Centralized and Decentralized exchanges had pros and cons, decentralized lack of liquidity and the majority of them are a low volume of traders while decentralized you can ask the support team anytime when had trouble or issues. Ain't know much about decentralized how it works but centralized exchange for is still the best.
Yes dex exchanges have low volumes but whats good with them is that dex exchanges mainly foccus on altcoins and erc20 coins . this the reason why airdop and bounty hunters love dex exchanges such ad ed/fd because they are the ones that list their coins . when it comes to support and other service i think centralized exchange are more better . Both exchanges are a risk to have transactions or let say storing your coins by not having full control. I may advise people not to store a big amount on the exchanges to have more secure on your coins.
Dex exchange are more safer than centralized ones because in dex exchange you are in control of your account in which you will only be using your private keys to log in .
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A small budget can be used for making more money in the long term trading. In the end, it comes the personality of the trader. If he is skilled enough he will be able to make a decent trading strategy.
i think with a small budget it is difficult to make more money because for now the margin to be obtained will not be much different, if you want to make more money you should have a much higher budget so you can get a much higher profit. even though you have the skills but it's do on a small budget, im sure it will take a long time to make a lot of money the guy above you is correct that no matter how small the budget or the capital is but as long as the trader is skillful , he or she can always turn that small amount into a verry huge amount in no time . even if without a budget , one can still produce a capital in the form of online jobs and the he/she can use that amount to do trades . he/she can then double or tripple it depending on his/her set of skills .
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We are in the end game now chaps! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Time to buckle up it is going to be a bumpy ride to the top. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Yes, bump I don't think that it will be a bumpy ride ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . We are going to slice those barriers like a butter and will just have some minor stops along the way to re-fuel. Everything looks good, someone already snaps his fingers and so the bears disappears and what's left are all permabulls. So let's see how everything goods but all TA is pointing out that we are heading to $7k. Bitcoin price can fall or rise like it is doing at the moment in an instant so it quite unpredictable. So I would say it is not smooth sailing but a wavy ride if on the sea of bitcoin price movements. It has hit $7k sometime this morning. The question is if it can sustain this level and perhaps even cross it and stay there. Guess what we have reach 7.2k mark this late morning cheers to us,but i doubt that bitcoin will be stable here for long and will not take a long time to go back to 6800-6500 mark again but hopefully this is the first step of bull run this year guess ? no there is no need for guessing because we all knew that bitcoin will reach that amount . 7.2k usd is too little and bitcoin can give more as long as we people are going to wait . i dont think that bitcoin will be stable at this point but what i see that bitcoin is now starting become active again ( active in fluctuations ) but your right . this could be a start of the bull run that all of us are waiting for a long time .
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Bitcoin is rising and others rise with it. Also, Ethereum looks nice, there is no huge Bitcoin dominance as it was before. I think now many investors will switch BTC-ETH. I expect Eth to reach 500$ by the end of the year
Ethereum could reach $500 end this year. If we looking on history price, i am believe ethreum is good investment now and current price not reflecting the product because ethereum used by most token in market and i think hold it for long term will be profitable if eth is the most used token in the market then why do you think its price is still the same ? price of eth is still low . that simply means that the use of eth did also decline . eth isnt the only one that can be used for token creation but there are now lots of token creation platform these days , few of them would be eos , tron , waves , and others ..... but eth for me is still the king of altcoins and i do also believe that eth can achieve 500 usd in no time . patience is the key
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Crypto has been banned due to critical issues on China last time. But the stand now is different lots of authorities are favouring now crypto and this could be the reason facebook are now enetering this business. They are trying to raise 1B$ for this payment system but Im not sure if this facebook coin will be blockchain based. crypto was banned on china , yes i believe on that but i dont think that it is the reason on why facebook also banned crypto ads . i believe that facebook has thier own reason on why they do it but now its nice to see that facebook change thier minds , now they are now allowing crypto ads which was great because this can help the adoption aswell as the price to grow more evenly
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I think, we will use some of the remaining BTC in each transaction. not in exchange. but in some crypto wallets available. there is no market for BTC. but BTC is in everyone's crypto wallet.
why not in exchange ? we are only talking about the supply and not the btc on the exchange/wallet . people will still continue the business that they do even if the supply of btc have run out . eventually BTC and crypto will disappear
no i dont think so . crypto such as bitcoin are too useful and i think people cant afford to live a day without them . they wont dissapear but they will become stronger . only weak and useless cryptos can dissapear but not the top one's .
