Of course, I want to have my own crypto exchange if the price does not cost too high because I think we will have another potential source of income from our own exchange. But how much that cost to setup the crypto exchange and what needs to be prepared? I only think about how much budget I need to prepare if the price is low cost.
|
|
|
We need so many exchanges because we will see the differences in the price in the different exchanges so we can make more money by doing arbitrage trading although it is not always suggested because we cannot predict how long the transaction will be completed. The new exchange will be able to attract potential users when they can give protection to the user, and they can serve better than the other exchange so the user can feel satisfied with their services. That will make the user recommend their friends to try to use that new exchanges and soon, the new exchange will gain more users.
|
|
|
Yes, now bitcoin has increased again and now, the price reaching $8,000. Then, you say that bitcoin price can easily go to 50K$ and more, I will make sure myself to prepare to sell bitcoin at that price, and I am sure that means, all of us will be making huge money this year. My question is when we will see that price because if we are seeing the price now, I think we need more than 1 or 2 months or even more before the price can increase higher to that price. But it will worth to wait for the price because the reward for us when the price can go higher to that price, will be bigger.
|
|
|
I guess we are the best traders ever and no one will be because we could still try to trade no matter how hard our situations because we still want to make more and more profit. The best trader will know when the time to enter the market, he can know how to analyze the coins and the market, and he makes a decision related to the situations. The best trader will not say that he is the best trader because it will make people chase him and want to ask about his methods. He feels better to keep silence and not telling other people about his trading skills so he can trade without any problem.
|
|
|
You can trade as much money as you want and it does not depend on anything because you are the owner of the money. But that will be good for you if you can set how much money you should use in trading, so you still have backup money for preparing if the worst situation is happening. The percentage to take profit will vary since we use different money for trade, but it will be good if you can take more than 10%. And if you can trade with good skills, then I think you can lower your profit percentage for about 3%-5%, but you are trading in more than 5 times so the percentage will bigger than only 10%-50%. You can use the money you can afford, and if you are not ready to see a big lose in trading, then I think $100 is enough to try trading.
|
|
|
I believe Op is the shorting type. I can see he is shaky and indecisive to wait longer well it is understanding when you have been at losing end since price was bear. I would wait longer and I think that is how the market is going. In few hours we are seeing another huge bull movement on the price of bitcoin so yes we need to wait more for more profits. Looks like this is just the beginning at the end we will see the current price as nothing. Although the huge bull is happening in this day, we still are careful because the red candle still on the market and it could happen in anytime. Yes, we are making a nice profit for this day, but it doesn't mean that the situations will be the same tomorrow. But if we check on the market situations now, we have a chance to see the next increasing of the price in the next few hours later. We need to take the profit right away before the price is down without we know when it will increase again.
|
|
|
From that article, I only know Bitfinex which still online until now, but I don't use bitfinex like the other exchanges. But I heard that Mt.Gox makes many people frustrated because they lost big money and they are suffered to recover their money. I agree with that article that saying don't keep your funds on an exchange because that will be too risky and we don't know how they can protect their site from the attacker. I don't get affected from the hack news, and my balance still save so far because I always tried to protect my account by activating the verification for withdrawing the funds.
|
|
|
I think you have a big curiosity in the gambling game so you make a formula that could explain to you and maybe can help you to win from the games. I never think deeply about gambling game even for making formula on why the strategy of my calculation cannot help me to be the winner because I realize that gambling is not just a calculation, but it's more than that.
|
|
|
I don't think that will be a good idea because there will be too many new projects which needs to investigate and that will need a time consuming to make sure that the project is legit. I think that will be our responsibilities to search which project that could be a good and legit project by searching on the team behind the project, read their whitepaper or even meet the team. I think the important thing here that we need is the team needs to prove that they are true people who work in the project, they want to make something better for the people, and they want to contribute in the cryptocurrency. To investigate the project will not easy as we can imagine.
|
|
|
I guess we don't understand what OP wants to say in here. OP, maybe you need to clarify what do you want so we can give the right answer. We can only guess what you want without knowing the truth so it will be better if you can explain more details. Binance hacking news can happen too in the other exchanges, and we should be careful.
