Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
day trading maybe more profitable than hodling your coin but day trading require more time and you should becwill skilled on reading cjart and technical analysis to determine when to hodl or sold your coin. unlike hodl you don't need to monitor daily and doesn't required more time just buy and keep it for long term less stress bit maybe not big profit as day trading.
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Alam natin na ang KYC o ang Know Your Customer ay nakababahala. Ngunit marami ngayon ang nangangailangan ng KYC.
Ang KYC ay risky dahil ibibigay mo ang iyong pangalan, address, birthdate, proof of residency at official ID.
Ito ay nakababahala kung may nagnakaw ng iyong personal na impormasyon at ikaw ay mabiktima ng identity theft.
Kaya mag-ingat tayo mga kabayan!
united states and other european countries wich ico originated required kyc for their investors for record keeping na legit ung mga investor nila ksi nererequired din sila ng kaniknilang government to submit kyc of their investor for auditing kaya dapat bago tayo mag submit ng kyc be sure na legit yung company na pag bibigyan natin dahil yung personal info natin may put on risk kung sa maling kompanya o tao mapupunta yung personal profile natin.
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As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks
I agree and that is what I'm currently doing buy coins with potential to increase its value in the future and just keep on my wallet for long term investment while others are worried with their investment keep dropping i just keep holding even my coins currently are not yet giving profit to me cause i know for long termy coims would increase its value.
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Why are people panic selling right now? Scared of a little regulation? That is bull! G20? All they might do is AML prevention. If you are not laundering money, nothing will happen to you!! And we don't want money launders in our midst anyway! Chillax, it will be OK!
You are right after bunch of negstive news and FUD that hit crypto market which causes prices of coins to bottom more deeper now it slowly on recovery stage and hopefully i can saw my portfolio in green soon. as what you said just relax and everything will be ok soon
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To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.
Usually thise who complaint are those newbie in crypto trading which they thought ince a coin is in uptrend there is no turning back for the price and they are the one who sell immediately their coins whenvthey realized their losses. and shout that crypto trading is a scam. they have no patience to wait for the market to recover which causes them losses with their investment.
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what analyst predicted in page 1 of this thread is currently happening and 9.1k$ was already surpassed though there is slight correction for bitcoin price but in general price movement are pointing upward and it is healthy to see that price movement is gradually increasing.
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I have a question.
What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
As what other reply here said, it depends on your investment strategy if it is for long term better to create personal wallet forcyour coin for more security purposes but if you are doing short trade exchange wallet would be fine to avoid extra fee when transferring your coin from private wallet to exchsnge wallet.
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I've been watching and monitoring bitcoin for close to 3 or 4 years and I can say this year has been the best year for the crypto and all the investors in the market, firstly, the coin witnessed unpredicted increase in value this year more than any other year before.
I know that the value is based on the principle of demand and supply but I'd like to know what else contributed to the price value and the popularity bitcoin has right now globally.
With a unique payment method bitcoin can offer to comapany and individuals online because no one can manipulate or interfere its volume and function sincevit is decentralized and the increase of business who want to adopt bitcoins platform this are the main reason why the price of bitcoin surge to un expected growth with more and more peoplecwantvto incest in bitcoin this trend msy continue to go higher in the future.
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Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Newbie traders usually encounter same experience of what you did because of their greed to earn quick profit they usually invest to more speculative coins which they think can give them high return but usually opposite outcome was what they get. just keep this as your learning experience and continue read basic trading books to develop and improve your trading skills
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing. How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
This happen to all of us in trading and its normal we don't know when coins price surge as long as you earn profit it is still a good sell just move on and take this as a learning experience so the next time you trade your decision may appropriate to what market condition is.
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Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Once, when i was a newbie i almost experience same situation of what you did. i keep buying hit coins that are bein hype and i end up lossing in the end cause I don't have enough trading experience during those time, although i lossing my investment but it serve as an eye opener to me that in trading we have to control oir emotions and don't rush when trading always be patience. i hope this would be a good lesrning expereince to you so you may earn profit the next time you do crypto trading.
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I do agree and admire a kid with such a young age able to saw an opportunity for crypto currency to make him rich. but current situation now is way differ than before price now is way to high than before and I think in order to be rich you need to have huge capital to invest or it takes time for you to make your profit grow
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total market cap for crypto market was already 440billion$ plus and still increasing day on day. i can say that bearish trend is over and market are slowly in an uptrend mode though it is very early to say but with the result on how crypto market reacts it seems we are entering in bullish season and that would be great to all of us.
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from 300+$ now price is 740+$ and is in uptrend with with the increase of erc20coin that uses its platform this token would increase its price further sad to say I'm not able to sdd more when it was at 300$+ level.
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As we all know bitcoin has come long way in the eight or so years its been in existence, but their's still long way to go before the digital currency becomes a widely used method of paying for goods and services. we should know. 1.what challenges are facing bitcoin? 2. how we can prevent it? 3. how we should face those challenges?
there are so many challenges for bitcoin users and to name the few are government legsl acceptance ay digital currency we all know that lot of countries still not encouraging their citizen to invest in bitcoin. another one is regulatory rules, as of now there are no conrete regulation for every country how to regulate bitcoin and protect their investors. and so many others.
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i am new in trading . i want to start trading . what advice you should give me before i start in live trading?
keep reading trading guide don't trade with your emotion like you get panic when market is down always keep patience don't rush to buy coins find or wait good entry price. invest only on loe level risk coin and with minimal amount since you are a newbie. learn from your mistake.
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Most replies here says it is risky which I also agreed since crypto market is a very risky form of investment but as long as you are careful in selecting your coin to invest there is no doubt you can multiply your investment in several folds in the future
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Hey guys, what do you think about today’s market situation? Market is growing really fast. Will it keep going like this?
It seems all fud and negatives news was fully absorb by crypto market and huge correction of bitcoin was also over. good news are start coming out and more and more merchant want to integrate bitcoin as option for payment we can expect price movement of bitcoin will going uptrend.
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Seems like most people just want to become super rich in a short period of time. If you don't believe in this new technology, and just want to earn quick money, I think you will probably not achieve what you want. All I want to say is be patient, live your life, and don't get too emotional by all the negative news/FUD. Yes, crypto might be ended in a really bad way and you lose most/all your money. But if you truly believe in the new technology, just invest the projects you like the most and hold until it gets mature and returns.
cryptocurrency serve as a unique medium of financial options in digital world it works as an intermidiary between real money and digital money to be an option as payment or buying power for goods snd services sround the web. investing good coins can give you good profit in the future.
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Trading market is just a cycle of ups and down or bullish and bearish and it is necessary for the market to be bearish to eliminate bubbles of price same here in crypto with so many fork coming out you are now confused if where is really working fir improvement or just a copycat scam fork thay will just victimized investor. besrish market is an opportunity to add more if you have some extra funds
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