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281  Economy / Trading Discussion / Re: Do you follow trading advice from crypto influencers? on: June 08, 2018, 10:31:17 AM

I follow the crypto influencers , collecting information from them, some insights , learning from them but not following
their trading advises. Trying to have my own view, strategy and trading technique and do not following anybody.
Only dead fish go with the flow. I have to admit that they are doing a good job ( the rare good ones ) and helping us
to make better decisions.
Of course! The trading influencers or any other person on the face of earth is not going to take responsibility for the mistakes you make in the field of trading. Everyone is here to give you just few pieces of advices, rest is up to you. As you said, if you bear a financial loss, no one is going to share their profit with you. So in short, you should listen to everyone but do what you think is right for you.
282  Economy / Marketplace / Re: how to turn your blockchain balance into real money? on: June 08, 2018, 09:59:48 AM
If you want your bitcoin to cashout means, through online itself you can done. There are so many local exchanges are available to change bitcoin to local fiat. So choose the best exchange and change the bitcoin to your local currency and transfer the money to your local bank account. For this process you have to pay some transaction fees. You have to check which exchange gives low transaction fees then you select that particular exchange.

Yes there are many ways to convert you are crypto currencies are bitcoin to Nirmal currencies and and one of the way is exchanges this will help you to change bitcoin S real money have your own country many of the people in this field using exchanges to exchange their two currencies to their normal one country currency.
It is easy, you will have to contact your available exchanger and they will convert your bitcoin into your local currency which you will get in your bank account. There is one problem; if bitcoin is banned in your country then you cannot easily convert your money in your local currency because of the ban. Still it is possible but you will face some hurdles.
283  Economy / Marketplace / Re: Digital Currency Take Over on: June 08, 2018, 09:27:14 AM
i think cryptocurrency will not take over the market, because in some country, they banned cryptocurrency...
I am pretty sure that cryptocurrency just altenative way to us to do some transaction, money will last forever, i guess....
Not everybody in the whole world know about crypto and not everybody had tools they need to do so...
You are right that some countries have banned crypto in the respective countries and my country is one of them. But I am sure this ban is for the time being and these countries are studying blockchain technology and when they realize the importance of blockchain and crypto they will allow their people to invest and trade in crypto but till then we will have to wait.
284  Economy / Speculation / Re: bitcoin $50K by 2018, $100K by 2019 on: June 07, 2018, 12:14:41 PM
Brothers, the correction is now finished at $7K.
The bear was trying to push bitcoin below $7.5K but they couldn't. Whole market is green today.
Institutions are pouring into the market with their money.

Next leg is $8K
it will only go up from here.


FOMO when it hits the bottom --- which is NOW.

In two months' time, we will never see bitcoin trading below $10K again

Now is the chance to buy

So HODL and FOMO buy more now!!!
And $1M by 2020. Cheesy

The price was too unpredictable now a days so these kind of prediction looks impossible for me.I will be happy even if the bitcoin reaches $25K at the end of this year.But the market looks green and red on the same day so which means still we are at the crazy run.
These are all unnatural predictions, but good for bitcoin because there are some people who gave false statements and want to devalue bitcoin in the market. You are doing good job and to follow you many people will invest in bitcoin no matter what the price will be in the future. To increase the volume of investment such predictions are good. Although the prices are too high but still I appreciate you for your predictions.
285  Economy / Speculation / Re: be careful what you wish for on: June 07, 2018, 11:43:06 AM
Why does it look like most people wish for Bitcoin to crash?  Huh Huh Huh Huh Huh Huh Huh
Those people came late to buy bitcoin and now they wish that this will crash to bottom something like $5000 and then they will buy to fill-in their bags. Then, second wish is to have the price recovers as more buyers will ride on the situation. This scenario is repeated as crash is always happen after a good rally.
I think if it was just a hope it would not have too much effect on the price. I'm sure many people right now hope that they want prices to rise quickly. but until now it does not happen? hope will not happen if there is no mass action. so do not be too negative-minded in the hope some people who want to see bitcoin prices weaken
I don’t know the reason but I think that those people want to hold maximum quantity of bitcoin and to devalue bitcoin they give such nonsense statements that bitcoin will crash in the future. Almost 10 years to bitcoin now and more and more people are investing in it, how is it possible that it will crash. Blockchain technology in developing and will prevail in the world soon.
286  Economy / Economics / Re: What happnes to BTC,if the oil price goes up? on: June 07, 2018, 11:10:49 AM
Given the statistical data for the last few years, I can say that bitcoin and oil are directly proportional to each other. In 2017 fluctuations in the bitcoin rate were parallel to fluctuations in the cost of oil on the world market. But we can not talk about the direct impact of oil price jumps on the bitcoin rate. None of the products traded on the world market directly affects the price of bitcoin. The cost of bitcoin and oil is correlated as in these industries approximately the same investors.
I read something like this some few days back and there was actually some proof that the guy gave based on the charts. Honestly, I am not sure if this was just a coincidence since I have been trying to see how this two correlates, but such a coincidence was too much.

