What do you think that DGTX can surpass 1$ this year or may it will remain below 0.10$
I don't think there is anyone here who can answer this question. Because no one can say how much the coin/token will be price increase in the future. If you think this coin / token has the potential to be $1 then you can buy. Considering the current situation, saying that the market has not yet taken any direction, market will go in any direction. So now no one can predict the future of altcoin.
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How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$) And one little big account (400$) in trading.
Amount doesn't matter everything depend on you. First you need to see if you have the ability to do day trading. If you do not have trading knowledge, you will lose small or big amounts in few trades. However, if you are an expert in trading, then you can increase your capital. You can increase your trading knowledge by trading with small amounts. Which will help you in the future.
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Currently the binance is the top crypto currency exchange. You can trade in binance. Because there is good liquidity in binance, you can easily sell and buy big amounts. But no exchange is safe. The exchange will only be used for trading. Never hold your fund on the exchange. Exchange owner can do any kind of drama at any time. So it's good to be careful.
I agree with you. Agree is currently one of the best (if not the best) exchanges for altcoin trading. It features plenty of liquidity and they've been around for a while now. Although a lot of people might feel otherwise but it doesn't change tjat fact. When Binance was hacked, they compensated users from their funds. I mean – nobody literally lost during the hack. Since then, I'm sure they've beefed up security. That aside, centralized exchange should mainly be used for trading purposes and not storing funds. How to increase security? 1. Activate both SMS and Google Auth. 2. Don't use APIs (even though it's safe to use). It's not just about security here. Many more problems are faced by different traders. Many times there are various problems in the account, which can be solved without much hassle. Honestly, when the whole system gets hacked, the security of your account will not keep your funds safe. The binance has returned the customer's funds, which is a good thing. But it also proves that binance can be hacked at any time. What if the amount of hack is greater than binance's insurance fund? That is why it is best to withdraw funds after trading.
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Currently the binance is the top crypto currency exchange. You can trade in binance. Because there is good liquidity in binance, you can easily sell and buy big amounts. But no exchange is safe. The exchange will only be used for trading. Never hold your fund on the exchange. Exchange owner can do any kind of drama at any time. So it's good to be careful.
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I need some details about this project "Hypnoxys". This token already listed in coinmarketcap and number is almost 16**. But I'm still curious to know is this project still legit to everyone. Here is some details about this project https://bitcointalk.org/index.php?topic=5110522.0Now investors are much smarter. They do not invest in any project like before. Before investing in a project, do a lot of research and then invest. The backbone of a project is the team and the Innovative Ideas. So no one should be investing without seeing these things. The project you have given is not a good project at all. And coinmarketcap just wants money they can do whatever they want when they get the money, so nothing special here.
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Most exchanges try to attract traders by showing fake volumes. Most of the daily volume that is displayed in cmc is fake. Even current top exchanges show fake volumes, in certain coin/token's. Since the cmc can be sent to the top list by sending fake data, the exchanges come to the top list with fake volume. As a result, Newbie traders are face various problems.
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We all are aware of bitcoin halving and most of the users are discussing about a possible bitcoin pump post halving which might or not not give pump to the value of altcoins. So do you think halving will provide openings for altcoins with a pump or altcoins will continue to be bearish in 2020?
It seems to me that people are now giving more importance to Bitcoin than altcoin. Because there are people in Corona panic all over the world this time. At the moment, very few people will consider investing. Those who invest will first they think Bitcoin is safer. If the Corona Virus 2020 lasts throughout the year, then there is little chance of recovering the altcoin market.
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Altcoin is a money making machine for ico owner. Which robs investors by ico. If we look at the entire altcoin market, we can see what a scam has already been. Most altcoin pump and dump have trapped traders. And many altcoin ico escaped with investors money. I lost all my bitcoin on the altcoin market i will never trade altcoin anymore. So those who have fallen into the trap of altcoin, now they only hold Bitcoin.
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There are many frauds that steal people's information and fill out bounty forms. Maybe someone else has used my information and I don't know right now. Maybe if I verify, I can see that someone has used my information to make an entry. To stop these activities, the bounty manager needs to be hard. Bounty manager needs add more hard rules. Yes it does require a lot of hard work by the bounty manager. Besides, it is not possible to stop such bad acts.
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The funny thing is that they still uses such techniques. This is another spam token. Stay away from such tokens. Earlier scammers have fooled people with such tokens. There are many old techniques of confusing people with this useless token that no longer work now.
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Each dip will give you a chance to accumulate more Bitcoin. And that's what all smart traders do. Always trade in the spot market, never go into leverage trading, it's a risky system that will take away all your funds. I know many trader who lost their all money on leverage trading. I'm still trying to buy Bitcoin worth $ 100 every month. Which I will hold for the future. Because bitcoin have a bright future.
