I didn't have problems with Cryptopia, but the reality is that many people have issues with this exchange.
Does anyone know what is happening there? Why is there such a mess?
because they went from 20,000 users to over 1 million in the space of a few months. at least that's what they're saying started these problems. https://www.cryptopia.co.nz/News check the post from january 6th. it's now been a few months. volumes are way, way down compared to the peak so in theory they should be getting on top of things now. judging by the volume of complaints these days they're clearly not managing to deal with this stuff successfully. beyond the failure to nail any support requests they're also doing things like holding back byteball that belongs to their customers. even if they're not dishonest, their incompetence is bordering on criminal anyway. if they had half a brain they'd delist all those shitcoins and get to work properly. Even with the volume still being low, Cryptopia is still messing up badly. The days of these exchanges are numbered anyway and so many other ones that are in their category. What they are stating as the problem is crazy, and who forced them to allow such huge number of registrations when they know they are incapable of handling them. Of course, they are all after the money and the transaction fees and that is more like what these exchanges are good for these days anyway. |
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read whitepaper is a must to know the project objectives, realistic soft/hrd cap, team behind, developed product
Whitepaper doesn’t say everything about the project. Sometimes the whitepapers of new scam ICO’s or projects are made to look so legit, that it is hard for even an experienced trader to differentiate whether it is a scam project or not. Therefore, reading of whitepaper is just a part of research and doesn’t really prove that the project is legit and not a scam. Other things you should do is check its team background and follow the project as well as its team members on twitter and join their telegram group, so that you can get updates if they are doing something to develop their product or not and how far are they willing to take the project. |
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I am bagging more and more NEO because atleast its giving gas every month by holding in Binanace or Neotracker more over even i am getting some airdrop coins which is created on Neo blockchain . I woud say Coss another devidned giving exchange coin . Centra and powerledger these are best coins still undervalued.
Same here. I am bagging NEO too. NEO is a great platform and a great coin to invest in for a long term. NEO has no transaction fee and is quite faster. Moreover NEO generates passive income in the form of GAS coin which can later be exchanged for other crypto currencies or can be exchanged for fiat money. NEO also provides free airdrop of the project launching on its platform. Recently I received ONT airdrop by holding NEO. Its not much, but who cares guys its free money after all. |
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i am kinda new to Cryptocurrency .
i am going great in stocks. its really technical and fundamental kinda investments
as i see Cryptocurrency its alot more easy to invest and forget
should i shift to Cryptocurrency and start investing without tension and stress?
Investing in the crypto currency is a great opportunity to make a big profit. But it's also a big risk. And to decide only for you - are you ready to invest with greater risks? In this case, it is possible to get a big profit. The risk in the crypto market is not big at all. You just need to stay present-minded in order to enjoy what you are thinking about. There is no way that you are investing into right coins and are going to lose money. There are some useless coins in the pool of altcoins which may seem highly attractive apparently but in reality are scams or wastage of time. Crypto is better than stocks in terms of profits. |
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I think it's not a psychological problem but the problem is impatience in making decisions, selling or buying
Emotions should be set aside when doing the trading. I really wonder why is it called psychological problem while the only problem is that they don't stay rational and didn't stick with their plan. Maybe that trader you are referring to were the one's who aren't that focus and let disturbs their action plan. The reason why is because there is money involved. Imagine buying BTC at $20K and see it go to $6K. Unless you are a rich man or had a very small investment, you probably would of sold at a loss also. Well, should they not have known better how the market is highly volatile before investing and does that mean they will not end up still enjoying the benefit in the long run when market recovers? However, if we are to relate all this into trading, any sane and knowledgeable trader would have known when to get out at the top, and only a crook trader will buy at the top and get emotional to sell at the bottom and go back later to buy at the top again. |
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Im starting to trade and i want your opinion:
Do you think that if i buy "x" amount of BTC for any price below $10,000 USD will get me a profit on a long term (>1 year)?
I know is unpredictable but i want to know what you guys think.
Thanks in advance.
10 k is cheap price for buying btc. Bitcoin price day by day increase i hope after one year it price highly increase. so i tell you buy btc and hold it. Still if you are talking about buying at this price, I don’t think it is cheap. But yes you can buy some portion of bitcoins like 0.5 or more or less depending upon your affordability. But it is quite good and wise to wait until prices will get down again. This will come later but for better results you have to wait and be patient. Buying lowest and selling highest should be your strategy. |
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$100 does not sound realistic to me, may be after many many years it can reach there but not anytime soon, it has billions of supply and billions more are kept and controlled by the owners who can dump them anytime.
