This is really nice but am just thinking what happened when everyone knows how to create crypto currency I mean there will be too much coins with zero value in this space.
We shall not focus on increasing the number of projects in the world of crypto currencies rather our goal shall be to promote already available projects and they shall be lifted up rather than increasing the competition. If we will work together only then the market is going to flourish and we all are going to get benefitted from it. We shall not promote this concept of generating too many projects. This will ruin market. |
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how much is the remaining capital? in my opinion for your recovery loss that is by dividing your capital to buy altcoin major because of the risk of experiencing a small loss, if buying altcoin major if the altcoin party has already started altcoin major will first price up as coins ADA, XRP, XLM, BAT, ETH and etc
These are the coins which are easy on pocket for investment and they are great opportunities of making good money. All these coins are the famous ones and they never make you regret investing into them. Best thing is they increase and decrease in value with respect to bitcoin and we all know that bitcoin is capable of touching high values. I personally like ethereum, BAT and litecoin among altcoins. |
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Yes, I see a lot of people who can earn $ 46k in just 30 'margin trading with high leverage. but vice versa, the risks are also great. For newbies, do not be greedy but deposit a lot and then trade big, ensuring you will lose everything. The traders with large capital are those who have experienced from trading for a long time. That's why you should consider it, but it's best to play with a small amount before playing big. It all takes process and patience.
This is a rule of business, the bigger you invest the bigger profit you gain and also the bigger is the risk. Those people who have financial back up are the ones who are able to make big investments but as you said, for initial traders the best thing is to make small investments in order to learn trading strategies. Once they get command over these skills, then they can easily go for large investments for big profits. |
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Then it would be an opportunity to create the next Bitcoin, but a lot of people will be afraid to invest due to the fear of it disappearing again, for absolutely no reason.
That would be the real case scenario, to be honest. People would never use or support crypto currency at that time after what happened. Though we all know that it will not happen since no one can make crypto currencies "vanish". As no one controls it, no one would be able to do that, another thing is that each bitcoin wallet is an access to a part of bitcoin, for example, so as long as you can access your wallet, it will not vanish. Well, I can only think of one thing, that crypto can never develop again. disappointment, fear, and others make people think that this is just an investment that wastes time. it's just that, thinking about this happening within 1 night, it's very difficult, moreover, the trade happens all the time. I hope the development of crypto will continue to get better. Crypto is climbing up the stairs of development and will not move in the opposite way. It has reached at appoint in very short span from where it can never fall. Crypto is among these innovations of time that will never be old and people will continue to come and join this market. It is growing and with each passing time its value is also increasing so no fear of its ending. |
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First of all, how the value is measured.? The value itself is measured in terms of Fiat then how would you store your value with such currencies. The fiat is always depreciating because of the inflation so to hedge our value against the inflation and store it, we need a better asset class which beats the inflation thereby creating value. Whichever asset that beats the inflation is a store of value asset
In the case of an economic crisis in which the value of your fiat is going down dramatically the ideal solution is to find an asset class that goes up faster than inflation and gold is perfect for this, but in those desperate circumstances even if the asset you are holding is not growing as fast but it is losing value at a lesser speed than fiat that could be good enough as a store of value in those difficult circumstances since it will allow you to exchange it for something useful and it will never lose all its value. Bitcoin is the leading currency of time and it is better than all assets. If you want to exchange your currency because it does not have a good value or for a difficult time, you can change it in digital currency. Bitcoin can easily be converted into all other currencies and can be used in this form so in the time of need you can either change it into your fiat or can use it the same way. |
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--snip
It should be, if the government has a rich society, the government will not spend a lot of budget on poor people. but is increasing wage a solution? it will cause some negative and positive impacts. but the negative impact will be more unemployment if the company is unable to pay high wage and they will cut off work rights. we must change the mindset and not demand too much, because there are also many people who invest in bitcoin without having a job. Increment in regular payment of a job is not always a solution. And yes I do agree there must be a change in mindset of people by not demanding too much from the work and the services we get. We at least get a wage but there is population which are wholly dependent on bitcoins where we don't even get a fix pay. Instead for asking a higher wage let's help poor ones who don't even have a job and nor can invest in bitcoins. Cryptocurrencies offer a huge list of jobs and it really makes it easier for unemployed peoples to find a suitable job. You can even earn cryptocurrencies by investing into them or actually even if you don’t invest into them by working as a freelancer or offering any kind of service. People are demanding towards their incomes or salaries because sometimes what they get from a stable job is not yet enough for their daily finacial needs due to continues price increase of various commodities and fare hikes so you you cant blame the people to demand because their monthly income is not totally enough. How much more here in the crypto world if it is your only job how can you provide your families basic commodities if you will earn less than what you deserve. It is the best opportunity to make yourself financially stable by working even one or two hours daily. If you want to do some small scale trading or free lancing you can do that even with your job. It will not take your much time or effort, but before involving in any such activity, first make yourself aware from the nature of the job is it really an opportunity or you are just wasting your energy for some frauds. So be careful! |
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I've been seeing milk tea here in my city, left and right. It is kinda getting crazy actually.
