 Show Posts
|
|
Pages: « 1 [2] 3 »
|
I think that financial services on blockchain will be useful for business. But it is necessary to populate the blockchain technology among the business.
Decentralize blockchain is secure technology and it is cheaper then bank services and financial companies can count money. Many companies now study the opportunities and advantages of blockchain technology but not all the companies use the blockchain technology in real life. If blockchain products really will be more secure and more cheaper than traditional financial services financial companies will use blockchain technology. I have no doubt that there will be, convenience for customers is a priority, blockchain is what we will come to soon, gradually adapt to already beginning changes. |
|
|
|
Volatility can give the trader a daily profit if he knows how to forecast carefully and this attracts everyone.
Predicting the market is pointless if you are not a whale. Experienced traders do not predict prices. For proper, successful trading, they study the market, create a trading system based on research, and trade in accordance with the rules of this system. Forecasting exists, so to speak, at the stage of creating a trading system. Depending on what tactics you apply and adhere to the rules, you can talk differently about cryptocurrencies, the market is determined by volatility, high risk for everyone and uncertain profitability. |
|
|
|
Projects related to cryptocurrency affect many aspects of life, so everyone can find something for themselves.
Unfortunately, most of these projects are far-fetched and will never be implemented. If we consider scam projects, it turns out that there are not as many real crypto projects as it seems. Blockchain is not always convenient to use. Soon, many will understand this. With crypto projects, not everything is perfect, of course there are those that are being realized and will benefit humanity, the future is behind the blockchain. There is a real dilemma, all projects are useful and have the right to success, in reality only half will be able to raise money and work further, in the end only a part is useful and in demand. The industry is interesting and definitely unstable, startups in the field of Blockchain technologies have become at their peak of popularity, they have potential, they will expand significantly in the future. |
|
|
|
Maybe it is so. However, people learn from examples. They have nothing to take as a basis. Investment theory is poorly structured. There is no theoretical basis for crypto at all.
In this case, only your own experience will be the best teacher. This happens when something new and unexplored appears, cryptocurrency and working with them is a new direction, we need skills, experience to at least understand how it works. In cryptoindustry, you have to become a teacher yourself, gradually gather information, study the market, if you don’t succeed the first time, it’s better not to panic and not go to extremes. Yes, it is still at a very early stage, now there is a lot of interest and little knowledge in cryptocurrency, you can not invest in something that you do not understand. To get around the rest and earn as much as possible by investing in cryptocurrencies, you need a basis for the strategies obtained over the years, if you do not rely on luck, there is no other way. |
|
|
|
Cryptocurrency is very unstable and volatility. That is why so many mistakes.
Yes, instability makes it harder to play here. However, volatility provides great opportunities. Such volatility is rare in the stock market; It is also possible to be an investor or trader with a much larger minimum amount. In the cryptocurrency market there is almost no minimum amount to participate in the market. Volatility can give the trader a daily profit if he knows how to forecast carefully and this attracts everyone. Experienced traders find it easier to profit from any movement of the market, in any case they avoid mistakes, it’s a pity they don’t give advice to newcomers on the crypto market. |
|
|
|
The most important thing is not only idea but the realization of idea. The team of startup must be able to realize the idea.
Nobody needs to implement a bad idea, and vice versa, but combining together, the success of a startup depends on the idea and product. That's right, to develop the idea and launch the finished product are the actions that investors expect from the project without any delays. |
|
|
|
But investors to be successful must to predict the potencial of cryptocurrency startups.
The task is not simple, given that too many factors affect the implementation, believe me, even experienced investors cannot fully unlock the potential of a startup. Of course, investors have to study projects and choose the most promising for them, someone uses the ratings of experts, which saves a lot of time. Who else trusts the rating of experts? It is easier to study and decide whether there is potential, but what the investor is clearly unable to predict in the future is the realization of the project. |
|
|
|
Now many cryptocurrency startups try to make a safety wallets and safety exchanges. And one of such company is Optherium.
