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Money doesn't mean something printable, I do not know on which ground such statements are released by known banks. If something printable only can be considered as money then govt. should stop stock market, we purchase shares against money which are not printable but it holds some value for us. We take stocks as our assets. Why can't Bitcoin be considered as an asset? Actually most of the banks are afraid of blockchain technology and its acceptance by common people, cryptos are real threat for banking business, so its not surprising to get such statements from any bank.
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I do not agree to the statement of keeping cash, yes it may be required somewhere but cannot be treated as necessity. In case if online account are seized by govt as stated by thread owner then imagine what type of situation that would be, it will be an emergency and even cash may not help you that time. With freeze of online accounts, no one will be able to withdraw or deposit cash that means you can use only the cash that is kept with you if it is accepted by market in that situation. Rest cryptos work on decentralize platform so it is a bit hard for govt to freeze such accounts.
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The world of crypto and crypto coding has been making strides in recent years. In all projects and encodings, Ethereum remains the most popular investment companion to Bitcoin. It is not surprising that Ethereum has surpassed Litecoin and other coiners since it appeared in the pre-codec market in a very short time.
However, in the past ETH decline and many bad news about ETH constantly appear, the trust of some investors to ETH lost.
You think ETH Is the No. 1 choice of investors?
I think Ethereum is still a good choice to invest, rather it is the right time to buy some ETH as price is too cheap. Many good projects are still adopting ECR20 blockchain to launch their projects, ERC20 is the most popular platform for new ICOs currently. ETH blockchain is cheap and fast and constantly improving, so ETH can be considered as a good investment opportunity. Currently the whole crypto market is in down trend so we cannot expect ETH to perform individually, once market starts recovering ETH will be trading at a much higher price, this is my personal opinion. |
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ICOs which lock their tokens in fear of bounty hunters dumping are not analyzing the market in the right way. Only bounty hunters are not pulling the price down, I remember late 2017 when I just started joining bounty campaigns, I sold many rewards early and price elevated after some days, it all depends upon the market sentiments. Locking bounty reward is not the solution to avoid dumping. I have also participated in an ICO which has locked their bounty rewards till Oct 2020 but still price of their token is decreasing like anything. I hope it will recover with market. People should stop blaming bounty hunters for price dumping.
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The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
Sideways market is most dangerous and Bitcoin is going though a sideways trend currently, it is advisable to trade bitcoin in current situation until it finds a clear trend. Although in my personal opinion its the right time to buy Bitcoin and hold it for a long time,it may give good profit but nothing is certain in this market so always do a proper research before investing your hard earned money. Day trading or short term trading in such trend is not recommended at all unless one has very good knowledge of trading ranges. I advise you to go for some long term investment. |
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Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.
Completely agreed, we should not think about price right now, cryptocurrencies are being widely accepted, more and more new people are trying blockchain technology and many people all around ask about it, they will join crypto world sooner or later. Most of the investor or bounty hunters want to earn money in short time but big whales do not think like that. They accumulate the potential coins and wait patiently for the right moment. Price of any coin can increase 10x or even more in a short time. I have seen it for XRP, steller, BTC, NPXS. Its time to hold your coins, there will be a bull run for sure. |
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Indeed this a very useful information but its very hard to keep you away from all these gadgets as these are part of everyone's daily life now. Many of us have to use computer, mobile phone to run their professional life, yes watching TV can be avoided to some extent. It is highly recommended to devote atleast 1-2 hours daily for yoga/physical exercise. If anyone is in office job sitting all day in front of PC, he/should change posture or stand up for some seconds after every 15-20 minutes, do not sit continuously in one posture for a long time. Keep yourself busy in some physical activities during off hours. Balancing your daily routine can reduce the chances bad postures development in the body.
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This is very common if you are into any financial market, checking your assets, trading, logging into exchanges for price update,all these are normal but one should not be solely dependent on it. Its very hard to cop up your monthly expenses based on crypto trading unless your balance is very high and you professionally know how to trade.. Find a routine job or profession other than trading, spend your time there. Keep busy yourself in social events time to time, do not devote all your time in checking crypto prices. Live balanced life. Its not very hard to come out of this addiction, just try a bit and you will feel happy.
