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I will recommend you search for some experience broker whom you can meet physically and gain from him and furthermore have him as your guide. Where this isn't possible then you learn through online might utilize youtube and the venture proprietor or bolster group will be prepared and accessible to help at whatever point the necessities emerges. Learn and exchange through simulationfor a sensible time and adjust your procedure before going live.
Stop loss valuable for safe exchanging however in crypto exchanging my fortunes so awful, Some of the time I utilized stop loss at that point showcase hit my stop misfortune a skip back yet clearly utilizing stop loss the best thought and security trading
People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game.
Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.
Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site
(contains also tips on trading)
BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.
Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.
Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.
Here's how. We all know that media plays a big role in the dump value of some coins.
Accdg. To this site
(contains also tips on trading)
BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.
Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.
Astually most of the people lost their money with trading. Even my investment also drecressed around half of my initial payment. But this not end now. You could turn the loss in to profit, Just learn about day trading and do it in a prefect way. Just sell your coin and buy some cheap potential coin, if its raised as much you expected then sell it. But be patience.
Re: If Bitcoin is Adopted what happen to ilerate population(stone age people)
Bitcoin is digital currency revolutionizing the finance Industry which many predict to be the currency of the future.
We live in global village that comprises of the educated ( Digital age) and the uneducated(stone age ) .the stone age is the era of the early men who are still alive and also practicing old cultural ways passing it from generation till date ,they have not been privileged to read and write .
The Digital age have maximize the useful of the Bitcoin technology for easy and trans border transaction etc but the stone age have not been able to reap this benefit Bitcoin have to offer due to their poor background in education . Let's take a proper example in the Africa continent we have more than 50% who where not eligible to go to school due to lack of funding and infrastructures within their territory.
The worst senero is that they can't read or write which makes it difficult for them to operate the internet since Bitcoin transactions are done on the on internet.they prefer to use the traditional paper currency they feel it is comfortable for them.
This is the major reason why Bitcoin and other cryptocurrency is yet to be adopted by the masses.
How can these set of population be carry along to use the Bitcoin as mode of financial transaction if Bitcoin is the said "future currency"?
There is no project on the crypto space to address this unforeseen challenges.
Deliberations and ideas are welcome on how the group of personal can be integrated in the system.
We live in global village that comprises of the educated ( Digital age) and the uneducated(stone age ) .the stone age is the era of the early men who are still alive and also practicing old cultural ways passing it from generation till date ,they have not been privileged to read and write .
The Digital age have maximize the useful of the Bitcoin technology for easy and trans border transaction etc but the stone age have not been able to reap this benefit Bitcoin have to offer due to their poor background in education . Let's take a proper example in the Africa continent we have more than 50% who where not eligible to go to school due to lack of funding and infrastructures within their territory.
The worst senero is that they can't read or write which makes it difficult for them to operate the internet since Bitcoin transactions are done on the on internet.they prefer to use the traditional paper currency they feel it is comfortable for them.
This is the major reason why Bitcoin and other cryptocurrency is yet to be adopted by the masses.
How can these set of population be carry along to use the Bitcoin as mode of financial transaction if Bitcoin is the said "future currency"?
There is no project on the crypto space to address this unforeseen challenges.
Deliberations and ideas are welcome on how the group of personal can be integrated in the system.
I am very sure that bitcoin will use world wide legally. Individuals should realize that the world is quick developing and things are quick moving constantly; advances are progressing too. I put stock in cryptographic money basically on the grounds that it is an advancement that suits the present time. The stone age individuals will just have themselves to fault toward the end, for not tolerating it.
Should i trade on crypton-wallet.com. I have to deposit 0.015 btc to verify my account and start to trade on this market. Have anyone withraded from this market? Pls give me a feedback
I never tried crypton wallet.com. Usually i used to trade from binance or bitrex. I hope these both exchanges are safe and secured and legit exchanges. And ofcourse you could do trading in this market based upon your skill. Stil most of them trading in this market. But you should have enough knowledge and experience. Once you have well knowledge then you might obviously know when to buy and sell even dump market.
