I deal with it like I deal with a win. It is all part of trading.
If you feel bad this isn't for you.
Losses are inevitable. You can never always have a win except you can see the future. Trading is a game of prediction coupled with skills and knowledge to make the right prediction. However, this does not give you guarantee you will never lose but a guarantee that they will be limited. |
|
|
|
I am also new. But i know that if you want to start trading. So first go to a trading site and register here. Then try to know their coin market system. Then some days observe their system. Then start trading.
Trust me! You don't want to do all that by yourself. It is a longer process, you may end up failing so many times and having to learn from your failure. If you really want to trade, go through this thread and see some links of resources some people must have dropped and use it to learn. There are so many of it and it can help you get started quickly with good strategies and little risk of losing your cash at all. Well, just and advise and you can decide to take it or leave it. |
|
|
|
To my opinion governments are not the worst enemies of Bitcoin. Many of them are willing to accept the blockchain technology, which is of course not the same, but some governments together with central banks are also testing the use and possibilities of Bitcoin. In some due time I think many governments will regulate the Bitcoin and thus also recgonize it. And we don't have to be afraid of that.
Yes. So far so good, governments are looking at the blockchain technology in general and the opportunity it can bring to the system. They have been able to note the gains it will bring for them and possibly how well it can have an impact in the economy. In so many countries, the governments through the CBN are already trying to create awareness. Gone are those days that any government will be classifying bitcoin as a ponzi scheme and any country's government that says that today will obviously be a global laughing stock. |
|
|
|
Wow, i thought that having a living in United States was cheap, i was wrong. A lot of my friends that are living in USA told me that they were earning a lot of money, and that everybody could easily live in there and afford spending some money everyday. But i see that there is still necessity in all the countries, but i didnt imagine that it happened on usa.
If your friends told you that mate! They apparently do not like you and wants you to come and suffer with them. If you are earning perfectly well in your country, I see no reason why you should migrate to the U.S. It is like thug of war and if you do not have a green card, you will work your butts off just to earn peanuts. Most times, some people get lucky to get a transfer or probably their skill was hugely needed which is quite rare, except that, you will suffer through your teeth to survive. I did not even mention the kind of work you will do to earn such peanuts. |
|
|
|
because certain countries do not allow the exchange of currencies that are not on the ground of certain laws for the avoidance of money laundering and other things that violate the law
Yes, bitcoin often lead to money laundering and recently we saw a incident in Russia for getting arrested due to money laundering via bitcoins. Bitcoins are now being used in many illegal ways including buying or selling drugs, money laundering, etc. It might be the reason why bitcoins are not yet legalized globally and are not used in all countries. If bitcoins are made legal then the price for bitcoin will surely grow much. Bitcoin was introduced as a anonymous currency and it cant be tracked by any government. If this problem is solved then for sure bitcoins will be legalized globally. |
|
|
|
|
Btctalk name : justdimin
Rank : Hero Member
Current post count : 1223
BTC Address : 1M2EWnkjgvvJe5TrFzNHXfubGcuNifeQTy
Wear appropriate signature : Yes
|
|
|
|
wait for big drop and then buy it.
I am applying same strategy on bitcoins and earning even beyond my calculations. The dumping phases are golden opportunities for those who really want to be millionaires with digital coins for buying their favorite ones. Try not to panic when prices are falling rather garb more coins at cheap rates. |
|
|
|
My prediction maybe was little rush, cuz i forgot to mentioned that when weekend start we have little drop on price, for some perfect opportunity to buy and sell on next week starts. Some do this and create good income. This is just the beginning for next price increase, someone did mentioned even over 10k, but whit this paste we could actually see this price by this year end.
