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Author Topic: Any opinion of trading cryptocurrencies vs penny stock?  (Read 3233 times)
_nur (OP)
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February 15, 2017, 02:19:32 AM
 #1

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?

I mean even bitcoin is an experiment than a $5 stock like $NOK $MNKD
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February 15, 2017, 02:39:18 AM
 #2

i think i am more successful in trading crypto currency than penny stocks since i don't know how to do penny stocks and although doing trading is my first time experience, at least i can learn much from trading and i always thinking how to make profit in trading. i am not make bitcoin as experiment for me, since i know bitcoin from beginning, i only know that bitcoin is a way that can help me to make money, although i don't know how exactly to do it but from time to time i learning much how to make real money with bitcoin and from that, i am being motivated to earning more bitcoin because i want to make money.

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_nur (OP)
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February 15, 2017, 02:45:01 AM
 #3

i think i am more successful in trading crypto currency than penny stocks since i don't know how to do penny stocks and although doing trading is my first time experience, at least i can learn much from trading and i always thinking how to make profit in trading. i am not make bitcoin as experiment for me, since i know bitcoin from beginning, i only know that bitcoin is a way that can help me to make money, although i don't know how exactly to do it but from time to time i learning much how to make real money with bitcoin and from that, i am being motivated to earning more bitcoin because i want to make money.

so your saying to know more than

Bitcoin is still experimental https://bitcoin.org/en/you-need-to-know ?

Bitcoin is an experimental new currency that is in active development. Each improvement makes Bitcoin more appealing but also reveals new challenges as Bitcoin adoption grows. During these growing pains you might encounter increased fees, slower confirmations, or even more severe issues. Be prepared for problems and consult a technical expert before making any major investments, but keep in mind that nobody can predict Bitcoin's future.

you heard of tezos? you should know what problem bitcoin is facing currently,it's politics etc and yet said it's not experiment?
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February 15, 2017, 03:05:19 AM
 #4

i think i am more successful in trading crypto currency than penny stocks since i don't know how to do penny stocks and although doing trading is my first time experience, at least i can learn much from trading and i always thinking how to make profit in trading. i am not make bitcoin as experiment for me, since i know bitcoin from beginning, i only know that bitcoin is a way that can help me to make money, although i don't know how exactly to do it but from time to time i learning much how to make real money with bitcoin and from that, i am being motivated to earning more bitcoin because i want to make money.


Bitcoin is an experimental new currency that is in active development. Each improvement makes Bitcoin more appealing but also reveals new challenges as Bitcoin adoption grows. During these growing pains you might encounter increased fees, slower confirmations, or even more severe issues. Be prepared for problems and consult a technical expert before making any major investments, but keep in mind that nobody can predict Bitcoin's future.

you heard of tezos? you should know what problem bitcoin is facing currently,it's politics etc and yet said it's not experiment?
That's why bitcoin is still needed active development. But what's tezos, I didn't hear it before. The technical experimental of bitcoin has got mentioned by their development. And political and economic argue are in the different place(It's not experimenting).

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February 15, 2017, 03:59:18 AM
 #5

I've traded ONE penny stock before, and it was on a tip.  Never again.  The market is so thin with these things, that you can barely get your order filled, much less get the price you want.  And with these bottom-of-the-barrel altcoins, it's much the same thing.  Unless there's a rally going on, good luck.  I'd stay far, far away from both of these things if I were you.

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_nur (OP)
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February 15, 2017, 04:35:28 AM
 #6

i think i am more successful in trading crypto currency than penny stocks since i don't know how to do penny stocks and although doing trading is my first time experience, at least i can learn much from trading and i always thinking how to make profit in trading. i am not make bitcoin as experiment for me, since i know bitcoin from beginning, i only know that bitcoin is a way that can help me to make money, although i don't know how exactly to do it but from time to time i learning much how to make real money with bitcoin and from that, i am being motivated to earning more bitcoin because i want to make money.


Bitcoin is an experimental new currency that is in active development. Each improvement makes Bitcoin more appealing but also reveals new challenges as Bitcoin adoption grows. During these growing pains you might encounter increased fees, slower confirmations, or even more severe issues. Be prepared for problems and consult a technical expert before making any major investments, but keep in mind that nobody can predict Bitcoin's future.

you heard of tezos? you should know what problem bitcoin is facing currently,it's politics etc and yet said it's not experiment?
That's why bitcoin is still needed active development. But what's tezos, I didn't hear it before. The technical experimental of bitcoin has got mentioned by their development. And political and economic argue are in the different place(It's not experimenting).

tezos = solves governance written from scratch with Ocaml functional prog. lang.
https://tezos.com/pdf/white_paper.pdf

I went to their slack and charles hoskinson of ethereum is in there and he gave a thumbs up so perhaps it's not another shitcoin
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February 15, 2017, 04:36:40 AM
 #7

I've traded ONE penny stock before, and it was on a tip.  Never again.  The market is so thin with these things, that you can barely get your order filled, much less get the price you want.  And with these bottom-of-the-barrel altcoins, it's much the same thing.  Unless there's a rally going on, good luck.  I'd stay far, far away from both of these things if I were you.

so you only do bitcoin exclusively? like pray for it to moon? or BTCUSD?
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February 15, 2017, 04:59:19 AM
 #8

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?

