If you would like to invest for long term then the answer is absolutely yes, but for short term speculation nobody knows what happens to price in next few weeks.
I love Matic because it does not compete with Etherezm but it helps to create better ETH network.
If your answer is that way, my answer will bring an opposite trend because even though you analyze very well, even many people here appreciate matic but from my perspective, I see the value of Matic is quite low, and this is always one of the requirements for whales to manipulate. And everyone should understand that manipulation significantly affects the value and future of a project, so in the long run it's not optimistic for matic, but in the short term, pumping and dumping will be an opportunity for us to make money |
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We already know how hard is trading for average traders could make money in this. Even experts never find it a simple task but rather to consider this as a serious business deal. As I could think of the study, it is most likely that more than half of the average traders are included in the study which we know that they are not really capable of doing this. Thus, it appears that more traders are losing day by day instead of gaining some.
Well, daily trading is a job that requires a lot of highly specialized skills and a rich understanding, besides these important factors, the market that gives us support is also indispensable but unfortunately these elements only gather for a few days and then disappear, that makes the majority of day traders are losing more money, instead of earning, they are too blind to the goal every day. If people relax in psychology and switch to short-term trading, the chances of profit will be higher, every day is beyond our limits |
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This is so nonsensical. Yes maybe digital currency will make you earn money, but if to the point that you have financial freedom, no. You even have this condition mentioned on poor countries. Those who can earn so much money to the point where they will have financial freedom also need to to have a huge amount of investment. If they don't have that (if they aren't rich), then they cannot earn much money that can be considered as having financial freedom.
I know that many people make a lot of money from this market, they also need to invest a huge amount of money, more precisely, they have achieved a financial freedom step before coming to digital currencies but this market is so potential, and a lot of exceptions have emerged since 2017. Although some people have not been rich before but after the effort and hard at crypto, they have really started to gain financial freedom, the results were obvious for the fact that digital currencies had a major trigger for someone's financial freedom |
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Eth is built for smart contracts we have seen more than thousand projects are built on ERC20 platform whereas Bitcoin is for fast low fee transactions both cant compete each other
Whether ETH is better than BTC in many ways but still it can't replace it anyhow. BTC would still be the top choice as it had gained too much popularity and as compared to ETH it has a huge market cap. For ETH to replace BTC, BTC needs to fail very badly or if people all together starts to dump this coin, but I don't think that's going to happen anywhere in the future... I even believe that even when bitcoin is a major failure, eth is irreplaceable when it does not create enough trust for everyone and at the time, everyone's suspicion of crypto was high because the leader who seems to be the champion has failed, can they trust the latecomer like eth or not? However, this case is unlikely to happen when bitcoin is an important part of this network, it collapses, eth will also be uncomfortable to be able to go up, and mostly investors will support bitcoin, eth will be hard to overcome the community |
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Imagine living your life without depending on Banks ever again. Using only cryptocurrencies such as Bitcoin or Ethereum, you can make your own income stream and use the coins earned to buy stuff from merchants who accept them. Every day, cryptocurrencies have been going closer towards full mainstream adoption. However, there are still some things which prevent crypto from being used over traditional payment systems we've been accustomed to for a long time. Nonetheless, what's it like to live only on crypto instead central-bank issued fiat money?  Most of us would say it would be good, but we will never know once where already in that situation. Have you ever thought how are economy would be if our currency will be volatile since it is crypto. Or if that point comes, and crypto will be stable since it is the main currency, will people still enjoy crypto as it is today? If we do not analyze and respond in a hurry, we will always say life with crypto is always very good when we can enjoy and enjoy the benefits of crypto every day but as you say, when we calm down and think more about that life, whether we are satisfied with the value that changes every day, salary and wage goods, and some other miscellaneous money or not. Besides, if it really maintains stability and doesn't change, we will no longer feel the biggest benefit from crypto, crypto will not be crypto |
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alt season will be said to come when economic conditions and market conditions have improved, the current conditions in the cryptocurrency market are not good so it makes the condition of altcoin prices fall and cannot yet be called the alt season.
