As others have pointed out, there are a lot being offered by crypto exchanges right now. It's a demo so you can do whatever you want, but make no mistakes about it, you should take it seriously if you really wanted to learn how crypto trading works. You should look at it as real money so that when you go out in the real trading floor, you will know what your going to do, like having stop-loss and and entry and exit plan.
I could not find a virtual demo version of a cryptocurrency exchange on the cryptocurrency market that would be identical to the original, I would be very grateful if such resources were recommended to me. The other demos I've dealt with so far have been a pitiful excuse for virtual trading that is very difficult to take seriously. |
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Virtual or demo trading is just only for complete beginner not for mastering in crypto trading completely, demo account offers people to test their skills but the real ability of using their skills can be found only with their real money involved and more people losing means they are just taking it too easy.It is important to start from the scratch not with all the saving you had! It is undeniably best for a beginner to use virtual trading to gain experience and relevant skills that will be very useful later on. But it seems to me that even an experienced trader will be able to use demo versions of a cryptocurrency exchange in order to work out their options for trading strategies to study their effectiveness. |
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I took part in the SwapZilla project and managed to earn more than 1 bitcoin, which I can only use for trading, since withdrawal will not be possible for this amount of BTC. I believe that for daily trading this amount of starting capital will be more than I could afford at the moment, but the results from day trading with such capital should be excellent.
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Of course, I would like to receive a reward for participating in the Bounty of a company by a stable planet, since in most projects tokens are either not required on exchanges or have a price a thousand times less than the declared one. A few years ago, no one even raised any talk about remuneration in a stable currency, because any coin after the completion of the Bounty of the company could be sold at a very good price and get your reward for the work done.
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People who do not have experience, people who do not have a sufficient amount of knowledge, and are also too gullible, they always fall under the influence of scammers. Investors In such situations they lose their money, but the Bounty Hunters also succumb to the influence of scammers when they believe the sweet conditions of the Bounty company, and as a result they are left without paying for their work.
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Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
I could remember one bounty I participated in some months ago, the token on spreadsheet was even converted to dollars. So when we check the spreadsheet, instead of looking at the number of tokens we have, we only saw the amount of dollars the tokens worth then. So everyone was just so happy then and calculating the amount of dollars we have. Not knowing that, we are only building castles for ourselves in the air. Till now, we have neither received token nor dollars. At least to date, I have not yet met such Bounty companies that have paid the remuneration in full. And this remuneration would be highly appreciated. Even if we take into account the Bounty company Cartesi, then in my opinion the award for the Bounty participants was not too high, as it was in 2016 and 2017. Although Csrtesi paid the reward in full and the value of the coin has almost tripled recently. In 2016, a member of the company's signature could earn up to $ 2,000 in two months, while Bitcoin had a price of about $ 500, and today Bitcoin is $ 11,500, and a member of the company's Bounty can, in some cases, receive $ 10 for six months of work. |
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I hold around 190000 verge(xvg) coins. What do you think is its future potential. Can it reach $1 per coin?
I too hold XVG but I think reaching $1 per XVG seems a bit impossible. My target for XVG is $0.05 (which too is a hard target to achieve I guess). I will probably start selling my coins when it reached .02 As John McAfee once said, all cryptocurrencies, which primarily aim at anonymity, will have very good prospects anyway. The XVG coin is one of those coins that will have a very good future. Therefore, if you are looking for a long-term perspective, then it is not worth selling this coin, especially considering the all-time highs in 2017, which reached $ 0.24 per coin. In addition, according to statistics, Verge has almost 9000 percent ROI since launch. |
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With the current price of ETH, I think it would be good if you invest in it long term, the price in the future will definitely go up and if ETH 2.0 is updated I believe the price could go up to 800-1000. $. But if you invest in the short term wait for the price to go below $ 300 and buy it
Do you think the Ethereum 2.0 update could push Ethereum up to $ 800 or $ 1000? And this is all the maximum that ETH can do After switching to PoS algorithm? Personally, I have very high hopes for the 2.0 update and expect a significant increase in Ethereum demand due to staking. |
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I believe that the most famous DeFi project on the bitcointalk forum is Idena, which has already shown very good results to this day, that from February 2020 to today the coin has risen in price by 1252%. DeFi projects are very popular among investors today, but is it profitable to join Idena today with such a significant increase in prices?
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I believe that this situation, when one politician gave another politician a certain amount of cryptocurrency, will not play a major role in the cryptocurrency market. But with regard to estonia, in general, we need to talk about a different situation where the relevant state institutions issue licenses that have been adopted in accordance with legislative changes that regulate the scope of operations with cryptocurrencies. According to these changes, new requirements arise for market participants, with an increase in the threshold for entering the market. That is, the situation can be explained in such a way that only big players with a huge financial resource and developed infrastructure can participate in the process, and all those who do not meet the above criteria will actually be forced to leave the market.
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How exactly these banks are getting investors? Only the depositors are the reason for the people to invest on banks but the profit of bank is not from investors because they have to return it back the invested amount when they sell their shares.
So banks are making profits by giving the loans and the money is coming from the rich depositors in general.SO exactly bank gets money from people by giving less interest in the name of deposit interest and give the same money to other people for more interest rates.
I believe that today almost all governments are doing everything to ensure that the banking system exists for a very long time. During this period, the economic situation is very difficult and many people live without work, unable to replenish their household budget, and for some, the main job reduces the already small salaries. In order to survive, people go to the bank for loans, leaving their property as collateral. Thus, the banking system not only controls the expenses and incomes of people, but also makes them its slaves. And this whole process takes place under the auspices of the government. |
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In the Philippines today, the situation is very difficult, since the economic crisis does not make it possible to save the economy, besides, the coronavirus only aggravates the situation. In addition, as for evil, nature makes its own adjustments, because only in August there were several strong enough earthquakes in the Philippines, which has serious consequences, and the media also reports that there were two large-scale terrorist attacks in different parts of the Philippines. It seems to me that it is very difficult for the government to maintain control in the current situation.
