We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit?
My answer is Yes, while the market now was in red market though some alts are not in red because of the system of pump and dump concepts only. Then, while the market was in downfall situation its very hard to predict what could be the price or value of altcoins. Even in the applications of day trade hard to predict, even we knew its the wisest thing decision to make for us to make earnings in the end. |
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Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
Crypto can't be deny that nowadays was very trending, but it doesn't mean they are destroying the essence of fiat of course not. Instead, both would exist, besides we don't know what will happen in the near future. Even though, there are some saying that fiat will disappear but it is still a rumors and the future and destiny is depend on the demand of the community I think. |
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In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?
Actually, as far as I know there are some place in the middle east which are enthusiast of crypto and bitcoin currency where it is a Muslim country, right? so which means it is a big yes possible to be happen, in fact its already happened sometime ago. |
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Saving money on a long-term period of time has several ways, but if you are asking how to have savings here in Bitcoin or crypto world for what I did actually, every time there is a profit I received whether it is from trading or bounty campaigns I automatic segregate the 15% on my earnings then place and keep it on my offline wallet like hardware wallet or cold wallet then hold it in a long term.
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On selling the coins the community itself had their own reason why they sell, other's do it because they want profit only especially if the coins was gained into bounty campaign, most of them don't know about trading in the market, but for the deep traders they sell when it is already necessary to do it. But all of it of course are still depend on the individuals.
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I will follow this thread. I'm also interested to learn scalping and arbitrage trading. I'm a long term trader so I wanted to try short to medium term trading. I wanted to grab the opportunity on the volatility of the market. Guys please share with us your best practices about scalping and arbitrage. Thank you and God bless us more!
I'm with you bro. even me I want to learn more about it, doing scalping actually in the market for me is not that easy to apply. Because, when we talk about this things we are not talking about the rank we have here but of course, to learn deeply the right methods in a basic terms in the actual trading through scalping or arbitrage. Although, I most often heard scalping are really profitable but I always made a mistakes on this move. |
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Binance was still on top exchange in crypto or bitcoin trading, take note no. 1 platform exchange site in this business industry, which means they are doing the right things and giving more good services to all traders who used their platform as well. So, for me it was a good experienced to used this platform to make some profit.
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What is your strategy for the fall of the market and your forecasts
Now that I don't any capital investment to buy any altcoins, so the best thing I can do is to hold the coins I have instead of doing scalping in the market trading I might get wreck in a wrong moves. Then, if ever I have enough capital for investing altcoins I will take the chance to buy which I think it will give me a huge profit in the future when the bull runs come up like buying Lyl, pundix, utk and tky. |
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According to what I heard in the rumors Neo is primary altcoins here who is next into Ethereum, Which I think there is a truth behind those rumors. Though the price value of Neo so far was dumped like what happened to ethereum. In my insight of it, I think 2 years from now Neo will reach the value of 0.02BTC or more or depending on the demand or supply of their community anyway.
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I keep reading some really desperate people on a forum (other than this one) and they seem sure that crypto is dead, because it is scam etc.
Crpyto is not dead. Don't be stupid. HODL.
You're topic has been posted here many times, which I think was a kind of Fud that are not anyway. Those people who are most often saying these things are nothing in this forum actually. They are not deserving to stay here, instead this people are destroying the good image and good catch of crypto. Though, you said crypto is not dead. |
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I think ICO investors are decreasing day by day. Many well rated ICO projects can't make even the soft cap! I think this fall of ICO is happening because of the lack of investors! And many Investors stopped investing because of the bear market. What do you think about this?
Yes it is, but even ico investors are decreasing it is likewise increasing pal. It's the nature of crypto industry, and its the bad side of it also. Though, it is a normal flow every time there is an ico project running the campaign as well. Then if the decreasing will continue it means that the soft cap didn't meet, where most often the reason why they close or pause at once their campaign project. |
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Ethereum so far are a bit recovering I think, if you're going to check it in the market it is quite better, But still good a chance to buy now even so far Eth was a bit decreased its value because the motion was too aggressive and lot of eth holders are taking action in the market most of the time because of the volatility. But once you buy then Hold in a long term just simple as that.
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From what I understand, the government will be able to trace the transaction with BTC that you made when you cashout it on a payment processing establishment/company in your country. They'll be able to do that because most of these companies require you to provide KYC documents before letting you cashout your money from them. This will be the only thing that I can think of where they'll be able to link your name to any BTC transaction.
This one I agreed so much, we cannot trace by the government as long as your not giving any KYC. But once you convert your bitcoin and transfer it in the exchange where it is registered under by SEC for sure there is a possibility to track if you have Bitcoin balance thru getting your KYC just simple as that. |
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Of course ICO's wasn't killing Bitcoin, instead ico gives opportunity to anyone who want to earn bitcoin thru their coins once it has a value after their running project. Even recently, lots of ico'c ended up into scam project but still there is still good ico out there, just do some research first before joining in as investors or participate in their ico campaign.
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hello guy!
I find that near people are always worried and afraid of the future of crypto, when we invest in the crypto market, we also know the market will fluctuate up and down and its risk, I think it is Often, most of us are going to HODL and buy more when they think it's touching bottom, there are some people selling them, I think that's the decision of you and no what wrong. WHY EVERYONE DOES NOT PATIENT AND BELIEVE IN YOURSELF IN YOUR DECISION? This is what is happening now because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic and wait for the green boom to return.
