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1341  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: August 30, 2017, 08:19:38 AM
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?

Come share your thoughts

in my opinion, it would be better to keep bitcoin in the long time. especially if we have many of bitcoin stock in our wallets. we see backward, how the value of bitcoin is increasing every year until now. the possibility of rising for the coming years is also very likely. so save your bitcoin and wait until the value is really high.
I will give the same piece of advice. Bitcoins will soon become the rare commodity of the world and after few years, it would be really very hard to own bitcoins. This is best time of grabbing bitcoins to enjoy a luxurious future. I am myself working on this strategy because I believe in the potential of bitcoins for producing grand profits.
1342  Economy / Economics / Re: Bitcoin the new gold on: August 30, 2017, 08:08:08 AM
exactly, day by day Bitcoin is gaining its ground by providing a massive amount of profit. once upon a time when gold was the only factor of saving. but in the modern technological arena Bitcoin is being considered as the most profitable system. so that I think day by day Bitcoin is being replaced of gold as a saving tool. that is why it can be said that Bitcoin is the new gold. nowadays Bitcoin is more valuable than gold. today its price is almost beyond 4thousand USD. so it is very clear that Bitcoin can be considered as the new gold.
Come on, boy! You could have explained all this in few words. There is too much repetition. Yeah! We all know that bitcoins are latest and most effective way of saving your capital and it has successfully replaced gold in the market especially in developed world. Bitcoins volatile nature is giving them an edge over gold.
1343  Economy / Trading Discussion / Re: How to know about next pump? on: August 28, 2017, 09:20:50 PM
I am keen to know how to find which coin is going to get pumped next and when.
Is it possible to know for sure?has anyone here predicted accurately about next pump?
Knowing when the next pump of bitcoin is vey difficult to know due to its volatility. Even the experts did not know when it pumps. But may be it has a very small clue or something hint to predict but it is not very sure that it will be happen. May be you just always check and read the info about this.


 I don’t think so we really need the exact predictions about the pumping and dumping phases of the bitcoins.  Bitcoins are always producing great results after every dumping phase, so we just need to hold our bitcoins into wallets. I am never worried about the volatility of the bitcoins because no matter what happen, at the end bitcoins always make us happy , and hold it now because there are more chances of pumping it's price.
1344  Economy / Trading Discussion / Re: When do YOU sell? on: August 28, 2017, 09:09:27 PM
First of all you need a strategy.
If you don't have one - you are a gambler, not a trader.
That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling.

Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future.
It really depends on the trader if he will sell it for short term or if he will sell it for long term. There is a lot of kind of traders so it is not always short term and there are still traders that prefer long term trading so they can earn more money so they cannot miss the opportunity to sell at the moon and not on a launching of the rocket.

You have a good analogy about the price going to the moon and the launching of the rocket. I feel really comfortable with short term trading and just targeting like 2.8% gain per trade.. although it is not that big gains but it is better than waiting for quite some time to get like 20-305 gains.. Although I agree that it is its own preference and I highly advice traders to determine where they are comfortable trading and stick with it.
I think its vary P2P. About me, my strategy is -Buy and Hold, never cash out! As highly believe that, crypto is going to explode soon. More and more people are joining everyday. This is so positive. Massive things are coming, just don't buy into hype.
Selling and resisting strategy is one of the most able to produce, where when we buy a low price some time to come certainly the price will soon rise to a higher level. Because in the world of cyptocurrency can not be predicted the movement of the price.
Yes, it is really hard to predict the movements of the crypto market. The market keeps on fluctuating and is hard to understand. The best way is to stay passive and observe the movements of your coins and jump into the game when prices are really up to enjoy its profit.
1345  Economy / Trading Discussion / Re: How do you manage ur emotions? on: August 28, 2017, 08:39:39 PM
You shoud start trading with small amount. Keep on doing and make a habit of experiencing loss to control your own emotions. If you start trading with a huge amount, you will most likely be discouraged or eventually stop trading when you experience loss.
That is a good way of getting rid of tensions of losses. But I have another way as well. Use different kind of strategies on lower level of trading. Try to invest that much amount of which you can afford the loss. And try to discuss it with someone trust worthy. Sharing will keep you relaxed. Try to be more social. And whenever you get any loss just let it go and be positive.
Train yourself as often as possible , so you will get used to it yeaaa.
You could directly uses a huge amount as long as you can afford to lose it.
Always take a break for a while after you get a nice profit or when you get a bad move.
Take a break if you are not doing well but if you are getting consistent profit then continue what you are doing.
It's very important to take a break when we are losing so we could analyze what are our mistakes and on a timely manner we will be able to adjust it to make it work again. Not all the time we make profit, that's part of the journey, therefore it's needed to adjust every time we lose.
In other words it is could be called as greedy when you doing good and continue it without plan.
Better to take a break in both situations , otherwise things could went worse.
That's based on my own personal experience which so far so helpful when i keep doing it.

