5% per month is fairly too reasonable to ask, I know of some experience traders who make an average of 20% profit monthly. I have in the past invested with them with 10% return monthly and capital back after 6 months before I decided to learn trading myself. The best recommendation is to trade yourself, though it requires a lot of learning and skills. I do not trust any investment site, there are usually no guarantee as one can lose or get scammed afterwards.
Pretty reasonable I must say and as long as you can trade well, there is no market you will trade, that will not be able to give you something like that. It is however a very good way to approach the market, as you would not be so keen on looking for a big win and all you are so much concerned about is how to at least, make something substantial and you will realize that as long as you can keep executing your plans well, you won't be over working yourself and your emotions, and you will easily be able to hit your target and even more as time goes on. What has put a lot of people into trouble is that they were just busy looking to make all the money they can think of overnight. Bitcoincahs is 13% up in last several days, its easy to make much more than 5% profit monthly. Observe the market and try to pick just top coins, even thou little ones can rise much more they are more risky. With top coins you always know that in some moment prices will rise. In trading with cryptocurrencies everything is possible, even to lose money, don`t forget that so be careful with your trades. I learned that in a hard way, now I`m more long term trader, I wait moment to sell. That is actually something that will depend on your style of trading as well as how well you are able to execute your trading plans and strategies effectively. However, the fact that BCH moved that huge does not mean you will always get to see that every time and sometimes, you may even miss such trade, and probably wait for a retrace before even getting in. What is important however is to always have a strategy to approach every trade and make sure you execute those strategies with huge discipline as the case may be? Market is always going to be unpredictable, but I believe with a good strategy and execution, 5% is not something that would be hard to get. |
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Would you rather if people were running around screaming fire? Of course we are calm, we are used to this by now. Bitcoin always goes up and down and bitcoin always stays stable between the swing times. There is no need for panic and certainly no need for a call to arms. I am honestly starting to think maybe people do not want the best for bitcoin, sometimes I believe people just want bitcoin to crash and burn so they can be rid of it and continue their lives.
Hell even I feel that way sometimes, my life is so attached to bitcoin that sometimes I feel like I am the prisoner of bitcoin. However no matter what, we are here and it is us that will decide the future of crypto currency, not governments, not regulations, not banks. No matter what they try to do, if we want bitcoin to go up and buy for it, it will go up, if we feel like bitcoin had its time than we will sell and it will go down.
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I am using decentralized exchanges for trading as they list coins I cannot find elsewhere. They are hacked sometimes, not user
friendly, having low volume and very bad support. Centralize exchanges are more safe ( the good ones offering refunding if hack happens ) .
Binance is opening a decentralized exchange as well, hardly waiting to see how it will look like.
Decentralization is better, because all transactions are more open, meaning they can be monitored because the server is not centralized. If centralization can occur data manipulation or prices that are very detrimental to the users. Therefore, many countries, especially developing countries, still apply centralization in everything, including trade. There is actually no doubt that decentralization is better, but these days it just seems that most decentralized exchanges are not getting it right. For most part of it, we have seen a lot of laggy issues, low liquidity when compared to centralized exchanges and then some serious breach in security that has affected user’s funds. Also, recently there is a thing about some of them like Idex, making plans to turn to a hybrid exchange or thereabout by enforcing KYC. For a decentralized exchange? I really wonder! |
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as long as the government does not legalize crypto, fiat will not be replaced. because without the intervention of the crypto government it will only be an investment tool.
Even if government ends up legalizing cryptocurrency, it will end up being regulated and of course it will be limited in a way, so whichever way, there would always be a room for fiat. Government love being in control, and trust me, there is absolutely no way they will make fiat end up being rendered useless, and even if they do not, there is actually no way fiat will become useless in the long run, as this is a system and one way or the other, it will keep being there and in the end, cryptocurrency will just be another alternative form of payment but we all know not everyone will end up using it due to some limitations or the other globally, and that simply still keep making fiat relevant. |
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Falling stocks in the stock market can have positive consequences for the cryptocurrency market when the money of disappointed investors is transferred here.
