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You don't know why? Money is their motivation but the don't have enough product to make that money so they are creating hype and make buzz about them to create investors and steal their money for useless tokens created for some bucks.So don't invest on ICOs for now until you can know that it is capable of making some real use in this world.
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This year, many changes have already begun to enter our lives. Our world is slowly forming. You see how there have been developments in the field of artificial intelligence. Of course Blockchainde very new and exciting technology. I think Blockchain will definitely be the new economy model.
We are at the very beginning of this year and didn't made any significant changes in the economic model whereas the crypto is looking good at the recovery since the beginning of this year but it didn't have any growth yet which can change the current economic model. |
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It is necessary to store all the details of crypto related investment and tell the information to the person that your are trusting the most,it maybe your wife or life partner or family members who you want to be happy with your money even if you are gone.I thik in future we may have some services related to this but for now nothing like that available.
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Is it legal to accept fiat during ICO? Please advise if otherwise.
It happens on rare cases and it will be difficult to track the investors while making payments on fiat cash I think,you can make the accepted currency for your ICO into wide range rather than accepting fiat. But yes it is legal and what are the things you can get by accepting fiat for your ICO can be found https://applicature.com/blog/accepting-fiat-currency-ico |
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If there is a state who accept crypto not just a means of payment but, also considering this as property meaning to say it should taxed and have central authority by the government. Once it has good results, I think it is a great influence by anybody states to adopt crypto as well, particularly in bitcoin.
But no central authority for crypto currency particularly for bitcoin so how it can be regulated by countries.We don't have to pay any taxes for using crypto currencies separately because we already paying taxes for the thing we are buying and we will pay taxes for our income so asking for taxes still is like extra tax for using our money. |
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I guess exchanger means a person that you will direct use to exchange your funds.
I.e
Bitcoin to USD / vice versa.
I prefer to use both, why? if I'm satisfied with the service of the exchange that I use, why I should look for another exchange or any exchanger? But there are instances that I have to use an exchanger(person) when someone asks to deal me with or if he has a better current rate.
good point of view Would you mind to give your own point of view about the choices? Frankly, I don't think that there's too much difference between them but it's just about on how you are very satisfied with any of them. I think OP is just doing random posts here since he didn't mention anything related to what he had asked. But exchanges are not really best for security but for converting huge amounts trading with personnel may not work so they have their own pros and cons. |
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The best and most safe way is to simply set aside, a set amount each month, buying during the good and the bad times. Dollar cost averaging is your friend.
Every month one should be investing in the coins which they think will grow in future and this will help us to build a portfolio for ourself and also the price would get averaged out as at times it would be less and at times may be higher etc .This could be a way for many people to o buy as not everyone can buy at one go . Its is good strategy for long term holder but definitely not the best to make more money from investment,I will say while making money for investing on bitcoin every month they also need to explore other crypto earning way like trading and they need to try it also to make more money but with less capital which is not needed for the investor. |
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The reason people think it is a scam because they are saying: "raised more than 60m dollars" which is a huge claim in the current market. If i were in their shoes, i would probably show some proof of it.
If they don't have any proof for that reach then it is an obvious scam,it should be discussed on scam accusation section not here. Hope it will be moved soon for further discussion. |
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Doubtful, if they did the early mined coins would have already been moved. They wouldn't of just sat on 20 billion dollars worth of btc at the peak. Governments would of banned it but because of the decentralized nature there is not a single party they could go after.
For sure,government is not under the creation of decentralized payment system,because it is literally against them so it maybe created by someone from government but it is not going to be any support from the government if they want they can make it centralized and advertise it as new technology the everyone will started to use it already. |
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For now, having many alts in the market effects it negatively since money is not focused in a single point. To be exact, bitcoin's dominance was lesser now compared to last 2 years ago. Money that should've been into bitcoin is flowing to the useless once that are being used for pump and dump schemes.
