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People having different approach to the world mostly are successful,Crypto is not legal in my country and even my friends circle dont like crypto but i am in cryptowrld because i want to make difference.I learnt lot of things from this forum and crypto,Before part of crypto i was just spender but crypto taught me how to invest and learn how to HODL with patience.
Crypto encourage the freedom and i love to live with freedom,Either freedom of work or freedom in financial term the crypto is best medium to build own empire.
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Chines year mostly found positive for crypto market,2020 already started but the Chinese year going to start in few days and it is expected most crypto will rise specially BTC,After 2018 BTC mining farms number raised in the china and mostly whales are mining farms so 2020 is going amazing lets see the price of BTC how affected by the new year of china.
We all learn from these events and note that how they impact the market and trade that in future behave with market accordingly.
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So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.
What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
Yes it leave bad impact on cryptomarket,Scam projects actually discourage the new comers who want to invest or trade in cryptomarket. Another side a new bounty hunter came for to earn money for survival but didn't got anything at the end just his r her energy and time wasted. It will leave bad impression to new bounty hunter and discourage him to work more for the bounties. |
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Going short or long has got me so much money but at the same time, it makes me too bold.
Now what?
Stop doing it? or Start diversified investment in Stock?
or Not at all?
You lose in little but earn for life are skills and boldness is step to the success.If i would be there then divide money some part for continue trading and some invest in staking just earn money for holding coins. Diversification is necessary t minimize the risk of loss,its not a investment suggestion personal deep research is required before to invest in staking,self motivation is necessary than others opinion. |
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Worthy suggestion even i learn many things from the content,I want to share that the susses come with knowledge,commitment and consistency. There is no hard and fast rule fr the traders but learning from he past experience and market awareness bring more confidence in trade.
Successful traders spend more time on technical analysis and they put money on trade which afford to lose. They believe in their research and dont believe in rumors. Successful traders learn from loses and move one rather stop to do nothing but they only focus on goals.
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I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
Scammers and scam projects is main problem in cryptoworld,It will take a long time to stop the scammers but can minimize on immediate basis.Actually its a responsbility of all crypto community members to highlight the scams and if find share with circle that maximum people avoid it. There should be seminars,get to gathers to create awareness about the crypto scams,Specially ICO projects badly affected due to some scammers.If a legit company came with new project must create awareness to the people through social media and arrange seminars that avoid the scams and if anyone who try to scam with you must report,These kind of efforts will bring positive results. |
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Every crypto Enthusiasts eye n halving and excited to see where it is going to be,There are many predictions about the price of BTC but now it become suspense what will be the price of BTC after halving.
Overall positive approach for the halving and mostly seen that the popular blogs are in favor of halving and claimed that price of BTC will rise and also will maintain for long,so lets see what happens just wait with patience and focus on goals.
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For me BTC is more worthy than the real state,Realestate price increase in years and you have to wait for it and later some years the inflation rate also rises so that profit is no fruitful.Bitcoin price rise in seconds and days if you trade it will gate more than real state in limited time.
If going to HODL BTC for long run is also a good decision,make sure HODL with legit platform and the keys should b e secure also active 2FA in account t secure the assets for long run,when meet the target price just cash out.
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In my opinion Bitcoin will survive long and will lead the all cryptocoins.BTC is pioneer and still leading since a decade,the adoption of the BTC increasing day by day.BTC connect the global traders and investors and make payment easily without any bank or third party.
Bitcin can be gloablacurrency if the government will think serious about BTC and lk the positive side of BTC.The main strength of BTC is decentralized and n one can control it just growing day by day so government should legalize it that common people take benefit from it.
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Expert traders are icons of platform where they checked and followers follow their strategies and guidelines.If they show huge losses to public they are no more expert traders and its true they hide actual losses just show normal loses.
Loss is also part of trading there in any trader who always win,But the expert traders always minimize the losses by using tools like stop loss limit and again come with new strategies to recover the losses.
