Now is the best time to buy bitcoin as the buying momentum is very high. Many traders are converting there altcoins currently because of the fort coming hardfork issue. Though bitcoin gold is not as popular as when we have the last splitting. I will advise you to be ready to buy more altcoins in days to come as fund will flow back to altcoins markets. This is the circle of this market, we should also expect bitcoin to cross $5000 before the end of this week as the market is now in it favor.
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Tokens can be sold on the exchange after the second stage, and this in December 2017
It then mean one has to live his investment for over 2 month before making any decisions to sell or hold? I will try to study the white paper to see if I can invest in. I don't know if you people offer a referral program so I can advertise to others to invest in this project and get some token. Never the less I wish this project great success as am currently promoting you.
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It depends on what you can afford and the level of you risk torelant. If bitcoin trading is what you want to invest in then I will advise you to start spending time to lean and develop your skills and knowledge first then invest in trading platforms like poloniex and bittrex that accepts few satoshi as investment and invest few coins that you can afford to lose.
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I don't think adaptation of bitcoin all over the world will prevent increase in its pricing. I have been said this several times that we need the positive and negative comments for us to be able to get balance in bitcoin. If all the comments about bitcoin is positive then price will get to the level were nobody will be able to buy and that will be the end of bitcoin. Negative comments and news help to bring about price correlation that will lead to stability in price.
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This is a great lose and I really sympathize with you. 95bitcoin is a very huge amount of money especially if you are from the Third World countries. However we should try to do everything to secure our coin as this is more important to us than make or holding bitcoin. I find out that bitcoin is one of the most valuable assets we can hold now and since is valuable we must do everything to safeguard it.
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I have been in trading and now I want to learn the process of mining. My questions are as follows: can I mining any coins with phone, were do I start from, which coins will you recommend for me and which software will I need to download? Please your comments will be appreciated.
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Now we see all altcoins in blood. Why? Everybody sells their altcoins and buy BTC, because SegWit2x is coming. So, don't worry and just #hodl !
I will hold my altcoins and use my fiat to buy more bitcoin as history always repeat it self. Many people who buy bitcoin during the last August sigwit activation has the values of they coins double after the activation. Segwit2x activation is around the corner and buy bitcoin now is the right thing to do. I will also advise every one to hold they altcoins as during taking profits, coins is going to flow back to altcoins.
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I see altcoins price is down recently but when i see XEM it's Quite interesting because the price keeps rising as others go down So are this my chance to get profit by this coin ? Please your opinion
Xem has been doing well from the beginning and it is still doing well now. I will always advise new traders to buy those currency that are very cheap at the moment as this is the only way to get rich in the coins market. Xem is one of those coins that will go as high as $10 in days to come and buy it now and keep on holding is the right thing to do. Though most times when you see a coin going up when others are going down it is a sign of pumping and dumping group trying to get good profit from the market.
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Of a truth I have bought many coins and I only lose in two of them all. I have been trading forex before investing into crypto coins trading especially altcoins and I think there is a great opportunity in altcoins trading than every others trading assets including penny stocks. I have seen some coin rise as high as 400 % in just a week. I have also making over 200% in just a week investing in lisk around April this year. I think altcoins is very profitable especially if you buy at the right time.
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Bitcoin has out perform every other illiquid assets and it take few years to get to were it is today. I have been trading forex and commodities and I have never get good return the way I got from bitcoin. I have seen that buying bitcoin at any time now is good as in years to come ,were we are today will be like a child's play compare to were we would be in 5 to 10 years to come. We cannot really said this in Stock and other assets.
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Are you using Fibonacci indicator for charting. Is it effective?
Fibonacci indicators are very effective especially if you are using it to spot support and resistance level and spotting of trend. I have studying it in 2008 when I learned how to trade forex and stocks and since then I have been using it to confirm support and resistance level and it has been very effective. Though there is no any indicators that can accurately predict the market! Fib can get your accuracy near 80% if you follow it's rules.
