of course a good investor will first do its own research (whitepaper, roadmap and etc), besides that what is your biggest motivation?
The main thing that usually gets my attention is when there are big names attached . If I see that an investment is attached to a big name I will usually feel kinda confident about it, cause since they are operating with a big brand why won’t it be a good one? So it’s probably going to work out, but that doesn’t stop me from making the proper research that I’m supposed to make though. I still need to check everything about it to know if it’s going to be truly a good one. |
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If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
Anything can solve problems, including Bitcoin, but where someone else finds their favor might not be the right place for you to find yours; if Bitcoin works for me and I happen to find my success here, it might not work for you. I have a lot of friends that I started this with and all of them have quit because it didn’t work for them. So it doesn’t work for everyone, if you try it and it doesn’t work for you, then quit and find something else. |
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I've read that Facebook is going to have its cryptocurrency https://cryptobriefing.com/ready-for-facebook-coin/Since Facebook and Mark Zuckerberg as an entity is highly influential, do you think it would bring crypto in a positive light? I am thinking that it may raise awareness of cryptocurrency as a whole and not just bitcoin. There is already a lot of promotion that has to do with Bitcoin and other cryptocurrencies on Facebook, and I was once seeing them on Instagram too. So this is not a new thing, they were doing it before they banned binary options and cryptocurrency promotion on their platform, which they later reversed. I don’t think there is something else we all can do, enough has been done, everyone has their own business and you can’t force them to invest in Bitcoin, they will only do so when they feel like. |
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Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
I don’t see anything wrong with it, there are can be over a million exchangers out there, it’s no one’s business, you just have to avoid the bad ones, that’s the only problem because as there continue to be lots of exchangers, there will also be bad ones alongside the good ones. You just have to fish them out. And the worst part with all these bad ones is that once you fish them out and everyone recognize them as a bad website, they will still go ahead and create a new site, that’s the thing that pisses me off😒 |
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If we observe the charts, there is always a trend of price increase in all (or probably most if not all) of altcoin or everything that has value everytime the year ends. Now if one do want to do trading would it be best to do it per year? and if one does this, is there a way to identify which altcoin would yield the greatest price increase so that at the start of the year you may have the time to prepare for it?
You can’t be able to tell which altcoin will soar high in every year, that’s not really possible and don’t invest your money in just one altcoin while there are many of them in the market that are very good. Just choose like three or even five altcoins and invest your money in all of them, then you can wait and watch them as they grow. If you invest only in one it might not turn out to be what you expected it to be. |
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Although there are many good ideas out there, aren't you safer to invest in an ICO which already has a functioning and proven product? ROI is much more likely in this scenario
Maybe you’re right, but know what product it is cause some of them might not get the interests of people and so it might not really work as you think and you’re most going to make any profit from it. If you look at the product and see it is something that no one would be interested in, then leave it and continue with something that you know about. Maybe you should continue with the white paper, if that’s what’ can get you the profit you need at last. |
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I have lost my etherium wallet private key.Could any one know how to recover my private key.
All of them are the same, including Bitcoin, they just work the same way and once you have lost your private keys there are no ways to revive them back. Whenever you’ see those private keys they will always give you a warning to store them safely so you don’t lose them, because once you lose them they are gone for good and there is no way to recover them. So just forget about it. But if you’re still in possession of your Ether, you can still create a new private keys. |
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I believe that bitcoin is underestimated, I do not claim that it should only grow! But I'm sure that the future is for him! crypto currency in general, and bitcoin in particular - this is digital gold, many people still do not understand this. I'm sure that in ten years it will be so.
The way the price of Bitcoin moves is really crazy and anything can happen. We don’t know that yet, but with Bitcoin being highly volatile I think maybe the price rate for a Bitcoin might surpass the price rate for gold (I don’t really know how they count it for Gold). And also if that’s ever going to happen know that it’s going to really take a very long time for it to happen, it’s going to be easy and it may never happen. |
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I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.
So how far from that you guys think we are now?
