Arbitrage opportunity presents itself every now and then between exchange and if you have fund present in both exchange, you can make a decent profit in a very short time.
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Hitbtc is pretty okay for trading and withdrawing, I use it all the time to trade ICO token and to pick quality Altcoin I intend to keep for long term. I have seen negative reviews about hitbtc as well but that didn't restrain me from using the exchange and so far, I haven't had any issue!
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I prefer bitcoin to banking unless if I have to use bank to convert my bitcoin or use it to buy more Bitcoin or for some other transaction is when I remember to use my bank account. Bitcoin has been my currency of choice for some time now!
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As simple as it is to understand this trading strategy, some folks consistently do sell below entry price. Buying low and sell high can be effective in raising your profit to a new level but you have to be discipline to achieve profit with this strategy.
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Out of these five mistake that is common to beginner, number four is the most damaging, FUD strategy easily get to newbies with fewer experience than those with experience. The advice I have for newcomer is to always limit their exposure until they are sure they have capacity to trade profitably.
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Learning is something that you will do for the rest of our lives. We learn every day more so in cryptocurrency trading. I have decided to see my loss as some payment I need to make for learning new experience!
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Anyone can become a good trader by practice, trading is much more of activities than unending reading. Start from where you are with what you have and you will be amazed at how much you will learn in a very short period of time!
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One thing I recognize about money is that, money is highly emotional wreck! Money make people to become irrationally and make not well thought decision. Emotional detachment from trading will require practise and any new habit can be learnt with good practice!
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I expect new ICO to do better than those ICO they were taking back because of bear market that disrupt the things their successful launch. ICO should thrive in any market provided they know how to. I will like to see creativity in raising funds and developing their project!
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Bitcoin is still going to be here, there will be more and more people using Bitcoin for all sort of payment and because bitcoin is better, transparent and secure, the value of bitcoin will keep increasing.
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Nobody is born with the knowledge of cryptocurrency trading, every knowledge is accessible and skill based on cryptocurrency knowledge can be learnt. Dedicate yourself into finding out how cryptocurrency market works and in time you will know how to position yourself to trade!
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The most important ability to have in cryptocurrency trading apart from your ability to analyze technicalities, is been able to feel and know how market behave in different market situations. It will take some experience but it is possible to predict market behavior to very large extent!
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I think waiting for better market is time wasting, the correct approach to trading cryptocurrency is to have plan, if you follow your plan like you should, opportunities will be there for you to convert to real profit sooner or later!
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I will encourage you never to dwell on this experience rather, see it as your learning experience and price you have to pay to learn. If you thoroughly trade those coin since you bought them, you would have learned how to trade and gain some skill on when and what to buy in cryptocurrency market.
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Copy trading may work for you while you develop your trading skill. You can teach teach yourself by learning through trial and error. This is the most personal way to learn which will g help you to develop method that works for you and give you an edge in the market.
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The cryptocurrency market this year have been difficult in terms of stability and continuous price decline. Many speculators have had to eat their words as market have defile permutations and logic. We can only hope for stability and certainty that could lead to bullish market in the future.
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Etherdelta have successfully hosted decentralized exchange and trading platform for more than a year and several other Dex has sprung up. Among the decentralized cryptocurrency exchange, I think folkdelta is the best!
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I have traded and still trade with my Android phone on bittrex. I think bittrex is the best trading website with Android phone. I have never had any issue. Trading on phone is supper convenient and fast, the security of your trading activities is also secure!
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Your words are heavy and definite. I will like to see how Your opinion or better still expectation will come to pass. I am open minded about possibilities in cryptocurrency. Let's see how it will work out! However, I am still supporting bitcoin as number one cryptocurrency!
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Bitcoin trading and use is borderless and you should've be able to hold and Trade bitcoin in spite of some of the restrictions you may be having. There are many materials online that should help you in this regard!
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