But in crypto , they are totally unpredictable so even experienced trader can experience losses !
Yes, trading plan is minimalize the losing chance or controlling the trading !
Just want to say for preparing the worst when you decide to keep trading on it
A trading plan is needed despite the fact that the crypto market is volatile. Simply you should make corrections in this plan, and also make it more flexible. In other words, you should work out at least 3-4 possible scenarios of future behavior of the cryptocurrencies, and make a plan for each of them beforehand. Really, this strategy works always, and not only in a crypto world. |
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I don't think that ICO market is dead but the big selection will be made. At one moment so many new coins appeard all the time but their background and perspective on the market was bad and everyone was only looking for quick profit.
That is changing, we will probably escape the flood of new ICOs but I think the quality and investment potential will be better.
Only 11 projects (I mean ICO) turned to be successful, while over 90% of the other ones were found to be fraud or scam. ICOs are not trusted anymore, but they are not dead yet. Probably, their leaders will find the best way to get out of the dip. For now, people trust IEO as at least, they feel that their funds are protected by exchangers. However, time will show if they are as safe as they seem to be. |
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The Chine-USA conflict which is a real trading war already has affected the market. Bitcoin has gained more popularity and the number of financial deals with it increased by over 280%. At the same time, gold became a bit more popular, but not as much as BTC.
As we see, investors, especially, the largest one consider Bitcoin the better asset for now, but it still does not mean the BTC victory.
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Conclusion You can`t teach old dog`s new tricks, especially when those new treats threaten their old ones. *looks at that last two guys on the list*  https://giphy.com/gifs/fZYpipNos2ZxuIdMoHElon is right, he is also right about future AI wiping us out faster than we the think. Actually it already did and we live in its simulation already For the first time, Elon Musk openly shared his opinion about Bitcoin in 2014. Then he called the first cryptocurrency a good thing and added that, most likely, it will be used for illegal transactions. Later, said something like hat money created using cryptography is much better than pieces of paper printed by governments. Musk swears that he does not have many BTC, but I doubt it. |
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Sounds like a good idea but do you think that economist does not know this? The idea looks nice but have you ever thought of the effect of it on the society? And have you ever seen the effect of printing of too much money before and even if you suggest it gets burned, but in a lawless society, do you think they will be able to follow that rule strictly. I think the taxing system is better of that what you have here brother.
We can only try to fight for a reduced tax on the society but not to fight against its policy, tax is also what is used to bring law also you know. Look at the use of electricity, the tax they pay on that would make anyone no to waste power, so that has also help to put order aside the development of the country you earlier mentioned.
To fulfill its functions, the state needs financial resources, which it receives through taxes. Therefore, the state cannot do without taxes. Economic management, defense, court, customs, law enforcement, free medical care, and education - this is not a complete list of those areas of the country's budget expenditures for which taxes must be collected. Thus, since the advent of the state, taxes have become a necessary part of economic relations. |
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We all on blockchain is the future and every all institutions and every country is adopting Blockchain ! Today i wan to ask if Can a Banking Sector can run transactions on blockchain without creating their own Crypto Currency? ..
Yes, it is just a technology that is found much more effective than the traditional system. This way without any complications and without having a cryptocurrency blockchain technology can be used into the banking sector. There is misunderstanding among common people that bitcoin and blockchain to be the same. Blockchain gained more popularity through the usage on bitcoin, this is what described in different ways causing confusion. Theoretically, in the blockchain, they can do without cryptocurrencies. If a closed blockchain is being implemented for the needs of the enterprise/bank, they can simply make employees confirm the blocks, making it their responsibility. In an open (public) system, no one will just do the job, spending their own energy and computing resources. A public system will not work without cryptocurrency. |
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Did they? woah I wasn't updated with this move of Binance. This big exchange would always want to become the leader and they would create something that they can overtake as much as possible.
It wouldn't be for the competition? I don't think so, Libra isn't here and that's why they are taking the advantage before it comes. I think the good side of this is that they are educating a lot of people about stable coins since mostly doesn't use it.
Yes, Binance is working on a large-scale and open blockchain project called Venus. It is going to develop stable coins. The exchange will cooperate with corporations, developers, blockchain projects. They will work together to create a new ecosystem of cryptocurrencies that will improve the lives of people in both developed and developing countries. It is planned that in the near future these stable coins might even replace fiat. |
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1000x don't seem like a reality presently, the crypto space has taken a new dimension now, the new set of investors are now informed and consist mostly of traders than hodlers. Hoping on 1000x might get you disappointed
No 1000X is expected, I agree with it. As for altcoins that can grow X100, I think, we still know nothing about them. These will be new tokens, and probably, very cheap, under 10 cents. Fetch.AI (FET) cryptocurrency deserves attention if only because the organizers successfully conducted IEO on the Binance cryptocurrency exchange. This is already capable of serving any cryptocurrency as an excellent recommendation. |
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Conditions of decline and increase in cryptocurrency are things that are already common. fluctuations in the crypto market are very large and large increases or decreases are very likely to occur in the crypto market. if you are still in this condition you might learn a lot about the basics of crypto
Comparing the movements of different currencies exchange rates, one can easily notice that some of them are in correlation with each other. So, many altcoins repeat the rise and fall of Bitcoin. BTC is the leader of the cryptocurrency market, therefore, it actively influences it. As an exception, sometimes user funds flow from altcoins to Bitcoin, which is why it is growing, and altcoins are falling. |
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Hello Guys.
please who is conversant with EOS Wallet. i finds it difficult to send out tokens in my account. i am using the current scatter software. someone should assist please. i will appreciate.
