To make 100% to avoid scam is impossible because even the good project can turn into scam if one of their team member do,but you can prevent it by doing some research of the project you want to invest,escrow for an ICO i think it is not posible.
Also not all the projects that fail are scams, you just need to look at the world of businesses to know that most of them fail even if the owners had all the desire to become successful, and the same applies to the ico market, there are many good persons out there that are trying to develop something new but they are underestimating the difficulty and the costs that it will take and so the project will eventually fail. |
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There are two features I want bitcoin to have, number is scalability and second most important feature I am looking forward to see in bitcoin is to develop the blockchain technology to a level where no one can hack any bodies wallet.
The scalability issue is being the solved right now by the developers but the second point that you bring is not right, your wallet is very secure the problem is that when it comes to computers there are many ways to achieve the same result, even if the software behind the wallet is impossible to hack there are many ways to get the necessary information to steal your coins. |
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Social media is a good source for learning on how to use strategies and at what time. Just keep in mind that many traders offer their advice for a particular situation in a particular time. You should design your own tactics, at your own pace. There is no guarantee that everything you see in these guides will work out for you the same way it did for posters. Keep learning, trade, and draw your own conclusions. https://www.cryptocointrade.comThanks for your advice  I'm aware some experienced traders take to social media platforms like twitter to share their analysis and observations. I'm also aware that no one can correctly predict what happens in the crypto market. But I do find to observations to be helpful expecially when I add it to my own research and due diligence. This is the only correct way to use that advice, I see many people that are using the signals that they are getting in social media to trade immediately and that is a huge mistake, in the best case scenario you should use that information to supplement your own analysis and nothing more and if you are incapable of creating your own analysis about what the market is doing then you should not trade. |
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Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
The bear market still offers a lot of opportunities to make money but you need to be very good as a trader in order to make money because the market can be very unforgiving, this is exactly what we're seeing right now with the huge correction that is happening at this moment in which many coins are losing a lot of value in a very short amount of time. |
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Hodl just until the coin goes up again, because with this one-on-one way so your money is not lost. if you are in Stoploss in a minus estimate then your money will be completely lost.
but different if you have patience in Hodl, until your coin up with his own. Surely you will experience profit.
Of course it's not just the stomach that shakes because of the dips but also your head will become dizzy seeing the assets you have depreciated, you're right maybe the solution is to holding it. you won't lose anything if you want to be patient and hold for a long time.. This is not something unique to this market, everyone that has become a trader knows that when you are trading you're going to get very nervous about what is happening in the market, it doesn't matter if the result is positive or negative, but as soon as it becomes very clear that the result is negative and it's not going to change traders go through a lot of emotions, that is why the mental aspect of trading is critical to become successful. |
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Risk will never leave the side of bitcoin. It will be a constant companion until unless bitcoin goes under regulation and a central authority starts governing its prices, activity and usage.
Being a volatile asset, bitcoin's price will remain to be very much erratic in movement and it is really something scary for the untrained mind. But for those who knows that volatility increases probability of success, the risk surrounding bitcoin has always been a welcome attribute.
It is interesting that the main reason many people are interested in investing in this market are the great profits that they can get in a short amount of time and yet those profits come from the volatility of the market and the greater the volatility of the market the greater the risk that you are taking, so people want an asset that can give them great profits with no risk and we know that is not possible. |
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Not all economists actually understands how crypto currencies work so it is expected that some might speak ill about it and this debaate is likely to linger but the good thing is that there are some economists thaat appreciate the fact that bitcoin is here to stay
Of course they do not understand it, they are being paid to not understand it, they know very well that if cryptocurrencies becomes widely adopted around the world their jobs are going to be in jeopardy, so they are trying to spread all the false information that they can so the average person gets scared of investing in cryptocurrencies, but when the economy crumbles that is not going to work anymore. |
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I agree that whales manipulate the market. It is profitable for them that people sell coins at low positions. That's how they make money.
I have no doubt that the whales manipulate the market, that is true but there is a limit to the amount of manipulation that they can do, they cannot create bull markets or bear markets only by themselves, at most they can make the price of bitcoin go up or go down a few hundred dollars and then benefit out of it by selling at the top but that is it. |
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I don't think you can make 5X on the falling market. It seems that now the downtrend is slowly changing to uptrend, so you can invest in different promising coins and wait for growth, but don't forget to put stop loss.
It is completely possible to make money when the market is falling but it is a lot more difficult than when the market is going up, when the market is in the current conditions I prefer to concentrate in short term trades, but when the market is going up in value I prefer to concentrate in long term trades, that way you make the most out of both of those markets. |
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First you were skeptical about bitcoin, doubted its sustainability, then you watched bitcoin skyrocketed and it's a bit low in price for while now, presently mass adoption is growing like for real with features like bitrefil.com, that buys data, airtime via bitcoin, exchanges are changing bitcoin for fiat..Why not hop in? Sooner than you think it's becoming a legit store of value.
Tell them to hop in...
You need to understand the mentality of the people, they want to earn a lot of money but they do not want to take risks, I know this doesn't make sense but that is the way people think, this is why I have decided to adopt cryptocurrencies because I can see the potential and I'm willing to accept the fact that I could lose money if I make mistakes in the coins in which I invest, so most people are not going to try to get into cryptocurrencies until it is very late. |
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The market is up and down is very normal. When the market drops you should not sell your coins . Be calm and patient.And maybe the right time to buy your favorite altcoin at a cheap price.