By the end of this year, we are going to see bitcoins at 5k dollars or more or less. They are definitely increasing in price at very high rate but still they can’t make to 10k dollars before 2018 beginning. My prediction is that by the end of 2018, they will be touching 10k dollars easily. Good luck, all. I am not so sure about that, a new fork is coming in November and that is too close to the end of the year and I think that fork has the strength to damage bitcoin a lot more than the bitcoin cash fork, so I will not be surprised that after that fork we saw a crash on bitcoin and that those prices lasted for a lot longer than we may have thought at first. Don’t be pessimistic. Nothing such is going to happen to bitcoins rather this fork will further push the value of bitcoins in the green part of graph. There is no need to stay worry about the fork, this fork is going to help bitcoins in achieving 5k dollars before the start of 2018. I don’t think anything bad is waiting for bitcoins. |
|
|
|
The Chinese government banned ICOs. Naturally as a result, alt coins started dropping. People are fearful they won't be able to get their money out with the government cracking down.
For the next couple of days I think it will blow over and go back up, but only time will tell.
I agree with you that if one industrialized / developed country have fallen the ICO everything will in account will also fall. But it does not mean that bitcoin is fail and will be stable as falling down in a London Bridge, I know maybe time will only tell when will bitcoin will rise and gets stable and up again. Mate really, I am now very much done with this thing. Bitcoins prices have nothing to do with the banning of ICOs by Tthe Chinese government so there is no need to create a fuss out of this because it is spreading fear in people. 80 percent of bitcoins trading is held in China. China supports not only bitcoins but the other crypto currencies also. The downfall in price is not a consequence of that political move. It was happening even before this news. |
|
|
|
Money matters. Everyone nowadays is in a urge of earning it just lead a decent life. Yes it can be kept above as it is necessary sustain all the basic needs.
Yeah. Even if we say it's not everything you need in life, money still is an important aspect in anyone's life. You can't really do much now if you don't have money so even though it's not above all, it still ranks high up on the essentialnfor living list We can't even take a relax breath without money. Capitalist system shaped the world in a way where all of us are dependent on money or gold. Without them, they don't even burry us when we die. You are absolutely right. Money has been made the most important thing for people in the present world. They are tamed in a way that for them money is often more important than oxygen to live a peaceful life. Moreover we should know that money is just a need, not essential to stay alive or happy. |
|
|
|
What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained. Say 500% or more even?
In past this percentage was too low as many people sell their bitcoin savings as soon as the price goes high, but with the passage of time people began to realize that holding is more beneficial than to sell. To be honest no one knows the exact percentage of the people who can resist selling their BTC on huge profit but i am sure that the percentage is increased a lot (may be about 500% but not sure) during the past couple of years. It's been proven as time passed by, is value can really increase. For those who are really into saving then we can really resist cashing out. But if were into spending when it's value increases we are tempted to spend it. Yeah. It very much depends on the nature of the investor. If he is kind of person who wastes money a lot then he can of course not resist cashing out bitcoins when they show some good pumps but wise man is never ever going to withdraw maximum bitcoins on little pumps. He is going to wait until bitcoins touch his target. |
|
|
|
I think bitcoin would help the community by giving them a chance to earn money for those who don't have a job o regular job. So in this case bitcoin will lessen the people who are jobless.
Bitcoins are already helping people this way. Many people have started earning their livelihoods just because of bitcoins. Those people who were hopeless about jobs even after graduating, bitcoins are big relief for them. They are able to support their families now and are also living a life of peace and dignity. |
|
|
|
aside from bitcoin, i've heard about web development and data entry encoding but i just don't know how it works.
There are various ways you can earn Bitcoin online and I believe working on jobs like software developing, web developing and writing will offer you much. There are also signature campaign, trading and investment. But I wouldn’t prefer those to jobs, cause getting an actual Bitcoin job is the best. |
|
|
|
if you are openminded and ability to sales talking. well that is the best way to promote products or links. simply join in many group in social media and forum. and when people as it then you should salestalk him. businessminded and salestalking is the key to promote.
