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121  Economy / Trading Discussion / Re: Trading chat on: October 05, 2019, 08:14:29 AM
There are many trading chat channels over internet for trading discussion of cryptocurrencies,forex market and other financial products. Some of channels are charging fee for giving their trading calls and some channels offer free services but not all of these channels are legit, you cannot blindly take their calls and  trade based on it. Anyone can join and check trading calls/discussion for some days, if it is worth taking just go for it else leave the channel, even many paid trading channels are providing free services for days , one can subscribe those channels to check trading discussion /calls.
122  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bad habits from devs with bounty rewards on: October 05, 2019, 07:40:27 AM
Bounty projects are changing rules frequently now a days, even good projects are not keeping their promises. Bounty rewards are not being distributed on time and even there is delay in product release by many projects. Many projects are following the road map and launching their product but are delaying bounty rewards with the fear of dumping as market conditions are not favorable. Its very difficult to chose a legit project now a days as 1 out of 10 projects executing what they promise before the campaign.
123  Economy / Investor-based games / Re: myteamfx Scam Fraud Site?? on: October 04, 2019, 10:12:41 AM
Hi All,

I have found interesting website to myteamfm . com which allows to sent BTC and withdraw BTC, but whole this site looks as a scam. Because the only allow deposit and withdraw only via BTC.
Anybody have any info about this website? it is Fraud one?


Oleg

Myteamfx is a forex broker which allows to deposit and withdraw funds thr BTC and there is nothing new in it. Many renowned brokers like Fxchoice, FXTM and many other allow users to deposit and withdraws funds thr BTC, Fxchoice even allows users to deposit and trade ETH, XRP as base currency, so myteamfx cannnot be labeled as scam if they are accepting and enabling BTC withdrawal. Although I never used this broker for trading forex but they are claiming to be regulated by Canada's Investment Industry Regulatory Authority(Friedberg Direct – IIROC), Australian Securities Investments commission (ASIC) and British Virgin Islands International Financial Services Commission (BVI). I do not think they are scam.
124  Bitcoin / Bitcoin Discussion / Re: Loan to buy Bitcoin? on: October 04, 2019, 09:26:14 AM
The first rule of any investment is "Never invest the amount you really need or cannot afford to lose", since this is not true in you case you can go ahead to take loan, as you said you can easily pay the loan even if you lose it then you should go for buying of BTC at this price. Although $500 every month is also a good amount to invest, if you are looking big profit then bigger amount required to be invested but with bigger investment risk is always bigger. In my opinion this is the right price to buy Bitcoin, if it still seems risky then you can invest half amount at this point and can keep rest of the amount for lower price.
125  Alternate cryptocurrencies / Altcoin Discussion / Re: how to detect desperate Developers and scammers on: October 04, 2019, 09:04:57 AM
Obviously any project that promises you any of these are either scam or dangerous investments plans managed by desperate developers

1. Huge ROI in short period of term
2. Risk free investments
3. Assurance of what to come
4. Big exchanges listing like binance

I have promoted projects that pretends to have listing plan on big exchanges just to make people promote the project and make investors invest too

