No it's not going to happen since government hate the decentralized ability in many coins in crypto space today, it's one of the main reasons Central Banks are building their very own digital currencies but i bet people love making money which is why crypto coins will be more favourable over all
I don't think government hate cryptocurrency because there are already a lot of countries who accepts crypto like US, UK, japan, Australia, etc. The only reason why the government will not adopt cryptocurrency to replace fiat is they will support fiat currency no matter what because even it is not profitable, it is the material thing that we use in exchange for goods and services. There are just countries that officials aren't corrupt and it could be where digital fiat that is using blockchain will be adopted. One country adopting this cryptocurrency will lead to another til all will also be adopting cryptocurrencies. Today there are number of countries who are adopting crypto and IRAN had just started trying. Replacing fiat may take years and years, we are just in the early phase of adoption so we are yet not seeing where all these will move forward. But the countries that first bann BTC are now adjusting and had been unbanning it. Blockchain systems are indeed more used as transparency and will usually be rejected from countries, because most countries do not want the world community to know their economic system. but on the other hand, this system is quite helpful to reduce the level of corruption due to transparency. although it can still be manipulated for transactions, but there will definitely be a track record. |
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Don't sell too early,patience is the virtue of trading.
For a beginner who doesn't in need of making income from trading to survive their life should always reinvest their profits back into cryptos to make more money than day traders.ANd also keep the satoshi value in mind over USD value.
Really good suggestions because when people start trading newly so they don't know about when to wait and when to trade so that's why all traders should wait and never be greedy to get quick profit as it may because of panic in the market. Knowledge matters allot in trading so learn it well and before investing do check the market situations from Google and the internet , control your greed for better and safe trading. greed is usually the main factor of failure, people who have the ability but do not know the limits in seeking profit are the cause, therefore financial management must be applied when trading, to find the right profit and also calculate the losses incurred during trading. |
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Before getting to know trade, I only played faucets, around 2014, and that was based on a recommendation from a friend. after one month of searching for the coffers of bitcoin from the results of the faucet, I made a trading account at bittrex exchange. there I was taught how to trade in great detail. so I didn't study through videos or articles. learning by hands-on practice will get a faster understanding.
faucet is indeed the starting place of the average person, I am also not much different in his journey to be able to do research in daily trading. yes maybe bittrex became the most recommended place in the year because of its large volume making it widely used by traders. but I learned trading techniques from books and some videos, maybe because everyone's abilities are different. |
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But becareful when using bots because the are some fake ,which is the real intention is to hack users private information such those that have curiosity about the real bot advantages. So be aware because nowadays in just one mistake it can cause massive losses.
This something that I have not really considered but it is true, in order for a bot to trade you will need to give it access to your account and if for some reason you bought a bot from an unknown source then there is a very high chance that you're going to get hacked and instead of getting money you're going to lose it and that is never a good thing, this most likely will happen to newbies and not to experimented users because newbies are the ones that think that bots are just a magical way of making money and that is not true. indeed it would be better to trade in the traditional way and rely on the capabilities it possesses rather than having to find ways to make it easier but at high risk. it is not recommended to use trading bots, because the price flow of crypto will not always be the same and need a complicated algorithm for the bot. |
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actually there are many ways to get profit but back again to ability. therefore you must know in advance for the potential on the coin if you take place for this event. I personally have been in this industry for a long time, and I admit that patience and skills are important factors for profit in here, you can apply this on condition that the coin is profitable.
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Thanks for the article, I did not know about many things like BitTorrent got delisted from Binance! To me, Justin Sun's comedy-drama was the biggest flop in 2019! Justin sun is being another McAfee, a fake personality! He keeps destroying his reputation by giving fake, lies hopes and giveaways and so many dreams!