Well, it is normal for a lot of people to want to attach stock and cryptocurrency behavior in a way, but so far, we can basically see that stock market is trying to make a huge come back. Not sure what would have fueled the drastic drop in price at first, but like some assumed, pretty much the institutions have just decided to ride on the regular and retail investors, thinking the stock market is due for a huge correction. I guess we just have to wait and see how the whole thing will pan out, and then we will see what will be happening next. The crypto market however is still trying to find its bearing. |
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Monero is the winner for me. Dssh I'd the runner up but it seems that recently, the foundation appears to be taking a very corporate approach. Nobody would guarantee that in the future it would be as reliable it its structure keeps becoming more centralized.
If we are actually to look at the way things have been and the most used privacy coin so far, I would say Monero will do it for me, but looking at the real world and how completely privacy coins may end up suffering a lot with the existence of regulations and government trying to tag down on this one’s as a result of AML policies, it may be hard for any of them to thrive if there is a clamp down on them. In a way, they will be easy to attack if government through regulations call out for the delisting of privacy coins which in a way will affect them pretty bad. Just thinking of possibilities anyway, with the market maturing every single day and tending towards regulation. |
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Yes I really know how it really feels when you have a token who have a high market value in some time but suddenly its market values goes down the drain and you feel very sorry for yourself that you were not able to cash it out during those times that it had a high market value, so next time around don't hold back! cash out as soon as possible while the market value is hot!
I believe as time goes on we will always have to learn from every decisions we make, won't we? I believe that HODL mentality is something that a lot of people are beginning to regret but the truth is that, there is nothing to regret there, considering the market will recover, and it will all be good news at the end for most people. One thing I believe is that this is still a growing market, and even if you want to take advantage of the fluctuations, I believe you will still have to learn first, isn't it? So, there are just two ways about it, which is either you have the knowledge to trade the market pretty well or you do not and you just simply have to hold and move on with other things, to come back in the future. |
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Advise projects in which it is worth investing ?
Create a system of criteria that you can use to choose which one is good to invest so that you can use it in the future as well unlike when you're just asking for bias opinion of others that can be not as valuable as your own research It absolutely we can't just rely of what the others saying, instead will do our own discoveries and research to find potential project that is worth to invest. This is a way also to familiarize the market and it give us more knowledge. Tardiness will never give us profitable and never give us improvements. Do your own research! I am sure that cannot be overstated enough in this forum for a lot of people to get their mind set that no matter what, they should make sure they are at least doing their own possible research and making decisions based on what they see and not based on what they are being told to do. People should not that this is their money we are actually referring to here and if they end up profiting, it would be in their best interest, and if they end up losing, it is always going to be their cross to carry as no one will do that for them. So knowing what to invest in should totally be based on them. |
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The best exit strategy is to not exit. Why would you want to take your profit in depreciating fiat currencies instead of keeping it in Bitcoin, an appreciating asset?
Keep accumulating as much Bitcoin as you can and only spend it when you absolutely must. By all means spend some Bitcoin to buy enough fiat currency to trade for whatever goods or services you require but don't spend your bitcoins unnecessarily.
Agree 100 % Only if people actually understand what an appreciating asset and a depreciating one is and they even understand the full disadvantages we have had in having to be in fiat over the years, then they will understand why bitcoin has a great value and will keep having huge value over time. It will take someone who is well vast and have the basic knowledge and understanding of where they are investing in that will know that they have a lot of things to gain in the long run, by seeing bitcoin as a good haven for the storage of value of what they have and in the long run, what they should even expect more is an increase in value. |
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Now I transfer all my altcoins to one exchange. It's Binance. I like this exchange more than others. She has a good level of security. I also find it very convenient that there is no need to use two-factor authentication
Of course, what would you expect from an exchange where you can get to make use of a lot of features and then get the trading fees a whole lot more like close to zero which makes it pretty easy for day traders in all perspective. For me, Binance is the main big deal when it comes to exchanges at the moment and the volume is even one of the reasons I have come to fall in love with it, but normally, what would one expect anyway, as long as the exchange is really doing pretty fine, more people will always want to be a part of it. |
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I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / Btc and stop if and when surely it will go above that level. Basically i' m taking advantage of BTC "cheap" prices to speculate on the future value (probably a few Years) for future spending, selling, or simply storing it. What do you think about it? I want to set a limit somewhere and i think if price stays above 10.000$ it will mean that banks and institutions will have entered the market already and i will simply enjoy the profits. Does it seem like a good plan? i really believe that Bitcoin will become very very valuable in the foreseeable future.