The condition of crypto so far was not good actually, honestly speaking. Majority of them are mostly in red market, then only experts can make profit on making trade in the market then for the normal traders much better if you have coins my advise is hold in a long term for a moment and wait til you know you are earnings. |
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Okay so, i wanted to discuss this wallet, the wallet is called OraSaifu and you can check it on indiegogo website here : https://www.indiegogo.com/projects/orasaifu-first-all-in-one-smart-wallet#/The video promotion looks neat, and they claimed as "The Highest Security Level Smart Wallet", the funding already filled too. What do you think guys? Is this wallet will become the best wallet when it comes to the market? The UI is good too, i plan to buy one if this already come if this wallet is literally legit as in their video said.
Is this supposed to be on this section? Hmmm?? While watching their you tube about Orasaifu, it looks good and has a similarity to nano wallet, although they have still big difference at all to one another. But I think its too early to tackle if this will become the best one in our times either, let see what would be the response of the community members in this industry as well. |
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HOW TO STOP HACKERS TO HACK YOUR CRYPTO WALLET Protect yourself from cyber criminals Good day to all of you guys I am EdsnowAngel a programmer and a bit security tester in different platforms. Now I heard to my friends a lot of concerns saying "please help me my bitcoin wallet was hacked!!"Ok ok first thing first when your bitcoin wallet gets compromised then your funds was send in different wallet then it is irreversible meaning no return of funds!! so I wanna tell everyone how to protect your bitcoin wallet from such kind of situation. 1st: Protect your GMAIL or EMAIL ACCOUNT We all know we use GMAIL as our email provider for such accounts like blockchain then we can recover and approve login with email in some wallets, now when your email account was targeted and get compromised then say goodbye to your bitcoin.To secure your bitcoin wallet(ex: blockchain or other) go to your google account settings. and then turn on the 2FA(2nd factor authentication) here is the guide on how to do it: STEP BY STEP GUIDE2nd: Use your own DEVICE or COMPUTER/PHONE It's a very bad idea to use someones device(ex:from friend) to make a transaction in your bitcoin wallet why? because first you don't know what is the capability of that person regarding that matters and you don't know if that phone has a lot of malwares and spywares.So we cannot say that you are safe using someones device to make transactions. 3rd: Always backup you PK's or PRIVATE KEYS This is the most important thing to remember for everyone using your ETH or BTC wallet without backing up your Private keys then you can't recover you wallet in case you forgot your wallet.PK's are very important but there are thing you should do first. Make sure you store your PK backup somewhere that you only know and not from your computer because there are some spyware that might inside of your computer that can steal that file so make sure you back it up print in a paper and hide it to the place where you only know. 4th: Don't open links from malicious emails This method was called email phishing where an attacker will send the same email in thousands of random users once the victim will click the link in that email then his or her device was compromised to avoid this please do not click the links included in the email immediately please always have time to check who is the sender of that email and if that email is came from the site where it supposed to came from. 5th: Do not trust PUBLIC WIFI It's quite good to have access with free wifi's but have you think this: IS THIS A SAFE NETWORK? without you knowing maybe some of the people connected to that same network may have idea and skill on how to sniff passwords and credentials this method was so called DNS SPOOFING or SNIFFING if you want to use public wifi then use it not just with your bitcoin transactions. 6th: Do not login on Suspicious links This method is called PHISHING where an attacker will send you a link to login with your bitcoin wallet luring you with the legitimate site example is: the real site is: https://www.blockchain.info/the fake site is: http://www.blockchain.ga/then once you login to the fake site then the hacker or attacker will have now your credentials. Please always check for the green lock on the url bar and the word HTTPS in the link. so this are some of the way to stop hackers to hack your bitcoin or crypto wallet. If you have other information then you can comment it down and lets help others. Thanks for this wonderful tips of advise, it is a very big help to anyone here whether newbies or old members, Now I will also share this to some of my friends who don't know to stop hackers to hack our wallet whether crypto or bitcoin. God bless you  |
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Most people believe that the price of altcoins' is determined by the price of bitcoin and that they tend to follow it's market movements.
I partially disagree with this. I have studied prices of coins and tokens on CMC and the fluctuations of each currency seems to be unique and independent of any other digital currency. Some show strong pumps when BTC goes down and some heavy dumps when BTC is rising.
Undoubtedly, there are market forces and factors which affects most currencies, this is not influenced by bitcoins price, it rather controls bitcoins' price as well as others.
So when trading or investing, make sure you treat each currency differently as they have different utilities.
Its not the Bitcoin itself who controls the market, but of course it is still depend on the demand of the investors in it. Since bitcoin was a volatile we cannot says what would be the volume of it. Same goes with altcoins because of the volatility there are two things may happen always in the market which is Increasing and decreasing value. |
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My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
Well, since its your Dad Btc BTC the decision in the end will depend on Him still. But you can tell Him that there's nothing to worry about the price of Bitcoin while for now is down, but surely if your Dad will be only be patience and keep hold his Bitcoin, it will surely He will get the profit for what He waiting for, this is just a normal things to happened in trading market. Besides, there is no other way that bitcoin at the present will comes up to increase again.  |
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This life is full of risks and indeed we are all taking part of it. No one knows Satoshi Nakamoto but people have invested in BTC. In our education we even take risk considering the fact that after school you might not get work. Over the past months people have been complaining about the price of BTC and I think we should all know something very important. If you are a kind of person who is afraid to take risk. I saw some post talking of anxiety about btc investment and was like if you can't take risks just leave the crypto world cos you might end up getting Hypertension  . Check this post out guys- https://bitcointalk.org/index.php?topic=4706131.0 https://bitcointalk.org/index.php?topic=4469252.0Hope I am right guys? Any comments and suggestions. The logic here was invest only what you can afford to loose, then if you have any doubt never let yourself to apply, very simple isn't? Because everything in crypto especially on investment all are have risk involve, that's why before we get something unto it once we decide to do it, we are risk taker. |
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