I'm still surprised by people who are confused by the sudden rise and fall. I mean, isn't this something that people should know. Feeling panic is natural, but at least they must know that things like that can happen at any time. They seemed to enter the crypto world without knowing anything. That is precisely the problem, they should know the kind of market in which they were getting into but they did not knew that, they invested in this market thinking that they will make great profits without too much effort, and they did not realize it until it was very late that this market was not the kind of place in which you wanted to invest without knowing everything you could about all the different type of coins and their potential. |
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It's easy to bring down if you hold so much bitcoin that could drag the price down , and cause panic sell from weak hands. That's the problem of btc it can easily be influenced by fud and speculations. whales always win when they want to dump
The whales are very smart they understand very well that if they try to manipulate the market as much as you suggest they are going to be the ones that lose money because they are the ones holding huge amounts of bitcoin, so the manipulation of bitcoin and its price is a lot more subtle than what many people think, I really think that the whales instead of trying to manipulate the supply of bitcoin they could try to manipulate the news to make the price go up or down according to their wishes. |
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Switzerland’s stock exchange – owned and managed by SIX – has announced its intention to begin offering crypto-specific markets in the very near future. The new SIX Digital Exchange, SDX for short, is – will be fully regulated by authorities in its native country, and backed by the Swiss National Bank, in the same way as its main exchange.
While I am not the biggest fan when it comes to stock exchanges it is nice to see that some institutions are deciding to adopt cryptocurrencies, because there are many centralized exchanges but as we know for some users it has been a nightmare to use them, so it's nice to see that some stock exchanges are deciding to adopt cryptocurrencies, I hope that with the competition the exchanges will improve their service. |
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I think what makes this bitcoin price increase is because of the good news circulating on the internet and the total supply and algorithms for mining blocks are increased, making bitcoin very difficult to obtain and the price becomes very expensive.
The limit in amount of coins is probably one of the most important factors when it comes to the value bitcoin, because if there was not such a limit I know that I will not be holding bitcoin because that will mean that an unlimited amount of coins is going to exist, fortunately for us satoshi understood that in order for something to become valuable it needs to be scarce as well. |
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Do you recommend family and friends to join the market when it's crashing?
We pray for the prices to go up and to more people join the market, but will you recommend someone close to you to join when the prices are dropping like crazy?
If you do, explain why.
Who in his right mind is going to recommend to his family and friends to join the market when it's crashing? Also recommending investments to your family and friends is always a bad idea because if things turn out the right way then they're going to become dependent on you about their finances and if your advice fails then they're going to blame you for making them lose money. |
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I have forget myethewallet key private, in which have many many altcoins and 8eth.this is The most painful situation. I sold the bitcoin for 20k$, this is my happiest moment  You are very lucky or very smart to sell bitcoin at the top of the market so congratulations on your perfect timing, now about forgetting your keys, if the amount of money that you lost was small then it is not a big deal but it is a sign to be worried about, you need to have several backups of your keys just in case you lose one of them, that way you will never lose access to your coins. |
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Hosp has explained before why a potential cryptocurrency bubble could burst in 2018, but there are several factors that make him see upside potential in the space. For bitcoin, the most important cryptocurrency by his estimation, he sees a 150 percent potential upside for 2018. Taking into account several factors, the cryptocurrency market's upside potential could rise to up to seven or eight times present levels, he says. 1. The work on scaling issues 2. Large scale and more legitimate ICOs 3. Regulation 4. A lot of execution and usability 5. Institutional investors For more info or details heres the link. https://www.c[Suspicious link removed]m/2018/02/23/bitcoin-ethereum-other-cryptocurrency-five-positive-factors-for-2018.html I think this is reasonable. The third point that you bring about regulation is something that I disagree completely, people want regulation because they want the protection of the government so they avoid losing money, but the market of cryptocurrencies is based on the fact that you are completely responsible for everything that happens to your coins and if you cannot take care of them then it is your fault. |
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Daily trading experience is great thing to help many people to have a huge income.
From this you can surely support all finances you have but this job is very complicated and requires lots of skills and time in order to obtain those profits that you are want. Daily is for the creative persons.
This is why people day trade on the first place, because they see the great benefits that they can get out of that profession but the big problem is that many of the people that begin trading that way do not have the experience to profit from it, they do not have the discipline and they do not have the skills and when you take all of that into account that explains why very few are successful at day trading. |
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Maybe this is a good idea, but I am sure that it will happen sooner or later, and we will have the opportunity to choose what to pay for a product or service, bitcoin or money, it takes time.
I am not so sure that this is a good idea, in my opinion the demand for bitcoin should grow organically if we try to convince more people to adopt cryptocurrencies we are only going to create resistance among them, it is better that each person decides that the best thing for them to do is to adopt cryptocurrencies, I know this is a slow process but it is the best for the market. |
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If you want to get the tips or ideas related to cryptocurrency. You must check that on the correct place first but I see you were doing it wrong. Then people whoever have the thought the social media friend can help with trading. Confirm that you all guys are wrong in your assumption here.
There are people still taking big time on trading experience and making the professional video about the crypto trading and others.
But that is the problem if you do not know anything about what to do to earn money with trading in the market of cryptocurrencies, then how are you going to be able to differentiate a good advice from a bad advice? Do you begin to see how this doesn't make sense? Before you can know if the advice that you are receiving is any good you need to know about trading, and if you know about trading then you do not need advice. |
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