More and more countries, like Chile or India, are trying to tax their citizen for the crypto they hold.
Please don't pay taxes on your coins.
You really don't need it, unless you are totally ignorant.
It's simple: they cannot prove you have the coins on your PC/phone , so you don't have nothing to pay taxes on, as far as they know.
It's just their attempt to trick the ignorants that don't know about that
Even if they look for your wallet on your PC/phone ,
your wallet data is not accessible to them because it's encrypted with password ( uhm.... have you set the password protection on your wallet... right? ).
Of course you are not going to give them the wallet password.
Oh.. they tell you that you withdrawn the coins from an exchange, so that's the proof you have the coins?
Just say that it was an hacker that stole your coins from the exchange, not you.
You got robbed, and you don't have to pay taxes on the money that was stolen from you, right?
P.S. for the geeks: use Veracrypt
Please don't pay taxes on your coins.
You really don't need it, unless you are totally ignorant.
It's simple: they cannot prove you have the coins on your PC/phone , so you don't have nothing to pay taxes on, as far as they know.
It's just their attempt to trick the ignorants that don't know about that
Even if they look for your wallet on your PC/phone ,
your wallet data is not accessible to them because it's encrypted with password ( uhm.... have you set the password protection on your wallet... right?
).Of course you are not going to give them the wallet password.
Oh.. they tell you that you withdrawn the coins from an exchange, so that's the proof you have the coins?
Just say that it was an hacker that stole your coins from the exchange, not you.
You got robbed, and you don't have to pay taxes on the money that was stolen from you, right?
P.S. for the geeks: use Veracrypt
I dont figure government can assume control and control bitcoin, if so happens the above all else thing is they will impost tax on them. At that point the client of bitcoin will decreased which may influence the potential and estimation of bitcoin. Still now we dont have a news thusly.
How do I find a mentor that has lots of experience doing this stuff?
Online and also in person.
Somebody who knows what they are doing for a long time now.
Online and also in person.
Somebody who knows what they are doing for a long time now.
There is no specialized investigation strategy that is optimal. Great approach to end up an expert merchant is time and experience. Market perception sufficiently long. Practice is the most ideal approach to learn. If you just need to learn and won't go out on a limb and begin practicing,you will experience the ill effects of data over-burden and never accomplish your objective to wind up a fruitful trader.The just two things that are critical are the means by which to control your feelings and mindset and from where to get the best-Trading signals.
95% of all Day Traders fail because of lack of knowledge and timing. Day Trading is very difficult to apply in cryptocurrency trading. Why? Because cryptocurrency markets are unpredictable. It really needs more reviews and research before buying certain coin or token. I always advice new traders to spend their time to get to know the concept and the purpose of the projects or to DYOR (Do Your Own Research). Sometimes the reason why you buy certain coin or token because of hype or FOMO ( fear of missing out ) wherein you see your friends in social media enjoying what they hold. FOMO always happen anywhere in social media because it uses as a marketing strategy to manipulate the markets. Therefore, before diving into cryptotrading, always make sure to DYOR!
It is very consistent that exchanging will bring you more benefit. Be that as it may, just here is the clouded side of the coin, on the off chance that you all of a sudden fruitlessly went into short or long, at that point there is an opportunity and lose your cash. When contributing, you consider the task in detail, get some information about it, or they encourage you to put resources into it. What's more, shouldn't something be said about me, regardless I can not single out a certain something, I consolidate. Be that as it may, I lean toward trade more.
Governments acknowledgment is an absolute necessity through controls if btc requirements to develop later on with legitimate reception rate with presumed associations in light of the fact that no organization is eager to go out on a limb and join bitcoin with there center procedures
if governments won't sanction and formalize bitcoin use in there nations inside a lawful casing work with reasonable directions and that is the thing that numerous advanced money lovers wish to occur later on so they can proceed with bitcoin and different digital forms of money.
if governments won't sanction and formalize bitcoin use in there nations inside a lawful casing work with reasonable directions and that is the thing that numerous advanced money lovers wish to occur later on so they can proceed with bitcoin and different digital forms of money.
