Following
This is really a monumental answer for this question. Such a simple one line answer have all answers hidden in it. Following is definite the best strategy or you can say an action that you have to adopt strictly for better results at the end of the day in day trading. It is little tiresome and bore but there are many people who are earning 0.01 BTC daily just by day trading. |
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If you are into bitcoins you can never be scammed as long as you won't allow it.And some people are using bitcoin to scam other people.It is not bitcoin that is a scam it is the people behind it and using it to fool people.
There are number of people who are talking about this thing that bitcoin is being used in different kind of illegal activities and that bitcoin is not doing any good for the society. The fact is bitcoin itself is really a wonderful thing. It all depends on the persons who are having bitcoins in their wallets like how they are actually using their bitcoins. Bitcoin itself has nothing bad in it. |
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I think there is no such thing that fiat currency could possibly crashed.Maybe if the economy of the country will fall there is a possibility that fiat currency will crashed.
Agreed! There is no point of denying this fact that paper money has its very own importance and still there is a huge number of people who are using paper money and are even unaware of what crypto currency actually is. I am in very much favor of this thing that paper money will remain at its very own place no matter what the conditions and circumstances will. Crypto currency will not have this much effect on paper money. |
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Username: henmark
Post count: 174
Rank: Full Member
BTC address: 133ZyX1haib4QEa3ZeUKbregEeWvCfjsKH
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Hello Friends...
I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.
Please provide Do's and Don'ts during the trading.
Same as how stocks from big companies on stock market. You need to buy when the price is low and sell once it goes high, but unlike those stocks you will be likely trading bitcoins to other alt coins and rarely to a fiat currency. Just make sure to choose a good alt coin, a more reputable one has a higher chance to get a higher value. Lol don’t go for altcoin they are down to earth go for the best coin at the time this will give you an initial profit for best startup and those who are successful in trading are recommending bitcoin because this coin has capability to give profit at any time so go for it mate and most important do homework before getting into crypto this will give you a lot of help in doing trading and wish u a happy wealthy future ahead. |
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of course not! cash is different to crypto there is a big big difference about it you know. cash is used by the people in their everyday life, it can't be extinct there are also many people will be rally about that and make complain about the cash system that you are saying, it is impossible to extinct cash.
As day by day bitcoin popularity is increasing the chances are bright that cash will be extent and world will switch to the crypto soon because there is a lot of eases in using bitcoin firstly it can be investment and it generate huge money through itself and secondly it can be used globally it is not confined to any region and it is most secure form of money nobody can rob it and all this here so why we need cash. |
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Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
I think you learn the trading very late. Since the principal of trading is Brought the bitcoin when the price of bitcoin is low and sell when the price is high. Do sell in panic and all.Just wait till the price of bitcoin reaches the high value. Just avoid of panic selling to rich in short time. It takes time for us to learn the true essence of trading, specially on holding and have the guts and to be patient enough to wait. Because we all know that bitcoin price tend to change its price in related to stock movement and the trend of the bitcoin in the current price. If more people will support bitcoin using it on a daily transaction we could assure its price change or increase for us to be patient enough to wait and to have a bigger profit and more in the future. Yes it is true that there are real success lies in a simple key that is patience. Trading does require person to have better analysis of the situations and decide when and when not to sell and buy the coins. If we consider the current situation around the globe then it is quite obvious fact that the number of the uses of these digital currencies is increasing day by day and hence the value has risen to a preferable level. Obviously it is going to pay us all off well in the end. |
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Absolutely Bitcoin can end world poverty and that is the goal of it. It is going to decentralize every centralized system, and that is what the world economy is today, and allow everyone a fair chance at bring value to the economy that can't get changed.
