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Some exchange do not require it as long as you are going to obey all their policy since you are anonymous to them and there are just limits for sure. Some exchange requires KYC procedure, obviously to track their user and its personal history like committed crime or whatsoever so they can refuse or accept the user.
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Pre ICO will provide an opportunity to be able to buy coins much cheaper, so this is something we can use.
But keep in mind that there are currently a lot of projects that have very little success.
so do the calculation correctly, mistakes in investing will only make ourselves experience a nightmare.
COin and developers will greatly influence how a coin can develop.
Opporturnity is huge while on pre-ico stage but there is also a huge risk of the project to fail sincr it is just a pre- stage and uncertain. But if ever that the project succeeds you'll benefit from it more and profit os double or even triple compared to public sale investor. |
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~snipped~
Most peoples are trying to sell at higher prices, probably in 2020 because of halving. BUT, like you said it's much better to buy at low prices especially right now. Those peoples are just waiting for miracles at 2020 are definitely don't know what's going on that day. Yes, the coming bitcoin halving can probably make the market hype again on 2020 and theres a lot of speculation that every one needs to have a single bit. Holding is the best option to do now as it there are huge chances of getting huge bounce on 2020 because of price chart halving history. |
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I don’t know who would actually make the switch. Bitcoin is similar to gold in many ways, only it’s much more convenient and because of its decentralisation it’s an amazing inflation hedge (as some already said). Store of value and liquidity is not an issue for bitcoin.
I do think so, bitcoin is just similar to gold because it is valuable now but what if time willl come that it will be just priced as a hundred dollars ? Gold has so much more option not just bars. Hence, bitcoin contains high volatility that will make the asset uncertain and unstable. |
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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. right, we just have to be reasonable. if we can not defince what ICO is scam or not 100% then we definitely can understand what guy contacts us in telegram, forum, etc. just be adequate and reasonable That is why Security Token Offering are going to replace the ICO stage of the project and that would lead to gather most of the investor out there and will even reach in some industry like real estate and private companies. What do we need to do now is to support the STO stage of the projects to avoid soft-capitalization and will make the project even bigger. |
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With blockchain data can be stored in a decentralized public book.
With cryptocurrency, we can make anonymous transactions without centralized intervention.
If you add speed and spread to the public, then the future is cryptocurrency.
How do you think?
The cryptocurrency can have a great future, but only on condition that there will be more stable coins, as well as all the main coins will get rid of such a large volatility, and of course without the help of the authorities can not do Not only it has a great future ahead but it will invade the different industry and businesses. Stable coins is just for adoption and company coins, it will benefit no one to the market especially the trader, so instead of creating stable coins why not a less volatile coin so trader and businesses will both adopt it ? |
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I did try trading on a small budget when I started and also realized it's a waste. This is only advisable if you want to practice and gain experience. Don't do this and expect some good profits
What do you think? you're going too far from small investment? Small capital is just for trading, don't be fool with crypto advertisements online that says you're going to make a double so you as a beginner you're going to try then you'll just lose because you know less. You really must not do that, gain experience first and have some readings. |
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85% of all Bitcoins will have already be mined by the time of the halving. How do you think Bitcoins 2020 halving will affect its price?
Of course it will affect the price. Miners will have less bitcoin to sell, so by the economic law of supply and demand, it will in theory, increase the price. As the supply is now lower Not necessary. Supply and demand forms a price. And this is not about the general supply of the coin but about the supply on the specific market (e.g. exchange). Way bigger role plays the amount of HODLers on the market. You may expect a fast pump but some FUD may happen and despite the lower general supply BTC rate could drop. Nice point, that 2020 halving will not affect the price greatly but surely it will affect in huge manner if and only if the current supply of bitcoin is near full or fully accommodated. It's total supply will going to rise and the price will depend on the investor and users. |
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This is my own analogy on Trading is like sex. When we do trade we are going to time it perfectly to pull out or withdraw from the market. Now if you are not satisfied with the results of your trade you can just try it again and again however this gives an boredom factor on which sometimes we just hold it until such time to try it again.
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Hello, I would like to ask you about STOs. It means that STO is regulated and has a license to run a token sale, am I correct? And all STOs are giving passive income to token holders or not? I have heard about these two big STOs BoltonCoin and FABA and both STOs are suspected as a scam, have you heard about that? And my last question how something that is regulated could be a scam..?  Thanks! I also have the same question, if they are going to scam people, they will go straight to jail because they are given license because they are legit, if these coins are reported scam and they claimed they are STO then they are either lying that they are STO or they want to go straight to the jail. All in all if they want to scam they should choose wisely over money and hide or be in jail. I guess STO will not be going a scam anymore since the funds are going to be in tangible assets like land and buildings but i dont know if that would be on government's cover but i guess its not. However, STO is a lot better than ICO. |
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Trading is all about self-discipline and focus.Ge trid of bad habits,don't eat junk food,sleep 8 hours every nights.This will help you "clean" your mind and stay optimised and concentrated 100%.It will help you gain willpower and motivation.Never get addcited into crypto trading.Just think of it as it is your 9/5 job that you actually enjoy working.