Implementing Bitcoin payment kinda sways into my mind, since most people buying milk tea here are high school students. Well let's say almost all of the Generation Z.
I am not sure if they're gonna be interested in paying in cryptos though, but hey it wouldn't hurt to make open an alternative payment method anyway. It's Bitcoin, there are no taxes to it unless you're planning to cash it out.
PS. I live in the Philippines and I believe that milk tea is such a hit here.
All generations are becoming interested in crypto, the fact behind young generations more interest is their knowledge and awareness about it. On the other hand older people are not very well known as they have not used this method in their time. If school students will adopt this method and would learn the benefit of it that would be a very good initiative, their knowledge and experience would increase with their age they will become expert at the later time in their life and that would be a benefit for crypto and Bitcoin. |
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If it will be implemented,A great news for crypto community and beneficial fr the cryptocurrency market.Adoption of crypto will be increased and the vendors will also think seriously about the crypto to make transaction with crypto and over all common person will be get benefit from it.
Developed countries realized that crypto and modern technology of block-chain is best for the stable economy.So underdeveloped countries must learn from the countries having proactive approach to cryptocurrency.
It is also spreading in under developed countries also. The only thing that stops it from being known by everybody is the restrictions put by the government on digital currency. The awareness is increasing day by day among all communities and people are accepting it happily. It is the advanced technology, its wide spread and wide acceptance by even under developed countries would improve their economies. We should work on its awareness among all nations. |
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In terms of investment, we have the option to choose between sticking to an altcoin, a bitcoin, or both altcoin and bitcoin. Basically, to accumulate more than one or to stick with a stable currency interchangeably with bitcoin. But in my opinion, I only consider two option. The latter, and to diversify your investment. Because from the concept of diversification, you are making yourself safer from loss, mainly because altcoins have different market condition over time. Leading to a higher chance of profits. Though, taking risk with both bitcoin and a stable coin is effective, it is quite better to find opportunities from new coins especially those that are just starting in the market.
Bitcoin is the more suitable option for all new comers as it is the more stable currency. Altcoin’s image has been wrong in the past time due to cases of frauds and scams. As new beginners have very low experience about the market. I would suggest the new beginners to start with short term trading in Bitcoin than move toward the long term trading for better results. As dealing with others coin is not easy for them |
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China has been banned bitcoins and any other altcoins because they dont simply like to adopt those its because they will probably launche their cryptocurrency called yuan this year as per the news. And I think they banned these coins because it will be one of their competitors when their coin is launch already.
Bitcoin is banned in China because it cannot be controlled. This is the main reason for the ban. But they will still continue to use it despite the ban. Therefore, the Chinese government makes a digital yuan for its citizens, which is completely centralized. Though it is banned but still China is the major hub of Bitcoin miners and its users. Chinese contributed nearly sixty percent of this digital currency market. This means that people cannot use this currency legally but they can hold it for short and long term. People’s attraction toward this currency and wide usage in spite of government’s regulations is a symbol of its great strength and value, it also depicted that Bitcoin would have a more powerful future in China and it can be accepted legally. |
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Excessive fear is also very dangerous as well but people do not realize that. I am not saying just go out there and do whatever you want without fear and feel like you are the best trader in the whole world, that would hurt your profits as well, having a decent amount of confidence but a decent level of fear both works. You should feel like you know how to trade and do your research and get better at it and have confidence but you should also fear that anything could happen in crypto world including even the most trusted moves becoming very wrong. Find that perfect in between zone and you would be safe, if you go too much to any side, you will end up either losing because you are too snob or losing because you feared too much.