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Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K. Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper? Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
Why would you trust an Exchange CEO's tweet? I have seen almost every CEO who influences retail traders in a different way. They will encourage you to open your position, so that they can liquidate your position later. Even same case with the binance CEO's tweets, many trader open counter trade if he tweet any market price related topic. And its success rate is much higher. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) So stop following such people. They all are businessman they always encourage you wrong way. So it all depends on what you want to do.
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It has been a wild ride for ripple so far this year, with the price dipping to $0.26 and then quickly regaining to $0.29. This comeback has analystshitting Twitter to predict that XRP may see the $1.00 mark by the end of 2020 and here is why: https://crypto-current.co/ripples-xrp-could-reach-1-2020/ Do you think XRP has the potential to hit $1.00 by the end of 2020? In the current market, this target seems big. The market is not yet stable. The price of altcoin depends on Bitcoin. If this year is good for bitcoin, then expect something better from XRP. But in the current market, it is difficult to predict anything. The $1 target for XRP seems big. Let the market move at its own pace, time will tell what is really going to happen.
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Don't do anything which you don't know. Trading is not a easy job or money making machine. There are many who come to trade, looking at screenshots of another trader's profit. No one can learn trading in a single day. This requires hard work. I have seen many traders who have been trading for three to four years yet do not call themselves trading gurus. So Newbies those who come to trade, increase your trading knowledge. Otherwise, the market may not give you second chance.
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Currently, USDT daily trading volume is over the Bitcoin trading volume and fourth highest market cap according to Coinmarketcap. My opinion is We can't trust the centralized stable coin to keep the money. Also, news around the USDT is not good, and it may be shut down by the authorities.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
USDT is a stablecoin. Which traders use when they trade. USDT claims 1 usdt backed by 1 USD. But reality is something shady. No one knows exactly how much usdt's original supply is. They everyday print usdt as much as they want. I certainly wouldn't tell anyone to use usdt. It's hard to believe those who keep everyone in the dark. remember at one point USDT team admitted that they are not 100% backed by US$..i think up until now they are still not saying the absolute truth regarding their reserves..so holding it long term is really a no no...youll never know whats gonna happen once one of their team members decides to quit or run away.. Yeah. This is a hidden secret. Usdt never gives any information about their reserves. No one knows how they add new supplies. If you look at their current marketcap you will see that a large amount of usdt has been printed in these days! Why add so much usdt? Who bought these? None of us know the real truth. So this is a risky asset, for long-term hold.
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Yet I'm not confident. You may have noticed a breakout in your analysis. But with the sort term chart, it is difficult to predict the next market move. I'm looking for something that will give me the confidence about next upwards move. The market has suddenly pumped up. So it's hard to guess anything right now. The economy of the world is getting worse day by day. Suddenly a bad news could collapse the Bitcoin market again.
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Currently, USDT daily trading volume is over the Bitcoin trading volume and fourth highest market cap according to Coinmarketcap. My opinion is We can't trust the centralized stable coin to keep the money. Also, news around the USDT is not good, and it may be shut down by the authorities.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
USDT is a stablecoin. Which traders use when they trade. USDT claims 1 usdt backed by 1 USD. But reality is something shady. No one knows exactly how much usdt's original supply is. They everyday print usdt as much as they want. I certainly wouldn't tell anyone to use usdt. It's hard to believe those who keep everyone in the dark.
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This isn’t a scam... I’m in the discord server. Why don’t you check it out to see if it’s a ‘scam’
Have you created another account to shilling? Do you know that people are not as fool as before? Now by doing such thing, people can no longer be fooled. So there is no benefit opening the alt account and screaming. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Name: Rustiskewl Posts: 1 Activity: 0 Merit: 0 Position: Brand new Date Registered: Today at 07:29:12 PM Last Active: Today at 07:29:42 PM
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On the bright side, LINK is trading in green in a very shaky market. Looking at its performance, Chainlink is one of the highest trading cryptos today and it is still improving in the market. Still, I'm not convinced if that is the project I should invest in. I'm following all their updates and so on, but I would really appreciate your opinion on that.
At the moment it is difficult to suggest an altcoin. Because anything bad can happen at any time. However, I found that the chainlink team is working hard for development. Chainlink 2018-2019 ended very well. If we look at the market price, we can see how much has gone up in these two years. What has been done before may not happen in the future. If you think it will be a good investment then you can invest.
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The Bitcoin Market appears strong after a huge collapse. If you talk about the last market dump then there was only panic. There was no analysis work. Yes Bitcoin halving is coming which will give Bitcoin price a boost. But I think after bitcoin halving, the real bull market of bitcoin will start. We have to wait for that.
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