The market condition is not too ideal and altcoin also has a slight decrease but at least, the overview has improved a lot compared to last year, every day we can see certain altcoin groups grow steadily, day by day, every day being a different group, and maybe our altcoin season is happening on a small scale, low frequency. So, the altcoin season has already appeared but this is coming little by little, no clear feeling, the remaining time will help us feel more clearly about the altcoin season this year |
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I don't believe that the news affect the price, it is already affected before the announcement of the news. These called inside trading, every news is hidden inside the graphics, through TA. We can detect them and take action before the news hit the market. This is why we say buy the rumor and sell the news. Some people got these inside tradings and they tell this around. This is the rumor, some are correct some are not surely.
And the news is not always true, some of them are just scripted and made by someone who needs attention, that is why I preferred going solo most of the time, if my judgment is wrong when I do a Trade then I would only blame myself, it is less frustrating than following somebody's decision in Trading and in the end it didn't go well. I always trust my jurisdiction than others who only knows spreading rumors. News in this crypto world has always been a scenario built by the cooperation of many authors, from large whales, crypto news sites, exchanges and developers, they always have a gathering here to design information to help the market follow their wishes and they will make a profit, so the general value of news is influencing people's decisions. If we don't want to be psychologically affected, ignoring it as you are also a good thing but personally, I always have an attention to news, an element we can leverage to track price action for the better |
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I don't think that way. If I made money, no one should look at where do I spend it or on what I use it for. Why would it even be such a bad thing? It isn't that much of a big deal, you give money and then maybe you win more or lose it all. A big percentage of money given for building churches and other religious establishments comes from mafia or some types of criminals, so gambling isn't that bad.
no one requires you to tell where you get your money and where the money is used for, it's a privacy right. Winning, losing, or at least the results you get from gambling are also none of the business of others. You must know that not everyone has the same perspective, some say gambling is bad and categorized as "dirty money" and some say the opposite. how do you show valid data that the mafia provides funds with a large percentage in terms of religious institutions? your opinion is too bad. Indeed, when we use our money to conduct a certain trading activity, no one offers or asks about the source of this money because this is not what services and stores care about, they only care if we have enough money to pay or not, except for these issues, other information is private. And saying that gambling money is dirty money is probably just the mindset of some stubborn people and the lack of generosity in thinking, money anywhere or any source is still money and is still valuable to use, we are not government, we do not need to judge |
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KYC become your big mistake if using on bad exchange market website or your joining on bad airdrop but submit your KYC data, if you use for big and good exchange like binance to increase your limit withdrawal is fine for using your KYC data, but when you found airdrop and sumbit KYC with lower reward its your big mistake.
Well, and maybe KYC will create benefits for everyone or not, it will depend on the form that we apply, depending on the location that we certify KYC, if we move into bad locations and use KYC for some unreliable places, the benefits are very low and the chance of identity disclosure is high. On the contrary, with reputable places such as large exchanges, KYC is an extremely necessary thing to upgrade the scope of our withdrawals, besides, that would be a necessary security if we were storing large amounts of money |
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I also believe that cryptocurrency has nothing to do with it, since terrorism existed and was funded long before the appearance of this currency. In fact, any currency can be used to finance terrorism.
I know of any currency that can support money laundering and terrorism, but in terms of features and security, crypto is probably the most appreciated when it creates anonymity and security for participants, the scope of crypto operations is not in the control of banks and governments, it is easier to want to launder money and support terrorism. But I also won't complain or blame crypto when the purpose for its use depends on the users, bad guys are people who want to take advantage of its features to commit illegal acts |
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Tools or ways to improve your trading is having enough knowledge in order for you to start a good experience in trading because as we all know that knowledge and information is the most necessary weapon you need in order for you to earn money here in cryptocurrency because lack of knowledge will lead you in failure.
