I think it would be Bitcoin garbage would have disappeared long ago. 10 years of a growing course explains everything.
Well you’re right. To me it’s a gold too, but all of my friends that started it with me, including the ones that introduced it to me have all quit. None of them is still into bitcoin because it no longer works for them. Those of them who were able to gain something from it and start up a good life sees it as gold, cause if not for them being part of it, there’s no other way they would have been able to start up with what they are doing now. As for those that didn’t achieve anything, they all see it as a garbage. One thing you need to know about life is that something that is in favor of you might not be in favor of others. Okay you have done it, cool and it worked for you, but did you ask whether it works the same way for others? No it doesn’t, not everyone is lucky. It’s just like playing a game of two, you don’t expect the two to win at the same time, it is either going to end as draw or one of them would win while the other lose. That’s how it is here also. For sure not everyone looks at crypto currency with the same eyes as some use to call it gold and some use to call it worthless investment but I know it is best crypto currency which is more than gold now, as those who were investing in gold are now shifting to invest in bitcoin, as it has more value and it is famous as compare to other investments, actually it is great invention. |
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we certainly hear a lot of people whose their lives change 180% because of Bitcoin based on https://www.livebitcoinnews.com/venezuelans-turn-to-bitcoin-and-online-gaming-to-survive/ when government policies make them miserable, they find ways to survive. Do you agree with Bitcoin is one of the saviors and are there any of us who have saved their economic lives since focusing on Bitcoin?and honestly, I'm one of the people whose economic needs have survived because of Bitcoin  Bitcoin plays a vital role in our society right now. It opened a lot of opportunities which helped a lot of people that made the economic situation lighter and better. As for me, bitcoin has been a saviour especially to those who are jobless and hopeless financially speaking. Role of bitcoin is really good in our society because it made our life really good, it has given us uncountable opportunities of earning. It made our economy really good and provides us job opportunities, I personally working in bitcointalk.org where I work in my spare time only but I am earning more than my real job. |
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First of all i am not all technical when it comes to cryptocurrency trad and all its pumps and dumps but on the layman point of view i would always advise that you invest into cryptocurrencies with large marketcap because those have investors coming in every now and then.
right, we know the risk of investing in cryptocurrency is very large. of course by choosing coins with a large marketcap, at least you will feel safer, because many people believe it. especially for those who are not good at analyzing like me If you are not aware of the market analyzing then you should chose bitcoin only which is best investment as when the price falls everyone in my family, everyone trust only bitcoin it has high potential to rise and it makes money for us, with the passage of time I have seen bitcoin developing and gaining value all over the world. |
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Yes, in general, this is not a perfect technology. What is its meaning if you can then buy tokens on the stock exchange without going through KYC.
In some sites it is not important to show the KYC and in some it is important but I think it is good to get and ask about it as later in future it will be easy for date recovery in case of emergency, never underestimate any feature of crypto currency as it all goes in our favor, so according to me we should know our customer and should have information about them. |
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actually the reason for people to vary, and this is the reason some people I met mostly for their reasons are lack of clarity in investing in crypto besides that their future is difficult to predict and the last crypto reason is too volatile.
most people have been disappointed that investing in crypto is wrong, and most are afraid of the risks involved. there is always a reason why they don't invest. in fact, I was also disappointed several times because investing in crypto was wrong. It was wrong if you're impatient and you don't see the value of it. There are ups and down in the market. You wouldn't know when and how long will the market will be going to change its direction. I am not impatient because I know the coin I invested has more value it will take time it will recover, ups and down of the market gives me more chances like when the market falls I buy and when market rises I sell, so those who are not investing because market has volatile nature are at wrong because the beauty of my investment is that price will change with time and give me profit for selling high, people are involving now as they got the idea of rise and fall of the price. |
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it's a good time to buy when we taking a dip when bitcoin pump to 5k, almost all alts having a red candle. What I do is buy some dip, because i think the profit flowing from bitcoin will go to new assets like an alt, my bet at that time was a btc-sv and celr. It has a nice recovery after taking the hit from bitcoin pump.
