Things to look at to avoid scams. Check out for,
Whitepapers
Project details
Team members profiles
Investment amount
It's existence in market
It's partnership with other best firms
It's products
It's reputation in place.
These would define you of scam and legit icos.
And even if you do all of that the only thing that you are going to accomplish is to avoid investing in an ico that is a scam, but there are also many coins in the market that eventually fail and that are not scams, do not forget that there are projects that just fail, some projects fail simply because the developers did not had the capabilities of making their vision a reality. |
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Maybe 90% of people who trade lose their funds but we cannot call them traders. Successful traders has winning edge against panic sellers and weak hands, emotional traders, no plan traders, non taking profit traders, "it will come back" -mentality traders, not taking loss traders.
They are traders even if they are losing their money, they are traders because they fit the definition, they are exchanging their money for an asset with the hopes that the asset they are buying goes up in value in the future, however while there are many traders there are very few professional traders, traders that can make a living out of their trading activity. |
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i think most people, including me, are looking forward to adoption of lightning network. it is already in use and there are some small businesses are using it on main net but because it is not yet completely ready (from what i understand) no big businesses have yet adopted it. so i am looking forward to that kind of adoption.
This is what I'm waiting as well, the lightning network is going to change the way bitcoin is perceived, many people think that bitcoin is a slow currency but the lightning network is going to change all of that, your payments are going to be almost instantaneous and with that the confidence of people in bitcoin as a currency will come back and with it new investors will come to the market as well. |
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If bitcoin had risen in its price to a hundred thousand dollars, I would not have bought it, but I would wait until its price again fell to the present values. It can not have a high price. If this happens, then it can only be for a short period of time with the consequences that we observe this year. If bitcoin falls from a very high cost, then the consequences should be more significant and long.
We are lucky that we knew about bitcoin before it reached those values because by then it is obvious that I'll not be able to buy a single one, but many of us were fortunate enough to get some when it was still relatively cheap, and even right now the current price is very cheap the only thing that you need to do is to have the guts to buy it and then to hold it and your profits will be out of this world. |
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People who don't believe in crypto are leaving, especially those who came into crypto while the market was on top. They hoped to make big fast money but it won't happen.
All of those people should have known better, investing in a market without really understanding it is a receipt for failure, and as you may guess many of those that did invest in the market when it was going up very rapidly have lost their money, their desire to invest and probably all the profits that they could have gotten in this market if they invested at the right time. |
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everyone can predict it, but they don't know the reality that will happen in the future. In 2010, many people who did not believe in bitcoin, but now, how many times has the increase in bitcoin increased? no one can be sure right? they only predict. If you are still afraid of better don't invest in this risky market, because if you want to make a big profit, you must be prepared to lose big too
In early times not many people knew about Bitcoin, but nowadays almost everybody knows about crypto currencies. Moreover, the price of Bitcoin is being shown on some TV channels in real-time. But some countries already banned crypto exchange markets, other governments imposed severe regulations, so the situation in this new economic field was significantly changed. It is not correct to ignore these factors. Nobody knows whether Bitcoin's price will grow or not. It depends on the decision of large investors who understand the "stalked" risks. Now BTC costs $6500, and as I can see, at the moment this is the most stable crypto currency. The price is going to definitely grow in the future, the technology of bitcoin is simply too good to remain at the current price, what we saw in December and the price of 20000 is just an example of what we're going to see in the future, this is why the media is trying to scare people away because they understand the potential of bitcoin and they either want to delay that potential or to buy the coins for themselves. |
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Oh just 50 eth, no problem. Let me look into my crystal ball and see what it says,
I will confess that I chuckled with your comment, it seems that some people think that we can predict with 100% accuracy when something is going to happen and that is not true if it was that easy then everyone will be incredibly rich by just trading cryptocurrencies, but we know that is not the case and that is why if you want to make money in this market you need to take a long term approach. |
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They are saying the same over and over again but we should not expect any different, they are being paid to give those opinions, they are completely dependent on the current system surviving this obviously they are not going to like something like bitcoin that is going to let them without any kind of job so it makes sense that they oppose bitcoin and cryptocurrencies in general. |
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When the cryptocurrency market is not good, I will try to forget it and do something else.I will hold those potential coins.But I also have some stop loss strategies.Don't let yourself lose too much.
While it is painful to watch the market when everything is going down, it is something that you need to do because even if people concentrate a lot on the profits that they get out of their trades the truth is that the money that you do not lose in your trades is way more important, this is something that I have notice after some months of trading, your profits are not as important as your losses. |
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the cyptocurrency atm machine that is in Belgium now can be an inspiration for other countries that legalize cryptocurrency to be useful to make it easier for coin owners to make transactions as an easy way to use cryptocurrency.
You need to understand the next, most governments are not going to accept cryptocurrencies by their own will, they will have to be forced for them to do that, and the way to do it is that cryptocurrencies become so popular that even if governments wanted to ban them they will not be able to do it because almost everyone will be using them by then. |
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The market does not move in one direction, there is always consolidations and corrections. There are many factors that determines the direction the market will go and understanding those factors can translate to money. Crypto have not performed well from the beginning of this year but I believe it is beginning to recover.
