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Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc....

AlexanderPetrex
Oct 25 2017 at 14:24
5 комментариев
leo23 posted:
This topic I am creating to keep on updating about the latest news of cryptocurrencies who love to trade cryptos rather than forex.

Finally, Bitcoin has crossed a price level of 4000 USD and now at the time of writing this post, the price is around 4300 USD per BTC which is absolutely insane. Just few weeks ago it was below 2000 USD and so it is a 100% gain in few weeks.

We love to trade cryptos because you can simply buy and hold the cryptos in your wallet and there is no question of margin call which generally happens in forex trading if price goes significantly against you. Almost any % gain is possible in cryptos which is absolutely impossible in forex and many people might have been struggling for years to achieve that % gains, but provided you don't day trade in cryptos.

As long as you have invested in some top cryptos there is no chance of price going to zero and hence, just need to hold and you are always safe as long as ONLY you have access to your wallet.

Anyone who loves to trade cryptos can make their views and update latest information about crypto market.

@leo23 I am confused between ETH & BTC. Where should I invest? I just read about ETH price hike at profitconfidential.com here https://goo.gl/D8gXjd can any one plzz suggest

leo23
Oct 26 2017 at 06:27
567 комментариев
ETH is also a good opportunity to invest. But BTC will be my first priority in terms of long term investment since BTC price is expected to rise at least 10 times in between few months to 1 to 2 years.

Of course, ETH will be the second option if you can't afford the high price of BTC now and next, comes EOS and IOTA investment as well.

But note that these are all for long term investment only and not for day trading.

Finally, these are not financial advice from me. You should do proper research and analysis before investing in anything and I don't provide any specific financial advice for investment.

Kygo (OLSH)
Oct 26 2017 at 06:27
7 комментариев
AlexanderPetrex posted:
@leo23 I am confused between ETH & BTC. Where should I invest? I just read about ETH price hike at profitconfidential.com here https://goo.gl/D8gXjd can any one plzz suggest


BTC is the market leader and used as a store of value (limited supply of 21 million in total can exist, currently about 16 million do) and is also used for transactions.

ETH is a utility. Think internet 3.0. A decentralized platform to run apps and programs. To do this cost Ether like to we use fuel or gas in the real world.

AmDiab
Oct 29 2017 at 08:06
718 комментариев
Cryptocurrencies are too much volatile; how we can rely on only these currencies? I like to use only major Forex pairs, they are much reliable than others instruments.

leo23
Oct 29 2017 at 15:15
567 комментариев
AmDiab posted:
Cryptocurrencies are too much volatile; how we can rely on only these currencies? I like to use only major Forex pairs, they are much reliable than others instruments.

What you are calling as reliability that can be called as profit potential or trading opportunity. Cryptotrading is not like forex trading expecting for 0.1% or 0.2% market movement on daily basis.

In fact, in cryptos it is possible for the crypto to make a movement of 20% to 50% in a single day. Apart from that if someone picks up the right price deeps, then it is very easy to double the money once in every month which is almost impossible for a forex trader.

But cryptotrading is not suitable for margin trading or day trading. It can be highly profitable with exchange trading.

mlawson71
Oct 30 2017 at 15:02
1487 комментариев
Will cryptocurrency trading become a little safer if there’s a little more regulation on the brokers offering it?

Various regulators all over the world are trying to introduce such, with varying success. China and Korea cracked down on them pretty hard, Cyprus introduced some regulation and now New Zealand is announcing similar ideas (https://www.forexbrokerz.com/news/New-Zealands-FMA-ICOs-cryptocurrency-exchanges-must-be-regulated)

Will it even matter?

leo23
Oct 31 2017 at 15:57
567 комментариев
mlawson71 posted:
Will cryptocurrency trading become a little safer if there’s a little more regulation on the brokers offering it?

Various regulators all over the world are trying to introduce such, with varying success. China and Korea cracked down on them pretty hard, Cyprus introduced some regulation and now New Zealand is announcing similar ideas (https://www.forexbrokerz.com/news/New-Zealands-FMA-ICOs-cryptocurrency-exchanges-must-be-regulated)

Will it even matter?

Cryptcurrency has become popular because of the one reason and that is it can't be regulated by any government. So every now and then, many authorities and governments can try to regulate which may have temporary effect on market, but no effect in long run.

But regulation of crypto exchanges may bring trust for crypto users and in return more and more users can trust to use cryptocurrencies instead of regular fiat currencies.

leo23
Nov 02 2017 at 07:24
567 комментариев
BTC price was about to hit my next target 7K per BTC. I congratulate all who hold BTC.

I projected the price as 6K,7K,8K in this thread when the price reached 3K before around a month or more. As I mentioned it before in this thread I hope at least the BTC price to be 8K by end of this year.

Next, big targets next year....


leo23
Nov 02 2017 at 15:58
567 комментариев
BTC price has reached my 7K target and rapidly approaching towards my next target 8K.

While writing the post the BTC price is around 7300 USD per BTC.

leo23
Nov 09 2017 at 08:20
567 комментариев
BTC just reached near 8K price. It has not yet hit 8K, because once it crosses 8K it will rally for 9K. So it just bounced back from around 7900 USD.

Here are few price projections by end of consecutive years. This is the minimum expected price by end of each year and can go even higher:
1. 2018----------30,000 USD/BTC
2. 2019-----------80,000 USD/BTC
3. 2020------------1,50,000 USD/BTC

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