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Cryptocuurency is big innovation of last decade which just was in news that its a scam but after 2017 when BTC hit above 15k crypto captured the eyes of the world,got more popularity and investors increased and the volume of crypto market also increased.
I am sure that one day crypto will be future currency like BTC,ETHER,BCH and XRP will survive in long run.Now main problem which crypto facing is the legality once government realized and legalize the crypto it will be commonly used and accepts of every one.
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High risk high profit,But this can be applied fr those who deeply know abut the crypt market and the trading techniques.A new comer putting whole money on risk and expecting get high profit and if he lose all it will be hard for him to recover again or collect that amount again.
Big whales risk their amount t change the game and its true they get maximum benefit from the market,Big results also possible to get for a normal trader trading with low capital because of consistency and expertise.
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Real facts every investor should keep in mind before investing in the crypto or other financial market.Further i add here never invest in any business you unaware about it,Knowledge is is basic requirement t be a rational investor.
Avoid put all money at one coin or platform the diversification is must in investment to avid the risk f loss,In case If one side you lose money another side coins will recover the lost money,choose cins wisely having potential t grow more in the future.
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Good intention you have,Yes before start trading there is need to learn about the trading. Bitcointalk is best platform to learn here many professional traders are active and share their experience time to time.Social platforms and brokers education section is also helpful to learn abut the trading.
Trading needs main three skills,Psychological strong,Technical skills and money management,Being successful trader improve in these areas and will get positive results.Good trader is god selector so select assets and platform having future potential.
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Not agreed,If you research it thoroughly will find BTC is decentralized and independent no one can control it.Frauds and scam everywhere even government is fail to stop the frauds but can minimize the frauds.
Bitcoin future is bright,still government and financial institutions against the BTC but rising rapidly and people switch to get in BTC. Main reason to get in BTC is financial freedom and its users are globally connected and make transaction independently.
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There are certain reasons why alt-coins not growing,Actually the scam projects increased and investors even avid to invest in real projects and the existing projects fail to make promised development.People who invested in ICO projects of 2018 still they looking fr listing f coin and if some listed having value like zero.Most popular altcoins still fail to capture more investors because no expected return and development with new features.
It may be possible in near future the popular altcoin will it to moon,For me it is better to invest in existing popular altcoins rather the new ico projects.
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Every Technology have pros and cons and cryptocurrency have also,Cryptocurrency major hurdle in legality use of illegal activities. Fiat money also used in the illegal purpose like money laundering but government fail to completely stop the money laundering.
Cryptocurrency also can be traced and the illegal transactions can be minimized,New innovation are in pipe line to track the crypto transactions and if government legalize the crypto it will be more easy to discourage the illegal activities of crypto.
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No doubt Bitcoin is bigger and getting more adoption,Investors,traders make passive income from BTC and the main benefit of Bitcoin is freedom and no more paper work.People appreciate and get attract from a platform where feel comfort and earn passively in limited time.
Bitcoin possess all qualities so this is reason more traffic to BTC and demand of BTC is also increasing day by day,expected halving precious event for BTC and it will bring more positive changes in BTC market.
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If we take a look t past centuries and the financial history it is declared that people use barter system for medium of exchange the silver and gold coins took place and dominant in financial market for years then paper money came in existence and still surviving.
While many other technologies changes and modern invitations,People change and want to fast payment system beyond the boundaries without any involvement of third party and it made possible by cryptocurrency and the popularity of cryptocurrency shows that crypto will replace the fiat.
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Trading is another name of patience and the successful trades are no doubt confident because they have grip on it and knowledge,enough experience abut the market,But without knowledge taking risk and confidence is just gambling.
Professional traders spend more time n analysis and after surety confidently put trade then never believe in any rumor,Here we talk abut excessive confidence so it may sometime become risky and some trader face the losses at the end. Confidence with knowledge bring
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