I know that volume is not as big as CEXs but it is safer, do you agree with me?
It is still questionable for me. The 'safer' side of dexes might comes from a lack of sophisticated attack from the crackers. There's also different dexes here, but if we're talking about those with smart contract as the backbone, then if a bug is found they can theoritically attack every single possible token on the platform. IMO centralized exchange is probably still going to be dominant, especially if players like Binance still exist and keep on-going. It will be the users own responsibility to choose which one is the best from them. And that's true with dex. Doesn't matter if it's a dex or cex, if you use a bad one then you might lose your money in one way or another. hmm .. I don't think so. Because many sharks don't even think about IDAX going to scam in the future when this is an exchange with hundreds of millions of volumes every day. Even if the sharks are full of experience, they will be able to escape this trap? I don't believe in any other team now, they can all become a dust when they no longer care about the project or the business they run. I still hold the view about taking DEXs future of many. |
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Hey, guys! Check this video where Tone Vays shares his opinion on future of Bitcoin's price. He considers that BTC will fall to $5k and will start growing just after that. https://www.youtube.com/watch?v=qABFMlxnmFA actually prediction is just a prediction. Think about it, if people can accurately predict the prices of goods and currencies, is it too easy to make money? I never believe in predictions, I believe in price lines. because the price lines tell the truth that bull or bear side is stronger and the trend can change anytime. My opinion is that bitcoin is still in the downtrend zone and it can bounce up at any time because the selling power at $ 7k or less is very low. That has led many times Bitcoin to reach $ 7k and rebound after that very quickly. |
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As the poll question states, in your opinion, is it a good idea to buy (stack) gold?
Feel free to elaborate your answer.
buy gold and buy bitcoin are in 2 different categories. For those who want to buy gold, they certainly want to hold their assets safely and without any strong growth in the long run. And for those who want to buy bitcoin, we can see their ambition of getting rich quickly. I think I would buy bitcoins instead of gold. The reason is because I want to get rich during my youngest age and be ready to fight this manipulating market. but I still have some belief that bitcoin can grow back to $ 50k or $ 60k in the future. Sharks will soon push prices up. |
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safe, but not too comfortable, people will think twice about using dex as a priority. Progress in 2020 depends on which market is more popular and pleases its users.
The reputation that comes from the problematic CEX will always be covered with better CEX and gives the best volume, users will only move their account to another CEX. I also monitor what happens with cryptobridge and idex. In the end, DEX will also lose their identity in decentralization because of 2 fundamental problems: 1. not being able to survive in exchange competition, 2. not being able to do much with strong regulatory pressure.
The problem is that centralized exchanges are under attack from hackers and many are fraudulent exchange exchanges. such as IDAX, it has stolen tens of thousands of BTC from customers and now IDAX's CEO has not been arrested yet. This shows that the legal loophole in the crypto market is too big, and scammers can easily spread. If you continue to have scams like this come to larger exchanges, you will move to DEXs? I know that volume is not as big as CEXs but it is safer, do you agree with me? |
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By having a weekday 9-5 job, i must say my eyes aren't that keen anymore for trends and hardly made any good decision on buying/selling alts. Basically what i did is: Weekdays: Coinalarm app to observe my portfolio real time but it's far less efficient and responsive to market movement, Slack and Telegram app are linked as well but still is very difficult to process insightful information while in working mood. Weekends: More active than usual but time is limited  Any opinions or suggestion to improve my current situation? Thanks in advance and sorry for bad english  You cannot do 2 jobs at the same time. Your full-time job takes up quite a bit of your time during the day and you will be tired home. You know, we all need a break after a long day at work, but trading and portfolio management is stressful. so that's why you can't control it well. My advice is that you should take 3 days off to travel and find out what kind of job is right for you. If you are a risky trader and make a lot of money, you should consider your full time job. People only work best when they can do what they like. |
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Recently I have seen many people whining about exchange fraud and some of them stopped working and took away all investor money. So in my head, I now have the thought that will 2020 be the trend of DEX?
