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All exchange do that, I am not sure you added the right links, maybe you check it again and adjust accordingly
Links fixed, thank you for pointing it out! As for the listings, for smaller ones, it may not be anything new but Coinbase is one of the leaders in the crypto world. It is also regulated, meaning that a lot of innovative projects can list their coins out and get access to a market that is quite large. Hence the importance of the policy change. However, whether it will live up to the hype? Only time will tell.
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The vulnerability of the cryptocurrency blockchain network can impact the value of the coin, especially if the said bug can be exploited. The bitcoin's inflation bug could have large implications for the whole industry, not just bitcoin. Recently, dev teams went undercover with an issue a bug caused. In it, part of the blockchain system could have been shut down, allowing the attacker (if there were one) to create additional bitcoins outside of the market cap limits. It is a red flag for development, meaning that teams should sit down and make decisions to get the crypto into the right track soon. https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/. What is your opinion on it, what kind of consequences there could from this bug? https://www.cryptocointrade.com
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I did expect new bitcoin ETF to come soon. Right now, SEC reviews yet another application for the BTCs trade contracting that would allow businesses to enter the digital coin industry. We shall see how this one goes! However, I do not think that the market will feel the impact immediately. It all depends on how large the ETF adoption shall be. It will take time for clients to get into the ETF instrument, especially those that never worked with cryptocurrencies so far. https://www.coindesk.com/sec-seeks-more-input-as-it-weighs-vaneck-solidx-bitcoin-etf/
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The bitcoin's price fluctuates greatly right now, as it always had. In the past 24 hours, it went as low as $6.100 and went up to $6.550. The difference of $550 is quite a nice sum to capitalize on, especially if a leverage function is used. Keep an eye open the market movements always and implemented technical analysis to catch these trends. https://www.cryptocointrade.com/In your experience, apart from the large growth in 2017/2018, what was the largest spread during one day that you have witnessed so far?
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It has been noticeable that social media these days is exerting panic calls all around. These posts serve no real purpose except to take clicks and views while not helping the cryptocurrency community at all. Keeping a cool head at times of bearish runs is no trick but is also far from easy. Even the best of us fell into the trap of panic responses, losing even more as a result. Keep the stress out of the trading business and invest only so much that you can afford to lose. We would also recommend small investments at the times when bitcoin and altcoins gradually lose value, since the period when they rise up will come. Share here your "quick and dirty" techniques to keep calm while trading and experiences when you panicked so to help others recognize it as well and stop it in time! https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/
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Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets. Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.
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Current price for top 20 coins are decreasingly a lot. Before doing crypto currency, I understand that there is the way to get the profit whatever market is up or down. What the current situation is price for bitcoin or altcoin are up for a bit only. Then, it is down for too much.
I feet that trading is more from auto bot. They block the way. Then, it is disappeared. Also share with us what is your safer way for day trading? Are you looking at 30 minutes or 1 hour chart before you start the trading? Is there any way to know that which coin is more stable for day trading? Thank you.
Although we do have articles regarding bots in crypto trading, the first thing we say to our readers is that investor should handle bots - not bots them. They are merely a tool for automating processes that would take too long if done manually. As for day trading coins, many can work out for you - if you know how to day trade, that is. Thus, we would advise to first really educate yourself about day trading using youtube videos and free educational sites from both independent sources ( https://www.cryptocointrade.com/education/) and from trading platforms themselves. Bitcoin and altcoin market is very volatile and all coins behave similarly as well. You will hardly find a single cryptocurrency that is constantly stable for long periods of time.
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So with how much bitcoin and all the altcoins are down, is it even possible for any trader to make any money? Example let say this. You buy btc at a very low price due to these dips. Now you could either keep btc or buy altcoins with it. Now the market goes down every single day. First off, does anyone know if btc or any altcoins ever have a day where the prices drop every single hour? Or is that impossible?
Anyways, with how much all the coins are dropping, is it even possible for any trader to make money on days or weeks like this? Im thinking its only possible if they make sure they sell it at the right hour and minute etc in order to profit. But of course if they are down almost all day, how is it even possible for anyone to make any money? Sure when the market goes back up in a while, and the price gets higher than they bought it at and now they sell, the profit. However, the same ppl who hold the coins will profit as well.
Because doesn't it seem like there is no skill involved at all it seems? Because if the market is down for a long time, what percentage of traders are even making any money when the market is down? Of course if you got a coin at like 10 cents a long time ago and then it went to 5 dollars... and now because of this.. its now down to say 1 dollar, well you are still up money if you sell it now. But the same ppl who got this coin probably got it at over 3 dollars and lost a huge percentage of its value.
So is it true almost everyone loses money when the market is down? And almost everyone makes money when the market is up? Because if btc goes up, the alts follow. BTC drops, everything follows. Its like there is zero skill at all almost. Such that yes when it goes up, some altcoins might go up higher than others. Also why do certain very good altcoins drop when btc drop if that project is very good etc? Yes i know you need btc to get that coin and vice versa but its like its either everyone wins or everyone loses.
