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Adoption will be the answer for the stability and could trigger a bull run, but adoption still got a big obstacle which is government's permit, and the adoption also need a long process, bakkt and etf could trigger the next bull run but it will be only for temporary, for the permanent effect, mass adoption will be the answer
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I agree that we already got too much trash coin, most of the time the ICO created to scam people, and because crypto is decentralised world, everyone is welcome to create coin, its one of the centralised disadvantages, bittorent ICO maybe could be a good project, alot of people mention the positive things about that ICO, but like OP said sometimes the good ICO also could be failed, its because people are looking for profit not the technology and the features of the coin
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Its an interesting strategy and quite a risky move, I saw a lot of coin price fall down near to zero and the price unable to go up, I ever try to buy some shit coin and until now the coin still in my wallet and doesn't have any significant value, but I think this strategy can be worth of something, if we choose the correct coin then we can get a lot of profit but this is going to need a long time to succeed
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It will take time for new exchanges to be recognised and trusted by traders, there are numerous of new exchanges keep on coming out but most of the traders still prefer the old and trusted exchanges, there are a lot of cases where exchanges being hacked, so it is a bit difficult to gain trust for now, for the record there are differences between exchanges, it can be from the coin that can be trade and the percentage transaction fee
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Bitcoin will be adopted when it's ready to be so. For now, pretty much all we can do is to wait. I disagree. We can push for adoption. Sometimes I feel like a bit of a broken record saying this. People seem keen to just do nothing and wait for a shop, service, facility, person, whatever to accept crypto. If they don't know the demand is there, then they have no reason to adopt it. Ask them to accept crypto. State you want to pay in crypto. Get your friends to do the same, and then support the business in doing so. Obviously you can't do this in big supermarkets, but it is completely possible for smaller and independent retailers, tradespeople, etc. After asking repeatedly over a couple of months at one of my favorite sellers at my local Farmers' Market, he now accepts bitcoin and I pay in bitcoin every time I'm there, and I'm no longer the only one. This would never have happened if I hadn't made the first move. Don't just sit and wait for adoption - go out and help! Yeah we need more helping hand, if everyone keep on waiting then we can't achieve anything, the popularity of bitcoin is quite high, but most of people didn't know that bitcoin supposed to be a currency, most of them treated bitcoin as form of investment, we need to give them proper acknowledgement, in my country bitcoin still in grey area, it is illegal to make a purchase using bitcoin, but we still can educate people about bitcoin through seminar and other activity |
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Well it really depends on your skill and experience, intraday trading really need a lot of experience and a lot of time focusing on the market, but if you are good at it then you can get a lot of of profit despite of the market movement, holding is for someone that doesn't has the time to pay attention to the chart or the one that doesn't know how to trade well, for now intraday could be more risky because the market is unpredictable
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Now it's better to buy a certain strong coin, the market is still unstable and unpredictable so its better not to touch alt coin, unless you are sure and want to wait for a long time, bitcoin and eth price are still down but both of them got high chance to go high, so you get a higher chance to make profit by buying btc or eth
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This is a very wise word, many people complain when bitcoin price keep on reducing, but when it reach its peak everyone regret of not buying early, and some of them think crypto as an investment that going to make them rich in an instant, now the bear market had happened for a long time, its time to buy and wait for the reversal
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Its true but that is only theoretical thing, healing addiction is not as easy as it said in the text book, it need a big determination from the people that addicted and support from the family and friends, a small trigger may caused the subconscious mind to wake up and become addicted again, so the first step to heal the addiction is to fill your time with other positive activity, avoid completely the things that you addicted
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Its one of the way for the developers to prevent a sudden huge drop, it's important to keep the value high especially when just launched on the exchanges, usually the developers will distribute the token in several waves, but this seems like a better way, but the developers need to pay attention to the length, if its too long I am sure the bounty hunters will complain
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The bitcoin is still down because of the lack of interest from the investors, the long bearish market had make the investors doubt about the future price of bitcoin, we just need a positive trigger, it can be from bakkt or any good news like the adoption from new countries, or any big companies start to adopt bitcoin, bitcoin need a fresh fund to start the bull run
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Day trading is for more experience traders, and you need to trade based on the news and trend, not based on the fud and fomo news, trading need to be logic not based on feeling, and indicators could be very useful as a tool to help you decide, and always set the limit for your lost and your profit in trading
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I don't see any great potential ICO, recently there are numerous of ICO that appear but it offers a decent feature, I think people nowadays creating ICO to make profit not offering the feature to make people easier to used, there are some people screaming the ICO project in this forum, but I still hasn't found any solid project yet
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Crypto was supposed to be used as currency but still struggle because most of the governments still hasn't sure adopting crypto could benefit for the country, the progress is moving really slow but more and more countries already started to try to adopt crypto although its a small step but its moving forward, the mass adoption that we hope is still far, but we are slowly moving to that direction
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Scalping is very profitable in an unstable market condition, scalping can be uses when there is a sideways, but it is a very risky thing, if we guess the wrong movement then we can lost a lot of money, and the skill to do scalping is not a beginner skill, you need to execute a fast trade and need to make instant decision with a quick time frame
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Bounty hunters do have the right to sell the coin after they being paid, so the developers need to think ways to avoid that happened, from the bounty hunters side, it's better to be paid in eth, btc or usd rather in token, but sometimes the developers don't have the capital and paying in token means there will be a hope for a bigger transaction volume
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You don't need to understand the whole technical things to invest in bitcoin, when I decided to invest in crypto I only got a little knowledge, I just know bitcoin is a good investment for the future because it offers unique features, and now I don't really have the time to understand each of the alt coin developments, I only going to dig deep if I found out the coin got the potential to growth
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Arbitrage is possible but its not as simple as it look, there are bunch of things that need to be consider, the first one is the buy and sell price and volume, and then you need to make sure the speed transaction is fast, and don't forget to check the exchanges reputation and the last things to do is to check the fee
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I think it could , but the effect will be temporary, usually when the bull run people will more focus on the strong and famous coin, the dead coin will only being pump and will be abandon, but the good project maybe can get second wind to fight in the market, when the bull happen the investors will see every thing as an opportunity to make profit so if its a good project then they definitely will invest
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Wow, that's amazing.  I just found out that in Thailand we can use Bitcoin as a payment. Yeah, I think it's really cool. Because in my country, it's not allowed to use Bitcoin as a payment. I think Thailand is a place I must visit, surely this will be very fun and I can feel how to use Bitcoin as a payment. Yeah, I will vacation in Thailand.  Yeah I just know that Thailand accepted bitcoin usually for developing countries the government is a bit narrow mindes about crypto, its amazing that we can used bitcoin freely in the country, hopefully another country will follow soon, so we can having vacation with only a single currency, it will be an awesome experience |
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