I believe that long-term investment is the most correct thing. Because it does not require a lot of time and money, and you earn a very large income.
That's right, for example with me in the past. You probably know that XRP profit for the two days is 160% instead of holding 160% profit margin and I have chosen to trade the day and get 57% profit. In my opinion, the hold is always the best, just be patient
Bitcoin is chosen by most investors, despite the fact that it is technically obsolete. It is most often used as a means of payment. This is his guarantee.The growth of its price always exceeds the fall.
As a trader I asserted that everyone was transferring 60% of their profits from altcoin trading to bitcoin and the remaining 40% switched to usdt.
That said, most traders believe in bitcoins and they are willing to buy them at any time. Prices may rise sharply if there is good news like the government accepts bitcoin
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Re: How to overcome my fear and how to start trading?
Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.
The thing that most of you fear is that I do not have the knowledge of trading, the advice is that you should spend money to study the basic technical trading class, the day trading classes. The only knowledge make you do not lose money in this market
Looking at the present state of the market, it could be very disheartening. But one thing is certain is that blockchain technology has come to change our society. And Crytocurrency which runs on the blockchain will continue to wax stronger and stronger, stay above fear. Life surely goes on with or without the enemies of crypto.
We are in the same stage like early days of internet Blockchain is still at early stage. Utility base projects will be mainstream and many companies will adopt technology around 10 to 20%. I still trust on this technology.
Blockchain technology in general or bitcoin in particular is in the early stages of development. People are so overwhelmed with bitcoin and once they do not get what they want and then they call bitcoin a bubble. Just waiting for everything to be approved and supported by government banks, bitcoin will be the currency of the future
For every Phishing website out there that are trying to scam out people, they have this almost the same name of a specific website that they are trying to imitate but there's still a bit difference from the original one but sadly most of the victims are these new people because they are easily baited for not checking what is necessary, the exact URL.
Since I started using different kinds of cryptocurrency exchanges I've never been scam or lose a single coin for some phishing site because I'm double or even triple checking the right URL, it involves real money so if you are too lazy on checking the do's and dont's of crypto exchanges then you will eventually lose something.
It's better to bookmark the exchange and not to open it with any url links that you are not sure, most of the time those who been scammed by this fake site are those who didn't checked closer, we should understand that every scammers / hackers will do their best in order penetrate with someones accounts, we need to due diligence protecting our hard earned investment.
There are two ways to get into your computer:
The first is the url url is not clear, should not click the link is unclear from the fake web page
Second, absolutely do not open the e-mail unknown origin as it is the place to store viruses that can steal your account.
The real reasons why some people are holding gold and bitcoin for long term because its price will get increasing when these are getting older and older. And we can surely make this really happened because these two things are very in demand worldwide.
Look at the gold chart and bitcoin I see a 100% similarity. Maybe the price of bitcoin is going to follow the chart of gold, no one said anything, wait and hold bitcoin or gold. I should choose bitcon for chance and gold for safety
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Re: Will the bitcoin be outdated by another currency?
Others speculate so as well because pf how popular etherium is becoming. Others think that some day will come when etherium will actually surpass bitcoin because of its aspects that are better than bitcoins. Some even claim that btcoin will eventually die because of the many altcoins and competition being created. Bitcoin has slowly become outdated because of its high transaction fees and long confirmation times, and people say that this is what would eventually kill bitcoin.
Ethereum's aspects? The only point of usage it enjoys and thrives on is the booming ICO market. If we look at how governments are tightening their regulatory framework, Ethereum might be up for some harsh times.
People have been complaining about Bitcoin for years, but they still are using it because there is no better alternative. If altcoins were really that much better, there would be a shift happening, but there isn't.
Bitcoin is the first of the first and people value that, where the network speaks for itself as well. Altcoins have earned their place in this market, but as a separate lower division. Bitcoin is on top and will remain there until the end.
Absolutely agree with you, altcoin only appears after a bitcoin for a short time, not entirely because of the early appearance of the bitcoin that caused their dominance. People trust bitcoin for their safety, security and security of price
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Re: What language should I learn next?
by
beverly788113
on 17/09/2018, 15:06:47 UTC
Perhaps your question is about bitcoin, it is your idea to buy coins from China or Japan
In my opinion, coin from China is developing better than Japanese, so please choose Chinese as the next language.
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Re: Will the bitcoin be outdated by another currency?
Another currency or another altcoin? If altcoin then Lets wait for etherium to replace the throne of the king if bitcoin will not implement the lightning network and etherium will in the future successfully feature it Im sure eth will be the next one.
In my opinion, it is very difficult for ETH to beat BTC, if there are a lot of other coin apps that are better than ETH and BTC. However, the difference is that people only believe in bitcoin because their prices are not so volatile
Was looking at CMC and was wondering few years down the line what we will be able to see in this list and how long it will be?
Reality is we are very early in this industry and the pace at which projects are coming up and the technology is changing does anyone believe in HODLING cryptos anything other than Bitcoin and Ethereum?
I feel it's a buzz word used to create a FOMO effect
Maybe some people will think im out of my mind , but i hold only low marketcap tokens , like Hive Project , insurePal , Beluga and many others . I dont hold ETH , BTC or any other top10 token/coin . I know if i was holding BTC/ETH instead of my tokens i would have more value to my bag . But sometimes small marketcap token/coin can shoot up like x100 and even more . Thats what im aiming for and then change it to BTC/ETH and then leave it for future
I do not think the current long-term investment is a good choice, you can see that the market is in the downtrend phase and bitcoin prices are in the bearish trend in the long run so even if the project is good It is also very easy to be bitcoin price devaluation and dabbling. You can see that so many altcoin are falling very deep, investors are losing confidence in the market.
