OMG, now that’s too much which you are expecting from blockchain. Blockchain is a remarkable innovation which is a decentralized public ledger. It’s a latest technology. How can you expect a technology to address such philosophical issues? Talking with our creators, defeating death are impossible things and they relate to the field of astrological science. In what way do you expect blockchain to help you with these?

Bitcoin is and probably will remain slave of fiat. The main reason is that fiat currency is the prime currency all over the world. It has earned the trust of people and is very very easy to use as compared to cryptocurrency. So people are always going to value Bitcoin in terms of fiat, even the investors who trade in cryptos use fiat as their main finance. They value it against the fiat.

I completely agree with you. One must have a thorough knowledge, at least, basic, about trading in crypto market before entering this world. I have seen so many people who just buys a “famous” coin without any knowledge, but that’s not trading, it’s gambling. So the newbies are looking forward to invest in crypt market, familiarize yourself with the required knowledge and start small.

I don’t think so the Altcoin have such an impact on Bitcoin. Bitcoin has been in operation since 9 long years and no Altcoin has been able to affect it, neither in good way or bad way. So many new Altcoins are being launched but I don’t see that they will have a substantial impact on Bitcoin. It is more affected by the demand and supply factors, manipulations by whales or the type of news in the market.

That’s a common misconception to every child, but printing unlimited amount money can be disastrous for the economy. If any government tries to print more money, this will hinders the equilibrium of demand and supply and they will face consequences. If everyone will have 1lakh in their account, there will be more expectations by them, so price of a good which was 10 Rs earlier will increase to manifold. Same is the case with injecting money.

Yes, I guess it is really good time to re-enter Bitcoin or re-invest in Bitcoins. The price of Bitcoin is low again, so you should buy it know before the price rises. Invest in it now and then the prices of Bitcoin may go up, so you can earn profits from your investment.

Using blockchain, where all the transactions are safely linked together and are verifiable, open or available to everyone which makes it more immune than centralized banks. So this makes banks and other financial institutions totally unnecessary. This is the obvious reason that why banks hate cryptocurrency.

Using blockchain, where all the transactions are safely linked together and are verifiable, open or available to everyone which makes it more immune than centralized banks. So this makes banks and other financial institutions totally unnecessary. This is the obvious reason that why banks hate cryptocurrency.

I don’t agree with you. I think Bitcoin Cash is just another new Altcoin. I don’t think so it is big enough to control the entire crypto market. BCH’s market capitalization is also small. The Bitcoin and other cryptocurrencies are affected by it demand and supply factors, the negative news about the cryptocurrencies and the manipulation by big whales and not by some Altcoin.

If a cryptocurrency can work independently, that is, it has its own rules, blockchain network, and governing structure; it can be categorized as a ‘coin’.
If a cryptocurrency does not work independently, rather it depends on blockchain network of some other cryptocurrency to work; it is classified as a ‘token’. Every transaction of a token is also a transaction on the parent network, but the parent network has its own coin also

Yes, definitely it can and it will. Blockchain is a public digital ledger which records the state of the shared database between different people. It is a place where you can store all your personal information and you can decide as to what part of the information you want to share and what not. You have the authority to decide who can see that information and can also revoke that access. In fact many countries are already showing interest in blockchain technology for using it in various fields.

1.   The biggest advantage of technical analysis is that is helps investors and traders predict the trend of the market. Up trend, downtrend, and sideways moves of the market are easy to predict, with the help of chart analysis.
2.   Timing plays an important role in trading and investing. With the help of technical analysis, traders and investors can predict the right time to enter and exit a trade thereby enabling good returns.
3.   Technical charts provide a lot of information that helps the traders and investors build their positions and take trades. Information like support, resistance, chart pattern, momentum of the market, volatility, and trader’s psychology are just some examples of types of information provided by technical analysis.
4.   Technical analysis gives early signals and also paints a picture about the psychology of investors and traders regarding what they are doing.

That’s a great list and it covers almost anything that a beginner in trading needs to know. But I think those are just basic points which each and every trader should know before starting investing in crypto market and not “strategies”. Anyways, I can add some more points to your list. In addition to money, trader has to invest a lot of time also. The process requires a trader to track the markets and spot opportunities, which can arise any time during trading hours. Also, although it is advisable to invest small amount of money but stay away from penny stocks. They are illiquid and chances of hitting a jackpot are often bleak

The list of points you mentioned to check before investing in any ICO is good and relevant. However I would like add one or two more points to your list. One is that make to check the idea behind the project. It should be capable of implementing and new. Second is that making sure that project does not provides or states unrealistic goals. Don’t get along with the high goals.

I agree with you, that’s true. Altcoins tend to follow the trends in Bitcoin. We have noticed many times that prices of Altcoins are affected by the price of Bitcoin. This is mainly because that when Bitcoin rises, people earn sufficient profits. They invest such profits in some Altcoins for diversifying their investments which spreads the risks. This then causes price of Altcoins to rise.

The coins which are suitable for trading are those that show high fluctuations so that the traders can find some opportunities for buying and selling. I personally think that first five crypts should never be traded. Go for others. And I am trading on the exchanges like Poloniex and Bittrex. I’ll suggest you to stay away from HitBTC because it has so many issues, so you might end up losing your money.

Yes I do believe in luck. It plays a major part in trading area specially. But I don’t think so that you should leave everything up to luck or your destiny. Luck also plays its role to a certain extent only. The rest depends on your hard-work and skills. If you study the market properly and do all such stuff you can make out that when it would the proper time to buy or sell. So it depends on persons also.

I think your links and the entire process you mention is quite complex and cause and effect relationships are highly indirect. To me all of this appears quite forceful. One thing is very clear that crypto transactions are limiting or reducing the number of fiat transactions. But the crypt market has no intention of going against or replacing fiat because government will never let that happen.

Your list is pretty good but I think you missed out some of the very important points. Cryptocurrencies helps in eliminating fraud. Unlike the credit card charge-backs, cryptocurrencies are digital and thus cannot be arbitrarily reversed by the sender or counterfeited.  In addition to it, cryptocurrencies have faster settlement and lower fees as it eliminates the intermediaries from the transactions.

That’s good news, I guess. Gradually as more and more people becoming aware of cryptocurrencies, their demand is also increasing. An increase in demand implies that the price of the crypto market will also improve and rise. That would be a relief for the investors who have invested huge m=amount of money into the crypto market and are worried about that.