I think to be succesful trader we don't nees to be educated trader, because the main thing on trading that you need is experience. You must believe on your trading experience, in trading the lucky also needed, but if you have done all of your effort then you just need to wait for lucky. Educated trader not certainly always gain profit.
Experience is important no doubt, but we also cannot ignore the importance of education for a successful trader, specially education that is related to your profession. Education make you broad minded, It increase your capability and help you in capacity building. I think education can play an important role in trading. I agree with you that education is important in trading. But education means mostly a using of technical analysis which is almost useless on the highly manipulated crypto exchange markets. Who can teach the trader to read and correctly analyze the news? Only himself. In my opinion, the successful trader must be involved to the crypto currency world and be acquired about the current situation in the world politics and economics that impact on the prices of coins. Education is important to avoid a gross well known mistakes in trading.
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I guess your country is Bangladesh or India. In these circumstances the crypto exchange markets will go away into the dark internet. You can to use VPN, TOR or other anonymizers to make a transactions. To be honest, it is difficult to ban the crypto currencies from the technical side. The government of your country don't know how to control this market, and they did a mistake, I think.
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I don't agree with you, that it is important. The market is cruel, and for that constant rise is unbelievable. But i think good words about constant rise of Bitcoin. If that way every one, who invest had earn money, but don't forget, that it is a market.
Aside from the fact that it's quite impossible, the market's up and down keeps it healthy. I think eventually btc will lose value and it'll really be a bubble waiting to pop for good if it does't fluctuate. Of course it's important to rise so people can take profit but it goes both ways Yes, the traders won't be glad if the price of Bitcoin will rise constantly (and slowly). The volatility of the crypto exchange markets attracts such people who want to invest in a risky asset. A constant rise is not important. In this case some large investors should constantly lift up the supply level of Bitcoin. It is almost impossible. If some crypto currency will crash, it is a good opportunity to buy the dip.
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In my opinion, every crypto currency should be managed by the government of a country. They impose taxes and regulations, and it is better than banning. The benefits of managing Bitcoin is a wide adoption in the world. This crypto currency is pretty transparent and almost all transactions can be tracked, therefore no any impedance to involve the crypto currencies into the real economics.
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There are many factors due to which an individual is scared to invest in Bitcoin - volatility- The high volatility causes huge price fluctuations due to which people are scared in investing into BTC
- Legalisation- Bitcoin is not yet legalized in many countries which make people step back from investing into BTC
People are reclined to invest in Bitcoin when its price is growing and thus they usually buy the crypto currency on the high levels. After that the large investors dump their coins, therefore an ordinary holders sustain losses. It doesn't matter whether Bitcoin is legalized in all over the world or not, because people want to buy Bitcoin for a fiat currency of the country they live in. I can't call this factor a scare. It is just an being careful of avoiding a potential losses.
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Баунти-менеджер, Вы мне не засчитали стейки за предыдущую неделю 09.06.2018 - 15.06.2018, хотя все условия с моей стороны были выполнены. Начиная с субботы 09.06.2018 00:12:45 UTC по среду 13.06.2018 07:37:51 UTC мной написан 21 пост в разрешённых разделах. Замечу, что я пишу и рекламирую проект в основном в английской ветке форума. Прошу начислить стейки.
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I know that there are merit sources here that gets sMerits a month and they are supposed to give an "x" amount of merit if they find a post/topic informative or good, but these merit sources are only few and I'm not sure if they can handle all of the posts here.
The merit sources decide to give merits to other users, then these users decide whom they will give their own merits. Any user having sMerit can give your a merit, not only the merit sources. Therefore no need to beg from the merit sources to evaluate your post. I saw the threads where some users ask about undervalued worthy post in order to give them a merit. Try to find these threads.
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I think Ethereum is undervalued as much as NEO. Just looking what projects ate launching their token on either of these two platforms should tell you that the current price does not match the fundamentals
You reminded about NEO. Yes, the price of this crypto currency has already returned to $38. I don't think that this coin is undervalued, because the developers didn't conduct many successful ICO campaigns on the blockchain of NEO during a half year. What I can say about Ethereum. I guess its lowest support level is $300. This price was in autumn 2017 before the skyrocketing to $1500. Now ETH costs $500. It is an average price. I assume that ETH can go down to $450 in the future.
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Don't worry about the miners. The mining pools will get their profits in any case. Currently Bitcoin is on the low local levels indeed, and if the price will go down to $6000, many people will buy BTC. It is not a dangerous area, it is a support area. Probably now the good time to buy or re-buy some coins.
