Do you prefer to use limit price or market price when doing crypto trading? What are the pros and cons?
I actually use both of them depending on the market situation and also the coins we're going to trade. But often I used Limit price when I have to do trading all day but if I have limited time in trading( doing short trades every day), I'll consider market price if it satisfies me and when I feel I've gain already. Setting into the limit price is worth gaining into our side but sometimes it takes so long before buyers will take it which it sometimes we also feel bored and do the market price again. |
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We could see a lot of exchanges existed today but only a few of them give a good shot for the eyes of traders and investors. It is most likely that some of them just exist for nothing or just to scam people. If we could see here https://coinsutra.com/best-cryptocurrency-exchanges/not all of them sound familiar to everybody cause we are only focused on the best one and we're not trying to go for another cause we are satisfied enough of what we've experienced. |
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No one can really give you a certain answer to this question, but a lot yes. It’s increasingly looking likely. I have always been a pioneer that we will see a slower approach on the way to the highs of 2017, but the price movement of late has been somewhat fast. the price of Bitcoin will continue to rise indefinitely. Unlike fiat currency, the Bitcoin supply is controlled and deflationary in nature. The technology is catching on more and more as awareness increases. No one can predict price movements with absolute certainty, but I will not be surprised if we hit the $50,000 per bitcoin level by 2020-2021.
No worry mate, as this question is always answerable by no, not sure or it may be...It sounds like we don't have any assurance for a big bounce-back of prices. If we look into the current situation right now, we can certainly figure out that it will be difficult to make another jump. yes, it can be possible to have some pumps but not actually be the same as what we experience last 2017 bullish. I know it gives us disappointment but much better if we accept the fact and market reality. Bitcoin dominance is already very high at 67.4% sources from Coinmarketcap, we can compare it in 2017 Bitcoin dominance is 58%, and the price of Bitcoin breaks above $ 16000, in 2019 this Bitcoin is only able to go up to $ 12000, that's not bad, why is bitcoin can't go up to over $ 16,000? in my opinion this is because the marketcap cannot penetrate the same in 2017, if the dominance of bitcoin falls below 50%, then the bull for bitcoin seems to have finished  It is definitely not bad. The price still rallying good and not even jumping straight down just like what happens after the bull run last 2017. It is quite good enough to think that Bitcoin is in the high level of potentiality, price isn't melting hard which helps altcoins to stay at high. Though not all of them stays to that level but it manages some of them to keep in the race. |
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What it makes difficult in gambling is by being controlled by our emotions and ignore other concerns which are the fact that we can't deny.
What happens to you and the person you've seen is just a scenario which is commonly it happens when we are fooled by our own mindset. We know that gambling is risky and wagering is not the option to take cause it only gives more losses rather than to make a short recovery from our previous losses.
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I have worked for a few years in a casino and I couldn't help but imagine that people should be able to gamble with bitcoin.
Is it already happening? - I don't mean on the internet
And do you think this will be future of casinos?
Considering the capital hold with casinos, I dont think that the casinos would move from public ledgers to crypto keeping in mind their proneness to hacking. Crypto being decentralized and anonymous make them not suitable for traditional casinos environment. For some reason everything won't get moved to the bitcoin usage. Bitcoin is all about technology, but for casino business owners it is a must to attract all levels of people. Upon this it is quite hard to see bitcoin as the only source to spend on casinos offline. Maybe in the online casinos such a scenario can change as most of the people who prefer online casinos have system knowledge. What makes most of Bitcoin's popularity is that because of gambling. There we can see the usage of Bitcoin and some cryptos as a currency which tends to be like that rather than to consider as an investment. The bad thing is that we can't make use of these when will go into offline casinos. It is quite to see that online casinos are increasing in numbers just because of this. |
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No one can really give you a certain answer to this question, but a lot yes. It’s increasingly looking likely. I have always been a pioneer that we will see a slower approach on the way to the highs of 2017, but the price movement of late has been somewhat fast. the price of Bitcoin will continue to rise indefinitely. Unlike fiat currency, the Bitcoin supply is controlled and deflationary in nature. The technology is catching on more and more as awareness increases. No one can predict price movements with absolute certainty, but I will not be surprised if we hit the $50,000 per bitcoin level by 2020-2021.