Lol… This one is funny, please what exactly did YouTube do to Television? Cause even till today we all still watch television and also rushing cinemas every time new movies are released just like the Avengers Infinity war that released not so long and other movies too. I’m also sure that lots of people here still buy Blu-ray. Lol, back to the main point, Bitcoin can’t win bank, so quit all these games you’re playing and face the truth. |
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When price drops over and over everybody thinks that is bad and their invesment is going to loose or they already in loose. Generally this causes loosing hope to that coin, and people generally sell and exit from market.This maybe great for manipulators because they want to control market. right now there is a resistance to manipulators and this causes manipulators to gain less. they earn with volatility and it is decreasing as you can see in yearly graph. so best option for manips is reducing volume so that they gain more control. And for to reduce volume they create hopelessness by lowering price. When you see price is going well to high points you feel better but they cut your dreams with a steep fall like just a few days ago. investors sells or waits that cause reduced volume. And when the volume decreases they can ride the price easily.
Yes they want to be the ones that are controlling the market and they also want to be the ones that are making the huge profit. This is just like in the real world politics, our leaders wants to continue to be the leaders like forever and they keep on deceiving us and stealing from us they never want to come down for the youths to get in, rather they remain there till they die lol. Well, I just wish there is a way we can get rid of these price manipulators. |
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So I converted My BTC to USDT, Now how I can convert USDT to real USD cash?
You should do that the same way you sold your Bitcoin and got USD. If you can find anyone that will buy the USDT or. You can find an exchanger and convert from USDT to Bitcoin. After that you can withdraw or maybe if you have a wallet that uses debit card just like Xapo, you can move it to that wallet and withdraw all from the ATM, but best will be to move it direct to your bank account. |
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Expert traders, can you say Which is profitable coin? I like easy and short time trade. Now which coin is better and which exchanger also better for short time trade? I like small profit and it is short time. Say your option please.
There is nothing like a coin for a short trade, you don’t trade coins directly rather you trade on exchanges. From the way you’ve explained this you’re just talking about hodl and when it comes to that there is nothing like a short term or a long term, you just have to invest and hope that profit comes, that means you’ll actually be praying for a Bull market but as for trading on exchanges, if you want to do a short-term trade it is called scalping. |
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Actually if you are a professional investor, you can earn money both in the bull market and down point. The most boring is a market siderway, not the market down. In strong declines, there is always the opportunity to go a long way in the opposite direction, so anyone who knows how to play in a down market will be rich quick in a bull market. The important thing in a bearish market is the trend reversal, so remember that in the bearish market and as close to the important support points you should put extremely short SL. For this reason, you can lose 8 out of 10 orders, but just succeed 2 orders, you will get back all, even profitable. So for a professional investor, you can make money even in a strong down market. Prepare yourself for a solid strategy and psychology. Good luck !  Yes people make profit in a down market, I trade at anytime whether the market is down or up. But there is just something you said now and I don’t really get it. What do you mean by making the 10 orders and losing 8 out of the ten orders and then using two orders to recover what you lost, lol. How can only tow orders be enough to recover what you lose, unless you planned going all in or with big funds at the last tow orders. |
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Many new people on this forum are so focused on ranking up on this forum, with the visions of making tons of money from Bounty and Signature campaigns, but when it counts the most, they tend to drop the ball and they lose out on the biggest profits. My advice to the newbies out there is to forget about Signature campaigns and Bounty campaigns and to concentrate on the things that will help you to make the biggest profits. You should acquire as much cheap bitcoins as you can, during a dip, because you will never know if that price will be the lowest price that Bitcoin would be sold for in many years. In early 2017, the Bitcoin price was around $1000 and everyone was saying it was over valued, well they were wrong and most of the old timers just kept on buying more coins. The end result... The Bitcoin price went up to $19,000+ and we made huge profits. So, please shift your focus on the Dip to something more positive. A dip in the price should be welcomed, because it gives newbies and old timers a opportunity to buy more cheap coins.  Buy the Dip and Sell on the Spike for the highest return on your investment. No Signature campaign or Bounty campaign can beat a 800%+ increase in the price.  That is true, newbies tend to panic whenever the price of Bitcoin is falling, it’s only old investors who has been into Bitcoin for a long time and understands how it works they are the only ones who ate happy and also has patience when Bitcoin is down. That’s why anyone who wants to get into Bitcoin should study it and know everything about it including how it works. But I won’t really blame them newbies, you will also do the same when you invest in something you don’t know much about and the price starts to take a dip. |
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According to the k-line of 2011-2017, the major bull markets are basically those that rise after a super rally and then go back a year to two years later.
