Common wisdom for new investors is always of the 'don't put all your eggs in one basket' type. Don't invest all your investment capital in one company. Diversify so that at least if one investment fails, the other will carry you through. Is there a similar type of advice for crypto currency investors? Is it better to concentrate on investment in just one crypto currency? Or should we diversify? I would love to know what others have to say about this.
Diversify would be always the best choice and as long you do have the money to invest on then i suggest its better to scattered your investment rather than focusing or getting all in on a single coin or investment and as being said you wont really get the chance to recover losses if you have failed on your main investment unlike if you do have other you still have the options for recovery. Some people do have the capability since they do have the money but most of the time people doesnt have much money to spent on. |
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I don't believe that trading is unhealthy because trading is not the cause of your headache.you’re just the one time is not managing your time duly by doing.
This is absolutely right, trading is not the cause for the unhealthy lifestyle that a person has. It is a matter of how you manage your time doing trading. Trading is good and can do really help your financial status just manage your time well. I still believe it depend on a person Depends on time management of a certain individual and if someone dont able to handle it well then expect this would really be the situation you would faced off where you are compromising your own health due to not able to handle your time or balance it with your previous lifestyle.All things that are too much is definitely bad on our health and trading do really requires time for you to make money but you should really need to set it up. |
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It'll be find if he just uses it as a gift for his fans but it'll be very terrible if he's going to run an ICO for his own coin. LOL. I don't know how experienced he is in this world but seem like he's not a person whom can make a successful ICO  ). If he's really going to run an ICO for his own coin, poor his fans. LOL. Only his die hard fans will definitely purchase this shitcoin for sure.We dont even know on what is the true usage of this coins. Derulo do only goes with the flow or on the hype but this would still definitely fail because people here on crypto doesnt really easily believe into coins to be invested or supported even the marketer would be a famous artist or singer etc. Only fools will buy this one and watch them lose money when the team decide to dump it. |
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What do you think when the current bitcoin price fluctuates very low, it is more stable than some stocks of major companies in the world. Do you think that this stability is because people are not interested in Bitcoin or any other reason?
When you had just sit down into this Cryptocurrency market then this thing would really be new or strange thing to you but it isnt really new at all. Bitcoin can be either volatile or somehow on consolidation state. Reason? No one really knows on why the market is behaving on this way but one things for sure that this isnt really like the same with those traditional markets like stocks or forex. |
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We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?
Don't make it as your problem. Remember, even your towm have different store where you can see the products. That is just like that but the difference is that, this exchange allows digital coin. Well, we cannot blame ever exchange because they have different platforms and usage. I like to have 100 above exchanges but I think it is good if there is a legit site to see active and legal exchange. Having lots of legt exchange may change the game, it will benefits the end users as fees and other promotions will be for the benefits of the traders, as we knew that this business is really gaining attentions as cryptocurrency already gaining worldwide adoptions, you don't need to worry as long as you now how to select legit exchange that will secure your assets. The more options the better but as a normal thing to be done we should always stick into the legit ones rather than using up new and shady ones.Not all new exchange will really be legit so we need to be extra careful on selecting.Most exchangers will definitely become centralized sooner or later as the regulation would really require on such industry. |
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Stealing is a very bad habit. But there are allot of people who will do anything to generate good income. And they don't care if its bad. Like those people who steal the cryptos of other people. So this man will face the consequence of his actions.
But these kind of options are only being made by those people who are just too greedy and they do make an option even if they do know its completely illegal. Now, if they have being caught then they do easily regret on what they have done.If we dont like to make ourselves to mind these kind of options then before mining we should study first about on our profitability and all the expenses would have made. |
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Title is sorta self explanatory, but I'm curious if anyone has experience listing their own ICO tokens to a DEX (decentralized exchange) / token hub like IDEX or Bancor etc? Were there any challenges, recommendations to a particular exchange or useful way to structure the order book initially?
