Only invest an amount that you can afford to lose because Bitcoin and altcoins are still risky investments. There is always a chance that you will lose your money if something bad were to happen like a government ban or tighter government regulations. Also, exchanges get hacked or could go out of business. There are just a lot of ways that things could go bad.
As everyone here knows, investing in crypto is a very profitable thing and the risk of loss is very high. But I think all those risks can be avoided if we are careful in choosing and finding the right time when investing our money. Because any business that can get a big profit opportunity always has a high risk of loss. it all depends on us, dare or not to take risks. Yeah, time is good, and the best time is never to buy into fomo, listen to news, make fundamental analysis your friend and with that you should be fine. I feel at times, the problem is that so many people hate reading, and they just prefer taking a lot of risk and seeing how it ends based on whatever they are hearing. Investment in bitcoin should be everyone's decisions and that decision should be taken only when they have a good knowledge as that should determine what they want to invest knowing that it is the long term that counts. |
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ICO Investment included the high risk investment. High risk high gain, you need to learn deeply about the ICO, you have to make sure they will be successful, by know the team and project. There are many factors that connected to successful ICO, learn about them because its very important.
Yes, it is a high risk, but no longer high when you are taking the necessary precautions. So far, since I have been investing in ICOs, I have seen it as a low risk investment and high gain. As long as you are doing it right and you are investing with the right team, you should be fine and all you should bother yourself about is seeing the project yielding a lot with the community accepting the product and creating demand for the token or coin you are holding. Honestly I prefer to go with trading coins rather than looking for ICO investments. At the same time I need to agree that ICOs are known for giving more returns in quick to compared to trading coins, still considering the risk involved with ICO, it would be better sticking within trading coins. |
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It depends on the coin whether it is worth to invest in or not. If the coin has no potential then I would most probably not invest in it but if the coin has potential then I would look how low the price has gone from the past few weeks. I would understand the charts and predict how much the price would increase in future and then wait for the right moment to buy the dip. I wont put in all my money but rather invest a small amount so that I could buy more if it dips again.
Totally depends on the coin and it would always be in one's best interest not to try that with a shit coin. I have seen this several times, as there are usually some small gaps in between a huge sell and then seeing some quick doji, but better to always make use of some indicators to make a safe move than a risky one all in the name of catching a quick falling price and thinking that would be the only saving grace, in a fast moving market when everyone is trying to dump, you may just end up screwing yourself up finding how to sell. I remember how people were dumping on me last year when BTS was going to be delisted on bittrex without me knowing. |
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Are they forbidden because they are out of control? are not ! I think, because bitcoin is known to the world and accepted by investors so I believe bitcoin will pass.
China doesn't like it because according to them its disruptive to their economy. But I don't know if there's truth on it or not. However, if you look at the Zimbabwe and Venezuela crisis, bitcoin has help a lot of their citizens to survived in those trying times. They used bitcoin to hedge their wealth (Store of Value) and then buy things outside. As for China, let's forgot about them. They already cause so much control. They suddenly turn their backs on us. Only thing that they are still relevant because of their monopoly of the bitcoin mining farm. But when the government started to clamp it as well, then its obvious that they will move it somewhere and then there are other farms that might close, and its time for other countries like Japan's GMO to take the slack. So with that said, the monopoly of the Chinese miners will be lessen and in the future we will forgot all about the Chinese. I think once Monolpoly of bitcoin mining lose from China, They will be more flexible towards bitcoin. Normally that is how things go on. I am sure no one will be able to turn on back on Crypto currency. Blockchain technlogy will be the future so the cryptocurrency ? Obviously, there will always be turnaround and moreover, since bitmain has even decided to spot on some branches in some other parts of the world, I am sure he must have been spreading his tentacles for a reason and that is good anyway since those countries believe in the benefits it would bring to them. This is the future and there is nothing China can do about it, and it is either they believe it now or they can be our guest when they come in late to the show. |