So right now market is down a lot especially for those who bought not that long ago. So where is the skill here? Its basically when to sell and when to buy right? However, when market is down like this, who is damn making any money? Because isn't almost everyone losing money? The only ppl that i could see that likes this huge dip are those that have usd/usdt ready and picking when to buy. Of course they could have waited till btc was 8k and thought great i buy now or buy alts and each of these already lost a lot already.
Who is making any money now when the market is down? The ppl who are selling? Surely not since the price they sell now is much less than before. Also just curious but does this apply to stocks and forex trading as well? I know that well stock market goes up, doesn't almost all the stocks all go up it seems? The same can be said of forex or am i wrong here? I only know forex is money trading with different currencies etc. Because when you look at other things like poker or sportsbetting... someone is winning and someone is losing. Also to anyone that bets sports or knows about sports, you might hear how all the wise guys are losing money. Wise guys are sophisticated sharp bettors that are much smarter than your average joe. That average joe most likely bets very square picks... meaning like obvious public teams etc. However, the thing is the public does win. And when they do that, sportsbook would lose money. But usually they get it back and the average joe loses it back betting very public plays and the sophisticated bettors aka sharps win again. However, i heard of sharps having really bad seasons etc.
So based on that, doesn't it seem like crypto trading is basically everyone wins or everyone loses? Because in sportsbetting, yes the house does win and they house could also have a losing streak. But eventually they win back the average joes money. But if the average joe gets lucky and goes on a huge run whether betting favorites or underdogs or whatnot, its possible for him to win for a long time or lose for a long time. Also let say you have a few players who are sharp sportsbettors and a few average joes. Well if the sharp guys are winning, most likely the average joes are losing. If the sharp guys are losing, average joes are most likely winning. I say this because they usually play opposite plays most of the time. But no matter what, someone has to win. Whether its the sportsbook or the bettor. Also in sportsbetting, there is something called live betting where its like trading. Basically you can bet on either side while the game is going on when odds change always etc. But when you live bet, if one player bets this team while another player bets another team... remember each of these players are betting against the sportsbook, one player will win... the other loses. Thus that is where the skill comes in. So does anyone here feel like the market dictating winning or losing is just stupid? I mean if market is down, who is making any money? Its like ppl say when there is a bull market, everyone thinks they are a genius. Well if its a bull market, the only thing you have to think about is okay i will buy btc but should i exchange it for altcoin or not and which one.
Anyone here have thoughts or opinions on this? I got excited about cryptocurrency and trading and wanted to do it. But now when i look at it, its basically look at the market. There doesn't seem to be any skill in it. Can anyone here correct me with any of my statements especially if i made any especially in sportsbetting? Thanks.
There have been a lot of good answers already for your question, so I'll try to keep it short. When market dips, this is where traders start to play out their strategies, not those that seek simple exchange (even they can profit actually). In trading, when opening an order, you can set your own prices as limits. Bitcoin and altcoins all fluctuate and their dip is not a straight-lined either. You have numerous ups and downs during this time, so you capitalize on them. And trust me, these can be quite large as well, going by 10% even. What makes a good trader is the capability to guess exactly when such jumps occur. You then set out take-profit and stop-loss limits and push "sell" order. If you guessed it right, through fundamental and technical analysis (more on them here https://www.cryptocointrade.com/education/), you can earn a quick and small profit, platform trade fees included. You make several day trades and voila! You've earned a modest profit, even when the market falls down!
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Oh, and not to mention that ICO team does not even present themselves directly but offer alias.
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Ah man, I saw that table where cryptos or platforms get compared to the OP token/system so many times, it gets me to laugh every time :D Jokes aside, how do I feel about the platform? 10.000x growth value? I do not remember a single coin (apart from those that are at the top and after almost a decade of torture) that achieved that level of growth. Too-good-to-be-true? Maybe. There is nothing unique about the platform nor any real problems solved that other cryptos do not offer already: - masternods: check - fast transactions: check - low fees: check Now, on the miner's side. PoS means no mining so the supply is centralized. All control in the hands of ICO owner. Exchanges mentioned are relatively small when compared to giants in the market. If someone pointed a gun at my head and said "Will you invest here or not?!" my answer would be "No. I would wait a bit and see what happens. Or, I might invest very little money that I won't regret losing." My personal opinion.
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I am going to try not to spam with you with text but rather show you a website that you can check out https://www.cryptocointrade.com. Its all about trading coins, including trading platforms, fees, regulations, strategies, apps, charts, bots, and much more. On the side of your question, we can easily summarize differences in bullet points: - stocks are a lot less volatile than coins - stocks are regulated heavily by governments, cryptos are not - stocks represent individual businesses or groups of them, cryptos represent ideas and solutions - stock market is centralized, cryptocurrencies are not (mostly) - stocks represent the value of a company and assets it has, cryptos are determined by the market trends and have almost no physical assets to speak of There are few more, but these should be efficient so you would know what you're dealing with Read articles on the website I provided to get a better idea of how and what to trade and keep learning from other sites as well! Happy trading!