And this is also the path to centralization. Only independent miners, users and decentralized exchanges can support true cryptocurrency. The time has come to increase the trust of users and if they manage to cover and take into account all the security issues in order to do this qualitatively. Startups are aware of what people want and focus their efforts on enhanced security, only time will show who can do it. From words to action, now it’s a promise to do something better and safer when there is an opportunity to check and see for yourself, only then the project will become popular. It may be useful to take into account the excitement and the need for such projects, this will determine the very potential and popularity. |
|
|
|
That is why safety is very important for cryptocurrency. Exchanges must be safe, wallets must be safe. Investors and traders must be sure that their crypto is keeped in safe.
Blockchain is developing and more good projects appear. But haw safe is exchange or wallet can show only the time. Cryptocurrency exchange may be four year safety and even regulated but on fifth year it can be hacked. There is no certainty that the safety of cryptocurrency will be 100% protected, different levels of protection are invented, only the exchanges are still not reliable. The important point is of course security, although hackers find ways to circumvent the protection and get someone else's cryptocurrency, the most attractive are exchanges with a lot of money. We all understand that many cryptocurrency exchanges were subjected to hacker attacks and hacking, in some cases, one exchange was subjected to hacking systematically. Interest is justified, it turns out, hacking the exchange will bring impressive money to hackers, it is more profitable than hacking into individual users' wallets. |
|
|
|
I think there is a very big risk to lost money on illegal market. That is why crytpocurrency have so bad reputation.
Once again: we ignore the risk of losing money when exchanging. In my experience, this risk is very big risk
, no - small. Of course, if you act carefully. People are frivolous and inattentive at first, and then blame the circumstances that they themselves have created. Cryptocurrency market is not secure. Hackers continuer to hack the exchanges. Today exchange Bitpoint was hacked and people lost $32 mln. After such news usually cryptocurrency market falls like now. Cryptocurrency market needs a good and secure exchanges. The news background is deteriorating due to hacking exchanges, according to the rules, all exchanges are obliged to provide security and compensate people for the damage. Many dissatisfied reviews are based on the lack of attention and the guilt of the people themselves, only possible risks that are beyond our control, are often underestimated, for example, unsafe or fraudulent actions of the exchanges. |
|
|
|
Government authorities regulate cryptocurrencies and cryptocurrency exchanges. That is why KYC procedures are obligatory that government authorities can control everything.
I did not see a direct relations between regulation and KYC. As a rule, scammers from investors require KYC to the collect data; nowhere is there an explanation for collecting data about investors. The state always wants to control monetary movements, only KYC on the cryptocurrency market looks meaningless at the moment. |
|
|
|
It all depends on the price of cryptocurrency and market development. If the price of the cryptocurrency will grow, then any time is suitable for ICO.
Until now, this is "any time" happened in the autumn, a year after halving. Bitcoin was the main factor. Perhaps this will happen next time. Many believe that if the project does not focus on the mood and movement of the market, ICO will be useless. This once again proves how appropriate it is to have an action strategy to show your strength and wait for the right moment in the development of the market. |
|
|
|
Initially, ICO was designed in order to get money for development and promotion. Now, to get money for development, they need money  . How interesting the world is changing. It turns out something like this, money is always needed, the team of specialists will not work for free. A promising idea has no chance of being realized without money and ICO will give a positive result in spite of additional expenses if the investor is imbued with trust in the project. During the ICO, it will be clear how investors evaluate the prospects of the project and its future, only the result may not be there, only wasted time and energy. |
|
|
|
[cut out]
If people will see profit they will invest even in summer and nothing can stop them. Do you remember the situation of December 2017. People forgot about New Year and continued to buy crypto.
Now people became much more experience that they were in December of 2017. But the expectations of the future profit will not stop even summer. Although only the beginning, but there is a fact: summer stops them. I do not think that summer stops them, this is not a fact, a temporary lull may come at any moment. |
|
|
|
Now crypto falls again but investition activity rise and more ICO and IEO appears.