These points are good to identify a scam project but scammers are now becoming smart with every passing day. Scammers are finding new ways to scam people. There was many projects in  2018 which were having good roadmap, strong team, regular updates and everything that signifies these projects as genuine but later they turned scam,intentionally or unintentionally. I think its very difficult to identify the scam projects unless  some strong protocols are made by crypto community.
126  Economy / Trading Discussion / Re: We are finally going to $22k on: October 03, 2019, 03:01:22 PM
It will not be a surprise if Bitcoin moves to $22K next year. We all have seen its movement in 2017. I agree to the point that most of the investors have lost their faith in ICOs and IEOs due to rising scams. Although IEOs have given a little push to crypto market but it still needs low of money inflow. Once investor's confidence on crypto projects is rebuilt, I do not think Bitcoin will take much time to reach $22K.
127  Bitcoin / Bitcoin Discussion / Re: Bitcoin isn't just an investment, it is the future on: October 02, 2019, 02:25:48 PM
No doubt Bitcoin is the hottest currency to invest and it can brightens anyone's future but everyone should remember its volatility. Bitcoin can even make your investment 1/2 in few days. Instead of investing money in Bitcoin or any other cryptocurrency we must learn the right point enter first. Just think about people who invested in Bitcoin at $19k and where are those now, I have seen many ICOs getting shut down due to 2018 Bitcoin blood bath, so instead of investing at any point in Bitcoin we just pick the right point and decide a point to exit.
128  Bitcoin / Bitcoin Discussion / Re: DID I MAKE A MISTAKE INVESTING IN BITCOIN? on: October 02, 2019, 08:29:02 AM
Its too early to say that investing in Bitcoin is a mistake.Those who invested in early 2017 are still in profit and if they had withdrawn it in early 2018 it was indeed the biggest return in any asset at the same time who bought there at $19000 are struggling to breakeven their capital. The way Bitcoin is being adopted at many big platform it may be called at wise investment but the way many govts. bigger financial institutions are behind its existence it may be consider as risky investment as well. I think Bitcoin will hold strong in coming years and investment made into it must return fruitful.
129  Alternate cryptocurrencies / Altcoin Discussion / Re: Can we stop promoting scam project? on: September 30, 2019, 11:20:25 AM
Its true bounty projects are not in good shapre, either they are not paying or delaying payment, even price of tokens is not doing good after listing. Since July 2018 I have received $100-200 out of bounty projects although I joined many campaigns, some of those projects went scams or delaying payment. Its very important to have bounty payment assurance from projects and I think this is a good idea if projects have to escrow funds for bounty payments. There may be some other ideas to secure our payments. The only problem is to unite every bounty hunter on one platform.
130  Alternate cryptocurrencies / Altcoin Discussion / Re: How to find scam coins on: September 30, 2019, 11:07:34 AM
Unfortunately there is not any way to recognize scam ICOs. Every investor joins ICO after research with the hope of appreciation of his/her investment but not every ICO succeeds. As stated by one Sr member in his post, he invested money with a renowned project which could not launch their product and refunded investor's money whereas other new project in which he invested money is surviving. We can only do our best research to find a good ICO but it is difficult to analyze its future in any way.
131  Alternate cryptocurrencies / Altcoin Discussion / Re: Will crypto really go to zero? on: September 29, 2019, 01:39:26 PM
The exact statement by Vitalik was "Cryptocurrencies may go to zero any time", it means it may go but not certain and it is obvious if cryptocurrencies are not adopted by Govt or big business agencies or general public then it may really become zero. If any crypto token is not usable it will go zero for sure but if we talk about BTC, ETH, BNB, these tokens are usable and being used at high level. There are thousands and thousands of transactions are being carried out of BTC and ETH blockchain, BNB is widely being used on Binance, I do not think good crypto have dark future ahead.
132  Alternate cryptocurrencies / Altcoin Discussion / Re: ???? AFRAID OF NEW PROJECTS !!! ? on: September 28, 2019, 02:54:45 PM
Most of the investors afraid of new projects in current scenario and this is because many scams projects are into existence now a days. Even legit projects are not performing well. The other reason is investors are impatient and want good return from every new project as early as possible, in current situation most of the new project price are dumping after launch on an exchange, although those projects may perform well in future. Investors need to understand the whole market first. If they are investing money it should be for some long time, if a good project is chosen it shall give good profit in future.
133  Economy / Trading Discussion / Re: Getting too emotional while trading crypto on: September 28, 2019, 02:39:25 PM
I think the most common factor to control emotions in any type of trading is to pre plan the trade first and manage the trade as per plan only. Suppose you buy Bitcoin at $8K and take risk till the price $7500 and target your profit at $9k so whatever side is hit, you will always be prepared for it. Even if BTC crosses $10K it will not make you regret to be in trade as you had already meet the target. By planning a trade properly and execute it as per plan makes you a  professional trader.
134  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounties question on: September 27, 2019, 11:18:13 AM
I am a bounty participant in BCNEX, its a legit exchange, today they have listed BNB coin but they have not distributed bounty rewards yet. Super airdrop reward have been delivered to participants exchange accounts where was " earn" airdrop reward still to be distributed. Dates of bounty and earn airdrop prog is still to be announced. I did not participate in ETERBASE, and ETERZERO so do not have idea about both these projects. I believe BCNEX exchange will do good in future.
135  Economy / Speculation / Re: Will Bitcoin cross 3K USD this year? on: September 27, 2019, 10:34:01 AM
It seems to bear market. Should I hold BTC now?

