The existence of crypto is keep on increasing and now crypto is gaining quite high popularity, but the increasing of crypto coins number didn't give a positive impact for the crypto world infact many of the users feel the ICO that keep on appear destroy the market condition and make the bitcoin price sliding down, the traders maybe got the advantage of the new emerging coin, they got more choice to trade
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Faith itself won't help in the trading, we need to combine it the knowledge and experience, when we got enough that then we can have faith in trading, it's quite important to have faith so you can be sure about the step that you are going to take in any situation, faith also can increase your confidence in making decision in trading
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Well rich ia a very subjective thing, it will depend on how much money that got after you convert it to fiat, but if you hold crypto before hyper inflation you will be consider as one of the lucky and smart investor, crypto could definitely help you when fiat got inflation, avoiding inflation is also one of the main reason people invest in crypto
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The traders need to have a lot of different strategy so they can still make profit in any market, and the traders also need experience to know which strategy that going to work the best, but with the continous bear market it will be very difficult to make profit, but a good and experience trader will keep on learning to handle the situation, the traders need to be flexible with its strategy to make the maximum profit
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My point is not to trade in the markets you see is not transparent and not protected by law. In a nutshell, if the Crypto brothers want to trade successfully, (1) trade only the top coin, since it is harder to trade, (2) study more technical analysis, and learn from forex traders year, because they have good ptkt platform, suitable for speculation. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Forex trading with crypto trading is similar, the different is about one way transactions with two ways transaction ( open position ). Forex is very old and has legal law, until now many company and countries use it for balancing their asset. Of course every new trading will use forex trading concept. Learn, practice and disciplines is the key. I think all the basic of trading is the same, its about chart, price action and indicators, but the difference between crypto and forex trading is the factor that caused the price to move, in forex the price is very sensitive to news, political or economic news even rumours can caused the price to move, while in crypto the market the price is based on the supply and demand and the forex market cant be manipulated
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If you don't know how to trade then go and study the basic, there will be a lot of sideways in 2019, many expert predicted the price won't be too good in 2019, not a lot rising will happen and we need to prepare for the continuous bear market, this is the correct time to buy, but you will need to hold for a longer time
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I don't think 2018 is the worst year, dor beginner maybe its a frustrating year, 2018 is one of the longest bearish market for crypto, and yes people prefer to take profit for themselves rather than cooperate to make this technology to work, but if you see the bright side you will notice that bitcoin still in a good track and you could buy some to stock and make profit in the future
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Well bitcoin only exist in a short time but the price able to multiply, most of the investors now only invest in crypto because of the profit when they can appreciate the technology then we will see a huge rising, and we can't compare gold and bitcoin, both of them are different things to compare
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I had witnessed the rise and the fall of crypto, the crypto market now is not in a good condition, we already had a very long bear market but the market wont stay bearish, when it hit the bull it will increase sharply, this is the perfect time to buy, if you leave now you will be regret when bitcoinnhit anothr ATH
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It could be, but the fee for transaction is already low, so it doesn't need to be decrease again, to increase the bitcoin usage and adoption we need to make it more stable and need to have the permit from the government, the speed and the fee now is not an issue for the bitcoin anymore
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I think you are addicted to gambling, if you keep on thinking to gamble and think gambling is more important than other things then you absolutely addicted, nowadays almost all people prefer to gamble in mobile, its easier and can be played whenever you are, so I think mobile gambling will be my choice
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I like this quote and it does make sense but I prefer to look for the good chance and make a good profit in one trade rather than do multiple trade with small profit, multiple trade take a lot of time and need to pay attention to a lot of chart and sometimes the amount of profit could not cover the other lost, so I think the more you trade the more risk that you can get in day trading
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Well indicators could help you to see the reversal and when the trend is going to change, there are traders that trade without indicator, they used price action, if you are really good in price action then you can know the market movement without indicator, but its still recommended to learn about indicators, it is really useful to combine price action and indicators
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I think that's a good idea, but most of the time the developers depend on the hard and soft cap to promote their project, I think this kind of case already being warned by more senior accounts, dont join the project if there is no escrow but in the end the bounty hunters didn't care about the escrow and keep on joining, so I think this is half of the bounty hunters fault
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I think there are so many flaw in your way to escape from the tax, its not that easy to escape from tax, the government got access from all over the place, and there are not a lot of stores that accept crypto yet, so we need to exchange the coin into fiat, if the government decided to tax the crypto just pay for it, don't because of some people try to cheat the tax payment the government ban all the crypto
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I agree, people shouldn't make crypto trading as their main income, the market of crypto is really fluctuative and the bear market could last very long, its too risky to depend your basic need with the crypto trading, many of my friends regret to quit their job after experience the long bear market, make trading as your side income, if the market is not too good then just wait for longer term
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The rising price is not a big factor for Amazon or any other big companies, they need a more stable and more efficient currency to used, and without the permit from the government the big companies couldn't adopt the crypto payment and they still not sure by adopting crypto could give them benefit, so we should take the adoption thing slowly when bitcoin become more stable I think the big companies will consider adopting it
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That is absolutely a great advice, to make profit in trading we need experience and knowledge, the difference between greed and taking risk is only little, greed means you make decisions base on your guts and feeling, taking risk means you make decision based on the chart, analysing and the experience about the market, I learn a lot from my first trading and my first lesson is never to trust anyone to make decisions for your trade
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Gambling and trading are different in risk and reward, in gambling usually the risk of losing is higher due to the house edge, in trading we can increase our winning chance using data, chart and indicators, the reward of gambling can be higher than trading, in trading making 10% profit is already consider as high, but in gambling winning 10% is still a small percentage
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Of course I will choose anonymity, we need currency that able to give us freedom and unique feature to used, if the government doesn't interfere then it will be a great things, but now the government doesn't want just to sit idle, kyc in crypto is a bad thing, we don't know for sure what will the developers going to do with our data
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