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I don't know to agree or disagree with you what you say makes sense, increasing your knowledge of the technology that these cryptocurrencies you are trading can help you but when it comes to trading, specifically trading altcoins, that knowledge is not going to be helpful as much as you may hope. for instance you may have a pretty good understanding of the blockchain technology and find a very good coin that is implementing the technology in a very interesting way and you may find it full of potential because of it .... but these types of coins are never profitable in the altcoin market! instead when you look at shitcoins and the worst projects out there, you can see huge profits on daily basis is taking place and there are hundreds of traders that are taking advantage of it. it may sound strange or even a terrible thing to say, but learning how pump and dumps work may give you a much bigger profit than anything else can. I understand your reasoning, as it is a sound one. But, I still believe that being active in the industry you trade in and actively learning new things will pave the way towards not just understanding, but towards more accurate prediction of trends to come. There are numerous new coins coming and going, many of them with unique features. Who says that one of them will not push towards the top someday, especially if they possess innovative solutions for real-world problems? Also, the industry, in my opinion, is pretty exciting! Pump and dump industry is a must-know. There is nothing terrible about it. You simply need to know how scams and frauds work, so you do not fall in the trap all the time Thanks for the contribution!
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Thanks everyone for comments and opinions! As for the knowledge itself, being a trader is not just capitalizing on price changes but also to beocme an expert in the industry you wish to trade in. Take stocks, for example. To properly understand the stock, you do need to know the business inside and out. Industry trends, latest innovations, and big news can all impact the price of the share you wish to base your predictions on. However, cryptocurrencies are a bit different. The market is relatively new and it has many implications for the world we live in if developed and done right. There are many interesting cases of implementation. Yes, such knowledge might not benefit your trading profits directly but seriously, you are missing out a really exciting world! Plus, knowing what is going on now in the market will help you determine the general course of the entire industry And that is something everyone wishes to achieve!
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Be thirsty for knowledge. Blockchain technology and crypto trade are new spheres when compared to mainstream industries and much is in development right now. Knowing more will increase your success chances, build up your trading portfolio but also the quality of analysis you do on daily basis. Investigate things that have nothing to do with trading but can help you understand the market better. Each day there are exciting discoveries that can change the face of the crypto world drastically. Understanding them will help you develop your own strategy, design more effective analysis, and generally improve your trading skills. PS: For trade-only education, visit our website, https://www.cryptocointrade.com. You may find an interesting thing or two while reading our articles. And it is completely for free, so no losses on anyone's side
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We made reviews about popular apps and bots that can make your trading life easier. Read them to get an idea what they are for but careful with handling them - you still need to use your intuition and knowledge for them to really benefit you in crypto trade! https://www.cryptocointrade.com/about-trading/crypto-trading-apps/https://www.cryptocointrade.com/about-trading/crypto-trading-bots/Traders should understand that the tools are there to be used and manipulated. If you leave an AI to do the job in your stead, you are bound to lose - and a lot as well. Apps and bots are wonderful for automatizing your activities and can help you gather data efficiently and very fast. But they cannot trade instead of you. Insights within a market like cryptocurrencies require human interaction, psychology, and understanding why people behave the way they do! Am I understand correctly that the usage of such an app requires API connection. So, the bot will have control over buying and selling? If you apply the bot with all following functions, then yes, you can set it up for buying, selling and transferring assets/funds around. You still hold control as you need to program it on periods and situations when these transfers should occur.
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Bots are made to make our trading life gets easy but don't just fully depend on them because you're still the one who's responsible for your trading and obviously you have your brains and bot doesn't have one, unless it's a vice versa.
By the way, the article in OP seems having a trouble. It keeps on " page was not found ", please fix
Missed that, thanks a lot! Using bot blindly will always get you in trouble. No matter how advanced, a human factor needs to be taken into account. There is no tool that can do everything for you. If it did, we would never see it, as organizations would use them for their own needs
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We made reviews about popular apps and bots that can make your trading life easier. Read them to get an idea what they are for but careful with handling them - you still need to use your intuition and knowledge for them to really benefit you in crypto trade! https://www.cryptocointrade.com/about-trading/crypto-trading-apps/https://www.cryptocointrade.com/about-trading/crypto-trading-bots/Traders should understand that the tools are there to be used and manipulated. If you leave an AI to do the job in your stead, you are bound to lose - and a lot as well. Apps and bots are wonderful for automatizing your activities and can help you gather data efficiently and very fast. But they cannot trade instead of you. Insights within a market like cryptocurrencies require human interaction, psychology, and understanding why people behave the way they do!
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Social media is a good source for learning on how to use strategies and at what time. Just keep in mind that many traders offer their advice for a particular situation in a particular time. You should design your own tactics, at your own pace. There is no guarantee that everything you see in these guides will work out for you the same way it did for posters. Keep learning, trade, and draw your own conclusions. https://www.cryptocointrade.comI had not met any "professional trader" whose forecasts published on social medias were successful in 60% of times. Unfortunately, it seems that half of advices are not applicable in many situations while the other half, as many here mentioned, are made by those that do not know much about trading, apart from creating click-bait content. Which is sad really, especially for an industry as volatile as cryptocurrencies.
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