Hey there, I'm new to trading cryptocurrencies. I'm curious what kind of strategies successful crypto traders employ? How did you learn to trade? Did you have a mentor or learn by yourself? Are there any books, videos, or other resources you recommend?
There are tons of books (don't buy those ebooks they sell on this and different forums. Most of the can be obtained for free or are just shit), videos and other resources on the internet. You can easily find them just by making a quick google search. But, just reading those books and watching those videos won't make you an expert on trading. You will need to have some experience so be prepared to put in some money and lose your investment. |
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I have seen people calling bitcoin as a digital gold. Yeah, they do have some similarities. But, we know gold can be counterfeit. People can sell "fake gold" and it's sometimes hard to spot such fake golds. But, that's not the case of bitcoin. Bitcoin is counterfeit proof and people can not transact with fake bitcoins as they will get rejected by the network. They both has storing value and purchase power, but I think crypto currencies always will have an upper hand when using it as a form of payment. |
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As far as I know, the coins can be traced but it eventually gets lost (maybe because of those mixing services). Again, if they move to the coin to some exchange or other place where their identity can be linked, then they can be caught but hackers ain't that stupid. I just remember a recent incident where a hacker was caught for making a theft of around $5 million by sim swapping or something. Didn't look into much further.
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This is actually a very good news, but do you really think bitcoin is actually a good crypto currency to be used as a form of making payment for small stuffs like a coffee? The fee right now is very high. Pay low fee and keep waiting for more than an hour for confirmation? That's a lot in fee or waiting time just for a cup of coffee.
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I agree with what JeffBrad12 said. Do you really think a coin which is almost decentralized will jump almost 10x its initial value. The Ripple lab themselves hold more than 50 billions (which is actually half of the total) of XRP which raises many concerns. Again, they will be used by banks. Wasn't people jumping into crypto currencies to avoid the corrupt banking system?
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Hello everybody, since I am still a newbie member here and most do not accept PMs from newbies, I am posting a thread in this forum. With so many gambling sites contributing in this forum - would any of you happen to be interested in purchasing some informative and well written content on gambling related stuff, mostly poker? I used to be a gambling affiliate back in the day and after many years out of business, I should make some money with the content I have still lying around and never came to publish anywhere.  Thank you very much in advance. You should provide more information on what your articles are about. "Content on gambling related stuffs, mostly poker." sounds vague. What kind of contents are those? Strategies or something else? Make a proper post with proper information and people might be interested on your articles/contents. |
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-snip-
Know your customer (kyc) is one security measure I support and do not hesitate to fill-in all my kyc required details.
-snip
Well, everyone isn't like you. There are people who like to stay private. There are people who hesitates to share their details online, specially to some random people. You should be aware that people can misuse your identification information. You might be a victim of identity theft if your ID goes into the hands of the wrong people. What if the exchange database where you stored your information got hacked? |
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This is the first time I am hearing that there these two kind of poker player you are talking about. Do you mean players who hit and run (that is make profit in one shot) never returns to poker? If they do, then what is the difference between this one and the others who play with their profit. If someone comes back to play, he will be playing with his profit obviously. I wouldn't just make a profit and leave forever. I might come back and play more.
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It would be better if people stop comparing the prices in short run. The price was around like $3,800 USD just the last week or so. And look at the price now. It is still above $7,300. We are still in the green side of the market. Yeah, we did reach the $8,000 point, but we couldn't hold it for long. This does not mean that the market has now started to bleed. Have you not learned anything from the past few years?
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Why would it be bad for the price? You are spending your Bitcoin, you are not selling it. So it won't directly affect the price of the bitcoin. Spending it is like moving your coins from one hand to another. You are not selling it for cheaper or for more. You are spending it for the exact price it is.
In fact, spending bitcoin like you would spend a fiat currency might actually bring some good to the market.
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Sad they ended being a scammer. It's not the first time some ICO performed an exit scam. Sadly, people still fall for those scams even after reading about those fraudulent ICOs online. They are the one who encourage those ICO scammers to scam more people. Hope at least for this time people actually realize that most ICOs are just scam and do their research before investing on these ICOs. |
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Desires to increase income, everyone wants to get richer and that is why we are into crypto but it appears not to be more emotionally thrilly then certain ventures. Price fluctuations at intervals, several pumps and dumps, Happy yesterday and sad today, just as btc has dropped from over $8200 recently to close to #7200 but that is what it is.
