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Many people have said that the price of BTC will increase sharply in the end of this year and the price reduction is only a small impact of traders.
I believe that with the appearance of libra, everything will change, the market will be green for several weeks. Please hold the alts top and BTC now.
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Kucoin can become a big exchange if Bitman supports them. Currently the functions and security in Kucoin are very good and they are just waiting for luck to come to them. In this market, exchanges or exchanges really need the support of Bitman and the large community to help it grow strong and stable.
Bitmax is a good example, they are backed by Bitman and become one of the most influential exchanges after only a few months of operation.
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We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?
The benefit is that exchanges will minimize transaction fees and enhance security and other functions for new exchange to be competitive with other large exchange. That negative is the irresponsibility of new exchange. Once exchange has become too much, new projects will be established and will try to find many investors and scam all their money. |
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Good day Lads! I've been a hodler for DigiByte for 3 years now and nothing happens... Any NEW or Old coins do you think would climb up the price until 2022? P.S. Hype or Not are welcome... This is for sharing thoughts only, who knows what the future hodls!?  I think you missed the best stage to sell DBG, at the end of 2017. I don't want to talk about how you are investing, but I want to advise you that you should not hold on to something too long in the crypto market. why? Because from 2017 onwards, this is the Dumping and Pumping market type. When you are profitable, you should take profits because most of the alts are affected by the price of BTC, and whales then adjust the price of BTC. therefore, even though it is a very promising project but it is still under the control of whales, whales can make the whole plan die within a year of dumping. good luck |
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Sometimes you cash out, look at the cash and wonder what do i do with this cash?
It appears to me that its better to cash out small amounts that you need to use at the time, Have tight stops and wait for it to play out on the upside.
I have the same opinion as you. Sometimes I want to sell and withdraw money to my account, but the bad thing is that I don't know what to use for it. That thought is really stupid in the crypto market. Because in the crypto market only dump and pump, when you reach the target profit, you should sell it immediately to ensure profit and avoid the big dump of the whale. |
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I think gold should only be compared to real estate. Because supply is increasingly rare and the demand for human consumption is growing day by day when they have a lot of cash. But for bitcoin, it seems that they are gradually unwilling to buy it. because the news of Bitcoin manipulation is increasing. the whales continually pump and dump the coins and make the investors there always bewildered.
That will be what makes people no longer trust bitcoin.
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In the field of investment, people with high IQ are unlikely to win in trading or investment times, because the market always goes in an unpredictable direction.
There are very potential projects but it takes all because the bear market takes place.
Therefore, the smart people here are those who take advantage of the opportunity to make a lot of money, not sit in one place and predict that Bitcoin will Rekt or have no value.
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In 2018, many fraudulent ICO projects took place and that's why Binance invented a new way of raising capital, the IEO.
To be safe in investing, I think we should not invest in ICO projects anymore. Look for big exchanges to invest in projects there because exchange's team has checked the project and there will be no frauds going on.
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Does Binance not have a feature to do this? If not, what exchanges do have the features for doing trading stops?
Binance has set up a stoploss system for a long time. seems its interface is quite confusing to you? If it is too strange for you and you cannot use it in the best way, you can trade in Bittrex. There, the interface is simpler and the settings are much easier. |
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Binance can really compete with the top alts and may soon enter the top 5 of the crypto market. They are actually creating a supply chain of services and their teams are doing very well and don't let mistakes happen.
besides, they are really not interested in working with projects that are based on ETH, ERC-20.
they do not support listing those alts anymore. More specifically, they are creating Binance DEX and the new BEP2 platform.
It seems they are officially in cold war with Ethereum.
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Hi Guys,
Are you interested in IEO? How about your opinion? I think IEO trend will run to end of this year and IEO is one of the good speculation channel.
Yes, I am quite interested in IEO at the moment. I am not a good trader and I just like to invest, IEO is one of the calling programs that are bringing me the most profit. I was lucky to buy tickets to buy tokens of Harmony and Elrond. I made a lot of money from it and I think this trend will continue for another 1-2 years for big exchange. Binance and Huobi are actually creating a reputation based on pumping prices of coins to cooperate with them in the past. If you are interested in investing in IEO, select the projects listed on those 2 exchanges. |
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that's what I'm thinking about. Another bad thing happens is that when a power goes out, transactions will stop or sometimes a system failure will occur and we need to re-authenticate the transaction and a lot of problems will happen.
