I think the most secure trading is to use some money from trading capital and use money that will not be in use for the near future,
for example I have $ 1000 and I need to use the money for my family's living needs, then I can use $ 250 for trading and the rest to survive, do you mean from this revelation?
this method is used so that you are not too depressed if the money you have stuck in the expensive price.
That's why they say invest the money which we can afford to loose in first place. I never trade mostly but whenever I go for trading then I will just put money which not required by me immediately and which I can keep stuck in the trade for long time. The crypto behaviour is ridiculous sometimes and can make your trade go worst. Better keep it simple and straightforward while investing. I have portfolio of coins but that's different than trading as what I do is hold for long and then sell at the higher prices. But in this method also I only use very little money to invest because I don't trust when they will come down or go up. Better keep it short if you don't know anything. |
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Ethereum is great platform for the purpose of publishing the ICO projects and that's being done since long time. Now new usage of Ethereum are being explored by its original founder which makes sense that it will rise smoothly. However, the fact of going down and then coming up can not be ignored because this is really normal stuff for any crypto currency. The corrections can happen all the time and we never know when they start checking for the resistance of any coin. But on the long terms Ethereum seems good project and I am also mining it so I have little more faith in this coin.
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Hi there,
There are a lot of ICO's on the market everyday. Which of the ICO's is/are the best for you at the moment?
Kind regards,
It all starts with with JNT token for myself. This project is doing its best to keep up the pace of development and make the prices for their token go higher and higher. This project is in its layer stages of ICO and you have option to buy it from the exchanger itself. So it's easy entry for you without any KYC stuff. Secondly I would suggest you to enter into SCL project. The best alt project related to decentralised social platform. The beta v2.0 launch is in process so it's better you go and enrol today as prices might just spike real soon. :-) |
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whether you have a backup plan if you are involved in trade issues, such as significant price reductions or down too far, and there are two options that exist in your view between holding or selling them, each having different risks, holding back and expecting prices to back to normal but I think it will take a long time or sell it and accept the loss and then buy it back with the sales you have generated.
maybe you some better advice you can give me.
i appreciate everyone's opinion.
There is no need of back up plan as long as you are holding it for long time and selling only when the prices are more than your buy price. It is obvious thing that if you want make good fortune and if you are planning to hold then you should really hold it until it gets spiked. There is no need to sell before you hit the exit point for your trade. If you think that your coin is ogling down in the prices then you should check twice what is going on with the project development. If there is unusual activity then you dont have to be panic about it. If you are having good time with the project then just make it happening trade ever.  |
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Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps. Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way  Matt Yes surely you will do that all over the time. Just keep in mind that crypto currency are real bad ass in terms of their volatility. This affects many things, faucet earnings, trading patterns, fees, regulations and much more. Yes that alone can do all these things and can kill the whole story. What I think about crypot is very simple, you dont do anything here with emotions, dont make any noise while doing the trades because you should do it very calmest possible. You are getting lot of other tips and advices up there but do remember all my points when you will follow their tips and advices. |
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You can join many platforms although you are from the Nigeria. There are top trading platforms like Bittrex, Binance, Poloniex and HitBtc. All of them supports the Internaional trade market and you can surf though it easily. You need to verify your KYC docs if you want bigger levels of withdraw and deposits. However that is not needed as the normal limit is already high enough to work with smoothly.
These platforms are having high daily volumes and coins listed on them are pretty much safe one. You can rely on them as they are old, working fine and there only few complaints about them on the forum itself which are also solved already. Google the names for site links.
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I don't believe it even if it was from CNBC or coin telegraph etc. The bitcoins fate is not so bad as they depict in the article. I mean come on why would banks even care about it in the future if they are not doing currently after so much struggles and developments from the bitcoin devs. Bitcoin will not end because its programers have made it with great thoughts and with great accuracy. It will evolve according to time and it will still be decentralised and will be working with the same principles as it was made in past. One more thing about it is, bitcoin might just work alongside the banks but will never be implemented into it for many ex reasons.