No worry mate, as this question is always answerable by no, not sure or it may be...It sounds like we don't have any assurance for a big bounce-back of prices. If we look into the current situation right now, we can certainly figure out that it will be difficult to make another jump. yes, it can be possible to have some pumps but not actually be the same as what we experience last 2017 bullish. I know it gives us disappointment but much better if we accept the fact and market reality. |
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I won't think that was just a hype made by whales again but I'm just thinking that is to be at normal scenario/event that might happen in the market. Not pretty much worrying unless it will rise just a minute and drop again drastically, that will probably a big problem. But for now, it serves nothing, instead, we are thankful that we were able to see a few pumps after then.
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I don't think there is reason to be concerned. Yes, the rise was kind of sudden but not that big.and it seems that the rise will not continue at least not in such extend.
Also I don't expect to see some bigger price fall although some corrections are possible. Don't let to be influenced who spread panic and drama without reasons.
At least we are happy to see now Bitcoin price will remain at $9k range. I have been noticed this since this year started. When there's a suddenly dropped price it will stay longer but when it goes up to the higher level and back into the middle point. When there is a sudden raise up I am monitoring my profit. Once my profit was there I immediately cut it off and reinvest again. But if you are a long term holder, there's nothing to worry about the price. I don't know if others will think the same. But if you are buying Bitcoin at $12k in the previous month, it is still not giving profit anymore and feel disappointed and no wonder that many will never appreciate the market stands today. If we look into the market today, it feels that we can't see a huge pump this year and not even seeing that halving will do the same as what it influence with the prices before. |
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If we care about turning back the money we borrowed plus the interest, gambling is not the last option to take for sure. Not even an expert will do the same and risk his money for the sake that he/she might able to pay debts for a very short period of time. Cause in the first place, we're not sure about winning in gambling and not even having the assurance to make wins all the time.
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If ever I have to sell my Bitcoin for altcoins, it probably not for shitcoins or new coins created. Of course, I'll go for ETH or among the top 10 altcoins in the market. But most likely, I will never sell my bitcoins for this. I only sell by Bitcoin not for a trade but keeping it while the market is not working good and taking back again once prices move back. It is eventually not a long-term variation, but it is all about the trade from BTC-fiat-BTC.
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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 ??
You don't need to wonder, not even feel worries, your emotions might taking you down and be hopeless. The market is still strong as I believe that, not only Ethereum suffer such declines and hard pumps but all cryptos even Bitcoin also. What we need now is patient cause we can't just make the ETH runs according to our way as it moves with its own. In fact, nobody is in control with, for sometimes that the market turns difficult just like what it happens nowadays. |
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Trading is really hard and I cannot say not to panic or be afraid and just keep going, to just trade and trade and ignore your feelings, because that will worsen everything, so the least thing we can do if we are not feeling well, worried too much is to relax and stop trading for a while, have some rest, go out with your family and eat your favorite food. Make sure to clear your mind before doing trading.
This is just how we become proactive in all aspects of our life. If our mindset is negative, you can't surely think another option instead, it keeps you think all way in negative. Being emotional stress while trading will never contribute good nor it results in a positive response from your trading investment. This is why we should have to change our mindset first before anything else, otherwise, we'll just throw our money by then. |
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We know the risk in crypto and it for sure we know this before we are about to enter here. If we are worried about an unexpected drop in price, it simply means that we don't have a future in crypto. This is to know that only risk-takers will survive and the others don't. If we can carry out these worries and market emotions, it has nothing to be on the dark side but rather to see us in the light(positive side). This morning I found out that Bitmex was hacked. And i not that it positively affected my level of anxiety in general...
https://cointelegraph.com/news/breaking-bitmex-may-have-just-leaked-all-of-their-users-emailsI'm afraid if this could lead to another market drama and even create dump again just like it happen to Binance. |
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You can try vipgame.io. Yes it might be new but their lottery and dice is quite good.It might not able to even out those older sites but its also a good option.
