Newbie here and I want to start trading soon. Just want to get tips on when to invest on btc and eth. thanks in advance!  Before you start trading, please read some book and join group with trading as their topic. Isn't wise to trade without knowledge? know the risk first. Tips is just find buy area and sell it when the price enter the sell area. You can find this area with an indicator like MACD, stockhastic oscillator, or just using trend line. Do that with demo account to find your best strategy and keeep patience. Good luck. Sincere pieces of advice, though. I will suggest him the same. He should study crypto trading deeply before jumping into crypto market. He should learn when to buy a coin and when to let it go. Practicing the trading on the demo accounts is worthy. They will give him experience without any risk. |
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For us to become a traders, as long as you have enough knowledge in doing trade in the exchange platform.
You are able to become a traders at once as long as you are determined to do so.
Become to trader very easy, only need you adhere your rules when trading, but if you can't do that, you will become to gambler, not is trader. The different between trader and gambler very small, just use your brain when trading or use emotion! Indeed! There is minor difference between a gambler and a trader. Gambler is always looking for quick profit and mostly takes emotional decisions because for them all is totally dependent on luck whereas the case of trader is opposite. They do deep analysis of market before taking any decision. Traders go for long term investments. |
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in time there may be as many 'strategies' for this as there are now for wall st.....
personally i know of no long term sound method to 'beat' wall st.
if i did i would be wealthy and keep my mouth shut
since no sure fire strategy exists for this don't expect there to be one for btc/ ect
buy at any price you think is good and hold until you make some profit and sell them. I never go for day trading because I'm not good in predicting the price movements on day basis. I tried to do day trading, but some times its not profitable so I will hold it until its get worse or advantage, if its gone worse, then I try to average it, but the problem in btc, price move up and down very quickly. Day trade is not 100% profitable, but if you can do the right timing you could also get a big profit but not all the time of course. And upsides down is commonly happen in bitcoin due to it volatile. I second your thought about day trading. Absolutely timing matters a lot in day trading. Everyone is not lucky enough to figure out the right time. Not only bitcoins, all the coins in the crypto kingdom are highly volatile in nature and this volatility is there beauty. Otherwise people would have been treating them like ordinary currencies. |
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I think nothing will happen after SEGWIT aside from having an automatic free coin which is BCC. Other than that I dont think there is much happening and hopefully everything else will be back to what it was before the hype.
This is what i saw on current situation. Theres nothing to panic or join with the hype since this is just a simple split-up of bitcoin. I cant see a reason for price to dump or even pump but still possibilities would really be there anytime. Tomorrow is the day on which all people are waiting for and we would able to see it for ourselves regarding on our speculations. Well, the deathline very nearest and we just need waiting 24 hours for checking our predict in recently right or wrong. But I hope after all the price of crypto on market can recovery in September or until last year 2017. I believe the same. The prices are going to recover rather increase manifolds after the implementation of the Segwit. Especially the bitcoins have the maximum chances of taking ride to the moon and the other coins are also going to follow them. The closing years of the 2017 will be lucky ones for the crypto traders. |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
As Bitcoin can not grow so rapidly in this time, I decided to exchange all my money into Ethereum because it is growing so fast and has potential to continue to grow up in the future. That's a bad move you don't need to put all your funds in ethereum there were so many altcoins example the Top 10 in coinmarketcap which you can invest in .Putting an investment all in ethereum is just like the thread says putting all your funds in bitcoin. i will never even advise to put all your money even in bitcoin. i think it is not good to invest all our assets in one business wee need to invest money in different places and through this way we can reduce the risk of losing all the money in one time. I agreed, it will be a wrong decision and regretful in the end if you do that. though I'm a bitcoin enthusiast, but its not the right time yet to put all your fund whether bitcoin or ethereum. Just do it as your additional source of income for now. That would be a smart move though. Even if you use bitcoin as a mainstream income source that is not bad decision. Bitcoins are already doing well in the crypto market and have given ride to many of the followers to moon already. Even after the Segwit, bitcoin lovers will be on the top of the world. Treating investment in bitcoins as an additional income is also not a bad idea, mate. |
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I want to understand how bitcoin price fluctuation. ??
