the best binance, while other exchanges seem normal nothing special. we see lots of exchanges following a binance strategy and we see them starting to hold IEOs like binance. we'll see who is the best and this competition is not finished.
Binance is the best right now but some of the exchanges are also good to trade for like bittrex and poloniex. On choosing the exchanges you must consider your needs and wants, both in bittrex and poloniex are asking for the KYC while binance are not, this can be a big factor why binance are still the top option. I’m trading with not just one exchange, i honestly have accounts on these three exchanges and so far it works well. The competition will never end, it wll become more stronger. Binance gives traders a lot of options, I believe they still accept traders even without KYC. Polo and Bittrex, both are good exchange, in Bittrex I'm fully verified but I haven't updated my account in Poloniex yet since they are not actively adding new coins. I have 2 exchanges that I'm currently using now, trex and Binance but I usually do my trade in Binance, recommended one.
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Uptrend, forget about the possibility of the bull trap because whales just encourage you not to ride to this upcoming big bull run. $5700 in your book now, but Bitcoin reached $6,000 already in some exchanges. If this is still a bull trap, we can accept this, what we have in mind now is to see the price to rise again as most of us get's really disappointed last year.
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Let's stop assuming that whenever a coin partners with, the price would skyrocket so fast.
I agree, we are not living in the past, this type of news does not easily create some hype anymore.
Qtum remains to be one of the major coins in the market, so it's going to increase, provided bitcoin will continue on its way now. Most coins are actually undervalue, that includes Qtum.
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yes, it seems that a bullish trend has emerged now and I have begun to believe that the price of coins in the crypto market will continue to grow. maybe we will see that in 2020 all the coin prices will soar, it looks like Binance Sorce's predictions will happen soon because at this time the initial increase in the price of Bitcoin and other coins will soon start.
Even if most of my altcoins holding are not yet increasing but I'm optimistic they will follow the bullish trend soon. This trend can be seen in the history of bitcoin, after it was dump so hard, the price them rise and I think what we are witnessing now is just the beginning of the next bull run. We are in the first half of the year, and if we can breach $10,000 in the first half, I would expect it will double before the year end, and the new all time high is likely to be seen.
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In fact, the current condition of the crypto market is quite not stable however it doesn't matter the token you have. I suggest the best thing to do now is to keep holding and waiting patiently.
Depending on the volatility of this market. If the value of all pennies tends to increase this year then advisable to sell immediately because after each price increase, there will be a huge correction in this market. Today, the psychology of people can be very good but surely this will not last long because when the market turns red, the panic sale will happen so don't be patient when the market starts to collapse. That could happen, but I believe if the price will dump now, there will be less panic compared to what we've seen in the past. The long bear market was a test for investors and we have learn a lot and maybe those who panic are not anymore in the market now and majority that remains are the strong hands, if they survive a long bear market, a sudden dump then would be just normal to them.
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Bitcoin is up now, so rich people will once again come back.
If you notice the volume, that would simply tell that they are investing once again, you are really new in the market, you have to make a research and study the market history so you will know that market can bearish or bullish, and to tell you, we in the bullish trend now.
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I think USD 100 will do, presumed that the prices are already stable and the market is healthy, free from hysterical and overbought. Trading with scalping technique by spreading your money in at least 5 prospective coins is recommended, with the biggest portion is in the btc.
100 Dollars is quite a small amount for trading especially for the scalping purpose. Scalping should be done with big amounts because it wont give you much profit if you do scalping with small amounts. Traders with small amount of initial capital should invest in a coin and then wait for atleast 10-20% gain. That's not enough, wait for at least 100% and then reinvest in other coins, it's possible in the early stage but it's hard to find this kind of growth in the current times. Maybe the best option here is just buying a cheap coin or undervalued coin and then hold for long term, 5-10 years is a long hold but I'm sure the market will have significant changes that time.
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i guess it can jump to 18 - 20 again what's your opinion about this coin It could easily jump that price, I think we've seen this price before but it did jump again at 20-21 sats as some instance. I can say this coin is very undervalued, anytime it could pump so this range now is a good value if you are accumulating for the future. The return would be nice as this current price, we could see it double IMO.
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Still remember when bitcoin price was $4000? People are still asking same question if it is good to invest when going down or up. You can miss the down trend if you wait for tomorrow, crypto are so volatile. May be you will miss another bull run if you wait for down trend. In my opinion, bitcoin price is healthy enough now to invest.Don't wait for another down trend or you will miss it.
The market has fallen in price for a long time and this is the only chance to see the value of Bitcoin reaching $ 20,000 again because people are having a very stable psychology in this market. I think buying demand will be higher and profit making will come to you if you have a reasonable investment strategy in the market fell. Personally, I am still looking for new coins that are available in the market and will consult many experts for the best consideration. We should consider this moment as our chance, bitcoin is slowly rising and gives excitement to people again. It's obvious that investors are coming back as we don't see this kind of volume in the past, $20 billion trading volume in the past is hard to achieve now we have doubled it and it is still increasing, more traders are playing also, means the market is now bullish.
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Most exchanges are prone to money laundering since they dont ask a proof of income or the source of their money come from.
also Binance recently joined with CMC for providing transparent market data.