I will give a brief summary of CEX and DEX. CEX stands for centralized exchange where all your money is managed by exchange, it has its own wallet system and money is transferred there.
DEX stands for a decentralized exchange, and there, you trade the number of coins in your wallet with someone else's wallet and there are absolutely no middlemen in between.
So with many incidents happening at CEX, will there be more people trading in DEX in 2020? Although trading at DEX costs more, it is safer for us and we do not need to make any KYC.
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This is a chart when bitcoin was still at $ 7k5 and showing signs of growth, but the past few days its price has broken the uptrend and has returned to the bear market. in fact it is a spectacular trick for those who believe that bitcoin can still grow in the coming days. now the price of bitcoin is $ 7k158 and it is preparing for the next historic dump, you should be mentally prepared. The market will be like the end of 2018 because there will be more sharks selling bitcoins to prepare for their holidays. |
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Hello, everybody. My Paxful account was banned with 0.4BTC in it. When i was trying to withdraw it i was unable to do that. I contacted customer support and asked when i could do that. They said after 365 days. Has anybody been in this situation? And most importantly were you able to withdraw BTC after 365 days?
I think you have been scammed and you should not hope to get your money back. Most exchanges have these strategies for users who are inactive for their accounts. so this incident once again indicates that small exchanges are capable of scaming any trader and we should be careful with it. Better yet, we should use our money to invest in large exchanges like Binance, Bitfinex, Bitmax, ... because when the security system goes down, they still have money to compensate for traders. |
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Recently Brett Sherman was nominated to chair of Investor Protection, Entrepreneurship and Capital Markets. He will surely have the power to influence bills that can get introduced into Congress. He has been incredibly anti-bitcoin and will surely try to pass bills that will stifle the growth of the industry. Also recently BIS head has been advocating Central Banks begin to use digital currencies for themselves. This will surely play out as a way to out-compete crypto. https://www.bloomberg.com/news/articles/2019-12-05/bis-wants-central-banks-at-center-of-digital-cash-revolutionDiscussion: How can they community rally together for what is to come? Are we ready for when governments restrict / sanction any capital flow into exchanges? How prepared are we for these things? I'm afraid bitcoin will soon plummet in the future if Sherman really taxes high on people who make money from bitcoin and ban crypto activities in his country. But there are some who think this will not matter much because China is one of the countries that hold the most bitcoins. Therefore, there will certainly be a decrease in bitcoin if there is bad news but letting bitcoin die is impossible. I just hope that Brett Sherman will not be too strict with crypto and not ban many activities for this decentralized market. |
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When someone starts using Bitcoin, the first thing he/she comes up with is a nice user interface (depending on the wallet used) that allows him/her to send/receive Bitcoin easily. With a little technical knowledge, the user won't need to worry about other Bitcoin features as long as he/she is able to send/receive coins in a P2P manner. Still, there are other things that would be of benefit to the user if he/she knew about them. Batching transactions allows one to save off fees, while sending Bitcoin to a new address every time increases privacy. Most wallets don't have a straight-forward interface for the user to do this easily (as far as I know), which involves some technical knowledge to get the most out of Bitcoin. Among the many features provided by the Bitcoin blockchain, I'm starting to wonder which one is the most complicated? In my case, I believe that it's complicated to perform offline transactions using Bitcoin core as you'd need to know certain commands (like sendrawtransaction) in order to perform said task. There are other commands that are used for creating a multi-sig address and performing batch transactions that are not easy to learn for the average user. What's your opinion?  I also feel this is one of the major inconveniences in paying with bitcoin for many shops and some types of services. I've talked about this a lot on the topic of paying for things with bitcoin but it seems people don't understand what I mean. Instead of having to use some common bitcoin command or knowledge to be able to trade it, we can use credit cards to make payments. Just a swipe and everything is done! easyy more than using Bitcoin. so I still choose to be a classic, I prefer to use fiat money for payment. |
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The Italian Minister Council continues to wage its war on cash, with the latest ratification lowering the maximum allowed amount for cash payments. This could lead to the rise of Bitcoin in the country.
