Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
because now all capitalization seems to be focusing on bitcoin or margin or future contracts bitcoin. The daily volume of these exchanges is getting bigger and seems to account for over 15% of daily trading volume for the crypto market. This is a bad sign that people only want to make money when the market downtrend and no longer want to invest in alts. But do not worry, when the downtrend ends, the market will start a new uptrend and the alts will be pumped the strongest. |
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I think it is a bit more legit if an IEO is launch on bigger exchanges. Because they know that it can be very hard to enter big exchanges and convince them that your project is very useful and insight of having a very solid future to get funds using them. What's you opinion on this? Do you think there are other reasons if they choose other small exchange platforms?
I completely agree with your comments. because the key point in this crypto market is the community. a large community with a lot of money investors will make a trash project become a potential project easily. I invested in a lot of great idea projects and the product achieved MVP but it didn't work. You can look at Credits (CS) at coinmarketcap. From that experience, it is evident that the projects listed on large exchanges must be potential projects and have a good community before. Because the implementation of IEO for large exchanges like Huobi Global or Binance is a big issue related to the reputation of exchanges. Therefore, the projects listed there are potential projects and will automatically create a large community. |
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What do you think the crypto world needs at the moment? (I'm talking about projects)
In my opinion there is no real platform/website that offers everything you need. For example, news, some kind of trading tools or indicators, educational program maybe hot articles etc...
I think the problem lies in the responsibility and active spirit. I participated in a lot of bounty programs and invested in some supposedly hot IEO such as Bitsdaq (big partner of Bittrex), Cubiex (listed on Binance DEX), Beaxy, ... but all have now become ash when its price is more than 100 times that of IEO. This made me angry even though I was able to regain my capital for selling at a high price. What leads to their failure is the roadmap and the way they run their businesses badly. Bitsdaq has a financial problem, Beaxy has an idea problem, Cubiex is a business whose idea is not too interesting for the crypto market. So the problem here is that a good project needs a good team, a good reputation, a reasonable roadmap and most importantly creates a great community. it is these things that make a project successful after many storms. such as Matic, a great project that meets all the elements. |
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Eth will rise as part of the new alt season, eth 2.0 has failed and delay another 9 month. Also dominance chart not a trading chart I'm not sure but some people call that critical support . what do you think?
I think so. Now both BTC and ETH are in important support. because at the end of 2018, this $ 6k7 level was broken so strong and now it is becoming a strong support level again. I believe that in the future, bitcoin will continue to grow and alts will be similar. But now is not a good time for alts as well as Ethereum. The story of Bitcoin is still long and we should follow the crowd. they will continue to push the price of bitcoin up from now on, which is called correction. |
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I would like to telling you about big company how to scam normal user fund and digital asset. Last year I was open gatehub account storage my xrp. Maybe more than 6 months didn't sign in，yesterday I tried to sign in my gatehub account，gatehub web page always show network error，I can't access to my gatehub account, even i got 2FA code. I tap forgot password fill in my email address but didn't received any recover email. I did checked junk mail box，nothing there.
My gatehub account balance more than 50xrp for their minimum holding xrp address！
I believe im not alone，there are many users same like me，lost our digital assets and funds by using gatehub wallet.