Let's see how this year is going to be like but I still stick with my theory that they have no correlation and if anything happens at all, it would just be a mere coincidence. After all, oil price have been rising for a while now with bitcoin reducing.
I don’t so because the price of bitcoin also depends upon the investment ratio of the people and is not only proportional to oil price. Oil is the demand of almost everyone in this world because it is no alternate, while bitcoin is a coin business and for investment your money you can chose any sector bitcoin is not necessary. In my opinion both have different directions and there is no link between these two.
287  Economy / Economics / Re: I almost lost my rock solid regular job because of crypto on: June 07, 2018, 10:35:30 AM
Just consider crypto as a side job or investment except your current crypto activity able make you earn more than your current job ( it's ok to resign, IMO)

Human is greedy creature and it's reasonable if they want to seek more income in many ways !
Yeah, don't give up your job if your profit in cryptocurrency is enough to cover all your expenses.
I will not advice to do full time job in cryptos if you are not that experienced traders, investors or bounty hunters because its risky to sacrifice your daily needs just for the profit which is not guaranteed.

In life you must make decisions as much possible a good one  for you not to regret in the end, If you a regular job and you also join the bitcoin then you must weigh them , where can you benefits most in your regular job earnings or your income in bitcoin, if you will feel that nitcoin investment has the most profitable income than your work or stable job, then you might as well , leave your ccurrent job , and focus on bitcoin works.
I think it is not sensible decision to quit your permanent job due to engaging in cryptocurrency world. Crypto should be as part time because there are no time limitations and you can do your trading anytime in 24 hours. So there is no need to leave permanent job for crypto. If you realize that crypto is giving you more than job then there is no problem to leave the job.
288  Economy / Economics / Re: World economy, what do you think? on: June 07, 2018, 10:06:54 AM
gainvilleThe group that influences the global economy the most would probably be the U.S. Government Because the U.S. economy is so massive, and because of the role the U.S. military plays in global affairs, if the U.S. does well, the world does well, and vice versa. For example, current international trade would not be possible without the U.S. Navy, which protects waterways from things like piracy and keeps trade flowing. Other large economies also have a significant impact on the global economy.
Yes that is right that a good relationship is important so that you may have good economic exchange with other nations, but it also require some other important factors which can also influence your economic status, for example that you may have good and easy access to international market for exchanging your good and to buy the stuff easily which you needed in your country.
289  Economy / Trading Discussion / Re: Bitcoin Happy New Year $22000? on: June 06, 2018, 11:37:00 AM
I think we can see the reflection of your speech this year, and I am very optimistic about this. Because the price of two can be reached at this position, there is nothing impossible. You see, ETH is now around 600 $. And Bitcoin is above $ 7,500, its price may be slightly lower than its position, but soon it will be worth the price.
For long term investment, BTC is my top choice because it is very potential. The amount of BTC remaining on the market is very little so I think that the BTC price increase is only a matter of time. You can buy into BTC today and keep it until the end of the year, I think you will not have to regret it.
I don’t think so there is anyone who would not like to invest into bitcoin for long term investment. Everyone is aware of this fact that only bitcoin is capable of generating huge money after staying in wallets for few months. Altcoins can never give you profit in thousand dollars. They produce in order of hundreds of dollars. All big investors are the players of bitcoin market for increasing their wealth in short time.
290  Economy / Economics / Re: Will Bitcoin become a long-term trusted store of value? on: June 06, 2018, 10:57:08 AM
The bitcoin is getting to the point of highly trusted crypto currency since more and more people get interested in that. This process also positively affects the economy of countries and the financial state of the population in general.
Yeah, No doubt it is the highly trusted crypto currency because of its fame that is increasing day by day. Also, some of the most developed countries in the world which are touching stars in the race of development have also shown a keen interest and attraction towards bitcoins which clearly gives the surety of its existence for the upcoming whole life of this world.
291  Economy / Trading Discussion / Re: Trading vs. Buy and Hold on: June 06, 2018, 10:26:02 AM
Buying and holding strategy is not complicated, it is exactly what it looks like. You are just buying and maintaining an investment, regardless of whether the market is rising or falling. Using this strategy, mentality is not receptive to everything that the market speaks. So attraction to buying and loyalty is simple.