The current officials are cracking down on cash usage and have lowered the maximum threshold for cash payments from €3,000 to €2,000 starting 2020 and 1,000 Euros onward from 2022.Click here for the full newsTo all Italian crypto enthusiasts here, are you in favor with this or not? actually , this does not cause a great demand for Bitcoin or cryptocurrencies in Italy. because the government only limits the use of fiat money but there are also a lot of credit systems and payment apps. It even works faster and better than crypto because it has more approved services than coins. Now paying with crypto is also very rare and only available in a few services, besides, I find it not highly recommended in payment. |
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hello guys,
Coinsbit.io is legit exchange? or its scam?
for example, have budget for airdrop - and marketing - 150 000 000 usd?
This airdrop program is never good. they offer too virtual prices and this will never happen to businesses that lie. they just want to take our KYC and then sell it to businesses that need it and they have huge profits. This is something commonly found in phishing businesses now and never do KYC and send it to them. Besides, Coinsbit will soon be a scam exchange when they introduce unrealistic policies and only want to profit from greedy people. This is not the action of a potential and reputable business. |
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I love to invest in low cap crypto projects, since their upside potential is MASSIVE. Call me a gambler, I don't care. I do own a healthy amount of top tier altcoins, and some BTC, but the most profit is made with low cap projects who does 10x - 100x or even more. I've accumulated a fair bit of BLOCK, who's the only project who runs a truly decentralized exchange with no point of failures to this day. I did research: Bisq, Waves, Binance, IDEX, and many others, but they aren't decentralized which is why I decided not to invest in them. Another project I've looked at is XLQ, high gamble, but they recently got a company investing 1 million euroes in their new exchange platform, Bitfineon, so it might be a good move. Anything else?  Once again I have to share my experience of losing over $ 50k in this crypto market because investing in these promising alts. all of them are just creating fake news and their job every day is to create new plans to increase investor excitement, then they keep drawing more and do nothing else  This is a fact when I always believe in what they say, until its price drops more than 50% and then 30%, ... until my assets are only $ 300. WPP, PDATA, Banano, ... I would like to remind you once again, to invest successfully in the crypto market, you should only choose the alts listed in Binance or Huobi. because these exchanges only select potential projects and have good teams. |
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Day by day people are getting to know crypto currency, each day good number of interested people join the BitcoinTalk forum. The way the bounty qualifications and rank was in 2012 is not any more. Getting to the next rank is getting more difficult,KYC came in and many other changes, Now don't you think very soon most signature will only be opened to people from Full member and/or very few number will be given the chances of participation in many bounty campaign to have it convenient?
Actually KYC issues are no longer important. Projects now seem to no longer need KYC and they focus on bounty hunters to help their projects. The important thing here is that signature campaigns are underrated, which makes up a very low percentage of the reward pool and sometimes not in the bounty program. It seems that the bitcointalk forum is not as influential as it used to be and the signature campaigns will be completely deleted in the future? I am quite worried about this issue. |
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Today I've decided to sell my car to invest in IEO or ICO.
Is my decision right?
Is it with a lot of investing in IEO can refund my money?
I recommend you stop and use that money to buy a new car. Do not try to make money at the bear market, this is the absolute rule of many investors. Do you think ICO or IEO projects can live in a period where bitcoin is constantly falling? The cash flow is narrowing towards Bitcoin and the alts seem to be dying from lack of liquidity. Recently, Binance's IEO, TROY and HBAR, are no longer profitable for investors. Everything is broken and there is no more profit for us. Now we should wait for the prosperity of 2020. |
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We are more focused on bitcoin than ever as most of the users wants to invest into bitcoin assuming a bull run post halving but nit many are planning to invest into altcoins, I think we need to focus on altcoins as well as there are coins like Tron, ADA and all which can pump anytime and priced extremely less as of now and even if bitcoin pumps it will have positive affect on altcoins as well so I think we should invest into reputed altcoins as well.
