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I think earning profit is the best profit for all kind of investment. Besides, there are some advantages of crypto make it different to the others. For example, individuals cryptocurrencies are digital and cannot be counterfeited or reversed arbitrarily by the sender, thus, there will no fraud here. Moreoever, it will identify theif, when you give your credit card to a merchant, you give him or her access to your full credit line, even if the transaction is for a small amount.
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I must say that it is not easy to manage your loss but you do have to get into a mental state of detachment from the money in order to focus on the trades and your analysis. You cannot be worried about the draw-down of your trading account and be 100 percent concentrated on the setup and market movements. Many traders go through periods of many losses, especially larger losses, they would get into revenge trading, they would enter trades even based on nothing, not even setups that have high probability.
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I think there are many factors make a valuable altcoins. Firstly is the developers behind the project, the more strong of altcoin developers, the more potential it is. Besides, maybe the novelty of the project, the problem being tried to solve, the huge of the community behind it trust the developers, the strength of the partnership they are able to secure are also very important for an altcoin.
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I must say that daily trading is not as easy as you imagine and not all altcoins are suitable for day trading. However if you can choose a good altcoin, you will get a big profit because market trading is unpredictable. The best altcoins for day trading need to have potential liquidity, range, and volatility because it goes up and down at any given time depending of the movement on the trading volume. They must also have a history of making big moves in a short period of time.
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From my view, ETH is the most stable. Although sometimes it losts in price, it's still temporary I think. The main reason why ETH is stable is that it has a person behind it. It is getting larger and larger each and every month, and then it would cause strong interest among traders and investors.
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Although it sounds very simple, it is difficult to execute. Traders and investors must have a certain objective method to determine if prices are high or low. In my opinion, an approach to buying high, sell low, which is more suited for long-term investors is to use the crypto cycle and sentiment surveys by using market timing tools.
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As I know Telegram is one more social media platform to connect with investors and other traders as a way of communication. It is now really renown for many investors which is used in many countries of the world, and in some of them as in mine completely know about it. In Telegram, the members of the team will update about the project they are joining, thus, it must be a new measure for ICO now.
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I think you must learn the good strategy and techniques about how to get more profit in crypto business, besides, you should also very careful on investing to avoid people who take advantages from you. And I must say that to earn big money, you can only invest in the crypto currency. You can choose to hold some tokens and when their price increase, you can sell and buy again.
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I saw crypto experiencing tidal price and sometimes still flushed even though the current price is in recovery but I am sure pasati will be stable at the end of 2018 later. I suppose that if market dropped, then it's time to buy and if market will get stronger then its time to harvest and earn more. By doing this way, I will have all the advantages to increase my profit margin when the market rises again, and I know it will because that's how the market works.
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According to many website, telegram is a major determinant of a successful ICO. It's the community that makes a project what it is and if they have a very large number of supporters, there's nothing the project can't achieve. The higher the number the more successful, the more money raise. For my opinion, telegram is an important one, however it's not the only criteria to decide whether the project is potential or not. Telegram is just a social media that give community information and I believe that a successful project is depending on solid team.
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For me, I would suggest two ways to earn altcoins. The first way is mining. Mining is the most traditional way to earn crypto. Although a lot of miners have become unprofitable with the increasing difficulty rates, some are still worth my investment. Moreover you could make about $50 to $120 per month, depending on the model you choose and on your electricity cost. The second way is completing tasks on social media. I know this method doesn't make that much money, but it's extremely easy because you can earn altcoins for fulfilling simple tasks on these social media.
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I oftern check its background and whether it is suitable for me and I want to be a part of that bounty campaign I will join in it. It is not really easy that you need to find out who are the team behind the project, they are should be professional, strong and experienced. If you have more time, I think you should read in advance in the bounty campaign for choosing the right one which is enable to help you gain money.  |
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I think bounty campaigns are the best social media for ICO promotion. These are campaigns that allow the audience to do some tasks for the token the ICO is creating. This can be a mixture of tasks from translations, signatures on forums, sharing on social media and blogging for them. Successful projects have reached out to social media influencers, but choosing the right ones to partner with is paramount.  |
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In my view, the most simple way is store your private keys in your safe place. The most safe ways is using a hardware wallet if you have one, which is the most secured and added some metamask extension. The reason is the hardwallet has some extra layer of protection that can easily block those hackers from getting your keys, you will need to manually input your keys using the phrase or cryptographic passwords from your seed. I'm also using hardwallet and it is still safe untill now.  |
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