That is wise thinking, I must say, trust me and thank you for sharing it. I think that it is very possible because Bitcoin is volatile and has been rising in the market lately. However such thoughts should be taken into considerations when it is a bear market like we had couple of months ago because only then you have the maximum profit margin when your initial cost is low. Still, many altcoins are showing big dips to accumulate them now. For example, ethereum is not kicking start along with bitcoins whereas BCH was flying with bitcoins, hence it is time for buying more ethereum rather than bitcoincash. But, personally I rarely touch altcoins as I do fully focus only bitcoins for long term. Bitcoin and ETH use to move along with each other and most of time they rise in price just at the end of the year but this time still the price seems to take much time for huge recovery, so buy more when the market goes down we will have to keep patience and wait honestly with your investment, never panic just keep holding and buying more at low price. |
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I think everything depends on how much you are at a loss. If you are a very high loss (80-90%) it does not make much sense to sell, so hold is the lesser evil.
Yeah hold is better strategy especially in bear market. If we sell our coins now then we will miss profits after bull run start. Well certainly the point where now the market is, for everyone who is investing and how is holding it is good time to keep holding for few month even more, the coin you compensate for trading needs time to grow and make price higher, it will take time for the price to be high, so to achieve that level of high price all of us will have to hold. |
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The price of bitcoin is settling at 5K. We can say that it is the new support right now. If the price still keeps growing in the next few weeks, then we can really say that the bull market is back.
I'm convince already, reaching $5,000 was a major improvement, although we will just stay at this level it's already a bull run for me. People have different expectation but I'm glad to know that most of us are hoping BTC will have another pump. I also hope for the bitcoin to pump little more and I am user it will continue rising, 5k is surely remarkable progress but it will increase as passive increase in price and massive adoption of the coin, according to me same as you I can see bitcoin the best future coin which can gather more fame and value in market, bull is just at few months distance and soon it will be bull in the market. |
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I recommend you do day-trading, only if you have got one year's of trading experience, or you would waste your funds. As then you can decide well when to enter the market and when to leave.
Yes you can trade I think at any time and not depending on experience , for training I would recommend starting with a minimum Deposit , but day trading can save your Deposit than if you just hold Of course day trading saves our money but it is applicable only for those who are not new and who has good market analization abilities, who knows when to trade when have to wait, day trading has good instant profit and it use to attract most of people, but before starting get more and more information skills and knowledge about day trading only then get in the market. |
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Newbie don't necessarily have to use real money to learn trading on exchanges. They could use demo account to learn. There are some exchanges that offer the demo trading feature.
The best advice for newbies remains "trade with what you can afford to lose'
But for "some" newbies they are taking demo account not that serious because they have this thinking that isn't real at all. I know there are several exchanges like bitMex where you can trade without money involve as if you are really on a practice trade and familiarizing the market. Yes, that is the most problem of newbies who are taking some free demo. They don't take it seriously, but for me, to become a successful trader, you need to start from the bottom, as OP said, you need patience. But I know some people who started in some demo account who become successful, but some also said that when they used the demo, they are good and most of the trades are success but when it comes to the real trading account, they lost According to me it is not bad, infect there should be some institutes for new trader where they can use to take demo and tell them what are their weakness and what can help them overcome it, a good trader should take all the miner things so serious to make profit in trading, there are so many ways to gain knowledge about trading go for it and increase your trading knowledge. |
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Another reason why people do not invest in Cryptocurrency is because of the volatility nature of Cryptocurrency.
Not everyone has the mind to invest in an environment whereby ones capital can reduce drastically in the next minute after investing.
These are the kind of people who are afraid of taking a high risk investment. They want low or medium risk and wants the traditional one, if you invest in crypto, you are like investing in a new tech that could fail or succeed. Those ones, who heard a lot of scary stories about the people that lost everything during the bear market, are afraid to invest in cryptocurrency. They guys that do not know about crypto are simply not interested in it yet. Don’t trust anyone as most of people use to tell the new traders fake stories which is only because they don’t want to see people richer than them, so just make your own research I think you will find yourself safe as trade with crypto, people should enter at least once if they can, as trading with miner amount is not big deal if you can obtain huge profit. |
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Basing on numbers then its clear that this is a good risk:reward ratio but the question is, would you able to hit up that Take profit before busting or hitting up your stop loss? 3% is way too near when it comes to cryptocurrency volatileness.It can hit up thats why i would decide to make it bigger or wider for it not to be hit up easily. Active trades is suitable with this R:R but somehow risky compared on swing ones.
