|
Many have used this exchange before and i can boldly say most if their volume are fake and just a product of fake trading bots. Being on number one spot on coinmarketcap does not automatically qualifies it as a top exchange one need to visit the exchange to see for his/her self before depositing or considering the exchange as a good exchange for trade
|
|
|
|
|
To the best of my knowledge mining is not as profitable as it used to be before. The price of the mining equipments has really gone high not to talk of the electricity bill which is another expenses worthy of note. By the time you calculate all this expenses from the profit generated you will discover that mining is not that profitable. But concerning this new project if they can come with new concept in terms of the equipment they use and how to cut down electricity expenses using alternative form of energy so as to gain more profit then i might consider investing in it
|
|
|
|
|
Altcoins in crypto are highly volatile of which no one knows the next direction it will take unlike BTC. But to be on the safer side you can make out time to study the chart of matic and other IEO that did really well, learn about their support price and resistance level. This will help you know the good entry point to buy at in order to maximize profit. Alternatively you can keep an eye on any new IEO which will be hosted by top exchanges and participate in it so as to also gain profit
|
|
|
|
|
Times like this comes in crypto most times. Once the general crypto market is down it will be difficult for most investors to invest in altcoin which will also have ripple effect on the amount that ICO/IEO are able to raise. Crypto is always evolving and i guess if ICO and IEO dies eventually new method of raising funds for new projects will evolve also. So also will other notable bounty that will pay hunters evolve also
|
|
|
|
|
Its hard to know the rigjt new coin to invest in thats why i try as much as possible to make proper research on the project in question before i make any investment . I try as much as possible to check if the project has an already working product which can stand the test of time before i make any investment. To this effect i will advise any new coin to have real workable product so as to win the trust of investors
|
|
|
|
|
Many thing have changed since you last visited this forum. Market has been fluctuating with some notable ups and down of which only btc have been able to maintain a stable stance.
Altcoin have not been performing well since you left, no sign of ALT season anytime soon, due to high Btc dominance. In rerns of bounties, bounties have reduced a great deal due to the market situation. Hopefully things will get better in 2020
|
|
|
|
|
Complaining for too long will make you miss opportunities that abounds within the crypto space. Its true that the altcoin prices are down far below the ATH price. But on the brighter side, one can still make good profit from other aspect of crypto while waiting for your altcoin to regain its price. You can try IEO, margin trade and futures all this can help you maximize profit. So instead of complaining its better to maximize opportunities as they come
|
|
|
|
|
Since betting is not illegal in most countries i don't see as how this will be an issue for crypto. Crypto provides fast confirmation and a highly scalable network of which is highly beneficial for betting platforms. Crypto revolutionize the betting platform by decentralizing the entire system, if crypto can conveniently penetrate the betting industry it will go a long way to bring crypto into mainstream
|
|
|
|
|
The list is superb, but i think that binance coin will make a whole lot of profit for investors in 2020. It was the only coin beat its ATH price in after the bear market where all coins dumped, thanks to CZ innovative idea of rebranding the IEO of which BNB was used as the criteria for participating in Binance IEO. This had a great effect on the price of BNB and with all indication CZ is planning another big idea in 2020 and BNB wont be left out if it
|
|
|
|
|
This is a sad reality we need to deal with within this crypto space. There are so many other similar crypto scam project like this that jyst create token without anything tangible to offer, then they go ahead to scam some lazy and novice investors who are to lazy to make appropriate research on good project to invest in. This will continue to go this way except if regulations come into play
|
|
|
|
|
These are clear cut rules that if taken seriously will benefit the trader greatly. Any trader that is trading should put more emphasis that he/she need not to trade on a coin that already has too large volume. At that point its the peak and saturation point where whales will start pulling out their funds and the token will dump afer that. For the good and benefit of traders they should trade on coin that has a moderate volume. Not too large and not too small
|
|
|
|
|
Yes, we all know that Bitcoin is not as volatile as altcoins, Altcoin tends to give more profit in a short term than bitcoin. But one must make sure that the altcoin in question should have enough volume so as to accommodate any dump and reduce chance of much loss. Another important thing to note is to make sure that if you must trade altcoin on day trade is to make sure that you trade altcoin that have good credibility score of which the team wont dump on you at the slightest chance
|
|
|
|
|
There is no good time to invest in altcoin, it all depends on the altcoin you want to buy, some are in their all time lowest prices and some are way very expensive at the moment. Just make a proper research on the support and resistance level of the coin, study about its 3 previous month chart and then you can project on the next type of coin and when to buy it in order to maximize profit from it
|
|
|
|
|
The only top rank coin i invest in is bitcoin and etherum. I divide my portfolio into some certain percentage. I use some to invest in top rank coin and the rest to invest in undervalued coin. All i just do is to make some research on the said coin and buy it even if it is not a top ranked coin. Because most coin that give good ROI of x10 and above are not top ranked coin. This is because of the market cap of the top ranked coin? It makes it difficult to give a crazy profit like low ranked coins with small market cap
|
|
|
|
|
Top coin you should have in 2019 should be BTC. If you must hold any Altcoin make sure its an altcoin with a working product. Dont buy any Altcoin that is just based on whitepaper promises, most from 2017 have not been able to execute any of the project they said they would in their whitepaper, as a result many have died off. To be safe inevst in altcoin that already have a working product with a real usecase
|
|
|
|
|
To be honest with you its a big NO. One of the reasons BNB made a massive pump increase to beats its ATH price of 2017 was because of the IEO Binance introduced which was in high demand because of its roi it produced. The need to hold binance coin BNB to be able to participate in Binance IEO had a ripple effect on the price of BNB. Now that IEO are dying gradually its hard to say that BNB will reach the 50$ mark this year
|
|
|
|
|
Altcoin season is still unclear and this is clearly because of bitcoin dominance. Most altcoin cant run to a new all time high price because many traders are still on bitcoin trade. Altcoin season will start immediatly the price of bitcoin becomes stable and most traders and investors have withdrew from bitcoin and invest in altcoins untill then we will continue to see and upward and downward fluctuations of the prices of Altcoin
|
|
|
|
|
Yes they do exist but using AI enabled bot to trade is not that advisable at all time. Simple reason for this is thaf the cryptocurrency market is not yet stable as there are alot of volatility associated with it. The AI bot is automated and programmed to execute a single and repetitive commands at intervals, with the volatility of the market it will be difficult for the bot to keep up which might lead to subsequent losses
|
|
|
|
|
I do trade and hold. Due to my tight and busy schedule i find it difficult to do day by day type of trade. I just make use of Blockfolio app where i set my target for sell and buy and get notification when it hits ny target. In essences i swing trade even while holding i do this to increase my amount of token am holding and make more profit even as i hold
|
|
|
|
|
Show Posts
