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Actually when I first entered into cryptocurrencies market with a little bit knowledge, then my first trading platform only decentralized exchange forkdelta and etherflyer. Now my favourite trading platform only three centralized exchange, Binance, Kucoin and mxc .
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Of course forex trading is more profitable than all other trades but only those who have good knowledge about forex trading can benefit.Another important thing in Forex trading is that you must understand the signal well. Otherwise you may face a loss rather than a gain.
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You need to be careful before you take out a loan because you have to consider whether you can be successful in whatever you take out a loan for.Suppose you did not take a loan to invest but at the end of the day it turned out that you could not be successful in the case for which you took the loan.So how do you repay the loan, you have to go bankrupt.
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
Qualification or experience is more important than capital for trading Makes important contributions. If you have the right capital but no qualifications or previous experience, you are more likely to lose than gain in trading despite having capital. |
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I don't find any altcoins to replace Bitcoin. But cryptocurrencies market fully unstable and unconditional in nature and here anything could be possible. If you think dogecoin which already Moon and a well competitor of ripple.
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I buy bitcoin to get rich, and gold to save my money.
Bitcoin and gold two very favourite , but compared with two gold is more important than bitcoin because gold already acceptance throughout the world but Bitcoin not. All central researve bank allow gold as saving liquidities. |
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I first heard about bitcoin about 8 years ago (2013) but when i started my journey in cryptocurrencies market then Bitcoin price less the $ 500. But now bitcoin already crossed more than $62k ....
Very interesting . Bitcoin crossed all time high in running year 2021. When I entered in cryptocurrencies may be mid year of 2017 then Bitcoin price less than $4000 and I witnessed now more than $58000. |
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it all depends on your method of investing in cryptocurrency, because if you want to invest in the long term then choose bitcoin that is guaranteed for the future, because its supply is small and market demand is increasing, but if you invest like a trader then choose another coin alternative, which allows you to benefit in the short term
Actually Bitcoin investment Very profitable for long term periods.if you want to save some money for your future kids then you should invest Bitcoin for longer periods. |
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Altcoins sending fees more in trust wallet but myethereumwallet android apps transactions fees less than trust wallet. Safepal and imtoken wallet sending fees pretty less than others wallets.
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Apeswap and pancakeswap two both dex are very much popular but compared with two pancakeswap more popular than apeswap. Pancakeswap based on BSC plafrorm and it's transactions fees very low.
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Yes, at the moment this is one of several options to safe your funds
Yes mate in serious coronavirus pandemic situations it's very useful ways for researving cryptocurrencies safety without out of home. Profits in cryptocurrencies an effective way for passive income. |
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Billionaires have a big interest in cryptocurrencies recently, it is true. The thing what is not true is that they can own Bitcoin like their property etc. . How could they do such thing when it comes to a decentralized money system? Nobody owns it and won't be able to also.
Most of the millionaires and billionaires in the world showing their interest on cryptocurrencies. It seems to us that cryptocurrencies undergoing to billionaires but impossible because it fully decentralized mature. So all people can participate in cryptocurrencies. |
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Recently Ethereum price increasing more than bitcoin and binance coin because recently Ethereum network fees decreased and most of the traders again comeback on Ethereum network and Ethereum ERC 20 based assets. Very soon Ethereum price will hit $4000.
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If you have enough liquidities then you should invest in below listed altcoins which have Very possible profits.
Dogecoin
Solna
DIA Token
Cartesi
Wink
Student coin
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Definitely yes. But it is too early to make bitcoin the main currency.
Is it possible? Most of the countries in the world taking action against cryptocurrencies . China , ,india and russia already take action against who perform money laundering. I think bitcoin wouldn't be Global currency any more. |
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Though I am a supporter of cryptocurrencies but I interest in banking profits systems. Though banking interest lower than cryptocurrencies interest but lower risks. In cryptocurrencies interest profits high but you can think here risks far far more than banking system.
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I am from Indian subordinates countries where bitcoin fully prohibited and governments already declared Bitcoin as illegal. But people who use Bitcoin police seized them and put him jail. But I think if Bitcoin might be illegal worldwide (if pretty possible) then a huge amounts of money 💰 loss would be happened worldwide.
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Bitcoin haters come out immediately after the price starts going down at a high rate. But it's not only them of course. There are many people whose opinions change about Bitcoin very easily depending on its bad and good times.
When Bitcoin price starting to improve then all Bitcoin supporters promise bitcoin positively but when market crashing/crashed then supporters through a lots of negative comments. Just a common phenomena in cryptocurrencies market. It's only be done by foolish supporters because he should know that cryptocurrencies market always risky and price .ay undergone down or upward movement simultaneously but why they make negative comments towards Bitcoin. |
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Hey mate a lots of centralized and decentralized exchanges used for trading cryptocurrencies in Market through mobile phone wallets. Binance, Kucoin, mxc , Houbi Global, okx exchange, bithumb Global and kraken etc . You can undoubtedly use above all wallets by mobile phone devices.
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