This thread started in May 2017 and I must say the Op must have made good profit during the last ATH of cryptocurrency market. I like those who has foresight and prepare to be successful. When preparation meet opportunity, there will be success!
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Bounty hunters been paid in USDT is not a bad idea, those who prefers to hold their profit in bitcoin can convert instantly and those who want to spend also have their options. The ability to be paid by promoters is what remain in doubt!
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Your winning strategy is some other traders nightmare! The method you have consistently employed and practise will get you to profit faster than the general consensus on market direction. The more you practise and take the risk, the more confident you become and the more better you are!
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Those that will like to use the service of suggested coin are probably not in the market. Bitcoin is use more beyond store of value, the future prospect and value of bitcoin is essentially the motivation for large percentage of those that invest in bitcoin!
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Trading cryptocurrency is very unpredictable, and the most natural thing to happen to your trade is lose. You must therefore prepare extensively before you start to trade. You must know how much risk you are willing to take and what you will do in the event that you are losing. There are strategy that should put you in profit regardless of market condition but you must prepare and have a method!
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I think it is logical to store your precious coin in different wallet based on the amount, the time frame of uses and investment purposes. I only put the coin I need to trade with or use for another investment in exchange, and I use these coin between 24hrs period. Every other coin is either in cold storage, hardware wallet or a third party wallet with my private key!
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A is probably hold true for the current cryptocurrency market situation. I believe we may be seeing market bounce from this point and gradually return the B region. The resistance is around $3200. In the short term, Bitcoin might ride to B
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Technical analysis gives glimpses and signal that could give us sense of direction of where the market is heading, though we may not get accurate data but the guidance receive can be very valuable and useful. I think 2019 is accumulation year for those that want to profit greatly from Bitcoin in 2020!
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Technical analysis should be useful for both short term and long term investors. The short term trader readily make use of technical analysis as it help them to determine the direction of the market on short term basis. Long term Holder could use TA to research past chart and trend to accurately predict the future!
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Minning as it is today has become difficult for regular miner, the big minning farm control large percentage of direction and result as minning power is concentrated within few miners. I have sold my mining gear, all I do know is trade!
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Considering that not many early holder of bitcoin still hold significant sum of bitcoin at the moment tell us that bitcoin has been fairly distributed over the years. I think bitcoin decentralized nature make it impossible for it's supply to be domicile with a person or group of people!
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To be honest, I felt discouraged many times , and the feeling of not getting the needed profit after huge investment can wear out even the strongest investor with deep pockets. I am sure 2019 will be a different positive story for investor in cryptocurrency!
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The way to survive in cryptocurrency is to follow your gut. I love bitcoin and I believe Bitcoin is a future coin that will go beyond cryptocurrency and make sure impact in the way we see, keep and spend money. This believe have helped me to hold my coin to profit in the past and I am still hold bitcoin still!
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There are many ways for you to make money in cryptocurrency, trading top coin however could make you money faster than any other cryptocurrency activities. You are therefore advised to learn how to trade so you could make money off your trading!
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Ethereum is making improvements to it's platform from service like transaction, scaling for more uses of Ethereum platform and reducing the reward of mining. I also think this will set a stage for Pos mining!
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Day trading is an exciting trading activities that take a whole bunch of your personal physical, mental and emotional life. It is rewarding and risky. Day trading is better when the bull market is starting on continuing!
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The truth of the matter is that everyone have an idea of good and bad market and what they should do in each cases but the problem is how to do it! Even for a very experienced trader, you don't always make good decisions on time. I guess we win some and lose some, that is just the way it is!
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I think been in the market for some time, you must have observe different coin behaviour. The movement of certain coin are linear while some are curves. There are other things that drives price increase and decrease. These are the ways to observe the market and make the best decisions for your trade!
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Stability in the price of bitcoin is elusive at this point in time, the bear market has to end before we can say for sure the type of market condition that will trigger stability of bitcoin prices with a certain amount of time. The best strategy here for Bitcoin is to hold or better still, buy downward!
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The advice not to love any coin is sensible, you are not here to invest your emotion but your money and if you make good decisions, your money increases and with bad decisions you may lose it all!
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