im new in this trading.so i dont how to start.im affraid to do something wrong..help me please 😊
You do not have to be afraid to make mistakes, sometimes in trading, we will be aware and get a lot of profit is to make mistakes first. The key is only one, if you make a mistake you are able to make an evaluation and do the right thing to your mistakes in the future.
|
|
|
Most of the cryptocurrency price movements are influenced by news. I think the news is the main benchmark and used by investors to buy and sell cryptocurrency. So this price makes the price of cryptocurrency very unstable, and this is also an opportunity for some people who cannot afford cryptocurrency at high prices so they spread FUD and can make the price decrease.
|
|
|
I don't know what is happened to bitcoin it price day by day down now trade is very difficult for new trader hope this month bitcoin again rise
Yes it will be difficult for you, trading in bitcoin is not just merely trading. Many factors that make the price will decrease or the price will rise, and this should be known by a trader. I am sure if you are a trader who has knowledge of cryptocurrency will not say 'trade is very difficult for' and 'I do not know what is happened to bitcoin it price day by day down' learn more about trading that's the first thing you should do best.
|
|
|
The government will have thought of the analogy you made, selling the car with cryptocurrency and the government will get taxes or sell cars with cash and the government will not get taxes. If it is true that cryptocurrency is accepted by the government and the government will get a share of each transaction from each cryptocurrency user, I think cryptocurrency users can trick the government.
I mean, every user can exchange cryptocurrency to fiat currency and the user will make payment with fiat currency with the reason to avoid tax by a government. The thing of tax government will have a smart to set up, and if only rely on taxes alone the government will never to think and accept cryptocurrency. But I hope if the government accepts the use of cryptocurrency they see in terms of function and benefits that will be generated.
|
|
|
Just play, each development of the price of cryptocurrency is not determined by the time, as long as the cryptocurrency market is in the bearish time area it will only make any psychological user will be disturbed. They will be fixated on the decline in price compared to the price increase. The fundamental factor will dismiss all your views about the 173 days or wherever it is. Cryptocurrency markets can rise within a few moments, entrusting to the fundamental factor is the best thing for an investor.
|
|
|
In my own opinion I think this is the right Time to buy because as we can see now. If you look in to market all price is down.
If you see bitcoin prices last night bitcoin prices are in the range of $ 6600 and now decline to the price of $ 6400 and occur at altcoin prices based on https://coinmarketcap.com/ This proves the cryptocurrency market still has a downtrend and still continues. Looking at the example of bitcoin price movement if you buy bitcoin at night you can get a loss of about $ 200, I think that's a big appreciable. So, for me to start trading or investment you can wait a few days ahead and still look at the development of the chart, based on it you will have a little risk.
|
|
|
Good article, is that mean bitcoin will recover again in less than 30 days? Actually, some users are wonted with the drastic price reduction of bitcoin, instead, they make the opportunity to buy at a cheap price and sell back when the price back up. This is what cryptocurrency users should do to bring some people who do not have a better understanding of cryptocurrency, so if this happens again they will stay silent and invest in cryptocurrency.
|
|
|
Yes why not, but when you want to invest in altcoin much to be considered. Investing in altcoin differs from bitcoin investments because bitcoin investments no matter how bitcoin prices decline there are still many users who believe bitcoin prices will return to their original price or even exceed the original price. Surely this belief will make bitcoin prices will always have a high price. Unlike if investment in altcoin, if it decreases only a few people will expect and buyback to make the price back to the original price or exceed the original price.
|
|
|
I have never bought a token that new entry listed in the market. The risk for losses is huge, because not necessarily the token will return to the original price. The new token is still less interested and depends on the developer if they keep trying to maximize their roadmap and convince every investor then the token will have a high price. In market conditions like now, I only dare to buy tokens or coins that already have a large market, at least in the top 100 position in coinmarketcap. The top 100 coins already have a lot of investors, and the trader on the coin it would have been a lot, so if the price goes down I'm not too worried because the price will return to the original price.
|
|
|
If you incur a loss when selling at a $ 6500 price the option to sell is the wrong way. To get profit in bearish trend is very difficult, you can wait and hold until the price back up above $ 7000. I think it will be temporary, next week bitcoin price will go back up. This is the lowest bitcoin price in the last few months, many people already thought this was a good time to buy and would make the market go back to green.
|
|
|
So, you are very sure cryptocurrency will be accepted by everyone, especially the government?