Too much drama that already made by binance and justin sun vs binance just one from a lot of drama that happened last year. Another one just like when binance was getting a problem with one of crypto media platform just like blockcrypto. Forget mcafee and he was getting a big problem caused by his reputation already destroyed and people in crypto has banned him from the consideration as crypto expert. Drama is usually made into one of the advertisements that is done. sometimes a fuss indeed but usually they will be in the spotlight by the community. and for McAfee I think it's better to forget him, the reputation in the industry is already bad because of the events he made himself. |
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at this time the minimum to be able to trade on the spot market is $ 10, and the effective percentage ratio must be more than 5% to be able to develop assets, and even then have to use certain exchange coins as discounts for optimal trading fees, if you can be patient then you certainly can do this for only with $ 50, or go directly to high-risk options using leverage in the futures market.
Honestly, it's too hard to trade for $ 50. We can make a profit with it, but not every day. So it is better to be patient and make the budget increase before entering this market. I think $ 500 will be enough for a newbie to start in this market and be able to make some profits with funds of this magnitude it may be more to hold because to look for small profits will also be difficult unless we can see price action then there is a possibility that investment can run quickly, then patience will be more needed if our funds are small. |
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Most times when you look at the market and everywhere is getting green then know bitcoin is on the rise that is when most altcoins also move, but once bitcoin is falling in price, it is very obvious other altcoins will fall with speed except for a few, so the altcoin market is solely dependent on bitcoin.
This dependency is indeed difficult to break, because altcoin is still dependent on bitcoin movements. so I suggest if bitcoin goes to dump then it must be faster to take the decision to make an exchange on altcoin, but it must be confirmed in advance to do this and this applies vice versa when the bitcoin market is heading for the pump. |
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Investing in IEO is a lot of risky, so now every day we see a lot of new IEO camming in market that has not any project. so Ishould't invest in an IEO without researching . But several IEO's we have seen that investing has made a lot of profit , so don't invest in an IEO without research
indeed there are still so many IEO that end up with a scam, but IEO is better than ICO now, ICO is very risky and it is still uncertain whether to enter the exchange or not, but for IEO it will definitely be listed There are only few IEO projects that ended up a scam, but IEO can be trusted and better than ICO projects because most ICO projects are not successful and scams. The only problem in IEO projects is their KYC policy and they have low value in their exchanges, that is why there are still few investors who participate in new projects nowadays. but there are projects from IEO that don't grow when sales are listed on the market, so far I think it would be better to invest in old coins first until the market has supported the growth of new projects. but in terms of safety IEO is superior to ICO, so I think IEO is superior. |
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I think this Corona virus is worse then they are letting out, Messages from chinese people are getting deleted on twitter about the subject and in the meanwhile they have the largest quarantine in human history, and the whole of china is lockdowned now and they just announced travel is restricted now as well. Look at this video it looks pretty bad https://youtu.be/hbKx7KwGyFIHopefully this doesn't spread to much and other country's can contain the virus more but with a 2 week incubation time it is pretty hard because you can't even see or know if u are sick yet for 2 weeks.. Now how this is going to affect the crypto market I don't know, anything could be possible depending how much worse this outbreak is going to be as well. People could buy more but why would u want Crypto when u know u are going to die it would be more logical to sell to buy food and medicine in my opinion. I am pretty sure that Chinese government is trying to cover up as much as they can, but this is just a bullshit video montage without any context or sources to fact check with an ominous music making this video totally irrelevant and more like a plague game feel. in the context of news, I don't think the video attached is pure. there is no source and only the edited image, I can't believe this crap. Chinese citizens' access at this time is indeed limited because of the virus that spreads and the government there is like covering up related information. and I think it will be possible for the event to have more impact on their economy and not on the crypto industry. |
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No, I am not sure yet. How cryptocurrency will be the future currency? We have been talking this for years but look we are at the same place, still, many countries don't accept crypto as a legal currency! So, in future cryptocurrency may be accepted by every country but that future is not soon!
Realistically when we think now it might be a difficult challenge to expect bitcoin to be used in the future, but anything can happen as long as it is still possible. the biggest challenge of using bitcoin on a mass scale is the regulation of government in a country, without regulations the use will not work |
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maybe it would be better if handled intellectually, so you should have a study of the arguments that are issued. if they do setbacks they must have a reason and to that extent they can still be free in accusations. maybe the solution so far would be better to put pressure on the developer, especially to speed up the locking of the tokens you have.