When should the chance of tuen mun be this time?
Feel like there's a half-year down period?
While history will not simply repeat itself, shouldn't the bull market come so soon?
The ICO bubble is pretty bad.
Bull run does not repeat every year, the only it happened was in 2017 after bitcoin stayed for so many years. So it’s also likely to take the same time to reoccur.And know that no one is able to predict the future of Bitcoin or what will happen, I have seen so many predictions even this year also and a majority of them were 0% accurate. Even one that was being carried in this forum on August everyone kept saying that price will pump, but it never did. But you can still see the signs when it’s about to rise. |
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Few people are trying to claim ignorance. They trust that the Earth's assets are boundless and that a bean stalk can develop to the sky. Or on the other hand maybe they know somewhere down in their heart that we are making a course for an ecological and monetary fiasco, one that they think only they will get by through minds, gold, and firearms.
Others accept intensely that innovation will safeguard us out once more, that smart primates will dependably locate another apparatus that will enable us to separate always stuff from the planet.
Up until this point. Changes in horticulture, back, government, assembling and transportation kept pace with the populace development.
The advancement in technology improved economy from past many years but do you think it will grow forever or their will be reduction in resources?
I believe that world economy grows but it does that slowly. Another thing is that it never benefits every country, some countries keeps on losing and their economy never grows. It goes round but there are countries that gains the bigger share due to they are more developed and everything happens there. Just like the U.S, lots of big industries, companies etc. |
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Life must go on even bad things happen in our daily living. Even failure always comes on our way. Don't be discourage because it is all part of our life for us to be strong and for us to improve ourselves.
People tend to fix high expectations most of the time in the short term, and if things apparently works that way, everyone would have been stinking rich by now, but the truth is that, there is no way you can get to see things work this way as you will still have to work or be patient for what you really want to attain from anything. Being discouraged is something that is only available for losers, as long as you learn from your mistakes, you make amends, and you look for ways to do things better, you will be a lot better in the long run. |
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as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
That was just a coincidence, it’s not how it works, Bitcoin is not linked to any currency or whatever and it does not rise just because dollar is rising. Bitcoin is on its own and what moves the price is the rate at which we invest in it. When there is a high demand for it then you will see the price increase and when there is a lesser demand the price will go down. Anyone saying that Bitcoin rises because dollar is doing so is wrong and don’t even know what they are saying |
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
If you don’t mind, how do we know which ico is scam and which ones are not?? It would be better if you explained it than make fun of those that doesn’t know how it works, cause not everyone is perfect. Some of these icos you will never know their future whether they are here to stay for good or just for a short time. That’s why it’s good to know what you’re doing and invest and withdraw at the early time. |
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Here are some interesting facts about trading I stumbled across from CryptoCred which I think may be helpful
Common error to avoid when you day trade, I modified some to reflect my own opinion.
1. Revenge trading, trying to get back a trade that has been lost or chasing a trade.
2. Never using a Stop
3. Not having a plan (Risk/Entry/Exit/Stop)
4. Not sticking to your plan
5. Greed — risking too much/not taking profit
6. Being too emotional about a trade.
Plug these equity drains & increase your odds of being profitable.
You could add to the list and make better trades
I really like this post and it just states out the main problems that are being faced by most traders today, and I don’t mean just newbie traders, but including the old traders cause most of them still don’t know this. Some people here are trading without plans, and I have also noticed that some are always greedy based on the kind posts they post in the forum. They are never satisfied with what they have got and are still looking for more. I know a guy in this forum that made a good amount of profit in this forum but decided to go all in with profit and including his main capital cause he thought he would make it big, forgetting that there are risks, he ended up losing everything and had to borrow money to start again. |
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