How will trade be probability based? When you buy potential coins or tokens and hold for a long-term base; why won't you be rewarded awesomely?. Imagine buy some good coins like bitcoin for trade and wait patiently before trade them, you will get huge profits on the long run without a doubt. Get you hands on a good coins and forget probability of a thing, do more research before venture into buy of any coins or tokens for long-term.
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The above peice of information are very good. Most traders failed because they lack trading integrity. Doing what is right nomatter the situation of the market according to your master plan which makes you to enter into the trade in the first place
You're right, as a trader ensure to strictly follow your master plans; not to get into the wrong hands during execution. Many traders had fall short of this and many had ended up bad. If you're to stop your loss kindly do when the time comes, when you define your percentage profit don't exceed your defined rules, integrity matters alots in cryptocurrency trade.
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Twitter said this twitter account hack was because one of their employees got socially engineered by a hacker. That's why the hacker was able to compromise these huge accounts. For me, the real problem here is the Twitter itself. A lot of people got pissed off of what happened.
My question is, do you think about what happened on this, does it affect Bitcoin? Negative or positive?
The mindset of humans are full of greediness, this was the problem of those that fell into this traps. But, the effect of this happened are going to be positive on the long run, because Bitcoin was just been used on Twitter by those hackers. Twitter are to be blame for this and maybe the world might look into an alternative to Twitter accounts, like decentralize social media. We shouldn't be greedy and also, we should always verify our information before act.
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Have learned to move-on whenever I find myself into any form of shits while carrying out my trade. Personally, I don't apply stop loss because of my personal experience, sometimes ago, I bought some coins #ARPA in Binance and went to trade them, I made some good profits and wanted to make more, but the market crumbled; but was Left without any options, a little holdups save my ass from loss to huge gains. In the trade I made roughly 100% profit with ARPACHAIN(let learn to apply risk while trade)
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Over the past few years, I have been horrified by the way accounts of various exchanges and crypto-related websites and individuals have been hacked by hackers. Is there any way to out of this insecurity? I think cryptocurrency will lose popularity if it continues like this, share your ideas on what can be done to overcome this situation.
This depends on the cryptocurrency exchange, some exchanges are the cause of their hacks, sometimes some of these hacks are been investigated and traced to internal involvement which we can wholeheartedly said they are the architect of their misfortune. Good cryptocurrency exchange can't be a threat because of their investment in their security shields against any hacks. When choosing your cryptocurrency exchange, ensure to put security first before making your coins deposits.
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Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters. I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.
So how do you indentify if the project is fake?
The truth is, many investors don't care to check their projects they choose to make their investment, this has made many of then suffered loose. Also, traders don't carefully embrace the power of investigation before buying into a coin to trade, many of then are been pump by scammers. For anyone to get fake projects will be as a result of greediness.
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There are several tools involve in checking dubious cryptocurrency projects, though, many of these tools are paid tools to expose the projects as scam. For me, I do more research into the projects to find some good profile team members photos and their social medias handles across board. Sometimes their websites creation through the help of WHO'S web analysis. There are good individuals who are good investigators, I so much respect them for that job.
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I like what bounty detective team are doing presently, there is no going back once a bounty got introduced by bounty detective because they use escrow, they handle the distribution at their own convenient time, you don't have to worry about not getting paid because all tokens are in bounty detective hand
There are some of their bounty projects they don't have total control, like Basic Finance project they promoted last time, bounty hunters made several complaints against the distribution by the team and Bounty Detective said they can't do anything aside the issue because the team project were the ones in charge of distribution, some hunters completed their KYC and were denied access to their login into their account.
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It's all about the utility of the project, if demand is high enough there won't be any damage to token value if bounty hunters dump their shares but mind you it also depends on how much tokens were given out to bounty hunters
That's true mate, good projects won't feel the impact of the dumpers when their project has more case use in real world than just virtual case use. Those projects with the right team members will survive any attacks from bounty hunters anytime than mere scam projects. Also, the value of the tokens in distribution matter for any project to strive during the dump, the lesser the tokens the better the token price.
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For me in the cryptocurrency space, no money is 100% safe, so is USDT. Although since the USDT was created it has a lot of bad news but it is the most widely used stable currency, and for me USDT is just a currency to avoid volatility not to invest so I do not keep USDT long time.
The USDT don't have the US government consent before creation because they are the rightful owners of the said digital coin, this coin pose much danger to holders in the future because their funds can be frozen without their consent. Holding this digital coin should be with care as the coin can be stop. Remember, the US government digital currency will be USD pair and for USDT to make it will be under probability.
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Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
That is great, transaction price of bitcoin became low already. I hope it won`t go high again like this past years and months, the transaction fee was very high. I hope that's the same as you. However, the cost of a bitcoin transaction depends on the exchange you are using. Not all exchanges have transaction fees; Which is more and which is less. The transaction fees of some exchanges are so high that it is really painful for us. More reasons why we should carefully select our exchange we love to trade our bitcoin or even trade our altcoins. I chose some good exchange and decentralized exchange like Binance among others because they are serving my purpose and still having a good fees compared to other cryptocurrency exchange. Also, Bitcoin transaction fee is always high during the weekends compared to non weekends, my transactions are carried out non weekends days.