Bitcoin fluctuation is a result of seller and buyer . In market it only means that there are more seller than the buyer which makes the price lower due to lower support which is the buyers. This is not the only reason, there are also other factors on the market that influence the price. Bitcoin is unstable by its nature and often behaves like some goods on the market, like gold for example that also varies in price. But if you look deeper some fiat currencies, especialy in troubled countries, with lot of politicaland and economic issues, also fluctuate in value. Of course there are still many other factors that need to be taken into account. But for me the bitcoin demand factor in market share is the most to be noticed. Because this is one reference bitcoin has a lot of enthusiasts or not. The more bitcoin users the more likely the bitcoin price increases. Yup supply and demand curve is biggest contributor in price fluctuation. There would be a limited supply of 650k Bitcoin a year till the the next halving. But the users are increasing in millions. There is a sharp increase in demand. These short term fluctuations are because of difference between buying and selling price at that moment. Yep! Undoubtedly bitcoin supporters have increased tremendously over the last months and an increase in bitcoins is needed to meet the demands of new fans. These fluctuations are also result of this difference. Besides I would like to suggest newcomers not to get panicked when the prices are lowering continuously. The downfall is not permanent in the crypto world. |
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Absolutely wrong. What do you think? How it can be right? You should be a lucky gambler/punter to win every single bet/session. Proper money management and pure luck are the enough excuses for "winner". İf you can not earn your expenses it is called Gambling If our mindset with gambling is for fun and entertainment, I don't think so that gambling is 100% wrong. It may even relieve our stress and just have a good time provided that we are only using money that we can afford to lose and that we are ok even if we can't get it back again. Make money from gambling was not good and it was wrong. People generally try to earn money from good work and real work. But if they play only for entertainment it's natural. But they would be addicted to either winning and losing waste all their money just because the gambling. One of the fact and sad part of majority of youngsters who gamble is that they all want quick and easy money which just very few people are lucky to win big in gambling. Majorly people will lose in long run and if played just to make profits they are bound to get addicted to it. Exactly! That’s what is wrong with our youth. They don’t want to work hard or put any efforts to earn big for themselves. They are always in search of shortcuts to earn big money. Gambling is one of those short cuts. Gambling makes you addictive within short time. I personally believe that gambling is an evil deed. |
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Bitcoin now is the strongest cryptocurrency in the world. It is the on top 1 of the biggest volume market cap in all coins and 24 hour volume is $700000000+ so I think that there is no chances of ethereum or ripple to overtake bitcoin market cap unless if it will disappear or rich its limit.
Indeed! No other digital coin has got the potential of overpowering bitcoins by any means. They are now the most used and cherished currency around the globe. Eths and ripples are kids of the crypto kingdom whereas bitcoin is the king of this kingdom. Soon bitcoins will be made legal around the world because of great number of supporters. |
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Fear/Uncertainty/Doubt = F.U.D
Best thing to do is wait. If anything, backup your private keys and put some coin aside for bitcoincash. If it doesn't pan out, sell it. I don't a whole bitcoin but I pulled my $30 worth from coinbase yesterday.
Yep! Besides waiting we don’t have any other option. Waiting for Segwit results though is really frustrating but I have firm belief that bitcoins are going to rise massively in value tomorrow. All other coins will try to follow bitcoins and may be some altcoins also show increase in their values. |
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I think the opposite, with BTC going up.
I think the same. Just bitcoins will show massive increase in the value tomorrow after the execution of the Segwit. Segwit is not going to benefit baby coins like altcoins. They are not going to take a great leap tomorrow. Those who had held to their bitcoins in the last months will be the happiest persons tomorrow. |
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We must have a special strategy, if we just hold our money on bitcoin of course we worry because hard fork events can make money lost, better is transfer bitcoin to exchanger to be exchanged with other coins like ethereum or monero.
Don't loose hope about bitcoin's potential. Please don't go towards these copy cats altcoins. In 2013 also after big bump bitcoin only again rise and now it stand in good position. If you check the world's costliest assets. This will be the first and best stock which will rise continuously than gold or property. Be stick with bitcoins. I will utterly agree with you. Bitcoins are the most expensive investments worldwide. They are undoubtedly rising continuously in the last few years. I will also suggest the same to all bitcoiners not to give up on bitcoins at any time. Even when they are going through dumping phase, do keep them in the wallets. |
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I am waiting for a huge dump in order to buy Bitcoins. Patiently waiting..
Then price will go to the moon imo
i think it will never be goes down. it goes down last week i think, it will be grow and gets bigger. nothing will be happen and nothing gonna lose, only a new coin will be gonna raise and i think it will never gonna affect bitcoins. i hopes it. I agree with you. Indeed nothing such thing is going to happen. The new coin is not going to affect bitcoins’ price in any way. Bitcoins have risen in the last weeks and would give bitcoiners ride tomorrow. Obviously there is no need to fear Segwit. It is just a hurdle and crossing it bitcoins are going to touch sky. |
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I've been talking about Bitcoin to family, friends and random people for years and nobody seemed to mind when BTC was under $1000. But now that Bitcoin has reached $2000, people are starting to realize that owning 1 BTC is beginning to be out of reach for the average person.
