So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
Well what to say about this. When people starts getting free stuff then they will not look into the deeper side of it. They will straight away move for grabbing those free tokens and will try to earn as much as they could. Literally these people are just trying out their luck very ver hard to get money. The airdrops are also made like that way so that people can get attracted very fast and try out their airdrops. May be people will never learn to be alert about what they are buying and how they are promoting the scammers.
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I believe those are those only option they have got. Or else they might just start with less coin count (rare ICO's) and however 99% use the first option only. This makes sense because if you are not going to burn them then it means only one thing there will be huge unwanted supply of the coins. This will create less demand and high supply situation and thus making the coins go down the hill very quickly. I guess its good stuff that they burn it.
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I guess, what I see is what I believe in really. The market is already having huge value as can be seen since the start of crypto. The market is growing why? Because people are putting money into it on daily basis ad thus making it valuable assets. That money which goes inside the market is making the bitcoin valuable or giving it a true value. For example, if there is empty box and two merchants are present. One is to put money on it and other is to sell it. Both will initially put something on that box to acquire a share. That becomes the market cap of that box. Now one will hold and other will try to sell because he want to leave. This is creating demanding and to fulfil that one third merchant jumps and buys at that rate. This fulfils the demand and supply and in the process creates a value to that empty box. This is how I udnertasdn this equation.
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Owners have decided to stop the campaign. you may remove your sigs
Thank you for the update yahoo62278! Good luck to Ivy Team.
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I have stated to agree more and more on this one. Recently (with hard heart) I needed to use the HitBtc because one of the ICO coin is listed over there and wanted to exchange it urgently. But the system of hitbtc is so crap that it took me almost two days to withdraw my traded coins from it. All the time when I went to withdraw then its email verification stuck all the time. I lost my mind over this and contacted the support and they wont even contact you with real human but just bot replies. It sucks a lot surely. Day by day its getting lower ratings dont why the devs are sleeping.
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There are many exchanges out there. Which one do you use and why? Thanks!
Yes there are many more exchanges but I always used only one to trade and invest into my portfolio! Thats Binance Dont know why but this exchanger always have been very attached for me due to its ease of use. The number one thing is, its UI is perfect one, you can literally get everything that you need during your trade in single window and thats what I always wanted to have. This exchanger never lags in front of me and neither it has ever gotten its wallets shut off for longer than hour or so. The mobile app is the same thing, literally everything is slim fit over my android and amuses me lot.
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It is all about the learnings that you have gotten from the crypto currencies. If you did not attend the lecture faithfully then you will be turned into the weak handed person and would be in the group of panic seller. Those who has got real knowledge about the crypto currencies will never speak about the selling, never create the FUD's and anything related to that. I believe those threads which you see all the time is all because of FOMO character that they have inside them and nothing else. The only thing we can do is ignore them and be hodler as always we have been. There is always right time for everything which they dont know.
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Really! I dont think that is really the case. I dont see that banks can not afford the improvements of old traditional methods at all. They are the richest organisation of all time and they literally rob us when we keep our money into savings account. I guess thats enough money for them to change their or upgrade the current technology. But its good if they are really looking after the blockchain technology adoption and implementation of the same in their banking network. If this news is true then this country should be the first one I guess to have it inside their network.
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I like it man, the three rules of yours :- Create the rules, plan the trade and limit the trade! This is how I am looking at your whole article here. These are the three main points here and yes they are worth following all the time. I mean this can give us the swiftest way to trade our coins and we will help ourselves minimise the trade losses with this. Because we already screening out the possibility of loosing by planning and executing the same. So yeah risk management is vital part. There are always risks involved, they cant be removed completely but they can be minimised always.
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I am sure no one is bound to when to sell and when to buy but what you just said is called as FOMO - Fear of Missing out! They always fear that they will miss the high prices and start buying at highest price only while they fear they will miss the opportunity to gain but they actually sell when the crypto is already at the bottom. Yes seen this many times and this is the exact term which you are looking for here. People do talk about the weak hands here who always end up with panic seller irony and thus make mistakes while making the trades.
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The blockchain ledger is an incorruptible system within which any information that is entered into it can not be altered or better still deleted. Would it not be advisable that governments and banks inculcate the Blockchain technology into their financial transaction so that there can be transparency and orderly arrangement of transactions.
But how do you propose to replace the current system that is Swift technology on which the whole traditional banking stye works? How do you see that all the countries will be agreeing on accepting the blockchain and then implementing it throughout the world. Problem is not with the blockchain but it lies in the political pressures and different government and unfriendly countries! The swift made it successfully when the time was right but now countries are falling apart and they all have their own ego. They wont be agreeing to accept everything at the same time and when it comes to the blockchain then they think about it as risky stuff.