Wow, I can't believe a big business could do that. Next time, you should not deposit money at such financial funds. because in the crypto market there are lots of fraudulent businesses with huge crowds and you will have a hard time recognizing them. Besides, before using any service on the crypto market, you should create an article to consult the people who have used it. You will have the most honest review and will make fewer mistakes. But better yet, you should buy a cold wallet and deposit your coins there. It has multiple layers of encryption and is difficult for hackers to gain access because it is offline. Ledger Nano S or Trezor, these products are great. |
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For every bounty hunters who are tired of new bounty projects that ends up been a total garbage after they are listed on exchange pls do find yourself some time and do research on past bounty projects because the Exchange they used for IEO matters alot, that exchange is where they will list after bounty ends, i haven't seen a bounty project that get listed on Kucoin and Gate that is not profitable, in terms of good volume or even 2x+ I have learnt a lesson here again, have you? top exchange matters especially in this bear market, look at all the bounties listed on p2pb2b, exmarket etc  This is the problem that we still encounter each project. Now that projects know we are smarter and they trick us in another way, they say they will IEO on the top 10 best exchanges on CMC. but ultimately it's IEO on IDAX, it's a blatant fraud exchange. We have no words to describe it, every job is now too difficult to make money. They just want to exploit our labor. It seems that the bounty market has ended, there are no good projects anymore. |
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Most often, we fail because of our emotions. When emotions get the better of us, our reason is going to be blinded. When sound reason is blinded by emotions, expect things to end up exactly the way we do not want. And so here are the top three emotions we should learn to check always. GREED- It is always best to sell at the highest price and buy at the lowest. But that is very hard to achieve. So stick to your TA or target selling price and be contented with your profit. Greedy people would always adjust their sell order price when they see the green candles continuously rising. Their ask price gets higher and higher until it is not filled anymore. The price then begins to go down low. The greedy person waits for it to rise back to take back the lost potential profit. And you know how this will end. The lost potential profit balloons until no profit is to be taken. In trying to gain every cent or sat, nothing is gained at all. This is also true to setting buy order. FEAR- Never sell or buy out of fear. A lot of fearful people buy during the bull run, fearing of missing out or FOMO. What usually happens is that the price will correct or retrace after a bull run. Here comes the fearful, just got FOMOed, fearing again of losing big or even thinking his coin is going to die. The ending is obvious. While he tries to be positive and wait for a little while, he is already shaking. He ends up deciding to sell at a much lower price, losing big. And by the time the correction is through and another long green is about to take place, he gets FOMOed again. This is going to become a cycle until enlightenment comes.  CONFIDENCE- Too much confidence will definitely kill you. We have to remember that despite our brilliance in analyzing charts, the prices of cryptocurrencies remain highly unpredictable. Sometimes, or perhaps oftentimes, even expert traders differ greatly in their Technical Analyses (TA). Moreover, even if we have a good source of still-to-be-released news, we cannot fully expect that the prices will always follow. FUDs may not cause a red. Good news may not result in green either.
Admittedly, I am also struggling. But I guess we really need to control them. What do you think? Besides, the important factors that are needed in trading or investing are crowd analysis and capital management. Without these two factors, no matter how wide your knowledge is, you will still fail. I have met veteran traders or speculators and they told me that they started their career with a series of risk management ignorance. Although they still trade hard, their accounts are always down. The important thing is that they get caught up in the psychology of losing money and they trade like gambling. Therefore, to succeed in the tough financial market like crypto, managing greed and psychology is not enough. We need more capital management skills and steel discipline. |
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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?
Doing so is like making their country worse and worse. The subsistence economy has been undervalued for a long time and it's the worst strategy I've ever known. because an economy without trade with foreign countries will be outdated, the demand will also be significantly reduced. For example, you are holding gold and everyone has a lot of gold for a long time and no one wants to buy gold, so does gold mean anything for you? so we should have a good trade with foreign countries. That is the way to help a country develop the best. |
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Things that damage the economy indirectly.
For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.
Of course we can't just deny these people care, just promote a healthier lifestyle.
What are other things that we can change that will affect the economy in a positive way?
I think that is the problem of waste and air pollution. It is really dangerous and is a very difficult problem. You know, the Amazon forest burned a lot in the last months and scientists investigated that every year the amount of forest burned was 80% more than the old one. If we follow the compound interest formula, all of our Amazon forests will disappear after 15 years. then, we do not have to try to succeed anymore because we have no earth. the air will be polluted and people will die. we should be aware of environmental protection and thus the economy will sustain well for millions more years. |
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I think they do the right thing. they have a voice and their country hates money laundering or tax evasion. As for the crypto market, most businesses formed here are just to avoid tax or money laundering wisely. That's why you see more than 4,000 coins were generated and only a few dozen alts worked well. This is the largest manipulation and money laundering market in the world that any government hates and prohibits businesses from joining. If we run a large country, we would not want our people to evade taxes or launder money in this way. things will get chaotic and the economy will not be stable. |
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This really surprised me and this idea is really great. It combines many theories from ancient to present to create a decentralized trading system and the best security. I now understand why bitcoin is so valuable in the past. It is the quintessential combination of many years and many old projects. Cryptocurrency and Blockchain are really a great value chain, so I believe that the future of the crypto market will grow further and stronger. perhaps now many governments still don't see the strength of our market. Time will prove everything.
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So Everybody like to talk about winning and profits.... But traders honestly how much You are losing? Daily weekly Monthly?
Im sure the Beginners lose coz of FOMO.
