Patience Is A Trader's Virtue
Although the best investors and traders understand the importance of patience, it is one of the most difficult skills to learn as an investor and trader.
Yes, i agree with you that Patience is a trader's virtue and it is one of the skills that takes time and effort to learn and apply in our trading lifetime. Especially if you are a investor or trader, then it will take almost 20 to 30 investment decisions to master the patience skills in your mindset. If trading is your full time career then it is must to develop the patience skill in you. |
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Ripple is just going up and up, what is the future of ripple. I heard a lot of banks around the world start accepting it.
What would be its price in future.
Yes, the future of ripple is bright as this coin is getting good demand in all the major countries and people are liking to use it. It is payment protocol which is based on RTGS(Real-time Gross Settlement System). I come to know that Ripple is based on Python programming language and it is been increasingly adopted by the banks and payment networks as settlement infrastructure technology which is quite good for the banking system and Big corporate like UBS, and SANTANDER has already started using them. I am expecting to see many banks to adopt it soon and so it is a good option to invest it here. |
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what is gas price?
Gas price is nothing but the transaction fee for single Ethereum transactions. The default gas price is somewhere near to 21000 to 23000 which is equal to 0.00021 Eth ( which is less than $1 ) and If you compare this transaction fee to the bitcoin transactions fee, then Ethereum is quite cheaper and I don't mind to pay higher fee for confirming the transactions, as 1 US Dollar equals to 0.0014 Ethereum which is quite less to pay, than BTC. |
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Hello I am new to crypto currency and would like some advice on coins besides the big three. I was wondering if there were any specific things to look for when deciding on an alt coin. Also i was wondering what exchange is best for these. thanks
Well if you are a newbie here I would request you to first learn and research more about bitcoin and altcoins and try to find out the best ico from their project work, their technology and marketing cycle and offers.Try to think whether investing here in this project would gain you and those owners any big profit or not. Right now there are many coins which are worth buying like Litecoin, Dash, Neocoin, Ripple etc who are having excellent technology on it's back and their marketing cycle is pretty good which makes them worth investing it. |
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Hey, let me open by saying Bitcoin is not stock as I know people will respond in such. I merely use stock as an explanation point. I am in the market and real estate as well as gold. With each of these I can follow some information, though not fool proof, that can give me an idea on what a particular investment might do. I see here on this forum people actually say "think positive Bitcoin will go up". Certainly the confidence people have in btc effects it's price but staying positive is not a magic bullet. Thus far I see people's confidence, volume and news reports are the main driving points behind btc movements do you follow anymore.
Yes, I can understand your point of view, I agree with you to some extent, but I don't think that only these people's confidence in bitcoin is making the bitcoin price move to $17000. Of course, there are some group of big guys and professional traders and big institutions who are playing along with the people's confidence and will make a profit once they booked it.Recently the china's ban on ico was a good example where the pullback from $6000 to $3000 made people think about the crash but from their, the bitcoin price moved higher and higher to $17000 price level.And it was all because of Big guys support and promoter's holding. |
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Each and every trader has his own different trading style depending on their trading timeframe and trading approach. If you are an intraday trader and expecting some intraday tips from me then i would tell that you better use dow theory in intraday trading which really has good profit potential and also try to trade with the daily and weekly trend in action coins. For delivery trading, you better go for Multi timeframe analysis which is called top-down approach or bottom-up approach, which is having good potential to give you good trades with a bigger profit margin.
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I hold some different cheap coins now in coins markets exchange just worth of 0.02btc in total.
Should i sell it now or just hold since bitcoin now continuously moving up.
Which better I do.
Well, to be honest, I don't think holding those Altcoins will give you some earnings for next few months.It all depends on the what coins you are holding are they worth holding or not, only their valuation and demand in the market will tell us. It is better you sell at the current market price and then invest those BTC into some demanding coins like Ethereum, Litecoin, Dash, Neocoin etc and then hold till you get your expected returns. |
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Trading is not a difficult to deal with till there is a good momentum and strong trend is present in the trading product. In bitcoin there are ups and down like something of about $1000 to $1200 per day where you can trade and earn profit of minimum 500 to 600 trending points if you trade according to the intraday trend. Infact in trending and high volatile period you can make good income rather than sideways trending period, so better make use of it the most.
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Hi friends. I need advice.... Do you thing is good moment today for buy BTC and then buy LTC? Or I should wait? Thank you for your inputs!
