Today I've decided to sell my car to invest in IEO or ICO.
Is my decision right?
Is it with a lot of investing in IEO can refund my money?
No, it was a completely wrong decision. It seems that you do not realize how this crypto market works. Here, there's always manipulation and money laundering. sometimes projects with a strong injection of money are also projects funded by money laundering plans of some organizations. So there are no good ICOs or IEOs, it's all a scam and the speculation in ICO or IEO projects is very high. Besides, the heat of it has also died out a few months ago. I advise you not to do that, use the money you have to learn trading and make more money by trading. Also, don't venture in this market, sharks are dead by scammers! |
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Yes, I know that there are many coins , and everyone has a favourite. But with the Ethereum 2.0 upgrade close, the move to Proof of Stake and the performance improvements promised , is now the time to get seriously into Ethereum ? I discuss this in the following video , as well as the opportunity it provides : https://youtu.be/O8gTpGu9D_cBy the way , if you forward to 13:15 I also share my equation for getting Bitcoin at a lower price I think it is not the right time. You know, bitcoin will continue its downward trend in the near future if it doesn't break through the $ 10k mark. and the high probability it will rise to $ 7k9 and then will begin to plunge, the figure is predicted to be $ 5k5. Although ethereum 2.0 news is great, the price of ETH is always affected by bitcoin. Therefore, we need to wait longer to buy ETH at a cheaper price. Like early 2018, just be patient and we can buy it cheaply. This time I predict the bottom price of ETH is $ 110 and that is the appropriate price to buy. |
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Earlier this morning, I read from whatsapp group how IDAX CEO, has suddenly gone missing. If you doubt this, read full story on IDAX blog here http://idax.zendesk.com/hc/en-us/articles/360037327571-Urgent-announcement-about-current-situation-of-IDAX-Global As I speak, cold wallet in which all crypto assets of users, investors etc are kept in custody is inacessible. Perhaps, if anyone should have veto access to it, would be the CEO basically. I can't actually afford cold wallet so a decentralized wallet was the best option for me. Meanwhile I could have used 75% of the fund to get a cold wallet but for the flexibility in moving funds, and some cool features of atomic wallet not available on cold wallet. I'll start to use the latter when I need to store up to 100BTC for lengthy period  In my opinion, I think IDAX is attempting a scam exit. We all know how cunning they can be when they're ready to ooze off. Different strategies they use. And now, even if the CEO shows up, users will flee the exchange as they will lose confidence and trust for it. And that would be the beginning of the dead end of IDAX. So, I'll advise that you start using non-custodian waller. Everyone has been encouraged to use cold wallets to store coins. This is one of the best ways we can keep the security of our assets in a market full of scams and hidden hackers. Besides, we should never deposit our money into such exchanges. IDAX has had many allegations of fraudulent IEO projects and before that it was impossible to withdraw, ... so the experience is that when you hear such news, you should never use it. It is very risky. |
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Yesterday, the South Korean exchange Upbit was compromised and $50M of Ethereum (ETH) was reported stolen. $16.5M of that stolen ETH is on the move and has just been sent to another unknown wallet.
The hackers responsible for stealing from Upbit appear to finally be dispersing their plundered ETH. Whale Alert (@whale_alert) is reporting that around 109,270 ETH ($16.5M) has just been transferred to another unknown wallet.
Not even the most popular exchange, Binance, is safe from these hackers. No matter if these exchanges have installed high security measures, the hackers are always coming back in a new and innovative way to counter those security measures even up to the highest level.
As of now, I honestly think that if this one continues, hackers would become whales and become one of those who can control the cryptocurrency market.
they have been whales themselves for a long time but they want to earn more coins to manipulate it. You know, every time it hacked, the market dropped slightly. This is really worrying. But one thing that makes me even more angry is that exchanges have very bad layers of security and can't make their exchanges last long and secure. now it steals less, but after it will get better and can rob more. Hopefully large exchanges now buy more cold wallets to store coins there, which will cause less harm. |
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I also foresaw Litecoin's future about how bad it would be to keep its price low. miners are getting depressed and they may leave litecoin anytime and they can move in and mine bitcoins.