You can't generalize everyone with the stereotypical thought. No, not everyone is into crypto currency to be become rich real quick. There are people out there who are using crypto currencies for financial freedom. Again, there are people who are using crypto currency just for their privacy. They don't care much about the price. There is nothing to be sad about the price going back to $7,000. Remember we were once only around $3700 just few days ago. |
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Hello everyone, I'm brand new to this board but have been buying bitcoin (exclusively) off and on for 5 years. I'm ready to invest another $20K and was wondering what your thoughts were on my investment. As of now, I'm leaning towards the following
$10k Bitcoin
$5k Etherium
$2k XRP
$2k LTC
$1k Stellar
Thoughts?
Regardless, I look forward to engaging in talk with you all in future. Much love, Thomas
My first advise would be not to take any financial suggestions from random people in the internet. Yeah, the suggestions does help a lot but do not follow them blindly. Do your own research after everything and think twice before pouring down your investment on anything. I would recommend you to keep more than 50% of your total investment on bitcoin to be on the safe side. I personally do not like XRP so I would suggest you to invest on some other well known coins other than XRP. |
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Never heard of huobimena exchange before. Would advise people not to use this exchange until they have done further research about the exchange before adding any of your hard earned money into it. Look for reviews before even trying out the exchange. I guess you will still be needing to complete the Know Your Customer form before withdrawing it to fiat currency.
Any particular reason why someone would use your exchange instead of the well known exchanges?
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See the market has started to fall, all crypto coins show red. many say this is a correction at the moment, but there are some who say that the Whales has begun to Dump altcoin.
so does this mean the pump is over?
bitcoin has returned to 7000, without any major changes to altcoin. do you think this is good?
who is here who got the profit from the altcoin yesterday?
This is nothing new. We have seen this multiple times. Whenever bitcoin starts to rise, the price of altcoin starts to bleed and dump very badly. This is because, people starts to join the bitcoin market and thus temporarily sells their altcoins they were holding. This causes the price of bitcoin to increase more and on other hand, the price of altcoins starts to go down. Again, after few days, they start to buy off their altcoins at a cheaper rate, thus causing the price of altcoins also to rise. We don't know yet if the pump is over or not. Its too soon to say anything or to come to a conclusion. |
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Explain the cause of Bitcoin 'not coming down'
China is the country that helped push Bitcoin up 40% in the last 7 days. Do you think so?
In my opinion then with US trade - China is tense. Chinese investors are trying to drain their money to other assets like USD and Bitcoin, they think the yuan will continue to devalue. President Trump has increased taxes on China in the past 2 weeks, making the yuan 2% lower than the USD. Some people worry that China will reduce the value of Chinese currency to help cheaper Chinese goods to compete with US products despite tariffs. Therefore Hong Kong wealthy merchants are withdrawing money from China
Meanwhile, China is blocking people from selling the yuan and very strictly transferring money from the country, and Bitcoin is the only way. According to calculations by experts, 20% of Bitcoin trading volume comes from China
This is what I actually have heard. The US China trade tension has caused this price surge of bitcoin after Trump put on extra tariff on their import goods. The investors started to dump their stocks and jumped into the bitcoin market as soon the tariff was imposed causing the price of bitcoin to rise the very same day. Just a little bit weird. As far as I know, China put a total ban on bitcoin trading. How come they trade bitcoin then? |
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Of course limitation means more stricter rules. If rules are very strict, then normal users will feel reluctant to join them. So this increased reward gives them a reason to join those higher paying campaign. Again, since they have more rules, this means they will have better (not a shit quality poster) users, which means better quality of advertisement by the users. They sure can add a few extra reward for this . |
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Most of the cloud mining site that are available now are just pure scam. They are just HYIP or some other ponzie scam. If you ask them to show some proof that they are actually mining something or their mining rigs, they won't be able to do so or they might just show you some fake mining farm. Most of them are fake because cloud mining is no longer profitable and the just are running a ponzie scheme in the name of mining.
I would rather suggest you to buy bitcoin and just hold it.
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I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
Don't take financial suggestions from people online. This is your money and you will know the best way to handle it instead of those thousands of random online people. If you want to cash in or cash out totally depends on how much you are willing to risk. Want to risk high? Then just keep holding it after reaching a decent amount of profit goal. |
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Hello everybody!
I found this project called Yanu that has a real product coming out soon and the project seems promising.
I haven't been so up-do-date with other crypto project, so I started wondering if there are any other crypto projects that have or will have a product in the future?
What do you mean by "product" over here? I guess you mean output? If you mean if there is any project out there with a great output, then there are actually a lot of good ones. You just need to find them out by yourself. Never heard of Yanu. Kind of a sounds like you are just indirectly advertising for them. |
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