Some people thinks promoting products and links on bitcointalk forum is the best, but I don’t think so. There are ordinary forums you can go and do that, but I don’t mean you won’t succeed in promoting your links on bitcointalk; when posting, try to post at the right section. Another place you can promote products and links is through social medias, especially facebook. Posting on instagram, twitter and others similar won’t be a good option. Facebook is easy to access and there are lots of groups where you can find with same purpose. Much clear answer from you dude. If the product or service which is related bitcoin or altcoin based this forum is the best option to share and creating ad campaign to promote it to the right person. Social network sites are best to invented for the people who introduced it for texting and meeting the people but now to upgraded using for promote the products and services mainly in the real world out of crypto. If you promote business or links, just make a short film that describe and give information to the people regarding your products or link. Therefore just create advertisement sites or used social media to easily send an information to the target clients. I think Facebook is your best bet, because there are lots of groups with the same mindset as yours. If you join them, you can post your promotion links and a lot more. Instagram and Twitter is another powerhouse, but you will have to pay for lots of people to see your tweets and posts (well they’re all the same). Other social medias can’t help you to connect much to the world. YouTube seems to be another good option, but it depends on how many followers you have. |
|
|
|
I will not quit, not until i earn much from trading. I should try more to get what i want. I should try other strategies to improve my techniques. If others can do it, maybe i can do it also. I just need more time and money.
You might have lost a lot before you learn how to trade. Yes! that’s what exactly happened to him. Probably he started trading without any preparation or home work. Trading is not fun at all; you need to work hard in order to understand the basic principles of trading. There is no need to quit trading at all, just increase your knowledge about trading and then give it a try. Trading and enjoy the result from your analysic everyday, this is fun in this field. Why I tell that? Simple if you can predict exact the trend of an altcoin on market, do you think when you eared profit from it you feel sad or happy? That is my answer! The best thing about trading is no doubt the way it keeps a person curious about the next price, thinking about the pump and dump, for how long any phase will remain and then making your decision accordingly. If you have good analytical skills, the feeling that you get when your results prove to be correct is just out of this world. |
|
|
|
The current trading strategy that I recommend trying to do right now is the buy and hold strategy, this strategy is mostly used in stocks. We buy and hold a stock until the prices went up then we sell that stock at a higher price, it takes a lot of time and patience to accomplish this long waiting game of buy and hold but the good thing about this is it guarantees you that you have a good amount of stocks at hand to be traded once it hit the price you want.
I think it is better strategy if you are supposed to get huge extra bucks but it takes time and patience too. You are absolutely right that it is alike to stocks. Get some bitcoins; hold them for a long time, as the markets are going up and up, wait for a good time. Sell it and get and amazing profit. |
|
|
|
Bitcoin has always been rising a lot, that's nothing new
the trend will likely continue and within the next 10-20 years BTC or some other cryptocurrency might well established enough to be used at most locations/points in the world
don't worry that Bitcoin prices go up, you should be happy about it
It means more people invest in BTC which makes general adoption most likely
For the next two years at least, the prices will keep on rising until all the bitcoins are mined out. What will happen to the prices after that is unknown to me for certain ? However, I am happy for the present progress of bitcoins and so is everyone else. Bitcoins are going to rock the world in the coming years. |
|
|
|
Investing is risk but it gives you profit and if the price of Bitcoin is going up so you will get multiples profit.
Saving only make you safe but less profit then investing. Risk = Rich. I vote for investing.
Well, there isn't being held a comparison here. But if you ask me, then my vote is neither with saving nor with investing...  It is with earning, earning bitcoins without any investment and then saving them for future, waiting for the prices to rise regardless of the rate and downfalls... |
|
|
|
What I like best about bitcoin is how it is easy to get and use. You can enroll in a company, and the later pays you bitcoin. Added to that, it is a source of pocket money. You can even get rich by using bitcoin. Everyone can use it, the poor, the rich, and the middle. Moreover, people with all ages can also use it. That's what I like about it. It is really awesome, and I am happy to use it.
the best thing I like about bitcoin is that It is the great source of income and I don’t have to depend on the banks anymore to send or receive money it is very easy using bitcoin the fees is also very low the bitcoin transaction remain active 24/7 and it is an added advantage of the bitcoin so a lot of thing are there in the bitcoin that I like the most. Let just look a little deep into this because this topic is a crucial and lengthy one. Governments may not be able to control our economy as much as they had before but they can really affect our ways of earning bitcoins. Like China recently has given a demo if you know what I mean.. Looks like problems are everywhere... However, I think most of the governments will accept bitcoins and don't know what is coming in our way... |
|
|
|
|
Show Posts