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So….. I have been researching , to understand what it is, it’s roots, how it works and how it fits into e-commerce. Anyway, my research suggests this is a good investment as….it has a faster block time, introduction of Litepay and it has been stable for the last 3 years….. Therefore I would like to invest in this coin so I'd like to know what 2018 will bring. This guide helped me during my research: www.cointelligence.com/content/ultimate-litecoin-guideWhat you say is a strong reason to invest in Litecoin. A faster block-processing rate, Litepay and Litecoin are the first alt in the crypto world. The price is stable and continues to survive until now, I think this is a remarkable achievement and not all alt can be like this. I also heard that Litecoin will have a hard fork and it will happen soon. Litecoin holders will earn Litecoin Cash with ratio 1 LTC : 10 LCC. Cheers the LTC holders. Holders will gain for that if hardfork happen since it could bring good hype to the people who follows the litecoin and also that one is no bad coin since as you say it can deliver good interms of transaction accuracy so no wonder that the Litecoin will be good to stake to earn good profits. The fork really does not mean much anyway and hitherto, Litecoin itself is a good project and has a lot of support. Charlie Lee even recently mentioned how Litecoin is going to be surpassing Ethereum in market cap this year, which I would not dispute considering the level at which it has gone with the Litepay payment system launching its debit card which obviously makes it more like a mainstream development. Personally I am so excited to see litecoin to be hitting new heights as I am still holding few coins which are earned through different simple opportunities when litcoins was below $10. |
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well, actually now it is growing because of the distribution of coins Callisto , and of all the potential growth of the fly he had 100$ , so we will soon see the price for it
I want to believe people are putting too much hope in this coin. Sure, there is no coin that is not possible of having ATHs, as long as it can easily get pumped and it can be speculative. I have not really seen much that would really make this coin grow fundamentally, except for the strong community anyway. It is still better though than the usual few minutes pump and dump market, so it makes it easy to trade. Ethereum Classic is one of the top cryptocurrencies by market cap and is traded worldwide. With time,i believe that the value it will attain will catch so many people unawares. ETC is a good altcoin and just like every other coin or altcoins that started small and have become big ETC will also get big in no time.
Hmm. I really do not find anything that makes it different and for all those who knew the story behind ethereum's fork, I would consider it a mistake. Unless the devs are willing to come up with something totally different from what Ethereum is already offering, I really do not see it more than a normal market without much value except based on speculation. |
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This is what makes the martingale so dangerous.
Looks like it works great ... BUT ... if you're going continue, one of these days the HE will catch you and send you straight to loss.
I've seen so many people claiming they have a working solution, sharing their profits day after day (even trying to sell it) ... and then suddenly cease. Guess what happened.
BTW, Congrats to your winnings, I can only advice you to take profit and leave before it's too late.
That is the issue with martingale many do not think they can lose 10 or 20 times in a row, and since it is not that likely then most of the time they earn back the money they bet but if they keep playing sooner or later they will lose that many times and they will lose everything they bet until that point, it is sad but some people only learn by experience and they need to experiment losing all their money before they learn their lesson. Most times, it only takes a lot of wins to get just little from martingale, but all it takes to lose so much is just that losing streak that can make you miserable within a split of a second and keep wondering what just happened.  That was exactly how I felt when I experienced my own fate and that was when I told myself out rightly that I am done but not without trying it the second time before making the final decision. You will always just be tempted to recover those losses. |
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I think bitcoin is always best one.Now the price of bitcoin is low so you can play in gambling and get more dollars in term of bitcoin .But for that you need some luck .Without the luck it's not possible to gain at all.Just choose the gambling to play in free time.
Everyone needs luck in gambling irrespective of the coin you are playing with anyway. When it comes to the fact that you have the possibility of your winnings increasing over time, that is if you have not ended up losing most or all of it to gambling before that time, then one may want to consider bitcoin. I still prefer holding a large amount of dogecoin and see where that leads anyway just for the fun of it. It is not like it would really grow that huge as far as I am concerned, considering its unlimited supply. |
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I suggest that you wait for the price to actually decrease drastically so as to create great opportunities for a person in obtaining maximum profit in the future and you do not take too long to make it happen because bitcoin has a fast price movement.
