Many people will find this advice helpful to clear the mind out of the buzz in the trading world. For example; Don’t treat crypto exchanges like bank accounts. Basic information regarding which exchange is reliable to store some coins and be able to withdraw without any hassle due to many exchanges will give you trouble when you want to cash out. In this case, better to choose a local exchange located in your country to make it easier to access it if there is a problem. Or else, do some research, read some reviews about some exchange before putting the money on the line. As long as you can manage the money and manage risk properly, trading will give profits. But don't be greedy to chase the lowest entries or highest peak in a market, it makes you regret everytime you miss the chance. |
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This is the site, right: https://payforksmining.com/?Unfortunately, this is an obvious scam. There is no background whatsoever on the 'company' if you research it, and there is no proof that they are actually mining. Plus, their site just seems extremely unprofessional. Indeed, there are too many scam sites offering cloud mining, invest in cloud mining is a mistake, and then pay $2000 is another mistake, it's double kill for them  However, if you find a legit cloud mining, I wouldn't recommend investing. Have some research and calculation, you will find it's easier and more profitable to trading bitcoin, simply buy and sell at a higher price. If you don't know how it works, hold bitcoin for 3-6 months. Invest in cloud mining will take several months to reach ROI, but you will get more money by hold and sell it. |
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It's actually just common sense.
Indeed, thought will get different and various information regarding short-term trade, but all of it is the same information that you can read in this forum repeatedly. However, it may inspire newbies to be careful about their trade decision. I however don't like diversifying crypto assets since that only works against you in case things doesn't go to plan. People quite often think it's a must, but I don't see it like that and never done so.
You have to deal with all variables applying to different coins, because different coins mean different markets and different background developments. Altcoins aren't fundamentally stable or well developed, so it's a risk.
Just having Bitcoin means less stress, less potentially negative variables, less severe corrections (they go up hard but also come down hard), and so forth. Chasing high returns has never been an option for me.
Since you are BitHodler and seems like to hold bitcoin, a good decision for everyone who considers bitcoin is the only one, like you said, less stress to think about the loss  instead of hold some coins but all of them crash due to bitcoin price fall down. But, for people who aim altcoins due to the profits through volatility. For example, ethereum, bitcoin cash and ripple are some altcoins which generated profits for me, just buy in the dip and sell at the peak, but of course bitcoin is the most valuable coin in my wallet. |
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This market does not have the steam to break 10K
Will buy back in when things are making more sense.
~~
A Bear Market could be triggered if BTC goes below 9520 according to one analysts. it has already done that today: Tread carefully and use stop loss if you recently bought in!
You were right, bitcoin unable to break 5 digits again, maybe not in the nearly future without any big factor influence the market. Sell at the peak, around $9800 and buyback in the dip will always be the best choice, rather than holding and regret when the price plummets below $8000. This trend may continue due too many FUD news around, be ready for it. Fear, doubt, uncertainty (FUD) has been heaped on the digital asset in particular this week not only surrounding a potential market dump but also through legacy business media incessantly quoting Warren Buffett, Charlie Munger, and Bill Gates about the supposed inherent ills of crypto.
https://news.bitcoin.com/gox-trustee-to-flood-market-with-thousands-of-bitcoin-btc-price-drops-below-9k/ |
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"Not all offers are scam and not all offers are legit or profitable"
It's common sense to be skeptical before we check and verify it's true.
In dealing with other people that you don't know (meet in an online forum, etc) there will always a chance you will be scammed.
Even dealing with your friends in real life could be ended badly for you.