True. For XRP to reach a mark of 100$, it would require huge market capitalization which Is highly unlikely to happen for many years. It has billions of supply, but lets not forget that some part of XRP is burned in every transaction that occurs. So my analysis is that when major banks and financial institutions start implementing it, there will be transactions in trillions of dollars every day via XRP which will significantly help in burning considerable amount of XRP and therefore, the supply will degrade over time and the price of XRP will increase. |
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Product is very important in order for the project to succeed. Investors of course are looking for a product if they are sellable, useful or not. Having a good product is a key on the road to success.
It is the end product which really makes the difference as this is the only thing which you have in order to present it to the rest of the world. People are least concerned about the process which you followed or anything like that. The only thing which can attract tem is what you show them and how much attraction your final product has got and that you need to keep the audience interest in your mind too. |
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It hardly to present that Ethereum can rise to such price in this year, considering the behaviour of the crypto market today. If the whole capitalisation of crypto will be 2 trillion and higher than it can be so.
You can expect anything to happen when you talk about the market value of any of the coin. ETH is no doubt really a good coin and that it is very much capable of having some very good market value and that it is also having some very high demand in the international market as well because of higher usage of ETH for the sake of trading. ETH will surely have market value far more than that of 5k $. |
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Day trading is effective and it can be done with good planning and management if you are really passionate about day trading otherwise day trading can be a mess if you are doing just for practice purposes or time pass. Day trading involves a high amount of stress as it involves a number of trades to be managed per single day and for that, you need to be a proactive trader. Day trading needs high amount of care to be taken and you need to practise it a lot before doing it live, but once you master it you can really be a good trader.
Daily trading requires a lot of tracking and intelligence, which is not suitable for people without time. For this reason I always prefer long-term investments. If you have spare time, you can also earn from daily trading. Day trading is actually very much effective thing to do but only for a person who is extremely good at trading. If you are having very good expertise in trading and that you know all the things which you need to know in order to make better decision in trading, then you should definitely go for trading as it will then help you in making of more money as well as you will be able to get that on daily basis. |
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It changed the way we do business! It gives us a new means of providing funding for future projects. Albeit, we have some figuring out to do along the way the future is bright! eth is a great hold because eth is required for tons of other platforms to exist currently and for the foreseeable future as well. It has changed the game absolutely. Many coins now are attempting to be "eth killers" which i currently feel is a tough order to fill.
True. By the start of launching of ICO’s on the ethereum platform, project have got a totally new way of getting funded and help their development. Many good projects have been created on Ethereum platform and also million and billions of dollars has been raised for funding of these projects. Ethereum is platform for number of other coins and token and to hold them in the market, survival of ethereum is must. Though I think the only things that are keeping ETH on the top 5 list of coin market caps are its smart contract feature, launch of ICO’s and launch of Dapps. |
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Hi All,
I need your help and opinions.. I have $150 and might even go up to $250.. Should I invest in NEO or Ripple? Which would give the best Return
Well, that’s a real tough question to answer as both coins have good potential in long term as well as short term. If I have to choose one between the two, I would choose XRP because XRP has much more partnerships than NEO. Ripple has more liquidity than NEO. Also XRP is already in implementation in real world financial system and is also been piloted by many top financial firms and money transfer. XRP is providing solutions with the cross border payment and making them more liquid, cheap and more fast. XRP can convert one fiat currency to another in just matter of seconds and with low fees. |
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I am new here and I do really want to learn more about cryptocurrency. With my humble request, could you give any tips and helpful sites for my question? Your comments is a big help to fill my eagerness. Thank you.