Most of the exchanges does not offer fiat deposit and withdrawal, so it's alright if they will not ask those documents since it's a job of the local exchange to ask. I have bittrex account and I can deposit with fiat and withdraw as well, and I complied since they ask for KYC with the source of income of course, but I'm also enjoying Binance as I can trade even without KYC, in fact making more than one accounts with Binance is easy currently.
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But there are some people in crypto saying that this is all fake bull run and that we are going to see a very drastic drop to 1000$ in 2019 before the real bull run will come and stay
I don't think you should believe it. look at the market looks good, and there is no sign of a decline so far. and I think we are on a bull move that will bring the market up. don't expect there will be big bulls like 2017, this is a different condition. I'm expecting the same 2017 was much of a hype but this time it could more sustainable bull run. If the price will pump harder without solid news backing it, it will again fall hard, but this market now has matured and investors are smarter, once it pump there will be not much of FOMO and it could be due to institutional money coming in. If this year we will witness a bull run and until 2020, it's expected a new high will also be created.
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They said there are two types of people in crypto society. One is a speculator and the other one is a true believer of crypto. But for me, speculation is either a false news or serves as our guide on which way should we take in or which prediction should we believe. But we should remember that we don't have to rely on the speculations only. We have to set our real purpose and trust our own analysis.
Yes, everyone is speculating from now 80-90% of crypto enthusiasts that is waiting for this and who saw this pump of bitcoin would speculate. Other are also speculating in some of the alternative coins in the market. It is a part of trading a thing in mind that a person thinks ahead of what might happen in price. If we don't speculate, we will not become a successful trader. Price movement is what we are looking as we are predicting whether it will go up or down, or touch a certain amount, and we cannot only based on the price trends as this market can move with hypes and FUD, that's why news is also relevant and a big factor to consider.
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This is really true that it's hard to monitor the progress of the coins you have if you have a lot to monitor. Holding for long needs you to be aware of what is happening on every project you invested, OP lost a lot of money as he failed to swap his tokens before the deadline.
Actually I have a lot of coins here in my portfolio, some of them I earn through bounty and I have not really monitored it since I also loss interest due to a big dump of its value.
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I really wonder how he is surviving now because i know that time is pure heaven to this particular period of time and to tell you the truth the only way you make it is by making peace with the past and letting things go Sometime you need to willingly let it go and start again
The market is changing in fact it's showing bullish signs now. Surviving is possible if you don't panic, you can hold and just wait until the price recovers, don't be too hard on yourself, don't be emotional what you need to do is just to believe while holding, we've seen a bull run in the past, we will definitely gonna see it again.
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I am agree, there is too many different coin with same project and sometimes duplicating old project and releasing new ICOs. Its reguire diligent and knowledge to find a good investment if we want to make profits for long term
I guess that is not a big problem, where projects that cannot survive and compete with other projects will be abandoned. because market demand will continue to increase and increase, if the project is not able to develop and follow the market's wishes, they will obviously be left behind. There are similar project in crypto and that is just normal, the most important is the competition as more competition it will provide better service. So, even if they offer the same platform or product, you only invest on one that you think has a better team as most likely it will become successful. We cannot prevent people from entering the market as we are getting bigger here, more adoption is good for the market.
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I think so because investors are more aggressive with IEO coins than ICO coins. We can tell the difference because most IEO were sold out while ICO are having a problem even reaching its soft cap.
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This is the right time to invest into cryptocurrencies when their prices are very cheap. In this bear market what you can do to help yourself and your cryptocurrency portfolio is to purchase cryptocurrencies that are cheap and hold them till the market rises.
Long enough to see the price will recover fully and are you able to wait for this for the next few years? it won't be easy for everyone to wait. Some people start to be anxious and bored to wait long enough for the suffering they have felt right now. We should be optimistic now, we have not witness this kind of market movement in the last year especially in the 2nd half, so his might be the start of the bull run that we are all waiting for. Patience will help us achieve our target, so being relax and trusting the crypto market is what we should do now. The recovery is not instant, it may take awhile but as long as it will based on our expectation, that is something we have to be happy with.
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This accusation is nothing if not coming from a government agency especially the AMLC (Anti Money Landering Council) I don't get the point on why an Exchange could launder money when they are just facilitating traders, if this accusation have a substance somehow then I'm afraid Binance will fully require traders to comply with KYC first prior accepting them, currently, they don't for 2 btc and below daily withdrawal.
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In my opinion it’s very very hard to get much benefits by making investment into icos. Cause nowadays most icos are fake any others are not much profitable for this bearish market trend. So I think now It's not so profitable to invest into ico.
There is a simply solution to that, if you don't trust ICO anymore, you can shift to invested in an IEO. As the market is changing, we have to adopt with such changes, this is necessary and proven effective to minimize the scam as it's sponsored by an exchange. Only one thing you have to follow here, and that is the reputable exchange hosting the IEO.
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@japinat , its not about the internet connection on why ed is slow because i have already a fast connection but the site still loads slower . its not also about the transaction fee .
The last time I used it, I'm satisfied with the speed of transaction. That was last year IIRC and maybe lately they have a problem and their site instead of getting developed, it has getting obsolete. I can't wait for Binance DEX, according to the news I read, they will launch it ahead of schedule.
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