If we have a look on the present situation of Bitcoin users then it is not wrong to declare use of cryptocurrencies to be one of the vital reasons behind improvement of financial situation of the world as a whole. Bitcoins being a decentralized economy to not belong to a single nation and therefore it could be used as a way to eradicate poverty at greater level. The use of digital currencies has provided an alternative for the jobs and hence the people are earning their livelihood in a more professional and easy manner. |
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No. But I had a different problem. I lost much of my gambling time due to too much work.  I would like to bet more on the in-play. But for that, I need to be online constantly. If I work too much, unfortunately, I lose my precious gambling time. This means you have issues and should work to fix it as soon as possible. Thinking that your work is wasting your time and you need to spend more time on gambling means you are addicting to gambling and can't spend a moment without thinking about gambling. You can save yourself and it's not too late. Really big issues indeed and it really surprises me how people don’t tend to realize that by themselves. Is it that they just decided to close blind eye to it even after knowing or there is just something about gambling that does not make you realize if you are really loosing it. And like you said, obviously, this guy has not seen the bad side of gambling yet or is addiction is just out of the world. No, I think some of them have already seen the bad picture of gambling still their addiction to gambling make them slaves. They can’t trust anybody else. Even when you are well-wisher for them, still they want to be in gambling for long time until they are fully empty from all the valuable saved with them once. May all these get their sleep end and can see the real story. |
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Don't panic, when price is falling. Bitcoin fluctuates a lot. I think when you start trading you should use stop-loss and take-profit.
That is for sure thing. Bitcoin have been fluctuating from the very first day and till now you can see the big and continuous fluctuation. This is the beauty of bitcoin and believe me if this fluctuation ends and bitcoins will be stable, there will no sure fame and profits in bitcoin. So don’t get worried about it and never comes to the game of being panic. It will eat up all your profits. |
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How to make money only with bitcoin is very difficult, you must have the skills if you want to do it. But you can try to earn tokens from bounty campaigns in this forum, that way you can earn money from bitcoin but it takes a long time. You can start investing if you have a lot of money.
Actually it is not that difficult since every coin right now is really worth because of higher price, any lower amount will sound good for me. But we can slowly get it somehow from trading or may be other investment and of course not from gambling unless you got enough bankroll to start it. If you depends on what we said luck, better try not to do it because it is hard to exist Even you are starting bankroll or anything like it, gambling is never a source of money. You can’t just expect it to be money franchise for you. That is only harmful in all regards. And as far as bitcoin is concerned, you are not making anything up in the mind based on imagination. Although bitcoin is going superb but you have to observe the market and plan accordingly. |
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I have the feeling that with latest price correction before Bitcoin gold fork we haven't seen so much panic selling. I still think that panic selling and inability to control the emotions is predominantly characteristics of new users with lack of experiences but maybe with time we will see some improvement in that area.
Massive panic selling can influence the price if it ruins the balance between demand and supply but that will only happen in extreme cases.
Yes that is the only reason you just mentioned here. There are so many newcomers are just getting into this world so quickly that they even don’t know much the outside effects of bitcoin’s trading. For this, they end up just being effected so badly that they are called panic sellers. And you are right here too, that experience will make them better in this regard. And it takes time. |
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Bitcoin doesn't reduce unemployment but bitcoin reduce the poor people. Bitcoin help people out from the current econony system that use fiat as currency, this is bad. Why? Because the inflations is like country government takes the value of our money without our permission.
Yes that you can say that. Actually poverty will not be going to end in any way. Either bitcoin develops in everything, or government starts taking steps about it. Still you can’t just end up poverty. But yes, there are so many people who have developed their financial status just because of this. So yes, bitcoin have played an important rule for eradicating poverty so far. |
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There are several rules of thumb that are widely said, but unfortunately we don´t always follow. One of them is we should reinvest part of the earning. It´s also a mistake to reinvest 100%. Another point to be taken is that the market is hard to beat. So we are daytrading like hell, loosing sleep hours, and when the maths is done, we may have been winning, but not as much as we would for just holding. Because in these markets BTC is skyrockting so sometimes is very difficult to overcame that growth and beat it.