Be cautious, this may a bear trap before price pump. I suggest you to calculate your risk and act accordingly. If you have bought BTC at lower price I would suggest you to wait, even if you have bought at higher price and can bear some dd still you should wait. BTC was already in red for past many months, it was recovered to $13000 recently and now there is a sudden drop in price, it may be some sudden correction following some news. Search the internet and make you decision based on some solid ground.
136  Economy / Speculation / Re: Bull or Bear season for crypto? on: September 26, 2019, 04:42:54 PM
It cannot be called as pure bear trend but it is nearing to that point. Bitcoin has slipped to $7900 from $13000 recent high, that is the cause of concern for all the crypto holders. If the price could have stabilized at $9k, we could have called it correction but at this level it may turn into bear trend anytime. Lets see and hope this bear trend does not come again. Bull trend has surely broken but it has not entered into bear trend yet.
137  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Alt season come soon? on: September 26, 2019, 04:23:09 PM
Not only altcoins but Bitcoin is also bleeding these days. It reached $13k in last few days from $3500 so we had some hope but now again it slipped to below $8K. Bitcoin may touch more lows in coming days. Strong altcoins like BNB, BCH are also bleeding, there is no inflow of money in the market, projects are getting delayed. Overall current situation does not seem favorable but we still have hope, crypto market will recover if not soon then later but it will recover.
138  Economy / Trading Discussion / Re: i failed in day trading on: September 26, 2019, 04:14:22 PM
For some reason, my friends always say that daily trading carries a much greater risk than trading for a longer period and there is no free time because of this.  In addition, I want to pay tribute that it is day trading that gives the best income, but will have to take more risks.  I have not tried using day trading yet, but I want to learn and gain some experience using YouTube video examples.

Risk is everywhere, be it day trading or long term trading. One benefit of day trading is, it has small SL whereas long term trading has bigger SL, the same goes for TP. Day trading is more stressful but have more setup to trade whereas long term trading is less stressful but it has few setups, you may find setup once in many days.
If you are thinking to go for day trading, I have one suggestion for you, always trade in the direction of higher TF, you will have more successful trades than failed trades.
139  Alternate cryptocurrencies / Altcoin Discussion / Re: What Do You Look For In A Bounty Campaign on: September 24, 2019, 01:53:46 PM
Personally before joining any bounty campaign, I check the project detail first. What is their core product and its use, then the team dedication, how much their team is active on Telegram and updating things about project and third thing I look for is the percentage of reward they are offering, it percentage is low then there is point of joining that campaign even if  project has solid background. Good percentage of bounty rewards is equally important. I all these three criteria meet to my expectations, I join that bounty campaign with no second thought.
140  Bitcoin / Bitcoin Discussion / Re: The most popular payment methods to buy Bitcoin in 2019 on: September 24, 2019, 01:45:07 PM
I simply do not use any of the method mentioned above to buy Bitcoins.  Buying and selling Bitcoin is most easy and secure on any P2P exchange for me. Localbitcoins is the most trusted P2P exchange for me to buy and sell Bitcoins. It provides me the facility of buy on sellers price or place my own bid to buy Bitcoins and vice- versa for selling BTC. It also provides with the trust ranking of all the users there to chose from and also payment is instant. I believe P2P exchanges are the most easiest way to buy and sell BTC currently.
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