I feel like i miss the boat or missing the even bigger one.  As i want to develop new skills on trading i would like to know more about trader sources. What sites they use or which news sources they follow. And is there any book e-book you can advice? Thank you all answers! I believe the best source of information on trading is here on bitcointalk forum. There are a lot of threads dedicated to answering questions such as this . You can also gain by knowledge by going through articles on Google. Searching of bitcoin on Google generates a lot of sites that can help you with trading. |
|
|
|
|
The price of bitcoin moved very high this year and we hope for that in the coming year. If bitcoin should move next year as it moved this year, I speculate that by the end of 2018, the price of bitcoin should around $50000 as there will more users of bitcoin, it is certain the market cap of bitcoin will go higher
|
|
|
|
Does Social Media Influence bitcoin growth?
Yes, social media does influence the growth of bitcoin. Social media are platforms on which information is being spread. You can get to ,read so many articles about a particular topic. If more people get to know of bitcoin through social media, it means there is high chance of having more bitcoiners in the market.
|
|
|
|
|
Bitcoin as a currency or as an asset depends on how we view its uses. Bitcoin to some people is a currency that can be used to pay for goods and services, settlement of debt and so on while others view it as an asset that can be kept somewhere for a very long time to yield interest.
There is no defined use of bitcoin, it all depends on how we view it
|
|
|
|
|
I'd advise you to buy bitcoins now, the prices are high but they have the potential to grow higher than this. It is being speculated by most people, the price of bitcoin will reach $20000 before the end of the year.
I wouldn't advise you to venture into litecoin, if you will venture into any other coin apart from bitcoin , it should be Ethereum. Ethereum has better market cap than litecoin.
|
|
|
|
|
I have been using blockchain and coinbase for a more than a year now and I can say they have been the best and most secured bitcoin wallet.I don't know what makes you want to create another wallet but I'd recommend Tregor. It's another wallet with very high security.
|
|
|
|
|
Day trading is very risky nowadays. This is actually due to the volatility nature of bitcoin. The price of bitcoin rise and fall so many times in a day so practising day trading is not advisable only if you understand the ethics of day trading so well you can trade with falling into loss.
I'd advise you to just hold your btc over a period of time.
|
|
|
|
|
There is actually no minimum amount of btc to used in trading. Any amount will do but it depends on your goals and the amount of time you are willing to give into it. If you have, lets say 0.001btc, and you are willing to trade for 6 months, you wouldn't get the same interest ad if you trade with 0.01btc for the same number of months..
Anyways, most trading platforms accept 0.001-0.005 btc as the minimum amount of btc that can be used for trading.
|
|
|
|
So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?
Your friend has not only repaid his debt, he has also done you a big favor. Most people work very hard to earn such amount but it came to you on a platter of gold. I'd suggest you use the bitcoin as your base bitcoin and then hold for a while, lets say for 3 months, then you can cash out your profit. |
|
|
|
|
I'd say bitcoin is not dangerous. The numerous unique features og bitcoin, such as anonymity, decentralisation, not inflatory and other features, are what make bitcoin to be different from other currencies.
The potentials of bitcoin can only be harnessed effectively if more countries accept bitcoin as a means of payment for goods and services.
|
|
|
|
I am at a point in my my young life where I need to make a decision about my finances. I have a good amount of money saved up in my Robinhood account, and I have been putting it in the stock exchange, making a steady but positive return. Keyword here is positive. I am very conflicted right now because I think I can earn more money trading cryptocurrencies, but the risks are so much greater.
I have a couple good alt-coins in mind that I would like to buy, but don't have the capital because it's all tied up in stocks. Also, is there even a reputable enough exchange that I can put ~$50,000 in and not worry about it getting hacked or stolen? I mean, with stocks, if in the off chance that my account gets hacked, they still need verification before money can be sent, and my money is ensured by the government. With cryptocurrencies, once it's sent, I have zero chance of getting it back.
What should I do. Should I move all my money from stocks to cryptocurrencies? And if I do, which exchanges are reputable enough? I currently use Binance and have only $1000 in there.