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Everything written here is true, why newbie fail in trading rather 95% of the traders close their account in loss, only 5% traders are successful. Trading needs a proper plan and to execute that plan you need to practice, practice and practice. Greed and fear are not biggest enemies of a trader, controlling both these factors means half way covered. A trading plan should be based on some analysis and based on that analysis, are of entry, exit and SL should be properly placed and adhered. A solid plan with proper execution (comes out of practice) can lead anyone to become a successful trader.
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Hello all.
I'm still searching for an exchange that works, has good order types and is to my liking.
I'm considering Binance again, after losing trust in Bitmex and GDAXs crazy high taker fees.
My major gripe with Binance is the website becomes unresponsive after a while - freezes/crashes regularly.
The only way to get the website working again is to open a new tab and re-enter the address. Simply trying to refresh the page doesn't work..
I'm using google Chrome browser. But I also had the same experience with Firefox.
Is anyone else having this problem?
Second to this is often when you buy some BTC it doesn't show up in your account until you refresh the page. So if you try to place a stop-loss for the coin you just bought - it says your balance is 0.00 buy some coin first.
Refreshing the page losses all the information the page contained. So that includes the stops you had typed in advance. Which knowing bitcoin as we do - that could be disastrous if you were unlucky.
As during the time it takes you to refresh the page, re-type the stops and hit enter... the price could have crashed below your stop. This is why I so want OCO orders, to prevent this occurrence.
Are both these issues commonly experienced at Binance?
The second issue I mentioned; of having to refresh the page for the coin or usd you just bought to register in your account is also happening to me over at GDAX.
I did not face any such issue with Binance yet, pls get your explorer settings checked once, Binance website is working fine everytime I use it, if it freezes at some point in your PC, it may a problem at local end. I would also suggest you to try Binance app for trading, I have used it on my android phone and its working very well even funds deposits and withdrawal can be done easily from app. For tech analysis Binance is providing good chart facility like website on app. |
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Your video is giving me lots of positiveness to continue holding my bitcoin stash regardless of some FUD spreaders are talking about the possibilities of $1850 in coming days. I am very much confident that bitcoin had already bottomed and now getting ready for another crazy rally like how it has done in 2017.
I like the faith of this crypto community this year because I can see that a lot of persons are also having a positive mindset about the price of bitcoin and crypto in general just as I do, I can't wait to begin to see a bull run in the price of my bitcoin and other crypto I already have in possession this year and I think I can boldly say when lambo because we are going to be rich soon.
I agreed to your analysis, Bitcoin has already bottomed up I believe, there are least chances that it will go down further. Crypto bull run may be on the cards now and it may come sooner or later but we should hold coins. New people are coming in, crypto community is increasing day by day, these all are signs of a good growth of crypto market. Fudders are always there to confuse but do you own analysis and take decision based on it. |
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Scammers are using different methods to scam people now a days, scam ICOs are a part of it. Its very difficult to find out whether a scam ICO but if we go thoroughly into any project, atleast we can have some idea whether to invest in that ICO or not. Useless ICOs do not work well,there is always excuse from their team about services, release of product or anything asked about project. Good ICOs properly follow their roadmap, team is always active and they have concrete answers to every query.
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I think main purpose of altcoins is not their use anywhere but these are used as asset value like any other stock. An altcoin is the reflection of any project If a project goes well value of that altcoin is supposed to increase. Also an altcoin is a way to discounted price on its parent website/app service, rest not all altcoins are accepted at retail counters. Investors invest in any project with the hope to increase his investment and that is the main purpose of altcoin existence, any new project can perform well and its coin value can increase many folds.
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You are right, cryptocurrencies are continue to grow. Although there are plenty of scam projects active all around but it does not mean this is the end of cryptocurrencies, still there are many good projects with dedicated team working round the clock. Such projects still growing money of their investors. Actually a long bear run has filled negativity in many people related to cryptocurrencies, such people should think that bear run and bull run are the part of any financial market, any trend may be long or short but its sure that it will change someday. I am associated with cryptocurrencies for more than 1.5 years and lost a big amount in this bear market but I still think, I will recover it once there is bull run. Be optimistic.
