I use okex and binance. The user interface of both are really good and intuitive. The former's flat fee is high though so I tend to use the latter more frequently. Also since I hold a fair amount of BNB the experience of trading in it is excellent.
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The consolidation period is a very long one so I think the distribution period will be short and explosive--like how we are experiencing now a parabolic curve. There will be some correction after some time but if we reach 10k within this month, it is a large indicator of a bull run.
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Luckily, there is a platform in where I live where you can use bitcoin to directly pay for you bills and other utilities. This however is not a smart move since bitcoin is a deflationary currency and at the same time an asset. It would be best spent on assets or things that would appreciate through time. Sadly, there isn't any platform here that enables that transaction.
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Back in 2017, BTC hit the ATH at December but all the altcoin hit ATH later in January 10 or so. Do you think, market will face an altcoin pump soon? If so, the right time to invest is now.
Analysis seems correct. Whenever btc pumps alts bleed. After some profit-taking, money will start to flow back to alts and people will start accumulating again for the next distribution. Although the cycle repeats, external factors may affect the result. Like last year, where alts price increased astronomically because of the chinese new year speculation.
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The main reason for airdrops is to build community--let a project be exposed to a lot of wallet. But now if the project requires KYC to be eligible, it is not worth it. Probably these Airdrops are so little selling it on exchanges is out of the question.
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It is best not to trust an ICO website's rating, they are mostly paid to make an ICO seem good to the eyes of an investor. Always DYOR and trust your decision. I just personally use these websites to know what projects are coming up.
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Bitcoin, as it is, is very technical thus I think it is not user friendly. However, there are many software that caters to user's ease of experience like mobile wallets.
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I would use it but not all the time. It depends on what is available to be spent. In retrospect, if amazon or ebay decide to accept crypto, it would cause a huge pump and is also a huge step for adoption.
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I am long term trader and also a hodler. I have separate funds for each. I do trades that are typically 2 to 4 days apart, depending on the trend and levels. For now, I am earning more in trading (obviously) but a huge chunk of my funds are for hodling
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Exchanges are needed so people would have the freedom to choose which platform caters to their taste. Many exchange would also make crypto more reachable for the people who are new in this space.
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Any centralized exchange could be subjected to security breach to some extent. So it doesn't matter if the security is the best in the world since it would get hacked eventually. In retrospect, this hack would definitely increase the strength of security of binance so I think this doesn't necessarily mean we have to stay away from it.
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I use it regularly since mobile wallets are relatively convenient. Some apps could enable you to pay for your bills or other stuffs besides being used as a wallet. It does however have many limitations like being unable to use it if there's no internet or if the establishment don't transact with mobile payments.
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Facebook is a huge platform with huge traffic and at this point where we are aiming for mass adoption, any publicity is good publicity. It only matters that people know the existence of cryptocurrency after that, they could decide if they are against it or embrace it.
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You can guarantee that binance doesn't slack when it comes to security, it just happens that the hacker is extremely skilled and has enough patience to execute his/her plan. With that said, Kucoin, like any other exchange will have some kind of security flaw that would only be revealed if it caught the attention of a skilled hacker. It really doesn't matter what you choose to use.
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As I see it, the market is still accumulating. The price increase of bitcoin might just be a bull trap. Naturally, the price of ethereum will adjust. Also, ethereum is still in active development so price will definitely go up
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Cz handled the situation excellently so no user has actually lost funds. The security exploit made them realize how lacking their security is so on a positive note, they have improved. Thus, many will see this incident as an opportunity to accumulate more bnb and accordingly its price will increase once again.
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There are no such thing as a bounty that can make you rich. It can only provide you a good enough cash as a compensation for showing support for the project. If you want to get rich fast this is not the place for you.
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The most effective way to handle those non-believers are to no engage them at all. The only way to make them what they are missing out is if the government gave the go signal to btc.
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Where I live you can also buy load from your mobile network provider, buy foods, pay bills, insurance, debt, game credits and many more. We are quite on good terms with crypto here hence the freedom to utilize it.
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Not only do you need a lot of patience when dealing with crypto investments, you also need to be informed. Always be updated on news and have access to a pc anytime to excute trades at the best moment.
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