Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!
A trader always need to be in touch with the latest news in the market and regularly monitor the market growth of coins in which he have invested and try to avoid unneccesaary losses.Trading platform is essential where will trade his coins and can use tools to enhance his skills.Moreover he need to have knowledge and level of skill to trade profitably in the market and vision to survive in this highly volatile market. |
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The creation of blockchain came with possibilities and predictions of a future where intermediaries could be eliminated entirely. It is capable of executing millions of transactions within seconds at a lower transaction cost and requires no centralized authorization. With the blockchain trend going on as strong as the moment, is it possible that blockchain will replace banks any time soon in the future? More here: https://www.hb-wallet.com/post/2018/12/20/can-blockchain-replace-banksBanks can never be replaced by any digital currency even bitcoin or blockchain technology as they provide various services to customers and they are financial branches of country.Blockchain technology can be used by banks to improve the services but they can never be replaced by such new technologies as they are integral part of system. |
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See the main thing is that no one knows the exact reason for sudden rise of bitcoin prices and now they stands at $9200.This pumps coule be due to manipulations by the whales but prices have not dropped to lower level say $7-$8k after the rise which is general policy of dump situation.We will see another correction shortly before the huge surge next year and we can see prices to $20k by last of 2020.
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at this time we know that the Blockchain is being discussed in large countries. and some time ago the Chinese president was welcome on Blockchain. But what about Bitcoin? there is still a lot of controversy going on. Even the US (SEC) is still rejecting the given bitcoin proposal. while we know. Bitcoin is the first carrier of Blockchain technology for general use. is it because of the basic bitcoin that has an anonymous background? so it is difficult to be accepted by the state. could bitcoin be separated someday? I mean Blockchain will be positively welcomed in the world. while Bitcoin will remain controversial.
share your opinions.
Most of the big institutions like UN,Starbucks have started to accept bitcoin as mode of payment in their system and what i think is that governments will support these coins if majority if people accept or banks adopt blockchain technology in their system.The governments fear these decentralized currencies as they dont have any control over them and they will never allow such currencies to operate in their financial system.But still with improved technology btc have potential to improve economic conditions of nation so it might be possible to be adopted at large scale.Lets wait for right time. |
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I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.
what do you think about finding people like that and how will you react to them?
Most of the people who are against bitcoin really don't know how does actually it works or we can say that they are not able to understand the technical working of bitcoin and blockchain technology and spread news like it is bubble based on the wordings of others.So we don't need to make any sort of clarifications to those as slowly they will know its importance and get used to its uasge with more adoption as btc is future of digital payments. |
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Hello,
I've been shocked by the drop of ETH price today. So,I checked CMC and found that all coins dropped. I don't know what happened or why.
So, what happened today? Is this related to some news? where can I follow this kind of stuff?
Thnx
When prices of potential altcoins like ETH decreases it's an opportunity to buy more at that prices because when the Bull Run will hit the market the prices will again soar high and you will get more profits but on the other side people get panic and contribute to panic selling creating dump situations in market and lose. So stay calm and just hodl your coins for long run. |
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And why?
If i would have the oppurtunity to buy any alt then ETH would be my choice as i hodl some money in it already but need to invest more.Its best choice after bitcoin due to its technology and potential it has many growth oppurtunities ahead.It will be adopted by many platforms as payment method so prices will soar high in future of this underrated currency. |
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I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money. What traders out there sharing their daily trades are The Real McCoy? I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?  The Real McCoy They will never show their negative side in order to gain more support from people and potary them as trading expert who never loose in their feild.Who will listen to someone who has failed and then giving advice to others on how to trade effectively.Its very simple rule that if you want followers show show your shining face to the world not the hidden face behind mask. |
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We had seen immense rise in bitcoin price from its existince and there is still a lot more numbers to be added in its growth rate.Just wait for next few years and you will be mad to see the percentage rise.Those who say it is bubble need to see these results.