|
|
|
Yes, people become greedy to see bitcoin price can jump higher in a short time. They are making money from the situations because they know the best time to cash out their bitcoin. I don't call the holders are greedy because it will depend on their strategy and I believe each trader and holders will not have the same strategy to cash out.
|
|
|
No, I don't think so. IOTA still a new coin and needs time before it could increase and it won't happen in a short time. And even if they can increase in the short time, IOTA still difficult to dethrone bitcoin because bitcoin is very strong and bitcoin still lead the market. If IOTA somehow, dethrones bitcoin, I cannot imagine what will the market happens, and maybe there will be a big reshuffle on every coin position, but I don't think that it will happen.
|
|
|
It depends on what topics you want to search because every thread here give a different topic, so you need to have the right keyword to search, and I won't say which one was the best thread. But if you cannot find what you search, then Google will be your best place to get the answer, and I am sure you will get many websites for the references. We need to search on many websites and don't depend on one website only because that will not give additional knowledge to us and we cannot get what we want.
|
|
|
I won't say one of the dApps will the best platform because I believe every platform has advantages and disadvantages and we cannot compare each platform. Besides that, each platform has running in a different network, so we don't have to say that one platform will be better than others. I think each platform can give benefits to member and they will serve the best for their members.
|
|
|
My utmost desire is to see the market improve generally and to see that the coins in my portfolio are growing and increasing in value. I do not want to repeat the previous mistakes I have made and I believe things can still get better.
Don't worry, there will be a growing time for your portfolio, but you need to be patient like others did. Yes, we still trying to recover the losses we have and we are attempting to make a profit day by day and related to the situation now, I am sure that we have time to make a profit from bitcoin and altcoin. there are still opportunities for us to profit from Cryptocurrency. recover losses in various ways, of course, do not repeat the mistakes we have made, because we also need extensive patience to get them. Other Bitcoin and Altcoin can grow higher, so wait until they give results for you. The opportunity will be wide open since we have many times to wait for that chance. By making a mistake, we could learn how to fix the mistake which will help us to analyze better in the future. And when you can solve every problem you have, that will improve your trading skills, and you can get back to make a profit again.
|
|
|
I think the best signal that will work well is in the market itself because you can find the sign with watching and analyzing the price moves so you can know when you need to buy and sell. But that will need practice, skills, and experience to see the chance to trade. I always check on the time interval to see how good the trend moves and check the price at the order place so I can see how much bigger my chance to trade. And if I cannot found a good reason to trade, then I will skip to trade and only watch the market.
|
|
|
You think it's greed? Market is euphoria is a normal thing and it's because of the long awaited bear season we've been waiting to get over it. Sentiments are changing to something somewhat positive and so you shouldn't expect people to get out so quick like that. This is crypto man, anything can happen between now and tomorrow to provide a lot of profits.
Sometimes that was greed because we want to make a big profit from a long time of the bear season that we have a face. Right now, I see many of us already take the profit from the market because in a few hours ago, that is the best time to cash out the profit so now, we have a good time to buy more bitcoin because of the price still at the lower price.
|
|
|
My utmost desire is to see the market improve generally and to see that the coins in my portfolio are growing and increasing in value. I do not want to repeat the previous mistakes I have made and I believe things can still get better.
Don't worry, there will be a growing time for your portfolio, but you need to be patient like others did. Yes, we still trying to recover the losses we have and we are attempting to make a profit day by day and related to the situation now, I am sure that we have time to make a profit from bitcoin and altcoin.
|
|
|
A lot of traders do not know how to trade. Because they want to make a profit immediately and do not assess all the risks.
The point is they don't want to learn about trading because they feel that it will be too difficult to do that thing. But if they want to realize, there are no ways to make a profit unless by learning to trade. No pain, no gain. That will be a reason for them if they want to make a profit in trading.
|
|
|
This is bad behavior and you need to stay away from people who blame you for their failures. He should think his own head and figure out all the options in life.
Yes, it is better to not connected to them so we can make sure that they will not blame us if somehow they are making a mistake. I already see many people blame the other, but they don't check with themselves to find out how they can make a mistake. It is easy to blame other people, but it will be difficult to blame ourselves and we don't want to get the blame because of our mistake
|
|
|
|