Yes, bitcoin is in a period of high volatility and its price is quite confusing. It seems its fluctuations to kill the buyer's stoploss. Now is a good time to buy potential alts. Matic is an example. Although its price has dropped by more than 80% in an hour and it is alleged that Matic's team has sold all the coins they got since unlocking. but CZ stated that matic's team was not involved in this incident and that it was caused by a group of big traders. So the technology of Matic and their team is still working hard, now we can buy it cheaply. |
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Usually, we are trading with market, and we have our own trading logic. But , after you are trading for a long time , you will find you are trading with yourself and the biggest enemy is you.
You may have a good trading logic , and you always earning money from the market , but you are still afraid of lossing, am i right?
Every trader should believe in his own trading logic just like a belief, you can't move it. Lossing are not terrible and you should like it.
So i have some advices:
1. make sure you are believe in your trading logic
2. record the reason when you open trade
3. take profit and stop loss strictly
4. back to the records when you close trade, and think why you are earning or lossing
5. according to the records , if you find something wrong with your trading logic, fix it
6. do the things 1-5 above again
Does any trader record the reason of opening trade? And how do you guys practice it? Let's talk about it.
Yes, I do it every day. I am also a newcomer here and I want to trade better after a few months so I decided to follow the instructions of the previous ones. They tell you to keep a record of your transactions every day for a full reason. when you lose, you still have to do it so after 3 months, you will have something to read and understand where you went wrong. Besides, taking notes shows that you are a well disciplined person and it will create a habit, it will make you love your work more and it will soon make you more professional. |
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Hello all, need advise, if any exist I am trading btc few years - but it seems I havent learnt anything. My plan was to use bitcoin volatility to earn some extra btc, but it seems I am not able to do this. I am selling/buying always in wrong time. Using volume as only indicator, as others do not make sense for me. Am I doing something completly wrong? Or it is not possible to predict the movement of btc? thanks P. Using indicators, you are wrong, indicators are only able to predict the trend with 60% accuracy and it usually happens when the candle has been completed. So to accurately predict the price of Bitcoin, we need to combine a few price action methods and some important resistance and support. Then, you will know what you have to do to not be too loss and maximize profits. All have information on google, your job is to search only. |
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So Everybody like to talk about winning and profits.... But traders honestly how much You are losing? Daily weekly Monthly?
Im sure the Beginners lose coz of FOMO.
Anyone who starts trading will experience failure because they have greed and impulsiveness in their mind to break their discipline. I used to trade 5 years ago in the forex market, things started very smoothly when I made a lot of money but until I was subjective and kept losing 5 consecutive orders. This angered me even though I lost a little, but then I got angry and wanted to get revenge quickly and I used 100 leverage with 50% of my account earned in the first 2 months. After that, the result was so bad that when bitcoin ran in both directions and killed long and short, I lost over $ 5000 in 1 minute of anger. |
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However, there are also many ideas that "not every Hold is the best". If a person held bitcoin before December 2017 until now, they would still lose more than 50%.
If you are an investor who does not have much time to observe the market, nor know the analysis of charts, then the Hold option is the best for you.
And for investors who like to "trade", certainly Hold is not their choice, because the short-term waves are the time when they make the best profit.
How about you? Are you holding Bitcoin
let me tell you, i am both a trader and a bitcoin holder. let me tell you. This is a fairly reasonable trade and hold strategy for some of the most experienced traders in the crypto market. I usually trade Alts pair to bitcoin. its price difference will make me increasingly earn more bitcoins and I will never withdraw bitcoin or sell it at this time. because I know this is a good time for us to be able to buy and hold as many bitcoins as possible. Therefore, I use my knowledge to trade and increase BTC for my account without adding USD. |
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