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161
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: What happen with ETH Price ?
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on: June 18, 2018, 09:37:35 AM
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Maybe we need to wait some more time until the market starts up again. Because the whole crypto market is actually down, not just the Ethereum market. Bitcoin prices are also current, and are predicted to continue to decline in the coming weeks
People are wonder what’s going on in crypto market. No currency is on the way up and almost every currency is decreasing. Most of the people put their money in Ethereum because it is the second biggest coin in crypto market but now the price of Ethereum is also falling. I also wonder where to invest my money. Now I decide to invest in small coins. |
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162
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Economy / Trading Discussion / Re: HODL vs Day trading
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on: June 18, 2018, 08:01:24 AM
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Day trade is more profitable like you say because we gain daily profit. But how if we dont get profit? Because its difficult. Holding is not always low profitable because when you decide to hold and the price hit 10x or more, and it will be more profitable
I think that trading in every field of life is profitable. 95% people in the world trade in their own business. It is more profitable than services and in this sector holding in my view is not good for short time investors. If you want to make money in short time then you must learn about trading cryptocurrency and give as much time as you can to this sector. |
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163
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Economy / Economics / Re: Big Reasons Why Many Families Are Feeling Extreme Financial Stress
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on: June 16, 2018, 10:29:10 AM
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if they experience it, because they have no work that ultimately has no income in the family finances. which produces stress in extreme finances.
There are so many cases where families are disturbed because of financial crises. Like in developing and developed countries, both have a big number of families who are continuously putting efforts to make this problem solved. But the results are not that much satisfactory. Better is to work for own good and try to increase rate of earning amount for better tomorrow. |
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164
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Economy / Speculation / Re: BTC TO 1K$.
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on: June 16, 2018, 09:54:42 AM
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Why do some people cause panic like that? Please don't hate bitcoin if you have sold all your coins and trying to let it drop for you to fill your bag because it will never drop below $6K. Shame on you my guy!
If bitcoin hit $1000 I will buy more because I think in the future the whole world will use only bitcoin for their daily needs even in their local markets. All other currencies will disappear and only bitcoin will hold the market. I don’t care about the price because I have invested in bitcoin for earning money but for use it anywhere in the world. Transactions are easy and the payments too. |
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165
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Economy / Speculation / Re: Do you feel the rise of BTC anytime soon?
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on: June 16, 2018, 09:22:57 AM
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For the early quarter of the year, I thought that bitcoin is going to fall continually, but then, as time goes by, price becomes higher and higher. It's actually starting to recover. Great thing I had a lot of patience for this. I did not regret to invest in bitcoin and never i will. I know that it's moving up anytime soon. It may not reach 50k USD but I believe it is near to that.
There is lot of volatility in the price and anything is possible. The price can change against our expectations and that is the reason that many people dishearten to see the price next day. A also hoped that the price will reach to $25k till the mid of this year but it is below $8k. it means that it will not reach to that level in the next one month. There are no chances for now as the market is low and the value is staying for long below 10k dollar and even did not cross the 10k dollar. We know that the market value varies directly with its demand rate, if the market follows the increase trend in the upcoming days then market will surely goes high and will make favorable situations for the sellers, they will sell and will get huge profit. Well that is what we have been waiting for, for the bitcoin to rise again. People are loosing their faith now on bitcoin because of the continuous downfall from January. Many of us speculated that the market price of bitcoin will start recovering at June but we are halfway now on this month and the price seems to continue going low. I don't know but maybe the demand rate for bitcoin is going low because of the bad news speculating around and this directly affect the price of bitcoin. Anyways, if are speculations about the rise in June did not happen, we still have our speculations before this year ends. Let us just hope that somehow between the last remaining months, bitcoin will show signs of recovery. Yeah I agree with the facts that there is huge volatility in the price and no say about the future price. I think that people are converting their investment into Altcoin and that’s why the price is going down due to low market cap. I hope in the far future the price will grow again if more and more people invest in bitcoin but sudden growth is not possible. |
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166
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Alternate cryptocurrencies / Altcoin Discussion / Re: Buy low and sell high is very tough
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on: June 15, 2018, 11:22:39 AM
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The strategy is the most difficult aspect of trading, most at times, you will buy token thinking you bought at the dip but it will keep dipping, finding the deepest dip and the ATH is the major problems traders do face.
Its like buying a good coin, you might think its a good because you bought it in a low price, but suddenly it will become lower and you don't have a choice but to be patient and wait for it for the price to go up again. There are so many things which are not that much easy to do but if you have this much skillset to deal with things in the best possible way, then those difficult things can lead you to the earning of lot of money. If you manage to buy the coins at cheaper rates instead of getting panicked and then you kept your nerves under your control until you see the market rising higher, then this will surely make you richer. |
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167
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Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid getting scammed.
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on: June 15, 2018, 10:47:14 AM
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im a newbie here i really want to get much experience in cryptocurrency and i myself want to learn a lot about it but since im new in this industry everybody warn me to be careful in trading, i really dont know what trading is and how can i get my money stolen from that thing can you guys explain to me?