Yes still the price is not stable it is fluctuating looks like one more time it will go under $8k in few days. last night it dropped to $9.5k. So wait for some time you can buy it for less price. one thing keeps in mind once it charge suddenly I will go high so don't miss opertunity. Bitcoin is looking strong, and it would be good to see how things will turn out. We cannot say exactly when to buy or not, or if the price is going to go down more or not, but at least the chart will be there to tell us all of that when the time comes. I pity some people who are always busy waiting for the lower price when they can just buy in margins to at least take advantage of the present lows. The same way a lot of people missed a lot of opportunity last year. I do believe most people who wait for so long without even having an idea of what to look out for to go into a position always end up missing a lot at the end. No one can predict where bitcoin will move next, but analysis can only help us to know whether to get in or not, but some people do not usually get that. For a long term holder, $10k would have been a very good opportunity, but I am sure, some of them were still waiting. |
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I think there is no bubble in the place of labor, because a lot of labor and energy is needed to create a bitcoin, so there can not be a bubble because it is energy on its base.
I can assure you that bitcoin is not a bubble. We can see bitcoin prices have fallen dramatically after China's embargo from $ 19800 down to $ 6,000 last week. However, bitcoin prices have rebounded and now have recovered to $ 10000. According to my analysis, only in the next week bitcoin will be able to touch $ 12000 level. It was not really China's embargo; I would consider the drop in price as something that was long overdue. We have always needed this change of trend to know where we really are, and now that we have it, we can know where we are going. The market to me is looking strong and good now and we may be having some series of test of the upper downtrend line until we break it, but for now, bitcoin is still the future as far as I am concerned. |
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Stable is good too, don't forget that it isn't crashing which is a positive in itself. While I am bullish long term on the price action for Bitcoin I don't have a date for you that it will surpass 50k. I believe it will happen this year around October but it could happen next year that time, or 5 years from now. It could also never happen which is why we must protect ourselves and our investments on a daily basis.
I really doubt it that it's going to happen anytime soon, if it ever reaches that mark, which is also unlikely. The price is influenced by a variety of reasons, it won't happen suddenly. Although, we probably can expect a price increase in the distant future, the $19k was an outstanding achievement, but the price has been stable for the past few months, no sudden changes are due to happen any time soon. I totally doubt this as well, but as I doubt, I always leave room for any possibilities in any scenario. I doubted the possibility of bitcoin reaching $15k last year and it passed before dropping even lower than that and we are still doing very fine than when we even started last year. We are in a market that is not predictable and even more complex to know what can ever happen, but all the same, whatever is meant to happen will happen with only time being there to tell us when it does. |
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It is noticeable how bitcoin has risen to the occasion two weeks after it went down to 5,000$ plus. If bitcoin will continue its dominance for a long time, it will probably break its highest market price last year, IMO.
All we even need right now is some good volume that can be generated by some good news. The news are not that bad this time around compared to what we had very late last year and we only need the market to give some green light right now as that is when we really can say how things would turn out. I like what I am seeing anyway, as the market has been strong, but as long as we are still in the bear zone, there is nothing to predict yet. Is there even any reliable news platform this days as most of them are controlled by whales as far as I am concerned anyway. There is a huge possibility and I cannot expect bitcoin to just be in a downtrend throughout the whole year as that is pretty much not reasonable, but the rise depends on when we get out of the downward trend. It is good though if it skyrockets soon as some Morale are down, but for those who are smart, taking advantage of now should be more important. |
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both are unpredictable. in my opinion, cryptocurrency trading is better than forex. at least, there is no margin call on cryptocurrency trading. you can hold your asset as long as you can. no one can control the price, it is pure supply and demand, buy and sell. however, I think the FUD and FOMO on cryptocurrency trading is higher than Forex.
