Losses of money is happening whether the market is down or not. This would depend on how you manage money in this field of business mate.
Because, in my observation while the market was in declining period the people who loss money during in red market are those who don't have patience on waiting that's why they sell their coins even it is they didn't get any profit. Meaning losing of money most often happen when their emotions attack the feelings of individuals when doing trade in the market.
Technically we'll be losing for a few days if we have purchased bitcoin at high price, but it's an opportunity for those who need to buy at smaller value. Eventually it made you learned from that experience when you suddenly picked and decided at wrong point of view. |
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I think only time will tell which altcoins will survive and which will not. Maybe you are right and that only 10% of them will remain liquid. But I still think this will not happen soon, since the era of crypto-currencies is just emerging and all coins have a chance to take their leading position.
Yes, indeed, the crypto currency is almost just beginning and it is too early to say that the altcoins will not survive. In any case, a decent part of them is very efficient and has a perspective for growth and development. I do not think that only ten percent of the current altcoins will survive. There should be much more. Many ICO projects need a lot of time to earn at full power. The future is behind the altcoins. In my own perceptions, altcoins will not survive when at first it's not meeting the softcap of hardcap. As much as possible you'll be able to determine the actual walkthrough of your altcoins, and sometimes there's an instances that your holding couldn't survive be dead forever. Probably that's the main scenario to occur specially, when the community doesn't have any other improvement to push on their business platform. |
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With my previous experiences, hitbtc was just a right trading environment which has given me great opportunity during those time I traded those coins I shortly hold in my wallet. I had been doing some good times with other exchanges, but nothing beats what I had with hitbtc's journey. Their support was been true to the traders, since with the last concerns I had with them they refunded those unsuccessful network withdrawal I had, so it helped me decide to stay and trust their companionship.
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The progress of this project was so awesome, and in fact this coin was already added on my blockfolio because it's legitimately registered in the coinmarketcap website. With it's developing blockchain technology, technically this will become more popular as it's more visible to public worldwide. That's why most of the traders who happen to know the exact phase of this cryptocurrency, will become more interested with the community of this project.
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This seems to be the usual story... - Gambler doesn't read ToS - Gambler violates ToS - Gambling site bans accounts and/or freezes funds due to ToS violation - Gambler yells SCAM!!?! Bitsler are very clear: 14.1. Having more than 2 accounts is strictly forbidden(by person/IP/house/family).
14.2. Trying to buy, sell or give an account is FORBIDDEN.
14.3. Using the exchanger for other players is FORBIDDEN.
14.4. Getting an edge against the casino without any risks is FORBIDDEN. (e.g playing with faucet, winning from faucet then depositing to withdraw all the balance etc.) Only for earnings from faucets, we reserve the right not to authorize withdrawals.
14.5. Doing business on bitsler.com without any authorization from us is FORBIDDEN.(e.g selling accounts, selling cryptocurrencies, mixing coins, money laundering etc.)
14.6. We can block your faucet ability without any warning.
If you are found to be in violation of these rules, we reserve the right to block/close/mute the user’s account and invalidate any betting. At least Bitsler seems to be willing to return initial deposit amounts. A lot of sites will just ban the account(s) and confiscate all funds! If you've been doing good and following the rules of the site, then no reasons to be bothered against banning and confiscations of funds. I think bitsler was just doing what's legit on their end, so as part of their security purposes that any violations which will hinder or put the site to risk should be subjected to acquired penalty. |
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Personally I prefer margin trading on 2-3% of the whole money which I have in one trade. Also I always use stop loss and leverage not more than 5x. I like to open short positions in such way.
If we want to survive the current bear market, we shouldn't sell the remaining assets we had but instead prefer to hold those potential coins. Don't let it be sold to bearish price buyers, because they'll acquire the possibility to have the opportunity during bull run happens. Just stay calm and don't lose hope for the coins we had, and typically I didn't apply that stop loss and leverage because I based my trades at the current market trend. The preference of quick selling is my virtue and as long as the asset has low price I buy for it and sell at high after I hold for longer terms. |
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They should actually spend more time learning the market before entering the trading sector. They should learn how the market moves daily, the trading pattern, the usual rise and fall. They should also keep in mind that the pattern are not always followed, and should keep them selves ready for any unexpected blow. Then they can start investing slowly in trade and after gaining enough experience can start investing higher amounts.