I mean even bitcoin is an experiment than a $5 stock like $NOK $MNKD

I assume $MNKD is a ticker for a penny stock?

Ok think of it this way. There is no comparison between a penny stock and the all mighty Bitcoin. Is your favorite penny stock as cool as Bitcoin? Is your penny stock a peer to peer, censorship resistant, and capable of value transfer on the internet? Can you buy cocaine with your penny stock?

That is how cool Bitcoin is.

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February 15, 2017, 05:11:06 AM
 #9

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?

I mean even bitcoin is an experiment than a $5 stock like $NOK $MNKD

I assume $MNKD is a ticker for a penny stock?

Ok think of it this way. There is no comparison between a penny stock and the all mighty Bitcoin. Is your favorite penny stock as cool as Bitcoin? Is your penny stock a peer to peer, censorship resistant, and capable of value transfer on the internet? Can you buy cocaine with your penny stock?

That is how cool Bitcoin is.

yes $MNKD goes from $7 to 0.50 now

bitcoin is cool i get it,but there's too much going on like how do you research the fundamentals?

like for instance $NOK (nokia) plans to release a new version of 3310 in ~2018 Shocked

not just pure speculation to the moon
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February 15, 2017, 12:07:25 PM
 #10

There are similarities between the crypto trading and penny stocks, ie the price is very easy to go up and down quickly. Actually there are people who say both are same and there are also people that say both are different, I do not know for sure. But I think they are different, crypto trading better than penny stocks. Penny stocks have a market capitalization lower while crypto trading otherwise. I am more interested in crypto trading rather than penny stocks because it is more profitable, and I'm also more often crypto trading making it more comfortable to do so.
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February 16, 2017, 02:21:19 AM
 #11

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?

I mean even bitcoin is an experiment than a $5 stock like $NOK $MNKD

I assume $MNKD is a ticker for a penny stock?

Ok think of it this way. There is no comparison between a penny stock and the all mighty Bitcoin. Is your favorite penny stock as cool as Bitcoin? Is your penny stock a peer to peer, censorship resistant, and capable of value transfer on the internet? Can you buy cocaine with your penny stock?

That is how cool Bitcoin is.

yes $MNKD goes from $7 to 0.50 now

bitcoin is cool i get it,but there's too much going on like how do you research the fundamentals?

like for instance $NOK (nokia) plans to release a new version of 3310 in ~2018 Shocked

not just pure speculation to the moon

Try to widen your thinking. You are not dealing with stocks anymore this something new and something very revolutionary. The technology behind Bitcoin like consensus thru proof of work and a peer to peer value transfer protocol has opened up new possibilities for society. It was also created by an anonymous person and the code is open source so it means anyone can now create their own payment network that is open, free and most importantly peer to peer.

So now take speculation and profit to the back seat and focus on the technology and what it brings to the plate.

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February 16, 2017, 02:23:56 AM
 #12

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?

I mean even bitcoin is an experiment than a $5 stock like $NOK $MNKD

I assume $MNKD is a ticker for a penny stock?

Ok think of it this way. There is no comparison between a penny stock and the all mighty Bitcoin. Is your favorite penny stock as cool as Bitcoin? Is your penny stock a peer to peer, censorship resistant, and capable of value transfer on the internet? Can you buy cocaine with your penny stock?

That is how cool Bitcoin is.

yes $MNKD goes from $7 to 0.50 now

bitcoin is cool i get it,but there's too much going on like how do you research the fundamentals?

like for instance $NOK (nokia) plans to release a new version of 3310 in ~2018 Shocked

not just pure speculation to the moon

Try to widen your thinking. You are not dealing with stocks anymore this something new and something very revolutionary. The technology behind Bitcoin like consensus thru proof of work and a peer to peer value transfer protocol has opened up new possibilities for society. It was also created by an anonymous person and the code is open source so it means anyone can now create their own payment network that is open, free and most importantly peer to peer.

So now take speculation and profit to the back seat and focus on the technology and what it brings to the plate.

do you know anything else that is prominent than EVM?

EVM is becoming JVM...
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February 16, 2017, 09:04:54 PM
 #13

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?

I mean even bitcoin is an experiment than a $5 stock like $NOK $MNKD
Crypto currencies trading is far more better than penny stock as crypto currencies margins trading is more liquid than penny stock margins trading. For your information trading assets' are all the same as technical analysis  and fundamental analysis are what determined the inflow and outflows of fund into The market.
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February 17, 2017, 04:23:41 AM
 #14

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?

