|
i am sure that bitcoin and chinese yuan have correlate because in the chinese market, we can see that the trader in that market is like crazy to sell and buy their bitcoin like the bitcoin don't have the price. they sell their bitcoin 100 bitcoin with easy going, and then buy 1000 for another down the price and then sell it again when its going up. geez, if you take a look in chinese market, i am sure that you will confusing to see this.
|
|
|
|
When do you think will be a best time to buy bitcoin and when is the best time to keep bitcoin first before selling?
Well, the best time to buy bitcoin when the price at $200-400 I thought and you could earn some profits by sell your coins if that's what you looking for. But, anytime is the best time to buy if you want participate in developing bitcoin which you won't loss due to bitcoin value keep increasing from time to time. If you are daily traders, quite difficult to expected fast profits as now bitcoin price seems stable enough. i am sure that you don't miss that moment in the last year because i see that price in november-december 2015 and after that, the price is really up until now. for the future, i think its really impossible to get down in that price unless there are many people will not believe with bitcoin and blockchain technology and then the price will reach in that number. |
|
|
|
|
i think for the end of 2017 its really hard for the bitcoin price to reach in above than $1,500 but i think if only $1,000 then its could be possible to reach because with many of people will start using bitcoin in 2017, the price will be go up in next year. but its just only my prediction, i don't know the reality what will happen in next 2017.
|
|
|
|
Do i buy bitcoins or wait?
By looking at the price of bitcoin right now, i think it's better to wait first. Because the price of bitcoin is at the highest price right now, around $730 per bitcoin. If i were you, i will wait until the price of bitcoin going down and when it happen, i will buy big amount of bitcoin on that day and wait again until the price of bitcoin going high. i think the price is good to buy because almost a week that the price is around in that number and sometime gets down and up, but i think it will like that until the christmas and new year, after new year, we can only hope that the price will be increase like many people prediction so we should wait for a while. |
|
|
|
It's been coming for the last 7 years. It will continue coming for the next 70 years. It won't affect the price much. The only thing that can move the price is not the adoption, it's China.
of course the price will be affect as the people wants their investment in bitcoin give them a profit. but yes, maybe china give the back up for bitcoin and we can see that for now the adoption is really coming and its happen in many country beside some of country will not give any statement. |
|
|
|
Only if you are sure about the fact that you can make profit with the bitcoin its worth selling your stocks otherwise you should not do it because it will than be too risky for selling and buying right now.
Choose a wise moment too it will be very important.
It is better not to sell the stocks if the stocks can still make you profit. But invest in bitcoin is also a good choice. or maybe he only sell his stock for half and after he got the money, he can buy bitcoin and keep the half of his stock to continue his jobs. and for the bitcoin he bought, maybe he can save it in his wallet or do some trading. |
|
|
|
|
personally i will stay away from forex because for me, forex is more dangerous depending to trading crypto currency and if i do this, i will quickly get loss all of my money in the market. maybe i don't have the basic of trading, in all type of trading, but so far i only learn trading with crypto currency and btc-fiat. maybe if i think i am good enough in trading crypto currency, then i will trying to start trading forex.
but its a good for me to know that the OP have 8 years experience in forex so we can learn something from him. thank you OP, enjoy your day while you are here.
|
|
|
|
Professional trader know the methodology of trading. Most skillful trader didn't trade with emotion they have their predetermined exist plan and have good trading plans.
but for me, i think not all skillful trader didn't trade with emotion, i think its because the trader itself should have many experience when they do trading and this will give impact for them. the more experience they have, they can control their self when they do trading and its really important for us especially for me, to control myself to avoid the greediness. |
|
|
|
|
i have an experience with localbitcoin and not selling bitcoins on an exchange because i don't like with the fee but i am prefer to sell my bitcoin with friends and its because i really trust him and he will help me to accept my bitcoin. and the best thing is he don't make the fee too much for me so i can save the money.
|
|
|
|
Me, i have two wallets and one local wallet. I dont want to store my btc on one bitcoin wallet. So when the wallet encounter trouble, im able to switch with the other. Also i dont guarantee my btc is safe thats why im using these wallets. My local wallet is very useful, so i suggest you must use one. My local wallet very versatile. You can pay bills, prepaid load and convert btc into cash. Im not gonna use my btc without this.
good idea to use local wallet since we should split our bitcoin to avoid bad things that could happen. is that local wallet like bitcoin core or multibit? i use multibit because its really light to syncronize with the network and its different with bitcoin core which is need too long before its completed syncronize. |
|
|
|
|
i think with we use an escrow, we can avoid if for the example someone want to scam us with our deal and this will help us to get a good deal with our customer. i agree that in this forum, there many good people with escrow and they have a good reputable too in this forum so in someday you want to make a service, you can ask their help for you.
