I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
Day trading is a skill, I am one of the day traders who can earn 1%-10% daily. The reason why I can easily grow my investment is because I have enough knowledge to perform cryptocurrency trading well. |
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Hi everyone, I'm just start trading and I don't have too much experience in chart or technical analyse. So I joined some signal groups with monthly fee. Is it good, in your opnion? I hear about Alanmaster and his VIP signal, anyone hear about him or join his VIP member. Since I want to try so it's good if I have some feedback about it. Thanks  I think it is not a good idea because most of the group who are not giving reliable information. It is really better if you will use your knowledge in order for you to know when is the right time to buy or to sell. |
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I think one of the reason why we should do long term investment with bitcoins is because of the profitability of the bitcoin. It is true that the value of the bitcoin is continuing to grow up as time passing by. There are a lot opportunities that we can get by holding our bitcoins.
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Why we should hold? It is because Ethereum has a bright future! If you will observe the different ICOs nowadays, you will find out that most of them are using the blockchain of Ethreum. We should be aware on what are the benefits that we can get from buying and using Ethreum.
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You can know when is the perfect time to buy if you will analyze the chart of the bitcoin. Technical analysis is the very useful tool that you can use for you to know when is the right time to buy and sell bitcoins.
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Its no longer news that an ICO in Japan has lost over $400 million to hackers. They promised to pay back investors who invested in their ICO. Thsi is a huge loss. After I read that news, I began to wonder. How safe is Bitcoin and Other altcoins? What measures should we take to avoid being hacked ?
Scammers and hackers are one of the reasons why cryptocurrencies are extremely risky investment. Before we put our money, we should have a lot of knowledge about what is happening for us to secure our profits. |
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
I prefer to you to try to make investment with cryptocurrency. It is a good idea to put the 20% of your savings in the cryptocurrency market. There are now manybgood investment that you can do in order to grow your capital. |
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I prefer to you to use trading and not gambling, you can't sure that you will earn money from gambling because gambling is base on your luck. In trading cryptocurrency, you can ensure that you will earn money through the use of your skills and knowledge.
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Hi,
there are so many cryptos and I find it hard to identify the ones where I should have a closer look.
Obviously one can find cryptos e.g. by listening to shilling on Reddit. But I'm looking for more professional sources like YouTube channels, free/ paid Telegram/Discord groups and so on. What do you use?
You can easily find good altcoins by researching, I prefer to you to just choose between 1 - 50 altcoins in coinmarketcap.com . Those top 50 altcoins are the most promising and profitable coins in the cryptocurrency market. |
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I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
The transaction should be improve, we all know that the bitcoin is created for us to have better and faster transaction but there still times that traffic occurs in bitcoin transaction. There are also bugs that should be remove in the bitcoin. |
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In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
Bitcoin has a bright future! People are keep patronizing bitcoins because they know how powerful is the blockchain technology. The blockchain technology is the reason why the payment system is becoming more faster and better than before. |
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Why, until now, government all over the world still doesn't trust bitcoin?
The government should create regulations about cryptocurrencies for them to protect their citizens from greedy persons. There are many scammers and hackers and the government can protect their citizens by creating many regulations. |
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Hello guys, To me, it seems pretty strange that people actually continues buying btc now... I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now? I don't get it. Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?). The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue. An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease. Other issues: - security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...). I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks. The bitcoin investment became popular in all social media accounts because there are now many users of bitcoin who became rich. People are keep buying bitcoins because bitcoin prove that it has good stability. |
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The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.
It is important to face risks for us to become successful person. We should be risk taker because there is a high chance that we can easiky fulfill our dreams. Do not be afraid to face the risks. |
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Do you think it will be the best time to sell as there are two kind of speculations one says the value of bitcoin will reach $20,000 by 2018 and there are also speculations that the bitcoin might go through a dump in upcoming days but i know we cannot believe into random predictions by random users due to the volatility of bitcoin but i need some suggestions whether to hold on to bitcoin or sell it out and invest some of it into altcoins and then wait for the price drop to reinvest into bitcoin which i am not sure will happen or not.
No! This time is not yet the best time to sell our bitcoins. You will lose your chance to earn more money if you will now sell all of your bitcoins. The bitcoin is still gaining more fame and power. I am sure that it will become more valuable in the following years. |
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Hello guys. I just want to ask for your opinion or an advice. I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  . Some coins are still in hold. I just want to ask what can you give to me an advice or any learnings about trading. I'm using bittrex. It seems that your skills and strategies is not enough. By studying hard, you can regain all of your losses. It is really hard to make profit from trading due to its volatility of the cryptocurrencies. |
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I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?
You should know how to analyze the graph of particular cryptocurrency for you to find out where is the right time to buy or to sell cryptocurrency. You are a newbie and you should not put all of your money immediately in trading for you to avoid losses. |
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