While the whole market of cryptocurrency has had a solid 2019, one coin specifically has triggered up to 300 percent gains since the beginning of the year. Binance Coin (BNB), the official currency of to the world's top ranked crypto exchange by volume, has outpaced both Bitcoin and the market with its huge increases in the course of the most recent month. Given how Binance Coin has, to some degree, taken over the market surge, Is BNB the new Bitcoin?
What do you talking about? Many people have compared several altcoins with bitcoin. Although the market is now dominated by bitcoin, this is not a matter of competition, we want cryptocurrency to be a financial and economic problem solver. If the altcoin volume is bigger but the bitcoin community is bigger, stop to think of something like replacing bitcoin or something like that, every cryptocurrency has its own uniqueness that makes it survive. |
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At present there are numerous trading platform with good volume like Binance, Bitfinex, Kraken, KUcoin, Bittrex, etc and these are well know trading platform as well but can I get your help to identify a new trading platform with it's own token which might become a valuable token in the future just like BNB ? I want to experiment by investing into a exchange token when it's value is less as it might give a good amount profit. I am sure those who invested into BNB at it's early stage got my point.
There are many exchanger projects with their own tokens, but I suggest not to take risky actions. From my observation, most of these projects are very difficult to get a lot of investment. There are already many rivals and most of the big exchangers now have their own coins. https://cryptoslate.com/cryptos/exchange/ |
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which one is more profitable? In my opinion to maximize profits from market fluctuations, short trading is more profitable because we continue to trade in the short term with fluctuating speed. Although the profit depends on your trading skills, because there are many strategies, tools and bots that you can use to trade. Besides that you need many sources of information besides this forum.
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Everything passes and this will pass! (King Solomon)
The crypto is already in the present and undoubtedly the future quantum science!
You speak for no reason and hard evidence, your words will not attract many people, unless you are an analytical figure or pro in crypto. If you want all users especially bitcoin holders to be calm and holding, you must release evidence of information and technical analysis that opens the eyes of the holder. Although the current market conditions are good for several reasons, this is not because of your prediction but because of the signal psitive and the adoption of blockchain technology. |
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You have just been scammed by such a project? In 2014 I was also scammed in projects and ponzi system. It is a meaningful experience for me, so that in other times when I invest I am more careful. There are still many users who are scammed by promising huge profits, new users and lazy to find information is a factor why scam systems like this still exist.
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Usually to control emotions to be more rational is to trade when the mood is good. In practice controlling emotions is very difficult, it is different if we know it in theory. Experience is a good key to controlling emotions while trading.
Actually there are many problems in trading but emotions are the final determinant of how you will act in the market. Emotions sometimes also lead us to great losses, or can be to great benefits.
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Top 3 things to look after?
Are tools recommended?
Thank you!
Tool not recommended, newbies sometimes can't operate it and can't adjust it to market conditions, but for traders who are used to it. I would recommend boot trading. For traders who have experienced tools are highly recommended. Daily traders must have extensive knowledge and lots of cryptocurrency information, because day traders prefer crypto that has a positive signal. emotion is wrong decision making. |
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As you said, where market logic is when the stock market is in crash, investors will switch to other investments. Where the investment can at least secure the value of their money. From what I know the type of stock investor is more interested in security than risk, so the gold market is more preferred.
The effects of the stock market there must be, whether it's good or bad. This depends on how the investor behaves.
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Banks must have other innovations regarding alternative crypto payments. From what I read about the blockchain's popularity, we need more benefits from depositing it in the bank. We can save our own bitcoin even though there are still many weaknesses compared to saving in a bank. What I think is any payment with an alternative payment like USDT as a stable coin.
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In its concept, Fiat can be said to be a bubble where the concept is higher than the fundamental value. It's just that the fiat value depends on the country's economic sector and is an investment of assets. Whereas cryptocurrency like bitcoin is of high value and very different from the fundemental value and the determinant of value is demand, bitcoin is a bubble.