It is not a bad plan for you considering that it is more of a long term plan and you are seeing an opportunity in taking advantage of the dips which is always a good thing as far as I am concerned. One thing a lot of people do not actually get to realize over time is that this space has been growing over the years, and basically it has not stopped growing at all and there is still more room to grow, so the best in most cases at times like this is to be taking advantage of the low prices and looking forward to the long term and this seems like a perfectly well placed plan. |
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I think that is a little overfetched to talk about blockchain adoption within 3rd world countries. Yes, there are some countrie sin Africa which have high life level but in general people do not means to use digital payments of any sort.
The thing here is that as much as there are countries in Africa that have access to internet, if we are looking at the overall population, we will understand it is not actually something that is applicable and only applicable to just some small part of this region. Africa is a continent that despite the fact that they have almost everything you can think of when it comes to natural resources, they have just one thing in common that has always been their problem and that is basically bad leadership, which is one of the reasons that have made it stay aback in development over the years. |
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Last year there was a boom, now there will be growth when the market is ready for this, when there will be a full infrastructure, we will be patient
It might take years before the main currencies (referring to Bitcoin and Ethereum) properly scale, which leads me to believe that we shouldn't hope for anything similar to what happened last year on the way up. Bitcoin hasn't seen much of an actual on-chain throughput improvement with SegWit being partly adopted, and Ethereum isn't even remotely close to have some kind of scaling solution be ready to roll out publicly. I get it that people want to see the price increase today rather than tomorrow, but what's the point if we yet again are reminded of how easy it is to cripple this ecosystem as a whole? I'm certainly not in for that. I would not be putting so many minds on regulations and exchanges being the problem, I would rather say people’s mindset on its own is actually one major thing that needs to be worked on as the case may be over time when it comes to taking this space as a tool for payment and not just some speculative asset. I have no doubt that when we get to see the scaling issue resolved, the likelihood of seeing development that would set the space up for mainstream adoption will be there, but at the same time, I would not expect that anytime very soon. |
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The question is not if it would happen but when; and the answer is when people start accepting crypto currency and start forgetting Fiat. Countries would line up to create their own coin so that they could still habe a hand in controlling their economyfor themselves. They can manipulate prices and blockchains because it is their own.
True, because at one point or the other we are definitely going to see this happen. We are already seeing it happen actually; as we have seen some countries trying to take the bold step, although not in a way that would require applaud. Even before we start seeing some level of usage in the space as well as adoption, I am pretty sure, gradually, the government will start seeing to the use of blockchain technology and in this case, they will definitely end up coming with their own centralized currency on the blockchain, try to implement a cashless age, and of course, there will be no need for the printing of money anymore. |
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Avoiding spreading false information because that's leading the community to react quickly.
And if you caught someone spreading that type of info then you have to inform him that he shouldn't do that. As you've said, he needs to validate his information first before spreading it. We know on how quick news are spreaded throughout the web.