Much needs to be addressed to make cryptocurrency acceptable to everyone. Until now there are still many people who do not like cryptocurrency system, especially the price problem is so volatile. Someone will not be calm if has cryptocurrency, this is felt by myself. While you say cryptocurrency will make banks and fiat money destroyed, it's too early to say such a thing.
|
|
|
Blockchain is a future technology that will be needed by every human being. Like the internet at the moment, I read the earliest history of the internet and the case is the same as the current blockchain. Humans will only use a technology if some people have used it. And the function of blockchain will be very helpful for life that is mastered by digital. I think bitcoin will have the same fate as blockchain, because these technologies will need each other.
|
|
|
I am a gambler who just play dice, and I always use bitcoin to get started. And I guess bitcoin always the first choice of every gambler when starting gambling. What I feel is to gamble dice using bitcoin very easily, be it for deposit or withdraw if I get profit.
|
|
|
which is best cheap altcoin to buy at the moment?
Altcoin which has a cheap price is much, even the price is less than $1. But to determine the altcoin has great potential it is a bit difficult. Someone cannot predict the altcoin will have a high price in the next few years. I personally have the thought that altcoin in the top position will always have great potential, so I always buy altcoin which has a cheap price and is in the top position like Stellar, Tron and others.
|
|
|
Patience should be supplemented with a distinctive understanding of cryptocurrency. It is useless if someone has high patience but understanding of the future of cryptocurrency is less, the patience will be useless and will only rely on scorn and loss. The best way is and certainly will benefit greatly in the next few years is someone who has a high patience and coupled with a good understanding of cryptocurrency then he will get a big enough profit. We will not always understand that our brains will think bitcoin will have a high price in the future, and this can serve as a field for profit.
|
|
|
Actually the basic concept of trading is not complicated and quite simple 'buy when the price is cheap and sell when the price is high' this is the basic theory that should be noticed by every new user. But the rest is the science of practice, in practice one will find new things that must be noticed when doing day trading. Actually the concept of trading cryptocurrency with other trading places like forex does have similarities, just different terms only.
|
|
|
Hello, Which Altcoin you are looking forward to invest on ?
For investment in altcoin I always see the altcoin position in coinmarketcap and I will choose altcoin in the top position. A minimum I should have invested in altcoin 2-10 top position. But I always invest in and I will add if I have money in Ethereum, EOS and Tron. If you see the price movement of the three altcoin is indeed very impressive, especially EOS which every day shows a good price increase. In addition I am interested in investing in Binance (altcoin) fixed when looking at good price movements, I think will give big profits in the next few years.
|
|
|
The goal is the same to get the profit, but if I see the process I recommend to buy bitcoin in the ICO appeal. We never know the credibility of the ICO developers so the risk of losing money is very high, and to determine the ICO will have a lot of interest in the market we will not know it as well. In contrast to buying bitcoin, bitcoin already has a good market that will have many investors using bitcoin, this indicates if bitcoin will never have a low price so it will suffer a high loss.
|
|
|
Hackers are part of the risk when investing in cryptocurrency. Actually all the wallet used has a high security system if all users optimize the security system in the wallet. If the user uses all the security systems in the wallet you can be sure that almost 99% will be safe, and I have a little suggestion for investment and you will use online wallet I suggest to use local exchange, because its security system is better than exchange.
|
|
|
How they can earn money for daily need if only depends on the crypto?
Are you sure that doing a job in the real world will provide a guarantee of life in the future? I guess this is someone's choice to focus and leave their work for the cryptocurrency. Trading can provide income, investment can earn bounty campaign earnings and a signature campaign in paid with bitcoin will be the same provide income as well. It's been a year since I left my job and focused on cryptocurrency, and all this time I have survived by relying solely on cryptocurrency. And even I am happier having chosen cryptocurrency to be a source of income. I am freer to work and will start a business from cryptocurrency.
|
|
|
|