To work efficiently there are so many things involved with the trading business. like the market look and th behavior of the interested buyers and some time the investors have come to the view that they want to invest some amount in bitcoin and some in altcoin so it is useful to look at the present value of bitcoin and then i hope that the investors will make a good ratio of the profit.
We can also use some technical indicator and study the pattern. Even if it doesn't always help it will make your trading decisions more precise or giving you more opportunity to execute a right buying and selling on every trades you've made. |
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Do you like a thing and dont want it? How its possible? Your statement is kinda hard to understand for me, I only buy things I like and can afford
Maybe it's like an impulse buying behavior, sometimes I used to be like that too and it's like you bought something and you felt like you need it or maybe you just like it but will turned out to be that you bought an insignificant thing after you received it. It's an unhealthy financial management. |
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How is trader life in the future?A trader is the country's wealth?
It's hard to predict the life of the trader in the future but it can be guaranteed that he/she can be a profitable person. Traders life is not that easy because they need to be updated from time to time especially crypto. It could also be possible that traders contribute to the country's wealth. A trader could reflect their own behavior on financial management when they do their trades, you can see their patience and strategy. If you are an experienced trader there must be a certain future for you because you overcome those different obstacles and did cope up with a trader's struggles. |
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What happens to you? Can you tell me more? I can give you some solutions?
I invest in an ICO introduced in my country. So I pour my money in this. The leader of this team run away It also happen in my country but it is a bitcoin investment scam and the leader was already caught. Investing in an ico is riskier especially if we don't make a further research about their project and their activities, it is better to invest on a already established cryptocurrencies. |
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I bought 3 btc on credit for 19k about. What should I do? I am way underwater.
all you need to do is wait for the increase in price of bitcoin for about 3 to 4 months and bitcoin price will be back to $19k+ per bitcoin, so you shouldn't worry about the deceased bitcoin price, it already always happen in a market that for every seller there is a buyer. That's why it is a good thing to avoid buying when the price is at its all time high or at its peak. I wonder what's on those people's mind when they buy bitcoins even if the price was an ath but you're right eventually it will recover and op will have an opportunity to sell. |
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Yes and it is impossible to convince those people because it is their money and you shouldn't stick your nose on those kind of things. It is their responsibility and right to do whatever they want on their coins and you should somehow thanked them for the opportunity of the decreasing price cause it is the best buying option.
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There's nothing new about these kind of schemes in ICOs. It is safer to invest on some established cryptocurrencies or tokens that are already running and currently circulating in a different exchanges. The ico said in the news are just like those hyip before lol.
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Feared? I would rather called it riskiest investments among all other investment instruments. One must consider a zero return of investment before entering this kind of market. On the other side, you could also earn almost a hundred percent if you're lucky and know ho to play along with the trend.
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I understand those emotions and already felt it when I was still doing my day trades before. I remembered the mixed feelings of fear, greed and regret during and after I execute my trades. Reflecting to those experiences is the best thing to do after you trade to see the things that directly affect your trading activities and make a solution for it in order to make a positive results for your next trades.
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Sometimes, we just need to dig dipper and understand the real purpose of a new tech, but most of us are unable due to our lifestyle, too busy to pay attention and must focus on the things that are more important (that's what the typical person's think in my country when there's a new trend in technology like cryptos). Let's just have to wait until the time comes for these cryptocurrencies and it's acceptance.
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So where do you think the beggars would get those bitcoins? from the government or by themselves? Plus it is more suitable for them to used cards instead of bitcoin. And to think that a beggar could access their own bitcoin address maybe there must be something new handheld device that is only designed to access their bitcoins, internet is not a problem.
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you can explain it to them by saying that there are people who enjoys to put terror in the minds of their neighbors,
Actually, it is the same idea in my mind when I was a child because in my country there are also different organizations such as moro and communist group which act likes a terrorist group and that time there was an ongoing clash against them by the military. It is the simplest way to explain on a child that there are people who fights the government and put some terror on an innocent civilians. |
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I don't know but I think the risk of those two are maybe the same. If we think about it, we could lose more on buying on ICO than trading with established coin with an active market atleast we can still recover from the loss from trading if we try to wait and have a patience.
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If I have reserved amount of ethereum I would rather hold a bit more until the price increased further. But if it's you it depends on your objective and approach, there's a possibility of it to increase more in the next months or years and there's also a possibility that the price could decline so please be responsible for your decisions.
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It is obvious that banks will never make us rich since it is just a bank, and their reason of existence is to take care of the money being deposited on them. Banks do not makes any promises making you rich but taking good care of your money in their hands.
That's why we need to explore different things in order for us to decide how do we really used our own money to make it grow instead of being held in the bank for too many years. There are different ways to become rich we should just have to take the risk and don't be afraid to do something new. |
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What you've said is true but don't forget that freedom comes with great responsibility. Bitcoin is like that, anyone can used it whenever they want regardless of legality lol. The most important thing is to used it wisely that benefits us more instead of making us lose our money.
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I remember doing scalping on siacoin before when there is an active buying/selling in orders book and I earn at least 7% and that was a great experience. But be aware that you could still lose just like what happened to me, maybe it's what they called beginner's luck so just prepare yourself.
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Yes I experienced this but quite different. When I lose almost everything I felt that I will never gonna do those things ever again but after a few weeks or months I would continue to play like there's nothing has happened before. It seems that I only need some time to cool down after a huge loss.
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Interesting question here,I started gambling in my childhood days but not in a regular basis and dice games was the first gambling experience (I think).I am talking about when I am less than age of 10.But most of the time I ended up losing but I don't care about that lost money because I saw that on the view of fun only with friends.But most of the people says gambling is a sing and stupidity but you are the one stupid if you think like that.
Indeed, just like you I started to gamble when I was a kid along with my brother. As a child we only care about fun things like to play games with our friends but when we turn to be an adult we tend to see these gambling games differently, I am not saying that all of us but some of the people became addicted and ruined their lives because they can't control theirselves. |
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If the world uses a single currency, will the economy be more stable?
This is a very interesting question. The sovereign nations issue their own currencies and are taken for granted by many people, but few consider whether this is the economically optimal option.
Well our major problems nowadays will be non existent just like the third world country labels, cause if we have a single currency, the price of the goods will be cheaper rhan what it is right now and I think hunger will not be present in our fwllow children in africa if they afford goods and attending education. If we imposed a single currency for sure the developed countries would greatly benefit from it and for those other countries who currently suffers from economic downfall would obviously do more harm. As we all know, each countries are different that makes that single currency impractical. |
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