In the past, my favorite exchange was Bittrex, but it ended after there was a slight problem about verifying that my account had reached the withdrawal limit. at that time, I entered the wrong postal code for a home address with one digit in excess. I tried to contact the relevant parties to help me change the error, but there was no answer. finally I decided to go from there and move to binance. it turns out binance makes me more comfortable in trading.
Bittrex has also been one of the places that provide benefits for me, trading with good volume in it makes price movements faster there. but at the moment I don't use it much, and instead turn to binance to do daily trading. good volume remains the reason I use large exchanges. |
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to avoid the sudden movement of bitcoin, you must first understand trend lines, because that is the main basis for knowing bitcoin movements,
after understanding that you have to put a stop lose, this is in case if the movement of bitcoin is unpredictable, so your funds remain safe.
learning from experience, as a trader when bitcoin moves suddenly, I immediately sell my altcoin, most of them have decreased by more than 10% or even reached 30%. but indeed if we are smart in reading charts it might be better. but the point is don't take risks on altcoin when bitcoin moves. but if it happens to bitcoin, I'm not too panicked if it moves suddenly, I'm sure sometimes it's just a correction and it will eventually increase higher. when bitcoin prices move fast it would be better to find a safe way, if we hold altcoin it would be better to convert it first in the form of bitcoin. maybe this is a little help to secure the funds we have, but if you understand the price chart it will be much better for us to know the price action that will occur. |
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Of course both are very important when it comes buying a coin. Because if you don't now how to analyze before making investment you will regret for sure. So both is the most important. Especially nowadays that more untrustworthy project keep emerging so we must be aware on it by making technical analysis first to assure our money is safe.
When buying altcoins what more important for me is choosing it's quality and the price. We look into the project price that is good to buy at low price. So indeed both are important when we invest and also look for a project that has a continuous development this way a big chance for price increase. in investing both of them become important things, because in my opinion they have a relationship with one another. projects that have a good platform in quality will be able to be used by many people and the impact is to provide market price circulation. but if this is the choice, then I prefer quality because the price can still be manipulated. |
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in investing it should focus on research done alone, but the current altcoin for me is suitable for short-term investment and trading. while the long-term investment I think is still too large in risk, it would be better at this time to trade only and for long-term investment I would prefer bitcoin
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I cannot choose only between this two, because both are giving me a profit in the market. Because not all coins in crypto are design for long term vice versa with the day trading too, that's why we need to make a research about the coin we are going to buy in the market dude. But once We hold the right one coins, I can guarantee you that coins can give you a huge profit in the future.
With the right strategy we can always do what we wanted, we can always take profit depending on how we are aiming to do it! Doing day trading has a lot of more potential than long term, but still you can earn thru long term, I do both of them too as I wanted to have more passive income, I want my money works for me. Daily trading is more clearly profitable because our circulation of funds continues to revolve, but the ability and enough time to spend watching price action. and when the ability in daily trading is already proficient, long-term investment will be able to take place too. sometimes we really need both in investing, which certainly depends on the initial goal. |
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sometimes we really can't depend on one place, because I think if we depend on one ability in this industry it will be difficult. we are freelancers who work when there are projects, so when there are no good projects then we have to look for income elsewhere because it will discuss about the needs when there are no profitable jobs.
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having risk management is important because without thinking about risk, the investment will not run optimally. therefore there are some market features that are useful for trading, namely cut loss which I think is quite important. because with this feature I think people will pay more attention to the risks that will occur when they make a buy, because in investing or trading we can't just think about profits.
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It is very unfortunate indeed that the WPP project which has been running quite long in sales so far has not done anything, because many are waiting for them and have big speculations. maybe it can be bad news, but this is the world of crypto sometimes we can get stuck at a loss when investing.
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i just have speculation crypto is cant be future currency, i just think centralized digital money will be the future currency,using blockchain technology,even though decentralized coin such as bitcoin still usable,even usefull in the future, but its not will be offical currency.
bitcoin may be difficult to accept as an official currency, because the price alone will make people think of using it. but it will be possible for a digital currency to be a centralized crypto that can be used because the level is stable. we can see it from now on, maybe bitcoin will become an investment asset and become a certain transaction only. |
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Their skills are in the another level because they have intelligence to get other people's money. Most of the issues of scam is about transactions with strangers. We should always remember that we should only trust ourselves so we should ignore strangers. We should not also believe to investments that are offering high returns in just short period of time.
I am personally more cautious and will take my investment away when offering a high return, because it doesn't make sense. so it's better to focus on developing the platform that they will do, because the development made by the developer will have many impacts, especially if the platform can be used by many people. |
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For any reason we can't assure the bullish or bearish trend of the market. The change takes place in no time, and this is one of the major reason that crypto market is termed to be high risk market than any other market. Halving is the one that is associated with the growth, and this is why more people believe with growth by the days of halving.
of course people believe that when bitcoin is reduced by half there will be growth in price movements, this is believed because events in previous years are always like that when bitcoin is reduced by half there will be growth after that this event had happened a number of times in the previous years, so in the belief people were formed because of the history that already existed. every bitcoin reaches halving then a bullish trend will come, and I also believe this and may start this year, and it can end in 2021 as well as the previous year. |
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Your selections are good, that is also in my direction but not as many as yours, if you need to add more then do research on the first set of coins on coinmarketcap but I really do not like holding too many coin, so as to be able to follow updates about them, also to know when to even add more or sell.
