for now, daily trading is good to get results, although a little, but the market has started to continue to increase, it is very good to get profits every day
Indeed, the market is improving and becoming very positive, although sometimes it still has abnormal collapses but it always has a rapid recovery and does not fall too deeply, and these conditions are too suitable for trading day. Because of this constant fluctuation, it will create a lot of opportunities, we just need to grasp exactly when and price we should buy, profit will be an easy thing to achieve but of course, risks and profits are always together, don't be too confident and put too much money even if everything is great |
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Those people that doesn't have bitcoin make it hard for themselves to buy bitcoin, in reality buying bitcoin is an easy thing to do. There's a lot of method if they really wish to get even just one of it. Making bitcoin more approachable is a task that everyone can do.
They need to be educated first on what bitcoin really is. There's a lot of wrong information that circulates on the web telling on how bad bitcoin is. Telling people on how volatile it is will make them understand that this is the reason why it has no exact price.
The theory and what you say, hearing everything seems to be very simple but in fact, people around are very hard to accept and hear us explain bitcoin, even if we can explain, they also will quickly forget, instead of searching for more information about bitcoin. Honest to say, if we want Bitcoin can easily approachable for common users, the spread of government is probably the factor to decide that because we can see the influence of government, the scope is always very large and the information they bring, people always think it is very reliable and safe |
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It seems to me that it is most reasonable to pay attention to new coins because they are much more promising and thanks to them you can earn more money
Actually i would love to pay more attention to the old coins which i know were successful than haven to choose those who during the bear dropped drastically. Old coins which are listed on exchanges and some that were listed on coinmarketcap still stand the chance of be successful than the new-coins. With the prestige and foundation that has been built for a long time, the old coin is really an extremely good place for investment because the new coins have so many similarities with the old coin, the development and community are very weak while the old coins always have steady development from community to developers. That's enough for us to determine which object we should choose, I don't deny that the new coin still has some very good but the rate for us to choose correctly is very low, not safe |
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I believe in Ethereum that they will not die in the near future, I believe they can still survive.
however, even though the belief is very large, I do not believe that ethereum will achieve that high level especially for this year, this year ethereum will definitely have a pump, many communities have talked about it. the fire reached the price of "$ 1450 In 2019" I was very unsure.
Indeed, perhaps our faith in eth is always great, it is an eternal fire, we always hope that the best will come and appear with eth but the belief is still not enough to make these hopes come true, special for $1450 in 2019. Because everything is still not a perfect space for eth to recover and develop then return to the peak, the market is still very tired and there is only very little recovery, this we can see very clearly and with such speed, $1450 is unrealistic, we should turn to the figures easier as 300$ to 500$ |
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I do not use crypto currency directly in my daily life for several reasons, among others, because the crypto currency or Bitcoin has not yet received overall recognition so that no business developer has used the crypto currency as its transaction tool. for that what I can do is convert the digital currency to that in the form of conventional currency which of course I use for my purposes, of course very useful.
I think most people here don't use cryptocurrency for daily life because the reason is that as you said, this product still doesn't get permission from the government and people still have a certain distance from it, it has yet to create trust and show outstanding features for everyday life. Cash is still more convenient, cryptocurrency is really not useful for use in real life, it is always a place to invest, it will be more useful, the profit from investing in it is always something that people recognize, very good and full of potential |
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I will continue to participate in bounty companies and invest all available funds in several top coins, including Ethereum, this year I do not expect a bull, but I am sure that in 2020 I will definitely wait for it
Similarly, I am continuing to participate in bounty campaigns this year because although the bull has not yet appeared but the market is beginning to recover, participating in new campaigns will allow us to receive many benefits when the project has a greater chance of success. Speaking of investment, I will probably pause because of the money that I poured into crypto until now, it is enough for me to develop capital through trading or investment, pouring more money is also good but it is too dangerous |
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the simple key to avoiding losses is to keep HODL, and if you want to get a lot of profit, choose a good coin or token. You can trade every day. You must remember that at this time HODL will not make you lose, and remember this green candle is ready to come to the HODL if it's time.