I was involved in trading 1 year ago and the first time was really hard for me. The indicators are easy to memorize, but when applied I get psychologically confused and often make the wrong decisions. Of course, I lost over $ 2k on my first trades but I didn't give up. I found out my mistakes and tried again to achieve my achievements now. In addition to losing a lot of money, you also face stress and monthly bills. This is a really stressful job. |
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The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
We should diversify our portfolio. I don't really care that I should keep bitcoin or altcoins, because what I and other speculators care about is profit after a month. Which coins can bring good returns, I will definitely buy it and wait for the pump to sell and sell. But I usually choose alts to do this more because it has a smaller marketcap and the pump is usually stronger. The altcoins that I say here are the top 100 alts, not the shitcoins. |
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I notice that some experts doing online trading journals just show you all their wins, and they hide their loses and anything stupid they did to lose money. What traders out there sharing their daily trades are The Real McCoy? I am sure that ever super traders make super stupid mistakes, then they just do not want people to think they did anything stupid. Where are their big loses at? Why do they only show their wins?  The Real McCoy You don't need to ask, every speculator or professional investor has made a lot of mistakes and from then on, they get better and better with less experience and less to lose. True traders have told me that they lost a lot in the early stages but they did not give up, they always found a way to overcome and make a big profit. and when they feel they have enough experience to lead and run a large investment fund, they will begin to present evidence of their success to attract more investors. |
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wow, his pictures are really convincing. because on the Daily chart, I saw a high probability that bitcoin would go to the lowest of $ 6k2 - $ 6k5 and then it would bounce strongly to prepare for the halving event. As the old charts show, when the halving event happened, it wasn't long before the value of bitcoin would soar. The reason is that miners disagree with their profits at the time and they hold, creating a supply shortage and thus the price of bitcoin will increase sharply. So I expect the price of Bitcoin in 2020 to be as high as $ 12k or $ 14k. |
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There is a token on the waves platform called QEXB that the company promises to make a profit for the bearers. I'm thinking of buying this token, but first I want to know if anyone here has already bought this token?
At the current stage of the bear market, I will not be interested in projects that are raising capital because nearly 95% are garbage projects. But I want to reinforce your knowledge about investing. First ask you why you should believe their words? What is the potential of that project and is it relevant to the current market situation? What is the trust level of the team? and especially their roadmap is reasonable? Check what you are missing in analyzing a project and complete it and you will have the best answer. good luck |
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In the last 24 hours market has witnessed the superiority of the Bitcoin trading volume over the entire market capitalization of Ethereum. the volume of Bitcoin achieves $ 20 billion while ETH fell to $ 18 billion. Interestingly it was amid decreasing the value of BTC ‘s $ 8000 to $ 7500 marking a fall of 5%. However, no reason so far justified this, The wind has turned to the reverse, due to the sudden drop encryption and this has put a great amount of pressure on Bitcoin as well. On the other hand, other cryptocurrencies gather even more severe fate. ETH recently seemed to rise above BTC but the rapid reduction in supply, despite the addition of points to him, pulled him down on more than bitcoins. The freefall trap has not only reached the world of encryption but all other assets like gold. The reason is not yet resolved. Source: TheCoinRepublic This is a very bad signal and it has broken the critical support zone of $ 7k5 and now it is trading at $ 7k1. I just hope the price can hold this strong support for a long time because if it continues to break out, the probability of bitcoin falling to $ 5k6 is very high. But don't worry too much, I think this is just a price manipulation by the whales and they force us to sell coins. This is a psychological strategy and we need to be strong and hold as planned, I don't believe the price will plummet again. |
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Unfortunately, history has not been repeated and the price of bitcoin is gradually falling further. We can see the bear is getting stronger and breaking down important support levels. This shows that Bitcoin will soon go back to $ 6k soon and from there will have strong growth momentum. Besides, the end of the year is usually a sensitive time when speculators want to sell their coins to get money and organize parties and shopping. Therefore, the downtrend is being formed very clearly both on the chart and in reality. |
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1% per day is a great interest rate that anyone wants to own, plus compound interest, the depositors will quickly get rich. But you think, how can that business pay people when we are not sure what UCIF's operation is to make a profit?
Large companies in the world 1 year only profit about 30% - 50% and the value of stocks also increased at the same rate. such as Microsoft, Facebook, Google, Apple, ... and I also do not encourage people to send money to financial institutions like UCIF, it is definitely a clear scam.
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Most of the bounty hunters do not get payment despite their hard working and some gets a little with shit token. Can we prevent it? Just an idea.
What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?
We bounty hunters all want this to happen and it is fair to us. We don't want to have to work hard and promote scams, and we don't get anything back. So let's check the projects carefully and those projects will have scam warnings by some people flagging them. I hope that bounty hunters like us all raise awareness and be more active in understanding the project. Read the whitepaper, learn about the team and some partners, roadmaps and ideas, ... that's what we need to dig into before bounty campaign. |
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