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I think, if the scam rises, then BTC will be down.
there many reported scams ever since before when cryptos such as bitcoin are not yet really popular but cryptos are got even stronger and bigger despite the scams and negativity that it recieves . Current conditions are BTC rising and scams do not affect BTC charts.
scam do have a minor effect on the price especially if the scam was big but the price can still recover over time . when btc rises its normal to hear alot of scam news because people are also get tempted to earn easy money . they quickly enter without knowing the souce of thier investment if its legit or not .
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i think all stable coins are the same , usdt is only popular because it is the first one that came out while other came out late but all of thier feature are the same and all thier values are also the same because they are all stable . I do not see any sense in investing in this currency as it is "too stable". Cryptocurrency is live, and its main feature is volatility. When it shows the growth and the fall, it means that the crypto is alive, and it is not going to die. I think, here, we must talk about not stability but reliability. The most reliable crypto is Bitcoin
yeah you got some point here but unfortunately we are because we are talking about stable coins only . we arent talking about bitcoin or any other crypto . cryptos are unstable but not all likes this feature , thats why they are looking for ways to secure the value of thier cryptos and stable coins are the answer ,
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According to most crypto experts and analysts, long term investments have historically proven to generate more wealth.
what about short term ? the cryptos oftenly fluctuates (especially bitcoin ) and if you can buy and sell on every fluctuations that happen i think you can earn more faster than compare to long term investor . That is why, for some of my tokens, i am indeed setting my sights on a long term plan to fulfill my very goal. I am fully convinced that by doing so, it will be the means of support for my daughters college education.
for tokens yes . hodling them for a long term will be verry beneficial to you because tokens usually increase or pump for a longer time compare to atls and btc . btw you have a nice plan . goodluck to you , i hope that you achieve your dreams .
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I have been among the people that are optimistic that bitcoin will really rise this year, although I was not expecting the bull run,
i see that you are one of the bitcoin enthusiast but its strange that you dont expect for a bull while all of us are always expecting that bitcoin will have a bull every single year . new move of bitcoin now has been quite confusing to me . It seems to me that it is already trying to form a BULLISH pattern, I am being very careful now not to FOMO,
yes you are right that bitcoin seems to show a bullish sign but that is not confusing because the movement is straight without major downturns . it is a bit quite tempting though to quickly jump
yes it is and everyone is actually jumping because they dont want to get left behind . who knows maybe this pump will not last a long time .
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in some countries it has been implemented that cryptocurrencies are part of taxes.
yes i did also heard it once and i was shock because i though that crypto is an independent currency and shouldnt be taxed but those country made it possible . in certain countries cryptocurrency is still ignored to become a tax source. so lucky for people who are in a country whose government does not collect taxes from cryptocurrency, so there nothing to hide or commit a crime and against the law by not reporting taxes.
its not a crime to not pay tax as long as there is no law for taxing a crypto in your country but paying tax may have some benefits especially if their government is not corrupt . I was very lucky in my place cryptocurrencies tax charged where so small and I really didn't mind my cryptocurrency being cut.
i though tax depends on how high or low your salary was ? your tax charges is so small because your only a small time worker .
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there are no blockchain technologies before and all industries are still working fine but with the help of blockchain technology , all industries can become more trustable and secure however not all are going to implement this idea because they are afraid that if blockchain gets thier way , their business will not be fully controllable anymore ,
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Actually having a budget is good thing but based on cryptos budget plan may get ruined due to the price change so just make your budget plan in satoshi or in bitcoins.
budgeting can be done in two ways . its either you are going to budget your cryptos ( e.g you will only sell some for fiat or for other use ) or you are budgeting your cash for crypto investments ( e.g allocate 60 percent for bitcoins and the rest 40 percent for altcoins ) but your right ,cryptos are volatile and thier values can change from time to time so we better consider this thing out before we proceed for our budgetting plans .