Steadily Samsung is making advances into cryptographic forms of money utilizing the new cell phone having completed a contextual investigation and are currently effectively propelling the telephone, this is an appreciated improvement and a room for Cryptos aficionados to have more alternatives in putting away their coins and most likely will paveway for more reception of Cryptos.
In exchanging we can not generally make benefit , its will be once in a while misfortune however the all out exchange that make profit ought to be a greater number of times than misfortune exchange. At the point when any coin going up by enormous percentace we can not gain the greatest benefit on the grounds that exceptionally difficult to foresee how high the cost will go, so we ought to be have month to month target benefit so we realize what number of benefit ought to be gone up against the each exchange. Month to month target benefit additionally will deal with our feeling and to maintain a strategic distance from eager.
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
I mean your very basic investment and was that your extra money or required money?
Everyone must decide how much he can invest, how much he is ready to lose in case of something. I, for example, invested $ 100 in one fund and earned $ 30 from them, and did not regret that the risks involved were big.
I tried to understand the essence and benefits of futures trading BTC
Futures on bitcoin will be traded next week. People who for the last few years constantly trying to convince everyone around that bitcoin is a bubble, must be happy: now they can finally move from words to deeds and begin shorting. But are they right?
Future (futures contract) a derivative financial instrument, the standard urgent exchange contract of purchase and sale of the underlying asset at the conclusion of which the parties (seller and buyer) agree only on the price level and delivery time.
Craig Pirrong, Professor of business at the University of Houston says:
"Futures largely simplify the game to decrease than to increase, so that the majority of them, apparently, will benefit the bears. Therefore, the appearance of such a tool can reduce the cost of bitcoin".
How is shorting, I have studied the example on the stock market.
EXAMPLE. The investor can borrow paper, say 1 BTC, mind you, he takes not the money. The point is that he took 1 BTC for 16,000 thousand dollars. Sold it for 20,000 Then periscopes for 16 again. Gave ficers 1 BTC back but he got a profit of 4 thousand dollars (0.25 btc). So it will work
However, the futures will simplify the game to increase. The process of acquisition and storage of bitcoins is extremely unpleasant for many investors: you either have to worry about the fact that they are not stolen, or stored on paper, making them difficult to use as trading assets.
A substantial simplification of the process will increase the number of people wishing to open short positions, but those who play on the rise, so much so that their number will grow much faster.
Lou Kerner, partner Flight VC, a venture Fund investing in cryptocurrency. "we believe that from the point of view of fundamental non-market factors-such asset is quite reliable, but they tend to sell out".
Investors with big money still do not really believe in bitcoin and cryptocurrencies. All now wait for the futures I thought of what awaits us after this still greater growth. But now I'm not sure. I think now all that is left us is to wait and see how the market will behave.
I hope the article was useful
Futures on bitcoin will be traded next week. People who for the last few years constantly trying to convince everyone around that bitcoin is a bubble, must be happy: now they can finally move from words to deeds and begin shorting. But are they right?
Future (futures contract) a derivative financial instrument, the standard urgent exchange contract of purchase and sale of the underlying asset at the conclusion of which the parties (seller and buyer) agree only on the price level and delivery time.
Craig Pirrong, Professor of business at the University of Houston says:
"Futures largely simplify the game to decrease than to increase, so that the majority of them, apparently, will benefit the bears. Therefore, the appearance of such a tool can reduce the cost of bitcoin".
How is shorting, I have studied the example on the stock market.
EXAMPLE. The investor can borrow paper, say 1 BTC, mind you, he takes not the money. The point is that he took 1 BTC for 16,000 thousand dollars. Sold it for 20,000 Then periscopes for 16 again. Gave ficers 1 BTC back but he got a profit of 4 thousand dollars (0.25 btc). So it will work
However, the futures will simplify the game to increase. The process of acquisition and storage of bitcoins is extremely unpleasant for many investors: you either have to worry about the fact that they are not stolen, or stored on paper, making them difficult to use as trading assets.