EOS is supported by many wallets but there is no special wallet for it. By the way, this latest news can be also interesting for you in this aspect. BitGo has announced the launch of a multi-signature wallet for EOS. BitGo added EOS to their list of supported assets last week officially, so you can check it also. You can also use Exodus for keeping it or choose Binance, which is the most trusted one. |
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I wouldn't use facebook coin, and I don't think anyone should, neither do I use facebook also, I've always been sceptical about their privacy issues, they meddle into absolutely everything and anything.
It'll be no different with the LIBRA, and anonymity may be a mere shadow for anyone who chooses to invest or trade with this coin.
Too much of hype for Libra. Not sure where it is going to end up. I am very curious about it. As of now, I don't have a good feeling about this whole project. It is just a new way to make really BIG money for Facebook. Its head said that they would do everything possible to launch the project. As we see, it has been actively discussed even in the USA Congress. I guess Libra will be launched, and probably, even earlier than it was planned before. Too many famous companies have already supported it, and more of them will do it in the future. |
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I do not believe that TRX and Ripple will bring profits close to the end of the year. TRON's "father" reputation played a malicious joke with him, and TRX lost a lot. Ripple does not attract investors as much as before as it has become the tool for the banks mostly.
I guess, it is much better to support Ethereum and invest in ETH as the best altcoin, which will survive even when other tokens vanish.
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There is a very cool documentary called Life on Bitcoin. The film is about a couple of just married guys. They decided to conduct a 100-day social experiment - live and pay for everything in BTC (without dollars or any other paper currency). They travel and talk about every step of their Bitcoin experiment.
The entire experiment is recorded on video. It will be cool to watch the film only for the fact that it was made in 2013 when BTC was not popular as now and very cheap.
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Frankly speaking, we wanted to launch ICO, then IEO, then ICO, then we started to invent abbreviations regarding tokensale etc.  But yeah, it's not the right time. Any more. I will not do it. According to the analysts, 11 ICOs showed a return of over 1000%, 30 ICOs exceeded Bitcoin in this indicator, and 94% of tokens lost more than 90% of the price to the first cryptocurrency. The experts concluded that most of these projects are not capable of retaining value over a long period of time. Now, I have started suspecting that IEO will be not much better. |
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Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?
If you have made a serious decision to become a cryptocurrency trader, get ready for the fact that you will have to say goodbye to illusions about easy money. Invest in cryptocurrency only what you really can afford to lose. Always make changes in your investment portfolio. Divide your investments into three groups: short, medium and long. Feel free to get rid of short-term investments as soon as you get profit from them. |
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Blockchain technology can be integrated into the banking services easily. I guess you are rather asking if blockchain payments can replace fiat and banking transactions. If this is the case, then my answer is no. The usability of cryptocurrencies around the world is nowadays much lower than the usability of fiat currencies, and people are still depending on banking services for fiat transactions.
When the seller and the buyer plan to complete the transaction, they are looking for an intermediary who will monitor the honesty of the agreement. In financial transactions, the bank guarantees that the money will not go anywhere and will reach from the payer to the recipient. The bank also issues a confirmation of payment. To this end, financial institutions record transaction information in their databases. Blockchain allows you to do without intermediaries so it can replace banks. |
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The hardest part in crypto life is already in the past,i wonder how hard it must have been for earlier investors who came into the space in 2010 upward,is there any earlier crypto investors on here? can you pls try to compare now to the old crypto days?
My buddy invested in Bitcoin this year when it was about 6,5 thousand dollars. He is going to hold as he is also aware of the fact that it will grow, although not so soon. I do not think that newcomers differ much from those, who entered the market earlier. I suppose that these new guys have only one common feature: they have better knowledge and understanding of the cryptocurrencies now. |
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What is your thoughts on banks banning the sales of crypto do you think they are scared they will be replaced
It seems that now, banks are not scared by crypto but even ready to deal with it. Companies of all sizes are increasingly turning their attention to the banking sector, coming up with new ways to profit. Banks are not far behind and keep abreast of new financial technologies that are changing the world. For example, recently six banks from different countries decided to issue their own stable coins. Global banking institutions are paying a lot of attention to stable coins because technology has great prospects. |
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You may be right about your points but I am doubting the amount which is $4k.
Hitting $1k had been like impossible for many and somehow it did reach the number. But 4k? That will be a mess since there are already a lot of ETH out there.
It aint bitcoin with just 21 million of it. Just think about the market cap when it reach a huge number.
Curious, why can't anybody guess that Ethereum can cost 6, 8, 10 thousand? We cannot foresee the events on the crypto market as everything is connected here, including ETH. We can expect only that Ethereum will gain well after Ethereum 2.0 is launched. This altcoin has already become a type of FOMO. It is better to relax and deal with trading without jumping to some odd conclusions. |
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Well, you predicted something far ahead. Everything is possible of course, but for now, I do not see anything. Let's talk about when XRP got pumped in 2017. Did you see the chart? a year before the pump, XRP was on oversold state and their volume was high. And look at its volume after the pump happened? there's basically nothing compared to before unless we are making a huge volume again like it used to be in 2015~2016 or else the pump will not happen again.
Despite the fact that cryptocurrency now has a rather ambiguous reputation, at the moment the capitalization of Ripple is almost 12 billion. By popularity, this altcoin is in 3rd place, after Bitcoin and Ethereum. The exchange rate is constantly changing, but all the same, in the near future the collapse of XPR is not expected, so Ripple coins are a good way to earn in 2020-2023. |
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