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Kugelberg points to the uncertain economy as giving people reason to swap fiat for crypto investments. “There’s the falling value of the dollar to be priced in; we have not seen the end of the dollar’s fall that is for sure,” he added.
This statement made sense. I have noticed some of people are slowly shifting to cryptocurrency or gold as the USD continues to fall. The end of this economic crisis may not been foreseeable yet, so people got threatened and concerned about their fiat currency slowly getting devaluation. I'm not sure whether It made an impact to the rising motion of Btc price or is there any other relevant reasons other than the fall of fiat currencies due to excessive printing of money. Or this is just a continuation of the post halving price predictions that makes more investors gradually accumulating for the possible bullrun in 2021. I believe that the impact on the situation occurs for several reasons, where the economic crisis due to the coronavirus, as well as halving, play the most important role. Inflationary processes in each country force people to keep their savings thanks to more valuable and alternative assets. |
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In any case, the cryptocurrency market does not depend on the season, and if you analyze the situation in the cryptocurrency market at the end of each year for several years in a row, the indicators will differ very much. But if we take into account the fact of halving in 2012 and 2016, then Bitcoin has always increased in price until the end of the year.
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The small changes are stuff that happens daily and honestly speaking those small changes should not really make our trading decisions based on these daily changes, we should be doing them depending on a longer period of time so even if short term is the topic, even our short term should be effected by our long term consideration.
But there are traders who even at a bull run do short trading and this wild changes and swings are more favourable to them unless they realised that it is better to hold long term though. But that makes this whole crypto trading game more exciting for those short term traders. Right now it seems that the price is just fluctuating in the lower $11500 to $11,700, a small difference but for short term traders will take that advantage with them. I believe that we are not yet in the bull run and therefore cryptocurrency traders have minimal risks. But if the rally does start, which even using short positions, trading will be very risky. In this situation, the trader risks being late for the train at the wrong moment. |
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In fact, I use binance for my daily trading as the best cryptocurrency exchange. But if I need to quickly buy Bitcoin without any obstacles using my bank card, then first of all I use resources through an intermediary and guarantor BestChange, which provide cryptocurrency exchange services in any direction. In addition, all resources have very positive reviews and transactions go through very quickly.
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When I asked the question, bitcoin were just above 2000 and went 10x in next half a year.
Now it is just broke 10000.
But will we have another 10x in next half a year?
Dude bitcoin is current trading at $11600 and for it to go 10x would mean that bitcoin should trade at $116k. And you are asking if it could reach that price in the next 6 months? The straight answer would be NO. Bitcoin will first have to cross the ATH price at $20k and after that it will see another major correction and I don't think all of that would happen just in the span fo 6 months. So to go 10x again there is a long way ahead of bitcoin. You are really right that in the next six months we will not be able to reach 20k indicators, but nevertheless, if we take into account the indicators of 2013 and 2017 in the context of the halving results a year after the event, then if we adhere to the forecasts based on these historical data, we can only expect a year after the 2020 halving of the real Bitcoin rally in the market. |
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I personally couldn't handle any sort of bitcoin trading bot these days because right now everyone is making profit so people who owns bots try to make it look like their bot is awesome but in reality people who do manual trading makes a profit right now as well, there is really nothing too serious about making a profit nowadays, bots are not special in that kind of way. Do you know when I will really think bots are cool?
When bots could make a profit or at least not create tons of bags during the bear moments, that is when I think they will actually be worthy of purchase and a test. I have used so many of them so far and I can tell you that none of them were the things I imagined they would be, they were all predictable and boring machines that does what I tell them, which is what I would do during manual trading.
I really understand that a good trading bot program will in any case make the technical analysis of the market several times better than me, and therefore the bot has a better chance of getting good results from trading than me. But I still have a very big distrust of such programs. In addition, if you already pay money for a trading bot, then you want to be sure of its performance, but for some reason only negative reviews always sound. |
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This is caused by the high interest of investors, they want to accumulate as many ETHs as possible before staking happens. Staking will not be for everyone, only for those who have at least 32 ETHs, and that is not a small amount, currently around 12 000USD to qualify for passive income.
I, too, am of the opinion that the Ethereum 2.0 update will bring quite a lot of benefits for Ethereum owners. In addition, you need to take into account the fact that passive income from staking Ethereum will primarily depend on the value of the coin in the cryptocurrency market. But since a large volume of coins will be concentrated on the wallets of the owners, the shortage of ETH in the market will in any case provoke an increase in its value. |
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In my opinion, to apply cryptocurrency as a world currency or universal currency, it is very far away because each country has its own regulation of currency, but if you use blockchain technology, it is possible that it will be applied by each country.
It will never happen as crypto will never able to deal with all of regulations in all of countries. universal currency means crypto will be adopted by all of countries and that means if crypto has no chance to become a universal currency. If the rules are established, then the cryptocurrency will lose its function of decentralization. But hopefully an alternative will be found. Many countries are already gradually transferring residents to use non-cash payments, preparing them for the digital future. And, perhaps, in a few decades, we will be able to use cryptocurrency freely as well. The government is transferring its citizens to cashless payments in order to make control over the income and expenses of citizens more accessible and problem-free. With the advent of cryptocurrencies, the monopoly of the state will crumble and in certain situations governments will oppose the uncontrolled use of cryptocurrencies in everyday life. One way or another, cryptocurrency users have yet to agree with the rules for using cryptocurrency within the state, which will be legally established. |
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