Holding is just a temporary method to avoid loss but this temporary method is not perfect, sometimes holding will give us worse results, I have also fallen into that situation, holding and persevering but the result is what I am holding losing value over time, therefore, we should have a thorough analysis before we decide to hold. And I think that instead of evading loss, we should try to face and accumulate experience, gradually the profit we get will overwhelm the loss, trading is not a world for evasion, trading is brave and dealing with every situation |
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Last few months ago the entire market was red all through but at the starting of the 2019 the market appreciated reasonably, so, those who bought when the price was at the dip make their profits when it appreciated. Buying Bitcoin when the market is dip will always yield some positive rewards.
Buy as soon as bitcoin drops and then get a big reward, it's always everyone's strategy and general thinking about bitcoin because this case has happened many times in the past, many people still apply this strategy and succeed until now, that's enough to explain why the price of bitcoin is falling is an opportunity to buy. But in the near future, I think people should have adjustment and careful consideration of this strategy because sometimes the market has big changes, what we buy is not an opportunity, instead it is a risk |
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The most effective method will be trading, especially now began significant price fluctuations which are quite convenient to earn, and the amount of profit can be decent
Well, trading is really a good method and very suitable for such market conditions, we can make a lot of money but the bear market is never simple, dangerous can still happen, this method is probably only for people with good experience and skills. If someone does not have enough confidence and just wants to be safe, they should participate in bounty projects, bounty will bring a lot of rewards after the project ends in success but the first step is a very important step and decides everything, which is the step to choose the project |
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We need to have more merchants and services accepting crypto currencies
i count on Bakkt what can be very popular in Asia
Bakkt will offer safe storage and will cover transaction fee
But still people around the globe are making money in his national currencies
Best chance for crypto currencies is to be internet money
LN is first step next we need to have services what will support that kind of payments
The most important is government, they are the main factor determining whether bitcoin can be used as currency or not, as long as they approve and allow bitcoin to be widely used, I'm sure everyone will use bitcoin as a currency. But we really need to think carefully about whether we want to use and waste bitcoin or we just want to use bitcoin to invest and make more money, Bitcoin is an asset and a very good portfolio, I believe people know which choice is optimal and good for them. |
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I want to see for bitcoin is a stable one, because i want bitcoin to become a real currency and accepted by people around the world and many business start using bitcoin too as a payment and as a currency. I'm sure if bitcoin have a stable price, many countries will accept bitcoin.
In contrast to you, I just want to see that the value of bitcoin is always unstable, I do not need government or businesses, even people around it accept it as currency or a payment method because this problem does not bring me and many people here the greatest benefit. The stability of bitcoin leads to the stability of crypto, and when the market is too stable, traders and investors will have nothing to do, while the market is volatile, it is a perfect condition for everyone to work, make money and build a better life. |
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The current crypto market makes it difficult for investor to invest in ICO project looking at the number of scam projects been promoted just to scam people of their money. The crypto space was one of the best investment ecosystem in the year 2017 till people decided to use that to launch scam projects to scam investors off their money. This made a lot of new investors who joined in the middle period of 2018 lose huge sums of their capital they invested. This discouraged a lot of these new investors from investing into ICOs because they were losing a lot of their money which they invested. ICO investment is not worth investing in them as it stands now.
It seems that many who continue to invest in ICO, do it based only on the successes in the past, do not want to look soberly at the overall situation and correctly assess how much the risks have increased As an investor, I believe that all investors have certain knowledge and they certainly know the level of risk has increased but why many people still do not hesitate and continue to invest, that can tell you that the ICO is still a place that can give investors great opportunities and profits. The risks and failures of ico in recent times do not discourage investors, they all know that market instability and downfall are the cause of this story, when everything comes back to its place, ico will continue to bring a wave of profits to investors, it is still worthy for us to invest |
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Bittrex and binance are the two exchange I do used to trade through and I have never have problems with any of them. I think it is very important we understand the platform that is good for us before investing.
The two exchanges that you mentioned are really prestigious and well-known exchanges, they always provide services and support very timely for participants, nothing is too surprising when they always top the list in everyone's choice, I'm also a person who chooses these two exchanges. But not only these two exchanges, I also very often use other exchanges because every exchange has special points, it also has advantages and benefits for trading, so it's hard to say what's best but my advice is that people should not choose new exchanges and there are rumors that are scam |
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The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
I think the main problem of the economy is poverty which i caused by unemployment and low wages while taxes are increasing. I think it is something that we have to control. If everyone would be financially stable, it could make our economy better. That's found around the world. It is possible to see poverty even on the first world countries. They hide it away from the outer world thinking it might destroy their economic situation. World economy can be made better, but the same cannot be achieved without proper education, shelter, medical support. This is possible only by the governments around the world. Short and more accurate, the economy of the world will be better depending on the development plans of the countries, especially the system to implement these plans, they need to work fairly and effectively to achieve the best results. But I was always very sad because the system under the government's management never had a good and fair operation, many members of the government system always have criminal activities, appropriating and putting the nation's money into their wallets, that makes the world economy still slow to develop |
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To my experience in investing in my invested currency last year that seems not reach their target success after a week's they return my invested money. And I don't think they won't give it back to you unless they are a scammers too they may not really give it back because they also wanted to earn even it's not a good idea.