Meanwhile, Litecoin transactions will become much more expensive and longer. That makes the frustration for litecoin believers and users for a long time. It's no joke that Litecoin's transaction fee has increased by 5 times. in the future it will increase more and more events will continue to happen.
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Considering the safety of your coins and the simplicity of staking process, do you stake in centralized exchanges or you consider using crypto wallets that supports staking like imtoken, trust and atomic wallet.
Where do you stake?
I usually staking at exchange Binance because of its high profit. Although staking on an exchange would be a real risk, I think the Binance exchange will not be so bad as IDAX. Although it is the same country, I think Binance can still live because they have too large network and give China a higher GDP index every year. Given all these factors, I think staking is still quite safe for large exchanges. Besides, the benefits are quite obvious when you will get interest rates higher than the bank to 6% a year. |
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In fact, I exchange crypto daily with my friends and clients. by everyday I bargain low to buy bitcoins and sell the next day at a higher price to those who need it. We only trade in small circles and I make a lot of money from it.
Besides, I don't use crypto to pay for any kind of service because it's quite inconvenient and almost no kind of service accepts cryptocurrency. I think this is only available in developed countries like the US, China, Russia, ...
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The world economy keeps crashing with many incidence of inflation. What is happening at the moment is a clear indication of a world that has failed the minority. Although the underdeveloped countries could partly be blamed for the high inflation that exists in their respective economies. Would things turn around for good if underdeveloped countries start to add value to their natural resources themselves without selling to the countries with good economy?
I don't think this is a good idea. Foreign trade is very important for the 4.0 era, so that China has become the No. 2 power in the world based on its resources and cheap labor. so we should actively support poorer countries to trade more and what they need to do is improve the quality of their products to create credibility and there will be more demand from more countries. . for example, in less resource-rich countries like Africa, they should focus on other things. be it a technology service or something that is not related to resources that can make money. |
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This is a pretty good article and it speaks true to the current situation. There are many responsibilities now placed on women by a balanced world between the five women taking place. That's why the women are in financial need like men and trying to get their achievements. This is a positive point that women are strong to remove the "housewife" layer dating back thousands of years. and the crypto market seems to be a good place for women to start practicing financial transactions and become more successful.
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You can imaging that if some 'third world countries' become a 'Bitcoin standard' monetray system , and show the Bitcoin savings address, what will happen?
Bitcoin will not be issues over the maximum supply ,and nobody can make a 'fake bitcoin'. These country need to save x bitcoin to issue their monet, they will have a healty economics system, the other countries will happy to keep their money and want to trade will them.
People won't be afraid of inflation , and the prices will not go high in a long cycle times.
Besides these positive points, it is certainly not a stable and peaceful country. why? because no country wants to hold or trade currencies that are always highly volatile and manipulative. That is also the reason why many governments hate crypto in general and bitcoin in particular. they are afraid, they are afraid that people will detect this "decentralization" and then carry out money laundering or manipulating operations that the government cannot control. For the financial world, it's one of the worst things no country wants. |
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all of these emotions are bound to be encountered and struggled to control and thus devise plans to prevent such a bad thing from happening during the trading period. But there is another kind of emotion that often makes us even more unsuccessful. when we have just met a losing streak, we seem so obsessed with it and when opportunities come we miss it again.
so never mind your failed transactions. We need to be more alert to continue winning. do you agree ?
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hi,
is someone accept credit card as payment option for trading, I will like to buy bitcoin
I think credit card transactions would be bad for traders. because this is a decentralized market and if you trade through crypto and the bank finds that you make a lot of money then the tax authorities will probably make it difficult for you and you have to pay higher taxes. Besides, transactions between credit cards like Visa or Mastercard cost more and it can be up to 3%. so you should go to the black market deals for better prices and faster transactions. |
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I didn't quit trading but i moved to forex market. And as all they say technical analysis is the key to win in this market and there's many youtubers showing their money by trading forex anyway I'm not sure of it. The problem lately i watched some people saying that technical analysis is bullshit and I'm really confused
What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
And which is the best market to trade for a beginner.