Actually numbers can change at any time, 3% of loss can be a rushed decision, if market conditions are still stable. it can also be the right choice, if bearishness continues. You have to be good at reading the situation to know which is the most appropriate choice I don’t like those who consider risk and lose at first step, why can’t we think positive and lose free trading, I know it is good to be careful and think wise to make high profit and less loss, having 7 percent profit is good trading strategies but without care and wise decision we can even vanish the chance of lose, if there will be no fear but more confidence I think we can achieve the entire 10 percent of profit. |
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Yeah, it is possible in day trade, You could see a huge number of altcoins are here and i think they are best for day trading wise, If you know about them very well. Information wise you could do in trading then it will not matter that you are doing day trading or other than.
IF you are talking about only the possibility then yeah it is possible but if you are asking about its advantages and disadvantages then I would like to say it is not good to trade with other coin than bitcoin because I spent 3 years with crypto currency but I did not found anyone making profit from day trade with anyone other altcoins than bitcoin. |
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In cryptocurrency as in the Internet, everything is not as anonymous as it may seem to us. If you start to understand the device networks, you will understand that in general there is always the opportunity to track a person. But it is not so easy.
But to 90 percent it is anonymous to us, as we cannot say when the price will be high and when it will fall, we are not sure about pump and dump, no one can know the sender and receiver of the coin, but all those qualities makes more valuable and more famous, so even if everything is anonymous we can having confidence about price profit. |
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I wouldn't make such a big statement because you're not sure. That is, you are one of those people who misinform the community and not having plans to leave it.
I know my own idea about it but I think it is not right time to leave because we are at time when most of the time prices gets down you can buy it but don’t get out of the market at panic, it is good to have faith and be a part of the community where even if the price falls it opens new doors of success to well trained and well planned investors. |
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good and working products - thats mean successful project, it profitable when it popular, so of course it is very important
And that should be where the main income from the team will come. A good product will get a lot of popularity and a lot of users and that means if that product can give more money to the developer to continue the next development for the platform. But it depends on what type of the project it is, because in my opinion a project is very important thing, it is not surely the scam maybe it is true one, as it should be interesting one which can attract people to invest in your product, as everyone wants better quality and guarantee so in any business project has really important and serious intentions. |
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usually lay people will be interested if they see good news from crypto and they definitely decide to invest.
Yes most of the time people follows the market because of good investment but it is not good way to make profit, I think one should have patience at low and try to buy when the price is down, as price will certainly be high once again if it is low some day. Stupid people make wrong step for panic selling or buying late and then they suffers lose. |
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Having $ 10000 is everyone's dream, and that is a large amount to do a business, I will invest in Bitcoin, because I think Bitcoin is a place to look for very good profit so far.
always yeah bitcoin is the most trusted crypto since its initial appearance, with that money you will have approximately 2 bitcoin and of course it's pretty big. I think you should consider investing again using bitcoin so that you have the potential to gain wide profits if you think it's a large amount of capital then you should do diversify, yeah I know bitcoin also has great potential, but still has risks right? so buy some other coins, it can add to your profits and the risk is much reduced Indeed bitcoin has good potential to rise in price and it has good value in market as well, as now a day price is little low so you can invest even 1000 dollars to have profit, risk is not bigger than the profit so don’t even think twice before investing your money into bitcoin, I am holding and I am, very happy that I am having such nice investment. |
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Decentralization. Everyone is talking about it. Can cryptocurrency lead to the disappearance of banks. Or will banks be able to adjust and remain in power?
Banks are usually sleepy so they will do whatever has to be done to stay in the game, so they will continue to exist even if they have to adopt the blockchain tech. Yeah I think soon banks will be there with crypto currency and they will cooperate with blockchain because now a day people are showing good interest towards crypto currency only which is making banks so pressuriesed so I think in future, I don’t know when but this is mu own prediction that banks will turn their money saving system to crypto or electronic money saving. |
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My experience in crypto currency has been good I find out crypto because of my friends .
I was convince to try it when they tell me about how much they earn in crypto so I also give it a try.
First was reading some stuff in this forum and learning the basics in trading and also tried to join some bounty campaign and it paid me too ,
So my experience in crypto has been good even when we experience a huge drop last year my portfolio has been down below 50%.
Good for you. Suppose, your friends that helped you to understand that the cryptocurrency has the best future, did not quit dealing with it. As for me, I started with mining, and now I am an active trader. You made good journey through but I think it is much better to start your way of earning with some other way of making money, like you can take start from long term trading as it gives opportunities to learn more and I personally had great time trading long term when I was new and as I first gather knowledge so I did not suffer lose at all. |
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