Yeah this isn’t that much complex which we have just considered at our own. This is simple but just need the matter of choice and strength to give it in its own way for the user. If you are happy with holding, just hold and make good money. If you think you should earn money from them, buy more. Don’t just listen to fake news and observe every single move of the market.
292  Economy / Trading Discussion / Re: what do you think about pump and dump? on: June 06, 2018, 09:55:09 AM
Pump and dump so quick cause many a losing game because this is a whale they utilize this moment to get cheaper and sell more expensive.
I always say that if you are unable to understand the market, it is best to stay calm and stop going through market graphs on daily basis. At the moment, market is fluctuating badly and the remedy I have chosen for dealing with this malady is to stay away from market. Daily analysis was putting me in stress and stress leads to stupid decisions as always. I don’t want to do panic selling at any cost.
293  Economy / Trading Discussion / Re: How do whales mainpulate the market? on: June 06, 2018, 09:23:57 AM
A group of whale inject and withdraw investment massively which effect the market and most people get panic if market suddenly falls,this is the situation to hold with patience and never panic sell.Actually no one know the next step of whale but past history and events help to save money.
Yeah maybe it's done by them, whales usually have a very large amount of bitcoin, if they sell most of their coins of course it will affect the market, so in general they can manipulate with the amount of coins they have, especially if the news support it, of course price manipulation will be successful
Market is depending more upon the major factors and with the passage of time these factors change on different levels. The market demand and supply is the major rules for any product’s price or for the price of coins in case of crypto market. When more number of people is entering into the market with huge investments then the market starts improvement and goes high in value.
294  Economy / Economics / Re: Good news or bad news... on: June 04, 2018, 08:16:10 PM
I think if a government starts making rules about digital currency it could be good news. We should not see that when digital currency is set by a state government it will be a bad news. Imagine if the government has started to regulate the digital currency, meaning the government believes and believes in the digital currency.
It will take lot of time for the government to think over it as the government is not that much satisfied with the crypto currencies because of their decentralized nature and that things will get better once the government will realize the importance of the crypto currencies in making their economy stronger. Good days are yet to come and that we need not to lose hope no matter how difficult the things are.
295  Economy / Economics / Re: Factors that affects the value of bitcoin... on: June 04, 2018, 07:48:59 PM
Bitcoin whales have much influence on BTC price. For example every time someone moves Mt Gox's funds, we see huge cryptocurrency sell off and price drops. Bitcoin still need mass adoption for price stabilization and volatility mitigation.
When it comes to that of the market value of the crypto coin like that of the bitcoin which is the top-rated coin in the entire world, then there comes so many factors which affect the market value of the bitcoin like that of the demand of the bitcoin in the international market, the influence of the ones who have invested a major portion of their earnings into it and above all the awareness rate of the bitcoin.
296  Economy / Economics / Re: The Future of Cryptocurrency on: June 02, 2018, 08:21:58 AM
Cryptocurrency has a greater future
Such a short and authentic answer this is. Really, this crypto have a great future ahead. This is all about blocks of a chain and we need to tie them. Like, we all know the future is all about technology and digitalization and crypto are other form of technology as well. So these both are resonating with each other and they would be a compound that would be making amazing impact to the humanity.
297  Economy / Trading Discussion / Re: Suggestion for trading on: June 02, 2018, 07:47:42 AM
Being confident with the token/coin that you are holding is very important to lessen such risk, if you are well aware of that project then you won't get any panic each time certain downfall happen with what you have, each fluctuations bring certain reactions if you are a believers you will be able to hold and be patient enough to wait till you reached the peak that you desired with your investment.
I really want to believe that being confident can only be applicable when you have great trading knowledge and some experience over time. What you are doing is to trade the market fluctuations and you do not want to be in a particular market at the wrong time, no matter how much confident you think you are on the token you are holding. That can only help you in not bag holding a shit coin but not when making trade decisions.
298  Economy / Trading Discussion / Re: day trading for quick profit on: June 01, 2018, 09:17:02 AM
Day trading is the fastest form of investment that can bring profits to investors but it also implies a lot of risk. In order to succeed with trading day you need to analyze good candlestick chart technique, follow the market trend, always set profit target and stop loss correctly. These are the things you need to accomplish in order to achieve a good profit during the day.
I agree with you mate! Day trading is profitable but very risky as you have to battle with the market every day but if you are ready with all your weapons then you can win. It has higher risk with high rewards compared to investing since you can have profits even if we are in the bear market and more in the bull market. Day trading takes a lot of time and needs someone to monitor the charts almost all the time to catch the profitable trades and enter the market at the right time. I like day trading more than long term because I like to get acquainted with the market and possibly understand and recognize how the traders react.

