy traders and waiting for a greater percentage with unreasonable confidence. and finally they realize that they made a big mistake when prices dropped like rockets, you are still better because you can still make the decision to sell. You have been a confident trader. Trading is all about how patient you are so that you can wait for the time to come when your efforts are actually going to pay back you in the form of money that was wished to be earned. But overconfidence can lead to severe problems as you start estimating matters in a wrong way that could lead to loss in the end. |
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65
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Economy / Trading Discussion / Re: Is it possible to double capital in 2 months?
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on: January 14, 2020, 04:27:03 PM
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if you are asking about the possibility then yes it is possible to double or triple your capital in crypto easily if you have knowledge about alts and enter the right trade at the right time. I bought Dash on Dec 23rd with approx price of $43, now it is trading at approx $77. I had a hunch that developments are going to kick in and Dash will move positive and it happened. Hopefully, I will double my capital here and sell it on the right time.
Is it possible if we are now in a pumping season or in bull run, because if not expect that he cannot reach any target price that he wants and his asset would not be double in a month or 2. For example if you bought XRP on oct for 3months it decreases about 27% , and it is slowly going up now and ranging from@2700-@2500, there is no centainty in our market now , we need to prepare for losses and if you are in long term investment better to prepare for it. It is practically impossible to double your capital in just two months. The reason behind it is that trading is a slow process and it takes time to earn the required amount of profit. Others methods are a bit fast and those who have just started trading the coins use different strategies to achieve their targets easily but eventually get failed. |
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66
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Economy / Gambling discussion / Re: Real reasons to Why do you gamble?
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on: January 14, 2020, 04:02:47 PM
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Reall reson yeah to get masive money even with easy
Sometime people have reason is just for fun enjoy the game but for reall he want that money lmao
haha . why do you know that they also want to earn when they say that they only want to have fun ? you mean to say that they lie ? nah . there are people that are not like us . those people already have good jobs and they already earn sufficient income plus they also have support from thier family . they only want from gambling is the unique enjoyment . your reason to get massive money seems impossible if you dont risk really huge amount of cash . I also believe that the real reason behind anyone who is gambling is to make more and more money. There are a few exceptions to it as well. Some rich people also gamble just to have fun. But if they lose recurrently, then obviously their aim shifts from fun to getting back their lost assets and hence monetary benefits become the real cause of gambling in one way or the other. |
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67
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Economy / Trading Discussion / Re: How did you start trading?
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on: January 12, 2020, 05:05:29 PM
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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?
I've been started trading a small amount like 50$ i choose those coins that i know that every hour can go up and down its called short trading. So my 50$ become a 200$ in 4 days so its been good experienced because in a short day i got profits 150$. Until now i do short trading and im happy for the result. Because every week i got profit in trading You have a great experience which encouraged you a lot anyone will get encouraged when they will get profit at their first start. I also took my start with such a smaller amount and my first exchange of trade was yobit where I got some profit which made my portfolio 3 to 4 times increased after that I started on another exchange and continued there in the start my experience was good but then the market dumped and I lost some amount there. Nowadays I am again doing trade on yobit. Yobit is a crazy nice exchange and easy to use as well. Well it matters a lot how your first experience of trading goes. If you make good money in the beginning it will help you invest more money and try bigger coins for trading. Trading tends to appear tough but is the most useful way of making money and it turns out to be a continuous source of money. We shall trade on only those exchanges which are easy to use. |
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68
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Economy / Trading Discussion / Re: Learning to trade
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on: January 12, 2020, 04:14:15 PM
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I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for. I've made some profits and lost a good deal. Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish. I need advice on how to improve my trading because I really want to do this  You need to choose right time to jump into the market, if the price drops, you should hold it. You should also have your own strategy and follow it. we will say very easy but doing it is very difficult. These nonsense sentences appear a lot to those who do not want to help newbie. What he needs is the source of his psychology for successful trading. he is also losing his orientation due to the great fluctuations. You should give him a plan and your direction when trading, so that he can learn from you and gain more experience. I just want to contribute my opinion. I will support you in this regard and your anger is justified. New traders come here to find authentic information, rather than going through general sentences which most of them already know. They want proper guidance, proper plans and directions like names of exchanges they shall use and trading bots or trading forums or YouTube videos which can support their trading in real means. |
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69
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Economy / Economics / Re: Your plan if no significant move on Bitcoin price along with the halving?