Agree, the tool to improve our trading is knowledge, and in order to gain more knowledge, we need to go through discussions with people, apply it in practice to prove our speculations, although there will be failures in the beginning when we are not too familiar and lack of knowledge, in the long run, it will be a weapon that can develop over time. However, quite a lot of people overlook this useful tool, they usually focus on bots, signaling groups, and fast buying and selling tools, while they don't realize our selves are the most advanced weapons |
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I never invest into top 10 coins because you cant earn profit from them,better way is to buy bunch of cheap shitcoins and wait till prices goes up  More precisely, we need a long time to make money from the top coins because so many people choose, do not want to sell too early, it makes the price will be slow to develop and can not go up quickly, there are better and faster options for us to be profitable without having to focus on these top coins. But I certainly wouldn't recommend it as you when shitcoin is always something that is hard to profit, my better direction is that we should choose coins that are in relative rank, value and stable trend, they are usually pumped and dumped targets. |
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With the many claims that they are Satoshi, I'm not excited anymore even the real satoshi will reveal himself (their selves).
Same thoughts here. I can't really say if I'll get excited or not. But with all the news claiming that they are Satoshi, most likely, I won't be excited anymore. I'd like to know the creator of this great breakthrough in digital currency, of course, backed up with hard evidence that he is, indeed, the real Satoshi Nakamoto. But just out of curiousity and not excitement. Indeed, I don't have too much excitement when I hear information about Satoshi because even if he doesn't appear, the market and people still have very normal and very good activities, I even suspect that his appearance may make the market more problematic when he is probably still holding large amounts of bitcoin, so he's best not to show up. But as you said, he's probably a fairly well-known person in this field, lots of curious people and want to know the initiator's face for this industry |
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'do your own research'
It actually gave me more confidence in trading and learning about cryptocurrencies. And not to follow some random guys on Twitter or signal providers and stuff.
Yes. Make your own analysis and research on your own. Do not be dependent with other people's suggestions because their suggestions might only work for them but not for other people. And invest only what you can afford to lose. Crypto investment is very profitable especially if you have special strategies applied on it but we should not invest our whole savings in it because there is still no guarantee that we can reap good profits all the time. Losses is also inevitable in any types of investment. Not relying on others' suggestions is very accurate advice because not all have the talent and generosity to share their path of making money with others, this world has also taught us that success needs to pay, cannot be free. However, that does not mean that we will ignore those proposals, those suggestions are always references, even opportunities, we need to apply our knowledge to know what is an opportunity and what is a trap, and finally, a sincere advice from the people ahead, don't play with all your money when investing can make things evaporate |
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Not too much. 40% is the appropriate bonus for people who support the project for a long time. As you know, in the long run, the prices of altcoins collapse
Indeed, with the early support of these investors, projects that reward them with such a reward are appropriate, even if it adds a few percent more, it is not a big deal because as you said, in the long run, no one knows what will happen to the project, it could be a reward or a risk, the bonus created by the project only helps people feel fair, which is also a way to attract investors. But one very clear problem is that the bonuses are bigger, very few people risk venturing to invest in such projects, the risk is usually quite large |
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if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish
ETH now is at $172, and it's increased than the OP said. The price still showing good progress to reach a higher price so we can hope the price can go to the higher price soon. But I don't think it will end the bear trend because bitcoin is on the way to increase too. And usually, if bitcoin increase, some altcoin can increase but we don't know about that. Will ETH still rise while bitcoin price increase or not? Only time will tell, and we can wait for it's happening. Agree with you, although eth is performing better than what OP had expected but it also cannot mean that the downtrend will end because eth is not the main character in the market, it is still a character that depends on others, and bitcoin as we know it, it is always an important factor to decide the trend of altcoin, any increase or decrease pushes the market along, eth is difficult to be an exception. How eth's trend will go, time is truly a complete answer for all of us but right now we definitely can't pinpoint |
