You did not understand @hugeblack. Altcoins have more impressive performance when they are in altcoin seasons but you forgot two important things about investment or trading.
This nature is closer to gambling, there was no logical reason for Dogecoin to rise except for unexpected tweets from Elon Musk, Polygon network offers nothing but low fees and you noticed what happened in the latest hack. The point I want to make is that altcoins follow Bitcoin in price and need a unique event to have a better return on investment than Bitcoin, this unique event depends on luck, you can't always be lucky and it is dangerous to build an investment plan on luck.
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Bitcoin has proven that breaking all resistance levels is not difficult and that everything can change overnight, so the 46000 or 48000 levels will not be strong psychological barriers, but rather areas in which the price stabilizes for only a few days. In general, unless we reach a peak or a new peak, the possibility that the price will be between $25,000 and $61,000 is the case. All resistance levels inside this level will not hold for long periods (a week or two.)
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The greatest danger can be in the ignorance of many in the current financial system and considering Bitcoin as a means of quick profit, and therefore all they care about is the price aspect apart from all the other advantages that this technology provides. The rest of these risks will diminish over time and within 10 years the risk of securing the private key/seed will remain the biggest problem.
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Here are several ways to make a profit, the most important of which are:
- Trading: It is called a way to get more money by trading cryptos, either by transferring between them or by providing exchange services. - Investment: There are many cryptocurrencies with a good future, but I only recommend Bitcoin and Ethereum. - Gambling: I don't recommend it at all.
There are ways to acquire bitcoin, the most important of which is either buying it or providing services in exchange for it, such as programming services, marketing, and others.
So in short, you need to get a job and additional income to buy bitcoin, and then it is better to invest (do nothing and buy more when the price drops) and after several years you will make a good income.
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If you look at these tables with a little wisdom, you will find that most altcoins are not worth investing and that only Bitcoin is good in the long run. It is true that there are some competitors, but their number is few, and therefore it is better to distribute investments in this field based on this nature. The last months are often good, so we hope that the price of 65,000 was not the top.
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Personally, I see that the central bank guarantee is two things:
The acquisition of these currencies value: meaning that they have a value compared to the rest of the papers and therefore must be accepted for trading. Ensuring that there is no fraud in it: here, the transparency and the decentralized management method provided by the Bitcoin Blockchain guarantee this.
Thus, Bitcoin succeeded in occupying a similar place to paper money, and therefore many began to use it.
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Good traders work silently and teach others. As for those who publish their trading plans, they often get additional commissions from the projects they promote and therefore can afford to lose unlike you.
The easiest and most profitable way is to learn on your own, prepare your plans and then test them to be an expert, and if you need any help, many people in this forum are ready to help you.
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— Use a very strong password for your wallets — Have backups for your wallets as well for your assets by sharing your tokens into different wallets to avoid losing all at once as the case may be — Save your private keys offline
— + destroy old files if you don't want to use it in the next weeks/months. — It is a good advice, but the most important thing is how to distribute these wallets, create them, and keep them safe. Otherwise, distributing wallets will increase your risk of losing one. — Generating private keys in a secure environment (including offline environments) is just as essential as keeping them because at any point these keys are connected to the network, the risk of your wallet being compromised increases.
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I think that many of mods/global mods have left and none of them have been renewed, so this claim seems logical. The question may be who will be and whether he has enough experience in identifying low-quality posts. I don't visit the political department but definitely the politics, off-topic and altcoins need more mods. In general, my activity in the forum is no longer the same as before, so I do not know whether the spam level is normal or not, but in general we need more global mods.
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If we make serious classifications, for example, how unique the code is, the developer team, the technical development, the real trading volume, the number of actual users of the currency outside the platforms, the number of places that accept payment in that currency, we will find that the number of cryptocurrencies is counted by fingers.
The rest of the coins are copy-and-paste templates for developers to make a quick profit.
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Hello @LoyceV Please add that the user must add his username with the request, many people have sent me a message and they did not include the account username and I can't search for users using the email.
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POS make dev and old members a way to make fast earning. It represents the easiest solution to the problem of fees that most currencies suffer from, but it does not mean the desired decentralization.
Profit will not be easy, you need about 32 Ether, which is not a small amount.
Other than that, all types of stamping involve little risk or dependence on a third party.
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Am I the only one who doesn't see any connection between all these points? Inflation and the fact that a currency is a store of value, scarcity, deflation and other things do not make an asset uniquely valuable. But how to manage the quantity supplied and increase demand is what creates value. For example, there are many altcoins with a smaller supply of Bitcoin, yet it is not of the same value.
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Personally, I don't see anything strange about what is happening, regulatory actions will escalate as more people stay on a platform and then Binance will fail to break away from regulatory restrictions. This is not to deny that the platform is trying to hide a lot of things, yet they are trying to impose identity verification procedures on users.
Also, the withdrawal limits are the same. When the price of bitcoin was 5000, the limits were 2 bitcoin, now the limits are the same if the price goes up.
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you have CVE-2010-5139 when block 74638 contained a transaction that created over 184 billion bitcoins for two different addresses. after this block chain had to be forked and all old nodes need to update them code. so bitcoin 0.1.0 can't work then.
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I've always thought that Justin Sun is a person who likes to show off and can solve problems but he is a rich person who tries to increase his money in every way, maybe a good looking version of McAfee.
10 million dollars is not a huge amount, and therefore the problem that the platform has fallen into seems normal, but I hope that the way it is managed will be moved from people like Justin Sun. Binance also try to hide a lot about their location and how they comply with legislative regulations. Personally and for people in the US, as long as you want to use a centralized platform, there's no reason for any alterative of Coinbase.
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I also live near Dubai, the industrial area has accepted cryptocurrency payments but the adoption is still not wide and any brokerage in conducting transactions is considered money laundering. Generally do you have a registration number? A business or anything that can help us verify the credibility of your claims? How will the refund process be done? And what is the source of the money you will pay, as the government does not accept payments in cryptocurrencies.
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Thank you for this, I was looking too about this simulation software/app mostly the one I checked on google are just bunch of useless simulations. I'll check this list I hope I find some good/interesting software where I can test and analyze my trading, if it doesn't work. I really think I should enter the market and have small investment just for testing and to analyze my trading.
Entering the market is a practical experiment with the idea of controlling emotions and studying market behaviour. Thus, you train yourself with amounts that you are not afraid to lose, and over time you learn to control your emotions, and thus the strategy you have built will be more accurate. Simulations help me master how to turn theory into money.
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Don't think about how much you can earn from signature campaigns or get merits. It is much more than that, the more you do, the more you realize, and the more you can earn with a little effort.
Therefore, reading is not the only thing, but rather an attempt to understand the basics and expand their explanation, as the explanation increases and enhances understanding, and therefore reading is useful.
Cryptocurrency is not about how to make money fast but about understanding how money works.
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Sharing the email address is the first mistake and opening spam messages is the second. You should open these messages regardless of their content because you will not get anything useful from them.
Greed can be accepted for opportunities with risky investment and not for obvious cases of scam that end only with losing your money.
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