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Investing in crypto doesn't matter whether it is anonymous or not. What is needed is the crypto community to accept it and use it. Binance exchange is a good example; when it came, there were already some existing exchanges but when they introduced their coin and trade fees reduced to 50% when charged in their native coin, people liked it and used it for that purpose and price began to rise up and up till we see now. It's all about the community accepting your ideas and using your coins. As i do say, every crypto can be used to pay for goods and services but that is not the case.
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Bitcoin is down now and it is of my opinion that it will now rise with altcoins when it begins to rise this time around. But in any way, let's all help the king of all cryptos to cross the 20K borderline and then the mainstream will come in looking for cheaper coins that will double easily for them when altcoins will be the best option to buy so let's wait patiently.
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For a project to last longer, it is important to have a working product in the general sense but when it comes to a working product and the price of a coin, things seem to work differently. people think a working product determines how a coin should perform but that isn't the case. Prices follow the general market sentiments even if the there isn't any working product.
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Crypto is a very volatile business which doesn't stay on one side of the coin always so it advisable to psyche yourself not to be influenced by the ups and downs that are happening in the crypto markets as that's how people also enjoy it. MArgin traders for instance, will be very happy to see btc drop as most of them will short position knowing very well btc is somehow overbought.
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The whole marketis down today and I think it is a good time to buy because the next wave will take crypto to over $20K that we all hope for this year. Many were waiting for this period because they nearly missed the 20K train again this year and I think btc dropping today is a good chance for many not to miss again
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Ether is gradually gaining good prices and the most interesting thing is that the price does not reduce sharply as we see in BTC when eth price is moving up. It goes and and up until we make it again so I am waiting for the ultimate now as ETH is showing a gradual improvement in price  |
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For a project with constant updates like ethereum, i will always back them with my last few bucks when compared to a project like litecoin that seldom does that. We may see ether to be slow this time but I think you should all understand because that is the trend in market as always. BTC goes way up before all other coins follow so et's give altcoins some time.
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Cryptos do not have any boundaries. You do what you want to do with your crypto and if not deposited on an exchange, no one can control your crypto for you. Paying online has been improved a lot and funding online payment merchants like skrill, neteller and other has become a bit easier compared to the when only fiat to fund one's account.
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I am totally not in support of this because as crypto is used of late as a means of payment, it has indeed come to stay with us. it is faster, safer and anonymous which most of us want it to remain that forever.
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I will suggest you participate in airdrops because some airdrop fetch more money than bounties that requires that you work for at least 2 weeks before getting paid. With airdops, just one day can fetch you over 1K, yeah, I have witnessed such projects as hydro and ebtc that fetched me huge monies. Some may be a scam though but to prevent losing of the legit ones, I advise you participate in all.
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The number reason, I think, is that most dexes are not user friendly.
Secondly, the requirement of one's private keys makes it difficult to trust dexes becuase in case the site is hacked, the attacker gets their private keys and access to their coins which was not even planned to be sold on that exchange.
With centralized exchanges, you only send coins that you want to sell to the exchange which makes it a better option.
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The top 100 alts are always my favorite to look out for despite the fact that some coins like mnx have moved from the top 100 to farther away from even top 600. It is dangerous when you do not do your due diligence well but the top 100 alts have about 95% being very good to invest in as they always yield good profits when alts are pumping.
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Devs will make everything possible to be the winners in the crypto space. After all, what they will say is that they do not control the price at the exchanges so they do not care about anything at all. All they do is to set a price and start the selling process. They do not care about what happens to the price next.
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Bitcoin's current growth is not as a result of a particular country involving in bitcoin/cryptocurrency. Even where crypto is banned, people still participate in bitcoin trades and a lot of crypto dealings. Crypto enthusiasts are never affected by a ban so nothing will happen to bitcoin if it is banned in even up to 10 big countries.
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As far as new projects pop up, bounties will continue to be in the crypto space. I think it is a good way to attract more people to the crypto space. I didn't enter crypto with a lot of money but through bounty, I have been able to contribute so huge in some ICOs. I do not expect this to end now as new ideas are now coming
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hardware wallets are safe when compared to online wallets in a sense that they are solely controlled by you unlike online wallets which are controlled (I mean the website's servers) by a third party so when the site is offline, you lose everything even if you have the password as most of them do not provide private keys. It is better to use a hardware wallet if you fear a website may steal you and I personally use them because most of them do not have access to your private keys as they do not keep a backup of your keys.
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In reality, it is indeed hard to earn profits from making day trades as it takes the experienced trader a long time to make profits. One cannot just make a one day trade and make a profit of over 1btc when they have say only o.1btc to trade with. So if someone is making like a 1btc profit, it means that person has entered the market with a very huge amount of money.
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I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.
Gain and loss are common things in cryptocurrency trading, why did you stop trading already ? If you weren't stop, you might gaining profits. In crypto trading, some peoples loss, and some peoples gain, for example this guy : https://bitcointalk.org/index.php?topic=5149840.0Trading involves either making profit or loss and it can take all your money to lose or a little to gain from trading. That is why the exchanges have implemented a stop-loss feature to help people from losing all their assets. If you keep losing, the best thing to do is to stop trading for some time and come back late. Some may not come back again but it's in their own interest. |
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