I think you are wrong, cause bitcoin is so usefull for everyone. Can you see many people are now so rich and successfull because of the bitcoin. And if you say that transaction nowadays are so long before you get your money, that is just okay for those people who are willing to wait to get their money even it costs a week of waiting before you get your money.
Of course he is wrong - bitcoin was buried for so many times these past 5 years. This guy is nothing but a con man. His reasoning not making any sense
Ive been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. Ive been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
The number of traders directly affects current supply and demand ratio. I see nothing wrong in increasing of demand because it would have a trickle-down effect on the price.
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BoardTrading Discussion
Re: Patience and Holding
by
Alex Storm
on 22/03/2018, 09:39:34 UTC
If we don't have patience surely we will keep making mistakes. Moreover, the price of cryptocurrency that can never be predicted with certainty, of course it will be very problematic for us. That's a great direction for self-improvement.
It seems pretty much confirmed we can see Ethereum going under $400 these days.
Qn - Is it a good buy under $400 or wait for even more price drop?
The current price for ETH is more than 500, so it would be a great decision to buy ethereum on the 400 USD point. Well, it's too late now
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BoardBitcoin Discussion
Re: The future of Bitcoin
by
Alex Storm
on 19/03/2018, 09:03:48 UTC
I completely believe in bitcoin and what it has done and what it still has left to do for the world. Bitcoin will keep getting more and more value over the years, the split that might and looks like will really happen will be just a step to let it grow easy
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BoardEconomics
Re: Wonder how many people can hold BTC for more than 3 years
Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
Few that were able to endure and hold bitcoin since then till now are in huge profits and people that were panicing like what is happening now are now regretting. Bitcoin is the future of our financial system and there is no limit to how far it can go. We need to find out the right time to but in other to be able to males profit out of it.
Those who bought BTC for 3 years ago and sold it for $19000 feel themselves great now with no doubt. I think it was kinnda hard to keep it for such long time, nah
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BoardEconomics
Re: Alternative investments
by
Alex Storm
on 17/03/2018, 08:44:47 UTC
For alternative investments I prefer to invest in a real-estate. That brings me real income from rental. Currently, there are two income-generating flats, and that's enough for quiet life.
I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are: 1.You can buy a flight ticket. 2.You can rent a hotel room. 3.you can buy pizza and other food related goods. 4.You can use it as a investment vehicle because bitcoin will continue to grow in value.
I want to know other important uses of it.
As for me, remittances are the most common use of Bitcoin. You can send money almost without a fee to any part of the world.
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BoardEconomics
Re: what benefits you've got from bitcoin in 2017
by
Alex Storm
on 16/03/2018, 08:15:26 UTC
Experience is the most useful benefit i've got from bitcoin in 2017. I was losing my money, over and over again, but that didn't stop me from trading.
Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
Here emotion control is important - only then trader can obtain optimum income on its investment.
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BoardSpeculation
Re: what you think about bitcoin in like 5 years?
by
Alex Storm
on 13/03/2018, 12:42:39 UTC
Bitcoin will be accepted by most major companies in 5 years. I think we'll see more local non online stores accepting it. I wouldn't like to predict a price, and I think it's impossible, but it will costs more than today for sure.
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BoardTokens (Altcoins)
Re: TAXI TOKEN - The decentralized taxi service on a BlockChain platform
I've always been one who sells to earlier, either to minimize my losses or to realize my earnings ASAP and leave. I've seen in most of my investments, if not all that if I would've just left the coins there they would've been worth 10-50x what I put in before. This is upsetting as a person and trader, as I see how much money I'm missing out on.
How do you traders do it, hold and hold and hold. Waiting around for more and more money?
You just have to try to imagine your profits from hold in a long term. It will help you not to sell all your coins. Can you buy a house using your current investment portfolio price?
According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018. The Chinese exchange is not easy to hack. If so, it is deliberate......
Anything could happen in the next half year. We have to be mentally prepared for price changing.
It is easy to say but very difficult to do, be patient, I can't, I'm checking my folio evry ten minutes hoping it will go up, we have to wait a few months again and again
If you want to earn money with trading, you just have to push yourself and try to be more focused.
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
I think emotional management just comes with experience in the market. You wont have the same reactions to losses and profits and you will react to situations in a more rational way. A lot of traders only develop good emotional management after several years of experience on the market.
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BoardEconomics
Re: Why You Should Never Sell Your Bitcoins Ever
by
Alex Storm
on 09/03/2018, 07:50:39 UTC
You should never do this because the fact is that the bitcoin has a good future a head these days and the halving is worth the time for me. Holding is at this time much better than selling.