A substantial simplification of the process will increase the number of people wishing to open short positions, but those who play on the rise, so much so that their number will grow much faster.
Lou Kerner, partner Flight VC, a venture Fund investing in cryptocurrency. "we believe that from the point of view of fundamental non-market factors-such asset is quite reliable, but they tend to sell out".
Investors with big money still do not really believe in bitcoin and cryptocurrencies. All now wait for the futures I thought of what awaits us after this still greater growth. But now I'm not sure. I think now all that is left us is to wait and see how the market will behave.
I hope the article was useful
Many will disappear, but serious currencies like bitcoin, ethereum and litecoin are here to stay because they have a lot of future plans.
What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
Coinbase is one the best Bitcoin wallet. Also, I used BitcoinCore (the base client) or Armory as Sangoku says but it is very very heavy (the client).
Otherwise, I use web wallets like https://blockchain.info/wallet/ because they are convenient (but not necessarily because they are good).
Otherwise, you have hardware-wallets.
I introduced bitcoins to people around me and also to my friends and family but most of them were not interested in knowing it or putting their money into it as they feel that bitcoin will not survive in long run.
Hearn stated in his blog post that investing in bitcoin was never guaranteed to yield returns. Bitcoin is not intended to be an investment and has always been advertised pretty accurately: as an experimental currency which you shouldnt buy more of than you can afford to lose, he explained.
"You shouldnt buy more of than you can afford to lose"- I think it's more related to the purchase of alternative cryptocurrency.
"You shouldnt buy more of than you can afford to lose"- I think it's more related to the purchase of alternative cryptocurrency.
Yes there is no guarantee of making profits from altcoins and its very risky to hold them for a long term, but bitcoin can be good in long term so there is not much risk involved in holding it as we are sure that it won't ever disappear just with an blink of an eye which always an possibility with altcoins.
Bitcoin holding is the best option yoi can go with, the price will surely rise for 100% in the next few years for sure. Not. Ao sure about altcoins tho, but imo i wouldnt be investing into any alt coins, but thats just me.
Bitcoin is just object of investment. It will not solve all global economic problems and will not bring us more freedom than the electronic payment system. Yes, in some ways it is more convenient than the Fiat
I think bitcoin can solve and help economic world. In fact, bitcoin increase earning for peoples or campanies, for example is mining business, maybe use hardware with more than a million us dollars. Bitcoin also make peoples to transactions for easier and safeYes, difinitely this bitcoin is a freedom to everyone who is hardworking and wants another way of earning money.
We are independent to transact safely on your wallet and in cash it to your bank.
This freedom covered a lot of convenience specially online transaction that accepts bitcoins.
Bitcoin is definitely a freedom to all who are already using or earning it as they have total control on the money and have their own bank in the form of bitcoin wallet which can be accessible 24/7.
even though i like to gamble, but i wont take the chance, i will keep the money in my pocket and walk away, even though I wont lose anything but i will feel regret if i lose the 100$, so i feel better accepting the 100$ rather than 200$ but has the chances of losing it all
Smart move will be to take $100 and walk away from there as something is always better then nothing and if we choose to gamble then we may win in first or second round and that will make us to gamble more which will result in loosing everything at the end of the day.
Changing times and fast paced technologies are slowly influencing the ways we do our day to day transactions. Even third world countries are being introduced to BTC, though at a slower pace. It might take more than 6 years before something like mass adoption in far away places take place. People living in remote areas would find it challenging to adapt to changes because of logistical problems and infrastracture limitations.
Exactly. And I think that people over a certain age might have problems to adapt to bitcoins as well.
I do not think that you will find much bitcoin users over fourty. Maybe none over fifty.
But I think that the younger people will still use btc once they have reached that age if they have learnd it before.
So the time when nearly everybody is using btc will be way past 6 years.
We may see most of the youth will start using bitcoins in near future but the traditional thinkers will never prefer to use them as its a totally new concept for them and they may even find it complicated to use it so I don't think that everyone will start using bitcoin by that point of time.