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Topic: For all you new traders out there. (Read 661 times)
Vince Torres
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For all you new traders out there.
June 14, 2011, 09:17:46 PM
#1
Bitcoins are like a stock market. The prices go up and down throughout the day. Unlike a stock market though; the markets never close. Therefore the prices can continue to fluctuate during times where you are unaware of the market change, sleep etc. This is why I highly recommend for all traders to buy at 48hr low and sell at medium range for minimal risk. Do not buy at 48hr high unless you are willing to lose your entire investment.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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deadon
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Re: For all you new traders out there.
June 14, 2011, 10:48:36 PM
#2
Thanks!
done
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Re: For all you new traders out there.
June 15, 2011, 12:16:57 AM
#3
btc excellent advice
Wizard-Ninja
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Re: For all you new traders out there.
June 15, 2011, 03:45:54 AM
#4
For some reason, a lot of people don't realize things as seemingly simple as this. But then again, I guess most people aren't too familiar with markets like that.
-Wizard-Ninja-
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