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We all know that there are a lot of bounty in the bounty section as we can see, but my question is how to choose good bounty campaign that we are able to earn money? Many people mention, that the only way to determine whether the bounty is profitable or not is by reading its white paper but may I ask to those expert here what is the other way to determine the profitable bounty?
You are really lazy when it comes to reading, aren't you. Lol. Well understanding the project by reading whitepaper is best thing ever and you can know many good things about it. You can later on catch the smelly fish if you have ready more than 50 whitepaper as it gives you experience which one is ponzi and which is legit. Anyway for you there is only one way I guess, and thats manager! It depends on the manager also because mostly your manger studies the project on their side to check its legality and then get the bounties listed. Now, if your manager is best bounty manager then obviously he will have best list of bounty program. Thats how you can work. Otherwise you have to go by reading the stuff! |
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Tax exemption declared by the government would be always amazing thing to hear in first place. I mean people can earn as much as they want online and then go on spending them online or offline as the payment made like that way wont be taxed. So things will look like very cheap for them. But this has to be perfect system as people might just buy crypto currencies and then buy big properties thereof. This could be alarming later on as the rule stays that transaction made as crypto currency wont be tracked for the taxes. This way people might just get government out of money and economic collapse might just happen. But they might have thought through this one already. Hopefully. Otherwise its perfect news.
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I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.
So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
Steady growth would be great but the way it is working right now seems to me very reasonable and I think steady growth would take all the fun out of it. So there is one strong reason for bitcoin to stay volatile and that is profit taking, lots of them when the bitcoin is fluctuating lot. If goes really steady then we may not be able to do the swing trades over BTC holdings. What we will have to do is wait for very long time to get our share of profits. That could take ages and thats why I like the volatility of bitcoin which at least gives us freedom to grab in between profits. |
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It is so sad that being so active this currency is not moving inch from its original price. This clearly states that hwo centralised system can get your asses abided to their rules and regulation. If so many rules and regulations are in place already then I am pretty sure they will have the upper hand while displaying the prices to us. They will never exceed the prices above certain limit because they know very well there will be mass dumping of their coin and thus they will have loss I'm future. It's just another greedy team behind their company and I don't like the blend of ripple being centralised and the decentralised blockchain.
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They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
That day would be really great if we started buying almost everything with the help of crypto currency or more often with bitcoin itself. Just imagine no need to worry about the expenses of daily lofe, just earn from the internet and then spend offline. Very easy life and easy beer on the rocks too ! I do imagine all this positively and would love to see it happen within next decade. I don't know what it will take for that to happen. May be rules and regulation might need to change. I think this will take time but we should be positive about it. Whether it stays asset, currency or store value but it should be implemented for sure. |
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Wish those 200 million people will get on board soon and they invest at least couple of thousand dollars each. That would be amazing to see how it will push the market cap of bitcoin and possibly other coins too.
Good analysis for the time being but we have no idea how we will leave the technical analysis in first place and how does the fundamental principles that you have applied will work. It's win win situation though and future can tell the right path.
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It all depends on the bitcoin value in the market. And my belief is that this is post effect of market drop since the December month. We experienced huge cash out load in these three months and miner fees were as high as 30 dollars and thus making it difficult for the exchangers to carry out the operation. After the great fall of bitcoin rates whole thing is upside down. The cash out load is really low and there are not many transaction that are going on. Thus making it very cheap for the miners as well as exchangers. Good thing for us anyways.