Well, trading itself doesnt impose a risk of being scammed (as long as you trade on exchanges that are not scamming people by default - I suggest to stick with big exchanges), however if you have no experience in trading there is a huge risk that you will take the wrong decisions and therefore "lose" your money while trading. Be careful but if you make mistakes, its normal, the learning curve is steep! Once we have decided to get into the world of the crypto currencies, then we must keep this thing in our minds that we will come across different kind of scams and that we need to be very much careful while dealing with the things as you never know whom you are dealing. Having the right amount of information is the only thing which can then help you in staying away from such kind of scams in your life. |
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168
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Bitcoin / Bitcoin Discussion / Re: Bitcoin cannot be a global currency
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on: June 13, 2018, 10:38:03 AM
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Bitcoin can be the global currency in the not too distant future.
Since it isn't restricted to use in particular countries, and can be used anywhere the seller accepts it.
It is the future of money. It is the new normal.
In my opinion the future is that of digital currency and no doubt it will take over but not say anything about the time. In short period it is not possible but in the long run it is possible because the trend is now changing and people want to invest and use digital currency all over the world. I am optimistic about the bright future for bitcoin holding the whole market. |
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169
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Economy / Marketplace / Re: Digital Currency Take Over
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on: June 13, 2018, 10:08:56 AM
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As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...
It couldn't possibly as you though but when it becomes possible I knew and I guarantee that it will take a long long long time for crypto to take over the whole currency existing in the world. Even though technology are occuring nowadays it is hard to say that crypto could play a part of being a global currency, not even close though. Besides, government isn't still pleased to make a way for crypto to take a part of being a currency in a certain country. Time is not guaranteed because till date many people do not know even the name of crypto and they will take long time to get awareness about bitcoin and keep their money in it. no doubt in the far future digital currency will take over the world market but no say how much time it will take. In my opinion it is not possible before 2040. It is a matter of money and one would never trust until he is guaranteed. |
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170
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Economy / Trading Discussion / Re: Suggestion for trading
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on: June 12, 2018, 08:14:04 AM
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do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?
My suggestion about trading to aviod mistakes to have a very careful trade first if you want your more token then buy a token into a lowest price . after you buy wait unlit the token price high and you need to guard your time . There is no way you cannot make mistakes when you are starting your life in trading and it is those mistakes that always end up making you a smart and better trader in the long run and nothing else. Honestly no trader can avoid such mistakes but all we need to do is, must learn a lesson out of it and with that lesson, we should never ever repeat that mistake. The fact is that, you can never have it 100% even when you are good, and the most important thing is to at least never stop learning and be ready to use those mistakes to keep building yourself up the more so you can make a better trade next time and be good at what you do. In trading, you must think over hundred times before making any kind of decision and that if you will not be having enough of the knowledge regarding the things which are associated to that of the trading, then it will become very much difficult for you to do the right thing at the right time. you must make sure that you are not investing your money in a coin which cannot help you in making of money. |
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171
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Economy / Economics / Re: Do you think the whales are manipulating the markets
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on: June 12, 2018, 07:42:42 AM
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Yes! I so think so too. Whales actually control the prices of crypto currency by buying and selling at the most opportune time. Then again, it's also our fault for letting coins be available in the market. We should always hold and buy more so we take the control from the whales. Let's just stop panic selling and actually invest on crypto currency
Of course they do, I believe they are the reason the price of Bitcoinkeeps on fluctuating up and down. We do know that the price of Bitcoin is volatile, but if everyone ismaking normal investment I don’t think it will fluctuate that much like it does.It’s due to the whales that are putting in heavy amount of money to make the price go up and down so they can make profit out of it. Well, if not volatility, what else could be the fun of investing in Bitcoin. At least we make profit from the Hodl. |
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172
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Economy / Economics / Re: Beside Cryptocurrenices where would you invest?
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on: June 12, 2018, 07:11:34 AM
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Beside cryptocurrenices I divide my money into various types of investments such as stocks, properties, and mutual funds, although in small amounts but investing is important to make our money grow quickly.
Other than crypto currencies i invest into real estate. I buy lands from the province and have it plant fruits bearing trees. My newly purchase lot will be use for a poultry we have an ongoing feasibility study of this business. I am planning to have a house rental in the city to have a monthly income to support children's school fees. Investing in multiple businesses is no doubt really a good thing and that this then results in more money and more profit for you. the only thing which matters is if you can manage multiple investments and that you have this much money that you can afford to go for investing in both the places. If you think you can do that in a comfortable manner, then you must go for it to have a better life. |
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173
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Economy / Economics / Re: What profit has brought you to bitcoin?
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on: June 12, 2018, 06:40:58 AM
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Speaking of bitcoin, bitcoin has helped my life, especially in my family's current economy, which I can tell very well from before, and I regret a bit because I know a few new bitcoins a few years, if only I knew bitcoin from scratch maybe now I already a millionaire  Bitcoin had changed the lives of many people, especially the first investors who have made thousands of dollars from bitcoin investment. In those days the price was just a few dollars and those who hold their bitcoin for long time earned thousands of dollars and now they are millionaires. I also made handsome money from bitcoin and hope that it will also change my future. |
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174
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Economy / Economics / Re: its not about how much you invested, its when you should invest?