YES, i agree that today is the good moment to buy bitcoin as the trend is still going smoother and there is some more room left in the running uptrend. You may consider entering on dips and then hold your bitcoins for another next big rally.In case of litecoin too you can buy and hold for long term, but you here the volatility and the spread is little big so trade short term in litecoin and exit with big profit margin otherwise because of high spread you won't be profited in big way. |
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It's a great idea to pay the salary of the employees in bitcoin as it would a great positive sign for both the company and employees. Japan is really taking bitcoin in a serious manner and they are taking every necessary step for making bitcoin as their national currency as they are loving it. I hope it will also boost their economy to some extent and slowly bitcoin will be using by each and every single citizen of japan for their day today expenditures.
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I don't know why are you wishing to go at $6000 levels, which I don't think it is possible to do now, as the demand of the bitcoin and other cryptocurrency are rising higher and higher day by day. Only major events like any shortage of supply or huge ransomware virus attack all over the world or ban of Bitcoin in major countries like the USA, UK or Australia can make the $6000 price level visible on bitcoin price chart.
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You are talking about exchanges and not the wallet. Exchanges are different from wallet where the coins are traded for dollars and wallets are used for storing those particular coins.I normally use Zebpay for wallet services as they offer good buying and selling price with zebpay to zebpay users charges are free and they are working pretty good in our Indian country with good customer care service from them.Apart from that you can also use hardware wallets like Trezor, Ledger Nano S.
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25k to spend for short-term investing or long-term investment is a good idea, you could have also added coins like litecoin, neocoin, dash mean to say that you could have added 2 to 3 more instead of 3 alone. If you are picking for long-term investment then always try to pick the crypto coins which have good demand and trend in action along with that see that their technology is up to the mark and have some great scope for the coming years.
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I have been investing in a bunch of different coins for a while now, mainly BTC, ETH, LTC, and some other lesser-known coins. I have a lot of different coins in my portfolio to stabilize/reduce risk.
I love the gains that these coins provide. I never panic-sell, and always hodl and buy low. That has been my simple strategy.
However, I have a problem - how do I train myself to know when to cash out?
For instance, last night the BTC price was high (18K), and ETH/LTC price were low.
I could have cashed out then, and invested in ETH/LTC, which are seeing a nice pump now.
How do you know when to cash out??
Right now the only time I cash out is when I need to money to buy a gift or something.
Ok so your problem is in exit or cashout, see for that you must first have a good trade plan and exit strategies in your plan. There are many ways to exit from a trade, you can choose to exit from an investment trade if you have reached your expected returns of the target or if you have hit maximum stop loss.Make some kind of technical strategy for exiting something like 3SMA crossing 12SMA. |
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I agree that bitcoin is really on a steroid because of the way it is moving up day by day. Many professional crypto traders already predicted this price level a few months back, but they never expected that this price level will be coming at lightning speed. Now it has been tough for the predictors to predict whether how much price will it attain by the year 2017 end and how much time will it take to reach over there. But yes I can say that it will touch to $20,000 by the year ends.
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There's a new block that we're expecting about a new two fork for btc I still don't know what the name for this but what you think about this co-bitcoiners let me hear your thoughts.
New block to be expected for the upcoming fork but even i don't know when is the next fork coming as I nowadays rarely trade forks and for forks i always use new wallet for storage purposes, because after the bitcoin Diamond scam I don't like to trade them with my regular wallet. I always try the fork with new wallet where the chances of getting hacked is less. |
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The lite coin is one of the strong demanded and highly valued crypto coin which has a strong future in coming years. And the pump in Litecoin is due to various factors like demand in bitcoin increases the demand in Litecoin as they are directly proportional to each other. Here the trend in litecoin has just started and the patterns like rounding bottom has made the Ltc/usd more volatile and has increase the income for both day traders and short term traders.
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Yes, I do agree that Bitcoin is the king and Ethereum is the queen of cryptocurrency market as they are the most demanded a crypto coin in today's world. People are liking the concept and technology behind the Bitcoin and Ethereum, and it is the Ethereum which is ruling 90% of the transactions that are occurring in Generation of ICO's and other coins. It is the right time to invest here in Ethereum as it has very long way to go.
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I have x LTC on Bitfinex and in leonArdo Balance is allways 0
(tried with exchange, trading, deposit account)
thx
Hi jenneh, It looks like you might not have checked the wallet checkbox when you set up your API key. Can you check that?) |
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Password on archive: leonardo
thanks !!!
yes! |
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