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Its very hard to find reliable ICOs in current time, things are not going well in crypto world. Many scam ICOs are into existence,they are collecting money and running leaving no value to their token. I think its time to make some regulations for new ICOs so that market trust can be regained. Investors are not much interested in investing their money due to these scam projects, because of this many genuine ICOs are not able to meet even soft cap. I hope things will change in near future, there will surely be a good solution to this problem of unreliable ICO by someone soon.
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Hi,
I was a bounty hunter just like many others here. Was hoping that i can earn my living by doing bounty hunting rather then kissing someone's azz 9 to 5. But it looks as if the cryptocurrency world is not ready for us or may be not willing to accept us anymore.
So after sticking to my beliefs that it will grow and good times will come, but the time has come that i have to look for alternates and here i am sitting in an office doing "YES Sir", "No Sir" and hoping that i can have a financial stability to avoid doing job anymore.
Seriously looking for suggestion to gain financial freedom and don't have to do a job anymore.
Your story seems same as mine, I wanted to be in the same freedom where I need not to do "yes sir" "no sir" . I had a good income once from bounties and was hoping to regain it in early 2019. Due to this hope I left my last job after an argument with Boss's boss. As time passed I realized the bounty projects from which I had good hopes started extending their dates for ICO and reward distribution, some of those project went silent, so there was no income for 5-6 months out of bounties, then I had to join another job to meet my monthly expenses. I still hope a good time will come in crypto projects and I would have enough income work independently. |
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Thank for bringing out this information on this thread. Really there are many scam ICOs all around scamming investors in different way and its very hard to trace such scam ICOs. Pls add another scam ICO "BeEasy" here, its ICO rate was $127/coin and when it was listed on its price was $2/coin. Dev never tried to develop this project and were inactive on telegram. Soon there was no volume no exchange and atlast Idex delisted it. Before Idex it was listed on two cheap crpto exchanges. Such ICOs should be exposed on this forum. Scam ICOs are ruining crypto market like anything, some hard step should be taken against such scam ICOs.
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After 3 months I will be in the army for a whole year. And I came to the conclusion that I need to buy something for $1000. This is not an important amount for me, but at the same time, I want to come home and with probability to raise this amount. I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what)
Instead of investing in any listed coin, I would suggest you to go for investment in some good ICO, it may increase your amount many folds but please remember investing in any ICO involves lot of risk. An ICO may turn scam at any moment and its hard to predict such ICOs, also price may fall from ICO price after listing on an exchange, thats why its very important to chose a good ICO. I suggest you to search for "Hubrisone" and "BCNEX" ICO (pls note I am not their representative, rather I am a bounty hunter and investor in Hubione),I found both these ICOs good for long term investment. Their team is hard working, current price of Hubrisone token is $.03/HBRS and it will increase to $0.05 in May19 before listing. Still I suggest you to do a lot of research before investing your hard earned money anywhere. |
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Its very easy to say " Trend is your friend" but its very hard to follow. It looks easy when we see some trend trade and think if we would have entered at X point we could have made lots of profit but in real scenario its very hard to analyze with the first candle if trend will start from here. The toughest thing I find is to exit the trade in trend, we actually do not know where the trend will end and when we should close the trade. Many times it happens as soon as we close the trade it goes in favour many points which frustrate trader and next time when trade is not close it starts reversing from that particular point. So all I can say is its true trend trades are always profitable but jumping and exiting from trend is very hard, it needs lots of practice.
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Market is always like that, when there is bull run it goes beyond expectations and vice versa with bear run. all coins have lost their value many folds and there is negativity all around the market, it usually happens. Its time to stay calm, new people are coming into cryptocurrencies.There will surely be a bull run but when nobody knows. Stay calm and wait for the right time, market sentiments will change, big institutions will come forward and invest in many new projects.
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