If we have a plan, we can combat the FUD and other emotional and no reason betting or trading. Pre-planned trade and gambling is the key to get away with rage betting and trading because with a plan, no emotions are really much involved - unless you will become emotional on the process and don't follow your plan.
Yes, working with proper plans is never risky. Those who work without plans often face failures whereas people with good strategies and back up plans never get emotional and have good command over their emotions. Though it is hard to ignore emotions but in business, there is no space for emotions.
1346  Economy / Trading Discussion / Re: What is the best coin to buy today? on: August 27, 2017, 09:18:03 PM
What is the best coin to buy today?  So many good coins.. sometimes I have hard time thinking what's the best coin to buy.
you can trying trade in populer coin like Ethereum because they have big volume in any exchange.
Among altcoins, eth is a nice choice since it has great support and potential too to pump high in the coming few days. As far as the best coin is concerned, it is as usual bitcoin. What bitcoin can give you and offers it is not the tendency of any other digital currency. I will invest all my savings into bitcoins.



1347  Economy / Trading Discussion / Re: When sell ETH for BTC? on: August 27, 2017, 09:11:01 PM
Why did you sell your ETH for BTC? ETH is about to pump in the next few weeks. I guess its from the ETH price 0.077BTC to 0.2BTC thats more than 2X. Then sell from the TOP. Now you have 2X more BTC.
I did not think so he did anything wrong. Eth is nothing as compared to bitcoins and selling them off for bitcoins is quite smart move. Even if the eth pumps in coming weeks, it will still be less in worth than bitcoins. It is never bad or regretful to invest into bitcoins especially with these altcoins.
1348  Economy / Trading Discussion / Re: My story so far on: August 27, 2017, 08:33:49 PM
What I am doing now is trade my BTC with the current pumping coins. Now the current pumping ones are XMR , DASH and LSK (you mentioned it as shitcoin). I just ride my BTC there and waiting for the next moon. Rinse and repeat.
Are you crazy? Seriously you are trading your bitcoins for these kiddo coins. These coins no matter how hard pump, they can’t produce profits like bitcoins. You should consider yourself lucky if you are holding bitcoins because many are working hard to won biotins. Bitcoins are not meant to be traded for these little altcoins.
 
1349  Economy / Trading Discussion / Re: Btc = you make me tired on: August 27, 2017, 08:25:49 PM
I feel you man. I got tired of trading and went into altcoin mining but ended up being tired as ever.

But its a wonderful tired feeling when at the end of the day you did some right trades or you optimized your miner correctly. Gotta love crypto. Its my way to financial freedom.
  This is how crypto world works! It is never easy to earn money no matter what method you are trying or which currency you working for or working with. For me, the convenient method is to hold bitcoins and by staying passive, enjoy big returns during the pump season. Mining is really very hectic.
  