But crypto trading is like gamling so we are going to get addicted more for it as long as we are motivated on it,and we can't consider it as our 9 to 5 job because in job we are not going to face any risk if we are doing work or not it is not going to give any direct results because we are working for someone but crypto trading is like business so if we face any loss our mind will work hard to make profits for the losses that is how it keeps continuing. On my own opinion, yes, trading is technically a gambling because you have the money and will and chances of winning and losing literally a gambling process. Somehow it is business, same rythm as gambling there is a chance of winning and losing but with deep knowledge to the market you can make huge difference. |
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If there's a coin that I want to pump hard in the near future then it will be Electroneum (ETN) because that's the only alt I have and trusted so much. But actually I'm no longer looking forward into this in order to avoid further disappointments and frustration. which do you think should grow in the near future?  I think XRP will grow bigger since it already proved us that it can beat eth. I also go for Bitcoin Cash. I hope so that XRP will pump hard this year as i am holding it also rather than bitcoin, ethereum and EOS. If you will look to XRP charts and price movements there is really a significant increase every year that is not present on other coins. I guess XRP will hit more than a dollar again this year, what do you think ? |
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The problem is that KYC is not always done properly or securely. Uploading your full ID to a random company who often have not even done the KYC themselves is a huge risk and not one worth taking
I already did some KYC procedures and It is really annoying to send your credentials to people especially you don't personally know just to have the profit for bounty hunter and to invest on part of investors. Make sure to send your credentials to reputable projects, research their team if they have history of accusations or something illegal so you'll know and be comfortable when KYCing. |
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To sum it up:
-you'll buy altcoins in an exchange
-set target (10-20%). For me, it isn't just small target profit.
-hold and wait it until it reached your target.
There is no need to wait until the end of the year
Not all year ends are bull trend. What is the use of the target profit if you will wait for dec? You can sell your hold coins immediately, even for a month if it reached 10% profit.
Its more on a target price, and its good to always secure profit than to be more greedy. There is no excuse as an inexperienced trader because we started like this before, and we should continue to learn. Being greedy in trading will just result to a bad prices, always have your strategies. What i've notice on some beginner is that they always wait for the bull run or hype market to have huge profit not knowing that they could have it almost every day. Target price is the time to sell off your desired coin however there are times that before target price reach you need to sell it in order to avoid the price decline of the certain coin. |
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Everyone in crypto is make trade and will be trader, if you newbie you can learn and find information how to trade. Invest, buy and sell all of that relates to trade.
well, if you really want to experience this, of course you have to start. however, if you have great doubts about this, it's better to avoid it. we know that trading has a considerable risk for a newbie, even a pro. They should experience trading if they want to engage with the market challenges in order to make profits and have experiences also. Newbie should expose themselves on the market to gain knowledge and experiences to be an effective trader not just those who knows how to click buy and sell. |
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The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
In investment, patience is an important factor. In an unstable market, you need to be consistent between buying and selling. Don't invest a large amount of money that you don't want it to lose, when coins fall in price. You will be emotionally manipulated and selling coins leads to capital losses. Invest some money in ability. In my opinion, to make a big profit and to avoid unnecessary losses, we need to have a strict financial management plan. At that time, you will not need to worry about the portfolio. Patience is the key here if you want a successful journey in a market that contains high volatility rate. Losing i guess is inevitable especially when you are emotionally weak and do have poor response on the market events. |
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I suppose it's not the right time to invest. To be followed regularly for a while to be done. After that, it's going very smoothly.
I'm trying to save some cash right now and waiting for the right time to invest in markets- Not necessarily limited to crypto. Saving your cash ? iy might double up when you hold some coins in the market now and sell in the right time don't just let it sleep on your savings account.Maybe the market is on a decline, but as you btose on history it will recover by the mid year and the market will be hype again. |
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If you want to learn trade, try to daily trading, you will get a lot of knowledge in daily trading because you have to keep an eye on market fluctuations so that you can know the price developments. Choose the top 10 coins in the coinmarketcap, this is a coin that has good development and you will be easy to be able to make a profit rather than you choosing uncertain coins. The most important thing is that you can control your emotions and keep learning because at each situation the fluctuations will be different so it is necessary to learn. If you only want to hold a choice of coins such as bitcoin and ethereum, this is more profitable for the long term.
I also advice day trading on some newbies eventhough its kinda tough and hard to do but they will going to learn easily although they can lose easily as long as they will gain a experience and keep an eye on the market to know the fundamentals is enough to learn. |
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I am relatively new with regard to bitcoin but what I have noticed is that a lot of people just invest on it and then cash in when they feel like it is already enough to make a profit. I do not think that this will not be great in the long run because of it being unstable. So what can be done to make it stable?
The only possible thing to make bitcoin stable is by making bitcoin legalize by the government as a currency. But i think it will take a long enough time before the government will start to approve that because until now there are still countries who banned bitcoin. Mass adoption is one of the way in which Bitcoin can be stable but on the contrary to your submission, legalisation by the government may have advantage and disadvantages on Bitcoin and crypto currency in general. We are just going to make it less volatile in the future once we mined it all. There is no stabilization on this kind of industry, what you are saying is lessening of volatility due to accumulation of all supply. Government has nothing to do with cryptocurrency as it is decentralized, what they can implement is rules for traders and exchanges. |
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Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear...  It's still just sitting there and it is way below my target price. DO you just sell that thing and start over? DO you hold on and just... wait??? Uh for me i'll hold it since you said you are aiming for a single percent of profit then you must hold. You have the target price and if you can't pull it out with 1% then hold it a little while. You should try another coin to trade while holding the one that got stuck for a higher chance of getting a profit. |
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