Yes, definitely the basic knowledge you need to master. These are indicators like EMA, MACD, RSI, Stoch, ... then models such as hammer, triangle, shoulders - head - shoulders, flags, ... then more will be the careful analysis. More sophisticated techniques such as Fibonacci, ... there are many things you have to learn but learning is not enough. You will need to spend more time and money to start trading. and the average time a trader can start making steady money is after 3 years of training and losing a lot of money. but it depends a lot on your effort, maybe shorter or longer, depending on how you see it. good luck. |
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Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!
with all that combined, you're only about 15% of the odds. I had heard about Warren Buffett's advice and he was right in the financial markets. He said that the financial market always has a special feature that not people with high IQ will have higher win rates, but those who need a combination of both EQ and IQ. That means that psychology contributes a very important part in a trader 's trading career and it makes it all. First of all, to become a good trader, you must be a good at grasping and analyzing the psychology of the crowd. |
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I have read through this article of him and have seen this series of holy curves. but the future is never foreseeable and the sharks never anticipate such a long journey. Believing in such judgments can easily distract us from future trading or speculation. In my opinion, we should have a separate view on the market price line. In Bitcoin, we are seeing a clear downtrend and are waiting for a new uptrend or it may continue to down due to bad news in China. but I think the market will soon collapse again and it will fall to the price of $ 4k. how do you think ? |
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Yes, these are the things that often lead to the failure of a new trader. I like a ratio like this about the success of traders, which is 25% of knowledge, 25% of risk management, 25% of psychology, the remaining 25% is flexibility. When we are good at knowledge, our win rate is only 25%. That means that to become a true and successful trader, that trader must have a combination of the four elements on smoothly, at least more than 3-5 years.
The average figure showed that Americans in the first 3 years of trading in the foreign exchange market lost over 15 thousand dollars. Therefore, we need to persevere in practice and maintain our position to learn more. and nobody else then Mr. The new market is your best teacher.
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Im expecting more downwards on the price of bitcoin till the 1st week of december and from that bulls will be preparing to enter the market to blew the price of bitcoin back to 10,000$. And will continue till next year for that 50,000$ price.
Bitcoin's price will undoubtedly fall further in the near future and the bottom price will range from $ 5k5 - $ 5k8. It will be the same as the end of 2018, when the market will end the downtrend and will grow strongly again. Don't wonder why, because it's financial markets and that's the Dow theory. I also hope that there will be many good developments in the world's economy by 2020 and that it will affect bitcoin's price to push the price above $ 16k. Anyway, this is still a good time for us to buy a few more bitcoins and hold it until the halving event, it is sure to bring big profits. |
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Portfolio update. Your thought is really important for me
Cardano 22,91%
Neo 14,33%
Ravencoin 14,17%
Iota 10,38%
Ontology 9,66%
Nano 9,44
0x (zrx) 7,50%
Dusk Network 5,30%
Apollo Network 3,01%
Vidt 1,16%
Own (Chx) 0,62%
Morpheus Labs 0,58%
Lition 0,48%
Swarm 0,41%
wow, there are too many shitcoins in your porfolio. I think you should get rid of shitcoins like Swarm, Lition, Own, Ox, Dusk, Morpheus Labs. Those are the coins that I have seen before about their idea and it looks so silly to the crypto market and their community is so small. These are not good signs in this bear market and in the future. You should stop buying these bad alts and just focus on investing in top coins, and by 2020 you will make a big profit. I encourage you to hold more ETH, BSV and TRX. |
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Honestly i still feel its a bull trap and bitcoin will reach down below 5800$, before real bull market begins...How many of you guys agree with this ?
yes i totally agree I think the bears are strong and they are hoarding bitcoin to push it down again so that sharks can collect more bitcoins than ever before. Of course, the old bottom will not easily repeat and I think the lowest bottom will be $ 5k5. then the downtrend will be over and we will have a fairly stable stable period until Q2 of 2020. then the bull run will come back and now is definitely a good time to buy and hold coins. |
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How to know which alts will "explode" after dips like this one.
There are tokens with +50% on the first page of cmc
I am using Newscrypto.io tools that are helping me with the trading but what else is there to do?
I think good alts with high pumpability are only at large exchanges like Huobi Global, Binance. We are participating in the growth signaling groups of small alts in Binance and they only use technical analysis tools. and Fibonacci, Bollinger Band are the most important technical tools to determine whether an alts will increase or not. You can learn more about technical analysis through books and tips on YouTube. It will help you a lot instead of searching for news. |
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