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on: January 12, 2020, 03:51:05 PM
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I haven't much plan but I wouldn't be selling them off in one go after I held on for them hoping for a new ath. Probably I'd just try to some trading along the small movements.
There are still several things that can happen, especially with the uncertainty now with the US-Iran conflict and the associated oil and goods hike.
Personally, if I had the idea of selling all the assets, I would have already. I am not here for 2020 halving. Longtime residents have already been in this market for a long time and will continue as long as it survives. Halving is simply a natural innovation that should be in the market and also a little more gain if it influences the price in the right direction. Just relax and trade as usual. People shall simply keep supporting marketing no matter what happens because this is how we can make crypto currencies increase in prices. It is simple business law; the more investors are there definitely the more money will be in the market ultimately increasing value of coins. People are definitely having great expectations from halving especially the ones who are simply holding coins. |
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70
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Economy / Economics / Re: Cashless Economy: Is Society ready for transformation?
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on: January 12, 2020, 03:13:04 PM
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Absolutely not, during demonetisation usage of ewallet increased but it has drastically decreased now. Major ewallet such as paytm are providing various offer and services to users but we still have cash dominant society . Reasons behind this is our black economy so we are still not prepared for it. I think govt should or a separate private should start a campaign to attract consumer to digital space then only we can step forward to cashless transformation.
Many governments are being unrealistic about the cashless economy that they are trying to push on their population, there are countries that are very rich and have a very good distribution of their wealth that can in fact move to a cashless economy but in a country like India in which there are so many poor people that do not have access to electricity, do they really expect that people are going to use digital options instead of cash or something physical to exchange their goods? It doesn't really makes a lot of sense. Even in rich countries, poor and homeless people exit. If we talk about USA and China, both have poverty as well, both have homeless people. Apart from this, there are senior citizens who are not ready to get in complications of doing all online. They will never allow complete transformation to cashless society. The best thing is to give public both options and let them choose what they want to use. |
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71
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Economy / Economics / Re: Where should we focus this year?
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on: January 12, 2020, 02:43:22 PM
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Trading and investing maybe more tired because always got loss my investment but I will try this year by looking for which one good bounty campaign for joining, I am looking way how to earn bitcoin and altcoin without investment. I joining with many campaign and waiting after bounty finishing have worth with higher price or not.
Bounty campaigns are always nice to join and earn free altcoins or even a bitcoin without making monetary investment. There are countless campaigns you can find easily on internet but I will definitely suggest you doing little research before participating. Moreover try to learn trading with small amounts since this is very useful and proven way of making money in the crypto world. Try it first with small amount of altcoins. |
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72
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Economy / Trading Discussion / Re: How did you start trading?
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on: January 11, 2020, 04:58:33 PM
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I also began that way, I was mystified by the ability of traders to predict what the market was going to do and I wanted to do that by myself, at the beginning I was not thinking about making money I just wanted to do the same they were doing but then when I realized that you could make money with that skill I dedicated even more time to it until I was able to design my own strategy to trade the markets, it was not easy but I am glad that I made all of that effort so I could be here today.
strategies sometimes cannot work well individually, you need to try to communicate with many daily traders, and change decisions that often result in losses. almost a year I read a lot of theories and do my own analysis, but it only took two months to understand everything when deciding to actively communicate directly, a pretty basic difference is how we put forward various strategies in different understanding according to market conditions. It is a good start by the way. Trading is all about getting the right things done at the right time. Actually it is a bit slow process but it earns you profit in the end. Starting the trading profession for me was just because I had lost my job and wanted to get into some kind of business that would actually enable me to use my skills and work freely without any external pressure .So today I think that I had made the right decision. |
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73
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Economy / Trading Discussion / Re: What do you need to become a successful trader?