Sometimes buying too many coins is not a good choice, but everyone has their own way and strategy in investing. But for myself I agree with you that I don't like investing in lots of coins and prefer to focus on a few coins that I think have the potential to generate profits according to what I observe. Some people prefer to buy many coins because they think that way they are protecting their investment but in my opinion they are doing nothing like that, most of the time they are only increasing the risk because most of the coins in which they decide to invest are icos or new coins that as we know are not having a lot of success in the market because investors have lost the confidence in those coins long time ago and instead of earning money and protecting the money they have they lose money instead. coin selection is important because we can not waste money just to try, maybe if you still do this it's good to change the ways because it endangers our funds. because if we choose a coin with good scalability then we can maximize the investment that is run. |
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it depends on the price action that will occur, if you make an investment and want to sell it when btc touches the price of $ 9,000 and keep your funds in USDT then you can do it, but first make sure whether the price will fall or continue to grow. so first you have to look for possibilities that can happen to the next bitcoin price.
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No doubt that bitcoin will rise up among all coins. This is the main reason why all of the altcoin is dependent on the price movement of bitcoin. When the bitcoin price goes down, the prices of any other coins will for surely gonna go down. Plus the fact that it is trusted by all of the investors that makes it to become top 1 on market ranking.
Agree, Bitcoin remains the king of Crypto until whenever, I also learned about the price of Altcoin, and it's true as you said that the price of Altcoin tends to follow the price of Bitcoin. Many Altcoins are dying halfway but not with Bitcoin, Bitcoin remains the best choice for investors or big whales. that is why they are called altcoins because they are "alternative Coins' so they should be following Bitcoin price. but there are some of them that Gaining faster than bitcoin that is why many of investors trying to find which one and invest on them. but yeah Bitcoin is always and will always be the king. Agreed, and more reasons state and confirm bitcoin to be the King. In simple terms bitcoin grew from the scratch, particularly it isn't the first cryptocurrency but this is the one to stand strong in the market for more than ten years. This is where it proves again and again as the king of cryptocurrencies. Maybe in the future there can be higher growth with other altcoins, but how long it serves the market need to be noted. in its growth bitcoin has provided good evidence, bitcoin is able to survive in a time when many conditions are rejected from countries and also the conditions in the bitcoin market are able to survive. maybe now there will always be rejection but in the future there is a possibility that bitcoin can become an international transaction currency or investment asset. |
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sometimes it happens like this, burn tokens to keep prices stable or for other reasons. sometimes if the number of tokens is large then their platform must be proportional to the potential buy of the token, otherwise the price will go down and the developer will burn their token. and the bad thing is that the token will rarely be used for investment by investors.
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sometimes it's hard to find good projects, doing research also sometimes not many can find projects that have good prospects, so in my opinion sometimes good projects also depend on trends too because developers will also think of trends to launch projects. so in my opinion the trend can also depend on the trend too.
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It is not advisable to invest on something you know nothing about. Like thaey will say, put your money where your mouth is. When you invest in what you know enough about then you will be able to stop your loss or take your profit when it matters.
it is a must if when investing we must know the prospects of investments made, if we do not know it will be good not to invest in it because we only bet on luck. and it really can be detrimental to our funds because luck does not always favor both ourselves and the investments carried out. |
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Sorry to ask cause I only have a little knoweldge about stable coins. Do they increase/decrease they value just like any other coins or not since they are pegged to a certain currency? If they are not decrease their value, there are any chances it would make cryptocurrency stable not definitely a solutions for a declining market.
In short, Stablecoin is one of the stable coins that I usually use when the market is down because I don't like to take too much risk. therefore sometimes stablecoin can be used when we are afraid of declining market conditions. |
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I am hoping that 2020 is the year for bitcoin holders. I am expecting a bull run sooner or later because halving is near. Lets just hope that the bull run will make the price of bitcoin rise up to 18000$ - 20000$. If that happens, it will reach its peak again or maybe declare a new price that never been reach before.
I have read thousands of posts like this. We all hope that 2020, the year of the bitcoin halving, will be the year of the bitcoin bull run! Unfortunately, however, it usually happens that when the mass is sure that an event occurs, this never happens. but the halving potential is a hope for everyone this year, and this hope is supported by the potential that exists this year because a lot of research is talking that this year can be interesting. but we cannot just hope and depend on one's research because there will be problems when we depend on only one's research. |
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at this time maybe we can see the small growth of bitcoin in the market in earlier this year, I hope there can be good in this year that can provide benefits for holders who have taken a lot of time when investing. and hopefully the altseason can be realized this year, because if market growth improves I think there will be many good effects too
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