1350  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: August 26, 2017, 11:40:22 AM
That actually depends on the market, because there is still a chance that value will go down in the future but for now with the current value of bitcoin - i think it is better to hold it for a long a time.
Yeah holding for long time is better for maximum profit. But not holding so long like many years, try to spend your bitcion time by time, because bitcoin is made to make its users life happy, so your life become happy when you fulfill your desires so try to fulfill your desires by bitcoin, do not spend all of your bitcoin try to save it for future.
1351  Economy / Trading Discussion / Re: Day trade or Hodling on: August 26, 2017, 11:20:50 AM
Holding is the most profitable decision. In the event that you hold for a drawn out stretch of time and are patient to hold up, you can get enormous profits for your speculation, If you picked the privilege coin.If you do day exchanging, first find out about it since it's so hazardous for beginner dealers
Yeah. nice words, and I believe that people should get maximum lesson from it. But why so curious and hazardous about beginner dealers? I saw many beginners who earn a lot more than any senior traders just because they enter into trading with great knowledge and they work smartly, and yeah holding is also better option for many peoples who want profit with respect to their earnings.
1352  Economy / Trading Discussion / Re: Beginner trader on: August 26, 2017, 11:11:52 AM
This are the qualities that i really need before i proceed with my plan of investment. As a trader, you need a budget and skills to manage your investment.


Which coins exchange is the best choice for begginer trader??
Everything is good . As long as you have the money or the budget everything will be good and everything will be okay for you. You just need to research for it first or need to watch it on youtube first before investing. Thats why people are being losin their money because they doesnt research for it first.
Yes skills and knowledge are very important for trading and if you want to make money with trading then you have to be expert. Well you said budget is also important but I think budget is not that much important, all you need is a sufficient amount of bitcoin that you can easily be recover when you loss, do not put all you bitcoin in trading, I could result in worse. But if those are more expert in trading it depend on them to put all or not.
1353  Economy / Trading Discussion / Re: Trading altcoin and holding bitcoin which one is more profitable? on: August 26, 2017, 06:10:51 AM
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?


Yes of course saving is always a good thing to do in the crypto world, because everything here gets value as the time passes. However, you can consider yourself trading altcoins as well after getting to know how to do it and what to do with it. You can trade hundreds of coins daily from the exchanger list and you can get profited, which you can later put into your bitcoin wallet and benefit double. So in your life you will have to invest fiat currency only once and then go on trading, earning profits, and then sending back those profits to your wallet and then reinvesting the cycle again. It will help you generate revenue in long term for sure.
Well pretty good options and well advices. I think you said that all things are good, like trading alt coins and savings bitcoin all are good, all we need is and experience and knowledge to get involved on this. Can you suggest some of the trading platform for bitcoin, because I have pretty much amount of bitcoin, and I love our advice and I think I also have to start working for trading now and gather maximum amount of bitcoin.
1354  Economy / Trading Discussion / Re: how to start trading with a very small amount on: August 26, 2017, 04:52:02 AM
As a newbie, they recommend me taking a look on the coinmarketcap. It's always important to watch out altcoins with high volume.
Who recommend you to do this? Is he a trader or someone else? I ask this because for trading advices you must take information form the senior traders, do not waste your time on anyone else advises other than real trader. And I believe that someday you will start trading by your own, but first you have to make sufficient amount of bitcoin.
1355  Economy / Trading Discussion / Re: Do I hold? on: August 25, 2017, 06:55:08 PM
we all have difference belief when it comes of crypto currencies some of us we secured our profit and exchange it into fiat since we have too much expectation about bitcoin price don't follow the others about the suggestion always follow your heart as long as you can get another profit then better to withdraw and spend them to emergency cases By holding investments then you should choose the altcoins that will increase with in a week.
It is not advisable to be panicked and impatient with bitcoins. This will simply put you in loss. Bitcoins do sometimes dump hard but instead of taking stress, treat it as an opportunity of buying more bitcoins for future purpose. Bitcoins are the future of the world and will soon be legal around the globe then why we need to think about selling it.

