Quote from: M83 on July 03, 2015, 04:36:01 PM

Quote from: BTCevo on July 03, 2015, 02:43:17 PM

Quote from: Silly Money on July 03, 2015, 01:43:51 PM

Quote from: Amph on July 03, 2015, 01:40:01 PM

Quote from: Alley on July 03, 2015, 01:44:54 AM

So you want one person making all the decisions for bitcoin and you want people diversifying and buying altcoins? Might be the 2 worst ideas ever...

just the update alert, which is different from having consensus on a specific upgrade about bitcoin, still i'm a partially against the idea of diversificate your money in mnany altcoin, at best i could diversificate in one altcoin only additionally to bitcoin, and that's monero probably

Personally I wouldn't bother with alts. None of them show the promise that bitcoin does. As for putting savings into bitcoin I'd put an amount you can afford or more importantly are comfortable with. I think bitcoin will be a good investment longterm but its certainly not guranteed.

There are some altcoin that have a real high volume of trading like ltc and dashcoin, may be that will be nice if you trade them because of the higher volume people will tend to trade there and you will get good profit too from them. But dont hope from new altcoin, most of them will just waste your time except you can pick a good one to mine

LTC is always just going to be seen as a second best thing to bitcoin but it is worth very little without any merchants behind it or mainstream adoption.

Yes but you still have two choices to make, trading bitcoin or litecoin or you can do both to earn more, it is all your choice to make although it is just a second it can still earn you a lot

Quote from: Stargazer on July 03, 2015, 08:44:10 PM

Quote from: BTCevo on July 03, 2015, 12:07:05 PM

Quote from: Stargazer on July 02, 2015, 09:59:01 PM

Quote from: BTCevo on July 02, 2015, 01:57:03 PM

Nope, lowering possible gains and loses in trading? I dont think that is a really good idea because there is no way that you will lose in bitcoin trading, it is fast or slow that you will get your profit so the risk will be minimalize from doing trading. Besides gambling is far to fast to drop your bitcoin, and I guess with today win you really need luck and do you think tomorrow you will have this kind of luck? In the end people will lose it in gambling because we never win the house, except you stop and wwithdraw it when you are winning some

It's not a good idea but that's how trading looks compared to gambling. Even though you're investing it all you can't lose it all, while putting on your money on a casino table at once can leave you penniless in an instant. Gambling is risky but so is trading, who knows maybe tomorrow we'll wake up to Bitcoin being worth $200 and then what? Do you think people who bought at $1000 knew that the next day they'll see $800 and so on?

Nope trading is different from gambling, the gap is to far between them. Trading you can minimalize your loss but gambling is really far worse when you are in lucky. I experienced both of them and feel like trading is much better although the price suddenly drop or anything. Its true that people can't predict the future thats why I never hold bitcoin when it comes to my offline time. Im not risking my bitcoin value by hoping the price going up, how about if I hold up and later the price suddenly drop when Im off? I guess that is much worse, I will lose some of my bitcoin value

So you're a cautious trader, some might even say a scared one if you liquidate every time you go offline. You're afraid of the BTC price going down but you're not afraid of the price of fiat doing the same?

I stopped trading because sudden movements were usually happening when I went to bed and I ended up losing sleep watching the charts. Since I was trading with just 2-3 BTC it wasn't worth it.

Yes Im a cautious trader like you said and I pick this move because I have spare with fiat so I didnt scare about my fiat price will going up or down. And I never bother about my fiat that is not a problem I guess. The problem is I need to get back my fiat with trading bitcoin

Quote from: Stargazer on July 03, 2015, 08:44:10 PM

Do you also remove fiat from the exchange after selling your coins or keep it there? Sounds like a lot of hassle for a trader to get rid of everything simply because he won't be able to trade at a certain period.

I always keep my money in my exchanger so when I come back online I will start my method again. It is a good gain to use this method, rather than gambling too much on trading hoping the price will going to moon but the result is price down. You will lose your value here. Btw I have use this method quite some time and it earns me a good profit