Not necessarily that the economy based on cryptocurrencies is safe and there are many cases of scams. But cryptocurrencies help the economy thrive. Countries with strong economic growth have very high participation in cryptocurrency investments. Cryptocurrencies trade quickly, costly, and high profits.
The economy of any state cannot be based on cryptocurrency. The economy of the state will always be based on national currency. Cryptocurrency is still little studied, to say now what problems it can solve. It is unlikely that she will be able to solve any global tasks of society at all. Moreover, it cannot solve the crime problem; this problem cannot be solved only with the help of financial leverage. Still depends from how the government will allow this system, there's no change that will happen if same people will use it. If the users will choose to use this system illegally then there's nothing can stop them and it will be much easier for those illegal doers to facilitate their activities. Crypto might enhance the process to make it much quicker but in whole it's still depends from what the users will adopt the system.
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It is certainly be depending of what coin are used in trading and also the trading bots you'll have. I can't really say that it was more profitable or not than manual trading as isn't proven above. But the growing number of trading bots existed nowadays, I believe that it works well. However, some traders are much confident of doing it by themself rather than relying on bots.
Indeed, people who loves chasing the changing market paces are more likely to trade manually than using bot. It much enjoyable and more learning to achieved once you trade manually as you will be able to observe and analyze the right pattern to use. Eventually when you master this system bot can be helpful since you have a better confidence to entrust your position with the help of the bot that will performed for you.
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You are always taking a risk because you know that there is a possible profit into it. Always think of how much profit you can gain before you sell your coins that you hold for how many years. Do not sell your coin of it is not profitable because you will lose your money by being impatient on the markets price. Patience is really the key and you should always remember that.
Estimate and assess your assets and just like what OP said profits is a profits no matter how big or small but if converted to fiat and you find growth to your original investment it's far better than keeping it inside your bank savings. It's your good instincts whenever you place your position, buy low and sell high still works if you know the right timing.
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i think so. but not all people agree, because they hold coin for too long, or need to cash out theirs but cant cause expensive price of the first te bought it, and they need something big move. for some people that have much profit or good fund, this is good for their profit in the future
Depending on how investors treat their assets, if they can hold for long term and able to wait for the next bull season this bear is a good way to accumulate more assets. Also, if you have good money management and you have separated funds for your emergency and personal needs it will be a big advantage for your long term holding.
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Experimentation is they say the key to getting it right but the truth is you are going to fail when you are starting out so i think you should just take it as easy as possible follow some pattern learn your trade and maintain your margin dont hurry to make money instead relax and do it well
Take a easy step if you are aiming for long term success, though taking the risk can make your journey much quicker. If you do understand what you are doing and you do accept everything including the losing part of your journey, doubling your capital can be done, as there's different ways and kind of trading that you can use to make things possible.
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Scammers are literally smart people after all, they are so intelligent that they keep getting huge amount of money from their victims. If we want to avoid scammers then we should be smarter than they are, how are we going to be smart? It is simply by studying and by researching. We should seek for information in order to easily identify scammers and also the scam projects.
Knowing what you are doing around the field that you are investing your money is the very wise thing to do. Victims are being fooled without knowing the techniques that scammers are using. But if you will do your best anticipating and understanding all the protections that you'll need scammers will take a hard time to penetrate to you.
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Starting to buy Bitcoin as many as I can afford. bcz I think Bitcoin would be great in this year pump from $ 3,000 to $ 13,000 is a good thing that I think new ATH will be reached
if buying altcoin, I prefer to wait until its time, which is altseason.
Alts are very volatile you never know when the market will plunged deeply and if the project will be able to recover back. Unlike with Bitcoin since there's a lot of people who already in this industry and willing to take the risk. The chance to bounce each time it fells always been shown up. The drastic upwards after that huge fall early months of 2019 and jumped back could be a good hints to everyone who are preparing for this year.
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usually before and during the fork process, the etherum value can actually go down. but after that there will be a big pump. we can indeed hope a lot, especially if etherum 2.0 can be successful, then the big pump of etherum will become real.
It's going to be defined by how investors will comes up and bring their trust and money inside this coin. There's no clear assurance that the market for ETH will going to pumped after this updates. It's just speculative and nobody knows what will happen. Keep yourself updated and learn to adjust from time to time.
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I think it would be better to spend more time in the market if you feel stressed by all the input that is difficult for you to receive, because with you spend more time in the market at least you will study every move that occurs and determine which way the candle will go with more strong and convincing. Because after all, the two ways of trading that you are interested in will produce a variety of benefits and certainly it will be for your benefit.
Taking your time to study and do your research before doing anything will enhance your skills in picking the right position each time you deal inside the market. You are the one who are incharge in any decision making and if you are very keen then staying inside much longer will give you the hints that you are aiming to properly drive your trading position.
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Depends on the experience, if you already good at trading and know the nature of the current market, 50$ is really enough for altcoin trading. I'm not recommend for investment since investment right now most of them are scam and you will never get the 100% ROI. So, i think casual trading on some big exchanges like binance or kucoin is the best for 50$ value.