No one can hold all this earning/investments as life may demand something time to time. We must try to save as much as possible as "saving always works" for better future.
Golden advise brother, I also think that bitcoin is the future of our world, right now I’m always finding a good ways to buy bitcoin or to earn bitcoin, but you know this world full of bad peoples, they always use bitcoin in crimes and other corruption stuff and because of this bitcoin become irrelevant in society, but I hope bitcoin assistants must take some serious steps to make bitcoin legal in world.
1356  Economy / Trading Discussion / Re: Where to learn how to trade on: August 25, 2017, 06:46:41 PM
This is one of my goals on joining bitcoin forum is to learn to trade cryptocurrencies, token and other coins, i really want to know how, it's really hard if you will just jump or dive in the field of trading without even learning things about, from the other posters, thank you for some advice, i will gladly try it all.
I also come on this forum to learn about trade and basic things of cryptocurrencies, and when I visit this forum a I came know that there is a whole new world live here who is just talk about bitcoin and other altcoin, before visiting this forum I though no one cares about these cryptocurrencies, but now I thought I was wrong at that time, there are many peoples who devote all their life to get bitcoin.
1357  Economy / Trading Discussion / Re: How do you decide when it's time to sell? on: August 25, 2017, 06:08:42 PM
It always depends on things that will affect your decision, Do you really the money? for emergency, then sell it. Emotion can affect your decision too, do you think this is the peak of the price of bitcoin? Then sell it. For me , i am selling my bitcoin when i need airtime mobile load, or when i need to pay my bills exactly, or when i think the price is right i will sell it for me to not regret not selling my bitcoin. It really depends on your emotion and needs.
well you tell all the good time for selling and I agreed with all of these fact that you write. The problem is how to decide the peak price, the traders are the only one who predict the peak price because he I expert in graph reading. A normal man like you and me can never predict that, but as you said when you feel it is peak price then sell, it is a good option and I agree.
1358  Economy / Trading Discussion / Re: Is Shorting profitable??? on: August 25, 2017, 05:35:22 PM
What is shorting? Please explain it to me.

Is it like this?
Buy Altcoins and sell immediately after a little bit and fall back a little and buy again? I earned it here but I'm going to go for a ride because I'm getting hit and getting caught up so I do not want to repeat it anymore. is that so ?
Yes you are right in some way but let me clear you about shorting, it is a kind of trading in which you do work quickly I mean just you said buy and sell immediately when price rise, sell when they predict that prices will down very soon. Actually it is a trading for expert, a simple person like you and me can never so this and if we do we go in loss because for this you need an extra knowledge and experience.
1359  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: August 24, 2017, 08:34:04 PM
This is a wrong assumption, many people say bitcoin is an instant way to rich, I say no, those rich of bitcoin certainly dare to take risks, only people who dare to take a risk will successful.
Yes, risk is main thing to keep in mind while running behind success. We see people rich and think that they had some kind of magic or what that made them rich in instant. But no that’s not the right thing. They struggled in their life. They worked hard to reach their destination. Bitcoin is no doubt a work that seems easy that we can do while sitting at home but believe me even this work is not easy. It also needs time to make you better.
 
1360  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: August 24, 2017, 08:27:00 PM
Because bitcoin can kill taxes, can use for illegal things like crimes (hire hitman, buy guns, drugs, nearly extinct animals, or some weird sh*t in black market), ransoms on computer (ransomware), un-trackable transactions and easy to scam or hack the wallet if you didn't take security methods.
These are some flaws of bitcoin that can also be reduced. And the main reason for countries not supporting bitcoin is taxes. Tax is something that a country rely on. Their financial asset is only taxes that they get from people of nation. And I would like to tell you another thing as well, that is banks. Banks don’t want bitcoin to survive. If bitcoin survives, their work will be finished forever and people will stop using banks because their money will always be save in shape of bitcoin.
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