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I think Twitter got hacked. Theres so many more people that posted this. Apple, Bezos, Elon, Biden, Coinbase... the list goes on. The scary thing is, this could have been used to do massive damage.
Sure mate, the damage has been done and the hackers has already moved the coins to mixers for cashout. This will portray bitcoin in a bad image in time to come even though not now. Those flowers of the affected Twitter handlers, would now see Bitcoin as a criminal digital currency and will be afraid to venture into it. Twitter should be blame for this, because they were not able to secure users data properly.
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Paying $1 million bounty for a social media account hack sounds desperate to me.
Possibly that's a cool one for anyone who can bring onboard the hackers information. Sentiment aside, I don't see this as desperate because the $1m doesn't amount to what the hackers gain access to (individual personal data and cooperations, including former US President). It could be just another publicity stunt but it's also possible he must have done some (shady) deals thru twitter PM's and he's afraid hackers will reveal it soon. It would be interesting if the case is the latter.
We'll know Justin Sun to be a smart business man, maybe he's doing something we don't can't think of. Although, for publicity that will be a good one for his community.
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I couldn't believe this when I was told about the happenings, these big social medias should be proactive in their doings as they have all been doing with what concerns the masses. They have been fighting hate speech and can't secure users data properly, this is unspeakable; storing such sensitive data on plain text which we'll know hackers can take advantage of is awkward. Hope they are held responsible for this and made to pay for the loses.
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Maybe this news is true, but there is more and more people getting into cryptocurrency usage. Another thing more and more cryptocurrency and blockchain related development is happening within India. In recent days TCS, one of the leading IT service provider have entered the cryptomarket. If the government isn't supportive TCS could've never taken the steps forward. Upon this there is very less chance of cryptocurrencies getting banned in India.
You are absolutely right now India is doing very good in cryptocurrency and just few negative mind peoples creating rumours about this few days back we have announcements from few big exchanges as they are going to invest and opening representative offices in India for better way so I am feeling India could be next big in this technology. Always remember that, the cryptocurrency market is full of rumors, this rumors help thousands to make their gains on daily basis. India as a country had been doing well with cryptocurrency and they want to ban it again. They have ban cryptocurrency several times and reverse their action, even though they succeeded with this, they will still unban again. Although, this seem to be aa rumor from cryptocurrency haters.
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Just to get it cheap will always get the humans to see things right anytime without investigate the sources of the gifts. Of a truth, obvious scams are what makes many in this industry fall for scammers, imagine asking the victims to send their hard earned money to get double of their deposits. That's outright greediness on the part of those victims.
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For Newbie How check Which bounty program is good or which one is Scammed and i have heard that many good ICO still not launching there coins
Don't rush into participating to new bounties on the forum, don't be so actions to grab huge token allocations to projects. Many cryptocurrency projects had gotten some ways to attract many bounty hunters to participate in their bounty scams. They always allocates huge amount of tokens to their participants. Read through their white papers and reviews before making your entry.
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I recommend using trading bots for trading on cryptocurrency exchanges, since it is almost impossible to predict the BTC rate.
If only it were as simple as you say. Trading bots do not always bring you profit. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) You are correct, many individuals thought the bot to be some good god for hunting the cryptocurrency trading platforms, this doesn't give anyone any assurance of making profits but it's likely to make anyone lost in some cases. Doing your own trading will be better than using the programmable bots to trade. Trade yourself and don't use bot to trade for profits, this is unrealistic sometimes.
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Waiting for some bull run to happen because it has been more or less stabilized in 9k to 9.5k range zone now it seems. Half of the July is over now and remaining half we will require something big to happen for markets to pull back towards 10k range zone
I think that price is like going back a little up today. The bulls are gradually preparing a move but sentiment is dragging price down. We could see price hitting above $9.5k back as it was for last week. The bullish momentum could have be possible, if the situations of things right now were stable. The current happenings would be disastrous to the bullish momentum of Bitcoin because headlines have taking into their propaganda against the social media that was used by the hackers. Although, the cryptocurrency industry has resistance against things that are not directly affecting them. Sincerely speaking, bitcoin has given it best to those who hold on a long-term than those on a short-term in regard to bullish.
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^••^ you're right because greediness was the major caused of these loses of Bitcoin to the hackers. The hackers pretended to be from real owners of the tweeters accounts to broadcast their scam promises to their victims. This should be more reasons while we should be more careful with free gifts from social medias, also, don't send anything to anyone when they request bitcoin or any other cryptocurrency. This has clearly shown that, any account on social medias can be hack, don't fall for things that seem unrealistic.
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