Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Hashogen on December 02, 2020, 06:51:34 AM
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Let’s get into discussion whether Bitcoin Trading is massive and profitable. You might have seen people standing proudly in front of display of webinars. Generally this money is so-called fiat money. Fiat in Latin for let it be done and means that the money has no intrinsic value.
Moreover it’s not backed by anything other than the approval of the government that printed it. In addition it is physically cannot be directly converted to an equal weight of a hard asset such as gold or silver. In recent years it’s been joked that the difference between countries in crisis and the size of printing press.
It is also noted that Fiat money works as long as people believe in it. Or, more accurately than as long as people believe in their government. If you don’t have enough to worry about, just remember that history has shown that all fiat currencies eventually fail. Generally as fiat currencies begin to fail, they become more and more worthless. More specifically this Bitcoin isn’t fiat currency, i.e., it is not under the control of one single government.
More interestingly the Bitcoin has no official government or central intermediary. The “trust” is based on an open system of cryptology. Several accountants known as “miners” look at the “open ledger” to verify that the transaction is legitimate. The first one to verify the legitimacy of a transaction collects a small fee after confirmation and agreement by a certain number of other miners.
Eventually it truly becomes a "circle of trust." It also would take approximately 1 million years to “mine” one Bitcoin. The growth of Bitcoin Trading has become enormous such that users are passionate about it.
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I don't find anything about the five best things about bitcoin trading in your post mate. Please add something from your own experiences with creativity. Don't add your personal information in your post.
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I don't find anything about the five best things about bitcoin trading in your post mate. Please add something from your own experiences with creativity. Don't add your personal information in your post.
Like seriously the guy should just write something good and stop unnecessary post just to rank up.
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Not only bitcoin but also others cryptocurrencies, some important issues should be considered
Bitcoin investment price
Market analysis
Keep it longer period
Exchange securities and trading securities
Transactions costs
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I think when it comes to trading Bitcoin, you need to have a good knowledge of the Bitcoin market. You need to know better about the trend of price increase. Then it is possible to benefit from the investment.
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Bitcoin price updation
Buy orders and sell orders
Securities
Trading volumes
Exchange Costs
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I think there is no need for such guidelines to invest in Bitcoin. Most people know much better about trading Bitcoin. So I don't think the post will benefit most people.
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Indeed, it is an interesting thing when we talk about bitcoin. the only thing that makes me always want to trade with bitcoin is the fluctuation in price. with reckless capital and large risks, I can get a large profit in a short time. but still we have to be careful, even now btc has penetrated ath, i find it hard to imagine it. but I have predicted it.
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what I would say, there is lack of transparency on music field and not many favs that follow high requirements. Would outline Utopia. The Utopia Open Platform (UOP) is the ecosystem for the tokenized song. The UOP receives data from the existing Utopia Music Platform, which collects commercial music consumption and copyright data from numerous sources. Over the past 3 years, it has collected over 3 billion data points ‘Genesis’ will be the first application on the UOP. Through Genesis, users will be able to plug into this data to keep track of songs, compositions, artists, writers, composers, record labels, releases, radio stations, DSPs, standard identifiers and much more. Whether you are an artist, a producer, or a record label, you will be able to see where, how, when and with whom the music is performing best
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The price of Bitcoin is the highest in the cryptocurrency market. So I think it is not possible to make a profit by trading on Bitcoin in the cryptocurrency market. It is not possible to make a profit if the investment range of a small investor is small. Brother, other small coins are important for investment.
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The price of Bitcoin is the highest in the cryptocurrency market. So I think it is not possible to make a profit by trading on Bitcoin in the cryptocurrency market. It is not possible to make a profit if the investment range of a small investor is small. Brother, other small coins are important for investment.
Consider not only day trading, but also long-term ones, because the price very actively rises to 60k and drops to 58k, and this moment is used by many traders to make good money.
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At present, the price of Bitcoin has risen to the maximum, it may rise again at any time, but if there is a sudden dumping, but the investors who are there will fall into a lot of losses. Even after that, those who can take the risk if they re-pump the bitcoin price can certainly benefit. In the long run, if you buy and hold Bitcoin, you will definitely see a lot of benefits in the future.
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To Trade on Bitcoin At First Need Good Knowledge About Bitcoin. I Think It Is Very important For Bitcoin Trading. For trading we have to gather Proper knowledge about Bitcoin and have to analysis on Bitcoin. Proper Tactical Analysis is More Effective for it. And Some Analysis Saus as Have to Know About Exchanger and Market trained etc. If Anyone Study this Things and Apply it i think He will Be Profited from Here.
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If anyone has any advice on trading about Bitcoin, I think you should share your personal information in your own way without having to source link from anywhere. If you have a good idea about cryptocurrency or trading, you can definitely share. I think it would not be a good idea to give an idea about trading from any place if sourcing.
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You didn't list out the 5 best things about bitcoin just as you mentioned in your topic but well I will be dropping some benefits about bitcoin here.
Trading bitcoin is more safer than trading most altcoins because if there is a little crash in the market bitcoin might fall bit by bit but most altcoins fall drastically when market crashes, trading bitcoin the risk is less compared to other cryptocurrencies.
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is good youre demo site not only login form and register
but about chart price and complete indicator
if only login form and register nothing people can interest
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Those who will train must have good knowledge about cryptocurrency. Learn to invest on your own without listening to any information that someone will give you to invest. Otherwise, one person's misinformation can cost you many dollars. And if you want to give someone a formation, then it would be better to share it if you have good wisdom without giving the source link.
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The most important thing before trading is that we have to have a good knowledge of the market. We have to learn more about the rising and falling trend of market prices. Good market analysis is necessary in trading. In order for us to profit from the trade. Not only bitcoin trading but also other cryptocurrency trading.
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If you want to trade in cryptocurrency, the most important thing is to do market analysis. If you want to trade cryptocurrency, you must have experience in exchange. And you always have to keep an eye on the transaction and the price of the exchange. And you have to keep track of which exchanges have that token listed and which exchanges are priced higher or lower.
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I think these are the basic things that you have shared in your post. These things know every trader. Please share your experience and mistakes about the trading that will helpful for other peoples.
And don't shares these basic knowledge tips with us
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You mean it's best to trade bitcoins on them at first, choose popular projects that trade on many exchanges.
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I can only speak from personal experience!
I make money trading BTC/USDT pair and I make over 20k a month
So here you go!
(https://ethtousd.tips/wp-content/uploads/2023/02/1.jpeg)
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Here are some potential benefits of Bitcoin trading that some investors might find appealing:
1)High Potential Returns: Bitcoin has been known for its volatility, which can lead to high potential returns on investment if you buy at a low price and sell at a higher price.
2)24/7 Trading: Unlike traditional stock markets, Bitcoin can be traded 24/7, which means that you can buy and sell Bitcoin at any time of the day or night.
3)Decentralization: Bitcoin is decentralized, meaning that it is not controlled by any central authority or institution. This makes it less susceptible to government interference, and some investors see it as a hedge against traditional financial systems.
4) Anonymity: Bitcoin transactions can be anonymous, which can be a benefit for those who value privacy.
5) Low transaction fees: Bitcoin transaction fees are generally lower than those of traditional banking systems, making it an appealing option for international transactions.