You need to have a lots of time to understand the market and on how will you get the chance of getting good strategy to work. There are lots of knowledge that you need to acquire but it's achievable if you are keen of getting deeper and with what you have said that you are not aiming for quicker and bigger profits that's a good start.
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I think cryptocurrency market is at flat stage. Bitcoin price is not changing fast, there are no signals for significant growth or dump, so if you hold any crypto you need just wait patiently for the growth.
You need that very bad not being frustrated with how the market is acting right now. If you practice well and you acquired good knowledge about the current situation, you'll be able to get more detailed approach and you'll be able to make things to workout with your planned strategy. Alts that have real usages will bring value to your money keep finding the right coins to invest.
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He's actions only be define by himself alone, whatever the reason behind this we are all speculating and none of us can really say if why and what will be the reason why he dumped this numbers of coins from his holding. Nothing but to wait for the actual impact as there's big movements yet inside the market.
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I'm not sure what caused such drop to BNB but I'm happy as I can buy some of them now. I see potential in BNB and transparency is the main factor not like other exchanges that manipulate volume.
Good value for your money if you will going to take the long term investment. It's not easy to calculate but if you are going to go deep in. This project have a good potential that will rise high again and bring decent to your investment. There's establish business behind and good developers that are engaged to this coin chance always open to everyone.
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I think you should just start investing on the altcoins that recovers so fast like how bitcoin recovers its price also after dump. Also, you need to put some extra effort on researching first before you invest on a specific coin. Always try to have some patience because having some patience will for surely gonna read you to success.
Going deeper as you need to workout with more ideas to make things works with your investment. Patience adds good edge with this type of industry. You'll be heading to the right path once you learned how to play the right things from the market. Hold and wait, positive approach will bring good benefits to your money it will value the wait.
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The year 2019 was a very good year in my cryptocurrency journey. I was fortunate to join several good projects bounty and it paid up, though I join much more useless bounties, but I want to count my blessings. I was also fortunate to sell my ethereum and btc when we had a brief bull run and it was worth it because the value has dropped by over 50% now.
Good for you as your success journey happened this year. Most of those who able to bought assets like BTC, ETH LTC and BNB happened to gained good profits as the value bounce from the last year's dumped. This volatile market keeps bringing hardships with investors position but chances still alive just need to workout with your better understanding.
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if you have 1 btc.... give us the strong coin that you will invest in and hold it and why
My number one option is to keep that as Bitcoin. I might not really exchange it for something else. We all want Bitcoin more than any altcoin. In fact we are trying our best to gather altcoins so that we will have Bitcoin. We are trading altcoins as best as we can so that our Bitcoins will grow. So why would I convert it to something else if that is already a goal achieved? Good point, as you already have the best coin for your investment not unless you already have a good knowledge and best strategy to work with your short term trading. Everything depends on how you understand the situation and what attitude to use for your profitable journey inside this industry.
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It is just like the other bots? Coz they also says this one, 5%, 6% to 10% profit in a week or in a month. I find it false information since the market is very unpredictable you can't just say that traders could easily pull of a 8% profit in a month. And is $50 fixed? coz if that's the case then it is comparably high for a 'new' like this, you could've started in $10 or $20.
There's no fixed profits as the value of coins are volatile, chances that the 10% gained can be 20-30% losses in fiat value. I don't really understand why OP needs money out from other people if he can generate good and stable benefits from his bot. Best to assess if you are thinking to invest with this program make sure to value your money.
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There are people who do not appreciate the small amount of bitcoin. I am kind of person who appreciate the small amount even if it is satoshis. I do not know but for me it is really good to appreciate small things. It is worth it after because we should understand and appreciate small things first before big things. I earned many satoshis before and that time the price of bitcoin is still cheap, and the value of the sathosi that I get before is now high.
Remembering those old days might bring inspiration to appreciate even small amount of satoshi to receive. As time might come and the amount will rise high again and give you decent profits. Like what they've said each satoshi can grow big and surely it will be much appreciated if fate allowed you to get the right timing.
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You can go for udemy courses they start as low as $10. One my colleague who is now freelancer in ethereum smart contracts learned solidity from there.
If you have good interest with this type of learning you can go with this kind of paid education then to adds up to your knowledge you can also watch more Videos from YouTube and keep your learning continuously. This kind of passion will give you good chances to land stable job or profitable extra source of income.
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I just think otherwise while on vacation some people will sell their bitcoin for Christmas and New Year's needs. and some people will take a break from cryptocurrrency activities. and if we see yesterday there were no drastic changes to bitcoin. bitcoin prices are stable at $ 7,300 going up and down a little. and I think until the beginning of this year the price of bicoin will remain at the level of $ 7k.
Observing the market or just assessing if how things will proceed after this year will end. Many investors are just waiting for the right timing to buy their assets some might adding more to their holding while others are just coming back and looking for good opportunities to earned inside this industry. There are reasons for each investors and traders that only them can explain the position they're taking.
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