Yup i’ve been scammed for 5 times and i’m still here, maybe 10 times scams i will stop doing crypto i will end my crypto life. I exert time and effort and still i got nothing. Hoping that this ICO i’ve joined is not w scam anymore.
Sorry to hear that happened to you. I both invest and do bounties. I never got scammed from the projects that I participated to their ICO but I got scammed couple of times from the projects that I participated to bounties. They got the money and run away without giving anything to bounty hunters.
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Can anyone guide me how i can start crypto currency trading
Sign up with an exchange. Fund your account. Watch the price of whatever coin you want. When you think it’s low. Buy in. When it goes up sell. When it goes down buy. Repeat. Nobody can really tell you how to trade. You have to just start and form your own strategy. What works for one person doesn’t work for another. You have to figure out what works best for you. It takes time. Start small so you don’t have big losses. There are two options actually. If you don't have capital to invest then first you need to participate some bounties (like signature, facebook, twitter) and try to make some money. If you have money you can immediately start trading with one of the major exchange.
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I think we should all support for all the altcoins. Let's not just rely on bitcoin too much. We need to create a common ground and develop evenly the altcoins. A market with a variety of high value altcoins will be great. Investors will have more choices and bountys will have more projects to join. I think this is a good idea and you should develop it.
Agreed! If we want to have a strong crypto currency market (not dominated by bitcoin) we have to support alternative coins that we believe that they have potential to deliver good service to us.
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for this coin investment I plan for short-term but regular investment because the results are quickly enjoyed
Indeed, short-term investment will offer less time on earning profits with the coins you are holding. I'm holding Oyster Protocol PRL and the price is very volatile and this kind of volatile coins are million circulation supply. Thus, I could use this PRL for trading to have a chance to earn more than long-term coins or Billion supply coins. Both short term and long term has its own advantages and disadvantages. Actually you don't need to choose between two. I divided my portfolio to half. I'm doing long term investment with the first half (it means no touch whatever happens in the market) and second half I do day trading. Very sophisticated strategy, I liked that! You are right, why to choose one of them by knowing that both has different advantages. I'm more like long term investor but I also do swing trading which means a lot of sell-buy and buy-sell during the day. I also have pretty similar strategy and I'm very happy with that. When I just started trading I was short term investor and I was getting angry to myself whenever I was selling too early. And then I became long term investor, I lost a lot of trading opportunity just because I was holding. Then finally I started to do both like you explained.
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If you do not go to phishing sites, do not send anyone your private key and follow basic security measures, then no one will ever crack your e-wallet.
That is right. If you are just a little bit cautious and careful then nothing will happen eventually. Use strong antivirus program, never share your private key (even with your friends) and always make sure that url is myetherwallet.com and not something else.
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I like XLM but its one of those coins with such a huge supply, its never gonna reach an high value say $100
This has a good sense. When investing, looking into the total supply matters. As per xlm with more than 17 billion circulating supply, even reaching 10$ per coin is almost impossible to me coz it would mean it will surpass some other good coins' current marketcap. This is exactly what I thought too dude It will not reach so high prices and you guys should be careful and you should never ever go all in at one coin because it is to risky! Very well said. One of the biggest mistake that newbie trader does is that they put all their money into one coin. Despite I really like Stellar and I'm sure it will be profitable, I advice you to put just some of your money into that.
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Do not click the link guys, no one knows if that link could have malicious code inside, and nowadays, it is very risky to click on external links, specially on this forum, where there is targetted traffic. Just an advice, if you want to post it, just quote.
Link is safe, it is just opening the report. I didn't get surprised honestly. As we all know that there is a huge battle s going on between central banks and bitcoin. so they are using all their power, money and social media to influence public about cryptos.
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I think is good News For all Cryptocurrency user. KFC accepts payments with bitcoin. But I'm not sure its real of fake news, I hope soon all retail store are accepted Bitcoin
I doubt about it. I really don't like the fact that those capitalist bloody minded companies are into blockchains. first of all blockchain is based on decentralization which is totally against capitalism.
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From what I've checked and asked around on forums, even off-shore banking accounts do not directly allow direct bitcoin transactions.
Of course they don't allow. I've just read citibank's crypto currencies report and summary; they think btc will die. I didn't get surprised. as the banks are managed by centralization, blockchain is their biggest fear at the moment.
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Well you know I accidentally deleted the account information in which I had at least 0.5 bitcoins and it was way back in 2012 that this happened or even before that and at that time the value of bitcoins we're not very much and I was like oh... It's not a big deal... Only this much I have lost and when I think about it now .. I have completely forgotten everything .. back then I could have done something... God forbid if something like this ever happens again. I was just stupid though, I have just evolved not my fault 😂.
This kind of accidents are happening all the time and to all of us. Actually the worse is losing your money while you are trading it. It happened to me many time and I'm sure that it is happening all the time. you buy a coin that you think it has the future and right away it crashes down.
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may be near future banks take btc but need so many times. if the all banker take it serious, but they will never tell that to the public. Instead they try to scare you away from it.
It has nothing to do with time mate. we first should accept and understand that banks are against the cryptos. read upcoming reports that released by banks, all of them shouting that bitcoin will die. so they are already taking it serious and trying to destroy by using their power.
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They may be against bitcoin because they do not know how it works and what happens around cryptocurrency and maybe this is the only reason they are against it. They must learn about bitcoin and about cryptocurrency first before they think that bitcoin is bad.
I think it is one of the reasons why media is fighting bitcoin. where bitcoin currently has an expensive market value but the medium enlarges the bitcoin. the media may not be able to get large amounts of bitcoin so that it becomes the media material to be published to the public. I'm afraid I'm not agree with your point completely. It seems to me that whomever this media organization belong to is the key person. If that person or holding is one of the bitcoin whales then that media is supporting cryptos, as far as I observe.
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I usally used myetherewallet because that is the common wallet for me i don't to other people if they have other wallet that hold there coins. Same here. It seems like myetherwalle is the most use erc20 based token wallet. The reason I'm using it because most of my tokens are erc20 based and I can also use my ledger nano x with mew to make it more secure.
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My greatest fear is that bitcoin will go down or the value of it decrease instantly and shutting down. But i think shutting down is impossible because there were many bitcoin supporters. So many would try bitcoin it will be viral all over the globe
I don't think so that bitcoin will collapse though. The fact that there are many big investors that are coming in and investing to bitcoins are good signs that bitcoin will go even farther from its current market price value. I also think so but I can understand the people who worries about it. Because I cannot help myself sometimes too. Probably all of us have the same fear eventually, like one day you wake up and see that market is crashed. this fear is not specific to cryptos, stock traders also has the same.
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Should I invest in Bitcoin?
You should ask yourself whether you want to invest or not. I'm not sure but maybe you are wanting to make a profit from investing btc but you are afraid of the money you will spend. I think if you want to invest, invest in a small amount of money and think that you actually lost that money. If you are willing for investing your money into bitcoin, then you can go for investing even more money than that of only 1% into bitcoin. Investing more money into bitcoin will actually help you in having more money in the days to come. In addition to this, it will also help you in having more chances of having a comfortable life in the future. Investing in bitcoin will definitely make you rich. I guess you should add your investment at least 10% of your savings. I think this 10% of your savings is already enough to get a profit that you aim for, and besides just believe that it we'll get profited because it was the bitcoin's promise you just needed to worked it hard and have patience. Very well said. Additionally I would like to ask if you didn't start it at all? If you are just beginning you may start with alt coins. after you make some money then you can invest in btc.
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