I already tried Coins.ph before but I started to switch to another for trading, but if I just want to use sometimes fiat transaction, I use coins ph. You should be aware of the buy and sell spread of coins ph, it is really not advisable for doing trades there, the spread is really huge there, just piece of advice.
And for the FTX part, I also used that exchange and I can totally agree it is superb, especially their mobile app, extremely fast and easy to use.
|
|
|
"If you can't beat them, join them". This quote can be related to the bank vs Bitcoin. This is already an aged discussion, Banks vs Bitcoin. For me, this will be forever discussion and argument but, I can say banks will stay as Bitcoin will stay. For sure there are some people in the world that may have no access to the internet even in the future and don't want to use the internet and prefer the traditional way of living, so for sure they will be the ones who will stay using banks. And I respect that decision even I know what Bitcoin can do.
|
|
|
These ETFs are kinda the top signal for Bitcoin? Hmmm, I don't think so, because as I can remember back to 2017-2018, ETFs are starting to pop before, and that's the time we experienced a very long bear run before we broke the old ATH which is $20,000.
But for me this time, it is different, the market is more mature now compare to before that's why even ETF will not be approved, the market is not overreacting.
|
|
|
I believe that they will unban it in the future but for multiple reasons, not only with the price. It's like, "They hate you coz they ain't you". For sure these past few days, they starting to realize their decision for banning bitcoin mining in their country. With their recent decision, it's just an example that Bitcoin is standing on its own, no one can control or affect Bitcoin, power of decentralization.
|
|
|
Some trading platform these days offers some sources or knowledge that you can use for free. For example, is Binance, they this free platform called Binance Academy ( https://academy.binance.com/en) Which you can learn all about cryptocurrency and blockchain, and for sure it will help you too besides trading only. This is one of the best tools too that Binance created, it will help people especially those people who are starting in cryptocurrency. All you gonna need is to read and understand.
|
|
|
For me, what I observed on this forum or read on some chat channels about Telegram even on different social media/trading groups. There are some people hate stop loss, it's likely they are blaming stop loss for having loss on their trades. They don't think that it's their saviour for getting huge losses or in worst, liquidation.
So from my own experience, stop loss feature is good and always be your friend.
|
|
|
Why does btc growing faster than other Cryptocurrencies?
What makes people chooses bitcoin?
Very lot of things need to consider here. First, we all know that the first cryptocurrency is Bitcoin and the highest market cap is Bitcoin too. For me this is the main reason, for me too Bitcoin is the most known cryptocurrency and most popular, that's why. Does bitcoin going up forever?
This can't be guarantee, but if you take a look at Bitcoin and how it works, it's likely you are right, especially the block halving event for Bitcoin and only 21m Bitcoin will be produced, which that gives you the answer.
|
|
|
Emotion is how emotion works especially for those people who can't control them. There are always second thoughts for them and I don't blame them, it's normal for me since I can experience it too. In trading, it's like, it doesn't mean you close your long position, it is not guaranteed it will go down that you can guarantee a short position or vice versa.
That's why trading is difficult and there is stop loss that can always save us for our trades.
|
|
|
I have already tried, Avalance, Polygon, Binance Smart Chain, and Solana Network. But the best for me is on Solana Network, if you try to explore the Solana network, they got very lot of options for your stable coins, but I can suggest you try Saber, add a liquidity pool and use the LP tokens in Sunny aggregator. Or try also the Orca in Solana network too.
|
|
|
I can share my experience here, I learnt trading on multiple platforms and multiple ways. Some people are more comfortable to learn on taking a course, so for me, it is always depends. Some people too are also competent when they are learning on the paid course, while some people are intended to learn for free and anything that is free. So, your choice here now, for me, there are a lot of free materials these days over the internet to learn something, especially in Trading.
|
|
|
Trading long Bitcoin on breakouts is not a bad move for me, especially breakout on an all-time-high. Some people also tend to open a long position on the pullback after the breakout, but sometimes it is not going back anymore after the breakout. So, it's difficult to be sure about this.