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Newbies should rarely go for short-term trading. Short-term trading means trading in span of 1 to 5 days. Prices are much volatile and do you really think, newbies might be able to find any profits in such short terms. What I personally experienced is that most of the newbie traders who are willing to go for short-term trading end up buying coins at a wrong price which would make them wait for more than they expected in order to gain some profits but this would not be what was expected by them and also they do fail to properly manage their funds in this situation.
I would suggest newbies to start investing into coins for long term. They might sell their coins if they find profits in short term but always consider you would invest for long-term in any coin you invest because being new to the markets, you could not really predict the prices accordingly.
I recommend it as well, they needed to have a short trade at first so that, it would not be bad for them since they are just starting, they need to learn how does the market reacts, its volatility and many more. in a short span of time Im sure they will be having a great and many trades, but they need to keep in mind that, they need to trade in small amount at first, and then when they can manage the trades they can add more. at first if we are able to trade short-term then if we make a long-term investment it will be easier because it already has the basic knowledge of existing research. so first of all you have to learn price action on the market and also market volatility, and I agree to use a little money when learning how to trade. |
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You call it impatient but I call it desperation, I mean they can't just wait to cash out their first fruit, I mean it's a normal feeling.
They should be patient for harvesting the fruit, the impact of emotional thinking has the bad consequences, from my experience. It is understandable why they rush to sell the small profitable trades and they close the trading position as soon as they see the red on balance. Dangerous games require patience, if the volatility is higher than other zero-sum games. sometimes this is a matter of experience, so they will be more out of control in their emotional because they are more concerned with profits than the process made. so maybe for new users it would be better to learn the existing techniques, so that they are even better at seeking profits. |
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I think this development is quite interesting, by using USDT as a payment medium on the adult site I think it can indeed attract the use of crypto and also promote this crypto industry. although currently its use is on adult sites like this, I think crypto transactions will be able to be used in other industries.
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You can make profit per day with trading and you can easily lose your fund in trading as well apart from this every other ways of making money for free in crypto space involve longevity and patience, sometimes what you will get will be bigger and unexpected
everyone can get a lot of work here, so it might be different for each job that will be done. we can benefit in trading or create services such as helping in the exchange and as article writers. so I think in this industry a lot of work can make money for people who are able to adjust their abilities. |
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i'm not sure that the loss is only due to an improper trading platform, because in trading a TA is part of the other main factors that make a loss from trading, because even though we trade on an inappropriate trading platform but the TA we do is very good then i'm sure it will still make a profit
I believe this, exchanges with high volumes will probably move faster than exchanges with low volumes. and the problem of profit or loss depends on the trader doing the research and transactions therein. therefore when doing research you must carefully to see the price action that occurs. |
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I think, only fools who want to invest their money to buy coins that have gone up to 600%, because it will only make a loss there. after the fish enter the net, "BOOM" and ends. The OP is smart enough to judge the market situation.
it purely a scam coin the OP did a good job by bringing it to the notice of this forum members for anybody that cares the sudden pump to 600% is very outrageous and considered to be a pump-and-dump coin this is a trap to scam or defraud unsuspecting investors or traders. a high increase is sometimes indeed one of manipulation, by providing information in the forum then this information will be able to spread widely in other communities. I think it needs to be raised into a string of accusations. so that forum officials can carry out further research and carry out handling in it. |
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we have to see the market development, personally I think investing in the top altcoin can already be started but a gradual buy is indeed a safe way for now, with small funds to secure funds from market risks. and the most important thing is to see the price action on the invested altcoin, and use accuracy when you want to start it.
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Every trader will experience this type of situation during their trading, without losing it is impossible for any trader to make profits. Even I have experienced this type of situation during my trading, even we lose money in trading we should cover them in our further tradings.
in daily trading we will indeed experience a loss so I think it is impossible for a trader to never experience a loss. And losses that make a person will grow and develop, because they will find new ways and examine the mistakes that have occurred. |
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