We can master out trading skill specially when there's a need of trading at urgent matters as well. Experience need not to have huge amount of money but it can be done with small amount as long as it do gain better profit. If you wanted to plan to prosper in trading, you should also consider the factors that you might be in fear of panic or any problems of emotional stress. |
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I heard that one of us president candidate is requesting to donate with crypto currency on his electoral campaign for 2020.
You mean John McAfee? he's running for president just to give exposure to bitcoin and cryptocurrencies. This news is enough I believe to realize the worth of crypto today and potential in future
Even without his advertisements, crypto is going to be recognized everywhere. Do you think it will be recognized without any sharing of important information to other interested people? I don't think so that without advertising cryptocurrency it could educate people about how the system going to work with our lives. Social media is number one ways to make crypto being recognizable around the world, and am in favor for this strategy as well. |
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Oh I see. Thanks! Does that mean that altcoins are more unreliable and unpredictable than bitcoins and it is just better to put my money on bitcoin instead?
If you don't want to take that much risk then yes. It is better if you put your money on bitcoin instead but if you don't trust bitcoin that much, you can diversify your money on altcoins that have retained it's value for a long time like litecoin, wave, dash, and others who does not move that much and is not near their all time high(since if it is near ATH, losing money on your portfolio is very likely). It doesn't mean diverting our money to altcoins was losing trust with bitcoin. We're just looking for better alternatives in order to let our btc assets grow and have another opportunity to increase or multiply profit using the investments returns from alts. The safest ways is the best way, so trust both bitcoin and altcoin then you'll be benefited with promising profits. |
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I think the market is recovering but at a very slow pace compare to the total bloodshed experienced in few months back.
I believe that the market has already recovered, it has come to its normal state after the mad rise, now everyone is waiting for the next rise, thinking that this is a revival. That's a good analytics mate, and as I see with the current market situations it was still struggling to aim for better price reaching towards more than $7k. Hopefully in the next few days next month the development will be positive and those panic sellers will be eliminated. |
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I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?
Right now the price of Bitcoin has dropped, maybe these is the time that they buy for it. We will never know when Bitcoin price will go up again like the previous year but it will surely come. If people will buy for it, I think in the next few days we'll be able to see bitcoin's progress at greener trend of the blockfolio monitoring. In reality nobody knows or even predict the exact price on how Bitcoin will rise further, and for an opinion here psychology of waiting was just a matter of patience and courage. |
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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
For me $400 is enough because not all the beginner in trading is learning immediately so all the people who are just newbie in trading world they need to start to with a very small amount and when they now learn how to trade very well they can spend how much money they want. Lesser than $400 can be better for me just like $30 for the small start is good. We can't gamble at risk to begin trading, and if learning buy and sell at a good coins can be promising with trading fast moving cryptocurrency. All we need is patience and determinations in order to survive with the trading scenario. |
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Crypto mining does provide benefits, and can provide a new face in education. In crypto will make a more enjoyable activity and continue to explore great opportunities. If this is successful then having unexpected benefits as well as failure, will get a loss that we cannot predict quickly.
The benefits from crypto mining cannot be appreciated in whole value, but in a staggered amount of mining fees which can also be traded directly when those fees will turn out bigger. Although we can't predict quickly, at least the opportunity is there always for your crypto needs. Most importantly people mined crypto for sustainable profit gains in their holdings. |
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Based on the trend I had observed, it will rise much higher by the time bitcoin will also spike at the top price in the market. Exchanges will become expensive in altcoins trading with btc, that's why it will affect the price of litecoin. Demand will also increase when there's a need for litecoins, as well as btc will pump and gain it's momentum of increasing at profitable price, that's why people seem to have serious demands over it.
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Of course, I am also keeping my coin Buddy in my purse, I believe one day it will help me become a millionaire. This is not far off, it will become a reality.
Of course, as long as you keep the private key from your wallet, you can even save it for decades. but we don't know when the altcoin price we have is up, so I suggest taking every opportunity if you have made a profit. Keeping private wallet must be safe always, and avoid sharing your pc to other users if you have it publicly. Always keep confidentiality at your own personal responsibility, in order to make your funds at safe storage. If we maintain it safer, even for more years it hasn't been touched you'll be able to sell it successfully in the future. |
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Most time and from experience market don't behave this way and some time red may beginning of pumping and vice-versa. To make money from this market you must be wise and spend time in learning and gather experience on how the market behave.