For DEX then listing out wont really be a problem specially erc20 tokens but on bancor it is already given above as i have seen which means listing out on that exchange does really have its own criteria and this will fully depend on your projects potential.For Dex, it isnt really much strict when it comes on certain situation. |
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Quantum computers are not the problem for cryptocurrencies. Quantum computers are now very simple, they have no computing power. And when they come true, we'll come up with a solution how to be quantum-resistant. You are right and this would be just a basic thing that do commonly happen on most things.If its already being compromised or do already have a threat then it would normally find ways on how to secure it or strengthen. Quantum computers existence will really make some affect but thinking up way too early on these years about such matter would really be just stressful into your mind. |
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Yes, Bountyhive safe. I think a lot of it work well and earn
Bountihive have poor project, to many participsnts, smal earnings, and low quality projects This is a common problem even in other platform as bounty hunters are now increasing plus to add those cheaters. What I don't like bounty hive is they don't have spreadsheet on your works in a weekly basis. I'm hoping that they will improve soon as they have a good management. It would really be normal if there are lots of participants then expect the pay would really be lower than you do expect plus the platform will have a deduction into the total tokens so it would be a double deduction so it would be in result on receiving less. Its still safe to join up this platform but if you are concern on possible earnings then it would be better to go solo. |
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Hi guys I need your help on instant exchanges. I want to know your opinion about N.Exchange, ChangeNow, ShapeShift, Changelly. Did anyone use them? My concern is that the final rate of exchange is different from the rate shown in the beginning. ChangeNow tries to fix it with applying “Classic rate” and “Fixed rate”. “Classic rate” is the current rate, but it can be different during the exchange. “Fixed rate” is much worse than “Classic”… really worse!!! ShapeShift keeps the same rate, but as I read transactions just disappear and people loose money. I’ll appreciate any help, thank you in advance. I dont know about N.exchange when it comes to fast conversions.I dont have any problems with Sharpeshift and Changelly,would say that these are capable and legit ones but now shapeshift already requires KYC so you would need to pass documents before you would able to use it which do really suck and i dont have any other choice but to use up changelly inspite on having some issues. I dont have any idea about that Fix rate and Classic rate though but ones things assure that they do have higher fees than usual. |
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Imagine if by the end of this year, the market refuses to turn bullish, what is gonna be your reaction, decision?
Note; you have been stacking all on this time to the end that if it doesn't work out, the year may be summed up as being a failure for you.
No matter on what would be your reaction then theres nothing you can do but to accept and deal with it. Not all the times we would see a bullish run on every year.If it doesnt push on this year then it might happen on next year.I know the feeling of excitement and the feeling where you do really expect for it to happen but you would end up on breaking those hopes.It wont be that easy but as i said earlier, we cant do anything about it and just wait up for the right time on such event. |
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You'll find several opportunities other than mining which actually, in my opinion, isn't really passive, as any miner can tell you, it's almost a full time job really because you always have to monitor and maintain. First thing that comes to mind is investment in casino bankrolls, there are several which offer the chance.
Others like BitDice (in my signature) you can buy the native tokens that are linked to profit sharing every quarter. That's truly passive but of course carries a risk like all investments.
Maintaining a large number of rigs can be a full-time job but with the monitoring and automation tools that are available maintaining <10 rigs doesn't take that much time, depending on how you set it up. And I don't want to get involved with anything related to gambling but thank you anyway. Other opportunities aside something related to gambling... Maybe you can try affiliate program of bitcoin related services such as affiliate program of exchanges. Indeed it is not an easy thing to do, but if you can find many active traders under you then it can be a very good passive income. You only need to spread referral link as much as possible, obviously you need something attractive to make people register using your link. Affiliate market is one of the ways but as being said this wont really be an easy thing and it do also matter with some luck on hooking up some possible big volume traders. Gambling isnt really an option when we do talk about passive ways on earning or even just having the plan on increasing your investments.Passive can be also attained on gambling sites bankroll not the one who do play on it.Always stick with the house but as expected returns wont really be that big. |
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This doesn't happen to only you, many investors out there have experienced the same thing with you. This year the cryptocurrency price have experienced a drastic price reduction, so it will also happened to the ICO price. And as I know, you don't only have a new coin, especially if the project is filled with bounty hunters, bounty hunters will not care about the price condition after the tokens have been listed in several exchanges they will sell tokens that they got quickly because they will know the price of the token will decrease.
Another blame for bounty hunters but have you eventually considered on how much token allocated to hunters on the entire supply? Its just 1% dude and you should always took the blame to the investors not to bounty hunters all the time. Yes, they do dump immediately but the real dumpers are the investors. If a legit or potential project being dumped on initial phase if they can sustain for long term then they can withstand on that situation. |
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Pump and dump groups are only there to help the few people in charge random people trying to ride there coat tails are just targets that are playing a gambling game with there funds.