Brother first of all ask yourself whether you are ready to welcome profits and losses with same zeal and spirit. Either win or lose, that wouldn’t be matter to you at all. You must keep this in your mind throughout the tenure and that will help you to make better progress. Whenever you encounter with some loss, remind this and plan accordingly because every loss have some amazing lessons. |
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I agree with your statement. Ethereum though is a great coin, smart thing currently is to invest in high tech coins such as NEO and ADA which have more potential than ETH and also both ADA and NEO operates smart contracts as well, therefore gaining the same advantage as ETH. Moreover the scalability of these two crypto currencies is quite more than that of ETH. NEO is said to process 10000 transactions per second. Moreover the technology beneath NEO and ADA are far more advanced than ETH. Though ETH will grow, NEO and ADA will show more progress and growth in market comparatively in prices and technology. |
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How do you even compare this two? over 80% of cryptos run of Ethereum blockchain. that alone is enough to show you how adoptable Ethereum framework is compared to the so called Ripple
Both Ripple and Ethereum are completely different worlds. It's comparing apples vs oranges. For once, Ripple is just a centralized payments system that has been designed to lower costs for banks. On the other hand, Ethereum provides smart contracts technology which allows immutable applications to run within the blockchain without the need of a third party or intermediary. While the coins mentioned earlier are different one from another, one of the advantages that Ripple has over Ethereum is its inexpensive fees. Also, transaction processing speed is fast when compared against Ethereum. This brings flexibility for anyone looking to send cheap payments from anywhere in the world in just seconds. Still, Ethereum is good for smart contracts but it is facing scalability issues. Hopefully, with the Casper PoS upgrade, Ethereum would become more robust than ever, with lower fees and higher transaction speeds. Nevertheless, Ethereum has managed to remain as the world's second largest cryptocurrency by market cap. Last year, Ripple has managed to surpass Ethereum in terms of market cap, but eventually it fell back to its original levels. Only time will tell what lies ahead with the future of these cryptocurrencies. Just my thoughts  Agreed, it is not at all a feasible thing to compare two things which are entirely different from one another and that too in so many ways. There is hardly any resemblance in between then and that ETH is somewhat more favorable coin too in term of investing of your money as it can help you in having greater profit because of greater market cap as compared to that of ripple. |
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I have been trading crypto-currencies for almost a year now, investing, participating in bounty companies and building my own mining farm.
I wonder how many more girls are in this forum?
Or who of the guys is teaching his girlfriends and wives to invest and trade in crypto-currencies? It is very interesting to me!
Well, a public pool might give the answer. That might be a new page in feminist movement) It is really a very positive sign to see the girls participating in different kind of bounty campaigns as this is really a very good way of earning some extra money which can help them in having an independent life too. In addition to this, this will also increase the market of the crypto currencies as the demand as well as the awareness of the crypto coins amongst the people will increase this way. |
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The ethereum is popular and has such a large capitalization, only thanks to the large number of ICOs. Sooner or later, ICO will go to the past and then the ethereum will become less in demand and will fall dramatically in price. For this I believe that he is not a competitor to bitcoin.
I don’t think that launching of ICO’s will stop until quite long. People will launch projects, ICO’s and Dapps, but all of it will be regulated in near future and it will be made compulsory for the devs to register the project or ICO under the government before launching it. Though the number of ICO’s will reduce, but this will ensure security against ponzi schemes and scams. Ethereum price will not fall as ICO’s are not the only thing that launch on the platform. Ethereum has smart contract and advance technology |
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I just don't get why people aren't trying to push good projects more than they are trying to shoot down everything
The reason people are not trusting ICO’s nowadays is because there are many projects and ICO’s being launched that are scam or ponzi scheme. They just collect money through pre sales and private sales from investors in bulk and then the coin is never launched on any exchanges and is neither listed on coin market cap. Though people earn those successful and good ICO’s no doubt, but people also lose money when the ICO is not legit and is just made to rip people off their money. |
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The analysis doesn’t seem interesting to me. Bitcoin to 3000$ seems pretty unrealistic to me. Though bitcoin has seems some major corrections and has dropped quite much, touching 3k$ seems impossible. If bitcoin ever touches 3k$, just imagine, how much the altcoins will drop and also don’t forget the total market cap. Such massive drop can only been seen if handful of governments ban bitcoin and crypto currencies at the same instance. Bitcoin can max to max drop till support of 6k$ and not below that atleast not in this year. |
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Please tell me your opinion?
I don’t think that bitcoin price is even a bit high currently after it has reached an all time high of almost 20k dollars. It seems like the correction phase is over now and any price around 8500-9000 dollars for bitcoin is loot currently. I don’t think bitcoin will ever fall below 8000 dollars again. So yes, I think you should buy bitcoin now and should not delay, cause once bitcoin begins to rise, it will be in matter of time before it reaches new all time high and you would regret not buying it when it was available for cheap. |
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