Latest posts of: Tahsin Kabir Kollol

I think that Gold's positive predictions will certainly have an impact on cryptocurrencies. Although the price of gold does not fluctuate much, people prefer gold to invest their money for safety. If the price of gold continues to rise at a relatively rapid rate and the above predictions come to fruition, it could have a profound effect on cryptocurrency. Especially those who have not acquired much skill and knowledge about cryptocurrency and have suffered losses in cryptocurrency trading and preservation may turn away from the cryptocurrency. However, it will have little effect on those who are well versed in cryptocurrency and trade it efficiently. Therefore, it can be said that if the gold price prediction comes true, it will have an impact on the cryptocurrency.

Both staking and investing are good for investors. But each of them has some different characteristics that make it a bit different from each other and investors have to consider all of these things. In case of investment, you can avoid huge losses by selling your cryptocurrency at any time according to market analysis. This is not possible in the case of a long term or medium term staking and in many cases, the market can go down a lot in a short period of time. So you can't make a new type of cryptocurrency staking because the risk is very high but it is possible to come out with a higher return in case of investing. On the other hand, even if the value of investing in trusted and top cryptocurrencies decreases, the number of the coin increases on staking, and when the value rises again, there is extra profit which is not the case with investing. So it can be said that the utility of these two factors depends on proper cryptocurrency selection and timely decision making.

Yet most people invest in Bitcoin and other cryptocurrencies for trading and want to make money from it. So market volatility is an important regulator and it helps a trader to make a profit through trade. Some unskilled and inexperienced traders face losses due to the volatility, but in order to make a profit, you must acquire sufficient knowledge about trade and the ability to take risks. But if you think that cryptocurrency will become part of the worldwide daily transaction of every sector by achieving stability, then I can be sure that it will become stable when it becomes the medium of the always accepted transaction.

While trading chats help us trade successfully most of the time but it is true that it may not always be accurate. Trading charts provide traders with an overview of trading but trading is affected by many other materials. At present, the political decisions of different countries and the standing of big traders have also affected it so the trading chart direction may change suddenly. Although trading charts play a helpful role in trading, some big traders organizations make unreal market overviews and try to make fool other traders through it and this is usually lesser known and is more noticeable in the case of low volume altcoins. So in case of trading, I think it is better to trade by observing the trading chart as well as other ancillary matters.

I live in a developing and populous country. A large portion of our country's population lives below the poverty line and the epidemic is out of control due to poor health care in the country. An important economic sector of our country is the readymade garment industry which has been severely damaged due to the coronavirus. One of the main sources of our overseas income is remittances, which have been greatly reduced due to the epidemic. Although the government of our country has now relaxed the restrictions to keep the economic wheel in motion, in most cases due to the decline in production and demand, people have become massively unemployed and small businesses are on the verge of collapse. I think the impact of the coronavirus will stay on our economy for years and it will be difficult to get out of it and achieve economic growth.

We can all imagine what would happen next if the Corona epidemic did not go away by the end of this year. The coronavirus has damaged the economy of every country and many business sectors have already been severely damaged. The tourism, aviation, education, and health sectors of almost every country have been severely affected. If this epidemic situation cannot be eradicated by the end of the year and it becomes long term, it will bring a terrible situation for every country. Especially in the aviation, tourism industries and also small businesses may not be able to conduct their business activities and may lead to food crises and humanitarian situation in poor countries. Therefore, it can be said that if the coronavirus epidemic is not eradicated by the end of this year, the extent of its damage will spread widely around the world.

Many ideas and opinions can be used for successful ICO. But each concept must be realistic and usable. If your project is based on a real-life product or service, it will attract more investors. Moreover, you must have a definite future plan and it must be transformed into reality. And you must work hard on the project and work on its development. If people can accurately gather information about the future potential of your projector and its token of use, it can be a success.

Trade is a good means of earning money but it requires sufficient knowledge and practical application skills. But now there are most traders who have no knowledge about the trade. They want to make money from trade but are not interested in gathering and acquiring information about trade-related content. As a result, they are losing money in most cases during trade and this is creating a negative attitude among them. In order to trade properly, it is important to have adequate knowledge of all aspects of financial management risk assessment and trading strategy and its practical application. So most of the traders are losing their assets and trading for the purpose of making money without any knowledge. And I think that's the main reason for Run away from the trading.

It works sometimes but you can't trust it completely. There are some telegram groups or other groups that are instructed to trade only to earn commissions. In this case, they only provide their opinion which may or may not be correct. Moreover, there are some groups who invest in one of the small volume coins and signal the market to move upwards so that others invest their assets in those coins and the signal group member earn their profit. So in my opinion it is better to take business direction in investing as well as verify your own skills and analysis and then make an investment decision.

People have to struggle to survive in every sphere of life and people should never lose hope. If you want to improve your life, you have to accept the failures and losses and try again in the hope of achieving. Risk exists with every investment. But you must invest in good and reliable projects to reduce the amount of risk. If you have invested in a potential project, wait patiently. If you think you lost your maximum asset, if you hold it for long, Then you can leave it at that and bring in your assets with a loss and reinvest in a potential one. However, in order to avoid financial losses in the future, it is necessary to focus on investing in reliable and potential investments.

First of all, you have to estimate how much the price will go down. If the market analysis shows that the price can go down a lot, you must convert your cryptocurrencies to USD. You can also convert to other stable cryptocurrencies, but in most cases, other cryptocurrency prices decrease as soon as the BTC price decrease, so it is more appropriate to convert to USD. Then you must pay attention to the market analysis. If you see the market analysis and think that the price has dropped significantly and there is a possibility of the price increase from here, then you can buy it again. I think this way you can avoid big losses.

Actually no exchange is definitely secure but in order to trade, you must choose a relatively safe exchange. Any good quality exchange can be hacked at any time. The same can be said of Binance exchange but their services and security practices are comparatively better than other exchanges. Binance is a good quality exchanger and has a hardworking team. The trading volume is also good and top-class projects list their coin here for exchange. So you can trust Binance exchange to trade your asset here.