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i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?
you should never thing that bitcoin will completely wiped out fiat money like dollars but we should expect a significant drop on how people use fiat money. Bitcoin is the money of the internet and many people do not have access to internet therefore we should expect many people to use fiat. Governments also issued bitcoin with it backing power and we should not expect them to just adop a money that they will not have control over. Fiat will never be do away from our societies because of the foregoing reasons.
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No matter how Golos seen to be a good project to you and you have loved of promoting this project I think it is too risk to put all your coins into one project. To actually make it in cryptocoin trading you most put your investment into many coins. Golos seen good and since you want to invest in it you should just put about 30% of coins into it.Investment in crypto currencies is very risk venture therefore putting all your egg in one basket is too risky to take.
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Here is a good explanation of what is happening and not happening with the exchange ban. Essentially Chinese authorities are consolidating the industry with the intent to regulate and dominate. Definitely not banning as the FUD would lead you to believe. This is from the perspective of a western business man, having had companies in China. HuoBi & OKCoin Chinese Cryptocurrency Exchanges will NOT Close, Digital Yuan to Commence https://www.youtube.com/watch?v=RWz1EHN8NdsChinese regulations authority will not ban bitcoin! We have been saying this several times and many whales has seen this as an opportunity to dump bitcoin and later buy at a cheaper price. If we should read in between line we would find out that bitcoin has not be banned and China government might has just taken some steps to bring bitcoin under the control of its agencies.
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Chinese regulations authority did no forbidden bitcoin reither they trying to block the way of scammers and fraudulent individuals not to used the loop hole create by unregulated blockchain systems to scams its citizens. I will also said here that bitcoin has a bright future and of a truth bitcoin is the future of money. You want to be among the rich people in future then invest in bitcoin and altcoins now.
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I will advise you to go for bitcoin Atm as this is more secure and if you are using large amount coinbase is one of the best way to cash out your bitcoin.fraudulent activities has limit our trust online and many people have been scam using localbitcoin and other means of cash out. I always sell my coins through faces to faces and this has worked perfectly for me.
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What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin Will price of bitcoin go down Will new coin get popularity like bch I think bitcoin core has proved to all those splitting from it that it has no competitors and that the more the split the more popular bitcoin become. I have been following this market for quite a long time and I think most of the hard fork favour bitcoin core. We were below $1900 when the last hard fork and splitting happen august this year but today we are above $4000. October 25 hard fork or splitting will push the price up to $7,000 and I don't think the new coin will be popular like bitcoin cash.
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In trading I don't think we have accurate systems and we should adjust our minds to this reality. Both bitcoin and stock has the same emotional habit around them and as a long time forex trading I can categorically tell you that there is no much different between bitcoin trading and stock or forex trading. I do trade using candlesticks formation and pattern and I have never allow myself to be move by the rumors that control traders mind. Pin bar candlesticks formation is one of my best trading signal both to open a positions or to close an orders, it stand as a support and resistance level and you can use it as a trend reversal point. Some people use moving average to determine when to buy or sell in altcoins or bitcoin trading and they also has some accuracy. Trading is a game of skills and knowledge and it is your skills that determines how much you make both on stock, forex or bitcoin.
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Any ideas on how to spot a bitcoin scam?
The best way to stop being scam by a scammer is to stop be greedy. I have lose money to scammer before and I know how bad it is especially when someone use a system like bitcoin to scam you! I have decided to only put my bitcoin in something worthwhile and never to be tempted by the bogus return being promise by most bitcoin investments returned by scammers. If we want to stop the activities of fraud star then we have to stop patronise any idea that is to good to be truth.
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Greed is really reasons why many of us the traders lose heavyly in trading. I have read many stories on how many people have make great profits from their cyptocoins investment and one thing I have find in common is that there are not greedy people, their invest with open mind and into something worldwide. Many has also lose their hard earned money through investment because of greed and fast profits ideas.
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