Yes, it is very easy to earn if you invest more than 1K USD! If you start to trade with 1K USD then you can easily earn more than 50$ in a day. But sometimes you can lose heavily too. Because you know well, every time we can't make profits from trade and it is a simple matter in daily trade. If you really a daily trader then you must follow market cap every day, how market cap charts are going on. Good Luck
I don't think it would be that easy to earn $50 in a day with a $1K capital unless you are already a pro trader but if you are just starting to trade then there is a higher tendency for someone to FOMO and then sell at a loss. You need to follow what is happening in the market every day since you treat it as your job and it takes a lot of commitment to do that.
Day trading and night trading both are equally good and the market is not a shop that opens at day time and closes at night time but is a 24 hours service from which traders are getting benefit and can get benefit anytime from anywhere. All you need is to work accordingly and should not disobey the market major factors that will make you safe from loss and will make you able to earn.
299  Economy / Trading Discussion / Re: Does holding long term can be worthy despite of unpredictable market? on: June 01, 2018, 08:22:05 AM
I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

In general, people invest into cryptocurrencies (bitcoin to be specific) in order to yield short-term income. Due to its high volatility and decentralized nature, the price may vary every single day due to the lack of any government organization/department which provides regulation and security, sacrificing its price. If you aim to invest into long-term, it is preferred if you diversify your investments by utilizing different investment mechanisms (such as stocks, real estate, bills, bank notes, etc.) so you could lower the risks of losing your investment in a snap.

The faith of cryptocurrencies are unknown as bitcoin has been in the market for nearly less than 10 years compared to the other instruments that I mentioned above. But its revolutionary platform (which is the blockchain technology) may be developed further in the future and we may see bitcoin as a gateway towards an ideal system of wireless transaction.

In other words, do not just invest into bitcoin alone as you may also want to invest into different methods as well.
We don’t need any government for stability of bitcoin because what is giving it edge over others is its volatile nature. People support it for they can easily make money out of it. Stable currencies are not providing with that much profit to the holders, not even banks. Bitcoin is itself a great mode of making money in long term investment. For short term, we have altcoins in the market and people use them for trading.
300  Economy / Economics / Re: bitcoin vs world economy on: May 31, 2018, 07:04:32 AM
Hi everyone
I'm pretty new to all of this and thinking about buying some bitcoin.
I have some concerns about the world economy influence on bitcoin.
For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?
do you think Bitcoin is strong enough at this point to be self-sustaining?
thanks for the help
I wonder why many people still think that Bitcoin is influenced by the world economy...from the beginning there Bitcoin is stand-alone, by simply relying on the community, Bitcoin succeeded in becoming big as it is today.
so, rising and falling its Bitcoin price is very reasonable, it denotes there are a buying and selling activity of Bitcoin...
The Bitcoin helps in making the people financially strong and can help any government in the betterment of economy of the country and is independent of country as any country can use Bitcoin if adopts. This adoption of Bitcoin helps a country not to waste the budget on the manufacturing of paper notes and will make a country able to save huge amount, this is the start of Bitcoin that helps a country to save money and the future investments will benefit too.
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