Honestly when we do talk about Best gambling site then I would prefer on what you had mentioned which is Bustabit. This is the only unique game which I do enjoy on
excluding those traditional dice,slots,roulette and sports bet. I do love to suggest satoshimines.com too but they aren't accepting registrants as of now.
Truly I don't know about vipgame.io site but I'd try to look into this to find more about this new gambling site. It is very important to know their market reviews especially when it is new to the market, not actually they'll have good and bad reviews we can just simply give conclusions. I'd only find out that it only have lottery and dice games which seemingly not really enough to drag people to visit with. If they could add some more games, it eventually gives help for popularity. |
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In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently, tell me i'm wrong
No, you're not wrong. Those are signs of fraudulent projects. there have been many new investors cheated by this model. Greedy people are often trapped by a big discount and we shouldn't be involved in any project with a big discount. The risk is very high. What do you mean by big discount? If you mean that is bonuses, it sounds to be normal in all project, even BNB did some and many legit project. What was wrong with that if we are tempted to much and put huge money on them without thinking if this project is reliable and have a better future. This is a common mistakes of everyone, too much trust and confidence. If we look into its profitability, we must have to look also the team behind and to know if this is already in the market. |
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For me, maybe the scariest thing is when all countries in the world agree to ban Bitcoin and all crypto coins. Then, all coins will be useless and no hope for a crypto future. But I believe it won't happen since many countries have proven already that Bitcoin and altcoins are quite helpful and useful to improve the economic sector, at least creating jobs for many people.
It has a positive and negative market appreciation. People considering that it was helpful but sadly the government considers this a threat to the economic system which I supposed to think that they are right also since knowing the fact that some of us use this for money laundering, frauds, and illegal activities. We can't just put the blame on the government of banning crypto because they have also the reason why they take action of it and I believe that they also understand the situation. |
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why many of so-called blockchain projects these days are scammers, is this was motive behind the technology? many real investors are not confident to participate due to fake blockchain projects all over the internet.
what are your views
This is because of self greed and has nothing to do with blockchain technology, since the space is not regulated there is no control of what would be presented to the people, this what you get in an unregulated community where everyone is free to do as they please, this has nothing to do with blockchain. Yes, it has nothing to do with blockchain technology and let things be like that. Scammers are spreading around, we can't just simply rid of them and stop what they are doing today cause in the first place, we actually never know who they are and give a hint to the community. For those instances, we can't escape the reality that blockchain technology has a positive and negative impact on the community. |
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Many people tried to take this opportunity and consider lifetime work but only a few of them survive. It may be because we have differences in life and might to say that some of those who try aren't preferred enough for the possible results. For to know that gambling is not all about luck but also it needs skills, strategy, and smart thinking. If we could adopt this environment, it simply means that we are about to succeed in gambling and live this opportunity.
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In gambling, it isn't all about money but we are also building our reputation, mindset and as well as in testing our capabilities. Most people get into trouble because they have a negative mindset that might be dictating their works. What is the most important in gambling is we know how to manage our self, it sometimes we can be emotional stress if we lose and even get bothered to decide but we need to face it and feel the consequences we are about to take.
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As you know, every time there's a major price movements, the next day people, especially crypto journalists, start coming up with their own explanations why it happened - they try to tie it to some political or economical events in the world, statements by important individuals or organizations, correlation with some other markets, something related to mining and so on and so on.
Well, today Bitcoin went up by 14% ($1,000) without absolutely no reason - nothing important happened today that could have shaken the price so much. Let this be a lesson to people who look for patterns - Bitcoin is random and unpredictable in short terms, just accept it.
The market isn't that old yet to make sense out of every movement or find a sequence in trends. Crypto market is really small. Because of which any whale could easily manipulate the price movement. That is why, you don't find much reasoning behind such significant change in price. This isn't a good thing for the crypto space as such uncertainty keeps traditional traders away from the market. There is no sense of dealing with their emotions, they are too much affected when they saw unexpected ups and downs. Considering the fact that we are still relying on market demand, we can't simply think that prices may stabilize. If we can figure out, the constant change of price trends reminds us always that crypto still a decentralized market, yet whales could sometimes play but not it reaches the point that it controlled the market. |
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