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A few years ago I was hearing news that there were indeed rules for mining in China, I forgot the details but the government gave notice to them. If bitcoin mining is banned in China, then where will bitcoin mining benefit? Here the biggest bitcoin mining is in china, and after I looked for information indeed in the calculation of costs in China is very supportive for mining.
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China’s state-controlled television station, CCTV.com, recently hosted a segment breaking down Bitcoin, according to a prominent trader that closely follows the region’s cryptocurrency scene. China's state controlled television explaining the basics of "first ever blockchain technology" #bitcoin $btc, and how a distributed ledger works Imagine 1.3 billion people got to know bitcoin because state made an effort to explain how it works. This refers to the adoption of the blockchain and the launch of the digital currency. I think that is the most appropriate way to increase mass adoption and community, so that people will understand the benefits of digital currency. But isn't bitcoin prohibited? I think they provide an understanding of blockchain technology. |
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Not all ICO / IEO projects make a loss for investors. Some time ago I invested in one of the IEO binance, the benefits are decent. The problem here is how investors put their money in the right project.
You can take a break, because I know investment fails to depress, because I've also felt it. You can't tell people not to work hard, hard work is a form of enthusiasm. I think you also need to look at other investment sites, which might be able to benefit you.
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Initially I was involved in the crypto industry because of the digital currency. I'm interested in the system, as you said that the market needs mass then how the system is based on user confidence. Because according to the anonymous system/freedom of transactions can be very used by fraudsters. I have also been in the blockchain industry for almost 7 years, which I regret here is the change in the concept of crypto "currencies".
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I still do both, dividing time for both is easy because the two are interconnected so exploring promotion information and trading can be done simultaneously. Now I do not recommend you to do marketing / promotion, as you know most projects fail, this will only waste a lot of your time.
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This is commonly done by a pro trading analysis, they hide losses because they also want to get praise and trust towards their followers. You will often see this in the VIP signal group too. A pro traders wants their followers trust and loyalty, not to want their followers to doubt him.
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I like the design of your website, for me in UI is very good, it's just that the font you use is not good enough in my opinion, rather impressed abstract. Maybe promotion will help build a community on your website so that you can compete with the same market. I haven't explored the features and tried it yet, so for UX I can't give my opinion.
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Bitcoin and cryptocurrency in general will only advance if people actually use it for more than speculation.
In the past we've seen lots of retailers enabling bitcoin and other cryptocurrencies in their checkouts, and then been disappointed that hardly anyone has used the function. And we have had some orgs like Steam disabling bitcoin and giving up on it.
So how many people on here have actually used cryptocurrency in real life?
I'll start: I haven't used bitcoin (because I consider that savings), but I have used dogecoin to buy gift cards and bitcoincash (BCH) to deposit to a betting website via BitPay.
Anyone else want to share their experiences?
In the past when the value of bitcoin was still under $ 500 I often used bitcoin to pay for electricity and water bills, I also bought things with bitcoin and bought gift cards too. Since the value of bitcoin in late 2017, the fee is getting higher and I don't think this is suitable for me to use as an alternative payment at that time. The more here bitcoin turns into assets, many discuss bitcoin assets but not discussion where bitcoin can be used as an alternative payment. |
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Is what is written by the journalist legit? Even 5-6 years have conducted studies in the development of the crypto project. WTH did not even have news about "PBOC has been studying" 6 years ago. Aside the reasons why this could happen, it is likely that in the near future the US will give a speech, because the country's rivals are making new breakthroughs in blockchain technology.
Whereas last week Alipay released the news, that they would block everything related to digital currency, in this case bitcoin and altcoin. I think China wants to benefit from the crypto market in their country, especially focusing on the Chinese community.
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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?
In underdeveloped countries they need help from developed countries, this is to improve their selling points if they work with developed countries. As you said they must increase the value of selling natural resources and human resources, both are important for the progress of the country. There should still be many things that destroy the value of a country's, currency such as technology. but to move forward if they really need a better economy, they must increase collaboration with famous figures or countries. |
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