When you look at the price it is clear that cryptocurrencies in general have not performed really well in this year, but I ask myself, does it really matter? I say this because a lot of people concentrate on what the price is doing, but the current state in which the market is in is only temporary and it is not going to last forever, at most it is going to last a few years and then we'll see another bull market. |
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I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again  Everything affects the price of bitcoin so to try to guess which factors are going to be more important or more influential during a specific amount of time is just a waste of time, why do you want to know what affects the price of bitcoin, that is not going to tell you at what price is going to trade today or at what price is going to trade tomorrow? |
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You are simply talking about price manipulation by the whales which is something that by now, should not be anything new to anyone.
It has been said times without number that as long as this market is more prone to speculation than real demand based on real life usage, manipulation will always be a regular thing. You said it yourself, this is a decentralized, non regulated market, so what else would you expect?
The same set of people who drive it down which we call the bears and every other investor and trader follow put, are the same set of people who are buying and bringing about bullish sentiments with a rinse and repeat process.
While the manipulation of the whales is real, the manipulation is not as great as many people imagine, bitcoin is a very big market already, very few people around the world have the money needed to manipulate the price as much as people think that whales do, so it is better to try to find ways to become a better investor or trader than to try to put the blame on the whales. |
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everyone has the right to make predictions but this prediction must make sense, because predictions are made to be trusted by many people. what is your reason for saying the price of bitcoin will fall to $ 3k? Your predictions are very ridiculous.
The predictions only have to make sense if you want to win, but there are many people spreading predictions that are not really investing in the market, so they can predict whatever they want and it doesn't affect them because they have no skin in the game, which is one of the main reasons of why I do not trust the predictions of economists because many of them have not invested in bitcoin so they do not really care if bitcoin succeeds or not. |
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Hey everybody I want to share my trading experience with these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-3% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. I will suggest you first start with small trades until you become more knowledgeable and calm. I do not really think it is a good idea to become a day trader when you seem to be so new in this market, I know that it's very exciting to think about making money by just watching the charts all day, but without a doubt day trading is the most difficult way to earn money in the market and it's something that only those that have a lot of experience and have made a lot of profits should try. Agree with many here. It is very difficult for beginners to trade and there is a big risk to lose everything. and even more so now in such a red market. As for me, so now you need to buy fundamental coins and hold. As for signals, I personally do not trust Even in a bull market trading can be very challenging, I have seen people claiming to be day traders and still they did not make any money in the past year despite the favourable conditions in the market, so making money when the market is not moving or is moving down is not going to be easy at all, so the best thing to do right now is to just wait and study as much as possible until the market begins to recover. |
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Hi All Members, Most critical moments in Cryptocurrency history of yourself; 01. Most Painful  02. Happiest  What we do in that moments! Appreciate your reply to newcomers for cryptocurrency industry As you may guess the most difficult moment that I have suffered in cryptocurrencies was the crash at the beginning of this year, like many people I lost a lot of money but still I'm holding my coins because I know that the price is going to recover eventually, and there is not a moment that is the happiest because while I have gotten small profits over time it has been a very slow process without a single day standing out as better than the others. |
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I joined this platform not long ago and t has helped me earn some good amount of BTC and one thing I can say is that, counting the good it has done me its far way better than the bads and even I dont know the bads it has done to me.
All of those claiming that bitcoin has damaged them in some way or form are just trying to find an excuse, bitcoin cannot damage you, you are the one that takes decisions, and those decisions are the ones that harm you, and the one responsible for those decisions is no one else but yourself, in your case nothing bad has happened to you because you have taken the right decisions at the moment but if that changes you will lose some money just like many people here. |
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How much, in your opinion, has international relations influenced the world economy and what do you think about it?
It is obvious that without international relationships and diplomacy it would have been impossible for the world economy to become what it is today, you just need to look at the fact that before any kind of the trade is made you need an agreement between two or several countries and after an agreement is made about what they're going to trade with each other you see the growth of the trades among those countries. |
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Many people express different types of bitcoin. Someone says Bitcoin is not a currency. Again someone says that Bitcoin is only a bubble, it will never be universally recognized. Some countries have banned Bitcoins so that illegal activities will not be increased in the country. Because some of time bitcoin use for terror works.Some people say that investment in bitcoin is not profitable. There are some other such complaints about Bitcoin. But the funny thing is that even though there are so many complaints, Bitcoin has become popular all day around the world. I think we need to change our mind about bitcoin's.  Really, people's complaints about Bitcoin are correct? There are some complaints against bitcoin that are completely valid, for example when the network is very busy getting a confirmation can be very expensive and it can take a very long time, so the people that complain about such a thing have a point, but many of the complaints are made by people that do not really understand bitcoin and they are mistaken about their opinions or even worse they are lying to try to confuse the issue and make people to not adopt bitcoin. |
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Avoiding an ICO scam is very difficult if you can't be careful, we just do a job without any results at all ... to reduce the risk of the ico project that is scam, I usually follow in the footsteps of the bounty manager who previously succeeded in the project they were working on.
Avoiding ico scams 100% of the time is relatively easy you just need to stop investing in icos and you will never be scammed by them again, what it's difficult is to avoid almost all the scams because that means that you are actively investing in them and with 80% of the projects over the past year being scams then it is likely that the icos of this year have a similar proportion of real projects and scam icos, so I will say that is an almost impossible mission to avoid all the scams in this market. |
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