Why do some go above and beyond what is even actually required?
Also, which ones ask for the least amount of KYC?
sometimes KYC can have both negative and positive sides. There are many issues that arise if KYC only aims to obtain identity data from members and they can trade and sell them. but on the other hand KYC is useful to find out who the real members are and not the members of the crime. so KYC has negative and positive sides, it's just how we perceive it |
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BNB price is going to go up soon, I don't think it's a peak price. but this is the initial price of BNB's increase and BNB will soon find another ATH in the future. and the potential for BNB is also very large so do it when BNB still has its current price before BNB flies higher
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The first thing you need to get started trading bitcoin is to open a bitcoin wallet. Bitcoin traders are actively seeking the best possible solutions for trading and investing in bitcoin.
These bitcoin strategies can also be used for trading bitcoin cash as well as other cryptocurrencies. In fact, you can use this as a trade guide for any type of trading instrument.
The method to employ are simple. Diversify your trades. ...
Minimize trading costs. ...Watch Trading times. ... Make sure to follow Bitcoin News. ... The use of technical analysis is essential. ... Finally, use stop losses.
This point is the main point to be used as a trading option, but sometimes people don't use stop losses or people use stop losses from bots. my question is to use a trading stop loss for bitcoin is it accurate, considering that the price of bitcoin fluctuates very high and the price changes easily in seconds ? |
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According to many people, there are those who can say it as a job, some say that it is a side job. It depends on their own perception in my opinion, because many professional traders say that trading is their main job. so back to your own needs
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I'm not sure about that. we can still appreciate whoever the inventor of bitcoin because with him we can own and use large technology for transaction purposes such as bitcoin. so sorry I do not believe any of these statements
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I've been in the cryptocurrency sector since the infancy, and I've seen the brightest and darkest days of BTC, but when I look at the current growing conditions of the bitcoin industry, I see that we've come a long way, and most of the world accepts cryptocurrency payments, and some major brands are even linked to the BTC world.
But every now and then, I wonder if these circumstances will last longer and improve in the future.
What are your thoughts on the matter?
the state of bitcoin will continue to improve in the future as long as there are many bitcoin enthusiasts, because as we know bitcoin enthusiasts are currently increasing. so this is a good thing for the future of bitcoin because bitcoin itself is a commodity that society will unwittingly accept easily |
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My journey began at the beginning of the pandemic. My portfolio was growing and I was in a state of euphoria. I assumed, that trading was really easy and instead of sticking with my initial plan (long-term investing) I got to shorting/trading a lot. Yes, I lost the battle .... If you do not have the knowledge and experience, then using day trading you will definitely lose your deposit. In such cases, it is better to stick to investing for the long term, leaving the minimum part of the deposit to gain experience in day trading, while simultaneously gaining knowledge about trading. maybe a mentor is needed because if there is no daily or long-term trading mentor it will still be the same as losing. So I think mentors are influential as well as setting our patterns for trading. |
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I also think that trading can be categorized as a job because there are so many professional traders who depend on trading for their lives, this is a new branch of work in my opinion. where when trading we also need analysis and learning. so if trading is categorized as gambling it is wrong
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I just briefly answered the exchanges that I like and I think is good is when the exchange has a good volume and it is also safe for traders to place their assets. because now many exchanges are vulnerable to hacker attacks and the security aspect is very vulnerable. it's risky
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price increases will still occur even if bitcoin reaches a price of $ 60. I am still confident in this potential, because what I know is that bitcoin price is still experiencing a significant increase and continues to run only occasionally experiencing corrections
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the price reduction is certain, that's the scheme that is currently underway. but usually it doesn't last long for good coins like bitcoin, ethereum and others. usually they will recover quickly in a short time after investors enter a new phase of reinvestment
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in my opinion it is different. bitcoin is more aimed at processing transactions while casinos are for entertainment and games. besides that bitcoin is easier to process based on analysis, while casinos only capitalize on profits. so I think this is a significant difference between casino and bitcoin
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The difference between this season and 2017 is the openness of all banking networks for crypto. This is a positive signal for crypto because this can be used as one of the crypto ara to be able to rise. but the most important thing for bitcoin is price stability and makes bitcoin remain in the best position
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see now the price of BTC has increased very high, if you think you have gotten a profit, my advice is to sell now and wait until BTC corrects and buy at a low price. don't be too pushy to hold if you really need money. enjoy and use bitcoin casually
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prediction many people estimate this year bitcoin can touch $ 70k, this can not be believed but if you look at the current price of bitcoin touching the price of $ 59k and can be stable I think it will be easy for bitcoin to fly higher. I believe that the market conditions are getting better
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Does Bobby Lee's book discuss all about crypto, especially bitcoin? or is it just an entertaining reading? It seems that what is written in the book is not necessarily what it is today. because we know that the development of crypto technology has experienced significant changes over the years, so this is not necessarily the same as the current condition.
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Can a coin with very low 24hrs volume still brings profit? For example zclassic, the volume isn't even up to 20k in 24hrs, is it worth the risk or it's a big no for you? What do you think about this?
Coins with higher volumes sometimes have not been maximized in pumping prices, what about low volume coins, it seems only very risky. So my advice is to choose a coin that is really good rather than throwing money for things is not important. |
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Both of them have shown good potential, only need to be done for the division of percentage according to potential. or more cardano or more polkadot. It's all in your choice, so don't ask both of them, because both are very nice and potentially
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See yourself, greater potential trading or investment. Don't lie to your money risk for things that are not good, in my opinion trading or investment has the potential for big profits, it's just that our skills capabilities are tested to choose. so expect your skill in which choice you believe
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I’d like to get some opinions on Altcoin investing strategy. Here’s where I’m upto.
1. Only invest 1% of portfolio
2. Take out initial stake after 3x gain
3. What about taking further profits, selling out completely? I’ve read that altcoins will lose 60-90% of their value when altcoin bubble bursts.
point 3 is too risky. because of the nature of altcoins when the pump is not all altcoins are able to survive and end up correcting or dumping. so when you get a profit, I don't think you need to be fast to look for large profits. you just need to adapt and take advantage of the existing situation |
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