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on: January 11, 2020, 04:31:46 PM
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What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
And which is the best market to trade for a beginner.
For you to become a successful trader, you don't need to know anything but rather learn what are only essentials and the rest is just patience, determination, any discipline. Going back to your question, learning technial analysis is considered as essetial in trading It's a must for you to understans the chart patterns. For harmonic patterns, it's your choice if you'll study it but I can guarantee that it's not a must to become successful trader. The best markets to trade for the beginner are BTC and Tether. Becoming a successful trader is only possible when you are having experience of this field. Trading is to be done with patience. Trading is dependent upon the knowledge. Once you have the right data to make transactions and exchanges correctly, you can make ample amount of money. So keep on making effort and wait for the time to come when you will have actual idea about how it works. |
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74
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Economy / Trading Discussion / Re: It’s very easy to trade Bitcoin
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on: January 11, 2020, 03:45:38 PM
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You could also trade with buy lower than rate and sell at higher than rate, although there may be some losses if you don’t anticipate sudden downward spirals but you should be good with that strategy.
Make the money work for you, not the other way around
Yes .It seems that trading with bitcoins is an easy task. But this is not the way. Most of the time a person thinks that he would be able to make profits while selling their coins at higher rates but a few days later he realizes it was not the right time to sell away his assets. That is why trading is something that must be done with patience. |
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75
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Economy / Trading Discussion / Re: WHAT DOES A TRADER NEED?
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on: January 11, 2020, 03:30:23 PM
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Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!
You've said it yourself. it's a rule of thumb to always make trade analysis using not only technical analysis but with fundamental analysis. That said, You've to actively checking the news. If you've been in crypto long enough, You would know how crazy a coin gets when it's in the news and everybody is talking about it on CT etc. You can checkout this article I found : Best Trading tools checklist ✅ First, thank you for mentioning my article, I tried to do my best to list the best tools needed  Second, When you say: "everybody is talking about it on CT" what does "CT" mean ? Yes a trader needs to perform all these activities. This is because each new day, the prices of the coins fluctuate and moreover it is something that takes place at such a large scale which means you need to keep an eye on all the progress that is taking place. Newspapers and electronic articles are best methods to gain quick glance of required updates that are focused on finance. |
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76
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Economy / Trading Discussion / Re: How to learn bitcoin trading?
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on: January 11, 2020, 07:28:07 AM
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I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments. a+ homework calculatorSince i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin. There are a couple of things you can do to learn how to trade bitcoin. I would definitly sugget doing your research nd a lot of it. this can be done by reading articles and books as well as watching videos. Another great way to learn is with some hands on experience. A platform like eToro is very useful because it has a copy trader feature that allows you to copy more experienced trader and learn the ropes with reduced risk. I hope this helps! It is good to hear that you are putting your efforts to learn about the bitcoins and other digital currencies .Moreover you have a good analysis of better ways to earn money via usage of the digital assets. Trading is no doubt a profitable method. Actually for newbies there are different methods to learn more and more .Online information is quite sufficient to take a new start. Moreover you consult others for a good suggestion. |
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77
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Economy / Gambling discussion / Re: Gambling with Fiat or Crypto?
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on: January 10, 2020, 05:52:09 PM
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When I knew Bitcoin, I started playing gambling. So I used this currency to play comfortably compared to Fiat money. I don't care what's going on with the Bitcoin price at least it's still worth. It's easier to use Bitcoin because making a deposit doesn't require a personal identity. As we know we have to provide a full name and bank account to deposit on gambling sites using fiat money. The most important thing for me is to remain anonymous.