I have problem with greedy. The good rule is not reinvest 100% of profit but i am always fall in the same hole many time. Now i am trying to skip greedy. There are so many things which you come to know and learn with the passage of time. In fact things come with experience. There is a famous quotation “Greed is curse”. So if you want to achieve something good, then you have to be realistic and do not think for something which is not possible to achieve. You just need to make sure that you are taking a right step according to your knowledge. |
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I agree with you, panic always lead to wrong decision. Keep calm. After that, Look back your coin, if it's a good coin, you should hold or even buy more coins with low price and wait for recovery. You will get a big profit. But if your coin is not good or it has a bad new problem. You should sell immediately.  If you panic the best thing to do is to get up and get some fresh air do not take any impulsive decisions, you are only going to make a mistake, so you are going to make a bad situation even worst by making and additional mistake, besides most people panic when they see the price of bitcoin going down without understanding that most of the time the price goes back to normal after a few days. Yeah get some rest and get back later when you feel you are cool enough , That's true about don't make things worse when the situation has been ruined , people always forced themseleves , Push the limit principle isn't fit in this kind situation , You need to have an extra patient , that's actually the key of trading success . It may be difficult to maintain our cool when the price is going down but we must remember why we got into bitcoin in the first place, bitcoin is very volatile but we are here because bitcoin in the long run only does one thing and that is to go up, we must remember that, once you remember that the only correct thing to do when you make a bad trade in bitcoin is to hold and maintain your position. Controlling your nerves and that too at the time when the prices are falling down is quite a difficult thing and it is not humanly possible for all of us to remain cool and calm at such kind of situations. Getting panic is quite a normal thing and we all experience this thing most of the times. If you will go for selling your coins at that time, it will result in huge loss. You better hold your coins at that time. |
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Hello I would like to know the benefits of bitcoin by being deregulated.
If we look at the positive features of bitcoin, then we’ll get to know that there are so many benefits of investing in bitcoin and keeping them in your wallets. The best thing which I like about bitcoin is that it is independent in nature and there is no one who is controlling bitcoin either directly or indirectly. Other than this, it can help you earn as much amount of money as you want to earn. |
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Looks like someone is hinting to buy n stock bitcoins n get rich in the future  . Not deniable though, this figure isnt impossible to achieve. May be someday it will be the reality, in next 1-2 years may be. We never know what is going to happen in the coming days. It is because of the reason that anything can happen in future. In my opinion, the market price of bitcoin will for sure increase in the very similar fashion as it is increasing at the very present moment. You cannot say anything that it will reach up to this much of value but even then you can expect for a very bright future. |
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For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.
Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.
It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.
You can conclude that the bitcoin is taking over with the world currency but still you should consider the fact that it is not yet legalized all over the world. The value of bitcoin is getting higher and higher each day and there are no doubts that it will rule over in the future. There are still factors that may kill or end bitcoin even though it's firm enough because things and tragedy may happen anytime in the future. You can actually consider it already as the global currency but in a way that it's not yet legal. I feel that up to the time that all the people do not accept bitcoin as a legal and regular currency, it is impossible for bitcoin to overcome all the other currencies of the world. With the value of bitcoin I agree with you that is rising every day, and by the day bitcoin is the most expensive currency of the world, but price is not the guarantee of mainstream. For usability all over the world it should be in the wallets of everyone. |
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Where does everyone think bitcoin will be by the end of 2018?
I'm interested to see where everyone thinks bitcoin is headed, like value wise and how people would have adapted to it.
I think Bitcoin has already reached the predicted value of the year which was $6000 and the next year value would be high. I think bitcoin will reach the grand value of $10000 till the end of 2018 and who can say it will increase more. It is fixed that if you invest in bitcoins now you will get high returns later and there in no doubt in this. My predicted price is $10000 in the next year and it will happen. |
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So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
I think it has the potential to rise until 2020 as many people have already predicted that bitcoin will grow tremendously. Bitcoin is growing very fast in today's world and many people are getting attracted to it. Most of the big business mans and also some international company’s like amazon, google etc. have been taking interest in bitcoin. Bill gates also stated that bitcoin is a growing global currency and people should interest in it. SO most of the people predicted this and also looking at bitcoins progress i think bitcoin will touch this value in coming years. |
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