Why? Because it happens every day in our life, hence you need to prove your self as a "vetted buyer" or transact through a trusted third party (escrow, etc)
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The only thing is the best is to invest money in your own hardware and mine with your own so that you are far from any scam. there are many low rank or newbies here are not trusted they are always attempting to give not trusted sites. Just purchase your hardware and store them with us. Its almost same as cloud mining except you will own the hardware. www.teslawatt.comNot a good idea unless if you are near to them. Why you need to be near your hosting colocation? Just order directly to datacenter address. [/quote] People aware of "something new" offers to invest to them, no offense but including what you propose above. First, you have to prove it is legit, trusted, have reputation and some reviews from "trusted" people. Do you an ANN thread about teslawatt service? Have checked the site, can you explain this? TeslaWatt 5 kW
$600/month
NEMA L6-30R outlet
Max Load 5 kW
208v @30 amps
1-Phase
Tripp Lite basic PDU -
PDU1230 - Setup fee $0
Trip-Lite Switched PDU –
PDUMH30HVNET - Setup fee $200
is it $600/month earning? What about setup fee $200? |
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I just want to ask, is cloud mining worth than investing or mining? Can you recommend a Could Mining Website that LEGIT.
Too many new cloud mining companies popping out these days which cause the difficulty goes up significantly and mining profit becomes less and less, especially if you just have small hashrate. Hence, I won't recommend investing on a cloud mining, if you have money, better to buy mining equipment and build your own mining farm. But, if you want to invest on a cloud mining, genesis mining seems better than other new cloud mining. Do your own due diligence before put the money on the line. |
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Yeah, I would like to. Bring it on  |
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4 digits are just not enough, feels like a long time to see bitcoin recover to $10K.
Look at the cycle which always repeated whether it will be bitcoin or altcoins, people will buy and trade it.
BTC's underperformance could be an indication the cryptocurrency is fueling the rise in the altcoins. Moreover, most altcoins are traded against BTC. So, investors pouring money into crypto markets tend to buy BTC first and then rotate the money into altcoins.
Altcoins will always follow bitcoin's path to rise and fall. But in the end, bitcoin remains the first choice to divide the wealth, it's better than fiat currency in many ways, especially against inflation. Just believe in bitcoin.
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Maybe it is lowering the battery but any running app will do so.
Of course, all running apps will cause to lower your battery life. And BTW the bot is so useful tho I want to share the same app/bot in telegram that will give you alerts for the price for 10 cryptocurrencies which you can find this thread https://bitcointalk.org/index.php?topic=2417335Bot - https://t.me/coinmarketcapcombotNote that I'm not related to that app not even the developer of it just sharing... I have been using coinmarketcap bot for months and it's pretty good as many people referred to this website in order to check the current price and there is another bot called coinvalue to notify bitcoin price in every % change. But, we know that bitcoin and ethereum prices may slightly different in some exchanges, that's why we need to check whether the exchange has a telegram bot as well, which is probably not . For Op; -I saw it has been asked, but you may confirm where this number come from? Which API do you use? from an exchange or maybe something else. - Whether this bot notify us automatically every 3-5% change or maybe in a certain period of time? |
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It's not the right time anymore since eth price dive too deep, except you really need to cash out.
However, if you are not desperate need for money, just hold it instead of cut loss due to eth will increase again for sure.
in fact, it's the right time to buy more eth, seems like the price has corrected to the bottom line at the moment, just wait for the bounce back.
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What do you guys think of ice rock mining, they promise an amazing roi, do you belive its legit
Do not invest in this untransparent project, they hype the service with 367% ROI pet year for lifetime which maybe ends so bad for new investors. They have completed first ICO since November 2017 but many people didn't get mining payment, that is more than 4 months. You can check at their telegram channel ( https://t.me/IRM_ICO_Phase_One) where many people ask for payment but no response from IRM team, one of the team member --> ( https://bitcointalk.org/index.php?action=profile;u=1059957) But, if you ask how to invest on ICO phase 2, they will answer immediately. Unfortunately, we can't find opening post in the first ANN thread as aTriz delete it --> https://bitcointalk.org/index.php?topic=2196082.0 |
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Questions as serious as domain names should not be left to speculations. It should be so factual and direct for people to know for the sake of posterity. If what is happening is exactly what @darkstar_ is calling an attention to, then this is the time to either debunk or confirm it. If any one fall victim of it, then the blame would to chipmixer as to why they didn't come out with a statement which would suggest some level of connivance which would be more difficult to control then and reputation in this crypto world is a fragile thing that can be lost so easily. #my opinion.