So that the player of here wants to use crypto coins instead of fiat because literally crypto is easy to use need only some step and you can play a gambling games anonymous . But mostly in the real world ppeople use fiat because it is tradition when also the gambling games is not using technology or the only play a gambling games traditional but both is useful. Majority of the gamblers are using both types of currencies i.e. fiat and digital currencies depending upon the nature of the game and most probably upon the nature of the house. If the house is land casino, there are maximum chances they would demand from you paper money not even the plastic money would be acceptable. Online gambling aligns well with cryptocurrencies as they are easy to handle. This has become a trend nowadays that people prefer to use bitcoins for gambling. Actually it is dependent upon the state you belong to .Some areas have relatively flexible legal systems and the people their do use paper money for exchange of money in gambling .But need of being anonymous is still a demand when you gamble. Hence using the cryptocurrencies is a solution to this problem. |
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78
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Economy / Gambling discussion / Re: Real reasons to Why do you gamble?
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on: January 10, 2020, 04:45:53 PM
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Many gamblers are saying that they are only gambling for stress reliever but the thing is they keep becoming more stress if they lose in the gambling. For those who have a lot of money can say that gambling is for fun and stress reliever because they have a lot of money and they do not care even if they lose big.
Gambling for stress relief? How funny can this get. Gambling alone can put one into stress. it's not only because of the loss that comes with it as you state but also because of the mental calculations on the right strategies that could result to winning. That alone can stress the brain. When one play without thinking or calculating the chances, the loss becomes greater. Anyone that want t relieve stress should go watch a show and not gamble. To be exact, people are in gambling for the reason that they would like to win and have some money. That was crazy actually if we've been addicted to gambling just for stress reliever, having fun or social engagement. What makes us relieve from the stress in gambling, if we are able to hit the jackpot prize. I think we have our own reasons. Everyone has different reasons of gambling but we all know that most of the reasons that we will be hearing to them is that they want to earn money. Having fun or not, money is the reason since there are a lot of ways to have fun without risking your money. We have our own views on gambling, we may have our own reasons but usually it is for the money. You are right. Gambling is done most of the time just to make money .Gambling is not about having fun especially for those people who are not financially stable. It is a fact that every individual has his or her own reasons for gambling. Gambling must be done in a way so that a person should not get addicted to it .Because in this case it would eventually lead you to become stressed and lose more and more. |
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79
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Economy / Trading Discussion / Re: How long do you hold on a trade.
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on: January 05, 2020, 02:22:54 PM
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It all depends on our tolerance level. You can hold for long after making all the necessary research about the project and sees it be a viable one. unless that, you need to dump if the market is moving against you. But as for me, I always hold for long in any project with active team development and regular update to the community
I ever hold some altcoin more than one or two years depend when I get back my profit and return my investment money, today I keep holding my Ripple coin after going to lower price and more than two years I have hold this coin and hope can back above $3 and return my investment money in this coin, I will cut loss when ripple never growing to higher price. This is the right way to ensure your maximum benefit through investment. Investment in terms of the digital currencies is not easy when the prices are getting fluctuated instantly. You have said that you hold on to a single coin for some time and then switch to the other. |
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80
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Economy / Trading Discussion / Re: A good advice for every traders.
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on: January 05, 2020, 01:52:39 PM
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The point is you must have a target that is not too grandiose or greedy intake profit if you want to be safe when trading. The percentage of taking profit or cut loss is needed. because that's one way you manage risk. listen to your own conscience. Never make the same mistake. one of them is not listening to your heart, if you are sure to sell it then sell it. don't hold it because you listen to a friend's advice that is not necessarily true. And this often happens I guess. And regret will arrive when you make the wrong decision
Yes you are right. Trading is all about keeping yourself disciplined in accordance with the need of the hour. A person who is into the trading of cryptocurrencies must have a flexible approach towards the ever changing market. This helps you a lot in taking the right step at the right time. Trading is only beneficial when you apply your techniques at the required time. Trading is a profession where a person is required to keep patience. Trading could be good when a person is experienced. Trading of the cryptocurrencies is not beneficial when a person keeps n fluctuating between various currencies. You must stick to a single currency for some time and gain the experience about it. |
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