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I dont see how that is related to the bitcoin alone and not for all of the crypto currencies. Well, bitcoin is basically currency and it wasn't meant for earning money but human greed put it into the position where we use it for doing so. Anyway, the truth is money gets more money and if you add risk in it then you get even more than that. Scams, issues with earning methods, getting into wrong way of earning is all about the rules of financial management. How do you seek the monetary funds and how well you manage it. Its not about the bitcoin really, its about financing I guess.
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First of all,I think one must have financial stability. Have to take risk of certain amount that won't fall any impact in financial stability.What others thing one must know?
What is your opinion or idea?
I guess having financial stability is great importance. The crypto currency is not primary business or way of income for most of the people/investors here. So ideally if you want to make investment somewhere then financial money management system does says that you should look after the expenses, the money in and out of your life per month basis. If you get some amount in your savings and some amount still left over after those calculation then you should be risking that money into other stuff like crypto trading with your free mind.
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Is it because Ethereum's limited capacity?
I see big pump on the way. But, its true that ETH is really struggling with network scaling issues right now. Since two weeks or so ETH transactions are increased so much and the network congestion continues to suspend these transaction and making them pending for over 24 hours and more time! This is nightmare for the ETH, and if there is nothing they can do about its scalability issue then ETH gonna get suffer a lot in the future.
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In that complicated case you can only end up with the HODL option. Believe me that is the best saviour of life! You can not gain profits as long as you dont sell your stuff at higher prices than what you bought at. (Thats logical). But people fail to hold their breath until they see such hikes, gets panicked, and loose control over sell button and press it. Its just that, Pundix is overhyped now and as you stated lots of sell walls being generated meaning its gonna take long time to recover for it. So better HODL, stay calm!
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It's obvious that alts can return far more than BTC. They can also lose you a ton more too and die completely to boot. A lot of alts that are somewhere right now will be nowhere relatively soon. Do some reading and hedge your ass.
Lol, liked the last part. Well, I believe bitcoin is equally important too and far more profitable because you never know when it will be more than 20K USD sooner or later. Look at the market today, its already gaining some importance and has started to move up. Do you think the current dip was completely natural? I guess it was fully manipulated and whales are now entering the market back. This is similar to whatever happened last year. Now I am 100% sure that they will spike it to unbelievable prices like those! Stay tuned and be ready with your bitcoins.
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In US guns where legalized for the primary purpose of people protect against oppressive governments. Brilliant idea.
Is Bitcoin the same thing against FIAT? No doubt FIAT is oppressive (just read some basic economics).
Very big difference my friend. Dont see any relevance with what example you gave. We still have Gold and silvers to protect us from the catastrophic effects if in any case something get wrong with the FIAT. I dont know why people have started to think about the crypto currency a lot in todays date as there was Gold rush before and now they rely on the crypto's straight. Putting too much trust over the crypto and its still in the ambiguity whether the regulatory acceptance will come or not.
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what a year, wish I dump all the coin in late DEC lol
and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..
Now thats called as FOMO - a perfect fear of missing out for the past events. Well you should be patient enough in the crypto world if you really want to make some bucks here and let the coins develop themselves at the pace they are working right now. Nothing happens suddenly, if there was high pump then do expect the similar big dumps in the time. The current situation is just mark of that one and just the same way you get happy with heavy pumps then you should be worry free about the current dump and consider it entry point for your next profits.
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What analyst says is not always true fact in the crypto space. Things are prone to change here lot of times. There is always unexcited stuff happening round here both positive ways and negative ways! So be relaxed about the current bearish trend which shall be over with the current month or by the end of Q3. Why? Because this is the time when most of the investors start rushing into the bitcoin so that they can prepare themselves for the December hikes which is surely there due to condensation. Sometimes you have to rely on fundamentals rather than technical analysis and get your answers.
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When you are a trader in this market. The first thing you do is learn. Learn about technical analysis, capital management and how to control your emotions. Maybe, You are good trader. You can be a very disciplined person when trading, you always stoploss and take profit at 5-10% point. But have you ever forgot yourself? it's just for a short moment.That moment is you falling in case with nothing to lose - a gambler's mentality. You drunk blood and completely forget about the discipline you set before.( Especially when you join the margin ) Why do you join the trade in crypto? This is due to fluctuate strongly of this market, "high risk and high profit ". And there is a bit of gambling in it. RIGHT?
When trading all I know is that I am already putting my money at risk which may get best ROI possible along with some profit slots. I only keep it positive always and think about it in winning situation only. If there is no way to win then I dont enter that particular market because if im not confident enough then I never jump into that market again ever. I choose wisely, I dont play greedy games, and I completely control my emotions during the trading. Thats the best way to go around this matter of trading. Thats my heart and thats how it works with trading.
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