The dominance level is still same as before but only the total market cap of the crypto currencies were increased.Most of the coins including bitcoin were used for bump and dump to make profits,it is rarely used as payment system so we no need to blame on the crypto currencies,we son't have the people yet to accept cryptos as currency. |
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No need to worry that all altcoins will die. Altcoins tend to increase the cost much more than BTC. But some altcoins probably won't be able to rise. This is a natural selection and fraudulent projects.
Can you point out which altcoin is going to increase its price more than BTC? Currently bitcoin is dominant in this market and the prices is untouchable for any others even if the price of bitcoin is bottomed out now.All altcoins is not going to die but most of them will eventually by days passes. |
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because with inflation, it will cause market prices to change very quickly, or even inflation will cause the price of tokens to be worthless in some types of FIAT currencies, therefore inflation is a matter that is very burdensome for prices in the market, and the benefits we can get .
But in crypto currency there is no inflation,the prices were determined by supply and demand since once the number of tokens were created it will have maximum limit so no cause for inflation here,if your fiat undergoes inflation then your crypto currencies will get more value than current so you no need to worry about fiat inflation while holding cryptos. |
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If you're the one who gets addicted, what possibilities can you do?
It will be serious if you ask me,I will mentally get disturbed a lot if I am addicted to something and it will feel like a hell and I experienced that addiction on something other than gambling but in gambling it will be much worse since I have to give more money whenever I want to get happiness from it and it will keep eating all my saving,then assets and my life as well. |
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Everyone knows that,but most of them are failed to make profits from doing trading which is the important thing to say them as a trader.While trading making a fixed target will help us to understand what we we working for.But people are just doing trades without much intention other than making money so irregular plans makes them to face losses than wins.
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My biggest reason is that I don't want to come out with a loss, and I think crypto still has a future, and by holding it I will be able to recover losses.
Most of the people hoping that and yes it will become possible too,We can see the price chart of bitcoin overseas to convince ourselves the prices will recover for soon in the coming months or years.But don't hold too much money if you can't afford it to lose. |
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Bitcoin already did the impossible. Newbies are trying and wishing something impossible to happen just cause some etf or just cause they got into bitcoin this days. Is there a bigger picture? There is, first bitcoins were free, not price is $3,500! In less then 10 years bitcoin did the impossible, and this is not the end, this is a new beginning.
Yes,it did something impossible for the other kind of investment in this world,why need to care about ETF approval and it won't make the bitcoin better. The prices were not good for now but in another 10 years we may see the prices in unimaginable level,so keep your investment right and long. |
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Rarely gambling increases crime but there has been a few isolated cases. These cases come from violent people which may have gotten drunk and lost a lot of money in the casino so they are more suspectible to crime than other persons. That is why lately the security of casinos have improved a lot, offline casinos.
In rare cases right,but normally people tend to think that people who are going to casinos are bad guys who maybe drug addicts and commit many crimes in their life so these kind of thoughts were striking on people mind even if the crime is happening all over the world.But online gambling evolution may change this kind of though among the common people. |
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No one can't denies that ICOs are great form of investment because it is giving huge returns when compared to already found cryptos but those risks are the problem,and it will be better to give the decision making power to the people who willing to take risk on ICOs or not than banning it from their citizen.
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What are some examples of when emotions mess up your trades?
1. Some time we become very greedy. And don't close the trade with profit. 2. Some time trying to buy quickly a pumped coin with emotion. 3. Some time sell a coin which dump heavily and again buy the same coin after sometime of sell with high price. We should always control our emotions. And we should take a decision with cool head and without emotion. Always be cool before buying and selling a coin. And should close a trade with little bit of profit. Trading is driven by emotions so it is not controllable at most cases and it maybe identified and can restrict the losses from emotional trading when you have lot of experience to face that situation.I don't say it is wrong to buy a coin when it is bumped up but it needs to be in short term and need to close that bumped coin very soon to make profits even if you see that prices were bumping again. |
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