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` snip `
If we know that earlier that the price will bounce back that easily after it touch $84 then all of us could be millionaires. This is a game of volatility as the price will depends on the market supply and demand. We need to place our orders in hope that it will rise the price in few days or we need to wait until it fully recovers. You are lucky that you managed to buy it at $84 as most of us here are waiting if this will hit the bottom to $50 which is now far to happen. he isnt lucky at all because 84 usd for eth is not rare . eth is likely to go down or become more stable at a longer time , so all of us can catch up if we want to invest for eth . i dont also think that all people will be millionaire just because eth bounce back after hitting 84usd because not all people are going for eth but most of us are here because of bitcoin . another thing is eth pump is not as big as btc pump , so the chance of you becoming a millionare is too slim .
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I think it is the right time to invest in altcoins. For Bitcoin, i don't know. But it is good to have some Bitcoin. It is better to have altcoins and bitcoin than USDT.
Dividing investment into bitcoin and altcoins is certainly better, I invest about 30% bitcoin and the rest for altcoins, bitcoin is always a top priority because the market is very depend with bitcoin. Only 30% for bitcoins ? So your saying that the rest 70% will go thru alts ? I think thats too high . youd better adjust it and make it 50/50 or better 70/30 . make sure you allocate more on bitcoins because alts will be nothing without btc . no alts will pump if btc is still in bear , this why people always prioritize bitcoin as thier main investment . speaking of investment , this day or this time is still okay to invest with bitcoins because right now we can see that bitcoin is starting its bull run
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this is the beginning of a bull trend and it is very amazing, now is the session of bitcoin and altcoin soon to get its session to follow bitcoin
If altcoin really follow bitcoin price and increased too, a lot of people maybe will take big profit from it. But i always hope people not dump their altcoins because want to hold bitcoin and wait it increased. Most users will prefer to hold while others are expected to dump thier coins as early as possible because of fomo . they fear of missing the bull . when it comes to the connection of price between alts and btc , i dont think that is true because i still didnt see that altcoins increase despite the huge gains that i see right now for btc's value . or maybe im wrong ? Maybe its too early or too low for the price of btc in order for alts to follow it ?
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If you follow the crypto news you will know the ethereum pump is due to the soon to be released ethereum futures contract. Better to buy up now before the institutional money goes into eth
I dont see that etherium have pumped. What i only see is bitcoin starting a bull run . news does not also influence the price too much because not all people will easily believe or follow the news . about the contracts that you are talking about , eth do always have a new contract with ico's but still its value is hardly moving up . Better to buy up now before the institutional money goes into eth
Buying now is okay because the price were still cheap but its still okay to buy at highs because eth is a coin that also have a bright future same as with bitcoin .
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Ive heard that the hacked didnt affect the overall market of cryptos and infact after the said hacking incident , the price of most cryptos are now skyrocketing . so we can assume that the drop of binance coins are only normal . traders and investors do also sell thier coins at most times and thats the reason why we see some coins declining .
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Afaik this question has been asked and discussed all the times many times but there are still users that keeps on asking this same question . dunno if these users are only newbies or the old threads were only dumped but anyway ill still love to give my own opinion regarding this one . investing in cryptos do not have a specific date or time
you can invest whenever you like because cryptos themselves do have a uniqe ability , that ability is to recover and grow more no matter how hard they fall .
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Who would win in terms of price? I think Bitcoin Cash still win as they using the name of Bitcoin and aiming to take over Bitcoin. However Ethereum is a different thing as its built for smart-contract. Ethereum is for people who wants to build a smart-contract and their tokens for their business. So, Ethereum and Bitcoin Cash are not in a direct competition.
In my opinion, the two cannot be equated, because ETH was created for trade that is independent of bitcoin and has its own future, which is an independent coin which does not depend on other coins. While BCH was created as a duplicate of bitcoin and became a supporter of crypto trading, where investors who have less capital can invest it in BCH. Both coins have good prospects which lately prices continue to rise. Today's ETH costs USD 175, while BCH costs USD 292. But still both bch and eth are still crypto and both are altcoins therfor its okay to compare them but we can clearly see the difference between them . bch have a high value and more suitable as an asset or for a currency use while eth do only have a small value but its verry useful when it comes to token creation for an ico . both coins have their own pros and coins so my vote would be tie
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