Really? Are there sources with frequently updated data on investor activity in the cryptocurrency market? For example you can read this https://[Suspicious link removed]day/btc-eth-xrp-price-prediction-the-nearest-support-and-resistance-levels But I think that best source is https://coinmarketcap.com/The sources you cited do not explain anything about this. The increase in the volume of transactions can only partially speak about investor activity. New ICOs always appear, but in summer they are fewer than ever. And this is influenced by the distrust of investors and the futility of launching ICO. I think that the growth of new IEOs will be closer to the end of the summer due to low business activity in the summer. Yes, new ICOs appear, but as it was noted earlier, the activity of investors has slightly decreased, now the projects already launched are in priority. |
|
|
|
If an investor is inexperienced, but rather cautious and competent, then he will be able to use the mistakes of others, now not naive people come to the cryptoindustry, but informationally familiar people.
When the price of cryptocurrencies rises and people expect further profits that they are afraid to miss, they forget about caution Right. FOMO will attract many new people who have not previously engaged in investments. The lack of experience and understanding of the principles of cryptocurrency security will cause many people to make mistakes. Although, I hope, there will be fewer mistakes than in 2017. Scammers are also developing, perhaps the scheme will be more sophisticated and it will be difficult to determine whether the project is a Scam. The expectation of future profits makes people forget about the attentiveness and careful testing of startups. The scammers clearly will not leave the market, no one will interfere with the creation of fake projects, difficulties can be overcome by conducting their own analysis. |
|
|
|
Cryptocurrency is developing. A lot of good projects appear. Investors became much more experience.
And on the new hype many new projects , inexperienced investors and new scammers will come. That's new cycle. I agree with you but only partly. Many investors have already drawn conclusions from the situation of 2017 and will study the projects and what they offer more closely. I think there will be less scams or they will be more disguised. The emergence of fraudulent projects will surely be repeated, and inexperienced investors will come across them in order to gain experience and develop further in the search for good projects. |
|
|
|
....................................
Many analysts have said that Bitcoin will not trade above 5,000 this year. But we already see a price of 8000 and apparently it will only grow. So that until the next maximum is not long.
Bitcoin is no longer growing. Consolidation at the level of 8K pleases many. At the same time, it should be remembered that a way out of consolidation can be not only in the continuation of the uptrend. Now Bitcoin is growing about 50% a month. It is a very big grows. I think soon Bitcoin will be more than 8000$. no. i dont think bitcoin will be easily getting more than 8000$, but soon as the bitcoin wont dropped again to below 6000$. Now Bitcoin grows very quicky. Now it is more than 8700. It is possible that in will fall because of correction of the price but I do not think that the fall will be too much. It is still too early to talk about the correction and the fall in the price, Bitcoin will still show growth and fix at a price of more than 9000 dollars. |
|
|
|
Crypto-currency markets are more accessible for traders, there are no such restrictions as in the stock market
Yes, in the cryptocurrency market, a trader has the opportunity not to provide personal data; the trader has the ability to trade around the clock, withdraw their assets at any time. But most assets do not have liquidity; from crypto to cash withdrawal is expensive, since the crypto-infrastructure is not yet developed. See directly it is impossible for us to convert them into cash, for that, a cryptocurrency needs to get approvals from the government sectors. But we can easily convert them to other cryptocurrencies and we have to find the other sources in order to convert them to the fiat currency. I don’t see anything difficult to exchange cryptocurrencies for fiat. There are many legal schemes for this. It is not very difficult but it is rather expensive. If price for crypto rise you do not feel it. But when price for crypto falls you start to understand how big is commissions. There are plenty of ways to exchange cryptocurrency for Fiat, even a beginner can figure it out, the commission can be different and depends on the withdrawal method. |
|
|
|
Yes, the same statements were two years ago. However, there is still no mass adoption.
I think that from 2017 the blockchain technology develops a lot and becomes much more better that it was in 2017. Some good projects appear. Of course, blockchain is a revolutionary technology, as compared with 2017, the progress is obvious. |
|
|
|
|