Valid point! Looking at how the whole market of Forex has been fashioned which can give room for you to not even consider holding which you can do unless you have a lot and you are trading on low pips, but at the end of it all, you just have to better cut loss at some point anyway. However, looking at the crypto market, though highly risky, but you can just keep holding and hoping that the market gets pumped and you realize your funds back, but you can only count yourself lucky in the case where you are holding solid coins, as it would be better off trading Forex than holding a shit and garbage coin. |
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I agree with this theme no need to see bitcoin every five minutes because it can make you confused or panic losing bitcoin barley with cheap price.
It depends on the traders, no matter how often I check bitcoin price but if my main purpose is for long term hodling then I wont do panic selling. Checking bitcoin price more often will help traders to decide what to do. Panic selling usually done by beginner traders who are afraid to lose their money, they hope to make profit in short time but they are not ready with the fluctuation. And no matter how often we check the price it won't change any way. And if you're long term holder the price doesn't matter because you're not selling it. However, checking it every minute is a real struggle tho as we wanted to see if our coins doing, checking doesn't mean we want to sell it but rather just observe the market. It was annoying to always check bitcoin price at the blockchain every five minutes. And in fact even if you always checked it the price would stay the same. Price checking i guess is suitable for a daily traders who of course they would decide if this day, this hour could be a good time to trade. Annoying is even an understatement. I really see checking of bitcoin's value every few minute as something that is not even sensible and probably for someone who really does not have much to do, because if you are extremely busy doing other things at your place of work, the last thing that will come to mind is your long term investment. If you bought early last year and come back to check at the dip, you are still making a whole lot of profit, so the same thing could be happening in coming years, so why the heart trauma some people keep giving themselves ? |
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Honestly, binance is just super easy to use. Bittrex is being more of a pain in the ass lately and they're screwing people over that had older accounts. Poloniex has been pretty bad for a long time and support is nonexistent. All the smaller exchanges are struggling a ton, but that's probably because they're so small to begin within and don't have a lot of resources.
I guess with exchanges these days, things are really getting not that awesome, but for bittrex, I would not say it is that bad. I have been an old trader on bittrex and I have never had any problem and with some extra precautionary measures in doing most of my dealings, so I do not end up in the support angle, I have been pretty doing well. However, I have never bothered myself trading directly on bittrex, as the only thing I login on the platform is to withdraw, so API on tabtrader has been good for me. |
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All your points are ok and you can follow them. However the sell time has already passed away and we are already down the line. Selling at this point would be like selling st the bottom rate only and thus it won’t do any good to you. Prices may start recovering from this point onward.
Second most important thing, if you have bought your current coins at higher rates than this then there’s is no point in selling them and rebuying at even lower rates, as you will be already in loss.
The ups and downs will always be there, so if you are life long holder then there is no point selling and buying. Just hold wait for it to rise 2-3 times more.
Yeah, and asides that no one can really say whatever can happen at the end of the day. Bitcoin could not break past the downtrend line upwards, so indeed we are even still in a downtrend and selling any moment for now is quite risky, considering that even in any of the downtrend, bitcoin can find support at any time, bounce back, hit the upper downtrend line and then recover to the upper side and I wonder what the OP will be doing by then. Bitcoin is a very strong coin, so at the end of the day, it will always recover. No one can always know anything and it is all assumptions because at the end, it is whatever the chart shows that matters and that is what you should respond to. Like you said, they are rumors and who really would want to listen to rumors anyway. If you sell your assets and you do not know when to get back in when rumor goes wrong, then that should be your own regret, but I would rather not listen to rumor if I do not have any trading knowledge and rather hold. |