|
|
|
|
Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I definitely agree with your statement, I believe in trading you have to learn not only the basic as you are required to have at east a continuing education, your experience matters a lot if you consider it, with your experience this job which is unpredictable will be predictable for you in the long run. Yes, trading really matters with skill, experience and knowledge, If you want to start trading you must have some good experience about trading so you have to do a deep study about the trading tools and strategies by using them you are going to trade. Trading is unpredictable job for those you could not find time to prepare themselves. yes i agree but if you are new, don't be afraid if you get loss, with your loss, you can have experience to learn and hope that you don't make the same mistake you've done before. its good to always learn about trading especially to make analysis about the coins you wan to buy so you can learn something from the analysis itself. |
|
|
|
Best to start small and trade with a couple of million satoshis to get used to the markets and minimise risk, when you get comfortable then you can always scale up - I've taken that approach and am doing pretty well so far.
i think we can start with 0.001 btc for minimum amount for first time and after we can make profit, then we can increase our trading amount and start again until we have make profit. we do this over and over until we have a big profit in one time trading but its need a time to get big profit and its need many experience for this. better to get stable profit with the small until medium amount to make the profit. |
|
|
|
As for me - I like ICO. For example the last one - Golemproject. Made easy x2. But now it is 1:1. Also I am waiting for gnosis and filecoin. And my advice - don't be a greedy bagholder - try to work quickly, made x2-x3 and good by coin, the next one)
As we can see that the price of bitcoin is regularly increasing. To me, I think the best investment in the present time is to hold bitcoin and not to invest it anywhere else. But you must remain patient and not to invest or use bitcoin in anywhere else in mean time. Most of bitcoin investors slip in this point due to lack of patience. but it is very slow method - to sit on your bitcoins. And it is not work if you do not have a big amount of bitcoins. I thought, we were speaking about a least x2 money making. if you're really going to double your bitcoin. be prepared to afford the big risk you will take when you're in process of doubling. maybe you can go by gambling but it's definitely not investment. investment are growing your money by little and little. just prefer you to go to an ICO. because honestly you will never found a real investment which could double your bitcoin in short term of time i am agree with this and i don't think that doubler site will help you even for the short time like in just 1 days, because as far as i know, that site is ready to scam you but we don't know exactly when its really happen then we only hope that we can make ROI+small profit from that place and i have this experience in the past. for ICO, i don't think its a good idea because there are many ICO that make a good promise when they want to launch their coins, but after that, the dev is run away with the investor's money. but its not all dev, its only for small part of the ICO devs. |
|
|
|
In this forum i think you can learn bitcoin trading here and also in exchange website or in youtube you can watch videos there where you can learn more good strategies and ideas i learn trading from youtube i start watching there. Also reading topics herei n bitcointalk forum.
you are right, i've learn many thing from this forum too and it helps me to find what i'm looking for, beside that i use search with search engine that will always helps me to find something and its really work for me. in this forum, we can learn many knowledge from all related with bitcoin, just use the search button and you can found what you need. |
|
|
|
|
in my mind, the big difference between bitcoin and real money is bitcoin can be use in online world and not much store online that will accept bitcoin as their payment, and real money can be use in offline world and online world, and for the store, there is all store offline that will accepting money as payment. real money can be transferred into online world so real money have 2 benefit for us to use it, online and offline world.
|
|
|
|
Anyone who has a btc either small or big amount can play gambling. For beginners, I suggest to bring only a small amount for you to be able to try gambling and know how it works. As you go a long and have fun of it in your spare time don't forget to limit your budget because winning is uneasy.
i am agree with this, and i do this when i am start for the first time i am playing gambling. i only played with small amount about 0.0005 btc to start, even if in the end i only get loss all 0.0005 btc but i am satisfy because i am know how to play gambling and from that moment, i only playing gambling once for a week or so. |
|
|
|
|
i think its hard for bitcoin to replace dollar soon because we all know that bitcoin is still young for now, beside that we know the dollar history and its need many thing if bitcoin want to replace dollar and i don't think its could be happen in 5 years until 10 years especially bitcoin is in 7 years from first launching. so maybe not so soon enough but if we can see the number of people which using bitcoin is growing from time to time, then it could be happen for someday.
|
|
|
|
it depends on how interested peoples to bitcoin if many people think bitcoin is great currency for the future maybe increase the value of bitcoin
it all depends on the mass argue later.
i agree with this because if in 20 years later, just few people will use bitcoin then its not make sense that bitcoin will be a great currency but if from now on, we spread the news about bitcoin into every place over the world, then i am sure that in just 5 years from now, people will be change their view from fiat into crypto currency and will try to using crypto currency especially bitcoin as their payment to buy something or to pay something. |
|
|
|
There is a small amount of people who know what bitcoin is and a smaller that actually use it , the number of people who will be using bitcoin by 2022 is tied to the number of big serveries providers like supermarkets gas station all of the regular places that you go to to spend your money accepting bitcoin as of right now only private companys and small businesses accept that and i don't think that governmental facilities will accept and that is due to the fact that governments can't control bitcoin because of how much it is dicentralized so by 2022 if the price keeps going up there will be few who use it
We are just too ambitious to believe that it will be use by everyone in the future, we have to admit that we are only few in this world who adopt bitcoin. Our move now is just to help achieve good adoption rate. its still 6 years later until we see this will be happen or not, and we need to be patient for this because if we make mass adopting in our city and asked every friends we have to know and start to using bitcoin, then in just 6 years, bitcoin will be used by almost everyone and i am sure about it. but if its just we can start together by the city we lived. |
|
|
|
|
Show Posts