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Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Hold works most of the time if you have chosen to invest into proper coins or portfolio. Off course bitcoin is always the first choice of investment and over the course of nine years many millionaire had formed just because of the holding process. The price of bitcoin is unidirectional and that's what get it qualified for the erection of price or market cap. So yeah I would really tell you to hold the good portfolio by researching and asking your friends. Ask them what are they holding and go through other threads which has buzz about this. :-) |
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Btctalk name : Ctn
Rank : Senior Member
Current post count : 538
BTC Address : 1ExXgj3ym2AnaxJLWTcQyrw2TeJytQzBhV
Wear appropriate signature : yes
Wear avatar : yes
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Everybody believes in the blue skies and why shouldn't we! Yes, any predictions that we do are vein currently because massive corrections are following the path. This will however not keep going for few months but can be expected for next whole month as the financial year ends itself. The big investors will be done with their taxation and stuff and thus we can expect them getting back into the crypto investment. That is hell lot of work to follow and hence I believe altogether with the correction the financial year end is making its move currently. So hopefully this will skyrocket in April month that what my prediction says but as I said everything could be vein in front of the crypto's. Lets be hopeful though. |
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That sounds amazon, in-built applications for the cars which will work on the blockchain technology. So yeah this is how everyone will start accepting the bitcoin and blockchain per say. This how crypto will grow slowly but steadily over the decades to come. There might be many big figures saying that bitcoin is bubble but here is how it will break that bubble. By applying the real world applications of it! They might shut their mouths now as the big brands like Porsche and all take the giant leaps in the said field. Kodak East's stock price jumped 240% after it announced an ICO which would pay photographers via blockchain. Atari's stock jumped 40% after it announced a blockchain based gaming console and its own crypto currency which it would later issue. Others gained massive stock percentage points simply by rebranding their corporate name to include the word "blockchain".
Now, it looks like porsche is hopping on the bandwagon in the hope of artificially inflating its stock price via association with blockchain/bitcoin.
This tendency for large corporations to gain massive percentage off of blockchain/bitcoin related announcements could comprise a dangerous bubble as assets become overvalued off of nothing but vaporware announcements which probably won't produce much value or revenue within the long term.
Bravo! Keep hating hitting like this and we will have blockchain fully accepted by the end of this decade only. |
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So yeah, this is your typical traditional asset manager fear mongering, but I found this article most interesting because it includes a side by side comparison chart of volitility for BTC, ETH, Ripple and tradition assets, stocks and gold. We already know how volatile it is, but had never seen a side by side comparison like that. Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too. At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream. https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.htmlWhat a sarcasm! The same guy Goldman Sachs who said the bitcoin and other crypto currencies will go down to zero now has bought the Poloniex Exchanger one day ago under the agreement of Circle Corporation which is backed by him. The same guy according to your news on 7th Feb speaks about the crypto currencies and its fall in the near future. So why would he do that? To create the panic chain reaction so that people will sell the coins and his newly bought exchanger will get huge profit form the fees? Sound like that is the plan? Oh come on, never trust these big guys they always sucker punch themselves. And please stop increasing the impressions of CNBC as well. Lolz. |
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One of BTC's strength, which is its deflationary nature, is also one of its greatest weaknesses. Like gold, its most valued utility is as an investment and a store of value if one was willing to take the volatility. But theres only one way BTC is going. Up.
With that said, tell me, are you willing to spend your coins for your daily needs? Then prove it. Because I dont. The opportunity cost is too great.
One of BTC's strength, which is its deflationary nature, is also one of its greatest weaknesses. Like gold, its most valued utility is as an investment and a store of value if one was willing to take the volatility. But theres only one way BTC is going. Up. Thats what I am pointing out here. Lets keep the Gold as an investment asset or store value which is utility metal. It can be bought with currency/money. However, the bitcoin on the other hand is itself a currency which could be used to buy gold itself. Bitcoin was never asset for Satoshi's sake! We made it like that. With that said, tell me, are you willing to spend your coins for your daily needs? Then prove it. Because I dont. The opportunity cost is too great. With that said by me, yes I am willing to use it for daily life needs with off course digital platforms unlike the physical currency. There is nothing to prove about it because our thinking has set to assets, store values, trades, profits when we say "Bitcoin". If that would have been never linked with it then im sure you would have been using it as currency too with no more proofs. |
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