Just avoid them you will get lucky once in a awhile but you will get super burned and wish you just invested that same money into a investment you researched.
dont just throw your money away on these tricksters
We have already made or say into these cautions but still there are people who are really too greedy and does like to have that fast money and by joining up these groups believing that they can achieve it thru this but the reality would be faced up, inspite on making money they do actually lose it big time.Pump and Dump groups are only beneficial to the creator itself. There might be on some random people too but only on small chances. |
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Conclusion:
I know it’s all individual. Some people trade days and night and they feel pretty good. I just told you my story with my experience. I don’t pursue anyone to stop trading. It’s just important for me to warn some people who can have the same problems.
I cant really deny the fact that trading is indeed a stressful thing yet you would need to control your patience or temper when you do see a particular difficulty situation. Repeating these experience would really affect you but the thing you should done is not to put or engage too much your feelings on it because once stress will cover you up then its expected it can really affect your mentality and physical body as well not only on trading even on basic thing we would do we can actually experience it too. |
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The only thing you have to use in viewing the forecast is any news, but there are fake news that are only aimed at confusing investors.
But the question is, how you would identify fake news or not? This is the hardest part yet fuds and shills can be heard of when you are into this market. When theres a significant news about hacking incidents then its either be real or just a fud just to make the market down and there are bullish news which been said but it doesnt really give benefit on price increase.So this is the reason why i dont really trust up fundamentals most of the time. |
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To make 100% to avoid scam is impossible because even the good project can turn into scam if one of their team member do,but you can prevent it by doing some research of the project you want to invest,escrow for an ICO i think it is not posible.
Also not all the projects that fail are scams, you just need to look at the world of businesses to know that most of them fail even if the owners had all the desire to become successful, and the same applies to the ico market, there are many good persons out there that are trying to develop something new but they are underestimating the difficulty and the costs that it will take and so the project will eventually fail. Successful projects/owners dont really easily achieve that state because it would really need to convince the community to have that kind of support.Achieving success wont really happen just overtime but it would really need lots of factors to be seen until it would able to get such support. You are right that there are serious project owners that do really strive to succeed but difficulties would be faced wont really be that easy. This is especially true at a moment like this where the market of cryptocurrencies is not really growing and where it may seem like we are not going to see a bull market in a long time, so many developers are facing a terrible choice, do they try to start their project even when no one seems to want to invest in it or do they wait? But if they do wait then it is possible another project gets a first move advantage over them. Its just an option if the team or project would decide to pause or wait for the right time but as you said there would be a possibility that other projects that do have similar feature on yours will cover you up and might get the interest to be funded which is really a disastrous thing.We have seen projects tends or decides to extend their ICO sale and for the reason which market is really on bearish mode and most investors are hesitant and afraid. |
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The 1st principle: never lose your money.
Never lose money? I dont know on how you would avoid such stuff even the most professional ones do suffer it out. The 2nd principle: look for opportunities and avoid big risks. Return must be greater than risk.
Investment/opportunities do always tied up with risk and the ratio would always be equal on what you are targeting. The 3rd principle: pay taxes.
If you do live on a strict country when it comes to tax then you dont have any choice. The 4th principle: create a diversified portfolio:
If you do have the money then this thing would be the best thing to do. |
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I need to prove ownership of funds for something, so am purchasing a signed message. I will pay 200 bits for this if your wallet has 1-8 BTC, and will pay 1000 bits if it has 8 or more. Preferable amount is 8.5
Contact me now on Telegram @SonOfSam5 or pm here
Who would be the dumb person who would share up a signed message for a dust bits? For sure that signed message of wallet would be used commonly on scamming someone.Faking out to prove out that you do own that funds. Seriously man? |
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When Steam announced that they are not accepting Bitcoin as a method of payment, they said that it is temporary untill Bitcoin gets stable. Bitcoins price has been pretty stable for a longer period, so why not start accepting again? Did they announce anything?
It's pretty stupid of them because now I am forced to buy from third party sited and Steam doesn't support that but they don't want to support Bitcoin either.
I havent heard about such possible options to be back again since steam remove bitcoin.I miss those days where they do accept it to credit up your steam wallet. Bitcoin would never been stable and Steam is surely looking into that one, when they do talk about stability then they would really mean about having similar features such as fiat thats why i dont really expect that it would be accepted sooner due to their terms it would still took long time or wont really be possible again at all. |
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