Well, chipmixer has stated only two official links. Clearnet link: ChipMixer.com
Tor link: ChipMixerwzxtzbw.onionWe can assume other domain names are fake, phishing site in order to scam people. People have to be careful of such attempt, and we can help to spread the word. Maybe:
Beware of copycats, make sure to visit the right link. Clearnet link: ChipMixer.com Tor link: ChipMixerwzxtzbw.onion |
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I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:
1. bank deposits
2. Lending cryptocurrency
3. Mining
4. Gold assets
5. Property
6. other ideas ...
1. Bank deposit is just an assurance/backup plan as you still have money in case all of other investments failed. Don't think your money will grow bigger as the inflation is growing as well, it can be 1-1 = equal 2-3. I won't recommend investing in lending and mining, it's better to hold your bitcoin/free money and allocate to other choices. 4. The same thing applied for the reason 1, the gold asset is just an assurance/backup plan. 5. Buy a property can be profitable as long as you make it productive to generate money, even buy a land is profitable for a long term. 6. Other ideas, create your own business (sell something or offer services) I can't tell the right business for everyone as there are a lot of factors affect it, such as your talent, interest, hobby, capital to start, where do you live, and so on. I will go for 1. 4. 5. 6. |
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This is what I've been looking for, transact each other using third-party escrow and can be paid via paypal.
Stripe is a good option but it has a limitation as it serves only a few countries such as Canada, Denmark, Luxembourg, HongKong, New Zealand, Norway, and Singapore (don't know other countries). But, I do like google pay, it's even better due to some advantages it has, you can pay anyone even though he doesn't have google pay as long as he has an email address or phone number (most people have it).
Maybe you can ask an id (pic) and phone number for member verification
Please continue your work and spread the word about Digital Asset Market, it will grow bigger and bigger over time as long as you commit to keep developing it. Next thing is a mobile app (ios and android) to make it easier transact everywhere.
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Digital Asset Market (DAM) is a good idea, another form of an exchange.
May I ask some questions?
1. The only currency accepted is US dollars?
2. How the payment execute? through bank service or anything else?
3. How to transfer dollars if the seller doesn't have a bank account in US, UK, or in Europe, maybe the seller is someone from Japan.
4. is it transaction in 2 direction? only seller and buyer who transact directly or DAM act as middleman (escrow), such as a decentralized exchange.
as you said: Once an order is placed then the seller gets an email and will have to send the crypto.
Does it mean the payment already sent? or DAM have it in the bank account-etc?
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Another story of what happened in China last year,
First, the Reserve Bank of India prohibits all regulated entities to deal or provide service for cryptocurrencies.
Then, the government has to ban exchanges to make it fully enforced for their citizens.
Well, people will always find a way to trade cryptocurrencies, even though government really ban every aspect of cryptocurrency including mining, Chinese have proven it. If people in India can't use a bank account to deposit or withdraw from exchanges, they can do it through the decentralized exchange or withdraw via paypal.
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To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I
It happens all the time in the cryptocurrency market since most people treat bitcoin as a speculative object rather than real currency for daily transactions. That's why, if you don't believe in bitcoin, don't be a holder waiting for bitcoin reach $100K, instead take your chance to sell it at the peak and buyback after it falls down, you will have cash and bitcoin as well, no regret at all. |
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but that doesn't mean the same thing will happen every year. i mean there are a lot of other certain things going on in the market that decide that.
Indeed, there are a lot of factors that influence fluctuation of bitcoin price, but the most important thing is bitcoin adoption such as happened in Japan last year. Even until today, Japan stay ahead in cryptocurrency market as the yen dominate over 54 percent of global trade volume. Meanwhile, bitcoin price seems to sink again which mean the cycle in the early of the year is not repeated. Probably, bitcoin will start to gain momentum in April after a conference held in Dubai as it aims to be the first blockchain-focused country. |
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