Nowadays, through social media and some telegram communities, by spreading various kinds of fake news about various projects and altcoins, they make them the subject of interest to the people and try to make a huge profit out of it. In some cases, big whale traders try to take advantage of these activities by making the market go up or down which is not understandable to the common traders. As a result, most new traders and investors fall prey to fraud and are inadvertently deceived. So the decision should be made by analyzing and collecting the correct information by checking and sorting without being attracted to fake good news.
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While total supply may not affect the value of a coin in all cases, in many cases it is an important factor that plays a role in trade. If the coin of the project is a real product or service, then the demand for it will always be there and in this case, the total supply cannot affect such the price. However, if the team members of the project create excessive coins and sell them in excess of the bonus, then the effect on the market value is subsequent, which must be taken into account. So the overall supply factor must be considered seriously in order to analyze the future prospects of a coin as its effect can be seen in most cases except for a few good quality coins.
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In order to day trade, you need to keep in mind a few things when choosing an exchange. For day trade you need to notice selected coin trading volume and also trading strategy. Again, there are different types of trading fee and the withdrawal fee of coins is also different which is a consideration for trading. In many cases, it is noticed that the buying and selling order is not close and the buying and selling are done at an intermediate price which is not understandable to the general traders. So by choosing the best cryptocurrency, high volume, and comfortable exchanges, you can be easily done day trade.
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Based on the data of the last few years, it can be said that investing in new projects is a risky business. I say this because most of the new projects have lost their value since they came on the market and in many cases, there has been little trade. However, in some projects, the investors have made good profits and in all these projects people have shown their interest and are trading successfully. So when it comes to investing in new projects, you need to be careful as you are more likely to lose your assets. In my opinion, it is better to invest in existing good altcoins if there is no tendency to take an extra risk at present. It is very difficult to guarantee any project as each project founder promotes good and promising information about their project. But as far as I know, after researching your given project, I think the project is good but in case of investment, you can invest at your own risk.
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Although most of the projects call them the best projects, most of them do not have any real planning and experience in developing a strong cryptocurrency community. In fact, they have no plans for the future and only want to enter the cryptocurrency market on a fictitious basis. As a result, most investors are not interested in investing in these projects. As a result, most of these projects fail and as an excuse, they give various unrealistic reasons. A good quality project is always acceptable to investors and people invest in it. So it is natural that projects made for the purpose of fraud will show different excuses. Coronavirus epidemic has reduced the amount of investment in various projects, but good projects have been relatively successful.
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Stop-loss Strategies is an essential trading part to reduce your loss and save your asset on a sudden market collapsed. Every skilled trader uses it based on market analysis and experience estimates. Not every market analysis of the trading is accurate and this strategy helps traders to make a decision. I use stop- loss strategy based on market analysis, support resistance, and the amount of damage to my assets is based on what I can accept.
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People are always happy when they see market prices rising because investors buy different coins and hold to sell them after a pump. Moreover, if the market price starts to rise, there is a possibility of profit by trading and the market investors and the market volume is much higher at this time. So when the price goes up, then people's hopes also increase about cryptocurrency and that is why all people become happy.
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I don't know why you're thinking that and I don't think that's likely to happen. The total supply of Bitcoin is a certain amount and its demand is constantly increasing day by day. More and more people are becoming aware of Bitcoin than ever before and are showing interest in investing in it. Moreover, as the market price of Bitcoin has always been volatile, traders are making a profit by trading in it and it has become a topic of attraction for investors at every moment. So I don't think there is no justification for your statement.
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I don't think it would be good for you to take on this idea. It may not be possible for an individual to conduct an exchange. Moreover, it needs a special security team to secure it who have enough knowledge about this. Moreover, other ancillary functions require manpower to manage them. Managing your own exchange is expensive and you can be lost your money.
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Each exchanger has its own characteristics and because of these differences, people use different types of exchange. Notable among the exchanges I use, are Binance, Whitebit, Bittrex, Probir coinsbit, etc. There are some comparative differences between the two exchanges, Binance and BITTREX, as the daily trading volume is much higher than that of BITTREX and the difference between their trades fee can be noticed. The Binance market liquidity and volume are better than the Bittrex exchange. In recent times the Binance exchange has made great development in its exchange and in this case, Bittrex lags far behind.
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Profit more or less It is not important to acquire trading skills because the purpose of a skilled trader is to reduce the amount or possibility of loss as a result of proper experience and application of skills. Every trade has a profit-loss and a skilled trader is one who can avoid the possibility of loss. Even if your profits are a little low, if you can protect yourself from losses, you will become a successful trader. By trading with a view to different aspects of market analysis, you can manage your profits big by minimizing losses, and sometimes you have to trade efficiently, even if the profit is small.
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Dent is currently at a stable level and its price is not fluctuating too much. The price of the Dent token has been going up since early December 2017 and for some time in 2018 its price has gone up sharply and there has been a lot of trade. Its market volume is a bit lower than before but it has a good volume. I think it is possible to make big profits from the Dent if the AltCoins pump again in the future. So anyone can invest some of his assets in Dent token.
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Every country in the world has taken various steps to revive its economy and the world economy is looking for a way out of the current situation. Although the developed countries of the world try to alleviate the financial crisis in the market through currency printing, it is not possible for most of the developed and developing countries as it is likely to depreciate the value of the currency. Developing countries like ours have provided incentives in special sectors to restart their economic progress and are trying to restart the economy through government grants. The biggest obstacle to restart the world economy is the trade war between developed countries, which is now in full swing. If this discriminatory trade war is resolved, the world will be able to resume economic growth by overcoming the epidemic crisis.
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Although ICO became very popular in 2017, it was later replaced by IEO and this led to the emergence of IEO. Currently, most of the projects have opted for IEO to sell their coins and the number of ICO is declining day by day. If investors show interest in investing in various projects through IEO instead of ICO, However, the ICO is unlikely to return. Because the projects bring their coins to market for sale and they will accept the way they can sell more coins.
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