In the past, projects actually returned money as you said when the project's goal was not completed or failed but at the present time, almost all projects only know that taking other people's money then disappear quickly when the project fails and lacks capital. No intention of scam in the initial moment will also become scammers because everyone recognizes the benefits and values that crypto can achieve in the future, this scam can help them get rich quickly in the future, there is no reason for them to reject this gift, and we are very unfortunate when we become victims. |
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The market is in bad shape. Ethereum prices still failed to react strongly. I wasn't really expecting it to be so big. Now there are some positive developments.
What you said proved that the deep collapse before going to the moon is not real, what appears with eth is just a deep collapse and takes a lot of time to recover, and the recovery has just appeared recently, it is not even too significant. Going to the moon is probably a story that is still very far away for eth, what eth should do right now is to create trust for investors again because the collapse period has lasted so long, many people have expressed frustration, eth needs to keep these people to stay with it, that will be an essential element in preparation for a plan to go to the moon |
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FUD is always there with bitcoin, we need to be prepared to overcome this. Whenever some form of negative news is getting rolled out of the community it needs to be analyzed. Because most of the time these negative things were put into circulation by the whales who intend to manipulate the market for their benefit.
Exactly, whales always produce negative news around bitcoin, they always want to use this tool to control the price of bitcoin according to their wishes, I have been in their trap for some time, I believe in news and news based action, I finally realized I was wrong. News in this field of crypto is always hard to distinguish from real and fake, we cannot trust because investors always want others to be losers and they are successful people, so, instead of looking at too much news, we should trust our choices and thoughts, believe in bitcoin |
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Many people have become really rich from trading crypto or working with crypto projects, the chance for becoming rich from crypto are there, but you need to work hard and to be talented to become rich from crypto in this market.
The 10X days are over, and if you try to buy on a green day you can be lucky to make profit, but you can also end with people dumping crypto on you. Best advise will be, just to buy bitcoins and hold, and then use a little of your portfolie to buy altcoins.
There is no best advice because we have no way to be sure about the future of the market, what we can do is try and use all the energy we have, combined with our capital, which is the first thing to achieve wealth through crypto, after that we will need a little luck, if we don't have the necessary luck, wealth will always have a gap with us. Crypto or any other area, all are paths that can lead us to wealth and millionaires but we can achieve it or not, it depends too much on talent and destiny |
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Which is the best time period in a day for Crypto trading, where more traders participate in trading??
I don't think there is the best time to trade because you can trade in anytime you want. Besides that, the market will always move in any second so you can find the best moment to enter the market. I usually do at midnight, but on the other day, I trade in the afternoon. It depends on the free time I have at that time because I don't always trade in daily. Every trader has their own time to trade, and they will trade if they think that they have time. Strongly agree, the market always has changes in every second and every minute, we don't have a certain time for trading because this fixed time will make us have limitations and miss opportunities in the market. In addition, as you say, everyone has their own time, different jobs, so the time for trading is dependent on the person's day schedule, even different geographical distances is a wall that prevents us from being able to focus together for a moment, so the best time for trading is always changing every day, depending on the fluctuations and calculations of traders |
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From cryptomarket we got lesson about how keep patient when bitcoin and altcoin at lower price, how can control our emotion when faced moment with bitcoin and altcoin at lower price, without could control your emotion you will bot become trader on bitcoin.
Patience is really a lesson that everyone here receives and understands very well when they participate in crypto because in crypto, if we don't have patience, every effort is just zero, or if we don't have patience, we will miss a lot of opportunities and benefits. Another lesson that I think people can understand is greed in time and stop at the right time, if people can't control greed in each stage of the market, the market can bite back on us, we need to learn to be satisfied, rather than trying to achieve more |
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