Balancing your trade between over confidence and excessive fear is the key to a successful trade. Excessive fear will stop you from making big profits and availing multiple opportunities in this way you will not be successful. On the other hand over confidence will stop you from looking important figures and concepts that can be harmful for your trade. Make a balance between everything in every phase of life. |
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I did not go to any crypto event before but I would like to be the part of such events. In my country it was not widely known before but people are getting awareness about this digital currency now. If such events would be organized that would be a best way of promoting this market and Bitcoin value. This will also help users know the techniques of bringing improvements in their business.
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I think buying actual goods with Bitcoin is a good way for people to see Bitcoin works and is a good way to earn and spend money online. There are a lot of online stores that sell for Bitcoin now, and I bought many things with Bitcoin already, a few examples are: My PC was my biggest purchase  fully bought all the parts and payed with Bitcoin Weed on the Darkweb once with Bitcoin to test it out, was pretty good and went well. Different games for my pc. I think Bitcoin is pretty valuable and it is dumb if you dont increase your stack again after you buy something with Bitcoin. Well, sometimes everyone wants to use bitcoin, even some people have done business with it. it's just that, some stores like Steam close payments via bitcoin because the price is very unstable. however, I also want to spend this bitcoin and want to introduce it, it's just forbidden. so I only advertise it from places that I can reach. You can use various platforms for its advertisements. Start from introducing it to your family and friend. If you are doing a job you can share the idea with your work partners. Different social media platforms that you are using you can daily advertise from there also. Beside that you can give someone the idea of investing through this market if he is planning to enter in business. Whenever you go for buying something even at your local stores and you find out that this method of payment is accepted there, share the idea with others. This is the best alternative of all fiat currencies, no need to carry paper currency with you. Due to its lack of awareness in many places it Is not widely introduced in small local stores but you can give them the idea of its implementation. Wherever you find this ease share it among your fellows. |
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As long as I don't need money. I know thats not "trading" but usually price doesn't change that drastically for me to either sell or buy. For example I sold around 19k times and got my money out because I feared it was too high to sustain and I was right, something "that" marginal would make me sell, at around 3.5k levels I thought about selling as well but I got a big amount of money somewhere just at the same time (not crypto related, personal life happiness) and I just let the bitcoin sit since I just got a good chunk of money somewhere else, by the time that money dried up, bitcoin was back on 10k levels yet again so I didn't felt like selling anymore. So unless there is like a %100+ increase or a %80+ drop, I don't really consider buying or selling.
This is due to your lack of confidence and inexperience. One you invest in a long-term or short term trade you have to be hopeful for better results. I am not saying that people should not invest outside crypto market. I am just emphasizing on the benefits that crypto offer and are not offered by any other trade. Once you have invested wait for the results, check the numbers timely and wait for the result. Crypto is no doubt better than other markets and it also offers more benefits than other business. Your investments will benefit you sooner or later. Always hopeful for a good change. Think of the ways that will benefit you in multiple ways. There is no hard and fast rule for what change will rise the value and what will decrease it just happen suddenly, but this is not the weakness of this crypto market. It is the nature of every exchange and you should better learn this before investing. |
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It is okay to risk a high amount of money only if you know what you are going to risk to. Make sure that you have an idea into it for you to be able to avoid the big lost cases. It is indeed true that having a high amount of risk will have a big result but do not forget the fundamentals before investing. Research everything about the project that you are going to invest to.
Go for it if you have the ability and strength to face the consequences. In my opinion why to think of risks, if you will put your focus on the big results, huge profits you will be more confident in your investment and would not be fearful of risk. Risk is the basic element of every business but very well written you should know the nature of risk you will face that will help you to deal with it. |
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In day trading, with the aim of profit traders buy and sell different assets. As it is very short term so people usually do not have fear of losing with the dumps in the market, it gives you a small profit by the end of day. People who daily trade also need to have time to time update about it. If we talk about long term trading it gives bigger profits in long period of time. Both traders get benefit.
