Post
Topic
Board Bitcoin Discussion
Re: Methods of growing your Bitcoin?
by
bitcoinmasterlord
on 08/08/2015, 11:51:07 UTC
Yes,
Signature Campaign can Earn Better Money Don't Expect to Earn More Money From Signature Campaign You Just Make an Better Money and From trading You Can Have a Chance to Earn Huge Money.


Or a big chance to loose what you have invested.
Trading with alts or Bitcoin assumes you know what you do. And I know a lot of guys here who tried and lost.

My advice is just do what you know about.Don't experiment! If you never traded before then don't do it. Too many sharks out there.
I would safe some of money which I earn in daily life and then just buy some coins.

If you have skills in programming, web design etc offer some services and let you pay in Bitcoin.

Check out your garage and maybe you find some old nice stuff which you can offer in a garage sale or peddlers market.



Trading between btc/usd market isn't a big problem.
Everyone can do so.
It's just simple buy low and sell high.

Big deal is that when people see prices falling, they panic sell their coins to cut the losses.
This is a wrong approach, as when the prices fall we should buy more to get more profit.

Is that working for you? I think one needs to be really cool in order not lose confidence when the price drops. I'm at this situation and bought at 297$. Roll Eyes Yeah i know... and now i wonder if i should trust or sell.

What is your advice?

In my opinion you should hold. The support at 280 seems pretty solid to me, it seems the sell pressure is not hard enough to break the 280 support, so I would bet that we are closer to breaking 300 than we are from going under 270 so to speak.

I still do and i thought the resistance at 283 is pretty strong. All the signs of a classic support/resistance line/area. But it is lower already. Though i think around 275 might be a resistance that holds?

What is see is this fan closing. Its pretty exact. Getting less volatile. But i fear that it will crash at the end when volatility and trading stops, since thats what it does mostly isnt it?

Edit: Lol... and it happens. Strong sell, breaking through resistance. I sell for now. Lost much for the moment. Sad