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Hey, it's Bitrawr. I've been following the Bitcoin ATM landscape for a while now and recently drew attention to the latest figures. The number of Bitcoin ATMs from September 2016 to September 2019 has increased by over 500%. As of now, there are currently 5,457 Bitcoin ATMs globally. I believe that this is indicative of the strong demand for anonymously transacting between fiat/bitcoin. https://twitter.com/bitrawr/status/1174682600834764803It's not surprising since the cryptocurrency trend has been spreading but is only limited to those who are technologically updated and educated. People prefer to use cryptocurrency since it's free from the control of the government and owners or investors have the power over their money. It has been reported that as the year started, the number of cryptocurrency ATMs worldwide continues to grow. 5,000 milestone appears to have been reached as of the month of June. The number of Bitcoin ATM installations globally just hit a major milestone this year and will continue to grow because of the accelerating and fast-paced growth of cryptocurrency trend and BTC ATM installation will follow Exactly, with the popularity of bitcoin soaring over the years, it's no surprise for us when the government began to spend more time on bitcoin, even setting up bitcoin ATMs for demand of many users, the purpose of the government is so obvious, they want to get a share of the profits in bitcoin, part of our income, Bitcoin ATM is not free, it is used to monitor us. So I don't think we should use it and should accumulate more because government help probably adds to the value of bitcoin when new users are coming |
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Why should doubt with BNB, there is no need to doubt if you want to own and keep it. because the prospect can be very trusted BNB will be one of the best. now is the right time when bitcoin starts to decline.
In the past, when IEO projects developed and exchanged binance with new features, it helped bnb achieve certain success, many people highly appreciated the future of bnb, I really feel BNB is reliable when the value is still going up very steadily but right now, BNB has actually gone through many weeks of failure, the value has fallen and started to return to the old position. My confusion and doubts, plus many others about bnb are very clear, trust is trust but this is an investment, so bnb needs to show it's worth investing, it cannot rely solely on theoretical words |
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Bitcoin will still dominate the crypto market with many people still trading bitcoin pair usdt or else. Besides of bitcoin, ethereum will be the next coin that also dominates the market. The other coins still follow behind them, and it's hard to compete with bitcoin and ethereum because both bitcoin and ethereum have strong support from the people. But ethereum can be beaten if the other coins have strong support too, but I guess it still difficult to compete with ethereum even with bitcoin.
With a trading volume and activities around bitcoin every day, bitcoin is actually probably the one character who gets the most votes for a dominant position in the crypto market, and the dominance of bitcoin has not been established recently, it has been established for too long in the crypto market, recently just an increase in the dominance rate. Ethereum may be strong but it may have accepted the position behind bitcoin, its dominance is very limited, what I expect most is probably libra coin when too much discussed it, this is also a characters can compete and dominate the crypto market |
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Both requires analysis if you are into sports betting since you have to check the records of the team if its basketball, or the boxer or mma fighter, you don't just place your bet based on wild guess, you will loose your money. Same with Binary trading, also need to do your research if the price will indeed go Up or Down, its different from the usual trading where you can pick a coin and wait for a period of time and if you did not hit your target, you can still wait until you reach your goal. In Binary its different, you pick if it will increase or decrease on a period of time.
I think gambling is more difficult than binary. Gambling most times is not research based especially if it is not sports, thus success rate in gambling is luck. Binary is more of research taking and analysis. All I can say is that they are almost the same though. In binary option you tend to speculate the price of a certain assets in the future whether it will go up or down and we all know that in Cryptocurrency, mere speculation is not advisable to follow with. On the other hand, gambling is an investment into an activity in the “hopes” of winning without any analysis and, just relying on luck. The thing makes them the same is that they cannot be used by any analysis or simply you just predicting the movement. I agree with you, more precisely, even if we want to have the analysis to make more accurate decisions, we still can't see an element that reflects the target we need to find, a lot of people have tried to analyze charts but the fact is that it's fluctuating in no trend, gambling or binary, both seem to be a place for us to bet luck, participation techniques and knowledge are not determinants. The only difference I see is probably that binary gives us a sense that we will be able to make money, while gambling only gives a sense of joy as primarily. |
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