Newbies might not have experienced much loss as compared to those who started in the early time because they had not enough experience and now the current market new comers have all the experience left by the experienced ones. Newbies are now more efficient than the existing investors and traders about the new projects because they have learned more techniques and the old investors do not have much idea about newly launched projects in the beginning but newbies are efficient in exploration.

Now the small movements seem big as recently there the Bitcoin value appeared on the search engines by 10% growth. This is a moment of excitement for traders who decided to buy the previous months are now in profit while those who were in small loss are now in fine profit as well. It comes are a result by holding your coins and it must be happening much more in the upcoming days too so keep holding it.

This had been what have is trending for the past few days, everybody is wondering how to biggest and most secured exchange in the world could be hacked and 7000 btc stolen without them figuring out until the deed as been done. This really speaks bad of the crypto space because a lot of persons who wants to come onboard and here this kind of news would love to withdraw immediately in order not to end up losing his/her funds to scammers, I think exchanges need to take the security of their platforms seriously.

Well it depends on the project of the coin you are referring too, you can just call a coin shitcoin because it keeps on decreasing in price on the exchange, decrease in price can actually be caused by different factors which includes having much supply in the market than the demand for the coin, or giving out a lot of coin during airdrop, what you would check to know if a coin is a shitcoin is the project that coin was to serve, if there is no project then no value can be created, and once there is no value, the coin is useless.

People don't like to listen to advice until they have falled victim, we have been singing it for months now that the only way scammers could come into the IEO space is by creating an exchange promising a lot of features and security, especially now that we are seeing hacks on exchanges everyday, they use that advantage to take you to their platform and rip you off your cash all in the name of IEO, so please let's be very careful.

Well, we can't say much for the price of ETH since the bull run in the Crypto market has only been focused on bitcoin which is a bit strange because once we see bull run like this, it always affects at least the first 10 coins in the market, I don't really know why we are seeing a moon in bitcoin and not other coins but I believe that ethereum will join the move too and holders will soon smile.

I believe so much that the price of ethereum will rise again though it might take a while because a lot of persons are confused due to the current challenges it's Blockchain is facing, though the team behind ethereum said they are working on something big that might be able to solve the problem of scalability of the Blockchain, so let's hope for the best and then possibly we would see a moon in price of ethereum, event is one thing that cause a spike in the price of a coin, people are just waiting for the right signal.

It's great that you want to learn about the trading but as I always said it is not an easy thing. You have to more patient to understand how does the thing work while trading. As a beginner, you have to start trading with smaller funds which will help you go get a deep understanding of the trading.

And starting with small amounts can become a beneficial move for you to not lose a bigger amount in trees. Sometimes people with higher amount of loss cannot try the trading again. So it has been so clear to trade with small funds until you will become experience trader. Also, don't be emotional while trading otherwise you will ruined. I hope this thing will help to start trading.

Changes are good but they take place very slowly and this is how things would go in the crypto market. The fact that Binance will cover the losses face by users will make people forget about or care less about the hack thing. But I think Binance will come back with the strong security system to make sure things like these never happen again. Decentralized exchanges are the best but you do not get things purely decentralized.

Well you are right. Gambling being illegal in Japan would not attract many hard rockers but I think people who badly want to gamble find ways out to gamble. Like RACE in sports is something you could gamble or bet on and there are I think four kinds of races run and gambled on in Japan prominent among which is Horse racing. Yeah there might be local casinos as well.

You are right, like a box full of sharp pins only for those who are not good at finding legitimate and genuine sources or new projects.Technicalities exist in the crypto market and that is the reason only professionals and good learners can generate profit while others will always take risks. The conclusion is that there is no risk as long as you are with a crypto coin of long term trusted store of value but make sure you are a good controller as well.

Exactly, it is a huge loss and in such businesses each penny matters due to a lot of user potential. But as much I think, the exchange is not much sad due to the loss but the reputation has been effected. This issue needs to be resolved and the security should be improved to 2x that will help the exchange regain both its users and the loss it has made. Still Binance has potential users and they think that the exchange will regain its position again.

We certainly have higher profits if we invest higher amounts in trading as the profits will always vary on the size of investments you are putting into. if any of the individual is investing more than his earnings+savings into trading then that specific individual is taking huge risk but by any chance if he gets his predictions correct then you can imagine how rich he might be turning. There is a lot of risk even though as loosing the un-affordable amount is never a great idea and can mentality and financially disturb our mindsets. Also the budget would get spoiled if the money from savings is lost so the ones who invest such higher amounts are mostly bigger players and buying a house might not be that shocking for them.

Well to be honest, you will always have people like those around who would neither use a thing themselves and would spread negative things about crypto. It is only you who need to decide what is going on. Either you are in the game or you are out of the game.  Simple is that. Plus it is what you do with it. You can make money with your coin, save value or gamble with them.

We are definitely going to see a bubble in the price of bitcoin starting from next year, the bubble this time is going to be very massive and we might see the price of bitcoin getting to $100,000, especially when we have begin to see the economic crisis happen in so many countries of the world, we should be happy and celebrate that we were able to have patience in the crypto market and waited for the correction to occur without giving up in the crypto market, and now we are going to see a massive bull run in price.

Wow, I never knew about this, and I think i'm getting interested in the project already, I believe that we should stop focusing on just the price of a coin because it could be deceiving sometimes and we should start focusing on the project itself and what it has to offer to the crypto space then buy into it as long as it is a project with great potential. I have been part of those focusing all the time on the price of the coin all the time after hitting the exchange, but I believe now that what is so important is the project and not coin price.

Wow, are you a newbie to the crypto space or no one told you how crypto works before making investment, this is what I am talking about when I say people are been giving wrong orientation to what crypto is all about and this keep sickening me, I don't think there is anyway for you to get back your funds until that coin see a rise in price back to 1100 sats which might be unlikely if they don't have any real life value to which the project could exist even after entering the exchange, this is why one needs to study a project closely before making investment.

Of course man any company would find it very hard to deal with such a big hack that claimed more than 7000 Bitcoins worth more than $40 million. Binance is a great exchange and they are proving it again that it should be the exchange you should be part of. The security system of course is still a mater of concern but I feel they will work over it. This hack proved that a human can decode or undo anything another human codes.

Yes the crypto market is not affected due to the hack of Binance and a theft of more than 7000 Bitcoins. The coins still stay in the crypto channels, not all in a single wallet but might be apportioned into numerous wallets. If they can hack Binance, they can also take care of the withdrawal keep no doubt. But this has proved than even the best exchange out there need to be alert and shielded.

Keeping Bitcoin is a good strategy but it does not mean that altcoin have gone out of business. There is still great rise expected due to the bull market and that is enough motivation why should people buy altcoin. ETH and Bitcoin cash are going up. Binance Coin might gain value. Little profits are better than making nothing but of course HODLING Bitcoin is the best strategy.