But this is something that is really difficult to do in this market, I say this because as we know there are people that are interested to spread FUD because they want to benefit from the panic created by it, this no longer works in bitcoin but it can work in smaller communities, in fact I have seen this in action where FUD was spread and some people began selling their coins for 10% of its current value. Even though there are people interested in generating FUD out of nothing, we still have to realize that for this space to grow, people need to understand what they are into first, as this is what would make the idea of FUD not even a thing to pay attention to in the first place. The reason why a lot of people pay attention to FUD and tend to act so much on it by panicking is because they are ignorant of the space they are in and as long as you are ignorant, it will be very hard to even realize that some steps you are making are wrong. |
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Well, you can find success in gambling or you can play for fun, I don't gamble a lot but I have been trying some EOS casinos lately, I've found EOSPlay ( www.eosplay.com) to be one of the best, good looking and totally fair, I've won a decent amount of money playing the lottery, not saying I have a winning strategy or anything but you can get decent profits gambling if you don't go crazy. True that, if the motive is fun and enjoy, 100% success is guaranteed. If anyone goes for money as I did at the beginning, they will just disappoint themselves after a few a round of gambling. Dice is a game if with a good house edge, gives both fun and earning as well. Also, I like playing Poker where I am semi-successful in both the terms, be it monetarily or be it having fun, as I do win hands, also often consecutively many hands. Well, that is if the motive is fun but in the real sense, how many gamblers actually gamble for the reason of just deriving fun from their gambling activities unless they actually just get to use it to control themselves in most cases. One thing with gambling is that you cannot win all the time, and even if you win at all, it is something that can only happen once in a blue moon and the odds of losing are more than winning, so in that case, anyone that does not comes in term with reality to know there is nothing they can do when it comes to winning or losing as it is all basic luck. |
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So lets get this straight, you think the economy will crash in 2019 and you assume it will be because of some sort of natural disaster, and your reasoning is because natural disasters can't be "foreseen" ?
So, if they are unpredictable and can't be foreseen beforehand, how do you think there will be one in 2019 that has a global consequence ?
You are basically telling people something is can't be known beforehand and that is why you know it will happen, that makes no sense at all and honestly takes out all your credit and makes all of what you said seriously ill judged.
I think the crash already happened with american stocks and all crypto world. 2019 will be much better year than every other year, the american 2020 voting will probably start soon and president candidates will start to go around asking for votes and I think that would create another "lets wait and see" in the world which will make the market not collapse for another while.
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Not this year if i have to speculate it regarding on the status of bitcoin. It might be next year that the price of bitcoin will rise drastically again that may even break the 20,000$ all time high.
Same here, I also bitcoin can't able to reach that $20k again this year because the market is often bearish for the past nine months. There is still no clear sign of bullish trend in this 4th quarter and the price growth is still slow compared to last year. For the past few weeks, bitcoin experienced some price uptick or slight increase of price followed by dip again. $20k might be reach again or even surpass it next year if the factors for reaching higher growth are present. Yeah we don't know when this bearish will end but $20k will certainly happen again but maybe not for this year, we are still stable at price $6k and maybe there won't be many changes until the end of the year, I really hope prices can be better next year Of course, one thing that I am sure of is that bitcoin would one way or the other switch trend and we will get to see the market really getting to grow pretty big in coming years, which makes me not to even bother myself about what we are going through in the market currently, as it would most definitely pass away. Will we ever see $20k again ? Absolutely. I am so optimistic about that and even more, but one thing for sure no one can tell is when, so patience is all that is required and at least some knowledge if you want to be taking advantage of the short term fluctuations. |
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Of course, the person that is giving their private key to other users is stupid enough. Make sure to treat your account carefully and if possible, never expose it online.
Possibly, a lot of people do not understand the importance of the word private, which makes it not to be for the public eyes and in short, its safety is totally dependent on you and how you store those private keys. This is the main reason I always say that rather than putting your private keys in different places, it is always better to at least get a hardware wallet for cold storage as the private key is stored on the device. In that case at least, you have your full control. Also, asides that, you really need to be watchful where you are entering your private keys in most times. |
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Yes, you are right. This is the best time to purchase bitcoins and altcoin.
in my opinion, anytime is the right time to buy crypto currencies and start investing if you already know all the risks and you have confidence in the coins that you invest smartly to take advantage of all the possibilities and opportunities to gain profits in investing For anyone who is smart enough to know that we are in a dip already, most of the markets have hit their historical bottom, there is a chance for reversal at any point in time, and the chances of seeing the market doing some pretty big move upward is there, then they will know by themselves, that this is not a bad time at all to be buying. Usually, the best time to be buying is when the knife has dropped, and you would not miss the chance of experiencing some good growth eventually in this case, which is what I believe, should be anyone's target for the long term. |
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