I've had more people ask me about Bitcoin lately and wanted help buying Bitcoins. What about you?
My mother and brother keep on asking me where does my money came from. They suspect me of doing bad things, but when I explain to them what bitcoin is, they keep calm. They got interested in it and allow me to continue this. I won't be shock if one day they'll be using bitcoin too. That’s cool if they have learned about bitcoins from you. You are among the lucky people if your family has believed you and allowed to trade with bitcoins. I hope so your mom and brother well also join bitcoins soon. If I talk about myself, only my best friend knows about bitcoins. |
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I dont know?, well i just started btw, so i still dont know what is the full concept of bitcoin and how do this makes money. so maybe i can fet tips from people who is a pro in bitcoin :3
It is a way to get rich but it cannot make you an instant one. You have to wait for a lot of years before becoming a rich person in bitcoin. And it is also going to happen on how you will work with your source of income. If you are a newbie trader and you have the potential to see your good life in bitcoin, believe it will happen. I don’t understand that how the people are far of bitcoin. Why they don’t understand the reality of technology. The age of bitcoin is 8 year, then how a man can say that it would take a lot of years to become rich through bitcoin. Is there not any person who has earned a lot of wealth through bitcoin? Why the people are so bling and when will they realize the reality. i personally not agree with the statement, bitcoin is in fact not the instant way of earning money. how you can say that bitcoin is not instant way of earning money we already know that bitcoin is permanent currency and it will survive forever and already a lot of people earning a good amount of income through bitcoin so i can say that bitcoin is the instant way of earning money. |
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where did you buy? can you explain why its irelevant?
Who cares that there is a high number of coins... that's why the price is so low. is the volume also Influence on the rise in coin prices? Depends, if people start selling high volumes it goes down. I will agree with you. The whole game depends on the people. The rise and fall of any coin is highly controlled by the people. If majority is giving up largely on a respective coin, it is definitely going to dump badly and vice versa. In my opinion, people are going to give up on this. |
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I don't have much money to invest to the tokens you have invested. But I do have about 1k WAVES and 17 ETH that I keep them for good too. It feels like I'm on the right track that investors are also keeping the ones I kept. But I also have Ripples and NEM, seeing these last the are on top with considerable marketcap, I think its worth investing.
You have nice collection of coins but why you running short on bitcoins. Bitcoins should be on the top of your list. They are the most cherished coins. These eths ad waves are nothing to them. When after Segwit the bitcoins are going to give a ride to moon, why still you guys thinking about these coins. |
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I think we will see multiple 100 billion dollar crypto projects at that time, with Ether hitting 1T market cap as the first one.
I don’t think so eth is going to touch this value in next five years. Eth are good enough for little profit but not capable of rising to this value. There are chances that eth might disappear in the coming years. Eth will obviously lose supporters when bitcoins are going to display tremendous increase in the value. |
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Long term is the best strategy. Buy low and sell high.
Yep! This strategy works well with bitcoins. They let you enjoy profit only when you are holding onto them for a long time. Indeed it is the simplest and most efficient trading strategy. Buying low and selling high is the only way to make profit in crypto trading. Bitcoin trading or trading with any other coin is not for emotional or short tempered people because it demands tremendous patience. |
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Currently, my cryptocurrency portfolio is ETH bigger than bitcoin. The low ETH price is now a good enough moment to buy more for me.
Why you are going after eths when bitcoins are offering grand profit after Segwit? I don’t think so it is wise decision to grab eths instead of bitcoins. Eths are not going to make its fans enjoy any extraordinary profit. These coins do not have potential that of bitcoins. I will suggest you to buy bitcoins for eths before Segwit. |
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LN integration will really change perspective on LTC as scrypt boring coin which is mostly supported by our Chinese friends.. I hope others can see that this is perfect timing for investments BTC will rise LTC will rise , you can double your money very easily..Those who wait longer will be luckier!
I have the same opinion. The more you wait the bigger reward you get in the crypto world but it is only applicable to bitcoins. As per now, the bitcoins are most likely to touch sky in coming few weeks and those who held them during crisis are definitely going to enjoy this ride. As far as litecoins are considered, they will somehow show some rise. |
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