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An idea of concept struck me to narrow my portfolio, why? I think the concept of moving coins/tokens which may be low or non performers into the obvious Bitcoin, Ethereum, Litecoin and Monero reliables.
Has anyone done this already?
A few weeks ago the price of Monero was decreased drastically, so I guess this crypto currency is currently attractive for investing in it. It is the most anonymous coin and its mining algorithm is resistant to ASICs, and undoubtedly XMR will be demanded, but don't forget that this crypto currency has a big pre-mine. Bitcoin, Ethereum, Litecoin is a good coins in your investment portfolio, but I don't expect any significant rise of them in the near future. Also I advice you to buy EOS and Binance coin. I think they are a promising crypto currencies too.
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Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?
All of us need to learn a basic economics. For example, when you look at the CoinMarketCap chart, you see the current prices of a crypto currencies. Why do these coins cost so much money? Because of the balance of demand and supply. These words are the main terms of economics, and everybody who involved to the crypto currency world should know a basic concepts.
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In my opinion, no any significant rise or dump will happen on the crypto exchange markets in this August, because it is a time for vacations. I guess the large investors will not worry about the situation on the crypto exchange markets, and they will have a rest at some health resort without trading at all. I expect that the movement of the crypto currency prices will wake up in this September.
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Probably yes, now is a pretty good time to buy or re-buy Bitcoin. I don't expect that BTC will soar again up to $20K, but it can be pumped up to $10K. I guess the growing of the crypto currencies will be started after this summer. Currently the majority of investors are taking vacations and have a rest on the beach near a warm sea, therefore the trading won't be very active on the crypto exchange markets at these times.
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It's 1996, and we have 1000's of currencies.... That we don't need.
It's a game of musical chairs. We don't need 30 privacy coins. Maybe we just need 4 or 5.
Just don't invest in 30 coins. Buy 4 or 5 promising coins you want. Honestly saying, nobody knows, how many coins do we need now. This question is being solved by the crypto exchange markets in the real time. The most important thing to do if you're new to crypto is to ask these questions:
1. Does this coin solve a massive problem? 2. Is the team incredible? 3. Is there a decent following? 4. Has this coin been audited for security issues? 5. Was there a shady premine or other red flags?
I think the pre-mine doesn't matter a lot. For example, take a look at Ethereum. 72 million coins were pre-mined in the first block of its blockchain, but in spite of that this crypto currency is highly demanded by the people conducting an ICO campaigns.
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Команда FLOGmall выходит на новый уровень! Теперь мы покоряем своим умом и очарованием парламент Российской Федерации. Как Максим Телешев рука об руку с нашим партнером Артуром Липатовым выводили проект в новый свет - читайте ниже!
Радует креативный подход команды и внимание к юридическим вопросам. Чувствуется, что у проекта есть поддержка со стороны властей. А тем временем, сборы по ICO не останавливаются. Уже собрано 13500 ETH. Итого с Pre-ICO общая капитализация проекта достигла 18500 ETH. Вложилось 794 инвестора. До завершения кампании осталось 8 дней.
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Good work, topic starter! I wonder, where have you got the list of the BitcoinTalk users? Have you parsed the forum for that? As far as I know, there is no user names in the file "merit.txt.xz".
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Your prediction about the price of Ethereum is optimistic. Too optimistic, I think. During the last two days ETH has gone down from $600 to $500. Of course, this was a global falling of the entire crypto exchange market, but in comparing to Bitcoin, Ethereum shows more negative dynamics. I don't think that Ethereum will reach $2000 in this year.
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Of course, the crypto exchange markets can go down, and we are watching such behavior right now. It is normal, because these markets are volatile. You need to keep some amount of your money to buy or re-buy a promising crypto currency when the prices will be red. It is risky too, but such a way you can get a profit. I heard that some investors are already tired to hold their coins and want to sell all of their crypto currencies, because they need fiat money right now for personal reasons. In other words, the crypto exchange markets can fall deeper in this case.
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Yes, I guess the current levels deserve of be bought. Currently the crypto exchange markets are dumped (-10%), and somewhere here might be the local bottom. Some of the coins has been fallen more than the average market, and probably they will rise again in the near future. Bitcoin is more stable and is falling not so drastically (-5%), so I think it won't be bounced fast. Yes, BTC is below $7000 and you can start to buy or re-buy Bitcoin again.
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As we can see, now the global crypto exchange market is falling. The most of altcoins are underfoot into the deep levels (-10%), but Bitcoin is still resisting at the price $6600 (-5%). When the upstream trend will return to the crypto exchange markets? I guess, after this summer, but I don't give any accurate prediction for the long time.
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