In my very own experienced there is no good outcome when you HODL too much. First of all do you know what HODL means? HODL is used when referring to hold the cryptocurrency rather than selling it. Holding cryptocurrency is no good because it means you dont have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit. I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Dont be lazy, think big.
I believe that this time if you hold and especially hold long ahnj will be very dangerous, you can see that the market is constantly fluctuating and is in the bearish trend in the long term, so to be able to minimize At risk, I believe that this time you should only short-term investment and trading day because bitcoin prices will be able to drop sharply at any time.
Most cryptocurrencies will lose their value over time, and this is something that you should take into account when holding your currencies for the medium to long-term.If you are looking to keep your coins for a long time, you should do your research to ascertain which ones are suitable for such a purpose, and which ones are not. Currencies such as Ethereum, Monero, IOTA, and Dash are all considered leading coins and experience the most trade volume on a daily basis.You should be sure to follow each coins chart to identify low periods or times of stability and instability.
I think that at this point you should only invest in bitcoin, you can see that the market is fluctuating continuously and is in the long-term bearish, only a small bitcoin adjustment can also cause The price of altcoin is very strong. So if you invest in altcoin the risk will be very high, this time I believe you should only invest in bitcoin and should only invest in short and day trading.
We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stucked in holding.
You can see that the market is still experiencing slight correction, bitcoin and altcoin have had strong rebounds but in the short term the market is still bearish in the long term so I believe that bitcoin prices will continue to fall further in the near future and you will continue to lose money if you invest long-term in bitcoin.
Most people's post-bubble belief is that Internet stocks are stupid and worthless. Just as many scholars now look at bitcoin.
Most people listen to other people's attacks and choose to ignore them instead of digging deep into the amazon story.
This is a mistake of lazy thinking.
So when you see the same thing happening in bitcoin, you can try to do something different with most people.
Ask yourself: "why is the market still buying assets that claim to be worthless?"
"Is the bitcoin bubble the same as the tulip bubble?
You will eventually find that the real value of the asset, after the bubble, returns to the value of the asset itself.
And the next wave is coming back, reaching new heights.
How do you see the fall?
You can see that the bitcoin bubble has broken and the bitcoin price is still going down sharply, the market is in the bearish trend in the long run, so to be able to trade successfully is very difficult, bitcoin price will likely fall back to $ 2,000 by the end of 2018. I really have lost faith in bitcoin so I think we should only trade day and should not invest long term.
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Re: Will Bitcoin become a long-term trusted store of value?
Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value. If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today. If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility). So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I do not think like you, you can see that the crypto market is in the long-term bearish trend and although the bitcoin price is holding above $ 6000, the fines may drop sharply at any time. Therefore, to be able to trade successfully is very difficult, bitcoin prices are constantly adjusting and this makes the price of altcoin is very strong. I believe that the time when investors' confidence in bitcoin is losing.
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Re: How to manage the risk in investing cryptocurrency?
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.
I think that in order to manage the risk, you must have clear plan before trading, the market is constantly adjusting and fluctuating continuously, so when trading you must analyze accurately Always put stoploss before trading and ready to cut losses when needed. The most important thing is that you must always follow the discipline when dealing.
keep calm and keep hold.. I am prety sure in 2018 bitcoin will reach more than $ 20K, I will waiting until bitcoin price increased and sell bitcoin when the price is higher than now so I can get a big profit..
You can see that the market over the past few days is showing signs of moving sideways as bitcoins are heading around $ 6700. This shows that the $ 6800 level is a very strong resistance level and investors are very hesitant, sellers and sellers are struggling. But I believe that with a market that is in a bear market in the long run, bitcoin prices will probably continue to fall sharply at any time.
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Re: Bitcoin at 4500$-5000$ August-September 2018 !!!
Price now is more than 6k dollars and we don't know 100 percent if price pump to september or next month. 4500 or 5000 dollars each bitcoin is not good because pump now is hard so we need to pump now instead of waiting that price.
You can see that bitcoins are constantly adjusting and staying above the $ 6000 mark, which is a very positive signal but you can see that the market is moving up and I believe the bitcoin price will It is difficult to maintain this milestone when the market capitalization is only $ 200 billion. According to my analysis, bitcoin prices may fall to the $ 2000 level by the end of 2018.
Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.
ricseb
Stop loss in trading is absolutely necessary at this time when you trade, you can see that the market is fluctuating continuously and very hard to guess, bitcoin prices are constantly adjusting and I believe will remain can continue to be strong at any time. Therefore, you must always have a stoploss in your trading plan to minimize risk.
I think long-term for people dont have so much time for daily trading. we can't update every information on internet so it is very hard to track every altcoin you invest. so pick up some good coin and wait is a better strategy for this moment
I think that long-term investment is completely wrong, you can see that the market is constantly fluctuating and difficult to guess, bitcoin prices are constantly adjusting and fluctuations are very strong, so to be able to To make a profit safely, I believe you should only invest in short bitcoin. The market will continue to fall sharply in 2018 and so long-term investment will continue to fail.