I mean even bitcoin is an experiment than a $5 stock like $NOK $MNKD
Crypto currencies trading is far more better than penny stock as crypto currencies margins trading is more liquid than penny stock margins trading. For your information trading assets' are all the same as technical analysis  and fundamental analysis are what determined the inflow and outflows of fund into The market.

crypto coin margin trading is very high risk, is special altcoin margin trading,
because margin trading not real market, have not bitcoin/altcoin is same in use trading, because can leverage system
you can see in poloniex or kraken, many people can lost big bitcoin is use margin trading, and only few people can get big return if use margin trading
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February 17, 2017, 04:43:26 AM
 #15

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?

I mean even bitcoin is an experiment than a $5 stock like $NOK $MNKD
As I understand that you want know the best in trading
for marginal vs simple bitcoin/altcoin trading .
Here you can think simply for it , Let you take example
that you have no much bitcoin to make trading with
particular altcoin which may be profitable but if you will
go for the marginal trading for this probably more
chances of loss due to down of the market .Usually you
will see in the poloniex for such types of marginal
trading losses .
I my self got much loss in the marginal trading but
simple trading results into better profit for me . So here i
will say cryptocurrency trading is better than any penny
stocks .

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February 17, 2017, 05:07:42 AM
 #16

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?

I mean even bitcoin is an experiment than a $5 stock like $NOK $MNKD
Crypto currencies trading is far more better than penny stock as crypto currencies margins trading is more liquid than penny stock margins trading.

Here we go again. More talk and posts without thinking thoroughly about them. How can you say that cryptocurrency margin trading is more liquid than penny stock margin trading? The Nasdaq, where penny stocks are traded in America is one of the most liquid markets in the world. The brokers who participate in those markets, some are very cash rich, and the bigger brokers can give more volume in margin than the top cryptocurrency exchanges can give combined.

Quote
For your information trading assets' are all the same as technical analysis  and fundamental analysis are what determined the inflow and outflows of fund into The market.

Are you a substantially experienced trader or do you have a background in finance? Please tell us why we should believe you.




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February 17, 2017, 05:52:17 AM
 #17

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?
Trading cryptocurrency specially trading alts is quite similar to penny stocks however it is quite simpler than that. It is quite hard to find out legitimate source about penny stocks and also hard to get any update about them. But there are many resources we can use to understand the market sentiment, updates and trend for alts. So i find crypto trading better than penny stocks trading.
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February 17, 2017, 03:05:57 PM
 #18

I would compare it as the same kind of thing as they both share a couple core things about them.
1) They are usually pumped and fake hyped by a group of people to later be dumped for a profit.
2) Owners of the company (stock) and devs (coin) are really just putting the item for trade for there own personal profit and in no way do most of them believe their companies are going to do anything (minus healthcare)
3) Volume on most of them are pretty low except for the ones being pumped.

They're pretty similar so you could honestly pick other one with usually the same result, losing a boatload of money.

Unless you're a whale with a group of pumping marketers behind you, then hats off to you bud you've fucked everyone to make a dime.

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February 17, 2017, 05:40:46 PM
 #19

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?
Trading cryptocurrency specially trading alts is quite similar to penny stocks however it is quite simpler than that. It is quite hard to find out legitimate source about penny stocks and also hard to get any update about them. But there are many resources we can use to understand the market sentiment, updates and trend for alts. So i find crypto trading better than penny stocks trading.
Yes, only altcoin trading could be compared against penny stock trading not the bitcoin trading even bitcoin is still an experimental project. But an usual US stock will have market cap like $500 billion or $800 billion whereas bitcoin's market cap is still struck around $15 billions. But when considering one bitcoin prices, most of the stocks look like penny stocks lol.

In my experience, penny stocks are just gambling. They may take off or they may remain penny valued all the times. I never preferred trading penny stocks whereas bitcoin trading is highly profitable for me.

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February 18, 2017, 02:50:53 AM
 #20

I mean do you find yourself more successful in trading cryptocurrency than penny stocks?
Trading cryptocurrency specially trading alts is quite similar to penny stocks however it is quite simpler than that. It is quite hard to find out legitimate source about penny stocks and also hard to get any update about them. But there are many resources we can use to understand the market sentiment, updates and trend for alts. So i find crypto trading better than penny stocks trading.
Yes, only altcoin trading could be compared against penny stock trading not the bitcoin trading even bitcoin is still an experimental project. But an usual US stock will have market cap like $500 billion or $800 billion whereas bitcoin's market cap is still struck around $15 billions. But when considering one bitcoin prices, most of the stocks look like penny stocks lol.

In my experience, penny stocks are just gambling. They may take off or they may remain penny valued all the times. I never preferred trading penny stocks whereas bitcoin trading is highly profitable for me.

What are you trying to tell everyone? That cryptocurrency trading is not gambling? It is too. No one has an idea who really are behind most these different altcoins. Some developers are anonymous and will never reveal their identity. Here is the most risky part, it is trading in exchnages that are not regulated by the government.

I believe you do not have extensive experience.

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