About the leverage you used, it is good for me, having low leverage on this kind of trade is good, make sure you don't forget to put your stop loss and price target based on your risk:reward ratio.
|
|
|
Any other settings that I can change to optimise metamask at cheapest fees? I doubt. But there is a way of adjusting the fee right before the broadcast, the transaction +1. Most of the functions on the settings of Metamask are only display settings of the extension except on the Network part which you can add other chains. Settings for transaction fees on the Settings page is impossible as for sure they built it to be reusable to other chains too. Adjusting before broadcasting is always the way to change it and I believe it is not difficult to do before doing transaction.
|
|
|
Bitcoin dominance is your friend here. Observing carefully how Bitcoin dominance move is extremely good to spot when will the alt season. Look at these days, Bitcoin is pumping too hard but most altcoins are not, that's the power of Bitcoin when pumping sometimes. Another scenario to observe is when, Bitcoin pump = alts pump (or Bitcoin pump = alts dump) Bitcoin sideways = alts dump Bitcoin dump = alts dump
|
|
|
This is like the 6th time that CMC makes me miss a good ICO, because they don't put any information about the timeline of the ICO if the coin it's not going to be listed on the usual exchanges (and the coin I've just missed was a big gem). (.....)
This kind of website should not be blamed since they are just putting every resource they can and available from them or they got data from other sources. For hunting such ICOs/IEOs or hidden gems, we should only not rely on one website or platform. @WalkerIVIV and @AmoreJaz list of suggested for ICO/IEOs or new coins offering are extremely good but there are still a lot of there outside especially on some chains, like Polkadot/Kusama which mostly they are on para chain auctions.
|
|
|
As we all know, Cardano is already here for a long time. For how many years, Cardano is still in the Top 10 even there are already a lot of alternatives for Cardano, especially the smart contracts platform, Cardano is still being on top of the high market cap so for me, I consider it as a quality project.
However, I am just worried about Cardano these days because of new alternative chains popping, I believe that there are still few developers who are building on Cardano compare to other L1 networks with smart contract platforms, like Solana, Ethereum layer 2 protocols like Polygon.
Very a lot of competitors these days for Cardano.
|
|
|
1. A feature that can have an option to add some 2 Factor Authentication (2FA) for sending or other wallet transactions.
2. A way that a wallet is becoming an exchange since I know some wallets there is a feature which you can exchange your coins to other coins. It's kinda become a centralized exchange somehow and later on users of a wallet will undergo KYC, but I don't know if this is a kinda big issue.
3. Coinoimi for me, this is the first multi-coin wallet I have tried since you can use it with desktop and mobile phones too.
4. For multi-coin wallet, I am expecting to support DeFi transactions like some wallets on browser extension (e.g. Metamaskl), for Bitcoin wallet, Lightning network feature/support is also good.
|
|
|
So first off, I was asked a phone number for a verification code and then, I had to scan my Bitcoin address QR code. I then inserted 100$ of liquid money into the machine and recieved a notification on my phone telling me that the transaction went through successfully.
Wow, it looks very easy and comfortable. But I am curious why they still need a phone number verification? What is the use of it? As we all know Bitcoin is decentralized, anyone can send Bitcoin to our address without any requirements? And for OP, how many estimated minutes did you received your Bitcoin to your wallet?
|
|
|
What I am worried about Axie Infinity is the future updates on the game that the majority of players will not agree with, this could be a massive downside for sure. But I am positive that the team behind Axie Infinity is extremely aware of this. But for me, Axie Infinity still got lot of room to grow since their game is still on Beta, so I am looking for long term for this NFT game.
|
|
|
This comes to my mind, what is/are the difference if you do spot trades and long positions with 1x leverage on the futures market? What is/are the advantages/disadvantages of 1x leverage on the futures market? Since as we all know, 1x is the lowest leverage, how does it becomes different on using spot position?
|
|
|
Try to use some decentralized platform if you are looking for high APY in staking. I already tried something on Solana Network, Avalanche, Polygon, Ethereum, and many more other chains. I don't think Binance is good for staking as they are centralized entity, so there are still risk, but even in other chains, there are still risk but it is much better than using centralized exchange.
|
|
|
|