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Most of the large companies are now on the way to partner with popular exchanges to adopt bitcoin as their payment option which is really good news for all the crypto lovers.Starbucks is most famous coffee brand around the world with branches all over globe and customer who like to spend their btc on such services will be happy to hear the news.This type of adoption will surely boost the prices and we might see surge in prices this year so be positive.
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Although i am crypto enthusiast and strongly beleive that digital currency like bitcoin will be of great usage in future world but we cannot force people to join it or we can say that it would not only single coin that will be ruling at global level.It would be combined with other digital payment methods to evolve the technical world.It is considered as mode of investment at current to earn profits in short span of time but in future it will be recognized as transaction mode and will be widely used for different services and it is be one of the future currency.
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I want to know the opinion of all crypto friends in this forum about Ethereum, because the price of Ethereum is currently unable to rise beyond the $ 300 figure. ethereum prices are only between $ 150 - $ 250. and this incident makes me wonder, why did this happen to Ethereum ??
See the whole market is down from the last two years and now there are some growth signs in the charts as price are rising once again and ETH will also show growth in prices slowly and once again the prices will cross $200 soon and after that they will reach ATH next year in 2020.So be positove for its growth as it has potential and technology to attract more investors. |
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Controlling your emotions while trading is most important thing which a trader cannot ignore if he want to survive in the market making profits.If trader gets panic in dump situation he will suffer loss or maybe he get away from market so he need to stay calm even in worst situations and hodl their coins to get high returns when price surge and bull run hit the market.
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I appreciate the efforts you have made and your technical analysis is very good and i am also optimistic about its growth as prices are rising again and are above $9500 and we might see rally in prices to $10k by the end of the year and if the same pace continues then we might be able to see $20k next year if not in march then in Q2 it is possible.So we need to stay positive about its price surge.
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The thing is that its your hard earned money and you can seek advice from others but always choose the best suitable option according to you.There are many feilds in which you can invest you money like share,bonds,gold which have high returns in long period but if you are risk taker then you can invest your $1k in cryptocurrency in most potential altcoins or simply invest in bitcoin which can give you high returns within short span of time but you need to be patient and think wisely in situation of dumps.So be careful where you put your capital.
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It is responsibilty of all that whenever they see a scam project they need to report it to the community so that they are not able to fool people and raise huge funds from them.At intial stage the number of paticipating people will be less but when the number will increase the project will fear to scam and victim trap will eventually reduce.We need to spread awareness about such frauds in all our groups that will help all of us.
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No i am not wasting my time for just getting such small amounts from these scam type of faucets.I have spend my time on such faucets claiming amounts but most of the time you dont get paid and further they require personal details which can be used to hack your wallets.So i suggest you that get some other way to earn but don't get involved in these scams types of projects.
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Its very important to be in touch with the latest news related to crypto in your country as it is very helpful for further planning decision.There are several telegram channels which provide such services and most of them are accurate and reliable and moreover you can searcg for social media crypto influences who have updates on each news or other way is to search on cointelegraph which is trusted source for crypto news.
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Scams are increasing day by day just only because of people getting greedy as they want to become rich without doing anything in short span of time.They just invest anywhere without getting proper details as they get attracted to the benefits set up as bait and easily get fooled.So they need to be aware about this risky market and just control their emotions and investigate in detail first without investing money in scam project.
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I've seen quite a few threads asking people's thoughts on the best cryptocurrency exchange. These days there's a lot out there so I thought I'd share my list of the best cryptocurrency exchanges with everyone. Some are better for different needs (ie: trading with particular fiat currencies) but here's my list of which are, in my opinion, the best and I have thoroughly tested. https://www.cryptoadvocate.net/post/best-cryptocurrency-exchangeSee there are many legit exchanges which are popular among people and they are centralized and decentralized but it totally depends upon your needs like the coin in which you want to trade,documentation,withdrwal fees and other factors.Some of the best exchanges are Binance,Coinbase,Kucoin in which you can trade and deposit your funds. |
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