Why don't people combine electronic money and fiat money together to create a better ecosystem?
I know crypto is convenient but it's only convenient in some areas.
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What would the process look like?
If I registered a business name and then got some business loans to buy more coin. It would be a HODL business. Or a boutique crypto investment firm. I just want that loan to buy and hold onto a bunch of coin and watch it soar. There would eventually be a legit service to offer through the business but at first I just want a giant loan to buy a bunch of bitcoin.
Sound idea? Yes or no
So you don't need to open a business with a hold goal. You can hold it on cold wallet. When you open a business, you can't solve your lack of capital. You should only borrow money from someone close to you, because you still don't have enough experience to play big in the crypto market. Be careful and restrain greed before it leads you to debt. |
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Awesome article that talks about both ETH's and BNB's key features as long-term projects. https://cryptotradernews.com/cryptocurrency/eth-vs-bnb/IMO, ETH's glory days are over and we're already seeing how ETH isn't growing at the fast pace that it used too... On the other hand, BNB is a much more stable project. There's a lot of IEO happening right now in there and Binance overall is a VERY PROFITABLE business. Thoughts? they are on their way to defeat ETH. Recently, Binance is implementing a policy of not listing projects that are based on Ethereum and also gradually eliminating pairs of ETH coins. They are really trying to manipulate the market and Ethereum is really facing many difficulties in the past and the future. This is considered a very fierce battle and will be an opportunity for EOS, NEO and Waves to grow their market share. |
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Do you think that currently altcoins are not showing bullish trends as BTC do?
But i think the strongest altcoin is LTC. Its price jumped from about $30 to about four times.
Which altcoin do you favor if any?
Alts only increase when the BTC has a price adjustment after its price is pumped. I really only pay attention to the LTC in the past few days. I had a lot of profit because trading in LTC on bitforex in the last few days. You can buy LTC and hold them, in less than 1 month the halving event will happen. Its price will gradually increase over time. And there's a pretty awesome alts that is Insolar. It is being traded on Binance with over $ 1 million per day. By the end of September, they will start implementing the Mainet and its price will rise. This is a good time to buy many Insolar and hold it. |
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This is really a very useful article for new traders and especially me. I was really quite difficult to place a stoploss at any stage and at what price. I tried to ask my friends and read books but most of them were just theory and no practical experience. This article has really enlightened me and I will apply them in the next transactions at LTC / USDT. thank you so much.  |
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Hello,
I have made $2 million with trading cryptocurrencies and I'm afraid of losing it all so I want to lock half of my money somewhere. Even if I get sick or die, I should NOT be able to withdraw that money. Is there an investment plan like this? Lock for 5 years etc?
Bank cd wouldn't work for me because you can still withdraw that money with penalty.
If you are planning to hold the coin, you should buy a Trezor or Ledger hard wallet. These are the purses that make your property the best security and no hackers can invade. talking about long-term hold, for 5 years, ETH is definitely one of the best to hold long. When technology is truly thriving, big investors entering the crypto market will pay more attention to ETH. They have a great technology but it is not time for it to explode. So, 5 more years will be a great time to come back and sell them. |
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Bitcoin is on the run for some months now and it has significantly increased from $3700 bottom to over $13k but the price of altcoins is dragging and its not really following the trend. My question is that when will altcoins join the current rally in crypto market?
It will soon happen. BTC dominates currently at 62.5% and it is very high compared to the beginning of 2019. Alts will start to increase as the value of the BTC stops at $ 14k at the end of Q3. then, the BTC will become stable and alts will have the opportunity to grow accordingly. Now is a good time to buy the top alts. It has experienced 4 troughs in 1 month and we will soon see the market rise. |
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I bought a bunch of LTC at like $40. I’ve seen the USD VALUE go up a lot, and the Satoshi value go down from like 1.0BTC now to .6ish.
Ultimately I care more about Satoshi values.
Should I dump my LTC for BTC and continue to ride the wave up, or be patient and wait for the halvening and see if LTC continues to rally despite taking a bit of a breather.
My target LTC sell was $200. I thought we would be there by now.
I don't think it's a good choice. You should really hold LTC and wait for 1 month. With the appeal of BTC, I think that the LTC can increase the highest is 130-135 US dollars in a month. you should still hold it and should not hold or trade BTC. Currently, the level of movement of BTC is very large and you will not be able to anticipate its price will increase or decrease in the next few days. It is quite risky. |
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