I wouldn't advise you to move all your stocks into trading cryptocurrencies because the risk involved are so great. I'd advise you to just get some capital, however little it may be, and trade with it, in few months you will ve able to boast of a substantial amount of money. Concerning a reputable exchange platform, I'd recommend you use Bittrex or Poloniex. They are very good exchange platforms. |
|
|
|
|
It doesn't matter which coin you start with. What really matters is fact that you understand the basics of trading. If you can understand this, you will be able to trade successfully regardless of the coin.
But you can start with bitcoin which you want massive interest in a short time but it is costlier than Ethereum
|
|
|
|
What do you think should be done?
These days bitcoins are not given directly in campaign but tokens are given and very less campaign give bitcoins purely.
What would you do?campaign or trading?
Yeah, it is true that most signature campaigns do not give bitcoins but rather give out token, but then there are still a few that give out bitcoins. Trading is not as easy as it may seem to you. Trading requires a lot of hardwork on the part of the trader. One has to be very careful so as not to fall into the hands of scammers. I'd suggest you stick to doing signature campaigns rather than trading. Just check out the campaigns that give out bitcoins and participate in them. |
|
|
|
|
Hacking by definition is wrong and what makes it illegal is that fact it goes against the laid down rules.
Looking at this issue critically, we realize that calling hacking illegal doesn't make hackers to stop hacking even though it is illegal. So the best thing to do is to keep our account secured.
I'd advise you make use of blockchain wallet if you haven't been using it. It is most secured wallet you can ever find.
|
|
|
|
If I have 0$ at the moment can I make 100$ in 2 or 3 months? How?
What if I deposited 20$ .. Can I make them 100$ in less time?
Without a base money, you can make way more than $100 in less than 3 months by doing any of the following. 1. Participating in a signature campaign. I'd say this is the surest way of earning bitcoins without a base money but you need to make a certain number of constructive posts in a week and you get paid on a weekly basis. 2. Doing online jobs. You get paid in bitcoins by offering your services online. These services maybe website designing, graphics designing , writing and so on Having $20 as base money will make youget more than $100 in three months by just holding it. You constantly and diligently follow the btc/usd exchange chart and then you know when to cash out. |
|
|
|
|
Coinbase may be the biggest cryptocurrency bank by 2020 only if bitcoin remains relevant by then and bitcoin can only remain relevant if more transactions are executed using bitcoin. The only way for bitcoin to remain relevant is by having more people venturing to the bitcoin world.
|
|
|
|
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
Having 1btc is having a lot of money and the decision of how to spend it goes in two ways. 1. If I decide to hold it for a year or two and there is a fall in price of bitcoin, then I will be losing a great deal. 2. The other way round, if I decide to cash it out, then it means I have cashed out my capital bitcoin which could be used as an investment if held for a year or so. So, the best thing to do is to collect half of it and put the remaining to be used as an investment |
|
|
|
|
Getting information about bitcoin isn't a problem at all. You can learn anything concerning bitcoin on so many platforms.
The best way to learn about bitcoin is going through posted threads here on bitcointalk.
You can also go to Google and search for information concerning bitcoin. Here, you will find a lot of website that provide information concerning bitcoin.
If you are diligently follow this through, in the next 2 to 3 weeks, you
must have acquired enough knowledge about bitcoin to work your way around it.
|
|
|
|
|
The volatility of bitcoin is of a great advantage to all and sundry that uses bitcoin. It is this volatility of bitcoin that made it possible for bitcoiners to hold bitcoin and make profits just by holding bitcoin for some time.
|
|
|
|
|
Investing in a particular coin isn't what matters. What actually matters is investing, any coin whatsoever. Investing in any of the coins will surely bring profits so I'd suggest you try out both of them. You may split ur capital into two and hold for a while, as you know bitcoin is already high and Ethereum has the potential to go higher. In this way, you will know which coin to go for probably after 3 months.
|
|
|
|
|
Show Posts