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on: June 11, 2018, 10:48:37 AM
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the right time for invesatsi is when the price of a coin has bad news so making a coin makes its price down or collapse is a good time to buy. That's if you ask when is the right time to invest
I think every person who is holding some bitcoins with him is aware of the fact that when he has to invest them and when he has to buy them. We can also become aware of this fact by ourselves because it’s a thing of common sense because no one wants himself to be put in loss. Everyone buys bitcoins when their price is down and sells them when it’s gone much high. |
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175
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Economy / Economics / Re: What is the most influential factor that triggers bitcoin prices to fall down?
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on: June 11, 2018, 10:13:48 AM
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I think the most influential factor that triggers bitcoin prices to fall down is the number of users who panic and can not wait to get a big profit in a short time, so when the price is difficult to rise then they choose the cut loss that makes bitcoin prices to fall down.
No doubt in your saying because there are many factors like these as the one you have mentioned in your comment. For me, the most influential factor that plays role in triggering the value of bitcoins is the panic selling by the people who are having these bitcoins because when panic selling is done, the bitcoins in market increase so the price decreases. |
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176
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Economy / Trading Discussion / Re: Which one is a better investment Bitcoin Or Ethereum,
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on: June 11, 2018, 09:04:25 AM
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The better to invest is a Bitcoin because this is a mother of all coins and this is growing up in the market and has a big potential. Bitcoin is popular in the market and has a huge value.
The amount of money which you have in your wallet for the sake of investing greatly effects this decision and that other than this, your own personal choice and interest also effects this choice. If you have enough of the money that you can think of buying of the bitcoin and that you have this much control over your emotions that you can hold your coins for longer time, then holding of the bitcoin is the most favorable thing to do. |
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177
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Economy / Speculation / Re: Is this a good time to start buying bitcoin or should i wait?
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on: June 11, 2018, 07:37:01 AM
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I can say that it is always a good time to start if you are just starting, but the prices can be different right in the week from today, you can never know for sure
This is the time for investing into bitcoin because the prices are within range of most of the investors. This is time for all of us to open up eyes and get little more realistic regarding long term profits. At the moment, the prices are getting lowered and the issue is volatile nature of the market. We don’t know what is waiting for us next, so this is the reason I am also in favor of suggesting into bitcoin now. This is a very god time to invest in the market because the current price is very low and in the circle of an ordinary person. If one invests now then he will get coins in very large quantity on the usage of less money or amount. A wise person will get benefit of this market and will trade here with more valuable coin which is the Bitcoin and Ethereum while Altcoin is also favorable. |
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178
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Economy / Trading Discussion / Re: Is it a good time to start buying bitcoins?
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on: June 09, 2018, 10:46:21 AM
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Now bitcoin prices is dumping.we are hoped as a soon btc rate can pumping.so if you want to do trading this time is good for buy i think..
Exactly it is the best time when you can buy as price of bitcoin right now is quite normal that you can afford it easily and you will not cost so high, market now day is not that high so we can buy at low but if you will get late any longer then will be hard for you, as it is getting expensive day by day, so buy now and trade for long term trust me you will earn so high, |
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179
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Economy / Trading Discussion / Re: SAFE TRADING METHOD
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on: June 09, 2018, 10:20:15 AM
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For me the safest method i can see for me doing is having a very small cutloss so that i am not exposed on too much risk and loosing. but of course there's still a risk.
Well it is not about investing small and saving money but the best choice is to grab the right time of trading and selling, If you will spend less money as being a beginner and then buy at red phase of market, trade for the long term and choose the safe and well known website try to avoid scamming, don’t trade at panic just hold and don’t sell until the price will be high enough to give you good profit. |
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180
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Economy / Trading Discussion / Re: Learning Crypto trading as a beginner
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on: June 09, 2018, 09:49:49 AM
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So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!
So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.
You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.
The best way to learn about Crypto trading is to play around with the market with a small amount of money.
Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If you can keep up with this within a 2weeks, You will see results.
Contributions from other Crypto Trader is higher welcome but please avoid spamming.
It is right to understand what are the fundamentals of crypto and how does the price goes up and down . A beginner should know the rule in investment, the higher the risk the higher the return , but Im not necessarily says that take always the risk , there are many ways to reduce this risk , First is to be educated second is always ask for help . As a beginner you should always be concerned on your surroundings, learn from the old investor. The last thing I can advice is to use the money that you doesnt need, remember that investment makes you feel better not worst. You got to be shitting me! Crypto trading is more profitable than but it is not easier as it is like the craziest market I have ever traded. The high level of volatility most especially for altcoins is more like when you are trading penny stocks. However, with good knowledge it can get you there but not without some mistakes you will still have to learn from at first even with the knowledge until you are able to build that confidence into trading the market the right way. |
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