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flomopeter

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Everything posted by flomopeter

  1. Bitcoin has bounce from price to price but if you take a close look at bitcoin price you will see over the past years bitcoin has been slowly increasing on average and will be increasing like this until it reaches a million.
  2. Yeah being patience is the best, traders that are patient on the crypto market they make the most profits, rushing to sell or buy is not good for a market that prices is always changing, you might lose money.
  3. flomopeter

    Trading Tips

    Yeah being eager to trade is not good for the crypto currency market, jumping into things on the crypto market with out any research is very risky, the chance of you losing some or most of your investment is high.
  4. flomopeter

    Trading Tips

    One good trading tip is don't fully believe fundamentals news you see on cryptocurrency forums and media, these can usually be misleading and cost you a lot if you follow it with all you got, do your best to make sound judgement on information that are being put out about cryptocurrency.
  5. Patience will be the best on that list, it makes you more relax when trading and stops you from rushing into things that will make you lose a lot of money on the cryptocurrency market, many bitcoin traders that was patient and held for a long time are now millionaire.
  6. In trading cryptocurrencies emotions is completely unnecessary they will cloud your judgement and make you make poor decisions while trading, i prefer to keep emotions out when I am trading and relied on my knowledge and skill.
  7. I use sometime the most easy technique in crypto trading that many is using, observe the market for good coins with low price buy it and hold for some time until price go up and you sell it, this works for everyone that use it.
  8. Yeah trading can be done by everyone, just because you can buy and sell on the cryptocurrency market doesn't make you a crypto trader, many believe they are from just making a few successful trade but trading is much more difficult than that, it requires lot of knowledge, skill and patient.
  9. I have made some analysis on then market, I am still learning my lessons, trading with greed and lot of patient will lead you to make some very bad choice on the market, you will think a coin is doing really good by looking at the price over a few hours and jump to invest, later to find out that it was a pump and dump scheme.
  10. Yeah crypto currency trading is not meant for everybody, many think it is easy when the see people trading and because they invest into crypto just to find out that things is much more harder than it appears, most give up and lose all their investment.
  11. Bitcoin wouldn't be crashing to 8000uds any time soon, bitcoin price is moving in the positive direction, there halving of bitcoin block reward is next year, this will make less bitcoin to be coming on the market and with bitcoin demands this will increase price.
  12. Emotion is bad for trading especially trading with cryptocurrency, they can cloud your judgement and that is not good, many gets greedy while trading and let the guide down forgetting to know that the cryptocurrency market is very volatile, changes can happen any moment, if not prepare you will lose.
  13. Fundamental news is what whales use to manipulate the market, people who following FUDS without caution will mostly lose their money after the news has gone down, I don't follow or pay attention to them.
  14. Many in the crypto world trade with ignorance they just trade because they think, just by trading cryptocurrencies you will make money, at the end they lose a lot of money because they don't try to understand what cryptocurrency trading is, Knowledge is power.
  15. Yeah trading crypto currency over the past two years having gotten risky prices are falling without warning you have to get a good trading method that will save you from serious loses.
  16. Yeah these are the best to use globally and yobit do restrict their users to do KYC so it is suitable for many people around the world who don't have the necessary documents but wants to be part of the crypto world.
  17. No crypto currency will make things much better, many people in third world countries don't have financial access to the outside world, crypto will allow farmers in africa sell on the us market and get their money fast and easy, people wouldn't need third party to transact. No, the entire world few years from now will relied on digital currency for transaction it will be very hard to see physical money around and cryptocurrency will be a the top of the digital currencies.
  18. Bitcoin will reach one million that is sure, you can check bitcoin price history to see how far bitcoin has come the first price was around 0.1cent and now it is 9150usd bitcoin will continue to increase until it hit million dollar and it wouldn't stop there.
  19. I think bitcoin cold wallet is a good choice for the exchange people bitcoin will be very safe on binance when a hacker gets thru he wouldn't be able to take everything from binance and its thousand of customers.
  20. Bitcoin has been around for a long time and it will not just fail, the bitcoin era has not even started yet the coin is still developing into a international currency and will find its place soon, bitcoin will be around for a long time.
  21. My first acquisition with bitcoin is getting a lot of money from trading so I can start my online business and I know bitcoin will take me there, this will be the best thing for me to get from bitcoin i hope i reach my target amount soon.
  22. Mcafee was right on one thing bitcoin will reach a million but not buy 2020, the price can't climb that high in just one year people no amount of fuds, usage or adoption will drive price up to 1 million by 2020.
  23. We need bitcoin because it gives us the power we need to perform our own financial transaction and everything is done publicly so no want will be able to cheap and it also provide you will privacy and gives you anonymity.
  24. Yes it might but not any time soon, things on the market are great so many people are buying bitcoin so for now bitcoin price will be increasing not falling, dropping to 6000usd is almost impossible in this bullish market.
  25. I can't see a future in which bitcoin will fail but if it do I think lot of people will be very disappointed because bitcoin is an amazing technology and it impact on the world will be very great in the future when many country adopts it for use, failing will lead to alot of people losing their savings they have invested in crypto.
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