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Strategy won't work unless you are very lucky. I usually run reversed martingale and set multiplier 2.3 - 2.5 and increase bet on win by 90%. Sometimes I win and more times I lose, overall I am in negative. I think that if long losing streak is possible then winning streak should be possible too. My goal is to hit 15 successive greens and to win more than 1btc. So far, I have never win more than 12 times in row  I agree, there is no permanent strategy in gambling. Whatever the result of the strategy today will have a different result tomorrow even though we are using a different strategy. There are methods too that can help us win temporarily but will bring us bigger lose if we keep on repeating it. Though there is one good strategy but it is not about how to win but rather how to book your winning and that is quit while you are winning. Yes that is right we need to change our strategy with the passage of time. Because situation never remain the same. In different condition we need to change our strategies. In fact gambling is a game of luck and very little chances to use our experience and skill. But still we have to use some strategies and planning for playing gambling. Strategies, plan, all those stuffs only work in real business or real life and not in gambling which makes me wonder why people always think they can do away with strategies. No matter how we change strategy which there is even none, we cannot beat the house edge to it, unless we are just some lucky person whose head just decided to pick for winning at that point in time. The only strategy in gambling is never to gamble what you cannot afford to lose, and if you do lose all that, just step away instead of recovering your loss. |
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Interesting "guide". You didn't go in great depth about any subject, but I would say that you created a good general idea on those concepts. From all you have said, I would the most important is when you mention that traders don't really predict what will happen to the price of Bitcoin. I think this is very important because a lot of people have this wrong misconception that trading is all about predicting what will happen to the price and where it will go. But I do believe that trading has nothing to do with that. Traders look to certain patterns like you said, and take actions that should give them profit in the long term, because they try to minimize their losses based on their readings.
I would say that trading is very similar to poker, you never know what is the card you are going to get, and don't try to predict the cards that will come out. You know that with the cards that are on the table, and with your hand and what you believe your opponent might have (based on his pattern of play), you will calculate your odds of wining and invest money into the hand. As more cards come out, you adjust your investment. It's the same thing with trading. You look to the patterns, you believe that you have some chances of winning your trade, based on those patterns, and as the price evolves you adjust your strategy (adjusting your stop loss, etc).
Really interesting, but I would not classify it as a guide, but more or less like a quick summary of what some people should know about the different ways they can trade. Trading is really unpredictable, but I would not compare it to poker that much. In poker, you may not really have much expectations per set, which in trading, you could have some expectations based on what you have analyzed, but few percentage of the time, some factors may just change it, which is why we have advantage of the stop loss, but for someone who is good and with some good skills, one can tend to win more than lose. |
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I think Bitcoin is the one of the only coins we should long term and that is because it is proven and closest to becoming usable in actual society. Sure Litecoin might be kind of close, but because everybody knows about Bitcoin it is right around the corner for implementation. I just saw a video that showed LN is active in California at a coffee shop, the revolution has begun people hang on to your Bitcoins it will probably be in your best interest.
If no one is seeing that right now, I am sure only time will end up showing them the wrong notion they have had all these while when they have probably missed in on the show. No one is telling anyone not to hold whatever they want to hold, but if by now, it is not obviously to them, that altcoins are just distractions and bitcoin gives a better chance here for longer opportunity on a larger scale, I wonder what else they would really want to believe again. May be you have been off the news lately or you have not actually make any transaction lately, but you may need to start checking the whole transaction issue out yourself and see how that has been playing out for bitcoin lately. Pretty fast, low fees and if you decide to adopt segwit wallet and make use of segwit addresses, it even gets better, but of course, a lot of you complain, talk about some altcoins that does not even stand a chance and end up seeing the wrong picture. |
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I need some help.
I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.
Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?
No one control bitcoin price because who can do that? Government doesn't have any rules to control bitcoin, accept yes manipulation no. Whales need big money to control, even they are billionaire the money will not enough. Big whales only people with speculation, most of them replace their money follow news. No news no profit for them. Nothing to worry who control bitcoin price, just start your bitcoin trading and good luck with you. Whales are usually in groups anyway and I would not consider saying they do not have the money to control. I may be wrong, but most times, they know how to play with the chat emotions and where they get their money from is by trying to get some FOMO action into the market with the help of media, and trying to play with the chats. However, anyone who can understand the market generally should be able to thread carefully and utilize this to their own advantage. We still have a lot of unprofessional traders in the crypto market, so I am not surprised. |
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