There more risk in long term trading on investment, we cannot be sure that the coin we are holding will gonna be great for months or years that we are holding it, we just need to trust our instinct in order for us to sell it when that coin is soon to dump or getting a low price than you expected. Day trading is good, you need to monitor or very carefully and you need a fast hand on it. This is not risk for me but it’s chance to get low price coins for profitable earning. I prefer long term trading because its safe and easy. When you hold for long term it gives you safety and surety that one day price will be high and you will be able to make more profit. Trading for day is good but risky if you are new as it needs allot of knowledge and market information to be successful in day trading. I think both type of trading’s are good. If you know the ways of daily earning adopt them and earn safely. If you have bad experience in short term trading go for the long term trading. This all depends on your aim, strategies and working. I am more of a realistic person so I usually do not believe in chance and luck. You are rewarded always for your struggle that is what I believe. |
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it's good to trade in your spare time, so that your brain does not focus on two branches (trading and office work), because trading is not an easy problem. After all, office computers can usually be accessed by anyone (fellow employees), aren't you afraid that the computer you use turns out to have malware that is ready to eliminate assets in your trading account? be careful friend.
Agree with your opinion, it is risky trading at work and using an office computer. Your first risk is likely fired from work because our boss found out by using office facilities for personal gain. The second risk since computers in the office are widely accessed by many people, then not only is the threat affected by malware but there is a possibility we forget to log out our account. If our colleague is found out to be dishonest, you can lose the capital and profits that you have already obtained from trading. This will also affect your trade badly. As office computers are monitored, someone else can get your confidential data. They can adopt your keys. There is a big risk of losing your trade. Your mind will be split between the two and you will not be able to excel in any field. In order to gain good results give your whole attention to work when you are at work lace and involve yourself in trading after that. |
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it's good to trade in your spare time, so that your brain does not focus on two branches (trading and office work), because trading is not an easy problem. After all, office computers can usually be accessed by anyone (fellow employees), aren't you afraid that the computer you use turns out to have malware that is ready to eliminate assets in your trading account? be careful friend.
Specifically during break time, and a lunch break. But not really trading but checking the portfolio and price updates.BTW, I am using my phone for checking because its not good yo used the company's resources during working hours for personal gain /purposes.  Trading could never be done in office hours. If we look more deeply then I think that it does depend upon the kind of job that you are doing. There are many people out there who work at places related to the finance such as the banking systems or others. They do get benefit because they can easily trade at work. In fact, their job benefits them as it is much relatable to the crypto market. |
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One of the most common concern of the users is the risk, we traders transfer our coins or assets to an exchange and it's not just an amount... but a huge amount of money if you will combine all the users asset. We wanted an exchange that has a high security features but doesn't sacrifice the users identity in short we don't want to have a KYC (well a KYC can be helpful in resolving account issues) but don't force users to undergo KYC before withdrawing their funds.
Next thing is the trading fee and specially the withdrawal fee we wanted a fair fee and a low withdrawal fee. Last thing is which coin you're going to list we don't want a shit/scam coin to be listed on the exchange you should review first the coins that were going to list on your exchange, lastly is the User interface we just want a simple and easy to understand interface of your exchange.
I could summarize the things that you have highlighted as characteristics of a good exchange in just two words. A good exchange is the one that keeps a check of two things. Firstly, the privacy of the user must not be breached at any cost and the second thing is it must provide complete information about currency exchange rates or current prices. |
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Learning from our own experiences is a very personal guide to us in trading. Gaining ideas from other traders is another way as well. They are also experienced traders and learning from their experience enlightens us and encourages us to do better and decide properly. Two heads are better than one as they say. And no man is an island. We need others for us to be more encourage and pushing our best to the limits.
It's always good to do things if we have our own role model just like a good trader. We can trade successfully but it's more easier for us if there is someone who's willing to teach and train us how to be a good one. Our trading skills will be more developed as well if we also keep learning even on our own efforts. Following the footsteps of a successful person improves your chances of success. Taking help and learning from someone who is high achiever in your field gives you the better idea of dealing with different situations. There are people who love to share their experience with others and guide those who are beginners. But also take knowledge from an authentic source because wrong information can lead a very bad impact in your career. Taking knowledge from them and applying it in your work will give you good results. |
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