The market will have to be at red signs because day traders will dump their coins before hitting the target selling price. It will fluctuate in swinging trend prior touching the peak trend, so we could experience a good movement. Corrections might be so tricky after all, and I guess our involvement is the main reason why bitcoin value sustained so far. |
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Yes,Forkdelta is safe to use. but I would suggest you use forkdelta with an alternative myetherwallet(only for use forkdelta).In the previous days, we faced forkdelta DNS server got hacked.so it would be the best use an alternative wallet for using forkdelta.after doing trade move your fund or asset to your mother or cold storage wallet. also, use some addon for your browser, add-on helps you going out from the pushing site.MetaCert is one of the good browser extension that I am using.
That's a safe advice mate, and I also prefer doing that in the future because eventhough we're in safe trades with etherdelta it doesn't mean its parallel with forkdelta. We need to have quick alternatives, for us to have an assurance for our funds to become untouchable by any hacker attacks or somewhat phising activities. Myetherwallet has been providing us strong support since from the start, so the number one strategy in order to prevent those negative scenario to happen; keep confidentiality on your private keys and don't expose it online or even share to strangers. |
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With many ICO's not selling so much of their tokens or not reaching the hard cap, many of these token's price always plummeted after entering the exchange. With the excess tokens that are not sold during the ICO are being burned, it is really possible that a fewer circulating supply of tokens will make it rarer thus it is more valuable? More valuable meaning pricier thus each holder of token will get more from what they bought? Or it is actually the opposite? What is your opinion about?
Please don't hate me for my thinking. If you know that I'm wrong, please correct me.
Ideally having a small amount of supply is good, It can make the tokens more scarce, Having a small supply is not always good for every project, Some of them need a big supply to have enough tokens going in circulation. Yeah somehow tokens with big supply is good in order for other traders to demand for more, but it made the price much cheaper. If the supply became lesser in circulation, it will make the price expensive and the potential holders will not dump immediately because there's a bigger chances that the coins will increase it's price value. When the demand increased while supply also decreased, more buyers will come and probably more will be selling their asset as well as panic buying will be. |
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The Ethereum as for me is less volantilen.I it is perfect for long-term investments. And do not forget that Ethereum is not only a crypto currency, but also a "smart contract."
Agree. Ethereum is the King of altcoins, as nearly every Token we know and love today, has been launched on the Ethereum blockchain. It's close to Bitcoin in terms of development and innovation, making it one of the most secure cryptocurrencies to date. In contrast, Ripple (or should I say XRP) is not as active in development and innovation as Ethereum is. XRP is just full of hype without delivering real uses to the mainstream world. It could have cheaper fees and faster transaction speeds than ETH, but the latter is still the King of altcoins because it's extremely popular and decentralized. Last year, XRP managed to bypass Ethereum in market cap as the second largest cryptocurrency in the world. However, this was only temporary as it quickly fell in value becoming the third largest cryptocurrency by market cap. One of the reasons for this may be that the Ripple company owns a huge share of XRP's total supply, which means that they could manipulate it at will. If centralization on XRP persists, then there's no doubt that decentralized cryptocurrencies like Bitcoin and Ethereum will stay on top for many years to come. Just my opinion  Indeed this is proven already for so many year eth and bitcoin has gone so far and it's having great legacy. We all knew ripple has been so tough at all times, but I don't stop the possibility that the price of this coin will rise nearly same as what ethereum did for the past years. |
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The Bounty Campaign is a one-time advertisement at the start of a sale.
The Bounty Campaign is like a robot that is told to walk straight without caring over obstacles.
Because everyone who follows the bounty campaign always follows the rules given by the Bounty Manager.
If we comply what's the rules given by a certain campaign you'll be able to get your desired bounty rewards. The bounty manager is liable for our welfare as a bounty participant in a specific bounty campaign, and he's dealing all the concerns that every participant should need to be resolved for. This form of advertisements promoted by a certain member in the forum helped the community in bitcointalk forum becomes more stronger, as long as every member do their job seriously. |
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